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Home My WebLink About2233 . ~ . • . • . , zssoss TNIS INDENTURE. Madt ths- Sth day of n['•~Qt?@r - A.D. 19~~ be~wean r Milford I., Rod4ers and Dorothv L. Rodaers, }~is wife of St• LuCiQ County Flwida, hereinafter des'gnared as ~he "MORTGAGOR;' and FIRST FEUERAL SAVINGS AND IOAN AS50~IATION OF fORT PIERCE, a co.pa~tion oryanized and axisti~g ~nder the I~wt of the United S1a~~s of America ~nd MvinQ its principal pla:e of butine~s in the Ciry of FoA pierc~, S?. lucie Govnty, Flwida, he~eina(ter dee:pnated as th~ "MORTGAGEE:' WHEREAS ~he MORTGAGOR is justly indebted lo tha MORTGAGEE in the sum of s~~ D~.y..~0 good and Iawful mor~ey of the Un!ted Sta~es advanced by the MORTGAGEE unto ~he MORTGAGOR, as evidenced by ~ certai~ promissory no~e of even dare herew~th, of wh~ch the (oltowin~ in F- i oydl ,nd~jQ.r¢~,j~ a true co G1 V V VV pY• ~o-~xit: 1~020d75 . No fon Pierce. Flaids. _.__.~'~iObBr' S 19 73 ` For vatue received, 1, wr or either of us, prom~sr to pay, without defalcation, Io the order of i1R5T fEDiRAI SAVINGS AND LOAlV ASSOCIATIO,1 Of ~ ~ORT PIERCE at Fort Pierce, Florida, the sum of $?1~~00~~ _,w1rh interest (rom date at the rate of 925Db pe? annum, in monthly install- ' •~~e~ts as fol!ows: S 18~•~ 20th day oF February ~974 _ and a like sum oa the corresponding d~y of each month thcrr afrer ~ntfl tne w6ote be futly paid. ~ Each installme~t first shaN be appl~ed in payment of the interest and then on the unpaid balance of the prinupal sum. If default is made in tM ~ ,:a~menl of any instaftmero when due, and such default continues 30 days, then at ~he option oi the lalder, and witha~t a~y othe~ notice, atl the remaining ' ,~istallments shail be due and payab:e at once. Privilege is given to prepay this note in whole or in put at any t~me without penalty. Nei~her forebeara~ce, nor acceptance by the hoider thereof after any default in any payments hereon, shaU be deemed extension. A late payment charge of 59~~ , shall be , rdded to each installment remaining unpa~d 7 days after its due date, and a like sum shall be addad to each such installment remaining unpaid 7 days after each sucteeding paym.ent data. Each make~, surety and endorser hereol, jointfy and severally, waives demand, presen~menf protest and notice of protest fw nonpayment, and iurther ' agiees to any extens~o~ of t;me of paymcnt, either before w after matur~~y, wirF~o~,t rtot~ce to any of us; and ro pay all costs of collection, indud~ng a \ reasonabte atrorney's fee in the event of any defau~t hereunder, and hereby saverally waives atl benefit of homestead and exemption under the constitufioo a~id laws of each Srate of the Un;red Stetes, ns against this obligatioo or any extension or renewal hereof. Witness the hand and seal of each party. ~ (SEAI) , s ' ford L. Rod er ~aiy • aU $31.50 r4 L_ 1 State Revcnue ~StURIpltflf!lNIt~CR•a~ifMr TIOt~ • NOW, THEREFORE, the MORTGAGOR for the purpox of securing psyment of said aum of = 21 a~d fhe performence of the cevenanls and agreements hereinafter exp~essed, and tor divers good and veluable conside~ations, by these presents, dces grant, bargain, sell, remise, re~ease, convey and confirm unto the MORTGAGEE, its auccesson a~d ass~gns, atl that certain lof, piece or parcel of land, situate, lying, and being in the County of St . Luc ie a~d Sute of Fbrida, desuibed ~s follows: Lot 6, Block 3226, POR'r S?. LUCIfi FIARBSTA PINES UNIT II, according to the Plat thereof recorded in Plat Book 16, Page 37, Public RecoYds of St. Lucie County, Florida; ~TATE ~1._..~F?; J'~~ 1 `J DC?tUMfhTARY;s"=-„ Sj~ M P ~;1 I °c~ ~ DEP'~Or REYENUE''s"'~ 3':r ~;.r~6•~3~: ~ 3 I. 5 0 I m - es. ' . a = ?~~~z ~ ~ RECEIYfD ~...,..1L---.- IN PAl?F1ENi OF TAXE" ~UE pN CUISS C INTMtG18LE PERSQt~l4l PP.OPER'IY, P;1PStJAHT TO CHAPTER 71-13/. IkCTS OF 1911. ROGEit POIIRAS ~ CtERK CIRCilIT COUKT, S!. WC~E 00., FUL rogerher w;th all and singular 1he tenements, he~edilaments and appurta~ces thereunto belonging or in an~rwise appertsinir?g thereto, and all rents, iuues, pr«eeds and profits accru~ng arx! to accrue from said premises, all ot which are inctuded in the above and faegang description and f?abendum. TO HAVE AND TO HOID the above destribed and granted premises uMO the said MORTGAGEE, it~ sutcessors and assgns iweve~. And the ssid their MORTGAGOR fw heirs, executora, administrators and assigns, hereby covenanta with the said MORTGAGEf, its tuccessor~ srid ~siigra, ~haf the c1Y@ _ Iawfufly seized of the u~d p~emius in fee simple; that ihe same are free, ckar and dixharged from all liens and e~cvm- brances in law or in equity, and that they W~~~ a~d thelY _ heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, fo~ever against the lawfu) claims and demands of slt persons; PROVIDED, AIWAYS that if the MORTGAGOR shall psy unro the MORTGAGEE the promissory note hereinbefwe dexribed and shsll truly, promptly and fully periorm, dixharge, execute, complete, compty wi?h and ab~de by each a~ every tirc stipulations, agreements, conditions and tovenanri of s~id prom~ssory note and of this Mwtgage, then this Mortgage and the Estate hereby cre~ted shall cesse and be null and void. IT IS UNDERSTO00 thst the word "Mo?tgagor" whetF~er in tF~e singular or plural snywhere in this Nlortgage, shall be singulu if one only and sfiall be plural joimly and severally if more shan orx, and that the word "their" ss used ~nywhere in thi~ Morrgage sF~s11 be taken to mesn "bif;' "hers,° ~ ar "iti," whererer the context w implies w admits. Also, that wherever ti~ere is • reference in the covenants ~nd agreements Furein contained to a~y of ~ ~he parties hereto, the same shall be construed to mean as well as the heiis, legal represe~tstives, wuesso?s and ~ssign~ (either-votu~tsry by sct of the parties or involuntery by operation of the law) of the same and that the covenants herein <ont~inad sh~ll bind and the benefits and advants9es inure fo the respective heirs, legal representatives, successws and au'gns of the parties hereto. ~ ~ And said Mortgsgors, fw themsclves and their heirs, legal representatives, successors and auigns, Fxreby jointly and several(y covenant and agree ~ ' to and with the said !{M3RTGAGff, iis successws and assigns: 1. To pay al! and singular the pri~cipal and inrerest and the vario~s snd sundry sums of money payable by virtue of said promissory note, and this m~rtgage, eath and every, promptly o~ the days respectively the ssme severally become due. /~w . i VJ 2. To pay all and ~ingular the taxes, assessments, levies, liabilities, obligations and encumbranca of every nature and 4ind now on said dewibed ` properfy, or that he~eafter ma be im y posed, suffered, placed, levied, or suessed thrreon, or thai F~ere~fter may be levied o~ aseued upon this Mort9- . age, a the indebtedness secured hereby, each and every, when dve and payable, according to law, before they become delinquent, ~nd before •ny interest ~ atraches or any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALt 8f PROMPiIY $ATISfIfD AYD DlSCHARGED OF RECORD AND THE ORIGIf~iAt OFFICIAI D~CUMENT 1SUCH AS, iOR INSTANCE, TNE TAX RECEIPi OR THE SATISFACTION PAPER OFf~C1ALlY ENDORSED O~o OR CERTIf1ED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any tF~ereof is not paid, sat"sfied and discharged sa d MORTGAGEE may at any time pay fhe same w any part thereof without weiving or affecteng ~ny o~tiort, lien, equity a ~~aht under w by virtue of this mortgage and the full amount of each ar+d every iuch payment shall be immediately due and payable and shall bear interest ~~om the date ~hereol uMil paid at rate of nme per tentum per annvm and together w~th such interest shall be secured by the Iren of th:i mpr9NQe. ~ . ~ ~ - - _ , . . ~~ti..?~?~