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Home My WebLink About0983 233~88 ~ THIS INDENTURE, AMd~ tM ~ 4th day of A.D. 19= -~2-- betwNn John H. Re3?nolds and Clara J. ~ynolds, his ~ife of St+• ~l1Cie County Florid~, i+t~einaftar deig~+?ed as the "MORTGAGOR,' snd FIRST FEDERAL SAVINGS AND IOAN ASSOCIAiION OF fORT PIERCE. ~ cwpwatio~ ayanized and ex~s~i~g unda Ihe laws of ths U~~ted Stat~s of Am~ric~ a~d havinp iri principa) pl~ of busin~u in tM City of Fort Pierce, St. tucie Co~~ty, Flo~ida, herei~after d~sgnated as tM "MORT AGEE." WHEREAS tM MORTGAGOR is justly indebted ro tFa MORTGAGEE in the sum of : ~ 3~~~'~ good and lawful money of the United Siates advanced by the MORfGAGEE unto the MORTGAGOR, as evide~ced by a certain promiuwy note of even date herewith, of which ths tollowiny in ,wordt and figures is a trw copy. Io-wit: s 13.~00.00 ~ -18 0 Fort Pierce. Flwida, J~ ~ µ 19 Fw value received, 1, we w either of us, Fromise to pay, without defafca~ion, to the order of FIRST FEDERAI 5/SVIt~iS AND LOAN ASSOCIATION OF a FORT PIERCE at Fort Pierce, Fbrida, the sum of = ~ 3 s~~' ~ with in~~r~st from dsfe at the r+te of J ~fa p~ an?~wn. mo^th~Y ~tall- ~~ents as folfows: Z on the~ ~ s}' day of Navea?ber _ 19 a~d ~ like ~um on the careipa~dinp dsy of each month therr afte~ unti! the wF+ole ba fully paid. Each installment lirst ahall be applied in payment of the interest a~d then on the unpaid balance of the prirx~pal wm. li d ault is mad~ t~ tM payment of any installment when due, aod such default continues 30 days, then at tFx option of the holde~, +nd without any other ratice, all the ~em+ining ~nsrallments shall be due and payable at once. Privilege is given fo prepay this nofe i~ whole or in parl at ~ny time without pen~Ny. Neit forebea~ante. nar acceptance by the holder Ihereof aftcv any default in any payments hcreon, shall be deemed exteniron. A late payment cha~y~ of shdl b~ added to each insta~lment remainirg unpaid 7 days after its due date, and a like sum shall be added to esch such insta~lment rem~ir+inp unp~id 7 days after each s;xceeding payment date_ Each maker, surety and endorxr he~eof, jointly and severally, waives demand, p~ese~tmenf protest and noticr of profest foa nonpayme+~t, and fwthe~ agrees to any extension of time of payment, either beFore or after maturity, withtwt notice to any of us; and to pay all msts of mllettion, intiudiny • reaso~able attwney's fee in the event of any default here~nder, and hereby severally waives all benefit of homestead and exemptian under the constitutiw~ and laws of each State of tF~e United States, as agai~st this obligation or any exte~sion or renewal hereof. Witneu the hand and seal of each party. ~~Ol(i3 s/ John H. ~Au cs~?u . s Clara J. Ra3molds ~ csEnu ( ~ d~ ~ ~ ) State Reven~e (~arnpet~ne~eRe~+~~f 13 ~~100.00 NOW, THEREFORE, the MORTGAGOR fw the purpose of seturing p~yment of said sum of S a~+d th~ performanu of tM covenants and agreementi hereina(ter expreued, and fa ~vers good and wlwble considerations, by thes~ p~esents, does yrant, bary~in, sell, remise, retease, convey snd confirm unto the MORTGAGEE, its sutcessors and suigns, sll that catain bt, piece or pucel of land, situate, lying, and beug in ths ~~~ty pf $ti. Td1C~A and State of florida,-described as fdlows: Lot 16~ Block 57~ LAKEWOOD PARK, UNIT 6, as per plat thereof on file in P1at Book 11, Page of the Public Records of St. Iucie County Flori da, s , , ~ • ; - , : I, S ~At ~oF t..Lv~RIUA . } ~ ~ ~ oocu~EN?A 4 S ; E ' z = ~ig72 - •L O ~ 0 _ ~ 6 Iq~ ~pp~y~'~, i ` 7 _ ~ ~ ~ - s • - - ~ecav~~ ~ n ~ ~ ~ v~L < < ~ V 0[ii.0~ RLMEk7E = ~ ~ ~ i ~ 190112 ~ ~ ~ P.B. ~f ro ~t ~ op,~ ~ . . . . . . .c~ °°urt' together with all a~d singular the tenements, hereditsments and appurt+nces thereunto belagirg w in anywiss sppeAainir~ thereto. ~nd ~II rents, issws, pr«eeds snd profia scuuing +nd to +ccrue from said premises, sll of which ue included in th~ above +~+d fwsQoirg desuiptia+ and h+b~rdwn• TO HAVE AND TO HOW the sbove described u+d granted premises uMO tl+~ ssid MORTGAGEE, its wccessws ~nd auiyns fonw?. Md tM ~+id ~ - MORTGAGOR fa }'h6~ hein, executors, ~dministrators ~nd auigns, hereby coveMnb with the wid MORTGAGEE, its waessors M+d ~ssipns. rhat - t'hAx a~ - lawfully se~zed of the ssid premi:es in fee simple; tMt tFN s~me are kee, clear and diuMryed from all li~m and ~ncunt ; : brances in law or in equity, ~nd thst ~A~ witl and thA~.I' heirs shall warr~nt and defend t}» titk w the s~m~ to th~ ~afd ' MORTGAGEE, its iucteuws snd suigns, iorever against the lawful cla'~ms and demands of all Qeaau; t PROVIDED, AlWAYS that if Ihe MORTGAGOR shsll pay unto the AhORTGAGEE the promiuory not~ hersi~befon desvibed and sh+l) trvN. P?«^P~N i ~ a~d fully perform, d~uhargs, cxecute, comp~ete, comply with snd abide by exh and every the stipulataro, aynements, conditions and cov~nanb of said ~ promissory note and of this Mortgsge, then this Mwtgsge and the Estate hereby veated sMll uas~ ud be null ~nd void- ~ ~ IT IS UN~ERSTOOD that rhe word "Mwtgsgor" whether in the singular a plws) ~+ywhers in this Mortpap~, shall b~ sinpv~a if on~ only and shall be plural jointly ~nd sevaally if more tlun ont, and that the wwd "thei?" as vsed snywhen in tba Mort~a~e ahall be taken to mean •'hp,•••'hers•• ~ or "in:' wherever the context w implies or sdmits. Alw, that wherever th~e is a referenc~ in tht coven~nts ud ayreemenri herein ca+t~irnd fo any of rhe parties hereto, the ~an+e sh+ll be construed to mean ~s well u the heirs, legal rep?ese~tatives, suaeuon +nd auigm teitF~er volunury by ~ct of t!» parties w invduntary by opera:ion of the law) of the same and that the covenann herein ca+tained shall bind and the benefib and advantpes inw~ ~ ~o the res~ective hein, lagal represematives, successors s~d ~ss'Qns of tM p~nies hereto. - And said Mo~tysgors, fa themselves snd tFxir heirs, leyal representstives, suaessors snd ~uiyns, hereby joinNy ~nd seva~ally covenant and ayrae ro and with the ssid MORTGAGEE, its succetsors and euq~u: 1. To psy all and sirgular thE principal and interest and the wriovs and sundry sums of rt~oneY paY~bl~ by virtw of said promiswry nott. ~nd tha mortga~e, esch and every, promptly on ~he days respectively the same sev~r~lly becorrw due. 2. To p+y •II ~nd singular the uxes, usessmenb. levies, liabilities, oblisations and encwnb~nca of every n~twe and kind now on said daa~d property. or thst hereafter may be imposad. ~uffered. Pl+ced, levied, a~uessed thereon, or tMt hereafter may b~ levied or ~stested vpon this Mort¢ age, a tM ind~btedneu secured hereby, esch snd every, when dw ~nd paysbk, accwdirg to law, befae they bscarw delioqusnt, and befor~ ~eqr b~terat artatFxs w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE 5/1ME SH/Rll dE PROIMPTLY SATISFIE~ AND DISCHARGED Of RECORD AN~ THE ORIGINAL OFfIC1Al OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfIGIAIIY ENDORSED OR CfRTIFIED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that u~y the~eof is not paid, saYsfied and dixharged sa'd MORTGAGEE may at sny time pay tFx same w any part tl+ereof without wsivirg or affectinp am option, Iien, equity p •~qht unde? w by virtue of this mortgage and the full smount of exh snd every such p~ymeM shall be irrvnediatety dve sod psyable and sh~l1 bei~ inttrqt ' ~.om the date ihereof ~ntil paid at rate of nine per centum per annum and together wi?h such interest sh~ll be secured by the lien f h' moryt~e. ? ~ zo~ o00K PAGE ~ - ^~a ~ V ~ ~ _ `~~~"~`~-~~sa-.x°,,~. . ~ .