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Home My WebLink About1187 2423fi5 ~ " THIS INDENTURE, Made the 17th day of Nov~abes ~ A.D. 19~.~ belween . Claude C. D~vis and Lillian M. Davis, his wife of St. ~11C~~ ~py~~y Flotids, hereinafte~ desgnared as the "MORTGkGOR," ~nd HRST fEOERA! SAVINGS AND IOAN ASSOCIATION OF FORi PIERGE, a corpwation o~9anized and existing under Ihe Isws of fhe United Stat~s of Americ~ ~nd Mving iri principal piace of : butineu in the City of Fort Pierce, St. lucie Covnry, Florida, her~inahs~ deii~oated as the "MORTGAGEE:' j WHEREAS Ihe MORTGAGOR is jusUy indebted ro the MORTGAGEE in the sum of S 18 a4QQ_QQ , good and lewiut money of the Unlted ~ S+ates advanced by the MORiGAGEE uiuo the MORIGAGOR, as e~idenced by a certa~n promiuwy no~e oi aven da~e :~erew~th, of whlth the followin~ in words and iigures is a tr~Q ~opy, to-wit: ' s i8,4oo~00 ~ ~~looi9n~e Fat Pieres, F~«~r~, Noveaber 17 ~9~_ For value received, 1, we w e:~her of us, premise to pay, without defalcation, 10 ~he order af FIRST FfDERAI SAVINGS AND IOAN ASSOC~AiION OF FORT PIERCE at Fwt P;erce, Flor~da, ~he sum of S--s~!s-~-~-~~ w~th interes~ from date at the rate of ~~"o pe* annum, in monthly install- ~~:rn~s as foltows: S- 13-6 on the lOLZ! day of ~Y~ 19_~ and a like sum on the correspond~ng day of exh mo~th therr ; atrer until the whole be fully pa~d. Each installment first shall be applied in payment of the interest and then on tF~e unpaid balance of the princ~pal sum. If defauit is made in the Fa,~ment of any installment when due, and such default continues 30 days, then a? the option of the ho{der, and without any other notice, all the remai~ing ~~~stallments shall be due and payabie at once. Privilege is given to prepay this rate i~ whole or in pan at any time without penatty. Neither forelxar~nce, nor acceptance by the holde~ tfiereof after any default in any payme~ts hereon, shall be deemed extension. A late payment tharge of =6.$~ shall be added to each installment .emaining unpaid 7 days after its due date, a~d a like sum si~all be added to each svch insraltment remaining u~paid 7 days aftar each succeeding payment date. ~ Each maker, surety and endorser hereof, jointly ar~d severally, waives demand, p~esentment protest and not~ce of protest fw nonpayment, and further ag~ees to any eztension of t;me of payment, either before o~ after maturity, without not~ce to any of us; and to pay a!! costs of ~ollection, includ:ng a reaso~able attorney's fee in the event of any default hereunder, and hertby severalty waives a!I benefit ot tamcstead and exemption under the tonstitutan a;,d taws of each State of the United States, as against this obligation ot any extension a renewal hereof. Wit~ess the hand and seal of each party. s/ Claude C. Davis ~Eq~~ (SEAL) s~ I.iilian M~ Dav3 s {SEqL) r 2'~ ~ GO j State Revenue ~~u ~.Saww~s.o~~cdl~d ~n.visi~a~ a~hi - NOW, THEREFORE, the MORTGAGOR for the purpose of xcuring payment of said sum of S 18 f4~~ ~ and fM performs~ce of the covenants and agreements hereinafter expressed, and for d'+vers good a~d valuable cwutderations, by these preunts, does grant, bargain, setl, rcmise, release, convcy and confirm unto the MORiGAGEE, its wccessors and auigns, all that certaiR lot, piecs or pucel of lu?c~, situate, lying, end being in the Couny of $t. Lueie and State of Florida, dcscribed as fotlows: all of The South 1/2 of Lot 37 artd/Lot 38, ORANGB GROVB PARK, as pex plat thereof on file in Plat Book 5, Page 46, of the Public Records of St. Lu~ie County, Florida S A E OF FLflR1DA ~ ~ DOCUMENTAR~ STA_.M~ X I c~ " OEPi. Q~ YRE ENNE'. ~ w r p ~ V O ~ _ = uo+rt~'~~ _ ~ Z 7. ~ o ~ r.~. " v~ N~02 j f RECEfVED - ~ IN PAYMENT ~F T/ U~ • , D(~ O N C I A S S ' C I N TAN616LE PE~SONAL PROPERTY, ~~T fi CHAPTER 7I-13~, 11~TS Oi 19)l. aoc~ Po,r~s . CLEInf ~IRq1R COURT, ST. UIClE 00, ~ together with aIl and singular the tenements, hereditaments and appurtances therevnto belonging w in anywise appertsininp thereto, ~nd ~fl renb, iuua, proceeds and profits atcruing and to acuue from said premises, aN of which srs included in the sbove and foregoing desuiptan snd habendum. TO HAYE AND i0 LD tF~e above desuibed and qranted premises unto the said MORTGAGEE, ib s~ccessors and assigns fweret. And tlw said titiORTGAGOR fa the~Y_____ ~~~s, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its successon and auigns, ~i,at lawfully se~zed of the said premises in fee simple; thaf the s~me are free, tkar and diuMrged from all liens and encwn- brances in Iaw or in equity, and that they N,;~~ a~ t~l@lY heirs sMll warcant s~d defend the titk ro the same to the said h10RTGAGfE. its successors and assigns, fwever against the lawful claims and demar~ of stl pertons; PROVIDED, AlWAYS tlwt if the MORTGAGOR shail pay unro tMe MORTGAGEE the promiuory ?ate hereinbefwe described snd ihall truly, pramptly and fuliy perfwm, diuharge. execute, complete, comply with and abide by each and every the stipulations, agreements, condiYOr?s and twenanri of ssid p~omiisory note snd of this JNongage, thcn this JNortgage and the Estate hereby ueated shall te+se and be nvll and wid. IT IS UNDERSTOOp that the word "Mwtgagor" wFether in the s~ixjuiar w plurat anywhere in this Morigspe, shal) be sinpular if one only ~nd shall be ptuial jointly and severally if more tha~ ax, snd that tF~e wwd "their" ss used anywhere in this Mortgsge shall be tsken to mesn "his; ••'hers; ' or "its," wherever the context w implies w admits. Also, thst wlxrever there is a reference in rhe covensnr• and .greemenn herein coma~rKd ro.ny of the parties hereto, the same shall be construed to mean as weU as the heirs, legal representatives, successors and auigns (eitF~er voluntary by ~ct of fM partie~ or involuntary by operation of the law) of the same and that the covenants F~ein cont~ined shall bind and the ber?ef~n aed advnrsye• inur~ to the respective heirs, legal reprexntativts, succeuws ar?d au~gns o( the psnies hereto. Md said Mortgagws, fw themxlves a~d their heirs, legal represe+ttatives, sutcessors and sssigns, F~ereby joiMly and severally twenant and apree ' fo and with the wid MORTGAGEE, its successors and assigns: 1. To pay ~I) ~nd singulsr tne principal and ~ntaest and the various and sundry sums of money p~yable by virtue of said promiuory note, end fhis mortgage, each a~d every, promptly on the days respectively the same xveralty become dve. ' 2. To pay all ~nd singufar the tsxes, assessmena, levies, liabilitiei, obligat'ro~s snd encumbnnces of every nsw~e snd kind now ofn said described ~ property, w that hereafter msy be impo~ed, suffered, placed, levied, or suessed thereon, or thst he~eafter may be levied o~ auessed upon this Mwt¢ age, a the inJebtedness secured hereby, each and every, when due ~nd payabte, xcording to taw, before they become delinquent, and before any intaest arreches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD TME SAME SHAtL BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND TME ORIGIIVAL OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC(AILY ENOORSEO OR CERTIFIED) SHALL BE PLACEO IN THE HANDS OF SAID MORTGAGEE Wt1HIN TEN DAYS NEXT AFTER PAYMENT; ~r?d in the event thst any thereof is no1 pa~d, ssYSfied and dixharged sa:d MORTGAGEE msy st a~y time pay the same or ~ny part thercof without waiving w affecting any opYwn, lien, eqv;ty p ~~qht u~der o~ by virtue of this mortgage a~d the ful~ amount of esch and every iuch payment fhalt be immediately dve and payable and sha!! bear i~tNest ~rom rhe date theieof until psid at rate of nine per cent~m per an~vm a~dlJo~l1 ~*tuch in s~~r be iecured by the lien of th:s morgta9t. 80U+;~VU N~~.f ~10 / ~ . ~ ~ - , ti , _ ~ , . ;,~s'' Yli~~~ ` G~