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Home My WebLink About0143 249975 ~ THIS INpENTURE. 1N~ tA. 16th ~y p( W rch ,/1.D. 19 7~ b~twNn . , . Micha~l 1,. Faw1Qr aad Tonda K. Rc~,les, his wi;• of St . LUC~! ~ Cp~~y ~~~~K ~~~Mt~ ~MpRT(3AGOR," +nd fIRST FEDERAL SAVINGS AN~ IOAN ASSOCUTION OF FORT PIERCE, ~ capaatia~ orp~niud ~nd ~xistinp v~ tM I~ws of tM Unit~d S~~tti of Mwiu u~d havkp its prlncipal pl~u of bu~u !n tl~t dty of Fort PiMC~. St. LucA County. FIorW~, lw~in~ha d~siynat~d as th~ " aiT 6~0.00 • WHEREAS tl» MORTGAGOR b jwtly ind~bbd to th~ IfIWRTC~A(iEE in th~ wm of i • . pood and I~wfol mon~y af •~h~ United Stat~s ~dvanced by th~ MORTGAGEE unto the MORTGAGOR, ~s widenced by a cktain promissory nW~ of even date he~evrirh, of wh+ch tM (ollowlnp In 21 bOOw~ ~ ~n~ oopr. to-wit: i ~ • ~ 1~OlQSf,~ rorr Pa.~.. Fto.~d.. March I6 ~9~,._ Fo? value received. 1, we w either of ~s, promis~ to pay, without def~lcation, to the order of F~RST fEDERAI SAVINGS ANB IOAN ASSOCIATION Of FORT PIERCE at Fort Pierte, Fbrida, the wm of s 21 ~~0 with interesl from date at the rats of 7• 7~ per ~~num, in monthty insblF menn u foliows: s~64 on tM l~th d~y of M~ y , 19 ~3 aod a like wm o~ the curespaidinQ d~y of each ma?th therr after untll the whols be fully paid. Fach installmsnt fkst shall be applied in p~yment of ths i~terest +nd tixn on the unpaid bala~ce of the princip~l wm. If de~ault b~en~de in the paymcnt of ~ny inst~llment wFan dw, a~d auch default continues 3p dsys, then at the optan of the holder, and without any other notice, aN the remaininy inautlments shall be dw and p~yabk at once. privileye Fs yive~ to prepay lhis note in whol~ or H+ pa?f at a~y Yune without pen~lty. Neither forebearu~oe, nor acceptance by ths holder thereof after any default in any payments he~eon, shall be deemed extensan. A late payment charge of i.~.~-, shal) be added to e~th itutallmeM remainirg u~sid 7 days afte~ ib dw date, ~nd a like :um shall bs added-to each suth installmant rsmainitg unpaid 7 days ~fter each wcceeding paYment date. ~ Each maker, surety and endorser hereof, jdntly and severaUy, waivea dems~d, preuntmeM protest ~nd notlu of protest fw nonpayment, ~~d further agrees to ~ny extension of time of payment, either befors w after maturiry, without notice to any of us; anti to pay all costs of collection, inclvd~np a reasonable sttwney's fee in the event of ~ny default hereunde?, and hereby severaNy waives a!I benefit of homestesd and exemption ~nder the constitution and laws of each State of the United Stata, ss againsf this obliyation or ~ny eztensan or renewal hereof. ~tness tl+a ha~d and seal of e+ch party. s/ Mict~ael L. Fo~lez ~ ts~au ~ t_~,~. ~2 _QA ) Stats Revenue ~ ?O~~-.-Lt. R~M1Qi (SEAU tS~sn+pranarlkd• vme?i~feai ~t~ . NOW, THEREfORE, the MORTGAGOR for the purpose of secu?irg payment of said sum of ~ 21 • 6~ „ and ths perfarrwnce of th~ ' covenanq and sy~eemenq hc?einafter e~epressed, and for divert 9ood and wlwWe consideratans, by thes~ presents. does gr~nt, barpain, sell. temise, release, oonvey and tonfirm unto the MORTGAGEE, its wcceuors uid ~uipns, all th+t certain lot, piec~ or pucel of land, siwate, lyirg, and Deinp in tha Can+tY of S t. LUC 1@ a~d SNte of Florida, dewibsd as fotbws: Lot 7, Block 33, o! the re-subdivision ot Block 33; ot LAWNWOOD ADDITI~i, to Rort Pierce, as per plat thereof on tile in Pl~t Book 9, page 20, o! the Public Reoords of St. Lucie County, Rlorida, together with the North 8 leet of vacated a21ey adjaceat on South, ~ _ . ~ ~ p~~~r~~ d` A OR ttiD,4 ~ ~r pEliS~jiA~ ~ ~.ac.R AM~ 1AX~ ~~~~s~ ~.~~s~ '~~i ~ ; ~ ~ riMi .'r ~ ~ ~ O f . ~~ySM~ 10 C~~~ RPOSf`~`'t.~?k b~ . o ' ~ t! - ' CIRl~11 ~ d~'L~ ~'~Q together with all uid singulsr the tenements, hereditaments and sppwtances tF~erevnro belonyiny or fn anywise sppertsininy thereto.. u~d all ?ents, issues, procseds snd profin amuinp and to acvue from ssid premites, ~II of which a?e induded in the ~bov~ and fae~oinp dexription ard habendvm. TO HAVE AND TO HOID the ~bove described uid yranted prem~sa unto the ~aid MORTGAGEE, id wocessors and +aipris forever. Md th~ said MORTGAGOR for t~ir hein, e:etuton, sdminutntors and suigns, hereby covananb whh the said MORTGAGEE, its wocessws and ~ssipiu, ~ ~hat ~~3?-~e tawfulty seized of the said premaes in fee aimple; thst the same are free, clear snd disdwr~ed from all Ikns and ancvm- brances in bw or in eqvity, and fhaT they~ i~ t}fe~1i hein shall w~rr~nt and defend ths title to th~ ~ame to th~ saW MORTGAGEE, in succeuors and auiym, faever sgainst the lawful d~ims and demsnds of all penonst PROVIDED, ALWAYS thst if ths MORTGAGOR sMll pay unto the MORTGAGEE tM promissory ~ote hereinbefort described and ahall truty, promptfy and fu(ly perform, dischsr~, execute, complete, complY with and +bide by escF? ir?d every the stipulations, eyreert~enri, conditio~s ~nd ooven~nb of said promissory note ~nd of this Mwtgs~e, then this Mwty+ye and the Estste hersby veated shall ce~se snd be null and void. , tT IS UNOERSTOOD that the word "Mortgsgor" whether in tMe sir~gular a plural anywhere in this Atiortyaye, shall be sirg~lar if o~e only and shsll b~ ptural jointly aod severdly if mwe th~n one, and that the word "tl~eir" as vaed anywhere In tF~a MafyaQe sh~ll be qke~ to mesn "his,•• •'hers;' or "its," wF~erever ths context w impties or admits. Also, that wherever there is a reference in tM coven~nri and ayreemenb herein cont~ined to amr of the pirY~es hereto, ths same thsll bs co~strued to me+~ ~s well ~s fhe hein. Iegal r~presentatives, wccsssors a~d auipro (either volunrary by act o~ th~ parties or involuntary by op~rafion of ths law) of the same and thst the covenann herein contained aMll bind and the bensfib and advu?taqes inw~ ro the respective hein, leyd represe~t~tives, wccesiors snd au~yns of the putiss hereto. " And ssid Mwtysqon, for themselves a~d thcir hein, leyal represe~tstives, sucteuws ~nd saipns, hercby jantly ~nd sevaaNy coven~nt aod spne to and with tM s~id ARORTGAGEE, its succeuors and auiyns: - 1. To pay a!! ar+d singular tM pri~cipal and interest and tFK vaciovs ~nd wndry sums of mon~y psY~ble by virtw of said promissory note, and this mwtpape. ~ach and ewry, promptly on tFN days respectively the s~rne severally become due. 2. To pay all and sirgulu the taxes. ~stesun~r?b, leviet. Ii~biliY~es, obliyaYwro snd arcumbnnces of wery n+hx~ aed kind now on s~id dacr~ed P?aPMY, or th~t l~eah~r nwY b~ impossd, suffs~ed. P~aced, levied, or ~ssessed the~eon, o~ that hsr~ah~r may bt tevied or ssseassd upon thk Mortp~ age, a the indeb~edneu secured herebp sach aed ~very, when due u+d p~y~bk, aaadinp ro law, befa~ tMy become deli~qwm, and b~fat aery i~terest attaches w any penslty is inturred; AN~ INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAL! dE PROAAPAY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAL OfFKIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OffICIAtIY ENOORSEO OR CERTIFIED) SHAU 6E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENI; and in the ewM that any thersof is not paid, ut'sfied ~nd disch~ryed faid MORTGAGEE may a~ iny time psy the aune w any part thereof without waivinp a affectinp any option, lian, tqviry or , ~iqht vnder or by virtut of this rr~o~t9ape snd the full amount of e+ch and every s~ch paymem shall b~ inwnedia~ely due snd p~y~bk i~ fFNII ~N ifNNNt tro,n the d~te thereof ~ntil piid at ~ate of n~n~ p~r esntum pe? a~num aed topetMr w~th ~vch ior f,qR ucv~ed by tF~e lien of th:s morpqp~. 6ooK~~2 ~A~ 143 ~ . ~ _ - - - _ :