HomeMy WebLinkAbout1346 :1'7~933~ ~ . ~ -~i 1'~'~1~~42
THIS IN~ENTURE, Mad~ d+• `~8'~ ~ ~ ~ ~ y
d+Y ~ A.O.•19
Ralj~h Shrader and ~~icw M. ahyr~?ci.,r~ hi~ wit`O ' y (
~
of _ St.
Lucie , Counfy Florida, her~inahsr d~sipnatad a~ tht "MORTGAGOR;' •nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIEIKE, a twporatan ory~niued and ~xistinp v~ IM laws of th~ Un~ted Sta~N of /lmeric~ and havinp iri principal pl~c~ of
~ busintas in th~ U1y of Fwt Pi~rt~. St. luti~ County. Florida, Mnin~Na tl~sip~ted ~s th~ "MORTGAGEE."
~ WHEREAS tM MORTGAGOR is justiy ind~bt~d w tF» MORTGAGEE in ths swn of t~.22 ¦~0 good a+xl lawfvl monsy of tl+~ United
~ StaMS advanced by the MORTGAGEE unto th~ MORTGAGOlt, as ~videnced by • cert~i.~ promiswry note of even date he~ewith, of which 1F» followin~ in
wwds ~nd fiyures is ~ trw copY. to-wit: ~
~ ~ 22,000.00 .
~e ~ wn P~., Fta~. ,~Pril 28 NO_ 15,
6v_II~
fw value received, 1, we w either of vs, promise to pay..wi~1~u(Id~lon, fo tM ur~er of FIRST FEDERA~ $AVINGS AND IOAtJ ASSOCIATION OF
~ FORi PIERCE af Fat Pierce, Floreda, the wm of ~ 22i~0•~ = w~th interett from date at tfie rete ofZ~~1So per annwn, in rn~nthly irutall-
ments ss iollows: i 259 on tM ~h da of A~1o118L ~d~~ y
~ y •19_~Q +nd a like tum w? the corres ~ da of each mor?!h therr
afte~ until the whole be fully paid. ~
~ Eath instaliment first shall be a lied in payment of th~ interest a~d then on the un aid batance of the
PP P princ~pal tum,- !f default is made in the
~ paymeat of any imtallmen! when due, and wch default tontinues 30 days, then at the option of Ihe holder, a~d without any other notice, all the remaining
installments iha~l be d~e and payable at once. Privitege is 9iven lo prepay this note i~ whole ot in part at any t~me without penatry. Neither fwebearance,
~ nw acceptance by tne holdK thereof after any default in any paymems hereon, shall be decmed extension. A late payment charge of sl2 • 95 • ahaG be
added to each installmtnr remainiog unpaid 7 day~ after ib dus dat~, and a like sum ~hal! be added to each such in~;allment remaini~g vopaid ~ days after
d each stKCeeding paYmem date.
~ Each maker, surety and e~dorser hereoi, jointly and aeverslly, waives demand, presentment protest and notice of p~otest for onpayme~t, and further
agrees to any extension of time of payment, eithei be(o~e or after maturity, without notice ro any of us; and to pay aIl cost coflection, including a
`p reaso~able attorney's fee in the evenl oF any deFault hereunder, •nd hereby several~y waives alI benefit of inestead and ex tion under the cautitution
~ and laws of each State of the United States, as agairnt this obliyation p sny extensan w renewal her
Witness the hand and seal of each party.
(SEAt)
~ (S~?U
, J (SE/?U
~ 33.00 /s/ LotLise M . Shrader ~
~ State Reven~e
(Srampt car~celled on a+Qina) note)
NOW, THEREFORE, the MORTGAGOR for the purpose of secvring psymeM of ssid sum of s 22+0~ and the perfwmance of th~
covenants and sgreements hereinsfter expressed, and fw divers 9ood and vslwble oor?~iderations, by 1F~ese presents, does graM, bargain, selt, remisr,
release, convey ~~d confirm unro the MORTGAGFE, ib sucteasors and assigns, all thst cert~in lot, piece or parcel of land, sitwte, lying, and being in ths
Covety of S'C. Li~CI@ ~nd State of fb?ida, deacr~bed ~s follows:
This instrua~nt preparQd by Rer~cordQd to coaply Mith the requirosents
Johrs W. Collins o! the Scrivener*s Act as aaended by Section
Fizst Federal Savings and Loan 695.24 of !he Florida? Statutes.
Association of Rort Pierc~, Florida
Lot 8~ Block 158, 9pUTH PORT ST. Li~Ifi, UNIT 7',
as per p3,at thereof on file in Plat Book 14~ Page
24, of the Public Records of St. Lucie County,
Florida,
~
RECEIYFU s_'~ IN PAYMENT OF T11XES
QifE ON CIASS 'C INTMIGIBIE ~E:Sf't~ll °ZU?fRTY,
PU2S`..At:l :0 CF:AP:•:P. 20724. ACiS OF 19~1.
W} 5 I/a I~ t- L L3 ht I L.7 A pp~-R P01: ~'.i+S, C~erk Circuit t:aurt
c~ ~ DOCUM.F~vTao~S1~Ab1P 1~~:;
~ = JUN1?'6~ y~ _ as Agent tor DANIEL N_ KNOWIfS, JR
~ o - . _
3 3 O O~ S~- ~cie Couni~r Co~~ector
N U COMP7RQLlER ` ,r~~~~/~~ e
P9.,e~~39 ~s~~~~y Y-~ ~
c . ~
~eun tx~wt
;
• 4
~
together with all ~nd singul~r tFw tenement~, hcreditarr~nh a~d ~ppurtances therevnto be{onping or in anywise appertsinir~q theroto, u?d ali renb. issvea,
proceeds and profits acuuinq and to atcnre fiom said premises, ~II of whicfi ue includac) in the ~bove a~d fweyoing description and haberxlum. ~
TO HAVE AND TO HOLD the sbove deutibed and yranted prcmises unto tM said MpRTGAGEE, iri successors snd suigns fortver. Md th~ Nid ~
their
MORTGI~GOR for heirs, execvton, ~dminqtntws snd •ssiqns, hcreby cove~snts with ths iaid MORTGAGEE, in tucceuors and ~siigru,
t~~ _~lli~y are ~~~ully seized of ths said pr~m;ses in fe~ simplr, tMt tM iar»~ are frse, ckar ar?d discharped from atl liens uid encunr
brances in law or in equity, and thst they will a~+d their heirs sFul~ wurant and detend t}k title to the wrn~ to tM s~id
MORTGAGEE, in :~rccessors snd suiy~s, faever `~yainst tlw I~wful claims and demands of sN penons;
PROVIDED, ALWAYS that if the 1NORTGAGOR shall pay unro the N10RTGAGEE ths pomiuory note hereinbefwe desvibed and shall fruly, promptly
and fully perform, diuMrge, execure, compkte. comply wi~h ~nd abide by each ~nd erery the stip~rlatio~s, a9.eemcnn, co~ditions and covena~ts of ssid
promiuory not~ snd of this Mortg~ye, then this Mortya~e a~d the Estate hertby veated sha(1 cease and be nvlf and void. 4
It (5 UNOERSTOOD thal the word "Morrqspw" whether in tM sinyular or plwal snywhere in this Mortgspe, aFull bs sinyulsr if ons pily a~d s
shatl b~ pl~ral jointly and ~evera{ly if more th+n one. ~~d tFut the word "the'a" ~s uud ~nywhere in this Mort9a~e shall be Nken to me+n "his:• ••h~rs,• ;
w"its;' wherever ths context so implies w sdmin. Also, thst wherever there is ~ ~~fqence in the covensnts and ~yreemeny he~ein cont~uted fo ~ny of
ths panist hereto, the same shall b~ construed ro mean as well as fhe hein, leyal represent~tives, succtssors ~nd auiy~s (eithe~ voluntsry by act of the
psnies or involuntary by ope~ation of the Iaw) of the same and tMt tM covenann F?erein tontained shall bind and the ber?efits ~nd sdvantspes inurt
to the respective hein. kyai ?eprss~ntatives, successpn and ass~yn~ of tl~e parties hereto.
Md s+id Mortgsyors. for themtelves ud their hein. ls9a1 rep~esentativd, suctessors snd assipns, hereby jointly ~nd severally covenant ~nd apr~e
to anc! with the said MORTGAGEE, its iuttesson ~nd ~ui~ns:
1. To pay ~II ~nd sin9~lar the principal uK! intuctt and tF» vario~s ~nd wndry sum~ of moneY p~Yabk by virtus of ssid promissory note. ~rw! this
matq+pe, escF~ and wary. promptly on th~ dayt retpectiwly the sam~ wv~r~lly becom~ due.
2. To p~y ~N a+d si~gvl~r tht taxa, as~asrnen». Iev;ss. liabil»;es, oblip~tions and ~ncwnbrances of every nawre and kie~d now on s~;d deuribed
propKty, a that here~fter maY be in+Posed. suffaed, p~+csd, levied, a ~aes~ed thereon, o~ that hereafter may be levied w assessed vpon this ~
a tl+~ ind~btedness secured hereby ~ach ~nd ~wry, when dw and p~yabl~. aawdinp w iaw, bafore ~Mey bec«ne deli~quent, and belat ~ny int~ts~~f i
atteches w arry penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAtI BE PROMPTIY SATISFIED AND D15CHARGED OF
itECORp AND THE ORIGINAL OFFICIAL OOCWNENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC710N PAPER OFFICIAI[Y ENOORSEO
OR CEQTIf1ED) SHAtI SE PLAtfD IN iHE HAMDS OF SAID MORiGAGEE WlTy1N iEN DAYS NEXt AfTER PAYMENt; snd in the event that ~ny thereof •it not
psid, s~t'afied and disct?arged sa:d MORTGAGEE may at ~ny time pay the same w a~y part thereof withovt w~iviny w affectirg any aption, lien, ~q~riry or
•iQht u~d~r or by virtue of thii mortgage and the f~(I ~mount of each and every such payment shall be immediately due and payable and thall btai inttrat
~•om the date thereof until paid st r~te of nine per centum per ~nnum and toyether w~th ~uth interest ~MII be secwed by the lien of th:s mwflta9e.
~~OORII~~ ~ BQaK~~ Pai~~~J~~
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