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Home My WebLink About2448 23~832 ~ THIS INOENTURE. Msds the 25th day of P1l~lst A.D. 19 72 - between Howard H. Huqhes and Mary l,ou Hu hes, hi~ wite of $t. Lueie ~~~~y p~a;ds, hereinafter deig~a~ed as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporaGon wgsniicd ~nd ex~it~ng unde~ the Iaws of the United Siat~s o( America ~nd having its printipal placa of bus;nssa in ths City of For1 Piace, St. lutis tounty, Florida, heraioahet designated ~s the "MORiGAGEE:' WHEREAS ths MORTGAGOR is jvstly indebted ro the MORTGAGEE in the sum of : 22 ~ 3~~ • , good and lawful money of the United ~ S~atea advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisswy note of even date herlwitb, o( which the following i~ words and figu~es is a true cppy, to-wii: ~ j 22, 300.00 10018733 ~ Fort Pierce, florids, August ZS 19 7z For value received, 1, wr w either of us, promise to pay, witl~out defalca~~o~, to the ordrr of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF ~ fORT PIERCE at fort Pierce, Floridd. ~ sum of S 22 L3~ wlth interes~ from date at the rote of 7~ 5% per annum, in monthly install• ~~~en~s as foUows: = 16~ on ine .1Stday of Oetober ~q 72 and a like surn on the cwrespond~ng day ot each month there- • afrer until the whole be fvlly paid. Each installment first shall be applied in payment of the inter_st and then o~ the u~pa~d halance of the prinupal sum. If d ault ia made in the , F a~~nent of any installment when due, and such default tontinues 30 days, then at the o~tion of tFx holder, and without any other notice, all the remaining ;~,stattme~ts shall be due and payable ar once. Privilege is g+ven to prepay this note in whole or in parl at any time wilhout penaity_ Neither faebearante, ' t ~or acceptance by the holder the~eof atter any deFaulf in any paymenta hereon, shall be deemed extension. A late payment charge of S 8~ 25 , shall be ~ added to each installment remaining unpa~d 7 days afrer its due date, and a I~ke sum shall be addrd to each such installmeot remaining unpaid 7 days sfter : each succeeding payment date. • Each maker, surety and endorser hereof, jointly and seveially, waives demand, presentment protest and notice of protest for nonpayment, and turther agrees to any exteniwn of time of payment, either befo~e or after maturity, without not~ce to any of us; and ro pay all costs of col!ection, including a reasonable attorney's fee in the evem of any default hercunder, and he~eby severaHy wa~ves att benefit of homestcad and exemption under the consritution anc; laws of each State of the United States, as against this obligation w any extension or renev~al hereof. Witness the hand. and seal of eac's party. ' ,r! S Howard H. Hu hes ~A~~ 3 l . f. ~ ~ (SeAU ` S Mar Lou u h ~ai~ ~ $33.45 ) State Reverwe «U ~ i ~ MOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of ssid sum of t 22 s 3UO• ~ , and the pe~fwmsnce of the ~ covenants and ag~eeme»ts he~einafter expressed, and fw dive~s good and valuable cons~derations, by theu presents, does grant, bargain, sell, rem~se, : e!ease, convey and confirm unto the MORTGAGEE, its succeswrs and assigns, all rhat certain lot, piece or parcel of land, situate, lying, snd being in the County of $t • I'UC iQ and State of Florids, described ~s follows: ~ i ! ~ I.ot 6, Block 22, Revised plat of Blocks 17, 21 and 22 of FORT PIERCE ~ ~ BfiACH SLBDIVISION~ as per plat thereo.f on file in Plat Book 10~ page 12, recorded in the public records of St. Lucie County, Florida. ; ~ ! ~ t ~ Sl'Ai'~aF FLOF-21UA ~ = z DOCUa/E~ITA~:. =~STA~P TAX ~~~~~R~~J~ ATM~~ ~ = QUG3ff72 ° 71-13~, R~1 P~ppERJx ~ V ~ - j 3 3 4 5= c~RK ~ER AORRA~4CTS OF ly/1, y {)B. 90112Yf'-__._•~•...~' CIRq11T COl137, Sf. IUClE Cp, f(~ rogether w~th all and singular the tenemenls, Mereditamcnts and appurtsnces thereuMO belonging w in anywise sppertaining thereto, and all rents, iuues, - v~oceeds and profits accruing and to acvue from said premius, all of which are inclvded in the above ~nd foregoing dewipYron and habend~m. TO HAVE AND TO NOLD the ~bove described and granted premises unto the said MORTGAGEE, iti successors snd assgns forever. Md the s~id ~ htORTGAGOR fw ~~'lr---- heirs, executws, adminisrrators and assigns, hereby covenants with the said MORTGAGEE, its succeswrs and au+gro, ~hat -~~Y aYe - Iawf~(ly se~zed of the said prem~ses in fee simpte; th~t the same are free, ckar and d;xharged from all I;ers ind encum. ~ b~ances in faw w in equity, and that they w~~~ a~ their F~ehs shall warranl and defend the title to the ssme to the s~id = MORTGAGEE, its svcceuws and assigns, forever against 1F~e (awiul claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay u~to the MORIGAGEE the promissory note hereinbefore dewibed and shall truly, promptly and fully perform, diuharge, execvte, compkte, comply with and ~bide by each end every the stipulations, agrcer?Knfs, conditions and corrnants of said ; promisfory note and of this Mortgsge, then this Mortgsge and the Estate hereby veated shall cease and be null •nd void. ~ IT IS UNDERSTOOD tiwt the wwd "Mortgagw" whether in the s~~+gular or plursl anywhere in thii Mo~tgsge, shall be sinqular if one only and ` shall be plural jointly and severally if more t!»n one, and that the wwd "tF~eir" as used snywhere in this Nlortgage ihaH be taken to mean "his," "hers;' ~ or "its;' wherever tlx conteat w implies or admits. Also, that wF+erever there is a refe~ence in tF~e corenants and agreements herein co~tained to eny of the psrties hereto, the ssme shall be construed to mean as well ss tFro heirs, legal representatives, s~tcessws •nd assigni (either volunt~ry by ~ct of fhe partfes w involuntary by ope~ation of rhe Jaw? of the same and that the covenants herein contained shall bind and the benefits and advantsges inure ~o rhe respective heirs, legal rcpreuntatives, successors and ass'gns of the p~rties hereto. And said Mortgagors, for themselvcs and their hein, legal representatives, wccesson a~d assigns, hereby jointly and severally covenant •nd spree ro and witF the said MORTGAGEE, its successors and assgns: 1. To pay all ~nd si~gvlar the principal and inteiest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgsye, each ~nd every, promptly on the dsys respectively the ssme uverally become due. 2. To pay all ~nd ~ingvlar the tsxes, asseumenb, levies, lisbilities, obligstio~s and encumbrarxes of every nattrre and kind now on said described p~operty, a that hereafter may be impoted, sufiered, pisced, ?evied, or ~stessed thereo~, p that hereafter msy be kvied or asuued upon this Mortp- age, or the indebtednesa secured hercby, each and every, when due and payable, xcording to law, befwe they become delinq~eM, a~d before ~ny interest a+raches or any penalty is incurred; AND INSOFAR AS ANV THEREOF IS OF RECORD THE SAME SHALL BE PROAr1PTLY SATISFIEO AND OtSCHARGEO Of kECORD AND THE ORIGINAL OFF1t1At DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN THE MANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT;,and in the eve~t that any thereof is no~ pa~d, sat"sfied and discharged sa:d MORiGAGEE may at any time pay tF~e same or any part thereoi without waiving w alfectie~g any option, lien, ~quity or •~qht under or by virtve of this mortgsge a~d the full amovnt of eath snd every such payment shall be immediately due and payable and shall bear ieterest .cm the date thereof umil paid at rate of nine per cenWm per annum and together w~th such intsre~r s al be secured by the li n o~ th:s morgtage. 3~C1t~V~ YJl~f~~4~ ~ ~ - - ~ p ~ „~`x,~r~~ ~a- .w~_r +;~.a:~