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Home My WebLink About2826 2'70'741 ~ 4 THIS INOfNTURE, Ntad~ the~~- day oi December ~ h*~ ~ Ab:'1!-.~.3., bctween _ Demon B. I1lgrem~,n i Meld~, j1~gr~i g wi~p of St. Lucie ~p~~ty Flwida, he~einaltN dssignated ~s tM "MORTGAGOR;' and FIRST iEDERAI SAVINGS AND LOAN ASSOCIATtON Of FORT PIERCE, s co~por~tion orya~ized and existing under the tav~~s of ths Uniled Stat~s of A+nerica and hsvirg iri principal place of business In the City of Fort Pixc~, St. lucie County; Flaida, hereinahs~ des~gnated as ths "MORTGAGEE:' WHEREAS the MORiGAGOR ii jvttly indebted to the MORTGAGEE i~ the sum of S 12 ~ 000 ~ 00 , good and law(ul money of the Un;ted State~ advanced by the MORTGAGFE unto the MORiGAGOR, as evidenced by a cer~a~n promiuay oa?e of even date he~ewith, of wh;ch the ioltowing i~ wwda ~nd l'pvrer i~ a vvs copy, to-wi~: s 12.r.,fl.~1L ~ ,,,010020K7 3 Fort Pierc~, flwida, DACBmbAr 1~, ~y.F3-. For v~lue received, i, we w either of us, promise to pay, withouf defslcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSQCtATiOIV Of FORT PIERCE at Fort Pierce, Fbrida, fhe sum of s 12a~~~~0~ _ w;th i~~erest from date at the rate of ~.l~~o per annum, in mon~hly instal!- ~nents as follows: = 126 s Y,~ on the _L~LSe~']day of J anuc~r~._, ~9 ~ and e(ike sv~n on the correspond;ng day of each month there- after unti) rhe whole be tul~y paid. ~ac ~ installment first shall be app!ied in payment of the interest and fhan on the unpaid bala~ce of the princtpal sum. If default is made in the payment of any insraltment when due, and :uch default continues 30 days, the~ at the option of the holder, and without any other rat~ce, all rhe remaining ~nstallments sha~t be due and payable ar once. Priv+lege is given to prepay this note in whole or in part at sny t~me without penalty. Neit~her f'o^rebearance, nor acceptance by the holder thereof aSte~ any aefault in any payments hereon, ahall be deemrd exlension. A late payment tharge of S__~-~.]][, shall be added to each installment remaining unpa~d 7 days afte~ ita.due date, and a iike sum shall be added to each such instaitmenl remaining vnpaid ~ days aiter each succeeding payment date. Each maker, surety and endcxsrr hereof, joinlly and several~y, waives demand, presentment protest and r:otice of protesl fw nonpayment, and funhe~ agrees to any extension of time of payment, eithe~ before or after maturity, wi~hout not~ce to any of us; and to pay all costs of coitection, inctud:~g s reasonabte attorney i fee in the event of any defau~t hereunder, and he~eby severaliy waives aU benefit of homestead and exemption under the constitution and laws of each State of the Un;ted Siates, as egainst this ob6gatioo or any e,c~ension or renewal hereof. Vliitness the hand and seal of each party. S~ Damon B. Ingrem (SEAL) lSEAI) S/ Me1dA Ingram (SEAL) ~18.00 ~ s,ere aevcnue tsE/w a~s~d NOW, THEREFORE, the AAORTGAGOR for 1F~e purpose of secu~ing paymenr aF sa~d sum of j 12~ ~~~~~n snd tl~e pcrformartce of the covenants and agreements hereinafter expreased, a~+d for divers good and valvabfe cor.siderat~ons, by these presents, does grant, bargain, sell, remise, release, convey and conF~rm unto the MORiGAGEE, its succeswcs and asslgns, ail tha~ certain lot, piece or parcei of tand, aituare, lying, and being in the County of S r• j•~~ - j. E1 ~ and State of Florida, de~cribed es follows: The South half of Lot 37 and all of Lot 38, Block l, of AMY ANNA PARK SUBDIVISION, as pe^ plat thereof on file in Plat Book 4, at pa~e 72, o£ the public records o£ St. Lucie Coun~y, Florida; ? - '~i~ A ` - ~1~~~Mp--~~ 1 ~F si ~ - 0 s~~ P~~ N~NU E~%'-~''~'s - 18- . r ' v D4-p ~ t.G~~r ~ ~ ~ ° " % ~ RECEIY@ ~ !N PAYMEKi Of TA~(ES s-a `isc~ . DIIE Oil GASASS ~C' INTANGIBIE P~~SO::AI PROPER(Y~ ; o' PURStIAtIT TO G1RPiE4 71-13l, ACiS OF 191Ly~ ~ j R06ER POITRAS ~ ~ CLFRI( CIRpJIT COURT, ~f. LUCE FU, Y I F t { ~ ` together with all and singular the tenements, hereditaments and appurtances thereunto befonging o? in snywise sppertaini~g thereto, and all rente, issues, p~oceeds and profits acvuing and to +ccrue from said premius, ali of wfiich are included in the above and foregang description ar~d habendum. ~ TO KAVE AND TO HOLD the above destribed and granted prem~ses unto the ssid MORTGAGEE, ita sutcesson snd assignt forever. And ths said ~ MORTGAGOR for -~h~~---- heirs, executon, administrators and assigns, hereby covensnts with the seid MORTGAGEE, its sutcessors and auigns, i E that ---~~--~'B- lawfvlly seized of the taid prem;ses in fee simple; that the same are free, clear and dixharged from all liens and e~curt?- ~ brances 7n law o? in equity, and that~@.~L_ will snd their heirs shall warnnt and defend ~he title to the same to the said MORTGAGEE, its successers and essgns, fuever against the lawful claims and demands of ~II persoru; ! PROVIDED, AlWAYS that if the MORTGAGOR shall pay vnto the MORTGAGEE the promisso?y note hercinbefore described and shall truly, promptly and fully perform, discharge, execute, cor?+plete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mwtgage, then this Mortgage and the Estate hereby created sF~all cesse and be nul) and void. ; 11 IS UNOERSTOOD that the word "Mlortgagor" whether in the s~ngular or plural anywFxre in this Mortgage, thall be singular if one only snd :hall be pluret joimly and severatly it rtare then one, and that the wad "the~r" as vsed snywhere in this Mortgsge shall be taken to mean "his;' "hers;' ~ or "its;' wherever the context to implies w admits. Also, that wherever there is a referente in the cwenants sr?d agreementi herei~ contained to +ny of the panits he:eto, the same shall be construed to mean as weli ~s the heirs, legat representatives, sutceuas and asiegns (eitlur voluntsry by +ct of the partie~ or invo~untary by opersfion af the law) of the same and that the covenants herein contained shall bind and the benefib and advantages inure to the respective heirs, legsl representatives, successas and sas'gns of tM parties hereta. And said Mortgagors, fw themselves and tfieir heirs, legal representatives, successws and assigns, hereby jointly a~d Kvera!!y covenant and ayree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay s!I and singular the principal and inte~est and the var;ous and sundry sums of money payable by virtue of said promissory note, snd this mortgage, each and every, promptly on the days ~espea~vely the ssme severally become due. 3 2. To pay all and singvlar the taxes, assessments, kvies, liabilities, obligst~ons and encumbrsncet of every nature ar?d kird raw on said dexribed prope~ty, or that hereafter may be imposed, suffered; placed, levied, or suessed thereon, d that heresfter may be levied w usessed upon lhis MwtQ~ 3 age, or the indebtednes~ secvred hereby, each and every, when due and payable, accordirg to law, befwe they become delir?quent, ~nd before any iMerest ° attaches or any pe~alty is incur:ed; AND INSOFAR AS ANY THEREOf IS OF RfCORU ?HE SAME SHALL BE PROMPTIY SATISFIED AND OISCHARGED OF : RECORO AND THE ORIGIKAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPI OR THE SAIISFACTION PAPER OFFICIALtY ENDORSED OR CERTIf1E0) SMAII BE PlACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NFXT AFTER PAYMfNT; and in the event that any the?eof is nof ; pa~d, sat'sfied and d'+scharged sa:d MDRiGAGEE may at any time pay the same o~ any part thereof withovt waiving o? affectirg sny opt:on, lien, equity or •~qht under w by virtue of this mortgage and the full amount of esch and eve~y tuch payment sh~ll be immediately due and payable and shatl beat interest i. crom the date thereof vntil paid at ra~e of n~ne per cent~m ptr annum and together w~th such jptYes I be secured by fhe lien of th:s morgtaye. 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