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Home My WebLink About0655 . , ' THIS INDENIURE, Made the l~th day of Nove~li~r ~ A.D. 19 72 between _ Richard C. SmiLh and Joyce I. Saith? his wife ford~erly JoycQ I. Croweli o{ $t. ~.11C1@ ~~~~y Flwida, hereinafttr designated as the "MORTGAGOR," and FtRSi fEDERAt SAVIMtaS AND LOAN ASSOCfATtOfV OF FORT PIER~E, a co~pwatio~ organi:ed and exisrinp unda tF~e laws of th~ United Sut~i of Americ~ and Mving iti p?incipal placa of bu:ir?eu in tFw City of Fort Pierce, S~. luci~ Cou~ty, flo~ida, he~einafte~ desi9na~ed as t!w "MORTGAGEE." WHEREAS 1he MORTGAGOR is juitly i~debted lo the MORTGAGEE in the sum of s 17 •~0• ~ , good and iawful money of the Un;~ed Staies advanced by ths MORTGAGfE unto the MQRiGAGOR, as evidented by a ce~?a~n p?omissory nota of even date herew~th, oi wh~ch the tollowinp i~ words snd fi urea is a uue copy, to-wit: z 17 , 00~. 00 ~,i, 1 1903y_ ~ P~e«.. florida, Noveaber 1~ 19 72 . Fw value received, 1, we or e~ihe~ of us, promise to pay, wi~hout defalcat~on, to the order of FIRST fEDERAI SAVlNGS AND IOAN ASSOCIATiGN OF ~ORT PIERCE at Fwt Dierce. Florida, the sum of j 17 +~0• ~ w;th interest (rom date ar the rate of ~s.~o pe? annum, in monlhly install- _ ~~~en~s as foitows: S~40• on the 1 OtZ1 day of Ja~~r V , 19 73 and a like sum o~ the carespond~ny day of each r~onth tlure- ~ 34ter until the whote be fully paid. ~ Each instaHment iirst shall be applied in payrteent of the interest and thm on the u~paid balance of the princ;pal sum. - If defavlt is made in Ihe E ayment ot any instaliment when due, and such default continuts 30 days, then at the option of the holder, and without any othe? notice, a11 the remaimng ~~srallments shail be due and payable at once. Privilege is given to pcepay this note i~ whole w in part at ~ny time without penalty. Ne~ther {aebearance, nor acceptance by the holder thereof after any default in any payments he~eon, shall be deemed extension. A la!e payment charge of S 7•~, shsll be ~dded to each installment remaining u~paid 7 days after its due date, and a Pike sum shall tx added to each suth installment remaining unpaid 7 dayt aiter aach sutceeding paymeM date. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest fw nonpayment, and fu?the? agrees to any extension of time of payment, either befo.e or after matur~ty, witFaut notice to any of us; and to pay a!) costs of collecfion, includ~ng s .e+zonable attorney's !ee en the event oF any default hereu~drr, and hereby severally waives all benefit of homestead and exemption under the tonstitution s~~d laws of each $tate of the United States, as against this obligatio~ w any extensio~ w renewal hereof. Witoess the hand and seal of each party. s/ Richard C. Smith (SEAIJ (SEAI) s/ Joyce I. Saith fornerlv ~A~~ Joyce I. Crowell ~ $25. $O ~ State Revenue E6+aiwp~ twMeNeJ-+owvwg~~ai. ~a~e) NOW, THERfFORE, the ~WORTGAGOR for the purpox of secvrirg psyment of said sum of S 17~~~•~ and tFx performance of the covenants and agreements hereinafter expressed, and for divers good and val:wble consident~ons, by these presMts, does grant, bar~ain, sell, remise, release, convey and co~firm unto the MORTGAGEE, its successora and au~gns, aN that certain lot, piece w parcel of Isnd, situate, lying, and being in the Counry of St. I.ilC1Q and State of Fla;ds, dew;bed ~s follows: The South 30 feet of I.ot 15 and all of Lot 16, Block 5, ST. JAMBS PARK SUBDIVISION, according to the plat thereof on file in Plat Book i S, Page SS, Public Records of St. Lucie County, Florida? N ~ DOt-{A~N~ o~ L V~~? i RECEIYED ~ IN PAYMENT OF T nErT. o`-~----c RY ~ St A exFs QMP I ~~SS 1NTAMGiBtE PERSONAI PRpitERfy, ~ ~ j~ PURSl1Al~fi TO CFIAPTER 71•134, ACTS OF 19)1. ~ ' 4~25.50 ~ ~ o ~ ~HO2 ~ ~ER POITRAS c ~ ~LERK CIRq)(T OOURT, ST. LUCIE 00 ~ ~ !ogeti~er with all and singular the tenemeMS, hereditamentt and sppurtanca thereunto belanging q in anywise appeASining thereto, a~d slt renti, iuves, proceeds and profits acuuing and to acaue from said prertsises, all of whi~h are included in the abovs and fwegoing description and habendum. TO HAVE AND TO HOI~D the above described end grsnted prem~ses unto the said MORTGAGEE, in succeswrs and ~uignt forever. And th~ wId MORTGAGOR for - thelt----- heirs, executors, ~dministrators and assigrn, hereby covenaots with tfie said MORTGAGEE, in successors ~nd ~uipra, rhat th~y ~ e lawfully seized of the sa~d prem~ses in fee simple; tF+~t the same u~ free, ckar ~nd dixharyed from all liens and ~nc~~ brances in law or in equity, and thst thev W~~~ tt1e1Z hein shsll warrant and defend the title to the s~me to the s+id MORTGAGEE, in successws and assigns, fwever against the lawfuf claims and demands oi sll perw~s; PROVIDED, ALWAYS tl~st if the MORTGAGOR sl»II p~y irnto the MORTGAGEE the promiuory rwte hereinbefwe described ~nd ~lull Nuly, prompfly ~ and fully perform, dixMrge, execute, complete, comply with and abide by esch a~d every tiie :tip~lations, agreements, conditions snd tovenanri of said ! p+omissay note ar?d of this lNortgaQe, then this Mortgsge snd the Eatate hereby uested sfrsll tease and be n~H ~nd wid. ' } IT IS UNDERSTOOp that ~he wwd "Mortgagor" whett~er in the s~ngular w plwsl anywhere in this Mortgage, thall be singular if one only ind shall be pluial jointly snd seve~aUy if more than one, aod that the wwd "their" as used anywherc in this Mwtgsge shall be t~ken to mese "hi~;' "hen," or "its," wherever the context w implics or admits. Also, ihat whereva there is a reference in the coven~~ts ~nd ag~eemenb herein contained to any of rhe parties Frororo, the same shsll be construed to mem as well a~ the heirs, kgal represent~tivp, successon ~nd assiy~q (either voluntsry by sct of the parties or involuntary by operatan of tF+e law) of the same and tha! the covenants herein contsined shall bind ~nd the benefib ~nd adv~ntayes inurt fo tFx respective heirs, tegal representatives, succeuws and ss~~yns of the pa?ties hereto. Md said Mortgsgors, fw themselves and their heirs, legal representatives, successw~ and auiyos, ht~eby jointly .snd severally covenaM snd syree ~o and with the said MORTGAGEE, its successas and suigns: ' 1. To pay all and singular tFx principal and interest and the vario~s snd sundry sums of money paysble by virtw of said promiawry nots, ~nd this mwtgsge, each snd every, prompfly on the days respectivety tlx same severaily become due. 2. To p+y •II and ~ingular the uxes, assessmenn, levies. &abilities, obligarions and encumbances of wery nature and kind now on uid described property, o? tMt hereafter may be imposed, suffered, plated, kvied, w aueued thereon, or that herufter may be levied w stseued upon this Mort¢ age, w the iexiebtedneu tecured hereby, esch and evKy. when due and psyable, accwdiny to Iaw, before they become delirquem. ~nd befws any inte~eit ? arraches a any penilty is incuired; AND INSOFAR AS ANY THEREOF 15 Of RKORO THE SAME SHAII 8E PROMPTIY SATISfIED AND DISCHARGED OF RECORD ANO THE ORtGINAL OFfICIAI vOCUMENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OFfICIAILY ENOORSEO OR CERTIFIED) SHALL BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TfN DAYS NEXT Af1ER ?AYMENT; ~nd i~ the event thst any thereof is not paid, saYsfied and dischsrged sa:d MQRTGAGEE may at any time pay the same a any psrt thereof without waivin~ or affecting sny option, lien, equity or ~~~ht under w by virtue of this mortgage and the full amount of each and everyr sixh payment shall be immediatety dve and payabk and shall bear interest ~rom the date thereof un~il paid at rate of nine per centum per a~num and togelher w~th~v~h hall be the lien of Ih:s morgtaye. f( 800~ ~.VO ~AGE V~V ~ ~,~~s~~.~, ` ~ _T~~ ~ k s-- ~r _ ~ _ , _