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27th Rebruary ~p, 19 75 ~,w~~
TNIS INDENiURE, Mad~ the" day of
Irvinc~ F. Becker and Bernice Na4ood Becker, his ~ife - ;
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of St . Lucie C~ry Flaida, hereinafttr designated ss the "MORTGAGOR;' and FIR~T FEDERAI SAViNGS AND LOAN
ASSOCIATION OF fORT PIERCE, a corporation ayani:ed and exiit+np under ths Isws of ths United StatQS of America and havirg its prinipal p(ac~ of
busineu i~ tM City of fort Pitrc~, St. lucis County, flwida, hereinaher desi9nated as fM "MORTGAGEE.° ~
WHEREAS tha MORTGAGOR it jutitly indabted to the MORTGAGEE in the sum of t 14 ~ 300.0~ , good end lawful money of the Un~ted
States advarced by the MORTGAGEE unto the MORTGAGOR, as evidanced by a certa~n promisswy note of even da~e herev.~h, of wh~ch ~he following in /
s 14 a30f~ur~sO a trvo copY. ~o-Wit: ~
~ 11000291
Fort Pierce, flaida, February 27 ~ 19 75
Fw value received, I, we or either of us, pramise to pay, wi~hout defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Ftorida, the sum of = 14 ~ 3~. ~0 w;th inrerest from date at the rote of9 • 25% p~r annum, in monthly install-
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~nrnts as foliows: S 131. on the 2Othday of AAril , ~q 75 and a like sum on the cwrespo~d~ng day of each month therr
after until the whole be fulty pa~d.
Each installment first shall be applied in pa/ment of 1he interest and then on the unpaid balance of the princ~pal sum. If default is made in the
~ayment of any installment when due, and such default continues 30 days, then at the optan of the holder,,and without any other notice, all the remsining
~n:rallmeNS shall be due and payable at once. Privilege is given to prepay this note in whole ot in part at any t~me without penalry. NeitFxr iorebearance,
nor acceptance by thc holder thereof after any default in any payments hereon, shall be deemed extension. A late payment zha~ge of j 6. SS shall be
acided to each installment rema~ning unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 dayt after
each succeeding payment date.
Each maker, aurety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and f~~rther
agrees to any exteniron of time of payment, either before a afte~ maturity, witnout not~ce to any of us; and to pay all costs of colledion, including a
reasonable attorney's fee in the event of any default hereunder, and he~eby severally waives a~~ benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this obligalion w any extension w renewal hereof.
Witness the hand and seal of each party. •
S/ Irving R. Becker (SEAL)
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S/ Bernice Hagood Becker ~~y
$ 21. 45
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xc~ipc x.~~aaraca~r~camratec~t
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 14 ~ 3~0. and the pcrformance of the
covenants and agreements hereinafter exp~essed, snd fw ~ivers good and valuable consideratio~a, by these p~esents, dces grant, bargain, sell, rem~se,
release, convey and confirm unto the MORTGAGEE, its successors and assi9ns, ell that ccrtain lot, piece or parcel of land, situate, lying, and being in the
County of $t . Lue i e ~nd State of Flwida, dewibed ~s follows:
Lot 12, Block 2, Replat of PALM GARDENS, as per plat thereof recorded in
Plat Book 12, page 42, public records of St. Lucie County, Florida.
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~ 'r' ~ p6. ~ ~ RECEIYED _ tN PAYMENT OF TAXES
` <<J< _ DUE OM C111SS'C' INTAN618LE PERSONAI P't0?ERIY,
~ ~ PYRSIJANT TO ClIAPiER T1-134, ACTS OF 19/1~l`~/
~ ROOEA PORRAS /
~ CLERK CIRq11T OOURT, ST. WCIE 00., F1A /
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~t rogNher with all and singular t~ tenements, F~ercditaments •nd sppurtanccs thereunto belonging or in anywise appertsining thereto, and all rents, issves,
~ prxeeds s~ profiu accruing and to acvue from ssid premises, sll of which are included in the above and foregoing dewiption and habendum.
TO HAVE AN TO HOID the above described and granted premises unto the said MORTGAGEE, ~ts successors snd auig~s forever. And tM said
= ~hei r -
: ~AORTGAGOR for heirs, executors, administrators and assigns, hereby covenantt wirh the said MORTGAGEE, its successon +r.d ~uiym,
the are
rhat - Y lawfully seized of the said premises in fee simple; that the same are free, clear snd discharged from all liens snd encvm-
brances in law or in equity, and that they W~~~ a~ t~]@1Z heirs shal! warrsnt and dafend the tiNe to the same to the said
a MORTGAGEE, its successws and auigns, forever against the Iawful claims ano demsnds of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR sMll pay unto the MORTGAGEE the promisswy note hereinbefore described snd shall truly, promptly
and fully perform, d~scFwrge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditans snd covensnri of said ~
= promissory ~ore and of this Mortgage, then this Mortgage and the Estste hereby created shalt cease snd be null snd void.
IT IS UNDERSTO00 thst the word "Mwtgagor" whether in the s~ngular or plural anywhere in this Mortgsge, shall be :in~ular if one only and ~
,~'','3 shall be plural joiMly end severally if more than one, and that the word "their" as vscd anywhere in this Martgsge shsl! be t~ken to mean "his," "hen;' t~r.~
or "its; ' wherever the context so implies w admit:. Also, that wherever there is a reference in the covenants and agreements herein contained to any of ~ ~
_ the pa?ties hereto, the same shall be construed to meen as well ai the heirs, legal represent~tive:, svcceswrs and assigrn (either voluntary by act of the ~
parties or involuntary by operation of the law) of the same and that the covensnts herein contained ahall bind and the benefiri and advantayes inur~
'~'s` to the rcspective hein, Iegal representatives, tuccessori snd ass~gns of the parties F?ereto.
And said Mortgsgors, for themselves and their heirs, legal reproseMatives, succeisors and assig~s, hereby jointly and severally covenant and agree
to and with the said MORTGAGEE, irs successas and assgns: ;
1. To pay all snd singular the printipal and interest ~nd the variovs and sundry sums of money payable by virtue of said promissory nose, and this ~
= mortgsge, each and every, promptiy on the days respectively the same severally become due.
2. To pay all and singulsr the faxes, assessments, levies, lisbilitiea, obligstions and e~cumbranca of every r+sture and kind now on said desuibed
: property, a that hereafter may be impo~ed, suffered, piaced, levied, or asseased thereon, or that hereafter may be levied a e~sesud ~pon this Mort¢
- age, a the i~debtedneu secured hereby, escl? snd every, when dve and payable, accuding to law, be/ore they become delinquent, and before sny iMerest
anaches or any penalty is incurred; AND INSOFAR AS ANY THEREOP IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIEO AND DISCMARGEO OF
-'=a 2EGORD AND THE ORIGItvAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OffICIALIY ENDORSED
- OR CERTIfIEO) SHAII BE PIACED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; end in ths event that any thereof is not
= paid, saisfied and discherged sa;d MGRTGAGEE may at any time pay 1he same or any part thereof without waiving or siftcting any option, lien, eq~ity or
= •iQht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and psysble snd shall bear interest
~.om the date thereof until paid at rate of nine pe~ centum per annum and together w~th such intereit shall be secured by the lien of th:s mwytaye.