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Home My WebLink About2291 /G'3 / a~11 ~(I THIS INQENTURE. N1ad~ ~he 31 St day of Januar y , A.D. 19 73 ~ between _ Jack Crain and Mary LeQ Crair, his wife of St. L{~i@ ~o„~ry Flaida, hereinafter dt~Aat~as the "MORTGAGOR," and FIRST FE~ERAL SAVINGS AtvU IOAN ASSOCIATION Of FORT PIERCE, ~ corporatio~ org~nized and exitting undef the la o1 1}» U~U~d S tas of America and having its principal pl~ce of busineu in ~hs Gity of Fwt Piacs, St. lucie ~ou~ty, flwida, hereinafte~ designaied as tM "MORTGAGE~' WHEREAS tM MURTCiAfiul~ is ~u~~iy IIIO@OiQ(J TO If10 IIIN}ItIVI1VCt in ~~~e s.,c::;;: : 12_dO~.AO ...,a ,.,a ~:,,.~..i ~tip Un~red , -r..-• Srates adranced by ~he MORIGAGEE u~to the MORTGAGOR, as evidenced by a cenain pramissory note of even date he~ew~th, of wh~ch the ~ollow~ng in words and f' urly i~ a trve cOpy, to-wil: ; 12,4dp0.00 10019365 NQ Fort Pierca, Flarida, January 31 19 7~ Fw value receivtd, 1, we or eifher oi us, prom~se ro pay, without defaltation, to the orde~ of FIRST FEDERAL SAVINGS ANQ LCAN ASLOCIATIGN OF ` F02T PIERCE at fort Pierce, Florida, ihe wm of S_ 12 t~~ w~th ~nterest trom date at the rate of ~7s per annum, in moMhly install- :,,en~s as follows: Z 2OZ•~ on 1he l~th day of ~TCtf " ~q_~_ and a like sum on the correspond~ng o~y of each month there- ai~er until the whole be fulfy pa~d. ` Each installment first shall be applied in payment of the interest and then o~ the unpaid balance oi the princ~pal sum. If defa~lt es made in the sra,llments shall~be d eea~td ~anable at once. Pdv,' ult continues 30 days, the~ at fhe opt~on of the holder, and without any other ~oTice, aIi the remain;ng p Y ege is given fo prepay this note in whole or in part af any time without penalty. Neither forebearar.ce, ~ ror acceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge o( S-5' 1Q , shall be _,dded to each insta!lment rema~ning unpa~d 7 days after its due date, and a like sum shall be added to each such insiallment remain~ng unpaid 7 days after each svcceeding payment date. Each maker, surety and endoraer hereof, jaint~y and severally, waives demand, presentment protest and notice of protext for nonpaymenf, and furlher agrees to sny extensio~ of time of paymenf, either before or a(ter maturity, withoul notice to any of us; and to pay all cosis of collection, includ~ng a reasonable attorney's fee in the event of any defauit hereunder, and hereby severa!Iy waives a~l benefit of homestead artd exempeion under the constitution ~~d laws of each $tate of the Unitad States, as against this oblfgation w any extens~on or renewal hereof. Witness the 6and and seal of each party. s/ Jack Crain (SEAI) ~ (SEnI) ~ s/ Marv Lee Crain (SEAI) ( ~ 1'B • ~ ) State Revenue (S+ao~ps.saocdled a? arigiwal.rot~) NOW, 7HEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 1' 2~ 4~ , and fhe performance of the co•+enants and agreements hereinafter expressed, and for divers good and vatuable cons~derations, by these presents, does grent, bargain, sett, rem~se, re:ea:e, convey and cortfirm unfo tF+e~ MORTGAGEE, its successws and ass~gns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of SL• ~'~i@ and State of fb?ida, dewibed as follows: Lot 21, B1ock D, BBNJAMIN HOGG~S ADDI?ION, as per plat thereof on file in Plat Book 1, page 1, of the Public Records of St. Lucie County, Florida : sr S A' OF F(„~,O R I DA ~ Rf~EtYED ;~e ' IN PAYMENT OF TAXES og OOCUMEN?ARY~,, S1AMP TA):' ~F ON CUSS'C' INTAN61BlE PERSO~IAL Pi?Q'ERIYR ~ Qf~?_ Oi REtIfNtlE,, ` PURSlIANT i0 CW1PiER 71-13d. ACTS OF 19)l. ~j~.!'~j' ~ - - i ROGER POITWiS o FES - i'T~ ~ 8. s ~ ~ (~EId( CIRC111T (AURT. Sf. WC1E CO., F1A ~ t 110i ' ~ 0 rogether with all and singular tFx tenements, hereditame~is and appurtsnces thereunto betonging or in anywise appertaining thereto, and all rent~, iuues, oroceeds and prolits atauing and to accrue from said prem~us, all of which are included in the above snd foregoing dexriptan and hsbendum. TO HAVE AND TO HOID the above desaibed and granted prem~ses unto the said MORiGAGEE, its svcceisors and assigns fwever. Md ths ~aid their ti10RTGAGOR fw heirs, executors, administrators and assigns, hereby covenanri with the said MORTGAGEE, ita successors and assiym, that -they_are ~aWf,,,i se~zed of the uid y prem~ses in {ee simple; that the same sre free, clear and dixharged from all lie~s ~nd encum- brances in law or in equity, and that_ t~1Q1/ will and tflQlt heirs sF~all warrant and defend the title to the same to the said !V:ORTGAGEE. irs successors and assigns, forever against the lawfu! c!a"rms and demands of all persoro; PROVlDfD, ALWAYS that 'rf fhe MORTGAGOR sFwll pay unto the MORTGAGEE the promissory rate hereinbefwe desuibed and sh~ll truly, promptly and fully pe~form, d[uharge, e:ecute, comptete, comply with and abide by each and every the stipulations, agreements, conditio~s and covenanb of said prom~ssory ~ote snd of this Mortgage, then this Mortgage and the Estate Fereby created shall cease and be null and void. IT IS UNDERSTOOD that the wwd "Mortgagor" whether in rhe s~~gular a plural anywheie in this Mortgage, shsll be singular if one only and shall be plural jointly snd xverally if more then one, and that the word "their" as used a~ywhcre in th~s N~ortgage ihall be taken to mean "his;' "hen;' or "its;' wF~erever the conteat w implies p admits. Also, that wF~erever there is a reference in the covensnis end agreements herein coniained to any of fhe parties here~o, the ssme thall be co~strued to mean as well as the heirs, legal representatives, successors and auigns (either voluntary by ad of the parties or involuntary by operation ot the law) of the same and that the covenants he~ein co~tained shall bind and t!x benefits and sdvantsges inure ro rhe respettive heirs, legal representatives, successors and ass~grts of tbe parl;es hereto. And said Mortgagors, for flumselves and their heirs, legal representatives, successas and assig~s, hereby jointly and severally covenant snd agree ro and with the said MORTGAGEE, its suctessws and assigns: 1. To pay all and singular the p~incipal and interest snd the various and sundry sums of money payable by virtue of said promisaory note, and thii mo~tgsge, each and every, promptly on the days respectively the same severally become due. 2. To pay +!I and ~irgv!ar the taxes, assesunents, ievies, liabilities, oblga~ions and encumbssnces of every nature and kind now on said dewibed property, w ths~ hereafter may be imposed, suffered, placed, levied, w assessed thereon, a that hereafter may be levied w usesud upon this Mort¢ age, a tF~e indebtedness secured hereby, each and evtry, when dve and payable, according to law, before t}~ey become delinquent, snd before ~ny imere~t a+~aches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPTIY SATISf1E0 AND DISCHARGED OF ~tCORD ANU THE ORIG1tvAl OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR tHE SATISFACTION PA~ER OfFIC1ALLY ENDORSED OR CERIIFlED) SNA1L BE PLACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tF~at any thereof is not pa~d, sat'sfied and diuharged sa'd MORTGAGEE may at any t~me pay ?he tame or any part thereof without waiving or affecting sny option, lien, equity p •~qht under or by virtue of this morrgage and the full amount of each and every such paymen? shall be immediately due and payable snd shal) bear interest i~om the date thereof until pa~d at rate o} n~ne per centum per an~um a~d toge~her w~th such interest shall be secured by the lien of th:s mwgts9e. Zf~OK V PAI."r ~~~0 ~ ~ .~a xw . ~ = ~ _