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Home My WebLink About0455 4, , 2311~'~ ~ THIS IN~ENTURE, Mad~ the 9th s~ y of +~Y A.D. 19 72. bttween Roy Bo lbach~ a s ng1Q adult . of St • Luc ie Cp~~~y Flaida. FfNfiM~fH dtsign+tcd ss 1M "MORTGAGOR;' +nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCf, a corpaation oryani:ed +nd exi~tinp unda tM laws of ths Unit~d S~at~s of America and Mvirg in princip+l place of business in tM Ciy of fort Pi~rc~. St. lucie County. Florids, heainafta des~pna~ed u tM "MQRTG~GOEE:00 WHEREAS-1M MORTGAGOR is j~t1y indebtsd ro the MORTGAGEE in the sum of ~ bs~ ' good and lawful money oi the United State~ advanced by ?he MORTGAGEE unto the MORTGAGOR, as evidented by a cata~n promiuwy nole of aven date herewitb, of wh~ch ths followinp in words and figures ii a trw copY, to-wih 65,000.00 ~ 3-18~329 : ~ v~.. Fb.~, c?tAY 9, 19 72 ~ Fa valve received. I, we or eithe~ of vi, promiae to pay, without dtfalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIOP! OF FORT PIERCE al Fort Pi~rce, Florida, tl~e sum of 6S ~ w;~h interest f?om date ~1 the rate of 8~~ % pe? +nnum. ~n mon~hly i~st+ll- menrs u fotlows: i Sa4'~ on ~he -~t day of Ju~l , 19 72 ~nd a like sum on the cwrespondtnp d~y of esch mw.~h there- after until the whole be fully paid. Each installment first shall be applied i~ payment of the interest ~nd then on the unpaid balance of the prindpal sum_ If d a~lt is msde in the payment of any installme~t when due, and such default continues 30 days, then at the option ot tFK holder. +nd without any other notice, all ti+e remaininy ~nstallments shall be due and payable at once. Priv~lege is give~ to prepaY this oote in whole or in part at soy time without pe~alty. Neither_ forobear~nce, nw auepunce by the holder thereof afcer any default i~ any payments hereon, shall be dcemed extension. A late payment charge of s 27' 2O shall be edded to exh installment remaining unpaid 7 days after its due date, ~nd • like sum shall be added to euh such i~stallment remaininp unpaid 7 days ahsr each s~tceeding payment date. Each maker, wrety and endorser hereof, jointly and seva~lly, w~ives demand, prexntment protest and notice o~ protest fw nonpayment, and further agrees to any extension of time of payrrKnt, e~ther before w after matwity, without not~ce to any of us; and to pay sll co~ts of collection, including • reasonable ettorrxy's fee in the event of any default hereunder, and hercby severally waives all benefit of homestead and exemption under the constitution and taws of each State ot the United States, as against this oblipation w any extcnsion or re~ewal hereof. Witness the hand and seal o( each party. • S/Roy Bollbach, a s ing le adult~~~ ~s~?u ~ csE,?u cs~?u ~ $ 97 ~ 50 ~ State Revenue NOW, THEREFORE, the MORTGAGOR fw the purpose of securi~y p~yment of said swn of S 65~~~~~ +~d ~ P~am+^Ce of ths covenan~s and +yreements hereinsfter exp.essed, ~nd fa diven 9ood +nd valuable conside~ations, by thes~ p~esents, do~s gr~nt, bar9ain, ie11, rem7se, rekase, convey and confirm unto the MORTGAGEE, ib successors and ~uigns, +II that ceruin lot, piece w putel of lu?d, sitwte, lyinp, and beiny in 1he ~ $t • Lucie ~nd State of flwida, dswibed ~s follows: Parcel I. Begin at a point l, 538 feet North of the Southeast corner of Section 22, Township 36 South, Range 40 East, on the East line of said Section, and run Southwesterly on the South line of property heretofore sold to E. G. Beckman to the East line of the right-of-vray of Federal Highvray No. 1( Dixie Highway) thence Southeasterly on the East side of said Highway right-of-way 175 feet, thence h*ortheasterly p~arallel to the said Beckman line to the East line of said Section, thence north to the starting point. ~ Parcel II. Begin at a point 1538 feet North of the Southeast corner of Section ~ 22, Township 36 South, Range 40 East, in St. Lucie County, Rlorida, said point bein~ monumented by an iron shaft; thence run approximately 927.6 feet South- westerly to a point on the Easterly side of tho Right-of-way of State Road Na 5 ~ (U. S. Highway No. 1) said line being North 68° 29• Fast; thence Northpesterly, ~ alonq the Easterly side of said Right-of-Way, approximately 150 feet; thence j Northeasterly, approxiaa?tely 975.6 feet to a stake on said Sectican line; thence ~ South, along said Sectioty line, ~1.45 feet, to the point of beginning, same P being according to a survey of said property nade by Sunrise Engineering Company of Fort Pierce,~ Florida dated July 11~ 1950. ~ Above tract is also lrnoam as Lot S, of LAKE O~ ?HE WOODS SUBDIVISION, according to an unrecorded plat thereof made by Sunrise Engineering Company, dated July 11, ~ i9 so. ~ ~ ~ sogether with all a~d singular the tencmenti, h~rediumenn ~nd +ppwt~nces tiKrevnto b~lonpi~g a in ~nywi~ ~ppe+tsinirg tlwelo, a~+d all renb, tssw~. pfoceeds ~nd profin xuuing and to +caus from said p?emises, •11 of which ut incl~d~d ir? th~ abow and for~poinp dncription and habendum• ~ TO HAVE AND TO HOt~ the above desaibed ~nd yr~nted premi~es unto th~ s~id MORTGAGEE, itt sucussors and ~uip~u for~wr. And tM s+id ~ MORTGAhe~ is __h1S ~in. e:ecutws. ~dministraton u~d aui9eu. Mreby cov~nanb with tM sak! MORTGAGEE, itf waesson atd as~iQ~r. rhat - lawfully ~e~zed of the said prem~sts in fe~ wnpl~: tMt the sam~ art ~rw, cltu snd discharp~d from ~11 liem ~nd ~ncwr? ~ his heirs aha11 w~.r.nt ~nd d~f~nd tM r~r1~ w rh~ wr~ w rF~e s.id brances in Isw o~ i~ puity, snd that he wilt and ~ MORTGAGEE, its successors +nd aui~r», fwever ayaimt tM I~wfvl cl~ims ~nd d~ma~ds of ~II perwnts ~ PROVIDED, AtWAYS tMt if fhe MORTGAGOR ~hall p+y unto iM MORTGAGEE tM promiswry nob heteinbefort descrlbed u~d sh~ll fruly, promptly snd fvlly perfwm, dixMrge, execute, compkte, tomply with and abide by ~ach and ~vsry tM stipulatia+s, yreert~cnri, condi~iaa and covenann of uid ~ prom~sswy nore and of rhis Mwryaye, rhen this Mor~9a9e and tM Eat~te hereby ae~f~d ~hall c~aw and b~ null u~d void. ~ ~ I? IS UNDERSTOOD tMt the wwd "Mort9a9or" wheti~er in tM ~irgular a plural anywfi~r~ in this MortpaQ~, shall b~ sinpvla if on~ onty and ~ shdl be ptvral jointly snd aewrally if mw~ th~~ o~x. ~nd that th~ wad "their" as us~d anywl~~ in tha Matyep~ sh~ll b~ aken to rn~an "his:• •.htn;' a"its," whcrever the co~teat w implies w sdmits. Alw, that wherever there a• refer.~c. in rM cownann and pr.sm~nn h.rs7n contain.d ro ~ny of ~he panies hereto, the same sh+ll be construed to ms~n as well as ti+~ hein. Ip+l r~preser?tatiws, wcc~swn and +ssipns (~ithe~ voluntary by ~ct of th~ ~ parli~s o~ invduMa?y by oper+tion of the ~aw) of the same and tMt tiK toven+nri ix~~in tontained ~hall bind aod th~ benefiri ~nd advsM~pes inw~ t ~ ro the r ~w heirs, d re esem~tivp, successws and au~ ns of tlw a?ti~s FwrNO. ' KP~~ N9 W 9 P } ~ Md ~aid Mutyayors, fw tF+emselves and tFKir hein. I~pal r~presentatives, successon ~nd ~ugro, Mreby joinNy snd ~w+ally covN+ant ~nd apr~e ~ ~ ro ~nd with tF» said MORTGAGEE, in succeswrs and auiym: ~ ~ 1. To pay dl ~nd sinpular tM principal ~nd intNe~t and 11?t variovs ~nd sur+d?y wms of monry paY+bl~ bY virtw of said promissory nots. ~nd tAin ~ mort9~t. ~ach •od ~very. WomPtly on rFw d•ys respec~ivtly ri» sam~ ssv.r•Ily b~ca~w due. ~ ~ ' ~ 2. To pay dl a~+d si+gulu tM taxes, usessm~nts, levia, liabilities, obtgatiora ~nd ~ncumbranc~a d eve?y natwe ~~d ki~d now on s~id desaib~d ~ p~op~ny, a that F+ae+ftN may b~ irnpowd, wffere~, pl~ced. I~vi~d, w awss~d tt~enon, or tMt MreaftN may b~ levid a~sseued vpon this Mort¢ ~ sy~, a tM indebtedness securad F~er~by. each and ~v~ry, when dut ~nd payable. ~aadi~g ro law, be(w~ tMy become d~lirqwM, a+d befw~ ~ny iMK~st ~ attaches a any ptnalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD iHE SAME SMALL dE PROMPTIY SATISFIED AND DISCNARGED OF RECORD ANO 1ME ORIGINAL OffIC1Al DO~tfMENt ISUCH AS, fOR INSTANCE. TME T/U( RECEIPT OR TNE SAT~SFACTION PMER OFFICUIIY ENOORSED ~ OR CERTIFIED) SHAII 6E PIACE~ IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN ~AYS NEXT /1FTER PAYMENT; a~d in tM evtM that any thsreoi is no1 ~ pa~d, s~t ~fied ~nd discharyed sa:d MORTGAGEE may at anY ':me paY the same w a~y pa~ thercof without waivi.q w~ffedin~ any option, lien, eqvity a i •+qM unde+ w by vinve oi ~h~s morr9a9e and the fult amount of each ~nd every such payment ahal~ b~ immediately dw ~nd payabk ~~d shsll b~N inter~st _ ~•om the dale thereoi until paid at .are of nine per centum pa •nnum ~nd togetF+~r w~th suth inttr ~I shall b~ s~cured the lieo of th:~ morytq~. ~ 6CGR ~V~ ?~GE ~uhJ ~ : .~r ._~-~.~~y,~_.~-~.~..~.____~rK.._~ , _...~z~_;~~-~-~~-~