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Home My WebLink About1984 221831 THIS INDENTURE, 1111~de the 7th d~y of January A.D. 19 ~2 betwee~ k'illiam A. Anderson and Verna L, Anderson. his wife_ ~ ~ of SL, L~Cie ~W~ty Hw~da. hereinafter designa~ed ss the "MORTGAGOR," •nd FIRST fEOERAI SAVINGS ANO IOAN ASSOCIATtON OF fORT PIERCE, a corporat~o~ ap~nized and e:~s~inq under the laws dF ,the Un~ted 5»r~s of Ameriu u+d havinp iri principal plac~ of bui~nsu in fhe City of Fwt Pi~rce, St. Lucie County. Florida, heroinafter desi~nstad ~s the "MORTGAGEE:' WMfREAS ths MORTGAGOR it jwtly indtbted to the MORTGAGEE in the sum of 21 ~7~• ~ good and I:v.ful money of thc Un:ted ~ States advanced by the MORTGAGEE umo the MORTGAGOR, as evidenced by s ceria~~ promiuory note of even date herewith, of wh~ch the foiiowiry in ords and figures is a true copy, to-wif: ~ s 21 ,700.00 ~ 3-1T~'796 r'> fott Picrn. Fio.~d.. JanuarY 7. ~q 72 ~ Fo~ value rece+ved, I, we w either of us, prom~u to pay, without defa~carion, io the order of FIRST fEDERAI SA~INGS ANO IOAN ASSOCIATION OF ~ JRT PIERCE at Fort Pierce, Florids, the sum of S`-11=-~'~' - w~rh ~nteresr from date at the rate of 7~ per +nn~m. r*+onthly iruta~6 ~-~enn as foUows: S 17~ on the 15 L d~y a{ ~•iay ~ 1q 72 and a like sum on the co+respond~ng day of each month there- ~ a•rer umi! the whole be fully pa~d. ~ Each instaliment first shali be appl~ed in payment of the interest and then on the ur.paid balance of the princ~pal wm. If d ault is made ln 1he ~ .,;ment of any installment whe~ due, and such defau~t continues 30 days, lhen at the opti~n of the hoider, and wirhout sny other no~~ce, all the remai~~ng ~nsteltments shall be due and payable at once. Privitege is given to prepay this rate in whole or in part at eny t~me without pen+lry. Nrither fwebearance, ; nor acceptence by the holde? thereof after any defauh in any payme~ts hereon, shall be deemed exters~on. A late payment charge of : 8• 9~ shall be ~ added to each installment remaining vnpa~d 7 days after its due dete, a~d a likc sum shall be added to each wch ins~alimem ~emaining unpaid 7 days after each succeeding payment date. ~ Each maker, surety and er~dorse+ hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonp~ymrnt, snd funF+er a~rees to any extension of t~me of payment, e:ther before w afte? mstur;ty, without not~ce to any of us; and to pay slf costs of collection, includ~r.q a ~+:onsble anorney's fee in the event of any default hereunder, and hereby aeverally waives aIi benefit of homestead and ezempteon under the constitutan ' ,:d laws of each Stare of the United States, as against this obliga~ion o? any ea~ension or renewal i,ereof. \ Wirness the han~! and seal of each party. ~ s/ william A Anderson ~~i~ ~ . cs~?u j% ~r~~iia'o. i~. ~Ta~rr~vli ~/~U- (~?U , ~ 32 . ~ S ~ State Revenue ~ ~4+anpc s~oadfed ~1[ adyR~t~) NOW, THEREFORE, the MORTGAGOR fw the pu.pou of ucuring payme~t of sa~d sum o; S 21 s 7V0, 0O ~nd t!+e pe?forn++nce of tl?~ :ovenants and sgreemenri hereinafter exprrued, and fw divers good and valuible considerations, by these presents, does grant, bsrpain, sell, remise, ~e~ease, convey and confirm unto the MORTGAGEE, iri successors and suigns, atl that certain bt, piece w pucel of fand, situate, lying, and beinp in the ~ County of SL. L~1Cle ~nd State of Fbrida, dexribed as fol{ows: A par t of the Nt~' a of the SH'y of the r~''4 of the St+'-4 of Sect ion ~ct~n~tr~1~~1~!~ Township 35 Souih, Range 40 East, more particularly describe~ a5 ~ follows, to-wit: r ~ ~ From the SE cornez of the Vt:~~ of the Sk''., of ~the NB;, of the Sk''4 y~; ~y of said Section y, run k'est along the South line of said ti'1+~,; of Sk~g of of 1~9.44 feet to the East right-of-way line of J~'~.. South 20th ~treet, thence zun Vorth along said East right-of- L;"f 's R way line, 84.83 feet ; thence run East 147.23 feet to the ~a.st ~ b., ~ Iine of said N:~a,~ of Sk";~ of ~iE'.~ of SWa, thence tun Sosth along ~ i said East line of said \k 4 of St~~'4 of ~Ii'4 of St,",,, 84.97 feet to ~ ~ o the Po:nt of Beginning, Q~ _ ~ A ~1f~ c~ a a ~ Ihe lvest 20 feet of the So,th 84. ~6 feet of the hF'.~ of the Std'4 ~'~~~~~"'~~=Z ~ of the hE4 of the ~n'a of Section 9, Tawnship 35 Sou:h, Range ~0 g ~ast 1.1Nf10~ ; ~ - 3i~f11 '1S € ~ REC£ri'~D ="-_'_!N PAYMEI~fT OF T ~ Q'JE ON ClJISS •C JhZANGlB~E PERSO,yAI P ~ ~ ~ ~iidili ~Q CFiAPiER Tl•I34, ROPERiY ~ ROGfR ~iS Oi 1972. ~ POIIPJIi. Ge~~ f.~rcui; Gcurt. SL Lu::t : c. iJ~. ~ ~ ~ ~ ~t ~ rogether with all and singutar the f!n!minri. herediamenri snd appunances tF?erevnto belonpi~g w in anywiae appertainirg thereto. ~nd all r~nn, issws. ~ P.oceeds and profin accruing +nd to :ccrue from taid premises. +II of wFiKh are included in the sbow and foreyuiny description ~nd habendum. ~ TO HAVE AND TO HOID the above deuribed and yrsnted premises umo the wid MORTGAGEf, iri successors +nd auiy~t fu?evp. Md tM s~id ~ ~ theiz ~ MORTGAGOR for FKin, executors, administraton snd euigns, hereby coven+nri with the said MORTGAGEE, itt wcc~awrs Md +ssipro. ~ ~ the aze ;x +hat lawfully aeized of the said premises in fee simple; tMt the same ue free, clear and dischuQed from a!1 li~m and encw~ ~ ~~ances in law or in equity, snd that they the iz he;rs shall warrant ~nd dsfend the titk to the ~an+~ to th~ said ~ ' MORTGACaEE, its succcuors and auigns, faever ~yairot the lawful ctaims and dem~nds of sll persoro; z ~ PROVIDED. AIWAYS th~t if the MORTGAGOR shsll pay unro the MORTCs/1GEE the promisiory note hereinbefwe described and shall truly, promptlY ~ and fully perform, disch+rge, eaecute, compkte, comply with snd ab~de by esch and wery the stipulations, a~reemenb, conditions ~nd covtnanri of said _ promiswry rate snd of this Mortgag~, then tha Morty+ye and the Estate hereby aeated shsll cease u~d be null and wid. ; - IT IS UNDERSTOOD th~t the wad "Mort9ayor" whether in the airqular or plwal ~nywhe~e in this Mo~type, sh~ll be ainQul~r if ont only and shall be plursl jointly a~d sevently if more than one, and that the w«d "their" ~s used ~~ywhe~e in this Mwtppe sMll be taken to mean •'his•• •'h~n•• - or "in;' wherever the ca+teat so impiies w ~dmiri. Also, that wherever there is a reference in the cove~a~K ~nd apreemenri he~ein cont+irnd to any of fhe parties hereto, the ssme shsll be construed ro mean as well s: the heirs, kyal representatives, successon and assym (sither voluntary by ac1 of tfi~ E 5=; _ parties or involuntary by operatan of the I~w) of the same ~nd that the cover»nts herei~ conu~ned shall b~rd .nd rhe be~ef~n snd .d~.nta~es inw~ ro the respective hein, t~gal representatives, succeuors and au'yns of the parties hereto. - And said Nbrtpagors. fw tF?emxlvet snd their heirs, leyd ~epresentatives, successws ~nd assigro, hereby jointly ~nd several~y coven~m ~nd ~pree _ fo and with the seid MORTGAGEE, in successors and +ssipro: . 1. To pay •11 and sin~uiar thc principal •nd intereit and tFx var:ous ~nd sundry sums of rtaney pay~bk by virtue of said promissory note, ~nd this ~ mortg~qe, each ~nd every, promptly on the d~ys respectrvely the same ur~?ally becorrn due. i 2. To p~y ali and singvlsr the taxes, assessmenh, levies. liabilif~es, obliyatiwu ~nd encumbr~nces of every n~tvre and kird now a+ said d~svibed 's;' QropMY, w tMt here~her may b~ imposed, suffe?ed. Plated, kvied, or as~essed thereon, a tMt hereafter may b~ kv~ed a~s~est~d ~pon this Morty- age, or th~ indebtedneu secured hereby, each and every, when due •nd p+r•b1e, ~ccwdirg to I~w, befae they become delinqueM, and btfwt any imer~st ar+acF~es or any penafty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO iHE SAME SHAII BE PROMPiIY SATISFIEO AND OISCMARGED OF P.ECORD AND THE ORIGIPSAI OFF~CUL DOCUMENT (SUCH A5. FOR INSTANCE, THE TAX RECEI?T OR THE SATISFACTION P/1PER OFfICULIY ENDORSED - OR CERTIFIED) SMAII BE PLACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in the event tMt any thereof is not _ , a~d. sat s4ied and dixharged sa:d MORTGAGEE m~y at any time p~y tht atme o~ •ny part tliereof without waiving or affedinp any option, lie~, equity a 3 •~~hr under or by virtue of thit mortgage and the full amo~nt of each •nd every such payment shall be imrt~edi~teSy due end payabk and shall bear interes~ _ t~om the date thereof until paid at rote of n~ne per cent~m per •nnum e~d royetht~ ~y~t~ s h"n est shall be secured by the lie~ of th:• moryt~pt. ~ v 1~~ ba~~. ~ _ . - - - .