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Home My WebLink About1269 _ _ _ _ _ _ ~ 2 07 OG 1 y , THIS INDENTURE, Mad~ ths 26th da of • j ~ A.~. 19?~ , b~~ween ~hil F ear an anc e ear , s w e _ ~ St . Luc ie of Cwrnty Flo~ida, FKreinaffN d~tigna~ed as the "MORTGAGOR," and FIRST FEDERAi SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corpotation orQaniud ~nd •xis~inp unde~ tM laws of 1hs United Statas of Ame~ica and having its pri~xipal plate of bu~ines~ in tha City of Fo~t Pierc~. St. luci~ Cou~ty. florid~. Mr~inifte~ d~~iqnated ~s th~ "i ARiGo~ ~ WHEREAS 1M MORTGAGOR is ju~tly indebted to 1M MORTGAGEE in Ma sum of = !l~ - good and lawful money of the Un~ted Sratei advanced !+y the MORTGAGEE unto the MORTGAGOR, ~s svidNxed by a certain promissory note of even date herewith, ot wh~ch the fol~owing i~ w~d; so~ ur~ if a true copY. to-wit: s ~l~ . N, 3-16,92l~ Fo~t Pierce. Flo~ida, ~~h 26 19 ~ Fw vst~~e received, 1, wr w eithe~ of u~, prosnjse io Qay, y~~tFw~t defalcation, ~o the order of FIRSi FEOERAL S~1VI~ZN~S AND LOAN ASSOCIATION OF ~ fORT PIERCE at Fat Pierce, Fbrids, the sum of} ~~l~ W with i~terest from date at the rete of fj' ;o pe? annum, in mon~hly install- ~ 2~~~ ~ 7th J~~ , 19_ ~j and s like sum on thc corres nd~ da oi cach momh there- j ~»enn as foltows: S- - on the day of Po ^9 Y after until the whole bt fully paid. 1 Each i~stallment fint ahall be appGed in paymeN of the interest and then on the unpa~d balance o( the prin. pal sum. If default is mad= in the payment of any instaflment when due, and such default cont+nues 30 days, then at !he option of the holder, and n,~thout any othrr notrce, ail the remaining installments shail be due and payable a1 once. Privilege is qiven to prepay this note in whole or in part at any t~me without penaity. Ne~}he~ rebearance, nor acceptance by the holdm thereof after any default in eny FvyrreeMS hereon, shall be deemed eatension. A late payment charge of 5-6~---. shall be added to each install~nent remainir~ unpaid 7 days afler its d~~e date, and a like sum shall Ix added ~o each such insrallment remaining unpaid 7 days after eath succaeding paYment date. Each maker, surery and endarse~ hereof, jointly and severally, waives demand, present~neni protest and not~ce ef p~otest ior nonpayneent, and further agrees to any exfension of hme of paymero, e~ther before or a(ter maturity, without not~ce to any of us; and to {~ay all costs of collectEon, includ~ng e reasonable attw~ey's fre in the event of ~ny default hereunder, and hereby severaily waives all benelit of homrstrad a~d exemNtion under Ihe co~stitution and laws of each State of the United Statas, as against this obligatiw? w any eatension o~ renewal hereof. Witness the hand and uat of each party_ s~ Philip Pearl (SEAI) s lanch Pearl ~A~a • ' • • • (SEAI) ~ ' . ~ ~ ' ~ 1 St~te Revenw • , NOW, THEREFORE, the MORTGAGOR fw the purpoae of setv~irg p~ymenf oi is+d sum of S~4~~~~~ and the ptrformence of ths covenanb and agreements hereinafter expressed, aod fw divsrs ~ood and valwbl~ [onsider+tions, by these ptesenti, does grant, barflain, sell, remise, ~elease, convey ~nd confirm unto the MORTGAGEE, iri wtcesson and suigns, all fhst certain lot, piece a parcel of land, iituate, lying, and being in the County of $t. ~i1Cfe ~nd State of florida, dewibed as follows: Lot 5 less North 24 feQt and the North 36 feet of Lot 6, Block 11, SILYER LAI~ PARK ADDITION, as per plat thereof on file in Plat Book 10, Page of the public records of St. , Lucie County, Florida, ~ ~ ~ - ~ p ~ : ~ ~:_nrr ~ : a? tN PAY!'IENT ~)f TA7?CS ~ U::- ::L;:S !li'HNG~~IE rE :SCIi.~1 fx?tiPERiY, f R I D A .__`~~Z~ r.i V}1~.~k ~~I.ci Of 1.Yy~. ~ ui r STA~V Ap~ S~u~p TAX P,'~~=.' P'~:::J;S, CIe~C Cc.u:t CasR - ~ DOCIi ~ _ pPR--s'7i ~ 4~°"; fct Q; laiEl h. Kl'I~1Ml~, 1R ~ - ~ 2 ~ ~ SL Lucie Cas;aty Iau Coliectat ~ o _ _ s ~ V ~t~p~ Of ~E9E'+JE ) ~ P17.191~~1~ ~~~vw ~y r Cl._LC/ ~ DE?UTY CLERK : 's. ~ ~ together with ~II and singula? the tenements. hered~t~menri and appwta~ces tF?Neunto belonging a in anywise ~pperlsi~ing thereto, and all renb, issues, ~ ~ proceeds and profits scauing s~d to accrue from s+id prsmises, all of which are included in tF+e above ~nd faegoing dexription ~nd 'hebendum. ~ TO HAVE AND TQ HOtD the sbove described ~nd yr+nfed premiies unto the said MOR~GAGEE, its tuccessors snd +ssipns forevMr. Md tM s~id till@ 1I' ~ MORTGA R fa hein, e:ecuton, administr~to~s ~nd assigns, hereby covenants with the said MORTGAGEE, its succeswn and augro, ~ rhst -~e~re _~+wr„nr k~:~d of the said premises in fee simple: that the same are iree, de~r ~nd dixhar9ed from all liens ~nd encwr? ~ brsnces in law w in equ~ty, and that they w~~~ their heirs shall warrant snd defend the title to tM sams to the ssid # MORTGAGEE, its succeuors +nd assigns, faever ~gainst tM lawful claims and demsnds of al! perwns; PROVIDED, AlWAYS that if the MORiGAGOR shall p~y u~to the MORTGAGEE the p~omissory note hereinbefwe described and ~hall fruly, ptomptly ~ and fully perform, d~acF?srge, e:ecute, complete, comply with and ~bide by each ~r+d every the stiputations, agreements, conditio~s and covenanb of said promissory note ar?d o4 this Mortgage, then this Mwty~ge srd the Estste he~eby ue~ted shsll cease and be null and void. ~ IT IS UNOERSTOOD tMt th~ word "Mortyagor" whether in the singular o~ pfural a~ywhere in ~hi• Matgaye, shall be sirgula if one only ~nd ~ sh~ll be plur~l jointly and ~ever~lly if more than one, and tMt tAe wwd "their" as used ~~ywhere in this Matgsge shall be taken to mean "his:•••hen;. ~ w"its;' wherever the conte:t w implies a admits. Alw, that wherever there is s reference :n the covenann and sg~eemenh F~crein contained to any of > the parties herero, the same shall be construed to mean ~s well as tM he'as. le9al rspresentatives, sucussws and assigns (either voluntary by sct of the parties w involuntary by opention of the law) of tFse s~me snd that the covenants herein contained shsll bind a~d the benefits +nd advantayes inwt ~ ~o the respective heirs, leyal representatives, succeswn x~d au°yiu of the parties hereto. ~ Md s~id Mortga9ors, for themselves snd thcir hein, leg+l represent~tives, iuccessors and ~uiyns, hereby joinNy and ieveralty covenam •nd agree ro and with the said MORTGAGEE, its succ~ssors and auiyro: ~ 1. To pay all and sinpular the principal and interest ~nd the vsriovs ~nd tundry sums of rtwney psyable by virtvs oi said promissory not~, ~nd this - martya~e, each ~nd every, promptly on tF+t dayi respettively tF» iame sev~rally becort» due. 2. To p+y all and si~yulu tF+e taaes, assesunenb. Iwies, liabilities, obli9ations and encumbra~ces of every natwe and kind now on uid desuib~d property, or that hereafter may be impoted, s~ffered. Placed. levied, w asses~ed thereon, or th~t hereafter may b~ levied a~tseased vpo~ this Mortp- ~ ~ge, w the indeb+edness secvred hereby, exh and wery, when dus ~nd p+y~ble. ~ccordiny to law, before they become delinquent. ~nd bafore ~~y inter~s~ attaches or any penalty is iacu?red; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED ANQ UISCHARGED Of RECORD AND TME ORIGII3Al OFFI~IAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAILY FNDORSED ~ OR CERTIFIED) SHAII BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1fTER PAYMENT; and in the evem that ~ny thereof i~ not paid, sat'sfied and discharged sa"d MORTGAGEE may at any time pay the same w any part thereof witFaut waiving or ~flectin~ any option, lien, equify p •~aht under o~ by virtue of this mortgsge and the full smount of each and every such payment shall be immed~ately due and payable and shall bear inte~est - ~rom the date thereo/ until paid at nte of ~ine per centum per annum and toyether wj(h ~uc ~ er st shall be securcd by the lien of th:s mor9tape. 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