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Home My WebLink About1107 24~~13 . THIS INDENTURE, Mad~ the 9th day of ~t'~~r A.D. 19 72_.,, betwe~n Donald E. Bell and Margar~t 4?. Bell, his Wife, of _ ct. Lucie Co~nty Florida, hereinafte? designared as the "MORTGAGOR," snd FIRST FEDERAL Y~VINGS AhD IOAN ASSOCIAiION OF FORT PIERCE, ~ mrporation wgar+ized and existing u~der the laws of the United Statas of Americ• and hav'mg its prlncipal plxe of bu~ines~ in ~1N City of Fat Pierce, SI. lucis County, Flaids, F?ereinafter designated a~ tM "MORTGAGEE:' WHEREAS the MORTGAGOR +s ju~~ly indebted to the MORTGAGEE in the sum of =~+2~•~ , good and lawful money of the Un~ted State~ advanced by the MORIGAGEE unto the MORTGAGOR, a: evidenced by a certain p~omiuory note of eve~ date herewi~h, of which the (ollowing in words and i~3u~es ~s a;?~ ~~-a,. ;~,.,,.;t: 10018910 s ?,2~-00 ni, fwf Pieres, fforida, ~ctober 9~ 19 ?2 Fw value received, 1, we w either of us, promi:e to ay, without defalcai~on, to the order of fIRST FEDERAI SAVINrGS AND LOAN ASSOCIAT~ON OF FORT PtERCE al Fwt Pierce, Florida, the sum of f?~2~•~ with interest f~om date at the rate of7'77o,e per annum, i~ monthly insfall- ments as fol!ows: =68•~ on the 13t day of Deeember ~p ~2 and a like sum on the correspondi~g day of each month there- after until the whole be fully paid. Each -installment first shall be applied in payment of the interest and then on the unpaid balance of the princpal sum. If d ault it made in the payment of any installment when due, and such default continues 30 days, lhen at the option of Ihe holder, a~d without any other notice, all the remaining installme~ts shall be due and payable at once. Privilege is given to prepay this note in whole or in part st any time without penalty. Neit r iwetxarance, fNX af.lr iei~ta u 't..... . J_[_:.1. i a v r~~ - ' ~ sti F+r dPemed exrension. A late payment charge of = 3• 0 shell be added to each insYaltment remaining unpa~d 7 days after its due ~date, and a like sum shali be added to each such instal~ment rema~mng unpaia i days sfiar each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and fu?ther agrees to any extension of time of payment, either before or afte~ maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any defauh hereunder, and hereby severally waives all benefit of homestead and exemption under Ihe constitution and laws o( each State of ttx United S~ates, as against this obligatio~ o~ any extension or renewal hereof. W~tness ~he hand and seal of each party. S/ Donald E. Be11 ~Aq tsen~) S Margaret W. Bell ~Ai~ ( ~1~.8~ ) State Revenue (Stamps cancelled on origina! note) NO'JV, THEREFORE, the MORTGAGOR for tF~e purpose of secvring payment of said sum of = 7~2~•~ end the perfwmance of the covenants and agreements hereinafter e:pressed, and for d~vers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, a~d being in fhe Covnry of 5t+. Lueie and State of Fbrida, dewibed as foltowt: ow s Lot 10, Block 8, TUCKER TERRACE SUBDIVISION, according to a plat thereof on file in = Plat Book lt~ page 5lt~ Public Records of St. Lucie Caunty, Florida,-'" STATE oF F~-OR~DA~ ~r STAMP T~~. ~ . ~ D~CUMEN~AR`f - oY - : ~ pEpr ~1F REVENUE ' ~ K~ N _ _ Uy1~YT2~` 8 o PB.~ ~ ~ 11102 ~ . a , jj G RECEIYED S ` ~ ~ tN PArtaEhT Of tNCES DiIE 0(y CIASS 'C' INIANGIBLE PERSO~t.it PROPERiY, ~ - pURSUANT 10 CHAPTER 71•134. ACTS Of 19)1. ~l~~i ROGER POITRAS ~ ~ p~if( GRWlT OOUitT. ST. WCIE 00. F1J~ ,i ~ I together with all and singular the tenements, hereditameMS snd appurtances thereunto belonging w in anywiie appertainin9 therero, and dl rentt, is:ues, ~ proceeds and profits accruing and to accrue from said premises, all of wh;ch are included in the abovs and foreganp dexription and h~bendum. ~ TO HAVE AND TO HQIDi~ above described and granted premises unto the said MORTGAGEE, its successors snd assi9ns fwever. Md tM s~id I MORT AGOR for *'1~ heirs, executors, administ~ators and assigns, hercby covenants with the said MORTGAGEE, ita succeston end ~stgM. ~ ~he.y_ are A that - lawfully seized of the ssid premises in fee simple; that the same sre free, cleer and diuharged from sll Iiem ~nd ~ntum~ brances in law or in equ~ty, and that th@y W;~~ a~ the ir ~~~s shall wsrrant snd defend the title to the s~ms to ths said MORTGAGEE, its successws and assigns, forever against the tawful claims and dem~nds of all pertorn; PROVIDED, ALWAYS that if ihe MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefote dewibed u?d shall frul , Y W~+P~~Y and (ully periorm, discMrge, e~cecute, complete, comply wi~h and abide by each ~nd ewery the ttipulations, agreements, conditia+s a~d covenants oi uid promissory note and of this Mo?tgsge, then this Mortgsge snd the Estate hereby ueated shali cease ar+d be null and void. IT IS UN~ERSTOOD that the word "Mortgagor" whe~her in the singuter w plural snywhere fn ihis Mortgsgc sh~ll be sinput~r if one only and sMll be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Matgsge shall be taken to mean "hi~;' "hen;' ~ or "iti;' wherever the co~text w implies or admits. Also, that wherever there is ~ reference in the covenants ~nd sgreemenb herein conf~ined to any of the parties hereto, the same shall be construed to mesn as well si tbe heirs, leyal representatives, successors and a~signs (either voluntary by act of fh~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the be~efin ~nd adv~nt~yn inwe to the respective heirs, legal repreuntatives, successors and ass'gns of the parties herefo. ~ And said Mortgagon, fo~ themsetves and their hein, lega! represcntatives, successors and auigns, hereby joiMly a~d severally covenant and ~yree . Ii to and wrth the said MORTGAGEE, its successas and assigns: 1. To pay sll and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and ~hi~ I mwtg~ge, each and every, promptly on the dayt respectively tlx same sevealty betome dve. ~ 2. To pay stl and s~ng~lsr the tsxes, assessments, levie:, liabilities, obligations and erxumbr~nces of every nature and kind now on said described property, or that hereafter may be impoted, suffered, placed, levied, w assessed thereon, or thst hereafter msy be levied p asses~ed upon fhis MorfQ~ I +ye, a the indebtedness secured hereby, each snd every. when due and p~ysbte, accading to law. before they becoms delirpvent, and before any ime~es~ atrache~ oi any penalty is inc~rred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTLY Sl4TISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfffCIAILY ENDORSED i OR CERtIf1E~) SHAII BE PWCED IN THE HAMDS OF SAID MORTGAGFE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that aoy thereof is not paid, saYSfied and discha~ged sa:d MORTGAGEE may at any time pay the same a any part thereof without waiving or affecting any optwn, lien, equity a .iqht under or by virtue of this mortgage and the full amount of each and every such payment shatl be immediately due and payable and shall bea? interdt ~rpm the date thereof until paid at rate af n~ne per centum per annum and together w~th su i r ~jbe secu~~~t~iien of th:s morytsye. ~G~ 1 Fi,t;f 7 - ~::=~~n . 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