The URL can be used to link to this page

Home My WebLink About1236 ~e' 219~~5 THIS INDENTURE. Made the `~'3r~ day of Novembet A.D. 19 71 betwcen Frank E. Cole and Louise L. Cole, his Mife _ of St. Lucie ~W~~y F~prid~, hereinafter desi9nated as the "MORiGAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a co~poration w9aniied a~ ex+atin9 Jnde~ ~he laws of the lJn~ted Staios of America and havinp its principal pl~ce of b~i~ness i~ ths City of Fwt Pierce, 5t. luca Coun~y, Horids, her~in~i~er deiiynat~d aa the "MORTGAGEE." WH~REAS the MORTGAGOR is ju~tly indebtcd to the MORTGAGEE in the sum of j 9• 1~~~ good and lawful money oi the Un~ted Srates advanced by the MORTGAGFE unto the MORTGAGOR, as evidtncrd by a cenam promisso+y note of e~en date herewitb, of wh;ch the foilowiry in ..ords and figures ii a~rvs copy, to-wit: ' s4,100.00 ~ 3-17,665 t Fwt Pierc~, Florida, November 23, ~q 71 ~ Fa vatue received, 1, we or either of us, prom~se to ay, wirhout defalcation, to the order of FIRST fEDERAI SAVINGS AND LrJAN ASSOCIATION Of =~2T VIERCE at Fort Pierce, florida, the sum of S 9 t 1~~~~ w~th inte~est from date at the rate of _8'~ °'o per annum, in monthly install- ~ r~~rs ~s fo1'.ows: S- 77 on the lSt- day of Ja3nu ~~y 19?? and a like sum on the cwres}wnd~ng day of eath month there- ,ner until the whole be fully pa~d. Each ~nstallment fint shall be appi~ed in psyment of the Snte~est and the~ on ihe unpaid balance of the prinr:pa! sum. If d sult is made in the ; z,ment of ar.y insta~Imem when due, and such default cont~nues 30 days, lhen at the opt~~n of the holder, and without any other notice, all the remaining ~ ~s!atimems shail be due and payable at once. Ptivilege is given to prepay this note in whole or in part at any time without penalfy. NeilF.er lwtbear~nce, ~~r accepta~ce by the hotder thereof afrtr any defautt in sny payments hereon, shall be d~emed exte~sio~. A late payment tharge of = 3'~5 sh~ll be ~ : ~ ied ~o each installmrnt remaining unpa~d T days after its due date, snd • tike sum shall be added to each such instalimeN remaining ur.paid 7 days after ~ _•ach succeed~ng payment date. Each make~, aurety and endorser hereof, jointty and severally, wa~ves demand, presentment protest and notice of protest fw nonpaymant, snd further 3~~ees to any exte~sion of r~me of payment, eithe~ before w afrer matur~ty, without nohce to any of us; and ro pay all costs of collection, includ:ng a _,sonab~e attorney s fee in the event of any defau~t hereunder, and Fxreby severally waives aII benef~t ol homestead and exempt~on u~oer tne ca~si~i~iw+~ _ d!aws o~ each State of the United States, as aga~nst this obGganon w any extension w renewa! hereof. Wrtness the hand and seal of each party. s~Frank E. Col e ~nU (SEAU s/Louise L. wle ~~u ts~u S 13 . 6 S ~ State Revenue t NO~IY, THEREFORE, the MORTGAGOR for the pu?pose of secu.ing payment of said sum of : 9+ 10~• ~ and tM performance of the ~ ccvenants and agreements hereinafter expressed, and for d~vers good and valvable considerations, by lheu presents, does grant, baryain, sell, remise, r~.ease, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or parcel of land, situate, lying, end beirg in the :ounty of St . Luc ie State of Fbrida, deurlbed ~s follows: The South 132 f~et of the following described property to witt The South 1/2 of the Northwest 1/4 of the Southeast 1/4 of the Northwest 1/4 (less the South 10 i s feet thereof) in Section 2d, Township 35 South, Range 40 East, EXCEPTING THEREFROM i r ight s of way for public roads S 1 ~ ~ ~r~ ~ R~wci~ l~~~~ri Q~ _ ~R PoI. ~ m7zt, P,~~~ 3 ~ CFc~h fjrc~~ ~ ~ ~ 1~?~ ' { f= L ~j F-2 ' ~ ~ ~Fer,t bF t.~r1~~ ~ ~ ~ ~.j~ i ~ „s- `'-'X 4rcie ~ iF~ u.+ S , . _ ~ ~ r v.- - j- _ ~ ~l.i~x ~ - r ' ~ a ~ Z ~ 365- ~ ~ K:r : ~l±z~ - ` o = r - ~ V :~i~t_i.F tEei=-~~-.:..~' ' - N t9o?it ' ~ ~ ~ ~ ~ ~ L4, F ~oge+her with all snd singular the tenemenn, he?ediraments and appurtantes thereunro belo~girg o~ in anywiu appertaininy thetefo, snd all r~nt~, iuues, s-. prO~K{~f and profits accruing and to acuue from said premises, all of which are +ncluded in the sbove +~+d for~goirg dewiption and h~bendum. r.~ - TO HAVE AND TO HO,ID the ~bove described and gr~nted prem~ses unto the said MORTCsAGEE, its succestws snd assiyns fwever. Md tM said their Vr~ MORTGAGOR fa he~rs, executors, administrators and asigns, hereby covenants with tM ssid MORTGAGEE, iti suct~swrs and sssiyM, the are ~ rhat --Y------ lawfully uized of the said premiies in fee simplf; that tF~e s+me ~re free, clear ~nd diuharged from all liens and ~ncum- i branccs in law w in equity, and that they W~~~ the1r ~;~s shall warrant and defsnd tht titl~ to tM ~+rn~ to the wid ' - 1I10RTGAGEE, its succeuors and assigns, forever ag+inst the lawful claims and dem~nds of all perwns; PROVIDEU, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom~uwY ~ote hereinbefwe described ~nd ahall fruly, promptly f end fully perform, d~xh~rge, e:ecute, compl~te, comply with end ab~de by each and every the ~tipulations, syreernentt, ca?ditiont and cwenanri of said ~ _ Qromissory rate +nd of this Mortyage, t}?cn this Mortgsye and the Estate hereby cre+ted shsll cease ~~d be null and void• ~ - IT IS UNDERSTOOD that the wo~d "Mortyaga" whether in the sinpular or plural anywhere in thi~ Mortg+ge, shall be sinyuls~ if on~ only and ~ shall be plural jointly snd uver~lly if more tMn one, and that the wad "thei~" +s used ~nywhere in this Mortyaye shall be taken to m~an "hi~;' "hsn," ~ or "its;' wlro~ever the conteat w implies a admits. Also, thst wherever there is a reference in the covenants and ayreemenb herein contained to ~~y of fhe parties hereto, the s~me sl~all be ca+strued to mean ai well ~s the hein, lepal rspresentativd, tuccestors ~nd assi9ns (either volunt~ry by ~ct of tM parties a involuntary by operation of thr Iaw) of the same and that the covenantt herein contained shall bind and the benefin ~nd adv~r.y~s inur~ " ~o the reapective heirs, leg~l representatives, succeuors and au~gns of the p~?ties hereto. And said Mwtgsyors, fw themxlves and their heirs. Iegal repreaentative~, iuccessws and +?sign~, hereby jointly and severally coven~M and ay~ee - ro and with the said MORTGAGEE, its successon and auigns: 1. To pay ell and singul~r tlx principal ~nd imerest and the various ~nd sundry iums of money payable by virtue of said promissory note, and this - mortgaye, e+ch ~nd every, pomptly on the d~ys re:pectively the same severatly becort~e due. 2. To pay all and sing~l~r the taxet, assessmenn, levies, liabilit~es, obligatiau and erxvmbrances of every nature +~d kind now on said dewibed property, w tMt hereafter may be imposed, iuffered, p~aced, levied, w auessed thereon, w that here+fter may b~ levied or essessed upon tF~a Mwt¢ = age, w fht indebtedness secured F~ereby, e~ch a~d ~vay, when d~e and paYable, eccwdirg to law, befwe they become delinqueM, ~nd befw~ a~y interqt ~ anathes ot any penalty is incvrred; AND INSOFAR AS ANY iHEREOF IS OF RKORQ THE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF RECOR~ AN~ THE ORIGINAL OFFICIAL DOCUMENT ISUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFFICIAItY ENDORSE~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereof ii not _ ' pa~d, sat'sfied and discharged sa:d MORTGAGEE m~y st any t~me psy the same w any part thereof without waiviny or sffccting a~y option, lien, eqvity a I - •~pht under or by virt~x of thSs mortgage and the futl amovnt of erch and every such payment shall be immediately dua and payable •nd sh~ll bear interest - ~.om the dare ~hereof until pa~d ae r~te of ntne per ce~tum per annum and rogether w~th sQhRfnt4 ~II be s~u~~he lien of th:s mwytaye. 60l K ls~ PAGE1 :vJ _ 7 ~a as , _ - _