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Home My WebLink About1575 ~ ~ ~ ~ ~ ' 2.~R~~B THIS IN~ENTURE, Msds Ihe 13th - d,y o{ M8y A.D. 19~ be?w~en Henry Clay S eas and Ca S 8?S h' i wif e of C1@ C~~ F~a~d~~ hereinaftsr designa~ed as th~ "MORTGAGOR," a~d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE. • to?paat~on wgani:ed and exi~tirg unds~ 1he laws of ths United Stat~s of--America and havi+p in princ~p+l plac~ of bus~ness in the City of iwt Pieres. St. tucis County, Flwid+, herei~a(ter deeip~ated sa tM "MORTGAGEE." 13~$OO.OO nd lawfut money of the Un~~ed WHEREAS the MORTGAGOR is ju~tly irtdebted to the MORTGAGEE i~ the suh~~of = y°O~ " S+ates advanced by the MORiGAGEE unto the M~R7GAGOR, as ev~dencrd by a cenain promissory r?ots of even date he~ewi~h, oi wh~c~ the followiny in .+e:ds and figures is a true copy. ~o-wi1: ~~Q2 8 2 j 13,800.00 . May 13, Fwt Pierce. Flwida. 19 r fw value received, 1, we w either oi us, prom~se to pay, without defsltatia?, to•~he order of FIRSi FEOERAL JAVIN~i~rvD ~ivi+iv fWJV~~N+~V'4 13s8O~•~~ _ w,;th interest from date at the rate of 9~2 pe~ an~vm, in monthly install- ~,~RT PIER~E at Fort Pierce, Fbrida, the sum of 5------------ ~•as as fo:tows: j_143. ~ on the 20th day ot _'~rie 19_ 74 and a tike sum on the correspw?ding day of each month there- erter unhl the whole be iul~y paid. Each installment first shall be applied in paY~nent of the i~terest and then on ti~e unpa~d baiance of the prinupsl sum. If default is made in the ~.>>~~~ent of any instatlment when due, and such default continues 30 days, then at the option of the holder, a~xl without any other notice, all the remaining :~s~al;me~ta shaU be due and payabie at oncr. Privilege is g~ven to prepay this note in whole or in paA at any time without pena~ty. Neither fotebearafce, n~r accepta~ce by the holder thereof after any default in any payments hereon, shall br deemed extension. A late payment thsrge of S7Ll~ sh~ll be ~:i ~d to each installment remaining unpa~d 7 days aiter its due date, and a like s~.m shall be added to each such ins~allmeM remaining unpaid 7 days aftet ci, wcceeding payment date. Each maker, surety and endorse: hereof, jointly and severally, vva~ves clemand. presentment protest and notice ot protest for nonpayment, and further ~;,rra to sny extens~on of t:me of pay~seM, either before or after ma~~r~ty, wifnour not:ce to any of us; and to pay all costs of tollection, intludirg a a.,sonable attomcy's fee in the even! ot any default hereunder, an~ hereby s>verally waives all benef~t of homestead and exemption under the constitut'an ,~d ~a~s of each Sta:e o! ~he Un:ted States, as a9ainst ihis obligation or any extension o~ renewal hereof. ~ti~tness ~he hand and seal of each party. (5~?U s f H~nry Clay Speas csewu cs~?u s/ Carol L. Speas ~ ~ ~2O • 7~ ) State Revenue 13 ~ t3~~ . 00 and the perfwmance of the NOtiV, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S cove~ants a~d agreements hereinafter expressed, and fw divers 9ood a~d valuable co~~~derations, by Ihese ptesents, does grant, baryain, sell, rem~se. ~;ease, convey a confi~n~ uoW the h10RTGAGEE, its successors and auig~s, all that certain Iot, piece w parce) of land, :ituate, lying, and being in 1M ~ ~t• WCle _ snd State of fbrida, desuibed as follows: County of Lot 19, Block 6, WILBUWE, as per plat thereof on file in Plat Book 6, page 24 of the public records of St . Lucie County, Flor ida STATE ~F FLO F2l D A~ DOCUMENTARY ~ STAMP TA~ ~ o= r. _'-_~'r"~ ` • ~ ~ I~ c-~ DEP7. Gf REYENUE r r, Z~ - - ~ 20.701 I _ = MAT 16't~ ~r'' ' ~ f ev P.B. ~ = SItC2 0 - 0 IK PAIIIIE~ ~ SN~•S I~ rtp~lpllAL I~II~~. ~ ~ , 1~GTS OF 1Y~,~„~~ p~.a lOi~S ~ ~ ~i ~Mf, St. UlCIE G~+ ~ +~gether w~th all and singular the tenements, hereditaments and appurtsnces thereunto belonging or in a~Yr+~ ~PP~~~~^~^9 ~~eto, and all rents, iifues, :•oceeds and p~ofits accruing and to accrue from said premises, all of which are included in the above and foregang desuiPtion and hsbMdum- 70 HAVE AND TO HOLO the above described and granted premixs unto the said NIORTGAGEE, itt suttessws and auigM forever. Md the said their_____ ezecutus, administrators and assigns, hereby covenanri with the said MORTGAGEE, iri sutcessors a~d ~ssiyro. `.tORTGA R for r'~a~ -~Qy-dre-- Iawfufly seized of the said premixs in fee simple; that the same are free, clesr and discMrged from ~II liens and anevm- W~~~ a~ their hein shall warrant snd defend the title ro the s+me to the s+id c~ances in law or in equity, and that the S'ORTGAGEE, ib successors and assigns, forever a9ainst the lawful claims a~d demands of sll persons; PROVIDED, ALwAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore~dew~,t~ ~~~nri of s+~~d z~d 4ul+y perform, d~scharge, execute, comp~ete, comply with and abide by each and every ~he stipulations, sg eeme ;~,.ssory note and of this Mortgage, then this Mortgage and the Esta?e here5y created shsll ce+se and be null and void. . IT IS UNDERSTOOD that the word "Mortgagor" whNher in the singular w plural anywhere in this Mwtgspe, shs~~ be s~^pvlu if one only and sha!f be plural jointly and severaliy i! more than one, and that tMe word "their" as used snywhere in this Mortg~ge shsll be takM fo mes~+ '~1?~s: ~"heis: ~ c~ ";is;' wherever the context w imp~ies or admits. Also, that wherever there is a reference in the covens~n and agreements herein contained to a~y of ~t:e parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successon a~d +uiyns (eithet voluntsry by act of th~ part~es or involuntary by operation of the law) of the same and that the covena~ts herein tontained shill bind and tF~e benefiri snd adv~ntages ir?ur~ .-^oo ihe respecteve heirs, legal representatives, succeuors and ass'gns of the psrties hereto. wyrs And said Mortgagors, fo~ themselves and thei? heirs, Iegal representatives, suttessws and assigns, hertby jantly and severslly tovenant ~nd ayree ~ ro and with the said MORTGAGEE, its successon and assigns: ~ 1. To pay all and singvlar the prirtcipal and interest and the variovs and sundry sums of money payable by virtue of said p?omiuory note. +nd this mortgage, each and every, promptly on the days respectively the same seve?sllY becane due• 2. To pay all and i~ngular the ta:es, auessments, levies, liabilities, obligstions ~~d encwnbr+nces of everY ~+twe ae~d kind now on s+id dett?~ed y~„ c'~ property, a~hat hereaiter may be imposed, wffered, plsced, levied, or +ssessed thereoo, a that heresfter m+y be kvied w assessed upa~ tl~is Mottp' ~ age, a the indebudness secured hereby, each and everY. whe^ dve and psYable, sccording ro law, before they become de~inquent. +^d befor~ ~^Y ir?ttr~st at+zches or any penalty is inturred; AND INSOFAR AS ANY THEREOf !S Of RKORU THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHAAGED OF RECORO AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSE~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tFx event that +nY thereof is not pa~d, set'sfied and discharged sa:d MORTGAGcE may at any t:me p+y ~he same w any part thereof without wsiving w sffeding sny option, lien, equity o~ .~qht u~,de~ or by v~rr~e of th~s mortgsge and the fult amount of each and every such payment shall be immed~ately due and payable and shalt bear interes~ ~ a d a~ .ate of nine per cent~m per annum and together w~th such inte~est shall be secured by the lien of th"s moratagt. r~~~' I~ r . 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