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Home My WebLink About0005 j~iaSl~ ! ! J - THIS INOENTURE, Msd~ the 1St day of ~~urie . A.D. 19?? betwten Gary 6. Clegg and Patricia J~ Clegg, his wife of St. Lucie ~q~~ty florida, hKein~fta daiynated +a tl+~ "MORTGAGOR;' and FIRST fEOERAI SAVtNGS AND tOAN ASSO~IATION OF fORT PIERCE. a corporation wpani:ed u+d existinp undar tht lawt of th~ United Stat~s of America and havirg its principal plic~ of busin~ss Nf tM City of Fon PiNC~, 51. lucie County, Florida, hereina(tt~ deiipnat~d as tFN "MORTGAGEE." WHEREAS IM MORTGAGOR is juttly indebttd ro ths MORTGAGEE in tM wm of s 20~~00.00 good ar.d I~wful money of the Un~ted Srates advanced by tM MORTGAGEE unto. ~he MORTGAGOR, as evidenced by a certain promiuory note of even date herewith, of wh~ch the followiny in word~ and figvres is s trw copy, to-wit: s20,800.00 ~_3-18.414 Fwt Pierc.. Flwida. June 1~ 19.~_ Fa value received, 1, we w eithe? of us, promise to pay, witF+out defalcation, to the order of FIRST FEDERA~ SAVINGS AND LOAIV ASSOCIATION OF FORT PIERCE at Fwt Pierce, florida, the sum of s 2Os-8~~• w;th interest from date at the ~ate of ?~_96 pe~ annum, in monlhly imtall- ~nents as (ollows: i 154, ~ ISL day of At1qilSt ~ Zq 72 a like sum on the cwre~pondinp day of each month the~e- after vNil the whole be fully paid. E~ch installment fi?st shail be appl~ed in payment of the interesl and then on the unpaid balance of the prindpal sum. if d ault is made in 1he Haymrnt of any installmem when due, and s~ch default con?inues 30 days, then at the option of the holdtr, and wirhovt any other notice, all the remaining ~nstallmenfs shal) be due and payable at once. Vrivilege is given to prepay this note in whole w in parf at a~y time without penalty. Neither iorebear~nte, nor accep~snce by the holder tF+e~eof aftrr any default in any paymenta hereon, shall be deemed extension. A late payment charge of Z 7' il+all be added to each installment remaining unp~~d 7 days after its dw date, and • like sum ihall be added to each such installment remaining unpaid 7 days after each succeedir~g payment date. Each maRe~, surety and endo?xr hereof, jointly and sevcrally, waives demand, presentment protest and notice of proteu fw no~payment, snd f~rther egreca to any extension of time of payment, either before a after maturity, without notice to any of us; and to pay afl costs of collection, includ',ng a rrasonable attorney i fee in the event of any default he~eunder, and he~cby severally waives all benefit ot homestead a~d exemptio~ under the constitutio~ and lawi of each Sute of the United States, ai against ihis obligation o~ ~ny extensio~ w re~ewal hereof. W~tness the hand and xal of each party. s/ Gary E. Clegg ts~AU (SEAt) s/ Patricia J. Cleqg ~Aq r ,~31 _ 20 ) State Revenw ~u (f~an~ Aik~elra3 ~~'-n3M7e 20 800 00 NOW, THEREFORE, ths MORTGAGOR for the purpose of securing paymeM of sa~d sum of S ~ • •nd th~ performance of tM covenann ~nd ~g~eements hereinaiter expressed, and for divers good snd wlwbl~ considenYans, by these prese~+ts, does grant, bar9ain, sell, remi», ielease, ionwy and confirm unto the MORTC,AGEE, ib iucceuors and ~u~yns, all tMt cert~in lot, pieu or parcel of land, situare, lying, and beirg !n the Cwnry of St. LuCle State of florida, dewibed as fotlowi: The North ~ of Lot 22 and a12 of Lot 23, 62ock F, MARAVILLA ESTATES, as per plat thereof on file in Plat Book 8, page ~7, Public Records of St, Lucie County, Florida, W S'i-l~f~°F rLORIU~? v r DOCUM~NYA~ v, STAM~~ X 4 3 ~ = - ~ 3 i 20= ~ F4~~,~;~~ ~F 1~~ ~ o ~ ^>~,;E:l:D , ' rtiY, ~ V CEi~_Oi C[+EKOf . n• •:c l:\!A.~~:E'~•.~ 1'~Fi.~'ilnl P:~'f0'E ~w~•~~~ {~I.~ ',.•i tl ~I-133, ~w~s 1J~ ~7~~ P.~~QO~~z = P~~s,;:~.~' Ta a',a~~_. /,r~ FOfER POliRAS CtFRK CIRGUIT OOtiRT, ST. L11CtE ()0. rogether with all and tinyvlsr the tencmenb, hcreditaments and sppwtaeue~ thereunto belagirg w i~ ~nywis~ appertaininp Therefo, and all r~ntt, iswes. p.oceeds and prof~q ~cvuirg and to +ccrue from said premises, •II of which ue inciuded in the ~bov~ and fatpoenp dewlption ind hab~ndum. TO HAVE AND TO HOID the abow dexribed aed yrs~ted premises urtto the said MORTGAGEE, ib waeafors ~nd ~ui9in fonvtr. Md tM s~id MORTGAGOR for the iz execvtwi, admin;svarors and auigns, hereby oovenants with tM taid MORTGAGEE, its successws ~nd~ asiipro, rhat tb~',,~ are lawfully seized of the said premises in fee simpla; that tM same ue free, ck~r and discharyad from all liero ~nd ~ncwn~ bnnces in Iaw o~ in equity, ind that they W~~~ the ir wurant and d~fend the titl~ eo the sam~ to tlw said MORiGAGEE, in successon snd +uigro, fo~ever against the lawful cl~im~ and demands of ~Il perwro; PROVIDED, AIWAYS tMt if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory not~ Mreinbefwt desuibed tnd a1u1! truly, promptly and fully perform, disd?srye, exccute, compkte, compty with ~~d abide by esch ~nd every the itipulatio~s, ~preements, condiiwm and cov~runts of said promissory rate and o{ thii Mortga9e, then this Mort9spe and the Estste her~by uested shal~ ua~t and be null and void. IT IS UN~ERSTOOD tMt the wad "Morty+gor" whether in th~ s~ngular w plwal a~ywhtre in lhis Mwty+pe, th+ll be sinpulu if ons only and shall b~ plwd jointly snd severdly if more tha~ u+e, and that ths word "their'• ~i ~sed ~nywher~ in tha Matya~ sMll b~ t~k~n to mear~ "his:• ••Mn;' a"its;' wherever the conteit so implies or ~dmits. Also, that whereve+ there is ~ r~f~rence in th~ cavsnanq and pnemenri herein cont~ined to a~y of the partitf hereto, tM s~me ihall bs conttr~ed to rt?ean ~s welt at the heirs, teyd ~tie~t~tivei, sva~ssors and usipm (eitMr volumuy by ~c1 of th~ panies or Fnvoluntary by operatiw~ of tF+e law) of the s~m~ and that the covenants herein cont+ir+ed sMll bind ud tht berwfits snd ~dvantyes i~w~ ro tht respectiw hcin. Ieysl repres~ntstivas, succeaso?s and ~u~ns of th~ puti~s htreto. Md said Mwtyapws. fo. themsetres ~r+d their he+n, I~yal representatives, successors a~d auiyru, f~sr~by jointly ~od seva~lly coven~nt and +yree ro u~d with the uid MOR7GAGEE, its iuccesiws ~nd aui~ra: ~ 1. To pay ~II ~nd sin~ular t!~ principal and i~~stin~ the vsrious ~nd sun~y suRa of mon~y p~yable by virtw of said promiiwry not~, and this : ^+onppe, eath ~rxl ewry. PrompNy on tM dayt't~esp~(.ti~1y tht sam~ Hver~Ily becarM due. 2. To pay all and s~n~ular th~ faxes. ~s~essmenn. Iwies, liabili~ies, obfig+tions and ~ncvmbr~nces of ~very narur~ ind kind now on said dewibed P~oP+rtY, or tlwt hereahM may b~ impos~d, suffKd. P~~csd, levi~d, or a~essad thenon, w tMt h~r~aft~r may be levi~d w~stessed upon thit Mwtp- ~ sge, w ~M ind~bt~dnest sec„red hereby, tach and ~vKy, wMn dw and payabl~, accordinp w law, befor~ ti?ey become d~linquent, ~nd b~ion ~ny int~re~l ! aTtsthlf O? ~ny plMlty i~ i'ncu?red; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII aE PROMPTIY SATISFIE~ AND DISCNARGED OF i RECORD AND THE ORIGINAI OFfICIAI OOCUINENT (SUCH AS, FOR INSTANCE, THE TAX RfCEIPT OR THE SATISFACTION PAPER OffICtALIY ENDORSEQ OR CERTIFIED) SHAII OE PIACED IN THE HANDS Of SAID MORTGAGEE WtTHiN TEN DAYS NFXT AfTER PAYMENT; and in the event thaT any thereof is not paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof without wsivirg a affectirg sny option, lien, puity w ~~qhr under w by vinue of this mo~tyaye and the full amovnt of each and eve?y such payment ahall be immediarely dve snd payabk and s!?alt btar intertst ~.om the date thereof unfit paid ~t rate of nine per ccnlum per annum and roQether wilh such interest ihall ZieR b tM lien of th:s mor~ta9t, a ~'~OL'K P"G~ .J ~~Y 5 ~ y~ ~.s. _ F- : ~ ~-~`n`"-~;° _ . _