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HomeMy WebLinkAbout1322 _ z4ss4s ~ THIS INDENTURE. Made the 4th day of anUd~.Y A.~. 19_.Z~., belween A1Dert W. Dilthe and Suzanne M. e bi • or St . Luc ie County florids, hereinaftsr dssignated as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO IOAN t. ASSOCIATION OF FORT PIERCE, a corporatio~ organized and existing unde~ the laws of the United Stai~s of Amrriu and having iti principal place of busineu in tha City of Fat Pierce, St. Lucie County, Flaida, hereinalter dssignared as ths "MORTGAGEE." WHERfAS the MORTGAGOR ia justfy indeb~ed to ths MORIGAGEE in rhe sum of S 12 sOOO.~ , good and lawful money of tlx lfn~ted ' States advanced 6y 1M MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, oi wh~th the fotlowing in ~ ~ words and figures is s true copy, to-wit: ~ ' s12.000.00 ~ ~ 10019267 ' ~ P~~«e. Ft«~d., JanuaucY 9 ~v.~~ ~ For value ~eceived, t, we or eithrr of us, promise 1o pay, without defalcaiion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF - FORT PIERCE at Fwt Pierce, Florida, ~he sum of S 12 L-~~ w~th interest (rom date at the ~ate of 7~ 2.~ per annum, in monthiy install- ~neros as fo~!ows: i~OO on the ~thday of r'eblu~YV , 19 Z.~. and a like sum on the cwrespood~ng day of each moroh there- after ~ntil the whole be fully paid. ~ Each installment fi~st shafl be apptied in psyment of the interesf and then on the unpa~d balance oi the prinupal sum. If defauh is made in the paiment of any installmem when due, and such defaul~ continues 30 day~, then at the op~io~ of the holder, and without any other notlce, all the remaining ;nstallments shall be due and payabie at once. Privil~e is given to prepay this nole in wFa(e or in part ai any, time without penalty. Neithd forebearsnce, nor acceplance by the holder thereof after any defautt in any payments hereon, shaN be deemed extens+on. A late payment tharge of S 4• 7S , shatl be " added fo each instal:ment remaining unpa~d 7 days after its due date, and a like sum shall be added to each ~uch installment remaining unpaid 7 dsys after ~ each succeeding paymen? date. ~ Each maker, surety and endorier hereof, jointly and seve?atly, wa~ves demand, presentme~t protest and notice of pro~est fw nonpayment, and furthe~ agrees to any extension of rime of payment, either befo~e or after maturity, without not~ce to any of us; and to pay all costs of collection, including a reasonable attwney's fee in the event of any defautt hereunder, and hereby severafly waives alI benefit of homestead and exemption under the constiwtion 3~:d laws of each State of the United Sfates, as again3t th;s obligation w any e~ctension or renewal hereof. W~tnass the ha~d artd sea! of each pany. S ett D' th ~EAU ts~?~~ S Suzanne M. Di~the ~~i~ , ' ` cs~?u ( $18 • ~ ~ State Revenue ~ ES+s~~ sso!l~sa~e~staute) ~ NOW, THEREFQRE, the MOR7GAGOR fw the purpose of securing psyment of said sum of : 22 i ~ ~ artd the performance of the covenants. and agreements hereinafter expressed, and for divers good and valvable cons~derations, by fhese presents, does grant, bargain, sell, rem;se, release, convey and ton(irm unto the MORTGAGEE, its successws and assigns, all that ceriain lot, piece u partel of land, tituate, lying, end being in the County of $L •~C le ae+d State of Florida, dewibed as follows: t i 1 Apsztvent 8-1-204 of QOIANNADES COT~OMINIUMS, No. 4, a condo~iniua accozding to the fleclaration of Condoviniu~ recorded in O. R. Book 198, at page 2833, of the Public Records of St. Lucie County, Florida, as the sane is a~eaded in O. R. Book 199, at page 850, and O. R. Book 201, at page 2744, of the Public Records of St. Lucie County, Rlorida, ?OGET1~iR WI2H all of its appurtenances according to said Declaration. ~ ~ os S~TE OF ~ ~ G ~N PAYMft'17 O~~ C~ GOCUMFNTAR~F- .L.ORJDA. ~ ~ ~.C ~xt~?B~P ~ ~ ~y~~~~~ StANIP tAi ~'t.OF REIIENUf .E` • ~ ~~j 10 ~~{~p1ER ?1•134. -~sn = ~ - 's ~ o ~ ~ P oi ~.'~~y't~ ! ' _ : ~ ~J. ~ ~ f C1RW~ ~RS~ ~~IE ~ i...• ~ ct~ regether w~th all and singuiar the tenements, hereditaments and appurtances the?eunto belonging o+ in anywise appertaining thereto, and all rents, issues, ~ ~roceeds and profits sccruing and to accrue from said premises, all of which are included in the above and foregarg dewiption and F~abendum. TO HAYE AND TO HOID the above deuribed and granted premises unto the seid MORTGAGEE, its succeuors +nd assiyns forever. And tFa said htORTGAGOR for - thel= heirs, executws, adminiatrators and assigns, hereby covenants with the said MORTGA6EE, in •uccesso.s •nd auqro, rhat - t~k~-~- lawfully xized of the said premises in fee simple; that the ssme are free, ckar and dixharged from all liens a»d encum- brances in Iaw ar in equity, and that the'y will and Lf1@lr hein shall warrant a~d defend the tit)e to the same to iFw said ,MORTGAGEE, irs successors and auigns, forever against the lawful claims and demsnds of ~II persona; ~ROYIDED, AlWAYS that if the MORTGAGOR ahail pay unto the MORTGAGEE 1he promisswy note hereinbefore deuribed and sMll truly, promptly a~d ful!y perform, dixharge, e:ecute, tomplete, comply with and abide by each and every the stipulations, sgreernenh, conditions and tovenanti of said promisswy note and of 1hPs Mongage, ti~en this Nbrtgage and the Eitate hereby ueated shall tease and be null ~nd void. !T !S UNDERSTpOp that the word "Mortgagw" whether in tix s~ngula~ or p{ural snywhere in th~s Matgsge, shall be sirgula? if one o~ly and shall be plural joinfly and xverolly if more than one, and that the wwd "their" as uud anywhere in this Nbrtgsge sRall be tatcen to mean "his;' "hen," or "its;' wherever the context so implies or admits. Alw, that w}~erever there is s reference in the covenants and agreements herein contained to sny of rhe partia hereto, the same shall be construed to mesn as well as the heirs, legal representatives, wccessws and assgns (either voluntary by ~ct of the partiea w involuntary by operation of the law) of the same and that the covena~ts herein conrained shall bind and it~e benefits ind sdv~nt~ges inure to the ~espectire hein, legal represenlatives, successors and asd9ns of the parties hereto. And said Mwtgagors, fw themxlves and their heir:, legal representatives, successws snd sssigns, Fxreby jointly and severally tovenant and apree fo and with tF~e said MORTGAGEE, its succesaors and assigns: 1. To psy all ~nd tingulsr tFx principaS and interest and the various and sundry sums of money payable by virtue of said promissory note, snd thif - mortgage, each snd every, promptly on the days resped~vely the same severally become due. 2. To pay all ~nd singv(a? the taxes, assessments, levies, liabilir;cs, obligstioni snd encumbrances of every ~arure and kind now on ssid desuibed property, a thst hereafter may be impoted, s~ffe?ed, placed, levied, w•uessed thereon, w thst herea(ter may be levied or usessed upon this Morfp- age, or the indebtedness secu?ed hereby, each snd every, when due ~nd payable, ~tcuding to law, befwe they become delinquent, and before any iMere~t artaches w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIEO AND OISCHARGED OF REtORD AND THE ORIGIhAL OFFfCIAI DOCUMENT ~SIKF! AS, fOR INSiAAlCE. TNf TAX RECEIP1 OR THE SATISFACiION PAPfR OFFICIAILY ENDORSEO OR CERiIF1ED) SNAII BE PIACED IN THE HANDS OF SAIO MORiGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; snd in the eve~t that a~y thtreof is not pa~d, sat"sfied and discharged sa:d MORTGAGEE may at any time pay ihe same or any parf thereof wi/hout waiving or affecring any option, l;en, equity p •~qht under or by virtue o! lhis mortysge and the iul; amount of each and every s~ch payment shall be immediately due a~d payable and shall bear interest ~~om the date thereof until paid at rate of ~~ne per centum p~r an~um and ~tF~i~~~such int~e,~?~be secu~ed by the lien of tlif morytaye. • . dQ~JK PItGf t! 1 _ ~ . . . - - . ~ - ~ _ ~