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Home My WebLink About1571 . ' t? ~ ~bQ~,~ 7 THIS INDENIURE. Made the-l8th _ day of ApYil A.D. 1974_--, be~+veen Willian Kerves and Doris Keraes, his Mife of SL . C16 ~~~~y Florida, hrreinaf~er deignated as the "MORTGAGOR:' and flRST FEOE~Ai SAVINGS AND lOA!V ; ASSOCIATION OF iORT PIERCE, ~ corporation organi:ed and exiiting under Ihe laws o( ths United Statas of Arna~c• and havinfl iri principal place of b~~ineis in ths City of Fo~t P~erce, St, lucia Coun~y, Flaida, hereinaiter drs~gna~ed as the "MORiGAGEE_' WHEREAS the MORTGAGOR it justly indebted to 1M MORTGAGEE in the sum of = 11 •~s~0 good and lawiul mo~ey of the Un~ted States adranced by the MOR(GAGEE unto the MORTGAGOR, as evid~:nted by a certain pwmissory note of even date herev~ :h, of whkh the following in S ordi and figures ~i a u~e copr. to-w~t: i!~ `C , ~a 10020811 11 ~ 0~ Fort Piercs, Flwida, AP= i 1 18 ~ ~q 74 Fo? vatue received, 1, we or either of us, prom~se to pay, without defalcaiion, to ?he order of FIRST FEDERAL 8V ~;5 AND LOAN ASSOCIATION Of fORT PIERCE at Fort Pierce, florida, ihe sum of S__ 11~~~•~~ - W;~h inte~es~ from date at the rate of _--~o per annum, in monthly ~nstall- ~,~ems as follows: S 91•~~ o~ the20th day of ~y ~9 74- and a like sum on the correspond~ng day of each month thero- atter until the whole be fully pa~d. Each installment iirst shall be applied in payment of th@ interest and then on the unpaid balance of the prinupal sum. ~f default is made in 1he F.ayment of any installment when due, and such defauh continves 30 days, the~ at the option of the hofder, and without any othe? notite, all the rema:ning ~~~srailments sfialt be due a~id payable at once. Privilege is g~ven to prepay ihis note in whole or in part at any time without penalty. Ne~ther forebearance, nor acceptance by the holder thereof after any default in any paymenfs herron, shall be deemed eatension. A late payment charge of S_4. 55 shall be added to each installment remaining unpa~d 7 daya after its due date, and a I~ke sum shall be added to each auch ins~altment remaining unpaid 7 days sfter each succeeding payment date. EacF~ maker, surety and endorser hereof, jointly and seve~ally, walves demand, p~esentment protest and notice of protest fot nonpayment, and furthet agrees to any extension of time of payment, either be(ore or after matur~ty, without not~ce to any of us; and to pay atl costs of collection, including a r~~asonable atrorney's fee in the event of any defau~t hereunder, and hereby severally waives all beneiit of homestead and exemption under the constitution ~nd laws of each State of the United States, as againat this obtigation or any extension w renewal hereof. Witnes: the ha~d and aeal of each party. (SEAI} s William fGermes (SEAI) (SEAI) S ~10I 1 S I0e S (SEAl1 ~16. SO 1 State Revenue NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 11 and the pcrfwmance of the covenants and a9rceme~ta here~na(ter exp~essed, and fw divers good and valuable considerations, by these presents, dces grant, barga~~, sell, remise, re!eax, convey and co~fi~m unto the MORTGAGEE, its tuccessors a~d aasigns, all that cectain lot, piece w partel of land, situate, lying, and be:ng in the County of $t .~1Cie and State of Florids, de~uibed as follows: Lot l, Block 3~ PIt~fECREST ESTATES UNIT ONE, as per plat theYeof on file in Plat Book 5, page 15 of the public records of St. Lucie County, Flozida k E ~ i 4 - f 5 _ ~ ~ ~ ~Rjr~~~, _ ~ a~ G 7F F SZ l~M C- o R1 P.' ".1Et~i Of ?AXES TA Y~~~i 1 ~ u 0 C11PJ1EN~A~ ` [ {~~NLD S-C, IN7ANGIBLE ?E~~~v:.:.l PftOPfRI'1, oz c-- pFP1_GF kE\ENU~ ;~-b~•bL'~ 1 6'~ ~7 O ~ BUE•ON CU?SS ~ ~1S OF 19/1. -t ~€~`''t ~ T TO CHAPiER 71-134. c(/ f`' ~ 00, ~ ` .r+ _ arxta'~a~~:~,~=• ` PURSU~ R ppITMS ~ / ~ zr ~ ' E - PB.+ ' IRd1 RT Si. Ll1C1E ~ i ic~2 _ CIERK ~ 11 OOU . ~ ~ o ~ ' -S~ - ~ ~ toqether with all and singular the tenements, hereditaments and appurtances thereunto belongirg w in anywise appe?taining thereto, and sIl rents, issves, ~ proceeds and profits accruing and to acvue from said premises, all of which are included in ~he above and foregoing deuriptan and habendum. V~ TO HAVE AND TO HOLQ the above described and granted premisea unto the said MORTGAGEE, itt successors and assigns forever. And the said ~ their executors, administra~ors and assigns, hereby covenants with the said MORTGAGEE, its successws snd astign~, r.10RTGAGOR for that - the~/ are - lawfully seized of the sa~d premises in fee simple; thst tbe ssme are iree, clear ~nd discharged from all lie~s and encurt?~ ~x their heirs sh~ll wsrrant and defend the tiNe to the same to the ssid brances in law or in cquity, and that they will and ; MORTGAGEE, ib successors and assigns, forever against the lawiul claims and demandf of all perso~s; PROVlDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate hereinbe~ore desc~ibed and shsll frvly, promptly - and fully perfam, d~xharge, execute, comptete, comply with and ab~de by each and every ~he stipulations, agreements, conditio~s e~d covenants of said prom]ssory no~e and of this Mwtgage, then this Mwtgage and the Estate hereby created shall cea~ and be null and void. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular a plural anywhere in this lNo~tgage, shall be singular if o~e only and shall be p~ural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shal) be take~ to mean "his;' "hers," ~=_s or "its;' wherever the co~text so implies w admits. Also, that wherover there is a reference in tha covenants snd agreements herein contained to any of the parties hereto, the ume shal~ be construed to mean as well as the heirs, fegal representatives, successws and assigns (eith~r volumary by act of the ~'w parties or involuntsry by operation of the law) of the same and that the covenams heroin contained shall bind aod the benefits and sdvantsges inure ro the respective heirs, legsl representatives, successws and ass'gns of the parties hereto. pnd said Mortgagors, for themselves and their heirs, tegat representatives, successo~s and sssigns, hereby jointly and severally covenaM and agree fo srtd with the u~d MORTGAGEE, its wccessors and assigns: s able b virtue of said om~ssory note, snd this 1. To pay sll ~nd singulsr the principal and i~terest and the various and sundry sums of money p y Y P~ mwtgage, each ~nd every, p~a*~p~ly on the days respectively the same severally become due. 2, To pay all and sing~lar the tazes, assessmems, lev~es, liabilities, oblgatioas and encumb?ancei of every nature and kind now on said described p~operty, a that hereafter may be imposed, suffered, plsced, levied, or assessed thereon, w that hereafter may be levied o~ assessed vpon this Mort¢ age, w the indebtedness secured hereby, each and every, when dve and payable, according to law, before they become delinquem, and befwe ~ny i~terest 4 a+raches or a~y penaity is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE 5~?ME SHALL BE PROMPTLY SATISFIED ANO OISCHARGED OF ,~;,x RECORD AND THE ORIGtNAI OF~ICIAL UOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDO - OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENi; and in the event that any thereof is not paid, saYsfied and discharged sa:d MOR(GAGEE may at any t~me pay the same or any part thereof without waiving or af(eding any option, lien, equity w t nqht under w by virtue of this morrgage and the full amourrt of each and every such pa/meM shall be immediately due and payable and shall bear interest ~.pn the date thereof umil pa~d a~ rate of n~ne pe~ centum per a~num and togetheOw'~~th s (h~ interest shsll be secured by the lien o t:s morgtsye. _ r y~: dOriK ~+~rV ?AHC i~~~ . . _ - ~ - sr,~ ~ ~ - . . _ . . ` - - . . . . - _ . ~ ~ . 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