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Home My WebLink About0846 _ `~Q'~Q Jq • THIS INDENTURE. Made the_JZth day oi April " A.D. 19 7S , betwsen _ Dale H. Adams and Kathleen G. A~lamss_his wife _ of St . LuCle Counfy Florida, hereina(te~ dtsignated as the "MORTGAGOR," and FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpwat;on o~ganized a~d cx~s~ing unde~ the laws of ~he Un~ted S~atos of Am~~ic~ and Mving itt principal pi~ce of bUsinss~ in fhe C;y of Fwt Plerce, Sf. lucie County, Florida, hereinaf~er de~~gnated as the "MORiGAGEE:' WHEREAS Ihe MORTGAGOR is jwtly indebted to the A10RTGAGEE in tho s.,m of 28T90QiQQ___, good and lawful monay o( the Un~ted S!ates ad~anced by the MORIGAGEE uroo the MOkIGAGUR, as evidrnced by a c=rta~n promissory note of even date herew~th, of wh~ch the following in Aords and figures is a true copy, to-wi?: 13000011 s 28 L900 . 00 No forl Pierce, Florida, Apri l 4 19 7 5 For value received, 1, we w eiiher.of us, promise to pay, w'rthout de~alcatcon. to the order of FIRST FEDERAI SAVINGS AND IOAN ASSlX1ATION OF 'C;kT PiERCE at Fort Pierce, flu.ida, the sum of S- ~~~9~~.QQ_._.____ w:rh ~nteresl 1rom date at the rate of ~~~~6 per snnum, in moMhly install- .,~a as fol!ows: S-?~8-z~ _ on the ~2Othday cf __~~uly 1q75 _ and a like sum on the co~~esponding day of each momh there- ~rrer until the whoi~ be fuHy paid. Each installrneN first shall be applied in payment of t!~e ir,terest and then :•n the ~npaid ba!ance of the princ~pal sum. If default is made in the ~;~nent of any inst~Ument when due, and such defaul! conrinuzs 30 days, then at the option af the holder, and without any other notice, all ~he remaining ' i o~lfnents ahail be due and payab!e at once. Priv~lege is given fo Qrepay this note in whote or in part al any time without penalty. Neitber forebear~nce, r,or acceptance by rhe hotder thereof airer any defautt in any payrnems hereon, sh3!! be deemed extens~on. . A late payment charge of S-lli~ shall bt ~_f~ d to each instdl(ment remain~ng unpa~d 7 days after its due dare, and a iike wm shalf Le added to each such installment remaining unpaid 7 days after :•,ch succeeding payment dare. _ Each make~, su~ety and endorser hereof, jointly and severafly, wa~vea demand, p~esentment protest end notite of protest for nonNayment, and fu?1he~ i~~~ees !o any exfension of time of payment, eithrr bc-fore o~ after matu•ity, withaut nor:ce to any oi us; and to pay all costs of coilection, includang a ,:onable attorney's fee ir, thc evenr of any defauh hereunder, and hereby se.erally waives al{ benef~t of homestead and exemption under 1he constilWion ~aws of each State of the Un~ted Stafes, as aya~nst this obi~gation w any extem~on or ~enewal hereof. Witness the hand and seal of each party. s/ Dale H. Adams (SEAL) (SEAI) s Kathleen G. Adams ~~A~~ ~43.35 - - - csEa~) _ St_te Reven~e _ ~mprceweellei erigw~d-n~te) ' NO'N, THEREFORE, fhe MORTGAGOR for the purpose of securing paymc~f of said sum of j 28 ~ 9~0•0~ , and the perfwmance of the co:enants and agreemc,~ts hereinafter expressed, ar.d fw dwers good and vaivable cons~derahons, by these preseros, does gront, bargain, sell, remise, ~.c~se, convey and confi~m unto the MORTtiAGEE, irs successors and assigns, all that certain lol, piece or parcel of (and, situate, ly'~ng, and being in the ~eunty of St . Lueie and Srate of Florida, descr~bed as follows: Lot 27, Block 233, PORT ST. LUCIE, SECTION 28 as recorded in Plat Book 14, Page 7 of the public records of St. Lucie County, Florida `3yav-~3~ -o~o~- Gr~n/~ i - \ ~ ~ 'V ` ` /~t~~~'' ? G~~~~ ~ 3~ ~ c~/ ~ ~ ~ ~ ~M1~ `~~y : f ~ / 4 G - 1: Y~"i r 1~ ~ ~ ' ~~t`~ _ ~~r - • ~ ' i ~ ~1; - - : v-tY` _r ~ ~ ~1 ; ~ ~ ` ' J _ pcnr..~ ~ ~ ' ` ~ f , : ' ^ .vc~?CO ; ~ . :L i ~ ` ^ ' ~g. i~ ~ ~~1/13S~R~~~1M P~yy~. ~ T~ : c~ ~2•13~, IEOPEAry ~ ` , ~LFqK ~6ER s QF 1911, . ~ ~ ~ < ; ; •=,~e~her with all and singular the tenements, hereditaments and appurtances thereunto belonging or in •nywise sppertaining thereto, and all rents, issues, . o:eeds and profits accruing and to accrue irom said premises, all of which are irxluded in the above and foregoing dewiption snd habendum. ; TO HAVE AND TO FtOlO the above descri6ed and granted premixa unto the said MORTGAGEE, iri successors and assigns forever. And 1Fw satd their ~ '.+CRTGAGOR ior heirs, executors, adminis~rators and assigns, hereby covenaMS with tF~e said MORTGAGEE, in iuccessws ~nd suipns, the a re ~ •..~r - Y------ lawfully seized of the :aid prem~ses in fce simple; that the same are free, clear and diuharged from all liens and encvm- ~ ,•ances in !aw or in equity, and ~hat_ they will and their heirs shall warraM and defend the title to the isme to the said ' ~ ~RiGAGEE, its successors and astiigns, fwever against the lawful claims and demands of aIl perwns; ; ~ ~ ~ PROVIDED, AIWAYS tF~at if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe desuibed ~nd sFull tr~ly, promptty ~ ~-d fully perform, d:scharge, execute, comptete, comply with and abide by each a~d every the stipulations, agreements, conditions and covenants of asid ; ` •o-.:;ssory note and of this Mortgage, then this Mortgage and the Estate hereby treated shall cesse and be null and void. ~ " ~ IT IS UNDERSTOOD that tfie word "Ntortgagor" whether in the s~ngular w plural anywhere in this Nlortgage, sbsll be singular if one only and ~ ~ r~; s'-.ai; be lural "ointl and severall if more than one, and that the word tluir" as used an here io this Mat P I v Y ' yw 9a9e shsll be taken to mesn "his: •••Ixn: ' x~ ~ ~ ,"~ts;' wherever the coroeat so impfies w admits. Alw, that whereve~ there is a reference in tix covenants and agreements herein cont~ined to sny of ; r~; ~ parties hereto, the same shall be co~strued to mean as well as the heirs, legal representatives, successws and assigns (either vOlu~tary l+y ~ct of 1M ~ carf~es or invoturtary by operation o~ the !aw) of the same and that the covenants herein tontained shall bind and the benefiti and ~dv~ntsges inurt E ~ c fhe reipective heirs, legal representatives, successo?s and a~rgns of the parties hereto. ~ ~ And said Mortgagors, fw themselves and their heirs, legal represeniatives, successws anc! assigns, hereby joiotly and severally coverunt and a~ree > ~ +o and with the said MORTGAGEE, its successors and assigns: ~ ~ 1. To pay sll snd s~ngular the principal and interest and the various and sundry sums of money p~yable by virtve of said promissory note, ~nd this ~ - rt a e, esch and ever rom tl on the da s res ctrvel the same severell become due. ~ ~ 99 Y.P P Y Y Pe Y Y ~ a 2. To pay all and si~gular the taxes, assessments, lev+es, liabilities, obligations and e~cumbnntes of every nature and kind now on uid destribed ~ ~ c~operty, or that hereafrer may be imposed, suffered, placed, levied, or assessed thereon, or thal hereafter may be levied or sseued upon this Nbrf¢ ~ age, or the indebtedneu secured hereby, each and eve?y, when due and payable, sccording to law, beiae they become delinquem, and befue any interest •r_ches w any penalty is inwrred; AND INSOPAR AS 4NY THEREOF I$ OF RECORO THE SAME SHAII BE PROMPTIY SATISfIED AND DISCMARGED Of %_CORO AND THE ORIGlNAI OFfIC1Al OOCUMENT (SU~H A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO Ck CERTIFIEO) SHAII BE PLACED IN iME HANDS OF SAID MORTGAGEE Y/IiHIN TfN OAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not d, sst'sfied and discharged sa'd MORTGAGEE may a~ any time pay the same w any part thereof without waiving or affecting any option, lien, equity or ~ ~,~hr ~nder or by virtue of th~s morrgage and the (ull amount of each and every such payment shall be immediately due and payable a~d shslt beat interest +n~ ,;a•e t~e.e~f „nr I~a d at .ate of mne per tentum per annum end together w'rth suth interest shall be secured by the lien of +h s morgtage Y~~ ~ ; ~ . i .-v:t~. ^f, ~'~~~'`L~~' h~ ~ y !i .'TS'°~ '.=i'