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Home My WebLink About1771 ~ ~ ~ 261518 THIS IN~EMURE. M+d~ tA~ 9th ~y of Auguit , A.D. 19_-_, bstwe~n Tom Sumpter, a single a ~ .T; ~ ~ ~ , of ?St. Luc ie Cp~~~y f~~~, ~~uwfta dt~ipnated aa tM "MORT AGOR;' +nd FIRST FE~ERAL SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCQ ~ twpot~tion wp~nis~d ~nd exis~inp undar Ih~ laws of the United S~Hq of /un~riu ind Mvl~q i» prir?cipai plau of b~iin~s in th~ Ciry of Fwt PiKU. St. luci~ Cwery. Florida. Mrei~af~K de~ipnated ~s th~ "MORTGAGEE.•, WHEREAS th~ MORTGAGOR is juitly ind~b~~d to Nw MORTGAGEE in tM sum of ~ood and lswf~l ma+ey oi the Un:~ed Srat~s advarxed by ths MORTGAGEE unto th~ MORTGAGOR, as evidenced by ~ cer»in promissory not~ of eve~? daN M~ewitR of wh~ch the followin9 in wwds ~nd fgures is a trw copy, to-wit: ~ = 2.000.00 _ 10020309 P~..~4 Augus t ~ w Fw val~e received, 1, we w either of ua, promise to Rax, without defalcarion, to the order of FIRST FEDERAIr,$AVINGS AND IOAN ASSOCIA'lIJN O~ t 2 s ~vv • 00 with inter st from data at the rate ofj % annum, in month instatl- FORT PIERCE at Fort Pierce, florida, the sum of = Pef ~Y ments as follows: ~ o„ 20thd,Y of September ~ ~9 7~ and a like sum on ths correspa?dirg dsy of each month thers- after until the whole bs fully piid. Each installment first shall be applied in payme~t of the intere~t and ~hsn on ths unpsid bal+~ce of the principal sum. If defauft is mads in th~ paymeM of any inatallment wFxn due, and wch defauh continues 30 days, then st the option of tM holder, and withoul a~y other r?otice, all the remainir?~ ~nsrallmenn shall be due and payable at once. Privileqe is given to prepay this nots in wlwle or i~ part at any tirt+e without penalty. Neither faebearsnte, nor scceptante by tM hotda thereof after a~y default in any paymcnts hereo~, shall be deemed extension. A late psyc~ient thuge of i~.~. ih+ll be added to each ins~allment remaining unp+id 7 d~ys after its due date, and a like aum shall be added to each such installment remaininp uopaid 7 days ~he~ each succeeding psyment date. Each maker, surery and endor~er hereof, janNy and severally, waives demarul, presentme~t protest and notice of p?otest ior nonpsymeM, and funher agrees to sny exlension of time of payment, eithe~ before a sfter matu~ity, without ~?otice to any of us; and to pay all costs af collection, trxlud~rg a reasonable attwney's fee in the event of any default hereunder, snd htreby severally waives all berxfit of homeit~sd snd exemption under the constitution and lawt of each Sute of the United States, as against this obligafion or any extensior~ or renewal hereof. Witness the hand snd seal of e~ch party. s Tom Sumpter, a sin le ~„U adu1~ ~y cs~?u ( ~ 3 • ) Stsfa Rev~nw {b~sn~,p~ ~+~+lla~F areripin~F-nws) NOW, TMEREFORE, ths MORTGAGOR for the purpou of securirg payment of said sum oi ~ nnn - n~ and th~ performsnce of th~ coven~nts and ayreements hereinsfter expressed, and fw c~iven yood and w~wble considerations, by these presa~», does granl, bar9ain, sell, remise, retease, convey and confirm unt4 the MORTGAGEE, its svcceuors and auiyns, •11 that cenain bt, piece or pucel of (~nd, situate, lying, and beirg in ths County of `St • I'uCle ~nd Sah of Fbride, desvibsd ~s folbwt: ~ Lot 7, Block 5, of EMANCIPATION PARK, as per plat the~f on file ; in Plat Book l, at page 38 of the public records of St. Lucie County, Flor ida . ' ~ N S A E flF LOR(DA ~ `O ~OCUMENiARY ~~A ~ I c'+ ~ D I~REYEMII~. ' i c/~ A~itf'ta • - =t.l.... ..O~.~l~i ~ a =1U02 `b.« ' t ~ I ~ ~ 1R P1~YMfJti OF Tl1~ i OuE or~ a~ss ~~r~ne~ rERSO~ ~n, - Ara~wrr ~ro a+~ER ~~-i~. ,~crs oF i~n. aoc~ ~+nmru l~l~ d.9ifl qAGJR OOURT. St. UlCIE 00~, FU1, U ' ~ *.ogether with all and singulsr the tenementi, hereditammn +nd sppurfsnces there~nto belaging w in anywite ~pperfainirg there/o. a~d all rents, isswi, proceeds snd profits +cuuing and to +ccrue from said p?emises, all of wFiid+ are included 'm the above ~nd fwe9anp descriptia+ snd habendum. TO HAVE AND~s LD the ~bove dew76ed and yranted premises unto th~ said MORTGAGEE, its suaeswn and usiyns fore+nr. And tM said ~ MORTCaA R fo~ heirs, executors, administrators and assigns, hereby cov~nanls with fhe said AhORTGAGEE, ifs t~cceuon ~nd assipro, ~ rhat ~e 13 lawfvlly uized of the ssid premises in fee simple; thst the same aro free, ckar and diuharQed irom all liens uid ~nc~re~ ~ brances in law a in equity, and tMt w~ll and h~ R hein shall warnnt and defend the title to the same to tM wW MORTGAGEE, its iuccessors ~nd ~uigns, forever ~yainst the Iawful claims and demands of ~11 pe~som; . PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note her~inbsfwe dewibed and sh~ll truly, promptly t ~ and fully perform, diuharge, e:earte, complete, comply with and abide by each ~nd every the stipulations, ~yreemenn, conditions and tovenanri of said e p~omissory note and of this Mortg+ge, then this Mwtg~ye and the Estate hereby aeatsd shall cea~e ~nd be rwll ~nd void. ~ ~ {T IS UNDERSTOOD that the word "Mwtgsgor" whetF~er in the sirqubr or plural ~nywhere in this Mort9aye, ~hall be sirgulK if one only and ~ shall be plvral jointly ~nd severally ii more than ons, snd th~t the wad "their" st used anywh~rs in ti~is Mort~~ shsll b~ tsken to mean "his,,• •'hen,•• ~ oi "its;' wherever the context w implies a admits. Also, that wherever there is a r~ferenu in the covenaMS and ~greemenb herein oont~ined to any of ~ fhe pariies hereto, the same ahall be construed to mean as well ~s the hein, leyal rtpresentativei, s~cceswrs snd aii~gm (eitF~er volvnt~ry by ~ct of th~ t ~ parties w involuntuy by operation of the Iaw) of the same and that the covenams herein cont~ined shsll bind and the benefib and adv~nt~yp Inut~ ro the reipective hein, leyal represe~tatives, wccessors snd au~ns of ths panies he~eto. ~ ~ And said Mwtgagon, fw themulves snd thei~ he'as, legal repreient~tives, successors end assipm, hereby joinNy ~nd sevaally oovenant ~nd ayr~e ~ ro and with ths said MORTGAGEE, its successors and assigro: ~ ~ 1. To p+y all and sirgvtar the principsl and interest and ~he wria» and sundry sums of money pay+ble bp virtue of s~id promiisory no~e, and this mortgsge, each and every, prompNy on the dayt respectively the same sewrally becarK dw. ~ ~ 2. To pay all ~nd w~pvlar the taxes, assessmenn, leviea, lisbilities, obligatwro and encumbrances of ~very n+ture and kind now on tsid descrlbed ~ Property, a tMt here+Ne? r?wy b~ imposed, suffered, plxed, levied. w~sse~sed tixreon, w that hereafte~ may be levied or usessed upon thi~ Mwt¢ sge, a tM i~debtedness secured hereby, each ~nd every, when d~e ~nd psyabk, ~ccwdirg ro bw, befwe they become detinquent, snd before any intaes~ ~ attaches a any penalty is incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII dE PROlNPTLY SATISFIED AND DISCHARGED OF RECORO AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAUY ENDORSEO ~ OR CERTIFIEO) SHAII BE PLACED IN THE HAN~S Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the ewM tMt ~~y thereof is not paid, sat:sfied and discharyed sa:d MORTGAGEE may at any time psy the same w an~;j~srt the~eof without waiving a affectiny any option, lien, equity o~ ~~qht under w by virtue of this mortgage and the full ~mount of each and every such psyment shall be immediately due ~nd payable and shall bear interqt ~ ~.om the date thereoi until paid at rate of nine per centvm per annum snd toyether with such interest shall be ~ecvred by the lien of th:s mot9tape. ~ bQOK 1 PACE1~~ ~ - ` y,~ ~ ~ :~..M~ _ _ _ „ . . 7~.~~~-~-.~~'°~~