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Home My WebLink About2129 IHIS lNDENTURE. Msd~ tF?s `"~"n~~ day of Ju11e A.D. 19 betwetn ~ay 1.'. Burton anc? Lsthc~r L. Buzton, his wife of St . I_UC 1P , Cp~nty Florid~,-hereinafttr designated ~s the "MORTGAGOR," and iIRST FEDERAI SAVINGS ANO IOAN ASSpC1ATION Of FORi P(ERCE, a corpwat~on wy~nized and exiuiny unda rhe law~ of ths Unlted S~a?a of Am~ric+ and having iq principal plac~ of buiinss~ un tM City of Fat Piac~, St. lucie County, Florid+, hereina(~er deipnated as tM "MORTGAGEE:' WNEREAS tM MORTGAGOR is ju~tly indebted to the MORTGAGEE in the aum of ; 10+0~0•n0 , good and lawful mo~ey of the Un~ted S+ates advanced by the MORiGAGEE unto ths MORiGAGOR, as evidenced by a certai~ promiuay note o~ eve~ dafe herewi~h, of which the followiry in words and figures i~ a true copy, to-wit: j 10, 000.00 ~ 3-18, ~?96 ' Fo.r Pisrc.. Flw~da. -_June 22, 1972 ~ ~ For vatue received, 1, we or either of us, promise to pay, withoul detalca~~on, to the order of FIRST fEOERAL SAVIfYGS AND LOAN ASSOCIATION OF ~ t FORT PIERCE at fort Pierce, Florida, the sum of S ¦ w~th interest from date at tAe rate of 596 per annum, en monthly Snstall- menrs as follows: = 81 o~ tF~e 15t day of `1ucJuSt Iq 72 and a fike sum o~ t1+a cwrespond~np d~y of each To~lh there- after uMil the whole be (ully pa~d. Each installment first ihall be appl~ed in payment of the interest and then on the unpa~d balance of the principal sum. If d ault is ir:+de in the Haymenl of any installment when due, and sucF~ default continves 30 days, then at the option of fhe holder, and w'rthout any o~her not~te, all the remain~og ! ;nstallmcnls shail be due and psyable at once. Privilegs is given to prepay this note in whole or in part at ~ny t~me without penalty. Nei~her fwebear~nce, nor accepbrxe by the holder tF+ereof afte~ any default in sny payments hereo~, shall be deemed extc~iron. A late payment charge of Z4' • , shall be added to each installment remaining unpa~d 7 days after its due da1e, and ~ like sum shall be added to each such instaltment remainin~ uopaid 7 days aftei each succeeding paymem date. Each maker, surety and endwun c~reof, jointly and severally, waives demand, presentment protest and notice of protest for rwnpayment, snd fu„her agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all costs ot cottection, includ~nq a reasonable artwney's fee in the evmt oi any default he~eunde?, and hereby severally waives all benefit of homestead a~d exemption under ths constitutiw~ and laws of each St~te of the United States, ss against this obligation or any extens~on or renewal he~eof. Witncss the hand s.~d seal of each party. (SEA~ S Jay ty . Burton cs~?u 15.00 S/ Esther L. Burtrn ~u ( ~ State Reve~ue (S+aw~p- wwcrllei ~w «:gind -r»ro) NOW, THEREfORf, the MORTGAGOR for the r IO OOO OO pu pose of ucuring payment of ssid sum of = s • ~i+d fhe performarxe of ths covenants and ~greemcnts hereinafter expressed, u+J for divers 9ood and vsluable considerations, by these presents, does gr~nt, bar9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, iri successo~s and augns, all that certain bt, piece or p~rcel of land, situate, lying, u~d beinp In ths County of St . Ll3C le State of Flw7da, described a~ followi: Lots 11 an~j 12, Elock S, LAI~'ri'~~OOD ADDITIO~V, as per plat thereof on filp in Plat Book page 6, Public Records of St. Lucie County, Flori~~a , S"IATE a~ t~LUkIUA ` ' DOCUMENi'Ap~ ~ D. 6Q iN r~?rMExt OF T~xES = J ? _ _ ;STANIP TAX RECEIVED i... = JU1127'72 L 4: ~UE ON Cl11SS'C INTA~IBLF PfR90FtR1 PAOPERIY. ~ C? 3 ' f C O O PURSIiANT TO ~~~EER7 POIiRA.ACTS OF 19I1. ` O(ii_ OF lFYEL'YE • ' ~ V ~ ' p.8,1tDt~2 = CLERK CIRCUIT COURT, Sf. L1lC1E 00.. FlA ` ~ i together with sll snd tingular th~ terxmenri, hereditsments and sppurts~ces thereunro befagirg o? in ~nywise appertaininp theteto, a~d ~II ran», iss~es, ; pr«eeds ~nd profits ac«ui~q and to accrue from uid premises, all of which ~re inckidsd in tlrt above ~nd forpanp dtweption ind Mbendwn. TO HAVE ANp TO,HOLD the sbove desvibed ~nd qranted premises unto the ssid MpRTGAGEE, in s~ccessors snd ~iigro forw~r. Md th~ said ~ their MORTGAGOR for he+n, executon, ~dministr~tors and ~uigns, hereby oovenanb with fh~ uid MORTGAGEE, its wccsssws ~nd assipro, th e• a re ~,wf~~~ se~:ed of the a~d ~hat y premista in fee ian e: tMt th~ wme a;, fre~, cte~r and diacF~r P~ yed fran ~11 liens and ~t~cu~ brances in law a in equity, and tMt they w~~~ thei r he~n shall wur.nf and defend rl,. ri~l. ro rM sam. w rM aW MORTGA6EE, itt succcssors snd ~ssigro, fwever ag~inst the Iswful claims ~nd demands of ~II penom; ~ PROVIDED, AlWAYS that if the MORTGAGOR slull p~y vnto tF~e MORTGAGEE the promiuar rqt~ herfinEsefon dacribad and shaN truly, p~omptly ! and fuUy perform, dtscharge, esecute, complete, comply with •nd ~bide by each ~nd every tFie ~tipulatiw~s, a~reements, conditiotn and oovMU?b of said p.omiasory note and of this Mortgage. then thu Mortgsye and the Esrite hereby ueated ~II ceas~ and bt rwll ~nd void. t IT IS UNDERSTOOD tFwt the wwd "Mortgsya" wl+ether in tM sinyular or plwal anywhere in this Mortpaqe, ~iull b~ sinqula if ane o~1y and sheN be plural jointly snd ~everaUy if mwe tF»n o~s, ~nd th~t tM word "their" as ined anywhere in fhis Mwtp~ aFyll be taken to mear~ "his." "hen," w"its;' wherever the context so implies or ~dmits. Also, th~t wherever there is • refarence in tht covenanh and apr~ertknri herein oont~i~d to any of tha panies hereto, tM s+me tMll be cautrued to me~r? ai wetl as the hein, lyal rtpresentativa, waessori ar~d assipro (eitMr volunt~ry by ~ct of the parties w involumary by operatiw~ of the Isw) of the same ~r+d that the covenanb herein cont~ined sMll bind and th~ btnsfiri and adv~ntayp inw~ to ths respettive heirs, I~yal rcprese~tstiva, suuetton and sss~g~ of th~ psrties hereto. Md ssid Nlatgsgors, fa themselves and their heirs, kgal representatives, s~aeuws ~nd augns, hereby joinHy ~nd sevtrally coven+nt and apr~e ro and witF? tM s~id AhORTGAGEE, in successors ~nd ~uigro: 1. To psy all .~,d ,~~~i•~ P.~~,c;P,i and interest and the variovs s~d s~ndry wms of nwney payabk by virtw of said prom;ssory note, ~nd this mort9+ye, each and every, promptly on the days respectively tF~ same severally becan~ d~e. 2. To p~y ~II ~nd si~gular the taxes, auessments, twies, liabiiities. oWgatiwq ~nd sncumbranus of every nature ~nd klnd now on said dexr~ed property, or that herraher maY be impwsd, wffe~ed, placed, kvied, a assessed therew~, a tMt hsreaft~r may b~ levied w aueued upon tfii: Mat¢ age, or tM i~dsbtedness secured h~rcby each ~nd every, wh~n due and payable, accordiny to law, befae they becpn~ delinqw~t, and b~for~ any im~r~sf artachts w any penal~y is incurred; AND IMSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII dE PROMPTIY SATtSFIED AND DISCHARGED OF RECORD AND TNE ORIGINAL OFFIGIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFfICIAIIY ENpORSED OR CERTIFIE~) SMAIt BE PLACED IN THE HANDS Of SAID AAORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof b not paid, s~t"sfied and discF+srged sa:d MORTGAGEE may at any time p+y the same a any part thereof without waiving w sHectinp ~~y option, lien, eq~ity o~ •~qht under or by virtue of thii mortgsge ~nd the full amount of e+ch and every s~ch payment shall be immcdirtely due and pay~bk s~d shall bear inte~qt ~•om the date thereof until paid at iate of n+ne pe? centvm per snnum and logether with suth ptqRes~~~I~(~,~e ~ri~~,~ t~ °f th:s mor9la~. 1 soox :u~,~ ~f - ~ ~ ~ G ~ : ~~'a ~,~r~~~ '*w`x'<,'~ :e''° ^4 -b-~ ~~k ~ ~ . ~ _ c. _ .~'3~;~' , . . . . S.