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HomeMy WebLinkAbout0059 , ~ ~ ' . . . 313253 . ~ , THIS INDENTURE, IN~d~ ths 24th d,y o~ ~ ~~June a.p. 19~ ~ _ Ronald M. Sonoda and Lorraine IN. Sonoda, hi~ wi~e • + . ~ of St uCle ~p~nty Florida, herQ~na{~e~ des:9~ated ss the "IKORTGAGOR," and FIRST FEDFRAL SAJINGS AND LOAN ~ ASSOCIATION OF FORT PIfRCE. • corporation ory~nized and exi~tirg u~de~ the Iswn of th~ Unired Siat~s of America and Iwvinp in principa! plac~ rf buiinqs M th~ City of Fwt Pie~u, St. luci~ County. Fbrlda, hereinaf~e? desiy~aied as the "MORTCsAGEE:' • WHEREAS IM MORiGAGOR a justly ~1fbt(~ to th~ AI~O~TGAGEE in the sum oi = 29 ~ pood and lewful ma+ey of the Untted + S!ates advanced by the MORTGAGEE unio the ~MO(iTGAGOR, as evidencrd by a cena~n promissory note of eve~ date he~ewith, of which the foltow~n9 in s 29 ~ 2O~ .re~ a true cop'y, towit: . r ~•~2@00329 , fo?t Pierc~, florida. 1 i• a-.~ ~ a~~ •i ~ Fw value received, I, we o~ either of us, promise to pay, witFwvt defalcation, ro the order of FIRST FEDERAI~~ViR~7UVDlOAN A IATION OF ~ FCRT PIERCE a1 Fort Pierce, F~orida, the sum of j }2,9 L2~ with interrsf Irom date af the rafe of 9 9(> per ~nnvm, in monthly insfalM ~ e~~ts as fottows: 5-263. ~ on the 2Ot•tiday of Au9uSt Iq 75_ and a like sum on the ca~esponding day of each monih there- ~ arrer unUl the whole be fully paid. . Each installment fint shail be appliad 'en paymenf of the interest and then on the unpaid balance of the principal tum. If default is made in the ~ r3~~nent of any i~sraltment when due, and such defautr continues 30 days, then at the option o~ the holder, and without any other notice, all the remaining ~~srailments shall be due and payable at once. Privilege is given to prapay this note in whole or in part sf sny time without penalty. Neither forebearance, no~ acceptante by the hetder Ihereof after any default in any payment~ hereon, shall be deemed extens~on. A laee paym~nt charge of s~'3. 15 shsll be ~ ,dded to rach insraL'ment remai~]rg unpafd 7 days aiter its due date, dnd a like aum shall be added ro each s~ch installment remaining unpaid 7 days aft~~ each succeeding payment dare. , ~a=h maker, avrety and endorxr he~eof, jantly and severally, wa~ves drmand, presennnent protest and notice of p~otest fo~ ~onpayment, and funhe~ a~rees fo any errension oi r~me of payment, either b~(ore a after maturity, wi~hout nonce to any of us; and to pay all costs o( collection, including a ' ;~=.,sonable atromey's fee ~n the event of an~ dciault he~runder, and hereby sevcra:fy waives atf bene~it of hor~eatead artd exemplion under the conathWan .:•ci !avvs of each State of the United Stares, as against Ihis obligation w any extension o~ ~enrwal hereef. YY~tness the hand and seal of each party. S/ Ronald M. Sonoda cs~?u S/ Lorraine M. Sonoda $43.80 ~ State Revenue • ~ X ~r~jC ' ~ . ~ { NOW, THEREFORE, the MORTGAGOR for the purpose of securin3 payme~t of said sum of S• ~ and the performance of ths 1 co.ena~ts and agreemenq hereinafter eap~essed, and for divers good and valuable considerations, by these preser+ti, does grent, baryain, sell, remise, ~ r~•,e~se, convey and confirm ymo the MORTGAGEE, its svccessors and assigr+s, alI +hat certain lot, piect or parcel of Isnd, situafe, lying, and beinp in the County of $t . Lueie and State of Fbr~da, deuribed ~s follows: . ~y~/-- ~sod - O~/o~ - o~n/~ ~ Lot 11, Block Q, MARpVILLp fiSTqTES, according to the Plat thereof recorded ~n Ylat Book 8, Page 77, Public Records, St. Lucie County, Florida. ~ . . . . oE t ~~v. STATE aF F!_.~J F2 i L7 A~ ~ ~NQ~`~M~Q``~~~. ~ $ T A N? P? A?` ~ ~1 ~y DO__UMEiJ~ARYF, ~ - ~ ~,~~~g ~ - " uEPT. OF RF~ ~tiUF ; s? I ~p~' ~y?. ~ trv'' ? ~ " . 2 ~ 75 4 3. 8 ~ ~ ~~.~F~ ~N ER rQO~~~~~ ~ c = P.e. - ~ ~ ; ~ RE-C N (~1'~ S~• s i ~ z ~ pJ~ ~ ~stit ~f~"• ~ i ~ ' ~p~~- c\~~ ~ ~ CJ~ , i f ~ ~ S ~ 'ogether with all and singolar the tenemeNS, hereditameots and a rtances thereunto bel ~ Ppu onging or in enywise sppertaininp lhere% and al) renb, iuues. ~ ~•oceeds and profin accruing snd to accrue from ~aid {uemixs, all of which are included in the above and foteyoinp dest~iption and habendum. TO HAVE AND TO HOtD the above descrfbed and granted premises unto the said MORTGAGEE, iri successon ~nd suigns forever. And ths uid ~ :'.ORTG R fo~ --~h~=---- heirs, executws, sdministrators and auigns, hereby covenants with the said MORTGAGEE, its wutsiws ~nd ~ssipns, 'h3T --~ey are ~awfull sri: of the said ~ y t~ ~~~~s theirP,~; that the iame are free, ckar ard dischsryed from all liens and encwn. ~•ar.ces in law w in equity, and that ey will and lxin shall warrant and defend the title to the s~m~ to the Mid :'OR?GAGEE, ita sutceuors and ass~gns, forever against the lawful claims and demards of aN persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE the promistory note hereinbefore described and shall truly, promptly ~-.d f~lly perfwm. d+uharge, execure, comptere, comply wi~h snd abide by each and every the stipulatiwu, agreements, tonditian and cwenanq of said _•om~sswy note ar~d of this Mortgage, then this Mortgage and the Estate hereby uested shslf cease and be null and void. IT IS UNDERSTOOD that the wwd "Mortg~gor" whether in the singular or plu?a) snywhere in this Mortgsp~, sh~ll be singulu if one only and shall be plurol jo~nt(y and severalty if more than one, and that the wwd "their" ~s used snywhere in thts Nlortpage shsll be t~ken to mean "F~is;' "h~n;' a. "i~s," wherever the contear w implies w adm]ts. Also, that wherever there is a reference in the covensnb and ~greements herein contained to any of ~he par~ies hereto, tFie same shall be construed to mean as well as the heirs, legal repreientatives, succeuws and suigns (either volunNry by scf of th~ ~ar:ies or involuroary by operation of tbe law) of the same and that the covenants herein contained sFwll bind aod Th~ lsenefib uw! advanbyp inur~ ~ I •o !he respective he~rs, kgal representatives, successors and au~gns of tfie parties f~ereto. ~ And said Mortgagors, fa themselves and ti~ei. hein, legal representatives, succeuors and assigns, F~ereby jointly and sevenlly covensM and pra~ ~ +o and with the said MORTGAGEE, its successas and suigns: 1. To pay all and singulsr the principal and interest and the various and sundry sums of money payable by virtue of said promissory not~, and this ~ To!tgage, each and every, promptly on the day~ respectively the ume severally becane d~?e. 2. To pay all snd singular the taxes, asussmenn, levies, liabilities, obligatiorts snd encumbrsnces of every nsture ~nd kind now on said described ~roperty, w that heresfter may be imposed, suffered, plxed, levied, a~uessed tF+ereon, w that hereafter may be levied p useaed upon this IYlprtg. ~ age, or the indebtedness sec~red he~eby, esch and every, when due and psyable, sccwdinp to Iaw, before they become delinquent, ar~d befw~ any interest A' .~•~eches or any penalty is incvrred; AND INSOPAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF ~~~~j ~rCORD AhD THf ORIGthAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AUY ENDORSED ~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that a~y thereof is no1 ~ ;,a~d, sa?'sfied and discharqed sa:d MORTGAGEE may at any time pay the same w any part fhereof without waiviny a affectiny any option, lien, equify or ~ •~;ht ~nde~ or by virrue of this mortgage snd the full ar.~wint of each and every such psyment shall be immediately due and payable and shall besr interest , °~c~ d~,'e ~-~-~o~ ! c~ d~.• rate of nine per centum per annum and togethe+ w~th svch Interest shall be secured by ihe lien of tn s merotage. ~ ^ ~v. ~ •vr-Y-`T~--~-_'.~~~~s. - ~ ~ ~ ~-'a`.~. °'7"~3'r~~~ ~ ~-r." ~ - » . . _ *?~?a _ '~I~.s...