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Home My WebLink About0933 ~~5630 THIS INDENTURE. Made the 17th day of ~uCJUSL , A.D. 1972_, between ~ Carlis Morgan and_Patricia B. Morgan~ his wife of St. Luc ie County Florida, he~einaher das~gnated as the~"610RiGAGOR." and FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporat~on organ~zed and ex~si~ng unde~ the laws of 1he Un~ted Sfa~os of America and having iti principal place of bui~ness i~ the City of Forl Pierce, St. lucie County, Flaida, hereinafter desi9nated as the "MQRTGAGEE:' WHEREAS the MORTGAGOR is juttly indebted to the MORTGAGEE in the sum of S 15z300~~~ _ 90~ dnd lawfut money ot the Un:ted Scates advanced by the lJIORtGAGEE un~o ~he MORiGAGOR, as ev~denced by a certa~n promissory r.ote of even date iierew~th, oi wh~ch the fo~Iow~ng in ~otds and f~ ures is a true copy, to-w~~: 3~Z8~684 s 15, 30~.00 t,~o Fert Pierce, Flw~da, August 17 19 72 Fw vat~e received. I, we or eithar of us, prom~se to pay, without drfatcat~on, to the crder oi FIRS1 FEDERAL SAVIhGS AND IOAN ASSOCIATION O~ FORT PIERCE at fort P~erce, Ftorida, the s~m ot S_ 1 S~ 3~~ w;~h ;n~erest from dare at the rate of 7_7 ~'o per anrium, in montnly ins~al:- c•rnrs as foi'ows: S__ 1?6~00 on the 15t day ot ~tober ~9_72 _ and a like sum on the correspond~ng day of each mortth there- a}rer until the whole be fully paid. Each installment (int shall be appl~ed in payment of the interest and rhen on the unpa~d balance of the princ'pal wm. If d ault is made in the ; a;ment of any instalirnent when due, and such dafault cootinues 30 days, then at the opt~on of the ho'der, and w~thout any other not~ce, all the remaining ~-~srall~nenrs shail be due and payable at o~ce. Privilege is given to prepay this note in who:e or en part at any t~n~e without penaltY. Neither forebearance, ner acceprance Ey the Mtder thereof aftrr any defauh in any payments hereon, shall be deer.~ed ex~ension. A tatc payment charge ot S___6.30, shali be •d:led to ezch installment remaining unpa~d 7 days after its due date, and a like wm shall be add d to each wch installment remaining unpaid 7 days after :-ech svcceeding paym.ent date. Each maker, surety and endorser hereof, jointly and severelly, waives demand, presentment protest and notice of protest for nonpayment, and funher aarees to any eatension of thr,e of payment, either befo~e or after maturify, without notice t~ any of us; and to pay all costs of co!Ieaion, inciud:ng a r~~:~sonable attomey's fee ~n the event of any default hereunde~, and hereby severelly waives all benrfit of homesread and excmp!~on under the tonstitution a.,d Iaws of each State of rhe United Srates, as aga~nst this obligation or any eatension o~ renewal hereof. W~tness the hand and seal of each party. (SEAL) S/ Carlis Morgan (SEAt) (SEAI) S/ Patricia B. Morgan ~~Ai~ t 22 • 9 5 ) State Revenue fb+a~epa-eMxeited-o~-~origirraF *+a1~ p pose of securin a ment of said s~m of i ~ and the pe~formante of the NO'JV, THEREfORE, ehe MORTGAGOR for the ur g p y 1 S 3~0 • ~0 covenants and agreements hereinafter expressed, and 1or d~vers good and va~uable considerations, by these presents, dces grant, bargain, sell, remise, relea:e, convey and ca~firm untp the MORTGAGEE, its successors and ass~gns, all that certain tot, piete or parcel of land, situate, lying, and being in the County of St . LLICle _ and S~ate of Florida, described as fotlows: Lot 8 LESS South 146 feet and the East 25 feet of Lot 7 L,ESS South ~ 146 feet, Block 2, WHITE CITY ESTATES, as per plat thereof on file in P2at Book 9, page 48, Public Records of St. Lucie County, Florida, ? - I f I I ~ S TAT E~~ t= L U F-t i~ A ~ ~c, c' V>- RECEIYED j ~N PAr~IENi ~ TIU(E~ t70:'i.fi~{E~<" TAX ~ : _ _ - DUE ON CLASS 'C INTMlGIB! E PE?S~?NAL PROPfRIY, ~ - c~.;e, ~ = aUG18''2 Pl1RSllilNi TO CFIAPTEf 71-134. ACiS OF 1911. i " J - , S= ! 2 2 ~J 5 = ROGER POITiGS ) ~ l ~ N~-' i~~:r.osart?v_~~s:'1",~ = G~RIf CIRCUtT COURT. ST. LUCIE 00.. AA P.B.~ro~~z _i-~R' - . !oge?her w~th all and singular the tenements, hercd~taments snd appurtsnces thereunto belonging w in anywise appertaining thereto, a~d atl renta, issues, prxeeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing description and habendum. TO HAVE AN~ Tq HQLD the above described and granted premises vnto the said MORTGAGEE, its successors and assigns forever_ And the aid NORTGA R for --thelr heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successws and assigns, t~iey a re rhat la«fully se~zed of the said premises in fee simple; that the same are free, clear and discharged from atl liens and encum- ~ brances in law or in equity, and that they will and their heirs shafl wsrrant and defend the title to the same to the sa~d : h'.ORTGAGEE, its wccessors and assigns, forever against the lawful claims and demands of all perswu; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE 1he p.om~sso?y note hereinbefore described and shall truly, promptly ~ and fully perform, d~uharge, execute, complete, compiy wirh and ab~de by each and every the st~pulations, agreements, conditions and covenants of isid ~ Prom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ~ 1? IS UNDERSTOOD that the word "Mortgagor" whether in the si~gufar or plural anywhere in this rAw?gage, shall be singular 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 "his;' "hers," or "ils;' wherever the context so implies or admits. Also, that whereve~ there is a reference i~ the covenants and agreements herein contai~ed to any of ~he parties hereto, the same shal! be conslrued to mean as well as the heirs, legal ~epresentatives, successws and assigns (eithei voluntary by acf of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure ~ ~o the respective heirs, legal representatives, svccessors and ass~gns of t(x parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives. successors and assigns, hereby joently and severally covenant and agree ro and with the said MORTGAGEE, its successors and ass~gns: ~ 1. To psy all and singular the printipal and interest and the various and sundry sums of mo~ey payable by virtue of said promisswy note, and this ~ mortgage, each and every, p~ompfly on the days respectively the same xverally become due. ~ 2. To pay aIl and s~ngular the taxes, assessmems, lev~es, liabilities, obl~gations and encumbrances of every nature and kind now on said described ~ ~ property, w that hereafter may be imposed, suffered, plxed, levied, or assessed thereon, a that hereafter may be levied w assessed upon this Matg- ~ age, a the indebtedness secured hereby, each and every, when due and payable, according to law, befue they become delinquent, and before any intcrest ~ a~raches or any penalty is incvrred; AND INSOFAR AS ANY TMEREOF IS OF RE.ORO TME SAME SHAII BE ~ROMPTIY SATISFIED A~1D DISCHARGED Of RECORU AND THE ORIGItvAL OFFICIAL OOCUMENT (SUCH A5, FOR INSTAtYCE, THE TAX RECEIPT OR THE SA71SfACTION PAPER OffICIALLY ENDORSED GR CERTIftED) SNALL BE PLACE~ IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENT; and in the event fhat any thereof is nof ~ pa~d, sat sfied and discharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof withovt waiv~ng or affecting any option, lien, equity w ~ •~qht under or by virtue of this mo~tgage and the f~ll amount o( eath and every such payme~t shall be immed~ately d~e and payable a~d shal! bear interest j~om the dare thereof until pa;d at rare of n~ne pe~ centum per annum and together w~th such in~e~est shall b~ secvred by the f~en of th"s morgtage. w ~~'.3 ~ _ . ~1 ~:'CF . ~ ~ : , ~ _ ~ __s _ F. ~ _ ~ ~ - - _ r-~`~~~