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Home My WebLink About1277 - - ~ w - _ _ , 2s~so~ ~ . THIS IkDENTURE. MaJ~ tl+e • 27th ~y of Noveciber ~ A.d. ~9 73 betxeen A l6RICAN t~OMFS AND ~tOR'1't'AGE, INC. , a Florida Corporation of St . Lucie ~~~h F~a;~ ~~;~{~H ~s;9~atcd as tM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORt PIERCE, a torporat~on or9an:zed a~d ex~u~~g under tM taws of the Un~ttd Sut~i of Ameriu a~d Mving et~ principa! placs of buw+eu in th~ City of Fort Pwrci, St. l~t;e County, flwida, FKreinaher deigna~ed ~s the °MORIGAGEE:' WHEREAS fhs MORTGAGpR is jvitly indebt~d ro 1he MORTGAGEE in the sum of = 24 good snd lawful money of the Un:ted S~ates adranced by the /AORiGAGEE unto tF~e MpRTGAGOR, as e~~dr~xed by a certa~n promisswy note of even da~e herewith, of wh:ch the follow~ng in wordt a+d figures is a true copy, to-wit: s 24s~•~ 10020545 Fwt Pisres, Ftwida, 1~ovember 27 197~` fw value received, 1, we w either of us, prom;se to pay, w~thovt dafa'ca~:on, to the ordr~ of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF iQRT PIERCE at fort P~erce, farida, ~he sw*+ of S 2'~•0~•~~__ w,fh mtrrest irom date at the rote of per annum, in monthly ~~sra~l- ~rms as fo~:ows: S 2~•~ on the ~th day of _~8rC~1 ~q _74 and a like sum o~ 1he correspond~ng day of each month fhere- after unril the who:e be f~tly pa;d_ Fach ;nsralimenr f:~st shall be app'~rd :n pay~nent of tFM interest ano tnen o~ the unpa~d balance of the princpal sum. If default is made in the ~a~ment of any insta~iment whe~ due, aod svch defacft cont~nues 3p dars, then at the option of the hofder, and without any other not~ce, atl the rema~n~ng ~~sra~:ments shaii be d.,e and pay~a:e at once. Privi~ege is g~wen to prepay th;s note in whole or in part at any t~me without penalty. Neither forebearance, nor xceptance by the ho:drr ~hereof •fter any default in any paymeors he~eon, shall be cfeemed extension. A Iate payment charge of 5--~-=i~all be acJed to eacF~ ir,s~aliment remameng unpa:d 7 days aftet ih due date, and s+~ke wm shall be added lo each such installment remaining unpaid 7 days after ~ each succeed~ng paymem dare. Each makcr, surety and endorser he~eof, jo,n?:y a+~d sereralty, wa~res demar.d, presentment protest and notiice of protest iw nonpayment, and further a9~ees to any extens~o~ of ~6me of payment, eitner before or after marunty, •~.Rhout notrce to any of us; and to pay all costs of collection, includ:ng a reasonable attwney"s iee ~n ihe even~ of an~ de.'a~:t here+,nder, a.~ here6~ severatly waives aN bertefit of homestead and exemption urxler the constituYan ~~~d laws of eact+ S~ate of fhe Gn;red S~ares, as aga~nst th~s ob6ganon or any earens~on a renewal hereof. w~f~s thc haod and ual of each party_ A~~IERICAN t#OP1ES AI~O ~10RT~C'~AGE~ INC. (SEAL) ~Y: Ls/ William A. Anderson, PresiQ~jqx Corporate Seal Affixed ~ tsFnu ~ ---•A=?EST:/s/ Verna L. Anderson, Secretar~~ z $ 36 t Sta~e Rcvenue :S++wp...woc.~4d ar.origi~al ++.+d . + - NO'N, THEREFORE, rhe MORTGAGOR for the 24 ~(~O. ~ purpose of securing ps~ime~t of said sum of S and the performencc of the :o:enants and agreemenrs hereinsftcr e~cpreaxd. and far divers good and vatvab:e consedrrat~ons, by thex presents, does grant, bargain, seli, remise, -e'ease, con~ey ard conf;rm ~nto the Jy10RTGAGEE, its successors and ass~g~s, at1 fhat ce~tain iot, piece or parcel of land, situate, tying, and being in the :uunty of SL . Lucie and State of Ftorida, dew~bed as fol(ows: Lot IO, Elock 99, LAKEWoOD PARK, UNIT r~0. 8, as per plat thereof on file in Plat Book 11, page 19 of the public records of St. Lucie County, r=lorida F~~`~"-~~' 1 STAT`~j ~F Sit.MPy'f-> I nn ~O~-V~~l~~a~ - f~~' ^ t '.v `n ~ys?T. OF RfY~11Uf . ~ y ` i~ECE1VE.ri i~~ - :ri Pn Mttr': •.r+X~+ N ' Pa qti1f 3'v'73~ ~ 3~• O O i pl~ ON L'LAtS `C' IMTIit~utBlE PE• ~ c +L ? 'prRP'~ o =~~~u~_ ~ PURSiUWi TO CFWPiER 71-134, ACiS OF 19IL r ROCER POtTRAS ~ CLERK CtRCU1T COURT, ST. LUCIE 00~ tU. fogether w+tl~ all and singular the tenemenn, hered:taments and appurtances thereunto belongi~g w in anywise sppertain'~g thereto, ar.d all rents, issues, F~oceeds and profin acuutng snd to acuue from said premises, all of which are included in the above and foregang deuription and habendum. ; TO HAVE AND TO HOLD the above dew~bed and granted prem~ses unto tt~e said MORTGAGfE, its successors and assigns forevev. And t}» said !~ORTGAGOR for t~1 r-- he~rs, executws, adminisrratws and assigns, hereby corena~ts with the said MORiGAGFE, its successors snd assigns, rhaf ----~-g3~ a rg tawfulty u~zed of the.sa;d prem~ses in fee ~~mp1e; that the same are free, dear and dixharged from sll licns snd encurr~ bra~ces in law or in equ~ty, and thar they ~ their heirs sF~all warrant a~?d defend the title to the same to the ssid MORTGAGEE, in s~ccessors a~d assgns, fo~eve~ against the lawful claims and demands of all pertons; PROVIDED. ALWAYS that if the AhORTGAGOR shall pay umo the MORTGAGEE the promisaory note hereinbefwe deuribed and shall trufy, promptfy and fully perfwm, d~xharge, e~ecute, tanpkte, comply with and ab~de by rach and every the stipulations, agreemenb, conditions and covenants of sa+d prom~ssory ~ote and of rhis Mortgage, t}~en this Ahortgage and the Estate hereby veated shall ce~se artd be nvll end void. IT IS UNDERSTOOD that the word "Mortg~ga° whetfier in the singufar or pluraf anywhere in this Mwtgage, shall be singulat if one only a~d shall be plur~l joi~tly and severally if rtwre than one, and that tAe word "rheir" as used anywhere in this Mwtgage shall be t~ken to mesn "his;' "hen;' or "ih;' wfierever the contezt w implies o~ ~dm;ts_ Also, tF~at wherever there is a refnerxe in the covensnts and sgreements herein contained to any of ~ ehe parties hereto, the same shall be cautrued to mea~ ~s well as the heirs, legal reprssentatives, succeuors snd auigns (either voluntary by act of the pa.ties or i~velunrary by ope.ar:on of the !aw) of the same and that the covenann herein contained shall bind and the benefin and advantages inure +o the respective he'as, kgat rcpresentatives, succeswrs and au~y~s of the partiq hereto. And ssid Mo.tgagors, fa themselves and the~r hein, tegal representatives, successws and suigns, hereby jointly and severally covenam and sgree ~ ro snd with the said N{ORTGAGfE, irs succestors and au+gr+s: ~ d 1. to pay al! and sh~gular rhe principal snd ime.est u~d the various and sundry wms of money psyable by virtue of ss~d promissory note, and this ~ mortgage, each and erery, promprly on rhe days respectively tFro same several~y become due- 2. To pay ill and sing~lar the ta:es, sssessmenb, kv'~es, Gabilir;es, obl'g~tioru and encumbr~ncei of every natwe and kind rrow on said dexribed prope~ty, o~ thal hercafter msy be ,mposed, suffered, pJ~ced, leried, or assessed thereon, p that hereafter may be levied p usessed vpon Ihis Mwtg- age. o~ the indcbtedness secured hereby. each a.~d every, when dve and payable. according to Isw, lxt«e they become detinquem, snd before any interest ~c attaches or any penalry is i~curred; AND INSOfAR AS ANY THEREOf i5 OF RKORD THE SANIE SHAIt 8E PROI~APTtY SAilSF1ED AVD DlSCHARGED OF p RECORO AND THE ORIG!?~AL OFFICIAt OOCUMENT (SUCi1 A5. Fpq INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAtIY ENDORSED OpD O~ CERi1F1ED) SHAit BE PIACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; and in the event that any thereof is not pa:d, sat s(ied and dixharged u"d ~M(?R7GAGEE may a~ any t,rrK pay the same w any part thereof without waiviwg or aftecting any option, lien, equity a •~qht ur+der a by r.rt~,e pf this morryage and tfie fvil artw~ot of each and every such payment shall be immediately due and payable snd shall bear ~nt~?est ~rpm the date fhereof un+il p~:d at rate oI n~ne per ce~~um per annvm and together w,rh svch i~rerest shaN be setured by tbe lien of lh:s morgt~ge.