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HomeMy WebLinkAbout0739 Vi , 3(~~?~~~ TMIS INDEN1URf. Mad~ ~n~__ 6th _ ady of _ Diay ~ A.o. i9_ 75 between ~tichael J. Cannon and Constance M. Cannon~his wife - _ ~ ; of St. Lucie County Florida, htrtinaf~e~ dtaignatrd as the "MURIGAGOR." and fIRST iEOERAI $AVING$ AND IOAN ASSOCIATI~N OF FORT PIERCE, a corpwat~on organized and ex~~t~ng under ~ne lo~s ol ths Un~ted Sta~as of America and havinp its principal plac~ of business in the City of For1 Pierce, St. lucie County, Fior~da, hereinafirr des~ynated es ~he "MORTGAGEE:' WHEREAS ~he MORTGAGOR is ~usdy incleMed fo the MOR~GAGFE in tb.. s~~~. 01 S 37 ~ 8O~ , guod and IawEul money u( !hc Un:ted Srafes edvenced by the 1.1pR1GAGEE un~o the A10RfGAGOR, as er~J•.ntcd by a crr~a,n p~om~ssory iwta of even dafa I~erewith, of wh::h the fofbwing in s~^s'aaOl~.r4 Os a hue :oPY. ~o-v:~r. ~11000311 0 Fort Pierce, Florida, r~dy 6~ 1975 Fw val~t received, 1, ,~e or either of us, p7:om~se to a wiiho~t drfalca~:ur~, io the order of FIRSI fEDERAt $AVI ~AND IOAN ASSQCIATION OF ,;~2T PIERCE at Fort P~~rir. F:orida, the s~m ot S~~-B~~~OO__ w,N: ~•~~erc~t (ran date at the rate of _8~~o p~r annum, in maithiy inslall- 311.00 2Uth June 75 ~+s as foi!ows: S un t}:e da~ of ,!9 _ anJ a I~~:e sum on the correspond~ng day of each month there- ,•.r unt~l 1hr who:a be f~lly ~.o~d. ~ Each installment fi:s! shyll be opp'~ed in ~yment uf ~he interesr and then on the u.,y~a~d balance of the prinr•pal aum. If defauh is made in the ~ ~ent of any insrai'.ment v„hcn d~e, and wch d:iautt cont~n~es 30 days, then at tnr oE,t~on of the F.o~der, and wiihout any other rtoGce, all the remaining ~ ,~!:,nrnrs shatt be due and payoo:e at u~Ke. Frr~~iega n givrn to prepay this note :n whoie or in part at any time without pena{ry. Neithe~ faebearante, ~ ~ arcep~ance by tt~e hoider th~:rcof oi~er a~~y dcfavit in any payrnents hereo~, shall be deemed extension. A late paymem charge o1 S1St55, shall be ..:_d tu each ~ns!aiimcnt remaine~zg unpa:d 7 days efrer ita due datr, and a IiF.e surt~ sha~i be added to each such instaL'ment remaining unpaid 7 days sfter , _ ~.h succee~ing paymer,t d:;!e. _ ~ Each maker, surety and enJorser h~~rof, jo~~~Hy ~nd s~veratly, ~naives demand, preien~~ne~t protest and r.oYce of protest for nonpayment, aed furthet ,-~_~s to any ratrnvon oE t~:r.r o~ poyn~ent, r~tne: [uafote Or after maluiity, witi~out r.cr,ce ro any of us; and to pay all [osts of collection, includ:ng a + _s~noble attornc~"s fee ~n the event ui a~ry he:r~ndar, and he~eby seve-a!iy waives all benafil of homealead and eacmption under Ihe eonstitut'ron ;:aws o1 each S~ate of i~~e U~~ned Srares, as e~; :st th~s oLlraRor, or any ext~~,:,on or renrwal hereof. Wi~ness the hand and sea; of cach ~:arri_ _ S/ Michael J. Cannon ~ai~ ts~?u ons ance annon ~AU $ 56 . 70 ~?u - s,a~e ae~enue ~]Q~]bKLiDfi~f~r~?6~ ~ NO'N, THERE~ORE, the hSORTGAGOR for the ~~ur~ose of securin~ payment of sa~d svm of s 37 ~ 8O~ snd the pe+formance of the ,_:,.~nants and agrecr~ems here~nafrer expressrd, and for d~ven good and vatuabte consid~rations, by thex presents, dces g?ant, bargain; sell, remise, -::sr, canvey ar.d conlirm unto the MOkTvAGEE, its succ.ssora and ass~y^s, a:: that ce!tain lot, piece or parcel of laad, tituate, lying, and being in the : ~unty of ~___St. LuClE-'____ and State of Plorlda, c'esuibed as follows: Lot 10 Eilock 149, I~IKEWOOD PARK UIVIT #11, as per Plat thereof on file in Plat Book 11, Page 3?A, according to the Public Records of St. Lucie County, Florida. ~C/3-oay9 DOIJ~.S~ / 30/ , r~~ ~o ~ / ~ pUE ~ i~ PATM~ OF TAX ~C' INT ~ ~ ~ CNAPrER~II 1~34~RSOiL1~ prp:'ERIY, . ~K CIRqI TS OF 19/1~~~ ; \ ~ ~OURT. S1. WCIE Op ~ ~ i ~ _ ~ F=- l.._ J ~ 1 ~ , ~ ~ ~2 4' oo+_~JI.~ENTkfY,-:.-~~. S1A~`~1?' rr: x ~ ~ i~ '.;~•i.'iF r;tYtl.JE__ F,~,:i::' - ~ ~ _ ~ { '~c, ~ - - YLf-;,_ : ~5- ~l~r t, 56.7~~ ; - . ::a= ~ ~ ~ i ~ € ~ ~ ~ -:~~her with al! and singufar the tenements, heredrtaments and appurtances thereuNO belonging or in anywiu appertaining therefo, and all teMS, iuues, ~^y~ -,cePds and profits accr~ing and to acc~ue from said prem~ses, al! of which are includcd in the above aod fo~egoing description snd habendvm. ~ TO HAVE Afyq TO.HOLD the above described and granted premixs unto the saed NtORTGAGEE, its ~utcessors and assgns fweve?. And ths said ~ f~r2heir executws, adm~nistrators and as:igns, hereby covenants with the s~id MORTGAGEE, its suctesson srd auipro, i 5~~~~ t ~ a~ Iawfuily sei~ed of the said prem~ses iq feS simple; that the same are free, desr snd discharged from all iiens snd erKUrt~ ~ ~ ~~ces in !aw or in equfty, and thar__ theywill and t7lelr he;rs shall wuraM and defend the title to the sams to the said _ .:~TGAGEE, its s~ccessors and ass~gns, forever against the lawiul daims and demands of all persons; PkOVIDED, ALWAYS +hat if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate herei~before described and shsll t?uly, promptly z fvily perform, d~uharge. eaecu:e, camp~ete, comply with and ab~de by each and every the stipulations, agreements, conditions and tovenants of isid :~.sswy note and of fhis Mortgage, the~ this Mortgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNDERSTOOD that the word "Morrgagoi' whether in ?he singular os plura! anywhere in this Mwtgage, sball be tingular if one only ~nd 4 be pl~ral jo~ntfy and xverally if more than one, and thar the word "their" as used a~ywhere in this Mortgage shsll be taken to mesn "hit;' "hers;' dD~-' ; 'Sta;' v.herever the con!e~t so impiies or admits. Atso, that wherever there is a reference io the tove~ants and ~greeme~ts herein confained fo any of n~ > parties hereto, the aame shall be construed to mean as well as the heirs, legat representatives, sutcessors a~d assigro (either voluntary by ~ct of the ~ a~~~es or invo!umary by operation of the law) of the same and that the covenants herein co~tained shall bind and the benefiri and sdvanNget inure ~ •o rhe respective hein, legal representatives, successars and asrgns of the parties hereto. 3 ~ And said Mortgaqon, fw themse~ves and their heirs, legal representatives, successors and auigns, kereby joinHy and severally covenant and ayree ~ •o and with the said MORTGAGEE, its successors and assigns: ro % 1. To all and si u!ar tFit ~nci at and interest and the various and sundr sums of mone y pr sory note, ~nd fhis s - WY ~9 W p y y payable b virtue of said anis cy ~ Tortqage, esch and every, promptly on the dsys respectivdy the same severatly become due. ~ 2. To pay atl and singular the taxes, assessments, levies, liabilities, obligations and encvmbrantes of every nsture and kind now on taid deuribed ~ .^.-operty, or that hereaiter may be imposed, suFfered, plated, levied, o~ aueased thereon, or that ixreafte~ msy be levied d useued upo~ this Nbrt¢ a;~, or the indebtedness secured hereby, esch and every, when dus snd payable, atcording to law, betwe they bstonx delinquent, and btfore aey intaest ` 4 c~es or any penatty is i~c::rred; AND INSOfAt{ AS ANY THEREOF IS OF RECORD TME SAME SHALL BE PROMPTIY SATISFIE~ AND DISCHARGED OF ~ -.=CnRD AND THE ORIG:hAI OFFtt1Al OaUM~FN1 (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSEO ^ ~ CEQIIFIED) SHALL BE PIACED IN THE HANDS OP SAIO 1dOR~GAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is not ~ ; .,<t, sat sfied and d~scharged sa'd 1AORTGAGEE may at any time pay the same o~ any part thereof without waiving or af(ecting any option, lien, equity or ~ • ~hr under or by v~rtue ol th~s mortgage and the fult amount of each and every such paymeM shall be immediately due and payable and shal! txsr interest ~ ~'•h - ~a+e of n~ne per cenrum per annum a~d together w~th svch inteiest shall be secur~ by the lien of ~F~ s mcrgfage .e ' t : ~ ~ ~ _ ; _ ~ _ _ ~-r~~~