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Home My WebLink About1695 `,~~#.tli~~'i . v ' . , ~ j . • ~ i ~ L TNIS INDENTURE. Mad~ tha 24th d~y of `Jvly . A.D. 19 72 betwean Earl Simmons and Far~nie L. Simmons~ his .wife ~ + of St . WC1Q Covnly Florida, hereinafter deiignated as the "MORTGAGOR;' and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwpaation or9~~ised end exi~~ir~y unde~ tM laws of tM United St~tos of Mwrica and Mviop i» princip~l plac~ of buiin~ts in tM City of Fw~ PiNC~, St. lwie County, florid+, h~reiMftN desiynated as tFw "AAORTGACaEE." WHEREAS the MORTGAGOR is juatty indebred ro the 1NORTGAGEE in the sum of s~3 ~2~.OQ good ~nd lawiul money of the Un~ted S~atei advanced by~ the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain prom~uory no~e of even date herewifl+, of wh~ch the (ollowing in words and figures is a true copy, tow;h :13.200.00 ~ 4-18~598 For? Pierce. Fl«~da. JUly 24. 19~ For value received, we or either of us, prom~:e to pay, withwt defalcation, to the order of FIRST FEUERAI SAVINGS AN~ IOAN ASSOCIATION OF FdRT PIERCE at For1 Pierce, Flo?ida, the sum of = 13 +20~. ~0 w;th interest (rom date at the rate of7! 7SO,~ per annum, in monthly install- inents as follows: S 1O9 • on tF+e day of S~ tem6er 19_~e_ and a like sum on the cwresponding day of exh month there- after untii the whole be fully paid. . ; Each installment firat shall be apptied in payment of the i~te?est and the~ on ths u~paid balence of the principsl tum. Ii d auM is made in the ~ ~aymeM of any installmenl when due, and such defauh continues 30 dap, then at ihe opti~n of the holder, and without sny other ~otice, all the remaining ~nsrallments shall be due aod payable at once. Privilege is g~Yen to prepay this note in whole o? i~ parf at eny t~rtie without penalty. Neither fwebcarsnce, nor acceptance by the holdei thereof atter any default in any payments hereon, shatl be deemed exte~sion. A late payment charge of j 5. 45 shall be added to each installment remaining unpaid 7 days after its due date, and a like sum shsll be added to each such installment remaini~ unpaid 7 days ~her each sutceeding payment date. Each maker, su~ety and endorser hereof, jointly and severatly, waives demand, p~ese~tment protest and notice oi protesl for nonpayme~t, and furthe~ agrees ro a~y extension of time of paymenL either before or after maturity, without not~ce to any of us; and to pay all coats of collection, inclvdiny s reasonable attwney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the co~stitution and laws of each State of the United States, as against this obligatior~ or any extension or renewsl Fureof. Witness the hand and seal of each pany. - ' ' s/ Earl Simmons ~~u ' (Senq s/ Rannie L. Si~mons ~ ~ 519.80 ~ state Revenve t~t4~vnod~ as aig'snd ~aW NOW, THEREFORE, the MORTGAGOR fw tF~e purpose of securing p~yment of said sum of f 13 ~2~Q• . snd the performsnce of ths coven~nts and agreements hereinafter expressed, and fw divers good and valwble cortsideratip~s, by fhese presents, does graM, barqain, sefl, remiie; release, convey and tonfirm unro the MORTGAGEE, ih succeuors and +uigns, all that certain bt, piete or pucel of Isnd, situate, lyiny, and beirg in ths ~~~ty St . LuC 16 , and State of Florida, described ~s follaws: Lot 11, Block 34, SUNLAND GARDENS, PLAT 2, as per plat thereof on fiie in Plat Book 9, page 54, of the Public Records of St. Lucie County, Rlorida, ~ STA~f" t~F F L O R 1 U A - t~ ppCUMENTAo" STA~lP TAX . - ~ - JI~26`R `~M ~e V = = t I~ v O= ~~p. y~ 1N PAYMENT Of TA.~ N ~[Pi.~F !~ltYL _ " PB.ttol?2 + - Rf~D ~ IN7ANGIBLE PERSD~AI ~?EW'~. WE aN CLASS 1~ 71-134. Ai;TS Of lyfl./y~ ~ y,~ PURS11ANt i0 CN~P ROGER POI1RA.S CIERK C~HG11T GOURT. ST. LUCIE CU., fUL rogether with sll and singular the tenements, he?ediumenh and sppurt~nces therev~fo belonginQ w in a~ryrwae ~ppertaininp thereto, and all rent~, iuues. ' p+oceeds and profib ~ccrving and ro sccrue fran si~d premises, all of which sre included in the abo~ve and foreyoirg d~seriptan and hsbendum. I TO HAVE AND TO HOW the above dexribed and granted premises uMO th~ s~id MOATCsAGEE, itt svaeuo~s and a~siyns forever. Md th~ said MORTGAGOR fw the ir he;n, executon, administwtws snd augra, hereby covenann with the said MORTGAGEE, it~ successon u~d usipro, rhar thev are lawfully seized of the said pramises in te~ simple: that the same u~ free, ckar and discharyed from aH liem and ~ncum- brances in law or in equity, and thst thev w;~~ their F,e;rs sh~11 wa?rsnt and dsfsnd the titk a fhe sam~ to tM said MORTGACsEE, in successors and auigns, faevcr ~gainst the lawfui cls'uns and dema~ds of all penons; PROYlDED, ALWAYS that if the MORTGAGOR sMll psy vnto ths N10RTGAGEE the prorriissory note hereinbefor~ described and sh+ll t~uly, promptly and fully pe?fam, d~scF?arge, execute, campkte, comply with and abide by escl+ sn~ every the itip~rtatiora, sgreert~ents, conditioro and covsnanh of aa7d promissory note snd of this Mwtgape, then this Moitgage and the Estats hereby veafed tl+all ceas~ and be null and void. IT IS UNDERSTOOD thst tF,e word "Mwt9sgor" whether in the singular or plwal anywher~ in this Mortyaye. shall be sirgulu if on~ only ~nd ~ shall be plursl jointty and uve?ally if mae tha~ one, and that the word "their" ss used anywhere in this Mort9~ge sMll be taken to mean "his;' "hen;' w"its," WFk.MEVN the confe~t w implies a ~dmin. Alw, that wherever there is a?aferencs in ths coven+nn and a9reemenb herein oootained ~o ~ny of rhe parties hereto, the same sh~Il be construed fo mean ss well ~s the heirs, tegal r~present~tiva, succes:on and auqns (either volu~tary by act of tlw parties or involvntsry by operation of tFx law) of the same ~nd that tF?e coven~nts htrein containcd thall bind and tla benefits and advantyp inurs ro the respective hein, lega! ~cp?eseotatives, successon and au~pns of the psnies hereto. Md said Mortgagors, fa themselves snd their 1?eirs, legsl represent~t;es, successors ~nd suiyns, hereby jointly ~nd sevaally toven~nt and apree ro an3 with the said MORTGAGEE, its successors and auiyns: 1. To pay ~il,u?d sirgular the principal and imerest ~~+d the varian ~nd sundry wms of maieY paYable by virtve of said promiuory note, and tF~is mort9~ge, each aod every, p~pnptly on Ihe days respectively the isme severally becortK due. 2. 1o pay ~ll ind tirg~lar the taxes, usessmenb, levie~. lisbilii~es, oblipatio~s ~nd eacvmbranaa of evtry rwtw~ and kind eow on said davibed prope?ty, a tMt hereafter may be imposed, suffered, pl~ced, levied, or assessed thereon, or that hereafte~ may bs kvied or usessed vpon this MatQ- ags, or tM indebtedness secured h~reby, tach and srery, when dve u~d pay~ble, sccadi~g ta law, befwe they become delinqwnt, and b~fon any iM~res~ atraches w sny penalty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIED AND D15CMARGED Of RECORp ANO THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR IfYSTANCE, THE TAX RECEIPi OR ?HE SATISfACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event that sny thereof is not paid, sat:sfied and distharged ss'd MORTGAGEE may st any time pay the same or ~ny paA thereof without wsiviny o~ affecti~y any opfion, lien, eqviry a •~qht under w by virtue of this mwtgage and rhe full amount of e~ch ind ercry such payment shall be immediately due and payabk and shall beu interest <<om the dare fhereof until psid a? rate of nine per cenrum per annum and toyc~her ~t ~t eir thall~~se~urfd by the lien of th:s mwytpe. eo ~ ~:U~ ~acr 94 3 ~ ~ ~ n ~ ~ = ' ~ A~ ~ ~ ' ~