HomeMy WebLinkAbout1407 ~0714~ ~
THIS INDENTURE. Made the ~th d f ' ~ April A.D. 19-71, b~r~een
ar~ Sauer,~ Jr. and Barbrira L. Sauer, his Wife _ _ '
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of St• I•ucie CW„~y Flwldi, hereinafttr desegnated ss the "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND IOAN ;
ASSOCIATION OF fORT PIERCE, • corporetio~ oryanized and exis~ing under tM laws oi the United St~tts of America and having lb principal place of
6u~ineis i~ tlw City of iort Pi~rce. SI. lucis County, Florida. hcrei~ait~r deiipnated ai tF+~;'l~tOijTGA(i~E_'
WHEREAS the MORTGAGOR is jvsNy indebted to ths MORTGAGEE in the sum of = j~~x~'~U good and lawful meney of the Un~ted
Siates advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by s certai~ promissory note of even date herew~th, of wh~ch fhe (ollow~ng in
..ords a d Fiyures is a true copy, Iowit:
s , 3,aoo.~ ~ 5-~ 6,9;1
Fwt Piercs, Florida, April ~ ~q 7~
Fw value received, 1, we or either of us, promise to a, withovf defatcation, to fhe orde~ of fIRST FEOERAI VINGS AND IOAN ASSOCIATION OF
GORT PIERCE at Fort Pi1e~rce, Florida, the sum of = ~ 3~b~'~ with interest from date a1 the rale of ~_'~'n per annu~n, in monthly instali-
~•,ents as foQows: S~ ~ u•~ - a+ 1he ~ 5th day of ~y 19_ 71._ and a Gke sum on the correspond~ng dey of each month thero-
attrr until the whole be fully pald.
Each ~nstallment (irst shall be applied in paymeot of the interest and then the unpaid bala~te of the p~inc:pal wm. tf detault is made in the
~.,yment of any inatailment when due, and such default tonti~~es 90 days, then at the optio~ of the hoider, and w~thout any other nof;ce, all ~he remain~ng
nsraflments shatl br due and payable at once. Privilege is given to prepay this note in whole or in part at any time withoW {n:nalty. Neither forebearatue,
r.or accepta~ce by the holder thereof after any default in any psyments hereon, shall be deemcd eY~ension. A ~ate payment charge of 5--~ shall be
.+dded to each instaUment remaining unpaid 7 days a(tN its dw d~te, and a!~ke sum shall be added to zach wch installment remaming ~npaid 7 days aht~
e~ch succeeding payment date.
Each make?, surety and endorser hereof, jointly and se+erally, waives demand, presentment protest and no~ice of profest for nOnF~syment, and (urthe• E
egrees to any extension of nme of payment, either before o+ after maturiry, without not~ce to any of us; and to pay all casts of colirct~on, includ:ng a
~~~senable attomcy's fee in the even~ of any default herounde~, and hereby severalty warves atI benefit of homestead and ezt•npt~on ~nder the constitution
.d laws of each Stafe of the Unitcd Stares, as against this ob{igation w any extension w renewal her~of.
Witness the hand and seal of each party.
S~ ~I'1 1.. Sauer Jr. (SEAI)
. • . - s Barbara L. Sauer ~sea~~
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~ (SEAI)
d~ t~ ^ ~ (SEAU
0• 4~' ) Ststs Revenue
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NQYV. THEREFORE, the MORTGAGOR iw the purpose of securing payment of isid sum of i ~ 3~ 6~ ar+d the performance of ths
covenants •nd agreements hereinafter e:pressed, and fw divers 9ood and valuabte considerations, by theu presents, does gront, Aarga;n, se~l. rem~se,
re:ease, convey and confirm unto the MaRTGAGEE, its successors ~nd assigns, all that ceruin lot, piece or percel of land, situate, lying, and being in the
County of Lucie ~nd Stat~ of Fforida, desv~bed ~s follows:
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The East ~ of Lot 11 an~ all of Lot 12, Block 2, SUNRISE FSTATES,
as per plat thereof on file in Plat Book 8, Page 75, of the
'i Public Records of St. Lucie County, Florida,
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' C`~~;:u'+IF~17A~•' ~TN~,P TAX KN01"ILES, 1~
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g J ~ - arR "71 ~ _ ~ ~~~,t tct ~
~ N c°.~ = + t Luc:e u~•~Y jax Collector
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~ p~.!sc~~: By ~
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!r • , ~tt ~
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~ roqether wlth all a~d s;ngular the tenements. Aereditaments and appurt~nces thereunto belongirg or i~ anywise ~ppertaininq therato. •nd •U rents, issues, ~
~ o~oceeds +nd p~of~~s accru~ng snd ~o accrue from said premises, all of which are included in the sbove snd fweyang dexription and habendum. $
TO 11AVE AND TO MOID the above desuibed +nd yramed pramises unto the said MORTGAGEE, its successws and assiyns forevtr. And ~M s~id
~ their
r, h10RTGA R fw he~rs, executon, administratws and +ssigns, hercby coven~nts with the s~id MORTGAGEE, its successws and ~ssipm,
` !hat ~e Iawfully se~zed of tM said premises in fee simple: that the same sre fr~e, cle+~ and diicharged from all lie~u and encum-
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x b.ances in law or in equity, and that theY w;il ~nd their heirs ihall wa~?ant a~d defend the title ~o the ume to tl» s+id
MORTGAGEE, iti iucceuws ~nd assign~, ~orever ayainst th~ I~wful claims and demands oi a!1 persons;
- PROVIOEO, AlWAYS that if the MORTGAGOR sMll p~y uMO Ihe MORTGAGEE th~ promiuory note hereinbefwe desvibed and shaU truly, promptly
and fully perform, d~xharge, execute, complete, comply with ~nd abide by each ~nd evcry the s~ipula~~ons, ~greements, conditions and covenar?* of said
:,'i promissory note and of this Mortgage, then this Mort9pe u+d 1he Estste hereby cre~ted sF~all ce~te snd be null snd vo`d. ~ ~
' IT IS UNDERSTOOD that the wwd "Mwtya~w" whether in tl+e •~~yular w ptwsl anywhcre in th7• Mortgage, shafl b~ sinyvlar if or+e only and
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shall b~ plur~l jointly snd severally if more than on~, and that tM word "theii' ~s u~ed anywhere in this Mortysge shall be t~ken to mean "his,•• ••her~;' ~
o~ "its;' wherever the conteat so implies or admits. Also, tMt wherever there is • referenc~ in the coven~nts and s9reemenri here~n contained ~o ~ny o~
- rhe p~rties F»reto, the same shall be consrrued to mesn as wetl as the heirt, leqal representatives, succeuas and essi9ns (either voluntary by act of tM
parti~s w involuntary by opera+iw~ of the law) of the samt and that the covenants herei~ contained shall bind and the benefits and advanfay~s inws ~
- ro tht respective he~rs, leg+l representatives, successors s~d ass'yns of the parti~~ hereto.
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Md iaid Mortgayws, fo~ themselvcs and their hein, ley+l representatives, iucceswrs +nd assign~, hereby jointly and uver~lly covenant end ayree '
ro and with the said MORTGAGEE, its successas and auiyro: ~
- 1. To pay alt ~nd singular the principsl and interest ~nd the various snd ~undry sum~ of money psyable by virtue o~ said promisswy ~ote, and this
- mony~ys, e~ch and every, promptly on the days respectiv~ly the sam~ sev~r~Ily becan~ due.
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2. To pay all •nd s7ngul~~ the ta:es, as~essm~nb, I~vies, Ii~bilit~es, oWiyatans and e~c~mb~arxes of eve?y narure and kind naw on said described
p.operty, p that hereafter may be impwed, suffered, pl~ced, levied, a+ss~usd thereon, w tF~st hereafter m~y be levied a usessed upon this Mort¢
3 sye, a tlw i~bted~ess iecured hereby, each ~nd w~ry, when due and pay~ble. ~ccadinp to law, befae they becom~ detinquent, ~nd befora any inttra~ ~
~a attaches or any penafty is incurrcd; AND INSOFAR AS ANY TNEREOF IS OF RKOR~ THE SA1WE SHAtI BE PROMPiIY SATISFIED AND DISCHARGED OF j
- REtORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INST/1NCE, THE TAX RECEIPT OR 1HE SATISfACT10N PAPER OfflCUllY ENOORSEO
OR CERTIFIEO) SMAtI EE PlACEO IN iHE HANDS Of SAIO MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; and in the event that •ny lhereof is not
- pa~d, s~t sfied and discharged sa d MORTGAGEE may at •ny time psy the same w+ny p+?t ~he~eof witlw~t waiving or af/ecting any option, lien, eq~ity or
~ •~~ht ~nde~ w by virtue of this mortgage •nd the full amount of each and every tuch psyment shall be immediately due snd pay+ble and shall bear intereft
~rom the d~te thercof umil paid at ra~e of n~ne per centum per annum and topether w~tA such interest shall be secured by the lien of th:s morgta9e.
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