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Home My WebLink About1534 246801 . , iHIS iNDENTURE, Macl~ tA~- ~ 22rid day of Janu~~l A.D. 19~., betwea? _ I~aipb A. ~~nnir~gs ana ,~~~,neiie B. .~enr~~,o~~isis ~~i~ of $t • LYCi@ County ftwida, hereinafler des'p nated as the "MORTGAGOR;' snd FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • mrpor~tion orga~ised a~d ex~sting unda thi (awt of the {N~Ned St~t~s_of Mxrics and havinp its principal plscs of buHneia irt the City of Fort pi~ru, St. Luci~ County, Florida, hereinafter desig~ated as the "MORTGAGEE." WHEREAS the MORTGAGOR a justly indebted to tha MORTGAGEE in ths sum of Z ila8~•~ , good and lawful money of the Un~ted States advanced by the MORTGAGEE unto 1hs MORTGAGOR, as evidenced by a certair promisswy nofs of even date herewith, of whith fhs following In words •nd figures it a true copy, to-wit: : 11 . . ~ No-~Q~~O Fort Pimce. Florida. -`~anL~'ry 2Z 19 73 Fa value received, 1, we or e~ther. of us, promise to pay, without defalcat~on, to the order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Florida, the sum of S 11+8~.0~ w;th ineerest from date at the rate of 7~ 7.~Yo per annum, in mo~thly instalt- menta as follows: S 97 on the Z~th day of ~rCh ,~q 73 and a like sum on the correspond~n9 day of eath moruh therr atfC! Yf~i1t iilC wi~v~0 uc i~:i~ ~.v. . Each installmeM first shatl be applied in payment of the i~terest and then on the unpaid balance of the p~inupal sum. If default is made i~ fhe payment of any installment when due, and such default conf~nues 30 days, then at the option of 1he holder, and without any other not~ce, all the remaininQ :.^.z`a!!:r.ants sha!! ~e d~e a~d ~yahli. at once_ Privilege is given to p~epay this note in whole or in part at any time without penalty, Neithe~ fwebearanc~, nur acceptance by the holder theieof after any defaul! in a~y payments hereon, shall be deemed extension. A late payment charge of S 4~ ,8~ shall be added to each installment remaining unpa~d 7 days after iri due date, and a like aum shall be added to each such instaflment ramainin9 unpaid 7 days aiter rach succeeding payment date. Eath maker, surety and endorser hereof, 'pintly and severally, waivea demand, presentment protest and ~otice of protest for nonpayment, and further agrees to sny extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, i~tluding a rc•asonabk attorney's fee in the event of any defautt hereunder, and hereby seve~afly waives atl bertefif of homesread and exemption under the con~titution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. W~tness the hand and seal of each party, s/ Raiph A. Jennincyg ~AU cs~?~) ~?u ,S` 17.70 sl Je~nette. A_ ~,nnin~a ~qu ( ~ State Revenue NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of sacd sum of = 11}$~Q.f,~-,, and ~he p~hamsMe of ths covenants and agreements hereinafter expressed, and fw divers good and v~lusble considerations, by theie presents, does grant, baryain, sell, remise, rzleax, tonvey and confirm unto the MORiGAGEE, its successors and assigr.s, all that certain lot, piece p pucel of iand, situate, lying, aod being in Ihe Couny of St. LUCie and State of Flw~da, described e~ follows: Lot l, Block 7, LAKSM10nD PARK, U~QT NO. 1, as per plat thereof on file in Plat Book 10, Pages 51, 51-A, 51-B, and 51-C~ of the Public Records of St. Lucie County, Rlorida, STA E aF F'L~ORIDA~ . ~ pOCUMENTARY~:^:~_ TA~M+ T l~. > ~ a. DEr1. (~i REYENtlE~i' ~ ~ ~ ~ - - • t - = . ~ 1 T. 101 ° = f~ ^ ~.~4; ! RECEIYED ; ~ 3 ~-~G _ IN P~Y~~FMT OF TAXES ~ !i~~~2 , ° Di1E aH CU1SS 'C' IH;A?1GISlE P: ~i ?~O~E:t1Y. PURSUiWT TO CH.1P'E° 71-134. /1CTS OF lb)1. ROGER POITiiAS CIERJ( ClRf~IIT COURT~ ST. LUCIE C0. FUl ~ r ethe~ with ail and si ulsr the tenements, hereditaments and a ; og ~g ppurtances thcreunto belonging a in a~ywise appertaining therefo, ~nd sll rmts, iuues, p~oceeds snd profits accruing and to accrue from said premises, all of which are ir?cluded in the above and foregoir~g desuiptan and halxndum. i TO HAVE AND TO HOID the above deuribed and granted premises unto the said MORiGAGEE, its iuccesson ~nd a:sigru lorever, Md tM sakl MORTGAGOR for their executws, administrators and atsigns, hereby covenanri with ihe said MORTGAGEE, iri successws and astiyra, rhat --s~y aIe - lawfully se~zed of the :aid premises in fte ~imple; lhat ths sams sre fres, cle~r and dixharged from all lieru and encum- brances in law or in equity, and that thev thei r heirs shetl warraM and defend the title to the seme to tM said MORTGAGEE, iri successws and assigns, forever against the lawful claims and demands of all persons;. PROVIDE~, AlWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed +nd sMll truly, promptly and fully perform, diuharge, execute, complete, comply wirh and abide by each and every the stipulations, agrecments, conditions and covenanh of said promisswy note and of this Mortgage, then this /Nortgage and the Estate hereby aeated shsll ceaie and be ~ull snd void. . IT IS UNDERSTOOD thst the word "Mortgagor" whether in the singula~ w plural ~nywhere in this Mortgage, shall be sirg~lar if one only and shall be plural jointly and severally if mwe than orx, and that the word "their" as used anywhere in this Mortgsge shaU be taken to mean "his;' "hen," or "its," wherever tl~e context w implies or admits. Also, that wF~erever there is a reference i~ tFx covensnts ~nd agreementi herein confained to any of ihe partie~ hereto, the ssme shall be construed to mesn aa well u the heirs, legal represeMatives, tuccesson and aasigns (either volunrary by acf of the ' parries or involuntary by operation of the Iaw) of the ssme and that the covenants herein to~tained thall bind and tF~e bc~efitt and adrsntsges inure ro the respedive heirs, legal rcpresentativcs, wccessors and su~gns of the pa?ties hereto. And said Mwtgsgors, fw themsetves and their heirs, legal representafives, successors and auigns, hereby jointly and severatly covenant and spree to and with the iaid MORTGAGEE, irs svccesson and assigns: 1. To pay ell and iingulsr the princ;pal and interest snd the various and sundry sums of money payabte by virtue of said promissory note, ~nd this mortgsge, each and every, promptly on the days respectively the same severally become due. 2. To p~y ~II ~nd tingvlar the taxes, ssse:sments, levies, li~biliries, obligations snd encumbrances of every nature end kind raw on said deuribed j property, w that hereafter may be impc~ed, wffered, plated, levird, or issessed thereon, a thst hcreafter may be levied a assessed upon this A6ort¢ age, w the indebtedness setured hereby, each and every, when due and payable, stcwding to I+w, before they become delinquent, ~nd before amr interp~ atraches or any penatty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THF SAMf SHAt! 8E PROJNPiLY SATlSflED AND OISCHARGED OF RECORD ANU THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIAItY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE NANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any tt~ereof is not paid, sat'sfied snd discharged sa:d MORTGAGEE may at any time psy the same or any pa?t thereof without waiving or affetling ~ny option, lien, equity p •~pht under w by virtue of this mortgage and the full amount of each and every such payment shall 6e immediately due and psyable and shsll bear interest ~~om the date thereof ~ntil paid at rale of nine per centum per annum and together w~ti~ such interest shalOb# s~j y th~ li~~}{y~r~p~lsye_ °:~K 1..~ i':,r. • a~~ , h ~ -~"`•G- ' ' ':T - . - ~ 1 Y ' . . . . . ~ . . ~ .._.r.a,.3