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Home My WebLink About1203 ~'~33~2 ~ THIS INDENTURE. Mad~ 1M 3Td day of February A.D. 19 72 batw~en Laurell T. Johnson, a sin~le aclult of $t . Lucie ~p~~M Flwida, hereinafter dei~g~ated as the "MORTGAGOR," snd FIRST FEDERAt SAYINGS AND IOAN ASSpCIAT10N OF FORT PIERCE, a co?past~on w9~nised and exisun~ unde~ ~M laws of tM Unitcd Sui~~ of America and Mvinp ib principal plsc~ ot bus~~eii in tM Ciry of Fort PiHC~, St. luc~ County, ibrida, her~inaft~r de~iyo+rad as tht "MORiGAGEE." WHEREAS tM MORTGAGOR is justly indebted to tl+e MORIGAGEE in the sum of S22 t~~ , good and Iawful mo~ey of the Un~ted S~ates advanced by ~he MORiGAGEE uroo the MORiGAGOR, ss evidenced by a certa~n promissory note of even date herewith, of which the following in .+ords ~nd figure~ i~ a vus copy, to-wit: 3-17 916 z 2 2, 000 . 00 wo ' ; ~ ` Fort Pierc~. Ftorids. February 3, 19 '72 t fw valve received, I, we w either of us, prom~se to p~y, without defalcat~o~, lo tlw order o} FtRST FEDERAI SAVINGS AND IOAN ASSeXIAT10N OF ~ ZZ.n00 00 FORT PIERCE at Fwt Piarce, Florida, the sum of Z • w~th ~nte~est irom date at the rate of 7! 5% per annum, in monthly instal~- - :•,en~s as fo!lows: s 163 1 St ~y of JU ly , 19 72 •nd a like sum o~ the cwrespond~np day of each month there- ~ after until the whole be fully pa~d. Each insrallment fint shall be app~ied in payment of the interesf and then on the unpaid balance of the prindp~l sum. If d ault is made in the ~ ~:a;~nent of any in~tallment when due, and such default cominues 30 days, lhen at the opt~on of the hoider, and without any other notice, all the remaining ~ ~~~srallments shail be due and payable at once. Priv~lega is give~ to prepay this ~ote in whole or in part at ~ny t~me without penalty. Neither forebearance, ' nor accept~nce by the holder thereof after any default i~ any p~ymeNS hereon, ~hall be deemed exteasion. A late payment durQ~ of E~-. shall be ~ added to each ins?allment remain~ng unpaid 7 days afte~ its due date, and a like sum shall be added to each such installment remaining u~paid 7 days after ! . each sutceeding payment datt. ~ Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and ~otice of protest fo~ nonpayment, and further egrees to any extens~on of Hme of payrrKnt, e~ther beiore or aftcr matur~ty, without noHce to any of us; and to pay atl coats of collection, including a ~ea:onable attorney's fee in the event of any default hereunder, and hereby severa~ly waives atl benefit of homestead and exemption under the co~stitutan t a~~d laws of each State of the United States, as against this obl~gation w any eztens~on o~ renewal hcreof. ~ Witne:s the hand and seal of each party. sh aurell T Johnson a sin9le ~qtylt ~ ~ (SEAI) ~ ($EAL) 533.00 ~ st~te Reven~e ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securir,g payment of ssid sum of S 22 and th~ performance of the E ~ covenams and agreements hereina?ter eapressed, and iw diver• good ~nd valwble considerations, by these prcseots, does g?ant, barg~in, iell, remise, ; release, convey and conf~rm unto tF» MORTGAGEE, its tucceuws and auigns, all that certain lot, piece w parcel of (and, situate, lyin~, and beiry in ths ; Counq of S L. Luc i e and Stat~ of Florids, described as follows: ~ ! i Lot 1, Block 396, Port St. Lucie Section 6 as recorded in Plat Book 12, page 36A ! t of the Public Records of St. Lucie County; Florida,~ i i I 4 t ~ 1 k ~ 5 1 i- t- t_ t1 !-2 f U A ; i:oc~r: ~r~ iat> ~ t;., T:~ Y - - , ~ ~ z :4;°r: - 1 s ~ : FEB-4'72 ~ = ~ : - ~ ~ = ' ~ 3 3 0 0 = ~ ° ~n~rw~ o~ 1~xa ; v, <<: t.OF kE".E/.r~E~- - . _ •f~~~ ~~an. ~ P.~. ~ e o ~ i x _ _ RE ~ ~S ~ ~~ldlE ~ 1911. ~ ~pSUANT t0 G1~IP~~ ~l•~34. ~ ~ ROGEiI }OIiW1~, qsA C+raft Co~xt. S~- ~ GD. fla. ~ ~ ' ~ together with •II ~nd tingutar th~ tenement~, herediumenri +nd sppurtsrx~s tMreunto b~lagir~ w in ~nywis~ appertaininp tF?N~ro, and ~II rtnri, iuwt, ! ~ proceeds ~nd profin scuuirg ~nd to ~ccrue from said premiset, all of which ue included in the abov~ ~nd fweyoirg dewipYan ar?d h~b~ndum. TO HAVE AND TO HOID tM +bovs dcwibed +nd gnnted prcmises unro tM ~aid MORTGAGEE, iq s~ccessors and +uipnt for~ver. Md th~ s~id ~ r15 MORTGAGOR for heirs, executors, adm~nistrators and •uigru, hereby covenanb with ihe said MORTGAGEE, iri s~aaswa and ~uipm, he is ~ +hat lawfully u~zed of tF~e sstd premises in fee simple; tMt th~ ~arrw +re free, clear ~nd discMrg~d from all li~ns and N+cum~ brancef in law w in eqvity, ,~,d ,n,r~ he w~~~ 15 he~n sha11 wurant ~nd d~f~nd tM titl~ to tM sam~ to tM said yi 'AORTGAGEE, its sucustors and auiyns, fwever apainst the lawfu! daims snd demands of all perwra; ~ PROVIDED, AIWAYS that if the MORTGAGOR thall pay unro the MORTGAGEE the promi~suy note-Mereinbefot~ defcribed and ahall t~uly, prompNy - and fully perform, d~uMrge, ~xacute, complete, comply with and abide by each and every tFK ~tipulations, apreements, conditioru ~nd tov~nanb of taid - promissory note and of this Mwtgape, then this Mortgaye and the Estate her~by ueat~d shall tta~ and be null and void. ~ i IT IS UNDERSTOOD that the wo~d "Mort9a~or" whether in the sinpular or plun) anywhtre in thi~ Mortype, shall b~ sinpulu if on~ only ~nd ? sha~l be plu~al jointly snd sever~lly if more tMn one, and that t!?e wad "their" as used anywher~ in thi~ Mortpa~ shall b~ tak~n to mt~n "his:• ••h~n•• ~ - or "its;' wherever the conteat w implies w+dmits. Also, that wherever there is • r~f~renu in ths tovenants and ~yreements he+ein ooMSin~d to ~ny of i ~hs puties here% tM ume sMll be c«utrued to rrkan ~i well ~s the heirs, Ieqal r~preuntatives, successors and auigns (eithe~ volunt~ry by act o( th~ i - parties or involuntary by oper+tion of the I~w) of the sam~ ~nd that the cov~nants henin contained shall bind and tM bentfib ~nd adwntayes inun ~ ro the re~pective hein, 1e9~1 represent~tives, succeasors and au~gns oi the partiss hereto. ? Md said Morfqago~s, fw themselves and their heirs, le~al representatires, succeuon ~~d aui9ns, hereby jointly and severally coven+nt and ~yre~ i ` fo ~nd wi~h ~he said MORTGAGEE, in successon and sssigns: f ~ 1. To pay ~II ~nd i~rgular tM princip~l ~nd inrere~t and the vario~rs ~nd sundry wma of nwneY paYable by virlue of said promiss•xy noq. ~nd thia s mort9s~e, each +nd ev~ry, promp~ly on tFK d~ys r~sp~ctively tM iune sewrally becortw dw. ~ 3 2. To p~y ~II and •irgufsr the t~xes. ~ssessmenb, levie~, liabilities, obliyations ~nd sncumbances of ev~ry n~tur~ ~nd kind now on taid dearibed i : property, p th~t hereaftN may b~ imposed, tuffered, pl~ced, levied, a ~uessed thenor., w that her~~fter may b~ levied or ~steued vpon thia Mat¢ x eg~, w the indebtedness ~acured henby, ~~ch and svery, when dv~ ~nd p~yable, xcordinp to law, beiore tMy becom~ delirqwnt, ~nd b~fat ~ny imKest ' attathes w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ iHE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGf~ OF ~ ~i RECORO AND THE ORIGINAI OFFICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIALIY ENDORSED ~ OR CERTIFIED) SHAII dE PLACE~ IN ?HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM 1Mt any thereoF is not ~ paid, sat sfied snd discharged sa:d MORTGAGEf may at any t~me pay the same o~ any pan thereof without waivir?~ a•ffecti~y any option, lien, equity or ht under or b virtue of this mo~t e and the full smount of eath and ever si+ch ment ~hall be immediatel due and •ble and shall k»ar interest r': ~ a Y 9+9 Y WY Y WY ~ F.om the d~te thereof until paid at rate of n~ne per centum per •nnum .r~ te~p~g~ w~th fuch imuest thall be secured by the lien of th:s mw~ta~e. ~onx1 9 r~cE12~z _ _ _