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Home My WebLink About2824 ~Gr~#Ja.l~r ! THIS INDENTURE. Made the 11Lh day of ~CelqbCr A.D. 19 7~ between _ Charles Gibbons and Frances E. Gibbors, his wife of S t. Luc ie Counry Florida, here~naiter desiyna~ed as the "A10RiGAGOR." and FIRST FE~ERAI SAVtNGS AND LOAN ASSOCIATION OF FORi PIERCE, s corporat~on organized a~d exist~ng unde~ the lews of ~he Un~ted Statos of America and having its principal p}ace of b~sines~ in the City of Fort Pierce, St. Lucie Cov~ty, florida, hereinahe~ designated as ~he "MORTGAGEE:' • WHEREAS lhe MORTGAGQR is jusdy indebted to the MORTGAGEE in the sum of j 13! 4O0 good and lawful mo~ey of the Un~ted S+~tes advanced by the /~10RiGAGEE unto the MORIGAGOR, as evidented by a certain promisswy note oi even date herowith, of whrch the following in words and iigurei is a true copy, to-wir: s 13,400.00 , ~ 10019168 ~ Fort Pierce, Flaida, December 11, ~y ~2 Fw value received, I, we or either of us, promise to pay, w+~hou1 defalcat~on, to the order of FIRST FEOERAI SAVINGS ANp LOAN ASSOCIATION Of iORT PIERCE at Fort Pierce, Fior+da, the wm of S_~3 ~ a~.~0 _ w;~h ~ntereat from date at the rate of 7!7~o per ~nnum, in monthly install- ~ ~-~an~s as fol!ows: S_l 19 on ~he _lOLh day of F~brtta ry , 19 73 and a like sum on the correspond~ng day of eath month there- ,~rer until the whoie be (ully paid. ~ ~ ~ Each installment first shal! be applied in payment of the interest and then on fhe unpaid balance of the princpal s~•n. If defauh ~s made in the ~ ~lment of any instaliment when due, and such default cominues 30 days, then at the option of t~e holder, and without aoy orher notice, all ~he remaining ~ ~~istailments shatl be due and payabte at once. Privitege is given to prepay this rrote in whole w in pa~t at any time witheut osnally. Neither iwebearance, _ nor acceptance by fhe hotder thereof afrer any default in any payments hereon, shall be deemed extension. A late payment charge of s 5~95 , sha11 be ' ~dded to each installment remaining unpa~d 7 days aiter its d~e date, and a like sum shall be added to each such instal{meN remaining unpaid 7 days after each s~cceedinq payn:ent date. , Each maker, surety and endorser hereof, jointty and severally, wa~ves demartd, presemment p~otest and notice of protest for nonpaymeN, and further agrees to any extension of t~~ne of payment, either before or a4ter maturity, without not~ce to any of us; and to pay all costs of co;lection, including a rcasonabie attorney's (ee in thr event of any defautt hereunder, and he:eby severa(ty waives atl benefit of hemestead and exemption under 1he constitWion ~ :•.d taws of each Srate oF the United States, as against this obGgation w any extens~on or renevial hereof, Witness the hand and seal of each party. (SEAt) ~ s/ Chair2es Gibbons ~A~~ . (Sf/?U S2O 1~ s/ Frances E. Gibbons (SFAu ~ - ~ ) State Revenue ` (S+an+ps seweelkd ow originsl-no~e) ~y NOW, THEREFORE, the MORTGAGOR fw the purpose of securirtg pnyment of said sum of s 13 ~ 4~ ~~0 and the performance of the covenants and agretmenrs hereinafter exp~essed, and for divers good and valuable considerat~ons, by these prese~ls, doea grant, bargain, seil, remise, re!ease, convey and confirm unto the MORTGAGEE, its s~ccessors and ass~gns, a11 that certain Io1, piece Or parcel of Isnd, •ituate, lying, and beiog in the County of St . t'uC i e a~d State of Florida, described as follows: ~ Beginning at the northeast corner of Lot 5, Block 1, of Wi~liams' ; Addition, according to the plat thereof recorded in Plat Book 7, page 52, public records of St. Lucie Connty, Florida, thence run west 235 i feet along the north boundary of Lot 5~ thence run south 100 feet, ther~ce run east 235 feet, thence run north 100 feet to the point of beginning.?' ~ 04 t~ r M S TAT E=~~ ~L O r-'? 1 D A ~ ~ p?~`l~'~'~ p~~~R~' ~ . DOCUMENTARY,s~t~STAMP Tt. x + ~i ~N ~soe~a~ ~y~~' ; ~c UEPT. OF REYENUE f.` , G G\e~QE.~js OE ~ - ~ t ~ ! "c' _•,;C i i 72 ' : Z O. 1 O' ~ 1h~~ S E~ o= Y~ - cE`~p ~ G QjER o ~ tt~o2 ~,s c~- c~~ ~ Q° ~ -1- d~~ ~~,t 1~ ~ ~~~R~. st- Q~~s o~t C~-RX C\t~ " together with all and singular the tertemenr~, hereditaments and ~ppurtances thereunto belonging w in anywise appertaining thereto, and sll rents, isaues, . prp~c~S and profits accru~ng and to accrue from said premises, all of which are included in the above and fwegang description snd habendum. TO HAVE ANQ TO. NOtO the above described and granted premises unto the said MORTGAGEE, its successors and assgns forever. And /M s~id iheir ~tORTGAGOR for heirs, executws, administrators and assi9ns, hereby covenants with the said MpRTGAGEE, its successon and auigns, .:,aT __t h~_a re__ ~aWf~nY leized of the said premlxs in fee simpie; that the tarrM are free, clea~ a~d diuharged l~om all liens snd encurt~ brances in law or in equity, and that they W;?~ a~ thei r heirs shall warrant arsd defend the title to the same to tF~e s+id .'.ORTGAGEE, its successws and ass+gns, fwever against the lawful ciaims and demards of all persons; PRQVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGfE the p~omiuory note hereinbefore desaibed and shall fruly, promptly and fuNy perform, d~scharge, execute, compiete, comply w~th and abtde by each and every the stipulations, agreements, conditions and covensnts of said p~om;ssory nore and of fhis Mortgage, then this Mortgage and the Eatate hereby aested shall cease and be nutl ~nd void. IT IS UNDERSTOOD that the wwd "Mortgagw" whethe? in the singular or plural anywhere in this Mortgage, shall be singulu if one only end shall be plural jointly and severally if more than one, and that the word "the~r" as used anywhere in this Mortgsge shall be bken to mean "his;' "hen," or ^;rs," wherever the cootext so ;mplies or admin_ Also, that wherever there is s reference in the covenants and agreements herein contained to any of ; rhe parties hereto, the same shall be co~strued to mean as well as the heirs, legal representatives, successws and a~signs (either voluntsry by ~ct of the parties or invotuntary by operation ot the law) of the same and thar the covenan~s F~erein contained shall bind and the benefih and adv~ntages inure +o the respective heiry, legal represe~tatives, successors and au~gns of the parties hereto. And said Mortgsgors, for themselves and their heirs, legal representatives, successon and assigns, hereby jointly and severally covensnt s~d agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all a~d singutar the principal and interesr and the various and sundry sums of money psyable by virtue of said prom7ssory note, snd thia mortgage, each snd every, promptly on the days respectively the same severally become due. Y. To pay all and singular the taxes, assessments, levies, liab~lities, oWigations and encumbrances of every nature and kind now on said desuibed property, o~ that herea(ter may be imposed, suffered, p(aced, ievied, or assessed thereon, or that herea~ter may be levied a assessed upon this AAat¢ age, or tF?e indebtedness sec~red hereby, each and every, when due and payable, xcwdi~g to law, before they become delinqveM, and befwe any interdt atrtches w any penalty is incurred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATI$f1Ep AND OtSCHARGED Of RECORD AND iHE ORfGtNAI OFFIC~AL OOCUMEN7 ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst any thereof is not pa~d, sat sfied and discharged aa'd MORTGAGEE may at any time pay the same or any part thereof without waiv+ng or affectirg any option, lie~, 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 bear interest ~rom the date thereof unril pa~d at ~ate of nine per cent~m per a~num an~ su~ch{~yr1 be ucured by the lien of th:s morgtaye. u //t/=t .~w~~i~l~~~ ~ ' ; ~ ~ ~ ~ , ~ 3 ~ Y-•c ~',x,w-"°f ~ . r ._*~_'.u';~'~..z-'~..4-'~.~