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Home My WebLink About0305 260~32 ~ THIS INDENTURE. Mad~ the 1St day of - t~u9ubL• A.D. 1973 betw~en e Albert Ja~nes Reeves ancl Ele~nor H. PeE+ves, his wife ' o( St - 1-uC1C Counry Ftaida, heninaftK dssignated sa tM "MORTGAGOR;' snd fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a torporition wyanized ~nd exi~~ing und~r ti+~ lawf of th~ United Statos of /lmsrica and havinp in princtpal place of busin~ss in tM Ciry of Fort PiHCe, St. lut(e County. Fiorida, he~einafta ds~iQMted u th~ "MORTCsAGEE:' WHEREAS ths MORTGAGQR a jvttiy lr~d~b?ed •to tM MORTGAGEE in the sum of = 17 ~ 000.00 good and lawfui money of the Un:+ed # States ~dvanced by ~M MORTGAGEE unro the MORTGAGOR, as evidenced by a certain pranisswy nole oi even date herewith, of wh~th tAe foltowinp M~ ~ word~ and f' ura~ ~~rw copy. to-wit: lOtl202fs6 ~ 17 ~ . ~ s ~ ~ Fort Pierc~. Fluida, AuguSt 1 ~y 73 ~ ~"Y Fa valve received, 1, we w either of us, promtse to pay, wi?hout defalcation, ro the order of FIR51 FEDERA~ SAVINGS ANC tOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of ~ 17s.~~ with inrerest (rom date at the ~ate of 8•9 % pe? +~nwn. i~ monlhly instaU- ments as followa: j 153•~ on the 2~th day of S~tember , ~9 73 and s liks sum on the cwreipondinp day of eacA month thare- after until fhe whote be fully paid. ~ ' Esch instatlment first shall be applied in payme~t of the inlerest and then on tF~e unpaid balancs of ths pri~dpal sum. If default i~ made in ths ~ payment of any installment when due, and such default continues 30 days, then at the optio~ of the holder, and without any othe~ notice, al! the remaining _ ~nsraltmeors shall be due and payabk at once. Privifege is given to prepay this note in whole o~ in pa?t at any lime without penslty. Neither forebearance, nor ~cceptance by the holder thereof after any default in any paymenta hereon, shaU be dermed extens~on. A Iste psyment charge of ~ 7• 6$ shal) be added to each installmeM ~emaining unpa7d 7' days alter iri due date, end a like sum shal! be added to each such ins~allment remaini~g v~paid 7 d+ys afler ~ each succeeding payment date. Each make+, surety and endorser hereof, jo~ntly a~d severally, waives demand, paesentment profest and notice of protest for nonpayment, a~d further agaees to any extension of time of payme~t, either before a after maturiry, without notice to any of us; and to pay s{I cosri of coltection, includ~rg a reasonable anwney i fee in the event of any default F+ereunder, snd hereby severally waives all bene.`it of homestead and exemption under the constit~Yan and taws of eacA State of the United States, as aga;nst this obligation or any extension o~ renewat hereof. Witriess the hand and ual of each party. ~ ts~?u s/ Albert James Feeves ~~q cs~?u 525~ 50 _ ' s/ Eleanor 1~. Feeves ~ ~ Srate Rcvenue E6?s~wps -c~nalled-oe-origin~F no~e~ NOW, 7HEQEfORE, the MORTGAGOTt for the purpox of securing payment of said sum of s and the performance of tM covenants and agreements he~einafter expressed, ~nd for dive~s good and vslvable considerations, by these p?esei+b, tloes g~ant, barysin, sell, remise, release, convey and tonfi~m unto the MORTGAGEE, its successon and iuigns, all that certain bf, piece w pucel of (and, situate, lying, and beinp in ths County of St . L~Cle and Stat~ of Flwida, dewibed as fdlows: The ~lorth SO feet of the South 300 feet of Lot 69, MAFAVILLA GARDENS, S[TBDIVISION, as per plat thereof on file in Plat Book 7, page ~9, of the public Pecords of St.Lucie County, rlorida, i ~ M ~ ST ~F L F~f DA ~ i° DOCUMfN1ARY STAMP iAX ~ °c-~ `O UE~T. dF REY~NUE . • ~ ~ s,.. ~ . ~ = P~ = :„:~y= 13 - - 1 ~F ~~s ' ' `25.50 : ~ o = t~~a2 i - G ~ F~~(1~~' ~pcRry+ ~ ~ ~ / ~e~ ~~~sac~P,y~'~ } ~~~p ,C ~t?t~ ~3a, ac ' ' (11~R~~ ~ _,.cr~E~t i ~1je!~: ~ ~ 4l-'~' ~I / ~ _„s~ ZO r~ S~. ~;X% R~"x" R~ • ~ ' ~S • ~A~ C1(iC~ l~. ~~,k.~"_ I ~ i i i I t k ~ ~ f rogether with alt and singular the tenements, he?editamenq and appurtances ihereunto belon9ing or in anywise ~ppertaininp iherero, and all renta, iuues, t proceeds and profits acuuing a~d to acvue from said premixs, all of whirh are i~cluded in the above and fore9oing descriptwn and habendum. TO HAVE AND t0 HOLD the ~bove dewibed and granted prcmisea unto the isid MORTGAGEE, its successors and ~ssiyra fortver. Md the isld MORTGAGOR for their ~~n, execvtors, administntws snd assigns, hereby cove~snb with the s~id MORTGAGfE, iri successors and ~ssi~m, ~ ihat tt1- e?---V a r~_ ia~,,,f„uy xized of the said premises in fee simpte; that the same are f~ee, clear snd dixharged from all I'iens snd encvm- ~ brances in tsw or in equ~ty, and thsr thev M,;~~ a~ their he;n s?„II wsrrant and defend the titk to the same ro the said MORTGAGEE, its suctesso~s and auigns, forever ag~inst the lawful claims and demar+ds of sll persan; PROVIDEO, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefore destribed snd shall ttuly, promptiy and fully perfwm, diuharge, execute, complete, comply with and abide by each and every tF+e ~tlpulsteons, apreements, co~ditiorn ~nd cover?~nb of said ~ p~om~s:ory rate and of this Nb.tgage, then this Nbrtgage and the Eatste heaeby vested shall cease arid be null ~~d wid. ~ IT IS UNDERSTOOD that the word "Morrg~go~" whether in the singul~r or plursl ~nywhere in this Mwtyage, shsll be sinyvlar if one only a~d shall be ptunl jointly snd ieverally if more tha~ one, and that the wo?d "their" ~s used ~~ywhere in fhis Mortgaya shsll be taken to mean "his," "hcn;' or "its;' wherever the context so implies or sdmits. Also, that wherever there is a reference in tF~e covenants and sgreements herein contsined to a~y of the psrties hereto, the same shalf be construed to mesn u well as the heirs, leyal representstivet, wccesso~s and assi9ns (either voivntsry by ~ct of rM partie~ o~ involuMary by operation of tha Isw) of rhe sune a~d that tbe covenants Merein contained sh~ll bind ~nd ~he banefin a~d ~dvantapes inur~ ~ re the respective hein, kgal representstives, succeuors and su'gru of the panies hereto. i ? And said Mwtgagors, fa themselves and their heirs, legal representatives, sucussors ~nd auigns, hereby jointly and severally covena~t and ayree to a~d with the ssid MORTGAGEE, its successors and ~ssigns: 1. To pay all and singufar the principal and interest and the wriovs and sundry wms of money p~yable by virtue of said promissory note, ~nd this ~ matgsge, each +nd every, promptly on the days respectively the same sever~lly btcome due. a ' j 2. To pay sll and singvlar the ta:a, assessments, kvies, liabilities, obligst~«n and encvmbr~nces of every natur~ ~nd Eind now on said desuibed 's P?opertY, or that hereafter may be imposed, suffaed, Placed, tevied, or assessed thereon, a fhat hereafta may be levied o~ sssessed upo~ this Mort9- ' age, w the indebtedness ucured hercby, esch a~d every, when due snd p+yable, aaordirg to law, before they become delinq~ent, ~nd before ~ny int~r~st attaches w any penalty is incurred; AND INSOfAR AS ANY TNEREOf IS Of RKORD THE S~4ME SHAIL BE PROMPTLY SATISFIfD AND OlSCHARGFD OF - RECORD AiYO TNf ORIGINAI OFFICIAI DOCUMENT (SUCK AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY EN~ORSEQ y OR CERTIFIED) SHAIt BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AF?ER PAYMENT; and in the event that any fhereof is not pa~d, ssYSfied end d~uharged sa:d MORTGAGEE may at any t~me pay the same or any pan thereof witFaut waiving or affecting any option, lien, equity w •~qht undcr w by virtue of this mortgage and the full amou~t of each and every such piyment shall be immediately dve and psy~ble snd ihsll bear interest - ~*om the date thereof u~til paid at rate of nine per centum per ~~num s~! ~~h such in~~N be secured by rhe I;en of ~h:i mo.Q~aQe. g~i~~ ~it s ~-n-..., . _ . , - - ~.-*'s ~ ~