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Home My WebLink About0461 2564'78 ` THIS ltJDENTURE, Mad~ the 2~ t h day of M a y A.v. 19 6t:wsen _ W,t1~-~m L. Sullen~er and Elizabeth N. Sullenger, his wife flf ~ Counfy Florid+, F+er~inafter desig~ated as tM "MORTGAGOR;' •nd FIRST FEDERAI SAVIM's5 AND IOAN ASSOCIATION OF FORT PIERCE, a tapaation orpanized and eaistinp unde~ tl+e laws of t!w Unlted Statq o! Ameriu ~nd Mvirg i» pnncip~l plac~ of buiinqs M tM Cify of Fort PiHCe, Sf. luci~ Counfy, Florid~, herein~iter datiynated ai t}w "MORiGAGEE." WHEREAS tM MORTGAGOR N ju~tly lndebt~d to tM MORTGAGEE in the sum of S 24 + 7~ , good and lawfvl mwxy of tM Un~te3 ~ States adva~xed by fhe MORTGAGEE unto tha MORTGAGOR, as evidenced by a certain promiuory note of even date herew~th, of whith th~ folbw~ny in ~ ~c~'~d~~Qu.~,i} a trw copY, to-wit: . ~ _ . 4 7 V v ~ 11000083 fort Pierc~. Flaida, May 29 y 19 For value received. 1, we w either of us, promise to yA wit t defalcation, to the order of FIRST FEOERAI Sl~(INGS ANp LOAN ASSOCIATION OF FORT PIERCE at FoA Picrce, Flaida, ths sum f j 24 ~~V w;th iy~ st from date at the rate of ~ 9o per ~nnum, in monthfy install- n,ents ss follows: = 2O7 on the l~t day of u y , t9 en~ a like sum on the co.~esporxl~rg day of eacb month therr after until the whole be fully paid. Each installment first shall ba applied in paymenf of the ioterest and then on the u~paid balance of the princ7pal sum. If defautt is made in the payment of any insta:lment when due, and such dafa~lt continues 30 days, then at the optiw? of the holder, e~d withaut any other notice, aU the ~ema;niny +ns?all~nents shai! be due and payable at once. Privitege is give~ to prepay this note in whole or in part at any t~me without pc~alty. Neither forebearance, no? acceptance by the holder thereof afta any default in any paymemt hereon, shall be deemed exteniwn. A late paymcnt cha~ya of ~ lO . 35 ,t„u b, ~ added to each installment remaining u~paid 7 days after its due dale, and a like sum thall be added to each such installment remaining unpaid 7 days after each succeeding payment dare. Each maker, surety and endorur Fxreof, jointly a~+d severally, w~ives demand, prexntment protest ~nd notice of p~otest fw rwnpaymenf, and funher agrees fo any extension of time ef. ap~[ment, either before or aher maturity, without notice to any of us; and to pay all msts of cotlectioo, includ~rg • ~easonable attorney's fee in the event of any default he~eunder, and hereby severally waives all benefit of homeatead and exemption under IMe constitution and laws of each State of the United States, as against this obligation w any extension w renewal he~eof, Witness the hand and seal of each party. S/ William L. S~.illenger ~U iza e . u e ~U 9- ~ ~ $37.U5 ~ ) State Revenve `~idi~FN+2it1G~KYr~i7~alCXoif~}C - NOW,`THEREFORE, the MORTGAGOR for the purpose of securing payment of wid sum of = 24 ~ 7O~ • a~d the performsnce af tM coven~nts and agreementa FK?einafter expressed, and fw divers good and vsluable considerations, by these presents, does grant, bar9sin, ~ell, remise, rzlease, convey and confirm unto the MORTGAGEE, its successors and sssigns, all that certain bt, pieoe or parcel of land, situafs, lying, and being Fn the County of St . Lucie and Stste of Fiorida, dewibed as follows: Sc~uth 100 Feet of the North 1Q5 Feet of the East 28 Feet of Lot 2, ~nd the South 100 Feet of the 1~'orth I05 Feet of the tVest 48 Feet of Lot 3, Block 1, FONCE DE LEOr PARK, as per plat thereof on ffle in Plat Book 6~ page 8, Public Rscords of St. Iucie Countp, FZorida, . ; 3 r ~ STATE ~F LORlDA 1 ~ DOC~NTARY STAMP TA x ~ " ~IN PAnwar oF T~uc~s DEPT.Oi REYENU£,• •4 ; ~ a't CLASS'C INTMlGIBIE PER50NAL PQOpERIY ~ - ='ON 1 yI~ " P11RStJAN~ 7n GW'iER 71-134, ACTS Of 19/1. ~ ~ _ ~3r.os' ~-j/ ~ ~ ` 2- ° ~ t aosa+ roRw?s ~ U o I CLFQK CIRq1R OOURT, ST. WCIE 00, FtA together with all and singular the tenements, hereditamenb and sppurtances thereuMO beionging w in ~nywise sppertaining thereto, a~d all rents, iu~, proceeds and profin scvui~g and to acuue from uid premius, all of which are includcd in the above and foregoinQ de~viptan and habend~m. ' TO HAVE AND T HO[O the above desaibed end granted premises unto the aaid MOR7GAGEE, its wccesson u~d ~uiyr~ foreva. Md tlw said !~tORTG~CiQR faa r~t~ e i r N~+~~, executas, administraton and sssigns, hereby cwenanfi with ihe said MORTGAGEE, its s~ccessas ~nd assipra, riey - rnar lawfully seized of the said p~emises in fee simple: that the sama ~re free, ckar ~nd discharyed from all 1'~em and ~ocwrr b+ances in law w in equity, and that thev W~~~ a~ their ,~„ii warrsnt s~d defend tM title to the sams to tht ~aid ' 3 MORTGAGEE, its succeuors and assigns, fwever sgainst the lawful claims and demsnds of al~ persau; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note he?einbefore described and shall t?uly, promptly and fully perform, d~uharge, execute, compkte, comply with and abide by each and every the stipulations, agreemenn, conditions and covenann of faid prom'~asory note a~d of this Mortgage, t}xn this Martgsge s~d the Estate hereby created shall te~se end be null and void. IT IS UNDERSTOOD th~t the wad "Mo?tgagor" whether in the stngular or plural ~~ywhere in this Ahortgage, shstl be sirguisr if one or?ly and shaN be plural jointly sr+d ~everally if mwe tban one, and that the word "their" as used ~nywhera in this Mortgsge sF?~II be taken to mean "his;' "hen," ~ or "iri;' whe?ever the context w implies a admits, Alw, that whereve~ there is a reference in the covenants ~nd igrremen» herein tont~ined to any of rhe pa?tiei fm?eto, the same shatl be construed to mesn st well as Ihe heirs, lega! represenu?ivet, succeswrs snd auigns (eitl~er volunbry by ~ct of tM parties or involuntary by operation of the law) of the :ame a~d that the covenants herei~ contained ahall bind and the be~efits and ~drantayq inur~ ro the retpective hein, legal reprexntatives, successors and ass~gns of the psrties hereto. And said Morrgsgors, for themulves and dxir hein, legal repreuntatives, successas and auigns, hereby jointly and severaUy tovenant and apree ro end wirR the wid MORTGAGEE, iti successors and assigns: 1. To pay all end iingula~ tlx principal and imerest and the various and sundry wms of money payable by virtue of s+id promiswry rats, ~nd this morigage, each and every, promptly on the days respectively the iame sever~lly becoms due. 2. To pay alI and singular tf?s taxes, ~ssessmenfs, tevies, lisbiiities, oWigations and enc~mbranas of erery natwe and kind now on said dexriped property, w that hereafter may be ;mposed, ~~ffered, placed, Ievied, or suessed tF~ereon, w that hereafier may be levied or ~ssessed upon this Maty- age, w the indebtedness ietured hereby, e+ch and every, wFKn due ind payable, xcuding to law, btfwe they becane definquent, ar+d before ~ny intaesf artaches or any penalty is incur~ed; AND INSOFAR A5 ANY THEREOF 1S OF RKORD TME SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGtIVAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFfIC1AllY ENDORSED OR GERTtFIEO) SHAII BE PLACED IN 1HE HAtVDS OF SAIO MORTGAGEE WITHIfV TfN DAYS NfXT AFTER PAYMfMT; and in tFk event tl~at any thereof is not pa~d, sst:sfied and discharged sa:d MORTGAGEE may at any time pay the same w i~y part thereof without waiving or affetting ~ny pptio~, lien, eqvity or •~qht unde? or by virtve of this mortgage and the full amounr of each and every such payment shall be immediately due and payabk and ihall bear interest irom the date thereof un?il paid at rate of nine per tentum per annum and together w~th sucF~ir~? ~be secwed~~~ lien of th:s morptpe. ~GQx~,a. FACc ~ ~ `2 =s -e ' c~r I ; r ~ s`-~` r ~ 1 : 3,a ~ ~ ~ ~ ~'"'~i ?~~`.~'`~~'','~',r° . _ ~;a".yda-,,.~'~~;