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Home My WebLink About1946 3~14600 THIS INDENTURE, AA~d~ tl~~ 8th d,y ,f August ' , ao. ~9~~. ~nN.a+ _ Henry Warren Smith and Elsie M_Smith ~ his wi fe r.,,, of St . Z'uC @ Cpunfy Fiorid~, hereinafler designased aa the ''IKORTGAGOR;' and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpwat~an wy~nized ~nd existinq unda 1M Isvs of ths United S1a~~s of Amaic~ and h~vinp in pri~cipal plac~ of business in 1M Ciy of Fort Pierte, St. l~ci~ County, fbrida, hecei~after desi9nated aa ths "MORTGAGEE:' WHEREAS tM MORTGAGOR a juttly ii+debted 1o ths MORTGAGEE in the sum of j_ 15.~_~~ • ~^0 ~ good ~~d ~+w{ul money of the United Srates advsnced by ths 1~10RiGAGEE unto 1he MORTGAGOR, as evidenced by a certain prom~ssory note of even date herswith, of which the (ollowinp in ~ wor rfd es ~ a Uvs copY. fowih ~ 1 z `~S', 6~. ~ ~ llOOn341 ; ~ Fat Pieres. Florida. August 8 1975 i 1 For valve received, 1, we a eithe~ of us, pro i fo w ehout defa!cation, to ~he ordrr of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at F«t Pier e, fbrida, ~he sum of 6~~' _ w~th inieresr trom date st the rate of 9 °'~o {x? annum, in monthly i~?stall- [ ^~~~+s as fottows: S 14~• ~ on the2~t~ da,, or _~tember ~y 7S_ ared s like svm on the correspo~diog day of each month there- ~ atte: until the whole be f~Ity pa~d. ' ~ Each installment first shall be app~~ed in payment of the interest a~ then on the unpaid balante o4 the principal sum. If detaulf is m~de in th0 y ~,yrnent of any installment whrn due, and such default continues 30 days, then at the op~'an of the hoider, and withoul any other notice, all 1F?e remaining „srall~r,ems shail be due and payable ar oace. Privikge is given to prepay this note in whole o~ in part a1 eny tims without penalty. keithe~ fwebearance, -,or acceptance by the Iwlder thEreof afrrr any defau!t in any peyments hereon, shal! be deemed extension. A late payment chsrge of s 7_! „~S sha~) be .-;;Ld ~o each instaliment rema~n~rg unpa~d 7 days aher its dve date, and e like sum sh,~~l be added to each such installmtnt remaining unpaid 7 days affer •~;;h succeeding payment date. ~ Each maker, svre~y ard endo~ser heieo~, jointly and severelly, waives de.nand, presentment p~otest and nolice of protest fo? nonpaymt~t, and fu~ther e,~rees to any extension of nme of payment, eithar before or after matur~ry, without notice to any of us; and to pay all msts of eollection, intlud~rp e acnable atfomey's fee in the evem of any defau!t t~ereunder, and hereby severa~{y waives all benefit of homestead and exemplioo under the tonsfitution ci ta»s of each State of the Umred S~ates, as aga~nst this obligation or any extens~on or renewal hereoi. ' . W~tness thr hand and seal of each parsy. , - , _ _ S/ Henry ,~arren Smith ~U ~ cs~?u cs~,?u . $23.40 ~ ) State Revenut ~`Sc1G X NO'N, THEREFORE, the MORTGAGOR for the purpose of securing payment of saed sum of s 1 S~~~• ~ , and the performance of tM ;o:enants and agrrementa hereinafte? expreseed, and foi divers good and vatuable considerations, by fhese p?esents, does grant, barpain, sell, remise, ,:ease, convey a`'~ onfirq~ unto,lhe MflRTGAGEE, its successors and assigns, all that certain lot, piete or pucel of Isnd, tituate, lyug, and being in the Co~~nty of • LuCl e aod State of florida, desu~bed as followt: Lot 21, Block 3, INDIAN HILLS ESTATES, as per plat thereof on file in Plat Book 10, Page 32, Public Records of St. Lucie County, Florida. oZ~IS ~ ~~t- ~-D~/~ By agreement of Mortgagor and Mortgagee on file with~ the Mortgagee, the within mortgage secures not only and existing indebtedness, but also ADVA1~CfiS to be HER6AFTfiR raade by Mortgagor to Mortgagee, the aggregate • of which will equal the principal amount specified in the promissory note secured hereby. 4 ~ ~4, SYt"AT~ =~F Ft.,_.COF<~~,~=. ~ , ~:2 c~.;~'t;r~,Er~?A~?~ s1~ME3 r~ ~ ~ € Z ' GEr'7. U~ P.'cYL~VlJE `'rj , ~ Q~. : 2 3. 4 0 i %a IN PAYMEttT OF TN(ES ~ . ~ ~ ' ~ ~'E' It1T11NGIBlE PE:SOi1at PROPER(Y. ~ • . . . . . . . . . . . . . . _ . P11aS11~N~ TO qUP'iER 71-134. 11CTS Of 1911. ~'J1~~ ~ ~ CIERI( 0li~1111 IXl11R[, S1~ IIIEIE ~ •:gether with all and singular the tenements, hereditamenri and sppurtances thereunto belonging p in snywise appertaitu~g fhetefo, and all rents, fuup, ;:-oceeds and profits accruiwg and to accrue from said premises, all of which ere iruluded in the above and fotepoirg deWiptqn ~nd h~bendum. TO HAVE AND TQ HOLD the abore descr~bed and granted premises unto the said MORTGAGEE, its successors and suiyns forevtr. Md tM s~id '.~^vRTGAGOR fw tileir____ ~;.s, executors, adminis~ratws and auigns, hereby covenants with the said MORTGAGEE, its succetwn and ~ssiQra, ~ ,~~f _~-h~Y--~~~- IawfaUy xized of the said prem~ses in fee simple: that the same are free, ckar ~nd discFurged from ~I) liero and encunr ~ c~ancef in law or in equity, and that th~ wifl and thei r ~~~s y~~~ w~nant snd defend the titk to the sart~e fo 1M said ~ :!pP,TGAGEE, its successors and assigns, forever against the lawfut daims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGACaEE the {xomissoty note hereinbefwe deuribed and shall frvly, promptly - ~ ,~d fully perform, d~xFwrge, execute, compiete, comply with and abide by each and every the stipulations, agreemenb, cooditiora ~r~d coven~MS of said g prOT~StO?y nore and of this Nbrtgage, then this Mortgsge and the Estate hereby aeated shall cease u~d be null ~nd wid. e IT IS UNDERSTOOD tha~ the word "lNorrgagor" whether in the s~ngular o? plwal anywhere in thii Mortg~ge, shsll be~ sirgulu if orn only ~nd pa ~ :hati be plurat jointty and severalty if more than one, and that the wwd "their" as uied ~~ywhere in this Morty~ge shall be t~ken to mtsn "h~;' "htrs," -"i~s," wherever rhe context so implies w admirs. Also, that whe+ever there is a reference in the covenants ~nd preemenH Fierein confained to aMr of ~ ~he parties hereto, the same shafl be construed ro mean ai well as the heirs, legal represe~tatives, sutceswn snd assiyns ieither voluntary by sct of the ~ par~~es or involuntary by operation of the law) of the same and that the torenants herein tontained shsll bind snd the banefits aed advanfa~p inurt ~ ~ ~o the respetlive heirs, legal representatives, successors and asrgns of' tF~e parties herero. ~ And said Nb?tgagors, for themulves and tF~eir heirs, legal represeMatives, wccessors ~nd auiQns, hereby jointly and sevenlly coverNM ~nd spr~e ~ ~ ro and with thr said MORTGAGEE, its successors and assigns: ~ 1. To p+y all and singular the princiRal and interest snd the various and sundry wms of money payable by virtue of ssid promiswry note, ~nd this ~ ~artgage, each and every, promptFy on the days retpect~vely the ssme severally become due. 2. To psy all and singular the taxes, asussmeMS, levrcs, liabilities, oblgations and encvmbnnces of every n~tur~ ~nd kind now on said dacribed ~ property, w tlut hereafter may be imposed, suffered, plxed, levied, w+ssessed thereon, a tMt heresfte~ may be kvied w aseuad upon this Mort¢ age, or the indebtedneis secvred hereby, each and every, when due and paysble, accwding to law, befwe they become delinquem, ~nd befwe ~ny infNesl ~ a~reches w any penatty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAtI BE PROMPTLY SATISfiED AND DISCHARGED OF 2cLORD AND THE ORIGINAL OFFICIAL DOCUMENT 15UCH A5, fOR INSTRNCE, THE TAX RECEIPT OR THE SATISPAC710N PAPER OFFICIALLY ENDORSED ~ UR CERTIFIED) SHAII BE PIACED M THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ared in the svtnt tlwt sny fhereof is not ~ ~a~d, sat'sfied and dischargtd sa'd MORTGAGEE may at a~y time pay the same or any part tF~ereof witho~t ws'rvir?g w sffectiny any option, lien, eqvity a ~ •~~hr unde~ or by virt~e of th~s mortgage and the full amount of each and erery such paymeM shall be immediately due ~nd p~yable and shall bear interest j,c r~. d,~e 1~.,-e^+ ; j d a~ rate of nine per centum per annum and together w~th such interest shall be secured by the lien of th's morgrage. . : ~ ~ ' ~ - - k ~ .~:~a~ . - l"~Ti~~.°z~ ~sti~ R~~ ~ , . _ _ ,.n..e. _ . ~ . _ . _ . . _