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Home My WebLink About2450 ' 33 ~ ~.,3f~8 THIS IND.NTURE, Mad~ the ~'-nd day of A~1gUSL A.D. 19 7-~ ~ bNween - Abr ~h-~m iCoren and Senta Koren s hi~: wife, _ of $L .{.11C 1@ County Ftwid~, hereina(ter des~gnsred as the "MOQi~sAGO[~." and FIRST fEOERAI SAVINGS AND IOAN i ASSOCIATION OF FORT PIERCE, ~ corpaat~on a9~nized and ex~i~ing unde~ the laws of the Un~t~d S+aws of America and having iti principal pl~ce of ~ busineu in ths City of Fort PiKCe, St. lucie County, florida, hcrein~iter des~goated as tM "MORiGAGEE:' ~ WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s ZOiOOO. , good and lawfut money ol the Un~ted ~ States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain prom~ssay note of even date herewitb, of wh~ch the (oilowing in ~ ~.ords and figures is a true copy, to-wit: s ~}~nn. nn 10018?t~1 , ~ Fwt Pieres, Flwids, AU9115 L 2 ~y 7~ ` Fa valve received, 1, we w eithcr of us, promise to pay, without defalcatio~, to the order of FIRST fEUERAI SAVINGS AND LOAN ASSOC~ATION OF ~ t~~ iORT PIERCE al Forf Pierce, Fbrids, 1he sum of s 2OyOOO. W;~h interest from date at the rate of 56o par annum, in moN61y install- ~ ~nents as follows: ~ 162 . on ths 1S t day of Oetober , 19 ~ 2 and a like sum on the correspond:ng day of each month there- ~ after until the whole be fully paid. < Each installment fint shall be applied in payme~t of the interest and ~hen on the unpa~d balance of fhe princ~pal sum. If d ault ia ma e in t , Fayment of any installment wF~en due, and such default continues 30 days, then at the opt~on of the holder, and without any other notice, atl the remaining ~,~stallments shail be due and payab!e at once. Privi~ege is given to propay this note in whole or in part at any t~me without penalty. Neither forebearance, ` no~ acceptante by thc holde+ thereof after any default in any paymeNS he~eon, shall be deemed eatens~on. A late paymeM charge of S 8• 1O sha~~ be ~ \ ad9ed to each insrallment remaining unpa~d 7 days after its due date, and s tike sum shatl be added to each such instaltment remain~ng unpaid 7 days after ~ a each succeeding payment date. Each maker, suraty and endorse~ hereof, joinNy and severally, waives demand, presentrreent protest and notica of protesl tw nonpayment, a~d further a9rres to any ex~rnsan of time of payment, either before w after maturity, wi~hout no~ice to any of us; and to pay all costs of cotlection, including a , reasonablr attorney's fce in the event of any defautt hereunder, and hereby severalty waives aft benefit of homestead arHi exemption under the constitution i a~~d taws of each State of fhe United States, as against this obligatio~ or any exrens~on or renewal hereof. ~ Witness the hand and seal of each party. S~ r~?braham Koren (SEAI) ~ (SEAI) $ ~ $QT! t <3 Kor en (~AL) (SEAL) ( ~ • ~V 1 State Reven~e ~`.~ar~avs~l l~dt s~ ~r~~al srral= NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S~QaQ0~•00 and the perfwmsnce of the covenants and sgreemenb hereinafter expreued, and fw divers good and valuable considerations, by these presents, does grant, bargain, seN, remise, s releau, convey and confirm unro the MORTGAGEE, iri successas and auigns, all that certain lot, piece or parcel of Ia~, situate, lying, and being in the ~ Counry of $t . Lucie snd State of Florida, described as follows: :.ots 6 and 7, Block 10, REVISEll Af~~P O~ FQRT ~IERCE BEACH, accozdin~ to the ~lat tliere~f :s recorded in °lat Book 8, page 29, cf the Public Records of St. Lucie Loexnty, r lorida, ; i f ~ ' c`~i S'1~A7~~ oF F- L U k I Uq R~m ~ z l70CUNE~~l7A~~ ~ S T f ~ r` h P ~~T C U S S' C I N7 ~N P A Y I N E I Y T o = GUG3 0'? 2 r# `°~~~X T O C N q p T ER 7 1_ 1 A L P R O P E R ry, ~ V • ~S OF l9)1, ~ y otaT.os etre?vt 3 Q O O_ CIP,q~R~ER PoITltA~ ~ P.B.~9o~~2 r cou~r sr. tucr E o o. F u / ~ rogather with all and singular the tenements, hereditammri and +ppurts~ces thereunto belon9ing or in anywiu appeNainirg thereto, snd •II rents, issves, proceeds and profits uuui~g and to accrue from ssid premixs, all of which are included in the sbove and toregoing dewipt'wn snd halxndum. TO HAVE AND TO FiOLO the above desuibed and gnnted pre+nises unto the said MORTGAGEE, in successors and assigns fwever. And tFw said MORTGAGOR fw their ~;~s, executors, sdministrators and assigns, hereby covenants with the said MORTGAGEE, its successors +nd assi9ru. the are ~ rna~ -Y - Iswfully seized of the said premises in fee simple; that the same are free, clear and dixharged from all lieru u+d t~cvm- i brances in Iaw w in equity, and that they W~~~ their hein shsll warrant and defend the titk fo ti~e same to the said ~ N10RTGAGEE, its successors and assigns, forever against the fawful claims and demsnds of all pcrso~s; PROVIDED, ALWAYS lhat if the 1NORTGAGOR shall p~y unto the MORTGAGEE the ptomiswiy note hereinbefwe described and shall truly, ptort:ptly ~ and fully perfwm, dixharge, execute, complete, comp~y with and ab~de by eacF? snd every the stipulations, agrcements, conditions ind covenants of said ± ~ promissory note snd of this Mortgage, then this Mortgage and the Estate hereby ue+ted shall cesse and be null and void. ; ~ IT IS UNDERSTOOD tMst the word "Nbrtgsgor" whesher in the singulsr or plu?a! anywhere i~ this lNortgage, shall be singular if one only and shall be plvral jointly ar?d sevaally if more than one, snd that the wwd "their" ss used snywF~ere in this Mwt9sge shall be taken to mesn "hii;' "hen," ~ or "its;' wherever the context w implies a sdmits. Also, tFut wherever thero is ~ reference in the covensnts snd agreemenri herein conuined to ~ny of ~ the parties herero, the same thsll be construed to mean as well ss the heirs, kgsl rep~esent~tives, successws and suigns (either volumary by act of the parties w involuntary by operation of the law) of the same and tha~ the covenants herein contained shall bind and the benefits arx! sdvantages inure ~ to the respective heirs, legal represenbtives, succcsso?s and ast'gns of the parties i+ereto. Md said Mortgagon, /w themselves and their hein, legal representatives, successors and assigns, hereby jointly and uverally covenant and sgree ~ ro snd with the said MORTGAGEE, its succa~ors and assig~s: ~ 1. To pay ell and singulsr the principal and intereit and the vsrious ~nd sundry sums of money payable by virtue of said promissory note, +nd this mortgaye, eath end every, promptly on the days respectively the same severally become due. 2. To pay all and ~irgular the taxes, asseaunenn, levies, liabilities, obligations and encumbrarxes of every nature and kind now on ssid desvibed property, or that heresfter m~y be impoted, suffered, pl~ted, kvied, or assessed thereon, a tMt hereafter may be levied or asussed upon this Mort¢ age, or the indebtedness secured hereby, each and every, when due and paysble, accwdN+g to law, befae they become delinquent, and befwe any interest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD 7HE SAME SHALL BE PROMPTIY SATISf1ED AND DISCHARGED OF RECORD ANO THE ORIGINAL OFfIC1At DOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENOORSED OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, saCSfied and dixharged sa:d MORTGAGEE may at any time psy the same o~ any part thereof without waiving or affccting any option, lien, eqvity or - •~qht under or by virtue of this mortgage and the full amount of each ~nd every such payment shall be immediately due and payable and shall be+r inferest _ j.om the date thereof until paid at rate of n~ne per centum per annum ~nd together w~th such imer st s ured b the lien of th:s morgtsye. ~~~K~~` ~~~~~449 ~ : , _ = ~_~-~R ~.~3,_"~_ _ - _W