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Home My WebLink About1014 ~ j ~a~.~o4 ~ . THIS INDENTURE, AA+d~ th~ 28tt' day of `~anudry q,p, lq?'S betw~~n Marold G. Smith and Arline M. Smith, his wife of St . Lucie ~p~~~y Flaida, her~inaftN designated ~s the "MORiGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN : ASSOCIATION OF fORT PIERGE, a co~paation ory~nized snd exitting under the laws of tM Un~tc.i Stat~i of America ~:.d Mvinp iq princip~l pl~p of ~ busirwu in tM Ciry of fat Pi~rc~, St. tucis County, Florida, hereinafter desiynsted ss tM "MORiGAGEE." WHEREAS fM MORTGAGOR is justly indabt~d ro iM MORTGAGEE in the sum of S 19 ~ good end ~ewful money of the United Statei advanced by the MORTGAGEE uMO ths MORTGAGOR. as evidenced by a tertain prom~ssory ~ote of even date herewi!h, of whith the toltowinp in words and figurss ii a trw copy, to-wit: = 19 , 000. 00 w~100028 3 Fort Pierc~, Fia~a~, Janua. ry 28, ~91~, Fo~ value ~eceived, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERA! SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at Fwt Pierce, Fbrida, the sum of S 19 + with interest from date at the rate o~ • S °j6 per aonum, in monthly install- ments as follows: = 178 ,n~ d.,, or Mareh 1q~ and a like sum on the cwrespond~ng day of each month therr afte~ until the whote be fully paid. Each insullmcnt first shell be applied in payment of the interesl and the~ o~ the unpaid bels~ce of the p~i~t~pal sum. If de(au11 is made in the ~ payment of any installment when due, and such default coNinues 30 days, then at the option of th~Jwlder, and without a~y other notice, all the remaining ~ Insrallments shall be due and payab~e at once. Privilege is given ro prepay this note ie whole or in part at aey time without penalty. tVeithei taebearance, ; nor acceptance by the holder thereof afte~ any default i~ any paymenls herew~, shsll be deemed extension. A late payment charge of = 8• 9O thall be ' added to cach installment remaining unpa~d 7 days after its due date, and a I~ke s~m shall be added ~o each such installment remaining unpaid 7 deys after each succeeding payment data Esch maker, su~ety and endwser hereaf, jointly and sevenfly, wsives demand, presentmeM protest and notice of protest for nonpayment, a~d funher agrees to sny extension of time of payment, either before a after matvrity, without notice to any of us; and to pay all costs of collection, i~clvd~ng a reasonable attorney's fee in the event of any defautt hereunde~, and hereby severalty waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against this o6tgation or any extension o? rmewal hereof. Witneu the hand and seal nf each party. ' S/ Harold G. Smith t~Au = ~ce ~ ~ , : , } • ~ ~ cs~nu ~ S/ Arline M. Smith ~U ~ - ~ ~ ( ~28. S~ ) State Revenve , ; ~x~C~c~G~~X~ 19 000 00 ~ NOW, THEREFORE, the MORTGAGOR iw the purposa of seturirg payment of said sum of S ' • and the Pe?fwn++nce of ths ~ covenann and agreements hereinafter expressed, and fw divHS good and v~luable consideraYans, by these preunts, dots grant, bargain, sell, remise, release, convey snd confirm u~to thq MORTGAGEE, its successws and auigns, all that certain bt, pieot or partel ot land, situate, (ying, at~d being in the County of $t. Lueie and State of Fbride, dewibed a~ (o11oNn: A condominium parcel designated as Apartment No. A, BUILDING 115 of HIGl~AOINT OF FORT PI~RCfi ~ND~MINIt~i SECtION l, a condominium according t to the Declaration thereof, dated August 1, 1974, and recorded in O. R. ~ Book 230, at page 2201, inclusive, of the public records of St. Lucie ~ County, Florida, together with all of the appurtenances thereto, ali ~ according to said Declaration of Condominium. j ~ ~ St~BJECT to all of the provisions of the Declaration of Cbndominium and ~ Exhibits thereto, and any and all restrictions, reservations, easements, ~ licenses and including a lease recorded in O. R. Book 226 at page 558 of ~ i ~ ~ the public records of St. Lucie County, Florida, v~hich the ~ m o r t g a g o rs assume and agree to perform and abide by. z s ! I ~ ~ R ` i~ STATE ~=~F FLORI~c, ~ ~ ~ ; - '~JMEhTA~`'~-_-...<. SiAMP t~.?" _ _ Q' pO } ~ ~ - afF'L r,r-~EYEYJ~- _ %~i } ~ z. ,f, _ _ - s T- i q I ~ ON CtASS 'C INTAiIt6~glE NPEPRASOTMNAL~P~ T~ : ~ - _ ~'i~ 5 O ~ RSUANT TO ~T ROPERTI~ ~ R. ~ ' ~~ER 71-13~, ~ - ~ ~ ROGER POITRAS S OF 19I1.~~~ o = ~,.,,y / ~ c~~c cikcuR couRr, sr. wc~E co., ~ ~ !ogether with all ~nd singulsr tF?e tenements, hereditamentt and appurtances the~evmo belonging or in anywise appert+ining thereto, ~~d all rent~, iuues, proceeds snd profits acuuing and to scuue from said premises, alt of which are included in the above +nd faepoing description ~nd habendum. ~ TO HAVE AND TO HOLD the sbove desaibed and g~anted premises unto the said MORTGAGEE, iri successws and auigm forever. And tfit taid their MORTGA R fw helrs, executors, administrators and auigns, hereby covens~b with the said MORiGAGEE, iti suocessors +nd assipru, ~ t~ie are ~ rhat - lawfully seiz of the said p+emises in fee simple; that the same ue free, ckar u+d discharyed from ~II lient and tncvm- ~ t~iey their Y~ brances in law or in equity, snd thst will and hein shall wsruN and defend the titk to the same to tht said ~ MORTGAGEE, in successors snd sugns, forever ~gainst the lawful daims and demu+ds of all pcrsons; ~ PROVIDED, AlWAYS tMt if the MORTGAGOR shall pay umo the MORTGAGEE the promiuwy note hereinbefore described snd shall truly, ptomptly and fully perform, dixh~rge, execute, complete, comply with and abide by each and every the stipvlstions, agreemenn, conditions and covsnanb of uid = promiuory note and of this Mortgsge, then thii Mortgsge and the Estate hereby created shall cease and be nvll and void. ~ IT IS UNDERSTOOD tMt the wwd "Mortgsgor" whether in the singulsr w plwal a~ywhere in this Mortg~ge, shall be sirguls if one only and ~,`i shall be plural joiMly and severally if rtare tFun one. +nd that the werd "tF?eir" ss used anywhere in this Mortgspe shall be taken to mesn "hif:• ••hea;• O or "its," wherever the tontext w implies or admits. Also, thst wFierere~ there is s refere~ce in the covenants and agreemenh herein oont~ined fo ~ny of y~~ ~ fhe p+Hies hereto, tF~e same shall be conit~ued to mesn as well ss the heirs, leysl rtpresentatives, successors and aasiyru (either volunbry by act of tM ~ arties or involuma b ratiw~ of the law) of the ssme and that the covensnts herein contained chall bind and the benefits ~nd sdvants~es inur~ P ~Y Y ~ ~ to the respettive heirs, legal represeroatives, sutcessors and ~ss~gns of the psrties hereto. ~ And ssid Ntortgagors, for themxlvet and their heirt, legal representstivp, succeuws snd assiyns, hereby jointty and severally wvcnant and apree ~ to and with the said MORTGAGEE, its successors ~nd suigns: ~ " 1. To pay all a~d tingular the principal and interest snd the various and ivndry svms of money payable by virt~e of said promisiay note, and tha ~ mortyage, each and every, promptly or? the dayi respectively the same sever~lly becane due. ~ 2. To pay all and ~ingulsr the tsxes, ssiessments. levies, liabilities, obligstio~s and encumbrance~ of every natwe s~d kind now on s+id dtxribed ~ property, w that hereafter may be impofed, suffered, placed, levied, w+uessed thereon, or that here+fter may bt levied or auessed upa? fha Allwt¢ ; age, w the indebtedneu secured hereby, e~ch and avery, when due snd payable, sccordi:?~ to law, before they become delinqueM, and befort my iMenst~ arraches or any pe~alty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORU THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED OF RECORO AND THE ORIGINAI OfFIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHALL BE PtACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and ie the event that my thereof is not pa~d, ssYsfied and d~scharged sa'd MORTGAGEE may at a~y time pay the same or any part thereof without waiving w affecting any option, lien, equity w _ •~qh~ under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable ~nd tMlt besr interest ~ ~rom the dale thereof until psid at rate of nine per centum per annum and together w~th such interest ihall be secured by the lien of tb:t morgtspt. ~ ~ ~ ~ ~ - - ~ . . . L.