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Home My WebLink About2478 24~45~ ~ THIS INDENTURE, AAade the 'Z6Lh day of `T~~ry ~ , A.D. 19 73 between _ Morris Sternberg and Johar~na Sternberg, his wife of - $t • ~+uC~@ y~qinfy Florid~, 1+~roi~after de~ignated as the "MORTGAGpR,° and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • cwporatio~ «pa~ized and existing under the laws of the Un~ted S~at~s of Amsric~ and Mvirg its principal place of businea in t!» City of Fort P+ace, Sf. luci~ Cwmty, F?aida, Mreinafter des7gna~ed ss tF» "MORTGAGEE." ~ WHEREAS 1M MORTGAGOR is juity ind~bted ro the MORTGAGEE i~ the sum of : 3L~.~QQ~~ ' , good ~nd lawful money of the Un~ted Statei adv~nccd by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of evcn date herew~th, of wh~ch the fotlowinp in words and figures i: ~ frw copy, eo-wit: = 31,,500.00 ~ 10019341 'YL Fo?t Pieres. Fbrida. J~uazy 26 19_23 Fw value ~eceived, i, wa a either of us, promise to pay, without defalcat~on, to the order of FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OF 31 500 00 FORt PIERCE at fort Pi~rce, Fl~rida, the sum of S s • wifh inreresl from date at the rate of ~s~qo per annum, in monthly install- r ments as foltows: i23~ a„ t~ 1 Oth day of `l ~ y , 19 73 and a like sum on the cwrespond~ng da~ of each month there- after ~n1i1 tIM whote be fu~ty paid. ~ Ea~h installmen! fi-~t s}wll be applied in payment of tM interest and ~hen on the unpaid balance of the prindpal sum. If default is made in the payment of arr~ instaiinunt ~vhen due, and such drfault conti~ues 30 days, the~ at the opt~on of the holder, and wirhout any other notice, all the remein~ng instaltmenri sha~l be due and payabb at once. Privitege is given to prepsy thit rwte in whole w in pan at any time without penalty. Neither forebearance, ~ nor accepance by fhe holder thereof after any default ia any payments hereon, shall be dcemed extension. A late payrrKnt cha~ge of S~-"-~ sha~l be ~ added to each instaflment remaining unpa~d 7 days after its due dale, and a like sum shall be addrd to each such instal~ment remaining unpaid 7 days after each succeeding payment date. ~ Each maker, surety and endorzer hereof, jo%ntly and severally, waives demand, preseMment pratest and notice of p~otest fw nonpaymenf, and further agrees to any extension of t~me of payment, either before w after maturity, without not~ce to any of us; and to pay atl costs of collection, includ~ng a reasonable attorncy's fee in the event of any default hereunder, and hereby severally waives all benefit of Iwmestead and exemption under the constitution a:~d laws of each State of the United States, as against this obligation w any extensia-~ w ~enewal hereof. Witness the hand and sea) of each party. ~ ~AU ~ cs~?~f o , ~ ( 547~25 ) State Revenue ' ~U ~ (St~~~«1ki.~w~wpir~l.wNe} ~ NOW, THEREFORE, the MORTGAGOR tw the purpox of securing payment of ssid m of S 31 a 5~• s~d the performence of the covenants and ag~eemenq hereinafte~ expreued, and for d~vers good and valuabtd ~derations, by these presents, does grant, bsry~i~, sell, remiu, release, convey and confirm unto the MORTGAGEE, its successors and auigns, ell that certain bt, piete or parce) of Isnd, situate, lying, and being in the Counry of $t . Lueie and State of Fbrida, dewibed as follows: Lot 32, Block 36, RIVBR PARK, [MIT 4, as per plat thereof on file in Plat Book il, Page 9, of the Public Records of St. Lucie County, Florida ° s oF F .ORIDA~ DOCUMEN AR!f tAMP t~> I ~ t>EPi.Oi RE~E HE ` ~ ~ IN PAYlIENT OF TW(FS E - c = fE6-~'~~ - t T. 2 51 GlASS'C INTANGIBIE PEftSONAI Pt1oPERiY. r=' ~ ~a ~ ~ 10 CFU1P?ER 71-134. ACTS OF 1911_ ~ ~ ~ i110j ~ PURSIiANT ROCER POITi'AS ~l~ C1.ERK CIRCUIT COURT, SI. LUCtE CO., FtA together with alt and singular the tenements, hereditaments and appurtances thcreunfo belonging or in anywise ~pperfaining thereto, snd all rems, issues, p~xeeds and profin acuvi~g and to accrue irom said premises, all of which are included in the above and foreyang desc~iptan •nd habendum, TO HAVE AND TO HOID the above desvibed and granted premises u~to the said MORTGAGEE, its succeswrs snd auipro iwever. Md th~ said h50RTGAGOR for thgl z--- he;n, executws, administntors ~nd assigns, hereby covenann with the said MORTGAGEE, its sutcesson and sui~ra, !hat tb~Y ~Y~- tawfulty seized of the said premius in fee s~mplr, that tbe ume are f~te, dear ind discMrged from ~II lien~ and ~ brances in law or in equity, and that tbQY wiN and their hein shsll wsrrant and defend the title to the same to the said MORTGAGEE, its tvccessws and assigns, forever against the lawful clsims and dem~nds of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promisswy note hereinbefore dewibed •nd sFull trvly, promptly and fully perform, d~scharge, e:ecute, complete, comply with and abide by each and every the s?ipulations, agreements, conditions and covenants of uid promissory note and of this Mongsge, then this Mortgage and the Fstate hereby crested tFwll tease snd be nvll ~nd void. IT IS UNDERSTOOp thst the wwd "Mortgsgw" whether in the singular or plurol anywhere in this Mortgage, shall be singular if one onty ~nd ~ shall be plurel jointly and seversfly if more tM~ one, and that the word "their" as used enywhere in this lMortgage shall be taken to mean "his," "hen," er "its," wherever the context w implies or ~dmits. Also, thst wherever tne?e is ~ reference in the covenants snd sgreemenh he~ein contained to any of the parties hereto, the same shall~ be construed to mean as well at the F~eirs, legal representstives, successon and auigns (sither vofuntsry by act of the parties w involuntary by operation of the Iaw) o! the same and that the covcnants herein co~tained iha11 bind and ths benefits and ~dva~t~yes inu~~ ro the rapective he~rs, kgal rep?esentatives, :ucceuon a~d ~u~gns of the part~es hereto. And said Nbrtga9ors, for themselves and their hein, kgal representatives, successors and auigru, he?eby joinNy and severally covenant and pree to and with the said MORiGAGEE, in successors and auigns: 1. To pay all and sirg~lar the principsl and inferest and the vsrious and sundry sums of money payable by virtue of said promiuwy note, ~nd this mwtgage, each ~nd every, promptly on the days respettively the same xverally betome due. 2. To pay all and sirguta~ the taxes, assessments, levies, li~bilities, obligations ~nd encumbrances of every nature and ki~d ~ww on said described Property, w that hereaiter msy be imposed, suHered, plated, levied, or auessed thereon, or thsf hereafter may bs levied w assessed ~?pon this Mwt~- a9e, or tF~e indebtedness secured heroby, exh ~nd every, when dve snd payable, sccadirg to law, before they become deli~quent, ~nd before any interat atttches or a~y penalty is incvrred; AND INSOfAR A$ ANY THEREOF IS OF RKOR~ iHE SAME SHALL BE PROMPTLY SAT15FIfD ANQ ~ISCNARGED OF RECORD AND 1HE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTAN~f, THE TAX RECEIPI OR THE SATISfACT10N PAPER OFfIC1AlLY ENDORSED OR CERTIFIEO) SMAII BE PIACED IN TME HANDS OF $AIO MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is ~ot i paid, sat'sfied and diuhsrged sa:d MORTGAGEf may at any time pay the same or any part thercof without waiving or affectiny sny option, lien, equity p ~~aht undd w by virt~e of this mortgage and the full amount of each and erery such payment shall be immcdiately d~e and psyable and shall bear interest ~.om the date thereof until paid at rate of n~ne per cent~m per annum and together w~th such iMer t vred by.~[~ ~~f th:t mor9taye. ~ ~ . $(i::~X ~l ~'1l~ (V t~ ~ s ~ _ _ _