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Home My WebLink About2591THIS INDENTURE, ~~ ti.`` II 13th ~1~ ~ ~ Sspts~ B. Pbwf:ll and Htl~n O. Powell, 182998 A.O. T9 69 _ between of $t • L~sCi~ ' ~b Florida. Mnktaf»r designated a the "MORTGAGOR." and FIRST FEDERAL SAVINGS ANO LOAN ASSOCUTION OF FORT PIERCE, • oorpaation organized end existing under tM laws of tM United States of Amariu and hwinp Ms principal Play of tuskless in 1M City of FoA Pierce, St. loci. County, Floridan httrektafter deaiprts»d a tM "MORTGAGEE." ' WHEREAS tM MORTGAGOR R h~+th- kdebted to tM MORTGAGEE in the sum of ~ 20 a 000e 00 ,good and lawful money of the United Seta advanced by 1M MORTGAGEE unro tM MORTGAGOR. a evidenced by • certain pranissory trots of even da» Mrewith, of wFtich the folbwing h words and figures a a rive copy, towih ~ 20,000.00 i,u, 1S .941 Fort Pi.roa ~~ Soptswbos 13, 19 69 Fa value received, 1, .we or e1tMr of us, prom~is~e ton~Py+Y~. without dafakation, to tl+e order of FIRST FEaERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Flortda. the sum of =,~Q•40Qa ~ with interest from date at tM re» of ~._% per arr+un4 in monthly imtall- menn a follows: _~' 17.00 on the ~~. day of Nsar~tr 194. and a like sum on the corrapording day of each month there- after until the while be fully paid. Each instalMrtsnt fleet shall be applied in payment of tM Interest and then on the vnpsid balance of tM prindpal sum. If defauM b made in tM payment of arty imtalkttarrt wham dw, and such defavh oontirtws 30 days, then at the option of tM hoW~r, and without any other notice, ail tM remaining installtner-ri shah be due and payable at one. Prhrilege is given ro prepay thb no» in whole or in part at any time without penalty. Neither forebarsncs, nor acceptance by the holder thereof after arty defwh in any payments hereon, sMli be deemed extetuton. A la» payment charge of i~a~~ shall be rdded ro each imtallrrtant remaining unpaid 7 days after Ns due. dates, and. a like awn shall be added ro esch such installment remaining unpaid 7 days afia esch succeeding payment des». Each maker. suety and endorser Mreof, jointly and severalty, waives demand, presentment protest and notice of protest for nonpayment, end further agree ro amt extension of tune of payment, either before or after maturity, without notice ro any of us; and to pay all rxisri of collection, including • reasonable attoraey's fee in tM event of arty default Mrewtdn, and Iterebll severally waives a!1 benefit of homestead and exempt'an under the constitution and laws of each Sta» of the United States, a against this obligation or any exteasion a renewal hereof. Witness tM bend and sal of each party. c~ Jos~ph~' B. Powell tsEAu (sEAU S/ Htslfafn O. Powell tsEAU . (BEAU NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of wid sum of S~.Q, ~0~ ~ ,and tM performance of the covenants and agreements harektaf»r expressed, and for dhers good and valwble cortsidaratiam, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its wooessors and assigns, ail that earUin lob pica or parcel of land, sitwte, lykg, and being in tM bounty ~ Ct 1~ia .and Stm of Florida, dewt~ed a follows: Thf North ZOO lit of the NWT of tht SW'4 of the SW~ of Section 19, Township 35 South, Ranges 40 Bs-st; BHCBP?ING THSRBFl~JM thf Sast 15 lswt of tht i~dest 40 lit of the Nosth 200 loot of thf NWT of the SW's of the SW's o! Section 19, Township 35 South, Range 40 Bast, containing 0.069 0l an aeso, RI<OS• os loss, IN PAYMENT ~ T11XE5 PERSONAL PZDPE(tTf, DE.tE ~.~ TO ~ ppT:R 2D72~ 1-CTS OF 1941. P;; 's_. • Clerk Circuit Court f ~~- R pOl :GAS. OWLES, 1R as Agsrt f~l CAt31'cl N• ~ S;. Lucie County tax Collector By DF~n together with aN and singular the tarterrtertts, hveditamenb and appuAanoa tMreunto bebngkg or M anywise appartaktktg thereto, and all rents, issues, proceeds and profits atxTttktg end ro aouw from said premise, ail of which an ktdudad let the above and foregoing description and Mbendum. TO NAVE ANO TO HOLD tM above described and granted premiss unto the said MORTGAGEE, its suocessas and assigns forever. Aid tM said MORTGAGOR for h i= Mire, executors, administrators and assigns„ hereby oovnanri with the said MORTGAGEE, iK wocessore and assigns, that thMy >11r~ lawfully seized of tM veld premises tIn fee simple: that tM wee an free, char and disd+srg.d from ail Liens and enatm~ brartps in Law or in equity, and tMt_ thtsV will and their Mire sMll warrant and defend the title b tM wee to tM saW MORTGAGEE, iri wooessors and asstgnn, forever against 1M lawful claims and demands of all parsorta; PROVIDED, ALWAYS retest if tM MORTGAGOR shall pay urtro tM MORTGAGEE /M promissory no» Mreinbefon described and atoll truly, promptly end fully perform, d'adtarg~ exetarte, complete, o9mply with and abide by each and every tM stipulations, agreements, caditioro and covenants of said promissory rto» and of this Matgage, then this Nbrgage and tM Estm hereby vested shall cease and be null aril void. n IS UNDERSTOOD that tM word "Mortgagor"' vvMthe- in tM singular a plural antywltere in this Morppe, stole be singular if one only and shall be plural joktty and severely if men than one, and that tM word ~tMir" a used anywMn in this Mortgage shall be taken ro mean "his," "Mrs." a 'iri," vrltaever tM context so implies a admits. Also, that vrMrever then is a referettoe M tM covenants and agreananri Mrein eontaktad ro arty of tF-e parties torero, tM wee shell be catstrud ro mean a wall a tM heks, legal repressntatires, suooesson and assigns (eitMr voluntary by ad of tM parties or involuntary by operation of tM law) of tM wee and tMt the oorenants Mrein contained stole bind and tM benefits and advantage kttrn to tM nspettiw Mire, Ipal repreerttatfve, suocassors and assrgtq of tM pantie henla And said Morgagon, for themselves and terser Mks, legal repraattatives, suoassors and aligns, hereby jointly and severally covenant and agree ro and with tM said MORTGAGEE, ire strooesson and assiprrn 1. To pay all and skgular tM principal and ktterest and the rsrious and sundry soma of money payable by vktw of said promissory note, and this morpage, each and every, pranptly on the days rapecthraly tM wee sewraNy beoonte des. Z. To pay aN and aktgular tM taxe, aaeunta+ts. levies, liabilities, obligation and eneumbranoe of awry nature and kktd now an said davibed property, a thM hereafter may be Imposed, suffered, Pl+txd, tried, or assessed tFtereort, a tMt Mreaf»r may be levied a asessed upon thts Mortg- age, or the ktdebtednas setatred Mreby, eatdt aril awry, when des and payable, aenrdk+g to law, before they become delktqueM, and before any interest attadte or any penahy is incurred: AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAH SE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL 0FFICUIL DOCUME/JT (SUCH AS, FOR INSTANCE, TtfE TAX RECEIPT OR THE SATISFACitON PAPER OFFICIALLY ENDORSED OR CERTIf1ED) SHALL 6E PLACED IN THE H/1N05 OF SAID MORTGAGEE WITH{N TEN DAYS NEXT AFTER PAYMENT; and in tM event tFtat any tMraof is not paid, satisfied and dacMrged said MORTGAGEE may at any time pay tM wee a airy part thasof wiNwut waiving or affecting any option, i:rrn, equity or .iqM undo or by vkhre of this mortgage and tM full amount of each and every such patm>ktt shall ba hunadiatsly due and payable and atoll bat kNerest crom the da» thereof wail paid at rata of nine par antum per anrwrn and togetltaQwRlt ~tMras~shRl~~e ~r(ed by tM lien of th;s morgtage. aooK 1 ~ t~ Ft%rV1~V(~VJ - ~= Y .~