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Home My WebLink About1301 - 25~41 S , 4 THIS IND~NTURE. Mad~ tM Ilth ~y of ~ .~llif@ A.D. 19 73 betwes~ Joe 8. Bowers and Thelaa B. 8owess his wife of t~ ~ e Camy Florids, hereinafta dc~ignated ~s 1M "MORTGAGOR;' ~nd FIRST FED~RAI SAVINGS AND IOAN ~ ASSpC1ATION OF fORT PIERCE, • caporatwn or9a~~zed ~i+d axi~tinq v~dar tM I~ws of tM United St~te~ of /?~ntric~ s~nd Mvinp iri principal pfac~ of ` buun~ss in tM City of Foet Pixce, St, lvci~ CounTy, florid+, hereinafi~r d~siy~at~d a~ th~ "MORTGAGEE." ' ? WNEREAS tM MORTGAGOR is iwtty ir.d~bted 1o tht MORTGAGfE in the sum of OO - good and lawfvl moaey of the Unitcd ; States adva~ced by ths MORiGAGEE umo the MORTGAGOR, evidcnced by a certain promiuory note of even date he~ewith, of which ~he falowinp in W 36 ~ ODO.~OOs a uw coPY. tow~t: ~ 1 OQ19985 ~ s ~ ' fort Pbrc~. Flwida. .T{lI1@ 11 19 73 ' for value received, 1, we or either of us, promise to withovt de~alcation, to the order of FIRST FEDER4L SAVINGS AND IOAN ASSOCIATION OF i • FORi PIERCf at fpt Pierce, Fbrida, the sum of s~~ ~ with ioterest irom dats at the rate of 8~ 0 96 per annum, in mo~thly instai(- ~ ments as fotlows: Z 3~ on tF?e l~t•tlay of AuQUSt , 19 73 and a like sum on ths correspondiny day of each moMh therr Z ~ after until the whote be ful~y paid. . ~ ~ - Each installmem first shall be applied in payment of the interost and then o~ the unpaid balsnce of the p~inc~pal wm. If detault is made in the ' ~ payment of any installment when due, and such default ca~?inues 30 days, lhen at fhe option of the holdc?, and without any other notice, all 1M remaining ~ ~nstallrr~mts shall be due and payable at once. P~ivilege i~ ~ive~ ro prepa~this note in whok or in p~rt at any fime withovt penslty. Neilher forebea~a~ce, ~ ~ ~a ~cteplance by th~ hokler thsreof after ~ny def~uU in anY paYmants her~on, shall b~ dserrKd ~xtcnsion. A lsta paynx~t charge of ~15 ~ 1 ~ shall bs added_ro euh installment rcmaining unpaid 7 days ~fter iri due date, ~nd a like sum shall ~e added to ea~h s~ch in;tallment remaining unpaid 7 days aftet ~ i X eath sutceedin~ payment date. ty 'p' y y prese~tmenf p~otest and ?wti4e of protest for no~payment, and funher ~ E~ch maker, aure and endwse? hereof, ~ntl and sever~tl , waives demand, agrees ro eny extens+on of time of payrrKnt, eithcr befwe w after matvrity, without notice to any of us; and to pay all costs of collMion, i~cl~ding a ~ L reasonable attomey's fee in the ~venl oF sny defaul~ hereunder, and hereby severelly weives all benefit of homestead and exemption ur~der the ca?sfitution ( ` and laws of eath State of Ihe United States, as against this obligation w any extension a renewsl reof. ~ Witness the hand and ual of each party. ~ ' «s~wu s/Jo B. Barers ~AU a ~ s ?helsa B. Bowers ~ r • ~ ~ State Revcnue ` ~STSltip! dllt~ll~ ~ ~A4t~~f'110t~ } \ NOW, THEREFORE, the MORTGACaOR fw the pu~pose of securing payment of said sum of S 36~~~~~ . and the performance of fhs ` covenants and agreements hereinafter expressed, and fw divers good and valuable conaiderations, by theae presents, does grant, baryain, sell, remise, ~ refease, convey and confirm unto the MORTGAGEE, iri tuccesson and as~igns, al{ thst certain bt, piece or parcel of (~nd, situate, lying, snd beinp in ths County of $t. Lucie and Stats of fbrids, deuribed ~s follows: ~ Being s parcel of land lying in Block 11, Pala Haven Subdivision as the ! saae shown in Plat Book 8, Page 44, Public Recosds of St. Lucie CountY4 ; Florida. Tbe boundary of said pazcel being ~ore part~cilazly descxibed as f ol lows : f Frov the NB corner of Block 11, run Souih 870 50 ' W along the South line of At2antis Avenue, ~ow known as Avalon Avenue, 361.3 feet, thence South ` 13° East 133.95 feet to the point of beginniag. Rron the point of i beginriing, run North ~8a14'30" Bast 88.43 feet; th~nc:a Soutd 13°00• East 26.05 feet; t6~nce No~th 87°50~ 6ast 69.10 feet; t6enc~ South 13°00' East 21.00 fevt; thence South 34000• West 62.54 feet; thence Soutb 87~ 50' West 110.60 feet; thence North 23°pO~ West 83.30 feet to the Yoint of Beginning. ~ ~ „ - IN PAYMENT Of U~X~~ ~ n _ STAT oF FLCJ R t D A ~ ~'E~~ •C• ~f{TpNGIBIE PERS~NAL PROPERIY. ~ ~z OOCUMENTARY~',`--•.,. STAMP TAX! i o . TO CFIAP~ER 71•134. AC1S Of 19: t. ~c a c-+ DEPS.OF REVENUE :'i ~ ~R~T ~E~ pp~TRpC '~fA ~ M ~ S~• ~ I CIFRK C P,T Si. LUCIE C0~ ~ 1 ' P0. ° "ti:J 1 t'13 . - 1(tCUIT OOU . ~ ~`~J.../` , ! Q t{IOt i ~ . ~ rogether with a!1 and singulsr the tenements, hereditamen» and appurtances thereunto belo~gin9 a+n ~nywise apperisinirg thereto, and dl rents, iaues, ~ proceeds and profin xauing snd ro sccrue from ssid prem~ses, all of which ue incluJed in the above snd fore~arg desviption and habendum. . ~ TO HAVE AN tI0 HOLD the above desvibed and 9ranted p~emises unto ths ssid MORTGAGEE, its succeswn u~d ~uisru forevsr. And th~ ssid j ~ MORTGAGOR fw neir ~;~s, exKUton, edministrators and auigns, Fereby cover?snts with the said MORT6AGEE, Hs svaeuon ~nd asti~% ~ tn~f - t~~ey are ~awfuUy se~zed oi tF~e said premiies in fee simpte; ttut the ams are free, dear snd discharQed from all liens ~nd ~neum- ' brances in law or in equity, and thst they w~~~ a~ their hein shall warrant u+d defend the titb to the same to the said ~ MORJGAGEE, its sucuuors and suigns, fwever sgai~s? the lawful claims and demands of alt persons; - PROVIDEO, AlWAYS that if the MORTGAGOR ihall pay unto the MORTGAGEE the promissory rate hereinbefwe described snd shsll truty, promptly and fully perfwm, d~xharge, execute, compiete, comply witF and abide by esch ~nd every the atipulations, agrsemenri, conditions and core~snri of said promissory note arw! of this A~longsge, then this Mortgsge and tlx Estate hereby ae~ttd shall ce~se and be null and void. IT IS UNDERSTOOD that the wwd "Nlwtgsgor' whether i~ the singular or ptvr~l ~nywher~ in this Mortyape, shall be unpular if one only and ~ shall be plural 'pintly and sevenlly if mon tF~an one, and that the word "their" as used anywhere in fha Mortqipe sbsll be faken to me~n "his;' "hen," ~ or "its,° whertver the context w impJies a adm;ts. Also, that wherever there is a reference in the coven~nts snd ~greements herein contained to any of ~ t the parties hereto, the ssme shall be construed to mean as well as the hein, leyal reprcsentatives, successws and assigns (eithe~ voluntsry by act of tht ; parties or involuntary by opcration of the taw) of the same sr~d that the covenants herein contained shall bind ~nd ti~s benefits and advantayp inw~ ~ - .~a _ rl,~ narties hereto. ~ t0 1~!! fl3PlC11Y! flGllf. ~al fC/~estni~ii~p• iiiff2ii:'2 ~~s"- - Q ~ And ssid Mongagors, for themselves and their hein, kgal reprexMStives, iuccessws and ~uigns, hereby jointly and sevaally cove~snt snd ayrte ~ fo snd with the sa+d MORTGAGEE, its successors end assigns: 11 ? j ~ 1. To pay all ind singut~r the principal and interesr and ti~e varian and sundry wms of money psyable by virtve of ssid promitsory note, and this ~t"'~ mwtgage, each and every. Promptly on the days rapectively ti+e ssme severally become dw. ~ 2. To pay all and singulsr the qzes, nsessmenb, levies, lisbilities, obligstions and encwnbaeues of every nature and kind naw on said desoribed ~,o 5 property, w that hereafter may be imposed, suffered. plsced, levied, or ~ssessed thereon, a tF~st heresfter may be kvied w auessed upon this Mwt¢ ~m ( age, or the indebtedneu secured hereby, eacb a~d Every, when due a~d p+yabk, accordi~ ro law, before tFky become deli~quent, ~nd befot~ ~rry? interat F attaches w+ny penslty is inturred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SFiAII BE PROMPiLY SATISFlED AND DISCHARCaED OF ' RECORO AND THE ORIGINAL QFf1C1Al DOCUMENT (SUCN AS, FOR lNSTANCE, THE TAX REtEIPi OR THE SATISFACTION PAPER OFFICIALIY fNDORSED ~ OR CERTff1ED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AF1ER PAYMENT; and in the event tRat a~y thereof is rar paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pey the same or any ps~t thaeof without waivirg or ~ffecting sny option, lien, equity or •~qht under or by virtue of this mortyage and the full amount of each and every such payment sF?~II be immedistdy due and payabk and sMll bear interest ~ ~•om the d~te thereof until paid at rate of nine per cent~m pet •nnum ~nd toge~her w~th suth interesf ~haH be secvred by the lien oI tb:s mwgtspt. ~ , , ~ r - ~ ~ . _ t _.,x-.. ~