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Home My WebLink About1802 ~ 225823 THIS INDENTURE, N4d~ tFi~ 17th day of ~lCh A.~. 19 72 betw~en Leland S Nelson, Jr. and June G. Nelson~ his wife of St . Lucie ~p~~y Flwid~, hereinaflN d~signstcd +f tM "MORTGAGOR,"~and FIRST FEUERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE, • cwporation orya~i:ed and exiit~n~ under 1M I~ws of tM Un~ted St~~as of America and Mvir?~ in ptincipal plsce of bu~in~u in tM City of fut Pierc~, St. luci~ Counry, florida, hereinah~r d~iipnated ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly ind~bted to th~ MORTGAGEE in the sum of = 1 S~ 1 OO. 0~ ~~Wful mo~ey of ~he Un;ted States advanced by the MORTGAGEE unto the MORiGAGOR, as evidented by a ctrtain prom~uay nots of even datt herew~th, of wh;ch the foUowir~ in words and figures is a trw copy, fo-wit: z 15,100.00 N,3-lti,093 fort Pierte. Flwida. ~~I C~l ~ 7~ 19.~_ fa value received, 1, we w eithcr of us, promEse to pay, without defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF \ FORT PIERCE at Fpt Piertt, Fbrida, the sum of = 1 S~ 10~. Q~ with interest Irom date at the rate oi 7• 59'o pK anr.um, in mqnlhly inslall- ~ ments u follows: S 122 on the 1 St day of h~y 19 72 and a like sum on the correa~~onding day of eacA month thcrr w~ afrer until the whole be f~lly p~id. ` Eath inst~llment first sMll be sppGed in p~Yment of tM interest and then on the u~paid balance of the prinupal wm. If d auh is msde in the payment of any instatlment when dus, and such default continues 30 days, then st the option of the hotder, and without any other notice, all the romain~ng ~nstallments shall be due +nd payabk ~t once. Privilegs is given to prepay this ~ote in whole w in part at sny t~me without penslty. Neither fwebcarance, nor acceptance by the holde~ thereof afte~ any default in aoy payments hereon, shsll be deemed extension. A late payment charge of s 6_.10 ~ added to each instaltrtxnt remainirg unpaid ] days afte~ its due datt, and a like sum shall be added to each such installment remaining unpaid 7 days a(tcr ~ each succeeding payment date. ` Each maker, surety and endaser hereof, jointty and severally, waives dcmand, p?ese~tment protest and notice of protest fw nonpaymen~, snd funF~ ~ agrees to any extension of time of payrtKnt, eitT+er before o~ after maturity, wirhout notice to any of us; and to pay all costs of collection, includ;ny s _ reasonabk attwney's fee in the event of any defa~lt hereunder, and her~by severally waivrs all benefit of homestead and eaemptio~ under the constitution and Iaws of esch State of the United States, as sgainst this obtigation w sny extension or renewal hereof. ~ Witneu the hand and seal of c+ch psrty. s/ Leland S. Nelson, Jr. ~AU (SEAU s/ June G. Nelson i (SEAU ~ $22.65 ~ stat. eevenue (~cooadi~da~ariy~+sla+o~q t 15 s 1 O0. ~0 and the ~formaxe of ths N NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of i P~ cover?~nts and a9reements hereinafter expreucd, snd fw divHS 9ood and valuable consideratioos, by tF~ese p?esenn, does grant, barysi~, sell, remiae, ~ release, conwy snd confirm unro the MORTGAGEE, iri s~?ccessws and +uig~s, al~ that cert~in lot, piece or pucel of land, situate, lying, and beH+g in ths ~~~ry SL . Lucie and St~te of Fbrida, dewibed +s foflows: Lot 3, Block 4, CARDINAI. GLADG SUBDIVISION, as per plat thereof on file in Plat Book 11, page 14, Public Records of St. Lucie County, Florida,/ k ~ . ` w STATE~FFLORIDA ~ } ~ DOCUMENTAp" STAi~IP TAX ~ ~ _ !'Wt2~12 - _ ~ ~ ~ a`,°' ~.T.~.~.~ ' z 2 2 6 5= ~,r~ 3s..~°-'--1 Q~,~~~-~ c~~x~ t - ~ P~.wOtti = i i:~'T;~t16io~EYERSO~`'~LPitO ~ ~`(lE ~N :.~5 g Of 1971. r'' ~`Y ~ 1?: t~iil~"t7 YO Ck1AP`i E:4 71-134. ~ S~ U.u: [c R: U ~ s~ca Po~T~~ ~~x c~zWk c~:,t . _ ~ ~ ~ tagetF~er with afl and singul~r tM tenemenb. hereditamenb ~nd appunanccs thereunro belong~ng or i~ anywise appert~inirg therero. ~nd all ter~b, issues. ~ proceeds and profiq acvuiny and to accrue from said premises, all of wFiKh are i~cluded in the ~bove and foregoirg dtwipYan ~nd Mbendum. premises unto tl+~ said MORIGAGEE, its sucuuas and +ui9ns forevK. And tM s~id TO HAVE AND TO HOID the abov~ desaib~d a~d 9nnfed ~ MORTGAGOR for t h e 1 L~b ~~n, ex~cvtan, ~dministrato~s and asiigru, hereby ceven+nts with the s~id MORTGAGEE, iri successws and auqro, ~ rhst they are~ i,,,,~~~iy ~ized of the s+id premissa in fee simple; that tFw same art fre~, ck~r ~nd diicharyed from ~11 liens and ~ncun? ~ brences in law o~ in equity, and thst they will s~d " their hein shall warrant and defend the titk to the sam~ to th~ said MORTGAGEE, iri tucccuora snd auiyr?s, (ortvcr painst the lawfvl clairrts and demands of ~II persons; - PROVIDED, ALWAYS tMt if tht MORTGAGOR shall pay unro the MORTGAGEE the promiasory note hereinbefwe dewibed snd sF?~II huly, promptly a~d fully ptrfwm, difcharye, executt, compktt, tomply with and sbide by each and erery the stipulations, agreements, conditions and oovsnanri of said promissory note and of this Mortyape, then this Mwt9s~ and ti+e Esrste FIN~~ veated shall cesse and be null ~nd void. = IT IS UNDERSTOOD th~t the word "Mwt9sQor" whether in tFk singufar w plural snywhere in this Matgage, shall be sinyula if o~e only ~nd sh~ll bt plwal jointty ~nd wrerally if more 1Mn one. ~nd that the word "their" ~s used ~nywhere in this Mo~tpaye shall be taken to mesn "his," •'hen•• , oi "iti;' whetever tl+e context so implies or sdmiri. Aho, that wherever there is a referente in 1M corenants ~nd ~greements herein aontained to ~nr oi :~.:j the pHties Mreto, tM same shall be construed to me~n aa well as the hsin, kyal rspresent~tivei, successws and assigns (either voluntary by ~ct of the parties or involum~ry by operation of tF?e law) of the same and that the covenants herein contsined shall bind ~nd tM benefits and ~dwnt~yes inun = ro the reap~ctiw hein, t~yal representativ~s, succesw~s u+d ass°yns of the parties hereto. ~ Md said Mortyagtxa, for themselves and their hein, leyal rep~esent~rives, wccessors a~d assiqru, hereby joiMly and sever+lly covenant ~nd apr~e ~ '4 ~ to and with tM said AhORTGAGEE, ib suuesson and su~yro: ~ _ 1. To psy all u~d siegulu the principal and interest snd the vsrious and sundry sums of money payable by virtue of said promiswry note, and thit ~ ';,fl mortyaQ~• each ~nd ewry, promptly on tFw days respectively the same sev~rslly becane due. 2. To pay all and sin~ul~r tFw Nxes. ~s~essmenn. Iwies, lubilitie~, obiiyatiora and encvmba~cea of every n+tu?e +nd kind now on s+id d~scrib~d ~ - property w tMt Fwreaha may be impw~d wffe~ed. Pl~csd, levied, or assessed th~reon, o~ th~t henah~r may be levied or aueued upon this Mortp- „ _ ~9~, a tFw ind~btedness Kcured he~eby. ~ach ~nd every, when due and payabk, accordiny to Iaw, befwe they become delinqwm, and b~fon ~ny i~tereit ac: ~ _ attaches or any penalry is incurred; AND Ir150FAR AS ANY iHEREOF IS OF RKORD THE SAME SHAtI 8E PROMPTIY SATISf1ED AND DISCHARGED OF pp~,~ = RECORD AND THE ORIGINA[ OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PMER OFfICIAILY ENDORSED OR CERTIFIEO) SHALL 6E PLACED IN THE HANDS Of SAID NtORTGAGEE WITHIN TEN DAYS NEXi AfTER PAYMENT; and in the ewer~t ~hst a~y thereof a not paid, sat'sfitd and dischsrged sa'd INORTGAGEE may st any time pay the same w any part thereof without waiving w sffectinp any option, lierj. eqvity p •~aht under w by vinue of this mortyaqe and the full amount of each and everY such payment sMll be immediateiy due and psyabk and shall bs~r ioterest ~rorrs ~he d~~e the~~of unt~l paid at rate of nlne per ce~tum per annum and toyether w~th such intesest sMali be secured by rhe lien of th:s moryta~t. ~ -s~ ~ _ - . , _ - ~ - ec~ _ a~:~ • Y ` ~a-,~~ ~~i ,x.~-~~` ~ ;c~, ~ ~ ~4,_~~'~~:.'~