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HomeMy WebLinkAbout4104 ~ 2~4338 THIS INDENTURE, Mads the 14 t h day of Dece ~nbe r A.D. 19 72 betwean Ellis R. Abrams and Barbara N. Abrams~ his wife St. Lucie of County Florida, he~eina(te? :~s~9na~ ~1,e "MORRAGdR," 'and fIRST iEUERAL SAVINGS AND IOAN \ A~SOClATION OF FORT PIERCE, • corporation or9an~zed and exiiGng under the I~ ~of'tM United Stat~s of America ~~d having its principal place of ' bus~~eu tn tMs City of Fort Pierce, St. Lvcie County, Florida, he~einaiter detignated ss tF?~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is j~stly indebted to the MORTGAGEE in the sum of s 28 ~ , good and lawtul mo~ey oi the Un:~ed Statei advanird by the htORTGAGff ~nto tha At~RTGAGOR, as evidentcd by a ccct~in promissory reote of even date herew~th, of w1~:ch ~he following in ~ words and fi ures ii a true copy, to-wit: , s 28~00~.00 ~10019190 Fort Pierce, Flwids, ~ e mb e r 14 i y '72 { fw value received, I, we w either of us, prom~se to wi~hout delalcat~on, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF } ~a~ ~ORT PIERCE at Fwt Pie~ce, Fbrida, the sum of s- 28 ~ wnh ~nterest from date at the rate of 7• 7~ per annum, in monthly ir.s~all- ' 2j2 20th Februa ry 7$ { ;nenrs as foIlows: i on the day of 19-_ and a like sum on ~he correspond~ng day of aacn mor.th there- • afrer umil tFx whole be fully paid. ; ~ • " Each installment first shall be epplied i~ payment of the interest and then on the unpaid balance of the prinupa) sum. It detau~t is made in the ~ Faymem of any installmero when due, and such default continues 30 days, then at the option of the holder, and without any other ootice, atl the remaining ~ ,~.,aat:~:-:~~ts shat: te 3:;a o.-,3 i,a~ab!e at ance. P:i~i!~„c is givcn to FreFay thie note irt ~rtio!e c! fn ~'rt a+ a~y t;me withouf sknalry_ Neither forebearonce. nor acceptance by the holder thereof aiter any default in any paymentr hereon, ahall be deemrd extensio~. A late payment charge o( j1O•6O yhall be " ~~Jed to each installment remai~irg unpa~d 7 days afttr its due date, and a I~ke su~n shall be added to each :uch instaltment remaining unpaid 7 days aiter \ each succeeding payrnem date. ~ Each make~, surety and endorser hereof, jointly and severally, wa~ves demand, p~esemment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, ei~her before w after maturiry, without not~ce to any of us; and to pay al~ costs of collecfion, irtclud:ng a re ~sonable attorney's fee in the event of any defau~t hereunder, and hereby sevefaliy waives all bene(it of homestead and excmptian under the constitution ~ ~nd laws of each State of the United States, as against this obligation w a~y exreos~on or renewal hereof. ti Wifness the hand and seal of each party. - (SEAI) s/ Ellis R. Abrams ~~A~~ ~ ~ (SEAI) s Ba rba ra N. Abrams ~42 1 State ~2evenue iSremps-tsnteile~aroriginaF rare) 28 OoO.O~ NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of said sum of S ~ and the performance of the covenants and agreements he~einafter expressed, and fw divers good and valuabfe considerat~ons, by these presents, does 9ra~t, bargain, seli, remise, rrieax, convey and confirm unto the MORTGAGEE, its successws and auigns, all that certa:c. t~t, N;e~ ~::e' a` :a-L, ':y€-„ _r~ County of SL . Lue i e ~nd State of Fbrida, deuribed as follows: , 3 Lot 11, Block 21, RIVER PARK, WIT NO. 2, as per plat the=eof on file in Plat Book 10, page 72, of the public records of St. Lucie County, Florida, i ` . ' ~ ~ ~ s~RP~A F .n ~ ST p'T jA~Y ~ RE~~ • GZ ! ~VE~:U~ f%'~'~ O 1 ~ ON IN PAYME`rT ~ cz oa ~f i.OF R~ ^;~i~?~~4 ~ 4?.• 0`` PURSUIWj j~ ~TER 71i1E PEP,$prQAt ~~1T ~j r' P ~ 2r 4 ~ ~ '~~2~•~~~ ti -..f ; = t8. ~ . C ROGER AOIT~ S ~ 18)1. ~ $ °a : ~ t ~ ~r? IRCUIT OOi1Rji Sj, ~IE Cp~ ~~'l~ ~ ~ C ~a tl Fd together with sll and singular the tenements, hereditaments •nd ~ppurta~ces thereunto betonging or in anywix appertsining thereto, and all rents, issues, ~ proceedf and profits accruing and to acvue from iaid premises, all of which are included in the above and fwegoing dewiption end habendum. A TO HAVE AN TO.HOID the above desaibed and grsnted premise~ unto the said MORTGAGEE, it~ s~ccessors and assigns fwever. And the uid ~ ~hei r ,V1pRTGAGOR for heirs, e:ecutors, administrators and assi9ns, hereby covenams with t!x said MORTGAGEE, its successors and auigns, :4 ~ rhat --they arQ _ lawf~lly x~zed of the said premises in fee simp(e; that the same are free, dear snd diacharged from all lieni and encum- ~ b.ances in law or in equity, and thst they W~~~ their heirs shall warrant and defend the title to the iame to the said ~ MORTGAGEE, its successors and aasigns, forever against the lawful daims and demands of all persons; . - PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate hcrelnbefore dewibed and shall truly, promptly - and futly perform, d~uharge, execute, complete, comply with and ab~de by each a~d every the ttipulatiau, agreements, conditions and covenants of sa~d _ promissory note a.~d of this Mortgage, then this Mortgage and the Estate hereby tteated shall cease and be null and void. IT IS UNOERSTOOD that the wwd "Mortgaga" whether in the s~ngular w plural anywhere in this Mortgage, shall be singula~ if one only and shall be plural join~ly and sevenlly if rtwre than one, and that the word "their" as used anywhere in this Mortgage shsll be taken to mean "his;' "hers," or "its," wherever the conteat so implies w admits. A~so, that wherever there is a refe?ence in the covenants ~nd sgreements herein contained to any of the psrties hereto, the ssme shall be construed to mean as well ss the heirs, legal representatives, successors and assgns (either volunary by act of the ~ parties or invol~ntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits a~d advantages inure ~'i ro the respective heirs, legal reprcsematires, successors and au~gns of the partin hercto. E. And said Mortgsgors, fw themselves and their heirs, legal representatives, sutcessors and suigns, hereby jointly and teverally covenant and agree _ ~o and with the said MORTGAGEE, its successas and assigns: 1. To psy all and singuiar the principal and inte~dt and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each ~nd every, p~omptly on the days respectively the same xverally become due. 2. To pay sll and iingular the taxes, assessments, levies, liabilities, obligations aod encumbrances of every nature and kind now on said desuibed property, o~ that hereafter may be imposed, suffered, placed, levied, or auessed thereon, w that hereafter may be levied a asxsxd upon this AAortg- age, w tF?e indebtednesi secured hereby, each and every, when due and payable, according to bw, befo~e they become delinqueni, and befwe any intere~t anaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL BE PROMPTIY SATISPIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSIANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED + =i OR CERTIHED) SHALL BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEl(T AFTER PAYMENT; ~nd in the evmt that any thereof is not ' pa~d, saYsfied ~nd d~xharged sa'd MORTGAGEE may at aey time pay the same or any part thereof withovt wsivi~g or affecting any option, lien, equity or •~aht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and pay~ble and shall bear interest v ~rom the date the?eof until paid at rate of n~ne per ce~tum per annum and jo~Nher w~th such intereit shall be secured by the lien of th:• morgtaye. ~ g~OM,~VJ °AGf ~oJ~ ~ ~ ~ _ - ~ - = ~,.ti.~,_ ~~__w_ .