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HomeMy WebLinkAbout1728 24Q5'73 THIS INOENTURE, Made the l 8t h day of nc t obe r A.~. 19?? between John Biedenharn and Jane A. BiedenhaCrq his K~ife oF St • LLICl@ _ _~~~ty Florida, hereinatter des~gnated as the "MORTGAGOR.'" a~d t~RST fEDERAI SAVINGS AND IOAN ASSOCIAiION OF FORT PIERCE, a corporat~on organ~zed and ex~sting unde~ ~he laws of the Un~ted Sia~as of America and having itt principal place of busmess in the City of fort Pierce, St. lucie County, Florida, hereinafter designated as the "MORiGAGEE:' WHEREAS Ihe MORTGAGOR is justly indebted to Ihe MORTGAGEE in the sum of : 29 good and Iawful money of the Un~ted S~ates advanced by Ihe MORiGAGEE unto the MORTGAGOR, as ev~dencad by a cerram promisswy note of even date herewitb, of wh~ch the following io words and figures is a t~ue copy, to-wit: • ~ lOOlg9~0 29 000 00 - Mo S L Fort Picrce, florida, ~tober 18 ~ 19 7~ fa valve recei~ed, I, we or either of us, p~om~se to pay, without defatcar~o~, to the order of fIRST FEDERAI SAVINGS ANO LOAN ASStX1ATION OF fORT PIERCE at Fort Pierce, Florida, the sum of S--?~~~ w~th ]nterest (rom date at the rate of7 •7SYe per annum, in monthly insu~l- ~~.en~s as fot!ows: S- 22O'~ - on the 1St day or _ Deeember ,~972___ and a like sum on the co~respond~ng day of each month there- a'srer until the whole be fully pa~d. Each insrall~nent first shall be appGed in paymem of the interest and rhen on the unpa~d batance of ihe prinrpal sum. Ii d ault is made in the ;,a;~nent of any insta~lment ,Nhen d~e, and such default conrioues 30 days, then at ihe option of ~he holder, and withoot any other not~ce, a~l fhe ~emaining ~waliments shait be d.,e and payabfe at o~ce. Priv~lege ~s given to prepay this note in whole or in part at any t~me without penaUy. Neither forebearance, nor acceptance by the holder thereof after any d<fautt in any payments hereon, shal! be deemed extension. A:ate payment tharge of s 11!~ shall be ~;Jded to each i~sta~imenr remaining unpa~d 7 days after its due date, and a iike sum shall be addrd ro each such instaitment remaining unpaid 7 days after each succeedf~:g payment date. Each oiaker, surety and endorser hereof, joirtly and severally, wa~ves demand, presentmrm protest and notice of protest iw nonpayment, and further agrees to any extension of tin~e of payinent, either be(ore or after matur~ty, without not~ce to any of us; and to pay all costs of co~lection, includ;ng a ~.~a:onable atromey's fee in the evem of any dafau't hereunder, and he~eby severally waives all benefit of homestead and exemption under the constitution ~nd laws of each Stare of the United Srates, as against this obGgation or any eatension or ~rnewal hereof. Wlrness the hand and seal of each party. ~ S/John Biedenharn (SEAL) SjJan2 A. Biedenharn (SEAL) (SEAU (SEAI) ~ ~43.50 ) State Revenue ;s~aiHcoce~~nc~te~c~nc~~~a~t~a~m~0 NO"N, THEREfORE, the MORTGAGOR fw the purpose of sec. ~•ng payment of sa~d sum of = 29 ~ and the perfwmance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, dces gront, bargain, se~~, remise, ~e!ease, convey and confirm umo the MORTGAGEE, its successors and ass~gns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St . Luc ie and State of Florida, desa~bed ~s follows: Lot 15 and the North 40 feet of Lot lb, Block 22, PINEh700D 5LIBDIViSION, as per plat thereof on file in Plat Book S, page 24~ recorded in the public records of St. Lucie County, Florida~ more particularly described as folloks: ^ V ~ ~ ~ r~ Beginning at the Nti~' corner of said Lot 15, run thence South along the Kest line of said Lots 15 and 26 a distance of 100 feet to a point; thence ' ~ turn and run East parallel ~?ith the north line of said Lot 15 a distance of 3 118.54 feet to a point on the East line of said Lot 16; thence Northeasterly ~ y alonc~ the east line of said Lots 16 and 15 a distance of 103.5 feet to the j ~ g,.: Northeast corner of said Lot 15; thence run [:est along the Nnrth line of ~ said Lot 15 a distance of 145.2 feet to the vorthwest corner of said Lot 15~ ~ being the point of beginning. ~ ~ ' ~ . a r~nc'. mortc~~c~ors covPnant that thPy ar~ th~ ic?entical indivi~u~?ls nam~c~ ~ ~ as ~*~~ntees in that tti'~rranty neec? from Jamc~s F. *Ial~y ~znc1 htargar~t P•~:+lc~y, hi~ wifc~ to John I!. Ric~c~Fnharn anci .]anc~ A. Riecic~nharn, his witc~ h~~rin<~ c~~+tc~ of 9/7/"72 recorc?~d in O. R.. Book 206 pa~e 598, of th~ oublic r~corr'~. of St. I_uciP County, I'loric~a, ~ogether w~th all and singular the tencments, hered~taments snd sppurtanccs thereunto belonging a in anywise appertai~ing therefo, a~d all rents, ifsues, proceeds and profits accruing and to accrue from said premius, all of which are included in the above snd foregoing deuription and habendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and sssigns forever. And tM sald MORTGAGOR for - thglr-___- he;rs, e:ecutws, administrators a~d assigns, hereby covenantt with the said MORTGAGEE, its tuccdswt and aKiyn~. r~at _ theY_are__ iaWf~iiY ~;zed of the said prem~ses in fee simple; that the same are free, clesr and diuharged from ~II liens and ~ncvm- hrances in law or in equity, and that they W~~~ a~ their heirs shall wsrrant and defend the title to the same to 1h~ said hIORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; ; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described ~nd sMll truly, prompt~y and (vlly perform, d~uha~ge, execute, comp~ete, comply with and eb~de by each and every the stipulations, agreements, conditions and covenants of said ~ p~omisswy no~e and of this Mortgage, the~ this M«tgage and the Estate hereby vested shall cease and be null and void. ~ IT IS UNDERSi00D that the word "Mortga9or" whether in the s~ngular w plvrel anywhcre in this Mwtgsge, shall be singuler if wie only and ~ shall be plvrs~ join?ly and severally if more than one, and that the word "the~r" as used snywhere in this Mortgage shslt be take~ to mean "hif;' "F~en;' _ ~a or "its," wherever the context w implies o~ admits. Atso, that wherever there is a refere~ce in the covena~ts and sgreemmts herein co~t~ined to any of ~ rhe parties hereto, the ssme shall be construed to mean as well as the hein, legal represeMativei, successors snd assgns (either voluntary by atl of the ~ parties or involuntsry by operation of the Isw) of the same and that the covensnts herein contained shall bind and the benefiti a~d adv~ntayes inure ro the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgsgors, fo~ themselves and thei? heiri, legal representatives, successors and assigns, hereby jointly and severally covensnt and a9ree ro and with the said MORTGAGEE, its s~ccessors and assigns: 1. To pay all and singular the prirxipal and interest and the various and sundry sums of money payable by viriue of said promissory note, and this mortgsgc, each ~nd every, promptly on the days respect~vely the same uverally become due. 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations ~nd encumbrarxef of every nature and kind now o~ said dewibed property, a that hereafter may be ~mposed, sufFered, placed, levied, a assessed thereon, w tFwt he~eafter may bs levied w assessed upon this Nbrt¢ age, w the indebtedness secured hereby, e~ch and every, when due +nd payable, acco~ding to law, before they become delinquent, and before any tntereit ar~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOF tS OF RKORD THE SAME SHAtt SE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFfIC1AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAT(SfACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAII BE PIACEU IN THE HANDS OF SAIO MORiGAGEE WITNIN TEN DAYS N'cXi AFTER PAYMENT; and in the evenf that any thereof is nof pa~d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof without weiving w sfiecting +ny oplion, lien, equity q •~qht under or by virtue of this morrgage and the iull amount of each and eveiy such payment shall be immediately due and payable and shall bear interest f~om the Jate thereof until paid a~ rate of n~ne per centum per annum and together w~th such inrerest shat~ bE se~r by the lien of th;s morgtaye. U ~ ' t ~)G+c rA~ f~ i t'~~ ~ ~ ~~Q~ - ~ _ .~~~-v- _ ~ ~ ~ ~ ~ i' .