HomeMy WebLinkAbout2081 2$2616 ' T
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THIS IN~ENiURE, Ma~ th~ l~Lh day pi ~'Y A.p. 19 74-- betwNn
Michael L. Bden a~d Barbaza A. Bden~ h_is wife
of St. WC @ Camty Flotida, hereirn(t~? d~sign+tcd as tM "MORTGAGOR;' ~~d FIRST FE~ERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corporafan a9~nized ~nd ~xia~inp ue~ Ih~ laws of the Un~ted St~ta of ArnKiu snd Mvinp iri pincip~l pl~u of
buiin~u i~ tM City of Fort Pie~c~. St. L~ci~ County, fbrida, hereieafter d~sip~atsd as tM "MORTGAGEE."
WHEREAS th~ lNORTGAGOR is jwtly indebt~d ro ths MORTGAGEE in the sum of = l~}Q~ ~~Q qood and I~wful mwiey o( the United
Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain promiuwy not~ of evee? dafe hs~ewith, of which tM fdlovrinp In
wordi and figurei is a ~rue copv, tow~t: ~ 10020870
=10 ~,QOO. 00
Forf Piert~, florid~. ~y l~' 19 7'4
Fw value ~eceived, 1, we or either of us, promise to pay, without defalcation, 1o the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FQRT PIERCE al iort Pierce, Florida, 1he sum of S l~ ~ - with ~nterest from date at Ihe rate of 9• 2~ pQ? ~~~m, in monthly in~tall-
~5,ents as folfows: S~Z on the2Oth day of June 19 74 and s like sum on ths caresporxlinp day of esch n+onth the~r
after until the whole be fully paid.
Eech installment first shall be applied in payment of the interest snd then on the unpa~d balance of the princ~pal sum. If default k m+de in ths
pay~nent of any installmeot wFxn d~e, and such default continues 30 dsys, then at 1he optan of the holdcr, and without any other notice, all the remai~itg
:ns~allments shall be due a~d payable af once. Privilege is given to prep~y this note in whole w in psrt ~f any time withoul pen+lfy. Neith~t forebsusnce.
nor atteptance by the holder thertof after any default in any paYn+eros hereon. shall be deemed extens'ro++. A late payment charge of s 4•6O sha~~ be
added to each installme~t remaining unpaid 7 days after ih dus date, +rwJ a like sum shall be added to exh su:h installment ~emaining unpaid 7 days ~ft~r
each s~cteeding paYme^1 date.
Each maker, surety and endaser hereoi, lointly and urerally, waives demand. presentment protest and notite of p?otesf fw nonpayment, ~nd futfher
agrees to any extensron of time of payment, either before o~ sfte~ inaturity, witF~out ~otice to any of us; and to pay all cosb of collection, includinp ~
rcasenabte attorney's fee in the event of any defa~h hereunder, and hereby severally waivei a10 benefit of homestead and exemption ~nder the coostitution
a,,d laws of each State of the United S~ates, as aga;n~t this obligatian w ~ny eztension M,rdlelN~~h~reof.
Liiti233 the tw:.d snd ua! ef each pa+~y.
(Se~U
r ~ r • . ~ ~ $ 1C a@ • ~11 l~U
, (SE/?U
~ s/ Barbara A. Eden ~
~l S. 00 1 State Revenve
t_
~ 10,000.00 `
NOW, THEREfORE, the MORTGAGOR fo? the purpose of secvring'p+yment of s~id sum of 3 . ~nd the perform+nce of tl+~
covenants and agresmenta F?erein~fte? expressed. and fw d;vers good sad wlwble coniidentio~s, by thtu p?esen~s, does 9rsM, ba~~ain, ult, rtmise,
release, convey and confirm unto the MORTGAGEE, its succeswrs and assigns, all that u+t~in bt, piece or parcel of I~nd, sitwte, lyirg, u?d bsinp in fhs
County of St .~.t~C ie end State of Florids, dewibed as follows:
Lot 4, Block 1, COL. H. D. GOFOR?H'S SUBOIVISION, as per plat thereof on
file in Plat Book 9, page 75 of the public records of St. Lucie County,
Florida
'
! ~ i~ q~ MritoR OF Tl~
DlE ON pASS 1C' tlITAN6i8LE pEg9p(u~ /~p~(~
PIIRStlANi TO pHrTER 71-134, ACTS ~ 1~,~ ~
. ~OCfR f+0lTitllS ~
CtFJ~I pRq~T OOURT, ST. L.IICE 00, F1A~
n oF FLORIDA
N STATE ~
DOCt1MfNTAR~~~,, STAMP TA~i ~
°c-~ DEP7, OF REYENUE ,r `
N_ P& = w?rz~•1~ i ~ I 5. 0 ~ 1
~ = niat ~
rcgether with atl and singvlar fhe tenements, hereditaments a~d appurtsntes thereunto belonging or in anywise ~ppertainlny thereto. ~nd ~II ~ents, issws,
prxeeds and profits accruing snd to scvue from said premises, all of which are included in the above and fw~gou~p descriptan and h+be~dur~-
TO HAVE AND TO HOID the sbove described and grsnted premises unto the ssid MORTGAGEE, iri s~tcessors ~nd +ssipns forewr• Md TM wb
the iz executws, administraton and •ssigns, hcreby tovenanb with the -said MORTGAGEE, its s~tceswrs ~nd as~ipn~•
~r,ORTGAGO~hey
are
~hat lawfully x~zed of the said prem~ses in fee simple: thst the sam~ sre free, ck+r and discMryed from ~II liam and ~
brances in law w in equity, and that
t~- will and the? T hein shall warrant ~nd defend th~ titlt to fM ~aerw fo tM aW
_ MORTGAGEE, its successors and sssigns, forever against the lawful claims and demsnds of all perso~s;
PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the ptomissory note hereinbefott destribed u~d th~ll truH. W~W~Y
a~d fully perform, diuhsrge, execute, compkte, comply with and abide by each snd every ihe stipul~fions, syreemenb, conditiota ~nd covenanfs of said ~
~ro~niswry note and of thi~ Mortgage, then this Mwtgsge and the Estate hereby ue~ted ah~l) usse snd be iwll ~nd void. ^o
IT IS UN~ERSTOOD thst the word "Mwtgsgor" whether in tF~e singular or plursl anywhere in fhis Mort~~e, sh~ll b~ singu~+r if a» a^~Y +^d •
shall be plural jointly a~d severally if mwe than one, snd that the wwd "their" as used anywhere in tha Mort9+pa shall b~ taken to m~an •'his•• •'I~s,"
or "its," wherever the coMext so implies or admits. Alw, that wherever there is a refererxe in the tovenantt snd apnemeots herein contairnd to u~y oi
~he parties hereto, the same shall be construed to mesn +s well ss the heirt, ky+l rspresentative~, wccessors and assipra (either volw~ury by acf of th~
parties or involuntary by operation of the law) of the same and that the covenants herein contained sh~ll bind ud the benefin ~nd advantapes inw~
to the respective hein, kgal repreuntatives, successon snd au~ym of the psnies hereto. y~
/1nd said Mortgagon, for themulves and their hein, legal representatives, succestors and assipns, hereby Iointly aod severally cownant snd ~pne ~
ro snd with the said MORTGAGEE, its successon ar+d auigro:
1. To pay all a~d sinp~lar the principal and imerest and tF+e v~riovs and tundry sums of money p~yable by virtue of said promiuwy note, and this
m~rtgege, esch and every, promptly on the days respect~vely the same severally becorrK dw.
2. To p~y all and ~ingula the aaes, sssesunenn, levies, lisbilities, obliq~tions a~+d ~rKwnbrances of ~very nature and kind now on s+id ~ksa~d
property, a thst heresher msy be imposed. ~uffered, plxed• levied• or as~essed theraon, w th~t here~f»r mar be kv'Nd a astestad upon tl~is Matp'
age, a tht indebtedness secured hereby, each and avery, when dua and pay~ble. suwdiny ~o law, befor~ tMy become d~linqwM, and befon ~n1? im~rat
atraches or ~ny pen~Ity is inturred; AND INSOFAR AS ANY THEREOF IS Oi RKORD TME SAME SHAII BE PROMPTIY SATISf1ED AND ~ISCNARGED OF "
RECORD AN~ THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISFACTION PAVER OFfIC1ALlY ENDORSEO
OR CERTIFIED) SHALL BE PLACE~ IN THE HANDS Of SAID lMORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd i~ the went tMt arryr thereof is no1
paid, sat'sfied snd dixhsrged sa:d MORTGAGEE may at sny time p+Y the same a any part thereof without waivieg w ~ffedinp ~ny optan. IiM, equify or
•~qht under or by v~rtue of th~s mortg~ge and the full amo~nt of each +nd every such payrt+ent shsll be immedi+tely dw and payabk •nd shall be+r intereit
~~n~•, +he da+e rE:e~ec{ vn~~! oa d ar rate of nine per centum per annum snd together with such interest sF~all be setured by the lien of th's ~org+age.
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