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Home My WebLink About0467 ~~b481 ~ THIS INDENTURE, N1ad~ tA~ '~."~th day of `1l~Ife A.D. 19 73 betv+ea? ?hurston Jases and Agrw s Ja~es, his wite of St• L1lCif Cow:hl Flwida, Aereinaf~w dsignated ~s the "MORTGAGOR;' ~nd FIRSi FEOERAI SAVINGS AND IOAN ASSOCUTION Of FORT PIERCE, a co?paalion orp+nis~ u~d existirg unda tM laws of tM Unit~d Sqt~t of Amsrica and havinp its princip~l plac~ of ~ buiiMSS in tM City of Fort Pitru, St. lucie County, flaida, Mr~in~fts~ d~sipnated u th~ "MORTGAGEE." ~ WHEREAS 1M MORTGAGOR is jvitly indebtd to ~he MORTGACsEE ie? the sum of ~ Sa.6~•~~ good snd lawful mon~y oi the United Stata advanced by the MORTGAGEE u~to the MORTGAGOR, as evidenced by ~ certain promiuo~y note of even date herewith, of which ths followinp i~ t. t wwds u+d fi~ures is a frw copy, to-wit: = 5~60~.00 ~ 1~0199~~ Fwt PiHC~. Fbrida. •JL1f1Q 7 19 ~ for value received, 1, we ot eilhe~ af us, prom:se to pay, without def~tcation, to thc orde~ of FIRST fEDERAI SAVINGS AND IOAN ASSCLIATION Of ~ fORT PIERCE at Fort Picrce, Flwida, the sum of 5 6O~ w;th interest from date at the rate of 8• ~ 96 per a~~ym, in monthly inst:ll- . ments u follows: s 61 on the l~t day of '1u1y - 19 73 and s like sum on the correspon3iop day ~i each monlh ther~- ? after until the whole be fully paid. ` Escfi.inst:llment first shall be applied in payment of the interest and then on the ~npaid balance of tM p~inc~pa~ wrs.. If defsull is made ln th~ paymeM of ~ny installment when due, and such defauh continues 30 days, then at the option af ihe holder, and without sny otner notice, all the remaini~+g ? installments sh~ll be due and p~yable at once. Privilege is yiven to prepay this note in whole w in p~rt at any time wi~hout pen~lty. Neithet faz6earante, ~ nor ~tteptance by the holde~ thereof after ~ny default in anY paYments hereon, shsl) be deemed extensio~. A late payn+ent ch~rge of ~~05 .i iAsll be ~ added to each installment rcmaining unpaid 7 days ~fter iri due date, a~d a like sum shall be added to each svth installment remsini~g unpaid 7 days aftet each succecding payment date. , ' ' Each maker, aurety a~d endaser hereof, jointly and severally, wsives demand, presentme~t protest and notice of p?otest fo~ ~onpsyment, and further agrees to any extension of time of payment, eitlxr betore or after maturity, without notice to any of us; and to pay sll costs of collection, includ~ny a reasonabla attorney's fee in tM event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under fhe constitWion and laws of each State of the United States, ss against this obligaian w any extens~on or renews) hereof. Witneu the hand and seal of each pa?fy. • s/ Thurston Ja~es ~q - (SEAI) (SE/?U s Agnes Jaaes ~ ( S 8 • ~ ) State Reven~e (9'?amPr ane~lle~ orr orlph?al ~t~oth ; NOW, TNEREFORE, the MORTGAGOR fw tia purpose of securing payment of said sum of S 5•6~•~ , and the performance of ths ~ covensMS ~nd agreements hereinafter expressed, and fw ~vers good and vstuable considerations, by these presenn, does yrsnt, barpain, iell, remise, release, convey and confirm unto the MORTGAGEE, iri wccessors +nd auigns, al~ that cert~i~ lot, piete or p~rcel of I~nd, situ~te, lying, and beag in 1hs County of St . LL1C ~@ , aod St~te of ftorida, described as fdlows: L.ot l~, Block 2, PALM~iR TBRRACB SIBDIVISION, as per plst thereof on file in Plat Book 3, Page A6, ot the Public Records of St. Lucie County, Florida 3 , ~ pFttDA~ } A~ OF F~-1AMp TA~ I~ : ~ .o S ~tlMENjARY ~ f ~ p oo ~ ~ o.=., ~ pEPj-Q~ R VEN ~ _ ` O 8~ 4 ~ ~c e~?' ~ ~ ~~:i t .'13 ' ~ ' ' , p pAYM~ ~ ~~iy -~o ~ ~ P.Y- ~~pHAL, PRO?Efi . ~ . : o ~ ~~~ot ~VED p{GIBLE 1911•~ s m~E~ p~a?.~S ~ ~i t 1RGUR Oa1K1' S~. 1~~E ~ ~ ~RK C ~ - together with all and singulsr the tenements, hereditaments and sppu+tsnces therev~to belonginp or in ~nywiss +ppertsining thereto. and all renb, iuues, ~ proceedf and profits accruinQ ~~d to acuue from ssid premises, all of which sre included in the sbove ~nd forepoirg descriptro~ and hebendum. ~ TO HAVE ANO TO HO~ the sbove described snd granted premises unto the s+id MORTCaAGEE, ib succeuon ~nd asi~y~s fwev~r. Md th~ saW MORTGAGOR fp the 1Z ~~rs, executon, administrstws and auigra, hereby covensnts with the said MORTGACaEE, its waessas and assipns, ~ rhat t~Y ~re lawfully seized of the said premises in /ee iimple: tMt the ame are frte, ckar snd diuhsr9ed from all 1'ia~u and a+cum- brarxes in law or in equity, and that th@Y wi{I snd their hein shall wsrrsnt a~d defend the title to N~e sam~ to the s~id ~ N~ORTGAGEE, its successors and suigro, fwever against the lavrful d:ims and demands of all penons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dewibed and shall truly, promptly ~ and fully perform, d~xharye, execute, compkte, compiy with and sbide by esch and every the stipulatiora, apreements, cond~~ions and cwenann of s+~d s promissory note and of this Mutgage, then this Mwtgsge and the Estate hereby aaated shall cease and be null and void. - IT IS UhDERSTOOD thst the' word "Mwtgagor" whether in the singular w plu~al anywhere i~ this Mortgage, ahall be sinQular i! i,.:e only and " shsll be plunl 'pimly and severally if more thsn one, and that the word "their" ss used anywhere in this Mwtgag~ sMll be taken to m~an "his.•• ,•htn:• ~ or "its;' wherever the context so implies w~dmits. Also, that wherever ihere is a reference in the covenanh and ~graements herein contairNd to ~ny of fhe parties hereto, the s~me shall be construed to mesn as well ss tfie hein, leg+l rtp?eseM+tive~, svaesson and suigro i~~~~ ~~~+rY bY act of tM ~ parties w involuntary by opcratioo of the law) of the same and tha~ the covenants herein cootained ih+ll bind and the benafiri and ~dvantapes iiw~e to the respeclive heirs, legsl repreuntatives, succeuws and airgns of the psrties herero. ~ ~ And said Nb?tgagors, for themsslves a~d their }roirs, legal reprcser?tatives, succe~sors and sssigra, hereby jointly•a~d severally tovenant and ayree ~ to and-with the ssid MORTGAGEE, its successors and ~ugns: ~ 1. to pay all and singular tFx principal and interest •nd the vsrious and sundry wms of money pay~ble by vinue of said promisswy note, and this i mortgage, each and erery, promptly on the days respectively the same ieverally becon+e d~e. 2. To pay all and sing~lar the taxes, assesune~ts, levies, lisbilities, obligstions and encvmbr~nus of every natwe ~nd kind now on said desuibed ; ~ property, or that lxreaftes m+y be imposed, suffered, placed, levied, d assessed thereon, w tMt hereafter may be levied w asses~ed upa~ this JNort¢ ; age, o? the i~debtedneu secured hereby, each and every, when due a~d payable, sccwdiny to law, befw~ they become delinqueM. ~nd befa~ ~ny interest 7 ~ attaches or any penalty is incurred; AND tN50FAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROJNPTLY SATISFIED AND DISCHARGED Of ~ RECORD AND THE ORtGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAItY ENDORSE~ 02 CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is not paid, sst"sfied and disct~arged sa:d MORTGAGEE may at sny time p+y the same or +nY W?t thereof withovt wsiving w sffectirg any option, lien, equity a ~ ~~qht under or by virtue of this mortgage and the full amouet of eacb ~nd every such psyment thall be immediately due and psyable +~d shal) bear interest ~rom the date thereof u~til paid at rate of nine per centum per annum and together with such intere~ t~a red by thq~~ th:s mw9tape. ~~.1~ ~ ~ ~ ~ . - - ~A' ~ ~ ~ ~ ' . _ :.r.«tF.~.~ ' -^s~ ,~.~"F _ . ~~~,~~~~~~~.~,.~~,L~„ , ~ ~ . ` ~S- . ~°~~~r~.. _ -.o