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Home My WebLink About0217 252131 ~ ti THIS INDENTt/RE, AAa~ th~ SL~1 ~y pf ADl~_ A,p. 19_~. bltwNn Te H Arnol an W n L. of - St. t.t1C1@ , Counly Florid~, Mr~in~ftp design~ted ss tM "MORTGA ~ FIRS~ FE~ERAL VJNGS AND IOAN ! ASSOCIA?ION OF FORT PIERCE, • corpo?ation wy~nized and ~xistinp under th~ lawi of ~M Un~hd St~~ of Amerka ind MWi~p"~ princlpal pl~ of buw+~a in th~ City of kxt PiKa, St, l~ci~ Covnty, Florida. her~inah~? deiiy~at~d at tl» "MORTGAGEE." ' . WHEREAS tM MORTGAGOR is justly ie?d~bt~d to th~ MORTGAGEE ie ths sum of i 1~~~-~ , poa! and lawful maisy of the Uo~ted Sfatet advanced by tM MORTGAGEE unto tM MORTGAGOR, ai ~videnced by a certain promiuory oote of even dat~ hw~with, of wh~ch th~ followinq in wwds and fiqur~s Is a trus copy, to-wit: ~ t ~ • s.~~-~ ' r,~,-~19683 ! _ fwt Pierc~. Flwida. A~! .i j 5 19_2.~_ Fw vslue received, 1, we o~ cither of us, promise to pay, without defalcation, to 1he orde~ of fIRST FE~ERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE af Fort Pierce, florida, the sum of =13~~~•~ with interest from dste st the rafe of per annwn, in monthly iratall- ments as follows: s~O7•~ on the l~h d~Y of ~y 19 73 and a lika sum o~ the carespond~ny day of esch mont6 tl?ere- after ~ntil tix wAole be fully paid. Each installment first ahall be applied in psyment of ths inte~est and then on the unpaid balance of the principal wm. If default is made in ths payment of any instalknent when due, and such defauU cominues 3p days, then at the option of the holder, and without any other notice, a~l the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole w i~ part at any time without penahy. Neither forebea~snce, nor acceptaoce by the holder tkx~eof after a~y defavlt i~ any payments hereon, shal) be deemed extension, A late payment d?~rg~ of ~ 5.35 shall be added to each installment remaining ~npa~d 7 days after its due date, a~d a like sum shall be added to each such instaitment remaining ~rpaid 7 dayi after each svcceeding payment date. . Each maka, surety and erulorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to sny extension of time of payment, either before w after maturity, without notice to a~y of us; and to pay ali costs of collection, including e reasonable attorney i iee in the event of any default hereunder, and heaeby severally waives all benefit of homestead and exemption under the conatitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witneu the ha~d and seal of each party. ~ Ted H. Arnold ~ ts~+U . Wanda L. Arnold ~ (s~?U ~ ' `19 . SO ? State Revenue pw?aps ~o~aM~ ~dg~~.~r~ NOW, THEREfORE, the MORTGAGOR fo~ the purpose of tecvrir+g payment of said swn of = 13 ~~0• O0 ~ ~nd the perfarmanca of ths ~ covenants and agreementa hereinafter expreued, and fw divers good and valusble considerstions, by these presents, does gr~nt, barpain, ull, remise, release, tonvey and confirm unto the MORTGAGEE, iri successors and auigns, all that certain bt. piep or parcel of I~nd, titvare, lying, and being in the County of SL . I.11C1@ , and State of Flwida, described ~s follows: Lot 5, Block 4, RSPLAT OF PALrI GARDENS, according to the plat thezeof ~ ~ -on file in Plat Book 12, page 42, of the Public Reaords of St. Lucie ? County, Florida, _ • A flR ORiCJA~ : ~ o O ~NTARY TAMP 1A x~ RE~p ~ IN PAtrMDR OF ~ ~ O P. t REIIENttE • pRpPER(X, ~ pUE ON ClJ1SS 'C INTANGIdtE Pf~SONAI ~c - =~li?f : i p~tt~lA!(~ TO CIW'~EQ 71•134. NCTS OF 19/1. . " e _ i 9. 5 0 ~ER ~o~~.~ ~ CLERK CIRCUR GOURT, S(. LUCIE CO.. fU1. ' i "s i togethet with sll and singvlar the tenements, hereditsments snd appu?tances there~nto belonging or in anywise app~rf~i~irg tlkreto, and s0 renri, istues, ? prxeeds snd profin accruing and to accrue from ssid premises, all of which are inctuded in the above and fwegoing description and Mbendum. ' 1 TO HAVE AND TO HO[D the above desaibed and granted premises ~nto the said AI{ORTGAGEE, iri s~rccessors and auiqrn forever. Md th~ said n ; AiORTGAGOR fw ~he1! - heirs; execwon, administrators and euigns, hereby tove~anq with ihe said MORTGAGEE, its successon u+d ~ssipro, ' rhat thB~[ aZe lawfull seized of the said r Y premises in fee simplr,. that the same are free, ckar and diuMrged from sll lieru and encum~ brances in law w in equity, ar?d thst they ,N~~~ a~ their hein shall.warrsnt and defend the title to the ssme to ths s+id MORTGAGEE, its successon and suigns, forever against the lawful claims and dema~ds of .all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promiswry note hereinbefore described and sball truy, promptly and fully perform, d;scha~ge, execute, compkte, comply with and abide by each and every the stipulatior?i, sgreements, conditio~s and coven~nq of s~id promissory note and of this Mortgage, then this Mortgage and the Estate hereby uested shall cease a~d be null snd void. IT IS UNDERSTOOD thst tFx word "Mortgagor" whether in tF+e singula~ w plu?al ~nywhere in ihis Mwtgsye, shall be sirgul~r if ora only ar?d shall be plvr~l jointly and severally if mwe than one, and that the word "their" as used anywhere in this Mortgage shall be tiken to mean "his;' "hen;' or "iri;' wherever the context w implies a admits. Also, that wherever there is s reference in the covenanb and agreements Me~ein oont~irKd to sny of the partict hereto, the s+me shalt be consfrued to me~n as well u the heirs, legal repreuntatives, successo?s and aui9ns (eithe~ voluntuy by act of the parties a involuroary by operation of the law) of the iame and that the coven+nts F~erein contained shall bind and the benefits a~d ~dv~ntaqd inure ro the reipective hein, legsl representatives, successon and au~gns of tF~e parties hereto. And ssid Mortgagors, fo~ themulves snd their heirs, (e9sl represent~tives, successors and essigns, hereby jointly and seve~aUy coven+nt and aQree to and with the said MORTGAGEE, its sutcessors and auigm; 1. To pay all and sinyolu the principal and inte+est and the various and iundry swru of money payable by virtue of ssid promisiory note, and thi~ mortg~ge, esch ~nd evety, promptly on the dsys retpMively the wme severally become due. 2. To p~y sll and sirqular tF+e taxcs, ssussrnenn, levies, li~bitities, obligations and encumbrances of every nature and kind now on said described property, w that heresfter m~y be impoael, svffered, pl~ced, levied, a auessed thereon, w that heresfter may be levied w assesxd upon this Maty- age, a tM indebtedneu secured Fxreby, exh and every, when due +nd p~yable, sccwdinp to law, before they become delinq~ent, and befon any interes~ a+taches o~ ~ny penafty is irxvrred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISf1E~ AND DISCHARGEO OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIALLY ENDORSE~ OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMfNT; and in the event th~t any tbereof is na paid, sat'sfied snd disch~rged ss:d MORTGAGEE may st sny time pay the same w any part thereof withwit waiviny or affectiny sny opYron, lien, equity w •pht under a by virtire of this mortgaye and the full amount of each and every svch psyment thall be immediately due and payabk ~nd shstl be+r interest <<om ~he date thtreof un?il paid ar rate of nir~e per centum per annvm and toyether w~lb soch ioterest shall be setured by the lien of th:s morytaye. @J~~r ~r.- ~ ~ R 2~.3 ~~_7 _ - Fx.: .