The URL can be used to link to this page

Home My WebLink About2270 ~ 243164 1H1S IN~OENTURE, Made ihe 28th da of Nrnrember A.D. 19_L., between _ Richard H. Smit~? and Jean Z. Smith, his Wife, of ~ae Counfy Florida, hcr~inafte~ dtigna~ed ss •the` "MORTGAGOR:' and fIRST FEDERAt Sla~INGS AND IOA~~ ASSOCIATION OF FORi PIfRCE, • corporo~ion organized and ex~sting unde~ tF~e Iaws of the Un~ted S~a~as of Amer~ca and Mvir.g i~s principat place of buiine~i in tM ~iry of Forf Pierce, St. lucie Cou~ty, Flaida, hereinafter designated as ths "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTCaAGEE in the sum of s_~.~~~a~ ~ good and iawf~i money e~ the Un~led S~ates adranced by the MORTGAGfE unto the MORTGAGOR, aa evidanced by a certain promissory note of even date herewith, of ~n•h~ch the following in .~o~df ~nd (iqures is a true topy, to-wil: s ] N,~ 0029.1~8 Fat Pierce. flaida. November 28L _~_19.~..~ Fw value received, we or e~ihe~ of us, p~om~se to pay, without defatcation, to the order cf fIR57 FFDERA~ S~AV~INGS AND LOAN ASSOCIAilO~! OF ~ORT PIERCE at Fort Pierce, flo~ida, the sum of j~2~0~•~ wirh interest from date at ~he rate oi 1•G7'e per annum, in moMhly inslall- -~~•nrs as fo!!ows: S ~ oo the 1~'h day of Jar?uary i9_?3_ and a Gke sum on the correspond~ng day of each month there- ~~~rr unrit ~he whole be fully pa~d. Each install~nent first shall be applied in payment of the interest and then o~ 1he unpaid balance of the prinupal sum. If default is made in the ; a,~nent ot any instatLnent when due, and such deiault conrinues 30 days, then at the option ot /he holder, and witho~t any other notice, all the remaining ~~~srallmenrs shall be due and payable at once. Privitege is give~ ro prepay this note in whole or in part at any time without penalty. Neithe~ fwebearance, nor accepiarce by the ho~der thereoF aiter any default in any payments hereon, shall be deemed extension, A late payment charge of S~'1L_, shall be +d~ed to each inslatlment remaining unpa~d 7 days after its due date, and a tike sum shalt be added to each such installment remaining unpaid 7 days aiter ' e3ch succeeding payment date. ' Each maker, surety and endorser hereof, jointly and severally, wa;ves demand, p~esentment protest and notice of protest for nonpayment, and further ~ ag~ees Io any extension of time of paymenl, either before or after maturity, without notice to any of us; and to pay all costs ot collection, includ~ng a ~.•~sonab!e atrorney s ~ee in the event of any defautt hereunder, and hereby severally waives all benefit ot homestead and exemption under 1he constitution :•~d laws of each State of ~he United States, as aga~nst this obGgation or any extens~on or renewal hereof. ~ Witness the hand and seal of each party. \ S/ Richard H. Smith «A~~ (SEAL) S Jean Z. Smith (SEAt) ¢28.00 cs~?u ~ State Rave~ue T~~?fp'lZAIKYIIld'C~i"orlglrt3f'f1l7R'~ iVOW, THEREfORE, the MCRiGAGOR fw rhe purpose of secur;ng payment of sa~d sum of = 1? )0~•~ ~ and the performance of the covenant~ and agreements here~nafter expressed, and for d~vers good and valuabte cons~derations, by these presents, dces grar.t, barga~n, setl, rem~se, re;ease, convey and confirm uMO the MORTGAGEE, iti successors and au~gns, alt that certain lot, piece a parte! of land, situate, lying, and being in the Co~nry of 1+12Cj.8 and State of Florida, desvibed as follows: spartment B-I-205 of COIANNADFS CONDOMINIUMS, N0. Lt, a condominium according to the L~eclaration of Condominium recorded in 0. R. Book 198, at page 2833, of the Public Records of St. Iucie County, Florf@a,~as the same is amanded in 0. R. Book 199, at page 850, and 0. R. Book 201, at page 27~t1t, of the Rtblic Reaords of St. Iucie County, ~'lorida, TOGETHER WITH all of its appurtenances according to said Declaration, STATE oF '~LORPDA ~ OOCUMENTARY/~ S DEAT_ OF RfYEMUE . ' ~'s ~ K~ ~ _ - .~_c-rrz ~ ~ 1 8. 0 0 1 ~ ~ o_ es. ~ _ ~ R~d ~..Z~~ d ~ ~ ~uot . . . PU ~ ~ ~NTMIGIBI,EIM~R~~ ~ T~' _ ~ 1 M i TO CltApTFA ~I-131. ACTS OF 19~~' ~tERK CIqCUR ~R Po j~S j7l<< tUClF 00., FlA ~ ~ z _ ! I E r rogether w~th all and singular the tenements, hereditaments and appurtances thereunto belong+ng er in anywix eppertaining thereto, and alt renti, iuues, ; p~aceeds and profits accruing and to actrue irom said premists, aH of which are included in the above snd fwegoing dexription snd habendum. ~ TO HAVE AND Tp HOID the above described and granted premises unto the aaid MORTGAGEE, its successors snd sssigns forever. And tFk ~aid h40RTGAGOR for - heirs, exetutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succe:son and assi~ro, rh~t lawfully se~zed of the said premises in fee aimple; that the same sre free, clesr and dixharged from all lien~ and ent~m- 5~ances in law or in equity, and thst th63r vn;11 and their heirs shall warrant and defend the title to the same to the said .MQRTGAGEE, ita successws and assig~s, forever againsf the Iawful claims and demaneis of atl persons; - PROVIDED, ALWAYS that if the I~IORTGAGOR shatl pay ~nto the MQRTGAGEE the promissory note heaeinbefwe desuibed and shall irvly, promptly a~d fully perform, d~scharge, e:ecute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of iaid promissory note and of this Mongage, then this Mwtgage and the Estate hereby created shall cease and be null snd void. IT IS UNDERSTO00 that the word "Mortgagw" whether in the singutar or ptu~al anywhere in this Alortgage, shall be singular if one only and shal! be plural jointly and severally if more than one, and that the wwd "fhe;r" as used anywhere in this Nbrtgsge shall be tsken to mean "his;' "hers," or "its;' wherever the context w implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to ~ny o/ ,he parties hereto, the ume shall be consrrued to mean a~ well as the heirs, legal representatives, successors and au~gns (eithe~ voluntary by ~ct of the parties or involuntary by operation of thc law) of the same and that the covensnts herein tontained shall bind snd the benefits arid sdvsnt~ges inure to the respective heirs, legal representatives, succeuus and au~gns of the pufies hereto. And said Mortgsgors, fw themsetves and thei? heJrs, legat represerttatives, successors and assigns, hereby jointly and uverally cove~snt and a~ree to and with the said MORTGAGEE, its succcssors and ass~gns: 3. To pay all arsd i7ng~lsr thc principal and interest snd the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, esch and every, promptly o~ the dsys respectively the same severatty become dve. 2. To pay all ~nd aingviar the taxe:, assessments, levies, liabilities, obligat+ons and sncumbances of ev~ry nature and kind ~ow on said desaibed property, or that hereafter may be imposed, wffaed, plated, levied, w sssessed thereon, w that hereafter may be levied or assessed upon iF~ia Mort¢ age, o? the indebtedneu secured hereby, esch and erery, when due and payab[e, xcording to law, befae they becane delinqutnt, snd be(we ~ny interesr ~r+,.ches or any penalty is incur~ed; AND lNSOFAR AS ANY THEREOF IS OF RKORD TME SAME SNAtI BE PROMPiIY SATISFIEp AND DISCHARGEO OF ?ECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED OR CERTIf1ED) SHAtt BE PLACED tN THE HANOS OF SAID MQRiGAGEE WITH?N TfN DAYS NFXT AFTER VAYMENT; and in the event that any thereof is rwt pa~d, saYsfied and discharged sa'd MORTGAGEE may at any t~me pay the same a any part thereof w~tlw~t waiving or affecting any option, lien, equity a •~;hr under a by virtue of this mortgzge and the full amount of each and every such payment shall be immediatety due and payabte snd shell bea~ interesr s~~m the date thereof until paid ar rale of n~nr per centum per annum a~d togq~h~ u ~nteresct h~ I ucured by the lien of th:s morgtaye. BDi M ~.V~ ~Ai,t ~GL I ~ ~ ~ ; ~ > ~ , , - _ .