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Home My WebLink About1445 2Ei~6~}~ THIS INDENiURE. Made ~he~~~l_- day of _ (~c~tnhPr A.D.'19_ bc~.veen George L. Kerr and I~rraine Iei. Kerr} hi s w~ f.P _ - af +St' i-Ll(~3.Q County Flwida, hereinaFter des~~~ate~ es the "A10RTGAGOR." and itRST FE~ER~.1 SAYINGS AND IOAN ASSO~IqTlON OF fORT PIERCE, a corp~af,on organized and e:isting under the iaws o~ the Unlted SrafQt of America and hsving its princ;pal place of bus~ness i~ ths City of Fort Pierce, St. tucie Coun+y, Fbrida, hereinaiter des~gnated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is jusNy indebted to 1he MORTGAGEE in Ihc sum of a__.~Q~_QQn _ n~__- gcod ard lawf~l mor,ey of thr Un;tc~' S+ates advan<ed by the M.ORTGAGEE unto the h!ORIGAGOR, as ev~d~•nc~d by a certa~n premissory note of rYen date he~e,~vdh, of wh:d~ ihr iollow~nq in words and figures is a true copy, to-wil: s 30 , 000 . 00 r,o- 100 0502 iorf Pierce, florida, Oet~be~ 16 ~1q_Z~ ~ ior value received, I, we ot e~ther of us, prom~se to pay, without defaicar:on, to the ord<r of FlRST iEDfRAI SAVINGS AND LOAN ASSOCIATIOV OF FORT PIERCE at Fort Pierce, Florida, the sum of s~Q}.41LQ as!\G,_-_ w;th In:~ves~ from date at the rate of _Z~~ pe? annum, in monthly ~nssall- ~ ~~ents es Fol!ows: S_~L~~]z~! on the 2Othday of _ ~''ebruary, ~4 74 _ and a like wm on the correspond~ng day of exh month ~here- .+frer ~ntil the whole be iully paid. Each i~stallment first shall be applird in payment of the interest and ti~en on the unpaid balance of the princ~pal sum. li de(au~t is made in the ~ ~yment of any instatimenr when due, and such default con~inues 30 days, then at the option of the holder, and ~~~ithout any other nutice, all the remain;ng :~~sraliments shail be due and payabte at once. Privilege is given to pcepay this note in whole or in pa?t at any t~me without penatty. Ne~ther forebearance, r nor acceptante by the hoider thereof after any default in any paymeros hereon, shall be dermed extension, A tate payment charge o( S-~.~Sshali pe added to ezth instalimero remaining unpa~d 7 dayi after its due datr, and a IiAe svm shall be adJ~d to each such installment rema~ning unpaid 7 days after rach succeed~ng paymem dare. Each maker, surety and endorser hereof, jointly and seve~ally, warves demand, pres~ntment p~ote:t and r.ot;ce of protest for nonpaymant, and further agrees to any extension of t~me oE payment, either bcafore or after mafur~ry, vvithc~t nor~ce to an~ of ~s; and ro pay all casts of co!lec~ion, irdud'~g a n~asonable attomey's fee in the event of any defauh hereundrr, and hereby severally waives a!1 benefit of homes~cad and exempt~on under the constitution ~ ~:,d laws of rach State of the United Srates, as aga~nst this obLgation w any e~cteniion or renewal hereof, Witness ihe hand and seat of each party. (SEAI) ~ ~~P(1 gP 1.. KPrr (SEAI) ~ (SEAI) ~g,./Lc~rrai np W Kerr (SEAI) t_- ~~FS _0~ 1 State Revenue f5++~wp~ ~awwtiei «~-«i~iwai.wok) NOW, •1HEREFpRE, the MORTGAGOR for the purpose of securing payment of said sum of S, 30 n~~ - and the performar.~e of the covenants and agreeme~ta hereinafter expressed, and for divers good and valvable tonsid~rations, by iiwae presents, dces grant, barga~n, setl, rem;se, re!ease, convey and confirm unta the MORTGAGEE, ifs successors aod ass+gns, all ?hat certain lot, piece w parcel of {and, situate, lying, and being in Ihe Couoty of - St _ . 1 ~ p , end Sfatt of Florida, desuibed as follows: Lot 1, Block 3227, PORT ST. LUCIE FLORESTA PINES UNIT 2, according t~ the Plat thereof recorded in Plat Book 16, at Page 37, Public Records of St. Luc ie County , Flori da ~ s--~~-r~ ~ ~LD~',DAt K DO~~lMEN1ARY{:"~~`:~.S1t~MF ~l:? I `r' DEPT. ~F i!EVE'tiUF ..-~c~~~~~i.. ~ 0 ~ x ~ e, _ _~wv ta .~--~.,-,.r ~ 4 5. i ~ - ~PB2 ' Of ~hriES o / „y.' ~t rtsopER?r. NED s-~ ~ ~,~Af~G14~E ~EA~S l. RECE p1fE ON j~t0 ~pPiER 71-~~~s .....5' i PUR~ 1 ~~~sj~ WC1f ' ~c Cl~ ; E i f rogether with all and singular thr tenements, hereditaments and appurtances thereunto belongirg ot in anywix appertaining thereto, a~d all re~rs, iuues, E p~oceeds and pro(its accruing ared to accrue from said premises, a!! of which are included in the above and foregoing description and habendum. TO HAVE AND TO HOlO 1he above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said r.!ORTGAGOR fw - thP~ T'---- he~rs, executors, administrators and ass~gns, hereby covenants with the ssid MORTGAGfE, its s~ccessws and auignf, rhat --~e~T-s~~- lawf~lly seized of the said premises in fee simple; that the ume are free, clear and discharged from all liens snd entum- brances in law or in equity, and that._~_ will and thei r hein shall warrant and defend ~he title to the ssme to the said N,ORTGAGEE, its successors and ass~gns, fwever aga~nst the lawiul cfaims and dema~ds of a!! persons; PROVIDED, ALWAYS that if the MORiGAGOR shaN pay unto the MORTGAGEE the promissory rate hereinbefore deuribed and shall truly, oromptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenanb of said promisswy note and of this Mortqage, then this Mortgage and the Estate hereby created shall tease and be null and roid. A 1 iir ~i IT IS UNDERSTOOD that the word "Mortgagw" whether in the s~ngular w plu+a! anywhere in this Mortgage, shall be singular if one on~y and•~ shall be plural jointly and severally if more than one, and that the word "the~r" as used anywhere in this Mortgage shall 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 ag~temen~s herein cantained to any of tne pa~ties hereto, the same shall be construed to mean as well as the heirs, legal rep+esentatives, successors a~d assigns (either voluntary by act of the ~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits a~d advantage~ inure ~ ro fhe respective heirs, legal representatives, successors and ass~gns of the partie~ herelo. p~ Anci said M.ortgagors, for themselves and theer heirs, legal represenratives, successors and assigns, hereby joimly and severally tovenant and agcee Q : to and wirh the said MORTGAGEE, its su:cessws and assigns: E 1. To pay all and singular the prirxipal and interest and the various and sundry sums of money payable by virtue of said promiasory note, and this ~ mortgage, each and every, promptly on the days respectively the same severaNy become due. ~ 2. To pay all and singutar rhe taxes, assessments, levies, liabilifies, obligations and entumbrances of every nature and kind now on said dexribed ' property, w that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be Ievied or assessed vpon thii Mottg- ~m age, or the indebtedness secured hereby, each and every, when due s~d payable, according fo law, betore they become detinquent, end befwe any interest atraches or any penalty is i~curred; AND INSOFAR AS ANY THEREOF IS Of RECORO TNE SAME SHAII 8E PROMPTLY SAiI$FIED AYD DISCHARGED OF RECORO AND THE ORIGIhAt OFfICIAI DOCUMENi ISUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE $ATISFAC~ION PAPER OFFtCIALtY ENDORSED _ OR CfRTIFIED) SHAtL Bf PLACED !N THf NANDS OF SA10 MORTGAGEE WITNIN 1EN DAYS NEXT AfTER PAYMENI; and in the event /F.at any thereof is not ;:a~d, sat stied and di:charged sa.d MORTGAGEE may at any hme pay the same or any parr thereof without waiving or affecting any option, lien, equity or •~~ht under or by v~rtue of this mortgage and the f~ll amo~nt of each and every such payme~~ shaN be immediately due and payable and shall bear interest ~~om the date thereof until pa~d ar rare of n~ne per centum pei annum and togethe~ w~th such interest shall be secured by the lien of th's mo~gtage. I ' . - . . . . . . > ~ ~ . . ~ . . , . . . . . ' _ i~.'. . , w.Y