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Home My WebLink About0639 2~1326 ~ THIS INOENTURE, Msdt the 21 St day of ~C~be! - '`A.D. 19 ~3 between Jaaes J. Reagan and Marie J. Reagan, his wife__ of St• ~'~~Q Co~nty Florid~, hereinafter designered as the "A~ORTGa~'+OR:' ane~ iIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation orp~nized and exi~~inp unde. tM laws o( tM United S~a~~s of Amaica and hav~np i1s pr~~+cipal place of busineu in th~ City of Fort Pi~rc~, St. lucie County. Fbrida, here'u~afar dasiyna~ed_ai tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is jvstly indebt~d /o tht MORTGAGEE in the sum of = 7 i~~ • V~ good and lawfvl rr.oMy of the Un~ted States advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a cert.in p~omis,w~ na~a o( even date herewith, of which the followiny in wtx ~ and_f~.~~: a trw copy. to-w~~: nC~ 1~~ ~10020585 s ,ovv ~ . Fwt Piene. FI«Wv. ~Ce~Q= 21 ~q 73 Fo? val~e reccived, 1, we or eitlxr of ~i, promise to y, withoul deialcation, to the order of FIRST FEDERAL SAVINGS AND tOAN ASSOC~ATIO~1 Of FORT PIERGE af fort Pierce, Fbrids, the sum .of s 7~O~• w;th interest from dats st the ?ate of 9' SO.'o per a~n~m, in monthly install- ' [ ments aa foltows: s 66'~~ on the Z~h d.y of Febr~vary ~q7'a and a like sum on the correspondirg day of each month there- E after un~il the whote be fulty paid. ~ Each installment first shall te app~~ed ~n PaYme~t of the interest ar?d ~hen on the unpaid balence of the princ;pal s~m. If default is made in the i uayment of any installment when due, and such default continues 30 dayi, then at the optan of the holder, and without any other ratice, all the remaining ~~stallmen~s shatl be due and payable at once. Privilege is given 1o prepay ihis note in whole ot in pa~t at any time without pena~ty. Neither forebearance, ; nw uceptance by the holder tlureof afte~ aay default in any paymems hereon, ahall be deemed extension. A lats paymeM charge of S 3~ shall be added to each installment remaini~g unpa~d 7 days afte~ its due date, and e like sum shall be added to each such installment remaining unpaid 7 days after each succeediny psyment date. ~ Each make~, surety and endorser hereof, jointly and uver~lly, waives demand, prcsentment protest a~d notice of protest for nonpayment, and further ~ agrees to iny extension of time of payment, either before or after maturtty, without not~ce to any of us; snd to pay all costs of colleaion, includ~r.g a reasonabk anorney's fee in the evenl of any delault i~ereunder, and hereby severaliy waives all benefit of homestead and a~emption under the constitvtion and laws of each State of the United 5tstes, as against this obligatio~ w any extension a renewal he~eof. Witness the hand snd ual of each parry. (SEAL) s James J. Reaga~ ~A~~ cs~w _ s Mar ie J. Reagan ~ $10. 50 ) State Revmue (9ran+pr esw~eMer ew ~rigwwl~ns~e) pu pox of tecuri m 7•0~• and the rfwmance of ths NOW, THEREFORE, the MORTGAGOR fw the r ng pay ent of tsid sum of 3- P~ covenanls and agreements hereinafter expresxd, and fw d~vers gowl and valwble co~siderations, by these presents, does g~ent, bar9ain, sell, ~emise, release, convey and confirm unto the MORTGAGEE, its tutcessors and assigns, a!1-thst cenain Im, piece or pucel of I~nd, situate, lying, and being in the County of $L. Lucie end State of Florida, dexribed as follows: Lot 5~ Block 1, FLBS2WDOD AiCRBS, accozding to the ~lat thereof as recorded in Plat Book 10 at page 78, Public Records of St. Luc1e County, Florida, t F i F ~ ~ ~ ~ STATE ~F FLORIL7A ~ i DOCUMENTARY.~~,STAMP Tt~X ~ ' c" DfiPT UF P.EYENUE t;` ` M ~ ` N _ P~ _ ~.:C2~'7Jl=,1 r. t " ~ Q ~ ~ { = ~IIOt • ~ ` ~ ~ 0 E ~ ~ ~ 1!1 PAYMEIR t'~ 7N(K ~ ~ - ~n, ~ ouE oh a~ ~~ns~wF ~~sa+"~ puasu+~ri io c,~++?~'rER ~i-i~t. ~cts oF iy~~. M ~ pona?s ~ q.ERfc clliCUIT oouRT~ sT. wc1E oo., Fu ~ ~ 1 I , x ~ ~ ~ rogether with all snd singulsr the tenements, hereditaments and appurtsnces thereunto belonging o? in anywise appertaining thereto, and all renb, issues, ~ proceeds and profits acuuing and to acuue from said premises, all of whrch are included in the above and foregang dexription a~d habendum. TO HAVE AN~ TO HOID the +bove described and granted premises unto the said MORTGAGEE, its successon snd suigns forever. And ihs s+1d ~ their htiORTGP~Q~ ar@ heirs, executon, ~dministratws and assigns, hereby covenanri with fhe uid MORTGAGEE, iri s~ccessws and assiym, L~1C ~ that - Iawfully seized of tF~e ssid premises in fee simple; thst the same are free, clear snd dixharged from ~II I'iens a~d encum~ brances in law w in eqo~ty, and that they w~11 and their he;rs shall wsrrant and defend the title to the same to tha said ° MORTGAGEE, its successors a~d auigns, faever agsinst the lawfvl cfaims snd demands of all pe+swn; • PROVIDED, ALWAYS that if the MORTGAGOR shsil pay unto the MORTGAGEE the promissory note hereinbefwe described and thall truly, promptly and fully perform, dixhsrge, exetvte, compkte, comply with and ~bide by each end evety the stipulations, agreernenri, conditions snd covensnri of said promissory note and of this Mortyage, t}?en this Mwtgsge and the Estate heroby veated shall tease ~nd be nult and void• IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plur~l anywhere ie this Mortgape, shall be sir~ular. if one only and 4 ~ shsll be plvral jointly end severally if more thsn one, and that the word "their" as used anywhere in this Mortgsge ihall be taken to mean "his;' "hen," ` ~ or "its;' wherever the conteat so implies w admit~. Alw, that wherever there ii s refe~ence in the covenants a~d a~reemenri herein contained to any of ~ the parties hereto, the same shall be construed to me~n ss well ss the heirs, kgal representatives, svtcesson snd assigns (eithe? volontsry by atl of the _ parties or invd~ntsry by operation of the law) of the same s~d that the covenants herein tontained shall bind and the benefits snd advantages inut• ~o the respective heirt, legal represematives, tuccesson and ass'9ns of the parties hcreto. qnd said Mortgagors, fa themselves and thei~ hein, legal representatives, successas and suigns, hereby jointly snd severally covenam and ~gree ~ ro and with the said MORTGAGEE, its successws and sug~s: - 1. To pay all and singular tFK principal snd interest and the variovs and s~ndry wms of money payable by virtue of said promissory note, and this ~t - 5~ mwtgsge, each and every, promptly on the days respedively the same severally become due. ~ 2. To pay ~11 and iingvlar the ta:es, ~uessments, levies, lisbilities, obligatans and encumbrances of every nature and kind ~ow on is;d described y~, Property, w that hereafter msy be imposed, suffered, plxed, levied, or auessed thereon, o~ tMt hereafte~ may be lev~ed a useued upon this Mortp- . age, or the i~debtedrxu secured hereby, each and every, whe~ due snd payable, sccordiny to law, before they become delinqueM, ~nd before aoy interest atraches or any penalty is incurred; ANO INSOfAR AS ANY THEREOf IS OF RKORO THE SAME SHAII BE PROFAVTLY SATISfIED AND OISCHARGEO OF ~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIE~) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereo4 is not "£~`-F paid, satsfied and discharged sa:d MORTGAGEE may at any time pay the same a any part thereof without waiviny o~ affecting any optia?, lien, eqvity or •~pht under w by virtue of this mortgage and the iull amount of each snd every such payment shall be immed'+ately due and payable +nd shall bear interest b' ~.om the date thereof urttil psid a~-rate of nine per centum per annum •nd together w~th such intere~ ~s red by t th:a rtwrgtaye. 6001I PA~f ~ - _ _ ~ ~ - ~ ~ _ ~.N_ ~ : _ . . ~ : Y. .~t