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Home My WebLink About0978 r t~ . THIS INDENTURE, IVlade the 22nd day of AuL~uS~. A.D. 19 72 between Paris Davis and Grace Sybil Gayle DavisL his wife of $t• LuCle County Florida, hereinaf~er dd~g~ated as the "MORTGAGOR," and fIRST fEDERAI SAVINGS AHp IOAN. ASSOCIATION OF fORT PIERCE, a corporation organi:ed and existing unde~ the'iawi of the Un~ted Statas of America and having itt principal place of bu~iruu in tha City of Fwt Pie~ce, St. lucie County, flo~ids, hereinaf/er desgnated as the "MORTGAGEE." WHEREAS tht MORTGAGOR is ju~tfy iodebted to the MORTGAGEF in the sum of S 12 ~~0~~0 good ar.d lawful m,oney ol the Unrted States advanced by the MORiGAGEE uNO the MORTGAGOR, as ev~dented by a tertam promiasory ~ote of even date herewith, oi wh~th the ioltowing in words and figu~es is a uue copy, towi~: s 12,000.0C~ ~ 1Q018706 Fort Pierce, Flwida, August 22~ 19 72 ti ' V' ~ y For value received, I, we w either of us, prom~se to pay, without defalcation, ta ~he o~der of FIRST FEDERAt SAVItVGS ANO IOAN ASSOCIATION af ~ FGRT PIERCE at Fort pierce, F!orida, Ihe sum of S 1210~•~0 _ wnh interest from date at the rate of _7!?s per annum, in ~rcnthly ins~a~l- ' ~~,ents as fo!!ows: S-- 9 S• OO `~~he 1 St day of anua' Iy , 19 73 and a like sum on the correspond~ng day of each monlh there- ai~er ~nrit ~he whote be fully paid. Each insrallment first shall be applied in payment oE the interest and rhen on the unpa;d bafance of the princ pal sum. If d auh is made in the faimeN of any insta~lment when due, and such defau:t co~~inues 30 days, lhen at the option oi the holder, and without any other nmice, ail the remaining - ~~,srallments shall be due and payabte at once. Privilege is given to prepay this note in whole or in pa~t at any t~me without penalty. Neither forebearance, ` nor acceptance by the holder thereof after any defau(t in any payments hereon, shafl be dee~ned e,crens~on. A tate payment charge oi S- ~~75 , shall be cd~ed to eacb insta~lment remaining unpa~d 7 days aiter its dve date, and s I~Ae sum shatl be addrd to each such insrallment remaining vnpaid 7 days a(ter ~ each wtcecding payment date. ~ Each maker, su~ety and endorser he~eof, jo+ntly and severalfy, waives demand, presentment protest and notice of protest for nonpayment, and further ag.ees to any eztension of f~me of payment, either before or after maturity, without not~ce ro any of us; and to pay all costs of colleaion, ir.dud:ng a r~~asonable atrorney's fee in the event of any drfau!t hereundar, and hereby severally wa~ves all 6enrfit ot homestead and ezemption under the co~stitution ; and laws of each State of the United States, as aga~nsf this obGgation or any extens~on or renewal her f. . ~ Witness the hand and seal of each party. ~ ~ ~ (SEAL) a ri Dav i s ~sEAU . (sEat) s Grac Sybil yle Davis ~S~U ~ ( 18 • ~ State Revenue ~S?d~n*f-M~1C~I{!d N? Mi9iwi) ~NN~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 12 ~ , and the performancc of the covenanta and agreements hereinafter expressed, and for dive~s good and va~uable cons+derat;ons, by these presents, doea grant, bargain, sell, remise, -e~ease, convey and confirm unto the MORTGAGEE, its successors and assigns, atl that certa~n lot, piece or parcel of land, situate, lying, and being in the County of $t . Luc i e and State of Fbrida, destribed as follows: Lot 3i, Block 28, RIVER PARK, Unit #3, as per plat thereof on file in Plat Book 10, page 80, of the Public Records oE St. Lucie County, Florida, rr~~ R~~ P ~ OF ~,'SOp?Mp t ~ , ~~"'rC/~?M Nj~ R'~~i . r~., Q' O Q l r ~ 0~ ~ gEY ~ ~ ~ w nEPt'~~ ~ • ~ ~ o ~ % b~ .~.~G ' R1~ ~ jg o ~~~~ot o - ~t'~. ( . ,~,~~i\~~~SQIF 1yj1• ' ~11 ~ ct~. ' ~ pt1 t ~ ~E~~lQ~ ~ LyG:f w~ c,~~ ~ ~ ~ ~ ~ tcgether with afl and singular the tenements, hereditaments and appurtance~ ihe~eunfo belonging w in snywise appertaining thereto, and aU rents, iuue~, ! proceeds and prof~ts accruing and to accrue from said premises, all of which are included in the above and foregoing deuription and habendum. ! TO HAVE AN[L7 Qi lD the above described and gnnted premises unto fhe said MORTGAGEE, its successors and assigns forever. And tFw wid ~ Th ! MORTGAGO for heirs, executors, administrators and assigns, hereby covenants wi~h the s~id MORiGAGEE, its sutcessws ~nd auigro, ~hey are j ihat lawfully xized of the said premises in fee s+mple; that the s~me are fres, ctear and discharqed from all liens and sncvm- brances in law or in equity, and that they W~~~ a~ t}l@lI ~;n shal! warra~t a~d defend the titls to ti~e same to the said MOR?GAGEf, its successors and assigns, fwever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promissory note hereinbefwe described and sMll truiy, promptly and fully perform, d~scMrge, execute, complete, comply with and abide by each and every the stipulations, agreemenrs, conditions ar?d covenants of said ' promiuoryr rwte and of this Mortgagr, then this Mortgage and the Estate hereby crested shaH cesse and be null and void. !i IS UNDERSTOOD that ihe wwd "Mortgagor" whether in the singular a plural snywFxre in thii Morigage, shall be si~?gvlar if one only ~nd ' shall be plural joimly and severally if more than one, and ~hat the wwd "their° as used anywhe~e in this Mwtgage iF~all be takm to mean "his;' "hers," or "its," wherever the contex? w impties or admits. Also, fhat whe~ever there is a reference in the covenants and agreements herein contsined to ~ny of ~he parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by stl ot the ' parties os involuntary by operatio~ of the law) of the same and that the covenants herein contained shall bind and the benef;fs and advantagef inure ro the ~espectire heirs, legal represcntatives, tuccessors and ass~gns of the parties hereto. And said Mortgagors, fo~ themselves snd their he~rs, legal representatives, successws and assigns, hereby jointly and severally covenant snd agree io and with the said MORTGAGEE, it: successas and auigns: 1. To pay ell and singvlar the principal snd intertst and the various and sundry sums of money payable by vinue of said promissory note, and this mortgage, esch and every, promptly on the days respectively the same severally become due. i 2. To pay all and •ingvlar the taxes, assessments, levies, liabilities, obligstions and encumbrar?ces of every nature and kind now o~ said dewibed ~ property, or that hereafter msy be impoud, suffred, placed, levied, or auessed thereo~, or that hereaiter may be levied or assessed uport this Morf¢ i age, w the indebtedness secured irc?eby, each and eve?y, when due and psyable, according to I~w, befwe they become detinquent, and before •ny interest ; artaches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTtY SATISFIED AND ~ISCHARGED Of RECORD ANO THE ORIGlIvAI OFfICfAt OOCUMENT (SUGH A5, FOR IfVSTANCE, THE 7AX RECEIPT OR THE SATI$fACT10N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SNAII BE PLACED IN TNE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, saYsfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof wiihout waiving or aFfecring any option, lien, equity or •~qht vnder w by vir~ue of this mortgage and the full amovm of each and every wch payment shall be imr-~ediately due and payable and shalf bear interest <<om the date the~eof until paid at rate of nine per centvm per annum and ?ogether w~th such inrerest shall be secured b the lien of th:s morgtage. 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