HomeMy WebLinkAbout2167 25?5593 ~
THIS INCENTURE. IWd~ th~ ~ 1~~t1 day cf MeV . A.0.,19~-. MtwNn
_~1 fred A Muetzel a sinale adult and 12adnev S Hami1,~~L; A~~ n~~ o a~~.~ +
of St_~ Luc~ie ,~~~y FIorKla, hK~inaftw desipn~t~d ~s tM "MORTCaAGOR.°~+nd FIRST FE~ERAL SAVINGS ANO LOAN
I?SSOCIATION OF FORT PIERCE. a cwpaatan orp~nu~d u~d ~xistinp ~nd~+ th~ laws of tM tMit~d Sutu of Mwlu and h~vinp tri priRdP+~ Plan of
bwfna~ In tl» Cit1? of fo~t PiKO~. St Lud~ Ca~ty. florkl+. h~r~in+h~r dnip~?at~d a ti» "MORTGAGEE."
WHEREAS th~ MORTGAGOR ts ~atly ind~bt~d to th~ MORTGAGEE in th~ wm of 0~ pood sad lawfvl ma+sy of the U~ited
Stat~s advanc~d by tM INORTGACaEE unto tFr MORTCAGOR, as evkMnced by a ceruin p~omistay not~ of eva? dat~ twnwith, of which 1M followinp io
word~ uid fi~uns i~ a trw copy, to-wih
s 22 •~0. . ~ 1 Op1987 S
~ Fort Piau. Flo~ida. NLav 1 7 19~.,3_
~ for v~lw nc~ived, 1, vw w eitha of ~s, promis~ to pay, witiw~t d~falcation, to the ordu of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
~ FORT PIERCE at fat Pierc~. Florids, tiN sum of. i-~-• with interest from date ~t the r~te of Z.._ZS6 pa +m+wn. in ma?thly ir?sta14
y menu +s follows:'i ~ 67 o~ +he 1Qth d~r of ~Sj).tem~r 19~_ sed a lik~ ~um on tM correipondinp d~y of e~ch mo++th tMn-
~ atter ~ntil the whole b~ fully p~id•
~ Fsch installment fiirst shall be appiied in payment of ths interest ~nd then on the uopaid bal+nos of the prindp~l wm. If defsvlt is mads in ths
payment of ~ny iratalimsnt when dw, and wch defauh continues 30 days, thee at the option of the holder, and without sny other notice, ail the rem~inirg
" installmenri shsll bs dw and p+yabk at oncs. Privile~e is piven to prepay this note in whol~ w in p~rt st ~ny Yune without penslty. Neither forebesruxe,
~ nw aoapt~nu by the holdtr the?eof aAer ~ny def~ult in anY paymK+b hKeon. shsll be de~med exts~uioo. A i~ts payment tha?~s of i$a~.2~ sh+ll be -
added to ~ach kutallment ram~inirg ~npaid 7 days afia its dw d+t~, ~nd ~ like wm sMll bs ~dded to e~ch wch instaliment rem~inin~ vnpaid 7 days aN~?
~ each wcttedirg WYmeot d~t~.
~ E~d? maka, swety and endorser hsreof, iantly and severaily, w+ives dem~nd, presentenent protest and notios of protest for nonpa t, snd funher
C agrees to sny exte~san of time of payme~t, either before or aher mat~rity, without notice to u~y of ; ar~d to pay ail cosri of ion, intludi?g a
~ reaswuble attomey't fee in tM event of any default hereu~der, snd hereby severally waiv~s all d of homestead exempt' tM ooestifvlion
and laws of each State of tlk United States, u ag+irat this oblig+tion or any eatanion w ranew
Witnesa th~ hand and ~eal of esch parhr• , .t~
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~ r - ) sra» a.wnw
(5+amprcw~ail~d~w ~?~F ~+eM
NOW. THEREFORE, ths MORTGAGOR for ths purpose of seturi^0 p~Yment of t~id wm of =.~2•~~•~ ~ and th~ pe?form~~os of th~
covenann and .~re~men» hersinsfrer enpreued, and for d'iven good and wlwbb consideratans, by thes~ p?esents, do~s ~ra+t, b+rD+i^, sell, nmis~,
relesse, ooowy snd oot~firm unto tlk MORTGAGEE, its wotessors and assiyns, all that tertain lot, piep or parcsl of land, sitwt~, ly6g. and beinq in tlw
~~~y ~ St. L11Cle , and Stm of Florida, dewib~d u fdlows:
Lot 15, Block 409, PORT ST. LUCIE SECTION 3, according to the plat thereof
recorded in Plat Book 12 at page 13E, of the Public Records of St. Lucie
County, Rlorida,
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~ " ~ IN N1!fME1fi.
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ON~ ItIT11N6~~
~w1PiER ?I•134. A~TS ~ 19I1~y~
~ ~ p1TRAS /
qFRK CIRaN~ 0~~ SL WCIE 60+ FlJl
toyether with all snd ungulsr the te~wments, heredit~menb ~nd appwtances thereunto belaginp or in anyw~ss ~PPer~aink+p thereto, and aU rents, issws,
proceeds and p?ofin acauing ~nd to acvvs from s+id p?anises, all of wiiKh are induded in the ~bo~+?~ and for~yoinp description and habendum.
TO HAVE AND TO HOID the sbo+re described and 9ranted premises uMO th~ said MORTGAGEE, its suonswn ~nd ~ssipnt fo?ev~r. Md fh~ ssid
MORTGAGOR fw thai r ~~n, execvton, administraton snd auigns, he~eby cownanb with th~ said MORTGAGEE, its wa.es~ors +nd assiyr~s.
rhat thP~ ~r~ Iswfully seiud of tM said pranis~s in fee simples 1h+t tM sun~ u~ free, cl~a~ and dischatped froen all li~ro and ~
brae~us in !+w or in eqvity, and ths+_~1ip~_ will snd th i r hein sh~Il wuram and d~fsnd t}N titb w tM s~m~ to tM safd
MORTGAGEE, its wcoessors and assigru, fotever ay+intt the lawful daims ~nd demands of sll penonst
~ PROVIDEO. ALWAYS tMf if tM MORTGAGOR thall pay unM the MORTGAGEE the promissory not~ hersinbefo?t desvibed and sh~ll truly, promptly
~ snd fuily perfwm, dixh+rpe, execvte, compbte, tomply with snd abide by each ~~d every the stip~rlaYa~s, apreemenri, conditioro snd oovstwnb of s~id
promissory note and of this Mortyape, then this Matg+pe ~nd the Estate her~by aeated shall aase ~nd be nvll and void.
IT IS UNDERSTOOD that the word "Mortyapor" whether in the singukr w plwal a~ywher~ in this AAortyapt, shall b~ sirgvlar if one only and
~ shall be plwal jointly and severally if mw~ th+n o~e, and tMt the word "the'a" ~s v~ad anywhere in this Mony+y~ sh+ll be taken to me+n "hii.•• •'fkn.••
•in,•• wh~rever the mnte:t ao implias w admiri. Aho, rhat wherever rhe?e is • retereno. in rM coven+~n and ay~eaneo~s herein oomain.d fo any of ~
~ the puties hereto, the sam~ shall be cautrued to mean ss well ~s the hein, (ey~l representstives, suuessors u~d sssigro (eitha volvntary by +ct of tM ;
parY~es or involuntary by ope~atan of the IawT of th~ s~me ~nd that the covensnn Merein oont~ined shall bind and th~ benefib and advantapea inw~ ;
ro ti~e respective heirs, le9al representatives, s~ccesiors snd ass%yrn of the puties ha~to. ~
~
Md said Mortyagors, for tFmrraelvas snd thcir heirs, le~al representativss, succeison and assipro. I+ereby jointly and sever~lly covenant and pne
to ~nd with the said MORTGAGEE, its successws and +ssipns:
1. To pay ~II ud iugulx th~ principsl snd interest and the vario~n snd wndry sums of money p+Y~bl~ bY virtw of s+id Pra^issory note. ~od tl+is
mortgaye, ath ird rve~y. Pra^Ptly on the d+ys ~tapettively tFM sxne sevtrally betarw dw.
2. To pay dl and sirgular the taxas, auesunen», kvies, liabilities, oblig+tam and ~naNnbr~non of wery rnhxe and kind now on s+id dewib~d
~ prop~rry, a thst heresher m~y be :npaed, suffaed. P~+ced, leviwd, w as~essed thereon, a tMt her~after may b~ Iwi~d ~w a~eued this Nlorp-
aye, a tM indebtsdness secwed hsreby, e~ch and svay, whe~ dve ud p~yabk, accwdinp to law, befon tF~ey becan~ delinqwnt, ud b~fon ar~y intuat ~
attaches or a~y psnalty is incwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL 8E PROMPTIY SATISFIED ANO DISCHARGED OF !
RKORD AND THE ORIGINAI OFfICIAI DOCUMENT (StKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIALIY ENDORSED
OR CERIIFIEO) SHALL BE PIACED IN THE HANDS OF SAIO MORTCsAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENTj ind in tht ~wnf th~t a~y MKreof is nol
paid, sat'sfied ~nd discharyed s+:d MORTGAGEE may ~t any time pay the same or a~y part thereof without waivinp w ~ffsttieg a~ryr optan, lie~, p~iM or
.pht undar a by virtue of this mwtgaQe and the full amount of each +nd every wch payment shall b~ imrrwdiately dw and p+yable ~nd shall bsu intKest
~rom the dare thsrtof until p~id +t r~te of nine per untum per ~nnum and toyether with wch intN~st sha I be wcw~d by tM li~n of th:s morytap~.
aoo~: ~14 P~cE2~.6~
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