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Home My WebLink About0247 ~ TMIS INDENTURE, Wl~d~ the ~th day of J~ualy A.D. 1975 between Harrison Holbert and Gloria D. Holbert, his wife af S • Z.\1C1@ ~~~H f~a~~ ~Q~M;~N deig~ated as fM "MORTGAGOR;' and FIRST FEDERAI, SAVINGS AN~ IOAN AS$OCIATtON OF fORT PIERCE, ~ co~pwation orpanized ~nd exi~ting under ~FN laws of ths United St~~~s of Americ~ and h+vinp i» principal pl~c~ of busin~ss M tM City of Fwt Piwce, St. luci~ County, florida, Mrein~fter de:iynated as tF» "MORTGAGEE." WHEREAS tM MORTGAGOR b jvstly ind~bt~d eo tM MORTCaAGEE in the sum of =14 ~ 4~.a nn good a~:d ~iwful money ot the Un~ted States advanced by the MORTGAGEE unto ~hs MORTGAGOR, as evidenced ~y a certain promiu0ry note of even date herewi:h, of whi~h the followinp ln Wwds and f' ure~ a trw copy, to-M.it: Z1OOO284 = 14 , 40~. ~ P;K~.. Fi,.;d,. Januar~ .30. ~9~_ fw value received, 1, we w eithe~ of us, promise 1o pay, wifhout defalcation, to the o~der of fIRST FEDERAI SAVINGS AND LOAN ASSOC~ATION OF fORT PIERCE at Fort Pierce, Fbrida, the sum of =14 , 4~ w;th interest from date at the rate oP • 75 °Yd per snnum; i~ monthly install- menfs as follows: ~ 137. 00 0„ 20th a,y of March ~975 ar?d a like sum on the correspond~rg dsy of each month there- afrer until the whole be fully paid. Each insqllment first shall be applied in payment of the interest and then on the unpaid bal+nce of the p~incipal sum. If default ia made in the payment of any inatallment when due, and such defautt continuK 30 days, then st the option of the holde~, snd without any other nolice, all the remaining . ~nstallments shall be due and payabte at once. Privilege is given to prepay this rate in whole or in part at any time without pcnslty. Neither {orebearanca; nor accept~nce by the holder thereof after any default in any payments hereon, sMll be deemed extenslon. A late payme~t charge of S 6•8S sMtl be added to each installment remaining unpaid 7 days afte~ its due dste, ar?d s like svm shatl be added to each such installment remaining unpaid 7 days after each s~cceeding payment dste. Each make?, surety and endorser he~eof, joinfly and severally, waives demand, p~eser+tment protest and notice of protest for nonpayment, and further agrees to sny extension of time of payment, either before a after maturity, without notice to any of us; and to pay all msh of collection, inctuding a reasonabte attorney i fee in the event of a~y drfault hereunder, and hereby severaiiy waives all benefit of homestead and exemption u~ the constitution and laws of each State of the United States, as against this obligation p any exlension or renewal Fxreof. Witness the ha~d and :eal of cach party. ~ S/ Ha~ttis~on~ Holbert ~U :~r ;1~- (SEAt) S/ Gloria D. Nolbert ( ~21.60 ) Stete Revenue ~u l~li) . NOW, THEREFORE, the MORTGAGOR (w the purpose of securing psyment of said sum of S 14, 400. , ~nd the petformance of ths covenanq ~nd syreemer.ts .hereinafter expreued, and fa ~vers good ~r~d v~lwble considerations, by tF?ese p?esenn, does grant, baryain, sell, remise, rzlease, convey and confirm unto t MORT('aAGEE, its s~cceuors ~nd auigns, atl fhat certein lot, piece or parcel of land, situste, lying, and being in fhe County of St• I'uC e ~nd Siate of florida, described as follows: Begin 150 feet South of the Northwest corner of the East ~ of the NE~ of the SW4 of the Sfi~ of ~ection 9, Township 35 South, Range 40 fiast, run East 70 feet, thence South 161.9 feet more or less to the North right-of-Nay line of Saster Avenue, thence West along said right-of-way line of fiaster Avenue 70 feet, thence North to the Point of Beginning. STAT'E ~F FLG~i ~.~.._1 ~;Z ~ C?CUMEN~ARY1~;--..~STAMP ?t~,~ ~ c- Uf e'-7. ~.iF gEYE~UE ''e, ` <<, ~ - ~ rt;i -~•75 ~'~~~u ~ 6 V ~ m _ ViB. t a«'~i}~ ~ . ~ ~ t' r Z ~ (~rym ~ 1N PAYMENi OF ?11XES j uuE oh aass ~ u~ru~cie~ r~ksoru~ PRO~an~ ~ pURStlANT TO CHAPTER Tl-134. NCTS OF ly/l. '.~~C~ ~ ROGE3 POtT4A: • i ~ CIERK CIRCUIT COUdT, Ji. Lul:it C0. flA ~ a r e ~ ~ ~ g s ~ rogether with all arx! singulsr the tenements, he?editaments snd appurtsnces thereunto belonging or in u~ywise appertainirq~ thereto, and all rents, iuues, ? ~ p.oceeds and profiri acvuiny snd to scaue from said premises, sll of which are included in fhe above and fwegoirg description ~nd FaFxndum. ~ ~ TO HAVE AND T~j HQID the sbove described and g~anted premises vnto the said MORTGAGEE, its successon and auigns forever. Md tFw s+id ~ MORTG R fa t-"elr heirs; execufors, administratws and auigns, hereby tovensnri with tha s~id /NORTGAGEE, iri waesson and assipm, ~ that ~~ey aIe lawfull seized of the ssid y premises in fee simple; thst the ssme are free, de~r ~~d discharyed irom all liens ~nd encum~ ~ brances i~ law or in equity, snd thst they w~~~ their hein shall wurant and defend the title to the same to tbe sald MORTGAGEE, iri successors snd auigns, forever sgainst the lawful claims and demands of all persoro; PROVIDED, AtWAYS tFwt if tF+e MORTGAGOR shall psy unto the M~JRIGAGEE the p-omissory note hereinbefore described and shall trvly, promptly and fully perfwm, dixharge, execute, tompkte, comply with and abide by each and every the stipulations, ~greements, conditions •nd covenann of ud ~ prom;ssory rate and of this Mwtgsge, then this Mwtg~ge and the Estate hereby veated shall cesse and be oull and void. IT IS UNDER5T00~ th~t the word "Mortgsgw" whether in the singular a plural anywhere in this Mortgaye, shall be sinyular if ons only and shall be plural jointly and severally if more thsn one, snd that the word "their" as used snywhere in this Mortysye thall be t+ken to mean "his," "hen;' ' or "its;' wherever the conlext w implies w ~dmits. Alw, that wherever there is • refererxe in the covenann ~nd agreements herein cont~ined lo ~ny of~a ~ the psrties hero% the tame shatl be construed to mesn as well u the heirs, kgal repreuntativd, successon and assi9ns (either voluntuy by acf of tM C~~O ; parties a involuntsry by operatiw~ of the I~w) of the same ~nd that the covenants herein contained shall bind arxl rhe benefin and advnuyes i~wr• i ~ to the respective he"as, legal representstives, succeswrs ~nd au~gns of the panies hereto. And said AAortgspws, fw themxlves and their heirs, legal representatives, successors u~d assgns, hereby joinNy and severally covenant ~nd ~gree ~ to and with the said MORTGAGEE, its successon and auiym: ~ 1. To pay ~U ~nd sir+g~lsr the princip~l and i~terest and the vsra~s and sundry wms of money psyable by virtue of iaid promiuory note, and tha ~ ~ mortya9e, esch •nd every, promptly o~ the days respectively the same severally becan~ dw. 2. To p~y all and ~irgular tlie ta:e~, assessments, levies. Iiabilit~es, obliyations and encvmb+nces of every nature and kind rww on said dexribad ~ property, or tF~at heresher may be impo~ed, svffered, placed, kvied, or assessed thereon, or thst hereafter may be levied w~ssessed ~pon thb Mort~- }~w ~ age, a the indebtedness ucured F~ereby. ~ach ~nd every, when dve snd psysbk, accordinp to law, before they becar» delinquent, ~nd befon any intereat `v ~ attsthes w any penalty is int~rred; AN~ INSOPAR AS ANY iHEREOF IS Of RKORD THE SAME SHAtI SE PRONIPTLY SATISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGIHAL OfFICIAt OOCUMENI (SUCH AS, FOR INSTANCE, TNE TAX RKEIPT OR THE SATISfACTION PAPER OFFICIALtY ENDORSED ~ - OR CERTIFIED) SHALL dE PtACEO IN THE HANOS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFtER PAYMENT; and in the event that any thereof is not paid, sat'sfied ~nd dixharged sa:d MORTGAGEE msy at any t~me pay tF~e same a•ny p~rt thereof without w~iving w affecting •ny option, lien, equity a f •~qht ~nder w by virtue of thii mortgage snd the full amount of each •nd every such payment shall be immediately due and payable and ihall be~r inte~est ~•om the date thereof until paid ~t rate of nine per centum per ann~m ~nd sagether w~th such interest sMll be secured by the lie~ oi th:s morytaye. r ~II ' ' - ~e:_. , . . _ . . _ . _ . _