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Home My WebLink About2721 ~s~9s~ THIS lNDENTURf. Made the 3~h day of Apri1 A.D. 1P 73 betwcen r ~ _ Jack J. Yaeger ar~d Ruth Yaeger~ his wife of St• LL1Ci@ Counfy Flwida, hereir?after detignared as the "MORTGAGOR," ~nd FIR9~ fEOERRI SAVINGS AND IOAN A$$pCIAT10N OF FORT PifRCE, a torpwation organized and eaisiing unde? !he laws of ths United Su1at of America and havinQ its printipal p~ac• of busineu in tM City of fort Pierce, St. lucie County, flori~a, hereinafter designated as the "MORTGAGEE:' WHEREAS ~he MORTGAGOR is ju~tly indebted to tM MORTGAGEE in the sum of j 2O~ 5~~ ~ , good a~d Iawful a+ooey of the Un~~cd Statei adva~ced by the MOR~GAGEE unto the MORTGAGOR, as evickncrd by a ce~lain p~omissory note of even date herew~th, of which the t~lluw~eg in w•o:ds and figures is a trus copy, Io-wi1: s 20~,500.00 r,~, 10019793 Fwt Pierce, fla~da, ApYil 30, 19Z~- Fw valua received, I, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERA! SAVlNGS AND IOAN ASSOtIA710N OF 1 FORT PIERCE at Fort Pierte, Flor~da, the sum of S?Di.~~=~s-~ - with interest f~om date a! the rate of S o pe? annum, in monthly install- . r~ ~nents as fol!ows: 5166~~ ~ on the lOLhday of ~p~~er, 19~ and a like sum on the cor~espw+d~ng day of each momh there- ~ efter until the whole be fully pa~d. • ~ Each installment tirat shall be apptied in payment of 1he interest and then on the unpaid balance of the prirtupal sum. If defa~lt is made in the J~ payment of any installment when due, and such defauh continues 30 days, then at the option of tAe ho~der, aod without any other notice, atl the remaining 7 ;~~stallmenls shall be due and eayable at once. Privilege is given to prepay ~his note in whole or in pa~t at ~ny time without penalty. Neither iwebtarance, CV~ nor accep~ance by tF~e holder thereof afte~ any default in any payments hereon, shall be deemed extension. A late payment charge of S 8~~ shall be ~ added to each installment rtmaining unpa~d 7 days after its due date, and s t~ke sum :hall be added to each such instaflment remaini~g unpaid 7 days after each succeedi,g paymenf dare. ~ Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protrst for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any oF us; and fo pay aU costs of collection, includ~ng a reasoneble atromey's fee )n the event of any default hereunder, and hcreby saverally waives all benefit of homestead and exemption under the tonstitution and laws of each S~ata of the United States. as against this obligation w any e~tensio~ a renewal hereof, ~ ~ iNitness the hand and seal of each party. ~ (SEAI) M a ~@r (SEAL) ~ (SEAI) $30.~5 s th er ~u ( ) State Revenue ! K+~~{»~aw~sY~i.ow.ai~iw~{.wwei - ~ N014/, THEREFORE, the MORTGAGOR for tfx purpose of securing payment of said sum of = 20~500~~ , and the per(ormance of the v covenants and agretments hereinafter expressed, and for d~vers good and valuable considerations, by these presents, does grant, bargain, setl, remise, c~ release, convey and cmfum unto the MORiGAGEE, its successors and auigns, all that ce.tain lot, p'~ece or parcel of land, aituate, lying, and being in the ~ St. Lucie County of aod State of Ftorida, deacribed as follows: Lot 7, Block 3, PORT ST. LUCIB, SECTION 25, according to the Plat thereof as recorded in Plat Book 13 at page 32, of the Public.Records of St. Lacie County, Florida, , STATE QF FLORIDA ~ 4. UOCUME~iTARYs:~~•°;~Sj~ T!'>. i P CiEpT. UF REYENtlE ' ~ ~ ~ ^ YYL'L~7J,e~~' ~ ~ O. 7 5 ! ~ - - ~Pe2 i 0 Rf~CEJYE~ ~ lN PA~fMENT OF TWl'~T ' DSE ON CIASS'C it1TANGIBtE PER90NAL PRO'rER1Y. ; puguµ?~t Tp q1pPTER 7t-134. AC7S OF 18/1~f~~ ~ IE06ER POITRAS CtFR!( ClRqqt COURT, ST. LtlC1E 00, FIA E S ~ together w~tl~ all and singu~ar the tenements, hereditaments and appurtances thereunto belonging w in anywise appertainirg fhe+eto, and all~rents, iss~es, ~ Froceeds and profits accruing and to accrue from said p?em;xs, aIl of wh~ch are included in the sbove and foregoing deuription and habendum. TO HAVE ANO 70 jiOlD the above desuibed and granted premises unto the said MORTGAGEE, its succeasors ~nd assignt fweve?. And the said ~ their _ MORTGA R for - - heirs, executors, administrators and assigns, hereby covensnri with the said MORTGAGEE, its sutcessors and ~uiyns, ~ rhat -t~e~ are lawfully seized of the said prem~ses in fee s~mple; that the same are free, clesr and dixharged from all liena s~d encum- ~ brarues in law or in equity, and that they W~~~ a~ their heirs shall warra~t and defend ~F?e title to the same fo the said MORTGAGEE, its successors and assigns, forever againsf the tawfut claims and demands of atl pbrsons; - PROVIDED, AlWAYS that if the MORTGAGOR shal! psy unto the MORTGAGEE the promisswy note hereinbefore dexribed and shall truly, promptly and fufly perform, d~scharge, execute, compkte, comply wiih and abide by each and every the stiFulations, agreements, conditions and covenants of said - prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease and be null and void. IT IS IfNDERSTOOD that thc wad "Mortgagor" whether in the s~ngular a plural anywhere in this Mortgage, shal! be singular if one only and ` shall be plurel jointly and severally if more than one, snd that the word "their" as used anywhere in this Mortgage shall be tsken to mean "his," "hen," - or "its;' wherever the context w implies or admits. Also, that wherever there is s reference in the covenants snd ag+eements herein contained to any of ~ ~he parties hereto, the same shall be construed to mean as well as the heirs, legel representatives, successws and aui9ns (either voluntary by atl of the parties or involunta?y by operation of the law) 01 the same and that the covenants herein co~tained shall bind and the beneiiri and advantages inure q ro the respettive heirs, legal representat~ves, s~ccessors and ass~gns of the parties hereto. And said Mortgagors, for themsefves and their he;rs, legal representatrves, successori and sssigns, hereby jointly and severally covensnt and egree ; to and with the isid MORTGAGEE, its successwa and asigns: 1. To pay sll and singuiar the principal and interest and the various and sundry sums of money payable by virtve of sa:d promissory note, and thii ~ mat9sge, each and every, promptty on the days respectively the same severally become due. 2. To pay sll and singvlsr the taxes, aisessme~b, levies, liabilities, obligations and encvmbrsnces of every nature ar?d kind now on said desaibed .a property, or that hereafter msy be imposed, suffered, plated, leried, or auesscd thereon, w that he~eafter may be levied or asseued opon fhis IlAort¢ Y age, a the i~debtedness secured hereby, eath and every, when due and payable, xco?ding to Iaw, be(we they become delinquent, and before ~ny interest attacl~es w an~r penalty is inc~rr.d; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGEQ OF RECORO AND THE ORIGIivAI OFFICIAI DOCUMENT (SU~H AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFIClALIY ENDORSED - OR CERTIf1ED) SHAIt 8E PLACfD IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any thereof is not pa~d, sa~'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same o~ any part thereof without waiving or affecting any option, lien, equity a ~ •~qM under w by virt~e of this mortgage and the full amount of each and every such payment shall be immediately due and payable and fhall besr interest ~.om the date thereof until pa~d at rare of n~ne per cemvm per annum and together w;th such iMerest shaU the lie t e. . ~ f ~ ~9 e9 ~ ~ ~fj~K ~ -;~C~ ~