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Home My WebLink About1327 . T ~ 164~5's THIS INOENTURE, Mad~ Ih~ 8th d.y ot February _ ~.p, ~9 ~ b.n~..n Stephen W. Dearden and Ann Joy Dearden, his wife _ af St. LUC1@ ~ounty Flwida, Mrtinafqr ds~ ~+~~d ai 1M "MORTGAGOR;' ~nd FIRST fEDERAt SAVINGS AND IOAN ASSOCIATION OF fORT PtERCE. • cwpaation orpa~ized ~nd ~xatinp undw t~ (+nn of t!» United St+t~~ of Amaica ~nd Mvfnp Ib principal pl~c~ of buur?~u in IM City of fat PiKp; St. luci~ County. Florid+. M(~~M~IH ditiQMl~ r 1!N "MORTGAGEE." WHEREAS tM MORTGAGOR 4 jwdy indebNd M tM MORTGAGEE in tM ~um~of = 8• 85~. ~ good and I~wful moeey of the United St~~ei ~dvanc~d by tM MORTGAGEE unto tha MORTGAGOR. ~s evidsnced by ~ c~rt~in promiuory note of even date herewith, of which fM,followinp fe wordt and fiyurK is a ttw copY. towit: , . ~ ~ 85~ . 00 • ~ ; ~'1~ . FOtt PItKO. Fi«~d.. Februa~cy -8. _iv~t,~ p~y,~withou~ def~lcation, to ths order of FIRST FEOERAL SAVINGS ANp IORTI A Fw vatus raceived, I, we w either of us, promise to {~SSOCI TION QF ~ . ~ORT PIERCE at Fort Pieres, Florida, the sum of ~ 8s~50• ~ w~th interea~ from date at the rate of _Z-~6 {xt annw~s ~n n?on~WY k?s~~~b menrs as fottows: t g0• ~ on ths lOth ~y of hlareh 19 68 ind a like ~um on the corretp«idir?Q J~p ef e~ch mont6'tF~er~• she~ until +he whok be fully paid. • Each inst~llment firsl sh~~l be applied in payment of tha interesl and ~hen on the unpaid bsl~nce of the p~indpal wm. If defwh is ~de in the payment of any~ installment when dus, and such defautt co~~inues 30 days, then st the opian of the holder, and without any other notic~, ~II the remaining insullmeots shall be due and payabk at once. Privilepe is given to prepay this note io whol~ w in part at ~ny time without penalty. •Neither forsbear~nce, nw acceptance by the holdar thereof after any default in any paymenti herron, shall be decmed eatension. A Iste p~y~+ent chsr9~ of i~-. sh+ll b~ sdded to e+ch insbllment remaining unWid 7 days after its dw d~t~, snd ~ Iike wm s1?~tl be +dded 1o each such inatallmant rem~eninp unpaid 7 day~ af1N each succeeding paYment date. - Each maker, surety and endaser hereof, joiNly and uverally, waives demand, preuntment proteat and notice of protest fw nonpayment, ~nd funher sgrees to any extensan of time of payment, eithe~ before or aftcr maturiry, withouf notice to ~ny of us; and to pay all costs of colledion, includ~n~ a reasonabk attorney i fee in the event uf any default Ixreunder, and hereby scverally waives a!1 benefit of homestead aod exemption unde~ the conititution and laws of each State of the Untted States, ~s against this obtigation a+ny e:tension or renewal hereof. Witneu the hand a~d scat of each party. s/Ste~hen W- ~ar~1Pn ~w slpnn Jov Deard n (se~?u ls~?U ~ c 13 . 35 ~ StaM Revenw (St~mp~ ui+celled a+ wiyinal note) 8, 8 SO . 00 and tM rformance of tM NOW, 1HEREFORE, ths MORTGAGOR ia the r of ~ecori ent of iaid sum of s P~ coven+nts +nd ~p~~c~nsnri Mreinafter expressed, and for diven 9ood ~nd valuabl~ cauider~tioe?s, by these pre~ems, does ~r~nt, baryain, ull, remiu, retease, convey ~nd confi•m unb t6e MORTGAGEE, iri succeuors and auiyns, ~II that certain lot, pieo~ w pucel of land, situat~, lyinp, ~nd btiny tn tM County of S t. Lt1C i e u~d Stat~ of f lorida, d~wib~d a fdlawu Beginning at the N~? corner of Lot 99 of tJhite City, as per plat thereof on file in Plat Book 1 at Page 23 of the public records of St. I.ucie County, Florida, run East 533.5 feet to a point; thence turn and run South 150 feet for point of beginning; from said point of beginning continue South 75 feet to a point; thence turn and run T~ast 144 feet to a point, thence turn and run North 75 feet to a point; thence turn and run lvest 144 feet to the point of beginning; said land being also described as Lot 3 of an unrecorded.plat of MIDWAY GROVE St7BDIVISION, being a part of Lot 98 and 99 of !•'HITF CITY, in Section 5, Township 36 couth, Range 40 East, as per plat thereof on file in Plat Book 1 at Page 23 of the public records of St. Lucie County, Florida, TOGFTHER with right of egress and ingiess to lot over and across the following de- scribed street, to wit: ~eginning at the M~~ corner of Lot 99 of said WHTTE CITY, run East 483.5 feet to a point; thence turn and run South 25 feet for point of beginning; from said point of beginning continue South 455 feet to a point; thence turn and run East 50 feet to a point; thence turn and run North 455 feet to a point; thence turn and run t,Test SO feet to the point of beginning~ ~ ~/~~O - ~N pA~p~TOf'TJ1xf~ RECEiYFD f DUE OY CLA59'C' INTANGIBLE PERSONAL PiiOPEh'iT~ PU:?SU~NT TOCHAPTER 20721, ACTSOF 1~4i. r.v~ ~ Y'~~•: i~ 1.~ ~ C,Cf'{C C;fCNI~ C•ONf~ as ~-°~t for ~U~TIS M, JAMGS ~ l+r_ie am y Tax Cotletto~ ~ L~.! W 9 topethar with all and sirgular tM re~ments, heredit~ments ~nd ~ppuNi•xei th~revnto belagirg a in ~nywise ~ppeAai~iny tlxreto. ~{~I~?~~w~. procs~ds and profits accruiny ~~d to acvw from said premises all of wliKh ue included in the above and fwe9oina dacription snd hsberdwn. TO HAVE AND TO HOW tt+e above described and pnnted premi~es umo th~ said MORTGAGEE, iri svaessois +nd assipro for~w?. Md tir s~Id AAORTGAGOR for theiZ F~ein, eaeMOn. +dminis~r~tors and auiyn~, hereby coven+nn with tht uid MORTGAGEE, its suoceswn ~nd +ss1pM, rFwt ~he~- lawfully seized of the s+id prem~te~ in fee s~mple: tMt tl» same ~r~ f~ee.. ckar and ditthu~ed from sll liens and a++cvm~ brances in (aw or in eq~ity, and tiut theY will ~nd their heir~ shall wuruN and deferd the titlt 1o the s~ fo fM s~ld MORTGAGEE, ita s~ccessors +nd auiyns, fwever apaimt the Iswful claimf ~nd demands of all penons: PROVIDED, AIWAYS that if tM MORTGAGOR shall pay unro the MORTGAGEE tFw promiuory note hereinbefore d~wibed u+d ahall trvly, prompth ~nd fully perfam, dischar~, execvt~, compl~te, comply with and ~bide bY ~ach and every tFN ~tipularions, ayreemenb, conditions ~nd coven+n:i of said promissory note snd of this Mortys~, thN+ tha Morty+pe +nd the bt~te her~by anted sMll ceas~ and be null and wid. IT IS UN~ERSTOOD tlut the word "Mwtpaya" whether in the sinyula? or plwal ~nywhert in this 1Mort9aye, ahall be sinp~l~r if one only and shall be plutal jointly ~nd sever~lly if more than ont, and tMt the word "their" ~s used anywher~ in th's Nlorty+ge shall ba taken to mea~ "his:• ••hen•• w"iri;' wherever tl+~ tontext so. implies w adrnits. Alw, Ihat whsreve~ fhere is a r~ferena in th~ covenants and a9reements herei~ tontained to ~ny of the pa?ties hereto, th~ ~sme sh+ll be conitrued ~o me+e +s well as tM heirs. Ipal npr~sent~tives. ~uccss~ors ~nd auipro (~ither volumary by act of th~ parti~s w involuntary by ope~stion of the law) of the sam~ and th~t tM coven+~n her~in contai~ed sh~ll bind ~nd the berwfits ~nd sdv~ntay~s inun ro the retpectivt heirs, lepd representatiws, suuessors ~nd +ss~yes of tM p+rti~+ h~?eto. /1nd said Hlwtyayon, for themselves and their hein, kyal rspresentstives, s~asssws snd aaipns, Iw~sby jointly and seva~lly covenant ~nd apree to and with ttye said MORTGACsEE, iri succeswrs u~d auiyns: 1. To pay ~11 ~nd ~Inpvlu th~ printipal and i~terest ~nd thi wriow and wndry wms of moi+eY P+Y+bk bY virtut of said promis~wy rate. ~nd tFw mortya~e. ~ach ~nd w~ry, promptly on the days respect~vely tFw NIOt NV~f~IIy bKOfM d1N. Y. To pay all ~nd sirgulu tht tazer, assesvnents. Itvies, li~bilities, oblgatio~s and encumbrsntes of every n+turs and kind now on s~id dew~ed property a that hereafqr m+y b~ imposed, wffered, placad, kvied, or ~ssei~ed thereon, a tMt hneaft~r may be lev~ed or usessed upon this Map- sg~, a tFw ird~btedrwss sewred Mreby, tach and every, when dw and p+yable, xcordirg to law, befae they becortK delinquent, and before ~ny intaest •ttathes w any pen+lty is incwred; AND INSOFAR AS AN THEREOF ~S OF RKORD THE SAME SHAII SE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND TNE ORIGINAI OfFICIAI DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER ~OFFICI/1LLY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in ti~e event that ~ny thereof is not paid, sat'sfi~d ~nd diuharyed sa:d MORTGAGEE m+y at ~oy timt pay the s+me w~ny part the+eof without w+ivin9 w sffectiny ~ny option. IiM, pvity a .iQht u~ w by virtu~ of this mortyaye ~~d Ihe full amount of e+ch ~nd every iuch p+yment ahall be immediately due and paysbk and sMll bear inte~a~ ~rom the d~te th~rwf until paid n rate of nirK per c~mum per annum ~nd topether wlth such inttr~st sM1I b~ ~ecur~d by the lien of th:s mor~ptpe. ~ a~ 1 ~~u Y~ ~3~z _ , . _ - - f . ~q s t ~ ?"a:-` syz~= ~ I ~'ii.- ~a r,..,:,~~ I ~ - ,.i:~.;