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Home My WebLink About1168 186~41 1HIS INDENTURE, Mad~ the `'~~th day of ~~avember A.D. 19 69 betw~en Jessie R. 13oath and P~larqaret F3ooth, his wife~ . Lucie of St' County Flor~da, M~einaftN desi9nsted as the "MORTGAGOR;' and fIRST FEOE~iAI SAVINGS AND LOAN ASSOCIATtON OF fORT PIERCE, • corporation wy~nized and exi~~ing unda ~h~ laws of the Un~ied Stat~i of America •nd Mvi~g its princip~i pl+ce of busineu in tM Ciry of Fwt Pi~rc~, St. lvcie County, florida, hersir?~fter dKiynat~d +s tM "MORTGAGEE." WNEREAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE in ths sum of = 5~ OUO. UO and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of eve~ date herewith, of wh~ch the followiny in words ind figurot is a trw copy, to-wit: ~5.000.00 ~ 16,057 Fwt Piert~, Fio~d., ~ovember 20, ~y69 ' Fa value received, 1, we w either of us, promise ro pay, without defslcation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF ~ 5 000 00 ~ fORT PIERCE at Fat Pierce, Fbrida, the sum of s ~ • with interest irom date at the r~te of8 •`'SOlo per annum, in monthly install- ments as foltows: Z 55.OU a, ISth day of Janu,ry ~970 and a like sum on the cw~espond~ng day of each month there- after until the whob be fuUy paid. ` Each installment first shall be applied in payment of the interest and then on the unpaid balsnce of the principal sum. If default is made in the ~ paymant oi~~ny inswllment when due, and such default continues 30 days, then at the option of the holder, and without any other nofice, all the remsining ~ ins~alleria~ri be due and payable at once. Privilege is 9iven to p?epay ihis note in whole or in part st any time without penalty. Neither faebearance, i . ~ ~ ~ K~'0~tASZe•'yy.thp.jwlde~ thersof after any default in any paymcnta hereon. shall be deemed extension. A late payment charge of i2 • 7'S . shell be fd yt~i _µG~l~tnt remaining unpaid 7 days sfter iri dw date, ~nd ~ like sum shall be added ro each such installment remaining ~npaid 7 day~ aNer ,~}~..s~~~ijpip~YR+eN darc. ~ ~ , ~,•~Ey~ tu~e~ and endwsen c~~eof, jantly and uveraily, waiva demsnd, presentment protest and notice of protest for nonpayment, and further egs~s,to ao~h~ion of time of payment, either before o~ after msturity, without notice to any of us; and to pay all co:ts of collxtion, includ~ng e reiyopable~tM~~'~ feq iA the event of any default hereunder, a~d hereby severally waives all benefit f homestead and xemption u r the constitutiw~ and 1aws~~~~ach State of Ibe United States, as against this obligation or ~ny extension o? renewal f. ~ ; '1plitrhsa'~e ~ sesl of party. • :~r"~ . SI SS1@ R. Ot (SEAL) ~ , (SEAL) ' : ~ . _ - . _ ~ _ ~ /O~ S (J~I@t BOOt~l (SEAL) j ~ ~ • cs~?u / ~~i • ) Stats Revenua (Samps uncelled on ai~inal oote) NOW, THEREFORE, the MORTGAGOR fw the purpose of securi~g p~yment of ssid tum cf : 5~ ~OV. ~U , and the performance of ths ~ covenants a~d agreements htreinafter expressed, and fa diver• good and valuable considerations, by these presents, does grant, ba?yain, sell, remise, release, convey and confirm unto the MORTCaAGEE, its iuccessors ~nd suigns, all tMt certain lot, piece a psrce~ of land, situate, lying, and being in the Camy of St. LuCi@ and State of F{orids, deuribed ~s followi: ` s . ~ ! i ~ot 18, Block 3, F~IRLy•1:: SUBDIVZSION, as ~~er ~lat thereof on file in Plat Book 6, pa~e S, ?ublic Records of St. Lucie County, Florida, ~NENT OF TA.'~ES / C 1N PA pn~PERi1, RECENfD s 1tnANG~B~E ~ S aFL ~~1• ptlf 0~ ~HAp~~R 20724. pi:nSJAI'1T TO ~,16(k CItLUti1 ~AV'~ ROG~q POIjRaS~ KtaGW~s~ 1R ; F r-- t_ U t~ as As~;?t 10~ OaNja ~llect~t ; L~ ~ `-~nCU !:=~T~;r.~~=-ST:~i~ii~- LUCI@ C.OUnh i ~ ~ c ~~c--3'6~ .~,.;~;~s- = St ~ ofPUr ~ti~ ~ - .,-1Fe~LEa~~~~-~~.~ =7 5 0_ s~ ~ C-'~ _cci:`;;~--__'_' PS.~so~3a _ - togethtr with all and singular the tenemtnri, hareditaments and appurtances therevnto belonyirg w in snywise sppertsininp thereto, and +I) renri, issues, ~ proceeds and pcofin uuuing and to scvue from ssid pre+nises, all of which are included in tM above and fwegoirg dewipYwn and MFxndum. ; TO HAVE AND TO F}OLQ the sbovt dewibed and ynnted premises unto tM s+id NIORTGAGEE, its suttessors snd assiyns fwevK. Md the s+id i MORTGA}~j R for their ,~;rs, executas, ~dministnton +nd assgro, hereby covenants with the s~id MORTGAGEE, it~ successws +nd ss~gm, ' that ----ey are I+wfully seized of the said premiies in fe~ ~imple; tMt th~ ssme ar~ fr~e, ckar and dischsrged from all liero ~nd encwn~ brances in I~w or in equity, u~d that thev will and their heirs shall wsrrant snd defend tF~s titk ro th~ s+me to tl» s+W MORTCsAGEE, in successon ~nd au~gns, fwever aQainst the l+wful claims and dem~nds of all perswn; PROVIDED, ALWAYS tMt if the MORTGAGOR shall p~y unlo tl+e MORT('sAGEE the promiuwy note hereinbefwe dewibed and sh~ll tnily, promptly and fully perfwm, d"~uMrge, exec~te, complNe, comply with and abide by each and every the stipulations, apreements, conditions and tovenantt of said promissory ~ote and of this Mort9ape, then tha Nlorty~ye and the 6pte hertby ueated shall cease ~nd bs null and void. IT IS UNDERSTOOD th~t the wad "Mortyagor" whether in tF+~ tingular w plural anywhere in this Mortgsye, ihall be sinyulat if one only and shall be plural jointly and severally if mon than o~e, and that the word "theil' u used a~ywhere in tha Mortqage ah~ll be taken to me+n "his:• •'hen•• ; or "ia;' wherever the context w implies or admi». Also, that wherever there is a reference in the cov~n+nn a~d egreements herein contained fo any of ; the parties hereto, the ssme shall b~ construed to me+n n well ~s the heiri. I~yal represent~tires, s~cceswn ~nd ~uiyns (either wlunt~ry by ~ct of tM psrties a invdunqry by operation of the law) of tM same snd that the covensnri herein contsined sh~ll bind and ths benefits and adwnts~es inw~ ro the respective heus, kyal representativa, wccesson and ass~~s of t!?e panies fKreto. Md ~aid Mwtgagors, for tF+emselves and their heirs, leyal rep~esent~tivea, sucuswn ~nd auiyns, hereby jointly ~nd s~sverally covenant and ~yne ro ~nd with the said MORTGAGEE, its succeuors and ~ssipm: 1. To pay all ~nd sinpvlar the principal and interat and tl+~ wrian and wndry wms of monty paYabk by vir,ue of said promissory not~, snd this mortyape. ~+ch and wery, promptly on tM day~ rsspectively ths iame sev~rally becorr~e dw. 2. To p+y all u+d sinyula th~ taxa, aisessmenn. Iwies, li~bilities, obli~atioru ~~d ~ncumbrarx.es of wery natun +nd kind ~ow on ~sid desvibed poperty, w that hereaha may be impoted, wffe?ed, p~+c~d. Iwied, or ~s~esied thereon, a tMt hereafter may bs kvied or usessed upon this Mortp- aye, a tfw indebtedneu secured her~by, tach and w~ry, wMn dw and payabl~, aaadiny ro bw, i»fare they become delinquent. ~nd befw~ ~mr intaest anaches a any penalty is i~r~ed; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICtAI DOCWNENt (SUCH A5, fOR INSTANCE, THE TAX RECEIPI OR THE SATISfACT10N PAPER OFFICIALLY EN~ORSED OR CERIIFIED) SHALL 8E PIACE~ IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd i~ the event that any thereof is not paid, sat'sfied snd distharged sa:d MORTGAGEE may +t +ny time pay the same ot a~y p~~t thereof without waiving or affectinp any option, tien, eqvity q .iqkt vnder or by virtue of this mortyaye a~d tbe fulf ~mount of each and erery such p+yment shall be immediately dve snd payabk ~nd sh~ll beu i~terest ~rom the date ther ntil paid at rste of nine per centum per snnum ~nd topetMr with s~ch interest ihall be secured by the lien of th:s mwytaye. s= BOOK181 ~~E1167 _ ~ _ _ _ { _ _r . _ . . . _ . . - . . w..