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Home My WebLink About0507 _ 31~5f 8 TNIS INDENTURE, M+J~ th~ llth d,y July , ao. i9 75 b.nN«~, Roy B. Hudaon snd Gene C~x Hudson , his vife, St . I.ucie ~ CqiMy ilotida, MrQinaitK dtsi~~~~ed as the "MORTGAGpR," ~od FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of fORT PIERGE, a capa~tion wyaniud and txutinp w+dM IM laws of tM United St+~~s of Ame~ka ~nd Fwvlrq Its priocipal pf~u of bwinps i~ tlr City of Fwf Pi~rce, St. l~ci~ Couny. Flwida, MnlnaftN detiynat~d +s ~M "MORTGAGEE:' WHEREAS tM NIORTGAGOR is iwtly indebad to th~ MORTGAGEE in Me ium oi s 24je,b~Q•O0 , pood ~nd I~wful monsy oi ths United States ~dv~nced by ths MORTGAGEE un~o tM MORTGAGOR, as evidsncrd by a cartain promia?ory nae ot even datt hcrewith, of wFuch ths foilowinp I~ words ~nd fipur~s is a trve'copY, to-wil: = 24,600.00 ~ 13000087 fort Pkrc~, flaida, July 11 ~q 7S~ Fw value recaiv~d. 1, we w either of us, pa-rise to pay, withouf defalca~~on, to ~he ordrr of FIRST FEDERAI SAVINGSS /1ND LOAN ASSOCIATIOPI Of FORT PIERCE al Fat Pierce, flwida, the sum of S_2~~6~.00 w;rh inte~est from date at Ihe rate of 8'77G pe~ annum, i~ mantbly instal{- meors as fouowi: = 203 on the ~t•liay of ~tO~r _ ly_ 75 and a like sum on the correspondinp day of each month thtrr after uMil the whole be fully paid. Eeth iesfdlment first shall be appl~ed in payment of ihe inte?est and then or~ tM unpaid balante of the princiFal ium. If defauh is nNds I~ tF?e payment of any :nsta~lment when dw, and such default tontinues 30 ds/t, ?hen at the option of the holder, and witho~.t any other notics, ~11 the remaininp i~utallments shall be due and payabk af once. Privilegt is given to pr~pay thw note ir~ whol~ or in part ~t any time without penahy. Neiths? forebeatanc~, nor icctptance by the holde~ ?hereof after any defaul~ in any paymenh hereon, shs1l be deemed extensio~. A late payment chary~ of = 1~ • 15 shsll bs added to each insraliment remaininy unpaid 7 days ~iter its due date, and a like sum shaU be added to euh s~ch inata{lment remaininp unpaid 7 dayt ahtr esch uKCeedirg payment data ' Each maker, surety and eodorten c~reof, joindy and severally, warves demand, preumment protest sod no~ice of protest fot ranpayment, ~rn! fixthtr ag~ees to any extensio~ of time of payment, either before w after maturity, withaut notice to any of us; a~d to pay all cosri of tollection, irxludinp a ~easonabk atrwneys fee in the event of any defauN hereunder, and heroby sa+eraHy waives atl benefit of honus~ead and exemption undK ihe constifutioe ~nd lavrs of eacb State of fhe Unired Statea, as against this obligation w any exteniion w renewal hereof. Witness the hsnd and sea! of each party. - i~„t g~ ROy B. j~tld30l1 ~,ry~'~t7 tR T~ v~~ lSEI?U - ~ (SEAU . . S @ X SOA . ~U r $36.90 ~ ' ~ is~?U ) 5tate Revenue . (Sf~enp't~rlOeMed'e1~EriQiRd~ 11At~J . _ • : MOW, THEREFORE, 1he MORTGAGOR fa the purpose of securing psymr+t of aaid tum of ~ 24~6~.~~ , ~nd the performance of th~ wvenaMS ar~d agreements hereinaftrr expressed, ar.d fw divera 9ood and valuable conaideratrons, by thes~ presenri, does gr~M, bary~in, sell, nm~se, release, co~vey and conf:rm u to Ihe MORTGAGEE, iri ~uccessors and aui~ns, a!t that certain lot, piect o~ puul of land, aituate, lyinp, and beinp in ths County of Lue~e and State of ftwids, davibed as fdlows: • //.~3 - - o a/~3- ooo/d Lot 13, Block 13, PARADISE PARK, as recorded in Plat Book 8, Page 17, of the public records of St. Lucie County, Rlorida~ ~ i ~ - - ~ ~ ~~°~p~=` . ~ ,~e ~ o ~ ~ . G~ ~ _ Sj P ~ O ! i~ ~ • ~'C~ Q ~36 ~ ~ PMEN ~ f~ jf q~t~~ a~`' rp, ~ v ~ r ~ , c , ~ b4 - ~ ~ 0 ~ V y~ _ , t. ~ 7. _ 4• T d~P I `~`~L ' ~~t l ~ y ~ l ~ ` ~ ~ 0 I 40•, arG 6 i l ~ \1. . ~ ~ ~ O ~ togetMr with all ~r+d singul~r the tenemen», hereditaments ~nd ~ppunances therevnto belo~gin~ ar in anywist ~ppertaininp ihsre% a~d ~II ~enri, lswq, proceeds and profin acaui~g and to accrue from said premises, •11 of which ue ind~~ed in the ~bov~ ~nd fora~oinp dacription and h~bendum. TO HAVE AND TO HOL~ the sbove described ~nd grar.ted premises unto the ~aid MORTGAGEE, its suasswn ~nd ~stipns fotevw. Md th~ ~aid MORTGAGOR for th@lI ~;n, e:ecutors, admi~istrstors and assi9ns, he~~by covtosnri with tM said MORTGAGEE, ib sutcasors and auipm, that a re lawfu{ly se~zcd of the said premisea in fge s~mplr, that the wme ar~ fr~e. cle~r and d'nclrrped from ~ll lieru arr! au~ brances en !aw or in equity, end that they wHl ~nd tdelY heirs shall wsrtant and d~fsnd tFK title to tFK sarn~ fo tM s~W 1NORTGAGEE, its successors and assigns, forever sgairut the lawful dsims and derhandt of all persoea; _ PROVIDED, ALWAYS tMt if the MORTGAGOR si~al~ p~y ~nto the N10RTGAGEE fhe p~omiuory not~ here'mbefot~ de~cribed snd sMll trvly; promptly and fulty perform, dixl?arge, exrcute, complete, comply with and sb~de by exh ~nd every the atipulatio~s, ~preerntnts, condiYwos and tovenaMS of said prom~sso~y note and of this Mo.t9age, then this Mwtgsge and the Estate hereby ueated shalt ctas~ and be null ~ed void. ~ IT 15 UNDERSTOOD that the wwd "Martgagp" whether in the singular or plwsl anywhere in tKis Mwty~, shall be sirgula if a~s only and shall be plural jointly and severally if more than one, and thst the word "thci~" as used anywher~ i~ this Mort~aQe shall b~ taken to m~a~ "hh,•• •'hets,•• w"in,° wherever the context w impl~es or admits. Also, that wherever thue is a reference in the covenanb and agreements herein oonf~in~d to u~y of ~ the parties hereto, the ssme ihall be conitrued to mea~ ai well ss the heirs, kyal rep~esentatives, s~ccessas and astipr» (eithet wl~ntary by ~cl of tF» p~ri~es w involuntary by operaYan of the law) of the same snd that the covensnts hereia co~tained shsll bind and the benefiri and adva~tapp Mw~ ro the respective heirs, legal rcpresentstives, successors snd esvyns of the par!iss Ixreto. ~ Md said M«tg+yws, for themxlves and their hein, kgal represenratives. successon and assiqro, hereby jointy and severally cawrwM and ~pne ~ b~nd with the said MORTGAGEE, its successors and assigra: . 1. To pay ~II ~nd sirg~lu the princip~l and interest and the va~aus +~d sundry wms of ma»Y paYable by virtue of ss9d promissory not~, and fhi~ mwtysy~, each and every, promptly on the days respectrvely tFr ~sme severally bec«ne due. ~ 2. To p~y a~l ~nd. singvt~r the taxes. ~ssesuoenq, tevies. lisbilities. obligations ~nd encwnbr~r~cu of svsry natur~ and kind now on said dauib~d ot~ ptoperty, a tlut hereafter may be imposed. wffered, placed, kv'~d, or ausued thereon, or tMt hareafta mar bs Iwied a aueaud upon this Morf¢ Opp ape, a tIN ir?debtedneu sec~red hereby, exh and every, when due and payable, sccordir~y w law, befat they become delinquent, and b~ion a~ry/ irnuat attathes w~ny penalry is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTLY SATISf1E0 AND DISCHARGEO OF RECORD AND THE URIGINAI OFfIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REtE1PT OR THE SATISFACTION PAPER OffIC1AlLY ENDORSED OR CERTIiIE~) SHALL 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF?ER PAYMENT; and i~ the everM that ~ny theteof it nW paid, saYSfied snd diuharged ss:d M1aRTGAGfE may st any time pay the same or any part thereof without wsiving a affectinp u~y option, lien, puify p µ •~aht under or by virt~e of th~s mortgage snd the full amount of each snd every tuch p~yment shall be immed'utely dua a~d payable and shall bear int~rest g ~*om the date ~hereof vntil Ga:d at rare of nine per centum per annum and to9ether w~th such iMerqt shall be secured by fhe lien of t~'s morgtage. a ~ _ . is'~-~- ~ ~ ~s-,'~.«~ . ~ ' - ' . - - -~rS`~'l..ka-t s:: . ~,c~ ~ _ _ s-,.s-'a-~ ~ 4.~_ ~ . ~ _ _ _ ' _ _ _ . _