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Home My WebLink About2271 _ ti~U~~~ ~ THIS INDENTURE. Msde ,?u_ 16th ~1a of April - A.D. 197'4 betraeen i 11 i~ R. Sa?a_~~son and Bonita G. S~aapsan, his wife; Howard W. Sau~srn anrl Helen D. Saavson, r~is wife; and ~sserson . Sanpson and Iris T._S h Nife _ _ of St. Lucie ca,nty Flo~~da, he~e~nafter desiynated as the "MORTG Ca0 l~ fIR5/ iEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, + corporotion organized and exis~ing under the laws o( the United Statas of Amerita and hav~ng its p~~~~~~pa~ p•ace of bus~ness in tha City of fort Pierce, S~. lucie County, Florida, heroinafter des~gna~ed as t 3a O~O AO~~. WHEREAS 1he MORTGAGOR is justly indebted to the MORTGAGEE in the sum_of f ~ ' good and lawful mcney ol the Un.ted S+ates advancrd by the l~10RTGAGEE unto the MORTGAGOR, as evidrnced by a cer?ain promisswy no~e ot even date herrw~th, of v.h~th the iol:or..-~g in ~,ordi and fguros ~s a~we copy, to-w7t: ~ ~ 10020797 s 34~000.00 • tso-- Apr 3.1 16 _19 74 Fort Pierce, flwida, Fw vatue received, 1, we or either of us, p+om~se to pa without defatcat~on, to the order of fIRST FEDERAI SAVINGS AND LOAN ASSOCI~TIGN OF %QRT PIERCE at Port Pierce, Fbrida, the sum oi S__~-~~~~~~ - W~~f~ ~nrerest from date at the rate oi 8! 7r'~-°.o per annum, in monri~ly ~•~s~all- , enrs as foS!ows: S 28O! ~ - on the ?~th day of Ju1V , 19___~ and a like sum on ~he cwrespond~ng day of ~ach month there- s~ter until the whole be fulty paid. Each installment f~rst shall be appliad in paymant oi the interes~ and then on the unpa~d balance of the p~~~c pal sum. If defa~H is made in 1he ; e~ment of any installment when d~e, and such defauh conunues 30 days, then at the option of the hoider, and withouf any other notlce, all the rcmaimng ,staltments shail be due and payable at once. Privilege is g~~en Io prepay this note in whole or in part at any t+me without penalty. Neither forebearance, nor acceptance by t~e ho~der thereof aftzr any defa~lt in any payments hereon, shall be dremed extension. A late payment charge of S14 . shall be ..id~=d to each ins~altment remaining unpa~d 7 days after its d~e date, and a I~le sum shall be added to each such instaUment rema~n~ng unpaid 7 days atter ~-.,ch succeeding payment date. ' Each maker, surety a~~d endorse~ hereo4, jointly and severally, wa~ves de~nand, p~esentment pretest and notice of protest. for nonpayment, and further e~rees to any eztens~on of time of payment, either be(ore o~ after maturi!y, w~thout notice to any of us; and to pay all costs o( collxtion, inc!ud:r.g a r~~asonable atromeys fee in the event of any defauh hereunder, and hereby severally waives all benrfit of homestead and exempt~on under the constitWion , d iaws ef each S~ate of the United States. as aga~nst this obLgat~on w any extension or renewal hereof. Wltness the hand and seal of each party. g~Wllllal0 F• Sd~S01'1 (SEAI) s/fimerson G. Saatpson (Seal) s/Bonita G. Sampson ~sEai~ s/Iris T. Sampson (Seal) s/Howard W. Saspson (SEAI) s/HeZen Sanpson (SEAI) ~ ~ 51 • ) $tate Revenue ;s+a~p~oc.l~.d.«~.ar~p~u+?~ot~l 34 000 00 NO'~41. THEREFORE, the MORTGAGOR for the purpose of securing payme~t of sa~d s~m of S ~ ~ and the perfwmance of the covenants and agreements hereinafter exp~essed, and for divers good and valuab!e considerations, by these presents, dces grant, 6argain, selt. rem~se, ~~'~ase, convey and confirm unto the MORTGAGEE, its successors and ass~gns, a11 that ce~tain lot, piece w parcel of land, situate, lying, and bei~g in the County of St . L'uCle and Srote of Florida, deuribcd as follows: Seing a parcel of land lying in Block 32, LAKfiWOOD PARK SUBDIVISION, Unit No.4. according to the Plat thereof filed in Plat Book 11, Page 2, Public Records of St. Lucie County, Florida; the boundary of said paYCel being more pazticularly de- scribed as follows: _ TRACT 2 Fron the Northeast corner of the aforesaid Block 32, run South 126.82 feet to the i Point of Beginning; thence continue South SS feet; thence West 150 feet; thence k North 20 feet; thence North 31° 36 ' 30" Bast 76.34 feet; thence ~a?st 110 feet ~ to the Point of Beginning.~ ~ r 'z ~ ~ ~ ~ STATE ~ ^ ! RECEIVED ~L2_- ~~I - 'N ?~•'!'Et:l OF TqXE$ ~ ~J ~ ~ L~_ DUE OM CLASS'C' INIP.t:GIEi: p~~R~. ~ UO{~~t3M ENTAR 7-="-, S i;, M~'!, ~ ~ PURSUANi T0 CiiAPTER 71-134, ~q.,~ 1 ~ yr t,E~~ ~~r ~E~~ENUF _ ~ S OF 19/1. a - oPkrS•~t ` i ROGE(t PO~trus . H= Fe. - 5 I. 0 0 ~ ~R!( CiRqIIT OOURT. uci co ~ ° - ~ _ 1 sr. ~ E , ~ 7~ ~ ~ ~ - ~ roye~her with all and singular the tenements, hereditaments and appurtances thereunto belonging o? in anywise appertaining thereto, and all rents, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing dexription and habendum. ~ TO HAVE AND TO HO~~ the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said ~ their ~ t '.10RTGA R fw ~~~s, executo~s, adminis+rators and assigns, hereby covenaMS with the said MORTGAGEE, its successws s assigns, ' ~iey are .hat lawfully seized of the said premises in fee simple; that the same are free, clear and discharged from all liens ar?d entum- e= thgY t~le1Z heirs ihall warrant and defend the titie to the ssme to the said ~rances in law or in equity, and that_ will and ~ !1.ORTGAGEE, its successors and assigns, forever against the lawful claims and ~emands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefore desc?ibed and shall truly, promptly ar.d fully perform, d~scharge, execute, comp~ete, canp~y wiih and abide by each and every the stipulations, agreements, conditions and covenants of said ~C _ promisswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be nufl snd void. ~ ' IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or p~ural anywhere in this Mortgage, shall be singular if one only and ~ ;=::5 shall be plural joimly and severally if more than one, and that the word "their" as used anywhere in this Mwtgage shall be taken to mean "his;' "hers," or "'its," wherever the context so implies w admits. Also, that wherever there is a reference in the covenants and agreemeMS herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, Iegal ~epresentative~, sutcessors and assigns (either voluntary by ad of the parties or involuntary by operation of the law) of the same a~d that the covenants herein contained sha!I bind and the benefits and advantages inure ;~t3 ro the rospective heirs, legal representatives, successors and assgns of the parties hereto. - And said Mortgagors, 1or themsetves and their heirs, legal representatives, succeasors and assigns, hereby jointly and severally covenant and agree ~ ro and with the sa~d MORTGAGEE, its successws and assigns: ; ~z 1. To pay all and singular the p?intipal and interest and the various and sundry sums of money payable by virtue of said promissoiy note, and this mortgage, each and every, promptly on the days respettively the same severally become due. rtM`: 2. To pay all and singular the taxes, assessrr+ents, levies, liabi~~ties, oWigations and encumbrances of every nature and kind now oo said described property, w that hereafter msy be imposed, suffered, placed, levied, or assessed thercon, o~ tbat hereafter may be levied or assessed upo~ fhis Mort¢ a e, or the ~ndebtedness secured Fiereby, each and every, when due and payable, according to Iaw, before they become delinquent, and before sny interest 9 arrzches or any penal~y is incurred; ANU INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPiIY SATISFIED AND U~SCHAR ED RECORD AND THE ORIGihAt OFFICIAL DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENOORSED ; OR CERTIf1ED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENI; and in the event that any thereof is na pa~d, sat'sfied and d~scharged sa'd MORTGAGEE may at any time pay the same or any part thereof w~thout waiving or a(fecting any option, ien, equ~ty or z~`~ ~ .~qht under w by virtue of this mortgage and the full amo~nt of each and every such payment shal{ be immediately due and payable and shalf bear interest r~`.> ~.om rhe date thereof until pa~d at rate of n~ne per cent~m per an~um and togetner wnh wch interest shall be secured by the lien of th's mwgtage. ~~=~w ~ ~ , ~ ~ _ _ I ` ~ ~ - , _ . _ _