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Home My WebLink About1986 i~~y ~i~~ 1HIS tNDENTURE, Mado the 29th day qf NOVeIDtieZ , A.D. 19 72 between Linnaeas E. helloqg and Flizabeth•R. Kellogg, his wifa of - St, 1.uC1P ~~nty Flwida, hereinaiter designated as the "MOQTGAGOR," and FIRST FEOERAL $AVINGS ANO LOAN ASSOCIATION OF fORT PtERCE, ~ corporat~on orflenized and exist+ng under tM lawt of ths Un~ted $utos of America and having iri pri~cipal place of busine~i in the City of Forl Pierce, St. lucie Cou~ty, Florida, hereinaiter designated as th~ "MORTGAGEE:' WHEREAS the MORTGAGOR ~s just{y indebted to the MORTGAGEE in the sum of j 15 ~ 4~0 .0~ , good and lawful money of the Un~ted States advanced by ~he MORTGAGEE unro the MORTGAGOR, as evidenced by a certam promisswy note of even date herewnh, of which the fol!owin9 in word~ and iigure3 is a true copy, to-wil: s 1 S, 400 .00 ~ lOC 19 314 fon Pierce, Florida, November 293 ~93~.. For value received, 1, we o~ either of us, prom~se to pay, without defalcation, to the ordcr of FIRST fEDERAL SAVfNGS AI'+0 IOAN ASSCy'IATION 7F FORT PIERCE at Fort Pierce, Florida, the sum of S 15 L~O.n~ w;rh interest /rom date at the rate of7_z7~_'~ p?: art~~,a, in montt~yr install- ~~ems as fot!ows: S Z~7 •OO - on the lO th day of Januarv ~q 73 and a like sum on fhe corresponcf~ng day of eac6 mooth there- afrer unti) tF.e who:e be iuily paid. Each insrallment (irst shall be appl~ed i~ payment of the interest and ~he~ on the unpaid balance of the princ~pal sum. If de+ault +s made in the E ay~nero of any installment when due, and such defauh continues 30 days, then at the opt~on of the holder, and without any other rtotice, all the remaining :~,s~alt~nents ahall be due and payabte at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Neither forebearance, no~ acceptance by the holder thereof aftar any default in any payments hereon, shall be deemed extension. A late payment charge of S-~ shall be _ cJdad to each installment remaining unpa~d 7 days after ita due date. and a i~ke s~m shall be added to each such insta(tment remaining unpaid 7 days afte? each succeeding payment date. EacF? maker, surety and endo~ser hereof, joint~y and severally, wa~ves demand, presentment protest and notice of protest for nonpayment; ~'nd further agrees to a~y extension of time ot payment, either be(ore or after maturity, wiihout notice to any of us; and to pay all costa of coNection, includ~ng a reasonable artorney's fee in the event of any defauft he~eunder, and hereby seve~alty waives all benefit of homestead and exemption under the constitution ~~~d laws of each State of the Un~ted States, as against this obl~9ation w any extens~on a renewa! hereof. Witness the hand and seal of each party. (SEA!) _s/i.innaeas E. Kelloc~c~ (SEAI) (SEAL) s/Elizabeth R. K~lloqq ~U $23.10 - ~ ) State Revenue ~6~en+ps~.w+eeNeci-en-erigina? ~ste1- NOW, THEREfORE, the IAQRTGAGOR for the purpase of securing payment of sa~d sum of S 15 i~~ .~0 ~ and the perfwmsnce of ths covenants and agreements hereinaiter expreased, and for divers good and valuabte conside?ations, by these presents, does grant, bargain, sell, remise, re;ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all tha~ certain lot, piece w parcet of land, situate, lyinq, and being In fhe County of S L. 1-12 C 1@ and State of floride, dewi6ed ~s follows: ~ Lots 19 and 20 of TRAD6 WINDS SUBUIVISION, as per plat thereof on file in Plat Book 9, page 42, Public Records of St . Lucie County, Florida,.i 4 j~,tiS : a/ :t: ' ^`~ti ~~j ~~0?~R1+. ~ c ,y,,. : Q STAT oF ~ 3 ` ~~S ~4 ~LORlI~A ~ ~ . ; : o~ „ OOC~ UMFNiqRY~ -~StAMP Tl'.X j ~:E~~-~"" - ".,~~c~`W1ECA+~ ~ . . ~ LEPl.Oi REYEkUE 1`~; - '''~xG~E-`. ~ $t. ~ . ~ ` ~ m = P.. = ~ -•~2 ~ - ~ ~ 2 3. 10 ~ Y~u~''~ ~j~ ~ ~ _ A e' J ~ O ~ ~~~VZ •~~1~ r~l[~ i " ~ rogether with aIl and si~+gu?ar the tenements, hercditaments and appurtances thereunto belo~ging w in anywise appertaining thereto, s~d all rents, iuues, v~oceeds and profits accruing and to accrue from said premixs, all of which are included i~ the above end foregoing deuription and habtndum. IO HAVE AND TO HO[0 the above described and g~anted premixs unto rF?e said MpRI6AGEF, its successws ~nd suigns forever. And fhe said 4~,ORTGAGOR fot --thelY---- heirs, executon, administra!o?s and assigns, F?ereby covenants with tF~ ~aid MORTGAGEE, its successors snd astip~s, ,har the are ?awf~lly seized of the said premises in fee simple; that the same sre free, clear a~d dixharged from all licns and er+cu~r orances in law or in equity, and that t~1QV W;~~ a~ thei~ heirs shall wsrrant snd defend the title to the same to the said M10RTGAGEE, its successors and assigns, fwever against the lawful claims and demands of sll perions; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote hereinbefore described and slutl iruly, premptly and fully pe~form, d;scharge, execute, complete, comply wirh and ab+de by each and every ~he stipulations, sgreements, condition~ ~nd cwerunri of said prom~ssory note and of this Mortgage, then this Mwtgage and the Es?ate hereby created shall teese and be n~ll and void. IT IS UNDERSTOOO that the w«d "Mortgsgor" whethe? in the s~ngula~ w plural anywhere in this Mwtgage, shall be singutar if a?e only and st,all be pluref joi~tty and uvera!!y if more than one, and tha~ the wad "their" as used anywhere in this Mortgsge shall be faken to mean "his;' "hen;' or "its;' wherever the co~text w implies w admits. Alw, that wlxrever tF~ere is a reference in the covenann and sgreements herein co~tained to ~ny of ~he parties hereto, tF~e same shall be construed to mesn as well si the heirs, legal represenhtives, successon and assig+u (either voluntary by xt of the narties or involuntary by operalion of the law) of the same and that the covenants herein contained shall bind and the benefiti and ~dv~ntages inure fo the rdpective heirs, legal representatives, sutcessws a~d sss~gns of the psrties hereto. And ssid Mortgaqors, for themselves and their heirs, legal reprexntatives, suctessas and sssigns, hereby jaintly and seve~ally covenant and ayree !o and w;th the said MORTGAGEE, iss successws and assigns: 1. To psy all and sirgular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same xverally become due. 2. To pay •II and singular the bxes, assessments, levies, liabitities, obligations and encumbnnces of every oature and kind now on said dawibed p~ope~ty, or thaf hereafter may be imposed, suffered, placed, levied, a assessed thereon, a that hereafter may be levied or auessed upon this Mw/Q- age, w the indebted~ess secured F~ereby, exh and every, when due and payable, ~ccwding to Isw, before they become delinquent, and befwe any interest ~•!zches or a~y penaity is incurred; AND INSOFAR AS AMY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SAT15fIED AND DISCHARGED OF RECORD AND THE ORIGIhAt OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC?ION PAPER OfFIC1AllY EhiDORSED OR CERi1FIED) SHAII BE PtACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMfNT; and in the event that any thercoi is not i pa~d, sar'slied and diubarged sa:d MORiGAGEE may at any time pay the same w any psrt thereof without waiving or affecting any option, lien, equity or •~qht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall besr interest ~.om the date thereof until patd at rate of n;ne per centum per annum and toqe~cRwj`~y~1^t,lft~he ured by the lien of th:s morgts~e. 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