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Home My WebLink About1676 2510'76 THIS INOENTURE, Mad~ tl~i~ d+y of ~Y~ A.O. 19 73 b~tw~ Joraa O. P~t~rs~u, a sinql• adult t' ~ T • of SL• LNC~~ ~ Cpy~~y Flprid+, ha~~inaflK d~~ign+~ed ~s tM "MORTGAGOR;' ~~d fIRST FE~ERAL SAVINGS ANO IOAN ASSOCIA?ION OF FORT PIERCE, • oorpor~tion ap~niud and ~aittuq unda tM lavin of th~ Unit~d St~~~s of Am~rics a~d havinp in principal pi~c~ of • b~sines~ in th~ City of Fat Pi~.a. St. Luci~ Counry. Fbrid~. hu~inaftN d~sg~+t~d +s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly indebt~d M th~ MORTGAGEE in ths sum of = aO+~~.s~ ~ood and lawfvl maNy oi /M Unifed ~ Stat~s advanced by th~ MORTGAGEE vnto iM MORTGAGOR, as evidenu.~d by a ct~tain promiuory nof~ of eva? date herewilh, of which tFw followinp in ~ wwdt ~nd fipures i~ a trw topy, To-wif: = Z~~~~~ ~ 10019653 t, Fort Pkrc~„ Florid~. Masch 30 19 ~3 \ Fw valw received, I, we or either of us, promise to p~y, withovt defslcation, to ths orde~ of FfRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Fbrida, the tum of i Z~~ ~ w~th interest f~om date at the ~ate of ~Q76 per annua+, i~ monthly insqll- l menti as follows: i 1~~~ o~ the i~b d+Y of ~Y 19~ +nd • like svm on the correspa~clinp day of each month ther~- after ~ntil the vrhole be fully paid. Each insqlfinent first ihall be ~pp~~ed in payment of ths interest snd then on the unpaid balance of the princip~l wm• If defsulf is made in the ~ payment of any installment when due, and such default continues 30 days, then at tha optan of the holder, and without sey other notice, all the remainirg ~j ~mqllments thall be due snd payable at once. Privikye is given to prepay this oote in whok or in p~rt ~t ~ny time without penalty. Neither forebearante, ~4 nor ~cceptance by the hoider thereof after~sny default in anY p~ymems he~eon, shall be deemed extension. A latepaymem charge of S 8~40 s~+~~ ~ added to each installmenf rema`ming uripaid 7~days afte~ ib due date, and a like sum shall be added to each such installment remaining unpaid 7 dsys aNer ~ eath s~cceedirg paymeM date. ~ E~ch maker, surety aM1 endorser hereof, jointly and severally, waives demand, presentment protest and notice of protcst fw ranpayment, and further agrees to any extension of time of payment, either befwe or after maturity, without notice to any of us; and to pay all costs of collccYwn, includinp a ~ reasonable attwney's fee in the event of sny defauit hereunder, and hereby severally waives all benefit of homestead aed exemption under ths ca+stitvlion ~ and laws of each Sute of the United 5tates, as ag~inst this obligation a any extension a renewal hereof. ~ Witness tha hand and sesl of each party. :l .TOZ3f O. PQtBYfYS ~ (SE/?U ~ a singlt adult ~nu ~U ~ ~ $30.00 , csE/?U ( State Revenue (s~~wwo.u.i«.«:~iwd.»w 20 000.00 NOW, TMEREFORE, the MORTGAGOR for the purpose of ucuring psyment of ssid sum of i ~ ~nd the performsncs of ths covenants and apreements hereinafter expressed, and fw diven good and wtwble cooside~aYaro, by tF~ese presents, does grant, bar~~in, sell, remise, release, tonvey and confirm u~ro the MORTCaAGEE, in sutcessws and auigns, all that certain IoL piece or putel of Iand, situate, (ying, end beinp in ihs ~~~ty $t. j.uC~! , snd Stat~ of Fbrida, desaibed as follows: All of Block J, HARMDNY HSIGNTS SUBDIVISION, as per plat thereof on file in Plat Book 8, Page 24, of the Public Records of St. I.ucie county, Florida? ~ I I ~ - i . _ .~:,,t. : ' . ~ d' C o IN PAY1/E7ff OF T11XF3 ~i.= ~ A x 1 ~ oM a~ ~ artiweie~ r~sow~ ~n. _ ~ ~ . , ;h p~r w a+~rr~ ~i•i~. ~c.-rs o~ wn. . ~ e~:. _ _ - . pOpEis romus O e - ~ . ..:~-Q. 0 ~.:1.. ~ ca+atR oo~t, sr. u,c~ ca, ~t ~ ~ .f together with all and singular the tenements, hereditsmenn snd sppurtsnces thereunto belonping a in anywise +ppertaining thereto, ~nd all r~nts, iuues, proceeds ~nd profi» accruing and to accrve from aaid premises, aIl of wfiKh are included in the +bove and foreyoirg description and habendum. TO HAVE AND TO HOID the sbove described and ywnted premises unto 1F+e s~id MORTCsAGEE, i» s~aesson and ~uipnt foreva. Md tFN said MORT6AGOR fw h 1 S heirs, executors, sdministraton and asi~9ru, hereby covenanb with ihe s~id MORTGAGEE, its wtusw~s ~nd astipm. that - h- i a lswfully seiud of the said prem~ses in fee simple; that the same ~ro free, cle~r and diicFwrped from all Ikns and encuem brances in law or in equity. ~nd thst~~ - will snd h~ S - hein shall warrant and defend the title to the s~rrN to the wid ~ MORTGAGEE, its wccesaors and assigro, faever sgsintt the lawful claims and demands of sll peraorq; PROVIDED, AlWAYS th~t if the MORTGAGOR ahall pay unto the MORTGAGEE the promiswry ~ote hereinbefore dexribed ud shall tr~ly, promptty ~ and fully perform, ditdisrge, execute, complete, comply with and abide by each snd every ihe atipulataro, ayreements, condit~ora and coven+nb of said t^ promitfOry note snd of this Mortgsge, then this Nbrtgage and the Estste hereby veated shall uss~ and be null ~nd wid. IT IS UNDERSTOOD tFwt the word "Mortgsgor" whether i~ the singulsr or plural snywt~ere in this /Nortgaye, thsll be sirgulu if one only +~d ~ shsll be plural jointly ~nd teverally if more th~n one, and that the wwd "their" as u~ed ~nywhere in this Mortysge sh~ll be tsken to rrK+n "his:• •'hen:• ~ ~ or "iri;' wherever the context w implies a admits. Alw, that wherever there is a referente in the tovenanb and ~yreements herein oont~irud to am of ~ fhe pa?ties hereto, the Nm~ shsll be wiutrued to mean +s well as the hein, leyal reprosentatives, successors snd assipro (eitha voluntary by acf of the ; w psAies. or invdunt~ry by operstion of the law) of the ssme and that the covenant: herein cont+ined sh+ll bind ~~d ths benefin and ~dvanta~es imxe { i to the respective Mirs, I~ya! representatives, successors and au~yns of the p+rties hereto. . /?nd said Nlwtppors, fw themselves snd their F+ein, legal representatives, iuccessws and assi9ns. F~ereby jointly and seve?~Ily tovtn~nt and ayree ~ ro and with tF~e ~aid MORTGAGEE, ib iuccessors and auiyns: ~°'i 1. To p+y all and sirgvlar the principal and interest and the varian snd sundry wms of money pay~ble by virtue of said promiuay note, and this ~ mprt~pe. ~~cl~ ~nd twry, promptly on tM days respettively the ssme severally becan~ dw. oc ~ 2. To p+y ~II and sinpulu the tsxes, as~essmenb. Iwies, li~bilities, oblipations snd encumlxances of every natwe and kind now on s+id desuibed propKty, a tF~at here+fter may bs impwed, suffa~d. Placed, kvied, a+uessed thereon. W 1FNt I~l~NfiM fMy ~ IlVild or ~swssed vpon this Morq- ~Qe, er the indebtedrKSS secured hereby, e+ch and wery, when due snd paysble, accordirg to law, b~fore tl+ty become d~linqueM. ~nd befon ~ery/ int~rest attaches or ar?y pen+fty is inturred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL aE PRONIPTIY SATISFIED ANO DISCHARCsED OF RECOR~ AND THE OR~GINAL OFfIC1Al OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC710N PMER OffICIAIIY ENOORSED OR CERTIFIEO) SHAII dE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ewM that ~ny fhereof is not paid, tat"sii~d snd discha~yed sa:d MORTGAGEE may ~t any time psy tF~e same- w any pan IF?ereof without waivinq w af(ectinp any option, lien, eq~rity or •iqht u~de~ a by vNt~e o( this mortys~e and the (ull ~mount of eath and evsry such payment shall be immediafely due +nd payabk ar+d shall beN intKest ~rpn tht date tl+ereof until paid at rate of nine per centum ptr annum a~d to~ethei w~th ~uth iMerest shall be ~ecured by the lien of th:a mwytap~. ~ ~a:`'~~,..:~.. «.`r - i~ ~.~i ' ~ =~s ~ s ~ ~ ~~~"z.'i!.'i s;; _ `:a