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Home My WebLink About3226 ;~~'~3`"r90 TH15 lNDENIURt, Made ~ne_ 24th day or ~ec~mbwr_ A D. 19_~~i, be~ween _ _ Paul W. Coles and _Janet L. Colesi his wife _ of St . Lucie ` ~p~Ny f~orida, here~naf~er des~~n.~~ed as ~`'h~ORTGAGO~y' ~ Ft~t~T iEDFRAI SAYINGS ANO i•~AN ~SSOCIATtON OF FORT PtERCE, a torporat:on organired end ex~stir:g undrr 1he laws of !he Un;ted Statps of Ameitca and having its prinapal place of busmess in the Ciry of fort P~erce. St. lucie County, Florida, h>re~nafiar des~~nared aa the "MORTGAGEE:' , ~ WHEREAS Ihe MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S i 9 i-_5~~• good and lawful monzy of the UnYCd Srates advanced by the f~AORiGAGEE unto the MORTGAGOR, as e.~dcnc~•J 6y a cerr.~~n prom~sswy note of even dare r,e~ew~fh, of v.h:ch the ioilo~ing in hords and figures is a hue copy, to-ait: s 19 z 5n0. 00 No 10019192 Fort Pierce, Florida, ~cember 14 ~~q 72 For vaiue rece~ved, 1, w~ or enher of us. crom:se to pay, w~thout dzfa'c:,!!o,,, fo the oider of FIRST FEDERAL SA1'INGS AN~ tOAN ASSOGIATlOV OF 't`RT PIERCE at forf Pierce, Ftoride, tfir ~vm of s 131~~~~QQ----_---- w.t}i in:~rns2 ircm dote dt the ratC of7~_?55: per a^n~m, irt ~nontfily i•~S!ell- .•nrs as fol!ows: S_~bt on the 1~h day o( -~e~jruarv 19 73_ and a like sum on fhe corre~por.d:ng day oi ea:~i mcnth there- +.'rr until the whofe be f~lly paid. Each insrallment f~nr shall be applfed in payn,ent of the interest and rh~n on the ~npa~d balance of thr princ'pal sum. If c+efaulr is mada in the ~f any insra!;mrm when due. and such drFa~;t continues 30 days, ih~n at the option of the holder, and withoue any o~hrr rci~ce, al! the ~emain;n9 ~~srallments shail be due and payabie at once. Priviiege is givcn to prepay this note in whole or in part aT any t~me w~thout penaiTy. ivei+i~rr iu«Lra:a~~:.e, ~ . _ ~ 1 _ ! ,_s ~._,,..,-r,,. nor acceptance by the ho:der rhereol aiter any afTd'Jrt in any Nay~~~r~~~a ,,~a~. ,.-~-~d cs......~... ~.e._ _ =ti••~a nf S 8~05 ahall Ew led to eath instalLr.tnt ren:aining unpa~d 7 days after its due djte, and'a ~.~e s~m shail be addrd to each such insta~tment remaining unpaid 7 days after -~ch succeeding paymenf date. Each maker, swety and endorser hereof, jo~nHy and severally, wa~ves der-,and, present;nent p~otest and not~ce of protcst for ~Onpaymnnl, and funhet ~3recs to any eatens~on of time of payme~t, either before or aiter maiu~~~y, wirhour no+;ce to any of us; and to pay all cosrs of col!ecrion, inc:ud:nq a rr_,sonabte attomey's fre in rhe event of any detau:t hereunde~, and hereby sc~veraiiy wa~ves all benefit of homestead and exempt~on under the constitution , d laws of each Sra;e of tne Un~red Srates, as aga~nst ~his ob,~yat~on or any e.~rr.swn or renewal hereof. W~tness the hand and seal of each parry. _st Paul W. Coles csEai) (SfAI) _sl Janet L. Coles csEA~y $ 29. 25 ) State Revenue ~5~~~ ~~+ar~rwwtie~ ~i? ~rigin~l~?~}. NO'N, THEREfORE, the MORTGAGOR tor the purpose of securing payment of sa;d sum of S 19, 500. ~0 , and the performance ef the cc•:e~ants and agrezmenrs hereina'rer expressed, and for d~ven goed and ~~a:~abte cons~derat~o~~, by these presents, daes gront, barga+~, sell, rem~se, r~•lease, convey and confirm umo the MORTGAGEE, its successors end ass~gns, ali that certain fot, piece w parcel of fand, situate, lying, ar+d being in the County of Lucie and Srate oi fforida, described •s followt: t~t 1; Slock 85. LAKBWOOD PARh, UVI2 7, as per plat thereof on file in Plat Book 11, Page 13, of the Public RecoYds of St. Lucie County, Florida c' STATE ~F FLOR=DA ~ ccZ ~ DOCUMENTARY,/.•`~::tSTl~Mi' 1!~ Y I 1N PAYh1ENi OF tA%~ c~ ~ JEPT. Of REYEhUE t~/j ' ti" ~~Al P40?EAn~ - t:~~~.;S~r~f~~ q A 7 C~ ~ RECEIVEO S ~ IN7ANG58lf PERSO` o _ ~ •icC1a72 ',~~-~~rk" ` ` ~ w ~ G4..l~~' ~ `ER ~I.~'~. ACiS Of lyll.~l`/ _ s e B 2^ ~ pU~U!?Ni TO ~ ER POIIRA.~ 0 ° ~ S1. LUC?E 0~~ FLA q,f~( CIRCU~T fAURT~ ~ ~ ~ ether with all and sin ula? the tenements, her~itaments and a j '~9 g ppurtances thereunta belonging or in anywiu appertaining thereto, and all rents, issues, : proceeds and prof~ts aaruing and to accrue from aaid premises, all of wn~ch are inctoded in the above and fwegang description and habendum. i ~ TO HAVE AND 10 HOID the above described and grented prem~ses unto the said MORTGAGEE, irs tuctesso~s and asi~gns forever. And ihe said :tORTGA~O R fw thelY heirs, executors, administrators and ass+gns, hereby covenants with the said MORTGAGEE, its succesaws and sssigni, ~ fhat - tfle-~7 aYe lawfull se+zed of the said Y prem~ses in fee s~mple; that the same are free, clear and discharged fran a~l liens and encum- ~ b•ances +n law or in equity, end that they a~ their heirs shall warrant and defe~d the title to the same to the said f ti~ORTGAGEE, irs successors and ass~gns, forever against tFx Iawful claims and demands of alt persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefore dexribed and shall rrvty, promptly ~nd fulty perform, d~scharge, execute, tomp~ete, comply with and abide by each and every the itipulations, agreements, conditions and covenants of said ~~om~ssory note and of this Mortgage, the~ this Mortgage and the Estate hereby created sha~l ceau and be null and void. . ; 1T IS UNDERSTOOD that the wwd "Mortgagoi' whether in the s~nguiar w plu~al anywhere in this Mortgage, shall be singuiar if one only and : shall be plural jointly and severalty if more than one, and that the word "their" as used anywhere in this Mwlgage shall be taken to mean "hia;' "heri" o~ "its," wherever the context so implies w admirs. Also, that wherever there it a reference in the covenants and agreements herein contained to any of rhe parties hereto, the same shatl be construed to mean as wetf as the heirs, tegal representatives, successors and assigns (either volunta?y by an of the i panies or involuntary by operation o~ the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure ~o the rcspective heirs, legal reprcsentatives, successors and asrgns of the pmnes hereto. _ And said Mwtgagors, fw themselves and their heirs, legal representatives, successors a~d sssigns, hereby jointly and severaily covenanf and agree ro and with the sa+d MORTGAGEE, its sutcessas and assigns: ~ 1. io pny all and singular thr principal and interest and the va+ious and sundry sums of money payabte by virtue of said promissory note, and th~t mortgage, each and every, promptly on the days respect~vely the same severally become due. ` 2. To pay all and •ingular the tazes, assessme~rs, levies, liabit~f~es, obligations snd encumbrsnces of every nature and kind rww on said described property, pr tha~ hereafte? may be imposed, suffered, plated, levied, or assessed thereon, w th~t hereafter may be levied or asussed upon this Mwtg- _ age, w the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interest atr~ches or any penalty is incurred; ANO iN50fAR AS ANY THEREOF f5 OF RECORD 7HE SAME SNALL BE PRON1PTtY SATISFIED AND DISCHARGED OF PECORU AND THE ORIGIhAI OfFICtAI DOCUMENi ISUCH A5, FOR INS1AhGE, THE TAX RECEIPT OR THE SATiSFACTION PAPER OfFIC1AlLY EPIDORSED UR CERTIFIED) SHAIL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXi AFTER PAYMENT; and in the eve~t that any thereof is not pa~d, sat sfied and d(scha~ged sa'd M.ORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any optio~, fien, equity o~ •~qht under or by virtue of th~s morrgage and th~ ful~ amount o~ each and eve~y such payment shall be immediately due and payable and shall bear interest <<om the date thereof unti( paid ar rate ot n:ne per centum per annum and togethe+ w~rh such inrerF~~t ~hal! b('e~ secured by the lien of th's morgtage. Kr'rt ~:..1•_I ~tch ~.r!-.~ . _ . . . - , = _ s,:' :