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Home My WebLink About0984 March • ' A.~. 19-Z4.. betw~a~ THIS INDENTURE, N1ad~ IM 2~'h d~y of Joseph W. Lee and Charlotta Lee. hia wife _ af St. Lucie Cp~nty Florid~, F~Qf~iMflM d~ignated +s tM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwporation w~a~ized sr?d exit~iny unde~ ~h~ laws of tM UniMd Sf~t~s of Ame~iu and Mviop its pri~cipel pl+ce of buii~ess in the City of fort Pi~res, St. Lucis County, Flwkla, her~inaher desipnated u tFw "MORiGAGEE." WHEREAS th~ 1NORTGAGOR is justly ind~bted ro the MORTGAGEE in th~ sum of = 14 .~0. ~ good and lawful moneY of the Un~ted States advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a ce~tain promiuory not~ of even date herewith, of which the followinp i~ words and (gures is a trw copy, to-w~t: ~ 10020'713 i ~¢.800.00 ~ P~n. F~~. March 20, 19 74 fw value ~eceived, 1, we or a~ther of us, p~om~se to pay, without defalcation, to ~he order of FtRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at fort Pie~ce, Flwida, the aum of s 14~~~'~ w~th interest (rom date at the r~te of 8•9 % ps? aonum, in monlhly instalb meros as follows: = 134.~ _~~~2~th day of M'a'y 1974 snd a like sum on the carespaxl~ng day of esch monih the~e- af~er until the whole be fully pa~d. Each installment fi~st shall be applied in payment of the interest and ~hen on the unpaid balante of the printipai sum. If default is msde in 1M payment of any installment when due, and such default tontinues 30 days, the~ ~t the optian of the holder, and without any other notice, all the remaining i ~natallmcnts shall be due and payable at once. Privilegs is givea? to p~epay thi~ nots i~ whole w in part at any tima without penalty. Neither faebearance, nor acceptance by the holder thercof after any default i~ ~ny payrt+ents hereon, shall be deemed extension. A Iste psyment charge of f 6• 7O - shsll be added to each instaltment remaining unpa~d 7 days after ita dus date, and a tike sum shall be added to each such installme~t remainirg unpaid 7 days afte~ each succeeding paYment date. Each maker, surety and endorser hereof, jointly and u~erally, waives demand, presentment protest and notite of protest fot nonpaymeN, and furtF?er agrees to any exteniwn of time of payrrxnt, either before w after maturity, without notice to any of us; and to pay al~ costa of col?ection, ir+dud~ng a reasonable attorney's fee in the event of any detault herevnder, and hereby severally waives all benefit of homestead and exemption under the constitution and Iaws of each State of the Unifed States, as against ~his obligation w any extensioo w renewal hereof. ~ Witness the hand and seal of each party. ~ (SEAL) ~ s/ Josevh W. Lee ~+u i (SeAU i s/ Chazlotte Lee ~ i ~ ~`22.20 ) Stste Revenue t~°'~~'~'~~ llt 800.00 s and the ormance of the NOW, iHEREFORE, the MORTGAGOR fa the purpose of secvring payment of ssid sum of S P~'f covenants and agreemenq hereinafter expreued, and for divert good and valuable toniiderations, by fhess presenb, does gnnt, barg~in, sell, remise, retease, convey snd confirm unto the MORTGAGEE, its successors and auig~s, all that certain bt, piece w parcel of land, situate, lying, and being in the County of St. i'uCle snd State of Florida, described ~s fo~lows: Lots 9 and 10 and the South 1~ of Lot 11, Block 21, tU1RPUNY HBIGHTS ADDITION ~14, according to the plat thezeof on f ile in Plat Book 9, at Page 71, Publ ic Records of St. Lucie County, Florida, i p ~AYMt7~ ~ ~ i . R~'~~ NTNM+~Mi ~S ~ Ly~ji~l . ~ , pJE ON ~ ~pp1ER 71•13A. ~ ~ ~ ~a?s ~ ~ ~T p` ~ N R s~ ?~+Q- ' c, a ; ~ s~, uuoE aa. ~ ooc~rn o? cn flEp OF REYENUE f~~ ~ f+ q ~ 2 O I v _ _ r:,~K2:i T` . ~ ~ , O ~c ~ N - }p8.2 - 0 ~ogether with sll and singulsr the tenements, hereditamenri ~nd appvrtances thereunto belongirg or in snywite ~ppert+~^irg fherero, ~nd all rents, issues, p;oceeds snd profin ~cauing and to acuue from said premises, all of which are i~?cluded in the ~bove ~e+d foreyarg desviption and habendum. ~ TO HAVE AND TO HOLQ the above desuibed and granted premises unto the said MORTGAGEE, ib wccessws ~nd auiyro forever. And the said ~ MORTGAGOR fa the1Z ~~rs, executon, administrarors and assigns, hereby coven+nri wifh the said MORTGAGEE, its waessws +nd ~ssi9ro• that Y lawfully seized of the said prem~ses in fee simple; that ths same ue ftae, ckar and dixharged lrom all liens and entum~ ~ the are their ' b~ances in Isw or in equity, ard thst they W~~~ a~ hein shal) warrant and defend the fitle to the same fo the said MORTGAGEE, its succeasors and assgns, forever against the lawful claims and demands of •II perwro; PROVIDED, AIWAYS that if the MORTGAGOR shalt p~y unto the MORTGAGEE the promissory rate hereinbefore destribed and shall trulY. PromPtly ~ and fu{ly perform, d~uharge, execvte, compkte, comply with and abide by each and every the stipulations, ayreements, canditans +nd covenann of .a~d ~ promissory rate ~i+d ot this Mortgage, then thif Martgsge and the Estate hereby creatcd ihall cease +nd be nv~~ +~d void• H=' 1 =s IT IS UNDERSTOOD tfiat the word "Mwtgsgor" whether in the sirgular or plv~al anywhere in this Mortga~e, shall be tirgular if one only and ~ ~ shall be plural joiotty snd ~everatly if mwe than one, and that the wwd "the~r" as used snywhere in tha Mwtyage sh~ll be tskan to me~n "his:• ••hen:• ; or "its," wFxrever the context so implies or admits. Also, that wherever there is • reference in rhe ooveo+nn ,nd .qreemenn F~e.ein conisined ro •r~y of ; ~ the parties hereto, the same shall be constrved to mesn as well as the I~ein, leyal rtpresentatives, wccesson and auipro (either volu~ary by x? of the 2 ~ parties or involuntary by operation of the Iaw) of the sune and that the covenants herein contained shsll bind ~nd the bensfib ~nd advantsyes inwe ~ to the respective he+n, Ic~al repreuntatives, successors and su'gm of the parties hereto. z ~ And said Matgagors, fw themselves and their hein. Ieyal representatives, successors +nd asi~gns, hereby joiMly and sevaalty cove~ant and ~yree f to and with the said MORTGAGEE, i~s successws and auigns: > ~ 1. To psy sU ~nd singvbr the principal and interest ~nd the var'wus and sundry sums of mo~ey payable by virtue of said promissory rtote, and this ~ mortgsge, each ~nd every, promptly on the days respectively the same severally become due. 2. To pay all and singulu the tsxes, usessmenn, levies, liabilities, obligstia+s ~nd encumbrances of every natwe and ktnd now on said desvibed property, or that hereafter may be impoted, wffered, placed, tevied, or +uessed thereon, o~ thst hereafter m~y be levied or sssested vpon 1F~is Mwt¢ ~ age, or the indebtedneu sct~red hereby, esch and every, when due and payable. ~ccordinp to law, befw~ tkey become delinquent, and befwe any iMerest ~ attathes or any pen+lty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKOR~ 1ME SAME SHAtI dE PROMPTLY SATISfIE~ AND DISCHARGEO OF ~ RECORD AND THE ORIG113A1 OFFfCIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIAILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the erent thst any tlNreof is not , pa~d, sat'sfied and d~scharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without wsiving or affecting any option, lien, equity or •~qht v~ o~ by virrue of this mortgage and the fult amount of each and every such payment ihsll be immedietely due and payabk and shsll bear inte?est s ~.om the da~e thereof until paid at rate of nine per centum per •nnum and to~tl~r interesf ~J~.~secu~ed by the lien of th:s morgtage. ~ _ i~~~~~ _ a ` - ~x x~~ r a N f~ j z~ 1.' ~`<x . i ~ 3 ~ ~ . _ __.s__ "-~,f`~~i . a,_ .