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Home My WebLink About2542 ~ . 2~~9~2 ` iHIS INDENiURE, Nt+d~ th~ 22nc~ day of ~ay , A.R. ~97d_, b~tw~e~ 'rTOY W. nIBMC~y an~! Pam ~nt Y*' ~'S' N1 ~ e. - of St LL1C~~ - Counhl Fbrid+. hsreinaittr designated ss Ihs "MORTGAGOR;' and FIRST FEDERAt SAVINGS AND IOAN ASSO~:IATION OF FORT PIERCE, ~ corpa+tan or4+^'Zed a~d •x~s~in9 u++de~ ti~+ lawi of th~ Unite~, Sq~a of Ame~ica a~?d hav:nZ in principa~ P~+c~ of bu~inqt in tM City of Fort Pierce. 5t. l~cis Gounty, fiorids, hr~eioaf~e~ dasipnsted as tM "N1~RiGAGEE.•• 25~ 2~. n0 e~d lawful money oi the United WNEREAS ths MORTGAGOR is 'rystly indebled ro the MORTGAGEE in the sum of s._ 9°O'i Srates advanced by the 1hORTGAGEE unto the MORTGAGOR, as evidenced by a urtain prom~sswy no~e of even date tw~ewith, of wh~ch the followinp in ~ords and figures is a true copy, to-wit: ~ 100208A1 s25.200.A0 io~t Pierce. Florida. `Idy 2'Z ~ 19 74 Fw value received. I, wc or eithe~ of us, prom~se to pay, without defalcat~o~, to the orde~ of FIRST FEDERAL SAVIPK35 ANp IOAN ASSOCIATION OF FOR7 PIERCE at Fat Pierce, Florida, the sum of S 2 S, 2~0 . w,~h in~erest (rom date at ~he rate of A• S 9e per annum, in monlhly instalb on the ?Ath da of S~1~tembe'" _ 19?4 and a like sum on the careipond~ng day of each month therr ~•~enrs ss follows: S~5'-~- - y atter uMil the whole be fully pa~d. _ Eath installment first shall be applied in paymenf of the interesf and tl~en on the unpaid balance of the p~~~c~pa~ sum. If dafault is macle in ths E.ay~nent of any installmeN when due, and such dafauh continues 30 days, then at the option of 1he ho3der, and wilhout any other nolic+. all the remaining ~nsrallments shall be due and payable at once. Privilege is given to prepay thls note in whole w in part at any lime withw~ Pe~a~tY• NQ1il.,~s~ra^C°• nor accep~ante by the holder thereof after any defaull in any paymenta hereon, shall be dcemed extension. A late payment tha~ge of Z shi~~ be 3dded to each installment remainirg u~pa:d 7 days after its due da1e, and s like sum shall be added to each such installmeM remaining'unpsid 7 dsys after ; ...~.~n~~~.~ . ewsrfl !~T}P ce~ y Each maker, surety and ertdorser hereof, jointty and several~y, waives demand, presentment protest and no~ice of protest fw nonpayment, and further a~rees to any extension of time of paymenl, either betore or atter maturity, withaut notice to any of ~s; and to pay all costs of collection, incl~ding s reasonable attomey's fee in the eve~t of any defauN hereunder, and hereby severeily waives all benefit of homestead and exemptioo under tF?e constitWion ~•~d laws ol each State of Ihe United States, as agaimt this obligation or any extension or renewal hereof. Witness the hand and seal of eacfi party. _ s/ Troy N~:. nraw~y ~ tsE/?y s/ Pam L ~rawdy ts~?U (s~l?~) C 37 . 80 ~ State Revenue NOW, 7HEREFORE, the MORTGAGOR fw the pu?pose of securing paymem of said sum of S 2 S 2~ a^d ~he P~rfams^ce of ths covenants and agreements hereinafter expressed, and !w d~vers good and valuable conaiderations, by these prcsmts, does granL bargain, iell, remise, reteasr. convey and conf~rm unto the MORTGAGEE, its successors aod auigns, afl that certain lot, piece ot parcel of land, situate, lying, and beieg in the County cf St . Luc ie and Sta!e of Fluida, desvibed as follows: I,ot 26. Rlock 54 Inciian Aive~ Fstates , Irnit 8. accorc~in~ to ttie plat thereef~ recordec~ in Plat Rook 10, Pa~e 73 of the Puhli~ ~ecorcls o~ St. Lucie ('onnt~?. Flo~~ida k . ~ ~ ST~TE ~F FLORlDA ~ ~ DOCUi1A£NTARY~y, STAMP TA> ~ °c-~ ° UEPT.OF RfYENUf .e . ' = ~ ` !11 PA1fMENT OF 7AXB~ " _ _ ~urz3•~~ ' ~ - - ~ 3 T. 8 0 ! ~nr~ _~i a2'~ ' i DUE ON CIASS'C ItITANGIBIE PE^•. ~'•:CL P?0?ERIY~ ~ o pW~I1N1 TO GYP~ER 71-134. 11CTS OF 11U1. y,t,~.~ WCER POITRAS a~l CLfRK CIRWR OOURT. ST. UICIE 00, FtJI ~ogether with alt and singular the tenements, hereditaments and appurtances the~eunto belonging w in anywise sppertsining thereto, a~d rents, iu~es, ~roceedi and profits accruing and to accrue from said premises, all of which are intluded in the above and fa~9o?^9 ekw'P~a^ ~^d Mbe^dwn' TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its suttesson +nd ass~9^: forever. Md th~ said L hPl. r _~~~s, executws, administratws and assigro, fxreby covenanq with the said MORTGAGEE, its successws +nd auip^~. ':,ORTGAGOR fw ,:,jt --~h~a1-Q--- lawfully u~zed of the said prem~ses in fee simple; that the same are frae, ckar and discharged from ~II I'~em and e~aprf t~a~ces in law or ~n equity, and that the~? W~~~ a~ their he~n shs11 warrant and defend the title ro the s+me to tM aaid ~,~.ORTGAGEE, its successws and assigns, fwever against the lawtul claims and demands of all persons; PROVIDED, AlWAYS that if tFro MORTGAGOR shall pay unto the MORTGAGEE the promissory note he?e~^be(we desu'bed a"d sF~s~~ truly, promptly ~ a~d fully perfwm, d~xharge, execute, compkte, comp~y wilh and ab~de by esch and every the stipulations, agreements. cond~tio~s a^d oov~^+nri of said crom~uory note and of this Nbrtgage, then this Mortgage and the Estate hereby ueated shatl cesse and be rwll and vo~d• IT IS UNDERSTOOD that the wad "Mortgagor" whether in the s~ngular o? plvra) anywhere in tha Morty+~e, sF?~II be sinyulsr if one only +od ~ shall be plural jointly and xverally if more than one; snd that the word "their" ss used anywhere in this Mongage ihsll be take~ to mesn '"his:' "hen,~" ~1 or "its;' wherever the context so implies or admits. Also, thst wherever 1F~ere is a reference in the covensnts +nd +9reemenri herein confsin~d to s~ry of ` +he parties hereto, the same shall be construed to mean ss well as the heirs, legsl representatives, suaesso?s snd'sssigro (e~tF~e? vo~unisrY bY scf of ihe ~ oarties or i~voluntary by operation _ f the I~w) of the s+me and that the covenants herein cont~ined sF?all bind and the benefin snd advsntsye~ irwr~ ~,Q ~o the respedive heirs, legat repreuntatives, svccessas and su°gns of the p+~~es hereto. ~ ~ And said Mortgagors, for tFxmselves and their hein, lega~ ropresentstives, successors and auigns, hereby jointly +nd severally tovenant and aprte f~w av ro and with the said MORTGAGEE, its successas a~d assigns: 1. To pay sll snd sirgular the principal and interest and the variout and sundry wms of money p+yable by vittue of said promissory ~ote, and tF~is ~ mortgage, esch and every. (xomPtly o~ the days respectively the ssme teverally becoms due. 2. To pay ail and singular the taxes, auessments, levies, liabilities. obligstian snd encvmbrances of every Mture a~d kind now on s+id de+u~d r~n proacrty, w thst hereafter msy be imposed. suffered, ptxed, levied, or assessed thereo^. or that he~e~fter may be levied w asiessed vPon this Map' age, or the indebtedness secured hereby, esch snd every, when due s~d payable, accading to I~w, before tF+ey become delinquent, and befw~ any interesl ar~aches p any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGfD OF RECORD AND THE ORICaINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfICIAILY ENDORSED OR CfRTIF1ED) SHAtI BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that any thereof is no1 pa~d, sat:sfied and dixharged sa:d MORTGAGEE may st anY time pay the ssme or sny pan thereof without waiving or slfediny +ny optio~, lien, equity w .~qht under or by virtus of th~s mortgage a~d the full amount of each and every such payment shsll be immediately due and paysble end shall bear interest ~,om rFe da'e rhP.eo~ ~nf;i ca d a~ rate of ni~e per «ntum per annum snd together with such interest shall be secured by the lien of th"s morgtage. - - - s~. , ~ ~ 4,:~ ~ _ ~x3 ~ ~ . ~