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Home My WebLink About1318 24ss~ s ~ THIS lNDENTURE. lNads the 19th day of `J~~s A.D. 19 73 between ~ _ Robert H. Morris and Ruth A. ry~oYi~`is, his w' ~ of c v~.•.rrc e~~n ~nA S~'• ~'i~Ci~ Ca,nty Flw~d~, hereinaf~er deignated as tAO 'Af1UKltiia~sllK.~~ snij iiR:aT fED:~.-.. ,,:t....,,,, N ASSOCIATION Of FORT P(ERCE, a corpwat~on organized and existiRg unde~ the laws of the Uniied S~atas of America and having its principal plsca of 3 businsss in the City of fort Pierte, St. lucie County, flprida, hereinafte? desiy~a~ed ai the "MORTGAGEE:' WHEREAS the MORTGAGOR is juuly indebted to tM MORTGAGEE in the sum of s 1O•~~•~ , good and lawful money of the Un~ted Siates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of e~en date herewith, of wh;ch the followinq in words and figurq is a true copy, to-wit: , s_ lO~t?00.00 No20019304 fort Pierce, Flw~ds, Januarv 19 ~q_~ fw value rece~ved, 1, we or either of us, prom~se to pay, without defalcat~on, to the order of FIRST fEOERAI SAVINGS AMD IOAtV ASSOCIATlON OF fORT PIERCE a! Fo~t Pierce, Florida, the sum of j 10~~~•~ w;fh inre~es? from date at the rate of 7~7~ per annum, in monfhly install- ments as foltaws: j 1 O7 on the 1 Othday of ~rC~ 1973 and a like sum on ~he correspond~ng day of each month therr aher until the whote be (ully paid. Each i~stallment (irst shall be applird in pay~nent of the interest and then on the unpaid ba7ance of the p~inrpal sum. If default is made in the Fayment of any i~stallment whrn due, and such default continues 30 days, then at ihe option of the holde:, and without any othe~ notice, all the remaining ~~~staumtnts snaii i~ u~r e~~u µaye:,:e at ;,...e. i'cl.i:~ye i: y'~r~- t;~c_~ay ;n „~F.•_•~e .u.~ .nv time without ce~altY. Neithe~ faebearance, nor acceptance by the ho',der thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of s S~ 35 , shall be add~d 1o each inslaltment remaining unpa~d 7 days after its due date, and a iiL,e sum shall be addrd to each such insratlment remai~ing unpa~d 7 days after each succeeding payment dafe. Each maker, surety and endorser hereof, jointiy and severally, waives demand, presentmen? protest and nutice of protest for nonpayment, and further agreea to any extension of time of payment, either belore a after matur~ty, without not;ce to any of us; and to pay all cosls of cotteciion, incfud:ng a r~~~sonabte attomey's fee in fhe event of any de(au;t hereundrr, and hereby severally waives all be~efit of homestead and exemption vnder 11?e constitution 3;,d laws of each State of the United States, as against this obiigation or any extens~on or renewal hereof. Witness the hand and aeal of each party. " _s/ Robert H. I?bYris ~aq (SEAI) s/ Ruth A.Morris ~sEAu ~ 15 • 00 ) Srate Revenue ~U -(S+~w~i. ~sww{ki N ~tigirrl.rrb} NOW, THEREfORE, the MORTGAGOR for the purpose of securinq payment of sa~d sum of S 1 ~ and the perfwmar?ce of ths covenants and sgreements hereinafter expre~sed, and for divers good and valuable considerations, by thesa presents, does grant, bargain, se11, remise, rztease, convey and conf~rm unto the MORTGAGEE, its succesw~s and auigns, atl that certa~n iot, piece w parcel of land, situate, lying, and being in the County of $t • j'uCi@ and S~ate of Ftorida, dexribed ~s follows: Rrom the 6,ast bounda.ry of U. S. Hiqhway No. 2 at the intersection of the south boundary of Balsa Road on Plat of L. W. Halbe l.and as in Plat Book 9, at page 18 of the public records of St. Lucie County, Florida, run Southeaaterly along said boundary 50 feet for point of beginning, thence coatinue southeasterly along said boundary 60 feet, thence run east parallel with Ba,lsa Road 300 feet, thence noYthwesterly parallel with U. S. Nighway No. 1 foz 60 feet, thence run west para22e1 ~rith Balsa Ro acl 300 feet to point of beginniag. ~ ~ STAT~ oF FLORIDA ~ o= ~ DOCLMENIARY,~.;~~StAMP TA> ~ L~fOi, OF REYE~iLIf l~ ~ - co - t ' g~y~ ~ o2C'~ C O (N PAYINENT OF TA1(p d = Pd. `;~.;`3'l~ t.~ • ~ 1~. O O ~ DUE 01~1 CLASS'C' IMTANGIBLE PERSONAL P~0?ERIY, o =~~~o~ ' PilRSttIWT TO CHAP'f° 71-13=. ACTS OF lyll. RO.SER POi:~A:, CLERK CIRCUIi COURT. S(. LUCIE CO.. FLA. rogether with a!1 and singula? the tenements, hereditaments and appu~tances thereunto belo~ging o? i~ anywise app~rtaining thereto, and all rent~, iuves, ' proceeds a~d prof~ts acuuing snd to accrue from said premises, all of which are inciuded i~ the above a~d foregoinQ deu~eptio~ and habendum. TO HAVE AND TO HOlO the sbove deuribed aod granted premises unro the asid MORTGAGEE, its successon and auigns forever, And th~ wid MORTGAGOR (or ----~~lt-- heirs, e:etutors, administrators snd auigns, hereby covenants with the ssid MORTGAGEE, its svtcessors ~nd suqro, rhat the aZ@_ )awfully seized of the :aid premises in (ee simple; that the same a~e free, clear and dixharged from all liens and encurtr -Y--- brances in law or in equity, a~d that thev ~,,;,i their heirs shall w~rrant and defend the title to the sama to the ssid MORiGAGEE, its s~ccessors and auigns, forever against the lawful claim~ and demands of slf persons; PROVIDED. AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed and thall truly, promptly and fu1ly perform, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, agreemenfs, conditions and covenants of said promisso.y note and of this hM1ortgage, then this Mortgsge and the Estate hereby created shall cease and be null and void_ IT IS UNDERSTOOD that the wo?d "Mortgagor" whether in the s~ngular w plu?al anywhere in this Mortgage, shall be singular if one only end ahatl be pJurat jointly snd tevare~ly if more than one, and that the wwd "fheir" as uscd snywhere in this Mortgage shsll be faken to mean "hit;' "hen," or "its," wherever the contexr so implies or admits. Alw, that wherever there is a reference in thr covenants and agreements herein contained to any of ~he parties hereto, the same shall be construed to mean as well st the hein, legal rtpresenratives, succe~sors and assigns (either voluntary by act of tM parties or involuntary by operation of the law) of the same and that the covenants herein tontained shall bind and the benefits s.~d advantspes inure ro the respective heirs, legal representatives, successors and aas~gna of the parties hereto. And said Mortgagors, fw themselves and their heirs, legal representatives, succeswrs and assgns, hereby jo;ntJy and severally covenanf and agr.:~ ro and with the said MORTGAGEE, its successors and assgns: 1. To pay all and singvlar the principal and interest and the various and su~dry sums of money payable by virtue of said promiuory note, and thii mortgage, esch and every, promptly on the days respectirely the same severally become due. 2_ To psy sll and singul~r the taxes, assessments, levies, fi~bilit~es, obligations and encumbrsnces of every natwe and kind raw on saed desaibed prope~ty, or tF+a~ hereaffer may be imposed, suffered, pl~ced, levied, or ~uessed thereon, o~ that hereafier may be levied o~ asseued ~pon this Mort¢ age, or tM irKlebtedness secured hereby, each and every, when due and payable, according to law, befwe they become delinque~t, and befwe ~ny interes~ a+taches w any pena(ty is incurred; AND INSOFAR AS AMY 7NEREOF IS OF RECORD TNE SISME SHAIL BE PROMPTIY SATISFIEO AND DISCHARGE7 OF RECORD AND THE ORIGINAL OfFIC1Al DOCUMENI (SUCH AS, FOR IN5IANCE, THE TAX RECEIPT OR TNE SATISfACT1ON PAPER OFFICIALIY ENDORSEO OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGaGEE WtTHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst a~y the~tof is not pa;d, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, eqvity or ~~~ht ~nder w by virtue of this mortgage and the fuli amount of each and every such payment shall be immcdiately due and payable and shall bear intereat ~•om the date thereof until paid at rate of n~ne per centvm per annum and together w~tF~ s~ch interest sh~ be ~~by~~ liy~,qf~h~mor9ta9e. K 1 • _ ~4J.. ~.i l~ 11 3 _ ~`:zp:.~'- . - ' - _ _ _ . sz.