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Home My WebLink About1277 ~U'~89C~ ~ ~i i ~ • , r~av TH1~ INDENTURF, M~de ihe_? th day of _ A.O. 19 7 S~ between - ~jrerrish h~~'v+i-~e ' ~ ' ~?~_~aine ~Gerrish and Sabra S. , , _ of St ~ I.UCI@ Cw;nty Fior~d~, hercinaite? designated as tha "A10RTG GbR,•• anT J fIRST PEUFRAI S1~VlNGS AND LOAN ~ ASSO':IATION OF F~RT PIERCE, a corporation orgq~iized and exislino ~ryde~ Ihe laws of the United StatQ~ ef America and having irs Frincipai place ot ~ b~iines~ ir. the City oF forf Pierce, S). Luda County, faorida, hereinalta~ designared os the "h10RTGAGEE.° _ • WNfREAS iha h10RTGAGOR is jusity ]ndebted ro ~he MORTGAGEE in ~ha wm cf S_-~Q}~-~14-Q-----. 9ood and lawful money o( the United ' ~ States advanced by the 1ltORTGAGEE unto the MOkTGAGOR, as evidenced hy a tertain promisiory ~ote oi eve~ date heraw~th, of w4i~ch tfia Sotlowing in j wordf and figures is a trua copy, fPWit: ~ s ~.Q~000=00 _ . . No 1300003~ ~ Fort P~erce. Florida, ~~aV ~7 . 19 7~ _ . ~ For vrlue rectived, 1, we or cither oF us, promise to pay, r~ithouf de(aication, to the o~d~r of FIR,~,T fEDERAL $AVIf~lG$ AND IOAN ASSOCIATION OF f FORT PIERCE at Fort Pierce, ftorida, the sum oS s_ 3~~~ L00-.-__ w;th inter s irom date at thz rate of a~ 5,~~o per annum, in monthly install• ; ~ 21t2 00 `'Oth Au9ust - i mznts as fol!ows: S- • ~ on tha day of 19__-_ and a iike sum on tha corresponding day of each month the~e- ~ after umil th~ ~vhole be futly paid. ' ~ ~ Eath in:tallment firsl shatl be appl+eJ in payment of the interesf and then on the unpaid bala~ue of the priacipal sum. If dAfault is made in the ~ - payment of rny hstaNmFnt when dve, and sucn dciavlr continues 30 days, Ihen a: ti~a eptian of the holder, and witho~t any other notice, all th- remaining 3 ~ installments shaU be due ~nd psyable at once. Privilege is given lo prepay this note i~ whote or i~ pa~t at any time withou; penalty. Neither (orebearance, ! nor a:ceptance by the holder thereof aftar any default in eny paymr~nls hereon, shall be deemed axte~+s~on. -A late payment cha~ge of ~ 12 • 1Qshal! be _ ad3eJ to eech installment remaining unpa:d 7 Jays after i1s due, date, and a like swn sh311 be added to each wch installment ~emaining ~npaid 7 days a(ttr ~ach succeeding payment date, - - - • Each rneker, sur.ty ~nd endorser hereof, jointly and arvcraily, wa~ves d~mand, ~.resentment prote~t and notice of protest for nanpayment, and furlher ~ ag~ees to any extPnsion of ti~ne of payment, either ba(ore or aiter maturi:y, witi~o~~l i~ot~ce to any of us; and to pay a!i costs of collection, including a _ ~e2sonable attosney's fee in tha evant of any defau:t hereunder, and he~eb~ se•.•e~a11y ~vaives all benefft af homestrad and ezempfion under the constitWion. ~ . and laws of each Sroie oi ine United ~tates, as aga~nst this nbi~gation or any extcns~o+~ or renevial hereof. . ~ Witness the hand and seal of each party. ~ " S~ R, I31a1112 G~xYI.S}l (SEAI) ~ - (SEAL) i - s/ Sabxa 'S. Gexrish - cseA~~ . ~ . - ~ (SEAL) i ~ ~45~~~ State Revenue ' ~ ' , ~ . ,isr~,~Afu~"~ wr+-~~~~ ~ - ' ~ NO'vY, THEREfORE, the h10RTGAGOR for the purpose of securing payme+~t of said si~m of S ~t0~•~~ , and ttia performanct af the i _ covenants and agreements hereinafter expresied, and f~r divers good and valuab'e con~idarations, by these prese~ts, does grant, :,argain, sell, remise, i release, convey and confirm unlo the MORTGAGEE, its s~c<~ssors and assigns, all ?hat certai~~ lot, piece ot parcel 04 land, siSuate, lying, and being in the CounTy of -St I~L1Cle - , and State of florida, desuibed af follows: . - ~ Lot 10~ Block 4~ PORT ST. LUCIE~ Section 25~ as recorded in - , Plat Anok 13~-pages 32, 32A-32I of the p~blic records of ' St. Lucie:Coun~y,.~lorida - ` - = - 3yaa -~aa-ao~9 - Dobf7_ , - - i - k Ii ~ ~ i • _ 1 _ - U Q~ Y ' - ' = - f,~ ` c G~ ,t Q~~,,~'~F - - _ ~ _ , v ~ *,l ~ ' ~ . - - - - - - - ~ F' ta 1/~ ~ (j! _ ~~j\~ ~ ~?~~`5 ~ 4 ~ - / c' ; , ~~P ~1- ~ ' ~ ~ ~ 0 ~ , •c ~ ~ - ~ ~~~N fiF~, ~ 5 ~ ,~~~E~~'~,y~ ~ ~ S~. ~ ; I _ ~ :,~t~ t;FV~-``~_ ,~~[=~j~ ~v;~(i~~1~Q ~ i % ~ ! ; _ llt .,~j~ ~ ~ J . it~V' )(t ~ _ . - ~ ~ y 1~~ i '1,• f~=''! . ~ ~ ! , ~jtp' jV"~ . - ~ . - ~ C~.-1 i ' ~,1;1. ~ . ' . 3 'I t ~ l P~~ E r . ~ - `+G. c" i `.`~r;` . . _ ~ ~I - - ' ~ v' - . , . . . , . . _ . 3 7l ~~,I . . . , . _ . . ' ~ . ' _ _ 3~ - ~ togethet wifh alf and singuSar the tenements, herrditaments and appurtances there~nto belonging ot in anywise appertaini~~g ihere~o, and all rents, issua, -3 proc!~ds and prof~tt accr~ing and to aarue from said premises, all of which are includec~ In the above and fosegoing desuiption and fiabendum. TO HAVE AhD TO F!Q!D the above described and gianted premises ~nto fhe said MURTGAGEE, its successors and assigns forever. And tM satd ~ their IIAORTGA OR for heirs, executors, administrators and a~ssigns, hereby covenants with the said MORTGAGEE, it~ s~ccessori and auig~~, that --t~~ a~~ lawfvlty seized of the said p~emises in fge sirriple; that the same aro free, dear and diicharged from al! lient end encvrtr . - brances in Iaw or in equity, arsd that thel W;ii and the1T_ heirs shall warranf and defrnd the litle ta the same to fhe taid _ ~dORTGAGEE, its successors and assigns, forever against the lawful claims.ancf demands of ~11 persons; PROYIDED, ALYlAYB that if the R40RTGAGOR sFat4 ~ay vnto iha fAORTGAGfE ihe promissory note hereinbefore destribed and shall truly; promptly and fully perform, d:scharge, eaecvte, complese, comply with and abide by etch and every the •iipvlalions, ayreements, conditior~s and covenants of said - prom~ssory note and of this hlortgage, t}~en this ~dortg~ge and the Estate hereby creafed shaU ceaae and be null and void. - . tT {5 UNDER5i004 that the word "Mortgagor" whethe~ in the singuler or plurol anywhere in this hllortgage, shall~ be~singvta~ if one only and ~ shall be plurol jointly and severally if mflre than one, and that the word "their" at used artywhera in th9s Mortgage shall be taken to mtan "fii~," "fiers," A 1 - or "its;' wherever tht context so implies o~ admits. Alsa, that wherevet the+re is a reference in the sqvenants and agreemrnts herein contained to any of - ths parties her~to, the iame ihall be construed to mean as welf as ihe fieirs, legat representative:, s~ccessors and auigns (eitfier voluntary by sct of fhe ~ parties or involvntary by operation of th> law) of ihe same and tha: thr covenants herein contained shall bind and the benafits and advantases inure c~ - to the reipective hrirs, legal representatives, succesfors.and asrgns of the parties hereto. ~ 4 ; And said Mertgagors, for themselves and thsir heirs, legal representatives, svctessors sntf assigns, hereby joinNy and seve~ally cavenant snd agree ~ ~ - to and with the said MORTGAGEE, its successors and a3signs: . ~ 1. To pay all and sing~lar the prir+cipat and interest and the vario~s and sundry sums of mo~ey paysble by vittue of said promissory rate, snd this ~ ~ mongage, each arxi every, promp~ly on the days respectively the ssme severally be:ome due. v~,~ t, x _ 7o pay all and singular the tazes, aisessments, levies, liabilities, obl~g~tioni and encumbrances of every n~ture arxl kind now on •aid described property, a tF~t hereafter may be imposed, suEfered, placed, levied, or auessed therron, u tfiat hereafter may be levied w asstsied vpan thi~ AM1orty- f age, or the indebtedness secured hereby, each and every, when dve and payable, according to law, befarc they bccome delinqvent, snd-befare any tnteresl - ~ , attachex or any penafty is inc~rred; A~1D lNS+~FAR AS ANY IHEREOf IS Of RKORD THE SAME SHAtI BE PROMPTIY SATISFIED AND DISCHARGEd OF t . RECORU AND THE ORIGIt3AL OfflCiAl OOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfAtT{ON PAPER OFftGAilY ENDORSEO ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID /AORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in the event ~h.:t any thereof is net _ _ ~ paid, sat'sfied and discharged sa:d NIaRiGAGfE may at any tii.se pay the same or any part thereof without waiving or affecting any optio~, lien, equity or = .iqht vnder or by virtve ef this mortgage and the full amounr of each and every such payment shall be immediate(y doe and payabie and sfi~ll fxar interest . From th~ date thercof vnril paid at rate of nine per centum per annvm and sogether w~t~ such interest shall be secured by the lirn of th's morgtsQe. ~ _ _ _ _ _ - , _ _ - i . f