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Home My WebLink About09301~17`•~1 ~~% THIS INDENTURE, Made the 26th day of J~Y A.D. 19 69 . between Charles F . Kendall and Clara H. Kendal-1,~ his wif e of St • L L1C le County Fbrida, hereinafter dssgn+tsd es tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a osrporation organised and existing under tM levee of tM Ur-ited StatN of Atnarka and havhp ib principal plan of burirress h tM City of Fort Piero. St. lode County. Florida, herehafter designated es tM "MORTGAGEE." 12 , 000.00 and lawful mawy of tM United WHEREAS tM MORTGAGOR 1. jwtly indebted to tM MORTGAGEE h tM ara<rt of S ~ tip States advanced by tM MORTGAGEE unro tM MORTGAGOR, as evidenced by a certain promissory ra» of awn date herewith, of which tM folktwing h words and figures it • trw copy, to-wif: = 12.000.00 1,1r 15.847 Fort ~ 19 69 F« valve received, I, vw « either of us, promise ro pay, without defalcation, to tM or~f Lf=dIRS~~~lf~AlcRA1~S AN ASSOCIATION OF FORT PIERCE at Fort Pierce. Florida, tM sum of >G 12 •000.00 with interest from da» at tM rate of ~.~% per annwn, ut rrarMhlY hstal6 menu as follows: i 97 •~ on tM 5th day of November 19_69- and a like sum on tM corresp«tdinp day of each nanth them after until tM whole be fully paid. Each installment first sMll be applied in payment of tM interest and then on tM unpaid balance of tM principal sum. If defauh b made h tM payment of any installment when dw, and such default continues 30 days, then at tM option of tM hokkr, and without any other ratio, all tM nmahing installments shall bs dw and payable at once. Privilege is given ro prepay this note in whole « in part at .ny time without penalty. tJeither forabarartos, nor acceptance by the holder thereof after any default in any payments hereon, shall ba deemed extension. A late payment dtarge of i ~+~. Stoll be added to each installment remaining unpaid 7 days after its dw des», and a like sum shall be sddad to esch such installment remaining unpaid 7 days efts each suoceedirg payment date. Each maker. sorely and endorser heeeof, jointly and severally, waives demand. presentment protest and ratite of protest f« nonpayment, and further agrees ro any extension of time of payment, either before « after maturity, without notice to any of us; and ro pay all costs of colkctan, indud'xp a reasonable attorney i fee in tM event of any default hereunrk-, and Mreby severally waives all benefit of homestead end exemption under tM comtitulion and laws of each State of tM United States, as agairat this obligatan « any exteraan o- renewal hereof. Witness tM hand and seal of each party. '~ f~ f [`hgri oc .E~iGandsll ISEAW (SEAU s C era H. Kendall REAV (SEAL) ( 18.00 ) S»» Rawnw (stamps cartoellsd on original note) _ 12 000 00 NOW, THEREFORE, tM MORTGAGOR f« tM purpose of securing payment of said sum of S • • ,and tM Performance of tM covenants and agreements Mre'mafter expressed, and f« divers good and valwble cauideratior-s, by theca presents, does grant, bargain, sell, remise, relcsse, convey and confirm unro 1M MORTGAGEE, its arrasasoa and assigns, all that certain lot, pica « parcel of land, rituals. lying, and being h tM County of S t L_ Lc i e _, and Sta» of Fbrida, deaaibed as follows: Lot 1, Block 145, LAKEtdOOD PARK, UNIT 11, as per plat thereof on file in Plat Book 11, Pages 32-A, 32-B, 32-C, and 32-D, of the Public Records of St. Lucie County, Florida, w v ~ S~I'~;t c~~~ r~t~t-.•ct..;~~ D_OCUMEN_TAp" S'iAMP i A;( ~~ TS -~..~._~ ~~ ~ 1800 C OkpTgOLLEq __ P~.190138 :-,~~Q~ '-~.,~,T 7 ~+- IN PAYTIIENT ~ TAXES RECE~ 18LE PEh'SC~E p;M, P~cRiY, DUE UN 1~ ~ p R~ 720. ACTS OF 1311. PURS~~ Clerk Cir~u~1 Court as Ace' t for Gp~f~l N. f(NOWIESr 1R iG °y (mac ~~ togNhsr with all and singular tM terternertta, heraditamants and appurtsnas therwnro belonging « h arrywiw appertaining there% and all rents, issues, proceeds and profits accruing and to acaw from said premises, all of which are frtctrrded h tM above and foregdrg dasviption and Mbsrtdunr. TO HAVE AND TO HOLD tM above described and granted premises unto tM said MORTGAGEE, i» suezssson and assigns forvrve-. And the saW MORTGAGOR for their Min, executors, adminirnaton and assigns, hereby covenants with tM said MORTGAGEE, ib arsocessora and asNgrr, tMt thP•Y are lawfully seized of tM said pnrnaes h fee simples that tM same an hoe. dear and discharged fran all liarrs and rrrtctrnrt- brances blew « h equity, and than the V will and tlw i r Min shall warrant and defend tM title ro tM rants ro tM said MORTGAGEE, its woceswrs and assigns, forever against tM lawful daims and demands of all persons PROVIDED, ALWAYS that if tM MORTGAGOR sMll pay unro tM MORTGAGEE tM promissory note hereirtbef«e described and sMli truly, promptly and fully perform, drsdtargs, execu», complete, comply with and abide by each and every the stipulat'tonn, agreements. rwrtditlons and oovertanb of said promissory more and of this Mortgage, than this Mortgage and tM &tate hereby created altall cease and bs null and void IT IS UNDERSTOOD that tM word "Mortgagor" wMther h tM singular « plural anywMre h this Mortgage, atoll be singular H one only and Stoll be plural joimly and severally if rntors than one, and that tM word "tMir" es wed anywhere h this Morpags shall bs taken ro mean "hia,° "tots," or "its." wherever tM oontsxt so h+plias « admits. Abo, that wherever there is a reference in tM covenants and agreements herein antairtsd to any of tM parties hsre% tM same sMll be construed ro mean es well es tM Min, legal representatives, strccesson and assigns (either vohrMary by act of tlts parties « MtvduMary by operation of tM law) of tM same and that tM covenants harsin contained shall bled and tM benefits and advantages burs to tM respsdiw heir. ktgel nprssentatiws, seocesson and aaygrrts of tM psrties hereto. And said Mortgagors, for themselves and chair heir, legal representatives, waessors and assigm, hereby jointly and aswrslly oovenartt and agree to and with tM said MORTGAGEE, its strooesson and assigm: 1. To pay all and singular tM principal and interest and tM variow and sundry sums of money payable by virtw of said promissory no», and this morgage, each and every. promptly on tM days respectfwly tM same sswraliy beconrts dw. Z To psy all and singular tM taxes, esreu+neats, levies, liabilities, obligatioM and srteuntktrantces of every nature and kind now on said dacrbed property. « that hereaft« may be imposed, sufhred, Placed, Isvi.d, « assessed therewr4 « that hsnafpr may ba ktvied « essesred upon thlt MoHg- ags, « the hdeMedrtsss ascend hereby, sadt and every, when dw and payable, aocordirtg ro law. before they bacarte dslhquent, and bsfon any htsrest attedtes « any penalty it hcwreds AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL dE PROMPTLY SATISFIED AN10 DISCHARGED OF RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (Sl1CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL dE PLACED IN THE HAN05 OF SAID MORTGAGEE WITHIN TEN GAYS NEXT AFTER PAYMENTS and in /M event that arty thered to not paid, sat'afied and dfacharged saA MORTGAGEE may at any time pay tM same « any part thereof without waiving « affedirg any option, lien, equity « .fight under « by virtw of this mortgage and tM full amount of each and every such paymartt Stoll be immediately dw and payable and Stoll bear interest rrom tM dap thereof until paid at rate of nine per cenfum per amunn a*nd~together with such interest shall be secured by tM lien of th:s morgtage. 800K ~ / ~ DACE ~~ r a