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Home My WebLink About1573 , ~u ~t' THIS INDENTURE. Mad~ the 18th day of _A rl 1 0.0. 19 7 4- betwee~ Samuel Kni9ht and Betty I.ou Knight his wife ^ of St . WCi@ ~ounty Florida, here~naf~e~ drsgn~~ed a~ ~hs "MORTGAGOR," and fIRST FEDERA: SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE, + corpora~ion crganized and ex+siing undm tM laws bf thd`Unit~,Sfa~~s of Amrric• +nd having i1s principa~place,of ~ busin~u in the City of fort Pi~rce, SI. tucie County, florida, hereinahe? designatcd as ths "N~Q~7G~~~,(~( • • ~~W ~ od ~nd lawful money of the U~~~ed WHEREAS ths MORTGAGOR is justiy i~debted to ths MORTGAGEE in the sum of S ~ 9° States advancrd by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tertai~ p~omissory nOte eE.sveo date herew~th, of wh~ch the follow~n9 ~n word 2a~Zn ; Oq _e. ~a trw copy, to-wic l~Z~$~ ' April 18 ~ S W iort Pierte, F{orida, fa value received, 1, we or either of us, prom~se to pay, wi~hout defatcu+ion, to the orde~ o( F~RST FEDERAI SAVINGS AND IOAN ASSOCIATION OF _ FORT PtERCE al Fo~t Pierce, Ftorida, :he svm of S 22L~~•~~ w,th iqnterest from date at the rate ot 9'?~o per annum, in monthly install- meros as foltows: 5-282'~ on th~2~tb day of ~y 1~! 4 and a like sum on the cwresponding day of each moNh there- after until the whole be fully pa~d. Each insrall~nent (irst shall be applied in paymem of the i~terest and then on the unpaid balance of the princlpal sum. If default is made in the F~ay~nrnt of any insraitment when due, and such default continues 3~J days, then at the option of the holder, and without any other notice, all the remaining ~~,sraliments shall be d~e and payablc at axe. Priv~:ege is given to prepay this note in whole or in parl at any t~me w~thout penalty. Nei4 iObearance, nor acceptance by the ho~de~ ~hereof after any defauSt in any paymeNS hereon, shall be deemed extens~on. A lare payment tharge of S • shall be ~ added to each instatlment remaining vnpa~d 7 days after its due date, and a like sum ahall be added to each such instailment remaining unpaid 7 days a(te~ each succeeding payment date. Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further ac~rees to any extension of time of payme~t, either before or after maturity, without not~ce to any of us; and to pay afl costs of collection, includ:ng a reasonable atrornay's fee in the event of any defauh hereunder, and hereby sevcrai~y waives a~l benefA of homestnad a~d ezemption under the constitution ,:nd laws of each State oi the United States, as against this obligation or aoy eztensio~ o~ renewal hereof. Witness the hand and seal of each party. (SEAI) s/ Sanuel Knight (SEAI) (SEAI) S/ Betty i.ou Knight ~5~,~, $33.00 ~ State Revenue i_ ) 22 ~0 ~0 and the performanca of the NO'~N, THEREfORE, the MORTGAGOR for the pu?pose of securing payment of said sum of S s covenants and agreemenfs hereinafter exp~essed, and ior divers good and valusbie considerations, by these presents, dxs grant, baryain, selt, remise, re?ease, convey and confirr~ untQ the MORTGAGEE, its successors and ass~g~s, aIl tha~ certain lot, piece or parcef of land, situate, lying, and being in the $t . 1.1~C1~ - and State of Florida, desuibed as follows: County of Lot 1, less the South 2 feet thereof, and all of Lot 2, N~YERHOFF'S SUBDIVISION of Lot 96, Garden City Farms, as per plat thereof on f ile in Plat Book 6, page 10 of the public records of St . l:uci¢ County, Rlorida ~ ~ P t I 4 ~ ~ ` ~ 0~ 1 I~~i~~~Ei~j df ~ii.l£$ ~ D p C U M E N R Y~r'-~ t$ ~'M P r~i ~ RE~EIVEO S ~_~~~E pE:~SOtUL PRO~Rn, y o= r... c pqi GU1S~ 'C• .E 134. ~1S Uf 1971• ~ c~ OEP!. ~f REVENUE + I DU. R 71• ~ i` ~ = _ aFR20'74~;:~.; :I~" 3 3• ~ 0~ PURSW~1 TU ~RpGER POISRAS~~ ~ FlA N P8. ~ ' ~ CIRdI~t t7WR7. Si. ' ~ =!~~e2 ~ b - ~ . ~ ~ ~ rogether with all and singular the tenements, hereditaments and appurtances thereunto belonging w in anywise sppertsining thereto, a e rents, issues, ~ proceeds and profits accruir?g and to accrue from said premixs, all of which are included in 1he above and foregoing desaiptwn and habendum. 3~ TO HAVE AND TO HOI~ the above described and granted premises unto the ssid MORTGAGEE, its succetson and sssig~s forever. And the wid their ?kirs, eaecutors, adminisrrators and assigns, hereby covenants with the said MQRTGAGEE, its tutceasors ~nd auiyro, ~ MORTGAGtO(t for rhat ~~Qy d=e- lawfully x~~ed of tk~e w~d premises in fee simple; that the same are free, clesr and dischsrged from all liens and encum- ~ ' thgy W~~~ a~ their he~rs shall wsrrant and defend the title to the same to the said brsnces in law or in equity, and that MORTGAGEE, its successo~s and assig~s, fwever agai~st the ~awful claims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE t!x p~omissory note hereinbefwe dewibed and thall truly, promptly and fv~ly per(arm, d~uharge, execute, compfete, comp~Y with and ab~de by each and every the stipulations, agreements, conditions ~nd covenants of said promissory nete snd of this Mortgage, then this Wb~tgage and the Estate hereby created shall usse and be null and void. ~ w>_. ..Y IT t5 UNDERSTOOD that the word "Mortgsgw" whdher io the singular or plural anywhere in this Nlortgsge, shall be singular if one on y+ ~ shall be plursl jointly and severally if more than one, and that the word '"thei~" aa used snywhere in thn Mortgage shall be tsken to mean "his;' "hers," ` flr "its," wherever the contexl so implies w admits. Also, that wherever there is a reference in the covenants snd agreements herein contained to any of 3 the parties hereto, the ssme shall be consrrued to mean as well as the heirs, legal representatives, successort and assg~s (either voluntary by act of the _ parties or i~voluntary by operation of the law) of the sam.e and that the covenanti he~ein contained shall bind and the benefits snd advantages inure +o the respectlve hein, legal representatives, successors and asrgns of the parties hereto. And said Mo?tgagors, fw themselves and their heirs, legal representatives, successors and assigns, F~ereby joindy and severally covenant and agree to a~d with the sa~d MORTGAGEE, its successors and sssigns: . ~j~`~' 1. To pay all and singular the principal and imerest and the various and sundry sums of money psyable by viriue of said promissory note, and this : mortgsge, each snd every, p~omPtly on the days respett~vely the same severally become d~e. " 2. To pay all and •ingvlsr the taxes, ssxssments, tevies, liabilities, obligstions and er+cumbnnces of every nature and kind raw on said described property, p that hereafter may be imposed, suffe~ed, placed, levied, o~ assessed thereon, o~ that F~eresfter may be levied w ~~seised upa? this Nbrt¢ age, w the indebtedness sec~red hereby, exh and every, when due and payable, xcordirg to law, befwe they become delinqueM, ~nd before any interest arraches w any penalty is incurred; ANU INSOiAR AS ANY TMEREOF IS Of RKORD THE SAIVIE SHAII BE PROMPTIY SATISFIED ANO DISCHARGED OF RECORD AND THE ORIGIPSAI OFFICIAL DOCUMENT (SUCN AS, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAItY ENDORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAIp MORTGAGEE W~THIN iEN OAYS NEXT AFiER PAYMENT; and in the event that any thereof is not paid, sat"sfied a~d d~scharged sa'd MORTGAGEE may at any t~me pay tF+e same w any part thereof withovt waiving or affecting any option, lien, equity or ; •~~M under or by virtue of this mortgage and the full amount of each and every such paymeM shsll be immediately due and payable and shall bear iMerest ~.om the date thereof until p+~d at rate of n~ne per centum per annum •nd toge~her w~th such Ut~esrj~~e ~r[~~7~~ien of tF~:s morgtaye. BOOK ~ O v ^:r~L _ . . . _ ~ - _ - _ S~a'- ~ - ' . . . . . ' _ ~ . . . . . . . . . l Y" . _