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Home My WebLink About1450 . ~ • 25'7089 TH15 INUEAlIUR n~,~. t day of 'Jul~e ' A.O. 19? 3 between ~oay a~. ey and ro yn . i ey , s wi e of St . L11C1@ • Cpynry Flaida. F1tfQiMfiN designated ai tM "MORTGAGOR;' and fIRST fEDERAt SAVINGS AND IOAN ASSOGIATION Of fORT P(ERCE, a cwpaation orp~nized and exisring vndei !hs laws of th~ United St~ta of Arn~~ka ae?d havinp iq Nrincipal place of buiinsis in tM City of Fort PiKC~, St. luci~ Covnty, florkla, Mrei~aite~ dtiipn~tec! a~ tM "MORTGAGEE." WHEREAS th~ MORTGAGOR is jwtly ir~debted to 1M MORTGAGEE in ths sum of i 27i'4~ • good and I+wiul money of the Un~ted ~ States advsnced by ths MORiGAGEE unto tt+e NWRTGAGOR, es evidenccd by a ce~tain promiasory note of eve~ date herewith, of wh~ch ths tollowinp in ~ words ~nd f' ur~t is a trw copy, to-wit: • ~ ; : a~~4o'$, oo ioc~aooo~ v~..~.. Fb.~d.. June 14 ~9 ?3 for value ~eceived, 1, vre or eithcr of us, promiae to pay, without defalcation, to the order oi FIRST FfDERAI SAVINGSS AND LOAN ASSOCI/~Tf~N OF ~ fORT PIERCE at Fort Piace, fbrids, the sum of =27 ~ 40~• ~ w;th inte~est from date at the rate of 7'~ ~ 76 per anr.vm, In ~mnlhly irvta:~- ; 2~7 00 20th Jul 73 ~ ments as follows: t • on ths day of y , 19 snd ~ like sum on the cor~esponding day of each month there- y' rfrer until the whole be fully paid. Esch installment iint shall be applied in payment of the interest and the~ w? the unpaid bnlance of the prinupal wm. If defiult ta made in ths ~ payme~t of any ins~allment when due, and such default continves 30 deys, then at tha option of the holder, and without a~y o~hqr notice, a{I the remaining ~ ~ installments skall Lre due and payabk at once. Privilege if givcn to prepay this note in whola w in psrt ~f any time without pe~alty. Neilhar fwebearsnce, 1 10 35 ' nor ~cteptante by the holder thereof after any dafavlt in any paymeMS hereon, shall be deemed extmsion. A Iate paymeM charge of = • shal( be i ,"v added to each installment remaining unpaid 7 days afte~ iri due d+1e, and a like sum shall be added to eath s~ch inslalfinent remaining u~psid 7 days aftN ~ each succeed+ng paymeM dete. Each maker, surety and endorser hereof, jointly and aeverslly, waives demand, preuntment protest and notice of p~otest fw nonpayment, aod furtixr agrees fo any extensio~ of time of payment, eithe~ before w after maturif~, witFwut ~ot~ce to any oi us; snd to pay a!I cost~ of collection, inc:uding a ~ rea:onabte attwney i fee in rhe evenl oi any defsult hereunder, and hereby uverally waives all benefit of homestead and exemption under 1F?e constifution and laws of each State of the United States, as ag~inst this obligation ot any extension or renewal hereof. Witness the Fwnd and seal of each party. /s/ Cody L. Bailey ~q Bai 1 e ~Au s Caro yn . y ~u 41.1n ~ t 1 State Revenue ~ ~ NOW. THEREFORE, the MORTGAGOR for the pu~pose of secvring p~yment of isid svm of = 27 ~ 4~~ ~nd ths performance of ths covenants ~nd agreertx~b hereirwRer expreued, and fw divers good and valwble conside~ations, by tMss presenri, does grant, bargain, seli, remise, ~ release, to~vey snd con4irm uoto the :~10RTGAGEE, iri sutceuors and aui~ns, aN that certain lof, piKe w parcel of I~nd, situate, lying, a~d being in the County of $t . Lueie and State of Flo?ida, dewibed a followi: . ~ Lot 22, Block 102, L,AKE~D PARK UNIT 1, as per plat thereof on file in Plat Book 10, Page S1 of the Public Records of St . Lucie County, Florida,? . " s-r~a,T ~F FLOR~[aA ~ o= ~'DOCUMEN ARY , SIAMP IA X j . ~ OEPT. GF REYEMUE . s, y. • _ ' ~ ~ IR PAYNEN? Of 7~ , *o ~ - = ,i~Ali'73 ~ ~ ;.j; ` ~ RECEIVED ~===~-f-'"'-- ° , o = i~? ~ ~ ~ DUE pt1 Ct11SS 'C' 1NTE ~ ~ B'~ A S`~~ i~£RtY,! ! ; ' ~c ~ p(~RSl1At1I TO p,01TRAS ~ l . p~itK..CIRf~Mj ~R1? ST. WC?E 00, fU~ ! f together with all and singulsr the tenements, hereditsmenb and spp~rtances thereumo belonginq or in anywise sppertsinirg thereto, and all renb, iuues, j proceeds and pro4its accruing snd to acvue from ssid premises, ai! of which a~e included in the ~bove ~nd fwegoing description and hsbendum. ` TO HAVE AND TO HOW the above described snd granted premisa unto the said MORTGAGEE, iri svaesson and assipen forwa. Md th~ said ` I~+tORTGAC~ a ro, their executon, administratws snd usigm, hereby covensnts with the s~id MORTGAGEE, its waessors ~nd ~ssipro, ~ that - t fle~aXe lawfull seized of the said ~ Y premises in fee simple; thst the tarn~ u~ free, cles~ and dixMrped from sll liens u~d entum- i brances in Iaw or in equity, and that t he y W~~~ s~ t he i r hein shall warrant and defend tM title to the same to the said ; MORTGAGEE, its succeuors and au' ns, forever g sgainst tf~e lawful claims snd demands of al! persons: PROVIOEO, AIWAYS that if fhe MORTGAGOR shall pay ~nro tl?e MORTGAGEF the p?omissory note hereinbefore destribed ~nd sh~ll truly, promptly and tully periwm, dixharge, execute, compkte, comply with and abide by esch snd every the stipulations, agreements, cond7tioos and covenan» of isid promisswy note and of this Mortgage, then this Mwtgage and the Estate hereby ue~ted ~Mtl u~se u~d be null ~nd ro+d. IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singulsr ot plurel anywhere en thi~ Morigage, shal) be sinpular if one only end shall be plwa! joiMly and severally if more than o~e, snd that the word "their" ~s ~~ed anywhere in this Nbrtgage sFMll be taicen to mean "his," "I~en;' ~ or "in;' wherever the context w implies or sdmits_ Also, that wherever there is a r~ference in tlx covenants s~d sgreements herein oontsined to any of ~ tFu parties ixrcto, the ume shaN be constrved to mean at well as the 1~eirs, lepal rspreuntativcs, s~ccesson and suigns (either volunury by act of tF+~ ~ i parties or involuntsry by operaYan of the law) of the iame and that the covenants herei~ cont~ined shall bind a~d the benefib snd dvantages inw~ ~ .o th~ heys, Iegal rewesentatives, succeswn and au~gns of the p~rties hereto. t~. And said Mortgsgors, fa fhemsetves snd their hein, lega! representativa, wuessors ~nd auigns, hereby joinlly and severally cov~nsnt ~nd agree ~ ~o and with tha s~id MORTGAGEE, its successon snd auigro: ~ y 1. To pay ~I! snd sirgular the principsl and interest and the various ~nd sundry sums of rtqney payabk by virtue of said promiswry nots, and this ~ ~ rnortgsge, each and every, promptly on the days respectiveiy the sune severaNy become dve. ` 2. To p~y sll and singui~r the taxes. ~ssessmenrs, kvies, liabilities, obligafions snd sncvmbrances of every nature and kind now on s~id d~sc?ib~d ~ ; Property, or that heraafte? may bs imposed, suffered. Placed. levied. or ~ssessed tF?ereon, or that here~fter may be lev'~ed w assesied upon ihis Mwt¢ f a9e, w rhe indeb~edneu sec„red hersby, each and evaY, when due a~d p~ysbte, aaording to bw, befors they become delinquent, and bsfwe ~ny interest : atraches or any penalty is intu~ied; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ~ ~ RECORD "ANO THE ORIGINAI OfFIC1Al DOCUMENT (SUGN AS, FOR INSTANCE, THE TAX RECEIPI OR THE SATISFACT(ON PAPER OFFtC1ALtY ENDpRSED OR CERTIFIED) SHAII BE PiACED IN tHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and i~ the event that any thereof is not paid, sat'Yfied and dischatged sa:d MORTGAGEE may at any time pay the ume o~ any psrt thereaf without waiving w affectirg any optiot~, lien, eqvity w •iQht under or by virtue of this mortgsge and the full amou~t of each and every such psyrtsent shill be immediately due and payable arx! shall be~r interest ~~om the date thereof until psld af rate of nine per centum per annum a~d together wilh such interest ihall be secured by the lien of th:s morgtpe. ~ ' r i ~ ~'`~'~'"~~?sa~.~ ~ x. _'ti1' ~~.5..~,~~~ _ . _ , ` . _ . . _ ,.~3v