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Home My WebLink About2849 ~ r ~ 24'7'710 THIS INDENTURE, AA~ds ~n~ 7th d+y of February ! qp. ~q 73 ~,W~„ _ David E Smith and Qenise B.,~Smith, his wife of St. Lucie ~p~~~y Florid~, hereinafter desgnatrd as ~he "MORTGAGOR;' ~nd FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, ~ corporotion ay~nizcd and exis~ing unda the la,~n of the U~ited Statts of America and having iti principal place of buiinsss in ths City oi Fort Pi~rce, St. lucie Couny, Fluida, hereinafter designated as ths "MORiGAGEE.° ; WHEREAS tM MORTGAGOR it justly Indebted ro the MORTGAGEE in the sum of S 7~ 3~' ~ , good and lawfu! money of the Un:ted ~ S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evSdenced by a certa~n promiasory note of even date herew~th, of which the following in • i wo~ 7~ 30a.~e~~s a~~~?e coPy, to-W~r ~ 11000028 s ~ r:e.~e, Flwida, February 7, 1973 19 Fw valuc received, I, we w either of us, promise to pay, without defalcarion, to the order of FIRST FEDERAL SAVINGSr~ AND LOAN ASSOCIATION OF FORT PIERCE al Fwt Pierte, Florida, the sum of s y7~~ 3O~ • ~ w;th intere t from date a1 the rate of 7' 79or per annum, in monthly install- ~ r,~emi at fotlows: = 69 on the l~t'tlay of March ~9 7~ arxl a like sum on the correspond~ng day of each month there- ` after until the whole be fully paid. Each installment first shall be applied in payment of the it~terest and then o~ the unpa~d balance of the prindpal sum. If default is made in the ~ paymenf of any insrallment when due, and such default continuea 30 days, then at tha optio~ of tha holder, and without any other notice, ail the remaining :nstallmen?s shall br due and payable at once. Privilege is given to prepay lhis nore in whole or in part at any time without penalry. Neither forebearance, no. acceptance by the hotder thereof after any default in any payments hereon, shall be deemed ex~ension. A late payment charge of S 3• 45 shall be added to each installment remaining unpaid 7 days after its due date, and a ~ike sum shall be added to each such installment remaining unpaid 7 days after each sutteeding payment date. Each maker, surety and endorser hereof, jantly and severally, waives demand, presentment protest and notice of protest for rwnpayment, and further agrees 1o any exfension of time of payment, either beiore w after maturity, without notice to any of us; and to pay all costs of collect+on, indud:ng a r~asonable attorney's fee in the event of any defauEt hereunder, and hereby severally waives a~l benefit of homestead and exemption under the constitut'an a~~d lawa of each S~ate of the United States, as against this obligation w any eztension w re~ewal hereof. Witness the hand and seal oS each party. ~ S/ David B. Smith (SEAI) (SEAt) S Deni se B. ~1 t (SEAI) $10 . 95 csenu c~C+~Ed6~ii NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of S 7~30~• ~0 , and the perfwmance of the covena~ts and agreements hereinafter expressed, and fw divers good and valuable considerations, by theu presents, does grant, bargain, tel:, remise, release, convey and confirm unto the MORTGAGEE, its :uccessors and assigns, all that certain lot, piece w parcel of land, situate, (ying, and being in the County of $t . Lucie and State of Florida, desc?ibed as follows: Lut 5, Block 3, RLEETWOOD ACRBS, according to the plat thereof as recorded in Plat Book 10, at page 78, of the public records of St. Lucie County, Florida. ~ , ~ o~Q°A-~ ; v~ ~'s~AN` 1 ; ~ ~,~t' ~p ~ .-~w~~. . 5 ~ a _ 9 ~?EK ~1~ ~ ; cv ~ ~N ~ ° ~vt. ~ ~~~+Y» ; ~ r ~ o ~ ~~~02 ` ~ R~EIYED IN PAYMENT Of TAXES ~ A'" o DIIE ON CUISS 'C IMTANGIBIE PERSO'i4l PQOPfRI~, 3 PURSUANf TO CIIAPTER 71-134..ACTS OF 19)1. ~ ROGER POITRAS ~~l ~ CLERK CIRqIIT 00llRT, ST. Ll1CIE C0, F111. ~ ~ € ~ ~ ~ together witi? all and singular th- tenements, hereditamcnts and appurtances thereunto btlonging or in anywiie ~pperfsining thereto, and all rents, iuves, ~ procteds and profits sccruing and ro scaue from said premixs, all of which are included in 1Fx above and foregoing dexription and hsbendum. ~ TO HAVE AND Tp HpID the above desuibed snd granted premises unto the said MORTGAGEE, its successon and suiyns forevet. And ths said ` MORTGA R for - thel r____ executws, administrators and assigns, hereby covenanb with the ssid MORTGAGEE, in succeuors ~nd auiqna, ~ t~e a re ~ rhat - -Y-- lawfu!!y set~deof the said premise~tiei r'~"'P~°; that the ssme are free, clear ~nd dixhsrged from all liena and encurt?~ ~ brantes in Iaw or in equity, and that y will and t~ein iball wurant and defend the title to the same to the i+id - MORTGAGEE, iri successors and auigns, fwever against the lawful claims and demands of all ptrwns; PROVIDED, ALWAYS that if the MORTGA(iOR shall pay u~to the MORTGAGEE the promiuory note he~einbefore described and shsll truly, p~omptly ~ and fully perfwm, d~scharge, execute, complete, comply with and abide by each snd every the stipvlations, agreements, conditions and covenants of said ' promissory rate and of this Mortgage, then this Matgage and the Estate hereby ueated shall cesse and be null and void. IT IS UNDERSTOOD that the word "Mwtgsgor" whether in the singular or plural anywhere in this Mortgsge, shall be singula~ if one only and ; shall be p~ural jointly snd seve?ally if rtwrc thsn one, and that the word "1F~eir" ss vud anywhere in this Mortgage shall be taken to mean "his;' "hen," or "its;' wherever the context w implia w admits. Also, that whe~ever there is a reference in the covenants and ~greementt Fxrein contsuxtl to any of „ rhe parties hereto, fhe same shall be construed to mean as well as the heirs, legsl representatives, iuccesson and assgns (either voluntary by aq of fhe ~ parties or involuMary by operotion of the law) of the same and that the covenants herein contained ~hall bind and tFro benefits and sdvantages inure , +o the respective heirs, legal represematives, successors and ass~gns of the part~es hereto. ~ And said Nb?tgagors, for themselvd and their heirs, legal representatives, successors and assig~s, hereby jointly aod severally covenaM and ayree - ro and with the said MORTGAGEE, its successors and assigns: - 1. To pay sll and sirgul+r the principal and interest and the various and sundry sums of rta~ey payable by virtue of iaid prom~ssory ~ote, snd this _ mortgsge, each and every, promptly on the days respectively the same several~y become due. ~r 2. To pay +II and singulsr the taxes, assessments, levies, liabilities, oWigatiens ~nd encumbrsnces of every ~awre and kind now o~ said described t properfy, w that hereafter may be imposed, wffered, placed, levied, w asses~ed thereon, a that hereafter may be levied o? essested upon fhis Mortg- age, w the indebtedness secured hereby, each and every, when due s~d payable, ateording to law, before they become delinquent, and before ~ny interest arraches a any penaby is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORU ~HE SAME SHAIL 8E PROMPTIY SAIISf1ED AN~ DISCHARGED OF ~ RECORU AND THE ORIGIhAI OfFIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, TNE ~X RECEIPT OR THE SATISFACTION PAPER OFFIC~jAItY ENDORSED '"i OR CERTIFIED) SHALL BE PLACED IN THE HAND$ OF SAID MORTGAGEE WITHIN :EN OAYS NEXT AFTER PAYMENT; a~d in the event that ~ny thereof is not pa~d, sat'sfied aod diuharged sa:d MORTGAGEE may at any time pay the same or any Fart thereof withovt waiving ot sHecting any opti0o, lien, equity q •~qht under or by virWe of this mortgage snd the fuil amo~nt of each and every such payment shalt be immediately due and payable and shall bear interest = ~rom the date thereof until paid at rare of n~ne pe~ centum per annum and together w~th such inter~t~h cu~ed b~tFj~ I~n of th:s morgta9e. ~ Cn~1r~~~J ~ ~ ~ j ~ - _ ~ Y ~ ~.'rr..-- 2 2,~ ~"2