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Home My WebLink About4843 ~;•~'~£~6U ~ THiS INDENTURE. Made the 2~nd day of ~cember A.D. 19 be~ween Jack C. Smith 3nd 3ever2y A. Smith, his wife ~ . - - L of St. Lucie Co~nTy flwids, here~nafter desyna~ed as ihe "MORTGAGOR." and FIRST FEDfRAi SAVINGS AND tOAN ASSOClATlON OF FORT PIERCE, a corporation ory~ni:cd and ex~s~ing undrr the laws of the Un~ted S+aias of Ameriu and havi~+g ii~ pri~cipal plaze of buiinesa i~ ~hs C~ry of Fort Pie.ce, St. lucie County, florida, htrei~after designated as ~he "MORTGAGEE:' WHEREAS the MORTGAGOR ia justly indebted lo ths MORTGAGEE in the sum oi S 29~2~0~ good and lawfuf mo~ey o( the Un:ted State~ advanced by rhe MORTGAGFE unio the MQRiGAGOR, as evidenced by a cerra~n promissory nofe of evrn date herew~~h, of wh;ch the fo~low~ng in y.ui3s and iig ;as is a i:;;e .~pr. :u ::ii: S 24,200.00 No 1dO1~3221 _ Fwt Pierce, ftaida, D~~e~her 2? ~v 7? fp value received, I, we or eilher of us, prom~se to pay, without defa:c.~r~on, to the order of fIRST FEDfRAI SAVlNGS AhD LflAN ASSOCIATIOV OF FORi PIERCE at fwf Pierce, fbrida, the sum of S?g-12~~ _ w~th in.e~est from dare at the rate of 7! 7~y pc~ annum, in monthly ~nstall- ments as fo~!ows: 5-221 en ~he lOth day of February _ 19 73 and a Gke sum on the correspond7ng day of eaeh ma~th ehere- after until the whole be fulfy paid. , Each installment first shall be appl~~ in payment of the inte~est and r1,en on the unp~~d baiante of the princ~pal sum. Ii defautt is m3de in the payment of any i~sraNmenr when due, and such defa~lt continues 30 days, then at fhe option of the holder, and without any ots~er notice, all the remaining ~nstalime~ts shall be due and payable at once. Pnvilege ~s gnen to prepay th~s note in wnoie o~ in pari ai aoy i~«~r vr~ti~o.,i pe;.s:ty. `:aiN:rr {cc:L~-ara^te, ' - . , I~VI OIIC~/~a~~tC ~ •~~e ~N~a~~.~ •L____! .la.._ .i..l:..}• na-:et+~n}e ~_~~e...~ ~l.ll L.t !~p...wp!~ ~Y~P!li!n!1 4 ~ 1_ ~ ~O " ' • a a nav.~+en~ r6arqe of S__ , shall be ~ ad3ed ro each installment remaining unpa~d`7 days after its due date, and a i~ke sum shali be added ro each such ;nstal;ment rema~ning unpo~d 7 days after l each succeeding payment dare. Each maker, surety and endorse~ hereof, jointly and severally, Wa~ves demjnd, present~nent protest and notice of protest for nonpayment, and further agrees to any extension of ti~ne of payment, eithe~ before or after mawrity, wishout notice to any oF us; and fo pay a!! co3h of collrt?ion, in~:ud:ng s rensonable attomey's fre ~n the event of any deFault hereunder, and hereby se~:erally waives ~II benefit of homeatead and ezemption under the constitution ' and laws of each Siate of the ~nired States, as aga~nst this obl~gation o~ any extena~on or renewal hereof. ~ Witness the hand and seal of each party. ' S% Jack C. SIDlt}1 (SEAL) ~ tSEAI) ~ s/ Beverly A. Smith (SEAL) ~ \ $43~ ~ State Revtnue ISEAI) ~ ~ iSratAp! tanclMed ~oet erlgk~ehnol!? NOW, THEREFORE, the MORTGAGOR for the ur se of securin 29 2~• 0O and fhe performance of the p po g payment of said sum of S s covenants and agreements hereinafter expressed, and for divers good and valuab~e considerations, by Ihese presents, dces granl, barga~n, seli, rrm~se, ~ raiease, convey and tonfirm unto the MORTGAGfE, its successors and ass+gns, a7! that ceriairt bt, piece o~ ps~cel of land, situate, lying, and being in the ~ County of $t . Lue ie and Stete o1 Florida, desuibed ss follows: LOL D1VC:K L~ v'~^iiv'~v~ nr ^sm~~ r.C?~1~rcC • l tf:es-r~nf ~ Y on file in Plat 3ook I1, Page 5, of the public RecnYds of St. Lucie County, Rlorida ' Y.TS•~~ 1N PAYI~AENr ~ T~ ~ C IM1ANi18lE PE~~AI P~Rn~ ' p~ 0!1 Cj ~ C~ER 71-134. AC~S OF ltltl. ~'/fC~ STATE o~ F~ORiDA' pu~+ ~ RO[;E4 P~~T ' > M DOCUMEtdTARY~~STlaMP it:X CIERK CIRC1111 COURi, S~. ~~?"t cA. Fu °c~ OEPt• OF RErENUE ~ _..~~3-•~~~~;~ 4 3. 8 0 1 ~ - = ~ . = n~oz 1 0 rogether with all and singular the tenements, Ixr~ditaments and appurtanccs thereunto belonging or in anywise appertainirg thereto, and sIl rents, issucs, proceeds and profits accruing and to accrue from said premises, all of which a~e 'enctuded in the above and foregoing dexription and habe~dum. TO HAVf AND 70 HOLD the above described and granfed premises unto the said MORTGAGEE, its sutcessori and assigna forever. And 1M said ti50RTGAGOR for ~hg?r F,eirs, executors, adminisTrators and ass~gns, hereby covenants with the said MORTGAGEE, its s~rccessors and assig~, rhat -_theY_are__ Iawfully seiied of the uid premises in fee simple; that the same are free, clea~ and discharged from all liena and encum- brances in law or in equity, and that thE-'Y will and their heirs shall warrant and defend the title to the same to the said .~ORTGAGEE, its successors and assigns, forever against the lawful cia~ms and demands of all persons; PROVIDEO, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omis~ay note hereinbefo~e deuribed and shall truly, promptly and fully perform, discharge, ezecute, compiete, comply w~~h and' ab~de by each and eve.y the stipulat~ons, agreements, conditio~s and covenants of sa~d prom~sswy note and of this Mortgage, then this Nbrtgage and the Estate hereby created shall cesse and be nuti and void. IT IS UNDERSTOpD that ihe word "Mortgsgor" wheti~er in the singutar w ptural anywhere in this Morfgage, shall be singular if one only and shall be plvra{ jointly and sevcrally if more than one, and that the word '"their" as used anywhere in this Mwtgage shall be taken to mean "his," "hers," or "its," wfierever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements he~ein contained to any of rhe parlies hereto, the same shalf be construed to mean as well as the heirs, legal rep~esentatives, sutcessors and assigns (either voluntsry by act of the parties o~ invotuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure ro the respective he~rs, legal representatives, successors and ass~gns of the parties herefo. And said Mortgagors, for themselves and their heirs, legal representarives, successors and assigns, hereby jointly and uverally covenant and sgree ro and with the said MORTGAGEE, its s~ccessors a~d assigns: l. To pay all and ~ingu~ar the principa~ and interest and the vario~s and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promprly o~ the days respect~vety the same severally become due. 2. To pay ail and singular Ihe taxes, assessments, levies, liabiliries, oWigations and encumbrances of every nature and kind now on said dexribed property, w that hereafter may be imposed, suf(ered, plxed, levied, or auessed thereon, q that hereafter may be levied w assessed upon this Mortg• age, or the indebtedness secured hereby, each and every, when due and payable, accwding to (aw, before they become deiinquent, ar+d before any interest a!raches or any penafty is inc~rred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAIL BE PROMPTIY SATISFIED AYD ~ISCHARGED Oi RECORD AND THE ORIGthAt OFFICIAI DOCUMENT (SUCH A5, fOR ItvSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OiFIC1AtLY ENDORSED OR GERi1F1ED) SMAII BE PIACED iN THE HANDS Of SAtD MORTGAGEE WtTHIN IEN DAYS NFXT AFTER PAYMENT; ar~d in the event thar any thercof is not pa~d, sar sficd and discharged sa d MORTGAGEE may at any t~me pay the same or any nart thereof withovt waiving or affecting any option, lien, equity w •~ahr under or by virt~e of this morrgage and t~:e full amovnt of each and eve~y such payment sha(i be immed~ate~y due and payable and shatt bear interest j~om tAe date thereof un:il pa+d at rare af n:ne pe~ centum per annum and roge~F:er w~th wch interest shall be secur~l ~y o( th's ~~~o, ~9 r., : ~ ~ _ t . ~ _ ~ -