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Home My WebLink About1111 ~ 2~9902 THIS INDENTURE, Mads ~t~_ llth day of Aaril A.D. 19~4.-. between RobeYt A. G bbons an Karen . or~s, s w f• _ of $t • L.uCie C~~~y florida, here~nafter dcsgna~ed ~s the "MORTGAGOR." and FIRST FEDERAI SAVINGS AND IOAN ~15SOCIATION Of FORT PIERCE, a to~pwatio~ o~yanized and existiny under t }Iav~s„of t~ U~j~e~, ~~~~~a of America and havin~ iri principsl ptac~ of y busineu in tFw City of Fwt Pitrce, St. lucie County, Flwida, hereinaf~sr desifl~W ~~tlw rd10R1Gji~EE: 19 f~~~ ~ and law(ul money of tir_ Uoited ~ WHEREAS the MORTGAGOR is ju~tly indebted to 1M MORTGAGEE in the sum of = . 9~ S~ates advanced by the MORTGAGEE unlo the MORTGAGOR, as evidenced by a certain promiuor~ oot~ ef even date he~ewnh, of wh:ch ~he ioll~winy in + wordi and figures ii a trw copy, to-wit: z 19 , 900. 00 N, 10020782 ~ v~..~.. ~o.~d,. Apr il 11 _19 ~4 For valve received, 1, we or eilhe~ of us, p~om~se fo pay, without defalcatEon, to the orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION Of ~ : FORT PIERCE a1 Fwt Pierce, Florida, Ihe sum of S 19 ~ 9~' ~ with interest from date at the rete of 8! 9OO pe* annum, in monthly inatall- „ ~~enrs as follows_ s 18O• 00 on 1he 20th d~y of ~y 19_74 and a like sum on the correspond~ng day of each month there- after until the whole be fully paid. Each installment fi~st shall be applied i~ paym~nf of the interest and the~ on the u~paid balance of the princ~pal sum. If default is made in 1he Fa~rment of any installmem when due, and such defaul~ continues 30 days, then at the opt~on of the.holde?, and w~thout any other notice, all the remain~ng i :~,srallments shall be due and payable at once. P~ivilege i~ given to prepay this note in whole or in p~rt st any time without penalty. Nefther forebearance, t nor acceptance by the hotder thereof after any default in any payments he~ton, shall be deemed e:tension. A late payment charge of s 9' ~ shall be = ~ddrd to each iostatlment remaining unpa~d 7 days aftr its due date, and a lii~e sum shall be added ta each such instatlment remeining unpa+d 7 days after _ ~ each wcceeding payment date. • Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esent~nent protest and ~otice of protest for n~payment, and further ag~ees fo any extension of time of paymenL either before o? after maturity, wirhout notice to any of us; and to pay all costs of cotlection, includ~ng a ~ reasonable attorney's fee in the event of any defauit hereunde~, and hereby severally waives alt benefit of homestead and exemption under the to~stitWion a:~d laws of each State oi the United States, as against this obligation w any extenaion or renewal hereof. Witness the hand and seat of each party. (SEAU s/Robert A. Gibbons ~ (SEAL) ' s asan R. Gibbons ~ ~29 • 85 t Stete Revenue , isc.,a~pf.wc~Ibd~.~.:~..~..rta 19 900 00 NOW, THEREFORE, the MORTGAGOR for the Qurpose of securing payment of said sum of S ~ ' +nd the performsnce of the covenants and agreements F?ereinafter expreued, and fo~ divers good and vatuable considerations, by these prosents, dxa grant, ba~flai~, sell, remise, re`:eau, convey and conf~rm unto the MORiGAGEE, its successors and assigns, aIl that certain 101, piece w parce~ of land, situate, lying, and bei~g in the County of $t • L'VCi@ a~d State of Flwida, dexribed ~s follows: Lot 2, Block D, PONCB DS L~N PARK +~2, according to the plat theYe~f o~ file s in Plat Book 11 at Page 23, Public Records of St. I.ucie County, Flozida, ~ . i ~ i ! t ~ ; ~;pAl ~ ° STAT~ R F,.~ S~ MQ jr;x 1 c ~c~~~~. Y D V M_ E T A ~ s!` ~ ~ o r N ~;.y':~' Q ~ { 911• ~y c? ~ ~ vF REYENUt ~ p ~ q \6~-~'Q~~`S 0~ ~ ~r N - p& ~ y ~ ~ ~Kti~~7~~~~i~ ~ ~~~G ~ ~ R+ ~ 111rz ~}`1~ .cS C~Z~E~ Qp~s~'~~,~~- ~:?j'" ~ ° e~RSUpN ~t ~p~R~ z ~ c~~ ~ G ~ ~ ` ~ ~ogether with all snd singulsr the tenements, hereditaments and appurtsnces thereuMO belonging a i~ anywise appertsining thereto, and al) rent:, iuues, preceeds and profib acuuing and to acuue from said premises; all of which ere included in the above and foregang desuiption snd habendum. ~ ~ TO HAVE ANp TO~p LD the sbove desuibed snd granted premises unto the said MORTGAGEE, its successors +nd saign~ fwever. And ihe said Lheir - Fxirs, executors, admi~istrators and assigns, hereby covenann with the said MORTGAGEE, its wccesso?s and assigro, N ORTGA R for ;3 fhat -~ey a e-~awfully xized of the said premises in fee simple; that the same are free, dear and discharged from atl liens and encum- - brances in law w i n e q u i t y, a n d t h a t t~ey will and the ir heirs shall wsrrant and defend tfie titk to the ume to the ssid - MORTGAGEE, its successors and auigns, forever against the lawful c~sims and demar.ds of ~II persons; ; - PROVIDED, AlWAYS that if the MORTGAGOR si~all pay unto the MORTGAGEE the promissory note hereinbefote described snd shafl truly, promptly ; - and fully pe?form, dixharge, execute, complete, comply with and abide by each and every tiro itipulations, ayreemenb, conditions and covenanb of s+id ~ promissory note and of this Mwtgage, then this Mdltgage and the Estate hereby created ~hall cease and be null and wid. z - IT IS UNDERSTOOD that the word "1Nortgagor" whether in the s~ngular or plural anywi+ere in this Mortgsge, shsll be singular if or~e only •nd :hall be plural jointly snd severs{ly if more than one, and that the wwd "their" as used snywhere in this Mutgage ihall be tsken to mean "his; •••hen - or "its;' wherever the context so implies w admits. Also, that wherever there is a reference in the covenants and agreemtnb herein contained to sny of " fhe parties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successon snd ~ssigru (either voluntary by sct of the partics w i~voluntary by operatio~ of the law) of the same and that the covenants herein contained shsll bind and the benefin and advantayes inure ~o the respective heirs, legal repreuntatives, successors and ssrgns of the parties hereto. And said Mortgs9ors, for themselves and their heirs, legal representatives, successors and usigns, hereby jointly and sevcr~lly covenaM and agree " ro and with the iaid MORTGAGEE, its successors and assig~s: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly o~ the days respect~vely the same severally become due. 2. To p~y +tl +nd singular the taxes, assessments, levies, liabilitie~, obligations a~d encumbrances of every n~ture and kind now on ~aid dewibed - properiy, or thst here+fter may be imposed, suffered, placed, levied, or assessed thereon, or tMt hereafter may be levied a~ssessed upon this JNort¢ '`(rr age, w the indebtedneu secured hereby, each and every, when due and payable, accordinp to law, before they become delinquem, snd befwe any inter~st = a~~aches or any penalty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SA115FIE0 AND DISCHARGED OF RECORD AND THE ORiGINAI OfFICIAI DOCUMENT (SUCH AS, fOR INSTANCf, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; a~d in the evenl that any thereof is not - oaid, sat'sfied and dixhsrged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting sny optiw+, lien, equity or = •~qht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and psyable and shall besr interest i*'~ ~.om the date lhereof umi! pa~d at .ate of n~ne pe~ ce~tum per annvm ~d ~+~th svch~~e~t shall be ucured by ~he lien of th:s maytaye. $001(~U T'1f t lU