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Home My WebLink About2967 2414'72 ~D . THIS INDENTURE. Made the ~d day of N~,V~b@~ A.D. 19_Z.Z, beNveen HoNard O. Masters and Marj~li. Ma~t, b~ ~~¢p of St • L~C~@ County florida, hereinafter designaeed as the "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, s corpwation organized and ex~s~ing under ~he lavin of the United SutQi of Ame~ica and luviry its principal place of business in the Ciry of Fwt Pierce, St. lucis County, FJorids, hereinafter desiynat~d as tM "MORTGAGEE." WHEREAS ths MORTGAGOR is ju~tty indebted to tha MORTGAGEE in the sum of S 32 ~ . good and lawful mo~ey oi the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cerla~n promisswy ~ote of even date herewith, of wh~tA the foflowirq in words and figurea is a true copy, to-wit: = 32 ~ 000. 00 r,~, 10019017 Fort Piace. Florida, NOV@~e? 2 ~q~,_ ior value received, I, we o? either of u~, promise to pay, without defaication, to the order of FIRST FEDERAL SAVINCsS ANO IOAN ASSCKIATION OF FORT PIERCE at Fat Pierce, Florida, the sum of 5--~-~n~-~ w~th inrerest (rom date at the rate o11~-°Ae p~ annum, i~ monlhly instatt- men~s as fot!ows: i--~~ w+ the 1~_ day of ~QhYLal' 19_~_ and a like sum on the carespa~d~ng day of each rronth the~e- after until the whole be 1u~ly paid. ~ Each installment firot shall be applied in payment of the inlerest and then on the unpaid ba~ante of the p~~~c~pa~ sum. tf d ault is made in the payment of any installment whe~ due, and such default co~r~nues 30 days, fhen at the opt~~n of the hofder, and without any ot?~er notice, aIl the remaining ~nsta~lments shail be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalfy. Neither forebear~nce, nw accepta~ce by the holder the~eof after any default in any payments hereon, shall be deemed extension. A late payment charge of :~~Q shall ~Se added to each installment .cmaining ~npaid 7 days aiter its• due date, and a like sum :hall be added to each such insrallment remainir?g unpaid 7 days afte~ each succeeding payrr.ent date. , Each maker, sure~y and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, ~nd further agrees to any extension of t~me of payment, either brfore w after maturity, without notice to any of us; and to pay ail costs of collectio~, inctuding a reasonable attorney's fee in the event o( any defautt herevnder, and hereby severally ~vaives all benefit of homestead and exemption u~der the constitutan and taws of each State of the United States, as aga~nst this obiigation or any extension w re~ewal hereof. Witness the hand a~d yeal of each party. s/ Howard O. MasteYS ~n~~ ts~?~) MaY ior ie M A~a~ter ~e ls~?~) (s~?u t 548.00 ) State Revenue . (Stir~pr saa~eY~ds~s~iyivLocye+L NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of t 3~~ DUO• and fhe performa~ce of the covenants a~d sgrecments hereinafter e~epressed, and for divers good and valuable considerations, by these p?esents, does grsnt, bar9ain, ielf, remise, ~elease, convey and confirm unto the MORTGAGEE, its successors and auigns, ell that certain lot, piece or parcel of land, situate, lying, end being in ths County of $t. Lucie and State of Fbrida, dew~bed +s follows: Rroa the Southwest corner of the Bast 1/2 of the Southeast 1/4 of the Northwest 1/4 of Section 12, Township 35 Soutn, Range 38 Bast, run Bast alo~g the Quarter Section Line 200 feet to the Point of Beginning; thence continue Bast 150 ~Qet; thence run North parallel with the West line af the Bast 1/2 of the Southeast 1/4 of the Northwest 1/4 of said Section 12, 938.8 feet; thence run West para~lel ~if with the Quarter Section Line 350 feet; thence run South 217.8 feet; thence run Bast 200 feet; thence run South 721 feet to the Point of Beginning; LBSS AND BX- CBP?ING the ziqht-of-way for Orange Avenue ~ v ` S TAT E~ F F L O R I CD A~ ~ m PAYMENT OF tAX6 ~ pUE pN CU$$ 'C' INTANGIBLE PERSOt~~L PROPER(Y, oz _ DOCUMENTARY. StAMP Tt. X ~ ~~1 70 GUpTcq 71-13A, i?; ~s oF ~911. j71~~ DEPi. OF REYE~tUE i ~i•; rs _ ^ : I ROGER POIIF,AS o_ P0. _~~y-,•~2 ~ 4 8. O 0 1 CLE~K CIRCUII COURT, sr. wc,~ co fu , ° o ~~~oa ~ together witt~ all and singular the tenements, hereditaments +nd sppurtances thereunto belonging or in anywise appert+ininy thereto, and all ron», iuws, proceeds and profits sccrui~g and to accrue from s+id premises, all of which are included in the abow +nd fwegoing dewiptron and Mbendum. TO HAVE AND TO HQLD the +bove described and granted premises unto the said MORTGAGEE, in succeuon u+d +uigns forever. Md tM said MORTGAGOR for helrs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, in successors ~nd ~uipm, the are ehat - lawfully seized of the said prcmises in fee simpte; that the same ~re free, clesr u+d discharged from ~11 lieru ~nd ~ntum- brances in law w in equity, and that the~ vvill and he~r hein shall w~rranf a~d defend the title to the sam~ fo tM s~id MORTGAGEE, ir~ successors and assigns, fwever against the lawful clsims and demands of ~II persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiuo?y rate he?einbefore described and sMll truly, promptly and fully perform, d~~harge, e:ecute, complete, compty with and abide by each and every the stipulstions, +yreements, conditions ~nd cov~runb o said promissory note snd of this Mortgage, then this Mortgage and the Estste hereby ueated shall cease and be null and wid. ~ IT IS UNDERSTOOD that the word "Mwtgagoi' whether in the singulsr or plural ~nywhere in this Mortgaye, ihsll be sinpular if one only ~nd shall be ptural jointly and severally if mwe thsn one, and that the woid "their" as used anywhere in this Mort~~ge shall be taken to mesn "his;' "hen," or "its;' wherever the context w implies or admits. Also, that wherever there is a reference in the covenantt snd ayraements herein cont~inet! to any of the parties hereto, the ssme shalt be construed to mean af well as the heirs, legal rspresentatives, successas snd suiy~s (either voluntary by act of tM parties or involuntsry by operaYan of the ~aw) of the same and that the covenants herein contained shall bind ~nd the benefitt and advantayp inur~ to the ~espective heirs, legal representatives, iuccessors and au'gns of the psrtiq hereto. ~ And said Mortgsgws, fw tFxmsetves and tixi~ heirs, legal repreunt~tives, succeuws and assiyns, hereby jointly and severally covenant and ayree to and with the ~aid MORTGAGEE, its successors and assigns: 1. To pay ell ~nd singular the p~incip~l snd interest and the variovs and sundry sums of money payable by vinue of ssid promissory note, and thn ~ mwtgage, esch and every, promptly on tix days respectively the same sever~lly become due. 2. To pay sll and singular the tsxes, ssussmenri, levies, liabilities, obligatian snd encumbrantet of every nature and kind now on s+~d dewibed Property, or that hereafter msy be imposed, wffered, pl~ced, levied, or auessed thereon, or that hereafter may be levied p usessed ~pon ti~is MortQ- age, w the indebtedness secured hereby, exh and every, when due ~nd paysble, xcordinp to law, before they become delinqvent, and befor~ ~ny intere~~ attaches w any penalty es incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND OISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFFICIAItY ENDORSED OR CERi1FIED) SHAII BE PIACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN OAYS fVEXT AFTER PAYMENT; ~nd in the event that sny thereof is rwt paid, sat"sfied and discharged sa:d MORTGAGEE may st any t~me pay the same p any part thercof without wsiving w affectiny any option, lien, eqvify ot .~aht under w by virtue of this mortgage and the full amount oF each and every such payment shsll be immediately due and payable snd shsll bear inte~est ~rom the date thereof until paid at rate of n~ne oe~ ce~tum per annum and toge~her w~th such interestrsh~K~~pr~dP~C~~~~,jh.s mwyfaye. V ~ ~ / ~l b~~ ~J ~ ~ ~ ~ ~ µ ; ~ ~ ~ ~ . .