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Home My WebLink About2717 . . ;~s~9ss ~ THIS INDENTURE, lN~d~ tl+~ ,f ~~N d~y of 'J~~ A.D. 19 73 ber«ecn _ D~?vid B. Dou~lass and Joyce S. Douqlasa, his Mife of St• LLIC~~ ~o~nty Florida, h~rtinafta d~signated ~s tht "MORTGAGOR,° ~nd FIRST FEDERAL SAYINGS AND IOAN ASSOCIATIORf OF FORT PIERCE, a corporatio~ wp~ni:ed +nd exii~inp unda ~M I~ws of th~ United Suas of Am~rica and Mviny in principal pl~ce of buw~eu U? tM City of Fon Piace, St. lucie CountY, floNda, he~ainafta desiynated ~s tM "MORTGAGEE." WNEREAS 1M MORTGAGOR ia juitly indtbt~d ro tM MORiGAGEE in 1h~ ium of =~7i2~~~ good and lawlul money of the Un~ted Statet advanced by the MORTGAGEE unto the MORIGAGOR, is evidenced by a ce~tai~ promissory note of even date herewith, of which ~he iollowing in word~ and figu~et it a I~us copy, ~o-wit: =27,200•00 N, 10020097 Port Pierc~. Flaida, J~@ 2~ 19 73 For value received, 1, we w either of us, p~omix to pay, without deFalcation, to the orde~ of FlRST iEDERA~ SAVINGS AND IOAN A550CIATION Of FORT PIERCE at Fort Pierce, ftorids, the sum of = 27 ~ 2~~ ~ with interest irom date at the rate of 8~ per annv:n, in rea~thly inslafl- ~r.ems as (ottows: _'210~~ on the2~h day of ~CtOb@Y , ~9 73 and a like sum a? the carespond~rg day of each month there- atrer until the whole be fully paid. Each ~nstallment first shall be ~pplied in payment of the inte?est snd then on the vnpaid balance of the principal sum. If dtfaulf iu made in fha paymem of any instaflment when due, and such default continuei 30 days, fhen at the option of the holder, and without any other notice, all the rema:nin~ installme~ts shall be due arx! payable at once. Privilege is given to prepay this rate in whole w in p~rt at any time without penslty. Neither forelxuance, nor acceptance by the holda thereof aiter any defavlt in ~ny paymenb hereon, shall be deemed extens~on. A late payment cFarge ot S 1O~ ~ shall be added to each installment remaining unpaid 7 days after its due date, and a tike sum shall be added to each such installment ~emaining unpaid 7 days after each succeeding payment dare. Each maker, surety and endwser herc~of, jointly and severally, waives demand, prexntment prolest and notice of protest for nonpayment, and funher agreea to any eztension of time of payment, eieher beforo or after maturity, without not~ce to any of us; and to pay all costs of coltection, includ~rp a reasonable attaney'a fee in the event of any defautt hereunder, and hereby scverally waives all benetit of homestead and exemption undet the constitution and laws of each State of the United States, as against this obligation o~ any extension a renewal hereof, Witness the ha~d and seal of each party. ~ ~ (SEAI) a DaV d B~ DOUgla$$ (SEAu (SEAI) s oyce . ug ass cs~?u ~ $4~~80 ~ State Revenue le~~tw~lled'~ro~iginsl'+.ok-i ~ NOW, THEREFORf, fhe MORTGAG+DR iw~ihe purpose of securing payment of said sum of s 27 ~ 200~ ~ , ar+d the performance of the covensnts and agreement~ hereinafter expresxd, and for divers good snd valusble considerations, by tF~ese presenls, does grant, barqein, se!!, rem;ae, release, convey and confirm unto the MORTGAGEE, its tvccesw~s and auigns, sll tha~ cenain bt, piece or p~rcel of land, sitvate, lying, and being in ths County of St• Lueie ~nd State of Florida, described ~s fotlows: Lot 15~ Block 23~ LAKEiW00D PARK UNIT N~. 3~ according to the Plat thereof as recoYded in Plat Book 10 at pages 63 and 64~ of the public Records of St. Lucie County, Florida~ `J STATE i OOCUMENTARY~ Si~AR~IDrA ~ - c°~ OEPT.OF REYfIYUf , ~~-~x' ` 4 0. 8 0 1 o = tP4 ~---a'7J i% . ~ F\ f ; ' A IN PA1fMEtti OF TAXES ~ p0E 011 CL1lSS'C IKTJY1O18LE PERS~tUL PROPFJt1Y. ' PliRSUANT TO l~MP'tER 71•134. 11CiS Of 1911.~f~ ` Iq6ER P017RAS ~ ~~pq~ ppURT~ ST. LUCIE CO., Fu f f 6 ' ! "s ~ together with sl! and singula? the tenements, heredit~ments snd sppurtanca there~nto belo~ging or in anywise appertaining thereto, and all rent~, iuues, ~ proceeds snd profifs acuuing and to acuue from said p~emises, all of which ~re intluded in the abovs snd fwegang desuiption ~nd habendum. ; TO NAVE AND T~hNOIDrfF~e above desuibed a~d gramed premises unto tF+e said MORTGAGEE, in succeuors and ~uigns fwever. And tfw said ~ MORTGAGOR for 1 heirs, e:ecutors, administr~tws and assigns, hereby covensnb with the said MORTGAGEE, ib svctestors ~nd ~saipm, z that lawfully seited of the said premises in fee iimple; thst the same are frae, ckar and dixhsrged from all liero and encum- brances in Isw or in equity, snd that they W~~~ a~d ~eiY heirs shali warrant and defe~d the titte to the sams to the taid MORTGAGEE, its successws and sugns, (orever sgaiast tf?e lawful claims snd demands of sll persons; PROV(pEO, AlWAYS that if the MORTGAGOR shafl pay unto the MORTGAGEE the promissory note hereinbefore dewibed u?d shall truly, promptly ° and fully perform, d+xharge, execute, complete, comply with and abide by eacF~ and every the stipulstions, sgreements, conditions •nd covenanb oi said 3 promisso?y note ~nd of this Mortgsge, then this NSwtgsge and the Estatt hereby crtated shal! ceass and be null ~nd wid. ` li IS UNDERSTOOp that the wwd "Mortgsgor" whether in the sirgular w pluril anywhere in this Mortg+ge, shsll be si~yvlsr if w~e only a~d shall be plural joimly and severally if more than one, and that the wad '9heir" as used anywhere in this Mortgage sF~all be Uken to mean "his,•• ••hers•, ; w"ib," wfierever the contex/ to implies or ~dmits. Also, that wfxrever there is a reference in the coveoanb and a~reements lierein tontained to any of the parties hereto, the aame shall be conatrued to me~n ss well ss the heirs, kgsl represematives, s~rccessors and sssigns (either volunury by stt of the j partie3 or involuntary by operation of the law) of the s~me and that the covenants herein contained ti+all bind and the benefits and sdvantages ir?urt a to the respective heirs, tegal representative:, succeuors and su~yna of the parties hereto. 7 And said AAortgagors, for themselvq and tixi? }xirs, legal representahves, suctessws sna ~ssiyru, :~a~e:.~ ~:.::.t:~ ::ti ; L_._^a~t a~+~1 M+r.r u ; to snd with the taid MORTGAGEE, its successors and assigns: 1. To pay a10 ~nd singuler the principal a~d interest snd the various ~nd tundry tums of mo~ey psyab(e by virtue of said promissory note, and this mwtgage, each ~nd every, promptly on the deys rapectively the same seve?illy become due. ~ 2. To psy all ~nd singula~ the taxes, asussments, levies, lisbilities, obligations and encumbrantes of every nature and kind now on said deuribed ' prope~ty, w that hcreaher may be impoted, wffered, placed, levied, or ~ssessed tixreon, p tMt here+fter may be lev'~ed or ~sussed upon this Mort¢ age, w the indebtedness sec~red hereby, exh a~d every, when d~e and payable, accordinq to Iaw, before they become delinqueM, ~nd bef«e any iMe~qi artaches w ar+y penalty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII dE PROMPTLY SAiISf1ED AND DISCHARGED OF RECORD AND TNE ORIGINAI OifICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR iHE SATISfAGTlOM AAPER OFfIC1ALlY ENDORSED OR CERiIf1Ea) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is nat _ paid, sat"sfied and dixharged sa:d MORTGAGEE may at any t~me pay the same w sny part thercof without wsiving or affetting any option, iien, equity w : ~+pht under or by virtue of this mortgage and the full amount of eech and every such payment sball be immediately dve and payable and shall be~~ interat , ~•om the dste thereof until psid at rate of n~ne per ceotum per snnum •nd togNher with such inter~t ~a~ ~ured by~~ pf th's mwytayr. 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