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Home My WebLink About1955 3~l4392 THIS INOENTURE, INsd~ the 16th day oi - ~~a~ A.D. 19?5., between David P. E'ellv and Susan S~ I<e~ly~ his wife ~ of St. Lucie .,~qi~~y fior~da, hereinaiter designared as the "MORTGAGpR," and FIRST ~DERAI SAVINGS AND LOAN ASSOCIATION OF FORT PiERCE, a corporal~on ayanized and exii~inp under ths lav~rs of ths United S1at f of Amerita ~ wn~ ib pr+~cipal plac~ of busi~ts~ in tFw City of fat Pieres, S~. Lucte County, Flwida, heroinaher designated as ~h~ "l~10RiGAG~`E,'=` ~ • WHEREAS tht MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sc- ~-~2 ~ 4~0 •~0 good and lawful money ot 1he Un~ted S~atts adwnced by the MORTGAGEE unto the MORTGAGOR, as ev~dencrd by a cer~a+n prom~sswy no~e of even dafe hercwith, of wh~ch the followin9 in ~o~ds and ffgures is a trus copy, to-wii: S ~2s4~0~00 ~p13000047 ; Fort Pierce, F:orida, ~~a V 16 19 75 ~ fw value ~eceived. 1, we or eitt~er o( u~. prom:se !o pay, without defalcet~on, to the orde~ of FlRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ JRT PIERCE at Fort pierce, Fb~ide, the sum of S_ 3~! 4O0 v;;th ~n~a~est (rom date at the rate of 9s~ °'ro per annum, in monthly instali- 272.00 20th June 75 ; ~.~•n~s as fo..ows: S- on the day of , i9._ _ and a like sum on the cwresponding.day of each month th~re- , s~rer unfe! the whoie Fx ~ully paid. , Each insisllment fi~st shal! be app:ieo ~r~ Faymrnt of the interest snd ~1~en on the unpaid balance of the princ~pal sum. If defaulf is made in the 4 ; a;~nzm of any installment wFKn due, and su:h defauit wminues 30 days, then at the opt~on of the holde?, and without any other notice, al! the remain:~g ! ~;s!allmrnts shalt be due and payabie at once. Priviiege is given to prepay this nore in whole or in part at any time without penalty. Neither fottbea~ance, ~ r.o~ acceptance by ~he ho~der thereof after any default in any paymems hereon, shail be deemed extensio~. A late payment charge of s_13 sh~ll be ? .;i ied to each instaGment rema~n~ng unpa~d 7 days after its due da/e, and a I~ke sum shall be added lo each such installment remaining uopaid 7 days after each succeeding payment date. ' Each maker, surety and enderser hereof, jointly and severally, waives de~nar~d. presentment protest and notice of protest fw nonpayment, s~d further .,;a~ees to any eztenuon of time of payment, e~rher before or a(te~ maturih;, wi~hovr n~t~ce to any of us; and to pay all costs of collection, includ~ny ~ :~s,:nabie attomey'a 1ee m the evznt oi any defauit heraonder, and hereby severaNy waives a11 benefit of homestead and eaempi~c;.~ undet the tonstitWion ~~d !aws of each S~ate cf the United States, as aga~nst this obliga~~on or any rxtension or renewal hereof. W~tness tFx hand and xal of each pa~ty. , • David P~ Ke~lv ~/~u ~ cs~?u s/ Susan S. Kelly ~w _ ~ 48 • ~ ) Srate Revenue . • t~u t ~ re~pa tw~ep4led'ro~~x+gitrbt ~R7R? ~ NOW, THEREFORE, ~he MORTGAGOR fw the purpose of securing payment of sa~d s~m of S 32.J 4~ , and the performancs of the co:er.ants and sgrcemenis hereinafeer expressed, and fa o~vers good and valuable considerations, by theu presents, doea grant, bargain, aell, remise, ~ _.•~ase, tanvey and conf~rm unto tl~e MORTGAGEE, ils successors and assigns, all that certain lot, piece or parcel of land, sifuate, lying, end being in tFa County of St . Lueie and State of Flor~da, dexribed es iollows: Lots 20 and 21~ L~lock 13~ SILVER L,AK13 PARK ADDITION, as per p].at thereof on file ; in Plat Rook 10, Pa~e 8~ of the public records of St. I_ucie County, ~lorida ~ y.~ 7-G o 3 e~o.?-ooa/y ~ ~ . ; ~ STATE c:~ ~=LC;R;~~:.1 ' ~ ~;Z L'_O`'JME~+t!/~RY;:'.- STAMI~ r~~}~ ~ E y'' [~E?~ -.f k:Y"t;~Uc~ T::, € ~ ~ - ^ „Y ~ r, ~ ~~'j= k~~~. ~ ~8 _ ~1,.~ 4 8. 6 0 ~ ° - ~ --1 s 5 - - ~ .•1Y` ,:~1 i:'~JY~r~ ~ RECE~k'E[; ~~.::.,?PlE ~n , ~.Jc C A.. ~:F ~ 1o cN.~i~-R ii.~.~:. • `~-lU p;)RStifJ~ ~ K pp1iFAS ~ E RT, St. ?kwtF •.~u. fU.. R ;;~RC-•;iT ('fl!1 F ' =:i~ RY ~ +ogerher with all and singutar the tenements, herednaments and appurtances tF~erevnto belonging w in anywise appertaioing tlxreto, snd all rcnts, iuua, c~oceeds and profits accruing and to accrue from said prem~ses, all of which are i~cluded in the above and foregoirg descripYan and haFxndum. ; TO HAVE AND TO t10LD the above deuribed snd granted premise~ unto the seid MORTGAGEE, its successon snd usigns forevet. And th~ s~id Y their ~ ;+ORTGAGOR for heirs, executors, administrators snd assigns, hereby covenants with the said MORTGAGEE, its suCtessors snd assi~M, ~ ,^~t _they are ~aWf~uy se~zed of the said premises in fge s~mp{r, that the samt are free, dear and disch~ryed from •II liens ~nd ~ncum- ~ r-ances in Isw w in equity, and that they N~~~ a~ tCfelr heirs shail warrant and defend the title. to the sartw to the said '1'.ORiGAGEE, its successcrs and asaigns, fortver against the I~wiuf claims and demands of all persons; = PROVlDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefore described and shall trvly, promptly s ~^d fv~ly perform, diuharqe, eaecute, compkte, comply with and ab~de by each and every the stipula~ions, agreemenb, conditioM ~nd covenanb of said ~ .:•c,m~ssory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shsll te~ie ~nd be rwll and void. .s IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular w ptural anywhere in this Mwtgsge, :MII be si~gular if one only and o00 ' ;~:a~'. be plural jointly and severafly if more than ooe, and that the wwd "their" as used snywhere in this Mo?tgsge sMll be Uken to mean "his," "hen," ~ oav ~ =r ";rs;' v~herever the confext so implies w admits. Aiso, that wherever there is s reference in the covenenri and agreemenri herein contsined to sny of ~ ~ ~he parties hereto, the same shall be construed to mesn as we~l es the heirs, legal represent~tives, sucussors and usigns (eithet volunt~ry by att of tfK ~ ~ carr:es or involuntary by operation of the law) of the ssme and that the covenann herein contsined shall bind •nd rhe benefin ~nd advaMa9q invrt ~ w ~ , t:~e respective heirs, kgal representatives, successors and au~gns of the Qartiq hereto. ^ \i~I ~ And said AAatgagors, for thcroselves and their heirs, legal reprexntatives, successors snd auigns, hereby jointly a~d severally tovensnt and ayr~e ~ fo and with the wid MORTGAGEE, its successors and auigns: y~. i. 10 ~ ~ pay all and singular tFx principal and interest and tFx variovs and sundry sum~ of rt~o~ey p~yable by virtue of said promissory note, and this mortgage, exh and every, p~omptly on the days rcspcctively the same severally became dve. ~ ~ 2. To psy a!I snd singvlar the uxes, assessmenn, levies, liabilities, obligations snd errcvmbr~nces of every narure ~nd kind now on said d~saibed ~ ~ c•operfy, a that hereaher may be imposed, wffered, plxcd, levied, a assessed thereon, w tMt hereafte~ may bt levied a usessed ~pon ihis Mort~- ~ age, or the indebtedness secured hereby, each and every, when due snd payable, sccording to law, befae they become delinquent, and b~for~ ~ny imarest ~ >'rrches or s~y penatty is intvrred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF ~ ?KORD ANU TME ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR IkSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OfflCUllY ENDORSEO ~ OQ CERTIFIED) SHAII BE PLACED IN THE NANDS OF SAtD MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; aod in the eveM that any tfxreof is not r:.,d. sat'sfied and discharged sa"d MORiGAGEE may at any time pay the same w any part thtrcof without wsiving or ~ffecting ar?y option, lien, equity or ~ • ~hr ur.der or by virtue of this mortgage and the full amoum of each and every such payment shall be immediately due snd psyable and sMll bear intetest `ro~, ~he da+e the~eof unril pa d at .ate of mne pe~ ce~tum per annum and together with such infe~est shall be secured by fhe lien of rh's_morgtage. ~ .x. - - - - ~ i.: ~ ~ t ~~~'~"~r~;ea..r c..,.. _ : ~ 3'~' . _ . . ~ . . ..'FV:- ~ ~