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Home My WebLink About2910 ~ ~ ~ • . ~ 260139 ` iHlS INDENTURE, 1N~d~ th~ 24th day of '~ly A.b. 19 73 b~tvw~n guaene Allen and Cora Lee Al1en, his wife of St . LuCi@ County Florida, Mf~iMftH de~ignated a~ ~i+~ "MORTGAGOR;' and FIRST FEOfRAI SAVINGS AND IOAN ASSpC1AT10N OF FORT PIERtE. • cwporation oryanized and t~atinp w?der tM laws of tM United Su~w of Am~ric~ u+d havii?p ib principal pl~c~ of ~ buunsas h tt~ City of fwt Pi~ra, 51. luci~ Cou~ry, flaid~, Mrtinafttr ds~ipnat~d +s tM "MORTGAGEE." WHEREAS th~ MORTGAGOR u ivslly indebqd ro tir MORTGAGEE in tba s~m of t 37 ~ yood ~nd I~wfvl maaY of 1he United States advanced by tM MORTGAGEE unto the MORIGAGOR, aa evidanced by a cata~~ promiuwy note of even date herewiih, of whK1+ ~h~ followinp in wad~nd fi~u~es~ trw copy, towit: 11~~1 ~ , Wu. _ ~ Ps~.~. F~o.id,. July 24, • ~ _iv_.._ For value received, 1, we a eitixr of us, promise fo p+y, without defalcatio~, to the order of FlRST FEDERAI SAYlNGS AND LOAPI A~SOCI/I~ION Uf FORT PIERCE at Fort Pieres, Flwid~, the s~m of s~L~~• ~ with interest from date at the rate ofti~x~16 per annum, in rtwnth:y inst~U- ments as foltows: i~5• ~ on ths 2~t~lday o{ Novesber _~9 7~ and a lika ium on ths cwresponcfny dar of eath month therr aftrr ~nti! the whols be fully paid. Each ins~allment first shall be applied in payment of ~M iMerest u~d then on the ~npaid balance of the princip~l sum. Sf def+wlf is madn In the payment of a~y installment when dw, and such defautt continues 30 days, then at the opfion of ths holder, arid without any otF?er nqtEce, eH the rerv?~ininq ~natallments shall be due and payabte at once. Privikge is given to prepay this note in whole w in ps~t at any time wiihoui penalty. Na7~i~~ boe~b~ar~ncs. nor acceptanca by the holder ~ha~eof after any default in ~ny p~yments hereon, shall be deemed extensio~. A I~ta payment charye of =1S_! ~ZS- thall b~ added to each installment remaininp unp~~d 7 days ~fter ib dw d+M, and a like sum shall be added to each such installment remsining unpaid 7 days after eacl~ succsedinq payment dale. Exh maker, surety and endaier hereof, jointly and sevewlly, waives dcmand, presentmcnt protest and notice of protest fw nonpaymanf, and further agrees to any exte~sion of time of payment, either befo~e w after maturiry, wirhout norice to any of us; and to psy aIl coets of collectwn, includir?p • reasonabk at~omey's fee in the even~ of any default hereunder, and hereby seve~ally waives all be~efit o4 homestead and exemption under the constitution and lawa of each State of the U~ited States, as againal this obligation or any ex~eosion or renewal hereof, Witness the hand and seal of each party. S/ Eugene Allen ~ cs~?u S/ Cora Lee Allen ~q $55 . 50 cs~?U ~ Stst~ Ravenvs ( ) 37 NOW, THEREFORE, the MOR7GAGOR for the purpose of tecuring payment of said sum of i ~ ~ and the pe?form~nce of ths covenants and ayreeme~ts hereinafte? expreued, and for divers 9ood end valu~ble considerations, by thtse preunfa, doea 9rsnt, baryain, s~ll, remise, release, conwy copfirm ynto the MORTGAGEE, its suaesspn and au+gns, a!1 tF?at certain bt, piece w parcel of laruJ. situate, lyirg, and be~ in tFa Cwnty of L11C1@ ~and Sute of Pb?ida, deuribed as fdlowa: Lots 15 and I6, Block 7, PARADISB PARK, according to the Pla?t thereof recorded in Plat Book 8 at Page 17, of the Public Reards of St. Lucie County, Florida. . ~ STATE oF FLORIf~A ~ cy ~ DOCUMENT~IRY w-\,STAMP T~`.X ~ ~ nFVi, Oi EtEI?ENUE s ~ '~C ~ ~ vir~ ~ ' • c • ` P0. 30'lZ ; .c ~ J. ~ O ~ ~ ~~,i . ' w~ ~ `f1102 ~ ~t ~4~ ' ~ p 4 ~~,s ~~yl~' . ~~j, `G• ~ ~'~w ~ c; ~;it c Q :'~~1FA-4,~,\% / Q~~e`~S~ ~ ` ~-S y~~~ ,`r~Y it S~~ • N ,~F.' G~. ~t,0 t ~uti.. / } a1'i`-~1~' ~,~1~ ~ ~1 ~ ~ hS ' , i rogether with all s~d singulsr the te~ements, hereditsments and sppurtances thereunto belaging or in ~nywise ~pperTaining thete% and ~enb, Iswq, ~ pr«eeds ~nd profits acuuing and to accrx from said prem;ses, all of which aro included in the sbov~ and fore9oing description ~nd haba~dum. ~ TO HAVE AND TO HOLD the above dexribed ~nd grsnted pemises unto the wid NWRTGAGEE, iri soccesson u+d ~ssip~s forewr. Md th~ sald ; their MORTGA for txin, executon, +dministnton ~nd aas'~g~s, hereby covenanri with the s~id MORTGAGEE, ift sutcesw?s ~nd ~ssipro, E ~t~iev are ! fhat lawfully ieized o~f the said premises '~~e4 3~~1e; that tF+e same ue fr~e, clear ~nd dischar~ed from ~II (iero and ~ncum~ tn y ei i brances in Isw w in equity, and thst will and hein sMll warrant ~nd dsfend the titfe to ths sartq to tM sak! ~ MORTGAGEE, ib sucteswn and auigns, fwever ~gairot the tawfvl claims and demsntls of all penaa; PROVIDEO, AlWAYS thst ii the MORTGAGOR shall piy unto the IUIORTGAGEE tFK promisswy note hareinbefwe desvibed and ah+ll truly, promptly and fully perfwm, discharge, execute, complete, comply with and abide by each and every the stipulaY~au, sgreemenri, condit~aq ~nd covenanis of said pramiswry note and o( this Mortgage, t}?en thi~ Nbrtgage +nd the &tste hereby created shall ceue snd be nutl ind void. r IT IS UNDERSTOOD tMt the word "N4ortgs~or" whether in the tingular a plwa) s~ywt~cre in this Mortya9e, shsll be sinpular if on~ only and shsll be plvral jointly and sever~lly if mwe than one. and that tl?e wwd "their" ss u~ed anywhtre in this Mortg~gs sF+~ll be taken to mean "ha;' "h~rs;' or "its;' wherevcr the conte:t so implies a sdmits. Also, that whersver t6ere is ~ refe~ence in the tovenants and aQ?eemenb hsrein oontainsd to ~ny oI the psrtics hereto, tl~e sart~e shall be construed to mesn as well as the hein, kyal representativd, s~ccesiws and usiyro (either vol~ntary by stf of th~ partis w invduntary by operatwn of the law? of the s~me and thst the covenann herein tontained shall bind ~nd the berwfits and edv~nts~s inws ; ro the respective heirs, kgaf represent~~ives, successon and au~yns of tiie panies hereto. And said AAortgsgon, for themselves and their hein, legsl representativq, successors and auiyns, hereby jointly and teverslly cova?~nt ~nd ~yree to and with the taid MORTGAGEE, its succesias and auig~a: ~ ~ 1. To psy al) and sinpulsr the principal and imerest snd the vsraus snd sundry svms of ma~ey payabk by virtue of said promissory note, and tha mort9aye, esch and every, promptty on the days respectirely the aame severdly become dw. 1. To pay sfl ud sirgulx fhe taxe~, astessments, levies, liabilities, obligatioru snd eix~mbr~~ces of every nsture and kind now on said dauibed property, or tF?at here~her may be imposed, suffered, placed, levied, or suessed thereon, p th~t hereafter may be levied w ~uested ~pon this Maip- sge, w tM i~debtedness secured hereby. esch and wery, when dve and payable, acco?dinQ to law, befose ti?ey become delinquenl, and befw~ ~ny interast a?taches w iny penalty is i~curred; AND INSOFAR AS ANY THFREpF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND OISCHARGEO OF RECORD AND THE ORIGINAL pFFtCIAI DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX REGEIPT OR THE SATISfACl10N PAPER OFFlCIALLY ENDORSED OR CERTIfiEO) SHAtI 8E PtACED !N THE HAN~S OF SAID N10RTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd i~ the event tMt any thereof is na paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any pa~t thereof without wsiviny o~ affeding any option, tien, tq~ity or •~qht u~der or by virtve of this mortgage and tF?e full smou~t of each and every such paymeM shaU ba immediately due ar?d payabk a~d shall be~r i~t~rest <<om the date thereof unfil paid at rate of nine per centum per snnum ~nd togetherQw~h such interest shall be secured by the lien of th:s morytpe. ~ ~~LE, 2i~ ~ ~F.: 2~~.~ - ~ d ~ _ _ k ~ 1 . _ - ' _ ~~~~~~.~~.~.~:s~