HomeMy WebLinkAbout2503 iv • vVVV
THIS INDENTURE. Msds the ~th day of ~r ch ~ , A.p. 19~.~ between
Marlin Ro9er Coo~ a sinqle adult ~
St l.ucie
of • County Flwida, hereina(rer des~yna~ed as the "MORTGAGOR," and FIRST FEOERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpwation wgani:ed and existirg under the lawi of the V~~ted Stat~s of Ame~ic~ and having itt principal place of
busi~ess i~ ~M Ciry of Fwt Pierce, St, lucie County, flwida, hcreinafter des~g~a~ed e~ ~F» "MORiGAGEE:'
WHEREAS 1he MORTGAGOR is ju~tly indebted lo ths MORTGAGEE io ehe sum of = 18 ~4~•QO good and lawful money oI the U~~ted
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by e certa~n promisswy note of even date herew~th, of wh;~h the foflowing in
words and fi u~es is a ~rus c lo-wit: '
~ ~ oPY, lOOZO6B2 }
s 18 40~ 00 fon p~erce. Fla~da. ~?rCh 7 ~y 74 t
Fw value reteived, I, we or either of us, prom~se to pay, without defalcatlon, to the order oi FtRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
f ORT PIERCE al Fwt Pierce, Florida, the sum ot : 18 L4O~• - w,th ~nterest from date at the rate of 8~~~ per annum, in monthly instatl-
~nents as follows: S 1S2 • ~0__ on ~he 2Othday of J~e l9_74 and a like sum on the cwrespond~ng day of each month the~e-
atrer until the whole be ful~y paid.
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If deiault is made in the
payment of any ins~ailment when due, and such default continues 30 days, the~ at the option of the hoider, and without any othe~ not~ce, all the remaining
~nstal~me~ts shall be due and payable at o~ce. Privilege is given to prepay this note in whole w i~ part at any time without penatty. Ne+ther (orebearance,
nor acceprance by the hotder thereof after any default in any payments hereon, shall be deemed eatc~sion. A lafe pay~+ent charge of s~• 6O , shall be
~dded to each installment rema~n~ng unpaid 7 days after ils due date, and a like sum shall be added to each such installment remaming unpaid 7 days siter
each succeeding payment date.
Each maker, surety and endorse? here~o~{pintly and severally, waives demand, presentment proteat and notice of protest for nonpayment, and further
agrees to any extension of time of paymenl, either be(ore or after maturity, wit}~out notice to any of us; and to pay all coses of collection, includ:ng a ~
reesonable attoroey's fee in the avent oF any defa~~t hereunder, and hereby severaNy waives afl benefit of homestead and exemption under the conslituleon
~~~d laws of each State of the United 5tates, as ayainst this obligalion w any extension or reoewal hereof.
Witness Ihe hand and seal of each party.
s/Marlin RogeY Cook, a single ad~~
(SEAI)
(SEAII
(SEAt)
~ ~27 • 60 1 $tate Revenue
`s""r'"`..~«~ 18 400. 00
N01IV, THEREPORE, the MORTGAGOR for the purpose of secvring payment of said sum of S ~ and the perfwmance of the
covenants and agreements hereinafter expressed, a~d fw divers good and valuable considerations, by these presents, does grant, bargain, sell, remise,
re!ease, convey and confirm unto the h10RTGAGEE, its successors and assigns, all that ce.tain lot, piece o? parcel of land, situate, lying, and being in the
County of $t• Lucie and State of Flo~ida, deuribed a~ follows:
Lot 6, Block 2, I.AKEWOOD PARK SUBDIVISION UNIT 1, according to the plat thereof
on file in Plat Book 10, Pages 51, S1A, 51B and S1C, Public Records of St. Lucie
County, Rlorida, ~
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~ STATE FL~R!~A. ~
~ •,z DQCUMEhTARY~-~-~STI~MP T!;>".
~ - ~ - - ` 0 IN PAYIaTd(1' t1F 7i~
i c-• ;1F~i c'F i?EYE~UE ' ~
~ i ; ~ _ ,~e = :t.M ~Y1+ ~w~~~`'' " Z ~ 6 ~ i O~IE~~ ~ ~
q~ji-13~.~
a 1971. ~ ~
~ ~ - ; ~ ~ ~ ~ ~ ~ PII~MM~ ~ ~,ER r0i1M.S /
~ q~RK CIRCWt ~~T~ ST. lUC1E d1. F~
~ ~
a
5
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rogether with all and singular the tenements, hereditaments and appurtancea thereu~to belongirg w in anywise appe?taining thereto, and all rents, issues,
~
~ aroceeds and profits accruirg snd to accrue from said premises, all of which are irxluded in the sbove s~d fwegoing description a~d hsbendum.
~ TO HAVE AND TA ItOID the above described and granted prem~xs unto the said MORTGAGEE, its successws snd sssigns forever. And the said
~ MORTGAGOR f~ - h15 he~rs, executws, administratws and sssigns, hercby covensnts with the said MORTGAGEE, its successo?s snd auigru,
= h_e_ ls
" rhat lawfully seized of the sald p?emius in fee simple; thst the same +re free, clear and dixharged irom all liena and Mcum~
% brances in law w in equity, and that he w;ll and h15 hein shall warrant and defend the title to the ssme to the s~id
~ MORTGAGEE, its successors and au~gns, forever against thr lawful claims and demands of alt persons;
= PROVIDED, ALWAYS that if Ihe MORTGAGOR shall pay unto the MORTCaAGEE the promiuwy note hereinbefore dewibed and shall truly, promptly
' and fully perform, d~scharge, execute, comp~ete, comply with and abide by each and every the stipulations, ag%eements, conditiwn snd cwenants of said
_ promisswy note and of this Mortgage, then this Nbrtgage and the Estate hereby ueated shall cease and be null and void.
IT IS UN~ERSTOOD thst the wwd "Mortgagw" whether in the singular or plural anywhere in th7s Mortgsge, shall be singular if one only and
. shall be plural jointly and severally if more than one, and that the wud "their" as used anywhere in this Mortgage shall be taken to mesn "his," "FKn;'
; or "its;' wherever the tonteat so implies w admits. Also, that wherever therc is a reference in the tovenants and sgreements herein contained to any of
rhe parties hereto, the same shall be cor.strued to mean as well as the heirs, legal representative~, successors and assigns (either votuntary by act of the
parties or involu~tary by operation of the law) of the same and that the covenants herein contained shall bind ~nd the ber~efin and advantagd inure
~ ro ~he rospective heirs, legsl representatives, succeswrs and a:rgns of the parties hereto.
And said Mwtqagors, for themselves and their heirs, legal representatives, successna ~nd assgns, hereby joimly and severally covenant and sgree
to snd with the said MORTGAGEE, its successws snd assigns:
" 1. To pay all and singular the principal and interest and the various and sv~dry sums of maxy psyable by virtue of said promissory note, and this
mwtgage, each and every, promptly on the days respetlively the same severally become due.
2. To pay and singular the taxes, assessmentt, levies, Iiabilities, obligations and encumbrances of every nature and kind now oo said desuibed
p~Y propeHy, w that hereaher may be impoted, suffcred, p~xed, levied, or assessed thereon, w that hereafter may be levied a asxued upon this Mwt¢
age, a the indebtedness xcured hereby, each and every, whcn due and payable, accuding to Iaw, before they become delirtqueM, ~nd btfore any interest
j` at~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGEO OF
RECORD AN~ THE ORIGINAL OffIC1At OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
~ OR CERTIF{ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE 1NIiHIN TEN DAYS NEXT AFTER PAYMENT; •nd in the event that a~y thereof is not
~.i paid, sat'sfied and discharged sa:d MORTGAGEE may a~ any time pay the same w any part thereof without waiving or affetling any option, lien, equity p
~~~M under or by virtue of this mortgage and ~he full amount of each and every such payment shall be immediately due and payable and shall bear interest
y~ ~.om the date thereof uMil paid at rate of nine per cen?um pcr annum and together w~th such interes~ shall be,s~ u~~the lien of th:s morgtage.
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