The URL can be used to link to this page

Home My WebLink About0649 ~ +~v vr THIS INOENTURE. Made the 3rd day of Noveaber A.p. 19 72 ~etw~n _ A. O. A. Iac.~ a Rlorida Corporation of St • LuC l.e County Fiwida, hereinafta deignated +s ths "MQRTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpo.ation org~ni:cd and exis~ing under tM la•.rs of the Unired 5~ar~s of America and haviny i~s qincipsl plac~ of ~ businett io tM Ciry of Fort Pi~~ce, 51. Lutis Couoty, Florida, hereinafter designated as tM "MORTGAGEE:' ' WHERFAS IM MORTGAGOR is jusNy i~debted to ths MORTGAGEE in the sum of = i~ s 2~ , Qood and la.~fut money of the Un~~ed j ~ States advanced by the MORTGAGEE unto the MORTGAGOR, as evicknced by a certain promiuwy note of even dato herewith, of wh~ch the followir~g in ? ~ words snd i' ures is a trus copy, to-wii: ° f 10,2~•~ 10019026 Fon Pkrce, Plorids, November 3, 19 72 For value received, 1, we o? either of us, prom~se to pay, without defalcat+on, to the order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIAT;ON OF ~ iC.'RT PIERCE at Fwt Pierce, florida, the sum of s 1~~2~•~ w~~h interest irom date at the rate of 7~7~,o per annum, in monthly install- :~~ents as fot!ows: S 11O!~ on the 1O~h day of ~~em~r 19_ 72 and a like sum on the conespond~ng day of each month there- atter untit the whole be fulty Faid. Each installment .`irs~ sha11 be applied in payment of the intereal and ~hen on the unpa~d (wtance of the p~inc~pat sum. If default is made in the , Fay~nent of any ins~allment wFf~n dve, and such default cominues 30 days, then at the option of the fiolder, and without any other notice, ail the remaining ~ ~~~srattments shatl be due and payabte at once. Privitege is g+vert to prepay this note in whole or in part at any t~me without penalty. Neither fwebcarance, ~ nor acceptan~e by the ho~der thereof afrer any drfault ;n any paymenra hereon, ahall br dremed eztension. A late payment charge of S~.i~-, shall be edded to each installment rema~n~ng unpaid 7 days after its due date, and a like sun: s~all be added to each such instaltment remaining unpaid 7 days after : each succeeding payment date. ± _ f Each make~, surety and endorser hereof, join!!y ar~d eeverally, w~ives demand, prese~tmem protest and notice of protest for nonpayment, and further ` agrees to any extension of time of payment, eithar before w aSter matur;ty, without not~ce to any of us; and to pay all costs of collection, includ~ng a r" r~~asonable a~rorney's fee in ~he even~ of any default hereunder, and hereby severally werves al! benelit of homesfead ar~d exempt~on unde~ the constitution ' a«d laws of each State of the United States, as aga~nst this obl~gation a any extens~on w renewal hereof. , Wit~ess the hand and seal of each party. A• A. InC • BYt s/ Bert V. Adans. President ~AU . . ~au Corporate Seal Affixed ATTES?t s/ Elizabeth Kiessel. ~~p ~ Secretary-Treasurer ' 515.30 ) State Revenoe ' ~ iE~rsrnpi <aneeMed-a+~r.ginsF-nv~e) , NOW, THEREfORE, the MORTGAGOR for tFx purpou of securing payment of said sum of S l~ ~ 2~' ~ and ihe pe?formance af th~ , cove~ants a~ agreemenfs he~einafter expressed, snd fw dive~s good and valuable considerations, by thess presents, does grent, bargain, seV, rem~se, releau, convey snd confirm unto the MORTGAGEE, its succeuors and auigns, all that certain lol, piece or parcel of land, situa~e, (yinp, and b~:n~ i~ the - County of St. Lucie and State of Fbrids, desvibed ss follows: Lots 11, 12, 13, and 14, Block 2 and the 10 foot vacated alley ruaning North and South n ent on the East of Lots 11 and 12 and on the west of Lota 13 and 14 VYSTA, according to plat thereof on file in Plat Book 5, page 49, of the Public Records of St. Lucie County, Florida, ~ K STATE ~F ~LORI~A ; RE:.E~:ED f~~ ~O~N P~Y~AENT OF UOCUMfNTARY ~-,.,~STaMP i A Y ~ ppE oN cu?ss •C' iNtlwG~e~E ?E~':~:~~~ p`~rE~~r. °c ~ ~ DEPi. (1~ RE11E1~iUE ~~~'b ' py~$t!A!(i 10 CIU1PiER 71-134. 11CiS OF l9)l. y~j~ PORRl1S ~ p - _ :,.ry,~-~: _ .i . : ~ I 5. 3 0 1 ~ c,~cwt~oo~u~, sT. u,c~ oo. ~ ~ ~~~oi ~ 0 i , . i tagether with a!! and singuls~ the tencments, hereditaments and appurta~ces thereunto belonging a in ~nywise appertsining therefo, and sl) rents, issua, ' j p~xeeds snd profits accruing and to accrue from ssid premises, all of which ue intluded in the above and forega~g dewiption and habendvm. j TO HAVE AND T HOID the sbove described and granted premises uMO the said MORTGAGEE, its svccesson and auigro fwever. Md th~ said i ! MORTGAGOR for ~ ts hein, exetuton, administrarws and asaigns, hereby covena~b wFth the uid MORTGAGEE, ib successors and assi9ro, rhat - 1 t 15 ~awfutly se~zed of fhe said premises in fee ~imple; that the same ~re free, clear snd discharged from all lieni and encuro- orances in taw or in equity, and thaf lt will and it5 hein sMll warranf and defend fhe title to 1he same to the said MORTGAGEE, its successws and auigns, forever against the lawfu) claims and demands of all persa~s; PROVI~ED, ALWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the p~omissory note I~ereinbefore described ar+d shall truty, promptly and fully perform, discharge, execute, compkte, comply with and sbide by each and every the stipulalions, sg~eements, conditions and tovenants of siid ' promissory note ~nd of this Mortgsga then this Mortgage and the Estate hereby veated shall ce~se and be null and void. i IT IS UNDERSTOOD that the word "Mwtgagw" whether in the singular or plwal anywhere in this Mortgaye, shsll be sinyular if one only and ihall be ptural jointly and sever~lly if more than one, and that the word °their" as vud anywheie in this Mwtg,ge sh~ll be taken to mean "his:• ••hen,' w"irs;' wherever the context w implies a sdmits. Also, that wherever there is a referente in the coven~nb and agreements herein cont+ined to ~ny of the parties herNo, the same shall be construed to me+n as well as tF?e heirs, tegal representatives, s~ccesso~s and auigns (eithet voluntary by act of the parties or invofuntary by opera~ion of the law) of the same and that the cove~ants herein tontained shall bind and the benefin and ~dvantsyd inure ro the rqpective hein, legsl representatives, successws and su~gns of the panies hereto. ~ And said Mortgsgors, fo~ themulves and their hein, legal reprexntstires, successws and aaigns, hereby jointly a~d severaily covens~t and ~yrce i to and with the asid MORTGAGfE, its wccessors end auigns: i 1. To pay ell and singvlar the pirncipal and interest and the vario~s a~d s~ndry sums of money psyable by virt~e of said promissory note, ard this ~ mortgage, esth snd evcry, promptly on the days respectively the ssme severally becwne due. 1 ~ 2. To psy ~II snd singular the qxes, asussments, levies, IiabiliY~es, obligsYwns a~d e~cumbr~nces of every nafure and kind now o~ uid described ' property, or that hereafter msy be impoted, suffered, plxed, levied, a~ssessed thereon, w that here~fter may be (evied a auessed ~pon ihis Mort~ ° a e, a the indebtedness secured F?creb , each snd ev 4 ~ 9 Y ery, when due and psyable, sccording to I~w, befwe they become delirpueM. ~nd befwe ~ny iMaa1 ~ s attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF t5 OF RKORD THE SAME SHAL! 8f PROMPILY SATISFIEO AND DISCNARGEO OF ~ RfCORD AND ~HE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENDORSED ~ OR CERTIFIED) SHAII BE PIACtD IN THE HANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the evenf that any thtreof is not ' pa;d, sat"sficd and discharged sa;d MORTGAGEE may a/ a~y ~ime psy !he same or any part the~eof witho~t waiving or affecting sny optio~, lien, equity w ' •iqht under w by virtue of this mortgagc and the full amount of each ~nd every such payment shall be immediately due and paysble and ahall besr inferest ; ~.om t}w date rhercof umil pa~d ar rare of n~ne pe. cenrum per annum •nd togethe~ w"ah ~yc~ i~rpr~l! be sec~ed_b~e ~he lien of th:s morgta~e. ; . BOCK ~i~ ~??~E 49 ~ _e ~5~ : ; _ • . ~ ~ ~ ~ ~ ~ 'r a ~ ~