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HomeMy WebLinkAbout1170 2': 5'"1~.1 ~ THIS INDFNiURE, Mads ihe_ 26th , day of Rebruary , A.~. 19 74 brt~vee~ Harris oC nstYUCt on Corporation, a Florida Cozporation _ of cJ~. Lucie County ilorlda, hereinafte~ dei~ynafed as the "MORTGAGOR," and itRST fEDERAI SAV~r~GS AND IOAN ASSpCIAT10N OF FORT PIERGE, + co~paation organiied and e:~sting u~drr the laws oi the Un~ted Statas of America and having its principal place of business in tM City of Fwt Piace, St. tucie County, florida, hereinafter designatrd as ths "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted to ~M MORiGAGEE in the sum of S 21 ~ 5~' 0~-- • 90~ dnd lawful money of the Un:ted Srates advanced by the h10R1GAGEE uroo the MORTGAGOR, as evidencrd by a certam promisso~y note ot rven date herew~th, of wh:ch the folloning i~ wo~d~ and fi ure ~s a trw copy, ?o-wif: S 21,50~.~0 No 10020655 Fort P~erce, Fbr~da, RebYUa~ 26 19 74 For value ~eceived, 1, we w either of us, prom~se to pay, without deFa,car[on, to the o;dr~ of iIRST fEOERAL SAVINGS AND LOAN ASSOCIATION OF iORT PIERCE at Fat Pirrce, Florida, the sum of j2, ~SO~~~ _ w;ih ~nterest from date at the rate of 8~7~o per annum, in monthly install- ~~,enu as fol!ows: S 17~•~~ - on tF?r 20th day of April ~q 74 _ and a like sum on the conespond~ng day of each mon~h rhere- atrer until the whole be fully paid. Each ~nsmllment iirst shall be applird in paYment of the inte~esl and thrn o~ the unpa~d ba~ance of the princ~pal sum. If def~u~t is made in the ~ ay~r+ent of any installmant when due, and such default continues 30 days, the~ at the opt~on of the ho~der, and ~viihout any other ~otice, ali the remaining ~n;rall~nents shail kx due and payable al once. Privilega is g~ven to prepay this note in whoie or in part af any time without penalty. Neilher 4orebearance, nor acceptance by the hoider thereof after any defaull in any paymen~s h.:reon, ahall bc deemed extens~on. A late payment charge of ~_8! 85. shall be ~,Jded to each insrailment remaining unpa~d 7 days alter its due dafe, and a I~ke sum shall be addrd to each such ins!ailment remain~ng unQeid 7 days after each succeeding payment date. Each maker, :urety and endorser hereof, jointly and severally, waives derr~jnd, presentment protest and notice of protest for nonpayment, and further agrees to any eztens~on of t~me of pay~nent, either tx:fore o~ after maturify, witho~t nor~ce to any of us; and to pay atl ccs~s of collecric~, includ'ng s reawnable attorney'a fee fn the event of any defau~t hereundzr, and hereby severa!{y waives all benefit of homestead and exemption under 1he constitution ~d !a•.vs of each Srate of the Un~ted S~ates, as a9a~nst this obi~gation w any ex~ens~on or renewal RI N TION OORPORATION W~t~ess the hand and seal of each party. _ CORPORATB SBAL AFRIXBD ~ ~ (SEAI) BY : s J' Zf 1S ~ (SEAL) ~ (SEAU ATTBST': s ra c in . , ecz ary~~) S32' 25 1 State Revenue t~~"'p."~"°+~°.~-e~~°"~"~ ~ 21 500.00 NOW, TNEREFORE, the MORTGAGOR for the pu?pose of securing payment of said sum of S ~ and ~F~e pcrfwmance of the cov:nants and agreements hereinafter expressed, a~d fw d~vers good and valuabte conside~ations, by these presents, does grant, baryain, sell, remise, release, convey and confirm unto thr MORiGAGEE, its successo~s and assigns, all that ce~tain lot, piece or parcel of land, situate, lying, and being in the County of $t• LUCle and State of Florida, dexribed as follows: I.ot 6, Less the West 27.14 feet thereof and Lot 7, Less the Bast 27.06 feet thereof, Block 5, RBPLAT OF SUiYSBT PARK, according to the plat thereof on f ile in Plat Book ; 11 at page 28, Public Records of St. Lucie County, RloYida, ~ ~ ~ ~ - i e 9 6 ~ . _ . . . RE~1Y~ ~RI AA1111Eilli OF w1~5 in - - - t - S TA T F F i._ ^~c 1 euE ar a~?ss ~c Kruwe~e~ e~~sowK ?wo~am. ~ D O C U M E N T A R Y.~~.-> =S T~: W< pt1RgUAftT lb CtiAPTER 7I•234. ACTS Q 1971~ - l ~ r' OF''.T 'i~~:~CtiLNUE .d ~ ~ IDGER tO(~RA$ ' Z;i = fEbcS'74 t' ( ClERK CIRCUIT f~011RT $T. lM'i1E FUl ~ ~e. -.:~1 3 2. 2 5 1 . oo~. ~ o ~ ilTn2 ~ ~ ~ • s ~ ~ ~ ~ rogdher with all and sing~iar the tenements, hereditaments and appurtances thereunro belonging or in anywise appertaining thereto, and all rents, issves, ~ proceeds and prof~t: accruing and to accrue from said premises, all of which are incl~dcd in the above and foregoing deuription and habendum. ~ TO HAVE AND TQ HOLD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said ~ MORTGAC;OR fpr lt3 he~rs, executors, admin~strators and assigns, hereby covertanss with the said MORTGAGEE, its successors and suigns, ~ fhat lt 1S ~aWfully xized of the said prem~ses in fee simple; that the same are free, clesr and discharged from all liens and encum- bra~ces in law or in equity, and that lt wi~~ and 1tS heirs shell warrant and defend the title to the same to the said : ~ MORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all persons; t PROVIDEO, ALWAYS tFwt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe desuibed and shail truly, promptly ard fully perform, diuFwrge, execute, tomp~ete, comply with and abide by each and every the stipulations, agreements, conditiona and tovenant~ of ~aid i~; promissory note snd of this Mwtgage, then this Mortgage and the Esrate hereby created shall cease and be oulf and void. IT IS UNDERSTOOD that the word '"Mortgagor" whether in the singular or plural anywhere in this Mortgage, shail be singular if one only and - shall be plural jointly and severally if mwe than one, and that the word "their" as used anywhere in this Mwtgage shsli be Uken to mean "his;' "hers," or "its;' wherever the tonteat so im plies or admits. Also, that wherever there is a r~ference in the covenants and agreements herein contained to sny of the parties hereto, the same shall be construed to mean as well as the fieirs, legal representative~, sutcessors and assigns (eithe~ voluntary by atl oi the - parties o~ involuntary by operaYan of the law) of the same and that the covena~ts herein co~tai~ed shall bind and the benefits and advantages in~re - ro the respective heirs, legal represenfatives, successors and ass~gns of the parties hereto. J _ And said Mlortgsgors, ior themselves and thei? heirs, iegal reprexntatives, successors and assigns, hereby jointly and severally tovenant and agree ~ ro and with the said MORTGAGEE, its successors and assgns: : 1. To pay all and si~gular the prirxipal and interest and the various and sundry sums of mooey payable by vi~tue o! sa~d promissory note, and this ~A' mortgage, each and every, promptly on the days respectrvely the same severally become due. ~A.~'i 2. To pay •II and tingular the taxes, assessme~ts, levies, liabilities, obligations ar+d encumbrancet of every nature and kind now on said dewibed y~ property, or thst hereafter may be imposed, suffered, plsted, levied, or asussed thereon, or that hereafter may ioe levied a assessed upon this MortQ- age, w the indebted~ess secured hereby, exh and every, when due and payable, accordirg to law, before they become delinquent, and befwe any imerest ar~aches a any penalty is incurred; AND INSOFAk AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISfIED AYD UISCMARGEU OF RECORD AND iHE ORIGIt~fAl OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, 1HE TAX "RECEIPT OR THE SATISfACT10N PAPER OifICIAtIY ENDORSFD OR CERIIFIE~) SHAII BE PLACED IN THE HANOS Of SAfD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tFx event that any thereo( is nof ~ paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay ~he same or any part thereof wirhout waivi~g or alfecting any optian, lien, equity or •~aht under or by virtue ol this mortgage and the full amount of each and evEry such payment shall be immed~ately due and payable and shal) beat interest " ~•om the date thereof until pa~d at rate of n~ne per cen~um per annum a~d together w~th such interest shall be secured by the lien of th"s mwgtage. ~ ~r . , . - i s. v~ ~ ti ~ ~ ~ ~ ~ k - I ~ ~ ~ ~ ~ 'r ' t ,~,~;C _ _ e. . 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