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Home My WebLink About2709 24~621 ~ THIS INOENTURE. Made the 22nd day of 'Janu`'l~y A.D. 1973 between • William L. Pratt and C,rolyn M. Pratt, his w.ife of St. ~.UC1Q County Flwida, hereinafter desiy~~afed as~ the "MORTGAGOR," and fIRSi FEDERAL SAVINGS A~D LOAN ASSOCIATlON OF fORT PIERCE, a corporalion wganized and exis+ing under the laws of Ihe Un~ted S+atas of America and having iti principal place of bus~neu in the City of Fort Pie~ca, St. tucie County, Florida, hereinafter desi9nated as the "MORTGAGEE:' ~Vt1fRER5 ~he MORTGAGOR i~ justly indebted Io the MORTGAGEE in tha sum of S ZO~SOO~~Q____, good and lawfu1 money of the Un:ted Siatts advanced by the MORTGAGEE unto the MORTGAGOR, as eviJrncrd by a certam promisswy note of even date he~ew~th, of wh:ch fhe foflowing in words aod figures is a true topy, to-wit: S 20, 500.00 r,~, 10019319 Fort Pierce, F~aida, January ~2 ~q 73 _ For value received, I, we or either of us, prom;se to pay, wiihout defa'cation, to the order of FtRST FEDERAI SAVINGS AND IORN'ASSOCIATICN Of ~ FORT PIERCE at Fort P~erce, Fbrida, iha sum of S-~a-~~~4----- wrth interest from date at ihe rete of 1~~°o per annum, in munthly i~~stall- ~•~rnn as iol:ows: E 152! o~ 1he lOth day of !1~e 19__73._ and a like sum on the correspond~ng day of each month Iherr t~-' aiter uNil the who!e be fully paid. . Eath install~nent (irst sha~l be appli~d in payment of the inrerest and then on the ~npaid balance of tne princpal sum. If default is made in the ~ a~rnent of any lnitallment when d~e, and such default continues 30 days, lhen at the op~:o~ of the holdzr, and without any other not~ce, all the remain~ng h ~+~srallments shatl be due and payable at once. Privi~ege is given to prepay this note in whole or in part at any t~me without oenalfy. Neither forebearance, ~ nor acceptance b~ the h,;:~^r thereof aftrr any dcfault in any payments hereon, shall be deemed extension. A late payment charge oi S-7!6O shall be +dded to each i istallment remaining unpa~d 7 days after its due date, and a I~i:e sum snall be addzd 1o each such instailment remaining unpaid 7 days after each succeedinc, paym.ent date. ' Eath m~ker, surety and endorser he~eof, jointly and severally, wa~ves deinand, presentment protest and notice of protest for nonpayment, and further v a3rees to any e.+ension of t;me ot payment, either brfore or after matunty, wifhout not~ce to any of us; and to pay atl costs of collectien, indud~ng a ' reesonable attorney's fee in the event of any deiau~t hereundrr, and hereby se~erally wa;ves all beneiit of homestead and exemption under the conatitution y ~:~d laws of each State of the United Sfa~es, as aga~nsl this obi~gation w any euension or renewal hereof. ~ Witness the hand and seal of each party. ~ s/ Willia?m L. Pratt tsent) (SEAL) ~ s/ Carolvn M. Pratt csfni) 4 $3U.7S (SEAU i--- ) Stare Revenue t5rww~raw~eileJ~ow~owgin~i.wo~e) NO'~Y, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 20~5~•~~ ~ and the performance of 1he covenants a~d agreemenrs hereinafter exp•essed, and for divers good and valuable considerations, by these presents, dces grant, bargain, sell, remise, r,.~!eaie, convey and confirm unto Ihe MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the Counry of St. Lucie and State of Flo~~de, desuibed as follows: Lot 13, Block 258, Port St. Lucie, Section 24, as per plat thereof on file in Plat Book 13, Pages 31; 31A-31C, of the Public Records of St. Lucie County, Florida ~ f I ! r STAT~ OF , ~ e= nocuMENIARY,~~I'~RID~'i I : ~ ~ r , ~ ~ uEPi. OF RFyE~y~ . ; tA M P t yr ti ~ a a ` F~t+-S'T3 t R~E111ED IN PAYMEP(i OF TAXES ~ ~ ~ ~0. ~ ' ~ ~ O. T ~ , p~E pN CLAS~ 'C INTANG18lE PERS~`+AL PAWER(Y. ° d P ~ h ~ pOR$t11WT TO CHAPTE R 7 1- 1 3 4. A CTS OF ly 1. J~~ y ROGER POITiL1:, 4 CL.ER1( CIRCUIT COl1RT, St. LUC1E CO., fUt. ~ ~ ~ ~ rogether with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appe?taining thereto, and all rents, issues, ~ proceeds and profits accruing and to accrue trom said premises, all of which are included in the above and fwegoing description and habendum. ~ TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And fhe s+id ~ their ~4 !.10RTGAGOR for heus, executors, administrators and assigns, hereby covensnts with the said MOR~GAGEE, its succeasors and aifipns, ~ fhat - Lhe~ ar e__ iawf„uy se+zed of the said prem~ses in fee simple; that the same are free, dear and discharged fran all liens and encum- ~ ~rances in I~w or in equity, and that they W~~~ a~ their heirs shall warrant and defe~d the title to the same to the ssid ' MORTGAGEF, its successors and assigns, forever against the lawful claims and demands of all persons; ~ ~FOVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly and fully perform, d~scharge, e~ecute, comptete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cesse and be null and vo~d. IT IS UNOERSTOOD that the word "Mortgagoi' whether in the s~ngular or plural anywhere in this JNortgage, shall be singular if one only and _ shall be plural jointly and xverally if more ihan one, and that the word "their" as used anywhere in this Mortgsge shall be taken to mean "his;' "hers" ~ or "its," wherever the context w implies or admits. Alw, that wherever there is a relerence in the covenants and ag?eements herein tontained to any of rhe parties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successws and ass~gns (either voluntsry by ~ct of the oarties or involuntary by operation of the law) of ?he same and that the covenants herein contained shall bind and the benefits and adrantages inure ro the respective heirs, legal representatives, successors and ass~gns oi the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ro and with the said MORTGAGEE, iq successors and assigns: - 1. To pay all and singular the printipal and interesl and the various and sundry sums of money payable by virtue of said promissory note, and• thi• mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all snd singular the taxes, assessments, levies, liabilities, obligations a~d encumbrances of every nature snd kind now on said destribed property, or that he~eafter may be imposed, suffered, placed, levied, o~ assessed thereon, d that hereafter may be levied ot essessed upon this Nbrtg- age, or the indebtedness sccured hereby, each and every, when due md payable, accwding to law, befwe they become delinqueM, end befwe eny iaterest arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALI BE PROMPTLY $ATISfIEU A~1D DISCHARGED OF RECORD AND iHE ORIGIr:AL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED ~a,.~; OR CERTIFlED) SHALI BE PlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and i~ the event fhat any lhereof is not pa;d, sat"sfied and discharged sa:d MORTGAGEE may at any t~me pay the same a any part thereof without waiving or affecting any option, lien, equify w •~~ht under or by virtue of this morrgage and the fvll amo~nt of each and every such payment shall be immediately due and payable and shall bear interest r"~ jrom the date thereof until pa~d ar rate of n~ne per centvm per annum and together w~rh wch interest shall be ec r b the lien of th"s morgtaye. ~ SO~r~~~ ? ! r~~ ~~qPp ' _ ~ _ _ _ :.~.'Ay'~. 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