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Home My WebLink About0787 2sss88 ~ THIS INDENIURE. Made the ilth day of `Ju2y R.D. 19_~ betw~en williae~ G. Manchest.gz~Jr. and Helen hn ManchesZer~ hf~ r~3fe of St. 1.ueie ~ ~o„nty florida, he~ainalter dc~i9nated ~s l1+~ "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a co~po~ation ap~nizcd and exis~i~g urxle~ th~ lav~n oi Ihe Un~ttd Sutot of Americ• and havirp it~ principal place of bu?ine~~ In ~h~ City of fat Pierce, St. lucie County, flaida,. hereinafter deiigna~ad as ~h~ "MORiGAGff." WHEREAS tF?s MORTGAGOR i~ juftly inckbted to IM MORTGAGEE in tha ~um of S 31 ~~0~~ good and lawful money of the Un~ted Stetes advanced by the MOR~GAGEE unto the MORTGAG()R, as tvidenced by a certe~n promissory ~ote ol even date herewith, of wh~c~ ~F~ toltowing in words and figw~i is • true copy, to-wit: i 3i. eoo.oo ioo3oi~a Fort Pferc~. Flwida, J~Y 11. 19_~~ for value received, 1, we or eithea of us, p~om;x top p(~a , without defalcat~on, to ~he orde~ of FIRST FEDERAI SAVINGS AND LOAN ASSOCtATION OF iORi PIERtE at Fwt Pierce, florida, the sum of j 31'~ _ w;th interes~ trom date at the rate of 8~2S~o per annum, in month:y insta~!- ~,.ents as follows: S 271 on the 2Oth day of August ~q_73 a~d a like sum on the carespond~ng day of each month tfiere- afrer until the whole be lully paid. Each installment firat s~all be app~ied in payment of the interest and then on the ~npaid balance o1 the princ~pal sum. If defeult ia made in the payment of any ins~allmeM when due, and such deiauh continues 30 days, then at the option of the hoider, and without any othe~ notice, all the remeining ~nitallments shall be due and payable 3t or.ce. P~ivilQge is given to prepay ihia note in whole or in part at any time wirhout penalty. Neither faebea~~nce, nor acccplance by Ihe holder thereof after any default in any payments hereon, shatl be dermed extension. A late payment charge of s 13 r 55, shall bs added to each instalirr~m remaining u~pa~d 7 days aiter its due date, and a ~~ke sum shall tx added to each such inslallment remaining unpaid 7 days after each succecding payment date. ' Each maker, surety and endorser hereof, jointly and severally, waives demand, presen~ment protest and notice of pro?est fw nonpaymenf, and further agrees to any exrensiort of time of payment, e;ther before w after matu~ity, witnout notice to any of us; and to pay aQ msts of col~ection, including a ~easonable attorney'a fee in the event of any defauh hereunder, and hereby severalty waives all be~efit o( homeatead and exemption under the tonstitution and laws of each State of the United States, as against this obligation or any exiens'ron or renewal hereof. Witness the hand and sca! of each party. ~ ~ ~ ~ (SEAI) s/ william G. Manchester~ Jr.~,~~ _ (SEAIj s/ He1en Ann Manchester ~U $47~70 ) $tate Reveoue t5~eiwpt.~eeM.d-errs.ig'w.# ~e~d - NO'N, THEREFORE, the MORTGAGOR fw the purpose of sccvring payment oi said sum of = 31~~0~~ and tF~e perfwmance of 1M covenants and agrecmenra hereinafter eapressed, and io? d~~ers good and valuable canaide~ations, by theae presems, does grent, bargai~, selt, remise, re!ease, convey snd confirm urto the MORTGAGEE, its tuccessors s~d assigns, all tMt ce?tain lot, piece or psrcel of land, situate, lying, and being in the County of S t• ~t1C 1@ end Stste of Florida, dewibed a~ followa: Lots 1 and 4, of Block 24, QAKLAND PARK, as per plat thereof on file in Plat Book 2~ page 7, public recozds of St. Lucie County, Floric~+ . 2; STATE QF FLOR~ta~. ~ OOCUh1E~JTARY,,~.-'..~STAMF T A Y~ ~ Z~ ~ flEPL Oi RE~ENUE i:- T~ ~ 3~ lN PAYMElR OF TAXFS ~ 4 l. 7 0 ouE oM a~ss r ~Knwc,e~ ~~soNU Pao~n, ' c~-, ^ .+ot 1 "c' i;t ' eg. ~ P1JR8lIANT TO CNArTER 71•134. AQS Of 197L i o - ~r~'2 • , ROGf11 1'OfiRIIS C!~'RK CIRp!!T OOURT. ST. LLICIE 00, fUl, ~ ~ ~ ~ ~ s i together w~th afl and singutar the tenements, hereditaments a+~d appurtantes thereunto belonging or in s~ywise ~ppeASining thereto, and ~II rents, iuues, ~ pr«eeds and profits accruing and to accrue from ssid premises, all of wK~ch are included in the sbove ~nd foregoirg desviption and habendum. 70 HAVE AND TO ~lD the above deuribed and gnnted premises unto the said AhORTGAGEE, its :uctessots ~nd ~uiyra forever. Ilnd tM said ~ MORTGAGOR for the heirs, executors, administrato~s and suigns, hereby tovenants with the seid MORTGAGEE, it~ succetsors ~nd aqipro, +hat ------y tf1P. a IQ ~awfully u~zed of the said prem~ses in fee simple; that the tame are iree, ckar a~d discharged from all liens and encvrrr brances in law or in equity, and that the}~___ wilt and their hein shall warrant and defend the title to the same to the said N!ORiGAGEf, its successws and assigns, faever against the lawful claims and demands of all penons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the promiuory note hereinbefore destribed and shall truly, promptly and fully perform, d~schsrge, execute, complete, comply with and ab~de by each and every the stiputetio~s, agreeme~b, condirions and covenanb of s+id prom~ssory rate and of this Mortgage, then this Mortgage and the Eitate hereby veated shall cesse and be null and void. IT IS UNDERSTOOD thsi the wwd "Mortgagor" whether in the singular or plvnl anywhere in fhi~ Mwtg~ge, shall be sinyulsr if one only ~nd shall be plursl jointly and severally if more than o~e, and that the word "their" as used snywhere in this Mortgage shail be taken to rrrean "hi~;' "hen," or "its;' wherever the context so implies o~ adm;fs. Also, fhat wt+erever thcre is a reference in the covensn~t ~nd aQreements herein contaioed ro ~ny of ~ ~he parties hereto, the same shail be construed to mean ss well as the heirs, legal repreunt~tives, successors and as~igns (eithrr voluntary by ad of the ~ aarfies or involumary by operstion of the iaw} oi the ssme and fhat the covenants he~ein tontained shall birx! and the benefits and advantsgp inure ~ to the respective he'us, Iegsl representatives, successors and au~gns of the parties heteto. And said Mortgagors, iw themselves and their heirs, legal representatives, successors and auigns, hereby jointly a~?d severally coven+nt and apree € ~o snd wi~h the said MORTGAGEE, its successws and assgns: y _ 1. ~o pay all snd siog~lar the princip~l and interest snd the variovs snd iundry ~wns of money psyable by virtue of said promissory note, and thit mwtgage, esch and evsry, p~omptly on the days respetlively the same severally becortie dve. ~ s 2. To pay all and singular the taaes, sssessments, ievies, tiabilities, obligatio~s snd enc~mluances of every nature and kir?d now a? said dew;bed T' ~ property, p~ that hereafter may be imposed, suffped, plKed, levied, w auessed thcreon, w fhat hereafte? may be lev;ed p assessed vpon this Mort9- ~ age, a the indebtedness secvred hereby, exh and every, when due and payable, xcording to law, befote they become delinquent, ~nd before ~ny i~teresl artaches o~ a~y penalty is incu.red; AND INSOFAR AS ANY THEREOF IS OF RECORD TNE SAME SHAII BE PROMPiLY SATISFtED AND DISCHARGED OF ~c. RECORD AND iHE ORIGfNAt OFFICIAt DOCUMENT (SUCFF A5, FOR lNSTANCE, THE TAX RECEIPT OR THE SATISFACTIpN PAPER OFFICIAtIY ENDORSED OR CERTIFIED) SHAIt BE PLACED IN THE HANDS OF SAID MORIGAGEE W~THIN TEN OAYS NEXT AFTER PAYMENT; and in the event that a~y the?eof is no1 pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the iame w a~y pert thereof withovt weiving o? affccting any option, lien, eqviy or ~%qht under w by virtue of this ~nortgage and the full amount of each and every such payment shall be immediately due and psy~ble a~d shall bear interest ~rp,T the date thereof untii pa~d at rate of n~ne per cent~m per annum and together w~~h such interest shall be setured by the lien of th:• moryfaye. ~ ~ ~ ~ ~ F'~~Y ~i;w~' YRs..~~.~-..'i c. ~ ~u - . ~ t~ti . . { ~t'~C+ Z ~.y'-~ _ ~ .r+ ~ ...n~ ~