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Home My WebLink About2987 24~803 ~ ~ TNIS INDENTURE. Made the 12t~1 d~Y af FeDruary q,p, ~9 73 between Robert Lyons and Mary L. L}ions, his wife af $t. 1.L1Cle ~p~~M Fiwida, hereina(ter desgnered as ths "MORTGAGOR," and fIRST fEDERAI SAVINGS AND IOAN A$$p~1ATION OF FORT PIERGE, a corporation organ;zed and ex~sting unde~ the laws of the United Statos of Ame~ica and having its principal place of buainess G? tM Gity of Fort P~esce, St. lucie County, Florida, hereinaiter designated as ths " O TG E: WHEREAS the MORTGAGOR ~t ju~tly indebted to tha MORiGAGEE in the aum of S , good a~d lawful money of the Un;ted S+afes ad~anced by the IAORTGAGEE unto the MOkTGAGOR, as evldencrd by a ceriam promissory note of even date hercwuh, of wh~ch the follow~ng in words a~d f" ures is a true copy, to-wir 10019426 s 20~0~'0.00 No F~ P~~.~e, Ftwida, Febrtnry 12, ~y ~9~ • Fw vatue rcceivcd, 1, we w either of us, promise to a, without defalcat;on, fo the ordrr of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOM OF FORI PtERCE at fort Pierce, Florida, the sum of s'2O ~ _ w,th ~ntrrrst from date at the rate of7 ~ 5 90 oe~ annum, in mont;ily insroll- ^enfs as follows: S 162 •~0 en the l~thday o( June ~973 and a like sum on the cwrespond;n~ day of gacn month therr• af~er until the whole be fully paid. ~ ' Each installment first shali be applied in payment of the interest and then on the unpaid balance oi the principal sum. if defa~t~ es mad2 in thr Fayment of any installmeM when due, and suth default c~ntinues 30 days, the~ at the option of the hotder, and withoW any o!?.er notice, all the remaining ~ns~altmeros shall be d~e and payabte at once. Privilege is given to prepay this note in whole or in part at any time without penatty. Neit r faebearaece, nor acceptance by the holder thereof after any deFault io any payments hereon, shall be decmed extension. A Iare payment chargs a/ S~_---~ .l~ shal! be ad~ed to each instalimenf remaining unpa~d 7 days after its due date, and a I~~e sum shall be addrd to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest for rw~payment, and further agrees to any eztension of ti~ne oi payment, either before or after marurity, without not~ce to any of us; and to pay all costs of collection, includ:ng a ~easonable attorney's fee ~n the event of any default hereunder, and hereby severally waives all benefit of homesread and exemption under the constitution ;nd laws of each State of the United States, as against this obligation or any ex~ens~on or renewat hereof. Witnesa the hand and seal of each party. (SEAt) _ s Rober t Lyon s ~sEAu (SEAL) s b1a ry L. Lyon s ~5~~~ ~ j 30.00 ~ state Revenue iSiam(~caoc~lltd ~ orieioal ~wte) NOW, THEREFORE, the MORTGAGOR ior the purpose of securing payment o! said sum of = 2Os~~~•O0 „ end fhe performance of the covenants and agreements hereinafter expressed, and for divers good and valuable cons~derations, by these presents, dces grant, bargain, sell, remise, ~e~ease, convey and confirm unto the MORTGAGEE, its successors and asslgns, all that certain IoL piece or parcel of land, situate, Iying, and being in the c~~~ of St. Lucie h and State of Flwida, dew~bed as follaws: Lots 16, and 17, of Block 48, E3IL."P.NORE PARK, as per plat thereof on file in Plat Book 4, at .~age S2, of the public records of St . I.ucie County, Florida, A ~ QRIDAI o= ~ O M NTARr tANiP tA ~ ~ .1. _ RE,rE1~ ; ~ ~ e~,~ ~ 3 Q O 0 ~ ?~E1VED j c~_ ~N PA1'MENT Of TAXp~ . o ~ 11~02 ' C~SS `C' lNTAlyGiBLE PE tSCi,1L P•. RSUAdlT TO CHApTER 71•]3q, ~is ~ ~R~`i ~ ~fR P'OITRqS lyll. CiEAlI CtR(x!(i ~~~r~ i O~URT, ST. WCIE C0, FlA together with all and singutar the tenements, hereditaments a~d appurfances thereunto belwx~ing or in anywise appertaining iherefo, and aN renb, iss~ei, ~ o~oceeds and profi~s atuuing and to accrue f~om said premises, all of which are included in the above and foregoirg deuription and habtndum. € ; TO HAVE AND TO HpID the above described and granted prem~ses unto the said MORTGAGEE, itt successors and augns forever. And th~ wid , their h50RTGAGOR fw heirs, executors, administrators and assigns, hereby covenants with the said MOR?GAGEE, its s~ccessori and ~siiyro, the a re rhat Y------ la•Hfully se~zed of the said prem~us in fee simple; that the same are free, clear •nd dixharged from •11 liens and encum- brances in law or in equity, and that they W~~~ a~ their he;rs shall warrant and defend the title to the same to the said .MORTGAGEE, its successo~s and assigns, fwever against the lawful claims a~d demands of all pe?sons; PROVIDED, AlWAYS thar iF the MORTGAGOR aha!! pay unto the MORTGAGEE tFx promissory note hereinbefore deuribed and shall truly, promptly and fully perform, d~scharge, execute, complete, comply wi~h and ab~de by each and every the stipulations, sgreements, conditio~s and covenann of said p.omiasory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be rtull and void. ; IT IS UNOERSi00D tha~ the wwd "Mortgagor" whether in the s+~gular o~ plural anywhere in lhis Mortgsge, shall be singu~ar if one only and ' shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "hii;' "hers" or "its," wherever the co~text w implies w admits. Also, that wherever there ia a reference in tMe covenants and agreemenfs herein confained to any of rhe parties hereto, the same shap be construed to mea~ as well as the he~rs, legal representatives, successori snd assigns (either voluntary by ad of the j parties or involuntary by operation of ?he law) of the same and that the covenants herein contained shall bind and the benefits •nd adv~nhges inure E to the rcspective heirs. Iegat represeMatives, sutcessors and asrgns of the parfies he?eta And said Morrgagors, for themselves arrd thei? heirs, legal representatives, successors and assigns, hereby jointly and severally covena~t and agree ro and with the said MORTGAGEE, its svccessors and assig~s: ` 1. To pay all and singulsr fhe principal and interest and the various and sundry sums of mp~ey payable by virtue of said promissory note, and this mortgage, each and every, promptly o~ the days respectively the same severally become due. 2. To pey sll and singular the taze~, asse~sments, levies, liibiliries, obligations and encumbr~nces of every nature and kind now on said dewibed property, a thst hereafter may be ~mpoted, s~ffered, plxed, levied, a auessed thereon, or that hereafter may be levied or assessed upon tha Mort9- a9e, w the indebtedness secured hereby, each and every, when due and psyable, accwding to faw, lxto~e they become delinqueM, end before ~ny interest . atttches a any penslty is incurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED Of ` RECORD AN~ THE ORIGINAL OFFlCIAL DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATI$FACTION PAPfR OfflCiAltY ENDORSEO ` OR CERTtf1ED) SHAII BE PiACED !N iHE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the event that any tlxreof is ~ot paid, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity or ~~qht under or by virtue of this mo~rgage and the futl amount of each and every such payment shall be immediately due and payable and shall besr interest ~~om the date thereof until pa~d at rate of n~ne per centum per annum a~d together vv;th s~th interest shelhb~ s r~if'qq~~~pryt~ `l BGG~!~