HomeMy WebLinkAbout1323 ~U~~ ~~J ~
THIS INDENTURE. Made the 3r d day of _A,~yl A.D. 19 7 5 between
_ ~ Curtis M. Flake~ and_Deborah A. Flakec~ his wifp
of St . Lucie County Flo~ids, hereinafter des~9natc;! as the "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporat~on oryanized a~ exist~ng under the la~rs of ~he United Sfatas of America and Mvinp iri pri~cipal piace of
bus~ness in tM City of Fort Pieres, St. lucie Co~nty, Florida, haeinafle~ drsignated as the "MORTGAGEE:'
WHEREAS Ihe MORTGAGOR is justly indebred to the MORTGAGEE in the s~m of S 10~400
00 good and lawiul money uf the Un~ted ~
Srates advonced by ~he M,ORTGAGEE umo tha MOR~GAGOR, as eviu_nc~_d by a certan promissory note cf~even date herewith, of whicfi Ihe following in ~
:.ards and iigures is a true copy, to-w~f:
s io~aoo~oo ~~n2~~s~
Fort Vierce, florida, APr i 1 3 19 7 S
Fa value ~ecerved, 1, we or e~ther of os, prom~se to pay, witnout dcfaf:.~t~on, ~o the order af FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
':~27 PIERCE at Fort p;r.ce, FloriJa, rhr s~m u( f_1~~~Q~iQQ-____ ~~th ~ntrrest from da~e at Ihe rafe of _~_°~o pe~ annum, in monthly install-
- ~n aa to!!ows: b--- Q-4iQQ__ _ on the2_~~ dey of _MTv 19_Z.5_ and a like sum on the cwresponding day of rach month therr
until the whole be ful~y pa;d.
Each installmrnt (i;st shail be applied in pay~nrnl of the interrst and then on ~he unpaid balance of the princupal sum_ If defauh is made in the
;.,;~~~rnt of any ~nstsi:n,ero v~hen dur, 3nd wch d~fault cominues 30 days, then at the oprion of the fiolder, and without any othe~ notice, all the remaining
;taliments shali be due ~id paya5lc at once. Privilege is given to prepay this note in whole or in part al any time without penalty. Neither forebearance,
~ or acceptance by ~he holder ehereof afrer any drfau~t in any payr:ents herecn, shal! be deerned exte~sion. A fate payment charge of S~«~Q shall be
i~_~d to each ir.stallment rltnaininy unpa~d 7 days aiter ib due date, and a';i.e su~n sh~li be added to each such ins~a~lment remaining unpaid 7 days aher ~
c3e h sutceeding payment date.
Eath maker, w~e?y and endorser hereof, joimly and srverai!y, wa~ves de~r,a,id, presantrnent protest and notice of protest for nonpayment, and furthe~
ecs to any exrens~on of r~me of p,ymrnr, .-~~har b_fore or after matur~tr, w~TFoi,r notice to any of us; a~d to pay afl costs of collection, including a
~>onable attorney's fee in the event of any default hereunder, and hereby seve•auy •.vaives al{ bcnefit of homesttad and exemption under the constitution
~axs of each S+~se o? tne U~~~ted States. as aga~nst rhis oL~~ga~~on or any r.~ers:on or renec~al hereof.
VY~tness the hdnd and sea~ of each party.
' ~ ' ' ^ ! ~ , s-+ (SEAu
~ ~ S/ Curtis M. Flakes ~~AW
- (s~?U
S Deborah A. Flake s ~~u
_S15_60 S~att Revenue
_~~.,:FS caocelled on or~glral nore}
10,400.00
NOW, THEREFpRE, the MORTGAGrJR for the pu~pose of securng payme~! of sa~d s~:m of S and the performance of the
~~.e~anta and agreeme~~ts hereinafrer eepressed, and ter divers yood and valvabSe ccns~ci~_rations, by these presents, does gront, ba~gain, sell, remise,
c~se, convey and coni;:m unto the MOkTGAGEE, its succe:son and assigns, a!: tha? ce•~ain lot, piece or parcel of land, situate, lying, and being in fhe
=cunty of SL . I.i1C1Q and State of Florida, deacribed a~ fo~lows:
Lot 9, Block 9, SOUTNERN PIyES SUBDIVISION, as per plat thereof on file
in Plat Book 9, page 68 of the public records of St. Lucie County, Flarida
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;efher with aU and singuta~ the tenemems, hereditaments and appwtances thereunto belonging or in anywiu appert~ining fheteto, and all rents, iuues,
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~ .:-~ceeds and profits accruing and to accrue irom sa+d premises, a!I of which are included in the above and foregoing destription and F~abendum.
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~ TO HAVE AND TO t101D the above described and granted prem~ses unto the said MORTGAGEE, its s~ttessort and sstigns foreve~. And the sald
their ~
;~~o7GA~,pR for heirs, executors, admin;stratora and atsigns, hereby covenants with the said MORTGAGEE, its sutceuws and assiym,
~ ,~f t11e~/ are ia•~,f~uY uized of the said prem~ses ~n fee simpie; that the same are iree, clear and diuharged from all liens and ~nc~rt?~
~ roncas in law or in equity, and that they W~~; a~ their heirs shafl ws~rant snd defend the title to the ~ame fo tlfe said
~ : ~~pTGAGEE, its svccesson and au~gns, iwever against the lawful claims and demands of all persorts;
PROVIDED, AItiYAYS that if the MORTGAGOR shafl psy unto the MORTGAGEE the promissory rate hereinbefwe described and shsll fruly, promptly
_ y fuliy pertorm, dncharae, execute, complete, comply with and abide by each and every the stipulations, sgrcemenfs, conditiau and tOVenaM~ Oi said
:-+,:ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null end void.
~ IT IS UNDERSTOOD that the word "Mortgagor" whefher in the singu!ar or plural anywhere in this Matgsge, shall be singulst if one only and ~ ~
.II be ptural {ointfy and severally if more than one, and that the word "the~r" aa used enywhere in this Mo?tgsge shall be taken to mesn "his," "hers," y~x ~
~ "~ts," wherever the context to implies or admits. Also, that wherever there ea a reference in the covenants snd agreements herein tonfained to any of ~ j
° •ne parties herdo, the same shafl be construed !o mean as well as the heirs, legal representatives, successors and assigni (eithet voluntary by sct of the
~ ~a-r;es or involumary by operation of the law) of the same a~d that the covenann herein contained shall bind and the beeefiri and ~dvantsgp inuro $
:~he respedive heirs, legal representatives, :uccesso~s and ass'gns of the parsies hereto.
And said Mortgagors, for themselves and their heirs, legel representatives, successors and aui9rts, hereby jointly and severalfy covensnt and ayrae ~
~ •o and with the said MORTGAGEE, its successors and assigns: ~
1. To pay e!1 and singular tFx principal and interost and the various and sundry wms of money payable b virtue of ssid ~
y promissory note, and ihis ~
~ ~~~~~!gage, each and eve?y, promptly on the days respecttvely tFie same severatly become due. w~f
~ 2. To pay all and singular Ihe taxes, asseisments, Ievies, tisbilities, obligations and ent~mb~~nces of every naru~e and kind raw on said dextibed w ~
~ cropcrty, or thet hereafter may be imposed, suffered, placed, levied, or assesscd thereon, or that hereaftet may be levied w usetsed upon tha Mwt~- ~
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~ge o~ the indebtedness secured hereby, each and every, when dve and payabfe, xcording to law, before they become delinquent, and b~fwe any intere~t
~ ~•~cne: or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROAAViLY SATISFIED AND DISCHARGED OF ~
~E~ORO AND TNE ORIGINAL OFFKIAL OOCUMENi (SUCH A5, FOR INSTANtE, THE TAX RECEIPT OR THE SAiISFACTION PAPER OFFICIALLY ENDORSED
R CERTIiIED) SHAII BE P:ACED IN THE HANDS OF SAID MORSGAGEE WIiHIN TEN OAYS NEXT AfTER PA~MENT; and in the event that any thereof is ~ot
d, sat'sfied and d~scharged sa'd MORTGAGEE may at any t~me pay the same or any parl thereof without waiving or affecting sny option, lien, equify w
y~ •,hr ~nder or by virtue of this mortgage and the full amount of each and every such paymeM shall be immediately due and payable and shall besr inte~est
f c rhP +~r ~:;~r ~ a c! ~are o( nine pe~ centum per annum and together with such interest sha~l be secured by the lien of th s morgtage.
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