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HomeMy WebLinkAbout2688 ~ . ~t3O9~V THIS INDENTURE, Mad~ the ~th day ot , April • - A.D. 19 74 be~wcen ~ ~ Julius White Jr. and Bessi~/White, h s w f~ of S~• Ll1C~~ , County Fbrida. F~flfiMfiN dtig~++t s 1 "11~IORTGAGOR;' +nd fIRST FEDERAt SAVINGS AhD IOAN ASSOCIATION Of FORT PIERCE, a cwpwNion orp~niz~d +nd exis~in9 ~~der tM ~of ~M Unitrtl ~~~iN of Amtrica ~nd Mvinp ib prir+cipal placs of busin~ss in ~M City of Fort PiNC~. St. luci~ County,.Florid~. Mreu~afta d~~~pn+t~d si tM '~R 8~ EOO WHEREAS th~ MORTGAGOR is ju~tty ind~btsd to tM MORTGAGEE in tM s~m of = • • Qood and lawful money of the U~~ted S~ates ~dvanced by tAs MORTGAGEE unto th~ MORiGAGOR, as evidenced by a certa~n promiuwy ~ot~ of eve~ date henwith, of wh:ch tha follow:np in ~o~di and fiyuni i~ ~~rw copy, to-wit: 1QQ2~833 ~ s ia,aoo.oo . ~ ~ P~«.. Fia~d.. April 2d 19 74 Fw value reteived, 1, we w ei~her of us, promise to pay, wi~hout defalcatio~, to the order of FIRST FEDERAL SAVINGSS- AND IOAN ASSOCIATION OF s FORT PIERCE at Fat Pierce, Florida, the sum of =14 ~ 8~ w;th imerest from date at the rste of 9! ?"76 pe~ annum, in monthly instalt- ~nents as (ollows: Z 136.~ o~ 1he20th d+Y of JW1@ ~q 74 a lik~ sum an the cwrespw+d~ny day of esch mont4 therr afrer until the whola be fully paid. Each installmrnf first sMll be applied in paYme~t of the intermt and then on the unpsid balance of the p~inclpal wm. If default is made in the payment of eny installment when due, ~nd such defs~h co~t~nues 30 days, then at the optio~ of the ho~de?, snd without any other notica, a~l the remaining ~nstallments sFull be dw arsJ payable at once. Privileye is given to p?ep~y this rate in whole or in put at ~ny time without penalty. NeitFur fwebearance, nor acceptancs by the holder thereof after any default in any psyments hereon, shaU be decmed extension. A Iats paym~m charge of S 6• 8O - sh+~~ be added to each installment remainin~ unpsid 7 days ~fter its dw date, and a like svm shall be added to esch such instailment remsirting unpa+d 7 days efter each s~cte~d~n9 p+yment date. Each maker, surety and endorser hereof, jointty and severally, waives demand, prexntment protest and ~o~ice of protest fw nonpaymenL +~d further agrees to any extension of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, includ~ny a reasonable aftorney's fee in the event of any defau~t hereu~?der, and hereby :everally wa;ves all benefit of homestead and excmption under the constitution and laws of each State of the United States, as againat this obligation or any extension a renewal hereof. Witnesa the hand and ie~l of each party. s/Julius white Jz. ~i~ H (SEAI) S~~S81~ ~I11~11t@ (SE/?U $ 22.20 t~u ( 1 State aevcnue . tfx~wV+ eanlerlled"~De'o~riglnsl' nt7n~ 14 ~ 8~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of S and the periwmance of the covenants and agreemenh hereinafter ea{xessed, and fw divers good snd velusble tonsidtrations, by these ptesents, does gr~nt, baryain, sell, remise, release, convey and confirm unto the MORTGAGEE, its s~cceuors and auignt, alt that cat~in bt, p'~eu or pucel of land, sitvate, lying, and being in fhe ~ SL . Lueie and State of Fbrids, dewibed as follawi: ~ l.ot 8, less the South '7 feet thereof, Block 1, MAGN~LIA PARK SUBDIVISION, as per Plat thereof on file in Plat Book 9, Page 27, Public Records of St. Lucie ! ~ County, Florida~/ ~ q G o {N PAYMENT OF TAXfS ouE a+ a~ss ~ i~~s ~ ,~RSOn~ ~ROVEan. : ~ ~~xr To auPrEa , ~oc~x romus ~Xj~ ; CiERK CIRCUIT OOURT. ST. LUCIE 00~ FU~ i 6 f f - i g . . i t ~ STATE aF FLOR'iDl~. ~ ~ o= ~ DOCUMENTARY~~STAMP 1kX ~ ~ - ~ ~ DEPT. OF REYENUF i ~ ~ - N = o~ ~ ~~r-~•~4 ~ : = 2 2. 2 0 i ~ ^ ~ 1 ~ ' • Q ~ ~'~V~ ' ~ ~ ~ N: S~ ~ to9ether with all snd aingulsr the tenements, hereditaments and appurtances therevnto belonyirg or in ~nywise ~ppert~ining thereto, and sU renb, iuws. ~ proceed~ and profi» atvuing and to acu~e from said premises, all of which are irxluded in the +bove ~nd foregoi~g descr~P~w^ s^d h+be^du'^' ~ TO HAYE AND ~O HQID the sbove dewibed snd granted premises unto tF?e said MORTGAGEE, its successo~s +nd +ui9r?s forevt?. Md tFk s~id MORTGAGOR fw h~lr ~~rs, executon, sdministnto~s snd assgns, hereby covenanb with the uid MORTGAGEE, its succeuws and assiyro, rhat - iawfully seized of the said p?emises in fee simple: that th~ s~me are free, ckar snd dischsrged f~om sll liero and encvm- ~ thev are ~ ~ b~ances in Isw or io equity, snd that they will and the I heirs shsll warrant aad defer?d the titk to the sams to the said MORTGAGEE, its successors and augns, fwever agairut the lawful claims and demands of sll perswn; PROVIDED, AlWAYS thst if the MORTGAGOR shsll pay uMO tF?e MORTGAGEE the promiswry note here7^befwe dsscr'bed ~^d sh+~~ truly, promptly and fully perfwm, d~uharge, eaecute, complete, comp~y wi?h ~nd abide by each and every fhe stipul~tions, ~yrecments, condiYans and covenants of said - promissory note and of this Mortg~ge, then this Mortgsge and the Estate hereby crested shall cease and be null and void. :_;c ;~F It IS UNDERSTO00 that the wad "Mwtgagor" whether in the singulsr or plur~l anywhere in this Mwtgage, sh+ll be sinyulu if one only ~nd ~ shail be ptural jointly and severally if more than one, and that the word "their" ss used anywhere in this Mwtga9e shall be taken to mean "his;' "hers;' or "its;' wherever the context so implies or sdmitt. Alao, thet wherever there i• a reference in rhe covensnn +nd ayreemenn herein contsined ro any of rhe panies hereto, the ssme shall be construed to mean well ss the hein, legsl representatives, successon end auigns (either voluntsry by ~ct of the p Y ~ parties w i~voluntary by operation of the law) of the ssme s~d that the covenants hetei~ contained shsll bind and the benefiri +nd advanbges inute < ro the respective heirs, legal representatives, successors and su~9os of the psrties hereto. ' r - And ssid Mortgsgon, for thcmulves and their hein, legal representativa, successors and auiyr», hereby jointly ~nd severally covenant and sgree ro and with tl+e said MORTGAGEE, in succ~ssors and auiyro: 1, To psy +11 and singvlar the principal and intereit •nd the variovs and sundry sums of ma~ey p~yable by virtue of said promissory note, •nd this ~ mortysge, each ~nd every, promptly on the days respectively the same severally become due. ~ ;Z:; 2. To p+y all snd s~ngulsr the bxes, aasessmenn. levics. liabilities, oblgstions and encumbrances of every n+ture arx! kind now on said de+vibed ~':.'r property, p th~t hereafter m+y be imposed, wffered, plsced, levied, w a:sessed thereon, a thal hereafter may be levied or sssessed upon this Mort¢ ~ ~ e age, w the indebtedneu secured hereby, cxh and every, when due and payable, accordinp to law, before they become delinquent, ~nd befor~ ~~y interest ~ ; artaches o? any penalty is irtcurred; ANO INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII B.E PROMPTIY SATISfIEO AND DISCHARGED Of /'v~ RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFICIAIIY ENDORSED v~ ~ ~;7 OR CERTIFIED) SHALI BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the eveM that ~oy thereof is not ~ - paid, sat"sfied +nd discharged sa:d MORTGAGEE msy at any time pay the same or any pan thereof withart wsiviny or affecti~y any option, lien, equity w ~~aht under o~ by virrue of tbis mortgage and 1he full amount of each snd every wch payment shsll be immcdiately due and p~y~ble and shal) bear interest ° ~.om the date thereof until psid at rate of nlne per centum per annum and fogdher with fuch intereft shall be secured by the lien oi th:f mwgla9e• , . . . , _ _ _ _ - - - - _ ~-i r-- _ ~ w~~.'ee' _ _ . = . , - . . `w-`