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Home My WebLink About1777 THIS INDENTURE. Made ihe 29th day of Novi2 mber AD. 19_~Z, between , , . ; John R. Kelly and Dolores B Kellv~ hj,Q wife of Indian ~.Ve! County Fiorida, hereinafter des~yna~ed as the "MORTGAGOR:' and FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT VIERCE, s corporation organized and ex~sting unde~ the laws of the United Sta~os of Americs +nd haviry its principal plsce of buiineu i~ ths City of Fo~t Pisrce, St. lucie County, florida, hereinafter des~g~ated as ths "MORTGAGEE:' WHEREAS Ihe MORTGAGOR is juitly indebted to the MORTGAGEE in ~he aum of S 3~j 40fl. ~ good and lawful money ot the Un;ted Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidancrd by a certain promisswy note of even date herew~th, of wh~ch the followi~ in ~nords and figures is a true copy, to-wit: s 33. 400. 00 ~ t p[)l a12t, iort Pierte, Florida, Noveober 29 19~_ Fw value rece~ved, 1, we ot eithe~ of us, prom~se 1o NaY. without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fwt Pier:e. Fiorida, Ihe sum of S 33.400•~ wlth interest irom date at the rete of 1_.S.°o per annum, in moMhly install- •,enn as fol;ows: 5-247' ~ o~ ~he lOthday of _J`'~nudxy 19 _ 73 and a like sum on the corresponding day of oach month there- j:rer until the whole be fully pa~d. Each installment (irst shall be applied in payment oF the interest and then on the unpa~d balance of the princ'pal sum. If defauit is made i~ the ;~;mtM of any installment when due, and such ~efautt contlnues 30 days, then at the option of the holder, and withaut any other notrce, all the remaimng ~nrallmeNS shall be due and payabte at once. Privilege is given to prepay this nme in whole or in part at any time w~tF.out penalry. Neither forebea~ance, nor acceptance by the ho~der thereof after any defauit in any paymenls hereon, shall be deemed extens~on. A late payment charge of s_~+~Shall be rdd:d to each insta~~ment remaining unpa~d 7 days after its due da?e, and a tike sum shall be addad to each such inssailment remaining unpaid 7 days after each sutteeding payment date. Each maker, surety and endorser hereof, jointly and severatly, wa~ves demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of tirne of payment, either before w after maturity, without not~ce to any of us; and to pay alt cos!s of colleciion, includ~rg a reasonable atrorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution ;nd laws of each State of the linited Srates, as against this obligation a any extension or renewal hereof. Witness the hand and seal of each party. s/ John R. Ke11y (SEAt) (SEAU (SEAL) s Do ores E. Kelly ~U ~ S 50.1Q ) Srate Revenve i ]i~§l~l~lOW NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of uid sum of 5~~.~ 4~Q . 00 and the perfwmance of the covenants and egreemenb i~ere~nefter expressed, and for d~~ers good a~+d valuab!e cons~defations, by these presema, dces gnnt, bargain, setl, remise, retease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, Qiece or parcel of land, situate, lying, a~d being in the Counry of $L Lt~C16 and State of Fbrida, de~uibed as follows: Lot 5, Block l, GREENWOOD, as per plat thezeof recorded in Plat Book 11, Page 41, of the Public Records of St. Lucie County, Florida,? ~ - Y~ IN PA1fN~ENt ~ ~ ' ~ ~ IN1At1GIBLE PERSU7Ul PRO~~ ; j TO CFIl~P'F° 71-134. 11C7S Of 19/l. ~j~ ~ ROGER POIiMS ~ i ~RK CIRGIIt COURi, SL UlC1E CO.. fU~ ; ~ N A~ o~ ~.~~R p A 1 ~ lA t0 'D ~~EN~AQ~ ...~c~~_~ , ~ c•=i DfPT. o~ R~vEavE ~f • w~ n ~ O} ~ !t A K~ Z'•n • . V. ~ . ~ ~ ~~iw~ ~ ~ ~ ~ ~ ~g ~ 0 rr',:~~s . ~ogether with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining thereto, and sll rents, iuues, proceedt and profits accruing and to accrue from said premises, all of which a~e included in ~he above and foregoirg deuription snd habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and suigns forever. And ths said M,ORSGAGOR foi ---~QlZ---- heirs, exec~tors, administrators and assigns, hereby covenanri with the said MORTGAGEE, its suctesson a~d ~ssigia, ~ ehat --~e~-a~-- lawfully se~zed of the sa~d premises in fee simple; thst the same are free, clear and diuharged from ali liens and encvm- ~ brances in law or in equity, snd that t~V will snd thelt heirs shsll warrant and defend the title to the same to the ssid h10RTGAGEE, its successws and assigns, furever against the (awful claims and demands of all persons; ~ PROVIOED, ALWAYS that if the MORTGAGOR shall psy unto fhe MORTGAGEE tF~e promiuory note hereinbefore dewibed and shsll truly, promptty ~ and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of ssid prom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNUERSTOOD that the wwd "Mortgagor" whether in the s~ngular or plu~al anywhere in this Mortgsge, shall be singulsr it one o~ly snd ~ shall be plural jointly and sever~lly if more than one, and that the wwd "their" as used anywhere in th+s Mortgage shall be taken to mean "hit;' "hen;' or "its;' wherever the context w impGes o~ admits. Also, that wherever there it a referer?ce in the covenants and agreements herein contained to any of ~ the parties hereto, the same shall be construed to mean as well as the heirs, legal representstives, successors and assigns (either vofuntary by act of the parties or involuntary by operation of the faw) of the same and that the covenants herein contained shall bind and tFx benefit~ and sdvsntayes inure ~ to fhe respective heirs, legal reprcsentatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves a~d their heirs, legal repreuntatives, successws and assigns, hereby jointly and severally covenant and ayree ~ fo and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the prencipal and interest and the variovs and sundry sums of money payable by virtue of said promiuory note, and thi~ ~ mortgsge, each and every, pranptly on the days respectively the same severally become due. ~ 2. To psy al{ and t~ngular the tazes, assessments, levies, liabilities, obligations a~d encumbrsnces of every nature and kind now on said desu~bed property, or that hereafter may be 7mposed, s~ffered, plxed, levied, a suesxd rhereon, or that hereafter may be levied w assessed upon this Mort¢ ~~q'~ age, a the indebtedness secured Ix~eby, each and every, when due and payable, accwding to Iaw, befwe they becwne delinquent, snd before any intereit ~ arraches w any pe~aby is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 9E PROMPTLY SATISFIED AND DISCHARGED OF ~ RECORD ANO THE ORIGIhAI OFFIGtAI OOCUMENT (SUCH AS, FOR INSTANfE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED ~ OR CERi1F1E0) SHAII 8E PIACED IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN DAYS NEXT AfTER OAYMENT; and in the evertt lhat sny ihereof is nm ~ pa~d, sat sfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecti~g sny option, lien, equity or ~ •~~hr under or by viriue of this mortgage and the full amount of each and every svch payment shall be immediately due and payable •r:d ihall besr interest F.om the date thereof until paid at ~ate of nine per ce~tum per an~um ~nd together w~th such interest shall be secured by the lien of th:s morgfaye. aun~ 2Q~ ~,tir,~ 1?~ _ ~ ~ ~ . 3 y ..r L A . ~ ~ Y°;4~„~ 'Y T~Y ~zf - ~ ~ `'y~ ~ +.~try S' R _ _ ~ . -Y "'i ~ r~$~ . . _ _ . ~