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Home My WebLink About1542e~ --- - -______.-- ----- - ( a;t~K 51-Fee~178 ~.~ THIS IN4ENft1RE, Maas tfse~~~, day of - N~veTnber A.D. 19 62 between ~aillie Gibson and assn _s ~ ter Qibaon, hif3 wii e _~_ of ,ri • e ~~11C: i ® ~ County Florida, hsrainaNsr desgnated es tM "MORTGAGOR;' arW FIRST FEDERAL SAVINGS AND LOAM ASSOCIATION OF FART PIERCE, • corporation apan{zed •rd •xbtirsp under tM laws of tM United States of Amerka and Mving its principal plan of butiness In the CIry of Fort Pierce, St, luc?e Coumy, Florida, tssreinafur dnSgnaNd es tM "MORTpGAGEE:' ~ WHEREAS the MORTGAGOR 4 lastly indebted to tM MORTGAGEE In ills wm of >j 3 • 800 • oo .flood and lawful htonsy of the United States advanced by the MOATGAGE'E ~•n'o tM MORTGAGOR, as Ivida~ced by a attain promissory not• of even data Mrswith, of which tM following In words and figures b • trw copy, town: ~ 10 , 7 6~G _ = 3. n00.04 November 34 T9~ .. Fort Pierce, Florida, For value received, 1, v~ or either of us, promise toppay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANU LOAN ASSOCIATION OF fORT PIERCE at Fort Piart~, ~(er)da, the wm~ ro~f~S-, ~ • t}~~ a ~l~ with inLLterest item date st tM refs of ~! ~_96 per annum, in momhly insull- ments as follows: S ~n~17U_ on tha.r~`lsesa_ day of sTanLlaT'Q 1PQ~ and s like sum on tM correspondir~day of each month there- after until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balsncs of tM principal sum. If default Is mods In tM payment of any installment when due, end such default continues 90 days, then at the option o: tM )+order, and without any other notice, all the remaining installments shall be due and payable at once. Privilege Is given to prepay this Hots in wholt or In part at •ny limo without penalty. Ne~ither~forebaarence, nor acceptance by the holder thereof after any default in any payments hereon, shell bs deemed extension. A lat• payment charq• of S~~ ,atoll be added to each installment remaining unpaid 7 d•ys after Its due dots, and a like sum shall bs added to each such Installment remaining unpaid 7 =gays after each succeeding payment date. Each maker, surety and endorser hereof, jointly end severally, waives demand, presentment protest an:l notice of protect for`isonpsyment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay ell costs of collection, including a reasonable attorney's fee in tM event of any default Mreunder, and F.enby severally waives all benefit of homestead and exemption under 1M constitution and laws of each Stets of the United States, es against this obligation or any extension or renewal hereof. ' Witness the hood and seal of sech party- S/ ~•t i l l i e 0 ib a on -- csEAu ` S/ Queen Ester Gibson csEAu (SEAL) (BEAU r ~ . l'0 1 Slats Reve-w - (Stamps uncalled cn original rests) .; goo o~ NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of said sum of ; • V • and t4s performance of tM covenants end agreements Mrainafter expressed, and for divers good end valuable conslderetions, by tMte presents, does grant, bargain, sell, remits, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, plea or petal of lend, altuate, lying, and being in the County of ~' t3 T 1] 't A -- er:d Stets of Forida, desuibed a~ follows: Lots 10 and 12, Block l~, Si1NNY ACRES S1TF3DIVIGIOr1, accordinS to plat thereof recorded in Plat Rook 8, at page 25, of the Public ITecords of St. Lucie County, Florida. Received ~ __in payment of taxes due on CLa, `%' I~it.l~~i'-!e f crsnnal Property pursuant tv Cha).i • _~i24, l~_s t,f ilokr;;.;~Acts 1941 f'~ t Tax Calector, St. Lucie Co ty, Flofida ~-~ together with all and singular tM tenements, hereditamenU and sppurtancet thereunto belonging or In anywise sppemining tMreto, end ell ants, loos, proceeds and profits acuuinq and to ecuve from said premises, all of whldrt are included In L a •bow and foregoing desulptbn and Mbendum. TO HAVE AND TO HOLD the above dswibad and granted premises unto tM said MORTGAGEE, Its succastort and aaigns forever. And iM aid MORTGAGOR for ~w~~ Mtn, txscuton, adminlstreton end assigns, hereby covenanh with tM said MORTGAGEE, Ma successors and sssigro, that ~}g~T-$318- lawfully seized of 1M asid pnmisss to fee slmplp tMt tM aams are free, c{sar and discharged stom all Ifsna and sncun* brances in Lew or in equity, and ihat~i~1B.~--- will and ' Mlrs shall warrant and defend the this to tM tams to 1M said MORTGAGEE, its successors and assigns, forever against tM lawful claims and demands of all persons; PROVIDED, ALWAYS thst if tM MORTGAGOR shall pay unto tM MORTGAGEE tM promissory hots herolnhefore desuibed and eMn truly, promptly end fully perform, discharge, execute, complete, comply with and abide by sech and every tM stipulations, agreements, conditions and cwsnanrs of said promiuory rests and of this Mortgage, then chit Mortgage and tM Estate !rreby usatad shall uau ertd be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether In iha singular a plural anywhere to this Mortgage, atoll be angular ff one only and shall bs plum pintfy and severally if rsors-than ores, and tMt iM word "I Mir" es used •nywMr• In this Mortgage shell bs taken to mean "his," "Mrs;' a "its," wherever the context so implies or admits. Also, that wherever there Is • reference In tM covenan» end agreemsntt herein contained to any of the partial hereto, tM same shell bs construed to mean as well as tM Mira, legs reprosentativts, successors and aaigns (alther voluntary by ad of tM partial or involuntary by aperetion of the law) of IM same and tha± the covenants herein contained shat: bind and the benafiri end advantages inure to the respective hairs, legal representatives, successors end ssslgns of tM parties Mreto. And said Mortgagors, for themselves strJ tM!r Mlre, legal npreaerttetlvee, suceetaors and aaigns, Mreby )oinlly and sevsrs(ly co•:ertant and agree to and with the laid MORTGAGEE, its evcc:asp:s and aaigns: - 1. To pay all and singular the prfncipel end lntereat orrd the varian and turtdry sums of marray payable by tirtw of saki promissory Hots, and thh mortgage, each end wary, promptly on tM days respectively the lama awrelly become des. 2. To pay ell and singular the taxes, asseumsnts, levies, I!abititiss, obilgerians and er,cumbrenc» of every nature and kind nov. on said described property, a that hereafter may be imposed, wffered, plated, Iwie~, or assessed thereon, or that Mreehsr may be levied or assessed upon this Mortg• erne, or the indebtedness secured Mteby, sech and every, when des and psyeble, accvrdirp to law, before they become delinquent, and beforo any Interest attaches er any p-cnaity is incurred; A'.D INSOrAR AS ANY THEREOF IS OF RECORD THE SAhnE SHAH BE PR04tlSTLY SATISFIED AND DISCHARGED OF RKGRD AND THE 02:G;rJAL O`FICIAL ppCUMEtJT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OP. CERTIFIED) SHALL eE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM event that any thereof is not paid, saYsfiad and discharged said 7,10RTGAGEE may at any time pay :M same or any part iMreof without waiving or affecNnq any option, lien, equity or right under or by virtu, of this mortgage and the full amount of each and every e•.xh.,payment sh,ll be immediately ds•e and payable end t':all btar interest from the date thereof u til pa'd at race of n-sne per c?ntum per annum and together wah such interest shall be secured by tM Ilan of this mortgage.