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HomeMy WebLinkAbout2940 ~ . . 31~.13~ 1m~ ~ ~4 1 . s_ ~ , ~ ~ THIS INDENTURE, Made the? ~th day of June _ ~ i l: ~ ti q;D. =~9 atween ~ ' f1~.~ .,.,1 i ^ L.C.R. Corporstion_: ~ Flor~da ~t)__3`i~Y'F?.+~.Oj'~s j;_; ~i~~ :cv ~ St I,ua i e ' 1~' ~ ~ ` ~ of • ~ County Florida, hereinafter designateJ es the "AIORTGAGOR," and FIRST ~fFDE1~A~~~ SAVINGS. A~~D IOAN AS$pCIAT10N OF fORT PIEkCE, a corporation organized a~d exis~ing under the law: of Ihe United SlatQS of Ameiica a~d having its prlndpal plnte of business in the City of fort Pier<e, St. lucie County, Flarida, hereinailer designated as tha "h10RTG`AGEE." ~'YHEREAS Ihe MORTGAGOR is justly i~dabted lo Ihe h10RTGAGEE in ihn sum of S_~}~S2QQ~QQ_-___, good and la~v(ul money of the United Sfates advanced by the h10RTGAGEE unto the h10RTGAGOR, as evidenced by a cer?a~n promissory note of even date herewith, ~f wh:ch the following (n words and fi9ur~ts is a true copy, to-wit: . s i~1, 600. 00 No_ 13o0oo~K Forl Pierce, Florida, June 2~ lq_l Z___ for vatue received, 1, ~ve or cither of us, promise to ay, wiihout defalca~ion, to Ihe order of FIRST FEDERAI SAVING(S~ AND LOAN ASSOCIATION OF FORT PIERCE al Forf PLierce, Florida, the sum of S-- `t1_l~~~LQ~___ .viiF~ iN~r~7esf irom date at the ~ata ot _~_!_.9'o per annum, in moMhly inslall- ments as Fol!ows: S~o9 _ on the ?~~'h day of Au~_.____., 19.___l~ and a like sum on the correspond~ng day of each month there- affer unhl ~he who:e Le fully paid. Each installment f~rst shall be applied in payment of the interest a~d ttten on the unpaid balance of tho principal sum. If defa~lt fs made in the ~ paymenl of any installment vvhen due, and such defaul~ con~inurs 30 days, then at tne opt~on of the holder, and vrithout any othe~ notice, all the remaining instaltments shall be due and payable al once. Privileye is given to prepay this note in whole or in part al any t~me wilhoul penalty. Neithper forebearance, nor acteptance by the hoider thereof after any default in any paym,ents hereon, shall be deemed exlension. A lato payment charge of 5 ~ u•~ shall be added to each installment remaining urpa~J 7 days efrer its d~e da1e, and a li~.a sum :hall be added to each such_installment remaining ~npaid i days after each sutceedinr~ payn:ent date. _ ' - Each maker, surety and endo~ser h<reof, jointly and severally, w~aives demand, present~nent protest a~d ~otice of ptotest for nonpayment, and further agrezs to any eatension of t;me of paymen~, ei~her baEure or after malurity, vrithout natice lo any of us; and to pay- all ~:osis of collection, indirding a reasonab!e attorncy's fee in the event of any defauit hereunder, and hereby severalty ~vaives all beneiit of ho:nestead and exemption under.the constitution and laws of each State of the United St~tes, as against this obGgation or any er.tension or rener~al hereof. _ W~tness the hand and :eat ot each party. L~ Ci ~ R. C~RP ORATION - - . By : John R. LonQ , P re s i dent (SEAI) Corporate seal affixed _ _ ~S~i~ _ - Rictiard W. Crowe, Vice Pre~~~en~ (~2.I~) Sfate Revenue . - (S~t) - (SlbfflpS"2~Ctfll~~TdtlgiRdl"'1lt1lC~/' - _ ~ NO'N, THEREFOkE, the MORTGAGOR for the purpose of securing payment of said sum.of }4Q~aQ~ , ar~d the per(armencu of the ~ covenants and agreements he?einafter expressed, and for d~vers gobd and valuabte conside~ationt, by these presents, does grant, bargrin, sell, rem~se, E release, convey and cor.lirm unto the f.10RiGAGEE, irs suc<essors and assigns, all ttiat cer~ain lot, piece or percel of land, situate, lying, and being in the ~ _ CovMy of St ~ LuC ie ~ , and State of Florida, desu~bed as followi: - ' - - ~ - O ` D ' ~ _ Lots 14 end 15, Block 1, W. W. CARVTONS SIIBDIVISION, . ` . - ~ ~ as recorded in Plat Book 4, Page 25, ag the public ~ _ ~ records of St. Lucie County, Fiarida, - ~ f ~ - ~ p,rf ~ ~F. FLt~ RQ~ ~ ~ - ~ - . ~ ~ T s7a?~ - ° s ~UMfhTARY~:._ ci pEPT. ~ ~ REYENiJE y- s~ ' ~ ~r- rn _ - .iU!~25.Zy[ .y Y! S L,. ~ O ~ ` , - S _ '~S' ~ - P.B. ~ 4~~ - ~ - , ~ ~ ^ ~{=r,~ ~ . . . b - • ~ • _ . ~ _ ~ RECEIVED ~ ~ IN PAYMENT OF TAXES . ~ ~ - DUE ON CLASS 'C INTAN~IBLE PERSO;~AL PROPERiY, ~ _ ~ PURSURNT TO CFfAPT ER 71-134, ACTS Of 1971. ' ROGfR POfiW1S ! ~ - ~ CL.ERK CIRCUIT GOURT, ST. LUCIE (`A., FIA ~ together w+ih alt and singv!ar the tenements, heredltaments and appurtances there~nto belo~ging or tn anywise appertaining thereto, and all rents, issues, " ~ ~I proceeds and profits accroing and to accrue from said prem:ses, all of which are, included in the above and foregoing desviption and habendum: ~ TO HAVE AtJD TO }fQID the above described and granted premises unto the said MORTGAGEE, its sutcessors and assignt forever. Md fhe satd ~I 1tiM1ORiGAGOjttforis--Zt'; heirs, executors, administralors and assigns, hereby covenanfs with the sa:d MORTGAGEE, irs svcceisor: and assiyn~, l . that 1----- tawfully seizedio~ the said premises inifgessimple; that the same aro free, dear and discharged from all liens and enr~m- brances in law or in eqvity, and that will and T heirs shall warrant and defend the title to the sama to the said A50RTGAGfE, its successors and assigns, forever against the lawful claims and demands of all persons; ~ : - PQOVIOED, ALWAYS that if the IhORTGAGOR shall pay unto the MORTGAGEE ihe promissory note hereinbefore described and shall fruly, promptly - ~ and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stip~lations, agreeme~ts, condition: a~d covenants of ssid ~ promissory nofe and of this hlortgage, then this 1~~ort9age and the Estate hereby treated shsll tease and he nvl~ and void. f IT IS-UNDERSTOOD that the word "Mortgagor" whether in ~he singvlar or plural anywhere in this Mwt~age, shall be sing~lsr if or?e only and nyb , shall ba plural joinlly and severally if more than one, and that the word "their" as used anywhere in this Mortgage :hall be taken to mean "his," "hers," y~ or "its;' wherever the context so irr.plies w admits. Also, that wherever there is a reference in the covenants and agreements herein contatned to any of ! the pa?ties hereto, the sarrie thall be construed to mean as well as the heirs, legal representatives, successors and asiigm (either volur~tary by ad of th~ ~ ~ parties or invotuntary by operation of the law) of the same and that the <ov.enants heiein conlainrd shall bind and ihc benefih and adv~ntsges inure ~ to the raspective heirs, legal representat~ves, sutcessors and ass'gns of the parties hereto. - And •aid Nbrtgagors, fw themselves and their heirs, legal represe~tatives, svctassas snd assigns, heroby jointly and severally covenant snd ~yree ~ to and with the said MORTGAGEE, its svccessors artd assigns: - 1. To pay all and sir?~ula! the prirxipal and iMerest and the vnrious and sundry soms of money payable by virtue of said promissory nole, and fhit mortgage, each and every, promptly on the day~ rcspectively the same severally txcome dve. - ~ 2. To pay all and singular tbe tazes, astessment~, levies, tiabilities, obligations and encumbrantes of every nsfure and kind now on taid deuribed i property, w that hereafter may be imposed, suffered, ptaced, levied, or auessed thereon, or that hereafter may be levied or auessed vpon tbis Maty- f age, or the ir:debtedxss secured hereby, esch and every, when d~e and payable, according to law, Eefore they become delinque~t, ~nd before any interest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIED AND DISCHARGED OF ~ RECORD ANO THE ORIGINAI OFFICIAL DOCU~IAENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFfIC1AtLY ENDORSE~ _ ~ OR CERTIFIED) SHAII BE ~LACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any tixreof is not F paid, satsfied a~d discharged'sa:d 1~lORTGAGEE may at any time pay the same or any part thereof without waiving or affecting sny option, lien, equiry ot •iqht vnder or by virtue of this mortgage snd the full amount of each and every s~ch paymeM shall be immediate~y due and payable and shall besr interest f.om the date thereof ~ntil pa:d at rate of n~ne per cenlum per annum and together w;th such interest ihall be secured by the lien of th:s motyts~e.