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HomeMy WebLinkAbout2362 C _ , ~ ~ ; ~;~?~E~f33'~ ~ ~ . , ; . THIS INDENT~RE, hlade .the 20t~ day of ~'!ay _ _ , A p 19_ 75 , between ' T ~ ~ __.,_James_ Patrick_Nixont a_single ac3ult _i~ ` of S~ . ~..UCle Counry Ftorida, hereina(ter desi~~i~t~d -at the :'MORTGAGOR," and f~RST FEDERAI SAVINGS AND IOAN ` ASSOCIATION OF FORT PIERCE, a corporation organi:ed and exis~ing undEr thq law~, of the U~ited $tatQS oi America and havinfl U~ principal plete ef ~ business in the Ciry of forl Pierte, St, lucie Co~nty, Flor3da, hareina(ter desi~nated a~ tha "l~10R(GAGEE:' ' t WHEREAS the 610RTGAGCR is j~stly indebted to the h50RTG/IGEE in fhe suni o( S-~}~Os , good and lawtu! money o( !h> United ` States adva~~ced by the 1,10RIGAGEE u~~to the h!ORIGAGOR, as evidenced t,y a cec~sin pro+nissory note ut ever da;a herewish, at v:h~ch ~he following ~n i words and i~gures is a true copy, tu-•Nit: ~ s20.U00.00 " ~ . ~Q 10021359 • _ - fort Pierca; Ftorida, May 2O ~9 7 rj " For value recaived, 1, ~ve or ~ither of us, prcn,lse to pay, without defalcatio=,, to the order of FtRST FEDERAI SA\ ~':GS AND LOAN ASSOCIAT:ON OF FORT PIERCE al Fort Pierce, FloriJa, tht s~~m of $.___20s000• Q~ _~ti.Ith „ir~rest korn date a! the rafa of •~~u pe~ annum, i~ monthly install- ments ai fol'o.vs: SZ6~=QQ-__ on the?Oth day of _ J~~ ]S._.7S_ and a Gke svm on the corresponding day o( each month thete- ~ after until the whole be fvtly paid. ~ Each installment fint sha11 be applied in }~ayrnent of the interest and the~ on ~he unpaid ualance of the ptindpal sum. If defauh is made in the ' payment of any insfallmeN when due, and such defaull conlinue~ 30 days, fhen at the opt~vn of Ihe hoider, and without any othe~ rtolit~~, all the remaining ~ . installmeols shall be ciue and pay~b'e at ance. PrivilEg~ is c~;ven to prepay th~s note in wl;ote or in parl a~ any time without penally. Nailher forebearance, no~ acceplante by the ho!der thereoi aiter any detault in a~y pay:neMS hereon, sh311 be deemed exlansion. A late p3ymeM tharge of ~ 8• 25 , shall be ; . added to each inirallment rernaining unpa:d days aher its duc date, and a Ilb.e sum shati Le addrJ to each wch instatlment ~emai~ung unpaid 7 days after ~ - each succeeding payment d3re. _ • E ~ Each mnker, svrefy and endors~r hereof, jaintly and uverally, waives demand, pr~i~ntment protest and no~ice o( protest tor nonpaymenl, and further ^ # agrees to any ex!ens~on of ii,r.e of po~m;m, e~tner bafure cr ah~r maturity, v„ti;out norce to any oi us; a~id to pay ali costs of colled~on, incl~d~ng a ~ reasona6te attomcy's fee i~ the evrnt of any defautt I~ereundzr, and hereby sev~-alty waiv.s a}I benefit of homestead and exemplion under the constitution ~ and lavrs of each State of the Un;ted States, as againsf this obliga~ion or any c..tens~on or renevial he:cof. - _ _ V'~imess the hand and seal of each party. - ~ - - . - . _ S/ Jame s Pat r ick Nixon ~ (SEAI) ~ . a s i na le adu 1 t (SEAL) ~ _ ~s _ - (SEAI) •,-~i ~ 30 00 - ' ts~~~ " ~ ) State Reve~ue ~ ~Q54D{~DC~[OEZk9i)0?C7E~G~f?C . e NO'N, THEREiORE, the h10RTGAGOR for Ihe purpose of securing payment of satJ sum of $ 2O~Q0~.~~ and the performance of the ~ covenants and agreements hereinaftar expressed, and for d~ven gaod ar.d vatuabie cansidere~ions, by fhese presenfs, daes grant, bargain, sell, remisA,, ~ release, convey ar.d confirm unto fhe MORTGAGEE, its suuessors and assigns, a:i that certain IoL pieca or parcel of land, situate, lying, and being in ihe 3 Covnty of ' St . LUG1Q and State of Florida, described a~ follows: i - _ _ - ~ ~ , _ } Lot 3, Block 36, LaKEk'OOD PARK, UNIT ~VO. 4, accordin9 to the plat thereof ~ . , _ _ _ ~ _ . recorded in Plat Book 11, page 2, of the public recozds of St. Lucae County, ~ ~ Florida - /30/ ~~o~-D/~q-oQO~3 ~ _ . ' , _ ~ . _ - ~ . ~ , - . . ~ ~ ~ . ~ ' . ' y - ~ - - ~ - ~ ts~G? 3 lr ~ --1 _ oU ~ME~~F~~~~ . } - ' `~QP ~Q~ ~ _ N ; "f AT' E= r ~ ~ r y r,: ~ P ~ . ~ ~ U I?i E P•3 T!a ~ - ~ ; ~ T : ~ ~~F I_ ~ ~ _ ~ G ~1G~~' ~l~js ~ - ~ L7 ' ~c . ~•~~~_.oF~P£VEriz~E,:~=Y ; - ~ REG~-~`A~iC~~t~~~~"Qp~g~`S ~ECA+~~ Y _ - M = f--~ ~~°_>r::~~~~~`~~;'~ 3 Q. D ~ # ov~,°".~~o~`~'~(,s~'~`'~ - ~ . . In = ~ R ~ a`\_... . . ~ p~y`~ ~(J d~ - . +7 O "_-.i- ' ' ' . . .a . . . C~'~ ~ f ~ t~ether with ail and sir.gu~a: the tenements, he~ed~taments and appuriances thereunto belong%ng or in anywise appertaining lhereto, and all tents, issues, ~ proceeds and profifs aaru~ng and to accrue from said prem~ses, all of which are included in the above and foregoing desuiption and habend~m. ~ TO HAVE AND 70 HOID the atove described and granted premises unto the saiu MORTGAGE[, its succesaors and assigns forever. And the said e IdORTGAGOR 4or --h1S_______ heirs, ezecutors, admin+strators and ass~g~s, hereby covenants with the said MORTGAGEE, its successors and astigni, ~ that -~~e-15 lawiully seized of the said premises in fee simple; ihat the same are free, dear and dischatged from all liens and entvm-~ i brances in law or in equ+ty, and that he wil; and hiS heirs shall warrant and defend the title to the same to the said MORTGAGEE, ics sutcessors and ass~gns, forever against fhe tawful daims and demands of a!1 ptrsons; PRGVlDED, ALYIAYS that if the MORTGAGLIR shatl pay unto the MORTGAGFf 1he piemissory nofe hereinbefore deuribed and shall truly, promptly and fvily perform, d~scharge, execute, complete, comply vtith and ab;de by each and every the stipulations, agreements, cor,ditions and covenants oi 3sid prom~ssory r.o!e and of this Mertgage, lhen this Mo~tgaga and ihe Es~rte fiereby created shatl cease and be nult and void. _ IT IS l1NDERSTOOD that the word "Mortgagar" wfiether in tha s~~gutar or plural anywhere in t~i+s Mottgage, shal) be sirsyular if one only and sha1: be plura! jointly and severally if more than one, and that fhe word "their" as used anywhere in this Mortgage shal! be taken to mean "his," "heri" or "its;' wherever the context so i:: p!ies or admits. Also, ihbi wherever there is a reference in the covenants and agreements herein tontained to any of the parties hereto, ifie same sha11 be conurued to mean as well as the he+:t, tegal ~ep~esentatives, sutcessors and assigns (either voluntary by atf of ihe ~ ~ parties or involvntary by operation of the (aw) of the sarre and that 1he cover.ants herein contained shall bind and Ihe benefits and edvantage~ inure ~ to the respective he~rs, legal representatives, suctessors and asrg~s oi th? parties hereto, • ~ ~ ~ And said lVSortgagors, for themseives and their heirs, legal representatives, svccessors and assi9ns, hereby jointly and severalfy covenant and agret ~ to and with rhe said MpR7GAGfE, its successQrs and assigns: - - ~ I. 7a pay all and singvlar the principat and interest and the various and sundry svms of morr_~y payable by virtue of said promiss~ry note, and thii ~ ~ mortgagp, each and every, pramp~ly on the days respectively the same severally become due. ' . ~ ~ - 2, To pay a{I and_singvlar she tazes, assessmenrs, leries, liabilities, obligations and enc~mbrancei of every nature and icirw aaw on taid dexribed ~ ~ properly, or that hereafter may. be +mpoted, suffered, placed, levizd, or assessed thereon, ot that herea(ter may be levied or assesird upon thit Maig- ~o ~ age, or +he indebtedness secvred hereby, each 3rtd every, when due and payable, according to law, before they become de!inquent, a~d before any intereit o - a~taches :.r any pe~alty is inc~rred; AND INSOfAR A$ ANY THEREOf IS Of RKCRD iHE SAME SHAtI 8E PRON4PTtY SATISFIED AND DlSCHARGED OF ~`6 RECORO AND IliE ORIGftiAI OFfICfAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE Y~ITHIN TEN OAYS NFXT AFTER PAYMENT; and in the eve~1 that any the~eof is not paid, sat'sfied and discharged sa'd /.SORTGAGEE may a! any t~me pay the same or any part thereof without waiving or affecfing any option, lien, eqviry or •iqfit v.~der or by virtue of this mortga9e and !he fvtl amount of each and every_ such payment shall be immed~afely due and paya~le and shall bear interest - ?rorrt the_date thereof until paid at rate of n:ne per centum per anr.um and together w;th such interest shalf be secured by tF,e lien of th's morgtage. ~ _ i i