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Home My WebLink About0847 ~ 262942 ~ . _ THIS INDENTURE, Mad~ the • 29tb day of • A.D. 19 73 ~ between .7saes C. Pressl~v. Jr. and J~nni~ uae pY~-~-~ ~{~a of St. L1iCi~ . Counfy florida, Mr~inaf~N ds~i~nated t1M "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corporation orpani:ed end existin~ unda Ihe laws of 1M Uoit~d 51~tq of America and Mvinp in principal plact of buiineu in tM City of Fon Pieru, St. lucis Couety, Flaida, he~einafte~ des~nated tM "MORiGAG~E." WHEREAS th~ MORTGAGOR is jvttly indebted ro 1Fw MORTGAGEE in the sum of ~ li~a~~~ , good and lawful money of the Unire~ Sute~ advanced by ~hs MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even date herewith, of wh~:h the (ollowinq in wwds ~nd figures is a trw copy, to-wit: ~ 11 ~00 . 00 ~ 1~Z~~ • Fort Piern. Flo~id~. Auatl~t _19~ _ ~.....~e ..~n ~r..u .~1t~v~eT~nu ee ' _ . _ . . _ . . . . ' - _ _ ' ~w ~nc~~ti• wc w c.iiwi w. F v.G..io 7G M.~ :.d7ta~C :.~..c.~~..c::., _ " ' " - , ' - va~vo Ji - - • e • ' . . _ _ FORT PIERCE at fwt Pierce, fto~ida, ~he sum of s_ 11~.2~•~ with interest from date at the ~ate of ~a~~ per annum, in monthty install- 20th D~c~sb~r 73 ` ~ ments as fol~ows: S 93 oe ~he day of 19 and • like sum on the correspw+J~ng day of each mwNh ther~-.~' after umil ~he whole be fully paid. , Eath installment first shall be applied in payment of the interest ~nd then o~ the vnpaid balanp of the printipsl wm. If deiau?1 it msde in t1+0 payment of any installment when due, and such default continues 30 days, the~ at the optio~ of the holder, and without sny other notice, all the remainirg ~nstallments shall be due and payable at onca Privilege is givu? to prepay thii note in whole w in part at ~ny time without penalry. Neither fwebearante, nor ~cceptance by the holder thcreof after any default in any payments hereon, sMll be deemed exte~sion. A late psymcnt charge of s 4~ 65 sha11 bs added to ~ach installmeat remaining unpa~d 7 daya after its due-date and e likp ~urt~ shall_be added to each such instaltrrKnt remaining unpaid 7 days aftet each aucceedN+9 WYment date. - Each maker, surety and endorser hereof, iointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extens~on of time of payment, either before or after maturity, without notke to any of us; and to pay all costs of colleaion, includ~ng a reasona6le attorney's fee in the event o( any default hereunder, and hereby seve~ally waives all benefit of homestead at~d exemption under the tonatiNf'w~ and laws of each State of the United States, as against this obligation w any extension o~ renewal hereof. Witness the hand and seal of each party_ . s/ Ja~es C. Pressley~ Jz . ts~/?U (s~?q s/ Jannie Mse PrQ:slev ~U ~ ~ 16.80 t $tate Revenue NOW, iHEREFORE, tha MORTGAGOR fo~ the purpose of securing psyment of said s~xn of S 11 ~ 2~ snd tF~e performsnce of ths cov, ne ants and_ ayreements hereinafter expressed, and for divers good sod valwbfe consider~tions, by these preums, does gnN, baryain, se11, remise, release, convey and confirm unto the MORTGAGEE, its successo~s a auiyns, a t t certa~n-1oTpiec'e oi putei3TiinZt,-fiiu3T8, tying~zrfd-beinQ-hrthe Cwnty of St • i'~~ and State of Fbrida, described ~s follows: Lot 26 of N~BYBRHDFR'S RBSLBDIVISION ot Lot 96 ot Gaiden City Raras ia Sectioa 5, Township 35 South, Ra~age 40 Bast, according to a plat thereof recorded in Plat Book 6, Page 10~ of the Public Records ot St. Lucie Cou~ty, Florida ~ ; RiC3A~ ~ STATE ~F F1..0 j ~ Y ~ ~ DOCUMENIARY ~SjA-~-!' t .~s, i oi ~ ~PT.'O ErENUE,r' ~ 'i„ ~ p ~ ~ . t c c ~ _ ~ .5,73 ~ I ~ ~ ~ o -`o ' REf~JVFD = ~ 1 " IN PAYMEM OF Tl1~ w~ o ~ t~~~2 D!E QN CIASS'C' INTAMGIBIE PfRSONAL PROPERiY~ ~ r ~ PORSlMhR TO t~lAP1ER 71-134, ACiS OF ly/1~ ~ 4~lGER POITWIS . ~ ~ ~RI( CIflCUR OOURT, ST. lUC1E OQ, FU? ~ together with all and singular the tenements, heredit~ments snd appurtances the~euMO belonginp or in ~nywise appertaini~y thereto, and ~II reMS, iuues, proceeds and profits accruirg and to acwe from said premixs, all of which are included in the above snd foreyoirg dewiptan ~nd habendum. ~ TO HAVE AND ~~~lD the above desuibed snd granted premises unto the said MORTGAGEE, in successon ~nd auigrn forev~. Md the aid MORTGAGOR foi r-- heirs, eaecvtors, administnrors and sssgns, ixreby covenanri with the s~id MORTGAGEE, iri succeuors u+d ~uiyrn, ~ ~haf - t~~K are lawfully seized of the said prcmises in fee simple; that the ssme are fr~e, ck~r and diuh~ryed from all liens ~nd encw~r ~ brances in Isw a in equity, and that t~ V wi11 snd t lfe ilr hein shall warrant snd defend the title to the same to the ssid ti10RTGAGEE,-ifa-successors_uul_assians._fflrsYer aa~i4iLths_I.awf~l claims and demands of sll persons_ ~ - - - - - _ - ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pey unto the MORTGAGEE tl~e prom'~ssory note hereinbefwe destribed snd shall truly, promptly _ and fully perfwm, diuhsrge, execute, compkte, compty with and abide by each and every the stipulations, agreemcnts, conditions and covenants of said promissory note snd of this Mortgsge, then this Mortgage snd the Estate hereby ueated shall ce~se arwl be nul) and void. i` IT IS UNDERSTO00 thal the wwd "Mortgagor" whether in the sin9ulsr or plural anywFxre i~ this Mortgsye, shall be sing~ls~ if one only ~nd ~ shall be pl~ral jointly snd uverally if mote than one, and that the wad "their" ss ufed anywhere in this Matgaye ~h+ll be t~ken to me+n "his;' "hen;' or "its;' wherever the context so impliq w sdmits. Alw, that whereve? there is ~ rcference in the covenants and pretments he~ein contained to a~ryr of ~ rhe pa~ties hereto, the same shalt be construed to meso as well as the heirs, kgsl reprosentatives, successors snd auigns (either votunUry by sd of the psrties w involuntary by ope?at'wn of tFx lawl of the same and that the covenanb herein co~tained shsll bind and the benefitt and adva~tayes inure ~ ro the reipeclive heirs, leyal ~epresentatives, succeuors and au'gns of the parties hereto. And said N4atgagors, for themselves snd their hein, legal represemstives, succeuors and auigns, hereby joinNy and uvetally covenanf and ~pr~e ~ ro and with Ihe said MORTGAGEE, in soccessors a~d suigm: ~ 1. To pay all snd singul~r tF~e principal and imerest and the vsrious and sundry sums of money payable by virtue of said promiuory note, and tha mortysge, each snd every, promptly on the days respectively the same severally become due. ~ - ~ 2. To p~y all end sinpular the taxes, ~ssessments, levies, liabilities, obligaYwro and e~cumbrances of every natwe ~nd kind now on said described prop~rty, a thst he~eafter msy be impoted, suffered, pl~ced, levied, or asuued tlxreon, w tMt hereafter may be levied a asseased upon this Mort¢ age, or the indebtedneu secured hereby, each and every, when due snd payable, sccordinp to law, befae they becorM delinquent, a:~d befw~ any intaes~ ~ attaches w sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAN1E SHAII 8E PROMPTLY SATISFIE~ AND DISCHARGEO OF RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (StKN AS, FOR INSIANCF, THE TAX RECEIPI OR THE SATISFACTION PAPER OFFICUIIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACED M THE HANDS OF SAID MORTGAGEE WITKIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM thaf ~ny thereof is not ~ paid, saYsfied and dixharged sa:d MORTGAGEE may at any time pay the aame w any part the~eof withovt waivi~y or sf(ectiny any option, lien, equity w €~'r •~aht under w by virtue of this morrgage and the full ~mount of each snd every such payment shsll be immediately due and payable and shsll bear i~terest ~ srem the date thereof u~til paid at rate of nine per centum pe~ •nnum and together w~th wth interest shail w~ the lien of~ 's ~ 9taye. Boo ~1~ P~cE ~ ~ ~ : - ~ . ~ ~ ~~3 ~'3~ a`r ~ T ~ e,. ~ a r ~a`r.~ K ~~~a~La~