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HomeMy WebLinkAbout2861 tiz•~~v . ~ . ~ THIS IN~ENTURE, ~,d. in~ 12th day of Rebruary , A.D. !9 73 .~~W~~ Jay Krua and Pauline KruoL his :~rifd' _ of St. LuCi@ County Florida, hcre~nafter desg~ated as the "MORTGAGOR." and FIRST fEUERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, ~ corporation oryani:ed and existing under the lawt o( the UNted Stat~s of America and having iri principal pl~ce of businass i~ ths City of fwt Pierce, St. l~cie Gounty. Florid+, hereinaiter des~gna~ed ss the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted ro tM MORTGAGEE in the sum of S 7•6~ , good and lawful money of the Un~ted S!ates advanced by the MORTGAGEE unto tF~e MORTGAGOR, as evidenced by a cena~n promissory note of even date he~ewith, of which 1he following in words and figures it a lrue topy, to-wil: t 7~600.00 10019419 ~.r P~e~~e, Flwida, Februarv 12. i9?~ Fw vatue received, I, we or e~ther of us, p~om~se to pay, wi~hout defalcanon, ro the order of FIRST FEOERAI SAVINGS ANO IOAN ASSOCIAiION OF FORT PIERCE at Fort Pierce, florida, the sum of S 7 i~0 - with interest irom date at the rate of 7• 7~ per annum, in monthly instal6 mentS d3 fO~lOwf: - on the l~t~day of A.pYli 1973 and a like sum on the correspondinp day of each month there- efter until the whole be fully paid. Each installment first shall be appl~ed in payment of the interest and then on fhe unpa~d balance of the p.~~c~pal sum_ If default is made in the E•a~ment of any instaliment when due, and such default continues 30 days, then at the op:ion of Ihe ho!der, and without any other notice, all the remain~ng :~,srallments shall be duc and payable at once. Privilege is given to prepay this note in whole or in part at any time without pena{ty. Neithcr forebearance, nor acceptsntt by the holdei thereof after any default in any payments herron, shall be deemed extension. A lare payment charge of s 4•~ shall be rdded to each instaliment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such ins~allment remaining unpaid 7 days after each sutceeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice ot protest for nonpayment, and tunher agrees to any extension of time of payment, eirher before or after marurity, without notice to any of us; and to pay all costs of collection, includ~ng a reaso++ab!e attwney's fee in the event of any default hereunder. and hereby severally waives all benefit of homestead and exemption under tha constitution ~nd taws of each State of the United $tates, a: against this obligation w any extension or renewal hereof. Wttness the hand and seal of each party. (SEAt) 3 .Id~/ Kl~,tn (SEAL) (SEAI) s Pau ine Kru~ ~s~ $ i l .'40 ) State Revenue ;5?arr~pr ~ancellea err erigw~d ~nete) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of = 7~~0'~ and the pcrformance of ths :ovenants and agreemen~s hereinafter e:pressed, and for divers good and va~uable considerations, by thex p~esents, does g~ant, bargain, sell, remise, refease, convey and tonfirm uMO the MORTGAGEE, its successors and assigns, all that certain lot, piete or parcel of land, situate, lyirg, and being in 1M Counry of $t. I~1CiQ and State of Fbrids, desvibed ~s followt: Comnence at the southeast corner of Lot 5 of the Subdivision of White City in Section 3, Township 36 south of Range 40 east, according to a plat thereof recorded in Plat Book l, page 23~ public recozds of St. Lucie County, Rlorida~ run thence north along the east line of said Lot 5 a distance of 200 feet for the point of beginning; thznce run west parallel to the north ar~d south line of said lat to the vrest line of said lot, thence run north along the said west line of Lot 5 a distance of 100 feet, thence east, parallel to the north and south lines of said lot 5 to the east line of said Lot 5, thence run south along the said east line of Lo~.S, a distance of 100 feet to the point of beginning. - ; ` STAT ~ F~-ORIDA~ ~r. STAMP TA3. ~ S, y~ IN PA`:'dENT OF TAXES ` s - pOCUMEN ARY.t~-,~_--- ~;:iFETJ S _ ~tl P?0?ERn. s °c~ t~EPi UF,~RE~ENUE ~ s~ _ ~ . ~ 0 ~ D.;_ v1: ~:A~= 'C' INTAti6181f PE ~ ~ ~ o.:: t.~. ~ r~313'i9 pURSUAN~ i0 CW1P'•ER 11-13A. AC7S OF 1911.~! : - ~ PO{1MS ¢ o _ ~~!ot IE 00. ~ ~LERf( CIRCUIT GOURT. ST. Ll1C ~ ~ ~ ~ ~ ~ ta~ether with all and singular the tenements, he~editaments snd appurtsnces thereumo belonging w in snywix spperqinir?g thereto, and all ~ents, issves, ti p: oceeds snd Rrofits accruing and to acc?ue from said premius, all of whlch are included in the above and foregoirg deuriptio~ ~nd habendum. ; TO NAVE AND TO HOID the above deuribed and granted prem~us unto the said MORTGAGEE, itt s•.xcessas and suigns faever. And th~ said ` ~.50RTGAGOR for their____ executws, administrators and assigns, Fxreby covenants with the said MORIGAGEE, ih successors end ~ssi~rq, ~ t;,,, __the~r are__ ~aWf~ny seized of the said premises in fee simple; that the same are free, desr and diuharged f?om ~II liens ~nd ~ncurtr ~ brances in law or in equity, and that thev will and the1Z hein shall warrant and defend the title to the sarrN to th~ said ~ MORiGAGEE, its successors and ass~gns, f«ever against the lawful claims and demands of sll penwn; ~ PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed and ~hall truly, promptly and fully perform, dixharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions snd covenanri of said promissory note snd of this Mortgage, then thi• Mwtgage and the Estate hereby veated shall cease and be null and void. ~ IT IS UNDERSTOOD that tFx word °Mortgsgor" whether in the s~ngufar or plural anywhere in this Mortgsge, shall be singuls~ if one only ~od `K shall be plural jointly and severally if more than one, and that the wwd "the7r" as used +nywhere in th~s Mortgage shall be t~ken ro mean "his," "hen," or "its;' wherever the conteat w implies or admits. Alao, that wherever there is s reference in the torenantt •nd ~gretment~ herein tontained to ~ny of ~ +he psrties hereto, the ssme shall be construed to mean as well as the heirt, legal representatives, successws and assigns (eitF~er voluntsry by ~ct of the parties a involuntary by eperation of the law) of the sarr.e and that the covenants herein contained shall bind and the benefits and sdvanfayes irwn ~o ~he respective heirs, legal representatives, successws and au'gns of the parties hereto. ~ And taid Mortgagors, for themselves and their heirs, legal representatives, successws and assgns, hereby jointly and uverally covenant snd agree +o and with tFx said IAORTGAGEE, its successors and assigns: 1. To pay alI and singular fhe principat +nd interest and the various and sundry sumi of money paysble by virtue of said promissory note, and ihi~ mortgage, eath snd every, Rromptly on the days respectively the same severally become due. ~ - 2. To psy alI and •ingular the taxes, asussments, levies, liabilities, obligations and encumbr~nces of every nature snd kind now on said described propsrty, or thst hereafter may be imposed, i~ffaed, plsced, Ievied, or auessed ~hereon, w tlut heresfter may be kvied or asseued upon this Morty- ~ age, a the i~debtedness secured hereby, esch and every, when due and payable, xcwding to law, before they become delinquent, ~nd before ~ny inte~est ,'-~~`i' af!aches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORp THE SAME SHALL BE PROMPTIY SATISFIED AND DISCHAR6ED OF y RECORD ANO THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OfFIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MOR~GAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event that any thereof is nat ~ pa~d, saYsfied and discharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or ai(ccting any option, lien, equity or !i •~qht under or by virwe of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest ty ~.om the date thereof until paid at rate of nme per centum per annum and ~ogether w~th svch i~tere~st shsll be secured by the lien of th:s morgta~e. ~ 9::;K~~O P'GE~050 ~ -