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Home My WebLink About2414 2410'74 ~ ? : r ~ THIS INDENTURE, Msde the 26th day o} OCLOD@Y A.D. 19_ 72 be~w~en ' Donaid B. Gulleds~ and Au~dzQy G. Guiled9e, his wi~ of St• LUC~Q , Counry Florid~, hereinafter desgnated a~~ fhe "MORTGAGQR;' ~nd F1RST FEDERAL SAVINGS AND IOAN ASSpC1ATiON OF FORT PIERCf, a corporation orqanized and ex;sting under the laws of the United S~at~s of Art?erica ~nd haviny its principal place of busineu in ths City of fwl Piace, S1. luca County, Florida, hereinaftsr desiqnated ss tht "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of =~r3 ~ , good and lawfut mo~ey of the Un~ted State: advanced by the MORTGAGEE umo the MORTGAGOR, as evide~rced by a cenain pfomisswy ~ote of eveo date herewith, of which the followin9 in words and fi9ures is a t~ue copy, 1Pwit: = 23,800.00 ~ 10018979 Fort Pieres, flwida, OCt ~@r '26 19 72 Fw value reteivcd, 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST ffUERAL SAVlNGS ANp LOAN ASSOCIATION OF FORT PIERCE al Fort Pierce, Fbrida, the sum of s 23 LB~~ ~ w~rh interesr Irom date at the ~ate of 7~ 5 °Yo per annum, in mo~thly instalb ments as fo!lows: : 176~~ on the day of ~C~~Y , 19__~. and a like sum on the carespond~ng day of each month there- after un~il the whole be fully paid. Each insullment first shall be applied in payment of the inte~est and then on the unpa:d balance of 1he principal sum. If d autt is made in fhe ~ ayment of any installment when due, and such defautt continues 30 days, then at the opt~on of the holder, and w~thout any other notice, all the remaining ~,~stallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without pena~ty. Neither faebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S-~Q, shall be added to each installment remaining unpaid 7 days after its due date, and s iike sum shall be added to each such installment remsining unpaid 7 days after each succeeding payment date. Each maker, surety and endwse~ hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before w afier maturity, without notice to any of us; and to pay al! costs of collection, includ;ng a reasonable afro~ney': fee in the event of any default hereunder, and hereby seve~afly waives ali benefit of homestead and exemption under the ta+stitution a~~d laws of each State of 1he United States, as aga~nst this obligation or any extens~on or renewal hereof, Witness ?he hand and seal of each party. s/ Danald 8. Gulled~e ~q cs~?u s/ Audrev G. Gulled~e ~A~~ $35 70 ( • ) State Revcnue lS~sw~M.Mwt~ll~d~ ~r.wi~i~ai ~~rel NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 23 +8~~ ~ , and the perfwmance of the covenants and agreements hereinafter expressed, and fo~ divers good and valuabte considerations, by thex presents, doea grant, bargain, sell, remise, re~ease, convey and confirm unto the MORTGAGEE, its successors and assigns, afl that certain loe, piece or pa~co! of lane~, sitvate, tying, and being in 1he Counry of $t• L~1Ci@ and State of Flo~ida, describcd si follows: ~ ~ Beginning at the intersection of tte Southern boundary line of ; the North 1/2 of Lo~: 243, WHI?B CITY SUBDIVISION, a subdivision of ` ~ y~ g Section 10, ?ownsbip 36 South, Range 40 Bast, as per plat the~reof ~ ; o s ~ - o ° zecorded in Plat Book 1, page 23, of the public records of St. Lucie ~ " a~ Q~- ~ County, Florida with the Ba?steYn right of way line of Melville Road x . ~ a.- thence Northerly along said Bastern rfght of way of Melvflle Road ~ ~,~Q z t„ , : Q W .'J ~ t\~ ~ 4~~ 75 feet t~ a point; thence sun Bast a distance of 135 feet to a \ Y V ~ ~o ~ point; thence run South a distance of 75 feet to a point; thence Yun , ~ west a distance of 135 feet to the int of ~ ~ W Po be9innin9. ? ~~d ~ together with ~II snd singular the tencments, hereditaments and ~ppurtances thereunto belorging w in snywise appert~ining thereto, ~nd ~II ~ents, iuues, proceeds and profits acuuing and to accrue from ssid premises, atl of which are includeJ in the above ~nd fwegarg description and Mbendum. ~ TO HAVE AND TO HOLD the above desvibed and granted premiset unto the ssid MORTGAGEE, its succetson and auiyen forever. Md tM said MORTGAGOR for ----t~ii--- heirs, executus, administrators snd assigns, hereby covenanh with tF?e ~aid MORTGAGEE, its succeswn and ~ssipra, rhat -~~a1.E'--- lawfully sei:ed of the said prcmi~es in fee simple; that the same are free, cle~r snd dixharged from all liens and entum~ brances in law or in equity, and that they w~ll and the in heirs sfiall warrant end defend the title to the same fo tM sakl MORTGAGEE, its successws a~d suigns, forever against the lawful claims and dema+nds of sll persau; PROVIDE~, ALWAYS tFiat if the MORTGAGOR shall pay unto tF~e MORTGAGEE the promis:ory note hereinbefore dewibed and shall truly, promptly and fully perio~m, diuhs~ge, execute, comptete, comply with and abide by each and every the stipulations, sgreements, conditions and covenanh of said , promissory rate and of this Mortgsge, then this Mortgsge and the Estate hereby ueated ahall cesse snd be eull and void. IT IS UNDERSTOOD that the wwd "Mwtgagw" whether in the singulsr a plural anywhere in this Mwtgsge, shall be sinpvlar if o~e only a+x! shall be plurat joinNy end severally if mwe than one, s:~d that the wwd "their" ss vsed enywhere in this Mortg~ge iMll be tsken to mean "his;' "hen;' ` or "its;' wherever the context w implies or admits. Also, thsf wherever there is s reference in the covenann and sgreements herein contained to any of the parties hereto, the same thall be construed to me~n as well si the heirs, legal representatives, svccessors and ssfi9ns (eit4eer volunt~ry by stt of ths parues w involuntary by operation of the law) of tMe same snd that the covenants herein tontained shall bind •nd the benefin snd adv~ntaqes inur~ ro the respective heirs, legal representatives, tucceuors and au'gns of the partiei hereto. And uid Mortgagors, for themxlves and their heirs, leg~l representstives, successors end auigns, hereby jo~ntly snd sevs~ally covensnt and apree ro and with the ssid MORTGAGEE, its successws and auig~s: 1. To pay all and sirgular the principal and interest snd the various and sundry sums of money payable by virtue of said p?omissory note, and thit mwtgsge, esch +nd every, promptly o~ the days respedively the same sever~lly become due. 2. To pay all and singular the taxes, assessments, levies, (iabitities, obtigstio~s and encumbrances of every nsture and kind now on siid dexribed property, or tha? ixreafter msy be impoted, suffered, placed, kvied, w assesscd thereon, w that heresfter may be levied a asussed ~pon this Mor1¢ age, or the indebtedness secured hereby, each snd every, when dve and payable. accading to law, before they become deliepuent, and befote any interett ' attaches w any penalty is inturred; AND INSOFAR AS ANY TNEREOF {S OF RKORD THE SAME SHAII BE PROlNPTIY SA~ISFIED ANO DISCHARGED OF i RECORD ANO THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIALLY ENDORSED OR CERTIFIEO) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN DAYS NfXT AFTER PAYMFN~; and i~ the event /F~at any tlxreof Is not ' paid, sat'sfied and discha~ged sa:d MORTGAGEE may at any time pay the same w a~y part ihereof without waivirg or affetting sny option, ~ien, equify w I .)qht under w by virtue of this mortgage and the full smount of esth and every such payment shall be immediately dut and payabk and shall bear interett ~•om tFx date thereof u~til paid at rate of n~ne per cenrum per annvm arr! togethe? w~th s~ch interest shall be secuOr ~by the lien of th:s mwfltage. P~,~~2D~ 1; I _ , = .~r -a~_ ~ ~'w~ ~ ~~s~