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Home My WebLink About0081 25~24'7 t THI$ INDENTURE. Mad~ ths Sth day of -J~E-' , A.~. 19 73 y betwcen • David W. Do nsiney and Loy 8. Dorminey, his ~ife of St . I, uC i@ Counfy Flwida, he~einafta d~sgnated as the "MORTGAGOR, and fIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ cwpa~tion ap~ni:ed and sxii~inp under tM law~ of th~ Unit~d S~at~~ of Amaica s~+d k~vinp Ft~ p~irxipal ptace of busirKp in rM City of fort Pitres, St, tucis County, Fbrids, FN~QIMItN de~~ynated u th~ "MORTGAGEE." WHEREAS th~ MORTGAGOR is justly indsbt~d to 1Fw MORTGAGEE in the sum of = 2O ~ 7~ good and I~wful money oi Ihe Un~ted States ~dvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, of wh:ch tha followinq In words ~nd (igurss n~ tnrs copy, to-wit: s 20.700.00 ~001994~ ; Fwt Pierct. Florida. June 5 19q3 Fw value received, we or either of us, prom~se to pay, wiihout defalcation, to the order of FIRST FEDERAI SAVINGS ANO lOAl~ ASSOCIATtJN OF ( FORT PIERCE at Fort Pierce, Florida, the sum of j 2O t7~ • with interest from date at the rate of ~Q.% E+~r? annum, itt mo~thly i~stall- S mentt ai fotlows: i 160•~0 on the 10thday of JViy 1973 and • iike sum bn the cwrespond~rg day of eacS~ manth the•r aher until the whole be Fully paid. ' Eath installr»ent first shsll be applied in payment of the interest and then on the u~paid balance of the principsl sum. If -~efault is made in 1~+e payment of any in~tallment when due, and suth default to~tinues 30 days, then st the option of the holde~, and without a~y otfur notice, slt the racain+np ~nstaflments shatl be due and payabte at once. P~ivilege is yiven to prepay this ~?ote in whols or in psrt +t any time without penalty. Neither forebearuxe, # nor acteptance by the falder thereof afte? any defauh in any payments hfreon, shall be deemed extension. A late payment charge of = 8•~ shsll bs ' added to each installment ~emaining unpaid 7 days after ib dw date, and a like sum shatl be added to eath suth inatallment remaining vnpaid 7 days after each succeeding paymeN daM. Exh maker, surey and endwser hereof, jointly and uverally, waives demand, p?esentment protest and notice of protest for no~payment, ar?d furthe~ agrees fo any extension of time of payment, either before w after maturity, without notice to sny of us; and to pay all costs of collection, including a reasonable attwney i fee in the event of any defauh here~nder, and he?eby severaNy waives ail benefit of homestead and exemption under the co~stitutan and laws of ench Stste of ~t?~ United States, as against this obligatiw~ w ~ny extension or renewal hertof. Witness the hsnd a~d ieal of each party. s/ avi . orminey ~U (s~?U (SEwU i S 31.05 s/ Lov B_ Dnrninpv ~qU i ( ) Sfafe Revenue caa~s r~olad ~a ~st~aL . NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of ss9d sum of f 2O s 7~~• ~ , ae~d the prrform+nce of ths covenann arwl agrsements hereinsher expressed, ~nd for divers good and valu~ble considerations, by theu presents, does gra~t, barqain, aeU, remise, release, convey u+d confirm unto the MORTGAGEE, ih autcessors and assigns, all that certrin bt, piece w partel of land, situste, lyiny, and beiny in ths County of SL ~ Lt1C 1@ , and Sute of Flwida, deacr]bed as fo~lows: Lot 1, Bloc~c H, MARAVILI.A ESThTES, according to a p1Pt thereof on file in Plat Book 8, Page 77, of the Public Records of St. . ~ Lucie County, Florida , : ~ ~ ' ~ i ~ s q STATE o~ FLORtOA + , N DOCUN?ENIARY ~ STAMP tA X! ~~rym ~ yG IM PAYMEM OF TAXE~ ~ DEPT. Qi p~~ -+c - pUE p11 ~J1SS'C INTANGIBLE PE3S0'~1L PROPERiY, 3 t. O 5~ pURSWt~[T TO CHAP'f? 71-131, ACTS OF I9/l. ; ' ~e'~. ~ P:~.'~ .WM-?'i9 - ~ a ~ IIt02 _ RO~E~ POIiWC ~ ClERK CIRCUIT OOtiRi, ~i_ LUL'IE CO., FIA j s r rcgrther with all snd singular the teaements, hereditamenri and sppurtaoces thereumo belongirg or in anywise appertaining therero, snd all rents, iuues, proceeds and profits accruirg and to acuue from ssid premises, all of which are included in the ebove and fae~oi~ny description and habendum. 3 O TO HAVE AND TO HOID the above described and grsnted premises unto the said MORTGAGEE, its succeawn and auiQns forever. Md th~ uld ' MORTGAGOR for thell ~;~s, executort, administrators and assigns, hereby covenants with ths ssid MORTGAGEE, iq suaessors and ai~qns, ` th v az ~hat ~ tawfully sNzed of the sa~d prem~ses In fee simple; th~t the same aro free, ckar and diuh~ryed from sll liens and encvem brances io law a in equity, and lhat thev a~ the i r hein shall wsrrant and defend the titlt b the same fo th~ said MORTGAGEE, its successws and assigns, faever sgainst tF~e lawful claims and demands of all pe~sons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto tFx MORTGAGEE the p~omissory note hereinbefue dewibed and shall fruly, promptly ; and futly perform, d~sch~rge, execute, complete, comply weth and abide by each snd every the atipulsYroro, ~greemenb, conditions and tovenanb of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby aeated shall cease and be nvll and void. IT IS UN~ERSTOOp that the vw?d "Mortyagor" whether in the singufar or plural anywhere in this Mortg~ge, sh~ll be sin~ular if one only e~d , shall be pfuwl jointly and severally if more thsn one, and rhst the wad "fhcfr" as used snywhere in this Matgage shall be t~ken to m~an "his:• ••F?ers;, or "its;' wherever the context w implies w admits. Also, that wherever there is a reference in tF~e covenants and a9reemenb herein contsined to any of fhe panies hercro, the ssme shall be construed to mesn ~s well ss the heirs, fegat representativet, successon end auigns (eithei voluntary by ad of tM parties or inroluntary by operation of the law? of the same and that the covensnn herein contsined shall bind •~,d ~he benefin a~d advanfsyes inw• to the respective heirt, kgal representatives, successors and assgns of the psnies hereto. And said Mortgagors, fo~ themselves snd their heirs, legal roprescnbtivq, successors ~nd suigns, F~ereby jointty and sever~lly covenant and aprse to and with the said MORTGAGEF, its successws and euigns: ~ 1. To ell s~d si ul~r rhe inci I a~d imereit snd the various snd sund svms of mone y prom;itpy note, and this WY ~9 P% P+ ry Y paYabk b virtue of taid ; morigage, each and every, promptly on the days respettively the ssme severally become dve. i 4. To pay all ~nd singular the tsxes, ~ssessmenb, Isvies, liabilities, obligstw~s and encvmbrancet of every n~Wre end kind now on said desctibed ; Property, or th~t hereafter may be imposed, suffered, placed, levied, or •ueued thereon, or tF?it here~fter may bs levied w assessed upon tha Mort9- i age, or the indcbtedness secured hereby, each and every, when due and pay~ble, accocdinp ro law, befwe tMy becane d~linqueM, and befw~ any i~terest anacF~es or any penalty is incurred; ANO INSOFAR A$ ANY THEREOf IS OF RKORO THE SAMf SHAII 8E PROMPTIY SATISFIEO AND OISCHARGED OF i RECORD AN~ THE ORIGINAL OFFICIAt DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED ; OR CERTIFIED) SMAII BE PIACED IN 1HE HANDS OF SAIO MORiGAGEE WITHIN TEN DAYS NEXT /1fTER PAYMfN~; snd in the event that any the~eof is not ' paid, sat'sfied and diuharged sa'd MORTfiAGEE msy at any time pay the same w a~y part thertof without waiving or affedinp any option, IiM, eqvity or •iQht under or by virtue of this mortgage and the (ull amount of each and every such p~yment shall be immediately dve and p~yable snd shati besr i~terqt - <•om the date thereof until paid at rate oi n~ne per centum per annum snd toge~he~~hpy~ ~erest shsll be~ec~red by the lie~ of th:s mwyfape. a~;~~~...~ r.A(;~ ~ ~1 _ - _m._~ s_~P _ . ~ _