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Home My WebLink About2686 ~ 2b~`~949 ; . ~ , THIS IN~ENTURE, Madt the 19th _ d.y of DZ~1 A.D. 19~-. be?Wee~? : Ra ~ond S. Powell and Doris M. Powell hi wif ~ . . ; of St. ~UC~@ , Counfy Florida, htr~in~fte~ de~igna?ed at tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, s cwpor+tion ay~nizsd a~+d ex~stinp unde~ ~he I~wn of tF» Uniled S~~los of Am~~ic~ +nd h+vinp ip principal pl~:e of busin~u tn tM City of foN Pi~ru, St. luci~ Co~nty, florida, hereinaf~e~ daipnatsd a~ tM "MORTGAGEE:' WHEREAS tM MORiGAGOR is jtntly indtb~~d to tiw MORTGAGEE in ths ium oi S 30s~Q.O~ yood +Od lawful ma+ey of the Un~ted S+ates advancat! by the MORTGAGEE unto tM MORTGAGOR. as evidencrd by + certain promiuory nole of eveo date herewith, of which the followinp in words and fi9ures is a trw copy, to-wit: s 30,800.00 ~1Q020814_ F~ Plerc~. Fi«~d.. Apr i 1 19 197 4 For valus received, 1, we w either of us, prom~ie to pay, without dafal;ation, to ths o~de~ of FIRST FEDERAI SAYINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Florida, Ihe sum of = 3O ~8~'~ w~th inte~ast from date af the rate of ~a-~6 p~ ++~num, in mo~thly ins~alt- j n,rnrs as follows: i 2~•~ on ths 2~th day of `l~y , 1S 74 and a like sum on the corresponding day of each month therr after unlil the whole be tully paid. Each i~atatlment first shall ba applied in payment of the interest and tAen on the unpaid balance of the pr7nNpa1 sum. If default i~ made in the payment of aoy installment when due, and such default tontinues 30 dayt, then at the option of tlie holde•, artd without any other notice, al{ the remaining ~nstaltments shall be due and payabk at once. Privilege is given to prepay this note in whole or in part at any time without pena~ty Neither forebearante, nor ~cceptance by the holder thereof atter a~y defauh i~ any payments hereon, shall be deemed extension. A late payment charge of s 12 • 7 shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such ins~ailment remaining unpaid 7 days after each succeeding p~yment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of p~otest fa nonpayment, and furthet agrees to any extension of time of payment, either before w after maturity, wirhout nofice to any of us; and to pay all costs of collection, includ~ng a rzasonable attwney's fee in the event of any default hereunder, a~d hercby srverally waivea all benefit of homestead and exemptio~ undet the constitution and laws of exh State of tha United States, as against this obtigation w any extension w renewal hereof. Witnes~ the hand and sesl of exh party. ,C~~ 4.~'' G~ . (SEAI) aymon O~ (SEAL) / o~~- _ csEnu , ' e tse~W ~ 46 . 20 t state Revenue t NOW, 7HEREFOR~, the MORTGAGOR fw the purpose of securing payment of said sum of = 3O •~0 and the pe?fwmance of the co~enann and agreemena hereinaher expressed, and fw divers good and valuable considerations, by these p~esents, dces grant, bargain, sell, remiu, release, convey and confirm unto the MORTGAGEE, iri successors and auigns, all that ce?tain lob piece or parcel of land, situate, lying, and being in the ~W~~ ~ S t. L13C 1@ and Stete of Norids, dewibed n follows: ~ Lot 3, Block 69, ~UTH PC~RT ST. LUCIE, Unit 5, as per plat thereof on file in Plat Book 14, page 12, public records of St. Lucie County, Flor ida, ~ ~ . i ~ ; > a STATE ~F FLORlDA ~ ~ _ DQCUMENYARY,~,,, STAMP iAX ~ = OEPT.OF RfYENiIE~' • ' N = ee. _ ~ur. t ~ 4 6. 2 0 ( , ~ r. = t ~ : ~,f t~ ~ - is~c2' ~ ' I VED ,~_:::,L PaOPER ~ ,f, ~ o ~ ! R~ ~ 1l1TANG18L% P~. ~ ZO CHI1P'tER 71-134. IIG1S OF 1911. ~<J ~ i = PURS~1~ POIiRAS ~ ~ CIfiG11T OOUi~i~ ST. LUCLE ~ ~ ~ rogether with •11 snd singular the tenements, hereditamcnb and sppurtsnces thereuMO belonginy or in anywise appert+ininy thereto, snd all ren?s, issues, proceed~ snd profits sccruing and to acvue from said premix~, all of which are included i~ the above and fwe9oirg description and habendum. TO HAVE AND TO FiOI~ the above desvibed and gnnted premises unto the said MORTGAGEE, in successon +nd auiym forevar. Md the s~id ~ MORTGAGOR for t~ 1Z heirs, exec~tors, administrators and assgns, hereby covenants with the said MORTGAGEE, its successors ~nd augro. ~ that th~}[-a=Q- tawfully xized of the said premixs in fee simple; thst the same are free, clear ~nd dixharged from all liens and encu~m ~C ~ ti brarxes in Iaw or in equity, and thst thp~f will and 4 hp i r Froirs ~Mlf wsrrant and defend the title to the sarrw to the s~id ~p~ _ MORTGAGEE, its tucceuors and auigns, forever against the lawful claims snd dem~nds of all persorn; ~w PROVIDE~, ALWAYS that if tF~e MORTGAGOR shall p~y unto the MORTGAGEE the promiuwy note herei~befote described and sMll truly, promptly v+ : and fully perform, d~scharge, execute, tomplete, camply with and abide by each and every the stipulations, syrecmenri, conditioos and cwenants of ssid l V = promissory note and of this Mortgage, then this Mwtgsye and the Estate hereby ueated sha~l ce~se and be ~+ull and void. ~ IT IS UNDERSTOOD that the wwd "1Nortgsgo~" whether in the singula? or plural ~nywfxre in this Mwtysge, shall be sioyular if one only snd shall be plurol joiMly and severally if more than one, and that the word "their" ss used anywhere in this Mwt9a~e shall be taken to mean "his;' "hen;'~ r or "its;' wherever the context so implies or ~dmits. Also, that whereve~ there is a reference i~ tM covenants and ~greements herein contained to ~ny of~w ' rhe parties hereto, the s~me si»II be construed to mem ss wel? as the heirs, kgsl ~ep~euntatives, succeuon and suiyns (either wluMary by acf of the` V : parties w involuM~ry by operation of the law) of the ssme and that the covcnants hercin cootained sh~ll bind and the benefiri and advanbyes inur~~ - to the respective F~eir:, kgsl representatives, succeuors u+d ~ss~gns of the parties hereto. a°~ _ - And said Mwtg~gors, for themxlves and lheir heirs, legal reprexntatives, successots and assiyns, hereby jointly snd uverally covensnt snd ayree~ ro and with the said MORTGAGEE, its successors a~d auigns: :r 1, To pay all and tinyular the principal +nd interest and the various and tundry sums of money payable by virtve of said promi:sory note, snd this = mortgaye, each and every, prompdy on the days respectively the same uverally become due. e~' 2. To p~y all ~nd iing~~ar the b:es. ~ssessments, levies, liabilit7es, oblig~tions and erxumbrar?ces of every n+ture and kind +ww on said dexribed property, or that hereafter rt?~y be imposed, wffaed, plxed, levied, or assessed tlxreon, or that hereafter may b~ levied or assesfed upon this Mort~- : ~u; a9e, a ths indebtedness secured hereby, escF~ and wery, when due and paysble, sccordinp to Iaw, before they become delinquent, and befws any interest i :;'w: arraches a any penslty ~s incurred; AND INSOfAR AS ANY THEREOi IS OF RKORO THE SAME SHAII BE PROMPTLY SATISfIED ANp DISCHARGED Of _ ~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII 8E PIACED IN THE HANDS Of SAID MORTGAGEE WITMIN TEN ~AYS NEXT /1FTER PAYMENT; sod in the eve~t that any thereof is not ' ?=i paid, sat'sfied and discharged'sa:d MORTGAGEE msy st any time p+y the same w any part thereof without waiving or •ffecti~g •ny option, lien, equity or ~ •~qht under or by virtue of this mortgsge and the full amovnt of each and every such payment shsll be immediately due end payable snd shalt bear interes~ ~~om the date thereof until paid at rate of ~ine per centum per annum and togethcr with such interest shall be secured by the lien of th:s mwgtsye. ~ ~i: ~ - - - - ~ ~ti ^~a- ~ - - ~ - - ' ~ ~ ~ ?.;.e N_..., _ _ . . . 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