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Home My WebLink About1952 280480 ~ . . ~ . . 1NIS INDENTURE. Med~ ~he 2~rd day of A ril A.D. 19?4 between I~tichael Longazel and Bernice A. Lc~n~ 2 1, Ri3' N~~Q . r of St LL1Cle! , Counly flor~da, he~ein+fter d~t79~+~ed si 1M "1NORTGAGOR;' ~7~' FIi15T fEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERGE. a corporation ayani:ed s~d existiny under tM Iaws of tM U~ited Su~~t of Am~riq and F+~vinp its principal placs of bu~in~ss in tiN Cih of FoA Piera, St. luci~ County. Flaid~. hsreinaftdr deiiynat~d as tM "MORTGACsEE." 24 6~~ and lawfut money of the Un~ted WHEREAS tM MORTGAGOR is justly k~debt~d ro th~ MORTGAGEE in the sum of f ~ - 9°Od Srates advanced by the MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promiuory note of even date harew~th, of which the followi~y in wads +nd f' ures is • trw copy, to-wit: ~ 1~~~21~ s 24,6~0.00 fo?t Pierc~, Flwida, -A~?r~-1 ~ 191~-' Fw value ~eceived, 1, we or cither of us, p+omise to pay, without defetcation, to ~he order of fIRST FEOERAL SAVINGS AND IOAN ASSGUATION OF fORT PIERCE at Fort Pierce, fbrida, the sum of f24 ~ 6~~ . w;~h ;nteres~ from da:e at the rate of 8• 7~ per annum, in rtwr+lhlY instalb .~+e~ts u fol!ows: S 203• a^ ~t~tl~y °f AuqUSt ~q7~_ and a like sum on the corrospondinp day of each month the~r afrer until the whole be fully paid. Each Installment first shall be applied in payment of the interes~ and then on the unpaid balance of the prindpal sum. If detault is made in the cayment oF ~~y imtatlment wfien dw, and such defau~t co~tinues 30 days, then at tM optan of the holder, and without any other notice, all the remai~ing ~ns~allments shaU be due and payable at once. P~ivilege is given to prepay this note in whole or in part at any time without per»Ity. NelO ~S rance, nor atceptance by the holder thereof after any defauh in any payments hereon, sfisll be deemed extension• A tate payment tharge of ~ ~ added to each installment remaining unpaid 7 days after ih due date, and • like sum shall be added to each such installment remaining u~pa~d 7 days after aach succeedirg paYment date. Each maker, surety and e~dwser hereof, joi~tly and severatly, waives demand, prese~tment protest and notice of protest iw nonpaYment. and further agrees to any extens~ of time of payrrKnt, either befoie or after maturity, without not~ce to any of us; and to pay all cosfs of coltection, includ~ng • reasonable attu~ney i fee in the event oi any default hereunder, and hereby severally waives all benefit of homestead and exemption ureder 1he co~stitWion ard laws of each State of the United Statcs, as against this obligation or any extensio~ w renewal hereof. Witraess ?he hand snd seal of each party. Michael Longazel cs~?u cs~?u S Bernice A. Longazel (sEnu ~ $ 36 . 90 ~ State Revenue - x~ 24 600.00 NpW, THEREFORE, the MORTGAGOR for the purpox of securing payment of ssid sum of : ~ and the perfo?mance of tM covenanls and syreeme~ts hereinaftcr expreued, snd fw diven good and v+luab~e cons~deratian, by these p~esenn, does grant, baryain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, iri succeuors +nd assigns, all that tertain bL piece or partel of Iand, situate, lying, and being in 1he ~~ry ~ $t . I,UC1@ and State of Florids, dewibed a~ iollowa: Lot 6, Block 109, LAKEWOOD PARK SUBDIVISIOr, UNIT ~9, as per Plat thereof on .`ile in Plat Book 11, Page 27-A, according to the Public Records of St. Lucie County, Florida. ~ • ! ~ ~ ; r.. ~ ~ l n~ ^ s ~ o~ AT~ ~y~~~`,,Q~' { v, oEPr. o RE _~hqkr s OR fp~-t d~~'Q~'~Sd~ ~ n, 0 1 ~ PB = g,s ~r-~`~ra ~ t ~~~~G~~,~, ~S ~~E t?p2 Q ~ 'r~=~ ' 3 + Q~ ~ ` ~ ~ O ~ ~ C ~P'-~~• S Z ~ ~ ~Y~ G\~\ ~ ~ ~ ~ ~ ~ ~ together with sll and singular the tenements, hereditaments and sppurtances thereunto belonging w in ~nywise sppertsining thereto, and stl renn, iaues, ~ p~oceeds and profits atuuing and to accrue from ssid premises, al! of which are included in the sbove and foregoiny desc?iption s~d h+b~ndum- TO HAVE AND TO HOLD the +bove desc"bed a"d 9ranted premises uMO the said MORTGAGEE, its successors and sasgns fwever. And tM aid ^4 MORTGAGOR fo? their _y ~~~s, ~x~~~ ~ministrators and assigns, hereby covenants with the s~id MORTGAGEE, its waessws ~nd usi~m, ~ fhat thev are - lawfully seized of the s+id Wer^~ses ~n fee simple; that the same ~re free, clesr and discharged from all liens and ancw~ `y branccs in Iaw a in equity, and thst they will and their W~rnnt snd defend the tiHe to the sams to the said ~ MORTGAGEE, its successors and ~ssigns, fwever against tF~e Iawful claims and demands of ~II ~sor?s; _ e - PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissary note herei~before destribed and shall truly, promptly ~'d - and fully perform, d~xharge, execute, complete, complY with and ab~de by each and every the :tipulations, sgreements, candiYwns and covensnri of said !!1 promissory note snd of this Mortgsge, then this Mortgsge aod the Estate hercby uested shalt ce+se and be ^u~~ ~~d vod• IT IS UNDERSTOOD tMt the word "AAwtgagor" whether in the singular a plurat anywhere in this Mortgape, shall be sinyulu if one only and ' shsll be plural jointly and severslly if more tF~sn one, and that the word "their" as used anywhem in ihis Mutgsge shall be taken to mean "his,'• •'hen•• o~ "its;' whereve? the context w implies or admin. Also, thst wherever there is a reference in the tovenanri and agreemenh hereio cont~ined to any of the psrt~es hereto, the sanx shsll be construed to mean ss we{I as the Fxirs, legal reprexnt~tives, succes~wi snd suigm (either voluntary by +c~ of tht part,es or imolu~t~ry by oper~+ior? of fhe Iaw) of the same and that the covenants herein cenui~ed shall bind ~od the benefits ~nd advantsqes irwre ~ to the rrspective heirs, kgal rcpresentstives, successors and ass'gns of the part~es hereto. ~z i /?nd ssid Nbrtg~gors, fa themselves and their heirs, legal reprexntatives, succrosws snd au+gns, her~bY IaM~Y +^d uverally covenant ~nd prae ~ 10 ~nd with t?~e said MORTGAGEE, its successors and augns: ~r~~ 1. To pay and tingvlsr the principal +nd inte+est and the various and sundry wms of mo~ey psyable by virtue of said promissory note, and thu mortgsge, each ~nd every, pomPtly on the days respedively the same sever~lly become due. s y, Tp p~y sll srxl singular the taxn, assesunenn, levies, liabilities, obligstions and encumbr+nces of every n+ture and kind now on said dew7 ~}~',-~~s' properry, or that hereafter may be impoted, wffered. Plsced. {evied, a+uessed thereon, or tMt hereafter may be levied w sssessed ~Pa+ this Mott¢ age, or tF+e indebtedness secured hereby, each s~d erery, when dve and payable, xcadiog ro'law, before ihey become delinquent, and before ~rryr internt ~z attaches w any pen+lty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKOR~ iHE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGINAL OFF{CIAt OOCUMENT ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTtON PAPER OFFIGIALtY ENDOR OR CERTIFIED) SHALL 6E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; s~d in the event that any thereof is nW paid, sat'sfied and discharqed sa:d MORiGAGEE msy at ~ny time pay the same o~ •nY PaA thereof without waiving or affettiny any opNo~. ~~e~. Mvity or •~qM unda a by virtue of this mor~gage and the full amount of each and every s~ch payment sMll be immedi~tely dve and payable and shall bear inte~est ~rom the date thereof until pa~d at rate of nine per cent~m per annum and togNher w~th such i~terest shall be secured by the lien of th:~ morytaye• _ _ _ . . . _ _ - - _ ; ' ; . - ; , t~ : _ ~ ~