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Home My WebLink About0078 ~~1550 ~ . ~ THIS INUENTURE, Made the 7th day of November A.D. 19 72 txtween L:. • ^ Clifton Llo d Jr. and Marie'Llo d his wife of St• l'uC @ Counfy Flaida, Mlreinaftet designated u ihe "MORTGAGOR," and fIRST FEDERAL SAVINGS ANO IOAN ASSpC1ATION OF FORT PIERCE, a cwpaa?ion aflani:ed and ex~stirg under tM laws of fhe United Statq of Americ~ and having itt principal pl~ce of busineu in tF» City of Fwt Pierce, St. lucis Couny, Flo~ida, 6e~einaiter dei~nated a~ ths "MORTGAGEE." WHEREAS Ihe MORTGAGOR is justly indebte~ lo the MORTGAGEE in the sum of j 10~3~~~ , good and lawful money of the U~~ted Srates advanced by the MORTGAGEE un~o the MORiGAGOR, as evidenced by a certain promissory note of eve~ date herew~th, of wh~ch the followin9 in words and fiyures is a true copy, lo-wit: = 10, 300.00 N, 10019032 • foA Pierce, Flwida, November 7~ 19 72 For value received. I, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGSS~ AND LOAN ASSOCIATION Of FORT PIERCE at Fort Pierse, florids, ~he sum of s 1013~~~ w;th ~merest from date at the rate of 7~7?'o pa? annum, in monthly ins;all- ,nents as foi!ows: i 85'~ on the lOthday of ~~ember ~9 72 and a like sum on the cwrespond~n9 day of each n~onth thcrr a}rer until ~he whole be iully paid. Each instaliment f~:st shall be apptied in payment of th@ interest and then on the unpaid batance of the princ~pal sum. If defau!t i~ made in the - ~ayment of any installment when due, and such default con~inues 30 days, thm at the option of the holder, and without any other notice, all the remain~ng ~nsW!Iments shafl be due and payabte at o~ce. Privitege is given to prepay this note in whole w in part at any time without penalty. Neither forebearance, nor acceptance by the hofder ~hereof after any deiault in any payments hereon, shall be deemed eatension. A late payment charge of S a~25 , shall be added to each installment remaining unpa~d 7 days afte~ its due date, and s like sum shall oe addrd to each such i~stalfinent remaining unpaid 7 days atter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of p~otest for nonpayment, and further agrees to any extension of time of'payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable atrorney's fee in the event of any default hereunde:, and hereby severally waives all benefit of homestead and exemption under the constitulan and laws of each State of the United States, as against this obligation or any extension or renewal hereof. W~rness the hand and seal of each party. (SEAL) s Cl if ton Lloyd, J r. ~A~~ f5E/?l1 . s Ma rie Lloyd ~~U ~~6~ NOW, THEREFORE, the MORTGAGOR for the purpose of scturing payment of taid sum of S l~~ 3~~~ , and the pcrformsnce of the covenants and agreements hereinaiter expressed, and fw divers good and valuable considerations, by theu preunts, does g~>•t, bargain, sell, remise, retease, convey and confirm unto the MORTGAGEE, its successors and auigns, aIl that certain lot, piece or parcel of Iand, situate, lying, and being in the County of $t. Lueie and State of Florida, desaibed as follows: Lot 3, Block 4, according to Plat of RAIRLpWN SUBDIVISION, which said plat was filed Deceaber 3, 1925 and recozded in Plat Book 6, Page 5~ Public Records of St. Lucie County, Florida,~ _ - ~ ~ This sortgage replaces a mortgage of like a~ount froa ~ Clifton Lloyd and Marie Lloyd to Rizst Federal Savings ` and I,oan Association of Fort Pierce, Florida, recorded ~ ~ in O. R. Book 209, Page 33~, on Mrhich the intangible ~ pezsonal property tax has already been paid. ~ ~ ~J ~ ~t~OF 11tXl.~ RECEIYED i-~~~~- IN MYMEI[1 ~Xe.S ~ DIJE 011 C!A*4 'C !i~N'Gl~li PE'tSOMI I~E~~~. pURSIMtlT TO G!N':~ 1•1~ S~ll1~. ~jj! dF~. CIp~T OaliCi~ WCE 00~ f~ tc~gether with all and singular the tenements, Fxreditaments snd appurtsnces thereunto belonging w i~ ~nywise apperlaininy the?eto, snd all rents, iu~es, proceeds and profits accruing and to acuue from ssid premixs, all of which ue inciuded in the above ~~d foreyoirg desuiption and h~bendum. ~ TO HAVE AND O tlOID the above described and granted prem+ses ~nto the said MORTGAGEE, its svccesson and auiyns foreve?. Md tM ~aid t~ei r a h10RTGAGOR for fiein, executon, administrators and assigns, hcreby covensnts with the taid MORTGAGEE, it~ succeswrs ~nd ~stipro, ~ rhat - th ~-a Ie_- lawfully seized of the said premises in fee simple; 1Fut the same ue free, ckar and dixharyed from all IieM and sncum- ~ brances in law or in equity, and that they W~~~ a~ theiz heirs shsll w~rrant and defend the fitle to the ~ame to the said MORTGAGEE, its successors and auigns, forever against the law4ul claims and dem~nds of all persons; :'s PROVIOED, AIWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE the promisso?y rate he?einbefore described ~nd shall truly, promptly zy and fully perform, discharge, exaute, tomplete, tomply with and abide by cach and every the ttipulations, agreements, cooditi~ls snd covenann of ssid prom~sswy rate and of this Mortgage, then this Mwtgage and tlro Estate hereby aeated shall tease ~nd be null and void. s IT IS UNDERSTOpD that the wwd "Mortgsgor" whether in the singular w plural snywhere in this Mortg~ge, shall be tingular if one only ar~d ~ shall be plural jointly and severally if mwe thsn oee, and that the wwd "their" ss used ~nywhere in this Mortgage shall be taken to mean "hi~" "F~en," or "its;' wherever the conrext so implies or sdmits. Alw, that wherever there is a reference in thQ COVtMnq ind ag~!lmMtf Iflltin COntainld f0 ~Dy Of ~ the psrties herero, the same shall be construed to mean as well as the heirs, legsl representatives, s~ccesson and sssigns (either voluntary by aN of the ~ parties w involuntsry by operation of the law) of the same a~d that the covenants herein contained shall bind and the benefits and advantayes inure ~ to the reipective hein, legsl represematives, succeswrs and ass°gns of the panies hereto. ~ And said Mortgsgors, fw themselves and their hein, legal representatives, ~uccessws and assigns, hereby jointly and severally covensnt and sgree ~ ro and with the ssid MORTGAGEE, its successws and assigns: ~ 1. To pay all and singular the principal •nd interest ~nd the variovs and sundry swns of money psyable by vi~tue of s~id prom~ssory note, and this ~ mwtgage, each and every, promprly on fhe days respectivdy the same uverally become due. ~ 2. To pay sll and s~nguler the taaes, assessments, levies, li~bilitief, obligations and encumbrances of every nature and kind now on said dewibed » property, w thst heresfter may be imposed, suffered, plated, levied, a+ssessed thereon, or thst hereaftd may be levied w assessed upon this Mori¢ ~ age, or the indebtedneu secured F~ereby, exh and every, when dve and payable, according to Isw, befwe thsy become delinquent, a~d before any interest a+raches or any penalty is incwred; AND INSOfAR AS ANY 1HEREOF IS OF RKORO THE SAME SHAII 8E PROMPTLY SATISFIED AND ~ISCHARGED OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFICfAIIY ENOORSfD ~ OR CERTIFIEO) SHAII 6E PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not ~ paid, satsfied and discharged sa:d MORTGAGEE may at any time pay tbe sars!e or any part thereof witFwut waivir?g w affecting any option, tien, equity o? Y"~ •iaht unde~ w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and psyable ~nd shall bear inte~est ~ ~rom the d~te thereof untit paid at rate of n~ne per ce~tum per ar.nvm ~nd together w~th tuch inter t ured by the ~n+of th:s morytape. B00 YACE Q ~ > - - . _ _ ~u.:'~-'.~`.i--~-~`:..,~'~t-,e~~'.:-'°LL'^w. . ~ _ : - .:r.r .:_,.r~