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Home My WebLink About1405 2359'72 ~ THIS INDENiURE, AAad~ ih~ 2~St day of Au~l1St A.D. 19~ between paul D~ Eddy~ Jr. and Gail C~,~~g~fe - of _ St~ I.11Cj.A , COUnty fwtid~, ht~einatter designated +s ths "MORTGAGpR;' and FIRST fEUERA~ SAWNGS ANO LOAN ASS(~IATION OF fORT PIERCE, ~ cwpwation orp~nized snd existiry unde~ ti?e laws of Ihs United Stat~s of Amerka and having iq principal pl~ce of b.:siMSS in th~ City of fort Pi~c~, St. l~cie County. Florids, hereinafta desq~sted as ths "MORiGAGEE:' WHEREAS tM MORTGAGOR is jvstly indebted to the MORTGAGEE in the sum of : 22~~~•~ , good a~d Iawful money of the United ~ S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evide~xed by a certa~n p+omisso~y note of even date herewitb, of wh~ch the foltowinp in ~ words and figures if a trus copy, to-wit: ~ s~~0oo.00 10018699 ; Fort Pisrce. Flaida. Au~lts~, 2~ 19~ Fw value received, 1, we w either of us, prom~se to psy, without defalcation, to the order of FiRST fEOERAL SAVINGS AND LOAlV ASSOCIATlOM OF FORT PIERCE at fort Pierce, Fbrida, the sum of S 22~--~"Yt~ w~th interesl irom date at the rate of ~•~°.'o {xi annum, in monthly ins~all- ments as follows: s ~ 63 on the ~ 9 day of '~etober ,)9~ and a like sum on the torresponding day of each mo~th there- . at~er ~ntil the whole be fully paid. Each ins~allment iirst shall be applied in payment of the i~terest and then on the unpaid balance of +he princ~pal sum. If d ault is made in the payment ot any installme~t when due, and s~ch default continues 30 days, then at the option of ths holder, and wilhou? any other notice, all the ?emaining ,nsrallments shail be due and,payable at once. Privilege is given to prepay this note i~ whole or in pa~t at any t~me without pe~alty. NeithQer f~w~ebearar?ce, nor scteptance by the Ir~lder thereof aiter a~y default in any paymenta hereon, shall be deemed extension. A late payment tharge of S~.Z, shaN be added to each +natallment remainirg u~paid 7 days after ib dve date, and a like sum shaii be added to each such installment remaineng unpaid 7 days after each succeeding payment date. Each maker, surety and endorur hereof, jointly and severally, waives dema~d, presentment protest and notice of protest for nonpayment, and funher agrees to any extension of time of payme~t, either befo~e a after maturity, without notice to any of us; and to pay all costs of collection, includ;ng a reasonable atto~ney's fee in the event of any de(ault he~eunder, a~d hereby severally waives aIi benefit of homestead and exemption under the constitulion and iaws of exh State of the United States, as againsf this obl~gstion w any extension w renewal hereof. - Witness the hand and seal of each party. s/ Paul D. Eddv~ Jr. ~Au (SEAL) s/ Gail C. ~(~V (SEAU ( $33•~ ) Stare Reven~e (SEAU ~+wM~ si.~.11~i~w.«is:~d-~~ae) NOW, THEREFORE, the MORTGAGOR for the purpose of secvrirg payment of said sum of s 22}~~~~ and the pe?formence of the covenants and agreements here~nafter e:p~essed, and fw divcrs good and valwble conside~at~o~s, by these prese~ts, does grant, bargain, sell, remise, release, convey and confirm unto the MORiGAGEE, ib successors and suigns, all that ctruin lot, piece or parcel of land, situate, lying, and being in the Counry of St. ~,llCi@ and State oi Florida, described as follows: I,ot 5, Block 2~ GRANDVIEW GARDD~1 SUBDIVISION~ as per plat thereof on file in Plat Book 16, Page 16, 4f the Public Records of St. Luci~e County, Flarida STAT~ ~F ~=~--dR1UA n DOCUMENTAp~S~~ii~iP T~X a ° J z _ -~~~~'°o.. ; ~ ~ IN PAY;4EM (1f TAXES a =~UG23"i2 : ~ 3 3 0 0~ o~,E o~ INT3WGIBLE FEnSOt~1L PROPFFfY. c.~.~ = . p!lRSWW't TO CHAPJER 72-l34. AC7S (~f 19)1. N cE~i.Of lEt[?:9E = ` RO~ER FYJIiRAS ~ P.B.~9~llz ~~~r ~~r~'~ c~fiK ci~~~~ir w~~~r, sc. wa~ u. ' fogetber with sll snd singulsr the tenemcnts, hereditameMS ~nd appu:tances therevMO belonging p in snywise appeAaining theroto, snd aU rents, issues, ~ proceeds ~nd prof~ts scvuing and to accrue from said premises, all of which are inctuded i~ the ~bove and foregoing descrFption ~r+d bsbendum. TO HAVE AND Tp HOLp the above dewibed and granfed premises u~to the said MORTGAGEE, its successors and +uigru fwever. Md the said MORTGAGOR for their executon, administraton and assigns, hereby covenants with the said MORiGAGEE, its succetsas and sitiyM, ~hat a~' tawfully xized of the said premises in fee simple; thst the same s~s ftae, c{ear ~nd discharged from ~II liero and enevm~ brances in law or in eqvity, and that thQV wifl and the~' heirs shall wsrrant and defend the title to the same to the said MORTGAGEE, its sticcessws ~nd suigns, forever aqai~st the lawful claims snd dcmands of sli perwns; PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTCaAGEE the,promissory rtote hereinbefore dewibed ~nd thal! trvly, p~ompfly and fully pe?form, dixAarge, execvte, compkte, comply wi?h and ~bide by esch and every the stipulations, agreements, conditans and tovmants of said promissory note u+d of thia Mortgage, then this Mwtgsge and the Estste hereby aesfed sl?~II cesse ~nd be null and void. IT IS UNDERSTOOD that the word "Mo?tgspor" whether in the si~ular w plvnl snywlxre in this Matgsge, shall be singul~r if on~ only ~nd , shall be ptural joiMly and ieverstly ii more thsn one, end that the word °their" as used snywhere in this Mortgsge shall be taken to mean "Mif;' °hen;' cr "its," wherever the conteat w implip or sdmits. Alw, that whereve~ there i~ a reference i~ the covenants and sg~eemenb herein cont~ined to any of ~he parties hereto, the same ihall be construed to mean as well ss the heirs, iegal represcntativp, successors and as~igns (either voi~ntary by ~ct of tM parties ot involuntary by opeiarion of the law) of the same and that the covenants herein contained shall bind and the benefits and advantapes inure ro tF~e respective heirs, leyal represeMatives, iucceuors and ~u°gns of the puties hereto. And ssid Matgsgon, fw themselves and their heirs, leysl rcpresemativq, succeisors ~nd auigns, hereby joinNy and severally covenant and spree to and with the said MORTGAGEf, its succetsors and assigm: 1. 7o pay all and sinyular the principsl and i~terest and the various and sundry sums of na~ey pay~ble by virtue of said promissory note, ~nd this mwty~ge, each and every, prompfly on the days respectively t!x same severally become due. 2. To pay all and singvlu the t~xes, uussments. Iwies, liabilities. obligstwns snd encumbr~ncet of every nature and kind now on said dewibed properfy, w that hercafrer may be impoad, svffered, plxed, levied, o? asussed thereon, w that here~fter msy be levied w assessed upo~ this Mortg- ege, or the indebted~ess secured hereby, each and wery, when due a~d payabk, accordiny to I~w, before they become delinquent, ~nd befue sny interei~ artaches or any penalry is incurred; AND INSOfAR /l5 ANY THEREOf IS OF RKORD THE SAMF SHAIL BE PROMPTLY SATISfIED AND OISCHARGED OF RECOR~ AND TME ORIGINAL OFfIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENOORSEO OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID N10RTGAGEE WIiHIN TEN DAYS NEXT AfiER PAYMENT; and in the event thst a~y thereof b not paid, sat'sfied and dixharged sa:d N10RiGAGEF inay at any time pay the ssme a any part thereof without waivi~g or affectir+g sny optia~, lien, equity a •~aht under or by virt~e of this mortqage and she fufl amovnt of each and every such payment shaR be immediately due and payable and shatl bear interest ~rom the dste thereof until paid at rate of n~ne per centum per sn~um snd toqether w~th Q h~ 'enterest shall be sec~red by the lien of th:f morgtaye. ~t~t~~ 1.r~t,J FA~~Z~05 or~~":s''~~~~~~ _r.... . c~,y~_ ~'r-r~;~