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Home My WebLink About2521 ~4s~s~ T THIS INDENTURE. Mad~ the 6th ~y of December A.D. 19.~.2~ between ,1ohn R. Bolam and Mari~p • Bolan, hiQ rife of St . Luc ie County Florida, herolnafter desgnated as ~he "MORTGAGOR," and fIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT VIERCE, a corporation wganized and ex~sting under the laws oi the Unitcd Sut~s of ArtKrica and having iri principal place of businau in Ihs City of fort Pierce, St. l~cie County, florida, hereinafter dcsignated ai the "MORTGAGEE: ' ' WHEREAS ths MORTGAGOR is jui~ly i~debted to ths MORTCaAGEE i~ the sum of Z a~ SQ(l.. Q~ , good and la~rful money oi the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidrnced by a certa~n promiuwy note oi even date herewith, oi wh~ch the following in wads and ligures ii a true coPY. to-wi~: : 4, 500.00 No 1()[)141 S3 FoN Pierce, Ftorida, Dece~bp r 6 19~2 Fa value received, 1, we o? either of us, promise to pay, without defa!cation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOClATION OF FORT PIERCE at Fort Pierce, Florida, the sum of = 4• 5~ w~th interest from date at the rate of 7! 7-~o per annum, in monthly instali- ments as fo:!ows: S 55•~ o~ tha l~t~sy of .lanuary ~q__ 73 and a like sum on the cwrespond:ng day of each month there- after umil the whole be fully paid. , Each installment first shall be applied in payment of the interest and then on the unpaid balance of the p~inrpal sum. If deiault is made in the payment of any instal~ment when due, and such default continues 30 days, then at the option of the holder, and without any other notite, all the remaining installments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalry. Neither faebearuKe, nor acccptance by the holder thereof after any default in any payments hereon, shall be deemed ezle~sion. A late paymeot charge oi 5--2-..~-. shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall tx addrd to each such installme~t remaining unpaid 7 days after each succeeding payment date. Eath maker, surety and endo~ser he~eof, jointly and severally, waives demand, present~nent protest and notice of p~otest fw nonpaymenf, and funher agrees to any extension of time of payment, either before w after ma~urity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any defau~t hereunde?, and hereby severally waives all benefit o( hocnestead and exemption under the co~stitution 3nd laws of each State of the United States, as against this obligation a any extens~on or renewal hereof. Witness the hand and seal of each party. s/ John R. Bolam (SEAI) (SEAL) ($EAI~ s/ Marian D. Bolan ~y ~ $ 6. 7 S ~ State Revenue NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 4~ S~'~ -+nd the pe~formance of ths covenants and agreements hereinafter expressed, and for d~vers good and valuabte considerat~ons, by these presents, does g~ant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successo~s and assigns, all that ce~tain lot, piece or parcel of land, situate, (ying, and being in the Couny of St. Lucie and Stste of Fbrida, dewibed as follows: [.ot 5, Block 5, FORT PIERCE NIGEfl.AND, ~Jt~IIT 1, as per plat thereof on file r - in Plat Book 10, Page 29, of the Public Records of St. L~c3e County, Florida I STATE oF ~LORIDA?. ~ ' DOCUMENTARY STAMP TAk ~ I °c-~ pEPT. OF REVEi~IUE ~ ~ ~ ~c, o P0. `C -7'~2 0 s. 7 5 ~ DI~ ON CIJI$,q I ~ M1~M~ 0~ TA~ - p~ NTMIOULE rERSp o= ~uo2~ ` R~T ~0 t~ l A' T E R 7 1• 1 3 4. ACT ~ 1971~~~ CIENK CIRCU ~Elt POfiRI~S /~~Y' OOURt, ST. LUCIE t~ ~ together with all snd singulsr the tenements, hereditaments and appurtances thereunto belonging or i~ srsywise appertaining therero, and all renb, iuues, proceeds and profits accruing and to accrue from said p?emises, all of w1iKh are included in the above +nd fwegoing dewiption and habendum. TO HAVE AND TO HOID the sbove desaibed and granted premises unto the said MORTGAGEE, iti successo~s and auigns forever. Md 1M said MORTGA R fw theii ~~n, executon, administrstors and assgrts, hereby covenants with the si~d MORTGAGEE, its succeuors and ~sti~ro, ~ t~i~ey are ` rhat lawfully seized of the ssid premises in fee simpte; that the same are free, ckar snd dixharged from ~II lienf snd encvm- ~ biances in law or in equity, and thst the~l will and t hp i r heirs shall w~rrant and defe~d the title ro the aame to the said MORTGAGEE, ita successors and auigns, faever sgainst the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuary note hereinbefae dewibed ~nd shall truly, promptly and fully perform, d~scharge, execute, compkte, comply with and abide by each and every the itipulations, sgreements, condition• and covenann of s.~d ~ promiuory note snd of this Mo?tgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singular or plural snywhe?e in th7s Mortgsge, sh~ll be singular if one only and ~ shall be plural jointly and severally if mote than one, and that t1~e wwd "their" as osed snywlxre in tF~is Mottgsge shall be taken to mean "his;' "hen;' ~ or "its;' wherever the context so implies or admits. Also, that wherevcr there is a refercnce in the cwenants and sgreements herein contsined to any of ~ the psrties hereto, the same shal~ be construed to meen as well as the heirs, legal representatives, successon and auigns (either voluntary by ac1 of ihe .L~~-s parties w involuntary by operaYan of the Isw) of the same and that the covenaMS hcrein contained shall bind and the benefib and advaotsgq inwt to the respective heirs, kgal repreunlatives, successors and ass'gns of the parties hereto. And said Mwtgagon, for tFxmselves and their heirs, legal represematives, successors and assigns, hereby joimly and severally coven+nt and aqree to and with the asid MORTGAGEE, its successws and auigns: ~ 1. To pay all and sirgular t!x principal and imere~t snd the various and sundry sums of money pay~ble by virtue of said promissory note, and this mortgage, each snd every, promptly o~ the days respettively the same severally become due. 2. To pay all and singular tlx ta:es, sssessments, levies, liabilities, obligations snd encumbantei of every nature and kind rww on said dexribed property, w that hereaffer may be impoted, suffered, plated, lev~ed, w assessed thereo~, or thst hereafter may be levied or usessed upon this Morf¢ ~ age, w the indebtedness secured hereby, e~ch and every, when due snd payable, according to law, before they become delinque~t, and befors u~y interest ~ attaches w any penalty is incurred; AND INSOFAR AS ANY iHEREOF IS OF REtORD THE SAME SHAII BE PROMPiIY SATISFIED ANO DISCHARGE~ Of RECORO AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and dixhsrged sa:d MORTGAGEE msy at any time pay the same o~ any psrt thereof without waiving or sffeding ~ny option, lien, equity or ~~qht under or by virtue of this mortgage and the full amount of each and every such payment thall be immediately d~e and payabk and ihall bear interesl ; ~ ~rom the date thereof until paid at rate of nine per centum per annum and together w~th such interest shall ~ R cured b the lien of th:s moryUye. ° - ~ BOOk 2Q YaGE ~5~i ,r,...: , , . . 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