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Home My WebLink About2342 23~i'7S8 ~ ~ THIS INOENTURE. Made the 29th dsy of auAUSt A.D. 19 72 between James Pittman and Leona Pittman~ his wi.fe . , of $t • 1.UC 1C County Florida, hereina(rcr desgnarrd as the "MORTGAGOR." and i1RSi fEDERAI SAVINGS AND LOAN ASSOCIATlON OF FORT PIER~E, a caporation org~nized and ea~s~~ng unde~ the laws of the Un~ted Sutos of Amer;ca and having iti principal place of busines~ in 1he City of Fort Pierce, St. lucie County, Flwida, hereina`ter designated as the "MORIGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 11 f~~ good and lawtul money oi fhe Un:ied Srates advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by a certam promissory note of even date herew~th, of whlch the iollow~ng in words and figures it a ~rue copy, to-wit: =ii,ooo.oo ~ 20018749 fo?t P~erce, Ftorida, - Au~uSt 29~, ~q_~__ Fw value received, t, we a either of us, promise to pay, wirhouf defalcat~on, to ~he o~dea of FIRSf FEDfRAI SAVINGS AND IOAN ASSOCIATION ~JF fpRT PIERCf at Forf Pierte, Florida, the sum of S- 1~ - w~th interest from date at the rate of7L7_5°6 per innum, cn monthly instaU- ~~~anrs as foI!ows: S 91•~ on the lSt day of ~CtObeY_ 197z and a like sum on the cor.espond,n3 day of each month there- atter until the whole be fully paid. Eath installment first shall be applied in payment of the interesf and then o~ the unpaid baiance of the princ'pat sum. If d ault ;s made in !he Fayment af any inttallment when due, and svth detault continues 30 days, the~ at the opt;on oi the ho+der, and without any othrr not~ce, all the remaining ::~s~allments skail be due and payable at once. Privil~ye is given to prepay this note in whole or in part al any time w~~hout pana~ty. Ne~the~ forebearance, nor acceptance by the hoider thereof aiter any default in any payments hereon, shail be d~emed exrens~on. A fate paymem charge of 5--4~~_, sha~l be : dded to each instaliment rcmaining unpa~d 7 days after its due date, and a;~ke sum shall be add:d to eaci~ such irstaltmero remaining unpaid 7 days after each succeed~ng payment dare. Each maker, surety and endoraer hereof, jointly artd severally, wa~ves demand, p~ese~tment protest and nct~ce of protest tot nonpayment, and furlher agrees to any extension of time of payment, either before w afrer mawrity, without not,ce ~o any of us; and to pay aU costs of collection, intiud:ng a reasonabie atrorney's fee in the rvent of any defa~lt hereunder, and hereby severa;ly warves a~l benefit of homrs!ead and exemption under the constitWion and laws oi each State of the United States, as against this obtigation w any exte~s~on or renewa{ hereof. W~tness the hand a~d ual oi each pa.ty. _S/,~ames Pittman ~seau (SEAI) • _ S/Leona P i~tman (SEAL) $16 . 50 ) Stare Revenue ~5~~~ ( NpiN, THEREFORE, the MORTGAGOR for the r se of securi a ment of said sum of S 11 0~ . P~ Vo ^9 P Y • , and the perfwmancc of tF~e covenants and agreements hereinafter expressed, and fo~ divers good and valuab(e cons~derat~ons, by these presents. dxs grant, 6argai~, selt, remise, retease, convey and confirm unro the MORTGAGEE, its succeswra and assigns, aU that certain lot, piece o? parcel of land, aituate, lying, and being in the Cuunty of St . Lucie , and State of Fbr~da, desuibed as follows: Lot 3 of Amended Plat of WASHINGT'ON i-~IGHTS ADDI'Y'ION as per plat thereof on file in Plat Book 2p~ page 42, recorded in the public records of St. L~cie County, Florida.? ~ t~ Gi PA~~ ~ • W } si~T~ QF rLURlUA v DOCU~/Ei!TA~' _ STl.+ ~P TAX ~ _ - _ 11I~~' ~ ~ . ~ = AliGt- `72 ~ = ~ ON p ~ ~ , J o - ~ - = RE~~ ~D~ ~ h U LLiI.OF C[~l[1[lY ' • - ~ ~ ~ 0 - Gn / ~,1~ P.B. i.o i~: ~ ~ t ~ togerher with all and singular the tenements, Aertdifaments and ~ppurtances thereunto be~onging or in snywise appertaining fhereTO, ~nd ~fl rent~, iuues, proceeds and profits accruing and to accrue from :aid prem+u~, all ot wh;c1? are ;ncluded in ~he above snd fwegoing deuription and Mberwium. TO HAVE AN~ TO HO~D the above descr~bed and granted premlus unto the said MORTGAGEE, its succe~sws and sssigns forever. And /M aid thelr_ MORTGAGpR for - heirs, exec~tors, administrarors and assigns, hereby covenants with the said MORTGAGEE, its sutceuws and ~uiyro, ~ha~ _they_~re iaWf~uY k~zed of the said premisei in fee simple; that tFro same are free, dear and discharged from all licns and encurrN brances in Iaw w in equity, and that thev ~W;ii a~ their heirs shall warrant and defend the title to the same to the ssid MORTGAGEE, its successors a~ ~ssgns, forever against tFx lawful claims and demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shalt pay unto the MORiGAGEE the pror.~~ssory note hcreinbefore dexribed and shall truly, promptly and fully perform, d~xharge, e:ecute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of iaid promisswy note and of this Mortgage, then this Mortgage and the Estate hereby created sF.afi ceax and be nult and void. IT IS UNDERSIppp that the word "Mortgsgor" whethe~ in the singular w plural anywhere in ehis Mwtgage, shall be singufa~ if orx only snd shall be plural jointly and severally if mwe than one, and that the word "their" as used anywhere in th~s Mortgage shsll be taken to mean "hif~" "her~" or "its;' wherever the contezr so implies or admits. AIw, tFat wherever thcre is a ~efe?ence in the cove~ants and agreemenfs herein contained to any of rhe parties hereto, the same shall be const~ued to mean as well si the heirs, legal representatives, successors snd assi9ns (either voluntary by scf of the parties ot involuntary by opeiation of the law) of the same and that the covenants herein contained shall bind and the benefits amd advantsges inure fo the respective heirs, legsl representatives, successors and ass~gns of the parties hereta. , And said Mongagors, fo~ themselves and their Ireirs, teqal represenratives, successo?s and auiyr?s, hereby jointly and severally covenant and agree +o and with the said MORTGAGEE, its successws and sssgns: 1. To pay all and aingvlar the princip~l and interest and the various and sundry sums of rrw~ey payable by virtue of said promissory note, and thi~ matgage, each ~nd every, promptly on the days respect~vety the same severally become dve. 2. To psy atl and sing~lar the taxes, assessmenrs, levies, i7abilirie~, obligations and erxvmbr~nces of every nature and kir?d raw a? said dewibed properry, or thst heresfter may be imposed, suffered, placed, levied, or auessed thereon, w that hereafter may be levied or asusicd upon this Morty- age, w the indebtedness secured hereby, exA snd every, when due and payable, accwding to taw, beiore they become delinquent, and before any interoit a+rzches o~ any penalfy is incurred; AND INSOfAR AS ANY THEREOF IS Of RECORD TNE SAME SHAIt BE PROMPTLY SATISF~ED AND DISCHARGED OF RECORD ANO THE ORIGIIVAI OFFICIAL DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED GR CERTIfIEO) SHAtt 8E PLACEO IN THE HANDS OF SA1D MORiGAGEE WliMIN 1EN OAYS NEXT AFTER PAYMENi; and i~ the event that any thereof is not pa~d. sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof wi~hout waiving or affecting any option, lien, equity or •~qht under w by virtue of this mortgage and the full amovnt of each a~d every such payment shalt be immediately due and payable and sha!! bear interest ~.om the date rhereof until pa~d at rate of n~ne per centum per annum and together w~th surk Ipte I be s` y~g~ ~~e lien of th:s mwgtage. t:C(~X , ,1C. ~J . . . _ _ - ~ - ~1~