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Home My WebLink About2916 ~ ` 2~3.~162 ~ THIS INDENTURE, Made the 28th day of ~`~y A'~' ~9'_" b~tw~ " . a a er, a sing e u ~ of $t. ~tlCie Counfy Florida, herein~iter designated aa the "MORTGAGOR," and FIRST FEDERAI SNVINGS AND IOAN ASSO~.UTION Of fORT PIERCE, ~ cwpaation wgs~i:ed snd exiitinQ unda li+~ laws of th~ United Stat~s of Ame~ka +nd Mvtny iri p~in:lp~l plac~ of busi~eu in th~ Ciy of Fo?f Pieres. Sf. C~cie Coun~y, fiaid~, i?ereiitiaf~er desrgnaied as the "h1QRIGAGff." WHEREAS tM MORTGAGOR is justly indeb~cd to the MORTGAGEE in the~ium of i 7~ l~ 9eod and Iswful money of the United Sfates advanced by the MORTGAGEE unto the MORiGAGOR, as evide~xed by a cenain promiuory nole of eve~ dafe herewith, of which the fdlowi~y i~ ..o~ds and f' urei is • true copy, to-w~t: 10020901 s 7,1~00.00 Ma 28 ~ Fat Pierce, Florida, y 19 Fa value received, 1, we or either of us, prom~se to ay, without defalcation, to the order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF F ORT PIERCE af Fat Pierce, Florida, the sum of S_ 7 f~00• w;th interest from date ai the rate of 9• 7596 pe? anoum, in moNhly instalb ;,,enrs as follows: 5-84•~~ - a~ ~he 20th day of `July , 1974 and a like sum on the corresponding day of each month the~r aiter until the whole be fully paid. Exh i~stallment first shall be applied in payment of the interesi and then on 1he unpaid balance of the printipal sum. If defautt is msde in the paymenl of a~y installment when due, and such default continues 30 days, then at the option of the holder, and without sny other notice, atl the remaining ~~~s~allmer~ts shall be due and payabte at once. Privilege is given to prepay lhis note in whole o~ in psrt at any time without penalty. Neithet foreb~~r~nte, nor accept~nce by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of = 4' 2O shill be added to each instaltment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installmeM remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and nolice of protest fw nonpaymenl, and furthet agrees to any extension of time of payment, either before w after maturity, wi:nout notice to any of us; and to pay all costs of collection, including a reasenable atrorney's fee in the event of any default hereunde?, and hereby severally waives atl bene(it of homestead and exemption under the tonatifution and laws of each State of the United States, as agains~ this obligation or any eztension or renewal hcreof. ' Witnesa the hand and seal of each party. ~U s Ada Walker, a single a u (SEnU (s~?U $10.65 Stat~~ R~evenue 7 100.00 and the .formance of the NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ P~ covenants and agreemenh heieinaiter expressed, and for divers good and valuable co~siderations, by these presc~nts, does gr~nt, bargain, sell, remise, release, convey and confirm urtto the MORTGAGEE, its succe:sors end auigns, all that certain bt, p'~ete or parcel of land, situste, lying, and being in ths County of $t . Lueie and State of Florida, dexribed as iollows: i Lot 11 and the North half of Lot 10, Block 1, FAIRLAWN, according to the Plat thereof recorded in Plat Book 6, page S, public records, St. Lucie County, Florida. ~ i y~ STATE ~F ~~--0 R 1 D A~ DOCUMENTARY ~_•.-~•~.~STAMP 1~`•~ I DEPT. OF RfY~('lUE ~Fr I ~ o.s5 ~ " - ~ HAY29'7~ . ~ ~ ~ ~ = PB. - . ~ p p = i?~~2 IN PAYMENT OF TAXf3 OUE ON CLASS 'C' INTAN616LE PERSONAL PROPEKIY~ p~t~{T TO CNAP(ER 71-13r, I1CTS OF lstll. y~ ~ ROGER POITRAS ~ CLERK CIRqIIT OOURT. ST. U1CIE 00., ftJl regether with all and singular the teneme~ts, hereditaments and appurtances therevnto belonging w in anywise appeASining fF~erefo, and ~I) renb, iss~es, proceed3 and profits accruing and to accrue from said premises, a~l of wK~ch are included in the sbove snd fotegoin~ des~ription snd hsbendum. TO HAVE AND TO HOLO the above descrieed and granted premises unto the said MORTGAGEE, iri successors and suiyns forev~r. Md 1F» s~td '~~ORTG~ R fa her execut«s, administrators and assigns, hereby tovenanri with the taid MORTGAGEE, iri svaeswn ~nd assipr». ~nat --~e I S--- Iawfully seized of the said ptemius in fee simpte; that the same sre free, cksr a~d distharged fran sll liens and erKUto- brances in law or in equity, and that She will a~d heY hein shal{ wsrranl and defend the title to the fart~ to tM ssid ~ `.10RTGAGEE, its successors and assigns, forever against the lawful claims and demands of all penons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promistay note hereinbefae dexribed and sh+ll truly, promptly a~d fully perform, d~xMrge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and tovensnfs of ssid cromissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null end wid. IT IS UNDERSTOOD that the word "Mortgaga" wF?ether in the singular or plural anywhete in this Mortgaye, thsll be sinpular if one on1Y ~nd shall be plursl jointly and uverally if more than one, and that the wwd "their" as used ~nywhere in this Mortgage shsft be tsken to mean "I~is:• •'hen;• or "i~s;' wherever the contea~ w impties or admits. Alw, that wherever there ia a referente in the covenanb and agreeme~ts herei~ contained to any of ( rhe parties hereto, the same shall be const?ued to mean as well as the ixirs, le9al repreuntatives, suttesson snd suigns (either vdunury bp acf of th~ ~ part~es or involuntary by ope?ation of the law) of the ssme and that tF~e covenants herein contained sh~l) bind and the benefits ~nd advantsyes &wr~ ~ t ro the respective heirs, legal representatives, successors and ass'gns of the psrties hereto. r ~ And said Mortgsgo?s, fw themselves and their heirs, legal representatives, svccessors ~nd suigns, hereby jointly and severally covenant snd ~yr~e y~ ro 3nd with the said MORTGAGEE, its svccessors and assigns: ~ ~ 1. To pay all and singvlar the principal and interest and the various and sundry sums of money payable by virtue of ssid p?omissory note, and this martgage, esch and every, p~omptly on the days respectively the same seve~ally become due. : 2. To pey all and singular the ta:es, assessments, levies, liabilitief, obligations snd encumbrarxes of every n+ture snd kind raw on said desuib~d ~ ; property, w that hereafter msy be imposed, suffered, plxed, levied, a auessed the~eon, a th+t hereafter m~y be kvied or assessed upon tNs JNortQ- ~ ; age, w the indebtedneu secured hereby, each and every, when dve and payable, according to I~w, befwe tlxy become delinqvent, snd befwe u~y int~r~st ~ afreches or any penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD ?HE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED Of ~ RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AlLY ENOORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; snd in the eveM that ~ny thereof is not pa~d, sst'sfied s~d discharged sa:d MORTGAGEE may at any time pay the same w any part Ihereof without wsiving or affecting sny option, lien, equity p ; •~qht unde. or by virrue of ~h~s mortgage and the full amount of each snd every such payment shall be immediately due a~d payabte and shall bear interest ! ~ro^~ rhe da+e ~Fe-enf ~~n~~i ~a d at rate of nine per centum per annum and toge~her with such iMerest shall be secured by the lien of th s mc.g+age. ~ • _ - - ~ v ~?z`~~ ~ a# ~ ~ ~ ~ ~ s~ . , . . ~