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Home My WebLink About0717 IV~1~~ ~ t' . THIS INDENTURE, Mada the 8th day of SecztembeY ~ A.D. 19_~., between _ Robert H. Morris and Ruth A. Morriss his d~fe of $t - I- u~ ip ~ Cp~nty Fiorid~, hereinafte~ deiignated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIA110N OF FORT PIERCE, • corporation agsnized snd ex~sting undx ~F+e laws of ~he Unlted Staras of America and havirg it~ principai placs of bvi+nes~ in ths Cety of Fort Pierce, St. Luc7e Counry, Florid~. hercinafter desip~ated as the "MORTGAGEE:' . WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of s 9 i~~~•~ , good snd lawful money oi the Un;tcd S~atei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisswy note of eve~ date herewith, of wh~ch the fo!lowing in words and figures is a true copy, to-wit: s ~-~-oo lOO1R~8 Fort Pierce, Flwida, Se~tember 8 ~q~,~, fw value ?eceived, 1, we ar either of us, prom~se to pay, wiihout defatcafion, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIAT~ON OF FORT PIERCE at Fort pierce, Flo~ida, the sum of s_~.~Q~-~ with interest from date at tho rate of per annum, in matthly insfsll- ments as ~oltows: S 1~9 on the day of ~(OVember , 19_.Z~ and a like sum on the correspaxling day of each month there- after until the whote be fully paid. fach installment first shall be applied in paymenl of the interesl and the~ on the u~paid balance of the p?incipal sum. If d ault is made in the ~:ayment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remai~ing ~nstalt~nenrs shail be dua and payable ar once_ Privilege i~ g;ven to prepay this note in whole o~ i~ part at any time without penalty. Neither fwebearance, nor acceptance by the holder theieof afrer any default in any payments hereon, shall be deemed extension. A late payment chsrge of ; 5.45 shall be added to each installment remaining unpaid 7 days after its due date, and a tike sum shall be added to each such installment remaining unpaid 7 dayt after each svcceeding payment date. Each maker, surety and endo~ser hereof, jointly and severaUy, waives demand, p~esentment prutest and nolice of protest fw rtonpaymeM, and furthe~ agrees to any extens"an of time of payment, either before w after maturity, without notice to an~ of us; and to pay all costs of collection, including a reasonable atrorney's fee in ~he event of any defautt hereu~der, and hereby severaity waives all benefit of homestead and exempfion under the conitituYron and taws of each State of the United States, as against this obligation or a~y extension w renewal hereof. J W~tness ~FK hand and xal of each party. s/ Robert H. Morris ~~i~ lsEau s/ Ruth A. M~rris ~At) (SE/?U ~ ~13.50 i State Reven~re (Sr~ oaradheek tie a~ip~ndset~) NOW, THEREFORE, the MORTGAGOR fa the purpou of securing payment of said sum of = 9~ OOO. 0~ and the performaoce of ths covmartts and agreements f+e~einafter eapressed, and iw divers good and valuable coraiderations, by these presents, does granL bargain, sell, remiu, releax, convey and confirm unto the MORTGAGEE, its iuccessors and auigns, alI that cer~ain lot, piece or parcel of I~nd, sifuate, lying, and being in the County of $t. Lueie ~ snd State of Florida, dewibed as followi: From the East boundary of U. S. Highway No. 1 at the intersection of the south boundary of Balsa Road on Plat of L. tJ. Halbe Land as in plat Book 9 at page 18 of the public records of St. Lucie County, Florida, run Southeaster2y along said boundary 50 feet for point of beginning, thence continue southeasterly alonc~ said boundary 60 feet, thence run east para21e1 with Balsa Road 300 feet, thence northwesterly parallel with U. S. Highway No. 1 for 60 feet, thence run west parallel with Balsa Road 300 feet to point of beginning. ~ ~F ~LD~~D~, ~ OOrCU~ tARY YAM~ t A X; ~ ~ 9EPi. OF RF~~ ~ ~ O. ` ~c ° ~ ~ SEP 11'T! " , d u ~ ~ . ~ "o~' p + tR ° J~ ~ ~ ~ h' i . 10d~~"~- ~~to a~'a~ .~~5~ ~ a? a~ p'w~ rogether with all and singular the tenements, hereditameMS and ~pp~rt~nces thereuMO belaging p in anywise appeAaining fhereto, and all rents, issues, proceeds snd profits sccruirg and to stcrue from said premises, all of whicfi are included in the ~bove and foregang descriptwn and hsbendum. TO HAVE ANQ TO HOID the above desuibed and grsnted premises unto the said MORTGAGEE, its successors and auigns forever. Md ths said MORTGAGOR fw --~h~1---- heirs, executws, administntors and assigns, Fxreby covenanb with the said MORTGAGEE, iti sutceuws ind usipro, rhat --t~v aIe - Iawfu(ly seized of the said piem~ses in fee simple; that ths rame are ~fiee, dcar and disclurged from sll liens u~d encvm- brarxes in taw w in equity, and that th~ wilf and their heirs shall w~rrant and defend the title to the iame to tF?~ ~id MORiGAGEE, its s~ccessors and auigns, fwever againsf the lawtul claims and demands of all pcrsons; PROVIDED, AlWAYS that if the MORTGAGOR shall pey unto the MORTGAGEE the p~omiuay note hereinbefore dewibed and ahall truly, promptty and fully perform, d~xMrge, execute, compkte, comply with and abide by each and every the stipulatiau, agreemenri, conditions and covenants of ssid promissory note ~nd of thi~ Mwtgage, then this Mortg~ge and tfie Estate hereby aeated shall cease snd be nuU ~nd void. IT IS UNDERSTOOD that the wwd "Mortgsga" whether in the singular or plura) anywhere in this Mortgape, shall be sinpular if one only and shall be plural joiwtly and severally if more than ax, snd that the word "their" ss used snywhere in fhis Mort~age sMll be taken to mean "his," "hen;' or "its," wherever the conteat w implies a admits. Also, that whereve~ there is s refaence in tMa covenanri and sgreemenh herein oontained to any of fhe panies hereto, the same shall be construed to mean as well as the heirs, legal representstives, successors and auigns (eitF?er volu~tary by att o}.tM parliea or involuntary by operation of the law) of tFre same and that fhe covenants herein contained shsll bind and the Fxnefiq s~d advantsges inw~ to tF?e respective heirs, legsl reprexntatives, successws snd au~gns of the parties hereto. And said Mortgagors, fw tFxmselves and their hein, kgal repreuntatives, sutcessors and suigns, hereby jointly and xverslly covenaM and ayree to and with the said MORiGAGEE, its successors and augns: 1. To psy all and singufar fhe pr~ncipal ahd i~rerest and the various and sundry sums of money p~yable by virtue of said promiuory note, and thia mwtgage, each and every, promptly on the dsys respecrively the same severally becwn~ due. 2. To pay all snd sing~lar the uxes, asussments, levies, liabili~ies, oblgatio~u and encumbrancea of every natwe and kind now on s~id described property, ot thst hereafter may be imposed, suffered. Pfaced, levied. or auessed thereon, a tF~st hereafter may be levied p essesed upon this Mort9- age, a the indebtedneu utured hereby, each and every, when due and payable, atcwdirg to law, before they become delinqueM, and before any inhrest attaches w any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPiLY SATISFIED AND DISCHARGED OF Rf~ORD AND THf ORIG~NAI OFf1tIAl DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFiC1ALlY ENDORSE~ ~ OR CERTIfIED) SHALL BE PLACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; ~nd in the event tMt any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may a~ any time pay the same or a~y pan thereof witiwut waiving o? afiecting sny option, lien, equity a •~qht vnder a by virtue of this mortgage and th~ full amovnt of each and every such psyment shall be immediately due and p~yable and shall be~r interest s~om the dste thereoF until paid at rate of nine per centum per annum and together with such interest shali be fitn of thM~~+~ oo~~ ~ac~ y:~ - r K . -.l ; ~ ~ ~'.ar~< ~ ~ . a~+k+c' .-..H ~ rT - _ - ~y.> ~ . ~ '+r'ii . , '~An~,.:a."~"r'.':e~a.~`~a