The URL can be used to link to this page

Home My WebLink About0864 23340'~ , ~ THIS INDENTt/RE. Msde the ~lth day of J~y A,D, 19h~~ betwcen Terry Lyn Vincent and GloriaMr ll~incent, his wife ~ of St• ~.13C~@ Co~nty Florida, Mrcinafter designated ss ths "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSpCiAT10N OF FORT PIERCE, a corporat~on or9anized and existinp u~de~ Ihs taws of.the Un~ted Starai of Arnaica end havirg itt principal plac~ of tusin~as in tM City of Fort Pi*rce, St. lucie Covnty. Florida, he~einaitsr detignated as th~ "MORIGAGEE:' ; 10 ~0 ~0 ! WHEREAS ths MORTGAGOR is justly indebted to the MORIGAGEE in the sum of = ~ • , good and lawful mo~ey of the United ~ Sratea advanced by the MORT,aAGEE unto the MORiGAGOR, as evidenced by a certa~n promiuwy note of even date herewith, of which tF~e foUowinq 7n words arxJ u~es is a true c 5 opy, tp-wit: ' s 10,000.00 3-18,558 ~ Fort Pierce, Flwida, July ~.12, 19 72 ~1Y For value ~ece7ved, 1, we w either of us, p~om~se to pay, withovt defalcation, to the order of FIRSi FEDERAL SAVINGS AND tOAN ASSCKIA~ION QF ~u ~ 20 000 00 S_ ORT PIERCE at Fwt Pierce, fbrids, the s~m of S-- ~ • with interest trom date at the rate of 7• 7-~r ps~ annum, i~ mo.~thly instalt- ! j~,•,` ments as fo:!ows: S 83•~~ on the 1St day of September, ~q 72 and a like sum on the cwrespond'uq dsy of each monfh thete- ~ after until the whole be tul!Y paid. Y ~ Each installment fi~st shall be app?ied in payment of Ihe interesl snd then on the unpaid balance of the principal sum. If d avlt is msde ie 1M Y ~ aymeM of any installme~t when dus, and such default ton~inues 30 days, the~ at the option of the hoWer, and without any otFxr notite, ali the remaining ~ ;nstailments shall be due and payable at once. P~ivilegs is given ro prepay tbis nofe in whole or io pat at any t~me without penalty. Neither fwebe~wnce, f nor acceptante by the holder thereof aiter any default in any payments hereon, shall be dcemed extension. A late paymt~t charge of sh~lf be i ~+dded to each installment remain7ng unpa~d 7 days afte~ its due datt, and e like sum shall be added ro each such installment remaining unpaid 7 days aNer each succeeding payment date. \ Each maker, surety ard endorser hereof, jamly and seve~ally. wa~ves demand, presentment protest and notice of protest fw nonpayment, and fwther agrees to any ex~ens~on of time of payment, either before or after maturity, without ~ot~ce to any of ~s; and to pay all costs of collection, irxlud~ng ~ ~ rzasonable attorney's fee in the event of any defautt hereunder, and hereby severatly waives all benefit of homestead and exemptio~ under the constitution ~ and laws of each State of the United States, as aga~nst this obligation or any extension or renewal hereof. Witness tl?e hand arxl seal of each pa~ty. S/Terry Lyn Vincent ~U ~ - - ts~?U ~ - S/Gloria A. Vincent ~y ~ ( ~ 15 ~ ~ ~ $tate Revenue ~U W W, THEREFORE, the MORTGAGOR fo~ the r lO OOO OO pu pox of secvring payme~t of ssid wm of S • • , a~nd the performarice of the cove nts and agreemenrs hereinafter expressed, and fo~ divers good and valuable considerationa, by these presents, does gr~nt, barpain, sell, remise, rele e, convey and confirm unto tke MORTGAGEE, its successors and :uigns, all that certain lot, piece or parcel of (snd, aituate, lyinp, and being in ths ~ ~n~y St • j. L1C 1Q snd State of f{aida, described u follows: . ~ ~ Beginning at the NW corner of Lot 7 of RIO VISTA SUBDTVISION, according to the ' plat thereof on file in Plat Book 9, Page 6, of the Ptiblic Records of St. Iucie County, Florida; Run thence East along North baundary of said Lot 100 feet; run thence South- easterly parallel with '~Jesterly boundary of said I.at 7 to the South baundary of said Lot 7; run t2~nce West along Sauth boundary to the SW corner of said Lat run thence Northir~esterly alang Wester~y boundary of said I,ot 7 to point of beginning. ;.F . Q m d IN M~~ ~ T11X~ d STAT~ oF-~.~~'J{~ t~A • ~nm rROPe~n v~,~'.,, ~i~IMENT D" S7~iMP TA X - L O R 1 U A ~ ouE oN a+~s~'~ 9~ ~ ,Z - = d - - STaMP 7AX ~~r m q+~R n-i~''. ~ o~ ~/~L ~ U _.iucirn 9! ! 3 0 0: - c~nc ci~ r u~ p ~L.~,~~ ~ 2 O O = _ i~.-.~~s : _ tugetlxr witF~ sU snd singular the tenements, hereditamenh and sppwtances thtrounto be{onginy or in anywise ippert~ininp ther~fo, and ~U r~nri, istues, p~oceeds and profin scvuing and to accrue from said premise~, all of wF~ich sre i~cluded in the above +nd for~poinp desuiptan and Mbendum. TO HAVE AND TQ H4LD the above desu;bed and gramed premises unto the said MORTGAGEE, in wuesson s~d augra fonver. Md fh~ said MORTGA~p R for tAelr executors, administrators and assgns, hereby covenan~s with the aid MORTGAGEE, ita suctessws ~nd ~s~ipns, ° shat - they aYe lawfull seized oF rhe said Y prem~ses in fee simpie: that the same sre free, cleu u~d discharped fran ~II lient and ~nevin- brarxcs in taw or in equiry, and that thev the ir hein shall warrant and defend the title to tM s~m~ to tM saW MORTGAGEE, its successors and auigns, forever against the lawful claims and demaods of all persaq; PRQVIDEO, AIWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory note Fxreinbefpe dauibed ard iFull truly, prompt(y and f~lty perfwm, discMrge, execute, compkte, comply with and ab+de by each and erery the stip~?Istions, ipreemenb, conditiaq and covenanb of said promissory note and of this Mortgage, then this Mortgage ~nd fhe Esrate hereby uaated shall cease ~nd be nufl and void, IT IS UNOERSTOOp that 1F~e wwd "Mortgsgw" whether in the singular o~ plural snywhere in this AAortya~s, shsll be sinpul~r if one only and shall be plural jointly and severally if more tMn one, snd that the word "their" ~s usad anywF~ere in this Mortgage si?~!1 be qken to mean "his;' "heq;' or "its;' wherever the context w impliea or admits. Also, that wherever there is a reference in the covenann aod agreements herein tontainad to ~ny of rhe puties hereto, the ssme shall be construed to mean ~s well ~s the he~rs, leysl represe~t~tivK, i~cceuon ~nd ~~siyra (either volunury by act of tl» parties or involumary by operation of the Iaw) of tbe sune and that the covensnts herein cont~ined sh~ll bind and the benefiri +nd advmfay~s iew~ ro the respective heirs, kgal representatives, succeuors and asrgns of the puties hereto. And said Nbrtg~gws, for themselves and their hein, Icgal represenutives, successors ar~d auigns, hereby jointly and sevenlly covenant and ayree ro and with the said MORTGAGfE, irs successors and assigns: 1. To pay tll and singula? the principal srxl interest ind the various and sundry wms of rtwney paysble by virtue of said promiuory note, and tf?is martgsye, each and evay, promptly on the d~ys respedively the same severally become due. 2. To pay all and singvlar the t~xes, sueumenn, levies. Ii~biliYies, oblgatiwn and encumbrances of evcry nature and kind now on si~d desvibrd p?operty. a that hereafte~ may be impused, suffereA, placed. levied, a asfessed thereon, p thst here~ftsr msy be kvled w ~sse~sed vpon ttw Mort¢ age, w~M i~debtedness iecured hereby, each +nd every, whe~ dve and payable, xcwding to Isw, befae they become delinquent, and befw~ any int~res~ a~taches a any penalty is incurred; AND INSOFAR AS ANY 1MEREOf IS OF RKORD THE SAME SHAtI SE PROMPiIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGIKAL OFfICIAt OOCUMENT (SllCH A5, FOR INSTANCE, TNE TAX RECEIPt OR THE SATISFAC?ION PAPER OFFICIALLY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN THE NANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENt; and in the event that ~ny thereof is rwt pa+d, ~aYstied and discharged sa'd MOR1GAGff may ar any t+me paY the ~ame o~ any part thereo( witFwut waiving or affetting arryr option, IiM, equity w •~qht under or by virtue of th~s mortgage and the full amount of each and every such payment shsl! be immediately due and payabk and shall bea~ interest ~~om the date thereof until pa~d at rate of n~ne per centum per annum and togelher with such interest shs4 be sccured by the liee~ of rh:s mor~qpe. ~ ~O~K ~G.U ~ 'r..',~E (7~4 ~ ; - ~=~_~'_;-s~ _ - = ~x-_ ~