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HomeMy WebLinkAbout1653 7b09'7 THtS IN~ENTURE, Mad~ the '25th day pf ~ebzuary T A.D. 19 74 be~ween _ Exnest ~oodxich and Cecile/Goodrich, his wife of $t . ~.i1Cl@ ~p~~~y Flwida, hereinafter designatrd as the "MORTGAGOR;' and FIRST fEOERAt SAVINGS ANO tOAN ASSp~1AT10N OF FORT PIERCE, • co~porat~on organized and ex~st~n9 unde~ the taws o~ ths United Stetaa of America and havinp its principal place of bus;neu ie ihs City of Fwt Pierce, St. lucie County, Florida, hc~e~naiter des~gnated as the "MORTGAGEE:' WNEREAS tha MORTGAGOR is ju~tly ind~bted to the MORTGAGEE in the sum of S.~6-~--DOQ.. QO good and lawiul money oi the Un~~ed States advarxed by the MORTGAGEE unto the MORiGAGOR, as evide~icrd by a cenain promisswy note of even date herewith, of wh~ch the (ollow~ng i~ words ar.d figures is a h~e topy, lo-wit: s -26,000.00 ~ 1002065I Fort Pieres, Flwida. February 25 _ ^1974 For value received, t, we w either ot us, prom~se to psy, without defalca~~on, to the order of fIRST FEDERAL SAVINGS A~:D IOAh ASSOCiATICV OF iORT PIERCE at Fpt P;erce, florida, the sum o( S--_~~~ nnn w~th inrerest irom date at the rate of 8i_75;, per annum, in monthl~ ioatall- ~~~ents as foi!ows: j21~ • on the 2OLh day of Jane ~q74' and a like sum o~ the correspo~d~ng d~r of each month +F.er.- atte~ unti! ehe whole be fully paid. Each ins~allment first shall be applied in paymenl of the interest and then on the unpaid balance ot the p~inupal au~r,. . If p.P.faul~ is made in tht F ayment of any insta~lment when due, and such drfault continues 30 days, then at the opt~on of the ho~der, arx! wi~hout ar.~ other net:ce, a!1 the remoi~ing ~ns~attments shall be due and payabie at once. Privilege is given to prepay this note in whole o~ in part at any time without penaHy. I+either forebe~ran:r, nor acceptance by the holder thereof after any default in any paymert:s hereon, shall be deemed extension. A late paymeM c::arge of S_-~~' 7~hall be added to each 1n:tailment remaining unpaid 7 days after its due date, and a I~ke sum :hall be added to each such instaftment reoiaining urpaid l days after each succeeding payment date_ fach maker, surety and endaser he~eof, jointiy and severally, wa~ves de~nand, presentment protest and not~ce of protest for nonpaymcnt, and further agrees to any extension of t~~ne of payment, e~ther before or aiter maturity, witho~t not~ce to any of us; and to pay all costs of cottection, includ:ng s reasonable attomey's fee ~n the evem of any defautt hereunder, and hereby severa!!y waives all benefit of hQmestead and exemption under the constitution .,nd laws of each State of the United States, as against this obhgation or any extension or renewal hereof. W~tnesa the haod and seal of each party. . s/ ErnestjGoodzich ~~A~~ (SfAI) (SEAI) $ 39.00 s/ Cecile 1Goodrich ~S~,U i- ) State Revenue (Gr~rw~ ~aw~elle~.ow-o~igiM4.w1e~.. NOW. THEREfORE, the MORTGAGOR for ihe purpose of securing payment of said sum of = ~6 ~ OOO . 00 and the performance of tha covenants and agreements hereinafter ea{.ressed, and for divers good and valuabfe considerationa, by these presenti, dces g~ant, bargain, sell, rem~se, ie:ease, tonvey and tonfirm unto the MORTGAGEE, its sucteswn and assigns, atl that certain lot, piece w parcel ot tand, sitvafe, lying, and being in the Courtty of St . ~Cle ~ aod Slate of Ftorida, dewibed ~s ioltows: Lot 5, Block 5, LAKEWOOD PARK UNI? NO. 8-A, as per plat thereof on file in Plat Book 11, Page 47, of the Public Records of 5t. Lucie County, Florida, ~ r' STATE ~F FL sc?i?.=~_ 1 DOCUMEN7AR" STh M G't• i: j _ c? c.-~ JEY: i1F H~YEHilE ` ~ ` - _ n,., ~"•~'i~z~ ~ 3 9. 0 0 t ~i ~ - ee : j~.~ j f ' p1 0 = ~ t , r.; ` ` RELYN~ ~-3-~ D pl PAYMkM Of TAXFS D~E ~I! ClAS3 'C 1lRAll8l~tf PERSQNAI PF'0*ERfY, ~ PUR~MIfi TO CFIMTER 71-13t. 1YCTS OF 1i11. = fiOGEA PORRAS Ct~R% GRCUIT OOUAT, Sf. lUC1E RI~ i ~ F 's ~ rogether with aIl and singular the tenements, hereditaments and appurtantes the?eunto belo~ging w in anywise appertaining thereto, snd all rents, issves, ~ proceeds snd profits accru~rg snd to accrue from said premises, aIl of which are included in the above and foregoing descriptio~ dnd habendum. f TO HAVE AND TO HOtD the sbove desu~bed and gra~ted premisei unto the uid MORTGAGEE, it~ successois and assigns forever. And the uid j MORTGAGOR fo~ heirs, executw:, administrators and assigna, hereby covenant~ witF~ the said MORTGAGEE, its successors and a~signs, ; ~hat the~t are ~aWf~~+Y uized of the said prem;ses in fee simple; that the same ar~ free, clear and discharged from all liens and encum- ' they brances in law or in equity, and that will a~d their heirs shall warrant and dcfend t}x title to the same to the ssid MORTGAGEE, its successors and assigns, forever sgainst the lawful claims and demands of all perso~s; PROVIDED, AIWAYS ~hat if the MORTGAGOR shall pay unto the MORTGAGEE the pronsissory rate he~einbefwe describtd and shaN trvly, promptly and fui(y perform, d~uharge, execure, comple!e, comply w;tF~ and ab~de by each and every the stipulations, ayreements, conditions and covenants of ta~d prom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UNDERStOOp that the wad "lNortgsgw" whether in the singular a pfural snywhere in this Mortgage, shatl be singutar if one only snd shall be plural jointty and_severally if more than one, and that the wud "the;i' as vsed anywhere in this Mo?tgage shall be taken to mean "his;' "hers," or "its;' whereve? the context so implies w admits. Also, that wherever there is a reference in the covenants snd agreements herein contained to a~y of the partiei hereto, the same shall be construed to mean as well as the t~eirs, legat representatives, successors and assign~ (eit}~er voluntary by sct of the parties o~ involuntary by operation of thr law) of the same and that the covenants herein tontained shall bind and the benefits and advantsgq inure to the respective heirs, legsi representatives, successors and ass~gns of the part~es hereto. ~ And said lNortgagors, for themulves and their hein, legsl representatives, successors and auigns, hereby jointty and severally covenant and agree to and with the said MORTGAGEF, its successors snd assigns: " 1. To pay aU snd singu:a~ the principal and intereat and the various and sundry sums of money payable by virt;re of said promissory note, and this mortgsge, each a~d every, promptly on the dsys respectively the same severally become due. ; 2. To pay all snd singvlar the tsxes, assessments, levies, liabilit~es, obligations a~d e~cumbrances of every nature and kind now o~ said desuibed property, w that hereafter may be impwed, suffered, placed, levied, a assessed theieon, w tFiat hereafter may be levied or aasessed upon this Mwtq- ~ age, a the indebtedness secured hereby, esch and every, when due and payable, according to Isw, befwe they become delinquenf, and befoie any inte~est atraches or a~y penalty is incurred; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHALL BE PROMPTLY SATISFIEO AND DISCHARt~iED OF ; REGORD AND THE ORIGIhA~ OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PIACEO IN iME HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat sfied and discharged sa:d PAORTGAGEE may at any time pay ~he same w any part thereof without waivi~g or af(ecting any option, lien, equity or •~qht under or by virtue of this mo~tgage a~d the full amo~nt of each and every such payment shall be immediately due and payable and shall bear interest ~rom the date thereof until pa~d at rate of n~ne per tentum per annum and togerher w~th such imereit sh;Jj}~~tured b ~ of th:s morgtage. r ~ ~G:~, FALE~~~1~ < , : z-~ Y _ . _ - . ~ ~ ~ ~ , "n'''" ~v~~, ~r e ~`r~ ~~5~~,,~~'".-,*' ~ - . ..~•~.r~ -g~~ti . „r, . _ _ t..~~