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HomeMy WebLinkAbout0236 23~443 THIS INDENIURE, Made tl~e 1St day of Septen~rer A.D. 1972 ~ between .7une Kahn. a single adult • i of $t . Luc ie , County florids, he~einaite~ deiignated as Ihe "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN A$$OCIATION OF FORT PIERCE, a corpwat~on aqanized and exia~ing under ~hs laws of Ihe United S~atas of Americ~ a~d hsving its printipal place of business in tFa Ciry of Fo~t Pisrce, St. lucie County, flaida, hereinafter de~iynated as tM "MORiGAGEE:' WHEREAS the MORTGAGOR is jvstly indebted to ths MORTGAGEE in ths sum o( = a~~0.~ good and lawful money of the Un~tcd States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promisswy note of even da~e he~ewith, of which Ihe following in words and figures it a true copy, to-w~t: ~ 10018766 s 8..~ 000 .00 Fort Pierce, Ftorids, September 1~ 19 72 Fa value received, 1, we o~ either of us, p~omise to pay, without defalcation, to the orde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, florida, ~he sum of : Y.}~~•0O w;th interest from date at the rate of7 •7596 pe? annum, in monthly insul{- ~nents as fottuws: i 65'~~ lst dsy of November ~~9 7`~' and a like sum on the cwrespondiog day of each month ihere- afrer until the whole be fully paid. Each instsllment first shall be applied in payment of the interest and then on the unpaid balance of t!x p?incipa~ sum. If d aulf is made in fhe ~ayment of a~y installment when due, and such default continues 30 days, then at the option of the ho~der, and without any .other notice, all the remaining ;nsrallments shall be due and payable a~ once. Privilege is given to prepay this note in whole or in psrt at any t~me without penalfy. Neither forebearance, nor acceptance by 1he holde~ thereof after any default in any payments hereon, shall be deemed extc~sion. A late payment charge of = 3• 25 shall be added to each installment remaining unpa~d 7 days after its due date, and a like svm sha~l be added to each such installment remaining u~paid 7 days after each succeeding payment date. Each maker, surety and endorse? hereof, jointly a~d several~y, waives demand, presentment protest and notice of protest iw nonpaynxnt, and funher agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of co~lection, including a reasonable attorney's fee in the event of any default hereundei, and hereby severally waives all benefit of homestead and exempfion under tFk constitutan and laws of eacA State of the United States, as agains! this obl~gation or any eatension or renewal hereof. Witness the hand and seaf of each party. S/June Kahn~ a sinale adult ~A~~ ~s~?U (SEAI) (5~?U ( $12 •00 1 State Revenue ( NOW, THFREFORE, the MORTGAGOR fw the purpose of seturing payment of said sum of S 8+~0'~~ snd ihe performance of tM covenanfs and sgreements Fxreina(ter expressed, and for divers good and val~able considerations, by these presents, does grant, ba?9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successori and aui9ns, ell that ce~tain bt, piece or parcel of Ssnd, situate, lying, and being tn the Couny of St . L~L1C ].e ~nd State of Fbrids, dewibed as follows: Lot 3, Block C~ MARAVILLA ESTAT~S S[BDIVISIUN~ as per plat thereof on file in Plat Book 8, Page 77, recorded in the public records of St. Lucie County, Rlorida.% ~ FLORIDA . ~F~~ ; ii~ ~ C~ l-A,- E oF . _ `i' ...,o~~'` ; DOCU?~9ENTA~" S~Ai~%~ G ° V ~ d~'~i . .~`i7 , ^'~C ~ J ~ _ SEP-S72 ~ 0 ^ J ~ ~c~s" f~' ~ ~ O ~ .l ~ 2 . ~~~~n~ ~~1~'~«~ ` l~" ~ V DE?i.Ot R[fEKYE ' _ ~ `~C~ ~ . b ;P`l<P F ~.~)\`t . ( ~8.190~~2 = c`,~ ~ .t+~~~ ~tl~ ~~Z~ ~ /1 L/ ~ ~~f~~~,Yt • ~,rr 4U ~1i 1 togetF~er with •II and singular the tenements, hereditaments and appurtsnces thereunto belorging a in anywise appert+inirg tixreto, ~nd all rents, iuues, proceeds and profits accruing and to scuue from ssid premius, sll . of which are induded in the sbove and fwegoing description ~nd Mbendum. TO HAVE ANO TO HOID the above dewibed a~d gnnted premises unro the said MORTGAGEE, its succetwn and auiynf forevN. Md tlw s~ld MORTGAGQR fo~ their~__ executws, administntws and assgns, hereby covenaMS with the said MORTGAGEE, in successors and ~ssigru, that -they arQ - ~awfufly ui:ed of the said premises in fee simple; thst the same are free, ckar ~nd discharged from all liern and ~ncwo- brances in Isw w in equity, and that they W~~~ their hein shall w~rrant and defend the titk to the s~m~ to tM t+id MORTGAGEE, its successors snd auigns, (orever againit the lawful claims and demands oF all penor?s; ~ PROVIDED, AIWAYS tF~at if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe destribed and shall truly, promptly and fully perfam, discharge, execute, tomplete, tomply with and abide by eath and every the stipulations, ayreements, conditions and covensnb of said ~ promissory note and of this Nbrtgage, then this Mongage and the Estate hereby crested shall ceue and be null and void. - ~ IT IS UN~ERSTOOD that the word "Nbrtgsgor" whether in the singular w plural anywhere in this Mwtg~e, shall be sirgular if on~ only and ~ shall be plural jointly and uverally if mote thsn one, and that the word "their" as used anywhere in this Mort9age slwll be t~ken to me+n "hi~;' "han;' ~ o~ "its;' wherever the context w implies or admits. Also, that wherever there is s reference in the covenann and sgreements herein cont~ined to ~ny of rhe parties hereto, the same shall be construed to mean as well as the heirs, leysl representarives, ~uccesso~s end assgns (either voluntary by act of the parties or invd~ntary by operat'an of Ihe law) of the sune and that the tovensnri herein tontained shall bind snd the benefiri and adv~ntsgd inurt ro the respective heirs, legsl representativet, succeswrs and au'gns of the psrties herefo. And said Nbrtgagors, for themselves and thei? hcirs, legal represeMativa, sucussors ~nd auigm, hereby joinNy snd severally coven+nt and ayree +o snd with the said MORTGAGEE, its succeasors and auigns: 1. To pay all and singular tFx principal +nd interest and the various and sundry wms of money payable by virtue of said promissory note, +nd tha ~ mortgagq e+ch snd every, prompNy on the day~ respectively the same severally become due. ~ 2. To p~y +II and singular the taxes, assessments, levies, liabilities, oWigatam and encvmbrances of every nature ~nd kind now on said dewibed properfy, a that hereafter may be impoted, suffered, plxed, levied, w ~uessed lhereon, w that he~rafter may be levied or ufetsed upon this Nbrt¢ age, w tM indebtednest secured Fxreby, each and every, when due and psy+ble, ~ccording to I~w, before tMey become delinquent, and b~fore any interat a+raches w any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPiIY SATISFIE~ AND DISCHARGE~ OF RECORD AND THE ORIG~NAI OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFfIC1AlLY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WISHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tFut any thereof is not paid, saYsfied and dischsrged sa:d MORTGAGEE may at any time pay the same or any part thereof wilhovt waiving w af(ecting any option, lien, equity or •iQht under w by virrue of this mortgage and ~he full amount of each and every such payment shall be immediately due and psyable and shall bear interest ~rom the date thereof until paid at rate oF n~ne per centum per annum and together aG ~u~j jqt~es ~shall be secured by the lien of th:s moryts9e. v ~~E z35 - - - - - - - - :