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Home My WebLink About0599 V ot.~t nM ou?st ~~Nr~ie~ ~r~,o+u~ P~rm. . 2;~998 . ~rw?,~ aw~~ ~,•i~. ACTS Of 19]l. ~ ~o~t ~orr~ a,~ a~c co~!~ ac. trd. oa p[ THIS INDENTURE, Mad~ the 6th day of March A.D. 19!~- befween _ Rred F Adams and Dorris D Ad ros~ his wife of _ St . Lucie Coenry F~w~d~, hereioaffQr desigoated as the "M~RTGAGOR,° and fIRST FEUERAL SAVINGS AND IOAN aS$pCIAT10N OF FORT PIERCE, ~ corpora~~on wy~nizcd and exiitin9 under tM lawt o~ th~ Un~ted Sutp of Mierfcf ~nd havin~ ib principal place of bus+ness i~ th~ City of fort Pieres, St. lucie Gou~ry, Florida. ACfQIMI1N desipnated as tM "MORTGAGEE:' WHEREAS ths MORTGAGOR is juitly i~debted to the MORTGAGEE i~ the sum of ~ 24 ~ 700. 9~ and lawful money of the Un~tcd Srates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~~ promiuwy note of even date herewith, of wh~ch the followiny in words and figu.es is a trw copy, to-wit: s24,700.00 ~ 3-18,049 Fwt Pierce. Flwida. ~?rch 6. ~q 72 Fw value received, 1, we or cither of us, prom~se to pay, wi~hout defalcat~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, th~ sum of S 24 + 700• w;th inrerest (rom date at the rate of 7• S 9e per snnum, in monthly install- mentS df ~OllOwf: s'L 99 • O0 on the 1 S t day of `~u 1 y . 1972 and a like sum on the cwrespond~ng day of each month therr afrer until Ihe whole be fully paid. Each ~nstallme~t 1i~st shall be applied in payment of the interest and then on the unpaid balance of the p~inc+psl sum. If d ault is msde 1~ tie Fayment of any installment when due, a~d such default continues 30 days, then at the option of the helder, and without any other not~ce, all the remaining ;r.stallments shall be dur and payable at once. Privileye is given to prepay this rate in whole or in part at any t~me without penelty. tveither forebearance, nor acceptance by the holder fF~ereof after any default in any payme~ts Fxrron, shall be deemed extension. A fate payment chsrge of =9 • 95 shsll be added to each iostalJment remaining unpaid 7 days after its dve date, and a like sum shall be added to cach such installment remaining unpa~d 7 dayt sfter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severaily, waives demand, presentment protest and r+o~ice of protest iw nonpayment, and fvrther agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay alI costs of collectan, includ~ng a rea:onable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homeatead and exemptio~ under the constitutan and laws of each State of the United States, as against this obligstion a any extens~on w renewal he~eof. Witness the hand and seal of each party. _ s/ Fred F. Adams ~Aq (SEAU S/ Dorris D. Adams (SEAU (SE~U~ ~ $37.05 ~ state Reven~s i~c wwusbet ~c sdgp~la+aw) NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of ssid sum of S 24 ~ 700• ~nd ths perfwrnsnct of tM covenanri and agreements htreinafter expressed, and fw dive~s good snd valwbta consideraYwns, by these prescnts, does grant, baryain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and ~ssigns, all that certain IoL piece o~ parcel of land, situate, lyinp, and beug in ths County of St . Lucie and State of Fbrid~, desaibed ~s follows: Lot 18 and the West 1~ of Lot 17, Block 2, ROY G. HILLIARD'S SUBDIVISION, as per plat thereof on file in Plat Book 4, page 17, Public Records of St. Lucie County, Florida, i ~ W 5TATE ~F FLORIC7/~? ~ ~ y OpCUMENjAaM•~.STAM~ . ; 3~ 3 7 0 5= s ~ U ~ t _ ' ` w a(IT.Gi Ri1Rt~E i ~ pg.ti9oti~: ~ S # a i - ~ ~ ~ rogether with sll and singular the tenernentt, hereditame~ts and ~ppurtances therevnto belaging or i~ anywi~e sppertai~irg therefo, ~nd all rtnt~, iuws, o~oceeds ~nd p~ofits xauing +nd to ~caue from s+id premises, all of which +re includad in the abovt ~nd fw~yoirg descriptio~ and haberdum. ~ TO HAVE AND TO IiOID the sbove dsxribed and yranted pre.~+ises unto ths said INORTGAGEE, ib succeswrs and auipro fw~vN. /u~d tM Mid ~ t fle 1Z ~ MORTGAGOR fa heirs, executon, ~dminisrrator: and assigro, ha?eby covenaon with the said MORTGAGEE, ib wtt~ssws u~d auipra, ^ rha~ - th ~ aIe - lawfully se~zed of the said prcm~ses in fee simple; that eF+~ same ~re fr~e, ck+r and dixhuyed from dl liem and encwn- hein shall wur•nt and defc~d 1M ~itl~ w the sa+m ro th. uid ~ brances in Isw or in equity, ~nd th~t they W~~~ their ~ MORTGAGEE, its successors ~nd sui9ra, fwever ayainst 1M Iawful claims and demandt of all perwro; q PROVIDED, AtWAYS th~t if the IKORTGAGOR shall pay u~to the AhORTGAGEE tl~e promisso?y ~ote het~inbe(o?~ dtscribed ud ~hall t~vly, promptly ~ and fully perfwm, dtxhsrge, execute, compate, comply wi~h and ~bide by each and ~very the stip~latiau, ~yreernenb, conditian and covena~ts of aid - promisswy note and of this Mortyaye, then this Mortgaye and the Estate her~by asated shall uas~ and b~ null ~nd void. - IT IS UNDERSTOOD that the word "Mortgyor" whethe~ in the singular a plural anywher~ io this Mort9ap~, ah~ll b~ tirqulu if ont only and t, shall be plural joimly and severally if more th~n one, snd tMt tM wwd °their" ai used anywher~ in tha Mort~~ shall b~ uke~ ro meae "his," "hen;' e3 or "its;' whereve~ the contsxt w impiies a ~dmita. Also, thst wherever there is a reference in rh~ co.~enann aod pr.em~nn he.e~n comainad io •ny of ~he pa.tics hereto, the s+me shall be cautrued to mean as well u tht hei~s, leya) r~pres~nt~tives, succ~sson +nd aui~ro (either volunt~ry by ~cl of th~ parties or involuntary by operation of the I~w) of the same :nd that the covenants he~ein conuined shall bind and the ben~fib and ~dvanb~s inw~ _ ro the retpective Mirs, Is9at repreientatives, successon and ass~yn~ of the p~rtits hereto. ~3 Md said Mwty~gors, fo~ themselv~s and their heirs, leyal r~presenqtives, succeswrs and auiyns, hcr~by jointly ~nd swerally covenant ~nd pree - to and with the ssid MORTC-AGEE, in succdsort and auig~u: 1. To pay ~tl and sinyular the principal ~nd interett aAd tM vsravs and sundry wms of money paYabb by v'utw of said promissory not~, and this mort~~ye, each and every. promptly on tht days respectively tht iame sevtrally becomt dve. x~ 2. To pay •II and s~npular tM ta:es. ~ssesunents, kv~es, liabilities, obli9ations and ~nc~mbances of every r?nw~ and kind now on a~id dewib~d property, a tMt hareaft~r may be imposed, wffered. plxed. Itvied, or askssed thereon, or that heresftet may b~ {~v+~d o? autaed upon thit Mortp- w; ege, a the i~debt~d~ess secvred hereby, ~ach and ~ve?y, whee due ~nd payable. ~ccordirp ro I~w, befa~ they becar» d~linq~nt, and b~for~ ~e~y 1nt~rat arraches or sny penalty is incurred; ANO INSOFAR AS ANY THERfOF IS OF RKORD THE SAME SHAII BE PROJNaiIY SATISFIED AND DISCHARGED OF -2 RKORD AND THE ORIGINAL OffIC1Al DOCUMENT (SIKH AS, fOR INSTANCE, TME TAX RECEtPT OR iHE SATISfACTION PAPER OFfICULIY ENOORSED ' 04 CERTIf1ED) SNAII SE PlACEO IN THE HANDS OF SA~~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ewnt tMt a~y thtrtof a not s;'=:s pa~d, saYsfied and dixharged sa:d MORTGAGEE may •t any time pay the same w any part thereof without w~iviny w affectirp any option, lien, pvity w ~~qht under w by virtue of this mortgage and the full amount o( each and every such p~yment sMall be immediately dve and payabk and sMll bear intsresr ;'-i ~~om the date thereof until psid at rate of n;ne pe~ centom pe~ annum and toyNher wfth such interest shall be sec~the lien of th"s mot9tape- aC.~ ~ ~~~~t~ . - - _ _ ~ - ~.J ~ - _ _ _ . _ . _ -