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Home My WebLink About1559 24Q424 ~ THIS INDENiURE, Made the 1~3th ds of ~CtO~~r '/2 v Y A.D. 19 between E1~.iQ Lovett~ a sin4le adult ~f S~. Lucie County flo~ida, hereinaft~t designated ss Ihe "MORTGAGQR,';. and fIRST FEDERAI SAY!l+IGS AND LQAN ASSOCIATION OF FORT PIERCE, a corporatlon wganized and ex~»ing under Ihe laws of the Un~ted Stat~s of Ame~ica and having itt principal place of bus~~ess in the City oi Fort Pierce, S1_ lucia County, Flwids, hereinafter designated as the "MORiGAGEE:' WHEREAS the MORTGAGOR is justty indebttd to the MORTGAGEE in the sum of S 4~ 309 , good and lawful money of the Un~ted S~ates advanced by the 1dORiGAGEE unto the MORTGAGpR, as ev~denced by a certam promisswy note of even date herewAh, of wh ch the foilowin9 in Nords and iigures is a true copy, to-wit: s 4,300.~0 10018A5~ Fort Pierce, Flwida, ac t ob e r 18 ~ y 7 2 For value received, 1, we or either of vs, prom~se to pay, wit~out defa!catio~, to the order oi FlR51 fF0ERA1 SAVINGS AND LOAN ASSOCIATION OF FORT PtERCf at Fort Fierce, Florida, the sum of 5__4i3QiLQQ_ w~th ~ntefest from date at the rate ofZ__ 75OO per annum, in momhly ins~all- ~•~r~rs as fol!ows: S_ ~2'~ on the lSt day of neCember , 1972 _.~nd a like sum oo the correspond~ng day of each momh therc- alrer until the whole be fully paid. Each insta~lment firs~ ahall be appl~ed in payment of the interest and ihcn on the unpaid balance of the prinrpal wm. If d ault is made in the F,,iment Of any insrattment when due, and such defavlr tontinues 30 days, then at the option of the holder, and without any oth.~ notice, all the remaining ~ ~~~srallments snait be due and payable at once. rrivi~ryo is given to prepay this note in whofe or io part at any time without penalty. Neither forebeannce, nor acceptance by the holder thereof after any default in any paymcnts hereon, shall be deemed extens~on. A late payment tharg~ of S?~~~ , sh~ll be acided to ezch instaliment remaining unpa~d 7 days after its dur date, and a fike sum shall be added ro each such instal~ment remsining unpaid 7 days after eath S~CC¢edi~g payment date_ Each maker, surety and endorser hereof, jo~ntly and severally, wa~ves de~na~d, presentment protest and notice of protest fo~ nonpaymertf, and furlher egrees ~o any extension of tin,e of payment, eirher before or after marurity, wirhout notrce to any of us; and to pay aU costs of collection, including a r~•ssonable attorney's fee ~n the event of any de'ault hereunde~, and hereby aeverally waives a~l benefit of homestead and exemption under the co~stitufion d~~d laws of each State of the United State:, as a3a~nst this obligation or any exte~s~on or renewal hereof. Witness the hand and seal of each party. s/ E1 z ie Lovett , a sinale adul~EAt~ (SEAI) (SEAI) (SEAI) ~ 6 ~ 4S ~ $tate Revenue ~ eo.a~~staruelied-ararg'nfaP nene~ NO'VY, THEREFpRE, the MORTGAGOR for the ur 4 3~.~~ p pose of securing payment of said sum of S ~ and the perfwmance of ths covenants and agreements he~e~nafter expressed, and for divers good and valuable considerations, by these presents, dxs grant, bargain, sell, remise, r~lease, convey ar,d conf'um unto the MORTGAGEf, irs successors and au~gns, all fhat certa~n lot, piece a parcel of land, situate, lying, snd being in the County of St . Luc ie ~ and State of Florida, desuibed aa fotlows: ?ie~in at the Northeast Corner of 'Tract 17, of Section S~ Township 35 South, ~ ange 40 East, of GARDEN C7TY FARi?1S, as per pl~t thereof on f ile in Plat !}ook 2, at page S~ of the public records of St. i.uc ie County, Florida, and run ~~:est 150 feet for point of be9inning; thence t~:est 50 feet, thence South 150 feet, thence East 50 feet, thence run yorth 150 feet to the point of bec~inning 0 ~ d STATE a~ F'LOR~~DA 1 ~r OOCUMENTARY,~-::-. ~ ; ~ DEP1.Uf FEYEYUE f.• ~ :~,SiAMP ZI.3' er - _ - ~ ~ = GC;i.. 7 nw 1"i P?•~[.'•~.".`:i OF TAIt~S r' ~ ~ Pe' ~ 2; ~ w O Y. 4 5~ ~ : l o - ~it02 ~ p1yE ()t: CLASS 'C' IttZA,.GiB.E ~ ! P''OPEHItl~ ~ t PI;RSllrVtt 1~ CFi1W1ER 7i-33 3. h::~:. lyl~~ `r ROGER POITRA.C CIERK CIRC111T GlU2T, S(. lait:~E ftA rogether with al~ and singular the tenements, hereditaments and appurtances thereunto belonging or in anywite •pperfaining thereTO, end atl renti, iuues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing desaiption •nd h~bendum. TO HAVf AND TO HOLD the abore described and granted premises unto the said MORTGAGEE, its successors a~d assigns forever. And tM iaid ,'~10RTGAGOR for he'r„ eaecutors, administrotors and assigns, hereby covenants with the said MORTGAGEE, its succesiors ~nd auipm, rhat Iawfully u~zed of the said prem~xs in fee simple; that the same are iree, clear a~d dixharged from all liens ~nd encum- brances ~n law or in equity, and that_ hP a~ __~~3 heirs shall warrant and de(end the title to the same to the taid h+10RTGAGEE, its successors and assigns, forever against the lawful claims and demands of atl persons; PROVtDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tF~e p~omisawy note hereinbefore desuibed and shall truly, promptly a~d iully perform, discF~arge, execute, complete, comply wirh and abide by each and every the stipulations, ag?eementi, conditions ~nd toven~nti of said promiaso?y note and of this Mortgage, then this Mortgage and the Estate hereby created shati ce~se and be nutl and void. IT IS UNDERSTOOD that the word "Mortgagor" whethe~ in the s~ngular w plural anywhere in this Mortgage, ihaN be iingular if one only end shall be plura! jointly and severally if more thsn one, and that the wwd "fheir" ss uud anywhere in this Mortgsge shall be tsken to mean "his;' "hers," or "it:,•• wherever the contex~ so implies or admits. Atso, that wherever there is a reference in the covenants and agreementi herein contained to ~ny of the parties hereto; the same shall be con~trued to mean as well as tbe heirs, legal representatives, successors and assigns (either voluntary by ~cf of tha parties or involuntary by operation of the law) of the same and that the covenants herein contained thall bind and the benefits and advantsges in~re ro the respective heirs, legal representatives, successws and ass~qrts of the pa?ties hertto. And said Mortgagors, fo~ themselves and rheir heirs, leqal repreuntatives, successors and assigns, hereby jointly and severally covenant end ayree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all a~d singular the printipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, p?ompt(y on the days respectively the same severally become due. 2. To pay all and ~ingular ~he taxes, as:essments, levies, liabilitees, obligstions and entumbrantes of every nature snd kind now on ssid dewibed property, or that hereafter may be imposed, suffered, plsced, levied, w assesud the~eon, or tMt hereafter msy be levied w aueued upon this Maty- age, w the indebtedness secured hereby, each and every, when due ar+d psyable, according ro taw, beiore they become detinque~t, •nd before any interest attaclus or any penalty is incurred; AND INSOfAR AS ANV THEREOF IS OF RKORD TME SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGE~ OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSED OR CERTIfIED) SHALL BE PLA~ED iN THE HANDS Of $AIO MORTGAGEF WlTNIN TfN DAYS NEXT AFTER VAYMENT; and in the event that any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affeding any option, lien, equify p ~iqht under or by virtue of this mortgage and the full amounr of each and every such payment shall be immediateiy due and payable and shell bear interest From the date flureof until ps'~d at rate oi n~ne per centum per annum and toge~her w~th such UreRrest shall be secured by the lien of th:s morgtage. 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