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Home My WebLink About0473 . 256484 ~ THIS INOENTURE. Made tAa ~~th day of `jun@ A.D. 19 73 belwcee? Williaa H. ?hoa~son and M~sry A Thomns°n• his wifp - of $t. Lucie ~~~~y p~a;d~, ~~e;rwf~er deiignared as th~ "MORTGAGOR;' ~nd fIRST fEDERAL SAVINGS AND LOAN ASSOCIATIOP! OF fORT PIERCE. ~ co~pwation oryanized and existinp unde~ th~ laws of t1~e United Stat~s of Ameriu ~~d havinp its principal pl+ce of buaneu i~ th~ Ciry of Fwt PiNC~, St. l~cie Cou~ty, Florida, hereina(tsr desipnated +s tM "MORTGAGEE." • - WHEREAS 1M MORTGAGOR a j~~tly indebted to tht MORTGAGEE in the sum of = 14~2~•~0 9~d a~d lawful money of the Un~ted ~ Ststei advanced 6y the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even date herewith, of which tha la~owing in Words and f~gures is a trw copy, to-w~t: 10019950 = 14,200.00 Ho_ Fort Pierce. Fio~~a.. June 6 ~_~;5~3 Fa valve received, 1, we or e~ther of us, prom~x to pay, wi~hout defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIAilON OF FORT PIERCE af Fort Pierce, florida, the sum of s 14 ~ 2~ wilh interest irom date at the rate o~! 0-96 p~~ annum, in mo~thly insfalM men~s as follows: i llg•O0 on the lOthday of July 19 73and a like sum on the cwrespond~ng day of each month tF?ere- after until the whole be fully pa~d. - Each installment first shall be appl~ed in payment of the interest and then o~ the unpaid balance of the p~incfpsl sum. If defauM is made in ths payment of a~y installmenl when due, and such defaul. continues 30 days, the~ at the optio~ of the holder, and without any other notice, all the remai~~ng ~n:tallmcnts shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any Nme without penatty. Neitlxr fwebeara~ce, nor acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late payment charge of i-~ shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such instaltmen? remaining unpaid 7 days after each suctetding payment date. Each maker, su?ety and endorse+ hsreof, jointly and severally, warves demand, prexntment protest and notice of protest fw ~onpayment, snd i~rther agrees to any extension of time of payment, either betore w afte~ maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable attwney's fee in the evenl oF any default hereunder, and hereby severally waives all benefit of homestead a!?d exemption under the tonstitutan and laws of eath State of the United States, as against this obtigation w any extension w renewal hereof. Witness the hand and seal of each party. ` (SEAlJ s/ Williaa N. Thoa~son ~seaU cs~?u s/ Ma ry A. Thoaason ~ $21 ~ 30 ~ State Revenue iStar~pa caorsUad.cn ~is'visLoae) NOW. THEREfORE, Ihe MORTGAGOR for the purpou of secvring payment of s~id sum of = 14~2~'~ snd the pe?fonnente of the cove~ants and agreemenb F+ereinafter eapressed, and fw divers good and valuable considerations, by these presents, does grant, baryain, sell, remiie, release, tonvey and tonfirm unto the MORTGAGEE, its successws and auigns, all that certain Iot, piete or partel of land, sitvate, lying, and bti~g in the County of St. ~.L1Cie and State of Florida, dewibed at follows: Lot S, of ELKO SUBDIVISION, in Section 36, lbwnship 35 South, Range 40 East,~as per plat thezeof recorded in public records of St. I.ucie County, Rlorida; subject to the certain restricti,~ns as set forth in tbe certain deed froaRalph E. Logan and Nina E. Logan, his wife, to Narley D. Person and Thelaa I. Person, his wife, dated October 23, 1946, and recorded on March 30, 1949, in Deed Book No. 148, pages 280-282 of the records of the Clerk of the Circuit Court of St. Lucie County., Florida, with e~oception only of the following restriction thezein contained, na~ely, "said lot may not be sold without giving Elko Association first option to purchase said lot"~,/all according to plat of ELKO SUBDIVISION, as per plat thereof on file in Plat Book 8, page 39, public records of St. Luc ie Count y, Flo ri cia . i I - ~ ~ a~ STAT oF FLORI A} s o~ DOCUIVIFNTARY StAMP TA X ~ ; ~ ~ G~~i.OF RE11ENiJE ~ ~ ° P a ~ dt;,i i;'1 3 V. ~ ~ z I. ~ O~ RECElYED • O IN PAYMENT OF T11X~ ~ DUE ON CLASS 'C' INiAJiGIBIE PERSONAL Pfi0PEH1L ~ o = ~~~oi `..„..o ~ . pU~IIAKT Tp CHI{PTER 71-134. ACTS OF l9/ ~ aoc~ ro~ius f q.ERK CIR6UR OOURt. ST. LllCIE CO., ; ~ together with all and singular the tenements, hereditsments snd sppurtsnces thereumo belaging or in ~nywise appertaininp thertto, +nd ali reMt, iuues, ~ p.oceeds and profits accruirg snd to acuue from ssid premixs, all of which are incluJed in the sbove snd foregany description and haber~dum. ~ TO HAVE AND TO HOID the above deuribed and grsntcd premises unto the said MORTGAGEE, ib successors ~nd asigns foreve~. And ths said ~ MORTGAGOR tw ~L----- hc'us, executws, admin;stntws and assigns, hereby covenants with the said MORTGAGEE, its wcceuws and assipns, ~ rhat thej~ 8 Ze ~awfuUy seized of the said premises in fee simple; that the same are frae, dear and discharged from aIl liens and encunr ~ brarxes in Isw or in equity, and that th~ will and thel! hein shall w~rnnt and defend the title to the wme to the said ~ MORTGAGEE, its successors and augns, forever against the lawfu) clsims and dema~ds of all persons; ~ PROVID'tD, AIWAYS th~t if fhe MORTGAGOR shall pay ~nto the MORTGAGEE the promisso?y note Ixreinbefore destribed and shall truly, promptly - and fuliy perform, d~scharge, execute, complete, comply with and abide by each and every tF~e stipulations, sgreements, conditions and covenants of said ~ promissory note ~nd of this Mortgage, then this Mortgsge and the Esbte hereby vested shall cease and be null and void. IT IS UNOERSTOOD tfiat the wwd "Mortgsgor" whether in the singular or plural anywhcre in this Mortgsge, ahall be sirgular if one only ~nd ' shs~l be plural jointly and severaliy if more thaa one, and that the wad "their" as used ~nywhere in this Mortgage shsll be taken to mea~ "hia," "hen," ~ or "its;' wherever the context so implies or admits_ Also, thst wherever there ia a reference in the covenants and sgreements herein oontained to ~ny of fhe psrties hereto, the same shall be construed to me+n ss well ~s the heirs, legal repreunbtives, successors and auigns (either voluMary by ad of the ~3 parties a iovdunury by operation of the law) of the same and that the covenants herein contsined shall bind end the benefits and advantayes im?re ~ ra the respective he'as, leg+l representatires, successors and au~gns of the parties hereto. = And ssid Mortgagors, fw themulves and their heirs, legal rep?esentatives, successors snd ~uig~s, hereby jointly s~d severally covenant and apree ro and with tlx said MORTCaAGEE, its successors and assigro: . 1. To pay all snd singular the principal and interest and the variovs snd sundry tums o# mopey payable by virtve of said promistory note, and this morigsgc, each snd every, promptly on the days respedively the same severally become due. . ~ 2. To psy all a~d singulsr the taxts, assrssments, levies, liabilities, obligati«?s and enc~mbrances of every nature and kind rw~v on said dexribed property, p that hereafter may be imposed, suffered, plxed, leried, or suessed thereon, a that hereafter may be kvied w asseased upon this Mwt¢ age, or ths indebtedness secured F~ereby, each and every, when due and psyable, accord'+ng ro law, 6efo~e they become delinquent, and before ar?y iMerest attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROHIPTLY SATISFIEO AND DIS~NARGE~ OF REtORD AN~ THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISFAC110N PAPER OFFICIALIY ENDORSED ' ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHlN TEN OAYS NEXT AFTER PAYMENT; and in the eveM that any the~eof is not ' ~ paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time psy tFx same w any part thereof witho~t waiving w aifecting any option, lien, equity or •~qht under or by virtue of this mortgage and the fulf amount of each and every s~ch psyment shall be immediately due and paysble +nd shall bear interest <; {~om the date thereof until paid at rate of n~ne per centum per annum and together with such i~e~st~~ o w~ b~{~}jen of th:s moryla~e_ vv~~ ~wa~ iL . • r~ ~ r ' - ~ ~ ~ ~ ~ ~ ~r~ ~ ~ ~-~,~~-K . _ °:c~be,~Z~" `~'"'r_^.S`:.."i~n*..._ _._..'._.'~i _ ~ -3 _.ra`.eT~:a~ E^r~+`^