HomeMy WebLinkAbout0793 258691 ~
THIS INOENTURE, n~?~d. ~~th d~Y ot -~lY a.o. ~9-?~, ~rWKn
Le~n J. Rurke and Lillian V. Buzke, his wife
af St• Lucie Counry flar7da, hsre~naf?ei designa~ed +s~ jI+s "MORTGAGOR;' ~nd FiRST FEDERAL SAVINGS AND IOAN
ASSOC~ATION OF fORT PIERCE, ~ corpwatwn organised and s:i~tin~ undN tM liwi oR ti» 11i~:t~ StN~i M M+~rica ~r~d Mvlnp in principal place of
buain~u in tM City of fwf Piace, St, tucie County, florid+, hereinaftn de~gnued u tM "MORiGAGEE."
WHEREAS th~ MORTGAGOR u justty indebted ro tM MORTGAGfE in the swn of ~ 19~4QQ~~Q good ~nd lawivl money oi the'Jn~tcd
Statei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cata~n piomiswry not~ of evM date herew~rh, of wh~ch tha fottowi~tiq in
wold,~ a4~ur~s ii a trw copy. towit:
s ~ •C)O No~~4~
c~,, ~~..n. July 10, i9 ~3
Fot value receivrd, 1, we w eitlKr of vs, promiu ~o pay, without defatcition, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Flo~id~, the sum oi j 19~4~~~ w;~h interes~ from datc at the rate of~aQ.-9o per annum, in monthty install-
ments as follows: i 186.~ on the ~~L. day of _ A11~llfit , 1q_.~~. ~nd a ~ike ium on the cor?csponding day of each mo~th fherr
after until the whole be fully paid.
Esch installment first shall be applied in payment of tha inteyest ud then on the u.opa+d batance of the princ~pal wm. If default is made in the
paymea~ of any i~stallmen~ when due, and such default con+inues 30 days, then at the opt~on of tF+e hotdc~, and wiThout any other norice, ait the remaining
~~~sra!lments shall be due and payaule at once. Privikge is given to prepay this nota in whok or in pan ~t sny t~me withovt penahy. Neither forebtaruKe,
nor acceptance by the holder thereof aiter any default in any payments hereon, slult be deemed extens;en_ A late payment charge of s 9~~ shall be
added to each instaflment remaining vnpa~d 7 days after its due date, and • like sum shall be addcd to each such installment remaining u~paid 7 days after
each succeed~ng paymem date.
Esch maker, surety and endorse~ hereof, jointly and xveralty, w~tves demand, p.esenrm~nt p~otest and ro~ice of p?orest for nonpayment, and further
agrees to any exte~sion of t~me of paymem, erthcr before a afte~ maru.~ty, wi~hout notKe to ~ny of us; and to pay all costs of co~iec~ion, includ:ng a
rea:onable attorney's fee in the event of any default hereur~er, and hereby srverally wsives all bereefit of homes~cad and eaempt;on under the constitvtan
a~d laws of cach S~a?e of the United States, as aga7~st rhis obl+~stior~ a any eatens;on u¦enewal hereoi.
Witness the hand and seal of each pa~ty.
(SEAU
s Leon J. Burke ~A~~
(s~?U
s Li2lian V. Buzke ~
$~.10 ~ s,at~ aeve~ue
csi+wp~ ~,s~c.ued.oo o~i~w~.ACs.) 19 ~ 400.00
NOW, THEREFORE, the MORTGAGOR for the purpose of aecuring payment of sa~d sum of i , and the performance of ths _
covensnts and agreements hereina(ter expressed, snd fw diwers good and valuable considciations, by these presenri, dpes qraro, bar~ain, sefl, remiu,
re~ease, convey and confirm unto the MORTGAGEE, its succeuors and assigns, all that certain la, pieta ot parcel of land, sitwte, lying, and being in the
County of St. Lueie snd State of Florida, dewibed ~s fdlows:
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Lot 7~ Block 47 of LAKEWOOp pARK, UNIT 5, according to the plat thereof
recorded in Plat Book 11~ page 5 of the Public Records of St. Lucie County,
Flor ida
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STATE ~F FL~RlDA ~
' ~z ° DOCUMENIARY~"~,STAMD !AX ~ ~ 3~' Gi
i °c UEPT. Of REtlENUE s ~ ~ ~ a~ r ~1~MENT ~ T~Q
~ Q= PR 12'T3 z;. ~ Z~. ~ 0 ~ ~R~MNf i~ QIMfER I 11-~31 19~yry~~ y .
+ - ~ + ~OCQ ~~J
i ~ o I t 192 ~ 4~:.. • 1 ~y re.. //~d
~SM ~
f ~ii iLl''IE Cp. NA~
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f together with afl ~nd singulsr the fenemenb. Ae~ediumenls and appurtances tFxreunto belaging a in anywise sppertsinir~ tF~ereto, snd all rents, iasues.
! proceeds and profits acuuirg and to sccrue from said premises, all of wh;ch are "u~duded in the above and foregoirg desuipYan and habendum.
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F TO HAVE AND TO HQID the above described and granted pem~sea umo t1+e s~id MORTCsAGEE, ns s~aessors and ~uiyrn forerer. And th~ a~id
~ MORTGAGOR fw the~r he~n, e:ecuton, ~dministrators and suigns, hercby covenants with the s~id NWRTGAGfE, its uiccessors and assiQro,
the are
i +hat Iawfully xized of the said prem;ses in fee simptr, that the sasr.e ere free, ckw a~d d:xFw9ed from all liens ~nd encum~
' b~ar+ces in law w in equity, and that theY i~ their ~~y wsrrsnt ~nd defend tf+e title to the s~rr» to the s~id
= MORTGACaEE, iri tuccessors end aasigns, forever sgainst the lawful daims snd demands of_ all persons;
: PROVIDED, ALWAYS tl»t if the MORTGAGOR shalt p~y unto the MORTGAGEE the promissory rote haeinbefore described ud shall truty, promptly
and fully perform, d~xharge, execute, compk~e, comply with and ab~de by each and every the stipulations, syreernenb, conditions ind cover?~nts of said
= promissory note and of this Mortgage, then this Mwtgage snd the Estate hcreby veated sh~ll cease and be null and void.
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IT IS UNDERSTOpp thst the wwd "Mwtgago?" whNher in the s~ngular o~ plursl snywhere in this Mortyape, shall be sirgvlar if one only and
ahall be plural jointly and sever~lly if more than one, snd that the word "tFKir" ss used snywhere in thit Nbrt9age shall be taken to mean •'his,•• •'hen•• '
E or "in," wherever the contexr w implies or admin. Also, that wherever there is a reference in the covenann and iyreertronri herein containct! to any of
the parties he~e% the ssme ihall be construed to mean as well ss the hein, leyal represe~?taY~ves. succeups and sssigns (either voiuntuy by ~cl of the ~
° parties w involuntary by operation of the law) of tiie same and rhat the covenants herein co~tained shall bind and the benefits and advantsges invre
; ro the respective heirs, legal representatires, successon a~d au~g~s of the puties hereto_ ~
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And said Mortgagws, fw themselves and their hein, kgsl representatives, successon and assiyns. hereby jointy snd xverally covenant and spree
ro and with the said MORTGAGEE, itt wccessors snd suigns:
o~..
1. To pay atl and sirgular the principat snd interest and the wrious and sundry sums of money paYabk by virtue of said promiuory note, and this
s mortgsge, each ~nd every, promptly on ~he d+ys respectivety the same sereraliy become due.
g 2. To pay sll a~d singvlu the taxp, assessmenri, levies, li~biiiries, oblgstiont a~d encumbrsnces d erery nature and kind ~ow on taid desvibed ~
property, a that hereafter may be ;mpoied, suffercd. Placed, kvied, or aueued thereon. a Mst hnesHer may bs ler;ed or ?sscssed ~~on this Mortg
` ege, a the indebredneu secu~ed hereby, esch and everyr. when due and payabk, sccordinp to law, before they become delirp~ent, and befat ~Mr inte~a~ ~
' attacnes w any penalty is inturred; AND INSOfAR A$ ANY THEREOf IS Of RKORD THE SAJ~.F SHALL EE PROAAPiIY SATI$FIED AND DI$~HARGED Of
RECORD AIYD THE ORIGlNAL OFFlCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFFICIALLY ENOORSED -~t;
OR CERTIFIEO) SHAtt BE PLACEO IN THE HANDS OF SAID MORtGAGEE WIiHIN TEN OAYS NFXT AFfER PAYMENT; and i~ the event thst sny thertof is not
' pa~d, sa~~sfied snd diuharged sa:d MORTGAGEf may at any t~me pay the same or arty psn thereof witiwut wsiring or affectiny my optwn, lien, eqvity or
? •~~ht under w by virt~e of this mortgsge ared the f~U a~-.ou~t of esth and eve?y such payment shall be immed~ately dve snd payabk snd shall bear interest
5 <<om the date thereof until paid at ra~e of n~ne per cen?um per annum ~~+d together wnh s~cfi iote~est shalt be secwed by the lien of th:t mor9NQe.
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