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Home My WebLink About2583 2~345 ~ TFIIS IMDFNTURE. Made the ~ t h day of Novembez A.D- 19_7~ r, between _ ~tosea I.ee Allen and E+atel Allen his wrife of $t . Lucie County Florids, hereinaite~ des'~gnafed a~ the "MORTGAGOR:' end FIRST fEDERAI SAVINGS ANU LOAN ASSOCIATION OF FORT PIERCE, • torpwat~on oryan~zed and existing vnder the law~ oi !hs United St~tos of Americ~ and haviny its p~incipal place of busmass in the City of Fut Pie~ce, St. lucie County, florids, he~einafter desi9~ated as the "NIORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum ot ~fl • QQ , gvuJ ~s~.fu; ma: cy ~f t!~= Li-::er! Srates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a ce~tain p~omissay note of eve~ date herewith, of which the following in wwds end figures is e true copy, to-wit: ~ 8,000.00 ~ 10020523_ Fort Pierce, Flaida, ~OV@rUb@! ~ 19~_ Fw value received, 1, we or either of us, p~om~se to pay, without defatcaf~on, to fhe orde? of FIRST fEOERAL SAVitYGS AND tOAN ASSOClATION OF ~ FORT PIERCE at Port Piercc, Fiorida, the sum oi ~ i~0 _ with interest (rom date at the rate of 9• 5°/a pe? nnnum, in monthly install- ~ meros as follows: S 7~-~ on the th day of December_, ~9-~ and a like sum on the cares~ond~ng day of each month therr eiter until the whole be fully paid. Each installment first shall be applied in payment of the inlerest and then on the unpaid balance of the p?incipal s~xn. If default it made in the Nayment of a~y installment when due, and such default continues 30 days, the~ at the option of the holder, and withouf a~iy other not~ce, all the remaining ~nsrallments shall be due and payable at once. Privilege is given to prepay this note in whole w in pah at any time w~thout penalty. Neither forebearar~ce, nor atceptante by the holder thereof after any default i~ any payments hereon, ahall be deemed extension. A lale payment charge of ~.t~~-, sha11 be added to each installment rema;ning unpaid 7 days afrer itt due da1e, and a like wm shalt be added to each such instailment rem~~ning unpaid 7 days a(ter each succeeding payment date. Each maker, surcty and endorier hereof, joinHy and aeverally, warves demand, presentment protest and rrotice of protest for na~paymant, and further agrees to any extension of Ysme of payment, either before or after matv~ity, without not~ce to any of us; and to pay all costs of collection, incl~d;ng a reasonable attwney's fee in the event oF any defauit he?eunder, and hereby :eve~ally waives all beneiit of homestead snd exemptio~ under 1he co~stitution e"d laws of each State of the United States, as against this obligation or any extensio~ or ~enewal I+ereof. H!~~~~~• ~~+o F..ind wnd seal of each oartv. . Sf •foses Lee r~ iien ~s~nii tsEn~) S/ Hazel Allen (SEAI) ( $12 • ~ 1 State Revenue ISEAI) ~~UIe~dls~s~ai0b~laoea~ ~ NOW, THEREFORE, Ihe MORTGAGOR ~or tha purpose of securing payment of aaid sum of sSs ~0 and the perfwmance of the covenants and agreements hereinafter expressed, and fw divers good and valuabte considerations, by these presents, does grant, bargain, setl, rem~se, release, convey and confi.m unto the MORTGAGEE, its succeswrs and assigns, atl thst cerfain lot, piece or parcel of 1and, situate, lying, a~d being in the County of St. 1.11C1@ , and Stste of Fiorida, described as fo!lows: Lot 24, °lack 1, BLTMlC~ PARK= as npr elat thereof on file in P2at Eiook 20, page 18, of the pnblic records of St. I.ucie County, ~lorida, ~ : 0 IN PAr1ilENT Of TAXfS : ~ S TATE FL O R I CD 1 ~nrm " = DOCUMENTARI`.s~:.,, ~ t ~ - ~S T p M P i l`. X~ DI~ ON q11SS 'C INTAN6IBLE PERSQNAL PROPERiY~ Y. LfPt. OF REYEI+IUE Ei ~~T 70 CHMTER 11-134. ACTS~OF ~~7L~,1 - p - ~vli i 4•~3 ' - ~ ~ ROCER PORWIS ~ i i co ` O 0 ~ q,Ep~ ~~RQlR OOURT, ST. Llklf 00, ftA -r , ~ t together with all snd iingular the tenements, hereditaments and appurtances thareunto belw~ging o? in ~nywise ~pperfainiog ihereto, and •II rents, iuues, ; prp~ecds snd profits accruing and to accrue from said premises, all of which are includtd in the above and fwegoing dexription and habendum. s TO HAVE ANd TO H8L0 the above dewibed end granted prem~ses unto the said N10RTGAGEE, in successws and assigrn foreva. And the aaid n MORTGAGOR for their executo?s, adminisuators and a~signs, hereby covensnta with tix said MORTGAGEE, its svcceswrs snd asti9ro, rhat --Z~~ ~1~- lawfully se;:ed of the said prcmises in (ee simple; tAat the same are free, clesr snd discharged from ~II I'~en~ and e~m- brances in law or in equity, and that thev M,;~~ a~ 't~1Q1Z heiri shall w~rrant and defend the title to 1he same to the said MORTGAGfE, its successors ar~d assigns, forever sgainst the lawful claims and demands of ~II persons; ; PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGfE the promissory note here7nbefore desvibetJ and snaii truiy, prompiiy and fuNy p~~form, dlxherge, execute, complete, comply with and ab~de by each and every the atipulstiona, sqreement~, tonditions and toven~nti of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD that the wwd "Matgagw" whether in the singular or plural anywhcre in this Mortgage, shall be singular if one only and shall be plura! jointly and severatly if more than one, and that the word "thoir" as used anywhere in this Mortgsge shall be t~ke~ to mean "hii" "hen;' Q~ or "its;' whererer tbe context so implies w admits. Also, that wFxrever there is a reference in the covenants and ag?eement~ herein contained to sny of : the parties hereto, the same shall be construed to mean as well as the hein, legal ~eprese~tatives, successors and auigns (either wluntary by stt of ths 4~ ~ parties or involuntary by operstion of the taw) of the same and that the covenants herein contairxd sha~l bind and the benefits snd ~dvantages inure ~~~j E ro the respective heirs, legal reprexntatives, successon and au~gns oi the parties Fxreto. ~ And said Mort a rs, for themselves and their hein, 1 al re resentatives, successors and assi n~, hereb 9 9o e9 p g y jointly and seve?ally covenant and sgree ~ ro snd wifh the said MORTGAGEE, its successors and assi9ns: 1. To pay all and singular thc principal and i~terest and the various and sundry sums of money payable by virtue of said prom~sswy note, and fhis ~ ~ mortgage, each and every, promptly on fhe days respectively the same severally become due. v 2. To psy all and singular the taxes, essetsments, tevies, liabiiities, oWigatiorts end encumbrances of every nsture snd kind raw on said described t~ ~ 3 p.operty, or that hereafror may be imposed, suffered, placed, Ievied, or sueued thereon, a that hereafter msy be levied w assessed upoo this MortQ- i age, a the indebtedness secured hereby, ssch and eve+y, when dve and payable, sccording to law before they become detinquent, ~nd befwe ~ny interese O atraches w any penalty is incurred; AND IMSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMP~IY SATISfIEO AND DISCHARGED OF '~m ~ RECORD AND THE ORIGI13Al OFFICIAt ~OCUTAENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER' OfFICIALIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORiGAGEE WfTHIN 7EN DAYS MFXT AFTER PAYMENT; and in tMe event that any thereof is not paid, set'sfied snd discha.ged sa"d MORTGAGEE may at any time pay the same or any pan thereof withou~ waiving or affecting any option, lien, eqvity w .iqht under w by virtue of this mortgage and the full smount o~ each and every such paymenl shall be immediately due and payable and shalt be~r inferest <<om the date thcreof until pa~d at rate of nine per centum per annum ~nd ~ogether w~th s~ch interest shall be secur~ by the lien of th:s moryta9e. - ~ ? - -