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Home My WebLink About1183-- - i -- - ~ORx ~~ racy ~~.g . ~ THIS iN4ENPJRE, Asad• tft~4.~3rd ~ ~ _Novembar _ ~~~ AD. ,q_42.., between P f3TT1 F; ('r O oI~,BQt~~... 3 ~ ~ n Q ~S~1t - - - o} St a Lrtlc ~ e County pbrt~, heeeis-ehat ataalgnated ss Me "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN A,SSOCIATIt)N OF FORT PIERCE, • corporation organl>ud and existMg under tM laws of iM United Staten of Amaka and Mving In principal plat. of tx,aineaa in tM City of Fort Pierc•,_ St. Lucie County, Florida, harelnafter designated w tM "MORTGAGEE:' NiHEREAS'tM MORTGAGOR b Justly Irsdebted to tM MORTGAGEE h tf+e sum of s~000 •00 good end lawful mw»y o} the United States advanced by Ilse MORTGAGEE onto tM MORTGAGOR; as evkltptcad by ^ certefn premisrwry not. of win date Mrewith, of which tM following in wcrda~nd figures Is a trw copy, to-wlrt lo' 73 7 ~- ~-0~0 ,00 N, ~~7- Fort P{erce, Florida, ~ Nov emb B r i g O l_ For value rscefved; i, wa or either of vs, prorm~•ise to pay, without defefcatlon, to tM order of FIRST FEDERAL SttA~VINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort'Pieres, Florida, tM s~,m nof~.~ 5 •~04 e~0 ~_ with InteLreu fron date at the rata of V eb % per annum, In monthly Irutall- ments ss follows: 5~1.~._--QQ on tMi.SLS~-_ day of !7a~il~L4 14 y 7 and a like wm on tM corresponding dsy of each moroh thera- aftar until the whole ba fully pa}d. Each InstaflmerSt first shall ba applied In payment of tM Inta-ast and tMn on tM unpaid balance of the pr?ncipa) sum. Ii default Is made In tM payment of any instailmant when due, and such default continues 9D days, then at the option of 1M holder, and without •ny other notice, all the remaining installments shall be due and payable et once. Privilege Is given to prepay this not. in whole or In pan at any time without penalty. Neither fwebearance, nor atteptarxe by tM holder thereof after any default In any payn»nts neraon, shall be deemed sxtertston. Aisle payment chsrge of S Z • 20 shall be added to •sch ir»tallrrsent rerrteirirp unpaid 7 dayc after fri dw date, and a like sum shall ba added to oath such instellmsnt remaining unpaid 7 days after esch stsKeedinp payment data Each maker, orrery and endorser hereof, jointly and saver^_Ily, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before w after .-•a'•~rity, without notice to any of us; and to pay. all costs of collection, including a reasonable attorney's fee in the event of any default herwnder, and Mrsby savvally wolves ell benefit of homestead and exemption under the constitution and laws of each State of tM United States, as against this o`_''gatlon or any extension or renewal hereof. Wetness tM hand and Baal of each party. _ (SEAI) S Pau E. Goodnel~ Jr. (SEAL) a s Ilg.e a u (SEAI) tsEAu t ~•a ~~ 1 State Rewnw (Stamps unalled on original note) 000 00 NOW, THEREFORE, tM MORTGAGOR for the purpose of securing payment of said cum of ; ~ a • ,and tM performance of tM covenanri and agraerrtenh Mrelnafter •xpretted, and for divers good and wluebl• considerations, by these presenri, does grant, bargain, sell, remise, release, convey and confirm unto tM MORTGAGEE, its successors and assigns, all tMt certain lot, piece or pare! of land, situate, lying, and being In the County of St • T,u[! i P -„ and Sta» of Forida, deaaiEed ra follow~t: Lot 8 Block 5 FORT PIERCE HIGF~,ANDS UNIT # 1, according to the Plat thereof as recorded in Plat Book 10 at Page ~?9 of the Public Records of St. Lucie County, Florida. GA ~~~r .. ..8 C(r~ , ' . ~ /~ togothsr with all and singular tM tenement:, hereditamenri end appvrtancas thereunto belonging or Ir, anywise appertaining tMreto, and all rents, Issws, pr«etds and profiri accruing and to accrue from said premises, all of whldt an irtclvdad in the above and foregoing description and habendum. TO HAVE AND TO HOLD the above desuibed end granted premises unto the said MORTGAGEE, its succsuors and assigru forever. And tM said MORTG iQR for --~-2'---- Mtrs, executes, administratora and asalgns, hereby covenants with tM told MORTGAGEE, ih successor and essigna, that ~~~GP~T ...$Y'@- lawfully seized of the said pramisst In fee simple; that the same are free, clear end ditchargad from all liens and •ncunt- brances In law or in equity, end that Aq will and 'rhAi r Mirs shall warrant and +isfand tM title to the sane to the said MORTGAGEE, its tuccessws and assigns, forever against the Iswful claims end demands o) all persons; PROVIDED, ALWAYS that if tM MORTGAGOR shall pay unto tM MORTGAGEE tM prrxnissory note Mrainbefor• desuibed end shall truly, promptly and fully perform, discharge, execute, complete: Comply with and abide by each end wary the stipulations, agreements, ca+ditions and covensnri of said promissory not. and of this Mortgage, than this FAortgega and the Eststs hereby created shall cease and be null and void. IT IS UNDEP.STOOv that tM word "Mortgagor" whesher in the singular w plurst anyvrhers in this Mortgage, shall be singular if one only end shall be plural jointly and severally if more char: one, and that the word "their" as used anywhere in this Mortpege shall bs taken to mean "his;' "hers," or "its," wherever the context to Implies or admits. Also, that wherever there Is a reference in the covenants and agreements herein contained to any of the parties hereto, the ssnro shall be construed to mean ss wall a 1M Mlrs, Itgal repreuntativn, sa:cessora end assigns (either voluntsry by act of the parties or invo!untery by oFeretior. of the law) of the same and that the covenants herein contained thel! bind and the benefits end advantages inure to the resF,etliva heirs, legal representatives, svccesscs and assigns of the parties hereto. And said Mcrtgagors, for themsaives and their Mein, legal represenritlves, succeuors and aalgns, Mrab;r jointly and severally covanam end sgree to end with !M raid MORTGAGEE, its successors and auigns: 1. To pay all and singular Cho principal end interest end the various end sundry sums of money payable by r1•tue of raid promissory note, and this mortgage, each end every, promptly ors +he days respectively tM same severally become dva. ?. To pay all and singular tM foxes, esssstmenri, levies, iiabili!ies, obligations and •rtcumbrences of every nsture and kind now on said described property, or that i+eneafler may be irnpossd, wffered, placed, levied, or assessed thereon, or that Mreafter may be levied w ssseued u,~on this Mortg- age, or the indebtedniss secured Mrsby, each end every, when due and payable, according to law, before that' becorne delinquent, and before any interest apaches w any papery. is incurred; AF,L INSOFAR C.S ANY 1HEREOF IS OF RECORD THE SAME SHAH B: PROi.1PTlY SAT?SFIED AND DIY_HARGED OF RECORD A':D T4E ORi~i`JAl OFFICIAL DOCUMEFJT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACT?ON PAPER OFFICIALLY ENDORbED GR CERTIFIEp) SHP.LL 9E PLACED IN THE HANDS OF SAID MORTGAGEE VlITHIN 'EN DAYS NEXT AFTER PAYMENT; and i~ the avant that art' thereof is not raid, cjt shed and dacnarged said MORTGAGEE may et ony time pay the samo w any part thereof without waivirx,t or affecting any option, lien, equity or ,-fight under or 6t' virtu; cF this mortgage and the full amount of etch end every such payment ;I,ali be immediately due and pa•/able and shell bear interest from the data thereof urvi; pa d at rate of n;ne per cerium per annum end together w'th such interoU shall ba secured by the lien of Ch's morggage.