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Home My WebLink About0126 .I.~~~c,~~?~l t ) TH~S INOENIURE, lV:ade ihe ~ tr Janu~r~' _ _ E`E' ~ ~ day of A.D. 19 , hetween JoseFh Bowie anc~ Glaire B~w~P j~i a wi fe _ _ of _ St.. Lue3 e County Floride, hereinaift? deslgnated as the "A10RiGAGOR," and Fi~2~f FEDERAI SAVItvGS ANU IOAN ASSOCIATION OF fORT PIERCE, a corporotion organized and exisling under the (~ws of ihe Unifed 5raros of Amrrna and having its principai piate of business in the City of Fort Pierca, St. Lucie County, Florida, hereinafter designated as the ' M RiGAGEE." WHEREAS the h10P.TGAGOR is ju~tiy indebted to the MORTGAGEE in iha sum of f 1~~ ~~t~-__, .,-ood rnd lawiul money c~f thc Un~ted States advanced by tha 1.10RTGAGEE unto the 1,10RTGAGOR, as evide:ued by a certain promissory note uf even date Iiere,v~Th, of wh:ch the (olluwing in word and ~igures is a irue topy, to-~vii: C , 100 , 00 No ~1 ~ ~ ~ fort Pierte, Florida, ~T 8 Tl t18 2'V ~ 7 ~ 19 C' C For value received, 1, we or either of us, promise tpo pay, wilhout defalcation, to the nrder of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT FIERCE at Fort Pierce, Florida, the sum of S u• 1~Q with interest from date at the rate a~_ ~~'o per annum, in monfhly install- meNS a3 follows: S ~-1-`~ on ihe ~ day oMa r r_h 14~5~ and a like sum on the correspending day of each month ihert- after until the whofe be futly pa;d. Eac}~ instaliment first shall 6a applied in payment of tho interest and lhen on the unpaid balance of the prir,cipal sum. (f default is made in the payment of any installment when due, and sucn default continues 30 day~, then at the option of the holder, and without any otti~r ~otice, all the remaining installments shall be due and payabte at once. Privilag» is given to prepay this note in whole or in parf at any lime w~thout penalfy. 'Neitiier forebearancr, nor acceptante by the holder thereof after any default in any paymeMS iie~eon, shall be deemed exlens~on. A tate payment charge of S~1 shall be added to each insta!Iment remaining vnpaid 7 days atler its due da1e, and e like sum shall be added to each such installment remaininfl unpeid 7 days after eath succeeding payment date. - Each maker, surely and endoraer hereaf, joinlly and severally, waives demand, present~nent protesl and notice of protest for nonp~yment, and further agrees to any exteniion of time of payment, either before or after maturity, without nofice to any of us; and to pay all cos~s of collection, indudinc~ a reasonablc attorncy's fee in the event oF any defautt hereu~der, and hereby severally ~vaives all benefit of homestead ard exen,pt~on under tF~e cnnstitution and laws of each State of the United States, as against this obtigation or any extens+on or renewal hereof. Witness the hand and seal of each party. /s/ Josex~h ~?c~wie (SEAI) lQl Claire Bowie (SEAL) _ ts~~~, cs~u f 1~, 1 K 1 State Reven~e (Stamps cancelled on eriginal note) ~ 1~~ ,,ln NOW, THEREfORE, the MORTGAGOR for the purpose of iecuring paymenf of said sum of S a~d the performance of 1he covenants and agreements hereinafter expressed, and (or divers good and veluable considerotiont, by these present:, dces granr, bargain, iell, remiie, relea:e, convey and tonfirm unto !he MORTGAGEE, its tuccessors end assigns, all thnt certain lot, piece or parcel of land, situate, lying, and being in the County of S t. I~u e i e , end State of Flotida, deiuibrd s~ fotlowi: Be~in at the NE corner of the North 375 feet of the S1 of the NEl of the °~E~ of Section 5, Township 36 South, RanFe ~0 East, run South 25l~ feet to ~ point; thence turn and run weQt ~.QO feet to tre point of begjnning; from s~id point of beginnin~ run North 67 degreea 2~ minute~ West 108.~ feet to a point; thence turn and run South 162.K feet to a point; thence turn and run . East 100 feet to a point; thence turn and run North 121 fee* t~ the pc?int of beginning; said lanc~ al~o being~de~cribed as Lot of an unrecorded plat cf Daniel ~ s Subdivision, T~ETHER with an eesement in common with the other owners of' the hereinafter deGcribed property for means of ingreQs and egress over the following described prvperty to-wi~: From the Northeast corner of the North 375 feet of the S; of the NF4 of the SE4 of Section 5, Township 36 South, Range ~~0 East, run South 20~ feet, thence West 25 feet tc~ the poi_nt of beginnjng; Thence contjnue West 368.~ feet; thence North 67 degrees 2Q minutes k'est 108.l~ feet; thence WeQt Q31.~ feet thence South ~0 feet, thence East ~2C,F feet; thence Soutr E7 degrees 29 minutes Eeat, 108.~t feet; thence East 37K feet; thence North ~0 feet to the point of beginni_na, ? ;~~IAi C~~= rLUi-~IL.U~1 c~ ~ t]OCUi~iENT~ip''-~S~iHt~1P i l~X ~ ~ = JQN27'66 2~i~~ rs`:' = o _ 'r . ~ _ ~~,•,~--ri~ I 2 I 5 = ~ ~ COtdPTRCLLEit~ = ~?~138 . \,iod~~i - _ _ ? together with all and :ingular the tenementt, hereditaments and appurtances therevnto belonging or in any:iise appertnining thereto, and all rents, issves, F- prxeeds and profitt accruing and to accrue from said p?emises all of which are i,xl~ded in the above and foregoing desuiption and habendum. ~ TO HAVE AND TO HOLD the above describrd and granted premises unto the said MORTGAGEE, it: succeisors and assigns forever. And the sakJ ' the i-r MORTGAGOP f - heirs, executort, adminiilratort and assigns, hereby covenanti witfi the ssid MORTGAGEE, iti svcteisors and a~~ign~, ! ~ _ ~ t~ie~ arp that - fewfully se'z d of the said premises in fee simple; that the same are free,. clear and diicharged from al~,~ ieni and encur~- + T brances in law or in equity, and that ~ e` will and the ir ~irs shall warrant and defend the fiile So the'a.ame to the said ~ MORTGAGEE, its successors and assigns, iorever against the lawfvl claimt and demands of all perwnsj • ~ PROVIDED, ALY~AYS that if the MORTGAGOR fhall pay unto the MGRTGAGEt the promi::ory rroie S~~r~~~~~ :~re ~~tui~~ a~~d ahott ~uty, r::,c; ;,%:y = and fully perfotm, diicharga, execute, complete, comply with end abide by each and every the_stipulations, agreerAenit, conditions and tov nanis of seid f promissory note and of this Mortgage, then this NlortgaQe and the Estate hereby created shall cease and be null and void. 1T 15 UNOERSTOOD that the word "Mortgagw" whether in ihe singular or plurol anywhere in thi~ Mortgage, ihall be singular if one only and ahall be plural jointly and severally if mwe than ona, end that the word "their" as used anywhare in thi~ Mortgage shall be taken to mean "his;' "heri" or "its;' whereve~ the context to impliei or admits. Also, that wherever there it ~ refsrence in tha covenants and agreeme~ts herein containsd to any of the partie• hereto, the ~eme ahall be conslrued to mean a~ well as the heirs, leqal representative~, successora and assigru (either volunlary by act of the parties or invol~ntary by operation of the law) of tha same and that the covenant~ herein contained shall bind and the benefits and advantage: fnure to the respective heirt, legal representatives, :uccetson aod a~~?yns of the partios hereto. And said Mo~tgagort, for thsmselves and their heirs, legal representatives, tuccessors and a:signs, hereby ~ointly and severally covenant and ayree to and with the wid MORTGAGEE, itt sutceisora end ass~gni: 1. To pay a01 and itngular the prirxipal snd interest and the various and s~r~dry sums of money payable by virlue of said premissory note, and thi~ mortgege, each and every, promptly on the dayf respectively the sama itverally become due. 2. To pay all snd singulsr the taxes, as~es~menti, levies, liabilities, obligations and encumbrances of every narure and kind now on said described property, or that hercafter may be imposed, ~uffered, plated, levied, or asse~sed thereon, or that hereafter may bs levied w assetscd upon this Mwtg- age, or the indabted~e:s sec~red hersby, each and every, when due +nd paysble, atcordin~ to law, before they become delinquent, and before any interest attache: or any pertalty it inturred; AND INSOFAR AS AN 1HEREpF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIED AND DfSCHARGED OF j RECORD AND THE ORIGINAL OFFICIAI QOCl1MENT (SUC~ AS, FOR INSIANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER ~OFFICIALIY ENDORSED ; OR CERTIfIED) SHAtt BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYIM1ENT; and in the even? that any thereof is not , paid, sal'sfied and dixharged said MORTGAGEE may at any time pay the same w any pert thereof without waiving or affectiny eny option, lien, equity or i ~ipht under or by virtue of this mortgage and the f~ll amovnt of each and every iuch payment shatl be immediately due and psyable and shsll be~r interest + Frp~r~ the date thereof until paid a? rate of n~ne pe? centum per annum and toflether wiih •uch interest ~hall be secured by tne lien of th:• morgtage. ~ S :i R A • soox