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HomeMy WebLinkAbout1208 zsso3s ~ THIS INDENTURE, N1~d~ th~ lst day of MiY - A.D. 19.~$.~ b~tw~ _ Ruth C. Nueyel, a, widow ard Bruce M. Proskt and Susa?n R. Proske~ is .ii~ of St ~ LuC~! County Fbrid~, htniMhM d~siyn+ted ~i tM "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, • corpor~~ion aya~is~d and ~zwtinp und~r th~ laws of th~ Unit~d St~~a of Are?Kfu ae~d havinp hs principal plao~ of bu~inas in tF» City ot Fwt Piua, 51. luci~ Covoty, fbrida. Mr~inaher daiynaad u th~ 'MORTGAGEE." . NfHERfAS tlw AAORTGAGOR Fs t! lndebted to the MORTGAGEE in tM sum of ~ la ivs y ~ ,~ood and lawfvl ma~y ot the United States adv~nctd by th~ MORTGAGEE unto tM MORTGAGOR, ~s evid~nced by • te~tain promiuory noq of even daM hKwvith, of which ti» toilowin~ in words ~nd fiyurts is a trw topy, to-wit: = ia.ooo.oo ~ ~a._.1~ao1~zQ~ fo.r Pi~rc.. Flo.~d.. MAY 1 19_?~ for w~ue received. 1, we w either of us, v promis~ 1o p~y, without d~fdc+tion, fo the orda of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIA1tON OF FORT PIERCE ~t fat Piace, Flwid~ tFK sum of = 12~QQQ-~ with intereat irom date a1 the r~te of ~aQ% psr annwn, in monthly inatall- menti es follows: = lO~.OO ~ lOth ~y of `1~e 19 73 and a liks sum on the corrosp«~dinp d+y of esch mo~th thers- after until the whole be fully paid. Each installment first shall be applied in payment of ths (nterest and then an the unpaid bafsnce of tM princ~p~l wm. If default is msds in tM payment of any installment when due,.and such default continues 30 days, then et the option of the holder, and without any o1he~ notice, sll the remaini~g inseallments shall be due and payable at once, P~iviiege is given to prepay this nota in Nrhole or in psrf at any time without penalty. Neithe~ fwtbNranh; nor acceptance by the holde~ thereof after any default in any paymenh hereon, sh~lt be deemed extension. A lats payment cMrge of ~ 5•O5 , shall bs ad~ed to each installmem r~maining ~npaid 7 days ~her ib due date, ae~d a like sum shall be added to each wch installment remainirg uapaid 7 days aftK each s~cceeding payment date. Fsch maker, surety and erxiorser hereof, jotntly a+sd uvera!(y ves demand, p~esenrment prot~st and rarice "of protest fw noopayment, end further agrees to any extension of time of payment, eithe~ before or after r~fturi , withou{ notice to. any of us; snd to pay all costs of collectan, includinp • reasonable attorney i fee in tM event of any default hereunder, and hereby severally waives all benefit of homestead aod exemption under tF+e cwutltution and Isws of each Srate of the United States, as against this obl'~gation w ~ny ex~auion or renewal hereof. i w~r~ ~ne ~~d ~d ~i or ~Kn ~.r,~. s/ Ruth C. Hueqel, a widaw (~~U (5~?U a/ Br~ce M. Proske ~ 18.00 s/ Susan R, Proske ~ ~ ~ ~ State Revsnve ' (~rarnpr ew~ceHed ~r eriyhwl-~e} . , NOW, THEREFORE, the MORTGAGOR fw the purpose of securirg p~yment of saW wm of ~ 12 . ~nd the perf«mance o/ th~ coven~nts ~nd ~reements hereinafrer expreued, and fo~ diven pood and valwble canidaraYrom, by these present~, does graM. barq~in, sell, remise, release, convey snd to~firm unto the MORTGACEE, iri s~cteuws and assgns, all that tert~in bt, pieq or puul of land, tituate, lying, and beirg in the Counfy of St. LIICi@ ~nd State of Fbrid~, dewib~d a folbws: The Bast 65 feet of the West 790.50 teet of~Lot 16, MARAVILLA GARDBNS, UdIT ONB, as per plat thereof recorded in P2at Book 6, Page SS, of the Public Recorda of St. Lucie County, Florida, - . ~ ~t~ t ~`7~~ d+F ~~''s~'~ ~ ~ d c A EptAa~ a, ~ ~ Opt_~ R~~ ' ~ ~ ~tZ1''» .,,,r• - s~ ~ ~ ~Y • ~ ~~Ot pF 7N~ i o . IN PAYM~~~R .C ?NTM1~~8~ ~ 191L ' . p1~~'~ ~ptF^. 71-134. ~ r1l', i rpI1R1?S ~ eu~ aoc~~ ~~E ao, ~ ~K CIRCUI~ ~AT' Si. ~ I f E f together with all and singular the te~xmenq. 1~er~tsmenh and ~ppun~~ces thereunto belonginp or in amwise appertainirg thereto, and +0 renb, issup, ~ proceeds snd profiri acuuing snd to xuve from ssid premises, all of wli~ are intludcd in the abovs and foteQarg desuiptan and habendurn. 3 TO HAVE AND TO HOW the ~bove desaibed and g~~nted premises vnto the said MORTGAGEE, ifs wa.esson and ~ssiyru farcv~. And th~ stld ; MORTGAGOR fw t~lr F?ein, executon, sdministraton and sssgns, hereby covensots with the said 1NORTGAGEE, 1ts waes~ors and ~ssip% that thev are ~swfull seized pi the said emisea in fee simple; tl+~t the same ar~ f~ee, cka? and dixh~r f Y tliey ~ t helz ~ f~om .n r»n. .na «+cwTM j brarxes in law o? in aquity, and that will a~d hein sh~ll wurant uid defend the titl~ W ths tartw fo th~ said ; MORTGAGEE, its iuccessws and assigns, forever sgainst the lawful ct~ims and demands of all persorat ; PROVIDED, ALWAYS that if tMe MORTGAGOR shall psy unto the N~ORTGAGEE the promiuory irate hereinbefwe described ~nd ahall tnrly, promptly ~ F ar~ fully perfwm, diuharge, e:ecute, compiete, compty with and abide by each a~d every the stipulatiau, s~reemenh, conditeons s~d aoveninb of iaid ~ promissory note and of this Mortgage, then this Mortgspe and the Eatate her~by ueated shall ce~se and be null and void. ~ IT IS UNDERSTOOD tMt the wwd "Nbrtgagor" whether in the sirgular w plvr~l ~nywhe~t in this Mort9~e, shall be sinpulu if ont only and = shall be plural joimly and severally if more tMn one, snd that tF+e word "their' n~ed aeywh~r~ in tha Mortysye slull be taken to m~sn "hb;' "Mn" " or "in;' wherever the tontext w implies or sdmits. Also, th~t wherever thne is a reference in the coven~nn and ~praemenri herein ooMiu~ed to arryr of ~ ! the p~rties heroto, the ssme shall be oo~strued to mean ~s well as the hein, le9al r~preientativet, waeswn u~d asfiyns (either votuntary by sd of th~ ~ i panies a(nvotuntary by operation of the law) of the umr and that 1F~e covenaMS herein ca?tained shall bind N+d the benefib and adv~~ts~es inw~ ~ ro the respective hein, legsl represemstiva, successors and au~gns of the psrties hereto. ~ And iaid Nbrt fot themselves snd their he'as, I sl representatives, succeuors a~d asi ns, her ~ ; 9~s, c9 iy eby joi~tly and severatly coveMnt and apree ~ ° ~o and with the said MORTGAGEE, its suuesson and assiyns: 's ~ 1. to pay ail a~nd singvl~r the principal and interat and the various ~nd sundry tums of money p~yabl~ by vi?tw of ssid promiswry ~ote, and tFw ~ ' mortga9e, each ~nd avery, promptly on the days respectively the same severally becom~ due. ~ 2. To pay all and singulu the tsxa. ~ssessmenb, lev~es. IiabiliY~es, obliy~tions u~d e~cwnbr~ncea of every natur~ and kind iw~w on said describsd ~ ~ p:operty, or th~t hereaNer may be imposed, suHered. P~+ced, kvied, or as~essed ti~e~eon, a that hereafter m~y be levied w aisessed ~P~ ~~q' oe~ ; a9e, or the indebtedneu secured hereby esch and every, when due ~nd psy~bk, accordiny ro I~w, befa~ they become dalinqvent, and b~fon any- tntKat om i attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAtI EE PROMPiLY SATISfIED AND DlSCHARGED OF j ~ RECORD AND :HE ORIGlNAL OFFICIAL bOCUMENT (SUCH AS FOR INSTANCE, THE TAX RECEWT OR THE SAT15fACT10N PAPER OFfICIAIIY ENDORSED ~ 4 OR CERTIfIED) SHAII 9E PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT f.:TER PAYMENT; and in tM eveM thst an~ thereof is ~w paid, saYified and dischereed sa:d NWRTGAGfE may at any time pay the same or any parl thereof without waivirg w affectiny any option, lien, eqvity a •~qht vnder or by virt~e of this mortgage and the full smount of each snd every s~ch payment sh~ll be irtwnediately due and payabk and thaq bear intet~st ~ irpm the date tl?ereof until psid at rale of nine per centum per annum snd together with ~uch int~?est sh~H be secu~ed b! the lien of th:~ mwQta~. ~ i : - _ - . _ - , ~ , _ _