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HomeMy WebLinkAbout0412 ~~a7V/V ( ~ Y THIS IkOENTURE, 1Mad~ the SLh day of , SepL@mbel . A.O. 1972~ betweer? G1adYs B Nittler, a sinqle ~dult of SL . L.UCl@ Cqinty Fiwida, herei~after de~igeated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ corporation org+nized and existiny unde~ the lavin of the United Statoi of Amaica and havlnp iti principai plsc~ of busineu in ths City of Fort Pierca, St. lucie Counry, Florida, hereinafter de~ig~ated as the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebtsd to the MORTCaAGEE in the sum of = i l, 5~ . ~0 , good and lawful money of the Unlted Statei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of even date herewith, of whith tne iollowing in wordi and figures ii a trus copy, to-wit: =11.50U.00 ~ 10018770 Fort Pierce. Flwida. Se~Led~ -g S~ 19~ For value received, 1, we w either of us, promise to pay, without defalcation, 1o fhe o~der of FIRST FEDERAL SAVINGS ANO IOAN ASSO:IATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum of ~Z 1 i500 . ~0 with interest from date at the rate of 7• 7 SDro pe~ annum, in p?onthly instal6 mrnts as fol!ows: s 95. OO 1 SL day of November , ~9 72 and a like sum on the correspond~ng day of each month there- afrer uMil the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpa~d balance of the prindpal sum. If d ault is made in the i ~ ayment of any installment when due, and such default continues 30 days, then at the option of the holde~, and without any other notice, a~l tFx remain:ng i ~„stallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at a~y time without pena~ty. Neither fwebearance, nor acteptance by the holder thereof aiter any default in any payments hereon, shall be deemed extens'ron. A late payment charge of S 4•?S shalt be added to each instalfineM remaining unpaid 7 days after its due date, and a tike sum shall be added to each ~uch instailment remaining unpaid 7 days after each succeedir.g payment date. Each maker, surety and endorser hereof, jointly and aeverally, waives demand, presentmem protest and notice of protest for nonpayment, snd further agrees to any extension of time of payment, either before w alter maturity, without notice to any of us; and to pay all costs of co~lection, includ~ng a reasonable atto~ney's fee in the event of any default hereunder, and hereby severally waives all beneiit of horr.estead and exemplion under the constitut'an and laws of each State of the United States, as against this obligation or any extension or re~ewal hereof. Witness the hand and seal of each party. s/ Gladys B. Mittler ~Aq a single adult ~s~e?~~ (SEAI) cs~?u 17 . 2 S l State Revmue ES~aa~ps ~onafglm~ ~a# NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of = 11 , 50~. ~O and the performance of ths covenams and agreements hereinaiter e:pressed, and fw divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, retease, convey and confirm unto the N.ORTGAGEE, its successors and auigns, all that certain lot, piete a parcel of Isnd, situate, lying, and be:ng in the County of S L. LIiC 1@ and State of f Iwida, dewibed as follows: Lot t~, Block 58, RIVER PARK SUBDIVISION, UIYIT 6, according to a plat there- of on file in Plat Book 12, page 28, of the Public Records of St, L~cie County, Florida, ' i~ I ~ ' ~ o~ ~,.oR~oa~ f ~ a oOGUMEN~ARY . , iAl~P ; ~ r ! - ~ - ~ ~ ~ tO OEPT. Of RtYENt1E ` _ ~ ` ~ c ~ ~M QAY~Ak~lf OF T1U~Q ° = s~..~ ~ ~ { T. 2 5 1 a~ on ~ ~~,wc~ ~o~c ~n ° - ,.s. _ 1 ~r m ~u•~ o~ :9n ~ ~ =~~ioz ~ O ~wiM C~INT ~OU~ `S7' WCIE "w ~UII rogether with ~II and singular the tenements, hereditsnxnts +nd +ppurtances thereuMO belwgirg or in +nywise appertaininy thereto. ~nd all rents, iuues. proceeds and profits xcruing ar+d to acuue from ssid premises, all of which are included in the above and foregoing dewiption and habendwn. TO HAVE AND TO HOID the sbove described snd granted premises uMO the said MORTGAGEE, in succeuors snd ~uiyrn forever. And tM uid MORTGAGOR for he r ~;,s, executon, adminiitrators and assigns, Fxreby covenants with the :~id MORTGAGEE, its svccessws and assiyns, rhat ShQ 1 S ~awfully xized of the said premises in fee simple; 1Mt the same u~ free, ckar and diuharged fram all liens and encvm- bra~ces in law w in equity, and that 5he will snd her heirs shall warrant and defend the titte to the sams to the said MORTGAGEE, its successors and assigns, forever against the tawful claims and dema~ds of all pertons; ~ PROVIDED, AlWAYS that if Ihe MORTGAGOR ~hall pay unto the MORTGAGEE the promissory note hereinbefue dewibed and shall troly, prompHy ~ and fully perform, diuharge, execute, compkte, comply with and abide by esch and every the ttipula~ions, ~yreements, conditions and coven~nts of s~id promissory rate and of this Mwtg~ge, then this Mortgsge and the Estate hereby ueated shall cesse uid be null and void- ~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the iingular or plural anywhere in this Morfgsge, shsll be singular if one only and shall be plural jointly and severally if more than one, and that the wwd "their" as used +nywhere in this Mortgsge shall be taken to mean "hi~," "hen," or "its;' wherever the context w implies w admits. Also, that wherever there is a reference in t(x covensnts ~nd agreemenb herein contained to any of rhe ps?ties hereto, the ssme thall be construed to mean as well ~s the Ix~rs, legal represeMatives, ivtcessors snd ~ssgru (eitF~er voluntary by ~ct of the parties or involumary by operation of the Isw) of the same and that the covenants herein contained shall bind and the benefits and advsntages inure to the respective heirs, kgal reprexMatives, successor~ ~nd au'gr+s of the psrties hereto. And said Mortgsgors, fo? themselves and their heirs, legal representatives, succe~sor~ and essigns, lxreby jointly and severally covenant snd ~yree ro and with the said MORTGAGEE, its svccessort and assigns: 1. To pay all snd sirqular the principel and imerat and the various and sundry :ums of money payable by virtue of said promissory note, ~nd this mwtgsge, esch and every, promptly on the days respetlively the same xverally become due. 2. To psy all and singular the taaes, astessments, levies, liabilities, obligations snd encumbrarxes of every natwe and kind now on said desuibed property, w that hereafte~ may be imposed. suffered, placed, levied, or auessed thereon, or that hereafter may be fevied w+~seued upon this Mwt¢ sge, w the indebtedneu secured her~by, each +nd evay, when due ~nd payable, according to law, befwe they become delinquent, and befae any interes~ attaches or any penalty is inc~rred; ANO INSOFAR AS ANY iHEREOF IS OF RKORD THE SA1NE SHAII EE PROMPTLY SATISf1E0 AND DISCHARGED Of RECORD AND THE ORIGINAI OFfICIAt UOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RE~EIPT OR THE SATISfACT10N PAPER OfFICIAILY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt paid, sat"sfied and dischsrged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiving w affecti~+g sny option, lien, equity or •~qht under w by virtue of this mortgage and tF~e ful{ amount o~ each and every such payment shall be immediately due and payable and shall be+r interest srom the date thereof until paid at rate of nine per ce~tum per annum and together w~th s~ch intereat fhsll Os~~r~p,~ the lien of th:s morytsye. e~cx~US ~cE 4~.~. - - - ~ ~ . - -