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HomeMy WebLinkAbout2693 ~ViV 1MlS lNDENTURE, Mad~ tM 8th d~y of '~1aICf1 A.D. 19 74 betwcen Ro ert . ar an , aureen . ar , s.w e of $t • I•uC e County Flwida, hereinaiter deignated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN AS$pCIAT10N OF fORT PIERCE, ~ corporation oryani:ed and exi:ting undM the law~ of ths Un~ted Sfat~t of Americ~ ~nd Mvinp its printipal plsce of businesi in th~ City of Fort Pierc~, St. lucis Counry, Fiorida, hereinaf~er designa?ed as ths "MORTGAGEE:' WNEREAS the MORTGAGOR is justlq indebted to ths MORTGAGEE in the sum of = 23 t~2~ good end lawfvl mw~ey o( the Un:ted ~ States advanced by fhs MORiGAGEE unto the MORTCaAGOR, as evidenced by a certain promissoiy note o! even dste herewith, of which the tollowin~ ln ` : 0~23 ,'LQ~u:e~ is a trw copY, to-wit: ` ~ l~OZ0690 ~ W } Fort Pierce. ilorida. ~ta zch 8 ~y_ 74 ~ Fw value received, 1, we or either of us, promise to pay, without defalcatfon, to ~he order of FIRS~ FEDERAL SAVtNGS AtYD LOAN ASSOCIATlON OF FORT PIERCE at Fort Pierce, Florida, ~he svm of s 23L~•~ w]th ~nterest (rom date ar the rate of 8•75,6 per annum, in monthly install- menrs as foi:ows: S 19~ _ on the ZOLh day of `~une , 19 74 and a like sum on the tarespond~ng d~y of each month there- after until the whole be fully paid. ' Each insrallment fint shall be applied in payment of ~he interest and then on the unpaid balance of the {uinc~pal sum. If default is made in the ~ayment of any instaltmem when due, and such default continues 30 days, the~ at the option oF rhe holder, and witFwut sny other notice, a!S the remain~ng ~ns~allments shal! be due and payable at once. P~ivilege is given to prepay this note in-whole or in pan st e~y t~me without penalty. Nei~het forebearante. na acteptance by the holde? thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 9' 55 shall be added to each i~stallment remaini~g unpa~d 7 days after its due da1e, and a like sum shall be added to each such insraNment temaining unpaid 7 days aflet each succeeding payment dare. Eath maker, surety and endorse~ hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and furlher a9rees to any e:tension of time of payment, either before or after maturity, without not~ce to any of us; and to pay ali costs of collection, includ;ng s reasonable attorney's fee in the evenl oF any defaul? hereunder, and hereby sevaally waives all benefit of homestead and exemption under the tonstitutan - and laws of each 5tate of the United States, as against this obligation or any e~tenaion or renewsl hereof. i Witness the hand and seal of each party. ~ai~ s Robert C. Clark ~~A~~ (SEAL) $34.80 s// 'Qaureeri C. Clark ( ? State Revenue (L~~wp? ~aw~eNed -ow owgw~s/-no~e) NOW, tHEREfORE, the MORTGAGpR for the purpo:e of securing paymenf of said sum af = 23 ~ 200 snd the performance of the covenants a~d agreements herelnafter expressed, and fw d~~ers good and valuable conside.atio~~, by these presents, does grant, bargain, sell, remise, re~ease, convey nd confirm ynto the MORTGAGEE, its successors and auigns, alt that certain lot, piece or ptrce! of 1and, situate, (yir~g, and being in the County of ~L . Lue1 e snd State of Florida, deauibed ai follows: Lot 8, Blook 52, LAKEWOOD PARK UNIT NO. 5, as per plat thereof on file in Plat Book 11, pa _qe 5, o ~ the public records of St. Luc ie ~ County, Florida ~ ~ . " STATE r ~'LOR~~~~.t DOCtJMENTARY~-;. STAN P m UEPT. fii RfYENUE :s::r-~-~.~:----___!a Y~ ~ z~' N- ' 3 4. 8 0 ~ _ ~ = ea. ~ 1 tl ° - ~ ~ ~ °2 ` ~ RECEIVEfl tN PAYMEM Of T6XES , I ouE oN a~ss ~~ra,~~e~ v~u w~n~ , ~ PuRSU~trr m eNa~ n.i~t, ACIS Of 1911. ~ IpGER POTTRAS ~~i~/ i Ct~R1I CaRCWt OOUfi1~ ST. IIICIE JO.. FIJ. ~ ~ f t ether with all and si ular the tenements, hereditaments snd a rtances thereunto bel ~ a in an ~ ag ~+g Ppu ong'ng ywise appertaining thereto, and all rents, iuuts, proceeds and profits accruing and to accrue from said premius, all of which are irxluded in tha above and foregoiny dewiption snd habendum. ~ TO HAVE AND TO HOID the above desuibed and granted premises unto the said MORTGAGEE, its s~rccesson a~d auigns forever. And ti~s said MORTGAGOR fw ---~h~~=---- heire, executo~s, administrators and assigns, hereby covenants with the s~id MORTGAGEE, its sutteuors rnd assipns, I ~ha~ the~a Z~awfully xized of the said premises in fee iimple; that the ssme aro free, ctear ~nd discharged from all lient and encurt? ' brances in law or in equ~ty, and that thQy ryill and their heirs shall warrant and defend the title to the s~me to the ssid M,ORTGAGEE, in successors and assigns, forever against the lawful ctaims and demands of sll perswq; ; PROVIDEO, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dest?ibed and shall t~uly, prom tl P Y and fully pe~foim, d+'xharge, execute, complete, compfy with and abide by each and every the stipulatans, agreements, conditio~s and tovenants of s+id promiuory note and of this N4ortgage, then this Mortgage and the Estate hereby created shall ceese and be null ~nd void. ~ IT IS UNDERSTO00 that the word "Mortgagoi' whether in the singular w plurol anywF?ere in this ARatgage, shall be sinyular if ona only snd ; shsll be plural jointly and severally if more than one, and that the wwd "their" as used snywhere in this Mortga~e thall be tsken to meart "his;"'hen;' o? "its;' wherever the context so implies or admits. Also, that wherever there is ~ refere~ce in the tovenants and agreements herein cw?tained to any o~ the parties heroto, the ssme shall be cw~strved fo mesn as wel! es fhe hein, legal repreuntatives, successors and au~gns (either voluntary by M of 1hj~~r7J ~ parties or involuntary by operstan of the Isw) of the ssme and that the covenants herein contained shall bind and the benefits and advantsges inur~ ~ to tF~e reipMive hein, legal representatives, successors and ass~gns of the parties hereto. ' And said Mortgagws, fw themselves and their i+ein, (egat representatives, successors ~nd assig+es, hereby joiMly snd uverally covenant and ayree ~ to and with the said MORTGAGEE, its successors and sssigns: ~ ~ 1. ?o pay all and singular the p~incipal and interest and the various and sundry sums of mo~ey payable by vi~tue of said promisswy note, +nd this~ ~ mortgsge, esch snd every, prompNy on the days respectively the ssme severafly become due. ° 2. To psy alt and •ingular the taxes, assessrrKnn, tevies, tiabii~ties, obligations and encumbiancei of evtry natu~e ind kind now on :sid described~ j property, or that Fureafter may be imposed, suffered. Pl~ced, levied, w sssessed thereon, w that hereafter may be levied a sssessed ~pon this Mort9-~ age, a ~he indebtednesa ucured hercby, each snd every, when dve and payabte, according to law, before they bccort~e delinquent, and befwe any i~terett:~ ~ _ f at~aches or any penalty is i~cvrred; AND INSOFAR A5 ANY IHEREOF IS OF RKORD TNE SAME SHAII BE PROMFTIY SATISFIED ANO DISCHARGED OF"~ ~ RECORD AND THE ORIGIKAL OFFIGIAL DOCUMENi (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER pFFIC1AllY ENpORSED~ ~ `t OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAtO MORTGAGEE WI?HIN TEN DAYS MEXi AfTER PAYMFNi; and in fhe event that any thereof is not ! paid, sat'sfied and discharged sa:d NtORTGAGEE may at anjr time pay the same or any psrt thereof without wsiving or affecting any option, lien, eq~ity q •~~ht under or by virt~e oi this mortgage and the full amount of each and every such payrr.ent snsll be immedia~ely d~e and payable ~nd shall besr i~terest ~.om the date thereof until paid at rate of nine per centum per annu.m and together with such interest shall be secured by the lien o4 th:s morgtaye. ' ~ : - ; _ _ - ~y ..r ~ ' = `~;z: ~ ~ .y~~# ~ ~ : ~ .se . : . , x . ~^:e.~ ~ ~ ~ ~ 9 ' ~ , r'.~ ~i ..w.;.;. . . ' o- " .