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Home My WebLink About2762 z 4s~r~5 ~ THIS INOENiURE, Made the 8th day of ~ecember A.D. 19~~ between Harry S. Orr and MildYed P. Orr1 his wife of St • LL1C1@ ~p~~~y florida, hereinaiter det~9~ated as t~+a "MORTGAGOR;' and FIRST FEDERAL SAVIP~GS AND tOAN ASSOCIATION OF FORT PIERCE, s co~pora~~on organi:ed and eaisting unde+ ~he laws of the Un~ted Statas of America and having its p~~~upa) place of busi~eis in tFa Ciry of For1 Pi~res, S~. lucie County, Ftwida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is juatly indebted to the M~RTGAGEE in ~he sum of 3 26 ~ 3~~ ~0 good and lawful monry ot ~he Un~ted Srates advanced by the ti10RTGAGEE unto the MORiGAGOR, as evidenced by a cerra~n promissory note of even date herervith, of whith the following in words snd figu~es is a~rue copy, to-wit: ~ 26~ 300. 00 N, 10019164 Fwt Pierce, Flaida, ~C~'~eY 8 19~_ For value received, 1, wr or e~ther of us, prom~se to pay, without defalcat~on, ro ~he order of FIRSi FEDERAL SAVINGS AND IOAN ASSOC~ATION OF FORT PIERCE at Fwt Pierte, fbrida, the sum of S?~s-300~00 _ w;ih irterest from date at the rete ofZa.Z~-~o per e~num, in moNh~y install- ~~,enes as fol!ows: j 216 on the 1~hday of Janll~YY l9_ 73 and a like sum on the correspond~ng day of each month there- atTrr until the whole be fully paid. Each installment first shall be app~ied in payment of the interest and then o~ the unpaid balance of the princ+pal sum. tf detault is made in 1ha F.ai~nent of any installment when due, and such dzfault continues 30 days, then at the option of the holder, and without any othe~ notice, all the remaining ~;srallmenfs shall be due and payable at once. Privilrge is g~ven to prepay this note in whole or in part at any time without penalty. Neifher faebea~ance, nor acceptance by ~he holder thereo( after any default in any payments hereon, shall be deemed extension. A late payment charge of S~~ shall be _ ddzd to each insrallment remaining unpa~d 7 days after it: due date, and a like sum shall be added to each s~ch installment remsining unpaid 7 days after each succeedirtg payment date. Each maker, surety and endorser he~eof, jointly and severally, waives demard, presentment protest and notice of protest for ~onpayment, and further agrees to any extension of tinze of payment, either before or aiter matur~ty, without not~ce to any of us; ar.d to pay all costs of coitection, includFng s rrasonable attorney's fee in the event of a~y defautt hereunder, and hereby severaily waives al! benefit of homestead and exemption under the constitution _"d laws of each State of the United States, as aga~nst this obligation w any exte~sion w ranewal hereoi. W~tness the hand and seal oi each party. ' HaZZV S Orr (SEAI) (SEAI) s/ Mildred P. Orr (SEAtj cs~w $39.45 ) State Revenue ;s.an,pr esw~~Nei a. sriyinel~s~e} 26 ~ 3~~ ~ and the rformance of the NOW, THEREFORE, the MORTGAGOR fw the purpose of secur~ng payment of said sum of = P~ cevenants and agreements hereinafter expressed, and for divers good and valuabte cons~derations, by these presents, does gront, bargai~, sell, remise, release, convey and co~f~rm unto the MORTGAGEE, i~s successors and assigns, sll that certa;n tot, piece or parcel of tand, situate, lying, and being in the Counry of $t• LuC1Q and State of Flaide, described as follows: ? ~.ot 9, COLLEGB PARK ESTATES, UNIT No. 1, as per plat thereof recorded in Plat Book 12, Page 52, ~ Public Recorda of St. Lucie County, Florida ? ; ~ f = STAT~ oF FL..OR.! Dl~. ~ ~ ~Z DOCUMFNTARY.i::~ STAMP TAY ~ ~ c ~ Df PT. UF REVENUf • ~ ' z~- ,Q. - ~ ~ ~ P~. - ~ ~ ~ ~ _ - • _L i ~'12 • ; 3 9. 4 5 1 RECEtYED S . ~ IN PAYMFMi OF TAXES o = ttto~ _ I DUE ON CU1SS'C INT11N61W.E PER901U1 PNO?fRl~. ~ pUR511ANi TO GIAP?ER 71-13~, ACtS OF 19/1. R06ER POITRAS ~ CIERK CIRCUIT COURT, ST. UICIE CO., FIA. ~ fcgether with all and s~ngular the tenements, hereditaments and appurta~ces thereunto belaging or in anywise ~ppertaining thereto, and all rents, issues, proceeds and profits accru~ng and to acc?ue from said premises, all of which are included in the above and foregang dexript'wn and ha6endum. TO HAVE At3D TO HOID the above descr~bed and granted prem~ses unto the said MORTGAGEE, its successors and ~ssyns forever. And tFa taid their ~ MORTGAGOR fa heirs, executors, administrators and assigns, hcreby covenants with the said MORTGAGEE, its successors end ~ssipru, ~ rhat - thQ~[_aYg__ lawfully seized of the sa~d prem~us in fee simple; that the same are free, clear and diuharged from all I+ena and encum~ _ b~ances in law w in equity, and that theyL w;ll and thcair heirs shall warrsnt and defend the title to the same to the said .MORTGAGEE, its successors and assigns, faever against the lawful claims and demands of all persom; PROVIDED, ALWAYS tha? if the MORTGAGOR shall pay vnto the MORTGAGEE the pranissory note hereinbefwe deuribed ~nd shatl truly, promptly ~ and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions snd covenants of uid K promisswy note and of ~his Mortgage, then this Mortgage and the Estate hereby created ths~l ceau and be nult and void• ~ IT IS UNDERSTOOD thet the wwd "Mwtgagor" wFxther in the singular or plural snywhere in this Mortgage, shall be singular if ona o~Iy ~nd ~ shall be plural joiMly and severally if more than one, and that the wwd "their" as used ~nywhere in this Nbrtgage shall be faken to mesn "his;' "hen;' ~ or "its;' wherever the context so implirs or admits. AIw, that wherever Ihere is a referente in the covenants snd agreements herein cont~ined to ~ny of ~ rhe pa?ties hereto, the same shall be construed to mean as well as the heirs, legal representatives, svccessors and ass~gns (eitFxr voluntary by act of Ihe ~ parties w involuntary by operaian of the law) of the same and that the covenants herein contained shall bind end the benefits and advantagd inure to the respective heirs, legal representatives, succcssors and ~srgns of the parties hereto. And ssid Mortgagon, fw themselves and their heirs, legal reprexntatives, successots and assigns, hereby jointly and sevmally covenant and a9ree ~ fo and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay sll and singular the principal snd interost and the various and su~dry sums of money psyable by virtue of said promissory note, and this mortgage, each and every, p~ornptly on the days respect~vely the same uverally become dve. ~ 2. To pay ~II and singvlar the taxes, assessments, levies, liabiiities, obligat~ons and encumbrances of every nature and kind raw o~ said dewibed ~ property, or thst hereafter msy be imposed, suffered, plxed, levied, w auessed thereon, w that hereafter may be levied or uiessed upon this Mwt¢ ~ age, o? the indebtedneu secured hereby, exh and evay, when due and payable, sccording to Isw, before tF?ey become delinquem, and befwe ~ny interest atttches or any pe~atty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIEO AND DISCHARGEO Of RECORD ANU THE ORIG1I3Al OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY fNDOR5E0 CR CERTIFIED) SNALL BE PIACED fN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS I~iEXT AfTER PAYMENT; and in the eve~t that any thereof is not r~s; pa~d, sat'sfied and d~schargcd sa:d MORiGAGEE may at any time pay the same w any part thereof without wsiving or affecting any option, lien, equify ot ~ ~~qht under or by virtue of this mortgage and the ~ull amount of each and every iuch payment shall be immediately due and psyable and shall besr interest ~rom the date thereof umil paid ar rate of mne per centum per annum and together w~th tuth interost shall be r o vthi~Qr~~e. - ~EO r~~~~~ r' i - , ,c~ „ ~ - - " ~ ~ . ~ ~ ~ _ . ~ -