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HomeMy WebLinkAbout2501 ~G /bbt~;~ THiS INdENTURE. Made ihe 12th_ day af _ HBICh A.D. 19 74 between E. D, Whitea~an and Charlotte V. Whiteman. his wife of St. 1.11C1@ ~p~nty Florida, herr~nah~r desynatrd as the "h10RTGAGOR,° and FIRST FEOERAt SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporaGOn organized and eaiu~ng under the laws of ths Un~ted S~ato~ of Americs and having its p~incipal place of busines~ in ths Ci~y of fwt pieres, S~. lutie County, Ftaida; hereinafter drs~gna~ed as tfa "MORTGAGEE:' WHEREAS Ihe MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of s25 __~0~00 , good and lawful money of the Un;ted States advanced by the MOR~GAGEE unto the MORTGAGOR, as ev~danc~d by a certa.n promiasory note of evcn da~e herew~~h, ol wh~ch ~he foltowing in wo~d~ anc! figwcs is s true copy, to-wi~: z 2 S, 000. 00 ~ 1002069 5 fort Pierce, Florida, •ta rch I2 ~ 1974 Fa vatue received, 1, we or eithe? of us, prornise to pay, w~thou/ defa!c~r~un, to the order of Ft~2ST FEDERAL SAVINGS AND IOAN ASSOCIATIO~I OF :ORT PIERCE at fut Pierce, Florida, the sum of S- 2$s~0!00,______ w~th interest fiom datr at the rate of 8•9_?o per annum, in moMhly install- .•~ents as follows: j_225.00 ~ t~ 20thda oF Aptil 74 Y 19____ and e like sum on the correspond~ng day of each month the~e- airrr unti! the whole be iully paid. Each install~ne~N first shatl be app!ird in payment of the iMerest and thEn on the unpaid balance of the prinupal sum. If defaull is made in the ~.aymem of any instaliment when dve, and such defau!t continues 30 days, then at the optio~i of the ho!der, and without any other not~ce, al! the remai~ing ~~~sraltmen~s shall be due and payable at oncr. P~ivilege is given to propay th;s no~e in whole or in pa?1 at any tin~ without penalty. Neither forebea~ance, nor acceptance by ~he holder thercof after any default in any payments l~ereon, shall be deemed exrens~on. A late paymeN charge of S 11-*_25 shall be ~dded to each insea~lment remaining unpa~d 7 day~ after its due date, and s I~ke sum shall be addzd to tach such installment remaining unpaid 7 days after rach succced+ng payment date. Each maker, surety and endwse~ herepf, jointly and severally, waives demar.d, p~esentmertt protest a~d notice of protest for nonpayment, and further a9rees to any extension of ti~ne of payment, either before or after maturity, w;rho~t not~ce to any of us; and ~o pay ail costs of collection, inctud:ng a ~e~sonable attorney"s fee in the evem oF any default hereunder, and hereby severafty waives ell benefit of homesTead artd exemption under the tonstitution ~~~d laws of each Stare oF the United States, as against this obiigation a any exter.=~on or renewal hereof, Wit~ess the hand and seal of each party. (SEAI) _ s/ F. D. Whiteman ~~Aiy (sEat) s/ Charlotte V. Whiteman ~ ~ 37 . 50 ~ State Revenue i 5Q a~ aoa Med sa adgto~s) NOW, THEREFORE, the MORTGAGOR fw the purpose of securin a ment of said sum of S 25,000.~ 9 P Y , and the performance of the :•~venan~s snd agreements hereinafter expressed, and for divers good and valuab!e considerations, by these presents, dces grant, bargain, sell, remise, re:ease, convey and corf~rm unto the MORiGAGEE, its successors a~d auigr.s, all that certain :ot, piece or parcel of land, situate, tying, and being in the ~ounty of $L• t,LLC1Q snd S~ate of Fb?ida, desuibed as follows: Lot 11 and that part of Lot 12 described as follows, to ~?it: Commencing at the North~rest corner of said Lot 12 and run thence Southeasterly aiong the Northerly line of said Lot 12 to the Northeast corner thezeof, thence run Southwesterly along the ~asterly line of said Lot 12, a distance of 30 feet, thence run Northwesterly, parallel to the Northerly and Southerly lines of said Lot 12, to the East line of Chipola Road, thence run North- easterly along the East line of Chipola Road a distance of 30 feet to the point of beqinning all lying and beinq in Slock 28,of PINE- WO~D SUBDIVISION, according to a plat thereof recorded in Plat Book S, at page 24. of the public records of St. Lucie County, Florida. ~:~~~FL~~'~~' ! ~ S T A.~, Y F. - s~<, M~~` t• ~ t. ~ n~ p+nn~xr oF mx~s Ut7CUMEN ;ti: _ . - ~ DUE ~II ClIl1J'~` NiTAM6161E PERSOW~1 PRt~iIY. >~c - -r":'~• C? ,-o ~F,P1y;iF i~i.YEN- _ y,, s", J r, Q t ?tIRR~WR TO CFUiPTEZ 71•13d. 1~CiS Ui 147~. ~c _ = ,b... Is i 'r.t ` iOGER POf?PJIS N ~ P8. r~ : , ; ~ ~f ' C1fRK CIRCUIT CQ'JRT. Sf. tt11:1E !J~l, FT3L c, - - ~ogethcr witF? ill and singular the ter.aments, hereditaments and appurtances thereu~to belonging or in ~nywise appertaining thereto, and all rents, issues, c~oceeds sr.d profits accruing and to accrue from said premises, all of which are included i~ the above aod fwegang deuription and habendum. TO HAVE AND TO HOLD the above described and granted premises vnto the said MORiGAGEE, its s~rccesson and assgns forever. And the aaid their MORTGAGOR fw l~e;rs, executors, administrators and assigns, hc~eby covenants with the said MORTGAGEf, its successas snd suignf, rhat - Lh~ aIQ__ lawtu~t seized of the said y p~em~ses irt fee simple; that the same are free, tlesr and discharged from all liens and encum- t~rances in law or in equity, ar+d rha?- thev a~ their heirs shall warrant and defend the title to the same to the said ~~ORTGAGEE, its successors and assigns, fwever against the lawiul claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote hcreinbefae described and shall truly, promptly and fulty perform, d~uharge, execute, compiere, comply wi?h and ab;de by each and every the stipulat;ons, agreements, conditio~s and covenants of said prom~ssory note snd of this Mortgage, then thia Mwtgaqe and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Mongagor" whether in the singula? a plural anywhe~e in this Mortgage, shall be sing~lar if one only and shall be plural jointly and severally if more thsn one, and that the wwd "rhe~r" as used anywhere i~ thi~ Mortgage shal! be taken to mean "his;' "Aers;' or "its," wherever the conteat so implies or admits. Also, that wherever there is a reference in the covenants snd agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, Iegal representativet, succe:sors and assigns (either votuntary by sd of the parties or involuntary by operation of the law) o} the same and +hat the covenants herein contained shall bind and the benefitt and advantages inure ro the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgsgors, fw themselves and their he~rs, legal representatives, successors ind assigns, hereby jointly and uverally covenant and agree ~o and with the said MORTGAGEE, its successors and assigm: 1. To psy sl! and singular the princ~pal and interest and the var~ous and sundry sums of money payable by virtue ot said prom~ssory note, and this mortgsge, each and every, prompfly on ihe dsys respectively the same severally become due. 2. To psy all and singular the taxes, asscssments, levies, liabilities, obligations and enc~mbrances of every nature and kind now o~ said described property, or that hereafter may be impo~ed, wffered, plated, leried, w assessed thereon, or thst herea(ter may be levied w assessed upon this Morty- age, a the indebtedncss secured hereby, each and every, when due and paysble, xcwding to Iaw, before they become delinquent, and before any interes~ arraches or ar.y penalty is incurred; AND INSOFAR AS ANY TNEREOf IS Of RECORO THE SAMf SHAtI BE ?ROMPiIY SATISFIED AND DISCHARGED OF RECORD AND TME ORIGIt3Al OFfICIAI DOCUMENT 1SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC~ION PAPER OFFICIAIIY ENDORSED OR CERi1FIEO) SHAII 8E PIACED IN THE HANDS Of SAIp MORiGAGEE WITHIN TEN OAYS NFXT AFTER PAYMENT; and in the event 1F+at any thereof is not pa~d, sat"sfied and discharged sa d MORiGAGEf may at any tlme pay the same w any psrt fhereof vvithout waiving or a{fecfing any option, Iien, ~quity or •~qht under w by virtue of th~s mo~tgage and the full amoum of each and every such paympnt shall be immediately due and payable and sha~l bear interea~ ~•om the date ther-of untii pa~d at rare of n~ne per centum per annum and togerher wnh wch inre~est sfiafl-b~ t epy~p~ y~r the lier~~th s~orgtage. . ~vrir4 P~~E~ t; ~ ~ ~ f -l~~ ~ ~ ~ ,~.-'~,s---.~;b. r ~y ~~~~~.a"' ~,...r. : ~ Y _ i .~s~- ~~~it~ ~ ` , ~~-'M""'•.f.t~.m~:YvaM