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Home My WebLink About2288 - 226i80 4. ~ . - THIS INDENTURE. Made the 1? L h day of ~S`; r Ch A.D. 19 72 between Cody L iley and Czrolyn ~ B~iley, his wi~f,e~~ _ of St. j.I1C1@ , County Flaida, hereinaiter desgna~ed as the "MORTGAGO~," and FIRST FEDfRAI SAViNGS AND IOAN ASSOClAIION Of FORT PIERCE, • cwporat~on wga~i:cd and existing unde~ the laws of the Uo~ted S~atos of 7lTn~riu a~ having it~ p~incipat plsce of bus~ness in ths Ciry of Fort Pi~rc~, St. lucis Cov~ty, Flwida, he~einafter desiynared ai the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly iodebtad lo tha MORTGAGEE in the sum oi = SOZOOO. 9~ ~awful money of the Un ~ed Sr;~tes advanced by the MORiGAGEE unto !he MORTGAGOR, es eridented by a tertain promisswy note of even date herewitF, of wh:ch the iollov.•ing in ~ ~.ords and figures is ~ nw copy, 1o-wi1: • 3 f=~0 , ~QO. 00 ~ 3_ 18 , 100 1 ~ ' fort Pierce, Ftaida, 'N`~ X Ch ~ 7~ 19 7` fw value received, I, we or either of us, promiu to pay, without deislcat~o~, to fhe ordrr of FlRST FEDFRA~ SAy1NG5 ANO LOAN ASSOCIATION OF FORi ptERCE af Fat Pierce, florida, the sum oF S 5O2 ~p with infe~esf from date at the rate of per annum, in monthly insiall- menrs as fo~!ows: j 362.~n ~ ZSt ~Y oF tit~)' ~q_7?_ and a tike sum o~ the correspond~ng day of each month tlxre- after until the whole be ful!y paid. Each installme~t (irst shall be applied in paymcnt o1 the interest and ~hen on the u.+pa~d balance of ~f.~• princ:pa( sum. If d autt is made i~ the F ayment ot any installmtnf when due, and such default conlinues 30 days, then st the optioo of the holder, and without any ~rher not~ce, all the ~emain~ng ~~~s~atlments shall be dus and payab~e at once. Privilege is g~ven to prepay this note in whole or in part r~ any t~me without penalty. Neither fwebearance, nor acceptance by tFx ho1~ thereof after a~y default in any paymtnts hereon, shall be deemed extension. A'ate payment tharge of 5-18, 1O shalf be stided to each instaitment remaining unpaid 7 days sfter its due date, and a leke sum shal! be added to each s~ch instaltment remaining unpaid 7 days aftrr each succerding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest tw nonpayme~t, and further n~rees to any extensan of time of payment, tither before w a(ter maturity, wirhout not~ce ro an/ of us; and to pay all costs of collection, includ~ng a .resonable attorney's fee in the event of any defauh hereunde~, and hereby severally waives all benefit of homesread and ezemption under the constitution a;~d laws of each Sfate of tF~e United States, as against this obtigatian o? any extens~on or renewaf hereof. Witness the F~and and seal of each party_ S o y L. e ~A~~ 0 (SEAL) ~ rolyn _ a~ @)~ ~A`~ S 75• 0O ) State Revenve i~amps esnaMrd~+a~gkwl-no~e} NOW, 7HEREfORE, the MORTGAGOR fw the purpose ef scc~ring psyment of sa~d sum of s 5Q ~ DOO _(~O ~ ar+d the pcrformance of ths covenants and sgreements hereinafter expreued, and fw divers 9ood and valuable cons~derationa, by these presents, doea grant, baryain, seft, remi:e, re~ease, convey and coofirm unto tl~e MOR7GAGEE, its svccessors and assigns, all that certain lot, piece w parcel of land, aituate, lying, snd being in tM Counly of St . LuC 1 Q and Stste of Fbrida, desvibed aa followi: :.ots 12, 23, 24, 15, 16 and Lot 17 LESS the North 44 feet of Lc+t 17, Block SO, ~1YD ALSO Lots 8, 9, 10, 11, 12, 13, 14 and 15, B1oCk 1C, all in SAN LUCIE Pt.AZA, ~'nit #1, as per plat thereof o~ file in Pl~t Book 5, page 57, Public Records of St. Lucie County, Florida, ? S ; t : ~ S~~~ai'~~Fr=LUR1Ua ~ ~ c.:c~~f:~!ra~. . T;,=- -J~ 11iR24'72 ~`y~? ~r~ a ~J ~ ~ _ FEC!-a~~~ ~--L .i' N ' ~ _ . ' Ct1 - - - ~k A.4 AEM ~ i=-r~.U~ r_=tt,+_~t ' awl J _ D'uE ~ri:S ~y: , r,, Y! T Of LU(F~' , P9.~9o~cz _ - - PuesWu~T ro c.~a ~F~,. _ . ~ ~ ~~r~ { - PI ER 7I•134, ACI~ OF ~i ~ ~~S C~ark Cirmlt 1971. /h~~ . ' ~~~eCa.f13. i i togethe~ with all snd singular the tenements, Fxreditamenb +nd appurt~nces thereuMO belonging w in anywise ~ppertaining tF?ereto, snd all rents, iuues, ; proceeds and prof~ts ~ccruing and to accrue from said prem~ses, al! of which a~e 'rncluded in the ~bovs and forcgoing deu?iption •nd habendum. S TO HAVE AMD TO FlOID the above deu~~bed and y~snttd premises unto the said MpRTGAGEE, ifs svccessors snd assigru fweve~. And tF» said their ~ MORTGAGOR for hein, exec~tors, administratora and asaigns, hereby covenants with the ssid MORTGAGEE, iri successas and ~uipro, ' ~ha, _ they are ~~„r{ully seized of the said prem~ses in fee simple; that the tame ar~ free, de~r •nd ~xhsrged from all liens ~nd encvm~ ' branccs in law or in equity, and that they W~~~ their heirs shall warrant ~nd defend the title to the same to the iaid •~AORTGAGEE, itt svccessws and assiyns, fwever sgainst the lawful claims and demands of stt persons; PROVIDED, AlWAYS rMt if the MORiGAGOR shall pay unro fhe MORTGAGEf the promistory note he~einbefore described snd thall truly, promptly and fully perform, d~xha~ge, execute, complete, comply with •nd abide by each and every the stipulstions, ag~eements, conditions and corenantt of taid prom~ssory noM s~d of this Mortgage, then thit Mutgage and t!M Estate hereby ueated shall usse snd be nuli and void. 'r IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular w plural anywhere in rhis Mortgage, shall be tingula~ if ons only end shall be plur~l joinlly and feverally if mwe thsn one, ~nd that the wwd "their" ss uscd anywhere in this Mortyage sMll be taken to mean "his;' "hers," or "its," wher~ver the context w implies or sdmits. Also, that wherever there is s ~eference in the covensnts and ayrecments Fxrein contained to ~ny of ihe p~?tiq hereto, fhe s~me thatl be construed to mean a~ we!! as the heirs, ley~) r~presentstives, successws snd assigns (either voluntary by act of the ~ parties w involuntary by oper~twn of the Isw) of the same and that the covenants hertin contained shall bind and the be~efits and advantagq inur~ ~ +o the respeNive hein, lega! represeotatives, successors and su'gns of ihe panies hcreto. ~ And ssid Morfgagors, ~w themsetves and their heirs, legal represenrativet, iuccessas and assigns, hereby joimly snd severally covena~t and ayree fo and wirh the said MORTGAGEE, its successai ~nd ~ssgns: O 1. To pay all and sinyular t1x princip~l and interest a~d the various and sundry sums of money payable by virtue of said promissory note, and this ' mortyaye, sach ~nd ~very, promptly on tFr dsyf respectivefy the ume several(y becane due. A' ~ 2. To p~y •tt ~nd sinyvl~r the taxes, sssessments, tevies, liabilities, obl+qation~ and encumbrances of every nature artd kind ~ow on said described v~ Property, p that here+ft~r may be impo~ed, suffaed, pl~ced, levied, or assessed thereon, or ths~ here~iter may be levied a esscssed ~poe~ thp MwtQ- «O age, a tl+~ indebtedness secured hereby, each a~d every, when due and peyable, ~ccadiny to law, before ~hey become delirpuent, ~nd before any inte~e~r Q~ attaches o~ any penalty is incurred; ANO INSOFAR AS ANY TNEREOF IS Of RKOR~ THE SAME SHAII 8E PROMV~IY SATISFIEO AIVD DISCNARGED OF RECORO AND THE ORIG{NAl OFFICIAI L10CUMEKf (SUCH AS, FOR INSIANCE, THE TAX RECfIPT OR THE SATISFACTION PAPER OFFtCIAIIY ENDORSEO ~ OR CERTIftE0) SHAft 6E PtACED IN TME HANOS OF SAID MORTGAGff W17H~N 1EN DAYS NFXT AFTER PAYMFNT; and in the evem that any thereof is not paid, sat sfied ~nd dixharged sa'd MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affectin9 any option, lien, equity p •~aht under or by virtue of this mortgaye and the full amount of each and every such payment shall be immediately dve and payabk and shall bear interesr i.om the dalt rhes~f until pa;d at nte of mne per ce~tum p~r annum a~d together w+rh svch interest shall be secured 6y the lie~ of th's morgtage.