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HomeMy WebLinkAbout1022 . e . /V'~VZVV THIS INDENTURE. Made the 22nd day of JdriLiaZ~/ _ A.D. 1973 , between _ ?homas N. Zades and Dolores B. Zades, his wife of County Florids, hereinaftN deignated ss tha "MORTGAGOR;' and FIRST FEDERAI ~4VlNGS AND LOAN ASSOCIATtON OF FORT PIERCE, a m~porat~on ayanized and exii~ing under the lawt oi ths Un~ted Statas of America and havinp in principal place of buii~?eu in tM City of Fat Piace, St. lucie Counry, Florids, hereinaftcr desiy~ated as ths "MORTGAGEE:' WHEREAS tM MORTGAGOR is jwlly i~debted to the MORTGAGEE i~ the wm of j 22 good and tawful money of the Un~ted S~ares advanced by the MORTGAGEf unta the MORiGAGOR. aa fvidenced by a certain prom~:say ~ote of even date herewith, of which the iollowin9 i~ H,ords and f~gu:~s ii •,u~s copy, 1~i'vir:' • ~ 10019315 s 22 ~300 .00 ~ ~ Fort Pierce. Florida. January 22, 19?~ 1 Fw value received, 1, we o? either of ~s, promise to ~ \ pay, without defalcat~on, to the order oF NRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Florida, the sum of S22 ~~00.0~ w;th inte,est f~om date at ~he rate of ?.s~% per annum, in monthly install- , ti ~nrnts as fot?ows: 5265•~ _ on the lOth day of M'~'y , 19 73 and a tike sum on tF+e cwrespond(ng day of each month there- ~ after until the whole be fully paid. x~ - Each installment first sh;ll be applied in payment of the interesf and then on the unpaid balance of the prinupal sum. tf default is made in fhe _ paymeM of any insta~lmem when due, and such default rnntinues 30 day~, then at the option of the holder, and without a~y other notice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole w in psrt at any time without penalry. Neithet tuebearante, nu+ acceptance by the hotder thereof after any default in a~y payments hereon, shall be deemed extension. A late payment tharge of = 8•25 shail be ~ added to each installrr~nt remaining unpa~d 7 day~ after its due date, and a+ike sum shall be added to each such installment rema~ni~y unpaid 7 days after v v each succeeding payment dare. Esch maker, surety and endorse~ hereof, jointly and severalty, waives demand, {xesentment protest and notice of protest fot nonpayment, and further agrees to any ex~ension of ~ime of payment, either before or afte? maturity, without notice to any of us; and to pay all costs of cotlection, includ~ng a # ~ reasonabk attorney's fee in ~he evem oi any defautt hcreunder, and hereby severally waives all benefit of homestead and exemption undet the toostitWion ~ j:~d laws of each S~are of the United States, as against this obligation or any ez~ension or renewa! hereof. Witness the hand and seal of each party. ~ ~ (SEAU : ~C~ s/Tfiomas N . Zades . (SEAL) i , , (SEAL) i $33.45 s/Dolores B. Zades ~~U ~ l- ) State Revenue y., K~«*P~+aw~eNeJ-ow-ow~in~wo~e) NOW, THERfFORE, the MORTGAGOR ~w the ~ se of securi a ment of said sum of S22 ~.~0 ~ ~~~d ths W Po ^9 p Y • performe~ce of the ~ covenants and agreements hereinafter expressed, and for divers good and vatuable considerations, by these presents, does grant, bargain, sell, remix, re~ease, convey and confirm unto tF~e MORiGAGEE, its tuccessors and assigns, all that certsin IoL piece w pucel of land, situate, lying, and beG?g in tM County of $t. Lucie and Stats of Fb~ida, dexribed as follaws: Lot 31, SNERWOOD ACRES, UNIT ONE, as per plat thereof on file in Plat Book 14, page 43, of the Public Records of St. Lucie County, FZorida, _ cta '4 ~ F'LORIDA ~l ; 04CUM~NTARY .....,,~StAMP iax ~ ; DEPt. OF Rf 1?f NYE ~ ~ - ~ / I - - ~ - f~ ~ lN PAYI~AEKi OF 71U(ES a -~..~z;•?z 3 3. 4 5 ' ~ . o _ a I • / ~ ~ ~ ~pS¢ 'C' INTA!YGIBLE FE~SO:~~I P~O: ERTY, t "FS Of 1y);,,,,~ plJR~.;AN( TO CFiAP1F_? 71-132. h.. ~ R(3GE~ ~Iii,AS : f Ci..ERX CIP.CUIi COURT, Si. .11C1E i%U-. F~ ~ ~ ' ~ togethtr with all and singular the tenements, hereditaments a~d appurtances thereunto belonging or in anywise appeAaining theroto, and al~ rent~, issues, proceeds and proi~ts acuuing and to accrue from said premises, aN ot which are ;ncluded in the above snd fwegoing dewiptwn and habendum. TO HAVE ANO TO 1fOlD rhe above described and g~anted premises unto the said MORTGAGEE, its successon e~d auigns forever. And tM s~id !+10RTGAG{O~~R ~for their executors, administrators and assigns, hereby covenanri with the said MORTGAGEE, iri wccessors ~nd utpm, ' rhat --~1^~+-Y lawfully seized of the sa~d prem~ses in fee s~mple; that the same are free, dear and discl~arged from all liens a~d encurtr ? 6~ances in law or in equity, and that theY W~~~ a~ their heirs shall warrant and defcnd the title to the sart?e to th~ said j MqRTGAGEE, its successors and assigns, forever against tFie lawful claims and demands of stl persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuay note hrreinbefore described and shsll truly, promptly and fully perform, diu~+arge, ezecute, complete, comply with and abide by esch a~d every the stipulations, sgreements, conditiau and covenanri of said promiasory rate ~nd of this Mortgage, t}xn this Mortgage and the E:tate hereby veatcd shall crase and be ~uii and v~oid. ? ~ IT IS UNDERSTOOD that the word "Matgagor" whetF.er in the s~ngutar w plwat anywhere in this Mortgage, ihall be sing~lar if one onlr snd } shall be pJural joi~tly snd severaHy if more than wx, and that the wwd "their" as used ~~ywhere in this Mort9sge ihsll be Uken to mean "his," "hen;' or "ita;' wherever the co~text w implies or admits. Alw, that wherever there is s reference i~ the tovenann ~nd agreemenb herein contained to sny of - the parties hereto, the same shall be construed to mean a~ wel! as the heirs, kgal represeMatives, s~ccesso~s and assigns (either voluntary by act of the - parties or i~voluntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advanlsgp inure _ ro the respective heirs, legal representatives, successas and ass~gns of the parties hereto. And said Mortgsgors, for themutves and their heirs, ttgal repreu~tatives, successors and assigns, bereby jantly and severa~ly tovenant and ayree ; ro and with the wid MORTGAGEE, its svccessas and assigns: - 1. To piy all and singular the principal aixl interest and the var+ous and sundry sums of money pa~able 6y virtue of said promisswy ~ote, and this mortgage, each and every, prompily on the days respectively the same xvaraliy become due. 2. To pay all and singvlar the taxes, assessment:, ievies, liabilities, obligations and encumb?~rxes of every nature ~nd kind now on said desuibed ~ property, p thst hereafter may be imposed, suffered, plated, levied, or autssed thereon, p that hereaffer m~y be tevied w sssessed upon this Mort¢ age, or the indebtedneu secured hereby, esch snd every, when due and psyable, xcading to tsw, before they become delinquent, and befwt ~ny interes! arraches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE DROMPTIY SATISfIEO AND DISCHARGED OF ' RECORD AND THE ORIGItVAL OFFICIAI ~OCUMENT (SUCN A5, FOR INSTANCE, THE TAX RECfIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENOORSE~ + OR CERTIfIED) SHAtI BE PLACEO IN THE HANDS Of $AID MORTGAGfE WITNIM 7EN DAYS NEXi AF7ER PAYMENT; and i~ the event that a~y thereof is not £ pa~d, saYSfied and d~scharged sa:d MORTGAGEE may at any time pay the same or'a~y part thereof witho~t waiving w affecting any opYwn, lien, equity w ~~~ht unde? or by virtue of this mortgage and the full amount of each and every such payment si~alt be immediately due aod payable and shall bear int~rest ~rom the date fhereof vnti! paid at rate of n~ne per cemum per a~num and togetRher w~th such interest shall be secured by the lien of th:s morflta9e. do~~210 r~c~1~20 Y _ - - ~ _ . . 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