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Home My WebLink About1336 246655 G THIS INDENTURE. ~de ~he 24th d,y of _ Janua3Y _ ~,p, ~y 73 ~,WQQ„ Edna S. Deily1 a widow ~1~ ~ i ~ of $t. Lucie ~p~~~y Flarida, hereinaffer desg~ared as fhe "MORTGAGOR;' and FlRST FEDERAI SAVINGS AND IOAN AS$pC1AT10N OF fORT PIERCE, a corpwation ory~nized and existing unda ths laws of fhe U~~ted St+~~s of Americ~ and Mviny in principal pl~c~ of business in tM City of Fwt Piace, St. lucie County, Florid+, he?einaf?er dcs~gnated as the "MORfGAGEE." WMEREAS the MORTGAGOR is justly indebted to tM MORTGAGEE in the sum of =14.40~.00 good ~nd lawfu! money of the Un~ted i States advanced by the MORTGAGEE unto ths MORTGAGOR, as evidenced by a certa~n promissory note of even date herew~th, of wh~ch the followiny in words and figury it a ttuo copy, towif: ~ ~14,400.00 ' ~ 10019325 Fort Pierce, Florida, ,Zanuarv 24 ~q,~_ • for value received, 1, we w either o( us, promise to pay, withoul defalcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIER~E at Fort Pierce, Ftorida, the sum ot s14, 400. ~ r,,;rh ~nterest from date at the ~ate of 7• 7596 per annum, in mon~hly instalb meros as follows: s 119. on the lOLh day of ~rCh lq 73 and a like aum on the cwre~ponding day of each month there- after until the whole be f~lly paid. Each installrnent first shall be applied i~ paymenl of the interest and then o~ t~,e ur.paid balaxe of the princ~pal ~m. If defatrlt is made i~ the payment of any installme~t when dve, and sucl~ default continues 30 days, then at the option of the holder, and without ady other notice, ali the remaining ~nsraltme~is shall be due and payable at o~ce_ Privilega is given to prepay this note in whole or in part at any time withoul penalfy. Neithet (webcarance, nor acceptance by the holder thereof after any defauit i~ any payments hereon, shafl be deemed extension, A late paymenf charge of j S~ 9S ,~a1~ ~ added to each installment remaini~g unpaid 7 dayt after its due date, and a lile sum shal{ be added to each such installment remaining unpaid 7 days after each sucteeding payment date. Each maker, surety and endorser hereof, joinlty and severally, waives demar,d, piexntment protest and notice of protest for nonpayment, and iurther agreea to any extens~an of time of payment, either be(ort w after maturiry, wi~houf nofice to any of us; and to pay all costs of collection, includ~ng e reasonable attwney's fee in the event oF any defauit hereunder, and hereby saverally waives all benefit of homestead and exemption unde~ the tonstitution 3nd laws of each State of the United Stares, as against this obt~gation w any extension or renewal hereof. Witness ttx ha~d and seal of each party. S/ Edna S. Dei ly ~Au (SEAI) (SEAL) $21. 60 is~?U c ~ srar~ a~~~~~ ts amA ~,ar~ptl~+q~k a+a~t NOW, THEREFORE, the MORTGAGOR fw the purpou of sec~rin9 payment of said sum of j 1'4 ~4~.00 snd the performance of the covenants and agrcements he~einafter expressed, a~d for divers good and valunble con~iderations, by tlxu presents, dces grant, bargain, sell, remise, retease, convey and confirm unto the MOR7GACEE, iri suctessors and assigns, ail that certain lot, piete or parcel of Isnd, situate, tying, ~nd beitg in the Covnty of $t . Lucie and Stste of fforida, described as iollows: i The East 65 feet of the West 540 feet of Lot 3~ of MARAVILLA GARDENS SUBDIVISION, Unit No. 1, as per plat thereof on fil e in Plat Book 6, page 55, of the Public Records of St . Luc ie County, Florida, ~ ~ " STA Ff fl~ LORlflA ~ r'- .DOCl~MEt+I ARY StAMP IA Y~. iO LEPT. Of REYE`iUE -~c, _ - ,:.,.r23'73 ~ • ~FNED 2 I. 6 O ~ ~ ° - Z 4~J ` ` 'C Ili/iAM61v ~ ~~SDI'~AL Pa ~ o ~ ~ AY?FB~~ 1 TO CHAPiER )1-134. ACiS OF 1971. ~oc~tr Anr~~us C1F1~ CIRt~JIi GOURT sr. ~uciE oo, fut fcgether with all and singula? the tenements, h~editsments and appurtances thereunto be(onging w in anywise appertaining therefo, and al~ rent~, iuuea, pro~!!'dt and prof~b acauing and to accrue from said premises, aJl of which are included in the a6ove and fo?egang description ~~d hsbendum. ' TO HAYE AND TQ HOtD fhe above described and g~snted premises unto rhe ssid MORTGAGEE, its successon and auigns fweva. Md tFw said MORTGAGOR fpr -~r heirs, executors, admi~istrators and assigns, hereby covenants with the ssid MORTGAGEE, its tvccesson ~nd assipro, rhat -Sh@ 15 ~swfulty seized of the said premius in fee simple; that the ssme are free, clear and dixharged from sll liens ~nd ent~rtr b.ances in I~w o~ in cquity, and that She ,N~~~ hen c~irs shall warrsnt and defend the title to the same to the s~id MORTGAGEE, its successas end auigns, forever against the lawful clsims and demands of al) persons; PR~WDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note h~reinbefwe destribed ~nd shsll truly, promptly and fully perform, diuharge, exet~te, tomplete, comply with and abide by each and every the stipulations, agreements, tonditions and covenanri of ssid promissory ra~e ind of this Mortgage, t}xn this Mwtgage and the Euate heroby aeated shall cease ar+d be nul! +nd void. IT IS UNOERSTOOp that the wwd "Morrgagor" wlxther in the singular or plu?sl snywhero in this Mwtgsge, shall be sinyular if o++e o~ly ~nd shall be plural joimly and severally if more than one, ~~d that the word "their" aa vted anywhere in this Matgage sF?all be t~ken to mean "hia;' "hers;' or "its;' wherever the comext w implies o~ admits. Also, that wherever there is s ~eference in the covenants and agreeme~t~ here'rn cantained to ~ny of 1he parties hereto, the same shall be construed to mean as well ss the he~rs, kgal representatives, successas and sssigm (either voluntary by ut of th~ oarties w involu~tary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits +nd advantages inur~ to the respecfive hei?s, legsl representatives, successon a~d ass~gns of t1ro psnies hereto. And said Moregagors, for themselves and their heirs, legsl rep?esentatives, successors a~d suiyns, hereby jointly and severally covenant and ayree ro snd with the taid MORTGAGEE, iu succeswrs and asiigns: 1. To pay all and singular the principal and i~terest snd ths various and sundry sums of money paysble by virtue of ssid promiuory note, ~nd this mortgage, each s~d every, promptly on ths days respectively the same severally become dve. i : 2. To pay aN and ~ingular the taxes, assessments, lev;es, liabilities, obligations and encumbrances of every nature and kind ~ow on ssid described proQatty, w tf~at hereafter may be imposed, suffereA, plsted, levied, or assessed thereon, a t!?at hereafror m~y be levied or asscued upon this Nbrt¢ age, or the indebtedness aecured hereby, esch a~d every, wFxn due and payable, according to law, befae they become delinquent, and befwe •ny interest artaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROlNP1lY SATISf1E0 AND DISCHARGED OF RECORD AND 7HE ORIGIt~AI OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENOORSFO OR CERTIFIfD) SHALL 8E PIACED IN IHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any 1Fxreof is not . pa~d, satsfied snd diuharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any optio~, liee~, equity or ; ~~qht under w by virtue of this mortgage and the fult amount of each and tvery such payment shal! be immediately due end payable snd sF?ill bear intereft ' <<om ~he d~te thereof until paid at rate of nine per centum per annum a~d together w~th such in{~rq~t secured y the lien of th:s morgt~ye. 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