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HomeMy WebLinkAbout2505 ti • vvv ~ TNIS INOENTURE. M4d~ ~he_ llth day of `1a rch q,p, ~q 74 , between Jay A. Sample and Frances R. Sample. his wife ar~d _ Stec~hen C. Sa?nnle and Trula W. Saa~~1Q. his wife - oF ~t. Lucie ~~~~ry Florid~, hereinaite~ desg~a~ed as the "INORTGAGOR." snd FIRST FEUERAI SAVINGS AND IOAN ASSOCIATiON OF FORT PIERGE, • corporation a9~ni:ed and ex~sting undrr ~hs laws of the Un~ted Statas of America and having its principal place of busintu in ths City of fwt Pie~te, SI. lutie County, Flaida, Ixreinatter designated ss ~M "MORTGAGEE:' WHEREAS the MORTGAGOR is j~stly indebted to ths 11~ORTGAGEE in the sum of S 4O good aed Iawful money of ~he Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~a~n promnswy note of even da~e herew~th, of wh~ch the ioilowinQ in words and figures is a trw copy, ~o-wit: s 40, 000.00 r,~, 10020692 Fwt Picrc~, Florid~, ~ta rch 11. _~q_74 Fw value received, I, we o~ ei~her of us, prom~se to pay, withoul defalcatcon, to ihe orde. of FIRST FEDERAL SAVINGS ANp LOAN ASSOCIATSON OF iORT PIERCE at Fort Pierce, Flwida, the sum of s 40~~~•~~--- w,rh intere~l (rom date at ~he rate of $'7~~o per annum, ?n monthly install- ~nents as fol!ows: 5-329 • a+ the Z~t~ay of June ~q 74 and a tike sum on the correspond:ng day of each month there- after until ~he whule be (ully paid. Each install~rent first shall be appl~acl in psyment of the interea? and ~he~ o~ the unpaid balance o( the princ~pal sum_ If default ia made in the Hay~nent of any imtallment when due, and such default cominues 30 days, then at the option of the hoider, and without any osner notice, all the remaining ~nstallments shall be d~e and payable at once. Privilege is given to prepay this note in whole or in part at sny t~me without penalty. Neither forebea~ance, ~o~ acceptance by the holder thereof af~er any deFauit in any payments hereon, shall be daemed extension. A late payment charge of S 16 ~ 45, shall be added to each instaliment re~naining unpaid 7 days after its due date, and a like sum shall be addrd to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endaser hereof, jointly and severally, waives demand, presentment protest and notice of prote~t for nonpayment, and further agrees fo any exte~s+o~ of time of paymenl, either before or after matur~ty, w~thout not~ce to any of us; artd to pay all costs of collectio~, includ,ng a reasonable attwney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State oi the United States, as against this obligation or any eatensian w renewal hereof. Witness tt~e hand and seal of each party. S .Ja A. Sam le (SEAI) s Frances F. Sa~ple (SEAI) s/ St e~hen C. Sa~a~ 1 e (SEAI) s/ Trula H. Sasple ~s~~) ~ 60. 00 ) State Revcnve -iStarap? san~eYed-ow ~wgirr{-wok} NOVU. THEREFORE, the MORTGA~'~OR fw the purpose of securing payment of said sum of S 4fl~ ~ and the performence of 1he covenants and agreements hereinafter e:pressed, and for divers good and valuable considerations, by these presents, dces granl, bargain, sell, remise, . release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piete or parcel of land, situate, lying, and being in the County of St. LuCie and Stats of Fbrids, desu7bed a~ fotlows: ~ Lot 30, RIVER OAK ESTATES, as per plat thereof on file in Plat Book 16, page S, of the public records of St. Lucie County, Florida ~ . ,n STA~E ~ _ . ~ i i ~ ~OCJ!NEN?ART.~: . ~'-~R! ~ ~ I l i,_ Ci( p± 51 M _ WEVENL~E ..'.'~t~~~ ~ M r •'!t X I rn N ~ ...t. ~ ij ` , • 6 ~ IJL•~2 Y ~ M O• 0 V' ; ~ O aa ~N w?v~fxr 7w;s ~ ot~ ~ arus ~c ~aTaNSis~ e~R~ w~eartN. u a,~ts~wrr ro c~TEe n-i~, ncrs oF i~i~~ ~ ~ (~E8 POT?RAS ~ A1R1( CIRCWT C01lfiT, ST. ttlClE 00, tV. ~ ~ ~ ~ ~ fogether with all and :ingular the tenements, hereditamtnts and appurtances thereunto belonging or in anywise sppe~taining thereto, and all rrnts, issues, proceeds and prof~ts accruing and to accrue from said prem7ses, all of which are i~cluded in the above and foregoing description and habendum. ~ TO HAVE AND TO NOLD the above described and granted premises unto the said MORTGAGEE, its successors and a~signs forever. And the said ~ t ~iQl Z ~ MORTGAGOR for ~~~s, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its s~tcessors and auigro, ~ ,ha~ ~-they_a re ~awfu:ly se~zed of the uid premises in fee simple; that the same are free, clear snd discharged from all Iiens and encvm- ~ brarxes in law or in equity, and that they y,~~~ a~ their heirs shall warrant and defend the title to the ssme to the said MORTGAGEE, iti successors and assigns, forever against the lawful claims and demands of all persons; ~ ~ PROVIDED, ALWAYS fhat if the MORTGAGOR shall pay unto the MORTGAGEE the p~anissory rat~ herei~befwe desuibed snd s1?+11 truly, promptly and fully perform, d~xlwrge, e:ecufe, complete, comp~y ~rv~~h end ablde by each and eve~y the stipulations, agreements, conditions snd covenanti of said ' promissory note stid of this Mortgage, then this Mortgage and the Estate hereby created sha~l cesse and be null and vo~d. IT IS UNDER5T00~ that tFro word "Mortgsgor" whNher in the singular w plural a~ywhere in this Mortgsge, shall be singular if one on~Y and snall be plural jointly ~nd aeverally if more than or+e, and that the wwd "thrir" as uscd anywhere in this Mortgage sF~all be taken to mean "his;' "hen," or "its;' wherever the conte:~ so implies a admits. Also, that wherever there is s reference in the covenants and agreements herein contained to sny of '."=i the parties hercto, the same shall be construed to mean as well as the heirs, kgal ~epresentatives, successors and assigns (either vofuntary by ad of the parties or involuatary by operation of the law) of the ume and that the covenants Fxrein contairted shall bind and the benefils and advantages inure ~ ro the r~spective heirs, legal re{xesentatives, successors and asrgns of the parties hereto. V'`~` And said Mortgagors, for thtmselves and their heirs, legal representatives, successors and suigro, hereby jointly ~nd severally covensnt and agree = ~o and with the said MORiGAGEE, its successas and assi9ns: 1. To psy all and singular the principal and interest and the various and sundry sums of money pay~ble by virtue of said promissory note, and this mortgsge, exh snd every, promptlY on the days respect~vely tbe same uverally become due. Y~ 2. To pay sll and tingular the Hxes, sssessmenb, levies, I~abil~ties, obligations a~d encumbrances of every nature and kind now on said desuibed property, w that hereafter may be imposed, suffered, plxed, levied, er assessed thereon, w thst hereafter may be levied w assessed vpon this Nbrtg- age, or the indebtedness secured hereby, each and every, when due and payable, xcording to Isw, before they become dcli~quent, and before a~y interest arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGEU OF RECORD AND iHE ORIGINAL OFFICIAI DOCUMENT ISUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOORSED OR CER7IFIED) SHALL BE PLACE~ M THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not Y° paid, sat"sfied and discharged sa~d MORiGAGEE may at any time pay the same w any part thereof without waiving or affecting any option, lien, equity w ~ •~qht under u by virtue of this mortgage and the fuli amount of each and every such payment shall be immedietely due and payable and shall bear interest j.om the date thereo( until paid at rate of n~ne per centum per annum and togNher w~th s~ch interest shall be sbclir e lien s tage. - . z~~ F~~~t~~ ~ ~ . _ ~ ~ . 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