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HomeMy WebLinkAbout2041 ;~53430 ?HIS INDENTURE, M.d. N,. 27 t h ~y o f A r i 1 ~y T 3_ a,~,,,,... na d ~ . 11C1E Counlr Flwida, Iw~~inafta dtignated ~s fM "MORiGAGOR," and FIRST fEDERAI SAY:NGS ANp LOAN ~?SSOCIATION Of fORT PIERCE, • oapwation ory~niz~d and ~~cistinp undK tM law~ oi~th~ Unit~d 51~tq of Am~~ka ~nd ~.avinp iri pincipal pLc~ ai businas in tl» Cify of Fwf Pi~ra. St. luci~ Co~nty. Florida. Mr~inaftK d~tipnat~d ~s tFw "MORTGA(iEE." . WMEREAS tM MORTGAGOR ia jvatly ind~b~~d to tFw MORTGAGEE in tM swr? ot : 14 ~ OOO. pood and I~wlul money oi tiv~ Un;tw~ ~ St~tes adranced by tM MORiGAGEE unto ths MORTGAGOR, as evidenced by a ctrt~in promiuwy not~ of ewn daq her~with, of wfiich the followiny i~ } wards and f' urq ls a trw copy, to-wil: j = 14 , 00~ . 00 A r i 1 27 ^~O~ 100007 3 fwt Pieru. Flaida, ~ 19 fa~ wltie received, 1, we or either of vs, promise to~j wdhout defalca~;on, fo ths order of FIRST FEDERAI SqAVqIN~GS AN~ LOAN ASSOCIATION OF ~ FORT PIERCE at jort Pierce, F{wida, the sum of ~ 14 • O0 w;~h in~erest from date at the rate of L~..~i+96 pe~ a~~um, in monthly i~ual!- ~ meors as io~loWs: s 115. ~ l~t]l~y of ~~ng ~q 73 and • like sum on the carespa~dinp day of each month tl+ere- ; aiter until the whole be fully p~id• ~ Esch installment f'ust shall be applied in payment of the interest and then on tF?e unpaid balsnte of the principal sum. If de(ault is made in the p payment of any iraullment when due, and such default continues 3p days, then at the optiw~ of the holder, snd without any other notice, all the remsi~iny ~ insullments shall ba due and payabk ~t once. Privile~a is given to prep~y this note in whole o? in p~rt at eny tims withoW penalty. Neithet forebeara~te, nw ~tceptsnce by the holder thereof after any defauit in any payments hereon, shall be deemed exteniwn. A late paymenf charge of ; 5• 7S , sh~l! be ~ added to each insta!lment iemaining vnpa;d 7 days affa iri due date, and • like sum shall be added to each such i~stallment remaining unpaid 7 days ~fter ' each succeedi^9 WYment date. ~ Exh maker, w~ery snd endwsN lxreof, jointly and uverally, waives demand, preuntment protest and notice of protest for nonpayment, and furtl+er ; sgrres fo ~ny extension of time of payment, eithtr before o~ afler mafurity, without notice to any of us; and to pay all costs of collection, includ~ny a ~ reasonabk attorney i fee in the evm? of any default herwnder, ~nd hereby severally waives all benefit of homestead and exemption under the constitufion and laws of cach Sute of the United Statcs, as sgainst this obligation or any extc~sioo w renewai heroof. t Witness the hand and seai oi each party. _ _S/ Donald J. Behncke, Sr. ~ cs~u) _ S/ Corinne M. Behncke ~q ~ $'ZI .00 a state Reven~e ~U 7~O(~i7EafifllB[]BC~i Cl6tiX NOW, THEREFORE, the MORTGAGOR for the p~rrpoae of secvring p~yment of s~id sum of i 14 ~ . O~ snd ths pcrformancs of 1hs covenanb and ~greemenq hertinafter expressed, and fo~ divcrs good and vslwbk considerations, by thess presenb, does gr~nf, bar~ain, sell, remiae, rekase, tonvey and~on fum uMO t1~e MORTGAGEE, its tutcessors ~~d ~uigns, all tfi~t cert~in lot, p'~ete or parcel of lu~d, situate, lying, and being in ths ~ ,t . Lueie ~ Sute of Flo.ida, dewibsd ~s follows: Lot 7, B1ock b, REVTSED PLAT OR 9~UTH 25th STRBET SUBDIVISION, according to the Plat thereof as recorded in Plat Book 11, page 46 of the Public Records of St. Lucie County, Florida.? u+F Lt~ ~ A 1 - Cj A . STAMP ~ DQGUMfNtAitY . pF TAX:~~ ~ a~. .~p .Oi N~tfE.M11E ' 1 ~ U~ ppY ~~ppQ~C~a ~ • . 2 Q ~ ~ ~ ~~18LE ~~s ~ L91L ~ ` ~ ~ ~ wAt•2'~) ~ dJ?~ SER ~~.13~1. ~ -~o - ?L w p ~ f! 102 P11~t t~ S~'~ ~ ~ qRGN~ ~ ; toperFnr with sll and singular the /ene~+~ents, hereditunems sod sppu?tsnces thereunro belaging w a~ mywise ippertairuir~Q tl~ereta, and all rents, issu~a, ~ procseds and profits ~cuv~ny snd to scciue from ssid premises, all of which ue irKluded in the above and fwe9arg description ~nd habendum. ~ TO HAVE 11N~ TO HOtD the sbwe described snd gnnted premises unto the ~aid.MpRTGAGEE, its uicceiwn and ~uipns for~ver, /1nd the wid ~ their MORTGAGOR fa heua, executors, sdministrstors and assgro, hereby tovenu~n with ths said MORTGAGEE, iri waessws u~d aasipns, r~ _ t hey a re ~ul~ in fee simple; that tF~ s~me ue free, de~r ~nd dixharyed from a0 fiens Md encum~ branccs in Isw a in equity, and thst they ~II ~ their hein shalt wur,nt and defend rM r~l. ro~he aanw ro rhe s.id 1MOitiGAGEE, irs succeasors snd ass;yns. laever ays;nst the lawfvl d~ims and damards of ~II penom; PROYIDED. ALWAYS that if the INORTGAGOR shsll psy w~to the MORTGAGEE the pro.n'issory note her~inbefore desuibed and sl»0 huly, promptF~r +rK! fu1fY pe~for~ d;ycha~ge, e~ecwte, compkte, comply with and sb~de by esch snd every the stipubYqra. ~yreemenb, conditioro and covenants of s~;d Prorn~ssaY note ~nd of this Mortgage, rhen rhis Mortyage and the Estate hereby uested aF~all cease and be nu)I and void. IT IS UNDfRSiOOp th~t the word 'Mortqsgor" wheM~er in th~ sirgular or plwal ~nywF~e?e in this JMortgape, shall be sirgulu if on~ only and ~ shall be plural jointy ~nd ~everally if mae th~n one, and thst the wad "their" ~s ~ned snywfier~ in this Nlorty~gt shall be taken to me~n •'his,•• •'iKn;• ~ a'its," whaever the conte:i w implies a ~dmits. Aiw, that wherever fFtH! i! i refqence Fn tF+e covensnq and aQree~nenb herein oontsined to ~ny of the psnies hereto, the ssme sh~ll be corutrued to mean as well ss the hein. 4eya1 r~presentstires, successon and ~uipn~ (either volvntary by act of tl+~ ~ P+?tks w in+~dum+rY bY ope~ation of the Isw) of the s~rne snd that the covensnn herein comsined shal) bind and tM benefin ~nd dvanbyes irwx~ c~, to the respective heira, ky+~ represent~tives, uxcessas and au~yns of the parties hereto. ~ And said Mwtgsyus, fw tF~emselves and the"a hein, kQal r 'a" epresentstives, suaessors ~nd assiyra, he~eby jointly ~nd seva+lly cwer?~nt ~nd apr~e M w and with the s+id MORTGAGEE, its successon and ~ssipro: 1. To psy all and sirgular ths principal snd imerest snd tl+s various and wndry w~ns of ma~eY P+YaWe bp virtue of s~id promissory rare. ~~d thia ~ ~norqaye, eacb ind erery. P?omPtly on t!w dayt respettively tl~e same sev~rally becamt dvs. 2. To pay all and sinyular tiro bzes, auasmend. Ievies, liabiliti~s, obl' st7oro and encumbr~nces of y'~ P~~Y, a thN haeafas m~y be i~pwsd, suffered. ~D every rwture and kind now o~ uid dsw~d oco pe, a Hr indebrc+dnew saar.ed he. d'~• kvied, a nses~ed tlw~on, a that her~afqr rnay l» leviwd a assessed uEwn M~ia Maq- oa~a ebY• e+ch ~nd everY, wh~n due and psyiblr. ~otwdirg to law befWe they beEorr~ defi~9uent. ~nd befon My 1Mats1 +nsc~+es o? N+Y pe~~+lt~r is incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII dE PROMVTLY SATISFIED ANO DISCHARGED OF RKORU ANO THE ORIGI~iAL OFFIC(/ll OOCtlMIENT (SUCH AS, fOR fNSTANCE, iHE 1AX RfCfIPT OR THf SATISFACTlON- PAYER OfFlCIAl1Y EN00lt5fD OR CERTIFIEO) SHAU SE PtACEO IN THE NANpS pF SA1p MORTGAGfE WITHIN TEN pAYS NfXT AFTER PAYMENT; and in the event thst ~ny tF~eof is not pad, sat sfied and d~scharped sa:d MORTGAGfE may at any tKne pay the same a any part thereof withwrt waiviny a affectinp a~ option, tien. sqvity or ~ •qM ur~der a b~r virrve oi tF+is mwtyaye and thc fu~l a~rwunt of exh and ercry such payment shall be immedwrdy due ~nd payabk ~nd ~haU bsx int~rea ~.om rhe d~~e thneof unr~I pa~d at .ate of n:ne pe. centum per ~nnwa ud toqerhe. w~rh wch inre.est sMll be secwed by tFa lien d th:s morytape. ~~'ti~ r k.~~ ~a os."~.~' ~`r - ~<-e ::~M~-- ~ ~ ~3 V~~ ~ h