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Home My WebLink About1653 .221s9s ~ ' THIS INDENTURE. N1ad~ the 9th da of ~c~aber A.D. 19 71 be~w~en --$ac~s ~nterpr sQS~ IncorporatQd. a Rlosida CoY,poration of St ~ Counfy Flwida. he?einafte~ de~gnarod a~ the "MORTGAGOR;' and FiRST FEDERAI SAVINGS AND LOAN ~ ASS(YCIATION OF fORT PIERtE, a cwpwa~~on apanif~d and sx~stiny under rhe lsws of the l:~:ted Statls of America ~nd haviny iri p~~~~~p+~ P~+~~ of ~ busintst in tM City of FoA Pitrc~. St. luc~~ Couny. Flaida. hersinafter de~pnated a~ tM "MQ6GA~O.~ WHEREAS the MORTGAGOR a justly indebted to tht MORTGAGEE in the sum of S 1~ , good and lawful money of the Un~ted S~ates adwnced by Ihe MORTGAGEE unto the MORiGAGOR, as evidenced by • tertain prom~ssory nole of even date herew~th, o( wh~ch the followiny in .~o~ds and figwss ii + trw copy, io-wit: s 16,000.00 r,~, 3-17,~33 fort Pierc~, Flwida, ~e~er 9 ~q71 fw value received, 1, we or eifher of us, p~om~se to pay, without defalcation, to ehe order of FIRST FEDERAt SAVINGS ANO LOAN ASSOCIATION OF \ ~ ! FORT PIERCE ar Forf Pierce, Fbrida, the sum of S 16~~~'~ with inrerest (rom date at the rate of !st~o per annum, in monthly install- rt.ents aa follows: j 132 on the ist day of APril 19_?? and a like ~um on the cwrespwid~ng day of each month tFxrs- ~ afrer until the whole be fully paid. Each installrtunt first shall be applird in paYment of ~he interest and thcn on the unpaid balance of the princ~pal sum. ~f d ault is made in Ihs 1 \ Fa~ment of any installment when due, and such default coniinues 30 days, then at the opt~~n of the holder, and without any other notice, all the remsining ' :nstal~ments shall be d~e and payabte at once. Privilege is given to prepay this note in whole w in par~ at any time w~thout penalty. Nrither forebearance, ~ nor accepNnte by the holder thereof after any default in any payments hereon, shall be deemed exte~sion. A late payment charge of S 6'~--- sh+~~ b~ added to each installmenl remaininp unpa~d 7 days after its due date, and a like sum shall be added to each such inatal~ment remaining unpaid 7 dayt after each sutceeding paymeot dafe. Esch maker, swety and endaur hereof, joint!y snd seve~ally, waivcs demand, presentment protest and no~ice of protest fw ~onpaymenf, and further agrees to any extenian of time of p+ym~+N. either before w after mar~nry, without nor~ce to any of us; and to pay all coats oF collection, includ~ng • ` ~eaaonable arrorn~'s fN. ~1~; Jhe event of any default hereunde?, and hereby severally waives all beneiit of homestead and eaemptio~ under the co~stitutan ~ a~d laws of~eaey St6Tt`o~the fqited ~tates, as againsf this ob~igation or any e¦Tens~on or renewal hereof. BACKUS BN?fiRPRISBS~ INCORP'OI2A?BD Witneia th~hand ai+l~ of,each party- - BY: s/ Jessie Backus Guh~Q, _ ~ ~ ~ - - Corpor~?t~ ~ga~l~PY~7Fid c~?u ,no AYTSS?: s Frederick B~ckus Guhse 1 - ~ ,r n re ary csEw~~ 24.Od ~ , , r , ~ 1 ~ ~ "t~m+~ Z~+ttteN ~n; `,~nr n~l~" ~ - 16 000.00 NOW, THEREFORE,. ~4p'AAdR7GAGOR fw the purpose of secvring psyment of said sum of s • •nd tM pe~orrrw~ce of th~ covenants and ag~eemenq hsre'u?after e~cpressed, snd for divers good snd v~lwbfe consideratio~s, by thess p~esenb, do~s 9r~nt, ba•yain, sell, rtmise. release, convey and tonfirm unto the MORTGAGEE, its successors snd suigns, all that ce.uin lot, piece or parcel of land, situafs, lying, and beinp in tM County of St. Lueie ~nd State of Fbrida, dexr~bed as follows: Lot 6 and the West ~ of Lot 7, Block 32, SUdLAND GARDBNS SLBDIVISIoN, as recorded in Plat Book 8, page 32, of the Public Recards of St. ; Lucie County, Florida.,~ # i ~ C ~ iS F f ~ ~ W S ~~i~i ~ N~UE2~UA ~ ~ ~ ~CCJ?~ENTA~`~ STAT~i? TAX ~ ~ ~ o _ JbN-6'72 = i --~~24~~= ! ` N v uFPr or c[~rx,u • = RECEh'E'p I ~ 1?B.~voiit ' S ! ~ DUE ON IM PAYM~ pF ~ PU.°SUAYT i0 BLE PERSOr1Al PROPERTY~ ~ C~pTEn 71-I3d. ACiS Q~ 2971. ~ ~'Ett POI1FtA$. ~ierk C:rct~ ;,uutt, ~ St. luc;e Co. Fla. ~ ~ t ~ ra ~ ~ ~ rogetMr w~th all s~d singular the tenemenn, hereditsmenb and appurtsnces thereunto belony~ng o? in +nywise ~pperl+~^irg therNO, ~nd sll r~nis, isswt, ~ proceeds and p?ofib sccruing +nd to scvve from said premises, alt of which are inclvdeJ in the above and fors9oiny description ~nd h~bendum. r; TO HAVE AND ` t s LD the above described .nd yr+~ted prcmises unto t?~t ssid MORTGAGEE, its sutcessors and sui~ra fwwer. Md tM saW ~ h~ORTGAGOQ* is ~~~s, ex~+tws, administraron and •ssig~s, hereby coven+nts with the said MORTGAGEE, iri succeswrs and assigro, „ ~hst ~ - lawfully seiz~if the s+id premis~s in fee sunppStMt the s~me ~r~ free, clear ~nd dischar~ed fran sll li~ns and ~ncum~ br~nces in law w in equity, and thst will and 1L hein shall wsrrant and d~fend the title to th~ ~arrN to tM s~id MORTGAGEE, its svcceuors and auiyns, forever ag~inst th~ Awfvl claims and demands of ~II persons; _ PROVIDED, ALWAYS that if the MORTGAGOR shall pay umo the MORTGAGEE the promis~wy rwte hereinbefor~ described and ahatl fruly, promptly = and fully perform, d~uMr~e, execute, compkte, comply with and abide by esch and every the stipulations, syreemenn, conditian and coven+nb of s+~d promissory note +~d of this Mo~ty+~e, then thii Nbrtysye and the Estate hereby aeated shall usse end be ~ull and void. >:I " IT IS UNDERSTOOD that the word "Mortgapo?" whether in the singular or plural snywher~ in this Mortgape, tFull b~ iinqvlar if on~ only and iha~l b~ plural jointly and sever~lly if more thar. ont. •nd that the word "tFroi~" used a~ywhere in thia Mort~aye shall be taken to rrK+n "F~is,•• •'h~n•. or "its;' wherevK the context w implies w admits. Alw, thst wherever there it s nference in the covsnants and ~yreemenb Fxrein cont~ined to any of the p+rties hereto, the tame shall be corurrued to rruan as well ~i the Mirs, leqal representatives, iuccessws and ~ssiyro (eitMr voluntary by act of 1h~ panies or involunt~ry by operation of the law) of the same ~nd that the covenamt herein contained shall bind s~d the benefits and ulwnta9es i~w~ F^~ fo the respective heirs, ky~l represent~tives, successon and au'yni of the pahies hereto. - Md said Nbrtgagors. ~o~ themselvet and their heirs, leysl represenutives, iuccesso?s and ~uigns, hereby joinHy ~nd sevaally cov~nant ~nd ayrte - ro and with the said MORTGAGEE, its successors and assigns: ¢a 1. To pay all and sinpular the princip~l and intereit ar+d the various a~d sundry wrru of money psyable by virtw of iaid promisswy nott, and this - mortyayt, exh and every, promPtly on the days respectively th~ same sewrally becwn~ dus. ' 2. To pay all and sirqulH tht taxes, assessmenn, levies, liabilii~, obliyatian and encumbrances of every narur~ and kind now on sa~d dewib~d property, w that hereaher may b~ imposed, suffered, pl+ced, levied, a assessed thereon, a tMt hereafter may b~ levied a usea~ed vpon thFs IKort¢ l~i ~ge, w tM indebtednsss secured hereby. ~~ch and every, when due ~nd pay~ble. ~ccadinp ro law, befae they becomt d~li~+quent, and b~fw~ ~ny intNttt ~ attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAtI SE PROAMTtY SATISf1ED ANp DISCHARGEO OF f RECORO AND TME ORIGINAI OFFIGIAI ~OCUMENT ISUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PA?ER Offl~lAllY ENOORSED ~ - OR CERTIFIED) SHAII dE PlACEO IN THE HANOS Of SAIp MORTGAGEE WITHIN TEN D/1Y5 NEXT AFTER PAYMENT; ~nd in the event that ~ny thereof is not ~ ~ paid, sat sfied and discharged sa'd MORiGAGEE may a? +~Y time pay the same a any part thereof without waiviny or sffeding any option, lie~, equity o~ •~aht under w by virtue of this mortgage and the fvll amount of e~ch and every suth payrtxnt shall ~e immedia?ely due ~nd payabk and thall bear int~~est ~.om the date thc~eof until paid •t rate of nine per «ntum per •nnum and topether w~eh iuch inte?est shall be secured by the lien of th:s mw9t~ye. ._f - ~V~ $ooK198 Pac~165.~