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HomeMy WebLinkAbout0032 ~ / . . ~•8.`~~"~ 7 , ~ ..S THIS INDENTURE, Msde the 17Lh day of ~ ~~a-y ~ - A.D. 19-~~ between Rex Tice and ~j~~ttp K Tit~w his~~i fp - ~ . „ , _ ~ of St •~.11C~@ County Floride, he~einaiter desr~nared as the "MORTGAGOR;' and fIRST FEOERAI S~IVINGS ANO IOAN ASSU:~ATION Of FORT VIERCE, a corporat+on wganized and exis!ing under the laws of ~he United S~atos oi America and having its principal place of bus~net~ in ths City qf Fort Pierce, St. lucie County, floride, hrreinafter des~gnated as tha "MORTGAGEE:' ~ WHEREAS 1he MORTGAGOR is justly indebted 1o the MORTGAGEE in the svm of 9ood and lawful money of !he United Sfares advanced by ~hr hIORTGAGEE unto ihe MORfGAGOR, as evidrnced by a certa+n pro~n~ss«y' note oi even date herewith, of wluch the (ollowing in ~.orda a~d figures is a true coFy, to-wit: s_ ~ 3, o00 . oo ~ N, iooao9o8 ~ Forf Picrce, Flwida, r~ay 17 -19~.~ Fw vatue receired, 1, we er eithe. of us, promise to pay, wi~hou? Jefafcai~on, to the o~der of FIRST FEDERAI SAVWGS At~lD LOAN ASS~etATIPN OF .:2T PIERCE at Fort P.erce, Fbrida, the sum of S-231~~'~ ~~'«~~S' from date at ~he rata of _QaQ°o pe~ annum, in rnonthly inslall- , ns as to4lov~s: S-1'94•-~- - on ~Fe _-_?~t'Yfay of ___Au2~?St__ t9 _74_ _ and e like wm on the cor~espond~ng day of each month there- until the who:e be f~~ily paid. Each instalLnent tirst shaH be app!i~d in payma~~t oF the inrerest and tl;en on !I:e uR~aid balance of the principal sum. If default is made in the ~ ~nrnt of any instal!ment when due, and such d_fault coni~nucs ?0 days, lhen at the opnon of 1he hotder, and with~ut aoy othe+ notice, ail 1he remaining ,;ra~lments shall be due ar.d payable at once Pnvilege is g~ren to prepay th+s note in whole or in part at any time without penalty. Neiiher forebearante, or acceptance by the ho~der ~hereof after any defauh ~n any payments hereo-~, shafE be dzemed rxtension. A late payment charge of 3~-~Q-, sh~ll be ,:i~~_•d to each installment ~emaining unpa~d 7 da~s after its due date, and a!I?.e s~:m shali be ad~ed to each such installrrKnt remaining unpaid 7 days aftet e 3~h succeeding paymer~t dare. Each maker, surety and ertdorsei hereof, joiNly and severaify, vra[ves de~T~ar.d, presenh-eent protest and r.otice oi protest fo~ nonpaymenf, and further ~.~reea to any extens~on of, n~r.e of psy~r~enr, e~ther bufore or after n,awr~ty, wi~i~o~~t not,ce to any o( us; and to pay a!I costs of collection, indud~ng a .,onable attomcy's fee in tfic evert of any defau~t hcreunder, and hereby sevc~a!!;r ~aives all benefit oi homestaad and exempfion under fhe eonstitution ,f ,ati•s of each State uf thc Unned 'ataies, ~s ayainst this O~~~Jd1iOR w any ettens~0~ or rer~ewa~ hereof. N:itness the hand and seal of each party_ . • (SEAu . x . i c e t~~~ S Jeanette K. ice ~~U 3~. ~ Stare Rr~•enue - `f ~tir~~~F~t?E~iS+~~F~FX~+ly Ni0'.Y, THEREfORE, th~ MORTGAGOR for the purpose of sec~ring Fayment of said s~m of ~QQ•~ and 1F?e pe~fwmarxe of the co:enanfs and'a9reeme~ts hereinafter expressed, and !cr divers good and valuab!e confid?rations, by thex presents, dces grant, bargsin, sell, remise, ,>ase, convey and confirm unto the MORTGAGEE, i1s successo~s and aasigns, ait that certain lot, piece or parcel of land, situate, lying, and beir?g in the County of St ' 1' ~ 1e arw~ State of Florida, described as foliows: Lot 5, Block ~52, PORT ST. L.i7CIE, SE~TIOY as per plat thereof on file in Plat Book 12, ~ ~ pages 14, 14A through 14G, of the Public Records of St. Lucie County, Florida o ~ a cr S T~4T'E OF ~ o= oocuMErvTARr~-F~-rJRiDA I C k zC ~ DFai.' p R vFiiUF. .z.~5 T~l. ~ ~ p ~ ~f~{1'Jv~ 4 ~ . v v N ~ 1. 3 a. r O RECEIYED IN PAYMENT OF TAXES o = t r~~.? - 7 ~ DUE ON ClASS 'C IlQAMGIM.E PER90MAL PROPfRIY. PURSUANi TO CHAPTER 71•134. AL?S OF lY/l. ,~y ~OCER 10RRIL4 ~ ~ ClFlq( ClRqllT OOURT, ST. LUClE CO.. FLA ~ ~ 8 ~~gether with all and singular the tenements, hered+taments and appur~ances thereunfo belonging or in anywise appertaining ihereto, and sll reMS, iuues, :,•oceeds and profits aaru~ng a~xf to accrue from said premises, a~! ef which are included in the above and fwegoing dexription snd habendum. ; TO HAVE AND i0 HOID the a5ove described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And tM said ~RTGAGOR for heirs, executois, administrarors and assigns, hereby covenanls with the said MORTGA6EE, its sutteuors sod auiynf, ~ the are IawSvlly s?~zed of the sa~d premises in fee simple; that the same are free, dear and dixharged from sll liens and encwn- - ~ ~rarces in taw or in equiry, and that__~I'lE;L_ will and t hgir heirs shall warrant snd defend the tiNe to the tame to the s~id ~ .tORiGAGEE, its successors and ass~gns, fwever against the lawful daims and demands of al! pe~soos; PROVIDED, ALWAYS that if the MORTCaAGOR shatl pay unto the MORTGAGEE the promissory note hereinbefwe deuribed and shall truly, promptfy ~ ~d fuf~y perform, d~scharge, eaecute, comp~ete, comply with and abide by each and every the stipulstions, agreements, conditions a~d coven~nts ol said ~ ~o:nlsswy note and of this Mortgage, then this Nbrtgage and the Estate hereby created sha~l ceax and be null aod void- ~ IT IS UNDERSTOOD that the word "Mortgagor" whe~her in the singular o~ plural anywhere in this Mortgage, shall be singular if w~e only and ~ s~.aii be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shall be takm to mean "his;' "hen;' ~ u `~ts;' wherever the context so imp!ies a admits. Aiso, that wherever there is a reference in the covenants and agrcements herein tontained to any of s ~ •~e parties hereto, the ssme shall be construed to mean ss well as Ihe he~'rs, legal rep?esenratives, :uccessori and assigns (either voluntary by act of the r> ; art~es or involuntary by operation of the !aw) of the same and that the covenantz herein contained shall bind and the benefits and advantages inure ~ ro thr respeuive heirs, legal representatives, successors and asrgns of the parties hereto. ~ And said Mwtgagors, fw themselves and their heirs, Irgal representatives, successors and assigns, hereby jointly and severally covenant and sgree ~ ~o and with the sa~d MORTGAGEE, its successors and assigns: ~ 1. To pay all and sirgular the principal and interest and the various and sundry sums of mo~ey payable by virtue of said promissory note, and this ~ ,-,ortgage, each and every, promptly on the days respectively the same severally becane due. ~ ~ 2. To pay all and singvlar tiro tazes, assessments, levies, liabilities, obligations and encumbrarxes of every nature and kind now on said dewibed ~ ~ uroperry, or thst hereafter may be ~mposed, suffaed, plated, ievied, or assesud thereon, or that hereafter may be levied a assessed upon this MortQ- age, or the indebtedness secured hereby, exh and every, when due and payable, accordi~g to law, befwe they become delinquent, and before any interest ~ >~~..ches or any penalty is incurred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALI BE PROMViIY SATISfIED AND DISCHARGEO OF ~ R~CORU AND THE ORIGfNAI OFfICiAL DOCUMEh1 iSUCH A5. FOR INSTANCE, TME TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENOORSED ~ UR CERTIFIED) SHAIt BE PLACED IN THE HAhDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT Af1ER PAYMENT; and i~ the event tF?at any the~eof is not ca~d, saYsfied and d~scharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving w affecting any option, lien, equity or ~P ~~qhr vndef or by v~r.~~e of th~s mortgage and the full amount of each and every such paymeM shall be immediately due and payabte and sha~l bear interest j-~ •t _ r~ a ci *are of n~ne per centum per annum and together w~th such interest shall be secured by the lien of th s n-.c~g~sge. ~ ' - - - - - . r :3 ~ ~ '~5 ~ ~ 'f a„ ~ ._~~r••^,,~ ~°~.w-~- ~ ~ - .~S . ~ ~~~aa~~'`d,"~-~:g.~~~'~ + 1~...,~ . . . . . y..r .