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Home My WebLink About4974 F•+'3~fa7a7V THIS INDENTURE. Made rhe ~6th day of December , A.D. 19 72 behveen John C. Vance and ~larie 1~. Vance, his wife , of $t . Lueie tounty Florida, here~nafter des~gnarrd as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation organized and existiny under the law~ ~ th~{ Un~tad S~aioi of /lmerics and having its principa~ pla:e of bu~~nes~ in ~he City of fo~t Pierce, St. lucie Cou~ty, Florida, hereinatte: des~gnaied as~ the "MORTGAGEE:' WHEREAS Ihe M~RTGAGOR is justly indebted to tfie MORTGAGEE in the sum of S 17 s 1~0. ~0 good and lawful money of thr Un:ted States advanced by the 11:ORTGAGEE unto tha MORiGAGOR, as evlde~~ced by a certam promiasory note of even date herewith, of wh~ch the ioilowing in words and figures is a true copy, to-wit: ~ t 7~ t nn ,(lr1 Nol ~192?_4 Fort Pierce, Florida, ~ecember 26 ~q 72 For vatue receivzd, 1, we or either of us, prom;se to pay, without defalcat~on, to the order of FIRST fEUERAI SAVINGS AND IOAN ASSCCIATION OF iORT PIEkCE at Fort P~erce, Flor~da, the sum of S 17~-1 w,rh ~nte~est from dare at the ~ate of 7! 75o per ennum, in monthly install- ~rrnu as fo~iows: S 141 a+ l~th day of _Fe~zua2Y_ 19__73 and a like sum o~ the correspond;ng day oi each month there- j'rer until tiie whole oe fvtly pa~d. Each install~nent first shall be applied in payment oi the interest a~d tiien on the unpaid balance oi tl,e print~pal sur. If Jefault is made in 1he ~ c;meM of any instalirnent when due, and such defau!t continues 30 days, then at the opt~on o( the holder, and without a~y other not:ce, all the rema~n~ng ~nstallments shall be due and payab:e at once. Privilege is given ~o prepay this note in whole or in part at any t~me withouf pena~ty. Ne~ther forebearance, nor acceptance by Thr holder thereof aftzr any default in any payments hereon, shall be deemed extens~on_ A late payment charge of 5- 7~ ~-r'~. shalt be ~dded to each instaliment remaining unpa~d 7 days after its due date, and a!+ke swn shall t~e addrd to each wch instailment remaining unpaid 7 days after rach succeed~ng payment date. Each maker, iurety artd endo~ser hereof, jointly and severally, wa;ves demand, presentment protest and notice of protest for nonpaym~m, and f~rther egrees to any extension of time of pay~nent, ei*her before or after matunty. witt:out r.ot~ce to any of us; and to pay all costs of coltection, inctud:ng a rrasonable atto~ney s fee in the event oF any defau~t hereunder, and hereb~ se+eraliy waives all benefit of homcstead and exemptipn under the constitution ,~d laws of each State of the l.'nrted Stafes, as agai~~st rhis obl~gaiion o~ any extrr.s~o~ or renewal hereoi. Witness the hand and seal of each pa~ty. / T~}~h V~nno ~:~i~~j (SEAI) s~ ~tarie L. ~'ance (SEAL) csEnu a~ 5. 6 S 1 State Revenue i5rampr cawcdkd e~? ~r:1i.wl NOW, THEREFORE, the MORTGAGOR for the purpose of secu.ing payment of sa~d sum of S 1 7~ 1~~• and the performance of the covenanta and agreements here'~nafter expressed, and for divers goed and valuab!e conside~ations, by these presents, dces grant, bargain, seli, rem~se, -~~iease, convey and conf~rm unto the MORTGAGEE, ifs succeswrs and assigns, all that certain lot, piece w partel of land, situate, lying, and being in tht County of $L. Lucie and State of florida, desuibed as follows: Lot 14, Block 3, SILVSR LAKB PARK SUBDIVISION, as per plat thereof on file in Plat Boo~ 10, Page 4, of the Public Records of St. Lucie ' Co~ty, Florida ' ` y% QArM~ ~„o?~R,~. ~ ~ ~ ~ FE'LS~~~`~'' Q~yl~. ~~.~`g`E p~`S pF ~ ~ = STAT E ~F F LO R 1 D ~ ~E~E1VE~ ~SS ~c ~;tF i~-~~~,s Fv~. STAMP it,x! DOCUMENTARY~%~_____-------- p~;~- Gt to ER ~ W~~ ~ o= ~ ;r~; . f Q~~~ R~~~~~ SS. ~ ~7Eai. UF kEYEhUE _ i~ ' ~ _ ~.~-.~~3 s~~=.~~ 2 5. 6 5 ~ ~~a~'`~ ~ ~ _ oZ ~ _ ~ ,/L ~ o ~ ~ ~ ~ ~ ~ogether with all and singular the tenements, hereditaments and appurtances thereunto belonging w in anywise sppertaining iheteto, and alI rent~, issues, ~ a~oceeda and profits accruing and to accrue from said premises, all of which are included in the above and fwegoing deuription and habendum. ~ TO HAVE AND TO HOIQ the above described and gra~ted premises unto the said MORTGAGEE, its successors and assigns forover. And t!?e said ~ t }Y 12 ti~.ORTGAGOR for he~rs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and sisigns, the are y rhat Y------ iawfully seized of the saed prem~ses i~ fee simpte; that the same are free, clear ar.d discharged from all liens snd err_urt?- ~ ~ brances in law or in equity, and that thQy wilt and their heirs shall warrant and defend the title to the same to the said 3? S",ORTGAGEE, its successors and assigns, forever against.the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tF~e promisswy note hereinbefwe described a~d shsll truly, promptly - rnd fu~ly perTwm, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditio~s and tovenantf of fa~d - crom~ssory note and of this Mortgage, then this Mo~tgage and the Esrate hereby created shall cesse and be null and void. = IT IS UNDERSTOOD that the word "Mortgagor" whethe~ in the singular w plural anywhere in this Mortgage, shall be singular if one only and snall be ptural jointly and severally if mwe than one, and that the wwd "their" as ~sed a~ywhere in this Mortgsge shall be taken to mean "his;' "hers," or "its," wheiever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of fhe parties hereto, the same shall be construed to mean as well as the heirs, legal represenlatives, successors and assigns (either voluntary by act of the `,`s parties or invoiuntary by operatian of the law) of fhe same and tha~ the covenants herein contained shall bind and the bene4its and advantages i~ure +o the respective he~rs, legaf represemahves, successws and ass~gns oS the parties hereto. And said Mortgaqors, for themse[ves and their heirs, legal representatives, successors and essigns, hereby joint!y and severally covenant and agree ro and wirh the said MORTGAGEE, its svccessors and assigns: ~K 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promiswry note, snd this - mortgage, each and every, promptly on the days respectively the same severally become due. ==3 2. To pay all and singular the ta:es, assessments, levies, liabilities, oWigations and encumbrances of every nature and kind now on said dexribed ~roperty, w that herea~ter may be imposed, wffered, placed, levied, or assessed thereon, o? that hereaher may be levied or assessed upon this Mortg- age, or tF~e indebtedness secvred hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interest ~w~°' .,.ti.~ „<...u., ;..,......a• w~n iN~faa AS ANY THEREOF IS OF RECORD THE SAME SHAtI BE PROMPTtY SATISFIED AND DISCHARGED OF ~ RECORD AND~TME ORIGINAL OfFIG~AI DOCUMENT (SUCH AS. FOR tNSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OiFIC1AlLY EhlUORSED ~4s " OR CERTIFlED) SHALL BE PLACfD IN THE HANDS OF SAID MORTGAGEE Y~ITHIN TEN DAYS N'cXT AFTER PAYMENT; and in the eveM that any thereof is not oa~d, sat'sfied and d~scharged sa d~~ORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecti~g any option, lien, equity or .~~ht u~der or by v~~t~e of th~s mo~tgage ,nd the full amovnt of each and every such payment shall be immed~ately due and payable and shall bear interest ~rom the date thereof u~til paid aT rate of n;ne per cent~m per annum and together w~th 1uc ~ r t hall be c b the lien of th s morgtage. C ~ 'Y~(~ dOCr~VJ rAGE~~~ ~ ~ ; : ; - ~~tX ~