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Home My WebLink About2442 28'~'140 iHIS INDENtURE. Mad~ ~I» Z~ttl dar of ~ILd - ~a ~v 74 Doualas M. Wood and Gail D l~od h~ Q+~ifp of St' I'uC e Counry Florid~, herein+f~e+ desg^+t~d +s tM "MORTGAGOR.° +nd FIRST fE~ERAI SAVINGS A?~0 IOAN ASSOCUITION OF FORT PIERCE. • co~pa~tioo orpanised u+d exi~tirg u~ Ihs laws oI tM Ui?it~d Stata of Ame~ic~ a~d h~vinp ib prin:ip+l pl~c~ of busin~as fn th~ Ciy of fort Pi~ro~. St. luci~ Cow~ty. Florida. I+K~+n+iur dagMtsd +s th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is iwtly indebt~d w tM MORTGAGEE in the swu cf i~s~~' ~ 90~ ~awful ~nor.ey oi th. Un~ted Srates ~dwrxed by tM MORTGAGEE u~ro tAe MORiGAGOR, as ev~denced by a oe~ta~n promtuory nae of even dale he~ewcth, of wh~d+ ~M follow~np in word~, ~nd' f' ur • i~ ~ trw copY, towit: ~ j1~~42 ~ lti U() F«t Pierc.. Flo.id+. Ju 1 y_~?.~ rv1~ fp value reteived. 1. we or e~tMr of us, promise ro( y, without defalcation, to the orde~ of FIRST fEDERAI SAVINGS AND LOAN ASSOC~ATION OF FORT PIERCE at Fort Picrce. Florida, ~he sum of i 18 ~ w~~h interesr (rom date at the rate of ~e.~~ pe~ +nnw~. '^°^~~Y "'s~~~~- menb as follows: f 171 ,n~ ~th d,y of Auaust 19.~4 ~nd a li4e sum on the c«respw+d~ny day of each monrh therr after until 1he wholt bs fully paid. Exh installment iint shall be applied in paYme^t of tM interest ~+d ~hen on the u~paid balsnce of the p~indpal wm. If default is msde in 1he paymrnt of any insta~lment when dve, and such default coroinues 30 d+Ys, the~ at the optiw~ of the holder. and without any other notice. all the ~em+in~n~ ~nsullments shall be due and p~yabte at once. Privilege is given to prep+Y this note Ir? whob or in p+h st sny time without penalty. Neither forebearance. na xc~ptanc~ by the twlder thereof after any default in anY p+yme~ts hereon, shall be deaned extens~o^. A late paYment chuge of s 8• 5-'i`- shill be de added to each insullment remaining unpa~d 7 days after its dus dale. ~nd • like sum shall be added to each such installment rem+ining unpaid 7 days aher each succe~ng p~Yment d+te. E~ch maker, surety and endorur hereof, jointly and severally, waives demand, presentment protest and not~ce of p~otest for na+paymenL +~+d furiher ag?ees to any extensan of time of paymen~, eithcr betore w af~c~ maturity, without ootrce ~o any of us; u+d to pay alt costs of collectan, indud~ny + rrasonabk attwney's (ee in the event of any defautt hereunde~, +nd he~cby severally wsives all benc(it of homestexl and exemption unde? ~he ca?s~~fi+1a^ and I~ws of exh Sute of the United Sutes, as a~ainst this oblig+tan w u~y extension or ~enew~~ F+ereof. Witness the hand a~d sesl of each psrty. S/ Douglas M. Wood ~ cs~?U S/ Gail D. Wood ~wu ~ ~ $ 27 • 00 ~ s~.~ R~Yn,~,. ~ 18,000.00 NOW, THEREFORE, the MORTGAGOR for the pvrpose of securing payment of said sum of i - and the perform~nce of the covenants snd agreemen4 hereinafte~ expressed, and fw divers good u+d v~lwbte cons~der~tions, by these p~esenu. does gr~nt, bargain, sell, rcmise. release, convey and confirm unro the N10RTGAGEE, ib succesaors and suigns, all thal ceruin bt, piete ot putel of tsnd, sitwte, lying, and being in 1he Covnty of i'uCie - ~nd State of Fbrida, deacribd u follows: Lots 1, 2, 3, and 4, Block 9, REGINA PALMS SUBDIVISION, as per Plat tY,ereof on file in Plat Book 4, Page 62, according to the public records of St. Lucie County, Florida. ° STATE F?-G ~ i D ~ ~ s ~ DOCUMENTARY~- •..~STtiMF cZ UE?i. ~J"r P.EYENUE ,^-~./~i::k'~~ K~ __,:_~~~r~t~~~~"~.`.i 2 7. 0 0~ ~ ~v - v 8. ~ ~ 1 RECEIYED R' v = DUE OM qp,~ 'C INTIWGIBIF p~~ ~ T~ pJRSUqNr TO C1{~pTER 71-13~. ACT~~ t y J~Yi A06ER VOITWIS c CLfRI( CIRCUR Oplj(tT aT. LUL'fE Cp., fLt together with ~II and singufar the tenements, hereditaments and sppurtances lhereunto belongfng or in anywise apperbining thereto, and ~II ten», iswes. proceeds and profits xuuing and to xcr~e from said premises, all of wh~ch are i~?cluded in the above ar?d foregoing desuiption snd labendum. TO NAVE AND t0 HOLO the above described and grsnted premises unto the aaid /MORTGAGEE, ib wccessws and ~uiy^s forever. Md tlr said MOR1G R for - ~helr -~;rs, executws, sdministrators and suigns, hcreby covcnsnri with ihe said MORTGAGEE, its sucteuas u+d ~~i°ey are rhar Iswfully se~zed of thr said premises in fee simple: thst the same ue free. cka~ snd dischsr9ed from all liens and encu~ branus in Isw a in equity, and that they will snd their hein shall wursnt and defend the title M tM s+m~ to the s+id MORTGAGEE, its successors and assigns, forsver agsinst the lawful clsims ~nd demands oS all perwrn: PROVIDED, AtWAYS that if the MORTGAGOR snstl psy u~to the MORIGAGEE the prwn~ssorY no~e her~~^bafae d~~+'~ a"d ~^~~Y' aO1^Ptly and fufty perform, discharge, execute, complete, comply with ~nd ab+de by each +nd evc*Y the stipulations, agreem~n~s, cond~tions and coven~~n of sad promissory note snd of this Mortgage, then this Mo?lgsge and the Estste hereby veated shail cesse and be null +~d void• IT IS UNDERSTOOD tha~ the wwd "Mortgspw" whether in the s~ngular a plursl anywhere in this Mort9sye, shsll be sinpulu if one only a~d shall be pl~ral jointly uid severally if more thsn one, snd tMt the word °their" as used u~ywk=:e in this Nlortysge sMll be t~ken ro mean '"ha:' "hers:' wo w"in," whe~ever the context so impfies or sdmit~ Also, that wherever ~here is s roference in fhe cover~nn and sg~eements herein conuined to +~ryr of b the panies hereto, the sune shall be cw?strued to mesn as well as the heirs, 1e9~1 rep~esent~tives, wcceuors ~~d assigm (either volunury by acf of the part~es or imrolvmary by operaran o( the law) of the same and that the covenann herein contained shsll bind snd the benefip snd ~dvantspes irwre ro the respedive MKS, kg~l represcntatives, successon and sss~gns oF the pa?ties hcreto. qnd ysid 144ortgsgon, fw tFr_mselves snd thei~ heirs, ler~l represe~t~tives, successors +nd ~ui9^s, hereby joiMly and severally cover.+nt a~d ayree ro and with the said MORTGAGEE, irs soccessors +nd asaigro: ~ 1. To pay all and singular the principal and inttrest an~Tie various and sundry sums of mo~ey paYaWe bY virtue of said promissory rwte, and tFus ~ mortgs9e, esch and every, p?wnPtly on the days respectively the same severally becort~s dve. 1~~ 2. To pay all and wgular the ts:es, assessmenb, levies, liabilities, oblgations snd encumbrsnces of every n~h+re and kind now on stid desu~ed property, a that he~esRer m+y be imposed, suffered, plsced, levied, or assessed thereon, or th~t heresfter may be levied w assessed Wa~ th~s Mor1~' age, a the indebtedneu xcured hereby, each snd every, when due and payable, xcordirg to law, befae they becoms del'u~quent, snd befor~ amr intenst attathes o~ sny. penalty ~s inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SH~It BE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI DOCUMFNT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PMER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; s~d in the eveM lhat sny thereof is not paid, s~t'sfied and dixharged sa:d MORTGAGEE Tay st any time pay the same w any p~rt tFxreof without wsiving or affectir+y any opt~on, lien, eqvity or ~+~ht under or by virfue of this mortgage ~nd the /ull amoum of exh and every such payment shall be immediately due ~nd payabk snd sMll beu interest ~•om the date the~eof until p~.~d a} r~te o1 n~ne per centum pcr annum and toyerher w~th such inte~est shall be xc~~ed bY the lien of tb:s morgtsye. - - - - - _ . x , ~ - - - - ~ ~ s~"~ .s'` ~ , . 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