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HomeMy WebLinkAbout1423 ~oog~4 ~ ~ THIS INDENTURE. Mad~ tM_ 8th day oi _ .T~' - A.0. 19 74 be~weee _ TQm ~lyric~~ and Sallie ~tae ~tvric~., his ~?ife of Ct ~~11C~Q COUr,fy Ftw~d~, Ixra~nafl~r dcsyna~ed a~ the "MORTGAGOR;• and• FIR~T fEUERAI SAVINGS Af:O LOAN aSSOCtAT10N OF FORT PIERCE, a m~pa~l~an wpanized and exish~p undar th~ laws of tM Un~ted Sut~s of Amsri~a and Mving iti pri~cipal pt~ce of b~s~nsss in the tity o( Fal P~erce, St. lucis County. Flaid~, hercinafter designated a~ iM "MORiGAGEE:' WHEREAS tM MURTGAGOR is justty indtbtad lo tits MORTGAGEE in the sum of S 4~0. good u+d lawful money of 1!~e U:~~ted Sr~trs adrancrd by ths lAOR1;iAGEE umo the MORTGAGOR, as eY~~k~xad by r.e~ta~n promiuwy note o( even d~te he~ew~~h. of wh~ch the (olloa~ng in ..o~ds snd figures is a uue copy, to-w~~: t 4.000.00 ~ I002 79 Fo.t Pie:cs, Florida. _~~Y --~9-~- Fo~ vaive received. I. we ot cithe~ of us. promise to pay, wi~hout dcfalcai~~n, to ~he ordar of fIRST FFDERAI SAYl1~FGS ANQ lt~i-'+ A`•SO~IAilON uF ~;`~i PIFRCE o~ fort P~erce, Fb~ida, ?he sum o! 5--4s-~~~-00 N,i~ «;~~•Irst (rcm datr .+t ~ha rata of _9 7~ pe~ r~r,c.i~, ~n ~non~hly 7nua1!- ~•-~~~T dS fG~'aws: 5-~~-~~-_-_ on ~F+e ?Oth day of AuQ~St l9.7'a and a likc sum aw the cwres.~cr.ding day of each mooth thc~r~ ,s,cr w~1il the wFw!e oe fupy pa~d. Each ins~a4lment f~rst shall be app'ied in paym.,nt of the iNerest and then on the v~prd ba~snce af thr µrinupaS sum, li default is msd~ in the ~.~,~~i:nt of a~~y insta~lment wh~n due, and ~uch dcfau:r continues 30 days, 16ea at rhe ~~ia~ of the hc:Jer, and with~~1 any other ~otice, all the remaining •.sr~I~ments shail ~ dur and payab:e at once. Privile3e is g+vrn to prepay this rata ie whole or io pari st any t:me withou: psnalty Neither fo~ebsar~nco, : o. acceptance by ?he holder tFureof aftrr any defeult in any payments hereon, sha:t be deer.~ed ex~ension. A late payment cMrge of S_~-, shall be i-d to each :nstafin~nt remainiig ur.pa~d 7 days after its dw date, and a ii?e wm ahal! be addrd to each such.installment rema~ning unpa~d 7 days afte~ ~ ,ch sutteed~ng payment c~aro. Eatl~ maler, s~rety and end.ustr hereof, jo~ntly and severeliy, wa;vea de~na~~J, preuntment protest and notice of proteat fw na~paymenl, ~nd furthe~ •ces to a.~y ea~ensiw~ of t,me of paymem, a~ihrr brb~e o~ after matur~~y, witbuu~ not;ce to any of us; and to pay aU costs of coitedion, includ~ng a .;c~~abte arraney's fre ~n the evenr oT any de{au:e he~eunder, and hereby seYeraily wa~ves alI benefit of homestsad and exemption under the constitution .,i +aw•s of eech S~ate of the Un~ted Stasrs, as aga~na! !his ot?~gation o? any eztension or rene~val hereof. Witness the h~nd and seal of each parry. 8~ TOif ~ly Z 1C~C (SEAU (S~?U s/ Sallie Hae ~tyrick ~,U cs~JU1 _~`6i00 ) Srare Reven~e !t~~eTp~~CMKl~ld~R~^OrR,~i~Fdf TO~!'~ NO'J!, THEREFORE, t}~e MORTGAGOR for the purpose of sccuring payme~t of sa~d sum of S 4~~~.0~ snd the performa~ce of the co.enants and agreemenrs hcre~ne(~er eip~essed, and for d~vers good and valuable cons~drrations, by these presents, does grsnt, barflain, se~l, remise, _.c~ie, c.xwey and conf~rm unto the MORiGAGEE, its succeasors and assigns, all t~a~ ce~tain io1, piete w parcel of I~nd, situate, lying, and being in the Cc~nty of St__Ll1C 1@ _~nd State of florids, desc:~bed as iollows: Lot 11, Block A, ~RA~4BACH'S SUBDIVISION as per plat thereof on file in Plat Book 7, page 36, public records of St. I.ucie County, Florida, ! STAT~ ~F ~L.Of~F2iD~> 1 ~ . Y~%s~: a_ SjH~_~ t O DOCUMENTAR . - , =O pEr I. UF ?EVE"iuE ' ' : OF ~ ' f _ =c,~'s 1 Iti PAYMEt(1 t~ Y ~ Q 6. ~ 0 ~ iL1L PRO'ERt _ .vL-S'lt L ~ . RECEIItE~ ~ R9('' yy~[ ?~TpptGIBIF ~ p~E OI. CIJSS [ER 71-134. II~jS ~ 131.• ~ i ,Fe-z+ i ~ ' ~ • o - p~p5~1NT 10 ~N ~~IE CA.• ~ ~ CIRG1{T ~=.actF.er wiih aU and air+gular the tenements, heredltaments and appurhnce~ thxeonto belooging or in snywiu appertsining thereto, ~nd dl re~b, iuves, .•oceeds and prof~ts a:uuir+g and to accrue from said prem;xs, sll of which are included in the above +rd fwegoirg tiescriptan +nd habendum- TO HAVE ANU TO HOID the above descnbed and granted premises unto the said AAORTGAGEE, its sutcessors snd auigns fwever. And th~ said their ~,:~RiGAGOR fw ~~~s, executws, administrators and auigns, hereby covenanls with the s~id MORTGAGEE, it~ svtcessus +nd ~s~ipm. thP~L___-- Iav„f~ily seized of the said prcmises in fee simple; that the same sre free, ckir s~d dixharged from ~11 liens and at~cum- ~ r,::cas in law or in equity, and that they will and~ the1L hein shall w+r?aM snd ~Jefen~i the title ro the s~me to the ~aid "`?^.TGAGEE, its svccessws and asslgns, forever against the lawfvl claims and demands of all persons; ~ PROV!DED, AlWAYS that if the MORTGAGOR shall pay umo the MORTGAGEE the prom~ssory note heroinbefwe described arsd sFNI! truly, promptly ~-1 6,,liy perform, d~uharge, e:ecure, complete, comp~y with and ab~de by exh and every the stipul~tions, agreemenri, conditiau and corenanb of said ~ _-~,:sory note and of this Mo:tgage, then this Mongage and the Estate hereby vested shall ce~se and be ~?ull and void- dd ~ IT IS UNDERSTOOD that t!x wwd "Matgagor° whethcr in the singular a plural snywhere in th~s Mortg+9e, shall be singuiu if one only ~nd :~a:l be plur~l jointly and severalty if more than one, and that the word "theii' as used snywl~ere in this Mwtgage shall be t~ken to mesn '"his," "hen;' ~':ts." wFxrever tF.e conteat w implies u admirs_ Aiso, thst wherever there is s reference in the toven+nri and sgreernenls herein contained to am of -re parties here~o, the same shall be construed to mesn as well as the heirs, legsl rep~esentatives, successon snd asigrn (eitF~er vduntary by scf of th~ : a•e:es or invotuntary by operstion of rhe law) of the same and that the covenants herein conhined shall bi~d •nd rhe beneffn and sdvanNges iMn~ : the respect+ve hehs, legal re{xexntatives, svcccssws and ass~gns of the parties hereto. ~ A„d sa:d µo•~gsJo.s, for themselves and ~heir he~n, legal representatives, successors and assig:n, hereby jointly and severslly covenanl and ayree a~+d witF? tf+e said MORTGAGEE, its successors and ass~gns: ~ 1. To pay all snd singular the printipsl and interest and the variovs snd su~dry sums of morxy psyaWe by virtue of said promissory note, and this ~crtgape, exh and every, promp+ty on the days respect~vely the same severally become d~e. 2. To pay all and s~ngular the taxes, assess.ments, kries. ~iabilities, oblig~tans s~d encumbrarxes of every nahxe and kiad now on s+id de~vibed properry, w thar Fxreafter rr.ay be ~mposeA, wf(ered, placed, levied, w as~esud rhereon, or tMt herealter may be levied p assessed upon this Allort~- age, or the i~debttdness secured Feereby, exh and every, when due and psyable, sccording to law, befwe they becane delinqvenf, and before any interett ,~r~ches or any penalty is incurred; AND INSOFAR AS ANY iMEREOf IS Of RKORD THE SAME SHAIt 8E PROMPTLY SATISFIED AND DISCHARGED OF ~~CORD AND iME OR~GthAl OFFICIAI DOCWNENT (SUCH A5. FOR INSIANCE, THE TAX RECEIPT Ok THE SATISFACTION PMER OFFICIAIIY ENDpRSED CERTIf1ED) SHAiI BE PLACED IN THE HANDS OF S~?ID MORiGAGEE WIiHIN TEN OAYS NcICT AFTER PAYMENT; ~rd in the event thaf soy thereof a no1 ; a d, sat sf~ed and d~scharged sa"d MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity or •~,ht :,~der or h: ~~~~~e of tti~s ~*wrrgage and the fu~l amovnt of each and every such paymeM shall be immediately due and payable and shall bear interest .--e ~'~'c of nine per cent~m per m~um and togNher w~th wth interest shall be setvred by fbe lien ef th s Torg.=g. ~ -.-.r-~ ;.irg ,Frw; - ~ r - ~s~~,.` - ~ _ - +"r'i-" ~.-'3 _ _ _ . ~ ~ _ r','... _ .a