The URL can be used to link to this page

Home My WebLink About0147 ~323f;~~~ THIS INDENTURE. Mads the 22~~d day of DecP.~tbF+~ _ A.D. 19 75 batween Will ia a J. Hol lowav an~Joan F, ~lo loway, his wifP of--3f.. .uc ie T - Counfy ilorida, herQinafter de~iy~eted as the "MORTGAGOR." and .'IRST fEDFRAI SAVINGS AND IOAN ASSOCIATION OF iORT PIERCE, a co~pwation ory~ni:ad and ex~~~ing uoder the laws oi the United Stato~ ef /4nerice and haviny it~ priocipal pl~ce of butineu in tM City ot Fwt Pierc~, St. Lucia Cow.tr, Florida, hsreinaiter desiynat~d as tM "MORiGAGtE:' WHERFAS Ih~ MORTGAGOR it ju~tly indebted 1a the MORTGAGEE i~ the sum of S__14~000!~O_____-. 9ood and lawful money oi the Un:ted States advanced by the IdORiGAGEE unto the MOR~GAGOR, es evidenced by ~ certam promissury note of eae~ date herewith, of wh:ch Ihe foltowinp in words and fiyures is a trua copy, lo-wit: = 14.OOO.AO ~ 13000205 Fort Pietce, Fio~~da, _ Dec embe r 22 19 7 S Fa value received, I, we or either of ~s, promise fo pe without defalcat~o+i, to the order of FIRSi fEDERAI SAYING~S AhD IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of S___14 with inrerest lrum dete at ~he rate of _8!77o prr annum, in monlhly instal6 ~nems as fot!ows: j 124~~_- on ~he 2~th day of . Apill , 19___76 and a IiAe sum on the corresponding day of each monlh there- after ~ntil the whole be ful~y paid. Each ins~allment firs? shall be applied in payment of the interesl and then on the unpaid balance of th~~ p~+rec~pal sum. If detau~t is msde in the ~ayment of any instaltment when due, and such drfault continuet 30 days, then af the option of the holdar, and without sny other not~ce, all the ?emain:np ~~s~all~nents shall be d~e a~ad payabte al onte. P~ivile~e is given to prepay thia ~wte in whole or in part at any t~rne without penelty. Neither faebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A fate payment charge of f 6~ 2O. shall be added to each installment re~nalning unpa~d 7 days aftet its due date, and a 7ike sum shall be added to each suci~ instaltment rernaining unpaid 7 dayt after each succeeding payment date. Each make~, surety and endorser heraof, jointty and severally, wa~ves demand, pcesentment protest and no~ice of protest for nanpayment, and furtt?er agrees to any extension of time of pay~nent, ei~her before or after maturity, without notite to any o( us; and fo pay al1 coats of collection, inclu~irq a ~easonable attorney's fee in the event uf any default here~nder, and he~eby severally waives ali benc~~t of homestead and eaemption under the constitutian end taws of each State of the United Srares, as against this obligation w any eatension or renewal hereof. Witnesa the hand and seal of each party. ~ ~fC ia T(~~r~~ Wr. {,~illiaan J. Nolloway ~~~i~ • (sE~?U $21~n7 ~ . / Joan F. Holloway ~U ~ c ? srate a~„~~~ MO;N, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of said wm of s 14,~~O~~n ~nd the performance of fh~ covenants and sg~eeme~ts hereinaiter expressed, and for d~vers good and vsluable considerations, by these presents, does gront, baryain, sell, remise, releau, convey and conti~m unto the MORTGAGEE, its successors and ass~gns, all that certain tot, piece w parcel of (and, situate, lying, and beinp In tM County of $t • I-uC 1P and State of fbrids, dewibed ~s iollows: Lot 3, Block 288, PORT ST. LUCIE SECTIOV 1, as per pla t the~ eof t on file in Plat Book 11~ Dage 53 of the public records of St. + Lucie County, Florida ~j ~~E ~,~<< ~ _ ~~ac -SGI-D~a~~ . By agreement of Hortc~agoz ard ~tortgagee on file ~rith Mort~agee, thP within mo~tqaqP secu-es not only an existinq indebtedness, but also ADVA'~CES to bp HEREAFTER madP by ~fortc~a~~ee to Hortc~aqor, thp ! av~reqate of which vrill equal the p-incipal amount specified in : x ' the pro.nisso~y note secured hereby. ~ ~ E . ! ' ' _ " r_, f_•_ I ~ _ ` 1 t~' ~ ~ ;~F- ~ ~ { . y... ~ '~'~fU E ~ ~ ~ ~ i v ~1 c ~~I A k . ' ~ ~ ;_i> _ ~ DG~E p~y ~ C^ ~ IN ?AVM~ T . ~ g ~ i . L PURS(/A~T TQ M161B(E pE,~~~ ~ N~E~ ; _ ~ ~~'s ~,s - 2 ~ ~ ~ ~~ER 71.1~ ~?S L11 pf~pQ~n,~ ~ <r = ,g - - ~ - -:u'" f 4 ~OE'ifR +'O~iP ^ ~ 197I. - ik ~ , - ' ~~~IT ~OURT. .Cf. ~~iE - ~ ' Q ~ ~ y ' ] J R ~ together with all ~nd singular the tenements, hereditamants +nd sppurtances tF~errunto belo~ging or in mywise appertaining tF?erero, and sll renri, iuw~, ~ proceeds and profits scuu~ng and to acuue from said premises, all of which are included in tF~c above and fore4a~y description ~nd Mbendum. ~ ~ TO HAVE AND TO HOID the above described and granted premises ur.to the said MORTGAGEE, its u:ccessors and assi9ns forev~r. Md th~ said MORTGAGOR fw Lhel'--_ - heirs, executors, adminiitrators and assigns, hereby covenanri with the ~~id NIORTGAGEE, its wccessors ~nd assiyro, ~ ~nar t~ a~e ~~M,fully seized of the wid premises in fee simple; that the same are f~ee, clear snd discharged from all lieru and Mcvm- ~ ~ brances in law w in equity, and that they will and their heirs shall wurant ~nd defend the title to the same to tM said MORTGAGfE, its successws and sssigns, fwever against the Iawful claims and dema~ds of all perwns; ' ~ PROYIDED, AlWAYS that if the MORTGAGOR tihatl pay unto the MORTGAGEE the prom~swry note hereinbetors dewibed ~nd ihall truly, promptly , and fully perform, d~xharge, execute, complete, comply with and abide by each snd every the stipulations, ~greemenri, conditions ~nd covenants of said % promissay note and of this Mortgage, t)xn this Mwtgsge and the Estate hereby ve+ted sMll cease and be null and void. IT IS UNDERSTOOD thst the word "Mortgagor" whether in the s~ngular a plural anywhere in this AM1wtgage, ~hall be iirgular if ons only and ~ shall be plural joimly end severslly if more than one, snd that the wad "their" as used snywhero in this Mortg~ge shall be taken to mesn "h'a," "hen; ` or "its;' wherever the context so implies or admits. Also, tFwt wherever there is a re(erence in the covenanb a~d agreements herein contained to ~ny of _ y the pa?ties hercto, ths ssme thetl be construed to mesn as well •s fhe heirs, lega) represenratives, tuccessas and au~ns (either vol~nury by ~ct of ihi'-'`~ parties or i~voluntary by operstion of thr law) of the same and that the covenams Fxrein contained shall bind snd the benefits and adwnt~yq irwri ~ ro the reip~ctive he'us, legal representatives, successors and au~gos of the panies hereto. " ! ~ ~ And taid Mortgsgors, for themselves s~d their heirs, legd representatives, suueuort and assiyns, hereby {ointly ~nd severally covena~t ~nd apr~ ~ to aod with the said MORTGAGEE, its successors end ~uigns: t~~ 1. To pay atl and tingular tht printipal and interest and the variovs and sundry sums of money payable by virtue of taid p?omis~ory note, ~nd thi~~ ~ mortgsge, escf~ and every, promptly on the days reipectively the ssme xverally become due. y% ~ 2. To psy all and sinpulsr ttx taxes, asusunenb, Isrics, liabilitie~, obligations snd encumbrances of every nawre and kind now on s~id dtacrib~: property, or that hereafter may be imposed, suffered, placed, Iwied, w asseued thereon, w that hereaita may be kvied w usessed vpw~ this Mort¢ ~ ~ge, a tM i~debtedneu secured hereby, e~ch and every, when due and payable, accordi~p to law, before 1Fwy become delinquent, and b~fore any interp~a - ~ attaches or any penatfy is inturred; ANO INSOfAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII BE PROMPTIY SATISfIED AND OISCHARGED OF ~ RECORD AND TME ORIGINAL OfFIC1Al DOCUMENT ISUCH AS, fOR INSiANCE, THE TAX RECEIPi QR THE SATISFACT~ON PMER OFfICIAIIY EN~ ° ~ OR CERTtFIED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; arrd in the event thaf a~y theraof is ~ paid, sat"sfied snd d~schsrged sa"d MGRiGAGEE may at any t~me pay the same a my part thereof without waiving a affectiny sny optio~?, lisn, equity q ~ ~ •~qht under w by virfue of thls mortgage and the 1u~1 amounr of each and every such payment ihsll be immediately due and psyable ar?d shail bear interest ; ~.om the date fhereof until paid ar rate of nlne pe~ centGm per annum and together w~th such interest shall be securcd by the lien of th:s moryta9e. ~ ~ ~ - ~ r' .v ~...,~~~.f'~ -~'4t.;'~' - i~»~ _ a ;~~"'3- ~5 ~ , r__ _ . ~'~`~~~~'"1.~--. - _ _ _