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Home My WebLink About0573 258543 ~ . THIS IND NjURE. Mad~ the 1~t h day o( -~~n~' ~ A.D. 197 ~ between _ C~intnn S. Goo t~~ir. ~nci ]rene S. ~'.~c~o win, h~ s wifc~ , , of - • ucie , County Florida, hereinafter de~ignated as the "MORTGAGOR." snd FIRST FEDERAL S/IVIMGS AND tOAN ASSOCIAitOfY Of fORi PIfRCf, a corpaation organized and exiiting under lhe laws of ths Un~ted S~ato~ of Am~rica u+d hawrp its principal place of businets in tM Ciy of Fwt Pierce, St. lucie Couny, florida, hereinalt« desiynaied as tM "MORTGAGEE:' WHEREAS Ihe MORTGAGOR ii j~stly indebt~d to tM MORTGAGEE i~ the sum of S 16 ~ 0~~ . On , good ~nd lawful money of the Un~ted States advanced by the MORiGAGfE unto the MORTGAGOR, as evidenced by a cena7o piomisswy note ot even date herewith, of y~ich the foilowin~ io word~ and fiyures is a trve copy. ~o-wit: : 16 . 000 . On ~ 1] t)On ] 04 Fwt Picrc~, Fio.~d., _ June 1~,,, ~q~_ fw r•alue rece~ved, I, we w either of us, promise to pay, withou~ defalcaiion, to the order of FIRST fEOERAt SAVIhaiS RND tOAN ASSOClATION OF FORT PIERCE at Fort Pierce, Florida, the sum of : 1 6 s nC)~) , w;th interest from date at the rate of 7ybr per annum, in monthly imtall- ~nen?s as foNows: S 1 32 ' n~ or? the 2nt hday of 'Ju~ V 19? 3 snd a like sum on the carespond~rg day of each month fherw afrer ~ntil ~he whole be iully paid. Each installment first shall be spplied in payment oF ehe interest end the~ o~ the unpaid balance of the pri~t~pal :um. If default is made in the payment of aoy installmeM when due, and such defautt continues 30 days, the~ at the option o! the holder, and wi~hout any other rwtice, aU the remaining ~ns~allmen~s shall be due and payable at once. Privitege is give~ to prcpay thia note in whole w in part at any time without p~~alty. Neither forcbearance, nor acceptance by the holder thereoi a(ter any default in any payments he~eon, shall be deemed eatension. A late payment tharge of S~Q, shall be ` added to each installment remaining unpa~d 7 days after its due date, and • like sum shalt be added to each zuch installment rereuining unpaid 7 days after each succeedi~g payment date. Eath maker, surety and endwsen c~reof, jointly and severally, waives demand, p~esentment protest and notice of protest fw nonpayment, snd further agrees to any extcnsio~ of time of payment, either before a after matu~ity, without ~otice to any o( us; and to pay all costs of co!lection, incJ~d;ng reasonable attorney's fee in the event of any delauit hereunder, and hereby severelly waives all benefit of homestead and exemption under the constitution and laws of each State of the Unifed S~ates, as against this obligation a any extension or renewal hereof. Witnesa the hand and seal of each party. S/ Clinton S. ~in ~Au 1 ene , dwin u $ 24 . 00 ~s~ ( ~ State Revenve " .~'!t7!*C~C!~E?N?E~a!['.4'~L'!d }t~Arl1 X NOW, TFlEREFORE, the MORTGAGOR for the r ng psy 1 C) , OOO. OC~ pu pox of securi ment of said aum of = . and the performance of the covenants and agreements hereinafta expressed, and fw-diven good and valuable consideratio~s, by these prese~ts, doea grent, bargain, soll, remise, release, convey and conii~m unto the MORTGAGEE, its successors and auigns, a!1 that certain lot, piece or pucal of land, situate, lying, and being in ths Couny of St . LuC i e snd State of Florida, described ~s follows: - Apartment ~Io . T ( 2021 of the COLOt~':VADES COI~DOMIA~ILTiS No . S, accordi ng to the Declaration of Condomi~ium Recorded in O. R. Bcok 197, Pac~e 1482, ~~.r~ended hv Inctrument Recorded in O. R. Book 20R, Pa!~e 7~1, of the Puhlic 'Zecords ~f St . Lucie ~ounty, Flori da, to~ether cri th all ap~ur. ten~nces- thereto, together with an undi~?ided interest in the common elements and 1 imi teri common element s therec~f . SOBJECT to the teias, crnrsnants, agreeaients, obligations and proQ#sions of said Daclaratian of Cando'iniui~ xhich swrtgagor in s1Z things does aovenant to mortgagee faithfl~llJ to obsei°ve and pertor~. G ~ ~ O ~ Q(( ~ F.~ . D~ STATE oF FLOR~Da ~ ~ ~~P~ 1~°:. : oz OOCUMEN7ARY,•~:~-r-,~STAMP IAX ~ ~ ~iGte~Y~~~ ~ ' y~ ~ DEPT.OF P.EYE~iUE • `5.=4 - ~~1V~~~,C R ~~.~,1. ~ . _ = P = t6~13 z ` Z 4. ~ 0 ' T r,HA~' ~ . . ~ o = :1 i j` ~ • ~ d)jl^~ v . + ~ _i....° ' . • ~ togethcr with all and singul~r the tenements, hereditameMS and appurtances thereunto belw~ging a in ~nywise appertaining theteto, and stl renis, iuues, p~oceeds and profits accruing and to acvue from said premises, sll of wi~;ch are included in the above and fwegoing descriptan snd habendum. TO HAVE AND TO HOLD the above described and gr~nted premisea unto the said MORTGAGEE, its ~uctesson and assigns forever. Md tl» ~aid their /+50RTGAGOR fw heirs, executors, administrston and assigns, hereby covenanri with the s~id MORTGAGEE, ib successwt ~ad ~uipns, thev ~.re ~hat lawfutly uized of the uid premises in fee simple; that the same sre free, clear and dixharged from all lieru and e+xvm- brances in Isw or in cquity, and rn~~ t h ev w~p a~ t}E 1 r heirs iha~l wsrr~nt a~d defend the title to the same to the said MORTCaAGEE, its successors and assigns, forever against the tawful ctaims and demands of alt persons; PROVtDEa, ALWAYS that if the MORTGAGOR sha!! pay unto tFM MORTGAGEF the promissory note hrreinbefo~e dewibed and thall truly, promptly and fully perfwm, dixharge, execute, canplete, comply witF~ and abide by esch and every the stipulations, agreements, conditions snd cwenanb of taid pramiuory note and of this Mortgage, then this Mwtgsge and the Estate hereby ueated shall cease u~d be nul) and void. IT 1S UNDERSTpOp thst the word "Mwtysgor" whethe~ in the singular or plura! a~ywhe~e i~ this Mortgsge, sFiall be iinpul~r if one oniy ~nd shall be plural jointty and severally if more tFun one, ~nd that the wwd "their" as ~sed snywhere in this Mortgsge sMll be tsken fo mean "F~is;' "hen;' or "its," wherever tke context so implies w admits. Also, that wherever there is a reference in the covena~n and sgreementi hrrein oo~tained to any of the parlie~ he~eto, the same shall be construed to mesn as well as the hei?s, legal representatives, successors and aai~grn (either voluntsry by act of the parties w invduntsry by operation of the law) of the same and that the covenants herein conbined shall bind and the benefits and adv~nNgp irwr~ ro ttro retpective heirs, legal representafives, succesaws and au~gns of the partiet hereto. Md said Morrgagors, for themulves and their heirs, legal ~epresenutives, successors and a~sig~s, hereby jointly and severally covena~t and ~yree to and with the said MORTGAGEE, ifs successws and assgns: 1. To pay all and iingvlar tht principal ar?d interest and tix variovs and sundry sums of money payable by virtue of said promisswy note, ~nd thii mortgage, each and every, promptty on the days respectively tla same seve~slly become dve. 2. To pay all and ~ingular t!x taxe~, assdsmenri, levies, liabilities, obligations and encvmbrancd of every n~ture and kind now on said described property, w tMt hereafter may be impwed, suffered, placed, levied, or assessed the~eon, p tMt hereafter may be levied w ~uesud ~pon this Nbtt~- aga o? the indebtedness secured hereby, esch and every, wlxn doe and payabte, accwdi~g to law, befo~e they become delinqvent, and befwe iny interest attaches w any pcnalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAJNE SHAII BE PRO/MP?lY SATISfIED AND DISCHARGEO OF PECORO AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEtP1 OR 1HE SATI$fAC7tON PAPER OFFICIAttY ENOORSED Q2 GfQTlFIfD) SHAII 8E PIACE~ IN 7HE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event tMt any thcreof is noi paid, sat'sfied and diuharged sa:d MORTGl+GEE may at any time pay tF~e same or any part thereof without waiving w affectirg sny option, lie~, eqvity or •~qht unde~ or by virtue of this mortgage and the full amount oi each and every such paymenf shal! be immediafely due and payable snd slul) be~r interest ~r~ the date thereof until paid ar rate of n~ne per cent~m per a~num and together w~th ~ucRh in erest shall be xcured by the lien of th:s mor~taye. E'U~li Ly~~ r'~~1( _ ,~',x ~ ~ 4~ . ~-4 ~.~.,x._ . ~ _ ~ ~r:~