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Home My WebLink About0228 20639e TNIS INDENTURE, Made t!x 9t~1 day of Febr~ry A.b. 19 71 , b~ •.,cen _ S~ Corman 8ltuuenthal ~nd Lois S. B1~gQnthal_ his wife ~ of ~t• Lucie tp~nty Florids, hereina(ter desgnated as the "MOkiGAGOR," and FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation wganizrd and exis~ing under the la•~nrs of the Un~ted Statas of Ame~ica and Mving its principal pt~ce of bus~neu in tf?e City of Fort i~i~rce, St. lucie County, Ha~da, here~nafrer des+gnated as ~he "A10RiGAGfE:' WHERfAS ths MORTGAGOR +s justly indeb~ed to the MORTGAGEE io the sum of S 2~ ~~Q good and lawiul monev oi the Un ted Siates advanced by the MORTGAGfE vmo the MORTGAGOR, as e~~der.ced by a ce~tam promissory note of even date herew~ih, of wh~ch ine following in nords and figures is a t~ue topy, to-wit: ~22~500.00 No_3-16,793 \ F«~ P~~.«, Flwida, F2bruary 9 _ 19_~ `ti Fa value received, I, we or either of us, prom~se ro pay, without defalcaiion, to the ordrr of FIRST fEDERA~ SAVINGS A'JO LOAN ASSOCIATION OF FORT PIERCE at Fort Pierte, fiorida, the sum of j 22 ~ SQ0~~0 M,nh interest from date at the rete of 8~?So per ann~~n, in moathly install- ` ^ents as fo1lows: s 192 ~~U on thel$th day of `~arch ~9_ 71_ and a Gke sum on the correspur.d~ng day of each monch ~here- ~'ter unlil ~he whole be fully paid. , ` Each ~nsraltn,ent fint shaN be appfied ia paYmrnt of the enre~est and then on the unpa~d balance of the prin~ pal sum. If defae!t is mrde in 1he ~ a~mant of any installment when due, and such clrtauh coroinues 30 days, then at the option oF the hoide., and withovt aay othrr not~ce, aIl the remai~ing ~~stalimeNS shail be due and payable at once. Priv~lege is glven to prepay thfs note i~ whole ar in parr at any t~me w+~.+ou• penalty. Neither iwebearante, ' ~~or acceptance by the hotder thereof after any default in any paymenrs Fiereon, shall be dee.med exrenaion. A late payment charge ot S 9~ 6O _ shall be +ddrd to each installment rem~in~ng unpa~d 7 days after its due date, and a Gke sum shall be added ~o eacfi auch insrallment remaini~x~ unpaid 7 days after each tucceeding payment date. - Each maktr, surety and endo+ser hereof, joEntly and severaily, wa~ves demand, present~nenr protest arrd noti:e of protes? for nonpayment, and further a~rees to any ezfension of tin:e of payment, eirher before or aher matur~ty, without notlce to any of us; and to pay aIl costs of coltection, inctud~ng a r,,sonable attomey's fee in the event of any defauit hereunder, and hereby severally wa~ves alt benefit 6F homestead and exemption under the constitution ;~,d taws of each Srete of the United States, as against this obi~gation w any extens~on or renewal htt~Qf. ` Witness the Aand and seal of each party. t' , . . l) ~ Al) . . _ . /s/ Lais S. Blumenthal ~i~ 33 ~75 t State Reveeue • ~~1) ) NOW, TMEREFORE, the MORTGAGOR {or fhe r 22 5~~~ pu pox of ucuring psyment of said sum of = ~ ,•nd the perfwmance of tM covenants and agreemenq he?einefrer expressed, and for d~vera good and valuable consldrrat:ons, by the» presents, does grant, baryain, aell, rem~se, r~~~ease, convey and confi~m unto the MORTGAGEE, its successo.s and auigns, atl that certain lot, piece or parcel of land, situate, lying, and being in IM Counry of $ t. L uc ie ~ snd State of Pbrida, desvibed as fallows: ~ i i Qx IIIIIIIpfltl' Apart~ent Yo.C-2-201 of the COLOtiI?~ADES ~C1~D0!?lINIL~fS ~~h u~ ; NO. l~ accarding to the Declaxation of Condominiurn ' Ya M ~ recorded in O. R. Book 187, page 769 ~ of the ~ Public Records of St. Lucie County, Florida, as M amended by that certain instrument dated November i : 3Q~ 1970~ and recorded in U. R. Book 188~ Page r '~-=~'r~.`~! { 1748, of the Public Records of St. l.ucie County, Q~;~~' Florida~ together with ali appurtenances thereto~ ~,~,J~ ~ together with an undivided interest in the common ~ ~ 'r-~ ~ a~ elements and 2imited common elemer.ts thereof, Q~ ~ a ~ ~~'U = a ~ n ~ ~0~~lUIII!!I°v~ v RfCENED ~ S~ YI MYYQIT OF TAXES ' DUE ON CLASS ~C' (KtAN6Mt~ PERSOMAL ~i~OPEQIY, PU.^.S;iANT 70 t~i11PTfR t012~, JICiS OF I941. AlNf10~ R06CR POITRAS. qc~k Ckadt C~ort 3!~tll '1S ~t ~eM fot DAlilf,l N. IU101M1E~, J ~ Lup~ Co~nty Tatt Cdkc~or gy G r~ge+her with all and sirgular the tenements, he~editaments and appurt~nces thereunto kre ing w in a~Tse~ap~t~ining tF~ereto, •nd ~11 rents, iuws, oroceeds and prof~ts accruiry and to accrue from said premises, alt of wh~ch are included in the ~bove and for e9a^9 destription and FNbendum. TO HAVE AN~ TO HOID the above described and granted premises umo the said N{ORTGAGEE, its s~ccesso~s and assigns forewer. Md tFw uid , their MORTGAGOR fw heirs, eaecutors, administrators and assigns, hereby covenaofs with the sa+d MORIGAGEE, ib suctesson arxi ~ssipra, rhat ~hey_ are iar„f„nY k;:~d of the said prem~ses in Fee simple; that the same are free, ckar irwJ dittharged from all leens and encum- brancef in Iaw w in eq~~ty, ~nd rlut they ~„d their heirs shall w~rrant ~nd def~r+d the title to the san» to the said MORTGAGEE, its successors and assigns, fwever against the lawful ctaims and demands of all persons; PROVIDED, ALWAYS 1Mt if the MORTGAGOR shatl psy unto the MOltTGAGEE the promissory note hereinbefwe deuribed and sMll trvly, promptly and fully pertwm, d~xha~ge, execure, complete, comply with and abrde by exh and every the stip~lafions, ~greeme~ts, conditions and covenanq of s~id p~om~ssory note and of this 1Nortgage, then this Mortgage and the Estate hereby created sMll cease aod be null and void_ IT IS UNDERSTOOD that the wwd "Mortgagw" whether in the s~ngular or plural ~nywhere in tbis Mwtgsye, sFull be sinyular if one only ~nd sh~ll be plural jointly and ~everally if more than one, snd that the wwd "the~r" as used anywhere in thit AAa~gage sF~al! be taken to mean "his,•• •.hen;' o! "its;' where~er the context so ~mpli~s o~ adm~ts. Also, thst wherever there is a reference in t1?e covenann a~d agreementi herein contained to ~m of the parties hereto, the same shall be construed to mean as well as the heirs, kgal representatives, s~ccessors ~nd assigns (eitlror votunury by ~ct of the parties or involun!ary by operation of the !aw) of tAe same a~d that the covenants herein contained shall bind ~nd the benefits and advantayes inure to the respective heirs, legal rep+esentatives, successors and ass~gns of the psnies hereto. And said Mortgsgors, fo~ themselves a~d their heirs, Irgal representatives, successws and assigns, hereby jointly and ieverally cove~ant and sgree eo and with the ssid MORTGAGEf, its successors and auigns: ' 1. 7o pay ~1! and singular tFee p~incipal and interest and the variovi and sundry sums of money payable by virtue of said promissory note, snd this ' mortgsge, esch and every, promptly on fhe days respectiveiy the same uverally becor?w due. ~ 2. To pay ~II snd singulsr the tsxes, asussmrnb, levies, Iiabilities: oblgations ~nd encumbrances of every nature and tcind ~r o~ said described _ properry, or that Ixreaite~ may be imposed, sulfered, placed, kvied, a assessed thereon, w that hereafter may be levied a asseued upon this MwtQ- +ge, w the indebted~ess secursd hereby, each and every, when due and payable, xcording ro law, betwe they become delinquent, ~nd befo~e a~y intere~~ attaches o~ any penalty is incurred; ANp INSOFAR AS ANY THEREOf (5 Of RKORD THE SAME SHAII 8E PROMPILY SATISf1ED AND UlSCHARGED OF RECORD AND THF ORIGIhAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSEO OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tiut any thereof is not paid, sa+ sfied and discharged sa'd MORiGAGfE may ar any t;me pay the sarr.e w any pert thereof without wa~ving w sffecting any option, lien, equity or •iqht under or by virtue of this mortgage and the full amo~:nt of each and every such payment shall be immcdiately due and payable and shall besr interest ~~om the date thereof until paid at rare of nine per centum per annum snd toge~her w~rh such interest shall be secured by ~he lirn of th:~ motqfape. k ~ 91 22? 5 dUJK : . ~