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Home My WebLink About2167 ;~fazch A.D. 19_74 , between THIS INDENTURE. Mad~ the ~th day of ---T--r- . _ Bert V. Adams and Jackl~rn, M. Adams~ his wife of „ Cour,ty ilorida, herr~nalter des~yne~td as thr ' MORTGAGOR," and FIRST FEDERAL SAVR:GS AND tOAN ASSOCIATION OF FORT PIERCE, a co~porot,on organized and ex~sr~~g ~nder the law~ ol the Uneed Statoa of America and having i1s priucipal place of bus~ness in the City of For1 Pierca, 5~. lucie County, flaida, hereinafter designated as ehe "MORIGAGEE." WHEREAS the MORTGAGOR is juatiy indebted to the MORTGAGEE in t}~e wm of S-- 31 SnO.QQ-- good and lawful money of the Un.~ed Sta~es ad~anced by the I'hCRTGAGFE unto the tNORTGAGOR. as ev~dcnc~d L~ a cena~n pronussory note of eren da~e he~eweh, of wh:ch the ioilow~ng in words and figures is a true copy, lo-wit: S 31 ~ SOQ_ O~ No 1~L02C6Eih fort Pierce, Flaids, ~''~dICt1 ~ _19_Z~ Fw value ~ece~ved, t, we or either of us, prom~se to ay, wi~hout defa!catEOn, ~o the ordr~ of F1RST FEDERAI SAVtNGS AND IOAN,ASSOCIATtON OF FORT PIERCE af fort Pierte, Florida, the sum af 5---- 3~~_S~~•OU w~th ir:rrr,:s~ from date at the rate of"!_75Q.o per annum, in ma.dh!y ins~all- •,~nts as fol'ows: S____27~ ~ O0 - on the 20t h day o{ Apr i 1 , ~q J4 and a like sum on ~he corresponding day of each month there- a±ter until the whole be fully pa~d. Each installment (irsf shall be appl~rd in payment af fhe interest and thrn on ~he unpa~d balance of the princ:pal sum. If defautt is made in the ;~a~ment of any instoliment when due, and suth defavlt conti~wes 30 days, th~n at the option of the hoider, and without any other not~ce, all the remain;ng ,~urallments ahall be due and payable at once. PrivJege is g~ven to prepay this note in whole or in part at any time without pena{ty. Neltk:er fo~ebearance, nor acceptance by the ho:der thereof after any defautt in any paymeroi hereon. shall be deemed ex+ens~on. A la~e payment charge of _13 . 95 s+~all be .~dded to each instaHment remaining unpa:d_7 days after its due date, and a fike sum shall be added to each w.h msraiiment remaining unne~d 7 days after each succeeding payment date. Each maker, aurety and endorse~ he~eof, jointly and severaily, walves d~-mend, presentmenr protest and notlce of protest for nonpayment, e•.~ Iurthri agrees to any extens+on of rin:r of payment, either bafore or afrer ~naiur~ty, wit'r~o~t notice to any of us; and to pay all coses of coilect~on, inc'~d.ng a rr.isonable atromey's fee ~n the avent oF any default hereunder, and he~eby seticratiy waives all benafit of homestead and exemptio~ ~nder the consuWtion ~nd laws of each Sfate of ihe United S~atrs, as aga~nst this obtigation w any eatrns~on or renewal hereof. Witness the hand and seal of each party. S! 6ert V Adams ~enq • (SEAI) (SEAI) $ 47.25 s Jacklyn H. Adams (SEAI) ) State Revenue ;`.~~Oad~ O¢ ~~mi13~Rt1 NOW, THEREFORE, the 1AORTGAGOR tor the purpose of securing payment of sa~d sum of S 31 ~ 500. and tfie performance of the covenants and agreen:ents he~ei~after expressed, and for d~vers good and vaiuabte considerations, by theu preseofs, dces g~ant, bargain, sell, remise, r~•iease, convey and confirm unto the MORTGAGEE, its successors and ass~gns, all that certain lot, piece or partel of land, sit~ate, lying, and being in the County of St . L.UC le and Stafe of Fiorida, described as fallows: Apartment No. V(20t3) of the COLO~~~ApES COVD0~IINIUMS ~O. 9, accordiny to the Deciazation of Condominium recorded in Official Records Book 223, Page~ 864, of the PuDli c Records of St . Lucie County, Florida, together with all appurtenances thereto, toyether with an undivided interest in the common elements and limited comcnon elements thereof . SUB3ECT TU the terms, covenants, ayreements, obligations and provisions of said Declaration of Condominium which hlortgagor ~ in all things does covenant to Moztgagee faithfully to observe ; and perform, f f ~ . E F ~ ~ " S -r ~,~'r' F F L ~ R ~ :r-~ 1 ~ce+ve~ ~ 3 . ~ ° p~ ?~~+~r oF ~ f % r ~ " O c? il M E h? A R`~ .-f'-- :`•.5 T t, M P WE WU CL/1SS ~ NITMIQItIf PERSz:~wt ~aQ!ERilf r 1 PUA9lWR TO ~ ~ - LfEi':.::~r ri-v_yuE ~_:r: • Q11AP1E2 71•134, ACTS ~ sr 8F lyil. ~j~ ~,t''r• i~i R~S ` ~ ~ _ _ ~ 4 7 2 5 i ~ ~ ~ - .,~::-u~~~ ~ / ~ eV Pa. ti-`';~,;~/ ' CtERI( qAWR CWAT, Sf. luClf 00.. FtA ~ _ ~':C~- ~ c~ - . zF~: "+3 S£~ ~ ;b ~ ~ together with a!I and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining the~eto, end atl rents, issues, ~ o+oceeds and profits accruing and to accrue from said prernius, all of which are inctuded in the above and fwegoing dexription and habendum. ~ TO HAVE AND TO HOID the above descr~bed and granted prem~ses unto the said MORTGAGEE, its successors and assigns forever. And the s~id ~ MORTGAGOR for ---~h~1Y---- heirs, exewtors, administrators and assigns, hereby tovenants with the ssid A10RTGAGEE, its sutcessors and assigns, ~ rhat --~b~y ~Q-- ~awfully aeized of the said premises in fee simple; that the same are free, clear snd dixharged from all licns snd encum- brances in law or in equity, and that thevrv;ll and theil' heirs shall warrant and defend the title to the same to the said '.~.ORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persorts; . PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desuibed and shsll truly, promptly s and fully perform, d~xharge, execute, complete, comply wi~h and ab~de by each and every the stipulations, agreements, tonditio~s and covenants of said promisswy note and of this Mbrtgage, then this RAortgage and the Estate hereby created shall cease and be null and void. - IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~nguiar or plural anywhere in this Mortgage, shall be singular if one only and shall be plural joi~tly and severally if more than one, and that the word "the~r" as used anywhere in this Mortgage shall be taken to mean "his;' "hers;' - or "its," wherever the context w implies or admits. Also, that wherever ihere is a reference in the covenants and agreements herei~ contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by act of the `;y parties or invo~umary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure ' to the respetlive heirs, legal representatives, successors and ass~gns of the parties hereto. y~ - And said Mortgagors, for themselves and their heirs, legal representatfves, successws and assigns, hereby joiMly and severally covenant and agree - ro and with the said MORTGAGEE, its successors and ass~gns: 1. To pay all and singular the principal and i~terest and the various and sundry svms of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respect~vely the same severalty become due. 2. To psy all and s~ngular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind now on said described - property, w that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied o~ assessed upon this Nbrtg- - age, or the indebtedness secured hereby, each and every, when due and payable, according to Isw, befwe they become delinquent, and before any intereat - artaches w any penaity is inc~rred; AND INSOFAR AS AtvY TNEREOF IS OF REGORD THE SAME SHAtI BE PROMPitY SATISFIED AND DISCHARGED OF RECORO AND THE ORIGIr:AI OFfICIAI DOC.UMENT ~SUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTlON PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~:i pa~d, sat'sfied and discharged sa d IAORTGAGEE may at any t~me pay the same or any part thereof without waiving .or afiecring aoy option, lien, equity or s~ •~~ht ~ndar w by virtue o~ this mortgage and ~he fvll amount of each and every such paymeM shall be immediately due and payable and shall bear i~terest irom the date thereof vntil paid at rate of mne per centum per annum and together wi}l~~lilc t shall y the lien of th's morgtage. _ ~ PA6E~ . . `'~-2' _ . , _ _ . - r- . _ -..~..y . . ' ~ " °G^~=~ ..~',r-~-+-e= ~ ~zi ..~w:~iGF~~'` ' x.~r,n ~`~'m ' P .3'~ ~ ~~r~"`~'s' r ~ ~ ~ ~ » . . ~ . , .We._