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Home My WebLink About1349 , ~ vi+0a~a~1 ~ . TMIS INOENTURE, Made the 30th d~y of Sc'ptember - A.~. i9_2,~, betv+~e'~ Ronald W. Martin and Ronnie J. M~rxin~ his wife of cJt . Lucie County Fiwid~, he~einst~er dei~yna~ed es ~he "MORTGAGOR;' and FIRST iEDERAI SAVINGS AND IOAN ASSOCIAiION OF FORT PIfRCE, a corporo~iw+ orga~i:ed and ex~~ting unde~ 1he laws oF tF?e Un~ted Statts of Americ+ and Mv~ng it~ principa) plau of busineis in tM City of Fo~t Pie~ce, S~. lucie Cou~ty, ftwida, hereinafte~ de:ignated as the "MORiGAGEE:' WHEREAS ths MORTGAGOR is justly indebted to ~ha MORTGAGEE in the sum of S_ 23 + S~0 . good and lawiul mon~y o( ths United ;rates advanced by the MOR(GAGEE unro tFrs MORTGAGOR, as eride~xed by a cer~a;n promissory nota of eve~ date herewith, of wh~ch the tollowirp in ~o;.d~;n~liaurc~~ a tr~e copy, to-w»: ~ 11000352 2 5W s_ Fort Pierce, Fluida, September 3~ ~q75 Fw value received, 1, vve or either of us, prom~se to pay, without defalcar~o~, to the order of FIRSi FEDERA~ SAVINGS AND LOAN ASSOCIATION Of s~>RT PIERCf al Fort Pierce, florida, thr sum of 5--23-1 5~~• - W;th interest from date et ~he rate of ~-:o pe~ aonum, in monthly install- <<-:~rs as fot!ows: 5--21? •-0~ _~~he _ 20t }~sy of November_, ~v_ 7S a„d a like ~um c+n the correspond~ng day of eath momh therr a~rer until the who!e be fuUy paid. fach installment iirst s'~all be apptiad in payment of the interest artd then en the unpa~d 6a~ance of the principal sum. If default is made in the F.,,n,ent of any inaraHment when due, and wch drfauN cont~nues 30 days, then at tne opti~n of Ihe hoider, and without any other notice, all the remaining ~~:,~allments shall be due and payablc at once. Privilege is givrn to prepay this note in whole or in pa~t at any time wi~hout penalty. Neiihet totebea~ante, r.or acccptance by the ho~Jer the.eof af:er any deiault in any payments hercon, shail be deem.ed eatension. A late payment charge o( j~'0--=-.60 sha~) be .~~.f_d ~o each instaliment remain~ng unpa~d 7 days after its d~e date, and a!ike sum shalf be added to each such instaliment remaining unpaid 7 days after each aueceeding payment date. Each make?, surety and endorser hereof, jointly and severally, wa:vea demand, presentmenf protest end notke of p~oteat fw no~payment, and furfhe~ a.jrees to any e~?ension of time of p~yine~it, e~ther ba(ore or after matwiry, wi~'rwut notice to any of us; and to pay all costs of eollection, ineludirg e ~<~,sonable attorney"s Fee in the ev~nt of any deEa~ir hereunder, and hereby seve.alty waives all benefit of homestead and exemption under the tonstitutan •rd faws of each Srate of the Un~tzci States, as against this obligation w any eRtens~on or renewal hereof. Witness the hand and seal of ea:h pa~ty. . S/ Ronald W. Martin ~U (s~?U S/ Bonnie J. Martin ~?u (s~?U 3 $ . 2$ $tate Revenue xxaa-~car~o~taa~oicx~0~aatyaac~cx - p pose of sacu.in a ment of sa~d sum of = ~.~d the performsnce of fhe NOW, THEREfORE, the MORTGAGOR fw the ur g p y 23 . 50~ covenants and agreements hereinafter expressed, and for d~vers good and vatuable cons~derations, by these p?eunri, does granL bargain, selt, remise, ._~e~se, convey and confirm unto the MORTGFGEf, its svccrssors and assigns, all that cenain lot, piete or partel of land, titustt, lying, and being in ths County of St. I'uCle and State of florida, dew~bed es folfows: . \ Lot 1, Block 2, of ~FLEETW~OOD ACRES, as per Plst thereof on file in Plat ~ Fiook 10, Page 78, of the Public Records of 5t. I.ucie County, rlorida. ~ C Ry agreemen± of Alortgagor and Mortgagee on file with the piortgagee, the \ tivithin mortgage secures not only an existing indebtedness, but also ADVANCES t~ to be HEREAFTER made by Mortgagee to hiortgagor, the aggregate of which will equal the principal amount specified in the promissory note secured hereby. ~ C ~ ~ ~ f i C 1 ~ STAT E ~ ~ F L J R ~ ~ A ~ ~c~ -U ~ r,~,M~ ~ ~ ~ ~ ~Z O~CUMENTARY~~,-,~:,~.ST~ MP I t_a. { DUE ON C1A96'C NRAN61BlF rER90NAL PROPERIY, ~ c" ?~PT. Uf REYEI+IUE ~'~ti- ~ ~ PURSIW'« TO CFIAriQ 71-134„ ALTS OF 19)1~~ K~ x7-~~~~:~~~' 3 5. Z 5 1 ~ Pe. ~ ae~c aROUrr oou~ sr. iuc~ oo, Fu. ~ e s ' ~ ~ i~~o2 ~ ct .y y J :n = ~ O a tu a N < ~ •_-~e~her with ap and singuiar the tenements, hered~taments and appurtances thereumo belwging w in anywise appertaining ihereTO, a a rents, iasues, ::~oceeds and profits accruing and to accrue from said premises, all of which ate intlvded in the sbove +~d foregang desttiPf'wn +nd h~be~dvm• TO HAVE AND TO HOID the above desu~bed and granted premises vnto the said MORTGAGEE, its suttessors s~+d suigns forever. And tF» ~aid their .'.ORTG R fw ~~~s, executors, administrators and assigns, here6y tovenants with ihe s+~d MORTGAGEE, its suaeswrs ~~d asig% ~~i°ey are +nir - lawfully se~zed of the said prem~ses in fee s"unple; that the ssme sre free, clear ~nd discMrged from alt tiero and ~ncvm- ~ s•ances in law or in equity, and that they W~~~ a~ their hein sbalt wsrranf ~od defend the title to the sams fo 1Fw said ~ !:,ORTGAGEE, its successors and assign:, forever against the lawful claims a~d demands of stl persons; ~ PROVIDED, AlWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the prom~ssory note hereinbefo~e described and sl+sll truly, promptly ~ a~d fully perform, d~scharge, eaKUt~, complete, comply with and abide by eacb and every the stipulations, ~greementi, ca?ditions snd toveosnb of ssid ~ r,rom~sswy note snd o( this Mortgage, then fhis Mortgage and the Estate hereby ueated shall cesse and be null ~nd void. IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular or pfursl a~ywhere in this Matgsye, shsll be tingular if o~e only and ps~ ~ shall be plural joinfly and uveraily if more than or~e, and tF~at the wad "their" ss used ~nywhere in this Mwlyage shall be taken to rt?e~n •.F?is,•• •'hers;• er "its;' wherever the context so implies or admits. Also, that whe~ever there is a reference in the coven~nri and agreementa F~erein tontained to any of fhe parties hereto, fhe same shall be consrrued to mea~ as well ss the heirs, legal represeMatires, successors and suigrn (either voluMary by ~cf of th~ j~~ parries or involuntary by operation of the law) of the same and that the covens~ts herein tont~ined shall bind and the benefits and ~dvanta9es irwr~ ~ ~ to the respective heirs, legal representatives, svccessors and ass~g~s of the parties hereto. ~ And said Mwtgagws, fw themselves and their heirs, legal reprexntatives, successors a~d auigns, hercby jointly s~d Mverally covenanf and spree !o and with the said MORTGAGEE, its successors and assig~s: ~ 1. 1o pay all and singular the principal and interest snd tFx wrious and sundry sums of ma?ey pay~bk by virtue of said promiasory note, and this ~ mortgage, exh snd every, promptly or? the days respedivety the same uveratly become due. 2. To pay sfl and singular the tsaes, assessments, levies, liabiiities, oblgstio~s and encumbrances of every n~ture and kind now on ssid d~wibed property, a tl~at hereafter msy be impoteA, suffeted, plsced, kvied, or sssessed thereon, a thst hereafter may be levied w asxssed vpon this Motl¢ age, a the indebtedneu secured Ixreby, euh snd every, when due and psyabte, according to law, beiae they become delinquent, aod befor~ a~y intKast arrzches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE S/WlE SHALI BE PROH1PiLY SATISFIE~ ANO DISCHARGED OF RECORO AND THE ORIGIhAL OFFICIAI DOCU14lENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED UR CERTIFIED) SHAtI BE PIACED IN THE HANDS OF SA~O MORIGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; snd in the event thaf any the~eof is not pa~d, saYSfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof withoul waiving or affectirg sny option, lien, equity o? •~ql,t u~der or by virtve of th~s mortgage and the f~ll amount of each and every such payment fhall be immediately due ~nd payable and shall bear interest j~e---- r~e da+e t~ereo~ nt!; ; a d~• rate of n~ne per ce~tum per annum snd together w~th such interest shall be setu~ed by the lien of th s merqtage. w: ~ _ . . _ _ , . ~ _ ~ ~.is,~~„~~--~ ~ ~