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Home My WebLink About2523 . ;~8Q834 . iH15 INOENTURE, AA~de the ?~n~ day of 11 A O. 19~-~-. be~ween A2b~rt Sr.:ith anv Durothy, L. Smith h' a" _ • of St . L.UClE'. County Flwids, hereinaltet des~ynateJ as the "MORTGAGOR;' a~d FIRST~ fEDETrfiR`aWVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporation organized and ex~st~ng ~nder the laws of the Un~ted Statos of America and AsYinq its principal place of bus~ness in ~hs City of for~ Prcrce, St. lucie County, florida, hereinafter desfgnated as the "MORiGAGEE:' WHEREAS the MORIGAGOR it justly indebted to the lMORTGAGEE in the sum of s. 39 , •~Q , good and aawiul money oi the U~~ ted 5•ares ad+anced by the htORiGAGEE unto ~he MORTGAGOR, as ev~d~ncrd by a tertam prom~ssoty note of even date herew~tb; of wh:ch the follow~ng in ..or~~n~fj~ytes~~a true copy, to-wit: No ~1~~~ Z I ~On2~9 s Fo~t Pierce, ilw~da, ~;Prll 22, 19 7`~ Fw ~atvr rece~ved, 1, •~e or Pither of us, prom;se to pay, wi~hout defa;cat~on, to the order o~ FIRST FEDERAL SAVINGS AND LO~h RSSOl:~A710V OF -~RT PIERCE at Fort Pierce, fiorida, the wm oi S-- ~91~~U, ~U N•~~h intrresr from date at the rate of~_`7~o pc~ anr.u~~~, in montcly in,tall- ••<nrs as fo::o~vs: S-~~I . OO _ on ~he~~til day of AUC~,USt 19._Z~ and a I~Ae sum on the co~respond~y day ol each month ~here- e'~rr until the who:e Fxe fully paid. Each insrallment first sha~l be apptied in payment of the iNerest and ihrn on the u~paid balance of the princ pat a~m. 11 de~ault is m~de in *he ,~,ment of a~y insra!i~nent when d~e, and such defa~lt conti~ues 30 days, then at the option of the ho~der, and withou~ any other notica, a~l the •emain:•,g ,~aCmenrs shai: be d~e ared payab:e at once. Privitege is givan to prepay this note in whole or in parl at any tfine without ;,enalty. Neithct (or..tiearanca, rur actep~ance by the ho':drr thereof after any default in any payments hereon, shall be dremed eatension. A late payment charge of S1~-• ~h+!; b~ 1 _o3_d ro each instarment ~emaining unpa~d 7 days after its due date, and a I~ke sum shail be added io each such instailmrM re~nai,~ing unpaid 7 days af!cr >_ach weceeding payr.eent date. Eath make?, surety and endoraer hrreof, jointly and severally, warves demand, presentment protest and notite of protest for non~,~y~nrnt, c~d further ~:.ees to any exrension of t:rr.e of payment, either before or after matur~ry, without not~ce to any of us; and to pay aU cents of collec+~on, indud:ng a ~~~scna6(e artome~'s Fee m thr event of any default hereund~a, and hereby seve~ally waives ail benefit of homestead and exemption unde~ the constitutan , d~aws of each S~ate of the United States, as aga~nst th~s obl;gation or any extens~on or renewa{ hereof. W rtness the hand and seal of each party. S/~ A 1 be r t ~ 1 t t1 (SEAI) (SEAL) i UYO . ml (SEAt) (SEAI) ~58. 5~ ) State Revenue .•,'SisripY~i~tA W ~Ya`tolC~4~CC~r~+b} NON, THEREFORE, the MOR~GAGOR for th~ purpose of securing payment of said sum of j 39 • snd the performance of the corenants and agreements hereinaiter expressed, and for divers good and valuab:e considerations, by these presents, does grant, bargaln, sell, remise, •e.eau, convey and confirm unto the MORTGAGEE, its successors and assigns, aIl that ce~tain lot, piece or parcel of lend, situate, lyi~g, snd being in the :.ounry of St . Lucie and State of Fforids, dewibed as iollows: L~~t ~ 3, an:~ 5, Block 1~~ ~ SUILAND GARDE+~S, as per ~lat tliereof on fi2e Plat Book R, Page 32, accorciir.g to tt~e Public Records ~f St. I.ucie County, ~orida. ~ ; _ ,~~R~~~o;.-t_~ ~F ~ ` \ ` j pR ~ S;' ~j ~ • ~ O ~ ` p jU~ YN J , ,~I S~ P E`~ ~ ~ ~ t= " ; ~ ~ ~Er f ~ ~ 4 • ~ ~ ~,.,i~ ' ~ Ui.?' rta~~ ; ~~Z , i ~ ~ Sr- ~ ~ • - ~ RfCE11~ED ~ eft c•'~r~:•; - ~ _~r~ 2 ° ~JUE ON CU1SS •c~ inrar:r,~st: r ~11RSIL1Mt TO CNAP7ER 71-:~:, AC1S ^f 1S/i. ~Cf ~ ROGER POIF RAS ~ t~ti?li CU~Ol11T OOURi. ST. UICJE t7pi ~ . ~ ~ y - ~ ~ +=gether w~th a!i and ~i.~gular the tenements, hereditements and appurtances thereunto belonging or in anywise sppertaining thereto, and all rents, iuues, _ c~oceeds snd prof~ta accruing and to accrue from said premises, all of which are i~cluded in the above and foregang desaiption and habendum. TO HAVE AND TQ HQID the above described and granted premises u~to the said MORTGAGEE, its successors and assigns forever. And the said +,tORTGAGOR fw t he 1 r____ ?,~;~s, executors, admin~strators and assigns, hereby covenants with tF~e said MORTGAGEE, its successors and auigns, the ~ are ~ ~~at - - lawfully se~z of the said prem~ses n fep simple; that the same are free, clear ~nd discharged from a~l liens and encvm- ~ c.ances in law or in equity, and that t~~Y wi11 and t~eir heirs shall warrant and defend the title to the s~me to the said ~ ~.!ORTGAG~E, its successors and assigns, forever against the lawful claims and demands of all persons; .s PROVtCED, AlWAYS that ii the MORTGAGOR shall pay unto the :NORTGAGEE the promissory note hereinbefore dexribed snd sh~ll truly, promptly _ a-d ful!y perform, d~scharge, execute, complete, comp~y with and abide by each arsd every the stipulations, agreements, cond+tions snd covenants of sa~d _ promissory note and of this Mortgage, then this Mortgage and the Estate he~eby created shall tease and be null ar?d w~d. - IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular a plural anywhere in thit Mo~tgage, shall be singular if one only ~nd shall be plu.al jointly a~d severally if more than one, and that the word "their" as used anywhere in this Mortgage shall be uken to mean "his;' "hen;' g~ er "its," wlxrever the context so impfies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any ol ~R rhe paities hereto, the ssme shall be co~strued to mean as well as the heirs, legal representativef, successors and assigns (either voluntary by atl of fF~e parties w involumary by operation of the law) of the • sar.~e and that the covenants herein contained shaii bind and the benefits snd advantages irwre ~o the respective heirs, legat representatives, successors and ass~gns of the parties hereto. = And said Mortgagors, for themselves and their heirs, legal representatives, successon and assigns, hereby jointly and uvetally tovenant and sgree ~ ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all snd singular tlx printipal and interest and the varioua and sundry sums of money payable by virtue of said promiswry note, and this - mortgage, esch and every, promptly on the days respectively the same severally become due. ~ w 2. To pay all and ~ingular the taxes, assesirrcents, levies, liabil~ties, oWigations and encumbrances of every nsture and kind now o~ said dexribed - ~roperty, w that hereafter may be imposed, sui(e~ed, plated, levied, or auessed thereon, or fhal F?ereaiter may be lev~ed w asseued upon this Mort¢ - age, a the indebtedness secured hereby, each and every, when due snd payable, accading to lsw, before they become delinquent, end befwe any interest - ~•+aches or a~y pe~a~ty is incurred; AND INSOFAR AS ANY THEREOF IS OF RE~ORD THE SAME SHAII BE PROMP~IY SA7ISFIED A~1D DISCHARGED OF ` RECORO AND THE ORIGINAL OFFICIAI ~OCUMENT jSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in ~he erem that any thereof is not - :;a.d. saYSfied and d~:charged sa d N10RTGAGEE m.ay at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity or •~~ht under or by virrue o~ th~s morrgage and the full arrount of each and every such payment shall be imm~diately due and payab~e and shall bea? interes~ - '~om the date rhereof until pa;d a+ rate oi n~ne per cenrur*: per annum and together w~th s~ch interest ahall be secured by the lien of th:s morgtaye. i•~f i - - - g~ - _