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Home My WebLink About0158 . ~ 268'7'7'7 TNIS iNDENiURE, Made the 16t'h d~y or November A.D. 19_..L~, be~ween Richard EdWard Coffman and Phebe Coffman a k a clbbe~ Ooi'rmQn, his wife _ of .St. Lucie ~o~nty Fiwida, here~na(ter des~ynared +s the "MORTGAGOR," and fIRST FEDERAL SAVINGS AND tOAN ASSOCIATION OF FORT PtERCE, a co~porafio~ agani:ed and exisfing under the laws of ths United S~at~s of Americ~ and havi~ its principal place of business in ths C~ty of Fort Piace, St. lucie County, Flaids, hereinafter desi9nated ai ths "MORTGAGEE." WHE.REAS the MORTGAGOR is ju~tly i~dsbtcd to ths MORTGAGEE in the sum of S l~ 600~ _ good and lawfut money o~ the Un~ted States advanced by the MORTGAGEE unro the MOATGAGOR, as evidenced by a certa~n prom~ssory note of even date herewith, of wh:ch the tollowing in v~ords and figures is a tr~e copy, to-wit: ~ 11~~181 1'jTb11Q~n0 Fwt Pierts, florida, XAVAml]A2+ l Ef _ {9_~.. fw value ~eceived, I, we or either of us, pram;sr to pay, wi~hwt defalcat~on, to ths order of PIRST FEDERAL SAVINGS AND ~OAh AS:aOCIAf10N 7F • FORI PIERCE at fart Pierce, Flo~ids, the sum ot 5--~~~~ W~th interest from date at the rate of 9~.~o pe~ annum, in monthly ir;tati ~nems as follows: S--l~~-Q- on the -ZQ~lY ef -IZAQA~AP 19.~~ and a like sum on the corrospood'ag ~ay oF each rr.onth there- afrer until the whole be ~ully paid. Eath installment first shall be applied in payment of 1he interesl and ~lien on the unpaid balance of the prinupal su~~~. If defauit ~s maoa in tne ~>ayment of any installmem when due, •and such default contlnues 30 days, then at the optan of the holder, and without any e?he~ ~+ot~ce: all the re:naining ~nstallments shall be due and payab:e at once. Privilege is given to prepay this note in whole or in parf at any time without pe.:ahy. NeitF.er iwabearance, nor acceptance by the holde+ Ihereof after any default in a~y payments hereon, shall be deemed extension. A late payment chary-e oi S-Ll~~, shitl !r: added to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each such installment remair~ng unpaid 7 dsys atter each succeeding payment date. Each maker, surety and endorser hereof, jo~ntly and severalty, wa~ves derfia~d, presentment protest and notice of protest fw nonpayment, and further agrees to any extens~on of time oi payment, either beFore o~ after maturity, without not~ce fo any of us; and to pay all costs of collection, includ~ng s reasonable attwney's fee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the tonstitution and laws of each State of the Uni~ed States, as against.this obl~gation w any extensio~ or renewal hereof. Witness the hand and seal of each party. 4 /s/ Richard EdWard Coffman ~senu (SEAU /s/ Phebe CofPman a/k/a Phoabe Coffman ~n~~ ~ 26 ~ ~0 ) Sta~e Revenve t 1~ 600 0~ NO'~l. THEREFORE, the MORTGAGOR for the purpose of secu.ing psyment of said sum of S ~ ~ and the performance of the covenants and agreements hereinafter eapressed, and for divera good and valuable considerations, by these p~esents, does grant, barflain, sell, remix, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that tertain lot, piece or partel of land, situate, lying, and being in the County of S ta.. L11C ~A and State of F{orida, dcwibed as follows: Lots 1 and 2, B3.ock 4, MARAVILLA TERRACE SUBDIVISION, as par plat thereof on ~ile in Plat Book 5, psga 50, Public Records oP St. Lucie County, Florida, I i ~ ~ . - f i 1 ~ STATE FLORfC1%> ~ ~ _ `r OOCUMENTARY.~= STAMP ! l~ J1 ~ (~rym = ~S ~ ~ IN PAYAAENT OF TA~ • vtPT. UF REYf„UE •:~t ~ ptJE pt~ CL,I?SS'C INTAtICIBLE ?ERSON.IL PoOPERir. t-- o ~ i ?URSIIANT TO CIIAPTER 71-13t. ACTS Of 19/1. ~ N _ P0. ` i~~IG'i~ l'- z s. ~ O; kOGER PORItI?S o = ttlG2y + (~p( CIRCUR COl1RT, ST. LUCIE 00., FUl ~ ~ ~ ~ rogether with all and singular the tenemeots, hereditaments and appurtances thercunto belonging or in anywiu appertaining tF~ereto, and all renri, issues, ~ proceeds and profiri accruirg and ro accrue from said premises, all of wh~ch are ~~cluded in the above and fwegang dexription and Fwbendum. ~ TO HAVE AND TO HOID the above described a~d granted premises umo the uid N10RTGAGEE, its succeuots +nd assiyra forever. And tha said ~ MOitTGAGOR fw --t~ir hei~s, executors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, i» autcesaon and +isigns. rhat --t?~~--a~8- lawfuliy seized of the said premises in fee simple; that the ssme are iree, clear end dixhsrged from all liens snd e~cum~ ~ brances in law or in equity, and that~.~ will a~d _tnei r heirs shall wursnf snd defend the title ta the ssme fo the said MORTGAGEE, its successors and assigns, faever against the lawful claims and demands of ~II persau; PROVI~ED, ALWAYS that if the MORTGAGOR shall pay unto tlie MORTGAGEE the promissory note hereinbefore deuribed and shslF truly, promptly and fully perform, d~scharga execute, compkte, comply with and abide by each and every the stipulations, sgreements, conditions and covensnts of s+id ~ promissory note and of this Nbrtgage, then this Mortgage artd the Estate hereby ueated shall te~se and be null and void. ~ ~ - IT IS UNDERSTOOD that the wwd "AM1ortgagor" whgther in the singular or plural anywhere in thii Mwtgage, shall be ~inyulsr if one only and ~ shall be plural jointly and uverally if mo?e than one, and that the word "their" as ~sed anywhere in this Mortgage shall be taken to mesn "h+s; `"hers," t; or "its;' wFxrever the context so implies w admits. Alw, that wherever there is s roference in the covensnts snd sgreementt herein contained to any of ~ rhe pa?ties hereto, the ssme shall be consrrued to mean as wetl as the heirs, legal rep~esentatives, successors and assigns (eitF?er voluntary by sd of the ~ parties or i~voluntary by operation of the law) of the same and that the covenants Fxrein contsined shall bind snd the benefits and advantages in~re ~ ~ to the respective hei?i, legal represe~tatives, successon and asvg~s of the parties hereto. And said Mortgagors, for themselves and their heirs, legal repreuntatives, succeasws and ~ssigns, hereby jointly and severally covenaot and agree ti, ro and with ihe said MORTGAGEE, its successors and assig~r. ~ ~ya 1. To psy all and sirgular the principsl a~d interest and the various and sundry snms of money payable by virtue o{ said promissory note, and thii e~ mwtgsge, each and evcry, prompNy on the days respect~vely the same severally become due. A~' 2. To pay all +nd singular the taxes, assessmeros, levies, liabilities, oWigatio~s and encumbraoce~ of every nature and kind now on said dewibed R properry, w that hereafter may be imposed, suffered, placed, levied, or auessed thereon, or that herosfter may be levied a sueued upon this Mort¢ ~ age, w the indebtedness secured hereby, each and evay, when dve and payable, according to iaw, before they kxcome delinqveM, and befo~e •ny iMerest ~c attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISf1E0 AND ~ISCHARGEO OF RECORD AND TNE ORIGIfVAI OfFIC1At OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~~m ' OR CERiIF1ED) SNALL BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the event that any tF~ereof is no1 ~y' pa~d, sat'sfied and dixhsrged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving or sf(ecting any oplion, lien, equity or t;; •~qht vnde* a by virtue of this mortgage and the full amount of each and every such paymem shall be immediately due and payable and shall bear interest ~~om the dste thereof until paid at rate of n~~e per cent~m pa annum and together w~th such interest shall be secured by the lien of th:s mot9taqe.