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Home My WebLink About1486 ~ • r ~ ~ 305925 ' TNIS INDENiURE. N1ade the 27th d~y of March A.D. 19 75 between ~ Robert D. Collison and Wilda J Col~'son,_ hic wife } of St _ 1_uCi~ County Ftorida, hereinaher des~gr,ated as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporat~on wganized and existing under the laws of the Un~ted Statos of l~m~rica and Mvirg iri principal plac~ of ~ buiinau in tM Ciry of Fort Piacs, 5~. lucie County, Flaida, hereinaf~er design~ted as tM "MORTGAGEE:' 3O s~0 • 0O and Iawful money of 1he United ' WHEREAS the MORTGAGOR is jue~ly indebted to ~he MORTGAGEE in the sum of S 9~ S~aees sdra~ced by ~ha MORiGAGEE unta the MORTGAGOR, as evidenced by a cer~am promissory note oi even da~e herewith, of which ths followinp lo ± wo~ds aod Ggures is a t~us copy, to-wl+: Z1OOO303 ~ s30 , 000. 00 No Fort Pierce, florida, ~lazch 27 ~y7.5 For va~~e received, t, we or e~thrr oI us, erom~se to pay, wi~hout defalca~~on, to d~e orde~ of FIRST FEOERAI SAVINGS AND LGAN ASSOCIATIQN OF ~ ORT PIERCE at Fort Piarce, Flor~da, thr ~um of S_3O L~~• v.ith ~nteresf from date af the rata of 8• 7~ pW amum, in monthly iostal6 ~•~~nrs as ioilcws: 5--247•~~ ui 1ha 2~thday of ~`Ju1~7 . 19.75 and a like sum on the correapond:ng day of eac~h mortth.fhere- ,~re; until ~he whole be fuNy ya~d. Each installment iirst shall ba applitd in payrnem of the irterest and tF.en on the unpaid balance of fhe prinrpaS w!n. If default ia, made in the }.,r~nent of any in:tal!ment when due, and such default continues 30 days, then at ihe option of the holder, and without any other r:7lice, all the temaining ~ ~~.;ta!6nems shall be due aod payai;le at once. Privileye is givrn to p~epay this note in whole or in part al any time withoul penalty. Neithet /orebearance, ~:or acceptance by the h,lder thereoi afrer any default in any payments F.rreon, shal! be deemed extension. A iafe paymeM charge of 3 12. 35shs~~ be ~ ;i:l_d to each instalimeni remain;ng unpaid 7 days afrer iis due date, and q like sum shall be added to each such instailmem reo~aining ~npa+d 7 days aftet ~•xh succeeding peyment date. ~ i Each maker, surety and e~Tdorser t~ereof, joint:y and severally, waives drmand, presentment protest nnd notice of protesf for nonpayment, and further .~:~rees to any eztension of t~~r.e of payment, either be(ore or afier matur~ty, without nohce to any of us; and to pay all costs of tollection, ineluding a .~cnable atromry's fee the event of any defa~lt hereunder, and hereby severally waives all be~efit of homestead and exemption under fhe constitWion ~ d~aws of each State of the Vnited ~tates, as against this obligation w any rxtension o~ renewal hereof. Witness the hand and seaf of each party. S/ Robert D. Collison ~E~ cs~?~) S/ Wilda J. Collison ~U $4S. St~te Revenue (~U :c ~6?G1GpX7~aliiCtKX2faX~i+X~KK i NOW, THEREFORE, the MORTGAGOR for the purpose of securing payme~t 8f sa4d sum oi S 3O f~~ • and the performarxe of the y ccvenants and agreements hereinafter expressed, and for d~vers good_and valuabk ccnside~ations, by these prese~ts, does grant, bargain, sel1, remise, ! ,:e:,ne, convey arad confi:m uMq the MORTGAGEf, its wccesson and ass;gns, al: that certain (ot, piece or pute) of Isnd, situate, tying, and being in the ~ County of _ St . LUC1@ _ and State of Flonda, desuibed as folfowt: L~t 8, Block 39, LAKEWOOD PARK, UIVIT NO. 4, according to a Plat thereof ~ recorded in Plat Book 11, Page 2, Public Records of St. Lucie County, r' 1 o ri da. /a30/ -!o O~- 0~2./Q2- oQ0/O And mortgagors covenant that they are the identioal individuals named as grantees in that certain Warranty Deed from Mthorry Micale and Jennie Micale, his Wife, sometimes kno~m as Anthor?y Micali and Janie Micali, his Wife, to Robert Collison and Wilda Collisen, his Wife, bearing date of September 10, 1973, recorded in 0. R. Book 218, page 2161, of the Public R~ecords of St. Lucie Co~unty, F2orida. ; i r ~ ~ SI~~~TE ~F ^~L~R~Cl~. ~ ~ ~L _ DOCUMEt~iTARI-. tT~,~ ~ T~1. t, o- od ~ .sE?:. Of REVENUE ~~.`;s;, - ~ ~IM~ MI MYUtcI~ROF TAX~ -~c r'- ~ ON CLASS'C' INTAN618LE PE.c,;ti.,~L P.Z02ER~If, ~ <<. M = P~. = . : 5 4 5. -0 0 ~ ~ ~o c~r~ ~ n _ t~.~ n•i~, ~crs oF i9ii t o t, _ ~ 110GER Fb[i~A6 - c~tnc c~a,rc oouxr, s~, wc~ oo~. Eu ~ . •-~~e!her with al; and aing~lar the tertements, hereditaments and appurtances thereunto belonging o? in enywise appertai~i~g iheteto, ~nd all rents, iuues, .:•cceeds and profits accruing and to accrue from aaid premises, all of whicb are included in the above snd fwegang destriptqn and habendum. ' TO HAVE AN TO NOID the above drscribed and granted premises unto the said MORTGAGEE, its suctessors and aisigns forever. And tM s~id ~ ~hei r ~ :•.uRTGAGOR fw he~rs, executors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its successon and astiyro, the are •r,a• -Y- lawtuily x~z d of the said prem~ses in fre ~imple; that the same sre free, clear and diuha~yed from all liens and enc~rr~ R ~ ~ances in law or in equNy, and that t ey will and their hein shsll warraot and defend the title to the same to the said ~:.ORTGAGEE, its successora and assigns, forever against the lawful claims and demands of all pertora; ~ PROVIDED, ALYlAYS that if the MORTGAGOR shatl pay uMO the MORTGAGEE the promissory rate hereinbefwt dewibed and sMll fruly, promptly d futly perform, d~scharge, execute, completa comply with and abide by each a~d every the stipulations, agreements, conditans +nd covenanfs of said " ~o r.~ssory nutr a~d of this Mortoage, tAen this Nbrtgage and the Estate hereby ueated shall tease and be null and void. ~ ' ~ i ~ ~ IT IS UNDERSTOOD that +he wwd "Mortgagoi' whelher in the singular w plural anywhere in thif Mortgsge, shall be singulu if orK only ~nd ~ s~.al! be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgsge shall be bken to mean "his;' "h~n,' '1n,° wherever the conteat so impiies w admits. A1so, that wherever ihere is a referente in the tovensnts and agreemenh herein tontained fo sny Of ~ r.e parries hercto, the same shall be construed to mean as well as the heirs, legal representatives, successws sod ~ssigiu (eithe? volvntary by att of the ~ :~a-t~es or invotuntary by operatio~ of the law) of the same and that the covenants herein contained shall bind and the benefits and adwntsgq inure ~ •u the respective heirs, lega! representatives, succeswrs and ass'gns of the parties heroro. ' ~ And said Mortgsgors, for themselves and their heirs, legal ?epreuntatives, suuessors and assigns, hereby joi~tly and severally covensnt and ~gree ~ ~ ~o a~~d with the said MORTGAGEE, its successws and assigns: ~ ~ 1. To pay ali and singula~ the principal and infere~t and the various and sundry sums of mor?ey payable by virtue of said promiuoty note, and thit ~ ~ ~ ~-.o~tgage, each and every, promptly on the days respedively the same severally become due. ~ ~ 2. To pay all and singvlar the taxes, assessments, levies, liabilities, obligatio~s and encwnbrarxes of every nature and kind now on said described property, or that hereafter may be imposed, suffered, p~aced, levied, or suessed thereon, w that hereafter may be levied w assessed upon this Mort¢ age, or the indebtedness secured hereby, each and every, whcn due and payable, xcording to law, befwe they become delinquent, and befwe arty interat ~<<c~.es or any penalty is incurred; AND INSQFAR AS ANY 1NEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF GECORD AND THE ORIGItvAI OFflCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ~~k CERTIFIED) SHALL BE PLACfD IN THE HANQS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event tF~at eny thereof is not c-:d, saf ~fied and discha~ged sa:d MORTGAGEE may at any t~me paY the same w any part thereof without w~iving o? affectinp soy option, lien, equity w ~~:;hr ~r.der or by virt~e oI rhis mortgage and fhe full amovnt of each and every such payment shal) be immediately due and payable and shall bear in!ereft a,~• rate of nine per tentum per annum and together with suth interett shall be secured by the lien ~f th's morgrzge ~ . . . . _ ~ -~z-..,.. 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