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Home My WebLink About0085 256249 THIS INDENTURE. M+d~ the 31st day of ~y A.O. 19 73 between Waynf Sbith and Gail SusannQ Sgith~ his wife of St. 1'uGiQ County Florid~, her~ineftp dtsig~ated as ths "MORTGA(30R;' snd FIRST fEDERAI SAVINGS AND IOAN ~?SSOCIATIQH OF FORT PIERCE, a co?po?aHon wg~nised ~~d exiitinp under 1M iaws of tM United Statq of Mxrica ~nd Mvlnp in principal pl~ce of bvun~u M th~ Ciry of FoA Piac~ St. lucis County,.florid~, he~einah~~ desi~nat~d ai ti+~ "MORTGAGEE." WHEREAS tM MORTGAGOR is j~stly i~dtbt~d to tM MORTGAGEE in the ~um of =29 ~ 6~• ~ ~ood and lawfvl mo~xy of the Un~tec~ States adva~ced by fhe MORTGAGEE unto tM MORTGAGOR, as evidenced by ~ certain promiuwy note of even dete herewith, of which th,? fdlowi~+p in s 29 60~.~e~ a nw coPV, to-w~t: ~ 10019924 Fort Pierct. florida, ~y 31 19 73 Fw value received, 1, we a either of us, promiu to pay, withovt def~ication, to the order of FIRST FEDERAt SAVItVGS ANp LOAN AS.SOCIATION OF FORT PIERCE at Fort Pierce, Fb~ida, the ium or s29•600•00 w;th interest irom date at the rate of8`0 % per ann~m, in mo.tthly inttall- men?s as followt: = 229•~ on the 2~`tlay pf 'July , 14 73 and s like sum on ihe correspond~ny day of each monfh therr ' efte~ ~nfil the whole be fully paid. EscF~ installment iirst ahall be applied in paymenf of the interesf and thcn on the unpaid balance of the princ~pal tum. If defsult Is msde ln the Naymeot of any instsllmem when due, and such defavh continves 90 days, lhen at the optio~ of the holde~, snd without any otlxr notica, all t~a rameininy ~nstallmenK shaH be due and payable at once. Privilege es given to prepay thia note in whok or in paA at any tims without penalty. Neither forebearancs, , nor acceptance by the holder the~eof after any default in any payments hereon, shall be deemed extensan. A late payme~t chsrge of sil.~5 _ shall be added to each installmont remaining u~paid 7 days aftar iri dus date, ~nd • like sum shall be added to each such installment remaining unpaid 7 d~ys aher 1 each tucteeding payment date. • Eath make~, surery and endorse~ hereof, joinlly and severally, wsives dema~d, p?esentment protest and notice of proteit fo~ nonpayment, and further agrees to any extension of tima. of payment, either before or after maturity, without notice 1o any of us; and to pay all costs of coittctio~, Inctudinp • reasonable attwney's fee in the event of.any deiauit he~eunde~, end htreby severally waives al! benefFt of homestead and exemptio~ under 1he constitWion and laws of each Sfate of the United States, as against this obligation w sny extaman or renewal hereof, L Witness ~he hand and seal of each party. ~ ~ (5~?U a/Way~ne Saith . ~U ~ REnU ~ ,544.40 s/Ga?il Susann~ Saith ~ ) State Reverwe (STalhjf!'AIR~tIl~ ~T CH~tnsl T~1~j- . NOW, THEREFORE, the MORTGAGOR for the . 2 9~ 600 ~ OO pu pose of tecvring payment of seid svm of = , ~nd fhe performance of tM covenants and agrsements hereinafter expressed, snd fw divers good and wlwble conside+ations, by thes~ presents, does grant, bary~in, sell, remise, release, convey and confirm uMO the MORiGAGEE, its suctessors and auigns, all that ctnain lot, piete or parcel of tand, aituate, lying, and beirg in tM Co~nty of $L. Lacie and Sute of florida, described iollows: 6ast 28 ~eet of Lot 12 and all of Lot 13 and West 13 feet of i,ot 14, Block 1, MARAVII,LA PARK SUBDIVISION, according to the plat thereof recordad in Plat Book 5 at page 13, Pubiic Records, St. Lucie Couaty, FloYida ti s a STATE oF ~LpR~QA 1 N OOCUMENTARY~;., 4~A ~ ~ ~ DFPT. OF RE1/EMUE .4`'' ~ M- = JU~-~'l~ . . ~ ~ IN PAYMENi OF T~XES ~ Q ~ ~PO! ~ O ~ RfCEIYE~ .C INTAN6181E PERS~D;iaL P~OPER(Y. ` ~ ~~R~ ~S C1IAPTEi1 71-134. ACTS Of lyf t-~~ _ r011R1?C ~L,ERK C1Rf~11T CAURt, Si. LUCiE C0. FU?- i together with all snd singular the tenemenb, hereditamenri and appurtsnus thcrevnto belonginy or in anywise ~ppertaining thereto, ~nd all rents, fuues, protelds ~nd profin acnuing ~nd to acuue from s~id premtses, all of which ue incfuded in the above ~nd foreyoiny desuiption ar+d habendum. TO HAVE AND TO HOID the above described +~d granted premises unto the taid lNORTGAGEE, itt auaessws and auiqns forevet. Md the s~W MORTGAGOR for their execvton, adminiatrators and assigra, hereby covenanri with the s~id MORTGAGEE, its wcces~ws and aaiprr, ~hat they- a-~. - tawfully seized of the said premises in fee simple; thst the s~me ue free, ckar and d'~schsrQed from dl liens u~d ~ncum~ brances in !aw a in equity, snd thst they W~~~ a~ t~l@~= hein shall w~rrant and defend ths titlt to ths ssme to the said MORTGAGEE, its successors and suigns, forever agains! the lawfu) claims and demands of all perswn; PROVIDED. AIWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuoty note hereinbeiors dewibed ~nd shall truly, promptly and fully perform, dischirge, execute, comptefe, comply wi~h snd ab'~de by each and every the stipulations, agreemenri, conditions and covetunfs of said promissory note and of this Mortgsge, t}~en this Mortgsge and the Estate he~eby ueated shall ceas~ a~d be null and wid. IT IS UNOERSTOOD that the word "Morrgagor" whether in the singular w plunl anywhere in this Mwtg+ge, sMll be singulir Ff one onfy and shalt be ptural jointty and sever~Ny if more than one, snd that the word "their" as used anywhere in this Mortyaye ihall be t~ker? to mean "his;' "hers," or "its;' wherever the contezt w implies w admits. Also, that wherever there is a reference in the coven+nri ~nd ayreements herein oontained to ~ny of rhe partEes hereto, the iame shsll be coratr~ed to mesn as weli ~i ttx heirs, kgal r~esentarives, successors snd auigrn (either voluntary by ~c1 of tM ' oanip o~ involuntary by operaran of t1+e law? of the ssme and that the covenants ixrein contained shall bind and tF~t benefits and ~dvantpes inwe , to tha rapettive heirs, le9sl representativp, succcssws and au~gns of tFro pinies hereto. And said AAwtgsgors, fw themselves srx! their F~ein, legal represenptives, successon er?d assiyns, htreby jointly usd severaUy covenant and ap~ee ro ~nd with the said MORTGAGEE, its sutcessors ~nd auigns: 1. To pay •II end singvlsr the principal and interest ~nd the variovs and sundry iums of money payabk by virtue of said promissory note, and this mortgage, each and every, prompHy on the dsys respectively the same severally become d~re. Z To pay ~II and iingular the taxes, sssessmentt, levies, liabilitiet, oMiyatio~s ~nd encvmtxan ~es of every n~ture ~nd kind now on said dewibed Propsrry, or that he?esfter may be imposed, wffered. P~eced, levied, or auessed thereon, a tfiat bkreafter m~y be levied or assessed ~po~ this Matg- sge, or tM indebted~eu secured hereby, each and every, when due and payable, xcarding ro law, before they becane deli~queM, and befon aMr imeres~ attaches or any penatty is incurred; AND tNSOFAR AS ANY THEREOf IS Of RECORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTAIVCE, THE TAX RE~ElPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIFIED) SHAtI BE PLACED tN TNE HANDS OF SAID MORTGAGEE WITHfN iEN DAYS NEXT AFTER PAYMENT; ~nd in the even! lhaf arty the~eof is rat paid, saY~fied and diuha~ged sa:d MORTGAGEE may at any time pay the same o? ~ny pan thereof witlwut w~iving w affcctiny any optiw+, lien, equiq or •~qht undcr o? by virtue of th~s mortgage and the full amount of each and every tuch payment shal! be immediately due ind payable ~nd shafl bear interest <<om the date Ihereof until paid at rate o/ nine per cenr~m per anrtum and ~oyet~rr~.vi~~h inferest sfiall be secured by the lien of th:s motyt~e, 1 I'~ b~.~ 5 ~,~E 4 - ' - { ~ ~ ~