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Home My WebLink About1136 ~ 2 ~ 36~'7 TNIS IN~ENTURE, Made the 28th day of JARl1aY~7 A.D. 19~ tretwcen _ John C. Vance and Marie L. Vance, his wife ~ of Rt. [.UCl@ , County ftorida, hereinafte~ desynared as the "lNORTGAGOR." and f1R~T ~EDERAI SAVINGS AND IOAN ASSOCIA?ION OF FORT PIERCE, a corpo~ation wganized snd existing under the taws of tFrs Unitcd Sta~as of Americ~ aRd having its principal place of busineu in the City of fort Pieres, St. luca Counry, fbrida. FKreinafter des~gnated as the "MORTGAGEE:' WMEREAS the MORTGAGOR it ju~tly int{ebttd b tF~e MORTGAGEE in the sulft of 5-19~ i~ good and lawful mo~~ey of the Un:ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidaiued by a certain prom~aswy note of even date hc~ewith, of wh~ch the falow~ng in v.ord~ and fiqures is a true copy, tawit: s I9,600.00, ~ ~ _ ~ 1002(l61 S fort ~;e.ce. F~o,;d,, _ Jan ua r v 2 8 ~ q~_ For vatue received, 1, we w either of us, promfse to pay, without defalcar;on, to the order of FIRST FEOERA~ SAVINGS AND LOAN ASSOGIATION OF FORT PIERCE at Fort P+erce, Flo~ida, the sum of s 19, 600. Q~ r,,;rh in~ereit from date at the rate of 9• 2S'o per annum, in monthly instalF ~nrnts as foliows: S 168•~~ on the ~th day of MaY 19_ 74 and a like sum on the cwrespond~rg day of each month there- after .~ntil the whole be fully paid. Each installment first shalt be apptird in payment of the interest and +hen on the unpaid batance of the prinupa) sum. If default it made in the Fayrnent of any insta!lmen~ when due, and suth default continues 30 days, then at the option of the hoider, and without any other notice, ail the remaining ~nstallments shall be due and payable at oncr. Privilege is given to prepay this note in whole w io part at any time without penalty. Neither forebearsnce, nor acceptance by the holder the~eof a(ter any default in any payments hereon, shali be deemed extension_ A(ate payment charge of 3-- 8~~shall be added to each insrallment remaining unpaid 7 day~ afrer its due date, and s I~ke sum shall be added to each such inatallment remain~ng ~~peid l•days after each succeed~ng payment date. Each maker, surety and endorser hereof, jointty and seve~ally, waives demand, presentment protest and notice of p~otest fw nonpayment, and funher agrees to any extension of tfine of payment, e~the~ befo~e or after matw7ty, wiihout not;ce to any of us; and to pay all cosb of collect~on, indud:~g a reasonable attorney's iee in the evenl of any defauit hereunder, and hereby severally waives all benefit of homestead and exempteon under the con3titution ' t ~~~d Iaws of each $tate of the United States, as against this obl;gatian or any extension or renewal htreof, Witness the ha~d and seal of each party. ~ s/ John C. V anc e (SEAL) r . , . . ' (SEAL) (SEAI) 29 ~ s/ btar ie L. Vance ~U . ( ~ State Revenue ` t9?amps t~nc+eMedroe~v!igiink nons) 19 600 00 NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~~ment of said s~m of S ~ • „ and the performance of ths covenants and agreemen~a hereinafter expressed, and for divers good ard valuab'e conside~ations, by theae presents, dces grant, bargain, sel!, remise, re~ease, ,convey artd confirm unto the MORiGAGfE, its s~ccessors nnd auigns, all that certain lot, piete p parcel of land, situate, lying, and being in the ~uunty of St . L uc ie and 5tate of Fbrida, dewibrd as followt: Lot 27, Block 149, LAKE~+100D PpRK UNIT NO. 11, as per plAt thereof , on file in Plat Book 11, Pages 32A,32B, 32C, and 32D, of the Public Records of St. Lucie County, Florida, . . ; " i ~~f~ p~ ~ ~ F ~ i R, ~ 1 ' . ~ .~F _ 5% ~ c~('P`~ µ~P,,~~.f~:~,'~ Z9 ; . o~v ~ ,,E;? z y ' s o~= , ~ ~ ` ~ s. v_~? ~ ~ S ' RECEIYED ~ v IN PAVidENf OF ~f11X~ % p8~ ~~?~,S •C INjAtlGl6lE Pf~SOtiJ1l PROPEfQYi i s~n ~ ~ \1102 ~j . p~pgW~1T i0 C t 1 A~~`a ri-134. ACiS Of 191L ~l// ~ o Rp~,~p POITRAS U ~ . ~.E(tf( CIRq1R C~T. Si. WCIE tn.. FVI. ~ ragether with al: and singular the tenements, hereditaments and aopurtances thereunto belor.ging w i~ anywise sppertainirg thereto, and a!! ~ent~, iuues, i proccecls ar?d profits accru+rg and to aarve from said premises, all of which are ir?cluded in the above and fwegOing descriptiw~ and habendum. TO HAVE ANO TO HOID the above desv~bed and granted premises unto the said MQRTGAGEE, its suuessors and ~ssgns forever. And the said MORTGAGOR for Lt1elY ~~~s, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successw~ and assignt, ~ rhat --the.yl -~r~- lawiully seized of the said premises in tee simple; that the same are free, clear snd discharged from all liens and encum- ~rances in law or in equ+ty, and that they W;~~ a~ the ir heirs shall warrant and def=nd the title to the s~me to the ssid MORTGAGEE, its successors and aui9ns, forever agaenst the lawful claims and demands of all persons; PROVIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note herei~befwe described and ahall truly, promptly and fully perform, discharge, execute, complete, comply with and a6ide by each and every the stipulations, agreements, conditions and covenants of faid promissory note and of this Mortgage, then this Mortgage and the Esrate hereby vea?ed sha!! cease and be null and void. li IS UNDERStOOD that the word "Morrqagor" whether in the singular a plu~al anywhere in this Mortgage, shall be singular if one only and ~ shall be ptural 'pintly and severally if more thsn one, and that the wo~d "their" as used snywhere in this Mortgsge shsll be taken to mean "his;' "hers," or "its;' wherever the context so implies or admits. Also, that wherever there is • reinente in the covenentt and agreements here~n contained fo any of rhe parties hereto, the same shall be construed to mean as wel~ as the heirs, legal repre:entatives, successors snd auigns (either voluntary by sct of the parties w involuntary by operafion of the law) of the sa.me and that the covenants herein contained sha11 bind a~d the benefits and advantages inure ~ to the respecfive hein, legsl representatives, successo~s and ass'gns of the pari;es hereta ~ And said Mo?tgayors, fo~ themxlves and tbeir }~eirs, legal repreuntatives, succtssors and assigns, hereby jointly and xverally covenant and agree ~o and with the said MORTCaAGEE, its successors e~d auigns: M 1. To all snd si pay ngufsr the principal a~d interest and the various and sundry sums of money payable by virtue of said promfsswy r?ote, snd this mortgage, each snd every, prompMy on the days respectevely ti~e same severally become due. y~ 2. To pay a!I ar~d singutr the tsxes, assessmenta, levies, liabilities, obligations and encumbrarxes of every nature snd kind now on said deuribed property, or that hereafter may be imposed, svffered, placed, levied, w auessed thereon, o? that hereafte? msy be levied or asussed upon thii AAort age, or tF?e indebtedneu aecured hereby, exA and eve~y, when due and payable, xco~ding ro law, befwe fhey become delinquent, and before ~ny interest atttches w any penalty is inc~rred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SA1NE SHAII BE PROMPTLY SATISFIED AND DI$CHARGED OF RECORD AND THE ORIGIhAI OFFICIAt DOCUMENT ($UCH A5, FOR INSTANCE, THE TAX RECEIPi OR tNE SATISFACT10tV PAPER OFFIC1AlLY ENDORSfU OR CERllFlED) SHAII 8E PIACED IN TME HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in th= event that any thereof is not paid, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equify or •~qht vnder or by virtue of this morrgage and the fuH amovnt of each and every such payment shall be immediately due and payable and shall bear interest <<om the date ther~f until paid at rate of nine per centum per annum and together w;th such interest ihall be sec~red by the lien of th:s morgtage.