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Home My WebLink About1445 !W`.t161~ri ' ~ . + . _ . : fi`th June - , . A.D. i9~ ~n~,.a, THI; INQEM(~IRE. M+d~~~~-_ ° ~r °f ~ochran. is wife Kenneth C. Cochran and Dortha R. of St . Lucie ~ ~ounty fbrida, hereinaft~? d~~ignated ss 1M "MOR~GAGOIt;' and FIRST FEDERAL SAVINGS AND IOAN ; ASSOCIATION OF fORT PIERCE. ~ cwpaation ay+nized a+~d sxiitinp uode~ tM laws of tM United Staa of AeM~ica ~nd luvinp iri principal Pl~ce of busk~ in tM City of Forl Pitru, St. luci~ Cou~ty. Flwida, Mr~inafte~ detipnated as tM "NWRTGAGEE." WHEREAS th~ MORTGAGOR is iuitly indebt~d ro tht MORTGAGEE io the sum of SOO good and Iswiul ~»oney of /M Uniled States ~dvanced by tM MORTGAGEE u~to the MORTGAGOR, ~s evidenced by a certain promiswry note of even date herewith, of which the f~llow~n~ in wwdi and fipur~s is a trw copy. to-wit: ~ lIQ~~~ f 23 i500.4U _ , • Fwt P~u. Florida, _-.1 _19.1~.. For v~lue received, 1, we or either of vs, prom~se to p+y, witho~t defalcation, to ths orda of FIRST FEDERAL SAVINGS AND IQAY ASSOCIATION Of FORi PIERCE at Fort Pierce. Flaida, the sum of ~2 with ieterest from date at ths rate of ~2~ per +~uwm. ~o tno^~hly install- ments as iollows: f 223 o+~ the ~th d+y of ''July 19 74 and a like sum on the correspond~r+g day of each moMh thera- after until the whole be fully paid. Each installm~nt fint shall be applied in payment of the interest and rhen on the unpa~d balsnce of the p?inc~pal sum. N defautt is msd~ i~ the payment of any installmenl wFxn due, aod such defauH continves 30 dsys, then at the optan of the holder, and without sny other notice, eH the remsining ~nstallmeats shall be due and payable at once. Privitege is yiven ro prepaY this note in whols a in pa?t at any time without penalty. NeitMr forebsarante. nor acceptance by tla horder thereof after any default in any payments hereon, shall be deemed extension. A Iste payment charge of 11. 1 shsl~ bs added to each inslaltment remaining u~paid 7 days after iri dus date, and. • like sum shall be added to each suth installmeot remainir.g u~paid 7 days after each svcceeding paymem date. Esch maka, w~ery and endwser hereof, iointly and uverally, waives demand, p?esentment protest and notice of protest iw nonpayment, and fuhher agreet to sny extcnsion of time of payment, either before w after matu~ity, without notice to sny of us; a~d to pay all costs of coltection, includinp a reasonable attorney i fee in the event of ~ny defauh hereunda~, and hereby severally waives all benefit of homeatead and exemption under the constitulio~ • and lawt of each S~ate of the United States, ss against this obligation w any extensan w ranewal F?ereof. Wifness tl~e hand and seal of each party. ~ S/ Kenneth C. Cochran ~ cs~?u ~1 Dortha F. Cochran cs~w . tSEAU ~ . ~5 ) State Revenue NpW, THEREFORE, t~ GAGOR for the purpose of sec~ri~g payment of said sum of S 23 ~ 5~' ~ P~r{o?^~e^ce of ths co~en~nn and apreemc~n he~einafter expresscd, and fw divers 9ood and v~lu~ble co~sideratiorn, by these p?esents. does grant, baryai~, scll, remise, release, convey and confirm unto the MORiGAGfE, iri wccessws aod assigns, ali that certain lot, piecs or parcel of Isad, situate, lying, snd beirq in the County of $t. Lt1C~e - end State of Fbrida, dewibed as follows: Fron the Northeast Corner of the North 375 feet of the South ~ of the Northeast ~ of the Southeast of Section 5, Tovrnship 36 South, Range 40 East, run West 893.4 feet for Foint of Beginning, thence continue West 100 feet, thence South 162.5 feet, thence Fast 100 feet, thence North 162.5 feet to P~oint of Beginning; said land also being described as Lot 18 of an unrecorded Plat of Daniel's Slibdivision, lying and being in the North 375 feet of the South ~ of the Northeast ~ of the Southeast ~ of Section S, Tovrnship 36 South, Range 40 East, St. Lucie O~unty, Florida. i ~ ~ ~ ~ STATE ~F FLflRIDA f ~ S T A M P ~T R X' - tN PAYMENT Qf TN:u• - DOCUMENTARY~;.-:-.,,,. c-=+ CO PE?T.- U-' F kEyENUE ~~~'s ~ ~q~ ~ DUE ON CIASS INTANGIBLE PE~30NAL PROPER(1!, _ ~Jti12'7;~~~-~~~~ 3 5. L 5~ pyqSllA!(i TO CFiAP'1ER 71-134. ACTS OF Iflll. yy~' " cv - P.e.'~ ROGER POITRAS np.~•- ~ o I 1 ~J2 ~ e~--- ~ er ra~f p~~j U~ f~Y ~AOM together witF~ sll snd singulsr the tenements, hereditaments snd appurtances ehereunto belonping ot in anywise +PPH~+~^~^~ t~e~• and afl rents, issues, praceeds and profits acu~ing snd to accrue from said prcmises, ail of wFiKh ue included in the above and fwegoing descriptan and hsbendum. TD HAVE AND iQ HQ1D ~~e ~ 9wnted premixs unto the said MORTGAGEE, ib s~cceswn and usigra forevar. And the said MORiGAGOR for Lne11 _~~n, executors, ~dministnton and suigns, herebY cove^+nn with the said MORTGAGEE, ib wccessors ~nd ~ssipea. rhat thev a=e _ Iawfully sciud of the said premises fe4 simple: that ti~s ssme ue free, cksr ard dixharged from all li~ns ~nd encun~ brances in I~w a in equity, and lhst they will and t~eir hein shall warrant end defend the titb to the same to tht s+1d r MORTGAGEE, in succesw~s and sssi9ns, fwever sg+insf the lawful claims e~d demands of ~II pe~sor»; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay umo tF~e MORTGAGEE the promiuory note F~ereinbefwe described and sha~~ tru~Y. Pr«^Ptly ar.d fvlly pe?form, discharge, execute, compkte, comply with snd abide by each and every the stipulsi~ons, sgreemenn, conditaro and coven~~n of ~aid ~ promissory rate aod of this Mortgsge, then thn Mortgsge •nd the Estate hereby aeated ahsll ce~se and be null and void. ~ IT IS UNDERSTO00 that the word "Mwtgsgor" whether in the singular or plural anywhere in tfiis Mwtgaye, shall be sir~qulat if one only shsll be plwal jointly and uverally if more than one, and that the wwd "the~r" as used +~ywhere in this Mortg~ye iMll be t~ken to mesn "his,`• •,hen;•.e. f ~ or "its;' wherever the context so implies or admits. Also, that wherever there is s refere~cs in tF~e toven+nn and ~greemeMi herein oonuinad to ~nY of' ~;d w` the parties hereto. the same shall be ca?strued to mean ss well ss the hein, kgsl representatives, suaesson a~d auigm (either volum~ry by act of the parties w involuntary by opcratan of the Iawl of the same and that the cwenaMS herein tontained shall bind ~nd the benefits and sdvantsp~s irwr~ ~ ro the respective heirs, legal repreientstives, successors snd au~gns of the p+rNes hereto. qnd sak! Mortgsgors, for themselves and their hein, legal represenutives, iuccessors u~d auigns, hereby joimly and severally coven~nt and ayr~e ~ fo end with the said MORTGAGEE, in suuessors and aui9~s: ~ 1. To psy sll ~nd sirgvlar the principal snd iMerest and the various and su~dry wms of money p+yable by virtve of said promissory note. +nd this ~ ~ - matgaye, aacF~ and every, promptly oo tM d~ys respettively the same severslfy become due. ~M1 2. To pay all arwd sirgvlu the uxes, sssessments, levies, li~bilii~es, obfigstions and encumbrances of every nsture ~nd ki+~d now o~ ss~d dex~ibed ~ property. a that heresfter may be imposed, suffered, placed, levied, or auessed thereon, a that hereafter m~y be levied or sssessed upon thb Mort¢ age, a tM indebtedness iecured hereby, each snd svery, when due and paysble, xcordinp to law, befor~ they become delinquent, s~d befon any interest attaches or any penalty is incurred; AND INSOFAR AS /~NY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPiLY SATISf1E0 ANp DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAItY ENDORSED OR CERTIFIEO) SHAIL BE PIACED IN TME HANDS OF SAID MORtGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the event that any thereof a not paid, sat:sfied +nd distharged ss:d MORTGAGEE may at any time psy tF~e same a any psrt thertof without waiving w+ffettiry any option, lien, equity or .~qht under w by virt~e of this mortgage and the full amount of each and every such payment shall be immediately due and psyabk and shall beu interat ~•om the date the?eof ~ntil psid st rate of nine per centum per annum snd together with such interest sMall be secured by the lien of th:s morytaye. - _ _ - - - f~ = r . : - ~ ~~v~~ ~ - ~ - ~~;;~"~,~~.,~'~~.~"~a - - _