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Home My WebLink About1690 . ~ ~ 238~80 THIS INOENTURE, hisd~ the 21 St day of A~~T A.O. 19?? betwean Edd A. Chester and Inez Ch~eter hie vife f ~_.~~T~T of St . 1.t1C ~Q , Co~nfy Florida, htreinafta dsiignated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AtyQ ,lQl.~(~L ASSOCIATION Of FORT PIERCE, ~ corpwation orp~ni:ed and existing u~der ~M lawn oi ths Unired Sratos of America and Mvlrp in principal pl~ce of businsu Fn tM City of Fon Pierc~, St. l~tie County, Fbrida, Mreinafter daiiy~ated ss the "MORTGAGEE:' • WHEREAS the MORTGAGOQ is ju~tly irxlebted to ~he MORTGAGEE in the sum of = 5~ 800 _ 00 , good and lawful money of the tln~ted S+ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n p?omiuwy note of even date harewi~~,, of whith ths fdlorruip in words and (igures it a frvs copy, towit: = S ~800 .00 • ~ 1001869'7 fort Pieres, Flwida, August 21 ~ ~y 72 Fw value received, I, we or either of ua, prom~se fo pay, withoul defalca~~on, to ~he orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Piace, fbrida, the aum of j 5• 8~~ with interest (rom date at the rate of7~~°o per a~num, in mo~thly instaN- ~,enfs as foltows: Z 55•~~ on the 15t day of October , ~9 7~ and s like aum on the cwrespond~ng day of each month the?e- afrer unti) the who~e be fully paid. Each instaltment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If d ault is made i~ fhe Faiment of any installment when due, and such defau~t continues 30 days, then at the option of the holder, a~d without any other notice, all the remaining :~~srallments shail be due and payable at once. P~ivilege is given to prepay this note in whole or in part at any time without pe~atty. Neither forebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed ex~ension. A late payment charge of : 2•75 , sMll be • added to each installment remaining unpa~d 7 days after its due date, a~d a like sum shall be added to each such inatallment remaining unpaid 7 days after each sucteeding paymet~t date. Each maktr, surety and endoner hereof, jointly and severally, waives demand, p?esensmeN protest and notice of protest for nonpaymeM, and further ayr~s to aey extension ef time of payment, either before or after matu~ity, without notice to any of us; and to pay all costs of tollection, includ~ng a reasonable atto?ney's fee i~ the event of any default hereunder, and hereby severa!!y waives a!! beneiir of homestead and exemption under the tonstitution ar~d laws of each State of the United States, as against this obligation a any extension or ~enewal hereof. Wimess the hand and seal of each party. S/Edd A. Chester (SEAU (s~?U S Inez Chester ~AU $ 8 • 7O ~ Stste Revenue ~~u AQ~iii NOW, THEREFORE, the MORTGAGOR fa tF~e pu.pose of ucuring payment of sa~d sum o( S 5 f 8~ , and the perfo~msnce of the covenant~ aod ag~eements hereinafter expressed, and fa divers good and vsluable considerat~ons, by thex p?esents, does g?ant, bargain, sell, remise, release, convey and confirm u~to the MORTGAGEE, iri successo?s and assigns, al{ that certain bt, piece or parcel of land, situate, lying, and being in the County ef St . Luc ie a~d State of Fbrida, deacribed as follows: ~ Lots I and 2, Block 2, SOUfHERN PINES S[BDIVISION, as per plat thereof on file in Plat Book 9, page 68, public records of St. L.ucie County, Florida. c~~'~'~• - . . . . . . o ~.E~ ~ s~ STATE oF F ~ I`/~`0'~~R ~'~~5~ cPA OOCUMENTARY ~"'OR~DA. ~ ~,~E n E ~ ,j°•~~STAMP tAk. ~ _~p~ c~?? :.2'o~~,ti DEPT_ OF ~~r ~O a= r~ = S~r1~-~2 ' ~ v. / 0 ~ '~'_~'o~~O ~ G,~ ~~,.i,l,,~'~. ~n = ' ~ p+" „~..J O = tIt02 ''•...I Q~1 f,~~ i ~ rogerher with all and singular the tenements, hereditamenb •nd appurtances thereuMO belonging or in anywiie sppett~ining tF?ereto, a~d all rem~, iuues, proceeds and profits accruing and to acave from said premises, sll of which are included in the above and foregang description ~nd habendvm. TO HAVE AND TO HOID the above desuibed and granted premises unto the said MORiGAGEE, i1s successcrs and auiyns forevsr. And tht said their MORTGAGOR for - heirs, executors, admi~istrstors and assigns, hereby covenants with the taid MORTGAGfE, Hs svtcessq~s snd +ssip~q, that the~are ~awfupy seized of the said premises in fae simplr, that t1~e same are free, dear and dischsrged from all liens and sncurt~ bra~ces in law or in equity, and tMt thev a~ tt1Q1I ' heirs shall wsrranf and defe~id the title to the same fo fhe said MORTGAGEE, its s~iccessors and auigns, fwever agairot the lawful claims and dcmands of all persory; PROVIDED, ALWAYS that if the MORTGAGOR shall psy v~to the MORTGAGEE the promiuwy note he?einbefwe descr;bed ar+d shall truly, promptly and fully perfwm, d7scMrge, exetute, compiete, compty wirh and abide by each and cvery the tti~wlations, agreements, conditioni and coven~nts of said - promissory note and of this Mortgage, then this Mortgsge and the Estste hereby ueated shall uase snd be null and void. • !T IS UNDERSTOOD that the word "Mortgsgor" whether in the singular or plural anywhere in this Mortgsge, shall be sirgular if one o~ly ~nd shall be plural jointly and severally if more than one, and that the word "~heir" ss used anywhere in this Mortgaye sha)I be taken to mean "his;' "hen," or "its," wherever the context so implie: or admits. Also, that wherever there is a reference in the covenants and agreements htrein tontained to ~ny of rhe psrYies hereto, the same :hsll be construed to mean as well ss the heirs, legal represeMativet, auccesso?s and sssigns (either voiuntary by act of the parties or involuntery by operarion of the law) of the same and that the covenants herein contained shall bind snd the benefits and adventages inure ro the respective heirs, legal representatives, successors and sss~gns of the panies hereto. And wid Mortgsgors, fw themselves and their heirs, le~a) re{xexmatives, successors ~nd assigns, hereby jantly snd uverally covenant and apree ro and with fhe said MORTGAGEE, its svccessors and auigns: i. To pay stl and singular the principal and interest and fhe various and sundry sums of money paysble by vinue of said promissory rate, and this mo~tga9e, esch and every, promptly on the dsys respectively the s~me severally become due. 2. To p~y all and tingvlar the tsxes, assesunents, levies, li~bilities, obligstions and encumbrances of every nature and ki~d now on said descr;bed property, qr that hereafter may be imposed, suffered, placed, kvied, or sssessed the?eon, a that he~eafter may be levied or usessed ~pon this Mort¢ age, a. the indebtcdneu sec~red hereby, exh and every, when due and payable, aao~diny to Iaw, before they become delinq~eM, ~nd before ~ny iMerest artaches q any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIL BE PROMPiIY SATISFIED AY~ DISCHARGFD OF RECORb ANO iHE ORIGINAL OFFICIAI DOCUMENT {SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACT!nN PAPER OfFICIALIY ENDQRSED OR CERTIFIED) SHAII BE PLACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in the event that sny tF~ereof is not paid, sat'sfied a~d distharged sa:d MORTGAGEE may at any time pay the same a any part lhereof without wsiving or affecting any oplion, lien, equity w •~qht under w by virtue of this mortgage and the full amount of each aru! every such payment shall be immediately due and payable and shsll bear intere~t <<om the dste thereof vntil paid at rate of n~ne per centum per annum and together v~~tFxs ~st ~halt secured by the lien of th:s morgtaye. B~J~`~0~ ~~~t~f~8? _.~_~.4 = . ~ . _ ~ ~ _ ~~-~.x~