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Home My WebLink About2282 257680 ~ THIS INDENTURR• AMd~ tFis isth day of ne A.D. 19~_, between williaa R. Sa~aso~ and Bonita G. Sa~pson. his wif~ ANQ;,~ard and Nelen D. Saspson, his wit~ AND Baesson G. Sa~psoa a?nd Isis T. Sa,onson hi: Mif~ of St • WC~~ ~~ty Fbrida, F~ereinaitK detgnated as tM "MORTGAGOR;' and fIRST FEDERAt SAVINGS AND IOAN ASSpCIAT10N Of FORT PIERCE. a corporatioe~ orpanuad and ~a~s~~ng under tM laws of tM Un~tad Sa~~s of Am~~iu ~nd havk~p it~ principal plan of busin~ss in tM City of Fon PiKC~, SI. Lucte Countw Fluida. F1QfQiMI1N d~siynated ~s tM "MORTGAGEE." WHEREAS tM MOitTGAGOR is j~stly ir?d~bted ro ths MORTGAGEE in tl~e sum of = 23 ~ 6~` ~ good and lewful money ot the Un~ted _ States advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuay no~e of even date herewith, of wh~ch the followinp in i wwds and fiy~roi i~ a trve copy, ~o-wit: s 23, 600.,~_ r,~, 10020033 ~ Fwt Pierc~, florida. `Ju~ i s 19_T~ 1~ For value received, 1, we o~ either of us, p~anlu to pay, without defalcation, to the orde~ of FIRST fEDERAI SAVINGS AiVD LOAN ASSOCIATION QF FORT PIERCE at iat Pierce, Florida, Ihe sum os s 23~600•~ with interest (rom date at the ~ate of ~i~o per annum, in mo~thly install- ments at follows: 5179• ~ on the 2~hd+y pf $@P~~m~@! , 19~~. ~nd ~ like sum on ths correspond~ng day of each month the~r \ afrer until tAe whole (x fully paid. i 7~ Each instalimcnt first ahall be appl~ed in payment of the interest and then o~ the unpaid balance of tha princ+pal sum. If defaulf is mads in the ' payment of any installment when due, a~d such detault con~inues 30 days, the~ at the optan of the ho:der, and wilhout +ny other notice, all the remaining ~nsraltments shall be due and payable st once. Privilege is give~ to p~epay this note in whoie a in put at any time without penalty Neither forebeararxe. 8.95 ahaU be ~ nor ~cceptance by tfie holde? thereof afte~ any defauh in any payments hereon, shall be deemed extension. A lata payment charge of S added to each installment rcmaining uop+id 7 days after ib due date, and • like sum shall be added to each such instaltmem remaining unpaid 7 day~ after each succeediog payment date. V ~ ~ Each maker, surety and endaur hereof, jointly and severally, wsives demand, presentmcnt protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, eirher before w a(ter maturity, without notice to any of us; snd to pay sll costs of coltection, includ+'ng s ` reasauble attwney's fce in the event of arry default hereunder, and Mrsby severally waives all beneiit of homestead a~d exemptan ~nder the constitutan and laws of each State of the Un~ted States, as against Ihis obligation a any extension or renewal hertof. . • V Witness the hand and seal of each party. S/ Willia~ F. Sa~pson ~AU ~ S/ B~~rson G. Saspson (Seal) S/ Bonita G S~snsan ~y S/ Isis T. Saapson (Seal) S/ Howard W. Sas~son ts~u S/ Helen D. Saa~son ~ ~ $35.40 ) Stste Reveoue p,swps sww~M~ ~ b~w) 23 , 600. 00 .~+d rhe a.rar„a~e of NOW, THEREFORE, the MORTGAGOR for the purpose of aecu~ing payment of ssid sum of = " cove~a~ts and agreements hereinafte~ expressed, and fa d~vers good arxl valuable cons~derations, by these p?esents, doea grant, bargain, sell, remise, v _ releax, convey and confirm unto the MORiGAGEE, its tuccessors and auigns, all that certain lot, piece w psrcel of land, situate, lying, and being in t ~ St. Lueie end State of Flor~da, described as follows: ~ ~ County of Lot 11, Block 112, tAKBWOOD PARK, UNI? 9, as per plat thereof on file in Plat Book 11, pages 27, 2TA through 27D~ of the Pub].ic Records of St. Lucie County, Flos ida, ; f ~ I y A STATE ~F l _ OOC MENTARY ~ SQ~DA; ~~1~pA~~pF~ _ { DfP .OF REYENUEl~~•s:s RSpN4l P~ ~ ~ ~ ~ ~ _ - ' ~ ~tiG16lE PE• CF 1s~i• yl1 ' ~o. _ ~ 2T'73 ; ~ ~ ` ~ 'C _~34. CiS ~ ~ - _ P0. - ~ ~ S. ! 0 , p~ ON ~ ~pTCO 71 A o l i~~ TO C of'.1:•. s; _ ~i 4 ~ C1+ ~tj1~ C,J' ~ CIE~K ~ together with all and si~gulsr the tenements, hereditaments and sppurtances thereunto belonging or in snywise appertsining th~reto, and all rent~, iuues, ' proceeds and profits accruing and to accrue from s+id premises, slf of whicfi are included in the ~bove ar~d forcqang dewiption and habendum. ~ TO HAVE AND TO HOLD tF+e above described and grsnted pro+nises unto the said MORTGAGEE, iri svtcessors and suigns foreva. And tl~ ssid ~ MORTGAGOR for their ~;~s, execu~ors, administrators and assigns, hereby covenams with the said MORTGAGEE, ib successws ~nd assiqrn, they are ~hat - - lawfully ssized of the said prcmises in fee simplr, that the same are free, ckar ~nd diuharged fran all liens ~nd tncurr~ ~ brances in law w in equity, snd that thev N,i~1 and their heirs shall warrant a~d defend the title to the s+ms to the said ~~S MORTGAGEE, its s~ccessors and assigns, fwever against the lawful claims and demands of all persons; ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay ~nto the 1NORTGAGEE the promiuwy note hereinbefwe dewibed and shall truly, promptly = and fully perform, d~xharge, exccute, complate, comply with and abide by each and every tFx stipulations, ~grecments, conditi«a and cwenanb of said promisswy note snd of ~his Mwtgage, then this Mortgagc a~d the Estate hereby created shafl cease snd be null and void. ~ IT IS UNOERSTOOD that the word. "Mortgsgor" whether in the singular a p{uraf anywhere io this Mortgsge, sl?sll be singular if one only ~nd ~ ss-, shall be plural jointly and uverally if mwe than one, and that the w~d "their" as used anywhere i~ this Nbng~ge sMll be taken to mean "his;' °hen;' `s~ or "its;' wherever the conteat so implies w admits. Also, thst wherever there is s reference in the covenanri and sgreements herein contained to any of ! ~ ~he parties hereto, the same shall be consuued to mesn as wel! ~s the heiri, legal representstives, successon and aisigns feiiher volumary by ~ct of the parties or involomsry by operation oi the Iaw) of the same and that the covenants herein cont~ined sMll bind and the benefita and advantages inun ~ fo the respective heirs, legal representatrves, successws and +u~g~s of the psrties herero. s~', n~ ~ And ssid Mortgsgo?s, for themselves and their heirs, legal rep?esematives, sucteuors and ~ssigm, hereby jointiy and severally covensnt ar?~ ayree to snd with the said MORTGAGEE, its wccessors and assigro: 1. To pay alI +nd singular the ptirKipal ard interest snd the vsrious and sundry swns of mwxy psyable by virtue of said promiuory note, and this ~ mortgsge, each and every, promptly on the days respectively ihe +ame severally become due. A' ~ 2. To pay aIl snd singulsr the t~xes, assessments. levits, lisbilit~es, obligstions snd encumb?u+tea of every nature and kirx! now on said desttibed v~~ ' ~ property, w that hereafter may be imposed, suffered, placed, levied, w assessed thereon, or th~t heresfter ma be levied w assessed u tha Mwt¢ Y P°^ ~ o age, or the indebtedneu secured hereby exh a~d every, when due and payable, xcordiny to law, befo?e they become delinque~t, and befwe ~ny interest p~u atraches w any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF ~ RECORD AND THE ORIGIhAI OFfICIAI dOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ ~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tF~e event thst any thereof is nM ¢ paid, satsfied and dixharged sa:d MORTGAGEE may at any time pay the same w any pan thereof withovt waiving or affecting any option, liee, equity or ~ •~qht u~der w by virtue of this mortgage and the full amount of each and every svch payment shall be immediately due and payabk ar+d shall bear interest <<om the date thereof unt~l paid st rate of nine pe~ centum per annvm and together w~th such interest shall be secured by the lien of th:~ mwgts~e. . ,.zz _ . 4 . r~ ~.A ~L s~~ ~ra"~Y~ci' . ~ ~ - ~ ~ ~ ~ ~ ~ ~ x~ ~ ~ . ti