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Home My WebLink About0246 lr/v ~ a[ =sv THIS INDENTURE, Mad~ tl~e 28th d+y of Au~St ~ , A.0. 19 72 between John W. Davis and Thelma L. D-~vis, his wife of St LUCle , County Flaida, hereinafter desgnstcd ~s the "MORIGAGOR;' and FIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a mrpaition ory~nized and existing unde~ ths laws of ths United S~atas of Amerit~ and having its principal ptace of busineis in tF» City of fort Pierce, St. tucie County, florida, hereinafter desigr?ated as the "MORTGAGEE:' WHEREAS tM MORTGAGOR is jtntly indebted to ths MORTGAGEE in the sum of = 21 ~ 2~~.~~ , good and lawfu~ money of the Un~ted Sta~es advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even date herewith, of wh~ch the iollowing in words and figurei es a trw copy, to-wit: s21,200~00 No10018748 Fort Pierts. Flwida. August 28 19 72 for value received, 1, we w eithe~ of us, prom~se fo p(~aj withoul defalcation, to ~he order of FIRST FEOERA~ SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, fbrida, the sum of s 21 ~ 2"" with 7nterest from ~late at the rate of ~o par annum, in monthly install- mems as follows: s 175'~ on ~he 15t day of ~etober ~9 72 ~and s like sum oo the cwrespooding day of each month there- after uMil the whole be fully paid. ~ Each installment first shall be applied in payment of the interest and ~hen on the ~npaid balancs of lha princ:pal sum_ If d ault is made i~ the ~ payment of any installme~t when due, and such defaul? continues 30 days, then at the option of the holder, and ~vithout any other notice, all the rema+ning ~ ~nsrallments shall be due and payable at once. Privitege is given to prepay this rate i~ whole or in parf at any t~me wiiFw~t penslty. Neither fwebearance, ~ nor acceptance by the holder the~eof after a~y default in any payments herron, shall be deemed extension. A late payment charge of S 8'75 shall be ` added to each installment remaining unp~~d 7 days after its due date, and a like sum shall be added to each such installme~t remaining unpaid 7 days after each sucteeding payment date. Each maker, surety and endwse? hereof, jointly and severally, waives demand, p~esentment p?otest and notice o( N~otest fo? nonpaymenf, a~d further agrees to any extension of time of payment, either beiore or after maturity, without not~ce to any of us; and to pay all costs of colfection, includ~ng s . reasonable attorney's fee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the tonstitution - and laws of each State of ~he United States, as against this obligalion w any extensio~ w renewal hereof. Witness the hsnd ard seal of each party. (SEAI) - s/ John W. Davis ~~A~~ (SEAI) ~ s/ Thelma L. Davis t 31.80 ~ Stste Revenue - ~ - „ (,5tarppy.tane4UCil_Qp oriainal note) ~ NOW, THEREFORE, tF~e MORTGAGOR fo~ the purpose of secvring payment of said sum of S 21 ~ 200. ~0 and the performance of the ' covenants and agreements hereina(ter expressed, and fa divers good and valuable considerations, by these presents, dces grant, bargain, selt, remise, _J release, convey and confirm unlo the MORTGAGEE, its succeuors and auigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St . Ll1C le - and State of Ftorida, dexribed as follows: Lots 19 and 20, Block A, WEST END ADDITION, as per plat thereof on file in Plat Book 2, page 5, of the Public Records of St. Lucie County, Florida, I~i ~ - i W STAT" E aF F L O~-{ ~ v • ppGUMENTAfl" STAiNP' T~F7G' ~ :F S~~ Z a"""~ T~ r~~C~x ~ a U . S.~ . • V: I ~ _ SfP-S'72 ~ _ ~i ~ ~ ° = 3 i 80= ~ t .~Z'=~ (A V D[7i 0? tE~fE1CrE r ~ ' ~ _ • r , P8.190112 - ~ i ` ~ R "l~s' ~~~F; `4 (f;•• 4 f~, j~~ t~ c',- C! -_,.y;~t;,: ~ ~C~ ` ;G~, -~h; `!V' w~ C1iG~~~ ~ J together with sll and singular the tenement~, hereditamenri snd •ppu?tsnces thereunto belonging a in anywix +ppertaining thereto, ~nd +II rents, iuues, proceeds and profits accruing and to scaue (rom ssid premises, all of which are inclucled in the above ~nd fwegoir~ description and habendum. TO HAVE AND TO t101D the above desvibed ~nd grs~ted p~emises unto the said MORTGAGEE, its suaeswn ar+d assigns forever. And tM ssid their h10RTGA R fw - heirs, executon, sdministratas and assigns, hereby covenants with the said MORTGAGEE, its succeswn ~~d sssipns. rhat t~e~-a re lawfully seized of the ssid premises in fee simple; that the ssme are free, clesr and dixharged from all liens and entvm- brances in law or in equity, and that they wi11 and their ~irs shall wsrra~t a~d defend the title to fhe isms to the iaid MORTGAGEE, its successors and suigns, forever against the Iswful clsims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE ~he promissory note hereinbefore dewibed and shall truly, promptly and fully perform, diuF~arge, execute, compkte, comply with ~nd abide by each and evcry the stipulstions, sgreements, conditions and covenanri of said promissory note and of this Mwtgage, then this Nbngage and the Estate hereby ueated shstl cesx and be null a~d void. ~ IT IS liNOERSTOOD tMt the vrord "1Nortgaga" whcther in the singular or plural ~nywhere in this Mortgage, shsll be singular if one o~ly end shall be plural jointly and sevenlly if more tMn one, and thal the word "their" ss used snywhere in this Mongsge shsll be bken to mean "his;' "hen," or "its;' wherever tF~e context w implies or admits. Alw, that wherever there is a reftrente in the coven~nts and agreements herein tontained to any of ~hs parties herNo, the same th+ll ba construed to me~n ss well as the hein, legal repreuntatives, svccesson and assgra (either voluMSry by ad of the parties or involuntary by operation of the law) of the same and that the covenants herein cw+tained shall bind snd the benefits snd advantages inure to the respective heirs, legal represe~tatives, successas and au'giu of the p+rtics hereto. And said Mwtgsgors, fw themselves and their heirs, legal repre~e~tative~, successws and auigns, hereby jantly and severalty tovenant and agree to snd with the taid MORTGAGEE, its wccessors and assgns: l. To pay al) and singular fhe principal ~nd intere~t and the various ~nd sundry sums of money payable by virtue of said promiuory note, a~d this mortg+ge, esch ~nd every, promptly on the d~ys respectively the same severally become due. 2. To p~y al) snd ~ingular the ta:es, assessments, levies, li~bilities, obligstions and encumbrances of every nsture end kind now on said described property, w tl~at F~e~eafter may be imposed, suffered, placed, levied, or +uesud thereon, or that hereafter may be levied w assessed ~pon tF~is Mort¢ age, w the indebtedneu secvred hereby, each and every, wF~en due ~nd pay+ble, accwding to law, before they become delinquent, and befwe ~ny interest attaches w a~y penalty is incurrcd; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND DIS~HARGED OF RECORD AND THE ORIGlNAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENOORSE~ OR CERtIFIE~) SHALL BE PLACE~ IN THE HANDS OF SAID AI~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and discharged sa~d MORTGAGEE may at any time psy the same or any part thereof without waiving w affecting any optiw~, lien, equity a •~qht under or by virtue of this mortgage and the full amo~nt o1 each and every such payment shatl be immediately due and payable and shall bear interest s.om the date thereof until psid at rate of n~ne per centum per annum and together w~th s~ ~+t ~+II be secur~~e lien of th:s morgtaye. . 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