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Home My WebLink About0035 245~51 ~ THIS INDENTURE, AAsds the 12th day of January A.D. 19 73- between Lawrence Roy and Verna Roy, his wife cf St. Lueie ~p~~ry fiwida, hereinafter deignated as the ~'MORTGAGOR;' and fIRST FiDERAL SAVINGS ~~ND IOAN ASSOCIATION Of FORT PIERCE, a corporation ory~nized and existirg under the laws of the Un~ted S~a~o~ of America and Mvinp in principal place of businesi tn th~ City of Fort Pisres, St. lvci~ County. fbrida, hereinafter des~~n~ted as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indebted to Ihs MORTGAGEE in the sum of : 19, 6~.~ good and lawful money of the Un~ted ~ S~ates advanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a cerfain promiuwy note of even date. herewith, of which the followiny in words aod figures is a trus copy, to-wit: ~ s 19,600.00 ~ 10019~84 ; Fort Pieres, Flwida, J~?n ua r y ` 1~_~p 7~ Fa value received, I, we w either of us, promix to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ~.NQ,IOAN ASSOC~ATION ~F FORT PIERCE af Fort Pierce, Florida, the sum of = 19 F600. with i~tere~f irom date at the rate of pe~ annum, in monthty instalr n,ents as fo~tows: S 145.~ a+ l~th day of May , 1q73 and a like sum on the correspondinQ day of ~rach monfh therr ~ afrer until the whole be fully paid. ~ 7 Each insrallment first shall be applied in payment of ~he interest and thrn on the unpaid balance of the principal sum.' "~f~ defauit is made i~ the t Fayment of any installment when due, and such default continves 30 day~, then at the option of the holder, and without any othw oot:ce, all the remaining ~~~stallments shall be due and payable at once. Privilege is given to p~epay this note in whu~a or in part at any time without {xnalt~. Pldther forebearants, nor acteptance by the hotder thereof after any default in any payments hereon, shall be deemed exte~sion. A late payment charge of S 7'25 shall be added to each installment remaining unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining unpaid 7 days after each suctesding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of p~otest fw no~payment, and further agrees to any extension of time of payment, either before or after maturity, wi~hout notice to any of us; and to pay all costs of collection, includ~r?g a ~ reasonab~e attwney's fee in the event of a~y defauit hereunder, and hereby seve~ally waives all benefit of Fwmestead and exemption under the constitutan i and Iaws of each State of tF?e Ur.ited States, as against this o6tigation o~ any extens~on or renewal hereof. ; 4 Witness the hand and seal of each partv. i s/ Lawrence Roy ~AU ~ cs~nu - s/ Verna Roy ~A~~ ts~?U ~ $ 29 . 40 ; c.are a~Ye~ve t~A~~~~il~ ~ origioal ~t~,l- ? ? NOW, THEREFORE, the MORTGAGOR for the purpou of secvring psyment of said sum of = 19,600,~ a~ ~~{a~~ of the { covenants and agrtements hereinafter expressetl, and for divers good and valuable conside~ations, by these p?esents, does grant, bargain, sell, remise, i re~ease, convey and confirm unto the MORTGAC,EE, ih successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and txing in the j St . I.L1C1Q 3 County of and Stste of Florida, dewibed as follows: ~ ~ i f ~ 1 i Lot 15, Block 4, TROPICAL BEACH StBDIVISION, Blocks 3 and 4, as per Plat thereof on f ile in Plat Book 10, Page 9, of the Public Records i of St. Lucie County, Florida ~ i 3 ; ' 4 ~ t E ? . : - s oR . ~ C)R~D,4~~ E o= N ARY T Mp X# R~EIYED ~ 1N PAYUAENT OF TI~tFS e'' QE .O~ pE1fEfY11E _ DUE ON CtASS 'C INTANGIBLE PERSO:~aI P~'OPflii~ ~ -~c ~ ''w q ~~IY1f'~ Z~~ O t PURSUANT TO CHAPTER )1-134. ACTS OF 19)1. R f d= ~t10I ROGER POITRAS ~ , CLERK CIRCUIT COURT, ST. IUCIE C0, FU? ~ # ~ ~ ~ ~ together with all and singular the tenements, Fureditaments and appurtances thereunto belonging w in anywiu sppertainir~ therero, and all renb, iuues, prxeeds snd profits atcruirg and to accrue from said premises, all of which are i~cluded in the above and foregoing dewiptwn and habend~m. ~ TO F1AVE AND TO HOID tfie above described and granted premises unto the said MORTGAGEE, its suaesson and assipns forevd. And tFw s~id ~ their !+!ORTGA~p R for heirs, executors, administrators and assigns, hereby covcnanri with the said MORTGAGEE, iff s~ctetsors and ~ui9ro, ~ rhat they aIe lawfully se~zed of the said premises in fee simple; that the ssme sro free, clear ~nd diuharged from all liens ~nd tncwrf ~ bronces in law or in equity, and that thev W~11 and their hein sbafl warraM ~nd defend the title to the ssme to the said MORTGAGEE, its succeswrs and sssigns, forever against the lawful claims and demands of al) persons; ~ PROVI~ED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE tF~e promissory note hereinbefore desvibed and shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of taid - promisswy note and of this Mortgage, then thi~ AAortgage and the Estate hereby oeated shall cease and be null and void. - IT IS UNDERSTO00 that the word "Mortgagor" whethe~ in tFie singular w plural anywtxre in this Mwtgage, shall be singular if w~e only and ~ shall be plural jointly and uverally if more than one, and that the word "their" as used anywhere in this Mortgage :!?all be hken to mean "his;' "hen," - or "its;' where~er the conte:t so impties w sdmits. Alw, that whe~ever there is a reference in the covensnts ~nd agreemenfs herein contained to any of ~he parties hereto, the sanxt shsll be construed to mcen ss well as the heirs, legal representatives, successon a~d suigns (either voluntary by act of tht parties or involuntary by operation of the Isw) of the same and that the covenants herein contained shall bind and the benefits snd advant~ges i~ur~ ~ to the respective heirs, legal representatives, sutcessors and au~gns of the parties hereto. And said Mwtgsgors, fw themselves and tF?eir heirs, tegal reprexntatives, successors and suigns, hereby jointly and sevaalty coven~nt and ayree ro arui with the ssid MORTGAGEE, its successors and assigns: 1. To psy a~l and singular tlx principsl and interest and ~he vsrious a~d sundry sums of money payabk by vutw of said promissory note, snd this ~ mortgage, each and every, p~ompt~y o~ 11ro days respectively the same severa~ly become due. ; 2. To pay sll and singula? the tsxes, assessmenn, levies, liabilities, oblgatia?s and encumbrsnces of every nature and kind now on said described properry, or that hereafter may be imposed, suffered, plxed, levied, or assessed fhereo~, a that hereafter may be levied a usesied upon ihis Mort¢ age, a the indebtedneu secured hereby, each and every, when due and payable, xcording to law, befors they become delinqueM, snd befwe my interdt . - artaches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 8E PROMPTLY SATISfIED AND OISCHARCsE~ OF RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE -TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSE~ - UR CERTIFIED) SHALL BE PtACED IN THE HANDS OF SAID MORTGAGEE WI1H1N TEN DAYS NEXT AFTER PAYMENT; and io the event fhat any thereof is not ~ paid, sat"sfied and discharged sa:d MORTGAGEE may at any rime pay the same w any patt thereof without waiving or affetting sny option, lien, equity w ;f •~aht uoder or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and pay~bk and shall be~r intereit {.om the date the~eof unti) paid at rate of nine per ceMum per annum and togelhe~ w~th such interest shell be secured by the lie~ of th:s mwytaQe. ~ ao~x z~~ PACE ~ ~ ~ ~ ~ : ~ ~ ~FC~. 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