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Home My WebLink About0170 . " ~ ;~8;3333 . 14 t h day of Ma y A.D. 19 ~ 4 be?W.en THIS INDENTURE, Mads the - Ray Stephen Cross and Mich e Celia Cross, ~his wife of St . WCle Counry Florid~, hereinaiter desi9nated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • co~puat+on wganized and existin9 under the laxs of the Unlted.5~~tas of f?+++erica and havinp itt princlpa~ P~+~e of busmeu i~ tM Ciry of Fwt P~erce, St. Lucie County, Flaids, hereinafter designatod as ~he "MORTGAGEE:' i j J s 200• ~0 _J good and Iawful money ot the Unlted WNEREAS ~hs MORTGAGOR is justly indebted to the MOR(GAGEE in t1~e s~m of S-- S+ates adv~nced by the MORTGAGEE unto the MORTCaAGOR, as evidenced by a certa+n prom~ssory note of even date herewith, oi which the followin~ in ,.u•ds and figuros is a true copY. to-w~tc No 1~020880 S 17 , 200.00 May 14 19 74 Fort Pierce, Ftwida, Fo~ val~e received, 1, we or either of us, prom:se to pay, without de~alcation. to the order of FIRST FEDERAI SAVINGS AND LOAN AS50(:IATION OF s ~ORT PIERCE at Fort Pierce, Fbrida, the s~m 20th17~2~~•DUn@ ~'+~~i' ~~~~~`rst tro:n date at the :a1e ot9y75 °,e pet an~um, io monthly int~alb . -~~,n aa foltows: S__164.00 _ on the day of ~y-74 and a like sum on the correspond[ng day of each month thele- .~•~~•r until ~ne whole be iully pa~d. ; Each installment first shall be app:~ed in payment of the intere~t and then en the ur.pa~d ba~ance of the p~~nupal sum. Ii defauh is made 1n 1he , ~,,,~nrnt of iny ins~ailment when due, and auch deFs~lt coNinuea 30 days, then at the oprion of the ho~de~, and without any other ootice, all the rortw~nin9 ,~sra~lments ahall be dus and payabk at once. Pnvilege is g+ven Io prepay lhis note in whole w~n pe~~ at sny t~me wilhout penahy. Ne~ther forebearance, ~or a:ceptance by the ha~der thereof afte~ any defauh in a~y pay~~er.y hereon, shjll be deemed extension. A late payment chacge of S~+-~Q ~ ±_d to each instaliment ~emain~ng unpa~d 7 deya eSter its d~e date, and a I~ke aum sha!t be added to each such instaNment remaim~g unpaid 7 days aiter jch suc<eeding payinero date. Eath maker, wrety and endorse~ hereof, joinNy and severally, wa~vts demand, p~esentment protest aod notice of protest iw nonpayment, and {urthe~ ,.;rezs to an~ extens~o~ c+f time of paymcnt, eitber b_fore or after maruriry, witFout ~u'~ce to any of us; and to pay all costs of collection, including a 'a~~a s' of each State 0E+1~1L` Un t0(~1S aftCSn 3 Sd~3:15f thrs obl gaai~ o?ra~Y extens~on o~Yrenelwalehereoff homestead and exemption under the conslitution W~tr.ess 1he hand and seal of each party. (SEAU , S/ Ste hen Cross ~ ~nU (SEAI) s/ Micheae Celia Cross ~ 2~ f 8O State Revenue ,i~r~ilE~~b7~~~1y~1 a ment of said sum of S 17a~J -+"d the P~~fwma~ce of the P!O`N, THFREFORE, the MORTGAGOR for the Ewrpose of securing p Y ~h~ presents, does gront, bargain, sell, remise, ,-,venants and agreements hereinat~er expressed, and for d~vers good a~d vatuab'e cona+derations, by _.ease, convey and confum unto the MORTGAGEE, its successon anc~ssigns, al: Ihat certain bt, piece or parcel of land, situate, lying. +nd bein9 u~ ~he County of St . Lt1C1@ _ ~ aad State of Florida, dcacr~bed ~s follows: Lot S, Block 7, FORT PIERCE HIGHLANDS, UIVIT NO. l, as per plat thereof on file in . _ Ylat Book 10, page 29, of the public records of St. Lucie County, Florida. f ................T.... ' . . . • ` ` ~STA~E ~F F S~~Q~ n>.; , R f"`~ ~ o N Op` CUMENSA~ Q ~ ~ ~ c, Z ~.t DE F REVENU Z 5• V O ~ ~ z ~ = MA'( 3 t ~ = ~ '1~~'•-r.,••`. -~c=. ~ P.B. ~ rn = tllC2 ~ o ~ ~ D ~~~~~1~~ ~ ~EqS1yNtT T0 CtYPTER 7 ~j l~ ~oc~ po~w?s ~~~~r oou~r. n. wc~ oo, Fu. , ~ogethe? w~th all ar.d singufar the tenements, hereditaments and appurta~ces thereunro belonging or in a^Yw~x aPP~'~~~^'^9 thereto, ~nd d~ rents, issues, ~ ::•oceads and profits accrving and to accrue fram said premises, all of which are included in 1he abovs and fotegang destriPl~on a^d hsbe^dvi^• TO HAVE AND TO HOID the above described and granted premises unto tfx said MORTGAGEE, its successors and sssgns forever. And ths s~kl ~ thE: 1Z____ he~rs, exec~tors, administra~c+rs and assigns, hereby tovenants with the said MORTGAGEE, its sutteSSOrs ~~d assq~s• ORTG~ y Faare - lawfully seized of the said premises ~n fee simple; that the same are free, dear snd diuharged from all {iMS ~nd et~cvrr~ ~ t he W;n and t he i r hein shall warraM and defend the title .1o the same to the ssid . crances in law or in equity, and that_-~ .'.ORiGAGEE, its svuessors and ass~gns, fo~ever against the lawfu~ daims and demaods of all penons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and sh+~~ tn+~Y• P~«^Pt~Y ~ reementa; ~t s• coven+MS of ssid ~ ,rd {u11y perform, d~xharge, execute, complete, comPly with and abide by each and every the stipulations, ag io^d~ ~Q^ pd ~ ;;rom~ssory rwte ar~d o~ this Mortgage, then this l~Rortgage and the Estate hereby created shall tease and be null ahd yqid. IT IS UNDERSTOOD that the word "Mortgagor" whethe~ in 1he s~~gular ot p~ural anywfiere in this Mortgaye, _shall be singular if o~e o~~Y s~d snali be p~ural jo~ntly and uverolly if morc than one, and that the word "the~r° as used anywhere in this Mortgsge ihall be taken to mesn ~'hisf' "hen.~~ "its;' whereve? the context w implies or admi~s. Also, that whe~ever there is a reierence in the covenants snd agreements herei^ conta'ned~ +~fY'~ !ne parties hereto, the ume shall be co~st+ved to mean as well as the heirs, kgal reproseMativa, tuccessots and assigns (eilhet voluRtary bY oart~es or invotuntary by operation of the law) of the same and that Ihe covenants herein contsined shall bind a~d the benefiri snd adv+nta~d inurs ~o the respective heirs, legal representatives, successo~s and ass'gns of the parties hereto. And iaid Mo?tgagors, for themselves and their heirs, legal representatives, successas and suigns, hereby jointly and severally covenant snd agree fo and with the said MORTGAGEE, its successors and ass"~gns: • ~ ' 1. To paY sll and singular the principal and interest and the various and aundry sums of money payable by virtve of ssid promissory note, and this ~ To•tgsge, esch and every, p~~P~~Y ~~he days respectively the same severally become due. 2. To pay all and ~ing~lar the taxes, sssessments, levies, liabilities, obligstions a~d encumb~ances of every nature and kind now a? s+id described a property, or that herealter may be imposed, suffered, placed, levied, or axessed thereon, w that hereafter may be levied w ssseised upon 1F~is Mat~p- ~it age, or the indebtedness secured hereby, each and every, when due :nd payable, sccwding to Isw, before they become dalinquent, and befor~ ~nY ~~ferost ~ r~raches or any penalty is incurred; ANO INSOfAR AS ANY THEREOf IS OF RECORD THE SAME SHAIt BE PROMPTLY SATISFIEO AN~ DISCHARGED Of RECORD AND THE ORIGIhAI OFFtC1Al DOCUMENT (SUGH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSE~ ~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE W~THIN TEf~i DAYS NEXT AFTER PAYMENT; and in the eveM thsl s~y thereof is no1 pa~d, sat sfied and discharged sa:d MORTGAGEE may at any t~me psy the same w any part thereof without waiving or affecting a~y option, lien, equalY o~ `~-3 •~qhf vnder or by virtue of this m.ortgage and the fvll amovnt of each and every such payment shall be immediately due and payable and shall bear in!erest ~1,..• f•,.•~~.i ,ate of nine per centum per annum and together w~th suth iMerest shall be secured by the lie~ of th s ~~crg~age ~ ~s~ - ~ T ~4 ~ Ys_5~.~ .z`~ r_ _ z ~ `