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HomeMy WebLinkAbout1654 ! . ~ ` tHIS INOENTURE, M.d. ~h. lOth d,y ot July A.D. 19_Z.3.-, batween Louis 1.. Rleischer and Ruth 6. Rleischer. his wite of St .~+UCi@ CovMy Fbrida. l+sreinaitu d~~i9nated ss tM "MORTGAGOR;' ~ri~' FIRS? FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corppr~lion wy~ni:ed and existinp uadK tM laws of 1M United Sta~a of /4neric~ ~r?d Mvinp its principal place of busiMSS io t!w City of Fw1 PiNCe, St. luci~ Covnty, fbrlda, h~r~inaf~N d~sipnatsd as tM "MORiGAGEE." WHEREAS th~ MORTGAGOR is j~sti mdtbt~d b tM MORTGAGEE in tM sum of ; 24 ~ 7~ • Q~ Y~ good ~nd lawfvl money of the Un~ted Srates advanced by tM MORTGAGEE unto tM MORTGAGOR, ~s evidenced by ~ certain promissory note of even date herewith, of which th~ (ollowinp in .vordi and figurq is a trw topY. fowih = 24,700.00 1002016~ ~o~+ P~«e. Fbrida. July 10 ~y 73 Fw value received, 1, we a either of us, promiss to pay, without defalcarion. to the order of FIRST FE~EQAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fwt Pierce, florida, the svm of S 24 ~ 7~0. ~0 with inte~est trom date at the rate of 8•~',o per an~um, io monthly i~s~all. ~J mems as follows: = 191 .0~ p~ 20th d~y a{ October ~q 73 a lik~ sum on Ihe correspohdir?p day of each monlh there- after untif the whole be fulty pa~d, ,D Fach insrallment first sAall be applied ie payment of the iMerest ~nd then on the unpaid bal~nce of the p?incipd sum. If default is made I~ 1hs paymenl of any installment when dua, and such default continues 30 days, then at the option of the holder, and withovt any other notice, all the rcmaining ~ ~~s~allmcnts shatl be due and payable at o~:e. Privilaye is given to prepay thi~ ewte in whol~ w in ps~t at ~ny t~me without per?~Ity. Neither forebearuxe, ~ nor acceptance by the Iwldtr thereof after any default in any payments hereon, ahall be deemed extension. A lste payment charge of s 9! ~55 thall be ~ added to each installment remaining unpaid 7 days after ih du~ date, and a like wm shall be added to each iuch ins~allment remaining unpaid 7 days aftet each svtteeding paymeM date. ` Each maker, surety ancl endorser hereof, jointly and seve~alty, waives demand, p~esen?ment proteat and notice of protest fw nonpayment, and furtFxr agrees to sny extension of time of paymenl, either befo~e w after maturity, witha:t notice to any of us; a~d to pay all costs of collectio~, induding a ~ reasonable attorney'a fee in the event of a~y default hereu~der, snd hereby severalty waives all benefit of homestead and exemption under 1he constitution . a~d laws of each State of 1he United States, as against this oblig~tion p any extertsion a rcnewal hcreof. Wi~ness the hand and seal of each party. ~ ~ ~ s/ uis L. Fieisc er ~~~y ~ AL) ~ s h B. F eischer ~ ~ ~ 37.05 ) State Revcnue K~«*P~ ~a~M1ler~w ~iginsl- ~we) u NOW, THEREFORE, the MORTGAGOR fw the purpose of securing p~yment of ssid sum of = 2,~7(iQ.[)[) , ~ad t!a performancs of tM ` covtnantf and agreemenfs hereinafter e~preued, and fw divers good and valwble considerations, by these presents, .does grant, baryain, sell, remise, retease, con~ey artd confirm unto the MORTGAGEE, ib s~ccesaors and assig~s, •II thst certain bt, piec~ u pucel of land, aituate, Iying, snd beiny in ths Couny of St. Lueie and State of Fbrida, dewibad ~a follow~: ' Lot 27, Block 94, PORT ST. I,UCIB SCsCTION 27, as per plat thereof on file in Plat Book 14, Pages 5, 5A thru 5I ~ Public Records of St. Lucie County, Florida ' / ~ ~ATE o~ ~ S~RPpA ~ DO~= ENTARY~;~?, i 02 ° Of PT_ Of REYEN17f ti~~! O 5~ z~ an ,;,.L ~S'73 ~ i' ' ~ a? ~ : ~ r ~ f.~. ~ - = tt?~? 0 ~ O 1N PAYl~E~ Of tAXE~ GIBIE ~`'~'~L PRU~~~ RECEIV'FD P.. ' • - - - WE ON CIA~'~~ INtA[t g ~F lyll. . ~~t 10 q{~pTER 71-134. ~ ppl7fiAS `E ~ CLFRK W~~ ~7, ST. ~ ` togrtM~er with ~II and singulsr the tenements, hereditsmenh ~od sppvrt+nces thercunto belaging p in anywiie ~ppertaining theteto, and all rents, iuues, proteeds and profib acuuing snd lo accrue from said p?emises, all of which are i~cluded in Ihe ~bove snd foregarg description and habendum. ; TO HAVE AND TO HOlO the above described and granted premiaes unto the said MORTGAGEE, its suaesson and auiQns faevsr. And !h~ safd MORTGAGOR fw ~lr - hein, executors, admini:frafors and assigns, hereby tovenanfa with the said MORTGAGEE, its s~xtessors and auipeu, rhar ~]4-~-iZ+Q-- lawfully seized of tAe w;d prem;ses in fes simptr, thst the same are free, ckar ~nd d'~xh~rged from atl liens and encwrr brances in faw a in equ;ty, and thst they r,,;~~ a~ their F?ein shsll w~rr~nt and defend the title to the sam~ to tM said ; M,ORTGAGEE, ib successors and suigns, fwever ~gainst the lawful tlairtn snd dem~ods of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory rqte hereinFxfwe destribed u~d shaH truly, promptly and fvlty perform, d~scharge, execute, complete, canply with snd sb~de by each and every the stipulations, ~reemenn, conditions and covenants of said promessay note snd of this Mortgage, the~ fhis Mortgsge ar?d the btate hereby aeated shall cease and be nul) snd void. ~ < IT IS UNDERSTOOD tMt the wwd "Mortgagor" whethd in the tingular or plural anywhere in this Mortg~ge, shall be iingulu if one only and shall be plursl jointty ~nd sevKalFy if more than one, snd that the wud "theN' as used anywhere in th~s Mort9age shall be tsker? to me~n "his," "hen;' ' or "its," wherever the context w implies w admits. Alao, th~t wherever there is ~ reference in the toven~nri and aprsements herein contsined to any o~ the parties hereto, the tame shall be to~strved to mesn as well ss tF~e Froirs, leg~l representstives, uxcesson and assigro (aitFxr voluntary by act of tlk - parries w inroluntary by operatiw? of the law) of thc same and that the coven~ntt herein contained shsll bind ~nd the benefin and ~dvantages in~r~ ; to the respectivs heirs, kgal representatives, successors and ~ss~gns of the psrties hereto. „Q Md uid Mort 4 gagors, for themselves and lheir hein, legal representafives, wcussors a~d auigra, hereby jointly ~nd severally covenant ~~d aqree ro and with the iaid MOR7GAGfF, its successors and auigns: 1. To pay •II and si~?gul~r the principal and iMerest snd the variovs and svndry sums of moneY paYable by virtue of said promiuory note, and this mortga9e, eacF~ ~nd every, prompNy on the dsys respectively tix same severaEly become due. 2. To pay all a~d singul~r the tsxes, assesunents, levies, liabilir'~a, obligatia+s and encumbrances of every narure ~nd kind now on uid described rxd ~ property, or that hereaftei maY be impo~ed, suffercd. Plxed, levied, w assessed therew~. or that heresftet may be levied or assrased upo~ tl~is µprt~. age, or the indebtedneu secvred hereby e~ch and every, when due and payable, accordinp ro law, before they becoms delinquent, ~nd befwe ~ny inreres~ arraches w iny penafty is iecurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SA/Y1F SHAII 8E PROMPiIY SATISFIED AND DISCMARGED OF RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISfACTION PI~PER OFfIC1AllY ENDORSEO OR CERTIFfEO) SHAII BE PLACED IN THE HANDS OF SAiD MORTGAGEE WITHIN TEN DAYS NEXT AfTER ~AYMENi; a~d in the event that any thereof y not pa~d, sat'sfied and diuharged sa:d MORTGAGEE may ~t any time pay the same a sny part thereof without waiving or affectiny s~y optan, lien, equity a •~qht under w by virtue of this mwtgage and the full amovnt of csch and every ivch payme~t shall be immediately due and payabk snd shall bear interes~ ~.om the date thereof untii psid st rate of nine per centum pe~ ~n~um and toyether with ~uch inte~est shsll be secured by the lien of th:t motgtage. ~ ~ k. r ~ ~Y ~ E ~ ~ t ~ ~ ~ r - ' ~ _ . : `