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Home My WebLink About0405 ~ , _ _ . . , : r/`~ / 30~3~038 THIS INDENTURE, Made the_ 27 th day of Februa r i A.D. 19 7 5 betwaen A/IC/A K. dDu leY__ ! - Kenneth Dudleyf and Beatrice t)udley ti tr'~i~e of ~t . 1.i1C1@ _ County Florida, hereinafter des~~~~+ed as ~he "MORIGAGOR." and FIRST FEDERAI SAVINGS AND LOAN AS50.1ATION OF FORT PIERCE, ~ co~poral~on org~nized and eY~titing under Ihe laws of the Unlted St~tos of America and having its principal place of bu~iness i~ the City of fort Pierce, St. lucie County, flwida, hereinafter designated as the "MORTGAGEE." WHEREAS fhe MORiGAGOR is justly indebte~ to the MORTGAGEE in thc sum oi S--S . good and lawful money of the Un:ted ~~afes advasxed by rhe 1.1GRTGAGEE vnto the MOk~GAGOR, as ev~dc+~o.d by ~«r~,,.n prom.ssory note of even dare herewnh, of wh.cfi the foilowing in .tio~ds and figures is a tr~e copy, to-wit: s_ 5,000.00 No 13000001 fort Piarce, Flor~da, Februa ry 27 ~q 7 S For val~e receivrd, 1, we or cither of us, prom~se to pay, w~~l~OU? t~ejal:..tion, ta rt~~~ orde~ of FIRST FEDERAL SAVINGS AlcD LOAN ASSOCIATiON Of ~JRT p1ERCE at Fcrt Pier.r, Fior+da, the s~m of 5-51~~'~ ~~~'erest fro~n date at ~he rate of 9._2~o per annum, in monthly ir,stafl- :~s as io~Iows: 5--6-~--~-!~--- - on the _20th day oi Aprll___ . ~y 7S- a~d a like sum on the corresponding d~y of each mamh there- ~••<< unti' rhe who'.e be fully pa.d. Each instaHment first shall be app~~ed in payrnent of the inrerest and then on rhe ur.paid balance of the p~inr'pal sum. If default i} m~de in the ;,,~nent of any fnstaliment v,,hen dus, and su:h dc•iault cont~nues 30 days, then at the apt~on of tiie holde~, and without any etnet notice, all the remaining >~a;frr,ents shail be due and pa~abie at onte. Pr~t~l~~e is givrn to prepay thia note in whole or in part at any t;me withou~ penalty. heither forebearaoce, ~•,;r acceptance bv ~he holdrr the~eoi afte~ any defauit in any pa~mer.~s hereon, ahail Le d~•emed extens~on. A late payment charge of S 3•?~ , shsl{ be : i_ci to e~ch initalin:2nt remain~ng unpa:d 7 days after its due date, and a like s~:,i yh~l~ be added to each svch installment remaining unpaid 7 days after ,~h succeed~ng paymem date. Each maArr, surety and endorse~ hereoe, join'ly a::d sevrrj~!y, v.a:•res :ie~r.~nd, present~nent protest and not~ce of protest ior nonpayment, and furffitr ;~~~•es to any extens~on of hme of payment, eitner b~(ore or after ma:ur+rr. •:...i._~ur ~~ot.ce ~o any of us; and to pay aU costs of collection, includ:ng a s~nab!e attomey's fee m the event of ar.y defaulr here~nder, and hereby severaliy xaives all benefit of homestead and exemption under the conititufion cl :aws of eath Stale of ~he U~:~ted Sta!rs, as a~~~r.s~ tnis oL:~gafion or any eKtcns:On or rer.erial hereof. ~ Witness the hand anu~ seal of each parry. . . K. ~alA ~ j_ s , s/Kenneth Dudley A/R/A ~s~nU , • s/ Beatrice Dudlev ~sea~~ _ (SEAL) ~ (SEAU _ State Revenue ~ 1r;wp~-aa~~eNed-ow-oriyiwa~ wue) f30'~'Y, TNEREFORE, the MORTGAGOR for fhe purpose oF securing payment ~f said s~m of 1 5~0~•~~ and the performance of the :o.enants and agreernents hereinafrer expressed, and for di+ers good and vai~able co~s:derationa, by these prcsents, doee grant, ba~gain, sell, rem~se, ,:~,se, convey and conf;rm unto the MORTGAGEE, its wccessors and ass~gns, a!! tt~a! o:rtain lot, piece or parcel of land, situate, IySog, end being in the .ounty of $t . Lt1Cle _ and State of FbriJa, deac:Fxd as followa: Begin at the-Northwest corner of the South~rest ~ of the Southvvest ~ of Section 1~, Township 35 South, Range 40 East, then run East 215 feet, then South 260 feet~ then West 25 feet, then North 160 feet, then West 190 feet~ then Nozth 100 feet to the Point of Beginning, less the West 45 feet and less the North 25 feet and less the East 25 feet. I ~ - , ~ ~ ~ i'~ ~vr~ ~ / ~ t Y+z%' ~ F s 5 p ~ k _ ~l ":t.~~ ` ~ ~ ~ % ~ RECEIVED ~ . O O IN PAYMENT ~JF TAXES C h . . , i~ - .~•4= ~ ! ~ ~ DUE ON • '~C?~ ~tiV - _ ` CIASS 'C' INTMIGIBIE PcRSt~'i4L P~OPER(Y, % ~ O.. PIiRSIIANT TO CFiAPTER 71-I34, ACTS OF 19~1. a ~ i • % c~ ~ FiOGER PORRAS ~ va. ~ CL.ERK CIRCUR COURT, Si. lUCtE CO.. FtA „ s,,- _ 4 `.C, c.+ ~i ~ ~ s a ~ ~k~ i< ~ _ ~ - ~ ~=~ether with aL' and singular rhe tenements, hered~taments and appurtances thereunto belonging or in anywise appertsining thereto, and al) rems, issues, ~~ceeds and proflts accruing and to accrue from said premises, all ot which ara included in the above and foregoing dewiption and habendum. TO HAVE AND TO HOLD the above descr~bed and granted premises unto the said MORTGAGEE, its successors and assigns foreva. And the uid ~ ~RIGAGJR for -~~1 r----- he;rs, executors, administrarors and assigns, hereby covenants with the said MORTGAGEE, its successws and auiyns, the a re ••~3e -Y------- Iawf~Hy se~zed of the said prcmises in fee simple; that the same arc irce, dea~ and dixharged from all liens and ~ncum- - ;.rar,ces in law or in equity, and that they _ w~ll and their heirs shall warrant and defend the title to the ume to the iaid :'ORSGAGEE, its successon and asslgns, forever against the lawfuf c:aims and demands of all persons; - PROVIDED, ALY~AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prwnissory r?ote he~einbefwe described and shall truly, promptly d fulty perform, d~scharge, exewte, complete, comply wirh and abide by each and every the stipulations, agreements, conditions and covenants of said ..•c~nEssory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall ceax and be null and void. li IS UNOERSTOOU that the word "Mortgagoi' wbether in the singular or plu~al anywhere in this Nbrtgsge, shall be singular if orro only and s~all be plural pinNy and severally if more Shan one, and that the word °the~r" as used anywhere in this Mortgage shall be taken to mean "his;' "heri" - -"its," wherever the contexr so implies or admits. Also, that wherever there is a~eference in the covenants and agreements herein contained to any of ~re pa.ties hereto, the same shall be construed to mean as well as the heirs, legal rep~esen?atives, successws and assigns (eithe~ voluntary by act of tha _ ;,art;es or invoiuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inw~ ;:Y +o the respective heirs, legal reprcsentatives, successors and asrgns of Ihe parties hereto. And said Mortgagors, for themselves and their heirs, legal represen~atives, successws •nd assigns, hereby jointly and uvetally covenant and agree ~ !o and with the said MORTGAGFE, its successors and assigns: 1. To pay all and singular the prir~cipal and interest a~d the various and sundry sums of money payable by virtue of said promissory note, and this _ •~ortgage, each snd every, promptly on the days re~pectively ihe same uverally become due. 2. To pay all and singular the tazes, assessments, levies, liabilities, obligat~ons and encumbrance~ of every nature and kind now on iaid described r~roperty, o? that he~ea(ter msy be imposed, suffered, placed, levied, w assessed thereon, a that heresfter may be levied or ~s~etsed upon this Morty- age, or the indebtedness secured hereby, each and every, when dve and pa~able, according to law, befwe they become delinquent, and before any intere~t - ~•~aches or any penaity is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TME SAME $HAII BE PROMPiIY SATISFIEO AND OISCHARGED OF RECpRD AND iHE ORIGIPiAI OFfICIAI OOCUMEtvT ~SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED - -'o CERi1FIED) SHAIt BE PLACED IN THE NANDS OF SAtD M~RTGAGEE WITHIN TEN DAYS NEXT AFTER PAVMENT; and i~ the event that any thereof is ~ot - , a:ri, sat slied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part fhereof witho~t waiving or affecting any option, lien, equity o~ •;ht ~nder or by virtue of this mo~Jgage and the full amount of each and every svch payment shall be immediately d~e and payable and shsll bear interest ~':a ~.o•,, rh~ darP ihe-ecf vnt~l pa'd at rate of n~ne per centvm per annum and together w~rh such interest shali be sec~red by the lien of th s morgtage . _ - ~ _ , .