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Home My WebLink About2171 I~I • v -a ~ ~ TNIS INDENTURE, Mad~ the 8th - day of ~rCh /10. 1974 be~+yeen _ Joseph B. Powell and Helen O. Po~rell, his~wife _ of St• LUCl@ ~~nry Florid~, hereinafrrr des~gnatrd as fha "MORTGAGOR," and FIRST `Ei~ERAL SAVINGS AND LOAN ASSOCIAiION OF F02T PIERCE, a corporatton o.gmi:ed and ex~s~~ng unde~ ~he laws of the Un~red Sraias of A^xrica and having iis princ:pal p~ace oi bus~neu io the City ot fort Plerce, St. lucie Counry, Florida, hrreinaher deugnated as the "MORIGAGEE." WHEREAS ~he MORTGAGOR is juaUy indebted to the MORTGAGEE in the sum of S 36 ~ 000• good and la.vful money oi ihe Un,ted Sfates advancrd by the MORiGAGEE unto the MORTGAGOR, as rv~denced by a ceuo~n promissory note of even doie he~r.rvth, ot wh~ch the fo~low~ng in v~ordi and figures is a true copy, to-wit: s 36,000.00 No 10020684 fort Pierce, florida, ~reh S 19 7'4 For vat~e received, 1. we or either of us, prom~se to pay, without defalcdt~on, to ~he order ot FIRST FEOERAL SAVINGS AND LOAN ASSOGIAiION OF 36 000~ ~ 8w 9~ r annum, in monthl ~nstau- ~ORT PIERCE at Fo~t Pierce, Fbrida, the sum of ~ L__.-_- _ w~~h ~nterest from date at the rate of -_-_.o pe Y ;,~ents as to~~oW:: s_-_324 ~ 00 20t_ day of AP~-1 19_74_ and e like sum on the correspond~ng day oF each month there- etre~ until tiie whole be fully pa~d. Each instal:ment first shall be applird i~ pay~nrnt of the inte~est and then on the unpaid balance of the princ:pal sum. If default is made in the ; a~rnent of any instaNmem when due, and such defauh contin~ea 30 days, the~ at the option of the ho~der, and witho~t any other notice, all the remaining „~sialtmems shalt be due and payabte at ooce. Privilege is given to prepay this nofe in who~e or in parf a1 any time w~thout penaby. Neihs:2rOebearanct, nor acceptance by the hoider thereof after any default in any payments hereen, shall be deemed extension. A late payment charge of S- ~ - shall be ,~dd~ to eath i~staflment remain~ng unpa~d 7 daya after iq due date, aod a like aum shall be addrd to each such installment remaining unpaid 7 days aiter each succeeding payn:en~ dare. Each maker, surety and endorser hereof, jo~ntly and severally, waives dt~~~and, presentment protest and r.otice of protest tor nonpayment, and further .jg.ees fo aoy extension of time of payment, .~ifher before or afrer ma~urity, wiiF,out nof;ce to any of us; and to pay all costs of coileuion, indud.ng a ~resonable atromey's fee in the event of any default hereunder, and hereby severally waives a~l benefit of homestead and exemption under the co~stitutan :~d laws of each State oS the United States, as aga~nst this obl~gation o? aoy earension or renewal he~eof. W~tness the hsnd and seal of rach party. s/Joseph B. Pov?ell (SEAI) (SEAI) s/Helen O. Powell ~s~nu $ 54 . 00 _ tsenU ) State Revenue (~t~! CaT1~Mld ~R Of'IhR1S1~A0f!) NO'N, THEREFORE, the MORTGAGOR for the purpose of secur~ng payment of sa~d sum o+ s 36, 000~ ~ and the pe~formance of the covenants and agreements hereinafter expressed, and for divers good and valuable tonsiderations, by lhese presents, does g~ant, bargain, sell, re~n~se, release, convey and conf:rm unto thq MORTGAGFE, its succe:sors and auigns, all that certain lot, piece ot psrcel of land, situate, lying, and being in the County of St . Luc ie end State of Florida, descr~bed as fotlows: The North 200 feet of the NW4 of the SW`; of the SW4 of Section 19, ToMrnship 35 South, Range 40 East; EJCCBPTING TH6RBFROM the East 15 feet of the West 40 feet of the North 200 feet of the Ni~1'~ of the SW'; of the SW~ of Section 19, Township 35 South, Range 40 Bast, containing 0.069 of an acre, more or less, ; - ~ ~ I ~ ~ ~ ~ ` " ST'~T~ -~F F~...G'' A i r` 1 § ~:i _L D~<=UME~t1ARY.~;:~. 5'AM~V`+~ ~ ' ~ u~~ t~~-~~vt_nur . ' ' _ - .'~f'-'a- ~ . R~~ , ~ IN PAVMIXT OF TAXFS ~ N _'B =~1At• tl~T~ 5 4. 0 0~ cx,~ a~ anss ~ wrN+s~e~ r~ ..~u?~ ~n. "r = t~~; ; . j0 .PHAP1ft 71•134. 11C S Oi 1911./>>~ Pl1N'~MIR ~ " - 1 ~u,;Ea ronw?s ~ ~RK GRCUIT OOURT, ST. Lt1C1E O(1.. ~ ~ ~ ~ ~ ~ ? ~ rogether with alI and singular the tenemcnts, hereditarrwnts and appurtances thereunto btlonging o~ in anywise appertaining thereto, and a!1 ren+s, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fwegoing deuription and habendum. ~ ~ TO HAVE AND TO HO~D the above desuibed and granted p+emises unto the said MORTGAGEE, its successon and assigns forever. And the said their MORTGA R for hefrs, executors, admi~istrators and ass~gns, hereby covenants with the said MORTGAGfE, its successors and essigns, ~ c't~e ar e rhat y----- lawfully se~zed of the said prem~ses in fee simple; that the same are free, dear ~nd discharged from all liens and encum- ~ia b~ances in law or in equity, and that they vv;ll and th@ll _ ~;~s shall warraM and defend the title ro the same to the said G~ NORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; a PROVIDED, AlWAYS that if the MORTGAGOR shall pay unro t6e MORTGAGEE the promissory note hereinbefwe described snd shall truly, promptly ~ and fully periorm, d~xharge, exetute, comp~ete, comply with and ab~de by each and every the stipvlations, agreements, conditiona and covenantt of said ,:i prom;ssory oote and of this Mortgage, then this Mortgage and the Estate hereby ueated shsll teax and be null and void. IT IS UNDERSTOOD that the word "Mortgagw" whether in the sing~lar or plural anywhere in this Matgage, shall be singular if one oniy and shall be p~ural joiMly and xverally if more than one, and that the word "their" as used seywhere in this Mortgage shal) be taken to mean °his;' "ben," i:A~ or "its," wherever the conteat so implies or admits. Also, that whereve? lhere is s reference in the covenants and sgreements herein contained to any of fht parties hereto, the same shall 6e construed to mean as well as the heirs, legsl representatives, s~tcessws and auigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respettive heirs, legal representatives, successors and ass~gns of the parties hereto. - And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ' ro and with the said MORTGAGEE, its successors and a:signs: z-~ 1. To pay ali and aingular Ihe prirxipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thi~ mortgage, each and every, promptly on the days respectively the same severally become due. = 2. To pay all and s7ngular the taxes, assessments, levies, liabilities, obligations and encumbrances of every naturE and kind now on said described propeity, o? that he~eafter may be imposed, suffered, placed, levied, or assessed thereon, or thal hereaiter may be levied a assessed upon this Mortg age, a the indebtedness secured hereby; exh and every, when due and payable, xcwding to law, before they become de:inquenL and before +ny interest - artaches w any penalty is incuned; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAII BE PROMPTIY SATISf1ED AND OISCHARGED OF - RECORD AND THE ORIGINAI OFFlCIAL DOCUMENT ISUCH A5, fOR INSTANCE, THE TAX RECEIPi OR THE SAi1SfACTION PAPER OFFICIALIY ENDORSED OR CERTIf1ED) SHALL BE PIACED IN TNE MANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ ,.a:d. sat sfied and d~schar ed sa'd MORTGAGEE m~y af an time a the same w an art thereof without waiv~ or affectin a~ o tion, lien, e uit w g Y PY YP ^9 9 Y P 9 Y •~qht ~nder or by virtue of this mortgage and the ful~ amount of each and every s~ch payr.xnt shall be immediatety due and payable and shall bear intere;t os. „M~ ~.om the date thereol until paid ar rate of n~ne per centvm per annum and togefher wrth suci? i~~er a be sec 9~+~ lien of th's morgtage. ~:3 PA~E~~l 1~ - - . _ _ . - : _ : ~ e. ~ ~ ~ ~2~ ~ ~ ~X., < ~ E ~ n'~, _ ~~3>r~`~d~ + ~ , ~ 3 ~3" ~ ".t.~. 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