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Home My WebLink About0109 ~.l~~yalb ' . THIS INDENTURE, Mads ~he 3rd day of ~'1F?ICZI A.D. 19?~, between . ThQmas L._, loan~~_.IS~t~ R_ Sinan, ~i4 ~t3.f~ " of $t • l+UC1@ Counfy Florida, hereinatfe~ des~gnarap~ y tye °HI~~C~QR." And FIRST ff.~ERAI SAVINGS ANO IOAN ASSOC~ATION OF FORT PIERCE, a corpor~t~on o~yanized end e:isting uncler the Iaws o( 4he Unlt Sta~+1 of America and Mving iM principal place of buiineu i~ tM City of Fwt Pierce, St. lucie County, F~wida, hereinafter designated a~ ?he "MORTGAGEE." WHEREAS the MORTGAGOR ~s juttly indebted to the MORTGAGEE in the su:~e of ; 13~600. ~ good and lawiul money ot the Un~ted States advanced by the /dORIGAGfE unto ~he MORTGAGOR, es evidenced by a cena+n p~omissory nole of even date herowith, of wh:ch ttw lollowing io .vords and fiyures it a true coyy, towil: . 3].3,600.00 t~, lOQ 1~ 204 Fo+t Pierce, Flo~ida, ~Y C~ ~ 19.1~. For va!ue received, I, we or eirher of us, ~rom~se 1o pay, without defalcat~on, ~8 the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF Fi)RT PIERCE at iort P~z~c.e, Horida, th~ sum or s13,600.00 _,~,,;t:, ;,,rervse from date at the rate of Qa..~~9'o p~r ennum, in monthly install- :,~s as fol!ows: =_125`00__ on the 2~h dey of _-Yr ll 1~j 75 and a like sum on the correspond~ng day of each manth thera- arter ~ntil the who:e be f~tly paid. Each ~ns!allment (irst shall be appl~ed :n payment of the interest and then cn the unpa~d balance of the princ~pa~ sum. If default is mad~ in the F 3,n~eN of any installment when due, and wch default continues 30 days, then at the upiion of the hoider, a~~d without any other notice, all the iemaining ~nstallments shall be due ar.d payable at once. Pr~viiege is givan to prepay lhis ra~e in whole or in pan at any time withoW penalfy. Neither forebea~aoce. r.or acceptance by the holder thereof alrer any default in any paymcnrs hereon, stialt be deemed exsension. A!afe paymem charge of S~-..~-, sfial) be -;i~i_d ro each ins~altment remaining u~pa.d 7 days after its due date, and a IiRe sum sf~atl be added to each wch instaliment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorse+ herecf, jointly and severally, wa~ves demand, presentm.ent protest and r.otite of protest fw rtonpayment, aod fu~ther a~rees to any extension of t~me oi payment, ~~rner baFora or alter ~-~a~ur~ty, wit~,o~t not~ce to any of us; and to pay all costs of collettian, includ~ng • ~~eonable attorney's iee m the event of any defa~!t hereunde~, and hereby seve~aLy waives a~l benefit of homestead and exemption under 1Fk constituYan , d!aws of each S~ate of the United States, ~s aga~nst this obS~yation or any ~a:e~~sion or renewa~ hereoi. Witness ~he hand and seal of each party. s/?homas L. Sloan ~AU cs~?u ,~j 1eAnn R_ Sloan ~En~~ • $20.40 cs~?u _ Srate Revenue 5+~+~pr ~ewc~Ned ~rigw~t-Mf~}- NO'JV, THEREfORE, the MORTGAGOR for the purpose of securin4 payment of said sum oi S 13 ~6~~• ~0 , and the perfwmance of the cc~enams and agreements hereinafte~ exp~essed, and fo~ d~vers good and valuab~e cans+derat~on~, by these preunts, doea grant, baryain, sell, remise, .:e~~se, convey and confirm unto the MOR'GAGEE, its auccesson and assigns, a!t t~at certain lot, piece or putel of land, situate, lying, and beirg in the County of St _ 1_»r i p_ and State of flor:da, described as fo~lows: The West 45 feet of the South 110 feet of Lot 8, and the Bast 5 feet of the South 110 feet of Lot 9, all of Block 1 of DUKBTT'S R6-SUBDIVISION, as per plat thereof on f ile in Plat Book 3, Page 33, of the Public records of St. Lucie County, Florida, " ~~09 - 8~a - oao7- aov/~~. ~ ~ ; ~ . _ i ~ F L. C~ R? t=% o Rc+ . ~ ,L ~ T,J~ E, ARv _ 51l•MP { ~i ~?P~ 1P~' = _ _ 1 ~ o~ <<:, ~tF~t. ~:F K~.vE~:uf - ~ µ~s z _~r~-.~;~~~=;~~`' 2 0• 4 0 t `~~~Fu. =~r ~ = PB - . oc`~~ p0 ,G~ ~ : , ; : ~ 0 ~'~4.~~t~ ~0 IN°~R.~, st. ~ i ~ _ Q ; ~ ~ JW-- " . . . . . . ~`~`t o;e!her with all and singular the tenements, hered~tamenfs and appurtances thereunto belonging a in anywix appertainlny fhereto, u?d all r~nis, issues, ~~oceeds and profits accruing and to accrue from said premises, all of which are included in the ~bove +nd fwegoinp dewiption snd hsbendum. TO HAVE AND TO HOID the sbove described and granted premises unto the said MORTGAGEE, its successoa ~nd assigns forever. And the saW ','.ORTGAGOR for th-~-ir heirs, executors, administrators and assigns, hereby covenants with the iaid MORTGAGEE, it~ succeuon and ~sii~ns, they are :~.et - lawfully seized of the said premises in fee simple; ?hst the same are free, dear and distMrgad from all liens sed tnturt~ ~ ~rances in law or in equity, and that theV wi11 and their hein thatl wurant and defend t}?t title to the sartta to ihs tsid ~ :'ORiGAGEE, its successors and assigns, forever against tF~e lawful claims end dema~ds of all persons; ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory oote hereinbefwe described +nd shall truly, promptly ;F? ,~-d fully perform, d~scharge, execute, comptete, comply with and abide by each and every the stipulations, agreements, co~ditions aod covenants of said , r: m~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created thall ceas~ and be null and void. ~ ~ !T IS UNOERSTO00 that the word "Morrgagor" whether in the singular or plural anywhere in this AAortgsge, shall be sinyular if one only ~nd ~ sha!I be plural p~rt!y snd severally iF more than one, and that the word "the~r" as used anywhete in thit Mo?tgsge shtll be taksn to mean "hit" "heq;' "its," wherever +he confex~ io impiies or adm~ts. Also, that wherever there is a relerence in the covenants and ayreements herein contained to any of !he parties hereto, the ssme shall be construed to mean as well as the heirs, legal representativa, successor: and aasi9ns (eithe~ votuntary Dy atl of tM ~ ~ :,arflea or involuntary by operation of the law) of the ssme and that the covenants herein contairxd shall bind and ths benefits and adwntayes inur~ •o the respedive heirs, legal representatives, suctessws and ass~gns of the parties hereto. Q t And said Mortgagors, fw themselves and their heirs, legal reprexntatives, successws and a~signs, hereby joinfly •nd severally cove~ant and ~pne ~ ; ~o and with the said MORTGAGEE, its tuccesao?s and asiigns: ~ ~ 1. To pey all snd singulsr the principsl and interest snd the various and sundry sumt of money p~yable by virtue of said promissory note, ~nd this v ~ ~~-ortgage, each and every, promptly on the days respectively the same Kveraily become due. ~ ~ 2. 1o pay a!I •nd singular the taaes, assessments, levies, li~bitities, obligations +nd encumbr+nces of every nature and kind raw on said described ~ ~ property, or that hereafter may be impoud,.suffered, ptaced, levied, or assessed thereon, or that hereafter may be levied or usessed upon this JMorp- ~ge, o~ the indebtedness secured Fxreby, each and every, when dve ~nd payable, sccwdinp to law, befae Ihey become delinqueM, and befor~ a~y inttrt~t ~t a+raches or any penalty is incurred; AND IDJSOFAR AS ANY TNEREOf IS Of RKORO THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGEO OF ti~[ ctECORD AND THE ORIGII~AI OfFIC1AL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED ~o OR CfRTIf1E0) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN iEN DAYS NEXT AFTER PAYMENT; and in the event Ihat sny thereof is not o0~ pa~d, sat'sfied and discharged sa:d ViORTGAGEE may at any time pay rhe same w sny part the~eof witho~t waiving w affectir+g any option, lien, equity w •~qht under w by virtue of this morrgage a~d the ~ull amount of each and eve~y such payment shall be immediately due snd payable and shall bear i~terest ~~o~. ~~e da!e rf;e•e~f -f ar rate of n~ne per cent~m per annum and toge~he~ w~th such inte~est shall be secured by the lien of tn s morgtagt. ~ } ~x ~'s - - - - - - _ - - - ~~t ~ ' ~Y $:.3