The URL can be used to link to this page

Home My WebLink About1492 ~ ~ z~s~~s . iHIS INOENTURf, Made the 27th day of February A.D. 19 7'4 ~ belwea~ J~se h O. 1.aBonte, a single adult of St• ~.11C ~ Cpy~fy Floridi, he~einafte+ desgnated as the '"MORTGAGOR," and FIRST FEDERAI SAVINGS AN0 LdAN ASSOCIATION OF FORT PIERCE, ~ co?pwation wy~nized and exisling under Ihe iews of the Unitad Sratt~ of America and havinp its principal pl~ce of busineu in ths City o! Fwt Pieres, St. luci~ County, Florida, hereinafter designated as tha "MORiGAGEE:' • WHEREAS the MORiGAGOR a justly ir?debted w ~hs MORTGAGEE in the sum of 5 18 ~4~. , good and lawful money of the Un;~ed S~atei ad~aoced by the MORiGAGEE unto the MORTGAGOR, as evi~nced by a cerrain promisswy oote of even date herew;th, of wh~ch the tollowiny~ in words ~nd figures is a trw copy, towit: s 18,4U0.00 _ 10020661 i forl Pierce, Flwida. February ? For value received, 1, we w either of ~s, prom~se to psy, without defalcat~on, to the order of FIRST FEOERAI SAVINGS ANO IOAN ASSOCtAT10~1 OF FQRT PIERCE at fort Picrce, Florida, ~he sum of S 18 ~4~' ~ w~th interest from date at the rate of8 ~~SO6 per annum, irt monthly instaq- ~ ~~~ent: as tol!ows: S 1gZ'~~- ~ the 2~th day of `J~e , 19?4 and a liks sum on the cor~espond~ng dsy of each month there- ~ afr~r until nc~ whule be fu!!y pa;d. ~ } Each installment iirst shall be appl~ed in paymenl of the interesl and then on 1he unpaid balance of the princ~pal sum. If default is made in the Hayment of any installment when due, and such default continues 30 days, Ihen at the opt~on of the holder, and without any othea nof;ce, all tFie remaining ~~,stallments shaii be due and payabte at once. Pr;vilega is given to prepay fhis ~ote in whole w in part at any time without penalty. Naither forebearance, nor acceptance by !he holder lhereof after any dafault in any paymenls hereon, shall be decmed exteneion. A late payment charge of i- 7'6O . shsl) be . added to each ins~alfinent remaining unpaid 7 days after its due da1e, and s like sum shall be addcd to each such instaitment remaining unpaid 7 days after eact~ succeeding payment date. ~ Each maker, su~ety and endorser he?eof, iointly and severally, waives demand, presentment protest and notice of prolest fw nonpayment, and furiF?er agrees to any extension of time of payment, eitlxr before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in the evem of any de(auff hereunder, and hereby severally waives aU benefit of homesfead and exemptio~ under lhe tonstitution ~~~d laws of each Srate of the U~ited States, as against this obligation w any exte~sion w renewal hereof. . Witness the hand and seal of each party. s%Joseph O. LaBonte, a single a~~t (SEAI) ' (SEAI) $ 2~ . 60 ts~?u ( 1 State Revenue ~s.an,p,-ran~e~~ ara~gn+a~ ~?a~l1 NOW, THEREFORE, Ihe MORTGAGOR fw the purpose of sec~ring payment of said sum of S 18~4~•O0 and fhe performance of ths ~ovenants and ag~eemeni~ hereinafter e~cpressed," a~d for divers good and val~abfe considerstions, by theu present~, dces grant, bargain, sell, remiu, r<'~ase, convey and conf~rm unto the MQRTGAGEE, its iuccessor• and ass~gns, all that certain lot, piece or parcel of (and, situate, tying, and being in the County of St. LuCiQ end State of florida, dexribed ~s follows: Lot 23, Block 7, LAKBWOOD PARK UNIT #?1, accozding to the plat thereof on file in Plat Book 10 at Pages 51, 51A, 51B and S1C, Public Records of SL. Lucie County, P'lorida, ~ pF F~~~P~r~' ~ ~ ATE R,~ .:zs~.-~'---- ~ E~ A -,r 1 ~y ~ M EY " f Fs ~.r 7, 6 ~ o= c. ~ 4,~ = Z 1 ~r ~ _ Pe. ~ - e~' ~ ~i?L•2 ~ o . Q ~ ?A~fYE11T 0~ ~ : ~E490MK ~ III1AM~i{~1~ ~r~ ~ W qY?r?EIt 11•iZt. AC~S ~ 1~•~« Q~~~~.~ 1~'~~~ i ~ i ~ - f ~ogether with sil and singular the tenement~, hereditsmenri s~d appurtances the~eunto belonging or in anywise appertai~irg fhereto, and sll rents, iuues, p~oceeds and profits acc~u~ng and to accrue from said premises, all of which are included i~ the above and foregoing dewiption and habendum. 4 TO HAVE AND TO HO~D the above descr~bed and granted premises unto the said AAORTCsAGEf, its svccesson and suiqns fwever. Md fhe said ~ MORTGAGOR for -----hls heirs, executors, sdministrators and assigns, lx~eby covenants with fhe said 11AORTGACaEE, it~ luctessors a~d sisipns, ' that he is - tawfully seized of the said prem;ses in fee sim le; that the iame sre free, clear and diuhat P ged from dl liens ~~d erxum- brances in law or in equity, and that he will and hls hein shall warrant and defend the title to the same to the ssid MORTGAGEE, its successors and asaigns, fwever against the lawful c{aims and demsnds of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbeiwe descriked and shall truly, prompfly and fully perform, d~scharge, execute, complNe, comply with and abide by each and every the stipulations, agreements, co~ditions and covenants of said ; oromissory note and of this Mo?tgage, then th7s Mortgage and the Estate hereby aeated shall cesse and be null and void. ; IT IS UNOERSTOOD that the word "Mortgagor" whether in the singular a plural anywhere in this Mwtgage, shall be singular if one only ~nd : ~ shall be plural jointty and uverafly if more than one, ani~ fhat the wad '9heir" as uxd snywhere in this Mortgsge shall be taken to mean "hii ""hen; ' i : or "its;' wherever the context so implies or admits. Also, shat wherever the?e ia s reference in the coven~nts and agreements herein contained to +ny of - the parties hereto, the same shall be co~strved to mean as welt as the heirs, iegal representatives, successors and auigns (either volumary by ad of the ' parties or involunfary by operation of the law) of the same and that the covenants herein contained shsll bind and tF+e benefits and sdvanbges inur~ to the respettive heirs, legal representatives, successus and ass'gns of the parties hereto. And said Mortgago~s, for themsetvet and their heirs, legal represeMatives, successors and auigns, hereby jointly and severa!!y covenant and agree ta and with the seid MORTGAGEf, irs successors and assigns: To pay all and singulsr the principal and imerest and the various and su~dry sums of money payable by virtue of said promissory nofe, snd this mortgaye, each a~d every, promptly on the days respectively the same severally become due. 2. To psy all snd singulsr the taxes, assesuncnts, levies, liabilities, obligatio~s and encvmbrances of every nature and kind raw on said desuibed j property, p that hereafter may be imposed, suffered, ptaced, levied, or suessed thereon, w that hereafter msy be levied p asussed upon this Mortg- _ age, or tha indebtedness secured hereby; each and every, when due ~nd psyable, accadirg to law, before they become delinquent, ax! befwe ~~y intaes~ ~ auaches w any penalry is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORD THF SAME SHAII BE PRONI?iLY SATISFIED ANO DISCHARGED OF REGORD AND THE ORIGItvAI OFFICIAt OOCUMENi (SUGH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACiION PAPER OfFICIAi[Y ENDORSEO ; OR CERTIFIEO) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~ tha eve~i that a~y thereof is not paid, sat"siied and discharged sa'd MOR7GAGEf may a? any time pay the aame or any pan thereof without waiving or affecting sny option, lien, equify or •~aht under w by virtue of this mortgage and the fu~l amount of each and every such payment shall be immediately due and payable snd shall bear interest - ~~om the date thereof until aaid at rate of nine per centum per annum and togerher w~th such inferqq sha~l ecured b the lien of th:• mor9faQe. - t:_j Y~~F~491 ~q _ - ~ ~ ~ w - . ~~.~:.3~~