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Home My WebLink About1277 ~ 31st ~ ~ • • i January ~,p. ~y 68 ~,wN„ ~ THiS INDENTURE, Mad~ th~ day of • ~,S Joseph R. habeth and Alice P. Kabeth, his wife, _ 1 ~ Lucie ' > of St' Co~x~ty Flwida, INf~iMftN d~atpnit~d th~ "MORTGAGOR," and FIRST iEDERAI Si?VINGS AND IOAN /1550C1AT10N OF FORT PIERCE, a corporation wp~nis~d ~nd uti~liny under th~ laws of tM Unit~d StatN of AmKiu and havGp i» principsl pl~u af t buun~ts in tM Ciry of Fort PiKC~, St, l~cie Counry, FlwFda, Mr~in+fta d~spnat~d +s tM "MORTGAGEE:' ~ WHEREAS the MORTGAGOR ia jwtly ir.debt~d fo ths MORTGAGEE in t!~ sum of = 6~~0 good +nd lawfvl mone~ oi ~M U~~t~d ~ S~atei advanced by tha MORTGAGEE uo:o the MORiGAGOR, as evidenced by ~ urtain promiuory no~t of even date herewith, of whith tF~t followirp in wordi and Figures is a trw topy, to-wit: ~ : 6 ~Qpp, pp ~ . t,~, 14i685 ~ fort Pierce, F~o.~d,, - January 31, 19 68 ~ Fa value received, 1, we w either of us, promise to pay, without d~Falcation, to the order of FIRST fEDERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE at Fwt Pierat, Fbrida, the tum of ~ 6 f 0~ • 0O w;th in!errst i~om datt ~t the rate ob~9G psr u+num, in montFdy insqlb me~n ~s foltows: i~•~ un the lOth ~y of Dtarch ~q 68 ind a li4e sum on the correspa~d~ry day of e~ch month ttrr~- after until the whole be fully paid. Each imtallmeM firsl shall be applied in payment of ths interost and then on the unpald balance of the princ~p~l sum. If default is mad~ ie 1M paymcnt of any ins~allmcnt when due, and such default continuea 30 day~, then at the optan of the holder, and wi~hout any othe? n~, ininy ~nstallments shall be due and payable at once. Privi~ege is given to prspay this note in whole w in part at ~ny Nme without pen~ .•Neit1+K fore nnu, na acctptance by the holdrr thereof sfte~ any default in any psymenb hereon, shall be deemed ex~cnsion. A late payment chug of f 2• 7O +11 be added to each iastallw~ent remainin~ unp~id 7 days afler iri dut dats, snd ~ like tum shall be added ro each such instsllm~nt remain unpaid 7 d ~Aer each iucceedi^9 Payment da~e. ~ Exh mskar, :urety and endwscr hereof, jointly snd severally, waives dcmand, presentment prote~t and notice of prorest for nonpayment, ~nd fu~thsr agrees to any extension of time of paymcnt, either be~ore or aiter maturity, without noHce to any of us; snd to pay all costs of cotlection, includ~rg ~ reasonabk attorney's fee in the event of any default hereunde?, and hereby sevcrally waives all benefit of homestead and exemption under the cenuitution and laws of each Sqte of the United 5tates, as against ?his obligation a any extemioc or renew~l hereof. Witness tiie hsnd ~nd se~l of each party. S/ Joseph R. Kabeth ~q S/ Alice P. Kabeth ~U (sE/?U (SE/?U r ~ 9. 00 ) Stat~ Revenue . (St~nps uncelled on wi~insl not~) NOW, THEREfORE, ~he MORTGAGOR fw the purpose of securing p~yment of said sum of = 6~ OOQ. 00 , and tht performance of th~ mwn~nti and apreements hereir?~iter expreued, and fw dive?s good and wlwble cauider+tions, by theie preienti, does g~aM, barg~i~, sell, remise, re{e~se, convey and tonfirm unto tlie MORTGAGEE, its successort ~nd assigns, ~11 that certain lot, piect o~ pucel of land, situat~, Irinp, and beirp in 1M ~~~y ~ St. L.uCie ~nd Stat~ of Flwida, dewib~d u fdlows: Lot 7, Block 61, RIVER PAWC, UNIT NO. 6, according to the plat thereof recorded in Plat Book 12, page 28, of the Public Records of St. Lucie County, Florida, - h pe R°CEIVED S ~r :'!?YMiNtOFTAXES ~ !,yTANriP.l~ Pc9`.~~Al PkCPEwTY. C•ir r.V CI_~:4'L - ~ 1~11 c rLU~-liU~ P'.: _ ~~•ir~iRi•.'Ek2C7~i.~L. ;.fi~4t, W } " „ , oG~R ~orrRAS _ _ c~ DO~UMENTf._ . S"i;~~1P T~X R fk _ ~rt ~ ~ _ _ _T~ - - . t!f~:: _ ti~. 1A•:. ~ J z - : = os . -n~ f..~ ~ _ FEB-8'6s ; - ~ :cx Co:lecro o = - 9 U~= s~. t~r:~o coun+v ~ _ (n V cQM.FTROLLER S'~;-P c_ DR.l90138 f'•_~ : BY o uTr c~Enc fop~ther with all snd singvlar the tenements, he~editaments +nd sppu?ta•xes thereunto b~longirg or in anywite +ppert+i~irg therero, and all renb, is~i;es, proceeds ~nd profits stauirg and to sccrue from iaid premises all of which ue i~cluded in the ~bove and fore9oina deuriptan ~nd habend~m. TO HAVE AND TO HOID tl+e sbove desuibed ~nd yr+nted premises uMO the said MORTGAGEE, ib suaeswn +nd +ssiyns foreva. Md tM said MORTGAGOR fa their ~;n, ~x~~as, ad.,ninistraton and auigns, hereby covenann with the said MORTGAGEE, iri successon +nd ~ssipro, that the~are lawfully sei:ed of the said premises in fe~ iunple: th~t tFK s+rr~ ~re fne.- cle~r and diuMrped from +11 liero u~d encum- br~nces in law a in equity, and thst the~ wi0 ~nd thP i r heih shal~ w~rrutt and def~nd tM title to the ssme to tM s+id MORTGACaEE, its successws ~nd usiy~s, fwever sgainft tM lawful cl~ims ~nd dem~nds of dl perwnss PROVIDED, ALVNAYS thst if the MORTGACaOR ~MII pay unto the MORTGAGEE the promistory note herei~befor~ d~suibed and ~iull tnily, promptly ~nd fully perfwm, discMrge, execute, complete, compfy with a.~d abide by esch ~~d evcry th~ stipulstions, a~reemen», C0~ldifiOlff ~Ifd COVlMf1~3 Of Nid promissory note and of this Mortgape, then fhis Mort9a~e ~nd the btste hereby aeated ~hall cesw and be nvU ~nd void. IT IS UNDERSTOOD thst the word "Mwtyspor" whe~her in the singul~r w plwal ~nywher~ in this Mortppe, shall be si~yular if one o~ly end •MII be plutal jointly and severally if mort tMn one, +nd tMt tM word "their" ~s uted anywhere in this 1Norty~ge shall be taken to mean "his;' "hen," or 'its;' wherevcr the context w implies w ~dmits. Also, that wherova thae is ~~tference in th~ toven~nb and apreements here~n oontained to any of the panies hereto, the s+m~ ahall be construed to mean as well ss the hein, Ipal representative~, waessars and +uipro (either volvnury by ~ct of th~ parties w involuntary bp operation of the law) of tMe iame ~~d that rh• coven+nn M.•in oomained sMlt bind and ~h. benefin +nd adv~ma~s i~wr~ ro N~e respectiv~ M'us. Ispal representatives, waessors and au~yro of tFw p~rtia hereta And uid Mortgayors, fw themselves and their hein, leyal representativa, svcceuai and ~ssi~ns, hereby jointly ~nd sever~lly cove~t ~nd apree q u~d with t:~ ~aid MORTGAGEE, in successors .nd asiiyns: 1. To p+Y dl ~nd iirgulu tM princ;pal ~nd interest a~d the v~r'wus and sw~dry sums of moMy paYabl~ by vi?tue of said promiswry rate, and thu mortyye, each and every, promptly on tl+e days respectively tFN urrr ~ev~r~lly becan~ due. 2. To pay ~II ~nd ~irgulu the tsxes, aueiunenb, levies, liabilit~, oblip~tions and encumbr~ncea of every n~ture and kind ~ow on said dewibed prop~rty, or that hereaftN may b~ imposed, svffared. Plated, kvNd, or ~ss~ased thereon, or tF?~t here~her may b~ Isvied a asiesud ~pon this Mortp- aa~, w tFw indebtedneu :r+.rad her~by, e+ch and ~very, whan due ~nd payable. +ccordiny w I~w, befw~ they become delinquent, ~nd befw~ ~ny int~~est att~ches a any penalty a incurred; ANU INSOFAR AS AN~( THEREOf IS OF RKORD THE SAME SHALL 8E PROlNPTLY SAiI5f1E~ ANO OISCHARGE~ OF RKORD ANO THE ORIGINAL OfFICIAI DOCUMENT (SUCN A5, FOR INSTANCE, THE TAX RECEIPT OR THE SA715fACTION PAPER ~OFfICIAILY ENDORSEO OR CERTIFIED) SHAII dE PUCED IN THE HANDS OF 3AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENt; snd i~ the event that ~ny thereof is nw paid, sat"sfied snd dischargtd sa;d MORTGAGEE may at any time p~y ?he same w any part thereof withart w~ivir?p or sffeNirg sny option, lien, equity a .iqht unde+ a by virtve of this mortgaye and the full amo~m of each and every sucF~ psyment shall be immed"utely due +nd payabk and thall bear interat ~rom the dste thereof w+til paid st rate of ~ine per centum per annum ~nd topether with such interest sMll be secured by the lien of th:s morytaqe. ~ e~K~~lO w~Gf~,iC~'l~ ~ `i., - 5 ~ ~m c~~, . 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