The URL can be used to link to this page

Home My WebLink About0697~- ~ ~ `- 181599 THIS INDENTURE. Made the Sth day of ALnssct - A.D. 19~. btwoers James S . Dtoric a and Ida D1ae [~loric~a him w, f~ of S t . L L1C le ,County florida, hereirsafter designated as tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a txsrpowtion orgsnited and existing under tM laws of tM United States of America and Isavkg its principal plan of business h tlsa City of Fort Pwra, St. ludo County, Florida, hereirsafta designated as rise "MORTGAGEE." ViIHEREAS tM MORTGAGOR b isntly indebted to tM MORTGAGEE h Ilse sum of ~ 5 ^ ~ ~ • ~ .good end lawful money of rise United States advanced by tM MORTGAGEE unto tM MORTGAGOR. as evidenced by a certain promiswry role of even data herewith, of whicA tM fdlowirsg h words and figures b a trsra copy. towvits ~.,,,, = 5 _ 5~ . 00 ~ ~,~,^l5 , 869 ~ Fort Piatos, Florida, A il,~yis t 5 T9.b3._ ~ For valve receNed, 1, vw or either of us, promise ro pay, without defalation, td tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Piero, Fkxida, tM sum of >) 5, SOO.00 with interest from date at tM rate of $ • U % per arsons. In mgnthiy install- 53 00 5 nccteber 19_x_ and a like sum on tM corresponding day of each month tharr menu as follows: ~ on tM ~_ day of after until tM whole be fully paid. Each irotillrrssrst first sMll be applied in payment of tM interest and then on tM unpaid balance of tM principal Burn. If defauh b n}sda tts 1M ~ payment of any instillment when dw, and such default continues 30 days, then at tM opYan of 1M holder, and without any other notip, all tM remaYsirsg • instaikrsenis shall bs dw and payabk at ono. Privilege is given to prepay this no» h whole or in part at any Ysme without persahy. NehMr forebeannce, ~ nor acceptance by tM holder thereof after any defwh in any paymer-ts Mreon, si-all be deemed extension. A late payment dsarge of 12.65 ,~ ba 3 added to each irsstallment remaining unpaid 7 days after its dw date, and a like sum shall be added to each such irsatal{rrsent rerrsainirsg urspaid 7 days after each woosedirsg payment da». ~ Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further ~j agrees to arsy extension of time of payment, either before or after maturity, without notice to any of us; and to pay all owls of collection, hduding a reasonable attorrsey i fee in tM event of any default hereunder, and Mreby severally waives all benefit of homestead and exemption under tM ooratitution and laws of each State of tM United Styes, as against this obligation or any extension a renewal hereof. Witness the hand and seal of each party ~ / s/ .James S . bier is a (SEAU (SEW ` /s/ Ida brae Ajor is a tSEAU ,~ „. (BEAU ~ ( 8 .25 ) Sta» Reverwra _ (Stamps carsoalled on original rw») NOW, THEREFORE. tM MORTGAGOR for tM purpose of sacvring payment of said sum of >E 5 • SlJO • ~ ,end tM performance of tlsa covanargs and agreements hereinafta+ expressed, and for diver good and valwbte corssideration„ by these presents, does grant, bargain, wi4 remise. release, convey and confirm unto tM MORTGAGEE, its successors and assigns, all that certain tit, pity a parcel of land, situate, lying, and being h the County ~ S t. Lucre and Sta» of Florida, described as fdkiws: The South 70 feet of Lot 1, Block 128, of a Re-Subdivision of Blocks 113, 114, 127 and 128 of Garden City Farms, as per plat thereof on _.cS dE ~ fit. file in Plat Book 8, Page 3, of the Public ~,~E~Q~~ Records of St. Lucie County, Florida,.. of ~~,Q~~ts v ~ DOCUMENTAp_!_ ST/iPfP Ti.;t ~ z = = ~,.v~~ -- - -•r ~ = All6-8'69 ` .~~:,~', - ~~ _ ,•~ X825= ~ COMPTROLLER ~.. -~ P.~.1?0138 i~ ca. ~ . ~~~~~.~e<. ~v ~~ G~ ~ G~ ~~~~ C`t~O~~ CG ~~e~t u:~ aS ~~\e~ ~4~' ~~ together with sN and shgstl+r tM tenements. henditartsenb and appurtarsoes tisereunw belonging a h anywise appertaWnsp tlssrato, snd aN reMS, iasuas, prooaeds and profits aowirg and to acaw from said premises, all of which an inckrded h tM abosnt and fwegoirsg dysuiption and isabMSdun. TO HAVE AND TO HOLD tM above desm'betf and granted prsresiaes unto tM said MORTGAGEE, its aucoesaora and assigns fonw-. And the acid MORTGAGOR for h i r Min, executors, administrator and assigrsa, hereby covenants with the paid MORTGAGEE, its s+rocaaora and aasigrr. that th$,}( are lawfuly seized of the said pramisu h fee cirrspbt that tM same an free, clear and diacMrped fronts all Nary and anta~ brancq h law a h equity, and tM* they .will and hni r hair shall warrant and defend the title to tM sansa b Iht said MORTGAGEE. its ssrcaswrs and assign, forayer against tM lawful claims and demands of all perwnst PROVIDED, ALWAYS that if tM MORTGAGOR atoll pay uMO tM MORTGAGEE rise promissory rsote herehbefon daeaibed and shall truly, prontsptiy and fully perform, ~aclsarge, exewte, complete, comply with and abitM by each and every tM stiprrbtions, agreements, corsditiorss and coversartts of said promissory no» and of this Malgape, then thb Mortgage and tM Esta» hereby ueated shall case and be rwN and void. IT IS UNDERSTOOD tMt tM word "Mortgagor" wMther h tM singular or plural artywMn h this Mortgage. shall be singular if once only and shall ba plwal johtly and severally if mon than one, and that tM word "their" as used anywhara h this Morpage atoll ba taken a mean "FsN." "ton." a "its," wherever tM nxsroext so implies a admits. Abo, that wherever than b • nfernsrsoa in the covenants and agreerrsersts harsh ooMaYsad to any of tM parties hen% the eama shall ba corsatrwd to mean as well as tM hairs, legal representathres, auoceswrs and assign (eitMr vohettary by act of tlsa parties a hvduntary by operation of tM law) of tM same and that tM coversanb henh contained slsali bind and tM bersefib and advantages town to rise raapectiw Min, kagal repreeentativee, stroceasors and assign of tM parties hereto. And eaM Mortgagors, for thanwMes and their hairs„ legal represeMatiws, wexesaora and assign, hereby jointly and sawraNy coyanar+t and agree ro and with tM said MORTGAGEE, its woceswra and assigns 1. To pay aN and singular tM principal and imereat and tM various and sundry soma of ttsonay payable by virtue of said pron-issay noN, and thN mortgage, each and awry, promptly on tM days raapectiwlY tlsa same severally beoonss dw. 2 To pay aN and singular the taxes, psessrrssrsb, ktvies, IiabilHies, obligations and ertaxrsbranas of es»ry nNwe and kind now an said deaa~ad property, a that hereafter may be tnsposed, suffered Pl+ad, Iwiad, or ateessed thereorb or that isenafter may ba ktv4d a aaseasd upon 1hM Mortg~ ape. a lira ksdabtedrseas eetarred hereby, ends and es»ry, wham dw and payable, aaording to law, before they beconsa delksgsrerst, and before arsy Mtlsreet attacMs or arty penahy is intcwreds AI'tD INSOFAR ~ APIY THEREOF IS Of RKORD THE SAME SHAH 6E PROMPTLY SATISFIED AND DISCHARGED OF RKORD AND THE ORIGINAL OffK1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFKUU.LY ENDORSED OR CERTIFIED) SHALL 6E PlACEO IN 1HE HANGS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT] and h tM evem that any thereof t• not paid, satafiad and disdsarged acid MORTGAGEE may at any tirrse pay tM aanse a arty part thereof without waivirsg a affecting any option, liar, equity or .Ight under or by virtw of this mortgage and tM full amount of each and evarY Guth paynwnt shall be knnsedia»ly dw and payable and ehsN boar interest warn rise da» tMreof until paid at r» of nine par centwn par annum and together with such. interest atoll be secwed by tM liars of rhte morgtagt. gooK 179 PACE 696 .~ _ _ _ ~~