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Home My WebLink About1124 k 38 ~98 ~ THIS INDENTURE. Mad~ the 28th dsy of Au$11St' A.D. 19 72 between _ Thamas C. Locke and Itvnn Lxke , his Wife of St• LL1C~8 Co~nry Florida, harei~after de~ignated as the "A10RTGAGOR;' and•"FIRST fEDER~I SAVINGS AND IOAN ASSp~IATION Of FORT PIERCE, • corporation wpanizcd and exis~in9 ~nder tha laws of the Un~ted SratQS of Ameriu ~~d Mvin~ ita principal piace of buiineai In tM Ciy o~ FoA Pitrc~, St. ~vcie Govery, Florida, he?einaffer des;pnated as tM "MOR1-TG1A_GEE: ' WIIEREAS the MOR~GAGOR a justly indebted to tha MORTGAGEE in the sum of S 24 , good and lawful money of the Un~ted Sfate~ adranced by the MORTGAGEE unto the MORTGAGOR, as evide~xed by a certain promissory note o( even date herew?tFr, of which tha folfowing in words and fguros is a true copy, ~ar,,;,: ~ 0018739 s 2l~,1~00.00 ~ Forf Pierce, Florida, Au$l1St' 28 19`!~. Fo~ value ~eceived, 1, we w either of ~s, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAt SAVINGS AlJD LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, fbrida, 1ht sum of : 2~1,~~1~•~ with interest irom date at the rate of per annum, in monthly install- ~nents as foilows: _ ~ a~ pn the ~t dey of ~CAm~Br 19~ and a like sum on the cwresponding day of each monlh tt~ere- rfter until the whole be fully paid. Each installmenf firsr shaN be applied in payment of the interest snd then on the unpaid balance of the p~inupal sum. If d ault is made in the ~armem of any installment when due, and such default coNinues 30 days, then at the option of the holder, and wi~hout any other notice, ail tFK remaining ~~~srallments shall be due and p~yable at once. Privilege is given to p~epay fhis note in whole or in part at any t;me without penalty. Neithe+ forebearance, no~ acceptance by the twlder 1F~ereof after any defautt in any payments hereon, shall be deemed extension. A ~ate payment charge of S •0 , shsll be added to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added eo each such instaflment remaining unpaid 7 days after eath svtceedirg payment date. . Each maker, su~ery and endorser Fiereof, jointty and severalty, waivcs demand, presentment protest and nofece of protest for nonpayment, and funher agrees to any extension of time of payme~t, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reaionable atforney's fce in the event of any de(ault hereunder, and hereby severally waives all benefit of homesread and exemption under the to~stitutFon a~d laws of each State of the United Stares, as against this obl~gatio~ w any extension or renev~al hereof. W;tness the Fwnd and seal of esch party. S~ 1'~1Of11SS ~'i. I.OCIC@ (SEAI) (SEAL) SI IaVllt'1 I.OC~CB (SEAI) t'J6•6~ t State Revenue «U ~~f NOW, THEREFORE, the MORTGAGOR fw the piirpose of sccuring psyment of sa~d sum of S 2~+~~•~ and tl~e pcrfo?mance of the covenanls and agreements hereinafter expressed, and fw divers good and valvable tons;derations, by these presents, dces grant, bargai~, sell, remise, release, convey and confirm unto the MORTGACEE, iri successors and auigns, all that certsin lot, piece or parcel of land, situate. lying, and being in the County of St. Lueie snd State of Fbrida, described as followse ; s Lot 21, Block 5, LAKEWOOD PA12K, UNIT NO. 1, as per plat thereof on file ~ in Plat Book 10, Pages5l, 51A, 51B, and 51C, of the Public Records of St. Lucie County, Florida, _ ; ; N~ S ATE ~F F 5~ MP~r~ ~ ~~G ~ o= ~ DOC_____~UM`ENTARY ~ o DFPI.OF RErENUE s' , • • ~ ~ ~ ~tl~~~r~ ~ 4 = Sir t572 ~ ~ 3 6. ~ ~ ~ ~ Sp ~ ~p~Mt ~ µ ~ Q - ii~oz ~ ~ ;Q.1~ together with sll and si~gular the tenemen?s, hereditamenh and appurtances tliereunto belonging w in anywise appertsini~g thereto, aod ~II rMts, iuues, prxeed~ and p?ofits acv~ing and to sccrue from s~id premises, sll of which are i~cluded in tF~e above and fwegang descriptiw~ and habe~dum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successws and asi~gns fwever. And tht s~id ~heir i N.ORTGAGOR for hein, executors, administrators and assigns, F~creby covenants with the said MORTGAGEE, it~ suctessors and ~uiqro, ,nat - thev aTB ~awfully seized of the said premises in fee simpte; that tF?e same are free, ctear ~nd discharged from •11 liens snd sncwrr bra~cei i~ I+w a in equity, snd that t~x wi(1 and the i r heirs shall warrant and defend the titFe fo the same fo the said MORTGAGEE, its sutcessort and assigns, fwever against the lawful claims and demsnds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE ths promissory note hereinbefore desv;bed ~nd shall truly, promptly and fully perfo.m, diuharge, execute, compkte, comply with snd abide by each and every the stiputaricxis, sgreements, conditions ~nd covenann of iaid promissory note and of thh Mortgage, then this Mortgige and the Estate hereby aested shall tease and be null and void. IT IS UNDERSTOOD that the word "Matgsgot" whether in the •ingular or plural anywFKxe in this Mwtgage, shall be sinyulu if one only and shall be plural jointly and severally if rtwre thsn one, and that the wwd "their" ss used anywhere in this Mortflage shall be taken to mean "his;' "hen," or "its;' whereve~ the tonfeat w implies a admits. Also, thst wherever lhere is a reference in the covenants a~d agrecments herein tontained to ~ny of fhe pahies hereto, tMe ssme thall be constrved to mesn ss well as the heirs, legal rep?esent~tivq, successort ar+d sugns (cither volunl~ry by act of the parties or involumsry by operation of 1Fx Isw) of the same ~nd that 1he covena~ts herein contained shal! bind and the benetits and advantaQes inure ro the respective heirs, leg~l rcpresematives, succeuors and ~ss~gns of the panies hereta ` ; ~ And said Mortgagc~s, for themselves snd their heirs, legal repreuntatives, successws and assigns, hereby jointly and sever~lly covenant and ~gree ro and with the said MORTGAGEE, its successors and asigns: 1. To p+y ~II a~d singular the prirKipa( and interest snd the various and s~ndry sums of money pzyible by virtue of said p~~rniswry note, and tF~is ~ mortg~pe, esch and every, promptly on the days respedively the same severally become d~e. 2. To pay •II and ~ingular the taxes, sssessments, levies, li~bilities, obligstions and encumb~antet of every nsture and kind ~ow on said desvibed prc>perty, p that hereafte~ may be imposed, suffered, plxed, levied, o? assessed thereon, or thst hereafter may be levied or assessed upon this JNortQ- age, or the Fndebtedneu secured hereby, each and every, when due and psyable, ucording to Isw, before they become drlinqueM, and befwe ~ny inte~est arraches o~ any pe~alty is incurred; ANO INSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTtY SATISf1ED AND dISCHARCaE~ Of RECORD ANO THE ORiGINAt OFFICIAL DOCUMEfVT (St/CH AS, FQR INSiANCf, THE IAX RECfIPT OR THE SATISFACTION PAPER OFFICIAItY ENOORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny thereof is not paid, saYsfied and dixhargcd sa:d MORTGAGEE may at any t~me pay the same w any pan thereof without waiving or aifecting any option, lien, eqvity or •~~ht under o? by virtue ol this mortgage and the full amount of each and every such payment shall be immediately dve and payable and shall bear interest ~~om ~he d~fe lhe/eof until paid a1 rate of n~ne per centum per annum and together w~th auch i~e~~r ~T~1~~ secured~~t~~ pf th:s mwgtaye. ~'.'tJ~ ~l! r~rt _ ~ ~.=:~_<w~.-,rs~:_ .r _ ' y ° ~ ~==.s.. ~