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HomeMy WebLinkAbout1585 . ~ ' . • ~ , ~ THIS IN~ENTURE. Mad~ the 13 t h day of ~y A.U. 19? 4 be~ween - James l. Roberts~ ~J~.~~~~ y Yvonne Roberta, his wife C1@ ~ C~~~y Flwida, h~reinafta~ desig~ated as the "MORTOAGO~G"' and fIRST iEDERAI SAVINGS AND IOAN of ASSO~:IATION OF FORT PIERCE, ~ cwporation wyanized and existiny u~de. the laws of tF~s Unite~ Stat~s of Am.rr~ca ~nd heving in principai pl~ce of busineu i~ the City of fort Piacs, St. Lucie County, Florida, hereinaiter designated as th~ "AAORTGACaEP.'~'-" WHEREAS the MORTGAGOR is justly indebted to tM MORTGAGEE in the sum of i 42 ~-0~: ~ , good and law(ut ~„oney of !he United S~.,res advanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain promissory note of even date he~r~n•ith, of wh;ch t!~e iollowin~ in . .~ords and fi ures is a true copy, to-wit: , ~ 10020875 4Z,00$.00 s Fort Pierce. Florida. May 13 ~q 74 For value received, 1, we w either of us, prom~se to pay, without Je+alcation, ro the orda~ of FIRST iEOERAI SAVINGS ANO WAN na~ri.if+~f~iii Or - ~ORT PIERCE at fort Pierce, Ftorida, the sum of s__42~ 000• - w;th in~rrest frwn date at the rate of 9• 5 3o pe? annum, in moNhly install- anrs as iot!ows: 367,_00 o~ ~he z~Lh day of _ June ~9-_ 74 and a like sum on the cwrespooding day of each month there- errer uNil the who~e be fully paid. Each installment first shall be appliad in payment of the interesf and ~hen on 1he ur:pa~d balance of the p~incipal sum. If default is made in ihe ~ a;~nz~t of any installment when due, and such defaull con~inves 30 days, Ihen at tl.e option of the hofder, and withou! any other no~ice, all the remaining ~n;tatlments shall be due and payable a? once. Priviiege is given to p?epay lhis note ~n whole w in part at any t~me w~thoW P~^a~b• ~i8r 35~rsMQ, ~ o~ acceptance by the hofdnr thereof after any defaull in any payments he~eon, shaSl be deemed extension. A late paymem charge of S-'--. ~ ,:-iJad to each instaiiment remain~ng unpa~d 7 days after its due date, and a Gke svm shall be added lo each such installment rema~ning unpaid 7 days after ea:h succeeding payment date. Each maker, surety and e~dorser hereof, jointly and severally, waives demand, presentment protest and r.otice of protesl for nonpayment, and furthet , ,3rees to any eat~nsion of r~u:e of p~ynxnl, either 6::Eo~e or after maturity, without natke ro any of us; and to pay all costs of collection, including a ~„onable attomcy's fee ~n the evr~t o1 any defauit hereurtdar, and he~eby seve~ai!y .raives all benefit of homestead and exemption under the constitution ,,nd laws of each State of the Unired States, as agai~~st this obligation w aoy rxtens~on or renrvial hereof. Witness the hand and seal of each party. (SEAU sJ Jam~s L. RobQrts, Jr~ ~y cs~?u s/ Mary Yvonne Roberts ` $63 . OO _ ~ State Revenue ~t OVV, THEREFORE, the MORTGAGOR for the Nur~:e of securing payment of sa~d sum of S 42 •O0 and the performance of the cove~ants and agreements hereinafter expressed, and for divers good and va~uable cons+derations, by tluse presents, does grant, bargain, sell, remise, r~•Iease, convey and tonf:~m unto the h10RTGAGEE, its succe:sors and assigns, al~ that cenain lot, piece or parce~ of land, situate, (ying, and being in the County of St . WCle _ and State of Flor~da, described as follows: That part of the West ~ of the NWt.; of the ~iW'4 of Section 17, ?ownship 35 South, . Range 40 East, 5t. Lucie County, Florida, more particularly described as follows: Commence at a point where th2 East right of way line of Hartman Road intersects the South right of way line of Peterson Road; thence run Southerly along the Bast right of way line of Hartman Road 460 feet to the Point of Beginning; thence run East parallel to the south right of way line of Peterson Road 200 feet; thence run Southerly parallel to the East right of way line of Hartman Road 120 feet; thence run West 200 feet to the East right of way line of Hartman Road; thence zun North- i ^ erly_along the East right of way line of Nartman Road 120 feet to the Point of ~ 8eginning~ ~ c• _ ST -r'E . ~ A ~ ~LC r ! . r~ocunn~r~TAPY,---.- sT< ._rv±, ~ ~ j Z^ p~~;,-~ :?E~'E71Uc - _ _ ~ Y ~ ~ - ~ IN PAYMfI1T OF TJU~ ~m ~ _ PB - Ma~/f~'I'` 1\'~;ti_~~ •~s;~ O O~ ~w~c M~ MA7B ~r ~^,i~A~Ya<rC~+~vL rnvrcn~h - ~ PIWSIM1Ri 10 f~U!'fER 71-134, ACTS Of 1~]I.~ [ ~ER P011MS ~ qFN1I qNOU(T ~tIR~. ST. UlCIE C0, FtA ~cgether with aH and singular the tenements, hered~taments and appurtances thereunto belongirg w in snl/w~se +PPerta~^u?9 thereto, and all rents, iuud, r.~oceeds and profits acau~ng and ro acvue from said premises, all of which are included in the sbove snd fo?egoing desa~Ption ~^d habe^dum. TO HAVE AND TO t1010 ~he above described and granted premises unto the said MORTGAGEE, its successois and augns fwever. Md tfis said " the 1r Fwirs, executws, administrators and assigns, hcreby covenants with the s~id MORTGAGEE, iri uKtessors ~~d assipns. ':,ORTGAG(~ R for r~t th@y are _ ia~Xf~uy se~zed of the said prem~ses in fee simple; that the same are free, dear end discharged from sll I'~s and encw~r~ will and the i r ~~n sha11 warrant and defend the title to the same to the ssid :;rances in law or in equity, and thar theY ':,GRTGAGEE, its successors and assigns, forever against the lawfu! claims and demands of all perions; PROVIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and thsll fruly, promptly :~d fully perform, d~scharge, eaecute, complete, complY with and abide by each and every tix stipulations, agreements, caiditions and tovenants of said :,ro~n~sswy note and of this Mortgage, then this Mortgage and the Estate hereby aeated shall cease and be null and void. 1T IS UNDERSTpOD thst the wwd "Martgagor" whether in the s~ngular or plural anywhere in this Mortgage, shall be singular if one only and ~ s~:all be plural jointly and severally if more than one, and that the vvord "their" as used anywhere i~ this Mwtgsge shall be taken to mean "his," "hen," ~Q ;r "~~s," v~herever fhe conteRi so implies or adm;rs. Alw, that wherever there is a reference in the covenants sod agreements herein contai~ed to any of f'o rne parties hereto, the wme shall be construed to mean as well as the heirs, legal representatives, successws and suigru (eithe? voluntary by act of 1M f~~ l r ca.r~es or involuntary by operation of the iaw) of the same and that the covenants herein contsi~ed thall bind and the benefiri and advsntayes inure rhe respective heirs, legal representatives, successors and au~gns of the parties hereto. And said Mwtgagors, fw fhemselves and their heirs, legal representatives, successon and asigns, hereby jointly ~nd severally covenant and spree ~o and with the uid NIORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the principal and interest and ~he variovs and sundry sums of money payable by virtue of said promissory note, ~nd this ~ mo+tgage, eacF~ and every, promptly on the days respectively the same severally bccome due. 2. To pay all and ~ingula~ the taxes, assessments, levies, liabilities, oWigations a~d encumbrances of every nsture and kind now a+ sa~d deKribed ~ property, w that hereafter may be imposed, suffe?ed, plated, levied, or •ssessed thereon. or tha~ here+fta may be Ievied a sssessed upa+ this Mort~- age, w the indebtedneu secured hereby, each and every, when due +nd payable, accwding ro law, beiwe they become delinquent, snd befwe sny intaest arraches or any penalt~ is incurred; ANU INSOFAR AS ANI THEREOF IS OF RKORD THE SAME SHAII BE PROlNPTtY SATISfIEO AND OISCHARCaED OF RECORD AND THE ORIG1fvAl OFfIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSEO OR CERTIFIEU) SNAIL BE PLACED IN iHE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENI; and in the event thsf any thereof is no1 paid, sat sfied and diacharqed sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving w affetting any option, lien, eq~ity or .i~ht ~nder or by v~rr~e of rh~s mortgage and the full amount of each and every such payment shall be immediately dve and payable and shall bear interest d~•.~ r. .,•e~' ' r>>' a' ~are of nlne per centum pe~ annum and together w~th s~ch imerest shall be secvred by the lien oF th s m.orgtage _ _ . _ _ _ - - - - - _ _ ~ ~