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Home My WebLink About1930 ~36382 ~ THIS INOENTURE. M+d~ the 25th day of August A.D. 19 72 ~ between _ i.oren A. Woods and Mabel B. Woods, his wife of St• I.11C1@ , Cov~ry Flwid~, Aereinafter designated as the "MORTGAGOR," and FtRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corpaation org~nized and exiiting under the laws of ~he U~itcd S~atoi of ~1m~riu.and Mavirg itt principaP plate of busineu in the Ciry of Fort Pierce, St, lucis Counry, ~Iwid~, hereinaiter de~iynated as the "MORTGAGEE:' . WHEREAS !he MORiGAGOR is juslly indebted to the MORTGAGEE in the sum of S 7~ 8~ , good and lawful money ot the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tena~n promisswy note of even date herew~tl~, of which ths following in words and figures is a t~ue copy, to-wit: s ~ ~ 8~~ ~ 1~18~~ j fort Pierce, Flwida, Au9~t 25 19 72 ` . For value received, 1, we w eifhe? of us, prom~se to pay, without defalcat~o~, to the o~der of fIRST FEDERAL SAVINGS AND IOAN ASSOC~ATlON OF FORT PIERCE at Fort Pierce, Florids, the sum of s 7• 8~ with interest irom date at the rate~ of7 ~ 75'o per annum, in monthly ins1a11- men~s as foltows: S 77 o~ the lst d~y of ~tober ~972 and a like sum on the cwrespond~og day of each mooth there- af~er until +ne whote be tully paid. Each installment Iirst shall be applied in payment of the interest and then on the unpaid balance of rhe princ~pal sum. If d auh ia made in the payment of any installment when due, and such default tontinues 30 days, lhen at the option of the holder, and without arty other ~otice, atl the remaining ~~~~tatlments shafl be due and payable at once. Privil~ge is girrra to prepay th+s note in whole o? in part at any time without penalty. Neither faebearance, nor acceptance by the holder thereof afrer any deiault in any payments hereon, shall be deemed extrnsion. A late payment charge of S3 ~ 85 , shall be added to each imtallment remainirg u~sa~d 7 days after in due dste, aed a like sum shall be added ro each such installment remaining unpaid 7 dayt aiter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waivea demand, p?esentmenr protest and notice of p~oteal fw no~payment, snd furthe~ agrees ro any extension of time of payment, either before w after maturity, without notice to any of us; and to pay atl costs of collection, i~cluding a reasonab!e attorney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homesread and exemptio~ under 1Fx conslitulion and laws of each State of the United $~ates, as against this obligation w any extension w renewal hereof. Witness the hand and seal of each party. _S/Loren A. Woods (SEAU ~au S/INabe2 B • WOOdS (SEAL) ~ 11 • 7~ ~ State Revenue ( NOW, THEREFORE, the MORTGAGOR fo? the purpose of securing payment of said sum of S- 7+8~•~ and the performaoce of the covenants and agreements hereinafrer exp~essed, ar~d for dive?s good and valu~ble considerations, by these presents, dces gra~t, bargain, sell, remise, releax, convey snd co~firm unto the MORTGAGEE, its succeuws aod auigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of $t • LLIC 1@ ~nd Stste of Florida, desuibed as follows: Lot 6~ 4+1ALTER PETERSON'S SUBDIVISION, as per _ plat thereof on file in Plat Book 4, Page 14~ recorded in the public Records of St. Lucie County, Florida. i ~ ~ STATE ~F ~LO~lUA j t:.~ ~ t70CUMENTA° ~STA~1_~ X - - a , v ~ j SlUG2~'72 ~ 4~ - ~ S' G IN PAYMEN PRO~ ~ ~ ~ --y; ' I t ~ ~ ^ RECf1YED 'C INTANGIBIE PERSOtiI?1. N V acpr_or cc~tn[ t' = DUE 4N ~ (ER 71-134. A~iS OF 191J~„~ ~ i,on2 - puRSty111T TO Ct1AP P.B. ~~e Po~tius ~R?( CIRGUIT CWRS~ Sj. tUC1E C0. ~ tugether w~th all snd singular the tenements, hereditaments and ~ppurtsnces thereuMO belonging a in anywise appertai~irg ihereto, ~nd ~U rents, iuues, proceeds snd profits acuuing and to accrue from said premises, al! of which are included in the above and foregarg description and hsbendum. TO HAVE AND TO HOtD the above deuribed and gnnted prem;ses unto the said MORTGAGEE, its succeuors snd auigns forever. Md tM said MORTGAGOR for - thQ1r he;rs, executors, administntort snd assigns, hereby covena~ts with the said MORiGAGEE, its successon and ~aiyni, that ----Y the are _~s~r~nY x;Z~a oF the said p~emises in iee simpte; that the seme sre free, desr ~nd discharged from all liens and encurrr brances in law or in equity, and that they M,~~~ theiz heirs shal! wa~rant and defend the title to the s~me to the said MORTGAGEE, its successors and auigns, fwever sgainst the Iawful claims and dema~ds of all perso~s; PROVIOED, AlWAYS thst if the MORTGAGOR shall pay unto the MORiGAGEE the promissory note hereinbefore described and shall fruly, promptly = and ful~y perform, dixharge, execute, tompkte, tomply with and sbide by esch and every the stiputations, agrecments, tonditions and covenanri of sa~d promisswy no/e and of this AM1wtgage, t}~en this Mortgage and the Estste hereby ueated shall cesx and be null and void. ' i IT IS UNDERSTOOD tMt the wwd "Mortgsgw" whether in the singular a plural snywhere in this Mortgage, shall be singulsr if one o~ly and = shall be plural jointly and severally if mwe thsn one, and that the wad "their" as used anywhere in th~s Mortyage shatl be taken to mesn "his;' "hen," ~ or "its," wherever the c~te~ct to implies d admits. Alw, thaf w!~erever there is a reference in the covenants a~d agreements herein contained to any of tFu parties F~ereto, the ssme shall be construed to mesn ss well si the heirs, legal rep?esentstives, successors and sssgns (either voluntary by atl of ihe partie~ or involu~tary by operation of the I~w) of the sime and that the covenants herein contained slwll bind and the benefita and advants~es invr~ ro tFx respective heirs, kgal representatives, succeuors and au°gns of the p~nief hereto. And said Mortgsgors, for tF+emxlves and their hein, legsl representstives, suctessws and assigns, hcreby jointly and xverally covena~t and ayree : ro snd wi~h the said MORTGAGEE, iu successors and assgro: ; 1. To pay all and sinpular the princip~t and interest and the variovs and sundry sums of mo~ey payable by virtue of said promissory note, and this mongsge, each ~nd every, promptly o~ the days respectively the same seve.ally become due. ; 2. To psy all ar?~ sisgular the Uxes, ~ssessmenn, levies, lisbilities, obligstiorts a~d encumbrances of every nature and kind now on i~id deur;bed ; property, a th~t he~eafter may be imposed, suffered, placed, levied, a auessed thereon, w that hereafrer may be lev'red or asuised upa~ this N4atp- age, o~ the indebtedness setured hereby, esch and every, when due and payable, xcordirg to law, before they become delinquent, and befwe any imerest a~raches or a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED ANO OtSCHARGEO Of RECOR~ ANO THE ORIGINAL OFFtC1At DOCUMENT (SUCH AS, FOR INS7ANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEU OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is ~ot pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time psy the same or any part thereof without waiving or affecting any option, lien, equ~ry a ; •~qht under or by virtve of this mortgage and the full amount of e~ch and every such psyment shall be immediately due and payable and shall bear inte?est a ~:om the date thereof until paid at rate of n~ne per centum per annum and together w~th fpcF~int~ all be s the lien of th:s mwgt~e. EOOK ~V~ YAGf ~ t~ ::~.~~e ~ ~ - • ;>M~r.<;~=