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Home My WebLink About2328 4 . ~ ~ ~ ~~s~~~~ THIS INOFNTURE, M.d. ~he 1 y t h ~y of J~ ne - A.D. 19 7. be~wee~+ ~ la r Y L. Se h i n. a~incr}~t~.l~t of St : WCi@ ~ou~?y Flor;da, IferCiMftN deigna~ed as ~he "MORTGAGOR," and fIRST fEUERAI SAVINGS AND IOAN ASSOCIAT~ON OF fORT PIERCE. • torporalion aqanized ~nd exi~ting ~ndsr Ihs lawt of ths Uniied Stat~t of America and havin9 iri principal plac~ of buiiness in tM Cify of fat Pierce. 51. l~ci~ Co~nry. Fiaida, hereinafter dtti~nated aa ~hs ."MOitT(3AGEE:' t 2 5~ 000. 00 and ~~wful money of the Uni~cd ; WHEREAS the MORTGAGOR is jvstly ~debred to tM MORTGAGEE in the s~m of s 9~ Srates advanced by the MORTGAGEE unto thiiMORiGA(iOR, as evidenced by a« ~~a~n promissory no?a ot even date herewilh, of which tFw followioy in words and figures Is a uua copy, towi~: . ~ s zs,ooo.oo N, ioo2oaa3 Fort Pierce, Floride, .~UflC 1~ ~ ~p14 Fw va!ue received, we w eitt~er of us, promise to ~ay, wlthoul defalcatio~~, to the order of FIRST FEDERAL SAYlNGS AND IOAN ASSOC~ATION OF i ORT PIEFCE a1 Fort Pierce, florida, the sum of S_? W;1~, ;f,terrst from date at the rate of S% pN annum, in monthly i~stalb ~•:~~~s as foilows: =?l~•~V on the?Oth day of JulY 1q-?4 and a like sum on the coerosponding day of each month therr a•rer until the whole be fully paid. Each i~s~atlment first ahall be appiied in Payment of the interest and then on the unpaid balance of the princlpal sum. If default is made in tha i ~:ayment of sny installment wlun due, and avch default con~inues 30 days, then st the option of the holder, and without any other notite, all the rrmaining ~uraliments shall tx dve and payable at once. Privilege is g~vrn to prepay this note i~ whofe or in part et any tire without penalfy. Neithet forebearance, nor atceptance by the ho~der thereof afrer any default in any payments hereon. shall be deemed extension. A late payment tharge of Y0•~5 sM~~ be r.:i:/_d ro each imlallment remaining unpaid 7 days after its due dete, and a like su:n shal! be added to each such installmeot remaining unp~id 7 days ~fter eacn succeeding paYmeM date. Each maker, surety and endorser hereof, jointly and severally, v~aives da~t~and, presemment protest and notice of protesf for nonpayment, and furihet t ,,3rees to any extensio~ ot t;me of paymeM, elrher ba4o:e or after maturity, with.o~t notke to any of us; and to pay all costs of cotledion, indud~oy e r ~sonabie attomeyb (ee ~n the event of any defau~t here~nder, and hereby severa(ly waives all brnefit of homeatead and exemption vnder the tonstitulion i ,•.;i Iaws of each State of the U~~ted States, as against this obliga~ion or any extens~on c~ renewal hereof. Witness tFe hand a~+d seal of each aarty. (SEAU s/ (?tary L. Sehin, a single ~~U adult ~q ; ~ (sEnu ~37 . 50 ~ i ) State Revenue s >~F]fs~Clfl~a ii11G~~iX~Xg1G+XP~i~iK~ 2 S Q~O. and ths rfwmsnce of the NOYV, THEREFORE, the MORTGAGOR for the purpou of securing payment of sa3~ sum of = a P~ covenants and agreements hereinafter expressed, and fw d~vers good and valuab~e considerations, by these prese~li, does granf, bargain, sell, rcmise, _:~ase, canvey and co~firm unto the MORTGAGEE, i1s successors a~d assigns, ali that certain lot, pieta ot psrtel of land, sitvate, lying, and being in ths County of St . I.L1Cle and State of Fbrida, dexribed as foliows: Part ' A ; ~ Lot 3, Block 73, RIVER PARn, UvIT 9~~ as per plat thereof on file in Pl.~t liook 14, page 31, of the public records of St. Lucie County, Florida ~ f ~1 ~i ~ oF ~~~P~~~~ 1 i ~ ,T A-T ~AR,~ ~ 1 ~ s socvri'E"-~ ~.L~ ~~-q 7. 50 ; ~ e, ~ o, Q~p u7 F ~E~~ ' ~ ~ R ~ 6 G-` ~ ~ Z~~ 1 ~ ~ :.~~,,,j.. ac ~ pB. ~ ~y ~ J ` ~ , `r' N %~t~t~2 o ' . - ~ !li P1IYMFNT OF TN(fS ~ RECEIVm IN?AN6IBLE PER90tiAL P~~ 4 ~ TO di1RER 71-13~. lYCiS ~ ' 3 . pp4ER POIi ~ ~ ~ ~ a~ CIRt'JUIT ~ ; , ~ i ~ ro~ether with all and singular the teneme~ts, hered~taments and ~ppurtsnces thereunto belonging w in anywise +PP~??ai^7^p thereto, a~d ~II rents, issues, ~ ;.roceeds and profits accrui~g and to acuue from sa~d premises, all of which are included in 1he abova and 4otegoing desuiption and F~abendwn• ~ TO HAVE AND TO HOL~ the above dewibed and granted premises unto the said MORTGAGEE, its suttesswi and auigns foreve?. Md tl» said x :~.~RTGAGOS~to. - he r------ executors, administrators and assigns, heroby covenan» with the said MORTGAGEE, its urctason +od ~ssipro, ^3t ___5_6_ 1 5___ ~awfully se;zcd of the said premises in fee simple; Ihat the same are free, clear and discharged from all (iens and ~ ~.rances in law or in equ7ty, and tFat ShQ will and her heirs shalt warrant and defend the title fo the sams fo the taid 'r:~ ;',ORTGAGEE, its successors and assigns, fuever against the lawful cteims and demands of all persons; ~ PROVIDED, ALWAYS lhat if the MORTGAGOR shall psy unto the MORTGAGEE the promissory rate he~einbefort desc~ibed and shall ttv1Y. P~«^P~~Y ~ ~ a~d iully perform, d~xharge, e:ecute, comp~ete, comp~y with and abide by each and every the ~tipulations, agreemeMS. c«+d~+~«~s +nd covenann of s+d ~:om~asory note and of this Mortgage, then this Mortgsge and the Estate hereby createtl shall tesse and be oull snd void. ~ 11 IS UNDERSTOOD that the wwd "Mortgagor" whether in the singutar or plural snywhere in this Matgage, shsll be singular if one only ~nd '~C ~ shall be plural joi~tly and xverally if rtwre than one, and that the word "their" as uud +nywhere in this Mortg~ge shall be tsken to mean "his" "hen;' ~~p ` ~ ."~rs;' wherever the contexr so implies w admin. Also, that wherever there is a reference in the covenants snd agreements herein coM+ined to aoY of ^ . ~~e parties herero, the same shall be consrrued to mean a~ well ss the heirs, Iegal representatives, successon and asi~gru (either voluntary by sct of the + # c,arr:es or involuroary by operotion of the Isw) of the same and that ~he covenants herein contained shall bind and the benefiri and advantages inw~ ~ ~ ~o the respective heirs, legal reprexntatives, s~ccessors and au'gns of the parties hereto_ } ~ And ssid Mortgagors, for themxlves and their heirs, legal represe~tatives, svccessws •nd auiy~s, hereby jo+ntly ~nd ieverally covenant a~d ~yree ~ +o and with the ssid MORTGAGEE, its svccessors and assigns: ~ ~ To pay all snd singular the principal and interest and the various and sundry sums of money payable by virtue of ssid promissory note, and this p mortgage, each and every, promPtly o~ the dsys respectively the same sevenlly become dve. 2. To pay sll and sirgvlar the taxes, essessmenn, Ievies, li~bilities, obligsYwns and encumb?snces of every nature ~nd kind now on s~id described prapery, or that hereafier may be impoted, sufferod. Plsced, levied, w assessed the~eon, or th~t heresfter may be levied w assessed vPon tF~it ~Awly- ~ age, or 1he indebted~?eu secured he~eby, each and every, when dve and paYable, accwding to iaw, befa~ they become delinqveM, and before ~ny intereat a~~eches a any penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAII BE PROMPTIY SATISFIED AND DiSCHARGED OF wECORD AND iHE ORIGINAt OFfIC1Al DOCUMENT (SUCH l.5, FOR INSiANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIALLY ENOORSED ~ UR CERTIFIED) SHAIt BE PLACEO IN THE HANQS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd i~ the evem that soy thereof a~+w - aa~d, saYsfied and discharged sa:d MORTGAGEE msy at any time pay 1he ssme w any part thereof witFa~t waiving w affecting any opYan, lien, eqvity or ~~qhr under w by virtue of this mortgage and ~he full amount of each a'rxi evesy~uch payment shall be imRSCd~ately due and psyabk snd shall beu i~teresf ~ro-r rFe da+e 1Fe~eof ~~ntil Ce d at rate of nine per ce~tum per annum and together with such intereff shall be secured by ihe iier. of th's mo~gtrge. _ - ~ s n ~ r_ .Fr _ ~ _ . , _ _ , , . a~ _