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Home My WebLink About1759 tiYD~~~ ~ THIS INOENTURE. Made the 30th day of Janua ry A.D. 19 73 bc?ween Audrey M. Davisl a wido~v ~ , of St . Lucie ~~nty Flwids, hereinaftcr des~9nared as the "MORTGAGOR." and FIRST fEDERAI SAVINGS AND IOAN A$$p~1AT10N OF fORT DIERCE, ~ corpwation org~nized and ex~st~ng under the ~awa of the U~~ted Ststas of America and havin~ iq printipal pi~ce of buw~eu i~ the City of Fwt Piacs, St. lvcie Counfy. Fiorida, hereinafter des~g~ared as tM "MORTGAGEE:' WHEREAS 1he MORTGAGOR is justfy indebted ro tfa.MORTGAGfE in ~he aum of S 16~~~•~~ , good and lawful money of the Un;ted S~ates advanced by the lAOR1GAGEE unto the MORTGAGOR, as evidrncad by a cer~a~n prom~uory note Qi even date herew~th, of wh~ch the following in words and figurrs is a trve copy, to-wit: f 16 ~QOO.00 ~0 10019354 fwt Pierce, Flwida, January 30 ~y ~3 Fo~ value received, we or either of us, prom~se to pay, without defalcation, to the order of fIRST FEOERAL SAVINGS Atvp LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the s~m of S 16~0~•~0 _ r,,;th interest (rom date at the rate of 7'?r~,o prr annum, in mo~thly install- ~neros as follows: j 132.~~_ on the lOLtlday of ~=Ch 1973 and a tike sum on the cwrespond~ng day of each mamh there- afrer ~ntil the whale be fulSy paid. Each installment first shatl be appl~ed in payinent of the interest and then on the unpa~d balance of the princ;pal surr~. aefault is made in the ~;ayment of any instalimant when due, and such default toniinues 30 days, then at the optio~ of the hoider, and without any other notice, all the remaining • ~nstallmenfs shall be due and payable at once_ Priv~lege is give~ to prepay thia note in whote or in part st eny t~me without penalty. Nelther forebearance, nor acceptance by the holder thereof after any defauft in any payments ~ereon, shall be deemed exte~sion. A late ~ayment charge of S 6~ 60 ~a~~ ~ added to each installment remain~ng' unpa~d 7 days after its due date, and s I~ke su~n shall be add~ to each such instaltment remaining ~~paid 7 days after each succeeding payment date. Each maker, surety and endorser hereoE, jointiy and severalty, wa~ves demar.d, presentment protest and norice of protesr for nonpayment, and funher agrees to any extension of t~me of payment, e~ther before o~ a(ter maturuy, without nonce ro any of us; ared ro pay all costs of cotlec~~on, includ;ng a reasonable attorney's fee in the evenr of any defautt hereu~der, and herehy severally waives all benefit of homestead and exemption under the constitvYan ~,~d laws of each Stare of the United States, as aga~nst this obligation oa any extensi~n or renewal hereof. Witness the hand and sea! of each pa~ty. (SEAu _ s/ Audrey bi. Davis, a wrido~EAi~ cseAu ~ s` 24 .00 J State Revenue ~S~ tStaD~DL Caeci~led va arip;,nal..note~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S Z6~0~•~ , and the perfwmance of ti~e covenants and agreeme~~s hereinafter expreased, and for divers goad and va~uable cons:de?ations, by fhese presents, does grant, bargain, sell, remise, release, convey ar+d confirm unto tht MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, tituate, lying, and being in the County of $t• Lucie and State of Fbrida, dcscribed as follows: Lots 2 and 3, Block 24, LAKEWOOD PARK SUBDIVISION, UNIT #~3, as per plat thereof on file in Plat Bdok 10, pages 63 and 64, public records of Saint Lucie County, Flor ida, ~ ~ ~ o~ ~ 00 Nt_~AR,F~~O fRPD A, ` M ~ ~ DfP~YEf~t{IE/ ~ ` ~ ~ v~~E~ ~ t~• I 71 it KY ~ a` pp?E~ i A o ~ ~1 ~.~7 • . ~ 7~ ~ B~ N' EAG '~~P~y~1~,~, c ; Q ~11~oi Si a.:..\ R 1S ~ ` ' R~+f-~~''EO A~S'~ co "fl-~~' S ~ k 0`, G'-TO C`•~AP`~ Pp11M-~lE. z W1~5~ R~'tlDU~j~ s~. f C`~\t # ~ ; ! rogether with all and singular the tenements, hereditaments and appurtance~ thereunto belenging w in anywise appertaining fhereto, and all rents, iuues, j p~oceeds and p~ofits accruing and to accrue fiom said premius, all of which are induded in the above and foregoing dexription and babendum. F TO HAVE AND LOer LD the abo~ie described and granted premises unto the ssid MORTGAGEE, its successors and suigns forever. And ths said } !rORTGA~,'sOR fpr - heirs, executors, adminrstraton a~d assigns, hereby covenants with the said MORTGAGEE, its succeaso~s ~nd auiyro, ' Slie IS 3 ~hat lawfully seized Qi the uid premises in fee s~mple; that the same are free, ctear snd discharged from all liens and Mtum- i brances in law or in equity, and that Sne will and 11e hein shaN warrmt and defend fhe tiHe to the same to the s+id MORTGAGEE, its suctessors and assigns, forever againat the lawful claims and dem~nds of al{ persons; _ ?ROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note heteinbefore desvibed snd ahall truly, promptly and fully perform, discharge, execute, complete, comply with and ab~de by each and every the stip~lations, agreements, twiditions and tovenant~ of said promissory note and of this Morrgage, thcn this Mortgage and the Estate hereby created shall ceax and be null and voi~. ? IT IS UNDERSTOOD thst the wwd "Mortgagor" whether in the singuiar w ptursl anywhere in th~s Mwtgage, shall be singular if one only ~nd : shall be plural jointly and severally if more than one, and that the wwd "their" as used anyvrhere in this Mortgage sFull be faken to mean "his," "hers," ` or "its;' wherever the context so implies ~ admirs. Also, lhaf wherever there is s reference in the covenants and agreements herein tontained to any of rhe parties hereto, the same shall be construed to mean as well as the heirs, legat representative~, successors and assigns (eithe~ voluntary by atl of the - parties or involuntsry by operotion of the faw) of the same and fhat the covenants herein contained shal! bind ind tF~e benef;ts and advantages irwre ~o the respective heirs, legal representatives, successws and a~s~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successws and sssigns, hereby joinNy and severally covens~t and a~ree !o snd with the said MORTGAGEE, its successors and auigns: 1. To pay all and singular thc principal and interest and the various and sundry sums of money payable by virtue of said promiswry note, and thi~ mortgagr, each and every, promptly on fhe days respectively the same severally become due. 2. To psy all and •irguiar the taxes, assessments, lev~es, liab~li:~es, obligations ar.d encumbrances of every nature a:u! kind now on said desc?ibed _ property, or tha? hereafter may be ~mposed, suffered, plxcd, levied, or assesaed thereon, or that herea{ter may be levied or assessed upon this Mortp- - age, or the indebtedness secured i~eroby, exF~ and every, when due and payable, according to law, before they become delinquent, and before any interest ~ a+raches a any penalry is inc~rred; AND INSOFAR AS ANV 1HEREOf IS OF RECORD THE SAME SHAtI BE PRGirtPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGItvA( OFflCIAI DOCUMENT (SUCH A5, fOR INSSANCE. THE iAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAtIY ENDORSED - OR CERTIfIEO) SHAII BE PLACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that any thereof i~ not § pa~d, saYS~ied and discharged sa"d MORTGAGEE may at any t~me pay the same or any part therepf without waiving or a(fecti~g arty option, Iien, equity a •~aht under or by virtue of th;s mo~tgage and the full amo~nt of each and every such payment ihall be immediately due and payable and shall bear infaest i jrom the date thereof until paid at ra+e of ~ine per cent~m per annum a~d together w~th suth imerett sM~ll1~~r~ b~ the ~e,~,of T~:s morgt~ge. ! x , ~ lJ ~Gt ~ / s - ; r~ ' ~ 3,~-i. . - ' - _ . a'~ ~'ku,_..~'"°r~'~'>w9"~'v~ x"~F ~ ..~s.. _ a . , . ' _ - ~ ,_i',~~I