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HomeMy WebLinkAbout2148 2$Q~13 ~ . . A ril ~ A.D. 19 ~a ~~N~~~ THIS INDENTURE, Made the- 2~r~ day of _ p Robert W. ~'lark and Dc~rothy Cla rk, his wife_ of St . I-1lC le ~punty fbrid~, here~naher desynated as the "MORiGAGOR," and fIRST fEDFRAI SAVINGS AND IOAN ASSOCIATION OF FORT V~ERCE, • corporot[on orpan~zed and ex~sring unde~ ths laws of ~hs United St~tas of P.nerica and having as prinupal place of business i~ the City of Fort Pieres, St. lucie Gounty, Florida, he~einaftar deiig~ ~hs " 0~1CsAGEE:' ~4's ~ ~ , ood and lawf~l mo~ey of the U~~~cd WMEREAS the MORTGAGOR is jusdy indebted to the MORTGAGEE in the sum'of S- ~ 9 Siates advanced by the M.ORiGAGEE ur,~o the MORTGAGOR, as ev~Jenced by a certain promissory noie of even date herew~/h, of vrh'sh the foilowt~,g io ,rords and f~gures is a trua copy, io•wit: ~ No 1~02~821 s 34.000.00 ~ An?"11 2~- 19 74 Fort P,ierte, Florida, fw value received, 1, we or either of.us, prom~se to pay, without defalca~~on, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSO~IATION OF iQRT PIERCE at For1 Pierce, Fbrida, the sum of i__34s~0,~~ w;th ~n~erest from date at the rate of 8!?So per annum, i~ monthly ins~all- ,~ents as iol!ows: S28O•~~ on the 2OLf1 day of Auf~USt . 19 74 and a like sum on the correspond~ng day of each moroh there- a.'ter until the whole be fully paid. Each insrallment first shall be appl~ed in pay~nent of the interest and then on the unpa~d balance of the princ'pai sum. If defau!t is made in the ; oyment of any insfallment when due, and such default continues 30 days, then at the optien of the holder, and vvithout any other notice, aIl the rema~mng ~~~stallments shail be due and payable at once. Privilege is g~ven ro prepay this note in whole or in part at any time without penatty. NeitFw_r forebea+ance, ner acceptance by the ho~der thereof after any default in any payments he~con, shall be deemed extension. A late payment charge of S-1'-a shall be ,uded to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each wch instaflmem remain~ng unpa~d 7 dape after e 3ch succeeding payment date. Each maker, surety and ende~ser hereof, jointly and severally, waives demand, p:esentnwnt protest and notice of pro?est for nonpayment, and further agrees to any extension of ti~ne of payme~t, either before o~ aFter maturity, without not~ce to any of us; and to pay all costs of co~lecrion, inc:ud:ng a ~:~~sonable attorney`s fee in fhe event oi any defau~t hereunder, and hereby aereratly wa~ves all benefit of homesread and exemption under the constitution .~J laws of each $tate of the United States, as against this obGgation w any eatension or renewal hereof. W~tness the hand and seal of each party. (SEAI) s/ Fobert W Cla rk csea~) (SEAI) . s/ Dorothv Clark ~s~~ S1 . 00 1 State Revenve ) ~ 34 and the rformance of the NO'~N, THEREFORE, the MORTGAGOR for the pu~pose of secu~ing payment of said sum of S ~ covenants and agreements he~einafter exFressed, and fw divers good and va~uable considerations, by these presents, does g~ant, bargain, se11, rern~se, re;ease, convey and confirm unto the N~ORTGAGEE, its succeswrs and assigns, all that certain lot, piece ot parcel of land, situate, lying, and be~ng in the Ccunty of St • Luc le and State of florida, desuibed as foilows: ~Ping a parcpl of lard lying in I.ot 93 of Plat of White City Subc~ivision, according to the plat thereof filed ir. Plat Rook 1, paqe 23, of the Public ~'PCOrc~s of St. Lucie Couiity, FZA~ ie~a, the bourda~y of saic~ parcc~l beinc~ more *~articularly c~escribed ard boune?e~! as follows2 FTOtif thP "ort~east corner ~f said T.ot 93; run west along the north line thereof 451.68 feet to t~~e point o~ be- ninning; thpnce continue wpst alona t e sa:ne line 210 feet to a point 3.34 feet ~ast of the northwest corner of said Lot 93; thence run south anct parallel with t thP west lir.e of I_ot 92, a distancP of 625.34 feet more o~~ less, to a point on thP north rioht of way line of ~tidway Road; thencp run east along sa id right of way ` line 25 feet; thence north on a line parallel ~vitF: the ~?est linP of saic~ Lot 92 y ~ distance of 251feet; thence east on a line parallel aith the right of way line ~ of ~ti~iway Road a distance of 185 feet; thence north on a line parallel ~vith the west ~ line of sa ic~ Lot 92 a distance of 37b.66 feet more or less to thP point of beainnirg.? $ ~ ~ Y F ~ . . . . , . . . . • . _ _ " = v. S TAT E~~" F t_ O R I~~'~. i r~c~vm . o ~ ~ " DOCUMENTAfiY<<~=:~~T:.Mc• -;,i ~ DUEON ~iii+AY+dtM;rr ~At:~ ~ . - CUSS'C INTANGIBLE PF.Rc[~~~ti . C A, _ PRf~rE TY ~ cj~7i ~~F HEYEY:lE,_:;~ `i',. ' PU4S11AIVT TO CY1P'cn • R, a v~ A'r~;2o'74 ` .i..~3, i ~ ~ J ~ Q ~ c: : ' ~'F i4.: ~i ~ ~ `c' N = i~8. - ~ CLE ~Y C`:'CJii ~ ~ - . a.. l: t, ~ ~ ~ - - ~ ~ ~ rogether w7th all and si~gular the tenements, hereditaments a~d appurtances thereunto belonging a in anywise sppertaining thereto, and all rems, issues, proceeds and profits accruing and to acc?ue from said premises, all of which are included in the above and foregoing deuription and habendum_ TO HAVE AND TO HOID the above descr~bed and granted prem~ses unto the uid MORTGAGEE, its successors and assigns forever. And the taid MORTGAGOR for ho 1 t_____ ~;rs, executors, administrato~s and assigns, 1~ereby covenants with the said MORTGAGEE, ita succesaws and sssgn~, Y= r~~P..~~Z@------ lawfully seized of the said prem~ses in fee simple; that the same are free, dear and diuharged from sll fiens ~nd encum- ~ brances in law or in equiry, and that__ heirs shall warrant and defend the tiNe to the ssme to the said ~ thel' w;Il and thPi7 !.10RTGAGEE, its successors and ass~gns, forever against the lawfu~ claims and demands of sll persons; - PROVIUED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the p~an~ssory note hereinbefwe_desuiixd and shall truly, promptly and fully perform, discharge, exetute, comp~ete, comp~y with and abide by each and every the stipulations, agreements, conditio~s and covenants of said = promisswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be nutl and void. IT IS UNDERSTOOD that the word "Mortgaga" whether in the singular or plural anywhere in this Mw~gage, shall be singular if one only and l-'~' shall be p~ural joinNy and severally if rtwre than one, and lhat th.e wwd "their" as used anywhere i~ this Mortgsge shall be taken to mean "his;' "hers," Ob ~ F or "its;' wherever the context so implies or admits. Also, that wherever thero is a reference in the covenants and agrcements herein contained to any of ~ - fhe parties he?eto, the same shatl be const?ued to mean as well as the heirs, legal representatives, svtcessors and assi9ns (either votuntary by sct of the parties or involuNary by operation of the law) of the same a~d that the covenants herein contained shall bind and the benefits and advantages inure ~ _.z ro the respective heirs, legal representatives, succeswrs and ass~gns of the parties here?o. %`~3 And said Mortgagors,'for themselves and their heirs, legal represenrarives, successors and assigns, nereby joiotly and severally covenaM and agree ~ ro and with the said MORTGAGEE, its successors and assigns: `F; ; 1. To pay all and si~gular tlx principal and interesr and the various and aundry sums of money payable by virtue of said promissory note, and this ~ mortgage, each and every, p~omp~~Y on the days respectively the same severaity become due. = 2. To pay all and •ingolar tFro tsxes, assessments, levies, liabilit'es, ob~igatioos and encumbrarxes of every nature and kind now on said dexribed ~ ed o? aasessed upon this Mort ~s' properiy, or that hereafter may be imposed, suffered, placed, levied, w assessed tFxreon, w that F~eteaffer may be levi 9- age, a tfie indebtedness secured hereby, each a~d every, when due and psyable, xcording to law, before they become delir.queM, snd before any interest Ar~~ attaches w any pe~alty is intvrred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFtEU AND DI$CHARGED OF ~ K;s;{ kECORD AND THE ORIGINAI OFFICIAI OOCUMENT ~SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSfO OR CERTIfIED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tF~e event that any thereof is not paid, sat sfied and d~scharged sa'd MORTGAGEE may at any t~me pay ~he same or any part thereof withou! waiving or affecting any option, lien, equ~ty or V'"' •~qht ~nder w by virtue of this mo~tgage and the full amount of each and every wch payment shall be immediately due and payable and shall bear interest ; k-rz ~rom the date thereof until pa:d at rate of n~ne per cent~m per annum a~d together with svch interest ihall be secvred by the lien of th's mwgtage. ~ ~r ~ ' > b~`~ - 1~` ;-~N ~ _ : .~t ~ ~ _ _ . . _ . , - -