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HomeMy WebLinkAbout2517 ~•`f v~a~ r THIS INDENTURE. Mad~ the ZBth day of Noveaber A.D. 19 72 be?wee~ Robert H. Schombert and BleanoY H. Schoabert~his wife of St• LuC1@ County Florida, hereinai~er desgnared as the1"MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE. • corporation o.ganized and ex~iiing under the tawi of Ihe United Ststas of Americ~ ~nd having in principal pl~ce of buiineu i~ ths City of fwt Piace, St, lucie Counry, Fiorida, hereinafter designated as the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of , good and lawful money ot Ihe Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a ce~~a~n promissory note of even da~e herew~th, ot wh~ch the foilowin~ in wo~ds and figures is a true topy, to-wit: z 30 ~000. 00 ~ 10019111 ~ F«r P~~.~e, Plorida, Nov~er 28 iv~~ For value receivcd, 1, we w either of us, promise to pay, wiihout defaicat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Fbrida, the sum of S-3Ot-0~~~0 w,~h fnrerest from date at the rate of 7t_~o per ann~:~n, in manthly instaG ~ ~„ents ai foi!ows: f~2 on 1he ~e~ day of i 1 19 73 and a like sum on the cwrespond~ng day of each month there- \ after until the whole be fully paid. ti ~ Each installment (irst shall be applied in payment of the interest and then on the unpaid ba~a~ce of the p~inupsl tum. If default Is made in fhe , ~ ayment oi any installment wt~en due, and such default continues 30 days, then at the opt~on of the holder, and without any other notice, all the remaining 1 msfallments shall be due and payabte at once. Privilege is given to prepay this nole 7n whola or in part at any time without penatty. Neither forebearance, ; ~ nor acceptante by the holder thereof after any defa~lt in any payments hereon, shall be deemed extensian. A late payment charge of S_~Qshsll be ~ - eddzd to each ins~allment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such instailment remaining unpaid 7 days afte~ each succeeding payment date. ~ L Each maker, su~ety and endorser hereof, jointly and seve?ally, waives de~~and, presentment prote:t and no~ice of protest fw nonpayment, snd funher ~ agrees to any extension of ?ime of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, including a r~asonable aitorney"s fee in the event af any default hereunder, and hereby severally waives all benefit of homestead and exemption under the conatitWion ` and laws of each State of the United States, as against this obligation o? any extension or renewal hereof. , ` Witness the hand and seal of each party. ~ S t S 1 t (SEAI) ~ -'1 ~ ~ (SEAL) > (SEAU ~ - /r ,_at (SEAL) $45 ~ ~ ~ state Revenue c- i 5 w~wN.~wwsN~d~w~e~isiwei wMe) ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum oi S 3O ~ and the pe?fo?mance of ths - covenants and ag~eemenis hereinafter eapressed, and for divers good and valuabte cans~derations, by these presents, dces grant, bargain, sell, remise, ; ` release, convey and conf7rm unto the MORTGACEE, its succeswrs and assi9ns, ell that certain lot, piece or parcel of land, situate, lying, and being io the ~ County of $t. Lueie , and State of Ftwida, deuribed as follows: ~ Lot 13, Block 3124, FORT ST. WCIB, SBC2ION 45, as per plat theYeof on file in Plat Book 16, at page 25, af the Public Records of St . Luc ie Count y, Rlorida i 4 , k ! N ~ n N~ STATE oF FLORIDA ~ E ~E~E~ pd ikP~rMf~r o~ ~A~s ~y M DOCUMENTARY --.,:,,.STAMP_ TAx ~ = DEPT.Oi REYfNUE S:~'~ ~ ouE on a~ss ~ ,~~cis~ Paov~xn ~ - _ - ~ I ~I~ ~ ~u~t m ca~r~ n-:~. ~s oF ie~i. ~ _ _•::c-1~~: ~ 4 5. 0 0 aosfe Pomt~s P oi 1 ~ a.E~c c~acu~ oouRr, st. wciE o04 Fu toge~her with all and singutar the tenements, hereditaments and appurtances thereunto belonging o~ in a~ywise apperfaininy thereto, ~nd aU renb, issues, proceeds and profits accruing and to accrue from said premixs, all of which are included in the above and foregoing dexriptron and hsbendum. TO HAVE AND TO HOID the above deuribed •nd granted premises unto the said MORTGAGEE, its successws snd suigns forever. And 1!w s~id h10RTGAGOR fw the~Y heirs, executors, administrators and assigns, hereby cove~snls with the said MORTGAGEE, its successo?s and astipm, rhat - the-~ ~ e - lawfully seized of the said prem~us in fee simple; that the same are free, clear and discharged from ~II liens ~rd ~ncum- brances in law w in equity, and that thejL_ wi11 and hei= heirs shall warrant and defend the title to the s+me to the aid ~ MORTGAGEE, its successws and assigns, fwever against the lavr"ul claims and demands of all persona; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promiuory note hereinbefwe destribed and shsll truly, promptly : ~ ar.d fully perfwm, dfxharge, execute, compktq comply with and ablde by each and every the stipulations, agreements, coaditiorn +nd covenants of saed x; promissory rate and of this Mongage, then this Mortgage and the Estate hcreby created ihall cease and be null and void. i y IT IS UNDERSTOOD that the word "Mortgsgw" whether in the singuisr or piwal anywhere i~ this Mortgage, shall ba si~gular if one only and ihall be plural jointly and severally if more thsn one, snd that the word "their" as used snywhere in this Nb?tg~ge ih~ll be bken to mes~ "his;' "hen;' or "its;' wherever tF~e context w impliei a adm;ts. Alw, that wherever there is a~eference in the coveoants +nd sgreements herein contained to any of ~ fhe perties hereto, the ssme shall be constr~ed to me+~ as well ss the heirs, legal representatives, succesw~i snd assgns (either voluMSry by ~ct of tht ~ pa.ties ot involuntary by ope~ation of the law) of the same a~d that the covenants Fxrein contained shall biod aad the benefits snd sdv~ntsg~s inure - to the rdpettive heirs, legs) representatives, succcssors a~d au~gns of ~i~e parties hereto. "~~Z And ssid Mortgsgors, fw themselves and their heirs, legal rep~euntatives, successws and aui9ns, hereby jantly ~nd sever~lly covenant and ayree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and sirgular tFx principal and interest and the wrious and sundry wms of money payab{e by virtue of said prom:swry nofe, and this ~ mortgsge, esch and every, promptly on the days respettively tMe same severally become dve. ~ 2. To pay all +nd singvlar the ta~ces, assessmentt, levies, liabiliries, obligations and encumbrantes of every naturo and kind now oo said de~cribad ~ property, w that hereafter may be impoaed, suffered, placed, levied, w+uessed thereon, or 1Mt hereafter msy be Icvied w utesaed upon this Mort¢ ~ age, a t}~e indebtedness secured hereby, each ~nd every, when due and payable, accwding to law, befwe they become detinquent, ~nd before any interest ~ attaches ot any penalty is incurred; AND tN50fAR AS ANY THEREOF IS OF RKORD THE SA1NE SHAII BE PROMPTLY SATiSFIED AND OISCHARGEO Of `3;`•, RECORD AND THE ORIGIfYAI OFfICIAI DOCUMENT (SUCH A5, FOR INSiANCE, TME TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAILY ENDORSEO ~ CR CERTIFIED) SHAII BE PLACE~ IN THE HANDS Of SAID MORTGAGEE WITNIN 1EN DAYS NEXT AFTER PAYMENT; and in the eveM that a~y thereof is not pa~d, sat'sfied and discharged sa'd MORTGAGEE msy at any time pay the same w any part lhereof without waiving or af(ecting any option, lien, equity a ~ •~Ght unde+ w by virtue of this mortgage and the ful~ amount of each and every such payment shall be immediately due and payabk and shall bear interest ~ ~.om the date thereof until pa~d at rate of nine per centum per annum and together with sucl? inte,~esh th II secured by tF~e lien of th:s morytape. ~ C c~~r. r',1C~ 25i7 f .K`+a ~ i r.c : J^~t ~'+J'-~. ~.yr - .,,,r ~ - ' _ ~,~,~-N,-.-~ ~ . , - - ~^.s-"-s~.t;m~~ . ~