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HomeMy WebLinkAbout2435 ~ ~c~~~~~ i~ THIS INDENT~IRE, A1ada the_ t~~ day of , A.D. 19 r'~ bet~vee~ ~ ,1OS(? n~ ~.~~1~'Otli(.' A SITl~l~.C' ilCjll~t - ~ ' • a( St ~ 1.11r1P _ ^ Cour.ty Flori;ia, hereinafter dtsignjled as Iha "h50RTGAGOR," and FIRS~ FED:RAI SAVlNGS AND IOAN ASSOCIATION dF fORT PIfRCE, a corporotion organized and exKling unJer ihe i~•NS of the United S~atQS of America and having its principai place of - business in the City of Fort Pierce, St. tucie Covnty, Fforida, hereinafter designaied as tha "MORTGAGEE:' ' WNEREAS tha A50RTGAGOR is j~stly indebled to the h50RTGAGEE in ~ho s~m of ~ ~~a~Q__ , good and lawtul money of tha United StntOS ad~a~,ced by ~ha hlOniGAGEE unto the RAORTGAGUR, as avidenc_d by ~ certa~n prcmissory note cf even date he~e.viih, of v.hich tho (ollowinc~ i~ words and figures is a uua copy, to-~vii: - s i~,$ao . oo No i 3ooao Forf Pier:e, Florida, ~'lc'1 V 20 ,19 75 ~ ior vatue retei~ed, I, wr or cither of us, p:onuse ro pay, wi+hc+ut clefalc.i~~on, to the order of FIRST FEQERAt SAVINGS AND IOAN ASSOCIATION OF FORT PiERtE at For~ Pierce, f!orida, the s~m cf S lt-'.s-~~0 •4~--_____. .4;!i~ int~rest fra.o Jate at the rata of ~!~_°o per ann~m, in moMhly install- ii~ents as fol!o•:.s: Sl_~-~~•~~ - on thr ~Ot1~ day oF __~_~~ll~__ 19__!_S_.ano`a like evm on the co~respond~~g day af each month th-re- ~ after umil thr ~~ho!e ba fully paid. - Each instal'ment first shall be apnlieJ in paymcnt of the interest and tl~en cn the unpa~d batance of the prindpal s~m. If defauit is made in tha Nayment of any i~ifZal'man; when due, and svch defavit continues 30 d~ys, Ihen at tne option of thr holder, and without any other notice, all the remaining - installments sha(I ba due anJ payab!c at once. Privil~~z ~s given to prepay this note in whole or ~n part at any timc withoul penalty. .Neilh:t forebearaote, ~ nw acceptance by th: he!der iher~-of after any defautt in any paymems hereon, shal! ti~ deemeJ extension. A late paymeM charge of S 5~~=, shall be . added ~o ezch inslalirr,enf rema~ning unpa~d 7 days efrer its due date, and a li1.e sum shall t;e added to each such installment remaining unpaid 7 days after eath sucteeding paj~ment d~tr. ' . Each maker, surety ar~;1 endorse~ hcreof, ieintly end severally, waives demanci, presentment protest and notice af prolest {or nonpayment, and fu~!her ~ agrees to any e~tcnsion of I~~ne ef payment, ei!her h=fore or after ~natur~ty, w~ithout not~ce io any of ~s; and to pay all tosts of collection, includ~ng a reasona6~e attorrey's fee in the event of any detault hereunder, and F~ereby se.•eratly waives all beneSit of homestead end exemption under the <onst~tvtlon and la•.vs o£ each State uf th_ United Sta;zs, as against this obli~?tion or any extension or renewal hereof. - LVitness the hand and aeal ot each party. . . . ~ . ~ - . • • ~ S~ .~OSept~'n. i~aROn te ~ (SEAL) . . - ' a sin~~e ad~~ (SEAL) • (SEAL) ~ _ , _ - (SEAL) ~±~.~a~Q---~~~_) State Re.-vnue - ' - " Etia~ps-carw~od.~..os~~w4wote) ~ _ . . t~lO'N, THEREfORE, the h40RTG.lGOR for fhc purpose ot securing Fayment of sa~d sum of S 12 ~ 8(ln .(~O , and the peiformance of the covenants and agreements here~na(ter expressed, and for divers good aRd •:atuab!e consid~rations, by the;e presents, does grant, bargain, sell, remise, retease, convey and co~firm unto the h10RTGAGEE, ifs successa;s er.d assigr.:, at; tF.~t ceitain lot, piece or parcel of land, sitvate, lying, and being in Ihe _ County of ~ t. Li~c ie , and State of Florida, descr.bed as follows: - ].ot 12~ 1':Ioc': ~'/1~'!O`'1' ~'fiI';"TS A(?DITIO`: #3~ accorc?inn to the - plat thereof as recorc3ec~ in plat ~ook 9~ Pa~~e 4fi, of the nuhlic_?'eeorc~s o~' St. Lucie Count~~, ~'lozida - ~s~/3f ~'~03_p//`~-~nC~~ . . - ~ TA`T' ~ ~ ~ i c~ .~1. ! . . _ - [3p~~L~!~IEf;~ARY~--~--,.~STti;lti'-='` 1. ~ ~ ,1, . ~ ~ ~ ~ L i• !~.i = [.1 L 1 ~ ~ - ~ ' - - . - 7 ~ ; ~ - - « - ; ~s - _ - a;,t ~ ~ . ` { ` r : 1 ~ ~ ~ - F a ~ t • ~ _ • . ` . - ° - ~ - ~ ''1.5/ (L;" ~ IN PtJiMENT Of t~ RECEIVED C INjMiG18LE ~EHSOtyAL PRO~n~ - _ ~ ptfE ON CLASS C~iER 71-13+1. AC1S Of 191L ~~1~ - - y PURSt1ANT ROGER PO(TWS ~ i ' . ~ q.fRX CIRCUI~ COURT~ S7. 6UC~E C~~ : . _ _ ~ - _ a ' ! ~ I together with alI ar,d sing~tar the tenemems, he.-ed~taments and appurtances thereunto belonging or in anywise appertaining iF.ereto, ~nd all teNS, iswes, proceeds and profirs accruing and to accrue fram said premises, ail of w•hich are intluded in the above and foregoing destripfcon and habertdum. ~ TO HAVE AND_TO HO!O the above desrribed and ~ranted premises unto the said MORTGAGEE, its svccessors and assigns forever. And ihe qid - ~ MORTGAGOR for ~11 5 heirs, execufors, adminis~rators and assigns, hereby cavenants with the snid ML`RTG.",GCE, its sutcessors and a~siynt, mn~ t~~ -1~--- Iawfully se7zed of the said _ prem~ses in fee simpte; ~hat the same are free, dear rnd~ discharged from all liens and enc~rtr - brances in law or in equity, and that~- will and h 1 S heirs sha~l warrant arx! defend the title to the same to ihe said 4lOR?GAGEE, its successon and assigns; foretier against tne (awful ~laims and demands of a!I personr, " PROVIDED, ALY~AY$ that if the 1~,ORTGAGOR shall pay unto the AAORTGAGEE 1he promissay note hereinbefore desvibed and shall trvly, prompfly and ful:y perform, d:scharge, execute, comp'ete, compiy with and ab~de by each,and every the stipulations, agreemenrs, conditions and tovenants of said _ pram~ssory note and of this hl~rtgage, ~hen this IAortgage and the Estate hereby created shatl tease and be null and void. - IT IS UNDERSTOOD that the word "Mortgagor" whether in the singvlar or plural anywhere in this Mortgage, shaU Ee singular-if one only and b~ ~ shal! be ptural jointly and severalty if more than one, and that the word "the~r" as used anywF?rre in thit Mortgagt shall be taken to mean "his;' "hen;' or "its," wherevei the <onteai so impfies or admin. Alio, that wherever therc is s reference in the covenants _and agreements he~ein coNained to any of ~ the pariies hereto, the same shall be construed to mean as well as the heirs, legal representative~, s~tcessors and assigns (either voluntary by ad oi fhe I~ _ parties or involuntary by operation of the (aw) of the same and that the covenants herein contained shall bi~d and the benefitf and adventagp inure to the respective heirs, tegal representatives, successars and ass'gns of the parties hereto. - . ~rr And said Mwtgngors, fer ihemselves and iheir heirs, iegal representat+ves, s~ccessors and assi9ns, hereby joinlly and severally covenant and agree y'Y ro and with the azid MORTGAGEf, its successors and assigns: _ _ ~ l. To pay all an~ fing~lar the printipal ar.d interest and the various and svndry svms of money payable by virtue of said promitwry note, and thii ~ ~ - mortgage, each and every, promplly o~ the days respectrvely the same severally become dve. 2. To pay atl and singular the taxes, assessments, levies, liab~lities, obl~gat~ons and entvmbrontes of every na~vre and kind now on said dest?ibed property, or tfiat hereafter may be im~osed, suffered, placed; levied, or assessed thereon, ot thaf hereafter may be ievied or usessed ~pon thts Mort9- age, or the indebtedness sec~red hereby, each and every, when d~e and papable, according to la~r, before ihey betorr,e definquent, and befote any lnterest attzthes or any penalty is incurred; Ah0 INSOFAR AS ANY THEREOF IS OF RKORO TFiE SAME- SHALL BE PROMPiLY SATISFlEU AND UIS: HARGE~ OF RECORD AND THE ORIG1tvAl OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE 7~ X REfEfPT OR THE SA715FACTION PAPER OFfICIAIIY ENOORSED - OR CERTIf1ED) SHAIt BE PIACED IN THE NANDS OF SAI~ ~LORiGAGEE Y/ITNIN TEN DAYS N'cXT AFTER PAYMENT; and in the eveM ihat any Yhereof is rtot paid, sat'sfied and discharged sa'd 1.10RTGAGEE may at any time pay the same or any part thereof withoul waiiing br affecting any option, lien, equiry or .iqht u~der or by virtue oI th;s mortgage and the full amount of each and every svch payment shall be immediately due and psyable and shall bear inTerest From the date thereof untit pa:d at rate of n;ne ~er centum per annvm a:.~ together w~th such interest ihall be secured by the lien of th:s morgtage. - - - - - - . ~ ~ ~