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Home My WebLink About0498 Fi I <<}V ~ ? • ~ . • • ~ v THIS INDENTURE, Made 1he 21st day of ~YC~1 - _ A.D. 19 74 betwccn Naomi June Gaunce, a single adult A of $t • 1'u~'iQ Co~nry florld~, hereinafter de~~gnated as the "MORTGAGOR;' and FIRS~ FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation orga~ized and existing undrr the laws of ths United Stat~s of Am~~ica ~nd haviny itt principal pl~ce of bu~iness i~ ths City of Fort Piace. St. lucie Cou~ty, flaida, hereinafter dri~qnated as tM "MORiGAGEE:' 8 s SO~~ ~ ood and lawful money of ~he Un~ted ~ WHEREAS the MORTGAGOR is jut~ly indebted to ths MORTGAGEE i~ the ~um of i 9 States advanced by the MORTGAGEE unto the MORTGAGOR, as evide~rced by a cee~ain promisswy ~ote of aven date he~ewith, of wh~ch the following in i i ~8 ~ 5~~.80es is a true copy, Io-wit: 1~020720 No Fort Pierc~, Fbrida, ~rch 21 ~y n Fw value received, I, we or eithe~ of us, prom~se to pay, withoul defalcat~o~, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of S- 8~ 5~! _ w;th interest (rom date at fhe rate of 8~ 9 :o per a~num, in monthly install- ments as fo~!ows: S 1O8 •~0 on the 20LZ1 day of ~y 19 74_ and a Gke sum on the cwrespond~ng day of each month there- after un~il the whole be fulty paid. Each•inatal~rnent first shall be applicd in paYment of the interest and ehen on the unpaid balance of the p?inc~pal sum. If default is made in the pay~nent of any i~stallment when due, and such default co~?~nues 30 days, then af the optio~ of the holder, and wi~hout any other notice. all the remaimng instatlments shall be due and payable at once. Privilege is g~ven to prepay this note in whole or in parl at any time without penalfy. Neither forebearance, na acceptance by the holder thereoi affer any default in any payrncNS hereon. shall be deemed extension. A late payment cha?ge of ss•4O shall be added to each instal~ment remsining unpa~d 7 days affet its due date, and a like sum shall be added to each such installment remaininy unpaid 7 days a(ter each succeed'+ng payment dafe. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, p~esentment protest and notice of protest far nonpaYment, and further agrees to any extension of t~me of payment, either before w after matur~ty, without ~otice to any of us; and 1o pty all costs of collection, i~clud~rg a reasonable attorney's fre in the event of any defau~t hereunder, and hereby severatly waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as aga~nst this obl~gation a any extension w renewal hereof. Witness 1he hand and seal of each party. (SEAI) s/Naomi June Gau~ce, a single ~t (SEAL) (SEAI) ~ ~12.75 1 $tsle Revcnue ~.,~-~~+~..,,-A~~~ ~«a 8 , 500. 00 NOW, THEREFORE, tFx MORTGAGOR for the purpose of securing payment of said sum of S and the pertwn+ance of 1hs covenants a~d agreements hereinaiter expressed, and fw divers good and vatuable co~siderations, by these presents, does 9?ant, ba~gain, sell, remise, releax, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, arvf being in the Co~ny of St. LUC1@ and State of Flwida, described as tol{ows: Begin on the West line of Loraine Street at a point ahich is Four Hundred and Seventy and eight-tenths (470.8) feet North of the North line of Okeechobee Road (Said North Line of Okeechobee Road being also South line of Lot now owned and occupied by Clyde E. Killer) fYam this point of beginning run West One-Hundred and forty-f ive (145 ) feet ; thence North Fifty (50 ) feet ; thence East One Hundred and Forty-five (145j feet; thence South Fifty (50) feet to . point of beginning. The tract of land hereby described and conveyed being a lot fronting Fifty (50) feet on Loraine Street, Fort PieYCe, Florida, and located in the Southeast Quarter of the Northwest Quarter of the Southeast Quarter of Section 9, ?ownship 35 South, Range 40 Sast. : I 7-~ 1M PAYMEI(f OF T~XF3 ST~TE ~F FLOR~::~~.1 ~"fD U Ll M E N T A R Y~= z_~ $ T b M t) DUE W~1 CtASS 'C INTANGIdLE PERSOOU1l PIi~9![Yi ~ ' f.i : . Or r!iYEVUE c:. ~r:•~-- - PU1~MI~T TO ~ER 71-134. AGTS ~ 1~. ~l ~ S ~ K~; N=~e =~,::2~•,+ I 2. 1 5 i a~c ~oo~u~~ ~ oo. ~u, - :IfJ2 ' 7 ~ together with all and singu~ar the tenements, hereditaments snd appurtances thereunto belonging w in +nywiu appertaining thereto, and all rents, issves, proceeds and profits accruing snd to acuue from said premises, all of which are included in the above and foregoing desuiption and habendum. ; TO HAVE AND TOhe~ the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. Md the ssid MORTGA~,pR for. ~~~s, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, it~ sutcessws u+d aui9ns, 5!1@ 1S _ ~awfull seized of tF~e said emises in fee simple; that the same sre free, clear and dixharged from al) liens ar+d encvm- that Y ~ brances in Iaw or in equity, and that ghe will and her heirs shall warrant and defend the title to the aame to the s+id MORTGAGEE, its succeesors and assigns, (wever against the iawful claims and demands of all perwns; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy ~o~e hereinbefore deuribed end shall fruly, promptly and fully perform, discharge, execute, complete, comp~y with and abide by eacF~ and every the stipulatio~s, agreements, co~ditions +nd covenants of said promissory rwte and of this M.ortgage, then this 1Nortgage and the Estate hereby vested shall cesse and be null and w~d. ~ IT IS UNDERSTOOD that the wwd "Mortgagor" wFxther in the singular or plural snywhere in this Nbrtgsge, shall be singular if one only s~d shall be plural jointly and uverally if more than one, and that the word "tF~eir" as used anywhere in this Mortgage shall be t~ken to mesn "his," "hen;' ; or "its;' wherever the contex? so implits w admits. Also, that wherever iF~ere is a reference in the covenanri and agreemenq herein contained to any of the parties hereto, the same shall be construed to mean as v~ell ss the heirs, legal ~epreuntatives, successas and assigns (either voluntary by +d 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 adrantages irwre to tFx respective heirs, Iegal representatives, successors and au~gns of tF~e parties hereto. And said Mortgagors, fw themselves and their heirs, legal representative~, successors and assigns, hereby jointly and severally covensnt and ~gree ? i to snd with the said MORTGAGEE, its successors ans! assigns: 1. To pay all and singulsr the p?incipal and intcrest and the various and s~ndry sums of money payable by virtue of said promissory note, +nd thi~ ; mortgage, esch and every, promptly o~ the days respedively the same severally become due. t 2. To pay a!1 and singular the taxes, assessments, levies, liabilities, obligations and encumbrarxes of every nature and ki~d now on wi~ described ~ property, or tha~ hereafter may be imposed, suffered, p~aced, levied, w asxssed thereon, w that hereafter may be ~evied a assessed upon fhis lNort¢ age, a the indebtedness secured hereby, exh and every, when due and payable, acc«ding to iaw, befae they become delinquent, and befwe any intaest attaches w any penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTIY SATISFIEO AND OISCHARGE~ Of RECORD AND THE ORIGtIVAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSE~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AF1ER PAYMENT; and in the event that any thereof is not paid, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same o? any part the~cof without waivi~g or affecting any option, lien, equity or •~aht under w by virlue of this mo~tgage and the fvll amou~t of each and eve~y such payment shall be immediately due and payable and shall bear interest i•om tFw date thereof u~~il psid at rate of n~ne per centum per annum and together w~th such interett shall be xcured by the lien of th:s morgtage. ~ ~°oou~5 _ ~ ~ti,'A _ ; ~ ~ : ~m: ~,w , ~ : , _ . ~ ` . _ _