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Home My WebLink About1267 235880 1 ~ _ THIS INOENTURE, Mad~ the 21st day of Au9~t A.D. 19 72 between Elizabeth V. Morton a r?idow , of $t. L.ucie ~o~nry Florid~, Mre~r+after deig~aied ss the "MORTGAGOR;' aod FIRST fEOERA~ SAVINGS ANO IOAN ASSOCIATION OF fORi PIERCE. • corpa~t~on wq~ni:ed and exi~t~~~ vnder tM laws oi ths United Staias of America aod havi~rg itt princip~l pt~ce of buiinsu in fh~ City of Fort Pi~rc~, St, lucie County. Flaida, heranafier desiynated a~ the "MORiGAGEE:' WHEREAS the MORTGAGOR a j~itly indebted to the MORTGAGEE in the sum of s 12 4~ , good and lawiul mo~ey oi the Un~ted S~ates advanted by the MORTGAGEE unto the MORTGAGOR, as evidenced 6y a tertain p~omisswy note of eve~ date herew~th, of which the (oilowi~y in j words and fiqure~ it a trus topy, lowit: S 12.400.00 10018695 Fort Pierce, Fiaids, a UC~ US t 21 , ~q 72 Fo~ value received, 1, we or eithcr of us, p~omise fo pay, without de~+lcatio~, to the order of FIRST FEDERAI SAVING~S AND IOAN ASSOCIATION OF fORT PIERCE at iwt Pierce, F~orida, the sum of = i 2~4~ with i~rerest from date at the rate oi 7! 7_7o per ann~m, in mantAly instill- ~ne~ts as fotlows: Z 1~2•~ on the 25t day of October , 19_?2 and a like sum on the coaresponding dey of eath month Ihere- afrer until ehe whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal svm. If d ault is made in the F~ayment of any installment when due, and such default tontinues 30 days, then at the optio~ of tMe hotder, a~d wirhoue any other not~ce, a!I the remaining ~nitailments shall be dve and payabte at once. Privilege is given to prepay this oote in whole w in part at any t~me wi~hoW penalty. Neither iorebearance, nor acceptance by the holder thcreof a1te~ any detault in any payments hcreon, shall be deemed rx~ens~on. A late payment charge of S 5.1~ shall be added to each installment remai~ing unpa~d 7 days afte~ its due date, and a I~ke sum shall be added to each such instatlment remaining unpaid 7 days alter each sucteeding payment date. , i Each maker, surety and endorse? hereof, jointly and aeverally, waives demand, presentment protest and notice of protest fw nonpayment, and funher agrees to any extension of time of payment, either before w afte~ maturity, without r.ot~ce to any ot us; and to pay all costs of cotiection, including a rcasonable attorney's fee in the event of any detautt hereunder, awd hereby seve~ally waives all benefit of homestead and exemption under the tonslitution a~;d laws of each Stzte of Ihe United States, as against this obligation w any extension or renewal hereof. - Witness the hand and teal of each party. S/Elizabeth V. Morton, a widow~~a~~ (SEAI) (SEAL) ~ $18 . 60 ) Stste Revenue ~~u t x~ 12 400.00 NOW, iHEREFORE, the MORTGAGOR for the purpose of securirtg payment of said sum of S ~ , and the performance of ths covena~ts and agreements Frcreinafter exprcued, and for d~ven good and valuable considerations, by these pre~ents, does grant, bargain, sell, ~cmi~e, release, convey and confirm unto the MORTGAGEE, its iucceuws and assigns, sll that certain lol, piece w parcet of land, situate, (ying, aod beinp in f1~s County of $t . Luc ie and State of f{wida, dewibed as (otiows: Lot S, Block 4, of the replat of SUNSET PARK S[~DIVISION, as per plat thereof on file in Plat Book 11, page 28, public records of 9 St. Lvcie County, Florida. W -S~AT~aFFL-ORIDA c ~ y~'po~ STAMP _TAX = j' _~E =y°~fy'`'a-_ - ~ ~ ~ _ ~ ~ " 1 S 0 _ . ~ ~ - ~ w n~rr+att of t~s ~p V i[?T.Of R[tEpE P8.19o~~z ~ Oi1 AJ?1s +c' N~TN14Mt~ ~EpsOru~ ~aotEwy, MI~'~NNT TO CHAPTER 72-11~, A~R OF 19/1. ~ ' ~CEJt POIitiAS ; ~i Ct~K q~ll OOIIRT. A. WCIE C0. ilA. ~ - , ~ ~ ~ ~ k i t ~ tcsgerher with all and singular the tenements, hereditsmenls and •ppurunccs therounto belongiry p in anywise appert~ining thereto, and all rents, iuves, + ~ proceeds ~nd profin acvuing a~d to atcrue from said premises, all of which sre includaf in the sbove and fort9oirg description ~nd habendum. TO HAVE AND TO HOLD the ~bove desuibed snd grsnted premises unto the said IYSORTGAGEE, its svccessors and auigns faever. And tM wid ~ MORTGAGOR fw hP~ r--- heirs, execwon, sdminis~rators snd ss:igns, hereby covenant~ with the uid MORiGAGEE, in successw~ ~nd ~ssi~m, ` E the are ' ! ~ fhat lawfully xized of the wid premiset in fee simple; tMt tl~e same ~re free, ck+? ~nd disch~rged from all liera ~nd encurtf ~ ~ brarxes in taw w in eqvity, snd that they w~~~ their ~~n shall warrant a~d defend the title to the tams to the ~aid R MORTGAGEE, its succeswrs and ~uiyns, forever again~t the lawful claims and demands of all persons; PROVIDED, ALWAYS that if tF~e MORTGAGOR shall pay uoto the AhORTGAGEE the p~omissory note hereinbefwe deu~ibed +nd sl?~tl fruty, promprly " and f~lly perfwm, d~xharge, execute, comptete, comp~y with and ab+de by each and every the stipulstions, ag~eements, co~ditions and covenanp of aid # promissory note and of this Mortgage, then this Mort~age and the Estate he~eby vested shall ce~se and be null and void. ~ c ~ IT IS UN~ERSTOOp that the word "lNortysgor" whe~he~ in the singular w plwal ~nywhere in this Mortg~ge, shatl be sinyubr if orw only and i shall be plural joindy a~d severally if mote than one, ~nd that 1he word °their" as vsed anywhere in th~3 Mo?tgige shsll be tsken to mean "his;' "Mn;' 4 ~ or "eri;' wherever the tontext w implies w ~dmiti_ Also, that wherever there is + referente in the covena~ri ~nd sgreements herein contained to any of ~ ` the psrtiq hereto, the sams thall be cautrued to mc+n ai well as the heirs, legal reprexntatives, svccessws and aui9ns {eirher voluntary by aN of the # E partiea w invotunbry by operation of the !aw) of the same and that Ihe covenams herein contained shafl bind and the benefits and advanbpes i~ure : to the respective heirs, leyal representatives, sutceswri and au~yns of the psrties herNO. f i And said Mortgsgors, fp themulves snd their heirs, le9al repasentatives, s~ccesson ~nd auigns, he~eby jointly and sevaally covenant and ~yree s ro and with the said AAORiGAGEE, its successon end ~uigra: ' i. To pay all ar+d :ingvlar the principil and interest and the variovs and iundry ium~ of money payable by virtue of said promiisory note, and thia ` mwt e, each a~d eve om tl on the da res ; ~+9 ~Y. V~ P Y ys pectively the same severally becortw due. ' 2. To p~y all ~nd ~inpulu the taxes, assessmenq, levies, lisbilitia, obligst~an and sncumManca of every natvre +nd kind now on sad de~cribed } Property, p lhat he~eafter msy be imposed, svffered, plac~d, kvied, a assessed thereon, a that I~ereaftK may be lev'~ed or assessed upon thk Mort¢ s age, o? th~ indebted~eu ucured hereby, e~ch snd every, when due and payabk, xcordiny to I~w. before they becwr~e delinqueM, ~nd befae ~ny iMaesl j a~faches o? a~y penalty is incurred; AND INSOFAR AS ANY TNEREOf IS Of RKORO iHE SAME SHAtt 8E PROMPiIY 5ATlSf1ED AND D15CMARGED OF RECORD AND 7HE ORIGINAI OFfIC1At DOCUMENT ISUCN AS, FOR tNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ; OR CERTIFIED) SHAII BE PLACED IN iHE HANDS OF SAID MORTGAGEE WIiHIN TEN OAYS NEXi AFTER PAYMENT; and in the event that any thereof is ~ot paid, sat'~fied and discharged sa:d MORTGAGEE rrNy at any time pay tF~e ssme a any part tFxreof without w~iving w affectirg any option, lien, equity p ~ •+pht u~der or by virtue of this mortgage and the full amount of each and every iuch payment shall be immedi~tely dve and payabte and shall be~r interest . ' ~•om the dste thereof until paid at rote of nl~e per tentum per annum and together w~th suth intcres~ shaN be secur~ by the lien of th:s magta9e. _ BdQI! ~O~ YAi;; ~ ~ • ~ _ - ~ ~..A~;~~~,.~.._ . n~~~~~~