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Home My WebLink About0966 iHIS INDENTURE, Made ~ne 8th day of Ma reh A.O. 19 72 ~rWee~ William A. Elder and Linda C~ Elder, his wif • of. St. 1.liC 7,~Q County Florida, here~na(ta detignated ss the "MORTGAGOR;' and FIRST FEUERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, ~ co~paation org~nized and exis~ing undar fhe laws of ths Un~fed Sr~~~i of Ame~iu and havinp its principal pl~ce of business i~ ths Ciry of Fwt P~au, St. lucis County, Florids, hereinafter d~siynated ~i ths "1NORiGAGEE:' WHEREAS 1M MORTGAGOR is juttly indebted to the MORTGAGEE in the sum of S 23 ~ 500 ~ 00 good e~d lawful money of the Un~tcd S~ates advanced by ths MORTGAGEE unto the MORfGAGOR, as evidented by a certain promiuwy note of even date herew~th, of wh~th 1ha followir~ in words and figure~ is s true copy, to-wit: =23. 500.00 ~ 4-18, 059 _ Fort Pierce, Flaida, Ma rch 8, 19 72 Fo~ value receivcd, 1, we or either of us, prom~u to pa without defalcation, to ~he order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATtON OF 23,50~ 00 7.5 ~ FORT PIERCE a~ Fat Pierce, Ftorida, the sum of S • with interes from date at the rate of % per annum, in monthly instalt- ments as follows: S_l74•~ on the 1St day of May , 19 and a like sum on the carespo~ding day of each month therr ~ after un?il the whole be fuliy paid. Each installment firot shall be applied i~ psyment of the interest and then on the unpaid balance of the prinupal sum. If d avlt is made in the ~ pay~nent of any installment wFxn due, ar+d wch defautt continues 30 days, then at the option of the hotder, and wi~hout any otner notice, all the remaining 1 installments shall be due and payable at once. Privilege is given to p?epay this note in whole w in part at any time without penslty. Neither forebearance, v nor acceptance by Ihe holder thereof after any default in any payments hereo~, shall be deemed extertsion. A late payment charge of = 8•?0 shall bs added to each installment remaining unpa~d 7 days after ib dus date, and a like sum shall be added to each such installment remaining unpaid 7 dsys sfter ~ eech succeeding paymenl date. ~ Each maker, surety and endorser hereof, joint~y and severally, waives demand, prexntment protest snd rwtice oF protest fw ~onpayment, and further aqrees to any extension of time of oayrtunl, either before a after maturity, without nohce to any of us; and to pay all costs of collection, includ~ng a ~ reasonabk attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constituYan ~ and laws of each State of the United States, as against this obligation or any extension or renewal hereof. v Witness the hand and ual of each party. 'v~ s/William A. Elder ~AU (SEAI) ~ s/Linda C. Elder ~sewU ~ $ 3 S. 2 S S State Revenua v NOW, THEREFORE, tM MORTGAGOR fw the purpose of secu?ing payment of said sum of S 23 ¦ 5~ , end fhe perfom+ance of ths 1 covenants and agreements hereinafter expressed, and fw divers good ~nd v~luable considerations, by these presents, does grant, bar9ain, sell, remise, release, co~vey and confirm unto the MORiGAGEE, its succeswrs snd suigns, all tMt certain lot, piece or parcel of land, •ituate, lying, and bein~ in ths ~ County of SL . LL1C 1Q and State of Florida, described as follows: Lot 4, Block 2, Grandview Gardens as recorded in Plat Book 16, page 16 of the ~ Public Records of St. LQcie County, Florida, v° RECRYEp tN AAYMENT OF TAXES C.iE a'f GASS 'C IN7M{GIB:E PERSO~tiAI PROPERiY~ PtiR~W4~yT TO CtiApiER 71•131, J1CiS OF 1971. j'n Ik?6tR i'OITRA~ Clerk C~rcuh C: nrt, SL Lct3e Co. F7a. I " . • _ORitUt~? ~ ~STAT~ aF FLOF2fL~A '~'"Y'P ~~x ~ z noeu~r~~p~ sraMP T~x- 2 2 4 a~ ~ = n~~~~ r ~ ~ ~ ~;v = - 1285= . - ' _ - ~:MOt,Z- - together with all and tingular the tenemenn, hereditamenri and ~ppurtances therevnto belonying ot in anywise appertaininy Mereto, and dl rents, issue~, pr«eeds snd profin acauing and to accrue from i~id premises, all of which ue iectuded in the abov~ ~~d forepoinp description ~nd h~bendvm. TO HAVE AND TO HOLD the above dewibed and granted prcmises unto the said MORYGAGEE, its wcceuo~s snd ~uiyra fwwer. Md tM wld MORTGAGOR for their ~;n, exKUton, sdministratas ~nd auignf, hereby covenants with fhe taid MORTGAGEE, its successon u~d sssip~s, ~hat they a re ~awfully seized of the said premises in fee s'anple; that the s+me sre free, cka~ and discha~yed from sll liem and encvm~ brances in bw or in equity, snd thst they will and thei r h~irs shall warrant and defend the titk to the sartN to tM s~id MORTGAGEE, irs successws ar?d suiyns, forever sgaintt the Iawful claims s~d demands of •I) persons; PROVIDED, ALWAYS that if the AAORTGAGOR ihatl pay unto the MORTGAGEE the promissory note hetei~befwe deacribed and shal! truty, promptly and fully perform, d~uMrgs, execute, compkte, comply with end abide by esch and every the stipulations, ~yreernents, conditiwa ~nd corenants of ~aid promissory note and of this Mortgsye, t}Kn this Mortgsge and the Esqte hereby ueated thall cease and be null and void. IT IS UNDERSTOOD tMf the word "Morty~gw" whether in the si~gul~r w plural anywhere in this Mortgape, shall be sinpulu if on~ only u~d shall be plural jointly ~nd ievenlly if more thsn one, ~nd that the word "the'u" as used anywhere in this Morty~ shall be t~kan to rrKSn "his," "hen," a"its," wherevcr the context w implies w admits. Alw, tMt wherever there is ~ reference i~ the covenann ~nd ~yreemenn herein contiu~ed to iny of the parties hereto, the tame shall be construed to mean ~t well as the heirs, leysl represent~tives, s~xcesson +nd ~uqro (either voluntary by ~ct of the parties or involuntary by operation of the law) of the same and that the covensnts F?erein contained sMll bind and the benefits and advantapes irwr~ to the respective hain, Ipal representatives, successors snd ~u'gns of the parti~f hereto. And said Mwtgpws, fa thert+ulves and their heirs, legal representativd, iuccesson ~nd auipns, hereby jointly and severally covenant and apree ; to and with the said MORTGAGEE, its successors and ~ssigns: ~ 1. To p+y all and sin~ular the principal and interest and the vara~s snd sundry sums of money payable by virtue of said promissory note, and this mortgage, eath and every, promptly o~ tM days respectively the same severally becort~e due. 2. To pay all snd •ingulu the tsxes, useuments, levies, li~bilities, oblig~tian and encumbrances of every nature ~nd kind now on said d~scribed property, or that heresfte~ may be impo~ed, sufiered, plated, levied, o~ ~asesssd thereon, a tMt hereafter may be kvied a~uessed ~pon this Mat¢ spt, a the indebtedness secured hcreby, each and every, when d~e ~nd pay~ble. ~ccadirg to law, before they becan~ delinquent, a~d btfat sny imaest artaches or any penalty is i~tu.red; AND 1NSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTIY SATlSfIEO AND DISCHARGE~ OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSEO OR CERT~FIED) SMAII BE PLACED ~N THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEX1 AFTER VAYMENT; ~nd in the event thst sny thereof is not paid, sat'sficd snd diuharged u:d MORTGAGEE msy at any time p~y the same w ~ny parf thereof without w~iving or affettiny •ny option, lier~, eqvity a •iqht under or by virt~e of this mortgage and the full amaunt of each and every ~uch payment s1~a11 be immediately dw snd psyable and shall beu inte~est ~rom the d~te thereo( until psid at rate of n~ne per centum per annum and toycther w~th such interest shall be secured by the lien of th:s moryta9e. *3 ~~RK2~~ r!~; ~ . - - - - _ _ _ . - - ~ ~ ~ < _ _ ~ 4+ b-'.o V ' ~'''X"r ^^6. _.,.x.. ~~k- .tW _ . . _ ._Y.