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Home My WebLink About0543 ~ 24so89 ~ TMIS INDENTURE, AAad~ the ~12Lt1 ~Y of Je?17t~dYy A.D. 19_73. between Ranald L. Courtney and Jacquelyn W. Courtney. his wife and _ William L. Bailey and l.ois S. Bailey, his wife ! ~r ~r~ ` of St _ Lucie ~ Couny Flo?ida, hereinaftK designated +s the "MORTGAGOR," arNt~fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a torpaation oro~nized snd eaistiny under tM lawt of ths United Stat~~ of Am~riu and havinp iri principal pl~c~ of ; buHnsss tn tM Ciy of fort PiKC~, St. Luci~ County, Florida, htreinafter detipnated ~s tM "AAORiGAGEE." WHEREAS tM MORTGAGOR $ jwtly ind~bttd ro ths MORTGAGEE in tFa sum of i 32,3~-00 , good ~nd lav~rful money of the Un~ted Statss advanced by the MORTGAGEE vnto the MORiGAGOR, as evidrnced by a certa~n promiuory r+are af even date herewith, of which ti?e toilowing in wwds and figures is a trw copy, to-wit: ; 32s300.00 ~ 100192$6 fort Pierce. Fia~d.. January 12 19 73 For value received, 1, we cr either of us, promise to pay, without defalcation, to the order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the sum of s 32s~~ • _ w~th interesl irom date at the rate of ~~io pe? a~num, in monthly instalb menrs u fotlows: s 261.00 lOth day of ~y 19 73 snd s Gke sum on the co~re~pond;rg day of exh month there- after until ths whole be fully ~+aid. Each installment first shall be applied in payment of the interesl and then on the unpaid balance of the princ~psl sum. If default is made in tt+e payr.Knt of any iasrallment when due, and such default mntinues 3a days, then at the option of the hotder, and without any other notice, all the remaimng ~nsrallments shall be duc and payabte sl once. Privilege is given to prepsy this note in whole or in parl a1 any time without pe~a~ty. Neither forebearsnte, nof sccept~nce by the holder thereof after any deiault i~ nny payments hereon, shall be deemed extension. A late paymcnt tharge of ; 13•~$, shall be added to each iostallment remainirg unpaid 7 days after iri due date, and a like sum shall be added fo each ~uch ir?statlme~t remsining vnpaid 7 days afte~ each s~cceedirg paymtnt date. fach maker, surery and endoner Ixreof, jointly and severally, waives demand, presentment protesf snd notice of protest for nonpaymenf, and furlher ag~ees to any extension of time of payment, cither before a aftcr maturity, without not~ce to any of us; and to pay all msts of collection, inctuding a reasonable attorney's fea in the evenl of any default hereunder, and hereby teverally wa;ves all benef;t of homestead a~d exemption under the constitution and laws of each State of the United States, as again~t this obligation or any exte~sion or renewal t+ereof, ~ Witness the ha~d and seal of each party. S~ ROIl8,1(~ I.. Cou rtney (SEA~ s Jaccuelyn W. Courtney ~~U 5/ W~lliam L_ SA1 ~P~! (SEAU 5~ _ t_~; s S~ R a; t o., ts~+u { ~ 48 . 45 ) Stste Revenue ~ NOW, THEREFORE, the MORiGAGOR for the purpose of :ecuring payment of said svm of s 32 3~.~ ~ and the pe?formsnce of tM covenants and apreemeots hereinafter expressed, and fw divers good and valuable consideratior?s, by fheu presents, does granl, ba?yai~, sell, remise, retease, convey snd confirm unto the MQRTGAGEE, iri successors and auigns, all that cenain Iot, piece or parcel of land, situate, tyirg, and beinD in fhe Counry of St. LtiCie and State of Fiorida, dewibed ~s fottows: Lot 16 , Block 343, PORT ST. Lt~IE, SECTIAd 24, according to the plat thereof on file in Plat Book 13, Page 31, of the Public Records of St . Luc ie County, Flor ida ; 10 ~x~ . M4 ~ P 1 Of ~ ~J ~ P~~ + ~ ~ A ~ . Q`~?fc~~,~, _ ~ ~ ~ ~ ~ ` s+~ ~ = ~ ~ { ~Lw ~ i f-a' ~LO O + ~~~4Z _ ~FCE1VEp : ~ ~ 'C 1.'1TAM6f ~N PAYyENT pF 3 8tE pE ; • TO (~1ApTER 71-134, ~7~ 19I~ry~ i ~IERK CII~~ ~RT, Ll1C1E ~ C0, ~ ; i S together with all snd si~gular the teneme~ts, hereditsmenb ar+d ~pp~rtances the?evnto belonging w in ~nywise ~ppertaioing there% u~d all rents, iuves, proceeds and profits acvuing ~nd to xaue from ssid premises, sll of which are inclveled in the above and foregoing deuription ~nd habend~?m. TO HAVE AND T HQLD the sbove desvibed ~nd granted premises unto the taid MORiGAGEE, its successors a~d auigns foreva. And tlr sald MORT AGOR for t~ell heirs, executor~, sdminisnators and ats' m, he~e ~dey arQ ~g by covenann with tF~e said MORTGAGEE, in succes~ws and ~ssiprn, shat - Iawfully uized of the said premises in fee simple; th~t the same a~e free, clear and dixharged from all liena ~nd ~ncurt} brances irt law or in equiry, and that they W~~~ a~ their heirs shall wsrranf and defend the title to the ~ame fo the ssid MORTGAGEE, in successors and assigns, fwever sgainst the Iawful claims a~d demands of all persons; - PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissoty note hereinbefae destribed a~d th~tl truly, p~omptly ~ and fuUy perform, diuharge, e:ecute, torrsplete, comply witF~ ~nd ab;de by each and every the stipulations, agreements, co~ditiaq and tovenanb of said promissory note and of this Mortg~ge, then this Mwtgage and the Estate hereby aested shsll ce~se and be null and void. IT IS UNOERSTOpp that tFx wwd "Mortgaga" wFxther in the singular a plural a~ywhere in this Mortgage, ~F+all be sinpulu if on~ only and ~ shatl be p(ural jointly ~nd seve?~Ily ii more thsn one, and that the word "fheir" as vsed anywhere in this Mortp~ge ihall be taken to mean "hi~;' "Mrs," or "its;' wherever the context w implies a sdmits. Also, that wherever there is s reference in the covenants and ayreemenri herein contained to any of j rhe parties F+ereto, the same shell be construed fo mean si wel( as the heirs, legat r~esentatives, tuuessors ~nd auig~ (either voluntary by atl of the ' panies or involuntary by operation of th~.law) of the same and that the covenants herein contai~ed shalt bind and the benefib ~r?d sdv~nfapes inwe i to tF~e respective he'as, Icgal representatives, tuccessors and au~gna of the puties hereto. Md said Mort ~ gsgors, fw themselves and their heirs, legsl rep~esentetives, sutcessors and ~uigns, hereby jointly and sever~lly covenant a~d ~yree ro and with the wid ARORiGAGFf, in sutcessors ind sssigi?s: i 1. To p~y sll ~nd singuf+r tlx principal and interest and the various snd sundry sums of ma?ey payabte by virtue of ~sid promissory note, a~d this i mo?tyage, each and every, promptly on the days respectively the same severafly become due. _ ~ 2. To pay sll ~nd sinpul~r the tsxes, astessmenri, levie~, liabilities, obligations ~nd enc~mbr~nces of every natwe and kind now o~ said dswibed property, or that hereafter rruy be impoted, s~ffe~ed, plxed, levied, or ~uessed thereon, p that I~ereafte~ m~y be levied a auessed upon this Mort¢ ege, or tM indebtedneu sec~~ed hereby, exh and ~very, when due and payable, accordiny to law, before they become delinquent, snd before ~ny i~tereu attaches w any pe~a!ty is inc~rred; AND INSOfAR AS ANY THEREOF IS OF RKORD THF SAME SHAII 8E PROAMILY S/1TISflEp AND OISCHARGED OF RECORD AND THE ORIGINAI OfFICIAI OOCUMENT (SUCH AS, FOR INSTAN~E, TME TAX RECEIPT OR THE SATISFACTtqN PAPER OFfICIAIIY ENDORSEO OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event 1Mt a~~ thereof is not pard, sar'sfied and d'+scha~9ed said MOR7GAGEE may at ~ny timt pay the ume or any psn thereof without w~iving w affectir+g sny option, lieo, equity or •~aht under a by virtue of this mortgage and the full amount of each and every such payment shalt be immediately due ~nd payable and shall besr interest i•om the date thereof until paid at rate of n~ne per centum per snnum and together ~ritfj syt~~ntEre~t sL II ~i~d by tF~e lien of th:s motpt~e. x ~J U ;r~,)~ l.~ ~i V ~ _ , _ - - _ z _ _ ~