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Home My WebLink About1728 y 27th da of NOVS~QZ • A.D. 19_~, between THIS INDENiURE. Made the y Rog~Y ?el1QY. a single adult; and Inez~ L•! : RoesQ~ a? sit~ale adult of St. ~tlGi@ Govnty flwida, hera~nafte~ dcs~gnated at the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN AS$OCIATION OF FORT PIERCE, a corporanon organized and ex{st~ng under the law• of the Un~ted Searas of America and having itti prinupal ,~lace of bui~ness in tM City ot Fort Pierce, St. Lucie County, Florida, hereinafter drs~gna~sd ai the "MORTGAGEE:' WHEREAS !he MORTGAGOR is juftly indebted to the MORTGAGEE in the sum of S 1]~-i1OQ~OO , good and lawful money of the Un~ted Sfates advanced by ihe M.ORivAGEE unto ~he MORTGAGOR, as evidtnced by a certa~n promissory nofe of e~e~ date herewirh, of wh:ch the followirtg in words and figures is a rrua copy, to-wif: s l i al ~ ~ 10019097 Fort Pierte, Florids, NOV@O~@Y 27 ~y 72 For value received, 1, we or e~ther of us, prom+se 1o pay, without defalcation, to the order of FIitST fEDERA~ $AVtNGS AND :OAh ASSOCIATIO~I OF FORT PIERCE at fort Pierce, florida, fhe sum of S-~~~-~~~--- wrth interest from date at the ~ate of o per annum, in monthly inslall- ^e~.n as fol'ows: 5--~-l-~--- on the __~~~1day of ~r~ 19 -Z~ and a Gke sum on the correspondLig day of each month there- airer ~n1i! the who:e be fu{ly pa~d. Each insraflment first shall be appi~ed ~n payment of the in~erest and then on the unpald batance of the p~inrpal sum. It defa~h is made in the ,:,~nent of any installment vvhen due, and such cfefault continues 30 days, fhen at the option of the holdrr, and ~vithout any otF.er not~ce, all the remain~ng .~~staL'ments shall b.: dve and payab'.e at once. Priv~Iege is given to prepay this note in whole or in part at any time without penalty. Neither faebearance, nor acceptance by lhe holder thereof after any deFault in any paymcnts hereon, shall be deemed extensron. A late payment charge of S~`~~ , shall be ad~~d to each instalime~t remaining unpa~d 7 days after its due date, and a I~ke surn shall be added to each such installment remaini~g unpaid 7 days aftet r.~cn succeeding paymem dat-r. Each maker, n~rety and endo{ser hereof, jointly and severa~ly, wa~ves demand, p~esent~nent protest and nat~ce of protest for nonpayment, and furlher 33~ees to any extension of t:~r.e of payment, eifher befo~e or after maturiry, without not~ce to any of us; and to pay a~l costs of coUection, including a r~~,~sonable atromcy s fee ~n thr event of any drfauit hereunde?, and hereby seveially wai~es a~l benefit of homestead and exrmption under the constitutan ~,d iaws of each State of the lln~ted States, as aga~nst this obl~gation w any extension or renewal hereof. W~tness the hand a~d seal of each party. s/ Roger Teller ~ a s nq~ e ad~~a~~ (~EAI) s/ Inez L. Roese ~s~~?u csea~) $16.65 1 State Revenue ~s..~..~«~.~~•oas~.w~ - 11 100.00 NOW, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of said sum of S ~ and the pcrfamance of the ;:.~e.~ants and agreements he.einnf?er expressed, and fo~ divers good and valusble considerations, by these presents, dces grant, bargain, sell, remise, release, convey and co~firm unto the MORiGAGEE, its succeswrs and ass~gns, atl that certain lot, piece w parcel of land, situate, lying, and being in the . County of st • Z'uC i@ and State of Flwids, dexribed a~ follows: Beginning at the NB corneY of the NW'~ of the NB'~ of the NB~ of Section 7, ?awnship 35 South, Range 40 Bast, run West 385 feet to a point; thence lwcn and run South 360 feQt to a point; thence twrn and run Bast 193 feet for point of beginning; fso~ said point of beginning cantinue Sast 64 feet to a point; thence tuYn and Yw~ South 125 feet to a point; thence turn and run West 64 feet to a point; thence tarn and run North 125 feet to the point of beginning; being otherwise described as Lot 12 of an unrecorded lat of "DUdAi SuBDIVISION", said land lying in and being a part af the NW'; af N81,~ of NB~ of Section 7, Township 35 South~ Range 40 Bast; AND ALSO , ;ng .~t thc ?VB coYner of the NW'4 of Nu'~ of NE 4 of Section 7, Townsh~p 35 South, Range run ?1est 335 feet to a point; thence turn and rw~ South 485 feet to a~int; thenc~ .,.,ci run i~~st 129 feet for point ofbeginning; from said point of beginning continue , i.:.~t to a point; thez~ce turn and run hoYtn 125 feet to a point; thence turn ~nd run _ i.:et to a point; thence turn and Yun South 125 feet to the point of bee~inning; said ~ r..y uein~ also aescribed as Lot 11 of an ur~recordecl plat entitled "DUYN 5s)3DZVISIOti" ~ ~n anci being a paYt of the NW~ of NB4 of Vfi4 of Section 7, Township 35 South, Range ~ ,_.~s f - - - . _ _ < ~ i..~t w it~~ right of egress and ingress to lot over and a~oss the f olloa?ing clescribed ~ i , to~~vi t : ; ~ ._.~.~,ng .~t thc NG cori~eY of the NW'4 of Nfi'~ of Nn4 of Section 7, Township 35 South, Range , ru:~ WLst 3t35 feet foY point of beginning; from said point of beginning tuYn and , ._~.~~ni~ 4~5 i~et to a point; thence run Gast 257 feet to a point; thence run Snuth 50 , poi~~t; run ~vest 307 feet to a point; run Vorth 485 feet to a point; turn and run . ~v f cc t to the point of beginning. t• ~sE+~~c~nt sl~all be in cor~uaon with the public in general. rogether with all and singular thc tenements, hereditaments and sppvrtances tlureunto belonging or in anywise apptrtaining thereto, ar~d all rents, iuues, oroceeds and profits accruing and to accrue from said prem~ses, all of which are included in the above and foregoing desuiption and habendum. TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successw~ and ~ssigns fwever. And ths said `~ORTGAGOR for --~~1~---- he~rs, executws, adm~n7stra?ors and assigns, hereby covena~ts wi~h the said MORiGAGEE, its succeasws and auiyns, rhat Iawfuliy se~zed of the said prem~xs in fee simple; that the same are tree, clear snd diuharged from all liens snd encum- ~ b-ances in law or in eqvity, and that they W;~~ a~d their heirs shall.warrant snd defend the title to tl~e same to the said ~ MORTGAGEE, its successors and assigns, forever against the Iaw6ul claims and demands of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy no~e hereinbefore described and shall iruly, promptly ~ and fully pe?form, d~scharge, execute, complete, comply with and ab:de by each and every the stipulations, agreements, conditioru and covenants of said crom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby treated shall cease and be null and void. ~ IT IS UNDERSTOOD that the word "Mwtgagor" whether in the s~ngular a plural anywhere in tbis Mortgage, shall be singulsr if one only and shall be plurrl jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgsge shall be taken to me~n "his;' "hen;' T or "its;' wherever the context so implies or admits. Also, that wherever there is a referer?ce in the covenants and agreements herein contained to aoy of ~ the parties hereto, the same shall be construed to mean as well as the heirs, legal represeMatives, successors and auigns {eifher voluntary by ad of the ~f Farties o~ involuntary by operatiog of the law) of the. same and that the covena~ts herein tontained shall bind and the benefits and advantages inure to the respectire heirs, legal represt~ntatives, successois and ass~gns of the parties hereto. ~ And said Mortgagors, fw themselves and their heirs, lega! reprexntatrves, succesaors snd asi~gns, hereby jointly and severally covenant snd sgree ~ fo and with the safd MORTGAGEE, its successas and ass~gns: ~ 1. To pay all and siogular the printipal and interest a~d the rarious and sundry sums of money payable by virtue of said promissory note, snd this mortgage, each and every, p~omptly on the days respectively the same severally become due. . 2. To pay atl and singular the ta:es, assessments, levies, liabil~ties, oblig+tions and encvmbrances of every nature and kind now on said dexribed ~ property, or thal hereafter may be imposed, suffered, placed, levied, or suessed thereon, or that hereaftN may be lev'~ed or esussed upon this Morty- , age, w tlx indebtedness secured hereby, each and every, when due a~d payable, according to lawr, before they become detinquent, and befwe any interest arraches or any penalty is incurred; AND INSOFAR AS ANY TMEREOF i5 OF RKORU THE SAME SHAII 8E PROMPiLY SATISFIED AND DISCMARGED Of RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENOORSED OR CERTIFIED) SHAII 8E PIACEU IN THE HANDS OF SAID :1M1ORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; a~d in the event that any thereof is not - aa+d, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or a(feding any option, lien, equity or .~qhs under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payabk and shall bear interest ~ <<Gm the date thereof umil paid at rate of mne per tentum per annum andqog~t ~ svch int rq^~'~ a be secured by the lien of th:s morgtage. ~ R Jr ~ ?it~: ~ 1 _ ~ ~ c- ~ ~~~~r . - ~a=m~~.,>'a' - _ . _ . _