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Home My WebLink About2946 . . ~ ~ ~ 311_1.3fi ~ ~ THIS INDENTURE, Mada the 17t h_ da of June A.D. 19 7..`1-, bctween ~ Y Phili PearZ and B1 e V~P~arl, his wif~_ _ and Gary L. Pearl atrd b~~'-~+Pearl his wife_ _ of St . Lucie , Co~nty florida, hereinafiet deslgneted as Ihe "MORTGA and FIRST fE7ERAl SAVINGS AND IOAN ~:SSOCIATlON OF FORi PIERLE, a corporalion organized end exisring unde'r tho lew! of . tha Wii(fd StatQ~ of America and havi~~g it: principal plate of business in tne City of forl Pierce, St. lucie County, florida, hereinailer desi~nated as the "MORTG~1t'iE'E~ ; ~ WHEREAS Ihe /:10R1GAGOR i~ jusily indebttd to ~Fe h10RitiAGEE in Itw ~um of S ? 5 s b00• flood 'and lawi~l money oi the United 5tates advanced by the f,10RTGAGEE unto the /dOR(GAGOR, as evidr~ced by a certain proniissory•qote'o( even data herowith, of which the following in words and figures is a trua copy, to-wit: ~ ~ s 2 5. 600 00 No 10021409 Fort Pierca, florida, June 17,~ _~q~~ For value reteived, 1, u~s ot cither of us, pramise to pay, v~ithout defalcation, to the order of FIRST FEDERAI SAV1hGS At~D IOAN ASSOCIATION OF fORT PIERCE at Fort P~erce, Florida, ~he sum uf s_2S 6~0~~~ w;tl, intcrest irom date at Ihe rate of ~~~6 per annum, in monlhly instal!• • ments as fol'ows: 521~1-QO__ on the 20th day of ~~~L~.@Z2S~'~__., 19__2~2_ and a like svm on Ihe corresponding day of each month thete- ` after until Ihe -whote be fully paid. ' ~ Each installment first shall be appli~d in payment of the interest and then en tfie unpaid balance of the principal sum. If defaulf ia made in tha _ ~ payment of any install~nent when due, and such default conlinues 30 days, then at tl~a option of thr holder, and ~vithout any other nolice, all !he remaining insta~lments shall bc duc and payable at once. Pnvilege is 9iven to prepay this note in whole or in part at any time without penalty. Neither forebearance, . nor actepfance by the holder thereof aNer any default in any paymenls hrreon, shall be deemed extension. A Ia1e p~ymenf charge oi S-1Q-.S~ shall be added to each installment remaining unpaid 7 days after its due date, and a lile sum shall be added to each such installme~t remaining unpaid 7 days a(ter ' ~ each succeedir.g payment date. ~ Each maker, surely and endorsrr hereof, joinlly end severally, ~vaives demand, pres~ntment protest and notice of protest for nonpnyment, and further agrees to any extension of ti~ne of paymenl, either before or after maturiy, without notice to any of us; and to pay aU costs oF tollettion, including a ~ reasonable attomey's fer in the event of any de(ault hereunder, and hereby se~•erally waives all benefit of homestead and exemption under the conslitvtion i a~d laws of each State of tha United States, as against this obligation or any extension or renewal hereof. ~ tiY~tness the hand and seal of each party.~ - ~ _ ~ S/ Philip Pearl isEA~) , - S/ Blanche V. Pearl (SEAI) s . S/ Gary L. Pearl ~sEA~) t $38.40 ~ S/ Barbara G: Pearl ~5~~; { ) State Revenve Ql7~ic~sXDi~i~6iCX~[?f) . ~ NO~~, THEREFpRE, Ihe A50RTGAGOR for the purpose of securing payment of said sum of s z5+6~~.~~ , and the performance of the covenams and agreements hereinafter expressed, and for divers 9ood and valubble considerahons, by these preseMS, dces grant, bargain, sell, remise, , release, convey and confirm unto the MORiGAGEE, its sutcessors and assigns, all that certain lot, piete or partel of land, situate, lying, end being in the 1 Cwnty of St .'~-~.1Cle and State of Florida, described as follows: 1 . . f - - ~~a ~oa - o~~i- ~~/3 ~ ~ t~est 13 feet of Lot 26 and all Lot 27, Block 3, WAGI~BR SUBDIVISIOY as per ~ ' o~?~,la ?oo~- Ca'~o - l~oo1G, ` ~ plat thereof on file in Plat Booic 9, page 74 of the public recor s of St. . ~ ~ Lucie County, Florida . _ _ _ I 4 1 " _ ~ - - - ~ ! - _ - - - - - - - - F~~~j.~ 1:-- _ # S . _ _ ~s! ~ l . f-~ F,--~S~ ~'J-- ; ~ ' `s' A,ENY pR~ * ~ d ~ . ` a~v~±. vE ~:i ~ ~ - ~ f ~ ~~?T (~f KE ~ V'ti'~; ' f l 'iy - o~ ~ ~ ~L~25 ~ ~ ` c = j - - ~ - ~ P,3,2 - - RECENED 'Z ~ ~ _ .<<~, c~ l~~.=_ - IN PAYMENT ' DUE ON CLASS ~C iHTAMGIBLE PERSOHqI PROPERIY~ # _ ~ . ` . _ PURSUANT TO CHAPTER T1-134, aCTS OF 19/1. ROGER PORRAS ~J'f l ; _ ~ CLERK CIRCUIT CpJRT, Si. LtiCIE ~ ~ CO., FL.A. toget6er w~th all and sin~ular the tenements, hereditame~ts anti apportances there~nto belonging or in anywise appertaining thereto, and all reMS, issues, ~ procerds and profits accruing and to accrue from said premises, all of which are included in the above and fwegoing descript?on e~d habendum. " TO HAVE AND TO HOID the ab~ve described and granted premises unto the said MORTGAGEE, its successors and assigrts forever. And the taid MORTGA R for heirs, ezecuto:s, administrators and assigns, hereby covenants with t`~e said MORTGAGEE, its svttessort and assiynt, t~°ey are that lawfully seized of the said prem;ses in fee simple; that the same are ftee, clear and discharged from all tiens and encurtr Mances in law or in equity, and that they W~~I and t he lI heirs shall wsrrant and defend 1hE tit!e to the same to the said MORTGAGEE, its successors and assigns, forever against ihe lawfu: claims and demands of all peisons; PROVIDED, ALWAYS that if the MORiGAGOR shall pay vnto the MORTGAGfE the promissory nete hereinbefore describrd and ihall truly, promptly and f~ily perf6rm, d~schar9e, exec~te, complete, comply with and abide by each and every the stip~latians, agreements, conditions and covenants of said _ promissory note and of this hlortgage, then this Mortgage and the Estate hereby created shall cease and be null and void_ " IT IS UNDERS?OOD that the word "Mortgagor" whether in the singu~ar or plural anywhere in this Mortgage, :hall be singular if one only and ~yti shall be plvral joinlfy and severally if more thnn one, and that the word "their" as used anywhere in thit Mortgage shall be taken to mean '"his;' "hers;' ~,1~ or '~ts;' wherever the conte:t so impties or admits. Also, that wherever there is a refe~ence in the covenants and agreements herein tontained to any of the parfies hereto, the same shall be construed to mebn as'Y:~I! as the heirs, legal represe~tatives, successors and assigns (eithet voluntary by sct of the ~ . parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advanlages in~re to the respective heirs, legal representatives, wccessors a~id asrgns of the parties hereto. And said Mortgagots,. for themseh :s ancl their heirs, legal representatives, successors and assigns, hereby jointly and uverelly tovenant and aytee ~ to and with the said MORTGAGEE, irs succ•~sscrs and assigns: l. To pay aIl and singular the principal and interest and the variovs and aundry sums of money payable by virtue of said promissory note, snd thit - mortgage, each and every, prort:ptly on ihe days resFeciively the same severally becorne due. . 2. To pay a11 and singvla~ the taxes, assessm~nts, levies, liabilities, obligations and encumbrancei of every nature and kind now on said desuibed , properry, or that hereafter may be imposed, :uffered, placed, levied, or assessed thereon, w thal hereafter may be levied or assesstd vpo~ this Ma-ty- ~ sge, w the indebtedness secured hereby, each and every, whan due and F ~yable, according to law, before they become delinquenf, and before any interest ~ attaches or any penalty is incurred; AND INSOFAV AS ANY THEREOF IS nF RKORD 1HE SN:!E SHAIL BE PROMPTIY SATISfIED AND DISCNARGED Of ~ ~ RECORD AND THE ORIG1NAt OffIClAI DOCUMENT (SUCH AS, iOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENGORSED ~ ~ OR CERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAIU MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and discharged sa'd IAORTGAGEE may ai any time pay the same or any part thereof withaut waiving br-afi~~ting eny option, lien, equify or i •pfit vnder or by virtue of thEs mortgege and the full amovnt of each and every such payment shall be immediateiy due and pbyable and shall bear interest Erom the date thereof ~ntil ps~d at rate of nine per centum per annum and together w:th such interest shall be sec~red by ihe lien of th:s morytsQe.