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Home My WebLink About0412 266900 ~ THIS iNDENTURE. Made ihe 23rd day os _~tober ^ " A.b. iv_73 , betwecn Sherioan G. Futch and Rachel Futch. his wife ~ _ ` of - St . L.l1C1Q C~nty Fiorida, hereinafler designaTed as the "MORTGAGOR." and FtRS~ FEDERAL SAVINGS AND IOAN ASSpCIATION OF FOR( PIERCE, a cor~orat:o~ orga~i:ed and ex~ating unde~ the laws of the Un~ted Statai of America and having its principaf p1a;e o~ businesf in the City of fort Pierce, St. lucie County, florida, Aereinafter des~gnated as ihe "MORiGAGEE:' WHEREAS the MORTGAGOR Fs ju~dy indebred to the MORTGAGEE in the sum of s_ 1 S s~0 good a~d lawiut money of the Un,ted States advanced by the IAORLGAGEE unto the h10kTGAGOR, as evit!r~ic~d by a certa~n prom~sswy note of even date hero~~ih, of wh~ch the foi;ow~~~g in nords and figures is a true copy, to-wit: s IS 000.00 N, 10020509 Fort Pierce, Flwida, ~tAhe=' 2~~ 19 73 fw value received, 1, we or either of us, prom~se to pay, without deialcat:on, to ~he order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIAT10~1 OF FpRT PIERCE af Fort Pierce, Flor~da, the sum of j_ 15i.~~Q_:~___ w;th int,:rest irom datc at the tate of~~°o per anm~r, ~r ma~~thty instalf- ~ne~.~s as fot:ows: S 138• on the 2Oth day of Februazy_ . 19 _ 7d and a I~ke sum on the co~respond~ng day ef ~~cn m~nth if~ere- at~er umil r6e whole be fully pafd. Eath insrallmenf first shaN be appGed in paymenl of ?he infe~est and then on the unpa~d balance of the princ;pal s~m. If defa~h n made me payment of any instaliment when due, and such defauh com~nues 30 days, then at the option of the hoider, and without an; o~he~ ~~tice, all :ne rema~~iry ~~~stallments ahall be due and payabie af once. Privilege is given to prepay this note in whote or in part at any time witho~~ pe~alty. Nei~her fwebear~nct, nor acceptance by the ho~de~ the~eof a(ter any deFault in any payments l~e~eon, shap be deemed exsension. A lare payment cfierge ot S~L.4~-, sha~~ bo ~dded to each installment remain~ng unpa~d 7 days after its dua date, and a i~ke sum shall be added to each such inftaflment remaining :•npaid ~ days aft:r eacfi avcceeding payment e+jte. Each maker, svre~y and endorser hereof, jo~nt~y and severally, waives drmand, presentment protest and notice of protest for no~payment, ~n~ fu•ther agrees fo any extension of tir.~e of payment, eithe~ before or a(ter maturi~y, wi~hout notice to any of us; and to pay all costs o9 collect~on, inci:,d,~g a re.,sonable atrorncy's fee in the event of any dafau:t hereunde?, and hereby se~crally waives all benefit of homestead and exemption urdet ~7~s constitution a~,d ~aws of each Stare of the Uni~ed Stares, as aga;nst this obGgation or any extens~on or renewal hereof. W~fness 'he hand and seaS of each party. (SEAL) /s/ Sherman G. ~tch (SEAU (SEAI) S22 ) State Revenue _ I5~ RaChE~ FUtCt1 ~SFq~) ~MR1p4'~IKCIIld' O~T"0/19R7d~ T01l~ NOW, THEREFpRE, ~he MORTGAGOR for tfie ur ~ 5 s 0~ p pose of secu~+ng payment of said sum of = , a~d the pe~formartce of the covenants and agreements hereinafrer expreszed, and (or d~vers good and valuabfe considerat~ons, by these presents, dces grant, bargain, sell, rem;se, release, convey and confirm unto the MQRiGAGE~, its successor~ and assigns, all that certain 101, piece w parctl of land, iituate, lying, and being in the County of St 11C1E ~ and State of Fbrida, desaibed as follows: The 'V~ of Lot 90 of WF~ITE CITY SU8DIVISION, as per p2at thereof on file in plat Book 1, at page 23, of the public zecords of St. Lucie County, ~lorida, being more particularly described as follows: Begin at the North- east corner of said Lot 90 and run Sonth along the East line of said Lot 9~. 333.45 feet to a point; thence turn and run West 628.27 feet to the East right-of-way line of Selvitz Road; thence turn and run North along the East zight-of-pay line of Selvitz Road, 333.73 feet to the North line of said I.ot 90; ther~ce turn and run East along the said Nortfi line, 628.34 feet to the point of beginning of the tract herein described~/ ~ STAT~ F~J R i J_.'= ~ . DOCUMEPfIARY~!~`:.;~ SI~4 N~ P Y+~ i~ ~ 1~ ` • aEP?. l;F hEtiEt~ilk F~' . ~ ~ Rf~.I~ ~ iN P~~~ ~ n - = OCi 25'7~ , ~ IN7NtG1ELE ~ ~ ~c ~ = ea. ' ~ Z. 5 0 t p~u~ a~ ~ ~t•t3~. ~S ~ ~tr?. =i+oa2 ~ PI~ t~ ~(',ER p11Mt ~ . . . . ~~R1t Ct11W1~ DOURT. Si. I.ti~1E ~ ~ together wiih sll and singular the tenements, he~edirameNS and appurtsrtces thereuMO bdonging or in anywiu appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from said prem~ses, all of whfch are included in the above and foregoing description and habendum. TO HAYE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its sutcessors and sssigns forever, And the said h10RTGAGOR for - thel r-_-- he;rs, execvtors, administrato.s and assigns, hereby covenants with 1F~e said MORiGAGEE, its successws snd assigm, ,,,,t th_ey_ a re _~dWt„n,, seized of the said premius in fee simple; Ihat the same a?e free, ciear and discharged from all lieru and enc~m- brsnces in law or in equ~~y, and.that they W;~~ and Lhelr heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, foreve~ against the lawful claims and demands of all perso~s; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and shsll truly, promptly and fulty perform, discharge, execute, complete, tomply with and abide by each and every the stipulafions, agreements, conditions and tovenants of said ' prom~ssory note and of th~s Mortgage, then this Mertgage and the Estate hereby created shall cesse a~d be null snd void. IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular w plural anywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severally if mwe than one, and that the wwd "their" as used anywf~ere in this Mortgage shatl be taken to mean "his;' "hers," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreementa herein contained to any of the panies hereto, the same shall be construed to mea~ as well as the heirs, legal representatives, s~ccessors and assigns (eilher voluntary by sct of the oarties or involuntary by operatien oi the law) of the same and that the covenants herein contained shaU bind snd )he benefits and advanlages inure to the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themsetves a~d their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay afl and s~ngutar the prinupal a~d interest and the varlous and sundry sums of money payable by virtue of said promissory note, and this rnortgage, each and every, promptly on the days respettively the same uverafly become due. 2. To pay all and s~~gular the ta:es, assessments, lev~es, Ifabilities, obligations and encumbrances of every nature and kind now on iaid described p~operty, or that hereafter msy be imposed, suffered, placed, fevied, or assessed thereon, or fhat hereafter may be levied a assessed upon this Mortg- age, a the indebtedness secvred hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interest attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF i5 OF RECORU THE SAME SHAII BE PROMPTI'f SAitSfIED ANO DISCNARGED OF RECORD AtYD THE ORIGtNA! OFFlCtAI DOCUMENT 45UCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SAT{SFACTION PAPER OFFICIAIIY fNDORSED OR CERTIFIED) SHAII BE PIACED 1N THE HANDS OF SA{D MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and in the event that any thereof is ~ot Faid. sat"afied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affect;ng any option, lien, equity or •~qht under or by virtue of this mo•tgage and the full amou~t of each and every su<h payment shall be immediately due and payable and shall bear interest ~rpm ~he date ?hereof until pa~d at rare of nlne pe~ centum per annum and together wnh such intereOstRhall be secu~ed by the lien of th:s morgtage. _ ~oo~ 220 ~E 4i2 _ ~ _ ~ - ~ _ . .~T;