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Home My WebLink About0567 ~;U:314~5 ~z ~ - n~ - THIS INDENTURE, Mads ~th da of February A.D. 19 75 between . . ancas~ter a ~ ra~a . ancas er, is wi e of St . I'uC e County Florida, hereinatt~r desgneted aa the "MORTGAGOR;' and fIRST ffOERAI 5~?VINGS AND IOAN • ASSOCIATION OF FORT PIERCE, a co~poration wyani:ed and exiiting under the law~ oi ths United Statat of America and Mvinp in principa! placs of busineu In tM City of Fwt Pitrcs, St. lucie Counry, Florida, herein~fter designated aa ths "MORiGAGEE." WHEREAS ths MORTGAGOR is iu~tly indebted to ths MbRTGAGEE in the sum of =1 0~ good and lawful mcney of the Un:ted ~ Statef advanced by the MORTGAGEE unto the MORTGAGOR, as evidentzd bY a certain promissay note of even dare herewith, of which the followinp in ~ :~15 ~~~0~~. s0~ a trus coPy, to-w~r: ~ 11000293 Fort Pierce, Florida, Februarv 28 ~ ~y 75 For value received, 1, we w eiiher of us, pror~j~to,p~ybwithovt defa}caiion, to the order of FIV.ST FEOERAI 9VI~NlGr,S AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Picrce, Florida, the sum of S 1 ~~n~~ w~th ~r.rerest from date at the rete of ' ~k pe~ annum, in monthly install- ments as fo{lows: j147• on the 2Ot~1 d~y of April ~975 and a like sum on the cwrespo~ding day of eath month there- after until the whole be ful~y paid. Each installment first shall be appiied in payment of the interest and then on the unpaid ba~ance of the princ~pal sum. If default is made in the payment of a~y installment when due, and such deFault continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~nstallments shall be due and payabk at o~ce. Privilege is givcn to prepay this note in whole or in part at any time without penalty. Neither forabearance, nw acceptance by the holder thereof after any default in any payments hereon, sha~l be deemed extension. A late payment charge of S' ~ 3S shall be added to each installment remaining unpa~d 7 days afte~ its due date, and a like sum shatl be added to each such instaltment remaining unpaid 7 days after each succeeding payment date. Each maker, surery and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protesl fw ~onpayment, and further agrees to any extension of time of payment, either before w after maturity, without notice fo any of us; and to pay all costs of mllection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State of Ihe United States, as against this obligation w any extension or renewal hereof. Witness the hand and seat of each party. S/ B. G. Lancaster (SEAU 1.' : ~ . . . - (SE/?t) Irma J. Lancaster n ~ cs~w ~ $~G ~ SO ) S}dty! vRl~YCflUQ ~ f V~~XfWR~ NOW, THEREFORE, thr MORTGAGOR fw the purpose of securing payment of ssid sum of = 15 and fhe performance of ths covenanta and agreements hertinaiter expressed, and for diven good and valuabte considerations, by these prese~ts, does grant, baryain, sell, remise, release, tonvey and tonfirm unto the MORTGAGEE, its successors and assigns, al! that ce?tain lot, piece or partel of land, •ituate, lying, and being in the County of - $t . I'uCle and Srate of Pbrida, desuibed as tollows: The North 2 of Lot 3 and all of Lot 4, Block 4, Resubdivision of Part of Block 4, of M. K. Moore Subdivision according to the Plat thereof on file in ' Plat Book 4, Page 54, of the public records of St. Lucie County, Florida. ~ ff ` E` 1 ~ oR;~~?~ ~ ~ ~-St A,1` 1 ~ o ~T,PM ~ A~~' 22•5~ i ~ p:~' vi~'~` ~ - ~ <<_ J p~E'~ '~=r.i. ,`Uj7~~~j~:~'„` S~ a:,'" - i","' 4' ` ~ 1M~" ~ z-_ r l; Pg, O~ 1N PA`fN~~ RiY. ~ c~ ~ •C {~TANGIBLE o pUE ON C ~ 1? S S ??C7S O f 1971. ~ C ~ ~ ~ER 71•13+1. ~ ~i poiTw~ . ~ CIR(~17 CU~~. ST. 111C 1 E 0 0.. flA. ~ ~ together with all and singular the tenements, hereditamentt and appurtances thereunto belonging or in snywise appertaining thereto, end all rents, issues, aroceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregang descripYror? and habendum. ~ TO HAVE A D TO,HOID the above desaibed and graoted premises umo the said MORTGAGEE, iri ~uccessors and assigns forever. And fhe aid ~ hei r N50RTG GOR for heirs, executws, administrators and assign~, hereby covenanri with the said MORTGAGEE, its sutceuws end assiyM, - t~ie are ri that ---y lawfully seized of the said piemises in fee simple; that the tame ~re free, clear and dixharged from sll lieru and encum- brances in Isw or in equity, and thst they rv;11 and their heirs shall warrant and defend the title to the tame to the said MORiGAGEE, its successors and assigns, fwever against the lawf~l claims and demands of •II pe~wns; ~ PROYIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisw?y note hereinbefore described and shall truly, p?omptly i = and fully perfwm, d~uharge, execute, campiete, comply with and abide by esch snd every the stipulations, agreements, condiYiora and covenanri of uid ~ promisswy rate and of this Mwtgsge, then thi~ Mortgsge and the Estate hereby veated shall cease and be null and void. a IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular or plursl anywhere in this Morfgage, thall be sinyular if or~e only a~~ shall be plural jointly and severally if more thsn one, and that the word "theii' as used +nywhere in this Mortgsge shall be t~ken to mesn "his;' "hen; ~~`k o~ "its;' wherever the context so implies or admits. Also, thst whereve~ there is a reference in the covenants and sgreements heroin coatained to any o rhe parties hereto, the same ihall be construed to mean as well ss the heirs, legal represenutive~, successon and assigns (either voluntary by act_of th~ :~s parties w invo~untary by operation of the law) of the same aad that the covenants herein tontained shall bind and the benefiri and ~dwMa9es im~r~_ 1 rz to the respective heirs, legal representatives, succesaors and asrgns of the partid hereto. ~ And said Mwtgagon, fw themselves and their heirs, legal representatives, successws and assigns, hereby jointly and severolly covenant and apr~ to and with the said~MORTGAGEE, iti successors and assigns: 1. To pay all sed singular tix prirxipat and interest snd the vario~s and sundry sums of money payable by virtue of said promissory note, and this _ mortgage, each and every, promptty on the days respedivety the same severally become due. ~ ~ 2. To psy all and singvlar the taxes, asussments, levies, liabilities, obligatioe~s and enc~mbranca of every nature and kind now on said dewi property, w thst hereafter may be imposed, ivffe?ed, plxed, levied, or asseued thereon, or that hereafter may be levied w asseued upon this Mort~ age, w the indebredness secvred hereby, exh and every, when due ~nd payable, according to law, befwe they become delinquent, ~nd befwe any interesl anaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCMARGED OF y,`~.' RECORD AND THE ORIGlNAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REtEIPT OR THE SATISFACTION PAPER OFFICUILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; aod in the evem that any thereof is not paid, sat sfied a~d discharged sa:d MORTGAGEE may at a~y time pay tfie same or any part thercof without waiving or affecting any optan, lien, equity w ~~aht under w by virtue of this mortgaqe and the full amount of each and every such payment shall be immediatefy due and payable a~d shall bes? interest <<om the date thereof until paid at rate of nine per te~tum pe? annvm ~nd together with svth interest shali be secured by the lien of th:• mwglsQe. ~ ~ - - - ~ - ~ - . .