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Home My WebLink About1720 v 28~428 ~ , . ?HIS INDENTURE, Msd~ ths 12th day of June A.D. 19 74 between John R. ~'u~hPS, anc~ '•tary J. F1unh~si_ his wife ~ _ _ , of St. I.UC.LP County Flwid~, heroina(ter dcsiynated aa ti~e "MORTGAGOR," and FIRST FEDERI~I SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation organized arxl exi?ting under the Ia•NS o4 the U~ited S~atas of Americe and havirq iri ptincipd plac~ of b~siness in tFa City ot Fat Viace, St. lucie County. florids, here~nafter designated w~ the "MORiGAGEE:' WHEREAS Ihe MORiGAGOR is justly indebted to the MORiGAGEE in the wm of S-22s 5~0• ~ . gocd and lawful mo~ey oi the Un'rtcd States advanced by the MORTGAGEE unto the MORTGAGOR, as e~icknced by a cena:n promi:swy note of even date herew~th, of wh:ch tha following in ..o~ds ~nd figures is a ir~~ copY. towit: ~ ~I002(X132 s22.500.00 . . Fort Pieres. Flaids. 'Jt1h A 12 ~ 19 7 4 Fo? value received, 1, we or eithrr of us, promise to pay, without defalca~~on, +o ~he order of FIkST FEOERAL SAVINGS ANU IOAN ASSOCIATION OF ~ORT PIERCE al Faf Pierce, Fiorida, the sum of j??LS~~• w;~h inte:est from datc at Ihe rate of _Q p~ annum, in mo~thly instah- >>enrs as folEows: S-? 14 - on the ?OL FFdey of `j~~ 1-Y----, 19._74_ and a like sum o~ the correspond~ng dey ot each month thae- atter until the whole Ee fulty paid. Each installment first shall be appl~ed in payment of the interest and then on the unpaid 6alance o~ the principal sum. If delavlt is made in the ,.,~~rient of any insrallment whrn due, and such defaul~ continues 30'days, then at the option of 1tro holder, and without any other ootice, all the remain~ng .~~staltrr.ents shall ln due and payable at once. Pnvilege is giv~v? to p~epay th~s no~e in whote o~ in part at any time withoul penalty. Neither faebear~oce, 1~.7~ ~,o. accepfance by the holder tF.ereof airer any default in any payments hereon, shaff be dremed extension. A late payment charge of S sh~ll be ied ~o each installmenr remaining unpaid 7 days after its due date, and a like sum shall be addcd to each such installnwnt remaining unpaid 7 days after each succeeding payment date. Eath maker, surety and endo~set hereof, jointly and severall~•, wa~ves demand, p~esentme~? protest and notite of protest for nonpayment, and further a7rees to any extension of tirr.e of payment, e~fher befvre o~ a(te~ matur~ty, w~rhaut not~ce ~o any of us; and to pay a!1 costs o~ collKtion, includ~ng ~ ~,=~senable a~twney's fee in the event of anr defa~~t' hercundrr, and hereby s~vcralty waives al! benefit of homestead and exemption uoder the co~stitution ,nd Iawf of each State of the United States, aa against this obGgat~on w any exeension or ~ener+al hereof. Witness the hand a~d seal of each ~,arty. a r ^ - ~ , ~ s John R ~~unhes (SEnq ' IN PI~YMENf OF TIIXES (~t) DUE ON CUSS'C IMTAN618LE PE":r?r;u pqpp~ry~ s/ '•1a ry J. Nuc~hes ~qU Pur~r m t~mr?~R n-i~, ~crs oF iu~. aocEa ~onw~s cs~w ~__C 33 . 7 5 State Revenu~ C1RqlR OOURT. $T. LI1CE OQ., ~?ars+p~ e+n+ei.~l e~ e~r erigw+sN~ue! 22 ~ SOO. 00 and the rformance of tM NO~N, THEREFORE, the MORTGAGOR for the purpose of sccuring payme~t of said sum of S P~ covenants and agreements hereinafter exp~essed, and fa diven good and vatuable conaidaratlona, by these p~esents, does grent, bargsin, seR, remise, rc-;?ase, convey and tonfirm unto the MORTGAGEE, its succeuors a~d assigns, a11 that certain lot, piece or partel of tand, situate, lying, and being in 1M Co~nty of St . LliC1P and State of F:orida, described as follows: ThP Of tF1P S~y Of t1`P S~ Qf thP fOllpWliltl c~escribec~ LrdCt Of lanc~, t0-~Ylt: Thp South 20 acrPS of Lot 2 an~' all of Lot 3, saic' lots being in . Section 1, Township 36 South, Pan~~ 40 Fast. Saic~ ~lescription contains 106 acres, mo • e o~ lpss, acco* c~ir.~ to [inite~ Statps Survey. The Diviriin~ linp of thP 106 acre tract to be run strai~ht~from Inciian Fiver to Savannah and th~nce across Savannah to West line of said Lot 3, so as to make equai river front, equal lancl and equal Savannah on each half. This conveyance c~vers 13~ acres nore or less, situatec~ ir 1_ot 3, Section l, Township 36 South, Range 40 East. . I~ FXCEPTING, TT~FPF~PO`•1, the Soutr 100 feet of thP above describec~ lot as the same ; was conveyed to Anthony R. '~tascia and wife by deec' reco•c'ec~ in Deec~ Fiook 165, oan~ 145, set out as follows, to wit: ~ "Thp South 100 feet of the S~ of S~ of S~ of the South 20 acres of I_ot 2 anc? all of Lot 3, Section l, Township 36 South, Range 40 Fast, cont~ininc~ lOb acres, more or less. EXCEPTINC: therefrorn ri7hts of way oF railroa~?s_anc' public roads." ANl) ALSC1 FXCFPTINC: TF!ERF.rFO•t, the ri~ht of way of the ~lo~~ic'a Fast ~~oast ~ailway ~'ompany heretoforP c~eec'ed to saic~ C'ompany, and AI,SC1 EXCEPTIN(: T~'F~'E"F?mt, any ri~hts of way fbr public roac~s ~ ~ogether w~th alt and singu~ar fhe tenements, hered~eaments and appurtarxes there~nto belonging w in anywise ~ppert~ining lhereto, and +II rmts, iuues, ~•oceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoirg desuiptioo and h+bendum. TO HAVE AND TO HOID the above descr3bed and granted premises unto the said MORTGAGEE, its suttessots and sti~gr?s fweva. And tM said ORTGAGOR for -~-h~'1 7---_- heirs, executws, adrninist~ators and assigns, hereby covensnts with the ssid MORiGAGEE, in successon and auiyr», rr:ar ~-hQX--a rQ--- lawtulfy se~zed of the said prem~ses in fee i~mple; that the same are free, clesr and dixhar~ed from all lienf and et+cvm- c:~ances in law or in equify, and that thE-'y _ w~ll and their heirs shall wsrrant aod defend tF~e title to the same to tF~e said - ','ORTGAGEE, its successors and assigns, forever against the law(ul daims and demanda of all persons; - PROVIDEG, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the prom~ssory note hereinbefore dewibed and shall truly, promptly ~ d ful!y perform, dESCharge, execute, comp~ete, comply with and abide by each and eve~y the stiputations, agreements, conditio~s and tovensnts of said ;~o~n;ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shall ceax and be null and wid. ~ IT IS UNDERSTOOD that the word "Mortgagoi' whether in the singular a plurat ~nywhere in this Mortgsge, shsll be singulsr if one only ~nd'~ shall be plural jo~nfly and uverolly if more thsn one, and that ~he word "their" as used anywhere in this Mortgage shall be fsken to me+n "his;' "hen;' ~ s~o ~ °its,° wF~erever the contexl w implies or admits. Also, that wherever there is a referente in the covensnts and sgreements herein contained fo any of ~ the parties hereto, the same shafl be construed to mean as well as the heirs, legal reprexntstives, successws and assgns (either voluntary by +ct of ths ~ r.arfies or invotu~tary by operation of the law) of tF~e same and that the covenents herein contained shall bind a~d the benefiri and ~dvantspes inur~ +o the respedive heirs, legal rcpresentatives, successors and au'gns of the parties hereto. And said Mwsgaqon, Fw themselves and their heirs, legal representatives, s~cceuors ar+d auigns, hereby jantly and sevetally covenant and ayree ~ ro and with the said MORTGAGEE, its successws and assigns: ~ 1. To pay sll and singuls~ the pr~ncipal and interest and the variovs snd s~ndry wms of money payable by virtue of said promissory note, and thit ~ ~ mortgage, each ar.d every, promptly on the days respectively the same severally become due. ~ 2. To pay sll and singular the taxes, asussments, levies, lisbilities, obligations snd encumbrances of every nsture snd kind now on s+~d described ~ ~ p~operty, a thst :~ereafter may be imposed, suffered, plxed, levied, or suessed thereon, p that heresfter m~y be levied or ~ssessed vpon tlds N{ort¢ ~ age, or the indebtedness secured hereby, each and every, when dut +nd payable, xcwding to law, be(ore they betome delinquent, and before sny interesl art~ches or any penaity is inturred; APJD INSOEAR AS ANY THEREOF IS OF RK~DRD THE SAME SHAII BE PROMPTIY SATISflED ANO DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RECEIPi OR THE SATISFACTION PAPER OFfICIALIY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN 1HE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is ~at ca~d, sat sfied and distharged sa:d MORTGAGfE may at a~y hme pay the same a any part the?eof without waivi~g or affecting ~ny option, lien, equity or .~;ht ~nde~ w by virtue ol this mortgage and the full amount of each and every such payment shall be immediate~y due and payabk and shall bear i~te~est t~o~~ +he dr.~e +~N~eof v~~ ! n~ d..~ rare of nine per centvm per annum and together w~th such interest shall be secured by the lien of +h s mororage ~ - : - . . . _ . . - - - ~ - - - - - - ' '~'.~$.,~"~.r~c - i - ~ t~ ~ ~,~,.~s" _ a~,~~~~'~~`~:~ . .~i ' . .,L. - -