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Home My WebLink About1105 16th '~4~112 October 72 THIS INDEVTURE, Made the day oi A.~. 19_._. between Pledger C. Coalson an~ Dorothy Coalson, his wife of St . L.UC 1P , County Ftorida, hereinafter desgnated aa the "MORTGAGOR," and fIR$T FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a c~~porat~o~ or9ani:ed and existing under the lawi of ths Un~ted S~atos of America a~d Aaving its principal place of ; business in tM City of Fort Piace. St. lucie County, Florida, hereinafter desynated at ths "MORTGAGEE." ' WHEREAS the :~ORTGAGOR is jwtly indebfed 1o the MORTGAGfE in t1a sum of = 31 ~ 800. ~O , good and lawiul money of the U~1ted Siares advanced by >he MORTGAGEE unfo the MORiGAGOR, as evidenced by a certa~n prom~uwy ~ote of even date herew~th, of which the followinp in ~ words a~d figures is a true copy, to-wit: s 3i,800.00 ~ 10018947 Fo~t Pierte, Flaids, ~tObPI I6 ~~Q "'--7- For value received, 1, wz or either of us, prom~x to pay, withou! defalcation, to the order of FIRST FEDfRAI SAVINGS AND LOAN ASSOCI/1ZIpN OF ~ f02T PIERCE ar Fort Pierce, Florida, the sum of S- ~~1~80~ w;th ineerest from date at the rafe of 7• 5°,~o per annum, in month~y install• ~ ~~~rn;s as fol!ows: S 236.~0 on the ~ St day of December 19-72 and a like sum on the cwrespondirx~ day of rath momh lherp- atter un~il !he whole be fully paid. Each installment firsf shall be applied in payment of Ihe ~nterest and then on the unpa~d batance oF the p~inc~pal sum. If d ault is made In the ~ q a~menf oi any insiaumertt whe» due, and such default continues 30 days, then at the option of thr holder, and without any other notite, aR the remeining ;~~srallments shail be due and payab!e at once_ Privil<~~ given to prepay this note in whofe or in part at any time without penatty. Neither forebearance, ~ n~r acceptance by the holde? thereof after any defauh in any payments hereo~, shall be deemed exte~sion. A tate payment charge of s~'1•8O shall be added to each instaliment remaining unpa~d 7 days after its d~e date, snd a like sum shall be added 1o each such installment remaining unpaid 7 days after each succeeding paymeM date, Each fnaker, surety and e~dwser hereof, jo;ntly and several!y, waives demand, presentment protest and notice of protest fw nonpayment, and fvrthtr agrees to any extension of tirr.e of payment, eitteer before or after matu~ity, wirhout not;ce to any of us; and to pay all cosls of colledion, including a r~~asonable attorncy's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under ihe tonstitufwn ` _~~d laws of each State of the United States, as against thii obligation or any extension or renewal hereoF. Witness the hand and seal of each party. ~ (SEAL) ` s/ Pledger C. Coa lson (SEAI) csenu . s Dorothy Coa 1 son ~U ( ~~7 ' 7O ~ Stats Reven~e ~Starnpa cancsll~d ~n v:igiiuL+~ote~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of j 31 and tl~e performance of ths covenants and agreements hereinafter expressed, and fw divers good and valuable considerations, by these preaents, does granf, bargain, sell, rem;se, release, convey and confirm u~to the MORTGAGFE, its successors and assigns, atl that certain lot, piece or pa~cel of land, situate, lying, and being in the Cou~ty of St . LUC le and State of F{orida, desuibed as follows: The East 6 feet af Lot ~ and thF t;'est 63 feet of Lot 5, Block 2, CO[JNTRY CLUB ESTATES SUBDIVISION, as rec:ordec~ in Plat Ei~ok 10, n:~c~~ 33, of the ~ublic records of St. Lucie County, Floric~a, - STTATE FL..ORiDA~ ~/A _ ~ ~ S TA M F i t• > ~ Ik ?!rf~fNT oi lNCES ~Z DOCUMENTARY.~~..__._.~--- - ! AE~Ei.EO S ° 0£PT. Of REVENJE _ s ~ D;k" C•: ~•R:~ '~:+GIBIE ~[~::J~f~l P40~'ERIt, ~c ^ 4i.i~972 ~ 1. 7 ~ ~ PURSIlANT TO CMP'E? 71•131. ACTS Of 19/I.`'!J ~c o = P.8- ,o ~ , R06F1~ POITRAS t~~ot q~ GIICWT A. IJlCE F11L o - rogether w~th afl and singular the tenements, hereditaments and appurtsnccs thereunto belonging or in a~ywise appertaining thereto, and all rents, Issuts, pr«eeds and profits accruirg and to accrue from said premises, all of which are irKluded in the above and foreyoing destription and habendum. TO HAVf At~Q TO. HOlO tbe above described ar+d granted premius uMO the said lNORTGAGEE, its succeuors a~d assigns fwever. And th~ said ttlei r ' MORTGAGOR for heirs, executws, administrators and assigns, hereby covenaots with the ssid MORTGAGEE, it~ successws +nd auipns, LhP are ~awfull seized of the said rhat -Y----- y premises i~ fee simple; that the same are free, clesr and dixharged from ~11 liens and encvm- brances i~ law a in equity, and thst they W~~~ a~ thei r hein shall warrant and defend the title to the ssen~ to the s~id MORTGAGEE, its successors and assi9ns, faever agsinst tFro tawful claims and demands of a!1 persons; PROVIDEO, ALWAY5 that ii the MORTGAGOR shall pay unto the MORiGAGEE the promissory note hereinbefwe desuibed and sh~ll fruly, prompfly and fully perform, d~uharge, execute, complete, comply with and abide by esch and every the stipulations, sgreements, co~ditiau and coverunts of said promiiswy note and of this Mortgage, then this Mortqage and the Estate hereby ueated shaN cease ar~d bc null and void. IT I$ UNDERSTOOD tF~at tix wwd "Mortgagor" whether in the singvlar or plural anywhere in this Matgage, shall be singulsr if ons only ~nd shall be plursl 'pintly and severally if more than one, and that the wad "their" as used +nywhere in this Mortyage sh~ll be fsktn to me~n "hi~," "her~;' ~ or "its;' wherever the context w implies w admits. Also, that wherever there i• s reference in the covensnti and agreements herein tontai~d to ~ny of ' tne perties hereto, the same shall be construtd to mean as well as the heirs, legal representstives, svccessors ~nd assigns (either voluntary by act of the parties or involunfsry by operation of the law) of the ssme and that the covenants herein contai~ed shall bind and the benefits +nd advants9e~ inur~ ro the respective heirs, legal representatives, successors and ass'gns of the pa~ties hereto. And said Mwtgsgors, fw themselves arK! their iroirs, legal reprouMatives, successws and sui9ns, hereby joiMly and severally coveeant ~nd ayree fo and with the taid MORiGAGEE, its successors and asiigns: 1. To pay all and singular the prirxipal •nd interest and the var'wus and sundry sumi of money payable by virtue of ssid promissory note, +nd this mortgage, each ~nd every, promptly o~ the days respectively the same seve~ally become due. 2. To pay all snd ~ingular the raxes, astessment~, levies, liabilitics, oblig~tions and encvmbrances of every nature and ki~d rww on said desuibed property, w that hereafter may be imposed, suffered, placed, levied, w assessed thereon, or that hereafter msy be levied or assessel! upon tha Mwt¢ age, p the indebtedness secured hereby, esch and every, when due and p~yabte, accordi~g to law, befo~e they becane detinqueM, and befwe any i~tereit , attaches w any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS Q~ RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF RE~ORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX REGEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSED OR CERiIfiED) SHAtI BE PLACED IN 7HE HANUS OF SAID MOR7GAGFE WITHIN TEN DAYS NEXT AFTER PAYMENt; snd in the event that any thcreof is not , paid, saYsfied and distharged sa:d MORTGAGEE may at any time pay the same ot any part thereof without waiving or affetting any option, lien, eqvify or •~aht under w by virtue ot this mortgage and the futl amount of each and every such peyment shall be immed'earely due and payable and shsll be~r interest ~.om the date ~hereof until paid at rate of nine per centvm per an~um and together w~th suEh interest shall be secur d y the lien of th:s morgtayt. ~ ao~K207 ~,~F11~~ ; , ~''u . - ~~~p ,...~:~;`:a