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Home My WebLink About0112 32:3~~~ ~ THIS INDENTURE, AAid~ the___.1~~ h-~ Jay of rt h A.D. 19?~ betwa~n Robert G. Fox Attd Mil~lrecl Re~hi~~ ~ife _ af $t. ~.tlC 1@ ~~q~~Ty flw~da, here~natta desg~ated as the "MORTGAGOR." •nd FIRSi FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation wgar.~ird and existi~x~ unde~ tha laws of the Un~ted S~att• of Ameriu and havin~ its printipal plat~ of ~%lWNi~ III tIN Cliy O~ FWt PiHC~. St. lud~ County, Florida, hereinaf~er des~qnated ss the "MORiGAGEE:' WHEREAS tM MORTGAGOR ~s jwdy indebted to 1he N10RTGAGEE in tha aum of S26a S~ gcod a~d lewful money of the Un~ted Stattt ~dwnt~d by the MORiGAGEE uNO the MORiGAG0~2, as eY~drnced by a certa~n pran~sso~y no~e of evan date harewith, of whrch the folfowi~ in wud~ ~nd ii~urN is a 1rw coPY. lo-wit: ~ 10021826 ~ 26,.SOO.OO ~NPwuSERS • ~ ~ UcE oNt1l l~ •~?.~I ~ t. L~C-/~ Ma rc h 1 S ~q 76 Fort Pierce, Floride, Fo? valw reteived, 1, we w either of us, prom~se to pay, withoul dafa(car.un, tc the order of FiRST FE~EkAI SAVINGS A~:D LOAN ASSOCIATION OF fORT PIERCE +f Fwf Pi~res, Fbrida, 1he sum of 5~ ~-~0•~~ v.~th ~ntereat frum date at the rate of a•?yr~ per annum, i~ monthly install- me~t~ u follows: Z 21a o~, r~ 20th day of ~y 19_76_ and a Gke sum on the correiponding day of each menth therr- t ~fter umil the whole hs fully paid. . E~th installmsnt first thall bs applird in payment af the interest and then on the unpaid balar.:e of the prinup+l sum, if default is made in ths paymeM of any instatlment when due, and such default connnuzs 30 days, Ihen at the opuon of the ho~der, and w~thout any o~her ~otice, sll the rem~ininy installments shal) be d~e and payab:e af once. Privileg~ is given to prepay lhis nore in whole w in part st any t~me withoul penaity. Neither forebearantt, 10.90 nor ~cceptanc~ by Ihe iwlde~ ti~e~eof after an~ default in any payments hereon, ahalt be deen~c~! ex~ension. A tate paymenf charge of = sh~11 b~ added to tach installme~t rrmainiop unpa~d 7 days aher its d~e date, and a like sum ahafl 5e addad to eech auch installmont remaining unpaid 7 days afiW ~ sach sutceeding paymenf date. Eath maker, surety and endc+rser hereof, joi~tly and severelly, waive~ de'mand, presentm.ent protest and notite of protest fw nonpayment, snd further aqra~s to s~y extension of time o4~ paymenl, either beFore or at~er maturity, without ~ot~ce to any of ~s; and to pay all costs of collection, in~ludinp a re~sonabk attaney's fee in the event of any def~ult heraur,der, and hereby sererally waives al! Genefit of homeatead and exemption under 1M constitut{on and laws of eath Sute of fhe United States, as agaEnst this cbGgation or a~y extension or renewal hcreof. Witness the hand and xesl of each party. . ~O s/ Robe'rt G. Fox ~~U t S~' - ~ 1~1 iAYf~EM~P tAXFa (SE/?U p1~E pN qJl~t ~C N~Tlw6ldlf rE'c~~l P~PERn, s/ Mi ldred Fox ~u p~y~ ~ qill/iE~ 71•13~. ~Tf Qi 19/1.~,! (sFJ?q r S 39 . 7 5 ) StsM Revenue ~ ~ ~ (SN~y~-Wwall~d ~f?~ ~ri~iw~l ~fa R~ NOW, THEREFORE, the MORTGAGOR iw tM pwpox of secwing psyment of satd sum of s~f? ~~0. ~ and the pe?formance of tM covenants and ayreements hereina(ter expres~ed, end for divers good a~ed valuable co+~aiderations, by tt~ase presents, does gr~nt, baryain, sell, ~emix, releass, convey and tonfirm unto the MORTGAGEE, its successors and ass~gns, all that certain toL piece or parcel of land, tituate, iying, end being in t}+~ C~~y of $t • j'~ 1e and State of Fbrida, desu~bed ~s foilows: ~ The Bast ~5 feet of the West 125 feet of the South 131.75 feet of 7.70 acre parcel No. 9. ( as shrnan on the St. Luc ie County ?ax Assessor' s MP?p) lyino North of Torpy Road. . - All lying in Section 21, To~?nship 34 South, Ranqe 40 East, St. Lucie County, Florida and more particularly described as folle~•s: Conmencing at the intersection of the North right of ~cay line of Torpy Road and the fiast right of way line of the Florida East Coast Railway, run essterly along the North right of way line of Torp~ Road, a distance of 50.85 feet to the point of beginning. ~ From the Point of Beginning continue easterly along said North right of ~ray line ~ of Torpy Road, a distance of 76.28 feet to a point; thence run northerly on a line ~ parallel to the Florida Bast Coast Railway right of way a distance of 134.0 feet to a point which is 131.75 feet north of the North right of way of ?orpy Road 125.0 feet East of the Florida East Coast Rail~cay East right of way; thence run iJesterly along a line parallel to the right of vray line of Torpy road, a distance of 76.28 feet to a point SO feet east of the East Railxay right of way line; ~ thence run Southerly along a line parallel to the Railway right of way line~ a ~ distance of 134. feet to the point of beginning.~ ~ By agreenent of Nbrtgagor and Mortgagee on file ~rith Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HERE- AFTER made by Nbrtgagee to Mortgagor, the aggreyate of which will equal the principal amount specified in the promissory note secured hereby. F toyether with all snd singula? tM tenements, hertditaments and appurtances rhereunto belong~ng w in anywise appeAai~iny thtre% ~nd all renU, iuue~, ~ ~ proceeds and profi» ucruirg and to accrue f~om said p?emises, all of which are included in 1F?e above snd fwe9oinp destription and hsbendum. TO HAVE AND 10 HOLD the sbove described and granterJ premius unto the said MORTGAGEE, it~ sutceswrs ~nd suiyns forevN. Md tM safd ~ their hereby covenents with tF?e s~id /NORTGAGEE, it~ sucuswn and aisipro, AAORTGAGOR ior - heirs, execut«s, adminishatots •nd assi ~ tMt they are lawfully seized of the said prem~ses in fee simple; that the same are frse, cksr and difcharged from all liens ~d entwr? ~ brantes in law w in equiry, and ti~at th@y W~~~ their }~eirs shall warrant ~~d d~fend th~ titls to the same fo tM said , ~ AhORT6AGEE, its s~tuasors and auiyns, fo~ever against the lawful claims and demands of •II persons; r ~ PROVI~ED, ALWAYS th~t if 1he MORTGAGOR shall pay unto the MORTGAGEE the promiasory note hereinbefore desuibrd and shall ttuly, promptiy i a~d fulfy perform, disch~rge, eaecute, complete, comply with snd ab~de by each and e~ery the Nipulations, agreements, corwitions snd covtnanb of said { ~ promiswry rate ~nd of thn Mortgage, tlxn this Mortgage and the Estate hereb/ aeated shall cease and 'us null and wid. ~ ~ IT IS UNDERSTOOD tMt the wwd "Mortgagw" whe~her in the singular or plural snywhere in this Mwtysge, shall be sirpulw if ont only and ~ ~ ahall be plural jointly ~nd s~verally if more than one, and that the word "fheir" as uscd anywhere in this Mort9+qe shall be taken to mean "his,' 'h~n," ++~s w"iri;' whaere? ths context w implies w admits. Also, that wherever there is • reie?ence in the covenam~ a~d agrecmenn h.r.~n com.i,wd to any ot tFN p~?ties hereto, the ~me ahall be construed to mean as well ss the heirs, legal representstives, successon and auigru (~itF?er voluntary by ~cf of tM ~ parti~s w involunNry by opention of tM taw) of the same snd that tha covenant~ herein contained sMll bind +nd tM benefi» and ~dva~t~p~s,itwt~ ' to th~ re~pective he'rs, legsl r~presenestivei, successas and au~gns of the parties hereto_ ~ Md said Mortya9on, fa themselves and thrir heirs, leyal representativcs, sucussws and assigns, hereby jointly snd severally coven+M ~nd syr~ to ~nd with tht s~id MOR7GAGEE, its ~uccessors and +ugns: ~i ~ ~ 1. To pay all and si+gvla~ the printipal end interest ~~d the various and su~dry sums of money payable by virtue of said promissory not~, and thb ~ morty~s, ~ach and ~wry, promptly on the days respectively 1he same severatly become due. ~ 2 To p~y all ~nd sirgulat tfie taxes, ~ssessmenri, levies, liabilities, oblig+tions and encumbrances of every nature and kind now on ~aid dacr~d ~ proparty, or tMt hereafta may be impwed, t~ffered, plxed, levied, w~sse~sed thereon, p that hereaher miy be levied or asse~sed vpon fhit MoA¢ ~ a~, w tM M~d~btedn~u secured hereby each and wery, when dw and pay~ble, sccad~ng ro law, before they become delinq~er?t, u+d befort ~ny im~r~st ~ att~ches w+~y penslty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPiIY SATISFIEO AND DISCHARGEO OF ~ RECOR~ AND THE ORIGfNAI OfFICIAI DOCUMENi (iUCM. A5, FOR INSTANCE, THE TAX REfEIPT OR THE SATISfACTIGN PAPER OFfIC1AlLY EN60RSED ~ OR CERTIFIED) SHAII 6E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMfNT; a~d ie+ the evenf thsf nny ~hereof is nof " psid, sat:sfied and dischugec sa:d MORTGAGEE may at a~y t~me pay the same or any pan thereo~ without waiving or aNectiny ~rty option, iiFn, Eq~ify p ~ •iqht undtr ot by virtue of this mortgage and the full amount of each and every tuch payment shsll be immediately due ~nd payable and ihall btar int~rqt ~ ~~om the d~te thtreof until pa~d at rate'of n~ne per cent~m per annum and toyether w~th such interest shall be secured by the lie~ of th:s mor9t~ye. ~ ~ - - - - - _ : _ . ..~.v