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Home My WebLink About1645 ~r.? . ~)v;1~ vr THIS IMDENTURE, Made the 27th day of FQbIUary _ A.D. 19~ be~ween Jr.. Thoraas N. Aviret and Carolyn C. Avirett, his wife of St. I'uCie Gounty Flotida, hereinafter deaignated as the "MORTGAGOR:' and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a co~porat~on orpanized and exis~irg u~drr the laws of the U~~ied Sta~ts of America and having its pr~ncipal place of busineu in ths City of For? Pisrce, St. tucie County, Florida, hereinaf~e~ designated s~ tM "MORiGAGEE:' WHEREAS the MORTGAGOR is justly indebted ~o ths MORTGAGEE in the sum of s_20,,000.~~ , good and lawful money of the Un~ted S+ates advanced by the MORiGAGEE unto the MORIGAGOR, as evidenc~d by a cer~a~n promissory note of even date herewith, of wh~ch the follow~ng i~ words and figures is a trus copy, to-wit: = 2O rOOO.OO Np 10020660 Fo~ P~erce. Fi«~d,. ''ebrnary 27 ~y 74 Fw value rece~vzd. 1, we o~ eithe~ of us, promise to pay, without defalcation, to the orde~ of FIRST FEDERAI SAVIPtGS AND IOAN ASSOGIATION OF FORT PIERCc' at Fwt Picr<e. Fiorida, the sum of S_ 2Q•QQQiQQ. w~rh interost trom date at the rate of ~~_?fo per annum, in moNhly install- ~~,rnts as follov~s: S 180•~ on ~he 2Oth day of April ~q 74 and a like sum on fhe correspwid~ng day of each month there- aft~r unt~~ the whoie be fully paid. Eaeh i~stallniant firsf shall be applied in payment of the interest and then o~ the unpa~d balante of the princ.pal sum. If de~ault is made in the ~-ayment of any insta~~~nent when due, and such default continues 30 days, then at the opt~on of the holder, and wiihout any other notice, ali the remaining ~nsrall~nenis sha~l be d„e and payable at once. P~ivilege is given to prepay this note in whole w in part at any time without penalty. Neither fwebearar+te, nor acceptance by the hoider thereof after any default in any payments hereon, shatl be deemed exte~sion. A late payment tharge of S9 ; shall be ~dded to each installment remaining unpa~d 7 days after its due date, and e like sum shall be added to each such installment remaining vnpaid 7 days after each succeeding payment dare. ' Eath maker, surety and endorser hereof, joint:y and severally, waives demand, presentment protest and notice of protest fw nonpayment, and lunhe? agrees to any extension of time of payment, either beFore or after marurity, without not~ce to any of us; and to pay all costs of collection, includ:ng s reasonabte attorney's fee in the event of any default hereunder, and hereby severalfy waives all benefit of hornestead and exemption runder the constitulion and laws of each State of the United States, as against this obGgation w any extension a renewal hereof. Witness the hand and seaf of each party. ' ~ ~ (SEAI) (SEAL) (SEAI) /s/ Carolvn C. Avirett Zsen~~ ~ 30 . 00 ~ State Revenue fb~a~r~~ila~ae~aei~a~ aae~! NOW, THEREFORE, the MORTGAGOR fot the purpose of securing psyment of said sum of s 20+~0•~~ and the performance of the covenants a~d agrecments hereinafter expressed, and fo~ d~ven good and vslusb~e considerations, by these preaents, does gront, bargain, se11, remise, release, convey and conf~rm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St. Lucie snd State of Florida, deuribed as follows: REVISED titAP O~' Lot 26, Block 5,/FOPT PIERCE BEAC~t, as per plat thereof on file in Plat I3ook 8, pac~e 29 of the public records of St . Lucie County, ~lorida . ~ STATE : ~LJRI~~":1 j DOCtIMENTARY_.'==~;`SI:~!VtN S <T N r_~ _ in~ti MUFi, I 1 ~ ; _~a. j~, ~~'~1=~~ 3 0. 0 0 ,e i ~ .`!If^L ' ~ V ' ~ n~ w~r~rt oF T~xa ~ ~ o~ ~ a~ss ~ w~N+sie~ r~xsow?~ r+:o!ERn,, ~ p1N,~~ Tp CIiA/IfR 71-1~4. IrCTS ~ lY/l. ~ ~GE11 rOTTRAS ~ ' Q~!( f~RWR COURT. ST. LUCIE 00., flll~ ~ ~ ~ rcget}xr with atl a~d sing~lar the tenemcnts, he~ed~taments and sppurtances thereunto belonging a in a~ywise appertaining thereto, and all rents, iuues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fosegoing dewiption and habendum. ~ TO HAVE AND TO HOLD the above desuibed and granted premises unto the said MORTGAGEE, its sutcesson and asi~gns forever. And the said ~ MORTGAGOR fot --~-r=----- heirs, executws, administrators and assigns, hereby covenants with fhe ssid MORTGAGEE, ita succeuo?s and asigns, { rnar ~X-~~---- lawfully seized of the said prem~ses in fee simple; that the same are free, dear ~nd discharged from all liens and encvrrf ~ brances in law or in equity, and that they W~~~ a~ their heirs shall warr~nt and defend the title to the same to the said ~ ;MORTGAGEE, its successors and assgns, fwever sgainst the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MOkTCaAGEE the p~omissory note hereinbefwe dewibed and shsll truly, promptly - and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreemenis, cor?ditiau and covenants of said promisswy note and of this Mo+tgage, then this Mortgage and the Estate hereby aeated shall cease and be ~ull snd void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plwal anywhere in this Mortgsge, shall be singular if one only and shall be plurat jointly arxl severally if more than one, and that the word "thei?" as used anywhere in this Mortgage shall be taken to mean "his;' "hers," = or "its;' wherever the context so implies ot admits. Alw, thst wherever there is a referente in the covenants and sgreements herein contained to any of = rhe parties hereto, the ~ame shall be construed to mean as well as the heirs, legal rep~csentstives, successws and assigns (eitF~er voluntary by +d of the ~ parties o~ involuntary by operation of the law) of the same and that the covenants herein co~tained ihall bind and the benefits and advantages inure i,'-'3~ to the respective hein, legal representatives, successon and ass°gns of fhe parties hereto. Y~ And said Mor~gagors, for themselves and fhei? heirs, legal representatives, successas and assigns, hereby jointly and seve~ally covenant snd agree s'~ to snd with the said MORTGAGEE, its successors and assigns: 1. To pay sll and singular the principal and interest and the various and sundry sums of money payable by virtve of said promissory note, and this mortgage, each and every, promptly on the days respedively the same severally become due. rK= 2. To pay all snd s~ngular the taxes, assessments, levies, liab+liries, obligations and encumbrances of every rtature and kind now on said dexribed F'"~ property, or thst F~erea(ter may be imposed, wffered, plated, Icvied, or assessed thereon, w tF~at hereafter may be levied w assessed upon this Mott9- age, or tFx indebtedness secured hereby, each and evqy, wFxn due and payable, eccwding to law, before they become delinquent, ~nd before •ny ime~est - ar+aches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH AS. FOR INSiANCf, THE TAX RECEIPT OR THE SATISFACTION PAPFR OFFICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN UAYS NFXi AFTER PAYMENT; ~nd in the event fhat any thereof is no? s~ paid, sat"sfied arxl discharged sa:d MORTGAGEE msy at any time pay the same w any part thereof withovt waiving or affectiog any option, lien, equ~ty w ~ ~~qM under w by virtue of this morrgage and the f~tl amou~t of each and every such paymeM shall be immediately due and paysble and shall besr imerest ~.om the date thereof until paid at rate oF n~ne pe~ cemom per annum and together w•rh such interest shall be s~cy~rr e lien of r`~~° tage. F:.~ PAbE~U`f~ ~ - ~=a , Y w ~ ~ ~ ~ _ . ~ ~ . ~ - ~ ~~~y~- ~ _ ~ - ~ _ z~ ~ _ _ . l