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Home My WebLink About2853 ~4771~ ~ THIS INOENTURE, Mad~ the 12th day of February A.D. 19 73 between Bryant A. Su~aerlin, Jr. and I.inda P. Suaiaerlin, hts wife of St. ~.11C1@ _ Counfy Fiwida, hc~einafter des~gnaied as the "MORTGAGOR," snd FIRST FEOERAI SAVINGS AND IOAN AS$pC1ATION OF FORT PIERCE, ~ corporation oryanizcd and exist~ng u~de~ the laws of the Un~ted Stat~s of America ~nd Mvin~ ib principal plsce of busir?eu in tlw City of Fwt PiNCe, St. tucie Cou~ty, flaids, hcreinafter desiynatcd as the "MORTGAGFE:' WHEREAS the MORTGAGOR is justly indebted ro tM MORTCaAGEE in the sum of S 18~ 800. 00 , good and lawful money o( the Un~ted Srates ~dvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promisswy ~ote of even date hcrewith, of wh~ch the following in Nords snd figures is a trus copy, to-wit: s 18,800.00 ~ 10019417 fort Pierce, florids, Rebruarv 12 19_Z~ Fo? value received, I, we w either of us, p~om~se to pay, w~thout defalcat~on, to the orde? of FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Fbrida, the sum of = 18 8O~• e~.~ w;th inrerest irom date at the rste of7 • 7~ ~~rr annum, in monthly install- ~nents as fol!aws: S 143 on thl day of "~'Y i1 , 19_~_ and a li4e sum on the cwrespond~ng day of each month there- aher until the whote be fully paid. ~ Each installment first ahall 6e applied in payment of ~he interest and then on the unpa~d balance of the princ:pal sum. If detault is made in the ' payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, al~ the remaining ;nsrallments shall be due and payab!e at once. Privilege is given to prepay this note in whole w in part af any time without penalty. Neither fo~ebear~nce, ` nor atceptar.te by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge oi S 7• 1 S sha~~ be i added to each instaltment remaining unpa~d 7 days after its due date, and a like sum shall be addrd to each such installment remaining unpaid 7 days after rach succeeding payment date. Each maktr, surery a~d endorser hereof, jointly and severally, wsives demand, p?esentment protest and notice of protest for nonpayment, and further agrees fo any extension of time of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in tM event of any default hereunder, and he?eby severally waives all benefit of homestead and exemption under the constitutan and laws of each 5tate of ~he U~ited States, as against this obligation w any eztensio~ or renevial hereof. Witness the hand and seal of each party. S/ Bryant A. Summpr 1 in ~_ir ~ (SEAq ' (SEAL) s/ L.inda P. Sumaerlin ~Au l +528•20 ~ State Revenue ti~«wp~ sa~~eY«i.ow pigin.l.wae) t30W, THEREFORE, the MORTGAGOR fot the purpose of securing payment of said sum of S 18 ~8~'~ , snd the performarxa of ths covenants and agreements hereinafter expressed, and fw divers good and val~ablt considerations, by these presents, doc~ grant, bargain, sell, remise, .efease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of Isnd, situate, lying, and being in ths County of St. ~.t1Cie and State of Florida, desvibed as follows: The Bast 40 feet of Lot 37 and the West 40 feet of Lot 36, Block 3, F of WAGNER SUBDIVISION, as pez plat thereof recorded in Plat Book 9, . Page 74, Public Records of St. Lucie County, Rlorida ; i ` ST 'E oF FLORIpA s Lo ' o= Q OOCl1M N1ARY StAMP tA x~ keCF,tYEp -~IN PAYSAEt~?T pp TAXEf ~ REPT.OF RE11fAlYE s f DUE ON CIASS'C' INTAHGIBLE PE~?5J4:1 Pt~R~, ~ ~ ~ ~ K~ o- = riJ ITl~ ~ Z 8. 2 ~ r PURSUAf~Ii TO CWIPTER 71-734. ACTS OF 1971. ~j71 ; . o = ~~~oz = P~' r ' i Roc~r PoiTw~s ClRqllT COURT, Sf. LUCIf 00, FU. ~ 4 z ~ , tcqether with all and singulsr the tenements, Ixreditaments and sppurtances thereunto belonging w in anywiu +ppertaining ihereto, and aD rents, issues, ~ prxeeds and prof~ts accruing and to scvue from said p?emises, all of which are included in tl~e above and foregoing dexription ~nd hsbendum. TO HAVE AND TO HOLD the sbove described and granted premises unto the taid MORTGAGEE, its successors u+d suiyns foreve~. Md t!» ~aid ~ MORTGAC~ R fw thQi! heirs, executors, administrators and assigns, hereby tovenants with the taid MORTGAGEE, its svcceuon and assipro, ~ ~hat - tIIQ~aie - Iawfully seized of the said premise~ in fee simple; that the same sre free, clesr a~d dixharged f~om all liena and tncum- ~ eqvit , and that they M,~~~ a~ their Ixirs shall warrant and defend the title to the ume to tF~e said ~ brances in law or in y ~ MORTCaAGEE, its successors and assgns, forever against the lawful daims and demands of ~II persons; 'f PROVIDED, AlWAYS that if the MORTGAGOR shall pay u~to the MORTGAGEE the promiswry note hereinbefwe dewibed and shall truly, promptly and fuliy perform, dlscharge, execute, complete, comply with and abide by each s~ every the stipulations, agreements, conditions and covenanri of said _ promissory note and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease and be null and woid. IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular w plural snywhere in this Mortgsge, shsll be singular if orx only ~nd shall be plural joiMly and severally if mwe than one, and that the word "their" as used anywhere in this Mortgsge thall be taken to mesn "his;' "hen," or "its;' wherever the context w implies or admits. Also, that wherever there is s refarence in the covensnts and +greements herein contained to any of ; the puties hereto, the ssme thall be construed to mean as well as the heirs, Icgal ~ep~esentatives, successws and assigns (either voluMary by ad of the - parties oi involuotary by operation . of the law) of the same and that the covenants herein contained shall bind and the benefits and advantage~ inure - to the ~espective heiri, legal ~epresentatives, succeuors and au'gns of the parties hereto. And wid Mo~tgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severaily covenant and syree - ~o and with the said MORTGAGEE, its successors snd assigns: - 1. To pay all and singvlsr ttro principal and inteiest and the varfous and sundry sums of money payable by virtue of said promissory note, and thi~ mwtgage, each and every, promptly on the days rapettively the same severally become due. ~ 2. To pay all ~nd singular the taxes, assessments, levies, liabilities, oWigatiwu and encumb~ances of every nature and kind now on isid described - prope?ty, or th~t hereafter may be imposed, suffered, plxed, levied, a assessed thereon, a that hereafter may be levied p~sussed ~pon this Morf¢ age, w the indebtedneu secured hereby, esch and everyr, when d~e and psyable, according to Isw, before they become delinquent, and befwe any interest ;E 3traches w sny penaity is inturred; AND INSOFAR AS ANY THEREOF tS OF RKOR~ THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGIhAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISFACTION PAPER OFFICIALIY ENDORSED 3 OR CERTIFIEU) SHAII BE PIACED ~N THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evem that any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE msy at any time p~y the same or any part lhereof without wsivirg or affetling any optio~, (ien, equiTy or ~+qht under w by virtue of this mortgage and the full amount of each and every svch payment shall be immediately due and payable ~nd shsll bea~ inte~est ~s ~rom the date thereof until paid at rate of n~ne per centum per annum and,. topet r~nr~th wch interest shall be secured by the lien of th:s morgta9e. s ~ . 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