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Home My WebLink About2377 ~ 234520 ` THIS INDENTURE, Mad~ the lst day of - a~LQ~~.~ - A.O. 19 72 ~ between _ , Roland B. Nicholson and Elisabeth S. Nicholson, his wife 1 of St • I.t1C~8 ~oy~~y flwida, he~ei~afttr designated as the~ "MORTGAGOR;' and FIRST FEDEitAt SAVINGS AND tOAN ASSOCIATION~bF FORT PIERCE, a corpwafion orpanized ~nd ex~stin9 unde~ ~h~ lawn o( tM United S~at~t of America and luvinq its principal place of busineu in ~M City of Fon Pieres, St, lucis Couny, Florida, hereioa(ter desi9na~ed as ths "MORTGAGEE.° WHEREAS the MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum of = 21 , good and lawiul money of the Un~~ed Srates sdva~ued by the MORTGAGEE unto the MORTGAGOR, as evidencrd by a cer~ain promisswy note of evc~ date herewitF, of wh~ch the followiry in worda and figures ii a frue copy, to-wit: ~ 21,500.00 ~ 3-18i632 Fort Pierce. Flaida. August 1~ 19 72 fw value received, i, we or either of us, rom~se to ; p pay, wi~hout defaltation, to ~he order of FIRST FEDERAI SAVINGS AND lOA1J ASSOCIATION OF f03t~ AIERGE af Fort Pierce, Fbrida, the sum of f 21 .5~ w;th intcrest (rom date at the ~ate of 7• S% per ar~num, in monthly inslall- ments as follows: S~~ on the lat dsy of ~t~ber , 1972 a~d a like sum o~ the cwre~p~ndinp day of each month there- ~ after ~nlil the wFwle be fully paid. Each installmrnt first shall be applied irt payment of the interest snd then on the unpaid balance of the princ~pa! sum. !f d ault is made in the payment of any installmcnl when due, and such default continues 30 days, then at the option of the holder, and without sny other notice, aU the remaining ~nstallments shall be duc and payable at axe. Privilege is given to prepay this note in whole or in part at any fime without penatty. Neither forebea~arrce, ~ nor acceptance by the hotde+ thereof after any default in any payments hereon, shall be deemed extension. A tate payment charge of j 1O'~ shal) be ~ added to each insrallmrnt remaining unpaid 7 days after its dua daie, and a I~ke sum shall tx added to each such installment remaining unpaid 7 days after each succeeding payment date. ~ Each maker, surety and endorser Ae~eof, jointly and sevcrally, waives demand, presentmeot protest a~d notice of protest for rwnpayment, and furthe~ agrees to any extension o( ?ime of payment, eithe~ before p afle~ mafurity, without notice 1o any of us; and to pay all costs of collection, including a rrjsonable a~torney's fec in the eve~t oF any default hereunder, and hereby severally waives all benefit of homestead and exempt;on u~der the constitutan a~~d laws of each State of the United States, as aga~nst this obligation or any eatensiw? or renewal hereof. Witness tlx hsnd and seal of each parry. ~ (SEALJ ~ s/Roland B. Nicholson ~~Ai~ cs~?u s/Elisabeth S. Nicho2son ~U ( ~~a a State Revenue tS~aw~s-Mwwllei ~iQi~wt-rw») NOW, THEREFORE, the MORTGAGOR for the purpox of securirg payment of said sum of i 21 , and the perFwmance of thQ ` ~ covenanls and agreements hereinafter expresud, ~nd fw d~vers good and valv~ble considerafions, by these presents, does grant, ba~gain, sell, remise, ; release, convey and conlirm unro the MORTGAGEE, its succeuors a~d auigns, sl{ that certain bt, piete or parcel of land, situate, lying, and being in the ~ County of St. Lueie and State of Florida, desvibed as followi: - ; The SE~ of the NE'~ of the SE~ of Section 32, To~nship 35 ~ South, Range 40 Baat, _ ,tisS ~ - ~'~y' ~a. ~ r.!;,~~~ • ~ r!'~, i • ' ~ o ~ W S~~~tai~~Fr~~URlua 3'%~,~_-;:~.~1~ u ~ DOCUi~7E~ iA~_"_ ~TI,~P TAX ~~';:t.'t ~y'',(~ ' - _ _ ~;R, ~ c 1- j~ ~ = aUG-2'72 E-f'=: - ~c~`'•,' ~ ~ , ~"~a~' J`~S.S `~v,~f` ~ ~ = ~3225: w,~-~~•~:~a . ~ ~~o, H OfiT.Of ~i~EtiuE - ~ ~ ~ P.B.190112 ~ v~f ^S't • 4~r''GJ`~ ! f rogether w~th ~II ~nd singvlar the te~ements, he~editaments and appunances thereuMO belonging p in enywise appertaining thereto, and sU renri, iss~res, ? proceeds and prolin acuuirg and to actrue from said premixs, all of wFi~ch sre included in the above and fore9oing dewiption a~d Mbendum. ~ TO HAVE AND TO HOLD the above desuibed snd granted prcmises unto the said MORTGAGEE, ib suaeswn and assig~s forever. And tF» saW ' ' MORTGAGOR for thelt____ ~;~s, executas, administratws and assigns, hereby cwen~nts with fix said MORTGAGEE, its sa~ctessws and aui~ro, ~ rhat they are _~,~~~~Y k~zed of the said premisss i~ fee simple; tFut the same sre free, clear ~nd dischsrged from all lieru and encum- ? brances in bw or in eqvity, and that t~v will ~nd their hein shall ws~rsnt and defend the titk fo the s~me to th~ said MORTGACaEE, its succeuas snd auigns, forerer against the lawful claims and demsnds of all perswis; PROVIDED, ALWAYS that if the MORTGAGOR sFull psy vnto the MORTGAGEE the promissory note hereinbefose dascribed and sMll trvly, promptly and fully perfa~, discharga e:ecute, compkte, comply witF~ and abide by euh snd every the stipulations, agreementi, condiYwns and rnvenanb o! aid promiuwy note and of this Mortgage, then this AAatgige and the Estate hereby aeated th~ll ua~e ~nd be null and void. tT IS UNDERSTOOD that the word "Mortgsgor' wheti~er in the singular or plu~al ~nywhere in this NbrtysQe, thall be singular if one only and shall be plural joimly snd ieverally if mwe than o~t, ~nd that the wwd "their" ~s used ~nywhere in this Mort9age shall be taken to mea~ "his;' "hen," or "its;' wherevcr the context w implies or admits. A(w, thsl wherever the~e i~ a reference in the covenants and apreemenri herein contained to any of fhe parties hereto, the same shall be construed to mean as well as the lxirs, legsl representativp, wccesson ~nd assigns (either voluntary by ~ct of the parties or involuntary by operalion of the Iaw) of the same and that the covensnts he?ein cons~ined shall bind ~~d the benefiq ~nd adwntages inun to the rapective heirs, kgsl rcpresentatives, succetsors ard ass~gns of the parfip i~ereto. And said Matgagon, fo. themxlves and /F~eir heirs, legal represenratives, successas and auigns, hereby jointly and severally tovenanl ~nd aq.ee ro and with the ssid MORTGAGEE, its successors and assigns: l. To pay sll and tirgulsr Ihe principal and interest snd the variovs and sundry wms of money psyabfe by virtue of said promissory no~e, and this ~ mortyage, escA snd every, promptly on the days rapectircly tbe sa+ne severally become due. ~ 2. To pay all and iirgular tbe taxes, issessments, kvies, liabilities, obligations ~nd encumbr~nces of every nature and ki~d ~ow on said described i property, or that hereafte~ m~y be imposed, iuffered, plxed, levied, or sssessed thereon, or that hereafter may b~ levied w usessed upon this Mut9- ~ age, a tl~e indeb~edneu setured hereby, tscA snd evety, when due and payable, suordinp to lsw, befwe lhey become delinquent, and be~ore ~ny interest arraches or any peralty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIL 8E PROMPiIY SATISf1ED AND DISCHARGED OF - RECORp AND TI;E ORIGINAL OFFICIAI DOCUMENT ~SUCH A5, fOR INST/INCE, THE TAX RECEfPT OQ THE SATISFACiION PAPfR OfFICIAIlY ENOORSED OR ~ERTfF1EU) SHAiL BE PUCED IN THF HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; •nd in fhe eveni fF~f sny thereof is nof pa~d, aat"sfied a~d dixharged sa'd MORTGAGEE may at any t~me pay the same p ifly Pif1 1F1lflOl without waiving a affetliny sny option, lien, equity w •~qht unde~ w by virtue of this mortgage and the /ull amount of each and erery ~uch payment shall be immediately due and payable and sh~ll besr i~terest ~.om t!k date Ihereof ~Mil psid st rate of n~ne per centum per annum sndno~t~~yit4 suc' in~e37 11 be secured by the lien of th:i mor9taye. ~ CC~F~ V~ V -,F~ ._:Y .v_ , r