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Home My WebLink About0335 , p j~~a7~~ V THIS INDENTURE, N1ade the $th day of October A.o. 19 72 between Joseph G. Moorman and Diane K. Moorman, his rvife . of $t . LL]C ie County Flaids, hereinafter desgnared as the "MORTGAGOR;' and fIRST FEDERAI SIIVINGS AND IOAN ASSOCIATtON OF FORT PIERCE, a corpaation wganiZed and existing under Ihe lawi oi the U~ited Statoi of Mxrica s~d having iti principal pl~ce of bu~ness in the City of Fwt Pierce, St. lucie Counry, Flaida, hereinatter designated as tM "MORiGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 17190~•~ , good and I~wful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenccd by s certa~n promisswy note of even date herewith, oi whlch Ihe tollowing in ~ wads and iigures is a true copy, to-wit: 17,900.00 ~ 10018893 s ~i Fort Pieres. Flaida. ~ctober S~ 19 72 ~ For value received, I, we or either of us, promise to p6y, wiehout defalcat~o~, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ' 17 900 00 c~~ FORT PIERCE at Fwf Pierce, Flwida, the sum of j t • with interest from date at the rate of 7• =1o per annum, in moNhly install- j ments as fol!ows: j 147 on the 15t day of Deeember ~9 72 and a like sum on the correspond~ng day of each month there- airer until the whole be fufly paid. Each installment first shall be applied in payment of the interest and the~ on the unpaid balance of the princ~pal sum. If d ault is made in the t~ Naymero of any installment when due, and such default continues 30 days, then at the option of the Mtder, and without any other ootite, all the remaining ~ns~allments shall be d~e and payable at once. Privitege is given to prepay this note io whole or in part at any t~me without penalty_ Neither rwebeuance, J nor acceptance by the holdea thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 7~' S shall be added to each instailment remaining unpaid 7 days after its due date, and a like sum ahall be added to each such installment remaining unpaid 7 d~ys after each succeeding payment date. Each maker, surety and e~dorser hereof, jointly and severally, waives demand, presentment protest and nolice of protest fw nonpayment, and further ~J aqrees to any extensio~ of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, intluding a ~ reasortable attorney's fee ~n the event of any default hereunder, and hereby seve~aily waives all benefit of homestead and exemption under the tonstitution and laws of each State of the United States, as against this obligation a any exte~sion or renewal hereof. Witness the hand and seal of each party_ S/Joseph G. rloorman (SfAI) S/Diane K. Moorman ~AU ~ $26.85 c~u State Revenue ~~~*~e ~ 17 900 00 NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of S ~ • and the performsnce of the covenants and sgreements hereinafter expressed, snd for divers good and va~uable consideraYwns, by these presents, dces grant, bargsin, sell, remise, release, convey and confirm unto the MORTGAGEE, its succeuors and aui9ns, all that certain ~ot, picce or parcel of land, situate, (ying, and being in the County of St . Ll1Clf' _ and State of Fiorida, dewibed as follows: The North 45 feet of Lot 12 and all of Lot 11, Block 6, 4VILBUV~'E SiBDIVISION, as per plat thereof on file in Plat Book 6, at page 24, public records of St. Lucie County, Florida. i -rE oF F~oRpot~; ; f STA stA ~ - DO_ ~~M NTARY.f`:"•, ~ I ; c Q cs ~EPi. UF RErENUE : ~ Z v. v~ I - ~,i lY'72~ ~ . t , <o o ~H. ~ Qti..~ in ~ t{10? 0 _ ::~:EIV.~D 5~-~-=~j= t~l i ,v.,^~T : f : . . ~ :.'~:E ~ :.If'1.:;: iE: ~:~~il=~ ~i.~ i :F:x';~`.'_ ; i!'J'~ ~ . ~'„S., aii iv .:tiAi:r3 7:-i:r.. ''.i: .)f :912. Fhl! ` EJIi~~i.S ~'J (xF~Z1I r~1RCL?'t G)!;Cii~ ~i, 1J3~~E ~ rogether with all and singular the tencments, hereditaments and appurtances thereunto belongirg w i~ ~nywise appeAaining therefo, and all rentt, iuues, p.oceeds and profits accruing and to accrue from said prelnixs, all of which sre included in the above snd fwegoinp dewiptio~ and habendum. TO HAVE AND TO HOLD the above described snd granted premises unto the said MORTGAGEE, its successor~ and ssi~yns forever. And tM ~aid MORTGAGOR fw their_____ ~;~s, executas, administrators and assigns, hereby covenants with the said MORTGAGEE, iti ivttesswi ~nd ~uipns, ~hat th~ are ia,~„uy uized of the said premises in fee timple; that the same +~e free, clesr and diuharged from all liens ~nd tncum- brances in law or in equity, end that theY will and their heirs shall warnnt and defend ths title to the same to the uid MORiGAGEE, its successors and assigns, forever against the lawfvl claims and demands of all persons; r PROVIDED, ALWAYS tMt if tFx MORTGAGOR shall pay ~nto the MORTGAGEE the p~omissory note hereinbefwe dewibed and sMll truly, promptly and fully perform, d~uharge, e:ecute, complete, comply with and abide by esch and every the stipulatio~s, agreements, conditions and covensnts of said promissory note and of this Mwtgsge, then this M.ortgage and the Estate hereby created ihall cease and be null and void. IT IS UNDERSTOOD tMt the wwd "Mortgsga" whether in the singular w plu?al anywhere in this Mortgsge, shall be iinyular if one only and shall be plural jointly ~nd sever~lly if more tiun one, snd that the wwd "t heir" ss used snywhere in this Mwtgsge sF»II be taken to mean "his; '"hers; ' or "its; ' wherever the conte:t w implies w admits. Also, that wherever there is s reference in the covenants and agreements herein oontsined to ~ny of the parties he~eto, the same shall be conitrued to mea~ a• well as the heirt, legal representstives, successors end assigns (either voluntary by act of the parties w involuntsry by operatan ol the law) of the same and that the covenants herein contained shall bind and the benefits and advantsges inure to the respective heirs, legal representatives, successors and ass~gns of the partiei hereto. And said Mwtgsgors, fw themielves and their heirs, legal reprexntatives, successors and assigns, hereby jointly and severally covenant and ayree ~o and with the said MORTGAGEE, its svccesson and atsigns: 1. To pay alI and singular the printipsl and interest and the various and sundry sums of money payable by virtue of said promissory note, snd this mortpa9e, exh snd every, promptly on the days respectively the same severally become due. 2. To p+y all and singular the tsxes, assessments, levies, li~bilities, obligations +nd encumbrances of every nature ~nd kind raw on ssid described property, p thst t~ereafter m~y be imposed, svffered, plxed, levied, or assesxd thereon, w that hereafter may be tevied w auesud upon this Mwt¢ age, a the indebtedneu secured hereby, esch and every, when due snd payable, according to I~w, befwe they become delinqucnt, and before any interest attaches w any penalry is incvrred; AND If~SOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND ~ISCHARGED OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SAiI$FAC110N PAPER OFfICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN TME HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y thereof is not paid, saYsfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thercof without waiving w affetting any option, lien, equity w .iqht under w by virtue of this mongsge and the ful~ amount oi eath and every such payment shall be immediately due and payable and shall bear interest ~rom the date thereof until paid st rate of nine per centum per annum and togttF~r interest secured by the lien of tb's mor9taye. ,J'' ~ Y Y~~i [ 3v~. _ ..e.,