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Home My WebLink About1271 23~82 : ~ THIS INDENTURE. Made the lOth day of Au$uSt , A.D. 197Z betwsen _ Moses Aaron Melton and Redetha . Melton~ his wife - --1 ' ` ' ' of SL. LIICl@ ~ Counry Flaida, herei~aftcr deignsted si the "MORTGAGOR;' and FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF iOkT PIERCE, ~ cwpo.ation orgsni:cd +nd exi~tiny unde~ ~hs taws of ths United Sat~s of Ame~ica and havirp iri principal pl~ca of b~~i~ti In fh~ Ciry of Fovt Piacs, SI. lucie County, Florida, hereinafter d~~iynated as tM "MORTGAGEE:' WHEREAS IM MORTGAGOR is juftly indebted to tM MORTGAGEE in the sum of ~ 1OL~~•O0 , good and lawful money of the Un~1ed Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by • cct~ain promissory note of even dara herewitl~, of wh;ch fhe following in ~ w~ords and figures is a trus copy, to-wil: s io.soo.oo H, 3-ia,66i fort Pierce, Flaida, AuQUSt 1~ _ lp~~. for value received, 1, we a either of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOC~ATION OF FORT PIERCE al Fwt Pierte, Fb~ida, the sum of s 10+~0•~ W;th interest from date at Ihe rate of 7•7~f6 per annum, in manthly install- ments aa fol!ows: = 87 on the 15t day of ~tO~el , 19 72 and a tike sum on the cwrespo~ding day of each m~+n1h there- afrer until fhe whote be fully paid. Each installment first ahall be applied in paymenl of the interest and then on the unpaid balance of the princ:psl sum. lf d ault is made in the payment of any installment when due, and such default continues 30 days, then at the option of the hotde~, and without a~y other notice, aN the remaining ~r~sraliments shall be due and payabte at once. Pririlege is given to prepay this note in whole w in part at any 11me wifhout penalty. Neifhe~ forebearance, nor accephnce by fhe holder thereof after any default in any payments hereon, shall be deemed exte~sion. A la?e payment charge of S 4•35 _ shal) be added to each instaltment remainirg ~npaid 7 days aiter its due date, and a like sum shall be added to each such installment remainirg unpaid 7 days aFter each succeeding payment date. Each maker, surety and endwser he~eof, jointly and severally, waives demand, presemment p~otest and notice of protest for nonpayment, and funher agrees to any extansio~ of time of paymenf, either before w after maturity, without not;ce to any of us; and to pay all costs of collection, inctuding a reasonsble attwncy's fee in the event of any defaull hereunder, and hereby seve~ally waives a!! btnefif of homestead and exemption under the tonstitution 3~~d Isws of each State of the United States, as against this obligalion or a~y extension w renewal hereof, Witness the hand and seal of each party. S/Mose~,. Aaron Melton ~sEat) (SEAI) 2S/Redetha A . Melton ~q ~ $1 S .75 1 StaM Revenue ~u NOW, THEREFORE, the MORTGAGOR fw the purpose of securing psyment of ssid sum of S 1O ~ 5~' ~ and the performance of ths covenants and agreements F~ereinafter expreued, and fa divers good ~nd vsluable considerations, by these presents, does grant, bargai~, sell, remise, retease, convey and confirm unto the MORiGAGEE, its successors and auigns, ali thal certain lot, piece or parcel of land, situate, lying, and being in the Co~nty of St . Lt1C ie ~nd State of Ftorida, described as followi: Lot 4, Block 8, REPLAT OF PALM GARDENS, according to the plat thereof on file in Plat Book 22, page ' 42, public records of St. Lucie County, Florida. _~.S~~E~oFLOR~DA ~ z - = STAIN«p 7qX.. . o = wctrn • - ,~2 0 " ~ INP~ v iur,a arcac I 15 7 5= p~~p~~~~,~~C 1NtAns~ A~~ T~ pSlJ~0112 ~~'rw•?• _ •""~/~rIT 10 ~E PERSI~:~I PROPE(i(Yi ~ ~P7ER ~2-134. ItCT$ OF 19)1. ROGER POITitI~S ~j>l~ ~ ~ ST. WC1E Op, EUL i ; ~ r ether with a!I and ti ula? the tenements, heredit:mentt +nd a rt~rxes thereunto be i o? in an ~se a rtaini therero, and all renri, iuues, ~9 ^9 PP~? ~9 ^9 YW PD~ ~9 ~ proceeds aod profin acauing and to acuue from said premises, all of which sre included in the abow and foregoing dexription and habendum. ! TO HAVf AND 10 HOID the above described and gr~nted prcmises unto ~he said MORTGAGEE, its avcuessas +r+d auiqns foreve?. And ths said MORTGAGOR ter theil ~;~s, executors, administrstors ~nd assigro, hereby covenann with the said MORTGAGEE, ifs successors and auiyro, ihat they are ~awfully u~zed of the ssid prem~se: in fee simple; that the same ~~e fies, ckar ~nd disclurged from atl iiero and encwn~ brances in law w in equity, and thst theV W~p the 'Lr heirs shall wsrrsnt ~nd defend the title to the s~me to the said MORTGAGEE, its successors ~nd ~ssigns, forever sgainsf the lawful claims snd demands of sll pcrsons; ~ PROVIOED, AIWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE th~ pramiuory note hereinbefore deuribed +nd shall truty, promplly and futly perfwm, disch~rge, execute, complete, comply with and abide by each and every the stipulations, agreernents, conditions ~nd covenann of said 't promissory note snd o/ this Mortgage, then thii Mat9age and the Estste hereby ueated sh~l~ ces~e and be null and void. ~ ~ IT IS UNDERSTO00 thst the wad "Mortgagoi' whdher in the singular or plural ~nywhere io this Mwtgsge, shall be tingul~r if one only and s ; sh~ll be ptu~al jointly and sever~lly if more than one, snd that the word "their" ss vfed anywhere in this Morr9aye shall be takm to mesn "his:• ••hen„ ' or "irs;' wF~erever the conte~t so implies or +dmits. Also, that wherever there is ~ refercnce in the covenants and agreementi herein conbined fo any of rhe partiq hereto, the same shall be con~trued to mesn ~s well as the heirs, legsl r~presentatives, successws and ~uiQns (either volumary by aq of the partiet or involunlsry by operation of rhe law) of the same and that the covenants herein contained shsll bind and ths benefits and advantagp inur~ to the respedive hein, legal rep?eseroatives, successon and au'gns of the partia hereto. And ss"~d Mortgsgors, fw themselves and their heirs, Ieyal represeMatives, successors and auign~, hereby jointly and severa(ly coven+nT +nd agree to and with the said MORiGAGEE, its successors and augns: 1. To pay sll ~nd singular the principal and inrerest and tbe vsrfous snd sundry wms of money payable by virtue of said prom~uory note, ~nd this mwtyage, each ~rd every, promptly on the days respectively the ssme severaUy becane dve. 2. To pay all ~nd ~inguls? the taxe~, sssessments, levies, li~bilities, obligations and enc~mbnnce~ of every nature +nd kind now on said desuibed i P~~?tY, or that hereafter may be imposed, suf(ered, placed, levied. or asussed thereon, w thst hertafter may be levied a assessed vpon this Morty- } ; age, a the indtbtedneu tecvred hereby each snd every, when d~e and peysbk, sccading to law, befwe tF+ey becane delinq~eM, ~nd before any interest ~ i attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORp THE SAME SHAtt BE PROMViLY SATISFIED AND DlSCHARGED OF RECORO AMD THE ORIG1NAl OFFlCIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFPICIAtLY ENDORSEO OR CERTIFIEO) SNAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT Af1ER PAYMENT; and in the event that any thereof is no1 ~ paid, sat'sfied and d7uharged sa:d MORTGAGEE may at any tfine pay the same o~ any p~.? fhereof without wsiving or affecting any option, lien, eq~ity or ~~~ht unde? w by v~r~ue of rh~s mor~gage and ~he full amount of each and every such payment shall be immediately due and payable and shall besr inte~est i ~•om the date thereof until paid at rate of nine per centum per annum and together w~th wchOnt~rest shafl be secured by the lien of th:• morgtape, i R~aK205 P~~Ei271 _ _ K= ~~~~f - - - - - - - _ : ~ - 'S~'~~'~~~ ~