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Home My WebLink About0889 . . . 30~31.'7r , THIS INDENTURE, N4d~ th~ 7th ~y pf February ~ _/~,p, ~q 75 " betwe~n Fred L. Davis and Susan A. Davis. his v~rife , of St . Lucie Cp~~ty Florida, htninafter daig~ated a~ 1M "MORTGAGOR,' and FiRST fEDE2Al SAVINGS ANO IOAN ASS~CUTION OF FORT PIERCE, a aor~~tion ory~n;ied ~nd exii~inp unde~ ~M laws of tlw United Saty O} Af1lHita and Mvinp tts principal plac~ of busin~q in 1M Cify oi Fort Pitru, St. l~ci~ County, florida. hHeln~h~r desipnatad ~i tM "MORTGAGEE." ~ WHERfAS tM MORTGAGOR it i~ntly indsbted to tM MORTGAGEE i~? ths tum of S 18 - good a~d lawful ma+ey of the Un:~ed Sutes advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by • certain promiuory note of even date herewith, of wh~sh tM foilowinp ie =18'an~O~y.~is a trw topy. lowit: ~ 11000286 00 , ~ ~~.e P~.m. F~o.;d,, February 7, 19~~ ~ r tf ~ ~ ~ ~ ' L' Pw value received, I, we w either of us, pr is~ .~withoit defalcatioll, to the order of fIRST FEDERAL pSAVINGS AND IOAN ASSOCIA710N OF FOR1 PIERCE at fort P'erce, nda, ~he sum oj ~8 wiNs inte?est from date at the ~+te oP • 2S% per annum, in monthfy ins?all- ments as follows: = l~s• ~ on the 2V h~y of Mareh _~9 75 a lik~ sum on the carospond~np day of each month there- after until the who~e be fully paid. . Each installment first shall be applied in paymee?t of ths interest and then on the unpaid balance of the princ~psl wm. If defauH is made in ths payment of any installment when due, and such default continues 30 days, then ~t ths option of Ihe holder, and without any othe~ notice, all the remaining installmenri shall be due and payable at once. Privitey~ is given to prepay this rafe in whole or in p~rf at any time without penalfy. Neither forebearaoce, nor accepqnte by the holder thereof after a~y defa~lt in sny payments hereon, shall be deemed extension. A late payment charge of • 25 sMll be added to eac~h installment remaining unpa~d 7 days after its due date, and • like sum ~hall be added to each such installment remaining unpaid 7 days aher each succeeding paYmcn? dare. E~ch maker, surety ~nd endase~ h:~eof, jointly and severally, waives demand, presentment protest a~d no~ice of protest fw nonpaymmt, and further agrees to ~ny extension of time of payment, either before w afte~ maturity, witFw~t notice to any of us; and to pay all costs of collection, includ~nQ ~ reasonable attorney"s fee in the evenf of ~ny default hereunder, and hereby sevcrally wsives all benefit of homestead and exemption under fhe constitution a~d laws of each State of the United St~tes, as against this obligstion a any extension a renew~l hereof. Witness the hand a~d ieal of eath party. S/ Fred L. Davis ~Ai~ , (SE/?t) usan . avis ~ t~~•~ 1 Sta» Revenve ~ R~ NOW, 1HEREfORE, the MORTGAGOR fw ths purpose of securing payment of ssid sum of = 18 ~ ,~nd ths performance of tM covenants end ayreementi herein~fter expressed, and fo~ divers good and v~luable cons~derations, by tMse presents, does grant, baryain, sell, remix, retease, conwy c ~rm u0to the MORTGAGEE, its successors and auigns, all that certsin lot, pieu a parcet of land, situate, lying, and beirg in ths ~~y af ~.~L1C1@ ~ State of Fbrida, dexrib~d ~s fdlowi: Lot 17, Block C, WEST END ADDI?ION, a subdivision as per plat t hereof on file in Plat Book 2, page 5, public records of St. Lucie County, Florida. t~S ~?Q~~~,~a a`,. ~ ~ ~ I~''~ ~ s ~`1" ( . . o~ 3~ G` Sl-ATE FLORiL7A ~ ; r- ~c; 1~ ~ s. ~:z DOCUMENTARXs=~~~.=.;s,S~AMP TA~ I G~~~• ~t. ~ c-i ° UEri. UF P.EYENUE = ' _ ~n ~ ~ r:01U~~~~ -r• 1. O O ~ Q~~ ~~G~~O J`~~~r M = ra. ~ " G~~ - ,,2 ~ ~ ~ ~ o _ s - topether with ~II snd si~gular the tenements, hereditsmcnts ~nd appurtsnces tF~eunto belongirg a in ~nywiu appertaininp the?ero, ~nd ~II re~ts, iuws, proceetlt snd profits scvuing and to accn?e from ssid premises, all of whith ue itxl~rded in the above snd foreyoirg desctiption ~nd habendum. TO HAVE AND Tp HpW the ~bove desaibed and granted premises unto the s~id MORTGAGEE, ib successas ~~d auipns fweva. Md tht s~id AM1ORTGA~ fot ttlel r heirs, executon, sdministrators and suigns, hereby tovensnri with the said MORTGAGEE, iri suctestoa and assip% ~~t t he}/ are ~awfully seized of the ssid prem~ses in fee simple; tMat the s+me are fr~e, cka~ and dixharged from all I'iens and encvn~ brances in law o? in equity, and thst they will a~d thei r hein shall w~rrant a~d defend tl+e titk w the sarn~ to tl+~ said MORTGAGEE, its successors and suiyns, forever against the lawful claims and demands of all perspu; PROVIDED, ALWAYS th~t if the MORTGAGOR shsll pay unto the MORTGAGEE the promiswry note hereinbefore dewibed and thall truly, promptly and fully perform, d~sch~rge, execute, compkte, comply with and ab~de by esch snd every the stipubtions, syreemen», conditions and covenants of said promissory note and of this Mortyage, then thi~ Mwtgsge ~nd the Estate her~by ve+ted shall uue and be null a~d void. IT IS UNDERSTOOD tFWt the word "Mortysga" whether in the singulsr or plwal ~nywhert io this Morty~ye, sh~ll b~ sinpuls~ if one only and shall be plunl joi~tly and sevewlly if more tha~ one, snd that the word "their" as used anywhsr~ in this Mat9pe iMll be taken ro mean "his,•••'hen;• ~ p"its," wFerever the context w implies a admits. Also, thst whereva there it a reference in tMe tavenann and a~reemenn herein oont~inad to ~ny of the ps~Y~es hercto, the same shall be conurued to mean as well as the t~eirs, kgal representatives, successon ~nd ~ssigns (either volvMary by act of the~y~ paities a involuntsry by operstion of the law) of the tame and that the covensnts herein contained sMll bind and the benefib and advant~pes irwrt W ro the respective heus, ley+l represemativ~s, wccessas and su~yns of the ps„ies hersro. And ssid Mortyspors, fa themselves a~d lheir heirs, legsl representatives, successas a~d aui~ro, hereby joiMly and sevaslly covenaM and pree ~ to end with tlx ~sid MORTGAGEE, its svccess«s and suiyns: 4 1. To p~y ell ~nd sin~ulu the principal and interest snd the variovs and sundry wms of mo~ey payabk by virtue of ssid promissory note, and tha ~ mwtyaye, eacF~ and every, promptly on the days respectively tM sams severally becan~ due. 2. To p+y all and sinpvlar the tsxes, assessmenn, levies, liabilities, obliyatam ~nd eruvmbrancd of every n~ture and kind now a+ uid dew~ed ~ property, a 1Mt fxreaNer may b~ impaed, suffaed, placed, levied, w ~ueised thereon, w that here+fta m~y be levied a ai~sssed upon tFws Mort9- ~ ay~, a tM (ndebtedneu sec~red fkreby, esch snd every, when dve a~d psysble, accordi~p to law, befae they become delinquent, a~d befa~ ~ny interest ~o attaches w any per?ahy is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII dE PROMPiIY SATISfIED AND OISCHARGED OF p~,pp RECORD AND THE ORIGINAI OfFICIAI DOCUMENI (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDpRSEO OR CERTIFIEO) SHAII 8E PIACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event that a~y thereof is not p~id, sst'sfied and discharged sa:d MORTGAGEE may ~t any time pay tFx same a any part thercof without w~iving w affectiny any option, lien, eqvity a •iQht under a by virtve of this morfgage and the full amount of esch and every such payment siull be immediately d~e and payabk and sFull bear inlereat ~rom tht date thtreof v~til paid at ~ate oi nine per centum per annum ~nd toyether w~th such interest ~MII be secured by tfie lien of th:s moryta9e. r ~ _ . ~ _ "k"5 ~ nsx~. ~ ~ , _ . . . . . : . _ _ ~