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Home My WebLink About0457 ' 31~_:3~26 ~ ~ THIS INDENTURE, 1Wd~ ths 7tf1 ~y of .1YlY , A.D. 19 75 between Jack V. Navarro and Blgj,O Natt~r__I~javArrn~ h~ ~~ifQ - of St. LuCie Counry Flaid~, Fwreinatta detignated as the "MORTGAGOR;' and fIRST ~~UERAt.SL~YINGS A(~0 IOAN ASSOCIATION OF fORT PIERCE, ~ corporation wp~nised and ~ais~irg under ~I~e laws of th~ United St~~~s of M+efiu and havii+p ils pri~cipal plecs of bu~a In tFK Ciry of FoA PiKC~. St. tucie Co~nty. Flaida, !?erei~aft~r desiyrwted u tM "M08TGAGEE." WHEREAS tfi~ MORTGAGOR a jwtly indebNd to tM MORTGAGEE in 1M sum of = 9+~~ . good ~r+d lawful money of the U~11ed States adv~nced by the MORTGAGEE unto tM MORTGAGOR, as evidanced by s csr~ain pranisswy note of even date herewith, of which tht following i~ wordi and fpurti is ~ trw coPy. to-wit: 10021462 = 9 , 000. 00 No ~on ate.~.. Fb.~. July 7 ~v_?~ Fw valve rece~ved, 1, we or either of us, promise to pay, wilhout defalcation, to the order of FIRST fEDERAI SAVII~lGS AND IOAN ASSOCIATION OF ~ FORT PIERCE af Fat Pierce, Fbrida, the svm of = 9 ~~0~ ~ with i~terest from dafe at the rate of 8• S 96 pe~ +nnum, in monthly install- j ments as fotlows: S 79`~ on the ZOth d+y of Au9ust 19 75 and a like sum or? the correspondi~p day of each month therr after until the whols be fulty paid. Each installment first shall be apptied in payment of the interest and then on Ihe unpa~d bslance of the p~inc~pal sum. If detauH is msde in the F:ay~nent of a~y installment when due, and iuth default continues 30 days, the~ at tha option of the hoider; and without a~y other notice, all the remeining ~~s~allments shall be due and payable at once_ Privilege is given to prepay this ~ole in whole or in part at any time without penalry. Neither forebearance, r.or acceptsnce 6y the holde~ thereof sfter any default in any payments Fxreo~, shall be decmed e:tension. A late payn+ent charge of i 3• 95 sha~l be ( added to each installment remainirg unpa~d 7 days after ib due date, and a tike sum shall be added to each such installnxxm remaining unpaid 7 days after ~ each wtteeding payment date. • Esch make~, surety and endorser he~eof, jointly and severally, waives demar~d, presentme~t protest and notice of protest fw nonpaymenL and f~rther agrees to any extensio~ of time of payment, eitF+er before w after maturity, without notice to any of us; and to pay all cosrs of collection, inctud~ng e reasonable attwney's fee in the event of any default hereunder, s~d hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation a any extension w renew+l hereof. Witness the hand and seal of each party. s/Jack V. Navarro ~AU ls~?U s/Blsie NatteY Navarro cs~?U ~ S 13. SO ~ State Rev~nve (Stanps eswa~Ned ~w ~igir~l~wo~e~ NOW, THEREFORE, the MORTCrAGOR for the purpose of securing payment of said wm of = 9+~~• ~ and the performence of ths covenants and sgreements hereinsfter expresscd, and for divtrs good and v~l~able consideratio~?s, by these presents, does granl, bargain, sell, remix, s releau, convey and confirm unto the MORTGAGEE, ib svcceuors end assiyns, sll that certain lot, piece or pucel of land, situate, lying, and being in the ~ County of St. Lueie ~nd State of flwida, dewibed as fdlows: ; ' ~ Lot 5, Block S, LAKBWUOD PARK, UNIY NO. 1, according to the plat thereof on f ile in Plat Book 10, Pages 51, SlA, S1B and SiC, Public Records of St. Lucie County, Rlorida /;.~G ~ ~ Cr/- C~~~"~- C~~Gf ~ ~ . - ~ . . ~ . o~~~~ , 4 • ~ • E~~` ~Q~ ~ ~T AT ~ ` ~ s~ c r; ~ t ~ ~ ~9~'' ° DOC'JI~~ENT??.RY . ~ S~_--- - ~ e/ t~`'~s , ~f~, ~ Z r"' UE F'i. GF hEYft:U~ Q ~ ~ ~~~o"'~" l~' _ (`;~~~y~ - ' 3. 5 ~ ~ ~,..~,,a~,~~ I Z~ - ~.j! LJ \ ~ / j ,I -'~(7 ~ Pa - l.'-~ ~~,~1 { ' ~ ~ r.~ ~~G~~~ ~ C ° v0 ~ d~~~,s~' c~~ o~ r • t?~ ~ i ~ ~ togetF~e? with all and singular the tenements, hereditsmenri snd appurtsnces thereunfo belonging or in ~nywise ~ppertai~inp tlxreto, and al! rents, isiues, proceedi and profiri accruing and to accrue from ssid premises, all of which are included in the ~bove and foregoiny dexription and habendum. ~ TO HAVE AND TO f101D the above desvibed and granted premises unto the said MORTGACaEE, ib succeswn and sssigns forever. And tM said ~ ti50RTGAGOR fw th@li ~~n, executors, sdministratws and assigns, Fxreby covenants with the said MORTGAGEE, iti successors snd ~ssigra, ~ ~hat theX are Iawfully xized of the said premises in fee simple; that tM same are free, clear snd disch~rged from all tier?s and e~cum~ ~ brances in Iaw w in equity, and thst th@V w;11 and thpir hein slull warra~t snd defend the title to the same to tfis ssid ~ MORTGAGEE, iss successon snd suigns, fwever sg+inst the lawful clsims and demands of all perwMs g PROVIDE~, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefore dewibed and shall truly, p?omptly r and fully perform, d~uharge, execute, complete, comply with and sbide by esch and every the stipulations, ~greements, conditions and toven~nts of aaid ~ promissory note and of this Mwtgage, the~ this Mwtgage and the Estate hereby ueated shall uase and be null and void. Y IT IS UNDERSTOOD that the word "Mwtgagor" whether in the singular w plural enywhe?e in this Mwtgsge, shsll be si~yular if one only and ~ shall be plural joi~tly and severally if more than one, and tFwt the wwd "their" as used anywhere in this Mortg:.ge shsll be bken to mean "ha;' "hen;' ~ or "its;' wherever the context w implies a ~dmits. Also, that wherever there is ~ reference in the cove~ants and agreements herei~ co~tained to ~ny of ~ thr psnies hereto, the ssm~ shall be construed ro mean as well as the heirs, kgal representatives, sutcessors and suigia (either volunhry by act of the ~ parties. or involunury by operation of the Isw) of tf~e s~me and that the covena~ts herein co~tsined shall bind snd the benefib and advsMagp inure ~ ~o the respective heirs, kgal representatives, successws and au~gns of the psrties hereto. Md said Nbrtgagors, fo~ themselres and their heirs, legal repreuntatives, succeuors snd euigns, hereby joinNy snd sevaalty covenant acxl apree i To snd with the isid NWRTGAGEE, its svccesson and suigm: _ ~ 1. To pay all and sing~lsr thc principal and interest snd the vsrious and tundry wms of money psyabk by virtve of said promisswy note, and this mortgage. esch snd every, prompNy on tF~e dsys respectively ehe same severaily becane due. s~ ~ 2. To pay all and singul~r the tsxa, sssessments, levies, liabiGties, obligations snd encumbra~ces of every nawre and kind now on uid describ~d property, or that heresfte? msy be impo~ed, tuffered, placed, levied, w assessed thereon, w that he~eafter may be levied w assessed upon this MwtQ~ ~ age, w the indebtedness secured hereby, esch and every, when due and pay+ble, saordirg to law, befwe they become delinqvcnt, a~d before ~ny interest ~ atraches a any penalty is incurred; AND INSOfAR AS ANY THfREOf iS OF RKORD THE SAME SHALL BE PROMPTLY SATISfIED AND DIS~HARGED OF RECORD AND 1NE ORIGINAt OffIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIAIIY ENDORSE~ OR CERTIFIEO) SHAII BE PlACEO IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tht event that a~y thereof is not paid, sat'sfied and distherged sa:d MORTGAGEE may at sny time pay the same or any part thereof without wsiviny or affectirg sny optan, lien, eq~ity or ~ •~~ht under or by virtue of this mortgage and ttr_ full amount of each and every tuch payment shsll be immediately d~e and psyabk and shall bear interqt ~ ~•om the date thereof until pa+d at r~te of nine per centum per a~num snd toyether with ~ h i~~est ~hall be'~esy~~ by the lien of th:s morgta9e. ' ~ 804 ~ PAGt t~ - - _ _ ~ ~ ~ ~ ~ ,s,~ ~ ` . . _ y ~ _ ~