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Home My WebLink About0205 ~3`~~3 ~ 2:"~ TH~S INOENTURE. Mads th~~ 23rd day of D@CQI~eY _ A.D. 19 7S between Troy G. Lee and [~4iry H. Lee, his vr fe T , of St • 1.11C1@ ~py~~y Flwida, haeinafts~ desig~afed as th~ "MORTGAGOR;' and Fik~~ FEDERAI 5~1VING5 AND IOAN ASSOCIATION OF fORT PIERCE, ~ corporation wpanized and axisti+q unds? the iaws of the Un~t~d Sts~ai ot America ~nd havirp its principsl ptau of bus~r?~ss in tF» City of Fort Pitrc~, St. lucie Covnty, flwida, IIlfQIMI1H cksgnated a~ tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is ju~tly indebt~d ro tF?s MORTGAGEE in the sum of S 36 s9On. ~O_^__, good and fawful mo~.ey of ~he Uo~ted Statei advanced by the MORTGAGEE uroo fhe MORTGAGOR, as evidenced by a certain promisswy note of e~en da~e t~rrewith, of whith the follow~ng in worda and figur~s ii a true copy, to-wil: ~ 36 ,900. UO ~0021726 December 2~ 75 Fwt Pierce, Flo~ida, 19 Fa value fKQiVCd, 1, we w either of us, prom~se to pay, wi~hout defalcet~on, to ~he order oi fiRST FEDERAI SAVINGS At1D lOAN ASSOCIATION OF FORT PIERCE al ?wt Pierce, 'Florid~, the s~m of s_36 ~ 9nn. ~0 _ w;~h interes~ from date af the ~ate of9• ~_°~o per annum, in monthly instaH- ments as follows: S 31 on the 2nLh day of FQbT u1ry lq 7'6 and a like sum on tha cor~asponding day of each month there- after until the whole be fully paid. , ~ ; Eath instsllment tirst shall be applied in payment of the interest and then on Ihe unpaid balance of the pri~c~pai sum. If default is msde i~ ths payme~t of any installmenl when due, and such default continws 30 d~ys, then at ihe option of the ho~dar, and without any other rwtice, all the remaining i ~nstallmen?s thall be due and payab:e at once. Privilega is givee~ !o prepay this note in whole o~ i~ part at any time w~thout penalty. Neithcr fwebearance, nor acceptance by the holder thereof after any defauh in any payments hereon, shall be deemed exronsion. A lare paymeN charge o` ~ 5 s_SO_, shall be added to each installment remaining ~np~~d 7 days after ih dur date, and a tike sum shall be added to each svch inatallment remaining unpaid 7 days sfter each succeeding payme~t date. Each maker, surety and endor:er hertof, joint~y and teverally, waivei demand, prexntment p~otesr and rtotice of protest for nonpaymenb and further agrees to any extension of time of payment, either before or afler maturity, without notice to any of us: and to pay all costs of collection, including • reasonable attwney's fee in the event of any default htre~nder, and hereby severally waiveK all benefit of homestead and eaemption under the caulitutan and iaws of each State of the Ureited States, as against this obligation w any extens+on or renewal hereof. ~ ; Witneas the hand aod xat of each party. " } C i I( S' ~ ' s/Troy G. Lee cseAu ~ . . ~ S ! , t: ~A~, : s/Mary H. Lee ' . _ - (sewt) $ SS. 35 ' ~ (s~?U ~ 5tere Revenve ' - - (St~?wp~ aan~ella~ow ai9iwd• ~W~e) - . ` NOW, iHEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of S 36 ~ gOO. UO and the per(ormsnce of tM ; covenants and aoreeme~ts hercina(ter expre~sed, and for divers good and valuable con~ideratans, by these presents, doe~ grant, bargain, sell, remite, raleau, convey and confirm unto the MORTCsAGEE, its successors end auigns, all that certain IoL pieca or parcel of land, situate, (ying, end being in ths ~~~N ~ SL . l.l1C 1@ ~nd $tate of Flwida, desuibed as follows: Lot 16, less the North 5 feet, Block 4, MARAVILLA GOtF PARK, as per plat thereof on file in Plat Book 5, Page 43, Public Records of St. Lucie County, Fl~rida,? . a~,->,. So~- . ~ -~;/s By agreement of Mortgagor and Mortgagee on file with , Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVA~BS to be HERE- ~ AF?ER made by Mortgagee to Mortgagor, the agyregate ~ i of r~hich will ec~ual the pr incipal amount specif ied in the promissory note secured hereby.? ~ ~ ~ . ~ T. ~T ~ = L ` ~ , t R~~ ~ = I t~n'_ ~M~t."l.~~' S;^:.,1~ ~ ~E ~a~N . ' _ , } p~y CU9S ` ~ ' r ~ ~ r E . u t ~ : ' _ ' T C! ~1'~WCI~ ~ ~F T~Q ~ ? ~n _ ' T • ~RS.1l{I'. ~ - - _ ~ cd_~ 1, ` R ~ •'APT q N ~ _ ? _ _::o•~s _ 5 5. 3 ~ ,~c~ o .w~°~Rn~ m - e. ~ -~~%J ~ ~ = CIER!{ CI ~ pOITRA,C jy/1. = ~ ~ _ ' ~ : -s RCUIT ~f< - _ ] Sl. LuCIE UQ., F[A . ~ ; ~ ; ~ - rogether with all ~rtd singular the tenemcnts, hereditamenb snd ~ppurtances fherevnfo belaging w in anywise epperbining fhereto, and •II renri, isiues, proceeds and profits sccruing and to ~cv~re from said premius, sll of which are included in the ~bove ~~d fwe9oirg description and h~bendum. TO HAVE AND TO HOtD the above deuribed and yranted p?em7ui unto the s~id MORTGAGEE, in successws and usigns fwwer. And th~ saM MORTGA~p R iw thelr heirs, exetutws, adm:nistratort ~nd assigns, hereby covensnts with 1F~e :tid MORTGAGEE, it~ successon and assipro, ~ that they are ~awfull seized of the said ~ Y prem;ses in fee simple: that tF+e iame ~re free, clear ~nd dischsrged from all licns and ~ncun~ ~ brsnces in Iaw w in equity, and thst they will and their heirs shall wsrrant and defend tF~s title to tM sarrw to th~ s~ld ~ MORTGAGEE, i» succeuors and auigns, forever against the lawful daims and demands of all persons; - ~ PROVIOED, ALWAYS that i( the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and shsll truly, ptomptly ~ and fully perfwm, d~uharge, eaecute, comptNe, cc.npty wirh s~d abide by each and every the aipularions, ~yreements, conditions srd covenants of said promissory note and of this Mortgsgc, then this A~wtgage and the Eitate hereby veated ihall cease snd be null and wid. ? IT IS UNDERSTOOD tMt the wwd "Mongagor" whetl~er in the sirgular or plural ~nywhere in this Mortgsge, shall be iinyulu if one only ~nd ~ = shsll be plunl jointly u+d sevenlly if mwe thsn one, and that the word "their" ~i used_~nywherv in this Matyage sh~ll be qken to meu~ "his;' "hen," _j or "its," whereva the conteat w implie~ or admits. Alw, that wlxrever there is a reference in tke covenanb and agreements herein contained to any of r,. ; r :he parties hereto, tF~e same ~hatl be corsstrued to mean ss well as the hein, leyal rrpresentsrives, wccesson and auigns (either volvnfary by act of th~ ~ ; perties w involuntary by operatwn of the tsw) of the same and that the corenants herein contsined shall bind snd the benefit~ and advant~Qss inun = ~ ro the respective hei~s, kyal representatives, succeuws snd us~9ns of the parties hereto. ~ Md said Mortgayo?~, fa themstfvef snd their hein, teyal representarives, wtceswrs ~nd auiyns, hereby joiMly and ssverally covenant ~nd ~yr~e to and with th~ said MORTGAGEE, its successon and assigia: a i ~ 1. To p~y all and tinpular the principsl ~nd interest and the variovs and tundry sums of money payabk by virtue of said promitsory note, and thi~ ; ~ mwt9sye• each and every, prompNy on the dayt respectively the same severally becomt due. - s ? 2. To pay all and singular tF~e taxes, assessments, kvies, liabilities, oWigataro ~nd encumbrances of every n~ture and kind naw o~ s+id d~snibed ~ propert7r, a that t+ereafter msy be imposcd, suffered, pt+ced, levied, or ~ssessed thereon, or th~t hcruftei may be lev~ed w aiu.ysed vpon thit Morty- ; ~ +ge, a the indebtedness secvred her~by, e~ch and ev~ry, when due uid psyabk. ~ccadinp to law, before they become detinqvem, and befon ~ny imKei~ ~ # artaches or any pen~lty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAIt 8E PROMPTLY SATISFIED AND DISCFiARGEO OF ' RE~ORD AND THE ORIGIKAI OfFiCIAI DOCUMENT (SUCH PS, fOR INSTANCE, THE TAX REGEIPT OR THE SATfSfACT!~!N PAPER OfFfCIAILY ENOORSfD ~ OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORtGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ared in the evem tMt ~Mr ihereof is nol ~ paid, sai slied and discharged sa:d MOR~GAGEE m~y at any time p~y tht same a any part the.eof withovt waiving w affecting any option, lien, sqvity a ~ ~ •~qht under w by virtue of thii mortgage and the full amovnt of esch end every such payment shall be immed~ately due and payable and shaH bear intere~t ~ ~ ~•om the date thereof until pa~d at rate of nine per centum per snnum and toqether w;Ih such intereit shall be secured by the lien of th:s morgtage. _ - - ~ ' ~ ~ ~~--s- ~-x.-.~- , ~~zy . ~ r~.,.~-~ ~