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Home My WebLink About2943 2~Q8~3 ~ ~1C~ ^ t ~ ~ . 1 ~ THIS 1NDENIURE. Madq the ~4th day of ~ecember ' A.D. 19_~_, brlween _ ' John W. Lee ~and Gloria Lees his wife . i, of St• LuCi6 Counry Flortda, hereenalter des'rgnated as Ih~ "MORTGAGOR,"~and, FIRST fEDERAI SAVINGS AND IOAN ASSOt1ATtON OF iORT PIERCE, a corporatio~ w9aniied and exis~ing uod~r Ihe laws oF the Unlted Statos of qmerica and having its {uirc~ipal place of busines3 in ths Ciry of Fwt Piace, St. Lucie County, Fluida, herei~a(ter dri~gnated as t~s "MORiGAGEE." _ WHEREAS Ihs MORTGAGOR is ju~tty indebted to ths MORiGAGff in the sum of = 25+20~~ good and lawful money ot the Un~ted S+.~tes adranced by the MORiGAGEE uNO the MORiGAGOR, as ev~denced by a cer~a~n promisswy note of even date herewith, of wh:ch the iollowi~~g in words and liqures ts a ~~ue copy, to-wit: s25~200.00 ~ 100205~7 fwt Pierce, flaida, Deceaber _ 14 ~p 73 Fo~ valve received, 1, wr or e'ether of us, prom~se to pay, without de(alcat~on, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIAT(O~l OF %;~R1 PlERCf a1 ~o~t P;erca, Florida, the sum ot s 25,200~~ w~th inierest (rom date at the ro1e of 9~5 °-o per annum, in mo-ethly install- •,r,,rs as foltows: 5-221'~ on Ihe2~th day of January ~9_74 and a Gke sum on the correspond~ng day of each month ~here- attnr untii 1he who:e ~x fulty paid. Ea:h insrallment tirsi shall be applied in payment of the inrerest and rhen on ehe unpa+d balance o! the prinupat sum. If defa~lt is made in the ; ~;ment of any insfatimem when due, and such default continues 30 days, the~ a/ the op~~on of the holder, and without any o~her nut~ce, all ~he rema~n~ng ~~srallments shall be due and payable at once. Privilege is g~ven ro prepay this note in whole or in parf at any time with~iut penalty. lJeithe? farebearante, nor acceptance by t!x holder thereof after any defau~t in any payments herron, shalt be deemed e~crens'ron. A late payment charge of S 11.05, shall be .,d~ed to each installment remaining unpaid 7 days after its d~e date, and a tike s~m ahall be added to each such instat!ment remain~ng unpaid 7 days atter ` eech succeeding payment date. Each maker, surety and endorser fiereof, join~ly and severa:ty, wa;ves demand: piesentmem protest rnd rwtice of protest for no~payment, and further a3rees to any ezfent'an of time of payrnent, either before or after matvr~ty, wiihout not~~e to any of us; and to pay Mli costs of coflection, ir~c:ud:ng a r- ,+sonable attorney's fee in ~he event oi any defau~t he~eunder. and hereby se+e•aliy wai~ea all benefit of homestead and exemption under tt~e co~stitution ,~d faws of each Srare of Ihe United $tates, as aga~nst fhis obl~garion or any ex~ension or renewal hereof_ Witness the hand and seat of each party. (SEAL) - s/John W. Lee tsEac) tsEnu s Gloria Lee ~5~~~ t_ ~~7•8O t State Revenue K~+*np~sw~eM~~ow~w~wa~wde~ 25 2~~.~~ NO'~Al, THEREfORE, the MORTGAGOR for the purpose of sec~r;ng payment of :aid sum of S ~ and the performance of the :ovenants and agreements hereinafter ezpressed, and fw divers good and ~atvabte cons~derat~erts, by thesa p~esents, doe~ grant, 6argain, sell, rem:se, r~:ease, convr.y and confiim unto the MORTGAGEE, its successors and assigns, a11 that certain {ot, piece or parcel of Iand, iituete, lying, and being in ifie County of St • j.UCl@ and State of Florida, deuribed as fo!7ows: Coomencing at the NW corner of the SB of the NB of the SB of Section 12, To~nship 35 South, Range 39 Bast, run South along the West line thezeof 100 feet to the point of beginning; thence turn and Yun Bast pazallel to the North ; line thereof 101.8 feet to a point; thence tusn and run South parallel to the ~ West line thereof 150 feet to a point; thence turn and run West parallel ~rith j the North line thereof 101.8 feet to a point; thence turn and run North parallel E v.ith the West line thereof 150 feet to point of beginning; said land being ~ also described as the South 25 feet of Lot 40, and all of Lots 4I and 42 of an ~ unrecorded plat of SB ~ of NB 1; of SB ~ of Section 12, Toamship 35 South, Range 39 6ast. ~ ~ :o ST.4Z"E FLORlD~'a i ~Rsi~~ ~ ~o..y~~ : UOtUM~IV~ARY,r~;-,~S7AMP ;l~~ + Tt~~VIF T~X f _ ; DEPt 0i P.fYENUE~:• -i y~~. ~ RECElYED IN PAYMEt~(i OFTAXES _~.-i.17'r3 O i. ( O DUE ON CUITS "C' IKT tWf PERSQNAI ~:Cr'~RIY. ' a ~ ~P - - ~ . : ~ ~ 3 6. T ~ ~ ~ - ~ Pu~xr m c~u+vr~ ~i.~~ ~cTS o~ ~5,?~ ~ i RocEx Parw?s ' R ; CIERK CtRW1T GOURT, ~T. U1ClE 00, FUt. 3 ~ 3 ta~ether with all and singular the tenements, hereditaments and appurtances thereunto belanging or in anywise appertaining thereto, end atl rents, i:sues, ~ proceeds and profits accruing and to accrue from said premises, all of which are includcs! in the above and foregoing dewiption and hsbendum. y TO HAVE AN TO HOID the above described srd granted premises unto the said MORTGAGEE, its s~ctessort and sugns forever. And ths taid ~ ~heir z M110RTGA R fw heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succesaors and essiyns, ~ ~i,at - t~e~l are lawfully seized of the said premises in fee simple; that the same are free, ctear and discharged from af! liens and encum- ' ~ b.ances in law or in equit~, and that they M,~~~ a~d t11@2I' heirs ahsll warrant and defend t}x tifle to the same to the said 5 h10RiGAGEE, irs successors and assigns, fwever sgair.st the lawful claims and demands of all persons; _ PR~YIDfD, AlWAYS that if the MORTGAGOR sha~l pay unto the MQRTGAGEE the promissory note he~einbefore deuribed and shall truly, promptly ar:d fully perform, d~scnarge, e:ecute, comptete, comply with and ab~de by each and every tiu stipulatio~s, agreemenK, conditions and covenants of said a premissory rate and of this Martgage, then thi~ Mortgage and the Estate hereby created shal~ cease and be null and void. tT IS UNDERSTOOD that the wwd "Mortgaga" whether in the s+ngular or plural anywhere in this Mortgage, shafl be singular if one only and shall be ptural jointly and xverally if more than one, and that the word "the~r" as used anywhere in this Mortgage shali be taken to mean "his;' "hers," er "its:' wherever the context so implies or admits. Also, thal wherever there is a reference in the covenants and agreements herein contained to any of - rhe parties hereto, the ssme shall be construed to mean as wetl as the heirs, legal representative~, successon and sssi9ns (either volvmary by ~ct of the " parties or involuntary by operation of the law) of the same a~d t6at the covenants herei~ contained shal! bind and the benelits and advantages inure ~ ~ ro the respective heira, legal representntives, successors and asvgns of the parties Fxreto. ~ 3 And said Mortgagors, for themselves and their heirs, tegal representatives, successors and assigns, F~ereby jointly and severally covenant and agree ~ ` ~o and with the wid MORTGAGEE, its successors and assigns: ~ ' 1. To pay ell and singular the principal and interest and fhe various and sundry svms of money payable by v'urve of said promissory note, and thia ~ z morrgage, each and evr~y, promptly on the days respedively the same severally become dve. Q~ ~ ~ 2. To pay ~il a~d singular the taxes, assessmems, lev]es, liabititie~, obligationi a~d encumMsnces of ever ns~ure and kind rww on ssid described c~ property, w that hereafter may be imposed, suffred, placed, levied, or assessed thereon, u th~t hereafter may be levied a assessed upon this Morty- age, w the i~debtedneu secured he?eby, esch and everp, when dve and psyabte, accading to Iaw, before they become delinq~ent, and befora any interetl a+raches or any penalty is incurred; AND INSpfAR A$ ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMP1lY SATISF(ED ANO OISGHARGEO OF ~~CORD AND THE ORIGItvAI OFFtCIAI UOCUMENT (SUCH A5, FOR INSiAMCE, iHE 7AX RECEIPT DR THE SAii$FACTION PAPER OFFICIAIIY ENOORSED s OR tERTIFIED) SMAII BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ~he event that any thereof is not a+d, sat'sficd and discharged sa:d /AORIGAGEE may at any time pay the same or any part thereof without waiving or affecting any oprion, leen, eqvity or _ •~~ht under or bytii~ruc of this mortgage and the full amount of eacn and every such payment shall be immediately due and payable and sha~l bear interest f.om tlx date thereof until paid at rate of nine per cemum per annum a~d toge~her w~th such interest shall be secured by the Iien of ~h's magtage. 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