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Home My WebLink About2934 1 , , . 31~3Q . ~ ~ ~ ; ; ' i t THIS INDENTURE, Made the~^I8t-il_--- day of 8-~ , A.D. 19 7 S, between _ ' Law renc~~v l~o r~._ ~n~~~~i~l$.r^__~~ of _ ?S~ . L~te ie . County florida, hereir.a(ter designnle~ as~ the ."MORTSl~G9R.':~and FIRST fEDfRAI SAVINGS ANfl IOAN ASSOCIATION OF FORT PIE~:E, a corporation organized and exlsting under 1he laws di tha UnJ?ed StatQS of America and having it• p~incipnl place of busineis fn tha City of Fort Pierca, St. l~cie County, fiorldn, herelna(ter de:ignate~ es the "MOP.TCrAGEE." ~ 14 •20U 00 ~ WHEREAS Iha l~10RTGAGOR is justiy indebted to the A10RTGAGEE in ihe suM of ~ a' flood and tawf~l money of the United States advanced by the t110RTGAGEE unto tha h10RTGAGOR, as evidenced Ly a cer~a~n promissory noFe of even date herewilh, o( which tho following in ~ ~ I.'• , n O yu. O!s a truu coPY, to-wi~: No ,-F G ~ 10021410 , ' Forl :`ierce. Florida, Jun~ ~ $ 19Z,~ For val~e received, 1, ~va or cithEr of us, promise fo~ pnay, without defaltat~on, to the order of FIRST FEUERAL S~AVInGS AND IOAN ASSOCIATION OF ; FC?T PIERCE at Fort PieLrce, Florida, the svm of S__14~ rQ~_QQ-_- with iMerest from date at 1he rata of SZt.L.~P,o pet annum, in monthly inslall• ~ ments as follows: s~~ V• 00 _ on the 2~tt1 day of `Tulv ~q -_7S and a like svm on the corresponding day of ea.h month fhere- ~ after until the whole be fully paid. - Each installment first shall be applied in paymeM ef the inreresl and tl,en on Ihe unpa~d balance of the prinupal sum. If default is made in the ~ payment of any install~nent when due, and such default conl7nues 30 day:, then at the option of the holder, and without any ather nolice, all the remaining installments shall Le due and payabto at once. Privilege is given to prepay this note in whole or in part at any tima without penalty. Neither for~ebearance, . nor accegtance by the holder thereof afler any default in any payments hereon, shall be deemed eztension. A late payment charge of S--! shall be add:d io each installme~f remaining unpaid 7 days afler its due date, and a li?:e sum shall be added to each suth installment remaining unpaid 7 days after each s~cceeding payment date. ~ Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentrnent ptotest and notice of ptotest for nonpayment, and furiher egrees to any extension of t~me oi payment, e~ther before or a(ter maturity, without ~otice to any of ~s; and to pay all costs of colleaion, indv~ing a reasonab:e attorney's fee in the evenl of any default hereunder, and hereby.seve~atly v~aives all benefit of homestead and exempiion under the constitulion and la•.vs of each S~ate of Ihe United Srates, as against this obligation or any ex~ension or renewal hereof. _ Witness the hand and seal of each party. Lawrence Lla,y io~_ inQ~s~ai~ - - ~ . adult (SEAL) ~ . • (SEAI) - . 21. 3 0 (s~~~ ) State Revenue ~ (5tamprcenetMedt~et e~igfiel ~nert~ . - ' NOVV, THEREFORE, thc MORTGAGOR for the purpose of sec~ring payment of said sum-of s ~~L ~ 2~~ _ n~ ; and ihe performance of the tovenants and agreements hereinafter expressed, and fo~ divers good rnd valvable c~nsiderations, by these presents, dces grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lol, piece or parcel of land, situate, lying, and being in the : County of S~ . Lue ie , and State of Florida, described as follows: - - a ~o ~ - ~ o a - ooo,~ - ooa~~ - - S 0 ~ESTATES UNIT TWO. Subdivision as er lat th-ereof Lot 2, BAY H RE , . , P P recorded in Plat Book 14, page 25, St. Lucie County, Florida, Public - . - Records . - - ~ , "~C~ 1 - ~ - ~p~ Q _ ~ ~ . . ~ ~ _ ~ St P/'' - - ~ - - _ ' . ~ o C~~,A N P~~{:r ~ 3 ~ , _ . - . . " . . . ~ - ~ 1~~~. i~ c~ -,~L~~~ ° ~ . ~,1 a~ ~~0~ ~ ;t12'~ t~~y ' . J p ~ l / _ ' L ~ . ~ ~ f•~• ' ~ ' . ~ " ~ ' - ~ ~''~Jry - ' ~p . . . - ~ o ~ _ ~UE pry ~ ~4 • ~ _ - - . . ~C' INT ~N. PAYME/yr ; ' ~~T TO CHApiER 71 13~ pE!tSpNq1 F!{pp ~ ~ ~ - . ~RK CIRGIIT~~ ~iRAS~CTS OF 1871. ~,l - _ _ _ . _ °°uar~ sr. Atrc~ p~ ~ a.< c~ ~ ~ ~ together wtth all and singutar the tznements, hered~taments and appurlances thereunto belonging or in anywise appertaining thereto, and all rents, issves, F prxeeds and prof~rs acc[uir~g and to accrue from said premises, all of which are included in the above ~nd toregoing dtsuiption and habendum. e. TO HAVE AND TO HOID the above desuibed and graMed premises unto fhe said MORTGAGEE, ils successors and assigns forever. And ths said r MORiGAGOR fw ~h~.ir ne~«, executors, adminisrrators and ass~gns, hereby covenants with the ssid M(~RiGAGEE, its ivccesiori and auigns,_ k lawfully seized af the said premises in fee simple; that the same are free, dear and discharged from all liens and encvrtr that -t~=-are-- r - t" brances in law or in equity, and that t PY will and t'he~ heirs shall warrant and defend the tide to the tame to the said ! MORTGAGEE, its svccessors and assigns, forever against the lawful claims and demands of all persons; _ c. PROVIDED, AIY~AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisiory note here~nbefore described and shall truly, promptly _ an~ fulty perform, d~scharge, execute, complete, comply with and abide by each and every ihe stip~lati~ns, agreements, conditions nnd covenants of said = promissory note and of this Mortgage, then this Mortgage and the Estate. hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Morlgagor" wfiether in fhe singular or plvral anywhere in ihis Mortgage, shall be •ingular. if oru only and Cc~= r shnll be plurol joiMly and severally if more than one, nnd that the word "their° as used anywhere in this Mwtgage shall be taken to mean "hii;' "hers," o~ or "its;' wherever the conlext so implies or admits. Also, that wherever there is a reference in the covenanls and agreements herein tontained to sny of ~ - the parties he~eto, the same shall be construed to mean as well as the heirt, legal representatives, successors and assigns (eifhtr volunlary by act af the ~ = parties oi involunlary._by operation of the Iaw) of the same and that the covenants heroin conta:ned shall bind and the benefits and advantagef inure ~ to the respective heirs, (egal represen?atives, successors and ass'gns of the parties hereto. Q- And said Mortgagors, for themselves and their heirs, legal representatives, successots and assigns, hereby joinily and severally covenant ~nd agree - _ to and with the said MORTGAGEE, its svccessors and assigns: - . A - c~ - 1. To pay all and singular the principat and interest and the variovs and sundry s~ms of mortey payable by virtve of said promissory note, and thif 'T ~ mott9age, each and every, promptly on the days respectivefy the same severally become dva ~r~ 2. To pay all and singular the taxes, as}essments, levies, liabitities, obligations and enarmbrancet of_ every ~ature and ki~d now on said desuibed V~/ ~ property, or thaf hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied or assessed upon thi3 Nkxty- ~ ~ age, w the indebiedness sec~red hereby, each and every, when due and payab!e, according !o law, befwe they become delinqvent, and before any inferes~ `r~~ atrzches or any penalty is incvrred; A:VD IHSOFAR AS ANY THEREOF IS OF RECORD THE SAINE SHAII BE PROMPTIY SATISfIED ANp pISCHARGEO OF ~ RECORD AND THE ORIGIt~AI OFFICIAL DOCUMEtJT (SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALtY ENDORSED OR CERTIFIEO; SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thertof is not paid, sat'sfied and discharged sa:d 1~IORTGAGEE may at any time pay the same or any parl Ihereof withovt waiving or affeclirtg a~y option, lien, eq~ity or riqht under or by virtue of this mortgage and the full arrtount of each and every sucf. payment shall be immediately d~e and payabte snd sha11 bear intertst From the date thereof until paid at raTe of n:ne per centvm per ann~m and together wirh such interest shall be setured by the lien of th:s morgtspe.