The URL can be used to link to this page

Home My WebLink About2268 . +c~ rt;73 ~ THIS INDENTURE, Mx~ the LZnd d~y o{ .1L1[fe A.O. 19_ 73, Mtw~en ^ r- . . l.amar D~naldson and Carrie Denaark D~~v.i~san~ bis Mrit~ of St• LUCig ~py~~y f~~, ~~~MftK dttiQnated ai tM "MORTGAGOR;' ~nd FIRST fEOERAI SAVINGS AND IOAN ASSpC1AT10N OF fORT PIERCQ ~ corporation orpanized and ~xistin~ undK tM laws of 1M Uoit~d St~tq of /4nHica ~nd fiavirg i» principd pl~ce of buun~w M the tity of fort Pi~rc~, St. tuci~ Cou~ty, fluida. h~r~inaft~~ de~iynated as 1M "MORTGAGEE." WHEREAS tM MORTGAGOR is j~rstly ind~bt~d ro tM MORTGAGEE In tM tvm of good ind lawfui monay of the U~~ted StaMS advanced by ths MORiGAGEE unto tM MORTGAGOR, as svidenced by a certsin promisswy note of even data herewith, of wh~ch ~M followinp in : words and fiyuroi is s trw copY, to-wit: ; s 10.000.00 r,~, 10020~7Q Fo.r Pte.c., F~o.fda June 22 ~yy3 For valve received, 1, we d either of us, promix to pay, wi~hout def~lcation, to the order of FIRST FEDERAI ~/1VING5 ANp IOAN AS50CIATiON OF FORT PIERCE at Fort Pierce, Flwida, the ium of f l~j~~.~ w;th intereit (rom date at ths ~ate o~~_96 pcr annvm, in monthly install- rnents as follows: S 98•~ cn the 20th day of A~~t 19 73 and a tike s~m on the carespond~nq day of each month the~r after until the whole bs fully paid. Each installment first shall be applizd in payment of the i~terest and thcn on the unpeid balence of the pr7nt~p+1 sum. If defautf is made in tM payment of any installment wher~ due, and such default continves 30 day~, the~ at the opY~on of the holdc?, and without any other notice, all ~he rem~ining ~nstallments shall bs dua and payable ~t once. Privilege is given to prepay this rtote in whole or in part at any fims without peoalty. Ne~fier-forvbearsnc+, nor acteptante by the holder the~eof after a~y default in sny payments hereon, ahatt be dcr.ned extension. A late payment tharge of = 4•9O shalt be added to each ;nataltment remainirg unpaid 7 dayi after its due datq and a like aum shall be added to each auth installment remaining ~npaid 7 days +fter each succeediny payment date. . ~ : 1 Each maker, surey and endaser hereof, jointly and severaily, waivea demsnd preuntment protest and notice oi protest for nonpaymsnt, end further ; agreet to any extension of time of paymenf, eitF~er before or a(re~ mawrity, without nolice to any of us; and to pay all costs of collection, including ~ reasonable attwney's fee in the event of any default hereu~der, and hereby severalty waives all benefit of homestead a~d ~xemption u~der the constitution and laws of each State of the United States, as syainst this obtigation or ~ny extension w renewal hereof. Witness the ha~d and ual of esch party. s/ Laaar ponaldson ~AU . ts~?u cs~?i~ $ 15.00 s/ Carrie Denc~ark Dona,ldson ~ ( ~ State Revenue NOW, THEREFpRE, the MORTGAGOR fo? the p~rpose of ucuring paYment of uid sum of s 1O ~~0 , aeid the performsncs of tM covenants and agreements hereinafter expressed, and for divers good and valuable conseder~fions, by fhess present~, doef grant, bsr~ain, sell, temise, rrlease, convey and confirm unto the MORTGAGEE, its successors ~nd suigns, ell that cenain bt, piece w pucel of la~d, situate, lyiny, and beirg in tM County of St. LL1Ci@ ~nd Stat~ of Florid+, described ~s follows: Lot 4, Block 1, At~USTA S[BDIVISION, as per plat thereof , on file in Plat Book 8, Page 34, Public Records of St. ~ I.ucie County, Florida ± t - ~ ; w s AT~ o~ FL~RiDa~ . oZ ^ DOC=UMENTARY,.,-s.:~ STAMp iA~ ~ ; UE~1_ Qi RE1IEKUE ~ ; - ' P~. ' ~~~~~~73 ~ 1 5. D 0 ~ ~ o ~ ~ ~ ~ot~ . ` p~YMEt~ pERCI. . . . ' ~ ~ '~6~6~-~'~S ~4~j1 C` ~ ~ 11n .~>13~• ~ _ p11~ ~N ~ 0 C~P~ ER PD~~pp `~.~tt ' : ~~?1ANt , ~uR~. S~• ~ ; C~RK ~\R~ ` # - t rogcther with all snd singul~r the tenemcmi, hereditamenh and ~ppurt~nces thereunto belonging or In anywise apperUinlrg thereto, artd all rents, issue~, p~«eeds and prof~n accru~ng snd to scaue from seid premises, all of w1iKh are included in the above :nd faegoing descripYron and haberwlwn. t0 HAYE AND TO HOL~ the sbove desvibed and gnnted premKes unto the ssid MpRTGAGEE, in succetsws u~d auipru forever. Md th~ ssid MORTGAGOR for their ~~;~s, executon, sdminiatrstors and assigns, hereby covenann with ths said MORTGAGEE, its suueiaon ~nd ~asipro, rhat -~~~Y-a=Q--_ Iawfully sei:ed of the said premiies in fee simple; th~t tM same are free, clear a~d dixMrged from aN liens and tixvm~ brances in law w in equity, and thst t hev r,,;~~ the i r hein shall wur~nt ~nd defend tht title to the iame to the sald ~ MORiGAGFE, its successors snd auigns, fwever against the lawful claims and demarxls of atl persons; PROVIDED, ALWAYS that if the MORTGAGpR sMll pay unto the MORTGAGEE 1he promiuwy note hereinbefwe described u?d shall truly, promptly and fully perfwm, discharge, execute, complete, comply with and abide by each and every the sfipu(stions, agreements, conditions ~nd covenants of s~id ~ promiuory note and of this Mortgage, then this Matgsge and the Eatate hereby aeated shsll cease and be null ~nd void. IT 15 UNDERSTOOD that the word "Nlortgagor" whether in the singular w plwsl snywhere in this Mortga~e, fhall be iinyulu if one only ~nd shall be plurd jointly and severally if more tha~ ons, ind that the word "their" ss used anywhere i~ This Mortg~ye shall be taken to m~an "his," "hen;' or "id;' wherever the context w implies or admits. ~ Al~o, that WFIlIlVN tI1H! if ~ reference in the coven~nts and a9reemenn herein containsd to any of ~ the p+ri~es hereto, tt~e same shall be corurrued to mean ~s well as the heiri, leyal representatives, succeuon and assigru (either voluntary by ac1 of th~ pa?ties or involuntary by operatio~ of the faw) of the same and that the cwaunts herein contairxd shall bind snd the benefits +nd adva~tapes inui~ to the respective heirs, tegal rep?esentat~ves, successws and au~yns oi ine pui~as O.e~e:o. ~ ~ And said Mortgagors, for themselvq and their hein, Iegsl repreuntstives, successors •nd auigns, F~ereby jantly and ieverally covenaM ~nd aqr~e ~ to a~d with the said MORTGAGEE, iri successon ~nd auigns: Q 1. To all and ~i p+Y ~yu(ar the principal and intaeit •nd the various snd surdry sums of moneY paYabk by virtue of aaid p~omissory note, and thls mortgaye, each and every, promptly o~ the days respectively the seme severslly become due. 2. To p~y ~II •nd singular the tsxes, assessmentf, Isvies, liabilities, obligations and encumbru~ces of every ~ature ~nd kind now on said described property, or that hereafter may b~ imposed, suffereA, placed, levied, or auassed thereon, cr th~t here~fter may be levied w~ssesscd upon this ~ agr, a tl+~ indebfsdneu secured hereby, esch and every, when due and paysble, xcadinp to law, befwe tkey become delir?quent, and befon ~ny im~ a~ atraches w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND DISGHARGEO OF ~a RECORO AND THE ORIG1fYAL OFfICtAI DOCUMEIVi (SUCH A5, fOR INSTAMCF, THE iAX RECEIP? OR THE SATISFACTION PAPER OFfICIAItY ENOORSED nW ' OR CERTIFIED) SHAII BE PIACED IN 1HE HANDS OF y11D MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event th~t ~ny thereof is no1 paid, sst'sfied ~nd dixhsrged sa:d MORTGAGEE may st any time pay the same w any part thereof without wsiviny or affecti~q any option, lien, eqviry p •~qht under or by virtue of this mortgage and the full amou~t of each ~nd every such payment shalt be immediately dve ~nd psysble end sh~ll bear i~te~qt ~~o~r~ ~he date thereof until paid at rate of nine per centum per annum •nd toyether w~th suth interest shall be setured by the lien of rh:s mw~fa9e. ~ , _ ~ ,-~^a~ r .3` ~ -r°z ; `~~y' ~~.-~rc~`~'~''~i~'+ '~''~s_ s~'„r^`~ _ . _ . . ' _ " a r ~ ~c~~x~.s`".~~5.~