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Home My WebLink About1489 ~SU~~~ THIS INGENTURE. N4d~ the ~th d~y of March q,p, ~q73 rga . o y and ula ae obey h s fe of t• uC @ Covnry Flwida, M.~i~+ha d~si~~1~d ~f tM^~MCQT(il1GOt~" +~d FIRST fE~ERAI SI~VINGS AN~ IOAN ASSOCtAT10N Of FORT PIERCE. a oapaation orpu?iz~d ~nd ~xiuirg wide~ ~h~ lavw of tM Uoit~d S~ata of Ameriu sed MvLg it~ principal pl~c~ of busin~ss h tM City of Fort PiKa, St. luti~ Count1l• flOfl~. IINfIfMNq ~ii?M1~I a tM "MORTGACsEE." WHEREAS th~ MORTGAGOR is justiy tn~kbqd 1o th~ MORTGAGEE in th~ sum of ~~r5 a~~ ~ood +nd lawful moneY of the Un7tcd Ststes advanc~d by ths MORTGAGEE unto tM MORTGAGOR, u evidenced by • anain promisw~y rat~ d even date herwvith, of whith the followi~ in wads and fi~~r~s b a tnr~ copy. to-wit: ~ 25 ,000 .00 lOQ iq638 ~o.~ P~.~.. Fb.~. I~r~ 30, i913_ Fa value received, 1, we or either of ~s, promise to pay, withovt defalcation, to the orde~ of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATICyN OF FORT PIERCE at Fort Pierce, flaids, the sum of 2S with interest f~om date ~t the rate of ~_96 per annum, in ma?tAly int1a11- ments as foilows: f 185 on the l~th day of `July 19 73 ~nd a like sum on the correipondin9 day of each month lhere- after until the whote be fully paid. Exh irtstallme~t first sh~I) be ~pplied in payment of the interest aod then on the,~np~id balance of the p~incPpal wm. If dcfault h made in fhe payr~unt of any installment when due, and s~th defwlt tontinues 30 days, then st the option of the hotder, and without any other notice, all the remsininy installme~b shall be dw and p~yable ~t once. Privilege is given ro prepaY this note in whole or In p~?t at any time without penslty. Neither forebear~nce, no? acteptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment ch+rge of s~-, slull be added to each i~stallment remaining unpaid 7 days after ln due da~e, ~nd ~ like sum shall be sdded to each such installment remaining unpaid 7 days aher each svcteeding payment date. ~ Each maker, wrety ~nd endorser hereof, janNy and severalty, wsives demand, prexntment protest and notice of protest fw nonpayment, and furthet agrees to any exter+sion of time of payment, eithe~ before or after matu~ity, without notice to any of us; and to pay all msts of collectan, includiny a reasonabk attorney's fea in the event of any default hereunder, and F?ereby sevcrally waives all ber?efit of homestead snd exemption under the co~stitut'an and laws of each State of the United States, as sgainst this obligstion w any extension w renewal hereof. Witness the hand and se~l of each party. . (SE/?U ; (SE/?U (SEI?U (SEAU ( ~37•~ ? State Revenue (Stan~ sw?eeMed~c~+~ai~irwF eole) ~ i NOW, THEREFORE, the MORTGAGOR for the p~rposr of securing payment of taid sum of = 25 , and the perfwmsnce of the covenanq and ayreements haeinafter expressed, and fw divers good and vslu~ble considerations, by these presenri, does graM, bsryain, sell, remise, release, convey and confirm unfo the RTGAGEE, ifs succeuors and ~uigns, alt that ce?t~in bt, pieoe or putel of Isnd, sifuate, lying, u~d beinp in tM Counry of $t. I'uC~e and State of Fbrida, described as followt: Lot 1, Block ~1, LAKBW~OOD PARK, UNIT NO. 7, according to the Plat thereof as recorded in Plat Book 11, at gage 13, of the Public Records of St. Lucie County, Florida~ e~~c~. ~ ; . . . . ° ~ ip ~ ~ ! ~ N ~TAT aR FI..ORIDA~ ~`~"--r~~''~~~,`~' ' DOCLN~ ARY S1AMP TAX ~ ~ ~ .es DEPT.OF REYENiIE ' ~ ' '~~`~,'~~t ~~'Q ~ ~ - ~ " '(0 o=~=..~x-r» ~ 3 7 5 0 1 d0~°~ " _ ~~~cz ~ ~ ~ ' t!~ 0 together with sll snd air~yulu the tenertron», hereditamenri and appurtances therevnto belooging or in snywise appert~ining thereto, and all renri, iuues. proueds ~nd profits xvuing and to sccrue from s+id prem'aes, all of wFiKh ~re incl~ded in the ~bove and fwegoirg desuiption and Mbendvm. ~ TO HAVE AND TO HOLD the above described and granted premixs unto the ssid MORTGAGEE, Ns svcceswn ~nd ~uigr~ fweva. Md tM said MORTGAGOR for thel= heirs, executors, sdministnto~s and auigns, hereby cove~snts with ths said AhORTC,AGEE, i» suaeswn ~nd ~ssipm, ~ rhat theV a`Ie Iswfully seized of the said prem~ses i~ fee simple; that the ~ame ~re free, clesr u~d d'ach+ryed from atl Ikns and ~ncum~ ~ brances in law or in equity, and that t~y will and their hein shall wsrrant and defend the titk to the aam~ to the said ~ MORTGAGEE, in successors snd suigns, forever agairat ti+e lawful daims and.demands of •II perwns; ~ PROVIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGfE the promisfory note hereinbefore described snd sh+U truly, promptly - and fully perform, dischsrge, execute, compkte, comply with ~nd abide by esch and every the stipulations, ~greemenri, conditam ~~d tovenanri of s+id ~ promissory note sod of this Mortgsyt, tlxn this Mortgsge and the Estate hereby ueated shall ceas~ and b~ null and wid. ' ~ IT IS UNDERSTOOD tFwt tt~e wwd "Mortg~gor" whetixr in the singular a plvrel anywhere in this Mortgspe, shall be sirgulu if one only and ~ ~ shall be pturd jointly ud severally if mo~e thsn one, and that the word "their" as wed ~nywhere in tha Mortpaye sh~ll be taken to mesn •'his,•• •'Mrs;• or "iri;' wherever the context so implies a sdmits. Also, thst wi~erever there is ~ reference in tlr coven~nri stid ~greemenn herein tontsined to sny of the parYies hereto, the same shsll be construed to mean as well ~s the heirs, le9~l representatives, successon and suipns (eitlwer voluntary by act of the ~ parties or involu~tsry by opentan of the Iaw) of the same end that the covenants herein contaioed shsll bind and the benefin and ~dv~ntapes inur~ ~ ro the respective Mein, leyal representatives, succeswn sr~d ass?gro of the puties hento. • Md ssid Mwtyagen, for themselves u+d their Mein, leg~l represcnbtives, s~ccessas and ~uipra, hereby joinHy and ~sverally cwensnt and ayrae ~ fo snd with the ~aid MORTGAGEE, its wccesson and auigns: ~ 1. To psy ~II aod iugul~r the princip~l and interest u~d the varian snd sundry wms of money pay~bk by virnie of said promiuay note, ~nd this mort9~e, esch ~nd every, prompfly on the days respectively the same severally becortw dw. 2. To pay ~11 and ~'ugvlar the taxes, suessmenn, kvies, li~bilities, oblipatian ~+d ~ncvmbr~nces of svery n~twe and kind now on said described prope?ty, w that hereaRe~ may b~ imposed, svffet~d. Placed, levied, or ~ssessed thereon, or th~t hereaNN rtwy be levied or ~sses~ed vpai thb Mat¢ sye, a the indebtsdneu secvred hereby, each and wery, when dw a+d pay+ble, aaordinp to law, befort they become delFrpuent. ud b~fw~ ~rry interest attaches w any penalfy is incurted; AND INSOFAR AS ANY THEREOf IS OF RKORD 7HE SAME SHAII 6E PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFfIGIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEiPT OR iHE SATISfAC?ION PMER OFFICIAIIY ENDORSED OR CERTIFIED) SHALL BE PLACED IN TME HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; ~nd in the event tMt any therwf b nof pa~d, sat'~fied snd discharged sa:d MORTGAGEE may +t sny t~me p~y the same o~ any put the?eof without wa'ninp a affectirq any optan, lien, eq~ity a ~ •iqht under a by virtue of this rrartgaye and the full amwint of each and every such payment sMll be inrnediately dw and pay~bl~ and shall btar int~r~tt ~rom the d~te thereof u~til paid ~t r~te of nine per centum per ~nnum and tope~he~ with ~uch iM ~ Rshall sec~red bY t~~~of th:s mw9ta~e. 6ooK212 ~aCE1 ~ ~ _ - ; ~ y - s'=Y% 4^'~cr-i~ ~~~-#n aKhi ~m~. ..59 i"~5 ` _ .'c~^z. , _ . 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