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Home My WebLink About1403 2359'71 THIS INOENTURE, Made ?na 22nd a,y or Au~ust . A.D. 19 72 , between _ Ferdinand Cochu and Doroth~Cochu, his Wife af St' •~lCi@ Counry Florid~, hereina(ter de~ignated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS ANa IOAN ASSOCIATION OF FORT PIERCE, ~ corpwation ag~ni:ad and ex~i~~ng undar the lawt of ths Un+ted S~a~~s of Americs snd Mvinp its pri~cipal place of bu~in~u in tl+~ City of Fwt Piacs, 5~. l~cis County, Flwid+, hereinaft~r desiqnsted aa tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE i~ ths sum of S ~ 2~~~~Q~ , 9ood and tawful money o( the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa;n promiuory note of even date hasewith, oi wh~ch the following in wwds ar+d figures is • trw copy, Io-wit: ~ 12 ,1~00.00 No i 0018702 Fort Pierce, Flwida, Atl~lLSt' 22 Iq 7? fo~ value received, 1, we w either of us, Qromiu to pay, without defalcation, to ~he order of FIRST FEDERAI SAYINGS ANO LOAN A5.`.OCIATIQN OF FORT PIERCE at Fat Pierce, Flwida, the sum of s ~ 2~~~•~ w~th interest from date at the rate of ~°e per anrtum, in mor,thly insTslt- ments as follows: = 1~'~ _ on the ~ st day of ~t~~r 19~? and a like s~~m on the coirespond;y d~y of each month thrre- _ afte? until ihe whole be fully paid. . Each ~nstallment first shall be applied in paymenf of the interest and ~hen on the unpa~d balance of the princ~pal aum. If d avlt is made in the ~y paymeM of any installmeM when due, aod such defauh continues 30 days, then at the option of the holder, and without any other notice, all fhe ~emainirg ~nsrallments shatl br due and payable at once. Privilege is give~ to prepay this note in whole w i~ part at a~y time without penalty. Neither forebearance, nor acceptance by the holder thereof after a~y defavlt in any paymenta hereon, shall be deemed extens~on. A fate payment charge of S , shall be added to each installment remaining unpa~d 7 days after its due date, and • like sum shall be added io each such instaltmenf remaining ~npaid 7 days aftN : rach succeeding payment dare. ~ Each maker, su~ety and endorur hereof, jointly and severally, waives demand, presentment p~otest and notice of protest fw nonpayment, and funher ~ agrees to any extensio~ of time of payment, either before w after matv*~ty, without not~ce fo any of us; and to pay a!1 costs of collection, includ~ng a reaso~ab~e attwney'a fee in 1he event of any defauh hereunder, and he~eby severally waives all benefit of homestead and exemption urw~er tFK tonstitution and laws of each State of the Un~ted 5tates, as against this obligation w ~~y eztension o? renewaf hereof. Witness the hand aod seal of each party. t ~ s Ferdiriand Cochu ~ ~s~?u ~ ro oc u S 8'~ 1 State Revenue ~ :S~arweelled•~on-erigiMl-Mt~) ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payinent oF said su~n of S ~ 2~~~~~ , snd the performsnce of the covenants and agreements hereinafter eapre~sed, and fa divers good and v~luable consideratiops, by theu presents, doea gront, baryain, sell, rem~se, release, convey and tonfirm y~qt : tF~ MQRBTGAGEE, its succeuors and asi~gns, all that certain bt, piece or parcel of (and, situate, lying, and beirg -in the County of 5L i,tl 1 a~ State of fior~d~, deauibed as follows: Apartment III-105 of INLET HODSE WNDOMINI[lM APAR'tMENTS, BUILDING N0. III, a condominium, according to the Declaration of Condominium recorded in 0. R. Book 199, Page 623, of the Public Records of St. Iucie County, Florida, TOGETf~R WITH aZl of ~ts appurtenances according to said Declaration. oF F L O 1-21 U A f~ W S"TAT E~"_ ,7AviP TA X y ~j ~ DOCUi`~~E~TA~~ __j - R~'D j.._~-! IN PAYf!E('tT Of TAKES ~ ti.~ aJE ON CIASS'C' INiAPtGIBlE PEi?50NAL PROPERIY, = t.UG23'?2 ~3 I p c O_ PlIRStlANT TO CHAPfER 71-134. ACTS OF 18)l. r~. E ~ O • p ~ 1- U DE+'i.UF tC~lE~:~E ROGER POIiiiAS N pB,~9o~~z C1ERK CIRCUR OOURT, ST. UlC(f C0, FLA together wifh a!1 and singul~r the tenemenn, hereditaments snd appurtances tF~eunto belonging or in anywise appertsining therero, and ~II rentt, iuues, ~ proceeds and profits xcruirwg and to +cvue from ssi~ premises, all of which sre included in the ~bove and foregoing dewiption and habendv+r~. TO HAVE AND TO HOLD the above dexribed snd granted premises unto the said MORTGAGfE, its sutcessas and a~signs fnieva. And t!w said MORTGAGpR fw their___ executori, administrators end assiqns, he~eby covcnsnt~ witb the said MORTGAGEE, itt successors ~nd asti~ra, , fhst t~'~--~e tawfuUy xized of rhe taid premi~es in fee semple; that the same src free, clear and dixharged from ~II liens and sncwe~ brantes in taw or in eqvity, and that_~e~}C__ wiU and ~1~!fr hei?s shall warrant snd defend the title to t?x same to tM said MORTGAGEE, ih succeuors and assgns, forover sgainst the lawful claims and demands of ~II persons; PROVIDED, ALWAYS that if the MORTGAGOR ~hall pay ~nto the AhORTGAGEE the promiuory note hereinbefore described and sMtt truly, prompNy and fufly perform, dixharge, execute, comptete, comply w+th and abide by each and every the stipulatio~s, sgreements, conditions snd covManh of said promissory note snd of this Mortgage, then this Mortgsge snd the Estate hereby ue+ted sMll cesse and be null and wid. IT IS UNDERSTOOD thst the wwd "Matyaga" whether in the singular or plural snywhere in fhis Mwtgage, sFull be singutar if one only ~nd ;hall be plural joiMly ~nd severa(fy if mwe tban one, and that the word "their" as vsed aoywherc en tbis N4atgage shall be tskee to mesn "his;' "hen;' or "it~;' wherever the conteat so implies or sdmits. Also, that wherevd there is s referente in the covenants and sgreemenh herein contained to any of the p~rties hcreto, the same shall be construed to me~~ sa wal! ~s the heirs, Ieyal representatives, successw~ and assigns (either voluntary by act of the parties or invofuntary by operafion of the bw) oi the sarrK and that the covenants herein contained ahall bind snd the benefits and advaMages irwr~ fo the respective heirs, legal representativa, succezsors srrd +u'gns of the panies hereto_ And said Mortgagors, fo. themselva and their hein, leg+l ropreicntstives, successors and assigns, hereby jointly and severotly covens~t ard ~yree ro snd with tRe tsid MORiGAGfE, its svccesson and auigru: 1. To pay aN and sengula~ thr principal and interest and the various and sundry wms of money payable by virtue of ssid promissory note, and this mortgsye, e+ch a~d every, promptly on the days ~espectively the same uverally become due. , 2. To pay all snd sirguta the taxq, asussments, levies, liabilities, obligatior?s and etKUmbtantes of every nature at~d kind ~ow on said desuibed property, o? that here~fter may be impo~ed, suffered, placed, levied, a iuessed thereon, p that here~fter may bs levied a assesied ~pon this Mafg age, w the indebtedness secured hereby, e~ch snd evay, when d~e ~nd payable, atcordi~q to law, befwe thcy become delinquent, ~nd before ~ny iMeres: artaches w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS Of RKoRD THE SAMf SHAII 8E PROAApTLY SATlSFIED AND DIS~HARGED OF RECORD AN~ THE ORIGIP3Al OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAtISfACT10N PAPER OFFICIAIIY ENUORSED OR CERiIfIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the evenf that a~y thereof is not paid, set'sfied and dixha?ged sa:d MORTGAGEf may at any time psy the same or ~ny part thereof without waivirg or affecting any option, lien, eqvity a •~qht under o~ by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and sha{I ~ar intereit ~•om the date thercof until paid at rate of nine per centum per annum and toge~her w~th such inre~esr shaYs be s~~~y the lien of th's morytsye- r. ~.1~~; ~ ~r ~'IiJ~ ~~r~; _ ~ ~ ~ - - r+v`~~ . ~~~r',.,^~`,.~+~