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Home My WebLink About1565 ~ 25'7169 ` . . . . ~ . _ THIS tNDEdIIJRE,_116~t1~ • llth eia~r~f • AD. 19~,3 MtwNn tiVWAt~ AND , of t. UC e CpyMy Florid~, Mr~inaftK ci~~ign~Md as tM "MORTGAGOR." snd FIRSi FEDERAI SAVINGS ANp IOAN ASSOCtATfON OF FORt PlERCE, a oapaarion o~yanis~d and exiuinp w~dN tM law~ of rM Qewd 6ut.s`of _I?Muks and havinp in princ?pal ptac~ of busin~s~ in ~h~ City of Fort P~u, St. lucl~ Co~ety, flaida, Mr~yuhK dapnat~d a tM °MORTGA~'iEE:' WHEREAS th~ NWRTGAGOR it prslly i~lebt~d to tM N10RTGAGEE in th~ wm of i 4, 6~ , yood. Ir?d lawful mp+ay of the U~~ted Stata adwnced by th~ MORTGAGEE unto th~ MORTGAGOlt, u~v;dsnced by a certain promissory not~ of even date Mrewith, of which th~ followinp in wads and fiyures is a t~w topY, to-wit: • s 4~ 6QQ3 00 ~ ~,'c. N,_ 10019983 fort PNrc~. Naida. ./11A@ 11 ~p 73 For valve received, 1, we w tith~r of u:, promiss to witho~t dsf~tcafion, to tM order of fIRST FEDfR/LL QSAVlNGS AND LOAN ASSOCIATION OF FORL PIERCE at Fort Pierce, Florida, the sum o~ = 4~ 6~ w+th intere~t from dste at 1M rate ow • ~ % per annum, in monthiy instai4 ments u followi: ~ 113t~ p~ thr lOthd,,, o; Auaust ,~9 7~. ~nd • lik~ sum or~ tM cor~eap«+dirg day of each month ther~- after until ~he whol~ b~ fully paid. Eacfi instsUment fust shall be applied in payment of tM inlerett snd then on the unpaid balance of the princip~l wm. If deiwft ia made in Na payment of any insqllmem when dw, snd wch defavlt continuea 3p days, then st ths option of ths holder, and without any other notice, all the remaininp ~nsallments shall be dw and payabk at once. P~ivile~s Is yivan to prepay this note in whol~ or ln parf at ~ny t~me without p~n~Ity. Neirher forebsaraocs, nor ~cceptence by the hoider thereof afte~ any default in ~nY paymenh F~ereo~. shall 6e deemed aatension. A late paYment ch+rge of • 65 ~It b~ added to ~ach irytallmeM remaininp unpaid 7 days afle/ its dw date, and a like aum shall be added 1o each such instsllment ramainin~ ~npaid 7 days afitr eech wcteedirg payment date. , Each maker, wrety and eedorser hereof, jointly and severally, waives demand, presentment protest and notise of protest for nonpayment, ac~d funher agrees fo ~ny extensan of tema of paymenf, either befor~ a af1K matu~ify, without notice to any of us; and to pey al) tosts of tolkciion, intludi~ a reasonable attwney i fee in tht eve~t of any detault herew~der, snd hereby severally waivea all benefit of homettead and exemption u~r the conititution and laws of each State of the United States, as against this obligstan or ~ny extension 'a renewal F+ereof. Witness the hand and seal of each party. /s/ Howard D.. Schwab ~ cs~?u s/ Ro sa 1 it~da M. Schwab ~q ~ 6 , 90 ~ st~te aevenue (Sr~~ uncelkd on oripinal note) NOW, THEREFORE, the MORTGAGOR fw the pu~pose of secvring p~yment of said sum of ~ 4~ 60O • ~0 ~nd the perfermancs of ti» cove~a~q and agreements hertinafter expressed, and fw diveri yood a~d wlv~ble consider~tions, by tl?ese presenb, does gr~M, bar9ain, setl, rsmise, release, to~vey s confir un the_ MORTGAGEE. its suttessus and suigna, al! that teitiin lot, piep or putel of land, situat~ (ying, and beioq in ths Counry of '~C~e snd SaN of Fbrida, de~cribed u follaws: Lots 23, 24, 25 and 26, Block 11, Unit 2, - - II~IAN RIVSR SSTATSS, as per plat thereof . on file in Plat Book 10, Page 46, of the Public Records of St. Lucie County, Florida, . . . . . . . . . . . . . . E~ ~~~ca. ~ Q d STAT oF , FI..QRfDA t w~~~~'~~~ o~ ~ DOCUMEN ARY ST<iMP 1AX i q ~te~`',~,,~' EJ" y~ DEPT.. OF REYEiIitlE ' . ~ ~ ~ ~ \~~g 1~~~~Q~ ~ • ~ ,_'L = ~~12a•~3 y.' ~ 0 6. 9 0~ W'"~ C~~E~~S. S~- o = ~~t42 ~ ~ t ~/j ~ ~j.~ , . . . . . . . . . . . . . . . . . . . . . . ~ G~~ togetlxr with all ~nd singul~r the tenements, herediumenn and appurqnces thereuMO belonginy ot in anywite ~ppetf~ininp fl~erefo, and dl rentf, ~s~~es. proceeds u~d prafia acauing and ro atcrue fro.i~ said premises, all of which are included in fhe ~bo~ve and fwe~oirg descripYan ~nd Mbendum. ' TO ?IHVf AND TO HO1D ths sbore described and gr~~ted premisa unto tM s~id MORTGAGEE, in s~rcceswrs and assiyns forevs~. Md tM said MORTG R for t he i r ~irs, executon, admi~istraton s~d sssigro, hcreby covensnri with tM said MORTGAGEE, ib waessors u~d assipro, ~~.t `~~°iey are ,a,~,r~u .~~a or ~i,. .~~a y premises in fe~ iar~ple; th~t the s~me +re free, cleu and d'esch~r~ed from all lieiu and ~ncwm brances i~ law or in equity, and thst t he y w~~~ a~ t he i r hein shall wurant and defend the title to the ~ame to t!~ aid MORtGAGEE, in svccessors and auiyns, foreve~ egai~ut tl?e lawfut cbims and dertcar~ds o{ all persau; PitOVtDED, AtWAYS thst if the AAORTGAGOIt sha!! pay ur»o the MORTGAGEE ths promisswy not~ h~reinbefwe d~wibed and shall trvly, promptly and fullY perfwm, d;sch~rpe. execute, compkte, complY with and abide by esch a~d every the stipulstiaa, agreemenb, tonditions snd torenann of s+id promissory note and of ~his llhortysge, then this Nlortgsge and the &tat~ hereby veated shaH ce~s~ end be null a~d wid. IT IS UN~ERSTOO~ th~t the word "Matysgor" wheM~er in ths singular ar plwal anywhe~a Jn th;s Mortgage, shsll be sinyular if one only ~nd shall be plwal joi~tly and sevenlly if more tl»n a~e, snd tMt - the word '9 heir" ~s vsed anywhere in thw Mortgaye shsll be taken to mean "his,'• •'hen oi "ih;' wherever the context so implies or admiri. Also, thst wherever there is s reference in tM toven~nn and ~greements herein contain~d to a~y of the panies hereto, the. sams shall be construed ro mesn at well as the hein, leyel ~epresent~tives, svccessas a~d assgns (eitFie~ volunury by act of th~ parties w invd~ntary by operation of tFro law) of the s~me and that the covena~ts F~eran cont~ined sh~ll bind •nd rfw benefin a,x! edva~rs~es inw~ .O :C~ !:7! ~!l••, f..si! ?ir+!itlR!~tivlf. tYttlffOl~ ifld aff'~flf Of 1~1t paftit! ~INttO. ~ Md said AAwtgagws, for themselves and their heirs, legsl representatives, wcsesson a++d ~uig~», hereby jointly and savaally coveMM ~nd apree ro and with tt~ said MORTGAGEE, its :~cusso?s and assg~u: • , 1. To pay all ~nd sinQvlu tF~e princ;pal and interest and the wrian and sundry sums qf money payable by virtve of ssid promissory nots, ind thit mo?tpsge, each ~nd every, prompdy on t1+e days respec~ively tt~s same teve~ally becana dw. 2. To pay ~II and anyutar the qxd. asieurt~ents. levi~s, liabilit;es, obli~aYwm and er~mbnerces of every natwe and kind now on said describst! properry, w that heresfta maY ~~Da~d, wHcred. P~aced, levied, w assessed thereon, w that her~aft~? may be kvied a~sed upon this Mortq- age. a th~ indebtedness secvreA hereby, exh and every, when dw and payable. ~aordirg ro Isw, before tl~ty bccpn~ deljrpuant, u~d befor~ u~y Mterest sttaches w any pen~lry is inturred; ANO INSOfAR AS ANY THEREOf IS OF RECORD THE SAME SHAII BE PROMPTIY SATISfIED AND ~lSCFlARGED OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUC1i A5, fOR INSTANCE, TME TAX RKEIPT OR THE SATISFACTtON PAPER OFfIC1AltY ENDORSfD OR CERTIFIED) SHAU Bf PIACED !N THE HANDS OF SAID INORTGAGEE WITHIN iEN DAYS NfXT AFTER PAYMENT; and i~ the event that a~y N~ereof a not paid, tst:sfied and discharged ss:d MORTGAGEE may at sny time p~y the same p ~ny pan thereof witho~t waivirg or affectinp any option, lien, equity a •~qht under w by v~rt~e of tF?is morrgage and rFro full smount of e+ch and every such payment sha!! b~ irrrnediately dve and piyable and shall besr iMerest i~om the date thereof until psid at rate of nine per centum per annum ~nd toyether w~ M~c'~;~ s~l~b~ ~y the lien of th:s mor9tape. ~Y4! ~ ~AY[ j ~ i . _ . _ . _ . ~ ~ ~ ~ , ~ ~ ^ ~ . . ~ < s~' . . ~w,~ .f'~..-g,t.~.,a„,~.=~=a