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Home My WebLink About1343 2~4268 . , w ~ ~ ~ ~ ~ THIS INDENTURE. AMd~ the 12th day of _ October A.D. 19 ~2 beMrten ~ Ward D. Davis an a 1~. 'Datvis. -his wife - af $t. I.~IC~@ , County Florids, M+ein~ftar deiiynated +s 11» "MORTGAGOR;' and FIRST fEDERAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a mrporatio~ «ganized ants existinp under th~ (awt of tM United Ststts of Ame~ica +nd havinp iri p~i~cipa) plate of i business in 1M City of Fort Pi~rce, St. luci~ County, florida, Mr~inaft~r desiynat~d a tFN "MORTGAGEE." WHEREAS tM MORTGAGOR is 'rystly indebted to tta MORTGAGEE in tAe sum of = 27 ~ 0~' good and lawful money of ~he United States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promisswy note of even date herewitb, of wh;ch the followinp In words and figurei is a trw copy. to-wit: , = 29 , 000. 00 10018926 ~.r P~.~., Fia;d,, October 12 ~y 72 For valve receivcd, 1, we or eithrr of us, prom~se to pay, without defalcation, 1o the order of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION Of FORT PIERCE at Fort Pierce, Fbrida, tfie sum of ; 27 ~ with interest irom date at the rate of 7• 5 96 per annum. ~1 ~+a+thly instalb ~,~j, menrs as follows: S 2~~ 0O a+ ~?~e 1.~-- da~ of Febru~r3L 19~_ ~~d a like sum on the cwrespondi~ day of eac~i month lherr , ti after until the whole be fully paid. ' Each installment first shall be applied in payment of the interest a~d the~ on the unpaid balance of the princ~psl sum. If d aulf h msde in fhe payment of any instatlment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the tenwini~g : \ ~nsrallmenti shall be due and payable at once. Privilege is given to prepay this note in whole w in paA at sny time without penalty. deithet forebearsnte, ~ nor eccept~nte by the holder thereof after any default in any payments he~eo~, shall be deemed exteniwn. A late pay~nent tharge of s 1%0` -.oQ shall be ~ ~a~ed te eath +ns!a!!.~nt rrnaPnir+g ~n~+a}d 7 dsys sfter its due date, and a like sum shall be added to each such installment remaininp u~paid 7 days aftet ~ ~ .,.each sutceeding payment dafe. ~ Exh maker, surety and endaser hereof, jointly and severally, waives demand, p?exntment protest and notice oF protest fw nw+psyme+~f, a~d further ~ agrees to a~y extension of time of payment, either betore w after maturity, without notice to any of us; and to pay all costs of collection, includ~ny a j r reasonab!e .;ttwney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under fhe ca+stitutwn and laws of each State of the United States, as against this obligation or any exte~sion or renewat hereof. ~ Witness the hand and seal of each party. s/ WaYd D. Davis ~Ai~ (SEAU s/ Neta M. Davis ~q (s~?u ~ $40.50 1 State Revenue ~ (yar~prcawWd~~iginrLoat~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of said sum of S~-~~~~ ~ and the performa~ca of tl+s covensM~ ard agreements hereinafter expressed, and fw divers good and vsluable considerations, by these presents, does gnnt, bar~sin, sell, remiie, release, convey and confirm unto the MORTGAGEE, its succeuws and suigns, all that certsin lot, piece o~ parcel of bnd, situatt, lyiny, and bein~ in the County of ~t. ~I1Cie and State of Flaids, described ~s follows: ~ J ~ ~J \ ~ Lot 12, Block 3126, PORT ST. LUCIE, SBCTION 45, as per plat thereof on file in Plat Book 16, Page 25A, of the Public ' Records of St. Lucie County, Florida i . ~ ~ ~ ~ s ~ STATE ~F FLORlDA ~ ~ ~ DOCUMENiARY~ /.-`.`b,, STAMP TAX ~ ,~/Q'~ °c~ pEPT.Oi REVENUE i! `~4 ' pECEN.Ep j--~~~'-- IN PAYHENT OF TAX6S N~ ' ' 'r~ 0:= Q~i CLASS Y'.' INTANGIBLE PE:•~~3i{'4L PROPERIY~ : _ - = ~:<<.~~2 ~ ~ 4 Q 5 01 r o=?.i. ~ pL'tiSi3ANT TO CFIAPTER 71-134, 11i.iS OF 1911~. j ~ ~ ~ 11102 ~ ~i~ ~IT~ i a f _ c~uc p~a oou~ sT. wc~ oa, ~u ~ together witF~ •II and :.ingular tl+e tenements, hereditsmentt ~nd appurtsnces thereuMO bebrginp or in anywise sppertai~kg the?eto, and all renri, iuws. proceeds snd prof~t~ xauing and to acvue from said premises, sll of which ue included in the abov~ and forayarg description and h+bendum. TO HAVE AND TO HOID the +bove dewibed +nd gr~nted premises unto the said NIORTGAGEE, its svaessoa +nd assip~a forwa. Md tlw said MORTGAGOR fw heirs, executon, sdministratws +nd auigns, hereby covenann with the s~id MORTGAGEE, ib s~xcesson and assipro, . rhst they, are lawfully se~zed of the ~sid p?emises in fes simple; 1h~t tM ssms ~re free, clear and discharped fran all lieru u~d ~ncwr~ 5 brarxes in law or in equity, a~d that thev w~~~ ~nd thelr hein shall wurant and defend tM titl~ to tht sam~ fo the s~Id MORTGAGEE, its ~uccessors a~d sssigro, forever syai~st the lawful da'uns and demands of ~II penons; ~ PROVIDED, AIWAYS that if the MORTGAGOR thall p~y unto the MORTGAGEE the promiswry note hereinbefore destribed and ~II truly, promptly ~ and fully perfwm, dixh~rye, execute, compkte, comply with and abide by each and every the stipul~tions, ayreemenri, conditian and covenants of said 4 promiuo?y note and of tha Mortgage, then this Mwtg~e and the Est~te hereby ue~ted ahal) cease ~nd be null ~nd void. ~ IT IS UNOERSTOOD that the word "Mortgagor" whtther in tht singulsr w plural anywF?et~ in this Mwty+pe, sh~ll be sirgvlu if o~e only snd ~ shall be plural jointly and ~everally if mwe than one, and that the word "their" ss used anywhere in this Nlatya~s shall bs t~ken to mea~ "his:• ••Mn;• f or "ib;' wherever the comext so implies or ~dmin. Alw, that wherever there is • refe?ence in tM tovenanb and agreemenri herein oont~i?xd to any o~ the p+nies hereto, the ssnw shall be construed ro mean ~s wetl u the hein, kyal representsthres, succeuors and usigns (eithe? voluntary by ~ct of tM parties or involunury by operation o4 the law) of the ~ame and that ths covenanb herein contained ~hall bind snd the benefib ~nd adv~Mapes inw~ ro the respective hein, legal representatives, successon and au'yns of the parties hereto. Md said N~wtgspon, fa themxlvn a~+d their heirs, legal representatives, s~cces~ors and auigm, he~eby jointly and iev~rally covenant and a~ree ro and with the ssid MORTGAGEE, its i~?ccessors and sui9m: 1. To pay all ~nd sin~vl~r the principal and imerest and the v~rio~i and s~ndry wms of ma~ey p+yabk by virtw of s~id prom~swry not~, ~nd this mortyaye, each ~nd every, promptly on the days respectively tM same severally becorn~ due. 2. To pay all and sirg~la~ the tsxes, sssessmenn, levies, liabili~ies, obtiy+tioeu ~nd ~ncumbr~nces of svery natw~ and kind naw on aid desuib~d ~ property, a that hereafter may be inposed. wffereA. Plaud, levied, a aues~ed thereon, a that hereafter may be Iwied a assessed upon this Matp- aye, a the ir~debtedn~ss sscured F~ereby, exh snd ~very, when dw and payabl~. +a.ordinp to law, btfon tF~ey becomt d~linquent, a~d befw~ ~ny intKnt sttathes w any pen~lty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL 6E PROMPTIY SATISf1ED AND DISCHARCsEO OF RECORD ANO THE ORIGtNAI OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SAitSFACTION PAPER OFFICIALLY ENDORSfD OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tF+e event that ~ny ttwreof is not paid, sat'sfied and discharged u:d MORTGAGEE rn~y st any time pay the same or any part thereof without waiviny w affectinp any opYro~, lien, eq~rity w •iqht under or by virtue of this mortgsge and the futl amo~nt of each and eve?y wch payment shall be immediately d~e ard pay+bk and ihill bear intaest ~rom the date thereof until paid at rate of nine per centum per annum and toqether with tuch interest shall be secured by the lien of th:s morptpt. ge~~ 20`~ ; ~,~r ~.3 ~3 ~ ~ ~ ~ : - - ~2~;~._,~