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Home My WebLink About0084 rG ~7~! ~ 1 c3 TM?S INDENIURE, AAade ~he 2nd ~y of October A.D. 19?? between O. C. Thompson and Lucille Thompson, his wif e af $t • L'L1Cle ~ Counfy Florida, hereinafter desgnated a~ the "MORTGAGOR;' ~nd FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a mrporat~on organized and exis~ing under the laws of ths United Stat~~ of Amerita and havlnp its principal pl~ce of business In tM City of fwt Pixcs, St. luc~e Counry, Florida, hereinafter de~ipnat~d ~s tfie "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum o( s lO t s~ ~ OO , good and lawful money of the United Statet adva~ced by the MORTGAGEE untu the MORiGAGOR, as evidenced by a certain promisswy note of even date herewith, of whlch the following in words and.figures is ~ true copy, fo-wi~: = 10,800.00 . ~ 10018875 ' F,r, P;e~~.. F~«;d,, October 2 t9 72 for value received, 1, we or either of us, prom~se to pay, withouf defalca~ion, to the order of fIRST FEUERAL SAVINGS AND LOAN ASSOCIATtON OF FORT PIERCE at Fort Pierce, flo~ida, the sum of s 1O ~ 8~~ with i~terest iram date at 1Fe rate of 7•7S'~ per annum, in monthly instaN- ments as follows: 589•~ ~ on the 1st day of ~e~~'er , I9 72 a~d a iike sum on the cwre~porxliny day of eacfi monfh lhere- aher unli! the whole be fully paid. Each installment first shall 6e appl~ed in payment of the interest and ~hen on the unpaid bslance of the principal sum. If d aulf is made in the payme~t of any installment when due, and such default continuea 30 days, then al the option of the hotder, and wi~hout any other notice, all the remaining insraltments shall be due and payable a1 once. Privilege is given to prepay fhis note in whote or in part at any time without pena~ty, Neither fwebeannte, nor atctptance by the holder thereof after any defauH in any payments hereon, shall be dcemed extension. A late payment charge of = 4~ 45 , shall be added to each installment remaining unpa~d 7, days after its due date, and a like sum shali be a~~sd to each such inatallmenl remaining unpaid 7 days after each succeeding paYment date. fach make~, surety and endorser hereof, jo[ntly and aeverally, waives demand, presentment protest and natice of p?otest for rar+payrrKnt, and fu~ther agrees to any extension oi time of payment, either before w after maturity, withouf notice to any of us; and to pay all costs of collection, including a reasa?able atto~ney i fee in the even~ of any dcfault hereunde~, and hereby severatly waives a!1 benef;t of homestead and exemption under the constitutan anJ Iaws of each State of the United States, as against Ihis obl~gation or any extension or renewal hereof. Witness the hand and seal of each party. _ S/O. C . Thompson ~sEai) (SfAlj _ S/Lucille Thompson ~ $16 . 20 ) State Revenue ~Au 10 800 00 NOW, THERFFORE, the A10RTGAGOR for the purpose of securing payment of said sum of = • • , snd it~e performancs of tM covensnts a~d s~reements hereinafter expressed, and fw divers good and vatuable considerations, by these preser.ta, does grant, baryain, sell, remise, releaie, conrey snd co~firm unto the MORTGAGEE, its successors and auig~s, all that certain lot, piece w parcel of la~d, situste, tying, and bein~ in the County of S2. LuCl@ and State of florida, dewibed ai followt: Lot 1~ Block 3, of MARION HEIGHTS SLBDIVISION as shown on the plat thereof recorded in Plat Book 10 at Page 28 in the Office of the Clerk of tbe Circuit Court of St. I.ucie County, Florida. ~ ° df'~. e' / ~ ~'~s ~'y~~~ ~dJ~ ~~-~~1~R~~~ ~ b ~ STATE oF FLORIDA.1 ~j~ ~c~'~~,.,'o~~ DOCUMENTARY.,~:.: StAMP Tl~. a•,~ ~ ~ ~ _ ~ y~ ` OEPi. Ui REYEKUE - - en o P.S. ` o = 111Qj= 1lCi •o'~~ . . ~ : ' V. ~ O , ' ra^,~e!hss ~z*h a!I ar~ :ingv~ar tF+e tenemems, hereditaments ~nd appurtances thereunto belonging or in anyrrise appertaininy thereto, ~nd ~II r~nt~, issuts, prpt!!df ~nd profiri acaui~g and to accrue from said premises, all of which sre included in the above and forepanp description and habendum. TO HAVE AND Tp HO~D tF.e above described and granted premises u~to the said MORT('sAGEE, its svaeuors ~nd auiyru forev~r. Md tiw said their MORTGAGOR for he~rs, executors, administrators •nd assigns, hereby covenanfs with the taid MOR~GAGEE, ib succeswrs ~nd sui~nt, fhat they are _ ~,~~+r seized of the said Y prernises in fee aimple: that ths same are fres, clear and dischatged from all liens ~nd ~nc~m- brances in lew or in equ~ty, and ?hat the y h,~~~ a~ t~l@ 1Z heiri shalt warrant and defend the title to the am~ to th~ said MORTGAGEE, its sutcessw~ and assigns, forever against the lawful claims and demandt of all pettwn; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuqy note hereinbefore d~stribed and shalt truly, promptty and futly perform, diuharge, execure, complere, comply with and abide by each and every tM stipulations, ayreements, conditions ~~d cova?anh of said promissory note and of this Mortgage, rhen this Mortgage and the Estate hereby ueated shall cease ~nd be null and wid. IT IS UNDERSTOOD that the word "Mo~tgsgor",whetber in the singvlar or plura) •nywhere in this Mortyage, shall be sinpular if on~ only ~nd shall be plural jointty and severatly if more than one, and tliet the word "rheir" as uHd anywF~ere in thn MarQays ahall bs tiken to me~n "his," "hen," or "iri;' wherevtr the contexf w implies or admits. Also, that whcrever there is ~ reference in rhe coven~nn and agraement~ herein cont~ined to ~ny oi the parties hereto, the same shall be construed to mean ai well as the hein, legal representative~, succesiws +nd assiqns (eiti~er voluntary by Kf of th~ parties or involunary by operal;on of ~he law) of the same and that the covenants herein contained ahatl bind and the benefiq and advantaye~ irwrt ro the respective hei~s, iega) representatives, tuccessora and ~u'g~s of the parties hereto. And ~aid Mortgsqon, fo. themse~ves and their heirt, legsl representatives, successws ~nd assigni, hereby joiMly and teverslly covenant ~nd ayree to and with the pid MORTGAGEE, its successors and assigns: 1. ~o pay all and singulsr fbc principal and interest and the various and sundry sums of money payable by virt~e of said promiswry ~ote, ~nd this mortgaye. each and every. promPtlY on SMe days reipectively the same severally becwne due. . 2. To pay ~II snd •ingular the taxes, asussmanti, leviei, li~bilities, obligst~ons ~nd enc~mbra~ces of every nature snd kind now on s~id deic?ibed property. o? rh~t hereefte~ may be imposed, suffa~ed. placed, levied, w auessed thercon, ot fhat here~fter may bs levied w usested vpon this Mortp- s9e, w tM indebtedness setured hereby, each and every, when d~e and p+ysble, +tcordinp to Isw, befote tF~ey become delinqve~t, and befon any int~resl attaches w a~y penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD iHE SAME SHAIL BE PROMPTIY 5/4TISFIfD AND DlSCHARGED OF RECORD ANp THE ORIGItrAL OFFICIAt DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDOQSE~ OR CERTIFIED) SMAIL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAY$ NEXT AfTER PAYMENT; and in the evenf tf?~t any fhereof is r+ot p~id, sat's(ied and discharged sa:d MORTGAGfE may at any Nme psy the same a any part thereof witiw~t wsiving w ~ffectirg any option, lien, equity or •pht under a by virtue of this mortgage and the full amount of each and eve~y such payment thall be immcdiately due and payable and sFull bear interett ~rom the date ti~ereof until p~id at rate of nine per cemum per annum •nd together yrirl~ s r'~'~ est shall be s~u~ by the lien of th'i mo~ytaQe_ 8UC'K ~~V ! E'~I a l ~ - .rs:.. '~:''~'r::;_..._