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Home My WebLink About1140 ~ ~ 2oss7~ OORR~C?I V6 1?aRI~GAGB THIS INOENTURE, AAade the 19th day of A.D. 19 71, b~.t~een Toa~~r Martin and Doris Jean Martin, his wife, ~ , ~ of St • LuCi~ ~ounfy florida, hKeinaffar desg~+?ed +s ~he "MORTGAGOR," and FIRST fEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE, • corpaation wpani:ed and •xlitinp undN the laws of !hs Unired S~atoi oi America and hav~:+g ita prirxipal place of busineu in tM City of fo~t Pi~rce. St, luci~ County, Fbrida,. hercinafte~ desqnated +s rM "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted to 11?s MORTGAGEE in the sum of = 14 ~O~L~ good and tawiul monay o1 the Un~ted States adranced by the MORTGAGEE unto the MORTGAGOR, as evidenced by ~ ce~tain pro~niasory note of eren dare t,erew~th, oi wh:ch tlie loilow~~g in words and figurea is a t~w copy, lo-wit: s 14,000.00 ~ 3-16,905 Fort Pierce, Flwida, ~"~rch 19, ~q 71 Fa value received, 1, we or eithe~ of ~s, promise fo pay, without defalcation, to the order of FIRST iEOFRAt SAVINGS AND LOAN ASSOCIATION OF FORT PlERCE a1 Fort Pierce, Fbrida, the sum of j 14 ~ - w~th inte~est from date at ~he rate o( 8! 25'o pe~ ann~m, in mon~hly insta~l- ,~ents as fol!ows: T 120~~_ on the lsth day of `~uly 1q-/1 _ and a like sum an the correspond~ng day of each momh there- alter uNil the who~e be futly paid. Each (nstaliment (ir~t shall be appliad io paymeot of the interest and then o~ the unpa~d balance of the prlncpal sum. If defaulr is made in the ~ ayment of any +nstallment when due, and such default continues 30 days, then at the option of ~he holder, and wrthout any other not~ce, all the remaining :nstaltments sha(I be due and payable at once. Privilege is given to propay this note in whole or in part at any t~me without penalty. Nc~fne~ forebearance, nor acceptance by 1Fx holde? thereof after any defau~t in any paymems hereon, shall be deemed extension. A late paymrnt charge of 5--6~~--, shall be added 1o each instal(ment remaining unpa~d 7 days afier its due dete, rnd • like sum shall be addrd ro each such invaiimrnt remaining unpaid 7 days after each succeeding payment date. Each maker, su~ety and endorser hereof, janHy and severally, waives demand, presentmenr protest and r.o~ice of protest for ~o~pa~rnenf, and further agrees to a~y extens~on of time of payment, either before a after maturity, without ~ohce to any of us; and to pay afl costs oi cotieuion, indud:ng a reasonabk attorney's fee in the event oF any default hercunder, and hereby severally waives ail benefit of homestcad and exempt;on under the constitution and laws of each State of the United States, as against this obligation ot any eatension or renewat hereof. W~tncss the hand and seal of each party. S/ Toasy Martin ~~A~~ ~ + ~ ~ ' 'S/ Doris Jean Martin ~ 7 ~ ~ 1 (SEAL) (SEAU Stam at tached on origi~ial Mtg. r~ csEnu c p~21.00 ~ ) State Rewnue 19~aR'IprbfRl~Il~ M Of1~1~~lR~ . NOW, THEREFORE, the MORTGAGOR for the purpose of secvrinQ p~yment of s~id tum of i la and the performa.xe of the covenants and agreements hereinafter expresscd, and for diven good ~nd v~luable considerationa, by these presents, does grent, barga~n, seft, rem~se, release, convey and confirm unto the MORTGl~GEE, iri successors end auigns, atl that certain iot, piece or parcel of land, situate, lying, and 6eing in the County of St • L~Ci@ and Sqte of flwida, described ~i follows: Lots 16 and 17, Block 28, PARADISB PAttK, ~ Subdivision according to a plat thereof recorded in Plat Book 8, Page 17, of the Public Records of St. Lucie Cou~nty, Florida, r ~ ' 2his aortgage replaces a aortgage of like a~ount, ' Q sase date,to Rirst Rederal Savings and Laan Asso- W~ ~ ~ ; ciation of Fozt Pierce, Rlorida, rQCOrded in O. !2. ~ ~ Book 191, Page 271, on which the intanqible pez- ~ sonal pzopezty tax has already been paid; and is ° ; executed and delivered for the specific purpose of ' coapleting the legal description of the real prop- ~~R ~ erty sortgaged to secure the described indebted- Y~~ ; neas; and the aortgagors by the execution hereof ~ w~ ` and the aortgagee by the acceptance hereot agree o.a ~ f that it was the intent of said prior recorded ' ~y ~h F- f U ; aortgage to encu~ber th¢ zeal property herein ~ ~ i Q ~ ( - a: V F descr ibed and none other . ~ W~~~ J ~ Oc~~ ~ r0 N m 7 ~ 0 ~ rogether with all and sir?~ular the tenemenri, heredibrrKnt~ ard app~runces thereunto belonging or in ~nywise ~ppertainirg therero, and ~II renn, iuues. proceeds ~nd profin xcruiny and to xc?ue from said premises. ~I{ of which are incluckd in the abov~ and faegoing desciiption and haber?dum. y prem~sts unto the said MORTGAGEE, its successors and assgns forever. Md th~ ~aid ~ TO HAVE ANO TO HOID the above dex~ibed and r~nted ' th iz ~ MORTGAGOR for g------ hein, executors, ~dmioistrators and •sii9~s, hereby covena~ts w~th the said MORiGAGEE, its successws ~nd ~uipro, ` thst th~-a=@- ~swfully seized of ths safd prem~ses in fe~ simpl~; that tF» s~me are free, ckar and diuhar~ed from all liero u+d ~ncvm- ~ = brances in law w in equity, and that they W~~~ t~1@~1 heirs tMll wurant and defend the title to tF~e ~m~ to tM said y MORTGAGEE, itf successors and assqns, (wever ayainst tht lawful cl~ims ~nd dem~nds of all persons; ` PROVIDED, AlWAYS that if tF» MORTGAGOR ihalt pay unto the MORTGAGEE tM p?omissory note her~inbefore deuribed and aMll t?uly, ptomptly , _ and fully perform, d~uharge, execute, compl~te, comply with ~nd ~bide by euh ard every the ~tipulations, syreerrecnn, cond~tions and covenants of Nid - promiiWry rare and oi this Mw~ysge, then ~his Mo.t9ap~ •nd the Es~ate he?sby created slull cease and be nvil •nd void. IT IS UNDERSTOOD that tF+e wad "Mortya9a" whether in tM s~nqular w plwsl anywhere in this Mortga~e, thall be singular if ont only ~nd g shsl{ be ptural joimly and s~verally if mors than on~, u~d that tht wwd "thei~" ~s used ~nywhere in th~s Mortpage shall ba taken to rrKan "his;' "Mn," or "its," wherever the conte:t w implies or ~dmits. Also, tMt wherev~? there is a reftrence in tM cover+ants and ayreement~ herein contained to ~ny of ~ ~he pu~ies heroto, thc iame shall be constrwd to me+n ~s well as tM hein, kyal r~preientatives, ~uccesson ~nd assigns (either wluntary by act of tM ~ partief o~ involunrary by opernion of ths law) of tM s~rtN and thH the covenanq herein co~tained shsll bind and ths benelits and ~dvantyes inwt ro the retpective hein, leg~l repras~ntativs, ~ucccssors and au~pns oi the pah~~s hereto. ? And s~id Mwtg~gon, (a tMmulvn u+d their h~in, le9d ~epresent+tivp, sutcessat and aui~nt, hereby joiMly •nd uverally covenant and ~yr~e ro and with the uid MORTGAGEE, irs iuccesw?s and aaiyns: w~ 1. To pay •II and tinyulu tM principal snd imereit a~d ths wriow artd sundry sums of money pay~ble by virtue of ~aid prom~s~ory nott, and thi~ n+on9a~e, esch snd every, promp~ly on the days respectivdy th~ same s~v~rally become due. ~ ~ 2. To pay •II and sinpula~ the taxes. ~ues~nents. Iwits. liabilities, ob~igatipn ~nd encumbrance~ of every natw~ and kind now on said d~wib~d fi prop~rry, or tMt hereafrer may be imposed, wffe~~d, pt~ced, k~ied, a auessed thereon, w that hereafter m~y b~ levied w~uessed upon this Mwt9- ' ~qe, or ~I+e indtbi~d~eu ~ecuree hereby e~ch ~nd ~wry, wMn due and pay~bM, accordirg M law. befwe they become delinqwnt. ~nd b~for~ •ny int~rp~ ~ artaches a any penalty is ;ncurred; ANO INSOfAR AS ANY TMEREOF IS Of RKORD THE SAME SHAII SE PROMPTIY SATISFIEO AYD OISCHARGED CF RfCORO AND THE ORIGINAt OFFIClAt DOCUIYIENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OfFIC1AltY ENDORSED ~ OR CERTIFlEO) SMAII BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITMIN TEN OAYS N"cXT AFTER PAYMENT; and in the eveM that ~ny ther~of is nof ~ paid, i~t sfied ~nd diuharyed sa d MORTGAGEE may st any time pay 1he s~me w~r.y p~n thereof without waiving or affccting any optiu?, lien, equity o~ •~ah~ ~nder w by virtue of this mortgaye and the full amounl of each •nd every tuch p~ymeM shall be immed~~tely due and payable and shall bear int~rest ~ ~~om ~he date thereof un~il pafd at rate oI n~ne per centum per •nnum •nd to9ether wnh such inte~est sh~ll be sewred by the lien o~ th:~ morqtaye. ; i ~ E~~K ~91 i1~8 ~ _ - ~ _ . ~ _ _