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Home My WebLink About0273 2(12 ~()1- THIS INOENi4RE. Mad~ 1M d~Y oF DAaQ1Rbd ~ „ A.O. 19?~ b~rwee~? Leon T. Knowlea and Idslla F~. Knowle~t hi~ wiPe oi -.St. Lueie Covely flwidl, he~tiiv~lN detipnattd as tM 'MORTGAGOR:' ~~d fIR51 FEOERAI SAVINGS AND IOAN ASSOCtA110N OF FORT PIERGE. • corporat~on ayaniz~d ~nd eali~~nq wda th~ laws of ~M U~~~ed Su~as of Murica ~nd Mvinp in prirrcipal plat~ of bu~in~s~ in tM City of Fw~ PiKU. S~. luci~ Cow+ry, •Ftorid~, her~inah~~ dnip~ared ~s tM ' 1 E.•• WNEREAS tM MORTGAGOR is jwtly ind~bted to ~M MORTGAGFE in the sum of i•~~~~ , pood ar~d tawful mo~,ey oi ~he Un~~ed 5latei advanced by ths MORiGAGEE ~nto tM MORTCAGOR, as evidenced by a catai~ promitsory not~ of even date harewith, of wh~ch the idlowinp in : al~~~ • Op~ a Irw copy, to-wiC 3 lb ~ 705 ~ ~ ~ Fort Pi~rce, Florid~, Decamber ~1 ~q~,Q For v~lw ?eceived. 1. we w eitlwr of us, promise tR ~j/~ wilhout defafca~ion, to tha orde+ of FIRST FEDERAI ~VINGS AND IOAN ASSOCIATION OF FORT PIERCE a1 Fat Pierce, Fbrida, ~he sum of s lOL6"" ~ ~Q _ w;th ;nte~est irom date at the r~te of ~9G pet annum, in monthly inttalb ments u tollows: s ~0 an the ,~i,~~ld~y ei A~ril ~9~ a~d a lik~ sum on the correspond~~ day of eech month ths~a after until the whole be fvlly paid. - 1 t' Each installment first ihatl be spptied in paymenf of the intercst and theo on the unpaid balance of the priM+p+1 wm. If defauh h m~de in ihe ~ paym~nt of any installment when due, ar?d such defavlt continues 30 dayi, the~ ~t the option of ths holder, a~d wit'fwut any' other notice, all tlw remainin~ ~ ~n:tallments sMll be due and payable at once. Privilege is given to prep~y this nofe in wFw~e or i~ pa~1 at any fime without penatty. Ne' her forebearanc~, ~ nw +ccepbnce by the holder thereof after any default in any payments hereon, shall be deemed extcnsion. A late payment d~a?ye o! ~hal) b~ ~ added to eac6 installment remaininy u~pa~d i days afttr ih due date, and e like sum shall Ix addrd to each such installment remai~ing ~npaid 7 days after ~ each sucteeding paymeN date. ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, prexntment protest and notica of protest fw nonpayment, and funher ~7 agrees ro any extension of ?;me of payment, either before w after maturity, without not~ce to any of vs; and to pay all coses of collection, including a reasonable attwney's tee in the evcnt of any default hlreunder, and hereby severally waives all beneiit of homestead and exemption u~der the constitufion and laws of each State of 1he United States, as egainsf this obligation p any extension or aenewa~ hereof. \ ~ Witneu the hand and aeal of eath party. ~ " s/ -.L~on T. KnoWle a ~y - ~ • - - . , , , ~ Idella E. KnoWles ~u ~ ~ ' $ .2 ~ lb ~ ) St~te Ravenoe - ~U ~ ~ . - . NOW, THEREfORE, the MORTGAGOR for the rpose of securi l~ 80~ Q~ , and the performance of th~ pu ng paymee~t of said wa+ of t + ~ covansnn u~d agreertronts hereinafter expressed. and for divers qood wlwble c~sid~rations, by these presenb. doea p.ant, bar~ain, ssll, rsmise, .ekate, coevey ~nd confirm u~to the MORTGAGEE, its succeuors and sasigns, all that certain bt, piep or putel of Is~d, sitwte, lyirg, u~d beiny in 1he Covnry of •S t. Lue i e , a~d State of Florida, described ~s followt: Lot 17, A. J. BOLENS SUBDIVISION, ae per plat thereof on file in Plat Book 4, Page 38, ^ J . Y . ~ Public Records of ~t. Lucie County, Florida,~ ~ totltl ~ o ~ ~ ~ ~ ~ N ~ ~ _-_c ° v ° ~ J r~~ _ s ~ 1~ - v ~ o ~ ` G~ J V x ~ ~ ~~y .~j~ ~ ~ x O ~3 \ J y z?= And nortgagors covenant that they are the identical ~W ~ o~' individuals named as grantees in that certain F N t-- a~~, ; Warranty Deed bearing date of October 19, 1957, and ~ °t ~ ~ recor d e d Octo ber 24, 1957, in Deed Book No. 232, aci ~ ~~~Illltltl~p: i page 347, of the Public Records of St. I.uci.e County, . ~ - ~ ~ N m Florida. . Jl1NA0~ ~ 31~l11 't8 togethe~ with •II snd sirgular the ter~rKnts, hercd;taments and ~ppwt~nces thereunto belongirg a in ~nywise appertainin~ the~eb, and ~II r~nb. issws p.oceeds u~d pofib acavir~g snd to xcrue from ssid premises, all of which sre included in the sbove and fore~oirg de~viptan ~nd Mba~dum. TO HAVE ANO TO the above described snd gramed premisea unto the said MORTGAGEE, its succeswn a~d ~uiyns forw~r. Md th~ said MORTGA~ fw hein, e:ecuton, administrators snd auigns, hereby coven~nb with the said MORTGAGff, iq succetsort snd ~tsipn, rhat t""~ 8Pe Iawful se~zed of the said unpl ucharyed fram all liens and ~r ly p?emisss in fee s' e; t!?it th~ same are free, clear ~nd d' b~snces in Isw a M equity. ~nd thst theF wili snd their hein sha!! wurar~t snd def~nd t)w titl~ to the s~ to th~ ~a{d MORTCsAGEE, iri wccesson snd suiyns, fwever ayainst the lawful clsims and demands of all personss PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note he~anbefwe d~scrib~d and sh~ll truly, promptly and fully perform, discl?ar~e, execute, complete, comply with snd abide by e+ch ~nd every the stipvlatio~s, ayrasme~b, tonditiom and cownanb of said prom7ssory rwte and of this Mortyage, t}~en this Mort4aye ~ni! the Estate hereby vtated ihall ceas~ and be null and wid. IT IS UNaERST000 that the w«d "Mort9sgor' whethe~ in tM singular or plursl anywhere in this Mortya~, ~II be sirgular if' o~e only ~nd shall be plura) joimly snd severally if more tMn one, aod that the word "their" as used ~nywl~er~ in this Ntort~sy~ shall be taken ro meae~ "hit,'• "lKrs or "its;' whneve~ the context w implies w sdmits. Alw, that whe?ever fhere is • refererKe ~ rh. corenann and s9.es.neon Mr•~n oont•M.d ~o any of tik panies hereto, the ame shall b~ consuued to mes~ a~ well ss the hein, kq~l r~presenqtive~, wu~swn and assi~ro (*HMr volumsry by act of tl» panies w invo(unt~ry by ope~~tion of the bw) of the same snd that the covsnanb hsrein cont~ined sh+ll bind and tM benefib and advanta~s irwr~ to the retpettive Fnin, legd representatives, successors and ass'yru of the puti~s hereto. And uid Mortys9on, fw themselves ~r~d their lrin, kyal rspresenativn, wccesson and auipro. he~eby jointly and s~vaally oovsn~nt a~+d apr~ +o and with tM s~id MORTGAGEE, in wtuswrs ~nd •ugro: ~ 1. To pay dl and swgular the principal snd int~rest and the variovt and sundry wnu of mwwy psY~ble by virtus of ~aid promiiwry not~, and 1hls mortga~t, each and ewry, p~omptly on th~ days respectively tFM iame s~v~rally becan~ due. 2. To pay all a~d ~inpulu the taxes. auesunenq. Iwies, li~biliries, obliyations ~nd encumb?ances of every n~tur~ and ki~d naw on s~id d~safb~d f P~ope~tY, a NMt h~r~aha m+Y b~ imPosed, svffer~d. D~+tsd, iwied, w~uessd rherson or that Mreafter may b~ Iwied a akss~d vpon tf4s +p~ a tl» indeb~~dness ssew~d M.eby ~ach and ~vMr. wMn dw and payabt~, aaadirg ro law, b~fwt they bac«n~ d~linquent, ~nd t»fon My M~t~i~t stt+ches w any penatty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD iHf SAME SHALL 8E PROINPTLY SATi5FfE0 ANO DISCHARGED OF RfCORO ANO THf ORlGINAL OFilGAI DOCUMENI (SUCH AS, fOR tNSTANCE, THE TAX RE~EIPT OR .THE SATISfACTION PMER OFFICIAIIY ENDORSED OR CER7IF~ED) SHALL SE PIACED IN THE HANDS Of SAIp JVAORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the tvent tMt any tMr~of is nw paid, s~f'ified and dischar9ed s+:d MORTGAGEE may ~t any time psY the s~me o? ~ny parf thereof without waiviny a affettinp any optan, Ii~n, tQuity p ~~qht under or by vi?tue of this mortgage and the full amount of each and every tuch p~ymenf shell be inxnediate~y dve and payabk and shall bear int~test ~•om the date thtreof until paid at rate of nine per «ntum per annum u+d topether with suth i~terest ~hatl be secwed by the lien of th:s morptpe. t d00K~~~ PACE ,2~ v._~ _ . 3 ~ . _ . .