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Home My WebLink About2344 w~ ; _ / ;~3~i'~59 TMIS INDENTURE. Made the 2 5t h day of AUQU S t , A.D. 19~~..,, bttween . James R Geary. Jr and Elizabeth S GeaXy, his wif~ of St Luc ie , Cp~nty florida, hereinafter designaied as the "MORTGAGOR," and FIRST FEDERA~ $AVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corpwat~on organized and exis~ing unde~ the laws of ~he Un~ted Sta~a~ oi America and havin~ its principal p~ace of business in the City oT Fott Piace, St. lucie County, fiorida, hereinaf~e~ designated as ~hs "MORiGAGEE." WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s 3O ~ 000• good and lawfu~ money oi the Uo~ted S~ates advanced by ~be MORTGAGEE unto the MORTGAGOR, as ev~denced by a certa~n promissory note of eren daie herewi~h, of wh~ch fhe foilowing in ..ords and figures is a trve copy, to-wil: s 30~0OO.OU ~ 11000008 Fort Piertt, Flwida, AVC~uSt 25~ Iq.~.~ Fw vafue received, f, we or either of us, prom;sc to pay, without drfa!wrion, fo the orde. of FIRST fEUERAL SAVINGS AND IOAN ASSOCIATlON OP fJRT PIfRCf a~ forf Aierce, Flor+da, the sum of a 3~~000, Q~ h•ith interest from date a~ the rate of _7 ?y6 per annum, in monthly install- ~^enu as fol!ows: S 2~~•~ on the lSt day of DeCelAber 19 72 and a Gke aum on the correspond:ng day of each month the?e- - e'rer until Ihe whole be fully paid. ~ Each installment (irst shall be app~ied m payment of the interest and +hen on the unpa~d batance of the princ'pa! :um. !f d auh is made in the `r , F s,ment of any instal:mero when due, and such default coroinues 30 days, Ihen at the option of the ho;der, and wi~hout any c oi~er norice, all the remaining :~.stallments ahall 6e due and payab!e ~t once. Privilege is given Io prepay lhis note io whole or in part at any t~me w~thouf pera(ty. Neither forebearance, nor acceptance by ~he holde~ thereof after any defauh in any paymeMS he?eon, shall be deemed eztens~on. A late payment char~e of S- 11 • 9O shall be :i ied ro each ins~allmenr remaining unpaid 7 days aher its due date, and a Gke sum :hail be added +o each such installment remat~ipg unpaid'7 days after , each succeeding payment dare. Each maker, surety and endorse~ hereof, jointiy a~d severally, waives demand, presentment protest and not~ce of protest for nonpayment, and further a~rees to any extension of time of payment, eirher before or after maturhy, withow not~ce to any of and to pay alHjco of colledion, indud:ng a ~.-s,onable attomey's fee in the event of any default hereunder, and hereby severeUy waives alt beoefit homestead a exemption under the to~atitu~io~ ;nd taws of each State of the United States, as against this obligation w any extension or renewal iyx'eof. / ~~G~ / . ` W~rness ~he hand and seal of each party. ` / ~ s me s F~ . (SEAt) ~ . ~ _ i2 A~~ s E1 ' za e h S. Geary ($EAl) ~ $45.OU ~ (5~?~) ( State Revenue • ;Stm~pc tReoeFle~ sa ndgi~vlaob) ' - NOW, TNEREFORE, the MORTGAGOR for tlx purpose of secu.ing payment of sa~d sum of s 3O~ ~O ~ and the performance of the covenants and agreements hereinafter expressed, and for d~vers good and valuabte considerations, by these presents, does grant, barga~n, sell, rem;se, ~~~:ease, coovey and confirm unto the MORIGAGfE, its successors and au+g~s, all that certain lot, piece w parcel of land, situate, lying, and being in the Lounty of St . i-UC 1Q and State of Florida, described as follows: Lot 37, Block l, THUr~ POINT, as per plat thereof on file in Plat Book LO~ page 79, of the Public Records of St. Lucie County, Florida, ~ _ ~ ~E'~ ~ QPya'E" QQl4~l1. ~ C;~ \E~~GS` Sp~, i~- t~G~~ ~ a W} s~rAT~ ~F F L O R! UA ~ f- D O C U M E P J T Ab" S T l? y s P T A X ~ s ~ z = _ - - _ ~~,G ~ 1 ~ a,t, a~°•: 0~ ~ ~UG29'72 ` „ = ~-=Y4500- ~-~t ~~a~,^~ ~ L[DT.OF i[rElR • -r ' - ~ ' AB.~pau _ rogether with all and singular the tenements, hereditaments and appurtances tFxreunto belortging o~ in anywite appertaining thereto, and +II renta, issues, proceeds and prafits accrving and ro accrue from said premises, all of which are included in the above and fwegoing dexription +nd habtndum. i TO NAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successo~s and sssignt forever. And the said MORTGAGOR for the~r he~rs, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its s~ccessws and auigrn, n rnar t he-~-`~re lawfulty seized of the said prcm~ses in fee simple; that the ssme sre free, clesr and dixharged from •U liens a~d encurtf ~.ances in law or in equity, and thst t he y M,~p a~d t he i r heirs shall warrant and de~end the title to the ssme to the said V10RTGAGEE, its successo~s and sugns, fwever sgainst the tawiu! claims and demands of all persons; PROVIOEO, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay note hereinbefwe described ared shall tr~ly, promptly and fully perfwm, d~scharge, execute, comptete, comply with and abide by each and every the stipulations, ag~eements, conditions and covenants of s~id prom~ssory note and of this Mortgage, then this Mwtgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOO~ that the wwd "Mwlgsgw" whether in the singular or plu?a! snywhere in tb~s Mortgage, shall be sirgular if one only and shall be plural jointly and severally if more thsn one, and that the wad "their" as used snywhere in th~s Mwtgsge shall be taken to mean "his;' "hers;' or "its;' whereve? the context so implies or admits.' Also, that wherever there is a reference in the cove~ants and agreements herein conlained to ~ny of she parties hereto, the same ahal! be construed to mean ~t well as the heirs, legsl representatives, successws and ass'~gns (either voluntary by ~ct of the parties or involuntary by operation of the law) of the ssme and that the covenants herein contained shall bind and the benefits and advs~tages inure fo the respective heirs, (egal representatives, successors and ass~gns of the parties he~eto. And said Mortgagors, far fhemxlves and their heirs, lega! ~eprexntativet, successors and sssigns, hereby jointly and xverally covensnt and sgree fo and with the said MORTGAGEE, its succcssors and assigns: 1. To pay all and si~gulsr the principal and interest and the vario~s and sundry sums of mo~ey payable by virfue of aaid prom~sswy note, and this mwtgsge, each and every, promptty o~ the days respectively the same severally become due. 2. To pay all and si:g~lar the taxes, assesunent~, tevies, lisbil~ties, oWgstio~s and encumbrarxes of every nature and kind now o~ s~id described property, or that hereafter may be imposed, s~ffcred, plsced, levied, or auessed thereon, or that hereafter may 6e lev~ed or assessed upo~ this Mort¢ age, w the indebtedness secured hereby, esch and every, when due ~nd psyable, according to law, be(ore they become delinqven?, end before any interes~ a?~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII BE PROMPiIY SATISFIFD AND OISCHARGED OF QEtORD AND THE ORIGIhAt QFFICIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTtON PAPER OFf1CIAllY ENpORSfD C5R CERTlFIfD) SHAII BE PtACED IN THE HAMDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is ~ot pa~d, sa?sfied and discharged sa'd MORTGAGEE may at any time pay the sart+e w any part theroof without waiving or affecting any op~ion, lien, equity a •~~ht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest ~~om the date tbereof until paid at rote of n~ne per ceMum per a~num and together w~th such interest shall be secured by the lien of th s morgta9e. _ dOtRit~ r.t(~; ~tiJ~'~ _ - _ r~~