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Home My WebLink About2542 2~3354 ~ THIS INDENiURE. AA~d~ the 13th day of nct~ber A.o. ~y 72 between _ Gordon ~r. Steele and Na2e1 C. Steele~ his wife and Gorc3g,~Steelei ~r. ' a sir~ lc~ e adult of St• 1.11C1@ Cp~nty Florida, hereinaftea deaigna~ed as the "h10RTGAGOR." and FlRST FEDERAL SAVINGS AND IOAN ASSpC1ATtON Of FORT PIERCf, a corpo~ation organ;zed and ea~sting under the laws of Ihe Un~ted Statos of America and having itf ptincipal plaq Of buiinsss in 1M City of Fat Pierce, St. lucia County, florid~, hareinailer des~8natcd as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is jviUy indcbt~d to t!?e MORTGAGEE in the sum of S 11 ! 7O0'~ , good and lawful mor~ey o1 the Un~ted Srares advanced ~y the MORIGAGEE unto rhe MORIGAGOR, as evldenced by a certam pron,~sswy no~e of even ciate herew~th, of wh~ch fhe iollowiny in j .,~ords and figures is a ~rw copy, ~o-w~t: 10018933 s 11 i 700 .00 i,~, ~ Fort Pierce, F~a;da, netober 13~ ~y 72 , fw value received, 1, we w either of us, prom~se to pay, wi~hout defalcatiun, ro rhe orde~ of FIRST iEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at iort Pierce, Florida, the sum o( S 11~70O~~n w;rh intereat (rom date at the rate of ?~_So per annum, in monthly install- .,~enfe as fotlews: S 164 ~~}K 1St day of ~eemb~r , 19___ 72 aod a like sum on the correspo~d~ng day of each month there- a!re~ un~il the whole 6e fully paid. Each i~stail~nent iirst shall be appi~ed in payrnent of ~he interesl and then on the u~pa~d balance of the prinupal sum. (f d aulf is made in ths Fa;ment of any instaliment when due, and such defauh continues 30 days, then a1 the opt~an of the hotder, and without any other no~ice, all the remaining ~~~s~allments shall be due and payable at once. Privilege is given to prepay this note in whole o~ in part at any time without penalty. Neither foretxarance, nor acceptance by the holder ~hereof atter any default in any paymenla hereon, shal! be deemed exlension. A late payment charge of S 8' 2O shell be acided 1o each inslallment remaining ~npaid 7 days after its due date, and a like sum shall be added to each such installment remain;ng unpaid 7 days ~her each succeeding paymeN date_ Each maker, aure~y and endorser hereof, jeintly and severatly, wa~ves demand, presentment protest and notice of protest for nonpayment, snd further agrees to a~y extension oi e~me of payment, either before a af~er maturiry, w~rhour nof~ce to a~y o! us; and to pay all costs of coliecrion, includ~~g e .e~sonable attwney's fee in the event of any deiau~t hereunder, and hereby seve~ally waives all benefit of homestead and exemption under the constitufion and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. S/Gordon . St~Cle (~qU S~}iazel C . Steele ~At) S,[Gordon Steele~ Jz. ~ ($EAl) $1? 5 S a s in~le adu lt ~~U l- • ~ State Revenue NOW, THEREFORE, ~F~e MORiGAGOR !or the pu?pox of sccuring payment of said sum of S 11 . and the perfwmance of the covenants and agreements hereinaiter exp~essed, and (or divers good and valuable considerations, by these presents, does grant, barpain, sell, remise, release, convey snd confirm unto the MORTGAGEE, its sexcesso.s and ass;gns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St • Lt1C1@ snd State of f~orida, dewibed as follows: Lot 6'7 and the t~~est ~ of Lot 68, of PARKt~'RY PIACE, a subdivision in the City of Fort Pierce, F2orida, as per plat of said subdi- vision of file in Plat Book 4, at page 7 of the Public Reccrds of St. Lucie County~ Florida. J z ; ~ STATE oF FL.ORIOA ~ n N o~ DOCUMENTAR~.,-~57AMP ~nx ~ i'~ `v' DEPT.Of REYEMUE :i ~ K~ P~ 1 7 5 5 i RE~ ~ - ~ IN PAYMEfR OF TAXES o = 1 ~ ~ 0 2 s' _ ~ DUE ON CLASS 'C IMANGtBLE PERSflNAt PROPERiY, pURS11ANT TO CNJIPTER 71-134, ACTS OF 1911. _ R~GER PORWI.S CIFRK CIRAlIT COURT, ST. UlC1E C0. FLA togethc~ with all and singular the tenements, hereditaments snd appurtanccs thereunto belonging w in anywise apperfaininy iheteto, and all rents, iswet, - i proceeds and profits acvuing and to accrue from said premises, all of whkh are included in the above and fwegoing dewiptio~ and Mbendum. ~ TO HAVE AMO TO H(~lD tF~e above dexribed and granted prcmius unto the said MORTCaAGEE, its successon ar~d auiyns forevet. Md tIN said ' their MORiGA~ R for heirs, executws, admi~ist?ators and assigns, hereby covenants with the ss:d MORTGAGEE, its successors ~nd auiyro, rhat - "'e~-`~-Ye - lawfully uized ef the said premises in fee simple; that the same are free, ckar and discharyed from all ('~cns ~nd encvm- brances in Isw a in equity, and that they W~~~ a~ thel?' ~ heia ihaN~wsrrant ~nd defend the title to the same to fl~e said M~RTGAGEE, its successors snd assigns, forever against rhe lawful claim~ and demands of ill ptrso~t; PRO~IDEO, AI~YAYS that if fhe MORTGAGOR s}wll pay unto tF?e MORTGAGEE the omi ~ yr asory ~ote hereinbefore destribed at~d sMU truly, p?omptly and fully perfo.m, discharge, execute, comptNe, comply with and abide by each snd every the stipulations, sgreementt, conditions and coven~nts of qid promissory note and of this Mortgage, the~ this Mortgage and the Estate hereby utated shall cease and be null ~nd void. IT IS UNDERSTOOp that the wwd "Mwtgagor" whether in the singular w plural anywhere in this Mwtgsge, shall be sin9ular if one only and ' xhall be plural joiMty ~nd severslly if more thsn one, and that the wwd "their" as vsed ~nywhere in this Mortgage shall be taken to mesn "hiu;' "h~rs;' ' or "in;' wherever the context so implies or sdmits. Alw, that wherever there i~ a reference in the covenants and ag?eemenb herein tontained to ~ny of the ,parries hereto, the iame shaU be construed to me+n as well ss the heirs, legsl representatives, successors and auigr+s (eifher volumary by ~ct of the parties ot involuntary by operation of the law) of the ~ame a++d that the covensnls herein contained shall bind and the benefits s~d +dvsntages inwe fo the respedive heirs, fegal represe~tatives, successois and au-gns of the panies hereto. And ssid ARortgsgors, for themselve~ and their heirs, lega! repreuntatives, successors and assigns, hereby jointly and severally tovenant ~nd ayree to snd with Ihe said MORiGAGEE, its successon and assig~s: 1. To pay sll and si~g~lar thc principal and interest snd 1he various and sundry sums of money psyable by vi?tue of said promissory note, •nd this mongaye, each and every, promptly on the days respectively the same uvs~aUy become due. 2. To pay all end singular the faxes, assessments, lev;es, liabifit~es, obligstions and entumbr~nces of every nature and ki~d now on ~aid dewibed property, or th~t hereafter may be imposed, suffered, placed, levied, w suessed the~eon, a that he~e~fter may be levied or ~ssessed upon this Mort~- age, w the in~febtedneu secured hereby, exh u+d every, whe~ d~e and payable, according to law, befwe they become delinquent, and before ~ny intersst asrzches or iny penalty is it~c~rred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1ED AND DI$~HARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE SATtSFACTIO(J PAPER OFFICIALIY ENDOltSED OR CfRTtFtEO) SHALL 8f P~/iCED !N 7HE HANDS OF 5/11D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ pa~d, aat sfied and diuharged sa:d MORTGAGEE may at any time pay the same or any part thereof withovt wsivircg or affecting any option, lien, equify or •~qht under w by virtue of this mortgage and the futi amounf oi each and every such payment shall be immediately due and payable snd shall beat interest ~rom t}~e d~te ther~f until paid at rate of nine per centum per annum and tege~hr. w~th such i~teresr shall be sec~red by the lien of th:f mwytaye. ~ Ci~'k ~~li "'.~twV~.:. , . : ~ ~"!~'~'f`~a~~ ~ ,.v ~ ~ ~ ~Y'1~~~ ~"r~ ~ -a-> ~ - ~ . ^'~vKf v~F,•~y~Y ~ . ~~csz