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Home My WebLink About0040 2686~~ ~ t A.D. 19__?_~ be~xee~ THIS INDENTURE. Made the 8th day of nctober ft; l.arry D.Bush, a sirgle edult " , _ of SL. I,UC1P ~W~~y Florida, hereinafter desgnared as the °MORTGAG00." and FIRST PEOERAI SAVINGS ti"~D tOAN ASSOCIATION OF FORT PIERCE, a corpwation oryanized and ex~sting under the laws of Ihe Un~ted Stat~s of America and having its pr~r~c~pal ple;e of busineu in the Giry oi Fo?t Pi~rce, St. lucie Gounry, Florida, hereinafrer designated af tM "MORIGAGEE." WHEREAS tM MORTGAGOR is jusdy indtbted to ihs MORTGAGEE in the sum of s 27~ 600~~ good and lawfu! mo~~ey of the Un ~cd Srates advanced by tha MORiGAGEE unto the MORiCaAGOR, as evidencad by a certaln prom~sswy note of even date he~ew~th, of wF~;ch ~t~e fo~iow:~~g in words and figures it a tru~ copy, to-wit: ~ s 27,600.00 No 1On20477 fort Pierce, fiwida, nctober 8 19 73 fw value reteived, 1, we w either of ~s, p~omise to pay, withoul defalcaNon, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATI~:V OF FORT PIERCE at fwt Pierce, Flwida, the sum of S 27 ~6~'~~ - with inrere ~ irom date at fhe rale of9 •25O-o pe~ annum, ~n nw:~lGty r~Sfei,- :"en~s as follows: S 237 on ~ix 2Oth day of n~OV@In @r_, 19-7~ and a like sum on the co~respond~ng day of each m~nth tnerC- atiter until ~he whole be (ully paid. Each installment first shall be applied in payment of Ihe interest and ~hen on the unpaid balance ot the princ~pa) sum. If detault is n'~ade in the F~ayment of any installment when due, and such defauh conlinues 30 days, then at the option of the holder, and without any other notice, all ii,e rrmain~ng fnstallments shall be due and payable at once. - Privilege is giveo to prepay this note in whole or io part at any fime without penalty. P:either forebearance, . 11 85 nor acc~ptance by the holder fhereof afier any default in any paymems hereon, shall be deemed extension. A late payment charge of shati be added to each ins~allment ~emaining unpa~d 7 days after its due date, and a Gke sum shail be added to each such inseaflme~t remaining unpa~d 7 days aftrr each wcceeding payment data • Eath maker, surety and endo~ser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpaymen?, and furrher agrees to any extensio~ of time of payment, either before or after matur~ty, without norice to any of us; a~d to pay all costs oi coll•~ct;on, ~nc;~d ~~g ~ reasonabte attorney-s 4ee in the even~ ot any aeiau~r nereunder, and nereny severoiiy waives aii oenniit oi iqmes~~oS a...: ~a.s••~Yi~~.~ +•`w a~~d laws of each State oF the United States, as against this obligation a any extension a renewal hereof. Witness the hand and seal of each party. (SfAI) S~ ~.arry ~ ~US}l~ (SEAI) a single adult - ~sEAi~ iSEAI) ~41 ~40 ) State Revenue iSS~mP*-+~~tlta~~acipioal ~t~? NOW, TkEREFORE, the MORTGAGOR ior the purpose of sccuring payment of said sum of s 27 f 6O~ snd the performance of the ' covenaNS and sgreements hereinafter expressed, and fw divers good and valuab!e considerations, by tFxse preseMS, does grant, ba~ga~n. se~'. ~c~:•se. refease, convey ~nd confirm unto the MORTGAGEE, its successors and auigns, aIl tfiat certain lot, piece or parcel of Isnd, situate, lying, and be~ng in the County of $ t. Li1C lE' and State of F~w~da, dewibed as follows: Apaztment ~'o. B- 15 of i_a Entrada L'~el '.ar, a condominium acc~rcling to the Declaration of rondomini~~n dated p~~mber 30 , 19'72, recorded in Official Pecords Book 220, page 1747, of the public records of St. Lucie County, Flori~a, together with all of its_appurtenances accord- ing to the Declaration including an undivided interest in the common el~ents of said Condominium as set forth in the Declaration~ and as re-recorded to reflect additional exhibits in O. R. Book 220, page 2192, St. Lucie County, Florida, public records. Subject to the terms, covenants, agreements, obligations and provisions -of said Declaration of.. Condominiu n vrhich mortgagoz in all things does i covenant,to mortgagee faithfully to observe and perfora. - ~ ~ r ; ti . > > o, STATE FLGR1~,~~! ` ~a ; o~ DOCUMENTARY ~~~p ~ - IN PAYMfN~ ~ 1~ o ~-=~~~4;~,STAMP i!~ ) PROPff~. ~ DEPT_ Uf Rf YEMUE p~E pN CIJ1$$ ~C' INTMtGIBLE PERSOHAL o- 1 TO CHAPTFo 7~.13t. oC13 Of 1911~ ~ w NtJY t ~ I. ~ V PUR~ . r i 4 ~~w `v _ p8 9'~0 ~ .`~t ~ ~ t ~ • • : ~ o =~~102 ~ + CIERK Gt°r%;;i• . !•'tE M. ~ ~ ' ~ ~ ~ fogether with all and s'u?gular the tenements, hereditaments and appurtsncea thereunto belonging o? in anywite sppertaining therefo, •nd +11 rents, issues, ~ proceeds and profits accruing and to accrue irom said premises, all of which are included in the above and foregarg dexription and hsbendum. ~ TO HAVE AND TO HOID the above desaibed a~d granted premises ~nto the said MORTGAGEE, its sucuasws snd auigns forever. And tt+e said .4tORTCaAGOR, fw h 1~--- he~rs, execwws, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its successors and sssiyns, ~ . rhat -he_ 1S ~awfulfy uized of the said p?emises in fee simpfe; that the same ~re free, cles~ and dixharged from all liens and encum- ~ brances in Isw or in equity, and that t'•e wi~~ and h 15 heirs shall wsrrant ~nd defcnd the title to the same to the said - MORTGAGEE, its auccessors and assigns, forever against the lawful claims and demands of all persorts; ~ PROVIDED, AlWAYS that if tht MORTGAGOR shall pay unto the MORTGAGEf the prom3aswy note hereinbefwe dexribed and shall truly, promptly - and (ully perform, d~xharge, e:ecute, complete, comply with and abide by each and every the stipulstioos, agreements, conditions and covenants of ssid prom~sswy note and of this Mortgage, then tF~is Mwtgage and ehe Esrote hereby crested shall ceast and be null and void. F! IT IS UNDERSTOOD that the word "Mortgagoa" whether in the si~gular or plural anywhere in this Mo?tgsge, shal) be singular if o~e only and r~ shall be plural jointly and seveqlly if more than one, s~d that the word "their" ss used anywhere in this Mortgage shall be taken to mean "his;' "hers;' or "its;' wherever the contexl so imp?ies or admits. Also, that wherever there is a re~erence in the covenann and agreements herein contained to any of rhe parties hereto, the same shall be construed to mesn as well as the heirs, iegsl representatives, successors and sssigns (either volu~~ary by act of the ~ ~ parties or involvmary by operation of the law) of the same and that the covenanrs herein co~tained sh~ll bind ~nd the benefits snd advantages inure ~ ~ to the respective beus, Iegsl rep?esentatives, successors and ess~gns of the parties hereto. And said Mwtgagors, for themselves and their heirs, legal represeMatives, wccessors and assigns, hereby jointly and severally covenant and agree to and with the ssid MORTGAGEE, its successors and assigns: c"'.~ ~ ~ 1. To pay all snd singular the principal and imerest and the various and sundry sums of money payable by virtue of said promissory note, and this i mortgsge, esch and every, promptly on the dsys respectively the same severally become d~e. J_ ~ 2. To psy a11 and singvlsr t1~e taxes, assesunents, levies, liabilities, obligstions and encumb~ances of every nsture and kind now on said described properly, w that hereafter may be impoted, svffered, placed, levied, or auessed thereon, or thst he~esfte? msy be levied a useued ~pon this Mortq- ~ age, or the indebtcdness secured hereby, each and every, when due and payable, according to law, befwe they become delinqueM, and before any interes~ x a+taches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCNARGED OF ~e+ RECORD AND THE ORIGIhAI OFFICIAI ~OCUMENT (SUCH AS, FOR INSTAN~E. THE TAX RECEIPT~ OR THE SATISfACT10N PAPER OfFICIAIIY ENDORSEO OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEtv DAYS NEXT AFTER PAYMENT; and i~ the event that any ~hereof is no? pa~d, sat'sfied and discharged sa'd MORiGAGEE may at any t~me pay the same w any part thereof without waiving or affeding any option, lien, eqv~ty w • •~qht under or by virtue of this mortgage and the fult amo~nt of each and every such payrrxnt shall be immediately due and payable and shall bear interes~ : w j.om the date thereof u~til pa~d at rate of n~ne per centum per annum and rogether wrth such interest shall be secured by the lien of th:s morg~sge. .~5 ~ r