HomeMy WebLinkAbout0193 i ~ ; 4 . . ! -165517' ,
THIS INOENTURE. Mad~ th~ 213t ~ of March /~,p, ~9_~„ b~1w~ ~
Edwari3 R. Langel, a single ac~ult _
af SL . i.uc ie ~~~~y F~~, ~~~ftM d~alan~Md ~s tF» "MORTGAGOR;' ~nd FIRST FEDEitAL SfiYINGS AND IOAN
ASSOCIA110N OF FORT PIERCE, ~ oapo.ation o.p~nis~d and exisfinp ~nda~ tM bwa of th~ Unir~ Sut~s of Americs ud havinp in principai pl~n of
bu~insss In t1N Gty of fort Pi~ra. St. tuci~ touety. Flaid+. hK~in~fta dt~lpnatsd a rM "MORT GEE."
WHEREAS tM MORTGAGOR a j~ntly k~debt~d to tM MORTGAGEE in tM sum of ~ S• 4 good and I~wfu~ moMY of tM Unitad
States advarx~d by tl» MORTGAGEE unto ths MORTGAGOR, as tvidenced by a tM+in {xomiawy noM of sve~ date herwvith, of which tM followinp in
wads and fipw~s is a tnr~ topy, towit:
~ 8, 400. 00 p~, 19;,~ 793
~ P~: F~ March 21, ~y~_
Fa valw received, 1, w~ or either of us, prom~se to pay, witFw~t defalcation, to iM wder of FIRST fEDERAI SAVINGS AND IOAN ASSOCIAiION OF
FORT PIERCE ~t Fat Pierc~, Florida, the sum of ~ 8~ 400. ~ w;th intereit from due at ths rate of ~-96 per +nnum, in monthly i~utall-
ments u follows: i 76 on tM ~~1 day of __baT- 19~]$_ ud a tike ium oo the cwr~spondinp day of each month thKr
efter until the whole be fuliy paid.
Each insqllmeM first shall be applied in payment of the ierere~t and the~ on the unpaid bal~nos of the prlndp+l sum. If defauh is m~de in tM
payment of any insqllment wi~en due, and such defauh continuss 30 days, then at the option of tF?e hoide~, and without any other notice, atl the rsmainir?a
instalimMb shali be due and psyabl~ at once. Priviby~ is ~iven to prepay this rate i~ whob or in part at any tuea without penalty. •Neither fw~b~ar~os,
no? ~ccept+ec~ by ths hoWer thenof ~fta a~y defaull in anY p+Yments herea4 sf++ll be deemed extens~on. A late p~yment char~ of ~~-8O shall b~
sdded to each imtall~t remai~ing :m.r_:a 7 daps after ib dw date, ~d • like wm shall be ~dded ro each iuch inst+llmenf ra~uininp w+paii~.7 d~yr ~it~t
each wccNdiny p+ymeM date. . ,
E~ch maka, suroty and endorae~ F~ereof, joinHy and ieverdly, waives demand, pretentment protnt ~nd not~ce of protest fw na~pay~l+enA ~~+d furtAa
agrees to any exteniion of time of payment, either before w afte~ maturity, without notice to ~ny oi vs; snd to pay ~II tosts ,of tollection, •.~ludinp a
reasonabk attorney i fee in the event of sny default hereunder, ~nd hereby sever~lly waives all benefit of homestesd and exvfption t~de~ tIN sMSNTytion
and laws of esch State of the Unit~d Sutes, as against this obli~ation or any extensia~ or renew~! here~.~. . ~ ,
~tness the h~nd and sesl of each party. ~ ~
, s dwasd R. Lan~c el~,,,a sina2e a~~lt
- R~?U
(5~?U
$12.60 ~
~ ) stm Rwenw
(Stampa unalld on oriainal rate)
NOW, TMEREFORE, ths MORTGAGOR fw tM purpwe of ~ecuring p~yment of s~id wm of i8~400.00 ~ ar~d tIw per(orrnanw af th~
covanann a~d .yroem~+n Mr~in+frer .xpressed. and for divers ~ood u~d valwbl~ cau7d~wtio~a„ by thew presents, do~s p~~nt, barpaiq, sell, r~mise,
releaN, oonwy and confirm unro tlw -~lIORiGAGEE, ita s~aessws a++d aui9ns, all tha! cM~in lot, piea or pucel of luid, sihrate, (yirg, ~nd b~irg (n th~ "
Covmy af St. LuCl@ and Stat~ of Florid~, d~wib~d as followu
The South 70 feet of the East 200 feet of the Sl~ of the S~ of the SE~ of the NF_':;
of the TM~; of Section 17, Township 35 South~ Range 40 East, St. Lucie County,~
Florida,
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s V CO~TROLIER ~ e~
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toyethar with ~II and sinyular tht ta+emenn, hereditamann ~nd ~ppurtances therwMO belagirg or in ~nYwit~ +PPatainirg Nwreto. ~nd +11 r~ms, issw~,
proceeds and profin ~cuuirg ~nd to accrw fran uid premises sll of wFdd~ ue inclu~Md in tl~ abow ~nd fonpoirg d~svipYan and FwbMdwn.
TO HAVE AND TO HOID th~ abav~ describ~d ind pr~nt~d pnmis~s unro the wld MORTGAGEE, Ns waeswrs and +ssipm fortva. Md th~ s~id ~
t115_ ~
MORTGAGOR fa - Mvs. ~x~cwon, administr~tors ~nd ~uiyro, hereby coven+nn wRt~ 1hs s~id MORTGAGEE. its wouswn and a~ipm, i
# tMt }le _ I~wfully sei:ed of the said pramaes in fe~ simples that th~ s+eeM an fr».. ciear u+d discMrpad fran ~II li~m ~nd ~ncun~ ~
brsncet in bw a in eqvity, and tha~_ he___ will and h i S bsirs shall warrant ~nd d~f~nd tM tkb w th~ s~+n~ 1o th~ w1d
MORTGACaEE, ib successors and assipra, forwer y~inst tlr lawful claims and d~mands of all pKwrot
~ PROVIDED, ALWAYS tlwt if 1hs MORTGAGOR sMll pay vnro the MORTGAGEE tht prorrinsory not• hertN+b.fon d.wibed and ~hall nu1y, prompHy
~nd fully perform, d~xMrpe. ~x~cvte, compl~te, comply with and abide by each and ~very tM stipulatior?s, ~yreeAKnts, conditions aed aov~nams of said
_ promissory not~ ~nd of thp Mwtpspe, th~n tha Matyap~ and th~ btate hereby ae~t~d sh~ll uase ~nd be rwll and void.
~
IT IS UNDERSTOOD that tM word "1Mortpspa" wMfiar in f!» sinpvla~ or p!~x~l ~nywlwr~ in thia Mo~tyape, shall b~ sinpvlu if one only and
~ ~hatl b~ plural joa~tly and wvK~lly if moro th~n on~. N+d th+t tM wwd "their" as us~d anywMn in tha Morty~t sh~ll b~ tak~n to me~n "hb:• •'hKS;•
w'its,° wheteva the coMext w anplies w admlts. Abo. M+~t wherewr there h s nf~r~noe in tFie wwn~nb and apr~nants Mtein oontairnd ro unr of
the pirties herero, tM sanw shall be oonstrued to me~n u w~ll as tM h~in. Ip+~ np~a~nt~tiva, woasson ~nd auipro (~itha volum~ry by ad of th~
~ parties or involvnt+rY b'f~ opaation of t!w Ihw) of tM ~am~ ~nd th~t rh. cov.ou+a Mnin oom~ir»d ~MII bind and rh. b.n~fin ~nd ~dvam.p~s irwn
~ to tM r~p~ctiw hein. Ipal repnsK+t~tiws, woc~s~ors aid au~es of tht putia h~r~to.
Md said lVllortyayor~, for tMmselv~s and th~ir Irirs. I~D+) repr~s~ntat'n~s, woces~ors and aasiprn, her~by io'a~tly and aw~rally ~m and apnt
to and with tM ssid MORTCsAGEE. its woas~ors and +s~iyro:
1. To p~y ~II and sinp~lu th~ priocip+l~and in»rea and the v~?fo~s and wndry wms of ma~r p+yabb bp virtw of said promiswry ~ot~. ~nd this
moMpspe. ~ach u~d w~ry. P~~M~Y on tM days nspadively flw sare» s~wrally b~oome dw.
2 To p~y dl u~d ~inpul~r tM t~:~s, assessmenb. Iwies, liabilitiq, obliqatam and ~na~mbanoa of wery n+tw~ and kind nnw ae s+id d~svib~d
~ prop~rty, a that h~reaftK may b~ Mnpowd, wffa~d. Pbced, levi~d, or auess~d ther~on, a th~t I~~~ftK m+Y b~ Iwhd w as~ssed upon thb Mortp~
p., a tM a+d.M.dn.a s«u~.d h.r.by. .ach .nd w.ry, wlwn dw and pay.bte. +ooordirg ro Irw, befon they b.oan. delinqwm, and befon .oy un.~r.st
~ttach~s p any p~nalry is incwred; AND INSOFAR AS THEREpf t5 OF RKOR~ THE SAME SMALL dE PROMPTIY SATISfIED AND OISCHARGED Of
RECORD /lND THE ORIGINAL OFFICIAL DOCWNENT ~ AS. FOR INSTANCE, THE TAX RKEIPT OR ?HE SA?ISfACTION PAPER ~OffICIAIIY ENDORSEO
OR CERTIf1ED) SHALL dE PlACEO IN ?HE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFT:R PAYMENTt +~d in the ewM that ~ny t}Mt~of is not
paid, sat:siiad and discharg~d wid MORTGAGEE may at siry time p+y tM sar~ a anp p+~t Nwreof wi~!a~t wsivinp or aff~ctinp ~ny oplion, li~n, eq~rity or
•~pht ~nd~r a by virtue of this mortyaye ~nd the full amou~t of ~~ch and ~very wcF~ p+rrmnt sMll b~ imn~diatdy dw ~od payable ~nd sh~ll bsar ints~~st
srqn tM datt thereof until p~id it ratt of nint per c~+?tum per ann~m ~nd rop~tMr with wch &?t~rest aMll b~ ~ecw~d by tM I'»n of tfi:s maptap~.
Bo~K 171 ~A~~ 193
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