The URL can be used to link to this page

Home My WebLink About1242 tir ~ ~ ~ v . . THIS INDENTURE, N4de the Z6th ~y a{ Mazch A.D. 19 74 ~ bNv+cen Ha rold G. Elss and Doreet~ P. _El~a, his wif e ; • i of St ~.LICi@ . County Florida. I~f~liM~iN designated as the "MORTGAGOR;' a~o FIRST fE~ERAI SAVINGS AND IOAN ASSOCUTION OF FORT PIERCE, ~ oorpaaNa? or~+nised +^d exii~i~p unde~ th~ lann of tM United S~a~a of Amuic~ +~d h+vi^D j~i P~'^~'P+~ P~ac~ of buiineu in tM City of Fat PiKn. St. luw County. Fbrida, hereinaftsr deipnated as th~ " 2RTG~O. ~ WHEREAS tM MORTGAGOR is jvatly indtbt~d to ths MORTGAGEE in tM sum of ~ ~ , good snd lawful money of the Un~ted Statsi advanced by the MORTGAGEE unto th~ MORTGAGOR, as evidenced by a certa~n promissory no~e of even date her~wHh, of which the following in wwds and figures is a trw copY. 1o-wit: ~ ~ 1~2~j4~ 12'000•00 March 26 19 74 , t fat Pierc~, florida, fw valve received, 1, we or either cf vs, promise to without dafalcation, the order of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF fORT PIERCE af Fort Pierce. Florida, the sum of S 12 with inrerest f~om date at the nte of 8' 9% pe? s~num, in monthly install- ~nents as follows: S 12z' ~ a+ Z~h day of May 19 74 and a like sum on the correspond~~g day of exh month ther~- af~er until the whole be fully paid. Each i~stallment first shall be applied in paY^+c^t of the interesl and then o~ the unpaid balance of the princiPal sum. If default is made i~ the payment of any installment when due, and suth default continues 30 days, then at the opt"wn ol the holder, and without any other notice, all the remaioing ~ ~nstallments shall be due artd payable at once. Privilege is g~vee+ to p~epay this note in whole or in parl st any time without penalty. Neither forebearance, 6.10__ shsu be nor accepta~ue by the holder thereof aftar any defauM in any payments hereon, shal) be deemed extension. A late payrt+ent cha~ge of i iK added to each installmenl remaining unpaid 7 dayi after its due da1e, and a like sum ahall be added to each such installment remaining unpaid 7 days a ter each s~cceedirg paYme~1 date. . Each makei, s~rety and endorser haeof, jointly and severally, waives demand, presentmen~ p~otest snd not~ce of protest fw nonpaYment, and further agrees to any extension of time of paymen6 either befo~e w afte~ maturity, without notice to any of us; and to pay all costs of collection, includ~ng + reasonable at?wney's fee in the event of any defauit hereunder. and hereby severally waives all benefit of homestead and exemptio~ under the conatitutan ;nd laws of each State oi the United States, as againtt this obligation w any extensio~ or renewal hereof. Witness the ha~d and seal of each party. (SeAU s/ Harold G. El~s ~s~o,~~ cs~?u s/ Doreen P. Blss cs~?u ~ $ lg • ~ ) State Revenue cs~cw~a~s~s?~~s~ 12 .000.00 NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of s , and the pe?fa~rmance of ths covenants aod s9reerrKnts hereinafte~ expressed, and fw divers good ar+d valusble cons~drrations, by these p?esents, does grant, bargain, sell, remise, release, convey and confirm unto t~x MORTGAGEE, its succeuws and auigns, ell that certai~ lot, piece or parce~ e( ~+nd. situate, lying, and being in the County of ' $t . LL~ ie -~nd State of Fforida, dew~bed +s follaw+: Lot 28, Block 25, PINEWOOD SUBDIVISION, as per plat thereof on file in Plat Book 5, page 24 of the public records of St. Lucie County, Florida / c1F j ; , L q~ PA ~ P~~' i 7 P'E~ , ?b~E s ~ ~ r- ~ S TA-i E~~ F l_ O R t tD A. ~ a~~~,ss s. n, c n~ . ~z DOCUMENTAR~,~~;~STlaMP Tn a~ ~ a~~ to ~~~p p °c-' `T OfPI. U~ REVENUf s :E - I ~ /C~~ Q it ` I 8. 0 0 N - ee - ~=i•r:~?. i~~ ~ v- - ~ o =~t~Q2 `y, ~ together with a~l snd singular the tenements, hereditaments and sppurtancea thereunto belonging or in anywise appe~tainirg thereto, +nd all rents, issues. proceeds snd profits xuuing snd to acwe from ssid premises, all of whicfi ue included in the above and fwe9ang descripYwn ~nd habcndum- TO HAVE AND TO HOlO the sbove dew~bed and granted premises unto the said MORTGAGEE, its successws and auigns forever. And the said MORTGAGOR fw th@lY ~;rs, executors, administrators snd suigns, hereby covenann with tix said MORTCaAGEE, its successws and ~+igm• fhat they aZe' _~awfully seized of the said premises in fee simple; thst the same ~rs free, cks? and dischsrged from ~II liens and a~cun?- ~Qi r heirs shal! wsrrant and defend the title to the same to the said b.ances in law or in equity, snd that they will swd..~ MORTGAGEE, in successors and au+gns, forever sgainst tfie' lawful c s. and demands of all penoas; PROVIDED, ALWAYS that if the MORTGAGOR shsll paY unto the MORTGAGEE the promissorY ~ote hereinbefore dewibed end sh+ll truly, promptly and fully perfam, diuharge, e:ecute, complete, comply with and ab~de by euh and every the stipulstions, sgreemenri, coodi~ions snd covenann of sa~d promissory nole and of this Mortgage, then this Matgage snd the Estate hereby acated shall uass and be nuU and void. ~ IT IS UNDERSi00D tMt the word "Maigsgor' whether in the singular or plvral ~~ywhere in this Mwtgsye, shsll be sirgular if one only and ~ shsl{ be plural joiMlY snd severally if rtwre thsn one, snd that the word "their" as used a~ywhere in this Mortgsge tMll be tsken to mesn "ha: "'hen " ~ or "its;' wherever thc context io emplies or admits. Alw, tMt wherever there is ~ refe?ence in the coven~nb snd agreemeori herein tontained to sny of the partief hereto, the ssme sh+~~ be cwutrued to mean ss well as the heirs, legal rtpiesentative~, successo?s snd suigns (either voluntary by act of the parties a invduntsry by operation of the tew) of the same and that the covenants herein contained sh~ll bind and the benefits snd advantsges inun ro the respective hein, legal represemativa, successors and ass'gns of the p+n~es hereto. qnd taid Mortgsgo~s, for themselves and lheir hein, legsl representativa, successo~s s~ assigns, hereby jointl~r and sevaally covena~t and ayree to and with the s+id N?ORTGAGEE, its successors snd ssigns: N1 ; ~ 1. To psy all and singulu the principal a~d interest ~nd the wrious ~nd sundry twns of money p+yable by virtue of said prom~sswy note, +nd thi~ mortg~ge, esch +nd every, p~oa~Ptly on the days respectively the s~me uverally become due. 2. To p+y all ~nd sinyulsr the qxes, assessmeMS, levies, lisbilities, obligatiau and encvmbr~nces of every nsture snd kind now on ss~d described Property, a that hereafter m+y be N++posed, suffered. Placed, levied, or suessed thereon, or that here+fter may be levied a sssessed upon this Mwty- ~ age, w the indebtedness secured hereby, exh +nd every, when due and payable, +ccordiny to Isw, befwe they become delinquent, snd befwe any interest ~ anaches o~ +ny Pena~?Y is i^cv~?ed% AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SAiISfIED AND DISCHARGEO OF RECOR~ AND THE ORIGIIVAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSE~ OR CERTIfIED) SHAII BE PIACED IN THE. MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the eveM ~hat any thereof is no~ ~ paid, sat'~fied snd dixharged sa:d AhORTGAGEE msy at any time pay the same w any p+rt the~eof without waiving w sffecting sny oplion, lien, equity ot ~ ~~qht under or by virtue of this mortgsge.and the full amovnt of each and evuy such paymeM shall be immediately due a~paenbl~f ,nd s~) besr interest ~rom the date thereof ~ntil p~id at rate oi nine per centum per snnum and together w~lh~su~h i be~~}r~ 9~' a;;Gl4 ~~~~~~t i U . . _ - - ~ ~ ~ ~ ~ ,u. ~ , • ~ - ~ _ ' ~ . r r ~ 'F'",~, ~ :s ~ ~ . ~ _ : wd : _r^ _