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Home My WebLink About0575 ~ 258544 THIS INDFN~URE, AAads tM 14th day of June A.o. ~9 ~3 bctween Jean Paul ?a~uay and Margaret M. Tar~guay, his aife of - $t• l.L1G~.@ County Florida, hereiMfter d~aiynsted as the "MORTGAGOR," a~d FIRST FEDERAI SAVINGS ANO IOAN ASSOC(ATiON OF FORi PIERCE, • caporation oryanized ~nd exisring v~de~ tM law~ ol ths Un+red S~sr~s of Americ~ ~nd hevi~p its printipal plac~ of business 1~ tF» City of Fwt Piace, St. lucie CouNy, Flaid+, hereinafu~ dssignated a~ IFa "MORTGAGEE:' WHEREAS the MORTGAGOR a juslly indebted to ths MORTGAGEE in the aum of =231 , good and lawiul money of the Un~ted States advanced by the MOR~GAGEE unto fhe MORiGAGOR, as evidented by a certain promissory note of evcn date herewilh, of wh~ch ths followirg in words ~nd P~guret is a trus copy, tow;t: s 23 ~00~~ 00 No_10020009 Forf Pierce. Flaid+, .~Llri@ ~d ~q 73 Fw valve received, 1, we w eithe~ of vs, prom~se to pay, without defalcation, to the order of FIRST fEOERAI SAVINGS AIVD LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Fbrida, the sum of S?~~~!~ - with i~terest (rom date at the rote of 7~7~ per anrtum, in monthly ins~all- ~T~enrs as fol(ows: = 2 74~ ~ ~,h, 2Oth d+r o f September , ~9 73 and a like sum on the cwreapax~iny d~y of each montF~ there- after until the whole be fully paid. - Each installment fi~st shall be applied in payment of the intereat snd then on the unpaid balance of the printipal sum. If default is made in Ihe ~ayment of any instal!ment when due, and such defauit continues 30 days, then at the option of the holder, and without any uthe~ notice, a!! the remaining ~~~:tallments shail be due and payable at once. Privilege is given to prep~y this rate in whole or in part at ~ny Nme without pensl~y. P1eBit~orebearonte, nor acceptartte by the holder thereof after any defauh in any payrrKnts lureon, shall be dcemed extension. A late payment charge of = ~ , shall be added to each insta(Iment remaining unpaid 7 days after its due date, aod a tike sum snall be added to each such installment remaining unpaid 7 day~ afte~ each succeeding payment date. Eath maker, surety and endorur hereof, joinlly and sevtrally, waives demand, presen?ment protest and notice of profest fw nonpayme~t, and funher agrees to any eatension of time of payment, either before o~ aiter maturity, without notice to any of us; and to pay afi cosfs of collection, incfuding a reaso~able attorney's fec in the event of any default hereundei, snd hereby severally waives all be~efit of homestead and eaemptio~ under the constitutan a~~d taws of each State of fhe United States, as against this obligation a aoy extension o? renewal hereof. Witness the hand and xal of each party. . (SEA!) s ean a Tanguay ~U cs~~u ~ $34.50 -s/MargaYet M. Tanguav ~ j ( 1 State Revenve (9A1?~pY"lbfRllFl~ EIPC?1g111d1't~Otrj • NOl1l, THEREfORE, rhe MQRTGAGOR for the purpose of secu.inq payment of said sum of =23~~~~~ ~nd ths performanca of the co~enants an~ sgreements hereinafter expresud, a~d for divers good and valuable considerations, by these presents, does grant, barg~in, sell, remise, release, co~vey and c fi~m unto the MORTGAGEE, its ~ucccuo~s and auigni, all that certsin tot, piece or parccl of land, iiruate. lying, ~nd being in ths Covnty of ~t • Lue ie and State of Fbrida, dew:bed ~s !ollows: Lo~.2 Block 16, LAKBWDOD PARK UNIT NO. 2~ according to the plat thereof recorded in Plat ~ook 10 at pa.ge 56, of the publ~c I~ecords of St. Lucie County~ Rlorida, _ / D~ Q*~(1A~ ~ptER~~• rt-"_` OF F'LORIDA ~ ~v G`~QE~S~ ly~~. ~ STA~E S1AMP 1l~~ I ~E~,D~.~ ~N~ s A~ DOCUMEN7ARY~="~r ~a~ ~o ~ ~pR~~E W+ uE~T.- o R vEHVf ~ . , 5 0 ~ ~A~, st. . ~ ~ v.ri ~ ~i~l.~ ~ ~ ' • ~ ~ ~ cC~ n r ~ -A ~ ~ '~82 ~.•L~.~ ~Y-' ~.~~1~ O togethe? with all and singular the tenementi, hereditaments and appurt~ntes thereunto belongirg w in snywise appertaini~g thereto, and all rents, iuues, proceeds sred profits acauing arxl to accrue from said premises, al{ of which are kxluded 'en the sbove and foregoing descripYwn and habendum. TO HAVE AND TO ?iOLD the above described and granted p?emises unto the ssid MpRTGAGEE, its wccessors snd auigns foreva. Md th~ s~id theix A10RTGAGOR for he;rs, executws, adminisrrators end assigns, hereby covenann with the s~id MORTGAGEE, its succawrs and auiy~s, rhat _the~re - Iawfully x~zed of tF~e said prem~ses in fee •imple; that the same are frae, ck~r u+d dixh~rged from all lieru aod encurtr brances in Isw w in equity, and that .they ,N~~~ their heirs ihill wsrrant and defend the title to the same fo the ssid MORTGAGEE, its succcssors and assigns, forever against the iawful clsims and demands of ~II persons; PROVIDEO, ALWAYS ttut if tM ~AORtGAGOR shstl pay unto the MORiGAGFf ths p~omiswry note he~einbefae deu~ibed and sF~aU truly, promptly and fully perfwm, d~uharge, execute, complete, comply with and ab~de by esch and every the ttipuls~ions, sgreements, conditiau ~nd covenants of said promissory ra~e and of this Mwtgsge, then this Mwtgage and the Estate hereby created sF~all cesse and be nult and void. IT IS UNDERSTOOp thal the word "Mortgsgor" whether in the singular w plurai anywhere in this 1Nortgage, shal) be iingulu if one only ~nd shafl be plural jointly snd ~everally if more thsn one, and that the wad "theii' as used anywhere in this Mortgsge sMll be taken to mean "hq:•••hen;• or "its;' wherever the context so implies w admits. Also, that wherever there is a reference in the covenanb a~d agreeme~q herein contained to a~y of the ps?ties herero, the same ahall be consf?ued to mean as we0 as the Fiein, legal represe~tatives, successon ~nd auigni (either voluntary by act of the pa~ties or i~vofuntary by operation of the =aw) of the same and that the covanants herein contsined shall bind ~nd the benefits and advantspa inw~ ro the respective heirs, legsl repraentatives, successors and sss~gns of the penies he~eto. And said Mortgagors, for themulves and rheir heirs, legal representatives, successas and asaigns, F~ereby janlly snd severally covenant ~nd ayree ro and wi~h the ssid MORTGAGEE, its succeaiens and assigns: 1. To pay all and iingular the p~irKipal and interest and the variovs and sundry sums of money payable by virt~e of taid prom;sspry npte, and this mwtgsge, esch and every, promptty on the days respectivety tf~e same uverally become due. 2. To pay all and tirgvler the uzes, essessments, levies, liab'rlit;ei, obligations and sncumbrsnces of every n~ture and kind now on sa;d desaibed property, p that hereafte~ may be imposed, wffered, plxed, levied, or assessed tlxreon, p that heresfter may be levied p ~ssesyed uppn this Morty- ege, w fhe indebtedness sccured hereby, esch and every, when due +nd p~ysbte, ~ccwding to iaw, befwe 1hEy become delinquent, ~nd befwe ar~y intere~~ attacbes a any penalty is inc~rred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPiIY SATISFIEO AND DISCHARGE~ OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OfFICIAIIY ENDORSEO OR CERitf1ED) SHAIt Bf PtACEO fN 1HE HANpS OF SAIO MORTGAGFF WIIHIN TfN OAYS NFXT AfTER PAYMENT; ind ;n the event fhat any thereof is not paid, sat'sFied and discharged sa'd MORTGAGEE may at any time psy the same w any part thereof without waiving or sffecti~g any option, lien, equity pr •~qht under or by virtue of this mortgage and the full amo~nt of each and every such payment shall be immediateiy due a~d payable and shall bear intere~t ~.om the date thereof until paid at rate of nine per centum per annum ar+d together w~th su~ jCter st shall be secured by the lien of th:s morgtaye. kf ~x z~ 'r~~`~`~..F „a-_W~.= ~ _ x'..:~. 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