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HomeMy WebLinkAbout0600 1 33~~~ t THIS INDENTURE. Mad~ tM 28th _ day of `J~e A.D. 19 76 betwe~n Stanton A. Hyer and Mar on . Hyer, h s wi e• of SL. ~.UC~@ ~q~~~y florida, here;naiter desgnatrd as the "MO R, a~ F R~T KEUERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corpwation aganiied ~nd exii?~ny under Ihe laws ot the Un~led Sut~i of America and havinp ih principai plac~ of butir»u le tM City of fwt Pierce, St. lucie Covaty, Florida, hereinaf~er des~pna~ad as tlw "MORTGAGEE:' WHEREAS th~ MORTGAGOR is jus~ly indebted to the MORTGAGEE in the sum of S 3O ~ OOO~ ~ good and I~~Yful money of the United S~ates advanced by the MORTGAGEE unto the MORiGAGOR, as ev~denced by a cenain promissay note of eve~ date herewith, of which the followinp 1n wwdi and figures is a true copy, to-wit: ` ~30. ~ • ~ ~ 1002200'7 ~ fort Pierce, ftorids, '~Une 28 1976 Fw value received, 1, we o~ eiiher of ~s, prom;se to pay, without defalcar~on, to rhe order of FIRST FEOERA~ SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE at Port Pierce, Fb~ida, the aum of s_30~~• 00 _ w;th interest from date at rhe rate of 8• 7~6 per snnum, in mo~thly inslal6 ments as fol!ows: j247•0O on the 2~h day of ~etober _ 1976 _ and a tike sum on the cwrespond;ng day of each month the~t- after uNil the whole be fully pa~d. Each insta~lment first shall be appl~ed in payment of fhe interest and then on the unpaid ba~ance of the pr:nupal sum. If aefault is made in the Fayment o( ar.y instailment when due, and such deEauR continue: 30 days, the~ at the option of the ho:der, and wifhout any other notice, aU the remaining ~~.sraflments shatl be due ar:d payable at once. Pr~+]iege is g~ven to prcpay this note in whole or in part ~1 any t~me withovt penalty. N~7eithe? forebearurce, nor acceptance by ~he hoider thereof after any default in any payments hereon, shall be deemed exteruion. A late paymenf ch~rge of S~2 • 35 shall bt addrd to each inatallment remaining unpa~d 7 days af~a~ its due date, and a tike sum shall be added to each such installment remaining unpaid 7 days ~fte? each succeed~ng payment dara ~ Each maker, surety and endo~ser hereof, jo~ntly ~r~d severaqy, w~ives demand, presentment protest and notice of proteet fo~ nonpayment, ~nd further ag~ees to any extenaion of time of p~yment, eiri+er betore o~ after mafu~ity, without potice to a~y of us; end to pay all co~ts of collection, includirg a reasonable attorney's fee in the event of, any defauit hereundar, and hereby seveially waives all benefit of homestead and exemption under the constitvlion and laws of each State of the United States, as against this ob:r~ation or any eate~s~on a renewal hereof. Witness the hand and seal of each party. . - ~ S/ Stanton A. Hyer ~Ay r % ~{~{I:~rDC ~ ucE o~~r Jr~~.,~•; -G~~~~ C~C`L, / S/ Marion E. Hyer es~?u ~ S45.00 i State Reven~e ~u ta~s esMen~.e ~e+ engn,ar,+~e~r NOW, THEREFORE, the MORTGAGOR (a the pu~pox of secu*ing payment of said sum of S 3O ~ !nd tF~e performsnce of the cove~ants and agreements hereinafter expressed, and for d~vers good and valvsbfe consideratio~s, by these presents, does grsnt, bar9ain, ull, remise, re!ease, convey and confi~m unto the MORiGAGEE, its succeswrs and assigns, all tha~ certain lot, piece or pucel of land, situate, lying, and beinp in tM County of $t . LuC le and State of Fbrida, dcsu~bed ~s follows: r j i Lot 21, RIVER OAK ESTATES SUBDIVISIOY, accoYding to the plat thereaf recorded in Plat Book 16, page 5, of the public records of St. Lucie County, Florida. STATE F! .~R~C?!'~ ~ / DOCUMENTARY,~ STIiMP T!: > ~ RECEIVED j (O~- ~ °O DEYT. OF nEY['~uE . ; " ~ : ~N PArMENT OF TAXES , , DUE Otti CU1SS 'C' IN'AtIGIBLE ?fa~ChAl PROPER(Y~ N = P.B. Ji~M;O'76 =`.a`='~r 1~ 5. Q Q ~ ~~MT TO GW'lER 71-13l. ACfS OF 1971. ~ U06ER POITINS m =11102 i ~ o c~rac oacurt aoupr, sr. c~ oo, Fu i ; . ~ By agreement of Mortgagor and Mortgagee on file , with Mortgagee, the within mortgage secures not i only an existing indebtedness, but also ADVANiCES ; to•be HER&AFTER made by Mortgagee to Mortgagor ~ the aggregate of which will equal the principal ~ amount specified in the promissory note secured hereby. ; 3 . s ~ 6 : toge+he? with all and singular the tenementa, hereditaments and appurtances thercunto belonging or in anywise ~ppertaininy the?efo, and atl r~nts, iu~?es, ~ Fr~ClC~If and profits accrui~g and to accrue from said premixs, atl of which s?e included in the above end foregarg dewipiion and lubendum. TO HAVE AND TO HOLD the above described and granted prcmises unto the s~id MORTGAGEE, its svccesswt and assiyns fwever. Md ih~ s~id ~ their___ ~J~ORTGl~GOR for - heirs, exec~tors, adminisrrators a~d assigns, hereby covenanri with the said MORTGAGEE, it~ tvaeuws ~nd auipro, q ~~a~ Lhey_dYe___ ~awfully se~zed of the said prem~ses in iee simple; that the sarne are free, tlea~ and diuharged from •I) liem and ~ncum~ ; brances in law or in eqvity, and that they _ witl and their htirs shall warrant and defend the titl~ to iM s~m~ to the Nid _ MORTGAGEE, its successors ~nd assigns, fwever againsf the lawful claims and demands of aIl persons; PROVIDED, ALWAYS tMt if the MORTGAGOR ahafl pay u~to the MORTGAGEE the promisiory note hereinbefore dexrib~d and slssl! truly, promptly ar.d fully perform, d~scharge, execute, complete, compty with and abide by each and every the stipulations, sgreemenri, condiYwns and covenanb of said ~ oromissory note and of this Mortgage, then this Mortgage and the Estate hereby aeated shall ~esse ~nd be null and void. ~ IT IS UNDERSTOOD that the word "Mortgaga" wf~ether in the singular w plural anywhere in this Matgsge, thall be sinyula? if on~ only ~~d .-d V : shall be plural join*.iy snd severally if mwe than one, and that the wwd "their" ~s used sn here in this Mort yw 9sge sMll be taken to me~n "hi~ •'hen or "its;' wherever the context so impties o~ admits. Alw, that wherevr there is a reference in the covenants and agreements herein contained to any of the p~rties hereto, the same shail be construed to mean as wetl ~s the hein, leg~l representatives, sutcesson and ~ssigns (either voluntary by atf pf th~ '1 ' parties w involunrary by operation of the law) o( the same and that the covenan!s herein contained shall bind and the benefits and advsntapp inw~ ~ ~ ; ~o the respective heirs, legal repreie~tatives. successors and asi~gns of the parties hereto. ' And said AAortgsgors, for themielves and their he'ns, legal representatives, successors and assigns, hereby jointly and severally covan+nt and ayree = ro and with the said MORTGAGEE, its soccessors and ass~gns: ~ ~ 1. To pay all end singula? tF+e principal i~d interest ar+d the vsrious and sundry wms of mo~ey payabl~ by virtw of ssid promiuory nofe, and this ~ ~ mortgage, each and every, promplly on tix days respectively ±he same uverally become dve. t 2. To pay tll and ~irgui~r the taxei, assessments, levies, liabilities, obligationi and enc~mbrances of every ~aturo ~nd kind raw on s~id d~salb~d ~ p~operty, or that hereafter may be imposed, suffcred, pt~ced, fevied, or au~ued thereon, u that herea(ter may be levied a assessed upo~ tha Mwp- ~ age, w the indebtedneu secured hereby, exh and every, when due and payable, xcwding to law, befae they betane detinqveM, s~d befor~ ~ny iM~nft artathes w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY $ATISFIED AND DI$CHARGED OF ' RECORD AND THE ORIGINAL OFFICIAL OOCUMENT tSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENDORSEO ~ OR CERTIFIE~) SNAII BE PLACED IN THE HANOS OF SRID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in the evc~t that a~y thereof is not c:a~d, sat sfied and discharged sa d MORTGAGEE may ar any t~me pay the same or any part thereof withovt w~iving or affectinp •ny optan, lien, eq~ity or s •~qhr under or by virtue of this morrgage and rhe full amount oI csch and evc~y such p~ymrnt shall be irr.mediately due and payable and shall bea~ interqt ~rom ~he dare rhereo~ until pa~d at rate of n~ne pe~ cent~m pe. annum and toge~ker w;th such interest shall be secured by the lirn of th's morgtage. ~ ~ r~ . . , . _ _ . -