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Home My WebLink About1783 . ~j, ~ M, ~ . ~1~ r . THIS (NOENiURE, Mad~ the 1$th ~y o( February ~ _ /~,p, 19_7~L, between ; J. D. ~ambert and Rl rence Maclary Lanbest his wife of $t • WCi@ County Fiorida, hereinafter desg ed t' ~h~ ~'AIOIROAGOR~" +nd FIRST FEDERAI SAVINGS AND IOAN _ ASSOCIATION OF FORT PIERCE, ~ corporat~on orqanised and existinp unde? th~ laws of ths United Sbty o~ Americ• ~nd h~vinp its principa) plac~ of bvs~ness in ~he City of Fat Pierc~, St. lucie Carnty, Flaida, hereinaSter desiyoattd as tM "MORIGAGEE:' WHEREAS ths MORTGAGOR is jutitly indebtad to the MORTGAGEE in the sum of S 9,5ar•~ ' good and lawfut money of the Un~ted Sratrs sdvanced by the 110RTGAGEE unto the MORTGAGUR, ss av~dencrd by a cert~i~ promiuwy notl of aven date hcretvith, of wh~ch the followinq in s c~ 9~ SOO9u~0~ ~s °'~ve ~opy, to-W~~: s ~ 10021189 ~ Fwt Pierce, Fiw~d,, February 18, 19 7,~ ~ Fw value received, 1, we or eithe~ of us, F:ro~n~se to pay, without de~alcat~on, t~ ti~e o~der af FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ ~c'2T PIERCE at fwt Pierce, Fbrida, the sum of s_ 9 S~•_00 wlrh in;erest (rem date at the rate of ~a.s~+per annum, in monthly inatall- ~s as faflows: S- 98!O0_- on the 20thddY oF _ Mareh 1g?~_ and a like s~m on the cwrespond~ng day of e~ch month the~r '~rr until thc whole be fully peid. Each inatallment tirst shall be app±ied in payment of the interest and then on the unpa;d balance of the print~pel ium. If default is made in the i ,..:•,rm of any ~nsta:lment whe~ d~e, and such defaut~ co~t~nues 30 days, then at !ha option of the holde?, and without any other not~ce, all the remein;ng ~ , srailments shall be due and payable at once. Privilege is given to prepay this ~ote in whole or in p~rt at any time withoul penalty. Neither. fwebearance, ~:o~ accepfa~xe by the holdei thereof aher any drfauit in any payments hereon, ihall be deemed exlension. A tate paymenl charge of =!~a~Q~ shsll be ' iad to each instai:ment remaining unpaid 7 days after its due date, and a liie wm shali kx added to each such installment ~emaining unpaid 7 days after ~ •=.,c~ s~cceeding payment date. Each maker, surety and cndorser hereof, jointly and severatly, wa~ves demand, presentment protest and notice of protest fw nonpayment, and further ;;r.~~~s to any extera~on of t~me of payn:rnt, e~t'tier before w after maturity, withoul notice to any of us; and to pay al~ costs of rnllection, intlud~ny s ,;_nabte a+rorncy's fee he event of any defauk her~under, and hereby se•~e•aNy waives all benefit of homestead and exemption undef ihe constitul'an ::aws of rach Stare of'~Un~red Siates, as against this ob~~gation w any e~iens~on cr renewal hereof. Witness t!K hand and seal of each part•~. (sEnU S/ J. D. Lambert ~u cs~?u ' S/ Florence MaclarY Lambert t 14 . 2 S Srate Revenue j X IOt~kl NO'~Al, THERE'ORE, rhe MORTGACsOR for the purpose of securing payment of sai~ sum of S 9~50~-~0 , end the Qerformance of the ~ ._•nar.ts and agreements he~e~naher expressed, and fw divers good and valuab!e considerat~ons, by these presents, does grant, bargaio, sell, remise, ~r ~_~se, convey and conf:cm un!o the ~1r10RiGAGEE, its succeswrs and asvgns, aIl that certain lot, piece or parcel of land, situate, (ying, and beirg in the ~ ;_.,;,ty oF $t . i.11Cle and State of fforida, described ~s follows: ?he South ~ of Lot 46, the South of Lot 48, and all of Lot 49, ~ Block B, HUNT'S SUBDIVISION, as per plat thereof recorded in Plat ~ ~ Book 5, page 47, Public Records of St. Lucie County, Florida, ~ i except the West 3 feet thereof . ~ i i ~ ~ £ ~ AT E p F F t_G R D A ~ g~ry~p G•'U IN PAYMENi OF TAXES r ~ N SocunnENTARY,``..-~...;r----- ~ ouE oN cuss ~ uR~wcia~ r~~m::u Pso.~+~r,/ , ~ ¢ ~ YEti C: ~F ~R~ TO ClIAP'iER ~1-134, ACTS OF ly/1. ~j~'~~ { ; ~X UEPT.:1f RE UE_ - 1~. 2 5 ~ RU6ER ~'ORRAS C € ~ _ - FEG2G'3~ . ~ CLERI( qRqlR OOUICT, ST. WC1E RI~ ~ c~ P.B. ~ ~e g tn ~ - 4lti:? ~ - ~ ~ o . ~ ; E ~ - t F ? ~ } ~ ~ { ~ ~ '-ge+her with all and singular the te~emeros, hereditaments and appurtances thereunto belonging or in ~nywise appertaini~y thereto, and all rents, iswes, ~ .~oceeds end p~ofits accruing and to accrue from said premises, alI of which are included in tF?e abov~ and foreganp description ~nd habendum. „ ~ TO HAVE AND TO HOID the above desc~ibed and granted premises unto the said MORTGAGEE, its succeuors and sugns forevet. And tiN s~id ~ their ~ ~ :;eTGAGOR fa heirs, executors, admir.istrstors and -essigns, hereby tovenants with 1F~e said MORTGAGEE, its ~uttesson ~nd usipro, ~i t~~~--- lawfu~ty se+zed of the said premises in fee simple; tMt she s+me ~re fre~, ckar ~nd diuh~rged from ~11 liens and M+cwrr ~ y ~ -a-ces in law or in equity, and that they W~~~ a~ t~1Z heirs shsll warrant and defend tha titte fo fhe sanw to fhe said :•7?iGAGEE, its successors and assigns, (orever aysinst the law/ui claims and demands of all persons; . PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promiasory not~ hereinbefor~ described and sMll truly, promptly 5 . ci fu11y perform, ddscharge, execute, compSete, comply wifh snd abide by each and every the stipulations, sgreements, conditiora and covenanb of said ~ _ ssory note and of th~s Mo~fgage, then this Nbrtgage and the Estate hereby created shall ceaie and be n~ll a~d void. psp ;L IT IS UNDERSTOOD that the word "Mortgagor" whether in 1he singular w plural anywhere in this Mortyaye, shall be si~vla? if on~ onty snd ~sD s~.a:! be piural joimly and severally if more than one, and that rhe wwd "the]r" sa used anywhere io this Mwty~ye shsll be t+keo to me~n "F?is;' "he~s;' ; _"its," whereve~ the context so imp!ies or admits. A~so, that wherever there is s reference in the coveMnts and apreemenb herein conts'u~ed to am of ~~e parties herero, the same shall be construed to mean as well as the heirs, lega~ represent~tives, wtcessors snd auiyro (either volunt~ry by xt of tM ~ - arres or involuMary by operation of the law) of the ume and that the covenants herein contained shall bind and the benefib and adv~nt~yp jmx~ ~ - ~he respective heirs, legal representatires, svcceuo~s and ass'gns of the parties hereto. ~ ~ And said Mortgsgon, for themulves and their heirs, legal representatives, successws and assigns, hereby jointly u~d severally covensnt and gne ~ +o and with the said MORTGAGEE, in successors a~d assigns: ~,~~'c, 1. To pay all and singula~ the princip~l and intaest and the variovs and sundry sums of money payable by virtue of ssid promissory note, and this ~ ~ ~-ortqage, each and every, prompdy o~ the days respectively the same sevenlly become due. 2. To pay ~II and singuler the taxes, asussmenb, ler~es, liabilities, obligstions and encumbrances of every n~tvre and kind now on said daaibed ~ .,ro~erty, w thal hereafter may be imposed, suffneE, placed, levied, or •ssesxd thereo~, a tM1 here~ft~r may be tev"~ed or asessed vpon ihit Mo~f~- -,9e. or the indebtedness secured hereby, each and every, when due and psyabie, according to law, bsiwe tMy become delinquem, ~nd befw~ any imerpt ~ ,^:ches or any penalty is incurred; AND INSOFAR AS ANY THEREOf 1S OF RKORD THE SAME SHAII BE PROAMTLY SATISFIED AND OISCHARGED OF '=CORD AND THE ORIGINAL OFf1UAl DOCWNENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfIC1AllY ENDORSED k= CERiIfIED) SHAtL BE PIACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN UAYS NEXT AfTER PAYMEN~; and in the event tMt any thereof is not ~ ~.~:d, sat sfied aod discharged sa:d MoRTGAGEE may at any t~me pay the same w any part thcreof wit>wut waiviny or sifectirg any option, lien, eqvify or ~ • ahr ~nder or by virtue of this morrgage and the full amount of each and e~e~y such psyment shall be immediately due •nd payabk snd shall bear iMerest ~ j,~.,, r~.~ r~~.e~f : ~e d~ .ate of n~ne per cenwm per annvm a~d tagNher w~th such interest shall be secured by the lien of th's morgtage- ~ _ _ . . ~ - _ _ . T~ ~ ~ - _ .,~__s