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Home My WebLink About0177 ~ 31~5~1 ~ s THIS INDENTURE. Mad~ the 17Lf1 ~Y of Septenber A.O. 19_75. betwr~n Robert V~nce Ssith JY.~ a ainal~ adu~t ~ , p{ St . Ll1C~@ Cpynfy Flotid~, hN~inaftK de~ignated as fh~ "MORTGAGOR," and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fOR1 PIERCE, a oo?por~tio~ wyanfsed and ~xutinp unda tM laws of tM Un~tad Sat~s of AmeNu and haviny iM p~incipal plac~ of bv~ss in 1M Ctty of fort Pisrc~, St. lucie Couoty. Florida, htNinaha dssipnated as 1M "MORTGAGEE:' WHEREAS /M MORTGAGOR is justty indsbted to tM MORTGAGEE ia the sum o( S 1G ~ SOO. ~0 ~ood and lawiul money of ths United Stst~t ~dv~nced by tM MORTGAGEE unto th~ MORiGAGOR, ~s evidencad by s ce~tain p~omiuo~y note of even da~e F~rewith, af wh~ch the toilowing in wad~ a f' ur is a trw copY. towit: i ~ 16 ~~0~. ~O ~ 10021592 a Fwt Pisrc~, Fluida, September 17 19 75 ~ Fw value r~c~ived, 1, we w either of us, promise to pay, without defalcatio~, to the order of FIRST FEOERAI SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE at Fort Pie~ce, flwida, the sum of i 16s5~•0O w;th ~ntarest from date at the rate of 9•~°,Ko per annum, in mo~thly instalM ments as Fo1lows: t 169•~0 p~ Z~tfl ~y af October ~~q__7S and a like sum on the correspond~ng day oi each rr.onth there- .tK. t~ Whot~ be fully pa~d. Each installmenl first shsll be appl~ed in payment of the interest and then o~ ths ur.paid balsnce ol tFie prinupal sum. If de(ault ii .made i~ the payment of ~ny installment when due, and such defautt continues 30 days, then at the opteon of the holder, and witho.,t any other notice, all the remaini~p installments iha{I be du~ and payable at once. Privileg~ is yiveo to prtpay this note in whot+ or in part at ~~5y time without penelty. Neither forebearante, nor uceptant~ by the holder thercof after sny default in eny psymcnts hereon, shall be dcemed extension. A late payment charge of :~a4Q~ shall be added to each installment remaining unpaid 7 days after its dve d~te, and a like sum ~hal{ tx added lo each such installment remaining unpaid 7 days aft~r each succeedinp p~ymsnt date. Each maker, surety and er+dwxr he~eof, jointly and severally, waives dema~d, presentment protest and notice of protest for nonpaymcnt, end furthsr sgrees to any extcnian of time of payrrKnt, either before or afte? matu~ity, without no~~ce to any of us; and to pay alI costs of collection, includinp a reasonabk artwney's fee in the event of any default hereunder, and hereby severally wsives all benefit of homestead and exemption under 1he co+utitution and laws of each State of the United States, as against this obligation w any extension or ~enawal hereof. Witness the hand and seal of e~ch party. ' s~lRobert Vance Ssith"9r. ~~i~ ~ ~ M f Mr+~o~R aM~ Twce ' cs~~?u Dlt °!!'~~E'C ~t.L :;:tf .~-.~~+i~i ~Y, i'x:.t~ rYRSlMIfi i0 p1A?~' 7' 1'' ~'-'t OF 1lll. -r, (s~?t~ ~ $ 24 . ? 5 ~ Stats R enw ' . • • ( ~.w~s-Mwc.lbi«.•Ki~iwd•Mt~•EA( CIRqlIT O(~vki. ,i~. w~.~E 00~ F1A . NOW, THEREFORE, the MORTGAGOR iw the purpose of seturing payment f said sum of s 1(]~.SOO ~OO ~nd the pKformsnce of tM covenants and sgrxrrKnrs hereinafte~ expres~ed, and for divers yood and valuable tonsiderations, by theu presents, does g~ent, bargain, setl, remits, release, convey and confirm unto the MORiGAGEE, its successors and ~ssigns, all that certai~ bf, piece or pucel of land, situate, lying, and beinp in fh~ ~ St. Lucie ~~d State of Fiorida, descrioed as foHows: ~ Parcel *1: The following paYCel of land as shown on plat of KoblegaYds' S/D of part of Lot 3, of Russells' S/D of part of Section 28, ?ormship 34 South, Range 40 Bast, as per plat thereof on file in Plat Book 1, page 22, of the ; public records of St. Lucie County, Florida, the North 70 f¢et of South 105 ; feet of plot aarked "C. Russell" on above described plat; said plot being approxiaately 210 feet square and being SB acre of Lot 3 of said Russells' S/D. . Parcel +~2: Beginning at the intersection of the N line of Lot 12 of said Koblegards' S/O with the West line of said plot marked "C. ROS6BLL" on said aap; thence Bast to the point of beginning. Parcel.~3: Beginning at the NW corner of Parcel 2 above described, thence run West 200 feet, thence South 80 feet, then in a Noztheasterly diYection to the SW corner of said Parcel 2, thence North 70 feet, more or less to the point of beginning. . Including riparian rights and any and all inpYOVeaents loca?ted thereon. By agreement of Mortgagor and Mortgagee on file with Moztgagee, the within mortgage secuYes not only an r existing indebtedness, but also ADVANCBS to be HfiRB- w~'r~ ~ade oy ~iortgagee to ~fnrigagor , ~he aggregate ~ of which will equal the principal aaount specif ied in ; the proaiissory note secured hereby. together witF~ sll and sing~lar the te~ements, herediqme~b and appurtanca thereunro belonging or in anywise ~ppertai~i~g tl~ereto, ~nd all rtnb. Issues, ~ poceeds u~d prof~ts scuuing and to accrue from uid premises, all of which ue induded in the ~bove and foregoirg description and habendum. ~ ~ k TO HAVE AND TO HOID the above desuibed and graroed ptdmises unto the seid AM1ORTGAGEE, in wccesson and ~ssipns forev~r. And th~ said AAORTGAGOR (or their executon, administratw: and •~signs, hercby tovenanrs witF~ the uid MORTGAGEE, ib suaeuws ~nd assi~ro, ; the are ~ that x - ~swfully ieized of the ssid premiset in fee simple; thaf the same ~re fres, dear snd discharyed ~rom ~II liens and ~ncum~ ~ brarxes in Iaw w in equity, snd thst they w~ll and thein c~in shall wsrrant and defend the title to the iam~ to tM sald ~ MORTGAGEE, its successors and auigns, iorever against the Iswful claims and demands of all pertons; PROVIDED, ALWAYS that if ti~e MORTGAGOR shall psy unto the MORTGAGEE the piomiuory rate hereinbefwe dexribed and sMll trvly, promptly and fully perfwm, d~achsrge, execute, compkte, com~~y with and abide by esch ~nd evcry the stipulatiau, sgreements, conditiau ~nd ooven~nri of a~id promissory rate and of this Mortyage, thcn tbis Moregage and the Estate hereby veated shall ce~se a~d be null and void. pv~ IT IS UN~ERSTOOD that the word "Matysga" whether in the singuiar or plural ~nywhere in th~s Mortgage, shall be sirgular if oM only and . •hall be p~ural joiMly ~nd teverally if more than one, and that the wwd "their" as used soywhere in this Mortg~ge shall be take~ to ms~n "his,•• •'htn,•• ~ a'its," wherever tF~e context so implies or admits. Atso, that wF~erever there is a refe?ence in the cwenanb and agreemtnts herein oontained to am ef ~ the parties hereto, the s+me shall be conurued to me+n ai weli as the heirs, kyal representativet, s~ccessas snd aisi9ns (either vdunary by ~ct of th~ panies or involumary by ope~ation of the law) of the same a~d that the covenants herein contained shall bind snd the benefi» ard ~dvantapes inw~ ~ to t!x respective hei~s, le~al representatives, successors and ass'gns of the parties hersto. ~ Md iaid Mortgagors, for themklves and their heirs, legsl representatives, s~ccesson ~nd assiy~s, hereby jointly ~nd uverally COVf11MT ~fld I~f~! ,,,y~~ ro ~nd with the said MORTGAGEE, ib successor: snd ~uigm: 1. To psy all and sinpular the principal and interost and the varaus and wnd~y sums of money payable by virtw of said promissory note, ~nd thia ~ monyaye, each ~nd every, prompdy on tFN days respectively the s~me sewrally becan~ due. 2. To p~y dl and s~rg~lar the axes, sssessments, kv'~es, liabilitie~, obl~y~tions and encumb~~nces of ~very natwe ~nd kind naw o~ said d~srn'b~d prope~ty, w th~t he~eaher may bs imposal, suEfered, pl+ced, levied, or ~ssessed thereon, a thst hereafta may be levied a useasd upon this IMorp- pe, w th~ indebtedness secured her~by. ~acfi and every, when due and payabk. _accwdinp to law, befw~ they became d~linque~t, ~nd btfon ~ny ir~ter~st snsthes a any penalry is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THf SAME SHAII HE PROMPTLY SATISFIEO AND OISCHARGEO OF RKORD AND 1HE ORIGINAI OffIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIAILY ENDORSEO OR GERiIF1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in fhs event that ~ny ihenof is ra1 psid, s~t'sfied and dixh~rged sa:d Al10RTGAGEE may at any time pay the same a any part thereof without waiving or affecting any optiw~, lien, eqviry or •pht under o? by virtue of this mortgspe and the full amount of each ~nd evny such payment shsll be immedistely due and payabk and shall b~ar int~res~ kom the date tFrereof until paid at rate of nine per centum per annurn and toyether w~th such i~terest shall be secured by the lien of th:s mor9ta9e. ~ ~ ~ W- i~~ : ~ _ . _ ~