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HomeMy WebLinkAbout0263 2125~0 THIS IN~EN~URE, hlad~ ths ~ 6th day of . i~ ~ 'JII~Y ^ A.D. 19~~_ , b~:twefn _ Geor~e 1•~an~enstein a:~d I~rrtle :•:3neEYy4~riny i~ y~re af Jt. +11C~E: ~q~~~y F~;~, p~,•~ec~afw~ dssgn+led as ~hs "MORiGAGOR." +nd fIRST fEOiRAI iNY~NGS AtrD IOAN ASSOCIATION OF fORT PIERCf, a cwpaatio~ oryanized ~nd ea~s~~ w+de~ iM laws ot ~M Un~red Stai~s of Am~~ica a~d Mvirg in ~1flfllipJl PIKf of bus~nsss in ~I» Ciry of Fort Parc~, :t. luci~ Couory, Ftaid+, htreinaftK d~spn+t~d as tl+~ "MORIGAGEE." MfHEREAS the AhORTGAGOR is jwNy i~dtbttd W tM MORTL'sAGEE in tht sum of S ~~~8~'~--. 9~ ~^d ~awfvl money of the Ur.~ted Srates advanced by tM MORiGAGEE unto tha MORiGAGOR, as tvKlcncrd by a certrn p~omiuory nore of eveo date he~ew~~h, of wh~ch the folia..'•~ in ~orl 3~ tStJlt.lJVis a rrw copv. ~o-wit: _ ~ J~b,_~' i 218 . s Fort Pierct. Flo~ida. JU~}? ~ 6 19_~. ~ fw wlue received, 1, wc or eiiher of us, prom~1 3' ,Qa~: i~ t defatuiiun, to the ordcr of FIRST FEOERAI SAVINGS ANO lOAN A-SSOi.tATION OF fORT PIERCE at Fort Pir.ce. Fiw6da, ?he sum of f rs _ w~tF. interest from date at the rate of gz~ prr a~n+,r,, in monthiy ins~alt- ~,enu as ~ollows: _ ~ ~ 6•~ _ on the St d~y of No~•em~er , 19_~~_ and a like sum on the cwrespond~r9 wy ot each month thcre- ~j af~cr ~ntii the whole be f~~ty pa~d. Exh instalimrnt first slwll be applird i~ paymrnt of Ihe interesl +nd then on rhe unpa:d balance of ihe p~inupa~ sum, If de(sult is made in ti~e ~~ati•~nent of a~y insiaNment whrn due, and su:h de(aul~ conr~nues 30 days, then ai the option of the Falder, and w~fhout any o~her nouce, atl ~he rcmalniry ; ~~sraltments shall be due and payable af once. Priv~lega is given Io prepay tAis note io wFwle w 3o part at ary tivx without penalty_ Ne~ther farebearance, r nor acceptanca by rhe iAldrr thereof aiter any deFauit in any paymemi hereon, shall be deemed e:~ension. A late paymeM charge of S__ sh~~l be added to each ins?alimt~t ~em+:ning u~paid 7 days +i1N ib due dat~, and a li?e sum sha:l be added ~o each such instal~r~nt re:na~nir.g unpaid 7 d~ys +~fter each svcceeding payment date. , ~ - Each make., surcty and endo~ser hereof, jo~n~Iy and se~reratly, vra~ves de+~+and, p~esenrment protest and nefice of protesr for nonpayrr~ent, and further agrees to any eatensioe of time of paymem, e~ther before w after matu:ity, witb~uf not~ce to any o( us; and to pay all costs of collection, includ~ng ~ reas~nable attwney s fea in tM evem of any default t+ereunder, rnd hereby severalty wairea ail benef~~ of hooeea+ead and eaemption u~d~'r the constitution ,:~~d laws of each S~a~e of the Umred S~ares, as aga~nst this obl~gai~ a any e,ctens;oo or rerxwa! hcreof. ti Witness 1he hand and seal 04 euh party. ~ s/ George ~.~ang.enstein ~~U ~ : . _ , (SEAI) 8 I'~II'tl@ ivan~enstein ~/~U • . 3'20.7C , _ _ - ts~?~) State Revenue _i ~ NUW, THEREfORE, the MORTGAGOR fa rhe purpos~ ef secvrlrg psyment of s~~d.wm of t ~ 3~ a~,d the perfwmsnce of the ~ covenaen and apreeme~ts here+nafrer e:p~esud, snd fw divers good ~+d wlwbb cons~deratians, by these presents, does grant, ~arga~n, ull, remise, re:ease, convey and conf'am unto the MORTGAGEE, its wccessors ~no auigns, alt that ce~tain bt, piece w puce! of land, situate, lying, and being in the County af '~t . I'uC ~e ~nd Sute of Fla~da, described as fdlows: -':-^r: +.he *7crLheast corner of I,~t 20, o!' HOGG'S S~IPDIVISION, as per plat thereof on file in :_..1. ~ook 1, Page 19, of the Public :i~ecords of S+ . Lucie Cour,ty, ~ cri~a, r~:n ~ti~est along the lir.e of said Lot 20, 60`~.93 feet to thp intersection of the East line of Carol S,reet; •=~ce South 23° l~l' ::aet, along the ~as+ line--a~i:arol Street, 12? feet to thG Point of :~~~:~r.in~; Thence contin~~e on said ::a~t line of Carol Street to a goint which is 68.88 :'eet, _~~~_red aZong the :,~zet line of Carol Street, tJorth~resterly of the inter~~ction of the Horth , : o° the 60 foot ri~rt-o:'-~:ay of Airp~rt Road (the cer.ter line of Which airport Road, at # ~ f € point, is the South ~ine of abcve Lc± 20, of HC~~~ SLBDIVISI01!): thence run ~ast 10C ~ f f - thenc~ rur_. ?~ortr~,r•sst~rly, parallel tc the ::ast line of ~arol Street, t~o a print ::ast o: I "oir.t o_° 3e€inr.inL; thence r•sn "vies ~ 1 CO _°eet to the Point o:' Beginning. i ~ a rogether with sll and singular tha tenemen», hereditamenb ~nd ~ppwu~ces there~nto bela~yirg w i~ ~nywise appertaininy thertro, and ~11 rents, iuws, proeeeds and profits +ccru~rg snd to scvue from ssid premises, a~~ of whKh an i+rcluded in the +bov~ and foreqoirg dewiption and habe~d~:m. TO HAVE AND TO HOLD tFx +bove described a~d granted prem:ses unto tM said MORTGAGEE, its wccasas +nd auigns forever. Md tM s~id ; MORTGAGOR for ~=~'e~ r__- he~rs, executon, administratas and •ssgro, hereby covenants with tF~e said MORTGAGEE, ib wctesaon and ~asiprn, j i the are ' fhat lawfully x~:ed of th. sa~d premises in fe~ simple: tA~t the tamt ar~ fre~. clesr and oisch~r9ed from di liens and ~ncw~r ~ b:ances in law a in equity, s:~d thar thev Mrill and _ t~'.Bf-2` F~ein sh~ll warrant and defend the 'itle to the sam~ lo tM uid MORiGAGEE, its iuccessors and suigns, fwcver syainst the lawful claims +rd demands o~ afl per~s; 'r PROVIDED, ALWAYS that if fhe MORTGAGOR shall pay unto;he MORTGAGEE the qom~ssory note ncreinbefwe dsscribed a~d shatl truly, promptly ~ and fulty periwm, d~scharge. e~ecute, complete, cort~ply with ~nd ab~ds by e~ch and every the stipulat:~ns. ~yreements, conditions and covenanri of s~id promissory rote ud of this 1Nor~gage, then this Mwtysye ~nd the Est~te hereby ueated iha0 uas~ and bs null and vo~d- ~ IT IS UNOERSTOOD that tFie word "Nb:ty~gor" wF~ether in tbe s~npular w plwal anywhere in th~s Mat9s9e, shall be sinyulsr if one only ~nd _ ahali be plural jointly snd severally if mae th~o on~, and •~hat tM wwd "their" as used snywhere in this Mwtgye ~MII be taken to mes~ "h~s,•• ••h~n or "iti;' whc~wer th~ conteat w impiies a admin. Also, thst wherever there is s refererxe i.+ the covenana ~od ayreemena herein com+i~ed to sny of ~ !ke puties her~to, the ~ame ahalt be consnued to mean as well as the htirs, kyal rtpessnt~tivd, successors ~nd auigns (either volumuy by act of tA~ parties w involuntsry by ope?ation of the law) of the same and tMt the coven~nri herein cont~ined shall bind u~d the benaiits ~nd sdv~M~d inw~ ` ~ to the respect~w heKa, kyal represenr~tires, succeswn and au~gns of tht pxties hereto. • i ~ J1nd said Mwtysgaa, fa themselves ~nd their hein, 1e9~1 rep~eseMatives, successon u+d auiyns, hereby joinrly and sererally covenaot ~~d apree ~ to and wi:h the said NWRTGAGEE, its successors ansl auigru: 1. To p~y ali and sin9ulu the principal snd interest and the variovs and sw~dry sums of money payable by vinw vf said pomissory not~, ~nd this ~ mwt9ape, s~ch snd every, pomptly on the days respetlively the s~rne swerally becans due. : ~ 2. To p~y ail and ~ingul~v the taxes. ~uessments, levies, liabilities, obliyatiwn and encvmb~sr,ces of every natur~ a~d kind now on said desciib~d ~ Proplrty, a tMt F~ereafter may be inpo~ad, wffered. ~sced, levied, or +s~essed thereon, or that here~fte~ may be kv~ed or assessed upon tha Mort~- age, w tFr indebtedneu sec.?red hereby, euh snd every, when due u~d pay+bl~, xcadinQ to b,w, before they become delinqw~t, u+J befwe a~ryr imer~~s ~ artathes o? ~ny pe~+hy is incv~red; AND INSOfAR AS ANY TMEAEOF IS OF RKORD THE SAME SHAtI 8E PROMPTIY SATISffE~ AND DISCHARGEO Of RECOR~ AND THE ORIGINAI OfF1C1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OFFI~IAILY ENDORSE~ OR CERTIfIEO) SMAII 6E PLACED iN iHE HANDS OF SAIO MORTGA(iEE WITHIN TEN OAYS NEXT AF~ER PAYMENT; and 'en the event that any thereof i~ not ~ paid, saYsfied ~nd d~xharged sa'd NWRTGAGEE may at any t~me psy the same or any pan thereof without waiv~~g w af(ecting sny opt;on, lien, equity a •+phr unde? os by virtve of this mortg~ge ard the full smo~int oi esch and every wch payment shall be immrdiatety dve and payabte and shalf bcar ir~lerest y +rom the date thereof until pa~d at rste of nine per ccntum per annum and toyether w+th su~h i~d? shall be sec~red by the lien oi th:s mor9tape. BOGK 194 2 _ ~ - - - - - _ . _.F . . . ~ . _ _ _ . _ . c= . . . .