The URL can be used to link to this page

Home My WebLink About1656 ~25532~ Y THIS IN~ENTURE, N4~d~ ths 26tb da f A ri q_p, ~q T3 _~et„„~ ` Robert D. ~cb~Ql and Val~r e L. M cba~l, bis a~if~ ~ ~f St~ ~ Gounfy Florida. hsreinaftN desiqruted ~s tM "MORTGAGOR;' and FIRST FEDERAI. SAVINGS AND IOAN ASSpC1AT10N Of FORT P~ERCE, ~ cwporation ay~nized u~d existinp unde~ tM laws of t!w United Sfa~a of Amerks ar?d Mvlr+p ib principal pl~ce of bu~inps in tFN City of fat PiKU, St. luci~ County,.florid~, I~eioaflK desiynat~d as tM 'NWRTGAGfE." WHEREAS tF» MORTGAGOR is jwtty i~dsbt~d to tM MORiGAGEf in ths ~um of ~ ~5~~~ pood snd lawful money of the Un~ted States advanced by ths MORTGAGEE unto the MORTGAGOR, ss evidenced by a cenai~ pranissory note of even data herewith, of which tha followinp in wadi ~~d figvres is • trw copy, to-wit: :2d 0 N, 10019773 Fort Pierce, Flaida, ~?Pril Zb 19 73 For valve rece+ved, we w eilher of us, promix to psy, without defalcation, to the wder of FIRST FEDER/lL SAVINGS AND IOAN ASSOCIATION OF FORT PIFRCE at fpt Pierce, Florida, the sum of s ~ ~~0~ ~ with interest from date ~t the rate of 7~ S 96 per an+urt?, in rtwtNhl~ ins?at~- ~ ments as fo~lows: = 182 cn the 1~Z1 day of ~t~~r , 19 73 ~~d a like sum on the cw~espo~ding day of each month there- r after until the whole be fully paid. r: ~ Each installment first sha(1 be app~ied in payment of iM interest ~nd then on the unpaid bslante af the principal sum. If default is made in the pnyment of any i~staltment when d~e, and s~ch default tontinues 30 days, lhen st Ihe optan of the holder, and without any other ootice, all the remaining ~nstallments shall be dve and payable at once. P~ivilege is given to prep~y this ~ote in whole w i~ pan sf ~ny time without penalty. Neither fwebearance, j~ nor acceptance by the holder thereof afte~ any defauh in any paymtnts he~eon, shsN be deemed extension. A late paymenf tharge of 1O shall be added ?o each ins~allment remaini~g vnpaid 7 days after in due da~e, snd a like sum shall be added to each such installment remaining unpaid 7 days after ~j each succeeding paymmt date. Each maker, su~ery and endorse~ hereof, jointly and uverally, waives demand, p~esentment protest a~d notice of protest ~or no~paymenf, and funher agrees ro any exfensiw~ of time of pa~rmen/, eit}+er befwe or after maturity, without notice to any of ~s; and to pay all cests of collection, including • reasonable atto`ney's fee in the event of any'default hereunder, and hereby severally waivp all benefit of homestead and exemption ur~er the constitution and laws of each State of the United States, as againsr this obligation or any pxtension a rcnewal heieof. ~ Witness the hand and ual of each party. ~ ~ s/ Ro D ~ _ (SeAU s V erio L M ~q ~ [ $ ~ ~ 75 ) State Revenue ' ~U ~ (S+~r+p+w~IW.o~~p'v~Lawe) • t-a NOW, THEREfORE, the MORTGAGOR fp the purpose of Lecuring payment of sa~d sum of = Z4 ~ S~~ ~ ~nd the performance of th~ \ covenants and sgreements hereinafter expressed, and ta divers good and valuable considerations, by thess presents does grant, baryain, sell, ~emise, release, convey and confirm ~nto the MORTGAGEE, in successors and ~uigni, all that certain lot, pieoe or pucel of I~nd, sitvate, lying, and beinp in the Co~nty of St• j't1Cie and Stste of Florida, dexribeu ~s tollows: . ~ iAt 11~ Block 32I6~ PORT ST. LUCIB - FIARBSTA PINBS, UNIT 1~ 35; aa per plat thereof ore file in P1at Book 16, Pa?g~s/35A; 35B, of the Pnblic R~cosds of St. Luci~ Connty, F1oYfda ; i 6 ~ ~ ; ~ S A ~~..ORIDA ~ ~ DOCUMft+KAtt1f StAMP TAY j ~ DEPI. RE~fN!!E _ ` ' ~r N t ; _ _ P~ ~ ~rt<•~a ; ~ ~ 3 6.15 ~ , ~ ~ o ~ 1t102 ~`*.w ' ' IN PAYMEM ~ i . ~ ~ ~ ~C INIANGIBtE PERSOn.11 PROPEani . ~ . p~~NT 70 CF1APiER 71•134. ACTS OF 181L ~J R06ER !'OtTRAS ~ pfR1( CIRWti OOl1R1a ST. L11CfE ~ i i i j together with sll snd singular fhe te~xmenb, hereditaments a~d appurtances fhereunto belongirg w in anywise ~ppeAaining the~efo, and all rMri, issues, ~ proceeds snd profits acvving and ro scuue from siid premixs, all of wli~ are included in the above and foreyoing dewiption and habendum. ! TO HAVE AND TO HO the sbove described and g~anted premises umo the s~id MORTGAGEE, its soccesson and auigns fwever. Md th~ s~id ~ E MORTGAGOR far ~ne~r - hein, executon, adminiatratws and auigru, hereby cove~ants with the said MORTGAGEE, its successps ~nd usipro, i i thet tbey ar! ~awfully seized of the said {xemises in fee iunple; that tf?e ssme ~re free, ckar and discharged from al! licru and encwn- ! brances in law w in cquity, and ths~ th@y will and ~eiY hein shall warrant and defend the tifle to the sams to the s~id ~ MORTGAGEE, iri successors snd issigns, forwK sgsinst the lawful cbims and demsnds of all penons; PROVIDED, ALWAYS thst if ~he MORTGAGOR shall psy uMO the AhORTGAGEE the promissory ~ote he+einbefwe described and sh~ll truly, pramptly ~ and fully perfwm, discharge, execute, compkte, tomply with and abide by each and every 1Me stipolatioru, ~greemenri, conditions and covenanfs of said = promfssory rate anr oi tbis Mortgsge, then this Mwtgage snd the Estate hereby aeated shall cease and be nvll and wid. IT IS UNDERSTOOD that fhe word "Mwtgsgor" wfiether in the singular or plur~l ~nywhere in this Mortgage, shall be singular if one only ~nd shall be plurel joiMly ~nd severally if more than one, snd that the word "their" ss used anywhere in fhis Mortgage shall be tsken ro mea~ "his:' "hen," ~ i or "ih;' whe:~ver the context w implies a admits. Also, that wherevn there is a reference i~ the coverNnts and agreemenri herein coMained to arry of Ti ~ ; the parties hereto, the same shsll be construed to mean ss well ai'the heirs, kga) representatives, successon and sstigro (either voluntary by ad of t6e ~ parties or involuntary by ope~aYar. of the Iawj of the same snd that ~he covenants herein contained shsll bind and ~he benefin snd sdv~ntayes invr~ ~ j to the respettive hein, legal represent~tiva, successors snd au~gns of the p+rYies hereto. ~ ? j Md said Mortgagws, fw thcroselves snd their hein, legal reprexnlatives, successors and suigro, hereby jointly and severally tovenant and a9ree ~ ro and with the said MORTGAGEE, its successo~s and assigns: ~ 1. To psy all snd singular the ptirKipaf ~nd interest and the various and sundry sweu of money psyable by virtue of said promissory note, and this ~ ~ mortgage, each and every, promptly on the dsys respectively fhe same severally become dve. ~ ~ 2. To pay sll and singulu the tsxes, ~ueurt~enn, lev'ies, liabilities, obligatiores snd encvmbrarxes of every nature and ki~d >ow on said deuribed °CG € property, p thst hereafte~ may be imposed, suffercd, plxed, levied, or suessed thereon, or that hereafter may be lev+ed a assessed ~pon this Nbrt~- . age, a the indebtedneu secured hereby, esch snd every, when due and payable, sccwding to law, before they become delinquent, and before any intaest attaches or any penalty is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATtSflEO AND OISCHARGED Of RECORC AND THE ORtGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATI$fACT10N PAPER OffICIAILY ENDORSEO ~ OR CERTIFIEv) SNAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event that any thereof is not ' paid, s~t:sfied and discharged sa:d MORTGAGEE may st any time pay the same or sny part thereof without waiving oi affecting any option, lien, equity or ' .iqht vnde~ w by virtve of this mortgage and the full amwint of each and every iuth payment shell be immediatety due and payable and shall bear interpt ' ~rom tFro date theteo} until paid at rate of nine per centum per annum and together with such i~terest shsll bt xcured by the lien of tb:a mor9ta9e. i ~ ~ ~ : ~~a~ ::~x .c-~~ " = - . _ ~ _