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Home My WebLink About0091 ~ 262455 THIS tNDENTURE, Mad~ 1hs a3rd d~y oF AugusL ~;.L r II~~ ~i t:~ i1.o; ~v~ be~W.en _ ~ _ Rws~11 B. Hinea and Glo:ia e. Hin~s his wif~ of St• 1'~1C O Co~nry Flwid~, hr?einaft~r desig~ated as tM "MORTGAGOR;' •nd fIRST fEDERAI SAVINGS AND LOAN ASSpCIATION OF fORT PIERCE, • corpaation ay~~i:ed and exiitiry under tM laws of ths Un~~ed St~tK of Art?rriu and hav'uq ib principal plscs of ~ businsss I~ ?hs Clty of Fort V;erc*, St. lucis County~ Florda, hereinafier daign~ted as tM "MORIGAGEE.' i " WHEREAS tM MORTGAGOR is jvitly ind~bt~d to tM MORT6AGEE in the ium of i 3i ~ gtrod and lawf~l money of the United ~ Statei sdvanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a ce::.~in promiuory note of even date herewifh, of whlch ths lollowinq in ~ ~~3I~V~7~Ji~F~ a trw co~Y, fo-w]t: ~ 1~~~'JS ~n P~?~e. Fb.~d,. Au9wt 23 19 73 fa va!ue rece~ved, 1, we a either of us, p~omise to pay, withoul defalcation, to the orde~ of FIRST FEDERAI SAVING~ ANO IUAN ASSOCIATION OF ~ FORT PIERCE af Fo?t Pierce, Florida, the sum of S~1 ~v~oca~~ with iroerest from date at fhe rate of 8~ 7~ per annum, in monthly install- i ~cnts as foltows: SZSS~OO on ~he 2~bd+y of ~C~r , t9 73 snd a like sum on the correipw?d~rg day of each rnonth there- ~ afte.• unti! the whole be fullY paid- E Each installment first shall be applied in payinent oi the i~terest and then o~ the unpaid balance of the prinupal sum. If default is made in ihe peyment of sny in~tallmeot when due, and such default continves 30 days, then at the optio~ of tF~e holder, and without any other notice, sll the remeining ~nstallme~ts shaU be due arn! payable at once. Privilege is given to prepay this note in whole w in p~rt at any time without penalty. Neither fwebearance, ~or acceplsncs by the holder tFxreof after a~y default in any payments hereon, shall be deemed exte~sion. A late payment charge of Z 12! _,75 shall be added to each.ins~allment remaining unpaid 7 days after [tt due date, and a like sum shall be added to each iuch instaflment remaining vnpaid 7 dsys after + each succeediny payment date. ~ Each make~, surety and endarse? hereof, jointiy and severally, waives demand, preseotment protest and not;ce of protest fw nonpaymenl, and tunher - ag~ees to any extension of time of payment, either before a after maturity, witF~ut notice to any of us; and to pay all costs of colleclion, inciudin~ a ~ reasonable a~torncy's fee in the event of any defautt herevndcr, and hereby severally waivq all benefit of homestead and exemption under the constitution ; ar.d laws of each State of the United Srates, as against this obl~gation w aqy extension or ~enewal { Witnesi the hand and seal of each party. ~ ~ / ~ ~ ~ (SEAI) ~ s ussell . H nes ~u ~/1~~ 's ~~GlOYia B. Ni11es ~qq ~ ( $46 ~ 50 ) State Revenue ; (iew~~wMB~.ow.~w~iryl.w~e) . • NOW, THEREFORE, the MORTGAGOR fw the pu?pose of tecvring payment of ssid svm of ~1 ~0~~ ~ and t}~e pe.formance of ths covenants and agreements hereinafter e:pressed, and fw divers good and val~~ble considerations, by these presents, does grant, baryain, sell, remiu, release, co~vey and confirm ~nto the MORTGAGEE, its iutcessors and auigns, atI that certaie bt, piece or parcel of land, situate, iying, and being in ths ~~~ry ~ $t• Luefe sod 3tste of F{orida, described ~i foltows: i Lots 2 and 3, Block S~ S'~JNLAND GARDBNS SUBDIVISION~ according to the piat thereot on file in Plat Boc~k 8 at Pa9e 32f o! the Pnblic Recozds of St• Lucie Countq~ Florida, . - m~ ~ ~~1 ~lo,~~~~C/~ p~ _ '~l ~l~I ~'~'O~f~? And mortgagors covenant that they are the iden~ica2 ~~T~r stk ~iE. F~ , individuals named as grantees iri that certain ~~rranty ~ ~i ~''r F I~eed bearing date of Ju~q 11~ 1973, from Willie Bra~,m ; and ~~Jillie B. Bro~,m, his t,rife, to Russell E. Hines and Gloria J. Brotim Hines, his Wife, recorded in 0. R. Book 216~ page 1001, of the Public Rscords of St. Lucie County, F'lorida. ~ . . - ' T, STAT~ oF F{,..0 R! tJA ~ o= DOCU~fNTARY ~ TaM~ rr, x~ ~ ~ DEPT.~i g~yENUf ' ~r' ss = + , - = r.a = .w~'ts~~ ~ 4 6. S 0 j ~ _ = ~~~o~ , •......s 1 f rogether with all and singular the tenemenn, hereditamenti and spp~~fances therevnto betonging or in anywise appertaining the?efo, ~nd all rent~, iuues, t p•oceeds and profin acuuing and to accrue from aaid premises, all of whid? are included in the above ~nd foreyairp description and habendum. TO HAVE AND TO HOID the above desaibed and granted premises vnto the ssid 1NORTGAGEE, its tuccessors and auiQns forewr. Md tM said f MORT GOR for tbeir ~;~s, executon, sdminisrratas aod auigns, hereby covenants with ths said MORTGAGEE, iri successors and ~ssip% ~ rhar ~~e-y ~e - lawfully uized of the said pemiies in fee simple; th~t the s~me are free, ckar u+d dischar~ed from sll liens ~od enc~m- ~ brances en law a in equity, and that tbey will and t h@iY hein sha!1 warrsnt end defend the title to the same to the saW MORiGAGEE, ib sucussors and assigns, forever agairut the lawful daims and dcmands of all perw~s; i PROVIDED, ALWAYS that if the MORTGAGOR shall psy umo the MORTGAGEE the promisiory nofe hereinbefore desuibed and thall trufy, prompNy and fully perform, discharge, execure, complete, comply with and abide by each and every the stipul~tions, ag~eerteents, cond~rio~s and covenann of sa~d promissory note and of this Mortgage, then this Mortgsge and the Estate he~eby peated shall ceas~ and be null ~~d void. IT 15 UNDERSTOOD thst the word "Mortysgor" whether in the singular or plurel anywhere in this Nb~type, shap be sinyulu if one onty and shail be plural jointly end ~everally if more than one, and tiwt the wwd "tlxir" as ~sed anywhere in this Nbrtgsgt shill be taken to me~~ "h'a," "Fxn," or "its;' wherever the context w implies or admits. Also, that wherever there is • reference in the covenann snd ag?eements herein contained to any of the panies hereto, the same shall be cautrued to mean as welt ~s the heirs, leysl representatives, successon and auigns (either voluntuy by act of the partie~ w involuntary by operation of the Isw) of the ssme and that the covena~ts herein cont~ined shall bind and Ihe cenefits snd rlvantsyq inure to the ~especlive heirs, legal representatives, sutcesson and su~gna of the parties hereto. i And said Mortgagors, fw tFxmselves and their hein, Iegal reprexmatives, successors and suigns, hereby jointty and severally covenant and sgree ' to snd wirh the ased MORTGAGEf, its succesaors snd assigm: ~ 1. To psy all and singular the principal and imerest and the wrious and iundry sumi of money pay~ble by virtve of said promiswry note, and this ~ mortgage, esch snd every, promptly on the days respectively the same severally become dve. ~ 2. To pay •II ~nd s~rgular the axes, auessmer»a, lev'~es, lisbilities, obligations and encumMances of erery nawro end kind now ort said deu?ibed prope?ty, a that hereaher msy be ;mposed, suffereA, placed, kvied, or ~ssessed thereon, a that hereafter may bs levied w usessed vpon this Mwtp- ~ age, o? the indebtedneu secured hereby, esch snd every, when due ~nd payable, ~ccoeding to law, befwe they become delinqvem, a~d befwe any interest ; attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BF PROAAPT~Y SATISFIED AND DISCHARGED Of RECORD ANO THE ORIGlNAI OfFIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RE~EIPT OR TME SATISfACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PLACE~ IN THE HANOS Of SAID MORTGAGEE WtTHfN iEN OAYS NEXT AFTER PAYMENi; and in the event fhat any thereof a not paid, sat'si;ed and discharged sa'd MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting sny option, lien, equity w ~ •~qht under w by virtue of this mortgage and the full amount of each and evc?y such payment shall be immediately due ~nd payabk and sha11 be~r interest ~ F~om the date thereof until paid at rate of nine per centum per annum ar~d togelher w~th such intqte~ sFy~l~ured by t~~ of th:i morytaye. eeoK ~ PAGE - ~ . . s i~~:_ ~ _ r . _ _ . . _ ~ r~ v_z