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Home My WebLink About2635 ~ ~ . ~ - . . _ 3U~454 TMIS INOENTURE, Mad~ th~ 25th day of Februar~ A.D. 19~..~ batwe~n o n . ance and r e L. ance~ his Nife ~ of St . LuCl@ ~~ny FI«~d~, hcreioah~? detigna~ed ~s tht "MORTGAGOR," end FIRST FEDERAI SAVINGS AND LOAN k ASSOCIATION OF FORT PIERCE, • corporation oryanizcd and existing uoda the laws of Ihs United 51~t~~ of Amerita and havinp itf principal plsce of busmeu M tlw City of Fwt P~erce, St. lucie County, f*iwid~, hereinafter de~~p~a~cd as tFN "MORTGAGEE:' WHEREAS the MORTGAGOR is justly irtid~b ihe MO~t1~GtACs~~ ~~he sum of S_ 26 ~400. 00 , good and lawful money of the Un~ted Ststea advanted by the MORTGAGfE unto the NIORt AGOR, as •vidrntrd by a ceream promiuory nots of even date herewith, of which the (ollowing in ~e:ds and f~gures is a r~ue copy, toMi~: . . s_ 26 , 400. 00 r,i, 10021198 Fo~t Pierce, Flwida, February 25 ~q~~ For va'ur received. wr w eithe~ of us, promiu to pay, without~defalcerion, to ttie order of FIRST FEDERAI SAVItJGS ANO LOAN ASSOCIATION OF 1.;RT PIERCE at fo~t P~erce, fbrida, the sum of S--xa-44~~---- w~!}~ ~~~turest f~cm date at ~ha rate of _~-5o per annum, in monthly inslall- as fo~!ows: •0O_-__ on the ?_Q~ day of -7uII8 19_~~_ and a like sum on the carosponding day of each moNh thero- 4.~' until the whole be fu~iy paid. Each ~nstailnxnt first shall be app!ied in payme~t of fhe inierest and then on the unaaid balance oi the principsl wm. If default is made in ths. ,,~~,rnt of any initai~menl when due, ar.d such default conunues 30 days, then at the optiao of the ho~der, and without any other notice, all the remaining ~~.srallmenb shall be d~e and payable at once. Privilege is yiven to prepay this oote in whole or in part at any time without penalty. Neithe~ foretxawnte, r,• acceptance by ~he ho~der thereof after any defeult in any paymen4 hereon, sh~ll be deemed extens'ron. A late payment charge of S~1~Q. sh~ll be : i_d to each ins~ai~rn¢M remain;rig unpa:d 7 days afler its due date, and a I~ke sum shail be addcd ~o each w.h installment remairting unpaid 7 days afte~ ~ +.n succerding paymeM date. Each maker, surety and endoner heteof, jointty end srve~aliy, wa;ves demar.d, presentment protesf aod notice of pro!est iw nonpaymeM, and furfher ~ a~ees to any eatension of tame of payment, cnhe~ before or a(ter maturity, without nonce to an•1 of us; and to pay all costs of collxtion, inetuding • .~,:nablc a!tomcy's fee in the evenr of any da;ault hereunder, and hereby sevcrat~y waives all bene(it of homestead and exemption unde~ the constitution d:~wi of each S~ate of the Un,ted 5tates, os d~d~nSf this obt~getion or any extension or renewa~ hereof. Witnesa the hand and seal of each paity. (SEAt) S/ John C. Vance ~n~~ cs~?q S/ Marie L. Vance ~39 • 6~~~rvenue (~C~ NO'dN, THEREfORE, the MORTGAGOR fw the purpose of secvring payment of said sum of:~ir4OO_OO ~ and the pertormsnce of the .o~:enanta and agreementa hereinafter expressed, and fo+ divers good and valuable consideratlons, by theie presents, does grant, bargain, sell, remise, ~•_se, convey and confirm unto ihe MORiGAGEE, its successors and asrig~s, al! that ce~tain bt, piece' w parcel of land, situate, lying, and being in the ,;_~nty af $t. ~.L1Cle _ , end State of Florida, dewibed at foltowi: Lot 23, Block 42, INDIAN RIVER ESTATES, UNIT NO. 7, as per pl at thereof on file in Plat Book 10, page 75 of the public records of St. Lucie County, Rlorida. . O~~` S /~QN;~ > ~ I LS% 9 60 , ~ o \~Q~y~~ ~9~` J ' ~ u~ ~ tQ~~ p, .S f,~ / ~Q~~ G~S o ~ ~ ~ _ ~P+t~~%ytN~~ ' ; j; ~ ~6e JG~~, Cp ' ~ ~ ~~C~, 4 ~ a ~5 ^T! ,c ~ ` ~ ! `s' G.~ ~ ~ .t~3 ~ C~"" ~ ~ s ~ ~ •r .f' V ~ ~ ~~.C~' pt1 'l0 G ~ ~~,L `y+ ~ ~ ~c- ~ ~~G ~ i.. ' ~ ~~G~ ~ ~ g %E. O G~" t 9 ~ ~ ' ~ g ~ ~>~her wirh all and'si~gular the tenements, hered~taments and appurronccs fhereunfo belcxging or in anywise appertaining thereto, and al) t~nts, iuues, ~ ::•cceeds and profiu accruing and to acaue from said premixs, all of which are included in the abovs sod fotegoing dewiption and habendum. ~ TO HAVE AND TO HOID the above desc.~bed and granted premaes unto the said MORTGAGEE, its sutcessors snd auigns forever. And TM safd ~ ~RTGAGOR for - thelr--__- heirs, executors, adminisfrators and assigru, hereby covenants with the ssid MORTGAGEE, iri svaesswa and ~st{pru, ~ .~_,t the~ a~~__ ~awfully seized of the sa~d prem~sea in fee s~mple; that tFie same sre free, clear and discF~rged from ~11 liens and snc~m- ~ :•nnces in law or ~n equity, and that they a~d their lxia shall wurant and defend the titk ro the same to the said ~ e :'~RTGAGEE, its sutcessws and assigm, lorever against the lawful cl~ims and demands of all persons; t ~ PROVI~EO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGfE the ptomisso~y note hereinbefor~ destribed and shall buly, promptly t " <-d fully perfo~m, d+scharge, eaecute, complete, comply with and abide by esch and every the stipulations, agreemenri, conditam and covenanb of said ~ r~ssory note and of this Mwfgage, then this Mortgage and the Estate hereby ueated shall ceas~ and be null •nd void. ~ IT IS UNDfRSTOOD that the word "Mw~gsgor" whether in the singular w plural anywhere in this Mott9sge, ~MII bs iinyular if ooe only ~nd ~ =~,ai' be plural jointly and uveralty if more than one, and lhat the word "their" ss used snywhete in fhis Morty~ge shsll be taken to mesn "hif," "hers,° .';u," wherever rhe context so implies or admits. Alw, that wherever there is a referente in the covensnri and sgreemenri herein contained to any of ~ ! ~ •~P parties heroto, the same shall be construed to mean as wetl ss the heirs, legal rtpresentstives, successors ~nd auigro (either voluntary by +ct of tM ' : a: ;:es or involumary by operation of the law) of the same and that the covenants herein contained sM{I bind ~nd the benefiis snd adva~tspes inur~ ~ ~ ~ the respective heirs, legal representatives, successors and urgns of tha parties hereto_ W ~ Md iaid Mortgsgors, fo~ themxlves and their heirs, legal representatives, successors ~nd •ui9ns, hereby joimly and severally covena~t and pr~e ~ j ~ ~o and with the said MORTGAGEE, its successo~s and sssigns: y ~ 1. To pay slt and si~yular the principal and inte~est and the various a~d sundry s~ms of money payable by virtue of said promiuory note, •nd this ~ ~ ~ --orrgage, each ~nd every, promptly on tFx days respectively the same sever~lly betort~e d~e. ~ i 2_ To pay al! end ~~ngular the fsxes, assesunenfs, levies, liab~lit~es, oblgat'wns s~d ennanbrances of every nature and k'u~d now on said d~wibed ~ ~ croperty, or that herea4ter may be impo~ed, s~ffered, placed, levied, or ausssed thereon, w tMt he~eaher may be levied or usettsd trpon this Morf~- ~ ~ age. a the inchbted~ess secured hereby, exh and every, when dve snd payable, ~ccording to Isw, befwe they become delinquent, and btfoa arryr intNttt ~o .~~>:hes or any pena~ty is incurred; ANO INSOFAR AS ANY THEREOF IS OF REC'JRD THE SAME SHAIL $E PROMVILY SATISFIE~ AND OISCHARGE~ OF Om ~ KECORD AND THE ORIGINAt OfFIC1Al O~CUMENT (SUCH A5, iOR INSTANCE, THE TAX RECEIPT OR THE SA115FACTION PAPER OFFICIAILY ENDORSEO ~ '-2 ~ERIIFIED) SHAII BE PIACED IN THE HANOS OF SAID I~IORTGAGEE WIiHIN TEN DAYS NFXT AFTER PAYMENT; and in the evem that ~~y thercof is not ~ :~d, sat sfied ar+d d~scharged sa:J MORiGAGEE may at any ume pay the same a any part thereof without waiving o~ afietting s~y option, lien, equi/y p ~~ah~ ~nde~ w by virtue ol this mortgaoe and the fu~~ amovnt of each s~d every such payment shatl be immediately due snd paysble artd sha~l bea~ interest ~~r.•. <ia!~ . ~r.r ca d+` ~ate of nine per cenNm per annum and together with iuch interest sha?1 be secured by the lien of ih s mcrgrage ~ ~ :.:r . . . _ _ . . _ _ ~