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Home My WebLink About0643 .1.iiil~:~J THiS INDENTURE. Made the~. b~.._~'h dey o~ MQ A.D. 19_~? between William_ S~_ Underhill and Ada L. tTnderh 1~, s w e~ _ _ of ~~iri~ L~;ie County Flotida, ha?einah~r d+s~gryared a• the "MORTGAGOR," end FIR~,T FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERtE, a corporation orq~nized end exi~ling u~der the laws of ffis United Statas of America and ha~in9 in principal plece of business in thw Lity af Fort Pisrce, St. lucie County, florid~, her~inafter dasignatad ai ths "MORTGAGEE." WHEREAS th~ MORTGAGOR is iustly indebted to the MORTGAGEE in Me sum of ~ 7.~~Q ~ good and lawful money of the Un:ted Stetes advancad by the MORTGAGEF unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, of wh~ch the foilowinp in words and figures it a true copy, towit: • ~ NO~.2~'tC~7 ~~i ~~0 ~ ~0 Fort Pieres, Florida, _ ~as 2b = ~ ~ For vblue reteived, I, we or either of ut, promiie to ~jay, without defalcstion, to rhe order uf FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PI@RCE at Fort Pierce, Florida, the sum of f~ 1~d" ~ with int~ere~a!t from date at the rate of ~°u per annum, in monthty install- ments ai fot'ows: S~~=~~ on the ~day of *ruZ~'' , 19_._52_2_ and a like sum on the corre~pond~ng day of each month there- aFter until the whofe be fully paid. . Each installmant first shalf be appliad in payment of the intereot and then on the unpaid bdlance of the princ~pal sum. If defauft is made in the pay~nent of any installment when dur, and suth default cont~n~es 30 days, then at the option of the holder, and without any other notice, all the remain~ng installments ehall be d~e and payable at once. Privilege is given to prepay this note in whole or in pert at any time wilhout penalty. Ncither forebearante, nor acceptance by the holder thereof after any deFault in eny payments hereon, shall be deemed extension. A late peyment charge of SZl.. shall be added to each installment remaining unpa~d 7 day~ after its due date, and a like sum ahall be edded to each such installment remaining unpaid 7 days affzr each ,,,~ceeding payment date. Each maker, aurety and endoraer hereof, jointly and severally, waive~ demand, presentment orotest and notice of proteat for nonpayment, and further agrees to any extension of time of paymenf, either before or after maturity, without notice to any of us; and to pay all costs of co~lection, inciud:ng a reasonzble attorney's fee in the event oi any default hereunder, and hereby severally waives all benefit of homestead and excmption under the constitution and laws uf eacn S~ate of tha Un;ted States, as aga~nst this o6liga!ion or any extens?on or renewal hereof. Witness the hand and xeal of each party. Wi 1 7 4 am S Undarhill (SEAL) ArL L. iTnderhi ll_ tSeAt) ($EAL) iSEAI) ~ 1 ~ ~ ) 5tate Revenue (Stempa canteller! on origina~ note) NOW, THEREfORE, the MORTGAGOR For the purpose of securing peyment of said sum of S~~ * Q~ and the performance of the covenantt and egreements hereinafter expressed, and for divers good and valuable tonaiderotion~, by fhese presents, does grent, bargain, sell, rem~se, release, convey and confirm un!o the MO~TGAGEE, its surcessor~ and assigns, all that certsin lot, piece or perte~ of land, ~ituate, lyinq. end being in the County of S8~I1~ Lucie and State of Plarida, deuribed •i follows: Lots 7 ar~d 8, Bloak 1, DREAN;I~AIdD PARK SUBDIVI9IflN, as per pl~.t thereof recorded in Flat Rook 7, p~Ra 38, public records of ~air:t Luci~+ Countv, Florida, ; ~1~``• ~STATE~oF-F1~UR~i[al~?• < I ~ ` ~ y p ' ~ . , ~ i ' . pOE~AIx O" TAMP TAX . r r~R~~ ~'~tyA~. ~ o ' ; yU• 7 Z ~ .i' ~4 `~T' _ J ~ ~rtrss^~ , ~ ~y•=~~ ~ . _ ' ` y r ~-l:it , ~ - ,1 C t'. _ ` = • _ ~ v _ ~1. - a - ~4' I 0 5 0~ 0'~~~~'~t,N~ - - ~ - N4 V COM?7ROLLER` ~-"P pU~~`NR i C-~iS~'' - I~,~.. ^ p~.1901i8 op~ ~ fU~i'„> ~=,~k,~ _ pg AQ~; ~ ~.n4'i ~ Gx L" ~ - " " c .~.'lA ~/4~r~ r7 1 ~ . . r~, ;~+d-~•.,.. ~g together with all and singular the tencments, hereditaments and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, issues, procoeds and profits accruing and to accrue from said premises, all af which are included in the sbove end foregoing descriptipn and habendum. i0 HAVE P.ND TO FiOID the above destribed and grantcd premises unto the said MORTGAGEE, its tuccessors end ssaigns forever. And the uid iJ40P,iGAGdR for heirs, executors, sdministrators end asaigns, hereby covenants w+th the said MORTGAGEE, its aucces~on and auigns, tnat lewiully seized of the said premius in fee simple; that the sama aro free, tlder tnd discharged from all liens and encurrr brar,ces in law ar in equity, and that ~he v_ will and FHeirs shall warrant and dafend the title to the same to the iaid MORTGAGEE, it~ suczessors and assigrss, forever sgaimt the lawful tlaims and demandi of ali persona; PROVIDED, ALWAYS that if the M0~7GAGOR shell pay unto the MORTGAGEE the promissory note hereinbefnre described and shall trufy, prompt~y and fully perform, dis:hargr, execute, complete, comply with and abicle by each end every the ttipulations, egreements, conditions and covenants cf taid promiaiory note and of this Mortgage, then this Martgage and the Estate hereby created sha11 cease and be rsuil and void. IT IS UNDER5T000 that the word "Mortgagor" whether in the singular or plural enywhere in ihit Mortgage, shsll be singular if ane only and shall be plurel jointly +nd severelly if more than one, end that the word "their" as vsed anywhere in thi~ Mortgage ~hall be taken to mean "hi~;' "hen," or "its," wherever the cantext to implits or admin. Aiso, that wherever there is a refa~encn in the covenants and ag:eements herein contained to eny of the parties hereto, the iame shall be construed to mean as well ss tfie heirs, legel ropresentatives, successors and astigns (eithtr voluntary by act of the parties or involuntary by operotion of the law) of the same and thet the covenants herein contnined ahalf bind and the benefifs and adventagea inure fo the respective heirs, legal representatives, successors and ass~qns of the parties hereto. And ~a:d Mortgagars, far themselves and their heirs, legal ~epresentatives, •uccesiors end assigns, hereby jointly end severelly covenant and agree to end with the said MORTGAGEE, ita s~ccessors and asaigns: l. To pay all snd singular the prirxipal snd intere~t and the ratious and svndry s~ms of money payabla by virtue of said promicsory note, and thii mortgage, eeth ~nd every, promptly on the days resoettively the 3ame sev~ielly becom~ due. 2. To pay eil and tingular the taxes, assessments, levies, liabil~ties, obligetions end entumbrancea of every nature a~d kind now on ~eid desc?ibed property, or that hereafter may be imposed, suffered, plated, levied, or assesud thereon, or that hereafter mey be levied a~ esseased upon thi~ Mort9- age, or the indebtedneu secured here'ny, sach and every, when due ar~d payable, eccordiny to law, before they become delinquent, and txfore eny interes~ artaches or any pereafty is incuired; AND INSOfAR AS ANY THEREOF i5 OF RECORD THE SAME SHAII BE PROM?TLY SA115fIED AND DISCHARGED OF RECORD AtJD TH: ORIGItvAI OfF~ClAI DOCUM~NT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PA~ER OffICIALLY EN~ORSED OR CERTiFI~D) SMAIL 9E PLACED IN THE MANDS OF SAID MORTGAGEE WlTHIN TEN DAYS NEXY AFTER PAYMENT; and in the eva~t that eny thereaf is not pa~d, sat'sfied and dischergeci sa'd MORTGAGEE may at any time pay the sartwe or any part the~aof withovt waiving or affecting any optio~, lien, equity or .~qht under or by virtue of rhis mo~tgagc and the full amounr of each and every such payment shal{ be +mmediately due and payable and shall bear ir~terest ~rom the date thereof until pait, at rate of n~ne Fer cemvm per annum and together w~th iuch ir,terest ihafl be necuied by the lien of th's morgtage. , ~eoK~~.y