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Home My WebLink About0179 ~~16;~b . THIS IN~ENTURE, Mads the i 1 ti t d~y o~ OC t OhC T A.D. 19 betwee~ _ :1ltrrc! L. Tc~~t anc? C~vendolyn T~t, k~is- 1vifC of St . I--UC t(~ County florida, Mrcinafter designated as the "MORTGAGOR," and FIRST FEDERAI SAVINC~S AND IOAN ASSOCIATION pF fpR1 PIERCE, a corporation aqanized a~d existing unda the laws of the United Statos of Hmsrics and F?~ving its principal pl~cs of busineu in ths Ciy of Fat Piace, St. lucie Cou~ty, Flwida, hereinafter desiyna~cd as ths "MORTGAGEE:' WHEREAS the MORIGAGOR i~ jvstly indebted to the MORTGAGEE in the sum of : 11= 6~0 .~n , good and lawful money o1 the Un~tcd States advanced by ~he MORTGAGEE unto the MORiGAGOR, as evidenced by a certa~n promiuwy note Q( evan date he~ewiih, of wh~ch ~he following in words and fi ures is ~ true copy, lo-wit: z 11,60~.a0 ~ lOn1A0O3 2 fwt Pierce, Flaida, ~ tp L'r 3 2 ~y 7 for value receivcd, t, we w either of us, promise to a without dzfalcation, to the order of FfRST FEOERAt SAVINGS ANO LOAfV /I,SSOC1Ai17N OF FORT PIERCE a1 Fort Pierce, Florids, tix sum of s ~ 1~~~~~ •~O _ w~th interest from date at the rate of 7• 7~ pe~ annvm, In morphly instaU- .nan~s as loltows: S 9~ on the ZOt}~ day of bf'Cf~~h~'r , 19 72 and a like sum on tha cares~wnd~np day of each month ~herr af~er umil the whole be fully paid. Each installment (irst shall be appl~ed in paymenl of the interest and ~he~ on the unpaid balante of the princ~pa) sum. If d ault is made i~ the ; ay~nent of any instal{ment when due, and such default continuea 30 days, then at the option of the hotder, and witlwut any other not;ce, al! the rema~ning ~~r:tallment~ shall be due and payable at once. Privilege is given to prepay this rate in whole o~ in part at any time without penalty. Neither forebearance, nor acceptance by the halde~ Ihereof after any default in any payments Fxreon, shail be deemed extension. A Iate payment tharQe of Z •8O, shall be added to each instaltment rcmaining unpa~d 7 days after its due date, and a like sum shalf be added to each such installment remai~tng unpaid 7 dayt alter each succeeding payment date. Esch maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest fw nonpayment, and further ag~ees to any extens~on of time of payment, either before or after ma~urity, without notice to any of us; and to pay atl costs of cotlection, includ~rg a reasonable attorney's fee in the event of any delault hereunder, and hereby severally waives all benetit of homestesd and exemplion under the constitut'wn a+~d laws of each State of ~he United Sratez, as against this obiigation or any extension or renewal hereof. Witness the haod and seal of each party. . s/ rl l f rc d I_ . Test ~EaU (SE~?t) _s/ ~.~venc?olyn Test ~i~ 117 • ~n 1 State Revenue ~U .iStampLCSOCelted. on, oripioal _note~ NOW, THEREFORE, the MORTGAGOR fw the 11 , f~OO . UO purpost of ucu~ing payment of said sum of i , snd the performance of the covenants and agreements herei~after expressed, and fo~ divers good and valusble conside.ations, by these presents, dots grant, bar~~in, sell, remise, release, convey and confi~m unto the MORTGAGEE, its iucceuors and auigns, all that certain (ot, piece o~ parcet of land, situate, lying, and being in the County of St . I.LiC i e s~d State of Ftorida, dewibed as foftows: Lot 16, T31ock 2, KIL1.FrS St?I3UIl?I~IO`:, as nc~r .,~at thereof on tile in Plat t~ook 3, page 43, of the ~,ublic recorc~s of ~t. Luci~ County, Florida, STA E oF ~tr0 R 1I3 A~ ° oocv~Taer ~....~STA? iAx 1 . UEPi. Uf REyEM~ ' ~ • ~ O , M = : ' ~ ~ T ~ 3 o o= P.~. ~ ~--.~~..e I tN PAYHENT OF Tl~ ,snoi ~ ~ G~S 'C~ ~NtAN~~BIE P . . ° PURSl1ANr TO E~s~~ul. PROPERfr, CNAPTER 71•134. ACTS OF 197L ~ A06ER PORWIS '~~'<`~J ~ERK CIRCUR OpURT, ST. WCIE Cp, F~/~, G~ togetF~er with all and sirgular the tenemeMS, hereditaments ~nd +ppurtances thereunto belonging w in anywise ~ppert~inirg tl~ereto, ~nd all renri, issws, _ pr«ceds and ptofits xuuing and to accrue from said premixs, all of wFicfi are inctuded in the abave and foreyoinq dewiptio~ ~nd habendum, TO HAVE AND TO HOL~ the sbove described and grsnted premises unto the said MpRTGAGEE, in succe~sws and assipns forever, Md Ih~ asid '~ORTGAGOR for th('I T execurors, admin'rstrators and auig~s, F~ereby coven~nts with the ssid MORTGAGEE, in succeuws ~nd ~ssiyro, that t h P-~!- ~ r°--- Iawful! seited ot the said y premises in fee simple; tMt the same ~re fres, dear and discharged from all liens ~nd encwn. brances in law w in eqvity, snd that they will and thPl r heirs shall wur~nt a~d defend the title to the aam~ to the s+id MORTGAGEE, its successors and auigns, forever sgainat the lawfvl claims snd demsnds of all persons; PROVIDED, ALWAYS thst if fhe MORTGAGOR shall p~y unto the MORTGAGEE the promissory note hereinbefore dewibed arid shdl truly, promptly ? and fully periwm, discharge, execure, complete, comply witF~ ~nd abide by eacF? and every the stipulations, sgreements, conditions and coven~nft of said $ promissory note a~d of this Mortgsge, then this Mwtgsge a~+d the Ettate he~eby ueated sMll uase a~d be ~ull a~d void_ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular or plurs) ~nywhere in this Mortg+ge, sl+all be singufar if ona onty ~nd shall be plurat jointly and severaily if mwe then one, and that the wad "their" ss used ~nywhere i~ this Mwtgsge sh~lt be taken to me~n "his," "hers;' o. "its;' whc~ever the context so imp~ies w admits. Also, thst wherever there is a?eference in the covensnts ~nd agreements herein contsined to sny of the parties hereto, the same shall be consrrued to mean as well as the heirs, Iegat representatives, succeuor: a~d assignt (either voivMary by acf of !M parties or involuntsry by qxration of the law) of tF~e same snd that the covenants herein contained shall bind and the benefits and advant~~s inu~~ ro the respective heirs, legal representatives, successors and ass'gni of the partiea hereto. ~ And said Nbrtgagots, fw themselves and their hein, legal representativd, wcceuors and ss~igns, ixreby jointty and severally coven~nt a~d pret to end with the said MORTGAGEF, its avccessors and auigns: 1. ?o psy all and iingular the princips~ and interest ?nd the vario~t and sundry sums of money p~yabk by virtue of said promis~ory note, snd thia mortgage, each and every, promptly on the days respectively the same severally becort+e due. 2. To pay all ind singular the tsxes, assessmenti, levies, lisbilitid, ob(igations and enc~mlxances o( every nature and kind now on said described ~ property, p that heaeafter rr?ay be imposed, suffered, plsced, levied, o~ assessed tFxreo~, w that here~fta may be {evied w usessed upon this Morty- age, w the indebtedness secured hereby, esch and every, when due ~nd payable, stcordirg to law, befwe tF?ey become delir?quent, and befwe any interett areaches or any penalty is incurred; AfYO ItYSOfAR AS ANY THERfOF IS OF RKORD iHE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGE~ OF RECORD AND THE ORIGIfVAI OFFIGIAI. ~OCUMENT (SUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED? SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; •nd i~ the event thaf any fhereof is not paid, sar'sfied and discharged sa:d MORTGAGEE may at any time psy the ssme or ~ny psrt thereof without waiving w sffecting sny option, liee~, equity a •~aht under w by virtue of this mortgege and the f~ll amoun! of each and every svch payment shall be immediately due snd payable and shall be+r intereat ~•om the date thereof until paid st rate of nine per centum per annvm ~nd rogetF~e? w:th such interest shall be setured by the lien of th:s mor9t~e. E ~~~r ~U~ PACE ~ / ~7 , ~`~~~~r+^~~~ ~r ~ - z-~~` _ .~,c.- ' - '.~.'q~.,o ~ aC~~ '