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Home My WebLink About2277 v THIS INOENTURE. Made the 27 day of ~CtObfr A.D. 19 72~ betweer? Maurice A. Sha~iro at~d Barbaza J. Shapiro, his ~?ife of $t• 1,~1CiQ County Florid~; herelnafter deignated as Ihe "MORTGAGOR," snd FIRSi FEDERA~ SAViNGS AND IOAN AS$pCIATION OF FORT PIER~E, i corpaation organi:ed and exis~ing under Ihe laws of 1he United Slatos of America and hsvirg its p~intipal plac~ of busine:s in ths City ot fort P;e.ce, S?. lucie Couny, Florida, hereina(fcr dcsignatod as the "MORTGAGEE:' WNERE.IS Ihe MORTGAGOR ia justly indebted ~o the MORiGAGEE in the sum of = , good an~! lawful mo~ey o( the Un~ted Sfates ad.anced by the MORiGAGEE unto the MORTGAGOR, as ev+danced by a certa~~ promi~sory note of even date he~ewitl+, of which the lo~lowing in wcrdi and figures is a r~us copy, to-wit: s 26,000.00 N,10018988 Fo?~ P~~.~e, Flaida, October 27 ,~y1~ Fw value received, 1, we w either of us, p~om~se to pay, without defalca~ion, ~o the order of f1RSi FEDERAI SAVINGS AND IOAN AS50CIATION OF FORT PIERCE at Fo~t Pierce, fiorida, the sum of S Z6~Q~-~ w~~h i~ferest from date at the rate of ~_°'o pe? annum, in monthly insfsll- • - ~~,ems as (oilows: ___~~__3i~- on the day of rCh 19_Z~_ and a iike sum on the correspond~~g day of each month theie- afrer until the whafe be fully paid. fach instal!ment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If d auh is made in ths ` Fay~nent of any installment when due, and such deiault continues 30 days, the~ at the option of the holder, and witFr~ut any other notice, all the remaini~g f~ ~~~sta!ImeMS sha(1 be due and payable ar once. Privilege is given to prepay this nofe in whole or i~ part at any time without penalry. Neither (orebea~ance, nor acceptance by the holder the?eoi afie~ any defauU in any paymeMS hereon, shall bt deemed eatension. A tate payment tharge of Z~_, shall be added to each instaltment remainirg unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days ~fter ~ each succeeding payment date. ~ fach maker, surery and endarser hereof, jointly and severaUy, waives demand, presentme~t p~otest and natice of protest fw nonpayment, and fvrther ~ agrees to any extens~o~ of ttme of paymen?, e~ther be(ore w after maturity, wi~hout nof;ce to any of us; a~d to pay all costs of collection, includ~nq a ~ irasonable attorney'a fee in the event of any default h.ereunder, and hereby severally waives att benefit of homestead and exemption under the constitution a~~d laws of each Stafe of the United States, as against this obli9atio~ or a~y extens~on w renewal hereof. , Witnesa the hand and seal of each party. . S u~ ~~@.~ w c L~~2 (SEqLj ~ (SE/il) cs~?u ~ S/ B~Ybara J. Sh~?,nirn t ~ 39 •00 ~ s~a~~ a~~~~~ - (b+siwp. <«~.eNsr.oa.ou~iwal.de) NOW, tHEREFORE, the MORTGAGOR fw the purpou of secvring payment of ssid sum of S~QOQy.QQ__~ a~ tf~e performance of the covenants and agreemenrs hereinafter expressed, and for divers good and valuable considerations, by tf~ese presents, does gra~t, baryain, sell, remise, re!ease, convey and confirm unto the MORTGAGEE, its successors and au~gns, all that ce~tai~ lof, piece a parcel of land, tituate, lying, and being in ths Cwny of SL . LL1C le ~ am! State of Florida, deuribed follows: Lot I, Block 291 , PORT ST. LUCIB SBC?ION TWO, according to the Plat thereof recorded in Plat Book 12, Page 12, P~blic Records, St. Lucie County, Florida ~ STA7E oF ~LORIDf-~ ~ ' ~r. OOCUMENTARY.~~,.STAMP TI.X ~ c°-~ QE~T. OF REYENIfE ~ ~ _ _ .,:~-~~~z s ' ~ 3 9. 0 0 1 e ~ ~i ot r R6CEIYED i•3~ -~a IN PAlrl~litfT OF ~qtft OllE ON Cl/1SS 'C M1ANG~ PERSf~NAI PROPFRIY. PURSIlAMT i0 C11AP~TE~ ~ S Of 1911 ~ l~ p~AK CIRCUR OOUR1~ ST. LUCIE 00, F[/1, ragether w~th all snd singular the tenements, hereditaments and spp~rtances thereunto belonging w in anywise appeAainirg thereto, ~nd all rent~, issues, proceeds snd prof~ts acuuir.g a~d to acaue from said premises, all of which are includcd in the above snd faegoing description ~nd hsbendum. ? ; TO HAVE AND TO HOLO the above desvibed and gnnted premises unto the said MORTGAGEE, iri successors and auigns fwever. Md th~ said i i MORTGAGOR fw heirs, exetutws, administrators and assigns, hereby covenant~ with the said MORTGAGEE, ib succesfors ~nd ~uipM, : the are Y pr~;~ ~n fee sim !r; that ths same sre free, clear •nd discMr , rhaf - lawfull se~zed of the said p ged from all Iieru and encum- ~ brances in tsw or in equity, and that they wi11 and their hein ihall warrant and defend the title to the ~ams to th~ said uORTGAGEE, its successas and assgns, forever against the lawful claims and demsnds of all persaa; ~ PROVIDED, ALWAYS ~hat if ~he MORTGAGOR shall pay unto fhe MORTGAGEE the promisiory note hereinbefwe described a~d shall huly, promptly and fully perform, dixharge, execute, compkfe, comply with and abide by each and erery the ttipulations, agreements, conditiau snd covenants of s~id prom~uory rate ~nd of this Mortgage, ihen this Mortgage and the Estate hcreby ueated ihali ce~se s~d be null and void. ~ IT IS UNDERSTOOD that the word "Matgagw" whether in the singula~ w plural anywhere in this M~ortgage, shsll be iiny~Iar if on~ onty ~nd ~ shall be pfural jointly ~nd severally if more than one, and that the word "their" es used a:?ywhere in this Mongage :h~ll be take~ to mean "his;' "hen;' t or "i1s;' wherever the context so implies or admits. Also, that wherever there is a refere~te in the covenann and ~greements Fxrein cont~inad to a~y of ~he parties Fxreto, the same shall be construed to mean ss well as the heirs, (egil representatives, sutttssws and assigns (ei~her voluntary by act oi tht pa.ties or inrofuntary by operaYan of the !aw) of the same a~d that the covenants herein tontained shall bind and the benefin a~d advanta~q inur~ to the respective heirs, legal represcntatives, successors and ass'gns of the parties hereto. ~ Ar?d said Mortgagors, fw themsefves and their heirs, legal representatives, successors ~nd aui9ns, hcreby joinNy and severatiy covensnt end agree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay al! and singular rhe principal and intnest snd the various and sundry sums of money paysble by virt~e of said promiisoty note, ~nd thi~ mwtgage, each and every, pomptly o~ the days respectively the same severally become due. ! 2. To pay all snd singular the taxes, ss~essments, levies, lisbilifies, oblgstiw?s and encumbrancei of every nature a~d kind raw on said described ~ presperty, or fhst hereafttr may be impoted, suffe~ed, placed, levied, or ~uesud thereon, a th~t hereafter msy be levied a~sseued upo~ this Mort¢ age, w the indebtedneu secured hereby, cxh and every, when due and pay~ble, xcading to ~sw, before tl?ey become deli~nquent, and before any intarest F anaches or any penalty is incurred; AND INSOFAR AS ANY iHEQEOf tS Of RKORD THE SAME SHAti 8E PROMPiLY SATlSFIED AND DISCHAR6ED Of RFCORD AND THE ORIGIfVAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO ` OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID AAORTGAGEE WITMIN TEN OAYS NEXT AFTER PAYMENT; snd in iFie event thaf any thereof is nor ; ` paid, saYSfied and dixha. ed sa d MORTGAGEE ma at an rime the same or an an therepf without waivi ty 9 Y Y P+Y Y A ng o~ affecting sny option, lien, lq~i a ~~pht under or by virtue of this mo~tgage and the full amount of esch and every such payment ihall be immediately due snd paysble and shatl be~? interqt ~rom the dafe thereof un~il pa~d at rate of n~ne per tentum per annum and together w~th such interesf shall bt setured by the lien of th:s morytape. to~K 2~~ P~~= ~ 7 ~ x ~ ~ . . x~.~ ~ ~ ~ ~ ~ - , ~ .