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Home My WebLink About0659 ;~~~U1~s THIS I~J~ENTURE, AA~de the ~h day of NOVHQlbBt' A.D. 19 betweer? W~me E. Ne~nnan and Pamela P. Newman, his xife, of c~i• L11C18 Co~nry Florid~, hereinaiter dcignated as the "MORTGAGOR;' an 'FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a capaat:on organized and ex~s~ing unde~ tM~~l'ws of IhR U~~(ed Stat~s of Americ~ and Mving iti principal place of busi~eu in ths Ciry of F~vt Pieres. Sf. lucie County. Florida. here;nafte~ drs~g~~tetl as the "MpRTGAGQE:'1 WHEREAS tM MORTGAGOR is jvitly indebted to the MORTGAGEE in the sum of S-.~.!~~•~ , good and lawful money of the Un~ted S~ates advanced by the tdpRTGAGEE unto the MORTGAGOR, as evicknced by a certa~n promiuory nole of even date herowith, of wh~ch the foUowinp in words and figures is a true copy, to-wit: f 1.~„~00.00 No 1~~4.~~ fo?t Pierce, flortda, November~ 9, 19~ Fw val~e rece~ved, 1, we w either of us, prom~se to pay, wi~hout defalcat~on, to the ordrr of FIRST FEDERAt SA.~VIN~+GS 71ND tOAN ASSOCIATiDN QF fORT PIERCE at Fort Pierce, Florida, the sum oi S 1~Z~•~ _ with interes~t from date at the rate oi _L_t296 per a^num, in monthly ;nst~fl- ~^e~~s as foI!ows: S- 1 on the 13t day oF Jan~='.IC , 19_L.L and a Gke sum o~ the carrespond~n~ dap of each month ~here- afte~ untii the whole b~ futly paid. Each installment first shall be appl~rd in payment of the interest and then on the unpafd balance of the prinupal sum: If default is made in the F~airne~t of any installment when due, and such default continues 30 days, then at the option of the holde~, and witha;~t any othx: notice, alf the remai~ing ~~,s~allments sha(I be due and payabte at once. Privitege is given to prepay this note in whole or en part at any t7me without penalty. Neither faebearance, no. acceptance by the holder thereof afrer any default 3n any paymenfs hereon, shall be deemed exte~sion. A late payment charge of S•?~ shall be added to each instatlment remaining unpa:d 7 days aiter its due date, and a like sum shall be added to each such installment rema~ning unpaid 7 days after each succeeding paymeN date. Each meker, surety and endcraer hereof, jointly and severalty, waives demand, presentment protest and notice of protest for no~payment, and further agrees to any extension of time of payment, either beiore or after maturity, without not~ce to any of us; and to pay a!1 costs of coftection, includ~ng a reasonable attorney's fee in the event of any default hereunder, and herehy severally waives all benefit of homestead and exemption under the conatitution a:;d laws of eath State of the United States, as aga~nat this obligation or any extensioo or renewa) hereof, Ylit~ess the hand and seal oF each party. - S/ Wayne E. Ne~an ~sEAi> (SEAL) _S/ Pae~ela P. Ne~an ( ~2 •55 ) State Revenue (S3e~IpiZ7lttlflld'ER'ETIJIlpR'71E1e) + NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of S~~7~'~ a~d ff~e pe?lormance of the E covenann and agreements hereinafrer expressed, and fw divers 9ood and valuable considerations, by these presents, does grant, bargain, sell, remise, ~ release, convey and contirm unto the MORTGAGEE, its successors and assigns, all that certain bt, piece or parcel of land, situate, lying, and being in the County of St a~d State of Fbrida, dewibed ai fotlows: ~ ' i The East ltl~ feet of I,ot 38 and the West !t~ feet of Lot 39, Block 92, of INDIAN RIVER FSTATES, UNTT NINE, according to the plat thereof as recorded in P1at Book 10, at page 7~, of the public records of St. Iucie County, Florida,f ~ ~ f - ~0~~ ~ ~y , Iaf o This is a second mortgage being ~unior and inferior ~0~ rt1 on~y to a prior first mortgage fr~ mortgagors to t~"' =r aartgag~ee dated April 27, 1972 and reaorded May 1, ' i11 rf - ~ 1972, in 0. R. Book 202, pages 2515 and 2516~ public ! 4~., f records of St. Lucie County, Florida. !~Q~~ ~ ~ uZi RE~~ ' ~ IN PhYM ENT GF TAC S l ~ ON C~ASS'G' INTANGIBLE PERS(iNRL PHQF:ii:'Y, `V ~I ~l~! s PL'i~St//+NT TO CitAP1ER 71•134. ACTC i.f iSl1. ~Q~a ~2 . RO~~R ?OIT:iAS /7.7~~ ~LEiiK ~IRC~11T ri~Uy~, 1~;~t .i~., Fl/. ~ rogether with all and singular the tenements, hererlitameMi and sppurtsnces thereunto betonging or in anywise sppe?t~ining thereto, and all reMS, iuues, proceed~ and profits accruing snd to acvue from said premises, sll of which are includcd in the above and foregoiny desuiption snd habendum. TO HAVE AND ~Q HQtD-the a ob~'v desuibed and granted p~emises unto the said MORTGAGEE, its svtcessors and auiyns fweve?. And the said 21B lr MORTGA R fw hein, exetutws, administrators and assigns, hereby covenants with the ssid MORTGAGEE, ifs tucceswrs and ~stigru, that - t~+~-8~-- lawfully uized of the said prem~ses in fee simple; that the same are free, clear t~d diuha~ged from sU liens ~nd eixum- trances in Isw or in equity, and that t~~ will and the i~ heirs shall warrant and defend the title to the same to the ssid ' MORTGAGEE, its success.us and auigns, forever against the tawful claims and demsnds of all persons; PROYIDEU, ALWAYS that if the MORTGAGOR shall psy unro the`MORTGAGEE the promiuwy oote hereinbefwe described and shall truly, promptly and fully perform, d~xharge, execute, complete, comply with and abide by each snd every the stipulariont, agreements, conditions snd covensnts of said prom~ssory note and of this Mwtgage, then this Mortgage and tFie Estate hereby created shall uase and be null a~d void. IT IS UNDERSTOOp that the word •'µortgsgor" whether in the sir?gutar w plural anywhere in this Mortgage, shall be sir?pular if w~e only snd shall be plura) jointly and severally if more thsn one, snd that the wad "their" as u~ed anywhere in this AAwtgage shall be taken to mearr "hi~" "hen," or "its," whe?eve? the context so implies or admits. Also, that wherever shere is a reference in the covens~ts and agreements herein contained to any of the psrties he?eto, the same shall be construed ro mean as well ss the F~eirt, legal representatives, successon and assigns (e~ther Yoluntary by ~cf of ths parties or involuntary by operation of the !aw) of the same and that the covena~ts herein contained shall bind snd the benefits and adv+ntsgd invre ro the respective heirs, kg~l represe~tatives, succeuas end ass~gns of tl~e partid hereto. And said Nbrtgsgors, for thcroselves and their hein, legal rep?esentatives, s~ccessors and eugns, hereby jointly and severally covensnt and syree fo snd with the said MORTGAGEE, its s~ccessors and auigns: T. To pay aN a~d singubr tht principal and interest and the various and sundry s~ms of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same xve?ally become due. 2. To psy all and singular the tsxes, asseumente, levies, liabilities, oW~getions and encumbrances of every nature and kind raw on said desuibed prope~ty, or that hereafter may be imposed, wffered, pfxed, levied, or ~ssessed thereon, or tMt hereaffd may ba levied or usessed upon this Mort¢ age, w ths indebted~eu secured hereby, each ~nd every, when due and psyable, xcordir?p to law, befwe they become delinqueM, ~nd before ~ny intere~t attathes ot any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAIL BE PROMPTIY SATISFIED AND DISCHARGE~ Of RECORD AND THf ORIGJNAI OfFIC1Al DOCUMENT (SUCH /?S, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIALLY ENDORSED OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WfTHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt pa~d, sat'sfied and dixharged sa:d MORiGAGEE may at any timr pay the same or any part thereof without ws;ving p aHecting any optioc~, lien, equity or •~qht under w by virtue of this morrgage and the full amount of each and every such payment shall be immcdiately due and pay~ble snd shall besr interest ~rom the date thereof until paid at rate of n~ne pe~ centum per annum ar+d together w~th such ~t~et t~ secured~c ~t'~' en of th:s mOrgtaye. 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