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Home My WebLink About0038 . 254161 4 THlS IMDFNTURF, 1N~d~ tM ~ 8th day of ~1~ ~ ~ A.D. 19~~ behveee~ Clarence S. Saart arid Msry B. Stiart, Ais wife of St • LL1Cie Cou~ty Florida, hNainafte~ desig~ated +s tM "MORTGAGOR," snd FIRST FEDERAI SAVINGS AND IOAN ASSpC1AT1pN OF iORT PIEIKE, a caporation orpanized and ~xisrinq unde~ tM laws of tM Urtited Sut~s of Ankric~ +od Mvinp in {xincipal plat~ of businas in tM City of Fat Pitru, St, luw Counry, florids, her~ir+afte~ deiipeated u th~ "MORTGAGEE." s WHEREAS t!» MORTGAGOR is j~ntly indebt~d to 1he MORTGAGEE io the ium of : 6~'N•~ , good ~nd lawful money of the United States advanced by ~he MpRTGAGEE unto ths MORTGAGOR, as evidencad by a ce~fain promiuory note of aven dite herewith, of which the following in words and fiyures is a trus copY, to-wit; s 6~500.00 ' 10019835 Forf PIKa. F~wWa. ~Y 8 19?~ Fw valw received, 1, we w eithe~ of us, promisq topay~ w~t~hout defalcation, to the order of FIRST FEDERAL SAVINGS AfVD LOAN IiS50C1AT10N OF i FORT PIERCE at Fort Pierce, Flwids, the sum oi = ~~~V~~' W with interest irom date at the rate of g LQ96 pe~ annum, in monthiy install- ments as foilows: t 65•~ on the lOth day of J~~ , 19~_ and a like sum on the cwresporxl~n9 day of each month therr after until the whole bs fully paid. Each instatlment first shall bs applied in payment of the inte~est and theo on tAe unpaid balance of the principal sum. If default is made in ths paymeM of a~y insta~lment when due, and sucl? default continves 30 days, then at the option of the holde~, and without any other nolice, a!I the remaining ~nstallments shall be due and payabte at once. Privilega is given to prepsy this note i~ whole or in part af any time witho~t per?alty. Neither forEbearu~ce, nor acceptance by the holder thereof after a~y defauh in any payments hereo~, ~hall be deemed extension. A late paymcM charge of s 3- 2~ti~11 be ~ added to each installment remaining unpa"d 7 days after ib due date, snd a like sum shall be added to each such instaUment remaining unpsid 7 days aftcr each succeedir?g paymenf date. ~ Esch maker, surety and endorser he~eof, jointly and severally, wsivea demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extens'wn of time of payment, either before a after maturity, without notice to any of vs; and to pay aN costs of collection, includ7ng a reasonable attorney's fee i~ the event of any default hereunder, and hereby severally waives all benefit of Famestead and exemption unde? the constitution and laws of each State of the United States, as agai~st this obligation a a~y extension or renewal hereof. Witncss the hsnd and seal of each party. a/ Clarence S. Saart ~ ~U cs~Au cs~?u } ( 9• 75 ) State Revenue s< aL]r B. SSaY L NOW, THEREFORE, the MORTGAGOR for the purpose of secv?ing psyment of said sum of i 6~ r~'~ , and the perfo?m+~ce of th~ covenants and ag~eemenb F~ereinafter expressed, and fw diven good and vsl~able considerations, by these preaents, does grsnt, bargaio, sell, remise, rekase, convey and confirm unto the MORTGAGEE, its succeuo?a a~d auigns, atl that certain lot, pieoe w parcel of land, situats, lying, snd beirg in ths ~ County of St. Li1C~ end State of Florida, described as follows: $ 4 Lot 13~ Block 71, I,AKBWOOD PqitK StBDIVISION, WIT # 7, as per plat ~ thereo! on tile in Plat Book 11, Page 13, of the Public Records of St. Lucie County, Florida ~ ~ ~ ~N oF F SpMPDA~ . 1 ~ flo ~~a~1yEnuR / ~ ~ 9, ~ 51 OE ~ ~.i.t t4'13 i' ~ z ~ G ~ % jn P.B- t ~ ~i,1..2 ~ • ~ ~ ~K PAYF.SENT OF TAXE'S QUE OM CLA$g 'C INTA;:GtBLE : E;.;.c ;1 ?._0:'F81Y, PURSUANi TO CNAPIER 71-131, ACTS OF ly/1, ~ ' ROGER r01TRAS ~(j~Y~ C1~RK CIR(~1R Ot?URT, ST. WCfE Flq, ~ l ~ ~ ` ~ I f ~ ~ together with all and singular the tenements, her~tamcnts snd appurtances tfxreunto belonging or in anywise sppertaining theroto, and all renn, iuues, ! proceeds and profia acuuing and to acvue from said premius, alt of which are incluJed 'en fhe above end foreyoing dexription and halxndum. E j TO HAVE AND TO HOID the above described and g?anted premises unro the said MORTGAGEE, iri suaeisors and ~uigns forever. Md tFw wW ~ F MORTGAGOR for their lxecutors, sdministrotws and suigns, hercby covensnts with the ~aid MORTGAGEE, its svaesson a~d asiipns, 3 they a re ~ ~ ~har lawfully xized of the said premises in fee simple; that the s+me are free, cie+r and d'ucharged itom all lien~ and erxum~ E brances in law or in equity, and thst they will end thQir hein shall wsrrant and defend the titls to the same to tbs wid ~ ~ MORTGAGEE, its succeuors ar~d auigns, faever against the lawfut clsims and demsnds of alt perswy; - s PROVIDED, ALWAYS that if the MORT('aAGOR shail pay unto the MORTGAGEE the promiuwy rate hereenbefwe destribed and th~ll truty, promptly ~ and fully perform, dixharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditipu ai+d cov~nanri of said ~ promissory note and of this Mwtgsge, then this Mortgage and the Estate hereby ve~ted st+a(1 ce~se and be nult snd vaid. ~ IT IS UN~ERSTOOD thst the word "Mortgsgor" wheti,er in the singula~ w plural snywhere in this Matgaqe, sl+all be singvlu if one only and ' ~ shal! be plursl 'piatly snd feverslly if more than one, and that the wwd "their" ss used anywhere i~ this Mwt~sge shall be taken to mesn "F~a;' "hen;' t or "its;' wherever the context so implies w admits. Also, that wherevcr there is s refaence in the coven~nts and agreemenri herein contsined to any of F the psnies hereto, the same shsll be construed to mean si well as the hei~s, kga! representatives, successon and auig~s (either volunbry by sct of the i panies or imrduntary by operaYan of the Isw) of the same sod that the covensnts herein contsined shall bind and the benefiri sod advantagp inws = ro the respective heirs, legal representstives, succesiws and ass~yns of the psrties heroto. ~ ~ And said Mwtgsgon, fw themutves and their heirs, legal ~epresentativd, successws and auipns, F~ereby joiMly and severally wvenant ~nd apree ro and wifh the said MORTGAGEE, its successors and auigns: ! 1. To pay all sod singular the prirxipal and interest and ti~e vsriovs a~d sundry swns of rtwney payable by virtue of said : promissory note, a~d this i mortgsge, each and every, promptly o~ the days rdpectivety the same seve~aHy become dve. - ~ 2. To pay ~tt and sinpvtsr the tsxes, assessnrenn, levies, liabilitiei, obligations a~d encumb~nces of every natute ~nd kind now o~ said desvibed ~ Property, or th~t hereaifer may be impwed, suffered, plated, levied, or astessed thereo~, w that heresfter rrNy be levied or ~ssessed ~pon this Mort~- age, w the indebtedness aecvred he?eby, esch and every, when due ~nd payabk. sccordiny to law, before they becane delinq~ent, a++d before amr lnterest atraches or any penalty is incurred; AND INSOFAR AS aNY THERfOf IS OF RKORD THE SAME SHAII EE PROAMTLY SATISFIED AND DISCHARGED OF E RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT (SUCH A5, FOR tNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENOORSEO f ~ OR CERTIFIED) SHALL BE PtACEO IN THE HANOS Of SAID MORtGAGEf WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ~hat any thereof is not ~ p~~d, saYsfied and discharged sa:d MORTGAGEE may st any t~me paY tF?e same o~ +ny part thereof withovt waivi~g w af~ectinp sny option, lien, eyvity p •~aht under w by vinue of ti:~s mortgaye sr+d the full amoum of esch and every s~ch payment sMall be immed'utely due and payabk and shall bsir intersst 3 E~om rhe date tlrcrcof until paid ~t r~te of n~ne per centum per an.~um and toyether w~th wch interest ~halt be v ed tM lien of th's mo?9tay~. ~ ~ ~t~14 ~ . ~ ~ ~ - ~ ~ ~ ~ ~r~~'~- s _ ` v~~a