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HomeMy WebLinkAbout0234 ~~/~.l - ~~.t'~ C, /"~~t;: ' ~ . 3o~~.s - . THIS INDENTURE. Mads the 4th day of ~YCTI - _ A.p. 19~, between ~ilton Patrick Jr. and_C~~a~.dr~ ~._~_~r~~, hi.a.vrife of `St • ~+uCj~ Loun"ry Fiwioa, nereinaiiei u'e'siyi~'sscu o' ":e f:ti^,°7~!A~^~,• c~o~i ccncgsl c4~/ItJ(:$ ANO IOAN ASSOCIATION OF fORT PIERCE, a co~paation wy~ni:ed and exi~tinfl under ffie la•,~vs of+the United S~atos ofvAmerica snd having iri pri~cipati plac~ of :..;nrest in the Ciry of fon Pierce, 5~. lucis County, Ftwida, hereinaher desiynated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is juslly indebted to the MORTGAGEE in tF~e a~n. of S. 16_~8~• , good and lawiu~ money ot the United , ~~ates advanced by the MORiGAGEE unto the MORiGAGOR, as evidencrd b/ a cer~a~n promissory no~e of even date herewiih, of wh;ch the followiny in ;.o•~s and figures is a true topy, to-wil: ~ s_ 16 , 800. 00 No 10021208 ; Fo~t Pierce, Flwida, arch 4 ~q~_ fw value received, I, we or either of ~s, pfom~se to pay, without dafalc.,uon, t~ the order of fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF :`zT p~ERCE at Fort P~e~ce, Florida, the sum oi i-~~s+-QQ~-~Q----- W+~h ~n!er~st irom date at ~he rate of 9• 2~ p~? annum, in monthly inslall- •+~s as fol!ows: S1S~sOO__ o~ i~ __?Ot~y of A r_.~ i~____ 19__7~_ and a like sum on the co~reapondiny day of each month there- ..•~.r vnul ~he whole be f~lly paid. Eath insrallment first sha~l be applied in pay~nent of the interest and then on the ~nE~aid batance of the principal sum. If default is made in the ' ,•,ent of any insta:~ment when due, erd such default cominues 30 days, then at the op~~on of the hoEder, and without any other notice, all the remaining ,r~liments shall be due and payable at once. Privilege ia givan to prepay lhis nate in whole or in part at any t~me w~thout penalty_ Neither forebearante, ~~cr acceplance by the holder fhereoi afrer a~y defau~t in any payments hereon, ahall be dremed extension.. A late paymeM charge of S- shall be i ~ i:d ro each insrallment remaining vnpaid 7 days after its due date, and a Gke sum shatl be addad to eat4~ such installnient remaining unpaid 7 daya after ,ch succeeding payment date. Eech maker, surety and endorser hereof, joimly and severally, waives ~emar.d, p~esantment protest snd notice of protest for nonpayment, and further ~:r~-es to any ex!ension ef h~r.e o) paymero, either beiare or after mat~rity, wirl,out not~ce to any of us; and to pay all coats of co(lection, induding a ~•~onable attorney's fee in the evcnt oi any default hereunder, and hercby severai#y waives all.benetit of homestead and ezemption under the tonstitution ~'aws of each State uf ~he Urtited States, a: ac~alnst this obligation or any e:tens~on or ~enevfal hereof. Wit~ess the hand and sea? of each party. ' • ~,~;~E p ; , . ~,~3S1Milton W. Patxick Jr. ~nU ~ • ~ : ~ . , s/Cassandra L. Patrick ($EAl) 3 (SE~?U ; _ S25' 2O _j $tate Revenue _ ~aryar sawNlbd a sr~iginaLwoar~ NO'N, THEREFORE, the MORTGAGOR for rhe purpose of securing pavment of sa~d sum of S 16 a 800• and ~M performance of fhe ~-::enants and agreemen~s hereir.after expressed, and fw diiers good and vatuabte tonatderations, by these preseMt, dces grant, ba~gain, se~l, remise, -.,se, convey and co~firm ur.to th4 h'.ORT(3AGEE, its s~ccessors and asaigns, a'i that certain tot, piece or partel of land, situate, lying, and being in fhe ~ovnty of _ St. Lueie _ , and State of flcnda, described as follows: Lot 10, Block MARAVII.LA PLAT,A, as per plat thereof on file in Plat Book 5, ; ; page 44, of the public records of St . Lucie County, Florida~ x ; ~ ' i l ~ _ ~ p 3 ~ ~~21~ ~ 1 = . , > s /~V~~,M% ~ - ~ ; ~~Pq~ d~;,-j5 i~ ZO ; ; ~ , ~ vPT~E%t,~f ~~t' ~ . ~ : r ~0;; ~F RE 1~~~~ . t y r _ UF F` i, ~':i:' y ~ . j ~,-Z r i f_ C ~ i g c: 11'~ ` Fg ~ iaG M 'l ,~r~ , Q ~ ~pR oF t~s ~ ~ • ~ROPfRh• ~ ~ ~ ~ ~9n~~,~~ . ~ w~s+rwi ~or~w?s ~ pEp1( CIQd? Si. UlC1E ~ ~ ~ ~ • ~ ~ % ,caetFer with all and singular the tenements; hereditaments and appurtances thereuMO belonging w io anywise appertaining thereto, and all tents, iuues, :~oceeds and profits accruinq and to accrue from aaid prem~ses, all of which are included in tlx sbove and foreyoing deWiption snd habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its sutceswrt and assigns fuever. And tM NFd - OR?GA OR for ~-hQ~lY heirs, executors, ~dministrators and assigns, hereby covenants with the said MORTGAGEE, iri svcceuws snd sssipro, ~ : ' t~hey are ' •-,~r lawf~lly seized of the said premises in fee simple; that the ssme are frre, cle~r snd discharged from sll liens and enc~en~ - ::rances in law or in equity, and that t PV - witl and their heirs shall wa~rant and defend the title Io the ume to the wid F •.:~RTGAGEE, its succesaors and assigns, forever against the iawful claims and demands of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note herei~befwe described ~nd shall trvly, promptly ~ , d fuliy perfo+m, d~xharge, execute, complete, comply with and abide by each and every the stipulations, sgreemenis, conditions and covenants of taid :~~Isswy note and cf this ldortgage, then this Mortgage a~d ~he Esrate hereby ueated thall cease ~nd be null and void. ~ IT IS UNDERSTOOD fhat the word "Mwtgagor" whether in Ihe singular or plural anywhere in this Mortgaye, shsll be sinyulsr if ot~ only and ~Q~ ~ sF:al! be plurol jointly and severally if more than one, and that the word "their" as uud anywhere in fhis Mwtgsge shall be taken to mean "hii;' "hen," ~d70 _"its," wherever the co~tex~ so impGes or adm~~s. Also, that wherever therris a ro(erence in the cove~ants snd egreemenri herein contained to eny of ~ '~e parties hereto, the same shall be consfrued to mean as well as the heirs, legal reprexnt+tive~, successon and asiigns (either voluntary by act of tM oarties or imoluntary by operation of the law) of the same and that the covensms herein contained shall bind and the benefits snd ~dv~Mages inur~ : ~o the rospedive heirs, legal represematives, successws and aas'g~s of ihe psrties hereto. ~ And said Mortgagors, for themselves and tneir heirs, legal rcprountatives, ivccessorf and assigns, hereby jointly ~nd wverally covenant and ayree ~ +o and with the said MORTGAGEE, irs succe:sors and assigns: ~ 1. To pay all and singvlar the principal and interest and the variovs and sundry sums of money payable by virtue of said promissory note, and this -.crt9age, each and every, promptly on the days ?espectively the same teverally become due. - 2. To pay ell and si~g~lar the ~axes, assessments, levies, I~abilifies, obligations and encumbrsncet of every nature and kind now on a~id described ~ property, or thst hereafter msy be imposed, suffered, placed, levied, w aucssed thereon, a that heresiter may be levied or assessed upa? this Marty- ~~=:i ,ge, or the indebtedness tecured hereby, exh and every, whe~ due snd payable, according to law, before tFxy becorne delinqueM, and before any interest a~reches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF <a:, ~~CORD AND THE ORIGIhAI OFFICIAI ~OCUMENT 15UCH AS, FOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED CERIIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that sny thereof is not - , a.d, satsfied and d~scharged ta:d MORTGAGEE may at any time pay the same or any part thereof without waiving or affectiny any option, lieo, equity or ~^=a •~yM under w ty virtue of this mortgage and the full amount of each and every such paymero shall be immediately due and paysble and sh~ll bear interest '•o~•, the ~fate th..reef ~n!~I na d a! rate of n~ne per cent~m pe+ annum and toge+her w~th such interest shall be secured by ihe lien of th's morgtagr. ~~'z ~ :._r. . _ _ . _ _ . .