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Home My WebLink About1999 i~:Si~1iG:) THIS INOENTURE. Mad~ tl+e ~3~ d~y oi June A.O. 19 72 betw~en G F. E11WOOd and Janice F. Ellxood his ~rife of ~t. Lucie ~ County Florida, hereinaftN des~g~ated /M "MORTGAGOR;' snd fIRST fEDERAI SAVINGS AND IOAN ASSQCIATION OF FORT PIERCE, ~ cwpora~ion orpani:ed and exi~tiny undK tM law~ of tM U~ited St~?N of Americ~ aod havtnp i1s principal pl~ce of bu~iMSS in tM City of FoA Pieres, Sf. luci~ Cou~ty, Florida, h~~einaft~r dei~yeated +s tM 21~OR~ZT~ E~ WHEREAS IM MORTGAGOR is jvttly indebted ro tM MORTGAGEE in the tum of = t~~ • , go~id +nd l+wful money of the United States ~dvanced by ths MORTGAGEE unto the MORTGAGOR, as evide~xed by a catain promiuory note oi even date he~~witF, of which ths followi~p in wordi ~nd figure~ is a trw copy, to-wit: 6-~ 8~ ~9? : 28,200.00 June 23, ~ ~v Fort Plau, Flwida, Fa value received, 1, we w either of us, p?om to y, withoul defalcation, to the order of fIRST FEDERAL S~VI~GS AND LOAN ASSOCIATION OF FORT PIERCE at Fat PiNCO, Fbrida, the sum of s 2~~2~~~ with intere~st from date at the ~ate of 96 pe~ annum, in ma+thly initalb ments as foltows: Z 2~•~ on the ~ st day of Au~uSt , lq-i-'_-- and a like wm on the cwrespondinp day of each manth 1lxre- afrer until the wFwle be fully paid. Each installment lirst shall be spplied i~ paYmem of the interest sr?d thcn a? the unpaid balance of the p~irxtpal sum. If d sult is msde 1~ ths payment of any installme~t when due, and such defautt continues 30 days, then at the opti~n of the holder, and without any other notice, all the remaining ~nstallmcnts shall be due ant~ payabk at once. Priviteye is given to prepay this note in whole a in parl at ~ny time without pe~aly. Weithe? (K~bearance, nor acceptance by the holder thereof site~ any default in any psyments hereon, shall be deemed extension. A late payme++t charge of f~~•[l• ~ added to each ins1a11rtxM remaining unpaid 7 days aftq itt due date, ~nd s like sum shall be added to each s~ch installment remainirg unpaid 7 days ~fta each succeeding paymenf date. , Each maker, surety and endorxr hereof, jointly and severally, waives dcmand, presentment protest and notic~ of protest for nonpaym~nf, and funher agrees to any ezfensio~ of time of payment, either before or aiter maturity, without not~ce to sny of us; and to pay all costs of collecta~, inciudinp a reasonabb attorney's fee in the event of any default hereunde~, and hereby severally waives all benefit of homestead and exemptio~ under the constitutan a~d laws of eath State of the United States, as against this obligation or sny exteniwn o? renewal hereof. Witoe~s the hand and seal of each party. s/ Gary F. E11WOOd ~y (5~?U s Janice F. lKOOd ~y cs~?u ~ $l~ • 30 ~ sfate a~~«?,x ~p~1M~~~~1~ 2 8 ~ 2 ~ . ~ NOW, THEREFORE, tF~e MORTGAGOR fo~ the purpos~ of securing payme~t of said wm of s +nd tFw pe?formance of ths covenants and ~graements hereinafte~ expressed, and fw divers good and v~lwbl~ consideratiwis, by these presenn, does grant, b+ryain, sell, remiie, release, convey and confirm unto the MORTGAGEE, ib sutcessors and ~uigns, ~11 that tert~in bf, piete or parcel of land, situat~, lyin~, and beinp in ths Coonty of $t. . I.ucie and St~» of Flwids, dewibed as, fdloMrs: Lot 16, SHERWOOD ACftES, U1JIT ONE, as _per pla~ thereof on file in - Plat Book l~t, page 1~3, of the public Records of St. Lucie County, Florida,.~ ~ _ : ~ FLORlUA ' Sl'A I" ~ oF ~ v ~ DOCUMENTA°,. ,,,STAi?~_ AX ~ ~ _'AlN2b'n ~~s 2 3 O ~ y G IN PA~~ ~ TAXB ~ c°~ = 4 = - ~ ~ N DEi~.BF LEMEkUE ~ ~ ~s 'ri ~ 19~1.~ ~ P.B.19p112 ~ to t~1114'iER 71•134. 1~ ~ ~T ppGER POITRJIS ~ ~ G~UI? OOURY. St. U1C~E G~~ ~ i togetFw w~th all snd singular the tenemenn. hereditaments ~nd appurtances thereurno belongieg a&? anywi~e apperbinirq ther~to. +nd dl r~nri, iuws. prxeeds and profin accruing and to aurue from ssid premises, all of which ue included ~ th~ ~bov~ +nd forpoirg description and habendum. TO HAVE ANO T~j F1plD tM above described and y~snred premises unro the sad MORTGAGEE, in suaessors +nd ~ssipns for~wr• Md th~ wid MORTGAGOR for t"_elr t~~n, execvtas. +dministr~ton ~nd auigro, hereby cown~nts with tht ssid N10R1GAGEE, itt wocessors ~nd aaiptn. 'z ihat t~--Y are lawfully seized of the said premises in fee simples that tF~e sama u~ frN, clear and dischar~ed from all liK?s and ~ncun? ~ brances in Isw or in eqvity. and tMt t'h@~ will and their heirs shall wur~nt and d~fend tFr title to tM sam~ to tlr s+id MORiGAGEE, its successors and ~uiyns, forever ay+imt the I~wivl daims snd demands of all persons; ~ PROVIDED. AlWAYS th~t if tl+~ MORT6AGOR shsll pay unto the MORTGAGEE th~ promhsory note hertinbefot~ dtwibed and sh~l) m1Y, promptly ~ and fully perfwm, d~stMrye, exetute, compkte, comply with a~d abide by each a~d every the stipulations, ~gnemenn, ootxlitaro and cov~nann of ~aid ~ promissory note and of thia Mortgsye, then this Mwty+ye snd the Estste hereby veated ahall ceas~ and b~ null and void. ~ - IT IS UNDERSTOOD that the word "Matya~w" whether in the singular w plwal anywhert in this Monyape, shall b~ sirqvlar if on~ only and ~ shall b~ plural joiotly and s~verdly if mor~ tMn one, and that th~ word "their" as vsed ~nywhere in this Mwt~spe shall be taken ro mean "his,•• •'Mn•• ~ or ••its:' whe?ever tM conte:t w implies or edmits. Also, thst wherever ther~ is a r~ferenu in rhe co~n~+a~n .~,d ayraemenn he.e~n co.~t+~n~d to any of ~ the pa.ties hereto, the sam~ sMtl bt consnved to me~n ~s well as the Aein, kysl r~present~tives, successon ~nd usipro (eithK volunt~ry by act of tht parties a inroluntary by operstion of the law) of the same and th~t the covensnts hsrein conuined sh+tl bind and the benef~t~ ~~d advantay~s Inw~ ~ io the. r~ipective hein, leyaf represent~tives, sucusson and ~u~~ of tM pa?ti~s Mreto. ~ And said Mortga~on, for tF~emselves and their hein, kyal reprssenutives, successon and assipro. F+ereby joi~tly and kvsrally covenant ~nd yne ' ~ ro and with the ~aid MGRTGAGEE, in i~ccessors and assigns: ~ 1. To pay all and sinpul~r the principal and interest snd the v~riovs and wndry wms of na~tY paYabl~ by virtw of said promiuwy not~, and this ~ mortyape• each and ~very, promptly on the days respectively th~ same sewrally bac«ne dw. ~ 2 To pay ~11 and sinyvlsr the tsxes, asssisments, levies, liabilities, obliyations and encumbranus of every n+tw~ ~nd klnd ~ow on s+id datrib~d prop~rty, or tMt hereaha may b~ imposed, suffereA. P~+ud. Iwied, or ~sssswd ~hereon, a tMt her~ah~r msy k» Iwi~d a assessed upa~ ti~b Morp- ~ aye, a th~ ird~bt~dness securcd hereby, esd~ and evKy, when due and p~yabk, aocwdinp ro bw, btfwe tMy becan~ delinqu~nt, and b~fon aey intaat attaches w a~y ptnalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SMAII 6E PROMPTLY SATISfIEO AND DISCFlARGED OF ~ RE~ORD AND THE ORIGINAt OFfIC1AL ~OCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RE~EIPT OR THE SATISfACTION PMER OFfIC1AlLY ENDORSED i OR CERTIFIED) SHALL EE PtACED IN THE MANDS Of SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ti?e eva+t thaf any thereof a nw ~ paid, sat'sfied and discharqed sa:d MURTGAGEE may at any time psy tF+e su+x or any psrt the?eof witho~t w~ivirg a~ffectinp u?y option, litn, eqvity or .~qht vnder o~ by virtue of this mortgaye and the full amount of each and eve~y wch payment shall be immediately dve and pay+bk and shall btar interat ~ kom rhe date the?eof until psid a~ rate of n~~e per cenrum per ~nnum and royether wrth sucb i~er be sec j~ lien oi th:a mwpta~_ BUOt( i'AACf ~1;~ ~"}°5 ~ ~ ~ ~ ~ „,~J-.. , I ` ~y.~'c~~~.~~ 3r.~ . ~'s ~ ~a~'^,: ~ . : _ a ~~.a~?~-.^.'". ~ 4