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Home My WebLink About0386 ~ ~ ~ THIS IN~ENTURE, Nl~d~ Q+~ a 1 S t d~y pf M+ rC h ~ ^ A.D. 19.~..,.,, Mtwt~n ~ r•'~ ~ 1 . W 11 a~ H. Nughes atnd Ann C. Hughes his w fe of SL• LuC @ Cpu~M Flo~id~~ F?~~;MfNt d~sipnated ~t th~ "MORTGAGOR." ~nd FIRST•FEDERAt SAVINGS ANp IOAN !?SSOCIA?ION OF fORT PIERCE, a corpaatton oryaniud and ~xiuinp unda ~M laws of tM Unit~d Statp of AmKica ~~d Mvi~+p Ih pie~cipal ptac~ of busin~s in tM CUy of !on Piac~, St. lud~ fo~ery, florida, her~inahu da+priat~d as tM "MORTGAGEE." WHFRF/15 th~ MORTGAGOR is jwtly tr~W~d to th~ MORTGAGEE in tM sum of s 13 • 2~ . pood ~nd tawful money of the United S~stes advaoced by the MORTGAGEE unto the MORTGAGOR, ia evideixed by • certa~~ promiawry ~o~s of even date herewith, oi v~rhich ths talbw4~ in words ~~d figuas is a ~~w copY. ~o-wit: - = 13. 200.00 . nr, 1~A19 So Fon P~~?n, c~«~d., March 21 »?3 Fw value ~eceived, 1, we w either of us, prom~ss to pay, without defalcation, to tha order of FIRST FEDERAt SAVINGS AND IOAN A.~`SOCIATION OF FORT PIERCE at Forf Pierce, Flwida, the ium of = l~ 2~.~0 with interest from date at the rste oi 7•~~f, pe? ennum, in awnthly_ i1~s1a1:- ments ss foilows: = 1~ on the l~th~y of M~.~?, 19 73 a~d a like sum on the cwreipw~dirg day qf each month ~ere- afta until the whole be fully paid. ,n.:E.,,,.. Each installmenf first shall bs applied in payment of tF~s interest and then on the u~paid balsnce of the prindpsl sum. If defsult is msde in ths payment of a~y installment whm dve, and such defa~lt continues 30 days, thm at the option of the holder, and without any othet notice, ali tM remaining ~nstallme~ts shall be due arxi payable at once. Privilege is give~ to prepsY thia nota in whole w io parf at any time without penslfy. Neither forebearante, nor atteptance by the Fatder theraof after any deFault in any payments hereort, shall be decmed extsnsion. A late payment charge of S S• 45 iMll be added to each installment remain;ng unpa~d 7 days afte? iri due date, snd s like sum shall be added to each such inataltment remaining unpaid 7 days afte? each wcceeding payment date. E~th maka, surery and endwse? hcreof, joimly and sever~Ny, waives demand, presentment protest aod notice of protest for nonpaymenf, and fuRher agrees to any extension of t~me of paymcnt, either before o~ after maturity, without notice to any of us; and to psy all costs of collection, including a reasonabk attorney's fee i~ the event oF any default hereunder, and hereby severally waives all benefit of homestead and ezemption under the coostitution and laws of each Srate of rhe United States, as against this obligation or any extension or renewal hereof. ~tness the hand and s~ai of each party. s/ William H. Nughes ~y t~?U tSEA~ 80 s Ann C. Hughes ~ ~ $19 . ~ state Revanve t~?ampr e~l+ee o~r ~nyn~a+-t,oRr ~ 13 200.00 NOW, THEREFORE, the MORTGAGOR fw the purpose of securing paymcr~t of ssid wm of ~ ~ and the performance of tM coven~nts and agreements hereinafte~ expreased, and for diven good and wluable consideraYans, by these presenri, dces grant, bar9ain, sell, remiu, release, convey and tonfirm unto the MORTGAGEE, iti succeuws and assigns, all that ce~tain lot, pieae or parcel of land, sitwte, lying, and being in ths ~~~y ~ St. Lucie and State of Florida, described ~s iollows: The East 75 feet of the follo~wing described property: Begin at the NW corner of Tract 102 of GARDEN CITY FARMS in Section S, Township 35 Soath, Range 40 East, as per plat thereof on f ile in Plat Book 2, at page 5, of the Public Records of St. Lucie County, Flarida; run East 150 feet to a point, thence turn and run South 30 feet to a point , thence turn and run Sast 240 feet to a point, thence turn and run South 135 feet for a point of beginning. Froa said point of beginning continue South 142.65 feet to a point, thence turn and run West with a forward angle to the right of 88 degrees 09 ainutes 30 seconds, a distance of 120.12 feet to ~a point, thence tur~n and run North 142.65 feet to a point, thence tuzn and run East to point of beginning, S~,id land lying in and being a part of Tract 102 of said Garden City Farms, ~ ~oFZ~ . S~ ENtARY L~ ~DA ~ ,2~v ~ eE~~ ~~act. ~ ~ ~ aErt. o~ REr~uuE AMP tA x ~ ~E~p .C ~cts °f ~ o- t~ ~ ~MR21'1~ 8 8 0~ PU~ j0 ~~,E A~S~~-~E ~ a, ~ 1 t t0! ~ ~ ~ Ct(~~t Q, ~ChG~"' togefher with all and singular the tenements. F+eredifunents and appurtsnces tF~eunto belonging or in anywise appertaining thereto, and all rents, tu~res. proceeds snd profin xcruing snd to accrue from said premises, all of wii~ are included in the above ~nd foregoing description and Mbendum. } TO HAVE AND TO, HOID the above destribed and granted premises unto the seid MpRTGAGEE, its successoa a~d ~ugns forever. Md fM said MORTGAGOR fw thei r ~~~s, executon, administraton and asi ns, here ~ ~g by tovenann with fhe said MORTGAGEE, in svttessors ~r+d astipro, rhar theX-~g Iawfully xized of the s~id prem~ses in fee simple; thst tl+e wme ue free, ckar and disch~rged f?om sll liens u~d encunr brances in law or in equity, and that they w;p ~ their he7n shs1J wurant and defend tbe title to the sams to ths taid MORTGAGEE, iri successws and auigns, fwever sgainst the lawfut clsims and demands of all persorts; PROVIDED, ALWAYS that if tlx NIORTGAGOR shall psy unto the MORTGAGEE the promisswy note he?einbefore described snd sh~ll truly, promptly and fully perform, dixharge, execute, compkte, comply with and abide by each and every the sripulations, agreernents, conditions and tovenants of ssid promissory nme and of this Mortgage, then this Mo~tgsge and the Estste hereby veated shall cease and be nvll snd void. IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singu~ar a plural snywhere in this Mortgspe, shall be sing~lar if ons only u~d shall be plural jointly and severally if more tMn one, snd that tfx word "their" ss vsed snywhere in this Mortgsge skall be taken to mean "hFs.'• ••hen;• er "itt;' whe?ever the cor~text so implies or ~dmits. Also, that wherever there is s reference in the coverMnri and agreerne~b herein contained to any of the parties hercto, the same il+sll be construed to mean ss well as the hein, kgal repreunbtives, successors and auigns (either volunt~ry by act of the parties or involu~tary by operation of the law) of the same arrd t?wt the covmants herein contained shall bind snd the ber?efits a~d advs~tayes inwe to the respective heirs, legal representatives, succeuws and us?gns of the parties hereto. ~ Md ssid Nbrtg~gors, fw themulves snd tF?eir }~ein, kgal representstives, successors and uspns, hereby jantly and severally covenam snd ~gree to ~~d with the said MORTGAGEE, its waessors and auigr?s: t. To pay afl and sirgutar the principal a~d inte~est and the various and sundry swra of money pay~ble by virtue of ssid prom;ssory note, ~nd tha mortgs~e, each a~d every, promptly on the days respectively ihe same severally become d~e. 2 To pay ~tl and iugulu the taxes, assesunenb, levies. ~i~bilities, oblgatio~s ~nd encumbnnces of every nature and kind now o~ said desuibed Property, a that heresfte? may be ;mposed, suffered, ptxed, kvied, a auessed thereon, w that hsreafte~ may bs levied or as}essed vpon ihis age, a the &wdebted~eu seeu~ed heraby esch and every. when d~e and paysble, sccordinp ro law, before they become delirque~t, ~nd b~fw~ ~ny int~p artachts w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL dE ~PROMPTIY SAi15fiE0 AN~ DtSCHARGED OF RECORD AMD THf ORIGlNAI OFFICIAI pOCUMENI (SUCH AS, FOR- INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICI/1llY ENDORSED OR CERTIFIED) SHAII dE PUCED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMEN7; and in the event fMt sny thereof is nw paid, saYSfied ~nd dixharged sa:d MORiGAGEE may ~t any timr pay the same or any pan fhereof wit?wvt waivirg a atfettinQ my optlon, lien, equity p •rohr unde. or by rirtve of this mortgage and tF?e tull amoum of esch and every such payment shall be imnediately due snd pay~bk ~nd shall bear interest <<om the d~te tl+ereof uMil paid at rate of nine per cemum pe. annum and roye~her w~th iucl(~irfer be secvr ~f lien o( th:s mwytsye. 3G`~~~1.~ ~tJ~ tU _ ~ r , . . . r T " - . vT~l.Y~ 'L't _ `-K~'~ . - - ~ L+~..~ i Y ~ ~ S ' _~L._.