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Home My WebLink About2328 THIS INDENTURE, MaJ~ th~ 22hd ~ of June A.D. 19 73 ~ betwee~ John Dav~d Bllis, Sr.~ a k a Joht~ David ~llis and Carrie H. Ellis, his wife of St • 1'uCie Counry Floi~da, Mr~i~afta drignated ~s the "MORTGAGOR," a~d FIRST FEDEP,AI SAViNGS AND LOAM, ASSOCIATION OF FORT PIERCE, ~ corporation wyanized sr+d s~cistinp unda iM laws of the United St~~~~ of Americ~ snd havinp in principal placs oi bvur~s in tlw City of fort PiKCe, 51. Lucie County, flo~kla, he~eioai~~r dei~y~ated as t!w "MOR~GAGfE." WHEREAS t1+~ MORTGAGOR is juuly i~debtad to ths MORIGAGEE in the sum o! __~.~~0~-OO , good and lawful mon~y of the Unl~ed States advanced by the MORTGAGEE umo ths MORTGAGOR, as evidenced by a cerui~ promiuory nole of even date herewith, of wh~ch ~iv follow~y in wordi and figures it a trus copY. to-wil: s is~~~~~ ^ ! . , . ~ I~Z~~d i ;t , ' .IL1T1@ 22 Fort Piercs. Flwida, 19_?3 Fw value rece~ved, 1, we w either of us, prom~se to pay, withoul defa?ca~ion, to 1he order of FIRST fEDERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierte, Florida, the sum of f 15~~0~~ r,,;th iNerest from date at the rate of 8•r7o per annum, in monthly i~stall- ~»ents as fotlows: i-~~•~ on tAe 2O~h day ef Au9u$t , lq 73 and a like sum on the cwrespond~ng dsy of each manth therr after until the who~e be fully paid. Each instaiiment firat shaH be appl~ed in paymenf of the inreresf and then on the unpaid balance of the princtpal tum. If defa~lt is made in the payme~t of any instaltment when due, and such deia~lt continucs 30 days, then at the option of the holder, and without any other notice, all the remaining ~nsrotlments shall be due and payable at once. P~rvJege is given lo prepay this note in whole w in put at any time withouf penslty. Neither forebearance, nor acceptance by the holder thereof after any de(ault i~ any payments hereon, shall be deemed extension. A late paymen~ charge of = 7! ~20 shsll be added to each installment remaining unpa~d 7 days afte~ its due date, and e like sum ahall be added to eacl~ such instaliment remaining unpaid 7 days aiter each sucteedirg paymmt date. ' Exh maker, surety and endoruv hereof, joinrty artd uverally, warves dcmand, presentment protest and notice of protest fo~ oonpayment, and fu?ther agrees to any extension of time of paymcnt, either before w after matvr~ty, without no!ece to any of us; and to pay all costs of collection, includ~ng s t reasonable attorney's fee in the event of any default hereunder, and he~eby sevcrally waives all benefit oF homestead and exemption under tfie tautitution and laws oF each Srate of the United Stares, as against this obligation w any extension or renewal hereof. Y~i1Mif }}I! I~dJ1d Atsd seal of esch party. ~ (SEAI) s/ John David Ellis Sr. a/~(~, ~ o n av s ~u s Carrie H. Ellis ( $22 • 50 1 State Revemie ~U f6+sn,ps~eHe~ aralpirtaF ~!q , NOW, THEREFORE, the MORTGAGOR for the purpose of securirg psyment of ssid sum of = 15 ~ and ths pe?fqrmance of ths covenanti and agreements he~einafter expressed, and fw divers good and valvable considerations, by ihsse presents, does grant, bargain, ull, rcmise, release, convey a~d confirm unto tF~e MORTGAG E, its wcceuors and ~uigns, all that certain lot, pirce or percel of Iand, situate, lying, and being in ths Co,inty of SL . LuC~e snd Stste of florida, dewibed n follows: Lot 12, Block 2, LINCOLN PARK UNIT NO. 2, an addition to the Ci#y of Fort Pierce, : ~ Florida, according to a plat thereof recorded in Plat Book 3, page 4, public records of St. Lucie County, Rlorida. And Mortgagor herein, John David EIIis, Sr. , covenants that he is the identical individua.i naaed as grantee in that certain Warranty Deed dated Septeaber 25, 1937, and recorded in Deed Book 89, Page 501, Public Records of St. Lucie Cau?ty, ' Florida, wtierein Lucious Hill and Anna Niil, his wife, conveyed to John David Ellis the real property described in this mortgage. _ ' .a i r:_' S TAT~ OF f+ S O R I ~ PA`(NEK~ ~F Z~~ ox DOCUMfNTARY~;,~ DA ~ 0 ~N ~~~P?a•'ERtY. ~ DEPT.~- REYEN E s`,.y', ~ ~~~t` ~ I RECENE~ ~ PE~iSO• pF 1511. •C' Itl1AN~18LE p~SS = F~ ..:iNp)•)3 3 y ~E ON CLl?~ C~1fR 7l 134 2 f' ' 2 Z. 5 p i pURS'`l~t ~U RO~ER ~Sj~~UG~E 470~, fll~. o = ~t~o ~ ~ URj~ ~ . . ~ CIEfiK CIR~~I~ ~ rogethcr with alt snd singular the tenements, he?editaments snd appurtances thcreuMO belaging or in anywise appertsining therefo, •nd all renri, iuves, proceeds and profiri accruing and ro scvue from said premises, all of which ue included in the sbove and faegoirg description and habendum. TO HAVE AND TO HOLD the above dewibed and granted premises unto the said MORTGAGEE, its successort and suigns forever. And the ~aid MORTGAGOR for thei r_~ ~;~s, executws, adminis~rators and assigns, hereby covenants with the ssid NWRTGAGEE, in suaessors and ~ugro, fhat - tbeV a re lawfully uized of ttx said premises in fee s;mp(e; tMt the same are free, ck~r and dixharged from sN liena ~r~d encv~ brances in law o~ in equity, and tfNt they M,~~~ a~ their ~pn shall w+r?ant and defend the title to the same to the taid MORTGAGEE, its successors and auigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the p~omissoty note hereinbefore dewibed and shall truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by each and every the ~tip~rtations, ~greements, conditiorts and covenanb of said prom;uory note and of this 1Nortgsge, then this Mortgage and the Estate hereby veated shall cease and be null and void. ' tT IS UNDERSTOOp that the word "Mortgsgw" whether in the singular w plursl soywhere in this Matgage, aFull be sirgulu if one only and shall be plural jointly ~nd severally if more than one, and that the wad "their" as used anywf~ere in this Mwtgsge shalt be taken to mes~ "his;' "hen," : or "ifs," whereve? !he conte~et so implies a sdmits. -Also, that wFxrever there is • reference in the covenants +nd agrcements herein tontsined to any of rhe psrfi=a hereto, the same shall be construed ~o mean as well ai the heirs, legal representativet, succeuon and assigns (either voluntary by ~d of ths pa~ties w invotuntary by operatan of tMe law) of the same and that rhe covenants herei~ tontained shall bind and the benefits and adrantages inure ro the respective heirs, legal representatives, successors and au~gns of tlx part~es hereto. And ssid Mortgagors, for themselves and thei~ heirs, legsl repreuntativet, suctessors ~nd ~uigns, hereby jointly and saverally covensnf and ~gree ro and with the said MORTGAGEE, its s~ccessurs and augns: 1. To pay all sod singular the principal and inte~est and the variovs and iund~y sums of money psyable by virtue of taid promissory note, and this mwtgage, each and every, promPtlY on the days respettively the same severafly becane due. 2- To pay ~II ~nd sirg~lar the uzes, assess~nents, levies, .liabilities, obligations and encumbru?cei of every nature and kind now on said dexribed pcoperty, or that Ixreafter may be imposed, suffered, pleced, ievied, or assessed tl?ereon, or thaf hereafter may be levied or asaessed upon fhis Mort age, or the indebtedrsess secured here ¢ by, exh ind every, wFxn due and p~yable, xcording to law, before they become delinquem, and before ~ny intaest arraches or any penaNy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1E0 ANO OISGHARGED Of RECORa AND THf ORlG11VA1 OFFlCIAL OOCUMENi (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY fNDORSED OR CERTif1ED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that eny thereof is not paid, sat"sfied snd discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without waiving o~ affetting any option, lien, equity a •~qht under o~ by virtue of this mortgage and the full amoum of each and evcry ivch payment shall be immcdiately due and payable end shall bear inte~est t.om the date thereof until paid at rate of nine per centum per annum and together w~th such interest shatl be secured by the lien of th:• morgtaye. ~ BOOK~~S ?'eb~ z~?~ i{~^Y~r _ . ' ~ ~ ~~~k , , l " ~ fi~.,r ~ _ ~ _ ~