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Home My WebLink About0621 . 23'7693 THIS INDENTURE. Made fhe 22nd dsy of August , A.D. 19?? ~ between Ralph L. Sanford and Puth A. Santord~ his wife of St. Lucie ~~~~y Flwid~, hHeinafta designated ss ths "MORTGAGOR," and FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • torpaation org~ni:ed and existi~g undsr ~he ~aws of the United Statq of America a~d having ib printipal plsts of busineu i~ ths City of Wrt Piace, St. luc're Coun~y, Flwida. F?ereinafur desiynated as tM "MORTGAGEE." WHEREAS 1M MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of = 20~0~•~0 , good and lawful money of tix Un~ted States advanced by tF~e M~~2TGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date herewith, oF wh~ch the following in ; words and figures is a trua copy, fo-wir: ; j 2U.000.00 ~ 10018708 ~ Fort Pieres. Flor~da. _ Au9ust 12 Fo? value received. 1, we or either of us, promiu to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF 4 r~ _ FORT p1ERCE at Fwt Pierte, Fbrida, the sum of S 2O ~ with interest from date at the rate of 7•~qo per annum, in ~nonthly ins/afl- ll ments as follows: = 1~•~ on the 2 S t day of Jan~ ry , 19 ?3 _ and a like sum on the correspond~ng day of each month the~e- ~ after ~Mit the whole be fully paid. ! Each instaNment first shall be applied in payment of the interesl and then on the unpaid balance ot the princ'pal sum. If d ault is made in the _ payment of any installment whcn due, and such deiault continues 30 days, fhen at the oplion of the hotder, and without any other notice, afl the remaining ~nstallments shall be due and payabte at once. Privilege is given to prepay lhis oote in wFwle w in part af any t~me without penalty. Neither forebearance, ~ nor acceptarxe by the holder the~eof afrer any deiault in any payments hereon, shall be deemed e:tension. A late payment charge of S~, ahall be ~ added to each installment remainirg unpa~d 7 days after its due dale, and a like sum shall be added to each such ins~allment remaining unpa~d 7 days after ~ ~ each succeedi~ payment date. ; Eath make?, surety and endorser hereof, jo~ntly and sevcraliy, waives demand, prescntment protest and notice of protesl for nonpaymenf, a~d further ~ agrees to any extension of timg of payment, either before a aiter maturity, without notice to a~y of us; and to pay all costs of collection, including a , reasonable attwney's fae in the cvent of any defau~t hereunder, and fie~eby seve~alty waives aH benefit of homestead ar+d exemption under the constitution and laws of eacb Stare of the United States, as against this obligation w any extens~on or renewal hereof. ~ Witness the hand and seal of each party. - S/Ralph L. ~Sanford csFaU ~ (SfAI) S/Ruth A. Sanford ~Au ~ $ 30 .00 ) Ststs Revenve ~~u ~ NOW, THEREFORE, the MORTGAGOR for the purpose of aecvring payme~t of said sum of S 2O , and the perfo?mance of the covenants and agreemenr~ hereinafter e~pressed, srd fw divcrs good and valuable co~siderations, by these preaems, does g?ant, bargain, aell, remiae, release, tonvey and tonfirm unto the MORTGAGEE, ifs suctessors and auigns, all that ceruin lot, piece or parcel of land, situate, lying, and being in the County of SL . LLtCl@ ~ snd State of Flwids, dexribed ss follows: SDCTION TWENTY SBVEN~ Lot 36, Block 100, PORT ST. LLICIE, /as per plat thereof on f ile in Plat Book 14, Page recorded in the public records of St.~Lucie County, Florida. i > A S'i'A E oF F~O R I Q A~ a= OOCt1MENTARY STAMP TAX ; ~ e ~ft. a: R~r~x~F s ~ „ ~o ~ ~ n 1 -~/_i ~ ~ ~ ~ ~'~Z .~i. ~ W ~ O , w.w ~w ~ t.. Y n~.l' Jr !/ttF.J 4 ~ IH02 CI.ASS'l.' I{illti~..lcLE rEfi..:)n%L ?(?Iif£R.'Y~ t ; ~ ~~0 iNA.°fER 71-13~3, nCTS CF 197L ro ~ ~ ; ~~~sL~~~ ~ ~ ~ i fogether with all and tingular the tenements, hereditsments and ~ppurtances thereunto belongi~g o? in anywise appertaining thereto, and all teMt, iu~es, s proceeds and profits accrui~g snd to accrue from ssid premiset, sll of wFiKh ue included i~ the above and foregoing dewiption and h~bendum. € TO HAVE AND TO HOID the above dcw~bed and yremed premises uMO the said MORTGAGEE, its successon and assigns fwever. And tAe uid ~ MORTGAGOR fw their ~;~s, executws, adminiatrators and aasig~s, hereby covenanrs with the said MORTGAGEE, its successors ~nd ~uiy% ~ the are ; ihat Iswfully sei:ed of the said premisei in fee simple; that the same srr free, ckar snd diuharged from sII lie~s ~nd ~nc~m- ~ i brances in Isw or in equity, snd th~t they W~~~ their beirs shsll wsrrant and defend the title to the ums to the wid MORTGAGEE, ib suctessws and auigns, forever sgainst the lawful claims and demands of all persons; i PROVIDED, ALWAYS that if ths MORTGAGOR shall pay unto the MORiGAGEE the promissory note htreinbefore dexribed and thatt truly, ptomptly ~ and fully perform, dixharge, execute, complete, comply with and abide by euh a~d every the stipulations, sgreements, conditiw» and coven~nb of ssid ' promissory note and of this Mortgage, tfie~ thii Mortgsge and the Estate hcreby veated shall cease and be null snd wid. i IT IS UNDERSTOOD th~t the wwd "Mortysgw" wi+ether in tF~e singular w plw+l anywhere i~ this Mortgage, shall be singular if one only ~nd ~ shall be plural jointly and severally if more than one, and that the word "their" as used ~nywhere in this Nbrrgsge shsll be takcn to mean "his;' "hen;' or "its;' whe~ever 1he context w implies a admits. Also, .~at wF~erever there is a reference in the covensnts and sgreements herein contained to any of I the parties hereto, the sune shall be constn,ed to mea~ ss well at the heirs, kgsl r~preuntatives, successors snd assigns (either voluntary by ~ct of the ` parties or involuntary by ogfr~tion of the law) of ehe same and fhaf the covenants herein tontained shall bind and tFx benefiti +nd sdvsntsges inure ~ ro fhe respedive hein, lepst repreuntatives, succeswrs and au'gns of the pa?ties hereto. And said Mwtgsgors, iw thefG{selves and their heirs, legal representatives, successors and auigrts, hereby jointly and sevenlly covenant snd agree ro and with the said•MORTGAGEE, its_succetsors and asiigns: ~ ` t. To pay +It aod singuler the principal and interest and the variovs snd sundry wms of money payable by virtue of ssid promisswy note, snd thi~ mwtgage, each snd every, promptly on the days respectivety tF~e same severally become due. ~ 2. To psy all and singular the taxes, auessment~, levies, liabilit~es, obligations and encumbrances of every nsture end kir?d now o~ said dex?ibed ' property, w thst hereafter msy be imposed, suffered, pl~ced, levied, o? astessed thereon, w 1F~st hereafter msy be fevied a usessed upon tha Mort~- ; age, a the indebtedness secured hereby, each ~nd every, when due and payable, sccading to Iaw, befwe they become delinquent, u+d befwe ~~y intereit ' ~ attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMPiLY SATISf1ED AND DlSCHARGEO OF RECORD AMD TF1E ORIGlNAI OFFlCIAL DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED ~ OR CERTIFIED) SHAII 8E PLACED IN THE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFiER PAYMENT; and in the event that any thereof is not F paid, ssYSfied and distharged sa:d MORTGAGEE msy at any time pay the same a any pa~t the~eof withoul waiving or affecting any option, lien, equiry w •~pht under a by virtue of this mortqsge and the full amount of each and every such payment sh~ll be immediately due and psyable and shall be~r interest ~ ~.om ~he date the.eof until pafd at rate of nine per centum per annvm and to9eth« y~~thavjji~terest shatt be secured by rhe tien of th:s mugtage. ~ ~ r2~ aG~'!; ~(l `'A~;t e) ~ , ; , _ - - = - - ~.s~- ~ . .