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Home My WebLink About1779 . • ~ .?t+ . ~ „ ~ . l ~ a.~ THIS INDENTURE. Mad~ ths 21St day cf March • _ N.D. 19~~.. batwea^ Herbert R. Myers and Bertha K. Mvers his r'fp o~ SL• Ll1C~@ ~p~~~y F~;~, h~r~inaft~r d~sig~~ed ~s ~M "MORTGAGOR;' a~d FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIQN OF fORT PtERCE, a corpaation or9an'aed ~~d ~xiitinp und~. iM kws oi tM UnHed St~~~s of Am~~iu ud havinp in princlpal pl~c~ of busir»ss h tM City of Fo+t PiKC~. St. luci~ Cou~ty. Flaids. Mrek~ah~r dssipnated u 1M "MORTOAGEE.•• VYHERFAS tM MORTGAGOR is jwtly iruJ~bt~d W tl+~ MORTGAGEE in the sum of ~ 2O ~ OOO • 00 9~ ~aW;~l m«+sy ot the Un~ted Stst~s ~dvsnced by tM MORiGAGEE unto the MORTGAGOft, as evidenced by a certain promiuwy oote of even date herewith, of whrch the followinp in „~,or ti~ • t~ a vw coPy, to-wir: ~ 10020725 s 2~,~~•~ MaYCh 21 ~9 74 : Fwt Pie~c~. Fiwida, Fa vih~e: recei~ed, I, we w either of us, promise to pay, without defalcation, to the ordar of FIRST FEDiRAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fat Pierce. Florida, Ihe sum of : 2O z~~ with ~nterest from date et ~he rate of s~96 per annum. ~n r^c^~hly install• ments ss follows: i 174. ~0 20th ~y of ~dy lq 7'a snd ~ like sum on the correspond~n~ dsy of each month therr after until the who!t be ~ully paid. Each installmtnt first shall be applied in paYment of the interest snd then on the unpsid bslance of the p~~~c~pa1 wm. If defsutt is made i~ 1hs payment of any imtallment wher+ due, and wch default continuef 30 days, ihen at the option of the holder, and without any other notics, all the remaining ~na~allmenri shall be due and payable at once. Privilegs is 9iven to prepay this note in whole w in part st sny t~me without penalty. Neithet fweixarance, nor icceptance by the holder thereof a(ter any default in ~ny paYments hereon, ihall be deemed extension. A late payment char9e of S 8' ~ added to each inataltment remaining unpaid 7 days after ib due date, and e like sum shall be added to each such in~tallment remaining uopaid 7 days sfter each succeeding psyment date. Esch m~ker, s~~ery and endwser hereof, jointly and severally, waives demand, preseroment protest and notice of {xotest fw rwnpayment, a~d further agrees To sny extension of time of payme~t, eithcr before or aiter maturity, without notice to any of us; and to pay all costs of collectio~, includ~ng a reasonable attarney's (ee in the event oF any defauit hereurwer, and hereby severally wsives all benefit of homestead and exemptio~ under the constitution and laws of each State of ths United States, ss agai~st this obligation or any extension w renew+l F+erecf• ~ Witness tM hand arv! seal of each party. J I % EAI~ e er . yer s ~A~~ ts~?~~ s/Beztha K. Myers ~q ~ $30.00 ~ State Revenve - Ec"`"P' <'""M~i'°" ~.i~i"d' ~ 20, 000. 00 NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of sa9d sum of S , ~nd the performance of ths coven~nts and sgreemersts he~einafter expreased, and fw divers good ~nd valusbte considerations, by these presents, does grant, barpsin, ull, remise, release, convey +nd co~firm unto the MORTGAGEE, its successas and auiyns, all that ccrtain bt, p'~ece or parcel of land, situate, tying, and being in 1he ~~nry ~ bt. Lueie u~d Stats of Plorida, deuribed as follows: Apartment V(101) dOtANNADBS OONDOMINIUM ~t9, according to the Declaration of Condominium recoYded in O.R, Book 223, page 864, Public Records St. Lucie County, Florida. TOGBTHBR WITH all appurtenances thereto, together aith an undivided interest in the coaaon eleaents and liaited conmon elements thereof, SUBJBC? T~O the ter~s, covenants, agreements, obligations and provisions of said Declaration of Condoniniua which Mortgagor in all things does covenant to Mortgagee ; faithfully to observe and perform, ' ~ ~ _ rn STAT E~~ F LO F? ! D A ~ P~rMVR t"'~ ~OCUMENTARY~°=::;;~STlaMP ~!ti>.I ~.P~'~~ dEPT. oF KEVENUf ~aENE~ ~[N~t~ ~s pF ~91~• - 1;~.~~ g ` ON~ R7~'~~ N - P B. _ r; l3 N - ~ ~ J ~ ~ ~ ~RSLWf~ ~ RO~ER ~ ~~S~tN'.~E C~.. ~ o= ~~,~Z` ~ C1RCU~T fA~Rt. S ~ together with sll and singular the tenements, f?ereditaments snd eppurtsnces thereu~fo belonging or in anywisa appertaininy fherefo. ~nd aU rents, iuua. proceeds and profib ucruing snd to atcrue from said prertSises, sll of wFiu~ are i~cluded in the above and fweyoirg desaiptan and habendum. TO HAVE AND O FiOID the above described and 9nnted premises uMO the said NWRTGAGEE, its wctesson aed +u~9^s forevK. Md th~ said MORTGA R fa t~elr hein, executon, admi~istrators and asi+g~n, hereby covensnri with tF?e ssid MORTGAGEE, i» svcussors and +ssi~f• that ~ey are lawfully uized of the ssid p?em~ses in iee s'unple: that the s+me +re free, clea~ ~nd d"uchsrged from all liens u~d Mcum- brantes in Isw a in equity. and that they w~~~ their ~~n w~~rant and defend the titk to tM sam~ to the s~ld MORTGAGEE, its s~ccesw~s and assigns, forever agairot the lawful clsims snd demands of all persons; PROVI~ED, AtWAYS tMt if the MORTGAGOR shall p~y uMO the MORTGAGEE the promissory note hereinbefwe described snd shall truly, pranptly and fully perfwm, dixharge, execute, complete, comply with and sbide by each and every the stipulstio~s, agreemenn, conditions and covenanb of s+id prorri~sswy note and of this Mortysge, then this Mo?igsge and the Estate hereby created shstl ceaae ~+d be nv~~ +nd void• IT IS UNDERSTOOD that the wad "Mwtgapw" whether in the s~ngular or plursl s~ywixre in this Mortyage, ihall be sirqvlsr if on~ only and a w ~ shall be plural jointly and ~eve~ally if more tMn o~e. ~nd thst the word "their" as used anywhere in this Nb?tyage sMll be taken to me+n "his:' •'hen•• or "its;' whererer the conte:t so implies w sdmits. Also, that wherever there is s ~eference in the coven~nn ~nd ~yraerne~n herein contsined to any of ~ fhe psrties hereto, tlx same shsll be constrved to mean as well s~ the heirs, kgal represent~tivcs, waesson sod auipns (either'volumsry by ~ct of the ~ parties a involuntary by ope~ata~ of the I~w) of the same and that the covenants herein cont+ined sh~ll bi~d +rd the benefib and ~dvantspes tnw~ ' to the respective hein, kg+l representatives, wccessors and ast~gns of the p+rties hereto. ~ ~ pnd uid Mort9sgors, fw themselves snd their heirs. Iegal rep?esentatives, successon and auyns, hereby joiMly and sevetally coven~nt snd aqree ~o and with the s+id MORTGAGEE, it~ successors and auigns: ~~1 1. To pay all and sin~vlsr the p?incipsl and imerest and the vario~s ~nd sundry sums of money payabk by virtue of said promissory note, and this i ' mort9age, each and every, promptly on tha dsys respectively the same severally become dve. A~ ~ 2. To p+y +II a~d singulai the taxes. +ssessmeMS.-levies, lisbilities, oblig+tions snd encumbr~nces of every nsture snd ki~d now on s+id desuibed • ~ Property, or that heresfter may be imposed, svffered, placed, levied, a aueued tF~ereon, or that hereafter may bt levied w asseased upon this Mort~- ~g age, or the indebtedneu secured hereby, each and every, when dve a~d psyabk, accudinp ro law, before they become delinquent, and before any interest attaches or any penaltY is 7ncwred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHALL BE PROMPTIY SATISf1E0 AN~ DISCHARGED OF RECORD AND 1HE ORIGINAI OffICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENOORSED OR GERTIf1E0) SNAII BE PLACEO IN THE HANDS O~ SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; snd in the event Ihat ~ny thereof is rwt paid, s~t"sfied and discharged sa:d MORTGAGEE may at sny time pay the ssme o~ anY Wrt thereof withovt waivirg w affecti~y amr option, lien, equity a ~~qht under a by virtue of this mortgaye and the full amount of each snd every such payment shall be immediately dve snd p+yabk snd shall bear interest ~.om the date Ihereof until paid at rate of nine per centum per annum ~nd togdher with such interest shsll be secured by the lien of th:s mor9ts9e. - c~~„' _ ~-,~,•,?R~.,~?~,,.~~`~,`'~ . i F„~~, sA~_,. ~ r~e~ `~'a"~,'~~~~` ~ , , 3 - - ~ . . . . . . ~ _ . x.