HomeMy WebLinkAbout1440 . t f 47 1
1~t11 June A.D. 19?5 between
THIS fNDENTURE, Mada the _ oay of
. - Dennis ~+1. Perdew and Judy W. PerdeK hIs wiie _
! ' i ~ + '
pf St . I.'UG 1@ , County Florida, he~einailer designated ai the "MORI~,AGOR," and FIRST FEDF.RAL SAVINGS AND LOAN
ASSUCIATION OF FORi PIERCE, a corpatal~on urga~ixed ar.d existing under thr •laws of !he United $tatas af Amerite and having it~ ptincipal plete of
b~sin~ss (n the City o( Forl Pierce, 5f. lucie County, Florida, hereinaiter detiignated as Ihb "MORTGAGEE:'
WNEREAS tha h10RTGAGOR is i~s~~y (ndrbted to tha h10RTGAGEE in the :um o} c_ 15 ~ 2~~.~0____, floocl and lawful money of ihe United
Sfafes advanted by the 1,lORTGAGEE unto the MORTGAGOR, as evidenced 'uy a terta~n promissory note of evan date herowith, of whith 1he foltawing I~
word~ and tigures is r ~rue copy, to-wii: ,
= 15~200.00 ~ ~0 10021395
fort ~irrca, f:orida, Jdl~1$ l~ 19- 75
For value received, 1, ~ve or eitF;er of us, Fromisa to pay, wi~hout defeicatian, to ~he ordrr o4 FIRST FEDFRA! SAVII~:GS AND IOAN ASSOCIRTION OF
FORT PIERCE at F~rt pierce, flo~ida, Ihe svm af f 15Z2Qd•~0 ~ti.~~~! i~~erest irom date at tho ratr of 9•~OO per annum, in monthly install•
ments as folluws: i 1'37•~~ on the 20th day of - J~~___.__. 19---75 and a like sum on ths corresponding dsy of each monfh thero-
ailer until tF.r whole be fu~ly ~aid. ~
Each installment first shail be applird in payment of tha inferesl and the~ en th> unp3id balante of th> princtpal sum. If de(ault ts made in the ~
payment of any installment khen dve, and such detauit coniinues 3~ days, then at the option of the hotdrr, and without any other notice, all the remaining .
installments shail ba due and payab!e at once. Privil4ge is given lo prepay this note in who}e or in parl at ~ny time without pe~alty. Neilher fotebeatance,
nor acteptance by the holder Ihereof after any defaull in any paymenfs hereon, shall be dcemeti extens~on. A tate payment tharge of 56.85 shall be
~ added to each installmenf ~emaining unpaid.7 days after its due date, and a like sum shall bc added to each sucli installment remaining ~npaid 7 days aftet
each succeeding paymenr date. ~ '
- Each maket, swety and endorser hereof, jointiy and sevtratly, wai~es demand, przsentment protest and notice of protest for nonpayment, and further
agrees to any extens~on of tima of payment,~either bsfore or aher maturity, w+shout not~ce to any of us; and tu pay atl costs of tollection, intluding a _
reasonable attorney's fee in the evrnr oF any defauit ficrt~nder, and hereby severally v+aives atl 6enefit of homestead end exemption unde~ the consfitution
and Iaws of each S~ate of tl~e United States, as against lhis obl~gation or any extension or renev~a~ hereof. ~ ' ~ _
Witness the hand and seal of ~~~n ~a<<y. D-ennis W. Perde~a (SEAL)
~ 1' ?r S3 V1~ _ - (SEAI)
- ...:...._.S~Judy W.' Perdew (sEnU
22 . 80 - . • - . ~ _ . ~s~?~)
State Revenue , , _
. ~ : , ; , • ~ Y -
tVt)y`l, THEREFORE, Ihe MORTGAGOR for the purpose of ser~ring payment of said'suin of j15.2~~.~0 , and fhe performance of tF.e
cove~ants and agreeme~ts hereina(ter expressed, and 1ar divers 9ood and val~able considerations, by Ihese Ftesents, dces gran~, bargain, sell, remise,
retease, convey and tonfirm vnto the MORTGAGEE, its svtcessors and assigns, aIl that certain lot, piece or patce! of land, sitvate, lying, and being in the
County of St. L.UCle . and State of florida, desuibed as follows: . ~
L.ot 6, Blo~k 6 af SOUTH 25TH STREET Subdi~vision, according to the Plat thereof,
- recordfd- in P-lat 8ook 11, Page 46, of the Public Records- of St. Lucie County, ~
Florida, _ ~`CoZ~'~3~• (,l~(~- ~~j~
. _
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E- _~t;~p,.~~ K~~~:. 2 Z'-$ 4 ~ -
z r . cn J 3.i i 1~ ~ • .i;~.>'Y::~ : _ ! . _ _
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kea~~__~ . . : • _ . .
; . ~ RECE(VED ~N PAYMEt~T OF TAXfS
, DUE ON CIASS 'C 1NTA.~lGI9LE PEa.~0::41 P.°.QPERtr~
- p'd~lAiiT TO CHAP'TER Tl•13i, ACTS Of 19/1.
- _ R06ER POITP,AS ~~C
! - - CLERK ClRq11T COURT, ST. LUCiE C0, F1J1,
.
E
together with atl a~d singular the tenements, hered~taments and appurtances there~nto belongiru~ or in anywise agpertair.ing thetnto, and all rmts, iswes, ~
- proceeds and profits acuuing and to accrve from said premises, a11 af which are included in the above artd foregoing desviption snd habendum.
TO HAVE APJD TO HO}9 the above described and granted premises unfo the said MORTGAGfE, its sutcessors and as~igns forevet. P.rtd tha ssW _
MORTGAGOR ior ---~he1r---- heirs, executors, administrators and assigns, hereby covanants with iFu ssid MORTGAGEE, its succeuort ~nd suiyro,
the are
that ----Y------ iawfully seized ef the said premises in fee simple; that the same are free, _ dear and discFurysd fiom atl liens and erxvm-
brances in law or in equity, and that they W;~~ pnd ttl@1Z heirs shall warrant arsd dsfend lka tiHe fo the same to ihe said
MORiGAGEE, its suaessors and assigns, forever against the law(ol claimt and demands of all perwns;
PRaVIDED, ALWAYS that if the MORTGAGOR shall pay unto the NARTGAGEE the ~romisfary nme haeinbefore desttibed and shall truly, ptomptly
and ~ futly perform, distharge, execute, comp:ete, compty with and abide 6y each ar.d every lhe itiputations, agreements, condiTions and covenants of taid
- ~ promissory ~ote artd o( this Mortgage, then this Murtgage and the Estate tiereby cieated shsll cr~se and be null sr?d void. -
~ C~
IT IS UNDERSTOOD ihat th. word "Mortgagcr" whether in the singular or plurol anywhere in ihis Mwtgage, shall be singvlar if one a~ty and -
aha11 be pivrat joimly and severally if more than one, and that the word °their" as used anywhere iq this Mortgsge sFull be taken to mesn "his;' "hen,"
w"its;' wherever the context so i~npties or adm~ts. Also, Ihai .,rherever !hete is a re{erence in the covenants and agreements herein corttsined to any of. "
the parties hereto, iha same shall tue constrved to mean as well as the heirs, legal represenlativti, svccessori and sssigns (either voluntsry by ~ct of the
_ par~i~s or imoluntary by operation of the Iaw~ of the same aod that the covenants lx~ein contained shall bind snd the benefitt snd sdvantages inure
to the respedive heira, tegaf rep:esentatives, successors and asrgns of the paroies hereto. -
And said Mortgagors, for themselves and their ixir~, lesa) representatives, succeiiers and auigns, he~eby jointly and severalty tovenant and s9ree ~
to and with the said MOP.TGAGEE, its successors.and assigns: " - - ~
' 1. To pay all and singular the prirxipal and intereii and fhe variovs ana sundry s~ms of money payable by vinue of said promiswty note, ~nd this: ~
mortgage, each and every,- prompNy ~o the days respectively the same severat!y become dua ~ -
To pay all and •i~ular the tazes, assessme~:t>, levies, liabilitics, obligariorts snd encvmbt+ncet of e~ery natvre and kind nryw on siid dest?ibed
property, oi that hereafter may br imposed, suffered, p!aced, levied, or stsessed thereon, or that he~esite? may bt lev'~ed ar usetsed vpon ihts Mort9-
age, or t}?e indebtedness secured hereby, exh and every, when due and payable, accorciing to law, beforc -they become deli~quent, snd b~Eort any tnt~rest
attathes or any_penalty i: incurred; AND INSOFAR AS ANY THEREOF IS Gf RKORD iHE SAME SHAtI 8E' PROMPtIY SA?ISFIED AND C~ISGHARGED OF
RECORD AN~ iHE ORIGINAI OFEICIAL DOCUMENT (SUCH A5, FOR INSIANCE, THE TAX RECEIPI a7R THE JATISfACT10N PAPER OFFItIALIY ENDORSED
UR CERTiFIED) SHALL BE PLACED IN THE HAIvDS (~f SAID MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that any thereof is ~ot
paid, sat'sfied aruJ discharged sa:d MORTGAGEE may ao any sime pay the same or any pan thereo! witFwvf waiving or affecting sny apfion, lien, eq~ity ot
_?iqht under cr by vittue of th%s mortgage and the Full amount of each and every such payment shall be immedintely due and payable snd shall besr intrreit
~rom the date thereof ~nfil paid at rate of nfne per tentum per annum and together wiih suth interesf shali be stcured by ihe lien bf th:s mM¢taye. '