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Home My WebLink About0616 ~ f• t ~1 Y~ • IV ~ ~7~7I~r~ THIS INOENTURE, Mad~ ~hs 12~h day of ~r il A.D. 19 7` be~wee~ ; ~ Robert L. Saith and Matilda P. 9~ith his wife p{ $t • 1.uCi~ Cpunfy Florid~, F~e~einafler desig~lb the ^M8f{f~ORj'%' and FIRST FEDERAL SAVINGS AND IOAPi ASSOCIATION OF PORT PIERCE, • corpwation orpanizad ~nd exi~tiny u~ tM laws of 1M U~it~d Stat„ of America ~nd Mvinp iri principal pl~ce of bvu~sss i~ tM Ciy of Fort Pi~ru, St. lucie CounJy. flprid+, hereuuittr d~sipnat~d as tF» "MOR1Gq~EE " WHEREAS 1M MORTGAGOR is jvitly ind~bted ro th~ MORTGAGEE in tM svm of = 26l~~~~ yood and lawful rnansy of th~ U~~ted States advanced by th~ MORTGAGEE unto the MORTGAGOR, as evid~nced by a cenau? promiaory qoN of even dats herewith, of wh~ch the fofluwirp in = 2~s'+~gu e~ is a t~w copy. to-w~t: ~ 10020791 fort Pierc~, flo?id~. APYil 1Z 19 for valve received, 1, we or ei~her of us, p~omiae to pay, without defalcation, ro the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ; FORT PIERCE at Fwf Pierce, Ftorids, the sum of S 26' ~ wiih interest from date at the rate of 8~ 7-~e per ~nnum, in monthly install- ments as fo!lows: i 214 •~Q o~ ths ZOth d+Y uf `1~ Y 19 74 and s like sum on the cwrespond~ng day of each month therr aftcr vntil the whole be fully paid. ti Each installme~t first shall be applied in payment of Ihe i~terest and then on the unpaid balance of the p?incipal sum. If de(ault is made in the payment of any installment when dus, and such default continves 30 days, then af the option of the hotder, and wi~houl anY other rw~ke, all the remaining installmentt ~hall be due and payable at once. Privilege is given to prepay this note in whole w i~ parl N sny time wi~hovt penalty. Neithe? forebearance, ~or acceptarxe by the hotdc? thereof afte~ any default in any payments hereon, shall be deemed extension. A late payment charge of iss~a.l-Y, sh+~~ 1~e added to each inslallment remaining unpaid 7 days after it: due dste, snd s like sum shatl be added to each such installment remaining unpaid 7 days after eath sutteeding paYrt+ent date. . Each maker, surey and endaser ixreof, joinNy snd sevcrally, waives demand, p~esentment protest and natice of protest fw nonpaYwxnt, snd further sgrees to any extension of t~me of payment, e~ther before w after mat~rity, without notice to any of us; and to pay all costs ot collection, includirg s reasonable attorney's fee in the event of any defau~t hereunde~, and hereby severally waives all benefit of homestead a~d exemplion under the tonstitution snd laws of each State of the United States, as against this obtigation or any extcnsion w renewsl hereof. Witness the hand and ual of exh party. (SEAU . s/Robert L. S~ith (SEAu cs~Au $39.00 s/Matilda P. S~ith t~ ~ _ ~ s~ate aeve~ue (kwwp~ ean~elkd~ow aipi~wl~ no~e~ , NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of S 26 .~0 ,+nd the performarxe of ths covenants and apreement~ hereinafter expressed, snd fw divers good and vsluable consider~tio~s, by ft~es~ pnsents, does 9rant, bs~g+in, sell, rem~se, release, convey and confirm unto fhe MORTGAGEE, its iucceuors .nd auigns, all that urtain lot, pieca w partel of Isnd, situate, lyir?p, and beirg in fhe Co~nty of SL. Lueie snd State of F{orida, desuibed ss follows: Lot 19, Block 30, LAKBWOOD PARK UNIT 4, according to the plat thereof on file in Plat Book 11, Page 2, Public Records ot St. Lucie County, Florida, ~~'~n• ST TE ~F FLDRiDA ~ ~e~~~~~~ Q ~ cZ M DOCUMENTARY~~`-~,_~STAMP TAX ~ . ~p. c-' ~ OEPT.OF REYEt~Uf ~ ! ~ ' `~~pNG;~~_~~ `~QQ~ N ~ - AYR I6'N y~gK-: 3 9, 0 0 ~ c~~'G~,~st~ ~°`s~. P.B. - =~~iei ~ ' ~py ~p 0 ~ . ~ together with •11 snd singular the tenemeMS, hereditamenri and appurtsnces thereunto be~onging ot in anywise spPe?t+7ni^9 thereto• and all reMS, iuues, proceeds snd profits scvuirg snd to xvue from ssid premises, all of which ue irxluded in the above and fore9oi~p desviption and habcndum. TO HAVE AND TO HOID the sbove desuibed u+d 9ranted premises unto the said MORTGAGEE, its successots +nd +ss~pns forever. Md tht wid their MORTGA g for heirs, executors, administrators and asaigns, hereby covenanb with the s+id MORTGAGEE, iri s~ccesswa +nd ~ssipm. t~t -~hey aZe Iawfully seized of the said premises in fee simple; that the same are free, ckar ~nd disci?arged from all 1'~ens ~nd encum- brsnces in law or in equity, snd th~t they W;i~ s~ their heirs }MII w~rrant and defend tF~e title ro the sam~ to the said MORT6AGEE, its s~ccessors a~d auigro, forever sgainst the Iawfvl claims and demands of sll p~rsau; PROVIDEO, Al'dVAYS th~t if the MORTGACaOR shall pay unto the MORTGAGEE the promiisory note hereinbefue dewibed snd shall truly, promptly and fully perfwm, dixlarge, execute, camptete, comp~y with and abide by each ~nd every the stipulations, apreer+?~nri, conditions a~d covenants of faid promissory note ara! of this Nbrtgage, then this Mwtgage snd the Eslatr hereby ueated sMll cease and be null ~nd void- IT IS UNDER5T00~ thst the word "Mortgsgor" whether in the singular or plural a~ywhere in this Mortgage, sMll be singulu if one only and sh~ll be plurai jointly ~nd severally if more thsn one, and that the word "their" ss used a~ywhere in tha Mort9sge aMll be taken to mean "hii;' "hers;' w"its;' wherever the context ~o implies a admits. Also, thst wherever there is s refarence in the coven+nts and agreemenq herein contained to any of ~ the partia hereto, the ssme shall be construed to mea~ aa well as tFx heirs, leyal rtprescnfatives, succeuws and assigns (eitFur voluntary by ad of tFx~O parties or involuntary by operation of the law) of the ssme s~d that the covens~ts herein contained shsll bind ar.d th~ benefiri a~d sdvsntages irwrep~~ i to the respective heirs, leg~l represematives, successon and su'gns of ths parties hereto. : ; And s~id AAwtgsgors, for themselves and their hein, legal represe~tatives, svccesso~s +nd +ssiyns. hereby jointly and ieverally covenant and ayree ~ ~ to and with the said MORTGAGfE, i!s successors end auigns: i 1. To pay all and sirgvlar the printipal and insere~t and the various snd iundry swns of mo~ey paYabl~ by virtue of said promiuory note, and this ~ ~ mongsge, esch and every, promptly on the days respedively the same severelly become due. ~ ~ 2. To pay •II a~d sin~ul~r the tsxes, sisessments, levies, lisbitities. obligstions and encumbrances of every nswn and kind now on ssid descr~ed ~ property, w that here~fter m+y be imposed, wffered, pl~ted, levied, or sssessed thereon, ot thaf hertafter may be kvied w ass~ssed trpa+ this Mo?~y- R aye, or tM i~debtedness iecured Fxreby, esch and every, wF~en due and payable, sccwding to law, before tFiey becane delioquent, and befae any interest attachei or +~y pen+~tY ~s incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI BE PROMPTIY SATISfIEO AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOtUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATiSFACTION PAPER OFFtCIAIIY ENDORSED ~..i• ~ OR CERTIFIED) SHAII BE PlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTfR PAYMENT; artd in the event that ~ny thereof it not ~ ~ paid, saYsfied and diuharged sa;d MORTGAGEE may at any time pay the sart+e w sny part thereof without waiviny or aifectirg ~ny option, lien, equity a ~ .iqht vnder or by virtue of this mort9age and the fvll amount of each and every such psyment shall be immedi~tely dve and payable and sha~l bear interest ~rom the date thereof umil paid at rate of nine per cenfum per annum snd together w~th such interest ~hall be secu~ed by the lien of th:s morgtsye. f:' _ ~ _ - _ ~t- - _ - -~.%r~". i ..u_ ~ _ _ ~ , _ . . v '-r _ _..e 'iti~