The URL can be used to link to this page

Home My WebLink About2719 2s~9ss THIS INDENTURE, 1N~d~ the d+y of 'T~e A.O. 19 73 between David B~ Doualass and Jovice S,. Doug2a~ss his wife of LuCi@ Co~nty Florid+, herein~ita de~gnated as ~he "MORTGAGOR," and FIRST FEDfRAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERGE, a corpaation orqani:ed ~nd ezis~iny under th~ lawt of tM U~ited Stata of America ~nd havinp iri principal place of busin~is i~ th~ City of Foet PiNC~, St. lucie County, Florida, Mreinaiter desiy~ated ~s tM "MORTGAGEE:' WHEREAS th~ MORTGAGOR ii juitly indebted to ths MORTGAGEE in the sum of :28~ 300~ ~ , pood and lawful money o( the Un~ted Stafes advanced by the MORiGAGEE ~ato the MORiGRGOR, as evidenced by a certain promiuwy ~ot~ of even date herewi~h, of which the foltow~np in z 28•3O~ure~s a tr~e copy, to~wit: 10U20096 s • No ~ P~~p. F~a~d.. June 27 ~~3 For value received, 1, we ot eithcr of us, prom~se to pay, without defslcation, to 1he order of FlRST FEDERAL SAVINGS AND IOAN A550CIATION OF fORT PIERCE at Fort Pierce, Fbrids, the sum of = 28i3~~~ with interest irom date at the rate of8~~ °Je pe~ annum, :n monthly install- ~„enrs as fotlows: f 219~~- on the 20Lh day of ~CtO~@r 19 73 and a like sum on the corresponding dyo uf ea:h month there- a4rer until tF+e whole be fuliy paid. Eath instsllment first shall be applied in payment of the inte~est and then on the unpaid bslanc• of the princ~pel sum_ 1( default i~ made in the Nay~nent of any instattment when due, and such default toritinves 30 days, then at the option of the holder, and without a~y other nc.tice, all the remaining ~nstallments shail be due and payable at once. Privilege is given to prepay lhis note in whole or in pan at ~ny time withwit penalt~. Neithsr fwebearance, nor acceptance by the hotder ~hereof afte~ any default in any payments herco~, shall be deemed extension. A late payment char9e of =10~ 95 ~ shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment rtmaining unpaid 7 days afte~ each svtceeding payment date. ~ Each maker, surety and endorur hereof, jointly and seve?ally, waives demand, prese~tment protest and ~otice of protest for nonpayme~t, and further agrees to any extension of time of payment, ei~her before w after maturity, without notice to any of us; and to pay all costs of collection, including a rea:onabk attorney's fee in the event of any default hereunder,•a~d hereby severalty waives alt benefit of homestead and exemption under the constitutan and laws of each State of the United States, as against this ob~igation or any extension w renewat hereoi. Witness the hand and seal of each party. ~AU s Dav d B. Douglass t~„~~ (SEAL) s/Joyce S. -Douc~lass ~ $42.45 t State Revenue iSaw~ ~.wo.M~i w. +wgwd.w.w? NOW, THfRfFORE, the MORTGAGOR fw the purpose of aecuring payment of ssid sum of = 28~~~~~ and tba perfwmsnce of the covenants and agreements hereinafter expressed, and fw divers good and valusble considerations, by these preunts, does grant, bargain, ull, rcmise, refease, convey and c firm unto the MORTGAGEE, its succeuon and auigns, elt that certain lot, pieos or psrcel of land, situate, lying, and being in the County of Lucie and State of Fbrida, dewibed as follows: Lot 21, Block 23~ LAKSUpOD PARK UNIT NO. 3~ as per plat thereof tecorded in Plat Sook 10 at Pages 63 and 64, Public Records of St. Lucie County, Flarida, ~ STATE oF FL(~RiC1A ~ ~i DOCUM~MTARY~s-•:;;` STAMP ~A X ( pEPT, 0~ REYENUF , • ' ~ = P~. _ -~~7~ = 4 2. 4 5 1 m ~ il'i2` ~r•'~•/ ~ a i ` ~ .~G~°w~~ ~ ' puE oK q ~ ; n.~~?, ~crs oF ion.~~,.~ ~ ~ eos~ porrw?s ~ Q~ ~~j OOURT, ST. LUCIE CO.. 1~ ' E ~ ~ Y ~ rogether with all snd singular the tenements, hcreditaments snd appurtances thereunto belonging or in ~nywise appertaining tAe?eto, ~nd all rents, issues, p proceeds ind profits sccruing and to acuue from said premises, all of wFiKh are included in the above snd foregoing dewiption snd haber?dum. TO NAVE AN ti0 yOID tbe above described and granted premises unto the said MORTGAGEE, its wccessus a?id auigns forever. Md ths s+id ~ 1110RTGAGOR for 11@IY ~~~s, executon, administrators and assigns, hereby covenanb with the said MORTGAGEE, ib suueuw~ and assi9nt, ~ rhat - the-Y--1r~?-- lawfully seized of the said premises in fee simple; that ths same are free, cks? ~r+d discharged from alt liens ~nd encurr~ ~ brances in law or in equiq, and that th~ will snd ~e2r hein aMll wsrrant and defend ths 1i11e to the same to the said ; MORTGAGEE, its avccessws and assigns, forever ageinst the lawful claim~ and demands of sll persons; i PROVtDED, ALWAYS tlut if fhe MORiGAGOR shall p~y unto the MORTCsAGEE the promissory note hereinbefwe dexribed ar?d sF~sll truly, promptly ~ and f~lly perform, d~uharge, execute, complete, comply with and abide by each and every ~he stipulations, agreemcnts, condiiwns snd covenantt of said promiuory note and of this Mortgage. then thi~ Mwtgage and the Esrete hereby aeated shaU cesss and be null and void_ ¢ IT IS UNDERSTOOD fhaf the word "Mortgagor" wherF+er in the singular or plursl anywhere in this Mwtg~ge, shall be singulsr if orse only ~nd " shall be plural jointly and severally if more then one, and that tF~e word "their" as used ~nyvrhera i~ this Mortgsge shall be tsken to mean "his; "'hen," ? or "ih;' wherever the context w implies p admits. Also, tMt wherever there is a reference in the tovenanri and agr~ernents F~erein contsi~ed to ~ny of the partip hereto, the same ahall be construed to mesn as well ss the heirs, legal representitives, successon ar?d assigns (either voluntary by sct of the ; partiei or involumary by operat"an of the Isw) of the same and that the covenants herein contained shall bind ~nd the benefits and ~dwnta9e~ inure ro the respective heirs, Iegal representatives, successws and au~yns of the psrtiet he~eto. • •.n.. . { And said Adwtgagort, for themselves snd their }+eirs, iegal represematrves, successors ano easiyna, :Kra..T ..,.e._. ,^v^~~• +w+rk _ to and with the ssid MORTGAGEE, its successors and sssig~s: s 1. To pay •II snd singular the principal s~d interest ~nd the variovs snd sundry sums of money payaWe by virt~e of said promissory note, and tbia ~norfgs9e, each and every, promptly on the deys resptct+vsly the same xver~lly become due. n 2. To pay all and singvlar the taxes, asussments, levies, liabilitiea, obligstiw~s snd encumM+rxes of every nature and kind now on said deuribed property, a that hereafter may be imposed, suffered, plsted, levied, w assessed thereo~, o~ tFut heresftav may be levied a assessed upon thi: Mort¢ ~ age, or the indebtedness secureQ hereby, esch snd every, when due and payable, accwding fo bw, befwe they become delirpuent, ~nd befwe any imerest a+faches or any pcnalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMPTLY SATISfIED AND DISCHARGEO OF P.ECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUC?i AS, FOR IN5IANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERi1F1ED) SHAIi 8E PIACED IN 1HE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof ia not paid, sat'sfied and diuharged sa:d MORTGAGEE may at any time psy the same or any part thereof without waiving or affecting any option, lien, equity or •~qht under w by vi~tue of this mortgage and the fu~l amount of each a~d erery such payment shal~ be immediately due and payable and shall bear interest i~om the date theieof until pa~d at rate of nine per centum per annum and together w~th such interes~ shall 6~ sRcu~~~he iien of ~~morgtsye. ~ C';lA (~.,.t,v P„ ~ ~ ! ~3 1