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Home My WebLink About2881 2685~9 ~ 15th \ovc:mL~~r 7 3 ~1weQ~ iHIS lNDEN1URE, Msd~ the. dsy of ' A.D. 19.r_~ Richard D. Sn~eci, Jr, anci N~artho Sue Siice~3, his wife of 5t . Lucie ~p~nty Florid+, hereinaftN deig~a~ed ss ths "MORTGAGOR," and fIRST FEOERAL V1VINGS AND IOAN ASSOCIATION OF FORi PIERCE, • corporation oryanized a~ ~a~ui.~g ur~dr~ the laws of ~M United Statoi of Americs ~nd hav~n~ i~a pr~nclpal p~ace of buii~es~ In fM Ciy of fo~t Piace, S~. lucie County, Ftwida, hereinatter de~~gna~td as tM "MORTGAGEE." ` WHEREAS tha MORTGAGOR is justly indebted ro~M MORTGAGEE in the sumlo( s 2U~ ODn • n~ good and la:vfut money ot the :,'n:ted States advanced by the MORfGAGEE unto tha MORiGAGOR, as evidenccd by a cerfa~~ p~omissory note oi e~en data he~ewnh, of wh~ch tt,e foibrvin~ :n ~ woCd~ ;nd~~yiu.e~y} a true copY: Io-wit: n~ ' f ` i 1 Un~ 1~~) = 2 U CJ l) .•~'•1 Fat Pierce, Flwida, ~UVf'Illt~t'I' Is,b ~y 73 For value received, I, we o~ either of us, promix to pay, without defplcat~on, to the order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATIqN Of 20 000.00 9.2~, iORT PIERCE at Fo~t Pierce, Florida, the sum of j-._._~ jrith interesr trom date af fhe rata of o pt{ annu~n, in mor.~hly ~.~s~all- ments as failows: 518~• o„,ne 20th d,yof ih:eember ~973 and a like sum on the caresponding day oF Qach month there- after until the whote be fully pa~d. • ? Each inataltmenf (irst shall be applied in payment of the interest and then on the unpaid balance of the print~pal sum. (f tkfault ia made in the pay~nen? of any instaliment when due, and such default ton~inues 30 days, then st the Option of the holder, snd without any other nofice, all the remain~ng installments shall be due and payab!e at once_ Privilege if given to prepay this note in whole o? in pa?t at any time without penalty. Neither forebearante, rwr acceptance by the holder thereof aiter any default iri any payments hereon, shall be deemed extens~on. A late payment charge of S 9• 2~ . sha11 be added ~o each installment remainiog unPa~d 7 days after its due date, and a like sum shaN be added to each such installment ?emaining unpaid 7 dayt after each aucceeding paymenl dare. ~ Each maker, surety and endorser hereof, jantly and aeverally, waives demand, presentment protest and notice of protesl fw ~onpayment, a~d further - agrees to any extens~on of tin,e of payment, either before w after maturity, wirhout notice to any of us; and to pey aN costs oi collxtion, includ~ng s reasonable atto~ney's Eee in the even? of any detauit hereunder, and hereby severally waives all benefif of homestead and eaemption under the constitulion and laws of each State of the United States, as against this obiigation w any extension a~enewsl hereof. Wirness the hand and scal of each pany. S/ Richard D. Snec~d, Jr. (SEAI) (SEAt) 5~' blart!ia Su~ Sneed (SEAL) ~ $3~ . ~O ) State Revenue - . (S~?U ~~9f+16~~ciF~f.lfi~~GJn2k~i ,1C?~o~e) NOW, THEREFORf, the MORiGAGOR fw the purpo~e of securing payment of ssid sum of S 2O ~ OOO . snd the perfwmance of the covenaMS and agreements hereinafter expressed, and for divers good and vatuable considerations, by these presents, does grant, bargain, sell, remise, release, convey a`'~ confir,~n untp the MORTGAGEE, its successors and auigns, aN that certain lot, picce oa ~rce! of land, situate, lying, and being in the County of t. l.uC 1 e arwl State o! f{orida, deacr;bed n follows: . ~ ,'1~artment I-202, Commodore I, Cc~nnades Condominium ~7, accurding to the 7eclaration of Condominium filed in O. R. Book 211 at ~age 6 of the Public Records of Saint Lucie County, F'iorida. TOGETHE~ WITH ALL apPurtenances thereto tog~:ther with an unciivideci interest in the comron elements and the limited corunon elements thereof. - StTBJECT TO the terms, covenants, agre`r~ents, obli~ations and provisions of saici Declaration of Cor.dominium which A'.ortga~or in all things does covenant to ?~'ortgagee faithfully to observe and perform. ~ . S 7.AT ° o DOCV/y~EN ARYfi F~-~F~1~~ t M P K~ Q DFP7 Ui REVENUE't~': ~~~'i ,$1l-- jl.i ! ~~ME~D i~~'- ~ . en N ~8 ~ :+br1~f']$ ~ "4~`~ ~ ~ ~N C14SS 'C IIITAN(;J~,~ ~ PAYMEI~IT OF TI11Q~ 4 = 11102 ~ ' ~ lai ~ ~lt . ,__....r' ` 3 0 0 0 ~ ~~rrr To cww~R ~ia~, acr~s "oF` iy-,°~rn ` ~ 1 C~t C+tt~ln 00yR ~ S LIICIE 00.. fUl together w~th all and singular the tenements, Fxreditamenti and appurtances thereunto belongi~g a in anywise appertaining thereto, and +II renfs, issues, proceeds and profits accr~irg and to acuue 1rom said prtmises, all of which are included in tAe abovs and faegang deuription and habendum. TO HAVE AND TO HOLD the above described and g?anted_ premises unto the said MORTGAGEE, its successors ~nd sssigns forever. Md tM said their MORTGAGOR for - heirs, executors, administrators and assigns, hereby covenann with the t~id MORTGAGEE, its sutcesson and ~ssi~~, t h e d L e y premises in fee aim le; that the ssme are fres, ckar and diuhar that ----Y---- Iawfull seized of the said p ged from sll liens and encuin brances in law w in equity, and thst th~'S' w~11 and their ~~n shall warrant and defend the title to the same to fhe said MORTGAGEE, its successws and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS thst if tF~e MORTGAGOR shatl pay unto the MORTGAGEE the promissory ?ate hereinbefore described and sMll truly, promp)ly ~ and fully pcrform, d~xharge, execute, complete, comply with and ab'~de by each and every Ihe stipvlations, agreements, conditiau snd covenanh of said prom~ssory note and of this Mortgage, then thia Mortgsge and the Estate hereby ueated sha11 ce~se snd be null and void. i~ IT IS UNDERSTOOD tha~ the wwd "Mortgsgw" wixther in tfro s~ngular or plural enywhere in this Mortgage, ~hall be singular if one only ~nd shall be plural joinfly end severaUy if more than one, and that the wad "their" as used anywhere in this Mortgage ihall be taken to mean "his;' "he~s;' ~ or "its;' wherever the context so implies a admits. Also, thst wherever there is a refererue in the covena~b and ~greements Ixrein contained to any of ti„~ i tl~e partie~ herero, the same shall be consfrued to mesn as we!! as the heirs, lega! representatives, successors snd sssigns (either voluntary by ad of the partiq or involuntsry by operat;on ot the law) of the same and that the covenants herein contained shall bind ~nd the benefin and advantayes inure ~ to the respective heirs, legal representatives, successors and ~ss~gns of the psnies hereto. ~ And said Mort s rs, fo~ themsetves and their hei~s, 1 al re ~euntatives, s~ccessors and asi ns, here ~ntl and severall coven~nt ~nd ree ~ 9 9~ ~9 P ~9 bY lo Y Y a9 to and with the said MORTGAGEE, its successors and auigns: 1. To pay all and singulsr the prirxipal and inrerest and the various and iundry wms of money payable by virtue of said promiswry note, and this ~ mortgsge, each and every, promptly on the days respectivety tF~e ssme seve~ally become due. 2. To psy all ~nd singutar the tsxes, assesunents, levies, liabilities, obliqations and enc~mb?intes of every nature and kind ~ow on said described ~ property, or that hereafter may be impoted, suffered, placed, levied, w aaussed thereon, a that hereafter may be levied or assessed ~pon this Mort¢ aye, or the indebtedness secured hereby, each and =very, when due and payable, actordin9 to f~w, before they become delinqueM, and before any inte?est aC~ ~ attaches w any penalty is i~cur~ed; AN~ lNSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND D15CHAR6E0 OF RECORD ANO THE ORIGINAI OFfICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENOORSEO OR CERTIFIEO) SHAII BE P[ACEO IN THE HANDS OF SAID MORTGAGEf WITHlM TEN DAYS NEXT AFTER PAYMENT; and in the evcnt that any thcreof is not ~ paid, saYstied and discharged sa'd MORTGAGEE may at any time pay th~ aame w any part thereof without waiv+ng or affecting any option, iien, equity a .iqht unde~ or by virtue of this mortgage and the futl amount of cach and every such paymen: shalt be immediately dve and payable and shal! bear interest ~rom the datt thereof until paid at rate of n~ne per centum per annum and ~ogether w~th such interest ihall be secured by the lien of th:a morgtage.