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Home My WebLink About1517 ~~:~r~;~ THtS INDENTURE, Mad~ ~he lb~h day o{ Jul}t A.6. 19~~ betw~sn Winfred L. Vanno,y and Lorraing D Vannov; hiS~rri~_ „ ~ ~ ~ of - St • l.1iC~6 ~~p~~ty Fiwids, Mreinafta designated as tM "MORTGAGOR;' ~nd i1RST FEDERAL_ SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE. ~ corporation or~~nized and exi~rinp unda the lawi of ~hs Un~ted Stat~~ of Americ~ and havinp iti pr'~ncloal plac~ of buiineu in tM Ciryr of Fo~t PiKCe, St. lucie County, ilwida, hereinaftsr detiynated ~s tl+~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is jvitly indebt~d to ths MORTGACaEf i~ ths sum of Z 17 ~ 6~ , good and lawful money ot the Un~ted Statet advanced by the MORTGAGEE unto the MORTGAGOR, as avidenced by s certa~~ promissory note of even date herewith, of wh~ch the ~ o1low~np i~ words ~nd fi~ures is • trw copy, to-wiC 1 ~ ~~O I 25 s 17 , 600 . 00 ~ tro_ fwt Pierc~, Flwida, Ju1y 16 _~y~~ Fw value received, 1, we or either of us, prom~se to y, withoul defelcation, to tha o~de. of FIRST FEDERAI SAVINGS AND LOAN ASSOCI4TION Of FORT PIERCE at Fat Pierce, Florida, the sum of s 17 s 6~ • w;th interest from date at the nte of 8• per annum, in mon!hly instaN- meros as follows: S 136 . ~0 on the ZOth day of Oe~ober ,~9_ 73 ~~d a like sum a? the correspw~ding day of each mo~.th lhere- afte~ untit the whote be fully paid. Each instaNment ti~st shall be applied in payment of the inlerest and then a? Ihe unpaid balance of the prindpal sum. If default i~ m~de :n ths payment of any instatlm~nt when due, and such default continues 30 days, then at the optiw~ of the holder, and witiw~t any ote~er notice, al) the ~emaininy ~nstalirn~nts shafl bs due and payable st once. P~+vikqe is given to prepay this rate in whols or in part at any time witFwut pcnalty. Neither fuebears~cs, ~or scceptance by the holder thereof after any default in any payments hercon, shall be deemed extension. A lale payment charge of s 6• 8O shall be added to each ins~allment remaini~g unpa~d 7 days after its due date, and a like sum shall be addad ~o each such installment remaining unpaid 7 dsyi after each succeeding p~ymenf date. Each make~, surety and endorser hereof, jointly and seve~alty, waives demand, presenrment protest and ~otice of protest fw nonpayment, and funher ag~ees to any exteniwn of t~me of payment, either 6efore or after matu.ity, without not~ce to a~y of us; and to pay all costs of collection, incl~d~ny a reasonable attwnoy's fee in the evc~t oi any defautt hereunder, and hereby seve~atiy waives all benefit o! homestead and exemptio~ undet the cautitution and laws ot each S~ste of fhe Un~ted States, as agains! this obl~gation or any extension or renewal hcreof. Witness the hand and seal of each party. S/ Winfred L. Vannov ~EAq (SEAL) S/ Lorraine D. VannQV _ ~U ~ 26 . 40 ) Stats Revenua «u ~(5t~n~d sQ ariple~ aat~ NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 17 t 6~ , snd tl~a pe?fwmsnce of the covenanfs ar~d agreements hereinaf?er expressed, and for divers good and valuable consideratiw~s, by these presents, doea g~ant, bar9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its tuccessors and suigns, ell that certain bt, p'~ece or parcel of land, situate, lying, a~d being in ths Counry of St . Lucie and Stats of Florida, dcscribed as foliows: The South ~ of the South # of the follor?ing described parcel: Froa the SW corner of the NW} of Section 3, Township 35 South, Range 39 8ast , run North 89° 57' 03~~ Sast 40 feet ; tte~ce run North 02° 02' 43" West 40.5 feet to the point of beginning; thence coatinue North 02° 02' 43'~ West 1278.36 feet;thence run South 89° 54' 04~~ East 575.64 feet; thence South 02°02' 43" Sa?st 1276.87 feet; thence run 89° 57' 03~~ West 575.59 feet to the point of beginning, consisting of 4.22 acresl~ And mortgagors covenant that they are the identical individuals ; named as grantees in that certain Warranty Deed from H. J. Ross, ; a single adult, to Winifred L. Vannoy and Lorraine D. Vannoy, i his wife, bearing the date of December 3, 1971, recorded in O. R. ` Book 197, page 2524, of the Public Records of St. Lucie County, ~ Florida. 6 ~ S TAT E ~ F F L O R I D a~ t~~= IN PAYl~EttT CF TAXES ; oz o OOCUMENIARY,~.`,' ~STAMP Tt.>. ~ ! y'" v, UfPT_ OF REVfNUE .:Pr" DUE ON CtASS'C INTIU1G18LE PERSOdAI. PRO?ER1r~ ~ _ _ ~ i ~r To cww~ n-~~+. ~s o~ ~e~~~~ " - PB o.:i J6'73 ~ j. . - Z ~ 0 ~~~5 ~IE f~ ' ~ ?t~o2` f p.El~( EI~ ~ E ° ` ~ ~ rogerher with all snd singvl~r tF~e teneme~n, her~t~mcnts and sppurtancea thereumo belonging or in ~nywise appertainirg thereto, ~nd all rents, issues, ~ prxeeds snd profitf acv~ing and to accrue from ssid premises, sll of whFch are incluckd i~ tF~e above +nd foregoirg dewiption and habendum. ~ TO HAVE AND TO HOLD the a6ove described and granted premises ~mo fhe said MORTGAGEE, in svccessori and auiyns forevsr. And tlw said MORTGAGOR fw --~~~L--- heirs, executon, sdministraton ~nd assigns, hereby covensnq with tbe said MORTGAGEE, its s~ccessws ~od ~ssipn~, rhat -~-he-~[-a~g--- iawfully seized of the sa+d prem~se~ in fee simple; that the same are free, dear and dixhsryed from all liens ~~d ~ ~ brances in Iaw w in equ~ry, a~d that t~y wiU and their he~rs shall wurant and defend the title w the same to th~ ~aid ~ MORTGAGEE, its successors and assigrts, fwever against tlie lawful claima and demands of all persom; PROVIDED, ALWAYS thst if the MORTGAGOR shsll psy unto the MORTGAGEE the promiaswy note hereinbefwe dewibed and sh~ll Kvty, promptly ` and f~tly perfwm, d~scharge, eaecute, compkte, comply with and abide by each and every the stipulations, sgreertxnts, cond~r'w~s and covenann of said ' promissory note a~d of this Matgsge, then this Mwtgage and the Estate hereby uested shall cease uid be null and void. IT IS UNDERSTOOD tFwt tFx word "Morty~go?" whethe~ i~ the singular w plural anywhere in this Mortgage, iha0 be singulu if one onty ~nd ; ; ahall be plursl jointly ~nd teveratly if mae thsn w~e, and that the word "ti~eir" a~ used anywhere in this Mortgage shsll be taken to mean "hi~;' "hen;' w"its;' wherever the context so implies or admits. Also, that wherever there is s reference in the coverunts and agreanenq herein tont~ined to any of the panies hereto, the same sMll be constrved to mean ss well ai the heirs, kgal representatives, successon and assigns (eitF?n volvnury by act of the - partits or involvntary by operation of the bw) of the same snd that the covensnts herein contained shall bind and the benefits and sdvantayes inure ro the respective heirs, kgal represematives, succeisoss snd au'flns of the parties hereto. And said Mortgagws, far themxlves and tF?eir hein, legal represemativp, succeswn snd auigns, hereby jointly and sever~Ry covenant and ayree ` to and with the s~id MQRTGAGEE, irs succe~sors and assigns: 1. To pay all and singular the printipsl and interest snd the various and sundry wms of money payabk by virtve of said promisaory note, ~~d this ~ mort9sge, each and every, promptly on the days rotpectively the ume severally become d~e. 2. To pay ~II ~nd ~ingulsr the ts:es, s~sessments, levies, tiabilities, obligations and encumbr~ncea of every nsturo and kind now o~ said dssuibed property, o~ th~t hereafter may be impwed, ~uffe~ed, placed, lavied, or auessed the~eon, p that hereafter may be levied w uussed upon this Mat¢ age, w the i~debtedness secursd Fxreb~, exh snd every, when due and paysbte, acco?dirg to Iaw, before they become delinqusM, snd befort any interest artaches or any penalty is i~turred; AND INSOfAR AS ANY THEREOf IS OF RKORU IHE SAMF SHALL BE VROMPTLY SATISFIED AND DISCHARGED Of - RECORD AND THE ORIGItvAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX RECEIVT OR THE SATISFACTION PMER OFfItIAIIY ENDORSED ; OR CERTtFtE~) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~ the event tkat ~r~y thereof is nof _ paid, sst'siied and discherged sa:d MORiGAGEE may at any time pay the same w any part thereof without wsiving o~ affecting any option, lien, equity or •iQht under w by virtue of this mortgage snd the full amount of each arxl every such payment shall be immediately due snd psyable and shall bear interpt ~ ~•om the date thereof until ps~d at rate of n~ne per cent~m per annum and toge~her er;~ ~rest sha! ~~~d by the lien of th:s moryta9e. 60DX~U ~'AGf _ - n - . , . - - _ , _