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Home My WebLink About1273 Y ' 221319 THIS INDENTURE. Made the ~ 7th day of December A.D. 19~'-. bN~een William E. Teschner ~nd Janfce (l.' Teschner, his rrife of S~i. L11Ci@ County Flwida, hereinafter deignated a~ the "MORTGAGOR,° and iIRST FEOERAt SAVINGS AND IOAN ' ASSOC~ATfON OF FORT PIERCE. • corporaf~on or9ani:ed and ex~i~ing under th~ laws oi the U~~ted S~a~os of Ame:ica and havin9 its pr~nupal placs of ; bus~nes~ in tM City of Pori P~erce, S~. lucie County, Fiwida, herainaf~nr dea:pnated as th~ "MORIGAGEE:' - WHEREAS the MORTGAGOR is justly indrbted to the MORTGAGEE in the svm of S ~2~'~------• 9ood and lawful money of the Un:1ed S!atet ad~anced by tne MORTGAGEE unto the MORiGAGOR, as evidrnced by a certa:n promissay note oi e+en date he~ewah, of wh:ch the icilow~ng in .~ords and figures is a t~ue copy, to-wa: s ~2~.~ Na 3~~7s7K3 T1arPmhFr 17 ,s ?1 torr r~erce. riwiu•. - For value received, 1, we or either of us, prom,se to pay, wi~hout defa(cai~on, to the order of FIRST FEDERAI SQAVINGS AND IOAN ASSOCIATION Of iORT PIERCE at Fort Pie~ce, Fbrida, the sum of s~ ~-i?~~_~ - w;th ~nte~est Irom date at the ra~e of °o per ann~m, in monthly install- ~~enes as foliows: 5--~~~•~ on the ~ St' day of F@b~a~ ~9_72 and a Gke sum on the correspond~ng day of each month there- atrer until the whole be fufly pa:d. Eath installmem first shall be applied in payment of the inttrest and then on the unpa~d balance of the princ pal sum, If d au!1 is made in the ;,,ment of a~y insrallment when due, and such defavh connnues 30 days, then at the opt~~n af the holder, and w~+ho~~ any other not~ce, all the ~emain~ng ~~stailments shaii be d~e and payeb~e at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Ne~ther iwebearance, r~.or acceptance by ~he holdtr thereof after a~y default in any paymeros hereon, ahall ~e deemed eatens~on. A ~ate payment cha~ge of S- • 0_-, shatl be ~d ied ?o each installment ~emaining unpa~d 7 days after its due date, and a;ike sum shail be addrd to each wch [ns~altment rema~ning unpa~d 7 days after rech suueeding payment date. Eacn maker, surety and endorser hereof, jointiy and severally, wa~ves demand, p.esentment protest and notice of p~otest for nonpayment, and f~rther aqrees to any extens~on of nme of payment, either before or after matunty, withou~ nonce to any of us; and to pay al! costs of collect~on, includ:ng • ~easonable a~rorney's fee in the event of any default hereundrr, and hereby severally waives atl benriit of homes~ead arx! exemption under the co~stitution ~:~d ~aws of each S~ate of the United States, as aga~nst this obligatioo w any ex~ens~on a renewal hereof. Witness the hand and seal ol each party. s/ William E. Teschner ~seau ' (SEAU s Janice G. Teschner (SEAI) cs~?u , b. 30 ~ s~a~~ R~„~~~ .~s,.a~pa i.n~.u.~L a. origir?+L ww~ NOUY, THEREFORE, the MORTGAGOR for the purpose of secvrireg payment of s+~d sum of S ~ ~~2~•~ and the perfwmance of tM covenants and agreements hereinafter expressed, and for divers good and valusble considerat~ons, by these presents, does grant, barQain, selt, rem~se, . f release, convey and confirm unto the MORTGAGEE, irs succeswrs end assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the ' County of St . I'uC le and State of Flo~ida, drscribed as follows: i i Lot 1 of Block 1!t o_° MARAVII~LA PLAZA. according to a plat o`_' said Subdivision, s on file in Plat Book 5 at page 44 of the public records of St. Lucie County, 5 Florida. ? ; ' eLSO: Beginning at the northeast corner of Lot 70, in MAP,AVILLA SiTBTJIVISIO*I ~ in Section 21, Township 3~ ~uth, Range 40 East, according to a plat o° said - subdivision recorded in Plat Book 7, at page 31, of the public reoords of St. ~ Lucie County, ~lorida; thence run 4~est along the north boundary of said lot ~ 1~0 feet; thence southr~-esterly along the East boundary of 15 foot alley to a ~ point on the south boundary of said lot 150 feet ~rest of the southeast corner ~ of said lot; thence along the south boundary o;' saici Iot to the southeast corner : of said lot; thence northeasterlq along the east boundary of said lot to place of beginning. ~ RECf1VED -_~v IN P4'!!~"~ TaXt~ ~ LL~ u k~ U A D'JE ON CIASS 'C' INTA~IGiBIE PErS_':1.~ 3r ERIY, 5(~-. . C• n:, _ PURSUA.YT TO C11AP'TFR ZD724. AC(S OE lS,i1~ ' c~ ,v~..s'- : i ~ T, _ ~ ~;:;-~P Tn.X ~ ~ - _ R06ER POITRAS, Clerk Circuit Court ~ G _ G~C3~~~i ~ = as Agertt fot OtiNIEL KNOWLES, Jlt ~ V ~ CEr:.o~ iE.. . = ~ s ~ ~ St Lucie r-~~ - Ccwr.t; Tax Colleetar / Y ti. 19 3 i ' Z _ `-"z= ~ = ~yy~ Q1 J . Br ~~<< ~ D.r~;l(Y Cl.f~( ~ rogether w~th all and singulsr the tenements, hereditaments and appurtantes thereunto belonging or in anywiu appe?tsining thereto, and al) renri, iaws. proceeds and profits accruing and to accrue from said premises, sll of which are included 'en the above and foregoing description ~nd habendum. :i TO HAVE AND TO HOLD the sbove dexribed and yr~nted p?emixs unto the said MORTGAGEE, iti successors and usigns forever. Md t1?~ said v` MORTGAGO?R for theil-- ~~~s, execurors, administ.ato~s and aasigns, hcreby covenants with the ssid MORTGAGEE, its s~ccesso?s and auiyns, = rhat ---y+~i-~~' - la'wiully seized oi the said premises in fee simple; that the same are iree, clear and dixhsr9ed from •II Iiens and ~ncum- brances in law or in eq~ity, snd that t~y will and their heirs shall warrant and defend ~he title to the same to tM said MORTGAGEE, its'wccessors and ass~gns, forever against the lawful claims and demands of all pcrwru; - PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the p~an~sswy iwte here7nbelore dexribed and shall 1rvIV. P?«^D~~Y - and fully perform, d~scharge, eaecute, complete, comply wirh and abide by each and every the stipula~ion~, agreements, condirioni and cove~anri of wid promissory note and of this Nbngage, then thls Mortgage and the Estate hereby aeated shall cease and be null ~nd void. ~.J';, IT IS UNDERSTOOD that the word "Mortgsgo?" whether in the s~ngular or plural ~nywhere in this Mortgspe, shatl be singular if one only ~nd ; shall be plurol joinlly •nd ~ever~lly if rtwre than one, and that the word "their" as used ~nywhere in this AAwtgape ihall b~ t~ken to mean "his:• ••hers;' , or "iri;' wherever the conte:t w implies w ~dmits. Alw, that wherever there is a reference in the covenants end agreements herein cont+ined 10 ~ny of ! ehe parfies hereto, the same ahall be constrved to rtkan af well ~s ihe heirs, legal r~presentativef, successors and assigns (either volunt~ry by ~ct of the psrties o~ involuntary by operation of tF~e Iaw) of the sarne and th~t tha covenants herein confained shall bind and the benefits and advantpes inwe - ro ths respective heirs, legal representatives, •~ccessors and ess~yns of the parties hereto. And said Mortgagors, fw themxlves and thei? heirs, 1e9a1 representatives, successo~s and essigns, hereby jointly and severslly coven+nt •nd ~qree to and with the said MORfGAGEE, irs successws and asi~gns: 1. To pay all ~nd sirqular the principal +nd interest snd the variovs snd sundry sums of maxy payable by vi~tue of said promissory note, and this _ moatype, s~ch and eve?y, promp~ly on the days respect~vely the ssme ~everolly become due. 2. 1o p+y •II and singvlar the t~xes, ssiessmentt, levles, Ii~bilities, obligations and encumbr~rxes of every nature and kind r+ow on iaid dewibed property, a th~t heresfter may be imposed, auffered, plated, levied, w+sses~ed thereon, a that hereafter may be Ievied w assessed ~pon this Mwtg - age, w tM indebtedneu taured hereby, each anA ~very, when dve and paysble, accwding to law, before they become delinquent, ~nd b~fw~ ~ny inter~st _ aftaches a any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO TNE SAME SHAII BE PROMPTf.Y SATI$FIEO AYO DISCHARGED OF RECOR~ AND THE ORIGINAL OFFICIAI OOCUMENT ISUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISfACT10N FAPER OFfICIAIIY ENDORSED - OR CERTIfIED) SNAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN UAYS NEXi AFTER PAYMENT; and in the event that any thereof is not ps~d, saYsfied and discharged sa d MORTGAGEE may at any time pay the same w any part thereof without waiving or affecting any option, lien, equity a •ipht ~nder w by virtue of this ~*wrt9aye a~d the full amount of each and every tuch psyment shall be immedutefy d~e and paysble and shall bear interes~ , om the date thereof unt~l pa~d ~r ra~e of n~ne per cemum per annum and toge ~yv nteres~ ~red b ~he ~er, ol th:s mor t ,:-:z 'r ~ ~k'~~ ~~l;f Y ~ 9