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Home My WebLink About2206 263892 ~ THIS INOENTURE, AAad~ the SZ~ day of _ SeQtp'1~e , A.~. 19~~., bstween A!?BRICAN lDMES ~ MDR~'GaGB, INC., a Rlorida Corporatior? _ of St . LL1C 1@ Ccuny Florida, Mreinaff~r designated ~i fh~ "MORTGAGOR;' and FIRST FE~ERAL SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE, ~ cwpaation ory~ni:ed ar~d existin~ undw tM laws of th~ United Sutas of Amtrica and havir+p in principal pl~c~ of bu~in~u in tM Ci1y of Fwt Pian. SI. lucie County. Fbrida, heriu+after deiiynat~d as th~ "MORTGAGEE:' WHEREAS th~ M~RTGAGOR is j~~tly irdabqd fo tM MORTGAGEE in ths sum of = 31.200.~ ~awful mw~ey of the Un~ted Ststei ~dv~nced by ths MORTGAGEE unto ths MORTGAGOR, ~s evidenced by ~ cer~ain promiuary note of even date herewith, of which th~ followi~q in wordi +~d fiywes is a 1rw copY. fowit: ~ 3 31.200.00 Pip 104Z~40f1 . ~ P~~~.. Fi«~,, Septesber 5 19 73 Fw value received, I, ws w either of us, promise to p+y, without defalcatio~, ~o tho order of FIRST FEDERAL SAViNGS AND LOAN ASSOCIATION OF FORT PIERCE at Fat Pisrce, Florida, the sum of s 31 ~ 2~ with interest from date at the rate of 9• ~ 96 per annum, in mo~thly inst~ll- ments as follows: S 281•~ on Ihe ~thday of ~cesber 19~~ and a like sum on the corresporxl~np day of exh month tMrr after until the whole bc f~iy w~d. Each installment first ~hal) be appiied in psyme~t of ths iNerest snd then on the unpa~d balance of the principal ~um. If defeult is made in tha payment of any instailment wfxn due, a~d such default cominues 30 days, the~ at the option of the holder, and without any other notice, all the remaininy ~nsqllments shall be due a~d payabfe at once. Privilege is given to prepsy this note in whole or in put at any time without penalty. NeitF?er forebearance, nor aaeptance by the holder thereof after a~y default in any payments hereon, shall be deemed extension. A late payment charge of ~ 14. ~5 shall be added to each installme~t remaining unpa~d 7 days after iri due date, end a like sum shal~ be added to each such installrrKnt remaining unpaid 7 days ~fier each svcceeding payment date. Each maker, surety and endwse~ hereof, jointly and severally, waives demand, presentme~t protest and r+otice of prote~t iw nonpayment, and funher agrees b any eMter?sio~ of t;m~ of p+ym~+q. either befora-or aftec-maturity._without noiice_1c_ any_Qf_ us: artd 1Q_ QaY all_ Gost~ of collectio~,_ includ~np reasonabh ettoraey's fee in ~!x ~ven1 of any defwlt herew?der, and Mroby saverally waives alLbenefit of Mmestead and exemption under the ca+stitution end laws of each State of the United States, as aga~nst this obligation ot any eateosio~~~,AN~~~ b~Rn~C~~ I~• Witness the Mnd and seal of each party. BY: s/ w; >>;sa-A.-Andes~^n, ps~~ 3sd~lht Corporate Sea,l Atfixed ~ (SEAU ATTEST: Verna L. Ander~on~ Secret~U ( ~ State Revenue . ' (Srampt csncelled on oripinal note) N~W, THEREFORE, the MORTGAGOR for the purposs of secu?ing payment of said sum of S 31 • 2~ . ~0 . snd th~ perform~nce of th~ ovenants ar+d aQreemcnb hereinafter expressed, ~nd fw divers good snd valuable cauidratans, by fhets presents, does yrant, baryain, se~l, remise, release, convey and confirm unto the MORTGAGfE, iri successors and sssi9ns, all that certain bt, piece or parcel of land, tituate, lyi~g, u~d beinp ln the CouMy of $t• ~~~8 ~nd Sute of Florida, describsd ~s follows: Lot 21, Block 105, LAI~WOOD PARK UdIT NO. 9, as per plat thereof on file in Plat Book 11, Page 27, 27A through 27D, Public Records of St. Lucie County, Florida, M STAT oF FL ~F IDA 1 OOCUMENTARY ~._'~.`;~~T~y~~ p Tax ~ " OfPT. Of REyENUE .~r~ . ~ ~ Po_ ~ s_~,b~~s 4 6. 8 0 i ~ . - k . _O_._._ . ~ -=u~ - ~ - ' ~ IN PAYt~E1R OF tAxE3 1 - ~ M 'C IlIYAtIG18lE PERSO.,~I. PIl~'~~ ~ ~ ~ ~ ~ /~J ~ ~ r ~ ~ ~~s ~j~l! oa, FU~ 3 aH~( ~T ~ ~ ~ t ether with •II and si ~lar the ~enements, heredit~ments snd a rtances thereunto be ~ w in an ue ~ um thereto, ~nd all renri, issues, ~9 ^9 PP~ ~~^9~^9 Yw PP~~ ~ ~^9 proceeds and profin xuuing and to accrue from said premises, a~l of which are included in the ~bove ~nd forpoirg destriptan and h~bendum. ~ TO HAVE AND TO HOW the sbove descr76ed and granted premises ur,to tM said MORTGAGEE, itf suttessors and aui~m for~v~r. Md t!w s~id ~ Lheir _ MORTGAGOR fa - heirs, executors, sdministrato~s +nd euigns, hereby coven~~ri with the said MORTGAGEE, its wttessws and +sti~a, ~ shat t11~Y are ~awfully seized of the said premises in fee simple; that the same are free, ckar and disch~ryed from ~II liern ~nd ~ ~ brances in Isw a in" equity, snd that t~y will and L~ 1Z hein shali warrant a~d defe~d the title ro th~ same to tF» said ~ MORTGAGEE, its successors snd assigns, forever sgairot the lawful claims and dem~nds of all penons; z pay untd the MORTGAGEE the promiuory note hereinbefore dexribed ~nd shall truly, promptly ~ PROVI~ED, ALWAYS that if Ihe N40RTGAGOR shall and fully perfwm, diuh~rge, execute, compkte, comply with and abide by each and every tF~e stipvlations, agreemenri, condiYions and toven~nts of said promisaory rat~ and oE this Mortgsge, then this Mortgage and the btate hereby aeated shall ceate artd be_r.ull and wid. IT IS UNDERSTOOD thst ti~e word "Mwt9sgor,• whether in the singular a plwal anywher~ in this Mortgage, shall be sirgulsr if o~e only a~d shall be plural joiMly and severally if more th~n one, and that the word "their" u used anywhere in this IKortpspe shall be t~ke~ to mtsn "ha;• ••hen•• or "its;' wherever the conteat w implies a admits. Also, that wherever there is a roference in the covenann and apreemenb herein oontained to ~ny of ; the parties hereto, the iame shall be construed to mean as well as the heirs, ~e~sl represent~tives, succestors snd auiyra (either volu~tsry by act of tM parties or involumary by ope~atan of the law) of the ssme and tha~ the covenants herein contsined ihall bind and 1Fr b~nefits ~nd ~dv~nipa inw~ to the raspective heirs, leyal represeMatires, successors a~d au'9r?s of the parties hereto. And iaid Mortgagors, for themselves and their hein, legal re{xesentatives, successo~rs and assigns, hereby jantly and severslly covenant and ayree . ~ to snd with the ssid MORTGAGEE, iri successors and assigrts: ! Y.` ~ 1. To p~y +II and sirgulu tlx principal +nd interost and the wriovs snd su~y sums of money payabk by virtue of said promiswry note, and this ~ mortyspe, e+ch ud ~very, promptly on tF» days respectively the s~me severally becarw dve. ~ 2. To p+y all ar+d singvlar the ta:es, sssesunenb, levi~, liabilitics, oblg~tio~s snd erKUmb~a~ces of every n+twe snd kind now on asid described ~ property, a that hereafter may be imposed, s~fiered. Plxed, levied. or asseued thereon, a that hereafter may be levied w auested upon this Mort¢ age, w tM i~debtedneu secu~ed hcreby, each snd wery, when due and psysble, acc«d~g ro law, befor~ they becam delinquent, ~nd before arryr intaest ~ attaches or a~ryr pen+lty i~ incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCNARCaED OF ~ RECORD AND THE ORIGINAI OFFlCIAI DOCUMENi (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfIC1AllY ENDORSED OR CERTIfIED) SHAII BE PIACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event tMt ~ny thereof a iwt ~ paid, sat'sfied and distharged sa:d MORTGAGEE may at any time psy the ssme w sny paA thereof withovt waivin~ w sifectinp any optan, lien, eqvity w •~aht v~der oi by virtue of this mortgage and the full amount of each and every s~ch paymeM shall be immediately due s~d pay~bk s~d sh~ll bta~ interest ~ ~.om the date thereof until paid st rate of nine per centum per annum and together with such interest by the lien of th:a morytaye. ~ 8 ~~~zzo5 ~ ~ `°-.~'s.-F~~ a_..r~:: • ' s { a ~ _a~~ ~ - r_ , : _