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HomeMy WebLinkAbout1117 - W ~ . 29~Q02 THIS InDENTURE. Mad~ ~he 9th day of Ja?nuary _ n.o. ~9 ~5 betweer~ Dan D. Decker and l_ois B. Decker, his_wife of ~ uC e Counfy Flwida, hereinafter deiignatcd a~ tM "MORTGAGOR," snd fIRST FEDF2Al SAVtNGS AND IOAN ASSOCIATtON OF FORT PIERCE, a mrporation orpanizcd and existing undsr IM lawt of 1M Un~ted Ststas of America and having iri pr~nuP+~ P~ace of business in tFw City of Fw~ Pierce, 5t; lucie Cou~ty. Fbrida, herei~aiter desig~ated ai the "MOR~GAGEE: ' WHEREAS tM MORTGAGOR ia juatly indebttd to tFw MORTGAGEE in the sum of =~5 good anu lawful rt+oney of the U~ited S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certam promissory note oi even date herew~th, oi wh~ci. tna to~Eawir:~ in sor~ssanc~~tr.s 1~• true copY. to-wit: ~ (X)U ~)V 110002'79 Fort Pierc~. F~a~a,. January 9, 19 75 Fa value rece+ved, 1, we w either of us, promiu to pay, without defaltation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATtON OF FORT PIERCE at Fwt Pierce, Florida, the sum of S 15 w~th interest from date at the rate ofg~L+°Ye {xr an~um, in monthly install- :~ents as follows: S 143•~ on the 20thday o{ Rebruarv , 19 75 and a like sum on the correspond~ng day of each month there- afrer unfil the whole be fully paid. Each i~sta;lmcnt first shall be applied in payment of the interest and then on 1he unpaid balance of the princ~pal wm. If default is made in the ; ayment of any installment when due, and such default continues 30 days, the~ at the option of Ihe holder, and without eny other notice, all the remaining ~~~sfallmenfs sha11 be due and payable at once. Privileqe is g~ven to prepay this note In whole or in pa?t at any time wi~hout pena~ty. Neither iorebearance, nor acceptance by the holde~ thereof aiter any default in any payments hereon, shall be deemed extension. A late payment tharge of S-2•.~.~-. ahall be ' added to each installment remaining unpa~d 7 d+ys after its due date, and a tike sum shall be added to each such ina~allment ~emaining unp~id 7 days after # each succeeding payment date. ; Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and funher agrees to any extension of time of payrnent, either befwe a after maturi~y, witiwui no?~ce to any a( ~s; a~.d ta pay a!! casts of co~l~~en, ee±dud~ng a reasonable attorney's Fee in the event of a~y default hereunde?, and hereby severally waives all benefit of homestead and exemption u~der the conslitution and laws of each State of the United States, as against this obligation w sny extension or renewat hereof. Witness the hand and seal of each party. S/ Dan D. Decker eseA~~ . ' . (SEAU ` • S Lois E. Decker ~Ai~ ; ~ $ 22. 50 ~ State Revenue ~U ~K~G~L ) NOW, THEREFORE, the MORTGAGOR for tF~e purpox of securing payment of ssid aum of i 7~~-. and the ptrformsnce of ths covenants and ag~eements hereinafter expressed, and for d~vers good and valvabfe conside~ations, by theu presents, does grant, bargain, sell, remiu, release, convey and con ~'[r~ untQ the MORTGAGEE, its successws and assigns, all that certain lot, piece or parcel of (and, iituate, lying, and being in the County of `~i • LuCle ~nd Siale of Fiorida, desuibed as follaws: The West 100 feet of Lots 21 and 22, Block 13, REGINA PALMS SUBDIVISION, as per Plat thereof recorded in Plat Book 4, page 82, public records of St. Lucie County, Florida. i / I , ~LSi~ . ` ~ ~p ~ U ' ~~~ti ~9_5 ~ r a~ - ; ~ p•M N~ ~ E ~ ' "~-v ~ ~ ~qnrort a~ , j~ ~~rurcie~ r~aso~ut. E ~D Op` ~•~t~~' ~,~5\~_%:~~~ OIE ON'GJ1SS'C ER 71•134, ACTS ~M 197L t ~ ~ ;~a~ pURStIANT SO CFIAPr n, ? ROGER P01TMS ~ ~ ~ s ~ ~ . 6 d' eg-, p~ qRqtti OOU~1T, 9T. W61E ~d.r f1~ f ~ ~ << ~ ~ ~ ~ t ~ ~ ~ i ~ together with all and si~gular the tenements, hereditaments and appurtsnces thereunto belonging a in anywiu appert~ininp thereto, and sll rents, iuues, : proceeds snd profits accruing and to acvue from said premises, all of which are included in the above and fwe~ang dexription and habendum. i TO HAVE AN~ TO HO~ tF?e above desa~bed and granted premises uMO the said MORTGAGEE, its succeuors and ssigns forever. Md the s~id y ~ MORTGA R ra ~_their executors, administrators and assigns, hereby coveruntt with the said MORTGAGEE, its successon +nd +ssi9~s. ' ~ t~°e ar e ~ ~hat ~awfully seized of the said premises in fee simple; that the same ~re free, ckar s~d discharged from all liens and encum- ~ brances in law a in eqvity, and that they will snd their ~11 vvarrant ~nd defend the title to the sarrw to the s+id MORTGAGEE, iti successors and assigns, fwever against the Iswful clsims and demands of sll persons; ~ - PROVIDED, ALWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the promissory r+ote hereinbefote described and shall truly, promptly ' and fully perform, diuharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, to~ditions and cwenanb of wid promissory note and of this Mwtgage, then this Mortgage and the Estete hereby ueated shall cea~t and be null and wid. ~ IT IS UNDERSTOOD that the wwd "Nbrtgagor" whether in the singular w plursl anywhere in this Mwtgsge, th~ll be singulu if one only snd , ~ shall be plural jointly and aeverally if more than one, and that the wwd "their" ai uxd snywhere in this Mortgsge shall be taken to mesn "his;' "hen," ~ ~ s;,= or "its;' wherever the context w implies w admits_ Also, that wherever ~here is • refererxe in the covenants ~nd agreements herein contsined to ~ny of rhe psrties hercto, the same shall be construed to mean as well ss the heirs, legal representatives, successors snd Assigns (either volumary by act of tht ~rc ` parties a involuntary by operation of the Isw) of the sart+e and that the covenants herein cont~ined sF?all bind and the benefits and adv~nq~es inw~ ~ o ~ ~ ro the respective heirs, legal representatives, succeuors and su~gns of the panies hereto. ~ ~ And said Mortgsgors, for thcmxlves and their heirs, legal repreuM~tives, succeuors snd assigns, hereby jointly and severally tovenant ~nd apree ~ ro and with the ssid MORTGAGEE, its successors and +ssigns: ~ ~ ~ ~ 1. to psy all and singular thc principal and imerest and the various and sundry sums of money payable by virtue of ssid promissory note, ~nd this ~ ~ mortgs9e, esch and every, promptly on the days respectively the same severally become d~e. ~ 2. To p~y ~II and singula~ tF~e tsxei, assessmenn, levies, liabitities, obligstions and encumbrances of every nature snd kind now on said described property, or that hereafter m~y be impo~ed, suffe?ed, plated, levied, w assessed thereon, or that hereafte? msy be levied w useued upon this Mwtp- ~y ~ age, or the indebtedneu secured hereby, each and every, when due +nd payable, sccording to law, befwe they become delinquent, ~nd befo~e any imerest atraches w any penalty is incurred; ANU INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND OISCNARGEO OF ~ ;~s RECORO AND THE ORIGIhAI OFFICIAL DOCUMENI (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED M~ `=4 OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event thst sny thereof is not ~ paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same o? any part thereof without wsiving w affetting any optio~, lien, equity a •~qht under or by virtue of this mortgage and the full amount of each and eve~y svch payment shall be immediately due and payable ~nd shall bear interest ~ ~rom the date thereof until paid ~t rate of n~ne per centum per annum and together w~th such interest shall be secured by the lien of th:s mor9ta~e. - ~ ~ ~ _ ~ . .