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Home My WebLink About0556 - t ~ ~ - " 1881~~ SUPPLBMBNTAL MOR?GA~GB THIS INOENTURE, Mad~ t~i~ 7th day of AT111aYY A.D. 19~~ b~twt~n iGeith 1.. UnderNOOd and Mvrna L. Underrrood, his wife of $t. 1'uCiQ County Florids, F?ereinafta desgna~ed +s 1F~e "MORTGAGOR," and FiRST fEUERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE, • corporat~on ory+nized and ex~s~~ng vnder tM laws of ths United St~tos of America and haviny Iri princip~l pl~u of bu~intst in tM City of fut Piau, St. luci~ County, florida, herein~fter ~at as tM "MORTGAGE ~'he ~apay_.en~ of tha!„~e~~Wt~p,~~t ~~~~n~ WHEREAS tM MORTGAGOR is jvstly indebted to 1he MORTGAGE,~~iw~:.i. ~J~alal~dvwRed'bf~th~`f~RO~ti(l/16le1fntO~11lrN10ATOYlBOR.~'tisl~lftlentee!'bY'~s'ce~~p? et~Rs7e~Y'~+u~lr~of~R^~e~?a~e~+hlu~i.~i~krtl?~foMo~ri~M.i~?~ -~.d..e~a-~»«~.-.-*.,.~r~•?w:-of which is secured by tha! certain qQrt~age recosded in O. R. Book 180, page 1561, Public Records of St. Lucie County,~ Rlorida alue received, 1, we w eithe? of us, promix to pay, without defalcation, to fhe order of FIRST FEOfRAI SAVINGS ANO LOAN ASSOCIATIO FORT PIERCE at o Fbrida, the sum of = with interest from date at the rate of % per annum, ' y iostall- mcnts u(ollows: f ~ e day of 19_-_ and a like sum on the cwres sy of eath month there- afler unlil the whole be fully paid. Each installrnenf firit shall be applied in paymenl o 'nterest and then on the u~paid ba the princ~pal sum. If default is made in the payment of any instsllment when dus, and such defsuN continues then a1 the opti e holder, and without any other notice, all the remaining installments shalt be due and p+yabb at once. P~iviteye is given to prepay t~ •ole w in parl at any t~me without pena~ty. Neither forebearsnce, rwr ~cteptante by tF~e holder the~eof after any defauN in any paym reon, shall be drer tension. A late payment ch~rge of 5--. s~l1 be added to sach installment ~emaining unpaid 7 daya after i ate, and a like sum shall be adde such installment remaining unpaid 7 days after each tucceeding paymenf date. Each maker, surey and end reof, jointly and severally, waives demand, presentment protest and notice of protes ayment, snd further sgrees fo a~y exfension of ' paymenl, either before o? after maturity, without notice to any of us; and to pay all costs of co ' inctudi~g • ~easonable attor in the event of a~+y default hereunder, and hereby severally waives all benefit of homestead and exemption u~der the t snd la State of the United States, as against this obl~gation or any extension or renewal hereof. Witr?ess the hand and seal of each party. .~r,-. cs~?u z ~ ~c~~i~sc~ the aforesaid note NOW, THEREFORE, the 1NORTGAGOR fo~ the p~?pou of securirg payment oi~s~i~~w~+~f~i---~-~~---~~~~~ and the performance of ths tovenanb a~d a~reements hereinafter exptessed, and fa divers good and vafuable considerations, by these prcsents, does grant, bargain, sell, remix, release, tonvey and tonfirm unto the MORTGAGEE, in successors and auigns, all that certain bt, pieu w parcel of land, situate, lying, and beinp In the ~ $L . LLlC1Q ~nd State of Florida, desuibed ~s fdlows: Begin at the Southeast cornez of I.Qt 6, Block 2, CAROLWOOD TBRRACE, as recorded in P2a?t Book 14, page 49~ Public Records of St. Lucie County, Florida, run West 2;feet, thence run Northerly to the Noztheast corner of said Lot 6, thence run South along the East line of said Lot 6 to the Point of Beginning, ~a~ . g.: ~ ~z~ ,I Zw ' 4~ ~ ~ H~ j This ~ortgage is given for the puzpose of providing 3 ° ~ Mortgaqee with additional security for the repayaent ~g ~ z ~ of the above aentioned pronissory note. ~a z~ ~ ~ ~ ~ z ~ Q so~o _ Q ~ ~ Q d ~=";~Q~ ~ aCOp~ d ~y ~ ~ y m toyether with all and singular the tenements, hereditaments and appurta~+ces thereuMO belongirg w in ~nywise +pperqinirg fherero, ~nd ~II ttnts, iuues, procaeds snd profin acvoing and to accn:e from said premises, all of which are included in the sbove and foregoirg dewiption uid Mbendvm. TO HAVE AN~ TO HOID the above desaibed and granted p?emises unto the said NIORTGAGEE, its svccetsors and auiyns forever• Md fFw said N{ORTG GOR fot thelr hein, exec~ton, administrators snd assigns, Ixreby covensnn with the iaid MORTGAGEE, ifs suKessors ~nd ~uipm, t~ey are th~t lawfvlly seized of the said premises in fee simplr, thet the s+me are iree, ckar ~nd discF?arged from a!1 liens snd tr+evr~ bru?ces ln Isw or in equiry, u~d that they will and t~l= hein shall wsrrant and defend the titk to tM sam~ to the said MORTGAGEE, its sutcessas and ~uiyns, forever against the lawful tlaims and demands of ~U paiau; PROVIDED. ALWAYS thst if the MORTGAGOR shall p~y unto ths MORTGAGEE the promiswry note hereinbefore described snd shall truly, promptly and fully perform, disch+r9t, execute, complete, comply with and abide by each and every the atipulations. ~greements, conditio~n ind tovenanb of said promisswy rote and of this Mortysge, then this Nbrtgage and the Estate hercby veated shall cesse and be nvll and void. IT IS UNDERSTOOD th~t the word "Jltiortgagor" whether in the singular or plural anywhere in this Mortgsge, thall be sirgulu if on~ only and shsll be plural joimly and severally if more th~n o~e, and that the wwd "their" ss used anywhere in this Mon9age shall be Nken to mean "his,•• •'htrs•, or 'iri," wherwe~ tht oontext w implies o? sdmin. Also, thst whereva there is s reference in the covenann and ayreemenri herein cw~tained to u~y of the p+rties hersto, tM s+nw fhsll be tonstrued to me~n as well ss tF+e heirs, kgsf representativa, wccesson and usigro (either voluntary by ~et of th~ p~rties or involuntary by operation of the f~w) of the ume a~d that the covensnts herein conuined shall bind and the be~efiri a~d sdvant~pp Mwr~ to the respectiw hein, legat representstives, succesw?s snd assgns of the parties hereto. Md said Mortgsgors, fw themselves and their hein, legal repreunutives, suctessa~s and suigns, hereby joinNy and severally covenuM and apr~e to and with the s~id MORTGAGEE, its successo?t snd sssigro: 1. To psy all and sirgulu the principal and interest and the various and tundry wms of mo~ey payable by virtve of said promistwy not~, and this mortyape, eatl~ and every, panptly on the dayi respectively the same severally become dve. 2. To p+y all and sinpvla? the taxes, atsessrnenb, levies, li~bilities, obligations and encvmbrsnces of every r++twe snd kind raw on said descr~d props~ty o? thai hereafta may be impoted, wffered, p~+ced, kvied, or ~uessed tMereon, a tMt hereafter msy be levied a assessed upa~ this Mo?q- a~e, or t!w irwlsbtednsss ~ecwed F~ereby, ssd~ and wery, when due and payable, accordinp ro law, bsfore tixy becoms delinqwnt, snd bsfw~ srryr tntenst attaches p+mr penalty q incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPitY SATISf1E0 AND ~tSCHARCaED Of RKORD AMD THE ORIGINAL OFFICIAI DOCUMENI ISUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATtSfACTION PAPER OFFICIALLY ENOORSED OR CERTIFIED) SHAtI BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ~nd in the event thaf ~ny tF~eof is not paid, s~t'sfied and discharged sstd MORTGAGEE may st any time pay the same a any part thereof witlw~t w+iving or affectirg ~ny option, 1'~en, eq~iry a •ipht under or by virtue of this mo~tysge snd the full amount of each and every such payment shall be immediately dve snd p~ysbk and shall beat intaest ~rom the d~te thereof until p~id at rate of nir?e per centum per annum and toyether with iuth interesl ihali be secured by the lien of th:s mor~taQt. x ~oox 1$~ ~acE 554 ~ _ : ~ ~ ~ _,s, _