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Home My WebLink About2725 . . ~s~9s9 ?HIS INOENTURE. Mad~ the 21st day of J~e ~.o. ~9~3~ ~rw.«, Viraiaia S. Hilson. a wido~r of St. Lucie , Cq~nty Florid+, h~reinaftK desgnsred u fhe "MORTGAGOR," ind FIRST FEDERAL SAVINGS AND IOAN ASSOCIA)ION OF FORT PIERtE, • torporation otya~i:td and exiitiny unda ~M laws of Ih~ Unitcd Stat~s oi Amsrica and Mvinp in principal pl~cs of businsa ie tM City oi Fort PiKp, St. lucie County, Flwid+, I1NfiM~iN de~iqnated ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is juitly indebted to the MORiGAGEE in the sum of s 2gs 1~0•~ , good ar.d lawful money of the Un~ted Srates advanced by the MORTGAGFE unto the MORTGAGOR, ~s evidenced by a cenain p~omisswy nota of even date furewith, of wh~ ~M iollowinp in words and f' ures it a 1rw copy, to-wit: = 28,1~0.00 ~ 1OQ20054 Fo.r r~.~.. Fb.~a,, June ~l, ~v?~_ For value rece~ved, 1, we or eithe~ of us, promise to pay, without defnlca~ion, to the order of FIQST FiDERAI SAVIN~iS ANO I~AN ~SSOCIATION OF fORT PIERCE af Fwt Pierce, Florida, thc ivm of s 28~1~~~ w~th interest from date ai the ~ate of g•0 _9L per an~um, in mc+?thly instali- ments as fotlows: S~a~ on tFa 2Otb day of Au~L18t , 19 73 and a like sum on the cwreiF~nd~ng d~y of each month ~lx.r afrer umil the whole be futly paid. Each installment first shall bc applied in paymenl of the i~terest and then o~ the unpaid bal4nce of the princ7psl suw~. If deisult is made i~ 1F~e payment of any instalfinent when due, and such default continues 30.days, then at the option of the holde~, a~d without any oA~rr ratice, alt the renaining ~n:taltmenu shall be due and payable at once. Privilege is given to prepay this ~ote in whole or i~ p~rf at any time without penaiy. Neithe~ forebeara+xe, nor atteptance by the holda thereof after any default in any payments hercon, shall be deemed extenaion. A late payment charge of s~.a~sc, sh~ll be added fo each instatlment remaining unpa+d 7 days af1e~ its due date, and a like sum shall be added to each such installment remsining unpaid 7 days after each svcceeding paymeM date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, eirher before or aftei matu~ity, w;thout notice to any of us; and to pay all costs of cotlectio~, includ~ng a reasonable attorney's fer in the evenl of any default hereunder, and hereby severally waives all benefit of homestead and eaemption under the conslitution and Iaws of each State of Ihe United States, as against this obtigation w any extension or renewal hereof_ Witness the hand and seal of each paity. (SEAU s/ Vir9inia S. Hilson, a wid~lli~ ts~?U ~ $4'1 ~ 1 S ) State Revenue {S+aaM~r~lld-~n-oriaiwa~ *w~ NOW, THEREFORE, the MORTGAGOR fw the purpou of ucvring payment of said sum of = 28•100.~~ „ ~nd ths perfamartce of tM covenants and ag~cemenb hereinafter expressed, and (o~ divers good and vsluabie cauiderations, by these presents, doet g?ant, ba.pain, sell, remise, retease, convey and tonl+rm unto the MORTGAGEE, its tuccessors and auigns, all that certain bt, p'~ece w parcel of (a~d, tituate, lying, and being in the County of St. T.UC1@ State of Florida, descr~bed a~ fdlows: - T'he South 95 feet of the North 475 feet of the East 194 feet of the West 235 feet of the SW'a~ of the 9W~ of the NW'~ of Section 19, Township 35 South, Range 40 Ea s t " STATE °F FLORiDAt STAMP ~h> ~ ' DOC~t TARY ~ ° ~ UEPi. OF REYE1Nf y ~ ' ~ ' c ~r = ~~t -ri3 ' { -•o ~ P.B. , r+ = 1t~c2 o ~ . . ~d1N PAYMEN~ ~ jAX¢ q~,rfED ~ 1~ Ppt9pNpL PROPfAN~ j p;,~ ON GA~ ~ Ilf[11N6 ~S OF 197t.~~1 TO di~pi~R n'134. t e~s~ porr~as f a~ ~ppllT t%~~~ Si. l1)CIE CU.. ~ ~ F P 3 ; together with all and singular the tenements, heredilaments and appurtances thsrevnro belongerg or in anywise appertsining thereto, and ~II renri, issues, 1 p•oceeds and prof'~ts acaueng snd to acuue from said premises, all of whech are included in the above and fore9oirg desaiption and habcndum. ~ TO HAVE ANO TO HOID the sbove desa~bed snd ronted ; g premises unto the s+id MORTGAGfE, iri aucceswn snd sui~ns foreva. And the ssW : MORTGAGOR for heY heirs, exec~ton, xJministrators and assgns, hereby covenanri with the said MORTGAGEE, i» wccasors and aisipro, ~ that - S~ i5 !awfully u~zed of the said premises in fee simple; that 1ha same +re f~ee, cle~r and discharged from •U li~ns Md encum- ~ ; brances ~n law w in equity, and that S~Q will and hein shall warr+nt snd defend the title to the same to fhe sald MORiGAGEE, its successors and augrts, fwever against the lawful claims and demands of ~II pcnoru; ; PROVIDED, AlWAYS that if the MORTGAGOR shall pay ~nto the 1NORTGAGEE the promiswry note hereinbefore described sod ahall tr~~y, promptly ~ and fully perform, d~xMrge, execule, complete, comply with and a6ide by each and every the ttiputations, sgreements, ca?ditions and tovenanri of iaid 3 promissory rate snd of this Morfgage, then this Mortgage and the Estste he~eby created shall ce~se ~nd be null and void. ~ IT IS UNDERSTOOD that the wo~d "Mortgagor" whether •in the singulsr or plural snywhen in thif Mwtgsge, shall be sirgvlar if one only and _ shall be pt~ral jointly and severally if mae then one, snd that the word "their" ss used ~nywhere in this Mortgage shall be taken to mean "hit," "hen;' or "its; ' wherover the conte:t w implies w admiti. Also, thef wherever there i~ a refe~ence in ths coven~nb and sgreements he?e~n contained to sny of the psrties hereto, the same shsll be construed ro mea~ as well si the heirs, (egal representstive;, successors a~d auigns (either vol~nury by ~ct of th~ t parties or involuntary by operation of tF~e law) of the same ar+d tha~ the covena~ts Frorein contsined shall bind and the ber~efets and advaafages imrr~ ro the respective hein, legal ~epresentarives, succeuors snd au~gns of the psrties hereto. And said Mortgsgws, fw themselves and their heirs, legal representstive~, successors and suigm, hereby joinNy and sevaally covenant snd ayree { to and with the taid MORTGAGEE, its successors and auigm: 1. To psy sll and singul~r thc principal and interest snd the variovs and wndry sums of money payable by virtve of said p~omissory note, and this ; mwtgage, each ~nd every, promptly on ths days respectively the same severally become dve. ; 2. To pay all and singulsr the tsxes, assessments, (evies, li~bilities, obligation~ and encumbrances of every nature and kind raw on s~id described " property, or that hrreafter may be imposed, iuffered, pt~ced, levied, w auessed tF~ereon, a that Ixreafter msy be levied or essessed upon th» Matp- ' age, w the indebtedness secured hereby, each and every, when dve ind psyable, ~ccwding to law, befwe they become delinquent, ~nd before any intaett 3 attaches or any penalty is incurrcd; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHALL 8E PROMPTLY SAT{Sf(ED AND DISCHARGEO OF RECORD AND TNE ORIGINAI OFFICIAI DOCUMENT (SUCH A5. FOR INSiANCE, THE iAX RfCF1PT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED OR CERi1FIFD) SHAII BE PIACED IN iHE HANDS OF $AID MORTGAGEE WITHIN ~EN DAYS NEXT AFTER PAYMENT; and in the event that any the~eof is not - paid, sat'sfied and dixharged sa'd MORTGAGEE may at any t~me pay the same w any pert thereof wifhout waiving or affecting any option, lien, equity a •iQht under w by virtue of this morrgage and the full amaunt of each and every such payment shall be immediately due and psyabk and shsll bear interesl ~ ~~om the date thereof until paid st rate of n;ne per ce~tum per annum end together w~th such inrerest sh~ll be secured by the lien of th:i morgta9e. = ~~~k} 2~5 fM_.~ 27 - _ . A