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HomeMy WebLinkAbout0194 24'7894 ~V 1HIS iNOEHTURE, AMc~ t1a .,23sd _ d+y o~ January _ ~w. ~9~~ 5•~••~? Kar~ B`KlQin and Tnes B. Kl~in `his wif4 of St• ~ Cow+ty florid~, he«irufter desig~+ted a~ tM "N.ORTGAGOR," ~nd fIRST F[~~RA1 SAViNGS .4ND !O~?N ASSQCIATION OF FORT PIERGE, a capa~tFOn w9a~i:ed and ezi~~in~ under tM I~ws of the United St~as of ArnKiu and h~v'uip ib princ:pa! place of bviintss in tM Qty of Fort Piau. St. l~ci~ Cax?ty, florid+, her~inafte~ desiynated ~s tM "MORTGAGEE.^ ~ WHEkEAS ti» MORTG~IGOR a justly indebNd to the MORTGAGEE in th~ wm of ~_~i~y.~~- ~ ~ood +od I~wful mon~y ci the United Stat~s ~dwnced by the MORiGAGEE w+ta ths MORTt4AGOR, as evidenced by a cauin promiuory no~e of even d+ro herewith, of v?lii~ it~e folbwinp in wwds and figwes is ~ tru~ copY. to-~vit: 0019324_ ~ ~ i 12,500.00 ~ ~ Janua~S? ~23 ~v_2~ r Fort Piarce. Florida, ~ ~ prom pay, without defalcation, to the o~der of FIRST FEDtdAI SAV'NGS AND LOAN ASSOCIATION OF fo. value receiwd, 1, we a e~~fi~r of us, ~se to # FURT PIERCE at fort Pierce, F{orida, rho svm of 12 , 500• 0~ ,,,,;rh inierest irom c!+te at ~he rate of 7• 596 per ann~n. in mw+~hly instalb ~ 101 ~ 1~ 1~lCZi , 1p~ and a iike sum on tfie corrcs ~ da of each month tF.err \ ments ~s follows: S • on the ~lay of P~~~^9 Y afte~ until the whole be futly paid. Each installn..ent fvst shall be appl~ed in payment o! ?M interest snd Men on ths unpaid bslante of the p~ircc~pal wm. If default is made in the ~ payment of any i~ntallment when due. and wch defau~t continues 30 days. the~ at the opticn of the holder. and without any otix~ rwt~ce. aU the ren'.aining ~ ~ns+allme~b tFWll be due ~~d payatJe at once_ _ Wivilege ia give~ to prepay this note in wFwla o~ in psrl ~t sny Y~me without pen~lry. Neither forebearance. ; ncu accephnce by rhe holder thereof after any dEfauh in any paymrnts hcreon, shall be deemed ea~ension. A late payment cha~ge of S 5•QS shali be ~ ~ ad~ed ro each insts!Iment remainin4 vhpa~d 7 day~ after ib dw d~te, and a fike sum ~hall be added to each such insrallment ranainug unpa~d 7 clays +ftN v each succeeding payment date. Each maka, surey and enclwset hereof, joinNy and sev~rally, w~ives dem~nd, presentment protest and noti;e of protest fw nonpaymer?t, and further . agrees fo any eRtensan of time of Fayment, either befora w after marwity, without notKe to sny of us; and to pay all costs of collectioo, enclvd:rg a ~ reasonsbk attorney's fee in the eve~t of any defautt hereundcr, and hereby xveratly w~ives all bm+efit of !w:nestaad and exemption undet 1F?e constilvlion ~ and I~vrs of exh State of the United States, ~s against ~his oblgation w any extension w renewal her~of. _ ~ IVitncss the hand and seal of each party. s/ Kar2 B. Klein tsEwU ~ ~ (~/?U s/ Inez B. Klein ~ ~ $18.75 e ( 1 Stats Revenue ~ (S~iw~.~e~all~ wvi~ioal ~:~1 NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of ssid sum of = 12 ~ 5~• ~ ar+.~ ti~.e pe?formsnce of ths v covenants and apreementa here'u~a(ter exprcssed, and fo~ divers good and valuabk considerations, by these presents, does grant, b~r9sin, sell, rsm~se, release, convey and tonficm urtto the MQRTGAGEE, in successors and suigns, ~U that certain bL pieu ot parcel of land, sitwte, lyirg, and beirg in ttw Co~rnty of St. Lt1C~~ ~nd Stats of fbrida, desv~bed as idluwa: Lot 10, Block 83, River PaYk, Unit 10, aa per plat thereof on file in Plat Boeak 14, Page 29, Public Recozds of St. Lucie . County, Florida i . ; ~ oR RlL7A~ . ~ ' OC MEN~AR~ tAfdtP tA X~ or u+ ~ c OE .Of RErEMYE . ~ R~EIYED IN PAYMEftT Of TAXES ~ M ~u is~» ~ 1~. T 5 ~ ouE o~ ~ss ~ i~~cie~ ~rtsso~ rpov~n -~c o ~ ~ ~ ~ . ^ ~qpy ~ PURSIIANT TO'',,,liAPTER 71-134. ACiS OF 1971.~ • ° ~ kOGER PORNAS ~ . CLEfeI CIRq11T OOURT, sr. lIlC1E 00, F111 ' ; ~ fo9ether with sll and singular the tenements, heredir~ments and ~ppurtances therevnto 6elonging o? in snyvrise appertaining thereb, ~nd all rents, issues, ~ proceeds ~nd profin sccr.~irg and to scu~e from ssid p~emises, all of which ue included in the sbwe snd faeqo:np description ~nd lWbtr+dum. TO HAVE AND TO ~the above described and gr~~ted premises umo the ssid MORTGAGEE, its a~rccessors snd assiy~a forever. Md tlw s~id MORTGAGOR for th'-- F~ein, executon, sdministrstws and sss`gns, hereby covensnb with the said MORTGAGEE, it~ suaeswrs and suiprr, ~ ihat thCY aY6 lawfully se~zed of the said premises in tee iunp!c: that the same us free, deu usd dischuged from all I~ens and sncwo- brances in law w in equiry, and thst they w~11 and their heirs shall warra~t aod defend the title to the aame to tFw aid ~ ~ MJRTGAG:E, ib svccessors and usigro, forever aga"uut the lawfvl claims and demsnds of all peruxa; ' PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the NRORTGAGEE the prtmiasory note hereinbefwa caaibed snd sh+ll hvly, prompth ~ and fully perfwm, d~scharge, e:ecute, cornplete, cort~aly with ~nd ab'~de by each a~d every the stip~btiwn, apreements, cono`~rioro and oovenu~b of said ~ promissory nore snd of this Mongage. ti+en this Mortgsge and the Estate hereby aested sh+ll ceass and ~e rwll ~nd wid. ~ tT IS UNDERSTOOD th~t ~he word °Mortgsgor' whether in the s~rgular or plwal urywhere in this Mortyaye, shsll be si.pulu if on~ oniy and ~ shalt be plural jointly u~d sererally if more ~han one, and that tF~e word '9heir' ~s vsed snywhare in this Mortgage shsll be taken to me~n •'Fws,•• •'hen;• t ' or "~ts," wherever she co~text w implies w adnits. Also, thst whereva there is s reference in the covensnts and agretmen» herein oontsined to any of ; ~ rhe parties hereto, the sams shalt k+e construed to me+n as well ss the hein, kgai represent~tives, wccecsors u~d assgro (either volvnary by ~ct of the ; pa~~:zs w involuntary by operation of the law) of the sams sr?d that the cov~nsnts herein oontsincd shall b~nd and rhe benefin and advanu9es :r+w• ; ~ ro ehe respective he'us, Irgal repr~xntati+es, succeuon and ass~gns of the parties hereto. s ~ Md aaid Mo?tgagors, for themulves and their hein, legal represeM~tives, successws snd auigns, hereby joinily ant! sevetslly covenant ~nd apree ~ ro ~nd with the said hhORTGAGEE, its wccesson ud aas~g~a: ~ ~ i. To psy aU and sirgular tl+r qrincipal snd intaest and the wri~us snd wndry sums of morr_Y paYSble by vit!_•e of s+id promi:sory note, and this mo~tpige, exh ~nd swery, p~omptly on the days respectiveFy the same severally brcome dve. ~ 2. To psy all and singular the ta:es, sssesunents. levies, lisbilities, obtigations ~nd enc~mbnnces of every nstwe and kind naw on ssid described ~ property, w tMt hereafter msy be imposed, suffered, pl~ced, kvied, a sssesscd ~hereon, a thst hereafter may be teried a usessed ~pon this Mort9- age, w tFw indtbtedness secured hereby, exh ~nd every, when due ard paysbk, sccordiny to l~w, befae lhey b~_ome delinquent, snd before ~ny intarest at+aches o~ any ,~tnalh is i~curred; AN~ lNSt~fAR AS ANY THEREOf IS Of RKORD THE SAME SFiAII 8E PROr~TLY SAi15ftED ANO DlSCHARGED OF ; REtORD AND TNE ORIGINAL OFFICIAI DOCU.'VIIENT (Sl1CH AS, FOR fNSTANCE, THE TAX RKEIP? OR THE S/!TlSFACTION VAPER OFfICIAIIY ENOORS~D ° ~ OQ CERTIFI,D) SHAII BE PLACEO !N THE MANDS OF SA~D MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in th~ event 16at ~ny fhereof 8 nof ~ pa~d. sat:sfie~ and distharged sa:d MORTGAGEE may a: a~y time pay the same o? sny part ti~ereof without w~ivirg or ~NetEin~ any option, lien, equitl or ~ •+aht under o~ by virt~e of th~s mortgage +~d the fult amount of each snd every such paymem shsll be immed"eatety due aod pay~b~e and iF~all bear interes~ ~ r•om the date thereof until pa~d a! rate of n~ne per cantum per r,nnum and toye(~eRw ~nt_resr ~Ii wed by the ~ie~+ of th:s morytape. ~ sooX~ll ~aGE 1~ ~ ~ _ ~ ~ _ ; , - - _ _ ~ ~ : ~ ,v