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Home My WebLink About0615 t~376~V ? . . TIIlS It~IDfNiURf, Mad~ ~?~e ~th d.y ot September A.D. 19 ~Z.. t~tWeen Willie E Reden and Rosetta Re~~ his wife ' of St . Luc ie ~ Cqinty Flwida, heninaftN detignated +s the "MORTGAGOR," a~d FIRST FEOERAt SAVINC,S AND IbAN ASSpC1ATiON OF FORi PIERCE, a cwporation wya~izcd and exit~inp under ths lawt of~ N~s United Stat~i of Americ~ and Mv~~ its principal plac~ of busintss in ~M City of Fa~ Pieres, St. luci~ County, Florid~, heninafter deipn+qd u tM °MORTCNGEE.° ~ WHEREAS the MORTGAGOR is jvttly indebt~d to tM MORTGAGEE in the sum of = ~'3~ , good and (awful money oi the Un~ted ; States advanced by the MORTGAGEE umo ths MORTGAGOR, as evide~ced by s cartai~ prom:uory note of even dale herew~th, of wh~ch the following in j wo~ds and figuref is • true copY, to-wit: = 13 400~00 Np 10018802 ! ~ P~..~.. Fta~a,. September 7, 19 72 Fw value received, I, we w either of vs, promise to pay, without defalcation, te the order of PIRST fEDERAt SAVINGS AND IOAN ASSOClATION OF ~ FORT PIERtf al Fort Pierce, Florids, ~he aum of S 13' with interest from date at the rate of 7• 5 96 Qer ~nnum, i~ monthly ins~slb J ments as fo~low~: S on the day of November , 19~ and a like sum on the corresponding day of each month the~e- ~ af~er until the whole be fully paid. Each instailment tirst shall be applied in payment of the inte~est and lhen on the u~paid balance of the princ~pal sum. If d ault is made in the payment of any installment when due, a~d such default continues 30 days, then st the optMn of the holde?, and without any other notice, all the remaining • ~~stallments sha!! be due and payable at once. Privilege is given to prepay lhis note in whole w in part at any time without penalty. Neither forelxarance, nor accepta~ce by the holder thereof aite~ any defau~t in any payments hereon, shall be deemed extension. A late payment charge of S 5' 4O shall be i added to each instatlme~t remaining v~paid 7 days after its due date, and a fike sum shatl be added to each such insiallment remaining unpaid 7 days after each succeeding payment date. , fach maker, surety and endorser hereof, jointly a~d severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extensan of t~me of payment, either before w after maturity, without notice to any of vs; and to pay all costs of collectia~, includ~ng a rea:onable attwney's fee in the event of any default hereunder, nnd hereby severally waives all be~efit of homestead and exemption under the constitution a~id laws of each State of the United States, as against this obligation w any extension w renewal hereof. Witness the hand and seal of esch party. S/Willie F. Reden (s~Au ' ' (SEAU ~ ,~/Rosetta Reden ~q ( ~ 2~ • 1~ ) State Revenve ~u ~ NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of ssid wm of ; ~ 3~ 4~ , ~nd the performance of ths covenants and agreements herei~after expresud, and fw divers good snd valusble consideratio~s, by these preunts, does grant, bargai~, sell, rem;se, release, convey and confirm ~nto the MORTGAGEE, its s~cceuors and auigns, alt that cenain bt, piece or parcel of land, situate, lying, and being in ths County of St . LIiC ie ~ and Stste of Fbrida, described a~ follows: Lot 2 and the East ~ of Lot 3, Block 11, SUNLAND GARDENS, : as per plat thereof on f ile in Plat Book 8, at page 32, of th~ public records of St. Lucie Coutrty~ Florida. -i . i : f Rf~114D ~ IN PAYMEM OF T~VXES ~'i ON (~ASS 'C {kTArt6(6lE PE?SOIiAi PROPE7ilYi ~ ; AfQ9(IAIt[ TO ~iAPTER 71-23d. ACIS Of 197L`~,ro~ j ROGER PO(TRAS / ` O~RX ClTiq!(f OOURT. ST. WCIE OQ, A.A, ; E E • ~ s ~ s ~ ' togethsr with all and sir?gular the tenements, hereditaments and sppurtsnces thereunto belonging or in snywi~e appert~ining flxreto, and ~II renri, iuues, ' ~ proceeds and profin ~cuving snd to scuue from ssid premises, all of wFich are inciuded in the above and faeyoiny description and habendum. ` ~ TO HAVE AND ~Q HQID the above desuibed snd gr~nted premises unro the said MORTGAGEE, its successon and assiyns fwever. Md the said ~ 1]eir MORTGAGOR for - heirs, e:ecutws, administrators snd assigna, hereby covenanri with the s+~id MORTGAGEE, ib sutcessors and assiyro, ; 6 fhat they are ~a~~~iY ~iz~ of tFro ssid premisas in fee simple; that the ssme are free, clear and diuharged from all liens ~nd ~ncwn~ ~ ~ brances in lew or in cquity, and tbat they will and their heia sh~ll w~rrant sod defend the title to the sarrK to ths said MORTGAGEE, its successors and augns, forever ~gainst the I~wful claims and demands of aIl persoru; PROVIDEO, AlWAYS that if the MORTGAGOR shsll pay unro the MORTGAGEE ti?e promiswry note hereinbefore destribed and shall truly, promptly and fully perfwm, diuMrge, execvte, canpkte, comply with and aUide by each and every the stipuletions, spreeenents, co~ditions snd covenanb of said t promissory note and of this Mongsge, then this Mortgsge and the Estate F~ereby ncated iMll tease and be ~ull and void. i IT IS UNDERSTO00 thal tF~e wwd "Mortg~gw" whether in the singufar or plural anywhere in this Mwtgage, shall be singulu if one o~ly and ~ shall be p(ural joi~tly end severally if more then one, and ti?at tAe wad "their" ~s used anywhere in ti?is Mortgage ihall be t~ken to mean "his;• •'hen•• { S or "its;' wherever the corttext w implies w admits. Also, that wherever there is + reference in the covenants and agraemenb hsreim m~tained to sny of ~ the parties" hereto, the same shall be construed to mesn es wetl as the hein, (egal repraentative~, successo~s and assipns (eilher voluntary by act of the F parties or irtvoluntary by ope~ation of the law) of the ssme and that the covereants herein contained shall bind and the benefits ~nd advantspas inur~ ; ~ ro the respective heirs, legal repre:entativea, succasors and su'gns of the parties hereto. x Md said Mortgagors, fa themselva and their hein, legal representstives, tuccessors ~nd auigns, hereby jantly and sevenlly wvenant and ayree +o and wi?h the said MORTGAGff, its succnsors snd assigns: _ _ ~ 1. To psy aIt and singulsr the principal snd interest and the vsrious and sundry sums of money payable by virtue of uid promissory note, and this ~ mortgage. esch ~nd every, promptly on tF+e days respectively the same severslty become due. ~ 2. To pay all ~nd singvlar the tsxes, auessments, levies, lisb~lities, obligations snd encumbnnces of every nature and kind now on asid dewibed ~ ~ property, or that hereafter msy be imposed, wffered, placed, levied, or astessed thereon, or that heresfler msy be levied o~ essessed upon this Mortp- ~ age, a tM indebtedneu secured hereby, esch and every, when due snd payable, accwdirg ro law, before they become detinquent, and befor~ my interest arraches a any penalty is inturred; AND INSOFAR AS ANY THfREOF IS OF RKORD 1HE SAME SHAII BE PROlNPTLY SATISf1ED ANO DISCHARGED OF ~ RECORD AND THE ORIGIIVAL OFfICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO ~ OR CERTIFIED) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN ~AYS NEXT AFTER PAYMENT; and in the evenf that sny thereof is nw ~ 4 paid, sar'sfied and discharged sa:d MORIGAGEf may at any time psy tF~e same w any part thereof witFwut wsiving or affecting any option, lien, equity or ' ~ •i ht under or by virtue of this mort a e and the full amount of each and ever such } q g g y payment sh~ll be immediately dve and psysble and sl?all be+r interest ~ ~~om the date thcreof until paid at rate of ~i~e per centum per annvm and togethe~ w~+'th su F~ interest shatl be secured by the lien of th:s mw9ta9e. aoa~ ~acr f~14 ~ ~ ~ } : ; ~ , . .