The URL can be used to link to this page

Home My WebLink About0413 239656 ~ s THIS INDENTURE. Mad~ the gth day of OCtOber A.D. 19 72., batwee~ _ Oewey S Barb~r and Susan B Bar er, his wife of ~t. ~.11C1@ , Counry Flor7da, !?~reinafta designated ss ths "MORTGAGOR;' and FIRST PEDERAt SAVINGS ANO LOAN 4~SOCIATION OF fORT PIERCE, s cwporation wq~nizcd and existi~g under the Iaws of the Un~ted 5tat~~ of Americ~ and Mvinp its principal place of business in the City of fort PiQrce, St. lucie County. F~orida, herei~after detiynated ai tM "MORTGAGfE." WHERE/l5 the MORTGdGOR is juitly indcbted to the MORTGAGEE in ths sum of ~~8! 900• 00 , good a~d lawful mo~?ey of the Un~ted States advanced by the MORTGAGEE unto the MORTGAC,,OR, as evidenced by ~ certain promisswy note of even date he~ewith, of whith the tollowing in words and figurei is ~ trve copy, to-wit: ~ i8,9oo.U0 ~,~,_10018913 D;a~.. Fi6,;d~. October 9 ~y 72 Fw value received, 1, we o~ either of us, prom;se to psy, without defalcation, to the o?der of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fpRT PIERCE at Fort Pierce, Florida, the sum of S18 ~900• w;th interest from date at the ?ate of 7• S% per annum, in monthly install- menrs as fol!ows: S 140•0O on the lSt day of ~eember , ~9 ~2 and a like sum on tFx correspond~ng day of each month therr afrer until the whole be fully paid. Each i~stallment first shall be applied in payment of the interest and then on the unpa+d balance of the prinupa! sum. tf d ault is made in the F F,ayment of any installment when due, and such default continues 30 days, the~ at the option of the hoider, a~d without any other notice, all the remainirg :ns~altments shafl be due and payable at once. Priv~lege is given to prepay this note in whole or in pa?t at any time without penalty. Neither fwebearance, nor acceptant! by the holder thereef afte~ any default in any payments hereon, shall be deemed extension. A lare paymenf charge of S 7• O0 . shall be added to each installment remaining unpaid 7 days after its dua date, and a t~ke sum shalt be added to each such installment remaining unpaid 7 dsys after each tucceeding paymenf date. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest for nonpaymtnf, and (urther agrees to any eatension of time af payment, either before or after maturity, wiihout notice to any of us; and to pay alt costs of colledion, intlud~~g e reasonabte attomey's fee in ~he evem of any delauh hereunder, and hereby severally waives alI benefit of homestead and exemption under the tonstitution and laws of each State of the United States, as againsf this obtigaiion or any extension or re~wat hereof, Witness the hand and seal of each party. sLDewey S. Barber ~Aq (SEAI) s/ Susan B. 6arber ~ $28. 35 ~ State Revcnue ~U fsbatps ~~+~!l~mik s~oe~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S$18 ~ 9~• . and the perfamance of the covenants and agreementa hereinafter expreued, and fw divers good and valuab(e coruiderations, by these prese~ts, does grant, baryain, aell, ~em;u, relea~e, convey and tonlirm unto the MORTGAGEE, iti successors and sssigns, all that certain bt, piete or partel of land, situate, lying, and beirg in the County of SL . LuC 1@ snd State of Flwida, dew~bed a~ followt: Lot 25, Block 4, LAiCBWOOD PARK, UNIT 8-B, as per plat thereof on file in Plat Book 11, page 48, of the Public Records of St. Lucie County, Florida, ? - ~ - IJt P~IYMElR pf TAXF~ OIIE ON C1J14S "C 1!(TAI1GISlE PEccxY~At PROPERiy~ ' - STATE oF FLORID~_~~ ~~TER 71•~~. ~crs o~ i9~~. j: `1 DOCUMENTARY ;~StAMP TA X ~ ~ORRAS i' ~~Z J' ~EPT.Of REVENUE sp' ~ p~~ ~~t• Ca.. fZ~ ? _ - : ~T ~ = P~.= : 2 8. 3 ~ 1 o = ~i~oz ~ rogether witl~ sll and singul~~ the fenements, hereditaments and appurt~nces thereunto belorging w in ~nywise ~pperfaininy thereto, and all tents, fssues, proceeds and profin acauing snd fo accrue from iaid premises, all of which are included in the above and fore9ang dewiption ~nd habendum. TO HAVE AND TO HOLD the above described and gr~nted premiies unto the said MORTGAGEE, ifs succeswn a~+d assi9~s forever. Md th~ sald MORTGAGOR for thgli ~;~s, executas, administrators and sug~s, hereby covenann with the said MORTGAGEE, it~ suueuws ~nd auipm, j the are _ ia~t~u x;:ed of rhe u~d ~har ---y y premisei in fee simple; that the ssme are fr~e, clear ~r+d dixhu~ed irom all liens ~nd encum~ brances in law or in equity, and that they a~ their hein shsll warrant ~nd defend the title to tM ~ame to the uid MORTGAGEE, iti successors and auigns, fwever against the lawful claims a~d demands of all persona; PROVIDED, ALWAYS that if the NIORTGAGOR shall psy unto the MORTGAGEE the promisfory nota hereinbefwe desctibed ind shaU truly, promptly and fully periorm, discharge, execute, complete, comply with and sbide by each and every the ~tipul~tions, ~greementi, conditiau and covenants of uid promissory note and of this Mortysge, then this Mort9age and the Estare hereby veated sha!! cease and be nul) snd void. li t5 UNDERSTOOp that tFie wotd "Mortgago~" wherher in the singul~r a plu~sl ~nywhere in this Mortgsye, iF~all be siryulu if on~ only and shall be plural jointly and severally if more than one, ~nd that the wwd "their" st ufed snywhere in this Mortgage shall be taken to mesn "his;' "hen," ~ or "its;' wherever the conteact w impliet o? admits. Afw, that whereva thcre ii • reference in the covens~ft snd syreemenb herein contained to any of ?he panies hereto, tF~e s~me shall be construed to me+n as well at the heir:, ley~l rspreaent~tives, :uccessws +nd asi~yro (either votuntsry by ad of ths parties or involuntary by operstion of the Isw) of the s+me and that the covenants herein contsined thall bind and 1M benefits and advantayes inur~ ' to the respective hein, kgd representatives, succes~as and au~gns of the pania hereto. And said Mortgagpn, fo. themselves snd thei? heirs, legal reprexntstives, iuccessors and auigns, hereby joimly ~nd severally cover?ant and ~yree ro and with the said MORTGAGEE, its y~ccessors and ~uigns: 1. To pay all and singular the princip~l and interest and the variovs ~nd sundry sums of money payable by virtue of said promi~sory note, and this ~ matga9e, each and every, promprly on the days respectively ihe same severally becoms dus. ~ 2. 1o pey aN and singula? tM taxei, assessments, levies, li~bilities, obliystiau and encumbrancea of every ~atura a~d kind now on said dewibed i , properry, or that hereafter may be impo~ed, suffered, placed, levied, or assessrd thcreon, o~ that here~fter m~y be lavied or usessed ~pon tha Mortg- ' +ge, o~ the irnlebtedness iecu?ed hereby, esch snd every, when due and p~yable, xcordirg to law, beiae they becane delinquent, and before any interest ; anaches or any penslty is incurred; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAIL BE PROMPTIY SATISf1ED AND DISGHARGED OF ` RECORD AND THE OR{GINAI OFFICIAL pOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFftCfAtLY ENDORSED ' OR CERTIFIED) SHAIL 8F PIACED !N TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y tF?ereof is not paid, sat'sfied snd diuhsrged sa:d MORTGAGEE may at sny time pay the ssme or ~ny part thereof without waiviny w atfedirg ~ny option, lien, equity w •iqht under w by virtue of this mortgsge and the fult amount of each and every such payment shall be immediately dus and psy~bte and thall bear interest s•om the date thereof until paid at rate of nine per centum per annum a~d toyether w+th such interest by Ihe li n~f,~F~:s mor~tay~. QUY~~~'i~t ~ 3