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Home My WebLink About4978 ~ ` ' 244952 THIS INOENTURE. Made the day of A.D. 19__L~ ~ between Fr~k~n L Dauson and Arabell e P Davson~ his v~e _ of $..t•- T•~~~=iP ~ounty Florida, hereinafter des~gnatrd ~ jhe~MOR'GAGOQ." an~.FIRST FEDERAI SAVINGS AND :OAN ASSOCIATION OF fORT PIERCE, a corporation aganized and exis~ing under the laws'~~ the Un~ted Staro~ qf America and having its principal place of busineu in ths City of Fort Pisrce, St. lucie County, Florida, here~nafter designated as the "~I1QRij'i~1~:E~ WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s lj~bn0 , yood and lawful money of ihe Unted S~ates advancrd by the MORTGAGEE unto 1he MORTGAGOR, as evidenced by a certain promiuwy note of even date he~ew~th, of wh.ch ihe foilow•ing in wordi a d figures is a true copy, to-wit: s i3~2nn~nn 1001.9206 - Fo?t Pierce, Flwida, December_ 18~ ,,~__?2 i« value ~eceived, 1, we or e~ther of us, pr~se }q~pay~y~~~hout defafc~r~on, ro the order of FIRST FEUERAI SAVINGS AND IJAN AS:,^CIATIC?N OF FORT PIERCE at Fwt Pierce, Fto+ida, ?he sum of S ~"~w - wath interest from date at the rate of ~1~:~ per annum, in n~nth!y ~-,s~•.~I- ~~~ents as foL'ovvs: S 112 on the l~}'h daY of February ~q_ 73 and a like sum on the correspond~ng d~y of each month rhr:e- afrer until the whole be fully paid. Each insrallment iirst shall be appliad in payment of the interest and then on the u~paid ba~ance of the p+inc:pal sum. If default is made in the ~:ayinent of any installment when due, and such defautt continues 30 days, then at the opt~on of the hoide~, and witho~t any otner ne•~ce, all the remaimng I-utallmeMS shail be due a~d payable at once. Privilege is given to prepay this note in whole or in part at any time w~thout penaify. Neithrer forebearance, no~ acceptance by the holder thereof after any default in any payments he~eon, shall be deemed extension. A late payment charge of S_ j'~ . shall be ~dded to each installment remaining unpa~d 7 days after its due date, and a tiAe sum shall be added to each suth instailment remaining unpaid 7 days after each susceeding payment date. Each maker, surety and endorser hereof, jointly and severally, warves drmand, presentment protest and notice of protest for nonpayment, and further agrees fo any extension of time of payment, e~the~ bzfore or after maturity, wi:hout nat~ce to any of us; and to pay a!1 costs of col~ectio~, inc!ud:ng s rcesonable attorney's fee in the event of any defau~t hereunder, and hereby se:erally waives all benefit of homestead and exemption ur.der the constitution ~~~d laws of each State of the United States, as agai~~st this obGgation or any extension or renewal hereof. W~tness the hand and seal of each pa~ty. C/ Ti w~fTLl; T T. _ Tlsvenn _ (SEAL) (SEAI) I`A e e • a~~n (SEAL) ~27. ~l~ (SEAI) . j_ ) State Revenue NO~Af, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s and the performance of the rovenants and agreeme~ts here~nafter expressed, and fo~ divers good a~d vatuable co~siderations, by thex presents, does grant, bargain, sel~, remise, relea:e, convey and c~n firm unto the MORTGAGEE, its succeasors and au~g~s, all that certain lot, piece or parcel ot land, aituate, lying, and being in the County of St. Lueie and State of Fbride, described a• tollaws: Lot l, HILTNER'S SUBDIVISION es per plat thereof on file in Plat Book 9, page l~0, of the Public Recor~~s of St. Lucie County, Florida 6 'i - ~ dE~~,~ct ~ ( - ~ ,~j \~QA' n' a~.Q,at~- ~ = STATE ~F FLORiDA~ /~~t,~'ER~,SVE . ~r. ° p DOCUMENTARY~-.:;,STA____~!~!?_TI~Y ~ N , ry o~ ~ vEP1. (!i PfYENUf f ~,~p .C ~o~Ei ~~~~,~.,~~~~~G~f ~ ~ z.~ an - : -a~'~~ Z 0 ~ 0 ~ (~sGE O~~ ~''~S'~~ Gt~'~ ~~~vFR(lt+ i~' ~ ~C ~ ~ JA:1'Y~T: ~ • ~ t .G ~ o° = tP4'2 s Q\.`~~ ~~~SiC~\j ~ ~1 ~ G~,~ N ~ ~ ~ ~ ~ ~ ~ ~ ~ !ogether with all a~d singular the tenements, hereditaments and appurrances thereunto belonging w in snywise sppertaining thereto, +~d stl rents, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing dewiption and habendum. ~ TO HAVE ANO 7p HQID the above descr~bed and granted p~em~ses unto the said MORTGAGEE, its successon and assigns forever. And ths s~id R Lhelr ~ MORTGAGOR for ~~~s, executors, administrators and assigns, hereby covenanri with the said MORiGAGEE, its sutcessws and ~ssigro, the are ~ •hat - lawfully se~iedhofe~ e said premi~eir~ simple; that the same arc free, desr and dixharged from a11 liens and encum- ~ b~ances in law or in equity, and that t will and heirs shall warrant and defend the title to the same to the said ~ h~.ORiGAGEE. its wccessors and as~~gns, forever against the lawfut daims and demands of sll personr, PROVIDED, ALWs1Y5 that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed a~d shall truly, promptly - ar.d fully perfwm, d~scharge, execute, complete, comply with and abide by each and every the stipulstions, agreements, conditions and tovenants of said p~omisso~y rwte and of this Mort9age, +hen this :Nortgage and the Eatate hereby crested ihall cease and be null and void. ' IT IS UNDERSTOOO that the word "Mortgagor" whether in the s~ngutar w plural anywhere in th~s Mwtgage, shall be singular if one only and ~ shall be plural jointly and uverelly if more than one, and that the word °their" as used snywhere in this Mortgage shall be taken to mesa "his;' "hers," 's or "its," wherever the context w implies or admits. Alw, that wherever there ~s a reference in the covenants and agreemems herein coMained to any of ! rhe parties hereto, the same shall be construed to mean as we!I as the heirf, legal representatives, successws and ass7gns (either voluntary by atl of the parties or involuntary by operafion of the ~aw) of the same and thar ~he covenants herein conTained shall bind and the benefits and adv~ntages inure ro the respecti~e he~rs, legal representarives, successors and assgns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal ~epresentatives, successas and assigns, hereby jointly and severally covenant and agrce to and with the said MORTGAGEE, its successws and assigns: 5~,: 1. To pay all and sing~lar the prirxipal and interest and the various and sundry sums of money payable by virtue of said promiswry note, and this mortgage, each and every, prompfly on the days respettively the same severally become due. t:: 2. To pay al! and singular the taxes, assessments, levies, liabilities, obligations and encumbnrxes of every nature and kind now on said described property, or that hereafter may be imposed, suffered, placed, levied, or asse~sed lhereon, w that hereaher may be levied w assested upon this Mortg- age, w the indebtedness secured hereby, each and every, wl~en due and payable, accordi~g to Isw, before they become delinquent, and befo?e any interes? d't2ChtS w any penany IS Ir1CU«f0; AIVV ~~V~VfHK N~ M1V~ In[RCV~ ~J vi wc~vwv iiii ~.a::.:~ ~u~~~ oD~uOT~V NAT~~CICfI AA1(1 /1IC!'HADf:[(1 !lG ~ RECORD AND THE ORIGttvAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1AtLY ENDORSED OR CERTIFIED) SHAII BE PtACED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is not :a~? ~:a~d, saYSfied and discharged sa d MORTGAGEE may at any t~me pay the same or a~y part thereof without waiving or a(fecting any option, Gen, equity or •~~ht ~nder or by v~rwe of this m.orrgage and the full amount of each and every su:h payment shall be immediately due and payable and shall bear interest ~ ~rom rhe datt ~hereof until pa d at rate of n~ne pe~ cen~;,m per annum and togeihe~vyph~~eres~~~ secu~ed by the lien of th's morg?a9e. V K ~ ~ , iv~i~w ~ ~ . _ _ _ _ ~ ~ _ _ .