HomeMy WebLinkAbout2869 ~~5~3`~ ~G
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THIS INDENTURE,,IN~de the 1Sth day of A.D. 1974 between
Charles B. Burton, a singl~ adult -
of St T.i1C~Q County Florida, herein+(ter de~ignated as ths "MORTGAGOR," ard FIRST FEOERAL SAVINGSr AND IOAN
ASSA.IATION OF fORT PIERCE, a corporat~on ag~nized and •xistir+y u~der 1he laws ~t( rM _Un~teti St~t~s Of Amttic~ and h+vinp iri principa) pl~tt of '
bus~net~ In tl+s City of fwt Pierc~, St. lucie County. Florid+, hereinafier designated as 1Fw "IN~RTGA~'aEB.'
24 5~~ ~ and lawful money of the Un~ted F
WHEREAS th~ MORTGA;'sOR i1 justly indebted to 1M MORiGAGEE in the surn of 90~ ~
Siatei adwnced by Ihe MORTGAGEE umo the MORTGAGOR, as evide~crd by a certa~n promiuory nole oi even dete herewith, oi which the followinp in
words ~nd figures is a true copy. to-w~t: ~ 1~2~~2 ~
s 24 ,,,,~00.00
Fo?f Pieres. Fiwida. `~~@ 18 1974 ~
fw value received, 1, we or either of us, prom~se to pay, without defalcaeion, to the order of FIRST FEOERAt SAVINGS AND IOAN ASSOCIATtON OF ,
'jA 5~0~ ~ ~ 9~ s r annum, i~ monthl ~nstal6 °
~:;2? PIERCE at fort Pierce, fbrida, the sum o! N~+ ~+~~!erest iran date at the rate of % p~ Y~
~~rs as 1oi!ows: S--Zis~ ~ o~ tha2~h day of. '1uly 19 74 aad a iike sum on the cwresponding day of each month there-
a-trr until the whole l~ fully paid. ~
Each instatlment first ahall be ~pp~~ed in PaVment of the interest and ther. on tne unpaid balance of the princ~pal sum. If de(ault is made in the ~
;.~,rne~t of any insta~~m~nl wFxn dut, and such default continues 30 days, lhen at the option of the fiolder, and without any other notice, all the remaining ~
~-~sralimenrs shall bs due and payabfe at once. Privilege is givrn to prepay this note in whola or in part at aoy tirtw w~the++t pena~~Y• Ne10~75~„+~•
nor acceptance by the ho~dr+ thereof aire? any defautt in any payment~ hereon, shal! be deemed extension. A late payment cha~ge of = sha~~ be
:uJrd to each instaflment remaining unpa~d 7 days after its dve date, and a tike wm sha11 be added to each such instaliment remaining unpaid 7 days afte~
each sutteeding payment date.
Each ma4er, surety and e~dorser he~eof, joinlly and severalty, w•a~ves demand. present~nent protest and notice of protest fw nonpayn+ent, and further ~
a~rees to any eztension of time of payment, e~ther b~fore or after matur~ty, without ootice fo any of us; and to pay all costs of cotlection, indud~n9 s
<<.,sonable attwrtey's fee in the e~ent of any defautt herr~nder, and hereby severally .vaives all benefit of Fwmest~ad and e:ert~pt~on under the constitut'an
~d ~aws of each S~ate of the United States, as egainst this ob~igation w any eatensio~ or renewal hereof.
Witneu the hand and seal oF each party. s~C}~YleB B• B11ZtOI1~ a single ,~,¢1}Lt
~~~~r
cs~?u
csEwu
(sEwU
~ $3f1.75 ~ State Revenw: •
;S!er~ sa~a~Ma1~n afgirwF~nue) .
24 s 5~ end the rformance of ths
NO`N, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S P~
covenants and sgreements hereina(ter expressed, and for div=rs good and vaiuable consideratio~s, by these presents, does grant, bargain, tell, remise,
re:eese, convey and confirm unto Ihe MORiGAGEE, its succeasors and aaaigns, al! that certain lot, piete ot parcel of land, situate, lying, and being in ths
Counry of St • 1'uCi@ and State of Flo~~da, described a~ follows: d
Lot 3, Block 3215, PORT ST. WCIB, BLrORBS?A PINBS UNI? 1, according to the plat ~
thereof on file in Plat Book 16, Page 35, of the Public Records of St. Lucie County,
Florida, ;
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~ ~j~~, ~ A ~~tia~_~ y~ ~ • tN PAriENT OF TA~S
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~r o~,Q O!E ON CLIISS'C ttITMIGIBLE PE4SOR1t PR~f.RiY.
~ b. ~ ~ e. pURSl1M1T Tp CNAP~ER 71-13~1. ACiS OF 1911. .~l ~
`uy-~- s' ~ 4;~^2 NOGER POITRAS ~
~ CIERK GNq1R OOURt, ST. LUCIE 00, FLA ~
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rc~ether. with all and singuiar the tenements, hereditaments and sppurtsnces thereunto belonging a in anywise appertaining the?eto, and al) tentf, issues, ~
croceeds and profin saruing and to acvue from said premixs, all of which are included in the above end faepoing desviptia? +nd h~btndum•• ~
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TO HAVE AND TO HOLD the above described and granted prem~ses unto the said MORTGAGEE, iti successas and sss'~gns forever. Md tM ~aid
',~,,RTGAGOR fw his ~~~s, eaecutors, admin3strators and assigns, hereby covenants with the said MORTGAGEE, iri s~ccessws +nd ~ssiyro.
.:,3t _-_11@-~~--- lawfully seized of the said premises in fee simple; that the same sre iree, clear snd dischsrged from all liens and ~ntun?
~ c-3nces in law or in equiry, and that he will and bi8 hein shall warrsnt aod defend the title to the same to ths s~id
.'pRiGAGEE, its successws and auigns, fwever against the lawful claims and demands of all persons;
~ PROViDED, ALWAYS that if the MORTGAGOR shail pay unto the MORTGAGEE the pranisw?y note hereinbefore dewibed snd sF~all t~uly, promptly
o-d fully per(orm, d~xharge, execute, comp~ete, comply with snd abide by eath and every the stipvlations, ~greemen?~, condiYans and to~en~nb of said by~
ro~,~ssory note and oi this Mortgage, then this AAo?tgage and the Estate hereby created shal! cease snd be null and void.
IT IS UNDERSTOOD that the word "Mwtgagw" whether in the s~ngular w plural soywhere in this Mwtgsge, shell be singuiar if one onty +nd
~ shail be plursl joimly and severally if more tban one, and that the word "their" as used anywlxre in this Mortg~ge sMll be taken to mesn "h~," "hen;'
"its," wherever the conteat so implies or admits. Also, that wherever there is s referente in the covenants ~nd ayreements herein contsined fo any of
~ •te parties hereto, the same shall be co~s~rued to mean as wetl sf the heirs, legal rep~esentatives, successon and auigns (either voluntsry by acf of th~
cart;es o? involuntsry by operation of the law) of the same a~d that the covenantt hcrein contsined shall bind ~nd the benefits ~nd advantages inw~ ~
•o the respettive heirs, legal representatives, successors and su'gns of the parties hereto. ~
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And said Mw~gagors, for themselves and their Froirs, legal representatives, successo?~ and suig~u, hereby jointly and seve?ally covensnf +nd ~gree
~ ~o and witF~ the said MORTGAGEE, its successo?s and assigns: ~
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l. To p+y ell and singular the principal and interest and the variovs and sundry wms of money payable by virtue of said promissory note, and thi~ ~
~ ~^ortgage, each and every, promptly on the dsys respectively the same severa~ly become due. ~
~ 2. To pay s11 and singular the t~xes, assessme~ts, levies, lisbilities, obligations and encvmbr~nces of every nature ~nd kind now o~ uid described ~
property, a that hereafter may be imposed, suffered, p~ated, levied, w assessed thereon, w ihat here~fter m~y be lev'~ed or usessed ~rpa~ this 1Nort¢ _
age, a the indebtedneu secured FKreby, exh and every, whe~ due and payable, xcording to I~w, befwe they becan~ delinquent. ~~d before any i~terqt ~
a+~eches or any penalty is incurred; AN~ INSOfAR AS ANY THEREOf IS Of RKORD THE SHAIIE SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF
' 4ECORD AND THE ORlGIhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAnCE, THE TAX RECEIPT OR THE SATISfAC110N VAPER OFFICIAIIY ENOORSED
x CR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF SAIO MORTGAGEE WITHtN 1EN ~AYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is no1 3
' oa~d, sat"sfied snd discharged sa'd MORTGAGEE may st a~V ~~me pay the same w any part thereof without wsiving or affecting sny option, lien, equiry or
` ~~;.ht ~nder or by virtue of this mortgage and the (ull amount of each and every svch payment shafl be immediately due a~d payable and shall bear interest
iro^+ ~he dare !he•eof ~nf~! ~,a d af .ate of n~ne per centum per annum ar.d together w~th such inte~est shall be secured by the lien of th s morgtage.
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