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Home My WebLink About1503 250935 THIS IN~ENTURE, 1Uwd~ th~ i~b day of ~M~~~ ' Williaa F. S on and Bonita G. Sas son bt w H W +~D 19-~ ~f ~ Sarpsoa, h s w e; B~YSOn G. Sauapson a?nd Iris a~apson. his wif. of St. ~.i1C~B Counfy flwid~. F?K~inafta d~sipn~~ed ai tM "MORTGAGOR," ~nd FIRSI FEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE, ~ co.por~tion wpu~iud and ~xiainp und~r ~M law~ of N+~ Unit~d Sf~as of Am~rica and Mvuq in principal pl~c~ 04 busin~u in tF» City of FoA PiKa. St. Luc~ Counry. Florida, Fw~inaft~~ d~iiynaned u tla "MORTGAGEE." WHEREAS fh~ MORTGAGOR is ~ntly indebt~d ro tM MORTGAGEE in ths tum of = 25.l2~~~ 9ood +nd lewful money oi the United States advuxed by tM MORTGA6EE unto tl~e MORTGAGOR, ss evida~ced by a ceruin promiuory note of even date herewitly af wAich ~M foilowinp in wwds u~d fiyures is a trw copY, to-wit: = 25~200.00 N, 100~ 9574 Fort P1erc~. Flwida. MAlC~1 19 19 73 Fw value received, 1, we o~ either of us, prom~se to pay, without defslcatio~, to tha order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Fbrida, the s~m of Z ZSL2~~~ with interest from date at the rate of~_% pe~ annum, in monthly install- ments ss follows: Z~87~~ on the ~jL d~y of J~~_ 19_13.. and a like sum on the correspa~ding dsy of each month there- - after unfil the whole bs fully paid. • Each installment first shall bs applied in p~yment of the interest and then on tha u~paid balance of tf?e princip~l wrn. If default is made in fhs payment of any installmeM whe~ dus, and such default continues 30 days, then at the opYw~ of the holde?, and without a~y other notice, all the rem~ininy installmenh shsll be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither forebearance, nor acceptsnce by the holde? thereof after any default in any payments Fureon, shall be deemed extension. A late payment charge of i`~-. shall be added to each installment r~mainir?a unpaid 7 days after it~ due date, and a like sum shall be added to each such installment remaining unpaid 7 days after eath sutceeding p~yment date. . - ' Each maker, surety and endo?ur hereof, jointly and severally, waivH demand, presentment protest snd notice of protest fw nonpayment, and further sgrees to any extens'ro~ of time of payme~t, either before w afrer mat~rity, without notice to any of us; ~nd to pay all costs of coltenion, includ~ng a reasonable attorney's fee in the event o( any defautt Ixreunder, and hereby sevcrally waives all benefit of homestead aod exemption under the constitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of eacF~ party. • • e/ Williaa F. Saapson ~AU ~ Bonita G. Ssapson ~,i~ ~ ~l Howard W. Sa~apson t~~ Helen D. S son ~ ~ ~~37~80 ~ State Revenve s 8s~rson G. A~i~a011 ts~.~~r~sei*eng~nd~ s/ Izis Tw~ S pson NOW, THEREFORE, the MORTGAGOR for the purpose of securing payme~t of ssid sum of s 25~2W~~ . ~nd the performsncs of ths covenants and agreements hereinaiter expreued, and fw divers good and valuable considerataro, by fhese presenb, does grant, barpsin, sell, remise, release, convey ~nd oonfirm unto the MORTGAGEE, iri successors and ~ugns, all that certain bt, piec~ or pucel of land, sitvate, lying, and beinp in ths County of St• LuCi@ , end State of Flwida, desvibed ~s follows: Begin at the NB corner of the SW'~ of the NW'~ of the NB'~ of Section 29, Tawnship 35 South, Range 40 Bast, and run South O° 17* 20" We$t 87.5 feet; thence South 89° 59' SO" West 130 feet; thence North O 17* 20" Bast 87.5 teet; thence North 89° 59~50" Baat along the North line of said Southwest of NW'~ of NB~ a distance of 130 feet to the Point of Beginninq. Less Roa?d right-ot-ways. 'i ~ t~ i . . . ~ ~ j° _ os F QlR~PQ~ ~ ,y~ f/~ DfltU ARY ~i.~r.~, 1" i V ~ ~ ~Pi. oc RE~EauE . = - ~ . . ~ `~.~y61`~'1,~,~~ r:-~ _ _ ~~~•z•ia ~ ~ . _ 3 7. 8 0 ; - a~`~ ~~s`. w o = P'S` ~ ~ ~ e S~A2 C' ~ together with sll s~d sirgutsr the tenements, hereditsmenb and app~rtances thereunto belonginq or in ~nywise ~ppertaining therefo, and all renN, istues, proceeds and profits accruing a~d ro sccrue from said prem~ses, all of wFi~ch are included in the above snd fwegang desuipYan snd habendum. TO HAVE AND TO HO the above described and grsnted premises unto the said MORTGAGEE, its successon and auigns forever. Md tM s~id MORTGAGOR for the~Y ~~rs, executors, administr~ton and auigns, hereby covenants with fhe said MORTGAGEE, iri wccessws ~nd auipns, that ~-~v ~e- lawfully seized of the ssid premises in fee simple; that the same are free, clear ~nd dischsrged from all (iera and encum- brances in I~w or in equity, and thst the~ will ~nd thei= heirs shall wsrrant and defend ths title ro the same to the isid MORTGAGEE, iri successors snd sssigrn, fwever sgainst the lawful claims and dem~nds of all persons; PROVIOED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promusory note he~einbefore dewibed u~d sh+ll truly, promptly 9 and fully pcrform, discFwrge, execute, compkte, comply with and abide by each and every the stipulations, agreemenb, conditiora and covenanri of said promiuory note snd of this Mortgage, then this Mortgsge and the Estate hereby aeated shall te~se and be null ~nd void. IT IS UN~ERSTO00 that tlx word "Mortgagw" whether in the singular or plural anywhere in this Mortgsge, shsll be sinpular if one only ~nd :hall be plural joiMly and severally if more thsn one, and that the word "their' ss ~ned soywhere in this Mort9age shall be tsken to mean "his,'• •'hers;• w"its," wherever the context so implies w ~dmits. Also, thaT wherever there is ~ reference in tF~e coven+nts and agreernenri herein contained fo any of the psrties hereto, the ssme sh~ll be construed to mean ss well as the hein, kgal r- ,~esentstives, successors snd suigns (either volunury by act of the parties w imroluMary by opention of the law) of the same and that the covenants herein contained shall bind and ri~e benefin and advanfaya invr. to the respective he'as, kgal represemativa, succeuws and au~yr+s of the psrties hereto. And said Matg+gors, for themselves and their hein, leyal representatives, successors ~rd auiyra, hereby joi~tly and severslly coven~nt snd ~yree to ~nd with the said MORTGAGEE, its sexcessws and auigns: 1. To pay all ~nd tinpular the principal and interest and the vsrious and sundry wms of money payabk by virtue of said promissory rate, and thu mortgage, each snd every, promptly on the days respectively the same severally becane due. 2. To pay all and iugulu the taxa, asu~sment~, levies, li~bilit~es, obligatio~s and e~cumbr~ncet of every natwe ~nd kind now on said desuibed property, w that hereafter may be impwed, suffered. Ptaced, kvied, a ~uessed thereon, a tMt heresfter msy be kvied w asseued upon Nds Mwt~- age, w the indebtedneu secured hereby, e+ch a~d every, when dve and payabk, auadir?p to law, befae they becane delinquent, a~?d before n~y iM~r~s~ attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII dE PROMPTLY SATISfIE~ AND DISCHARGED OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (StKH AS, FOR INSIANCE, THE TAX RECEIPT OR THE S~[TISFACTION PAPER OFfIC1ALlY ENOORSEO OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt ~ny thaeof is not- paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof witho~t waiviny ot sffettinp a~y option, litn, tqvity or ~ •iqht under w by virtue of this mortgage and the (ull ~mount of each and every such payment shall be immediately due and payabk ~nd ~hall b~ar inter~st ~.om the dale thereoi until ps~d at r~te of ~~ne per centum pe~ annum ~nd toyether w~th such ~t~~1j,~e f1~~ ~~y~~lien of th:s morpl~pe. ~ ~ v v r-.=~'" r=-`.~ ~ ' ~ a - - -