The URL can be used to link to this page

Home My WebLink About0317 23520~ L 8th August A.D. 19 72 ~?WK~ THIS INDENTURE. M~d~ the d~y of Herbert A. Martin and Ollie M. Martin~ hi~ ~?ife of St. Lucie Cou~ty Flwids, here~nafte? deig~ared as the "MORfGAGOR," and FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF PORT PIERCE, a corpaa~]on o~ganized and ex~sring under the laws of the Un~ted Sutas of Americ~ and having itt principal piace of ~ busineu in tF~s City of fo~t Pierte, St. lucie County, Norida, hereinatter dtsignsted ai ~he "MORiGAGEE:' ` 7 s~ 00 ~ ood and lawful mo~ey of the Un~ted ~ WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 9 Srates advanced by the MORiGAGEE unto the MORTGAGOR, as evidrnced by a cenain promissory note of even date herewith, of wh~ch the following in ) words and figures is a frue copy, to-wit: ' = ~ 3-18, 653 _ t 7.500.00 August 8, 19 72 ~ Fort Pierce, florida, Fw value received, 1, we o~her of us, prom~se to pay, without defalca~~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIO~! OF FORT PIERCE at Fort Pierce, Florida, the sum of 5~~•~~ with ~nterest from date at ihe rate of 7•75"o per annum, in monthly install- ~nen~s a: fo1!ows: i~ 91 - on the 1St day of ~tober ~9 72 and a like sum ort the cwrespond~ng day of each month there- after uNil the whole be fully paid. Each installmeM fint shall be appt~~d in payment of the interest and then on the unpa~d balance of tne princpal sum. 1f d ault is made in the ~ F aiment of any installment when due, and such default continues 30 days, then at the op~i~n of the holder, and wi~hout any other notice, al! the remaining ~~~stallmenfs shall be due and payable at once. Privilege is given fo p+epay this rate in whole or in part at any time without penafty_ Neither forebearance, nor acceptante by fhe holde~ ~hereof aftrr any default in any paymen~s hereon, shali be deemed extens~on. A ~ate payment charge of S 4.55 yhall be ~dled to each installment remaining unpa:d 7 days after its due date, and a like sum shall be addrd to each such installment remaining unpaid 7 days after each sutteed~ng payment date. • Each maker, surety and endcrser hereof, jointly and severally, waives demand, presentment protest and no~~ce of proteat fw nonpayment, and further agrees to any extension of tim.e of payment, either before w after mawrity, without not~ce to any of us; and to pay all costs of collection, includ~ng a re_jsonable attorney's fee in the cvent of a~y default hereunder, and hereby severally waives all benefit of homestead and eaemption under the constituYan and laws af eacA State of ~he United States, as against this obligation w any extension or renewal hereof. Witness tFro hand and seal of each party. S/Herbert A. Martin ~~q (SEAI) S/Ollie M. Martin ~~~I cs~?u ~11.25 1 $tate Revenve NOW, THEREFORE, the MORTGAGOR for rhe purpose of securing payment of sa~d sum of = 5~'~ and the performsnce of tM ' covenants and egrecments I~ereinafter exp?essed, and for d~ve?s good and valu~ble cons~derat~ons, by tixse prese~ts, dces gront, bargain, sell, rem~se, ~ rrfease, convey and confirm unto the MORiGAGEE, its successors and ass~gns, all that certain lot, piece w parcel of land, situate, lying, eod being in the } County of St . Lue ie and State of Florida, dew~bed as foilows: t Lots 23 and 21~ of Block ~ of DREAMLAND PARK, according n ~ to plat thereof on file in Plat Book 7, at page 38, of - the public records of St. Lucie County, Florida.~ u4 ZP~~ , • L• „~?y~~ ' C~ _ t;;. , , . `YH~J. y~1. " ` ~ : i~:1~..P~~SU4, ~ { _ ~ _ ~ ^ < < .~E~- _ . ,t . ~\E ` ~ ~ ,t r GC~.•~~ . F. ~ ~,V ~ I~. i t. r L U E-21 J A c;:` ~j, S~. ~ ~ •-~CC:.3UEi ~_iA~~„~ i T'_ic ~'JR;"`. • ~WU ~ ..=.i j ,t'G 11'72 ~ . ~ t = G~,R'~ C`~u ~ 7 I 12 5 ~ ~ N iK~r.e~ r~:~aut~,-a_ ~ ' ~ ~~,190112 4 ; i 1 t rogether with all and singulsr the tenemcnts, hereditaments and sppurtarrces thereunto belonging p in anywiss appertaining thereto, +nd all rents, issues, pr«eeds and prof~ts sccruing and to acuue from said premises, all of which sre included in the above end foregoerg deuriptio~ e~d habendum. TO HAVE AND T HQID the above described and grsntcd premises unto the said MORTGAGEE, its sutccssors snd assigns forever. And tha s~id N10RTGqGOR fw - tRe 1 r---- ~~rs, ezecutors, administrators and assigna, hereby covenants with the ssid MORTGAGEE, its successws and ~tsi9ns, the are rhat - ~ - Iswfully uized of the ssid prem~us in fee simple; that the sama +re iree, clear and dixharged from all liens and encum- brances in Isw w in equ~ty, and that thev w;l1 and their he+rs shall wsrrant and defend the title to the aame to the said ~ 5 MORTGAGEE, its successas ~nd assgns, fwever against the ~awful ctaims and demands of sll persons; ; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pron+issory note hereinbefo?e dewibed snd shall truly, promptly and fully perform, d~uharge, execute, comp~Ne, comply with and sb~de by each and cvery the stiputations, ~greements, conditions and covenanri of said ~ prom~:sory note +nd of this Mwtgage, then this Mortgage and the Estate hcreby ueated shail ce~se snd be null and void. ~ IT IS UN~ERSTOOD that the wwd "Mortgagor" whether in the s~ngular a plural anywhere in this Matgsge, shall be singular if one only ~nd shall be p(urai jointly snd xverally if more than one, and that the wwd "their" as used anywhere in this Mwtgige shall be taken to mean "his;' "hen;' < or "its," wherever the context so implies o~ admits. Alw, that wherever there is a reference in the covenants snd sgreement~ herein contained to ~ny o( ~ rhe partiei hereto, the ume ihall be construed to mea~ si well as the heirs, legal represcn:atives, svccesson and assigns (either volunt~ry by act of the ^~f parties or involuntary 6y operatio~ of the law) of the same and that the cove~ants herein contained shall bind and the benefits and advanfages inurt ~ ~o the respective heirs, legal representatives, successas and ass'gns of the parties herdo. And said Mwtgagors, for tFxmse~ves snd their heirs, legal representatives, successws and suigns, hereby jointly ~nd severalty covenant and ayree ~o and with the said MORTGAGEE, its s~cce:sors and assigns: ~ 1. To psy all and singulsr thc principal and i~terest and the variovs and sundry sums of mwroy payable by virtue of said promissory note, snd thit _ mortgage, ea~h and every, promptly o~ the days respectively the same severally become due. 2. To pay all +nd iingular the taxes, asiessments, levies, liabilit~es, oMg+tior+s and e~cumbrances of every nature +nd kind now on said described ~ propeny, o~ th~t hereafter msy be imposed, suffered, placed, levied, o~ ~uessed thereon, or tMt heresfter may be levied a assessed ~pon th.s Mort¢ ~ age, w the indebtedness secured hereby, each and every, when due and p+y+ble, xcording to Iaw, belore they become delinquent, and befwe a~y iMeref~ a:raches w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAMf SHAII BE PROMPiLY SATISFIED AYD DISCMARGED OF RECORD AND TNE ORIGI1~iAL OFFICIAI DOCUMENT (SUCH AS. fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEU OR CER7IFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT /?FTER PAYMENT; and in the event that e~y thereof is ~ot ~ pa~d, :aYsiitd and discharged sa'd MORTGAGEE may at any t~me pay the same or any part the~eof without waiving w atfecting any option, lien, equity p •~qht under or by vi.tue of this mortgage and the full smount of each and every such payment shall be immediately due and payabie and shall bear interest ~ irom the date ?hereof until pa~d at rate of n~ne per cemum per annum end together w~o ~t shall be ~ye~Y the lien of th's morgtaye. ~ 60~JK~~ ~aci 1; - ~ ~ , . _ . s-i,.="`~.'%w~'w~~~ 4y :~_~:f~ s~ ~ ~ - _ w