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Home My WebLink About0078 2 i 9~'79 ~ . THIS INDENTURE. Made ~hs 9th day of Apr i 1 A.D. 19J~-~ be~wec^ Rsanklin L. DsNSOn and Arabelle P. DaMSOn bis wife of $t• WCi@ Cpunfy Florida, herainafter des~gnated as the "MORTGAGOR;' and FIRST FEOERAI SAVtNGS AND IOAN ASSOCIATION Of FORT PIERCE. + mrpastion wpaoized ~nd ex~~t~ry under the lawi of tM United S~at~s of America and havinp its principal place of' busineu in ths City of Fwt Piace, St. l~rcie Counry. Florid+, hereinafter de~~g~ated +s tF» "MORTGAGEE." 29 600~~~ ood and lawful money of the Un~ted WHEREAS tM MORTGAGOR is jui~ly indebttd to ths MORTGAGEE in the sum of S s 9 States advanced by the MORTGAGCE umo the MORTGAGOR, as evidrnced by a certa;n promissory note of even date herewith, of which the followi~g in words and figurea is a true copy, ~o-wi~: ~10020775 t29.600.00 : foA Pie~cs, florid+, ~ri 1 9 19.~_ ; For value received, 1, we or eithH of us, promise to p+y, without defalcat~on, to tFx order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF # 29 600 00 S.~Sqo annum, ~n monthly instalb ? ~ORT PIERCE at Fo~t Pierce, fbrida, the sum of = ~ • w~~h interest from date st the rate of p~ : ~-~ents as follows: S 244 • ~he ?Otb d~y o{ .~tl1Y 19_~~ and a like sum on the correspond~~g day of each month there- i af rer until the whoie be fuily paid. ~ ; Each installment (irst shall be app~ied in payment of the i~t~rest and then on the unpaid balance of the p~inc~pal sum. If default is made in the : F~ayment of any installment when due, and such dei~ult continues 3U days, then at the option of the halde~, and without a~y other notice, all the remaining ~ ; ;nstaliment's shall be due and payable at once. Privilege is given to p~epay this note in whole or in part at any time wilhout penalty. Neither fwe arance, ' 12.2~ sha~l be nor acceptance by the holder thereof after a~y default in any payments hereon, shall be deemed extension. A late payment charge of S added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 daya after each succeeding payment date. , Each maker, surety and endorser hereof, joi~tly artd severally, wa~ves drmand, p~esentme~t protest and notice of protest for nonpayment, and further agrees to any ex~ension of fime of payment, either before a after maturity, without no?ice to any of us; and to pay atl cosb of collection, includ;ng s rea:onable attorney's fee in the evenf of any deiauit hereunder, and hereby ieve~ally waives all benefit of homestead and eaemption under the con~titution ;nd laws of each State of the Jnited States, as against this obligation w ~ny eatens~on or renewal hereof. Wi:neu the hand and seal of each party. S/ Franklin L. oawson (sEnq , ~ . s ~ , . ~ tsen~~ ~ S/ Arabelle P. Oawson . . . tsEau ; $44.40 ) State Revenue ' 29 b00 00 NOW, THEREFORE,. the MORTGAGOR {w the purpose of securing psyme~t of said sum of S ~ • and tF+e pe?formance of the covenants and sg~eements he~einafter exp~eued, and fw divers good and valuable consideratio~s, by these prese~ts, does grsnt, barga~n, se:l, remise, release, convey and confirm unto the MORTCaAGEE, its successo~s and asaigns, all that certain lot, piece or parcel of land, sitvate, lying, snd being in the Counry of $t . WCie a~d State of Florida, dewibed ~s followt: ~ 2he North 120 feet of Lot 1, less the West 100 feet, HILTN6R SUBDIVISION, as per plat thereof on file in Plat Book 9, page ' 40, of the public records of St. Lucie County, Florida, ' s , ! f x ~ S a ~ ~Lp'R1Cj~;_1 ;a, r -TA ~ ST~M~_~C~}: ~ ~ ~ ~ fN1ARY~' - d ~ ~;z °~---=~`-EVENU~ l NECft~':J - - ,z _i Inxis - - ~ o? ~ ~ 4 4 0 1 ouF a~ c.u~ss •c' ~R7At1GIBLE r~ . ~ ~ OPERtY, : ~ ~ - ~ aY~t t I'74 ~~J { ~ -.c - PURSl1ANT TO C1lAPTER 71-t34. I1CiS Of 19/1.~ -tn N = P.B. ~ = t3sr2 ROGER P011fiAS " p c~.Frac ciecu~r oouei, sr. ~uc;~E co.. Fu ~ ~ ; ~ . ~ ~ fegether with all and s7ngular the tenements, herEd~raments and appurtsnces thercunto belorx,}ing or i~ anyw~se ~PP~rt~~~~~9 t~reto, and all rents, iss~res, ~ prxeeds and profits acuuing and to accrue from said premixs, all of which are included in the above snd fwegoing descriptan and habendum. ~ TO HAVE AND TO HOID the above dewibed and granted premises unto the said MORTGACaEE, its s~?ccessws aod suigns foreva. And fh~ s+ MORTGAGOR for Fxirs, executors, sdministrarors and asigns, hcreby covenants with the tsid MORTGAGEE, its suttessws + astipru, 'r Lhg~_~- rhat - lawfully seized of the said premixs in fee simplr, that the same +re free, ckar and dixharged from all {ieris and encum- ~ thev are ~>i brances in law or in equity, and that thev w;11 and thelr heirs shall warrant snd defend the title ro the same to the isid MORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of atl penoes; PROVIDED, AIWAYS thst if fhe MORTGAGOR ahall pay unto the MORTGAGEE the promiuwy note hereinbefore desuibed and shail truly, promptly - and fully perform, discharge, execute, comptete, complY with and abide by each and every the stipulations, s9reemems, tonditions and covensnts of said ' prom7ssory rate and of this Mortgsge, then this Mortgage and the Estate hereby vested shall ce~ss and be null and void. IT IS UNDERSTOOD that the wwd "Mwtgagoi' whether in the singufar or plural anywhere in this Mwtgsge, thall be si~gular if one only +nd i shall be plural jointly and severally if mwe than one, and that the word "their" as used snywhere in ihis Mortgsge sha~l be taken to mea~ "hii;' "hert" _ or "iss;' wherever the context so implies w admits. Alw, that whereva there is a reference in the covensnts and apreements herein coMairxd to any of ` the pa?ties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successon and auigns (either volumsry by act of the ? parties or involuntary by operation of the law) of the same and that the covenants herein contsined shall bind ~nd the benefits and advantsgei inure _ ro the reipedive hei?s, legal representatives, iucceswn and ass~gns of tFx parties hereto. And said Mortgagws, for themulves and their heirs, legal representatives, successors and assigns, hereby jointly and severally cove~snt and agree ~o snd wifh the ssid MORTGAGEE, irs svccessors snd as~igns: ' 1. To pay all and •ingular the principal and interest and the various and sundry sums of money payable by virtue of ssid promissory note, ~nd this " mortgage, each snd every, promPtly o~ the days respectively the same severally become due. ' 2, Tp pay all and singutsr the taxes, asxssmenn, levies, liabilities, obligations and er?cumb~ances of every nsture snd kind now on tsid desuibed property, or that hereaftei may be imposed, suffered, p~atcd, levied, or +ssessed thereon, w that hereafter may be levied w assesud upon this Mut¢ age, a ths indebtedness secured hercby, each snd every, when due and paY+bte, xcording to law, before they become de~inquent, ~nd before any interest artaches ot any pen+lty is incurred; AND INSOFAR AS ANY THEREOF IS OF RE60RD THE SAME SHAII BE PROMPTLY SATISf1ED AND UISCHARGEO OF ~~r' RECORD AND TME ORIGINAL OFfIC1Al OOCUMENT (SUCH A5, FOR INSTAMCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOOR E CR CERTIFIED) SHAII BE PtACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tFx event that any thereof is ~ot paid, satsfied and dixharged sa:d MORTGAGEE msy at any time pay the same o~ any part thereof without waiving w affecting any option, lien, equity or •iQht under or by virtue of this mo~tgage and the full amount of each and every s~ch payment shall be immediately dve and payable and shall bear i~terest <<or» the date thereof umil paid at rate of nlne pe~ centum per anoum and together w~th such intere s U ~tred by the li' f th:s mor9tsye. 600 ~~~.V PAGE 1 ~ ~ . _ _ _ _ - - - , . . . _ . . ~ > - - • _ - - - _ _ - - .