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Home My WebLink About0142 ~~r ~~~~J~ r I • • • • ~ ~ 1 Sth March • • A.D. 19 74-- ~~W~~ THIS INDENTURE. Mad~ tM d+y of Grad O. Abff tt and MTi.~~i3e leo Moff tt his wife of St • L+~CiB C~~~y F~a;d~, Mreina(~a de~igns~ed as tM "MORTGAGOR;' and fIRST FEDERAI SAVINGS AND IOAN ASSQClATION VF fORi p1ERCE, a co.por~tan o~9anised ~~d ~x~stiny v+~dK tM lews of tM United Stat~~ of Americ~ ~nd havinp in principa~ place of busi~+es~ in tM City of Fut PiHC~. St. luca County. Florlda. Mr~in~it~~ d~sipna~sd as tk» "MORiGAGEE:' 37 8~ 0O and lawiul money of the Un~ted WHEREAS tM MORTGAGOR is jv~tly it~debt~d ro?ht MORTGAGEE in the sum of = • • 8°Od States adv~nced by the MORTGAGEE unto the MORTGAGOR. as eride~xed by a cr~tai~ promisswy note of even date herewith, o) which the foilowiny in ~Qr''8d jipui~ is a trw copy, to-wit: ~ 1~~2~70Z • 3 OV W ~ hta?r ch • 15 19 Fwt Pisrc~. florida. fw value received, 1, we o~ either of us, ptomise to pay, without defalcai~on, to the order of fIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF 37 ~ 8~. ~0 with interest (rom date et the rate of 8' 9°.6 per a~num, in monthly install- FORT PIERCE at F~xt Pierce, fbrid~, the ium of S ments aa fotlows: S 318.00 on the20th ~y o{ April , ~q 74 and a lika sum on the cwrespond~np day of each month there- after unti! the whole be fully paid. Each installment tint shall be apptied in payment of the intereat and then on the unpaid bslsnce of the prsnclpal wm. If default is made in fhe payment of any installment when due. and such default continuea 30 days, the~ at the optan of the holder, and without any other rwtice, all the remaining installmenri shall be due and payable at orxe. Privilege is given to prepay this note in whole or i~ p+?~ at ~^Y time without pena~ty. Nei S 90~rance, nw acceptance by ths ho{der thereof attN sny defauU in anY paYments hercon. shsll be deemed extension. A late payment charge of S sh+ll be added to each ins~allment remainirg unpa~d 7 days afta its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after cach succeeding p+Yme^? date. Each make~, surety and endorser hereof, jointly and severally, waives demsnd, preuntment protest a~d no?ice of p~otest fo~ rwrtpayment, and furthet agrces to any extensio~ of time of payment, eitFxr befwe w after maturity, without notice to sny of us; and to pay all costs o( collection, includ~ng a ~easonable atlw~ey's fee in the event of any defaull hereunder, and hereby seve~ally wsives a11 benefit of homestead and exemptio~ under the constitution and laws of each State of tt~e United Ststes, ss against this obligation ot any eatens~o~ w renewal hereof. tillitness the hand snd xal of each party. ~A~~ s Grady O. Mof f it t ~~ai~ tsenu s/Willie eo 1No itt ~ ~ $ 56. 70 ) Sts~e Revenue ~~d~"~"~'+.~"°'~) 37 800 00 NOW, 1HEREFORE, the MORTGAGOR iw the purpox of srcuring psyn+ent of ssid sum of = ~ • , and the performance of the covenants and sgreements hereinafter expreued, and fw divers good and valuabte considenlans. bY thess P~exnts, does grant, bar9ain, sell, remiu, releax, convey and confirm unto the MORTGAGEE, iri svccessws and auigns, ell that cert~io lot, piece w parcel of land, situate, lying, and being in 1he ~~~ry ~ St. 1.1~C1@ and State of flo?ida, d~wibed as follows: South 42 feet of L.ot 3, and North 28 feet of Lot 4, Block 2, StJNRISB BSTATBS, as per plat thereof on file in Plat Book 8, Page 75, recorded in the public zecozds of St. Lucie County, FloYida, irs C _ ~ F ~=j STAT..._ ~L~R~.,.~-. ~ ~~Z " OOLUNfEPitARY.,l=-;-~ STT~MP ~t.>: ~ I °c~ - OEPT.OF REVE1~tU~ ~ f ~ ~ _ = ~,..K : s•~~ t ~ = ~ ~S = ~ ~J ~ ~ i•;?f ~ a ~ V. 1 0 ~ N _ i~io2 w ~ DIE all CUlS3 'C INT ~ N PAYME~ ~ T~~ ° ~~alE PE!:SC . ~ ~1W'TER 71-134. ACTS ~ Pr~ESIy, . lY)1. ~ _ . d1~1Mf CtRqitT ppWtf. iT. L{~ ~ p together with all and singubr the tencments, hereditamrnb snd +ppurtances the?evnto belonging w in snywise sppeNSining thereto. +~d ell rents, iuues. proceedy and profin sccruing snd to acuve from s~id premises, all of which are included in the above snd fwegarg desuiptio~ and habendum. TO HAVE AND TO HOID the above desvibed +nd granted premises unto the said MORTGAGEE, its successws and ~ui9ns forevar. Md tlw said MORTGAGOR fw their executon, administrators and auigns, he?eby covenanri with fhe said NIORTGAGEE, i» s~xcessors ~nd ~ssiy~s• that they are ~~~{~~~Y K;Z~ af the said prem~ses in fee ~imple; that the s+me ue free, ckar and discharyed from all liens and enc~m- brances in Iaw w in equity, snd that they wil! and their hein shall wanant and defend the titk to the ssme to ths said MORTGAGEE, its successo?s snd suigns, fwever sgainst the lawful claims and dcmands of ~II persom; ° PROVIDED, AIWAYS that if the MORTGAGOR shsll pay ~+nto the MORTGAGEE the prom~ssorY rate hereinbefore destribed ~nd sFull 1ruIY. P~o'^Pt~Y and fully perform, discharge, execute, comp~ete, comp~Y with and abide by each and every the stipulations, sgreements, conditions and covenanfs of ssid promissory note snd oE this Mortgage. then this Mwtg+ge and the Estate hereby created shalt cesse ~nd be null snd void. IT IS UNDERSTOOD that tFro word "Mortg+9w"' whether in the singular or plural e~ywhcre in this Mortgsye, shal) be singulsr if one only a~d shsll be plur~l jointly snd severally if more than onr, snd thst the wwd "their" ss used anyvrhe~e in this Mortgage shall be taket+ to mean "hi~; ••'hen or "iri;' wherever the context so implies or admits. Also, thst wherever there is s reference i~ the covenanb and agreementi herein contained to any of tfie p~rties hereto, the seme shall be construed to mean as well as the heirs, legsl representstive~, successon snd ssigns (eithtr volunt~ry by act of the psrties or involvntsry by opcratan of 1F+e law) of ~he same and that the covenants herein contained shall bind and the benefib ~nd advantages inure to the respectivs heirs, kgal represent~tives, successors snd ass'gns of tF+e part~es hereto. q~ ~id µortgsgors, for themulves a~d the7r heirs, leyal representatives, successors ~nd auigns, hereby jointlY and severally covenant and ~yree to ~nd with the aaid MORTGAGEE, its wccessors and suigns: 1. To pay all and sinyular the printipsl snd interat and the various and sundry sums of money payable by virtue of said promissory note, and tF?is mortgage, esch and every, p~omPtly on the days respectively tl~e same severally becane due. 2. To psy ~II and singvlar tt~e ta:es, astessmeMS, levies, lisbil~t~es, obligations and encumbrsnces of every n+ture +nd kind now o^ said desuibed property or that hereafter rt+ay be imposed, wffered. Plxed, levied, a suessed fMr or that heresfter may be levied a assesad upon this MwtQ- spe, or tF?e indebted~ess sea+red hereby, each ard every, when due and psyable, xcordi~ to Iaw, befwe they become delinqvent, a~d befo~e any intetest se attaches or any penalty is incvrred; AND INSOfAR AS ANY THEREOf IS OF RKORD T1~ 3A1YlE SHAII BE PROMPTIY SATISFIED AND OISCHARGE~ REtORD AND THE ORIGINAL OFFICIAL DOCUlI6ENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SMNtL BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN ?EN DAYS NEXT AfTER VAYMENT; ~nd in the event thst sny thcreof is not paid, sst'sfied a~d discharged ss:d MORTGAGEE mey at +~Y ~~^x WY tix ssme w any psrt thereof willwuf wsiving w affecting any option, lien, equity or •;~F? .iqht under or by virtue of this mortgage and the full amounf of eath snd every such paymeM shall be immediately due and payabk and shall bear interest s.om the date thereof until paid at ~ate of ~ine per cemum per annum and together w~th suth inte~ef~sh I v?ed by the lien of th's mwgtaye. ; ~fl~~~~ ~ ~ ' - ~ ~ " ~ ~ ~~'p' ~ - ~ s~ ~ _ ~ .r ~'c.~r°~ ° ~ _ ~s~~`~:i`..- ~_..s , ~ -