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Home My WebLink About1667 2'72006 ~ ~l . ~ , ~ , . THIS IN~ENiURE, 1Wd~ ~h. ~3r~ d.y oi I~overnher n.~. ~9~~ b.eweM J. fiuward Cl~.y~tnne anc~ Ida C Cl~y.yst~e, hiG titi' ~ - of St . Lucie ~p~~~y Florid~. hereinatte~ dsignated as the "MORTGAGOR,', and fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a co~paation wpani:ed and ex~sting under th~ laws o1 tM Unired St~t~s of America ~~d Mvinp iM principal plac~ of buuMU in tM Ciry of Fo~t Piacs, St. l~cie Covnty, florida, hereinaNer despn~~ed ~i tFM "MORTGAGEE:' WHEREAS tM MORTGAGOR is ju~tly i~deNted ro tM MORTGAGEE in ths sum of • , good and lawful morxy of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promiuory no~e of even dste herewith, of which }he fdlowirg in words a~d figuros is a true copy, to-wih s 20,,400.00 " ~,~-t~~n~-$-~- Fort Piert~. florld+. 1\Tnvnm~Je,r~3 ~ 19~3- Fw value rcceived, 1, we or eirher of us, prom~se to pay, wi~hout defalcation, to the orde~ of FIRST FEDERAL SAVINGS ANU LO.:N .+?SSO~;}ATION Ot FORT PIERCE at Fat Pierce, Florida, the sum of f~_s-`}~v with interes~ from date at the rate of9_2~ per snnw~, in monlnlY insrell- ~nents as follows: S 1H? . ~n o~ the 2Othday of ~~nuary . ~9 snd + like sum on the cwrespon~!~ng day ot each ma:`h tlwrr after until the whole be fully paid. Each installment first shall be applied in psyment of the interest and then on the unpaid balance of the princ~pal sum. If default is mad~ in the payment of any instaliment when due, and such default continues 30 days, then at tF+e option of the holder, and without any o~her notKe, aSl ~he rcr.iaining ~nstallments shatl be due and payabte at once. Privitege is given to prepay thia note in wFwle w in part at any time without penalty. P7~sither f~xebrararxe, nw acceptance by the holder thereof after any default in any paymcnts he~eon, sMll be deemed e:tension. A late payment charge of : 9• 35 shall be added to each installment remaining unpa~d 7 days afta its due date, and s like su~~ shatl be added to each such installment remaini~g unpaid 7 days after each succeeding payment date. Each maker, su?ety and endorser hereof, jointly ant! sever~lly, waives demand, prcsentment protest and notice of protest for nonpayment, s~d funher aqrees to sny extemion of i~me of payment, either before w aFter maturity, without notice to any of us; and to pay all costs of collection, includ~ng s reaso~able-~ttorney i fee in tFie event of any defautt hereunder, and hereby seve.ally waives all benefit of homestead and exemption under the corulitul'an a~,d laws of each S~ate of the Un~red States, as aga~nst this obl~gation a any eatens~on w renewal hereof. Witness the hand a~d seal o; each party. S.~ J. Iioward Clugstone ~EaU cs~?u S,' Ici~a?~~E: ~lugstone ~~U $30.60 ~~u r 1 state aevenve 26Did~Y YaKr]~1~WCaWCOI~[~LRddt~ipC NOVV, THEREFORE; the MORTGAGOR for the purpose of seturing payment of ssid sum of S ZQa . a~d the perfwmance of the covenants and sgreements hereinafter expreued, and for divers good and val~able coroiderations, by tFiese presents, does grant, bargain, uil, ~em;se, release, convey and confi~m unto the MORiGAGEE, its succeswrs and auigns, all that ceruin lot, piece u parcel of Iand, situate, lying, snd being in the County of $t . L'uC 1 e - a~d State of Flwida, desvibed ~s follaws: . • ~i~artment ~.o. 201, Buildinc~ III, oS' ISLE11~`D 1-~OL'SE CONDOMINILT;S, PIiASE I, :~~~cording to the Declaration of Condominium and all exhibits thereto dated ay 23, 1973, recorded !~:ay 29, 1973 in Official Rer.ords Bcok 214, pages 1858- ?933, of the public recore~s of St. Lucie County, Florida, together with all of its appurtenances according tc~ saici Declaration of Condominium and all exhibits ;.:zereto and toyether with all ten~ments and hereditaments thereto belonginc~ <~r in at~ywise appertaining to said apartme:~t. :;ubject to the terms, covenants, a~reements, oblic~ations and provisions of ~aid Declaration of Condominium and all exhibits tnereto which the mortgagor in ; all things does covenant to mortgagee faithfully to observe and perform. E F ~ ~ STATE ~F FL.JF?+£~A ~ go ~T~ ~ oZ ~ DOCU~NIARY~-.'~STAMP .°t~a. ~ ? ~hPAY?ID~~~Rn. ~ c~ UEPT.OF REYENUf t'i/~~ R~~~~ ~ z~ " ~ g ; _ ~i~:•3•N~~ J 6 0~ D1~~N ~ E~71.134. ACTS OF 19f1.~j[ - Pfl. TO RRJ?S i ~ =tiia2 ~ pU~T ~tpGER P~ ~E dp, A1~ ~ ~ CLfAK CIRC~R st ~ ~ ~ ~ rogether with all and singvlar the tenements, hereditaments snd sppurtsnces thereunto belonging w io snywise +ppertaining the?eto, sod all rents, iuves, procecds and p~ofits acuuing and to acvue from said premises, all of which are included in the ~bove and foregoing deuript'wo and habendum. TO HAVE AND TO HQtD the above described u?d granted premises unto tFie tsid MORTGAGEE, its successon and suigns forever. And ths said ~ MORTGAGOR for th~'1 r-_- heirs, e:ec~tors, administrators and auigns, hereby covenants with the uid MORTGAGEE, iri successon and ~sti~ns, ; " ~hat rE'-- lawfully ui~ed of the said premises thellple: thst the same sre free, dear and diuharged from all liens and encurtr " ~ brances in law or in equity, and that hey will snd heirs shsll wurant and defend the tiNe to ihe same to the ssid ~ MORTGAGEE, its s~ccessors and auigns, forever sgairut the lawful claims and demands of a!1 pe~tons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry rata hereinbefwe desvibed and sMll truly, promptly - and fully perform, d~uharge, execute, comptete, comply with and abide by each and every the ~tipulations, agrecments, conditioro +nd covenants of said promiuory note and of this Mortgsge, then this Mortgsge and the Estate hereby ueated shall cease ud be null and void• ` - IT IS UNDERSTOOD th~t the word "Mortyagw" whNhe? in the singular w plural ~nywhere in this Mottgage, ahall be singulu if one only and y shall be plural joiMly and severally if more than one, and that the word "their" as used anywhere io this Mongage shall be t~keo to mean "ha; '"hen; ' F°; or "its;' wherever the context so implies or admits. Also, thsf wherever there is a re(erence in the covens~ts and sgreements Fxreim m~t~i~ed to ~ny o~ - the p+rties hereto, the same shall be construed to mes~ as well ss the heirs, kgal rtpraentativa, successon and suigns (either voluntary by ad of the sj parties w involuntsry by operaY~on of the law) of the ssme and that the covenants herein contained shall bind and the benefin iAd adwntsges inure fo the respective heirs, legal represe~tatives, svccessws and au~gns of the panip hereto. And said Mutgagon, for themselvea and their F~ein; legal representatives, successon ~nd auigns, hereby jointly snd severally covenant and s9ree ' to and with the wid MORTGAGEE, its successort and ssigrn: ~ 1. To pay sll and singular the printipal and imerest ~r?d the variovs and susdry wms of money payable by virt~e of said promissory note, and thif mortgage, each ~nd every, promptly on the days respectively tFx same severally become due. ~ ' 2. To psy all snd ~ingvlar the taxes, sssessments, tevies, liabilities, oblgata~s and enc~mb~ances of every nature and kind now oe said desvibed # property, w that heresffe~ may be impoted, s~ffered, plxed, kvicd, or +ssessed thereon, w thst henafter msy be levied a usetsed upon the Mort¢ ; ' age, a the indebtedneu secvred hereby esch and every", when dve and psysble, according to Iaw, befae they become delinquent, and be(ore any interes~ attaches or sny penalty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIE~ AND DISCFIARGED OF RECORO AND TME ORICaItvAl OFfICIA~ pOCUMENT (SIKH AS, FOR INSTANCE, THf TAX RECEIPT OR THE SATISfACT10N PAPER OfflCiAllY ENDORSED OR CERTIFIEO) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; snd in the event thet any tFx?eof is not ~ paid, sat:sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof witkwvt waiving a affectiny any option, lien, equity a = •~qht under a by virtue of this mortgage and the full amount of each and every such payment shall be immediately due ~nd payable and shall bear intere~~ ~ ~rom the date thereof until paid at rate of nine per centum per annum and togelher w~th ivth interes~sh~all ec red by t e o th:s morytpe. P ~~~1~ _ ~ ~~CK A6E _ . _ . _ , . ~ ;L - ~ ~ ; ~ _,~WS.,., _ _ _ . . r~_~~~