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Home My WebLink About2341 . . 241026 THIS INpENTURE, Mad~ the ~7th day of ~tober A.D. 19 72 . between Iames S. i?iorice and Ic#a Mae Morice~ h~ s wifP p( St . LLiC 1 P. CWnfy Plorida, herei~aftsr designated as fF~s "MORTGAGOR,° ~ FIR$T FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corpa.ation wpanized and exis~ing unde+ tFu laws of the Un;ted StaN~ of lKrneric~ arld h~virg 1K ptir?cipil plau of business {n tAe Ciy of Fort Pi~rce, St. l~ca Couny. Florida, 1?ereinafte~ deii9natad ~s th~ "MORTGAGEE." WHfREAS th~ MORTGAGOR is justly indeb~ed to ths MORTGAGEE in t1~s sum of i 8 s 5~ •~O , good and lawful money ot the United Sfatea advanccd by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a certain promiuwy note of even dats harewitb, of which the tollowinp In wadf and fi~ures ii a trw copy, to-wit: ~ = 8,50~.00 t 1OO18qA2 ± - Fort Pierc•, Flaida, ~tObC~r 27 19 'j2 ~ fw vafue reccived. 1, we or eithe~ of us, promise to pay, wirhout defalcation, to ~he order of FIRST FEQERAL SAVINGS AND LOAN ASSOCIATION OF ~ FORT PlERCE at Fort Pieaca, Florida, tbe sum of s 8~ S~~ •~0 w;th interest from date at the rate of 7• 7~ per an~um, in mo~thly install- 1 :nents ~s follows: i 91 . 00 7 5 t day of ~ emhe r~~9 72 ood a like sum on the corrosponding d~y of each month there- after ~ntil the whole be fully paid. Each installment iirst shsll be applied in payment of the interest and the~ on the u~paid balance of the prindpa! sum. !f d ault ia matk !n ths payment of sny installment when due, and such defauh continues 30 days, ihen at the option of the holder, and without any ottxr notice, all ths remaining ~ ~~stallments shaii be due and payable at once. Privi~ege is give~ to prepay this nole in whole or i~ part at any time without penaly. Neither forebearance, nor acceptance by fhe holder thereof after any defauh in any payments hereon, shall be deerned extension. A late payment charge of ~ 4.55 , thall be added to each installment remainirg unpa~d 7 days after its due dste, and a like sum shall be added to each such installme~t ?emaining unpaid 7 days ~fter each succeeding payment date. ~ Each maker, surety and endorser hereof, joinlly and severally, waives demand, presentment pro*est and nofice of protest fw nonpayment, s~d further agrees to any extensio~ of time of paymcnt, either be(ore o~ aftea maturity, without not;ce to any of us; and to pay all costs of collection, inclvdinp a reasonable attorney's fee in the evenl of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the ton3titufan and laws oi each State of the United States, as agai~st this obligation or any extension w renewal hereof. Witness the ha~d and seal of each party. (SEAU _5/ Jam~s ~T1CP ~AU cs~?u C~2.75 s/ Ida Mae tibrice ~U 1 State Revcaue (Stao~ps. caonlied on aigina! -rwt~) NOW, TFlEREFORE, the MORTGAGOR for the purpox of securing psyme~t of said sum of S 8 s~~~ . and the pe?formance of ths covenants and agreements hereinafter expressed, and fo~ divers good and valwble considerations, by these presents, doea grant, bergain, :ell, remise, release, convey and to~firm unto the MORiGAGEE, its sutcessors and auigns, sll that certain bf, piece or p~rcel of land, situate, lying, and beinp in the Couny of St . Luc ie and 5tate of Florida, descr~bed ~s follows: I3~gin 15 feet East and 15 feet South of thP Northwest cornPr of Tract 17, GARDFN CITY FARMSy Section 5, Township 35 South, ~ange 40 East, as oei- olat thereof on file in Plat Book 2, page 5, public records of St~ Lucie County, Florida; thence run East 132 feet; thence run South 302 feet; thence run t~rest 132 fePt, thence run "orth 302 feet to the o~int of beginning,~ STA flF ~L RifJA ~ ~ DOCUMENtARYf ~,-.~.~StAMP T A x ~ ~~D IN PAYMEHT OF TAXES °c~ " OEPT. Oi REYENt!£ ~f" • • ~ ~ INTAMGIBIE PERSONAL PROPERIY~ PURSUIWT i0 CFtAPTER 71-134, ACiS OF 19/1. d ~ ~.a ` ~.ra, ~t ' . ~ 1 Z.15 ~ Porrw~s ~~j' ~ 0 ~ 1~1~2 '•~w'f ~ V~CRI~ `i~(~wi, vW~T~ .ST. M7~~E ~~r • vF together with sll and singulsr the tenements, hereditsments ~~d ~ppurtsnces thereurtto belonging ot in anywise appertaininp fhereto, ~nd all renri, i~suq, proceeds and profits accrueng and to accrue from said premise~, ell of wKKh are included in the above and forsyoinp description and habendum. TO HAYE AND TO HOlO the sbove described and grsnted premiies umo the said MORTGAGEE, its suaessors snd astgns forevN. Md tM saW ~ their MORTGAGOR for heirs, executon, administrators and assigns, hereby tovenants with the aaid MORTGAGEE, itt succ~ssws ~nd ~ssipm, ~ ihat th~y- a rP lawfull seized of the said Y p?em~ses i~ fee simple; tFut ths iame ~~e free, clear ~nd discMr9ed from ~II liens and e~ brances in ~aw or in equity, and that t hey w;11 and t he i r hein shall w~rrant and defend the title to the s~m~ to th~ ~aid MORTGAGEE, its successws and auigns, forever egainst the lawful claims and demands of al! pe~sons; PROVIDED, ALWAYS that if the MORiGAGOR shsll pay vnto the NIORTGAGEE the promissory note hereinbefore dewibed and sh~i) truly, promptly and fu(ly perfwm, dixharge, execute, complete, comply with snd ebidc by esch snd every the stipularions, apreemenb, conditans and coven~~ts of said promissory note and of this Nbrt9age, then this Mortgage and the Eitate hereby aested shall cease snd bs null and void. IT IS UNOERSTOOD that the word "Morrgagor" whether in the •ingula~ a plwal anywhere in this AAwtgspe, sh~ll b~ sinyulu if ont only and shall be plural jointly snd sevcrally if more thsn one, snd thaf the wad "their" ss vsed ~nywhere in this Mortgaye shall be f~ken to mean "his," •'hen;' or "iti;' wherever the context w implies w admin. Also, that whereve~ there ii a?efe?ence in the covenann ~nd ayrsements herein conh+nsd to any of rhe panies hercto, tlu aame shall be caurrued to mean ~s well sa the fiein, kgal r~present~tives, successon and auiyro (either volumary by act of tM parties w involuntary by operation of the iaw) of the iame and that the covenants herein contairxd shall bind ~nd fhe benefits snd advanta~q invn to the respeclive ¢ein, leyat repreuntatives, succe:sws and au~yns o1 the ps?ties hereto. And said 1Nortgagon, fa themselvq and their Froi», leg~l representstives, wccesso?i arid asaigru, hereby jointly and sevaally tovenaM ~nd a~ree ro aRd with the said MORTGAGEE, its successon and auigns: 1. To pay •II ~nd singubr the principal and interett and the vsriw~s and sundry sums of money payable by virtue of said promiswry note, ~nd this mortg+ge, each ~~d every, p~ompNy on the d~ys respectively the ume severaUy becoms dw. 2. To p~y all ~nd ~ingvlar ti~e taxes. ~sse~sments, levies, liabilitier, obligations and encumbances of every nature ~nd kind now on said dewibed ~ property, p that here~fter may be imposed, wffe?ed, pl~ced, kv;ed, or asseued thereon, o~ that here~fter may bs lev'~ed o~ use~ud upon thb Matg~ ~ sge, a tM indebtedneu secvred hereby, each and every, when due and payabte, aaordirg to law, befort they becane delinqve+nt, ~nd before any fntMnt + attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF RECORO ANO THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfftClAttY ENpORSEO OR CERTIFIED) SFIAIt BF PIACED !N THE HANDS Of SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that ~ny thereof is not paid, tat'siied and discharged w:d MORTGAGEE may at a~y time pay the same w ~ny pari thereof witho~t wsiving qr sffectiny any option, Iien, equify p •iqht under a by virtue of this mortgage and the full amount of eath a~nd every svch psyment shal! be immediately due and payable and sball Mir inte?est ~rom the date thereof until paid at rate of n~ne per centum pe~ annum and to9ether w~th such intereM ~a red by ~ f th:s morptagt. . e~ox~~ ~ac~ ~ ~ - ~n~- Y;~~~ . ,r~t ti ~ _ j ~ ~ az: y . 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