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Home My WebLink About0956 ' ~ ~ i ~ THIS INQENTURE. Msde ~1te 14tb day of November . A.D. 19 72 between 6ugene Hezndon and Mary A. Herndon, his wife of St. Lucie ~p~~~y Flwida, he~einafter designaeed as the "MORTGAGOR;' and FIRST FEUERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, s corporation agani:ed and existing under the lawt of the United S~ito~ of Ame~ica and having its principal place of busineu in tF?s Ciy of Fwt Piace, St. lucie County, Flaida, hereinaiter deignated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 79~7~~~~ , 9ood and lawiul money of the Un+ted Srates advanced by the MORTGAGEE un~o the MORTGAGOR, as evidanced by a certain promissory note oi even date herewith, of wh~ch the toflowin9 in words and figures is a true copy, to-wit: l~Q~.9~1 s 79,700.00 No Fwt Pieres, flwida, November 14~ ~q 72 Fw value receivc+d, 1, we or e~ther of us, prom~se t nhout defalcat~on, to ~he order of FIRST FEDERAL SAVINGS AND LOAN ASSOCiA.TION OA- :ORT PIERCE at Fort Pierce, florida, the sum of S 79 with interest from date at the rate of 7~75o per annum, in n~onthly install- „enrs as fol!ows: S- 6~~~ on the l~t~ day of Mareh 19_73 and a like svm on the carespond~np day o4 each month there- ai~er uMil the whole be fully paid. Each instalfinenf ferst shall be appl~ed in peyment of the interest and then on the unpaid balance of the pr~~c~pal sum. If defauh is rnade in the ~:a~ment of any insra~~mero when due, and such de4auit continues 30 days, then at the opteo~ of the holder, and wilhout any other noYce, all the remaining ~~~srall~nents shall be d~e and payabie at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neiiner forebea?ance, nor acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late paymeM charge of S~2~~ shal) be ~dJed to each ~nsta!iment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after eech succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and no~ice of protest fw nonpayment, and further agrees to any eztension of t~nee of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a r~~~sonabie attorney s fee in the event of any default heraunder, and hereby severally waives all benefit of homestead and exemp~ion under the constitWion ~•d laws of each State of the United States, as aga~nst this obligation or any extension or renewal hereof. W+tness the hand and seal of each party. ~ (SEAu s uqene ern on ~sEa~~ cs~?u $119. SS s/ Mary A. Herndoa ~S~ ( ) State Revenue iscaw~s...o.~ki «:gM~l..»?~ 79 700 00 NOW, THEREfORE, the MORTGAGOR for the purpose of sccvring payment of said sum of = ~ ' and the pe?formence of the covenants and agreements hereinafter expressed, and for divers good and valuable coniiderations, by these presents, dces grant, bargain, sell, remise, re~ease, convey and conf~rm unto~ the MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of iand, situate, lying, and being in the ~ Co:,nty of St. Lueie and State of florids, dcxribed as follows; ~ Block 15 Lots 7 and 8~/REVISED PLAT OR FORT PIERCE BEACH SUBDIVYSION, as per plat thereof on file in Plat Baok 8, page 29, of the Pnblic Records of St. Lucie County, Rlorida, ~ TE ,F s~~^^_~~-' t ; ~ ~OCAMENj~r,,~°~ 1 ~ V O ~ ~ o? co ~EPT_~EN~)E .a . ~ ~ ~ 9. ~ ~ I ~ ~E~ ~F jl?X~ _ f =r - ~ ko~ ~ i 12 ~ ~ 1 I~ y. ~ IN p~ ~ pRpQERn~ a ~ P.8' 19i1•/si( ~ _ ~~~02 RE~~ INt~ B ~F ~ ~c J o p~ 0 SE ~ ~ ~ ~ ~R~s CO ~ ~ ~ ~IE,RK ~~R~ ~ . ~ +ogether with alt and singular the te++ements, hereditaments snd appurtances thereunto belaging a in anyvrite appertaining thereto, snd aIl ~eNS, tuues, ~ pr«eeds and profits acauing and to sccrue from said premixs, all of which are included in the above and faegang desuiptio~ and !?sbendum. TO HAVE AND TO HOID the above desaibed and granted premises unto the said NWRTGAGEE, its tuaessws and ~uigns fwever. And iM said ~ M,ORTGAGOR fa - thQl= heirs, executors, administrators and ass7gns, hereby covenants with the ssid MORTGAGEE, iri sutcesson a~d auiQro, f r~ th are ~ ii,at lawfully se~zed of the said premises in fee s~mple; tMt the same aro iree, dear ~nd dixharged irom all liens and encurrr brances in law or in equity, and that th~- will and their heirs ihsll warrant and defend the title to the same to the said ~ MORTGAGEE, its successws and auigns, forever against the lawful daims and demands of all persona; r PROVI~ED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe destribed and sh~ll truly, prompNy - and fully perform, d~uharge, execute, complete, comply with and abide by each and every the stipul~tions, sgreements, conditions and covensnts of s+id cromisswy note snd of this Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be null snd void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plura) ~nywhere in tF~is AAortgaye, shall be sinpulu if o~e only ~nd ~ shnll be plural jointly and uverally if more than one, a~d that the word 'Yheii' as osed anywhere in this Mutgsge shall be tsken to mean "his;' "hen," or "its," wherever the context w implies a admits. Also, that wherever there is s refe?ence in the covensnb +~d agreement~ lxrein contained fo ~ny of r~ rhe parties hereto, fhe same shall be construed to mean as weU as the heirs, legal representatives, succsuors s~d auigns (either voluntary by act of the part~es or involuntary by operation of the law) of the same and thst the covenants herein contained shall bind and the benefit~ and adwntayes inwe ~ to the ~apective heirs, Icgsl rcpresentatives, successors and ass~gns of the psrties hereto. c~ ~ And said Mortgsgors, fw themulves and the+r heirs, legal representatives, successors ~nd sssigns, hereby jointly and severally covenant snd a9ree ~ ~o snd with the wid MORTGAGEE, it~ successas and assigns: ~ 1. To psy all and singutar the principal and iMerest and the various and sundry wms of money paysble by virtue of said promissory note, and thi~ mwigage, each and every, promptly on ihe dsys ~espectively the same severally become due. ~ 2. To pay aIl snd singvlar the tsaes, asussmenri, levies, liabilities, bbligations and encumbrances of every narure and kind now on seid described property, w that hereaiter may be imposed, suffered, placcd, levied, w assessed thereon, a that hereafter may be levied a usessed upon this Morty- age, or the indebtedrtess secured hereby, each and every, when dve and payable, xcording to law, befwe they become delirpuent, ~nd before ~ny interest ~ attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt 6E PRONIPTLY SATISfIED AND DISCHARGED OF ~ RECORU AND THE ORtGINAI OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICtAILY ENDORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, sar'sfied and discharged sa:d MORTGAGEE may at any time pay the same w any p~rt thereof without wsiving or sffecting any optiq~, lien, equify o~ ~ •~qht under o? by virtue of this morrgage and the full amovnt of each and evcry such paymeM sFull be immediately due and payable snd shall bear interest ~rom the date ?hercof until patd at rate of n]ne per centum per annum andOt~eth r,~ futh inter,~be secwed by the lien of th:s morgt~qe. ~ eee~~;V~ ~nc~ ' . ~ - ` t'" ' ; }F ~'S~,, s~e-y^~ . . ~ ~ ''~"z ~`d~- C ,:~~'°''.r .l,.l r " 'S++ ~ .a~.Ws`^"~. _ . ~ w~ ``''~`'~~~4~ . ~ . T+~~.,`~`~ -`x^."~~-~.. 3s