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Home My WebLink About0186 ~ ~ fa value received, 1, we w either of ~s, omise to pay, hout d~Falcatio~, to hs order of FIRS FEOERAI SAVIN~S AND IOAN ASSOC TION OF PORT P RCE at Fat Pierce, ida, the sum of f _ with inter r from date at rh ~ate of per annum, in month install- ~nents as Itows: 5---- on the ay of 19___ and a like ium the correspon ng day of exh mont there- after until whole be f~lly d. Each i t~~I~nenf tirst thall applied in paymen of ~he interes and lhen cn the un id balance of t princ~pal tum. If defeult is made the ~ paymenl of an installment when e, and such default nt~nues 30 da s, then at the option f the holder, an without any oth notice, all the reme 'n~ insullme~ts shal be due and payab at once. P~ivi:eg~ is iven to pre this rate in whole o i~ part st any e without penai . Neither fasbear e, nor accepfante by halda tFureof fter any default in an paynxms he n, ahall be deerned tension. A lat payment cMrge f S_-~ sF?sll dded ~o each insta ~nt remaining v id 7 days aNer its date, snd tike sum sheli Ix ad to each such staUment remain unpaid 7 daya ~h e ch succerding paY. nt date. Each maker, sure and endorser reof, jointly and seve IIy, waives emand, preser.tment pr test and notice f proteaf fo~ non ayment, and further sgr to eny extenaan time of payme~ either before o~ after atu~ity, wit t notice to any of s; s~d to pa all cosls o( col tion, intludirq a reason ble attwney's fee ~ tho event of a ckfau~t hereunder, a. hereby se e~ally waives all benefi of home:tead nd exemptio~ u r the conatitution ~ and la o( each Sute of t United States, ~ against lhis oblgat~o a at+y ext nsion or renev.al her Wi s~ the hand and al of each par . ` (SEAI) (5~?U cs~?u . ~ ~ lh 800.QO ; NOW, iHEREFORE, the MORTGAGOR fa the purpose of securing pa~~ment of sa~d sum of = ~ and tM performa~ce of th~ covensnti and agreementi hereinafter exp.essed, and fw d~vers good and valuable cons~de~at~w~s, by these present~; does grant, baryain, sell, remise, reiease, convey and confirm unto 1he MORiGAGEE, iri successors and auigna, all that ce?tain lot, piece w parcel of land, situate, lying, and !»ing in the Counfy of St. Lueie , and State of Fbrida, dewibed as iollows: . ~ Lot 10, Block 53, RIVE~ PARK UNI? 5, according to the plat thereof on file in Plat Book il, Page 31, Public Records of St. Lucie County, Florida. By agree~ent of Mortgagor and Martgagee on file with Mortgaqee, the xithin vortgage sea~zes not only an existing indebtedness~ but also ADVANC6S to be HERFAFTBR made by MorLgagee to Moztgag~z, the aggregate of which aill equal the principal aaount specified in the pronissazy note secured hereby. , 3y,5.>~~- ~~s--~,~~~~ I ~ ~ S i AT ~ ~ L ~ , ° _ . i . ~i ~ M~ DGCLtM~EiJ?AR". . ~T;. M ~ ~ ~ I 0 ~ ~ z~ ,..'_'tP`.C'~ u~Yt!ti~J:. •`,t'~f'~`_ - ~t1~` -,,~,~-`:'3,' ~ ~f N ~ Pt~R ~ :t' - F.8 ~ ~iLl.'IE t,~''"a `ut ` ~ ~ O , ~ / ~ r 1111. • m Q T!!~;;~ - • ~ , S ~ ~ ' ( QfG~E~ ~th~ ~"1~ 1. ~ ~ ~y ~ Oa ~'Q'G1t~ER ~ Ppl~lr'-t ~ ~l' - . . . . . ~~~pl~~ f10~E~ S{ . Ml~',If ~ , ~Gh~ ct~-~ toyether with all snd sirgular the tenements, hereditaments and appurtances thereunto belonging or in anywiu appertaininp thereto, a~d ~II rents, issuts, ~ proceeds and profit~ acuuing and to xcrue from said premises, all of whid? are included in the above s~d fwefloing description +nd habendum. ~ • ~ TO HAVE AND TO HOID the above deuribed and 9ranted premiies unto the uid MORTGAGEE, ifs successon and +ssigns forever. Md tFw said ~ MORTGAGOR fw --~Z--- heirs, executors, administretors and assigns, Fureby covenanti with tl?e said MORTGAGfE, i» svuessort ~nd ~uiQro, ~ that --the~? aZe__ lawfully se~zed of the said prem~ses in fee simple; that the same ere free, ckar and disch+rged from all liens and Mtum- brances in law w in equity. ~nd that th~ will and th@~I _ heirs shall w~rrant snd defend the title to the asrn~ to tFK taid ~ MORTGAGEE, its succeasors and euigna, fwevcr against the lawful claims and demands of all pe~sons; ~ PROVIDED, AlWAYS ~hat if the N10RTGAGOR shall pay unto the MORTGAGEE the p~omiuwy ~ote hereinbefwe desaibed and shall truly, promptFy ~nd fully perfwm, d~xMrge, execute, complete, compty with and ablde by esch and evcry the stipula~iona, ~greements, conditions and cove~anri of said ~ promisaay note snd of thi~ Mortgage, then this AAatgsge and the Estste hereby creatcd ~hall uase snd be null and wid. ~ IT IS UN~ERSTOOD that the word "Mortg~yoi' whether in the singulsr or plur~l enywhere in this 1Nortg~ge, shall be tirgula? if on~ only ~~d shatl be plu~al jointly ~nd sever~lly if more than one, snd that Ihe wwd "their" ~s uud anywtxre in this Mortyay~ shsll be tsken to mtan "hii ••Mn ~ ~ o? "its;' wherever ~he context so implies a sdmits. Also, that wherever there is a reference in the coven+m~ and agreemeMS herein conuined to any of ~ tFw panies hereto, the same ~hall be comtrued to mean as wetl as the hein, kgal representatives, successas s~d ~ssigns (either volunt~ry by act of the ~ partie~ or i~volunt~ry by operation of the law) of the same and that the covenants herein contained shall bind and ihe be~efits and edv~Mayp inwt ~ ~ to the respective heiri, legal r~presentstives, wccessors and ass~gns of 1he psrties hereto. ~ And said AAortysgors, for themselves and thei? heirs, legal representatives, succetson ~nd ~ssigns, hereby jantly and sevaally cov~n~nt and apr~e Q Y to and with tM said MORTGI~GEE, its successas +nd aisigns: ~ ~a, ~ 1. To psy ~II end f+opular the p~incipal a~d interest and the various and sundry sums of money payable by virtue of uid promiuory not~, and thb ~ mort9+ye, tach snd erery, promptly a? the days respectireiy the seme severally become due_ 2. To pay all and singular the tazes, sssessments, levies, liabil~ties, obligstions snd cncumbnnces of every natu~t a~d kind now on said descrlb~d - ~ property, a that hereafter may ba imposed, suffered, pl~ced, levied, or ~uessed thereon, w tMt hereafta may be levied or usessed upon fhis Abrf~- ~ ~y~, w tM Fndebtedncss tetured hereby, esch and every, when due and payable, accwdinp to law, before ti~ey beco~ne delinquent, and befa~ ~rry intaest •naches a any penalty es incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISfIED AND DiSCHARGEO Of a, ~ REtORD AND THE ORIGINAL OFfIC1Al O~JCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFfIC1AlLY ENDORSED OR CERTIf1ED) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS kEXT AFTER PAYMENT; and in the event IMt a~y thereof is nW ~ paid, satsfied and distharged ta:d MORTGAGEE may at any time pay the same w any part thertof without waiving ot affettiny aoy option, lien, equity p •iqht under or by virlue of this morrgage and the fuli amou~t of each and every such payment shall be immcdiately due and payabk and shal) bear intaest ~ '.om the date thereof until paid at rate of nlne per cenrum pe~ annum and together wnh such inte~eu •hsll be secured by the lien of th:s rtwryt~yt. ~ ~ , , - = ~ ~ ~ ~ ~ Y~'~ ~1 . ~ ~ ~ . . . , ~ _ . . . _ " ' ' ~