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Home My WebLink About1997 ~3~1ti4 ~ ?HIS INDENTURE. Mad~ the 23Zd day of JUI1C A.O. 19_~. betw~se? Ra D. Howe and Diann H. Howe his wife of $t . ~.liCie County Florida, haeina(t~r designa~ed as the "MORTGAGOR," a~d FIR51 FEOERAI SAVINGS AND IOAN ASSOCIA?ION OF fOR? PiERCE. • corpaat~on orpani:ed and existinp unda tM laws of tM Un~ted St~t~s of M+e~ica ~nd h~vinp its principal pl~c~ of busirNis in ~M City of Fwt Piac~, St. luciw County, Flaida, hs~~inafter dKigoat~d u tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is jv~tly indebtad fo th~ MORTGAGEE in 1Fa sum of s 1 O~ OOO • good and lawful monty oi IF~e United Srarei advanced by tl~s MORTGAGEE umo ths MORTGAGOR, ss evidenced by • cer~a~n promiuary note of even date herewitb, of which the followinq in wordi a~d figures is a tru~ copy, to-wi~: =SO,000.00 ~ 3-18~Q98 ~o.~ P;..~.. Fia;d,. June 23, ~y 72 Fw value received, 1, we w eithe? of us, p?omiss to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AN~ LQAN ASSOCIATION Of FORT PIERCE at Fwt Pierce. Florida, ~he sum of s30• O00 i~ w~~h interest from dste at the rate of7._a.~~46 per +nn~rt4 in monthly instalb ~r+ents as fotlows: i ~5 on the lSt day of AuQUSL ,~q 72 and • like sum on the cwnspondinp dey of each mo~th there- after until Ihe whole be fully paid. Each installment first shall be app~~ed in payment of the interest ~nd ihcn on the unpaid balance of the prinNpal sum. If d ault is made in 1ha payment of any installment when due, and such defauh continues 30 days, then st the option of the holder, and without sny other notice, sll the remsining ~nstallmcnts shall be due and payable at once. Privilege is given to prepay this no~e in whole w in p~rt at sny time without penalty. Neither faebearance, nw acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment cMrge of S d•~~ shall be added to each ir+staliment remainirg unpa~d 7 days after its due date, and a like sum shall be added to esch such installmeM remaining unpaid 7 days aftet each succeeding payment date. Each maker, surety and endwse? hereof, jointly and severally, waives demand, p~esentment protest and notice of protest fot nonpayment, and further agrees to any extensiw~ of time of payment, either befo~e w after maturity, without notice to a~y of us; and to pay all coats of collection, inclvdiny a reasonsble attwney's fee in the eve~t of any default hcreunder, and hereby :everally waives alI benefit of homestead and exemption ~~der the constitution and laws of each State of the United States, as against this obl~gation ot any eatension or renewal hereof. . Witneu the ha~d and tcal of each party. s/ Ray D. Howe ~wU cs~?u s/ Diann H. Howe ~U (SewU ( ~15.00 ) State Revenue (lrampclrowtl~d ~c ady~at~now) „9 ~y,,, 10. 000. 00 and tM ?form+nce of th~ NOW, THEREfORE, the MORTGAGOR for the r of securi ent of said ~um of i P~ covena~ts ard agrecments hereinsfter e:pressed, and fw divers good end valu~ble considerations, by these presenn, does grant, barysin, iell, rcmise, release, convey snd confirm unto the MORTGAGEE, iri wccesson and +uigns, all that ceruin bt, pieoe or putel of land, tituate, lyinp, and beinp in ths ~~~~y St . L11C le and Sate of florids, dewibed as fdlowi: Beginning at the Southeast cornez of Lot 1, Block 1, of M. E. I aY~~~"~i~~~~~~~~ GOLDSMITH'S ADDITION to the City of Fort Pierce, Florida, as ~ O ; p recorded in Plat Book 2, page 6, Public Records of St . Lucie ; ' ~r, ~ ~ o ~ ~ County, Florida; froQ thence run West along the North boundary ~p ~ ~ f~ C 'Z ~ ~ 7~ n ..o, ~ ~ ~ .r;,;~` ~ of Orange Avenue, a distance of 100 feet to a point of beginning; ~ y ~ ` ~ : ~ ~ Z O `""'W ~ from thence run North along the West boundary of Lot 2 a distance p ~ ' ~ $ ~ ~ G ~:1 ~ W N ' oP of 155 feet• thence run West a distance of 65.14 feet; from thence ~~iiiiitillltaa =un South a distance of 155 feet; from thence run East a distance ~ ~ e~ ~ 8 a,1Nf10~ = ; ° ~ ~la~l ' j$ of 65 feet along the North boundary of Orange Avenue to the point ~ ~ z~ ~ ~ of beginning; ? ; togetMr with all ~nd si~gular the tenements, herediamenn and appuNSnces therevnro belagirg w in +nYwis~ appertainirg thereto, and all r~nri, issuts, proceeds and p?of~n +cuuing and to accrue from ssid premises. •II of wFiKh ~rs inclvded 'a~ the sbov~ snd fwaQoinp d~scription ~nd h+bendurn- TO HAVE ANO TO HOW the above described and 9rsnted p~emises unto the s+ed N10RTGACsEE, its svaessws ad +ssipro forewr• Md tM s+~d MORTGAGOR fa t he i r tie;n, execvton, sdminiitrators and •u'igro, hereby cove~+ts with ths ~aid MORTGAGEE, its ~uaesson u+a assipn~. ~ rhat the-Y- aIe Iawfully seized of tF+e ssid pemises in fes wnple: tMt tFw surN ar~ frK, clear and dischupad fran ~II liens and ~ntun? brsnces in Iaw w i~ equity, snd thst they will and theiY hein sMll warrant and def~nd tM titl~ to th~ sam~ ro th~ taid MORTGAGEE, ib successors snd ~uigni, fwever ~ysirat the lawful clirns and demands of dl p~rwra; PROVIDEO, ALWAYS tMt if tF~ MORTGAGOR shall pay unto the MORTGAGEE the promissory note Mreinbefor~ dexrib~d and ~h+ll ttuly, promptly and fully p~rfwm, d7sch~rpe, execu~~, comptete, comply with ~nd sbide by each ~nd every the stipulatioru. ~yrKrt~enn, conditions snd covenanb of s+id ~ prom~ssory note and of this Mwtgage, then this Matya9e and the Estate hereby created shall ua~e and be null and wid. r IT IS UNOERSTOOD that t1+e wo?d "Mo+t9+9oi' wFxther in tlw singular w ptural anywher~ in this Mortpsy~. ~MII b~ Hnp~la if oex only and ~ sh~ll be plural joimty and severally if more tl»n on~. ~nd tMt the word "thei?" as used aoywhere i~ this Mwtsape sh~ll be t~ken to m~an •'his,•• "Mn•• 0 w"iri:' wherevd the context w implies w~dmits. Abo, tFut wherever there is s reference in th~ taven+nn and apr~emenri hertin ooM+in~d fo sny of ~ rhe p~?ties hereto, the ~ame sMll ba corutrued to me~n as well ~s the hei?s, ky~l rspresentatives, wccsswn ~nd auqro (~ither voluntary by act of tl» Parties or involunt~ry by oper+tion of the law) of the same a~d thst the covenanq herein contained sh+ll bind u~d the b~n~fits and ~dv~ntapea inw~ ~ ro the rsspectiw hein. ~e~sl repreuntatives, successors and sss~g~s of th~ p+rties heroto. ~ /?nd said Mwtgagors. fo. thcrosetves and their heirs, legal represtntatives, succeswrs and assiyns, htreby jointly a~d ~tver~lly cov~nt and ap~st to and with the taid MORTGAGEE, its svccessors u~d auiQra: ~ 1. To p+y dl and sinQul+r tF~ principal and interest a~d th~ wrian and sundry sums of money pay~ble by virtue of said promiuory note, and this mort tach ~nd ev om tl on tFr days res rvd tM same sev~ralf become due. ~ 9+~. KY. P~ P Y P~~ Y Y ~ 2 to pay all ~nd sinyular the taxel:~ assessmenb, kv~es, liabilities, obligaY~an and ~ncumbraeKes of every Miwe and kind now on said described property, or thaf hereafter may k» imposed, suffered, plxed, levied, or asussed thereon, ot tMt here~fta may b~ levi~d w asessed vpon this Atiort¢ ag~, or tM i~debtedneu secv~ed hereby, each and erery, when d~+e and payabk, aaadirg to law, befor~ tF~ey becore~ delinqueM. ~ bffW~ My ~f1tNlft r attaches w any penally is ir+turred; AND INSOfAR AS ANY TMEREOF IS Of RKORD TMf SAME SNAII SE PROMPiIY SATISFIED AND OISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SIKH AS, FOR lNSTANCE, THE TAX RKEIPT OR THE SATISFAC?ION P/1PER OfFIC1AlLY ENDORSED ~ OR CERTIFIED) SMAII EE PIACED IN THE HANDS OF SA1D MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; s~d in the eve~t tMt any ther~of is no1 paid, sat'sfied and dixharged sa:d MORTGAGEE may st any time pay ihe same or sny pan rhe.eof without w+iving or affectinp any option, lien, equify or ~~aht under w by virtue of thii mongsge and the fuU ~mount of each and every such payment shal! be immediately due and payable and shall beu iniaest ~.om the dste thereof until paid at rate of nine per centum per a~num and toyether v~hR 1 shall by the lien of th:s morytaye. ~ BUtt±c~ PAGf ~ : . j 5 ~ ~ ~ r ~ _y'~~'~`~~ ~ "y~ _ - . I y ~ ~ . . ' . .~~~'c~''~:c _ . .