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Home My WebLink About1208 ~ / ~ . ~ ' ' i fM~~/~~ i ~j i J ' „ . n y~,, 1• 1HI5 INOENTURE, M~ the ~8t da ol r'°y A.D. 1974 betw~e~ aary F. Ellwooc~ and Janice F. Sllwood, his vife, t , of St• ~lCiA Covnty Flwida, hereinaf~K deuyn~ted ai the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND LOAN ! ASSOCIATION OF FORT PIERCF, • oorpa+tion orga~Ized and exi~~iny under ~he laws of the U~~t~d Staus of Americ~ and Mving its principal placs of bus~nes~ In tM City of Fwt Pisrce, St. lucie Cou~ty, Flwid+, herein+fter de~iynated as rM RTGAGEE:' WHEREAS the MORTGAGOR is juitly indebtad to the MORTGAGEE in the sum of i~~"~7~~~ good~and law4ul money of the United S+ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy ~ote of even date herewitTTwhich the iollowinp in ~ rords and fiyures is a uue copy, ~o~wih ~ 10~ 11 ~ 38.700.00 ! s Iday 31, rv 7 . fwt Pieres, Florida, Fa value receivcd, 1, we w either of ut, promipse to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of ~02i PIERCE al forf P~erce, Florida, the sum of S~l-~-~'~ - w~~h inte~est irom date at the rate of per annum, in monthly inslall- , ~~:rs as iollows: S_~-- a+ the 2~h d~Y aF - J~ ~9?~ a~d a like sum a+ the cwrespond~ng day of each month therr a~+rr uMil ttro whole be fully pa+d. ; Each irutatlment f~rst shall be appl~rd in paymeM of the interest and then on the unpa~d ba!ance of the princ7pal sum. If default is made in 1he ' ~.,~mr~t of any ins~aiiment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the romafning ~ .~~srallmentt shall be due and payable a? once. Privitege is g~~en to prepay this note in whole or io part at any time wilhoW penalty. Ni;.2~ebearsnce, ~ nor ecceptance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late paymem chsrge of S~ ~ ~ci:i:d to each installment remaining ~npaid 7 days after its due date, and a like sum shs11 tx added lo each such installment remaining unpaid 7 days after T e3ch iucceeding payment date. ~ Each maker, surety and endwser hereof, jo~nely and severally, waives demand. presentment protest arid notice of protest fw nonpayment, and further f a~rees 1o any extension of t~me of payment, either beFore w after maturity, witho~t not~ce to any of us; and to pay all costs of collection, includ;ng a ~ ,.~:sonable attwney's fee en tha event oF any default he~eunder, and hereby seve~ally waives all benefit of homestead and exemp~ion under the coestitution d laws of each S+ate of the United States, as against this obligation a any exvens~on w renewal hereof. Witneas the hand aod sea) of each party. Ga F. Ell~ood (SEAU (5~?U S/ Janice F. E11WOOd ~?u ~ ~ } i _~~8~~7 ) State Revenue 1 ~!5~ee.,pr-eanRNed,~+~g+~?aF,roier ~ NOW, THEREfOltE, ihe MORTGAGOR for the purpose of securing paymant of said sum of S~a~.~~•~ , ~~d the P~~famsnc~ of the ~ cc+er.ants and agreements hereinafter expressed, and fw divcn good and valusbk considerotions, by these presents, does g~ant, bargain, sell, remiu, ~t;~ase, convey and co~firm unto the MORiGAGEE, its succeasors and ass~g~s, all that certain lot, piece or partel of land, iituate, (yirsg, +nd baing in ths i County of St •~C~A and State of Florida, dexribed as foltowf: Lot 16, SAERWOOD ACRBS , DNIT UNE, as pe r plat the re of on f ile in Plat Book llt, pg6e li3, of the Public Records of St. Iucie County, Florida, ; F . { i ~ ~ oF ~ L.CJ ~-CD A; ~ ~ ' STATE ~ ` T ~ ~Z DOCUMENTARY ~;~-*~.,~5 A M P______~` _ i ~ c~ UEi'i. 0~ eZcYENUE I _ ~f i~ _ ~,J~?o•~, ~ 5 8. 0 5 1 f m N = P.B. f S ~I~C2 E o ~ ' ~ R~~ ~ 7 C IN PAYMENT Of Ti~XE~ DllE ON CLASS 'C 1NTAMGIBLE PER90~iAi PRO~ERt2, PURSUANT TO CFW'TER 71-134, ACTS OF IYJl. ROGER POITRAS CLFRI( CIRWIT OOURT, Si. LUCE 00, Fl~ rogerher wuh all aod singular the tenements, hereditaments and sppurtances thereunto belongi~g w in snywix apperfsininy thereto, +i+d +~I rents, iuves, ;-oceeds and profib accruing and to acaue from said premius, all of which are included in the sbove and foregoirp desc?iption and h+bendum- TO HAVE AND` ~TO {H,O,.LD the above described and granted premises unto the said MORTGAGEE, its successo~s +od ~ss'~gr~ forevsr. Md 1h~ s~id :',ORTGAGOR for ~~rs, executors, administralors and assigns, hereby covenanri with the said MORTGA6EE, its wccessors and assipro, +har -~~y lawfully seized of tne said premaes in fee iunple; tMt the same ue frse, cku ~nd diuMrged from all I'~ens u~d ~ncum- vances in law or in equity, and that ~ey will s~d their heirs shsll watranf and defend tM titk to ihe sa+ne fo the said ORTGAGEE, its successors and assigns, forever sgai~st the lawful claims and demands of alt persan; J~ PROVIDEO, AlWAYS that if ~he MORTGAGOR shalt pay unto the MORTGACaEE the promiuwy note hereinbefwe described ~nd sFull truly, promptly d fully perform, discharge. exewte, canPkte, compfy with and abide by eath and every the stipulatiau, ~greements, tonditions and toveosnb of aaid ~ ~-c ~~nsory note and of this Nlortgage, then this Mwtgage and the Estate hereby ucsted sFull uase and be null and void. ~ IT IS UNOERSTOOD that the wwd "Mortgagw" whether in the sirtgular w plural aoywhere in this Mortgage, sh~ll b~ sinpulu if ooe only and ~'p ~ s~~afl be plural jointly and severally if more than one, and tF~at the wo~d "their" ss used s~ywhere in this Mortgage sMlt be taken to mean "his;' "hers;' Af° ^ ~ cr "irs," wherever the context so impfies or admits. Also, thst wherever there is ~ reference in t!?e covenaMS and agreements herein contai~ed to any of , ~he psrties hereto, the same shall be construed ta mean as wetl ss the heirs, legal representstivq, successon a~+d ~uigro (either voluntary by ~cf of th~ ; Ga~++es or i~volunsary by operation of the law) of the same and that the covensnts herein co~tained shsll bind and tM benefiri u~d advantpes inw~ ~ ~ +o the respective he~rs, legal reprexmatives, succeuors and ass~gns of the parties hereto. ~ ~ And said Mwtgsgors, fw themulves and their heirs, legal represeMatives, successon and auigru, hereby jointly and severally covensnt ~nd apree ~ ~ !o and with the said A10RTGAGEE, its auccessors and assigns: ' 1. To pay +11 snd singvlar thc prirxipsl and interest and the various and sundry suma of money pay~ble by virtve of said prom~ssory note, ~nd tfib ~ morrgage, each and every, promptly on the days respectively tF~e ssme seve~a~~Y be~ane dve- f 2. To pay all a~+d singvlsr the tsxes, assessments, levies. li~bilitie~, obligsti«u +nd encumbrsnus of ewry natwe and kind now on said desc?ibed ~icp~rty, or thst here+fter msy be imposed, svffered, plstcd, levied, a ssseued thereon, p that Mereaiter msy b~ levied or asssssed upon this Mort¢ age, or the indebtedness secured hereby, e+ch and every, when due and payable. ~ccordirg to law, before they becant d~linquent, and befwt aMr 1nt~rest arreches or any penilty is i~curred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROINPTIY SATISFtED AND DISCHARGEO OF ~ Rc~ORO AND THE ORIGINAL OfFlG1Al OOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION VnPER OfFICUIIY ENDORSED ~ CR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SA~D MORTGAGEE WiTHIN jEN DAYS NEXT AFTER PAYMENT; and in the event tMt any tFxreof is not ~ c:a~d, sat'sfied +nd discharged sa:d MORTGAGEE may at any t~me pay the same ot any part thereof without waiving oi affedioy any option,Jien, equity a •~qhr under or by virtue of ihis mortgage and the full amounl of each and every iuth payment shall be immediately due ~nd psyable and shall besr i~teresl :.o-n fke date !nereof uc~tl pa d a+ rate of nine per centum per annum and together with such interest shall be sec~red by ihe lien of th's mcrqtage. - - - - - - _ _ _ _ - ~ p! ~ ~ ~ . , . _ ~ , . . . . _ ~ _ s_