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HomeMy WebLinkAbout2740 . ~ t~~~0 . iHIS INDENIURE. M+de the 25Lh ^ d~y of _ _ M~YCh " A.D. 1975 betwc+n ' --James Greer and Betty~TQ-~Yeer. 11ia_ wif.g-- of ~'Jt L. jrl1C~@ CouMy Flaida, hereina~ter des:yna~rJ as the "A10RTGnGOR.'" and fIRST FEDERAL SAVINGS AND IOAN ~SSOCIATION OF FORT PIERCE, a wrporanon organi:cd ~nd ex~s~~ng under th~ laws o( ~he Un~ted S~atai of Amenca and havin~ iti principal pl~c~ of b~s~nets in the City o( fort Pierte, St. lucie Caunty, Flo~ida, herelnafter drsignoted as tne "MORiGAGEE." WHEREAS ths h10RiGAGOR is j~stly indebted to ~F~e MORTGAGEE in the ~~~r of S-S~ 5~• 9~~ and lawful moncy of the Un~ted ires ad~ancrd by the htORTGAGEE unro tl~ ~AOk(GAGOR, as e~:dcr<<d 6y a~.,, ~~~n prom~ssory nae o1 even date herew~~h, of wh ch Ihe follow~~y in ~.~•ds and f~guras is a t~ue copy, to~.it: s_ 8~ 500. 00 No...). 002, 2 34 _ Fort P~rrce, florida, MaZCh 25 ~q75 Fw va:ue re~e~+ecl, I, we or e~ihe. of us ~:o~n~se to pay. v.irhout de{a'..r•lo~~ +o ~±~e nrder ol FI{ZST FEDERAL SAVINGS AND IOAN ASSOCIATION OF '':i PIERCE at Fwt P,crce: ~:o~+da, the w~~i cf S-8.a-SOO.OO :,,r .~~s~ fro~n date at the rete of _Qa.Q:o pe~ annum, in monthly instell- - _ - ~e aa fol'o.vs: b1O8•-~ _ on th~?Oth__ d,~y cf , ly 75 _ and a like sum on the correspond~og day of each month ihere- + - i , _ untd thr whoie be ~utly ~,a~d. ~ Each insiali~r:ant fint shall be app~~ed ~n pa~mdnt of the inter~st and t~._,~ r:~ thr un~,a~d batence uF rhe prir.c+pal sum. If default is made in the . ..~iM 01 ar~y :ns!s~~rnent WfBl1 U.,@. 0~~0 w~n .i_: wi{ tU1~ir-vc3 ~v o-ys s: ~ ~ O~ :~C ~-'.7~.-'. :.'i•1~.~... s.... e.~6~. ..n~:~n ~II IF~w ~wmainir~ ~ ,'!:~:e~~ts shait be d~e and payab'e at once. P~i.~~rya ~s g~ _n fo prepay th~s note in wi~o!e o~ in part at any t~me without~penalty. Neither forebearante, + .~tceptance hy the holJer therrof aitrr any clzfaui! in any paymerts hcreon, she!' be dermcd eatens~on. A late payment charge of s S~4O_, shall be :_~.I to each ~nitaii~ ient remaini:xj ~npa~d 7 da,•s after irs due dete, and a!:e s~•., sn.,ll br added to ea:h such instaiiment remaining unpaid 7 days afier ; s~cceed~ng payment d~te. Each maker, surety erd 211U0!S2! F~zreof, ;ointiy and sevcraliy, v:e~ves cir^~s~~d, {=resenh*:ent protest and notice of protest for nanpaymenl, and furthe? ~ •s ro any entens~o~~ uf ~~~r.e of psy~,e•~t, e~?hr• t~elore ~r ,~h_~r mat~r.~ty, •xiti:wt .;,•.ce to any of us; an~! ta pay a!I costs of collect~on, includ~ng a ~ ~a6'e attarney's fee ~r~ tne evcnr uf ,~ny de!.,:~ er.~r~.it~, a:~d hereby s~ :+:•aily ,~,a~.es aH benefir of homestead and exemption under the eonatitution ~ ~ws of eath Sra!e of ~he Un•'ed Sta~•~s, ss ~~~~~~st +h~s cb~;~;ar,on o~ a~~y .:zrr~'s~e~ or renevial hereof. ! i . ~ V'Iitness the i~and ar.d seel of eath p~rtv ~ s/James M. Greer (SEAI) ~ . • iSEAI) t s/Betty Jo GreeY ~wu ; ts~+u 512.75 c.are RFYenue ~-rr~,y eaReeiled ~an e+w7?~sF nc+e) NO'~V, THEREFORE: ahe MORTvAC,OD for fhc . urpose of secvring payment ef said :~•n of s and the perfwmance of the ~ ,:._-,ants and agree~ne:~rs hertinaher expresseJ, and for d~ver~ ycod ard va~~at!e cons~derat~ons, by these presents, dxs gront, bargain, seli, remise, ~ :.:se, convey and ,on4.im unto tfie MOiti;;AGEE, its s~ccesso~s and asugns, ait :F+ar cerca~n lot, piece or parcel of land, situate, lying, and being in 1he .~unry of ____St. Lucie and State of Forida, desoibed as fotlows: Lot 5, Block l, REP4AT OF PALM GARDENS, as per plat thereof recorded in Plat Book ; ~ 12 , page 42, Public Records of St. Lucie County, Rlor ida ~ 3 ~c~.~ - - c.~~~c:/~ . 1 S ~ : STAT~----_____- . : ~ ~?~ut.tErJT~~~~ ~~-rJfi?;~~ ~ _ i:~ . : , ~ _ r~c YEVE:tiUc=~ STNMP rn p - P9. - `'~'~t'%~ ~°~v~-~'~ ~ ~ 4 0-...z ti=.~~~= I2. T5~ : } ~ ~ ~c~v~n . ` Ih PAYAlEK; u~ TA~=;; ~ ~ CLASS 'C' INTANGig1,E PER9Q(yAl PRf~PER~~ ~ ~ ~~ER 71-134. /ICTS OF 1971, ' ~ER PORRAS ~ ~LERK CIRq1R COUkT, SL !UClf (:0., Ft1t ~ s ~ ~ ~ ~ ~ ~c~erher with atl ar.d singu~a. the tenements, heredu~ments and appurtances thereunto belonging w in anywise +ppertainirg the?efo, and all rents, iuues, ;•cceeds and protfts accr~ir.g and to accrue trom said premises, all of which are inctuded in the above snd foregoirtg dest?iption snd habendum. TO HAVE AND TO MOID the above de~c*~bed and granted premines unto the said MORTGAGEE, its sutcessors and sssigns forever. And iM said :'~3TGAGOR for t-h-~~~--- heirs, executon, admin~s!raton and assi~ns, hereby covenants with the ssid MORTGAGEE, ib sutce3sws and aifiqm, ~ the are a• iawfu~iy se~zed of the said prem~ies in fee simple; ~hat the same are free, dear and discharged from ~II liens snd entum- --~nces in law or in equ~ty, and that_~P~}C_- will and _ ' h_lr _ heirs shall warrant and defend the title to the same to tfie said = ~RTGAGfE, ns successors end assigns, Forever agair.st the lavviul daims and demands of all persons; - PROVIDED, AlWAYS that if ~he M.ORTGAGOR shat! pay unto the MORTGAGEE the promisswy note hereinbefwe dewibed and shall fruly, prompfly = d fvlly per(orm, d.scharge, erecuu, comp~e~e, comply w;rh and ab~de by each and every the stipulations, agreements, conditions and covenanb of ~aid ~~-:ssory note ar.d of th~s Mortgage, then this Mortgage and the Estate hereby created shall ceafe and be null and void_ ~ 1T IS UNDERSTOOL' that the word "M.ortgagor" whetFer in the singular or ptutal anywhe?e im this Mortgsge, shall be singular if one only ar?d F s~ a'; br ptural jo~mly and severafly ff more than one, and that the wwd "the~r" as used anywhere in this Mortgage shall be taken to mea~ "his;' "t?ers;' ~f~ ~ •'~ts;' wherever rhe conrext so impiie~ or ad~nits. Alw, that wherever there is a reference in the covenants a~ agreements herein contained to any of t7~ ~ _ rr.e parties hereto, the same shall be construed to mean as well as the heirs, Pegaf representatives, successors and usigos (either voluntary by ~cf of the ~ _ : arr.es or invol~ntary by operation of the law) of the ssme a~d that the covenants herein tontained shall bind and the benefit~ and adwntages inur~ ~ r.• rhe respective heirs, Irgal representatives, successors and ass gns of the parties hereto. W " And said Mortgago~s, fw themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant and ~yree ~ •o and with the uid MORTGAGEE, its successors and assigns: 1. To pay all a~d s~ngular !he principal and interest and the various and sundry wms of money payable by virtue of said promissory note, and this ~ -.ortgaqe, each and every, promptiy on the days respect:vely the same severally become due. 2. To pay a~l and singular the taxes, assessments, levies, lisbilities, oblgations and encumbrantei of every nature ~nd kind ~ow on said desvibed • r' :,j c,ope~ty, or that hereafter may be :mposed, suifered, plated, levied, or assessed thereon, or that hereafte~ msy be levied or usessed upon this Mott~- b aqe, a ~he indeb~edness secured hereby, each and every, when dve +nd payable, sccording ro Isw, befwe they become delinqvent, ~nd befor~ any intenst ~ a'+~cnes w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PRONIPTLY SATISFIED AND O~SCHARGED Of iE~ORO ANO THE ORIGIKAI OFFICIAI COCUIdENT ~SUCH AS, FOR INSiANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIALLY ENDORSED =~F CERTIiIED) SHAII BE PIACED !N THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in fhe event that any the~eof is not .~.d, sat sfied and d~scharqed sa d lAOR7GAGEf iney at any t~me pay the snme or any part thereof without waiving u affecting a~y aption, lie~, equity or •,h~ ~nder w by virtue of this mo~rgage and tne f~ll amount of each and every wch paymem shall be immediately due and paysble and shall bear interest ~ i.r~- rhe dar~ • e+ + ca d•~} rate oi n~ne per centum ptr annum and togetner v~~th such interest fha~l be sec~red by the lien oI th s morgr~ge. ~ - - . _ ~ ~ - - ~ - = i-~.,- ' - ' _ . _ . . . . ~ _ r