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Home My WebLink About2866 239249 ~ ~ ~ TNIS IN~ENTURE, Made the 12th day ot September Laura M. Hendricks~ a widow A.D. 19 72 eerW.«? of $t • 1+11C ie County Flwida, hereieaite? designated as the~~ MORTGAt~pR,'~ and fIRtT fEOERAt SAVINGS AND IOAN ASSOCIATION OF FORT PiERCE, a corpwation wganized and ex~s~ing under 1he laws of the Un~ted Sutts of /~n~rica and havin9 its pri~cipal placa of bu~iness i~ th~ City of Fprt Piace, St. lvcie County, F~orida~ F1lflifNll~f desi9nated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of i ib ~ood and lawful money of the t/n~ted States advariced by ~he MORTGAGEE uroo the MORiGAGOR, as evide~ued by a certain promissory noro of even date herewith, oi wh~ch the (ollowing in words and figures is a trve copy, to-wit: s 16~~•~ ' r,~,_ 1Op18813 Fort Pierce, Flwida, September 12~ ~q~ - for value received, 1, we or either of us, promise to pay, without def~Ica~~on, to the order of FIRST FfDERAt SAVINGS AND LOAPi ASSOClATION OF 16 O~ DO r~' pcr annwn, in monthly insroll- FORT PIERCE at Fort Pierce, Florida, the sum of j~_~ • with ~nterest from dare at the rate of 7~ 2-76 ~nents as fottows: Z 116 on the 1 St day of Jan~=Y 19_ 73 _ and a like sum on the cwrespondfng day of each month the~r aSter un~i? the whole be fully paid. v ' Each installmeM fint shall be appiied in paymen? of the interest and then on tha unpaid balance of the p~inupal sum. If d auh is made in the ~ ~ ayment of any insta~lment when due, a~d such de(auh continues 30 deys, then at the option of the holder, and without any other notice, ;II the remaining >>~stallments shall be due and payabie at o~ce. Privilege is giveo to prepay this note in whole w in parf at any time without penalfy. Neither forebearance, nor atceptance by the holder thereof after any default in any payments hereon, shall be deemed extenaion. A late paymenl charge of S 5• 8O, shall be ~ addecl to each installment remaining unpa~d 7 days after its due date, and a tike sum shat! be added to each such insta!lment remaining unpaid 7 days after each succeed~ng payment date. ~ Each maker, surety and endorser hereof, joinNy and severally, wa~ves demand, presentment protest and notice of protest fw nonpayme~t, and further agrees to any extension of time of payment, either before or aiter maturity, without nof~ce to any of us; and to pay all costs of collection, includ;ng s reasonable attorney's fee in the eveN of any deiauh hereunde~, and hereby aeverafly waives all be~efit of homesfead and ezemption ~nder the constitution ~ and iaws of each State of the United States, as against this obliyation w any extension or renewal heceof. Witness the hand and seal of each party. , S ura M. Hend ick a rrid ~EAu ~ af~j~Ll ,I(. t!I C~iL- (SEAU . (SEAI) ~24•00 ) State Revenue ~u NOW, THEREfORf, the MORTGAGOR for the r 16 ~ OOO.OO pu pose of secvring payment of said sum of s ~nd tlx performance of the covenants and agreements hereinaiter expressed, and for d:vert good and va~~able considerations, by these presents, does grant, bargai~, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and suigns, all that certain lot, piece or parce! of land, situafe, lying, and being in the County of St. Lueie and State of Florida, deacribed ~s follows: Lot 8 and Lot 9, Less the East 39.88 feet of Lot 9, all in Block 5, SILVER LAKE PARK SUBDIVISION, according to the plat thereof recorded in Plat Book 10, page 4, public records, St. Lucie County, Florida. F ~4~RP~~ , A E a~c . Ssi' J~ a ~p~UMEN~A ~ _ ~ ~ c ,M~ ~ T~clt ~vExvE : ` Z 4.,d v~- ~ M Pqp?ER~~. ~s ~ o~P[. ~ . .C ~~IIt41~.E c'` ~ ~G~''n 71•I34. ~s ~ ~Y/l. ljj< ~ ~ ~ ~ ~c ^ l.s. ~II~l11 ~ ppRry~,4 ..c' ° ~ ~~wt ~ ~~E 00, t1l o ~ - 37. together with sll ar+d singular the tenements, hereditaments and sppvrtar~ces thsrevnto betongirg o? in snywise appertaininy thereto, and all rents, iuues, proceeds and pro(its scauing and to sccrue from said premises, all of which ere included in the abova and fwegoirg description snd habendum. TO HAVE ANO TO HOLD the above described and granted paemises unto tfie said AhORTGAGEE, its tuccessors and asi~gru forever. Md ths ~id AtORiGAGQR f hQY qr he;rs, e:ecutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suctesson and assipro, she is rhaf lawfully seized of the uid premises in iee simple; that the same are free, clear and discFurged from all liens and ancun? brances in law w in equity, and that S~ will and her heirs shall ws?rant snd defend the title to the same to the said MORTGAGEE, its successors and ass~gns, fwever against the lawful claims and demands of stl persons; PROVIDED, AlWAYS that if the MORiGAGOR shall psy ~nto the MORiGAGEE the promissory rwre hc?einbefpe dew;bed snd shall truly, ptomptly and fully pc?fam, d~xhsrge, execute, complete, comply with snd ~b~de by each and every the stipulations, agreemenls, conditiau and covenanh of uid promissory note and of this Mortgage, then this Mortgsge and the Estate hereby veated ahall cesse and be null and wid. IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the iinguter or plursl anywhere in this Mortgsge, shall be singular if one only and shall be plurai jo;ntly and severally if more ihan one, and that the wwd "their" as used ~nywhere in this Mortgsge shsll be f~ken to mean "his," "hers," or "its; ` wFxrever the conteat io implies a admits. Also, that wherever there is a referer?ce in the covenann snd agreements fxrein contained to ~ny of rhe parties hcreto, the same shaN be construed to mean ai well ss the heirs, legal ~tpresentafivd, successon and assig~u (either volun~ary by scf of ths parties a involuntary by operat'an of ~he law) of the same and that the covcnants herein contained shall bind snd the benefits and adventsgd in~r~ to the respective heirs, legal representatives, successors and ~ss~gns of the p~rtits herefo. ' And said Nbrtgagors, fw themxlves and their heirs, legal representatives, succeswrs and es~ign~, he~eby joently ~nd severally covensnt ar?d apree ~o snd with tiro said MORTGAGEE, iti successors and assigns: 1. To pay all and singulsr the principal and interest and tF~e various and sur+dry sums of money payable by vinue of ssid promissory note, and this mortgage, exh and every, promptly on the dsys respedively the same severally become due. 2. To psy all snd singu(ar the taxes, assessments, levies, tiabilities, obligarions and encumbrar~ of every nawre and_ kind now on said desuibed property, or that hereafter may be imposed, svffered, placed, levied, or auessed thereon, p that here~fter may be levied w usetsed upon this Mor1¢ age, a the irxlebted~ess secured hereby, each and every, wlxn due and paysble, xcordinp to Iaw, before they become delinquent, and before ~ny inte~est attaches or arty penalty is ir:curred; AMD lNSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII BE PROMPiLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICtAI ~OCUMENT (SUCH AS, FOR INSTANCE, iNE TAX RfCE1PT GR THE SATISFACTION PAPER OffIC1ALtY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN IEN DAYS NFXT AFiER PAYMfN7; and in fhe event thst sny tlxreof ii ~w paid, sa+'sfied and discharged sa:d MORTGAGEE may at any time pay the same o~ a~y pan thereoi withovt waiving w affecting sny option, lien, equity or .ipht under a by virtue of this mortgage and the full amount of each and every such payme~t shall be immediately dve snd payabte and shafl bear infeiest ~~om the date rhereof until paid at rate of nine per tentum per innum ~nd together wifh such interest shall be secured by the lier. of fl~:s morgtsye. 6~10K 2~6 ~arE ~~~2 . . ~ . ~ _ . . ~ . _ - - _ _ = s.~