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Home My WebLink About0985 23~3~89 ~G ~ TNIS INDENTURE, Msde tM llth day of `July . - A~. 19 72- betwee~ John W. Godbold and Vivian L. Godbold, his wife - . of $t• i'~1Q Couny florid+, I+ereinafte~ designated as the "MORT()AGOR," and FIRST FEDERA~ SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, a corpor+tion w~anized and existin~ unda the laws of ths United Stat~s of America u+d Mvinp ib princip+l Pl+ce of business in tM City of fwt Piera, St, lucis Covnty, Florid~, hereinaft~r desi~n+ted u th~ "MORTGAGEE." WHEREAS tFw MORTGAGOR ~ j~stly i~debted to ~he MORTGAGEE in the sum of : 27 ~ 4Q~ good snd lawful mw~ey oi the United Srates advanccd by the MORTGAGEE unto the MORTGAGOR, as evidenced by • cert~in promis~ory note of even date herewitF~, of which the followinp in wwdt and figures is ~ trw copy, to-wit: : 27 L400.00 3-18.562 Fwt Pierts. Flwid~. `J~y 11~ 1972 For value rece~ved, 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, flwida, the sum of s 27 with interest from date at the rate of7 • 5 % pe? annum, in monthlv install- ments as follows: f 221 on the 1St d,y of November , 19~~ and a like sum on the cwres{wndinp d~y of each mortth thtrr afte~ until the whole be fvl!y paid. Each installment first shall bs appl~ed in payment of the interest and then on the unpaid balsnce of the princ~psl sum. If d aulf ia mad~ in tM ~ aymenl of any ins~allment wlxe due, and such default continues 30 dsys, then at the option of the holder, and without any other notice, all the :~+nain~nQ ~~~stallments shall be due and payable at once. Privilege is given to ~uepar this note in whole or in part at sr+y time withovt penalty. Neitixr forebearanc~, nor acceptance by the holde~ thereof aiter any default in any payments hereon, shall be decmed extension. A late payment ch+rge of i ll~~sshsll be added to each installment remaining unpa~d 7 days aiter its due date, and a like sum shall be added to each such installment remaining unpaid 7 day~ ~fter each suttteding payment date. Each maker, surery and cndorser he~eof, joinNy and severally, waives demand, p?eseMmem protest a~d notice of protest fot noopayrneot, snd further agrees to ~ny exte~s~o~ of time of paynxnt, either before or afte? maturity, without notKe to a~y of us; and to pay all costs of mllection, includ~np a reasonabte attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the toestitution and laws of each State of the United States, as against this obligaiwn w any extenaio~ or re~ewal hereof. Witness the hand and xsl of esch party. S/.~ohn w. Gocibold ~w (sE~?U S/Vivian L. Godbold ~ ts~?q ~ $41 ~ 1,0 ~ Staro Reve~ve NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payme~t of said sum of s 27i4~'~ a~d the pe?form+nce of the covensnts and ay~eements hereinafter expreued, and for d~vers good snd vsluable coniider~tions, by thess prese~ts, does ~r+nt, barp~in, sell, remise, release, tonvey and co~firm unto the MORTGAGEE, its tuctesson and auigns, alt that certain bt, piete a partel of land, situate, lying, ~nd being in tFa Countp of St • LUC 1@ ~nd State of Fbrida, described ~s follows: Lot 15 and 16, Block 3~ WAGN6R SiBDIVISION~ according to the plat thereof recorded in Plat Book 9~ Page ~4 of the public records ~ , of St. Lucie County~ Florida:~ ~ I ~ ~ ~ i ~ ' _ W S-~p~ ~ oF ~LURIUA ? Z nocu~~NTaa~..,STAMP T~;( - ~ S . ~G - p~~~ y t ^~vc~~W ~ = 18'T2 : 3 DUE ON ~N ~ri~ OF T11~ a 'a r 4 i i 0= ~„~~~t~'y61BLE IEvSON11~ ~pPERlY~ N V Of7i.8F tEr[\'~E ' _ E 7l•I34, ACiS pf ~yJl. •PB,190112 RO~EII PQ~j1~A$ ~jj Ct~RK CIRCUR (~DURi, -Si. UJCIE 00, F!A together with all and singulsr the tenements~ he?editsmcnts and sppurtances thereunto belonyiny w in anywise ~ppertainirg thereto. ~nd sll rMb, issws. p~oceeds ~nd profib acuuing and to ~cwe from ssid premises, sll of which ~re inclwled in the above and fwgoirg dtwiptioe u~d h+bendwn. TO HAVE AND TO HOt~ the sbove described snd grsnted premises unto the ssid MORTGAGEE, its svuesson and assipe+ forevu. Md tM s~W MORTGAGOR fw their ~;rs, exec~tws, sdministnton and suigro, hereby covenants with the uid MORTGAGEE, its waes~ws and ~ssipro. ihat they are ~awfully seized of the s+id premises in fee simple; thst the same are fre~, cksr and diuhar~ed from all li~ns and ~ntvrM brances in Iaw w in equity, u~d 1Mt theY will and their hein shall w~rr~nt and.defend ths titk ro tht sarn~ ro tM s~id { ~ MORTGAGEE, its succeswrs snd auigns, fwever ~gainst the Iawful claims and demands of alf perwro; ~ PROVIDE~, ALWAYS thst if the MORTGAGOR shall pay unto tMe MORTGAGEE the pran"iswry oote hereinbefore described snd shall truly, promptly and fully perform, disch+rge, execute, compkte, comply with ~nd ab'~de by each and every ths stipulati«u, a9reemenn, conditions ~~d tovsnanri of said prom~ssory rate snd ot tha Mortg~ge, then this Mortgage and the Estate hersby ueated shall u~s~ and be nuU ~nd void. ' ~ IT IS UNDERSTOOD tMt the wwd "Mwtg~gor' whether in the singvlar or plural ~nywher~ in this- Mortg~ye, shall be sirgulu if ork only and ~ ~ shsll be plursl jointly ~nd severally if more th~n a+e, and that the wwd "fheir" as used ~nywhere in this Mwtgaye shall be tsken to me~n "i~is:• •'hen;• I or °iri:' wherever tt~e context so implies or sdmin. Alao, that wherever there is a reference in the coven~n» at~d ~yreart~ents het~in contairnd to ~ey of ~ rhe psnies hereto, the same shall be construed to mean +s well ~s the hein, lepal rep~esent+tives, successo~s and auiyna (either voluntary by ~ct of the t psrties a involuntary by operation of the law) of the same and that 1he covensnts herein cont+ined shall bind and the b~nefib and ~dvantpes inw~ ro tF~e respective hein, leysl representatives, successon and ass~9ns of the psrties hereto. Md said Mwtgs~ors, fa themselves and their hein, legal represent~tivd, successws a~d ~ssigro, hereby jointfy and sevtrally cove~aM ~~d pne ro and with the said MORTGACsEE, its successas and +uigns: r 1. To pay all ~nd sinpular the principal and interest and the various ~nd sundry swns of morxy payabl~ bp virtw of ssid promissar rat~, and tha mort9aye, esch and every, promptly on ihe dsys respettively the same severally becort~e due. 2 To p~y all snd s~rgvlar the ta:es, assesunents, levies, liab~lities, oWigstiais snd encwnbancet of every nawn snd kind now on s+id d~scrlbed property, a that hereaft~r may be imposed, wHered, placed, levied. a ~ssessed thereoe, a th~t hereafta may be kvied a as~es~ed upon tl+it Morp~ +ge, a tFw indsbtedness secured hereby esch-and everyr, whe~ d~e and payable, sccordiny ro law, befwe ther become delinquent, ~nd b~ia~ any fnttresf atraches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PR01111PT1Y SATISFIED AMD DtSCHARGED OF RECORD ANp THE ORIGINAI OFfICIAI DOCUMENT 1SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PMER OFfIC1AllY ENDORSED OR CERTIf1ED) SHAII BE PIACED IN THE HAkDS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER RAYMENT; and in the event that any thenof i~ not paid, sat'ified and dixharged sa:d MORTGAGEE may st any time pay the sarne o? any part thereof withovt wsiving o? +(fettiny ~ny option, lien, eqviry a •~qht vnder w by virtue of this mortgage and the full smount of each snd every such psyment shall be immed'utely due and payable and shall bear inferest i.om the date thereof until paid at rete of ~ine per centum per snnum snd together w~th such int~.qt sFj<I~~sec~~by~i~i~ of th:s moryts~t. ao~c V ~ : ~ - - ~ - r ~ j,. ~ ~ K~