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HomeMy WebLinkAbout1076 , ~ THIS INDENTURE, Made the 3'=d day of Noveaber A.D. 19??_, between Doris C. Raidle a sin le adult of St • LuC e County Florida, hereinaNK desgnated as the "MORTGAGOR." antl fIRST fEDERAI SAVINGS ANO IOAN ASSp~IATION OF FORT PIERCE, ~ corpwation orya~ised and ea~itin9 vnder ths taws of the United Sfatos of Amcrica and havinQ its principsl placa of bu~inesi i~ tMs City of Fort Pierce, St. lucie Co~nty, Florida, hereinaiter designated at ths "MORTGAGEE:' WHEREAS the MORTGAGOR is j~itly indebted ro the MORTGAGEE in the sum of; 26~7~•~ good and lawful moray of thc Un;ted S~ares advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certai~ p~omissory note of even datc herewith, of wh~ch the following in words and tigures ia s trve copy, !o-wit: s 26 •70~•~ ~ 10019023 Fort Pierce. Nwida. NOV@a~r 3, 1972 for val„e received, I, we or either of us, prom~sc to pay, without defalcarfon, to ilre o~de? of FlRST FEDERAI SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE af Forf Pierce, F:arida, the sum of s 26~7~~~ with intere 1(rom date at the rate of7~25% per annum, in monthly install- ~~~ents as fol!ows: = 2~2•~ on tF?e lOLhday cf _~Ce~e= ~y 7~ and a like sum on the cwreaponding day of each month there- a~ter until the whole be fully pa~d. Eath installme~t first shall bt apptied in payment of the interest and then on the unpaid bala~ce of tF+e princ~pat sum. If dafault is made in the Fayment of any in~taltmen? when due, and such default tontinues 30 days, then at the option of the holder, and without any other rotice, all the remaining ~~stallments shall be due and payable at once. Privilege is given to prepay thii note in whole or in part at any time without penalty. Neither fwebear~nce, nor acccp!ance by ~he ho~der thereof after any default i~ any payments F~c?eon, shall be deemed extension. A late payment charge of s l~ shaN be added to each insrattmrnr remaining unpaid 7 daya after in due date, and s I~ke tum sF~all be added to each such installment remaining unpaid 7 days aEter each sucteeding payment date. Each ma~ surety and endorser hereof, jointly and severally, waives demand, presentment proteat a~d notice of protest for nonpayment, and furlher agrees to any e.:~ensron of t~me of paymrnt, either before or after maturity, without no~fce to any of us; and to pay a~l costs of collection, includ;ng a reasonable attorney's fee in the event oF any defaul~ hereunder, and FKreby severally waives all bertefit of homestead and exemption ~nder the tonstitution end Iaws of each S~are of ~he United Statez, as against this obliga~ion a any e~rrension or renewa( hcreof. Witrtesa the hand and seal of each party, (SEAW _ s/ Doris C. Raidle, a sin le~Ai~ adult ~~i~ $40.0$ ~ ( ~ State Rtv~nue (S+~iw's-o~nteited-en-erigiwal ~+e1e~ 26 700.00 NOVV, THEREFORE, the MORTGAGOR for the purpou of securing payment of said sum of s 1 and ths performance of the covenants and agreemenh he~ei~after expreued, and fot divers good and valuable considerations, by these presents, does grant, barg~in, ult, remise, release, convey and conf~rm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece w pucet of land, aituate, lying, and being in the County of $L. L,VC1Q and State of Florida, described a~ follows: . Apartment III-(201) of the Colonnades Condominium # 5 according to Declaration of Condominium recorded in Official Records book 19~, page 1482 of the public records of St. l.ucie County, Florida ,as ammended by instrument recorded in Official . Records book 198, page 996 of the public records of St. L.ucie Caunty, Florida, a~d further amended by instrument recorded in Official Records book 208~ page ~81 of the public records of St. Lucie County, Fiorida. Together with a12 appurtenances thereto together with an undivided interest in the covmon ele~ents and the ~imited common elements Lhereof M STATE oF FLO R l D A~ ~ 4 IN PAYMENT OF TAXES DOCUMENTARY~- STAMP Tk~ ~ DEPi. 4F ~tEYENlJE + DUE ON CIASS 'C ItITANGIlIE PE~NAI PROPERfY~ M - = 4 0 0 5 ~o ~ER ~TS o~ ~ o _ e~ = wuvto•~z ; . ~ . 1 to~oc~r PoRw~s ~ ~ o= tuaZ 'o...~' ' CLERI( CNIGIR COURT, ST. UJCIE CO,, flJl together with all and singulsr the tenemems, he?editsments and appurtarxes thereunto beloegirg or in anywise appertainirg thereto, and a0 rentt, iuue~, pr«eeds •nd profirs acc.uing and to acaue from ssid prem;ses, all of which are iraluded io the above and fue9oing description snd habendum. TO HAYE AND 70 HOLD the sbove desuibed and granted p~emiKS unto the ~aid MORTGAGEE, iri succeswn and ~uiyns forever. Md tM said MORT~',AGOR 1or her he;rs, executon, administr~!ws end assigns, Fxreby covenanb with the ssid MORTGAGEE, it~ s~ccessors ~~d astipro, SZl@ 1S rhar lawfully x~zed of the said prem~ses in fee simple; thst the same ue free, dear and discharged from all liens ~nd e~cvm~ b.ances in law a in equity, and thst Stle W~~~ s~ her ~~n shall wsrrant and defend ths title to the same to the s+id MORTGAGEE, its successws and assigns, forever againsf the lawful claims and demandi of all persons; PROVIOED, AtWAYS that if the MORtGAGOR shali pay unto t}we MORTGAGEE the promiuwy note hereinbefore described snd shalt tr~ly, promptly and fully perform, discharge, execute, compkte, comply with and abide by eath snd every the itipulaY~ons, agreements, conditiaq a~d tovenants of ssid prom~sswy rwte and of this Mortgage, then this Mwtgsge and the Es~ate hcreby aeated shall uase end be null and vo'rd. - IT tS UNDERSTOOD that ihe word "Mwtgagor" wherher in the s~ngular or plura) anywhcre in this Mortgsge, shall be sinpular if on~ only ~nd sF.all be plural jointly s~d ieverally if more than one, and that the word "rheir" as used ~nywhere ir+ this Mortgage shall be t~ken to mesn "hn;' "hera;' or "its;' wherever the conteat so implies a admits. Also, th~t wherever there is s reference in the covenants ~nd ~yreertrent~ herein contained to any oi fhe panip F~ereto, the same shall be construed to mesn ss well ai the heirs, legal r~euntaNves, successon and assigro (either voluntary by scf of tM parties w involuntsry by operation of the law) of the same and that the covena~ts herein contained shall bind and the benefiq snd advsM~yes i~ur~ to the respecfive Ixirs, legal represe~tarives, sutcessors and ass°gM of the pa:ties hereto. And said Mortgagors, for themselves and their hein, legal representatives, succeuors sr+d ~ssiyns, Fxreby jointly and severslly covenant and ayree ro and with the said MpRTGAGEE, its successors and assigns: 1. To psy all and singular the principal a~d imerest and the various and sundry tums of rnw~ey payible by virtue of said promissory note. ~nd this mwtgage, each and every, promptly on the days respectively tl~t same severally become due. 2. To pay dl and singulu the taxes, assessmenfs, levies, li~bilities, obliy~tions and encvmbr~nces of every narure and kind now on ia;d dexribed prope~ty, w that hereafter may be impo~ed, suffered, placed, levied, or suessed thereon, w thst heresfia may be levied a a»essed upo~ thq Mortp~ age, w the indebtedness secured hereby, each and every, when dve snd payabte, accordirg to taw, before they becortie detinquent, and before any interest attaches w any perwlty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED ANp DISCHARGED Of RECORD AND THE ORIGINAI OFFICtAI DOCUMEPfT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICtAIIY ENDORSEO OR CER11fIfD? SHALL Bf P1ACE0 IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thal any thercof is not paid, sat'sfied and discharged sa:d MORTGAGEE msy at any time p~y the seme w any psrt tF?ereof without waiving w affecting sny option, lie~, equity w •iqht under or by vir+ue of this mortgage and the fvll amo~nt ot each and every such paymenr :hall be immed'rately due and payabk snd slwp bear interest s~o+n ~he date thereof unril pa~d at rate of n~r~e per centum per a~nvm and togethe~ w~th such interest ih~ll be iecured b t en of th:i mwgtsye. ~ E ~~X VhGf - ~ T~~.~ ~ ~ ~ - v . . , ~ ~ -