HomeMy WebLinkAbout1328 . , 223399
2nd February • ~?.o. t9 ~2 - b~rWea~,
THIS INDENTURE, IW~ the day of
Noward k~. Metzger and Florence J. Metzger, his wife _
of St. Lueie ~p~~~y Flw~da, h~re~n~fte~ deig~ated as th~ "MORTGAGOR;' and FIRST iEDERAt SAVINGS AhD LOAN
ASSOCIATION OF fORT PIERCE, a mrpwat~on org~nized ~nd ex~ttiry under tM laws of tM Un+ted Stat~s of Amer~c~ and Mvinp its p?u+cipa~ p~+c~ of
bus~neu in tM City of fon Pi~ru, St. luci~ County, Florida, her~ina(ter detpna~ed es tl» "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indebled ro tAe MORTGAGEE in the sum of f 5~ , good and lawful monsy of the U~~ted
Srates advanced by ihe MORiGAGEE unto the MORTGAGOR, as evidanced by a certa~n prom~asory note of even date herew~~F~, oi wh:ch the loilow~n~ in
wo~ds and figures ii s trw copy, fowit:
s S, 000. n0 ~,i, 3-17 . 911 _
~n P;H«. F~a;d,, February 2. 19~
Fp value received, i, we or either of us, prom~x to pay, without defalcat:on, to the orde~ of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
~ORT PIERCE at Fort Pierce, Florids, the sum of S 5~~~ w~:h inrerest fiom date st the rate of 7• 5'e pe? anr.um, in monthly insull-
•~e~ts as fo'.:ows: s 53 .O~ ~ t~ ISt d~y of Apzil , ~9?? and • like sum on the correspond~ng day of each month there-
arrer untii the whole be fulty paid.
Each installment first shall be applied in payment of ths interest ~nd then on the urtpaid bslance oi 1he pr~nc'pal sum. If d au(t is made ln 1he
;,Yment of any instatlmenl when due, and such defauh continues 30 daya, the~+ at the optio~ of the holde?, and witho~t any othe? notice, all tl+e remainiog
~~siallmer.rs shail be d~e and payable at once. Privilege is given to p~epay this note in whok or in part a1 sny time withoui penalty. Neither forcbear~nce,
~or acceptance by the ho{der thereof aftcr any default in any payments hereon, shall be deemrd extension. A la!e payment charge o! S 2• 65 sha~~ be
added ro eech ~nstaliment rcmaining unpa~d 7 days after itt due date, and a Iike ium shall be added to each such instaiimem remaining unpaid 7 days after
each succeed'+ng payment date.
Each maker, surety and c~dorur hereof, jointiy and severally, walves demand, presentment protest and rwrice of protest fw ~onpayment, and furthe~ #
agrees to any exiension of time of payment, eithe~ before o~ after matur~ty, without not~ce fo any of us; and ta pay all costs of collection, includ;ny ~
:easonable attwney's fce in the event of any defautt F.ereunder, and hereby severally wa~ves a!1 be~efit of homestead and e:emption under the constitutan
-~~d laws of each S~ate of the United S~stes, as against this obligation w any extension or renewal hereof.
W~tness the F?and and seal of each party.
s/Hoa?a rd W. Met zge r ~~q
cs~?u
s/Florence J. Metzqer ~~i~
; a?' ~ ~ St~te Revenue
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring p~yment of said sum of S S~~~' ~ and the performance of the `
covensnts ~nd ~greements i+e~einafter expressed, snd for d~~e.• good and valuab:e constderations, by these presents, does grant, baryain, sell, rem~se,
re:eax, convey ~nd conlirm unto the AhORTGAGEE, ib s~ccessors and ssaigns, sIl that certain lot, piece or parcel of I~nd, situ~te, lyiny, and beinp in the
~W~~ ~ $t. j.11Cle and State of Fforida, dewibed +s follows:
Lot 6, Block G, Maravilla Estates as recorded in Plat Book 8, page 77 of the
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Pub2ic Records of St. Lucie Cousnty, Florida,? E
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~ rc,gether w~th •11 and singular the tencment~, heredit~menri a~d ~ppurtances thereunto belonginy w in anywise ~ppert+inirg thersro, and sll rtnt~, iuws,
proceeds ~nd prof~ts ~cauing and to xcrue from said premises, all of whid~ are +r?cluded in the above and fw~poiny description ar+d hsbendum.
TO MAVE AND TO HOID the ~bov~ deuribed and 9ranted premises unto the said MORTGAGEE, it~ successors ard auiym fwevN. Md t!w s+id
s' their
~ MORTGAGOR fa hein, execvlws, adrninistratws and assigns, Fxrsby covcnanri with the said MORTGAGEE, its sutc~swrs ~nd ~~siprn,
y fhar - th ~ a re Iawfully seized of the said pr~mises in fee iimple; that the s+rrM ar~ fret, clesr and discharped from ~II liens u~d ~ncum-
' brances in Isw w in eq~ity, and thst th~ ,,,,;u a~ their ~irt shall warrant and d~fend the titl~ fo tht HrM to the said
MORTGAGEE, its tucceuors +nd suigns, fuever againit the lawful clsims snd demands of all perwns;
- oROVIDED, AlWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the promisswy note hcreinbefor~ dewibed u~d sMll t?uly, promptiy
' and fulty pcrfwm, d~sch+rge, execute, compkte, comply with ~nd ~bide by each and every the stipvlations, a9reertwnts, conditions and covenann of s+id
- prom~ssory rate and of this Mwtga9e, then this Mortgaye ~nd the Est~te hereby veated sMll uau ~nd bt null ~nd void.
IT IS UNDER5100D that the wwd "Mwtgspw" whether in the sinyulu a pi~r~l anywhere ln this Mwtyaps, ~hall be sinyutu if on~ only ~nd
- ahall be plur~l jointly ~nd sererally if mwe than one, and that the wwd "their" ~s vsed anywhere in tha Mottyaye shall be take~ to mtan "his;' "htn;'
or "its;' wherever the conte:t w implies w+dmits. Alio, tMt wherever there is ~ refere?rce in the covsnanri and ayreements herein contained to ~ny o~
the p~nies hereto, the ~ame ahall be construed to mean as wel! ~s the heirs, {eysl rtpresent~tives, s~ccessors a~d assiynt (eitF?er volunury by act of the
parties or involuntsry by op~ration of the law) of the same and th~t the covenants herein contsined shsll bind and the benefiri ar+d advant~qes irw~~
ro the respective heirs, legal representatives, succeuwt +nd ~u~yns of the parties Aereto.
- Md siid Mortg~gors, fo. themselves and their hein, leyal representativea, succes?as and ~ssiyns, hereby jointly ind severalty cov~nsnt snd apree
+o and with the s+id MORTGAGEE, its successon and ~uigro:
1. io pay all and sinpular the principsl and interest and the various a~d tundry sums of money payabk by virtve of said promisaory note, and thi~ i
- mortg~e, ~+ch •nd every, pomptly on tht days respectively tM same sevtrally become due.
2. To pay all •nd ~irgul~~ the taxa, assesimenn, levies, liabilitics, obligations snd tncumbrances of every n~ture and kind now on Nid ~tsaibed
' property, a that hereafter may be impwed, wffer~d, placed, levied, or asseued thereon, a that hcre~fte~ may be kvied p aasessed ~pon fhis Mortp-
age, a tM indeb~ednest secured he+eby. ~ach and ~very, whe~ due ~nd payable. ~ccordiny to I~w, befae tF?ty become delinquent, and befw~ ~ny inte~~s~
: a!tathes or ~ny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII 6E PROMPTLY SA~ISFIEU AND DFSCMARGEO Of ;
RECORD ANO THE ORIGINAI OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOORSED 4
- OR CERTIf1ED) SHAII BE PIACED IN THE HANOS OF SAID MORIGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event thaf a~y thereof K no?
paid, sN'sfied and diuharged sa:d MORTGAGEE may at any t~me pay the same o? any paA thcreof without w~ivinp or a(fccting any option, lien, equity a
•~qhr unde. w by virtue of this mo~tgage and the full amount of each and every such payment shall be immediately dve and paysble •nd shall bear interest
<<om the d~te ~hereof until p~~d at ra~e of nlne per cenrum per an~um Ioo th such in+erest ih~ll be secured by fhe lien of th:s mor9t~e.
a~~K~~ ~~E132? _
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