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Home My WebLink About2482 ~%~21'79 ' THIS ItJDENTURE. Made ihe ~ 3th - d~y of January _ A.p. 19 72- ~+W«„ Samuel S. Gaines and Theressa D. Jaines. hi 9 r~ife o} St• ~,l1Ci@ Counq F;orida. here~naftc~ des~nared as tAe "MORTGAGOR." and FIRST FE~FRAL SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, • corpo.at~on org~n]zed and ex~a~~ng unde~ the laws of the Un;red S~a~os of Amer~u and having its principal place of ; bus~nes~ in ~Ae Ciry of Fat Pierce, St. lucie Gounq, FI«ida, hercinafter dcs~gnstcd +s ~h~ "MORiGAGEE:' j WHEREAS the MORTGAGOR is justfy indebted to 1he MORTGAGEE in the sum of S ~ 2~ 8~' 9ood and lawful maney of the Un:ted ~ States advanced by the MORTGAGEE ~mo the MORTGAGOR, as ev+dencrd by a certa~n prom~ssory note of rYen date herewnh, of wh:ch 1Fu (oiiowing in ..ords s figures is a trw copy, to-wit: ~ s 12,~00.00 ~ 3-17L821 Fort Pierce, Florida, `T~ua~ ~ 3 19 7~ ~ Fw value received, 1, we or eiiher of us. prom~se to pay, w~thout defaic~r~on, to +he order of FIRST FEDERAL S.~AV.I~N~GS AND LOAN ASSOCIATION OF ~ ~~RT PIERCE at Fort P~erce, F:orida, the sum of S-- ~ 2~~~'-~ wrth ~nterest from date at the rate of 1• 1~°o pe~ annum, in moNhly install- y ~ r,rs as fo1'ows: S ~ 21 - on the - ~ 3t day of ~~h 19 _L__ and a like sum on the correspond:ng day of each montA there- 3~!er uni~f ~he who!e be fu~ly pa~d. Each ~nstaf~ment lirst shall be appGed in payment of rhe interest and then on the unpa;d ba~ance of fhe princ pal sum. H d au~~ is made in the ,;,me~~ of any instaflment when due, and such detaul~ conrinues 30 days, then at the op~~on of the hader, and wi~hout any ether notrce, all the ~emaining s~allments shafl be d~e and payab:e at once. Privileqe is g~ven to prepay this note in whole or in Fart at any t~me without pena~ty. NeitLher forebearance, ror acceptance by the holder thereof af+rr any default ~n any paymems hereo~, shall be deemed eatens~o~. A late paymeM tharge of s v~, shall be <~~ed to eech ~nsta~~ment ~emaming ~npa~d 7 days after its due date, and a~~i.e aum shail be addrd to each such instailment remaining unpaid 7 days sftcr : sch succeeding payment da~e. Each maker, surety and endo*ser hereof, jan~iy and severaily, we~ves de•nand, presenrment protest and notice of proteit (w nonpayment, and further ,_~rees lo arey eatens~on of f,n:e of payment, e~fner before or after metu~+ty, w~thOUf ~once to any of us; and to pay a!1 costs of collection, indud;ng e •+senabk attomey s fee ~n the rvent of an~ defaui! hereunder, and hereby se~•e~a~~y w•aives a~l benefit of homes~ead and exemption ~nder the ConstilWion d!aws of each State of the Unrted States, as aga~n:t this obl~gation a anr extens~cn or renewal hereof. Witness the hand and seat of each party. s/ Samuel S. Gaines cseAi~ (SEAt) s Theressa D. ~sines (SEAI) (SEAL) ; ~ 9 • 20 ) State Revenue - ~ NOW, ~THEREFORE, the MURTGAGOR fw the purpose of securing payment of sa~d svm of S ~ 2~ 8~' ~ and the performance of the ' covenaNS and sgreemenrs here~naftcr expressed, and tor dive~s good and valuable cona~dera~~ons, by thex prese~±s, does grant, bergain, sel1, rem~se, ; •r,ease, convey and confirm unto the MORTGAGEE, its successors and au~g~s, all that certain lot, piece or parcel of land, situate, lying, and being in the i County of $t. ~,l1Ci@ and Srate of Florida, dew~bed ss follows: s k i ; t # Lots 1 and 2, Block 2, iR~NE PLAZA SIIB~IVISIO~, according to ; the plat thereof recorded in Plat Book 9, PaBe 33, Public g ~ Records of St. Lucie County, F'lori~a i a F 3` S r # ~ 4 t ~ ~ ~ kECEJYFp s ~ Q a.~f OH r PAY.ti~~,vT OF iA7~ . ~ W STATE ~F FLORIf1a? `~ss ~r~ t,~~~ti,~s~F r:~s,~, ~ ; ~ z DGCUMEN7L1 STA~iP T~1X. " V~1RSi'A.yT IO C!:.SP1FR 77 13a, Y~( FrG=ERTY, ~cr ~ ~ _ JAli14'~2 ~ s:~ = ~fR Pp~rRR~. ,er: C.rcwt . St t I~9 C. y V z I 9 2 O~ M~ ~ F'~. - UIiT.Gf Cf~fi~'11[ . _ ~ P.S.i9o~iz - ~ ~ ~ ~ to9ether w~th all and singular the tenements, hercditaments and appu.ta~ces thereunfo betonginQ or in +nywise +ppertsi~Irg tFxrero, sed all rents, is~ue~, ~roceeds and profts accru~ng and to accrue from said premixs, aN of which s~e inclvded in the above +nd foregoing dewiption and habendum. TO HAVE AND TO NOLD the above detcribed and gr~nted premises umo the said MORTGAGEE, iti succeuwt ~nd ~uiynt forever. And t!a said ~ MORTGAGOR fw t'heiY-- he;rs, executws, sdmin~strato?s and assigns, hercby covenants with tlx taid MORTGAGEE, it~ iuccessus and aui~ru, rhar --the~T are-- lawfully seized of the said prem~ses in fee simple; that the tame are free, cle+r ~nd dixharged from ~II liens and encum- ; Vf=-'- b.ances in Isw w in equity, and that they r„~~~ their hein shsll w~rrant and defeod the tiHs to the same to th~ said s; I~IORTGAGEE, its successws and ass~gns, fwever against the lawtul claims and demands of all persons; - PROVIDED, AlWAYS that if the MORiGAGOR shall psy umo the MCRTGAGEE the promistory note hereinbefore dewibed ~nd shall truly, promptly - and fully perfo.m, d~xharge. execute, comptete, compiy with and abide by each and evcry the stipulstions, agreementt, conditions and covensnts of said = oromisswy note and of this Mwtgafle, then this Mortgage and the Estste hereby ae~ted ~MII cease and be null ~nd void. ' IT IS UNDERSTOOD that the wwd "11Aortgaga" whether in the singular or plural anywhere in this Matg+ye, sh~ll be sinyul~r if one only ~nd ihall be plurel jointly and severally if more than one, and that the word "the~r" a~ used ~nywhere in this Mortya9e thall be taken to mean "his;' "h~n;' or "itf," whe~ever the context so implies w admits. Also, that wherever there is a reference in the covenants ~nd agreemenrs herein contained to sny of ~he pa~~ies herefo, the san+e ~hall be consrrued ro mesn as well as ~he heirs, ley~l rsp.esenfafivei, tuccessors and ~s~igni (eifher volunt~ry by ~ct of the ~ parries or involunury by operatan of the law) of tF~e same and that the covenants herein contained shall bind and the benefits and advantayp inure - ro the retpeciive heirs, le9~l repreientatives, succeswrs and au'gns of the part~es F~creto. ;`~s And seid Mor~g~gori, fo. themselves snd their heirs, leyal represcntativn, fucceswn snd assigns, hereby jointly and sevsraily coven~nt and syree ro artd with the said MORTGAGEE, its successws and auigns: - 1. To pay ell and iingular the principal and imerest and the various and sundry tums of money payable by virtue of aaid promiasory note, a~d this mortg~ge, each and every, promptly o~ the d~ys respectively the same severally become due. 2. To pay all and tingulu the taxes, assessment~, tevies, liabilities, obligstions and encumbrante~ of every nature +nd kind now on said dtutib~d property, or ~hat hereafter may be impoud, suffered, plsced, levied, or assessed thereon, a tM~ hereafter m~y be levied or assessed upon ihis Mort¢ = aqe, or th~ indebtedness secured hereby, esch and evey, when due and payable, ~ccordir~ to I~w, before they become delinquent, ~nd befw~ ~~y iMVeit a~+aches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD TME SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENi (SUtH A5. FOR IN5IAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED = OR CERTIFlED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event fhal any thereof is not - pa~d, sat sfied snd discharged sa d MORTGAGEE may at any tlme psy the same w any part tFureof without waiving w affectin9 any option, lien, equiry a - •~~ht under w by virtue of this mongage and the ivll amo~nt of each and every sucF~ paymeM shall be immed~ately due a~d payable and ahall be~r intt~est s~om the da~e +he.eof un?il pa~d at rare of nme per cent~m per an~~m ~nd together w"o~ i~h shall be se ured by the lien o( rh:s moaytpe. l ~aK~~ PAG~z~~s _ _