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Home My WebLink About0269 • ' 2'7'7238 ~ ~ . - THIS iNDENTURE, Mad~ t1i~ `118t11V day of Ha=Ch - A.D. 19 74., between Grady L. Owsley snd CynLhia D. Owsley, his vnife _ of $t. Lucie CW~ty Fluida, hereu?afta dcsgna~ed ~s-tM "MORTGAGOR;' and FIRST fEDERAt SAVINGS ANQ LOAN ASSOCIATION OP fORT PIERCE, • corpaation w9anized •nd exla~inp under ths laws of tM United Stata of Ameriu u+d Fuvinp iri principal plac~ of buun~u in tM Ciy of Fort PiKCe, St. l~ci~ Gounty. FlorWa, hereU»ita das~gnated ~s 1i» "MORTGAGEE." WHEREAS tM MORTGAGOR is j~itly ind~bted to the ~V10RTGAGEE in ths sum of = 3O ~ 0~' ~ good a~d lawful money of the Un~ted States advaoced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a, cerhi~ promissory noro of eve~ date herowith, of whlch the followinp in wwds and fiyvre~ is a trve copY. to-wit: = 30.000.00 ~,j, 10020704 Fort Piercs, flaid~. M~tCh 18. 19 74 Fa value received, I, we w either of us, promise to pay, without defalcarion, to the ordcr of FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE al Fon Pierce, Fbrida, the ium of S 3~~~~•~ w~lh intereat from date at the rate of 8•9 96 pK +~urt+. mo^thly i~utal6 ments as follows: ~ 252 on the ZOth day of April ~ 19 74 a like sum on the correspw~diag day of each month there- after until the vrhole be fully paid. Eath installment iirst shall be applied in payment of ths interest and thcn on the unpaid bslance of the principal sum. If default is made in ths payment of any installrrKnt when due, and such default continues 30 days, the~ at the option of the holder, and without sny other notice, all the remai~irg ~nsullments shall be due and psyable at once. Privilege is piven to prepay this note in whole o? in p+rt ~t anY t~n+e `Nitha+t Pe^alty. Neithe? forebearante, nor acceptante by the holder thereof a(ter any defauN in any payments haeon, shall be deemed extension. . A late payment charye of s 12 `60 sha~l be added to each installment remaining unpaid 7 days afte~ iri due date, and-a like sum shall be added to each s~ch installment remaininp unpaid 7 day~ ~fte? each succeedirg payrtxnt date. E~ch make~, surety and e~duser hereof, jointly and severally, waives demand, p~exntment protest and notice of protest fw nonpayment, and f~rther agrees fo any extension of time of payrtxnt, eitFxr betore o? after maturity, without nat:ce to any of us; and to pay all msts of collection, includ~ng s reasonable attaney"s (ee in the event of any defautt hereunder, and hereby severally waives all beoelit of homeatead and exemption under the constituYan and laws of exh State of the United States, as against this ob:igation o? any ex~ens~o~ or renewat hereof. ~ Witneu the hand aod ual of each party. (SFa?U ' s/ Grady I.. Owsley cs~?u s/ Cynthia D. Owsley ~ $45.00 t Stste Revenue pv,s~s~111~11N~~IMIb) NOW, THEREFORE, the MORTGAGOR fw the p~rrpose of securing p~yment of said wm of = 30+~~•~ , and the perfwmance of ths covenants and sgreements hereinafte~ exp~essed, and fw divers good and vsluable considrations, by these presenri, does grant, baryain, sell, remise, release, tonvey and confirm unto the MORTGAGEE, its tuccessus and auigns, all that ce~tain lot, piece or psrtel of land, situate, lyirg, and being in the County of St . Luei e and State of Fbrid~, described ~s followa: Lot 28, Block 73, LAICE`W~OOD PARK SUBDIVISION, UNI? #'7, as pez plat thereof on file ia Plat Book 11, page 13, of the Public ~ecords of St. Lucie County, Florida d STATE ~F FLOR~DQ ~ DOCUMENTARY¢'.rN,.~STlaMP I~ ~ ~ c°-' DEPt. OF REVEMUE ` ~ ~ N= _:..:;;Z~•~» ~ 4 5. 0 0 i i ~ ~p&2 1 ~ o - . . . . . . . . ~ U' ~ NI ?AYMElfT OF TAXFS OIE WI Cl/?SS 'C 1lITAN61~ PfR90~A1?R~1'(Y. pUR~MIK~ TO ~IMiFN 71•234. AL'TS Q 1N1. ~ eoe~ rortius a~ec c~KC~r ooWrr. st. wc~ oo, ~ togetf?e~ with all and singular the tenements, FKreditaments a~d appurtantes 1Fxreunto belonging or in +nywise ~pperl+7ri~n9 therefo, ~nd ~II renb, iuues, prxeeds and profib acauing and to sccrue from ssid premises, alI of wFiKh ~re irxluded in the ~bove and fweyoing descriptron and h+bendum. TO HAVE AND TO ~lD the above described and granted premises unto the isid MORTGAGEE, ib successors and auiyns forever. Md tF» s+id MORTG R for the- r--- he7n, executors, administratws and assigns, hereby covenanb with the si~d MORTGAGEE, ib wcceuo?s and auiym, ~ ~har ~~ey d Ye - lawfully x~zed of the said premises in fee simple; tF?at the iame ue frae, cka~ and diuMryed from all liera snd er+cvm- brances in law or in equity, and th~t they M,;~~ the~ Z hein shall warrarM and defend the titk ro the ~ame to tF~e ssid MORTGAGEE, its successws and auigns, forever against the Iawful claims and demands of al) perwr?s; PROVIDED, AIWAYS that if the MORTGAGOR shall psy unro tF+e MORTGAGEE the promiupy rate hereinbefw~ dewibed a~d shall tr~ly, promptfy and fully perfam, discha~ge, execute, comptete, comply with and abide by each and every the stipulstions, ~greements, conditions and covensnts of said promissory note end of this Mortgage, then this Mwtgage and the Estate hcreby created shall u~se and be null and void. ~ Ii IS UN~ERSTOOD thst the ~wwd "Mwtgagw" whether in the si~gular or plural anywhet~ in this Mortgage, shall be iingulu if one only snd shall. be plvrsl jointly and severally if mwe than one, and that tF?e wwd "their" as used snywhere in this Mat9aye shall be tske~ to mesn "his," "hen," ~ or "its," wherever the context w implies or admits. Alw, that wherever thae is a reference in th~ covenann and sgreemenn Merein contained to any of , ~ the parties hereto, the wme shall be construed to mean a~ well ss the heirs, kysl repreientatives, successon snd usigm (eitF~er voluntary by act of the parties w irrvduntsry by operat'an of the law) of the ssme and that the covenanri herein contained shail bind and the benefib and adr~ntayes inure '~r~_,' ro the respective heirs, legal representatives, succeuors and ass%gns of the psrties hereto. And ~aid Mortgagon, for themselves and their heirs, legsl representatives, succeswn snd auigns, hereby jointly and severally covenanf •nd ~yree ro and with the said MORTGAGEE, its s~ccessws and auig~s: 1. To pay sll and singular the principal and interest and the various snd sundry swns of ma?ey pay~ble by virtue of ssid promissory note, and this mwtg~ge, exh and every, promptly on the days respectively the same sever+lly become due• ~ 2. To pay all and singular tF~e taxea, ~ssesunenn, levie~, liabitities, obligatior?s and encumbranca of every nswre and kind now on ssid desvibed ~ Property, a that hereafter may be imposed, wffered, placed, levied, or sasesud tFxreon, w thst heresfter may be levied or ~sseased upon this Mort~- age, a the indebtedness secured hereby, sach and every, when due and payable, accordinp to Isw, before they become delinquent, ~~d b~fore ~ml intereit attache~ or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND DISGHARGEO OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERTIFIED) SHA:I BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN?; and in the event that any thereof is not paid, sat'sfied ~nd discherged sa:d MORTGAGEE may at any time pay the same or any parf the~eof withovt waiving or a?fecting sny option, lien, equity ot •~qht under or by virwe of this mortgage and the full amount of e~ch and every such psyment shall be immediatcly due and p~yable ~nd shall be~r interest ~.om the dste thereof until paid at rate of nine per centum pe~ annum and t t such interett thaH be secured by the lien of th:s morgtaye. d00N +G~~ PAGE (.VO < _ - - -r ~ v - ~ ~ . ~ ~ ~ ~ ~ ,f _ b ~ - ~ -