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Home My WebLink About1293 25~~11 ~ •THIS INDENIURE. Madt the ~ 2t h day of .Tune A.D. 19 ~ 3~ bstwtm C2aucie M. Hobbs, Jr . and Mar~i A T. Nobbs3 hi s wi f~ • of St . I-l1Cl @ ~p~~~y florida, hereinaffer design+~ed +s th~ "MORTGAGOR;' ~nd FIRST FEDERA~ S{?YiNGS AND LOAN A550CIA?ION OF FORT PIERCE, a corpa~Ywn orq~nized and ~xiitinp v~der tM taws of ths Unit~d ST~~~a of Am~riu u+d havinp ib pi~?cfpa! pl~u of busintss tn tlk CNy o( Fwt PiKC~. St. luc7~ Counry. Florida. F1f/QIMf1K desipnatsd as the "MORiGAGEE." ~ WHfREAS tM MORTGAGOR is jwtly Indsbbd ro th~ MORTGAGEE in the sum of s~~ ~~0 • , yood and lawful monsy of the un~Nd Ststa advanced by tM MORTGAGEE unto the MORTGAGOR, ~i evidenced by a certa~n promissory note of eveo date herewith, of yhich the fdbowinp in , words and fiyure~ it • t~w copY, to-wit: ~ ~ 26,3np.00 ~ 11000097 ~ ~ P~~u. June 12, 19 73 ~ for vatue received, I, we or either of us, promise to pay, without defalcation, to the ordsr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fori Pierce, fbrids, the sum of s 26 , 300 . 0~ w;tli interest from date at ths rate of 8 °'ro pe~ aonwn, in monthty inst~ll- ments ai fo:tows: : 22~ • on ths ~~~ay of Au~ILSt , 191~ snd a like sum on ~he cwrespond~np day of each mo~th therr ~ after until the whole be fully paid. fach inst~Hmtnt first shal) be applied in payment of tF~s interest and then o~ the unpaid b+ta~ce of the princ~pal wm. tf default ia msds ie tha y~ payment of ar~y installment when due, and such defauh continues 30 days, then at the option of the holde?, and without any other notice, all the remsining Cr'~ installments shall be due and payabb at once. Privileg~ ii yiveo to prepay this rate in whole w in pait at sny timc without penalty. NeitF~cr forebearu~c~, ~ ll.oo nor atceptance by the hotder tha~eof aFter any defaulf in any payments hereon, shall be deemed extension. A late payment charge of Z shall b~ added to each installment remaining unpa~d 7 days after iri due da1e, and a like sum shsll ba added to each such installment remaining ~npaid 7 dayt after ~ each succeeding payment date. ' ~ Eath maker, surey and endorur hereof, jointly and severally, waive~ demand, presentment protest and notice of protest ior nonpayment, and further •grees fo any eatension of lime of payment, eithe? beFore w after maturity, without no~ice to a~y of usi and to pay all costs of collection, including • ~ rcawnable altorney i fee in the event of any default hercunder, and hereby severally waives all benefit of homestead and e~emption under tl?e cautitut'an arrd Iaws of each State of the United States, as agairtst this obligation w a~y ex~ension or renewal hereof. ~ N, Witness the hsnd artd seal of each party. ~ 1 a i~ cl c~ R! I~f1hhT. Tr CSEAU cs~u ~ S tilargie T. Hobbs ~U (sewq ~ 39 . 45 ~ stats Revenw 'tX~~i1fX~G~b:K~6K~ ~ NOW, THEREfORE, the MORTGAGOR for the purpose of secvring payme~t of ssid sum of = 2.(1T3~ [2Q and the perfwmsnce of ths covenanb a~+d sprcements hereinafrer expreued, and fa divcrs good and valwble conside~ations, by these presenri, does grsnt, baryain, sell, rcmise, re4ease, tonvey and conlirm unto the MORTGAGEE, its s~ccessors and euigns, sIl that certain bt, piK! w parcel of Iand, situate, lying, and beirg in ths ' St. Lucie Counry of and State of florida, dewibed as follows: ~ Lots I1 and 12, Rlock 1, S~!'~'RTSE ESTATES, as Per ~lat thereof in Plat l3~ok 8, Page 75, on file in the Public Records of St. Lucie County, Florida. ~ p~ ~ ~ ~ ~~q/~~ o: ,_3 ~ ~ - ~ ~~G~~~,E+~"~ f = ~ ~ f ~ ~ ~ t-°~. oZ O~ ~ ~E/yEp ~~1 FAYME7~T UF iAk°-: oL-+ c~+ ~ Q• OZ pl~ QN pASS 'C IHTr1NGIBCE PEASOkAL Ps"JPtRfT ~ _ , i t f \ ' i Ptl~SWWT TO CNAPIER 71•I.s4. A..t> c i~i i.~~ I p o ftOc.Ei2 ?~~{TR:~ti CLE°r CIRGiNi OuUP.i, S( LtA:if W,__fLt ~ ~ fogethet with all and tingvla~ !he tenemenri, F~ereditsments and ~ppurtsnces thcreunto beloeginy p in ~nywise ~ppeAainlnp iherefo, and atl ~ents, iuuea, proceeds snd profin acuuing and to ~cvve from said premises, all of w1iKh are included in the sbove ~nd faeg~ing description and habtndum. TO HAVE AND TO HOID the abow desvibed ar?d graMed p~emises unto the said MORTGAGfE, iri successors and ~ssipns forevsr. And tl~ said MORTGAGOR for t h@2 r - heirs, executors, administratws and assign~, hereby covenants with the s~id MORTGAGEF, ib waessors a~d aaiptn, t h e a r e y P P ged from all liens and ancum~ that - x Iawfull seized of the said rert?ises in fee un le; that the same ue free, cte~r snd dischar brances i~ Isw a in equity, and ihat they W~~~ their ~~y M,~rrant +nd defeod the title to the same to the s~W MORTGAGEE, its successors ind assigro, fwever sgainst the bwful daims and demands of sll pasaa; PROVIpED, ALWAYS thst if the MORiGAGOR shall psy uMO the MORTGAGEE the promisfory note hereinbefore desvibed snd ihafl truly, promptly a~d fuily perform, discharge, execute, compkte, tomply with and ab+de by tach and every the stipulstiw~s, ~greemenri, conditian ~nd covenants of s+id promiswry rate ~nd of this Martgage, then this Mortgsge and the &tste hereby ueated shall cesse and be oull ~nd void. IT IS UNDERSTOOD that the word "Mwtg~gor" whether in the singular w plural anywhere in this Mortgaye, shall be sinpular if one only and shall be plural jointly and sevenlly if more than one, sr+d that the word °the~r" as used anywhere in this Matgage shsll be t~ken to mean "i~is; ••'Mn; • or "Fri;' wherever the context w implip or admiti. Also, that wherever there is s refere~xe in the toven~nts ~nd ~greemenq herein contained fo ~ny of tl~e p~rY~es hereto, the same thall be conitrued to mean as welt ss the hein, kgsl representatives, sutcessors and usiqr?s (either volunfary by acf of tht psrties a invduntary by operarion of the law) of the same and that the covenann herein contained shall bi~d ~nd the berwfin and ~dvu+tay~s inur~ :a i:e :a;~:.: : Fw !_sa! •«,•_•••~t,~riv's, succeawn a~d ass~a~s of the parties hereto. And said NLo?tgs~ws, for themielves snd their hein, legal represent~tives, successors and ~ui9ns, hereby jointly ~nd severstly covens~i aad ayree ro and with the said MORTGAGEE, its successors and auigns: 1. To pay all ~nd singular the principa! and interest snd the various and sundry wms of money payable by vinue of said p?omissory note, and this mwfg~ge, eath ~nd every, promptly on the days respeclively the same severally become due. 2. To psy dl and sing~lar the uxa. assessments, kviei, li~bilities, obligstiau a~d encvmbrances of every nahne ~e~d kind now o~ s~id described property, a tMt he~esfter may be imposed, suffered. Piaced, levied, a astessed tl~ercon, w that heresfter m~y bs levied a~ssessed vpon this Mort~- +ye, a the indebtedness secured t+ereby, each and every, when dve and payable, accadi~g to I~w, befae they become ~efi~quent, and belore anp iMer~st ~ttaches w sny penalry is incurrcd; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTIY SATISFIEO AND ~ISCHARGED OF RECORD AND THE ORIGlP3Al OFF1CIAl DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENOORSED OR CERTIFIED) SFIAtI BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof a rar paid, sat:sfied snd discharged sa:d MORTGAGEE may at any time pay the same or any psrt thereof without w~iving a sffettin~ any option, lien, eqvity a •ipht unde~ or by vinue o4 this mortgsge and the full amount of each ~nd eve?y such payment shall be immediately due and payabk snd shail besr interest ~ <<om the date t reof until paid at rate of nine per centum per annvm and toyether with svch interest shalt be secured by the liea af tb:s morpta~e. , ' - 6~0~215 ~d~~1~~~ ~ _ _ . - -