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Home My WebLink About1640 3185~3 ~ ~ iN15 I?J~ENTURE, AAad~ the 6 t h day of ' ~C t ObQ t A,D. 19? 5 b~twe~ Billie R. Nease and Bllen M. Nease. his ~ti!'e. p} _ St• LUC1@ Cpynfy FIO~i~, Mr~inaftet ~~igMled ~ 1FN "MORTOAGOR.` snd FIRST FE~ERAL SAVINGS AND IOAN ' ASSOCUTION OF FORT PIERCE, • corpaation wp~nu~d and exi~tinp under tM laws ot tM U~~ted S?u~s of Ameriu ud h~vinp it~ prirxipal plao~ of busin~ss in the City of Fat Pi~rc~, St. lvci~ County, fbrid~, h~roinaite? d~ii~nat~d tM "MORTGAGEE:' WHEREAS tM MORTGAGpR is jus~ly ir?debttd ro th~ MORTGAGEE in ths sum of = 2 4~ • good and I~wful money of the Un~ted States advanced by ths MORTGAGEE unto ths MORTGAGOR, as evidtnced by a certain promiuay note of even date herew;th, of which the lollowirq In wwdi and figur~s is a trw copY. ?o-wit: = 24~000.00 1On2162_7 ° Port Pi~rc•, flaida, October 6 ~y?~ Fp value teteived, t, w~ o~ either of us, promise to pay, without defalca~~on, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Faf Pierce, Fbrida, IFx sum of =~~.Q00.00 w;th inte~r~1 irom date at rhe rate o~ 4.Q9o per an~um, in monthly ir?stall- menti as foltows: = 216 o~, ~t,e 20th d,y of Novenber ~q 75 a like sum on the corres~wnd~~g day of each month thert- ~fter until the whole be fully p~id. Each installment fi~st shall be applied in payment of ~he interest and thcn on the unpaid balance of fhe p~inupal sum. If default ii made In tM payment of aoy insrallment when dus, and such default continues 30 days, then at the optan of 1h~ hotder, and withouf any other not~ce, alt the remaining installments shall be dw snd payabb at once. Privilege is given to prepay fhit note i~ whob a in parl at sny time without penalty. Neither fwebear~nce, nw acceptance by the holder thereof after ~ny defauh in any payments hereon, shsll be deemed extensio~. A late payment charge of s 1Q SA shdl bs added to each installmenf remaininp unpaid 7 dsys aftsr ib due date, and a like sum shall be added to each such insrallment remaining unpaid 7 days ~fter each succeedirg payment dste. Each make?, suroty and endorser hereof, jointly and severally, w+ives demand, p~esemment protest and notice of p.otest fw nonpayment, snd fvrthsr agrees to. any extension of time of paymenl, either before or a(ter maturity, without ~otice ~o any of us; and to pay all <osts of coUection, inct~?dinq • reasonable attorney'a fee in the event of a~y default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each Sta~e of tFK United States, as agaiost this obligation w any extsnsiw~ w re~ewal hereoi. . W~tneu the hand and seal of each pa?ty. . . • , ~~p - ~ 111 MYMEM OF TAXF$/ B ie . ease ts~?U ~s ew n~cie ~C Nf11AN8tlIt rE1t90Nal P?0?ER~~, pURS{M1Nt TO t~W'TER 11.1K. ACR ~ ly~t.. S/ en . Nease - ~ $36.00 ) State Revenw ~ f~j <~I ~U (S~an+ps~ e~no~ikd a? ee+yirnl-++et~) ~ pllqlR 001M~. ST. Ul1C1E Ob.~ r~~ NOW, THEREFORE, the MORTGAGOR for tM purpose of secvrinp p~yment of said sum of = 24~ 00~ . , snd the perfwmance of ths covsnants snd agreements hcreinafter expressed, and for dirers good and valwble considerations, by thes~ prese~?ts, does 9?~nt, ba~pain, sell, remise, release, convey and confirm umo the MORiGAGEE, iti wctessors ~nd ~uigns, ell tMt certain IW, piece q pucel of I~nd, :ituate, lying, snd beinp in th~ County of - SL . L uC le „ ar?d St~te of Fbrida, described as follows: Reginning at the Northwest corner of Lot 99 of WHITE CITY, in Section S, f ' ~ Township 36 South, Range 40 Bast, as per plat thereof on file in Plat Book 1, at page 23, of the public records of St. L.ucie County, Rlorida, ~ run East 169 feet to a point; thence turn and run South 25 feet for oi»t of be innin from said oint of be t P 9 9; p ginning continue South 144 teet to a point; thence turn and run East 200 feet to a point; thence turn t~,,;,~.~ and run North 144 feet to a point; thence turn and run West 200 feet ~t•.;;~ to the point of b2ginning; said land being part of an unnumbered tract ~ ' ~==4';' in an unrecorded plat of ~MII~JAY GROVE SUBDIVISION, said subdivision lying in and being a part of Lots 98 and 99 of said k~HITE CITY. _ m-t . ; . By agreement of Mortgagor and Mortgagee on file ~rith " ~ Mortgagee, the ~rithin mortgage secures not only an I ~.`v C existing indebtedness, but also ADVANCES to be HERB- t _ ART'ER made by Mortgagee to Mortgagor, the aggregate of which ~rill equal the principal anount specified I in the promissory note secured hereby. i ~ ~ s ~ together with sll and singular the tenementt, hereditamenri snd ~ppurtances tl~e~euMO belonging a in anywis~ appertai~ing the?ero, snd dl rents, iuvas, ~ proceeds snd profits atauing ~nd to ~cuue from said prcmiaes, all of wli~h ue incl~ded in the above and for p ego~n9 destri tion and habe~dum. \ TO HAVE AND TO HOW the above described and yranted premises unto th~ ~sid MORTGAGEE, its svccessors and auipns forever. Md th~ ~id ~ ~ MORTGAGOR fw - thp i r ~~~s, executora, administratus and auigns, hereby covenaob with fhe said MORTGAGEE, iri successats and ~s~iym, ~ ~ ~ rbat - thQv a re lawfully sei:ed oi the said premises in fee iwnple; that tlw same ar~ fras, ck~r and dischatged from dl lieru and ~ ~ ~ ~ br~nces in bw w in equity, and thst thev W~q their heirs shall warrant and defend the titk to th~ sartN to tM wid MORTGAGEE, in successors and auigra, iweve~ ag~inst the Iawful ct~ims ~nd demands of all persw~s; ~ ; , PROVIDED, A:WAYS thst if the AkORTGAGOR shall pay unto she MORTGAGEE the promiswry note Fxreinbefwe desuibed and sh~tl truly, prornptly : and fully perform, diuharge, execute, compkte, comply with end ~bide by each and every the ~tipulatioro, ~greemenq, conditam ~nd oov~nanb of said s \ promissory note and of this Mortgage, then this Mwtyaye and the Estate hereby uested shall ceass and be null aod void.. _ `-v IT IS UNDERSTOOD th~t the wad "Mw~ps~or" whether in the singvtar or plw~l enywhere in this Mwtgage, shall be sinpvlu if on~ only snd o~p ~ ihal! be plursl jointly ~nd uverally if more tMn one, and tMt the word "theK" ~s used anywhere in this MortQag~ tl?~II be taken to mesn "his:' "htn," 'f~~w ' ~ or "its;' whererer the conte~et so implies w admits. Alio, that wMereve~ there is a refe~ence in the covenants and apreemenn herein co~tained to a~ oi • v k ~ c the parties hereto, the sune shall be construed to mean u well p tl+e heirs, kyal represenbtivq, s~xceuors and u~ip~s (either voluntary by M of tM ~ parties or involuntary by oper~tion of the law) of the ssme ~nd thst the covenant: here~n co~tai~ed shall bind and the benefits and advant~es Inw~ . ~ to the respective hein. Iepal representatives, succeuors and ~ss~9ns of tM parties hereto. ; Md faid Mortypors, for themselves and their heirs. Iegal r~presentstives, successors u+d auigns, hereby jointly arwl itvKdly toverr~t ~nd apr~e ~ ~ t ~o and with ih~ ~aid AhORTGAGEE, ib successors and auig?~s: ¢ 1. To pay all and sinpulsr the principal and inrerest and the variovs and sundry wms of money payable by virtue of.aid promiswry not~, and thi~ ~ mortyay~, ~ach and wery, promptly on the day~ respectirely the s+me severally becprK due. ~ ~ ' ~ 2. To pay •It and sirgvlar the taxes, assessrnenN, levies, li~bilities, obligatiaa and encwnb+nces of every natwe a+d kind rww oo said dhcrib~d ~ ~ ` P~~~Y, or tl?~t hereaNe~ may b~ impos~d, suffa~, p~aced, levied, o~ assessed thereon, a~h.t her.aNer mar b. Ievisd a atsead vpon thb Mat~- i ~ , a~e, a the indebtedneu tecvred hereby, e~ch and every, wheo du~ a.d payable, accadinp ro law, b~fore they becom~ delinqwm, ard bsior~ arhr Mter~tt attaches or arryr pen~lry is ir~rrcd; ANO >NSOFAR AS ANY THEREOf IS Of RKORD TNE SAME SHAII dE PROMPTLY SATISf1E0 AND DISCHARGED OF ' F ,Y RECORD AND THE ORIGINAL OFFICIAI DOCUIIAENT (SUCH AS, FOR INSTANCE, THE 1AX RfCE1PT OR THE SATISFACTION PAPER OfFIC1ALlY ENDORSED ~ OR CERTIFIED) SHAII SE VIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thH~pf is ~01 ~ 'ry I~ paid, tat'sfied and dixharged sa:d MORTGAGEE may at any time pay tlx same a any part thereof withwrt waiving or ~ffecting any optan, lien, equiry p 3 ~ •%aht under w by virtue of this mor~gage and the full amount of each and every sucF~ payment shall be immediately d~e snd psyabk snd shall b~u i~te~pt • ~;r ~ ~rom the date thereof until paid ~t rate of nine per centum per annum ~nd toyether with suth interest shall be secured by the lien of th:s morptaye. 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