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Home My WebLink About2721 .3 1rs~rvti TNIS INOENTURE, N1~da the 1Zth day of gebrnary . A.D. 19 7Q~ betwee~ Paul D. A2bart a~td_~ilda M. e,lber~.,, bis wif@ of ~C1Q County Flo~ida, he~r~nalie~ dai~gnated as tha "ti10RTGAGOR," and iIRST FEDERA~ SAVINGS AND IOAN ~15SOCIATION OF FORT PIERCE, • twpor;tion orqanized and exist~~ig undcr fhe taws ot the Un~ted StatQS ol America and having its principai p!ace of b~sir?ai in tM City of Fwl Pierce, St. lucit County, Ftorida~ hereinafter des~g~ated as the "MOAiGAGEE." WHEREAS 1he MORTGAGOR is jvstly indebted ro the MOR1vAGFE irt tha sum of S 12+~~•O0 good and lawful money of the Un~ted States advanced by the MORTGAGEE ~nto the MORTGAGOR, as ev~de~ucd by a certa~n promisso~y note of even dafe here+~r~th, of wh~ch tne ioltowi~ i~ f~r 12 ~Q a tr~s copy, to-wir. ~_16,188 fort Pierce, florida. Febsu, *v ~2 197Q i ~ For valve received, 1, we w elrhe~ of us, qomise to pay, without defalcar~on, to the erder oi FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF S FORT PIERCE af Fwt Pierce, Fbrida, the sum of S- 12~ ~ with intereat from date a1 the rate of 8• S°-o per annum, in monthly install- 4 ~ mants as follows: ~ 105. 00 0„ ,h~ 15th day of ~rCb 197~ and a like sum on the cwcespond~ng day of each month thero- afrer uatif the whole be fully paid. v ~ c,~ch instaltmeN iirst shall be appl~ed in pay~nent of the inrerest and rh~n on rne unpa~d balance of rhe princlpal sum_ If defauft is made in the ~ payment of any installmenl when due, and wch defau!t continues 30 days, then at the opnon of the hoider, and withovt any olher notice, all the remaining ~nstallmeots shall be due and payable at o~ce. Privilege is givrn to prepay this note in whole or in part at any limc without penatty. Neither forebearante, ~ nor acc•ptance by the holder thereof after any default in any payments hereon, sha(f be deemed extension. A fate payment charge of S 5~ 25 , shall be 2 added to each instailmen! remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each such instailmeN remaining unpaid 7 days after ~ each suctteding payment date. Eaeh maker, surety and endorser hereof, joiNly and severally, wa;ves demand, present~nent protest and no+~ce of protesr (or nonpayment, snd fwtFxi J agrtes to any extension of time of peymen>, either be`ore or after maturity, w;Hhout nor;ce to any of us; and to pay al! costs of collect~on, includ~ng a ~ reasonabk attorney's fee in tha event of any drfauR hercundr., and hereby seve~ally wa~ves all benefit of homest~ad and exrmp~ion under the constitWion ~ and laws of each State of the i/nited Starrs, as aga~nst this obt~garion w any exrens;on or rznevial hcreof. ~ ~ Witness the hand and seal of each party. ~ ~ /s/ Paul D. Albert ~i~ , (Se~?U /s/ Wilda M. Albezt ~U ~ ~ 18.0~ ~ Stste Reven~e ~5~ t MOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S i2 , and the performance of the covensnri and agreeme~ts hereinaiter expreased, and for divers good and valuabte considerations, by lhese presents, dces grant, bargsin, sell, remise, ~elease, tonvey and confirm unto fhe MORTGAGEE, its succeuors and assig~s, all that certain lot, piece or parcel of land, sit~ate, lying, and being in the County of $t• ~Cie and State of Fbrida, desuibcd as follows: ~ ~ Lot l, $lock 138, FTRST REPLAT IN RIVER PARK - UNIT NO. 1, ~ as per plat thereof on file in Plat Book 13, page 3, Public ~ Records of St. Lucie County~ Florida~v/ ~v ~EC.FIt-rn t,~~+ G,~- ~.1 ~~...~~.,T t1- TAXES - D:IE C'. ^L~'~ 'C I~l~:~;;".~F~_~ ~~.S:,;.~ ~~JPE,'iT1; P~"3.a:'.i ~~..~i'S: ~;:i;- . ; Q; 1~~1. r.oc:r f;;r~r:f.~, ~~Ei~ c~~~~~ ~~,~t _ ~"Oer` ll~~l:~~l N. fU~t04YlES~ ~rl. t ~ S i i-l i~"F L l: i-t :~.ii~ St luue Count~ Tax Collector c~ ~ DOCUMENTA~":_STAM~ TA:~ ~ z = =s~~~ - ~ = FE813'?tl ' = c.~ = +~r ! 8 0 ~ = ~ tJ~ CGMPTROILEii v' ~K P.B,19~t38 together with atl and singular the tenements, fxrediraments and appurtances fhereunto belongirtg or in anywise appertaini~g therero, and ~II rents, issws, € proceeds and p~ofits uvuing and to accrue from said premises, afl of which are included in the above and foregany desciiption and habendum. ~ TO HAVE AND TO HOt~ the above dewibed and granted premises unto the said MORTGAGEE, its suaessors and sssignt fo?ever. Md tl+~ aaid ~ MORT6AGOR ior their ~;n executors, administrators and assigns, ficreby covenants with the said MORTGAGEE, ib wccesson a~d assiyro, +hat they aZ@ ~swfully seized of the said premises in fee simple; that tf?e same are free, clear srd dischar9ed from all l+er+s and encw~r brances in law or in equity, and that thev N,;(1 and theiz heirs shalt warrant and ~fend the titk to the suns fo ihe ssid MORiGAGEE, its sucteuors and suigns, fwever against tF~e lawful daims and d~mands of all persona; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisso~y note hereinbefore described and shall truly, promptly ~ and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agrcemcnb, conditiorw a~d tovenaob of said ~ promissory note and of this Nlortgage, then fhis Mortgage and the Estate hereby veated ahsll cease and be null and void. IT 1S UNDERSTOOD that the wwd "Mortgsgor" whether in the singular w plural anywhere in this Mortgage, iF?all be :ingular if one only and ~ shslf be plwal jointly snd severally if more than one, and that the wwd "their" as used anywi?ere in this NSwtgage shall be fsken to mean "his," "hers," or "in;' wherever the context w implies a admifs. Alw, that »F~erever there is a refe~ence in the covenants and ~greemenfs herein contsined to any of the psnies he~eto, the same shall be construed to mean as well as the heirs, Iegal ~epresenhtives, successon and assgns (either voluntary by +icf of fht parties or involuntary by operation of the law) of tix same and that the covenanrs herein contairted shaN bind a+nd ihe benefiri ind advsMSyq inw~ ro the r~apective heirs, leyal represenfstives, wccessors and ass'gns of the psrties hereto. ~ Md said JNortgagors, for themxlves and their heirs, legal repreun~atives, wcceuors a~d assigns, hereby jantly and uvar~lly covenant and apree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay ~II arxl singutar the pri~cipal and i~terest and the variovs and svnd~y sum: of money psyable by virtus of aaid promiuory note, and tha moripape, each ~nd every, pamptly on the dayi respectively the same uvently become due. 4. To p~y all snd singvlsr the taxes, asxuments, tevies, liabilities, obtigations a~d encumb~snces of every nature and kind now on said describ~d propaty, w that hereafte~ msy be impoted, suffe~ed, pfaced;-I~aued, or sssessed thereon, a tFwt heresfter mey be levied or ~ssessed upon tlda Mwt¢ age, a!M Indebledness sec~rad hersby, exh and ever~r, when due and payable, accordi~g to Iaw, before they become delir+qucnt, and befw~ any int~test attaches p any penalty is incurred; AND INSOFAR AS "ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPiIY SATISFIEO AND OISCHARGEO Of RECORO AfYD THE ORtGIfYAI OfffCtAL OOCUMENi (SUCH A5. FOR IMSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOORSED OR CERTIf1ED) SHAtI BE PLACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENI; snd in 1F?e event that any ttxreof is no1 paid, ut:sfied snd discharged sa:d MORTGAGEE may at any tirne p+y the same or any part the?eof without waivi~g or affectirg uryr option, lien, tquify p ~~Ql~t under or by v;nue af ll~is mortgage and the fvll smount of each and every such payment shall be immedistely due and p~yabk and thall bear interest ~.om the date the~eof until paid at rate of nine pcr centum per annum and together w;th s~ch interest ahall be secured by the lien of th:t morglpe. ooK ~8~ PACF~ ' ~ t - ~`w~ , r-~.~' , _ - ~