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Home My WebLink About2178 26811 S ~ ' THIS INDENiURE. Madt the ist day of Novesbet q,p, )9 73 betvveen John V. Mingo, Sr and Masie T. Minqq, h~.s wife _ _ , 4 , of St. WCie County Flo~ida, hereinat~e? deignated at the "MORTGAGOR," a~d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpwation wganized and exiiting under the laws of tAe United St~tas of America and havir~ it~ principal p1~te of busineu in the City of Fort Pierce, St. lucie County, Florida, hereinafter designated as 1he "MORiGAGEE:' WHEREAS ths MORTGAGOR is justly indebted to ths MORiGAGEE in tF+e sum oi S 14 good and lawfu! money of the Un+ted Srates advanced by lhe MORTGAGfE unto the MORiGAGOR, as evidenc~d by a cer~a~n promissory nete of even date herewith, of wh:ch ihe following in words •nd figures is s true copy, to-wil: S 14.000.00 N, 10020512 Fort Pierce, ilorida, NOV6l~@! 1~ ~q 73 ~ for value received, I, we w either of us, promise to pay, without defalcar~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIAiION OF FORT PIERCE at Forf Pierce, Fiarida, the sum of i 1'4 - w,th interest from date et the rote of9 • 25 :/o p~~ annum, in moMhly ins~all- ~+~ents as follows: S 129 on the ZOth day of ~Cember _ ~q 73 and a like sum on the cwrespond~ng day of each month there- afrer un~il the whole be fully paid. ~ Eath installment first shall be applied in payment of the interesl and then on the unpaid balance of 1he prinup~t cum. If default is made in the ~ F~ayment of any installment when due, and such default contieues 30 days, then at the option of the holder, and without any other notice, al~ the remaining ~nstaltments shall be due and payable at once. P~ivilrge is given to prepay this note in whole or in parl at sny time without penalty. Neither torebearance, ~ nor acteptance by the ho~der thereof aiter any default i~ any.payments hereon, shall be deemed extcnsion. A late payment tharge ef s_~?~~__, ahall be added to eath installment remaining unpaid 7 days after its due date, artd a like sum shall be added ~o each such installment remaimng unpaid 7 days afte~ } each succeeding payment date. + Eath maker, surery and endorser Mzreof, jantly and severally, waives demand, presentment protest and notice of protest fw ~o~payment, and further ~ agrees to any exteni+on of time of payment, either before or aiter maturity, without not~ce to any of us; and to pay all costs of collection, inctud~ng a reasonable attwney's fee in the event of any de(au~t hereunder, and hereby severally weives all benefit of homestead and exemption under the ca+stitution a~,d laws of each State of ~he United States, as aga~nst this obl~gatio~ a any extens~on or renewal hereof. Witnesa the hand and seal of each party. ` S/ John V. Mi ng o, Sr . ($FAl) (SEAL) ' S/ Marie T. Minao ~n~) ~ $21.00 csEnu . ( ) Stare Revenue t~R~i a~odld~oa ~t~a t ~ NOW, THEREFORE, the MORTGAGOR fo? the purpose of securing paymenf of sa~d sum of S 14,000•~~ and the performance of the covenants and agreements hereinaiter eap~eased, and fw divers good and valuable considerations, by these presents, dces gront, barga~n, selt, remise, re~ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, siruate, lying, and being in the County of $t . WCle and State of Fluids, described as follows: Lot 2, Block 3215, PORT ST LUCIE, FIARESTA PINES, UNIT 1, as pez plat thereof on file in P~at Book 16, page 35, of the public records of 4 St. Lucie County, Florida, E . . ; o-----' ~F F~-~ RP~ ~A ~ ~ o n+ r~'°~ ~ ~jTA~~ STAM ~ ZARY ~ ~ ~ ~ ~ Pf~ ~P~yl~. ,~~1 ~ i ~ ~ z or, p~j UaM~EVENU ~E • s;y~ ~ IVE~ .C 1lf~td~ S . Z ~ ~ ~ _ pN ~ ~p1E$ ~l ~ ~t11R'' ~ ~ - rn ~ AiiY -9'7i~ " ' D~RS~ jp ~•,ER p0 ~E SA. ~ - ~ - - ru ~Rt~ s(. ~ < _ ~ P.& ,,~y~ r. ~ I I IL'2 C1R~"~ 0 ~ . . ~ together with all and singular the tenements, heredisaments and appurtances thereunto belongi~g w in anywiu ~ppertai~ing ihereto, a~d all rent~, iuues, ~ proceeds and profits acuuing and to acvue from said premises, all of which are included in the above and foregoing desttiption and I~abendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And fh~ said ~ t.10RTGAGOR fw th~-1r hein, executors, administrators and assigns, hereby covensnts with the said MORTGAGEE, its succeuors +nd auipm, ~ ~hat - the-Y a2e__ lawfully seized of the said prem~ses io fee simple; that the same src free, dear and discharged from all liens and encurr~ " ~raMlf in law or in equity, and that theY ~ W~n and their hei~s shall warrant •nd defend the title to the same to the said MORTGAGEE, its successors and sssigns, fwever.against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORiGAGOR shall pay unto the MORTGAGEE the promissay rate hereinbeiwe dewibed ~nd shall truly, promptly and fulty perform, d~xharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditio+n snd tovenants of ~aid Y promissory note and of this Mortgage, then this Mor:gage and the Estate hereby created shall cesse snd be null and void. ~ IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular a plural anywhere in this Mortgage, shsll be singular ii ooe only ~nd ~ ~ ~ shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge shall be taken to me+n "his;' "hen;' : or "its;' wherever the context w implies or admits. Alw, that whereve? thae is a reference in the tovenants ~nd agreements hereim m~tained to ~ny of ~ ~ ihe parties hereto, Ihe ume shall be construed to mean ss well as the heirs, legal representativet, successon snd assgns (either volunt~ry by sd of th~ ~ oarties or involuntary by ope~at'an of the law) of the same and ~hat the covenants herei~ cootained shall bind and the berxfin and sdvantages irwre ~ 3 ~ ro the respective hein, legsl representatives, successora aod ass'gns of the parties Fs:reto. ~ And said Mwtgsgors, for themselves and their heirs, legal representatives, successors a~d auigns, hereby jointly and severally covensnt and agree ,Y ro and with the~ said MORTGAGEE, its successo~s and assigns: v ti ~ 1. To pay all and singular the principal and interest and the various and sundry sums of money payabfe by virtue of said promisswy note, •nd thi~ martgsge, each and every, promptly on ihe dsyi respectively ihe same severally become due. ~ 2. To pay all +nd s7ngular the taxes, assessmems, levies,• liabilities, oWigations and encumb?uxes of every nature and kind now on ssid deuribed property, a that hereafter msy be imposed, sutfered, plxed, levied, w assessed thereon, p thst hereafter may be levied or ~saessed upon this Maty~ ` age, or the indebtedness secured hereby, exh and every, when due snd payable, according ~o law, befae they become delinquent, and before any intereit ~ e= arraches ot any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGE~ OF oA ~ RECORD AND THE ORIG11rAl OfF1C1Al DOCUMENT (SU~H AS, FOR INSTANCE, iHE TAX RECEtPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED Cp OR CERTIFIED) SHALL BE PlACEO IN THE HANDS OF SAIU MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not " pa~d, sat'sfied and diuharged u'd MORTGAGEE may at any time pay the same or any part thereof withou~ waiving o~ affecting any opt~oo, lien, eqvity or ~~qht under or by virtue of this morrgage and ~he full amount of each and every such paymem s!~all be immediately due and payable and shall besr inteiat ~.om tl~e date thereof unril paid at rate of n~ne per centum per annum end togdher w~th wch interest shall be secured by the lien of th"s moryta9e. . c:?.-; - ~ "°-;':u . ` _ _ . . . . . . . . . ,