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Home My WebLink About1241 l~r~ra~`3a~v • a THIS INDENTURE, Mad~ the l OLh day of _ Harch A.D. 19 72 between _ Donald G Schiff and Pauline C Sc~if~, hfs wife of $t . Lucie ~p~ry Flo?ida, Mreinslta designated as the "MORTGAGOR," and fIRST FEDERAI SAVINGS AhD IOAN ASSOCiATION OF FORT PIERCE. • corpwatan o~yani:ed and ex~stiny under th~ laws oi tha United Sta~~t of Americs a~d Mvinp ib priruipal place of busineu in tM City of Fort PiHC~, St. luca County, flaida, hereinah~~ d~iigna~ed as tho "AAORTGAGEE." WHEREAS tM MORTGAGOR is ju~tly indebted to the IVIORTGAGEE in the sum of s 351400. 00 yo~ ind Iawful money of the Un~tcd S~aiet advanced by the MORTGAGEf unto the MORTGAGOR, as evidinced by a certain promisswy nole of even date herewith, of wh:ch the followiny in words and figures is a trve copy, to-wit: ~ z35.400.00 ~4-18,068 ~ ~o.~ P~«.. Fi«~d~. March 10, ~y72 Fw value received, 1, we a eifher of us, prom~se to pay, wifhout defalcation, to ~he order of FIQST FEDERAt SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fwt Pierce, Florida, the sum of S~S~4OU.00 w;th interest from date at the rafe of pa +MUm, in monthly install. n,ents as fol!ows: f 262 . U~ 1 S t day of ~y , 19_ 7 2 and a like sum on the cw~espond~np day of exh month there- afrer until the whole be fully pa~d. Each installment first shatl be applied in payment of the intrrest and +hen on the unpaid balance of tFu princ~pal sum. If d auN is made i~ the ~a,~~nem of any install~nent when due, and such default con?inues 30 days, then at th~ optio~ of the holdrr, and witFwut any other notice, all the remain~~g ~nsta~lments shall be due and payable at once. Privilege is given to prepay this note in whole w in part st ~ny t~me without penaHy. Neither torebearar?ce. nor accepta~ce by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge of s 13__.,10 shsll be added to each installment rcmaining unpa~d 7 days after its due date, and a I~ke sum shali be added to each such installment remaining unp~id 7 days aftcr each succeeding paymeN date. Each maker, surety and endorur hereof, jointly and severalty, wa~ves demand, presentment profest and notice of protest fw nonpayment, and further agrees to sny extens~on of t~me of paymem, either before w afte~ mafurity, without notice to any of us; and to pay all cost~ of coilection, inctuding a reasonable attorney's fee in the event of any default hereunder, and hereby severa~ly waives aIl bcnefit of homestead and exemption under the co~stitution and laws of each 5tate of the United States, as ag~insf thii obligation or any extens~on w renewal hereof. Witness the hand ard xal o( each party. s/ Donald G. Schiff ~Au (SEAI) s/ Pauline C. Schiff c S53.10 ) State Revenue ifi~mpc ~QHied sa ad~daoe~) NOW, 1HEREFORE, the MORIGAGOR fot the purpose of secv~ing payme~t of said sum of S 35 ~ 4~0. 00 , ind tM performance of ths covenanta and agreements hereinafter e:pressed, and fw divers 9ood and valuable considerations, by these presenb, does grant, bsr9ain, sell, remise, retease, convcy and confirm unro the MORTGAGEE, it: iuccessors snd ssiig~s, alt that cerbin lot, piece or parcel of Isod, situate, lyirg, and being in the County of St . LuCle , ~nd Sute of florida, dewibed u fdlows: Lot 39, RIVER OAKS ESTATES, as per plat thereof on file in Plat Book 16, page 5, Public Records of St. Lucie County, Florida,? ~ ~~ii~L QF - ~ ` ~ ~a¢~F ~~r~a R 1 U X ~ : : 3 - 1Wt13'Tt .1~' RECEJVfD S-~~ IN PAIfMENT OF TAXES ' y ~ ' ~ i 5 3 I O= q~ pN Ct/lu 'C INTAN~lBLE PERSONJ1t PROPfR1Y. ` ~ ~T.~ • ~ ' • Pt1RSUAtIT i0 CFi11P'TER 71-134, ACTS OF 1971. - '~~~lNtt iq6fR POtTW4~ CNrk C'iRUR Coort. St Lucie Co. Fl~. ; , ~ ~ $ " together with sll and sirgular the te~+emcnb, he~editaments snd ~ppwt+~ces therevnto btlonginp a i~ anywise appertainirq thento. ~nd ~II rsnb, iuves. s proceeds snd profits xcruirg and to accnx from said premises, ~II of w1i~ are included 'm the ~bov~ and fort9anp dewiption ~ed habendum. i TO HAVE AND TO HOtD the above deuribed +nd grsnted prem~ses unto the said MORTGAGEE, in ~ucceswn and sssipro forsver. Md th~ s+id = MORTGAGOR fw their _A executas, administrators a~id auigni, hereby cover+s~ts with the said MORTGAGEE, ih wcc~sson and auipro, fhat - L he Y~Ze__ ~~~ully se~zed of the said premiaes in fee simple; that the umt ~re fret, ckar ~nd dixharged from ~II li~ns and encvro- ~ ~rarxes ~n law o~ in equity, ~nd that they N,~~~ Lhe lI he;n shall warrant ~nd defend tM title to th~ wm~ to tM said ~ MORTGAGEE, in succeuors snd eugns, faever syainst the lawful claims snd demands of all perspn; PROVIDED, AlWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiuory ~ot~ hersinbefq~ deuribed and sFNll truly, p?omptly s and fully perform, d~uMrge, execute, complete, comply wirh ~nd ~b~de by each and every the ~tipulations, egreemen», wnditiona •nd covenann of ~ad promiuory note and of this Mort9age, then this Mortyage and the Estate hereby ueated shal~ ce+se a~d be null •nd wid. IT IS UNDERSTOOp that the wwd "Mwtys~w" whether in tht singular or plw~l anywher~ in this Mortya9e, shall bs sin~utar if one only u~d shall be plural jointly ~od severally if mw~ than on~, and that tM word "the'a".as usad anywhere in this Mortyag~ sMll be taken to rn~+n "his." "hen;' w"its;' wherever the context w implies a admits. Also, that wherever there is s reference in ths cwenanb and syreemenri hcrein contained ta any of ; fhe parties hereto, the same ahall bs cdutrued to mean as well ~s the heirs, leyal r~presentatives, wccesson ~nd auiyns (either volvntary by atf of th~ parties w involunt~ry by opention of the law) of the ssme snd that the covenants F~erein tontained sMlf bind and tM btnefib and adv~ntapes inur~ fo the respectire he'va, le~at representatives, suuessors and su~9~s of th~ puties hereto. 4 And said Mortysgors, fw themselves and their hein, Icyal rep?esentatives, successors snd ~uigns, hereby jointly and stvaally cove~ant ~nd ~yr~e ~ ro ~nd with the said MORiGAGEE, its successors and auiy~s: ~ 1. To p+y ~II and sinpular the princip~l and interest and the wrioui and sundry sums of monay payabk by virtw of taid promiswry nofe, and fF~i~ ' morty~Qe, each and w~ry, promptly on the days respectively the ~sme ssverally becpne due. 2. To p~y all and sirgulu the taxes, aue~smenn. Iwies, li~bil~t~es, obligatia~s and sncvmbr~nces of every naturs and kind raw oe~ said described p.operty, a that hereafter may b~ impo~ed, suffered, placed, Iwied, or ~uessed thereon, w that here~fter may be kvied a a~~e+s~d u~wr? this Mortp- ~9~, w the irdebtedness secured Aereby, s+ch ~nd ~very, when dve and p~yable, accadirg ro law, befor~ they becane delinquem. ~nd b~fa~ any inta~st artaches o~ any penalty is incu~rcd; AND INSOFAR AS ANY TMEREOF IS Of RKORD THE SAME SHAtI 8E PROMPTIY SATISFIE~ AND GISCHARGED OF ~ RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECElPT OR THE SATISfAC710N PAPER OFFICIAILY ENDORSED ~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS Of SAID NIORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is no1 paid, saYsfied +nd diuharged sa:d MORTGAGEE may at any time pay the same a any part thereof without wsiviny or ~f~ectinp my option, lien, eq~ity a •~qht under w by virtve of thii mortgsge and the full amount of eul~ and every such payment ih~ll be immedi~tely due and payabk ~nd ~hall btar intsrest - ~~om ~he dare thereof until pafd it rate of n~ne per centum per annum •nd toyether w~t uch in rest shall be secvred by the lien of th:i morqta~e. ~~~K 2~0 ~~i24~ _ - _ _ - j , ~ ~ _ _ _ ~~~s ~ ~ e ~ : , . .~~r _ . . _ n . . . . . _ ~ ~ r.~_