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HomeMy WebLinkAbout2938 r~ , ~ " 31~~~,2 ~ ~ ~ . , • _ 1' E' . _ ~ ~ a , . . 1NIS iNDENTURE, Made the ' 1~% tf~ day of _~_Jl1riC _ A.O. 19 7 S , between .~ames 111 E!emin~er and ~.~trici~ ~1. 1!emin~~er, h s~td~te~, of r+~ . 1.1]C~.C County floride, hereinafter designated as Ihe "h10RTGAGOR,'~ ~and'flf75d+ F€P,fRA4~ts4iCWiGs AND IOAN ASSOCIATION OF fORT PIERCE, e corporation organized and exis~in9 under !ho laws of the United Statas of Ahxtt~a ltnd iuvlnQ i~~, principaf place of bu~ines~ in Ihe City of forf Pierce, St. lucie Counfy, Flerida, hereinafter designated a~ Ihe "h10RTGAGEE." • " ~ ~ • , . : " WHER[AS fhe h10RTGAGOR i: j~stly indebted to the MORiGAGEE in the surn o( S- ~ ~~n •~n_-T:...,~good and~id~Lfbl ~/+bney of the United Stales advanced by the MORTGAGEE un~o the h10RTGAGOR, as avidenced by a ceria;n promisso~y note oE even dafe herewilh, bf~wj~Ith the folluwing in words and fi~ures is a lrue topy, fo-wih s 37.000.00 • . . t 130000~~9 ; t % No Fort Picrce, Fio~~da, .?une 17 * ~y 7 S for value received, 1, ~ve or either of us, pron,~se to pay, without defalcat~on, ~o tl:e order of FIRST fEDERAt SAVINGS A~lD IOAN ASSOCIATION OF FORT PIERCE at fu:l Piarce, florida, ~he sum of 5--37lOO0•~~ _~v;tF, ;n!cresl from date al the rate of per annum, in monlhly insiali• ~ mrMs d: roi!o,,,,: S_ 305 00 un ,h2 -~nti~day af Se -~teml~er____, ~9._7 ~ and a like sum on the corresponding day of each month there- after until the who!e be fully paiJ. ' . Each installment first shall be appl~ed in paymenf of the interest and then ~n the unpaid balance o( tlie princtpal sum. If de(ault is made in the payment o~ any install:nAnt when due, and such default conlinves 30 days, then a~ the option of the holdcr, and without any other notice, all the remaining installments shall be due and payab!e a1 once. Privilege is given to prepay ttiis ~ote in who!e or in part at any time without penally. Neither torebearance, nor acceplance by ihe holder thereof afler any deia~lt in any payments hereon, shall be deerr.ed extension. A late paymenl charga of S 15 . 2 S, shall bo added to each installment remaining unpaid 7 days afler its due date, a~d a like sum shall be added to each such installment remaining unpaid 7 days ahet ~ each succeeding payment date. ~ s Eacti maker, surety and endorser hereof, joiMly and severally, waives den,and, presentmer~t protest and r.otice of protest for nonpayment, and further ~ agrees to any extens~on of time of payment, either bafore or after mawrity, withouf ~totice to a~y of us; and to pay alf tosis of collection, induding a . reasonabls atrorney's fea in th~ event oF any defau~t hereunder, and hereby severally waives all benefit o( homestcad and exemption under the constitution ~ and laws of each Srate of the United State;, as against this o6Ggation or any exransion or rene~val h~reof. ~Vitness the hand and seal of each party_ _ S~.J~mes L. i~emin~er (SEAL) ISEAI) _ s/Patricia ~i, iteminc~er (SEAI) ~ t 5 S. 50 _j State Revenue ~ - ~5~~~ (Stnmps-xar+~eih~d~ rnratlgfi3t Tate~ ~ - NOW, THEREFpRE, the MORTGAGOR for the purpose of securing payment of sai~ sum of S 37• • O0 and the performance of the covenants and agreements hereinafter axprESSed, and fo! divers ~ood and valuabte considerations, by these presents, does grent, bargain, sell, remise, ' release, convey and confirm unto the MORTGAGEE, its suaessors and assigns, all ~t~a: certain lot, piece or partel of land, situate, lying, and being in the County of $t . I~UC1C' ~ and State of Flcrida, described as follows: ~ ~ _ . ~~aa~~ao=ooq~-~c~/a - Lot E3, F?loc}: 115, SOtlTt~ PORT ST. LUCIF, UNIT as recorded in . ~ P la t~ oo}: 13,- Pages Il,~ 1~A th: ough 11C, puhlic recorcis of St. Liicie Count;•, "lorida~ . ~ t , _ _ _ ~~R"iD`A _ _ - ~ ~ ~ TNYAR~ a----M--~. - ~ _ . ppCUM~ ; - r YENUk r 5~ 5' V ~ oz . ~O _ DfPZ• KE . ` `2 c'' ~4. r~ x~ rn ~ ~ti4~2~ ? L ~ ~ ~ ~ - ' ~G P6• , ~~-;-y _ = ti~~ct - . - • ~ . ~ . - . t-, ~ . . o . _ ~ - RECEIVED ~ - % IN PAYMEf(T OF TAXES ~ - DUE O~Y CiJISS'C' I,yTqt~GIBLE PERSONAI PftpPERTY~ ~ . . PURSlU4~1T TO CtlAPTER 71-134. qCTS OF 1971, ~ , . - - - ROGER PORRAS ','Il ~ _ ~ CIfRK CIRCUIT COURT, Sf. LIiL'~~ ~p., F~ ~ Y ~ 4 - 2 together with all and singular the ter.ements, heredifaments and appurlances thereunto belongin~ or in anywise appertaining thereto, and all rents, issues, ~ proceeds and profits accruing and fo a;crue from said premises, all of which are included in the above and foregoing description and habertdvm. ~ TO HAVE AND TO tiOlD the above described and granted premises unto 1he said MORTGAGEE, its s~ccessors and assigns forever. f~nd the said MORTGAGOR fer heirs, executors, administrators and assigns, hereby covenanls with ihe said MORTGAGEE, its svccessors and ~uigns, that Iawfull seized of the said t~1E~~~ a re Y premise: in fee simple; that the same are free, dear and discharged from all liens and oncum- brances in Iaw or in equity, and that 'thE'-'i will and their heirs shall warrant rnd defend tfie title to the iame to ihe said - 11IlORTGAGEE, its svccessors and assigns, forever against the lawfut claims and demands of all persons; _ ~ PROVIDED, ALWAYS ihat if the MORTGAGOR shal! pay ~nto the MORTGAGEE the promistory note hereinbefwe desuibed and shall truty, premptly _ and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenanfs of said prom~ssay note end of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be n~tl and void. d IT IS UNDERSTOOD ihat the word "Mortgagor" whelher in the i+ngular or plural anywhere in this Morigage, shall be singular if one cnly and ~t~ shall be ptural -jointly and severolly if more than one, and that the word "the~r" as used anywhere in this Mortgage shall be tsken to meart "his;' "hen;' ~ or "its;' wherevei the context so implies or a~mits. Also, that wherever there is a reference in tha to~enanta and agreemen:• hrrein conrainsd ta any of ~ the parties hereto, the same sht!I be construed to mean as well as the heirs, Iegal representatives, svccessori and assigns (either voluntary by act of tFie parties or involuntary by opefation of the law) of the same and that the covenants htrein contained sfiall bind and the be~efiti and advantsget irtvr~ ro the ~espedive heirs, legal representatives, wccessors and asrgns of the parties hereto. - ~ And said Mortg~gors, for themselves and their heiss, legal rapresentafives, svccessors and assigns, hereby jointly and sevenlly arienant and aqres ~ to and with the sait3 MORTGAGEE, its svccessors and assigns: . 1. To pay all and singular the principal and interesf and the various and sundry svms of money payable by virtue of said promissory note, and thi~ mortgage, each and every, promptly on the days respectivefy the same severally become due. 2. To pay all _and ~ingular the taxes, assessmenb, levies, liabilities, obtigations and encvmbrarxes ef every nature and kind now on said dtscribed property, or that hereafter may be imFosed, s~ffered, placed, Ievied, or auessed thereon, or that t?ereafter may be levied w assessed opon this Mortq- age, or the indebtedness sec~red hertby, each and every, when due and payable, according to law, before they become delinqvent, and befon sny i~terat aitaches or any penalty is incwred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SA/NE SHAII 8E PROMPTLY SRTISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, FOR 1NSTANCE; THE TAX RECEIPT OR THE SATISFACTION PAPER OFFIt1ALlY ENDORSfD i OR CERi1FlED) SHAII BE PIACED IN THE HANDS Of SAID MGRTGAGEE Y~ITHIN TEN DAYS N~Xi AFTER PAYMENT; and in the eveM that any ihereof is not ! _ paid, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any optio~, lien, equity or ?~qht under or by vi~tue of this mortgage and the full amount of eacF and every svch payment shall be immediately d~e and payabfe and shall bear interest ` irom the date thereof until paid af rate of n~ne per centvm par annvm and toge~her w~:h such interest shall be secured by fhe leen of th:s moryta9e.