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Home My WebLink About0604 33~36i~~ . THIS iNDENiURE, AAad~ ~ne-24th day of _`J~e AA, 19?6 betweee Samuel Kniqht and Betty Lou Kaiqht, his wife of St . ^ e ~"uCiQ Carnty ~la~da, hereina(tcr dcs~~naeed a~ Ihe "MORTGAGOR," a R FEO~~A~~1MG5~ 1~N0 IOAN AS$pCIATION OF FORT PIERCE, a torporat~on organi:ed and ez~i~~ng unde~ the laws of ths Un~ted Sta~~s of America ind h~virg iri pri~tipal plat~ of busi~u in ths City of Fort Pieres, St. lucie County, Florids, hereinafter des~ynated as t~~~~ "MORTGAGEE:' WHEREAS ths MORTGAGOR ia j~~tly indebttd to the MORTGAGEE in the sum of S 12s~0• ~ood ~nd ~awful monay of the Unitcd States ad~anced by ~he MORTGAGEE unto the h10RTGAGOR, ai evident.~d by a certa~n promissory note of even date herewith, of whith tM }ol:owinp in ~ vvords and figuref is a true copy, tawit: - ~ ~12,000.00 ~ 1Od21999 i Fort Pieres, Flaida, 'J~e 24 ~ 19 76 : Fw value reccived, I, ~ve w eithe~ of vs, promise to pay, without defa!ca~ion, to the ord~r of FtRST fEDERAI SAVINGS AND LOAN ASSOCIATION Of ! FORT PIERGE at Fwt Pierce, Ftorida, the sum of S 12 ~ - w~~h in~erese from da~e ar the rate of 9•~ 96 pe~ annum, in monthly install. ~,ents as fo!!ows: j l~a• _ on the 20th day of _ Au9uSt~ _ 19 76 and a like sum on the cwre~pond~ny day of esch momh thera- af~er until the whole be fully pa~d. Each installrnent firot shall be appGrd in Hayment of the ~nteresl and then on the unpa~d balance of the prinupal sum. If defaulf it made in ths ~ i~ay~nent of any installrnent when due, and s~ch default cont~n~es 30 days, then a/ the option of ~he holder, and witFwut any ofher notice, all the remaining + ! ~nsiaUrnents shall be due and payable al once. Pnviiege is g~ven to prepay this note i~ whofe or in part at aay fime without prnalty. Neither faebear~nce, nor acceptance by the hotder thereof after any default in any payments hereon, shall be deemed extension. A late payment tharge of s'S'4O shall be added to each installment remaining unpa~d 7 days aiter its d~e date, and a like sum shall be added to each such installmeot remaining unpaid 7 days after each succeeding pa~ment ciate. Each maker, surety and endorser hereof, jcintly and severally, wa~v~s d~mand, presentment protest and notice of protest fw nonp~yment, and furthe~ a9rees to any extension of time of payrnent, e~the~ before o~ after maturity, wirhout no~;ce to any of us; and to pay alt costs of collection, intludinp a reasonablP attomcy's fee in the event of any defa~~t F:ereunder, and hereby severally wa6ves nll benefit of homestead and exemption under the consfifulion a~~d laws of each State of the United States, as aga:nst this ob:igation ar any exte~sion w renewal hereof. Witness the hand and seal of each party. ' S/ Samuel Knight ~q ~ ~~~ti.. • (SEAIJ C_ ' S/ Betty Lou Kni ht i iicE o~t~ • jL • ~ ~ C ~ ~ t ~ g (5~?U i Sis.oo ~ c_ _ ~ sTate aeva,ue ; iStanp~ sera~Wad o~ ~~igirrLraole) NO'~Af, THEREFORE, the MORTGAGOR for the pu~pone of securing payment of said sum of S 12 ~ , and the performance of tM covenants and agreements hereinafrer expressad, and for divers good and valuable conaicentio~s, by theu presents, does grant, baryain, sell, remise, ~~~~ease, convey and confirm unto the ~~IORTGAGEE, ~ts successors and assgns, all that certain lot, piece or pa~tel of land, situate, lying, snd being in tM County of St. Lucie and State of Fbrida, desvibed as tollows: i ; The South 36 feet of Lot 11 and the North 47_ feet of L.ots 12 and 13, Block 1, SLAKELY SUBDIVISIOV as per plat thereof on file in Plat Book 10, page 50, - of the public records of St. I.ucie Coeu~ty, Florida, together with that ceYtain ~ abandoned alley as per O. R. Boo~: 19, page 224, Public Records of St. Lucie F County, Fl~orida ~ S TAT E~~ F L Q R 1 D~1.1 RECEIVEp i ; UOCUMENTARY,~==;~ STAM P?;. ~ I p~ p,~ ~k P~rME~ oF tAxEs ~ ~ UEPT- ~~f ~tEVENUf::' ~ - - - - ~USS'C INTANGIBLE PERSCf..31 pRQPfRfY~ ~c a~e = _ ~;~:,ti,.r.,.z~~ , PURSIMKi TO C11AP1ER. 71-134. ACTS Of : '1i _ ye =,ii;M3u'16E=~ ~ 8. 0 O i flOGER POITMS 9:t. 1YC ~I . o = ~ t~~2 ~ CIAiCUIT OOUR~. Sf. LIiCfE C0, FlA ~ i By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within m~Ytgage secures not i ~ only an existing indebtedness, but also ADVANCES ' to be HfiREAFTER nade by Mortgagee to Mortgagor . the aggregate of which will equal the principal ~ amount specified in the promissory note secured ~ hereby. ! ~ ~ roqether with all and singulsr the tenemen!s, hereditaments and appurtances thereunto belongir?p o~ in snywise appe?tai~ing thereto, and all re~ri, iuues, ~ procecds and profits accruirg and to accrue from said premises, all of which are included in the above and faegoinp description and Msbendum. r TO HAVE ANO TO HOL~ the above described a~d granted premises uroo the said MORTGAGEE, its s~?ttesson and asiiyns forever. Md ih~ saW ~ ,V~~RTGAGOR for - ~~1=---- heirs, exec~~ors, administrators and assigns, hereby tovenams wilh the taid MORTGAGEE, its sutteswrs and assipM, the aYQ _ ~awfully se~ied of the said prem~ses in fee simple; that the ssme are iree, clear and disci?~rged from dl liero snd ~ncum~ ~ ihat ~ brances in law or in equity, and that theY will and th~r heirs shall warrant ~nd defeod the fitle to the samt fo fh~ ~aid MORTGAGEE, its successors and assigns, forevei against the lawiul claims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p.omissory note hereinbefwe described ~nd ih+ll truly, promptly and fully perform, d~scharge, execure, complete, comply with and abide oy each snd every the stipul~tions, sgreemenri, conditiw~s and tovtnanb of sad ;::omissory note end of this Mortgage, then Ihis Mwtgage and rhe Estate hereby created shall tesse and be oull •nd void. • ~ IT IS UNDERSTOOD that tht word "Mortgagoi' whether in the singular w plural anywhere in this Mortgsge, shall bs si~gul~r if one only u~d ~ shall be plu~al jointty and severally if mare than one, and that the wad "their" as used snywhere in this Mortgsye fhall be qken to msan "hiu;' "hns;' T~: ; o. "irs;' wFxrever the context so impl~es or admi~s. Afso, fhat whereve~ there is a reference in the covenants and agreementa herein eantained to ~ny of w~* ~ rhe parties hereto, the same shatl be construed to mean as well as the heirs, legal representatives, successon and euigns (either voluntsry by ad of tht oarties or involuntary by operation of the law) of the samr and that the covensnts herein contai~ed thall bind ~nd tM b~nsfib ~nd advanbpet inw~ ~ ro the respective heirs, legal representatives. successors and ass'gns o~ the parfies hereto. ~ Z ~ And said Nbrtgsqors, iw themselves and their heirs, legat rep~esentatives, successors and ss~iyns, hereby jointly and ~ererally covenanf and apr~e ; fo and with the said MORTGAGEE, its successors and assigns: ' # 1. To pay all and singular the principal and ir.terest and the va~iovs snd •undry sums of money payable by virtue of said promi ~ swry noN. ~e+d tF~is mortgsQe, each and every, p~omptly on the days respectrvely the same uvenlly become due. ~ _ 2. To pay all and •ingvlar the taxes, assetsments, levies, liabltities, obligatiorts snd rncumbrarxes of every natwe ~nd kind now o~ said defcribed ~ property, w that hereafter may be impoud, suffered, placed, levied, a assrssed thereon, w tMt hereafter may be Irvied or ~ssessed upon fl~is Mort~- ~ ege, w the indebtedness sccured hereby, exh a~d every, whcn due and payabte, according to law, before they become delinqvent, and b~fa~ uiy lntenst ^ a•~eches w any penalty is incur~ed; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAtI BE PROMPiIY $ATISf1ED AND DISCHARGEO OF ~ RECORD AND THE ORIGiNAI OfFICIAI DOCUMENT (SUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N PAPER OFFICIALLY ENDORSEO ~ OR CERTIFIEU) SHALL BE PUICEU IN THE HANUS OF SAID MORiGAGEE WITNIN TEN OAYS NEXi AFTER PAYMEtJT; snd in the event that ~ny thereof if not i ~ pa+d, saYSfied and discharged sa'd MORTGAGEE may at any nme pay the same w any part thereof without waiving w affectin~ any option, lien, eq~ify p ~ •+qht under or by v~rWe of th~s morrgage and the fuli amount oI each and every such payment shall be immediately due and payabk and shall bea~ inferest ~ ~rom the date ~hereof ~r.t;l pa;d at rare ol n~ne per ce~T~m per annvm and togerher +v~th svch interest fhail be secured by the lien of th's mwyts9e. r~ . . ~ , . . _ _ _ . .