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Home My WebLink About2876 Y ~8~ (154 THIS INOENTURE, Mad~ the 24th _ dsy of Apr i 1 A.D. 19~.-. bew+ee'n Vir.c3inia Molitor.., A S~t1~lp Ad ~lt . of St. Luc ie ~~~~y Fiw~ds, hereinaf~er dea'gnated ~s the "MURTGAGOR~," and FIRS1 iEDERAI SAVINGS AND LOAN ASSOCIAl10N OF FORT PIERCE, ~ corporatia+ ap+~~zed and existing under ths laws of tM United Su~as of America and havinq its principat place of buiineu in tM City of Fwt Pi~rce, St. lucie County, Florida, hereinaFte~ dei~ynated as IM "MORIGAG6E." WHEREAS tM MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of = 19 ~6~•~ , good and lawfu! money oi the Un~ted S!ates advanced by the MORTGAGEE unio the MORTGAGOR, ss evidenced by e certain promissory note of even date herewith, of which the followiny in words and fi utes is a Irue copy, to-wit: ~ = 19,60~.00 ' ~ r.~, 10020832 , Fwf Pieres, florida, ~.pril 24 19~.d ~ For vatue received, I, we or either of us, prom~se to pay, without de(alcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, fbrida, the sum of S 19 6Q~ OQ w~th interest from date at the rate of$ • 9 9o per annum, in mon~hly install- ~nents a~ (ollows: S 177 on ?he 20th day of `~~e . 19_7'4" and a like sum o~ the correspond~ng day of each month there- ef~er until the whole be fully paid. ~ ? Each instatlment first sha~l be applird in payment of the interest and the~ on the unpaid balartce of the princ~pal sum. If default is made in the ~ i;ayme~t of any installment when due, and such default continues 30 days, then at the option of the holde~, and without any othe~ not~ce, all the remaining ~ :~,sfalfine~~s shall be due and payable at once. Privilege is given ro prcpay this note in whole or in part at any time wit6wut penalry. Neifher forebearartce, ~ nor acceptance by the holder Ihereof after any default in any payments hereon, shall be deemed extension. A late payment charge of s 8• 8S shall be # added to each installment remaining unpaid 7 days afttr its due date, and a lifce s~m shall be added to each such installment remaining unpaid 7 days after ~ each sucteeding payment date. Each maker, surety and endcrse? hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and turther agrees to any extension of time of payment, either before or after maturity, without notice to a~y of us; and to pay all tosts of ~o(lection, includ:ng a reasonable attorney's fee in the event of any defau~t hereunder, and hereby severally waives atl benefit of homeslead and exemption under the constitution ~nd laws of each S+ate of the United States, as aga~nst this obligation w any extension or renewal hereof. Witness the hand and seal of each party. irginia _ o i or, a single ~~~t (SEAL) ~ (SEAL1 ( 29~ ~ 1 State Revenue `~~x~~~~ 19 600 00 NOW, THEREFORE, the MORTGAGOR fw the purpou of secu~~ng payment of said sum of S ~ ' and the pcrfwmance of the covenants and agreements hereinafter exprtssed, and for divera good and valuable considerations, by these presents, dces gront, barga~n, sell, remise, r~lease, tonvey and tonfirm un~o the MORTGAGEE, its iuccessors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of S t. Luc le and State of Florida, dexribed +s follows: ~ ~ The North 70 feet of the East 300 feet of the following ! described property: ~ ~ From the Northwest corner of the NE; of the SS4~ of Section 26, Towr~hip 35 South, R ange 40 East, r un South 720. S feet for point of beginning; thence continue South 157.03 feet; thence turn and run East 2900 feet more or less to the Indian River; thence run Northwesterly 170.92 feet more or less to a point on the bank of the Indian River 15~ feet North, measured . ~ at right angles from the East and 41est line aforesaid; E thence turn and run lriest 2380 feet more oz less to Point i of Beginning; 'POGETI~R with riparian rights. ~ s ~ ~ FLO R': J!-~ ~ ~ STATE ~ ~ oOCUMENTARY ~=:;,.~STti M ~ ~ n ~ ; °c=Z - UfPi.OF REVEriUE +r~ ~ RECEIY c ~ N- pe. =~~-~•i. ~ 2 9. 4 0 1 ~ ar~ ° P r - .n = ~ ~ IN o=~ t s~2 = ~~TC~ jp ~E~~ IBLE p~~p~ P~ TAX~ ~ CI ~ I ~ S ~ 1~?ERry ! ~ . . . . ~R~,P ST. CO r~ ~ f ~ ~ ~ tugether with al) and singulsr the tenements, hereditaments and appurtances thereunto belonging w in anywise appertaining thereto, and all rents, issves, _ proceeds snd profits acuuing and to acuue from said premises, all of wFi~ch are included in the above and foregoing dewiption and habendum. ~ TO HAVE AND TO HOLD the above described and granted premius unto the said MORTGAGEE, its successors and assigns fuever. And the said ~10RTGAGOR for he r he'us, executon, administrarors and assigns, hereby covenants with the ssid MORTGAGEE, its succcssws and as~ignf, { x rhat - S1'Ie 1S ~awfully seized of the said premises in fee simple; that the same are free, tlear and diuharged from all liens and encurtr ; a 1 " brances in law or in equity, and that She will and hP r _ heirs shall wsrrant end defend the title to the same to the said ~ - MORTGAGEE, its successws and assigns, forever against the lawful claims and demands of all persons; ; VROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note he~einbefwe described and shail truly, promptly ~ and fully perform, dtuharge, execute, complete, comply wirh and abide by each and every the stipulations, agreements, conditions and covenan» of said promisswy note and of this Mortgage, then this M.ortgsge and the Estate hereby created shall cesse snd be nutl and void. ~ IT IS UNDERSTOOD that tht word "Mortgsgor" wtx~her in the s~ngular w plural enywhere in this Mortgage, shall be singula~ if one only and ; shall be plur~l jointly and severally if mwe than one, and that the word "their" as used snywhere in ihis Mortgsge ihall be taken to mesn "his;' "'hen," :t~ or "its;' wherever the context so implies or admits. Alw, that wherever there is s refererxe in the covenann s:+d sgreements herein contained to sny of ov; ~ fhe psrties hereto, tlx same ihall be construed to me~n as v.etl as the heirs, legsl repceuntstives, tuccessws and assigns (either volumary by ad of the parties or involuntary by operation of ihe Iaw) of the s~me and thaf the covenants herein tontained shall bind snd the benefits and sdvantsges inure ~ ' ro the respective heirs, legal rep?esentatives, successors and sss~gns of tfie parties here+o. ~ And said Mortgsgors, fw themsetves and ~fieir heirs, legal reprosentatives, successors and assigns, hereby jointly and severally covenant aod ~gree ~ ro snd with the said MORTGAGEE, its svccessors and auigns: _ 1. To pay all and singvlsr the principal artd intereat and the various and sundry sums of money payable by virtue of said promissay note, and thii ~ mortgagt, each and every, promptly on the da~s respectively the same severally become due. ~ 5 c 2. To pay all and singular the taxes, ssussments, levies, lisbilities, obligations and encumbances of every nawre and kind now on said described ' property, w that hereafier may be imposed, iuffered, pl~ced, levied, w assessed thereo~, or thst heresfter may be levied or assessed upon fhis Morfy- age, a t h e indebtedness secured hereby, each snd eve r y, when due snd payable, accordirg to law, before they become delinquent, and before any interest ~ attaches or any penalty is inturred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATISFIED AND DISCHARGED Of ~ RECORD AND THE ORIGIhAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SA115FACTION PAPER OfFICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof ii not = paid, sat's(ied and diuharged sa:d MORTGAGEE may at any time psy the same a any part thereof withovt waiving or affecting any option, lien, eqvity or - - ~~qht under w by virtue of this mo~tgage and the ~ull amount of each and every such payment shall be immediatety due and psyable and shall bear interest ~.om the date thereof until paid at rate of n~ne per centu,n per •nnum and together w~th such interest shall be xcured by the lien of th:s morgtage. ~ - y - ~ -y ~ _ ~ ~ _ . ~.ss ~ . _ _ .