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Home My WebLink About1339~~vQ~r THIS INDENTURE, Mede tFie 12th day ~ August A.D. 19 69 between Laurel B. Madden and Nancy A. Maddens his wife of $t • Lucie Camp Florida. hereinafter designated as the "MORTGAGOR." and fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, a corporation organised and existing under tM laws of tM United States of America and h~v4tg hs principal place of buswtsas N tM Clty d Fort Pierce. St. Lucie County: fl«itla, hsreirtafter designated as tM "MORTGAGEE." WHEREAS tM MORTGAGOR b tustly ktdsbted ro the MORTGAGEE in the sum of ~ 7 • ~~• ~ r good and lawful money of the United States advanced by tM !MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, of which the followGtg In w« ~ and_ fi~ur~ a trw copy, to-wit: fM 151883 _ :-- ~~)• August 12 19 69 fort PMra, Florida, F« valve received, 1, wt « either of vs, promise ro y, without defalcetion, to tM «der of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the wm of S 7 e ~ • ~ with interest from date at the rate of7.75 % per annum. in montMy install. menri as follows: >R ~•~ on file Sth day of OCtOber. 19 69 and a like sum on the corresportdutp day of each month there- after until the whole bs fully paid. Each imtallrrtent Pint shall be applied in payment of tM interest and then on the unpaid balance of the prinapal sum. If defauh b made h tM- payment of any installment when dw, and such defauh continues 30 days, then at tM option of tM holde-, and without any other ratite, all tM rerttainirtg irotallrrtenri shall be dw and payable at Dots. Privilege b given ro prepay this rate in whole « in part et any Yune without psrwhy. Wehher forsbearartoe, nor scceptancs by the holder thereof after any defauh in any paymenri hereon, skill be deemed extenion. A late payment charge off 3.30 -shell be added ro each irutallment remaining unpaid 7 days after ifs dw date, end a like sum shall be added to each such installment rsmainirtg unpaid 7 days after each sttcaadirtg payment date. Each maker, wrety and endorsor hereof. loirttly and severally, w~rves demand, presentment protest and notice of protest f« nonpayment, and further agrees ro any extension of tune of payment, either before « after maturity, without notice to any of us; and to pay all coon of collection, includmp a reasonable attorney i fee in the event of any default herevrder, end hereby severally waives all benefit of homestead and exemption under the oorrtitution and laws of each State of the United States, ss against this obligation « any extension « renewal hereof. Witness 1M band and scent! of each party. /s/Laurel B. Madden ~q 4sEAU s Nancy A. Madden tsEAU 4sEAU ( 10.50 t State Revenw (Stamp. cartoelled on «iginal note) 7' ~C) l ~ NOW, THEREFORE, tM MORTGAGOR for the purpose of securing paymsrtt of said sum of S .and tM performartcs of the covenants and agreemenri hereinaher expressed, and f« divers good end valwble corridewtiora, by these Presents, does grant. bargain. sell, remise, release, convey and confirm unto fM MORTGAGEE, iri suawaors and assigns. all that Certain lot, piece or parcel of land, situate, flnrtg, and being In the County of St. Lucie and State of Fbitda, deeaibed a follows: Lot 11, Block 2, FLBBTSdOOD ACR13S, as per plat thereof on file in Plat Book 10, page 78, Public Records of St. Lucie County, Rlorida,~ , ~>~i'!I'lii~t,,l'Ii~ _, `-f i tr3 f ~~ O IN PAYk1ENi OF TAXES .~'- . ~ R):CEIYm INTN'IGBLE PERSONAL PROPERTY, ~- ~' ' ~ z i l I~ pvi TO CFUIpriR 28724, ACTS Of 1941. w .v FOGfR POITRAS, Clerk Circuit Court ~ as Agent fol DANIEL N. KNOWIES„ 1R :~c i a a a Gam; =1~~~IIIIIIIIIctn: ~, lgcie Courtly Tax Collector ~, ~jn~noo DEPIfTY CLERIC ::;~fil '1S together with ad and singular. the tenerttertts, hersd'damenri and appurtarxas tlrretmto belortgirg or in anywise appertaining therNo, and all rsrtts, bores, proceeds and profits ac«trirg and ro .caw from said premises. all of which an irduded in the above and f«egoing description and Itabardum. TO HAVE AND ~Q ffOl_D the above deuribed and granted premises umo the saW MORTGAGEE, its wooess«s and assig+a forever. Md the eaid MORTGAGOR f« net heir, executors, administrators end assigns, hereby oovenanri with the said MORTGAGEE. its stttcsssors and assigns, they are that lawfully seized of the said premises in fee simples that tfr same an free, clear and ~targed from all Herr ertcwrr trances in law « in equity, and that they will and their heir alts!! warrant and defend tM title ro the same ro tlta Bald MORTGAGEE, Hs atrcoessors and assigns, f«ever againt the lawful dairru and demands of all psrsorrt PROVIDED, ALWAYS that ff the MORTGAGOR shall pay unto the MORTGAGEE the prambs«y note hereinbef«e desvibed and shall truly, prontpfly and fully perform, dadtarge, execute, Complete. comply with and abide by each and every the stipulation, agreements, oorditions and CowrwMS of said promiss«y rate and of fhb Mortgage, then fhb Mortgage and the &tats hereby crated sMll cease and bs null and void. n IS UNDERSTOOD that tFw word "Mortgagor" whether in ttr singular a plural anywhere in fhb M«tgagta, shall be singular ff orr only and shall be plural toimty and sererally ff more than one, and that tM w«d "their' a used anywMn in fhb M«gage shall M taken ro mean "hb." "Mn."' « "its," wherever the context so implies « admin. Abo, that wherever there b a nferertoe in fife tovertanls and agreements herein aorttairted ro arty d the parties hentq, tM saute shall be contnted ro mean as well as tM heirs, legal representatives, wcwu«s and assiprr (either volumary by ad of flte parties a irtvoluMary by operation of tM law) of tM same and that the covertsrtts herein contained shall bind and tM berrfits and advantages irw-s ro the respecthre heirs, legal npresentatiws, wccessors and .sign of the parties bents And said Mortgagas, far tltemselvu and their Min, legd representatives, suaesson and assigns, hereby iointh and severally coverwn and ague ro and with tits wrd MORTGAGEE, its wocassors and assipos: 1. To pay all and singular tM principal and iroereM and the versus and sundry sums of nan+Y payable by virtue of said promissory rate, and fhb mortgage, each and every, promptly on tits days rapecYwely tits same severally become dw. Z. To pay aN and singular the taxes, asesarrtertts, levies, liabilities, obligation and encumbrances of every nature and kind now on saW dewlbed property, or ChM hereafter mey be irrtpowd, suffered, placed, Iwied, a assessed thereon, or that hereafter may be levied err assessed upon ChM Mortg~ ergs, a f?r Ytdsbtedrwss teetrnd hereby, sacft and every, when dw end payable, aooordrng ro law. before they become dtUnquertt, and before arty kMerW a»adtes « any partahy b inarrreds AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAH 8E PROMPTLY SATISFIED AND DfSCF41utCED OF RECORD AND THE ORIGINAL OffK1Al DOCUMENT (Sl1CH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SA715FACTfON PAPER OffIC1ALLY ENDORSE OR t~RTIFIED) SHALL f1E PLACED IN THE HAN06 Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ChM any tlteraof b not paid, sM:sfied and disclterged said MORTGAGEE may at any tirrte pay the same « arty part thereof without waiving « affettirg arty option, Vert, equity err ~ipht order « by vtrtw of fhb mortgage and tM full amount of each and every such payment shall be immediately dw and payable and ells!! beer interest kern the date thereof until paid at rate of nine per eentwn per annum and together with such interest II by the lien of this morgtags.