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HomeMy WebLinkAbout1778 ~ . . . . , • , F.ro0 ' • 19th April~8 A.D. 19 74~ ~?W+«+ THIS INDENTURE• M+~. the d~Y ' Gus W. Lennard and ~Ytha B. L~nnaYd, h s wilQ; and St h~ C. lt and lYala . s w ~ ~ of St •~~i~ ~~(~"~MC~~~N`1!~~ 1~~T FE~ERAI SAVINGS AND IOAN , County Florioa. Mrtin~(~K ds~yna~ed R ASSOCIATION OF FORT PIERCE. + cwpaation a~u?i:ed +nd ~xiitinp uodsr tM I~v~n o M1 Unit S pr a~ Mvinp Nt principai plac~ of businns in tM City of Fwt P~rc~. St. luci~ Caioty. Fiqida. htninafitr dstg~ated a~ th~ " RTGAGEE:' ~ f~~~ --_.oeod and IewEu! money of the Un+ted WHEREAS th~ MORTGAGOR is juatly ind~bt~d to tM MORTGAGEE in ths ~um of ~ States adv~nced by the MORTGAGEE unto the MOR7GAGOR, a~ ~vidented by a tertain promiuory rwt~ of w~n date hsrewith, of which tM followiry In words6and Lau.~i s t.w copy. ~o-w~t: 10020815 = 3 , an) - ~ ~ 74 Fort Pierc~. Florida. ApY i 1 19 19 fw vafus received, 1, we or either of us, promise to pay, without defa~tation, to the o~der of FIRST FEDERAI SAYINGS AND LOAN ASSOCIATION OF 36 .~0 ~ with intere t irom date st the rate of 8' 7~ per annum, in monthly insul6 FORT PIERCE a? fort Pierce, Fbrida, the s~m of = ments as fotlows: i2~`~ on the 2~h day of July_ lq 7 +nd a like sum on the correspw?dinq day of'each month therr after until the whole be fully paid. t E+ch installment first sF~all be applied in p+Y^~eM of the interest ~nd then on ~hs unpaid balance of the prindps~ sum. If default is msde in tha r payment of any installmcnt when due, and such defauh cont~nues 30 days, then at the option of the holdea, and wilhout any other notice, all the remaining i ~nsallments shall be due and payable at axs. Privilcge is given to p~epay this note in whole w in p+rt at ~ny time withouf penalty. tJei14 8~ araece, ; • shall be nor ucept~nce by the holdet thereof sfter any dcfavlt in anY paYmenti hereon, shall be deemcd exte++sion. A late paYmeM charge of s ~ added to eac1~ installment remaining unpaid 7 days aft~r i» due date, snd a like sum shall be added to each such installment remaining unpaid 7 daya after i each ivcceeding paYment date. - t Esch make?, :urey and endwser he~eof. la^HY s^d !~verally, wsives demand, presentment protest and notice of ~o ost~f ol~lect;ont, anKd~u~ ; ~ agrees to any extensan of time of payment, either befwe o~ aftN maturity, without notice to any of us; and to pay reasa+sbk attbrney's fee in the evenl of any defau+t he?eunder. ~nd FKreby severally waives all benefit of homestead and exemption under the constitu~ion and Iaws of each Sute of the Uni?ed States, as aga~~st this obligation w any eatension a renewa~ he~eof• Witncu the Mnd snd seal of eath pa?tlt- (s~?U s/Gu~ W. i~,r±nar~ _(~al ) s/St~Phen C. Sa,Ple ts~?q s/Martha B. Lennard (Seal) ~u s/Tzula M. Sasple ~U ~ $ 54 • 00 ~ star~ a.~.~+~e cs..~+rprc+eoel+eseera+q~r+s+-~a+*r 36 000.00 NOW, THEREFORE, th6 MORTGAGOR for the purpose of securing payment of ssid sum of S ~ and the performarue of the covenant: snd ayreemenn her•~nafter expressed, and fa divers good and valuable cons7deratans, by these presents, dxs grant, bargain, sell, rem~se, retease, coovey and confirm unlo the MORTGAGEE, iri iuccesson and suigns, sll that certai~ bt, piece w partel of land, sitwte, lying, and being in the County of St • Lucie eod State of Florida, described as fol~ows: Lots 8 and 9, and the Sast ~.5 feet of vacated alley adjacent on the West, ppg~ PARK, accoiding to the plat thereof as recoYded in Plat Book 10, Page 61, Pub].ic Records of St. Lucie County, Flozida, ` z N STATE ~L.ORIDA ~ s " DOCUMENTARY, .•-~Fy.STAMP ~ I S ~-2+ °O OEPT. 0~ R E£V NUE ` ~ x ~ _ - ~~;~T. - ~ 5 a. a o ~ i N - PB- i ~ = ItIG2 ~ , o ~ ~ ~ ~ v IM PAYMEM OF j1~X~S ~ DUE ON qASS'C INTANGIBLE PEASONAL PROPfRiY. ~ PURSIIANT TO CFIMTFR 11•134. RCTS OF 1971. ~ ~ ROG£° POIT2k; ~ ~~qX ~~Rp11T GYJR(, 5i. LJCR CO., fUl together with all snd singular the teneme~ts, hereditaments u~d sppurtances thereunto belonging w in anywite ~pper?aining therefo, a~d all rents, iuues. ~ pr«eeds and profits xuuing snd to sccrue irom ssid premixs, all of whicfi are included in the +bov~ and foreyang deacriptw^ a^d h+kx^d"'^. ~ TO HAVE AND TO HOID the above described +nd granted p?emises unto•the said MORTGAGEE, its suaessws +~d suigns forever. And the s+id MORiGAGOR for thei! heirs, e:ecufws, sdmi~istrators and a:signs, hereby covenants with the said MORTGAGEE, its successon u+d +ssipro, r„ ~ rhat they are ~~Wfutly seized of the said premises in iee iwnPlr, that the same are free, ckar and discharged from all liero and enturtr brances in Isw w in eqvity, snd thst theY will and t~1elY hein sMll warrant and defend ths titk to the s+ms fo the iaid - MORTGAGEE, its succeuws and auigns, fwever sgairot the lawful claims and demsnds of all pe?wros PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissotY note 1?He~^bef°re described +^d ~h+~~ truly, promptiy and fully perform. d~sch+r9a execute, compkte, complY with and abide by each aod every the stipvlations, sgreeme~ts, conditiua snd covenants of ssid ' promissory note +nd of this Mortgage, then this Mwtgage and the Estste hereby ae+ted shall ce~se ~nd be rn+~~ °nd ro~d• IT IS UNDERSTOOD that the word "lNortgagor" whether in the s~ngula~ or plvral anywhere in this Mwtgspe. ~hall be singulsr if one only snd :hsll be plural jointly snd sever~lly if more than one, and that tFie word heir" as used ~+ywhere in th:a Mongage shall be tsken to mean "his; •••hen " o+ "iri:' wherever tFx co~text so implies w admits. Also, that whereva there is • refererxt in the covenanri and +greements F~erein contained to any of ~ the partip h~reto, the ssme sh+ll be cautrued to mesn es well ~s the Aein, legal representatives, successon and assiyrq <either volunt~ry by act of the = parties or invduntsry by opera~iw+ of the law) of the same and that the covenaots F?srein tontsined shall bind .nd ihe be++efin and advantsges invr~ ~ ro ~he respect;ve he;rs, kgal representatives, tuccessas and au'gns of the parties eto. ~:ur. ~ pnd said Mortgagors, fw the+nselves snd their hein, legsl representatives, successon ~nd auiyns, hereby jantly and severally covenant a syree to and with tM ssid MORTGAGEE, its succc~sas and auigns: 'x 1. To pey all and sing~lar th~ principal and imerest snd the varian end sundry s~ms of ma?eY paY+bls by virtue of said promisswy note, and this mwtgsge, each s~d every, promPtly on ths days respectively the :sme severally bccome due. ~y-y 2. To paY all and sirgular the uxa, assessments, levics, lisbilitie~, obligstions snd encumbrsnces of every nawn arid kir+d now on said desuibed properey, w that ixreafter may be imposed, wffered, plxed, levied, or as+essed thereon, or tMt heresfter may be levied a asseued upon tha Mortp- ~ '~~-T age, a Ihe indebtcdneu secured 1~ereby, sxh and every, when dve and psyable. +scording to law, before they become dalirsquenf, and befwe ~ny interest ,a artaches or ~ny p~~alty is incu.red; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHALL BE PROMPTLY SAi15FIED AND DISCHARGED ; RECOfED AND THE ORIGINAt OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIP7 OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED , x:-~ ;~~i OR CERTIFIED) SNAIL BE PLACED IN THE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not paid, ssYsfied and diuhsrged sa:d MORTGAGEE msy at any time psY the same w any parl thereof withovt w+iving or +ffediny snY optron, lien, equity ot ~ .~qht under or by vi~tue of this mortgsge snd the futl nmoum of each and every iuch p~ymeM shall be inwnediately due snd p+yable and shall bear interest E= ~.om the date thereof until pald at r~te of nine per centum per annum •nd together wi1 s h' t e sh~ll be secured by the lien of th's mor9tayt• eoo ~~1777 ~ _ - - - _ _ ~ ~ _ - _ _ ;