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Home My WebLink About0323 iS~~ ~~O ` ~ ~ TH15 INDENIURE, Made the 6th day of Januarv A.D. 19_TS_ , 6~~.+een Fted H. Lollis and Alene W. Lollis, his wif~ ~ of St'. i'uCl@ " County Flor~da, here;n,f~2r des~~:+•KI as the 'Y.10R;GAGJR."'and fIRST FEDERAL SAVINGS AND LOAN ~ ASSOCIATION OF FORT PIERCE, a corporat~on o~ganized and exisnng undar tne I3•.Vf o( the Un-red Statvs of An:erica and having ils ptincipal ptace of bus~ness in the City of Fott Pier~e, St. lutie County, Fbrida, hcr~inaiter desi~nated as the "MORiGAGEE." ~ WHEREAS ihe MORTGAGOR is justly indebted to thz MORTGAGEE ~n the a~m of 5- .__28~3~0~~_ gcod and lanf~l morey of the Un.ted Statet adoanted by ihe 1~10RfGAGEE unto the MORIvAGOR, as ~•v~d~•n~_d by a certa rt F;ron~~xzory notr uf c:en d~tu t~e~e.virh, of wh.ch tRe ioilpwiny ]n words~'rL{iou:e~jy a true copy, to-wit: s 1 3(~ vt~ 16 138 r~o • ~ Januar ~ ~ Fo~t Pierce, ilorida, _ y 6 ~q 7~ ~ Fw value received, 1, we or either of us, prom~se to pay, w~thout defa!car.~:,, ta ~F:_~ ~.d~~r af FIf2ST fEUeRAI SAVING$ A?:D IOAN ASSJCIATION OF fORT PIERCE at Fwt Piz~ce, fbrida, Ihe sum of S_28~300~~ ,r.st tra„~ u,tc ~t th: rate of 8~0'~ per annu:n, ~n monthty instal!- , 237.00 lSth ;n~ms as foLows: 5---,-~-- on thr day of _.AQX11 . 19 7O an:t a Gi.~ su•,: on tl,, ;~sp~~;:i.ng d~y of e~ch n~o„rh rhe,e- ~ e4ter uNil ~he whole be iully paid. ~ Eath insralLnent first shall be appl~ad in paym.~nr of tt:~ :r,t~•r~ ;t n;•~, ~_.,,.:i 4>a'„ ot s,,~n. ~f d~+avlt is made in the ~aym~nt of any installment when due, and suth d~~i~u:t con+inu~s 3J d„s, th~•n at n:c ~r',,~: ~f !!i h y.• etf ~~r no•:~e. a~! tFic f~•:i~d1(titl9 ~ instalienents sh.il! be d~e and payab:e at once. Pnv~te~r ~s 9~._n ro~,r<~:~y th~s nc~. ~n who'e or i„ No t ae,~~ ~r,;t~,~,:~,t ~._na!~y. W:~~{~er for~bearance, ~ nor acceptance by the holder thereof aiter any d~~fa•~It ~n any paym_•:vS h.v,o~, sha l i,e d•,rrned ex~~,~s~~n. A sr~ ;~„~;nent cha:qe of 5_11'85 shatl be ~ added to eech insrailmrnt remaining unpa.d 7 days attcr ita d~a •~+rP: and a:..~ s:, ~•~;!i i,c ±,d ~o ~..,h suc!~ c~,oc „!n ~::r re:n~+~n;~:y ~np~:J 7 da~s a(trr ~ each succeeding payn~ent dare. ~ ' Eath maker, swety and endoner hereof, jo~ntly ,r,d s•~+.,-.+'~;. ...,.~•cs d... ,~.~i ,r~r.,zr , :i ~ - t~. T~ t O!.'ST for : c:i~.,~:~~,~;t, and iunher agrees fo any extens~on of hme Of poymenf, eithcr b.f~r~ o. tr~. -1 r ; t~ ~t ~ ~ r ~ ~cs.s of co'Icchnn, intlud.ng a ~ reasonabte attorney's fee in the evenr of ary dcfau ! her«,d.,, . ~r s:.~•>,;i i~ f: ,,,;,,d d rx~r.,p•:on undar tiie constitution ~ and laws of each Srate of the United States, as ogo:nst this o~'..,~et:, n or any e.t~r~s~on cr l~~n~ V.3: F•ef _?t Wirness t e an an /s Fred H. LO 15 _ (SEAU iSEAI) ti /s/ Alene W. Lollis (SEAL) ( 42.45 ) $tate Revenue (SEAI) ` NOW, THEREFpRE, thc N50RTGAGOR for rFe purpose of secur~ng payment of said svm of $28 ~ 3~• ~ and ~he performance of the covenaros and agreemenrs hereinaiter eapressrd, and for d~vers good and valuab:e cons:d_wat;or.s, by these presents, dxs grant, bargain, setl, rem~se, re lease, convey an d con lirm unto t he MORiGAGEE, its succeisors and ass~~ns, aIi that certain iot, piece or parce! of tand, situate, lying, and being in the Covnty of - St. WC1Q , and S!3te of Ror~da, desa~bed aa fol:ows= Begin at the Southeast corner of Lot-.7, Block 2, CAROLWOOD TERRACE as recorded in Plat Book 14, Page 49, St. Lucie County, Florida, run West 2 feet, thence run Northezly to the Northeast corner of said LoC~7, thence run South alorig the East line of said Lot 7, to the point of beginning; and Lot 6 less aad ex- ; cepting therefrom the following described parcel, I Begin at the Southeast corner of Lot 6, Block 2, CAROLW~OOD TERRACE as zecorded in Plat Book 14, page 49, St. Lucie County, R2orida, run West 2 feet, thence run Northerly to the Northeast corner of said Lot 6, thence run South a2ong the East line of said Lot 6 to the point of beginning,: ~ ^ ~ -~i~~, E 4, ~ y ~ . L t~ i-- 1 L r'~ - . - ;~,:~I li:.. ~ • ~ . i= ~ U ~ G:JUU~~i •^J('.`.~"~STF'-.:`•~P ~ ~:'.t . ~ ( ~::~_:t (:r,,t; ~ ~ .:AN-7'7J l: - ' - : ~ ; 'r 'ii J, ~K. 2 4 5= N ~ _ . L~_~~« cor:~rROi~Ka P.B.:~iaa _ ~ _ , j~ c~tNR together with all and singular the tenements, hereditaments and appurtances thcreunlo betonging or in anywise appertaining thereto, and all rents, issues, proceeds and Frofits accruing and to a<crue from said premises, all of which are included in the above and foregoing dex~iption and habendum_ TO HAVE AND TO j~lOtD the above described a«d granted prem~ses unto the said MORTGAGEE, its successas and assigns foreve?. And the ssid their MORiGAGOR for ~irs, executors, adm~n;sfrarors and ass~gns, hereby covenants with the said MOR?GAGEE, its successors and ~ssigro, the are rhat - lawfully seized of the said prem~ses in fee simple; that the saine are free, clear and discharged from alI liens and tncurt?~ brances in law or in equity, and thal they will and the1Z heirs shall warrant and defend the titte to the same to the said MORTGAGEE, its successors and assigns, forever agains~ the lawful daims and demands of all personr, PROVIDED, ALWAYS that if the MORTGAGOR shalf pay unro the MORTGAGEf fhe promis:ory nore hereinbefore described and shall truly, promptly and fully perform, d~scharge, execute, complete, comply with and ab~de by each and every the stipvlations, ag~eements, conditions and covena~ts of said promissory note and of this Mortgage, t}un this Mortgage and ~he Estate Fereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whe~her in tfie s~ngular w plurat anywhere in this Mortgage, shall be singutar if one only and shall be plu~al 'pinfiy and severally if more than one, and that the word "their" as used anywhere in th~s Mortgage shall be taken to mean "his," "hen;' or "its;' wF~ere~er the context so implies or admits. Also, that wherever there is a ~eference in the covenants and agreements herein contained to ~ny of the parties Fiereto, the same shall be construed to mean as well as the heirs, legal rep~esentat;ves, svccessors and assigns (either volunury by act of the parties or involuntary by operation of the law) of the same and tF~at the covenanrs herein contained shall bind and the benefits and advantages invre to the respective heirs, legal representatives, successors and assgns of the par~ies hereto. And said Mortgagors, for themselves and their hrirs, Iegal representatives, successors and assigns, hereby joi~rly and severally covenant and agree to and with the said MORTGAGEE, its sutcessors and assigns: 1. To pay all and singuisr the p~irxipal and interest and the +ar~ous and sundry sums of money payable by virtue of said promissory note, and this mwtgage, esch and every, promptfy on the days respect~vely the same se~erafly become due. 2. To pay all •nd ~ingular the taxes, assessments, levies, liabilities, obl~gations and encumbrances of every natu+e and kind noa on ss;d dex~ibed property, p that hereafter may be imposed, suifered, placed, levied, or asussed thereon, or that hereafter may be levied w assessed upo~ ihis Mwt¢ age, w 1F?e i~debtedness iecured hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interest - artaches or any ptnal~y is incurred; AND INSOFAR AS ANY iHEREOF IS OF RECORD THE SAME SHAtI BE PROMPTLY SATISFIEO AND DISCHARGED Of RECORD AND THE ORIGINAI OFFI~IAL DOCUMENT ~SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATI$FACTION PAPER OFFICIAIIY ENpORSEO OR CERTIFIEU) SHALL BE PLACEO IN THE HANUS OF SAIO MORTGAGEf WiTHtN iEN UAYS M'cXT AFTER PAYMENT; and +n the event that any thereo# is nof ' paid, sat'sfied and discharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or a(fecting any op?ion, lien, equity or ~ •~qht under or by virtue of this mortgage and the full amount of each and every s~ch payment sha11 be immed~ately due and payable and shatl bear interest F~om the dare ~hereof unril pa~d at rate ol n~ne per cenfum per an~um and rogether w~th svch ,nteresr shall be secured by the lien of th:s morgtage. . BOOK 182 pA~E 3~1 _ w_ - ~ - ~ ~ _ _ _ . .