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Home My WebLink About2540 . 3t~~ ~C THIS IN~ENIURE, Mad~ th~ 2Sth ~y p( MB~C ~~'1 ~ A.p. 19 75~ b~MrNn Chasles Gibbons, J~. and Rrances S~bbons~ hi~~ife of St •~'uC @ Counry i1o,;da, ha~~~nafter detgnered a~c ~he "M.ORTGAGOR," and FIRS1 fEOERAI SAVINGS ANp IOAN ASSOCIATtON OF fORi PIERGE, a cwpwat~w? a9~ni:~ and •xN~inp ~w~dtr tF» laws oi tM United St~t~s of Amsrica ~nd Mvlnp it~ principal pl~u of busin~s~ in tFw Ciry of Fort Pi~rc~, St. luci~ County, flwid~, he~elnafttr desiynated as tM "MORTGAGEE." WHEREAS th~ MORTGAGOR is ju~tly indebled to Ihe MORTGAGEE in the sum of S?s ~BO~~ ~ good snd I~wful money o( th~ United ~ Sretes ~dvanced by the MORTGAGEE unfo fhe MORTGAGOR, ss ~viJ~rn;ed by a certain promissory note of oven date herewith, of whicfi tM followirg 1~ woids and figures is • uus copy, to-wif: _ ~ 28 ~800.00 ~ 10021236 Fwt Pierce, Florida, ~"~rch 25 ~ 19 75 Fa velue received, I, we or either of us, prom~se to pay, withovt deta!cano~, ro thc ~rder of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pic~ce, Florids, ~he sum of j__. ~1~Q~G~SGY__~_ wAh,merest from da~e et ihe rate of _~ro per annum, in monthly install- ~„eros as foL'owf_ S242~ ~ on the ?Oth day of _~y 14 ?5 , and ~ like sum on the correspond~op day of each month the~e- e+rer until ths +nhole be f~lly pa~d. Each installment finl shall be appl;ed in payment of the inferest aod then on ti+e unpaid bel~nce of the p~incipal wm. If defauh Ii madt ln the ~ e~ment of a~iy instaliment when due, and euch drfault continues 30 days, then at ~he option of Ibe holder, and without any aher notice, al{ the remaini~g ~u~allments shall be due a~d payab!e at once. Privilege is given to prepay ihis note in whoie or in part st any fime withouf penalfy. Neither fwebearance, nor acceptance by the hoid~ thereof after any deFault in.any pay~nents hereon, shall be deemed exlension. A late payment charge of j 1? • lOsh~ll b~ ~dded to each instaliment remaining unpaid 7 days after its due dste, and a liie au~n shall be addrd lo each s~ch instaNment remaininp unpaid 7 days after each sucteeding payment date. Each maker, svre?y and endorser fiertof, jointly and severaliy, vvaives de~:~and, prescntment protest and notice of protest fw nonpayment, and futthe~ a~rees to any exterts~on of t~~ne ef payment, e~tF.er beiore p afte~ ma~ur~ty, without not~ce to any of us; and to pay all costs of collection, includinp a ~rysonable attorney's fee the evcnt of any deia~tt liereunder, and hereby srrerslly waives all benefit of homestead and eaemption under the constifutwn r~d Iaws of eech 5~ate ot the Umted Stares, as ayainst rhis obi~gation w anv ex~ension or renewal hereof. , . Witness the lund and seal o( rach party. (SewU - ~ , . - , S/• .Charles Gibbons, Jr. ~u ~ ~ ~s~?u $43.20 S/ Frances A. Gibbons ~ l _ State Reven~~ • ~R9fJ6~W0G1Qtp0Cypqf~pDL~ NOYV, THEREFORE, the MORTGAGOR fw the purpose of ~ecuring payment of ssid sum of S 28 • S~ ,~nd ths perfwmance of ths co•:enants and agreemer.rs hereinaftcr eapreased, ar~d for d~vera goa! and valuable conside+stions, by theie presents, does grant, bar~ain, sell, remise, •r:ease, convey and cont:rm unto the MORiGAGEE, ils sv:ceasors and assigns, al: that certain lot, piece w parctl of land, situate, (ying, and being in ths :ounty of SL. Lucie and Stste of Fbrida, dexribed as followi: [.ots 11 and 14, of Block 1, CLYDBSDALB NBIGNTS SUBDIVISION, as per plat thereof on file in Plat Book 9, page 59, public records of St. l.ucie County, Florida o~"7~08'~00~- Dai~-ooo/3 ~ STATE QF FL~RICD~, ~ ~ DOCUMEN?AR~'s;"-~ STl`aMP ?A~ ~ c-+ ~ i)EPT. G'F NEVE~IUE ' ~ t~ _ ~ ITi~ii~4~~~1~ ~ ~ ~ S 1~! . - C1 = 4 3. 2 0 i R~~ . w1 ~ _ P8. ~ ii ~ ~ d ~ ~ P(~ ~ C IMTi1KGl8tE p ~~'';}E~ Of ~ .5;~ ~ ~~'1~1; E,~ ~ P~P~ S a~R qo~ w~~, ` ~ctrr, s~ ~ ~ ~ ~ C ~ ~ ~ '~yevhtr w~th a!: a.~sd s:r.~~:ar :F.e ser.e :e:.ts, hered;tarn~nit .s~', eyyv~ie~.cea t~~eteunto bei~xigiry"a in ~npwise appertaininp ther~fo, and aii rent~, issves. i c~oceeds and profits acu~~ng and to acuue from said premises, all of which are irxluded in the above ar?d fwayoirg destription ~nd habendum. ~ TO HAVE AND TO HQID the above desu~bed and g~anted premises ~nto the said MORTGAGEE, iri succetson ~nd assiyns fwev~. Md t!N iaid ~ their ? :~ORTGAGOR for ~;rs, execu~as, administrators and atsigna, hereby covtnanb with tF~e iaid MORTGAGEE, its succeswn and utigm, ~ , a~ _they are _;awfull seized of 1he said f y premfses in fee semple; that the same ue fr~e, cte~r and discharyed from all liens and encum- c.rances in law w in cquity, and that-~~1~_ will and their heirs shall wartaot and dafend the titl~ to tM samt to tM s~id _ '~~ORTGAGEE, its s~ccessors ~nd assigns, /orever against the lawful claims and demendt of •II persornj PROVIDED, AlWAYS that if the MORTGAGaR ihall p~y unto the MORTGAGEE the p~omissory note herainbefor~ deuribed and shall trufy, promptly _ and fuIly perform, d~scharge, execute, complete, compty wifh and abide by each and every the ~tipulations, a~reenxnts, conditions and covenants of said ~ orom~ssory note and of ~h7s Mortgage, then this Mortgage and the Es~ate hereby creatad shal! uase sed be null •nd void. ~ E IT IS UNOERSTOOD that ths wwd "Mwtgagor" whether in the •ingufsr w plural snywhere in this Mwty~ye, shsll b~ urqvlar if one only and shal! be plural jointly ~nd severally if more fhan one, and that 1he wdd "the~r" as used snywhere in this Mwtyaye thall be tsken to me~n "hh," "ht~t," ~ cf ";ts," wherever the conte:t so implies or sdmits. Alw, that whereve? there is a reference in tFw covenants and ~yreements Mrtin oontain~d to any of ~ - ~h.e parties herero, the same shall be coni~rued to mean as well as fhe heirs, lepal representativn, successon and assipra (eitha~ voluntary. by act of tM ~ parries or involunury by operation of tha isw) of the ~~me snd that the covereants h~roin conqined ahall bind and ihe benefitt ~nd advantapp inwt ~ ~ +o the respedive hein, leflal reprexntatives, successas and ass'gns of the parties hereto. ; And said Mutgsgon, fw themselves and their heirs, legal represenhtive~, successort ~nd auqns, F~ereby joiNly and ttverally tovenant snd ayr~e ~ t _ ~o and with the said MORiGAGEE, its successors and sui9ns: '1i : 1. To pay •II and s~ngutar the principsl and :nterest •nd the vsriovs snd sundry sums of rraney pay~ble by virtu~ of said promiuory note, and this ~ ~ortga~e, each ~nd every, promptly on the days rapectively the ssme severally become dve. 2. To piy al) ~nd ~ingufar the ta,ces, asuasmenis, levies, liabilisie~, obli9~tans ~~d encumbr~nces of every natur~ and kind now on said d~saib~d ~ property, w that F~ereaft~~ may b~ ;mposed, iuff~red, plxed, levied, or aaussed thereon, or that hereafter may b~ levied w assessed upon thi~ Maty- ~ age, w ths indebtedness ~ecured hereby, exh snd evcry, when due ~nd payable, accordinp to law, b~fw~ they become detinquem, and btfwt ~ny (ntenst ~ at+aches or any pcnalty is incuncd; AND INS•JfAR AS ANY THEREOF IS Of RKORD TME SAME SHAII BE PROMPTIY SA115fIE~ AND DISCHARGED Of ~ECORD ANO TME ORIGItJAt OFFICIAI DOCUMENT ISUCH AS, FOR INSTANtE, THE 1AX RECEIPi OR 1HE SATISFACTIOM PAPER OFFICIAILY ENOORSED GR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the evem that any the~~o( is not pa~d, sar'sfied and diuharged sa:d MORTGAGEE m~y at any time pay the same or any parf thereof witFwvt waivi~p o~ affectiny ~ny option. IiM, p~rify p •~qh~ v~der or by virr~e of this mcrrgage and the full amovM of esth snd every s::ch payment ahal! be immediately dua •nd p.ybk ~nd sh~l1 bear interpt k '•c~ rhe da+e rFe~eo! :,~t~~ pa d n~ rate of n;ne per centum per annum end ~oyether w~th tuth interest shell be ucured by tha lien of th's morgrage. MC ' T y , ~ ~ ~ `~'~ec~v- -2- y~,+f ~ ~~~v*ax_s.w~ . _ F . _r