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Home My WebLink About1269 23~6~ . ~ ~ i 1HIS tNDENTURE. Madt the 21 st day of AilgllSt „ A.D. 19 72 - betwee~ J. W. Honea. Sr. and l.illian M. Honea~his wife of St • 41~Cie Cp~nty Florida, Mreirwitar detignated as the "MORiGAGOR;' and FIRST FEDERAL SAVINGS ANO LOA1h AS$(xIA?ION OF FORT p1ERCE, • corporat~on w~~~ized and exi~t~~g under the laws of ths Un~ted S~at~s of Americs and havinp in prir?cipal place of busineu In ths City of Fort Piace, St. Lucie County. Fluida, hueinait~~ deitynated ai tM "MORIGAGEE." WHEREAS 1M MORTGAGOR a jvstly ir?debted to ths MORTGAGEE i~ the sum of = ?~~Q • QQ_____, good and lawful money oi tFu Un~ted States sdvanced by the MORTGAGEE unto the MORTGAGOR, a~ evidenced by ~ cartain promissory note of even date herewith, of wh~ch the foltowing in wo:ds and f;gurei is a trvs copy, to-wit: = 7,,SOO.OQ 10018694 Fwt Pierca. Ffwids, AuQllSt 22~ i972 Fw vaive received, 1, we or either of us, ptomise to pay, withcut defalcation, to the o~der of fIRST FEDERAL SAVItVGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum oE = 7~~~ with intsrest irom date at the rate of7~~ :K per annum, in monfhly install- ments as follows: i I'S2• ~ on the 1 S t day of ~ tober , ~972 and a like sum o~ the caresponding day of eatF~ month thsre- after unCe! the whole be fully paid. Each ~nstallment fi~st shall be applied in payment of the interest and then on the unpaid balance ot the princ~pal wm. If d ault is mada In the payment of any ins~allment whe~ due, a~d such default cont~nues 30 days, then at the opf~o~ of the holder, and witho~t eny other not~ce, al! :4e ierr,ain;ng ~nsratlments shall be due and payable at once. Privilege is given ?o prepay th~s note in whole or in part at any time without pe~alty. Neither faebea~ance, no~ acceptance by the }wlder thereof after any defauh in any payments hereon, shall be deemed extension. A late payment charge of i-~.a.~Q-. sMll be added to each installment remainin9 unpaid 7 days afte? its due date, and a like aum shall be addrd to each such instailrt~e~t remaining unpaid 7 dayi after each succeedi~g payment dare. fach maker, surety and endorser hereof, jointly and severally, waives demand, presentment proiest and notice of protesl for nonpaym~nt, and (urther agrees to any extension of time of payment, either before or after maturity, without not~ce to any of ~s; and to pay all costs of coliection, includ:ng a reasonable attorney's fee in the event of a~y default hereunder, and he~eby seve~ally waives aU benefit of homestead and exemption under the conatitution and laws of eath State of the United States, as against this obl~gation w any eatcnsion or renewal hereof. . Witness the hand a~d seal of esch party. S/J. W. Honea, Sr. ~Ai~ ts~?u _S/Lillian M. Honea ~sEAU ~ $11 . 2 S ) state Revenue ~u ( NOW, 7HEREfORE, the MORTGAGOR for the p~rpox of securing payment of said sum of S 7~ r , and the performance of the covenants and agreements hereinafter expressed, and for diveis good and valuable coniiderations, by these presents, dces grant, bargain, tell, rem~se, release, convey at?d confirm unto the MORTGAGEE, its sutceuors and auigns, all that certain bt, picce or parcel of land, aituate, (ying, and being In the County of St . Luc ie and State of fbrida, desvibed ~i (oltows: Lot 42 of CHASE'S S[BDIVISION, as per plat thereof on file in Plat Book 4, at page 78, of the public records of St. Lucie County, Florida.~ W ~S~ATE~~LORt-DA ~ i.~.. D~CUMFNTAQ"' STA ~!P TA X- ~ WG22'7Z _ d~~9 - ~ ~,t.~ ~ I 12 5 _ . ~ ~ ~ ` IN PAYMENT OF TIIXQ P.B:»a~: ~ - ~r~+re»t~r~ut P~o~~,r~ PIiRSIMNT TO ~Il•~~3 OF ly~~~` ~ dACtIR OOt~r~ Sf. LIIC~E 00~ F1~1. together with all and singul~r the tenements, hereditamenri and appurtantes thereunto belonging or in snywise appert~ini~g thereto, and all rents, iuues, p~oceeds and profin acauing and to ucrue from said premises, ali of wFi~ sre included in the above and fwegoin9 desuiption ~nd habendum. TO HAVE AND TO HOID the above dewibed and grsnted premises'vnto the uid MORTGAGEE, iri suaessors and auignt fweva. Md ths sak! MORTGAGOR fw their executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suctessars ~nd assipm, rhat - the~? are lawfufly tei:ed of the said premises in fee simplr, fhat the same are free, deu and disthsrged from all liens ~ed t~xvm- brances in law w in eqvity, ~nd that they their he;n shall wsrrant and defend the titk to the same to the s+id MORTGAGEE, its successws and euigns, fwever against the lawful claims and demsnds of all pcrsau; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described a~d sMll truty, promptly and fully perfwm, discharge, execute, complete, compty with and abide by each s~d evcry the stipulations, sgreements, tonditions and torenants of said promissory note and of this Mortgaye, ther~ this Mwtg~ge and the Estste hereby created shall usse and be null snd void. ~ IT IS UN~ERSTOOp that the word °Mortgsgw" whetF~e~ in the singular a plural ~nywhere in this Mwtgage, shall be singulu if one onFy ~nd shall be plural jointly and severa(ly if mwe than one, snd that the word "their" as vsed anywhe~e in fhis Matgs~}e shsl) be taken to me~n "ha;' "hen," or "its;' wherever the context w implip w sdmits. Alw, tMt wF~erever there is a referenCe in the covenants ~nd agreemcnri herein conuined to any of the parties hereto, the same shall be constr~ed to me+n as well as the heirs, kgal rtpreseMStives, successas a~d auigns (either volunrary by act of th~ partiss o? involu~tary by operation of the law) of tF~e ssme and that the covenann herein cootained shall bind and the benefiq and advantspes inw~ to the respective heus, kgsl representatives, successors a~d au'gns of the panies hereto. Md ss'~d Matgagon, for themulves ~nd tlxir hein, legal re/uesentatives, suuesson and +uigns, hereby joinHy s~d severally covenanf •nd ~ree to and with the said MORTGAGEE, its successors and auigns: 1. To pay all and sirgufar t!x principal ind interest and t!x vario~s and sundry sums of money payable by virtue of said promissory note, and this j mortysye, esch and every, promptly o~ the days respectively the same sevenlly become due. 2. To psy all and sirgular the taxes, asseuments, levies, liabilities, obligstiw~s snd encvmbraoces of every natwe s~d kind now on said described Property, w that heresiter may be imposed, wffered, ptacsd, kvied, a~uessed thereon, or that hereafter may be levied a ar.eased upa~ this MortQ- age, or tF?e indtbtedneu secured hereby, esch and every, when due ~~d payable, auordinq to I~w, before they become delinquent, and befwt ~ny imereit ' artaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME SHAIt 8E PROMPTLY SATlSFIf~ AN6 DISCHARGED OF ! RECORD AND iHE ORIGIKA! OFFICIAL DOCUMEN? (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SAi15FACT10N PAPER OfFIC1ALlY ENOORSE~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AfTfR PAYMENT; and in tFro eveM that any thereof is not paid, sat"sfied and diuharged sa:d MORTGAGEE may at any time pay the same a sny part lhereof without wsiving or affecting any option, lien, equity a •~qht under or by virtue of this mortgage and the f~lt amount of each and eve?y such payment shall be immediately due and pay~bk and slwll bear interest ~ ~rom the date thereof uNil paid at rate of nine per cent~m per ~nnum and together wfth such intere~ s'.~hal~ secured by the 7ien of th:s morQtage. ~ ~C~~ ~5 ~~~f-12~9 - ~ , - - r : - . -