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Home My WebLink About1543 . 2~9195 THIS INDENTURE, Mad~ the 13th day of `July , A.D. 19 73 betw~ Karl I.arason and Vi1ma~Lassson. his ife of St• LuCie County flo?id~, hsrei~ftN deii9nated sf tM "MORTGAGOR," and fIRST FEDERAI SAVINGS AND IOAN ASSpCIAT10N OF fORT PIERCE, a cwpaation o~ya~i:ed and exiscin9 under tM laws ot ths U~~t~d Stat~s of Ameriu ~nd Mving its principai pl~u of busin~u io tM City of Fort Pi~u, St. l~ci~ Counry, Florida, hcreinafter de:ipnated a~ fM "MORTGAGEE." WHEREAS tM MORTGAGOR is justJy indabt~d to MORTGAGEE in ths sum of 3 - good and lawful mon~y uf tM Un~ted Seatei advanced by ths MURiGAGEE unto ths MORTGAGOR, as evide~ced by + certain promiuory ~+o1e of even date herewith, of which the followinp In ; i or~~nd Jiou~9}„js • true coPY. lo-wit: ~ 1~i~018~ ~DOO~W fort Pi~rce. Fbrida, JuYY l~ 19..Z.~_ Fo~ valve ~rceived, 1, we w either of us, promise to pay, without defalcatian, to the order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIAiION OF FORT PIERCE al Fort1Pierce, Flwid~, the sum of j 20~~~~00 w;th intereu from date at the rate of 8~2~ pe~ annum, in monthly install- ~ mentf ~f ~OI!Ow1: _+71~~ pn the ~th day of Au~$t ~ 1973 and • like sum on the correspond~rg day of each moMl~ therr ` i after until the whole bc fulty paid- Each installment fi.st shall be apptied in payment of the inteicst and fhen on ths unpaid balance of the principal ium. If default is made In the payme~t of any installment when due, and such defavlt co~rinues 30 days, then et the option of the hoider, and without any other notice, all the remaining ~nstallments shall be due and payable at once. P~ivilepe is givcn to prepay Ihis nofe in whofe or irt part af aey t7me without penatty. Neither (aebear~Mt, ~or acceptance by the holder tF+ereof after any defsult in any payments hereon, ~hall be deemed extens~on_ A late payment charge of S 8~ 5S shall be 3dded to each installment remain~ng ~npa~d 7 days after its due date, and a like sum ahall be added to each such installrrKOt remaining unpaid 7 days after each iuccc~eding pa~ment date. Each maker, surety and endaser hereof, janlly sr+d severaity, waives dcmand, presentment protest and notice of proteat fw nonpayme~t, ind iurther agrees to any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all costs of colledion, including s rcysonable attorney's fec in the event of any default herevnder, and hereby severslly waives all benefit of homestead and exemption under !he tonslitufion and laws of each Sta~e of the United Srares, as against this obligniion or any extenaion or renewat hereof. Wit~ess the hand and sea! of each party. cs~?u s/ Karl Larsson ~q . csewU s/ Vilma Larsson ~ c st.ro ae~t~~ ts...~..wws~ «.«ywi +«e~ NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of said sum of s 20~~~~~ ~ and the performerrce of ths covenants and agreementa hereinatte~ expressed, and fw divers good and valuabls considerations, by iMse presents, does granf, bar~ain, sell, remiae, releasa, convey ~nd toniirm unto the MORTGAGEE, its tuccessors and suignt, sll thst certain bt, piece or parce) of Iand, situ~te, lying, and being in ihe County of St. I,ucie ~ Stat~ of Fb?ida, described as follows: Froa the Nozth~rest corner of the NE~ of the SW'~ of SeCtion 26~ Tamahip 35 South; Range 40 East, run Sauth ~20,5 feet for point of beginning; thence con- tirrue South I57.03 feet; tbence turn and run East 2900 feet more or less to the Indian River; the~ce run Nozthn~esterly 1~0.92 feet, a~re oz less to a point on the bank of the Indian River 157 feet North measured at right angle froo the East and West 2ine atoresaid; thence turn and run Weat 28~0 feet, a~nre or less, ta the point of beginriing; EXCEPTING theze- froa the North 70 feet of the East 300 feet thereof; and also e~ocepting all right of ~ray of the Florida East Coast Railway. TogetheY with ziparian rights. N. ~ STATE o~ F~ORtDA 1 , o ~OC~NTARY„~;~STAMP IAa~ U ~NpAVtiE~~~~~ y~ N OEPI.OF REVEkuE . /L, - = P~. _ ~3 ~ . ~ 3 0 0 ! ~ ~ rj.C N~AN6181~~ER~ ~ 191L ; o ~ i i, oz I ' ' • ~ 1 ~o,, cit?~ ` ,~a~'?. ~ ~ ~~Ift ~ ~ER~ S~~ W. M' i l701) ~ p~p1( C1~ ~ ~ together with atl and singular the tenements, he?editaments snd sppvrt+nces thereunto belonging or i~ anywise apperNining thereto, and all renn, iuues, ~ proceeds snd profits acuuing and to acaue from said p?emises, all of whicfi are included in 1M above u+d fut9oing descriptio~ and haberrdum. ~ TO HAVE AND TO HOID the above dewibed and gr~nted premises unto the said MORTGAGEE, in svccessws and ~uig~ fw~ver. Md tFK s~id ~ their ' MORTGAGOR fw - heirs, exetutora, administntots snd assigns, hereby toveninri with tl~e said MORIGAGFE, its wuesfots ~nd ~stiyro, ` tl1 dI@ y prcm~ses in fee sim fe; tlut the same are f?ee, clear and diuhar ; ~hat - lawfull xized of tFie uid p ged from sll I'~ens ~nd encvnr ' brances in law o? in equity, and that th~ wi11 and their „„~rrant and defend the title to the s~ms to tt~e said ~ MORiGAGEE, its s~cceuws and auigns, fwever against the lawful claims and demsnds of +11 persaa; PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefore described and shslt truty, promptly and fully pcrform, d~xharge, execute, compkte, compty with and a6ide by each and every the stFpuls?ions, iyreemenri, conditio~t and covenants of said prom;sso?y note and oi this Mortgage, t}xn this Mortgage a~ the Estate hereby ue~ted shall uase and be nvll and void. ' IT IS UNDERSTOOD that the wwd "Mort ' whether in the si ular or 9agor' ng plural anywhere in this Mwtg~ge, shsll be siogulrr if one only and ~ shall be plura) jointly end severally if more than one, and that the word "fF~eir' as used snywhere in Ihis Mortqage ihal! be taken to mean "his;' "hers," ~ or "irs;' wherever the confext ~o implies p admits. Alw, fhat wherever there is • reference in ti?e coven~nb ~nd ayreements herein cont~ined to any of the parties hereto, the same ahall be co~strued w mesn as well ss the heirs, legal rtpreseniatives, successas and assigm (either volunpry by acf of th~ parties or involu~tary by operation of tl+e law) of the same and that the covenants herein contained shall bind ~nd the benefib and adv~nt~gp inur~ ~ ro the retpective he~rs, kgal representatives, succeuors and su~gns of the parties hereto. ~ And iaid N~wtgsgors, for themxlves and thei~ hein, legsl representatives, succeuort and auiyns, hereby jointly and uvera(iy covenant and sgree ro and with the said MORTGAGEE, its iuccessors ~nd assigns: 1. To pay alt and singvlar the principal a~d interest and the various and sundry swns of money payable by vi~tue of said promissory note, snd this i mortgage, each and every, promptly on tha days respectively tF~e same severally become dve. 2. To pay •II ~nd singvlar the taxes, sssessments, levies, liabilities, obligations and encwnlx~nces of every nature and kind now a? said described _ prope.ty, o~ th~t hereafter may be imEwsed, sufiered. Ptaced. levied. or asussed thereon, or tFut htreaher may be levied a auessed upon thia Mat~ age, a the indebtedness secured hereby, euh and every, when due and p~yable, accwdinp to law, btfore they become delinqueM, ~nd befon ~ny int~reit attaches w any penalty is inturred; ANQ INSOFAR AS ANY THEREOF IS OF RKORD THE 5/lME SHACL 8E ?ROMPTLY SATISFIED AND DlSCHARGfD OF RECORD ANO THE OR1GIhAl OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE 'TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIAILY ENDORSED ~ OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAYMENT; and in the event that ~ny thereof is not pa~d, saYSfied and discharged sa:d MORTGAGEE may at any t~me pay ~he iame or any psrt thereof witFaut waiving or affecting any optao, lien, equity d •~qht unde~ w by virtue of this mortgage and the full amou~t of each and every tuch payment shatl be immediately due snd payable and shall bear interest ~ ~~om the date thereoi until paid at rate of n~ne per centum per annvm and toyether w'Ah such interest Mlt be secured by the lien of th:f mo~9t~ye. ` ~fl~ ~1~ ~sr_.~ _ _ . = - - _~H