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Home My WebLink About1002 y . , . ~ . . - • # • . _ ~ . ~~d44y • J' 1 ~''r • ~ ~ THiS INDENIURE, Mad* the 7th day oF aecember A.D. 19 72 bttwee~ t~ John R. Sheller. Jr. and Dorothv G. M. She~ler, his wife of $t• Lucie „ County Ftwida, hereinafter dttgnated as the "A10RTGAGOR," and fIRST fEDEQAI SAVINGS AkD LOAN ~?SSOCtAtION Of FORi PiERGE, • corporation ory~nized and exiuing under tM lawf of fhs United Statas of Ametiu and havinp in principal place of buiineu in tM City of Fort Piace, St, t~cis Cou~ty, Flwida, hereinafter designated ai th~ "MORTGAGEE." WHEREAS tM MORTGAGQR is j~stly indebted to ths MORiGAGEE in the sum of s 2d ~~0~- O~ , good and lawful mo~ey of the tlnited States ~dvanced by the MORTGAGEf unto tM MORTGAGOR, as evidmced by a cata;n p~omissory note of even date herewith, of whlch the following i~ wwds snd figures u• trv~ copy, to-wit: s 24 • ~ , _ . . . ~,~,10019155 - ~ ~ ~ ~ Fort Pi~rc~, florida. ~C~bP.Y 7 19~_ ~ Fa value ~cceived. 1, we ar either of us, promise to pay, withoW defalcerion, to tl+e ordar of fIKST FEDERAI. SAVIf~lGS AM~ lOAN ASSOClAIlON OF FQRT PIERCE at Fort Pierce, Fbrida, the sum of S 24 a~0~ ~ with inrere:t from date at the rate of ~~~96 pe~ annum, in mo~thly instalM ~ memi aa tollows: f 178 on the 1O~ day of ~Y , 19~ and a like sum on the correspond~~ng day of esch month there- aftet until the whole be fully paid. Each installmrnt first shall be applied in payment of the inferest and then on the unpaid balance of the principal wm. If default is msde in tha payment of any installment when due, a~d such defautt continues 30 days, then af the option of the holder, and without any other notice, all the remaininy ;nsqltments s6a11 be due and payabte at once. Privilege is given to prepay tfiis r+ote in whole or in part at sny time without penalty. Neither forebearance. nor aFceptaote by the holder thereof after any default in any payments hereon, shall be deemed exte~sion. A Iste payment charge of ; 8•~, shall be ' ad~ tn~~ath installment remainin~ unpa;d 7 days after its due datc, and a like sum shaU be added to each such installment ~emaining unpsid 7 days ~fter ~ye~~h~teeding paYment date. •.,Each•maker, surey and endorser hereof, jointly and severalty, w~;ves demand, presentment protest a~d notice of protest for nonpayment, and funher agrees to aoy extension of time of payment, either betore or after matu?ity, without notice to any of us; and to pay all cosrs of co!lectiwi, including s reasonable attwr?ey's fee in ~he event of any default- hereunder, •nd hereby severally waives all benetit of homestead and exemption ~nder the conatituYan and laws of each State of the United States, as against this obligation q any extension w renewal hereof. Witness the hand and seal of each party. ~ s/ John R. Sheller. Jr. ~AU ts~?u Dorothv G. r~„ Shellpr ~ $ 36 ~ 00 i State Revenve ~U istsenp~t.r~eelted~en.~o~iS;.sLow.? . FtOW, THEREfORE, the MQQTGAGOR for the purpose of secvring payment of ssid sum of ; 24 ~ ~nd the performsnce of ths covenants and agrcements hereinafter expressed, and for divers good and valuable considerations, by thex presents, does g~ant, barysin, tell, remise, release, convey and confirm unto the MORTGAGEE, its wcceuws and sasigns, atl rhat certain lof, piece or parcel of laad, situats, lying, ar~d being in the County of $t. Lueie snd Srate of florida, dew7bed ~s foJlows: Lot 12, Block 248, POR? ST. LUCIB, S~CTYON 6, as per plat thereof on f ile in Plat Book 12, Pages 36A, 368, 36C and 36D, of the Pub2ic Records of St. Lucie County, Florida ~ . v ~ STA oF OR 1 D A t IN PAYIAffiT Of waa , oZ DOCUM NTARY ,•..4., TAMP TA k ~ ~ ~ ~ ~ p`~n~ ~EPi.OF pE11EN11E - A U R S U A N T T O C t i A P TER 71- 1 3 4. A CTS OF 1~11. ~ ~ ~r - • ~ - ~ ! "'~G ~D i ` TM~ ~r R~~ PQ~~+.~.i KM ~ ~ P~ M,++ ' : 3 6. Q O~ ~ CIERK CIRCUIT COlJRT, Si. Lt)(:IE C0. FUI. o = ;t~0~ ' together with all and singul~r the tenements, hereditamenri and sppurtances thereunro belonging or i~ anywise sppeASining thereto, ~nd aIl rents, iuues, proceeds and profits acauing and to scuue from said premises, alt of which are included in the above and fweyoirg descripYwn ~nd habendum. TO Fl/1VE AND TO HOLD the above described and granted prem;ses unto the ssid MURT6AGEE, i» successors u~d ~uigns forev~r. Md th~ s~id their MORTGAGOR fw heirs, e~cecutws, sdministratas and assigns, hereby covena~ts with the ssid MORTGAGEE, ib successors and ~sti~ro, rhat they aIQ _ ~awiull seized of the said y premises in fee simpte; th~t the same are free, dear ~~d dixhar9ed from sll liens ~nd encum~ i brances in law w in equity, sod that thev W;~~ a~ ttl@ ~ Z bein shall w~rrant and defend the titk to the sams to tM said f MORTGAGEE, in s~ccessors and assigns, forever sgainst the lawful claims and demsnds of ali persons; PROVIDE~, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note he~einbefoie described and sFwU truly, promptly and fully perfam, dixharge, execute, complete, comp{y with and ablde by each and every the stipulaiwns, agreertxnri, conditiau and covenanis of said promissory note and of this Mortgsge, then this Mwtgage and the Estate hereby aeated shall cesse and be nutl and void. fT IS UNDERSTOOD that ~he word "Mortgsgor" whether in the singu(ar d ptural ~nywAero i~ this Mwtg~ge, ~sll be sirpular if one only and ' shall be ptvra! joint)y snd severally if more thsn one, and that the word "t heir" ~s vsed anywhen in th~ Monyaye sh~ll be t~ker~ to mean "his; ••,hers; • or "its;' whe?erer the context to impliq or ~dmits. Also, that wherever there is s reference in the covena~n ~nd agreements herein contained to ~ny of the parties hereto, the samt shall be construed ro mesn ss wel! as the heir~, Ieqs! repreuntstives, successors ~nd assigns (either voluntary by sct of ihe parties or involuMary by opention of the Iaw) of tFx same and that the covenaMS Frorein contained shall bind end the benefiri a~d ~dv~~tsgq in~re to the reipective heirs, kgai representatives, wccesson and au~gns of the puties hereto. And said Mortgsgots, fa tFemse(vei and their heirs, tegsl represenratives, successors and auigns, bereby jointly end xvaally cavenant and ~gree ro ~nd with the iaid MORTGAGEE, its successors and ~uigns: 1. To psy all ~nd sing~lar the principal ~nd interest and the various and sundry sums of money p~y~ble by virtw of said promissory note, and this mortgage, e~ch and every, promptly on the days rapettivefy the same severally become due. 1 2. To p~y all snd ~ingutar the taaa, auessments, tevies, li~bitiries, obl~gatioru ind encvmbances of every naturs and Aind now on ssid described property, or th~t hereaAer may be imposed, svffered, pl~ted, kvied, or ~sseised thereon, or that hereafter ~r.sy ba levied a usessed ~po~ this Mwt¢ age, a the indebted~+eu secured Ixreby, each ~nd every, when due ~nd p~yable, ~ccordinp to taw, befwe they become delinquent, a~d befus any interest attaches or any pe~a!?y i~ incurred; AND INSOFAR AS ANY THEREOF IS Of RKORp THE SAME SHALL BE PROMPiLY SATISFIED AND DISCHARGEO OF REGORD AND THE ORIGIhAI OFFICIAL DOCUMfNT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED OR CERi1F1ED) SHALL BE PLACED IN THE HANDS OF SAiD MORTGAGEE WITHtN TEN DAYS NEXi AFTER PAYMENT; and in the event that any tlxreof is not paid, sst'~fied and dixharged sa:d MORTGAGEE msy ~t any t~me pay the same a any part the~eof without wsiving or affecting ~ny option, tien, equity a •iqht under w by virtve of this mortgage and the fvll smo~nt of each and every svch psyment shail be immediately due a~d psyable and shall bear interes? ~•om the date thereof unYr! paid a? rate of nine pe? cenfum per annum and to$a ~r~h i~~~ setured by the lien of th:• morytaye. a'~UR ' . _ . _ _ Y : a3. 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