HomeMy WebLinkAbout1824 236299
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THIS INDENTURE, AA~d~ th~ 24th day of _ A~ust . A.O. 19
72 . b~twetn
John F. Beutler and Marv P. Beutler, his xi~e t•
of St • LUC~@ County Florida, hertin~iltr designated +s the "MOR1vAGOR," and FIRST fEDERAI SAVINGS ANO LOAN
ASSpCU110N Of FORT PIERCE, a cwpaat~on wy~nized ~nd axis~irg ur+der ths laws of tM Un~red Saqs of Ame~ica •nd Mvirty iri pri~cipal pl~c~ of
buHnets in tM City of fort PiNU, St. tucie County, fiorida, hereinafta de:ipnated a: tM "1NORYGAGEE."
WHEREl15 th~ MORTGAGOR a juttty i~clebted to tht MORTGAGEE i~ ths sum of ~ 9 s 4~ good and lawful money of the Uni~ed
5!atet advanced by the MORiGAGEE unto the MORTGAGOR, ai evidenced by a certain promiuory note of even da~e herewitb, of wh~ch the foilowin9 in
wwds and fiy~rei ii • trw copy, to-wit:
: 9~~•~ ~ 10018716 ~
P1HCe. F~~~,~ Auqust 24,. ~y72
Fo? value received, 1, we w eithcr of us, promise to pay, withaut defalcation, to ~he wder of FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION Of
FORT PtERCE at Fort Pierce, Florida, the sum of ~ 9~4~•~ with interest from date at the rate of7 ~7596 per annum, in monthly instalb
~.ents as fnllows: = 78~~ on the lSt day of ~t~g= , 19 72 snd • like sum on the correspuxl~r?g day of each month therr
afte. ~ntil the whole be fully p~id.
Each instatlment fint shstl bt apptied in payment of the interest and then on the unpa+d balarke of the princtpal s~•m. If d ault is made in the
payment of any installment wlxn dw, and such default continues 30 days, then at the option of the holder, a~d witFout any other notice, all the remaining
~nstallments sMll be due and payabb at once. Privilege is given to prepay this~rate in wFale a in part at a~y time without penalty. Neither forebeannce,
nor aaeptance by the holder Ihcreof after any default in any payments hcreon, shali be deemed exte~sion. A late payment tharge of S 3'9O sh~ll be ~
added to aach installment remaininy ur?paid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after
eath sutteeding payment date.
Eath maker, surety and endwse~ hereof, jointly and seven(ly, waives demand, presentmenr protest and notice of protest for rwnpaymenf, and further
agrees to any extension of t;me of paynxnt, eithe~ before w after maturity, without notice to any of us; and to pay all costs of collection, inctud;rg a
reasonable at:orney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and eaemption under the constitutan
and taws of each State of the United States, as against this obligation or any extension or renrwal hcreoi.
wirnes: rFie nana .~d ,ea! of aach pa,ty. S/John F. Beut~er
(SEAU
ry . eu er ~AU
(5~?U
~ $14 . 10 ~ State Reven~rs ~U
NOW, THfREFORE, thc MORTS~aAGOR for tha purpose of securing psyment of said sum of s 9 s 4~ ~~nd tM pe~form~nce of ths
covenanb and sgreemenn hereinafter expressed, and fw divcrs good aod wluable cansiderations, by these present~, doe~ qrant, barpain, setl, remise,
release, cwwey and confirm unto the MORTGAGEE, ih successws ~~d auigns, all that certain bt, piece ot parcet of Isnd, tituate, lyirg, and being i~ the
County of St. Lucie ~ State of Fbrida, described ~s fo!lows:
Lot 7, Block 2, RBPLAT OF PALM GARDfiNS, as per plat
thereof on file in Plat Book 12, Page 42~ Public Records
of St. Lucie County, Florida: formerly referred to and
identified as I,ots 13 and 14, Block 2, COLLINS PARK SLBDIVISION,
as per plat of said Collins Park on file in Plat Book 5, page 3~,
of said St. Lucie County; Public Records.
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STAT E~~ F L O R I DA g~ ~~~~d~~~ ~
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rege+her with ~II and sinqular the tcnements, hereditamenb and appvn~nces the?evnto belonginp or in anywite apperiairurg thereto, ind ~U renq, issws,
proceeds ~+d prof;b acuu;np and to sccrue from said premises, all of which are included in the ~bove and foreqoinp descripta~ and h~bendum,
.
TO HAVE AND TQ HQIp the ~bove destribed and yranted {xemises unto the said MORTGAGEE, ib suttesuxs and suipns forev~t. And th~ s~id
MORTGAGOR for tL1elY heirs, executon, administratws and auigns, hereby covenanb with the s+id MORTGAGEE, ib suctessors u+d asaipro,
rhst th~y are ~swfull seized of th~ said ~
y premises in fee simple; that the s~me ue free, cleat and discMr9ed from dt liens u~d encwn-
brances in law or in equity, and that thev will and their hein shall warrsnt u~d defend the title to tM same to fht s+Jd
MORiGAGEE, its svccessars and auiyru, faever ~pairot the lawful claims and demands of sll penor~s;
PROVIDED, AlWAYS ti?~t if the AhORTGAGOR sh~ll p~y unto the MORTGAGEE tM promiswry nota hereinbefore described and shall truly, promptly
and fulty perform, disch~rg~, exacute, complet~, tomply with and abide by each snd every the stipulations, syreementi, conditian and coven~nts of said
promisswy note and of this Mwtgaye, then rhis Mwtyage and the Estate hereby created shrll ceue and be nulf and void.
IT IS UNDERSTOOD that the word "Matyspor" whether in tF~e singular or plwal ~nywhere in this Mortgspe. ~hsll be singulu if w+e onty and
shsll be plural joimly and stverally it mote tMn one, and that the word "their" as vted +nywher~ in this Mortpaye sh~tl be taken ro mesn "his:• •'hers••
or ^iri;' wherever the conteat w implies w admits. Atso, thst wherover there a a referenca in the covenanta and agreemenri her~in tonHined to any of
rhe p~rties hereto, the ume shall be cwwtrued to mean as well as the hein, lay~l r~prese~t~tives, svueuwt snd assi~ro (either voluntsry by act of tM
partiq or involuntary by operation of the law) of the same and tl?at the covensnn herein conuined shatl bind •nd ~F~e benefih .nd .dvanayes inur.
ro the reapectivs he'us, kyal ~epresentat;ves, succeuors u~d asryro of the parties hereto.
And said Mortgayas, fo? tl+emselves ~nd their hein, lepal repreuMative:, succeuws a~+d assiyns, hercby jointly and severally toven~nf and apree
ro and with tF~e s~id MORTGAGEE, its successon u+d auigns:
1. To pay all and sirgvlar the print;pal ~nd imereat and the vsrious snd sundry sums of money paYable by virtue oi ssid promisswy not~, and this
mortyaye, exh and every. p~omptly on tlw days reapectiv~ly the aune sev~rally become dve.
4. To p~y all ~nd sirgular the taxes, assessmen», levies, liabilities, obliqatiau ~~d er?oumbrances of every n~twe ~nd kind now on ssid d~spibed
property, a tlut hereaher may be impo~ed, sufferd. Plxed. Ievied, w~s~essed thereon, o? thst hereafter may be kvied or askssed upon this µort~.
age, w tM ird~btadnes~ uc~red hereby, eacfi ~nd wery, when dve and p~yabk, xcoidinQ to I~w, before they becoms delinqusnt, and befor~ ~ny intarsst
artathes w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RECORU THE SAME SHAII 6E PROMPTLY SATISFIEO AND DISCHARGED OF
RECORD AND 7HE ORIGINAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, Tf1E TAX RECEIPT OR THE SATISfACT10N YAFER OFFICJAttY ENDORSFD
OR CERTIFIED) SHAII 8E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT Af7ER PAYMENT; and in the event tFut any thereof is ~ot
pa~d, sat'sfied and disthxged sa:d MORTGAGEE may st sny time pay the same w ~ny part thertof without waiving w affectirg any option, (ien, equity p
~~aht unde~ or by virhre of fhis mortgage and the fvll amovnt of e+ch snd every such payment shall be immediately d~re aod p~yabk ~r+d shall bs~r interest
~.om the d~te thereof vntil paid at rate of n~ne per ceroum per ~nnum ar,d roperF,~ *~r re.esr • 1~„~ ~v T red by rhe I~en of th's morpuye.
BOOC~.VcJ PHGt~~~
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