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Home My WebLink About2278 2s~s~r~ G THIS iNDENTURE. Mad~ tMie ~Znd day of 'j~~ f( ( : A.D. 19 73-, betwkn Charles B. Ba11 and Gloria D. 8~11~•hia wifQ of $t• i'~i0 Co~nty flo~id~, F1ffOfM~iM designared ~s th~ "MORTGAGOR;' and FIRST FEDERAL S~?VINGS AND IOAN ASSpC1AT10N OF FORT PIERCE, • corpaation o~a~ized and existin9 unda IM laws of tM U~~ted St~t~s of Ame:ica +nd h+vinp in principsl plac~ of ~ buiineu in tM City of Fort PiKCe, St. L~ci~ Co~nty. Flwid+, hereinafter detiyna!~ tM ~RIGAGEE." ' WHEREAS tM MORTGAGOR is jvslly indebted to ihs MORTGAGEE in the ium of ~ good and lawful mor+ey of the U~~ted Srates advanced by the MORTGAGEE unto tM MORTGAGOR. as evidenced by ~ certai~ promiuay note of even da~e herewith, of which the following in ~ words and figures is ~ trw copy, to-wit: ~ 1~~0~6 ~ s2`~~.~ - ~ .111i1~ ZZ 19L Fo?T Pierc~, florida, Fa value ~eccived, 1, we or eithe~ of us, promix to pay, without defalca~ion, to the o~dcr of FIRST fEOERAI SAVINGS ANO IOAN ASSOCIATlON OF ~ F02T PIERCE at Fu~f Pierce, Fbrida, thc sum of S 7~~~~~ with interest irom date at the rafe of 8~~ °Xs p~+ annum, in monthly install- r,~ents as to1!owi_ t59~~ on 1he2~h day of ~~st 19 73 +r+d • Iike sum on Ihe cor.espondirg day of exh month there- J afrer until the whoie be ful~y pa~d. ~ Each inatallment fint shall be applied in payment of the ioterest ~nd then on tF?e unpaid balance of the princ~psl sum. If default is made in the paymeN of any installment wheo due, aod such defauh tontinues 30 d~ys, then at Ihe option of the hotdei, and without any other notice, aIl the remainirg ~nstallments shall be due and payabfe at once. Privilege is given to p?ep+y lhis note in whole or in pa~f at a~y t~me without penalty. Nelther fwebearsnce, J ~ nor acceptance by the holder thcreof aiter any default in any payments he~eon. ahsll be dremed extension. A late payment cherge of S--Za~_, sh+~l be , added to each installment remaining unpaid 7 days after its due date, snd a tike sum shall be added to each such installment remaining unpaid 7 dayi ~fter ° each s~cceeding paYment date. ~ ti Each maker, surery and endurser hereof, joindy and severally, warvei dcmand, p?esemment prorost and no~ice of protest for nonpaymeot, and funher agrees to any extension of time of paynxnl, either before or a`.ter maturity, without notice to any of us; and to pay all costs of cotlection, includ~rg • ~ rrasonable attorney's fee in the event of any default hereunde~, and hereby seve.ally waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation w any ,extension w renewal hereof. Witness the hand and seal of each party. ; • cs~?u ~ s Charles B. Ba?11 ~A~~ _ cs~?u s/Glor i# ~ D. ~ Bal l ~senu ' ~ ~ ~ 1~~ S~ ~ State Revenue le~sr~~w+e~ed~+~+g~nae) . NOW, THEREFORE, the MORTGAGOR fw the purpose of secu?ing p~yment of ssid sum of S 7~~~~~ u+d the performance of the covenants and agreements F+~reinafter expreued, and fw d'+vers good and valuable cons~de+atwns, by these presents, does grant, bargain, sell, remise, retrase, convey and confirm unto tlx MORTGAGEE, its succesiors and auigns, ell thst certain tot, piece w parcel of land, tituate, lying, snd beirg in the Couny of I'llCie and State of Florids, dewibed as follows: NW ~ of BQginning at the SW corner of the/Section 17~ ?awnship 35 South~ Range 40 Bast, St. Lucie Cour~ty~ Florida~ run thence North 88 degrees 30'21•' 6ast aloug the Section line~ a distance of 45.02 feet; thence run North 00 degrees 10~01'• Ba?st a distance of 330.11 teet; lhence run North 88 degrees 31'06" Ba?st a distance of 301.00 feet to the Point of Beginning: Fzoa aaid point of Beginn- ing run thence South 00 deqrees 10'O1" West a distance of 136.82 feet; th~ce r~ North 89 deyrees 59' 30" Ba?st a distance of 7.49 feet; t2ience Yun Soath 00 deyreea 10'O1" West a distaace of 145.00 feet; theace sun North 88 degrees 30~21•' Bast a distance o~ 74.99 feet~ thence run North 00 degrees 10'O1" 6ast a dis~ance .of 281.98 feet, aore or less; thence rum South 88 degrees 31'06" West to Point of eeginning. ~ } .r ~ ~F F L Q R{ CD A~ } / 1N PA`~~ ~ v R~, o= ~ OOC~~1E ~ RY~~:~_STt~MP Il,~ ! -Y~ / ~~~yGIB~-EpE q~s pFC~~. Jl~ ~ a'' DEPT. OF REYENUE ' .-s 'C ~'iA. AC ~ ` '~'c `r - _ ~ ~ ~ ' ~7 0 ~ D~ ~ al?~ CH~tEv l1• ~tRa'~ 4tA - _,;,.~2TI3~.~~ " tT0 ~',E~ ~ ~;lC~E rn ~ P9- t~~ ~~N 5~ ~ 11E02 C'~~H ~ ~ ~ ~ ~ CI:.RK ~1l;C~II ~ s ~ ~ rogether w~th all and singvlar !he teneme~ts, hereditaments and appurtances tF~ereunto belonging or in anywiu apperfaining thereto, and all rents, issues, ~ prxetds snd profits accru~ng and to acvue from said premises, efl of which are irxluded i~ the above snd foregang descripYron and habendum. ~ TO HAVE AND TO ~lD the above dewibed snd granted premises unto the said AAORTGAGEE, its successors a+d ~uigns fweva. And th~ uid MORTG R for ~e r - heirs, exetutw.s, administrators and assigns, hereby tovenants with the s~id MURTGAGEE, iri sutcesw~s ~nd ~ssipru. ~ `~~°ey are rhat - lawfully uized of the said prem7ses in fee s~mple; that the same are free, clesr snd dixhsrged from all liens and enc~m- ~ brances in Iaw or in equity, and that t~Y wi11 ~nd their heirs shall wsrrant and defend the title to the same to th~ ssid ~ MORTGAGEE, its s~ccessors +nd auigns, forever against the lawful claims and demsnds of all persau; PROVIDED, ALWAYS thst if thc MORTGAGOR shall pay unto the MORTGAGEE the promissory nott hereinbefore described arx! shall truly, promptly ~ and fully pe?form, dlxharge, execvte, compkte, canply with and abide by each and every.the stiputations, +greemenri, conditions and covenanri of ~aid promissory rate snd of ~his Mortgsge, thcn this Mortgage and the Estate hereby aested shall uase and be null and void. ~ ~ IT IS UNDERSTOOD that the word "Mortgagor" whNher in the singular or ptvral ~nywhere in this Mortgsye, shsli - be singular if one only ~nd ~ shall be plural jointly ~nd teveratly if more tha~ one, and that the ww~ "~heir" ~s used +nywhere in this Mortgage shall be takee to mean "his:' "hen:" ~ or °iti;' wherever the context so implies or admits. Also, that whereva there is • reference in the coven~nts ~nd spreemem~ herein tontained to any of ~ " rhe parties hereto, the ame shall be construed to mean ss well ss the heirs, legal representatives, successon +nd assigns (either vol~ntary by act of fM ~ ;e parties or involunt~ry by operatan of the taw) of tht ssme and that the covenants herein comained shall bind and the benefits aod adwMages irw~~ _i ro tne respeaive neirs, iegei ~epresenisii~es. .~~a::,+; a..., -.;;`y:.s ...a Ya~Eea ....:-so. ~ ~ rz And said Mortgagors, fw' themxlves snd their hein, legal representatives, successon and auig~s, hereby jointly end severally coven~nt and ayree ~fi ro and with the said MORTGAGEE, its tuccessors ~nd auigns: 1. To psy all and sirgular the principal +nd inie~est and the various and sundry sums of money pay~ble by virtue of said promissory note, +nd thit M~' morigage, each and every, p?omptly on the dsys respectively the s~me severally becort~e due. A~ 2. To pay all snd ~ing~ler the taxes, aiussments, levies, liabilities, obligations snd encumbrances of every nsture s~d kind now on iaid described property, w th~t hereafter may be impoud, suffered, pl~ced, levied, a sueued thereon, a tlut hereafter may be lev;ed or usessed upon this Nbrt¢ p~o age, w the indebtedness setured hereby, exh and every, when dve ~nd pay+ble, accordirg to Iaw, befwe they become delinquem, ~nd befort ~rryr interest Q~ ~ atraches or any penalty is i~curred; AND INSOEAR AS ANY 1HEREOf IS OF RKORO THE SAME SHALL BE PROJNPTIY SATISfIED AND DISCHARGED OF ~ RECORO. AND TME ORIGINAt OFFICIAI DOCUMEN7 (SUCH AS, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY EN~ORSED OR CERTIFiEU) SHAII BE PLACE~ IN THE HANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; aod in the evem that any thereof is no1 ~::s pa~d, sat"sfied and diuharged ss:d MORTGAGEE may st any time pay the same a arty psn thereof without w~iving or affecting a~y option, lien, eqvity or •~qht under or by virtue of this mortgage and rhe full amount of each and every such payment shatl be immediarely due and p~ysble and shall bear interest ~.om the date thereof umil ps~d at rate of n~ne per centum per annum and togdher w~th such interest sball be secured by the lien of th:s morytaye. ~ ~ , . j _ _ ..Y y ~ ~"~q .3~- z~ r r. ~ s.~'.~"wn~~ vi..e--a*~.L'~~~°~ ~..~'-`~"v'_.,~`~~..~ . - ~.~i:~?~,"~~ri~~b~