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Home My WebLink About0870 r , - . 2~~s4s~ 1HIS INDENTURE, Ma~ th~ 2~nd d,y ,f F~bruary . ~.o. ~9~ ~e~w~ ' _ Dav d B. Dc~ugldss an Joyce 5, pouglass, hi~ wife of St. LUC~Q ~W~ry F~~ ~~;Mfqt d~signsrad as~ tl?~ "MORTGAGOR," and FlRSI FEOERAI SAYINGS AND IOAN ASSOCiATION OF fORT PIERCE, ~ aorpwation orpuuud and ~xiitiny w~de? IM laws ot th~ Unifed Sut~s of Am~ica and havinq in pri~?cipal pl~c~ of busin~u M tM City of FoA pi~tc~, St. luti~ County,.Flotid+, htnin~htr desipnated u tM "MORTGAGEE:' 26 400 OO WFiERENS th~ MORTGAGOR is ~vttly indebt~d to th~ MQRiGAGEE in tM wm of : • • , yood end iewlul moriey of the Un~ted Statea adv~ncad by tM MORTGAGEE unto ~h~ MORTGAGOR, ~i evidenced by a certain promiuory note of aven dats herewith, of which the tollowiny in wwda u?d f urK is • trw copY, towit: = 26,4~.n0 • . . ~ 10020648 . ' ~ P~. F~,~ February 22 ~y ~4 Fw v~iue roceived, 1, we w either of us, promise toQay , without defalca~ion, to ths order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF F~RT PlERCE at Fpf Pieru, Flo+ida„ the sum of = 26 ~4v0.00 ~ with interest from date at the rate of8 • 7$% pa ann~m, in monthly install- men~s u follows: ; 218.00 ~~M 20L11 day of J~e ~v ~4 and ~ like sum on the correipond~ng day of each month therr after until the whol~ be fully paid. Each instaliment first sMll b~ applied in payment of ths inttresf ~eid then on the ~npaid baiance of tMe p~incipal svm. If defavlt it mads in the Neyment of ~ny irptallmcnt when due, a?~d such default continues 30 day~, then at the option of tF?e Aolder, srsd without any othcr notice, all the remaini~g instsllmcnts :l+~II be due and payable at once. Privilege is give~ to pr~Y ihis rate in whole or in paH st any Yune without penalty. NeitF~er faebcarance, nor atctptance by tht holder the?eof afte? any deFavlt in ~ny piymenh hereon, shall be deemed extension, A tate payment charge of ~ shall be added to each Irutallmant ranaining vop~id 7 days sftsr lri due date, u~d • like sum shall be added ro each such installment remainir~g unpaid 7 days aftx I each wcceedirg payment dste. _ ' . f ~ Each maker, surety and endorser hereof, jointly and seve~ally, waives demand, presentmeM p~oteit and notice of proteat fw nonpayment, and further agrees ro ~ny exfension of time ot paymenf, eithe? befoie o? after maturity, without notice to any of us; ~nd to pay al) costs of collectio~, irxlvd~rg a reasonsble attor~ey's fee in the evem oi any defavit hereuoder, u+d hereby severally waives all benefit of homestead and exemption under the tonstitution and Isws of each Sfate of tha United States, as againsf this obfigation or eny e~ctension or ~enewaJ hereof. Witness the hand and seal of each party. s~David g. Douglass ~AU (SEAU s oyce . Douglass ~~U ~ $39.60 . sr,ro Rer.~,ue ~ i (Stsmps~nedled-araiy'n+al rata~ i NOW, THEQEFORE, the MORTGAGOR for the rg p~ym 26 , 400. ~O p~r{~Me of th~ purpose of seturi ent oi said sum of = and the covenants and ~g~eemenri hereinafter expreued, and fot drvers good and valwbl~ considerations, by fhes~ presents, does grant, baryain, ~ell, remix, releese, convey and conf'vm unlo the MORTGAGEE, in succeuors and assi9ns, ~II that tertain bt, pieu or partel o~' Isnd, sitwte, lying, and bei~g in ths ~ $t. LLiC16 aed St~» of Flwida, dexrib~d a follows; i.ot 5, Block 125, 4AKEWl"30D PARK UYI? #10, according to the piat thereof on file in Plat Book 11, Page 29, Public Records of St. Lucie County, FZorida, . # ~ _ ~ ~ ~ oF ~ SZa~P j~ ~ • - aTAT R'~ ~ > a ~u~+~N~ ' - ~ ~ ` ~ oF ~a;~ - ~ O= C'~ ~O~VE{~U~ ~`i 1 . 3 9' , y Q~vF~' ` P~~1~ « ,lM~` 6,7. ~ . • , f>Q \ z.- ~ ? ~L'" ~ QER"' ly~~ jy,?< ~ ~ c.+ pe' . . . • • • G\~ ~~S ~ , ~ ~i?oz .C ~l1tf~ .~~~3~?~ s F~l? o . . . • RE1~`O~ C~ C~~Ap~ e0~~ ~G\E ' ~ ~ ` ~~R~. ~t. ~ G~~ C~S~ t i . togetF~ with al( and singular the tenemeny, hereditsmenh and appurtances thereunto belonginp p in anywise ~ppert~ir?irg Niereto, and all renb, iuws, ~ proceeds ~nd profit~ sccruing and ro aarue from a~id premisn, all of which are included in the abov~ and foregang description and habe++dwn. ~ : TO HAVE AND TO HOW the above described ~nd granted premises unto the s~id MORTGAGEE, its s~esson ant! sugns forever. Md th~ ~aid MORTGAGOR for their ~~rs, executors, administnras snd asigns, hereby covenanb with tM said MORTGAGEE, ib suaesson and ~ssipro, ehat thev are ~awfully seized oi the said premues in fee simpte; th~t ths aam~ ue free, cku and discFWr9ed from all liero and encvn+~ brances in bw o? ~n equity, and that they will and their F~~n wursnt and defand the titl~ to the urrw ro the pid MORTGAGEE, its succ~uors and auigns, forever ~gainst the lawful claims and demar~ds of ~II penons; PROVIDE~, AIWAYS that if the MORIGAGOR shatl p~y u~to the MORTGAGEE the promissory ~ote hereinbefwe described ~nd shsll tnrly, promptly and fully pe?form, d'ucharge. execute, compkre, comply with and sb7de by each ard every tF?e stipulations, a9reemenn, conditans and covenants of said promissory note and of thes Nlortgage, then this Mortgige and tM Estate hereby veated sh~ll usse and be nvll and wid. IT IS UNDERSTOOD thst the word "Mwtyagor" whether in the s~ngular or plunl a~ywher~ in this Mwty~ge, shall be sirgulu if ona only uid shall be plursl jointly and severally if more ths~ one, u~d thst the wad "their" ss used ~nywhere in this Nbrtq~ge sFull be take~ to mean •'his,•• •'hera,•• ~ or "iri;' wherever the contezt w implies or admiti. Abo, tMt wherever tbe:e is s rtference in th~ covenann and ~yreemenn he?ein oontained to any of the paA'~es here% the s~me shsll be co~strued to mean as well as the heirs, kyat r~present~tives, successon and auigns (either volunary by act of tl+~ ( pa.t~es o~ invduntary by oper~tion of tFx (aw) of the aame and that the covens~n herein tonained shatl bind ~nd the benefib ar~d advareraqes inure r to tt~e respectire heirs, leyal representativq, succcsswi and au~gro of the putits hereto. - " i Md said Mwtgagon, fw themselves and their hein, Iegal represcntativa, wcceuo?s and auiyro. Mreby joiMly a~d sevaally cov~n~nt and ayree ~ ro and with the s~id MORTGAGEE, its successors and assiyns: 1. 7o p~y ~II and sir+pvtsr tM principal snd interest +nd the variwn and sundry sumf of mor~eY paYable by rinve of said p~om;ssory note, and ~hi~ mwty~ye, each and every, promptly on the days respectively tM sarne sevewlly become due. Z To pay ~II and sinpulx the tsxes, usesunenn, lev"~es, liabiliti~s, obligataro ~nd encwnbnnces of every n~turo ~nd kind now on said desuibed Property, or that F~er~ah~r m~Y be ;mpo~ed, wffered, plxed. levied, a~sseued ttxreon, or tlwt hereaftsr may be kvied a usessed vpon this Morty- age, o? t}» k~debtedneu secwed hereby, each a~d every, when dve ~+d piyable. ~awdi+g to Isw, before they become ddinqu~r?t, and befws ~ny interes~ attaches o? any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SNAII BE PROMPTLY SATiSFIED AND OISCHARGED OF RECORO AND THE ORIGINAI OfFIC1Al aOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR iHE SAi15fAtilON PAPER OffIC1AlLY ENOORSEO OR CERTIFIED) SNAU BE VIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN OAYS NEXT /~TER PAYMENT; and in the event thst a~y thereof is nw paid, tat'sfied and discharged sa:d AAORTGAGEE may st any time pay the same w sny part the?eof withovt w~ivirg or ~ffectirg a~y option, lien, eqvity or ` ~~qht under w by virtue of this mortgsge and the iull amoum of each ~nd every such paymeM shsll be irwnediately dve and p~yabk +nd sMll be~r interest From the date thereof until paid at rate of nine per centum per ~nnum ar?d together witir~''~ t sMll be~ by the lien of th:s mwytape. 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