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Home My WebLink About2396 . 26~tiQ~ 1MIS INDENTURE, Msd~ the 22nd day of ~tober A.D. 19 73 be~wean William ~t. Nipper and Joyce Nipper~ his wife of St . L.ucie County Florid~, hereinafter designated as the "MORTGAGOR;' and FIRST fEUERAL S/~VfNGS AND LOAN ASSOCtAT10M Of FORi ~IERCE, a corporation o~flanized a+~d existi~g uader !he laws of 1hs UNted Statos of America snd havinp its p~incipal place of businsu i~ tM Ciry of Fort Pierce, St. lucie County, flwida, hereinafrer designated as ths "MORIGAGFE." WHEREAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of S '2OZ.~0•~~ good and lawful money of the Un;ted r F.:.....~y~,.~. Siaies advanceci oy tP;~ :.-„~~JHG:: u::to iP~c s;:3~Tv.^.CQR, a, c.s~c;~,_~ t... ~ c-•ra:~ noe.. a1 ..v»n ~a~e herew~th. of which the io!lowing in wo~ds and f~ ures is s true copy, ~o-wit: 1~2~~8 = 20 ~ 00~. 00 t~to October 22 fort Pierce, Flo?ida, 19 For value'received, 1, we or e~ther of u~, promise to pay, withouf dafalcation, to the order of FtRST FEDERAL SAVINGS AND LOAP! ASSOClATlOV OF FORT PIERCE at Fort Pierce, florida, the sum of S 20~~~•~~ _ rv;th inreresr from date at the rote of 9_2~o per annam, in montFly install- ments as fotlows: S 272 on the 2~th day of February ~y 74 and a l;ke sum o~ the correspond~~g day of each month there- after vntil the wfiole be Fully paid. Each installment first shall be applied in payment of the interest and rhen on the unpaid balance o( the princ~pal sum_ If deFautt is made i~ the payinent of any installrnent when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the rema~ning installments ahatl be d~e and payable at once. Privilege is given to prepay this note in whole a in part at any time without penahy. Neither forebearaoce, nor acceptance by thr holder the~eof after any default in any paymenla hereon, ahal~ be deemed ex~ension. A ~ate payment charge of S 8•6O , sha11 be added to each installment remaining ~npa~d 7 days after its due date, and a~ika surn shall be added fo each :uch installmeM iemaining unpaid 7 days e(ter eath succetding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presenfinent protest and no?ice of protest for nonpayment, and further agrees to any eatensan of time of payment, either be(ore or after maturity, without notice to any of us; and to pay all cosrs of collection, includ;ng a .easnnabk attwney's fee in the event of any defautt hereunder, and hereby seve~ally waives all benefit of homestead and exemption under the con~titution and laws of each State of the United States, as against this obtigation w any extension or renewat t~ereoi. - Witness ?he hand and seal of each party. , : i/~-' ,t_.C~c!-~r~-~ ~Z~a.LI~..~ (SEAI) S/ William H. Ni er (SEAL) ~ n ~ ~ (SEAL) S 30 00 i Z csFAu ( • ) $tate Revenue (Ltaw~p~ ~awaeile~t ~ow ariginel-ne~e) NtOW, THEREfORE, the MORTGAGOR fo~ the r se of securi a ment of said sum of S 2O ~~0• ~ P~ Po ^9 P Y , and the pcrfwmance of the covenants and agreements here~nafter expressed, and fo~ divers good and valuab!e considerations, by theu presents, dcea grant, barga~n, sell, rem~se, release, convey and co~f~rm ~nto the ~Y10RTGAGEE, its succeswrs and ass~gns, aN thar certa+n Iot, piece or parcel of land, situate, lying, and being in the County of $t. Lueie and Srate of F1o?eda, deurilxd as follows: Lot 18, SHERWOOD ACRES UIVI? 1, according to the Plat thereof recorded in Plat Book 14, Page 43 of the Public Records of St. Lucie County, Florida. ~~~5 ~(~Q`t~1. 0 QQ`~i~' v ~'Q `~~1. ej ~N S0• ~ ~ ~ , G~$~~~E P~S . ~ ` . ' 1>>•~ ~ S TATE =~F F L O~ I:~ t-~. ~ ,~~c,~-~o c~o ~~i4'~~~EO ~ S~~ ~L~ OOCUMENTQRY,~:=--.:;tiS1hMf' TnX ~ ~Nt c. r~„~t - ~a•~~ ~/I. c ~J~Pi_ UF REVENUt f~' _ _ ' i Q~R~ C~ ~ _ _ ~~,.~•~~4~ . 3 0. 0 0 ~ a~~' P.O. a ~ . ~ O = !liC2 ~'f i togethe~ witF? all and singular the tenements, Fxreditaments and appurta~ces thereunto belonging or in anywix appertaining thereto, and all rents, issues, proceeds a~d profits accruing and to accrue irom said p~emises, a!1 of wh~ch are irxluded in fhe sbove and foregoing dexription snd habendum. TO HAVE AND TO HOLD the above destribed and granted premises unto the said MORTGAGEE, its successon and assig~s forever. And the qid M~RTGAGOR for -~g~r----- heirs, executors, administrators and assigns, he~eby covenants with the said MORTGAGEE, its suctessors and assiyro, they_a re____ ~aWf~nY se~zed of the said prem~ses in fee simple; that the ssme are free, clear and discharged fram all liens and encurr~ brances in law or in equity, ar+d that thev w;ll and their heirs ahall warranf end defend the 1it~e to the same to the said MORTGAGEE, irs successors a~d assigns, forever against the lawiul ctaims and demands of alt persons; PROVIDED, ALWAYS that if the MORTGAGOR shatl pay unto fhe MQRTGAGEE the promiuory rate hc~einbefore described and shall truly, promptly and fully perform, diuharge, exec~te, complete, camply with and abide by each and every the stipulations, agreements, conditions and tovenants of i~id promissay note and of this Mwegage, fhen this Mortgage and the Estate hereby veated thall ce~se and be nult and void. IT IS UNDERSTOOD that the word "Mortgagw" wFxrher in the singular w plural anywhere in this Mortgage, sha11 be singular if one only end shell be plvral jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgsge shall be taken to mean "h~s;' "hert;' or "its;' wherever the context so implies a admits. Also, that wherever there is a reference in the covenants and agreements f~erein contained to ~~y of fhe parties herefo, the same shall be consr~ved to mean as wel! as tlro Fxirs, legal representslives, successwt and assigns (either voluntary by ect of Ihe parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefiti and advantayes inure to the respective heirs, tega( representat~ves, successors and ass~gns of the part~es hereto. And said Mortgsgors, for themselves and their heirs, lega! representatives, successois and assigns, he~eby jointly snd severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the variovs and su~dry sums of money payable by virtue of said p~omisiory note, and this mortgage, each snd every, promptly on tFx days respecfively the same uverally become dve. 2. To pay sll and tingufar the taxes, assessments, levies, liabilit+es, obligarions and encvmbrances of every nature and kind now on ~aid dewibed properiy, w that hereafter may be imposed, suffered, plated, levied, a ~ssessed thereon, or that hereafter may be levied a usessed upon thif Morty- age, or the indebtedness secured he~eby, each and eve~y, when due and payable, sccording to (aw, before they become detinqvent, end befo~e any intere:t atracbes or any penalty is iruured; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PROMPTIY SATISfIEO AND 01SCNARGEO OF RECORD AND THE ORIGIA:AI OfFICIAI DOCUMENT {SUCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE SATtSfACT10N PAPER OFFItIAIIY ENDORSEO OR CERiif1E0) SHALL BE VLACED 1N TNE HANDS Of SAID MORTGAGEE WliHlN 7EM pAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and discharged :a d MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity p •ipht under w by virtue o~ lhis mortqage and the full amount of each and every such payment shall be immediately due ar~d payable and shall bear interest s•om the dafe tFxreof until paid at rate of n~ne per ceroum pe+ annum a such ~M~ I be secured by the lien of th:s magtaye. ~b~X ~.V f'.tiGf ~~~I