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Home My WebLink About4841 2~~~'~SS9 iN15 INOENTURE. ~d. ~ne_ 28th doy of Dec~nber ~ A.D. i9 72 _ Lrtwten Bdwin Binney Stead and He~p R. S2eadL his wife ^ of SL. Lue3e County Florida, herr~nalter designared as the "MORTGAGOR," and FIRST FEDERAI SAVINGS ANd IOAN aSSOCtAT10N OF fOAt PIERCE, a twpo~ation w9anized and ex~aring undar tM•laws of the United S~atos of America and having its principal plsc¢ of busmess in ~hs City of Fort P~sres, St. lucie County, Flwida, hcre~naher designated as ths "MORTGAGEE:' ,j WHEREAS the MORTGAGOR is justly indebted lo the MORTGAGEE in the sum of S 9 is~ good and lawfut money of the Un:ted ' S!ates advanced by the MORiGAGfE unfo the MORiGAGOR, as ev~dencrd by a certain promissory note of e~en daee herew~~h, of wh:ch the fo:lowing in ~..ords and f~gute! ~3 s(rul Wpy, cv~hN: a 9.500.00 lUUly'L:i7 Fort Pierce, flw~da, ~ecember 28 ~ ~q~_ Fw value received, 1, we w either of ~s, prom~se to pay, withouf defatcar~on, to rhe order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~;2T PIERCE at fort Pfercr, Fiorida, the wm of S-9 ~5~--:~ wrth ~nterest from date at the rate of 7~7~ per annum, in momhly install- }is as /o~!ows: f-ZB~QQ____. on the daY or _Febr~arv___, 19~~- and a tike sum on the correspond~ng oay of eacF month there- ,+•rer until the whole be f~Ily pa~d. Each instaliment first shall be applietJ in paymeM of the interes? and then on the unua+d balance of the princ~pal sum. If defavlt is made in the ,.,nrnt of any instatiment when due, and such detault co~i~nues 30 days, then at the option of the ho:der, and with~ui any o~her notice, all the remaining s~allments shall be d~e and payab:e at once. Privilege is grven to prepay ~his noin in wtw~e or in par! at sny t[mt wi!4+o„~ penaltv. Neither foretxaronce, ~.~r accepfance oy ~ne ~w~~e~ a..~ _ sti~!~ b_ d~..~~i extens:o~. A late payment charge of S 3•9O . shall be <,~.i_-d to each instalime~t remaining unpa~d 7 days after its due date, and a like sum shalt be added to each such installment rema~n~ng unpa~d i ueys :•.~;h succeeding payment dare. Each maker, surety a~~d endorser he~eof, jointly and severally, wa~vrs demand, presentment protest and notice of p~otest for nonpayment, and further a,,rees to any extensio~ of t;me of paymeM, either bafore or after mawrity, without not~ce to any of us; and to pay all cos~s of colleaion, intluding a ~.~,onable attorney's fee in the event of any de(au1? hereunder, and hereby severally waives all benefit of homestead and exemption under the conetitu:iw~ :i ;aws of each State of the Un~ted States, as agamst this obligation w any extension w renewal hereof. Witness the hand a~o seal of each party. (SEAL) s/Edwin Binney Stead (SEA~) (SEAt) s/Helen M. Stead is~n~~ i $14.2$ ' ) State Revenue M ~r,Yps cemclMed err a~k,~tn~l~ere}~ NO'.Y, 711ERfiORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of S 9~ r~ , and the performance of the ..,:znanta and agreemen+s hereinaiter expressed, and fw divers 9ood and vatuable co~sideratio~s, by these presenfs, daes grant, bargain, sell, remise, ~<,ease, co~vey snd tonfirm unto the M~RTGAGEE, its successo~s and au7gns, atl that certain lot, piece or parcel of land, situate, lying, and being in the :o„nty of St. LZ1Cle and State of Florida, desvibed +s follow~: The North ~ of the NW'~ of the S4~ of Section 24, To~mship 34 South, Range 39 Bast, . , ? P~~~~~T OP~ h ~ v5~ s~? i F ~~-:Q ~ `'~j P yilc ~ ~ • ~ ~ R~CEJVFD ' \ ~'J~. - • ' f ~ !!1 PA1rMEI~lf Of ZAXES ~ P'~~?~,~ ,,,3~= DUE OM t~ASS 'C IMTANi18lE PERSONAI ?ROPERIY, lw ~'l` ~R${~'IT ~ C~P~cn ~I-134. ACTS OF ly)1. ~-,y ' ` ~~~1 ~ i/,/'~' RtiuE4 ~OITvA•: ~ ; c" 'p~ CLERK CIRCUIT COURl, SL L1;i;~t Cp, FIA c^ Q0'~1 ~ <~;y~ ,f' ~~~i,`~~ ~ p i ~y~C'~ O i ! f i •ogerher with iIl and singular the tenements, Fxreditaments and appurta~ces thereunto belwaging w in anywise appertaiaing thereto, and a!1 renfs, issues, .~eceeds and prof~ts accruing and to sccrue from said premises, all of which are included in the sbove a~d fwegoing description and habendum. ; TO HAYE ANO TO HOLD rhe above described snd granted premises un~o the said MORTGAGEE, its successon ~nd asigns forever. And the s~id ~ theiY ; ~RTGAGOR for heirs, executws, adminisrrators and assigns, hereby covenants with the said MORTGAGEE, its succeuas a~?d auiyns. _ th~X- ~Y~__ Iawfuuy setzed of the said prem~us in fee simplr, that the same are (ree, ciear and diuharged from all liens and encvm- c~ances in law or in equity, and that they W~~~ a~d thelY hdrs sha11 wsrrant and defend the title to the ssme to the said E !1:ORTGAGEE, its successors and aasigns, fo~ever against the lawful claims artd demands of atl penons; i PROVIDED, ALYlAYS that if the MORiGAGOR shall pay unto the MORTGAGEE the promissay note Fxreinbefore deuribed and shall fruly, promptly a~.d fully perform, d~xharge, ezecute, complete, comply with and abide 6y each and every the stipulations, agreements, conditions and covenants of said prom~:aory note and of this Mortgage, the~ fhis Mwtgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in fhe singulrr or plu?a) anywhere in this AAwtgsge, shall be singular if one only and ~ shall be plural jointly and xverally if more than o~e, and that the word "~hei~" as used anywhere in th~s Mortgsge shall be taken to mean "his;' "hers," or "its," whcrever the conteat so imp~ies w admits. Also, that wherever lhere is a reference in the covenanis and agreements he?ein con?ained to any of •he parties hereto, fhe ssme shall be construed to mean as well as the heirs, legal representasives, s~ccesso?s and assigns (either volunlary by act of the :,a~ries or involumary by operar~on of the law} of ~he :ame a~d that the covenants hcrei~ co~tained shall bind and tF~e benefit~ and advantages inure ~o the respective heirs, legal representatives, successors and ass~gns oF the parties herefo. And said Mortgagors, for themselves and their hein, legal rep?esentatives, successors and assigns, hereby jointly and severally tovenant and agree •o and with the sa~d MORiGAGEE, its successws and ass~gns: i 1. To pay sll •nd singular rhe printipal and interest and the various and sundry sums of money payable by virtue of ieid promissory ~ote, snd this mortgage, each snd every, promptly on Ihe days rospectively tlx same severally become dve. 2. To pay all snd •~ngvia? the taxes, assessments, lev~e~, li~bilities, obligations +nd encumbrarxes of every ns~ure and kind now on sa~d dewibed property, pr that hereafter may be impoud, suffe~ed, plated, levied, or auessed thereon, o~ that hereatte? may be levied o~ assessed ~po~ this Mwt¢ age, or the indebtedness sccured hereby, each and every, when dve and payabfe, actording to I~w, before they become drlinquent, ~nd before any interest arrzc~es or arty penaf~y is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATISFIEO AND OISCHARGE~ OF ~ECORp AND THE ORIGthAI OFF1CIAl DOCUMENT lSUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SAifSfACTiOfY PAPER OFFICIAILY ENDORSED CR CERTIFIED) SHAII BE PIACED ~N THE HANDS Of SAID MORTGAGEE WITHIt~ TEN DAYS NFXT AFTER DAYMENT; and in the eve~t that any thereof ii not ~:a d, satbfied and d~scharged sa:d MORTGAGEE rt:ay at any t~me pay the same or any part thereof without waivirg or affecting any option, lien, equiry or •,qht ~nder or by v~rtue of this ~*wrsgage and the f~tl amount of each and eve~y such payment shaN be immediately dve and psyable and shall bear interest ~•e~„ rhe dare thereof unr;i pa~d at r.,te of mn~ per centum pe~ a~num and t eth~r wnh such inurest shall c the lien f r t e. ~ ~0 f~ ~~1.~~ 9 a9 , : . : s - - , . . . _ . ~ i x~.,. ~ ~ ~r. F'~ y 1 . . . - rt~ ~ ~ _ .