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HomeMy WebLinkAbout2756 r.. svYV1V ~ THIS INDENTURE. Made the 6th day of ~CE-'~~r A.D. 19__~~ between Wilbur C. Rodde and LuciZle D. Roddey, his ~vife ~ ~f In zan River , Counry Flwida, here+naher des~9na~ed as t/~e "iNORTGAGOR," and HRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT P~ERCE, a corporat~on wganized and ex~s~ing under the laws of the Un~ted Sta~a~ of America and having its principal place of busirxss in the City of Fort Pierce, St. tucie Cou~ty, Flwida, hereinafter des~gnated as the "MORTGAGEE." WNEREAS tfx MORiGAGOR ia justly indebted to the MORiGAGEE in the sum of S- 16 t-~~ good and lawful money oi the Un~ted Siates advanced by the MORTGAvEE unto the MQRiGAGOR, as evidr~ced by a certam promisswy note of even date herewith, of wh~ch the 1ol!owing in wads and f~gures is a true copy, to-wii: s 26s~•~ No-10019154 Fwt Pierce, Florida, December 6 ~qZ2_ For vatue rece:ved: wr or either of us, prom;se to pay, without defalcar~on, to the order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF fORi PIERCE af Fort P~erce, Florida, ~he sum of S 16.QQQaQQ~-____ wnh ~nterest from date at the rate of 7~Q~o pet annum, in monlhly install- ~~.snrs as foL'ows: 1 12S on the lOLh d,y of _Januar v__, ~q 73__ and a like sum on the correspond~ng day of each mc.Mh there- ' airer until the who;e be i~~ly paid. Each install~nent i~cst shall be appl~ed in payeneM of the interes! and then on rhe unpa~d balance of the princ:pal sum. !f default is made in 1he F aimero of a~~y insral~meM when due, and such defau!t contin~es 30 days, then at the optfon of the ho~der, and without any oti~er notice, all the remain~ng ~~srallments shail be d~e and payable at once. Privilege is 9~ven to prepay this no~e in whole or in part at any time without penatty. Neither forebearaoce, ' :~,or acceptance by the holder ther¢~f afte~ any default in any payments hereon, shall be deemed exrension. A lare payment tharge of 5----6' ~Sibalf be ,d- ed to each instailment remdining unpa~d 7 days after its due date, and a I~Ae sum shall be added to each such insiailment remaining ~npaid 7 days after ~ e,ch succeeding payment date. Each maker, surety artd endorser hereof,' jointly and severally, waives de~~and, preser.rme~t protest and noi~ce of protest fw nonpayment, and further ~ ag.ees ro any extension of tirne O~ payment, eirher before w after mawrity, without oot~ce to any of us; and to pay a? c~ats of collection, includ~ng a ~sonabte atrorney's fee in rhe evznt o~ any defau~t hereunde?, and hereby severallv waives alI benefit of homestead and exemption under the constitutan ~:•J laws of each State of the Un~ted States, as against this obGgation ar any exrens~on or renewal hereof. L Witncu the hand and seal of each parry. S~ Wllblyr C . Rodr~c~v (SEAI) (SEAL) (SEAI) 24.00 ~l Lucille D. Rec~dav (sEAU S~tat~eQR~evenue ~31~Ldfp~j.~E NO'N, THEREFORE, the MORTGAGOR for thr ur ng p y 16 p pose of securi a ment of said sum of S ~ • , and the perfwmance of the cove~ants and agreementa hereinafter expressed, and for divers good and va(uabte considerations, by these presents, dces grant, bargain, sell, remise, r~•lease, canvey and tonfirm unto the MORTGAGfE, its succeuors and assigns, alI that certain lot, picce w parcel of land, situate, (ying, and being in the Couny of St . LuG le and State of Fbrida, dcxr~bed as followa: Apartnent IV- 101 of the Colonnades Condoninium # 5 according to Declaration of Condominium recorded in Official Records book 197, page 1482 of the Public Records of St. Lucie County, Florida, as amended by instrument recorded in Official Records Book 198, page 996 of the I'ublic Records of St. l.ucie County, Florida, and further amended by instrument rerorded in Official Records Boo~ 208, page 781 of the Public Records of St. Lucie County, Rlorida. TOGETHER WITH all appurtenances thereto~ together with an undivided interest in the common elements and the limited common elements thereof. _ ' ~ ~ sTA`TE R~. s~ RY~ E n OCUN~Er1_ a . f ~ tiuE °i '1' ~ O ~ g= t* ;icrt. c?f . Z 4. ~G = `s .•_~~z•~z ' ~ • ~ ~ ~ iN v~rMExr oF T~xEs i~ t~+OZ RECE?~ t ~ 1NTANG18lE PEas~?~ P~PERf~1. ° ~S ~~p 71-~34. M1S OF 19)1. ~rcy ? LUCIE C0. ~ CIRCUIT COU1n~ ~ogether with all and singular the teneme~ts, herediraments snd appurtances thereun~o 6elonging or in anywise appertaining the~eto, and alt rents, iuues, preceeds and profits accru~ng and to accrue from said premises, alf of which are i~cluded in the above and faegoing dexription snd habendum. TO NAVE AND HOID the above described and granted premises unto the iaid MORTGAGEE, its successors snd suigns forever. And the said :'ORTGAGOR fo~ ~~e1Z heirs, executws, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its sutcessors and ~uipnf, ~~at - the dr E.' lawfutly se~zed of ~he said prem~ses ~n, fee simple; that the same are free, clear and diuharged from alf (iens and encunr brances in law w in equity, and that they will and their heirs shall warrant and defend the titte to the same to the said MOfiiGAGEE, its succe~sors and assigns, fo~evei againsl tbe lawful claims and demands of ali persons; AROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefo~e described snd shall fruly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and tovenants of said promisswy nofe and of this Mortgage, then this Mortgage an~! the Esrate hereby utated shsll cesse and be null and void. IT t5 UMDERSTOOD thaf the word "Mortgagw" wiiether in the s~ngular w plural snywhere in this Mortgage, ihall be singular if one only snd shall be plursl jointly and sever:lly if more than one, and thaf the wwd "their" as used anywhere in this Mortgage shall be taken to mean "hi~;' "hen," or "its;' whe~ever the context so implies w admits. Aiw, that wherever there is e reference in the covtns~ts and agreements Frorein tontained to any of the parties hereto, the ssme shall be construed to mea~ as well as the heirs, legal representatives, successors and auigns (either voluntary by ~ct of the parties or involuntary by operafion oi the law) of- the same and that the covenants herein contained shall bind and the beoefiti and advanfsges i~ure to tF~e ~espective heirs, lega! ~epresentarives, successo?s and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successws and assigns, hereby jointly and severally covenar.t and sg.se ro and with the said MORTGAGEE, its successors a~ assigns: 1. To pay all and singular the principal a~d interest and the var7ous and sund~y sums of money payabte by virtue of said promissory nate, end this mortgage, each and eve~y, p~omptly on the days respcctively !he same severally become due. 2. )o pay all snd ~ingular the taxes, assessments, levies, liabilities, obligateons and encumbrances of every nature and kind now on said described property, a that heresfter may be ;mposed, suffered, plsced, levied, w assessed thereon, or thst hereafte~ may be ~evied or usessed upon fhis Mort¢ age, or the indebtedneu secured hereby, each and every, when dve and payzble, xcwding to law, befwe they become delinquent, ~nd before any intereit atrzches w any penalty %s incurred; AND INSOFAR AS ANY THEREOF tS OF RKORD TME SAME SHAII BE PROMPTIY SATISFIED ANU ~ISCHARGED OF RECORD AND TME ORIG1NAl OFFICIAt DOCUMENT (SUCH A5, fOR INSiANCE, THE TAX RECfIPT OR THf SA715FACTION PAPER OffIClALIY fNDpRSEO OR CERi1F1FD) SHAII BE PIACED !N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that a~y thereof is rwf pa~d, sat'sfied and discharged sa"d MORTGAGEE may at any time pay the same or any part the?eof without waiving or affecting sny option, tien, eqvity or •~qht under w by virtue of this mortgage rnd ehe full amovnt of each and every svch payment shall be immediately due and payable and shall bear interes~ s~om the date thereof until pa~d at rate of n~ne per centum per an~um a~d together w,;th such interest shall be sec 3~d Ky,~)p~1~ of th:s ^morgtage. 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