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HomeMy WebLinkAbout0943 ~~~sz9 ~ THIS INDENIURE. Mad~ ths lst' day o( ~pr~ , A.D. 19~ batween Franklin A. Harris and Valerie V. Aarris~ his Wife, of ~'t• ~1Cie County florid~, herein~fter deig~ted as Ihe "MORTGAGOR;' snd fIRST: FEOfRAI~ SAV~NGS.ANp• IOAN ~ ASSOCIA110N Of FORT PiERCE, a mrpa~tion or9~ni:ed and axis~ing unde~ Ihe laws of the United Sta~ts of Ameriu and fuviny in prihtipal plue of ` businsu in ths City oi Fwt Piares, St. lucie Couny. Florid~, Mrein~fter desi9nated a~ tM "MORTGAGEE." ! WHEREAS 1M MORTGAGOR is j~itly indebted to the MORTGAGEE in the aum of s 1,,5.~~~~ good snd lawful mor~ey oi the United Statea advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a urra~n promissory ~ole oi even date herewith, of which the followiny in .tiords and figures is a tr~e copy, lo-wit: s 15 , 000.00 1002125U Fort Pierce, Flaids, April 1, lq~ for value received, 1, we or either of us, promi>e to pay, withouf defalcation, ~o the order of FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF F02T PIERCE at Fwt Pierce, Florida, the sum of ~~LLSt~v]L--___ wuh i~terest from date at the rote of Zz~± % pe~ annum, in monthly install- ,~ems as follows: Sl - on ~he 2~h day of 19~~ and a like sum oo the corresponding dsy of each moroh therr atrrr uroil the whote be fully paid. Each installment fi~at shall be applied in payment of the interest and than on the unpaid balance of 1he principal sum. If de(ault is made in the i:a;rnent of a~y instaltment when due, and such default conrinues 30 days, fhen at the option o( the holder, and without any other notice, all the remaining ~nsfallments shall tx due and payablc at once. Privilege is given to prepay this nota in whote or in part at any time without penalty. Neither faebearante, nor acceplance by ~he hofder thereof after any default in any paymems fiereon, shall be dremed extension. A late paymeM charge of =7•20 shall be ~d ied to each installment remaining unpaid 7 days after its due date, and a like sum shall be added ro each such installment remaining unpaid 7 days after each succeedirtg payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furlher .~grees to any extension of ti~ne of paynKnt, either b<fore or after maturity, witho~t notice to any of us; and to pay all costs of collection, including a „•,;onabte atromey's fee in the eve~! of any defau~t hereurder, a~d hereby sevCral~y waives all benefit of homestead and exemption under the constitWan ~•~d !aws of each State of the Un~trd States, as aya~nst this obligation w any extension or renewal hereof. Witness the hand and seal of each party. S/ PSra 1 n A. Narris ~AU (5~?t) S/ Valerie V. Aarris x i t- -`P~-~ J State Revenue -~L~«wQ~-~~wc~l~d.«?~~isiwe~wM~- t NOW, THEREFORE, fhe MORTGAGflR for the purpose of sccuring payment of seid sum of S 1~~~~~~ , and the performance of the i covenants and agreemenss hereina(ter exprrssed, and fw divers good and vaiusbie considerations, by theae presents, dxs grent, barflain, ae~l, remiu, •aease, convey and contirm uMO the MORTGAGEE, its svccessors and assigns, all that certain lot, piete w percel af land, situate, lying, end beiog in the C~unty of ~~t+• ~C~ , snd State of Florida, desuibad at follows: ~-slo~- ~i5- Oo// - 000~7 ~yo~ - ~ is- ~ao~~ - oor~/o ; Lot 13 and the East 7•5 feet of vacated a~ley ad~acent oa the West, Blxk B, ~ SUZANNE PARK, a su~divisian as per plat thereof on file in Plat Book 8, page ~ 13, of the Public R,ecords of St. Lucie County, Florida, ~ ~ ~1 n~ 1 4 ; ~~..5~~,~P i _l ~ ~ ~~.p'~N AU~'` 2Z•~,0 , `r' ~ M ~ ~ ' ~ L~ QIT OE ' ~ p~G a~ -;~-9~~~~~•~' RECEIVED IN PAYM TAXES ~ a a ~ ~••t ~ pUE ON CLII$S 'C' INTAIl6181E PERSUNAL PROPE~n. ~ ?g;2 PYRSUANT TO Cti,APTER 71-134. ACTS OF 1971. o ROGER ~'ORRJIS I~~ ° J C~F~1( ~1Rq11T COURT, ST. l11CIE C0, FUl ~o~e+her with all and singutsr the tenements, hered~taments and sppurtances thereunto belonging or in anywiu appe?taining thereto, and all rents, iuves, ;:•oceeds and profits accruing and to accrue from said premises, all of whicl~ are included in the sbove ~nd fweyoirg dtstription and habendum. , TO HAVE AND TO HOID the abore dcsu~bed and 9ranted premises unto the taid MORTGAGEE, its ~uccessors a~d auiyns fwever. And tM ~aid ~ `•',ORTGAGOR fw t~@ir heirs, executors, administratws and assigns, hereby covenants with 1Fx s~id MORTGACaEE, its successon and auipro, _ they RI~___ ~awfully x~zed of the said premises in fee simple; that the same are free, clear snd dixharged from all liero ~nd e++tvrtr ~:•ances in law or in equity, and that t'~y w~ll and their heirs shsll warrant and defend ths title to the same to the said ~ CRTGAGEE, its successors and ass~gns, forever agaimt the lawful daims and demands of sll persau; ~ PROVIOED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and sMll truly, promptly ~ - d fully periorm, d;xharge, execute, complete, compiy with and abide by each aod every the stipulatioas, agreements, conditions and covenanri of said ( om,~sswy note and of this Mo~tgage, then this Mortgage and the Estate hereby veated aball cease sod be nvl) and void. ~ ~ IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular or plural ~nywhere in tRis Mwtgage, shall be siogular if one only and GO~ sha:! be plural jointly and severolly if rr~ore than o~e, and that the word "the~r" ss used anywfiere in this Mortgage shall be taken to me~n "hif," "hen;' "~ts," wfierever the contezt so implies or admits. Also, thst wherever there is s refcrence in the covenants and ayreements herein contained to ~ny of ~ +re parties hereto, the same shall be construed to mean as well as the heirs, legat np~esentatives, suuesson and auigns (eitF~er voluntary by ad of the ea~t~es u involuntary by opetation of the law) of the same and that the covenants herein contained shall bind ~nd the benefiri and advantsgef i~wr~ •o rhe respective heirt, legal representatives, successws and au'g~s of the parties hereto. ~ And said Mortgagors, for themeelves snd their heirs, legal representatives, successwsti rxl auign~, hereby jointly and severally covena~f and syree y~ +o and with the said MORiGAGEE, its successors and assigns: ~ ~ 1. To pey sll and sinpular the principal and interest and the various and sundry sums of money payable by virtue of said promistory note, snd thi~ morrgage, each and every, promptly on the days respectively the same severally become due. ~ 2. To pay sll and singular the taxes, asseasments, levies, liabilities, obligations snd encumbrsnces of every nature and kind now on sa'~d destribed ~ property, w that hereafter msy be imposed, suffered, placed, levied, or auessed thereon, w that heresfter may be levied w ~tseued upon thFs Mwf¢ a~e, w the indebtedness secured hereby, eash and every, when due and payable, ~ccording to lew, before they become delinquent, and befwa ~ny intaett ,+rzches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ~ECORO AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICtAILY EN~ORSED ~R CERTIfIFD) SHAII 8E PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not Fa~~, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiving o~ sffecting any option, lien, equity a .~qF,t ~nde~ or by virtue of this mortgage and the full amounf of esch and eve?y such payment shall be immediately due and payable and sha~l bear interest da~e ~'-e•eo~ d a~ •are of nine per centum pe~ annum end togethe~ with such interest ~hall be ucured by the lien of th s mor~!age a 'a' ~ + ; . _ ~ ",c"•' , . r.- : ,r,.+„ ~'w~"' ~ayw ;v~S ~ ,'7 -?+~~y~% 3 _ c.•. .3-~~. ` . :