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Home My WebLink About0192 2582`79 ~ THIS INUENTURE. Mad~ the lsth day of Jun~ A.D. 19 73 between DuNN b KONN INC an Indiana Cozporation of St. Lucie , County florida, herein~f~er designated as the "MORTGAGOR;' and FIkST fE~ERAI SAVINGS AND IOAN ASSpC1ATION OF FORT PIERCE, a corpaat~on ory+oi:ed and eaistinp under the taws of fM United Stsfq of America and lavinp it~ principal place of buiine~~ in tM Ciry of Fo?t Pi~res, 5~. lucie County. Florida, hereinafter designated as tM "MORTGAGEE:' WMEREAS the MORTGAGOR ii i~itly indabttd ~o ths MORTGAGEE in the sum of : 3O_1~0'~ , good and lawtut money ot the Un~ted States advanted by the MORTGAGEE un+o the MORTGAGOR, as evidenced by a catain promisswy ~ote of even date harew+th, of which 1he foilowing in words and figures it a hue copy, to-wit: 530.000.00 . ~20020023 Fort Pieres. flwida, '1~e s 19 fw value re~eived, 1, we w eiiher of us, prom;se to pay, wi~hout defalcation, to the order of FIRST FEDERAI SAVINGS At3U LOAN ASSOCIATtON Of F~RT PIERCE ar Fwt Pieres, Fbrida, the sum of = 30+~~•~ _ w~~h inte.est from date at the rate of8!~_°% per annum, in montAly initaf!- R,ents as fol!ows: s 251 on the 2~th day of •S~tP~ber , 19 73 and a like sum o~ the cwrespond~ng day of each month there- 1=` afrer until fhe whole be fully pa;d. j Each i~stallment first shall be spplied in payment of the interest and lhen on the unpa~d balance of the prinupa! sum. If dr~ault is made in the °~1 Fayment of any initallment when due, and svch default corttinues 30 days, then at the optan of the hofder, and without any other notice, all the remaininy ~ ~nstaltments shalt be due and payab!e at once. Driv'~Iege is given to prepay this rate in whole or in part at a~y time withcut penalty. Neithtr faebearance, nor atceptante by the Fwlder thereof after any default in any payments hercon, shall be deemed extension. A lale payment charge of = 12 ~ Ssshall be ~ added lo each installrr~nt remaining unpaid 7 days after its due date, and e like sum shall be added to each such installment remaining unpaid 7 dayf after C~ each succeeding payme~t date. fach maker, surNy and eodorser hercof, jo~nNy and several!y, wa~ves demand, proxntment protest and notice of protest fw nonpayment,,~nd fuAher ~ agrees to any extensan of t~me of payment, either before w after maturity, without notice to any of us; and to pay al{ costs of collection, i~nc " ! ~ reasonable attarney's fee in the event of any defau:f hereunde?, and hereby seve~ally waivn all benelit of homeslead and exerteption nder t}~q tp~si~ ~~~d laws of each State of the United States, as aga~nst this obligation or any extens~on or reruwal hereof. ~ Witness the hand and seal of each a~t b K t' ~ P Y• • Il I O~ ~9 ht_~r- . ~ ' t ~ BY: s rank t• _ • n ~~S~A~ ' t` 45 00 ATTBST s s Y $ve , S ~ ~ 1 State Rqvenve ' • . ~ ~ . ~ t~taQ~caoulLad w~.arigiaal.s~wa r/~ ~ ' ~ ~ \ NOW, THEREfORE, the MORTGAGOR for ths r 3O OOO~OO ~ pu pox of securing peyment of iaid sum of S ~ .+nd~t?Ie~pe?~' a~fo`ti~,~s covenants and agreements hereinafter expressed, and fw divers good and vsluable considerations, by these _presen~s, does grent;~;~op~(yW~, sell ~~inise, release, convey and confi~m unto the MORTGAGEE, its aucce:sors and assig~s, all that certain lot, piece u pucel of (snd, situate, lyirq,'wAd~?1Ag in tM ~ County of $t. Lueie ~~d Sute of Fbrida, de~cribad ~s follows: Lot 1, Block 28, REVISED pLAT OF FORT PIEIICE SHORES, UNIT 3, as per plat thereof on file in Plat Book 9, page 36 of the public zecords of St. Lucie County , Florida. STAT~ oF F(...Q R I D A.1 " 51AMP Tr,,. ~ ` DOCUMENTARY.~" I ~ DEPT. Gf NfVElrUE ~ij.. ~ _ _ ~~z -~~T3~, ~ 5. 0 0 t ~ ~ ~ o~ ~ rnxe~ ~ - es. ^ i REt~JVm ~(ti~l, - ~ ~ `~Z 0!~ fltf C11~ 'C tN1A1KIdtE . PURS1~AKi Ta CW~~ER 71-13l. AiQS Of 1l11~~ ; ROGFR POITMS ~ CL,ERK C1RqlIT CWRT. Si. LUCIE C0.. FU. ~ ~ { rogNher witl~ sll and singular the tenements, hereditaments and appurfsnces tFxreunto belonginq or in anywise appertaining thereto, and ~II rtnts, iuves, ' prxeeds and prof~ts accruirg and to accrue from said premises, all of which are incfuded in the above and forepoing description and hsbendum. s TO HAYE AND TO HOCD the above described and grante~.' prem;sea uMO the said VIORTGAGEE, its successon a~d assiyns forever. And fh~ ssld ' MORTGAGOR for 1tS lx;rs, executon, adminisrrators and sssigns, hereby covenants with the taid MORTGAGEE, in successoa ~nd assipns, : it is that lawfully seized of the said p~emius in fee simple; that the same ue frae, cka? and dixharyed irom all liens snd encvnr brances in ~aw or in eq~ity, and that it will and ~ 1tS heirs sMll warrsnt ~~d defend tF~e title to the s~me to the said ~ MORTGAGEE, its successors and essigns, forever againsl the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORT('sAGEE the promiuory note hereFnbefore described and ahall truly, promptly and fulty perform, d~scF~arge, execute, complete, comply with and abide by each and every the stipvl~tions, agreements, conditions and tovenants of said • promisswy no~e and of this Mortgage, fhen this Mutgage and the Eatate hereby aested shall cease snd i~e nvil and wid. : IT IS UNDERSTOOD that the word "Mortgsgor" wF?ether in the singular or piwal anywhere in this Mortgage, ahat) be singular it one only ~nd shall be plural jointly snd scverally if more than ax, and that the wwd "their" as used snywF~cre in this Mortgage shall be tsken ro mean "his;' "hen;' ~2 or "iti;' whereve~ the context w implies or sdmits. Also, that wherever there is a refe?ence in the covenants and sgreemenri i?erein comained 1o any of the pa?ties Rereto, the same shatl be construed to mean as wel! as the heirs, legal representatives, successors and assigns (either voluntary by ~ct of tht parties or involuntary by operation of tMe law) of the same and that the covenants herein contained shall bind and the benefits and sdvanta~es irwr~ ~ fo the respective heirs, legal representatives, succetsors a~d au'gns of the pufies hereto. ` And said Mortgagors, for themselves s~d their heirs, legal representarives, svccessors and auigns, hereby jointly and severally covenanf snd agree ~ ~ ~o and with the wid MORiGAGEE, its successws and sssigns: ~ = 1. To pay all and tingvlar the principal ~nd imerest and the various and sundry iums of ma?ey payable by virtue of iaid promissory note, and tha ~ - mortgage, esch ~nd every, promptly on the days respedively the s~me severilly lxcome dve. 2. To pay all and ~ing~la~ the taxes, assessmenb, levies, liabilities, abligatiorts and encumbances of every nature and kind now on ssid described ~ ~ property, p thst hereafter msy be imposed, suffered, placed, levied, or +uessed thereon, p that hereaher may be levied or assetsed upon ihis Mort¢ ~ age, a fhe indebledness ucvred hereby, each snd every, when due and psy~ble, accordi~g to law, befae they lxcome definqvent, ~nd befwe any FMerest nco attaches or any penalty i~ inturied; AND lNSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED Of a~ j RECORD AND THE ORIGIhAt OFFICIAI DOCUMENT (SUtH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSEO OR CERTIFIED) SHAIL BE PLACEO fN THE HANDS OF SAID MORTGAGEE WITHIN ~EN DAYS NEXT AFTER PAYMENi; ~nd in the event that any theroof is not pa~d, sat'sfied and diicharged sa'd MORTGAGEE may at any time pay the same or any pa?t thereof withovt w~iving o~ afiect~ng any option, lien, equity w =~~ht u~der or by virtue of this mortgage and the full amount of each and every tuch payment shatl be immediately due and payable and shaU bea~ inte~est ~•om rhe da~e thereof unti! paid at iate of ni~e per centum per annum and together w~th such interest shall be secured by the lien of th:s morgtpe. > 3 ,o- r "3 ~~d.t~v ~ _ T. _ _ . . _ _