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Home My WebLink About1806 ~~.7~~ ~ t THIS IN~ENTURE, Mad~ tl+~ 16th day of March A.O. 19Z2 . between Timothy L. Center~ Sr. and Betty Jean .~enter~ his wife of $t • LuG ie Counfy flaida. MreinaftK de~gnated as ths '"MORTGfiGOR," and FIRST FEDERAI SAVINGS ANp IOAN ASSOCIATION OF FORT PIER~E, • corpwatan ayaniud +nd exiit~n~ under the laws o1 1M Un~ted Sfatos of Artseriu and Mvir~ iti principal place of buiirwu in tM C~ty of Fon PiKC~, St. luca County. Fbrida, herti~»ft~r desq~ued as tM "MORiGAGEE:' WHEREAS 1M MORTGAGOR is j~stly indtbted 1o the MORTGAGE"e i~ the sum oi = 8 _ , good and lawful money of the Un~ted Siatei advanced by tM MORTGAGEE ~n~o the MORTGAGOR, ss evidencrd by a certa~n promisiory note of even date herew~tb, of wh~ch the following in wo~da ~nd fiyures is • trw copY, a~wit: f8~~0•~ ~ 3..18 Q88 Ma rch 16 ~ fwt Pierce, Flaida, ._--19 fw value received, 1, we w either of ~s, promise fo pay, withouf defalcation, to the order of FIRST FE~JERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, flwids, the sum of S 8~~~•~ w~ih in~erest from date at the rate of 7i~1e pc+ anr:um, in nwnthly inatall- mems as followi: S 66.~ i3t ~y of May , 19_ 72 and • like sum o~ the c«respond~ng day of each month thrre- r afrer until the whole be fully paid. Each installr+xnf first sha~i be app~ied in payment of ihe interest and the~ on thc unpaid balance of ~he princ~pal sum. If d sult is made in the Fayment of any instaliment when due, and such default continues 30 d~y~ then at 1he option of Ihe holder, and without any other notice, all tF+e remaining ~nstallme~ts shall be due and payable a~ once. Privilege ia given to prepay this note in whola or in part at a~y t+me without penalty. Neither fwebearance, nor acceptante by the holder thereof after any default in any paymenti hereon, shall be deemed extension. A late payment charge o~ S 3~ 30 ~ added to each installment remainin0 unpaid 7 days sfter its due datq and a like sum shall be added to each such inarallment remaining unpaid 7 days after each sucteediny payment date. Each maker, surety aod endorser bereof, jointly and severally, waives demand, presen~ment p?otest and notice of p~otest for nonpayment, and fu?thsr agrecs to any extension of time of payment, eithcr before or after maturity, without not~ce to any of us; and to pay all costs of collection, includ:ng a re~sonable attornry's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exempt~on under the constitution ~d laws of each State of the United States, as against this obligation w any e:tension or ~enewal hereof. Witness the hand ~nd sesl of exh party. S~lIDOt~1S/ Z.. Center, $I. ($EAL) (SEAL) s/Betty Jean Center (SEAI) S 12 ~ ~ ts~?u ( 1 Stat~ Revenw NOW, THEREFORE, the MORTGAGOR fo? the purpose of secvring psyment of ssid sum of S 8~~~' ~ , snd the perfwma~ce of the covenants and ayreeme~n hereinatte~ exprcued, a~ fw divers good and valuable co~side~at~ons, by these prese~t~, does grant, bargain, sell, rem~se, release, convey and confirm unro tl+e MORTGAGEE, ib succeuws ~nd auigns, all that ceruin lot, piece or parcel of land, sit~ate, lying, snd being in the ~ County of St. I'uCie ~nd State of Florida, desuibed follows: Thc~ South 114 feet of the Nozth 139 feet of the West 125 feet of the East 300 feet of the -,ortheast 1/4 of the northwest 1/4 of the northeast 1/4 of Section 7, Township 35 South, "~n~e 40 East, being otherwise described as Lots 11 and 12 of an unrecorded plat of the ;,o rtheast 1/4 of the rorthest 1/4 of the r~ortheast 1/4 of Section 7, Township 35 South, '~~n~e 40 East, called Metzger Road Subdivision, tagether with right of egress and ingress ; o~•er and across the following described street: Beginning at the Northeast corner of the ;;-~:~rtheast 1/4 of the Northwest 1/4 of the Northeast 1/4 of Section 7, Township 35 South, ; ':-~ne~e 40 East, run West 125 feet for point of beginning; from said point of beginning i <<~ontinue West SO feet to a point; thence turn and run South 139 feet to a point; thence € ; @~_~,~rn and run East SO feet to a point; thence turn and run North Z39 feet to the point of ~ ~ ~ ~ O ~e.^ . ~ • 6~' 1'.a Pl't:~G~T 'J~F ir~S ~ ,,inning,•~ s ~ ~ . ~`l1E L:~ ~i:s.'i 'L" 1::~:f',Clti: i. ~~:=~ii:`i PI`Ji'k..:~~~e ~ p. ,~::;l~~~i TO Ct4~?7~3 71•t"s3, l+CiS OF 191L ~ ~ ~ F.('~3CR i~(11TPAS, Ger~t qrwK ~eu+t. 3: Luda Ca wf. ; y i S ' ~ rogether with all sr.d singul~r the tenements, hereditarrKms and sppurUnces thereumo belongirg o? in anywiu appe?taining thereto, ~~d •II reMS, iu~es, proceeds and profits accruing and to accrue from said premises, sit of which sre included in the above snd foregang dewiptio~ and habendwn• ~ TO HAVE AND TO HOID ths sbove dewibed and granted premises unto the said MORTGAGEE, its successors a~+d aisigns forever. And the wid * MORTGAGOR iw their ~;~s, executws, sdministntors and assigna, hereby covenants with the said MORTGAGEE, it~ tuccaso~s and auiqro, thas - t}1QV a re ~~Wfuily seized of the ssid premises in fee simple; th~t the same are free, cle~r and dixharyed from all lier?s snd encum~ ~ : ~ brances in law w in equity, and thst they will a~d their he;rs sh~ll w~rrant and defend the tiNe ro the same to tF?e said ` MORTGAGEE, ita succeuors and aui9ns, ~orever aysinst the lawful claims snd demands of •II persons; ~ PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore deuribed and shall truly, promptly ~ and fvlly perform, diuhar9e, e:etute, compkte, comply with and abide by each a~d every the stipulations, agreements, conditions end covenanri of said promissory note ~nd of this Mortpa9e, then this Mwtyage and the &tate hereby uested thall ce+se and be n~ll and void. ~ IT IS UNDERSTOOD tlat the wad "Mortyagor" whether in the tirgula? or plural ~nywhere in this Mwtgaye, shall be sirgular if one only and sh~ll be plur~l jointly and sevsrslly if mw~ than one. ~nd that the wwd "their" ss used anywhere in this Mortgsge ahall be taken to me~n "hif:• ••hen,• ~ ar "its;' wherever the tontext w impliet or ~dmits. Also, that whereva there is a reftrence in the tovenanb a~d +greementi herein contained to any of _ the parties hereto, ths tamt ihall be construed to mes~ ss well ~s the heirs, leyal rtpresent~tives, successo~~ and assigns (either volunqry by sct of 1Fa ~ _ p~rties or involuntary by operation of the I~w) of the same and tt~+t the covenants herein contained shall bind and the benefits and advaMaqq inw~ ~ - ro the respectiw hein. Ipal repreientativq, tucceuws and au'gns of the parties hereto. ~ And taid Mortgagors, fa themselves s~d tF+eir hein, lepal ropreunqtives, succeswn snd assiyns, hereby jointly and severally covenant and ayree ~ ' to ~nd with the said MORTGAGEE, in successon and au~gns: 1. To p~y ~II ~nd s~rgvlar the principal +~d interes! ~nd the various •nd tundry sums of money payable by virtue of said promissory note, ~nd thia mut~ayt, sath and ~very, promptly on the dayt respedively the same severally beco+n~ dve. ~ T. To pay ~II ~nd sinpulx the taxes, asseumenb, levies, li~bilities, obligations and encumbnrxes of every nature +nd kind now a? said described - property, a tMt FKreaher may be imposed, suffered. Placed, kvied, or ~ssessed thereon, w that here~fter may be lev~ed w assessed upon this 1Nortp- - e9e, a tM indebtedr+ess secured hereby, e~ch snd svery, when due and payable, +ccordirg to law, befwe they become delinquent, and before ~ny interest ~ ~`.i attaches w sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTtY SATISfIED AN~ DISCHARGEO OF Ou~ RECORD AND THE ORIGIHAL OfFIC1Al DOCUMENT (SUCH AS, FOR INST/1NCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIfIED) SHALL 8E PIACE~ IN THE HANDS OF SAID NIORTGAGEE WIIHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny thereof is not '8 pa~d, satsfied and diuhuged sa:d MORTGAGEE m~y ~t any time pay tht same w any part thereof without wsiving w affetring any option, fien, equity or ' •~qht under or by virtue of this mortgaye and the full smount of each and every such payment shall be immediately due and payable and shsll bear interest ~•om the date thereof until paid at rate of ~ine per centum per annum •nd toyether w~th such interest shail be secured by the lien of th:s morgtaye. ~ ~ _ . _ ~ ~c " ~ - • . .~o ° z ~ r ~ ~.^'.r„A:~a.~ ,a . . _ . ~ w. _ _ .