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314853
THIS IN~ENTURE. Mad~ th~ 7th ~y p{ August . A.O. 1975 , b~twNn
~ ~
Howard Randolph nckett and Sue O. Ackett~ h a w fe _
of St . 1'uCie County Fbrid~, 1»rein~ftN detignated a~ 1M "MORTGAGOR," ~nd fIRST fEpE~tA4 ~AVI~IGS AND IOAN {
ASSOCIATION OF FORT PIERCE. • torpor~~ar~uysed ~nd ~xi~~inp w~du ~M lawi of th~ Unit~d St~~~s of Amaiu and rhivlnp 11~ principa) plac~ of
busin~ss In tM Ciry of Fort PiNC~, St. luci~ County, flwida, hK~inait~r d~spn~tad ~s tM TGAGEE."
WHERFAS th~ MORiGAGOR is justly irdebted to 1h~ MORTGAGEE in ths ivm of i ~ 5~ yood ~nd lawful moray of the United
S+atei adva~ced by the VIpRTGAGEE unto Ihs MORTGAGOR, ~i ~videnced by a ce~t~in promiuay not~ of even dsta henwith of wh~ch tM iollowinp in
words ~nd fi9ures is a true copY. lowit: 13~~114
s 31, 500.00
Wrt Pierc~. Florid~. August 7 19 75
for valw received, 1, we w either of us, promise top± y-, without def~lcation, to ths orde~ of FIRST fEDERAI SAVINGqS AND LOAN ASSOCIATION OF
fORT PIERCE at Fort Pierce, florida the sum of : 31~ 5W w,th ;n,erest from date at the wts of 8•7`16 psr annwn, io monthly intqli-
"~e~~n as follews: s 259.~ on the 2Othday of Septe~ber_ ~9 75 and • lik~ sum on tl?~ correspondinp d~y of e~ck moNh thero-
aiter until Ihe whole be fully paid. •
fach it+sullmeM fint sh~ll be appfied in"payment of the interesl and the~ on the unpaid balente oi ths printipal tum. If default ts mads in the
pay~nent oi any installment wher~ due, and such default conttnue~ 30 days, ihen at the option of the holder, a~d without sny other notice, all the rsmsininp
~~~stali~ne~ts shafl be due and payable at once. Privilege is yiven to prepay this rate in whole or in part ~t any time wittwut pcnahy. Ncilhsr forebearuit~,
nor acceprance by the holde~ thereof aftr~ any defauh in sny paymMt~ hereon, shall be decmed eatension. A Iste p~yment chary~ of f 12 • 9 S y~yll b~
~dded to each instaitment remaining unpaid 7 days sfter !n due date, snd a like sum sha~l be added lo eath tuch instaflmeM rem~ininp unpaid 7 days aher
each svcceeding payment date.
Each maker, surety and endorsen c~reof, joint~y and severaNy, w~~ves demar.d, prexntment protest and notice of protest fw nonpayment, a~d furth~r
agrers fo any extension of time of payment, eirher before a after mstu+ity, w7?hout notice to a~y of vs; and to psy all costs of collection, includinp a
~::~sonable sttwney's fee in ths event of any def~ult hereunder, and hereby severally ~vaive~ all ber?afit of homestead and exemption u~der t!a tonitifution
a~,d laws of each State of Ihe United States, as against this obligation a any extension or renewal hereof.
Witrtess the Mand and te+t of each party.
s/wo~?ard Randolph Ackett ~U
(s~?U ~
s Sue D. Ackett ~
~ 47 2 S ~U
( _ ~ • ) Sta1e Revenue
;~ra+~+ps ~en~ef ~n ~engrnsr~+er~>
NOW, THEREFORE, thre MORTGAGOR for the purpose of securing payment of said wm of S 31~ 5~'~ ~nd tha pNform~nc~ of the
covenanls and agreements herein~fte+ expre~sed, and fw diven good and valuabte conside~ations, by these presenn, do~s pr~nL b+.~ain, sell, remise,
r~lease, convey and confirm unto the MORTGAGEE, its succeuors a~d au~gns, all that certain bt, piett p pucel of laed, situafe, lyirg, end bein~ ln 11N
County of $t . LUCle and Stste of Flo~ida, dewibed u fdloMrs:
Lot 18, Block 352,PORT ST. LUCIE, SECTION 25, as recorded in Plat Book 13~
Page 32~ of the public records of St. Lucie County, Rlorida~
3yao - ~ ~o - ~3~3 -oa~
By agreea~ent of Mortgagor and Mortgagee on file with Mortgagee,
the within mortgage secures not only an existing indebtedness, but
also AdVANCES to be HEREAFTER made by Mortgag~r to Mortqagee~ the
aggregate of which will equal the principal amount specified in
the promissory note secured hereby.
-rE ;:F-~LORi~; ~ ~ ~ -
.n i- , - - TAMP TA > I
G ~JN~th;ARY
~ ~ ~
I ~=Z v t•:.F( uf F'EVE'~UE' ~
; - - ~ ~ 4 7 2 5 { o0
E _ _ ~
F.a + ~ _ I RN~JYm ~ IN PAYMEqT OF 7AXES
~ m ~ r~ DIE ON CaA~ "C INTAN6{81F lER90NAL PROPER(Y,
~ PUASIIAIff 10 ClIAPTEiI 71•2s4. ACTS OF 19/l. ~ v
IiOQER POR1~J?S if
~ CI.ERK CtRCUIT COl)R?, Si. W(:~E CO., FtJ1.
~ rogether w~th sll and singulsr the tenem~nts, hereditsmcnts snd ap:wrtances thereunto belorgir~ w in anywiie appe~tainirg t~rNo. ~d ~U r~ntt, isaw~,
p.«eedi and profib ucruing and to xcrue from said premises, all of which art intluded in fht abovt and faspoinp d~wiption and habenduin.
~ TO HAVE ANQ TO, HOLD the above destribed and granted premists unto the said MORT6AGEE, its wtcessors u~d assipro fww~r. And th~ s~id
~ ,'.tORTGAGO for t[lelr -~;n, executws, ~dministrstws and asigns, hereby covenanb with fF» said MORTGAGEE, its wtusson u~d as~ipra,
t~ie are
~ rhar lawfully ~~edey the said premisestip ~lYimple: thst tM sarm srs fns. clear ~nd dixharyad from dl liero and ~ncun~
q brarxes in I~w or in equify, and that h wilt and Mirs shall warrant and d~i~nd tFr titla ro the s~m~ to tiw ~aid
".10RTGAGEE, its successors and sssigns, fwever sgainst the (awful claims and demands of all persom;
` PROVIpED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE ths promissory not~ htrtinbtfw~ dexribed snd sMll truly, promptly
~ _,~d fully perfwm, discharge, execute, compkte, comply with ~nd abide by each snd every the itipulatia~s, apre~menp, ca+ditions and coven~nri of ssid
; prom~ssory note snd of this Mortgsge, then this Mortgage snd the Estate hereby us~ted shall uas~ and b~ nvil snd void.
~ IT IS UNDERSTO00 that the wwd "Mortgsga" whether in the sinyular or plural ~nywher~ in this Matyay~, shdl be sinyvlu if on~ only and ~C
~ shall be plurai jointly and severalty if mwe than one, and that the word "their" as used ~nywher~ in fkis Matpayt sh~ll bs fsksn fo mean •'his,'• •'hM;•
~ or "irs:' wherever the context w implies or admiti. Also, that wherever there is a ref~?enu in tM coven+nri ~nd spreemenb i~erein com~in~d to ~ny o1 ~w
~i,e psrties hereto, the s+me ahall be construed to mean as weN as the hein, legal representatives, s~ccestors and assipm (eitha voluntary by acf of t!~ ! V
: parties a involumary by operation of the Isw) of the s+me and that the covenants herein cont~ined shall bind and tM benefi» ~nd adv~etapes inun ~
r ro the respective Min, kgal representatives, wccesson e~d ass~qns of the parties hereta.
f
~ And said Mortgagors, for themselves and their hein, 1e9a1 representatives, successws and asigr~s. hereby jointly and av~rally cov~nant u~d ayne
~ ~o end with the said MORTGAGEE, iri wttessors ~nd ~ssiyro: ~
~ 1. 7o pay all and sinpular rhe princ;pal snd interest and the wrio~s and su~dry wms of mon~y p+Y~bb by vvtue of said promiswry not~, and thia
mortgaye, each ~nd ewry, pomptly on the days respectively the same sev~rdly becane dut.
~ 2. To p~y all and singvlar the taxa. auesunenb. Iwies, liabilit~, oblipatiom and ~naxnbr~nas of ewry nature and kind now on said d~w~d .
i P~ope?tY, a tMt here~frer may be impoud, wffered. P~sud, kvied, or sss~s~ed thereon, or th~t lwrs~hN may b~ I~vied or ps~ss~d upon thi~ Maq~ i
~ age. or the ind~btedness tecured hereby, ~ach and every, wl~e~ dw and p~yabl~, accordirg ro law, before tMy becan~ delinquent, and beiw~ any ima~at ~
t a~taches or sny penalty is intwred; AN~ INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII SE PROJYIPTLY SATISf1ED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFIGIAL OOCUMENT (SUCH A5, FOR INSTANCE, ?HE TAX RECEIPT OR THE SATISfACTION PAPER OFfiC1ALLY ENOORSED
! OR CERiIFIED) SHAII BE PIACED IN THE HANOS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER FAYMENT; ~nd in tM ~vent that ~ny thtreof is ewt
' Fa'd, sa?:sfied and discF~arged ta:d MORTGAGEE may st any time pay the same w any pat thereof withovt waivinp or +ffectirg a~y opfion, lien, ~quify p
~ •~qh+ under or by virrue of rhis mong~ye and the fvll amount of each and every such paymrnt thall be immedi~lely dve a~d payabk and shall beu ~f~test
i jrom ~h~ da+e +hereo~ ~ntil pa d af rate of nine per centum per annum ~nd toyetF~er with soch interdt shalf be secwed by the licn of th s morgtape.
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