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HomeMy WebLinkAbout2440 ~ ~~~~3s THIS INOENTURE, Mad~ the~20th day of ~ A.O. 19~., betwten Shgrn}an E. Ne1sQn and _lan~t A.~I[~1.5Qn.~ia w;fP cf St. Lucie ~ ca,~ry Florid~, hereinaiter des~y~aeeci as ~he "MORTGAGOR," and FIRST fEDERAI SAVINGS AND tOAN ; ASSOCIATION OF FORT PIERCE, ~ to?poration wyanizcd and exi~+inp ~nde~ the laws of ths Un~ted Stat~i of Am~~ka ~Ad Mvir?p itt printipd pl+q of ~ bus~neu in the City of Fo~1 Piores, St. lutis County, Flwid+, hereinafter designated as the "MORTGAGEE:' ~ WHEREAS the MORTGAGOR is j~stly indebted to the MORTGAGEE in /he aum of S?li ~~~~Q 9~ and Iawful money of the United ~ S!~ies advanced by the M~RiGAGEE u+~to the IAORTGAGOR, as evidentrd by a ceria.n prom:ssory note of even date i~e~ewith, of wh:ch 1he foltowinp in wo.ds ar~d figures ii a trve copy, to-wit: ~~~51 ~ s?_7_60Q.00 Fo?t Pierce. Flor7da. ~a v 2O 19~_ fo~ value received. I, we or eithe? of us, prom~se to pay, withoul de~aleation, to the order of F~RSi FEDERAI SAVINGS AND LOAN ASSOCIATION OF , ~ CRT PIERCE at fwt P+erce, Horida, the wm of S?~ ~QQ~~---- W~~h tnte~es~ irom date at the rate of pe? annum, in monthly ios~a~I- ~ e,rs as fotiows: 517~ on the ?Qhlay of _ TU1~~ 19 7_~ sod a like sum on the cwresponding dsy oS each moNh there- e•~er ~nt~l the whole be fully pa~d. ~ Each instatln,ent first shall be sppl~rd in payment of the interest and then on the unpaid balanc^ of the princ~pal sum. If defsutt is msd~ in ths ,;~nent of any instal:men~ when due, and such wefo:it coN~nues 30 days, then at the uprion of the holder, and withouf any ether notice, all the ?e.~naining ••sratlments shall be duc and payable at once Privilega is given to prepay 1h7s oote in whole or in part at any time without pers~{ty. Nehbet faebearuxe, ~ nor acceptarxe by the ho:drr thereof after any default in any payme~ts hereon, s?:all be deemed extensian. A late payment charge of 5~~--. sFu~~ be i : d_i•~d to each instaiiment remaming unpa~d 7 days after its d.x date, and a Iite ium :i~all be addrd lo each such installmeN remaining unpaid 7 days afte~ ' ~acn succeeding payment date. :~th maker, wrety ar.d endwser hereof, joint{y and aeverally, wa;vea drmand, presrnement protest and notice of protest fw ranpayment, ~nd furlFxr :-arees to any exrens~on af t~me oi payment, e~rher b~•fore or aiter matunty, wr.nov~ not~ce to any of us; and to pay all costs of collection; includ~og a ~.+zunable atrorney's fee in thc.event uf any drfault hereunde?, and hereby se4erally waives all bertefit o( homestead and exemption under the comlitution ~d ~aws of each S~ate of rhe U~~ited Stares, as aya~nst ~his obiigafion w any eatens~on or renewal hereof. Witness thr hand and sesi o~ each party. . ~~,Sh r~an F,i Nel eQt1 (3EAU (SE/?t) 5f_Tanet A~ NQl crin (SEA~ ~ 32 O ) Sta+e Revenue -.Zaawpa.urw~~d.~rr.os'y'N.aL Nte) fVOW, THEREFORE, 1he MORTGAGOR ier the purpose of secv+ing payment of said s~m of jhll~n~nA s~d the pe~forma~ce of fhe c~venants and agreemrnts i+erdnairer eapressed, and ior d~vera 4ood a~d wlu~ble cor~siderations, by theu p?esents, does gant, bargain, sell, remise, n_!r::se, convey and confirm unto the ~AORTGArEE, its successors and assigns, all that cenain lot, pitce or partel of Iand, situate, tyirg, sod beirg in 1Fa :ounty of St _uCle and State of Fbrida, desu~bed a~ follows: Lot 15~ f~lock 263, P(1FT ST Lt~CIE, SECTIO~' G~'E, accordinn to the plat thereof as recorded in Plat Rook 11~ Pane 53~ of the P~st~lic Recores of St. I,ucie County~ ~'lorida~ 3yab "50/ -Od~7~ Q0~/9 I ~ ~`,~y ~ Sit,~~ ` ~ ~ ~t ~ L> ~ ~ ~ MEh' - ~ ? ~ ;,c:~_~ ~~V~-ti~`- ~ T ~ - 3 2• 4 ~ ~ 3 - `r' ` _ ~ ; ~ ° _ ~ ..t Li w `n ~.e ` ~ -(c' M • . ~ ` ~ .~~~'~=~"~L v {I~ f7PACJ~~ K lMw ~ DUE ON ClASS 'C IKTAN618LE rER90N~1L PAOYfRi'(~ ~ PURSUANT TO CtiMTER 71•134. ACTS OF 1971. ~l ROGEft POR(iIIS CLEf~% CIRCUR COIIRT~ Si. !U(:IE OD., flA ~ rx~esher with all and singcelar the tenementi, hereditaments and sppu?tances thereunto belonging w in anywise appertaining thereto, and all rsnts, iuues, r.rocerds and profits accruing and to accrue from said prem;xs, all of which are included in the above and foregoing descriptan snd h+bendum. 4 TO HAVE AND TO HOID thE above describcd and gtanted premises unto the said MORTGAGEE, it~ suctessots and auigru fwever. And ih~ said ~ :'.CRTGAGOR fw -~hElL----- heirs, execu~ors, administratws and assigns, hereby covenants with t1~e s~id MORTGAGEE, it~ wcceuws and utipro, ' ~ +~ar tawfully seized of the said premises in fee simp!e; that the sams +re free, ckar and dixF»rged from all liens and u~cun? ~ c.r3nces in law or in equity, and that they will and thP1I heirs shall wsrrant snd defend the titk to ths ssme to fhe s~id ? x ~".~RTGAGEE, its successors and aasigns, forever against the lawful daims and demands of ~II persons; ~ - PROVIDED, ALWAYS thst if the MORTGAGOR shall pay umo the MORiGAGEE the promissory note hereinbefore deuribed and thall fruly, promptly 4 ~ =~d fully perform, d~uharge, exccute, comp:Ne, comply w+th and ab~de by each and every the s~ipulations, agreements, conditions and cwenanb of uid ~ ;..c. ~sswy nota and of this Mlartgage, then this Mortgage and the Estate hcreby veated shall ceass and be null and void. ~ IT IS UNDERSTOOD thae the wwd "Nbrtgsga" whethe? in the singular d plural anywhere in this Mortgsge, shall be sinpulu if on~ only and pC shall be plursl jointly and severatly if more than one, ~nd that the wwd "their" as used +nywhere in this Matg~ge sMll be t~ken to mesn "hit" "Mn," ~x cr "its," wherever the contear so implies or adm~ts. Aiso, that wherever there is a referer?ce in the cwenartts ~nd apr~ements herein contained to a~y of ~ fhe parties hereto, the same shall be construed to mean as well ss the heir~, lcgsl represantativa, successors and auig~u (either voluntary by acf of the ~ ; art~es or involuroary by operation of the law) of the same and that the covenanfs herein contained shsll bind snd ~he benef~n and .dwnfs9es inure ~ the respective heirs, legsl representatives, successors and ass~gns of the parties hereto. And said Ntortgsgors, fw themulves and their heirs, Iegsl represcntslives, s~ccessors ~nd assigns, hereby joinNy and severslly covenant ~nd a~r~e ~ ! ~ ~o and with the said MORTGAGEE, its successors end suigns_ { ~ , ~ 1. To pay all and singulsr ths principal snd interest and the vsrious ~nd sundry tums of money psyable by virtue of ssid promissory nott, and tha I mortgage, each and every, promptly on the days reapectively the same sev~r~lly becane dve. ~ i 2. To pay sll and singular fhe ta:es, asxsunents, levies, liabilities, obligations and encumbrances of every n~ture and kind now on said d~wib~d ~ ; property, or thst hereafter may be imposed, suffered, plxed, levied, w sstcssed thereon, w that hereafter may be levied w auested upon this Mort¢ # age, w tM indebrednes~ secured hereby, esch and every, when due and payable, accordiny to law, before thty become delinqvMt, and b~fw~ ~ny intarest ~ a+rechp w any penalty is i~curred; AND INSOFAR AS ANY TNEREOF IS OF RKORb iHE SAME SHAII EE PROMPTLY SATf5F1ED AND DISCHARGED OF RECORD AND iHE ORIGIhAI OFFICIAL DOCUMENT 15UCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTIaN PAPER OFfIC1AlLY ENDORSED Op CERTIfIED) SNAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in ti~e event that ~~y tF~eof is ~ot ;.a~d. sat's(ied and dixharged sa;d MORTGAGEE may at any time pay the same w any part thereof without wsiving o~ affectiny any option, iien, equity a •~~hr under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable •nd shall bear iMerqt ~.om fhP dafe the~eof cn~;~ oa d a~ rate of nine pe~ centum per annum a~d togNher w~th such interes~ shall be setu~ed by the lien of th's mo~gta~e. - ' - c~+~ ~ r ~;s, ~ - ' _ . _ . '__°.'.-s. x . C..~='-_;'~~_v~-~,~c~..:'Y"~.___~.., r . ~ y .