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Home My WebLink About1974 + .s a~,i~ THIS INDENTUR Mad~ ths 29th ~y of AL1C~t1S t _ p,p, ~q 75 bstween A~bert H. Wtvte and Thelma B. White his wife i St . Luci e ` of County Flaida, he~einatta d~signalcd es the '"MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN E ASSOCIATION OF fORT PIERCE, a co~porat~on aganized and exi~~ing under ths laws of ths Un~t~d Staqs of Ameriu and Mvinp its principai plu~ of ~ busir»u in 1M City of For1 Piace, S1. lucie County. Flwida, hereinaiter detiDnated ai IM "MORiGAGEE:' ? ~s and lawful mauy of tha Un~ted + WtlEREAS 1hs MORTGAGOR is justly indebied to tM MORTGAGEE in 1A0 wm 4f S--~ic~e-a~- ~ States advanced by the MORTGAGEE umo the MORTGAG~R, as eviderKed by a ce~tam promiuwy note ot evee? date herewith, of wh~ch the iollowinp in ~ words s f' ure~~s e true copy, to-wit: s 22 ~ ~i~ 11000347 f~, P~«. cia;d,. Auaust 29 , 19 7 S Fot value received, 1, we w either of us, promise to pay, without defalcation, to the ordcr of FIRST FEDERAt SAVINGS AN~ IOAN ASSOCIATtON OF ECRT PIERCE a~ Fort Pierce: Fb~ida, Ine sum of f-?? i~0 • O0 w~~h intere~t (rom dste at the rate of ~+.ss-++lb pe~ ~~~um. lo monthly inilall- ~:~,,,r: as fo~!ows: i~19S.OO_ a, 20th day of December__, ~q__75 and s like sum on the cor~esponddng day of each month there- at+e: un1i1 the whole be f~uy ~,a~d. Each i~stallment first shall be aFp~~ed in paymeni o( ehe interest and then on the ~npaid balance of the princ~pal sum• If default is made in iht F ~v~nent of any instaltme:it when due, and such de(ault cont:nues 30 days, ~hen et ihe op~~on of the holder, and without any other notice, all the remaining ~nstal6nents shall be due and payable at orsce. Privilege is given to prcpay thia note in whole o~ i~ patt at sny time withoul per?alty. Neither forebNr~nce, nor acceplance by the holder thereof aiter any c~eFault in any payrt~ents hereon, shall be dremed extension. A late payment cF?uge of s 9~ 75 shill be .~c1Jed to each instaltme~t remain~ng u~paid 7 dayi after its due date, and a Iike sum shall be added ~o each such installment rem~ining unpaid 7 days after t~ach sutceeding payment date. Each maker, surety and endorser ht~eof, jointly and severalty, waives demand, prese~tmenf protest and notice of protest fw nonpayment, and further a~rees to any extensio~ of ti~ne of payment, either befo~e a aiter maturity, without n~t~ce 1o an•~ of us; snd to pay all toats of cotlection, includiny a ~c.,sonab!e attorney's fee in the event oi any default hereunder, and hereby se~erally waives atl be~efit of homestead and exemption under the tonstifution ,-:d laws of each State of the Un~ted States, as against this obligation o~ any extensio~ or renewal hereof. Wit~ess the hand ~nd seal of each party. S/ Albert H. White ~U cs~?U e ma . ite ~ . ts~w i _$33.0~ Staie Revenue ~ ~2i9[,~i~XrXrifelOD~6?C]i )~M]C7ia(r71C }C NOW, THEREFORE, the MORTGAGOR fo? the purpox of ucuring psyment of said sum of s 22 • and ths perform~nce of 1M covenants and agrcements hereinaiter ezpressed, and fw divers good and valuable considerations, by fhese p~esents, does grant, baryain, sell, remise, rclease, tonvey and con(irm unto the MORiGAGEE, its sutceuors and ssaigns, atf that certain bt, piep ot pstcel of lu~d, sifuate, lying, and being in Ihe Counry of $t. L11ClE' _ and State of Fbrida, dewibed as follows: /~.3/ ~2~.~ - ~ Commence at a point 98 feet Sout of and 310 feet East of the North~vest corner of Section 31, Township 34 South, Range 40 East foz Point of Beginning, from Point of Beginning continue Easterly a distaryce of 90 feet to a point , t hence turn and run southerly a distance of 125 feet to a point , thence turn and run westerly a distatice of 90 feet to a point, thence turn and run northerly to Point of Beginning a distance of 125 feet. 't ~y agreement of Mortgagor and Mortgagee on file with ~ the Mortgagee, the within mortgage secures not only ; an existing indebtedness, but also ADVANCES to be ~ HERFAFTER made by Mortgagee to Mortgagor, the aggregate ~ of which will equal the principal amount specified in the promissory note secured hereby. " STATE ~F F1--ORIDA ~ . ,N w?r?~°R~~a"~n. N stA~ X 1 ~ „~,u~ . o~ N OOCUMENTASI( . R~~~~p~ ~ 1~ ~ pF iyll,~/ ~ c~ DEPT.Of REYENUE ~ i0 p~pjER f~"-~ f ~ N - ~ 3 3. 0 0 1 aos~x fu i ' = IfP I 1'75 ?1lCIE A Y ~~O ~ ~11102 ~w~.+~• ~ Ci~~~ O rogefher w~th all ano su+yu~ar fne Tenemenn, hereditaments +~d appurtances therevnto belonging or in ~nywise +ppert+ininy thereto, and all ten», iuves, p-oceeds and profits accruing and to scuue from said premiset, all of which are included in the sbwt ~nd foreyoiny description snd habendum. i0 HAVE AND TO HOLD tfie above dewibed and granted premises unto the said MORIGAGEE, iri sutcessws and-assgns foreva. And tM ~aid !J:ORTGAGOR for their_ executors, administrators snd auigns, t+ereby covenaon with ~hs said MORTGAGEE, its sutceswn ~nd usipe~t. rha~ they dZ@__ ~awfully seized of the ssid premiscs i~ fee simple; thst the sam~ sre fne, ckar ud d'acharped from all liens u~d ~ brances in law w in equity, and that they w~~~ a~ their ~;n ~ha~~ M,ur~nt and d~fend the title to tF~e sam~ to th~ s+ld '.tiORTGAGEE, its successors and auigns, forever sgainst the lawfut ctaims and demands of all persan; ' PROVIDED, ALWAYS ~hat if the MORTGAGOR shal~ pay u~ro the MORTGAGEE the promissory ~ote herei~befa~ dacribed ~nd sh+ll truly, pranptly ~ a~d fully perform, d~xharge, execute, complete, comply with and abide by each snd every the stipulations, agreemenri, conditions and tovenants of said ~ Yrom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby veated shs1l cease and be rwl) and void. ~i ~ IT IS UNDERSTOOD that the word "Mortgsgor" whethe+ in the s~ngular or plwa) anywFxre in tha~ Mwtgaye, sh+l1 be tinyvlar if one or?ly aod ~ ~ shall be plurs~ jointly and severally if mae fhsn one, and fhat the word "their" as ufed anywhere in fhis Mort9age sh~ll be tsken to mesn "hil;••'Mrs.•• ~ or "it:;' wh~rerer the context so impties o~ admits. Also, that wherever there is a reference in the covenants and spreements hsrei~ conqined to aml of fhe parties hereto, the same sF~all be construed to mea~ as well ss the hein, legal representatives, s~rccessws and auipra (eitF~er voluntary by ac1 of iM ~ pzrtief or involuntary by operation of the taw) of the same- and that the covensnb herei~ contained shall bired a~d tFw bsnefiri and ~clv~nt~p~s inw~ ~ ro the respective heirs, legsl represeMatives, wcceuors and su'gns of the psrties hereto. ~ And ssid Mortgsgors, fw themutves and their hein, legal rep?esentstives, succeuors snd auigrn, hereby joiMly and severally tovenant s~d apr~e /Y~ n ~ ? re and with the said MORTGAGEE, its successors and assigns: 1. To pay +II end singuler the principal and iMerest and the vario~s and iundry sum~ of monsy pay~ble by vi~tue of said promissory note, and this ~ mortgage, esch and every, promptly on the dsys respect+vely the same severally become due• ~G 2. To pay all and singular the tsxes, assessments, levies, Iiabilities, obligsYaos and encumbanoes of evsry nsture uid kind now o~ ~aid d~w~d e prcperty, a that hereafter msy be imposed, suffereA, plated, kvied, or ~uested thereon, or that hereafter may b~ kvied a~s~es~ed ~po~ this Mort¢ ~~D age, or the i~debtedness secured hereby, exh and every, when d~e ~nd psyabte, sccordirg to law, before they becae~e delinq~ent, and beiw~ ~ny imerest a+raches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PRON1PTlY SATISFIEO AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAl( RECEIPT OR THE SATISFACTION PAPER OfflCIAILY ENOORSED OR CERTIFIED) SHAtL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTEP. PAYMENT; snd in the eveM thst any thereof a not pa~d, sar'sfied and diuharged sa:d MORTGAGEE may at any timc pay the same w sny part thereof without waiving w affecting smr option, lien, equity or •~~h~ under or by virtue of this mort9age and the full amou~t of eacF~ and eve?y iuch paymtnt shall be immediately due ~nd payable and shall besr interest <~cT •_~~,e ,'~=.e•_j ~;~r'~! r z d a+ ra+e ol nine per centum per ann~m and toye~het w~th such interest shall be secu?ed by the lien of th s mo~gte^ye ~ _ ' ~ _ - - - - - - - _ , j,;~>~, - - - -s- _ : w;a m~ ~