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Home My WebLink About2679 23~109 iNIS INOENTURE. M.d~ the 27th day of September A.D. 19 72 ~ between C.~ c_.. _ Fciward F. Newberger, ~r. and'Sharon G. Newberqer. his wife of _ St . LUC 18 Cp~~~y flwida, hereinaft~r dttignated as tM "MORIGAGOR," ~nd FIRST fEDERAI SAVINGS AND IOAN ASSOCtATION OF FORT PIERCE, a eorporation w9snized a~d ex~s~ing unde~ ths (aws of 1h~ United St+tw of Americ~ a~d havinp iri principat pl~n of b~3~ness in ~M Ciry of Fort P~erc~, St. luci~ County, Florida, hereinafter d~si~nited ~s tFK "MORTGAGEE." ~ W HEREAS tha MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum of = 2 S~~0 , good and lawful money of the Un~ted ; S~afes advanced by fhe MORTGAGEE unto ~he MORTGAGOR, as evidenced by • certain promissory not~ of eveo date herewith, of which the following in .~ords and (igures is a true copy, to-wit: i f IS~~~.00 ~ ~~018858 ' ~«e P~.~e, Florida, SQPtember 27 1_19 72 ior va~ue received. 1, we or either of us, promise to withovt defslcation, to the ordzr of FIRST FEDERA~ SqV1N(iS AND LOAN ASSOClATION OF ~ ~R1 PlERCE af Fo~f P~erce, Florida, the sum of j 1 5~~~ with interesl from date at 1he rate of 7' S So per annum, in monthly inatalM ' ~,•~trs as io!lows::~lll .0~ on the lSt day of November ~ ~9 72 snd a like sum oe the carrsponding day of each month the~r rrrer until the whafe be fully paid. Each instalSment iirst shall be applied in payment of the interest and then on the unpaid bslsnce oi the prir+c ~pel sum. Ff d ault is msds ,jn the ,~~,~~~ent of a~y inataUrnrn? when due, and such defau~t continues 30 dayb the~ at the option of the holder, and without any other not~ce, all the remainirg .atal~~nents shail be due and payable at ance. Privilege is given to prepay this note in whole or in part af any time without penalty. Neither faebear~~ue, ~ nor acceptartce by the holder the~eaf after any default in any payments hereon, shall be deemed extension. A late payment charge of :5 • S$ thall be ~ ,J:i_d ~o each installment remaining unpa:d 7 days after its due dale, and a like sum shall be added to each such ins?allment remaioing unpaid ~ days after ~ ~~3ch succeeding paymeN date. Each maMer, surety and endorser hereof, jointty and severally, waives dtmand, prexntment protest and notite of p~otest fw nonpaymenf, ~nd further , _~~~ees to any extensio~ of fime of payment, eirher belore or after rr~a?vri~y, without notice to any of us; anc! to' pay all costs of collection, including a ~ ~-uonable attcrney's fee in the event of any default hereunder, and hereby severa~ly waives all benelit of homestead and exemption under Ihe constitWion ~ _i !aws of each State of 1he United States, as against this obligation or ~ny exfensioe w?enewal l~e~eof, ~ ~ ` iN;tness ~he hand and seal of each arty. J ~ ` P ~L ~Tc~K. /~~[.t. Y . csEAu s Edward F. New er er Jr. (SEAI) ' ~ ` c z- ~C ~ ~Ept) s Sharon G. New erger ~U • ti 22 ' S0 i State Revenue . `~7ntFfT feM'!'IIlt} LT O(791i1aI T01l~ ~ NOW, THEREfORE, the A10RTGAGOR for the purpose of securing psyment of said wm of S S•~~ ~nd the performsnce of the - ~.,:e~ants and agreemenrs hereinafter e:presscd, and for divers good and vsluable considerations, by theie presents, does gr~nt, baryain, sell, remise, asr, convey and confirm unto the MORTGAGEE, its successors and assigns, all that ceruin bt, piece w parcel of Isnd, sitwfe, lying, and being in the Co;,~ty of St . Lucie State of Florida, desvibed ~s follows: South 1~ of Lot 16, all of Lot 17 and the h*orth 12.5 feet of Lot Z8, Block 2, ~?fERRI~VEATHFR PARK SUBDIVISION, as per plat thereof on file in Plat Book 6, oage 16,'of the jublic records of St. Lucie County, Flo rida , ~ ~ 3---~'-._°__°__ ~ ?~r~oir aF ~ aic oM a~ss ~ ~ ~ ~oPa~r; , a~?~r m ~n•~ oF ~9n.~ r CtERI~ CtAGMT ODURT, ST. LtlC1E C0, f1~ ° STATE ~F F= l.._O R 1 CD A~ " DOCUMfNTARY ..w.:., STAMP TAX I `c'x ~ DEPT.Of RErENUE ,s` . , a ' P.~. ~ ~ ~~'72 Z Z. S O ~ ~ ~ J O f ~ r' _ 111Gt •'ti_..s` ~ ~ A11 nw r.i~ gether with all and singulsr the tenements, hereditaments and ~ppwtances thereunto belonging or in ~nywise appert~ininy thereto, and all ~ents, Iuues, ,:~oceeds and proiin acuu~ng a~d to accrue from taid premises, all of which are included in the ~bove and fOtegoirg detcription and habendum. TO HAYE AND TO OL4 the above described and ynnted premises unto the said MORTGAGEE, ib suaesson and ~uiyns fwevtr. Md the said t~iei r .'.ORTGAGOR for hei~s, executws, sdministrators snd ~aigns, hereby covenants with the uid MORTGAGEE, ib waestors ae~d ~siipm, .,,di _they_a re iaWt~ny sei:ed of the said prem~ses in fee iunple; tMt tht ssme ue free, clear and disch~rged from all Ik~ ~nd ~ntun~ •ances in law or io equity, and that thQy will and their heirs iMl) wsrrant ~nd defend the title fo the sam~ to Ihs safd :•.ORiGAGEE, its successws and assigns, fwever against the lawfu! claims and demands of ill persons; PROYIDED, AIWAYS that if the MORTGAGOR shall p~y ynto the AhORTGAGEE the promittory note hereinbefor~ dewibed ~nd shall fruly, promptly j =,d fully perform, dfxfiarge, execute, complete, comply with snd abide by each and every the stipulatioro, ~greemenri, condit'iau and coverunq of said cromissory note snd of this Morfgsge, fhen this IKortgsge ~nd the Est~M hereby created shaN cease arid be null and wid. IT IS UNDERSTOOD that the word "Morfqsgor" whether in the singular or plur~l anywhere in this Morty~ye, thall be sinpular if one only and shall be pluro! jointly and severally if more than one, snd that the wwd "their" ~s u~ed anywhere in this Mwtgaye shill be bken to mean "his:' "hen;' : or "its," wherever the co~text w implies w admits. Aiso, thaf wFxrever there is • reference in the covens~ts and syreementr herein confained to iny of ~he parfies F~erefo, tF?e same shall be construed to mesn as well ~s the he~rs, legal ~~presentatives, svuessws and assiym (either vol~ntary by act of th~ J3r1iCt or involunrary by operation of the Isw) of the same and that the cove~anri herei~ contained shall bind ~nd ti~e benefits and adva~fayp Inur~ ro the respective heirs, kgal representativq, successors +nd ass'gns of tAe partip hereto. Rnd said N~wtgagon, fa themselves ~nd their heir:, legal representatives, succeuo?s and auiy~s, hereby jointly and severally coven~nt ~nd ayree ro and with tFu said MORTGAGEE, its s~ccessors and sstigni: 1. To pay sll and ~ingular the principal and interest and the various ~nd sundry wms of money payable by virtue of said promiuory note, •nd thia ^,ortgage, esch snd every, promptly on tl?e dayi rdpectively tF~e same uverally becane d~e. 2. To pay all and s;ngular tl~e faxes, issessmen», levirs, lisbilities, obligstions end encumbrarxes of every natwe and kind raw on sad described o•operty, or thst hereafter m~y be imposed, s~ffered, plated, levied, w assessed thereon, o~ that hereafter m~y be levied or assessed vpon thq Mort¢ 3ge, or the indebtedness ucured hereby, each and every, when dw and payable, accordirg to law, before they becorr~ delinquem, ~nd befor~ any intaat ,rteches o~ any penalty is i~curred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHALL 8E PROlY1PTlY SATISFIED AND DISCHARGED OF ~ECORD AND THE ORIfsINAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, iNE TAX RECEIPT OR THE SATiSfACT10N PAPER OfFlCIAILY ENDORSfD t:8 CERTIFlED} SNALL 8E VtACED IN THE HANDS O~ SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that sny thereof is ~ot c:~~d, sat sfied snd discharged sa:d MORTGAGEE may at aay time p~y the same w sny parf fhereof withwrt wsiving pr affettiny any option, lie~, equity ot ~~~ht vnder or by virtue of ~hfs mortgage and the futl amount of each and every sucA payment shall be immed;ately d~e and payable ~nd shall be~r interest ~~om the date thcreof until psid at rate of nine per cenlum per annum •nd together w~th such in/erest 1 ed by tFy~ Ijen ~~h:s mor9fa9e. o~K~~ raGc ( i~ ~ , , - - , ~ ~I s~~ ` ~ :''~~-~-~-.a~~>,.~ . ~ ~ '