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Home My WebLink About2908 T ~ 2~~is8 THIS INDENTURE, N1~d~ t4i~. 22nd ~y of ~Y A.D. 19 74 ~ b~twe~ f _ _C. Ronald Smith and Lannie J ~ith, his_~if~. ~ of C1e County Florid+, he~~in+i~er de~~9^+~,as tM "MORTGAGOR;' and FIRSi iEDERAI SAVINGS ANO IOAN ASSO:.IA110N OF FORT PIERCE. • torporafion wg~ni:ed and existinp undM the laws of tM United Su~~s of Amtri~a ~t?d Mvinp ~tt p:incipal pl~a of j buiiness in tM Ciy of Fat Pierce. St. luca Co~nty. Flwida, hereiru(ter desiynatad as ths "MORTGAGEE." ; WHEREAS the MORTGAGOR is jvstly indebted to tM MORTGAGEE in the sum of : 24 • 000• goad and lawiul money of the United S~ates advanced by the MORiGAGEE unto 1he MORTGAGOR, as evidenced by a certai~ promiuwy nole of even date herewitfi. vf whith ifie followinp 1~ words and figures is a trus copy, to-wit: 10020896 ; 24,000.00 ~ Fott Pierce. Flwida, ~y 22 19 74 Fw value ~eceived, 1, we or either of vs, promise to pax without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIA?ION Of 24 f U`i0.0~ w;~n interest from dale at the rata of 9• 59'o per eonum, in monthly iostall- ~p2T PIERCE at Fort Pierce, Florida, rhe sum of S ~,~eros as {ol:ows: 5-224' ~ on the _ZOthday of `July 19-_74 and a!~ke sum on the correspooding day of each month there- atrer until the whole be fully paid. Eath installment first shall be apptird i~ payment of the interest and then o~ the unpaid balance of Ihe princ+pal sum. If default is made In the Fa~+ment of a~y in:tatlment when due, and such default continues 30 days,~then at the optlo~ of the holder, and without any other no~ice, all the remaining :~,s~atlments shalt be due and payable at once. Privitege is given lo p~e{wy this note in whole o~ in part at any time without per?alfy. Neither forekxar~nce, nor acceptante by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late payment charge of sll .20 shi11 be ad~ed 1o each instaliment remaining unpa~d 7 days aiter its due date, and a lite sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severafly, waives demancl, present~nent protest and notice of protest fo~ nonpay~neM, and futther .~3rees to any extension of tin:e of paymenl, either before or after maturity, without nonce 1o any of us; and to pay all m:ts of collection, including s r~~3sonable atrwney's fee in the event of any default hereunder, and hereby severaily waives all benefit of homestead and exemption u~der the constitutan ~~d laws of each State of the United States, as egainst this obGgaticx~ ot any extension or renewal hereof. Witness the hdnd an~ seal of each party. (SE~?U s/ C. Ronald Smith ~y (SEAU s Lannie J. Smith ~ i _$$36.00 ~ State Re~enue 24 ~ 000. 00 a„d the rformance of ths NOW, THEREFORE, the MORTGAGOR fa the purpox of securing payment of said sum of S P~ covenarts and agreements hereinafter expressed, and fo~ divers good and vatuable cons~derationa, by thete presenri, does grant, bsrgain, sell, remise, release, convey and confirm unto the MORTGACsEE, its successors and assigns, alI that certain lot, piece or parcel of land, situate, lying, and being in ths County oF St . WCi'e and State of Pbrida, described es follows: Lot 15 and all that part of Lot 14 lying within 14.86 feet of the line dividing Lots 14 and 15 in Block 48, BILTMORE PARK SUBDIVISION, according to the plat thereof recorded in Plat Book 4, page 52, public recQ ds of St. I.ucie County, Florida ~ ~ I STA7E ~F F~--C~RIDl,? ~ ~s DOCUMENZARY~~.STAMP ~t~? ~ ~i - OEPT. OF REYEJIUE ' 1 RECEIVm ~ O_ ~ PAYMENT pF TA~ ' = MAY29'7t ' J••. J 6. O 0 ~ WE ON CLASS 'C INTMIGIBLE PE t90:VA1 PR.OPER 1 w av - P.9. ~ i , ~ S t 1 A K i T O C F i~ P fER 71-134, ACTS OF 1W1. ; ~ i ~ ez R06ER POITRAS )')')C ~ ~ CtROUR OOURT~ ST. UlC1E 00, FUl i rcgether with all and aingular the tenemenri, hereditaments and appurtantes thereunfo belo~ging p in ~nywise ~ppert~i^i~g ihereto, and all rents, issues, ~ .~oceeds and profits acvuing and to accrue from said premises, all of which arc included in the above and foregoing deWiption and habendum. TO HAVE AND TO FtOta the above described and g~anted premises unto the said MORTGAGEE, iri stxceswn +nd +ugns forever. Md th~ said their :'~ORTGAGOR for he~rs, ezecutors, administratus and assigns, hereby wvenants with the said AhORTGAGEE, ib sutcessas ud as~ipm, .~at _theY a=~--- lawfully u~zed of the said psemius in fee simple; thst the wme are free, ckar ~od d'ischarged from ~II Iierq and axvrt~ ~rances in law w in equity, and that they W~~~ a~ ti~eir hein shall wurant ~nd defend fhe title to the sam~ fo fM qW .~,ORTGAGEE, its s~ccessors and assigns, fwever against the lawful daims and demands of all personf; :~i PROVIDED, ALWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the p~omissory note hereinbefwe described and shall trulY. W«^P~~Y a~d fully perform, d~scharge, execute, comp~ete, comply with and abide by each and every the stipuleiwr?s, agreert~enfs, conditions and coven+n» of said ;,rom~uory note and of this Mortgage, thcn this Mortgage and the Estate hercby ueated st~all cease ud be null snd wid• IT IS UNDERSTOOD that the wwd "Nlorrgagoi' wFxther in the singular a plural ~nywhe~e in this Mortg~ye, shsll be sinyular if on~ only and stiall be plural jointly and uverally if more than one, and that the word "their" ss used ~nywhere in this Mwt~sge shall be tsken to mesn "his," "hen," '~c or "its;' wherever the context so implies or admits. Alw, that wherever there is a refererxe in the toven~nts and sgreements herein cont+ined to ~ny of ; rhe parties hereto, the ssme shall be construed to mesn as well as the heirs, legsl representatives, succeswrs snd auigns (either voluntary by atf of tM f~- oarties w involuNary by operst'an of the law) of tF~e ssme and that the covenants herein cont~ined shall bind and the benefits and advant~p inw~ fo the respective heirs, Jegal reprexntalives, successors and au'gos of the parties hereto. And said Mortgsgors, for themselves and their heirs, legal representatives, successors and auigns, hereby joiMly and severally coven~nt a~d ~yne ~ ro and with the ssid MORTGAGEE, its successors and assigns: b 1. To pay all and singular the prirxipal and iMerest and the various and sundry wms of mo~ey payable by virtue of said promissory note, and thi~ n ~^orrgage, each and every, promPtly on the days respectrvely the same severelly become due. 2. To psy all ~nd singular the tsxe~, assessments, levies, liabifities, obligst~ons and encumbrances of every nature a~d ki~d now on said desulbed property, p that he~eafter msy be impoted, suffered, placed, levied, ot auessed thereon, a that hereafte~ may be kvied w usessed vpon thb Motq- age, w the i~debtedness secured hereby, each and evay, when due and ps~+ble, accordiny to law, befwe they becomt delinquent, and befw~ ~ny interat afrzches a any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIED ANO ~ISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOORSED OR CERTIf1ED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NfXT AFTER PAYMENT; and in the event that any thereof is not pa~d, satsfied and discharged sa:d MORTGAGEE may at any time pay the same o? any parf thereof without waivirg w sffetling sny opt~on. Ikn, eqvity o? •~qhr under or by v~rtue of th~s mortgage and the full amount of each ~nd every such payment shall be immedistely due and payable and shall bear interest ~.e-*~ 'he da~e ~^e~ecf ca d a• ~a~e of n~ne per centum per annum and together wlth soch interest shsll be secured by the !ien of th s morgrage ~ _ _ r"~ .,r.~ e'- , y- ~ ~.~5 .cw.~ = - - _ - - - - - _ _ _ . _ - ~ , 3 , ~ ~~.~i-: , ~ : ` ~ .r . i _ _ - ~:P~ _