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Home My WebLink About1602^^;F '~ ~~. 5~ P>~~3~ ~; .,,r - S T. ' UC~E C::l'N ~ vt rl.~ovember ____, A.p. 19 62 b<tw..n THIS INDENTURE, Made 1M 29 t~l day_ of ~ _ ~ ~_ of Jt, _ Lllcie ___„ County Flwlda, hereinafter designate: sa tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a wrpwation wgaslxed and existing under tM laws of IM United States of Amerka and Mving I» principal glace ut i business In 1M City of Fort Pierce, St. luck County, FIaWa, Mrelnafter deslgneted a tM "h10RTGAGEE:' . ~~ V~HEREAS tM MORTGAGOR fs Justly Indebted to tM MORTGAGEE in /M sum of ~.~~ - Q~ 17ood and lawivl Toney of the United t States t:dwrrced by +M MORTGAGEE unto the MORTGAGOR, as widenced by a certain promissory note of awn date Mrewith, of which 1F.e folbwirsq In words and figorea h a true copy, towit: 10 ~ 7~5 ~r?-~-• n(l N° fort Plan., Florida, November 29, r95~ for value received, 1, ors w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL LLSAVILLNGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort P'i'erce, Fbrida, tM sum of f-tl-r-~nn' Q~ -with Interest from date at iM rata of~.S~% per annum, In monthly Install- ments es followss f-- ~.~- on the day of ~ ~T?~-I'-Y 19~ std a like sum on the cwrespondirq day of eacfs month there- after until 1M whole be fully paid. Each irutellment first shall be applied in payment of iM interest and then on the unpaid balance of tM principal sum. If default is made in 1M payment of any installment wfien due, and such default continues 30 days, then at tM option of tM holder, and without any otF,er notice; all the remaining installments shall be d ~ and peyeb!e at once. Privilege is given to prepay this Hots in whole or in part nt any lima without penalty. Neirfwr fwebearance, nor acceptance by the holder tharcof after any default in any payments hereon, shell be deemed extension. A late payment charge of f- 2 • 1 ~ shall bs added to each Installment remaining unpaid 7 days after Its due dots, and a Tike sum shall be added to each such installment remaining unpaid 7 days after s each succeeding payment date. . Each maker, surety and endorser hereof, Jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, 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 ~trorney's fee in the event of any default Mreunder, and hereby severally waives eli benefit of homestead and exemption under tM conttitutlon and Jews of each State of tM United States, as against this obligation w any extension w renewrl Mreof, Witness the hand and asal of each party. S Carrie U Holmes. a widc~fAu (SEAL) (SEAL) csEAu ~~___) State Revsnus (Sumps cancelled on original nuts) ~ aoo DO NOW, THEREFORE, tM MORTGAGOR for the purpose of securing payment of said wm off -~ end tM performance of tM covenants and sgreements Mrelnafter expressed, and for divers good and vaiutble considerations, by tMse presents, dws grant, bargain, sell, remise, release, convey end confirm unro skis MORTGAGEE, its succe:wra and assigns, all thel certain lot, piece w parcel of land, situate, lying, and beirtg In 1M County of S t T~llC ie arc'. State of fbrida, dewibed as followst Beginning at a point 12 feet West of the Southeast corner of Lot 5 of Canning CompanyTS Subdivision, as per plat thereof recorded in Plat Book 1, page 190, public records of St. Lucie County, Florida, being at the intersection of the South line of said Lot 5 and the West line of South 7th Street, as nuTa located; thence Forth 86 feet; thence West 198 feet; thence South 86 feet; thence Eas% 198 fAet to the point of beginning.,~/ . ~Y _• aYme~t °I taxes die •~ to Person F f?~2rCf v:ttsUas~t to Hal P y,, ~t I~,d1 Received , Inta;,.g` ~ ~` ,; tor+cla, on Class ~~ ~2 , ~av,s C~a t - unty, f1orOL ~o1lec~o(t St. l~c~e /" i.. together with all and singular the tenements, hsreditarnen» end appurtences thereunto belonging or In anywise appertslning therero, and ell roots, luwss, proceeds end profits a:cruing and to accrue from said premises, all of which are included in the above and foregoing dsuriptlon and Mbendum. TO HAVE AND TO HOLD tM above dsuribad and granted pramius unto tM ssid MORTGAGEE, its :ucutson and astigrts forayer. Arad tM said MORTGACrpR for ArAhei r heirs, executors, administrator3 and assigns, Mreby covaran» with the ssid MORTGAGEE, fts successor end assigns, that --~~.8-~ lawfully seised of 1M said premisesy.iyn, ^fe;e simple; that tM a+me are free, door and discharged from ell 1=sns and encum• brances in law or in equity, and that they will end ~GIJ~r Min shall warrant and defend tM tills to tM same ro tM said MORTGAGEE, i» successors and auigns, forever against tM Iswfui deima and demands of all personar PROVIDED, ALWAYS that if 1M MORTGAGOR sMli pay un}o tM MORTGAGEE iM promluory note heninbefore dewibed and shall truly, promptly and fully perform, discharge, execute, complete, comply wit and abide by each and every the stipulations, agreemen», condiYlont end covenants of said promts:cxy rate and of this Mortgage, then this Mortgage and tM Estate Irreby aeatad sMll cease and be Hutt end void. IT IS UNDERSTOOD t,.at the word "Mortgagor" whetMr in the singvltr w plural anywhere Tn this Mortgage, shcil be singular if ors only and shell be plural jointly and severally if more than one, end that tM wad "their" as used anywMre in skits Mortgage shalt be taken to moan "his;' "Mre," w "its," wherever tM contrxt w implies or aa..mitt. Also, that wherever them is a referente in tM covenants a:.d sgreements Mrein contained to any of the parties Fereto, the tame shall bs construed to mean a well es tM Min, legal repreuntatives, successors end assigns (either voluntary by act of the parties or Involuntary by operation of the !aw) of skit same and that tfie covenants herein contained shall bind and t'ns benefits and advantages Inure to the respective heirs, legal representativet, successor anti assigns of the parties Fereto. And said Mortgagors, for themselves and their heirs, legal representatives, wcusson end assign+, hereby (ointly and u'+orally covenant and agree to and with the said MORTGAGEE, f» successors and asigns: 1. To pay a!I and singular the principal end interest end tM wrio:n ss~ d sundry sums of rrsoney payable by virtw of said proml~aory note, and this mortgage, each and every, promptly on the days respectively tM' tams aeveraily become dw. . 2. To pay all and singular tM taxes, assessments, levies, liabilities, obligat{ons and encumbrancos of every nature and kind new on ssid described preperry, or that )s_r- ~ fter mt y be irnposecs, suffered, placed, levied, or assessed thereon, w thal Mreafter may ba levied w assessed upon title Mortg- age, or the indebtedness secured hereby, each end ersry, wMn due and payable, sccwdirtg to law; before they bocome dellnquant, and before any interest atrches or any penalty it incurred; ANp I!vSOfA4 AS ANY THER:OF IS Of RECORD THE SAME SHAH NE PROMPTLY SA'ISFIED AND DISCHARGED Of RECORD A~~D THE OR'GINAL OffICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TP,X RKEIPT OR THE SATISfACTiON PAPER OifICIALIY ENDORSED OR CERTIFIED) SHAEI FS°. ?LACEp IN THE Ht,::DS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTS and in tM event that any thereof is not paid, sat's!icd and dis-nrrgcd said AORTGAGEE may tt any time pay the same of any part thereof without waiving w sffeGing any option, Ilan, equity or right under or b/ vir~,:• cf this mortgage and the full amount of eacfi end every such payment shall be immed'utely due end payable end shall bear interest from skis date thereof untjl pa'd at rate of n`.ne per :entvm per annum and togetMr with wch interns shsa be secured by tM lien of this morgug+. 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