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Home My WebLink About1540 246804 ~ THIS INDENTURE, M,de 22nd d.y or January A.~. 19 73_• bNween Billy C. Sapp/and Martha B. Sdpp, his wife ~r. ' of •~.UC~e County Flwid+, hereinai~e? deignatcd ss the "MORTGAGOR;' and fIRST FEOERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corpwation ory~nized a~d existiny under the laws of 1M l~nitat( $t~t~s of Mnerica ~nd luviny itt principa) placs of busineu tn t!w Ciry of Fat Pitas, St. lucFe Cou~ty, Flwids, F~ereinaher desipnated,~~'ttr~"MORTGAGEE." WHEREAS !h~ MORTGAGOR is justly indebted ro the MORTGAGEE in the sum of = 5 s6O0• ~ , good and lawiul money of the Un~ted S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promiuory note of even date herewith, ot whicA ths foilowing in words and figurei is a vue copy, to-wit: s 5,600.00 ~ 10019308 Fort Pierce. Florids, Januazy 22 ~q 73 for value received, 1, we w either of us, prom~se to pay, without defalcat~on, to the order of FIRST fEDERA~ SAVINGS AND IOAN ASSOCiAiION OF ~ FORT PIERCE at Fort Piace, Flor~da, 1he sum of s S~60~• ~ w;fh ~nterest (rom date at the rate of7~ 75% per annum, in mo~thly ins~atl- F 46 00 lOth Ma,rch ments as ~oltows: S • on t{x day of 19 73 and a like sum on the correspond~ng day of each month there- ~ et~er unul the who~e oe ruuy pa~o. _ fach imta!lmen! firs? shal! be applied in payment of the interest and then on the unpaid balance of the printipa) sum. If default is made in the ` Fayment of any instailment when due, and s~ch default coniinves 30 day~, then at fhe optio~ of the ho~der, and without any other nofice, atl ~he Iemainirg ~ ~:,~tat:~~ts shat! tse duc ar.d payab?r at enre. Privil~ge is given ~o paepay th~a nofe in whole w in part at any time without penalry. ~Nlhhw~'forebearance, r,or acceprance by fhe hold_w thereof aflei any deFault ~n any payments hereon, sFull be deemed extension. A tate payment charge of S-~a~~ shall be added to each installment remaining ~npaid 7 days after its due date, and a tike sum ahall be added to each such installrr~nt remaini~g unpaid J days aiter each succeeding payment date. Each maker, surety and endaser hereof, jointly and seve~ally, waives demand, presentment protest and notice of protest fw nonpayment, and furthe~ agrees to any extension of time of payment, either before a after maturity, without notice to any of u3; and to pay all costs of collection, includin~ a ~~~asonable attorney i fee in the event of any default hereurtder, and hereby severatly waives a~l benefit of homeslead and exemption under fhe constitution ` a~~d :aws of each Srate of the United States, as against this obligation or any extension or renewal l~ereof. ~ Witness the ha~d and seal of each party. s/ Bill C. S Sr ~ap ~ cs~?u s Ma ~nu ~ $8.40 ' « ( ~ State Revenue (S?ain'rwwc+ikd «?~iswd rrw). NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of ss~d sum of = 5~6~•~ ~ and the performsnce of tM cove~ants and agreementa hereinaffer expressed, and for divers good and valu~ble conaidnations, by these presents, does grant, baryain, sell, remise, releax, convey ~nd confirm unto the MORTGAGEE, its svccessors and auigns, al! that certain lot, piece or parcel of iand, •ituate, (ying, and being in ths County of $t • LuCie and State of Fbrids, desvibed as fotlows: i Lot 6, Block l, Fort Pierce Highland, Unit +~1, as per plat thereof c on file in Plat Book 10, Page 29, of the Public Records of St. Lucie ~ County, Florida i : ~TA ~ oF FL.,ORIDAI " o StAMP iA>.I ' DOCUl~A£NtARY, R~~yEp G IN PAYMEti? OF ?lIX~S c-z. DEPT_OF REYL':UE .~f 1 pOE~li CUISS'C' IttT?LtiGIBIE PE?~'^'•'L PnC ~R~i, ; ~,y~ Q ~c `D _ ,~+t;':3~~ ~ ~~7• ~ O ~ PURSUIWT i0 CHAPIER 71-13G. 11G(S OF 19~,~,~ l, - ~ o_ P.0. ' ._..I ~ RO~ER POITRJ\S ~ o= ~tt~t CI.ERf( ClRC~IT CWRT~ Si. L11C1E C0. F1~ sogether w7tb all and singular the tenements, hereditaments and appurtances thereunto 6elonging or in ~nywise apperuininp thereto, and all rents, iuues, procecds and profiu accruing and ~o accrue from said premises, all of which are i~cluded in the above and foregoing dewiption and htbendum. TO HAVE AND TO HOID tha above described and granted premises unto the aaid MORTGAGEE, ib svccesson and suigns faever. Md tM said h~ORT GOR for Zh~l~-- heirs, executws, administrators and assigns, hereby covenants with the aaid MORTGAGEE, iri successors ~nd assiyro, rhat ~~Qy a=e-- Iawfult sd:ed of rhe said y premius in fee simple; tliat the same srs free, dear ~~d dixh~rged from ~II liens and encum- brances in law or in equity, and that t~1~ V will snd ths i Y hein ihall warrant and defend the title to the ssme to ths ssid MORTGAGEE, its successors and auigns, fweve~ against the Iswful claims and demends of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p?omissory note hereinbefae described and thaH truly, promptly and fulty periorm, diuharge, execure, complete, comply w;th and abide by each and every the stipulatrons, ~yreertKnt:, conditaM and covenanq o! said prom~swry note and of this Mortgage, then this Mwtgage aod the Estate hereby created shall cesse and be ~ull u?d void. IT IS UNDER5100D th~t the word "Mortgagor" whether in the s~ngular a plural anywhere in this Mortgsge, shal! be si~gular if u~e only and shal) be piursl jointty and severally if more thsn one, and that the wo~d "theii' as used anywhere in this Mortgage shall be takcn to mesn "his," "hen;' or "its;' wherever the context w implies or admits. Aiso, that wherever there is a referente in the covenants and agreements herein tontsined to a~y of the parties hereto, tF~e ssme ahall be construed to me~n ss wel( as the heirs, (egal representatives, successors and assign~ (either vol~ntary by xt of fhs parties or involuntsry by operation of the law) of the same and that the covenants herein contained shall bind and the benefiti sod adv~nt~ges ioure ro the ~espective heirs, legal represe~tatives, successors and su~g~s of the pa?ties hereto. And said Mortgsgors, fw themselves ar+d their heiri, legal representatives, successors snd suigns, hereby joiMty and severally covena~t and syree eo snd witf~ fhe said MORTGAGEE, it~ successois snd assigns: 1. To psy all snd sirgvlar thc pri~cipal and interest and the various and sundry sums of money payabk by virtue of uid promiasory note, ~nd thi~ mwtgsge, esch and every. {xomptly on the dsys respectively the same uver~lly become due. 2. To pay all ~nd ~ingular the tsxes, assessmenri, levie~, liabilities, obligatwns and encumbrances of every nature and kind r?owr on taid dexribed _ p~operfy, or that Frcreafrer may be imposed, svffe~ed, ptaced, levied, w ~ssessed theroon, ot thaf hereafter may be levied or aisessed ~pon this MprtQ~ age, or the indebtedness secured hereby, exh and every, when dve and payable, sccwding to Iaw, before they become delinqueM, ~nd befw~ ~ny interest a!raches or sny penslty is i~curred; AND INSOfAR AS ANY THERfOF IS OF RKORD iHE SAMF SHAtI BE PROMPTLY SATISfIED AND DISCHARGED OF RECORO AND THE ORI61NAl OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISfACTION PAPER OFFICI/1ltY ENDORSE~ ~ OR CERTIFIED) SHAII P.E PLACED IN THE HAN~S Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in the event fhae any thereof is not paid, sar'sfied and d+uharged sa:d MORTGAGEE may at any time pay Ihe same or any parl thaeof withovt wsiving or sffecting ~ny option, lien, equiy a ~~qht ~nde~ a by virtue of this morrgage and the full amount of each snd every such payment shall bt immed;ately due and paysble •nd sf?all besr interest j•om the date fhereof unti( paid at rate of n~ne per centum per ~nnvm and together w~th suc in re xbe x;u~~~t~lien of th:s morytaQe. a~~ ~~U ' ~c~ 3 ~ ~ . - _ ~ , ~:r