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Home My WebLink About2521 2~0833 ~ ' . ~ . THiS INUENTURE. Made ttie_ __?4Lh day of A~11 A.D. 19 74 , be~ween ~ John M. Peach and Leslee_~~~z~gach his wife _ ~ of St . Lucie County Florida, here~nafter dcs~ynaret! a b~th~e~ORTGAGORy~~nd~ F1RST fEDERAI S~+VINGS AND IOAN ~SSOCIATION Of FORT PIERCE, ~ corpwarion organ~:ed a~d ex~a~~ng under ~he laws o( the Un~ted Ststai of Americ~ and having its pri~~cipal place of busin~ss in ths City of Fwt Pisrce. St. lucie County, Fiorid~, hzreinafter designa~ed as the "MORTCaAGEt"~• WHEREAS the MORTGAGOR is justly indebted to the MORTGAG:E in the sum of j a6 ~ BO~• , good and lawiul mor~ey of the Un•tad S~ates advanced by the MORIGAGEE unto Ihe MORTGAGOR, as evidanced by a certam pcomissory note yf•even date here+v~th, of wh~ch ~he fwlo~~n9 in .~ords snd figures is a i~ue copy, fo-wiC ~ + z26,800.00 r,i, 10020830 fwt Pierce. Flwida. Apr i 1 ZQ ~ 19 74 Fa value recr~ved, 1, we w e~?he~ of us, prom;se to pay, without defalcat:on, to the ordrr of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOV OF ~ ORT PIERCE af Fort Pierce, Fior~da, the sum of s__.26~ - w~~h imerrst from date at the rate of 7So pe~ annum, in monthly i~sta~M ~ ants as fo~!ows: j__221 • _ on the?~th day of Au9u 5t ~9__74_ and a like sum on the conespond~ng day of each montn there- etter until the whote be iu1~y paid. Each installment iirst shall be applied in payment of the inrerest and rhen on the unpaid balance of the princ~pal sum. If detault is made in the ~ a;inent Of any installment when due, and such defauh cominues 30 days, th•~n at the optio~ of the Aolder, and without any other notice, all t'he remain~~g ~~srallmeNS shaU be d~e and payab'e at once. Priviie9e is g~~en to prepay this note in whole or in part at any rime without penalty. Neither iorebearance, noi acceptance by the ho'der thereof after any default in any paymems hereon. shatl be deemed extension. A late paymero charge oi j lli_O~, sha11 be ~d:ied ro eath installment remain~ng unpa~d 7 days after ita due date, and a hke sum shall be added to each such instaliment remain~ng unpaid 7 days after r~ch succeeding paynxnt date. Eath maker, surety and endwsei hereof, join~ly and severatly, wa~ves demand, presentrnent protest and nutice of protest for nonpayment, and furthe? a;~ees to any extension of Nme oF payment, either betore o~ after maturiry, w~~hout ~ot;ce to ar.y of us; and to pay all costs of co!lection, inciud.ng a ~sonable attornry's (ee in ~he event of any dcfau;t hereunder, and he~eby severalty warves all benefit of homestead and exemption under the const~tu~ion ~J !aws of each State of the U~ited States, as aga~nst this obligation or any extens~on or renewal hereof. Witness the hand and seal of each parly. (SEAL) s/ John M. Peach ~sfA~~ ~nU s/ Le_slee E. Peach ~s~~ t S40.20 ) State Revenue i61!) NOW, THEREFORE, the MORTGAGOR ior the purpose of securing payment of said sum of = 26 ~ gOO. O0 - and the performancr of the covenants a~d agreements hereina(ter expressed, and for d~vers good and valunble cons~derations, by these prese~?s, does grant, bargain, sell, rem~se, ~_•;?ase, convey nd top firm ynto the 1NORTGAGEE, its succeswrs and ass~gns, ai~ that certain lot, piece or parcel of land, situate, lying, and being in the ~t . L~1Cle , and State of Flonda, desvibed as follows: ~o~nty of Lot 11, Block 163, LAKEWOOD PARK, UNIT NO. 12, as per plat thereof on file in Plat Book 11, pages 26A and 2bB of the Public Records of St. Lucie County, Florida ! . i ~ ~ r;1 j _~-~J~'~'J~,> 1 F 51 c; M~-- - 1 . ; 6, ~ ; S~ ~MEN~ aR _ ~ Z ~ ~ - ' ~ pO~u EYEnU~ . 'ic r - ~ ~ s ~ ~ ct ~ , X- = ~ ~z, c' p~'~t _ •7. ` r-~-rr~. ~ - r ;,rt.30 ~ ~ P.a / ~ c~ ~ ,~;r~2 RECt{1~ED ~ ~~-Y' ~ fi~ ~",':'t•iT Oi T:,?:~~ i ~ ~ DUc ON CiJ1SS 'C lMTANGIBLE VE ~SO':': PkG~Epil, F PURSUAfIT TO CNAPTER I1-134, ACTS OF 2411. J~ . ROGER POITRAS ~ 3 ClEfO( ClRqllT COURT, ST. IUCIE C(l., fli1. ~ ~ ~ ~ $ ~ rogether with all and singutar the tenements, hereditaments and appurtanccs thereu~to belonging w in anywise appertaining thereto, and all rents, iasues, o~oceeds 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 T HQID the above described and granted premises unto the said lNORTGAGEE, its successors snd assigns forever. And the said - V.ORTGAGOR for t~e lY helrs, eaecutors, administrato•s and asaigns, hereby covenants with the said MORTGAGEE, its suctessors and au~gns, rhat they__ are__ ~aWf„nY se;ied of the said prem~ses in fee simple; that the same are free, clear and discharged from sll licns and encum- crances in law or in eqoity, and that theY w;It and their heirs shall warrsnt and defend the tiNe to the same to the said N'.ORTGAGEE, its successors and assigns, lorever against the lawful claims and demands of all persons; _ PROV~DED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed artd shali truly, promptly i and fully perform, d~scharge, execute, comp~e+e, comp~y with and ab~~e by each and every the stipulations, agreements, conditions and covenants of said •Uwo prom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ;~ap _ ~ac IT IS UNDERSTOOD that the word "Mortgagoi' whether i~ the s~~gular w plural anywhere in this Mortgage, shall be singular if one only snd - shali be plural jointly and severally if mo~e than one, and that Ihe word "their" as used anywhere in this Mongage shall be taken to mean "hif;' "hers," - or "its;' wherever the context so implies a admits. Also, that wherever there is a reference in the covenants and agreements herein contained to sny of ~ - the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successws and assigns (tither voluntary by act of the ~ parties or involuntary by operat~on of the law) of the same and that the covenants herein contained shall bind snd the benefits and adrantagd irwre ~o the respective heirs, legal representatives, successors and ass~gns of the parties hereto. ~ - And said Mortgagors, for themselves and their heirs, legal representatives, successors snd assgns, hereby jointly and uverally covenant and agree ~ to and with the said MORTGAGEE, its successws and assigns: ?p 1. To pay a~l a~d singular the printipal and interest and rhe various and s~ndry sums cf money payable by virtue of said promiswry note, +nd this v, mortgage, each and every, Wornpt~y o~ ~he days respetl~vely the same severally become due. ~ 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encumb?snces of every nature and kind now on said described ~ " properly, a that hereafter may be impoted, suffered, plated, levied, or auessed thereon, w thst herealtsr may be levied w sisessed ~por? this Morty- age, w the indebtedness secu~ed hereby, each and every, when due and payable, actording to law, before they become delinquent, and before any interesl - ~naches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIEO AND DISCMARGED OF ~ RECORO AiVD THE ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFFICIALLY ENDORSED OR CERTIFIE07 SHAtI BE PIACED 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 t~me pay the same or sny part thereof without waiving or af(ecting a~y option, lien, equity or ~~~ht under w by vir~ve of th~s mortgage and the ful! amovnt of each and every s~ch payment shall be immediately due and payable a~d shall bear ir.teres+ - ~~om the date thereof until pa~d at rare of n~ne per ce~~vm per annum a~d ~ogether w~rh s~ch interest shall be secured by the lien of th"s morgtage. _ _ - - - ~ . - . - - - -