The URL can be used to link to this page

Home My WebLink About2521 . . 257826 THIS INDENTURE, Mad~ the 2Tth d~y of 'J~e A.D. i4.~.. between _ ' 1~ ~ 1 C ,s.. _ Jia H. ChambleY and Elsie L Cha~blwyF his ~ifp of St . L LiC 1Q Counry Florida, hereinaftN desiqnited as the "MORTGAGOR;' and fIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • corporation w9anizcd and exiiting under iM lawi of ths U~ited St~t~s of Americ~ and havinp ih principal place of businsp in tM City of Fort PiKC~, St. lucie Gou~~ty, Florida, he~einafter de~~ynated a~ tM "MORTGAGEE." WMEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in the ~um of good and lewful money oi 11?e Un~ted S~ates advanced by the MORTGAGEE ~nto thr MORTGAGOR, as evidenced by a certain promiuwy ~ote of even date herewith, of wh~ch the followin~ in words and fgures ii a trw copy, ~o-wit: s_ 27~~~_c~ r,~,_1042009a fwt Pierce. Floride. June 27 _~,_l~. 7~ fw vatue rece7ved, 1, we o~ eithe~ of us, prom~se to pay, withovt defalcation, to the ordcr of FIRST FEDERAI SAVINGS AhiD LOAN ASSOCIATION O° FORl PIERCE at Fat Pierce, FYorida, the sum of S 27 f 20~•0O w;th inferoat from date at the rate of 8• 2~j'o per annum, in monthi/ i~stall- ~~,ants as fc'lowi: S 215.~~ on the 20th d~y of A~9~gt , 19_7~ and a like sum on the corresponding day of each nonth +Aere- after un?il the whole be fully paid. Each installrnent first shall be applied in payment of the interest snd then on the unpaFd balance of the prinupal sum. _ li defaul~ ii made in the F ayment of any installmenl when due, and such default continues 30 deys, then st the o~tan of the holder, and withovt any other notlce, all tlv temaininy ~~~srallments shall bc due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty, Neither faebeararca, nor acceptance by the holder the~eof aiter any defa~It in any payments hereon, sha~l be deemed extension. A late payment cMrge of s. 7 S shall bt added to each installment remaining unpa~d 7 days after its due date, and a like sum shatl be added to each such installment remaining unpad 7 dsy~ sfter each succeeding payment date. Each maker, surety and endaser hereof, jointly and severally, waives demand, presentment p~oteat a~d notice of protest for nonpayment, and furthei agrees to any exfension of ?ime of payment, either before or after maluriry, without not~ce to any of us; and to pay alt costs of coltection, intlud~ng a ~r~sonable attwney's fee in the event of any defautt hereunder, and hereby severally waives atl benefit of Fwmestead and exemption under the constitution and laws of each State of the United States, as against this obligation or any extension oa renewat hereof_ Witness ~he hand and seal of each pany. . s/ Jin H . Chambley ~A~~ (SEAt) s sie L. ~ ambley ( $ ~ • 8O j $tate Revenue ($tDmpf~lHlS~O~YV?igif?~ f10tQ~ NOW, THEREfORE, th! MORTGAGOR fu the purpose of sccuring payment of ssid sum of t 27 ~ 2~ , ~nd the perfwmance of ths covenants and agreementa hervinafter expressed, and for divers good and valuabte cons~derations, by the~a presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors +nd assigns, all that certain lot, piece w pucel of land, tituate, lying, and being in the County of St . Z.l1C 1@ end State of floreda, de~cr~bed ~i follows: Lot 5, Block 2, ORANGE BLASSQM ESTATES, SECOND'ADDITION, as per piat thereof on file in P2at Book 14, Page 2, of the Public Records of St. Lucie Caunty, Rlorida ~ ~ STATE ~F F~ORIDA ~ ~z COCUMENTARY<1-:--~,S1kMP ' I t. ~ O 2~ Q UEPT• (yF pEyENUE } ~ ~n, ~ Q~ _ Fe ~ir~9'7~ t~=~~ ; ~ ~ ~~t Tp pWr~ER~~~~ ~~E~9pM~ ~EA'1Y~ o ~ <<,~, _ ~ o. 8 0 , ~ • ~ ~ ~ ~ '°`E'd'~ ~ ~ ~ ~ ~ ~ ! i rogether with all and singutar the tenements, hcrcd~taments and appurtancea tbereunto belonging a in anywise ~ppertaining thereto, and all renti, iuues, ~ proceeds and prof~q accruing and to acuue from said premises, all of which are irxluded in the above and fwegoing dewiption and habendum. TO HAVE AND TO FiOtD the above dewibed and gra~ted prem~ses unto the said MORTGAGEE, itt successors and aai~gns fwever. Md 1M s~W MORTGAGOR for h~ 1 r heirs, executws, administrators and ass'grts, hereby covenants with fhe said MORTGAGEE, in aucceuws a~d augiu, = u rhat -~~X-~~-- lawfu!ly seized of the said premius in fee simple; that tf+e s~me sre free, ctear artid discharged from al! liMS and encvm- F brances in law or in equity, a~d that thev W~~~ a~ their heirs shall war~ant and defend 1F~e tifle fo the same to the said ; MCRTGAGEE, its successors and sss~gns, forever against the lawful claims and demands of all persons; ; PROVIDED, AIWAYS that if ~he MORTGAGOR shall pay unto the MORTGAGEE the promissory r?ote Fxreinbefore dew~bed and ~MII truly, promptly ; and fully perform, diuharge, execute, complete, comply with and abide by each and every the ttiputstions, agreemenfs, conditions and covenartts of aaid cromisswy rale ar~d of this Mortgage, then tbis Mwtgsge and the Estate hereby ueated shall cease and be nul) and void. ` IT IS UNDERSTpOp that the wwd "Mortgsga" whether in the singular or plursl ~nywhere in this Mortgsge, shall be singul~r if one only and . shall be plural jointly a~d sever~liy if more thsn one, and that the word "their" as uted snywhere in this Mortg~ge ihall be taken to mean '7?is;' "hen," or "its;' wlxrever the context w implies or admits. Also, thaf whe?ever there is a reference in fhe covensnts snd agreements herein contained to any of - t!:~ ti-e-!^, !?w .an,•_ •6all F,e construed to mean ai well as the heirs, (egal representstives, successon and a~signs (either votuntary by ac1 of the pa..._ t!~ ,,art~es or involumary by ope?atian of the law) of the same and thst fke covenanfs herein cootained ahall bir~d and tix benefin snd sovamages inure to tF~e respective lx~rs, kgal representatives, successors and au~gns of the parties hereto. ° Ared said Mortgagors, for themselves and their heirs, legal representatives, successors and assig~s, hereby jointly ~nd severally covenant snd sy:ee ? ro and with the said MORTGAGEE, its successas and assigns: _ 4 1. To pay all and singvlsr the printipal and interest snd the various and sundry sums of money paysble by virtue of said pranisiory ~ote, and this ~ j - mortgsge, escli and every, promptly on the dsys respeaively the ssme severally become dve. r,,,' ? 2. To pay all s~d ~ingu{ar the ta:es, asussments, levies, IiabiGties, obligstio~s and enc~mMancet of every nature and kind now on said dewi6ed ry.~ s property, q that hereafte~ may be imposed, iuffered, plated, (evied, a~uessed thereon, or that hereefter may be levied p assessed upon fhis Mortg- _ age, a the indebtedness secured hereby, each snd every, when due snd psyable, xcording to taw, befwe they become detinqvent, and befwe any interest ; ~a >>raches w any pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED ANO OISCHARGED OF w ~ RECORp ANO THE ORIGlhAI OFFtCtAI DOCUMENT (SUCH A5, fOR INSTANCE, THf TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO OR CERTIFIED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereof is not pa~d, saYSiied and discharged sa'd MORTGAGEE may at any time pay the same p any part thereof without waiving w affed+ng any option, lien, equity w •~ahr under or by v~rrue of tF.is morr9age and the full amo~nt of each and every s~ch payment shall be immediately due and payable and shatl besr interest ~~om the date tFereof until paid at rate of n~ne per centum per annum and together w~th svch interest shall be secured by the lien of th:f morgt~ge. ~ : _ - 1 _ . _ _ . . . . . , , 4 . ` ._r_