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Home My WebLink About0402 TNIS IfvDENTURE, Made ,r, 19 t h da of ~ ~et~ r U`~ T y 7 Q ~ A Y A.0. 19___~, etkeen Terry rt. Keathleyz a single adult ~ ` ~ of St• ~-UC 1@ County florida, heroinjfrer des~3nared as the "MORTGAGOR," and FIRST F~~ERAI :,AVI`:G$ :ND lO~+h ASSOGIATION OF fpRT PIERCE, ~ torporation crgani:ed a~d ex~s~ing under the laws ol ihe Un~ied Statas of America an~ F,ving :ts pt~nc~pal placa of business in ths City of Fort Pierce, St. lutie County, Florida, here~nafter des~gr~a~ed as thQ "MORiGAGEE:' WHEREAS the MORTGAGOR is justly indebted t0 the MORiGAGEE in the sum of S 17.190~_t~0 goad a^d la.vful ~no»ey o1 ~ne U.•:ec~ Srates advanted by the MORTGAGEE vnto ~he h10RTGAGOR, as ewdrnced 6y a cerra;n prom~ssory nota .al even da~e i~erewr:i, of wh;cti the foilou~.~g in words and f~gures is a true copy, to-v~it: s_ i~,nn~_~a r~w-~52:~~y43 - Fart Pierca, F~o.;da, _ F eb r ua r y 19 197'Q Fw vatue rzce~ved, 1, we or either of us, prom;se fo pay, without dafakation, to ~he ordrr of FIRST FEDERAL SAVINGS AND IOAN ASSOt1AilON OF ~ OR7 PIERCE at Forf P;erce, F1or;da, rhe s~m of S-_ _ u~QQQ ~QQ;__ w~~h ~nr~•r~st 1rom date at the rate of 8 7~o per annum, in manthly insta~f- °~en~s as fol:ows: S__159.~~ on the ~th day of _ MdrCh _ ~q __74 ar,d a like sum on the correspond~ng day of each month there- a'ter ~ntil thc who!e ba fulty pdid. Each insrallme~t ilrst shall be appl~rd in paymant of the interest and then on the ur.paid batance oi the princ pal sum. If drfau!f is m,ade in the e~r~»en~ of any insta?imenr when d~e, and such dafauh continues 30 days, theo at the opt~on of the ho~der, and without any other not~ce, all the remaining ~~srallments shail be due and payable at oncr. Privilege is yiven to prepay fhis note in whole or in pa~t at any time without penalty. Neither forebearance, nor atceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge ot S__? ~5, sha!! be ~daed ro each insraiimrnt remaining unpa~d 7 days aher its due date, and a like wm shali be addad to eaich such ins:allmeM remainin~ unpaid 7 days a(ter rach, succeeding paymer.t date. Each maker, surety and endorser her~of, jo~ntly and seve~ally, wa~ves dc-~~+and, presentmem protest and rotice of pfotest for nonpayment, and~u~ther a•~rees to any extens~on of r:rr~e of paymenr, e~rher b~fo~e or after maru.:~y, ~h,r}rout not;ce to any of us; and ~o pay ali costs of coliecHon, ;rclud~ng a ~•~_+sonable attomey"s fee in the event of any defeu{r he~eunder, and hereby severally waives all b¢rtefit of homestcad and exemphon under the constitution .~,d ~aws of each State of ihe United Staees, as against this obligation or any extens+on or renewal hereof. Witness the hand and seal of each party. s/ Terry M. Keathley, a sinpl~A~~ ad ul t (SEAL) iSEAI) i- ~ 26 • 85 ) State Revenue (SEAIj .'K4~Xaf~MSYrI(l~di4XolS~ia6lCKolf~ NOW, THEREFORE, the MORTGAGOR for the purpoie of securing payment of said s~m of = 17 f 9~ • , and the performancr ef the covenama and agreements here~nafter expressed, and for d~ve~s good and vatuable cons~derat~ons, by thrse presents, dces grant, bargain, sel1, rem~se, r<•'ease, convey and confirm unto the VIOR]GAGEf, its successors and ass:gna, ai1 that certain lot, piece or parcel of land, situate, lying, and being in the :ounty of St. I-uC1e - and State of Fiorida, de~cribed as follows: Apartment No. 101, Ruildinc~ III, of ISLAND }{OtZSE CONDC~MIyIt7MS, PtiASE I, according to the Declaration of Condominium and all exhibits thereto dated Fiay 23, 1973, recorded ~tay 29, 1973 in Official [tecords Book 214, Pages 1858-1933, of the public ' records of St. I.ucie Coumty, Florida, together ~rith all of its ; appurtenances according to said Declaration of Condominium and ; all exhibits thereto and together with all tenements and ` hereditaments thereto belonging or in anywise appertaining to j saicl apariment. f ~ S[JE3,,'ECT TO the terms, covenant s, agreements, obligations and provisions of said Declaration of Condominium and all exhibits thereto which the Mortgagor in all things does covenant to t+tortgagee faithfully to observe and perform. i (i7 ~j Gj ~ ~ ~ t 1N P~'~ P~~~,~, ~T'~,TC 1 ~ d~ pFZNxES : DOCUMEN7~R~~r- 51AY~i• d r i Zr M ~ :~c'~EVE[rll~ -i - - ' RECftVfD ~ Il1SIWGIdIE ~is ~ 1911. ; l~`~~ ~ ON 13~l. - = 2 6. 8 5 ~ ~ ~o ~ ~ '~o«w?s ,i ~ « _ + ~ ~ ~ ~ ~tT fAURj~ St. ~ ~ qFttK C~ ~ c'~~'~' ~c~iv ; together with all and singular the tenements, hereditaments and appurtances thereunto betonging or in anywise appertaining thereto, and al! ~enla, issues, oroceeds and profits atcruing and to accrue from said premises, all of which are ~ncluded in the above and fwegoing deuription and habendum. TO HAVE AND T~ HOID the above descr~bed and gra~ted prem~ses unto the said MORTGAGEE, its suctessors and assigns forever. And the s~~d h50RTGAGOR fw 1 S----- heirs, executors, adm~n~strato~s and assigns. hereby covenants with the said M.ORTGAGEE, its successors,and auigns, +nat hQ 15 lawfully sei:ed of the said premi:es in fee sim ple; that the same are fr e e, cle ar a n d di s c h a r g e d i r o m a l l l i e n s a n d e n c u m- brances in Iaw or in equity, and that_ he will and t115 heirs shaft warrant and defend tne titte to the ssme to tfx said , N10RTGAGfE, irs s~ccessors and ass:gns, forever against the lawful claims and der~ands of all persons; PROVIpED, AlY~AYS tha~ if 1he MORTGAGOR shall pay unto ihe MORTGAGEE the promisswy note hereinbefore dexribed and shall truly, promptly - and fully perform, d~scharge, ezecute, complete, comply with and abide by each and every the stiputations, agreements, tonditions and covenants of sa~d promissory npte and of this Mortgage, then this Mortgage and the Esrate hereby created sha!! cease and be null and void_ IT IS UNDfRSTOOp that the wo~d "Mortgagor" whetbe~ in the sing~3ar w plural anywhere in this Mortgage, shall be singular if one only and shall be piural jointly and severally if more than one, and that the word "their" as used anywhere in thia Mortgage shall be faken to mean "his;' "hers," • or "its," wherever the context :o irnplies or admits. Also, that wherever there is a reference in the covenants and agreements herein containrd to eny of rhe parties hereto, the same shal! be construed to mean as well as the heirs, legal repreaentatives, :vccessors and assiqns (either voluntary by ad of the pa~tie~ o? involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advan~ages inure ro the respective heirs, legal representatives, successors and ass~gns of the panies hereto. And said Matgago~s, (or tF.emselres and their heirs, legal representatives, s~ccessws and assigns, hereby jointly and severally covena~t and agree to and with the said MORTGAGfE, its successors and assigns: l. To pay all and singular the princ~pal and interest and the various and s~ndry sums of money payable by virtue of said promissory note, and this mortgage, each and every, prompily on the days ?espett;vely the same severally become due. 2. 7o pay aU and ~ing~lar the taxes, assessments, levies, liabilities, obligations a~d encumbrances of every nature and kind now o~ said described property, w that he~eafter may be imposed, suffered, ptaced, lev;ed, or assessed thereon, or lhat hereafter may be levied w assessed upon this Mortg- a9e, u the indebtedness secured hereby, each and tvery, when due and payable, according to law, before they become delinquent, and before any i~terest atraches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD iME SAN1E SHALL SE PROMPTtY SAIISFIEO A~1D DISCHARGED OF RECORD ANJ THE ORIGIP:A~ OFFICIAL DOCUMENT (SUCH AS, FOR IPiSTANCE, THE iAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSF~ OR CERTIFIED) SHAII BE PtACED fN ThiE HANDS Of SAID MORTGAGEE WITHIN 1EN DAYS N'cXT AFTER PAYMENT; and in the event that any thereof is ~ot paid, sat sfied and discharged sa d 1AORTGAGEE may at any t~me pay the same or any parr the~eof without waiving or affecting any option, lien, equrty or •~qht under or by v~rtue of this mortgage and the Full amovnt o! each ar±d eve~y such payment shall be immtd~ately d~e and payable and shall bear interest ~tom the date thereof until pa~d at rate of n~n. per cent~m per annvm and together w~th s~ch ir.terest ~t1~1~~y~red by tne~e~~th:s morgtage. ~ 4 F,~~~ - I . - ~ _ - - _ -