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Home My WebLink About0986 , ~r ~ ~ < <f a3 THIS INOENTURE. Msd~ the 20t~1 d~y af _MdlCh - A.D. 19~4-. be~WK~ Jaaes R. Strickland, Jz. a~d Suzanne B. Strickland his Nite of St - L-11C~B County Florida, htreinafter d~sgna~ed ss the "MORTGAGOR,' and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a corpaatioe+ or~anized and exiiti~p unde. the laws of the Unit~d S~aqs of America and haviny iri principa) place of butinsu In th~ Cify of Fort Pi~rce, 51. lutie County, florid+, herein+fter deii9nated as tM "MORIGAGEE:' ~ WHEREAS ~he MORTGAGOR is justly indeb~ed ro tF?e MORTGAGEE in fhe ~um of s 33 3A~~~_ good and lawful mo~ey of the Unitcd S+s~es advanced by tfie MORTGAGEE unto the MORTGAGOR, as avidenced by a certain promissay note of eve~ date he~ew~th, of which ~he followin9 in words and figures ~s a trve copy, to-wit: i ~*30U.0o , . H, lnn?n71o Fo.t Pierc., F~w1da, March 20 19_.?'~ ! i Pw value received. 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS ANO LOAN ASSOC~ATION OF FORT PIERCE at Fa:f Pierce, Fbrida, the ium of j 33 with intereat from date at the rate of g• 7 SYo pK annum, in monthly. inaull- n,ents ai follows: i 27'a•0O a+ ~he ~th day of J~y . 19 74 a~d a like i~m on the cwrespond~ng day of each month therr ; after until the whole be fully paid. t Each installment first shall be applied in paymem of the interest and ?hen on the unpaid balance of the princ~psl sum. If default is made in the payment of any installment whm due, and such default cominues 30 dayt, then at the optio~ of the holder, and without any other notice, all the remaining ~~stallments shal~ be due and payable at once. Privilege is given to prepay this note in whole w in part at ~ny t~me wi+hout pensNY• Ne13f 70~raoce, nor atceptante by the holder thereof aiter any default in any paynxms hereon, shall be dcemed extens~on. A late payment tharge of S • ~ added to each installrt+ent remaining urtpaid 7 days aiter itf due date, and a like sum shall be added to each such installment remaining unpaid 7 days aftet each sutceeding payrtcent date. ~ + Each make~, surety and endorser hereof, joiroly and severally, waives demand, prese~tmmt protest and notice of p~otest fo~ nonpayment, and further ~ agrees fo any ex~ension of time of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of rnllection, includ~ng a reasonable atto~ney's fee in the event oF any defsull hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutan and laws of each State of the Uni~ed 5tates, as a9ainst this obligatio~ or uey extension w renewal ixreof. Witness the hand and seal of each party, s~ James B. Striekland, .~Y• (SEAI) (SfAI) cs~?u s Suzanne B. Strickland ~ ~ $ 49.95 ) State Revenue aaap~ ~a+~aa~=~'~s.x ~.s 33 300.00 and the rformarxe of the NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of ssid :um of = t PQ cove~ants snd sgreements hereinafter expressed, and for divers good and valuable coroiderations, by these prese~ts, does granL bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and auigns, all that cenain lot, piece or parte~ of land, situate, lying, and being in tF+e Ccunty of St . Lue ie ~nd State of Florida, descr~bed ~s follows: , F e Lot 25, Block 137, LAKEW'OOD PARK [~1IT NO. 11, as per plat thereof on € file in Plat Book 11, Pages 32A thru 32D, of the P~lic Records of St. Lucie Cou~ty, Florida~ , ~ - ' i . t , ~ G i - ~ .N?r, ~ . . . . / / ~ ~I?YM~ . ~ . - (0 ` J ~ ,Nt~:G1~t ~15 ~ R~' ~ ~ ~ Q STA~'E °F Ft_.OR1fDA ~ T :;~.sTAiV?P ~ A> ~ ~ o~~ io ~t po~ ~ d~+ : EN.ARY~. ~ ~~z DOC_ UM vENUf ~ ! UEPT Of NE •T4~. ~ ~ 9 5 ; . ~ aa~ ~ _ = ~zo ,.l ~ ~ , N = P.9. ~ ~ ~ ! ~~~n2 0 fogether with sll and singulsr the tenements, hereditaments snd ~ppurtsntes ihereunto belonging or in anyw~se +PPeN+i^~n9 the?ero, and all rents, issues, p.oceeds and profin acu~ing snd 1o accrue from said premises, all of which.are included in the above ~nd fwegoirg desviptwn ~nd halxndum. TO HAVE AND TQ HQLD the above dtscribed and granted premises ~nto the said MORTGAGEE, its s~ccessws snd ass',yns foreva. Md ti~e said MORTGAGOR fw t~lelY - he~rs, executors, administrators and assigns, Ixreby covenanb with the said MORTGAGEE, in successon ~~d usigro. rhat thev aZg_ lawfully se~zed of the ssid premises in fee simplr: that the wme sre frce, ckar and diuh~ryed from sll liem u~d ~ncvro- ( brances in Iaw or in equity, and that_ t~pr will ~nd thP_i7~ hein shsll warrant snd defend tl~e title to the same to the ssid : MORTGAGEE, its successors and auigns, forever against the lawful claims and demands of sll persons; ; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note he~einbefore described u~d sMll truly, promptly I ~ and fully perfwm, d~scharge, execute, compkte, comp~y with and abide by each and every the stipulations, a9reemer?ts, conditiaa snd tovenanri of said ~ promissory note and of this Mortgage, t}~en this Mortgage and the Estate hereby veated shall uase a~d be null snd void• j ~ IT IS UNDERSTOOD that the wwd "Mutgsgor" whether in the singular w plural seywF~ere in this Mwtgage, shall be singulu if one only and ? shall be plurol jointly and severally if mwe tMn one, and that the wad "their" as used snywhere in this Nbrtgage shall be taken to mean "his;' "hen;' , ~ or "its;' wherever the context w implies w admits. Al~, that wherevcr there is a reference in the covenanri and syreements herei~ oont~ined to sny of the parties hereto, the same shall be construed to mean as well as the heirs, kgal represenratives, suuesson and assigrn (either wlunury by acf of the = parties w involuntary by operation of the law) of the same and that the covenants herein co~t~ined shsll bind and the benefits +nd advantaga inwe to the tespective heirs, kgal representatives, successors and au~gns of the parties hereto. ~ Md said Mortgsgws, for themselves and their heirs, legal ~ep~euMatives, successors and auigm, hereby jointly snd severaUy covenant end ayree n to and with the said MORTGAGEE, its successon and suigrn: ~ 1. To psy aIl and singular the pri~cipal snd interest and the vario~s and sundry sums of money p+yable by virtue of said promissory note, and this ~ ~ mortgsge, esch and every, promptly on the days respectively the same severally becort+e dve. 2. To p+y ~II ~nd singular the taxes, assessments, levies, lisbilities, obligations and encumbrances of every rature and kind raw on said described ~ property, or that hereafter may be imposed, wffered, plxed, levied, or sssessed thereon, or thst hereaftet may be levied w use~sed vpon this Mort¢ age, or the indebtedness secured hereby, esch snd every, when due and payable, accordirg to law, before they become delinqucnl, and befwe a~y ioterp~ - a+taches or any penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SAtISfIED AYD DISCHARGEO OF RECORD AND THE ORIGINAI OfFIC1Al DOCUMENi (SUCH AS, FOR INSTANCE, TFlE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSE~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eve~t that a~y thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE msy at any tfine p+y the same w any part tFxreof without wsiving o~ aflecting any option, lien, equity a ; •~qht u~der or by virtue of this mortgage and the futl amount of each and every such payrtxnt shall be immediately due and paysbk and shall bear interest ~ ~rom the date thereof until paid at rate of nine per centum per annum a such int II be secured by the lie~ of th:s morgtage. ~ ~ ~ - ~i.'.ck.%.ve~ °4:N" n k L.'~~`,F, C.n ~ q~ A, '•e . ~ ~ ~'°.cs..~~a 3 i'~ ~ S` ~ *e~- ~ ~ : ~.m.. +z,;r . ~,yd ~ ~~...3,_ ~§`~~-~u . ~ _ . . m