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Home My WebLink About1233 TNIS INDENTURE, Mad~ the 9~ da of ~ ~~C~L . A.O. 19 72 between - R~a ph H. yPatterson and Lola~ . Patters~n: his Wife aF • 11C @ ~~~~y Flonda, htreinafta designstrd as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIEK.:E, ~ cwporat~on oryanized and ex~srinp v~da th~ Iaws of the U~~ted Sut~s of America and Mvinp in p?incipa~ pl+c~ of busi~eu in th~ Gity of Fwt Pi~ru. St. lucie County, Flwida. he~einafter des~pnated sa tl+~ "MORTGAGEE.•• WHEREAS ths MORTGAGOR is jus~y i~debred ro the MORTGAGEE i~ ths ium of = 1?~~•~ , good and lawful money of the Unlted Srates advanced by the MORiGAGEE unto ~he MORTGAGOR, as evidenced by s certain p~om~uory note of even dste herewith, of wh~ch the (ollowinp in s ord~igure, ~ i• a trw copY, to-wit: 3-18 065 1 ~ Fo?t Pierc~, Florida, M~ch 9 ~ 19 Fw valve ~eceived, 1, we or either of us, prom~se to y, wi~hout defalcatio~, to the order of FIRST FEUERAL SA.~VIN.~G~S+ AN~ IOAN ASSOC~ATION OF FORT PIERCE al Forf lP~' 1r'c,e, Florida, the sum of = 17~~~•~ with interest irom date at the rate of ~tlJ~o per annum, in monthly instal6 ~~ents ai foI!ows: i"'`" ~ on the 1s}' day of M~ , 197~ ancl a like sum on the cwresponding d~y of 4ach month therr after until the whole be fully paid. Each installment first shall be applied in payment of the intereat and then on the unpaid balance of Ihe prinupsl sum. If d ault is made in the ~ ayment of any installm~nt when due, and such defaul~ cont~nuea 30 days, then at the option of the holder, and w~tho~t any other notice, all the remain~ng ~ns~allments shall be due and payable at once. Privilege is given to prepsy this note in whole w in part at any t~me without penalfy. Neither forebearance, nor acctptance by the holder thereof afte~ any default in any payments he~eon, shall be deemed extension. A late payment charge of S 7•?~ shall be added to each installment remaining unpaid 7 days after its due date, and a I~ke sum shall be added lo eacA such installment remaining unpaid 7 days after ~ each succeeding payment data Each maker, surety and endoraer hereof, jantly and uver~lly, waives demand, presemment protest and notice of p~otest fw nonpaymcnt, ~nd futther agrees to any extensiw~ of time of payment, either before w afler mat~rity, without not~ce to any of us; and to pay all costs of collection, including s ~e~:onable attorney's ft. in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the tonstitution a~~d laws of each State of the United States, as against this obligation a ~ny e,ctension or renewal hercof. Witness ~he hand and scal of esch party. (SEAU s p . a rson ~i~ ~w~~ s/ Lola B. Patterson ~senu ( 26 ~ 25 ~ State Revenue -ta?amprtsnee+~~r~~a+~,+o~ef 17 500 00 NOW, THEREFORE, the MORTGAGOR for the purpose of securirg payment of ssid sum of = ~ • , ~nd tF~e performa~ce of ths ~ covenants and +greements hereinafter expressed, and fw divers good ~nd v~lusble considerations, by thcse presents, does grant, bar9ain, sell, remix, release, conrey and confirm unto the MORTGAGEE, its ivccessors and aui9ns, all that certain bt, piece or parcel of Isnd, situate, lying, and bein~ in the County of - St• T,UGf B and State of Flo?ida, dewibed as follows: Lot 17~ B1ock 26~ Unit 3~ RIVER PARK, as per plat thereof an file in ! in P1at Book 10~ page 80, Public Records of St. Lucie County, Florida,~ ~ W S~~ATE aF FLORIUA ? i DOCUMENTAp ~STAMP TAX y ~ ~ - ~13'n - d ~4 - , ~ ° = ."-2625= ~ . N U o[r~. ~F ~11[!~[ ' = : PB, tfoi ~z ' ~ `S ~ U iA PAYiVIE~iT OF T' - L`bE O1M C1I.SS 'C INTAH^1BLE °E.4SOtult PRCPEP, iY, / ' f±~kaJ~ifit TO i.ii1P'TEQ 72-134, l,'iCTS Of 1971, /st~ 5/' ~ pL~GfR POIiF,~Sr Ua-k C+Fwlt ' , ~ tann. tu~~ f!a~ 0 ~ ~ ~ togetiur with all snd singular the tenemenri, hereditaments u+d ~pp~rrtances thereunfo betorging w in anywite appertsining therefo. ~nd ~II nnri, issves, p~xeeds •nd profin accruing snd to accrue from said premius. ~II of which are included in the abov~ and foreyanp descripta~ and Mbendum. ~ TO HAYE AND TO HQID )he abovt desv76ed and granted premises unto the said MORTGAGEE, its wueuors and auipns fww~r. Md tM iaid t ~ MORTGAGOR fw T~tl~].r hein, executws, ~dministntws and auignf, hereby tovenanri with the s~id MORTGAGEE, its suuessors ~nd ~saipro, ~ E rhar --t'hBX---~~ lawfully seized of the wid premises i~ fee simple; thst tF+~ s~me ue fr~e, ckar ~nd discharyee! from ~II liero ud ~ntum- ~ brances in law or in equity, and that ~L'y will and their hein sh~ll wurant ~nd defend the titk to the sarrN to the s+id MORTGAGEE, its successors and ~uig~s, 4weve~ sgainst the lawful clairta end demands of ~II penau; 4 PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unro the AhORTGAGEE the promiswry rat~ haei~befort dewibed ~nd ~Full trvly, promptly ~ a~d fully per(orm, d~uMrge, execute, compkte, comply witF~ and abide by e+ch ~nd every tFK stipul~tions, apreements, conditiom ~nd covenanb of said promiuory note and of thi~ MortQ+ye, then tha Matgage and the Estate hereby aeated sFull ce~s~ and be nvll ~e~d void. IT IS UNQERSTOOD that the wwd "Mortp~gor' whethe~ in the singular or plvral anywhere in this AAwtg~qe, sh~ll b~ ~inpular if orw only snd ~ shall be plunl jointly and ~tveully if mwe thao one, and tFut tM wwd "their" u used anywhere in this Mortgp~ shall bt t~ken to mtan "his,•• •'hsn•• or "its," wherever the conteat w implies w admin. Also, th~t whcreve~ there is a referenu io the covt~ants sr!d apreements herein cont~in~d to ~ny of the puties hereto, the sam~ sh~ll be cautrued to mean as well as the hein, leyal representatives, succeuon and assiyns (eifher volunruy by ~cf of th~ parties a involuntary by operation of the law) of the same and tha~ the covenants herein contained ~.'vll bind and ~h. benefin snd advnrapes inun ~ ~o the respective F~eirs, byd representatives, wcceison and au~y~s of tM p+rties hento. ' And said Mwtgayors, fw themselves and their hein, leyal representatives, iucccssors and aui9ra, hereby jointly and wverally covenant and ~yr~e ro and with the said MORTGAGEE, its wccesson +nd afsigra: 1. To psy ~II and sirgular the principat ~nd i~te.at ~nd flx wrious and sundry swns of moneY paYaMe by vinw of said promissory note, and fhis mo~tya~e. ~ach and ~very, promptly on tht day~ respectiv~ly the s~me ieverally becortK due. 2. To pay all snd sinyvln the qxa, assessmenn, Iwies, li~bilitia, obli9+tio~s and encwnbrarxes of every n~ture a~d kiad now on uid desuibed ~ p~operty, or that here~he~ may be imposed, suffered, plxed, kvied, or assessed thereon, a th~t heteafter may b~ {evied w useaed upon tF~it Mort¢ i aye, a tM ir~bt~dneu secured hereby. ~ach ~nd evsry, wh~n dw a~d payable. ~ccordi~p ro Isw, befae they become delinquent, and befor~ ~rey int~res~ artaches a any penahy is intvrred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAL! BE PROMPTIY SATISfIE~ AND ~ISCNARGED OF r:3 RECORD AND THE ORIGlNAL OFfICUt DOCUMENT (SUCH AS, FOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSE~ ; ~n OR CERTIFlED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITkIN TEN DAYS NEXT AFTER PAYMENT; ~od in the evenf fhat any thereof is no1 j ~ pa~d, sat"ified and dixharged sa:d MORTGAGEE may at any time p~y the iame or any part the?eof witFaut w~iving or affectin9 sny option, liee~, eq~ity or ; ~ ~~aht under w by virtue of this mongage and the fut! artwunt of eacF~ snd every such psymeM shsll be immediately due snd payabk and shall bear interest ~ ~ ~•om +he d~te thereof uatil paid at rate of nine per centvm per annum ~nd ~~~uth int;~~ secured by the lien of th:s moryb9t. _ ~ ~ ~ _ - - - - - - ~ ..~s'~~r ~y,.,` _ ;e . ,;,~'"_°s~ r n, ~ ~ ~ ~ ~n x a~- ~ ~ ~ - . ~ ~ y'~..~ .r~ ' . . o ~ .e~. ? . .