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Home My WebLink About1448 ~sso~ ~ . . , THIS INDENTURE, Mads the 13th day of ~CH' ~ A.D. 19?2~ betw~en William M. Clark and Pier M. Clar~, his xife - ~ ~ St s LUC1@ ~Wnry Florids, hereir»ftK desig~ated as the "MORTGAGOR;' +nd FIRST fEDERAt SAVINGS ANO IOAN l ASSOCIATION OF FORT PIERCE, a mrpwation or~anlzed and ex~s~in9 under ~ha law~ of the Un~ted Sut~s of Ame~ica snd havirg in prirxipal plsc~ of ~ bus~neu in tM Ciy of Fort Pisres, St. lucis Couny, Florida, hereinalter desi~nated as ths "MORTGAGEE:' WHEREAS Ihs MORTGAGOR is juitly indebted to tM MORTGAGEE in the sum of = 8• g~ good and liwful money of the Un~ud States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain p~omiuory note of even date herewith, of wh~ch the followinp in words and figures is a true copy, to-wit: s 8,900.00 ~3-18,077_ Fort Pierce. Flwids. ~rch 13~ ~y 72 Fw value received, 1, we or either of us, prom(se to p~y, without defatcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERGE af Fort Pierce, Florida, the sum of i 8s 9~ with imerest from date a~ the rste of ~75% pe+ annum, in monthly instalt- I ments as foltows: S 84•~ on the i5t day of ~y , 19 72 and a like sum on the corresponding day of each mon~h there- ~ aiter until the whole be fully paid. Each installmrnt firat shall be applied in payment of the interest and then on tFx unpaid balance of the princ~pal sum. If d ault is msde in the F~ayme~t of any installment when due, and such defau~t continues 30 days, then at the option of the hclder, snd wirhout any other not~ce, all the remaining ;nsral~ments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither fwebear~nce, nor accepta~ce by the holder thereof after any default in sny payments hereon, shall be deemed exteasion. A late payment charge of 5~+.2Q, ihsll be added to each installment remaining unpaid 7 days after iri due date, and a like sum sha~l be addrd to each such installment remaining unpaid 7 dsyt after each succeeding paymem date. Each maker, surety and endwser hereof, jointly and severally, w~ives demand, prese~tment proteat and notitt of protest fw nonpayment, ~nd further 1 agrees to any extensan of time of payment, either before a afte~ maturity, withouf ~otice to any of us; and to pay all costs of collection, inttud+ng a reesonable attorney's fee in the e~ent of any default hereunder, and hereby severally waives all benefit of homestead and exemption undef the constitution ~ and laws of each State of the United States, as aga~nst this obligation w any exter+san or renewal haeof. , Witness the hand snd seat of each party. S/William M. Clark ~~W (Se~U S/Pier M. Clark 13.35 ~ ( ~ ) State Revenue ~ i NOW, THEREfORE, the MORTGAGOR fa the pu~pose of sxv?ing payme~t of sa~d sum of = 8s9O0•~ ~nd the perfwmsrue oi ths covenanb end agreements hereinafter expressed, snd for divers good and v~lu~ble considerations, by these p~eser+ts, does grant, br~ain, ull, remise, reiease, convey and confirm unto the MORTGAGEE, iri s~cceuwt and assigns, aIl tnal cenain lot, piece or puce) of Iand, situate, lyinp, and beiny in the Couny of St • L uc ie and State of Florida, described as fdlowi: r^rom a point on the North rightyof-~eay line of the North St. Lucie River Drainage District Canal #45 ~rhich is 81 feet North and 108.93 feet East of the Southwest corner of the NW4 of Section 10, Township 35 South, Range 39 East, run thence '.~'est along said right-of-Mray line to the point of intersection with the East right-of-~ray line of F.R.A. Road ( same being 40 feet East of the West line of said Section 10); thence run North along said road right-of-~ray line a distance of 178.60 feet; thence run East, parallel with the Sast-West quarter section Iine, a distance of ill feet; thence run South, parallel ~ith the West section ~ line, a distance of 153.45 feet to a point on the North right-of-way line of the ~ Sunshine State Parkway (which point is 25.2 feet North of the North right-of-way j line of Canal #45); thence Southwesterly along said Parkway right-of-~ay line a ! distance of 42.45 feet to a point 19.91 feet North of the Point of Beginning and t being the NW corner of land of said Parkway; thence South, along the West line ~ ; of said Parkway land 19.91 feet to the Point of Beginning,i/ ~ ; ~ ~ ~ _ . ~ S TA~' E ~F F= L O R! l~ A ~ ~ OOCUMENTAc~ S~l+i~SP_ T~X 0 ~ y = a";•.-r t ~ _='~'eJ IN PAYMENT OF tN(~ ~ = MRlS'?Z - - c, U.Y CiAS.'S 'C IN7ANGt8lE PEeSOMA~ PROPERi1?. r° J ~ 3 3 rJ = ~ , ~sWWT TO CIMPiER 71-Ut. «c~s o~ ~~1. m,~ ~ " ~~t.~ - ~ ~.~t i0cifiAS? CWR tl~odt Oo~t, 9t t~oie oa Fla ~ P.B.~vo~ t: ~ ~ roge+her w~th all and sirgul~r the tenemena, hereditsments snd appurtsnces thereunto belonyirg w in anywise appertaininp then% and aU ren», iu~res. p:«eeds ~nd profits ~ccruing and to acvue from said premises, sll of which are incl~ded in the ~bov~ ~nd fore9arg deuription ~nd habt*+dwn. ~ ~~'r TO HAVE ANO TO HOID the above described and Qramed premises unto tfie said MORTGAGEE, its wcceswn snd +ssip~s fw~ver. Md tiw said their MORTGAGOR for heirs, executors, ~dminiitntors and auigns, Frreby cwsn+nts with tha ssid MORTGAGEE, its waesso+s and asipr». ~ ~ rhar ~gY-~--- I~wfully seized of the ssid premises in fee simple: that tM sarr» ue free, cle+r and dixhs?ped from ~II Ikm and ~ncum- erances in law or in cquity, and that they W~~~ their hein s1u11 wuraot and defend th~ title to tht s+rr~e to tFw said r; MORiGAGEE, its succeuws and auiyns, forever aysinst the lawful claims and demands of dl ptrwns; PROVIDED, AIWAYS that if the AhORTGAGOR shall pay unto ihe MORTGAGEE the promissay note i~einbefp~ dturibed ~nd shall huly, promptly and fulfy perform, diuMrge, execute, compkte, comply with snd sbide by esch and every tf+e stipufatio~, ayreemen», conditiom and cov~nanri of s+id . promissOry not~ and of this Mwtgsge, then this Mortys9e ~nd the Estate hereby ue~ted ahall csas~ and be oull and void. P~~ IT IS UNDERSTpOD th~t the woid "Morty~gor" whether in tF.~ sinyulu o~ ptwal ~nywMr~ in this Mwtysye, ahall b~ sirgulu if on~ only and a~ shsll be plural jointly and s~verslly if more th~n one. ~nd that tM wwd "fheir" as uud anywhere in th~s Morty~ge shall be uken to mean •'ha,•• •'hen;• or °ets;' wherever the context so impties or sdmits. Also, that wherever there is • refe~ence in tht coven~nn and ayreements herein oonfaintd to ~ny of rhe panies henro, the same ihall b~ cautrued to me+n as well as tMe heirs, leyal representativet, successors snd usig~q (eitMr voluntary by act of tM parties w involuntsry by operation of the Iaw) of the same and that the coven~nri her~in contained sh+ll bind and the b~nefiti s~d ~dvanttyes inun ~ ro the respective heirs, kyal representatives, succeuws and au'yns of tl~e p~ni~s hereto. Jo - And ssid Mortgaqors, for themselves and their hein, leysl rep~esentatives, sutcessws +nd sssg~s, hereby joinNy ~nd severally covtna~t and syr~e ro and with tFro said MORTGAGEE, its successws and ~ssiyro: 1. To pay alt and singul~r the principal and interat and the wrious and sundry wms of moneY P+Yable by virtve of aid promistory not~. ~nd this morrg~ge, each and every, promptly on fM dayt respectively the same sewnlly become d~e. - ;i; 2. To p+y all snd sinyul~r the t~xes, sssessmena, kvies. IiabiliY~es, obligatioin a~d encumbr+nces of every nature ae?d kind now o~ said desuibad ro or th~t Fxreafttr may be im iuffaed, laced, kvied, a auessed thereon, a tMt hsre+fte~ may be lev:ed ot useaed ~pon thh Mort9- ge~or tFw indebtedneu ucured Aereby, each~and wery, when due and payabk, accadinp to law. before they becon+s delinquent, and befw~ ~rryr intK~st arraches w a~y pen~lty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII 8E PROMPTIY SATISf1E0 ANO DISCHARGED OF r RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIP~ OR THE SATISfACT10N PAPER OfFtCIAIIY ENDORSEO s f~ OR CERTIFIED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenf that ~ny thereof is not pa~d, s~t'sfied and dischsrged ss:d MORTGAGEE may at any time pay 1F+e same w any part ~hereof withovt wsiving w affecti~y any option, lien, eq~ity or ~ : ~~~ht under or by virtue of this mortgage and tAe full amount of esch and every iuch payment shall be immediately due and psyable and shall bear interest i ~.om the d~te thercof until paid at rate of nine per centum per annum • 'th such ' t II be secured by the lien of th:s morytay~. ~ r~~ ~0~i-~' ~ ~M1C~~~~ , - V - a-:.,... _ z. . . . - - ~ . . _ _