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Home My WebLink About0245 ~;~~u:~ THIS INDENTURE, Mad~ the lOth _ day of January , A.D. 19_~ between _ Garv F. Ellwood and Janice F. fil~vood hia w~fe ~ a{ $t. I.UC1@ ~W~ty Fbrid~. lureinafter d~sipn+trd as tM "MORTGAGOR;' and FIRST FEUERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, ~ corporat~on ap~nized and ~xiteinp unda th~ laws of tM United S~aro~ of Arrwrics ~nd Mvinp its principal ptx~ of buun~a~ i~ tM Ciry of Fort PiKU. St. l~ci~ Couny, FlorWa, her~inaher dssipnatad ~s t!» "MORTGAGEE:' • WHEREAS tM MORTGAGOR a justly indebt~d ro tM MORTGAGEE tn the svm of = 17 ~ 4~ yood and I~wful money o( the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a«rtsin prom~uory ~ote of even dete herewiti+, oi wh~ch ~he followinp in wwd~ ~nd f~yures is a trw copy, to-wit: 3-17.805 s 17 s 400 . UO t,~ FWf PINC~. Fiwida. January 10 19 72 Fw valus reccived, 1, we or either of ~s, p~omise ro pay, without defaication, to the o~der of FIRST FEOERAI SAVIN(iS AND IOAN ASSOCIATIOP! OF fORT PIERCE at Fort P+erce, Flo~~ds, the sum of : 17 with interest from date at the rate of pe+ u+num, in monlhly ini~all- ~~,rnti a~ follows: = ld~•Q~- on 1he ~t.. day of ~y 1q 72 and a like sum on the correspond~ny day of each month the~t- after until the whole be fully paid. Each ]nstallmant first shell be appl~ed in payment oi the interest a~d then on the unpa~d bala~ce of the princ~pal sum. If d ault is made in ths F~aymen~ of any installment wF.en due, artd such defavlt continues 30 days, then at the op~ion of the ho~der, and wiihout any other notice, all the rem~in~ng ~~srallments shall be du~ and payabte at once. P:~vilegs is given to prepay this nole in whole or i~ part at any time wi~hout penalty. Neither foreixaru+ce, nw acceptance by rhe ho~de~ thereof afte~ any default i~ any paymenrs hereon, shall be deemed extension. A late payment charge of S 7• ls sMll be added to eazh installme~t remain:nQ unpaid 7 days after ib dw date, and a like sum shall be addrd to each such iQatallmont remaining unpaid 7 days ~fter each sucteeding payment date. Exh maker, surety and endo~ser hereof, jantly and severally, waives demand, presentment protest and notice oF protest for ~onpayment, and fvAher agrees to ~ny extenian of time of payment, eiiher before w a(ter maturity, without not~ce to sny of us; and to pay all cos?s of cotlectlun, includ~n~ s ~rasonable atrorney's fee in the event of any defauit hercunder, artd hereby severally waives all benefit of homestead and exemption undef the tonstitutan a;~d laws of each State of the United States, as agsinst this obligation w ~ny extension or rener~al hereof. Witness the hand and sesl of e+ch parry. s/ Gary F•Ellwood ~~U cs~?t) s Janice F. Bllwood ~i~ (sFwt) ~ 26.10 i stat~ Revenue 't~+aMps~ ra~atta~ ~ arqpnal~~sT' NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payme~t of said tum of S 17 + 4~ • 00 . and the performarxe of tM covenanri and agreements hereinaiter expressed, ~nd fa divers ~ood and valuabl~ considNations, by these presents, does grant, baryain, ull, remise, release, convey and confirm unto the MORTGAGEE, its successors and ~uigns, ell that certain bt, piece w pucel of land, situate, lyinp, and beiny in ths County of S~. LuCl@ , and Sate of Florid~, dewibed follaws: Lot 27,and Lot 28 less the West 33'~ feet thereof, Block 2, ~ WAQVER SiBDIVISION, as per plat thereof on file in Plat ~ Book 9y~ pags 74, Public Records of St. Lucie County, Florida,? i i E l F ; ?J~ / b'' ` i~Cf1YED j?a~~ W PAY!!fl'11 Of ~AXES ~ w S T A t~°= r~ U ~:1 U A ouE o~ w~s ~~tr~aet~ ~tsow~t P~n, ~ ~ Z t70CUME!~lTA~"' , S i t+~IP i!~ X w~T ~p qlAPiER 71-13~ ACiS Of 1l71. - i,,......~----- a 'J = JAN257t = ROGEII t01TitAS~ t~uY CNa~it Ca~~t. 3t lucie Co. Fla. s ~3 ~ _ I 3' ~ ~ ~ O = v~ v u[it_oc Etrtea[ : •,I ~ ~~.~9oi~z _ s ~ i ~ n fogether with sll and singular the tenements. hereditamenri and ~ppvrtsnces the~eunto belorgin~ w in ~nywise appertaininp tMrsb, and all rsnb, issues, ~ p~oceeds snd profits scauir~ and to accrue from said premises, all of which are included in the sbove ~nd fwparg description ~nd habendum. ~ TO HAVE AND TO FlOlD ths abow desaibed and yrsnted premises unto the s+id MORTGAGEE, ib sucus~ws u+d auip~n for~wr. Md th~ iaid ' their y MORTGAGOR for heirs, executon, ~dminittrators ~rsd •tsi9ns, htreby toveeunri with th~ said MORtGAGEE, iri suatswrs ~nd ~s~ipnt, !hat thex dIe ~~Wfully seized of tl+e uid premises in fee simpla; th~t tht s~me ar~ fr~e, clsar and discharyed lran ~II liem ~nd ~~xm 3 brarxes in law w in eqvity, and that they W~~~ th@3. : ~~n sMp Mnrrant uwi defend tM titl~ to tM s~mt to ths sald ~ 1AORTGAGEE, its svccessors ~nd auigns, foreva ayainst the lawful claims and dtmands of all perwro; ~ ~ PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto tM NK3RTGAGEE tfw promiuory note har~inbefw~ describ~d and sMll tn?ly, ptomptly _ and fully perform, disciwrye, e~cecute, compkte, connply with snd sbide by each and every the stipulai~w?s, ~yreem~nts, conditaro and covenann of said ° promissory nots ~~d of this Mortya~e, then this JNort9aye and tF+e Estate hereby ueated ~hal1 ce~se and be null and void. ~ IT IS UNDERSTOOD that the word "Mort~spor' whether in the s~nyular w ptwal s~ywhere in this Morty~ye, shall be sinpular if on~ only and " shall be plurd jointty ~nd severally if mw~ tMn one, and tF~at tM wwd "~heer" as used anywh~re in th~s Mortyap~ sh~ll be t~ken to m~an "h3s,•• •'hen;• or °in;' wherever the context w implies w ~dmits. Al~o, th~t wherever thcre a• ref~rence in the coven~nn ~nd ~y~e~menn herein cont~ined to any of ~ ihe panies heroto, the sam~ shall be consuued ~o rtw+n u well ss th~ htin. I~y~l rp~ssentstives, wcceuas and ~uiyns (eifh~r wluntary by ~cf of the parties or involuntary ioy op~rstiw? of the law) of the isme ~+~d that the covenanb her~in cont~incd shall bind and tFK bentfits aod ~dv~ntayp inun t ro the respective hein, isyal rtpresentatives, wccessors u~d au~gns of the p+rties hereto. } Md said Mwtga~ors, fo. themselves and their hein. Isy~) rep~esentstives, successon and ~uiyns, hereby jointly and sevaally covenant and apree ~ -'r ro and with the said MORTGAGEE, ib wcceswn and ~uigro: ` E 1. To pay sll and sinputar tFK printipal and interest and tl~e various and wndry sums of rnoney payable by virtue of iaid promissory not~, and ti?is ~ _ morty~ye, each and wery, promptly on tFK d~ys respectivtly tht same iev~r~lly become due. ~ 2. To p~y all ~nd ~irpvlu the t~xes, aueumenn, levies, li~bilitie~, obliyatam and encumbr~ncea of ercry nature ~nd kind now on said dauib~d property, a tMt hereafier may be imposed, wffer~d. Pl~ud, levied, a as~eiud thereon, w that heresher may be I~vied or usnsed vpon tiNS Mortp- = age, a the indebted~ess secured her~by, ~~ch a~d evKy, when dw and payable, accordirg to law, b~fwe they becortw d~linquent, ~nd b~fore ~ny im~rest artaches w~ny penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHALL SE PROAMTIY SATISf1E~ AND ~ISCHARCsEO OF = StECORO AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPi OR THE SATISFACTION VAPER OFfICIAIIY ENDORSED •j OR ~ERTIfIED) SHAII BE PLACED IN THE HANOS OF SAID MOltTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; a~d in the event that any th~teof i~ not ' - paid, sat:sfied +~d distharged sa:d MORTGAGEE may st any time p~y the same a~ny pan thercof without waivinp or affectirg any option, lien, eqvity or ~ • hr ur~der a b virtue of th~s mort e and tF~e full amount of each and ever such ment ~hsll be immediatel due and ~bk and ihall bea? ime?est ~ 'a Y 9,9 Y WY Y WY , ~rom the date fhereof until paid at r~te of nine per centom per annum and toyether w~th ~iJM~}~al~M L~~ the lien of th's moryta9e. ~y ~V{7 f/K1C _ ' ~ _ Ta'~ ~s _ ' - ..s_ . , , . , - . . . . _ _ , f~C .