HomeMy WebLinkAbout1406 259111
THIS INOENTURE, M~h t~ I2~_ day of 'JuZy A.D. 19_?3 betwten
Casl L. Sauer* Js. and Barbara L. Sauer, his wif e
of St • L~1Cie 4~ Cpy~~y flwida. Ittr~+rtaftp dttipnatsd ~1s IM i"MO(fTG~CaO~.I' anEl FIRST FEDERAL SAVINGS AND IOAN '
ASSOCIATION OF FORT PIFRCE. a cwporalion or~a~i:~d ~nd ~xi~~inq v~ IM laws of tk~' UniNd Stata 'oi ~Am~riu ~nd Mvinp in principal pt~c~ of {
buiine~t tn tF» City of Fwl PiKC~. St. luci~ Couoty. Fbrida. Mrsinatter d~sipn~t~d a~Iw "MORTGAGEf." .
WHEREAS th~ MORTGAGOR h justly (~dsbt~d to th~ MORTGAGEf In tM ~um of ~ 3017~~~ + , 9ood and I~wful money of 1M Un~ted
Stat*s adv~nced by ths MORTGAGEE unto 1M MORTGAGOR, as ~videncud by • c~rtain promjuory not~ of evse~ d~t~ htrewith, of which the iollowinp in
wadi ~~d fiyuni is • trw copy, ~owit:
~ 30~700.QQ ~ 1002~181
~ r~..~.. Fb.w+. Juiv 12. ~v
For value recaived, 1, we w either of vs, promise to pay, wi~hout defaltstio~, to the order of FIRST FEDERA< SAVINGS ANO.IOAN ASSOCIA110N OF
FORi PIERCE at Fon Pierce, Florid~, the sum of = 7~ ~O0 with interest from date at the r~te of 8
i~ % pK an~um; in monthly instat6
ment~ as fotlows: Z 237•~ on ~he 2Ot~l+y of Au~~t ~ 1973 and • like wm on the correspondirg day of each month therr
efter until the whole b~ fully paid.
Each installment fint shall ba applied in paymenf of ~M interest snd the~ on ths u~paid batu?ce of 1M }xincip~l svm. If default ts made ln the
payment of any inatallment whee~ dus, and such default continues 30 days, then ~t the opYqn of ths holder, ~nd witFw~t any other notice. all the r~maininp
~naiallmenta sMll be due and payable at once. Privil~ge ia yiven to prepay thw note in whole ot in p~rt at any tims withovf psnaity. Pkither forebsar~nce,
no~ aaeptance by ~he holder thereof sfta any defa~lt in any p+yments hereon, shsll be deemed extension. A late payment charge of ~ 11 ~ 8S , shall bs
added to each in~tallmcnt remaining unpaid ) days after its due date, snd a like sum shall be added to each such installment remaining unpsid 7 days after
each wtteedi~?g paymeN date. ' '
Each maker, surety and endorur hereof, jointiy and teve~ally, w~ivei dcmand, presentment protest snd rorice of protest for nonpaymmt, and further
ag?ets to sny exteMion of time of payment, eitiKr before or aher maturity, without notice to any of us; and to pay all costs of tollection, incl„dirg •
reasonable sttwney i fce Gn ii~e event of any default he~ev~der, snd hereby severally wsives all benefit o} homes~ead and exemptio~ under the c~wutifutioo
and taws of each State of the United States, as against thia obtigarion or any extens;on d renewsl hereof.
Witneu the hsnd and uel of each pa?ty. • .
. lS~aU
s/ Carl L. Sauer. Jr. ~,u
(5~?U
$46.05 S/ ~z~ra L: Sauer ~
( a State Revenua
~~~lld.warioioal ~t~1 .
NOW, THEREFORE, tFro MORTGAGOR fot ths ~wrpose of :ecvring payment of ssid wm of ; 7~~~ and the perfortna~ce of tl+~
covenants ~nd apreementi hereinafter expreascd, and fw divers pood and v~lwble cansiderationa, by the~s presents, does grant, barpain, sell, remise,
reicase, tor~wy snd confirm ~nto the MORTGAGEE, its suueuors ~nd aui~ns, ~II that certai~ bt, piece or pvicel of land, situste, lying, end b~ing i~ ihe
c«mty of St. i.,ucie ..nd st.:. of Fb:~d., de~«lbea tdlow.:
Lot 6, B1oCk S~ ORANGE BI~OSSOM ESTATES, SECOND ADDITYON,
SECON PLAT, as per plat thereof on file in Plat E3ook 16~
page 14, Public Records of St. Lucie County, Florida.
' STATE oF FLORiDA ~
i ~b " OOCUMENTARY ~=~STAMP ZAa ~ 4
i c~ DfPT.Of REYENVE ~A', .s ! - 1!1 P1IYIIIFM OF TA~
DlE QN ClASS 'C !llTAN61BlE PER90WIL PROPERIY,
f z~ v - - o
, - ~~•7~ = j. ~ 4 6. 0 5~ ~ucswwt ro au~~ ~i•i~. Nas oF iy~i
~ _ Ps. - i ROGER POtTRAS ~l~g
~ o = 11 ~42 •
CLFRK ~•IItWLT ~OURT. ST. L~CIE Ca~ F1A.
,
~i
E
¢ rogether wifh alt snd singuiar t!?s ter?emenb, hereditamenn and appurtances thereunto belonginy a in uiywiss ~ppertaining therefo, ~nd ~II ~enn, iuues,
~ proceeds ~nd profia xauing snd to accrve from said premises, sll of which are includee! in the abov~ and fors~oirg description and habendum.
s TO HAVE AND IO HOID the above dewibed and gwnted premiaes unto the s~id MORTGAGEE, its tuaetson ~nd assgru for~var. Md tiw siid
~ MORTGAGOR for their ~;n, executon, sdministraton and a~sigm, hereby caveninn with the said MORTGAGEE, its successws and auiyns, _ ,
~ ~hat theV dxP. ~awfulty seized of the said premises in fee simple; that the isms art free, clear and dischar~ed from all liens and ~newtl~
? brsnc~ in law or in equity, and thst th~ will and th i' hein shall warranf and defend the titk to the same to tM s~W
~ MORTGAGEE, svccessors and ~uigns, fwever agsinst the lawfut cla'uns and demands of ~It persons;
a
' PROVIOED, AlWAYS th~t if the MURTGAGOR shall
p+y vnto the MORTGAGEE the promissory note hsr~inbefw~ described and shall truly, promptly
- and fully perform, d~scF?srge, execute, compkte, comply wirh and ~bide by eact? and every the stipularions, agreemen», conditiwn and covenann of said
f promisspy ~ote and of thi~ Matga9e, the~ thls Mortgage snd the Est~te hereby ueated ~hall cease +nd be ~wll aod void.
IT IS UNDERSTOOD fhat the wwd "Mortgsg~x" whether in the singular or plwal anywhen in lhis Mwtgape. ~hall be sinpulu if one only ~nd
shall be plwal jointly and ieverally if more tMn one, u?d that the word "their' ~s used snywhere in th» Mortysye shall be taken tq mean "his,•• •'hen••
; or ••its," wherever the contear so impliea a admits. Alw, that whereva there is ~ reference in rhe covenann •nd ayreemenn herein comi~ed to any of
rhe pari~es hereto, the same shall be constroed to me~n ~s well as the hein, kyal representatives, succ~swrs a~d auiy~s (either .voluntary by ~c1 of tM
parties a involuntary by operation of the iswj of the isme and thst the covensnb herein conlained tha11 bind and the benefits and adva~fapas i~wx~
' to the respectire heirs, kgal rapresentativa, wctesson u?d ass'yns of the parties hereto.
s
Md said Mortgagon, for themselves snd their hein, legsl represent~tives, succestors ard auiyru, hereby jointly and. sever~lly covenu~t ~nd apr~e
~ to and with the s~id MORTGAGEE, its svccessors and assiyns:
1. To pay all snd singuts~ tfk principal a~d interest a~d the wriou~ and wndry sums of monsy p~Y~bk by vinue of ssid promiuory ~wte, snd this
4 mort~~ge, esch ~nd every, promptly on the days respectirely tl~e s~me sevsr~lty becort~e due.
; 2. To p~y all ~nd sinyulu the laxes, assessrncnri, levies, liabilities, obligaYwns and encumbrances d every nature and kind ~ow on said described
properry, w that he~eafter may be imposed, suffered, pSaced, kvied, a ~sse~sed thereon, or th~~ hereabe~ ~ay be levied w u~essed irpon this Mort9-
age, a the indebtedness secured F~ereby, e+ch sr?d every, when dw and p~yable, acco?dirg to bw, b~fae they become delinqvent, ~nd befort any interest
~ attaches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RECORD ?HE SAME SHAII BE PROMPTLY SATISftED AND DISCHARGED Of
- RECORD AN~ THE ORIGIfYAL OfFIG1Al DOCUMfNT (SUCH AS, fOR INSTAIVCE, THE TAX RECEIPT OR THE SA?ISFAC710N PAPER OFFICIAIIY ENDORSED
_ OR CERTIfIED) SMAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd i~ the eveM that ~~y theteof is not
pa~d, ut'sfied ~nd discharged sa:d MORTGAGEE msy at any time p~y tlx aame a any part thereof wirhovt waivinQ a affectirg ar~y option, lien, eqvity or
•~qht under o? by virtue of this mortgage and the fvll amwrnt of esch and every iuch payment shall be "wrxnediately due and payable and shsll btar i~terest
s•om the date thereof until psid at rate of ni~e per tentum per annum ~~d toyether wi1F~ ivch i~ternt sF~+ll be setured by the lie~ of th:• morgtape. ~
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