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Home My WebLink About2364 . (r , ~ S: + ' . • ~ a,1~,'~7L~S~ THIS INDENTURE, Made the 20th_ day of ~ Ma~' A.D. 147~ betweea R Alpfieus Forbes and Ide~la Rorbes~ his wife ~ oF S~ : LLiCIe Counfy Florida, her~inaher dz3~7nateJ as the "h10RTG~IGQR." and FIRST FEDERAL 5!t`:I`1GS ANO IQAN ASSOCIATION OF fORi PIERtE, a cotporatEon organized and exislir.g under the la•.vs of,the United Statos of Amerita and havinp itt principal' place of bvsiness in the City of forl Pier<e, $1, l~c~e County, Florida, hereinattar designarad`t~ ~ha "h1nRTGAGEE:' ~ WHEREAS the MOItTGAGOR is jus~(y indebted to thc MORTGAGEE in the sum of 601000.~~ ~ood and Iawful money of the United Stafes adranced by the h10RiGAGEE unt~ the htOkfGAGOR, as evidenced by a cana:n pron~isiory nole of evt~ dale herewilh, of v~Fich the following (n ~vords anc~ fiyures ~s a truc copy, to-.vit: S 60 • Q00 . 00 ' . ' ~ No 10021358 Fort Pierce, florida, C~'y 2O3 19-?~ fur val~e retaivrd, 1, xe or either of us, prom~s~ to pay, without defa'cation, to the o~der ef fIRS~ FEDERAI SAVING$ AND IOAN ASSOCIATION OF FORT FIERCE at Fert Pierte, fforida, tha svm of 6~.s0O0-+0~_-__ ~.;;~t~ ~ntrrest (rorn date a~ the rafe of 8!75o per annvm, in moNhly install- ments as toi~o::s: 5_ 494.00___ on 1hz _?Otll ~~y of Septec~ber_. ~975._ and a lika sum on !he corresponding day of e3ch moMh there- ' after until the ~~ho!e be iully paid. . . • ` _ Each installment tirst shall be appGad in paymenf of tho interes~ and tf,en on the unpaid balance of tha principal sum. If deiault ts made in the payment of any instaflment ~vhen due, and such default contiizues 30 days, then at ihe opt~on of the hoider, ar.d without any other notice, all Ihe remaininy installments shrll ba due and payab?e at once. Privitege is gi~en lo prepay this natc ~n who!e ot in pa:t a1 any t~me without pe~alty. t~leither forebearante, nor acceptance by tha ho!d~r ~hereof atter any default in any F~aynienls hereon, shali be deemed extens;on. A late payment charge of 524~?~ shall be added to each instal{ment remair.ing unpaid 7 days after its due da:e, and a tiAe sum shall be added to each wch installmant remaining unpaid 7 days after each succeeding payn:ent date. - Each n,aker, surety anci enderser h.:reof, jointly and severafly, ~vaives Jemai~d, presentment protest and rotice of protest tor noopayment, and further agrees to any extension of time of paymenf, eitner 6afore or aftrr maturity, without nolite to any of us; and to pay all costs of collection, indud~ng a - rrasonable aitorney's fea in the event of any dzfault hereunder, and hereby se:erat?y ~vaives ati bene(~t of homestead and exemption under the constit~tion _ and laws of zach Sfate oF tf.e Unised St~!es, as against this o~ligation or any extension or renewal he:eof. - Witness the hand and seat of each ~arty. _ ~ 5/ Alpheus Forbes ($EAL) ' (SEAL) . . S~ Idella FO~~@S (SEAL) _ ' ~ ' ~ (SEAL) : ( '~0! 0O J State Revenve . NOW, THEREFORE, the AlORTGAG~R fo~ :he purpose of sec~ring payment of sr~d sum of 3 60+~~~• 00 , and the performance of the covenants and agreements hereina(rer expressed, ~nd for divers goud and valuab!e cc~s;derations, by these presents, dces grant,' bargain, setl, remise, retease, convey and conf' r~ unt Ihe lti'ORTGAGfE, its successors and assigns, atl that certain lot, piece or parcel of land, situete, lying, and being in the - ~L . ~C1@ ' . County oF _ , and State of florida, described as follows: . ~ l.ots 1~3, 19, 20, and ock I, HARDiONY HEIG}iTS ADDITION, as per plat - thereof on file in P1 ok f3,• page 38 of the public records ~f St. Lucie County, Florida ~ ~~3~V 7~~~ ~~y`s ~~~~/7 - /y3/ - ~Di -o!`t~ ooo~j f - - > ~ ~ ~ ~ .t i i'~~~ = ~ ~ ~ , ~Nj oE ~ R~S ` ~ S ~ M = - i G'F ~~=r-!~ Q, Q~ 1 ~N QASptUS Q~j1, ` ' . ~ ~~S . ~ ~ ~ ~ v NG~`~ Q~ ~~S o~ ~g ' ~1'+ . ~h~P ~.1~, ~,A~ ~ ~ ti`~~'t` i~~ ~s••~ ~ f ~ - ~,~t~ '~wp ,.~G cs ~~4'~ 'J.~-~ :k~i2?~~~~~_f~~• EI~~ON~OCtw~~yl~ ~5~~11~`~~ . r _ ,r Ci: / ~ . - c~=t - - " - - - - ~O J~ F°,,, ~ ~~J~~ C'~~ r ~ . r~ r'~ f-` - - C' - - i" . ~ i . _ - / - . . ~ - t" G' , - _ ~ - together with a~l ar,d sir.gular the tenements, hereditamrnts and appurlarces thereu~to belonging or in anywise appertaining ihereto, and all rents, iswes, - proceeds and profits accr~ing and to eccrue from said premises, all of which are included in tFx above and foregoing desuiption and habendvm. ~ TO iiAVE AND TO HOLD the above descr~btd and granted premises unto ihe said MORTGAGEE, its successors and assigns forever. And the uid ° MORTGAG02 for -the lY----_- hei.s, executors, admini:trators ar.d assigns, hereby covenants with fhe said MORTGElGEE, its s~ccessors and auig~t, that - t he-Y-~L~-- Iawfully se~zed of the said premises in fee simple; that the same are iree, clear and discharged from all liens and enc~m- brantes ~n law or in equity, and that they - W~~~ a~d their heirs shall warranl and defend the tifle to the same to the said MORiGAGEE, its soaessors ar.d assigr.s, (orever against the lawful claims ar,d demands of all persons; - ' . PROVI~ED, ALY~AYS Ihal if ihe MORTGAGOR shaff pay unto th~ MORTGAGEE the promissofy note here~nbefwe dewibad and shali truly, promptly a~d fu11y perfurm, d:scharge, execute, comp!ete, compty wi~h and abide by each end every the stiputations, agreements, cortditions snd covenants of ~aid ' promtsswy note anfi of th7s Mortgage, then this /Ao;tgage and the Estate hereby created shall cease and bz null and voed. ' ` IT IS UNDERSTOOD that Ihe word °Mortgagor" whether in the singular or plvral anywhere in this Mortgage, shall be singular if one only and shatl be plural jointly and severally if more than one, and that ihe word "their" as vted anywhere in th~s Mortgage shall be taken to mean "his;' "hers;' or "its;' wherever the context ~o i:np!ies or admits. Also, that-wherever ihere ~s a reference in the covenants and agrcements herein contained to any of the parties hereto, the same shall be constrved to mean as well as tFw heirs, legal representatives, svccessors and assigns (eithrr voluntsry by act of the _ - parties or involuMary by oplrotion of !he law) of the same ar.d that the covenants herein coMained shall bind and the ber_fits and advantages invre~ to the respective heirs, lega! representatives, suzcessors and assgns of the parties hereto. ~ - , And said Morfgagors, for themsefves and their heirs, legal represeotatives,-avccessors and assi9ns, hereby jointly rnd uverslly covenant and sgrefM ~ to and with the said hM1ORTGAGEE, its svccessors and assigns: r ~ ' ' j s l. To pay all and singular the principal and interest and the various and sundry svms of money payable by virtue of said promissory noTe, and this = morfgage, each and every, promptly on ths days _respectively the same severally become doe. , 4~ Y~ 2. To pay all and singular the ta:es, nssessmtnts, levies, liabilities: obl~galions and encvmbrances of every nature and kind now an said described ~ properry, ~r that hereafter m~y be imposed, s~ffered, plated, levied, or assessed thereon, a thst hereafter may be levied or assessed ~Qon this N1ort~~ 3 age, cx the ~ndebtedness secured hereby, each and every-, when due and payabte, according to law, before they betome delinquent, and before any intere~ attaches or any per.~lty iz inc~rred; AND INSOFAR AS ANY iHEQEOf IS OF RKORD THE SAIAE SHAII BE PROMPTLY SATI5fIE0 AND DISCHARCaED REGORD AND THE ORIGIhAI OFFt~IAI DOCUMENT (SUCH PS, ftlR IN57ANCE, THE TAX REtEIPT OR THE SATISfACT10M PAPER OFfIC1At~Y EN~JORSE OR CERTIFIED) SHRII BE PLACED If: THE HANDS Of SAIO I~IORTGAGEE WITHIN TEN DAYS N'cXT AFi~ER PAYMENT; and in the event that any thereof is nC~q paid, satsfied and d~S.harged sa'd lAORTGAGEE may at any Gme pay the same o~. any part thereof without waiving or affecting any option, lien, eqoity ~c •iqht ~nder or by virtue of this moitgage and the full amount of each and every s~ch payment shall be immtdiately due and payable and :hall bear interest ; ~~om the date thereof until paid at rate of n;ne per centum per anr.um and together w~th such interest sha11 be secured by the litn of Ih:i morglage. ~ _ • - - - _ - ~ _ ~ ~ 3 1