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HomeMy WebLinkAbout2557 ;~si~~~ ~ ' ~HIS INDfN~URE, MaJt th~ 4 t h ~y pf Apr i 1 A.p. 19 ~3 bNwkn ~o~ald J. Lang~l and Patricia~; nqel, is wif~ or ~ Cow+fy Fbrid~, hNtinaftK dt~ignai~d a~ tM "MORTGAGOR;' and FIRST~ FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCf, ~ oo?pa~tion orp~nu~d ~nd ~xis~i~p und~ tM laws of tl» ih?ittd S~~t~ of AmKiu ~nd havinp its principal piac~ of businy~ b tl» City ot FoH PiKU. 51. lvti~ Cow+ty. ilaida, M~iu?aitK d~~iyn~ted as tM 31~R GAGEE~ WHEREAS tM MORTGAGOR is jvitly 1nd~bt~d b lh~ MORTGAGEE in ths sum of : ~ ~~ooJ and lawf~l money o( the United Stata advanced by th~ MORTGAGEE ~~1o tht MORTGAGOR, ai evidencsd by • cata~n promissory not~ of ewn daro he.•w~~h, o! wh~ch ths followinp in ~ = a h' ~•M i ffW COpy. IOwit: ~ , ~ 10019681 ~o.e P~..n. Fb.w+. APril 4, ~q 73 ~ Fa value ~eceived, I, we a either of vs, prom;se to y, wi~hout defalcation, to tha o~dcr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE af fort Pierce, Fb?ida, the sum of = 321~~~ with interest from date ~f ihe rate oi 7~7~ per annum. in monlhly instalN ~ menrs u fotlows: S 263 on the 10th day of Jvly , iq 73 and a like sum o~ the cw~dpo~d~ng day oi cach month therr \ aftcr until the whole be fully paid. Each installment first shall be applied in payment of ths interest and then on the unpaid balance oi the prinupal sum. If defsult is made in tM \ paymeM of any installment when due, and such defauU continves 30 days, the~? ai the option o( the holder, and without a~y dlrr ~oticc, al! the remeinirg ; ;nstallmems shall be dve and payable at once. Privilege is given to prep~y thii nota in whole w in part at ~ny time without penalty. Neither forebearsnce, nor accepqnce by the holder thcreof after any default in any paymcnts hcreon, shall be deemed extension. A late payme~t tharge of ~13~ 1S shsll be added to eacF~ installrnent remaining unpaid 7 days affe~ ih dus date, and a like sum shall be added to each s~ch inataliment remaining unpaid ~ days aftet each succeed+rg payment date. • - a Each maker, surety and endorser hereof, jointl~l and severally, waives dcmand, preuntment protest and notice of protest for nw~payment, and furfher ~ agreei to sny extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ;ng ~ reasonable attorney i fee in the event of any defavit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution ~ and lav~n of each State of the United States, as agaiost fhis obligation w ~ny extensio~ w renewal hereof. Witneu the hand and seal of each party. . ~ cs~?u s na J. Langel ~ - ~ s Patricis ~u • _ ~ $48. _ D~, Langel ~ , ) Stste Revenve ~WTH REFO~R~E,~Ix MOR GAGOR for the purpose of securing paymem of ss;d sum of S 32~~~~~• and the pe?forms~ce of th~ covenants and sgreemenh hereinafter expreased, and fa dive~a good and valuable considerstwns, by these preunts, does grant, barqain, sell, remise, release, convey and ton~!'rm uqto thq MORTGACEE, its auccessors ~nd auigns, all that certain lot, piece w parcet of land, sitwfe, lying, snd being en fhe Coun of Jt ~ L11C 1¢ h and State of Florida, dewibed fdlowi: The Nocth five acres of the West ~ of the West of the NE4 of Section 7, To~vn- ship 35 South, R~nge 39 East, St. Lucie County, Florida. LESS rights of way for drainage cana2s. TOGETHER with a right of ~ray easenent running parallel to the k~est boundary line of the NEi~ of said Section 7, To~rnship 35 South~ Range 39 Bast, a more particul~r description being: Starting at the NW corner of the NE4 of Section 7; thence run East 52 feet; thence run South 330 feet for a point of beginning; thence run East 20 feet; thence run South approximately 2310 feet to Orange Avenue Extension; thence run West 20 feet; thence run North approximately 2310 feet to the point of~beginning, said easement being for ingress and egress to the property hereinabove described.? ° ~ ~ ~ o~ ~.oR~Aa ~ _DO ftY STAMP TA x ~ ° aEPT. of R r ~ ~ ~ fN ~AYMEKT OF TA'~ ° - - _ ~~+r~r = 4 8. 0 0 ~ ouE oM a~ss ~c iwuwcie~ ~e~~.u ~o~ . ' , P U R S I W I T T O f~ l A r i E R 71-13~. ACiS OF Iy/L ~ o ~~~oi f Ii06fR POITWtS ~ ~ qRqIR OOURT, ST. WCIE 00, FI~, together with sll and singulsr the tenements, heredit~ments snd spp~rrtsnces there~nto belonging or in ~nywise appert~ininp thereto, and ~tl rents, iuves. preceeds and profits acauing snd to sccrue from said premises, ail of which sre included i~ the sbove and faegoioQ dexription ~nd habendum. TO HAVE AND TO HOLD the above dewibed and granted premiaes unto rhe ssid MpRTGAGEE, ib successws ~nd auiyra fwever. Md the aid MORiGAGOR fa the~r - he;n, execvton, sdministraton snd ssi~gns, hcreby covenants wit1~ fhe said MORTGAGEE, its succesfo~s and assipro, rhat LhQy a re i~~~~i xized of the ssid y premises i~ fee simple; th~t the ssme are free, cksr and dixharged from all li~ro a~d sntum~ brances in law w in equity, snd thst thev_ w~~~ thei r heirs shall warrsnt and defend the title to tM same to the said MORTGAGEE, its succeuors snd auigns, forever against the lawfu! clsims and demands of dl persons; ~ PROVIDED. AlWAYS that if the MORTGAGOR sFull pay vnto the MORtGAGEE the promissory note hereinbefore dest?ibed and sMll truly, prpnptly ~ and fuUy perform, discharge, execute, compkte, comply with and ab~de by each and every tl~e stipulaYrons, agreements, conditio~s and tovenanri of said promissory note ~nd of thia Mwtgage, then this Mortgage and the Estste hereby veated shsll cease a~d be null and v~oid. ~ IT IS UNDERSTOOD th~t the word "Mwtgsgw" whethe? in the s~ngu(ar or plv~al snyrvhere in this Mortgaye, shall be tiryular if one only a~d ~ shall be plural join?ly snd severally if more than one, and that the wwd "their" at vseJ ~nywhtre in this Matg~y~ shall be t~ken to me~n "ha;' "hen;' or "iri;' whetever the context so implies o? admits. Alw, tMt wherever there is s refererKe in the coven~nn ~?d ~preernenn herein oont~insd to u~y of _ the parties hereto, the ssm~ sMlt be construed to mean ~s well as the hein, le9a! ~~pesentatives, sucussors ~nd ~sigro (either voluntary by act of th~ parties or invd~ntsry by operation of the Iaw) of the ssme and that Ihe covenants herein conqined sMll bind and ths benefib snd advantapp itwr~ to the respective hein, Is~~l represenutives, succeswrs and ~u'gns of th~ puties hereto. `~1 Md aid Mwtys~ws, for themselves a~d their hein, le~al representsrives, succeston snd as~iQra, hereby jointly and sevaally covenant snd +pree to •nd with rhe s~d MORTGAGEE, in wccessws and assiyns: . ~ 1. To pay all a~d sinpylu tM princip~l a~d intaest and tFw varavs ~nd sundry wms of monsy p~yabk by vinue of said prom;s~ory note, ~nd this rnwt9ys, tath ~nd wKy, promptly on tiw dsys respective(y ti~e same s~wr~il~ becwm dw. ~ 2. To pay dl ~nd, rw+pvl~r the tazef. auessm~nts. I~vies, liabiliries, obliQariom and tncumbancer of every natw~ and k?nd now on yaid described prop~?ty, a th~~ he~eaft~r maY b~ imposed, wffNed, placed. Ievied. w ~uesied therwn, p that hereaft~r may b~ levied w useawd upon this Mprp- age, w tM ir~b~~dntu ~scur~ hereby, each ~nd wery, when due ~nd payable, accwdirg w law, !»fw~ tMy becan~ delinqwnt, and befwe airy? imKett •rr~chet or any pendty b incvr?ed; AND lNSOFAR AS ANY THEREOF IS Of RKORp THE SAME SMAII 6E PROMPTIY SATISFIED AN~ DISCHARGEO OF REGORD AND THE ORIGINAI OFfIC1Al DOCUMENT ~SUCH AS, FOR INSTANCE, TME TA)( RECEIPT OR THE SATISFACTION VMER OfFICIAIIY ENDORSED OR CERTIFIE~) 511ALL dE YUtED IN ~HE H/1N05 OF SAID MORiGAGEE WITHIN TEN DAYS NfXT /1F~fR YAYMENI; ~nd in the ~vtnt ths/ u~y ti?ersof is not paid, sat ~fi~d and disch~rqed sa:d MORTGAGEE ~uy at any t~me p~y the s~me a any part ~hereo( without waivinp p affeairg arty option. lit~, pvity w •ph~ ~ndtr p by vNrue o} ~his n+o+~y~pe ind the full amount of each ~nd erery fuch p~yment sh~ll b~ imrned+ately du~ and pay~Wt ~nd thall be~r imKe~t ~rpm f~ ~t~ tFN~lO~ uerfl p~+d at rate of n;ne p~r cemum per ~nnwn •nd ~ope~her w~th ~uch i~tere~t ah~tl b~ secu.ed by tM lien of th'~ ~nwptpe. ~ .i . _y .y . . - ~~':v- „~as~:.. `iJ''. -