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Home My WebLink About1204 255U33 4r THIS INDENTURE, M~d~ ~h~ 16th d.y of May 19~3, b.nn.~n ~ a Flo=ida Cor,r~ration of ~~t- e . Cov+?ry florida, heninait~r dqynattd ~t tM "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN /?SSOCIA?ION OF FORT PIERCE. a corporatan oryu?ised ~nd ~zittinp undtr th~ (aw~ of th~ Unittd St~t~s of Am~tka ~nd h+vinp fn priocipat piaa of bwtMU in tM Clty of Fat PiKU, St. Luci~ Couoty. Ftorida. laretnaht~ d~synand ai tM MORTGAGEE." WHEREAS tM MORTGAGOR Et jv~tty Ind~bttd to the JNORT(`aAGEE In 1M sum of ~ood ~nd I~wful ma+~y of 1M United St~t~s ~dv~nced by tM MORTGAGEE unto the MORTGAGOR, ss avide~ced by s certain promiuory ~ot~ of ~ven date herewith, of whrch the fdlowing in word~ ~nd fi~vres is a tru~ coPY, fo-wh: t 23 a.0~ • ~ ~,~,10019865 Fort Pbrc~, Flwida, ~1d.?T-l(~ 19~._ Fa valw receivsd, I, we a either of us, promise to pay, without defalcation, to the order of FiRST FEDERAL SAVINGS AND LOAN ASSOCIA710N OF FORT PIERCE at Fort Piace, Florida, ehe sum of = 2~~ QQ(,1.. ~ with interest from date ~t the rate of u[~16 pe~ annum, in monthly install- nunts ~s follows: = Z7d~~_ on the _IQ.~~y of Tul v ~q7~_ ~ Iike sum o~ the cwre~ponding day of escF? mo~th~therr after uMil the whols be fully paid. Each installment fi~st sAali bs ~pptied in p~yment of ths intereit and then on 1hs ~npaid balance oi the princ~pal sum. If default is made in ths paymeN of a~y instalimeM when dve, a~d s~xh def~uh continues 30 days, then at the optio~ of ths holder, and without any othe~ notice, sll the remaininy installments sMll be due a~d payab~e at once. Privilege is ~ive~ to prepay this rate in whok w i~ parf st any tims without psn~lfy. Neilher forebearsnte nw acceptante by the holdc? the?eof after any defauh i~ any psyments hereon, shall be deemed extension. A Iste paymcnt cF?srge of f.8 _ 7~ sMll bs added to each installment ~emaining uopaid 7 days afte? ln dw date, and a like sum shall be added to each such installment ~emaininy unpaid 7 days afttr each tucceading payment date. Each makc?, surety and erxlorser hereof, jointly and xverally, waives demsod, presentment protest snd notice of protest fw nonpayment, and P~rther agrees to sny extcnsion of time of payment, either before w aftcr maturity, without ratice to any of us; and to pay all msb of collection, includirg a reasonable attorney i fee in tha event of any dofauh hereunder, and here6y ieverally waives all benefit of Famettead and sxemptio~ under the cautitvtion and laws of each State of the United States, as against this obligatioe p sny eatension a renewal t?ereof. w~t~ess the hand a~d seal of each pn?ty. BACKUS ENTERPRISFS ~ INGORPOR~ITED ~ ~ Corporate Seal Affixed BY;s/.7essie ga~k~c c;.~h~a. ~ President ~U ATTEST : slFreder? ck R~-k~~c .rLh~ _ ~ ~ _ ~ fi34.._5Ct-) srare ttevenve ASSiSta?Ylt SeC]Cetaly . (Sr~w~µwwe~it~d~w ~d •w~t~ NOW, THEREFORE, ths MORTGAGOR for the pvrpoae of securtng payment of aid wm of = 23 ~~0 - and tM psrformance of th~ cavenann and a9reemenq hereinafte? expreued. end for divers yood and wluable tauider~tiwa, by tMse praen», dt,as praal, barys'm, sell, nmise, rekase, conv~y ux! confirm unto fhe MORTGAGEE, its succeuors ~nd sssigns, all that cehain lot, pieu or pucel of t~nd, s~wte, Irin~. and beinp in 1M Counry of St. LQCle , and State of Flwida, d~wibed ~s fdlows: Lot 33, Block K, MAR,AVILLA FSTATES SUBDIVISION, according to the plat ~ thereof recorded in P2at Book 8 at page 77, of the Public Records of St. Lucie County, Florida, . ~ [~R~~~ 1 - o~ ~t A~p 1 ~ "t ~ ~ytAR ~ ~ ~ ~ ~ . ; ~pC f ~E'R`'~ : 3 ~ ~ - ~ ~ ~,rz~ a~ orr qus ~c ~~~nciB~r~ ~Exr °F noeet ' sc g~' . ~~T TO CHAprE~ 71-13a ~RS~Nu pAOpERfrR ' •o ~ : t~~oi ROGER f01TRAS ~ 1971. i o~ ~LERK CIRqlR COURT. Si. LUCIE Op, ~ I I ~ ~ ~ E i together with all and singulsr the renements, hereditamcnti and sppurtsnces thereuMO belonginy or in snywise apperbininp therefo. ~od ~II rs~ts, ( proceeds snd profin scuuing and to scvve from said prcmises, all of wFiKh s~e inclueied in the above ~nd fwe9oinp description and h~bendum. ! ~ TO HAVE AND TO HOLD tF~e above desaibed snd grsnted premises ~nto the said MORTGAGEE, ib waeuors ~nd ~uipm forewr. Md tM aaW ~ MORTGAGOR for lt~ hein, executors, adminiitratort ~nd asigns, hereby covensnri wiTh fhe said AAORTGAGEE, ifs succesw?s and astip% rhar ~ t ~ S Iawf~ll seized of the ssid pt yed from all Ilens u~d ena+m~ i Y premisas in fee sim e; that the wme am fre~, tkar and d'achar ~ brances in I~w or in equity, snd that ~'t witl and i t~ hein ahal! wurant and defend ths fitle fo th~ s~rn~ to fh~ s~id MORTGAGEE, its succeuws and auigns, forever against the Iawfvl claims and demands of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR :MII p~y unto the MORTGAGEE the promistory note hereinbefote described and shaU truly, promptfy ~ and fully pe?form, dischsrge, execute, compkte, campty with and abide by e+ch and every the stipvlations, apreemenri, conditions -snd toven~nb of s~id prom;sawy note and of tAis Mortgage, the~ this Mortgage snd the Estate hereby peate~l sMll cease a~+d be null and wd. ~ IT IS UNDERSTOOD thst the word "Mort9sgor" whethcr in the sie~gular or plursl anywhere in this Mortyape, shall be sirgular if one only ~ed : shall be plural jointly ~nd severally if more t1Mn one, snd that the wwd "their" as vled ~nywhere in tl~is Mwt9aye shafl be bken to mean •'hFs,•••'h~rs•, ~ or "iK;' wFierever the contc:t so implies or adm;ts. Also, thst wherever there is a ret~rence in ths coven~nts and s~reemenq herein oonf~in~d to any of O ; the pa.Yees hercto, the same shall be caan~red to mea~ ss well ss the heirs, leyal represent~tives, wuessors and assig~ (either vo(vntary by att of tf+~ ~ periies w imolum~ry by operatia? of the tsw) of the same and thar the covensnts herein contained sF»)1 bind and the benefin and ~dv~~taq~s in~x~ ~ F ro the respective hein, kgsl rep~esent~tives, successors and ass~pra of the puties hereto. s And said Ahortgsgors, fw themselves snd their hein, legal representstives, s~ccestors ~nd assgns, hereby joinHy and severally cove~ant ~~d ~prae `J ' ro ~nd with the s;,iu MORTGAGEE, its svccessors and assigrn: ~ ' n ~ 1. To p~y ~II ~nd sing~tsr thc principsl and interesr and the various and sundry sums of money p~Y~ble by virtue of said promiswry note, and tM ~1~1 mortgsye, esch and every, promptly on tM dsys respectively the ssme severally become due. ~ 2 To pay all and iu+gula the tsxes. assessments, kvies, li~bilities, obliyations and encumbrsnus of every nature snd kind now oa said dacribed _ P~~rtY, or th~t here~her may be impo~ed, suffered. placed, ievied, or assessed fl~ereon, or that f+ersah~+ may be levied or ~ssested upon Mia Mortp- ~c ~ s9e, a tM indebtedness secvred hereby, esch and every, when dve and psyabk, auordiny ro law, befae they becoms d~linqueM, aod b~for~ ~~ryr intaeit °GO ~ attaches w aMr penalty ii inturrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 6E PROAMitY SATISf1ED AND DISCHARGfD Of om ' RECORD A1V0 11iE ORtGINAL OFFlClA1 OOCUMFNT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfIC1AlLY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the tvent that ae~y tF~tof is not paid, sat'sfied and discharged sa:d MORTGAGEE may st any time pay ti~e same or ~ny pan thereof witlw~t waivirp a affectinp any option, lien, eq~ity or •~aht under o~ by virtue of this mortgage and the full amouot of escF and every such paymenf shall be im~+~ediatety due ~nd p~ysb4e and shall bsa~ intKeft ; i~an the date thereof umil paid at rafe of nine per centum ptr a~~um and toyether with such iMerest sMll be secured by tM lien of th:s morytpe. 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