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Home My WebLink About2035 25342~ TNIS INDENfURE, /Wd~ tl» 27th ~Y of April ~.o. 19~~ bNweN+ Dennis Coabs snd Hatti~ Co~bs, his wito - . of St • 1'1~ iQ Covnty Florida. M?~inaft~r dsiiynated ili 1M 4'MORLGAG.OR ~nd ~FIRST FEOERAI SAVINGS ANO tOAN ASSOCIATION Of FORT PIERCE, ~ cwporation oryaniud and ~xatinp undK t!» laws 'of tM Unit~d St~tt~ of Am~~ic~ and Mvirq iri principal pl~c~ of busin~ss in tlw City of Fat Piera. 51. luw Couny, florida, hK~inaftK de~iynat~d u tM "MORTGAGEE." ~ WHEREAS tM MORTGAGOR a iwtly ind~bt~d ro th~ MORTGAGEE ie the sum of = 19~~~'~ good +nd lawful money of the Un~ted . S~atas adv~nced by th~ MORTGAGEE ~nro the MORTGAGOR, as evide~ced by a csrtain promisswy note of av~n date herewith, of which ihe followinp in ~ wwds and fgvres is • trw copy. tow~r. 10019780 =1 9~ 0 0 0. 0 0 ~ Pk.c.. F~o.~d.. April 27, ~ ~y 73 ~ Fw vslue ~eteived, 1, we or either of us, promise to p+y, without defs!cation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at fort Pierce Fbrida, the sum of =19 with interesl from date a1 the rate of 8•~ % p~ ~^~hly install- ~ ments as foltows: =159 on the 1Othday of '1~@ . 19 73 and a Itke sum on the care~pond~ry daY ot eacA month there- after until the whole be fully paid. ~ ~ Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prindpal sum. If default is mado 1~ the ~ paymeM of any installment when due, and such default continues 30 days, then at the optan of the holder, and without any other notite, all the rtmaining \ installments ihall be due and payable at once. Privilege is givm to prepay this note in whole w in part ~t any time wi~hout pe~wlty. Neitlr~ to.ebcaranoe, i nor acceptance by 1he holder thereof after any default in any payments Ixreon, sl?all be deemed extension. A late psyment charge of S~•95 shall be ~ added to each installment remaining unpsid 7 days after its due date, ar?d a tike sum shall be added to each such installment remaining v~paid 7 days after ~ ~ each tucceedi~g payment date. ~ Each maker, surety and endwser hereof, jointly and uve?ally, wsives demand, presentme~t protest and notice of protest for nonpaymenL snd further ` agrees to any exteosion of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of coi~ection, including a reasonable attorney i fee in the eve~t of any defau~t hereunder, and he~eby severally waives atl benefit of homestead and ezemption under the constitution ~ and law~ of exh State of Ihe United States, as againat this obtigation or aoy exrension or renewal hereof. Witness the hand aod seal of each ps~ty. ~ ts~?u ~ s/bennis Conbs (s~?U cs~?u ~ s/Hattie coabs ~ ~ ( ~ 28 • 5~ ) State Revenue csra~nps enKemdveu+g+e.r nvn~ 19 000 00 ~ PtOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of t ~ • and the performsnce of the covee?ents and agrnemenri hereinafter expreued, snd fw divers good snd v~luable considerations, by these presents, does grant, bargain, sell, remise, ! ~ retease, cw~vey and confirm unto the MORTGAGEE, its tuccessors and suigns, sll that ce?tain bt, p'~ece or parcel of Isnd, tituate, lyi~g, and being in ths ' County of St. Lucie and State of fbrida, dewibed ~s followa: ~ -L Lot 10, Block 31, RIVBR PARK SiBDIVISION, t~ilT 3, according to a plat thereof E F on file in Plst Book 10, page 80, public records of St. Lucie County, Rlorida, . ~ ; 1 . . ~ i S oFrF1~ORIt7A ~ ~ e,= p_~vMEN_TARY - STAMP tA X ~ ~ °s-~ ~EPT.Oi REYEN~ - ~ i ~ ~ - _ =~Y.~~s= =L8.50~ ; ~ ~ ~ f o ~ i~~ot ~ SI~ ~ ~ ' . u IN 4A'fM1E~~7EA1`i, ; 11ttN~'181f ~ 1y11.~~~ ~ ~ ~dA~~ ~~ER 71-1~~~ fV?. # ~~1f1~N~ ~0 ItpGER pSt. 11J~1E rA, CII~~j 1 together with all and singvlar the tenements, hereditamenb and sppu?tsnces thereunto belonging a in anywise appertaining thereto, ~nd all renri, issues, proceeds and profiri acauing and to acvue from said premises, all of which are included in the above and foregoing description and hsbendum. TO FfAVE AND TO NOtD the above desaibed and grsnted premises unto the said MORTGAGEE, its successors and ~uigr+s foreva. Md tFM said ? their MORT~AGOR fw - heirs, executort, sdministrato?s and assigns, hereby covensnts with the said MORTGAGEE, its suae'ssors and ~aipm, ~ rhatL @j/ are ~a~~i~y xized of the w~d prenuses in fee simple; that the ssme are free, desr snd diacFwrgcd from ell liens and encu~ { brarxes in law a in equity, and tha* they W;~~ .,,d their heirs sh~ll wsrrant s~d defend the tiNe to the sams to the said ~ MORTGAGEE, its successo?s and assgns, fwever against the lawful claims and dem~nds of sll perwns; ; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGACaEE the promistory note hereinbefwe dewibed and shall truly, promptly ? an~ fully perfwm, discharge, execute, compkte, comply with and abide by esch snd every the stipulations, agreements, conditwra ~nd covenants of said promissory note and of this Allortgage, trien this Mortgage snd the Estate hereby aeated shsll cease and be nutl and void. IT IS UNDERSTOOD fhsf the wwd "Mortgsgw" whether in tF~e singvlar w plunl anywhere in this Mortgsge, ahalt be sirgul~r if one only ~nd shall be plural jointly and severaliy if more tMn one, and that the word "their" ss uied anywhere in this Mortg~ge shall be taken to mean "ha;' "hen," or "its;' whereve~ the context w implies or admits. Also, that wherever there is a reference in the coven+~ts snd agreemen» he~ein contained to any of the pa?ties hereto, the ~arne sFull be construed to mean as well as the heirs, kgal represenatives, s~ccesson end auigns (either voluntary by act of tM parties a involumary by operation of the law) of the same and that the covenants herein contained shall bind and the benefib and adwntagd 'uwn ro the respective heirs, kgd represcntatives, successors and sss~gru of the ps?ties hereto. And said Mwtgsgors, fw themselves and their F~ein, legal representatives, successors ~nd auiyns, hereby jointly snd sevaally toven+nt ~nd ayrae to and with the iaid MORTGAGEE, its successors and usgro: 1. To pay all and singubr tF?e principal and iroerest and the vsriovs snd sundry wms of rtaney payable by virtue of said promissory note, and this mortgs~e, e+ch ~nd every, promptly o~ the days rdpepively the same severally become due. ` 2. To pay sll ~nd sing~tar the taxes, assessmenn, kvies, liabilities, obligatiau and encumbru~ces of every e~sture ard kind raw on said described property, w tt~af hereafter may be imposed, wffered, pl~ted, levied, or asfessed thereon, a tMat here~fter may be levied o~ ~uessed upon fhis Morf~ f ~ age, w the indebtedness secured hereby, each and every, when dw and pay+ble. xcordirg to uw, befa~ they become delinquent, and befas any intaKt € attathes a any pe~alty is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAtI SE PROJNPTIY SATISFIED AND DISCHARGE~ OF i RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION P/1PER OFfIC1AllY fNDORSED ? OR GERTIfIED) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evsnt that ~ny thereof is no~ t paid, saYSfied and dixharged u:d MORTGAGEE may at any timt pay the same a any p+rr ~hereof withovt waivirg a affectinp any option, lien, equity W ~ •~qht under a by virtue of this mo~tgaye and the full amaunt of each and every wch payment shsll be immediately dve ~nd payabk and ~hsll bear intsrest { ~rom Ihe d~te thereof ~ntil paid at ra~e of ~ine per centum per annum and toQefR w~lh iuch interett ~MII be tecured by 1he lien of fh:s morytayt. 6UG~ ~~J P„~E ~,UcJ~ _ _ . . : - r ~ - ~ = - -