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Home My WebLink About0934 31385~ ~ THIS INDENTURE, M~da the 29th day of `July A.D. 19 75 betw~ee+ or . amQOn an eo . ama~ond, h s wite - of • uc e ' Couny Floridi, her~tnafta dttiyn+red as tMN'I~O~¢AGO~"~~{ ~~RS~ ~E~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • co~pwauon aysniud snd exis~inp ~ndN tM laws of tM Uoit Suta of Amerki ~nd havinp i» prlocipal plac~ of , businps in tM City of Fat Pi~rc~, St. luci~ Counry, florida, hK~tn~hn deiip~ated as tM "MORTGAGEE." ~ WHEREAS 1M MORTGAGOR b jvslly i~debt~d to Ihs MORTGAGEE in ths sum o( S 2O ~ ,~ood and lawful monsy of the United Srates +dvuxed by tha MORiGAGEE unto ths MORiGAGOR, as evidencrd by • ce~ra~n promiuory note of even dafe herewith, of wh~ch ths followinp in words and fi~urei Is a irw topy, to-wil: s20,000.00 ' ~ 13000107 Forf Pierc~. Flaida. •Jtll3/ 29 19 7 S For value receivcd, 1, we a e~ther of us, prom~ae to pay, without defslcatio~, ~o ~he order of fIRST FEOERAI SAVIkGS AND IOAN ASSOCIATION OF ~ : CRT PfERCE at Fo+t Pierce, Fb~ida, ~he sum of 20~~~ _ w,th imrresi from date ~t ~he rate of 8•796 per annum, in monthly instalb ' e~,rs as follows: i 16S _ on the 2Ot~ day cf Noveaber 19_ 75 ~nd ~ lik~ sum on ths carespa~d~rg day of each month tF~e- ~frer unti~ the whole be iully paid. Each irutal~rrtent tirst shall be applied in payment of the interest at~d the~ on tM vnpaid balance of the princ~pal sum. If d~fault is made in fhe pa~ment of any installment whan dve, and such default continue~ 30 dayt, then at the option of the holder, and without a~y olher notice, all the remaining ~,~srallrr.ents shall be due and payabb at once. Privilege is given to prepay this note io whole a in p~rt,~t any time witho~t penalty. Neithet fortbearance, nor acceptance by the holde~ thereof a(ter a~y default in any paymeoh he~eon, ahall be deemed extenaion. A late psymenf thatg~ of j 8~ 25 , shall b~ ~d:ied to each installment remaining unpa~d Y days after it~ due date, and s liie wm shall be added to each such installmeat rem~iaing v~id 7~days ~ht? ea.h succeeding payment dete. Eath maker, surety and cndorser hereof, jointly and severally, waives demand, prestntmcnt protest and notite of protest for rwnp~ymMf, s~d hrt1Mr ayrees to a~y ezrensan of time of payment, either baiore w aiter maturity, withoul notice to any oi us; and to pay all msts of mliection, irtclvdnp ~ r~~esunabie attwnoy's fee in thr event of any default he~eunder, and hereby severelly waivei all benefit of homestead and exemptioe t~ndtr iht oonstifvtion ~,d IaN•s of each Sute ot the Un~ted States, as against this obtigation or any eatension or ?enew~l he~eof. W~tncss the hand and seal of each party. NdID1~0AC~ ~ s/Clifford B. ~ l5~?U - s leo E. Namnond ~ ) State Revenue ~U ;5+srnp~ ~e~nseNed-w~ ~rigin.F no+e) NOW, THEREFORE, ~he MORTGAGOR for the purpose of secvring payment of said wm of s 20~~0•~ .~nd the pe?formaoce of tM . co.enants and agreements hereinafter expressed, and fw divers goud and valuable co~side~ations, by these presMts, does grant, bar~ain,~ sell, remise, :ease, convey and confirm unto the MORTGAGEE, its successon aod augns, all that certain bt, piece ot puctl of Isnd, situate, lying, and beiny in tM Ccunty of St . Lucie and State of fbr~da, described aa idlowt: 3 ~o,~- ~ ~3 . ~r~ ~s - Gc~o ~i Lots 73 and 74, Block 6, INDIAN RIVER BSTATES, UNIT 2, as described in Plat Book 10, Page 46, of the public records of St. Lucie County, Florida ~ - F . ~ i , . , ~ L . . ~ I e~J~Ct` S-T~-j-E oF F~UR~~~' ~ e~~~, . sT~r,n~ Tr~~ ~ ~ _ ` ~ ' ~OCUh1ENSARY~ ..l~,,~_--- - / ~.v~~~pG~s~ ~ o~' ° GF H:.~ENU} • a ~t~ ~ L:Er i. ` , t~ a. ~ ` 11/ _rt . ~ 'j z _ - y ' Q, 0 0 1 ~ti, ~ ~ ~g ~ ~,~•~`E ~ _.r = ~~3t': , •t' ~ ~:t~E~ ~4~QrS'~ , m _ ~ ~ ~ ` v - Pe , `.~~r~ j `0 ,F••`~"" ~ ! ~ _ . : ~ a~~ 0,,6~~ ~ ~ ~ ~ ~ ~ regefher with sll and singulsr the tenemmts, hereditsments and appurtances thereunto belagirg a&~ snywise appertainug thereto, ~nd all rents, iswes, c~oceeds snd profits ~ccruing and to accrue from said premius, all of which are irxluded in the sbove and forepoiny dtwiption ~nd h~bendvm. TO HAVE AND eTQ =,FIOID the sbove desuibed and gnnted premises unro the said MORTGAGEE, ib s~?ccesson ~nd auipns fweva. Md th~ said I I1 1 ~ '.tORTG R for heirs, executors, administrators and assigns, hereby tovenants with the s~id MORTGAGEE, iri sucteswrs ~nd ~ssip% ~ ~~i°ey a re ~ r!~at lawfully u~zed of fhe said premises in fee slmple; that the s+me ar~ fre~, clear u~d d'acha~ped from ~II Ikra ~nd Mc~rn- ~ hra~ces in law o~ in equity, and that they will and the1Z heirs shall warrsnf and d~fend the titl~ to tM s+me to tFa said ` 'a,ORTGAGEE, its successors and auigns, forever sgainsf the lawful clsims and drmandt of sll personsj G ' PROVIDED, ALWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promisso?y note heteinbefw~ descsibed and ~h+lt trvly, prompfly 4 d(ully perfwm, diuharge, execute, complete, comply with snd abide by each and every the stipulitions, apreemenri, conditans u~d tovenanh of s~id c.romissory note and of this Mortgage, then this Matgagr ar+d the Estate hereby ueated shall tess~ and be null and void. ~ IT IS UNDERSTOOD fMt the wwd "Mortgagor" whcther in the singular a plwal snywhert in this Mort~~ge, sh~ll be sirgulu if on~ only and M shafl be plural jointly and teverally if more tha~ one, and that the word "tF~eir" ss used anywhert in 1hi~ 1No?tp~e shall b~ taken to rrwan "his: "'Mn;' or ';rs," wherever the context w implies w admits. Also, that wherever there is s reference in the coveMnn and a~reemeny hsrein contairwd to any of ~E rhe parties hereto, the same shall be construed to mesn as well ss the 1?eirs, legal representatives, sucussors aod ~uipro (eitF~er volue~bry by atf of tFw i Ga'T~ei or involuntsry by operation of the Iaw) of the same snd that the covensnts herein contained ahall bind ~nd tht benefib and ~dvant~pes kwn W ~ ; ~a ?he respective he'aa, legsl representatives, successor~ and asrgns of tF~e psrties hereto. ~ ~ 4 t ~ And uid Mortgaga?t, fo~ fhemulves and their heirs, legal representatives, successon and suipns, hereby joiMly u~d ssverdly cwensnt and apr~e ~ ~ ro and with the s~id MORTGAGEE, in iuccessors ~nd au+gnt: ' ' ~ 1. To pay alt and singular the principal and interes? ~nd the wrious and su~dry sums of moeey paYable by virtw of said promissory note. ~nd thb ~ ~-:orrgaQe, each and every, promptly on the days respecrively the asme severally becortw due.. b~L ~ 2. To pay a!1 ~nd singvlar fM taxes. ~sussments. Iwies, liabilities, obligatiom a~d encumbr~nca of every nature and kind now on said dacr~d p~o } Properfy, a ~h~t hereafrer rrWy be imposed, suffc.~d, placed, kvied, or ~uessed therwn, or tlwt hereafta may be levied a au~s~ad ~pon this Mo~t~ 4 ~ aqe, w ths indebted~ess secured hereby, exh snd every, when dw and psysble, accord'ug to law, b~fon tl~ey becan~ d~linquent, ~nd b~fo~~ any imersst a°~ ~ aifaches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAII BE PROMPTLY SATISfIE~ ANO DISCHARGED OF ~ ~ RECORD AND THE ORIGINAL OFfI~IAI OOCUMENI (SUCH AS, FOR INSTANCE, TiIE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIALIY ENDORSED OR CERTIFIED) SHAII BE PIACEU IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; ~nd in the event that ~ny thereof 4 rwl ~ pa~o, sat'sfied and discharged sa:d lNORTGAGEE msy at any fime pay the same o? any part thereof withovt wsiviny or affetlinp ~ny option, lien, eqvify or ' ~+qhr ur,der or by virtue of this mortgage and the full amount of each and every ivch psyment shall be immediafely due and payabk snd ihal! txar inftrett 5 °rom rt~~ da*e ~~ereof L~r~; pa d~+ rate of nJne per cenrum per annum and toqether w~th such interett shall be secur~ by ~he lien of rh'~ morgtage e~ ~"``,~x~s;e~.~- f - - - t'~ -~i~-z.~ ~3 ~ -a .f~~'.~ ~ S`~. - ..=r-~x , - ~ : - ' _ . _ . _ 2,~~_ _