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Home My WebLink About2630 ~ 306720 TNIS INDENiURE. Made ~he 8th day of April _ A.D. 19. 75 between Eiurnie D. DeSpeldei and ~ta nA~: DeSpeldeY, his wite of St • 1.L1C1Q ~p~~fy Florid~, hercinaitcr desgnaird as tiie "MORTGAGOR," and FIRSf f~DERAI ~AVII;~S A'JO IOAN A550;.'IATION OF FORT PIERCE, a to~poration aganized and existing unda tt~e laws of the Un;ted Sratas of America end having in p~incip;! piece of bus~ness in tM Ci1y of fo~t Pierce, St. lucie County, Ftorida, hereinafter designated as the "MORIGAGEE." WHEREAS Iha MORTGAGOR is justly indzbted to the MORTGAGEE in the sum of S?Ss-6Q~-4Q___._, good and lawful money of the Un~ted S~:j~es advanced by the h10RTGAGEE unto Ihe h10R(GAGOR, as evidencrd by a ceri~;n pron:~ssory note of even date he~ewith, of •wh~th ihe follovving in ..o~ds and f~gures is a ~r~~e copy, tow~i: s? 5, 6p0.00 13000015 - No Fort Pierce, Flo+ida, Aprll 8 19 7$ fw vatve received, 1, wa or either cf vs, pro~n,se te psy, without de{a cet~on, to ~h~ ordrr of FtR~T FEDERAL SAVINGS ANO LOAN ASSOCIATION OF ;:ti PiERCE a1 Fo~t Pierce, Fbrida, the sum of s 25~6~.~~• w:th ,,,~r _s~ trom dere at tha rate of __8!?0,S per ann~m, in monthly insta~l- - ~ vs as fol'ows: S_?_ll•~_ the 20th day of ~~ay 19._ 7S and a like sum on the correspond~ng day of each month therr ' until the whoie be !ully paid. Eath install~ienr first shall be appGed ~n payment of the inrerest and then on ;he unpaid balance of the pr~nc~pal sum. If default is made in the ,,,~nent of any instafiment vvhen due, ar.d su:h dc•tault cominurs 30 days, then at rhr oFri~n of.the ho!der, and withouf any other notice, all the remaining .~,,I~ments sha{I be duc and payable at once. Prrvileye is giv.:n to prepay this nate in whote or in part at any time without pena3ty. Neifher forebea~ente, acce tance b the ho~der thereof after an defaulf in an a nents he~eon, shall be deamed rxtension. A late g 1~ 55 P Y Y y p y~ payment char e of 5----_' shall be i,d ro each instafiment ~emain~~g unpa:d 7 days etter its due date, and a Gke sum shaii be added to each suci~ Instal(ment remaining unpaid 7 days aEter ~•~cn succeeding payment d:;te. Each maker, sure?y and endorsrr hereaf. jointly ar.d sevrrepy, watves de :~ar,J, pre;~ntment protest and not~te of protest for nonpayment, and further ,~•as to any exrens~on of t;me of payment, e~rher bafore o~ after maty•ny, wi+':o.,t n;,r:ce ro a~~ of us; and to pay af! costs of collection, indud~ng a -•,able attorney'a fee in the even~ cf any default he.e~n3e~r, and hareby s~•.~e~altr .vaives afl benef~t of homestead and exemption urtder the constitution . t'aes of exh S~are of the United Staics, as aya~ns! thn obi~gar~on or any ex•ension or renewal hereof. V~itness the hand and seat of exh p~rry. s/ Burnie D. DeS elder ~sEai~ ' • ~ ~ ~'~-f~J ~ (SEA!) s `•taxine E. DeS lder ~A~~ ~C r~- - -E ~ ts~?t) ~~~Q- j Stare Revenue .Fre~wea-e~ncdkd-wre~igi~aF ~?de~- NOV1l, THEREFORE, the MORTGAGOR fw the purpo:e of securing paym>nt of sa:d sum of s'~' S~ 6O0 .00 , and the performance of the ...enanrs and agreemenu he~e;nafrer expressed, and for drvere good and valuable co~s~derations, by these presents, dces grant, ba.gain, sell, remise, ~.se, convey and confirm ~nto the MORTGAGEE, its successors and assigns, etl that certain tot, piece w parce~ of land, situate, lying, and being in the ~c~nry of St. Lueie , end State of Flonda, desu;bed e~ followt: Lot 2, Block 65,PORT ST LUCIE FIVER PARK [JNIT 7 as recorded in Plat Book 12, pages 41 and 41 A, of the public records of St. Lucie County, Florida ~.y/i9_ ~50- C~D`~/ -G~U~/~ 1 f'•` ~/1. t.l i-! i' T . - _ ~ ~ ~ , 5' h.~r ~t~!j„ry~ 3• _ a.~o, c., , t ~ ~ ~t~~~_, ~ 3 1 , . ' r' t ~ • ' ~ L ` , ~ . ~ 1tH~1YFD ~ IN PIIYMENT Oi T R EY ' ? , i _ . ~ , tH~ ; ; = - 'C INTAN6181E rERSONAI PR~Pf . i ~ ~t p a _ ~ TO ~ POf~iR,1~,S~TS OF 1911. /~lr, ~ ; , - R06ER ~ / ` : ~ ~ - ST. l11CIE C0, Fl~ - . CtERK ClafXltl CUNKf. K r ; •cnether with all and singutar the tenemems, Fxreditaments and appurtances thereunto belongirg or in anywix apperbining thereto, and aU ~ents, iuues, ~ :•xeeds and prof~ts atvuing and to accrue from said premises, all of which are i~cluded i~ the above and fpegang destription and habendum. ~ TO HAVE AND TO Hp~D the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said tflel Z 7RTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its sutcetsort and assiyns, the are ~-i - -y lawfully seized of the said premfses in fee sjmple; that the same are free, dear and discharged from all lier?t and tncum- ..,nces in law or in eGu~ty, and that they_ w~11 and the1Z heirs shall warrant and defend the title to the ume to the said - 7RfGAGEE, its successors and assigns, farever against the lawfu! ctaims and demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefore deucibed and ihall truly, promptly d fu11y perfo:m, d:scharge, exewte, complete, ccenply with and ab~de by each and every the stipulations, agreements, conditions and tovenants of aed - ~ sswy note and of this Mortqage, lhen this Mortgage and the Estate hereby created shall tease and be null and void. IT IS UNDERSTppD that the wwd "Mortgagor" wlulhe~ in the singular or plural anywhere in thii l~Vwtgage, shall be singulsr if one only a~d ~ be plural jointly and severolly if more than one, and that Ihe wwd °their" as used anywhere in this Mortgage shall be taken to mean "his;' "hen;' tl°b -':ts," wherever the context so impfies or admits. Afso, that wherever there is a roference in the covenantf and agreements Furein containtd to any of ~0~11 _ ~re parties hereto, the same shall be consnued to mean as well as the heirs, legal representatives, successas and assigns (either voluntary by ad of the r~-+Ies or involun~ary by operation of the law) of the same and that the covenants herein contained shall bind and the benefiri snd ~dwntagd inurt +he respective heirs, legal representatives, :uccessors and ass'gns of Ihe parties hereto. _ ~ And said Mortgagors, fu themselves and their heirs, legst representatives, successors ~nd assigns, hereby jointly and severally torenant and aprse g ?o and with the uid MORTGAGEE, its successws and a:signs: d K 1. To pay all and singulsr thc principa! and interest and the various and sundry sums of money payabte by-virt~e of said promissory note, and this ~f ~ o~rqage, each snd every, promptly on ihe days respectively the same severally become due. 2. To psy all and ~ingular the taxes, assessments, levies, liabili~~es, obligations and encumbentes of every nsture and kind now on said desaibed r p~operty, w that hereafter may be ~mpoud, sulfered, plxed, levied, or assessed thereon, or that hereaf~er may be levied or usetsed ~pon this Allo.tg- ^ age. or the indebtedness secured hereby, each and every, when due and payable, according to law, befwe they become delinqueM, and before ~oy inte~est ~•-:-~es w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPILY SATISFIED AND DISCHARGED Of ~ ~ L=.'OV~ AND THE ORIGIhAI OFFlCIAt DOCUMENT iSU~H A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISPACTION PAPER OFFICIAILY ENDORSEp e CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN lEN DAYS NEXT AFTER PAYMENT; and in the event that eny ihereof is not ~ ~ :+.d, sat sfied and discharged sa'd MORTGAGEE may at any hme pay the same or any parl Ihereof without waiving w affecting any optio~, lien, equity or ~ ~nder or by virtue oi this mortgage and the full amount o~ each and every such payment shall be immediately due and payable and shall bear interest ~ n~h~ da'e !!-•~~eos ~~r~l pa d a• rate of n~ne per tentum per annum and together wAh wch interesf shall be sewred by ihe lien of th"s morgtage. $ B 'Fh"S ~ ~d : ' 4. a H.~ .C~y S`'¢> L" .y~' _ '?Y':Y~~ ~ ~ ~ ~,.y3s' ~r _ ~~i < ~ -y~+ _ ~ . _ ~Y.,'~ ~ - . . ~ ~ .