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Home My WebLink About1802 238554 ~ ~ THIS ItJOENTURE. ~d. ~ne 20th day of Se~tel~bOr ~,p, ~y 72 Alfred H. Sigg and Louise D. Si4a hi wife of $t • i'uC ie Co~nty iluida, herainafla designated as the "MORIGA~GOR;' snd ~IRS ~EdlRAI~ SAVINGS ANO IQAN ASSOCIATION OF fORT PIERCE, s co~pwation orp+ni:ed and exis~ing under the laws of tM United S~at~s of Amcrica a~d Mvinp iri principal plsce of busineu in tM City of Fwt Pi~rc~, St. lucie Cou~ty, Flwida, hereinafter des~ynated +s tM "MORTGACsEE:' WHEREAS the MORTGAGOR is j~stly indebted to the MORTGAGEE in the sum of S 6•8~•~ , good and ~~M'ful money of the Un~ted : State~ advanced by the MORTGAGEE unto the MORiGAGOR, as evidrnced by ~ tertain p~omisswy note o~ aven date herewith, of wh+ch the follow~ng in ' words and figures is a trus copy, ~o-wit: ti s 6.800.00 r,~, 10018841 Fwt Pieres. Fa.~da. ~Ptember 20 19 7~_ Fw value received, 1, we w either of us, p~om~se to pay, without defalca~ion, to the order of FIRST FEOERAL SAVINGS AND tOAN ASSOCIATION Of FORT PIERCE at Fort Plerce, Florida, the sum of s 6~8~•~~ w;th ~neerest from date a~ the rate of7 • 7S ao per anr,um, in monthly inslall- ~„rnts as fottows: S 6O on 1he 1 St day of November ~9 72 and a like svm on the cwrespond~ng day of each month therr alter until the whole be fully paid. Each inatallment firsl shall be appliecl in payme~t of the interest and then on the unpaid balance of the princ~pal sum. If d ault is mede in the ~:a~ment of any installment when due, and such default continues 30 days, then at tlx option of the holder, and without any other notice, all Ihe remaininq ~nstallmenls shail be due and payable at once. Privilege is g~ven to prepay this note in whole or in part at a~y t~me without penalty. Neither fwebearaoce, nor acceptance by 1he holder thereof after any defauh in any payments hereon, shall be deemed extension. A late paymrnt charge of s 3•~ shell be added to each installment remaining unpaid 7 days after its due date, and a like sum shail be added to each such instalf~nent remaining unpaid 7 days after each sucteeding paymeM da~e. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment p~otest and notice of p~otest for nonpay:ne*~t, and f~rlher agrees to ar?y extension of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attwney's fee in the event of any defaul~ hereunder, and hereby severa~ly waives all benefit of homes!ead and exemptio~ under the cautitution a~~d laws of each State of the United States, as against this obtigatio~ or any extens~on w renewal hereof. Witness the ha~d s~d seal of each party. S/Alfred H. Siqa ~?U cs~Au S/Louise D. Siq9 ~?U _ (~?U S 10 . 20 ) State Revenue ( NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of sa~d sum of s b~ 8~0 and the performance of tl+e covenants and agreements hereinafter e:p~essed, and for divers good a~d valuable considerations, by theu presents, does grant, bsrpain, sell, remise, releax, convey and co~firm unto the MORTGAGEE, its succeuws and auigns, all that cert~in bL p'~ece or parcel of land, situate, lying, and being in 1he County of St . Ll]C ie and Stste of Fbrida, dewibed as follows: The East 65 feet of the West 605 feet of Lot 39, MARAVII.L.A GARDENS, L~TIT NO. l, as per plat thereof on file in Plat Book 6, page 55, Public Records of St. Lucie County, Florida. , ~-R~p ~ ~ ~ oF .~s°Ai-`'" ~ E c,~. A~N~Aa~~` ~ p, 2 ` ~ pO~ oN ~ vE~'?~ : ~ c.. cEP~. ~Z 1. oa i i KrZL G i ~ •~u' . e P 2 ~ o~,,,o ~ G IN PA1?M~ENT Of TAII~S ~ DlE ON CLA4S 'C 1lIiAp6181F PER90MAL ?ROPERiY, ~ pURSlMIN1 70 qMP?ER 71-1i4. IIC'fS OF ~9/L ~~I (I ~GfR PORRIIS ~ CI.ENI( GRqiIT OOUIR. ST. WCIE 00, Ft1l together with all and singular the tenements, hereditameMi +nd appvrtantes thereunto belo~ing w in anywiu sppertaininp tF~erefo, ~~d rents, issues, proceeds end prof~ts ~cuuing snd to sccrve from said prcmises, +II of which are included in the sbove ~nd fore9oi~g dewiption and h~bendum. TO HAVE ANO TO HOID the above desaibed and gramed prem~ses ~nto the said lMORTGAGEE, its succeswrs and auiyns fwever. Md tM said their ~ MORTGAGOR (or - ~ heirs, executors, administratws and assigns, hereby covens~ts with the said MORTGAGEE, ib successon ~nd auiyru, the~ are_ rhat - e~ - la~irfully xized of the said premises in fee simple; that the s+me are free, de~r and discMrged from all liens and encvm~ brances in law or in cqu~ty. and that they will and their heirs ~hall warrsnt and defend ths tit{e to the iarrw to tM aid ~ MORTGAGEE, its successors and auigns, forever sgainst the lawful claims and demands of all persau; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiswry note hereinbefote de~tribed and th~ll truly, promptly and fully perfwm, distMrge, execute, complete, comply with and abide by eath and every the stipulations, +yreemenn, conditions and covenanb of said ~y-~.. promissory note +nd of this Mutgage, then this Mwtgage ar?d the Esate hereby ueated shall cease and be null and void. ~ IT IS UNDERSTOOD tMt the wwd "Mottgagor" whether in the singular w plural anywhere in this Mwtgsge, shall be sirgular if one only ~nd ~ shall 6e plural jointly and severally if more tlun one. and that the wwd "their" as used anywhere i~ tF~is Mwtgage shall be taken to mean "hii;••'hen;' or "ils;' wherever the context so implies o? ~dmits. Also, that wherever there is • re(erence in the covenants s~d a9reemenfs herein cont~ined to ~ny of ~ rhe parties hereto, the same thsll be construed to mean si well a~ Ihe heirs, leg~l representatives, successors ~nd assigns (either volunury by act of tFw partief or involuntary by operation of the law) of the same and that the covensnti herein tontained shall bind and ttx benefiti and +dvantages in~r~ ~ to the respective heirs, leg+l representatives, iuccessors and ss~'yns of tF~e parties hereto. And said Mortgsgors, for tFxmulves and their hei~s, (egs) reprexntatives, sutcessots and ~uiyns, hereby joiNly +nd severally covenant and ayne ro and with the said MORTGAGEE, its successas and suigns: 1. To pay all •nd singutar tix principal snd interesr and the variovs ~nd sundry sums of nwney pay~ble by virtue of said promissory note, ~~d this mortysge, each and every, promptly on the days respectively the same severally become due. 2. To psy •II and si~gular the tsxes, ~isessmenn, levie~, liabilities, oblig+tic~s and encumbrances of every n+ture snd kind ~ow on said deuribad ~ prope?ry, a that hereaf~er msy be imposed, wffered, plxed, ~evied, w asseued thereon, a that hereafter msy b~ levied w ssse~ted upon this Mort9- age, a the indebtedneu tecured hereby, escF~ and every, wlxn due snd p~yable, ~ccordiny to law, before they become delinquent, ~nd befo~e ~ny intKes~ anacF+es or a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SAiiSF1E0 AND DISCHARGED OF RECORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISfACT10N PAPER OiFICIAILY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN TME HANDS OF SAID MORTGAGEE WtiHIN TEN DAYS NEXT AfTER PAYMENT; snd in the eve~t tMt any thereof is rw~ paid, sat'sfied ~nd discharged sa~d MORTGAGEE may at any time pay tFx same o: any part lhereof without waiving o~ a(fecting ~ny option, lien, equify w •~aht under w by virtue of this mortgage and the futl amount of each and every such p~yment shall be immediately due and payable and shall bear i~terat irom the date thereof until paid at rate of n~ne per centum per ennum and togNher w~th sut~ iq,1er be xc lien o~ th:s morytaye. 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