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Home My WebLink About2399 i ~F ~ ; ~ 18th June A.D. 19~ZS, between THIS INDENTURE, Made tha _ day of _ ~ Wi~liam L. E3ai1~ and_Lois S. Railev; his ~r~g___....__ St Lucie ~ of ' ' Covnty Florida, hereinni~er desi~nat~d a~ ~he "MORTGAGOR," a~~d i~RST FEDERAI SAVINGS AND LOA!d ASSOCIATION OF fORT PIERCE, a corporatio~ organized and existing undt? Ihe laNS af the United Statas of America and ha:ing its principal ptate of f business in ~ha City oi fort Pierce, 5t. Lucia County, Florida, hereina(Ier designateJ as ?ha "MORiGAG[E:' • ~ WHEREAS Ihe h10RTGAGOR is justly indobted to Ihe MORTGAGEE in Ihe sum of ~.40 r 8OO . ~0 ~ood anJ lawf~! money of the United States advanc~d by the 1AORiGAGEE unto ~he h50k(GAGOR, as ovidenced by a certa~n promistory note of ~ver, date he~ewi~h, of which the followli~g in , words and fi u~es is a true copy, to•,~ii: ~ ~ 40 , 800 . 00 . ~011000327 Fort Pierce, florida, `TUn@ 18 ~ 19 75 For value rcccived, I, ~ve or eith~r of us, promise ?o a ~sithoW defaliation, Io ~he ordcr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Forl Pierca, Florida, Ihe sum uf S__4O ~~~0• v:~ti~ i~itc:cst (rom Jate af Ihe rate of 8•_?~ per annum, in monlhly install- menfs as fo1~~~,~:: S 336. ~0^_ on tha ~~th day of September_ , ~9.~~_ ard a like wm on Ihe correspond~ng day of each monlh there- after vnlil tiic ~vhote be iully {~aid. Each inst.~lln;en! first shall be appl~rd in pay~nent oi the interNSt anc! ti:c~i on the ~~zp~~d bnlance of tl:e prindpat sum. If default is made in the payment of any insral!ment whan dve, and such deiault continues 30 days, ihen at fhe o{~tion of the holder, and .vithovt any other nutice, all the remaining instal?n:en!s ahall b~ due and payah!e at once. Privil:gr is giv,;n lo prepay Ihis not~ in who!e or in part at any time without penalty. Neithtr (orebearance, - ~ nor accepfa+xe by the holdrr thereof after any default in any payments hereon, sh~(f b~ d•_emed extension. A late payment charge of S-l~$Qsfiall be ~ added to each instaliment remaining unpa~d 7~ays after its due date, and a I~k~ sum shaU he added to each such installmenl ramaining unpaid 7 days aher each succeeding payment date. Each maker, surety anti endorser hereof, jointly and severally, w•arves demard, pr:sentmem protCSt and notice,of protest for nonpnymenf, and (urther ~ agrees to any extenvon oF tirne oi p~yment, ei!}•er bafore or aNer maturity, v:ithout not~ce to an~ of us; and to pay all costs o~ colleclion, induding a . reasonable auo:ney's fer in rhe ev~m oi any d~fa~'.~ hsreundor, a~~d hereby seve~ally waives all beneFit of homestrad and ezemption under Ihe constitution ~ and lav:s oE each State cf thc United States, as ayainst this obligation or any e~ctension or ~enewal he~eof. _ ~ Wilr.ess ~he hand and seal oF each parry. t 1'ik C~ ~C n~ William L. Bailey (SEAL) ' • ' • (SEAL) ~ • • .M a d1 ey (SEAt) b 1. 20 ~ . . cs~t) (~_~-_--J State Revenue : . ~ ~'~~uX.~xc~4~2i.Jk~X?~2~7~jX~~JfeyC~C - . . _ ~ NO'N, THERFFORE, the 1450RTGAGOR for the purpose of secvring payment of said sum of S 4O , 8~ • ~0 , and the performance of Ihe covenants aiid agreements hereina(ter expressed, and for divers ac~1 and valuable cons~derations, by Ihese p~esents, dces grant, bargain, sell, remise, releasa, convey ard confirm unto the raORTGAGEE, its svccessors and assigns, all that certain lot, piece or parcel of land, sitvate, lying, and being in the ~ - County of St . j''uCi@ = , and State of Ftorida, described as follow~: . ( ~ ~Lot 33, RIVER OAK ESTATES,.as per plat thereof recorded in Plat Book 16, Page ~ 5 of Public -R~cords of St. Lucie County, Florid;:. ~ ~ : . - ~S~~D- ~6~ - o~ .3 ~ - D~-~/~ _ _ - ~ . - - ~ . _ . ~ - - ~ r=~ - - ~ . ' . . - Q t h.;: ~ - ~~5,~~~.-- . ~ . . - - - _ ~ : . o. - ~C E R , ~ ~ ~ - - A~ N A 6 ^ - - - " -r r V - ' ~ ~ GU~'%` Ev~-N _ - a•~ ~ QF ~ i7~: . ~ ~ p~4 . ~ ~yti2~ _ ~ / _ ~ Z . ~ ~ ` - - i i. n- c" ~~~.2 6~ _ x ~ ~ RECEtVED IN PAIMENT OF TAXES ~ DUE ON Cl11SS'C' INIANGlBLE PERSONAL PRO?ERfY, - ~ - PURSUANT TO CHAPTER 71-134. AC1S OF 1911.~l~~- ~ _ f~OCFA PaiAJ15 ~ - G1.ERK CiRCUIT COURT, ST. L11CIE C0, FlA ; t - - ' . _ ' ~ ~ _ ~ f _ ~ t - _ together with alI and singu!ar the t~nements, hered~taments and appurlances there~nto belonging o~ in anywise appertaining thereto, and all renis, iss~es, proceeds and prof~ts accruing and ~o accrue f~em said prem;ses, all of which are included in the above and foregoing d~scription and habertd~m. TO HAVE AN O HOID fhe above descr~bed and granted premises Jnto thz said MORTGAGEE, its successors and assigns forever.-- And fhe sald ~ °~~eir - tAORTGAGOR for heirs, executors, administrators_ and assigns, hereby covenanti with the said MORTGAGEE, it~ successors and et~iyns, tbat _thC''y are__ ,a~,f,,,iy se+zed of the said prem~ses in fee ~imple; that the same art free, clear and discharged from all liens and encvrt?- brances in lav~ or in equ~ty, and that-they _ v~ill and their heirs shall warrant and defend the title to the same to the said WO h50RTGAG:E, its successors and ~ssigns, forever against ihe lawful ctaims and demacxJs of all petsons; _ ~ - . o~o ~ PROVIDED, AIYJAYS t{iat if the MURTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed and shall truly, promptly , and ~ully perform, d~scharge, execute, comp!ete, comply with and abide by each a:id every the stipulations, agreemenfs, conditions and tovenanti of said ~j prnm~ssory note and ot this INortgage, then this Mortgage and the Estate hereby created shall cease and be nvll and void. ~ IT IS UNDERSTOOD fhat the word "Mortgagor" wheiher in the singular or plural anywhere in this !'Aorlgage, shall be singvlat if one only and `.r~ shatl be plural jointly and severolly if more tfian one, and thal the word "thc~r" as used anywhere in thit Mortgage shall be taken to mean "his;' "hers;' or "its;' wherever the conteat so implies or admits. Also, that wherever there is a reference in the covs~ants ard agreements herein contained to any of ~ the parties hereto, the same shall be construed ro mean as well as the heirs, legal representatives, svccessors and assigns (eilhet voluntary by ad of the *n ~ partie: or involuntary by operation of the law) of the same and that the covenants herein contained shall birtd and ihe benefits and advantages inure ~ to the respecti~e heirs, legal representatives, successors and ass'gns of the parties hereto. ~ ~ ~ And said Mortgagors, for themselv:s a~d . their heirs, ~egal represe~tatives, svccessors and assigns, hereby joinily ~and xverolly covenant and agree to and with tl~e said MORTGAGEE, its s~c,essors and assigns: ~ - 1. To pay all and singular the prirxipal and interest and the various and s~ndry sums of money payable by virive of said promissory note, and ihit mortgage, each and every, promptly on the days respectively the same severally be~ome dva _ 4. To pay all and ~ingular the taxes, assessments, levies, liabilities, obligations and encumbrantes of every nature and kind now on said desuibed _ prooerty, or that hereafter may be impoted, suffered, placed, levied, or-assesstd thereon, or that hereafter may be levied or assesstd vpon this Mortg= age, or the indebtedness secured hereby, each and every, when due a~d payable, according to law, before they besome delinqve~t, ar.d before any in~eres~ atfathes or any penalty is inturred; ANI? INSOFAR AS ANY THEREOF IS Of RKORD THE SAhAE SHAII BE P40MPiLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGiNAt OFFICIAL DOCUME~~T (SUC1i AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIOM PAPER`UffIC1AlLY ENDORSED ~ OR CERTIFIED) SHAII SE PLACED ItJ THE HANDS OF SAID IAORTGAGEE WITHIN TEfJ CAYS NcXT AFTEft PAYMENT; and in the eve~l that any ihereof it not paid, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereoF without waivi~g or affeding any option, lien, eqvity or ri~ht vnder or by virtue of this mo:tgage and the full amount of each and every such payment sfiafl be immediately due and payab!e and shall bttar interest ~rom Ihe date thereof un1il paid at rate o.f nine per centum per annum and together w~th s~ch ~Ierest shall be sec~red by the (ien of th:s morgta9e.