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Home My WebLink About2864 23'7~v ~ ~ THIS INOENTURE. Mad~ ths 29th day of AUQUSL , A.D. 19_?? betwNn _ Willie Pra~~ Jr. and Mildred Pratt~ hi_c tiif~_ ,y i of $t • L.L~~C , Covny Flar~da, hereina(ter dcsgnated as the 'MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaat~on orQanized and existing under the laws oi ths Un~ted StatQS of Ameiica and having its principal place of bu:~ness in th~ City of Fwt Pi~res, St. Lucis County, Florida, hcreinafter designated as ~he "MORiGAGEE:' WHEREAS th~ MORTGAGOR is justly indebted to Ihe MORTGAGEE in the sum of S 8.s2O0t~ good and lawful money of the Un~ted Stares advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain prom~sswy note of even dare herew+tb, of wh;ch the following in word~ and figures is a true copy, tow'et: s 8 s 200 •00 ryp 10018751 • Fort Piarce, Flwida, August 29 s 19 72 For value rcceived, 1, we w either of us, promiu to pay, without defalca~ion, to the order of FIRST fEOERA! SAVINGS ANO LOAN ASSOCfAT10N OF , FORT PIERCE at Fort Pierce, Florids, fhe sum of S 8 s 2~ w;th interest from date at the rate of ?~75OO per ar~um, in n-.oMhly install- ;,,rnts aa fo~lows= S 73 on the 1 St day of October ,~9 72 and a like sum on the cwrespon~l~ng daY of each month there- a!rer until the whole be f~lly aaid. Each installment Iirst shall be applied in payment of the interest and then on the unpaid balance of the princ:pal sum. If d autt is made in the F:ay~nent of a~y insta~lment when due, and such default continues 30 days, then at the opt~~n of the holder, and wiihout any other nor~ce, a!1 the remaining ;~,sfallmeMS shall be due and payable at once. Privilege is qiven to prepay this note in whole or in parl at any time without penalry. Neither iwebearance, nor acceprance by the holder the~eof afrer any default in any payments hereon, shall be deemed extension. A late payment chsrge of s 3•65 , ahall be :;d~ed to each installment remaining unpaid 7 days afttr its due da1e, and a tike sum shall be added to each such insta(Iment remaining unpaid 7 days afttr each svcceeding payment date. Each maker, su~ety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthei - agrees to any extenswn of time of paymenl, either before or after maturity, without not~~e to any oi us; and to pay all costs of colfection, includ~ng a reasonable attorney's fee in the event of any defautt hereunder, and hereby seve~ally waives all benefit of hemestcad and exemption under the conatitution s~~d laws of eacl~ S1ate of the United States, as against this obligation q any extension or renewal hereof. Witness the hand and ieat of each party. S/Willie Pratt~Jr. ~sEaq ; i lSEAL) S/Mildred Pratt tsew~~ ~ $12 . 30 i State Revenw NOW, iHEREFORE, the MORTGAGOR fw the purpose of securing payment of sa~d svm of S 8~ 2~ , and !Fx perfwmance of the covtnants and agreemEnts hereintfter expiessed, snd fw divers good and valuable considerations, by thru preseNS. doe: grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, iri successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of S~ • L~ 1e snd State of Fb~ida, dexribed a~ fotlows: ~ Lot 19~ Block S, SOtJPt~RN PINES SLBDIVISION, as per plat thereof on file in Plat Book 9, Page 68, as recorded in the public records of St. Lucie County, Florida.? W ~ STAI~E. °pF S~RIUA - OOCUMENTA ~,,,y : ? ~ = p,~3~~7~ ' 8 5 ~ ~5 ~ V ot~t.at et~et~ac. ~ ~ ' - P.9.~9o~~z = . . ~ _ - • . : t~ x - ~ - {M rArME1R - - p~ T~. "j ~ _ ~GG31~72 • . j;: _ ~ ~ ~L` I1RAIr6la.E pEgy0iMl1~ P~fY ; ~ _ _ ` ~ 6 4 5 = ~ ~ro ~ ~S o~ ,9~~. ' , < uE1i.~r urtwit - _ ~'+ER POItRA,S P.B. ~90~ ~ ~t crtrc~tr oouRt, sr. lUC1E 00.. i rogether with a!1 and singulsr the tenements, hereditaments and appurtsnces thereunto belonging or in anywise appettaining therero, and a!t rents, iuues, proceeds and profin uauing +nd to accrue from said premixs, all of which are included in the above and foregoing deuription and hebendum. ' TO HAVE AND TO HOID fhe above desuibed snd granted premisea unto the said MORTGAGEE, its successors snd auiQns forever. And the ssid N,ORTGAGOR for *heir executors, administrators a~d assigns, hereby covenants with the ssid MURTGAGEE, its succeuors and ~ssigro, rhat thQ~/ aYe - Iawfvlfy xized of tF?e said premises in fee simple; that the same are free, dear and dixharged from •11 1'~ens and encum- brances i~ law a in equity, ~nd thst they will and their hein shsll warrant and defe~d the title to the same to tMe ~sid MORTGAGEE, its tucceuors snd ~ssigns, forever ag~inst the lawful claims and demands of ~II persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed arsd shall truly, promptly and fully perform, dixharge, execute, complete, comply with and ab~de by each and every tF~e stipulations, agreemenri, condiiwns and covenants of t~id promiasory rate and of this Mongsge, then this Mwtg~ge and the Estate hereby ueated shall cease and be null and void. IT IS UNDERSTOOD th~t the word "Mortgsgw" whether in the singular w plu~al anywhere i~ this Mortgsge, shsll be sirpular if one only and shall be plural jointly a~d severally if more than o~e, a~d that the wwd "their" as used enywhere in th~~ Mortgage shall be taken to me~n "his;' "hers;' or "its;' wixrever the context w implies w sdmits. Also, that wherever there is a reference in the covenanrs and ag?eements herein contained to any of rhe pa?ties hereto, the ssme ihall be construed to mean as well ss tha heirs, legal rtpresentatives, successors and assigns (eirher votunrary by act of the parties a involuntary by operatan of the !aw) of the same and fhat the covenants Fierein contained shall bind and the benefits snd advantages inure ro the respective hein, kgal representatives, sutcessors and su~gns of the parties hereto. And said Mortgsgors, fo~ themselva and their hein, legsl represemstives, s~cce~sors •~d assigns, hereby jointly and sever~tly covenant and ayree to and with tFro said MORTGAGEE, ita successors and assigns: 1. To psy ell ~nd :inpvlar the principal and inteies! and the v'riovs and sundry sums of money payable by virt~e of said promissory note, snd this mwtgsge, esch ar?d every, promptly on the dsys respect~vely the same severally become due. 2. To pay •II ~nd singufar the taxes, sssessmenri, levies, liabilities, obligstions and encumbrances of every nsture and Rind now on said described property, or thst ixresher may be imposed, suffered, pl~ced, levied, or suessed the?eon, or 1F~st hereafter may be Icvied or assessed upon this Mort¢ age, w the indebtedness secured hereby, exh srsd every, when due and payable, according to law, befwe fhey become delinquent, and befwe any interqt atraches o~ any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD 1HE SAMf SHAtI 8f PROMPiLY SATISFlED AND DISCHARGED OF RECORD AND 1HE ORIGtNAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof ii ~ot pa~d, saYSfied and discharged sa:d MORiGAGEE msy at any rime pay the same a+ any psn thereof without waiving or affecti~g any option, lien, equity a •~aht under or by virt~e of this mortgage and the full amount o~ each snd every such payment shall be immediately due and psyable and shal{ be~r interest ~•om the date thereof until psid at rate of n~ne per centum per annum and logethe~, vwth,yi~ jpterest sh~(~~red by the liert of th:s morgtage. . ~ $QQX l~l~ J PACF~r ~ - :3 t' . x.~%~-~~.~~'~'