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Home My WebLink About1441 26'7638 ~ THIS INDENTURE, Made the_ 1St day of November A.D. 19____~, between David J. L~rson, a sinc~le adult , of St. Lueie ~p~~~y fior~da, he~einat~e? des~gnared as the "MORTGAGOR." and jIRSi iEDERAt SAVIr~GS AND tC~AN ASS^CIATION OF fORT PIERCE, a corporation organized and ex~siing under the laws of Ihe Un~ted Sfa~as of America and having ifs prin: ~pal place of business i~ the City of iort Pierce, St, lucie County, Flor:da, hereinaftar designated at the "MORiGAGEE:' WHEREAS the MORTGAGOR is justly inJebted to the MORTGAGEE in the sum of 5---~~~~_aQQ guo; a~c` leaful mone; of the Un.ted S~stes advanced by the /d~RT'vAG:E uneo the MORtGAGOR, as evidanted by a certain pronuisory note of even da~e h~rewrth, of wh:cn t`:e foilow~~~~ in ,nords and f~gures is a true .epy, to.vit: s 13.500.00 ~0 10020514 Fort Piarca, florida, _ HOVf:~Je! Z 1973^ for vatue rece~ved, 1, v,e or e~ther of us, prom;se ro pay, without defa'c~r~or~, ro the order of FIRST FEQERAL SAVINGS AND LUAN ASSQCIAT10~1 OF fORT PIERCE at Fwf Pirrce, FiorJda, the sum bf S__~3~~Ot~__-_._ ~;.~-h in!ereu (rom date at the rate of .9.5 0o per an~ium, in monthly i:utalt- r~~e~~ts as fof!ows: S-- 126.0~ on the ~Oth day of ~CCIOber ~9_73_ and a Gke sum on the correspond~ng day of each month there- a.'ter unfil the who!e be fuily pa~d. Each instatl~~ent first shatl be app!ied in payment of the interest and tl~en o~ 1he unpaid batance o( the princ~pal sum. If default is made in the ' pa~menf Of any ~nstaltrneot whrrt due, and such defauU com~nues 30 days, the~ at the opt~on of the hofder, and without any otner not~ce, aN the remain~ng ;~utaliments shall be d~e and payab.e at once. Privilege is c~iven to prepay Ihis note 7n whole or in part at any time without penalty. NeitF~er fo~ebearance, r.or acceptance by the hotdc~ thereof after any drfauit in any payments hereon, shall be deemed extension. A late -~aymem charge oi S-- 6! 30 sha!! be ~dded to each instaitment remaining unpa~d 7 days af?er its due date, and a l;ke sum shail be addrd to each such instaliment remaining unpaid 7 days after each succeeding payn:ent date. Each maker, surety and endorser hereof, join~ly and severally, waives demar.d, presentment protest and notice of protest for nonpayment, and further a~rees to any extension of time of payment, either brtore or after mawr~ry, we±ho~~ nor;ce to any of us; and to pay all costs of collection, indud!ng a n•asonabie attomey's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and exemption under the constitulion ±•.d laws of each State of the United States, as against this obligation or any exteni~on or renewat hereof. Witness thr hand and seal of each party. s/ David J. Larson. a sinql~E~ult (SEAI) (SEAI) 20 2 S (SEnI) i- $ • ) State Revenue ~~~0~~ ~ ~1~.7'_0~~ NOW, THEREFORE, the MORTGAGpR for the purpose of securing payment of sald sum of S 13 ~ 5~.~ and the performance of 1he covenc.~ts and agreements hereinafter express~d, and fw divers good and valuabte conside~ations, by these presents, dces grant, bargain, sett, remise, ralease, cenvey and confir unto the ORTGAGEE, :ts successors and ass~gns, all that ce~tain lot, piece or partel of land, situate, lying, and being in the Coun of L~~@ h~ ~t ~ and State of Fiorida, described es follows: Lot 8, Block 26, Pl~tti~OU SLBDIVISipN, accordin~~ to the plat thereof zecorded in Plat Eiook 5, Pac~e 24, of the Public Rec~rcis of St. Lucie County, Florida, N S AT E ~ ~ F i,._ ~ ~c : ~ ! ~ ~ ~ ~p PI1~f MEt~(~ OF TI~ES oZ ~ DO~UMFNTARY~::;~STAMP I fi~~ INTI1NG18lEPE~~~~~~~ DE?i. Uf kEV~wut i;f ~ ~ pl1E ~ ~0 ~ptER 71•13~. ~s~f~~s.~ , - - PB. = itJY-~ 73 ~i:~~} ~ - 2 0. 2 5 ~ P„~"""T ~'j ~?f ~o, j o = ~r~oz ;s _ f ~ ~~~t ap~?RT~ S i F f t together with all and singutar the tenements, hereditaments and appurtances thereunto befwging or in anywise appertaining thereto, and ail renr~, issves. ~ proceeds and profits accruing and to accrue from said premises, alt of which are included in the above snd foregoi~g desuiption and habendum. TO HAVE AND TO HOLD the above desaibed and granted premises unto the said MORTGAGEE, its successors and auigns forever. And the ssid ~ :^ORTGAGOR for ---h1S------ heirs, executors, adm~nistrators and assigns, Fxreby covenants with the said MORTGAGEE, its successors and sssigns, +hat - he_15____- lawfully seized of the said premises in fee simpie; that the sam! are f?ee, clear and discharged from all liens and encurrti brances in law or in equ~ty, and tnat ~e will and h15 heirs shall warrant and defend the title to the aame to the ssid 'MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of sll persons; PRC}VIDED, ALWAYS that if the MORTGAGOR ~hall pay unto thr MORTGAGEE the promiuory note hereinl+efore described ar~d ahall truly, promptly and ful!y pe:form, dixharge, execute, tomplete, comply with and ab;de by each and every the ftipulations, agreements, tonditions and covenantf of said promissory note and of this Nbrtgage, then this Mwtgage and the Estate hereby created sha!! cease a~d be null and void. IT IS UNOERSTOpO that the wwd "Mortgagor" whether irt the s~ngular or plura! 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 snywhere i~ this Nbrtgage shall be taken to mean "his," "hers," ; or "its;' wherever the co~tezt so implies or admits. Also, that wherever there is a refe?ence in the covtnants and agr~emen?t he~ein tontaen~d to any of ! she pa.tie~ hereto, !he same shaU be construed to mean as weli as the heirs, legal representatives, successws and auigru (eithe~ voluntary by act of the : parties or involuntary by operation of the law) of the same a~d that the covenants herein contained shatl bind and the benefits and adva~tages inure ~ ! ro the respective heirs, legal represenratives, successon and as~~gns of rhe part;es hereto. And said Mortgagors, fw themselves and thei~ heirs, legal represe~tatives, successors and assigns, hereby jointly and severally covensnt and sgree ~ ~o and with the said MORTGAGEE, its tuccessors and assigns: 1. To atl and si pay ng~lar the principal and interest and the various and sundry sums of mo~ey payable by virtue of said promissory noTe, and this L morfgage, each and every, promptly on ihe days rtspectivety the same severaUy become due. a ~ 2. To pay etl and sirgula. the taxes, asiessments, levies, I~abilit~e~, obl~gations and encumbrances of every nature and kind now on said described ~ property, w that hcreafter may be imposed, suffered, placed, levied, or assessed thereon, a that hereafter may be levied w sssessed upon this Mwtg- age, or the indebtedness secured he~eby, each and every, when due and payable, xcording to law, before they become delinquent, and befo?e any interest p~~ arrathes or any penally is irtcurred; ANU INSOFAR AS ANY THEREOF IS Of RKORD :HE SAME SHAII BE PROMPTLY SATISFIED AND UISCHARGED OF ; RECORD AND THE ORIGIIvAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANGE, THE TAX RECEfPT OR THE SATISfACT10N PAPER OFFICIAtIY ENDORSEa p~p ' OR CER7IFIEDJ SHAiI 8E PLACED !N 1HE HANDS Of SAID MORTGAGEE WITHIN 1EN DAYS NFXT AFTER PAYMENT; and i~ the event that any thereof is ~ot O ~ aid, saYsfied a~d disthar ed sa'd MORTGAGEE ma at an t~me ~ : P g y y pay the aame o~ any part 1Fwreo( withouf waiving or affecting any option, lien, equi or •~qht under or by virtue of this mortgage and the f~li amoum of each and eve~y such payment shall be immediately due and payable and shall bear interest ! ~rom the date thereof untit paid ar ra~e of n~ne per cent~m per annum and togethe. w~th such iMerest shall be sec~red by the lien of th:s morgtage.