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Home My WebLink About1420 238303 . . 4 THIS INDENiURE. M.d. ine i l th d,y ot Sept~~tber , a.n. ~v ~rwe~ John L. Mansfield and Mabel L. Manfield, his wife • . ~ - - , of $t• ~.11C1Q Covnty Flo~;da, hereinaite~ deiignsted ss the "MORTGAGOR;' and FIRST FEOERAL SAVINGS AND LOAN ASSpCIAT10N OF FORT PIERCE, a corpaation organi:ed and exii~ing voda ~hs laws of tl» United Sut~s of America ~nd Mvinp its principal pl~ce of l~usineis in ~M City oi Fw1 Pierce, St. lucie Cou~ty, ftorida, he~einafter desi~~ated ai tM "MORIGAGEE." WHERfIlS ths MORTGAGOR is justly indebted to tlw MORTGAGEE in the sum of = 8~ 0~ , good ~nd lawful money of the Un~ted Siates advanceJ by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a ceiuio promisswy nole of even date herewith, of which the following in words snd figures is a true copy, to-wit: = 8,000.00 Np lnl)1881n P;~~n. F~;~~. September lls 19 72 Fo~ value ieceived, 1, we or either of us, promise to p~y, without defalcatio~, to the orc'er of FIRST FEDERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, the sum of S 8~0~-~ with interest from date at Ihe rate of 7s.7~96 pt~ snnum, in momhly instalb ments as follows: S 66•~ on the 15t dsy of November ~9 72 and a like sum on the correspo~dir?p dey of each month there- after until the whole be ful~y paid. Each installment first shatl be applied in paymenf of the interest and then on the unpaid balnnce of the principa) sum. If d ault is made in 1F~e F>aymero of a~y installment when due, a~d svch default continues 30 days, then at the option of the holder, and without any other notice, all the remaining E ~~~sta:lments shall be due and payabte at once. Privilege is given to prepay this rate in whote or in parf at any time withovt penalty. tJeitlx? facbearance, - nor acceptante by tFro holder thereof after any defauit in any payments hereon, shall be deemed extensio~. A late payment tharge of s 3~ 3O shall be ; added to eech in:taliment rcmaining ~npa~d 7 days afte~ its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding paymeM date. Each maker, su~ety ancl endo~ser hereof, jointly and sevcrally, waivei demand, presentment protest and notice of prorest fo~ nonpayment, snd further aqrees to any extension of time of payment, either be(ore w after maturity, without notice to any of us; and to pay all tosts of collection, induding a reasonable attorney's fee in ehe event of any defavlt hereunde~, and hereby severa~ly waives all benefit of homestead and exemption under fhe constifution and laws of each State of the United States, as agbinst this obl;gafion a any extens~on or rcnewal hereof. Witness the hapd and xa! of each party. S/John L. Mansfield ~Ai~ (SEAI) _ ~lMabel L. Ma~nsfield ~,u ( S 1' 2•~ • State RlVMU! (~t) " i 2 NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of s. 8~~~ and the pcrformence of the t covenants and agreements hereinafter ex{xessed, and tor divers good sr+d valuible to~side~ations, by fhese p?esenls, does gr~nt, baryain, se~l, remise, i release, convey and confirm unto the MORTGAGEE, ih succeuon and auigns, all that cert~in bt, piece or pucel of land, situate, lying, and being in ths ~ tounty of St . L+UCiE and State of Florida, desuibed as followi: S i Lot 10, of GARDENVILLA SUBDIVISION, as per plat thereof on file in Plat Book 4~, at page 61, of the - s public records of St. Lucie County, Florida. . R~fl A 1 ~ af ~ S~A~/~r 1 .s .c~„~. ~AM ~y~.~,,~~~ =1 Z. ~ ~ os o DO t' ~ fREV? ti~2 i ~ ~ RECEIYED - IN P~"+AEt~ OF 7A1~ES ~ ~ D:Y ON GASS 'C IHTMGIBLE P~ :J :L PROPElt(Y~ ; s.a~ o ='~,2 C . o ~~u+wt to cw~iEg ~i-i~. R:.-ts oF ia~~.~ eoc~x eo~rRas • ~,y{~(~ C~U&T. S1. WCIE 00, flA rogether with sll and singutar the tenements, hereditaments and appurtance~ therevnto belonging or in anywise appertaining thereto, and ~II rents, iuues, proceeds and profits acau~ng and to acvue from said premises, all of wtiKh are included in the abovs and fore9oinp description ~nd habendum. TO HAVE AND TO HO~O the above descr;bed snd gnnted premises unto the taid MORTGAGEE, its s~ccessws and assigr?s fwever. Md t s~id MORTGAGOR fw thgir executors, administretors and a~signs, hereby covenants with the said MORTGAGEE, its successors and ~u rhat -~~~~LQ-- lawfully sei:ed of the said premises i~ fee iunple: tMt the ssme are free, ck~r ~nd discMrged irom ~11 lieru ~nd sncurrr brances in law or in equity, and that t hey W;i~ a~ their he;n shall w~rr~nt end defend t~e titJe ro the ~am~ fo the said 3 MORTGAGEf, it~ successors and suigns, forever against the lawful clsims and demands of all persons; PROVIDED, AtWAYS thst if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory note herei~before dewibed and shall truly, prpnptly and fully perfwm, dixharge, eaec~te, tomplete, comp{y with and ab~de by each snd every tF?e stipulations, agreements, conditiaq •nd covenanb of qid promisiory rate and of this Morrgage, ti~en this Mwtgage and the Estate hereby ucated shall ce~se and be null a~d void. IT IS UNDFRSTOOD that the word "Nbrtgsgor" whether in the sing~lar a plvral snywhere in this Mortgspe, shall be sirgulu if one onty and shall be plural jointly and severally if more thsn one, and that tF~e wwd "their" ss used anywhere i~ this Mat9age shall be faken to mean "his," "hen," o~ "its;' wherever fhe context so implies w admits. Also, that wherever there is a reference in the covenants a~d agreeme~b herein contained to any of the panies herero, the same thall be construed to mean ss well as the heirs, kgsl rspresent~tives, svtcessors and sssigns (either voluntary by sct of the parties w involuntary by operation of tF?e lawj of the same and that the covensnts herein contained shall bind and the ber?efiri and ~dv~nta~es Inw~ to the respettive heiri, kgal representatives, successors aod ~ss~gns of the p~rYies hereto. And said Mortgsgors, fa themulves snd their heirs, legal representatives, sutcessors and assiyns, he~eby jointly and ievera!ly tovena~t and ayree ro and with the said MORTGAGEE, its successors and assigns: z 1. To pay all and singular the principal and interest and the vario~s and sundry sums of mor?ey payable by virtue of said promissory note, and this mongege, eacb snd every, promptly on the days respectively the iame severally become d~e. ' 2. To psy •II snd singular thc tsxes, assesunenn, levies, Iisbilities, obligstions and encumbrantes of every nature and kind now on tsid described = property, p that hereafter msy be imposed, suffered, placed, levied, w auessed thereo:?, a that he~eafter may be kvied w~sxssed vpon this Maty- age, or the indebtedness secured hereby, exh and every, w1~en due and paysble, sccording to law, before they become delinquent, ~nd befae ~ny int~re~t arraches a any penatty is incur~ed; AND INSOFAQ AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTtY $AT15fIED AND DISCHARGED OF RECORD AND THE ORIG(FJAL OfFtCfAt DOCUMENi (St1CH AS, FOR INSTANCE, TNE TAX RECEIPT OR 1HE SATI$FACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is ~ot paid, sst"sfied and dixhsrged sa:d MORTGAGEE may at any time pay the same or any part thereof without wsiving or affec?ing ~ny option, lien, eqvity or ~+pht under or by virrve of th7s morrg~ge and the iull amount of e+ch and eve~y such payment shall be immediately due and payabk and shall be~r interest - <<om ihe date thereof until paid at rate of nine per centum per snnum and together w~th such inter~st ~hal~ ured b~F+~ I~~f th:s morgta9e. 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