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Home My WebLink About2830 THIS INDENTURE, Made +n~_~lth day of December A.D. 19 72 betw~en Richard D Sneed Jr and Maltha ~ys ~nce ~c wife of - St . WC 1C ~p~~ty flw~ds, hereinafter des~gnaied as the "h50RTGAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • corporatio~ o~gsnized and ex~st~ng unde~ the law• of the U~~ted Statos of America and hav~ng its principal place of business in ths City of Fort Pierce, St. lucie County, Florida, he~einafter des~gnated as ths "MORIGAGEE:' WHEREAS the MORTGAGOR is jwtly indebted to the MORTGAGEE in the sum of S 3~ 300. ~0 good and lawful money oF fhe Un:ted Srares advanced by the 11lORTGAGEE unto the MORTGAGOR, as evldenced by a ce~fam promissory nme of even date he~ew~ih, of wh;ch the foilowfng in ~.ords and figurea is a true copy, to-w~t: s3,300.00 ~10019172 Fort Pierce, Flaida, ~eember 11 ~q 72 fa val~e received, I, we or either of us, prom;se to pay, without defa!car~w~, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOV OF i ORT PtERCE at Fort Pierce, florida, the sum or S 3~300. 0~________ ~„tF, .n!~,rrst from date at the rate of7s S_ _°o per annum, in manthly ins~atl- ~~ms as fol!ows: =~S!O0 ~ on thz 1st day of FQbrUdty , ~q 73_ and a like sum on the correspond~~g day of each momh there- airer untfl the who[e be fut!y paid. Each insrallment first shaN be appGed en paymeM of she interest and +hrn on the ur.p3ld balance of thc p~inc~pal sum. If default is maJe in ~he ~,,ment of any insta~Iment when d~e, and such default continues 30 days, then at the opt~on of the hoidei, and without any other not~ce, al! the remaining ~,zrallments shall be due and payable at or.ce. Privilege is given to prepay this note in whole or irt part at any t;me without penalty. Nei:her fweloearance, nor acteptante by the ho~der thereof after any default in any paymenls hereon, shall be deemed extens~on. A ~ate paymeM tharge oI S_1 `25_, shall be ~,i:i~~d to each instalimant remai~ing unpa~d 7 days after its due date, and a Gke wn, sholl be addrd to each such installment rema~ning unpaid 7 days after rach succeeding payment date. Each maker, surety and endorser hereof, ~oint~y and severally, wa~ves de~~~and, p~ezentrnent ptotest and no~ice of protest for nonpay~nent, and furthe? a3rees to any eztens~on of tinie of payment, e~rher brfore or after matur~ty, witnout not~ce to any of us; and to pay all costs of collection, indud~ng a ~~~.3sonable attorney"s fee in fhe event of any dafault hereundrr, and hereby severa~Iy v~aives all benefit of homestead and exemption undar the constifution , c1 laws of each S~are of the Un~ted Srates, as aga~nst this obligation w any exrens~on or renrwal he~eof. Witness the hand and seal of each party. S/ Rich atrd D. Sneed. Jr . ~A~~ (SEAL) S/ Martha Sue Sneed ~A~~ c '~4.95 ) $tate Revenue Ecrs~+~s aanwsed~l ~ ~gtaa k ao~t> NO'~11, THEREFORE, the MJRTGAGOR fw the ur rrg p y 3, 300. ~ p pose of securi a ment of sa~d sum oF ~ , and the perfprmance of the :ovenants and agreemenrs here~na(ter expressed, and for divers good and valuable cons~derations, by these presents, dces g~ant, bargain, aell, remise, re:ease, convey and co~firm unto the MORTGAGEE, its succe~ors and assigns, a!I that certain IoL piece w parcel of land, situate, lying, and being in the ~ounry of St . WC le ~ snd State of Fbrids, desu~bed a~ follows: Lot 4, Block 4, THUMB POIN?, according to the Plat thereof as recorded in Plat Book 10, page 79, of the Public Records of St. Lucie County, Florida, ? l F 1[ Oi ?:.'I~E~ b v O ~H Pa;'S-~~ Y.~V~E~i'1• ~v - :;0:• ; STATE ~F ~L O R i C] A. t -;phGlB~E PE•~ jS Of ~yl~. ~ DOG~UM fIVE uRYi;-'-=: i STAMF T!. ;",«'vt C~~'~ ~Q fq 1~-~~~ =r ~ _ - ~ ~ ~ - p~`c ZO ~~pf,E.R ~ j ~ K~ ~z•~2 0 4. 9 5 i Ru~ ~~~,,~t ~~~C~ ~ ~ n Q ~ f„~~ ~ ~ ~ ~ This is a second mortgage, subject to a first mortgage executed by S. L. M. Developraent Cozporation, a Florida Corporation, to First Federal Savings and Loan Association of Fozt Pierce, dated OCtober 12, 19~2 in the amount of $30,500.00, filed October 17, 19~2, in O. R. Book 207, page 404.~ 'ogether with at1 and singular the tenements, heredi?amenls and appurtances thereunto belo~ging w in anywise appertsining thereto, and all rents, iuues, proceeds and profits accruing and to accrue from said premises, all of which are included i~ the above and fwegang deuription and habendum. TO HAVE AND TO HOlO the above described and granted premises unto the said MORTGAGEE, its iuccessws and issigns fwever. Md ths said h10RTGAGOR for - th~~L---- heirs, executws, administrators and assigns, hereby tovena~ri with the said MORTGAGEE, its suctessors and auipro, the aZe ~awfull :e~zed of the said rhar - y prem~ses in fee sim te; that the same are fr P e} dear arx! discharged fiom aU liens snd encum~ brances in law or in equity, and that thev W;~~ 8„~ _ their hei~s shall warrant snd defend the title to the same to ihe ssid 410RTGAGEE, its successors and augns, fwever against the lawful ctaims and demands of all persons; PROVIDED, ALWAYS ti~~ if the MORTGAGOR shall ~ay unto the MORTGAGEE the promissory note herei~before described and shall truly, p~omptly and fuily perform, d~scharge,`execute, comptete, comply with and abide by each and every rhe stipulat~ons, agreements, condifions and covenants of said p,-omisso?y note and of this Mwtga9e, then thii Mortgage and the Eftate hereby created shall cesse and be null and void. IT IS UNDERSTOOD that the word "Mwtgsgor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severally if more than one, and that the word "fhe~r" as used ~nywhere in this Mortgage shall be Nken to mean "his;' "hers," or "its," wherever thc context w impl;rs a admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of ~he parties hereto, the same shalt be construed to mean as well as the heirs, legal representatives, ,successws and assigns (either volunury by ~ct of the parties or invotuntary by operation of the iaw) of the same and that the covenants i~e~ein contained shall bind and the berxfits and advsntagq in~re ro ~he respective heiri, legal representatives, successors and asa~gns of the ps~ties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successas and assigns, hereby jointly a~d severally covensnt and a~ree ro and with the said MORTGAGEE, its successws and assigns: 1. io pay all and singufar thc principsl and interest and the various and sund~y sums of money pay~ble by virtue of said promissory note, and thit mortgage, each and every, promprly o~ the days respectively the same severally become due. . 2. To pay all and singvlar the taxes, asussments, levies, liabilities, oblgations and encumbrancet of every nature and kind ~a~v on said dewibed properfy, pr that hereafter may be impoted, suffered, placed, levied, or asstssed thereon, or that hereafter may be levied a asussed upon this Mortg- age, w the indebtedness secured hereby, each and eve~y, when due and payable, according to Is«, betwe they become detinquent, ~nd before any intetdt ai~aches or any penalty is incur~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIEO ANO DISCHARGED OF ~ RECQRD AND THf OR1GIIvAI OFFtCIAI DOCUMENT jSUtH AE, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAIt BE PLACED IN THE HANDS OF $AID MCYtTGAGEE WITHtN TEN DAYS NfXT AFZER PAYMENT; and in the event fhar any thereof is ~ot c~a~d, saYsfied and discharged sa d MORTGAGEE may at any time pay the same or any part thereof without wa+ving or afftcting any pption, lien, equity p •~pht under or by virtue o( this mortgage and the full ameunt of each and every such payment shall be immediately due and payable and shall bear i~teresl ~~om rhe date thereof until paid ar rate of n~ne per cent~m Fer annum ai~d togeth~{ yyt terest ~ ured by the lien of th:s morgts9e. V 11 ~j • 400i~ 1'~6f~.c]~a7 . ~ ~ R ~ ~ ~ - ~ ~ F ~ ~"z~-~x~",~~.~ - ; " ~ . ~~.m~~