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HomeMy WebLinkAbout1583 . ~ ~ . THIS INDENTURE. Mad~ ~he 13th day of ~y - A'p' 19 74 B. C. Weaver III and Sara J. Weaver, his Mife of $t • LuC ~B County Ftwid+, hs~einaftar designated as the "MORTGAGOR," ai+d FIRST fEDERAI S/~VINGS AND IOAN ASSOCIATION OF FORT PIERCE. • corpa~rion organi:~d and exi~~inp under th~ laws of the United Si~tos of Americ~ and Mvin~ iri principal pl~ce of b~i~nKS in ths City of fwt Piace, St, lucie Cov~ty, F~orida. herei~ait~~ desiynated as the "MORiGAGEE:' WHEREAS tM MORTGAGOR a justiy indebted to the MORTGAGEE ie+ the au~n of ; 19 ~ 2~+ ~ good and law4u! maneY of the United States advanced by the IdORTGAGEE unto ~he -MORTGAGOR, as evi~tenced by a ce~~a~n promisswy note of eYe~ date herewi~h, of whrch the (ollowinQ in .~o~ds and fig~~es is a t~ue copy. ~ow~~: 1pQ20874 s 19 ~200.00 ~'~O Fo~t Picrce, Florida, ~y 1'3 ~9 74 For value ~eceived, 1, we or either of us, promise lo pay, wilhovt defalca~ion. to the order of FIRSI FEDERAI SAVINlsS nirD ivi+iv i:aiv~~r.+~~+~~i :s~ FORT PIERCE a~ fo~t P~e~ce, Fbrida, the sum oi Sl9i?00•-~---- W;~h ~nrc~esl trom date at the rate of 9• 7~ per annrm, in monthly install- ~-~,~fs as foi!ows: S- 183!~- ~ the _?Ot'Vay of _ June 19__?4 and a like sum on the carespa~dinp day of each month there- atter until the who2e 6e fu11y paid. Each instaltment first shal~ be app~+ed in payment of the interest and then o++ the unpa~d bafance of the principal sum. If default is made in the F•,i~~nent of any insrallment «hen due, and such default continues 30 days, then at the option of the holder, and without any otiur notice, all the remain~~~y ~„sreliments shal! be due and payab:e at once. Privilege is given to p?epay this note in whole w in part at ~ny time without penalty. Neither forebeara~xe. nor acceptance by the holder thr~e+~f af~er any default in any payments hereon, shall be deemed extension. A late payn+eot charge of s 9' 15-_ s~~~ ~ ::dd~d to eech inata~imrnt remai~ung unpa~d 7 days affer its due date, a~d a like sum shall be added to each such inslsilment remaining unpaid 7 days afte~ Pach succeediog payment date. Each makr~, surety and e~do~se~ hrreof, ~ointly and severaliy, waives demand, presentment p~otest and notice of p~otest for ~onpaYmenf. snd further e3.res to eny ex~ansion of time of payment, erthrr before or after maturity, without notice to any of us; and to pay all costs of tollection, intludiny a r~~.~sonable attorney's fee in the even+ a( any defauit hereundz?, and hereby severally waives a~l benefit of homestead and exemptian vnder the constitution ~d iaws of each State of the Lnited States, as aga~nst this o6ligalion w sny ex~ension or renewal hereof. V1iit~ess ~he hand and seal of each party. S/B C Weaver III tsEnq ~::1 ^ • ? . r_~ tsv?U ~ S/Sara J. Weaver es~u - - - - (s~?U ~28'8O Srate Revenue `s.~.~.`.ti'd' "''"y"~t "".i 19 200 00 NOW, THEREFORE, the MORTGAGOR for thc purpose of secvring payment of said sum of = ~ ' ~~?d the P~?io?mance of the ;ovenanls and agreemen?s hereinafter expressed, and for divers good and vstuable consideralio~s, by these presenls, does grant, baryain, sel1, remise, release, convey and confhm unto the MORTGAGEE, its successors and assigns, all that certaio IoL pirce w parce~ of (aod, siwate, lying, and beinp in ths Couny of St. j.11C1@ - a~d State of Fbrids, described as follovw: t,ot 7, glock B, MARAVILLA T6RRACB, as pez plat theYeof on f ile in Plat Book 5, Page SO, of the public records of St. Lucie Co~ty, Rlorida; ~ - S ;'AT~ JF FLC~i~ DrJ~l1MENTAR`.' 5T:> M P J ' UE:~i ~~YctiiJE : ~ z' co - - ' - K<~ = K~~,s•~s ~~-:~-=~a 2 8. 8 0 ~ . m N ?B ,-.':1y.f a ` ~ ~ i ~ ' ~ o - ~s-' - f I` i ! RECENED 3' ~ 11i Pf~Yi~?tM i~ Tax:: DUE ON CIASS'C INilW6181F PENS~~ ,~Stfi1!(i 10 t~IAP~ER 11-134. ACTS OF ~971~<< t~FRp CtRpllT aDUitf,~S1, lllC1E C0~ F1A / ~o~ether with all and singular the tenements, hereditaments and sppurtsnces therevnto belonging w in anyw~se +ppenai^~~p 1he~efo, ~nd all rtnts, issws, F•oceeds and profits accruing and to accrve from said premius, all of which are included in the sbove snd foregang desoiption and FwbMdum. TO HAVE ANU TO HOLD the above described and granted premixs unto the said MORTGAGEE, iri suctetwrs and assgnt fwever. A~d 1fi~ s+id thelr executors, administrators and aasigns, hereby tovenanri with the said N~ORTGAGEE, iri successors ~~d ~saiym. ',IORTGAGOR for the are ~nat - y------ tawfully seized of the said prem~ses in fee simple; that the same are free, ck+r ~nd disch+rged from ~II liero ~ntwet i:-ances in law or in equity, and that thev wi11 aod their heirs shall warrant and defend t}~e titk to the same to the said •dORTGAGEE, its successors and ass~gns, fwever against the lawful clsims and demands of all penons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbeforo destribed +nd ah+ll t?v~Y. P~a'^P~~Y a~d fully perform, d~scharge, execute, comp{ete, comply with and abide by each snd every the stipulations, agreements, conditiwn and tovensnb of ~a''d~ :,-om,ssory note snd of this Mortgage, then this Mwtgsge aod the Estatr hereby aeated sh+ll cesse +nd be null +nd vo~d• IT IS UNDERSTOOD that the word "Mortgsgor" whetFxr in the singular or plural anywhere in this Mortgage, shsll be sinpul+r if ons only ~nd''O s! al! be plural jointly and severally if more than one, and that the word "their" as used ~~ywhere in this Mort9sge sh+11 be taken to mean "his;' "hen, or 'i~s," wherever the context so impties w admits. Alw, that wherever there is s reference in the toveoanri +nd +9reemenfs herein cont~ined to any rne parties hereto, the same shatl be construcd to mesn ss well as the heirs, legal repreuntatives, successon and asigra (either voluntary by act of f parties or involunury by opera?Eon of the ~aw) of the ssme and that the covenanis herein contained sF?~II bind ~nd 1M benefits ~nd adv~ntayes irw? ~o the respect7ve heirs, kgal representatives, successors and ass~gns.of the p+rties hereto. And said Mwtgagors, fa themselves and their heirs, legal repreuntatives, successors snd ~uym, hereby jointly +nd severallY coven+^f and ~pree~ +o and with the said MORTGAGEE, its successors and assig~s: 1. To pay all and singulsr thc principal and interest and the various and sundry sums of money payabk by virtve of said promiuwy note. +nd ~ha ~ mortgage. esch snd every, promPtly o~ the d~ys respectively the s+me severally become due. 2. To pay all and singular the taxes, assessments, levies, lisbilities, obligations a~d erxumbrances of ~very nstu~e and ki~d ~ow o~ s+~d desn~b~d ~ property, w that hereaher may be imposed, suffaed, plxed, kvied, a sueued thereon, w thst hereafter may be levisd p~sseued ~po~ This Mat~' age, or the indebtedness ucured hcreby each and every, when due snd paysble, according to law, befae they becane delinquent, ~nd befor~ u~y int~rest attaches o? any penalty is incvrred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISf1E0 AND DISCHARGED OF RECORp AWD THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PAPER OfFIC1AllY ENDORSEC OR CERTIFIED) SHAII BE PlACEO IN THE HANOS OF 5~?ID MORTGAGEE WITHIN TEN OAYS NFXT AfTER PAYMENT; and in the eveM that any fhereof is no1 pa~d, sat s(ied and discharged sa.d MORTGAGEE msy at any time pay the same or a~y part tFxreof without wsiving w affedinp sny option, (ieo, equity or •~qhr unde~ o. by v~~t~e of this mortgage and the full amount of each and every such payment shall be immediately due and paysbte and shall htar interesf r,~•. r~., rec' c~ .afe of n~ne per centum per annum and togethK w~th s~ch interest shall be secured by the lien of th s more+aye , _ _ - - ~ ;~,~r; ~,"^_F. ~