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HomeMy WebLinkAbout0065 ~ ~r~r~~n as rocows: on tne day of 19-_~ a a like sum on the correspond~ng y of each month there- after until Ihe whole be fuliy id. . . Eath installment lir ahall be applied in paymen f the interest and then on t unpaid balance of the p~incipa um. If default is m~ in the paymenl of any instaflm 1 when dve, and such defa continues 30 days, then at t opfion of the holder, and witho any other notice, all remaining installment~ sha11 be and payabte at once. Pn ' ege ls given to prepay this in whole or in part at any tim ithout penalty. Neit forebesrance, nw atceptance by holder thereof aftcr an e(sult in any payments hcreo ~hall be deemed extension. A e payment chary~ ot shall bt addrd to each i tal~ment remaining unpa days after its due dale, snd like sum shall be added to eac uch installm~nt remai ' unpaid 7 dsyt after exh succeedi paym.enl date. r Eac maker, surety and endor r hereof, jointly and severally. aives demand, p?esentment pr st and notice of prot for r?onpayment, and further agrees t any extension oF time of ymenf, either before or a(ter turily, without not~ce to a~y us; snd to pay al cosis of collection, intludiny a reason le att~-ney's fee in Ih vem of any de(auit hereunder, nd hereby severally waives al! nefit of homestead and exemption under the constitution and ws of each State of t nited S~aies, as sgainst tt.is ob ' atioo w ~ny extension w renewal hereof. Witnesf the hand nd seal of eaSh party. ~ ~ ~ - . - - (SfI1l) - _ ~ _ _ - cs~?u ~ cs~?u . ' - _ - cs~w ve ps e on a~gma no e) NOW, 7HEREFORE, the MORTGAGOR fw the purpose of sec~ring psyme~t of s~id sum of s 2~~~~•~ and th~ performance of tF» covenants and agreemems hereinafeer eapressed, and for divers good and valu~ble conside~sfions, by these presents, does 9rant, barp~in, sell, remise. release, convey and confirm unto the MORTGAGEE, its tucce:so+s ~nd ass~gns, all that ce?tain lot, pieu or pucel of land, tituate, lyinp, and beiop in ths County of - $t. Lueie and State of fbrida, dewibed as tollows: Lot 17, Block 6, SOU~4iERN PINES SUBDIVISION according to the plat thereof recorded in Plat Book 9, page 68, of the public records of St. Lucie County, Florida. •P/ra e~~ • (p ~ 9- D~d Q~Q/ ~::~Y . 9- 9 ~ ~ i f ~ agreement of Hortgagor and Mortgagee on file ~ith Hortgagee, the rrithin mortgage secures not only an existing indebtedness, but also ADVANCES L~:~ t=, ~ to be HEREAFTER made by Mortgagee to Mortgagor t,. , ; T H!r r_. the aggregate of which xill equal the principal . . . _ _ amount specified in the promissory note secured ~~~'3 3 6 O~ hereby. _ ~ ~ IM PIIYMEMT Of j~ ~ R p~ pN (~11,Sg'C' INTAMGBIE PE~ON1~ ~~ry• pp~1lANi TO Ct111PSER 71-134~ ACTS Of 19~1. }71 r, {SOGER POI~RA.S . ~IERK GRCUIT OOURT. ST. IUCIE CU, F~ . togetF?er with ~II and singula~ tF~e tenements, hereditaments and sppurqnces therevnto belonging ot in anywiie ~ppertai~irg fhereto, and ~I) rentt, iuues, proceeds and profits accruing +nd to acaue from said premises, all of which are incl~ded in the sbove and fore~arp description and habendum. TO HAVE AND TO HOlO the above desuibed snd granted premises unto the aid MORTGAGEE, its wccessws and astiyru fwavu. Md th~ said MORTGAGOR for heirs, executors, administrators a~d assigns, I~ereby covenann with the said MORTGAGEE, it~ uxtesson and ~sti~M, that - 1~ ~s lawfully sei:ed of the sa~d prem~ses in fee simple; th~t the same ue frse, desr snd dixharged from ~II liens ~nd ~ncvm~ brsnces in law-o? in equity, and that it w;ll and i~ hein shall warrsnt u~d d~fend tM titk to tM s~m~ fo th~ said MORTGAGEE, its successors snd assigns, fwever against the lawful claims and dema~xls of all pe~w~s; PROVIDED, ALWAYS that if tMe MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefwe described u~d sMll fruly, promptly and ful!y perfwm, d~uF?uge, execute, complete, comply with and abide by each and every the stip~latioru, ~yreements, tonditions ~nd coven~nri of uid promissory note and of this Mor~gage, then this Matgage and the Estate hereby crested shall cease and be null and wid. oc IT IS UNDERSTOOD thst the wad "Mortgsgw" whether in the singular a plural ~nywhe?~ i~ this Mwtgay~, shsll be sinyulu if one only and shall be pl~ral jointly and severally if more tMn one, and that the word "their" as used anywher~ in tha Mon~~s sh~ll be taken to mean "his;' "hen," ~ w"its;' wherever the context w implies w admits. Alw, that wherever therc ii a referenu in tM coven~nts ~nd ayreemenb h~r~in oontaind to ~ny of the pa~ties hereto, tlx ~ame shall bs consrrued to mean as weli a~ the hein, kyal representatives, suueswn e-d auipm (eitF~er vo~untary by act of th~ Q parties or involu~tary by operation of the law) of the same and that the covenams FKrein co~tai~ed shall u~nd and ihe ben.6n •nd advantag.s inur. ro the respective hein, legal representatives, successws s~d au°gns of the parties F~ereto. ~ And said Nbrtgagors, for themselves snd their heiri, leyal representatives, iuccessors and auipns, hereby jointly ~nd sev~tally covenant and ~yree ~ to snd witfi the said MORTGAGEE, its successors and a:signs: r" 1. To pay all and si~gular the principal ~nd interest and tbe wr~an and sundry sums of rt~oney payable by vinue of said promisswy nott, ~nd this mortyage, eath and every, promptly on the dsys respectively the same severa~,y becortM due. 2. To p~y all snd sir?gular the tsxes, sisessments, levies, liabilities, obli9ations a~d encvmbranca of every nature and kind now on said describ~d ~ propeny, or that hereafter may be imposed, iuffered, plsced, leviad, or assessed thereon, a that hereafta may be levied a~ssessed upon this Map- ay~, or tM ?~bted~eis secured hereby, each and every, when due and payable, xcordiny to law, befae they becasw delinquent, ~nd btfwt ~ny interal ~ttathes w any penalty is inturred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII bE PROMPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGltJAI OFFItIAI DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffIC1ALlY ENDORSfD OR CERTIFIED) SHALL BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eve~t tMt ~ny thereof ia not paid, sat'sfied a~d diuharged sa:d MORTGAGEE may st any t~me pay the same or any part thereof without waivirg or affectinp any option, lien, eq~ity w