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Home My WebLink About0238 23'7444 THIS INDENTURE. Msd~ the 25th dsy of AllQUB'~ A.O. 19 72 betwee~ Nerbezt A. Younq and Barbara Youn4, his aife - _ 4 of St . LuCie . Counry Florida, hereinat~cr designated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpaat~a+ wy~nized and exiiting under the laws oi ths United Sts~os of Ame.ica end Mving its principal piace of busineu in tM City of Fort Pi~rce, St. l~cie Cov~ty, florids, hereinsfter deiiynated as tFN "MORTGAGEE:' WHEREAS tM MORTGAGOR a justly indebted to the MORTGAGEE in the sum of S 14 .1~~ , good and lawful money of 1he Un~ted S~ates advanced by the MORTGAGEE un?o the MORTGAGOR, as evidenced by a cer~ain p?omissay note of eve~ da~e herew~th, of wh~ch the lollowing in words and figures is a true topy, to-wit: s 14 ,100.00 _ ~ 10018719 Fort Pierce, Flaida, AuguSt 2$' _~q 7~ Fw value received, 1, we or either of us, promise to pay, without de~alcat~on, to the order of FIRST FEDFRAI SAVINGS AND IOAN ASSOCIATiON OF FORT PIERCE at iort Pierce, Fbrida, the sum oi s 14 ~ 1~~ .~0 with interesl from date at the rate of 7• 7+h per annum, in monthly ins+all- ~ne~ts a: follows: :116 ~ t~ lSt dsy of ~CtO~'Y _ 19 72 and a like sum on the cwresponding da~ of each month there- { afrer until the whole be fully paid. Each installment first shatl k» applied in psyment of the interest and the~ on the unpaid balance of the princ~pal sum. If d ault is made in the payment of any installment when due, antJ such default continues 30 days, then at the opti~n of the holder, and without any o?her notice, all the remaining ~r~srallments shall be due ar.d payable at once_ Privilcge is given to prepay this note in whole or in pa?t at any time without penalty. Neither forebearance, nor acceptar+ce by the holder Ihereof after any default in any payments hereon, shall be deemed extension. A late payment charge of s~_, shall be added to each instatlment remaining unpaid 7 days after its due date, and a tike sum shall be added to each sucn installme~t remaining unpaid 7 dsys after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives drmand. presentment protest and notice of protest fw nonpayment, and funher agrees to any extension of time of payment, either betore o~ after maturity, without notice to any of us; and to pay all costs of collection, including a reascnable attor~ey's fee in the event of any default he?eunder, and hereby severally waives all beneiit of homestead and exemption under the constitutan a:~d laws of each State of the United States, as against this obligation q any extens~on w renewal hereof. Witness the hand and seal of each party. (SEAL) s/Herbert A. Youna cs~?~~ (s~?u s/Barbara Youna ~sFnu ( 21 .15 1 State Revenue iStaro~ rAOCeWd ~n or~ip'v~sLoael. NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of ~ 14s 1~ and the performance of the covenants and sgreements hereinafter expresscd, and fw divers good and vsluable considerations, by theie preacnts, dxs grant, bargain, sell, remise, release, convey and confirm u~to the MORTGAGEE, its successors end assigns, al~ that certain lot, piece w parcel of Iand, situate, lyirw~, and being in the Counry of St . I'uCiQ a~d State of Fbrida, desuibed as follows: Lot 19, Block 37, SUNLAND GARDENS PLAT No. 3, as per plat thereof recorded in Plat Book 9, page 67, public records of St. Lucie County, Florida,? j . _ ,c~. t ~ ; . . ' . n; ~ W y, ~7`fATEaF FLQ~Ii~A ~y - ~ ~ v t- ~ DOGUI~1ENfAD~ STlaMP _ - ' . - .J a z - - TA~( ~ ~ - SEP-S'72 d ~i,~.:'~" l'='' 1+; ~ N • ~ G I 15 = f y.~... ~v ytj~ ~ ct~ ~ _ U . ocvt.at e[r[nt - ~ ~ ~ O ` ' - ` - . ` ~ P ~.19011j _ . - f ~ ~ `~"'7Y _ -t Y~.;. . `1`t C~ i CJ~'~,' , f ~ together with all and singular the tenements, hereditaments and appurtances tF~ereunto belonging a in anywise sppe?fainirg therefo, ~nd all reMt, issues, proceeds and profiri sccruing and to sccn?e from said premises, all of which are included in the sbove and fwegang dexription and habendum. TO HAVE AND TO HOtD the above dexribed and grsnted premises unto the said MORTGAGEE, its successors and auigns forever. Md ihe sald A10RTGAGOR for their executors, administrators and assigns, hereby covensntt with the ssid MORTGAGEE, its svccessors and ~uiym, rhat thev are Iawfully u~zed of tl~e said prem~ses i~ fee simple; thst the same sre free, clear ~nd dixharged from ~II liens snd ~ncum- brances i~ law o? in equity, and that they W~~~ a~ t~lY hein shall warrant and defend the title to the same to the taid ~ MORTGAGEE, its sucussors and auig~s, faever against the lawful claims and demands of ell penorts; ~ - PROVIDED, ALWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promiuory note hereinbefwe deuribed and shsll truly, promptly ~ and fully perform, dixt~r:rge, exetute, complete, comply with and abide by eath and every the stipulations, agreements, conditions and.covenants of said ~ ~ promissory note snd of this Mortgage, then this Mortgage and the Estate hereby vested shall cease and be null and void. ~ IT IS UNDERSTOOD tF~st the wwd "Mortgagor" whethe~ in the singular w pl~ral a~ywhere in this Mortgsye, shall be singvlar if one only and : ~ shall be plural jointly •nd severally if more than one, snd that the wwd "their" as used anywhere in this Mortgage shslt be tsken to mean "hif;' "hers," ~ or "its;' wherever the context w implies or admits. Also, thst wherever there is a reference in the covenantf and sg~eemenri herein conhined to any of ; ~ the p~rties hereto, the same shall be construed to mesn a• well as the hein, kgal representatives, wccessas and suigns (either voluntsry by ~ct of the ~ parties w involuntary by operatan of the law) of the same and that the covenants herein contained shall bind a~d the benefits and ~dvantages invre ~ to the respective heirs, legal representatives, successors and au'gns of the parties hereto. And said Nbrtgagors, fo. themselves and their heirs, legal reprexntstives, successws and auigns, hereby jointly and severally covenant and ~yree fo and with the said MORTGACaEE, its successors and assigns: ~ 1. To pay all and singular tM principa) a~d interest snd the various and sundry sums of money psyable by vinue of said promiisory note, and this ~ mortgsge, esch and every, promptly on the days respectively the ssme severally become dve. 2. To p~y ~II and sirgvl+r tF?e tsxa, sstessmenb, levies, liabilities, obligatwns and enc~mbrances of every nature and kind now on iaid desaibed property, a that F+eresfter may be imposed, i~ffered, placed, levied, or asseued thereon, w that hereafte~ may be levied a assessed upon this Mort¢ age, or tlk indebtedrxu secured hereby, esch and every, when due +nd payable, accwding to law, befwe tF~ey become delinquent, ~nd befwe any interest artacF~es or s~y penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTIY SATISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFIE~) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WI?HIN TEN ~AYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat's(ied snd discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving or afiecting sny option, lien, equity a •~aht under w by virtue of this mortgage and the full amou~t of each and every such payme~t shall be immediately due and payabk and shall besr interest ~.om the dale thereof until psid at rate of nine per centum per snnum and together w~+h such interRSt secured b~,Jien of th:• moryt~ye. 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