HomeMy WebLinkAbout1555 ~ ' ' ' ' ~
' ~ ~ . ~th titarch A[1. 1974 ~.rW~
~ THIS INDENTUltE. Mad~ tl~s day of
Roland ~'aillant and Ruth v~illant. his wife and -
Charles A. ~1cCorts and Jacolvn ~IcCorts his Nife _
of $t• ~.uCie Cow?ty Florida, Mreinaita dsigr?~t~ ~s ~M "MORTGAGOR," and fIRST FEDERAI SAV'NGS AND IOAN
A55pC1AT10N Of FORi PIERCE, a corpaation ayani:ed ~nd ex~itiny unde~ ~M I~ws of tM Un~t~d Sta~N of Am~riu ~rn! h+winp iq principal pl~c~ of
busin~s~ in tM City of FoA PiKC~. St. luci~ Counry. Florida, he~~inaftt~ desi~oa~ed as tM "MORiGA6EE:' ~
WHEREAS th~ MORTGAGOR is jwtly ind~b~ed fo th~ MORTGAGEE in tM sum of : 34 ~~0 . pood and lawf~l money of ~he Uniled
Sfaqs advanced by the MORTGAGEE umo the MORTGAGOR, as evidenced by a certain promiswry note of even dat~ her~w~~h, of wldch ths fdlowinp in
wo~d~ aod f' urts is a trw copY. to-wit: ~,y~ jQQ20G81
= 34,~.00 -
~ P~.~u. Fio.~d~. Harch 7. ~9 74
Fw value received, 1, ws o~ ei~he~ of ui, prwnfsg~;
_Y~_wr'.~t defalcat~on, to the order of FIRST FEDERAI SAVINGr~S AND LOAN ASSOCIATION OF
fORT PIERCE at Fort Pieres, florida, the sum of ~ '3 U(X) w;th interes~ from date at the ~ate of 8' 7'% pe? anr~um, in moMhly install-
rr~ents u tollows: S 280.00 0~ the 2~h d+Y uf June , 19 7'4 and + like sum on the correspond~np day of exh month tFKrr
after until the whole be fulty paid.
Exh ini~allment firit shall be ~pplied in payment of the intercst and ~hen on the u~paid balsnce of the prindpal wm. If default is made in the
payment of any installment when dus, and such dcfault conti~ues 30 days, the~ st the optan of the holder, snd witlwut ~ny other eatice, all the remaininq
~nstsllma?b sh~ll be due a~d payable at once. Privile~e ii piven to prepay this nole in whole ot in psrt at ~ny time without penalfy. Neither forebea~ance,
nor acceptu?ce by the hotder thereof after ~ny default i~ anY paYments hereen, shall be dccmed ex~ension. A Iate p+yrnent clWrge of Z 14 shall be
added to each i~stallment remaining unpaid 7 days afte~ iri due date, and a like sum shall be added to each s~rch installment remaining unpaid 7 days after
each suttecding paYment da~e.
Each msker, surety and endorser hereof, jointly and severally, waives demarxl, p?esentment protat and notice of prote:t fw na+paYmenL u+d furthet
agrees to any extensa~ of t~me of pay~+xnt, eithcr before o? sfter maturify, without norice to sny of us; and to pay all costs of collectio~, includ~ng a
reasonable attwney i fee in the event ot any default hercu~+cller, and hereby seve~ally waivea sll be~efit of homestead and exen+ption under 1he constitutan
and I~ws of each State of tFa United Sutes, as aga~nst this obli9stiw+ or any exteniion or renewsl hereof-
Witness tFa ha~d and seal of esch party. g~ Roland Vaillant
(SEAI)
s/ Ruth Vaillant ~~Aq
s/ Charles A. '~1cCorts ~
s/ Jacolvn 'tcCorts ' ~w~I
~ 51.00 t Stste Revenue
~6„~np, tw~Med-a~ ~~rno~e) 34 , 000 . 00 `
NOW, THEREfORE, the MORTGAGOR for the pu?pox of seturing payment of uid wm of i , and the perfwmance of ths .
covenants and ayreements hereinafter expreued, a~d for divers good a~d valuable conside~ations, by these presents, does grent, barq~in, sctl, remise,
relrase, ca?vey ~~d confirm ,~rrsto 1F+e MORTGAGEE, its s~ccesaors and auigns, all that certain bt, piece or pucel ot I+nd, situate, lyinq, snd beinp in ti~e
County of St. Lueie ~od State of Florids, dewibed ~i tollows: '
1
Lot 1, Block 111, LAKFWOOD PARK, UNI? NO. 9, as per plat thereof on
file in Plat Eook 11, page 27 of the public zecords of St. Lucie
County, '=lorida ~ ~ ~
~
~'l ~ o T
M~ E o~ ~Lr-~Rt~'q ) -
~ e ~'``O°t vENUR~;'-~.~;':~ST~+/KP i1`~
r.e _ ~'H . ~ ~ ~ - i
o=~~~~~ = 5 1. 0 0~
j B b
f RECfitYE11
/ IN PtiVM1~NT Cf TI~X~
. Dlfc ON CIASS 'C' INTAf~iGi6LE PfRSONrtL PW,;Y:..4:'i~ ~
PU'tG.'%,iy; i~1 i~.J~FiE~i 7!-t3~. At'T$ GF 1::1.Jj~!
~ ,e.= : . :t : l~~~
R'i . tii: S(. 1 JG~i u., 1r~
togetFKr with all and singulu the tenements, hereditammn ~nd appvrtarxes thereunto belo~giny w in snywise ~ppertsininy theteto, u+d all rents, iuues, a
prxeeds snd profits xcruing and to acuue from said ptemises, all of wFiKh are intluded in the abov~ s~d foregoitg descripYwn and habendum.
TO HAVE AND TO 110LD the above described and granted premises ~nto the said MORTGAGEE, its svccesson u+d assiyns fore~K• Md s+~ ;
MORTGA~p R for thel= he;n, executws, sdministraton and auigns, i+ereby covenants with tF?e uid MORTGAGEE, i» waessws +nd ~sti~u. ~
ehat they a re ~awfully u~zed of the said p?e+n~ses in fee simplr, tFut the s+me ue free, clear a+d discharged from all I'~e~a and e~ t
brances in Isw or in equity, a~d ~haf they will and their ~~n s~p w~rrant ~nd defend the titk to the same to ths s+id
MORTGAGEE, its successan and augns, forever against the lawful cle'uns and demandf of all persau;
PROVIDED, ALWAYS tFut if the MORTGAGOR shsll p~y unto the MORTGAGEE the promiswrY note he~e~^befo?~ descr'bed ~^d s~~~ t~+~ri P~Of^Ptly
~ and fully perfwm, dischuge, execute. tompkte, tomply with and ab~de by esch u?d every the stipulstions, aq~eements, conditioro artd covenanri of s+id
~ prom~ssory note and of this Mortgage. then this Mortgage snd the Estate hereby aested shall uase and be null +nd void•
µ IT IS UNDERSTOOD that the word "Mortga9w" whether in the s~ngular w ptwal snywhere in this Mortysye, shall be singulu if one only ~nd
~ shall be plural jointly ~nd severdly if more than one, snd that the wwd "their" as used ~nywher~ U+ this Mwtg+ge ihall be taken to meae ••his,•• •,hen; •
or "its;' wherever the context so implies or admits. Also, that wherever there is s refaence in ~he covenann and apreernenn herein conrained ro any o !
~ ~he panies hereto, the same shsll be cwatrued to mesn ss well ss the heirs, legsl represenutivd, successon +r+d +ssiyns (either volumsry by ad of t d i
panies or invotunary by operation of the law) of the same snd that the covenann herei~ contsined shsll bind and the benefits snd ~dwnts~ts inw ~ ~
ro the respedive heus, kgal representativa, succeuors and au°gr+s of the psrties hereto.
/?nd said Mortgsgo~s, for thcroselves ar+d their heirs, legal representatires, waesson and auigns, hereby jointly snd sevaslly coven~nt ~nd ayr
to snd with tl+e s+id MORTGAGEE, its succtswrs and +uigns:
' 1. To pay all and tinyular the p~incipal ~r+d interest ~nd tlro vario~s and sundry sums of money payable by virtue of said promisaory note, and tius ~
mortgs9e, eacF~ ~nd every, promptly on the days respectively the same severally become due.
Z. To pay sll ~nd si~gulsr the tsxes, assessmenb, levies. IGabilities, obligstions snd encumbrances of every nsture and kind now on s+id deacribed
property, or tMt here+fter may bt im~wted, iuffered. Pl+ced. ~evied, a ~uessed thereon, a th+t hereafte? may b~ levied or ~ssessed ~pon this Mo?tp'
age, or the indebtedrxss secured F~ereby, each and every, when due and payabk. ~ccord'+ny to law, befwe they become delinque~t, and befw~ arryr interat
i er
= attaches o~ any penalry is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SNAII BE PROMPTLY SATlSf1ED AND DISCHARGED OF
RECORD AND THE ORIGINAI OFfICIAI OOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENOORSED ~
OR CERTIFIED) SHAIL BE PLACEO IN TNE HANDS OF SAID JNORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
paid, sst'sfied snd discharged sa:d MOR7GAGEE may st any time pay the sarne o? any psrt thereof withovt wsiving or affecti~g sny optan, lien, equity or `
•~aht under or by virtue of this mortgage and the full amount ot eacF~ a~d every such payment shall be immediately due and psyable snd shall bear interest i
~.om the date thereof until psid d rate of nine per tentum per snnum and together with such interest shall be secured by the lien of th:s mugts9e.
~
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