The URL can be used to link to this page

Home My WebLink About0093 Y~ , 291'763 ; y v ~i THIS INDENTURE, Mad~ ~i,. 16~h ~,y of September - ~.p. ~9 74 ~~w.e~ ~tichael D. Green and Karen :•t. Green, his wife ' 7 N ~ l' t of St. LuCie County Flor~d~, hereinafter dcaign+ted a~ the "MORTGAGOR," and FIRST fEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • cwpaaHon orpanized and exia+~nq unda IM laws of ths Uniied Satos of Am~~iu a~d h~'vinp 11Y' p~lt?cipal plat~ of b~smet~ in the City of fort Pi~rce, St. lucie Covnq, Flaida, heroinaher designated a~ tM "MORTGAGEE." . ~ WHEREAS 1he MORTGAGOR is juttly indebtcd to ths MORTGAGEE ie the sum of 5~22 • 4~0. 90~ +^d ~+~{~I money cf Ihe United Srares advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a ce+tam promissory note of even date Mrewiih, •d( w~ch tM fdlowing in .,c:ds end fiQwes is a true copy, to-wit: ~za.aoo.oo iooaioai Fort Pierce. Ftwida. September 1~ 19 74 fw val~e raceived, 1, ve o~ either of us, promise to pay, vvithout defalcation, to the order of FIRSI FEDERAI SAVINGS AND lOA~1 ASSOCIATION OF ~::Ri PIERCE at f«t Pirrce, fiorids, ~he sum of S 2- 2=40~=~ N~ih in!erest hom date at the rote of 9• S A par aonum, in monthly instalb ~r ~~s as follov.a: 5~19~=~ o~ _?Oth day at _~e~ber 19 74_ and • like sum on tM correepa~ding day oi each mo~+th there- .j~rer until the who(e be fully pa~d. Each ins~altment tirsl shall ba appiied in paymant of the interesl and ehe~ on !he unpaid balance of the princ~pal surn. If detault is msde in the ~ a,ment of any instaltment when due, and such dzfault cont~nues 30 days, then at tha op~ion of the hotder, and without a~y othe~ rwtice, atl ths r~maining ~~;!altments shall be due and payabte at once. Privilege is given lo p~epay this note in whole w in pan +t any t[rne without panahy- Fleitt.er faebearance, ~,o~ accepfance by the hoider thereof after any default in any payments herron, shaSl be deemed extension. A late payment ch~sge o~ S~• 80 sh~ll be :.i.l~d to each installment remaining unRa~d 7 days after its due date, and a tike su:n shall be added to each such installment remaining unpaid 7 d~ys a(te? ~•ach wcceeding paymenl date. Each n,akar, surety and cndcrser hereof, jointiy and severally, waives demand, present~nent protest and notice of protest 4a nonpaY^~ec~t, and furthsr .,~rees to any eatension of eime of payment, eithe~ beFore a after maiur~ty, without ~ot~ce to any of us; and to pay alf costs of collection, inclvdinp ~ ,•~,onable arrorney's fee ~n the e~nr of any defau!t hereunder, a~d hereby severaliy waives all benefit of homestead and eaemption u~er the tonstitut'an ,~~d laws of each Sta!e of rhe Unired States. as against this obligation or any e,ctension or renewal lureof_ W~tness 1he hand and sea~ of each party. s/ 1tichael D. Green ~wU cs~?u s/ Ka ren ~t : G reen ~q ~ (SEAU ; S 33 . 60 srete aevcoue ~ ~!ps taneemad-w+'vnq+Rar narot 22 400. 00 and the orrnance of ths ' NO;N, THEREFORE, the MORTGAGOR fo~ the purpose of securing payment of sa~d sum of S s P~*f co.zna~ts and agreemenrs he~einafter expressed. and for diven good and valuabk cens~derations, by thesa presenn, does gr~nf, baryain, sell, remise, : ~;ease, convey and-confirm unto ihe MORTGAGEE, +ts successora and assigna, al~ that certain bt, piece or parcel of lsnd, situate, lying, and beinp in ihe :~c.,my of St. Lucie and Srate of Fior~da, dewibed +s follows: Lot 5, Block 40, LAKEWOOD PARK - UNIT 5, as per plat thereof on file in PZat Book 11, page 5, . of the Public Records of St. i.ucie ~ County, Florida, S A E ~F FLO~iLDA ~ ' o= DO~UMENTARY,~=~tST~MP jna~ ~ i ~ ° DEPT. GF REYEt4t1E ~ 1~ ~ . E = P.Y. - SEPf&'a< ~ ~ ° ~ 3, 6 ~ ; `w = 111~2r ~":E..,..- I ~ 1 . ~o ~ ~ ~ Dl~ OM Cl/1SS ,C' f~1TAliG1YLE,rF: A••{~'yAl p~ TAXES ~ pu~uwr To ~n.l~~ ~ ~ ~ ~ ` ~ ~ a~rnt cnaairr oour~ ~r, ~ ~ ~ 3 ~ E •caether with all snd singular the tenements, hereditamenq and appurtances thereuMO 6elonqing w in snywlse ~ppertai+ting the?e1o, ~nd sll rents, iuws, ? c~cceeds ~nd profita sccruing snd to attrue from said premius, all of which sre included in ths sbove ~nd fwe~o~ng desc?iption ~nd Mba~dum. ~ TO HAVE AND TO J~IOlO the above described and granted premises unto the said MORTGAGEE, its uxcesson and ~uiyns forever. And tlw s~id thQl r '~';,RTGAGOR for heirs, exec~tors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, ib waessors end ~ipro, . 3, the~ a TQ lawfully se~:ed of the said prem~xs in fce simple; that the same are frN, clear ~nd discharyad from all lierq ~nd enain? _•~n:es ~n !aw or in equity, and that Lhey will and thQlr hein ihall wsrra~T sr~ defend the title to the same to fMe said ~ v.pR1GAGEE, its successws and assigns, forever against the lawful claims and dema~ds of sll perswn; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pranissory rate hereinbefw~ described and thall truly, promptly ~ :-.d fully perform, d~uharge, execute, compkte, comply with ard abide by each snd every the itipulations, agreements, conditan+ +nd covenanb of s+id ~•~;,ssory rate and of this Mortgage, then this Mortgsge and the Estate he~eby ueated shall ce~se and be null and void. es~c ~ IT IS UNDERSTOOD that the word "Mortysgor" wlxther in the singular w plural anywhere in this Mort9age, shall be sinpulat if ont only and1~~ ~ s~a!! be plural jointly and uveraity if more than one, snd that the word °their" ss uud anywhere in this Mortgage sh+l) be taken to mesn "his," "hew;'~ y "its," wlxrever the contex~ so implies or admits. Also, that wFxrevd there is a refere+xe in tbe covenaMS ~od +yreemenb hetein contained to any of •-,e pa~ties hereto, the same ~h~li be construed to mean as well ss the hein, kgal representatives, ~vctessors and ~u'iyro (either volunury by acf of 1M ~ : arties or involuMary by operation of the law) of the :~me ~nd tF~at the covenants herein contsined shal) bind ~nd tFr benefiri and ~dvaMSpes inure rFe respective heirs, legal representatives, successors u+d sss'yns of the parties hereto. And taid Ntortgagors, fo~ themselves and ~heir heirs, legal representstives, s+xcessws and aasiyro, hereby jaMly and swerally coven~m s~d ayr~e~ : - +o and wi~h the uid MORTGAGEE, its s~ccessors and auigns: ; 1. To pay ell snd singutar the principa! and interest and the various ~nd sundry ~ums of money payable by virtue of said promissay note, and this ~ To~rgage, each and every, p.omptly on the dsys respectively the same severally becane due. _ 4. To p+y all and singutar the baes, sssessmenn, levies, Iiabilities, oblig+tions and encvmbnnces of svery nsture and kind now on sa~d d~sa~~"""'~- ~ croperty, o~ that hereafter may be impo~ed, suffered, pl~ced, levied, w sssessed thereo~, w 1h~t here+ftt~ may b~ kvied or as~essed upon this ~ age, or ths indebtedness secured hereby, e+ch and evety, when due and p~yable, acco?dinp to Iaw, befor~ they become d~linquent, and bsfor~ arhr int~rest ~•faches ot any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAIt 6E VR07VWiLY SATISf1E~ ANO DISCHARGED OF w~CORD AND TME ORIG1NAl OifICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RfCEIPT OR THE SATISFACTION PAPER OfFICIAILY ENOORSED ~R CERTIFIED) SHAII BE PIAtED IN THE NANDS Of SAtD MORTGAGEE VIi1TH;N TEN OAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is not ~ ,a~d, sat"sfied and disch~rged sa:d MORTGAGEE may at any time pay the same or a~y part thereof without waivirg a ~ifecti~g any option, lie~, equity or ~ ~~~hr vnder or by virrue of th;s mortgage and the fuU amovnt of each and every such p~yment sball be immediately due snd payabk snd shall bear interest •r~ r+.•e r-.~~~--~ i~» r', a~ .ate of nine per centum per annum and toyether w~?h suth interest shall be secured by the Gen of ths merg?agr - _ - _ x r- ~ ~ ~ T- 43 ~s+=`T'z -ad.t*.ey ~ x f' ~ ~ ~ w~ n ? s~r .a ."~s.,~'~'~,~ . . . _ ~'~.~~-„s-~ _ . = r _a.