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Home My WebLink About1626 253161 THIS INOENTURE. Nbd~ th~ 25Lh d~y of April , A.D. 19~~., b~tw~en _ 6st 1~ 6lswick and Marv i.ou Bl~,wiq~ his ~wife' . . of _ S[ . LuCi$ ~~p~y~~y pa~~~ ~~;MfiK designated q th~ "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN /?SSOCIATION Of fORT PIERCE, a cwpa~tan ory~nis~d ~nd ~xistin~ undK tM laws o1 tM Unit~d SutK of AmHic~ and i»vinp iri principal pl~c~ o! bvsln~ss in th~ City of Fat Pi~ru, 51. l~ci~ Cwmty, Fbrida, Mrein~ftK d~sipn~t~d ~s th~ "MORTGAGEE.^ j WHEREAS tM MORTGAGOR h jwtly ind~bt~d ro tM MORiGAGEE in tM sum oi ~-17 ~'a~= ~ 9ood and lawful mooey of the Un~ted Stares ~dvanced by tM MORTGAGEE u~to the MORTGAGOR, as avidenccd by ~ certaio ~promiuory note of even date herewifh, of which ths followinp in worcb ~nd fi~uret is ~ uu~ copY. to-wit: ~ s 19? 400. ~O ~ i,~,~ 0019760 ~ Pr.,c.. F~«w,, April 25 ~y,~~ ` For v~lue received, i, wa or eithsr of us, promise fo psy, without defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF R ~ FORT PIfRCE a! Fort Pierce, florids, the sum of s 17 ~ 4~ w;th intcrest from date ~t ths rate of ~~9f, per snn~m, in nwi?thly l~sqlb \ ments ~s follows: s 143. ~ an the lOth ~y of June ~9~_ and a like sum on the corresponding day of eac1~ mooth tFKre- ~ after ~ntil the whole be fully paid, Each iastallment fint shall be applied in payr?Knt of the i~terest and ~hen on tfie uopaid batance oi .tMe principsl sum. ff default is mads in the payment of any installment w1~en dve, and wch defwlt continuas 30 d~ys, ihen at the opYron of the holder, and without any other notice, all the remaining ~nstallments shall be due and payabk at oncc. Privilege is given to prepay this note in whole w in part at any time without pet~alty. Neither forebearuxe, ~ nor atteptance by the lwlder thereof aher a~y defauh in any payments hereon, shall be deemed extension, A late payment charge ot s 7.15 ahsN be ~ added to each installment remaining vnpaid 7 days aftH ib due date and a like sum shall be added to e~th such installment remaining unpaid 7 days after ~ ~ each succeeding payment data "1 Exh maker, surety and endwser hereof, jointly and seve~ally, waives demand, presentment protat and notice of protest fw nonpayment, and fvrther ' t agrees to ~ey extensio~ of time pf payment, either before w after maturity, wlthout notice to any of us; snd to pay all costs of collectio~, including a ` reasonable attwney's fee in the event of any default he~eunder, and hcreby uverally waives atl benefit of homestead and exemption under the constitution M and I~ws of each State of the United Sutes, as against this obligstion or any extension w renewal he~eof. ~1'~ Witness tha hand and uvl of each party. . S/ Bstle filswick ~AU ` cs~?u S/ Mazy Lou Elswick ~U ~ ~ 26 .10 ~ State Revenue ' ~U ~ p~snpcaocsYdsc~d~otq 4 MOW,.THEREFORE, the MORTGAGOR fw tfie r se of securi 1~ 4~.~ pu Po rg payment of ssid sum of i ~ +nd the performa~ce of ths i covenanri a~+d agreements hereinafter expressed, snd for divers good snd wlwble ca?siderations, by these presents, does grant, baryain, sell, remise, j release, convey and tonfi~m unto ti~e MORTGAGEE, in sutceuors and auigns, all that ttrtain bt, pieos or parte) of land, situste, (ying, and being in the 3 Counry of $t. ~Cle ~nd State of Flwid~, dewibed u follows: ~ ~ , ~ Lot 4~ Block S6, RIVER PARK, UNIT 6, as per plat thereof on file in ~ . ~ Plat Book 12, page 28 of the Public Recozds ot St. Lucie County, Rlorida, , _ ~ ~ ~ DO MfNTARr ~LOM~DA j ~ _ T. QF REyE1~lUf • ` • ! ' s ~Z6.-10~ _ - p` - J?rR3tT 13 ~ ~ ~ o ~ rtls? - ~ + ~ ~ - `t ~ OM Q~SS'C' [NfMNilBif PfRSOY~ pROPERtY~ PURSIIANT TO CHAP'fER 71-13~. ACTS OF l9/L ! R06ER PORRAS ~ ~ CtfRl( CIRCUR OOURT. ST. UICIE C0, FtA , together with all snd singular the tenements, her~tsments +nd sppunances thereunfo belonging or i~ ~nywise appertaini+~g therefo, snd at! renri, fuua. proceeds and protin xauing and to accrue from said premises, all of which are included in the above ~nd fwegoing descriptwn and habendum. TO HAVE AND TO HOID the +bove dewibed and grsnted premises unro the said MORTGAGEE, its suaessors and suigns forever. And ths said ~ MORTGAGOR for th~-1r hein, exec~fors, ~dminist~ators snd augns, hercby covenann wirh rhe said MORTGAGEE, ifs suteesson and ~aiqm, ; rhat th~l are ~awfully seized of the said premises in fee simple; that the aame sre hae, ckar ~nd dixl~rged f~om all liee~s and encuro- brancet in Isw or in eguity, and that- theY W~~~ the ir W~rrant u+d defend the titk to the same to the said ~ MORiGAGfE, its successors arid assgro, foiever against ths lawful claims and dem~nds of all perspy; T PROVIDED, ALWAYS thst if the MORTGAGOR shall pay ~nto the MORTGAGEE the prpri,ssory rpte hereinbefore described and sMll truly, promptly t and fully perfwm, dischsrge, execute, compkte, comply with ~nd abide by each and every the stipvlations, sgreemenh, canditions ~nd tovensnri of iaid ~ prom~ssory note u+d of this Mwtgage, then this Mortgage end tF~e Estate hcreby ueated shall u~se ind be null ~nd void. ~ 1T !5 UNDERSTOOD ihat tF~e word "Mortgagor" whether in the sirg~lsr w plural anywhere in this Mwtgaye, shsll bs si~yvlar if one only and ~ shall be plural joimly and severally if more tMo one, and that the wwd "their" ss used ~nywhere in this Nbrtpsye shall be taken to me~n "his;' "hen," or "ib;' wF~erever the context w implies w admits. Also, that wherever there is a refdence in tla tovenanb and aQroemenri herein contained to any of ~ the psrties hereto, the ssme shsll be construed to mean as well ss the hein, kgal representstives, succeuwt and usigro (either voluntary by act of the parY~es or involvntsry by operation of the Iaw) of the same snd that the cwensnts herein contained sFwll bind aod ths benefiri and sdvantapes inw~ ~ to the rapective heira, lsgal repreaentafives, successors ~nd ~u~gro of the psnies hereto. Md said Nb:tgsgors, for themselves and their hein. leqal represents!ives, suaeuon and suiyns. Ixreby jointly and severally coven~nt and agres ~ to a~d with fhe said MORTGAGEE, in successon ~nd assigns; 1. To p~y all and sinpulu the principsl ard interest and the vsrio~s and sundry wms of moneY paYabte br virtw of aid promissory nofe. ~nd rhis mortgsQe eac1~ and eveiy, promptly on the d+ys respectively the same severally become due. 2. To psy all ~nd sirgul~r tF~e t~xes. ~uessments. levies, li~bilities, obliqstioro ~nd enc~mbrances of every n~ture ar+d kind now o~ s~id described ~ P~~nY, w tFut hereahe~ may be imPwed, suffered, plxed, levied. or ~ssessed the~eon, a tMt hersafta may b~ kvied w ass~ssed vpon tFds # age, or the indebrednes~ secured bereby, exh and srery, wF~en dve and payibl~, actord'w+p to law, befae they becwn~ delinqueot, ~nd befor~ ~ny int~a i attaches w ~ny pen~lty is incu~red; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII dE PItOMPTIY SATISf1Ed AND DISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAL L10CUMENT (SUCH AS, fOR INSTANCE, TME TAX RKEIPT OR TFfE SATISfAC71pN PAPfR OfFIC1AllY ENDORSEO ~ OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tF+~ event that any thersof y no1 ~ w~d, tat'siied and discharg~d sa:d MORTGAGEE m~y ~t any time pay the same a any part thereof without w~iriny or ~ffettiny ~ny option, lien, equity or ~ •pht under or by virrue of this mortyaye and the lull amo~nt of c~ch ~nd ercry su~h paymenl sh~ll be irtwnediately dw and payabk a~d ihall bear interat ~rom the date 1F~sreof ~ntil paid at rate of nine pe? centvm per a~num ~nd toyether w~th such int~rpt shall 1'~ rht t~q~t~i p~wqtp~, ~ ~ a~~~J PACE 6 4 - ~ 4~ _ : Y~ v -