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Home My WebLink About0082 THIS INDENTURE. M~ds the 3rd day of Au9uSt A.O. 19 72 bc~ween Katie Mae Ray.a ~ridoM of St . Luc ie C~nty Ftorida, hcreinafter desgnated ~~i the 1"MORTGAGOR," and fIRST fEDERAI SAVINGS AND IOAN ASSpC1ATtON OF FORi PIERCE, a corpo~at~on org~nized and exist~ng v~der Ihe lawi of the United Statot ot Ame~ica and having its principal place of busineu in ths City of Forf Pie~ce, St. lucie Cou~ty, Flor7da. I~e~einatter designatod as the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of = S~ good and lawful money of the Un~ted State~ advanced by ~hr MORTGAGEE uroo the MORiGAGOR, as evidenced by a cena~n promissory no~e of even date herewiih, oi wh:ch the followiog in ~ words and figures is a true copy, to-wit: S 4,800.00 ~ 3-18,635 Fat Picrt~, Florida, AU9USt ~q_ 72 fw value received, 1, we or either of us, prom~se to pay, witlwW defalcation, to the order of FIQST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at Fott Pierce, florida, the sum of j d}$~•~~ with interest irom date at the ~ate of~..~~°,b per annum, in monlhly in~ratl- ~„ents as ~otlnws: S S2 on the 1 St day of ~tober ,~q 7? and a like sum on the cwrespoac4ng day oi each month there- ~frer until the whole be fully paid. ~ Each instaNme~t first shall be applied in payment of the interest and then on ~he unpaid balance of the prin~~pal sum. If d ault is made in the ~ arfnent of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, ali the remaining ~~~stalfinen~s shat~ be due and payable at once. Privilege is given to prepay this note in whole or in part at any t~me without penalry. Neithe~ faebearance, nor acceptance by the hotder thereof after any default in any paymcnts hereon, shall be deemed extenaion. A late payment charge of S 2! .6O shall be added to each instaltment remaining unpaid 7 days after its due dale, ard a like sum :h~ll be added to each such installment remaining unpaid 7 days after ea;h succeeding payment date. Each maker, surety and endc•ser he~eof, j^intty and severa!!y, waives damand, presentment protest and notice of p~otest for nonpayment, and further agrees to any extension of ~ime of paymeM, either before w after maturity, without notice to any of us; and to pay all costs of collection, includ:ng a r~~asanaGle attorney's fee in the event of any default he~eunder, and hereby seve~aity waives aH benefi~ af homestead and exempf;on under the tonstitulion .,nd laws of each 5tate of the United Stares, as against this obii9ation w any extrnsio~ or renewal hereof. W+tness the hand a~d seal of each party. S/Katie May Ray, widow (SEAI) (SfAt) (SEAL) S7 • 2O 1 State Revenue ~SEA~~ i NOW, THEREFpRE, the MORTGAGOR for the purpose of sccvring payment of said sum of S 4~8~•~~ and the performance of the covenants and agreements ha~ei~afrer expressed, and (o~ divers good and vsluabte co~siderations, by theu presents, dces grant, bargain, sell, rem~se, re!ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that cenain lot, piece or percel of land, situate, lying, and being in the Counry of $t. Lueie and Statc of Fbrida, described as tollows_ ~~Lots 15 and 16 in Block 1, of KILLERS ADDITION TO LINCOLN PAR1C, as per plat of same recorded in Pla,t Book 7, at page 32, in the public records of St. Lucie County, Florida. ~j- p4`it•{~ ~~^SE~; ~ s-~a~i~~~ t~~u~t~uA , c~ ~ DOCU~~r~~~=-., ~Tt~,~P T'~X ~~~°f~-:_ ~ 1.j1i. y,....,..r - ~ ~ ~ ~ = AUG-8'12 ^ = R~E,•r,C1y~~~, ~ ~ ; -,L1q~ 0 F1.~• ~ O - s5Y'+ ~ i~ O V`~~' . ~.r~ ! -`i` L~J+,~ fi 'l N V . " ` '~~:V ~ y\. . Mi*_ Jf Li.'e':i~E .'`w • ~ M n1!',`.v•_~~. ~8.l90112 ^CV','( " G;:. tegether with atl and singui~r the tenemenrs, hered'+faments snd appvn~nces thertunto belo~ging or in anywiu appertaining thereto, ~nd ill renri, issues, p~oceeds and profits accruing and to accrue from said premises, all of which sre included i~ the above and foregang dewiptan and habendum. TO HAVE AND TO HOID the above described a~d granted prcmites umo ~he said MORTGAGEE, its successors and sssigns foreva. And the said MORTGAGOR fw -her heirs, executors, admini~trators and assigns, hereby covenants with the said MORTGAGEE, iri s~cces~on arv! auigru, ~ rhat --She 1S lawfully x~zed of the said premises in fee simple; that the same ~re f~ee, dear and discha~ged from all liens ~nd encum~ f brances in law or in equity, and tbat_ Sh@, will and _ hE~L_ hein shslf warrant and defe~d the title to the ume to the said MORTGAGEE, its succeswrs and assigns, lwever sgainst the lawful claims and demands of sll persons; PROVIpED, AlWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promiuory note hereinbefore dewibed and shall truly, promptly and fully perform, d~uharge, execute, complete, comply with and a6ide by each and every the stipvfationa, syreements, conditions snd cwenants of s~id promissory rate and of this Mortg~ge, t}xn this Mortgage and the fstate hereby created shall cease and be null and void_ IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singular ot plural snywhere in this Mlortgage, shall be singu~ar if one only and shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "hi~;' "hers;' or "its," wlxrever the conrexr to impli~s or admits. Also, that wherever there is a referente in the covenanrs and sgreements herein contained to sny of the parties hereto, the same shall be construed to mean as well ss the heirs, legal rep~esentstives, successas and assigns (either voluntary by act of the partia or involuntary by operation of the taw) oi the same and that the corenants herein contained shall bind ar?J the benefits and adv~ntages inure +o tFm rppective heirs, lega! representatives, successors and ass'gns of tFu parties hereto. And said Mortgagors, fw themxlves and their hein, legal representatives, successors snd assigns, hereby jointly and severally covenant and agree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all and sirgutar the principat and interest and rhe var~ovs and sur~dry sums of money payable by vinue of said promissory note, snd this monyage, each and every, promptly on the days ~espectively the ssme severally become due. 2. To pay all and singular the tazes, ~ssessments, levies, liabilities, ob~gations and e~cumbrances of every nature and kind now on said dexribed property, pr that hereafter may be imposed, suffe?ed, placed, levied, or aucssed thereon, or that hereaftea may be lev~ed w sssessed upon this NlortQ- j age, or the indebtedness secured hereby, each and every, when dve and payable, according to Isw, be(ore they bccome delinq~reM, and before a~y intereft a+raches o~ any penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIEO ANO DISCHARGED OF RECORO ANO THE ORtGthAl OFfIC1Al DOCUMENT (SUCH A5, fOR lNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not oaid, sat'sfied and d~scharged sa:d MORTGAGEE may at a~y time psy the same w any part rhereof withovt waivirg o? affecring any option, lien, equity or •~yht under or by virtue of this mortgage and the fu~l amouM of eath and every iuch piymeM shall be immcdiately due and payable and shall bear interest <<om the d~te the~eof until pa~d at rate of n~ne per centum per annum and to~t~r h interest sh~secured by the lien oI 1h's morgtsge. ~ > - - - ~ - ~'"r` ~ < h= ` °'~i.,' ~ ~ ~ ~ --a~` , I -