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HomeMy WebLinkAbout0309 313425 ~ THIS INDENTURE, Nl~d~ ti~e 22nd day of 'July A.D. 19 7S betw~tn , t Will aa K. Henry and Helena Henry, his wife . ~ ' of SL. Lucie co„nM F?a~d+. F1lfliMllN deignatrd a~ tht "MORTGAGOR;' and FIRST FEOERAL SAVlNGS AND IOAN ! ASSOCIATION OF FORT PIERCE, a corpaatia~ aga~i:sd and exiitinp under ~hs laws of tl?s Un~ted Staqs of Am~rica and havinp iri principal place of businsat i~ tM City of Fwt Pierce, St. lucie Covny, Flaida, haeinafte~ d~si~n+ted ~s tlw "MORTGAGEE." ; WHEREAS tM lAORTGAGOR is j~?sdy indebted ro ths .MORIGAGEf in the sum of s 12 ~ good and lawful money ot Ihe Un~ted Siares advanced by the Y10RTGAGEE unto the MORTGAGOR, as evidenced lyr a certa~n promiuay no~e of even date herewith, of wh~ch the iollowinp in ~ words and fi9ures ia a tr~e copy, ~owi~: 13~~~9 512,000.00 ~ ~ ' - Fwt Piarce. Fbrida. _ 'luly 22 14 75 For value received, 1, we w eitFier of us, promix to pay, without defalcation, ~o the order of FIRST FEDEltAI SAVINGS AND IOAN ASSOCIATION Of ; r~~RT PIERCE at Fort Pierce, Flarida, the sum of s_ 12_L_~~!~~ _ w,th ineerost (~om date at the r+te of 8•~ per annum, in maithly in~tall- ~ as foffows: 5--119•~~ oo the 20thddy of September_ _ ~9 7S ar+d a like sum on the tares{wndinp d+y of each month thae- 3iter until the whole be fully paid. Each installme~t first shall be appl~ed in payment of the interesl and ~hen on the unpaid balance of the p~incipal sum. If default is msd~ in ths ~ ai~~~ent of any initatlment wheo due, and such defautt continues 30 days, then at the option of dx~holder, and wi~hout any other notice, all the remaining InstalimeNS shall be due and payabte at once. Pnvilege is given to prepay this note in whole or in part at any time without pe~alry. ldeither fwebearuue, ror acctprante by ~he hotdrr thereuf aftrr any defavlt ir. any paymeNS hercon, shall be deemed extens~oo. A late p+yment cF+uge of =5.95 shdl be .,:~ad 1o each installment remaini~~g unps~d 7 days aiter its due date, and a like sum shall be added to each wch installmetN remainirg unpaid 7 days after ea;h succeed~ng payment date. . Each maker, surety and endorser hercof, jaintly a~d uverally, waives demand, presentment protest snd notice of protest for ~onpayme~f, and furthet agrees /o any extension of time of payment, either b:.~fore w after maturity, without notice to any of us; and to pay all tosb of tollection, includ'ug • ~easonable attorney's fee i~ the evene oF any default hereunder, and hereby severally waives all benefit of homeslead and exemption under the tonttifution a~,d laws of each Srate of the Un~ted Stares, as against this obligation a~ny extensiw~ w renewal hereof. _ Witness the hand and seal of each party. s/Willia~ K. Henry ~ • . . ~ ~ (s~?U s e ena . H~ry ~U ~ i 18' ~ ~ State Revenue SRan.p~ eaneeMed~e?e~gi~sF-ne~e) NOiN, THEREFORE, the MORTGAGOR for the purpose of secu~ing psyment of said sum of s 12~~~•~~ a~d the performance of ths covenants and agrcemen:s here+nafte~ expressed, and for divers geod and valwble cons~derations, by lhese presents, does ~rant, bargain, sell, remise, reiease, convey and conf'um unto the MORTGAGEE, its sutcesson and assigns, atl thal certain IoL piete w puoel of land, situate, lying, ~nd btirg in 11» ~ounty of $t . LuCie and State of Florida, dew~bed ~s follows: ~~a o ~a G~ 3 - ~ipO~y Lot 10, Block 3125, PORT ST. LUCIE, SECTION 45, as recorded in Plat Book 6, Page 25, of the public records of St. Lucie County, Florida _ ST~ E.~-A~~~ - s~-R~ r= } t . - i DEp,• U~ Y.EYEKUs ' ` ~ ; ~ - t 8. 00 ~ ~p[~(~.}/~~~~ ~ ~ JJi(] 7J ~a ~ Lt~ ~ __~"~W ~ C~ - P B. i ~P i • ~ m _ . , , ~ ~qA,1~df~,AP~ III p/~1ryp~ ~ ~ ~ AI~ ER 71•13~ AC~ ~ ~ R~~ p~~ ~ 19/1• ~ ~ a~c ci~R ~ ~~E ~ l f ~ogether with all and singular the tenements, hereditaments +nd appurtances thereunto belongirg or in anywise +ppeA+ining fhereto, u~d all ren», isfup, c•oceeds snd profits acuuing and to accrue from ssid premises, all of which are intluded in the abovs end fwe~oiny description and h~bendvm. TO HAVE AND TQ HQLD the above desvibed and granted premises un?o the said MORTGAGEE, its s~ccessors snd s~signt fweva. Md tM stid their ~ '.~.~RTGAGOR for heirs, executon, administrators and auigns, hereby covenanb with the s~id MORTGAGEE, its waessors and asfipna, the~r are +naf - - - Iawfully sei: of the said premises in fee simpte; thst the same are free, cksr ~nd disch~ryed from dl liera uid ~ ~ trar.ces in law or in equity, and thst t~ey _ will and their ~~n shall war~ant and defend the titl~ ro the same to ihs said .'.ORTGAGEE, its successws and auigns, faever against the lawful claims and demands of all persons; PROVIDED, ALWAYS tl»t if the MOR?GAGOR shall pay trnto the MORTGAGEE the ptomiaswy nofe hereinbefwe desuibed and sh~l) ttvly, ptompfN ; ~~d fuity perform, dlscharge, executq complete, comply with and sb~de by e~ch snd every the stipulatioos, sgreemenri, conditiaa and coven~nri of said : ..•~•n~ssory note •nd of fhis Morfgage, rhen thia Mortgage and the Estate hereby aestcd sfull ceas~ snd be null and void. ~ IT IS UNDERSTOOD that the wad "Mortgagw" whether in the singular a pl~ral snywhere in this AAwty+qe, shall be sirgula if one only and ~ nhalt be plural joiMiy and severally if snwe thsn one, and that the word "the'a" ~s ~sed a~ywhere in th:s Mortgape sFyll be t~ken to me~n "hif," "h~n," ~ .;r `~r~," wherever the cente~ct w implies or admits. Also, thst wherever there is • reference in the covenanb and ayre~menb herein conUin~d ro~ny of ~.~R ~ +ne panies hereto, the ume shall be construed to mean well at the heirs, legsl representatives, waeswn snd at~iyns (either volunbry by act of fM ~ parties or i~votuntary by ope?stion of the law? of the same and thst the tovenants herein tontsined shsll bind and tht benefiri and ~dvantpp iiwt~ ~ •c rhe respective heirs, kgal representatives, successwi and su'9ns of tF~e parties heroto. ~ ~ And said Mortgagors, fw themselves and their heirs, legal representativq, succeswn and ~uiyns, hertby joinfly ~nd sevaally tove?NM ~nd aQr~e ~ +o and with tF~e uid MORTGAGEE, its avccessors and assigns: ~ i. 1o pay aIl snd iinyular fhe principal and intaest ar?d the various and :undry sums of money payabl~ by virtw of said promissory note, ar~d this ~ morlgage, each and every, promptly on the dsy: respecrively the same severally becane due. ~ 2. To pay all and si~gulu tFx taxes, asussments, levies, tiabilitie:, obligatioru a~d ent~mbrantes of every natur~ u~d kind now on taid d~Kt~d ~ propery, or that he.eaher may be impwed, wffered, plsced, kvied, a+ues~ed tlxreon, a th~t F~ere~ftN may b~ levied or assessed vpon this Mwt~- age, or the indebtedneu secured Ixreby, each snd every, when dve a~d psysbk, sccordiny to I~w, before they become delinq~ent, and befor~ a~ryr imerNt ~ a++aches w any penalty is ioturred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAJ41E SHAII BE PROMPILY SATISFIED AND DISCHARGEO Of ~ RECOR~ AND THE ORIGINAL OFFICIAI DOCUMENT (SUCN A5, FQR fNSTANCE, iHE TAX RECEIPT OR 1HE SATISfACTION PAPER OFfICUILY ENDORSE~ ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the tvent that ~ny flxreof a not nn~d, saYSfied and discharged sa:d MORTGAGEE msy at any time pay the same w any pa~t thereof withouf w~iving a affettinp any option, lien, equify a ~ •~qht vnder or by v~rtue o( this mortgaye and the fu!I amount of each arx! every svth payment shall be immediafely due and payable and shall bear interest <<r~-. ~hr ria<<• ~F-.~reo' ur.r l~,~ d at rate of nine per centum per annum and toyether with such interest sh~ll be secured by the lien of rh's morgtage - -z°r~ ~ ; _ s e.s~~_ y `or~+ `r 5 5^ - ~ - ~ ~ ; ~ - ~k 4