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Home My WebLink About0311 L . 235201 ~HIS INDENTURE. Made the 4th day of AUC1USt A.D. 19 72 between Verderv A Clark and Amelia Ta Clark} his wife af $t. L.U~1C ~ County Fiorids, here~nairer des~gnated as the "MOR~('iAGOR," and FIRST-FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporat~on o~ganized and exist~ng under the laws of the Un~ted S~atos of America and having it~ prinupal place of busineu in ~he City of fwt Pierce. St. Lucie County, Florida, hereinaiter designated as the "MORiGAGEE:' ; WHEREAS the MORTGAGOR is justly indebted to the MORiGAGEE in the sum of 516 ~~.00 , good and lawful moneY of the Un~fed States ad+ancad by the 1dORiGAGEE unto ~he MORIGAGOR, as evidrnced by a certam promisswy note oi even date herew~th, of wh:ch the loilowiog in ~ords and figures is a true copy, to-wir. ~ s~.000. 00 tro 3-~-~ 639 fort Pierce, Florida, • AUqUS t 4. _19~ Fw value received, 1, •xe or ei~her of us, p~on~~se to pay, without defalcai~on, to the order of FIRST FEOERAL SAVING$ ANO LOAN ASSOC~AiION OF FORT PIERCE at Fort Pierce, Flo~ida, ~he sum of 5--16s~0~.QQ-_- w:th mterest from date at the rate of 7!25D.o pet annum, en moMhMy instalt- ~nrnts as fol!ows: S 167. OO _ o~ ?he 1 St day of ~Cemb~'r 19__72 and a li4e sum on the correspond~ng day of each moroh there- atrer until rhe whole be fvlly pa,d. Each instaliment first shall be appl~rJ in pay~nent of the inte~est and then on the unpa~d balance of the princ'pal sum. If d auit is made in the Fa~ment of any insrallment when due, and such defa~tt continues 30 days, then at the opt~on oi the holder, and without any other notice, aU the remain~~g :~,srallments shall be due and payab:e at once. Privilege is given to p~epay this note in whole or in part a~ any t~me without penalty. Ne~~her forebeara~ce, nor accepta~ce by the holder thereof afte~ any defavtt ~n any payments hergon. shall be deemeel extension. A lafe payment tha~ge of 5-8-'35-. sfiall be ~d:fed ro each installmrnt remaining unpa~d T days after its due date, and a Iike wm shatl be added !o each such instai~ment rema~ning unpaid 7 days after eech succeeding payment date. Each maker, surety arxf endo:ser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest for nonpayment, and further agrees ro any extension oi t~me of payment, e~tner before o~ after matur~ty, wiihout no!~ce to any of us; and to pay all costs of collection, includ:ng a r~~~sonable attomry"s fee in the event ot any dc`au~t hereundrr, and hereby severally waives a:l benefit of homestead and exemption under the constitution s,d laws oF each State of the United States, as against Ihis obligation w any ezte~s~on o: renev~al hereof. Witness the hand and seal of each parry. . sI Verderv A Clark (SEAI) (SEAL) s/ Amelia T. Clark ($EAl) (SE/?U $24 ) State Revenue RA 1ti~~7t10f11~~f1i1C 710i~ 16 ~ 000 . 00 and the rformance of the NO'JV, THEREFORE, the MORTGAGOR for the purpose of seturing payment of said sum of S P~ . covenants and agreements hereinafter expressed, and for divers good and valvable considerations, by these presents, dces grant, ba~gain, sell, remiae, ~e~ease, co~vey and confhm unto the MORT6AGEE, its successors and assigns, all that certain lot, piece or parcei of land, situate, lying, and being in the Counry of $t . WCle and State of Fbrida, dexribed as follows: From the southeast corner of Lot 2, Block 3~ SURFSIDE, UNIT ONE, as per plat thereof recorded in Plat Book 10, page 17, St. Lucie County, Florida, public records, run South 28° S1' West along the West line of Bayshore Drive, 85 feet to a point of curva- tuze; thence on a circular curve, concave to the northeast, having a radius of 75 feet, run 5 feet to the Point of Beginning of the lands herein described: From said Point of Beginning continue on the aforesaid circular curve, 51.7 feet; thence Southwesterly 215.52 feet to a point on the West boundary of Block 11, S~JRFSIDE, UNIT TWO, as per plat thereof recorded in Plat Book 11, page 8, af the ' St. Lucie County Public Records, said point being 272.82 feet Southwesterly from j the Southwest corner of aforesaid Lot 2, Block 3, SURFSI~E, UNIT ONE, as measured ` along the bulkhead line disclosed by said plat; thence Northerly along said bulkhead l ine 172.8 feet ; thence Southeasterly 150.47 feet to the Point of Beginning ~ ~ o c QAJh,`Kt ~ j~.~+' i \K ~p:;~~ ~ ?~-c' O~ ~~,qttwlG~1 ~~S r t_ C) F~ t U~? W ~j I!~ 1~ L- RECE'N'~~~5 pSER 1 Qp1tN'r ~~1E fA" ~ 1 t, p T ~ U~- ~~i j~~ Ct?~` t~~ s~' V~ ,11l.rP:T.•, . 5~" V r t t, f.;,_~ •.;4 _ ~ ~,S`~• ? ~ 7 Z 2L'G 11"2 y'~ - Qv ~ ~ c = ` 2 4 0 ~ ~ r c~ - • N l.E''- -f S . `c •E~_~-_'-- - s fiJtlt P.B• !ogether with all and singular ~ne tr~cme~ts, hereditaments and appurtances thereunto belonging w in snywise appertaining tF~treto, and sll rents, issues, p~oceeds and prof;ts accru~ng and to accrue from said prem~ses, all of which are inctuded in the above and foregoing dewiption +nd habendum. TO F1AVE AND TO HOID the above de:cribed and granted ptem;us unto fhe said MORTGAGEE, ita successors and ssaigns foreve?. And ths sald tf161~ NIORTGAGOR for ~~~s, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its successart and ~uiyns, thar -they_ dYe ~awfully se~zed of the said prem~ses in fee simple; that the same ~re free, clear and diuhsrged from all liens and encum- ~ b.ances in law or in cqu~ty, and that t he y w~ll a~d t he i r heirs shall warrant and defend the title to the ssme to the said MORTGAGEE, its svccessors and ass~gns, forever against the lawful daims snd demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE tF~e prom~ssay note he~einbefwe deuribed and shall truly, promptiy ~ and fuliy perform, d~xharge, r:ecu~e, complete, comply wiih and sbide by each snd every the stipulations, +greements, conditions and covenants of said prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby crcated shsll cease and be ~~II and void. ~ IT IS UNOfRSTOOD that the word "Mortgagor" whether in the singufai w plural snywhere in this Mortgage, ~hsll be singular if one only and shall be plural jointly and severally if more than one, and that the wwd "iheir" as uud anywhere in this Nbrtgage sFull be taken to mesn "his;' "hers;' or "its," wherever the conteat w implies w adm~fs. Also, that wherever there ia a teferente in the covenants and sgreements herein tontaine~ to any of ~ the parties hereto, tF~e same shall be construed to mean as well as the heirs, legaf representatives, successors and auig~s (either voluntary by ~d of the ~ parties or involuntary by operation o( the law) of the same and that the covenants herein co~tained shall bind ~od the benefits and sdvantages inur~ ro the respective heirs, legal reprexntatives, successors a~d ass~gns of the parties hereto. ~ And said Mortgaqors, fw themselves artid their heirs, legal representatives, successors and assigns, hereby jointly snd severolly covenaM and agree ~ ro a~d with the said MORTGAGEE, its successo.s and sssigns: ~ 1. 1o pay all and singular the printipaf and interest snd the various and sundry sums of money payable by virtue of said promissory note, and this mo?tgage, esch and every, promptly on the days respect~vely the same severatly become due. ~ 2. To pay sll and s~ngular the taxes, assessments, levies, Ilabilities, oWigations and encumbrances of every ?utu~e and kind now on ssid dexribed ~ prope?ty, or that hereafter may be impoud, suifered, placed, levied, or sssesud thereon, or that hereafter may be levied or assessed ~pon this Mut¢ ~ ege, w the indebtedrxss secured Fxreby, each and every, when due and payablt, attordi~g to law, befae they become delinquent, and befwe any interest attaches a any penafty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPiLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAI OfFIC1Al UOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTlON PAPER OFfICIAIIY ENDORSED ~ OR CERTIFIED) SHALL BE PtACED IN THE HANDS Of SAID MORTGAGEE WI7HIN 1EN DAYS NcXT AfTER VAYMENT; and in the event that any thereof is not ~ oa~d, sat'sfied and diuharged sa d MORTGAGEE may at any time pay the same o~ any part the~eof withovt waiving or affeUing any option, lien, equity o~ .~~ht u~der or by virtue of this morrgage and the f~ll amo~nt of each and every such payment shall be immcdiately due and payable and shafl bear interest ~•om the date thereof until pa;d ar rare of n~ne pe~ cen!um per annum a~d h uch intere~s~'Lbe secured by the lien of th's morgtage. ~ so~x~J~ ~ac~ ~ 1 ~ _ _ _ ~ ~ - _ . ~ , ' a ..^M: . ~..s~~~.....:~5~..` ~ _ . ~ ts+~_xcF:;~ Y°