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Home My WebLink About1159 ' ~ M : ~ -'-~b41~3 - • ~ . ~ ~ . ~r 1 • r: . f ' ~ ~ TNIS INDENTURE, Mad~ th~ 5th ~y of ~F r1~~Y,y A,p, ~q_,jl$y James W. Sutherland and Lillian P. S~therland, his wifg,, o{ St • I.t1C1@ C~nry Flwid~, Mr~inaft~r dnipe+~ed ~s fh~ "MORTGAGOR," and fIRST FEDfRAI SAVtNGS AND IOAN aS5OC1ATION OF fORT PffRtE, a co+poratan o~ganFzed ~nd ~xii~inp under tM law~ of tM Un~t~d St~t~s of Aen~ric~ ~nd Mviep iri p~inclpal piac~ of buiinps in tM City of Fpt Pi~rc~, St. lvcie County, fbrid~, Mr~inahK d~sipn~t~d ~s tM "MORTGA('sEE:' WHEREAS the MORTGACsOR ia ' N u~debted to th~ INORiGAGEE in tM twn of i I 00 1~ Y~ yood and Iswful money of the United Srates advsnced by tl+~ MORTGAGEF unto ths MORTGAGOR, as ev;denced by a urtain promiuwy note of even da~e IK~~wi~h, of which tM iollowinp in words ~nd {ip~~q 4 a trw copY, towit: s 10,000.00 14,69~ - : : Fon P~ce. F~«~d~. Februarv S, ~y 68 Fw v~lu~ received, 1, we w ei~her of u~, promise to pay, wi~hout d~(stca~ion, b the order of fIRST FE~ERAI. SAYINGS AND IOAN ASSOCIATION Of FORT PIERCE at fo?f Pi~rc~, Fior:da, Ihe som of i 1 O, with interast fiom date at tbe rste of 7 96 p~t ~nnum, in monthly install- menfz ~ fOllOwt: s 84 oei ths ~thday of Mar ch , ~p_6$. ~ ~ sum on the correspond~np day af each month there- afrer vMil the whole be fully paid. • • Each installmrnt firtt shall be applied in payment of the interest ~nd then o~f the unpaid balancr of the printipal wm. If default is made in ths Faymenl of a~y insullmeot when dve, and such default conrinues 30 days, then a~ the option of the holder, and without any other notice, all the ~em~ininq :~araltmenrs shall be due and p~yable at axe. Privileye ia yivcn to prepay this note in who{~ w in part at any time without pen~{ty. •Neither fwebearancs, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of = 4.20 ~ added to each inst~llinent remaininp ~npaid 7 days aher its due dab, ~nd a like tum sha!! be added !o rach such inst~l4nent remainin~ ~npsid 7 days ~ftw each sutceedinp peYme~l d~te. Exh maker, su~ety ~nd eMlwse~ hereof, jointly and severally, waives demand, presenlmeM protest and notice of protest fw nonpayment. ~nd further agrces to ~ny e:tension of time of paymenl, eithcr before w aiter marurity, without notics to any of us; snd to psy all costi of collection, includinp • reasonabk attorney i fee in the event of any default hereunder, and her~by severally waives all benefit of homestead and exemption u~der the cdutitution and Isws of exh Sqte of the United States, ai agsinst this obligation or aey extcman a renewal f~treof. Witneu the hand aod seal of each party. S/ James W. Sutherland ~ S/ Lillian P. Sutherland ~W l~?U t S ~ $ • ~ ..1 Stat~ Reven~s tSiamps unaHed on oripind note) NOW, THEREFORE, the MORTGAGOR for the purpose of iecuring p~yment of uid sum of j 10~ 000. DO th~ p~r{amance of tM covenann .~+d preemenn hereinafrer expresscd, and iw div~rs good ~nd wlwble co~side~~tioru, by thes~ presents, does ~rant, bu~ain, sell, remis~, release, convey and co~firm unto tht MORTGAGEE, itt successors and auigns, alt that certain lot pieu or pucel of land, situat~, lyinp, and beinp in th~ t~~fy _ St. Lucie and State of Fbrida, dewibsd ~s fdlows: Lot 1S, of Block 2, of MARAVILLA COiJRT SUBDIVISION, as per plat thereof on file in Plat Sook S, at page 39, of the Public Records of St. Lucie County, Rlorida,? ~ • a i 111 PAYMiltT OP TJ1~ W S I A I c~= r L U K 1 tJA ~ oM cues'c'~~8~'E~NAL rROrERRi v ~ DOCUNENTA~" STaMP TAX /Q(~W~MTTOCNAP'iERf0724.AC75oPIM1. ap~Qt PORRAS, Cletk CMcutt CaHt ' J Z -i ^ ~ a _ FE8-6'68 2s;~~~~~-`' ~ r~d ~~RTIS M. ~AMES 1 5 0 0= Tox con~ ~ c~ = ~,r ~ CouM~y ~ C'OMA7ROLLER - DR, ~9n!38 -``~~oa~o° ..,/J O pEPUTY CLERK M ~C •cn rogethe? with ~11 and ~ingular tM tenemenri, f~ereditarncnts ~nd ~pp~rrti.xes tl~revnM belpgirg or in anywise apperf~inirg thereto, and ~11 nnts, iuves. proceeds and profits accruinQ snd to sccrw from said premiui all of wiiKh ue ieuluded in the above ~nd fweyoir~ descripta~ and Mbendum. TO HAVE AND TO HOLD the ~bove desvibed and ~rsnted premiaes umo tFw s~id MORTGAGEE, in waesson and ~ugns for~va. And tir said MORTGAGOR fw their ~~~s, executon, ~dminist?aton snd ~uigns, her~by covenanh with ths iaid MORTGAGEE, its wccessors and ~uipta, fhst they aie tewfully seized of the said premi~ in fee simple: ttiat tM s~me ~re frse.. clear ~nd dixhatyed from ~It liens and Mcurt? brances in I~w o? in equity, and that they will and their heir~ shalt w~rra~t ard def~nd t!w titl~ ro th~ sam~ to th~ said MORTGAGEE, it~ succeawrs and ~uiyro, fwswr p~insf tM Iswful claimt and demands of all perwros PROVIDED, ALWAYS tMt if tl+e JNORTGAGOR ~hall p~y vnto the MORTGAGEE ths promiswry note hereinbefor~ dewibed ~nd sh~ll trvly, promptly and fully perfwm, dud~ar~, execute, compkte, comply with +nd abide by esch and every th~ stipuletions, ayreernenn, conditio~s ~~d covenanii of s~id promissory noh and of this Mort~aqe, ~hen thii Mortgsge and tt~e Estate hereby aeated shall us~ ~nd b~ null and void. IT IS UNDfRSTOpD that the word "Morty~por" whether in fhe tinyul~r or plwd anywhen in this Mort9age, ahall be sinyul~r if ans only ~nd shall be pl~al jointly ~nd severally if more than o~e, and thst ihe wad "their" as used anywhere in this Maty+ge shall be taken to me~n "his,•• •,hen•• or "ib:' wherever the conte:t w impl~es or admin. Also, thst wherever there is a r~ferenca in tlk tovenants ~nd apreemenb F~erein cont~ined to any of ~h~ paties he~eto, the ~+rn~ sMll be construed to mean as well n ths h~in, lep~l r~prae~tative~, wcceswra and assipns (either volunt~ry by ~ct of th~ parYNS or involv~t~ry by operation of the !aw) of tl+~ isme snd tMt the covenaMS htrtin cont~ined sMll bind ~~d ths benefiti and advanraQ~s inw~ to ths ~espectiw Min, bQal representifives, succesiors and sis~yra of tF~ pa?ties hento. And ak! Mort9pws, fa them~elve~ ~nd their hein, ley~l r~preientatives, iucc~sson and auiprn, hereby jointly and NvHally COVlMnf ~nd 1pr~e to und with t;~e uid MORTGAGEE, its s~cceuon ~nd aui~ns: 1. To pay ~I~ ~nd sirgula~ tM p.inapal and intaat and tl+~ v~riovs and sundry sums of ean~Y paY~ble by virrw of iaid p~omissory note, and thii mortyaQe, exh and ~very, promptly on th~ days respettively th~ same stwr~lly becom~ dw. 2 To pay all ud anyular the taxes, auessmsnts, levie~, liabilities, oblig~tions ~nd enc~mbnnces of every n+ture and kind now on s~id d~scribed propNty, or that Mre~h~r may b~ impoNd, auffered, placed, levied, w+ues~ed tF~ereon, or tt»t hereafte~ may bs levied a ~ssetsed upon this Mort~- age, a tM ind~btsdrwss ssu?r~d hcreby, ~ach and every, when dw and payibk, accadin~ to I~w. 6efor~ they becom~ delinquent, and befo~e ~ny inter~s~ at~echa or any penalty is incurred; AND INSOFAR AS AN~ TMEREpf IS OF RKORD THE SAME SHAII SE PROMPTIY SATISf1E0 AND DISCHARGED OF RECOR~ ANO THE ORIGINAL OfFICIA[ OOCUMENT (SUC _AS, FOR tNSTANCE, THE TAX REtEIPT OR THE SATISFACTlON ?ADER ~OFFICIAIIY ENDOIE$ED OR CERTIFIED) SHAII BE PtACED IN TME MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt a~y thereof is not Fa~d, saYsfied and dixMry~d aaid MORTGAGEE may at sny time pay the sam~ w~~y part thereof without w~ivin~ or affectinp ~~r option, lien, equiry or •~qht vnder w by virtw of ~his mortga9e and the full imou~t of each and every such p~yment shall be immed~ately d~e a~d payable ~nd shall bear i~tKar ~.om the date thereof until paid at rate of ~in~ per centum p~r ~nnum and topNher w~th wch int~rat shall be ~ecur~d by the li~n of th:s ma~ptape. 8~x170 ~~~1155 : . ~~y~G-~ ~ , 3 }as ~ ~"'N p~ 3'- ~ fF I ~