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HomeMy WebLinkAbout2395 ~ 3.~ ~ • ~ • . ~'E~il THIS IND:NTURE, Made thr 1~) t h d~y of ~u ne , A.U. 19? S~ betwean Euc~ene lier ndan an ~13x;1_ A_ tiern~n~~li~~ti~~ of LUC 1C County F!orida, hereineiler des~~n~rrd as ~he "~.lOR1GACiOR," and FIRST FEDERNL SAVINGS AND IOAN ASSOCIATION OF FORi PIERCE, a corporation organiied and existing vndar the laws o~ the Un~ted Stot~s oi America aiid hevinfl its principa) plece of business tn the City of Fo~t Pierce, St. lucie CouMy, Florida, hereinafter drsignated ai the "MQRTGAGEE:' ` WHEREAS Ihe h10RTGAGOR is justly indebted to the~MORTGAGEE in the wm o( S_ 25,600~-~Q ~ood a~d la~vful money of Ihe United ' $tates adva:xed by the h1C~RiGAGEE unto ~he l~IORIGAGOR, as evici.:~:ccd by a ceria~n promissory note of e~:en date herenith, of wh~ch the (ollowing in ' words and (igures is a ~rua copy, to-~vit: ~0 10Q? 1 i l cl ~ S 2~;600.UO ~ ' ~ ~ Fort Pie:cr, Florida, _ `~Une 1~ ~ 1q 72-- for valua re:eiv?d, I, ~ve or eithcr o( us, promise to pay, withou? defa!cetion, to tha ordcr of FIRST FEDERAL SAVIt~GS AND IOAN ASSOCIATION OF FORT PIERCE at for? P~erce, Florida, the sum ot 5--25~60U Lv~ih i~vcrast (ro~n datc at Ihe rata of ~._7~ per anr.um, in month~y install- ments as ful!o•.~s: S-2_l l• ~U--_ on 1ha 20th day of __~e~tember ~q__?.~_ and a like sum on the correspond~ng day of eath moMh Ihere- after until ~he wF.ole be futly paid. Eath installn;ent firsi shall be app'ied in payment of the interest and 1F:en cn the unpaid balante of the principal sum. If default is made in 1he paymznt of a:~y instattment when due, and•sJCh d~fault cont~nucs 30 days, then at tha oation ef the ho!der, and ~vithoul any other notice, all the remaining installmenla shall Le due and payab!e at once. Privilege ii g~ven to prepay this note in whole or in part at any time without penaHy. Neither forebearance, ~or acceprance by the hotder thereof aiter any defaulr in any payments hereon, shall 6e d~emed extension. A late paymenl charge of S_ 1O• ~5 shall be ~ added fo each- inslaiiment remaining unpaid 7 days aiter its due da1e, and a like sum shall be added to each such installment remaining unpaid 7 dayf after each succeeding payment date. . . Each maker, surety and endo:ser nereof, joinlly and severally, waives demand, presenrment protest and nolice of protesl for nonpayment, and further agrees to any ~xtension uf time of ~:ayment, e7ther before er aher maturity, without norice to any of us; and to pay all costs of collection, including a reasonable attomcy's fee in th~ event of any d~.`3uit hereunder, and hereby sevcrally ~vaives all benef~t ot hamestead and exemption under the constitufio~ and laws of each State of the United Srates, }s against this oblfgation or any extension or renewal hereof. f Witness the hand and seal of cach party. - (SEAI) ~ ~ _ ~r ~c If;:S~( Eugene Herndon ~sEAy (SEAI) • ' -`~S/' ' Mary A, Herndon ~S~y ~ State Revenve ~ . (9fa~i~}6Kaf?kM?ia[]i~iC~?f1Ci i~A • ' ~ ~ , . - ~ NO'N, THEREFORE, the h50RiGAGOR for the purpose of sec~ring payment of snid s~m of S 25 ~ 6~~ . ~0 , and the perfarmance of the ~ covenant~ and agreemen?s hereinaiter expressed, nnd for divers good and valuable considerations, by fhese presents, dces grant, bargain, sell, remise, ~ relea:e, convey and confirm unto Ihe MORTGAGEE, its successors and assigns, all that certain lot, piece or parcei of land, tituate, lying, and being in the ~ ~ Co~nty of St . Luc ie , and State of Flarida, described as fo!lowa: ~ _ ,3 yC~a- ~o~ . ~~cc~/~/ ~ l.ots 21 and 22, Block 1, ItVDIAN RIVER ESTATES, UNIT 1, as per _ lJ ~ plat thereof on file in Plat Book 10, page ~3 of the public " records of St , Lucie County, H lor ida ~ - ~ _ ~ _ ~ _ ~ And mortgagors covenan~ that they are one and the same ~ as the grantees named in that certain warranty deed dated ~ June 2, 1975,-from John F."Morris and Ella C. Morris to Eugene Herndon and Mary Hexndon. ~ - ~ s. - $ . . - _ t . -TA ~ r- ~ R t C~ ~ ?~cEn~ ~ . d ~ S T~ ~ sTtim~~ rr..~. { . _ Ti z ~ ~y~ y~+'_.__-- - r ~ UOCUMENTAR'r~;s-: ~E~~~~i~~E ERSptM,?,~ftl pRp TAxE~ ~ s~ e uf~::uF REV~N~~ j. i - rn_ ~ Jut12i~'~5 ~ ~ V. ~R 71•134. AC7~ OF I~/IER~~ i , .<<~ n, . PB. t?= ~ PDR >.,-~r ~ ~RK CfRCUIt CpU~ ~ ,/I1~'"~ i ^ ~ ~ tc~r:2 = . ST. - . ~ . _ [UC1E Cp. f1. f , ~L 3 ~I _ . . . _ . . . . . . . ' ' . . ~ _ ~ - Y t _ " 1 . i together w~th all and air,gu}ar the tenements, hered~taments and appurtances thereunto belanging or in anywise apFertaining thereto, and all rents, issves, ~ proceeds and profits accruing - and to acuue from said premises, all of which are inc~uded in the above a~d foregoing destription and habendum. _ ~ ' TO HAVE AN~ TO HOID the above described and grented premises unto the said MORTGAGEE, its successors and assigns forever. And the said h10RTGAGOR for : the 1Z heirs, executors, administrators ~and assigns, hereby covenants with the said MORTGAGEE, iti svccessors and auigru, _ that ~hP~-aLg-- la•,ivfuliy seized of the said premises in fee simple; that the iame are free, clear aryir discharged from all liens and encum- ~ trances in law or in equity, and"that they ,M~II a~d their heirs shall warrant and defend the title to the same to the tsid F_ ' MORTGAGEE, its succezsors and assigns, forever against the lawful daims and demands of all persons; ' _ PROVIDED, ALVlAYS lhaf if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deitribed and thall iruly, promptly and fut:y perform, d~scharge, execute, complete, comply with and abide by each and every the stipulatio~s, agreemenls, conditions nnd covenants of said promissory note and of th~s Mortgage, then this Morrgage and the Estate hereby created shall cease and be null and void. p 1 ~q - IT IS UNDERSi00D that tha word "Mortgagor" wfiether in the singular ot plurel anywhere in this 4lorfga7e, sha{I be singvlar if one only arid ~ sha!I be p:ural jointly and severolly if more than one, and that the word "the~r" as used anywhere in this Mortgage shall be taken to meen "his," "heri" ~ or °its;' wherever the context so implies w-admits. Also, that wherever there is a refetence in the tovenants and agreements herein contained to"any of ~ Ihe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, svccessort and atsigns (either voluntary by act_of the parties or involunfary by operation of the law) of the same and that the covenants herein comained shall bind and the benefils and advanta~es tnur• to the respedive heirs, legal representatives, wuessors and asrgns of the parties hereto. • ~ ~ And said Mortgagors, for themselves and their heirs,- legal tepresentative~, successors and assigns, hereby jointly and uveeally covanant and agree ~ to and with the said MORTGAGEE, its wccessors and assigns: 1. To pay all and singular the principal and interest and the various and sur.dry sums of money payablt by virtue of said promissory ~ote, and ifiit ~ morlgage, each and every, promptly on the days respectively the same severally become dve. 2. To pay a{I-a~d sing~lar the taxea, assessments, levies, liabiliiies, obligations and encumbronces of every nature_and kind now on ssid deacribed prop~rty, or that hereafter may be impo~ed, suffered, placed, levied, or suessed thereon, or that hereafter may be levied or dssessed upon this AM1orty- age, ar the indebtedness secv~ed hereby, each and every, when due and payable; according to (aw, before they become delinquent, ard before any interest attzches o~ any penatty is int~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTtY SATISFIED AND .DISCHARGE~ OF RECORD AND THE ORIGII3AL OfFIC1AL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFIG1AllY EtJDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, saYsfied and discharged sa'J fAORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, eqvity or •ight under or by virtve of this mortgage and the full amo~nt of each and every such payment shall be immediatefy due and payable and shal) bear interes~ from the date tnereof until paid at rate of nine per centum per annum and rogether wilh such inrerest shall be sec~red by the lien of th's motgtsQe.