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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 ~~o~!- ~n9- o~~~ - 000/3 ; . -1 , --.~~R~Q,, ~.1 , i . UF Y_~`5~~'~i' 1 ~ ~ ~.,~.1~M `~E Ag,~ ;.i+ r , 5 6 4 , ~ ~~Y . ~ ~ . ~ : ~ ~`-~'j=`` ~.i~~.*',~:~:~ ? S G i 'r ~ ~ ~ ir~~ . - ~ j11X~ ~ z C r ~ Pg 1N ~~~p~nl t ~ ~ ~ ~ ~ ° l RE~~ ~ N~tNk'Idl~~ 191L y~f { 6 ptl t~1~ 11•1~ ~ ~ ~ ~ l~ p0(i~~f ~p~ F11~ : ~ ~ ~R ' _ ~ ~ ~ ~ ;efher with aU and singuta~ the tenemems, hereditaments and appwtances thereunto belonging or in anywiu appert~ining fheteto, and all rents, iuues, ~ ~ .:-~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. s' ~ 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~- ~ ~ 3 ~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. „,m.yw .r.~s ' y . . . . _ . ~ ~ ~~a= ~ ~ " ~ ~~'~,~.ri ~~i.;~ - , . ~ . , . _