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Home My WebLink About1648 ~ 318~~3 ~ tH15 INOENTURE, IWd~ ths 25th day of SeptembeY A.D. 19~ between wiiii m J. Morq~~ Bren~C.:.~,lq~qan~~~_wife oi - St . L11C1@ Cpinty Fbrida, hKeinalbr dtiigoated ~s tlw "MORTGAGOR;' and FIRST fEDERAI SAVINGS ANO IOAN AS30CtAT10N Of fORT PIERCE, • oorporetion orpu~ised and exiuinp unde~ IM laws of th~ United S~~t~s of Am~~iu ~nd havlnp iri princtpal pl~u of ! buiin~~s in tM City d Fut Pi~rc~, St. luci~ County. Fbrida, Mninaf~v d~~gr++ted ~i tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is jw11y indtbted 1o tfw MORTGAGEE in the sum of : iT; good and lawivl money of the URit~d States ad~anced by the MORTGAGEf unto the MORTGAGOR, as eridenced by a certa~n pra.nssssrry r.ote of even e~are herewith, of wh:ch the idlowing in wads ~nd (ipuref i~ a trw copy, to-wit: =14,000.00 10021607 Fwt Pierce, Fb.~d., Septenber 5 19 95 Fa value received, I, we or either of us, prom~se to pay, without defalcat~on, to the orde? of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of Z 14.0~•~~ w~th interest (rom dste at the rate of .~Q°o pcr annum, in monthly inslall- ments as follows: S 126. ~ on the 2Oth day oF Noveaber ~9_ 75 and s like sum on the cwrespond:ng day of each mo~th therr •fter until the whole be fully paid. E~th instalfineot fint shall be applied in payment of the intereat and then on ?he unpaid balance of the princ~pal swn. If default is made i~ th~ ' payment of any installment when due, and such def~ult tontinues 90 dap, then at the optro~ of tM ho~der, and witF?out any othe~ notice, all the remainirg ~nstallmenh shail be due and payable at once. Privikge is giren to pr~y this rate in whol~ w in part at any time wi~hout penslty. Neither forebearance, rwr accsptance by ths holde~ thereof after any default in any paymenti hereon, ahall be deemed extensio~. A tate payment charge of S 6~ 3O , sMll bs ' added to exh ina~allment remair~i~g unp~~d 7 days ~fter ia due dat~, and a like sum shal! be addrd to each such insfallme~t remaining unpaid 7 days after each tucceedirg paYmeM date. ~ Each maker, swery and endaur hereof, jointly and severally, waives dcmand, presentrr.ent protest and notice of protest ~w nonpayment, and further agrees fo ~ny extension of time of payment, ei~he+ befors or afte? matu~ity, without not~ce to any of ui; and to pay all costs of collect~or+, includin~ a reasonable aftwney i fee in the event of any detauh Fxreundcr, ~nd he~eby severally waives all benefit of homestead and exemption under the constitution a~d laws of exh State of the United States, as againat ~his obligatio~ or any extension or renewsl F+ereof. ~ Witness the hand a~+d ual of each parry. 9 ^ •t ~ s/Willia~ J. ~ Mor an • "i . (s~?U - (SEI?l) w /O~w~wAs f~ .Y~rw~w ieeu• a.r~...~ ~ T~~ ~ ~ $qf0 RQYQIIW • `~y (~f I11p1 ~MIM~ ~1~ ~~IfN{~f101l~ NOW, THEREFORE, ths MORTGAGOR for the purpose of securing payment of said sum of S 1'~'a.~~•~ , and the performarxe of tM covenaMS and a9reements hereinafter eapressed, and for dive~s good and valuable coni~der~tio~s, by these presents, does grant, bargain, sell, remiss, reicase, convty and confirm vnro the MORiGAGEE, its succeuors and ~uignt, all that certai~ IoL piece or parcel of And, situate, lying, snd being in ths ~~h St . Lucie u~d State of F{orida, dewibed as followi: From a monument 25 feet North of and 25 feet Bast of the SW corner of the SB'~ of _ the SBIg of the NW'~ of the SW~ of S,~~ ~~1~a ?armship 35 South, Range 40 Bast, run fiast 247.28 feet for a point of/then~e confinue Bast 60.0 feet, thence North 98.4 feet, thence West 61.2 feet, thence South 98.3 feet to point of beginning:~ By agreeaent of l?brtgagoz and Mortgagee on file with ' Mortgagee, the within mortgage secuYes not only an existing indebtedness, but also ADVANCBS to be HBR6- AFTBR nade by Mortgagee to MoYtgagor, the aggregate of which will equal the principal aaow~t specified ~ in the promissory note secured hereby. i ; N ~TATE ~F FLJ~=!f~~: t i ~Z DO~!~MENTARY~~-:.',~..,\STt~M>' T1.~ ! N ~ ~~E?: t~F kEVE!YU~ s' • ~ M= 1 RE~o ;N PAY~IFNT 6E Q_ =1;.~ ~ 2 I. 0 0 ~ ~ o~ a~a r ~HraHC~ ~ Pa. ' PURSUANT TO CFW'~iER 71-1 P~~~~ E o ~ ~ 31? ACTS OF 1972. ~r f ~ ~ dPtK GIRq?If Oqlp'~ SL tIIC~E C0. Ftl~ \ ~ ~ topeth~r witA all u~d ~ingular the tenemenu, hereditaments and appurtances thereunto belonging w in anywise sppertainirg tf+~reto, snd ~U re~b, iaues, ~ ~ proceeds u~d profits sccruirg snd to acuve from s+id premius, all of wtiKh ~re included in the ~bove and foreyoiny dcscription a~d Mbendwn. y premises unto the said MORTGAGEE, iri successon snd ~ssiyns foterer. Md th~ s~id E ~ TO HAVE AND TO HOlO the sbove dewibed a~d ranted ~ MORTGAGOR fw --~e~----- hein, eaecutws, administratas and suigns, Frcreby covenaMS wilh thc said MORTGAGEE, its sutcesson and aqiprq. ~ ihst ttl@y are _ i,,,~~~w ~ized of the sa~d premises in fes s'wnple; that the same ue frse, clea~ and discharged from dl Ila» and Mcvm~ ~ ~ brancas in law w in equity, snd that they W~~~ their heiri sball w~rra~t and defend the title ta the s+m~ to tM said _ ~ MORTGAGEE, iri successws and auiy~s, forever a9sinst the lawfvl claims ~nd demands of ~fl persans; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay ~nto ti?e MORTGAGEE the promiasory note hereinbefwe described ~nd sh~Il truly, promptly a . and fully perform, d~sch+rye, execvte, campkte. comply wi~h snd abide by eacl~ ~nd eve~y the stipulations, agre~ments. co~ditions and cownar?IS of said promissory nott a~d of this Mwtgaye, t}xn thw Mortgage and the Estate he?eby ueated shall cease and be null and void. ~ rF IT IS UNDERSTOOD tMt the wwd "Mortysyw" whether in the sing~lar w plural a~ywhcr~ in this Mortgaye, shall be sinpul~r if one only ud shall bt plural jointly and swenlly if mor~ th~n a+e. snd that the wwd "their° ~s used anywhere in this Morty~ge shall be ukee~ to rrKS~ "his:• •1w~s•• ~ r(' w••i»:' wherever the contea~ so implies a admin. Also, that wherever theie is a referente in the covensna ~nd agreemenU herein contain~d to any of ~c the rties hereto, tlse same tFNll be construed to mesn as well ~s the heirs, sl y d pa ley tpresentatives, successors and suiyru (ei~her voluntary by act of th~ pap ~ . pa~ties w involuntsry by operation of the law) of the same and that the covensnts herein contairxd ~hall bind snd the ixnefits ~nd advant~pes kwn F ~o the respective heNS, leysl reprexmatires, succeuors and as~'9ns of the p~rlies Mereto. ~I F And taid s, for themsetves snd their heirs, al re esentatives, successon ~nd su" ro, here 1~ Mortgs9w kg pr ~y by joinHy a~d severally tOVfM~11 and agr~e ~ ~ to a~d with tM taid NWRTGAGEE, its iuccessors and assgro: ~ ~ ~ 1. To pay all and si~gular the printip~l and interest and tFK v~rious snd sundry swns of nwney payack by virtue of said promisfwy note, ~nd this ~ ~ mwty~e, esch and every, prompNy on the days respectively the same sewrally betortw d~e. ~ 2. To pay •II ~nd sirgvlar the u:es, assesanenq, levies, liabiliues, obligstiom and erKwnbra~ of ~very nsture and ki~+d now on said dewiMd ~r1 • s prop~rty, a that hereaher may bt impos~d, suffered. Pl~cad. Ievied, a ~ss~ssed ther~or?, w tMt her~ahn may bt kvi~d or asassed upon thls Mort~ ~ a~e, or tM tnd~btedneu secund hereby, eacA snd ~very, wMen due and pay~bl~, accading to liw, b~fwe they become delinquem, and b~fon any iMa~st p Yr' J attaches or ~ny penahy is incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI 8E PROIIAPTL\ SATISFIED AND DISCNARGEO OF § N 2 RKOR~ ANO TME ORIGINAL OFflCIAI DOCUMENT (SUCH AS, FOR INSTANCE, iHE 1AX RECEIPT OR THE SATISfACiION PAPER OFFICIAItY ENDORSEO ~ ~ OR CERTIfIED) SHALL dE PLACE~ IN THE HANDS OF SAIp NIORTGAGEE WITHIN TEN OAYS NfXT AfTER VAYMENT; and in the event that any thenof is no1 ~ ~ H paid, sat'sfied u~d dischirged sa:d MORTGAGEE may at any time pay 1he same a any part thereof without waiving o~ ~ffectirq ~ny option, lien, equity p ~ ~ •pM vnder or by virtue of this mortgaye and the full amount of each ~nd every such paymeM iF~all be immediately due •nd payabk and sh~ll btar intNtsl Frpn rhe date thereof until p~id at rate of n~ne per centum per annum and toyether w~th such i~tcrest shall be secured by the lien of th's morytaye. - - - - ~ ~ _ ~~~1;~§'~~:~.srv'_.:~.-... . . ,