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Home My WebLink About1563 ~ ~38383 - ~ THIS iNOENTURE. M.d. rne 15th d,y ,f September . A.o. i9 72 ~,W~ John W. Marshall and Dais V. Marshall his wife , ~ ti S t . I.u~c ie ~ ~ of County Flo~ida, hereinafler deigna~ed as the "MORiGAGOR," and FIRST FEDEQAI SAVINGS ANO (OaN ASSOCIATION OF FORT PIERCE, a corporaYwn otpsnized and ex~iting unde~ the laws oF the Unired Stal~i of Americ~ ~nd Mvinp its principal place of business in tM Ciry of Fwt Pierce. S1. lucie County, Flwida, hereinafter desipnated u 1M "MORTGAGEE:' ' WHEREAS ths MORiGAGOR is jua~ly indebted to ths MORTGAGEE in the sum of = 6~..50~•~ ~ good and lawful money of the l~n~t~d S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certa~n promiuwy note Of even date he~ewifb, of wh~ch the loll~winy in words and figwea is a Irue copy, to-wit: = 6~500.00 - ~ 10p18824 Fwt Pie?ce. Flwida. $ept@ID~eZ ZS ~y72 Fw valut received, 1, we w eitlxr of us, p~om~se to pay, withouf defalcation, to the order of FIRST FEDERAL SAVINGS ANU IOAN ASSOC~ATIOIV OF FORT PIERCE al Fort Pierce, Florida, tix sum of S 6-1~~-s~ with intereet from date at the rate oi~ • 75 per annum, in monthly instalt- ~~,rms as fol!ows: S 7O on the 1 St day of November ~q 7? and a like sum on the correspond+r~g day of each momh there- aFrer until the whole be fully paid. Each installment first shall be appt~rd in payment of the interest and then or~ the unpaid balance of the princ~pal sum. If d ault is made in the c arment of any i~stallment whe~ due, and such default tontinues 30 days, then at tne opti~n of the holder, and without any other notice, all the remaining ~~~sraltments shall be due and payable at once. Priv;lege is given to prepay this note in whole or in part af any t7me without penalty. Neither forebearance, nor acceptance by the holder thereof aiter any default in any payments hereon, ahall be deemed extension. A late payment charge of 3 3•5O shall be added lo each installment remaining unpaid 7 days after its due date, and a like sum shall be addrd to each :uch instaltment remaining unpaid 7 days afte~ each sucteedirg payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extension of time of payment, either before w after maturity, without notite to any of us; and to pay all costs of colleaion, includ~ng s reasonable attorney"s fee in the event of any de(autt hcreunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against fhis obligafion or any extensio~ or renewal hereof. Witness ~he hand and seal of each party. S/John W. Marshall (SEAL) (SEAI) S/Daisv V. Marshall cs~AU $9 .75 ( ~ Stare Revenue - pt NOW, 1HEREFORE, the MORTGAGOR fw tf~e purpose of sec~ring payment of said sum of =_6i5~ and the performance of the covenanls arrd agreements hertina(ter expressed, and for divers good and valuable considerations, by fhese presents, does grant, bargain, sell, remise, ~elea?e, convey and conf~rm unto the MORTGAGEE, its succeasors and auigns, all that certain lot, piece or p~rcel of (and, •ituate, lying, and being in the County of St . LUC ie and State of florida, dexribed as foltows: Lots 5 and CHASE'S SUBDIVISION, according to the Plat _ thereof on file in Plat Book 4, at page 78, of the public records of St. Lucie County, Florida. Y s _ STAT~ oF FLORioAi _ ~~CUMENTARY,,.~=,,. STAMP in ~ IN PAYMEt1i UF 1~~ yr, ` OEPT.OF REYEIyUE•= ~ RECE~1~p Z ~ c ~ ° pUE ON t~J1SS 'C INj~G18lf YE ~ 1. o = Pa ~ ~~rt4•~2 . , . ' / ~ 8 ~ 5 + ~~t to CHAPt~E~ ~ ~Cts o~ • p ~ IIt02 ti,`«~ + p,ERU CIRd11T fAUQT~ St. 11iC1E 00. flA ; ~ rogether with all and singvlar the tenements, hcreditaments and +ppurtsnces thereunto belonging or in +nywiu appeA~inirg thereto, and all rents, iuues, proceeds and profits accruing and to accrue from said prcmises, all of which are inclvded in the above and foregang description •nd habendum. ' i TO HAVE AND jO yOID the above described and granted premises unto the s~id MORTGAGEE, its successors and atsig~u forever. Md ti?e s~id MORTGAGOR fw thel Y---- heirs, executors, administrators snd sssigns, Mereby covenanb with the ssid MORTGAGEE, it~ successws and assiym, ~hat they are__ raWr~n k~:~d or r~ ~~d y premises in fee simplr, that the same are free, ckar ~nd discharged from all liens and erxum~ brantes in Iaw w in equity, and that they W~~~ a~ their 1x'us ihslt watnnt and defend the title to the iame to the said MORTGAGEE, its successors and auigns, fwever against the lawful claims and demands of all perwns; ' PROVIDED, AlWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiuory note hereinbefae dewibed and fhaN iruly, promptly and fully perform, diuhsrge, eaecute, comptete, comply witA and abide by eacb and every the stipulations, sgreements, cw~ditions and covenants of said prom~uory note and of this Mortgage, then this Mwtgage and the Estste hereby ueated shall ce+se s~d be null and void. IT IS UNDERSTOOD th~t the word "Mortgsgor" whether in the singular or plural ~nywhere in this Mwtgage, ~hall be sinpvlsr if one only and shall be plurol jointly snd uverally if mwe than one, and that the wwd "their" as used anywhe~e in this Mo?1Qape shall be t~ken to mean "his;' "hers," or "its;' wherever the comext w impties or admits. Alw, that wherever there is ~ reference in the covensnts and agreements herei~ coMained to any of ihe parties hereto, the same shs!I be construed to mean as well ai the heirs, legal represeMatives, successon snd sssigr?s (ei~he? voluntary by act of the parties ot invotu~tary by operation of ?he !aw) of the sime sn~d that the covens~ts herein contsined shall bind and the benefits and advantsgd inute fo the respective heirs, legal representatives, successors and ass~gns of the panies hereto. And said Mwtgagors, fw themselves and their heirs, legal repreuntatives, successors ~~d assigns, hereby jointly and severalfy covensnt and agree ro and with tFe wid MORTGAGEE, its successors and assignse 1. To psy alt arvJ singular thc principal and interest and tFx vario~s and sundry sums of money payable by virtue of said promissory note, and this mwtg~ge, each ~nd every, promptly on the dsys respectively the iame severally become due. 2. To psy all and si~gvlar the tazes, sssessments, Ievies, lisbilities, obligatiau and encumbrancei of every nature and kind now on tsid described ~ property, w, thst hereafter may be imposed, suffered, placed, levied, o? asscssed thereon, p tMt hereafter msy be lev'~ed w asscssed upon ihis Morty- ; age, or the indebtedness secured hereby, esch and every, when due and p~yable, aawdi~g to law, before they become delinquent, and before any iMereit ~ aftaches w any penaNy is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPiLY SATISFIEp AND DISCHARGED OF RECORD AND 7HE ORIG1f3Al OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ pa~d, sat"sfied and discharged sa:d AIIORTGAGEE may at any time pay the same or any part the?eof without waiving w aifecNng any optian, lien, equity p i .iqht under or by virtue of this mortgage and the ful) amou~t of esch and every fuch payment shall be immediately dve and psyable and shall bear interest s.om the date thereof until paid at rate of nine per ce~tum per a~num and together wrth such interest (hal~be secured by the lien of rh's morgtaqe. a ~ BUCK ~US °AC~ ~~5~ - ~ _ - - - - ; _ : S.:iY t. ~.•'r $f~`~ . _ . _'s~.r-'1^~so~~'G~e`~.t,~_.