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Home My WebLink About2476 24~454 . . THIS INDENTURE. ~,~.a. 29th dsy ol January 73 Rrank Rrednan and Alice Rred~?n, h s w e A.~. i9~„ ~~W~~ ot St. T.\1C~e ~ ~p~nry Fiwida, ht~e+nafte? desgnated as the ~MORT(1sAGOR," and FIRSY FEDERAI SAVINGS AND tOAN ASSOCIATION OF fORT PIERCE, a corporation or9anized and existing undr the laws of t~ United St~t~s of Americ~ and having its principal place of ~x+s~neu i~ rhe Ciry of fwt Pieres, St. Luc~e County, floridi, Asreinafter des~gnated as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indebted to tM MORTGAGEE in the sum of s 13 • 6~~ 0~ , good and lawful mo~ey of the Un~ted Sfares idvanced by the MORTGAGEE unto the MORTGAGOR, as evioenced by a certain promiuory note of even date herewith, of wh~ch the following in words and figures is a true copy, to-wit: f_ 13,600.00 10019351 fort Pierce. Fi«~aa, J~?nua?rv 29 ~9_~ For value rectived, I, we or either of us, p~omise to pay, without defa!ca~ion, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Ftorida, the sum of s 13.600•0~ w;th interest from date at the rate of 7~7~ pe? annum, in monthty install- ~~,ems as tol!ows: 3 112 on the i~th day of ~Y , 19~3 and a like sum on the correspond~ng day o( each montA there- e'rer until the whote be fuliy paid. Each insta~iment fiist shal) be app~ied in payment of the interest and then m the unpaid balance of the p?inNpal sum. If defsult is made in the pa~~nent of any instaliment when due, and such defaul~ cont~~ues 30 days, then at the opt~on of the holde?, and without any other notice, atl the remai~ing ~~sfallrrunts shall be due and payable at once. Privilege is given to prepay this rtore in whole or in part at any t~me without penalty. Neither faebearance, nor acceptance by the holder thereof after any deiault in any Nnyments hereon, shall be deemed extension. A ~ate paymero charge of 5-.~-~~_, shall be added to each installment remain~ng unpa~d 7 days after its due date, and a I~ke sum shall be addrd to each such installment remaining unpaid 7 days after ea:h sutceeding payment date. Ench maker, surety and er+dorser hereof, jointly and severaNy, waive~ demand, presenement protest and natice of protest fw nonpayment, and further a rees to ao eztension of time of a rtxnt, either before w afte~ mawrit , without not~ce to an of us; and to ' 9 Y P Y y y pay all costs of collectio~, includ~ng s reasonable attorney's fee i~ the event of any defauit hereunde?, and hereby severatiy warves aH benefit of homestead and exempfion under 1he tonstitution and laws oF each Srate of Ihe United States, as against this obligafion w any eztension w renewal hereof. Witness Ihe hand and s~al of esch party. ~ s/ Rrank Rrednan ~Ai~ ~ ts~r?t) s/ Alice Frednan $ 20.40 cs~`U ~ State Revenue (5r aw~~. rwwliei ~w ~~igi.»I.n~N) NOW, iHEREFORE, the MORTGAGOR fw the purpose of securing payment of saiti sum of j 13 ~ 6~• ~ and the performanca oi ihe covenants and agreements here+nafter e:pressed, and for divers good sr+d valuable conside?ations, by these prese~+ts, does grant, bar9ai~, selt, ~emix, release, convey and confirm unto the MORTGAGEE, its succeswn and auigns, all that certain lot, piete or parcel of land, situate, Iying, e~d beit~g in ths ~ County of $L. I+LtCi@ y and State of Fbrida, dewibed as follows: ; ~ < ~w.. _ _...a. ~ ~ aaaa= ~C f~~ _ ~f Lot 8 and the South 45 feeL of Lot 9, ~ # Block 7, WILBUWE SUBDIVISION, as pex plat thereof on file i + in Plat Book 6, Page 24, of the Public Racords of St. Lucie County, Florida, } ; . a, G IN PAYtAEtCT ~ t11~ S 7A ~ oF F LO F? I D A. ~ aecEn~ c~e~ ~~S ~ lP~~ry~ ~ c y N DOCUNi~NTARY. tAM P i A) ~ pUE oN ~ ~fQ 7~-~~. ~ , sr JEPT. tN RE1fEMllE ~l ~ ~~$1~11Nt TO C~fR pptT~~?S ~ ~ PB. ° rE5-§7~ _ ~ G Q~ ~ ~ ~4~~T OOIJRj• SI. 4 = ~ 1102 ~ ' ~ogether with all and singvlar the tenements, hereditameMS and appurtances thereunto belonging u in anywite appertaining tF?ereto, ~nd all rents, isstres, ~ prp~~f and profits accr~ing and to accrue from said prcmises, all of which are included in the sbove and fwegoing dewiption and h~beod~m. TO HAVE AND 10 HOID the above described and granted premises unto the said MORTGAGEE, its s~ccessws ~nd suiyns forover. Md ths iaid MORTGAGOR for - th~l~---- heirs, eaecutors, administrators and assigns, hereby covenann with tht s~id MORTGAGEE, i» succesf0?s snd auiprq, rhat - th-~?YQ-- lawfutly seized of the said prem~ses in fee s~mple; that the ume are free, clear and dixiurged irom all liens and encum- i orances in law or in equ~ty, and that thev Wi~~ a~ theL heirs sball w~rrant and defend the title to the s~me to tht ssid MORTGAGEE, its s~ccessors and aug~s, forever against the lawful claims and demands of all perso~a; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote haeinbefwe described ~nd sMll truly, promptly and fully pe?form, diuharge, execute, comp{ete, compty with and ab~de by each and every the ~tipulations, agreements, conditions and covenann of said prom~ssory ~ote and ot this Mongage, then this Mortgage and the Estate hereby aeated shall usse and be nul{ and void. IT IS UNDERSTOOD that the wwd "Mwtgagor" wl+ether in the singular w plural anywF~ere in this Mortgage, shall be singular if one only and shall be plunl jointly and severally if more than o~e, and that the wwd "theer" as used snywhere in this Mortgage shall be taken fo mean "bis;' "hen;' ` or "its," whcrevrr the conte~ct w implies or admits. Aiw, thal wherever there is a reference in the covenants and agreements herein contained to any of fhe parties hercto, the same ihall be construed to mean as well as the heirs, legal represeMStives, successon and assigns (either voluntary by act of the parties or involuntary by operation of the lawj of the ~ame and ihat the covenants herein contained shall bind and the benefitt and advantages inure ro the respective heirs, legal repreuntatives, succeuors and au~gns of the p+rties hereto. And :aid Nbrtgsgors, for themselves and their heirt, legal reprexmatives, successors and assigns, hereby jointly a~d severally cove~ant •nd spree ~o and with tF?e said MORTGAGEE, its successors and assigns: 1. To pay alt aod :ingular the principa! and inte?est and 1he variwrs and sundry sums of money payable by virtue of ssid promissory oote, and this mortgsge, e+ch and every, promptly on the days respectively the ssme severally become dve. 2. To p~y all ~nd singular the taxes, assessments, levies, lia~ilities, obligatwns and encumbnncef of every nature and kind now on taid described property, a that F~ereafter may be imposcd, ~uifered, plxed, levied, or asussed thereon, a that fxreafter may be Ir~ied or usessed upon this Mwt¢ age, w the indebtedness secured F~ereby, eaci? and every, when due ~nd psyable, xc~rding to Isw, befue they become delinqueM, and kxfore ~ny interest atraches or any pe~alty is inturred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIED AND D15CHARGED OF RECORD AND THE ORIGlNAL OFF1CIAl DOCUMENT 15UCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENDORSED CR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that eny thereof is nw pa~d, saYSfied and diuharged sa:d MORTGAGEf may at any time pay rhe aame or any pan thereof witFaut waiving or affetting any option, lien, equity p •~aht under or by virtue oi this mortgage and the full amount of each and every such payment shall be immediately dve and payable and shall bear interest ~.om the date thereof until paid at rate of n~ne per cent~m per annum and together with such inte~esj,sl~atl~~yred by th:~ morytaqe. SLCR iv PAbE ~J _ - - - ~ - ~ ~ _ . .