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Home My WebLink About2802 ~ ~ .18`7659 THIS INDENTURE, Mad~ rhe 29th da of 4 ' DQeeaber A.D. ~9 69 Mary Sehip, a sinqle adult ~ _ } 1 of $L~ i~Cia , Cpy~~y Flwida, hereinaf~e~ desgnated aa the "MORTGAGOR:' and FIRST FEDERAL SAVINGS ANU LOAI~ ASSp~IATtON OF FORT PIERCE, • twporation orqs~ixcd a~d existing unde~ the iawt of 11~e Untted St~ros of Ameriu and having iri princ)pai plass o~ ' bvsin~as In ~I» City of Fort Pi~rce, S1. luti~ County, Florida, Mrei~ufte~ dzsiynated as the "MORTGAGEE:' ' WHEREAS tM MORTGAGOR ia justiy indebted to the MORTGAGEE in the aum of S 15+ ~0• ~ good and lawful mon~y of ths Un~ted States adwnced by the MORiGAGEE u~to tM MORTGAGOR, as ev~denced by a cer~a~n promissory note of even da~e herewirh, of whlch the followinp in worda and figur~s y a t~w copy, towit: s 15, 000. 00 ~ . Fort Pieres. Florida, December 29 19 fw value receivtd, 1, we o~ either of us, promise to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE at Fwf Pierce, Florida, fhe svm of =~~QOQ.~ ~ w~th inte~est from daie at ihe rate of _$..Q°b per annum, in monthty install- ~~nents as (of~ows: S 126~~ o~ the ~.~day of _-A~l.~l 19~Q- and a lifce sum on tha corresponding day of each mo~th therr ~ C, after umil the whole be fully paitl. Each installment first shall be applied in payment of the interest and then on the ur.pa~d balance of the princ'pal sum. If default is made in the ` payme~t of any installment when due, and such default continues 30 days, then at the option of the 1~o:der, and witFwut any ofher notice, all the remaining ~ ~nstaUmenta shell be d~e and pryable at once. Privilege is yiven to prepay this ~ote in whole or in part at a~y t~me without penatty. Neither iwebearance, ~ nor atc tance b the holder thereof after an default in an 6~ 3~ ~P Y Y y payments hr~eon, shall be deemed extension. A late payment charge of = shsil be added 1o eath installment remaining unpa~d 7 days after its due 1late, and a I~ke s~m shall be addrd to each such installment remaining unpaid 7 dayt aftet each succeeding payment date, Each maker, surety and endorser hereof, joindy and severally, waives demand, presentmant prote:t and notice of protest for nonpaymem, and furlher ~ agr¢~s to a~y extension of time of pay~ienf, eithzr before or aiter matur~~y, without not~ce to an~ of ~s; and to pay all costs of collectio~, including e - re~sonable attorney's fee in the e~ero of any defauh hereunder, and i~ereby severally wa~ves afl benef7t of homestead and exemption under the constitWion and laws of each State of the United States, as against this obligarion w any ax~ens~on w ~enevial hereof, - Witness the hand and seal of each party. ~ /s/ Mazy G. Sehin~ a siny~g,aac~~~ ~ (SEAt) \ - (SFAU \ ~ 22 . SO ] Stste Rcvenue - i a (Sramps cancelled on wiginal note) • S NOW, THEREfORE, fhe MORTGAGOR for the pvrpose of securing payment of sa~d sum of E 15 ~ ~ „ and t}re pe~;ormance of the ~ ~ covensnb and agreements hereinatler expressed, and fa divers good and valuab!e co~siderations, by these presents, does g.ant, bargain, sell, rem:se, ' release, eenvey and ca~firm unto the IVriORTGAGEE, its successors and auigns, all that certain lot, piece or parce! of land, situate, lying, and being in ihs ~ County of $t• ~Cle and Statc of Florida, dcacribed as foltows: Lot 3, Block 73, RIVBR PARK SUBDIVISION - UNI2 N0. 9-p, as per plat thereof on file in Plat Book 14, page 31, Public Records of St. Lucie County, Florida,? } ~ i~1~t ~ z:,- E- L tU i: i Lf ~1 ~ ~ DaCUMENTAp~sT,~rr~ rAx J z = = e?~~.,TS~: _ ~ LEG30'b9 = ~ c. - ~ ,~,x Y~= N ~ ~;=1~. 2 2 5 0= COMpTROLLEfi ~ p8. ~90l38 ~~~oc,~''--------~ togethe~ with all ~nd si~gulsr the tenements, hereditaments snd ~ppurtances therevnto belonging or in anywise appertsininy the?eto, snd all renri, iuues, proceeds ~nd p.of~n acuu~ng and to scuue from said p~emiaes, all of rrhich are included in the sbove and foregoing description and habendum. TO HAVE AND TO HOLD the above deuribed and granted prem~ses unto the ssid MpRTCaAGEE, itt succesta~ and auiyns forwer. Md fM saW ~ MORTGAGOR for ~er hein, executors, administrato~a and aas;gns, Ixreby tovers~nts with the said MORTGAGEE, its s~xcessws ~nd ~uipru, i fhat She i8 IawfuU sePzed of the said y premises in fee simple; that the same ~re free, ckar and discharged from dl lieru and ~ncu~ brances in liw or in equity, and thsT $he will and be! heirs shsll warrsnf and defend the fitle to the s+rm fo 1M fsid MORTGAGEE, iri s~ccessors and suiyns, forever against the lawful claims and dcmands of all persoro; PROVIDED, ALWAYS thst if fhe MORTGAGOR shall pay unro the MORTGAGEE the promissory nore Fxreinbefore described and shsfl truly, promptly and fuNy perfwm, discF~arge, execvte, compkte, comply with and abide by each and every the stipulations, agreemen», conditian ~nd covenanb of s~id promissory note ~nd of this Mortgsge, then this Mortgage and the Estate hereby ueated shsll usse and be null and void. IT IS UN~ERSTOOD 3hat the word "Mortgagor" whether in the sirgulsr or plural anywhere in thi~ Mortgage, shalf be tirgu(u if one onlr and shall be pt~ral iointiy arx/ sever~lly if mwe than one, and that tha wwd "tbeir" as used anywhere in this Mort9age shall be take~ to mean "hia;' "hera;' or "iri," wherevej~t the tontext so implies w sdmits. Also, that wherever there is a reference in the covenants +~d sqrem?ents herei~ contained to u~y of the parties heretb, tF~e same ihall be cor?strued to mean as well ss the hzirs, Iegsl representatives, suaesson snd assiym (eithet voluntary by acf of tl» pa~ties or involuntsry by ope~ation oi the law) of the same and that the covenan!s herein contained ihatl bind and the be~efib and sdvantayes inur~ to the ~espective heira, kyal repratentatives, successors and au'gns of the parties hereto. And wid Mortgaqon, for themselvq and their heirs, legal repreuntstives, successors and auigns, fxreby jointty ard severally oovenant snd aQrN ro and with the said MORTCaAGEE, its successors and assgru: l. To psy all ~nd si~y~~ar the principal and imerest and the various and tundry sums of money payable by virtw of said promissory note, and thi~ mortyaqs, each ~nd every, promptly on the dayi respectively the ssme ievera~ly becor?~e due. 2. To pay dl and ~irpulu the tsxes, useumcnts, levies, li~bilit~es, obiigations snd encumlxances of every nature ~~d kind now on said deKrFbed property, u thd hereaftet may b~ imposed, wffered, placed, levied, or asseued thereon, p that hereaftei may be levied w useased upo~ this Mort~ age, a tlw ind~btedness ~ecurad t+K~by, e~ch and every, when dw •od pay~ble, xcordi~y to I~w, befwe they become delinqve~t, and befon ~ny iMKeat artaches w sMr penahy is incvrred; AND tN50FAR AS ANY THEREOf IS OF RECORD THE SAlYIE SHAII BE ?ROMPTIY SATi5F1ED AND DISCHARGED OF REGORO ANO THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR IN5IANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOORSED OR CERTIFIED) SHALL BE PIACE~ IN THE MANpS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMfNT; and in the event that a~y thereof is rwt paid, sat'sfied ~nd discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waivirg or affectinp ~~y qption, lien, equify p •~qht under w by virtue of this morlgage and the full amount of eath and evcry such payment shall be immediately dve and paysbk a~d ~hsll be~ inMrpt srom the date the~tof until paid at r~te oi nine per centum per annum and to~erher weth such int~ey[ s I~ucured by the lien of th:s mw9taye. BOOK ~ YACE ~~0~ ' _ ~ _ _ ~ - . _ , _