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Home My WebLink About0503 ' } - ~3~`~ ~~6 ~ ~ E . ; THIS INDENTURE, A1ada t?;e 1s~ day of ~~Y- „ A.D. 14?5~ bctween r A.~ Alcott and L.auxa J. Alcott~ hi$ wif~ _ ~ _ ~ pf Sto ~'uC @ County Fiorida, hereinafler dtsgnatrd a~ the "MURTGAGOR," end FIRST FEC~RAL SAVINGS AND tOAN i I~SSOC'ATION OF fORT PIERCE, a corporatio~ organ~zrd and existing unda~ ihe lawi af the United ~~atas of Amerka rnd hn.~,:y its principai placa af bvsiness in tha City of forl Pierce, St. l~cie Covnty, F~orlda, horainafter designated a3 ihe "h10RTGAGEE:' ~L_ WHEREAS tha h10RTGAGOR li justly indebted to tha MORTGAI:EE in the svm of S 29~7~~• 00 , goed and lawful moRZy ~f tht Unftrd S!ates Advan~ed by the MORTGAGEE unto the MORTGAGOR, as evidenced ty a ceda~n promissory note of even da:e herewith, oi which thc fcllowing tn ' i words a~d fiflure: is a tr~e copy, to-wit: t s 29~700.00 _ Ma 1 NO 1002~~58 ~ Forf Pierce, Fiorida, y 19 For value received, 1, we or either of ~s, promise tu pay, ~vilhout dgfalcation, to the order of FIRST FEOERAI SAVINGS AND lOAN ASSOCIaT~ON OF 1 ~ FORT PIERCE at Fart Pierce, Flarida, the sum ~f S 29 f-7~~ with interest from date as 1he rate of 9~ ~°.o per annum, in monlhlr inslal!- ments as foltows: f~2.~.F~- on the 2~th day of " J~e , 19?5 and a like sum on ihe corresponding day of each month ihere- aRer vntii the whole he fully paid. ; . Each installment first shell ba applied in payment af ihe interest and then on the ~npaid balance of the p~inupal tum. If ~ defaulf is mrde in tha ` ~ paymtnt of any i~stallment whe~ due, a~d such default continues 30 dayf, then at tha o~tion of the holder, and without any other rotice, all ~he remaining { in~tallments shall be due and payable at ance. P~ivilege is givrn to prepay thi~ note in who'e or in part at aiy time without penalty. Neittier forebearancr, j nor acceplance by the holder thereoF after any default in any payments hereon, shall be deemed extension. A lata payme~t charge of 5-~-3-~ `~0 shall be i - added ta erch installment rEmaining ~npaid 7 days af~er its d~e date, and a like svm shall be added tu ea:h s~ch instal!mer.t remaining unpaid 7 days after each succeedi:~g pjymer.t date. . _ - , , - _ Each maker, surety and endorser hereof, ;oinlty and severa~ly, waives demand, preseNme~d proTast an~ noiica of protesl ior nonpaymer~t, and further agrees to any extension of time of payment, tither betore or afte~ n~aturity, withoul n~tice so a~y of us; and to pay all costs of colledion, Inc;~d+ng a reasonable atlorney's fea in the event of'any defauit hereunder, and hereby_severally waives all benefit of homestead and exemption ~nder the constitution and laws of each State of the United States, as again~t this obligation or any extens:on or renewal hereof. Witness the hand and seal of each party. • , , ~ ' ~ . . - s/Roaer As a1COtt (SEAI) . (SEAI). . _ 8IL.at~B .I~ _ AZCOtt _ (SEAL) - (S~EAI) ( ~ 1 State Revanue . _ - • (Sia~p~. csa~ull~L sr ~wB+~rww) ~ - ~ _ - NOW, THEREFaRE, the MORTGAGOR for the pu?po:e of secvrirtg payment of snid sum of =~g+9~~ ~ , and the performance of the -tove~anls and agreements here:nafter expressed,~ and for divets good and valuable tonsiderotior.i, by ihese presents, does gront, 6argain, sell, remise, release, convey and confirm unto the MORTGAGEE, its •~tcessors and ass;gns, a1t that certain lol, picce vr partel of land, tituate, lying, and being in the . ~ County of 5'~ L~~e bnd State of Florida, de~uibej as tollows: # . Lot 22~ Block 1~ HIBISCUS PARK SUBDIVISION~ accordxny to the plat thereof on f31e in Plat Book 8~ _Page 11! Public Records of St.'~ Lucie _County~ Faorida~. _ ~ - - _ - ~y~~ -.~G/ -o~~a oool~ - . _ ~ , ~ i ~ . ~r, N T f - STATE `'F F~Or,t~nE' 'r~>:l - - T' p O CUl~ f, K Y~• ` t ` t~i ti ; °:.5 "z DEPt. Uf ~.EVEi:Ui S ~ } ~ ~ ~ ~ _ . t . . zt` L~' ~ _ .~1 ~ J~~J~~'~~~~_ ~ - ~ . . . .q~ ~l _ `PB'Cr . . . , ~ti~~-- ~ . . , ~ . . _ . . , . . . . . . . . . RECEIYED G ~N ? - . DLiE ON AYMENT OE TAXES ' _ - C~4SS 'C IKiA~:G19LE PERSONAL PROPERiY ~ - PURSUAN7 TQ CFIAPTER 71•134, q~jS OF 1911, l ~ RJGER POfiRAf y r~ _ ~ CLERK CiRCUR CGURT, ST. lUCIE Cp~ Ft~ ~ • ~ together with a!I and sirsgular the ttnemeots, hereditaments and appvrtances thrreunio ~longiny or in anywfse appettaining thereto, and all tent:, issue~, pr«eeds and profits accruing and to accrue from :aid premises, all _of which are included in the above and foregoing deiviption artd habendum. _ TO HAVE At~D TO HOID the above desuibed and-granted premises unto the said MORTGAGEE, its sutcetsors and assigns focever. And the_said . MORTGAGOR fw --~~g~Y--- heirs, execvtors, administrators and assigns, here}~y covsnanis with the said MORTGAGEE, iti svtcessa?s and assigru, that --theY-arg-_ lav~futly seized of ttst said prrmius in fee simple; that the same are 'Free, clear and discharyrd from all lien: and encum- brances in lew 9r in equity, and shat_ theY will and thelY heirs shall warrant and defend the title to ~he same to the sald MORTGAGEE, its svccessers and assir~ns, forEVer against the [awful cfaims and demands of all prrsons; PROYIDED, ALWAYS t~at if the MCRTGAGOR shall pay uMo the Mt3RTGAGEE the gromissory note hereinfioe#ore desvibed an3 sha{I truty, prorrptly and fu!ly perf~~rm, discharge, execvTe, complete, tomply with and abide by each arr~ every tha stipu!ations, ayreements, torsditians and co~enants of satd prom~ssory note and of ~~iis Mortgage, then this Mortgage ar.d the Estate hereby created shall cxase an.i be rwll and rroid. IT IS UNDERSTOOp chat the word "Mortgagor' whether in th.e singula: or plurol any.vhere in this Mortgage, shal) be singvlar if one.only anci t»C'~ f; - sFal{ be plural iointly and severally if more than one, end thae the word "~hair" as used anywhere in this Mortgage shall be taken.ro mean "hi~," "hers," p~ or °its;' wherever the coniext so implies or admits. Also, that wtiirever there is a reference in tne covenantt anrJ agreem.~ti herein censainrd 1o any of~_ ~ the parties hereto, the same shatl be construed to mean as well as the heirs, le9al representative~, successors and auigns (either vo~unta•y by act af the partiei or involuntary by _ operatan of the law) of the same and that the covEnants herein contained shail bind and the benefits and adva~tages tnu~s 's to the rtspertive heirs, legal representatives, tuccessors and ass~gns of ihe parties here!o. _ i - ; Arxl said 14hortgagors, for themsel~es and tt.eir hein, legal represeMatives, auc<essors and auigna, hereby jointly. and severally covensM and sgr ~ _ ; to and with the said M~RTGAGEE, irs succes:ors and assigns: . . cy 1. To pay all arsd singvl~r the prirxipal and i~terest and the varicus and iundry svmi of money payab!e by virtuz of ~aid prcmiswry rtote, and thi~ ? mortgage, each and every, prompfly on the days respectively the same sevErall~• become dua ~ 2. To pay all and fingular the taxes, asseasments, levies, (iabili!ies, cbl~atio~s and encumbrantes of every nature and kind novr on said desui ~ preperty, or tnat hereafter may tx imposed, svfferod, plxcd, levied, or asfesud therecn, w iha~ heresfter may be ~EVitd ot sssased vpon ihis Mort ~ sge, or t}ro indebtednesi setured here.by, each and every, when dve snd p~yabl~, according to law, before they become dtli~~uer.t, and be~ore a~y inter attzcF.es or a~y penalty is inc~rred; AND INSOfAR AS RNY THEitEOF IS Of RKORO THE SANIE SHAII 8E PROMPTLY 5ATISf1E0 AND OISCHARGED OF _ 2ECORD AND THE ORIGINAL G`FFICIAL DOCUMENT (SUCH AS, FOk INSTAtVCE, THE TAX RECEIP7 OR THE SATISFA~T!(~N PADER OFHCIAIIY FNDORSfD > OR CERTIFlEU) SHAII 8E PLACED IN THE HANDS OF SAI~ MQRTGAr~E WITHIN TEN DAYS NEXT AFTER PfiYMENT; and in the evsn~ that any thereof ii not paid, sat;sfied end discharged said IhORTGAGEE may at any time pay the same or any part thet~of witho~t wa~viry or af(etting any oplion, lien, eqviry or •ight under or by virtue of Ihis m.ortgage and the iull amounf of each and every such payment shall be immediate~y ~ue and payable and shall bear inlerLSt - - irom ihe date thereof ~ntil paid at rate of nine per centum per annom end ioaether wtth such interest ~hall ba sewred by the litn of th:s m9rQtaqe. c :