The URL can be used to link to this page

Home My WebLink About0623 23~694 : THIS INOENTURE. Made the 1St dsy of Septe~nber A.D. 1972 ~ between Georqe W. Chambers and Willa Kay Chambers, hi~ wif e. of $t. Lucie Co~nty Flaida, hereinafta desgnated ss the "MORTGAGOR;' and fIRST FED~RAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, s corpwatio~ ay~nized and exiiting unda the Iaws of tM Un7ted Sut~i of Americ~ and havi~g its {xincipal place of businsts in the City of Fwt ~iKCe, St. l~cie County, florida, farsinaite~ designated as ths "A10RTGAGEE." WHEREAS tM MORTGAGOR u jv~tly indebted to ti~s MORTGAGEE in the sum of s 12 ~ good and Iswtul morey of the United State~ advanced by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a cerlain promiuwy note of even date herewiib, of which tha fo(towing in words and figu~es is a t~ue copy, tawit: s12,000.00 ~_11000009 ~ fwt Plerce, Fi«~d~, Set~tember 1. 14_~ r For value received, 1, we or e~ther of us, prom~u to pay, without defalcation, to the o~der of FIRST FEDEQAL SAVINGS AND IOAN ASSOCIATION Of `s ~ fORT PIERCE at Fwt Pierce, Florida, the sum of s 12,~~0. ~0 w;th interest from da~e at the rate of 7• S ye per annum, in monthly install- ~ ~nents as follows: S 127 on the day of Novemb~, ~9_Z~. aod a like sum on the carespondirg day of each month Ihcre- ~ dff@~ until the whole be fully paid. . Each installment first shaU be applied in paymeN of the ioterest and then on the unpaid balance of the princ7pal sum. If d ault is made in tha ray~nent of any installment when dve, and such default continues 30 days, then at the optio~ of the holder, and without any other notice, all the remaining ~ns~allments shall be due and payabfe at once. Privilege is given ro prepay this note in whole w in part at any time without penalty. Neitlxr forebearance, , nor acceptance by tFx holder fhereof after any default in any payments hcreon, shall be deemed extension. A late payment charge of = 6.35_, shall be added to each installment remaining unpaid 7 days after its due date, and s like sum shall be added to each such installmeM remaining unpaid 7 dsys after J each svcceeding payment date. ~ Each maker, s~rety and endorser hereof, jointty a~ severatly, waives demand, presentment prorest and nofice of protesl for nonpayment, a~d further ~ agrees to any extension of time of payment, either before or after maturity, without notice 1o any of us; and to pay all costs of collection, includ~ny a J reasonable attwney's fee in the eveN of any default hereunder, and hereby severolly waives all lxnefit of nomestead and exemptio~ under the constitufion a~~d laws of each State of the Uni?ed States, as aga;nst this obligareon a any ex~ension w cenewal hereof. • Wirness the hand and seal of each party. • S/ Georqe W. Chambers , ~Aq ts~r?u S/ Willa Kav Chambers ~aU ( S28• ~0 ) State Revenue (u+r*P? saaceYed~ aiginrLoo~te) NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment of said sum of = j2 ~ ~O , snd fhe performsnce o~ ths covenants and agreements hereinatter expressed, and for divers good artd valuable considerations, by these presents, does grant, 6ar~ain, sell, remise, release, coovey and confirm unto the MORTGRGEE, its auccesw~s and auigns, all that «rtain lot, piece or parul of land, tituate, lying, and beirg in the County of St. Lucie ~nd State of Florida, deuribed as follo~ys: ~ ~ Lot 3, Block 45, RIVSR PARK, UNIT NU. 5, as per plat thereof on file in Plat Book 11, page 31, Public Records of St. Lucie County, Florida, OOCUMENTaRr FLO R I D A ~ o: ~ $~AMQ IA UfPI. ils !!fl~f[!4!E ~ Q.... = i 8. B t~ i -°-L d„ _ _ a `~~I~Z ~~w~ ! ~ ~ 4 '~+r~' c~,~ ~.,,,~L''~~ '°~ar . . . . . ~r a ~~4 Q°unC ~ ~ ~ ~ , togefher w~th all and singulsr the tenements, herediraments arid appurtances therevmo belonging or in anywise ~ppertsininp therefo, snd ~II rtnts, isaues, proceeds and profin ucruing and to accnx from said premises, all of which sre irxluded in fhe above snd foreyoirg dexription ~nd FMbendum. TO HAVE AND TO HOID ~he above described and 9ranted premises unto the s~id MORTGAGEE, its sucuuwt snd assiyru fwever. Md ti» said MORTGAGOR fw their ezecvtws, administrators and assigns, hcreby covenants with the ssid MORTGAGEE, iri successws and ~uipra, rhat ------Y--g- lawfull seized of the wid the aY Y prem;ies in fee simplr, that tF?s same sro free, ctear a~d discharyed from al! liens and ~rxvin~ brances in law w in equity, and thst theY will and their hein skatl wa~ranf ~rd defend"the fi11e fo !he sims to the ~aid MORTGAGEF, in succeuws snd sssigns, fwever sgsinst the lawful _claims ~nd demands of all pertons; PROVIDEO, AtWAYS thst if the MORIGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefor~ dewibed and sMll iruly, promptly and fully perfwm, d7xharga execute, compkte, comply with and abide by each and every the ttiput~tiwu, preemen», conditions and cwena~ri of iaid promissory nofs and of this Mwtgage, ti~en this Mortgage snd tF+e Est~te hereby ue~ted shall ce~se snd be nvll and void. IT IS UNDERSTOOD that the wwd "Mwtgsyor" wFxther in the sing~lsr or plwal anywhert in this Mwtgsge, shall be sinpvl+r if ont only and ahall be plural jointly and sever~lly if more tFun one, and thst the wad "their" as ~sed snywhere in this Mortqage shalt be taken to mean "his;' "hen;' ' or ";ts," wherever 1he context so implies or admits._ Also, rhat wherever tbere is ~ reference in the covenants +nd ~greemenri herein conqined to any of the panies hereto, the ssme shall be consrrued to mean ss well as fhe hein, leyal representativa, successon and aii~gns (eithe~ wluntary by ~ct of the parties or involu~ury by operation of the law) of the same snd that ~he covens~ts herein conta+ned shall bi~d and the benefits ind idvintiyss inure to the ~espective be'us, leg~l represeMatives, successws and au~gns of the parties bereto. And said Mortgsgors, fw themselves ~nd their hein. legs) rep~euntstives, succeuors ~nd ~ssigra, hereby joimly and sever~lly covenant •nd ayr~e ro end with the ssid MORTGAGEE, its successors and ~ssigns: 1. To pay sll and sinpular tFx prirxipal snd intaest u+d the various snd sundry sums of rraney payable by vi~tue of ssid promissory note, ~nd this mortgage, exb end every, promptly on the days respectively the same sevenlly become due. 2. To psy afl and singular ths tsxes, sssesunenri, levies, liabilit~es, obliqatioe?s ~nd encwnbrances of every n+wre ~~d ki~d now on ssid dtynibed Propeny, w that heresfte~ m~y be imposed, wffered, placed, levied, or ~sseised fhereon, w that here~fter may be tevied w~ssested upon ihia Mwt¢ ege, or the indebtedneu iecured hereby, exh ~nd every, when due ~nd pay~ble, ~ccwdiny ro law, before they become delinquent, ~nd befor~ any intereit airaches or any penalty is incurred; AND INSOFAQ A$ ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATISfIfD AND DISCHARGED Of RECORD AND THE ORIG(NAL OFfIC1AL OOCUMENT (SUCH AS, fOR IMSTAMCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIfIEO) SHAII 8E PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tix event that any thereof is ~ot paid, saYsfied and dischsrged sa:d MORTGAGEE may at any time pay the same or any psrt thereof without waiving or affecring any option, lien, equity ot ~~qht unde~ or by virtue of this mortgage and the full emount of each and every such payment shall be immediately due and p~yable and shall besr intereit - ~rom the date thereof j~ntil paid ~t rate of n~ne per centum per annum and toge~her w~th such~n~r secured~k~lien of th:s mor9ta9e. a aoa~ ~:.VU PA6F ~ ~ y ~ . - ~ _