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HomeMy WebLinkAbout1275 . ~ ; ~ 3U'~8b~~ ; . t,i . t f THIS INOENiURE, Made thn ~t~~ day of '~"y ~ _ A.D. 19.~75. bctvreen ` ~dl~fred ,~C iati~jny a sin~Ie a~c ~ ancT'Tar~or~.'e F~; fil ia ~ a sin~-Ie a~c ult s ~ ~ of St~_].~1lCi.e , County Florida, hereinaiter desi9nated as ~he "MORT ~t~OR;'~anJ FIRST fEOERAI SAVINGS AND IOAN ~ ' ASSO~IATION OF FORT PIERCE, a corporation orgapizrd and exi~ting under Iha la,ys of the United Statas of America and having iu principal place af , bvsiness In the City of Fort Pierce, St. l~cie Covnty,. F~orida, herefnaher designated a~ the "h10RTGAGEE." ~ f ' WHEREAS Iho h10RTGAGOR is ~wtly indebted to the h10RTGAGfE in tha surn of ~4QQ~Q~_~, good and Ijwful money of the Unittd I States advaneed by tha MORTGAGEE umo the MORTGAGOR, as avidenced by a crria~n p~omissory note of oven date herewith, o( .tihtch the fol~owing in ' wo~ds and figurrs is ~ trvn copy, to-wEt: - s ~~~OO..9.~_ - - - 130d0032 ~ , ~p ~ ~ Fort Pierce, Fl~rida, _ ~1dy S 19 75 ~ for value recei•ied, ~ve or eithu o} us, promise to ~ay, withoul defalcalion, ~o the order of FIRST FEDERAI SAVINGS AND LOAN ASSCCIATION OF i i , FORT PIERCE at Forf Pierce, Florida, thz svm of S- ~lO00 !~0 w;!!~ inre~est trom da?e at 1he rate ot 8!? ~o per annum, in monthly install• • ~ ments as fot!ows: S-74zOO ~ on 1he _?~thday cf _~uqUSt 19,75and a like sum on the ~orresponding day of eath month there- { after umit the ~vho!e be telfy paid. - _ Each installment first ihall be applied in payment of tl~e interest and tl,en on the unpaid balance of the princtpal sum. If default is made in the F~Y~~~ent of aqy inytaltmen) vr~zn, du:, and_ suth d~fauh continves 30 days, then at the option of 1he holder, and ~vitho;~t any other notice, a~l the •emaining . l. installments shall he due and payab!e at ence. Privilege is given ~o prepay this note in whola o: ir, pacl at any tima w+thoul peoalty.. he~~her_torebearance, rwc.atceptance 6y the ha!der thereof aiter any defau~t in any payments I:erron, shall 6e deemed extension. A late paymeM tharge of'S '3~70.:; shaH be- . _ added to each installr,~ent remain~ng unpaid 7 days after its due date, and a like sum shall be addrd to each such instaibneN remaining u~paid 7 d+,ys after ' each succeed~ng payment datt~: _ Erch maker, surety and endorser herzof, ~ointly and sFVeraliy, wat~•es drmand, presentment protesr and notice ~f protest for nonpayment, and further ' agrees to any extension of time of payment, either bafore er after maturity, witFout nohce to any of us; a~d to pay all costa oi colleaion, inclvd~ng a `t- : reasonable ~ttornay's fer in the event of any de;auEt hereunder, and hcreby severally walves all benefit of homestead and exemption u~der the constitulion i and laws of each Srete of tl~a United States, os ayainst Ihis obGgalian or any extensicn or renewal hereof. i ' ~ Nitness the hand and seal of each party_ ~ - - _ • - - _ sl Wilfred r=. C'hati~nY (SEAL) . ~ ~ (SEAL) _ S,~ ~tarjorie E. ~~,111oLt • (SEAI) ; ~ 13 • S~ ) Stare Revenue - - . (SEAI) . (5tam~rerxr~tMed ~oR orRjRt~l~rt~Rr _ ~ . NO'JV, _THEREfORE, Ihe MORTGAGOR for the purpose of sec~•ing payment oi said sum of S 9, 0~ • O0 , and the performa~ce of the covenants and agreements here~nafter expressed, and for divers good ~nd valuabfe consid-rations, by these presents, dces gra~t, bargain, sell, remtse, release, convey and conf~im unto the MORiGAGEE, its successors and assigns, all that certain lof, piete or parcel of land, situate, lying, artd beirtg in the Co~nty of ~_i LuCle and State of Florida, descr~bed as follows: ~ ~ Lot lb~ _'[31ock 471, P~OP.T ST. LUCIF, SECTIOV 6= as recorded in _ P2at Book 12~ Page 36A~ of the public records of St. Lucie . County, ~'lorida - • _ : / ca ~ ' - ~ . - `~i ~ - ~~5~„€i ~ 1 _ eF~~~~, _ ~ ~ ~ ~ R , ~ 3 ~ ~ o QA~~~~ ~`~o•~ _ - t1'~'' ~t:.~~ r. ~ p~ ~N ~~~Z oE lgl _ ~ - "O v~ yL`'~-~~~ ~ ~ _ U \a~"~`e pC'~5 E~'' ,t, i ~~?t'~fi, ,,`si"~~~ • ,G ~N`~G~~~~-~~~,~~c. _ - ~ i ~~-GF.~p~C~O ~,~(~;'E,~~~~ $t- . i ~ ~ . ~ 1,~ - . l ~l~~ 1,~~~~ .I" _ 'r ~ ~ _ ~ J~` ~4~`( C~\R~ r~ tege~her with att and sir,gular the tenements, hered~taments and appvrfances thereunto belong~rtg ot in anywise appertaining thrreto, and all tsnt~, issves, proceeds a~d proiits a_cruing and to accrue from said premises, all of which are inttuded in the above and fotegoing desuiption and habendum. ~ TO HAVE AND TO t{OlD fhe above des~ribed and granted premises ~nto the said MORTGAGEE, it~ successors and assigns fore~er. And the ia4d ~ their 1VtORTGAGOR for heirs, executors, administrators and assigns, hereby covenanis wilh the said MORTGAGEE, its succeuors and atsi~nt, -the are that ---Y------ lawfully seized of tht said premises in fe~ simple; that the same.are free, clear and disthatged ita» all liens and Encvm- brarRes in law or in equiry, and fhat they _ Wyi and theZY hein shall wartani and defe~d the tiHe to the same to the tatd - MORiGAGEE~its successon ano assigns, forever against the la:vt~) claims and demands of all peraons; ~ ?ROViDFD, ALWAYS that if the MORTGAGOR shali pay unto the MORTtiAGEE the proinissory• no?e hereinbefore desuibrd and shall truly, prcmptly - ard fufly perform, d;scharge, execute, comp(ete, comply with and abide by each and every the stipulations, ag?eements, conditions and tovenants of iaid ~ promissory ~ote arxi af this Mortgage, then this lllortgage and the Estate hereby ueafed shali tease and be nutl and void. ~ - li IS UNDERSTOOD thbt the word "Matgagor" whether in the s~ngolar oz plural anywhere irt this l;artgage, shatl be :ingular- if one ooly and sF.af; be plural jointl~r and severally if mare than one, and that ihe word "their" as used nnywh~re in this Morigage sfiall be faken to mt~n "his;' "hen," ~ ti'~d or "its;' wherever the context so iinpliei or ac~mits. -Also, that wherever there is a reference in the covenant: and ag~eements herein contained to~any af . the parties hereto, the same shall be constrved to mean as well as the heirs, legal representatives, ~iuccessora and assigns (eithe,~vol~ntary by act of tFx ~ parliei o~ involan~ary by operation of the law) of the same a~d th::t the cover.ants herein con?ained.shall bind snd the Fxnefits and advantnges inure .q to ~he respective heirs, legal representatives, suaessors and asrgns of the parties hereto. _ . ~ And eaid Mortgagors, for themselves and their heirs, legal rtp~esentatives, wcceuors 3nd suigr.s, hereby jointly ane~ severally covensnt and igree to and with the said MORTGAGEE, its successors and assigns: _ _ l. To pay all and singular ihe.prirxipal and interest and the various and sundry s~ms of money payable by virtua o'f saiti pro:nissory note; and thit ' mwtgage, eacfi and every; promFtty on the days respectively the same sevarally beceme dve. as 2. To pay all and singular the tazes, as:essments, levies, liabilities, obligations and encvmbrarxes of every nature ano kind now on said dexribed p~ property, or that hereafter may be impa~ed, suffered, pla~ed, levied, or ;ssesssd therean, w ihat Fsereafter may be levitd or assdud vpon this INortfl- sge, or the indebtedness secvred hereby, sach and eve.y, when d~r and payable, xcording to law; brfore they become delirsqueM, and bafore any inter~st anaches or any penally is incurred; AND ItJSOFAR AS ANY THEREOF IS Of RKORU THE SAi4AE SHAII 8E PROMPTLY SATISFIEQ AND DISCHARGED OF - RECURD AND THE ORIGIIvAI OFFICIAI DOCUVIENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SAiISFACTION PAPER OfFIClAILY ENDORSED OR CERTIFIED) SHAtI BE PLACED IN THE HAMDS OF SAID MORTGAGEE WITHIN TEN'DAYS t~EXi AFTER PAYMENI; and in the event Iha1 any thercof is not paid. sat'sfied and disthsrged sa:d 1hORTGAGEE may at ary time pay the same or any parl thereof witho~* waiving or affecting any optiori, lien, eq~ity or ?Epht vr.der or by viHve of this mortgage 3nd the (ull amo~,nt of e:ch and every svch paymPnt shall be immediately due and payable and sfiall bear intetest _ ~rom ~he dafe thereof unti: pa7d at rate of n~ne per centum per ann~m and togethe? w~th such intereit shall be secured by the Iien of th's motgtaye. ~