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Home My WebLink About2012 ~ ~ ~N . 1~ . ~ ~ : \ t~ TNIS INDENiURE, Mad~ the 28th day of - A.~. 19~., between Mark R. MontQOmer3r and MarKaret A. MontQaners?, his Wife ~ . of St• »Ci~ County Florida, he~e~naita de~i9nated as the "MORTG%1GOR," an~ FIRST FEGERA~ SAVINGS ANO LOAN ASSOCIATION OF fORT PIERCE, s co~porot~a~ wgani:ed and existing under the Isws of the United S~a~~s of Amerita and Mviny its {u~ncipal p~ace of buiinets i~ 1F» City of fort Pierce, St. lucie County, flaids, hereinaiter det~g~ated as th~ "MORTGAGEE:' . WHEREAS Ihe MORTGAGOR is justly indebted to the MORiGAGEE in the sum oi ~ ~ 7~~~~~ good and lawful money of ~he Un~ted z S~ates advanced by rhe MORTGAGEE unro the MORTGAGOR, as e.ide~xed by a certain prom~sscry nate of even date herewith, o( wh~ch the foltowing in words and figures is a true copy, to-wi~: s_ 17,,000.00 N,3-18,613 Fwf Pierce, Flaids, 28 19~- For value received, 1, we w etthe? of us, prom;se to pay, without defalcalion, to the o~der of FIRST FEOERAI S.~AV.~IN~+GS AND IOAN ASSOCIATION OF FORT PIERCE at iort Pierce, Florida, the sum oi S--! l-i--~~~-~ w~th imeres~ from date at the rate of [~?7 :~o p~~ annum, io monlhly instalb ~~~en~s as (o~lows: S ~ 2 on the~ st day of ~P~~~r 19_L- and a like sum on the corresponding day of e.,ch month there- ~ af~er unlil the whole be f~Ily paid. ~ Each installment first shall be applied in payment of the inte~est and then on the unpaid balance of the p~inc~pal sum_ If d ault i'a made in 1he Y ; a~ment of any i~~stallment whrn due, and such dafau~t cont~nues 30 days, lhen at the option of the holder, and wiihout any o~her nc+tice, a~l tne remaining .~~staltments shall be due and payable at ance. Privilege is given Io prepay this note in whole w in part at any time without prea~ty. NeitLher (orebearance, ` ncr acccptance by the holder thereof after any default i~ any payments hereon, shall be dcemed eatensio~. A late payment charge of S v~~ sh~~l be J :,J:1ed to each insrallment remaining vnpa~d 7 days aiter its due date, and a like sum shall be added to each such installment remsining unpaid 7 days after e~ch succeeding paymeM date. ~ Each maker, su~ety and endorser hereof, joirttly and severally, waives demand, p~esentment proteat and not]ce of protest fw nonpayment, and furthe~ agrees to any extension of time of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of co!iection, includ:ng a ~ reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all ber+efit of homestead and exemption under the constitution ~ ;nd laws of each State of the United States, as aga~nst this obligation w any extension o? renewal hcreof. Wirness the hand and seal of each party. s/ Hark R. Montgomery ~nu ~ (SEAI) ~ s/ Karaaret A. MontQOm~rg ~A~~ ~ g25. 50 ~U ' ) State Rev~nue - lSur~p?.carwtl~i~w~ri~iw~wM~ i ~ ~ ~0 ~ ~ NOW, THEREFORE, the MORTGAGOR fo? the purpose of securing psyment of said sum of S ~ • and the perfotmu?ce of the co•lenants and agreemev~ts hereinafter expressed, and fw divers good and vatuable conslderations, by these presents, does grent, bargain, sell, remise, reiease, convey and confirm unro the MORTGAGEE, ifs succeuors and assi9ns, all that csrrain lot, piece w parcel of land, situate, lying, and being in the Couny of St. ~,11CiA and State of Flo+ida, dexribed +s iollows: Lot 29~ and the East 1/2 of Lot 3~~ PARKWAY PLpCE, as per plat thereof on file in P'lat Book 4, Page 7, of the Public Records of St. Lucie Caunty, Florida ~ ~ ~ r I I I ~~'~i'--~ a~ ~ L O R I O A ~ ' Z ~DOC~NT ~nySTlal~_P T/! X ' ~ • U,U ; ~ J ~ = Jl~ 28'72 + ~ ~ - 1N P~ ~ , ~ U ovr. ar ~tr[?~;t 2 5 5 0~ DIE ON C1115S ~7~ „ 1~. ~ Of 1911. .~..~~~r f _ PURSIMMT ~ER PORRI~ U ~RK CiRCUI~ OOURi. ST. 1alCtE 00+ rogether with slt and singular the tenemcnts, hereditaments and appurt~~ces thereuMO belagirg w i~ anywise appertaining 1F~e~eto, and all rents, iuues, oroceeds snd profits accruing and to accrue from said premises, all of which a~e included in the above and foregoing dewiption and habendum. TO HAVE AND TO HOLD the above describcd and graMed premiaes unto the said MORTGAGEE, its successors and ~uiyns forever. Md tM said MORTGAGOR fw ~~~s, e:ecutws, administrators and assigns, hereby covenants with the said MORTGAGEE, ib successws ~nd +uiyro, rhat lawfully se~zed of the said prem~ses ir. fee simple; thst the same are free, clear ~nd dixharged from all lienf and encum- brances in law w in cquity, and that thev _ will and their heirs shell warrant and defend the title to the s+me to the s+id h10RTGAGEE, its successors and augns, forever against the lawful claims and demands of alt penons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisso~ry note hereinbefwe described and sMl) truly, p~omptly ~ and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, s9reements, conditions and twenanri of said promisswy note and of this Mwtgage, then this Mortgage and the Estate hereby aeated shall uase and be null and void. ~ IT IS UNDERSTOOD tMt the wwd "Nbrtgagor" whether in the siogular w plwal mywFxre in this 1Nortgage, shall be sirqul~r if one only snd ~ shall be p!u?al jointly and severally if rtwre than one, and that the wwd "their" as uscd anywhere in this Maty~ge shsll be taken to mesn "his;' "hen," ~ or "in,' wherever the coMext so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to my of ~ the p+rties hereto, the ssme shall be construed to mean as well ~s the heirs, lega~ representatives, iuccesson ar.d assi9ns (either voluntsry by act of the ~ parties or involunury by opera~'an of the law) of the same and that the covenants herein contained shall bind and tbe benefits and adwntapa inur~ fo tFx respective hein, tegsl representatives, successors a~d ass'gns of the pa?ties hereto. ~ And said Mortgagors, fo~ themselves and their heirs, iegsl rcpresentatives, successws ~nd •uigns, hereby jointly and severally covenam and syree ro and bvith the said MORTGAGEE, its successws and suigns: ~ 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this ~ mortgage, eacF~ and every, promptly on the days respeciively the same sever+lly become due• ~ 2. To pay all snd ~ingular the taxes, assessments, levies, lisbilities, oblig+tions and encumbrsnca of every nature and kind now on said dewibed prope~ty, a that hereafter may be impoud, suffered, placed, kvied, or assessed thereon, o? fMt heroafter msy be levied a sssessed ~pon this Mort¢ ~ age, or the indebtedneu secured hercby each ~nd eve?y, when dve and payable, xcording to law, before they become delinquent, a~d before ~ny iMerest zefaches or any penalty is incuned; AND INSOFAR AS ANY THEREOF IS OF RKORD 1HE SAN1E SHAII BE PROMPTIY SATISfIED AN~ DISCHARGED OF RECORO AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAVER OFFICIALLY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENI; and in the event that any thereof is not pa~d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same w any p~rt thereof without waiving or affetting any option, lien, equity p •~qnt under o~ by virtue of this mortgage and the full amount of each and every such psyrtunt shall be immediately due ar+d payable snd thall bear interest r ~•om the date thereof until pa~d at rate of n~ne per centum per annum and togethe~ w~th such interest shall be secured by th lien of th:s moryfa9e. ~~~~~ii ~3w ~s `N :'r ~ ~ . K _ 'x ~.t_ N k.~-r =:de- ~ _ 'T~ w+1-~sc_ :r~`Y-'_»^ _ 1 ~.q:-'.`.:. - - . . _ . ~ _ .