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Home My WebLink About4102 24433~ THIS IN~er~r~ae, r~ i~ lOth ,f November A.D. 19 72 ~~W~~ a er o en an i l~~ie ae o en, is wi e of $t . Lucie ~Wnry flor~d+, herainafte~ dcsignat ~i 'MpRT~AG~:' an~! fIRST FEDERAI SAVINGS AN~ LOAN ASSpC1AT10N OF FORT PIERCf ~ corporation oryanized and exist~ng under ~he la~ of~.United Stata of Ame~ica and havi~y its principal place of busineu in fM City of fwf Pierce, St. lucie County, flaida, here7nai~N designated ai 1hs "MORTGAGEE." • - WHEREAS ths MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of s d~ O~ _ 00 good and lawful rtio~ey of the United States advanced by the MORiGAGEE unto the MORTGAGOR, as evidencrd by a certa~n promissay note of even date herewith, of wh~ch ~he follo~~ving in .+•ords snd figures i~ s true copy, towit: ' s~~~_ Na 10019038 Fwt Pierce, Florida, ~I~g=. l~l- ~9---?2 Fw value received, 1, we or either of us, promise to pay, without defalcation, to ihe order of FIRST FEDERAI SAVINGS AND L~1AN ASSOCIATIO\I OF FQRT PIERCE al Fort Pierce, Florida, the sum of S • OO - with interest trom date at ~he rate of ~~°,~o pa~ annum, in munthly instalb ~.,rnts as fol!ows: S-_-55.~.Q~_ on ~he lOtltday of n~ar,~i--- 19~~ and a like sum on the correspond~ny day of each moroh therr dtter untll fhe wh01@ D2 tuliy Pdid. Each ins~allment fi~st shail be applied in payment o1 the interest and ehe~ on the unpaid batance of the principal sum. If default is made ln the F~ayment of any installment when due, and such default cont~nues 30 days, the~ at the option of the holder, and wifhout any other r.ot~ce, all the remaining j ~;~srallments shall be due and payable at or.ce. Privitege is given tn prepay this rate in whole or in part at s~y time wilhout penalty. Neither forebearante, nor scceptance by the holder thereof aiter any default in any payments hereon, shall be dcrmed extension. A late payment charge of S 2• 75 thall be added to each inatallment remaining unpaid 7 days afte~ iri due date, and a like sum shall be added to eath such installment remainiry unpaid 7 days after each succeeding payment date. Eath maker, surety and endaser hereof, jo~ntly and severally, waives demand, preuntment protest and notice of protest for ~onpayment, and further agrees to any extension of time of payment, e~rher before w after maturity, without notice to any of us; and to pay all costs of cotlection, including a ~e~sonable atto~ney's fee in the event of any default hereunder, and hereby severally waives all benefit of h.omestead and exemption under the constitutw~ ~;~d laws of each State of the United States, as against this obligation w any extension or renewal hereof. Wirness the hand and seal of each party. s/ Walter Bolden ($EAL) csEaU (s~?~) s Lillie I?Sae Bolden ~ $ 6 • 1 State Revcnue ~S~e~ps-~an~dke} ar erigw+sl ~+er~- - NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 4•~0• 0O and the pcrformance of the covenants and agreements here~nafler expressed, and for divers good and valuable tonsiderations, by theu presents, doea grant, bargain, sell, remise, reiease, convey and confirm unto tht MORTGAGEE, its successws and suigns, all that certain lot, piece o~ parcel of land, situate, lying, and being in the County of SL. LUC1E and State of f{wida, dewibed as follows: i Lot 7, Excepting therefrom the North 30 feet thereof, of J. A. BOLSN•S SUBDIVISION, according the the Plat thereof recorded in Plat gook 4, at Page 38 , of the Public Records of St. Lucie County, F1Q ida _ ~ i ` _ l!_~ ~ p A 1 : ~ > 1 P ~ ~ ~ ~ARY : : ~5.~ I RECEryFp = ~ ~a - C `s a' p ~~F.,.~E • - _ ~ O 0 , ~ ~ C~ I 8fB ~H pi ~F p~ Of R ~ - v' ` ~~r TO kER ~ PE:tSJi~.YMa~ p 7~ ~ c+ tr f:._G2~ 7~~v: ~ C~fAF~ 71-I34. ACT ~~~lY ~ =•n a ~ t~;2 ` . C(FR~( Cl~ ~~pp~RllS S ~ 19)2. ~<C ~ p ~ LlICIF ap~ ~ ~ ~ ~ ~ , 5 ~ ~ ~ rogether with all and singular the tenements, hereditaments and appurtsnces thereunto belonging w in anywise sppertaining thereto, and all renn, iu~es, ~ p~oceeds and pro(~ts accruing and to accrue from said premises, all of which are induded in the sbove snd foregoing desuiption and habet?dum. ~ TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, itt successors and auigns forever. And tFw said MORTGAGOR for -~he 1~------ hein, executws, administrators and nssigns, he~eby covenants with the said MORTGAGEE, its succeuors ~nd aaiyns, ~ ~hat _thg~ ar e__ iawf„iiY x;zed of the said prem~ses in fce simplr, that the iame sre free, cksr and discharged from all liens ~r~d encum- b~ances in law o? in equity, and that they wil! and _~QkL- Aeirs shall warrant ar?d defend tFx title to the same to the said ~ MORTGAGEE, irs successors and assiqns, forever against the lawful claims and demsnds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE the promissory rate hereinbefwe desuibed and ihall truly, promptly - and fully perform, d~scha.ge, exaute, compkte, comply with and ab~de by each and every the ttipulations, sgreements, conditions a~d covenan» of taid ` oromissory note and of this Mortgage, then this Mortgsge and the Estate hereby created ihall cesse ~nd be nvll and void. ' IT IS UNOERSTOOD that the wad "Mortgagor" whether in the singutar or plural snywhere in this AM1wtgage, shsll be singular if one only and - shall be plural jointly and severslly if more than one, and that the word "their" as used anywhere in this Mortgsge shall be taken to mean "his;' "hen," . or "its," wherever the context so implies or admits. Also, that wherever there is a reference i~ the covenants and sgreements herein contained to ~ny o( the pa~ties heroto, the same shall be construed to mean as well as the hein, legal representatives, successors snd assigns (cither voluntary by sct of the partie~ or involumary by operatio~ of the law) of the same and that the covenams herein contained shall bind and the benefits and ~dvantsges inure = ro the respective heirs, legal representatives, s~ccessws and ass~gns of the p+rties hereto. ;i And said /Hortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant snd ayree - to ~nd with the said MORTGAGEE, its successors and assigns: 1. To pay all and s~ngular the prirxipal and interest and the various and sundry sums of money pay~bk by virtve of said promissory r?ote, and thi~ _ mortgage, each and every, p~omptly on the days respect7vely the same severally lxcane dua 2. To pay all snd singul~r tke taaes, assessmems, levies, liabilities, obligstions and encumbranca of every nature and kind now on said dewibed ? property, a that hereafter msy be imposed, suffered, plxed, levied, or assested thereon, w thst hereafter may be levied or easessed upon this Mort¢ age, a the 7ndebtedness secured hereby, each a~d every, when due and payable, according to law, befae they become delir?queM, and before +ny interest a+raches w any penaNy is ir+curred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNf SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND TNE ORIGINAt OFF{CIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED ~ CR CERiIFlED) SHAII BE PL14CED IN TME HANDS OF SAID MORTG7IGEE WITHIN tEN DAYS NEXT AfTER PAYMENT; and in the event that any fhereof is not ; pa~d, saYS(ied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity a •~qht under or by v~rtue of this mortgage and the full amo~nt of each and every such payment shall be immediately due and payable and shall bea~ interest z; ~.om the date thereof unril paid at rate of nine per centum per annum ~ r~ ~Sher woh~~ j~t~est ihall be sewred by the lien of th:s morgtsye. b40 . ~U~ ~i~GE ~5 : £ ~ _ ~ ~ , ~ , _a._,.. _ _ _e v_ - . .