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Home My WebLink About1920 ;~;3E~3'7'7 i~ THiS INDfNTURf. Mad~ the 25Lh day of August A.O. 19_ between Louis J. Simon, Jr. and Dorothy W.Simon his wife of St. Luc ie County florids, hereioafter designated as the 'YkORTGAGOR," and fIRST fEDERAi SAViNGS AND [OAN ASSOCIATION QF fORT PIERCE, • co~poration org~nized and existing unda rhe laws of ths Ua+red Sutas of' America and having its p~incipa{ place of bus~ness in th~ City of Fo~t Pierce, St. lucie Counry, Florida, herein~iter des~gnated as tM "MORiGAGEE." WHEREAS ths MORTGAGOR ii ju~tly indebted to the MORTGAGEE in the sum of S 22, 300.~ and la~vful money of the Un~ted S~ates advanccd by the MORTGAGEE ~nto the MORTGAGOR, as evidenced by a certa~n prcmissory note ot even date herew~th, of wh~ch ~he tollowing in words and fiqures is a trve copy, to-wit: ' ~ s 22,300.00 - ~10018?23 's 4 Fwt Pierce. Flw~da. August 25 ~p 72 ~ Fa value received, I, we o? either of us, prpm~se 1o pay, without defatcation, to ~he ordar of FIRST FEDERAL SAVINGS AND IOAN ASSOCIA~ION Cf :ORT PIERCE at Fort Pierce, Florida, the sum of j 22f 3~•~~ w;lh interest (rom date at the rate of 8~ ~Oj(, µ:r an~um, in monfhly in:~al!- ~,~en~s as follows: S 2~'4•0O on the 1St day of ~tober ~ 19?? and a like sum o~ the cwrespond;ng day of each month there- afrer until the whole be fully paid. Each ~nstallment first sAall be app~~ed in paymeot of the interest and ~hen on the unpa~d balance of the prinupal :um. If d ault is made in the Ea~ment of any installment when due, and such default continues 30 days, thrn at the option of the hoider, and wirhout any other nor~ce, all the iemaining ~r~sratfinenrs shatl be due and payable ar once. Piiviiege is given to prepay this note in whole or io part at any time without penahy. Neither iwebearante, nor atceptante by thr holder the~eof after any default in any payments hereon, shall be deemed extension. A late paymeM charge of s 10 • 7O , shsll be ; addzd to each installment ?emaining unpa~d 7 days after its due date, and a like sum shall be added to each such insraitment remaining u~paid 7 days after ~ 3 each succeeding paymeM date_ fach maker, surety and endorur hereof, jointly and seve?ally, waives demand, presentment protest and notice of protest fw nonpayment, a~d further dgrees to any extension of time of payment, either before w afte? maturiry, without not~ce to any of us; and to pay all costs of coltection, includ~ng a re~sonable attorney's fee in the event o( any default hereunde~, and he~eby severally waives all benefit of homestead and exemption under tFx co+~stitution a~~d laws of each State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seal of each party. (SEAIJ s/ Lou i s J. Simon, J r. ~A~~ s Doroth W. ~A~~ 33.45 Y Simon ~U ( ~ State Revenue jSiamQs 44~.rl~I4~1.4~1ri'i1P01.PQ~i7_ . t NOW, THEREFORE, the MORTGAGOR fw the purpox of seturing payment of sa~d sum of S 22 • 3~ , and the performance of the covenants and agreements t?ereinaiter expressed, and for divcrs good and vsluable considerations, by these prese~ts, does g~ant, ba~gain, setl, remise, ~elease, convey a^~ co~fi`m vnyo the MORTGAGEE, its s~cceswrs and auigns, all that certain lol, piece or percet of land, situate, tyi~g, and being in the County of "t. LuC1Q and State of flor~da, described as foDaws: Lot 12, Block S, TUCK6R TBRRACE, a subdivision in the the City of Rt. Pierce, Florida, accozding to the plat thereof recorded in ; Plat Book 4, page 54, publ.ic records of St. Lucie County, Florida, ~ STATE ~F ~=LOR1!7A - ? Z DOCI~ENTAQ.~~ ST<~~f~ X ' ~a . / 4w Z / S 7~ ~ o = AIXt9'72 s' 3 3 3 4 5; ~11E Ollt CtASSx_~ IBIE ~ER;OM;1,11 POf TAX6 V) V D£iT.Of fElEd[ ~ ' = P!lRSI1qMT IO Cl1iW1ER 71-13/, 11CiS Of 1R0?ER1Y, P.B.tiu~~: - ~ ~oc~ r~a~s CIRCUR COURT~ ST. UICIE pp, ~ ; rog_ther with all and singular the ttnements, herediume~t~ ~nd ~ppurbnces thereuMO belonging a in anywise ~pperfaining thereto, ~nd all rents, issues, ' p:aceeds and profits accruing and ro actrue from said premises, all of which are included in the above snd forogoing desviption and habendvm. : , TO HAVE ANDtT~ei110=D the ~bove deuribed and grsMed p?emises unto the said NtORTGAGEE, ib successon a+?d at~igns fwever. And the s~id MORTGA~aOR fw heirs, executors, sdministrators and assigns, I~e~eby covenanri with tF~e ssid MORTGAGEE, it~ suttessors and ~uiyro, - that -tiley a re _ ~a~~n se~zed of the sa~d y {xemise~ in fee ~;mple; thst the same are free, clear and dixharged from all liens and erKUm- bra~ces in law or in equity, and thaf thQy will and their hein shall wa~nnt and defend the title to tMe same to the said 4 M~RTGAGEE, its successors and assiyns, fwever against the lawful clsims and demsnds of all persau; PROVIDED, AlWAYS thst if the MORTGAGOR shall p~y unto the MORTGAGEE the praniuory note hereinbefore dexribed and sh~ll fruly, promptly and fully perform, diuharge, execute, complete, comply wirh and abide by euh artd every fhe stipulations, ~greements, conditions and covenants of ssid ~ promissory note and of this Mortgsge, then this Mortgsge and the Eatate hereby created thall cesse and be null and void. 11 (S UNDERSTOOp tlut the word "Mortgsgor" whNher in the sirgular w pl~ral anywhere in this Mwtgsge, shall be singular if one only and shali be plural jointly and severally if mwe than one, and tf~st the wwd "their" as used anywhere i~ this Mortgage shall 6e tsken to mea~ "his;' "hers;' or '"its," wherever the context w implip w admits. Alw, thst wherever there is s refe?ence i~ the covena~ts snd agreements hcrein contained to any of - ~he parties herdo, the ssme iFwll be constrved to mean as well as the heirs, legal representatives, successors s~d sssigns (either voluntary by ad of the parties w invo~untary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits ~~d advamages inure ro the respective F~ein, legal representatives, successors and ass~gns of the panies hereto. And said Mortgagors, fo. themselves and their heirs, legal represeMatives, successws ~nd assigns, hereby joi~tty and severaliy covensnt ard sqree ro and with tix said MORTGAGEE, its successors and assignsc 1. To psy •11 wnd singvlar the principal and inrerest and tF~e various and sundry sums of money payable by virtue of said promissory note, and this rnwtgage, each ~nd every, promptly o~ the days respectively the ssme severally become due. 2. To pay •II snd sirgu'u the tazes, sssessment~, kvies, liabili+ies, o6ligatioM and er?cumbrances of every nature and kind reow on said desvibed propeny, w that heresfter m~y be impwed, svffered, placed, IevFed, a auessed thereon, or thst hereafte~ may be levied p uxssed upon this Mort¢ age, or tFk indebtcdneu secured hereby, esch and every, when dve ~nd payable, xcording to law, betore they become delinquent, and before ~~y interest attathes or a~y penalty is inturred; ANO INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SkALL 8E PROlNPTIY SAi1SF1ED AND D)$CHARGED Of RECORD AND iHE ORIGIhAt OFFICIAL DOCUMENT (SUCH A5, FOR INSTANGE, THE TAX RECEIPT OR THE SATISFACTION PARER OFFICIAIIY ENDORSED OR CERTIFIE~) SHAII BE PLACED IN THE NANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; and in tF~e event that a~y thereof is not paid, sat'sfied snd discherged sa"d MORTGAGEf may at any time pay the sa.me or any part thpreof witMut wsiving or affectirg any option, lien, equity or ~~qht under w by virtue of this mortgage and the full amovnt of each and every such payrr~ant shall be immediately due and payable and shall bear intete~t ~~om the date thereof until paid at rate of nine per ce~tum per an~um a~d together w~th sv;h intert~t ihal! secured by the l;en of th:s morgtage. ?~R* 2~5 ; ~~t 1~~,fl ~ ..~~~,x . . - - - - ~ . _ ~ ~~w:.~~~~