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Home My WebLink About0376 ~ 2E;048~ THIS IN~EhTURE, Mad~ the 2Ad ~y of AU()~1St ' _ ~ ~,j, . A.D. 197_..3 . batw~en R~?v L. Ford and Roberta B. M. Rord, his wife of St • t'~ ig County Florida, MreinaftN d~signared ~s tM °MORTGAGOR;' and FIRST fEdERAt $AVINGS AND IOAN ' ASSOCIATION OF fORT PIERCE, a oorpo[ation orpanized and eaiuing unde~ tM lews of th~ Unit~d St~t~s of Amtrk~ ~nd hav(np in principai plac~ of t bv~np~ in tM City of Fwt PiKCe. St. Luci~ Counry. Fiorida. ha~lnafttr desiynated a~ tl» "MORTGAGEE." • WNEREAS tM MORTGAGOR is juitly ind~bt~d to th~ MORTGAGEE in ths sum of ; 3'4 • 4~ , good and lawful mon~y of the Uni~ed ~ Stitet advanced by Ihs MORTGAGEE unto ~he MORTGAGOR, as evidenced by a certain promiuory note of even date herewith, of which the followirg ie wordi and figures i~ trw copy, to-w~t; • 10020279 ; 34,400. ~ ~ P~., fb,~a,. Auqust 2 ~y ~3 } For vaJus receive~d, I, we or either of us, promise to pay, without defalcation, to the orde~ of FIRST FEDERAI SAVINGS AND LQA1d AS`OCIATION OF ~ fORT PIERCE at Fort Pierce, Florids, the sum of ~ 34+4~•~ with interest (rom date ~t the rate of 8~96 per ~s~num, in monfhly irot+ll- ~ ~r,ents as follows: Z 289 on the ~ th d+y of S~te~ber , 19_ 73 and a like sum o~ tM cure~pond~n~. d~y of each month thae- aiter until the whole be fully paid. - - Each ir.staiiment firit shail be applied in payment of the intere~t and then on 1M unpaid bibnce of the principal wm_ (f defavM is msde :n the ~ • payment of any installmcnt when due, and such defavlt continues 30 d~ys, then at the option of the holder, snd without any other notice,-al! the remsininy ~ns~allmentt shall be due and payable at once. P~ivileg~ is 9iven to prepay this ~ote in whole or i~ part at any t~me without penelty. Neither 4orebearar?u~. ~ nw atteptance by the ho~der thereof aftar any default i~ any payments hereon, shal! be deemed extens;on. A late payment char9e of ii4.'45 sFwll be ~ added to each installment remaini~g unpa~d 7 days after iri due date, and a like sum shall be added to each iuch instaflmeM remainiog unpaid 7 days sher ~ eath sucteeding payment date. • e Each make~, surery and endorser hereof, jointly and tev~ralty, w~ives demand, presenrment protest and notece of protest fw nonpayment, and furfher ~ agree~ to any extension of time of paymcnt, either before w afta maturity, withovt notice to ~ny of us; and to pay all costs of co~lection, includinp a . reasonabte attprney's fee in the even~ of any default {x~eunder, ~nd hereby severally waives a!1 benefit of homestead and exemption unde~ the corutitution and laws of e~ch State of the United States, a~ against this obligalion or any euension a reoewal i?ereof. Y Wimeu the hand and sea! of esch party. _ s/ Ray L. Ford ~ (SE/?U ~ 5~.60 s/ Rober ta S~. M. Ro zd ~ c ) srate ae~+,~,. ~ t5~a~np? awoelhd eR eriyinsl-.~ew}~ NOW, THEREFORE, the MORTGAGOR fw ths rpose of securi 34 ~ 400. ~ y covenann snd reement~ hereina(ter ex es~ed. and fw divers ood an~d Yw usble csa~sideraHons, b thess - and the prrformance of tM W 9 Y Wesenb, does gr~nt, barysin, sell, remise. - release, convey and confirm unto the MORT6AGEE, its svccessors and ~uigns, etl that cenain bt, piece or p~rtel of I~nd, situat~, lying, and beinp in the J County of St . L uc ~e . and State of Flwida, desaiMd as fdlows: . _ I.at l, Block 1, CAROL.WOOD TBRRACE, as pez plat thereof on file in Plat Book 14, Page 49, of the Public RecoYds of St. Lucie County, Florida, ' ; . . . ~t~~. > o,, S AT~ ~F _ i~A ~ ~6~ ~~'~~a~d~~. oz ~ QOCUMENTARY~ ~ jl~~X # ~ ~~y,S _ c-~ UEPI.Oi REYENUE ,f ~ ~j ~Q~ , sr. ~ = ~ ~~~~tc, ~ _ = p~ = :...:3= 79 3 ; ~ ~ 6 0 ~ ~~~S ~C~~ ~p ~ . j '4 0 = ~UOi ~ ~EC~c?`~~t?r.~pCF-Q~Y~~.~•S • ~ ~ ; _ - : ~ ~ ~ ; togrtF+er witF~ atl snd singutar the tenements, hereditaments and appunsnces fhere~e?ro bela~ging or in anywise ~ppertainirg thereb, and all t~nf~, iuuas, proceeds •nd p.ofin sccruing a~+d to xvue from s~id premises, all of which are included in the above and foregoi~g description and habendum. ~ TO HAVE AND T~FiOjQthe above desnibed and nMed ~ Cia g premisea unto the said MORTGACsEE, its svccessws snd ~ssgns forewr. Md th~ said t MORTGAGOR fw - hein, exetuton, administrstors and assigns, f?ereby covena~b with the said MORTGAGEE, its waesson ~nd ssslQrn, ! they are ±hat lawfully ui~~d of the said premise~hne~ simpte; tMt the same are free, clear and d;scharged from ~11 1'~cns and a++~n+m~ brances in law w in eqvity, and thst LfiQy will and i F~ein shall wunnt a~d defend tM titk to tM saem to tFw said AAORTGAGEE, ib successora and assigns, fwever against the lawful claims and dema~ds of ~II persau; ~ PROVIpED, AlWAYS that if the MORTGAGOR shall psy vnto the MORTGAGEE the promiuory note hereinbefore described ~e+d th~tl truty, promptly and fully petfwm, diuharge, exetute, tompkte, canply wi~h snd abide by esth srd every the stipvlataru, aQreemenb, tonditiau and covenants of said premissory rate and of this JNortgage, then this Mortgsge and the Estate hereby ueated sh~ll cess~ ud be null and void. ~ i 1T IS UNDERStOOD th~t the word "Mortg~got" wixther in the singular or plural anywhere in this Mwtgage, sh+ll b~ sirgulu if one only ~nd shall be plvral iointly ~nd severally if more thsn o~e, and that ttx word "their" ~s ufed u+ywhere in this JNorfgaQe sMll be taken to mean "h'a,•• ••hsn•• i or "its;' wAererer fhe tontext w impliea w admits. Also, that wherever there is a refe~ence in th~ covenants and agraements herein co~?Uintd to any of + ; ehe parties hereto, fhe s+me shall be construed to mean as wefl as the heirs, legal represent~tivet, successas a~d sssiQro (either voluntary by act of th~ panies or involuntsry by operatan of the !aw) of the same and that ihe covensnts fxrein contsined shsll bind and she benefib and advanta9es inun P ro the ~espective heirs, le9al represe~t~tives, successon and su~gns of the parties hereto. And said Mo?tgsgors, fw themselves and their hein, legal represenutiva, successors and ~uiyro, hereby jointly ard sevaally covenant snd apree } ' ro snd with tFie Hid MORTGAGEE, ib successors and assgin: i 1. To psy all and sinp~lsr the principal and interest and the var~ovs and svndry sums of moneY paYaWe by virtue of said ptomissory not~. ~nd this mwtg~ye, each and every, promptly on the d~ys respectively the same severally becoma due. 3 2. To p~y all and s~ngvlar the fsxes, sssessme~ts, lev;es. liabiliries, obliyafions ~nd ~ncwnbnnces of every nature and kind ~ow on said dasuibed ~ Property. w that he~eahe~ may be ;mposed, wffered. Placed, kvied. w astessed thcreon, p that hereaft~r may be kvied w auessed ~pon th~ Mort~- i a9e, or ti~e indebtedness secured F~ereby, esch and every, when due and p~yable, accwdinp to law, befwa they become delirquent, and befue any im~at g a~taches ot any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SMAII 6E PROMPtLY SATISfIfD AND DISCHARGfp OF 3 RECORO AND THf ORtGtNAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; u?d in the event thst ~~y thereof a nol _ paid, sat'sfied and discharged ta:d MORTGAGEE may ~t any time p~y the aame or any part thereof without waivinp w affetting a~y optio~, lien, equify p •~qht v~der a by virtue of this mongage and the full amount of eacF+ +nd every such payment shall be immediately due and paysbk and shell besr interest iram the dNe thereof unril pa~d at rate of n~ne per cent~m per annum and together with s int e t 11 be sec~ ~the lien of th:s morptaye. t~~. r~ ; : ~ 3 '•~'~3e'~a'-.,_ " - r... . - - s . . . . . ~.,~^„s .~s?:a