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Home My WebLink About2088 ?HIS INDENTURE, N4~ th~ ath d, of September , A.~. 19~~ b~twNn H. H.. Reese anc~ Irene H. Reese his wife~ ~ . i ~ ` ' t of - St . I.ucie ~ Cpm1y Florida, MreinaftK d~tiynated as tM "MORTGAGOR;' u~d FIRST FEDERAL SAVINGS AN~ IJAN ASSO~IATION OF fORT Pi"c:.:.. ~ corppation wy~nued ~nd exia~inp vndw IM laws of tM United Sut~s o( Amaiu ar+d Mvinp Ms princip~l pl~ of busintas tn ~M Ciry of Fat Pi~rc~. St. luca Go~nty, Florid~, I+aeinafter d~sipn+tsd as tM "MORTGAGEE:' ' WHEREAS th~ MORTGAGpR is ivstly indsbt~d w tFr MORTGAGEE in ths ium ot = 26~ 4~0.~~ . yood ~nd lawful .r+oney of th~ Un~ted i Srares advanced by the 1AORTGAGEE vnto the MOR(GACsOR, as evide~ced by a cerr~;n promiu«y note of even date M?ewith of which tFw ~ollowinp In ~ i o~~'6'n~0~:~~~' a t~w coPy. w.Y~t: ri~ 13000133 Fon Pi~rce, florida, C~+nla~±hs~r A 75 Fw value received, t, we w either oi vs, promise to pay, wirhout def~lation, ~o the wde~ of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE a~ fat Pierce, f~ri~a, the sum of = ~r! 4O0•~~ w;~h ime~es~ irom date at the rate of 8•7-76 pa snnum, in monthly instal{- ~~:e~rs as foltows: f 218•~~ on the d~y of Deee~ber_, 19~1~ ~nd s tik~ sum on the corrospa?d~np day of each month tl?K~- aiter uotil ~he whole be fully paid. Each i+utallment first shall bs applied in payment of the intereat and then on the u~paid b~lance of the printipsl sum. lf default is mad~ in tM Fa,~ment oi aoy insullment when due, and such default continues 30 day~, thcn at the option of the holder, and without sny other nofice, a11 the rem~ininp ~nsta~lments ahall be due and p+yable s~ a~ce. Privtlcge is yiven to p?epay this note in whole or in psrt at any timt without penalty. Neithar fw~btara~u, ~or actepunc~ by the holder iF~ereof afte~ any deFautt in any paymsroi hcreon. shall be dcemed extens;on. A late payment cMr~ of i~-~ •9O shall b~ ~dd>d ro each installment remaininp unpa~d 7 days after its due dste, and • like sum shall b~ added to each such installmtot remain'u~g uop~id 7 dayt ahsr each i~cceeding paYmen? date. Exh maker, surety and endwsen c~reof, janNy and ~everally, waives demand, presentment prote~t and notice of protest fw nonpayment, and furthsr agrees to any extension of time of payment, eithct befwe w aher malurity, withaut notice to ~ny of us; and to pay sll coats of collec~ion, includinp a reasonabk attorney's fee in the evcnt oI any default herfunder, and ixreby sevcrolly waives all benefit of homesttsd ~nd exemption unde~ fM tonttitution a~td laws of each State of the United States, as against this obligation or any extensan w renewal hereof. . . ~ ~ 4 ' ,-i, ' , Wilness the hand and seal of each party. , , . , . . , . S/ H. H. Reese ~U t5~?U S,/ ene H. _tees ~ 39.60 ~ State Revenus ' ~u i6?eiw's-unt.u.d.aw oiyi+~ai wN~ NOW, THEREFORE, ~he MORTGAGOR for the purpox of secvring p~yment of s~id iwn of : 26+4~~.~Q ~ ~nd the performance of th~ covenants and aQreements hereinsfter exp~essed, and iw divers yood and v~lwbl~ cansider~tions, by th~s~ presents, does pr~nt, barpain, sel1, remise, relrase, conv~y and confirm unto the MORTGAGEE, its ~uccessors and suigns, all that ceria+n lof, pieu w putel of land, sitwf~, lying, and beG+y in th~ Couny of St I,,11C1e ~ State of Fbrids, dasc~ib~d as fdlaws: _ Lot 18, Block 392~ PORT ST. LUCIE, SEC?ION 24, as per plat thereof on file in ?lat Book 13~ page 31 of the pub~ic records of St. Lucie.Co ty, Florida ~u~?c! - 6~-- O~ ~ - CC't~~ Ry agreement of Mortgagoz. and Mortgagee on file ~?it~ Mortgagee, the within mortgage secures not only an existing indebtedness~ but also ADVANCES to be HERE• ~~~TER made by biortgagee to Mortgagor, the aggregate of which will ~equal the prin- rioal amount specified in the promissory note secu.red hereby. N , o? S 7AT _ Gd~~''~'`~ 1~~~ D E ~I ~ N oE-QC~ /IqF----~~RT~', S ~ R~~A ~ ~ ~o ~ ! n`~. ~r = _ r.r ' `'„-=/t ~ 11•`y'' ! p82." SfPlr~ . ~ ~ t Q ~ If10 ' + A ~ ' ' •'awr+~ ~ ~ V , ~ ~ rr ~ ~ ~ - ~ ~ rogetMr with alt and singular the tenern~nn, h~red~tsments and sppurtsnces thereunto b~brging a in anywite appsrtaiiw~p thenro, and ~11 r~nts, bsws, ~ oroceeds and profits xuuirg a~d to accrue from said premises, all of whid~ are included in ths abo~w and fonpoinp dauiption and habu~dixn. ~ TO HAVE AND TO HOLO the above deiaibed snd ~r~nted premi~es unto the s~id MORTGAGEE, its woussors and auipru forwa. Md tIN wid 3 their ~ -wORTGAGOR for - - heirs, e:ecutors, adminisrraton and ~ssiyea, hereby covenson with tM s~id MORTGAGEE, its wapson ~nd asiprn, ( ~ rhat ~h~t~ are _ tawt~uy se~zed of the ssid premises in fee iimple; tMt th~ sxe~ us fr~, cl~ar ud di~chsrpad from all li~ra and ~ncun~ ~ brances in law or in equity, tnd that theY W~~~ their ~~n ~y~~ w~rrant and defeed 1M tltk b tFw sarrw to tM s~id ' ~ MORiGAGEE, it~ succeuors and auigns, forever against the Iswful clixra ~nd dem~nds of ~I) persoos; F ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto fhe MORTGAGEE tM promatory note hsrtinbsfon d~wib~d and si~all Nuly, pranptly ~ and fully perform, d~schsrge, execute, complete, comply with and abide by e~ch ~nd every 1he stipulstioru, apresmenri, ~tions and aoven~nb of said ~ ? prem~ssory note and of this Mortgage, then thit Matg~ge and the Esute hereby neated shall ce~s~ u~d b~ null ard void. ; IT IS UNDERSTOOD that the word "Mwtyagor' wlxther in the sirgular a plwal ~nywh~re in tl~is Morfyspe, shall be siigular if ont only and ~ :hati be pl~ral joi~tly ~nd severally if more th~n one. ~nd that the word "their" as ukd ~nywher~ in this Mort9spe shall bs taken Io mean •'hb,° "Iwrs,« `~i~ ~ cr "in;' wherever the context so implies w admifs. Also, th~t wherevei there is a reference in th~ covanann snd ~prawnenfs Mrei~ oontaieKd to u~y of ~ ~ rhe psrYies hereto, the same shaii be ~onurued to mee~ ss well ~s the hein, kyal represenHtives, succsuws and assipra (tith~? voluntary by act of th~ ~ g parties a~voiuntary by opention of the law) of the same s~d that the covcnann herein contained ~l+all bind •nd rM ben.fin and advanr.p.s i~wr. ~ +o ~he rapective heirs, leysl represemativp, wccessors and ~u°yns of the parties hereta ~ ~ And ssid Mortgapon, far themselves and rheir heirs, leyal represenrarives, succeswn ~nd assipro, hereby jointly and stvKdly tovsn~M and apre~ +o and with the ssid MORTGAGEE, in wcuuors and ~uip~n: ~ ~ n ~ 1. To pay all and sirgulu fhe principal ~nd interest and the various a~d sundry sums of mo~ey p~Yable by vinve of said promissory note. ~nd thia ~ mortgape, each u~d every, promptly on the days respectively the same sewnllr becane due. 2. To pay ~II ~nd singul~r the t~xes, assessmenq. IwKi, lisbilities, oblipations ~+d enaKnbr~nces of ewry natw~ and kind now on said daaib~d ~ ~ P~~nY, o? tMt h~re~hN may be impoMd. suffe~ed. Placed, levied, o? ~ssessed thereon, or th~t her~aha may b~ kvied w aueas~d upon tl~ Mort¢ ~ e9e, w ~he indebtedne:s secured herebp, eacb and wKy, when d~e and p~yable. saadinp to law, t»fae they becortw d~lkpwM, and b~ia~ any inta~a atraches w any penalty is incurred; AND INSOfAR AS ANY THcREOF IS OF RKOR~ THE SMIIE SHALL 6E PROMPTLY SATISFIEO AND OISCHARGED OF RECORD AND THE ORIGINAL OFfICIAI OOCUNIENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIALLY ENDORSE~ OR CERTIFIED) SHAU BE PLACED IN 7HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in 1M eveM thsf any thaeof is no~ pairl, tat'sfied and dischargcd sa:d MORTGAGEE may st any time pay the same w any p~rt thereof withovf wirvirg a affectug any option, lien, p~ity p ~~qht under w by v~rtue of this mortype a~d the full amovnt of each and every svch payment shall be immediately dve and paysble ~nd shall bear inte~qt iro-r~ ttio date +hereof ~•nt~l ca d a~ rote of nine per ten?um per aru~um and toyether w~th suth interest shall be setwed by fhe lien of th s morgtape. ~ _ ta, x : . . _ • if ~ ° ~c e~j' .:s ~Z ~7 ~ _ " ~ .