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Home My WebLink About0516 ~ 4 . . _ : ~8s~ . . _ iM15 INpENTURE. M+d~ ~M 21 st day of • ,`J~~ ' A.D. 19 74 be?ween i F~o~d O~~.osi$r and ~ _ of St •~rUC~e - County Flwid+, hereina(ter de~g~ated as tM "MORTGAGOR;' •nd FIRST fEOERAI S~?VINGS ANp IOAN ~ ASSOCIAiION pf FORT PIERCE, s corpoat;on organized ~nd ~Yi~tin9 unda tM (sws of tM United Statos of Americ~ u+d luvir+g in principal pl~n of busineu in tFw City of Fw1 Pi~rce, St, luci~ County. Fiwid~, F?erainatter dcspnated as tM,"MORTGAGEE." ~!S -dAA-(N~ and lawful money of the Uo~tcd WHEREAS tM MORTGAGOR is ju~tly iniiebted to the MORTGAGEE in the ium of 3 - 9°°d S~ares adranced by the MORTGAGEE unto the MORTGAGOR. as evidenced by a certain promisswy note of even date herewith, of wh~ch tF?~ tollowiny in words and fiyures is a true copy, tawit: iQQQO9~ _ 36 .400.00 - ~sw ' Flwida. iy ~ _ Fwt Piace. fa value received, 1, we w either of us, pro~n~se to pay, wi~hout defalcation, to ihe order of fiRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of = JRT PIERCE al Fort Pierce, Fbrida, the sum or s 36.;400. ~ wnh in~eresr from date at the rsts of 9' 7~ pe? aru+um, in monthly instal6 r:~rs as fo1!ows: S 32S~Q0 on the 2~th day of AuduSt 197'4 aod a like sum on the corrosponding day of tach month therr a~~er untit the whole be fully paid. ~ Each i~s~allment (irst shall be appl~zd in payment of the interest and then on the unpaid bil~nce of Ihe printipsl wm. If default is made in iM ? F: r~nant of any ~nstallment when dve, a~d such default con~inues 30 days, 1h i notehn whok or ine h t` atranytime w~ithwl pe~+Iry~~Neither forsbearance, ;~stallments shall be due and payabiQ at once. Privilege is given to prepay Pa ror acceptance by the holder thereof after any default in any paymenta hereon, shall be deemed extension. A Iate payment chsrge of i~~-i-~S ~ ~d:i_d to each instaitmer.t remaining ~npa~d 7 daya after its due date, and a like sum shatl be added 1o each such installment remaining unpaid 7 days aNer rach succeeding paymeM dare. - meM, and fuMher ' Each maker, surety and endwser hereof, jo7nrly and severally, waives demand, p~esentment protest and notice of protest for nonpay a~~eea to any extension oi ti~ne of payment, either before or after maturity, without not;ce to any of us; a~d to pay all costs of coilection, including e ~e.;sonable attorney's fee in the event oE any deiauff hereunder, a~d hereby se~erelly waives a~l benefit of homestead and exemption uoder the constituYan .~,,d !aws of each S+ate of the Unired States, as against this obligation or any extension w renewal hereof. Wifruu ~he hend and ual of each party. $~l sier (SEAU cs~?u .s Le a I.o i Y ~~?u ~;9 , cs~W ~ _ ~ ~ ~ 6O ) State Revenue _ iSra~r~ sa~~ll~d ~ o~iry'r~rl.rosr3. NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of said sum of s 36 ~4~. ~ ~nd the performance of ths :ovenants u+d agreements hereinafter expressed, and fo~ divtvs good and valuabtt tons~derations, by these p~exntt, does g~ant, barysin, sell, remise, ra:ease, coovey and con(irm unto tke MORTGAGEE, its succeaswa and auigns, all that certein lot, piece or parcel of land, situate, lyiny, and beiny in 1he County of St. i.ucie ~nd State of Flwida, described ai fotlows: Lot 4, Block 83, RIVBR PARK UNIT~~O, according to the plat thereof on file in Plat Book 14, Page 29, Public Records of St. Luc i,e County, I~lorida, ~ STATE FLORIGts ~ ; Q OOCUMEsJTARY,~~~;=;; STAM,P 7!,)' ~ # ~ DEPT. ~F RE1'ENUE f~~= ~ ` c e~ _ _,i'_~ L 2~:' 19 1"' ~"~~5`'f; ~ J~. U O i P.6. t4~~ - . ~ m - ~;,r,~ ~ _ d i ~ . - . ` RECEIYED - F G IN PAYMfNT OF TAXES ~ } t ~ DUE ON CI.ASS 'C INTANGIBLE PER90biAl PRO?ERiY. PURSUANT TO GiAPTER 71-134, ACTS OF 19/l. ~ ROGER PORWIS - . CLERK CIRq11T COURT, ST. LUCIf CO.. flA ` 3 ~ ~ - - ~~gether with all and singular the tenemt~ts. hereditaments and appurtances lhereuMO belongirg w in ~nywise sppe~t+ininy therefo, and ~II rents, issues, ~ c~oceeds and profits accruing and to accrue from said premius, all of which are included in the above and foreydng desdiPtio~ +ad Mberdvt^- ~ TO HAVE AND rO yOLD the above described and granted premises unto the said AAORTGAGEE, its succeuors and sssigns fwever. Md ths s~id ~'.ORTGAGOR fw thel= - he~n, execufors, administratws and asi~gns, hereby covensnts with the ssid MORTGAGEE, ib svctessws ~od as~iqna. ~ ,:,~s - lawfully se'aed of the ssid premises in fee simple: tFNt the same are free, cle~r and discha~ged from all liens a~d enuMTM ~ the are ~ tt1eY will aod theu hein shall warrsnt snd defend the title to the sarnt to ths s+id '=i: ~rances in law w in equity, and ?hat ~ :`GRTGAGEE, its successors and assigm, foreve~ sgainst the lawful claims and demands of all personsr PROVIDED, AIWAYS that if the MORiGAGOR shall pay unto the MORTGACaEE the promisswy no?e herei^before described and sh+~~ tn+~Y• P~~?P~~Y P P Y ry pu ~eemems, conditions and covenanri of said ~ ~~d fully perform, d~scharge, execute, com kte, com ~ with artd ab~de by eacb and eve the sti Iations, sg ~O ~ ,rom~ssory note and of thii Mortgage, then this Mortgsge and the Estate hereby ueated shall ce+ss snd be rw~~ and vo~d- ~yb IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular w plural anywhere in this Mort9age, shsll be singvlu if on~ only ~nd ~r, s~all be plural jointly and severally if more than one, and that the wwd "tbeir" ss vsed anywhere in fi?is Mortg+ge shall be Uken to mean "hb,•• • n, cr "ita;' whe~ever the context so implies or sdmits. Also, that wherever there is s reference in 1he tw~en+nts a~d ~yreements herein tontairxd to any of ,re parties herero, the sart+e shall be construed to mean as well ss the heirs, tegal rspresentatives, sutcessws and asipro (either voluntary by atf of tfi~ ~ aarries or involuntary by operatron of the law) of the same and that the covenants herein contained shall bind and the benefiri s~d advantayes-irwr~ ~r; •o the respective heirs, legal reprexntatives, successors and ssa~gns of the psrties ixreto. ~ =°3 And said N?urtgagors, fa themselves and theii hein, legal represe~tatives, successors +~d sssiyru, hereby jointly and severally coven+nt and a~r~e ~ fo and with the wid N~ORTGAGEE, its successors and as:igns: ~ 1. To pay all and singul~r the principal and interest and the vario~s and sundry sums of money p+yabl~ by virtue of said p?omissory ~o1e. +nd ~F?is ~ ~ mor+gsye, each •nd every, p~omPtly on the dsyi respedively the ssme severally become dua ~ ~ 2. To psy all snd singutar the taxes, assessments, levies, liabilities, obligatam snd encumbrances of every ~atwe and kind now o~ ~+~d d~s~i s.V~-Y prope.ty. o~ that hereafeer may be imposed, suffe~ed. Plated, levied, o? asseued thereon, w that here~ftN may b~ levied or ~sses~ed uPon this Mor~9' ~ ege, a the inelebtedneu secured F~ereby, each and every, whe~ dve snd payable, accwding 10 law, before they become delinquent, ~nd befw~ ~ny iMete~t arraches or anY P~^alty is incurred; ANO INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND OISCIIARGEO Of ~ kcCORD ANO iHE ORIGlhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ OR CERTIFIEDy SMAtL BE PLACED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NF%T AFTER PAYMENT; snd i~ the event that any thereo is rw~ ~ :»~d, ss~~sfied and discharged sa:d MORTGAGEE may at any time pay ~he same or any part thercof withovt w+ivir?y or alfectiny +ny op1+w+. ~ien. eq~ri~Y a •~~ht under or by virtue of this mortgage and the full amount of eath and every such p+yment ihall be immcdi+tely due a~d psYable and shsl! bear inter~st ~ t,nT •ho da!e 'hereo~ v.~~~l pa d a+ rate of nine pet te~Wm per annum and toyether wAh soch i~terest tha~l be secured by the lien of th's morgtage. ~a - _ - _ ~ _ . , ~ ~v_~