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Home My WebLink About1555 z~o4~~ t~ ; . TNIS INDENTURE. Made the `~~~t}~ day of ~>ct~ber A.O. 19 between t•fl:t'['Y'~'fi4Tt~F~!? 1~V{~STt•ir~r co., INC., a Florida C'~rnaration St. LuciP of County Florida, here~na{te~ des~gnared as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND l0~?N ASSOCIAT~ON OF iORT PIERCE, a corpaat~on organized and ez~s~~ng under fhe law~ oi the Un~ted Statas of America ~nd having it~ principal placa of busines~ in the City of Fo~t Pierce, St. luue County, Florida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MUKTGAGOR is justly indebted 10 ~he MORTGAGEE in the sum of S 1 S~ 70n.On , good and lawful money of the Un~ted Siates advanced by the MORTGAGEE ~nro ~he MORTGAGOR, as evidenced by a certain promissory note of even date hereweh, of wh;ch the (ollowing in w•ords and i~gures is a true copy, to-wit: s 15~7O0.00 No 10018963 Fort Pierce, Flwida, Oc tob~ r ~ O ~q 72 Fo~ value received, 1, we or either of us, prom~se to pay, without defalcation. ~o the ordrr of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of 5---1~ w~th ime~es? from date at the ~ate of7 • 5 :o per annum, in monthly instat!- ~ n,ents as fol!ows: S-1 on ~he 1 St day of Febru~+ ry ~y 73 and a like wm on the correspond~ng day of each month there- y after umil the whole be fully pa~d. Each installment fiist sfiall be appGed ~n pay~nent oF the interest and then on the ~npa~d balance of tke p~~nupal sum. If d ault is made in the - ~ a~ment of any insta~lmero when d~e, and such default continues 30 days, then at the option of the ho~der, and without any other noNce, all the remaining ~~srallments shall be due and payabie at once. Priviiege is given to prepay th~s-oote in whole or in pa~t at any time without penalty. Neithe~ forebearance, nor aaeptance by the holder thereof afrer any deiault in any payments hereon, shall be deemed extension. A late payment charge of S~~ 35 shall be ~ ~ddzd to eech installment rema~n~ng unpa~d 7 days after its due date, and a like sum shall be a~ded to each such insiailmem rema~ni~g unpaid 7 days after ~ each xucceeding paymeM date. Each maker, s~rety and endorser hereol, jointly and seve~ally, waives demand, presentrnent protest and notice of protest fw nonpayme~t, and further agrees fo any extens~on of t~~re of payment, c~ther before or after mawrity, wirho~t notke to any of us; and to pay alt costs of col!ection, includ~ng a ' reasonable attorncy's fee in the event of any de`aulr hereundzr, and hereby severally waives all benefit of homestead and ezemption under the tonstifution . .~~~d laws of each S~ate of the Unrted Srates, a~ ayamst this obl~gation or any extens~oo w renev.al hereof. ~ W~tnes: the hand and seal of ea~t, p3~ry. t•1f:RrY!~~E: ;T!{!iP IIVV{:ST~~1EPdT CC~. ~ IVC. ~y. s/ losc~h Peoni, Presic?~nt (SEAI) ~ (SEAL) CAT!bT:ft(~ Se:+l Affixc~ci :'~TTEST: s Blanche Peoni, Sc~cret~ry ~A~~ C'~ 3~ 5 ti tSEAI) y~, ) State Revenue iSiaw~Prcawcolled ~ ~rigiw~l ~ste) 15 700.U0 J NOJV, iHEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of : ~ and the performance of the ' covenants and agreements hereinaiter expressed, and for divers good and valuable considerations, by tF~ex presents, does groM, bargain, sell, remise, reiease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St . 1_UC1C' and State of floiida, described as follows: '.~'~st 18.7 tc>c~t oF Lot 21, all Lot 22 an~~ the Fast 18.7 feet ot (nt 23, Rl~ck 1, ~1I:1~R[tti'HAl'!1!?(' oAf?K St1~iI?IVISIO*:, :~s -~c~r nl:~t th~reof ~n filc~ in Plat F3ook 6, ~age 16, of th~ public }'~corc's of St. Luci~ County, Floric~a, j i co ~ m STATE flF FLORIiDA 1 ~ ~r DOCUMENTARY,~;-~STAM~ ;t,~ ~ ; sr JEPT. UF REVE1tUE t~ N C iN Pa~~~~;T OF TAXES ~ ° = Pa. = r2 , ; `L - C~ 1 ~MFD „ : - ,~~~Een 9 a `~rio2 ~ WE ON CUISS'C' tN~AK..1BlE . a , ' PURSIWii i~0 CFIAPTER 71-134. ta.:iS (~t ls/1. ~ ROliER POITMS ~ ~ pFRK G~11jT CAURT~ Si. Wc~E o0, ~A togNher with all and singutar the tenements, heredilaments and appurtances thereunto belonging or in anywise appertaining ihereto, and alt renb, iuves, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing deuription and habendum• TO HAVE AND TO HOID the above described and granted premises unto the ssid MORTGAGEE, its successors and assigns fwever. And tM said h10RTGA~OR for --1 t~------ he~rs, executors, administrators and assigns, hereby tovenants with the said MORTGAGEE, it~ successors and auipro, ~ 1L_iS_____ ~hat - - lawf~lly se~zed of the uid premises in fee simple; that the ssme are free, tlear and diuharged from all liens snd encum- ~ brances in law or in equity, and that 1 t will and 1 t G heirs shall warrant snd defend the title to ihe s+me to the said MORTGAGEE, its successws and sssigns, forever a9ainst the lawful claims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MG~TGAGEE the promissory note hereinbefwe deuribed and shall truly, promptly and fully perform, d~uharge, execute, complete, comply with and abide by each and every the stipulations, agreements, condi~iwis and covena~tt of said ~ prom~ssory note and of this Mortgage, then this Nbrtgage and the Es~ate hereby created ihall cease and be null and void. ~ IT IS UNDERSTOOD that the word "Nbrtgagw" whether in the singular w p~ural snywhere in this Mwtgage, tball be singular if orw ooly ~nd shall be plural jointly and severally if more than one, and that the word "theii' as used +nywhere in this Matgage shsll be taken to mea~ "hii," "hen;' o. "its," wherever the contexl w implies w admirs. Also, that wherever there i~ a reference in the covenanri and agreements herein contsined to any of fhe parties hereto, the same shall be construed to mean as wel! as the heirs, legal representatives, •uccessort and sssigns (either voluntary by ~ct of the ~ pa:ties or involuntary by operation of the law) of the same and Ihot the covenants herein contained shall bind and the benefits and advant~ges inure ~ ro the rospective heirs, legsl repreuntatives, succe:sws and asvgns of the parties hereto. ~ And said Mortgago:s, for themselves and ti~eir heirs, legal representatives, succesw?s and assigns, hereby jointly and severslly covenant and syree ~F ~o and with the said MORTGAGEE, its successors and ass~gns: ~ 1. To pay all and s~ngu~ar the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this ~ mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular rhe taxes, assessments, levies, liabilities, obligations and encumbrsnces of every nature snd kind now on said dexribed - property, or thst hereafte? may be imposed, suffered, placed, levied, or assessed thereon, w thet hereafter may be levied w assessed upon this Morty- age, a Ihe indebtedness secured hereby, each and every, whe~ due and payable, according to law, before they become delinquent, and before ~ny interest artaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DtSCHARGE~ OF RECORD AND TME ORIGINAI OFFICIAL DOCUMENT (SU~H A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ihe event that sny thereof is not ~ paid, saYSfied and discharged sa'd MORTGAGEE may a~ a~y time pay the same or any part thereof without waiving or sffecting any optio~, lien, equity or •~pht under w by vir~ue of this mortgage and the full amovnt of each and every such payment shall be immediately due and payabie ~nd shall bear interest ~.om the date thereof until paid ar rete of nine per cenrum pe~ annum and together wlth such irte~r~est shall be secured by the lien of th:s mw9taye. ~~U~ 207 1555 - - _ ~ Yrz T Y~~~~ il ~~r~'smd"'~ ,