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Home My WebLink About2884 ' - 2:~8~0 ~ THIS INDENTURE, Mads the 12th dsy of Februa.ry A.D. 19 74 between _ James R. [~taley and ~taryaret Maley, his wife ~ of St . L lJC i@ County Flwida, hereinafte~ designated as the "MORTGAGOR," and fIRST FfDERA~ SAVINGS AND IOAN ASSpC1A~lON OF FORi PIERtE. ~ coipa.alto~ o~pan;ud and ex~ttinp vndee the law~ of the United Satas cf Ameriu and Mving its principal pisce of busirKSS in t}N C~ty of fort Piace, St. lucie Cou~ty, Flwid~, he~einait~r desiynared ~s tl?~ "MORTGAGEE:' WHEREAS the MORTGAGOR ia ~ui~ly i~debted to tM MORTGAGEE u? the svm of = 18 ~ 40~• ~ , good and tawfuf money of the Un~ted States advanced by rhe htORTGAGEf unfo the MORiGAGOR, as evidenced by a ccr~ain promiuwy note oi even da~e M~ew~th, of wh~ch the following in wordi and fi9uret is s trw copy, towit: s 18 L400.00 . r,~, 10020631 Fo.r v~e.~.. Flwida. February 12 1974 Fw value received, 1, we w eithe~ of us, promiu to pay, wi~houf deialcat~on, to the order of FIRSi FEDERAL SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE al fort Pierce, Florida, the sum oi : ~ 8• 4~ • O0 with inrerest from dare at 1he rate of 8• 996 pe~ annum, in monthl~ install- meots as fotlows: S 1G6.00 ~ 20th ~Y of March ~4 ~4 and a like sum on the cwresponding day of each monih therr afte~ until the whole be fully paid. Each irtstallme~t first shall be applied in payment of the interesf and then on Ihe unpaid balsnce of the p?inc~pal sum. ff default is made in the paymeot of any instaltment when due, and such defaulf continues 30 day~, theo at the opfion of the holder, and without any other aotice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whok w in part at any time without penalty. Neither forebcarance, ; nor aaeptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of s 8• 3O , ahall be added to each installment remaining unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining u~paid 7 days after each succeeding payment date. Each maker, su~ety and endorur hereof, jointly and severally, wsives demand, presentment protest and notice of p~otest fw ~onpayment, and furthet ~ agrees to any exteniron of time of payme~t, eit}xr before a after maturiry, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event o~ any defauit hereunder, a~d hereby severaliy waives all beneiit of homestead and exemption under the co~stitutan a~~d laws of each State of the United States, as against this obligatio~ or any extension o? renewal hereof. Witness the hand and seal of each party. 5~ James R . P111Qy (SEAIJ (ScAI) ~ (SEAL) s/ Marqaret Mn1eK ~qU ~ $ 27.60 i sr~te Revenve c~~ns~traa+s~t~ar~~at r~d - NOW, ?HfREFORE, the MORTGAGOR fw rhe purpose of securirx~ payment of said sum of S 18 ~~0• ~ snd the pcriorma~c.e of the covenants and a9reements hereina(ter expreued, and fw divers good and valuable tonsiderations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto tFx MORTGAGEE, in succeuors and as:~gn~, aN that ce.tain lot, piete q pucel of Isnd, situate, lying, and being in the County of St. I_tr ~P ar~d State of Flo?ida, dewibed ~s follows: Lot 9, Block 2, 90[Irt~R'i VIEw ADD7TION, as per plat thereof on file in Plat Book 9, Page 44, of the Public Records of St. Lucie County, Florida ~ s I •~~v ts . ~ ~ o R~~ ~ I . : « / Qp`1!h QRp. cya / 8~ QE(tSfJ~'' J. ~,s c.~ STAT~ 7F ~-f ~rr~h~~G~,~~ ~x ~ DOCU_ /N~1JTqRY~.,~; STAM P ~j~ } ~CE.~~~.53'CL n..^ 1 ~p., OFi~i OF ' Z'' cn - RcVf MUE ~ y: r~ ~E t~ : ,1 `~;,~t ~ N Pa rEb Ik'T! ~Z ' .i ~~SV.I('~ ~ . : ~ z 7 ~ , ~ o ~ s inz' ~r-.. - 6 c~ c ~ ~ ~ i s ~ togetFer nith all and singular the tenements, hereditaments and appurtances therevnto belonging w in anywise appertaining thereto, and all rents, issues, procceds and profits accruing and to acuue from ssid premises, a!1 of wh;ch are included in th! sbove snd foregairsg desuiption and habendum. ; TO HAVE AND TQ HpID the above dewibed and granred premises unto the said MORTGAGEE, its successon snd auigns fweve~. And tM said ~ MORTGAGOR for t Re 1 r-_-_ execwors, adminisrratws and assiyns, hereby covenants with the said MORTGAGEE, iri succesiors and assi~r», ~ :hat t he~/ a Y e- lawfully xized of the said premises in fee simple; that the same are free, cleer ~nd diuharyed f.om all liens ~nd encum- brances i~ law w in equity, and that thc~~ and * 1io 3..L hein shall warrsnt snd defend the title to the same to the ssid ~ MORTGAGEE, its successors end auigns, finever aqairut the tawful ctsims and demands of all persau; PROVIDED, ALWAYS that if tiu MORTGAGOR shatt psy unto rhe MORiGAGFE the promis!~Y ~ote hereinbefwe dexribed snd shall truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by each and every thlEstipula~ioru, agreements, conditions and covenanta of said promissory note and of this Mwtgsge, then thi~ Mortgage and the Estate hereby ue~ted shafl tesse ar?d be null and void. ; IT IS UNDERSTOOD that the wad "Mortgagw" whether in the singular or ptural anywhere in ihis Mwtgsge, shall be singular if one only ~nd ~ ~hall be plura) jointly and severally if more than one, and that the wwd "their" ss ~sed anywhere in this Mortg~ge shall be f~ken to mean "his;' "hen," or "its;' wherever the context so implies w admits. Alw, that wherever there it s reference in the covenann ~nd sgreements herein containtd to any af the panies he?eto, the ssme shsll be construed to mean as well as the heirs, legsl representstives, successon a~d assigns (either voluntary by act of the partiea or involuntary by operation of the law) of the same and ~hat the covenants herei~ contained sF~all bind and the benefits and advsntagea inure ro the rqpective he"us, legal represematives, successon and au~gns of the psrties hereto. ~ And said Mortgsgors, for themse(ves and their Meirs, legat represerttativa, svccessors snd suigns, hereby jointly and severally covenant and sgree ~ ro and with the said MORTGAGEE, its successors ~nd sssgns: ! 1. To psy all snd si ular the rinci I and interest and the various and sund wms of mone ~9 p P+ ry y payable by virl~e of said promissory note, and thit mortgage, each and every, prompttiy on the days respettivety the same severaNy become dve. 2. To pay +11 a~d singuta? the tsxes, assessments, levies, liabilirie~, obligstion~ and encumM~nces of every n~turs and kind now on sa?d dexribed - property, w thst hereafter may be impwed, suffered, plsced, levied, a asteued thereon, or that here~fier may be levied or esussed upon this Mort¢ ~ age, w the indcbtedneu secured hereby, esch and every, when due and p~yable, xcuding to taw, before they become delinquent, and before any interest ' ; artaches or any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII BE PROMPTIY SATISfIEO AND ~ISCHARGEU OF ~ RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIACLY ENOORSED OR CERTIFIEO) SHAtI 8E PtACE~ IN iHf HANDS Of SAlD MORTGAGEE WI1HlN TEN DAYS NEXi AFTER PAYMENT; and in tt~e event that a~y thereof is not . paid, sat's(ied and discharged sa:d MORTGAGEE may at any time pay the same a any pa~l thereof withovt waiving o~ affecting s~y option, lien, eq~ity or i •~~ht under a by virtue of this mortgage ar+d the full amo~nt of each and every such payment shall be immediately dve and payable a++d ~hall bear i~terest j~om the date thereof until paid at rate of nlne per centum per annum ~nd tctqet~~i~l~tuch int~~ be secured by the lien ot th:s morgta9e, V PAGEI(S~~ ,