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Home My WebLink About0313 2330~6 ~ ~ ; ~ ~ THIS INDENTURE, Made ttx 7th d+y of `~uly - A.D. 19 bthv~e~ John N. Soto and Ruth Soto his wife , - ~.C1' . ~ ~ ' t i of $t . WCie Couny Florida, IfltOiMftN designsted ai the "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO LOAN ASSpC1AT10N OF FORT PIERCE, a corpwation wysnized and existinp under tM Is~vs of the U~~ted Stat~s of M~eriw snd havirq i» principd pl~ce of busineu in tFw Ciry of Fort Pierce, St. lucis County, Florida, he~einaher d~iipnafed as ~M "MORTGAGEE:' WFifREAS tM MORTGAGOR is justly indabted to ths MORTGAGEE in the sum of 3 2Oa20O• ~ yood +nd lawful money of the Un~ted States advanced by the MORTGAGEE unto ths MORTGAGOR, as evidenced by a ce~tain promisswy oote of even date he~~with, of which tlis followirg in wordt and figures is a trw copy, to-wit: ' : 20,200.00 ~ 4-18~547 ; FoH Pierce, Florids, Ju 1 y 7. 19 72 t Fw value received, 1, we o~ eithar of us, promise to pay, without defalcation, to the ordet of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE al Fort Pierce, Fbrida, the sum of i 2O-a2~~• w;th interest irom dste at the rate of 7!._59~o pe? annum, in monthly instsll- ments as follows: s 150. ~0 ~ 1St day of ~Pteeaber 19 72 snd a tike sum on the corresponding day of each month therr ' i after vntil the whole be fully paid. Each installment first shall be applied in paymenl of Ihe interesf a~d then on the unpaid bat~nce of the principal sum. If d avlt is made in the payment of any installment whe~ due, and such default continues 30 days, the~ at the option of the holder, snd without any other notice, all the remaining :nstallments shail be due and payable at once. P?ivilege is given to prepay this rate in whole w in part at any time without penaMy. Neither forebearance, nor acceptante by the holdcr thereof aftcr any default in any payments hereon, shall be deemed extension. A late payment chsrge of S 7• 5O il+all bs added to each installment remaining unpaid 7 days after its due date, snd a like sum shall be added to each such instatlme~t remsining unp~id 7 days aher each succeeding payment date. Each maker, surety and endorser hereof, joinlly and severally, waives demand, presentment protest a:~d notice of protest fw nonpsyn+eM, and fuAher agrees fo any extension of time of payment, eitF+er before or after maturity, without not~ce to any of us; and to pay all costs of collectio~, includinD ~ reasonable attorney's fee in the event of any default hereunde~, and he~eby severally waives all benefit of homestead and excmption undtr the constilvtwn ~ and laws of each State of tFx United States, as sgainst this obligation w ~ny eztension o~ renewal Ix?eof. f Wit~es~ the hand and xal of each party. s/ John H. Soto ~q cs~?u s/ Ruth Soto ~q ts~?U ~ j$30.30 j State Revenve (S~+~r.,o~dl~ara aNgtest ~eni 20 200.00 NOW, THEREFORE, the MORTCaAGOR fw the purpose of iecuring payment of said sum of = ~ +nd the pe.form+nce of tM covenants and sgreements hereinafter expressed, and fw divers good aod wlu+bls conside+ations, by these presents, daes yr+M, bar~sin, ull, remise. release, ca?vey and confirm unro the MORTGAGEE, its succeuors ~nd su~gns, all that cert~in lot, piece or pute~ of land, situ~tt, lyiop, u~d bainp in tM Couny of St . WCle and State of flwida, desuibed ~s folbwa: l.ot 12, Block 140, LAKEWOOD PARK SUBDIVISION, UNIT 11, as per plat thereof on file in Plat Book 11, page 32, of the Public Records of St. Lucie County, Florida, ? ; - 1 ~ ~ ; W S~TATE aF ~LORIUA ~ c~ ~ DOCUMENTA~~ STAiNP TAY ~ o r JIILSi'7Z ; RECL11ffD 0' IH P;,l,,._. + g v .:~yt ~ rr,~s ~ ' Z ~ ~ F' t~ - a Y 3 0 3 0_ DUE Oli CLASS'C It~TAHGI6LE PE~:Sc);~.;1 PROPERtY, N' 4EiT.OF E[YEINE~~`~~ _ = P1J(w~IW(i TO CtWPTEP, 71-1s3. R;iS :/F 1911. ~ ~ ~pB.~so~~t _ ecs~x eoit^a~; ctFwt t~ecvir c~.~:r, s:. ~N:~t ~o.. Fu? ~ together with ~II and singular the tenements, hereditaments and appurtances thereunro belorginy or in anywiM appertaininp thefefo, and all rend, issws, proceeds and profits acauing and to accrue from said premixs, all of wFiKh are includ~d in tF~e abovs and fora~oirg dacription and h~bendum. TO HAVE AND TO HOLD the above described +nd ynnted premises unto tFw ssid MORTGAGEE, iq iucceswrs a~d assgm forever. Md tM 1~W f MORTGAGOR fw the 1Z _~;~s, e:ecutors, administrstors and assigns, he?eby covenanb with the s~id MORTGAGEE, its watswn ~nd assisns. : thev are ~hat lawfully seiud of the said prem~ses in fee simple; that th~ ~ame ~re free, clear and dischuped from all Ik+a +nd ancwm ~ brantes in I~w a in eqvity, snd ths~ thev ,,,,;u ~nd tt161r Ixin shall w~rrant and defend tM titk fo tM s+m~ to tM s~W ~ ~ MORTGAGEE, its i~ccesso~s and auigra, fwever ag~inst the lawf~l clsims a~d dema~ds of ~II perwnt; ~ PROVIDED, ALWAYS thst if fhe MORTGAGOR sMll p~y unto the MORTGAGEE the promisso?y note hereinbefore destribed u+d shd) truly, promptly r~ and fully perfwm, disch+rge, execute, complete, comply with snd ~bide by each u?d every the itiput~taro, ~reemenb, condiiwes and cov~nb of aid promissory note snd of this Mwtg~ge, then this Mortgage snd the Estste hereby ueated sF~l te+~ and be rwll +nd wid• ~ IT IS UNDERSTOOD that tlx word "Mortg~gor" whethcr in tlie sirtgular w plwal anywhere in this Mwfy~e, shall b~ sinyol~r if on~ a+ly and g; shall be ptura! jointly and sevaally if more than one, ai+d th~t the wad "their" as vsed anywhere in this Mort9a~ shall be t~ken to rn~an "ha,•• •'hen•• or "its." wherever the conuxt w irr~plks w admits. Also, that wherever there is a refe?ence in tFw coven~nts and sp~ee.nents herein oonuined to ~~ryr oi rhe p~rties hereto, the tame st?sll be construed to mean as well u the hein, leysl rspresentatives, svtcessors snd auipro (either voluntary by acf of th~ psnies or invotun»ry by operstion of the law) of the same and that the covenann herein contained sksll bind ~nd tM b~nefits and advant~pes inun to the rapective hein, kg+l represenutives, successors end su~gns oi the psnies he?eto. And said Mortgagors, fw tFromselves and their heirs, leyal representstives, wccessws ~nd aui9ns, hereby jointly and severally tovetwnt u+d ayr~e - ro snd witb the s+id MORTGAGEE, in successon and +uigns: ~ 1. To p~y all and singutar the principal and interesl and the varian ~nd sundry sums of mo~eY paYable by virtue of said promissory not~. ~nd tha ~ ~ mortgsge, esch and every, prompfly on the days respectively the same seve?slly become dve. Y. To p+y all and singalu the taxes, assesaments, levies, li~bilities, obligations ~nd encvmb~ances of every ~ature and kind now on said describ~d property, or th~t hereafter msy be imposed, wffered, placed. Iwied, a assessed the~ea+, or th~t here+fier may b~ lavied or assessed upon thk Mat~- age, a the indebtedness sea,red hereby. ~sch +nd ~rery, wl~en dve ~nd payable, xcordinp to law, befwe they becant delinq~ent. ~nd b~for~ amr Interest anathes w+ny penalry is irxurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OffICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PMER OFfICIAtIY ENOORSED OR CERTIfIEO) SHAIL BE PlACEO IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN7; and in the event tMt any thereof is not paid, se+'sfied ~nd dixharged sa:d NIORTGAGEE neay ar any time psy the same w any p~rt thereof without w~iving o! sffedi~g any optioo, lien, equiry a •~aht undcr o~ by virtue of this mortgsge a~ the full amount of each and every ivch p~yment shall be immediately due ~nd payabie ~~d shal) bear interest ~.om the date thereof until paid at r~te of nine per centum pcr annum and together th s t st shall be r by the lie~ of th:f mw~tay~. ~ ~ ~i, k Jl~ ~.?;;K FACE ~':-3 ~ :'.M35 ~ °'-~~:'.;r r .r_ . _ _-s',.='~