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Home My WebLink About1553 ' /v / V1iv THIS INDENTURE. Mad~ tM__ 28th day of ~=Ch A.D. )9 74 between Betty R. Caapbell ioinec~ by her husband. Corv L. Cannbell. Jr" of St . ~.1tC~@ , Counly flwida, hereina(ta deig~ated as the "MORTGAGOR," ~nd FIRST fEOERAI SAVINGi AND IOAN ~ ASSOCIATION Of FORi pIERCE. ~ corpaation ayani:ed ~nd existiny under Ihe laws of tM Un~ted Statas of Americ~ a~d havlr+p iri principal ptace of busineu in tiw City of Fwt Piace, St. lucie County, fluid~, hereinaher deilgnated ss th~ "MORiGAGEE:' ~ WHEREAS th~ MORTGAGOR is jwtly indebt~d to tha MORTGAGEE in the sum of 5~3~' ~ . 9~d and lawful money of Ilro Un~ted Siates advanced by tM MORTGAGEE unto ths MORTGAGOR, ai evidenced by a cerlai~ p~omissory ~ote of even date herew~th, of which ~he toflowin~ in words and tigures u a trw copy, ww{r: ~ 10020750 =7,300.00 ~ Fo.~ P~e«.. Fi«~d+. March 28 19 7d Fw vatve received. we or either of us, p~onuse to p+y, without defalcat~on, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, florida, the sum oi ~ 7+ 3~ • w;th interost from date at the rate of 8• 9% per annum, in monthly install• ~nems as follows: i88.~0 ~ ~~e Z~b day of ~y 19 7~ and a like sum on the correspond~ng dsy of each month there- after until the whole be fully paid. Each instaliment first shall be applied in payment of the inte.est and then on the unpaid balance of the principal sum. If deiault is made in the Fayment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remsining ~n:rallments shall be due and payable at axe. Privilege is g~ven to p~epay this note in whole or in pa~t at sny time without penalty. Neither forebearance, no~ acceptance by the holda ~hereof after any default ie any paymenti hereon, shall be deemed extension. A late payment cl.arge of S~ s6a11 be added to each installment remaining unpaid 7 days ~fter its due da~e, snd a like sum ahall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and e~dorser hereof, jointly and severally, wa~ves demand, presentmeRt protest and notice of protest fw rwr+payment, and funF+er agrees to sny extensan of time of payment, either beFo~e or after maturity, without notice to any of us; a~d to pay all costs of collectian, indud~ng a reasonable attorncy's fee in the event of any default hereunder, snd hereby severally waives all benefit of homestead snd exemption under the constilution and laws of each State of the United States, as against this obligation w any eztension w re~ewal hereof. Witness the hand and seal of each party. 5/ BtttY C. C~mnhc+lj ~qU ~s~?u 5/ Cory L Camobell, Jr. ~nu cs~a.) ~ $10.95 ) State Revenue ESea+~s~~~ge+wtie+~ NOW, THEREFORE, the MORTGAGOR fa the purpox of securing payment of said swn of S 7~ 3~ a~d the Perfom+ance of ths covensnts and agreements hereinafter expreued, and for divers good and valuable cauiderationa, by thess presents, does grant, bargain, se~l, rem~se, re~ease, convey and confirm unto iha MORiGAGEE, its successor• and auigns, all that certain lot, picce or parcel of land, aituate, lying, and being in 1he County of St WC1@ , and State of Fbrida, dewibed as followa: ~ ~ Beginning at the point of intersection of the West line of the East ~ of the SWg of the NE~ of Section 22, Township 36 South, Range 40 Fast, with the easterly right of way line of the former State Road No. 4, as ; conveyed to the State of Rlorida by deed recorded in Deed Book 72, page 34; ~ thence run East a distance of 500 feet; thence run South 300 feet; thence run West to the said right of May line; thence run NorthM?esterly along said zight of way line to the point of beginning, LESS AND EXCEPT a strip of land 45 feet in width aczoss thQ westerly side of the above parcel of land, Nhich has been taken for additional zight of way for State Road No. 5,? - i ~ . ~ ~ STATE F~~ R! tJ ~ ~ ~ c~~ Q4CiJMEN?ARY~-:-~~ 5?I~MP fi~ ~ R ~ °cZ ~ UEP7. Uf kEVE01UE - ' ~ IN Pi?YMt7~IT Gf T~X6'g z~ ~ [[[`'''~`~j.~ i DJ~ ON CIA:~.S'C It;?;Ir;G16LE FERSONlIL Ft~PfR1Y~ $ `m N - P.B. H~'I~T~~~~~ 1 0. 9 5~ ~~l'%Jki in L':~l'L' %i-:~. /~.~T$ ~ 1~7~ ~ =~i~02 - • r'~tit:. ~.~7q,~,S 6 CIFRK ('!r~~:? COll: ; ST. LUCIE CO., i71L ~ eogethe? with sfl and singular the tenements, hereditaments and appurtsnces thereurtto belonging or in s~ywise +PPa?tai~i^9 tF~erero, and ell reMS, issues. prp~~~ a~d profits acuuing and to accrue from said premises, all of which are inclvded in the above snd foregang descr7ption and habendum. TO HAVE AND TO HOLD the sbove deurlbed and granted premises unto fhe said MORTGAGEE, its s~ccessors and suigns fwever. And tM s+id ~ h50RTGAGOR for th~-- h~~rs, executors, administrotors and ass'gns, Fxreby covenants witb the said MORTGAGEE, iri successors +~d +ssiyro• rhat ~k aze - lawfully xized of the said premises in fee simplr, that the ~me are free, ctesr and ~schsrged from all liciu ~nd entum- brances in Isw w in equity, and that t~y will and their heirs shall warrant and defend 1he title to the same to the ssid ~ MORTGAGEE, its successors snd auigns, fwever against the lawfui claims and demands of all persaa; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note heteinbefwe deWibed and shsll ttuly, promptly and fully perfwm, d~s4harge, execute, comptete, comply with and ab~de by esch and every the stipulations, agrcemenn, conditian +nd covenanb of uid ~ prom~ssory note and of this Mwtgsge, then thGs Mortgage a~d the Esrate hereby veated shall cease and be null and void• IT IS UNDERSTOOD that the word "Mwtgagw" whethcr in the sirgular or plural anywhcre en this Mortg+ge, shal) be singulu if one only and ~ shall be plural jointfy snd severalty if more than one, snd that the word "their" as used anywhere i~ this Mortgsge shsll be taken to mean "his; "'hers;' £ ~ or "its;' whereve~ the context w implid or admits. Alao, that wherever there is a reference in the coven~nts +nd agreements herein contained to any of the parties hereto, the same shall be cwulr~ed fo mean as well ~s the hein, kgal represenfatives, succeuws and ~stigm (eitFxr voluntary by ~N of the ~ ~ parties or involuntsry by ope?+tion of the bw) of the same and that the covcnsnts herein contained thall bind ~nd the benefits and adv+ntages inure ~~,y ~ ro the respective heirs, kgal ~epresematives, wccessors and au~gns of the parties hereto. ~p And said Mortgsgors, for themxlva and their hein, legsl representatives, successon and assigns, F~ereby jointly and tever+lly covensnt snd syree ro and with the said MORTGAGEE, its successors and auigns: ~ 1. To psy all and singulu the printipsl and interest and the variovs and sundry sums of money payable by virtue of ssid promissory note, and this mortgage, each ~nd every, promPtly on the days respectively the same severslly become due. ~ 2. To pay all snd singula~ the taxes, ss~essments, levies, (isbilities, obligations a~d enc~mbr+nces of every nature and kind now on said dewibed ~ ~ property, a that Ixreafter may be impoted, suffered, plsted, levied, w asscssed thereon. or tMt hereafter msy be levisd w a~seued upon this Morf¢ ~ age, or tF~e indebted~ess secured hereby, esch snd every, when due snd paYable, according to Isw, before they become de~inqueM. +nd befw~ ~ny interest a~raches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL BE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTiON PAPER OfFICIAIIY EN~ORSED OR CERTIFIED) SHALL BE PIACED IN iHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that sny thereof is not paid, saYSfied and dixharged sa'd MORTGAGEE may at any time pay the same w any part thereof without waiving or sffeding any optio~, lien, eq~ify p •~aht under or by virtue of this mortgage a~d the fuli amovnt of each snd every svch payment shsll be immediately due a~d payable and shall be~r interest ~.om the date thereof until paid at rate of n;ne per centum per annum a~d together with such interesl shsll be secured by the lien of th:s morytaye. - - ~~.a .~'"r ~,~~:;,=s ~ - . =•f~-~-,~.,,~ - - - - ~ y~ - +=~Y'.'~c', q -",.{A_ ='S . .a r~... . <'~S`~ e..., _ _