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Home My WebLink About0751 titiv111 THIS INDENTURE, Mad~ the 3rd d~y of ~rCh . A.D. 19 72 betwsen ROYAL PALM INVESTMENTS INC.. a F lorida Corporation of St. WCle ~ounty Florida, hsreinafta designa~ed as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF fOR? PIERCE. • mrpwafion orqanized +nd ex~st~ng unde~ Iha laws of the Un~ted Statai of America end havinp jt~ principal plate of busineu in ths City of Fwt Pierc~, St. lutie County, Fbrida, hereinafter desi9nated +i ths "MORTGAGEE:' WHEREAS the MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum of = 18+900•0O , good and lawful money of the Un~ted Statei advanced by the MORTGAGEE unto the MORTGAGOR; as evidenced by a tertain promiuwy note of even date herewith, of which the followinp i~ words and figures is a trw topy, to-wit: = 18~900.00 3-18.042 Fort Vierce, Flwida, ~rch 3. 19 72 fa value receivcd, I, we w either of u~, prom~ss to pay, without defalcation, to the o~der of F~RST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of S 1~ ~ 90~• with interest irom dafe at the rate of 7• S% pe? an~um, in monthly install- ments as fo!!ows: =153.00 1St ~y of `july , 19 72 and a like sum on the carespa+d~ng day of each month therr after until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the printipal tum. If d ault is made in the payment of any installment when due, and such defautt continues 30 days, then at the option of the holder, snd without any other noticc, all the remaining ~nstallments shail be due artd payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. NeitF~cr fwebear~nce, no~ acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed extens~on. A late payment charge of s 7• 6S shall be added to each installment remaining unpaid 7 days after its due date, and ~ like sum shall be added to each such installment temaining unpaid 7 days after each succeedirg paymem datr. Esch make?, surety and endorser hereof, joinlly and severally, waives demsnd, prexntment protest and notice of protest fot nonpayment, and further agrees to any extension of time of payment, either be(ore a after matu~ity, without notice to any oI us; and to pay all costs of mllection, includ~ny a reasonable attwney's fee in tha event of any default Ixrcunder, and hereby severally waives atl benefit of homestead and exemption under the constitution and laws of each State of the United States, as agai~st this obligation or any e,etension or ~enewal hereof. ROYAL PALM INVESTMENTS INC. Witness the hand and ual of esch party. BY: s/ Nicholas Vi~kovich ~U Corporate Seal Affixed President ATTEST: s/ Alexander H. Matz , $28 35 Secretarv-Treasurer ~ ( ' ~ State Revenve _ (Ea~ca~lkasasd~al~) NOW, THEREFORE, the MORTGAGOR fw the purpose of securing psyment of ssid sum of s 18 f 900. 0~ ~ tM performance of tFw cover?ants and agraementa hereinafter expressed, snd for divers good snd vatuable cauider~tions, by these presents, do~s yrant, bary~in, ull, remise, release, convey and confirm unto the MORTCaAGEE, its successws and assigns, atl that certain tot, piece or parcel of I~nd, situate, lyirg, and beiry in the County of St. Lt1Cl@ ~nd State of Flwid~, described as follows: Lot 21 and the East 25.77 feet of Lot 20, Block l, WAGNER SUBDIVISION, as per plat thereof on file in Plat Book 9, page 74, Public Records of St, l.ucie County, Florida, ; S-1A~i-c r~v~IU~? t~ ~ DCCUN;;a~1Td~••- STAi~P T~ X ~ CfAR-5"TZ /~".r'~.~ ~ . } ~ ~ ' 2 835~ i ' _ ; N U D(~i.W EEtiC4E - ~ - ~ ~T P~. N0112 ~ ~ ~~'lr„ MT~ ~ ' ~~t m ~Q n•l~. ~r = ~ ~ R~~ M{1~11~ pMt ~ ~rt !t l~N Ck RV s~ a a 3 i ~ogether w~th all and ~ingul~r the tenemenn, hereditamenb and appurtances thereuMO belonyinp or in ~nywise ~ppertaining thertb. ~nd all rentt, hsws. ~ p+oceeds snd profin acauirg and to acuw from aaid prem'~ses, afl of which ue incl~ded in th~ ~bov~ and foreQoirg dascription ~nd habendum. TO HAVE AND TO HOW th~ +bove desvibed ~nd 9ranted p?emises unto fhe said MORTGAGEE, in succeuon and auiym fw~va. Md th~ wid ~ MORTGAGOR fat 1 t 5 heirs, exetutors, administrators and atsiyns, hereby covenann wirh ih. sad MORTGAGEE, Hs wcuswrs ~nd ~ssipns, that iL 1S ~~Wfufly seized of the said premi~ in fee simple; tMt the same are fras, cku ar+d d'nciwryed from all Il~ro w~d ~ncwn- ~ brances in Iaw w in equity, ~nd tMt 1L w~~~ 1LS hein shall wa~rant and d~fend the titl~ b the s~+n~ to tM t+id ,MORTGAGEE, its successors ~nd aui~ns, faever against tM lawful cfaims and demands of all perwro; PROVIDEO, AIWAYS that if the MORTGAGOR sMll p~y unto the MORTGAGEE the promissoty note her~inbefor~ destrib~d snd shall t~uly, promptly and fuily pe.form, d~uMrq~, execut~, canplet~, comply with and abide by each and every the stipulatans, a9reemenb, conditian ~nd covenanb of s~id promiffo~y note and of this Mortpape, then this Mortype ~nd the Esrste her~by neated th+ll uas~ arx! b~ null and void. - IT IS UNDERSTOO~ tFut the word "Mwtypo?" whether in the :inyular or plural ~nywhere in this Matsp~, sMll be sinyulu if on~ only and shall b~ plural jointly and t~verdly if more th~n one. ~nd that the wad "their" as used ~nywhsrt in this hlort9aye shall b~ tak~n to meso "his:••'hen;• - or "iq;' whereve~ tht context w implies or admin. Alw, that wherever there is ~ reference in th~ covenanb and ~preernents herein tontairnd fo ~ny o/ ' ~he psrtis Fxreto, the same shall be const?ued to me~n as well ~s tM heirs, Ipil re~xesentatives, tuccesson and ~uiy~s (eitMr volumary by act o/ tht parties a involuntsry by optratio~ of the (aw) of the ssme and that the covenanti htrtin cont~ined thall bind and tF?e benefiri and advanta~es Inur~ _ ro the respectiv~ he~n, kyd representatives, successon and au°yns of the pert~es hereto. And said Mortqs9ors. for fhemselves ~nd their hei~s, ley~l representatires, sucusson and auipns, hereby jointly ~nd iev~rally covwunt ~nd apr~s - ro and with the said MORTGAGEE, in successo?t and assigns: > 1. To p~y all and tinpular the principal and imsrest u+d the wrious ~nd sundry wms of mon~y payable by virtue of uid promissory nott, +~d thit morty~a. exh and w~ry, promptly on tFw days respecfively the s~me severally beca+w due. 2. To p~y •II snd ~irgula th~ taxes, astt~sn+ents. Iwie~, lisbilities, obligatip» ~e~d encumbr~nce~ of every rutur~ and kind now on said desvibed ~ properry, a that he~eafter may b~ impo~ed, suffered. Pl~ced, levied, or a~eased thereon, a that here~fter may b~ levied a asses~ed upon this MwtQ- age, w tF» ind~btedncss secured hcreby, each u+d w~ry, when dw and paysbl~, accadinp to l~w, befw~ they become dtli~queM, uid befw~ u?y int~re~t a~taches a~ny penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD TNE SAME SHAII BE PROMPTLY SATISFIEO ANp DISCHARGED OF RECORD AND iHE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSE~ OR CERTIfIED) SHAII BE PIACED IN 1HE HANDS OF SAIO MORTGAGEE WITHIN ~EN DAYS NEXT AFTER PAYMENT; ar?d ie the event that any thereof is not ` : paid, sat'sfied and dixharged sa:d MORTGAGEE may at any t~me pay the sam~ a ~ny p~rt thcreof without w~ivirg w affecting any optio~, lien, eqvity or i : .iqht under w by virtue of thi• mortyage and the full amount of eath and every such payment shall be immediately due and payabk and shall be~r interest ~ro.n the d~te thereof until psid at rate of nine per centum per annum • ~e M w~th such interest shall be secured by the lien of th:s mor9fa~e. bOaK ~ PA 0 cE ?51 , . _ - _ - m ~ ~ _w ~.~Y.