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Home My WebLink About2382 ~ } . 255'743 THIS IN~ENIURE, IWd~ th~ 2qth day of May Ab. 1973 between James R Kinq and Bettv J. Kin~, his wife of St . I.LICle ~~~y F~;~~ ~Q;ry;tK d~agn+ted ~s th~ "MORTGAGOR;' ~nd FtRSi FEDERA~ SAVINGS I?ND IOAN ~ ASSOCI,?lW~1 OF FQRT PlERCf, a capa~tioe~ wy~n;sed ind ~xisrinp unds. tM laws of tM U~it~d Sbt~s of Am~ric~ and Mvinp iq princip~l plac~ of ! b~sin~ss tn tM City of Fwt Pi~ru. St. luds Co~nty, ilorid+. htnir?~htr d~sipnated ~s tiw ° T E:• i WHEREAS tM MORTGAGOR ts j~atly ind~bt~d to th~ MORTGAGEE in tM sum of ~ pood and lawful money oi the Un~ted Srates advanced by tM AAOR1l3AGEF vnto the MORIGAGOR. as evidenced by s certafn p?omissory note of evee~ date he~ewith, of which ths iollowirg in worda and fipures is s trw topY. to-wit: = 33,300.00 ~11000084 . Fo?t P~.?n. f~o.w.~ May 24, ~q Fw value received, I, we or either oi ~s, promise to~ jy, witho~t defalcafion, to the order of FfRST FfDERAI SAVINGS AND IOAN ASSOClA110N OF FORT PIERCE +t fat Pierce, Fbrida, ihe sum o 33 3"" with inter s from date st ths rats og 9f, per enn~m, in monthly irot~ll- menrs as follows: = 2? 9•~ ~ tF~ 1~ day of 'Ju y 19 and a like sum on the corresponcl~ng day of each month there- after until the whole be fully p~id. Each installment ti~st shatl be applied in paym~nt of the interest and then on the unpaid bslsnce of the prindpal sum. If defauh is mads in 1he payrn~nt oF ~oy installment when d~e, arid such defauft continues 30 days, then at the oprion of the holder, and without ~ny other notice, all tFa remair+ing ins?allments shall be due and payabb at once. Privilegs is yiven to prepay lhis note in whole or tn psn ~t a~y time without perwlty. Nei her forebearu~te, i3.95 nw atteptance by the holder thereof after any defautt in any payments hereon, shall be deemed exte+wion. A late payment chug~ of s shall bs added to each instaliment remaini~g unpaid ~ dsy~ after tts dw dats, and a like sum shall be added to each iuch insraUment remaining unpaid 7 days aher each svcceeding paymeM date. Each r?wker, wrety and endorser hercof, jointly and ssverally, waives demand, presentment protest and notice of protett fw nonpayme~t, and f~rther agrees to aoy e:tension of time of paymeM, either befwe or aher maturity, wifhout notice to any of us; and to pay all costs of wllenion, includinp • reasonabk anomey'a fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the coastitutan and (aws of each State of the United States, as against this obligation w any extension w rer?ewal haeof. Wit~ess the hand a~d sesl of each pa?ty. S/ James R. King ~ S Betty J. King ~U (s~?U ~ ~`49. 95 ~ Staro Revenue ~ ~~i ~~~+~JbXiroK) NOW, 7HEREFORE, tF~e MORTGAGOR for the purpose of setvri 33 3~ . ng payme.M of s+id sum of S ~ ~nd ths perform~nce of ths coven~nls and sgreements hereinsfter expressed, v~d for dive~s good and valu~ble consideraYroro, by these presents, does gr~nt, bar~sin, selt, ~emise, release, convey ~tonfirp~uC 1 e MORTGAGEE, in successors and aue9ns, a!1 rhat «nain 101, piets ot putel of land, sitwtq lying, u~d being in ths County of L ind State of Florids, described as follows: The South 300 feet of the :~'orth 533 feet of the East 300 feet of the East 2 of the West Z of the NEQ of the SW4 of Section 8, Township 35 South, Range 39 East, Together with an easement for ingress and egress on and over a ~trip of land 30 feet wide particularly described as follows, to wit: From the ti'E corner of said East 2 of West Z of NEq of SW4i run South 33 feet; thence West 24.4 feet to the point of beginning; thence continue West 30 feet; thence South 200 feet; thence East 30 feet; thence North 200 feet to the point of beginning. a N 5.~. ~~~OR~ A~ ~ ~ STANIA~AX ~ DOtUMEN ARY ,-.y. ~ ~~~Q - IN PAYMENi OF TIU(ES ~ y - ~ e" DEP QFT RFIIENUE , , DUE ON Cl11SS 'C' INTAN618LE PERSONIAL PROPERIY~ sr N~ ~ pUR~UANT TO CHAP'1ER 71•13t. ACTS OF 1911. 1t.. J'v'~I-!'~3 ROGER roITRAS ^ ~ 11102 ~ Cl~RK CIREUiT CUlIRT. ST. WCIE 00, FlA ' ° • together with all aod si~gular the tenemann, hereditamenh snd sppunances thereunto be{w~yiny or in a~rywist ~pperhinirg tliereto, and ~N rtnts, issues. proteeds ~nd profin acauing and to xwe from ssid premues, ill of wFiKh sre inclvded in the sbov~ and fwayoirg desuiption and Mbendwn. ~ TO HAVE AN TO j10LD the ~bove dexribed ~nd gr~nted premises uMO the said MORTGAGEE, its suaessots and sugnt fortva. Md N+~ said MOg~j^AGOR for ~he1T heirs, executon, ~dministraton and asi ns, her S 11' e y a Z e ~g cby coven.nn wirh rhe said MORTGAGEE, its wa.eswn snd a~sipro, ~hat bwfully uized of the said premises in fee simple; tFiat ths same ars fne, ckar ~nd dischu9ed itom ~11 liens ux! a~cum~ ( brances in law a in equity, and thsr they ~ their ~~n w~rrant and defend th~ titb to tfis samt to the wid 1 MORTGAGEE, ib successon and ~uigro, forever agair?st the lawful daims and demands of al! perspuj PROVIDfD, AIWAYS that if the INORTGAGOR slwll psy unto tF~e MORTGAGEE the promistory note hereinbefore described and sh~ll trvly, p?omptly end fully perform, diuh~rge, exetute, compkte, comply with ~nd ab'~de by each and every the stipulations, ayreemenn, conditiom ~nd toveMnls of iaid promissory note and of this Mwtgsge, then thia Mwtg~ge a~d the Estate hereby ueated shaN cease and be rnrll +nd void. ' It t5 UfYDERSTOOD that the word "MortSagor" whether in the s7rguls~ a plwd ~nywhese In tba Mortgape. shsll be sinqulu if on~ only and shall be plvral ioiotly ~nd severally if more tMn one, and that the wud "their' as used ~~ywhere in this Mortgsge shall be taken to m~an •'his,•• •'hen•• or "in;' whe?eve~ the conte:t so implies w admits. A4o, thst wherever there is s reference in t!w covenants u~d ayreement~ herein co~tained fo any of rhe psrties hereto the ssme ahall be cor?saued fo mean u well ss tM he~n, kyal rspresentstives, wcceuors and augro (e;ther voluntuy by act of tM parties w imrolumary by operation of the law) of the same and that the covensnts herei~ cantai~ sAaii bind u~d the benefiq and sdvanfa~es inw~ leg epresentatives, succeuo~t and au~ ~ ro tlx respectiw hein, al r ~ro of the parties hereto. And aid Mortqayw~, fw ~themxlves and their heirs, legal reprex~tatives, succeuors and assiym, hereby jointly snd severally tovenant ~~d ayree to ~nd with the ssid MORTGAGEE, in suctessors and auiqns: 1. To pay all and iug~rlu the prin~ipal ~nd interat and the varaos snd wndry :ums of money psyable by virtue of uid promissory note, a~d this a morty+ye, esch ~nd every, promptly on the dayt reapecrivrly ths same severilly become due. `i 2 7o pay aB and singula fhs uxes, assessrn~enri, levies, li~bilit~es, oblgstam and enc~mbr~nces of every ~atwe and kind now on said desulbed ~ P?operb, w that hereaha may be imPosed. svffered. Placed, levied, w ~ssessed thereon, w tl+~t here~her en~y bs kvi~d or as~essed upas this age, a tlw indebtedness sewred hereby, esch and every, when due and payable. aaording to law, befor~ they becorrw d~Iinqwnt, u~d befw~ airyr im~e~it ~ attathes w any penalty is incwred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIE~ ANO DISCHARGED OF ~ ~ ' RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATiSfACTlON PAPER OFFICIALtY ENDORSEp °C~ ' OR CEAi1FIE0) SHALL 8E pUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the went tMt any tF~etwf is no1 ~m : paid, sat'sfied and distha~yed ss;d MORTGAGEE may st any time pay tF+e same or any put thereof withovt waivinp a affettirg any option, lien, eq~rity p •~qht vnde? a by vinue ot tl?is mortgage and the fuJl amovne of each and every wch payment shall be irrrnediately due +nd p~y~bk ~nd ~hsll beu iMerpt ~.om the d~tt thereof until psid at rate of n~ne per centum per ~nnum and toyether w~th s~th interest shall be sec~red by the lien of th:s mwytpt. i„ rs` az~ b x.~s° a^ r-~ zs ~ ~S . ~ a-`'~ :C~. g xt x, . ..c-'` :