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Home My WebLink About0807 - 2s~~ss 4 . . ! THIS INUENTURE, M~de the_ • 17th _ d~y of ~pt~beY , A.D. 1973 between srwa ass an a a~s, s w • of St • C 0 County Flw~d+, he?einafta desg~ated ss th~ "MORTGAGOR;' a~d FIRST fEUERAI SAVINGS AND IOAN ASSpCiAT10N OF FORT PIERCE. ~ cwpaalion wyani:ed and exi~tin9 under the laws oi the Unlted Stata of Ameriu ~od h~vinp iri principal pl~ce of busin~ss in tlw City of Fort P~etu, St. luci~ County~ flaid~, hereinafter desi9n~t~d a~ tFk "MORTGAGEE." WHEREAS 1M MORTGAGOR is juttly indebted ro tFw MORTGAGEE in the sum o( : 27 L~~ ~ good and lawful mo~sy oi ~he Un~ted Srate~ advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promiuory note of even date herew~lh, of wh+ch ths followinp in kL Wordi and figurei i~ s~rue copy, to-wit: 3 . Z7.B00.00 r,~, 1O0Q0433 Fo?t Pieres, flaida, _~~it ber 17 19_'j~_ ~ for value received, I, we or ci~her of ua. promise to pay, without defalcation, to 1he order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FpRT PIERCE af fort Pierce, florida, the sum of S 27•8 •~0 with inrerest from date at tha rete of 9~~ °ro p~ annum, :n monthly initall- ~ ~,ents as tot!ows: S?~~~ on the ~ daY of Deeesber , 19~_ and a like sum on the correspond~~g day of each mooth the~e- afrer until the whole be fully paid. ~ ~ Each insta!Iment (irst shal) be applied in payment of the interesf and then on the unpaid balance of the prinupsl sum. If defeulf is ~ds 1n 1FN F~ayment of any instaliment when due, and su<h default continues 30 days, then a1 the option o4 the holde~, and without any other notiu, all the remaining . ~r~sreltments shall be due and payable at once. Privilege is g~v~n to prepay this note in whole or in pan st any time without penalty. Neither forebearance, nor acceptance by the hoider thereof aitar any defautt in any payments hereon, shall be dremed extension. A late payment charge of s 11 ~ 7O shall be added to tach ins~allmeM remai~ing unpaid 7 days aher its due dats, and s like sum shal) be added to each such in~tallmeM remainirsg unpaid 7 day~ after ~ each sucteeding payment date. ~ Exh maker, su~ely and endwser hereof, jointly and severally, waives demand, p~esentment protest and notice of p~otett for nonpaymenf, and fuAher \ agrees to any extension of time of payment, eithe: beiore a after maturity, withou~ norice to any of us; snd to pay all costs oi collection, including • reasonable attwney's fee in the event oE any defauit hereunder, and hereby severally waives all benefit of inestead and exemption under the constitutan ~ a~~d laws of each State of the United States, as aga~nst this obGgation or any extension or renewal hereof Witneu the hand and seal of each party_ _ C~/~ ~l ~ (SEAu ~SEAI) . cs~?u ~ s/Bdda wi lia~s ~s~w " ~ S41 ~ 7~ ) State Revenue . K~~•oww~Y~d.~w.~i~i.er w~i NOW, THEREFORE, the MORTGAGOR fw the purpox of secvring paymcnt of ssid sum of S 27~8~~~ , and the pe?fwmsnce of ths ~ covenants and sgreements htreinafter eapressed, and fo~ divers good and valuabte con~iderations, by these presents, does granl, baryain, sell, remiu, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piete or parcel of land, sit~ate, lying, and beinp in the County of $t• L~1C~6 and State of Flwid~, dewibed aa fdlaws: s ~ot 18, Block 257, PORT S7. LUCIB S~CTION 24, according to the Plat thereof recorded ~ 4 in Plat Book 13 at Page 31~ Pnblic Records of St. Lucie County~ Rlorida~ i ~ ! M STATE FLORfDA ~ ' DOCUMENTARY~`:~ STI+M P T n a. ~ ` ~ i REYENUf ~r' ~ ~ ~ : c-' UEPi.O . ~ ~ € ~ - - ~~T 3-'T3 ~i. ' . ~ - 'i 7 0 ~ ?.B. ~ e ~ ' ~ ~ ~ o _ 11102 ~ i ¢ _ ~ 1N PAYMEI't~ OF TAXE~ = RfCE1YfD IN7AN61BLE PERSONAI PitOPERn. ~ ~~~S 7ER 71-13~. II~TS 0~ 1~71.,,,~~ ~ pURSIW~t 70 ~ ~1TRI~S ~~7~- ~ RT. Si. LUCIE C~.. ~ ~RK CIRCU~T 0~ ~ ~ togNher with all and singulsr the tenements, F~ereditaments and appur~ances thereunto belo~ging w in anywise ~ppertsining thereto, and all rents, iuues, ~ proceeds and prof~ts accruing and to accrue from said premises, all of which a~e included in the above and foregoirg dewiptwn and habendum. ~ TO HAVE ANO TO HOID the sbove desuibed and granted premises unto the said MORTGAGEE, its wccessors and auig~s fwever. Md ti» s~id ' MORTGAGOR fw ~~~s. executas, administrators and assigns, hereby covenants with fhe said MORTGAGEE, its succeasws and auipra, ~ rhat lawfully se~zed of the said premises in fee :imple; that the same are frae, clear ~nd discharged from all lien~ ~nd ~ncum- ~ brances in law or in equity, and that they will and th@iY heiri ~hall warraM and defend the title fo the sam~ to fhe said = MORTGAGEE, its successors and assigns, forever against the lawtul ciaims and demands of all persona; ' PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note haeinbefore deuribed end thall truly, prompNy ~ and fully perform, diuharge, execute, compkte, comply wi~h and abide by each and every the stipulations, eyreemenis, tonditions ~nd covenann of said promisswy note and of this Mortgsge, then this Mostgsgc and the Estate hereby aested thall cease and be null a~d void. IT IS UNOERSTOOD ti~st the wwd "Mortgagor" wFxther in the singular a plural anywhere in this Mortgsye, shall be sinyular if one ooly and _ shall be plural jointly and severally if more tha~ one, and that the wwd "their" ai vsed anywhere in fhis Nbrtg+ge ahall be taken to mean "his;' "hen," or "its," wherever the conte:t w implin or admits. Also, that wherever there is a roference in the covenants and ayreemenri herein contained to any of ~ the p~?tie~ hereto, the ssme ahall be constrved to mean as welL as the heirs, legal representstives, tucusson and suigns (either voluntary by att of tM - parties or involuntary by opera'ion of the law) of the ssme a~d that the covenants herein cont~ined sMlt bind and the benefit~ and advantayes inur~ ro the respettive heirs, IeQsl reprexntatives, successors and ass~gns of the parties hereto. And said Mortgagors, fw themselves and their heirt, legal rep~esentatives, successon ~nd as~igns, hereby jointly snd uverally covenant a~d ~yree - ~o and with the said MORTGAGEE, its svccessws and assigns: - y i. To pay all end singular the princip~l and interest a~d the vario~s and sundry sums of money payable by virtue of said promisswy ~ote, and thi~ '•5 mwtgage, each and every, promptly o~ the days respeNively the same sewrally bccome d~e. ~ 2. To pay +II +nd i~ngular the taxes, assessments, levics, lisbititia, obligations and enc~mbnnces of every nature snd kind now on said dewibed } ~ ?roperty, o~ that hereafter may be impoted, suffered, plxed, levied, or assesud thereon, w tMt hereafte~ may be levied w asieued upon This Mor1¢ age, w the indebtedness secured hereby, esch and every, when due ~nd paysble, according to I~w, befwe they become delinquent, and befae ~ny inte~est anaches or a~y penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt 8E PROMPTLY SATISfIED AND DISGHARGEO OF RECORU ANO THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSE~ ~ OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX~ AFTER PAYMENT; and in the event'that any thereof is not - paid, sat sfied and dischsrged sa:d MORTGAGEE may at any time pay the sjme or any par? tFxreof without wsiving w affetting sny option, lien, equity p ~~qht under or by virtue of this mortgage and the full amount of each and every svch psyment shal) bt immediately due and payable and shall bear i~tertst ~ ~rom the date thereof until pa~d ~t rate of nine per centum per annum and together wfth such interett shall be sewred by the lien of th:s morpbye. ~ aooK219 ~~f ~0? _ _ _ __n~,_~.~