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Home My WebLink About0920 iGaf~:!'l~3 ~ • THIS INDENTURE, Mada Ihe 13th day of October A.~. 19 72 between _ Warren E. Farley and Lorraine A. Farlev~ his wife • • . of $t • L'uCi@ Counry Ftw~da, hereinaiter deignated as the "MORTGAGOR," and FiRST FEDERA~ SAVINGS AND IOAN ASSp~1At10N OF FORt AIERCE, a corpwai~on wgani:ed and exiitirx~ unde~ the laws of ths United Stat~~ of America ~nd haviny iq principal place of ~~siness ~n the tity of Fort Piace, St. l,x+s County, Flo.icla, he~ei~aiter desipnated as ths "MORTGAGEE:' WHEREAS ths MORTGAGOR is jv~tly indebted to the MORTGAGEE in tF?e sum of Z 21+2~~~ , pood snd lawful moaey of the Un~ted ~ Srates advanced by tAe MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even date herewitF+, of which the (ollowing in ~ words and f' ures is a true copy, to-wit: s 21,20~.00 ~ 10018932 Fort Pierce, F(orida, Oetober 13, ~y 72 i iw value rece~ved. I, we or either of us, promise to pay, witFwut defalcation, to the order of FIRST FfUERA! SAVINGS AND LOAN ASSOCIATION OF FpRT PIERCE at Fort Pierce, Flwida, 1he sum of j 21;2~•~ with interes? f~om date at the ?ate of 7~5 °,o pe? annur~+, in monthly i~s1a11- ments as fotlows: 3 25? ~~Q o~ tne day of February ~q 73 ~ I;lt! S~~m on tF~e cwresporuiing day of each month the~e- ; airer until the whole be fully paid. Each installment first shall be applied in payment of the interest and lhen on the unpa~d balance of the principal s~m. tf d ault is madt in tha ~ ayment of any insta(Iment when due, and such deFault continues 30 days, the~ at the option ot f1~e holder, and without any other notice, all the remaining ;nseallinents shall be due and payable at once. Privitege is given to prepay this note in whoie w in part at any time without penalty. Neithet lorebearance, nor acceptance by the holde? the~eof afre~ any default in any paymenfs hereon, shall be deemed extension. A late payment cha~ge of S 7•85 , shall be added fo each ~n:tallment remainirg unpaid 7 days after its due date, and a iike sum shall be added fo each such installment remaining unpaid 7 days after rach succeeding payment date. Each maker, surety and endorser hereof, jointly and sevcrally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extensiwi of t~me of payment, either b~iore or after matu~ity, without notice to any of us; and to pay al! costs of collection, including a ? reazonable atro?ney's fee ln the event of any defaul~ hereunder, and hereby :eve~ally waives all benefit of homestead a~d exemption under the conititulion and laws of each State of the United States, as against this obligation w any extension o? renewal hereof. W~tnesa the hand and xa{ of rach party. . S/Warren E. Farley (SEAL) S/Lorraine A. Farley (SEAI) , (SEAI) $ 31 ~ 80 ) State Revenue , «U ~ . WOW, THfRfFORf, the MORTGAGOR iw the purpose of srcuring psyment of said sum of = 21 ~ 2~ ~ ~0 , snd fhe performance of ths covenanls and agreements hercinafter expressed, and for divers good and valuable considerations, by theu presents, dxs grant, bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its :ucceswrs and auigns, all that certain lot, piece oi parcel of land, situate, lying, and being in the County of St• LUC1@ and State of Fb~ida, dexrikxd as follows: ~ Lot 10~ Block 48~ IAKEWOOD PARK, U[YIT 5~ as per plat thereof on file in Plat Book 11~ page S~ recorded in the public records of St. Lucie County, F2orida.? . 1--- o~ ~ R ~ A t N - j- A"j'~ S1prAP t r• ~ ~ . " r" ppCUMfNtARY~~r~'-, ~ _ E~~~~f _ g 01 ~ OEPT.Of R ` ~ ~ ~ yyyi 11 J , ~o q ~ ~ PB... •`•-H~ G . ~ iN r~mr~rt ~ t~s n~' ar.- o, C1ASS 'C INTANGIBLE *ER.90MAL ~IIOPENIY, ~ P?'3Su,thf TO CIfAPTEP, 71•13~, ACTS OF 19)1. r R06ER POITRAS ~ y Cl.ERK CIRqIR OOURT, ST. LUCIE pp~ FL~ / i j rogether with all and singular the tencments, hereditame~ts snd sppvrtances thereumo beloeging w in anywise appertaininp the?eto, and a(I renri, issues, ;i p~oceeds and profits accruing snd to accrue from said premises, all of which ue included in the above and fo?eyoinp dexription ~nd habendum. ~ TO HAVE AND TO HOtD the sbove described a~d granted p~emises unto the s~id MORTGAGEE, iri iuccessors a~d assiyns forever. And th~ s~id 5~10RiGAGOR fu - thelr heirs, executon, adminisrrators and auigns, hereby covensnn with the said MORTGAGEE, itt ivcceuws snd ~sii~ro, rhat they_ are i,,Wfu~~Y xized of the said premises in fee simplr, that the same sre free, desr and dixharged from all lienf and encum- brnnces in law or in equity, and that t~v will and their heirs thsll warraM aod defeod the title to tl?e sams fo tht taid MORTGAGEE, its successors and assigns, forever sgainst the lawful cleims and dema~ds of sll persons; PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MOR:GAGEE the promissory note hereirtbefore dewibed and shall truly, p~omptly ared fu!!y pe?form, dluhsrge; execute, complete, comply with and abide by each and every the stipulations, agreemeMS, co~ditio~s and tove~aMS of said prom~ssory note and of this Mortgage, then ihis Mwtgsge and the 6tate hereby created shall ce+se and be null and void. IT IS UNDERSTOOD thst the word "Mortgagw" whether in the singular or plural anywhere in this AAwtgage, shell be si~yular if one only ~nd , shall be plural jointly and seve~ally if mwe then one, and that the word "their" ss used anywhere in this Mortgage shall be taken to mean "his;' "hen," or "its;' wherever the context so implies w admits. Also, 1Mt wherever there is s referente in the covenants and agreemenn he~ein contained to any of ~ the parties hereto, the same shafi be cor?strued to mean es well as the heirs, legal rep?esentstives, successwi •nd asi~gns {eithet voluntary by act of the parties o~ involuntsry by operation of the law) of the same and that the covena~ts he~ein tontained s~all bind and the be~efiri and adv+ntsges inur~ ro the respective hei~s, legsl representatives, successors and asa'gns of the parties hereto. And said Mortgsgors, for thcroselves and tFxir heirs, iegsl representatives, successors and auig~, htrcby joinlly and severally coven~nt and ayree to snd with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular tlx principal and interest and the variovs and sundry sums of money payable by virtue of said promiuory note, and thi~ mortgage, each and every, promptly o~ the days respectively the same seve?afty ixtortse due. 'i 2. To psy all a~d singulsr the taxes, a~ussmems, levies, Gabilities, oWigstions and encvmb?ance~ of every natwe and kind now on said described p,operty, or that hereafter may be imposed, suffcred, pl~ced, levied, or ~uessed thereoe~, or ~hst hereafter msy be lev'~ed a aaussed upon thls Mwtg- ~ age, w the indebtedness secured hereby, exh and every, when due and payable, sccwdirg to bw, befwe tixy become delinyuent, snd before ~ny Fnter~r i artaches w any penalry is %~+cu~red; AMD INSOFAQ AS ANY THfREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SAiISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ! OR CERTIFIFO) SHAII BE PIACED IN ?HE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in tAe evem that any thereof is not I paid, sat'sfied and discharged sa:d MORTGAGEE msy at any time pay the same or any part thereof without waiving w affetting sny opYwrf, {ien, equify w •iqht under w by virtue of this mortgage and the (vll amount of esch and eve?y such payment sh~ll 6e immediately due and payable +nd shalt be~r interest ~rom the date thereof until paid a? rate of n~ne per centum per annum and together with such inte~est shall be seQcuR b the lien o( th:s morgtage. ~ bflt}X ~.V ! YACE