HomeMy WebLinkAbout0333 THIS INDENTURE, Made the 6th day of ~395y5 October A.D. 19?? between
Gerald Reidlin and Mi i Reidlin his wif e
St Lucie + '
of • County Flwlda, hereinafter dei~gnated as ihe "MORTGAGOR;' and ^f1~5T fEDEtiAI SAVINGS ANO LOAN
ASSOCIATION OF FORT PIERCE, a corporation org~nized and existing unde~ the laws of the United Stat~s of Americ~ and having its principal placs of
business in ths City of Fort Pierce, St. lucie County, Flaida, hereinafter designated as the "MORiGAGEE:'
WMEREAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE i~ the sum of = 6~~O- 00 good and lawful money of the Un~ted
Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain prom~sswy note of even'date herewith, of which the following in
words and fgures is a true copy, to-wit:
= 6,000.00 ~ 10018895
Port Fte?ce, f~orida, ~ctober 6 ~y 72
For value received, I, we w either of us, promise to pay, wifhout defalcat~on, to the order of fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the sum of = 6 iOOO. O0 w;th interest from date at the ~ate of 7~7 °.~'e per annum, in monthly instafl-
ments as follows: S 65. 00 on the .~5~ day of Dpe mhPr , ~9~2.. and a like sum on the correspond~ng day of each month therr
after unti) ?he whole be fully paid.
Each installment firs? shall be applied in payment of the interesl and then o~ the u~paid balance of the princ~pal sum. If d aulf ~s made in 1M
Nayment of any instailment when due, and such default continues 30 days, the~ at Ihe option of the holder, and without any olher notice, all the remain~ng
~nstallments shail be due and payable at once. Privilege is given to prepay this rate in whole or in part at any time without per.alty. Neither forebesrante,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed exrension. A late payment charge oi S~, shall be
added to each installment remaining unpaid 7 days atter its due date, and a like :um shall be added to each such installment remaining unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and f~rther
agrees to any eatension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all costs of collection, including a
rzasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutwn
and laws of each State of the United States, as against this obligation w any extension or renewal hereof.
W~tne:s the hand and seal of each party.
s/ Gerald Reidling ~A~~
(SEAI)
s/ Miami Reidling ~Ep~~
(s~?u
~ $ 9. 00 t State Revenue
1S~a.Pa~+wc.tbd..r~a.y~r.t+ata 6 ~00.00
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of ssid sum of S ~ and the performance of the
covenants and agreements hereinafter expressed, and for d~vers good and valuable considerat~ons, by these presenn, does grant, bargain, sefl, remise,
release, convey and confirm unto the MORTGAGEE, its successors and a:signs, all that certain lot, piece w parcel of ~and, sitvate, lying, and being in the
County of $t . LUC 1 e and State of florida, dew~bed as follows:
The east 130.00 feet of the south 132 feet of the north 1345 feet of NW 1/4,
Section 13, Township 35 South, Range 39 East, St. Lucie County, Florida;
less right of way for Copenhaver Road as heretofore deeded to St. Lucie
County; BBING also the east 130 feet of Tract 80 as shown on unrecorded
plat of subdivision referred to in instrument filed in Official Records
Book No. 27, at page 5, St. Lucie County Records.r
I ~
i v sTATE ~F FL~RIDL~
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i•+ = t1~o2 L'uE ~Ii CIAiS 'C' INTd.9C~'~i~ i CRSC:NHL r.%., •c i.
° fL~:S::,i:i l~ i:iiAPiER iI-i~.. ';.:iS OF ly~l. ~
. fiOGER Wli:,f:S l~' ~ ~
CLF,,"iK CIR(:WT t~liRt, ST. LL'CIE ~
rogether with all and singular the tenements, hereditaments and appurtances thereunto belonging w in mywise +ppert+ining thereto. and all rontt, iuuei,
proceeds and profits accruirg and to accrue from said premises, all of which are irxluded in ~he above and foregoing dewiptwn •nd habendum.
TO F1AVE AND TO H04D the above desaibed and granted premises ~nto the said MGRTGAGEE, itt tucceuon and aui9ni fwever. Md tM ~aid
MORTGAGOR for th@17[____ ~;rs, executws, administrators and assigns, he~eby covenants with the s~id MORTGAGEE, its successors ~nd ~uiyro,
that -thgY_ dY~_- lawfully uized of the said premises i~ fee simple; that the same are free, cle+r and dixharged from sll liens ~nd encum-
trances in law or in equity, and that thev wi11 and their heiri shall warrsnf and defend the title to the same to the ~aid
MORTGAGEE, its successors and assigns, forever against the lawful clsims and demands of sll persom;
r~ PROVIDED, AlWAYS that if the MORTGAGOR shall psy umo the MORTGAGEE the promissory note Fxreinbefore dewibed and shall truly, promptly
and fully perform, d~scl~arge, execute, complete, comp~y with and ab~de by each and every tlu stipulstions, agreements, conditrons and covenanb of said
promissory note and of this Mortgage, then this Mortgage and the Estate hereby uested shall cease and be null and void.
IT IS UNDER51000 that the word "Mortgagw" whether in the :ingular w plural snywhere in this Mortg~ye, shall be singvlar 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 tsken to mean "his;' "hen,"
or "its;' wherever the context w implies or admits. Atso, that wherever there is a refertnce in the coven~nts +nd agreemenri Froreen tontained to any of
the parties hereto, the same ~hall be construed to mean ss well as the heirs, legal representative~, successors and assigns (either voluntery by +cf of the
parties or involuntary by operation of the Isw) of the same and that the covenants herein contained shall bind and the benefits and advant~yes inur~
ro the respective heirs, legel repreuntatives, tuccessws and ass'gns of the psrties hereto. •
And said Mwtgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jantly snd severally covenant ~nd ayree
ro and with the said MORTGA6EE, its iuccesson and assigns: '
1. To pay all and singulsr the princ;pal snd interest and the various and sundry sums of money payable by virtue of said promissory note, +nd this
mortgage, each ~nd every, promptly on tF+e dsys respectively the same sevenlly become due.
4. To pay sll ~nd singula~ the taxes, asussme~ts, lev~es, liabil~ties, obligstiont and encumbrarxet of every n~ture and ki~d now on said described
property, or that Ixresfter may be impo~ed, iuffered, plxed, levied, or asseued thereon, w that hereafter may be tevied w asse~sed upon this Mat¢
ags, or tl~e indebtedneu secured hereby, esch and every, when dve and psyable, accordinp to law, before Ihey become delinquent, and befwe ~~y intaes~
attaches o? any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND OISCHARGED OF
RECORD AND THE ORIGINAL OffICIAI OOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEtPT OR TME SATISFACTION PAPER OfFIC1AllY ENDORSE~
OR CERTIfIED) SHAII BE PLACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the evenf thst s~y thereof is not
paid, sst"sfied and dischsrqed sa:d MORTGAGEE may at a~y t~me pay the ~ame or any part thereof without waiving or affecting sny option, lien, equity a
~ipht under or by virtue of this mortgsge and the full amount o4 each and every such payment shall be immediateiy due and payable and shall bear interest
lrom the date thereof until paid at rare of nine per centum per annum and together w~rh such interest shall be secured by the lien of ti~:s mwgtaye.
~~~r~07 ~b~E 333
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