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Home My WebLink About1724 ' 10JU%Ci) THIS INDENTURE. IWd~ thf.29t.h day Of J~nuarv - ~.o. 19~II~ bEtwtM Claude H. Combs and Louise L. ombs ~ hi s vife of St~Ta~r_i a Coonty F~or~ds, hereinattar dcsgnated as the "MORTGAGOR," a~d FIRST FEDERAi 51?~'~NGS AN~ IOAN AS,SOCIA?ION Of fORT PlERCE, a corpaation organizcd and exisrin9 v~+da the laws of tl+e United S~atos of America and havirg ib principai plap of busir»sf fn tM City of Fwt Pitrcs, 51. l~ci~ County, flwida. hereinafter de~iy~ated as 1M "MORTGAGEE:' WHEREAS tM MORTGAGOR a justiy indebted to the MORTGAGEE in fhe sum oi S~QT Q~~~ good and lawful morxy of ii~e Un~ted States advanced by ths N10RTGAGEE unto 1he MORTGAGOR, a~ ev~danced by a certa~n promiasory nole of even date herewith, of which ths followinp in wordt and fi~ures is a trw topy, towih s 20,100.00 .b 16.170 Fon Pierc~. Ftorida, JAT1t18Ty 29 19~~ fw value received, 1, we w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL pSAV.~I~NGS AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum of w~th ~nterest from date at the rate oW~__Z_ o p~r annum, in monthly instalb ments as follows: S 172 a+ the ..L2sriL day of . 19-~Q_ and a like sum on the cwrespo~d~rg day of each month therr after until the whole be fully paid. Each instsllment first shall be applied in payme~t of the interest and then on the unpaid balance ef the princ~pal wm. If default is msde In the payment of any installment. wheo due, and such default continues 30 days, then at the option of the holder, and without any olher notice, all the remaining .-:!n!!Ter?n shall be due and payable at once. Privilege is given to prepay this r~+~P in whole or in part at any time without penalry. Neither forebearsnce, nor atceptant~ by 1Fro holde~ thereof after any defauh in any payn~cr.t, !e_reo~, shalt be deemed extension. A late payment charge of s_S2~sA.[_, shall be added to each ins~allment remaining unpa~d 7 days after in due date, and a like sum shatl be added to each such installment remaining unpaid 7 days aher each sucteedin9 payment date. Each maker, surety and endorse? hereof, jointly and severat~y, waives de~na~d, presentment protest and notice of protest for nonpayment, and further agraes b any extension of time of payment, eithzr before o~ after ~naturity, without not~ce to any of us; and to pay all costs of colledion, intludieg a reasonabk attwney's fee in the event of sny default hereunder, and hereby severally waives all benefit of homestead and exemption under 1Fk tonstitut'an and lawt of each Sta1e of the United States, as against this obligation or any extension or renewal hereof_ W~tness the hand and scat of each paity. Cl sxudt~ H _ ['.C1IDhS t~?U (s~?U ~g~ T~mi ce L_ .emhA (SEI?U ' (SEAL) ( 3.0. ~-5 ) State Revcnve (Samps uetelkd on original note) NOW, THEREFORE, the MORIGAGOR for 1he purpox of securing payment of saisl sum of = 20~ l~-~ and the performancs of th~ covenants and agreements hereinafter expreued, and for divers good and valuabte cauiderat;ons, by these presents, does grant, bargain, sell, remise, release, oonvey and confirm unto the M~RTGAGEE, its iuccessors and au~gns, atl that ce~tain lot, piece or parcel of land, situate, lyi~g, and being tn tFa ~~~ty o{ .St. Iueie and State of Florids, desaibed as follows: ~ i Lots 5 and 6, Block A~ MARAVILI~! TFRRACE~ as per plat ~ thereof on file in Plat Book 5~ Page 50, of the Public Records of St. Iucie Couaty, Florida~ ~ ~ ~ Q. 1 0 ~ RUGE ~~T~~~R ~ oF ~ ± S ~e~ ~01 pMll~e~ Circai~ ~rt ~ ~y~ivp~~. ~ . 1:.~ %•~•~h ~ 1..~. 1~ L_ Li 1 L.a~"'l . "~I ~ ~CiU~fF~NT~~~v_~r ` ~ ~ T~ `i0~ n{,._ ~ JR ~ F V ,~Tat ~P _i AX ~ ~ ~ ~ ~ T\ ' _ / ' ~ - .;;?:130'7c~y`' _ =~'=v i ~ ~ _ ~~~=-'~~30 I 5~ N v C0~!~TR~ttER~`,~^`~ DEP~/]~r ~y~~ i P.6.~4er~ - - " ~ _ ~ ~ togethet with all and singular the te~uments, hered~taments and appurtances thereohto belonging cY in anywise appertaininp thereto, and all renri, issws, i proceeds snd profits accruing and to acvue from ss'ed prem'ises, all of which are included in the abovs ~nd fweyoirg descripiron ~nd halxndum. ~ TO HAVE AND TO HOLD tM above descr~bed and granted prem~ses unto tfie said AhORTGAGEE, in suocessors and usiyro forever. Md th~ said ° MORTGAGOR for t~'ir he~~s, executws, administratws and assigns, hereby covenants wifh the said MORTGAGEE, iri suaeswn and ~sti~na, they are ~ that lawfully seized of the said premises in fee simple; thst the same are free, cle~r snd discharpee! from ~II liero and ~ncum- ~ ~ances in I~w or in eq~ity, and that ~@~ will and Y' heirs shall wsrrant and deiend tlw title to the ~am~ to tM said MORTGAGEE, ib wccessors snd auigns, fwever against the Iswful daims and demands of all perswu; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promiuwy rate Fxreinbefore described and shal! truly, prwnptly and fully perfwm, dischsrye, execute, complete, comply with and abide by esch and every Il+e stipulaiions, agreements, conditam and tovenar?b of said promissory rate and of this Mortgsge, then this Aho.tgage snd the Esra?e hereby created shall cease and be null a~d roid. ~ IT IS UNDERSTOOD tFat the wwd "Mortgsgor" whether in the singular or plwa) a~ywhere in this Mortgsge, shall be sinpula~ if ons only and ~ E shsfl be plur~l jantly and severally if mo?e than one, snd that the word 'Yheir" ~s used snywhero in th~s Mwt~sspe shall b~ tsken to me~n "hh," "iws;' ; a w"its," wherever the context so implies or admits. Also, that wherever there is ~ reference in the covenanb ~nd ~yreemenn herein cc:::'snsd ro any of ~ tM puties hereto, the ssme shstl be construed to mean as well at the heirs, legsl rtpresent~tivd, succeuws and suigro (either voluntary by ~ct of tht ; part'ws or involuntary by operstan of the law) of the same and tlwt the covenants hereih contsined shall bind ~nd tIK banefits ~nd ~dvantpa Itwn y to tht respeetivt heirs, Isgsl representatires, succesaors and au'gns of the paAies hereto. ~ Md pid Mwtgagws, fa themselres and their hein, kgal represenutives, succes:on ~nd auipns, hereby jointly and severally covenaM and ~prN ' ro ~nd with th~ s~id MORTGAGEE, its successors and suigra: ~ - 1. To psy all and singulu the princip~l and interest snd the varian and sundry wms of moneY paYabk by virtve of s~id promissory note. ~nd tFSs ~ morty~e, ~sdi a~d ~rery, promptly on the days respeaively the same sewrally become dve. 's ~ 2 To p+y sl! u+d singvtu the taxes, ssseasmenn. levies, liabilities, obligatioos and encumbrances of every n~twe and kind now on wid d~w~d prop~rty, o? that heresfter may be impwed, suffered. Placed. levied, w~ssessed there~o~, a that hereafter may b~ kvled w uses~ed upon M~b Mortp~ ~ aye. or tFM indebttdness ~ecwed hereby, e+ch snd every, when dve ~~d payable, sccordiny ro I~w, before they become delinq~ent, ~nd befon aM inta~st ~ atuches or a~r penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII SE PROMPTLY SATISFIED AND DISCHARGfD OF RECORD ANO THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~ OR CERTIFIfD) SFI/?ll BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any therwf k nw ~ paid, sat:sfied and discharged sa:d 1NORTGAGEE msy at any time pay the same or srry ps?t ~hereof without waiving or alfecti~g ~ny optan, I'~en, equify a~ •iqht under or by vin~e of this mortgage ~~d the fvll amount of each and wery such payment shall be immediately due snd psyable and ihall beu intK~st ~ ~~om the dat~ thereof until psid at rate of n+ne per centum per annurt~ aR toyether with such inte~es~ thall be secv~ed by the lien of th:s moryta~. ~ B001( PAGE 1 ~ ~~~~R ~ ~ - ~ - ~~y~4..~~