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Home My WebLink About0045 . THIS INDENTURE. 11~d~ th~ 21 S t d~y of Augu s t ' A.D. 19 S. b~tw~+ _ I.loyd Erickson and Virc~inia 6rickson, his wife ~ of St . Luci e Cpynry fidida, Ixreinafter dtaignated as the "MORiGAGOR." and FIRST iEOERA~ $AVINGS AND IOAN ASSOCIATION OF fORT PIERCE. ~ wrpaat~on orp~~ized and existing unde~ the (sws of the United Statos of Americ~ and Mvir.g if~ principa) pl~c~ of busin~a in tM City of Fort PiNC~, Sf. lucie Counry, Fiwids, herein~ller desig~ated as ~he "MORiGAGEE:' , ( WHEREAS th~ MORTGAGOR a justly indebled ro ths MORTGAGEE in the :um of = 22 ~~0 • good and lawful R~oney o( ~he United ~ S~ates advanced by the MURiGAGEE unto the MORIGAGOR, as evidenced by a cer~ain prom~uay note oi even date herewith, of wh~ch ~Iw fci!owinp io ~.ords and (igures if a Irue topY. to-wit: . ~ 2l, 000 . 00 r,~, 11 W0344 Fwt Pieres, Fiaid~. AU(]USt 21 ~ ~q_1~ Fw~value raceived, 1, we or either of us, p~amise to y, without defalcation, to Ihe o+dm of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATiON OF - 22. ~O.On . . . o :-i'.F:.C ui tvcj i-~2i~t'i ~w:.ue. ii~c sv.i. vi i-..----- ~h~ii1 ~~~~r~oai iiwi~~ uoic ai i~w fnie ~i p N2! O~~iiV:ii~ ~i~ ~~.w.ii.~~i •~.iid~r an~s as (otlows: S 198 • O0 on the ?~t~l. day of 9ctober ~q7~_ and a like wm on the corresponding day of each month therr 3~rer uMil the whole be fully paid. i_, . • - , Each installmeot firsl shall be appl~ed in payment of the interost and then on the unpa~d balaqce bt`the printipal sum. If default is made in the ~~;:,:rnt of any insta~~ment when due, and such default continues 30 dayf, then at the opti7n of the holder, and without any other notice, all the remaining ,~~s~allments shall be due and payable at once. P~ivilege is given to prepay this rwte in whole or in p~rt at any time wilhoul penalfy. NeitF~ fwebearuxe, ~o- acceptance by ~he hoider thereof a(~er any default in any payments hereon, shall be deemed extension. A late payment charge of S 9• 9O sh~~~ bs ~d~_~d to each instaliment rcmaining unpaid 7 days after ib due date, and a like wm shall be added to each such installme~t remaining unpaid 7 days ahe~ ~ each sutteedirg payment date. Each maker, s~rety and endor:er hereof, jointly and severa~ly, waives demand, presentment proteat and notice of protest fw rw~paymen), and furtha a;~rres to any extens~on of tirne of payment, e~ther before w after maturiry, w~thout not~ce to any o( us; a~d to pay all costs of collection, includiny a ~~~.asonable attor~ey's fee in the event af any default hereundzr, and hereby severally waives all benefit of homestcad and exemption under the constitution ' s•,d laws of each State of the United States, as against this obligation or any ex~ensio~ o~ renewal hereof. , i Ylitness the hand and seal of each party. _ 1 ~ " ' ' ~ "S/ Lloyd Erickson (SEAI~ ts~?U - irginia ric son ~f~ a $33 . 00 - ~ ~ State Revenue i9ialf~faXclfnl~l~di)6n Y~j7K~Cafia[o1C - NO'~lV, THEREFORE, the MORTGAGOR fw the purpose of setu~ing payment of said s~~m of j 22 ~~0 • O0 , and the performance of the co~znants snd egreemeots here;nafter expressed, and fw divers good and vslvable cons~derations, by these p?esents, does grent, bargain, sell, remise, r~~:ease, conve and confirm unlo the MORiGAGEE, its succeswrs and assigns, all that certain bt, piece or parcet of land, situate, lying; u~d beiop in ths ~ u Co~nry oi t•-Lueie ~,d Sta1e of Flo.ida, desv~bed ~s fdtows: ~ Lot 7, Block 2, ORANGE BLOSSOM ESTATES, Second Ad"dition, as per plat thereof on ~ file in Plat Book 14, at page 2, of the Public Records of St. Lucie County, ~ F'lorida. - . ~~al- ~e~s-Co/~-~~ 7 By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the :vithin mortgage secures not only an existing indebtedness, but also :1~VANCES to be HER,FAFTfiR made by Mortgagee to Diortgag or, the aggregate of which will equal the principal amount specified in the promissory note secured hereby. . f ~ : RIL~A ~ ~ :,:T ~T ` R~_;_ ~ 5~ ~v„ ~ c: 1~ 4: ~'~t;:~1EN~A - _>~t~.~:----__" , ..t . I ' ; ~ ~E~.. U~ RiYEPiUE ~ 3. 0 4 i ~ ~ : Z~.~~, ~ry~?; - 3 nuF ~ = PB. ' _ ~ ~ ~ ~C' INT IN PAYMEIYT OF TIU(Q ~ ~ ~ ~NMT TO q~ApiER 7I.BLE PERSpIYAL p~p~~ ' pps~ S aF 1971. ~ ~ ~ ~Rq?fi Sf, El1CfE 00, fUl ~ 3 ~ >cgerher with all and singular the tenements, hereditaments ar?d appurtances thereunto belaging p in ~nywise ippe~tsinirg thereto, ~nd ~II reMt, iuues, ~ c.~oceeds and pro(its acvuing and to accrue from said premises, all of which are intluded in tF~e above ~nd foreyoinp dewiption and hsbendum. ~ g~ TO HAVE AND TO HOtD the above described and grsnted premises unto the said MORTGACaEE, its svccesaon and ~uigra fwever. And t!w said ~ their = ~:,ORTGAGOR fw heirs, exea~+at, administratws and assgns, l~ereby covenaob with the said MORTGAGEE, lts successon u~d ~ssipro, . } __they dLe Iawfulty se~zed of the said prem~ses in fee simple; thst the same sre free, clear ~nd diuh~ryed from ~II li~ns and a~cwn- c~ances in Iaw w in equity, and that they W~~~ a~ their he~n shall warrant_and defend the title to the wme to the said :~.~iRTGAGEE, its successors and auigns, fo~ever sgainst ihe Iswful claims and dem~nds of s!1 penot?f; ~ ~ PROVIDEO, AlWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE ~he promiswry note hereinbefwe deuribed a~d shall fruly, promptly a~d fully perform, dixharge, execute, compfete, comply with and ab~de by each and every the stipul~tions, agreements, conditions •nd coverwnn of said - ::-o^~~ssary rate snd of this Mwtgage, then this Mwtgsge and the Estate hereby ueated ahsll cease and be aull aod void. a IT IS UNDERSTOOD that the word "Mwtgago~" whether in the singular or plunl soyvrhere in this Mortgsge, shall be urq~lar if on~ only and ~ shall be plural jointly and severally if more than one, and lhat the wwd "tF~eir' as used ~nywhere in this Mortgspe tMll be taken to mea~ "his;' "hen;' dftl ~ c- "irs," wherover the context w implies or adm~ts. Also, that wherever there is s reference in the tovenants ~nd ~greemenri herein cont~ined to any of U~ ~ +he parties hereto, the seme shall be construed to mean ss well as the heirs, Iegsl representatives, successon and assigra (eitixr voluMary by ~ct o~ th~ ~ ~ parr~es w involuotsry by operatlon of the law) of the same and that the cwenants herein contained shsll bir?d and the benefifs snd adventapes iow~ ~ ~ rc +he respective he'us, legsl representafives, succeuors a~d au'gns of the parties F~ereto. ~ Md said Mortgsgors, For themulves and their hein, legsl representatives, iuccessors and auigns, hereby jaoNy and sevaally cove~ant and pne ~ ~ ro and wifh the ssid MORTGAGEE, iu successors and assigr?s: ~ 1. To pay all snd singular the principal and imerctt snd the various and sundry swns of rnoney payaWe by virtue of ssid p?omiaaory note, snd this ~ •nortgage, esch snd every, promptly on the days respectively the ssme severally become dve. ~ 2. To psy all and tingvlar the tsxes, asusunents, levies, li~bilities, obligations snd entvmb?ances of every n~fure ~nd ki~d now on said descrlbed = property, w that hereafter may be impoted, suffrcd, plxed, kvied, or assessed ti~ereon, a tMt hereafter may be levied w aue~sed vpon fhb Maf¢ - ~ ~ge, o+ the indeb+ed~uu secured hereby, exh and every, when dve and payabk, accwdiny to law, before they become delinquent, and b~for~ a~y intereat ~ ~ a<<zcnes or any penalty is incurred; AND INSOfAR AS ANY THEREOP IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARCsEO OF r~CORD PND iHE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENDORSED OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the ~vent tFuf any thereof is nof + pa~d, sat'sfied and diuhsrged said MORTGAGEE may at any time psy the same a any part thereof withovt wsivi~g or affectin~ any option, lien, pvify or ~~aht under or by virtue oi this mortgage and the full amovnt of each and every such payment shall be immediately due ~nd p~yable and shsll bear intarest t ~-r- e-' ca z~ .are of nine per centum per ennum and together w~th such interest ~hall be secured by ihe lien of th s morg~age ~ ~ _ _ _ . ~s ~a~ G~'-,'f ~~FArr'_