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Home My WebLink About0833 , ~ r 26~~~S ~ 30th Auaust A.D. 1973 b.~~ THIS INDENTURE. M~d~ the day of ~1,i 7 in n Shplnut ,a~,ci Sharnn 1 $hgl~~t~ hi s wi fEs - of ' uC e County ftorid+, Mr~ina(ta deiig~ar~d as ~M "MORTGAGOR;' and FIRSi fEDERAL SAVINGS AND IOAN ASSpCiATION OF fORT PIERCE, • corporation wpanized ~nd existinp unde. th~ laws of the United SuNa of Am~ric~ i~d hsvir+y in principal place of bvain~u i~ tM City of forf Pi~ru, St. lucie Counry. Plwid~, he~einaftsr detipn~ted ss fM "MORTGAGEE." ~ 25 ~ 2~. and lawful mone of the Unltcd WHEREAS tAe MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of S 9~ y States ~dvanced by ths MORTGAGEE unto the MORTGAGOR, as evidersted by a tertain promissory note of even date herewith, oi which the folbwiny in = 25 ~nd ~iy~r~~iA a trus copY. lo-wit: 11~~158 2()i) VV v«~ P~.~., F~«~d,, August 352, _~9~~ Fot value rKeivcd, I, we w either of us, prom2~to pyy~v~ti ~os~t defalcation, ta the order of FIRST FEDERAL S~VIt~GS aN0 LOAN ASSACIATIO'9 C~' ~llu OV FORT PIERCE at Faf Pierce, Fbrida, the sum of S ~ with interest from date at the rate of ~ :S: per annum, ~n mo~.thly instsll- ments as follows: i 227 • 0O on the 2Oth dsy of Oetober ~~3 and a like sum on the correspo~d~ng day of each maith lherr after until the whole be tully paid. Each installment lirst shall be applied in payme~t of the interest and then on the unpaid balance o( the prinupal swn_ If default is mads h tha payment of any installment when due, and such default continues 30 days, then st the option of the holder, and without any ot4e~ notice, all tFK ren+ain;ng ~nsrallments shall be due and payable al once. Privilege is given to prepay this rate in whole or in part at any tims without pcnalty. Neither forebearance, nor acceptsnce by the holder thereof afte? any default in any paymenls hereon, shsll be deemed extension. A late payment charge o4 ~ 11. 35sha11 bs added to each instellmenl remaining unpaid 7 days afier its" due date, snd a tike sum shatt be added to eath such instaitme~t ~emaining unpaid 7 days afNt - each sutteeding paymenf date. Each make~, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayme~t, ~nd furtF?er agrees to any extensiw~ of time of payment, either before w afte~ maturity, without notice to any of us; and to psy all costs of collection, irxtud~rg • reasonable attorney's fee in the event of any defauit hereunder, and hereby sevc~ally waives all benefit of homestead and exemption under tht constitution and laws of each State of the United Slates, as against this obtigation or any extension or renewal hereof_ Witness the hand and seal of each party. S/ Philiv D. Shelnut ~U ts~u~ S/ Sharon L. Shelnut ~ $37.80 ~ ( ) Stafe Revenue NOW, THEREFORE, the MORTGAGOR tor the purpose of securing payment of said sum of = 25 + 2~ and the perforrrWnte of ths covenants-artd~yreements-hereinafter-erpressed,--snd for~iven good-end-wlvsbk--coea~de+atioM.-by-tl~s~--p~~s~nu.-do~s-grar~ -~q=';---~~. ~ release, convey and conf' m untQ the 1VpORTGAGEE, its successort and su~gns, all that certain lot, piece or percel of land, situate, lying, ~nd bein~ in ths County of LuCle eod State of Fbrida, dewibed as follo~wi: Lots 42, 43, 44, 45, and 46, Block 23, LAWNWOOD ADDITION, as shawn upon ~'lat thereof recorded in Plat Book 2, page 16, of the Public Records of St. Lucie County, Florida. ,1 oF 4A"~P ~~`2 ' p~ r 31• ~ O ~ ' ; s~ oo t oM¢N~,, t~' iy r ~ pEP ~ ~,Q.§ 1 0 ~ ~ i ! ` r ~ P~" ~ ~ ~~~~02 ~ s'~ , lN PAYMEM OF TN~ ~ r• p pECpVED pfRgpNAL PROPEttn• ~ OUE Qt1 pASS 'C' INTIINGIBLE ~S OF 19J1. jf/ ~ ~~i 70 CWIPTER 71-134. ~J1(%~ ~ ppITRA.~ ~ ~1nt ~IRCUIt OOURL Si. WCIE 00. ~ ~ together with all and singvlsr the tenements, hereditaments and eppurtances thcre~nfo belonging or in anywise appertaining thereto, and all rents, issues, prxeeds and profits scuuirg and to acuue from said premises, all of which are included in the ~bove and faegoirg descripfion and Mbendum. ~ TO HAVE AN O NOID the above described and granted premises ~nto the said MORTGAGEE, i» svccessors and assiyns forever. Md th~ said A ~~ieir ~ MORTC~Qf~_fora~e heirs, executors, sdministratws snd assigrn, hereby covensntt with the ssid MORTGAGEE, its suaessors ~~d ~ssipia, «,ry ~ ~hat lawfully uized of the said premises in fee simple; that the same are free, cleu and dixharged from ~II liens and encw~r ~ bronces in law a in equity, and that they W~~~ a~ their ~;n ~,~II w~rnnt u~d defend the titk to rhe s+me to the s~id ~ - - eg , ~ MORTGAGEE, its successors snd augna~ foreve? ai~srtht tswfut-dstmrartd demands af aH ~ PROVIOED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate haeinbefwe described ~nd shall truly, promptlY and fully perform, d~scharge, execute, complete. comply with and sbide by esch and every the stipulations, agreements, conditioru and cwensnts of said - promissory note end of this Mortgsge, the~ this Mortgage and the Estate hereby aeated shall cease ar?d be nvll and void. ~ IT IS UNOERSTOOD th~t tF~e word "Mortgsgor" whether in the singular w plura! anywhere ie this Mortg+ge, shall be sirgulsr if one only a+d ! ~ shall be plural jointly and severally if more than one, and that the word "their" ai used anywhere i~ thK Mongage sh~ll be tsken to me+n "his," "hen;' or "its;' whe~ever the context so implies o~ +dmits. Alw, that wherever there is a reference in tM tovenants and agreemenb herein coMained to a~r of the parties hereto, the same shall be construed to mesn as well as the heirs, legal representstives, tuccesson snd sui9ns (either voluMary by att of the ~ parties or involumsry by operation of the law) of the same and that the covenants herei~ contained sMll bind and the be~efiri and advantages &wre ~ to the retpective heirs, legal representatives, successon and +u~gns of the puties hereto. ~ And said AAoregagors, for themselves and their heirs, leysl repretentstiva, successws and auiy~», he~eby jointly and seve~ally tovenant snd ayree ro and with the aid MORTGAGEE, its successors a~id assigns: pay all and sinyvlar the printipal and interes/ and the wrious and sundry sums of money ptyabk by virtue of said promiuoty note, s~d this 1. To ~ r;; mortgage, each ~nd every, promptly o~ the days respectivety the same uverally become due. 2. To pay dl snd singular the ts:es, asussments, Ievies, IiabiliY~es, oWiy+tions and encumbrances of every nature and kind now on ssid desa~ed ~ property, or tt~st hereafter may be imposed, suffered, placed, levied, w asses~ed thereon, w that hereafta m~y be levi~d w usesseA vpon this N1ort¢ age, a the indebted~eu ucured hereby, esch and every, when d~e and payable, xco?dirg to Isw, befwe they become delirquent, snd befwt aMr imarest artaches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISFIED AND OISCHARGED OF RECORD AN~ THE OR~GIt3AL OFFICIAL OOCUMENT (SUCH AS, fOR INSTAPlCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIAIIY ENDORSEO ~ OR CERTIFIED) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1fTER PAYMENT; and in the event thst sny thereof is no1 ~ paid, satsfied and discharged sa;d MORTGAGEE may at any time pay the same w any part thereof without waiving or affecting any option, lien, equity p 4 •~pht under or by virt~e of this mortgage and the full amount of each and every such paymeM shall be immediately due and payabk and shall bear interest ~ ~rom the date thereof until paid at rate of nine per cemum per annum and toyether w~th such inte t ured by Ihe lien of th:s morytspe. ~ oo~~~`~E s~z ~ _ _ ~~a _ _ ~ _ e . _ _ . ~ ~