The URL can be used to link to this page

Home My WebLink About0580 7~ 15th MaY - A.u. ~9 73 b.tw.«, THIS INOENTURE. Mad~ tl+~ d~y of _ Milton N~. Patrick~ Sr, and Janice P. Patrick~ his wife of St. Lucie ~ County Florida, FwninaffK designated ~s tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE. • corpora~ion or~anised ~nd exiitinp unda tM laws of tM U~ited Stata of Ame~ic~ u?d havlnp its principal pl~c~ of buun~ss in th~ Clty of Fort Pi~rc~. St. luci~ Counry. Florida, Mninafier deiipnated as tM "MORTGAGEE.•, WHEREAS ?M MORTGAGOR b jvatly indtbt~d to tM 1NORTGAGEE in ths sum of ~ 22 f`7~~00 pood and lawful money of the United Statet ~dvanced by the MORTGAGEE unto tM MORTGAGOR. +t evidenced by • certai~ promiuory tat~ of even d+te herewith, of which the followinp tn i wads ~nd fiywe~ b a frw copY. to-wit: j ~ 22~700.00 ' r~ay ' . Fort Piercs. Fluida. 19 ~ For value received, 1, we a eithe~ of us. promix to pay, without defalcation, to the order of fIRST FEOERAL SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE af Fort Pierce, fbrida, the svm of s 22 with interqst (rom date at the rate of ~96 pe+ +nnum, in monthly insfalb ments as follows: = 221 ~OO on the l~th day of `July 1q 73 and a like sum on the cwresponding day of each month therr ~ after until thc whole be futly paid. i Esch ins~allment first shall be applird in payment of the interest and fF~en on the u~paid balance of the prirxipal sum. If default is msde in the ~ payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining = ;nstallments shal) be due and psyabte at once. Privilega is given to prepay this note in whole w in pa?1 at any time without penalty. Neither faebearance, ~ nor aueptance by the holder thereof after any default in ~ny payments hereon, shall be deemed extension. A late payme~t charge of ~11~OS ~ added to each installment remainirg ynpaid 7 days afta its due date, and a like sum shall be added to each such installment remaining uopaid 7 dsys afta? each s~tteeding payment dste. Each maktr, surery and endwser hereof, jointly snd severally, waives demand, presentment protest and notice of protest for nonpayment, snd further agrees to any extens'an of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a ~ reasonable attwney's fee in the event oF any defa~lt Fxrevnder, and hereby severally waives all benefit of homestead and exemption under the constitution and lav~n of each State of the United States, as against this obligation w sny exteasion o? renewa~ hereof. Witness the hand and seal of each party. . • (SEAu ' s/ Milton W. Patrick, Sr. ~ ~ cs~?u ~ s Janiae P. Patrick ~ 34.05 ~ Stste Reverwe (S~a~oM-M~plbd. «r«isiwal.wMa ' NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of ssid sum of = 22 ~ 7~ ~nd the perfwmence of the q covenanri and agrecments hereinafter expressed, and fw divers good snd valuable considerations, by these presents, does grant, bargain, selt, rem;se, ; relsase, convey and confirm unto tFK MORTGAGEE, ib succeuon and +ssign~, all that certai~ bt, piece or pucel of land, situate, lying, and being in the s County of St. Lucie , and Sute of Flwida, dewibed as fdlows: The South 5 feet of Lot 6 and all Lots 7 and 8, LESS the West S feet for 33rd Street right-of-way~ Block 3, WYLDWOOD PARK SUBDIVISION, as per plat thereof on file in Plat Book 5, page 54, of the public records ~ of St. Lucie County~ Florida. ~ f ~ i ~ t I a ~ ~ D ~ ~ ~z o ~ T MENTARYF, ~LOR~pq 1 Ra~ o~~. y IN PAYNEM OFTI~ ; N~ t- Df RE1?E~ rA 11A Q T A X ANGIBLE PE~SOi~t.~l PP.OPERi`!. ~ ci ~ Pl1RSUANT TO CHAPiER 71-134. ACTS OF 19/1. ~ ' - = _ _ ~ o~ li 02' ~iTl~ 0~ f CIERK CIRqIIT OOURTroSi. UlC1E 00., FLA ~ ~ !~gether with all a~d i+ny~l~r the tenements, hereditaments and appurtsnces thereunto belonging or in anywise sppertaining therero, and all rents, iuves. proceedf ~nd profits acauing snd to accrue from ss3d premises, all of which are inclvded in the above ~nd fwegoing descripYan and hakxnJum. , TO HAVE ANDhe=HOlO the above desvibed and granted premius unto the said MORTGAGEE, iri successon and sss'gru fwever. Md tlr said MOR?GAGOR for t ir hein, executors, administraton and assigns, hereby covenants with the ssid MORTGAGEE, iri waessors and ~ssiyiu. ihat theY are Iawfu~ly uized of the said p~emises in fee iunplr, that the same aro free, clear u~d discharged from ~II 1'~ens a~d encvm- brances in Iaw w io equity, and that theY will and their hein shall wsrrant and defend the title to the same to the wid M~RTGAGEE, its successors and auigns, fwever sgainst the lawful claims snd dem+nds of all persa?s; • PROVIDEO, ALWAYS thst if the MORTGAGOR shall psy vnto the MORTGAGEE the promissory note hereinbefore destribed and sh~ll truly, promptly ~ and fully perfwm, diuharge, execute, compkte, comply wi~h and abide by each and every the stipulations, agreemenn, condiiian and coveo+nts of said ~ promissory rate snd of this Mortgage, then this Mwtgsge and t!x Estate hereby neated shall ceue and be rwll +nd wid. IT IS UN~ERSTOOD thst tFM word "Mortgsgw" whether in the singular or plwal snywhere in this Mortgsge, shall be singulu if one only ~nd t..? ahall be plursl jointly and sevnally if more than one, and that tF~e word "their" as used anywFrore in thit Mwtgage shell be tsken to mean "his," "hen," or "in;' wherever the context w implies w admits. Alw, thst wherever there is a reference in the covensnts ~nd agreements herein contained to any of rhe parties hereto, the ssme shall be construed to mesn as well ss the heirs, kgsl rtpresentatives, successon and auigns (either voluntsry by scf of the ~ parties w involuntary by operation of the law) of the same and that the covenanb herein contained shall bind and the benefiri snd advantsyes inure to the respective heirs, kgal representatives, succeswrs and au~gns of the parties hereto. ~ And said Mo?tgagors, for :~emselves and their lxirs, legal represeMatives, successon and auigns, hereby jointly and sevaally covenant snd syree ~ to and with the said MORTGAGEE, its succeuors end sssgns: ~ 1. To pay all and sirgvl+r the pri~cipal and interest snd the various and sundry sums of ma~ey payable by virtue of said promiuory note, and this ~ mwtgage, each and every, promptly on the dsys respectively the same severally become d~re•- 2. To pay all u~d singular 1he taxes, assessmenn, levies, lisbilities, obliyaYwns and encumbrances of every nature and kind ~ow on said desuibed property, w thst hereafter may be imposed, suffered, placed, kvied, or ~uessed therea+, a that heresfter may be levied a assessed upon this Mort~- ~o age, a the indebtedneu secured hereby, escF~ ard every. when dve and paysble, accordinp to taw, befae they become delinquent, ~nd befwe s~y interes~ o°~ attaches or sny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIE~ AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAl.00CUMENT (SIKH A5, FOR INSTANCE, TME TAX REtEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED ~ OR CERTIFIED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN bAYS NEXT AfTER PAYMENT; and in the evcnt that any thereof is not ; paid, sat'sfied and disthsrged sa;d MORTGAGEE may at any time psy the same or any psrt thereof wit!?ovt waiving w affecting sny option, IiM, equity a •~~ht under or by virtw of this mortgage and the full amount of each ~nd every such payment shalt be immediately dve a~d payabk and shall bear i~terest ~ror., the d~te thereof until paid ~t rate of nine per centvm prr annum and toge~her with svch interest shall be secured by the lien of th:s morgtage. -.:x: i~ F~,~ ~~r~ _ ' ~ ~~~.~~as;~,~_ - ~~'g" 4=~"~ s-~~." - - _ _ _ -~t.-a,~