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Home My WebLink About1078 . lss3ss 29th November ~o. 19 69 ~ THIS INDENTURE, M+d~ tl'i~ dsy of hiaurice R. Smith and 5hirley B.-Smith, his wire, _ af St. LUC1Q Cqi~~y Florid~, Mninaft~r dttign~ted ~s the "MORTGAGOR," and FIRST FEUERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a twpor~tion apui~zed and exi~tinp unde~ tM laws of the United Suta of America and Mvinp ib principal pl~ce of busintu in th~ City of Fort PiKU, St. lucie County. Flaid+, hH~in~hN desipn+Nd u tM "MORTGAGEE." WHEREAS tM MORTGAGOR is ivstly ind~bt~d W ttw MORTGAGEE in ths sum of i S~ SOO ~ OO 9~ Iawiul money of the Un~ted Statet advanced by the MORTGAGEE vnto the MORTGAGOR. +s evidenc.-d by ~ certain promiuory Aot~ of even date herewith, of vrhlch tha foliowinp in wwdt a~d fiyures is ~ trw copy, to-wih = 5,soo.oo . ib,o~3 ~ P;~.. F~b,. November 29. 19 69 Fw value raceived. I, we o? either of vs, promise to pay, withart dafalc~tiory to the order of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION UF FORT PIERCE ~t Fws Piercs, Flwida, the svm of = 5. 500. ~ with interest from date at the rate of S• 25`X'a per annum, in monthly instalb ments aa followi: i_ 61.00 LSL11 ~y o{ Januar~ ~9 7O and a like sum on the cwrespondi~g day of each month there- after until the whole oe fully paid. Each instal~r+unt first shall be applied in payment of ths interest and thcn on the u~paid balance of the p~irtc~pal sum. If default is made in the payment of any installment when dve, snd such defauh continues 30 days, then at the option of the hotder, and without any othe~ ootice, all the remaiRing installments sMfl be due and p~yabb at once. Privileye is piven to prepsy this nols in whols w in part at sny time without penslty. Neitner forebearante, no~ acceptance by the holder thereof after ~ny defsuM in any p+ymenb hcreo~, shall be deemed extension. A late payment charge oi ,.3 ~O5 shall be added to each installrrKnt remaining unpaid 7 day~ aftet its dus date, and a like sum shall be added to each s~th installment remaining unpaid 7 days after each succeedirg payment date. Each maker, surey and e~do?cer hereof, jointly and sever~lly, waivet demand, presentment protest and notice of protest fw nonpayment, and funher agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attwney's fee in the event of any default hereunde?, and hareby severally waives all kxnefit of homestead and exemption under the constitution and laws of each State of the United States, as against this oblig~tion w any cxtension a renewal hereof. Witness the hand and seal of each party. S/ Maurice R. Smith ~aU (5~?~) S/ Shirley B. Smith ~U (s~?t~ ~ $ 8 . 25 ) State Rev~nw (Stamp~ unc~iled o~ origi~al nots) rg p~ymtnt of aid sum of i + • and the perfo?ma~ce of ths NOW, THEREFORE, the MQRTGAGOR fo~ the purpose of secvri 5 500 00 coven~nri and sgreemenn hereinafter expreued, u+d for divers ~ood snd v~lwbls tonsiderations, by these presents, does grant, baryain, sell, remise, release, convey a~d confirm unto the MORTGAGEE, ib wcuuon and ~s~iyn~, ell that ceruin lot, piece or p~rcel of land, tit~ste, lying, and beiny in the ~Wn~ St . LuCi@ aod State of Fbrida, describ~d as follows: :.ot 5, Block 3, FLBETZJOOD ~CRES, according to the plat thereof as zecorded in Plat Book 10, at page 78, of the Public Records of St. Lucie County, Florida, ' kECFryEp = ~ QJE Utd ~ . ~ W.r.S:.:s;:T p~ ~C IMTAl.6lBlE p PAY.H~ ~ T ~ r~~'i_ CFL4PT~/1 20724, E~ft1[ p~ A1(ET _ _ . ~ . r . • . ~ ~R POIT ACnS Of 19~1~pERR W~. ~ 1 r-~ t r~-~ L t.~ ~-1 . L A ~ ABe~t for~ Cter?c Crrcuit ~~rt DOCU:~~~t•JTA~'-_-,S:~i"-'~ "fb~:~ ~ ~t Luc ~AN? FC N Ky~W J z c~; t ie Caunty T~ Col! JR O _ 69 : ii:~` ;~F ~ = ~285~ ' ~ ector ~ ~ ; ` ~ ` ~ / v~ c'oKaiao:a-~ _ f '~.~:l401.'8 °c ~ p~~, _ . : . = a~ --r ~ _ DEC-2'69 ,.f - " ~540= tn V COI~IP1ROlLER ~ P.6.190133 R,~ fogether with all ~nd sin9vl~r the tenements, hereditaments ~nd ~ppurt+eces t1+Keunto b~lonpi^0 0~ in +^y~iiw appert+inag thereto, and all r~nts, iuws, proceeds •nd prof~n accruing ar+d ro acwe from said p~remisea, all of which ue included in t!n abov~ snd fonyoiny description u~d hsbendum. TO kAVE AND TO HOLD tht +bove dewibed ud 9nnted premisK vMO tFw s+id MORTGAGEE, its suocessors ~nd ~uip~u forewr. Md th~ p{d MORTGAGOft fa their Min, ~xecuton, sdministraton ~nd astiyns, he~~by covensnts with th~ said MORTGAGEE, ifs waesson ~nd auipro. rhat they are uu~ ~ t~ in fN simplr, that tM sam~ ~r~ frN, cku ind diuhu9ed from ~II liena and ~nc,u~r bronces in law or in equiy, and tM* they will ~nd their htin sMll warrant ~nd deftnd ttN titk ro tM ~arn~ to tht said MORiGAGEE, in succeuon s~d usgns. fwever aQainst tFM I~wful dsims ~~d dem+nds of ~II penau: PROVIDED, ALWAYS that if tFw MORTGAGOR shall p~y w+to the AAORTGAGEE tM promiswry not~ heninbefw~ dewibed snd shall trvly, promptly and fully pcrform, di~charye, exec~t~, compl~te, comply with and abide by exh and ~very the stipul~tions, syreements, conditions a~d covenu~ts of said ~ promiisory note and of tha Mortg+pt, thN+ this Mortyspe and the Estate h~reby usated sMall ceast and b~ ~wll ~nd void. IT IS UNDERSTOOD thai the word "Mortyspor' whether in tM sirgular w plw~) ~nywhere in this Monpap~, shal) be sinpulu if on~ onh u~d ~ shsll bs plwsl jointly and severally N mon tFwn on~, and th~t the word "their" ~s used +nywhere in tha lNortp+y~ shall be take~ to mesn "hb:• •'Men:• ~ or ••in:' wherever th~ context w implies w admits. Also, that wherever there h+ reference in th~ covenants ~nd a9r~emenh herein oontainsd to any of ~ the puties hereto, tF~e sarn~ thall . b~ oomtrued ro m~an ss well ~s tM hsin, ky~l representatiws, successon and sui~ro (either volumary by ~ct of the parties w involuntary by oper+tan of tM Iwv) of the surw aod that the covenanb here~ oonfained shsll biod and the bN+efi» and sdvantayes irwr~ ro the respediw Min, kyal repre~entatiws, succeisors and ~u~yns of tM p+rti~s he?~to. ~ /?nd said Mortypors, fw themselves ud their hein, lay~l representatives, succNSOn and ~asi~ro, h~reby jointly and sevKally covenant a~+d ayrs~ to and with tl» said MORTGAGEE, its wcctssas and sst3pra: 1. To psy ~11 and sinpular ths princip+l and interest a~d tFw vuian ~nd wndry sums of mawY P+Y+~ bY virtw of said promiuar not~. ~nd this ~ ^+or?y+ye, each and swry. Promptly on t!w dapt respsdively th~ iarn~ s~wrally bacorm d~re. ~ 2. To p+y ~II N+d sirg~lar tM tsz~s, ass~swnants. Iwies. G~bilities. oblipations and ~ncwnlxanc~s of wery n+tw~ ~nd kind now o~ s+id dexrib~d ~ w~nY, a thst hereah~r may be impw~d, wHand. P~+ced. I~vied, a ~s~esad therwn, w tF~at hereah~r may Iwied a~sseased upo~ tf+is Mortp- ~ ag~, or t}w 4idebtsdness sccured heriby. ~ach and w~ry, when dw and pay~bb, actord'wip to law, bsfor~ tbey becom~ delinqvent, and befw~ sny G~tertst anaches or any pen+lty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORO AND THE ORIGINAL OFFICIAI OOCUMEM (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED ~ ~ OR CERTlFIED) SHAU SE PLACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYlNENT; snd in the event thst aey thereof is no1 ~ paid, sa1'sfied and discharged ss:d MORiGAGEE may at any time p~y tF~e samt w~ny p+?t thereof witho~t wsivirg w affecti~+y any option. I'~en, tqvity or ri; •~aht unde~ a by vinw of this morty~ye and the f~ll amount of each and every such paym~nt sh~ll be irtrnediately due and p+ysble and shall bear int~rest ~ ~.«n the date thereof until psid st rate of n~ne per untum per +nnum and roystlyr Xv~t F ~ ~ inter~ j+~red by the lien of th:s mor9tay~- BOOK 1vi 1 ~ _ _ _ ~ ~ _ . ~ _ _ . - . ~ w