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Home My WebLink About2083 . ~ . . 28261'7 THIS INOENIURE. Macl~ thn 15th d+y of ~8y _ - A.D. 19~ bNwNn am s R s a s , of Dac~e CouNy Fiwid~. Mreinaita•detg~++~ed ~s 1he "MORTGAGOR;' ~~+d FIRSI fEDERAI SAYINGS ANO IOAN ASSO~,IATION OF FORT PIERCE. • cc?paateon w9~~i:ed ~~d exa?inp unde~ the laws of tl» Ueited Suqs of Amsric~ ~nd Mvin~ in principal place of business in tM City of fwt Pisru. St. luci~ County, Florida. F?ereinaha desgnated as tM "MORTGA6EE:' ~ WHEREAS 1M MORTGAGOR is jvslly indtbted ro the MORTGAGEE i~ the sum of i 28 8~ Qpod ~^d ~+wful money of tM Un~ted Srafes advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a cerra~n prom~uory note ol even da~e ho~ewid~, of which the followi~y M •NO~ds and fiyures is • trve copY, to-wit: ~ 1_0020$~Q ~ 28 a00.00 Fwt Pierce, florids, a y 1~ ~ 9 74 For value rece+ved, 1, wa or e+ther of us, prom~se to pay, without defalcation, ta the order of FIRST FEOERAI SAVINGS ANO IOAN ASSOCIATION OF FURT PIERCE at Fat Pierce, Fbrids, Ihe sum of :28 L8~' with interest irom date at the rate of 9• 5% pa annum, in monlhly inttalM ~„en~s as fo~lows: S 269j~ o~ +h~ 2Othday of June 19_74 and a like•s~m on the corres{wndi~g day of each month there- atter until the whole be fully paid. Each installment firs~ shalt be applied in payment of the intereet aod the~ on the unpaid bslance of, the principal wm. If defsult is made in ths ~aymeM of any installment wher? due, and such default tontinues 30 days, Ihen at the optiw~ of the holder, and withoul any othet ratice, all the remai~ing ~~~s~allmenb shall L?e due and payable at o~ce. Privilege is given to p~epay lhis note in whote a in part at any time without penalty. Neithsr forsbearance, no~ acceptance by the ho~der thereof after any default i~ any payments hereon, ahall be deemed extension. A late paymem cAargs of t~~-, sh~~l be ~d~ed to each installment rtmaining unpa~d 7 days after its dve date, and a like svm shall be added to each suth i~stallment remaini~g ~~paid 7 days after zach succeed~ng p+y~*unt date. Each maker, surety and endwaer hereof, jointly and severally, waives demand, presentment protest and nolice of proteit for nonpayme~t, and further agrees to any extension of time of payment, either before or af~er maturity, without no~~ce to any of us; and to pay all costs of collection, irxludinp + ~easonable attwney's fee in the event of any defaulr hereunde~, and hereby severally waives all be~efit of homesttad ar~d eaemption under the tonstitutan ~:,d laws of each Srate of fhe United Statrs, as against this oblgatian or any extens~on or renewal hereot. Niitness ihe hand and xw1 0( eath party. ~W . oss, s ng e a u ~u (SEAU (SEAU ~ fi43.'ZO ) State Revenue ~ 28.8~~.00 end ti+e rfwmarxe of the NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of said sum of S ~ covenants and agreemenb hereinairer expressed, and fw divers good and vsluable cons+derations, by these presents, does grant, bargain, sell, remise, rrlease, convey and co~firm unto the MORTGAGEE, its succeuo~s and assigns, all that certain lot, p'~ete ot pucel of land, sitvate, lyirg, and beinp (n ths County of St . i-UC le and State of Florida, dewibed ~s follows: 1.,ot 5, Block 175, I.AKF_WOOD PARK i1NIT 12A, as per plat thoranf ~n file in plat Rook 11. oaqe 35 of the public records of St. Lucie County, Florida. ~j . . _ . i ~ ~ ~ STATE ~F F L O R I D A~ ~~~z-~_°_ ~n~ar o~ ~s ox ~ DOCUMENTARY STAM P T A~i ~ ~ o~ cuss ~c' drr~NS~e~E pEesoN~ ppePB~~ DEP7.OF REVEMUE . ~i , , P1IRSUANT TO (.~YP'fER 71-13~. IICTS 1~~ ~r `D ~ Z Q ! N06ER POITtEIIS ~ ~ - P.B. ~ lIR12!'T~ ~ . + _ CL&iK CtRqIR OOURf. 3?~ L.t1C~ C0, N~ o = tlto2 _y«.s' ' ~ . togethcr with all snd singular the tenemenn, herediraments and sppurtances thereunto belonging q in anywise apperta~ning thereto, ~nd all tents, tu~es, proceeds snd profin stcruing and to accrue from said premixs, all of which are included in the above ~nd fwegang deWiption ~nd habendvm. TO HAVE AND TO HOLD the above described and granted premises unto the said FhORTGAGEE, its sutteswrs u+d ~uigns forever. And ths said ~.50RTGAGOR for -hl-~------- ~~rs, executors, administratws and auigns, hereby covenants with the said N10RTGAGEE, its successon ~nd astipro. rnat -hg lawfully x~:ed of the sa7d premiies i~ fee simple; tMt the same +re free, clesr and dixh~rged from +II 1'~ero and ancum- orances in law or in equity, and that he will and h15 hein shall wurant and defend the title to the same to the saW .ti10RTGAGEE, its successws and assigns, fwever against the lawful claims and dema~ds of sll perwns; ~ PROVIDED, ALWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the promissory note hereinbefore dextibed and shall truly, promptlr and fully perform, d~xharge, execute, comp~ete, comply with and ab'~de by each and every the stipulaiw~?s, sgreemeMS, conditiom anc~ covenanri of uid arom~ssory ~ote and of this Mortgage, then this Mortgsge and the Estate hereby ueated ihall cease and be null and void• IT IS UNDERSTOOD that the word "Mortgsgc.~" whether in the singular ot plu~al anywhere in this Mortgaye, shsll be sirg~lu if ons only and ~ shall be plural jointly and aeve~ally if more than one, and that the wwd "tAe~r" as u:ed anywhe~e in this Mortyaye shall be tsken to me~n "his:• •'hen•• or "its," wherever the context so implies a admits. Also, that wherever there is s referente in the covenanri and agreemMfs herein aootaiMd to ~~ryr of ihe pa~ties hercto, the same shall be construed to me+n as well ss the heirs, kgal ~tpresentativd, suctessws and +uigns (eithe~ voluMary by atf of fh~ : parties w involuntary by opersta~ of the law) of tF~e same and that the covenants herein co~tained sMll bind and the benefiri ~nd advanfapes inute ~ ro the respective hein, kgal represcntatives, successors and au'gns of the partiet hereto. ~ qrK! said Mortgsgors, for themselves and tFxir hein, legal repreuntatives, successon u~d suigns, hereby jointly +nd severally cove~aM ~nd apr~e ~ ~ ro end with the ssid MORTGAGEE, its succeasors and auigns: ~ 1. To psy +II and sinpular the p~incipal and iMerest and the v~rious and sundry sums of moneY p+Yable by virtue cf said promissory ~ote. ~~d fhis : mortgsge, esch +nd evM/. P?omptly on tFx days respectively the s~me severally become due. i 2. To pay all and singvlar tF+e taxes, assessments, kries, li+bili~ies, obligstwns and encumb~nces of every natwe snd kind now on ~aid describsd ~ property, or that haeafter may be imposed, suffered. Plsced. levied, a auessed tF~ereon, w that here~fter may be levied a assessed upon tFds Mort~- age, or the indebtedness secured hereby, esch and every, when due snd p+yable, sccwding ro l+w, before they become delinquent, ~nd befor~ any intareit arrzcFxs or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAN1E SHAII BE PRONIPTLY SATISfIEO ANd DISCHARGED OF RECORO AND THE ORIGfhAI OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1AlLY ENDORSED ± OR CERTIFIED) SMALL BE PLACED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NFXT AFTER PAYMENT; and in the event ihsf any thereof is not i oaid, sat"sfied and discharged sa:d MORTGAGEE may at any time pay the same or any patt thereof without waivinp or sifectiny any option, lien, equity p ~ .~~i,r under or by v~rtue of th~s mortgige and the full amount of each and every such paymeM shall be immediately due and payable snd ihall bear interest ~ ~h~ .±a!P ;ho,~~.f ~.;n~ ' ~j d a~ ~are of nine per centum per annum and together with such interest shall be secured by ihe lien of th s morgsage. - - - ~-,.n,Y'~;~sra~7 ~ ~ ~ _ - ~ _ - ~