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Home My WebLink About0301 : 2330~0 THlS INDENTURE. Mad~ the_ 7th day of JulY ?iQ; A.D. 19 72., betws~n l~vin Ross and Carrie Ross,~ his wife of St. i.ucie Ca?nty Flwida, hereinafte~ detig~ated as ihe "MORTGAGOR;' snd fIRST fEdERAI SAVINCsS AND tOAN ASSOCIpTION OF FORT PIERCE, a capaation orp~ni:ed and existing undec ~M laws of tM United St+t~s of AmKka and havinp (ts principal pl~n of buiineu lo th~ City of Fort Pi~rce, St. Luca Gaunry, ftorida, F+ereinafier desipnst~d is ths "MORTGAGEE:' ~ WHERENS 1hs MORiGAGOR ts ju~tly Indebfed to ths MORTGAGEE in the sum of = 1 000• ~ , good ~nd Iawful money of the Un~ted Srate~ advanced by the MORTGAGEE unto the MOR~GAGOR, as evidencrd by a ca~ain promisso~y nols of eve~ date herewith, of wh~ch ths followirg tn words ~nd figuret is a tr~e copy, to-wit: 4 s10,000.00 ~_3-18,548 j ~o.~ P~e.~., Ft«;d~, Ju1v 7, ~q 72 f Fw value received, I, we or either of us, promise ta pay, without defalcatio~, to the orde? of f~RST FEDERAL SAVIlV(f$ AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pie~ce, florida, the sum of S-~.~00~ _ 00 w;th interest trom date al the rate of ~ pe~ annum, in monthly instalb j ments as follows: = g3 - 00 1S t day of .Szl~teIDb@r , 19_L_ and a like sum on the corrospondinp day of each month therr ~ after until the whote be fully paid. fach instaltment fint shal! be applied .en paymenf of the interest snd ~hen on the unpaid balance of the princ~pa) s~m. If d ault q m~de i~ the payme~l of any installment when due, and such defautt con~i~ues 3p days, then at the opti~ of the holder, and without sny other notice, all the remaining ~nstallmenls shall be due and payable at once. Privilege is given to prepay this r+ote in wlale or in part af any fime without penslty. Neitlxt fwebearance, nor acceptance by ttx hotder thereof after any defavlt ie any ps~ments hereon, shall be deemed extension. A Iste payment charg~ of s 4.15 sMll be added to each instsllment remaining unpaid 7 days after ib due da1e, and a like sum shall be added to each such installment remaining unpaid 7 days after each su~teeding payment date. Each maker, surety and endwser F?ereof, jantly and sevcraNy, waives demand, presentment protcs? and notite of protest fw nonpayment, and furthe~ agreea fo any extansion of time of payment, either be(ore or after maturity, without notite to any of us; and to pay all costs of cotlettio~, includinp a i reason~bk attwney's fee in the event of any defautt Fxreunder, and hereby seve?ally waives all benefit of homestead and exemption under the caatitutiw~ and laws of eath State of ths Unired S/afes, as aga;nst this obligation w any extension w renewal hereof. i Witness the hand and ual of each party. s/ Marvin Ross ~U (SenU ` s/ Carrie Ross ~ ( 'Sl s • ~ ) StaM Reve~ve ~U (6t s~e aooslied aoa ad~pt~) NOW, THEREFORE, the MORTGAGOR ftx the purpose of securi lO O~ ~O y~~ ~rformance of tM ng p~yment of isid wm of i , . covenants ~nd a9rasments hetein~fter expreued, and fw divers good and valuabk conaide+atiorx, by theie prtstnts, does gr~nt, barysin, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and assigns, all that tertain lot, piKe or psrce) of lar?d, situate, lying, and bein~ in ths ~~~h ~ St . LUCle and Stata of Florida, described as folbws: The East ~ of Lot 16 and all of Lot 15, Block 1, MAGNOLIA PARK SUBDIVISIO?V, as per plat thereof recorded in Piat Book 9, page 27, of the Public Records of St. Lucie County, Florida, . S"TA~T~ aF F1. RI UA T ~ F- DOCUMENTAo" STANiP T1lX - , ~ Z - Yf = e ~ ~ ' ~ ~K 11~" ~ ~ ~q 0 - ; t 5 0 0- ~ s.~~1L_._ ~N ~~?r~art af r,ua~ H DEiT.OF I[~EA[ . _ ~u~ P. B. ~vo~~: _•s___,______. DuE 011 ClA4.S'C q1u1NC~Bti aE~~oe1AL rlbOrEY~, pW~WIT ip p{Ar!~!t 71•134. IIiCiS Of ~lll. IIOGER ~OIfR11S ~ CLERK E11eCUR OOURt, St. L~ICtE 00, FLA together with ~II snd singular fhe teneme~b, hereditaments and appwtanccs therevnto belongin9 w in ~nywise spperfainirg thereM, ~nd ~II renb, Iuws, proceeds and ptofiri atvuing and to acwe from si~d premises, al{ of wli~h ue included in th~ abov~ and forepoinp dewiption and habendum. TO HAVE AND TO HOLD the sbove dewibed ~nd g~snted prcmises unto tF?~ said MpRTGAGEE, in successors ~nd assiym forever. Md th~ said MORTGAGOR for their ~~~s, exec~tors, administutors ~nd suig~s, hcreby covenanri with the said NWRTGAGEE, ib suaesson ~od asslpm, fhar thev are ~~,,,fully se~:ed of rhe said p.em;sei ;n fee simple; tl+~t tlw sama ue iree, ckar and discharyed from all lieru and ~ncum- brances in law w in eqvity, and ~hat_ thEy s~ their hein slull wurant and defend the titk to tht sarrw fo tM said MORTGAGEE, in succeuon ~nd assigru, fwever agains! the lawful claims ~nd demantb of all perwns; PROVIDED, AlWAYS that if the MORTGAGOR shatl pay unto the MORTGAGEE Ihe promissory note hereinbefore d~sttibed u~d shall truly, promptly and f~lly perfwm, discFwr~e, exet'ute, tomplete. comply with ~nd sb~de by e+ch a~d every the ~fiputations.-agreement~, tp~litiot~s and oovtnanq of said p.omissory nots and of this AAonpsge, t1Kn this Nlortgage and the Eatate haeby veated shall uaie and be ~ull a~d void. IT IS UNDfRSTOOp th~~ the word "Mat9~gor" whether in the singulu w plvr~l ~nywhere in tbis Mongaye, shall bs si~ular if on~ only and shall be plural jointly and severslly if mae tM~ one, and that the word "the~r" ~s used ~nywh~re in this Mortqa~e shall be taken to mean "his;, „hen,,~ w"in;' wherever the context so implies d admits. Also, thar wherever there is a refaence ir? th~ covenar?ts and apreemenq herein oont~irnd to ~ny the parties hereto, the same sh~ll be construed to mean as well as the hein, kgst representative~, succeuors and auigns (~ither voluntary by act of t parties w involunt~ry by operatiw~ of the taw) of the ssme snd that the covenanr: herein contained ahall bind and the b~nefits ~nd adv~ntsp~s Hwr~. 7 i o t h e r e s p e c t i v e h ei ~s, t e ga l rep~esen ta tives, successors a ~ d au~yns o f t h e p~hies hereto. Md said Mortg~gon, fa themselves and their heirs, Iegal represent~tives, succeuors a~d ~uiyiu, hereby jointiy ~nd sevaally tovtn~nt ~nd pne a u to and with the said 1NORTGAGEE, its successon and assigns: 1 1. to psy alt a~d sinpulu the principal u~d i~terost and the wrious ~nd wndry sums of moray psyible by vinw of said prom;uory rate, and tha mat9+ye, e+ch ~nd wery, promptly on the d~ys rapectively tF~e s~me severally becprw due. 2. To pay all ~nd singular the t~xes, asseumenn, levies. liabilities, obliystions ~rd encumbrances of every natwe snd kind now on p;t! desuib~d~ Prop~rty, a th~t hsreafter may be imposed, ~uffered, pt~ced, levied, o~ assessed thereon, a that here~fter m~y be lwied a~sHSSed thy Mor~p. age, w tM indsbtedneu ~ecurcd hereby, esd? ant! every, when due and psysbk, accordinp to law, befor~ they become delinquent, and bsfon ury im~at oco attaches a any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PRO1NP1lY SATISfIEO AND DISCHARGE~ Of» RECORO AND THE ORIGlNAI OFF1CIAl DOCUMENI (SUCH AS, FOR lNSTARICF, THE TAX RECEIPi OR THE SATISFACTION PAPER OFfICIAtIY ENDORSEO OR CERTIFIED) SMAtI BE PtACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~~d in ihe event that any thereof is not paid, sat'sfied and discharged iaid MORTGAGEE msy at any tirrK paY 1FK same w any psn Ihereof without weiviny w affecting any op~ion. Iien, eqvity or ~~qht under a by virtue of this mortgaye and the full amo~nt of esch and every such payment shall be immediately dve and pay~bk a~d shall be~r intetest f~om the dste thereof until paid at rate of n~ne per centum per annum and toge+her wi?h such interest shall be secured by the lie~ of th:s morgta~e. ~~~'s-~-.,.~~~- ~ ~ ~ ~ _ _ ~ _ - _ _ - ..~,~t