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HomeMy WebLinkAbout0602 33~~1 ~ ~ Y THI$ INOENiURE. n~d. ,r~_ 24th day of June ~y 76~ ~,W~„ _~.oung D. Dickson and Estelle S. DicksonLhis wife of St . I.ucie ~ounty Flor~da, here~nafte~ deignated as fhe "MORTGAGOR," and F~R DERA • SAVIPIGS AND IOAN A$$p~IATION OF fORT PIERCE, a corpwat~on wganized and ea~~~~ng under the tawi ot the Un~ted Statas of Am~rics ~nd Mvirg its printipa) plu~ of bu~lneu in ths Cify o( fwt Pierce, S?. lucia Coun~y, Flor~da, hereinaiter designsted as ~hs "MORTGAGEE:' WNEREAS the MORTGAGOR is iuit~y indebted to the MORTGAGEE in the sum of S 19 ~ good snd lawful money af the Un~ted Sratet advanced by the A7lORTGAGEE unto the MOkIGAGQR, as ev~ckncrd by a cerra~~ prom~aso~y note of even date herewith, of whith IM followinp in s 19 ~ 00~~.00 a true coPy, +o-w~r: ~ 10022001 Fort Pie~ce, Flaida, .1une 24 19~6 fw value received, 1, wz or ei:hrr of us, pro i to w h ut defa!cat~on, Io the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE al Fwf Pierce, ibrida. ~he sum of s~~ _ w+th intereai (rom date at the rate of 8• 7So per ~nnum, in monthly install- ~ ~nents as fol!ows: 5168 _ on the 2~t h day of August_ 76 and a like sum on the co~respond~ng dsy of each month therr after until Ihe whole be fully pa~d. Each instalt~nent firs: shall be appi~rd in payment of the interest and then on the unpa:d balance of the prindpal sum. If defaulf is rnade in fhe Fayment of any instaitment when d~e, ar.d such deie~lt co~vinues 3~ days; then at the oprion of the ho~der, and witF~out any ofher ratice, all the remaining ~nstallments shall be due and payable at once. P~iwiege is given to prepay this note in whole or in pa~t at any time without penalty. Neithtr forebearante, nor acceptance by tht ho!der th.ercof a!t~r any default in any payments hereon, shall be deemed extension. A late payment charge oF =8' 4O - shall be added to each insraliment ~emain~ng unpa~d 7 days after its due date, and a:~ke sum shall be addrd to each such installment remaining unpaid 7 days after each succeeding paymero date. ~ Each maker, surety and enda-;er hereoi, joint~y and severally, waives demand, presenrment p~otest and notice of protest for nonpayment, an~ fu?the~ ag~ees to any extension of rime of payment, e~ther be'ore or afrer matur~ty; w~thout not~ce to any of us; and to pay all costs of collection, inclvding s reasonable a~rorney's Fee ~n the event of any de4au!t hereunder, and hereby severally waives all benelit oi homes~ead and exemptio~ under the tautitution and laws of eath $tate of the United Stares, ~s aga~nst this obGgatioh or eny eatension or renrwal hereof. Witness the hand and seal of sach party. s/ Young D. Dickson ~~U . . •.,r;~s • (SE/?l) 3"~Y ` v~~~~~-~L,~ • r~ - ccc/7 s Estelle S. Dickson ~ $28.50 « ( ~ $tate Revenue ~ ~K NOW, THEREFORE, the MORTGAGOR for she pur;,ose ef securing payment of se~d sum of s 19 ~ OO0 • O0 , snd 1he perfom»nce of th~ cevenants arid agreements hereinafter eapressed, and for dive~s good and valuable consideratio~s, by theu preseny, does grant, baryain, HII, remise, re!ease, convey and confirm unto the MORTGAGEE, its s~ccesiors and assigns, a11 that ccrtain Iot, piece w parcel of land, iituate, lying, and being in the County of St . Lueie and State of F{orida, de~cribed as follows: East 35 feet of Lots 15 and 16, and East 35 feet of North~5 feet of Lot 17, Block Clyde Killer~s Addition according to the plat thereof re- corded in Plat Book 4, payo_ 73, of the public recotds of St. Lucie County, Floriaa. r ~ STATE t=~OR~D~'= ~ nOCUMENTAR~"~~ ~`~,57~' M~ T~' ~ i P.ECEIVED tN PAYMEHT OF ~d.XES `Y' ;i~~T.~J~ KE~'EYUE:';~~`~~:3 i DUf ON CLASS'C IdTANGIBLE PERSdhAL ~~QPERfY, ~ xr. N = _ l~ s~-. C ,I - ar~ =?e ft ` Z 8. ~7 Q ~ PJRSiYJ(T TO CtiAF1ER Tl•134, AiCTS OF 19)1. ~t~ - ,;ur 3 "v' T6 ~ I FiO~ER POlTI~IS ~ v+ _ ~ ° CLEIM CIACIM OUII~~, Sf. L[1Ctf CO., Fu i i ~ By agzeement of Mortgagor and Mortgagee on file ~ with Mortgagee, the within mortgage secures not ~ only an existing indebtedness, but also ADVANCES i to be HEREAFTfiR made by Mortgagee to Mortgagor ~ the aggregate of which will equal the principal 4 amount specified in the promissory note secured ~ hereby. ~ y iugetner wilh all and singular the tenements, he~editaments •nd sppurtantes thereunto belonging w in anywite ~ppertaining therefo, and ~I) renb, issws, ~ proceeds and prof;ts accruing and to accrue from said premises, all of which are included in tF~e above and foregang deuripfion and Mbendum. ~ TO HAVE AND TO NOID the above descr~bed and granted prem~ses unto the said MORTGAGEE, its successon and assigns forev~r. Md th~ said their !v10RiG GOR for - - heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suctesson ~nd astipro, • t~ie are s ~ rhat -y lawfuily se,zed of the said prem;ses in fee simple; that the wme sre free, clear ~nd discharged from all liens Md Mcvrt? brances in law or in equity, and that they W~~~ a~d - tj]e1Z heirs shall warrant and defend the title to the same to tF~s Nid M.ORTGAGcE, its successcrs and assegns, forever against the Iawful claims and demands of all persoru; PROVIDEO, ALWAYS that if tfie MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed ~nd shall trufy, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and eve~y tMe stipulations, agreements, tonditiora and tovenanb of said ~ promisswy oote and of this Mortgage, then this Mwtgage and the Estate hereby created sMll tesse and be null and void. « j= ; IT IS UNOERSTOOD tf~at the word "Mor~gagor" whether in the s~ngular or plunl anywhere in this Mortgsge, ihsll be sBngula~ if one only and ~ ; shall be plural joimly and severaily if more than one, and that the word "theh" as used anywhere in th~s Mortgsge shall be taken to mesn "his;' "hen;' : or "its;' wherever the context so impiies or admirs. Also, that wherever there is ~ refererxe in the covensnts and sgreements herein contained to any of ~ ~ fhe rties hereto, the same shall be constr~ed to mean as well ~s the heirs, 1 p+ egal represrntatives, successaa and suigns (either vol~nf~ry by ~ct of th~ ~ parties or involuntary by operation of the law) of tho same and that the tovenants herein contained shall bind and fbe benefifs and sdwnqy~f i~wl~ 's, to the respective heirs, kgal rep~esentatives, successors and ass~gns of the parties hereto. i ~ And said Mort rs, for themselves and their heirs, I al re resen?alives, successas end asi ns, hereb ~ ~ _ 9~ e9 P g Y jointly and severally covenant ~nd ~yree to snd with the said MORTGAGEE, its successors and asa~gns• # 1. To pay atl snd singula~ the pr;nc;pal ar~d interesr and the var~ovs and svndry sums of money paysble by virtw of said p?omissory rate, and tha e ~ mwtgage, e+ch and every, promptly o~ the days respectively the same uverally become due. ti ' ~ 2. To pay all and s~ngular the ta:es, assessme~», levies, Gabilif~es, obUgatio~t snd encumMancet of every nature and kind now on taid dtscrib~d ~ property, ~ thst hereafter may be imposcd, suFfered, pl~ced, fevied, or sssessed thercon, a that hereafter may be Ievied p ~uessed upon tF?is MorIQ- ; ~ age, or the i~deb~edness secvred hereby, each and every, whcn due and payable, accordiny to law, betore they become delinqueM, and before ~ny iMer~tt afraches or any penairy is incvrred; ANU INSOFAR AS ANY THEREO~ IS OF RKORD THE SAME SHAII 8E PROINPTLY SATiSF1E0 AND DISCHARGEO OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT ~SUCH AS, FOR INSTA~tCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AtlY ENDORSED z OR CERTIFIED) SHALL BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHR~ TEN DAYS NEXT AFTER PAYNIENT; and in the evcnt tMt ~ny thereof is no1 ~a~d, sat'sfied and d~scharged sa"d IaORTGAGEE may at a~y hme pay IF.e same or any part thereof without waiving w affecting any optioc~, lien, eq~ify or # •~qht vnder or by virtue of this mortgage and the f~Il amou~t of each and every wch payment shall ~ immediately due and paysble and shall bea? iofe~est ~ ~.om the datr thereo~ vnti! pa:d at rare of n,ne pe~ cer,r~m per anr.um and together w~th wch ~nterest shall be secured by the lien of th:s morgta9e. ~ r < ~ ~ .,~„r=r . - - _ : . ~s~'~