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HomeMy WebLinkAbout1444 , . . _ t ~ ~ u~~~~ ' • iHIS INDEN~URF, Mada the 9th ~ay of .1uri~ ~ A.o. 19 7S. between ' - tt • ~ _____Ra~mond C._Eddl~man an Virginia A. Eddleman ._his wife. ~ ' of St . Luc ie County Floride, hereinatter'de~~9nated as t1~e "h50RTGAGOR," and FIRST FEDERAI SAV!NGS A.`JD IQAN ASSOCIATION OF fORT PIERCE, a corpc+ration organ!zed and existing ~~nda~ the laws of t!~e Uniled StatQS of America ~nd he~ing its printipel place of bus~ness in tho City of Fott Pierce, 5t. lutitt County, ilorida, htrcinaitzr des~gnafed as the '?.10RTGAGE[.' WHEREAS the h10RTGAGOR is j~~tly endebtad to ~ha A50RTGAGEE in the sum of S_ 17~ 500• ~O , goa! and lewful mo~cy u( ihe United States advanced by tha 1.lORIvAGEE uruo ihe MORTGAGOR; as evidrnced L•y a cer~a~n ~>romissor~ note oi evzn data herewith, of wh~ch ~he foliowing (n wo~ds and figures is ~ Irue copy, ta.vit: S 17 ~ 500 . 00 No 1002139~1 Fort Pierce, Florida, June 9 ~q 75 For value receiveJ, 1, we oc eithrr of us,.promise to pay, w~thout defalcsii~~, to Ihe order of FIRST FEOEkAI SAVIkGS ANU LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, Ihz wm oi 5~17_l 500• Q~ ~ti,t;i inierest from date a: Ihe rate of _ 4_._._°o per annu:n, in moMhly instalb ment; as fol!ows: S 17~• 00 - on ~h~ _2~th d~y of __~u~ 19__7~_ and a like sum on the torresponding day of each month thcre- after ~n~~l the whme be fully paid. ~ Each instaltmeN first shall be appt;ad in paymcnt of thr i~iteres~ a~~d tl~en on the unpaid 63!ance e[ ~ho princ~pal sum.~ If -defautt is made in the payment of any installmcnt when due, and such d_fauh cominues 3U days, then at tha option of the holdcr, and without a~y otfier notice, all the remaining installments shalt be due artid peyabIc at once. Priv~lega ii fliv~n to prepay this r.otc in v~~hole or in part at any time without penally. Neilher forobearance, nor acceptance b~ ?he ho!der thereof afrrr any defauit in any paymen~s 1•ereoo, sh~il ba deemed extevsicn. A lata payment charga of ; shall be a~ded to ezch i~~srallment remaining unpa~d 7 days ahvr i!s due dat>. and a IiAe som shall R>e added to each such installment remaining unpeid 7 days aftrr each su:ceeding paymrnt dare. ~ , ' - ~ Eath maker, svrety ar.d endorser hereoi, jointly and sevtral(y, w~alves demand, presentment protest and notita of protesf for nonpaymec4 and furiher -agrees to any extension of ti:ne of pay~neN; either betore or a(ter matvr~ty, withuut ~ot~ce to any of us; and to pry all costs of collection, .indud~ng a ' rPasonable atrorney's fee in the avent of any..default hereunder, and hereby scverally wa;ves a11 benelit of hamestead and exempiion under the constitution a~d.laws of ez:h Srate of the United S~ares, as against this obGgatlon or any extens+cn or rznewal hereof. ~ Witness the hartd and seal of cach party. r~~t ' ~y S/ Raymond 'C, Eddleman ~sEA~) ~''r e t ~ I SR 1. ' (SEAL) - _ ~ S/ Virginia A. fiddleman ~cEAU $26. 25 - , ~ ~ ~ ~ ~ (s~~~ ( State Revenua `y ~ ; , • , . 7iW'Qfd~J,C , - - - : • _ ' ; . - ' fV0'.Y, THEREFURE, the AtiORTGAGt7R for thc purpo~e of sec~ring payment of said i~m of S 17 ~ 500 end the performa~ce of fhe covenants and agreements here~nafter expressed, and for divers 9ood ar.d valuable considerations, by these presents, dces grant, bargain, sell, remise, - release, convey and confirm unto the 11.ORTGAGEE, its suzcessors and assigns, all fhat certain lot, piece or partel of land, sitvate, lying, and being in the - County of St . 1..U~le ~ and State of Fiorida, de~cribed a~ (ollowr. _ ~ . ,SC~I - DO/!o . - The East 30 feet of Lot 1 and the West 35 feet _of Lot 2, Block C - of PLEASAYT VIEW SUBDIVISION, accordii~g t~ the plat thereof recorded - . ~ ~ in Plat Book 8, page 53 of the public records of St . l.ucie County ~ • F l ar i da • ~ , 1 p ~ _ - - c,~- f-- 5~ ~ r. t.1 1 , - _ . ~ ~ . . ~ - . ~ . . . . A EN ARY - ~ _ K r~ i i. ~ p p~~M EYEf+Uk. y'`~~ i- r~ G~ s . REC - ~ ` - ~ ~ . 4 EIVED ~ / ~ - - `+~t t' ~ * ,s ~ ~ ~ IN PAYMENT QF TAl(FS . c~ ~ 5 ' ' DUE ON CU1SS INTANGIBLE PER50N11L p~ r_- pg ` - _ - -<<~ c~+ ~ ~ _f3-= . . . - Pt1RSilHNT TO CHAFTER 7I-134. /~;1S (1F 197 ~TM~ - f, e~,~ . . ROGER _ - , ca - F+DCrP.AS ~'J~~ - _ CLERK CIRCUI7 CGURT. Sf. R(x:iE CO., F(~t. : ! together w;th ail and singvlar the tenemenrs, hered~taments and appvrtances therevnto belonging w in anywise appertaining theteto, and all rents, issues, ~ proceeds and profits accru;ng and to accrue from said premises, all of which are included in the above ~nd foregoing +description and habend~m. - TO HAVE AND TO HOLD the above desuibed and granted premises vnta the said MORTGAGEE, its s~ctefsors and assigns forever. And tha ~aid their ~dORTG GOR for heirs, executors, administraters and assigns, heroby covenants with the said MORTGAGEE, it~ ivcceuors and sulyn~, - t~ey are that tawfully seized of the said prem~ses in fce simple; that the samE are free, clear and dischargtd from all liens and encvm- brances in Iaw or in equiry, and that they wili aad the11~ heirs shall war?ant and defend the til~e to 1he sane fc the said MORTGAGEE, it~ sutcessors anc~ assigns, forever against the laevful claims and ~+emands of ali Fersons; . - PROVI~IED, AIY~AYS that if thr MORTGAGOR sfiall pay unto 1h~ MORTGAGEE the prom~ssory note hereinbefore desuibed and shall ftv:y, promptly ~d and fu!ty periorm, discharge, ezecute, camptcte, carnply wi?h and ab:de by each and every the s?ipulations, agreements, corsditions and covenanls of ssid ~~v . pram~ssory ntite and of th7s Mort9age, then this l~lortgzge and the Estate hereby created shall ceste and be noll and void. - IT IS UIVDERSfOOD that the word "Rtortgagor" whether in tF.e s+ng;;!ar or ptural anywhere in Ihis Mo?tgage, shall 6a singvla: if one only and ~t` shall be plural jointly and severally if more than one, a~~d thal the v+ord °rhe~r" as used anywhero in this Mortgage sf~aSl be taken t~ mean "his;' "hen," ~~w~ ~ or "i~s;' wherever the context so i:np!ies or admits. Also, that wherever ti~ere is a referente in the covenanti and agrtements herein contained to any of ~ the parties heret6, the iame shatl be construed to mean as well as the Feirs, legal representatives, successon arn-! assigr,s (either voluntary by ati of the parties ot involunfary by operttion of the !aw) of Ihe same and that the covenams herein contained shal) bind snd the E.enefits and advantages inure ~ - ro the resp~ctive heirs, legal representatives, svccessors and ass'gns of the parties hereto. - _ ~ - F.nd said Mortgagors, for themselves and thei~ heirs, irgal repres~~fatives, evccessors and aasigns, hr:eby jointly and sevtrally covenant artd syree ~ fo and vrith the said MORTGAGEE, its >vccessws anct assigns: _ _ 1. To pay all and •ingular the pr~rxipal-and interest and the various and sundry svms of rroney payable by virlue of said promi~wry oote, and this - mwtgage, each and every, promptly on fhe days respectively the same severa0y become due. - - 2. To pay a!I end fin3olar the taxes, assessments, lev;es, liabilities, obligations and enc~mbrances of every nature and kind naw on said describxd properiy, er that hereafter may be impoted, suffered, p!ate~, levied, or auesscd thereon, ot thst kereafier may b6 ~evied or assessed upcx~ this Mafp- sgr, or the indebtedness secured hereby, each and every, when due and payable, according to law, befwe they become delinqvent, •nd befon ~ny intere~t i - attaches or any pe~alty is incvrred; AND _INSOFAR AS ANY TKEREOF IS Of RKORD THE SAME SHAII 8E PROMPTLY SATlSfIED AND DISCHARGE~ Of RECORD AND THE ORIGIhAI OFFICIAL DOCUMENi (SUCH AS, FOR INSTANtE, THE TAX RECEIPT AR THE SATISFf?CTION-PA~ER UFFICIAll7 ENDORSED ~ OR CERTIf1ED) SHAII BE PLACED IN TNE HANDS OF SAID 1~10RTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENI; and in the event that any thereof is no1 paid,_set'sfied_ and dischar~ed sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving ec nffecti~g any eption, lien, equity or ~ .iqht under ot by virtue of thi: morrgag- and 1he full amo~nt ot each and every s~ch paymeat shall be immediately due and payable and sha{I bear inTerest E kom ihe dait thereof ontil paid at rate of n~ne per centum per annum and together with such interest shall be secuted by the lien of th's motytapa €