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Home My WebLink About0127 C.v!(K~SC.11Y4 ~u~caw'?va TNIS INOENTURE, M+d~ tl+~ ~ilth day of Ap~,il - A.~. 19 74~ b~tv+e+^ ton W. Bs rd and Mar os ~ C. Ba? rd, h s w~- of SL. ~.NC~6 Cpunfy Florid~, hMtin~ffN d~i t ~ iM~+"~~K~~~ FIRST fEDERNI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE, • co~poratio~ wpanized and ~xiuin~ undK ~M lawt of tM tMit~d S~I?s of Arn~~iu ~nd havG+p i1s Principal pl~u of buurnss in tIN City of FoA PiKC~. St. luci~ Couoty. FIorW~. Mr~i~sfte~ desipnatd as tM "HIORjC~,AGEE." WHEREAS tM MORTGAGOR is j~rst~y ind~btad fo tM MORTGAGEE in ths swn of = . 90~ +^d ~+`"~f~~ '^a"°Y of the Un»cd S~ates ~dvanced by tM MORTGAGEE unto tM MORTGAGOR. as evidenced by a_ certain promasory ~+W~ of ewn de~e hcrew~tF~, of wh~ch ths tollowirp in words aod~ (s ~ur is a trw copy. towit: ~ 1002Q'~89 = 90,0~.~0 ~ ' ~ P~~. F~~. Apr i 1 11 19 74 fa value raceived, 1, we w eithe~ of us, promise fo p~y. without defalca~ion, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE af faf Pierce, Fbrida, the tum of = 90 •~0. ~0 w;th interest irom date at the rate of 9• 2-7'o per annum, in monthly install- menn as follows: i927•0O on the Z~L~! ~y of ~Y 19 74 and ~ liks sum on ths correspond~nq day of each month tlxrr after until the whole be fully paid. . Each ir+stallment fint shall be applied in paYment of the interest s~d ~hen on tM ~npaid b+~+nce cf ths P~~^~~P+~ sum. If defavlt a msde in the payment of any installment when dw, a~d such defauU continues 30 days, the~ at the opYan of ths Aolder, snd without sny other notice, all the remaining installments sh~ll be duc a~d payable at once. Privilege is given to prep~y this note in whob a in psn +t +~Y ~~me `u't~'°~t pe^°~M' NQ~46 35 t,~, no? ~cceptance by the holder thereof after any default in ~nY paYments hereon, shall be deerned extension. A lats payment charge of = • shall be added to each irntallment remaininp unpaid 7 days after iri due date, and a like sum shall be added to each such installment ~amaining unp+id 7 dsys after each succeeding paYmM~ date. Eath m+ker, surety and endorser hereof, joiMly and sevenlly, waives demand, presentment protest snd notice of protest fw nonpaymcnt, and funher agrees to aoy extension of time of payment, either befo~a or afte? mawrity, without not~ce to any of us; and to pay sll msts of collectioe?, indud~ng e reasonable attwney i fee in the event of any default hereunde~, and hereby severally waives all benefit of Fqmestead snd exemption under the constitulion and Iaws of each State of the United States, as against this obliyation a any extensio~ or renewal hereof. Witness the hand and seal of sach party. s/ Milton W. Baird ~r?U tS~/?U s Mar~orie C. Ba rd ~ ~ S135.00 ) State Revenue 90, 000.00 ,nd the pe?fo?m~nce oi the NOW, THEREFORE, the MORTGAGOR fw the purpwe of secvring payment of ~7d wm of i covan~nb snd spreemenri hereir~after expressed, and fw ~vers good and valuable conside~ations, by these Presenri, does grant, bar~sin, sell, ~emise, release, eonvey snd tonfirm vntq the MORTGAGEE, iri successws a~d suigns, ell that ce?tain lot, piete or parcel of (u?d, situate, lying, and being in the ~W~~ ~ $L . I.8C1@ ~nd Stat~ of Fbrida, desuibed as followi: Lots 1 and 2, Block l~ GLIDDBN TERRACB, as per plat thezeof on file in Plat Book 7, page 47, Public Records of St. Lucie County, Rlorida, AM ALSO north 25 feet of Avenue H right of way adjoining south line of said I.,ots 1 and 2 vacated by City of Fort Pi¢rce Ordinance No. 220 on August 26, 1989. This corrective aortgage is executed and recorded in replace~ent of that certain mortgage which is of record in O. R. Book 226, pages 608 and 609, public records of St. tucie County~ Florida, to include additional land oMned by aortp agor which ~ras intended ab initio to be included as security for said nortgage.,/ ~ , ~ ~ ~ ~ , P*.nn~ ~~r• ~QE~~ ~E~ Q6~8 ~ S ~ ~w ~ p11 ~ ~p C~"~~~ Sj. ~,lx' ~ ~ ~ ~ together with stl and singulsr the te~emenb, hereditaments snd sppurtances therevnto belonging or in anywise appertaining thento, and all renri, iswes. prxeeds and profits acuuing snd to accrue from said premises, al~ of which sre included in the ~bove and forepa^p dew~W~°^ +^d h+~~~^' TO HAVE AND ~QHQID the above dewibed sr?d gnnted prem'~ses unto the said JNORTGAGEE. its suaesson snd sugro forewr. Md tM said Ae 1! _~~n, executors, adminiatrators snd auigns, herebY co+~en+nts with the said MORTGAGEE, in suocesao~s +nd ~aip^~• MORTGAGOR for rhat ~e lawfully seised of the ssid premises in fee simple: that tl+e s+m~ sre frae, cku and disciwr~ed from ~II liens and encun? brances in law or in eqvity, and tMt they will and t~i! hein shall warrant snd defend t}K titk to tbs arrN to the wid MORTGAGEE, ib wcceuors and asi~gro, forever agsinst the lawful tlaims and demsnds of ~II peaom: PROVIDED, AlWAYS that if the MORTCaAGOR shall p~y umo the AhORTGAGEE the promissory not~ hereir?before describad and shall hv~Y• P~a^?Pth and fully perfam, dixMrge, execute, complete, comply wi~h and ab'de by esch and every the stipulstions, a~reements, conditioro and coven~nts of s+id promissay rate ~nd of this Mortgage, then this Mortgaga and the Estate hereby ueated ihall uaft and b~ null and wid• IT IS UNDERSTOOD that the wwd "Mortgapor" whether in the singular or plvral ~nywhere in t!?is Mortgpe, shsll b~ sinqular if ons only and shall be plurd jointly snd severally if more 1Mn one. ~nd that the wad "their" as used ~nywhere in this Mort~+ys shall be bke~ to m~an "his.•••'~~s•• or "its," wlxrever the conte:t so impl'~es or admits. Also, thst wherever thae is a rofere~ce in tlw coven~nn and apreemenb I+erein oontained to any of the parties hereto, the s+me shall be construed to me+n ss well as tFx hein, legal representatives, svcussors and auigns (eithe~ voluntary by act of th~'psp ro the respediveu~he'~rs, k9+~ esentatives, 'iuc,cessors and ass°9ns of}thstp+rties he eto.herein oontsined shsll bind a~?d the beoefits ~nd advsnt~ya inw~~~ /uid said Mptg~gon, fw tF~emulves and their hein, leg+l representatives, suttesson a~d usipns, hereby joiMly ~nd severally coveaant and apree to and with the s~id NIORTGAGEE, its successors +nd +ssi9nsc 1. To psy all ~nd sirgular the principal and interest u+d the wrious and su~dry sums of moneY P+Y+~ bY virt~e of said promissory note, and this mort~sge, each and every, promptly on the days respeclively the same severally become due. 2. To pay ~II and sa+pvlar the taxes, sssessments, levies, li~bilities, oblig+tions and enn+mb?+nus of every ^+turs ~^d k'^d ^°w s+'d dexribed property or thst hvaafter msy be imposed, suffe~ed, placed, levied, w~ssessed thereon, a th+t hereafter m+y b~ tevied a aisested ~pa+ this Mort~' . age, a the indebtsdness seevred hereby, e~ch snd every, when due and p+y+ble, accordin~ to law, before they becan~ delinquent, and befon any 4nerest attacF~es w sr~y penalty is ~nu??~ed% AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPiIY SATISfIED AND DISCHARGED OF RECORD AND THf ORIGINAL OFFIGIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR 7HE SATISfAC710N PAPER OfFIC1ALlY ENDORSED OR CERTIFIED) SHAII BE VLACED IN TME HANDS Of SAI~ MURTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event th~t anY thereof is not paid, sat'sfied ~nd dixhsrged said MORTGAGEE may st sny time pay the same a any paA thereof wittwut wsivi~y a affectirg u~y option, lien. puity or ~iph* undN or bY virtue of this mortgage snd the full amount of each snd every such payment thsll be immedistely due and paysbk ar+d shall bear interest ~.om the date thercof until pa~d at rste of n~ne pei centum per +nnum snd toye~her w~th such interest shall be secvred by the lien of th's morgtage. - a_.-.~ s ; ° t ~ y : j _ e.~_~3 .