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Home My WebLink About0258 ~~aso~.z THIS INDENiURE. Made the 26th d~y o~ _ March _ A.~. ~9_7S batween r c a~l.~ofv3n, a wicbwer ! of St . 1-uCie ~ CouMy Flw~db hcreinafler deiignafed as the "MORTGAGOR," and FIRS~ FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, s co~paation wgani:ed •nd exiiting under 1he laws o( fhe Unilcd Sfs~os of Americ~ and Mving its principal plac~ of b~s~nets in the City of Fort Pisrce, St. lucis Covnty, Florid~, herei~afler des~gnatsd a~ ths "MORTGAGEE:' ~ WHEREAS the MORTGAGOR is justly indebtad to the MORTGA(3EE in ihs wm of S-- 15~-~~'~~- good and lawful money of the Uni~ed ~i~tes advanced by the MORTGAGEE unto the~/~A~RTC~1G0(~as ev~denced by a tertain promissay note of even dalq herewith, of wh~ch the (ollowing i~ :.ords and figures is a trve ccpy, to-wit: ~ , s 15~000.00 ~p a.3QQ~008 ' Fort Pierce, Flo~ide, March 26 ~9.~_ ior value received, I, we w eithe. of us, prom~se tQ Fay, wirhout defaica~~on, to ~he ordrr oi FIRSi FEDERAt SAVINGS ANO LOAN ASSOCIATION OF ~:;Ri PIERCE at Pat Pie~te, Florida, the sum of S 1SL~~•0O wnh ;,vertst from dale at the rate of 8•7~ per annum, in month~y install- ~,~s as tottows: S_124'~____ on the 2Ot~ay of 19_75 and a like sum on the cwrespondiog day of each month there- untii tF~e whote be fufly paid. Each ins~sllment first shall be appl~ed in pay~nent of the in!erest and then on !he unpaid balance of t{~e princ~pal s~m. If default ia made in the , nent of any iostaliment whan due, ar,d such defauh contirwes 30 days, then at the option of the holder, and without any mher notice, ail, tht remaininfl s~allme~ts shall 4e due and payabte at once. Privilege is yiven to prepay this notr in whole or in part af any time w+thout penalty. NQithe? forebearance, - o- acceptance by ~he holder thereof aiter any default in any paymeMS hereon, shall be deemed exter.sion. A late payment tharge of = 6• 2~ , shsll be d to each inatatlment remamiog ~npa~d 7 days after its due date, and a I+ke sum si,ali be added to each wch instaiimmt ~emaining unpaid 7 daya afte? ; •:ech avcceeding paymem date. Each maker, surety and endorser hereof, jointly and severally, wa~ves Jemand, presenrment protest and notice of protest fw nonpaymQnt, snd further ;~~~ei to any extension of hme of payment, etrher b=fore or aiter marurity, wi~nout no!~ce to any of us; and to pay all costs of collection, includ+ng a ,;,nabie attorney's fee in the event of any dcsault nereunde~, and hereby seve~atly wa~ves ali benefit of ho:nestead and exrmptioa under the tonstitution aws of each S~ate of the United States, as aya~nst this obl+gation ot any eater.s:on or rene~vai hereof. i Witness the hand and seai of each pa~ty, ; s/ Francis W. Colvin, a widowe r ts~?~~ ~ y - - ts~?u ~ 22. SO (SEAI) r , ) S1ate Revenue , z .:*e~pstMiRdled-O~-OSi~iwal woie) . NOW, THEREfORE, the MOR7GAGOR fw the pvrpose of securing paymem of said sum of S 15~~~-n~ , and the performance of the ,o.enants and agreements here~naNer e~pressed, and for divers gchd and vsluab:e :onvda.at~o~s, by these presems, dx~ grant, ba~gain, selt, remise, { :._ase, co~vey and conf~rm unto the MOAiGAGEE, its wcceasors and assigns, ait that certain Iot, piece or partel of land, sitvate, lying, and being in ths Ccvnry of St. LUCle and State of florids, described ss follows: Lot 18, Block 244, PORT ST U!CIE, Section 6, as recorded in Plat Book 12, page 36A of the public records of St. Lucie County, Rlo rida ~'~''~"Z ~'~"2 00'S~lv - O~ U~~ ' ; ' s , « ~''i~r ~ `a , ZP~'~ ~ .J~ P~,-h ~ /~7~ ~ l ` ~Q~~\'l~ ;-C ~N p,R'' ~ Z, ~j Q ~ 6•' ~Q n~~~9>>' t ~ ^ f ~G:~ :~~rt~~~,~:~~ ~~=1' ~ L, / ~~~E~gO~ ,~1~? Y ~ : ~~FF,,.~_ 3 ~Ew ~ ~ J • ; M~ ^ ~C A E z ~ ~ ; ~a ~~~~,~•~~r f ~ ~ ° ~,e ~ c~' _ i , - i ~ ~ ' . ~ •cge+her with all and singula~ the tenements, hered~taments and appu?tances thereunto Ixlongirg ot in anywise sppenaining thereto, and all rents, issue~, ~ ~ :~eceeds and profits accruing and to accrue from said premises, all of which are included in the above ~nd foregoing dewiption snd habendum. 4 e TO HAVE AND TO HOtD the above described and granted premites unto the said AM1ORTGAGEE, its succeisws and assigns forever. And tM ~aid ~ > 3 ORTGAGOR for h1S--_--_ heirs, executors, administrators and assigns, Fxreby covenanri with fhe said MORTGAGEE, its s~rccesso?s and aqipro, ~ ~ _31 he_15______ tawfully seized of the said prrmius in fee simpte; that the same are free, dear and discharged f~om all liens and encum~ ~ i rrances in law or in equity, and that he w711 and h15 heirs shal! wartant snd defend the title to tF~e same to the wid ? ~ :~2TGAGEE, its successors and assigns, forever against the lawful daims and demands of all persons; ~ PROVIDED, AIY~AYS thar if the MORTGAGOR shall pay unto the MORiGAGEE thr p~omistory note hereinbefwe dexribed snd shsll truty, promptly ~ . d f~{iy perform, d~scharge, execute, comptete, comply with and abide by each and every the stipulations, agreements, conditions and tovenants of said ~ ; -cT~ssory rrte and oi this Mwtgage, tne~ this Mortgage and •the Esrate hereby created shall cease and be null and void. ~ _ ~ IT IS UNDERSTOOD that ~he word "Mortgagw" whether in the s~ngular or plursl anywhere in this fAatgsge, shall be singular if one only •nd ~ s~-~f! be plural joimty and severally if more than one, and that the wwd °their" as used anywhere in this Mortgsge ih~ll be taken ro mean "his;' "F~en," A' ~ ~ ' ~rs;' wherever the contex~ so implies w admits. Alw, that wherever there is a reference in the covensnts and agreements herein contsined to any of r~t ~ e parties hereto, the same shatl be constroed to mean as well as the heirs, legal rapresentative:, successws and suigns (either votuntsry by act of tM ~ ~ oa~rtes w involuntary by operation of tne law) of the same and that the covenants herein contained shall bind ~nd the benefitt and advantages inwe av ~ ~ ; rhe respective heirs, legal representatives, successors and ass~gns of the parties hercto. $ ~ And ssid Mortgagors, fw themselves and their heirs, legal representatives, successors and assiy~s, hereby joiMly and uverally covenant •nd ayr~e " ~ ~o and with the said MORTGAGEE, iis successws and ass~g~s: ~ ~ ~ 1. To pay all and singular tne principal and interest and the various snd sundry s~ms of money payable by virtue of said promissory nofe, snd tha ~ ~ •rcrtgage, each and every, promptly on the days respectively the ssme severally become dve. v ~ 2. To pay stl and singular the tsxes, a~sessments, levies, liabilities, obligations end encumbrancea of every nature and kind now on said destribed ~q ~ s~ F~operty, w that hereafter may be iYpoied, suffered, placed, levied, wyable, xead /~to aw~beforresthe m6ecome'del~ uents nd befoPre~~j~in~,e~ ~ ~ a~e, or the indebtedness secured hereb , each ~nd every, when due and ng y nq y ~ ~ ~~~-ches a any penally is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL 8E PROMPTLY SATISFIEU AND DISCHARGED OF ~ =:CORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFf1~IAllY ENDORSED _ ~JR CERfIFIED) SHAtI BE PlACEO IN THE HANDS OF SAID MOR7GAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event fhat ~ny thertof is not { ; a~d, sat'sfied and discharged sa d MORTGAGEE may at any t~me pay the same or any part thereoF without wsiviRg or s(fecti~g any option, lien, equity w ~ •~qh? ur,der w by vi~tve of this mortgage and the full amaunf of each and every such payment shall bt immediately due and paysbk a~d shall bear interest . ~rc~ ~he dare r~~~eo' c~+ i n• d a~ .ate of nlne per cent~m per annum a~d together with such interest shall be secured by ihe lien of th s r*,oryrage '`2"a°`r" ~n.,:e 'n4 . z'. ~ _ . _ . _ . _ <Y:"~' - ~ ~ a~~C at.. r. . .,:t`:* ~ -3-t' , ~ t=' _ ~sF-.~z, .