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Home My WebLink About2757~beK 52 F~~~693 20th December ,;.D. T~ ~'? betwten THIS INDENTURE, Malt the - day ~ ,rne st F3erQandi and. GOld~ e ~3_ert~and~ . his wife of e~~„tt~1 t9 ___, Counr~ Plaids. (;er„lnaher desfgneted as tht "MORTGAGOR," end FIRST FEDERAL SAVINGS AND IOAN ASSCICIATION OF FORT PIERCE, a corporation organized and •xistinp under tht lawn of tM United Stetet of Amtrica end having its principal place of business In tM Ciry of Fort Pitrca, St. Lucls r'ounty, fields, hereinahet dwlgnauad as tttt "MORTGAGEE:' . • ~~ . n 0 ,good and lawful itkx+vy cl the UnN4d WHEREAS tFte MORTGAGOR is justly i' ~debttd b tM MORTt^iACiEE in the sum of S~~ States advanced by the MORTGAGEE unto th:, MORTGAGOR, as •videnud by • certain promissory note of even de:e herewith, of w•hfch Iktsr following in words and figures is a trw copy. to-wit: ~, ~ ~.,~._n }~,~3~ _ ~Itnn _np ' ~p ?~ecember 19 b~' - - ~ ~ Fart Pierce, Flwlda, Fw valve received, 1, we or either of us, promise to pr~aty, without defalcation, to the order of FIRST FEDERAL S`AVI'NGS AND LOAN AS30C1ATION OF FORT PIERCE st Fort Pierce, Florida, the sum ~of~S~y~,-~:~Q~L'~n with inter~es~t from data at the rata of Val °16 par annum, in nscntAly install- menh as follows: 5~~1 ~~Q on tf.e ~-sutsaY of ^E'-brti£TrS( 19 ~~'_1- end a like sum on the corresponding day of each month there- after until the whole be fully paid. Each installment first shell be applied in payment of the Interest and than on the unpaid balance of the principal sum. If default is rttsda in the payment of any installment when due, and such default continues 30 days; then at the option of the holder, and without any othtr notice, all the remaining installments shall be due and payable at onto. Privilege is given to prepay this note in whole or in pert at any time without penalty. Neith-ear f~o7re~bearan:e, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charg± of 5~--~+~7 shall be added to each installment remaining unpaid 7 days ,sfter its due date, and a like sum :hall be added to each such installment remaining unpaid 7 days after each succeeding payment dote. - Each maker, surety and endorser hereof, jointly end severally, waives demand, presentment protest end notice of protest for nonpayment, and further agrees to any extension of time of payme:tt, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonoble ettwney's fee in the event of any default hereunder, and hereby severally waives ell benefit of homestead and exemption under the constitution and laws of each State of the United States, es ~vaainst this obligation or any extension or renewal hereof. Vlitness the hand and seal of each party. (SEAL) .~ I'~rne s Rerun (SEAL) ,:O _ e .~er~an (SEAL) (SEAL) ( t •~~~ )State Revenw (Stamps cancelled ors original note) '7 400 e ~~ fJOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ -- and the performance of the covensnts and ayreem:,^t: !:c:einafter expressed, and for divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that terrain lot, piece or parcel of land, situate, lying, end being in the County of ~ i • T t s r i ~ -and State of Florida, dcsuibed as follows: I•ot 33 Rlock ?_ At'tY A;~I•:A ?'A~3K SUB:~IVISIt~T; according to t!~e U1 at thereof as recorded in Plat Rook I+ at Pale 7?_ of t:~e vublic ;records of Sta Lucie County, Floridat L~ Received ~ _ on Class 'C' Intangible PersonalPy pelt „r _ Cjl•~i.•e 2,4, laws of Flordu Acts oy- . / of ectorr - ~~z---•-_-~' t Lucie Coun , rr„~ -~ .~.. C--+ ~; together with •II and singular the tenemtnts, hereditamentt and appurtences thereunto belonging or In anywise appertaining thereto, and all rents, issues, proceeds and profits accruing Ind to accrue from said premises, all of which ate included in the above and foregoing description and habendum. TO HAVE AND TO HOLD the above described end granted premises unto the said MORTGAGEE, its wccessors and sssigm forever. And the said MORTGAGOR for 'heir heirs, executors, edminisiraton and assigns, hereby covenants with the said MORTGAGEE, its wccessors and assigns, that ~}Z~---~j+g-- lawfully seized of the acid premises in fe• simple; that the soma are free, clear and discharged from ell liens and encvrrr brances in law or in equity, and that f'1't_!?T4 will and t:hAi r heirs shell warrant and defend the title to the tame to the said MORTGAGEE, its successors end atsigns, forever against the lawful claims and demands of ell persons; PROVIDED, ALWAYS that If the MORTGAGOR shall pay unto the MORTGAGEE the promissory rrote hereinbefore described end shall truly, promptly and fully perform, discharge, execute, complete, comply with end abide by each and every the stipulations, agreements, conditions and cove~tants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby seated shall cease and be null end void. It IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only and shall be pl;•ral jointly end severally if mat than one, and that the word "their" as used anywhere in shit Mortgage shall be token to mean "his;' "hers," or "its," wherever the context so implies or admits. Alw, that wherever there is a reference in the :ovenants and agreements herein contained to any of the parties hereto, the same shall be construed to mesa es well es the heirs, legal representatives, successors and assigns (either voluntary by act of the partiet or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, successors and assigns of the partiet hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors and atsigns; hereby jointly and severally covenant and agree •~ and with the said MORTGAGEE, its successors and atsigns: 1. To pay alt and singular the principal end interest end !hs .rriGVS and sundry sums of money payebie by virtue of said promissory note, end this mortgage, each and every, promptly on the days rtapectively the same severally become due. _ 2. T~ pay all •and singular the taxes, assessments, levies, liabilEries, obligations and encumbrances of every nature and kind now or. raid described property >r that het=after may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied or assessed upon this Mortg age, or the indebtedness secured hereby, each and suety, when due and payablt, according to law, before they become delinquent, and before any interest crtaches or ar,y penalty is incvrrcd; At.D INSOFAR AS ANY THEREOF IS Of RECORD T4E SAME SHAH BE PROMPTLY SATISFIED AND DISCHARGED OF a.ECOFD AND THE OR'GI.`JAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTA`1CE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED O~ CERTIFIED) SHALL BE PIP.CFD IN fHE H.4tJD5 OF SAID MORTGAGEE WITHI"J TEN DAYS NEXT AFTER PAYMEiJT; and in she event that any thereof is not papa sat s`;ed ar.d discharged said 11,ORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or right u~de: or by virtue of this mortgage and the full amount of each and ovary such payment sha11 be immediately due and payable end shall bear interest iron !ha date thereof u~tii paid at tale of nine per cen!un-. per annum and together with such interest shall be secured by the lien cf iha morggage.