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Home My WebLink About2406 . z~so~o ~ ~ . THIS INDENTURE, Made the 31 d+y of ~t~~ r A.D. 19_~? . between ~ Dnnald A Rorbe~ ~n ~,gta H Forj~~+ hi~ wi~~ of $t. j.~1C1@ Co~nry Flaida, hcreinafter deignated as the "MORTGAGOR," •nd FIRST fEDERAI SAVINGS AND IOAN ASSO~IA~ION OF FORT DIERCE, • corporal;o~ orp~nized •nd exis~ing ~~de~ Iha laws of ths Un~tad S~ato~ of Americ~ ~nd havirq its ptincipal pl~cs of busine~s in the City of fort Pierce, 5~. l~cie Cou~ty, Florida, hereinaffe~ designa~ed ~s ~he "MORTGAGEE." WHEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE i~ tha sum of s 15~600.00 , good and lawful money of the Un~tcd Srates advartced by the MORTGAGEF unto the MORTGAGOR, a: evidenced by a certain promisswy note of even dste herewith, of wh~ch the followinp in words and figuret is a trve copy, to-wit: s~s~ 6~ . f«t Vierce, Florida, ~ tobe r 31 ~-~Q7~a For value received, I, we w either of u:, promise to pey, without defalcation, to the orde~ of FIRST FEDERA~ SAVIPlGS AND LOAN ASSOCIATION OF fORT PIERCE at fort Pierce, Florida, the sum of S 15~~Q•~ with interest from date at the rate of~$°~'a pe* annum, in monthly install- me~ts as (oltows: s 124.•n~ on the -ZQt}yay of ~p,.CQ~j~,p~_, 19~,Z and a like sum on tl+e cwrespond~np day of eaeh month there- afrer until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prinupal sum. If d a~lt is made in ihe ' ~ay~ne~t of any insrallment when due, and :~:h defau:r con~inues 30 days, then at ~he optio~ of the holder, snd wifhout any other notice, all the ~emaining ~nstallments shafl be due and payable at once. Privilege is g~ven to prepay this note in whole or in part at any time without penslry. Neithe~ forebearance, nor acceptance by the holder thereof after any default in a~y payments hereon, shall be deemed extension. A late paymeot charge of ~ 6~ 4S , shaH be added to each instalfinent remaining vnpa~d 7 days after it~ due date, and a like sum shall be added to each auch installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and seve~ally, waives demand, preuntment protest and notice of protest ior nonpayment, and furtFKr agrees fo any extension of time of payme~t, either be(ore or after maturify, without ~otice to any of us; and to pay all costs of collettioo, including a reasonable attorney's fee in the event of any detault hereunde~, and hereby severally waives ai! benefit of homestead and exemption u~der 1he tonstitution and laws of each State of the United States, as against this obligatio~ o~ any eXtensio~ w renewat hereof. Witness the hand and seal of each paaty. ~^81~ A. Rorba~ csenU (SEAL) _ (SEAI) s Sara H. Forbes ~ ( ~ 23 •40 ~ State Revenue f.s~~t~r~lAts~ ~++:at~~tt ~mq_ NOW, THEREfORE, tF~e MORTGAGOR iw the pu?pose of sec~ring psymcnt of said sum of S 15 snd the perfwmance oI 1he covenants and agreements hereinafter ex{xessed, and for divers good and valwble considerations, by theu presents, dxs grant, bargain, seti, rcm+u, release, convey snd confirm unto the MORTGAGEE, its ~vccessors and auigns, all that certain lot, piece w parcel of land, situate, lying, snd being in the Coumy of St . Lucie and State of Fbr'~da, deuribed ~s follows: ? The Bast 139.93 feet of the West 164.93 feet of the South 75 feet of the North ~ 150 feet of the North 180 feet of the South 330 feet of the 6 1/2 of the NB 1/4 of the SW 1/4 of the SB 1/4 of Section 17, Township 35 South, Range 40 Bast.i p - ~ A °F ~L.ORiDA ~ ~y DOCUMFNTARY.i--;~$TaMP iA~: ~ 20 DfPT. OF REYEl~{UE ~r'' , ~ IN PAYM~NT OF T11xES - ° = ~ wp~ )Z i • ~ = ~ p~ C~ 'C' 1t1TANGIBIE PERS~UI PRQ?ER(Y. ~ o:~~iot ,i ~ O~ PUR~lRN1 SO CWIPTER 71-134. AC1S OF 19I1. t ~ ROGER POITRAS + C1FSII GRCUIT COURT~ ST. LUCIE C0, FIA together with all and siilgular the tenements, hcreditaments and sppurtances thereunto belonging w i~ anywiss appeAaininp therefo, snd all rents, iuues, prxeed~ and Rrofits accruing and to accrue from said premises, all of whicfi are uxluded in the above and fore9oing descriptioo and h~bcndum. 10 HAVf AND TO HOLD the above desaibed and grsnted premises ~nto the said MORTGAGEE, ib suuessors and ~uigns foreva. Md tF» ~id " h10RiGAGOR far -~.~i@3-~----- heirs, executors, administrators snd assigns, FKreby covenants with ihe isid MORTGAGEE, it~ suttessort and ~uipru, that - th- er?rE-- lawfully ieized of the said premius in fee simple; th~t the ssme are free, dear and dixharged from sll liens u~d ~ncum- brances in law or in equity, and that t~1e'y - will and tbQir heirs iMl) warrsnt ~nd defend the title to the tun~ to the taid MORTGAGEE, its s~ccessors and assigns, fwever sgainst the fawful ciaimi and demands of all perwns; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGFf the promiuwy note hereinbefare desuibed and shall truly, promptly and fully perfwm, diuharge, execute, complete, comply with and abide by each and every the ~tip~rlstions, agreemenfs, conditions and coven~nri of uid promissory note and of this Mongsge, then this Mwtgsge and the Estate hereby u~ated shall te+se ~nd be nult and void. IT IS UNDERSTOOD that ~he word "Mbrtgagor" whether in the si~gular or plural enywhere in this 1NortQage, sFull be sinyular if one only ~nd shaU be plur~l jointly and ieverally if more than one, and that the word "tF~eir" as us~~ anywhere in ihis Mortg~ge shalt be taken to mean "his;' "hen;' ; or "its;' wherever the context w implies or admits. Alw, that whcrever there is a reference in the covenantt and egreement~ herein cont~ined to ~ny of j rhe panies hereto, the same shal! be construed to mean as well ss tF~e hein, iegal representatives, successa: snd assigns (either volunt~ry by act of th~ parties or invofuntary by operation of the law) of the same and thst the covenants herein contained shall bind ~nd tlx benefits and adventpes inun to the respective heirs, legsl representatives, succesao~s and asa'gns of the parties he~eto. And said Mortgagors, for themulves and their hei~s, legal representatives, succrssors and auigns, herepy jantly and severally covena~t and aqree ro snd with the taid MORTGAGEE, its successors and assigns: 1. To pay all and iingular the principal and interest and the vsriovs snd sundry :ums of money paysble by virtue of ssid promissory note, ~nd this mortgaye, each and every, promptty on the days respectively the ssme severally become due. # 2. To pay ~fl and sing~iar the taxes, ssussments, levies, liabilitief, obliga~ions +nd ent~mbrances of every nsture and kind now on s~id dexribed property, p that hereafter msy be imposed, suffered, placed, levied, a asseued thereon, w that heresfter may be levied a asseased ~pon thit Maf¢ ~ age, o~ tM indebtednes~ secured hereby, e~ch and every, when due and payable, according to law, betore they btcome delinquenr, and belae any inters~t attaches a any penalty is incurred; AND INSOFAR A5 ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPTIY SATISfIED AND ~ISCHARGED OF RECORD AND iHE ORIGIt3Al OfFIC1Al DOCUMENT (SUCH AS, FOR INStANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFf(CIAIIY ENOORSED OR CERTIFtEO) SHAIt BE ~LACfO IN THE HAMDS Of SA~D MORTGAGEf WIiHlN TEN DAYS NEXT AF1ER PAYMENT; and in the event that any thereof is nm paid, sat"sfied and discharged sa:d MORTGAGEE may at any t~me pay the s~me a any part thereof without waiviny or sffectir~q any optio~, lien, equity or ~~qht under or by virtue of this mortgage and the full amount of each snd every suth payment shall be immedi~tely dve and payabfe ~nd shall bea? inte~qt hom the date thereof until paid at rate of nine per centum per annum and toQether w~th such i~terett shai) be ~c If.? V( he lien q~ ~~r~rgtige. . 9~iliK P?~i., tl ~ ~ 9 ' " ~:z