The URL can be used to link to this page

Home My WebLink About0360 2330~5 - : ~ . THIS INDENTURf, AA~d~ ~n~ l~th d,y of July a.o. ~9 72., b.rW..~+ Charles B. Ellett ancl Mil~trect L, t:llett, his tvife of St . LUC lE' Co~nty florida, hereirwfiN des~rHyec~'s tIK "MORTGAGQR~" ~nd FIRST fEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaation apsnized u~d existirg unda tM I~ess of tFK United S~aty of America ~nd Mv'u~g iri principal pl~ce of buur~s in tM City of Fort PiKCS, 51. luca Covnty, FloriM, he~tinafter detignated a rM "MORTGACsEE." WHEREAS IM MORTGaC,OR is jvstty ind~bted eo rhe MOittGaGEE in N+e tum of s 18, 900. 00 9~ ~~d Iawful money of the U~~rcd Sfates sdvanced by the MORTGAGEE u~to ths MpRTGAGpR, as evidenced by a certai~ promissory note of evtn data haewith, of wfi~ch tM followinp in word~ and figures ii a trw copy, to-wiL• ~ t8.900.00 ~ 3^1t3, ~52 _ f•orr vte.c., Plo.tda Julv 1(3 _~v_7~ ; For value received, 1, we or eithcr of us, promix to pay, without defatca~ion, to the order of FIRST FEOERAL SAVINGS AND LCAN ASSpCIATION OF ! FpRT PIERCE at fort Pierce, Fbrida, the sum oi s 18 ~ 9O~• ~ with interrs~ from date at the rate of 7• 5 96 pe~ anrtum, in monfhly install- ments as follows: = 1 5~ •~n p> 1 St ~y of I~IOVQ1Rb(~r ~~9 72 and s like sum on the correspo~dir~p day of each mwHh therr i afrer until Ihe whole be fully paid. i Each installment firat shall be applied in payment of the interest and thcn on the unpaid balsnte of the print~pa) sum. tf d aulf is made in ths 'ti , payment of any inatallment when due, aod such default continues 30 days, then at the option of the holder, and without ~ny otF~er notrce, all the rem~ining ` ~n:tallments shall be dve and psyabk at once. ?rivilege is given ro prep~y this note in whole w in pa?1 af any time without penalty. Neither forebEarante. ~ nor accepta~ce by the holder thereof aftN any default i~ any payments hereon, shall be deemed exrensan. A lata payment charge of ~ 7•~ 5, sMll bs a~ded fo each inslallmcnt remaining ~npaid 7 days aftet its due date, and a like sum shall be added to each such installment remainir?g unpaid 7 days aftet ! ~ each succeeiJing payment dare. v Esch maker, wrcty and endorser hereof, jointly and severally, waivq demand, presentment protest and notice of protest fw nonpaymenf, end further ~ agrees ro any extension oi ?ime of payme~t, e~?her before or afrer maturity, without notice to a~y of us; and to pay all costs of collection, Includ~np a • reasonabk attaney i fee in the even~ of any default hercunde+, and hereby severalty waives all benefit of homestead and exemption under ihe tonstitution and laws of each Swte of tF?e United States, as against this obligatiw? or any extension or rer~ewai he~eof, i Witness the hand and seal of each party. \ \ Ch~ rles B. El lett (s~?U ~ S/ rtilcTreci L. Ellett ~qU ~ ( 2$ . 3 S ~ State Revenue f5?en~ps-analled~ araigi~al ~nete) t'~ NOW, TNEREfORE, the NIORTGAGOR for the purpose of secur,r?g payment of ssid sum of t 18•90~•0O and the performance of th~ covenarq and a9reements hereinafter expreued, and fa divers good and vatvabfe consideratiwu, by these presents, does gra~t, bar9ain, sell, remiae, releass, convey and confirm unto the MORTGAGEE, its successori and suigns, all that cerUin lot, piece or pucel of laod, situate, lyir~y, snd beinp tn the •V ~~~~y of St . Luc ie State of Flwida, described as follaws: Lot 13, Rlock 130, LAKElvOOD PARK - UNIT NO. 10, as per plat thereof on file in Plat Book 11, paqe 29, of the Public Records of St. Lucie ~ , r - ~Coun~, Floric~a, ? 4 ~ ~ ' i F ~ ~ i ~ ~ ~ ~ 0 z~ at ~ ~ ~ ~ STATE ~F FLORID~ ~ ~ ~ ~ DOCUMENTAp" STAMP .TA ~ " ~ z = - e'^" ^ o _ JUI.1P72 ' ~ - ~ c~i ~ ~ = . ~2835- N utri. or et?~cere . _ ~ L` pB i~o~~r = ~ - - ~ o ~3 t ~ ~ o ~ ~ 3 ~ °C ! ~ togeth~~ with stl snd singular the tenements, heredit~ments snd sppurtanca thereunto belonginp a in anywise appertaininp tM?eto, ~r+d aU nn». Is~w~, Proceeds and profiri ~tvuing and to acuue from said prem]ses, all of whid+ ue included in the above and foregoiny destription ~nd Mbendum. TO HAVE AND TO HO~D the above described and gnnted premises unto tM said MORTGAGEE, its s~xcessors and ~uiyns forsvu. Md tM wid xces MORTGAC~a~R fw t~1F1T ~~n, executon, admi~wtraton and sssigrn, hereby covenants with the said NIORTGAGEE, ifa suctessora ud ~ssipro, Llle d 2"p n ~hat - lawfvlly seized of tMe said premises in fee simple; th~t tM same ~re frss, clsu and dixharyed from all 1'~ero and ~ntu~ branca in law w in equiry, snd that thev W~~~ their hein s1w11 w~rrant u~d d~fend tht fitl~ to tM s~rta to tht said MORiCaAGEE, its successors and auigns, faerer sgsinsf fF?e lawful claims and demands of sll persons; PROVIDEO, A1WAY5 thst if fhe MORTGAGOR sh+ll pay u~to tke INORTGAGEE the promiuory note hereinbefora deuribed and sMll trvly, p?omptly and fully perfwm, dixFurgt, eaetute, compktt. comply with ~nd abKfe by eath ~nd every the stip~l~tior?f, ~yreemeori. CpditioM and tOwMnb pf said ` promiuory note +nd of this MwtyaQe, then rhi: Mortgtge and the Estate hereby peated shall cesse and be null ~nd void. s IT IS UNDERSTOOD that the word "A4ortgsgor" whether in the singula~ or plwal anywher~ in this Mort9~, shall be sirpula~ if on~ only ~nd shall ba plwal jointly ~nd severally if more thsn one, a~?d thaf fhe word "the'u" es used anywhere in this Mortqape ihall be taken fo mean •'his;• ••Mn:' or "its," wherever the context so implies w sdmits. Also, ihat wherova there is a referenu in tht coven~na and ~eements herein oont~ined to arry of rhe putits hereto, the same ihall be construed to mean as well as the hein, legal repres~nutives, suaeuon ~nd uigry (~ither volunury by act oi th~ part~es or involunt~ry by operation of the Iaw) of tt?e same snd that the covenants herein ca?tained sMll bind ~nd the benefiq and ~dv~ntapes &wn ro the respettiva hein, kgd ?epresentatives, wccessors and iss~gns of the puties hereto. Md said Mwtg~gors, fw themselves snd their heirs, legal rcpresentatives, svcceuors and auyns, hereby jointly and Nveralfy covenant •nd ~pr~e ro and with the ssid MORTGAGEE, in successas and auigns: 1. To pay all snd sugular tFk principal ~nd interest and the various snd wndry swns of money paYable by virtue of ~aid promiswry note, and this mortqape. ~ac1? and every, p+omp~ly on the days respectively the ~ame sewrally become due. 2. To psy all and sinyvlu the taxes, ~ssessmenn, levia, liabilities, obligstions ~nd sncvmbrances of wery n~rure ~nd kind now on said d~wibed property, or that hereafter may be impo~ed. s~ffered, placed, levied, o~ auessed thereon, w that here~fter msy be kvied or ~uested upon this Mwt9. •ge, w th~ indebtedneu secured hereby. ~ach and wery, when dve and payabk. accordinp to Iaw, before they become delinquent, and b~fw~ any intKest attathes or any penalty is incurred; ANU INSOF/1R AS ANY THEREOf IS Of RKORD THE SAME SHAII SE PROMPTIY SATISFIEp AND DISCHARGEO OF RECORO AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX REGEIPi OR THE SATISFACTION PAPER OFfIClAtIY FMOORSEp ~ OR CERiIf1ED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; srd in the event that any thereof is not s pa~d, s~t'sfied snd diuhsrged sa:d MORTGAGEE may at any time pay the same or any paA the~eof without waiving w affectirg ~ny option, (ie~, equ;ty or ~~aM under or by vi~tut of fhis mortgaye and the full amovn~ of each and every such p~yment shall be immediately due a~d psyabk and shall brar interpt From the d~te Ihereof ~ntil p~id at rate of nine per centum per annumen~ r ~th such i er st sMll be secvred by Ihe lien of th:s moryta9e. + , aooK~ ~ v~cE _ ..~rv. .