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Home My WebLink About0769 . s ~ THIS INOENTURE. Made tFie 11 t h ~y of ~t~~ .7u IY - A.D. 19 -?s between noy C. Smith, Sr, anc~ l~terr~m lT;. S~~',!;h~~ ~vife • • -1 ' St Luci~ ~ ~ of • Counry Florids, Mrei~after deig~ated ~s 1M "MORTGAGOR;' and FIRST FEDERA~ SAVINGS ANO IOAN ~ ASSOCtAT10N OF fORT PIERCE, a cwpaatan wp+nized ~nd existin9 undsr tM lawt of ths United St~»s of Americ~ and Mvinp in principal pl~cs of 4 buun~ in tM Ciry of fon PiKCS. St. lucie Counry, Flaida, hereinafta desipnated +s th~ "MORTGAGEE.•• ~ 1hHEREAS tM MORTGAGOR is jwtiy irxlebted ro th~ MORTGAGEE i~ the sum of s 19 good and lawful money of the United States advarxed by ihe MORiGAGEE unto the MORiGAGOR, ai evidsnced by a aertain promiuory nots of oven date hsrewitl+, of wh~ch the foilowinp in W wds and f' ures a a uw copy. ~o-wit: d-18 3b 1 ~ ~ 14 , 60(~ . 00 Ju 1 11 ~ ~ ~ fotf Pierce, Fiwids, y -19 ~ , ` Fw value received, 1, we or ei~her of us, promiu to psy, without defalcation, Io the order of FIRST FEDERAt SAVINGS AND 104N ASSOCIATIOPi OF i FORT PIERCE at Fort Piercs, Flwida, the sum of = 19 , 600. C~ N,;~h interest from date at the rate of 7• 74~ pe~ annum, in monthly int!afl- ~ ments ss foflows: = 1~1 •0~ 1SL d+y of September ~9 ~ 2 snd a like sum a? the corrospondi~y day of each manth therr ~ after until the whde be ful!y paid. ti ~ Exh insraliment first shall be app~ied in payment of the interest ~nd tF~en on the unpaid ba~ance of the p?inctpal sum. If d ault is msde in ths ~ payment of any insta~lment when due, and such default continues 30 days, then a1 the option of the holder, and without any other notice, all the remaininy :nstallments shall be due and payable at w~ce. Privilege is given to prep~y thi~ note in whole w io part at u?y time without penalfy. Neither iwebearance, nor acceptsnce by the holde? thereof after any default in any paymen~a hcreon, shall be deemed extensioo. A late paymeM charge of ~ 8• OS ~ ~ added to each installment remaininy unpaid 7 days after its due date, and a like sum shall be added to cach such installmenf remaining uopaid 7 days ~f1e? ~ each succeeding payment date. Esth maker, surety and endaser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw ranpayment, and further agrees b any extension of time of payment, either before o~ afrer maturity, without notice to any of us; a~d to pay all cosls of collectan, intludinp a rzasonable attorney i fee in the event of a~y defauh Fxreunder, and hercby uverally waives all beneiit of homestesd and exemption under the constitut'a~ ~ a~d laws of each State of ~he United States, as against this oblgation or any extensia? w renewal hereef_ ~ Witness the hsnd and ual of each party. , (SEAU , S I?oy C. Sriith, Sr. (~?U ~ S rierrlam T. Smith ~U ~ ~ ~9 ~ ~l0 1 State Revenue cs~s+nps-c.ncelkd-a~-«i~iw.t,a~d 19 600.00 N0411, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of i • ~nd M~e pe~form+nce of tl+~ ~ r~ covensnq and sgreements hereinafter expressed, and for divers good and valuable consider~tio~s, by these presents, does yra~t, bar~sin, sell, remiie, release, convey and confirm unto the MORTGAGEE, iri succeuots and ~uigns, all that cettain bt, pieu or putel of lu~d, situaft, ly'u~p, and beirg in ths ~ Cwnty of S t. I.LlC 1 E' and State of Florida, desc?ibad +t iollowa: ~ ~ ?S fc~t of East ^~O feet of .orth 131 feei o. the outi: ' of the \'orLh- # :Jest *r F c 1 ~ east of th~ South e~st of the ilorth~vest 4, Section 21, To~mship 35 ~ Sotttl~, ('~r,c~~- "O T'<~st, ~ 3 ! _ , . ~ - ~ ~ W StArE~F~'~-~RIUA~ STANiP TAX ~ j ' p ~V~~ TA~~ ` i o = - =2940_ ~ . N v o`c~t.ot etrc?wc. ~ ~tVED v 1R ~IlYM9R ~ TAI~t ~ DI~ ON pASS 'C 1!(TAN61BlF PER90N1?t I~O~E~1rj P.B.~vo»x = r,~ ~ e~wrr to ~n.roRw~ of y~. /~~A q~ sf, waE co,. w~ together with sll and singulu the tenements, hereditamenn and sppurtsnces thereunto belo~+ginp w in a~ywise appertairNnp thersfo, and ~II rsn», isswa. pr«eeds and profin auruirg snd ro xcrue from said premises, all of which are incl~ded in the above and forpoiny descriptan snd h~bendwn- TO H4VE AN~ TO HO[D the sbove described and ~nnted premises unto tFM s~id NIQRiGAGEE, ib waessors +nd ast~9~s forever• Md tl~ Mid t}]Pl~' MORTG/,~OR for heirs, executon, administraton and auigra, hereby covenants with the ssid MORTGAGEE, in svaasors ~nd asslpro. i ne•• ~ re that ' lawfully Kized of the said premises ie fee simple; thst tM ssme ue f~se, cku and d'acharged from dl liens u+d tocum- brances in law w in equity, and thst th ey wrilt and t he i r ~~ry ~~I warranf ~nd dsfend tM titk to ths sam~ to the ~aid MORTGAGEE, its successors and assigin, faever against the lawful claims and demands of all perwru; ~ PROVIDED, ALWAYS`thst if the MORTGAGOR shall pay umo the AhORTGAGEE the promisswy note hereinbefore dauibed snd sM+ll f?vly, pranptly ~ ~ and fully perfam, diuM~ge, execute, compkfe, comply with and sb~de by esch and every tl+e stipulations, ayreemenri, conditions and cov~nsots of s+id promissory rate and of this Mortg~ge, t}ron this Nlort9+ge a~d the Estste hereby aested shill ceas~ and be null ard wid. ~ ~ IT IS UNDERS10pD tMt the word "Mortyagor° whether in the singulu w plwal anywF~ers in this Mwtype, shall be tinyular if ons only uK! ~ shsll be plur~l jointly and sevewlly if more than one, snd that the wwd "their" ~s used anywMre en thia Mwt9aye shsll be taken to me~n "his,•• "hen;• ~ er "in;' wherever the context w implies a admi~s. Also, that wherever there is s reference in the covenants and ~preemenn herein contained to any of rhe p~rties hereto, fhe same shall be construed ro mesn ss well as the heirs, leyal represent+tives, waeuon and ~uipro (either volunt~ry by act- of fh~ parties o? involuntary by operstion of the Isw) of the ssme and that the covenants hsrs~n coma~ned shsll bi,+d and rhe benefin +nd advantay~s inur~ s ro the respeciive hevs, legsl representativa, succcswrs and su~gro of the puties hereto. ' And ssid Mo~tg~gws, fo. themxlves a~d their hein, legsl representatives, succeswn ~nd auiyns, hereby jointly and severally toven+nt a~d ayr~e i ro and with the said MORTGAGEE, its successors and aui~ra: ~ 1. To pay all snd singular the principal and ir?terat ~~d the varian snd svndry tums of money p~yable by virtu~ of s~id promiiswy rat~, ~nd this mortysge, each and every, prompNy on the dsys respecfively tFw same sevenlly becom~ d~re. 2. To p~y ~11 and iN+gular the ta:es, sssessmen», kvies, liabilit~es, oblgations a~d encumbrances of every n~hxt a~d klnd now on s+id d~suibed p.operty, or tF~~t heresh~r msy be impwed, suffered, placed, kvi~d, or assessed ther~on, a that hereafter may be levi~d or asessed vpon ihis Maq- age, a tlr G+debtedness secwed hereby, each snd wery, when dus and p~yabk, sccardirg to law, befwe they becomt delinqueM, and b~fon am? Intaat attaches w a~+y penalty is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPiIY SATISfIED AN~ DISCHARGEO OF RECORO AND 1HE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCF, THE TAX RKEtPT OR THE SATISfACT10N PAPER OFFICIALIY ENOORSED ~ OR CERTIFIED) SHAIL 8E PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eva+t that ~oy thereof is not - paid, tat"sfied +nd distharged sa:d MORTGAGEE may at any time p~y the same a sny part thereof without waivirg w affettiny sny option, (ie~, eqwity o~ •~aht under or try virtue of this mortgsge and the full amount of exh and every such payment shall be immediately due and pay+bk +nd shall bear inferest from the date thereof until p~id at rate of nine per centum per annum and together w~th such interest sF~ll~e by the 1'~en of th:s rtwrytaQa eooK P~~~ 7~9 _ ~ : ~~~r" -