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Home My WebLink About0738 ~ i~Jr~sb~ THIS IN~ENTURE. Mad~ the 8th ~ day of J~e A.D. lp ?3 betwee^ Ken~eth R. Swearinaen and Lozett~ T. Srrearin~~ h+s .;fo - of St • i'uCi@ County Flwid+, F1lf6~MfiQf designared as tM "MORTGAGOR:' +nd FIRST iEUERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corporation wqanized +nd exi~tinp under the lawn of ths Un~tsd Su~~i of Amerit~ ~nd Mvinp iti principal pl+ce of buuneu fn 1Fa City of Fwl Pierce, St. lucie County. Fbrid+. he«inaftsr designa~ed +i tfie "MORTGAGEE." WHEREAS ths MORTGAGOR is justly indebted to th~ MORTGAGEE in the sum of =7 , good and lawiul money o( the Un~~ed States advanced by the MORTGAGEE unto the MORIGAGOR, a~ evide~xed by a certain promisso~y note of even date herewith, of wh~ch the iollowing in words and figures is s true copy, to-wit: f 7~~~.~ ~ 1~19~1 Fwt Pierc~, Flwida. `TUIl@ 8 19 73 for value received, we or either of us, p•omise to pay, wiihout defa!carion~to the order of FIRST fEUERAI SAVINGS AN~ LOAN ASSOCIATION OF FORT PIERCEat Fort Pirrce, FJorida, the sum of =7 w~th inte~esr from date at the rate of 7•59o per annum, in monthly install- menta as follows: Z 52 on the l~th day of Au9ust 1973 and ~ like sum on the cwrospo~d~ng day of each month there- after until the who!e be fuliy ?aid. Each ~nstallmcnt first shatl be applied in payment of the interest a~d then on the unpaid balance of the prinupal sum. If default is made i~ the Hayment of any ins~allmenf when due, and such deiault continues 90 days, then at the op~ion of the holder, and withoul any other notice, all the remaining ;~,statlments shall be due and payable at once. Privilege is yiven to prepay this note in whole ot in part at any time without penalty. Neither fweb~arante. nor acceptante by the holder lhereof after any defauft in any payments hereon, shall be decmed extensio~. A ~ale psyment charge of SZ' 6O _ shsll be added to each insta!Irr.ent remaining unpa~d 7 days after ib due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and seve~ally, wa~ves demand, presentment protest and notice of protest for nonpayment, ar?d further agrees to any extensio~ of time of paymenl, either before a afte~ maturity, without notice to any of us; and to pay all cosfs of collec?ion, indud~ng a reasonable attorney's fee in the event of any default hereunde~, and hereby severaily waives all benefit of horr.estead and exemption under the conftitution and laws of eack State of the United States, as against this obligation a any extens+on w renewal hereof. Witness the hand and ual of each party. (sEnU s~ICe~nneth R. Swearin~er~ csEa~~ cs~?u ~ s retta Srrearinge~n ~ 10.50 ~ sta~e a~~en~e (Sf 3Tn~li' Yl1t181fM ~R ~A~fA71 M~R) NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of = 7~~~' ~ and the pe?fwmance of ths covenants and ag~eements hereinafter expressed, and fw d~ven good and valuable conside?ations, by these pres~nts, does 9ront, barya~n, sell, remise, release, convey and confirm unto the MORTGAGEE, its tuccessors and ass~gns, all )hat certain bt, piece or p~rcel of land, tituate, lying, sr~d being in the County of St . I'uCie snd State of florida, dewibed ~s followt: Lot 7, Block 5~ ORANGB SVOS90M FiSTATBS, S~OOND ADDITION, S~COIYD PLAT, as pe~[ plat thereof on file in Plat~Book 16, page 14, Public Records of St. Lucie County, Florida, This is a second aortgage fson aortgagoY to nor~gagee, the first ~ortgage li being fron Kelly Construction Company, a Florida Corporation in the original ~ aaount of $22,800.00, dated January 4, 1972 and recorded in O. R. 8ook 199 Page 29 Public Recozds of St. [.ucie County, Florida, and it is agreeci ~ that the aortgage debts shall be aerged into a single indebtedness and any default under the f irst ~oYtgage sha12 likewise constitute a default under the terss of this nortgage. - oF FLO R f D A 1 1N QAy~'E`; ' STATE n~ DOCUN1ENtARY~ 4., S1A____MP Tr. k! .-;<<~,EeERy~S of ~y~~~r~ °c-+ `r DfP . OT REVENUE P' ' ` RE~E~~~E9 4~;-,~'~ ~~~E 11=~~' ~ z~ ~.s = _ '~"i~` ~ K;l 1~~ ?E,Cp• _ JUNi~13 ~ ~ - o.. 1 0. 5 0 ~ 4S,~Nt v~ ^ _ ~~~o: ~ ~W~ ~ , ~ p c~ rogether with all and singular the tenementa, hered~taments a~d appurtances thereumo belonging w in anywite ~ppertaining thereto, and ~II tents, issues, proceeds snd profits acauing a~+d to accrue from said premises, all of which are included in the above and fwegoing deuription and habendum. ~ TO HAVE AND TO}1p tD the above desu~bed and grsnted premises unto the said MORTGAGEE, its successors and +uigns forever. Md th~ said LhQ1I MORTGA it fw heirs, executws, administratora and assigns, hereby covena~ts with the said MORTGAGEE, its successors ~nd ~aiym, that - t~e-~ are-- lawfully xized of the said premixs in fee simple; th~t the ume sre irae, clesr and discharyed from all liens snd enc~m~ ~ brances in law or in equity, and thst thQy w711 and thQlr hein shall wsrrant aod defend the title to the same to th~ said MORTGAGEE, its successws and assigns, fwever ag:inst the lawful claims and demands of all perwns; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom~siory noSe he?einbefore destribed snd shsll truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by each and every the stipulations, agreemenb, conditions and covenants of said promissory note and of this Mortgage, then this Mwtgsge and the btste hereby created sh~ll uase end be null ~nd wid. ~ IT i5 UNDERSTOOD that the word "Mortgsgor" whethtr in the singulsr or plural ~nywhere in this Mortgage, shsll be sinyular if one only and ~ shall be plura{ jointly and severally if more than one, +nd that the word "their" as used snywhere in this Mortgage shall be taken to mean "his;' "hen," ~ or "its," wherever the co~text so implies a admits. Also, thst wherever there is a reference in the wvenants and agreemeMS herein containad to soy of rhe parties hereto, the same ~hall be construed to mean as well ~s the heirs, legal rep~esentatives, successwt and sssigro (either voluntary by act o1 the ~ ~ parties w involuMary by operation of the law) of the same and that the covenants herein contained shall bind and tF~e benefiri and advantsya inur~ ro the respective heirs, Fegal represeMat~ves, successas and ass°gns of tF~e parties hereto. ~ And said Mortgagors, fw themselves and their heirs, legal representatives, successas snd aisgns, hereby joinHy and severally covenant and spree ~ to and with tIx said MORiGAGEE, its successort and assigns: ' ~ 1. To pay •11 +nd singuler the prirxipal ~nd interest and t1ro various and sundry svms oI mo~ey psyable by virtue of said promissory note, snd this ~ ~ ~ ~ mortgage, each +nd every, promptly on the dayt respectively the ssme severally become due. ~ Z. To p+y and sirgular the taxes, assessments, lev~es, lisbili?ia, oblig~trons and encumbrances of every nature and kind now on taid deutibed ~ property, w that hereafter may be impo~ed, suffered, plated, levied, or +uesud thereon, a that hereafter may be levied a ~ssessed ~pon this Mort¢ ~ age, a tM indebtedness secured tiereby, exh and every, when due and pay+ble, sccordirg to law, before they become delinquent, snd before any interest arraches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHALL BE PROMPTLY SATISFIEO AND DISCHARGED OF ;Y~ ~ RECORD AND THE ORIGShAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFi1C1AllY ENOORSED OR CERTIFlED) SHALL 8E PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENi; and in Ihe evelit that any thereof is not ~3 ~ paid, saisfied a~d dischsrged sa:d MORTGAGEE msy at any tJme pay the same or a~y part lhereof without waiving or af(ecting ~ny option, Ge~, equity o~ •~qht under or by virtue of this mortgage and the full amaunt of each ~nd every such payment shall be immediately due and payable and shall bear interest ~~om the date thereo( until paid at rate of nine per centum per annum and together wlth such interest shall be sec~red by the lien of th's morgt~ye. ~ ~ - _ js: M3~ ~ ~ _ - ~ ~5 ~"~±5. ~,,.'_~.5~..~~~_ : ~W. , . , . . . . .~~`"t_f~S.. ~ ~~~~;:~"~'a