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Home My WebLink About1342 . , ~ ~ . ~ ~U~;93~ ~ ; THIS INOENTURE, Msde tho_ 12th _ day ef ____...,T_ ~1ay A.D. 19?5 between P Leaminc,~ ~nci Rrenc~a. ~Q. Leaminna hic q i Ec ~ ~ter N. , --_'__-'r'T~-~'~~ e tT . _ ~ _ - ~ ~ p( t. ~UC 1~ County FFeri~~, herrinat~er des~gnated as the "ldO4TGAGOR," and FIRST FEUFRAI S~IVINGS kND IOAN e ASSOCIATION OF FORT PIERCE, a ea:poraiion organi:ed and exitGny under rhe lav~s oF tha Untted S~atas ot Amorice and having llt pr+ncipal piete of ~ b~3iness in Ihe fity of For1 Pierce, St. lvcie Co~nty, florida,•hereinafter dssignateci as tha "MORTGAG~E." ~ `JVHEREAS the h10RTGAGOR is justly indebred to the h10RTGAGEE in thz sum of S J ~LO00 • 00 , 9ood and lawiul mon~y o( ihe Un~ted ~ Sfates edvanced by the htQRIGAGEE umo the ri50RiGAGUR, as evidtnced by a cenain promissory notr eF even date herewith, of ~vhich ~he iollowing in words and figures is a trva topy, Io-wit: . ' a 30 000 .00 ~0 10021339 ! # ~ - fo~t Pierce, flaida, r1a''~ 1'? -19 - . For value reczived, I, we or either of vs, promise to pay, v:ithout defalc~Non, t~ th~ order of FIRST FEDERAL Sr1VING5 AND IOAN ASSOCIATION OF ~ FORT PIERCE at_Fort Piarce, Florida, the s~lm af S 301000.0~_ Y,,i~, ;nte~est From date al the rate of 8 o?So per ann~m, in monthly install• ! ments as fo!low~: S26f1 :OO--_ on ?he _2(~th day of `~une-__~. 1R 75_ and a like wm on the corresponding d~y of each month ~here- ' t aher w~?if the whole be fully paid. - - . Eacte instnllmznt first sh~ll be applizd in paymenl o( the interest and t}:e~i on fiie unpaiu Laianca `vf ti~a pr~:.~:p3! t~ 1f default is made in th9 i paymenf of any instaitment when dua, and such datauU tominves 30 days, then at tha ~ption t,f thz holder, and without any ather notice, all the remaining ' instaltrt:ents shatl be due and payable at once. P~ivilege ii givan lo prepay this note in whvle or tn part at any t:me w+t?:oul penalty. . Neithe~ forebearence, no~ acceptance by Ihe holder thereat after- eny defau{t in any payments hereon, shali be Jeemed extension. A lale payment charge of S 13. 3~ shall be added to ~each insta}Imer.t rQmaining unpa~d 7 days after its due date, and s t:ke sum shnll be added to each such insta!In•zN remainin~ unpaid 7 days after eath s~cceeding payment date. _ _ - Ea<h maker, sure?y and endorser hereof, joinily and sev.rally, vvaives c'emand, presentment protest ano notite of prutest for nonpayment, a~d furthe~ agrees to any extens~on of t~~ce of pay~nent, either before or afler maturity, without notice to any of ~s; and to pay a~l cests of collection, includfn~ a t reasonzble attorney's fee in Iha event oi any defau!t hereunder, and hereby severalty .vaives ali be~efit of homeslead and exemptio~ under the constitution and laws of each Statc of the Unitad States, as egainsl Ihis obligation or any exrensEon o: renevial hcreof. ' - Wilness tha hand and seal of each party. - _ ~ - . : ~ . , . , ~ S~P@ttcr ~T. i.ea~ming tsea~) - . . - _ . ' . (SfAI) - , _ , s/Srenda E. ~ Leaming (SEAI) - c45.00 - - . - ~sEni) ( ) State Revenue ~ ~9TriCpT 2an~eRed ocigi.~aL t+ose~ - - - - NOW, TNERFFORE, the 610RTGAGOR for the purpose.of sec~ring payment of said sum of S 30 ~~~Q and fhe performartce of the covenants and agreements hereinafter expressed, and for divers good and valuab!e con~iderations, by these preser.ts, dces grant, bargain, sell, remise, • r release, c~nvey and confirm unto the htdRiGAGEE, its euccessors and assigos, aN thai certain tot, piece or parcel of land, situate, lying, and being in the ~ - Covnty of St.. Luc ie and State of floridc, de~cribed a~ (ollows: ' ~ Lot 3, Rlock 167, LAKEt~'OOD PAR[~,. t,~IT #12-A; as per plat thereof recorded in ~ . Plat Rook 11, pages ~35~ 36, and 37, of the PuUlic. Records of St: Lu~ie County, ~o~ - ~ - doo y =aoo/3 ~rlorida, _ - - f~~ - - - _ ~ ~~~1~1 - - . . - _ ~ t N,~ ~ : _ - _ _ ~ ~ D ` ~ ~ - ' . i~~~~%s f{~~'J ~ _ ~ _ - - - ~ ~ ~ ~~}N e.~~j " ~ ~ _ _ . - ~ - . ~ r Q ~ - 5 ~-s.:_ j j''. . _ - . i ~ _ - = LT ~ J;~.c~-°i..;;;:~1' ~ ;J _ , - - D 1N PA~ - _ ; - ~ m - ~ Pg : _ RECEtYEQ 'C 11iTA~'~IBtE lER~ONI~L p1~ ` ~ y~. .i'- WE ON Cl~SS ~fS Of 1911. ~l i cfi._. r. - 71•134. 1 _ f~•.. . - - ~ . ~ _ - . p{~SUl1~R 1'0 qMPTER ~ITRAS i _ - _ ' _ . C~~ ppUR7. ST. Ll1C1E CO-. - F1A - - ; to~eti:er with all and singular the tenements, hereditame~ts and appurtances thereuMo betonging o? in anwvise appertaining therero, artd all ?ents, issves~r% - precetds and prefits accruing anci io accroe from said premi.es, aft of which are incledPd in the above and foregoing description and habend~m. - TO HAVE AND -TO HQID the above destribed and granted prem~ses unto .dhe said MORTGAGEE, its :vccessors and assigns forever. Md the said - their - MORTGEIGOR for heirs, executas, ad~ninistrators an~ assigns, ~ereby covenants with the s~id MOP.TGAGEE, itt successars and ststyns, they are that lawfully seized of the said premises in fee simple; that the same are iree, clear an~ discharged from ail liens snd encvrrr ~ hrances in !aw or in equity, and that they ~ w;i~ a,~d their he7rs shall warrant and defend the title to tho same to the sald 14MORtGAGEE, its s~c:essors and assigns, forever against the lawful daims and demands of all personi; . ' . ~j ` PROVIDED, ALWAYS th~t if tne MORTGAGOR shall pay unto the MORTGAGEE the promissory note hrroinkKfote described ar.d shall truly, promptly - and fully perform, discharge, execvte, complete, comply with and abide by each and every the stipvlations, agreements, wnditioni and tovenants of uid _ prom:ssory note and of this Mortgage, fhen this Mortgage and the Estate hereby created ihnll cease ~nd b= null snd void. ~ li IS UNDERSTOOD thnt the word "Mortgagor" whether in the singvlar or pbra! anywhere irt this Matgage, ahall be singvtar if ~ont only and d~ ~ shal) be plural joinlly end severally if more than one, arsd ~hat the vrord "their" as used anywhcre in this Mortgage sfiall be t~ken to mesn "his;' "lien," ~x - ` or "its;' v+herever the.context so implies or admits. Alsa, that wherever there is a reference in the covenantt and agreements herein contained to bny of the parties hereso, the same shall be wnstrued to mean as -rrell as the heirs, legal representafir•es, ivccessora and assigns (either voluntary by ad af the . parties or involuntary by operation of the law) ef the sa,ne a~ that the coveoants herein contained shall bind and the benefiti and sdvsntsyes inurt to 9he _~espactivP keirs, :rg~t represen!atives, succes:ors and ass'qn: af tne parties hereta And sa?d Mortgagors, for themselves and ?heir hein, tegal representative:, successors and assigns, hereby jointiy and xveraliy covenant and ~yree fo and with the said MORTGAGEE, its successors aod assigns: ' _ ~ _ - ' 1. To pay sll anc! sir~gutar !he principal and interest a~d the various and sundry_sums of money payat~le by virtue of snid promissory note, and this _~j mortgage, eash and ever~, psomptty an she days_ respettively the same _severally bvcome due. . 2. To pay a!I and singular the tixes, asseuments, lev:es, liabi~ities, oWigations and encumbrsrxes of every r.atare and kind now on said dexribed _ x ~y - property, or that ixreatter may be imposed, s~ffered, placed, lavied, or auessed therecn, or that hrreafter may be levitd or sisecsed vpw~ this llRortg- - ~ age, a the indebtedness srcur-d he~eby, each an~ every, whe~`due and payabls, atcording to law, before they become delinqvent, s~d befwe any intarest ' attaches or any penalty is irxurred; AND tNSOFAR AS AyY Ti1EREOF IS OF RECORD THE SAME SHAIi ~ BE PROMPTIY SATISFIED AN~ DISCNARGEO OF RECORD AND THE ORIG{NAL OFFICIAI DOCUMENT (SUCH AS, fJR INSTAN~E,- THE TAX RECEIPT OR THE SATISFACTION ~PAPFR OFFiCIAIIY EN70RSED , OR CERTIFIED) SHAII BE PLACED ~N THE NANDS bf SRI~ MORTGAGEE lN1THIN TEN OAYS (~EXT AFTER PAYMENT; and in 1he event that tny. thereof is not paid, saCsfiEd ~nd discharged sa:d MORTGAGEE~ may a! sny tim4 pay the samt or any part thereof without waiving or affeding any option, -1irn, equity or ~ •iqht vnder or L,- virtve of this mortgt~e and the to!1 amovnt of each and every sv_h paymenf shall be immediately dve end psyable and ?hall bear intetest ~ _ t~om the date thereof until paid at ~ate af nine per centum per annum and together vrith zuth interest shall b= secured by the lien of th:s mw9taQe. - _ t - 1 ; I i