HomeMy WebLinkAbout2077 ~ ` ~1~~~ I~-
THIS INOENTURE. iN1~d~ th~ 1s t day o( A pri 1 „ A.D. 19.~c~, b~tw~~n
Traub Enterprises, Inc., a Florida Corporatiot~
of _ St. LUC1@ Cp~~~y Flwid~, F~N~~MItN dtNpnated ~s 1M "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpor~lion or~~ni:~d ~~d exis~irg u~dar tM Iaws oi th~ Unit~d Sf~t~i of Amtric~ ~nd Mvlnp its ptintipal pl~t~ of
busineu in th~ City of fw~ A;e.ce, Sf. luci~ County, Flo~id~, Mre~nafta d~sipnat~d ~i tM "MORTGAGEE:'
WHEREAS tM MOQTGAGOR is jw~ly indebt~d ro tM MORTGAGEE in th~ sum oi ~ 12 y..~~0 . ~Q 9ood and lawful money of the Un~ted
S~ates advanced by ths MpRTGAGEE unto the MORTGAGOR, ~s ~vid~nced by a tt?tain ptomiuory nore of even date herewith, of wh~ch ths followlnp in
wordi and fgurfs a a trw copy, to-wit:
s 12 , 300 . 00 N, 13 ,!~}21
~ P~~.. F~«~d., Apri 1 i 19 66
Fa value raceiv~d, t, we o~ eithe? of us, prom~se to pay, withovt detalcation, fo the order of FIRST FEDERAILSAVINGS AND IOAN ASSOCtA?ION OF
FORT PIERCE ~t Fort Pierce, Fbrida, the sum o'f CZy. 12 • 30~ , w;th intereit from due at tM rate oi~~96 par annum, in monthly Install-
menes aa follows: = 9~• 00 0~ the _l;J y~lay af M83(, „ ~q.~i~ in~ ~(ike sum on the correspondinp day of each month tMrr
after until fhe whote be fu!!y paid.
Each installment fi~st aMll be applied in paymeM of the inte~cat and then on the u~paid b~lance of the princ~psl wrri. If de/ault is made in tM
payment of ~~y installment when due, and such default conrinues 3p days, then at the option of the holder, ~nd witF?out any other notice, all the remaininy
~nstatlments sMll ba dut and payable af oncs. P.ivileys ii given fo prepaY this rate in whol~ a in put ~I ~ny time witia~t penalty. •Ne'tl+erLforebearance,
nw acctptantt by~ the holder thereof ~fter ~ny default i~ ~nY paYmenb hereon. sMll be deemed extension. A late paymeM charye of j • v~ thall b~
added ro each insullment remaininp ~npa~d 7 days ~fter in dw d+te, and • lik~ wm sMll be added ro e+ch wch installm~nt rNnaininp vnpaid 7 dayt ahK
each sutceedity paYment dafe.
Each maker, wrety and endo~ser hereoi, jointly and sevenlly, w~ives demand, presentment prote~t ~nd no~ice of proro~t fw nonpsyment, ~nd fwtF~
agrees to ~ny extension of time of paymenf, either before w sfter maturity, without no~ice to any of us; snd to pay aIl cosK of collection, inctud~np ~
reasonable anorney's fee in the evcnt of sny deiautt hertunder, and hereby severally waives all benefFt of homestesd snd s:emption undar th~ tonititution
and laws of each State of the Uni~ed Ststes, as ags~nst thi: oblg~tioo a any ex~cni'w~ or ren~w~l her~of.
w;,,,~„ ~,,,,d .~,d u,i of ~,~h ~,t,,. TRAUB ENTERPRISES, INC .
/s/ By: Edward B. Traub, Sr.. Pres~ri~
/s/ Attest: Ethel M. Traub, Secretar~q
Treasure~
S 1" • `~h=--) Sh» Revenw ~
(Stam~s qncelltd on wiqinal nole)
NOW. THEREFORE, the MORTGAGOR fw the p~rpoae of secv~ing payment of said sum of i 12 ~ 300 • 00 , snd tM
perforenu+c~ of tlN
cnven~nb and a9raementi hcreinshe~ expressed, and for diver~ good and valwble cauideratioea, by tFKS~ preieny, does y~ant, bup~i~, sell, remiss,
relea~, eonv~y and e° ~firm vnto th~ MORTGAGEE, its svcuuon ~nd ~ui9ns, dl tMt een~in iw, pi~e~ or paro~t of land, situ~t~, lyieg, and bei~+p in th~
c«,nty of J t. Lu c i e .od St.t. of frw~d., dyv~6~d rd~ow.:
Lot 5 and the North 29.03 feet of Lota 6 and 7, Block 3, NEBRASKA COURT
SUBDIVISION, as per pla~ thereof recorded in Plat Book S, page !~8 of
the public records of St. Lucie County, rloride,~
(o~~
AlCE1vED Z, ••e~
W `J t t~-~i i C' r" i-i I IJ ~ DUEON ClA3s'C' IN7ANG19LE ~N ~AYMEIITOFTAx~
c~ ~ DOCUMENTA<-~
n" STA MP TAX rd~taU.:NT TO ~MAPiER 2p72l. A~~pF 1! 1~~RTM,
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~ o = IIPR-~'66 2,y li ~ w A~;ant f-? CU~T~S M ~t t
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N V COMPTRBLLER = ~r Tp7[
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gy ,
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, to9ether with all ud sioyulu th~ tene+r~enn, hsrec"•t~m~nn and appurtances Nwrwnto btlonpinp w in anrwis~ appert~ininp tFaNO, and all rN?ts, iwws, :
proceeds ~nd profin sar~inp snd ro accrw from saui premis~s al! of w}?id~ ~n includ~d in tM abov~ ~nd fw~oiig dewiption snd h+be~dum. `
TO HAVE /WD jp iIOLD the above dewibed a~d pnnted premista uMO tht said MORTGAGEE, its sucus~ws ~nd astgro fortvK. Ard th~ s~id
MORTGAGOR fa 1 t s ' F»in, exeaiton, adminfitrasors and ~ssipro, h~reby cov~n~nb with th~ said MORiGAGEE, Ns wwsso~s aod u~,
rh~r l, i q lawfully seized of tM s~id pnmiws fee simplr, tMt th~ sanw an frN,. clNr u~d di~durpsd from all li~en and ~ncwrr
fy
br~nus in I~w w in equity. ~nd ths* 1 t will and 1 t 9 heiq shall w+naM and d~f~nd tlw titb to th~ sam~ to tlr uW
HORTGAGEE, in svcceuas u~d assipro, forever apairat th~ lawful daims ~nd d~mands of prrtomf
PROVIDE~, ALWAYS tMt if tl+e N~ORiGAGOR ~hsN piy unro rlK JNORTGIIGEE t!w promiuory nore herimbeiar~ d~wibed a+d ~hall trvly, promplly
~nd fu11Y Parform, d~sciM?y~, ~zawt~, comPkt~, complY wi~h and sbide by each ud wery tM stiqrl~~io~s, sprsananfs, coed'n'aro ~nd cov~nann of aid
prom~uay non ~nd of this Mwtyaps, th~r? this Mwtyaps ~nd th~ Esrate h~~by m~at~d sMll aa~ and b~ nult ~nd void.
IT IS UNDERSTOOD th~t tFr word "Mort~spor whstlw~ in th~ ~irgula or plvrd a~ywMrt in thu Mw1Qap~, sh~ll b~ sinpvlu if on~ only u+d
~hall b~ plwd joinrly and ~ever~lly if mor~ than on~, and tFwf ths word ••tMir" as usad ~ny~wl~re in Mis Mortg~ sMll b~ taken ro mt~n •'his,•• "t~en••
or "in." whermrer tht conract so implies w admi», Abo, that wherw~r there nf~r~nn in tl» oovenams ~nd apreem~nb Mnin oo~t~irud ro srey of
rt+~ p~nia her~fo, the wm shall be comnued fo a»ar? is wdl as th~ h~irs, I~p~1 npr~santatives, wouswrs and assipro (sitiwr valuntary by ~ct of th~
pa.ties or in~~rolunt~ry by operatioo of tM law) of ti+~ ~ and that ~M cov.nann hu«n oonr.in.d ~h+ll bind and rh. b.n.fin .nd adv.m.p.s irwr~
to the r~apectiv~ Min, ley~l r~praentar;ves. woceston and ~ss:yr?s of tM pktia ha~to.
Md s~W Morly~yors, iw tlrre?selves ~nd tlr~ir h~ks. l~yal rsp?aentitiva, wco~ssa~s and assipns, htr~by io6Nly uK! tevKally ooven~nt ~nd pr~
to and with the s~id MORTWIGEE, its succ~aors ~nd assipro:
1. To p+y dl and siig~rl~r th~ prinapd a~d int~rtst ud thi various ~nd six~dry sums of moMr WYaW~ by virtw of s+id promistory not~, u~d tf~
mo.t9ape, exh and every, pomptN on N» days rap~ctiv~ly the samt r~wrally bacane due.
4. To p~y ~tl ~nd sinpvtM the taxe~, aseswnenn. Mviei. liabilifia, obliyations and ~ncumbr~nas of every nanrn and kind now a+ wid d~w~d
W~~Y, or thaf hereafMr may b~ irnposetl, wffM~d. plated. ~wied. or ~~NSUd tMr~on, ot MN hsrtafNr may b~ Iwiwd w awss~d trpon fhis Morf¢
+9~, or tl+~ k~d~btedn~as aarr~d her~by, each and way, wl~ dw and payabl~. acoordirg to taw. befon th~y ba~cane dellnqueM, ud b~fw~ any lnt~r~at
+nacF~ a iny penalty is incurr~d; AND INSOfAR AS A THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISf1ED AND ~ISCHARGEp OF
RECORO AND 7HE ORIGINAL OfFIC1Al DOCUMENT (SUC~ AS, fOR tNSTANCE. TME TAX RKEIPT OR TME SAT15F/ICTfON PAPER OffiCtALIY ENDORSED
OR CERTIFIED) SFUItI SE PIACED IN THf HANOS Of SAIp MORiGAGEE yy1THIN TEN OAYS NEXT AFTER PAYNIENT; and in tM ewnt 1Mt any tMreof is na ~
pud, s~t'sfied ~nd dixhuq~d satd MORTGAGEE rewy at any tirn~ pay th~ saem a ~enr put tlweof withow waivinp w~ff~ctinp any option, lien, equity or ~
•pht under or by virtu~ of this mortqa~ snd the full amount of ~ach ard hery wd~ payment ~11 bt immtdiatsly dw and p~y~We ~nd shal) btx int~rat
~.om ~he dat~ ti»r~of until p~id n rat~ of n~ne per cee~twn per ~nnum ~~d top~tlwr witF~ wch iM~r~st sMll b~ ucurad by tM lien of th:s maytpe. i
~aaK142 2`72
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