HomeMy WebLinkAbout1092 , ~ . ti.~~ ~~ii
THIS INDENtURE. Nbd~ th~ 23rd ~y p~ _ ~ ~"~=C~1 ~ A.D. 19~~., b~tw~
wfl2iaa N. Birnbaua and Phyllii 8irnbaua. his •i~e
of SL• LyC~e . Counly Florid~. Mtf4NhN ditiyMfld a~ tM "MORTGAGOR." and FIRST FEDERAL SAVINC~S ~.AD IQAN
ASSOCIATION Of fpRT PIERCE, a oapwation orpaniud and ~xistirg vndN tM lawa M th~ Unind Stata of Am~ric~ ~nd havi~p in princiFal pl+c~ of
buslnw M tl» Gty of Fort Piaa. St. Luci~ County. Florida, henirwha daipn~t.d a tM "NWRTGAGEE."
WHEREAS tM MORTGAC,Ok h jvsNy ind~bt~d to tM 1YlORTGAGEE in ths sum of ,~ood ~nd lawivl money of the Unite~
States adranced by ths MORTGAGEE ~nto the MORTGAGOR, ~s evidenced by ~ tertain p~omiuwy note of evsn dat~ her~with, of whith the folbwinp'i.f
words ~nd fiy~res is • trw copy, to-wit:
= 38,400.00 • ' . 'w ' n~o...1~1963~
Fort Pierce. Flw;da. MarC1f 2~.~_ 19~.._
For vatue received, 1, we w arher of us, promiss to pay, without dai~lcstion, to ths orde~ of FIR$T FE~ERAI SAVINGS AND IpAN ASSOCI~TION OE ~
FORi PlERCE at Fort Piercs, Flwida, tAe s~m of i 38 s'~~ ~Q9 with i~terest from dale ~t the rate of 7• 5 96 per ann~~m, in monthly install.
me~rs as follows: i284 on the ~ZL day of 19~_ and a liks sum on the correspa~di~p day of eoc~? month Itie~e-
after until the whole be fully paid.
Each installment iirst shall be applied tn paymcM of tt+s i~teresf ~nd then on the u~paid balance of the p~incipal sum. If delault is made in the
payment of sny installmcnt when due, and such default tontin~es 30 day~, then at the option of ths hoide~, and withovt any other notice, all the remsining
~n:tallments shall be due aMl payabk ~t ooce. Privilegs is yiven to prepiy tha note in whole or in part at ~ny Y~me withouf pen+tfy. Neither forebeatance,
nor acceptance by the holdar thcreof after sny default in any paymenq hereon, shall be deemed exteruion. A late peyment charge of s
14-.,~ shall bs
added to eath installment remaining unpaid 7 d~ys after ib due dat~, snd • like sum shall be added to each such installment remaining unpaid 7 days aflet
eath sutceeding payment data
Each make?, surety and endorser hereof, jointly and sevNally, waives demand, prexntment protest and notice of protest fw ~onpsyment, and further
agrees to sny extensiw~ of time of payment, either before a aftc? maturity, without notice to any of us; and to pay all costs of collection, including •
reasonabk attwaey's fee i~ tha event of ~ny deFault hereunder, snd hereby severally waives all benefit of homestead and exemption under the constitution
and Isws of each State of the United States, as against this obligation or ~ny extension or renewal hereof.
Witness the hand pad seal oi each party.
(SEAy
s/Williaa~ N. Birnbaun ~u
~ cs~?u
s/Phyilis Birnbaua ~
~ $5'7 -60 ~ staro aew~~s
(6+e~++P~ ww~ell~~w ~ewsiw~l-~ae)
NOW, THEREFORE, the MORTGAGOR fw the purEwse of securing payment of qid sum of = 38~4~ , and the
performance of tl~e
covenanq and sgreeme~ts he~einafter eicpressed, and Ta divers good and wlwbk considerations, by fhete presenb. daei granf, bar~ain, seU, rem;se,
releax, convey and confirm unto ihe MORTGAGEE, its wccessors and usig~s, all that certiin bf, pieoe or puoel of bnd, situ~te, lying, snd beinp tn the
County of St. L11C1@ , and State of Flwids, dewibed ~s follows:
A11 of Lot 16 and the West ~ of Lot 17, Block "O", MARAVIL.4A BSTA?BS, a subdivision
aceording to the plat thereof recorded in Plat Book 8~ pag¢ 77 of the pub2ic re-
cords of St. I,ucie County, Florida,
~
• ~
: - ~ ~ A o~ " Si ,NQ~' ~e,,.
Ft..OR1IJA ~
o~ OO t1MENTARY S iA MP tA X ~ ~j ~e~'~s ~ ~A•
~ ~ OEPi.Oi REI?~11i1E '~t~'111~?. c W~
t~`'
i ~~R ~~1 `~,~E
" o=~i
t~"'u:r7~ ~ 5 l. 6 ~ 1 c~'~~~~t, s~-~
. . _ i
c~
rogether with sll snd singulsr the tenements, hereditsmenn and ~ppvrtances tlxrevnto belorgenQ a in anywi~e ~ppertaininp thereto, ~nd ~11 renri, issues,
proceeds snd profits xuving ud to scave from said prem'~ses, all of which ue induded in the above ~nd fweyarg desuiptioo and hsbendum.
TO HAVE AND TO HOW the sbove described snd gr~nted p~emises umo ths said MORTGAGEE, ib waessors yx~ usiyns for~v~r. Md the said
MORTGAGOR for th lr heirs, executon, administrstors u+d sugns, hereby ca~b with the said MORTGAGEE, Hs wotesso~s and assipns,
rhat they are .-~,~~uy seized of the said premises in fee sunple: that tM same ~aie fne, cfear ~nd discharged from all IZens ~nd Mcum~
brances in law w in cquity, aed thar tbeY will ~nd tbe~r heiis shaii warrant and defend tM titk to tM ~amt to the s+id
MORTGAGEE, ib wcceuort and assigna, forever against the Iswful cbims and demands of ~II per~au;
PROYIDED, ALWAYS that if the MORTGAGOR shall p~y w+to the MORTGAGEE the promiuwy ~ote hereinbefore dacribed u+d sha11 trulr, promptly ~
and fully perform, dixhuge, execute, compkte, comply with ar?d abide by e+ch and every the stipul~tior?s, s~reements, co~ditio~s and oovsna~b of said
prom~uwy note aod of this Matgage, ti~en this AAongage and the Estate hereby ve~ted shsll cesse and be null ~nd wid.
IT IS UNDFRSTOOD that the ~ word "Mortg~yor" whether in tl+e singular a plural anywhere in this Mortyape, shall be sirgulu if one only and
shsll be plur~l jointly ~nd severally if more than one, and that the word "their" ss used anywh~re in tha Mat9~e sMll be taken to mean "his," "hers,"
or "iri;' wherever the contexl w implies or admin. Also, that whereve? the~e is ~ reference !n the covenanb ~nd ~yr~emenri herein oonTained to ~ny of
~he panies hereto, the s+me ~hsll be co~strued to mean u well as the hein, kyal represent~tives, successws and asiig~q (either voluntary by act of th~
parties a involumary by opention of ths law) of the same ~nd thst the coven~nts Mrei~ oo~taincd sha!! bind and tM bsnefib and adranfs~s kprr~
~o the respect7vs hein, lepsl representatives, successon and au?ym of the parties hereto. 4
And said Nbrtgsyors, for themselves s~d their heirs, ley~l representatives, successoa u~d ~ugru, hereby joinNy and seva~lly oove~ant ~nd ayr~t +
!o and with the s~id MORTGAGEE, iri svcceswn and assgns: ~
1. To p~y ~II snd sin~ular tF~e prinppsl snd internt +nd tlw vsriovs and w~dry wms of mon~y paYabb by virtw of iaid promissory no~~, ind thit ~
mongaQe, e~ and every, prtwnptly on tF~ days respectively tM same s~v~r~lly betane dw. ~
2. To pay all u~d tirgula th~ tazes. ~ssesvn~nn, kvies, liabilities, oblipatioea and N+cumbrances oi evsry n~tur~ and kind now on sa;d d~w,'Md
property, a that he+~~her maY b~ impo~ed. wffa~d. P~+ced. Iwied, a saesf~d tF~er~on, a tMt Mr~afte~ m~y b~ levi~d or ~s~ess~d. upa~ tNs Morp-
age, w N~t indsbtedn~s~ iecvred herebr. ~ad~ ~nd ~v~ry, wiwn due a~d payabl~, aaordirg to law, b~fa~ tMp becar~ delinqueM. ~nd b~ion any IMerat
stHChes p any ps~alty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AN~ DISCHARGEp OF
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH AS, fOR INSTAMGE, iNE TAX RECEIPT OR THE SATISFACTION PAPER QffIC1AllY ENDORSED
OR CERTIfIED) SHALL ~E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEPR; and in the wtM thaf ~rry ti~eof ia not
paid, sat'sfied ~nd dixhar9ed fa:d MORTGAGEE may at any Iime pay th~ same a~ny pah ti+c~eof witF~out w~ivin~ w~ffecti~p ~rryr oprion, lis~~. ~qvity or
•iph~ under or by vinve of thi~ mortppe and tM full ~movnt of e+cF? ~nd ~ve~y wch p~ymtnt shall be imrn~diattly due a~d pay~bl~ md yh~ll b~a~ iMK~st
~.om ~he d.te ~her~of uMil paid ar rare of nine p~r unrum p~r amwm and ~oye~he. w~th in t II be wcw~d by th~ li~n oi th:a moryfap~.
~ ~~L ~1092
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