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309f~9
TNIS INDENTURE, Made ~n~ ~ 2nd day of _ June A.O. 19.75 between
Clarence J. Rexford and Sa~a Rexford, h3 Kife _
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- ~-t~:---- . ,
of ~t . Lucie County Florida, hereinaftrr desi~nated as Iha "tA(,'RiGnGOR;' and FIRST FEDEKAI SAVINGS AND IOAN ~
ASSOCIATION QF FORT PiERCE, a corpaation organi:ed and exisling under ~he la~~s of the Unired Staros of America and having Its pri~c~pal place of p
bus+rtest In the City of Fort Pierce, SI. lucia Counly, flo~ida, hereinafier designated ae ~ha "MORiGAGEE:' ~
WHER[AS the MORTGAGOR is justly indzbted to the ll10RiGAGEE in Ih~ su:n o( S-?$L~~~'~ ~o«i and lawiul money of the Un~ted
States advanced by the 1~10RTGAGEE unto ~he M~R(GAGOR, as evidenced by a ceria~n ~romissory ~ote oI even date herewith, oi wh~ch ~he foUowing in
words ani figurrs is a Irue :opy, fo-wit:
=28,000.00 N, 14021378
fo:t Piercr, Florida, `1t1Tle 2 lq 75
For value received, I, v,•e or either ot us, promise to pay, with~ut dafatcatlon, ~o the ordr~ of fIRST (EOER.4L SAVINGS AND IOAN ASSOCIATION OF . ~
FORT PIEP,CE at Forf Pierce, Floridd, ~he svm of s_28 - with interos~ from date at Ihe rata of 7~o pr.r an~ium, in monthly install-
231 OQ 20th Se tember ~5 ~
mems as foliovrs: S--_-! on tha day ef -p 12____ and a like sum on the cor~esFo~ding day of each month ihere-
after until the ~vho!z be fvlly paid.
Each ins!allment first sfiall be appt?ed in payr~ent of the interPSt and then cn the unpa~d balance ef the prinupa! s~rr. If deinult is made in the
payment of an; instaltmenf when due, ar.d such d=fau!t conti~wes 30 days, then at Ihe option af the holcler, and without any other notice, all the rernaimng
installments shall be d~e and payab!e at once. Priv~teye is givan to prepay this ~otc in v:hole or in patt at any time withe~t prnahy. Neither forebearance,
.nor accep~ance by the holder thereof aftzr any default in any payments hereon, shnll be dzemed extens~on. A late payment tliarge of S 11.55 shall bs .
added to ea;h instal~ment remaining unpa;d 7 days ~fter :1s due date, and a lil~r sum shall Lo added to each wch instalimeM ~emaining u~p~id 7 days after
each_ svcceeding payment date. -
Each maker, surety and enJoner hzrecf, jointiy and saverally, waives demand, presentment protest and notice of protesl for nonpaymenf, and furthet ~
agrees to any extension of time of payment, zither before or afler maturity, ~vithout nat~t~ to any of us; and to pay all tosts of collection, induding a t
reasonab!e attomey's fee in tha event oF any de(au:t hercunder, and hereby sevcrally waives all benefit of homestead and exemplio~i under the constitWion . ' ;
and laws of each 5tate of the United 5tat~s, as aga~nst this obl~gation or any extension or rene~val hcreof. - ~
1
Y~itness the hand and seal ot each party. . : i
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_ . '?t~? ! ; T - i ~ arence . ~x or (SEAL) ~
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.
. . ...._~~ara ex or esEAi~
; . cs~at)
( 42 . QO ~ State Revenue , . • . • -
(5brnf.i taneel+edron Z,r;3i~+eF ncie) ~ ; • . - ~
Nb'N, THEREFOR[, the A10RTGAGOR fo~ the purpose of securfng paymer.t of said s~m of = 28 ~ and the performance of the
- covenants and agreemen~s hereinafter expressed, and ior diven gcod anJ valuable considerations, by these pre~ents, dces grant, bargain, sell, remise,
refease, convey and confirm unto Ihe MORTGAGEE, i1s successors end assigns, a!~ that certain lof, Fiece or perce) ef land, situate, lying, a~d being in tha _ ~
" County of St . Lue ie , cnd 5tate oi Floridn, c~exri6ed- ~s follows: ~
f . ~
4ot 29, Block 103, PORT ST. LUCIE, SE~TION 27, as per plat thereof recozde~ ~
in Plat T;'u`viC 14, page 5, of the PuL~=t_ Records af St. Lucie County Fl.oric~a ~
f s
- ~ ~ _ .~~aa 30 - 0 7~~ - ~o% ~ - ~
_ .
. L' . . . , . . . _ . . ' _ _ -
N ~'rATE Fi._U G!~ f ~ _ ~
- - L;z DOClJI~~AEtii~AR~' .
~E ' ' .';{ST!-~~Y1P i f~ a• ~
xr ~ DEPT Ye::uE i
~n PB. ?~:i-,~'i~ }~y~ ~ ~~~0 ~ .
t.~^ t ~ l1 !
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A'ECEIVfD - Ua iN Pl4YfY1EM t}~ ?~XrS .
- DUE ON CUISS'C 1!lTMtGiSLE PERSOrW. PR(3gER~Y~
- P11R~A.HT TO (.~i~FTEtt 71-13'.. A;TS OF l9T1. -
.
~
RC•^E:: n-. ; . ~ X
- C~_f?Y Gf?MJ?T . ' • .
. , _ -_ti -s;
together with all and singular the tenements, hereditaments and appwtances thereunto belonging or in anywise appertaining fhercto, ar.d all aents; isiues,
proceeds and profits accruing and to accrue from sa:d premises, all of whicfi are included in the above and foreg~ing desuiption and habendum.
TO HAVE AND TO 110LD the at~ove described and granted prem~ses unto the said MORTGAGEE, itt s~ccetsors and a:signs forrver. And ths uid
their
MORTGAGOR for heirs, executors, ndm3r.istrators and assigns, hereby covenants with ihe said A10RTGAtiEE, iti tuttessors and stsigru,
- the are
~hat Y lawfully sei:ed of the said premises in fee simplr, thst the same are free, clear snd dixhargtd from all liens artid tr.twn-
- :•ar.ces in la~{t or in equity, and thar they M,~~~ and ~he ~r J hEirs shall warronl and defend tha title to the same to ihe ssld ~
V!ORTGAGEf, its successors and aasigns, forever agai~:s! the law/ul daims and demands of a!I Rersons; -
PROVIDEO, ALWAYS that if the 1fORTGAGOR shall aay ~nto the MORTGAGEE the promissory note herei~befere described and shall truly, prcmptly
- and fully perform, discharge, execute, comple!e, comply with and abEde by each and every she slipufations, agreements, cortdi~ions and tovenants of ssid '
promissory" note and of this 1~rtgagt, then tfiis Mortgage and the Estate hereby created shall ceax and be null and void. p~
tT IS UNDERSTOOD tha? the word '?dortgagw" whether in the sin9ilar ar plural anywFere in this Mortgage, shall bs singu~ar if one a~ly and
shafl be plural joinFly nnd severally if more rhan one, end that the word "their" as used anywhe.a in thit l~lorfgage shal) be taken ta mesn "hif" "hers," ~
or "its;' wherever the context so i:nplies ar adraits. Also, that wherever there is a reference in ~he covenants and agreemer~t~ herein contained to any of ~
rhe parties hereto, the same shaU be constr~ed to mean as weU as the heirs, legat representatives, succestors and assigns (either voluntary by atl of tM
parties or in+c!untary by operation of the law) of the same and that the covenants herein contained shall bind and the bensfits ar~ advantages in~r~ ~ -
to- the respective he:rs, 1e9a1 representalives, successors and asrgns af the parties hereto.
And said Mortg~gors, for themselves and their heirs, tegal representatives, svccessors and assigns, hereby jointly and severally covensnt and s9ree ~
fo and with ths said MORTGAGEE, itr svcceasors and assigns: . - "
1. To pay all and singular the principal and interest and the vario~s and sundry svms of money payable by virtue of said promissory note, and this ~
matgage, each and every, promptly on the days respectively the same severally become dve. _ _ " ~
2. To psy all an~ singu!ar the taxes, assessments, levies, iiabilities, obligations and enc~mbrances of every natirx arx~ hind now on said deuribed ~
properly, or thal hereatter may be imposed, suffered, placed, !evied, or assessed thereon, or that hereaHer may be tevied or suei~ed vpon this Morig-
age, or the indeb~edness securcd i~ereby, each and every, wnen due and payabie, atcord+ng to Isw, beforE they become deti:iq~ent, •nd before any interest
atlaches or any penatty is incurred; AND INSOFAR AS AhY THERtOF IS Of RECORD THE SAME SHAII BE PROMPTLY SP.1ISfIED AND DISCHARCaED OF
RECORD AND THE ORIGINAI OFFICIAL QOCUMENT {SUCH A5, FOR INSTANCE, THE T•AX RECEIPT OR THE SATISfACT10T1 PAPER OFFIClALLY ENDORSEG
-OR CERTIFIED) SHAII BE PLACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaf any thereof is rtot
paid, sat's{ied and discharged sa'd MORTGAGEE may a~ any t~me pay the same or any part thercof wi~ho~l waiving or aifecting any option, lien, equity or
.~qht ~nder or b~; virt~e of this mortgage and the full amounr of each and every ~uch payment shall be ammediatefy dve artd payabte and shall besr i~terei~
hom the date thereof until paid at rate of n~ne per censum per annvm and together wlth wch interest shall be secured by tha lien of th:s morytape. ~