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Home My WebLink About1926 23~?~SO , _ , . 1HiS IN~ENTURE, Mad~ ths 2 SL h day of AUC3t1 SL A.O. 19 72 - betwee~ _ Robert J. Bolin and Dea Rae Bolin his wife of ._,~~,t. Lucie Cou~ty Fiorid~, here~naiter desi9nated aa the "MORTGAGOR," and fIRST fEDERAL SAV~NGS AND LOAN ASSOCIAiION OF fORT PIERCE, a corpaation organized and existing under the tawt of ~he Un~ted SratQS of America and havinp i1t principal place of busineu i~ tAs City of Fon Pierce, St. lucie County, Florid~, hereinafter desiynated as 1M "MORiGAGEE:' WHEREAS tF+e MORTGAGOR it justly indebted to the MORTGAGEE in the sum of S 271900• 0O , good and lawful money of the Un~ted S~ates advanced by the MORTGAGEE unto tha MORTGAGOR, as evidenced by a certain prom~sswy no~e of even date herewith, of wh;ch the folfowing in word~ and figures i• a Hue copy, to-wit: s 27 ~ 90U. 00 ~_lOO~t372 S ~ Fort Pierce, Flwids, Auqust 25~ ~q 72 fw value received, 1, we or either of us, promiu to pay, without defalcation, to the o~der of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, the su~n of S 27 ~ g~0• w;th interest (rom date at the rate of S °e per annum, in monthly install• ments as follows_ s 207• on ~he i St day of ~ctober ,~9 72 _ and a like aum on the correspond~ng day of each monrh there- after unti! the whole be fully paid. Eath installment tirst shall be applied in payment of the interest and then on the unpa;d balance of the printpal sum. If d ault is made in the Fayment of any imtallment when du~, and such defa~lt co~tin~es 30 days, then at the option of the holder, and without any other notice, all the remaining ~~~staltments shall be d~e and payabk at once. Piivifege is given to prepay this note in whole a in part at any t~me without penalty. Neither forebearance, r.or acceptance by the holder tbereof after any default in any payments hereon, shall be deemed extension. A late payment tharge of S 1O, 35, shall be added to each instatlrr~ent remaining unpa~d 7 days after its due date, and a tike sum shatl be added to each such instaltment remaining unpaid 7 days atter each succeeding payment date. Each maker, surety and endorser hereof, ~oinlly and severally, waives demand, pre:~ntment protest a~d notice of proteat for nonpayment, and further agrees to any extension of time of payment, eithe~ before o~ after maturity, w;thout ~wt~ce to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any defautt hereunder, and hertby severaNy wa;ves aN bertef;t of homestead and exemptio~? unde~ the tonslitution and laws of each State oi ~he United States, as against this obliga?ion or any extension or renewal hereof. WJness the hand and seal of each party. s/ Robert J. Bo2in (SEAI) (SEAL) s/ pea Rae Bolin ~Ai~ ~ S4~ . 85 t State Revenue ~~l) (Ssamet=c~lu!l~~et~-ae~ac~0i~ natd NOW, THEREfORE, the MORTGAGOR fw the purpose of securing paymero of sa~d sum of S 27+9~U.00 and the perfwmance of ths covenants and agreemenrs he?einefter expressed, and fo~ divers good and valuable co~s~de~at~ons, by these presents, docs grant, bargain, setl, ~emise, retease, co~vey and confirm unto the MORTGAGEE, its succeuors and assigns, aIl that certain lot, piece w parcel of land, situate, lying, and being in the County of St. LUC1Q and State of Fbrida, desuibcd as folfows: Lot 5, Block 22, FORT PIERCE BEACH SUBDIVISION, according to a Revised Plat thereof of Blocks 17, 21 and 22 of FORT PIERCE BEACH SUBDIVISION, as per plat theYeof on file in Plat Book 10, page 12 of the Public Recozds of 5t. Lucie County, Florida,./ ~ STATEaFFLORIt~la ~ ; i70CUI~lENTA ~~sra~sP Tnx ~ - auc2~n ° _ ~ ~ v N u ~t~t. ar ct~t?tu R~ET~FD ~ ss` f_ 1N Pl1YME11T P8. ~vor ou~ ort a~ss ~c' nR~nsie~ ~oiw. . ~wsu+wt w ct+~~x na~. ~crs oF ~oc+~ romus c~ac r~rtcurr ooumr, sr. wc~ co, tu roqether with all and singular the fenemenls, hereditaments snd ~ppurtsnces thereunto belonging o~ in anywise appertaining thereto, a~d ~II reMS, issues, proceeds s~sd profiq acuuing snd to accrue from said prernixs, all of wh~ch are included in the above snd faegoing desuiption and habendum. TO HAVE AND TO HOLD the sbove described and g~anted premises unto the said MORTGAGEE, itt successors and assigns fwever. And tM aaid MORTGAGOR for the 1 r heirs, e:ecWws, sdministrstors and assigns, hereby covenants with the said MORTGAGEE, it~ svttessors snd assigru, ,h,t they 8Ie _ ~awfully seized of the said premises in fee simplr, that the same are free, dear and d;xhsrged trom all liens and encuen- brances in Iaw a in equity, and thst thQy wilt ~r?d the ir heirs shsll warrant and defend the title fo the tame to the iaid MORTGAGEE, its succeuors and assigns, fo?ever against the lawful claims and demands of sII persons; PROVIDED, ALWAYS that if the MORIGAGOR shall p~y unto the MORTGAGEE the praniuwy r?ote hereinbefore described and sF»II truly, promptly and fully perfprm, discharge, e:etute, compkte, campiy with and abide by each and cvery the tfipvlations, ag~eements, conditions and twcn~nts of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created fhall tease and be nult and void. IT IS UNDFRSTOOD that the word "Mwtg~gw" whethcr in the singular w plu~a) anywhcre in this Mwtgsge, shall be iingular if one onty ~nd shall be plural jointly and severally if more than one, and tFwt the wwd "their" as uxd ~nywhere in th~s Morrgage shall be take~ to mean "his," "hers," o+ "its," where~er the context so implip a admits. Also, that wherever there ia s reference in the covenants and sg~eements herein contained to ~ny of ~he parties hereto, the same shall be construed to me+n as well ~s the heirs, legal representativei, tuccessors and sssigns (either voluntary by acf of the partiea or invotuntary by operation of the lawj of the iame a~d ~hat ti~e covenants ixrein contained shall bind and the benefitt end sdv~ntsges inure ro the respective heirs, legal reprexntatives, successors and ssa~gns of the pan~es hereto. And ssid Mortgagors, iw themulves snd their lxi+s, legal reprex~tstives, successon and augns, hereby jointly and severally covensnt am! agree ro and with the said MORiGAGEE, its successas and suigns: 1. to pay all ~nd tingulu the principal ar?d intere~t and ?}~e vario~s and sundry sums of mor?ey payable by virtue of said promissory note, and this mortgage, esch ~nd every, promptly on the dsys respectively the same xverally become dve. 2. To pay all and singular the tsxes, sssessments, levies, liabilities, obligstions and encvmbrances of every nature and kind rww on iaid dewibed property, w that fiereafte~ may be imposed, suffered, placed, levied, or ~ssessed thereon, a tlwt he~eafter may be levied w sssessed upo~ this Mort9- age, a the inckbtedneu secured hereby, ~sch and every, wl+en due ind payable, xcording to law, before they become definquent, and before any intere~t atraches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPitY SA115FtE0 AND OISCHARGED OF RECOR~ AND THE ORIGINAI OFFIClAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TME SATISfACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAtI BE PLACED IN THE HANDS Of $AID MORTGAGEE WITHIN TEN OAYS NfXT AF1ER PAYMENT; and in the event that any thereof is not paid, sat'sfied and disch~rged sa:d 1V.ORTGAGEE may at any time pay the same or any part the~eof without wa;ving or affecting any option, lien, equity a •~Oht under or by virt~e of this mortgage a~d tht full amount of each and every suth payment shall be immediately due and payable and shall bear inte~est ~.om the date tl~ereof until paid at rate of nine per centum per ennu, a tF~' h~ r w~th su ~nte e •hatl be secured by Ihe lien o/ th:s morgtaye. ~OC~K~•V~ P~CE~~~ _ , ~ ~~~n~~.'.a . 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