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Home My WebLink About1221 ~ i cor~RFCrive ~~or~rc.>~F 12th October 2~i1185p.p, 19?2y THIS INDENTURE, AAade t~e day of r ~ v A CharlPS E. Whitp Tnd Elaine J. White his wife of SL . LL1C 1 P Counfy Florids, hereinafter designared as the "MORTGAGOR;' snd FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, s corpora~ion or9anized and ex~sting unde~ the laws of the United S~etas of America and havi~p in ~incipal plsce of business in tM Ciry of Fort Pierca, St. lucie County, Flaida, hereinaftcr desiynated as tM "MORTGAGEE." WHEREAS the MORTGAGOR is j~~tly indebted fo the MORTGAGEE in the sum of ~ good and lawful money of the Uniled States ~dvancet! by the MORTGAGEE unto tM MORTGAGOR, as evidenced by a tcrtain promiuory note of evan date herewitF+, of which the fo!lowing i~ words and figures ii a true copy, to-wil: ~ ~ 1O0I8920 = 20 000.00 Fort Pieres, florids, OCtObc~I l2 ~q_72_ ~ Fa value ~eceived, 1, we w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSut1ATiOlV OF FORT PIERCE a1 Fat Pierce, Florida, the sum of f 2O ~ with inrereat from date at the ~ate of 7• 5% pe~ annum, in monthly instal:- ~nents as (oltows: S 1~2 • OU 1 SL day of ebrua ry ~ ~9 73 and a like sum on the correspond~r.g day of each mo~th there- after until the whole be fully paid. Each installment first shall be app~ied i~ payment of the interest snd then on !he unpaid balance of the princ~pal sum_ If d ault is made in the Nayment of a~y ins~atlment when due, and such default continues 30 days, then a~ ~he optio~ of the holder, and without any other notice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither forebearance, nx acceptance by the holder thereof after any defavlt in any payments hereon, shall be deemed exte~sion_ A late payment charge ef s 8' 1~ shall be added to each installment remaining unpa~d 7 days after its due date, and a likc sum shall be added to each auch installmenl remaining unpaid 7 days after each succeeding paymenl date. Each maker, surely and endorser hereof, jointly and severally, waives demand, presentment protest and notice of proteat for nonpaymenf, and further agrees to any exterts'an of t~me of payment, either befo~e o~ after maturity, without notice to any of us; and to psy all costs of collection, including a reasanable atrorney's fee in the event of any default hereunde~, and hereby severally waives all benefit of homestead and exemption under the constifuteon a~~d laws of each S~ate of the United States, as against this obligatio~ w any eatension w~enewal hereof. Witness the hand and seal of each party. (SEAL) s! ~ha r~es F . ~±R?2tP tSfR.El (SEAI) s/ Elaine J. Whit2 ( ~ 1 Stats. Qev~nu~ (Stamps 'CSnCtlled~n vrigtrtsh fICR!) 2O OOO . ~ ~ NOW. TFfEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S ~ and the perfo?mance of the ` covenants and agreements hereinalter expressed, and fw divers good and valusble considerations, by these presents, does grsnt, bargsin, sell, remix, F release, convey and confirm unto thp MORTGAGEE, its successors and assi9ns, all that certain lot, piece or psrcel of la~d, iituste, lying, and being in the County of St • Luc i e and State of Fiorida, described as follows: 1 ! ~ i~eginning 80 fe~t South of the Northwest corner of Lot S, in the SE'~ , MODEL LAND ! ~n~1pA~iY SURDIVISIO" of Section 23, Township 35 South, N'an9e 39 East, according to ! ~~lat thPreof in Plat Book 2, page 10, public records of St. Lucie County, Floric3a; rl~n southerly al~ng the east right of way of Cooiidge Road 180 feet to a point; ±h~nc~ easterly 245 fc~et to a point; thPnce ~rtherly 180 feet to a point; thence wc~sterly 245 feet to the Point of Beginning, "t'his mortqage re~laces a mortgage of like amount, same date, to Fii st Federal ! Savin~s anc~ Loan Associatien of Fort Piercp, Florida, on which the intanc~ible ; :>ersonal ~ronerty tax and the ciocum~r.tary stamp tax has already been naid. i 5~e Class "C" Int-angible Personal Property Recei~t No. 130226 ~ i ~ ; ~ i ~ • ~ 1 l. __I~ i ~ i~~ _ !N M!"+~N[ OF tArES ~ =J~SS'C' MItA~:61~lLE if..: P:c~Eii11~ } p~SWNi t0 CFiAP~ER 71-134. ACiS Of 1'J~l. ~ c~,r ~ RD6EJt POR~AS rl ` El~t {~1T ~Ql1Q~ iT. 111CK ~ N~ 's togNher with all snd singular the tenements, hereditaments and appurtsnccs thereunto belo~ging a in ~nywise eppertsininy thereto, and all rsnri, iswss, prxeeds and profits accruing and to acuue f~om said premises, all of which are included in the above and fwe9oinp dewiptwn and hsbend~m. TO HAVE AND TO HOLD the above dew~bed and granted p~emises unto the said MORTGAGEE, its successors +nd +ssiym forever. And tM ~aid _ t}lel t MORTGAGOR for heirs, execwors, administrators and assigns, hereby covenants with the said MORTGAGEE, its wcceawn ~nd ~uiyro, ; tl'le a re ~ ihat lawfully seized of the said premixs in fee simple: tMt the same are fras, clesr snd disch~r9ed from ~II liens and encum~ i brances in law w in equity, and that they w~~~ a~ their ~~n shall wsrrsnf ~nd defend the titk to the ume to 1M s~id MORTGAGEE, its successors a~d suigns, fwevcr against the lawful claims and demands of atl persons; ^ PROVIDED, AlWAYS that if the MORTGAGOR shall pay umo the MORTGAGEE fhe p~omissory note hereinbefore dewibed and sh~ll truly, promptly ~ and fully perform, diuharge, execute, compkte, comply with and abide by each and every the stipulations, ~greemenri, conditions and covenants of said ; ~ promisswy note and of this Mortgsge, then thi~ Mortgsge and the Estate heroby created shall cesse snd be null +~d w~d• ? ~ IT IS UNDERSTOOD thst the wwd "Mwtgsgw" whetF~cr in the singulsr w plunl anywhere i~ this Mortg+ye, shall be singula~ if on~ only and shall be plural jointly and severally if more thsn ooe, and that the word "their" as used anywhere in this Mwt9sge tF~+ll be t~ken to rrKSn "his;' "hen," or "its;' wherever the context w implies or admits. Also, that whtrever there is • reference in the covenants ~nd aQ~eemenri herein tontsined t0 ~ny o1 the parties hereto, the same shall be construed to mean as well as the hein, kqal representatives, successon +nd asipm (eitF~ voluntary by acl of tM parties or involuntsry by operatan of the law) of tF?e ssme +nd that the covcnants herein contained shall bi~+d and the benefits and ~dvantag~s inur~ to tFK respective heirs, legsl represenfatives, successors and ass~gns of the partiq hcreto. And ssid Mortgsgors, fw themselves and their heirs, legsl representatives, iuccessws and auigns, hereby jointly and sevaally covenant and ~yree to a~d with the said MORTGAGEE, its successors and assigns_ 1. To pay all and singular the principal and interest and the ve~ious s~d svndry wms of money payable by virtve of s~id promissory note, and tF?is monysge, each ~nd every, prompfly o~ the days respectively the same ieverally become due. 2. To pay all and sirqvlar the taxes, assesunents, levies, lisbilities, obliyatiau and entwnbrances of every natwe e~d kind now on said described properry, a that hereafter may be impwed, suffered, platcd, levied, w~sussed thereon, or that here~fter may be kvied or usessed upon this Morf¢ aye, or the indebtedneu sec.~red hereby, exh and every, when d~re and payable, sccwdirg to law, before they become delinque~t, ~nd befwe ~~y i~»rat attachei or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTtY SATISFIEO AND OISCHARGEO OF RECORD AND TME ORIGINAL OFFICIAI DUCUMENT iSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAtIY ENOORSED OR CERTIf1ED) SHAII BE PIACED IN 1HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~ the evenf that a~y ihereof is not paid, sst'sfied and discharged sa'd MORTGAGEE may at any time pay the ~ame a any part thereof withoul waiving w affectiny sny option, lien, equity or .iQht under o? by virwe of this mortgage and the full amount of each and every such payment shall be immediately due and psysble and shall besr intaest ~rom the date thereof until paid at rate of nine per centum per annum ~nd together w~th suth inte?est shall be secured by the lien of th:s motgta~l. °~RK 207 ?a~~t 1221