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Home My WebLink About1332 ~ 223401 THIS INOENiURE. Mad~ the 4th day of February A.D. 19 between Rzanklin A. Narris and Valerie V. Harris, his wife, o~ St. ~ucie - c«,~ry F~a~d., F+~reinafter designa~ed +s the "MORTGAGOR," •nd FIRST FEOERAI SAVINGS AND IOAN ~ ASSOCIATION OF FORT VIERCE, • cwpwation wp~~izcd end axistin~ utidcr th~ law~ of tF?s United Sut~s of Amtric~ ~nd havir~ itl principa) pl~c~ of businet~ in tl?~ City of Fwt Pierc~, St. lucie County, Flori~, hsreinafttr deai~nated +s tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is j~itly indebtad to tM MORTGAGEE in the sum of = 23 ~ good and lawful monay of the Un~ted S~aeei advanced by the IAORiGAGEE unto the MORTGAGOR, as evidenced by • certa~n prom~sswy note of even d~te herew~th, of wh~ch the (oltowir+9 in words and ligures is • trw copy, to-wit: z 23,000.00 r,~, 3-17,925 F~ Pc.«e, Fla~da, February 4, _19 72 fw value received, 1, we w either of us, prom~se to pay, withovt defalcat~or+, to the orde. of FIRST FEDERAI SAVINSGS~ AND LOAN ASSOC~ATION OF FORT PIERCE a1 Fort Pierce, Fbr~da, the sum of = 23 ~ 0~' - w;~h interest from date at the rate of 7' 7"% per annum, in monthly install- ~~,en~s as fo~!ows: S 189•~~ on ~he 1St day of APri1 19 72 a~d a like sum on the cwrespond~ng day of each mo~th there- afrer un~i) the whote be (ully paid. Each installment first shalf be applied in payment of the interest and ~hen on the unpatd balance of the prinuaal sum. If d ault is made in the F~a,rment of any instatlment whe~ due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~r~srallments shall be due and payable at once. P~ivilege is yiven to prepay this note in whole w in p~rl at any t~me without penalty. Neither faebear~nce, nor acceptance by the holder thereof aite~ any default in any payments hereon, shall be dremed extension. A late payment charge of S 9•45 , tha~l be ~d~ed to each installment rcmaining unpa~d 7 days after its due date, and a like sum ~hall be added to each svch instaltment remaining unpaid 7 days after j each succeeding payment date. ; Each maker, surefy and endorser hereof, joi~tly and severally, waives demand, presenfinent protest and notice of protest for rronpayrrKnt, and furthtr f agrees to any extens~on of time of payment, either before w aiter maturity, without notice to any of us; and to pay all costs of colledion, including e re~sonable atrorney's fee in the event of any de(autt Fureunder, and hereby severally waives all benefit of homestead and exemption under the constitutio~ a~~d laws of eacn State oi the Unitcd States, as aga~nst this obli9atio~ or a~y extension or re~ewal hereof. W~tness the hand and seal of each party. S/ Franklin A. HaYris ~A~~ (SEAU ` S/ Valerie V. Harris ~U ~ S 34 . SO t state Reven~e Krwwp~ arweN~~w~isiw~{. wole) NON, THEREfORE, the MORTGAGOR fo~ the purpose of securing paymcnt of said sum of S 23 and the performance of tF» covenants a~d agreements he?einafte? expreased, and ia d~vers 9ood and vsluable cons~derat~ons, by theu presenti, does gront, baryain, sell, rem~se, reiease, convey and confirm unto the MORTGACEE, its successo~s artd assigni, all that certain bt, piece a partel of lu~d, situate, lying, and beinp in ths • County of St. L'uCie and State of Fbrid~, dewibed ss fo~lows: t Lot 16 and Lot 17 L,ESS the North 45 feet of Lot 17, Block 12, SILVBR LAKB PARK ADDITION, as per plat thereof on file in Plat Book 10, page 8, Public Records j of St. :.ucie County, Rlorida, ~ E i I ~ pF SAXES € ~ ~~~~L pRD"rER1Y, ~ ~ ~_CU?~'C {li~AK~ a13+~. ~iS ~~'1~ ' ~y4NT Ta Cti~'~~ ~,,un, ;t. V,c.e G~. F1a ~ Fp~ER FOtSR.'151,~;'-t~ C~°=u;i ~%G . F ~ ~ ~ 1i.=~,~~C.. _~_L~~~~~~;~ c~ ~ ~;~~`t;.;" r - ; x ~ ~ = FE3-i'72. - ; = :~.~~-`~3450= N LE?T.Cf i.id['~t~ ~~•e~ - ~ Pe.~9~~~z _ _ ~ ~ ~ ~ ~ rogethe~ with alt snd singulsr tMe tenements, hereditaments +~d appurtances thereunto belonging w in ~nywise ~pperuini~ therero, and all renb, iuues. p.oceeds a~d profits xuui~g and to accrue from s+id premises, all of which ~re included in 1he sbove +nd foreyoiny detcriptioe~ and habendwn. ~ TO HAVE AN O HOID tM sbove deu~ibed snd yranted premises unto the said MORTGAGEE, its sucutson and assiyns forevtr. Md tM said ~ htORT GOR iw ~~~lr he~n, executors, administratws snd •uigns, hereby covenants with the said MORTGAGEE, its svcceswn and ~uigro, ~~ey are rhat lawfully seized of tlie said premises in fee iunplr, that the same are fr~e, dear ~nd dischuped from all lient ~nd ~ncvm- brsnces in law w in equity, and that they will ~nd their heirs shall warrant and defend tht title ro the amt to tM ~aid MORTGAGEE, its succeasors and ~ugns, fwever syainst ths lawfvl claims snd demsnds of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shsll pay unro the MORTGACsEE the promisso?y note hcreinbcfot~ described ~nd shall truly, promptly ~ and 4ully perform, diuh~rge, e:ecute, complNe, comply with ~~d abide by esch and every the stipulations, agreements, conditiom and cwenanri of wid ` prom~sswy note •nd of this Nbrtg~ge, then thia Mortyage +nd the Estate hereby aeated sMll ceas~ a~d be null and wid- IT IS UNDERSTOOD that the wwd "Mwtp~yw" whether in the sinyular or plural aeywlxr~ in this Mortgage, ihall be sir?pular if one only and _ shell be plur~l jointly ~nd ~everally if more than one. •nd that the wad "tF~eir" sa used +nywhere in thls Mortpaye shall be taken to me~n ••hu; •••hers; . or "its;' wherever the context w implies w admits. Also, that wherever there is • ~eference in tM coven+nb snd ~greemsnts herein contained to any of the parties hereto, the ssme thall be corutrued to mean sa well a~ the heirs, leyal rtprescntativq, successon and aui9ru (either wlunt~ry b-1 att of the parties or involuntary by operatwn of the law) of the same and that the covenants herein contairxd sl~Il bind and the benefits and adwntayes inurt ro tFx respective heirs, legal representstivss, successors and au~gns of the p+rti~s hereto. And said Mortgsgws, fw themielves snd their hein, legal repreuntNives, successai and auiflns, hereby joiroty and severalty coven~nt and agree to ~nd with the s+id MORTGAGEE, its iuccesswt and augns: ;zf 1. To psy +11 and singular the principal and interest snd the variovs and sundry tums of money payable by vi~tue of said promissory note, and this ' mwtgage, each ~nd every, promptly on the d~ys retpectively the same sev~rally become due. 2. To pay •II and s~ngular the taxes. ~s~esunents, leviei, li~bilities, obligations ar+d encumbr~nces of every nstu~e ~nd kind now on uid deuribed - property, a that here+fter m+y be imposed, suffered, pl~ced, ievied, a~sseued thereon, a thst hereahe? may be levied or usessed upon thb Nbrty- age, or tM indebtedneu sccured hereby, each and every, when dve and payable, sccwdiny ro law, befwe they become delinquent, and before any int~rdt artaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ~ECORO AND THE ORIG113AL OFfICIAI DOCUMENT (SUCN A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; snd ~n the event thst any thereof is not paid, sat sfied snd dixharged ia:d MORTGAGEE may at any time p~y the same a any p~rt ?hereof witlw~t waiving w affecting any option, lien, eqvity p •iphf ~nder or by virtue of this mortgage and the f~ll amount oi each and every such payment shall be immediarely due •nd paysble •nd shalt bear intereat ~.om the date thereof until psid at r~te o( nine per centum per annum and t t r t svth interest shail be secured by the lie~ of th:s moryt~e. ~ ~ _ . . - - . . : -