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Home My WebLink About0617 ~~:~~d~i TIi15 INDfNTURE, Mad~ the 28th dsy of Auq.uSt , A.D. 19 72 between Lyn I.ucas and ~~qnn W. Lucas, his wifs ~ of St • LL1Ci@ ~ Covnty Florids, hereinafta desig~aied as ths "MORTGAGOR," a~d fIRST FEDERAt SAViNGS AND tOAN ASSOCIATION OF FORT PIERCE. • corpwatio~ «g~ni:ed and exisring unde? tM lawa of the UNred Statas of America and having its princip~! place of bu~insu in tM City of Fwt PiKCe, St. lucie Cou~ty. Florid~, FK~einafter designated ai the "MORTGAGEE:' WNEREAS Ihe MORiGAGOR ia ju~tly indebted to ths MORTGAGEE in the sum of s 24,600~~ g~ and Iawtul money of t!+e Un~ted States advarxed by the MORTGAGEE unto the MORTGAGOR, as e~idenced by a certa~n promisso?y note of even date herew~~h, of which the ~oilowing in wads and figures is a vw copy, to-wit: i ~ 24,600.00 10018741 ~ Fort Pierc~, Ftorids, August 28~ ~y ~72 For value received, 1, we w eithe~ of us, prom~se to pay, without defalcation, to the order of FIRST fEOERAt SAVINGS AND LOAN ASSOCIATION OF i FORT PIERCE at Fort Vicrte, Florida, the sum of j 2416~~~ with interea~ from datt at the rate oF 7~2So per ennum, in monthly install- mems as foltows: s 178'~ on the 1st day of December ~9 '72 and a like sum on the carespond~ng day of each mon~h there- ~ aher unli! the whole be fully paid Each installment first shall be applied in psyment of the interest and then on 1fie unpaid balance of the p~incipal sum. If d ault is made in the : ~;aymem of any insta~lment when due, and such default continues 30 days, then at the option of ~he holde~, and w7ihour any other not~ce, all the remai~~ng ` :rssraNments shall be due and payable at once. Privilege is give~ to prcpay this note in whole or in part at any t~me without penalty. Neiiher forebeara~ce, nor acceptsnce by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S$' 9O. shall be added to each installment remaining unpaid 7 days after its due da1e, and a like sum shail be added to each such insrallment remaining unpaid 7 days after each succeedirg payme~t date. Each maker, su?ety and endorser hereof, joinlly and :everally, waives demand, prexntment protest and notice of protest for nonpayment, a~d further ag~ees to any extension of time of payment, either before w~ftcr maturity, without notice to any of us; and to pay alt costs aF cotlection, including a reasonable attwney's tee in the even~ of any default hereunder, and hereby severalty waives all benefit of homestead and exemption under the ca+stitution and laws of each State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seal of each party. S/Lyn Lucas ~A~~ (SEAL) S/Ann W. I.ucas csEAq $36 90 «4U t + ~ State Revenue ~ NOW, THEREFORE, tiro MORTGAGOR for the purpou of securing payment of ssid sum of i 24 ~ 600 , and the performance of the covensnts and agreerr~ti herci~after expreased, and for divers good and valuable considerations, by these presents, dxs grant, ba~gain, aell, rem~se, releau, convey and confirm unto the MORTGAGEE, iri succeuors and assig~s, all that certain lot, piece or parcel of land, tituate, lying, and being in the County of St. Lucxe , and State of Ftorida, described a: followr Lot 24~ Block 5, CORAL COVE BSACI-i~SECTION ONE, as per plat thereof on file in Plat Book 11, page 30A b 3pB, recorded ! in the public records of St. Lucie County, F2orida. ~ STATE aF ~LORIDA ~ ,z u ~ DOCUMENTARY ~A M P I A x-~ ~ ~,y~~ ~ T~ nFpt_or REr~uE ' • ~ ~ ntiOH tYltss ~C• :r:in~;^:t~K ~E.<s~.~: ?BO~FItt~ f, '•o = ~EP•~7~ ~1 TD i:11APTER 71•23+. A~TS OF 1J1L ~C ~ ~ `3S.9fli ~ = ' kOGER P01?RAS d E o = I I IOt `s.. r / ~ ~tEttX C{RGIR COURT. St. L11aE C0, FIq, , . ~ ~ ~ ~ tagether with sll and singulsr the tenements, hereditaments and appurtances thereunto belonging or in anywise appe?taining tFurero, and •11 rents, iuues, € proceeds and profitt acuuing snd to accn?e from ssid premises, all of which are included in tAe above and foregoing desviption snd haber?dum. ~ TO HAVE AND TO HOID the above described snd gnnted p~emises unto the said MORTGAGEE, its successors and suigns forever. And tl+~ said ~ MORTGAGOR for their ~;~s, execurws, adminisrrarors and a~signs, hereby covenants with the said MORTGAGEE, its wcceuors ~nd ~stigns, € tnaf _ th~are ~awfully seized of the said premises in fee simple; that tF?e same are free, ckar and dixMrged from all liera ~nd tr?cvm- ~ brances in law o~ in equity, and that thev _ will snd thpir heirs shall ~vsrrant and defend the title to Ihe same to the said ~ MORTGAGEE, its successors and auigns, forever agsinst the lawful claims and dema~ds of all perso~s; PROVIDEO, AlWAYS that if the MORTGAGOR ihall pay unto the MORTGAGEE the promiuo?y note hereinbeFwe described and shap truly, promptly and fuliy perfwm, discharge, execure, compkte, comply with snd abide by esch and every the stipulations, agreemenn, condiians snd covenants of said : promissory note ~nd of this Mortgage, tlxn this Mortgage and the Estate hereby ,reated shall cease ar~d be null and wid. IT IS UNDERSTOOD tFut the wwd "Nbrtgagor° whether in the singular p plural anywh¢re in this Mortgsge, ihafl be singular if o~s only and ; shall be plural jointiy and sever~lly if more than one, and that ihe wwd "their" as vsed s~ywhere in thES Mortgage shall be tsken to mean "his;' "hen;' or "its;' wherever the context so implies o~ admits. Also, fhst wherever there is s refe?e~+ce in the covenants and agreements hcrein contained to any of the parties hereto, the same shall be construed to mesn ss well st the heirs, tegsl rep~esentatives, tuccestas and assigns (eitF~er voluntsry by act of the } partic~ o? involuntuy by operation of the law) of ~he ssme and that the covcnants herein contained shall bind and tha benefits and adv~ntagei inure 9 ro the respective heus, legal representatives, wcceuors and au'g~s of the parties he?eto. t ~ And taid Nbrtgagors, fw themselves ~~d their hein, legal representatives, successaf snd auigns, hereby jointly and seve~s!!y covenant •nd agree to and with tt+e aid MOR7GAGFE, its successors and assigns: ~ 1. To pay d) and sirgular thc principal and interest and the various and sundry sums of money payabte by virtue of said promisaory note, ~nd this ; ~ mortgage, csch and every, promptly on the days respectively the same severally become d~e. ~ 2. To psy all and singvlar the taxes, astessmeots, lev'~es, liabilities, obligatiora and encumb~srxes oF every nature and kFnd now on said dewibed ~ property, w thef hereafter may be imposed, suffaed, plsced, levied, o? ~ssessed thereon, or that hereafter may be levied w a~sessed ~po~ this Mort¢ ~ ege, w the indebtedneu secured hereby, each ~nd every, when due and payable, accwding to I~w, befwe they become delinquent, and befwe any interest ~ attaches or any penalty is inturred; AND INSOfAR AS ANY THERfOf IS OF RECORp THE SAME SHAIL BE PRON1FTlY $ATISFIED AND DISGHARGED OF ~I RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICiAIIY ENDORSEO ; OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMfNT; and in the event that sny thereof is not I 3 pa~d, satsfied and discharged sa;d MORTGAGEE may st any time psy Ihe same or any part thereof withou~ waiving or affecting any optioo, lien, equity or r •iqht under w by virtue of thif morfgage and tix full amovnt of each and every such payment shall be immediately due and payabte +nd siull bear interest ~~om Ihe date thereof until paid at r~re of nine per cenrum per annum a~d together w~th~,y`'~ e~E st shaU be secured by the lien of th's morgta9e. ~ 6~Gt.~.VO ~~rr t11U ~~.,.;Y ~ : . , ~ , ~ ~ : ~ r