HomeMy WebLinkAbout2509 ~ ' ~ k 3461'~
?HIS INDfNTUQE. Mad~ the 2nd day of Au9u5t . A.O. 19
72 betwaan
Arthur R, Mavr. III~ and Oiane N. Mavr. his ~irife
of $t. Luc ie ~o~nty florida, hereinaita daignated the "MORTGAGOR," a~d FIRST FEOERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PiFRCE, a cwporatan or9ani:ed ard ex~irinp unde. the laws of tM United Stai~i of America ~nd Mvinp fa principal plece of
buiiness in tM City of Fut Pi~~u, St. lucis County. Flaida, hsreinafte~ dtiiynated ~s IM "h10RTGAGEE:' ~
WHEREAS ths MORTGAGOR is j~sNy indebted ro tM MORTGAGEE in the sum of ;22 ?900.0~ ~~Wful money of tlx Un~tcd
States advanced by the MORiGAGEE unto the MORfGAGOR, as evidenced by a certai~ promissory note of even date herewith, of wh~ch the iollowirg in
worda ind tigurss is a true copy, to-wit:
z22,900.00 ~ 1-5
Fort Piercs. Fb.~. Auqust 2s 19 72
For valve received, 1, we or either of ys, promise to pay, without defalcatiw+, to the order of FtRST fEOERAL SAViNGS ANa IOAN ASSOClATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of s'22 t9~ with interest irom data at the ~afe of 7• 5 94 per annum, in monthly instalb
ments as follows:; 170•0O on the 1St d~y of Deeember ~q 72 s like sum on ti~e caresFwnding d~y of each month thcrr
after unfil the whole be fully paid.
Each installment first si?all be applied in psyment of tfie in~erest snd then on the unpaid balance of the princtps) sum. If d ault is made in the
payme~t of any inseallment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~
~nsrallments shall be due and payable at once. Privilege is given ro prep~y this ~ote in whole w in part al any time without pen~lty. Neithe? forebrarance,
nor atceptante by the holder Ihereof after any default in any payments hereo~, shall br deemed extension. A Iate payment tMtge of s 8•$~, shall be
added to each installment remaining ~npaid 7 days after its due date, and s like svm shatl be added to each such instailment remaininp unpaid 7 days ~ftet
each succeeding payment dare.
fach maker, su~ety and endorae+ he~eof, joimly and severally, waives demand, presentmen? protest and notice of protest for nonpaymenf, and furtF?a
agrees to any extensan of time of payme~t, e~ther before w after maturity, without not:ce to any of us; and to pay all cosh of coNect'an, includ',rg a
reasonable attorney's fee in the evenl of any default hereunde~, and hereby severafly waives all benetit of homestead and exemptio~ voder 1he constitution
and laws of each State of the United States, at against this obligation a sny extension or renewal FKreof.
Wi~ness the hand and seal of each party. •
s/ Arthur R. Mayr, III ~A~
t5~?U
s/ Diane N. Mayr ~U
, $34.35 ) $tate Revenue ~ (~Au
isa~ ~awtq
NOW, THEREFORE, the MORTGAGOR for ~he purpose of secu~ing p~yment of ssid wm of Z 22 ¦ 900. ~ , ~nd 1he performance of the
covensnts and agreemcnts !?ereinafter expreued, and for divcrs good and valusble considerations, by these presents, does grant, bar9ain, srll, remise,
releass, convey and confirm unto the MORTGAGEE, its successors and usigns, all thst certain bt, piece or parcel of land, sitwte, lying, and being in ths
~~~~y o{ St . Lueie and State of florid~, described ~s follows:
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Lot 6, Block 130, LAKEWi00'D PARK, UNIT 10, as per plat thereof on file in ~
Plat Book 11, pages 29A, 29B, 29C & 29D, of the Public Records of st. t
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Lucie Caunty, Florida, ~
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together with all and singulsr the tenements, hereditaments and spptirtances there~r?to btlon9in~ w in ~nywFse appe~t~ininp there% a++d aU ?~nb, iswes,
prxeed~ ~~,d profin scuuing snd to scaue from said premises, aU ef which sre included in the sbov~ snd faroyoinp desaiption snd habendum.
TO HAVE AND TO HOLD the sbove described snd 9ranted premises nnro fhe ~aid MORIGAGEE, its svccessus ~nd assigra forever. Md th~ s~id
MORTGAGOR for the ir Y__ ~~n, ex~~~, ~~rtiatrators and assigns, hcreby covenants with ths s~id MORTGAGEE, its waessws and assip~a,
, tFat -theY `1~e tawfully seized of the said prem~ses in fee simple; tMt tM s+me are free, ck~r and discharqed from a!I liera and e~x~xo-
b.snces in law or in cquity, a?~d ~?~,:t he Y will snd th@ lI F?ein ~hall warrsnt ud def~nd the titk w the sarr~ to ths wid
MORTGAGEE, it~ succeuors and sui9ro, forever ~gairnt the I~wful claims and demsrds of all persau;
PROVIpED, AIWAYS thst if the MORTGAGOR shsll psy uMO the MORTGAGEE the promiswty note herei~befwe dewibed and shall truly, promptly
nnd fulty perform, dixharge, execute, complete, comply with and ~bide by each and every the stipulstions, apreemenb, ca?ditiau and coven~nts of said
promiisory note and of this Mortgage, then this Mortgage snd the Estate hereby aeated sMll c~ase a~d b~ null ~nd void. ~
IT IS UNDERSTOOD tMt the word "Mwtyagor" whether i~ the singulu or plwal anywhere in this !4{wtg~ye, shsll be sinpular if ons onty and
shsll be plural joiMty ~nd aever~lly if more fhan one, and that the word "the;r'• as wed Mywhere in this Mat9+ge sh~l) be taken to mesn "ha;' "hers,°
w"iq;' whereve~ the context so implies or admits. Atso, that wherever there is s reference in tha covenants snd s~reemenn herein contained to ~ny of
the parties hereto, the ssine ahsll be constr~ed to mean ~s weU ss the heirs, ley~t representatives, succes~on and auiyro (either voluntsry by scf of th~
partip u involuntary by operetion of the faw) of the same and that the covensnts herei~ tonteined sF?all bind and the benefits and sdvama9p irwre
to the respective hein, kgal reprexntstives, successon and ass'gns of the pu?ties hereto.
Md said Mwtg+gors, fw themielvea and their heirs, legal rep?esentatives, succeswrs ~nd ~uigns, Ix~eby jointly and ieve~ally covenant and apree
ro and with the said 1NORTGAGEE, its successws snd assigin:
1. To pay all snd ainyvl~r the principal snd interest ind tF~e vsrious ~nd sundry wms of ma~ey payable by virtw of said promissory note, and this
mortys9e, eath and every, promptty on the days respectively ths same stvarally become dve.
2. To pay ~11 ~nd sir?gvl~r the taxes. ~stessmenh, kvia, liabilities, obfigatiom snd encwnb~~ncea of every natw~ a~d kind raw o~ said described
properfy, or that hereafter may be impo~ed, wffesed, plsced, levied, or ~ssessed thereon, or tMt hereshe~ may be levied a weased opon this Mwt~-
a9e, a tl+~ indebtedneu secured hereby, e+ch and every, when due and payable, aocordinp to law, before they become delinque~t. and befor~ any interest
attaches or any penshy is incurrcd; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PRONIPTLY SATt5fIE0 ANO DISCHARGEU OF
RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN QAYS NEXT AfTER PAYMENT; and in the even? that any thcreof is rat
paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same w sny part thereof without wairirg or affectin9 arryr optan, lien, eqvity or
~~qht ~nder or by virtue of this mortgage and the full amount of each ~nd erc?y tuch payment shall be immediately due snd payabk snd shall bear inte~dt
i.om the date thereof until p~id ~r rare of nine per cenrum per annvm and toge~h~t ~r:t teres: sFj~t~b~ iecwed by the lie~ of th:s morytsye.
Bta~Y~~ PA~:~~ ~8
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