The URL can be used to link to this page

Home My WebLink About3734 ~ ~ ~ ~ ~4410'~ 1HI5 INDENTURE, Madt the 19th day of DecembeZ , A.D. 19 7Z betwecn Lin~eas Kellogq and 61i2abeth R Kelloga his wife of $t . LLC1E Counfy Ftorida, hereinafter de:ignared es the "MORIGAGpR." and FlRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpxatioo organized and ex~sting u~der Ihe lawi oi the United S~a1~s of Americs and having its princ~pal place of busi~esi in the City of fort Pierce, St. lucie Cou~ty, Flwida, hereina(ter desi~~lbd~i f thej"(~ GEE." WHEREAS Ihe MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S+~s 5~•9~ qood and la~vfu) mor.ey of the U~:ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissay note of even date he~ewith, of wh~ch the foilow~ng in ~ords and figures is a true copy, Io-wit: si8,500.00 No~~~.920ti • Forf PiHCS, florida, ~cember 19 19_ 72 fw value received, I, we or eirher oF ~s, prom~se to pay, without defalca~:on, ro the order of FIRST FEDERAL SAVINGS AND IUAN ASSOCIAi~OP! OF FORT PIFRCE at Fprf Yie:ce, Flo~ida, the sum of sl~ ~ 5~. ~0 with interesl ftom date at tFe rate of 7• 750.??o per annum, in monthly ~nstall- ~~en~s as foitows: S 140• ~ on the 10Lh day of FebYUs"~Yy . ~q 73 and a like s~m on the correspond:ng day of each month :he.e- jirer until the whole be fulfy paid. ' Each installment first shall bo applied in payment of the interest and fnen on the unpaid balance o( the prinupat sum. If d:favlt is made in the F a f~nent oi any insta~lmem when due, and such tlefautt coNinues 30 days, then at the option of the hotder, and without aoy other nqtice, all the re^iwin~ng ;~~sraltmems shail be due and payau;e at once. Privilege is given to prepay this note in wFwle or in part at any time without penalty. Neitne~ forebcarance, nor accepta~ce by the hotder thereof after any default in any payments hereon, shall be deemed extensio~. A fate payment charge of S--? aQQ, shall be addrd to each instaUment remaeninq unpa:d 7 days afte~ its due date, and a iike sum shall be added to each such installment remaining unpaid 7 days aiter ~ each succeeding paymeM date. ~ Eath maker, surety and endorser hereof, joiMly and severally, waives demand, presentment protest and notice of protest for nonpayment, and funher agrees to any extension of time of payment, either before w afte~ matur+ty, withour nor~ce to any of us; and to pay all costs of collect~on, includ:ng a r~3sonable attorneyi f~ in the event of any default hereunder, and hereby severally waives al! benefit of homestead and exemption under the constitution ::d laws oi each S~ate of the Uniied States, as aga~~st this obl~gation or any extension or ~enev~al hereoi. Witness the hand and seal of each party. S/ Linnaeas E_ Ke 1~ (SEAL) (SEAL) S/ Elizabeth R. Kelloaa (SEAL) $27 75 ts~n~) • ) State Reven~e ~3 2Q?~~ii ~ii f i1fi~ 1qASx NOLN, THEREfORE, the MORTGAGOR ior ~he r ng p y Lt3, SOO.OO pu pose of securi a ment of said sum Of = and the performance of the :ovenants and agreemenls hereinafter expressed, and for divers good and valuable considerationa, by these presents, docs grant, bargain, stli, remise, ~a:ease, convey and confirm unto the MORTGAGEE, ;ts successors and assigr.s, all that certain lot, piece or parcel of Isnd, situate, lying, and being in the ~ SL. Lucie t County of end State of Fbrida, desui6ed ai follows: Lots 20 and 21, Block 7, SILVER LAKE PARK ADDITION, as per plat thereof on file in Plat Book 10, page 8, of the Public Records of St. Lucie County, Florida, ~ , ~ t l~~'~'~ , dl/ ,,.~c~1S .~(,t~i. ~ D ~ I ~ ~ ~ i PE ~~~i`pF ~y~,. ~ -T E oF F~O R ~~e~~- ~css ~v4 v STA? 5T k M P t r~ ? 1 S=:~~~~~" DOCUMENTAR ~ ~ ~EC~-~vEOC~; C Q1ER ~~Qp~t(~ cA, nfFT. Gf RfVENUE , ~E pN i ~p C~~,ER St, ~ ~ 21 7 5 ~ Qv~~' ~,~t ,xw~~. ~,t~ ~ ~.co21'12 ~i,~~• - o PB ^ ~ • ~.I i G~ ~ = tt~ot pY' ~ 0 cogether with all and singular fhe tenements, hereditaments snd appurta~ces thereunto belonging or in anywiu appertaining thereto, and aH rents, iuves, proceeds and profits accrv+nq and to acaue from eaid prem;us, all of which are irxluded in the above and foregoing deuription and haber?dum, i0 HAVE AND TO HOID the above desaiksed and granted prem~ses unto the said MORTGAGEE, its successors and assigns foreva. And the ~aid MORTGAGOR for thelr heirs, executors, administrators and assigns, hereby covenants with the ss'~d MORTGAGEE, its succeuws and ~uigm, t~~at - thQ~ a~g.__ lawfully se~zed of the said premises in fee simple; that the same are free, clear and discha?ged from all liens and encum- 6~ances in law or in eq~ity, and that they N,~~~ a~ their heiri shall wsrrant and defend 1he title to the same to tMe said ti".ORTG?eGEE, its successors and assigns, fwever against the lawful cfaims and demands of a!1 persons; PROVIDED, AtWAYS that if the MORTGAGOR shall pay unro fhe MORTGAGEE the promissory note Fxreinbefore dexribed and shall truly, promptly and fully perform, d~scharge, execute, complete, comply with and ab;de by each and every tfie stipvlations, agreements, condifions a~d covenants of ia~d promissory note and of this Mortgage, then this Mortgage and the Estate hereby created ahafl cease and be nul! and void. • IT IS UNOERSTOOD that the wwd "Mortgagor" wherher in the s~~gular or plural anywhere in this Mortgsge, shsll be singulsr if one only and - shalt be plural jointly and severally if mae than one, and that the wad "the~r" as used anywhere in this Mortgage shall be taken to mean "his;' "hen," or "its;' wherever the context so implies or admits. Atw, that wherever there is a reference in the covenants and agreements he~ei~ conreined to any oE rhe parties herefo, the same shall be construed fo mean as well as the heirs, legal representatives, s~rccesswi and assigns (either voluntary by ad of the part~es or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefitt and advantage~ inure ro the rapect~ve heirs, legsl representatives, svccessors and ass~gns of the parties hereto. And said Martgagon, for themselves and their hrirs, leqa! representatives, succeuors and assigns, hereby joi~tly and severally covenant and agree !o and with the ssid MORiGAGEE, its successors and ass~gns: 1. To pay sll and singular the principal and interest and 1he various and •undry s~ms of money payable by virtue of said promissory nofe, and this murtgsge, each and every, promptty o~ the days respecNvety the same severally become dve. 2. To psy alI and singular the raxes, asscs~ment~, levies, liabilities, obligations and encumbrarKet of every ~ature •nd kind now on ssid deuribed property, or that here~fter may be imposed, suffered, plated, levied, or assessed thereon, w that hereafter msy be levied w asussed upon this Mortg- age, or tF?e indebtedness secured hereby, each snd every, when due and payable, xcording to lew, before they become delinquent, and befwe any inferest a•r~ches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTIY SATISFIED ANO OISCNARGEO OF RECORJ ANO THE ORIGINAL OfFIC1At DOCUMENT ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISfACTfON PAPER OfftCIAILY ENOORSfD CR CERTtFiED) SHAII 8E PIACED IN 1HE HANOS OF SAID MORIGAGFE WIiHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not , a~d, saYSfied and d~scharged sa d MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, eqvity or •~~ht ~ndcr or by virtue o( this mortgage and the fufl amounf of each and every such payment shall be immtdiarely due +nd payable and shaU bear inte/!st ~rom the date thereof until pa~d ar rate of n~ne per cenwm pe u ether w~?~u~ terest shall be yecured by the lien of th:a morgtage. e~o ~~?~c~ ~ - ~ s ~~~w_ ~ _~L _ . - . x ~ _ . _YS~~~~