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Home My WebLink About1330 246652 ~ THIS IN~ENTURE, Mads the 24th day of January , A.D. 19 73 between R3ancis L. Switalski and MaYy K. Switalski, hi~ witQ of St. ~.Z1C~@ ~ County Florida, hcreinaita desgnated as tF+e "MORTGAGOR;' and FIRST fEOERAI 5EIVINGS AND IOAN ASSpC1ATION Of FORT PIERtE, • corpa~t~on ag~ni:ed •nd existing under ths laws of ths Un~ted 5uqi of America end havlnQ in p~incipal place of business in tM City of Fort PeNCe, St. lucis Counfy, Florida, hereinafter dei~ynated as th~ "MORTGAGEE:' WHEREAS tM MORiGAGOR is jvitiy indebted to ths MORTGAGEE in the sum of s 26 ~ 7~ 9ood and lawful money of the Un~ted Siatef advanccd by the MORIGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date he~ewith, of which the lollowing in ~ sords i fgure~s a rrue copy, to-wir: No 10019327 { 26 700. Fo.r r~e.~., florida, January 24 ~9~~. ~ F« value race~ved, 1, we or either of us, promise to pay, without defalcatiai, to ~he order of fIRST FEOERAI SAVINGS AND IOAN ASSOCIATtON OF ~OAT PIERCE at Fort Pierce, Florida, the sum of 5-26 ~0~. O~ w,th interest from date at the role of~~% per sf~r.um, in monthly instaH- ~ ~r,ents as (ollows: i 1~'~- on the l~t~day of ~rCh , 19 73 and a like sum on the corresponding Jay of eath mw~th therr af~er until tFu whole be fu!!y pafd. Each installment first sAall be applied in paymenl of the in+erest and then on the unpaid balance of the principal sum. If default is made in the payment of any installment when due, and such default continues 30 days, then at the option of the holsler, and without anY other notice, aN the remain+ny ~n:fal(ments sfiatl be due and payab!e at o~ce. Priv~tege is given to prepay this note in whole or in part at any teme without penalty. Neifher faebearaace, ror acceptance by ~he holder rhereof afte~ any defautt in any paymems hereon, shall be deemed extension. A late payment charge of = 9~~ shall be added to each installment remaining u~pa~d 7 days after its dve date, and a like sum 3hall be added to each such installment remaining unpaid 7 dsys after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthe? agrees to any ex~ens~on of time of payment, e~rher befor@ or after maturity, wifhout not~ce to any of us; and to pay all costs of collection, includ~ng ~ reasonable attorney's fee in the event of any defauit hereunder, and hereby severatty waives aN benefit of homestead and exemption under the constituf'an ar.d laws of each State of the United States, as against this obligation w any extension w renewal hereof, W~tness the hend and seal of each party. s/ Francis L. Switalski ~A~~ csEaq s/ Mary K. Switalski ~A~~ $4 Q OS ~ State Revenve «u (SM~w~.e~~tdid~ wre~i~iwei wete~ NOiN, THEREFORE, the MORTGAGOR fp the purpose of securing payment of said sum o1 S 26 a 700~ 0O , and the performsnce of ths covenants and agreements F~ereinafter expressed, and fw d~vers good and vafuable considerations, by these p.esents, dxa g~ant, bargain, sell, remise, re'.zase, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all that certain lot, piece or percel of Iand, situate, lying, a~d being in the tounty of $t. Lueie , and Stste of Fbrida, dewibed as followa: Lot li, Block 24, RIVBR PARK, UNI2 2, as per plat thereof on file in Plat Book 10, Page 72, of the Public Records of St. Lucie County, Florida : ~ STA~'~ oF F~ORIDAI j ~s aOCUMENtARY~- ~...~,Y STAMF tAa ~ `O DEr .Of NEVENUE ~f- ~ - - 1 ~ 3 ~ ~N ~??v~ o~ T~s ~ 4 _ Ps _ :::M _ ; 4 0. 0 51 ' Dtff ON CI~SS ~C' tNTAIrClBL.E PERSOIfAL P1~PER1Y. o = ~ s i ~ ? + PUfLS1111MT TO CHAPtER 71-134, ACTS OF 19I1. ~ R06ER POtihJ1S ~'1~ ! CLER!( ClftClllT COURT, S?. LUCiE CO., FlA ~ ~ rogether with a!I and singular ?he tenements, hereditaments and appurtances thereunto belo~ging a in anywise appertaining tF~ereto, and all renri, iuves, i pfoceeds and prof~ts accruing and to accrue from said premises, all of which are irutuded in the above and fwegoing description and habendum. ~ ; TO HAVE AND TO HOLD the above deuribed and gra~ted premises unto the ssid 1NORiGAGEE, its successors and assiyrn forever. Md ths sak! s n MORTGAGOR for their _A executors, administrato~s snd assigns, hereby covenants with the said MORTGAGEE, ita successors ~nd assi~ns, rhat a~~---- Iswfully seized of the said premises in Fee simple; that the same are f?ee, cle~r and dixharged from sll liens and encurr? ; 6rsnces in Isw or in equity, and that they a~ their heirs shall warrant a~d defe~d the title to the ssrr~ to the s~id ~ MORTGAGEE, its svccessors and auigns, fwever sgainst the lawful claims snd demsnds of all parsons; PROYIDED, ALWAYS that if the MORiGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefwe described s~nd shstl truly, promptiy and fully perfwm, d~xharge, execute, tompkte, compty with and abide by each and eve?y the stipulations, agreements, conditio~s and covenanq of said promissory rate and of this Mwtgsge, then this Mortgage snd the Estate hereby created shall cease snd be null snd void. IT IS UNDERSTOOD thst the wwd "Mwtgagor" whether in the singular w plural anywhere in this Mortgsge, shall b! singular if one only and shall be plural jointly and sever~lly if more than one, and that the wad "their" as used anywhere in thit AAwtgage sha)1 be tsken to mean "his;' "hers;' or "its," wherever the context w implies a sdmits. Also, that whereve~ there is s reference in the covenants snd agreemenri herein contained to +~y of rhe parties hereto, the s~me shsll be construed to mean as well ss the heirs, legsl rep~esentatives, successors and assigru (either wluntary by act of the parties or involuntsry by operatan oF tf?e !aw) of the same and that the covenants herein tontained shall bind and the benefits and ~dvantsges inur~ ~ ro the respective heirs, legal re{uesentatives, successors and asrgns of the parties heroto. ' And said /Nortqagors, fw themselves and thei~ heirs, legal representarives, successors ~nd sssign~, hereby jointly and severatly covenant and a~ree to and with the said MORTGAGEE, its successws and assigns: - 1. To psy ail and sinyu~~~ rhe principal and interest and t}~e various and su~dry sums of money payable by virtue of ssid promissory note, and this i ; mortgage, eath and every, promptly on the d+ys respectively ihe same severally become due. ' 2. To pay al) and singuls~ the taxes, auessmenta, levies, liabilities, oblgations and encumbrances of every nature ~nd kind now on s~id desvibed f property, or tFst heresfter may be imposed, suffered, placed, levied, or assessed the?eon, w tF~t I~ereafter msy be levied or as~eued vpon this Ahwt¢ ' age, a the indebtedness secured Frereby, exh and every, when due and payable, xcwding to law, befo~e they become delinquent, a~d befw~ ~ny intere~f ~ arraches u any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAIi BE PROMPTLY SATISfIED AND DISCHARGE~ OF ; RECORD AND THE ORIGItvAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED ; GR CERTIfIED) SHAIt 8E PIACEU 1N THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaf any thereof is not pa~d, sat"sfied and discharged sa:d MORTGAGEE msy et any time pay the aame or any pan thereof without waiving w affectinp •ny option, lien, eq~ity a •~pht under o? by virtue of this morrgage and the full amount of each and every such payment shall be immediately due and p~yable snd shsll besr interest ~~om fhe date thereof u~til pa;d at rate of n:ne per tcmum per annum and together w~th svch interest s'll be secu~ed by ihe lien of th:s mwgtape, B~R~:~1~ ~'d ~ - - 6t _x- _ . , - - ~ - _ . ~ _