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Home My WebLink About1379 2t5~0`75 , . , ~ fF113 iNOENTURE. Made the 9th day of April A.D. 19_24. between A~ S RiITI IIFRC 7N(' f~ R1nrtAu ~`nr=i±t~~,;~+n . $t • L~ 1@ Counry Florida, hereinaftm desgnated •s tbe "MORTGAGOR:' snd FIRST FEOERAI SAVINGS AND IOAN } , of ASSOCIATION OF FORT PIERCE, a cwporaNon wp+n~zcd and ex~it~r~y under ths laws of tM Un~~ed Sta~~i of America and having in pri~xipaf place of busineu in ths City of fwt Pi~rce, St. lude County, Florids, hereinaiter designated e~ fhe "MORTGAGEE:' ; WHEREAS tM MORTGAGOR is juitly ir~debttd to the MORTGAGEE in the sum of Z.~_`l~ , good and lawful money oi ~he Urr;ted t States +dvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even data herewi?h, of wh~ch the followi~g in ~ words arx~ figures is a frus copY. to-wif: ~1~20778 + . ~ { a~ri1 9 iv7~_ ' Fwt Pierce, flwida, ~ For value rcceived, 1, we or either of us, promise to pay, withouf defalcation, to the order of FIRST FEDERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE et fort Pie?ce, Flwida, the sum of S-~i 1~ ~ with interest from date at the rete of ~36 per annum, in monthly install- ments as fol!ows: S 190•~ ~thday of `~uly . 19-74 and a like s~m o~ the correspond~ng day of each month there- after until the whole be fully paid. Each ins~allment first shall be appl~ed in psyment of the interest and then on the unpaid bal+nte of the prinupal sum. It delault is made in the paymeM of any installment when due, and such default contir.ves 30 days, then at the option of the holder, and without any other not~ce, all the remain~n9 ina~allments shall be due and payable at once_ Privilege is given to prepay this note in whole or in parl at any time without penalty. Neither iwebearance, rwr acceptance by the holder thereof afrer any default in any payments hereon, shall be deemed extcnsion. A late payment charge of S 9•~ s~+~~ ~ added io eech insta~lmani rzmainiru~ unpaid 7 days aftet ib due date, snd a like sum shall be added to each such installment remaining unpaid 7 day~ after each succeeding paYment date. - Each maker, aurety and endorser hereof, jointly and severally, waives demand, p?esentment protest and notice of protest fw nonpayment, and further agrees fo any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all tosts of collection, including a reasonable attorney"s fee in the event of any default hereunder, and hereby severally waives all benefit of homealead and exernptio~ under the conslitution arxl lawi of each State of ~he United States, as against this obli~ation a any extension w reneAw:LFxs. BUILDERS, Il~. Witness the hand and seal of each party. B Y : cs~nu g/ e . gnore, resi en ~~A~~ Corporate seal aff ixed tsEnu : (s~?q r 34 6s ) 5rate Reve~us ATTEST: S/ David J. Parrello, Treasurer t ~ NOW, THEREfORE, the MORTGAGOR for the purpose of securirg payment of said sum of S 23 , 1~~ . , and the pe?formance of tF~s covenants and agreements he+einafter expressed, and for dive~s 9ood and valuabte con~iderations, by thex presents, does grant, bar9sin, sell, remise, release, convey and confirm unto the MORTGAGEE, its suLcessors and au~g~s, all that certain lot, p'iece or p+rcel of land, situate, lying, and being in fhe ~ Sa _ y~,y~iQ and State of fbrida, deacribed ~s followt: Lot lg, Block 381, PORT ST. Lt~IE, Section 6, as per plat thereof on file in Plat Book 12, Pages 36 A thru D, of the Public Records of St. Lucie County, Florida, ( ~ ES E~~ ~.ct~t d ~~~y' ~ FLORID~~ ~ ~`~,Q~~ .:a~e~°;, STATE ~F y, r~ ~ 1y ~ ~:Z DOCUMENIARY,~°':; STAM_P Tl.X ~ ~G\e`~, A~J~S E~. J c-~ `J i)EPi_OF ltEVENUc > f~ M~ N~p ~C G ''r ~ ~ t' ~ ~ L ~ ~ ~~\`~r C_ .CS _ ~pt~G QQ~S` ' `~C.~`' ~w C - ~ wl'{; ~ y~7~ • ~j~.,~- wMW ~`m P6- ^ 'k'-~ i ~O N_~ l0 t~'~~t. = t ~ ~e~ ~ ~t o c`~ ' c~' together with all and singular the tenements, hereditaments and appurtances thereunto belonginp or in anywise sppertaining 1F?ereto, snd all rent~, iuue~, proceeds and profits accruing and to accrue fro+n ssid premises, all of which are included in the above and foregoi^9 dexriP?w^ a^d habe^dum. TO HAVE AND TO HOID the above dew~bed and g~anted premises unto the ssid MORTGAGEE, its ~uccessors and esi~gns forever. And ths s~id MORTGAGOR fw lt~ hei?s, executort, administrotors and sssgns, hereby covensnts with ihe s+~d MORTGAGEE, iri auccesson ~nd +u~y~• that - lt _15 lawfully seized of the said prcm~ses in fee simple: that the same are free, clear and discharged from all liens and encum- brances in law o~ in equity, and that it will and ~ t S hei~s shall warrant and defend the title to the same to th.e said MORTGAGEE, its successors and assigns, fwever a9ainst the lawful claims and demands of al) persons; PROVIDED, AIWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the promiiwry note hereinbefore described ~nd ths~~ t?~~Y• P~o'^Pt~Y and fully perform, d~xharge, ezecute, compkte, comply with and abide by each and every the stipulatio~a, +greements, conditions and covenants of said promissory rate and of this Mortgage, then 'this Mortgage and the Estate hereby created shall uase and be ~ull and void. IT t5 UNDERSTOOD that the wwd "Mortgagw' whether in the singular or plural anywhere in this Mortgsge, shall be singulsr if one only and shall be ptural jointly and severslly if more than one, and that the wwd "thei~" as uied anywhere in this Mwtgspe shall be tsken to mesn "his," "hen;' o0 w"its;' wherever the context w impliei w sdmits. Alw, that wherever there is a referente in the covenann and sgreements herein contsined to any of ~~p the parties hereto, the same shall be construed to mean ~s well as the heirs, legal represenhtives, iuccessas snd suigru (eitF~er voluntary by sct of tF~e ~ parties or involuntary by operation of the law) of the same and that 1he covenants Fxrein contained sh~ll bind and the benefiri and advantages inure to the respective heirs, legsl representatives, successors and su'gns of the p+rties hereto. ~ And said Nbrtgsgors, fw themselves and their heirs, legal representatives, succeuors and ~uigns, hereby jointly and severally covenant snd +gree to~aod with the said NIORiGAGEE, its successors and assigns: y~ 1. To p+y •nd singufar tix principal and interest and the variovs and sundry sums of money payable by virtue of said promistory note, and this ~ mortysge, esch and every, promp~~y on the days rospect~vely the same uverally become d~e. 2. To psy al) and singulsr the tsxes, assessmenn, levics, liabilities, oblgations a~d e?xumbrances of every nsture ~nd kir+d now on taid dewibed property, or that hereafter may be impoud, suffered, placed, levied, or suessed thereon, w thst hereefter msy be lev ~~n'ssessed fupons~hisinMort~ sye, or tM indebtedneu secured hereby. tKF1 ind lvNy, when dve snd payable, accwding to law, txfore they become deli Y attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCNARGED OF ~ RECORO AND THE ORIGINAL OFFICIAI DOCUMENT 15UCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AliY ENDORSED OR CERTIFIED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof witFwut waiving w affeding any opYan, lien, equity w •iqht under-or by virtue of this mortgaqe ar.d the full amount of each and ever~ such psyment shall be immediate~y due and payable and shsll bear interest jrom the dafe thereo( until paid at rate of n~ne pe? centum per annum and together w~th such interest shall be secured by the lien of th:s morst+ye. ~~J ^=Fi-: . . . - _ - - _ ~ ~ . ~