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Home My WebLink About1355 ~ ~ ~s~ss2 ~ THIS INDENTURE, Made the 24th day o{ May A.U. 19. beN+ea+~ Herbert L. ~ickersan and Nav t L. Fenn and Vernon H. Rloyd, indlvldua y and as rustees ' a' ~ - of $t . Luc ie ~~~~y flor~da, hereinsf~er designatrd as the "MORTGAGOR." +~d fIRST FEOEoAI SAVINGS AND IOAN ~ ASSOC.IATION OF FORT PIERCE, • corpora~ion wy~nized and exis~ing unda the laws of th~ United Sa~~s of Am~ric~ +~d Mving in Princ'Pa~ P~Ke of busineis in the City of Fwt Pierce, St. lucie County. florida, hereinai~e? designatad as rhs "MO~TGOASaEE.'oO 2~ 00. and Iawiul n o~ey of the United WHEREAS fhs MORTGAGOR is justly indebted lo the MORTGAGEE in the s~m of S 9°Od S+ates advanced by the MORTGAGEE unto ~Fx• MORiGAGOR, as evidencrd by a cer~a~n prom~uory note oi even date herewith, of wh~ch the followiny in ..o~ds and f~gures is a vue copy, towit: ~10020898 x_ 24,,000.00 May 24 19 ~4 Fort Pierte, Flwida, for value reteived, 1, we w either of us, prom~se to paY. without de;alcation, to ihe order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fo~t Pierce, Florida, the wm of 5-24-Z~~• w,~h ~nterest from date at the rate of9' S 96 pe~ annum, in moNhly inslal{- ~ e,rs as foltows: S 251.Q0 ~ the 2~th day of `July . 19__74 and e iike sum w? the cwresponding dsy of each month therr a!ter unt~l tht whole be fully paid. Each installment lir~t sh>II be app~~ed in payment of the interest and then on 1ht unpaid balance of the p?7ndpa~ sum. If default is made in the F eyme~t of any installment when due, and such defaull continues 30 days, then at the opt~n oi the hotde?, and without any other notece, all the remainiog :~~srallments shall be due and payabte at once. Pr:vile~e is g~ven lo prepay this note m whole w in part at any time without penalty. Neit12 f~S rante, r,or accep~ance by the holder thereof af~e~ any default in any payments her%an, sha~~ be deemed exteosbn. A late payment cMrge of S ~i~~ ~ ~~drd to each installment remaining unpaid 7 days efter its due daie, and s Lke s~~m shall Ge added to each such instaflment remaining unpaid 7 days after -~ch succeeding payment date. Each maker, surey and endo~ser hereof, jointly and severally, vvaives demand, presentment prottst and rwtite of protest fw nonpayment. a~d further ? a_~rees to any exteniwn oi time of payment, either beiore o~ aher maturity, wishout notice to any of us; and to pay all costs of tollection, includirg a ,;onnble attorncy's fee in the event of any defau!t here~nde?, and hereby severally waives all be~eEit of homes?ead and exemption under the to~atitution a~,d laws of each Stare of the United States, as against this obGgatioo w any extension w renewal hereof_ Witness the hand and s-a1 of each party. ~g f Herbert L. Dickerson, li1-~U dividually and as Trustee ~U /s/Vernon H. Floyd, indlvidually and /s/ Navert L. Fenn individu-~ a y an as rus ee ~ ; f ~ $36 . tate evenue ~°x~ 24 000 00 ~ N0~11, THEREFORE, the MORTGAGOR for thc purpou of securing payme~~ of said sum of s ~ • and the perfwmarxe of 1M covenanri and agreements hereinafter expressed, and for divers good and vsluab!e cor~fiderations, by these presents, does grant, bargain, sell, rtmiu, : j ~~lease, convey and confirm unto the MORTGAGEE, its successors and assigns, alt Ihat ce~tain lot, piece ot partel of Isnd, sitvate, lying, and being in the County of St . ~LiCie and State of Ftorida, desuibed as follows: Lot 26, Block 2, WILLIE J~SON SUBDIVISION, as per plat thereof on file in Plat Book 8, page 46 of the public zecords af St. Lucie County, Florida i STATE ~F ~LOF2lQA ~ ° OOCUMENTAR`! STA~ A } ! iS, -------------s~ . L- . DEPT. rJF REYfP1UE._` ~ ~ ~ ~ ' - 36.OOt~ ~ i _ = JUMIi'74~', : ~ cv P.B. `~ti,~..~`. ~ . ~ ~ I I l02 ~ 0 . D~ Ni.PAYMENT OF TAXE3 RECEIVED pl1E pN q/?SS'C INTAN61BlE PE890!tAl PE~?ERIY. / pURStlAMi TO CH~P'~ER 71-134. ACiS OF lYi~p R06ER POITRAS (~.ERI( CtRCl11T OOURT, ST. LIiC~ F~ scge~her with sll and singular the tenements, hered~taments snd app~rtances thereunto belonging or in anywise +pperf~~ning the~efo, ~~d s~) rents, iuues, :;~oceeds and profits accruing and to accrue from said premises, all of which are intluded in the +bove and foregang descriPtion ~nd h~be^dun?- TO HAVE AND TO J~tOID the above describsd and granted premises unto the said MORTGAGEE, in successors and suigns forever. And tiN said t he i r executws, administrators and assigns, F~ereby covenann with the ssid NIORTGAGEE, its successors and a~sgro, 'r,ORTGAGOR fw .;.,jt - lawfully seized of the said premises in fee simple; that the same sre free, clesr snd discharged from +11 liens • tncurt~ the are ;,.ances en law or in equity, and thatth~}/ w;ll and their heirt shall wsrrant and defend the title to the same to the ~aid h~ ',',C?RTGAGEE, its successors and assigns, forever against the lawiul claims and demands of all personst ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay onto the MORTGAGEE the pranissory note hereinbefore dewibed and sMll troly, promptly a~d fuiiy perform, d~scharge, exccute, compiete, complY with and ab~de by each and every the stipulations, sgreements, conditions snd coven+nri of said c:rom~ssory no~e snd of this Mortgage, then this Mo+~gage and the Estate hercby created shall cease and be nu~~ and void• _ IT iS UNDERSTOOD that the word "Morrgagor" whether in the s~ngular or plural anywhere in this Mortgaye, sh~ll be sinyulu if one only u+d shall be plural jointly and sererally if more than one, and that the wwd "their" as uscd snywhere in this Mortgage shsll be taken to mesn "his;' "htn," or ";ts;' wherever tFx context so impties or admits. Also, that wherever there i~ s reference in the covenants snd agreemenb herein contai~ed to any of ;t,e parties hereto, ihe ume ~hall be construed to mean as well af the hsirs, leg+~l representatives, successon and auigra (either voluntsry by act of the carties w involuntary by ope~ation of the law) of the same and that the covenants herein coNained shsll bind snd ~he benefin snd sdv~ntapes itwr~ ta the respedive heirs, legal represe~tatives, successors and asrgns of the parties heroto. ' And said Nb?tgagors, fw themselves and their heirs, legsl representatives, successws a~d augns, hereby jointly and severally cove~snt ~nd ~yree ~ ro and with tix wid N~ORTGAGEE, its wccesso+s and assigns: ~ 1. To pay all and singular thc p~~nupal and interest and the various and sundry ivms of money payable by virtue of said promissory note, snd this ~ - m,orrgage, esch and every, promptly on the days respect~vely the sart?e severally become due. 2. To pay a!I and singular the tsxa, assessments, levies, liab~iities, obligaYrons and encumb~arxes of every nature ~nd kind now on s+?d ds~aibed croperfy, w lhat hereafter may be imposed, suffered, plated, levied, or assessed thereon, w that here+fter may be levied w ssuued upon ihis Motf¢ • aae, or the indebtedness secured hereby, each snd every, when dve and payable, +ccwding to law, befwe they become de~ir?q~?enb +^d before any interest ~ ' a~reches or any penalry is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD TNE SAME SHAII BE PROMFiIY SATISf1ED AND DISCNARGED OF RECORD AND THE ORIGItQAI OFFICIAI OCCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED g OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; snd in the event that a~y ther~of is nol ; oa~d, sat"sfied and diuharged sa:d htORiGAGEE may at any time pay the same o~ any part ~hereof without waiving or +ffecti~g any opiio~. ~~en. equity or •~qht under or bv virtue of th~s mortgage and the full amount of each and every such payment shall be irtunediately dve and payabte and shall bear inte~est .ti~ ,_~,r; d a~ rate of nine per centum per annum and toge+her w~th svth iMerest shall be secu~ed by ihe lien ai th s~*:cr?tage - - - - I ~i . - ~ ~ ~ - ,l.s,. - . _ _ _ . ~ _ _