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Home My WebLink About0913 . zss~ss Y . . THIS INDENTURE. Made tM 1-Qth day of July , A.D. 1973 l»tween - Paul F. Davidson, a sin9le adult ~ of .~t . Lucie , Cp~nty Florida, hereinafter designated as ~M "MORTGAGOR," and FIRST FE~ERAI SAVINGS AND LOAN ASSOCfATtON OF FORi PIERCf, • co~paatton wQ~nized ~nd exis~ing u~dN the laws of tM Un~ted S~n~s of Amarica ~~u! havinp in principal plau of buuna~ in tM City of Fwt Pie~ce, St. luci~ Cov~ty, flaida, hereinafter deiiflnatad a~ tM "MORTGAGEE:' WHEREAS Ihs MORTGAGOR is jv~tly indebt~d to 1M MORTGAGEE in the sum o( E 18 ~ 2~ good +nd lawful money of ths Un~ted States advanced by the MORTGAGEf unto ths MORiGAGOR, es sridenced by s certa~n prom~uwy no~e oi even date hcrewith, of which the iollowinp in words and (igures is a trus copy, towit: ' i~~v ~ ~~cY No 11~~~~ Fort Pieres. Florids. _-~lY ld 193~_ For value receivcd, 1, we w eithe~ of us, promise to p+y, wi~hout defalcation, to the order of FlRST FEDERAI SAVINGS AND lOAN ASSOC~ATION OF FORT PIERCE at Fo~t Pierce, florids, the sum of S 18 , 2~ • O0 w;th ;nteres~ (rom date at the rate of 8• ~°.~i per annum, in monthly ins~all- ~nenis ai iol~ows: i 141 _ on the ~th day of AuQ1lSt , Iq 73 ~nd e lika sum on the corresponding day of each month there- after yntil the who~e be fully paid. Each installment first ahall be appl~ed in payment of the interest and then on 1he uopaid balance of the principal sum. If default i~ made in ths ~,ay~nent of any instaltmen~ when due, and svch defavlt <ontinves 30 days, rhen at the opt~on of the holde~, and without any othQr notice, all the remainin~ instsllmenri shall be due and payable at once. Privilege ii given to prepsy this note in whole or in part st ~ny time withow pe~alty. Neithe~ fwebearancs, no~ acceptance by tF?e holder thereof aiter any defauh in any payments hereon, shall be deemed extension. A late payment tharpe of i! • v~ . thal) be added to exh installment remaining unpa~d 7 days after irs due date, and a ~~ke svm shall be added to each such inatallment remaini~g unpeid 7 days after each iucceeding p~ymer+t date. Each maker, surety and endwser hereof, joimly and severally, waives dema~d, p~ese~tment protest and notice ot protest fot nonpaymenf, and funher agrees to any exteniwn of time of payment, either befor~ or aiter maturiry, without rtofice to any of us; nnd to pay all costa oi collectio~, including a reaaonable atiwney's fee in the event of any-default hereunder, and hereby severally waives all benefit of homeslead a~d exemption under 1F?e tonstitutan and laws of each State of tlu: U~ited States, as against this obligation o~ any extension or renewat txreo~. Witness the hand and seal of each party. S/ Paul F. Davidson ~sE,u~ a sin9le adult tsEwu ~ • ~ ) State Revenve ~mps=a~wl~s~~r1~7~ ~tA!} NOW, TNEREFORE, the MORTGAGOR for the purpose of secvring psyment of said sum of S 18 ~ 2~ ,~nd the performance of ths covensnts and s9reemenes here~naiter expressed, a~d fo~ divers good and valuable considerations, by these p?eunts, does yrant, beryain, sel1, ~emiu, release, convey snd confirm unto the MORTGAGEE, its tvctessws end auigns, sll thal ctrtain bt, piece or putel of land, tituate, lying, ~nd being in ths County of St . Lueie , snd State of Florida, deuribed iollows: Apartment I-203, Commodore I, Colonnades Condomi~ium ~7,~ according to the Declaration of Condominiua recorded in O. R. Book 211 at page 6 of the Public Records of St. Lucie County, Rlorida. TOGBTHfiR WITH ALL appurteaances thereto together v?ith an undivided interest in the common elements and the limited common elements thereof. SUBJECT 20 the terms, covenants, agreements, obligations and provisians of said Declaration of Condominium which Mortgagor.in all things does covenant to Mortgagee faithfully to observe and perform. a ~ STAT~ ~F FLORlDA ~ ~~Z DOCUMENTARY. ,/-x:.;~ S7AMP i A X ~ ~ ,~/dr ~N ~ TAxEs ~ DFPT.OF REYENUE f= ``.s; _ - ~ ~ J 1 a~ oN cws •r ~r~;~rcciee~ ~:~,~i+u PaoP~n ~ - - Pe. = ,..i Is`l3 ~ ~ 2 T. 3 01 ~u~ m ~t~z ~as oF iy~i. ' . p - „~oz ~ Roc~ Po~rr+~ G.Ewc cu~ata oouet, sr ~.uc~f o04 fu ; ~ i together with sll and singulsr the tenements, hcredibments and appurtancea tFKreunto belonging w in anywise ~pperfaining therefo, ant! all renta, issues, i proceedt sr+d profits sccruing end to acc?ue from said premises, all of which are included in the above sr.d foregoing descriptwn and h~bendum. TO HAVE AMD TO HOID the above destribed and gr~nted premises unto the said MORTGAGEE, its suctes~ws ~nd sssigns forever. Md the said - MORTGAGOR for hl S Fxus, executori, sdministrator• and assigns, hereby covenaMS with the said MORTGAGEE, its wtteswn and ~uip% ~ ~hat - he~--- lawfully xi:ed of the said premisas in fee simple; that the ssme sre free, ckar and dixharyed from all 1'~ens and ~r?cum- brances in law or i~ equity, ~nd that he n,i11 and h1S heirs shall wsrrant and defend tIx titte to the ssme te the ~ld MORTGAGEE, its sutcessors and assigns, fwever against the lawful claims and demands of all persons; ' PROVIpEO, ALWAYS that if rhe MORTGAGOR sha!! pay unfo the MORTGAGEE the promissory note hereinbefore desvibld and sMil truly, promptly end fully perfo~m, d~xharge, execute, comptete, comply with and abide by each and every the stipulaiani, eg.eements, conditions a~d tovenanb of aid prom~ssory note and of this Mortgsge, tfien thit Mwtgsge snd the Estete hereby crested shall cease and be null ~nd wid. IT IS UNDERSTOOD that the word "Mortgagor" whethe~ in the singular a plural snywlxre in this Ahortgsye, shsll be si~yula~ if one only e° ~ shsll be plural jointly ~nd sever~lly if more than one, and that the word "their" as used anywhere in this Mong~ge shall be tsken to mea~ "his:• •'he?t•, ~ o~ "its;' whe+ever the context to implies w admits. Also, that wherever tberc is s reference in the covenann aod agaeemcnts herein cont~incd to ~ny of ~ the parties hereto, the sams shall be construed to mean as well ~s fhe heirs, tegal representatives, sutcessors and s~sigru (either voluntary by ut of the pertiq w involu~tary by operation of the Iaw) of the same and thst the covenants herein contained shall bind ~nd tMe benefits and sdvantaQts Irw~t fo thc respective hews, tegal representatives, succestors and au~gns of the p~rties hereta. And siid Mortgagors, for themutves and fheir Froirs, legal representatives, succesw?s and sugns, hereby joiMly and severally covensnt •nd ~yree i ~o snd witb the uid MORTGAGEE, its svccessors ~nd assigns: 1. To p+y all ~nd sing~lar the principal and interest and the vario~s and sundry wms of money psyable by virtue oi said promisswy note, and tl~i~ mwtgsge, each a~d every, promptly on the days respeaively the same seve?ally become due. 2. To pay •N ~nd sirgulu the taxes, assessments, levies, liabiiities, obligations snd encwnbrances of every nature +nd kind now on said dewibed property, a thal hereafter may be imposed, suffered, placed, levied, or auessed thereon, or th+t hereafter may be levied w asseued upon this Mort¢ age, w the indebtedness sccured hercby, each ~nd every, when due ~nd payable, accwding to law, before they become delinquent, and befwe any interest attaches or sny penalty is ir.tu?rcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND UISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REtE1P1 OR Tf1E SATISFACTION PAPER OFF1ClALlY ENDORSED OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER pAYMENT; and in tiie evem that any 1F~creof is not paid, sat'sfied and d~scharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without wsiving a affecting any option, tien, eqvity a •~qhr unde~ or by virtue of this morrgage a~d the (uil amovnt of each and every such payment sh~ll be immediately due and payable and shall bear interai ~~om the date thereof until paid at ra~e of n~ne per centum per annum and together w~th auch interest shal bt s ured by the lien of th:s morytaye. Sa~~t~l~ "aGf ~~3 _ : : _ ~ ~ . _ ~