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Home My WebLink About0729 2692~5 TNIS INOfNTURE. AAad~ tF»23rS~ day of Noveuber ~ A.D. 19~... between Oalton R. Dorsette and 6laine D. Dozsette, his ~ife 1.~5~. . ~ . ~ , of _ St . WCi6 Cp~nty flotida, hereinafter designated as the "MORTGAGOR," and FIRST fEDERAL $AVINGS AND IOAN ASSOCIATION OF fORT PtERCE. • corpaatton w~aniied and ax~iring ~nder ~he laws of ttw United Stat~s of AmerJcs and i+~~inp •in• principal place of busineu i~ tl~ City of fwl Pi~rce, St: luci~ County, Flaida, he~einaiter des~ynatad af tM "MORTGAGEE:' WHEREAS the MORTGAGOR is josNy indebted to tM MORTGAGEE in thb sum of S-"~S 6~•OQ , good snd lawful money oi the Unlted ' S~ates advanced by the MORTGAt',EE unto tM MORTGAGOR, as evidenced by a certa~n promissory note of ivpn date hercwirh, of wh;ch ths following in worda and figures if a true copY, towit: s 2 5. 600. 00 10020543 fwt Pierc~, Flwida. -~~~~~+eP ~s i91~_ Fw val~e received, 1, we w either of us, promiu to pay, wi~hout de;atca~ion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCtAT10N Of , FORT PIERCE at Fort Pierce, Fbrida, the sum of i 25 ~ 600. ~0 w;~h interes~ from date at the rate of 9• 5% per annum, in monthly install- . 268 00 20th Januar 74 ` ments as foflows. S • on the day of y 14__, and a like sum on the conespond;ng day of each month there- afrer until the whote be fulty psid. Each installment first shall be applird in payment of the interest and then on 1he unpaid balance of the princ~pel wm. If default is made in the paymeM of any installmeM when due, a~d such defauh cominuts 30 days, then st the optio~ of the holder, end without any other not7ce, a!1 the remaining +nsia!Iments shall be due and psyabte at ence. Privilege is given to prepay this note in whole w in part st any time without prnalty. Neither forebearance, nor atceptance by the holder thereof after sny default in any payments hereon, shall be deemcd extension. A late payment tha~ge of s 13 • 40, shall be added to each installment remaining unpaid 7 days after ifs due date, and a like sum sF~all be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each makN, surety and endorser hereof, joinlty and seve~al~y, waives demand, presentment protest and notice of protest fw no~payment, a~d furthe~ rgrees to sny extensio~ of time of payment, either before w after maturity, without nofice to any of us; and to pay all costs of collectton, inctuding e reasonable attorney's fee in the event of any defau3t he~evndrr, and hereby severally waives a!I benefit of homestead and exemption undet Ihe constitutan and laws of each State ef ~he United States, as against this obligation or any eztension o~ renewa! hereof. Witness the hand and seal of each party. _ ,~it011 R. DOZSeLte (SEAt) (SEAL) S/ Elaine D. Dozsette ~A~~ $38 40 ls~?U ( • ) State Revmue F~~eAq1i ~~tAI111~R~11pF #fA~e) . NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of ~sid sum of i2S,6~.00 , ~nd the performance of ths :ovenants and agreements hereinafter expreued, and for divers good ~nd valusble conside~atipu, by these prese~ts, does g~ant, bargain, aell, remise, release, convey a~d confirm unto the MORiGAGEE, its successors and auigns, all thal ceruin tot, piece or parcef o~ fand, situate, lying, snd be'ug in the County of $t •~Cle a~d State of Florida, desuibed as follows: The South of the SW~ of the SE'~ of the SE'~ of Section 19, Toanship 35 South, Range 40 East, St. Lucie County, Florida, SUBJECT TO right-of-way for~ogers Road over the East boundary and canal right- of-way over South boundary. ~n - b - STATE FLORIDA ~ " oz DOCUME(YTARY,~`~-~~SjAMP TA ~ ~ DEPT. Oi RE1fE1~1UE P-' 2r ~ ~ . Pa -.~~?trr = 3 8. 4 Q~ ~ - _ = ~uoz '~....s ~ a~ RECEtVED i~/ IN PAYMENf OF TAXES pt1E p11 CIJISS 'C INTANGiBtE PERSOt1Al PROPERIY. pUR$t1ANT TO GFiRPTER 71-134, 11CTS OF 19J1 R06ER POITRAS CLERK CIRCUII COURT, S(. UICIE 00., f1A roget{xr with all and singular the tenements, hereditaments snd appurtances thereunto belonging or in ~nywiu sppertaining fhereto, snd all rents, issues, p~oceedi and profiri acuuing and to accrue from said premisei, all of which are included in the above ind foregoing description and i~abendum. TO HAVE ANV TO HOtO the sbove dexribed and g?anted premises unto the said MORTGAGEE, iri svtcessors and au~gns forever. And the said MORTGAGOR for L11C1Y ~~rs, exetutors, admin;aaators and aui9ns, hereby covensnts witb the said MORTGAGEE, it~ successors ~nd ~ssignf, rhat - t~- a-~--- lawfully seized of the ~id premius in fee simple; tl~at the s~me are free, dear ar~d discharged from all lien~ and entvro- b~ances in Iaw or in equity, and that they N,~~~ a~ their hein s!~all warrant and defend ths title to ~he seme to the said htiORTGAGEE, its successors and auigns, forever sgainst the lawful claims and demsnds of all persona; PROVIDED, ALWAYS tl~at if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described end shal) truly, promptly and ivlly perfpm, d;scFwrge, execute, complete, comply with and ab~de by each snd every the stipulstiona, agreements, conditian and coveninri of said promis3oty note ~nd of this Martgage, then this Nbrtgage and the Estate he?eby vested shall ce~se and be n~ll and void. IT IS UNDERSTOOD thst the word "Mortgsgor" wlxther in the singular w plw~l jnywhere in this Mortgsge, shalt be singular if one a?ly and shall be pfural jointly and sevtraNy if more thsn one, and thst the word "their" as ~sed ~nywhere in tha Mortg~ge sFull be taken to mean "his;' "hen," or "its;' whereve? the to~text w implies o~ admits. Also, that wherever there ia a referenct in the covenann and agreements herein co~tained tp any of ~ the panies hereto, the ssme sha'.1 be construed to mesn as wetl as the heirs, legal representativet, succeswrs and a~sigro (either rolumary by ict of the pa~tiea or imoluMary by opera~ion of the law) of the ssme a~d that the covenants txrein contained shall bind and the benefits and advantayes inure ro the respective he'us, fepal representatives, successors snd ass~gns of the psrtip he~eto. And taid Mwtgsgors, fa themselves and t~+eir heirs, legal reprexntatives, sucuuors and assigns, hereby jointly and severslty tovenant and agree ~ ro snd with the said MORTGA6EE, its successors ~nd assigns: _ 1. To psy all and singulsr the prlncipal and i~terest and the various and sundry wms of money payabk by virtue of said prom~ssory note, ~nd thii ; mortgage, each and every, prompNy on the dsys re~pettively the same severally become d~e. ~ 2. To psy all snd si~gvlsr the tsxes, sssesunenn, levies, liabitifies, obtigatia~s and encumbnnces of every narure and kind now on said dewibed ~ property, a that F~ereifter msy be impo~ed, suffered, pl~ted, levied, or ~ssessed thereon, w that Ixreafta may be levied a sssessed upon this Mort~ A' age, or the indebtedneu secured Mereby, each and every, when due snd payable, accwdirg to (aw, befwe they become deli~quent, and befwe any intereit ariaches or any penaity is incu~red; AtVD tNSpFAR AS ANY tHfRfOF IS Of RKORD TME SAME SHAII BE PROJNPTtY SATISf1ED AND DISCHARGE~ OF RECORD AND THE ORIGINAI OfFIC~AI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT O4 iHE SATISFACTION PAPER OFFICIAtLY ENDORSED om OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MOR~GAGEE WIiNiN TfN DAYS NfXT AFTER PAYMFNT; and 'rn the event that any tFiereof is not paid, sat'sfied snd diuharqed sa:d MORTGAGEE may at any time pay tfie same or any parl thereof without waivi~g or affecting s~y option, lien, equity or •~aht unde~ or by virtue of this mortgage and the full amount of each and every such payment shall be immediately d~e and payable and shall 6ear interest ~.om the date thereof untif paid ar rarc of n~ne pe~ ce~tvm per annum and royether w;th suth interest shall be secured by the lien of th:~ morgtaye.