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Home My WebLink About0074 ~35~21 Y THIS IN~ENTURE, Mads the 9th day of Au9USt , A.D. 19 72 between _ ' Katie C. Bailey, a Midow of St. Lucie ~oy~~y Florida, hereinatter designated af the "MORTGnGOR." and FIRST FEDERA~ $AVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpwation wganizerl ~nd exis~ing under the laws oi t~e Unired Srar~t of Amaica and Mving it~ principal place of buiinets in ~he City of Forl Pieres, S~. lucie County, Florida, hereirtafter dei~gnated as the "MORiGAGEE:' WHEREAS the MORTGAGOR is justly inckbted to the MORTGAGEE in the sum of ; ~1 , good and lawful mo~ey of 1he Un~ted 3 Stares advanced by fhe MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promisswy note of even date herew~tb, of wh;ch the following in ~i words and figvres is a trus copy, tawit: S 21.400.00 . No 3-18,654 Fort Picrce, Flotids, l~ UGJ US t 9~ 9 7 Z for value received, 1, we w either of us, promise to pay, witho~t defalcation, to the order of FIRST FEDERAI SAVINGS AND LOAt~i ASSC3~IAitON OF FORT PIERCE at Fort Pierce, Florida, the sum of s_ Zl +'4~•~Q with inte~est (rom date at the rate of 7•7~o per aanum, in monthly insrri!- ~»en~s as fol?ows: S 229 .0~ on the 15t day of ~tober ~9_ 72 and a iike sum on the correspo~d~ng day oF each month there- alter until the whofe be fvUy pald. Each installment first shatl be app~ied in payment of the interesl and then on the unpaid balance of the prindpal sum. If d ault is made i~ the ~ Fai~nent oF any installment when due, and such defautt continues 30 days, then at the opt~on of 1he holder, and without any other notit~, atl the remain~ng ~~stal{~nents shaii be due and payable at once. Privilege is given to prepay thia note in whole w in part at any time without penslty. Ncither fwebearante, nor acceptance by the holder thereof after any defau!t in any payments hercwn, shall be! deemed extension. A tate payment charge of S 11 ~45 shall bs .+~ded to each ins?allment remaining u~paid T days aiter its due date, and a like sum shall be added to each such installment r~maining unpaid 7 days after ~ each svcceeding payment'date. Esch maker, surety and endorser hereof, jointfy and severally, w•aives demand, p~esenrment protest and notice of prc+test for nonpayment, and funher agrees to any extensic~ of t~me af payment, eithe~ before or after maturity, without not~ce to any of us; and to pay all cosls of coilection, including a reasonable attorney's fee in the even? of any default hereunder, and hereby severatly waives al! benefit ofhomestead and exemption under the con~titution a~,d laws of each State of the U~ited States, as a9ainst this oblgation w any extensio~ or renewal he~eof. Witness the hand and seal of each party. S/Katie C. Bailey, a urridow (SEAtj . (SEAL) {SEAI) t $ 32 .1 O ~ state Revenue ~~U ~~~K NOW, THEREfORE, the MORTGA^vOR fw the purpose of secv~i~g payment of sa~d sum of S- 21 ~ 4~ , and the pcrfwmsnce of the covenants and agrecmenrs hereinafter e~epressed, and for divers good and valuabte co~siderations, by these presents, does grant, bargain, sell, remise, release, convey and co~firm unto the MORTGAGEE, its successors and ass~gns, all that certain lot, piece or parcel of land, sitvate, lying, and being in fhe County of $t. Lueie snd State of fbrida, deuribed ~s tollows: Lot 16, of Block 2, of CLYDE KILLER'S ADDITION, as per plat thereof on file in Plat Book 4, at page 73, of the public records of St. Lucie County, Florida. ? ~ . ~ 4A~l~ ~ rS E~' 7 - ~~y~i. oF t= L U~ i a ~ ;~^,,n ; t;:; W ~7'~A ~ ~ ~ ~C'~S5 '•~'`c' ~•..~ti1'.1'S lpyF~ ' Z DOCUNETlTAo~,.ST:~HP T:~X ~ ~ ~ ~~E - r ~1~ 0~ 0 C•- 0 ' R S~. 3 - = AUG-8'12 ' S~` e f - ~~~~w~.1 G~,~ j~ o = ~.a 3 G i ~~~Ulj 5 ~~,l N V uEaI.OF Civf?JE^_,.'•• C~~ P.B.~,o~~: `'w'' ro9ether with a!I and singular the tenements, herediqments and appurtsnces thercunto belonging a in anywiu sppertsining thereto, ~nd all rent~, is~ues, proceeds and protits accruing and to accrue irom said premixs, all of which arc intluded i~ the above snd fwegoing dexription snd habend~m. i TO HAVE AkD TO HOLD the above described and granted premises unto the said MORTGAGEE, its successo~s s~d assigns forever. Md !h~ said MORTGAGOR for - hQr heirs, executas, administralors snd assigni, hereby covenants with the said MORTGAC~EE, its sutcessors snd ~stigns, ~hat _ SI2@ 1S V, ~awfufly xized of the wid premises in fee timple; that the same sre free, ckar and dixharged from ~II lims and ~r?cum- brances in law or in equity, and that S~l@ W~~~ a~ her hein shall warrant and defend the title to the same to the said MORTGAGEE, its successors and ass~gns, forever against the lawful claims and demands of all persons; PROVIDED, AIWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed ~nd shalt truly, promptty a~d fully perform, d~uharge, executc, compkte, compty with and abide by each and every the sfipulations, sgreements, conditions and covenants of said promissory rate and of this Mortgage, then this Matgage and the Estate hereby aested shall cease and be null and void. IT IS UNDERSTpOD tMt the wwd "Nbrtgagoi' whether in the singular or plural anywhere in this Nbrtgsge, shall be singular if one only and ~ shall be plurol jointly and ieve~ally if more than one, snd that fhe word "thelr" as used anywhere in this Mortgage sha{I 6e taken to mea~ "his;' "hen," ~ or "it~;' wherever the context so implies w admits. Also, that wherever lhere is • reference in the covenants and agreements herein contained to a~y of rhe parties hereto, tF?e same shall be construed to mean as well as the heirs, legal ~epresent~tives, successwi and sssigns (eithe~ voluntary by ad of the parties or invotuntary by optrata~ of the law) Of the ~ame and that the covenaots Fxrein contained shall bind and the be~efits and advant~ges inure to the respedive heirs, legsl ~epresentatives, sutcessas snd ass~gns o1 the parties hereto. And said Mortgagors, fa themselves and their heirs, legal reprexntatives, successws ~nd sssigns, hereby joiroly and severaUy covenanf and ag~ee ~o and with the said MORTGAGEE, its successors and sssigns: 1. To pay all and singvler the principal and inrerest and the verious and sundry sums of money payable by virtue of said promissory note, and this r~rtgage, esch ~nd every, promptly on the days respeNively ~he same severally become due. 2. To pay ~II ~nd fingular the taxes, asussment~, levies, li~bilities, obligations and encumbrances of every nature and kind now on ssid desuibed property, or that hereafter may be imposed, sui(ered, placed, levied, a assessed thereon, a that•l~ere~fter may be levied or aisessed upon this Mort9- age, a the indebtedneu tecwed F~ereby, each snd evcry, when dve and payable, xcording to Isw, befwe they become delinque~t, ~~d be~ore sny interest a+tacfxs or any penalty is incurred; AND INSOFAR AS ANY ~HEREOF IS OF RECORD TNE SAMF SHAIt 8E PROMPiIY SAIISFIEU AVD OISCHARGED OF RECORD AND THE ORlG113A1 OFFIt1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACIIQN PAPER OFfIC1A~LY ENDORSED OR CERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd i~ rhe evcnt that any therroi is not paid, sat"sfied and dixhsrged sa'd MORTGAGfE may at any fime pay the same or any pa?f thereof witlwul waiving or affectirg any option, Iien, equity w •~~ht under or by virtue of this mortgage and the full amovnt of each and every such payment shall be immediately due and payable and shsll be+r interest ~r~ the date thereof until paid at ra~e of n~ne per centum per annum and together w~th such~j~,LC~e 1 be ucured b~he lien of th"~ mwgteye. U 'K ~ ~DOK :NCCf ~ ~Y ~ .,y.-~~u . :i - - - -