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Home My WebLink About0906 jG~a~..Qi.7~~ ~ THIS INDENTURE, Mads the 13th ~ypf„ y ~C~Ob@r . A.D. 19 72 - between S, L M De~~el~ment .C~orporaticSri,,{a Florida Corporation of St . Lucie CW~~y florida, hereinafter designated ~s the ~OIMGAGOR;' and FIRST FEUERAL SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE, a co~poration wganized and existing unde. 1he iaws of the ired S~a~~s of Amsrica and havin~ itt principal place of business in tM City of Fwt Pieres, St. lucie Cou~ty, Florida, hereinai~er designated as the "MORTGAGEE:' WNEREAS Ihe MORTGAGOR is justly indebted to the MORTGAGEE in the sum of :38 OOO. ~0 , good and lawiul money of the Unlted i States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy ~ote of even dare he~ew;th, of whlch !he followi~g in words and figu~es is a Irue topy, fo-wit: ~38,000.00 ~ lOO1K930 Fort Pierce, Flwida, October 13 ~q,~?_ Fw value received, I, we w either of us, prom~se to pay, without defalcation, to ~he order of FIR$T fEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of S 3~ s-~~ • O0 with interesr from date at the rate of 7• S 96 per annum, in mon?hly install- ments as follows: j 3O7 • ~0 on the 1 S t dsy of Febr uar y , ~9 '73 and a like sum on the corresponding day of each month ti+ere- af~er until the whole be fully paid. Each installment iirst shalt be applied in payme~t of the interest and then on the u~paid balance of the princ~pa) sum_ If d ault is made in ihe pay~nent af any installment when due, and such default continues 30 days, then at the opt;on of the hotder, and without any other ratice, a!! the ?emaining ~nstal~ments shall be due and payable at onte. Privilege is given to prepsy this note in who~e or in part st sny time without pena~ty. Neither forebearance, no~ acceptance by the hotder thereof after any default in any payments hereo~, shall be deemed extension. A late payment charge of = 15. 3$, shall be atided to each ina~allment remaini~g unpa~d 7 days afte~ its due date, and a like s~m shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each make?, su.ety and endorser hereof, jointty and severally, waives demand, presentment protest and notice of protest for nonpayment, and iurther ag~ees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all tosts of coltectio~, including a r~asonable attorney's fee i~ the event of any defautr hereunder, and hereby severally waives a)I benefit of homestead and exemptian under the tonstitution a~~d laws of each State of the United States, as against this obfigation or any extension a renewa! hereof. wit~ess the hand and seal of each party. S. L. M. DEVEIAP!?'lENT CORPORAT 70N BY; S/ Milton F. Flynn~ Presid _nt ~qq (SfAI) Corporate Sea2 AfPlzed ATTEST: S/ Mary F. Flvnn, Secretarv (SEAI) ' ~ 57 . oo ~ ( ~ ? State Revenue ~Ssiia/t~~aq~a~algi~t alaasl NOW, THEREFORE, the MORTGAGOR for the r rg pay 38 perfwmance of the i pu pose of iecu~i ment of said sum of s s and ihe covenants and agreemenn hereinafter expreased, and fw divers good and valua6le considerations, by thesa preaents, does grant, bargain, sell, remisq ~ rclease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, p'iece or parce( of tsnd, situate, (ying, and being in Ihe County of SL. LUC1Q and State of F(aida, dewibed as fottows: ~ # _ y Lot 6, Block 4, THUMB POINT, as per plat thereof on file in Plat Book 10, i page 79, of the Public Records of St, Lucie County, Florida., ? ; 3 ~ ~ e 3 i i ~ Y 7 oF FLQR DA ~ ~ STATE STAMP Tr.>.1 DOCUMENSARY _ . ~ cz DEPt_ Uf REYENUE sq ~ _ = ~:T ~~~,2 = - ~ ~ 5 7 0 01 o - P.~. ~ ~ d - o =~~~oz Rp~tYED J IN PAn~lEtti r~F TAXES DIIE ON CUISS'C INTAMGIBLE PERSONAL P~0?ERiY~ PURSUANT 70 CiiAP7ER 71-l31. ACiS OF lyil~ c~ ROGER POITRAS CLERK CIRCUIT COURT~ ST. LUCIE C0, FUl ragether wifh sll and singular the tenements, hereditaments snd appurtsnces thereunto belonging w in anywise eppcrtaining thereto, and all rents, iuues, proceeds and profits accruirg and to accrue from iaid premises, all of which are included in the above and foreyoing dewiptio++ ~nd habe~dum. TO HAVE AND TO HOLD the above described and granted premises unto tF,e ssid IIRORTGAGEE, its wc~cesson sr?d assig~s foreve~. Md th~ ssid MORTGAGOR for -1 t 5------ heirs, , executors, administrators and assigns, hereby covenants with !he said MORTGAGFE, it~ suttessors ~nd ~ssigns, rhat 1 t_ 1 S _ ~awfull uized of fhe said Y prem~sei en fee ~imple; tFrat the same ue free, ckar ~nd d~scharged from all liens ~nd sncum- brances in law or in equity, and that 1 t will and 1 t S hein ihsll warrant ~nd defend t}?e title to 1he s~me to the said MORTGAGEE, its successora and assigns, forever against the lawful clsims snd demands of ell persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefore described and shsll truly, promptly and fulty perform, diuharge, execute, complete, comply with and abide by each snd every the stipulatio~s, agreements, conditiora and coven~nri of said promissory note ~nd of this Mortgage, then this Mortgsge and tMe Estate hereby ueated shall cease and be null and void. IT IS UNDERSTOOD thst the word "Mortgagor" whether in the singvlar ot plwal anywhere in this Mutgage, shsll be sin~ular if w~e o~ly snd shall be plural joinily and severalty if more than one, snd that the word "their" as vsed anywhere in fhis Matgsye shall be t~ken to mean "his," "hen;' or "its;' wherever the context so implies o? admita. Also, thst wherever thcre is s reference in the covenants and agreements herein contairxd to any of rhe parties hereto, the ~me shall be construed to mean ss well a~ the heirs, legal represent~tives, s~ccesson and assigns (either voluntary by ~ct of the parries or involuntary by operation of tbe law) of the same and that the covenants herein contained shall bind and the benefits and edvantayes inure ro the respective he'us, legs{ representatives, successors and au~gns of the paAies hereto. And said Mortgsgors, fo. themselves and their heirs, (egal rep~ese~tstives, s~ccessors and assigns, hereby joint(y and severatly covensnt and agree to and with the said MORTGAGEE, its succeswrs and assigrts: 1. To pay a!I and sengular the principal and interest a~d the vario~s and sundry sums of money payable by virt~e of said promiuory rwte, and this mortgage, each and erery, promptly o~ the days respecrively the tsme uverally become due. 2. To pay •II and singular tFx taxes, assessmc~ti, levies, liabilities, obligations and encumbrance~ of every n~ture snd kind now or? s~id desuibed property, w that hereafter may be impo~ed, svffered, plxed, levied, w issessed thereon, w that hereafter may be levied ot asse~sed ~pon this Mort~- , a~e, a the indebtedness secured hereby, each and every, when due and p~ysble, accadi.~?g to law, befwe they become delinque~t. ~nd before ~ny interest a~taches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO TNE SAME SHAII SE PROAAPTIY SAIlSFIED AND OISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL pOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSED OR CERTIFIED) SNAII BE PtACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER FAYMENT; a~d in tf~e event that any tRereof is not paid, sat"siied and diuhsrged sa:d MORTGAGEf may at any time pay the same or any part thereof withovt waiving pr affeding any option, lien, equity or •~qht under or by virtue of this mortgage and the full amounr of eath and every s~ch payment shall be immediately due and payabk snd ihall be+r intereit ~rom the date thereol until paid at rate of nine per centum per annum and together w~th such intt~est shall s ur e licn of th:s morgtsye. ~NV11~~ ~