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Home My WebLink About1437 . ~ ~ ' ~ . THIS INOENTURE, Mad~ tNa 7th day pf .l.~B A.D. 19___Z.l~., betw~an Jose h M Cic io n K n i - , , , : of St.• L1C~! ~pu~ry fip?id~, hereinaiter dst~ynated as tl» "MORTGAGOR," •nd FIRST FEDERAI SAY:NGS AND IOAN ASSOCIAiION OF FORT PIERCE, a corpora~an ory~nued u+d txi~u~p unda tM laws of th~ Unitad~5fi?~s of Ameriu and h+vi~ iri principal plac~ of b:ninqs in tM Ciy of Fwt Piatt~, St. luci~ Counly. flwids, hereinafte~ d~sipnated a~ tFw "MORTG/1GEE." WNEREAS tM N10RTGAGOR is justly indabtsd to tM MORTGAGEE in the sum of i- 2Y.1-~ OO 9ood +nc1 ~awfu~ ^w^eY of th~ United S:ates adwnced by ths MORTGAGEE unto Ihe MORTGAGOR, as evidenced by a ttrta+n ptom+ssory do~~ af even date herewith, of wh+cF. i?~e foliowiny in ~.o~ds and fipures is a trvo copy. towiC ~ 1~Z~2•Z = 21~600.00 . FwT Pierce. Ftorida, JWl@ 7 19Z,~. Fw vatue received, we w either of us, prom~se to pay, wi~hout defalcation, to the order of FIRST FEOERAt SAYINGS ANO IOAN ASSOCIATION OF =ORT PIERCE at Fort Pierce, Fbrida, the sum of S 21~6~.~ - w;th ~merest from date at the +ate of .Qa~.% per annum, in monthly install- ~:,enrs as fotiowac S 189'~ on the ~thday of `~uly , Iq 74 and ~ lik~ sum on the correspondin~ day of each month there- a~ter until the wfiole be ivlly paid. Each instaltment firat shall be applied in paYment of the intere~t and then on Ine unpa~d balance of the p~~~*c~pa~ sum. If delaulf is made in the Fa,ment of any instaiiment when due, and such defauh continuea 30 dayi, then at the option of the hotde?, and without sny other notice, all the ~emaining ~•~stallments shalt be due and payable at once. Privitega is given to prcpay this note in whole or in Q+rt at any time without penalty. Nsithet fotebearance. nor accepunce by the hoider thereof aiter a~y default in any payments hereo~, ahall be deemed exte~sion. A late payment charge of sh~ll be edded to each instaUment remain;ny unpa~d 7 days after its due date, and a like sum sha~i be added to each such instal{meM remaining unpaid 7 days after each succeedirg payrt+ent date. Exh maker, surety and endorser hereof, joinlly and severalty, w+ives demand, presenrment protest and notice of protest fo? nonpsyment, and further j3rees lo any extensia+ of time of payment, either b~:fo~e or after maturity, without notice to any of us; and to pay all costs of tollection, includ~ng a •eesonaWe attorney's fee in the event of any drfau~t hereunde~, and hereby seve~ally waives all benefit of homestead and exemption ~nder the conftitut'an ;.d laws of each.State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand and seal of each party. (S~AU ~ . s~ (~?U (Sewt) • _ _ 3~ . ~ ) State Revcnue NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said :um of S 2~s6~.~~ and the pe?formance of tl~s covenants snd sgreemtnts hereinafter exprc:sed, and for divers gOOd sr+d valusbk considerotiona, by these {xese~ls, does grant, baryain, sell, remise, re!eax, convey artd confirm unto tF?e MORTGAGEE, its successors and auigns, ali that certsin tot, piece or patce! of land, situate, lying, and being in ths ~~,~~y ~ St. Lt1Cle snd State of fbrids, dexribed as follows: I.ot 6, Block 2, LAI~WOOD PARK SiBOIVISION, UNIT 1, as per plat thereof record$d in Plat Book 10, Pages 51 _and S1A, of the public records of S t. Luc ie County, FloY ida STATE ~F FLO RiD a ~ DOCUMENTARY STAMP TAX ~ Z t ' c°-+ t° DEPT.Of REYEMUE~'` ` ' i N Pe.=,w~~rr~ = 3 2. 4 0! i = ~ i ~ ez ~ t ° ~ ~ ~ n~ w,rMdrr oF T~ ~ p~ ~l/?gS'C INtAN61B1.E PE~~ P~RIY, ~ 10 ~~p1 ER 71-134. IIGTS OF 1W l. QFJa Gf~~ ~f((~ $I WCE ~ - ~ rogerher w~th ~II snd s~ngular the ter+ements, 1~ered'staments snd appurtantes thertunto belonging or in ~nywise appert+i~ing 1ha?eto• u+d ~Mt~, tuu~s, pfoceeds and profits accruing and ro acaue from said premises, all of which are inc{uded in tha al~ove ~nd fote9oirg desuiption and habendum. TO' HAVE AND TO HOID the above tlesuibed and granted prem~ses unto tF+e said 1NORTGAGEE, iri suaesson and ~uigns fotevar. Md th~ s~id '.tCRTGAGOR for t~l= ~~~s, exetutors, administrators snd assigns, hereby tovenanq with the ssid MORTGAGEE, iri sutcesson and assiyrn. ~~ar -t~K- atQ - lawfully xized of the said premises in fee simple; tMt tbe tame ~re free, cksr snd discharged fran ~II liens and ~ncvm- c-ances in Iaw a in equity, and that ~eY will and their heirs shall wurant ~nd deftnd the titk to the sun~ to th~ said :~.ORTGAGEE, its successws and assigns, fwever sgainst the lawful claims snd demands of al~ persons; PROVIOED, ALWAYS thsf if the MORTGAGOR shall pay unto tke MORTGAGEE the promissory note hereinbefore described snd shaH truly, promptly • ~ a~d fu!iy perform, dischargq execute, complete, comply witb and abide by each snd every the stipulations, agreemenri, cw~difiaa and tovenants of said c-oT~ssory note snd oE this Mortgage, then this Mortgage and the Estate hereby creatcd shal) ce+se and be null and void. ~ IT IS UNDERSTOQD tMt the word "Mortgagor" whether in the s~ngular w plvral anywhere in this Muty+gt, shsll be sirgulsr if one only and si~all be plursl jointly and sevcrally if more than one, and that the wwd "their" as used ~nywhere in this Matpage sMll be taken to mesn "his," "hers," ~ -r "iK;' whereve~ the context so implia or admits. Also, that wherever there is s reference in the coven~nts ~nd apreements herein conlained to any of . ,he pa.ties hereto, the ssme shall be const.ued to mean a~ welt si the heirs, leyal r~esentatives, successors snd uiiyro (either volunary by act of th~ car+~es a involuntary by operat'an of the law) of the s~me and that the covenants herein tont~ined shall bi~d a~d 1M benefib ~nd ~dv~MaQes inur~ ~ •o rhe respective hei~s, fegal represent~tives, svccesson and ass'gns of the~ pa?ties hereto. - qnd said Mortgayors, fw fhemulves and thei? hein, feyal representatives, successors ~nd +uiyra, hercby joiMly and severstly coven~nt ard apne ~ ro and wifh the said. MORTGAGEE, its successon u~d suigrn: 1. To pay all ~nd singular tFx principai and imerest and the var'aus and sundry ~ums of morxy p+yable by virtue of said promissory note, ~nd this mortgage, tach and every, pron+ptfy on the days respectively the same uverally become due. 2. To p~y dl ~t~d sir?gulsr the bxei, asussmenb. levies, lisbilitiei, oblgstions and bncumbr+nces of every n+ture +od kind now on said dacribad prope~ty, p that hereafter may be impoted. suffered, plsced, levied, w assessed tlxreon, w that hereafta msy bt levied or as~ssed vpon thit N1w1¢ age, or the indebtedness secured hereby, each and evrry, when dve and psyable, actording to law, befwe they become delinqwM, ~nd befor~ a~ry/ intattt arrzches or any penalty is incurred; AND INSOFAR AS ANY THEREOF t5 OF RKORD THE 5/lME SHAII SE PROINPTLY SATISfIED AND DISCHARGED OF ~EtORO AMD THE ORIGItvA~ OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, 7ME TAX RECEIPT OR THE SATISfACT10N PAVER OFFICIAILY ENDORSEO OR CERTIFIED) SHAtI BE PUCED I!V THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d i~ tlx event that any thereof is not ` ~.a~d, satstied and discharged sa:d MORiGAGEE may st any time pay the same o~ any parl tl~ereof without waivi~q w sffecting irryt optio~, lien, equify p ~ •~aht undei w by v~rtue of this mortgage and the full smo~nt of each and e~rery such payment shsll be immediately due and payabk ~nd shall bear inte~est ~.o••, +he dare rhe.eof untJ na e at rate of nine per ce~tum per annum and together w~th suth interest shall be setured by fhe lien of th's ~-+orgtage. x _ . . _ _ _ . . _ .w~ e~~^" . -s ~ K ..^a_, , ~ f - i ya..,.,< ~r,.~~~'~_ ~ ~ '.~.r._...... .r