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Home My WebLink About0179 31'7.5~2 ~ THiS INOENiURE, N4d~ the 22nd day of ~ute~nber A.O. 19?? , b~twNn Theodore P. Swing~e ~ap~ elen 1,.; ingle, his wife af $L. I.I~Cl@ Counfy fbrida. Mr~inaftK detiyna~ed as th~ "MORTGAGOR," ~nd fIRST FEDERAI SAVINGS AND IOAN /?SSOCIATION OF FORT PIERCf, a oorpaation wpani:ed and ~xis~inp undK ~M laws of the United Sutas of ArMrica and Mvi~ itt princtpal plaa of b~sin~~s in tM City of fott~ Pi~rc~, St. l~ti~ Camty, Flaida, hertin~ft~r dtsipnat~d ~s tM "MORiGAGEE." WHEREAS tM MORiGAGOR a justly ind~bt~d to ttw MORTGAGEE in tM :um of s~ 200. 00 g~ ~nd lawful money of tM Un~ted Stat~s ad~ra~+c~d by tM MORTGAGEE unto tM MORTGAGOR, as evid~nced by a cKtaln promiuory rate of even da~s herew~th, of which tM followinp i~ wads and tipurp is ~ Irw copY, to-wiT: 27,200.00 ~,y~ 10021596 - fo?t Pieru. F~o.~a.. ~?p t e~nbe r 2 2 t ~ 9 7 5 Fa valw r~teived, 1, we o~ eitFw~ of ~s, promise to pay, without defa~cation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at fo~t Pi~rce, Fbrida, tM sum of = 2~~ 2~• U~ with interes~ from dste at the rats of 9 96 pe~ annum, in mo~thly install- me~ts ss follows: = 22~ •00 on the2Oth day of ~ovember ~ 19 75 and a Iike sum on the cwrespa?d~ny day of each month thcrr after until the whole be fully paid. Each ir?stallment first ihall be applied in psyment of the interest snd then on 1he ~npaid balance of the princlpal sum. If default is m~ds in ths payment of any installment when ~due, snd such default continues 30 days, lhtn at tFx option of the holder, a~d without any olher notice, all the remaining installments shaU be due and payabk at ot~ce. P~ivilege is given to prepay this note in whol~ or in part at ~ny time without penatty. Neither fwebearaote, nor atcept+nce by the holder thereof after a~y default In any payments hereon, ~hall be deemed extensiw~. A late psyment charg~.of f 11 .4~ sMll bs added to each instaltment remaini~ unpaid 7 days afta ib due dafe, and a like sum shall be added to each such installment remaining unpaid 7 days ~fter Nch sVtCeedi~9 P+YR+~^t date. . Each maker, su~ety and e~dorser hereof, jointly and severally, wsives demand, preuntment protest and notice of protest fw ranpayment, ~nd furthK agrees ro a~y exten~ion of t;me of payment, either before a afte~ ma?urity, without norKe to a~y of us; and to pay all cost~ of colledion, intlud;np a reasonable attorney's iee in the event of any default hereunder, and he.eby uverally waives all benefit of homestead and exernption unde~ t1+e constitution and laws of each State of tF?e United States, as ayainst this obligation a any extension w renewal hereof. ~tness the hand ar+d ~eal of each party. S/ Theodore P. Swinqle ~~y - ~ + ~ ~ ! ISE~?U ~ 5i tielen L. Swinole ~~U ( '~4~ • ~ State Reveow ' ~U X~fiKlclfoKX NOW, THEREFORE, the MQRTGAGOR fw the purpose of securing payment of said sum of s 27 ~ 200 _ ~O ' , and tM rform~nce of th~ P~ covanants and ayreements hereinafter expressed, and fp divcrs good u~d valwble consider~t~a?s, by th~se presents, does grant, baryain, sell, ~emise, releast, convey and tonf'um unto ths lNORTGAGEE, in auccessors and auipns, ill that cert~in lot, piect or p~rcel of land, situa/e, lyirg, ar~d beirg in th~ ~~tY af •~eie , and State of Fforida, desvibed ~a fdlows: . Lots 6, 7, ~i and 9 in Block t3 and the South of what was Charlotte Street, lying between Blocks 7 and ~3 and North of and adjoining the above Lots 6 to 9, inclusive of White City, as per plat of said Subdivision on file in Plat Book 1, page 22 of the public records ' of St. Lucie County, Florida ~ ~ By agzeen~ent of Mortgagor and Mortgagee on file with Mortgagee, the within uoztgage secures not only an existing indebtedness, but also ADVANCES to be IffiRE- AFT6R aade by Mortgagee to Mortgagor~ the aggregate of which will equal the principal avount specified in the promissory note secured hereby. ~ ~ 111 plYII~1E1if OF T~ ou~ o~ aw r Mr~e ~ n~n, ~wrt ~o a~rrE~ n-i3~. eCrs oF ~9~~. ~f~A ~osot rotia?~ - ~ A11p~t~ ;~,u~n, a~. wr.K ~i?, ' togethN with sll and singulu tfie tenements, hereditaments a~d appwtsnces thsreunto belongirg a in a~ywae appertaining thereto, ard aU r~nb, isfws, proceeds and prof~ts ~ccruing and to accrue from said premises, sll of which are included in the above snd fweparg description and hsbsndum. TO HAVE AND TO HOLD the +bove described and yranfed p?emises unto the said MORTGAGEE, its suecessors snd suiyns fwever. Md th~ said ~ MORTGAGOR fa t he 1 Y heirs, eaecuton, administrstas and •uigns, hereby covenants with the said AhORTGAGfE, its succ~sson u~d assipm, t h e y a r e d ~.d f.an •u ~~s .nd .~cw~+~ ~ tMt - lawfully teized of the said premists in fee tim e; that tFw sarn~ ~ro free, ck~r ~nd dixhsr b~srxet in I~w a in cquity, snd thst Lt12}C will a„d - their heirs shail warrant and defend ths titl~ ro rM sam. ~o rtw wid ~ MORTGACsEE, its successors and sui9ns, forever aqainst the Iswful claims snd demsnds of all p~rsons; PROVIDED, ALWAYS that if the MORTGAGOR sh~ll p~y unto the MORTGAGEE'the promissory note hersinbefwt deacribed ~nd siwll huly, promptly and fully perfwm, d~uh~r4e, execuro, compkte, comply with and ~bide by e~ch snd every the stipvbriaa, syreements, conditions ~nd oovenu?ts of uid promiswry note and of this Mortg~ye, then thii Nbrtgsge aod the Estate hereby aeated ihall uase and b~ nvll and void. IT IS UNDERSTOOD that the word "Mortysyw" whether in the singular or plural anywF~er~ in this Mort9ape, ihall be sir~yulu if a+e only ~nd ~hall be plvral jointly and ~everelly if more than one. ~nd that the word "their" ~s used ~nywhere in tha Mwt9a9e shall be t~ken to mean •'his,•• •'h~rs;• ~'e' or 'its," whaever the contexf w impties a ~dmits. Also, thst where~er fhere is • reference in the cwena~b end apreert~cnls htrein co~tairwd to arry of o~p the puties hereto, the same shall be const~~ed to mean es well as the hein, 1e9a1 ~~presentstires, svaesson snd assi9m (eithar voluntary by act of tM p~rties or involumary by ope~atan of the Isw) of the same a~d that the covenants herein cont~ined ~hall bind and the bernfits and advsntapa imin ~ ~o ti~e respective hein, ky~l representatives, succeuws snd ~u~gns of the p~rties hereto. Md said M4ortgapors. for themselvq snd their MKS, legal repre~nt~tives, suaeuors and auiyr?s, hereby joinNy snd sewrally covenant ~~d ~pnt w and with ths said MORTGAGEE, in successon and assgm: ~ 1. To pay all and sinyulu the pri~c;pal and imerat and the vsriws and aundry sums of money payible by virtve of said promissory note, and N~is mwty+ye, each and tvery, promptly on the days respectively tM sama sev~rolly becomt due. s 2. To ~ pay all and sirgular tF» taxes, useumentt, kvie~. liabilit~es. obliQstions and encvmbrances of tvery n~tw~ ~nd ki~d now o~ said descriMd ~.,y propKty, ar that hereaha maY be impo~ed, suffe~ed, pl~ced, levied, w asscued thereon, a thst hereafter mey be kvied or ~aKSwd upon t1Y~ Mortp. ap~, a th~ ird~btedness secvred hereby, esch snd teery, when d~e ~nd payable. +csordinp ro law, befwe they become delinqvent, ~nd befon any Imar~st attaches a~ny penalty it incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO 1NE SMAE SHAII 6E PROMPitY SATISFIED AND OISCHARGED OF RKORD AND THE ORIGINAI OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMFR OfFICIAItY ENDORSED OR CERiIFIE~) SNALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN DAYS NEXi AFTER PAYMENT; u?d in the twro thst ~ny thtnof ia no1 - paid, sat'~fied and distharged sa:d MORTGAGEE may at any time pay th! ssme w any part thereof withovt waivinp w sf/ectinp any option, I'~en, equity or •iqht under or by vinue of this mortga9e and the full amount of each and every :uch payment sh~ll be immediately due and p~yable and shall btar inferest ~rom the dstt thereof until paid at rate of nine per centum per an~um snd toyether w~th such interest shall be ucured by the lien of rh:• morfltage. ~ ~ . . - - ~