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Home My WebLink About2912 ~ 28~~60 ~ THIS IN~ENTURE. AMd~ tha 24th ~y of • 1AY , - A.D. i9 74 be~ween ! - oy . Sm th, an~ Lillian A. Stinith, his ~rife of $t.' Lucie County Florida, Mninaftsr de~ignated as th~ "MORTGAGOR," and FIRST FEDERAL SAVI~IGS AND IOAN ASSOC.IATION OF FORT PIERCE, • corpo~a?ion orq+ni:ed and exiiting under ~M laws of th~ Un~t~d St+t~s of Americ~ ~nd Mving in principal plac~ of bwin~ss in IM City of Fwt Piat~. S~. lucie Covnty. ilwida. heroinafter daaignated es tM "NWRTGAGEE.•• WHEREAS the MORTGAGOR is justly ir+debted ro ths MORTGAGEE in tM sum of S 3O• 5~• ~ good and lawful money of the United Sfates advanced by the MORTGAGEE u~to the MORTGAGOR, as evidencad by a certain prom~uwy nole of even date herewith, of which the followirq in ~~ords and figurei is a true copy, to-w+t: ~ 10020899 i~?~00 . 00 Fat Pierce. Flaida. ~tav 24 19 74 fw value teceived, 1, we a either of us, promise to pay, without defaltation, to the order of FIRST FEDERAI SAVINGS AND IO~N ASSQCIATION OF 30 SOO.00 ~ FORT PIERCE at Fwt Pierce, flwids, the sum of i-s----- - w~~h interest Irom date at the rate of 9•? 5i6 per annum, in monthly instalb ~~,enes as foltows- S 294~-~- - w+ the 20th ~y of July ~q_74 _ and s like sum on !he correapood~ng day of each r.nnth 1F+err airer until t}x whole be fully paid. Each installment iirst shall be appl~ed in payment of the interest and tF~en on the unpaid balance of the p?inupal sum. If defauh is made in the ~ a~ment of any installmeN wheo due, and such default cootinuea 3Q days, then at the op~~on of ~he hotde?, and wi~hout any other ootice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this r+ote in whole or in part et any time without penalry. Neither forebeuaoc~, 14 . 50_ nor accep?ance by the holder thereof after any defaull in any payments hereon. shall be deemed exte~s~on. A late payment charge of sha~~ be .3dJed to each instaliment remaining unpaid 7 days after its due date, and a I~ke su~~ shall be added to each such installment remaining u~paid 7 days after each s~tteeding psyment date. Each maker, surety and endorser hereof, jointty and severally, waives demand, presentment protest and ~otite of protest fo~ nonpayment, and further agreea to any extension of t~me of payment, e~ther b~Sore or after maturity, without natice to any of us; and to pay all costs of collection, including a re.,sonable attwney's fee in the event of any defauh hereunder, and hereby severally waives all benefit of homestead and exemption under fhe constitution dnd laws of each State of ~he United States, as ayai~st this ob~i9a~ion w any extension or renewal hereof. Witness ~he hand and.seal of each party. s/ l.loyd K. Smith ~U (SE/?U s/ Lillian A. Smith ~U (s~I?q ~__fi45.75 ) State Revenue Esrerr.ps-can~e~ied-aralejlnar ~?ate1. 30 500 . OU - NOW, 7HEREFORE, the MORiGAGOR for the purpox of secoring payment of said sum of S ~ --J and the pe?fotmante of the covenants and agreement~ hereinafter expressed, and fa divers good and valvable cons~de~ations, by these p~exnts, does grant, bargai~, sell, ~emise, releau, convey and confirm unto the MORTGAGEE, i~s successors and aasigns, a!I that certain lot, piece or psrcel of Iand, situate, lying, and being tn the County of $t L~1Cle - and State of Fbrida, desuibed fdlows: 1_ot 14, Block 13, of the Revised Plat of ~ORT PIER('E BFAC» SUBDIVISION, as per plat thereof on file in Plat Book 8, Page 29, public records of St. Lucie County, Florida, ~ ~ ~ 0 E M ~ p ~ S Tq-~- ! i~ ti p pOi pFM E A~YF S ~ RP CJ,c~ ! ~ _ _ uF , . --_~_t-~ 1 ~n N ~ p$ ~ MAT29'7~ ~ ~ ~ ' o= ~ unt ~ 5 T 5 ~ ~~_(Q m O MI PAriIElR OF T100~ ~ • ' DIE ON dASS'C INTANG18LE PERSONAL PROPERIY~ PURSIJAKT TO CHAP'TER 71-134, ACTS Of lWl.~ RO~ER POITRI~S ~ CLERI( CIRqIIT OOURT~ ST. UlC1E 00, FLA tooether with all and singular the tenements, hereditaments and appurtances thereunto betongirg or in anywise appeA+inirg 1hKeto• and all renis, issues, Groceeds and prof]ts acuuirg and to accrue from said premixs, all of wFiKh are included in the above and foregoing deaaipYron and hsbendum- TO HAVE AND TO HOID the above deuribed and granted premises unto the said MORTGAGEE, iri s~cteuors +nd assgns forever. Md ths s~id thelr _~~rs, executors, administratws and asaigns, hereby covenanis with fhe ssid MORTGAGEE, its successon +od assipns. '.:ORTGAGOR fw the are rhat -Y------ lawfully seized of the said premises in fee simple; that the ssme are free, clear and diuMrged from all liera ei+a+eo- brances in law w in equ~ty, and that they _ w~ll aod their hein shsll wsrrant and defend ths title to ~F~e s+ms to ths said - MORTGAGEE, its successors and assigns, faever against the lawful daims and dema~ds of slt penons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory note he?eir?before desctibed aod shsll trtilY. P~M~Y ard fully periorm, d~uharge, execute, complete, comp~y with and abide by euh and every the stipulstions, agreemenb, conditian and covmants of said cromiSSO/y note and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease ~wd be null aod vad• IT IS UNDERSTOOD th~t the wwd "Mwtgsgor" whether in the singular w plural snywhtre in this Mwtga9e, shall be si~gular if one only and shafl be plural jointly and severally if more than one, and that the word "their" ss used snywhere in this Mortga~t ihall be taken to mesn "his;' "hen," cr "its;' wherever the conte:t so implid a admits. Also, that wherever ihere is a referencs in the covenants and agreemenb haein conts'u~ed to any of rhe psrties heroto, the ssme shall be construed to mean ai well at the heirs, legal npresenqtives, successws and assigro (eithe? vo~untsry by ~ct of the ~ oart~es or involuntsry by opention of the law) of the same and that the covenanb herein contained shall bind sed ihe benefits and advanlspq inure ~ vo the reipective heirs, legal represeMatives, successors a~d au'gns of the psrties hereto. ~ qnd said Mwtgagors, fw thcroselves and their hein, legal reprexntatives, successon and suigns, hereby jointly and sever+lly covenant ~nd a9ree rn ro and with the said MORTGAGEE, its svccessws snd assigns: 1. To pay all and singular the principat and interest and the various and sundry sums of money payable by virtue of said promissory note, a~d this_ mwtgaye, esch snd every, p?ompliy on the dsys rcspectively the same severally become due. 2. To psy sll and singular the tsxes, a~sessments, levies, liabili~ies, obligsfans and encumbrances of every nstwe and kind now on said desaib~d O p~operry, ot that hereafter msy be impoted, suffered, plsted, levied, o~ assessed thereon, a tl?~t heresfter may bs levied or ~sssssed upa~ this Allort¢ age, u t}?e indebtedneu secured hereby, exh and every, when dve +nd payable, xcwdirg to law, before they become delinquent, and before ~ny int~test attathes o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTLY SATISFIE~ ANO DISCHARGED OF RECORD AN~ THE ORIGINAL OFfIC1Al OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX REGEIPT OR TNE SA115fACTION PAPER OffIC1AlLY ENDORSE~ OR CERTIf1ED) SHAII BE PLACED IN THE HANpS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the event that any fhereof a no1 paid, saYSfied and discharged sa:d N10RTGAGEE msy at any t~me pay the fame w any paA thereof without waiving or affetting any optan, lien, equity w • qht under or by virtue of this mortgage and the ~ull amount of each and every s~ch psyment shall be immediately due and payable and shall bear interest ~-c-~ ~h~ da~e ~^e-eot ~.:~r ' ca d a+ ra~e of nine per centum per annum and together with such interest shall be secv~ed by the lien of th s morgrage. ~ ~ Y . ~ r~= ~ ~ . 3,.. 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