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HomeMy WebLinkAbout1482 i • 263388 ~ THIS INDENTURE, M~dt tM~ ~h day of ~Pt~~~= A.O. 19 73- betw~s.~ r-~ f. (tnnald g Reszel and Bvelvn K Feazel~ hi~ wi~e = of St. Lt~~Q , Couny Fiorid~, ha~in~ftN tltti9n+ted ~t ~he "MORTGAGOR." and fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a cwpaation wyu+iud ~nd ~xiuinp u~der tM lawt of tM Un~t~d Sutq of /1m~~ic~ and MvinQ iq prirxipa) pl~t~ of buumss in tM City of Fort Pi~ru. St, l~ci~ County, Florida. har~in~hN des~pnaqd ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR it iv~tly indtbt~d b th~ MORTCaAGEE in tM sum of ~ood and lewfvl mon~y of tl~e United - , State~ advanced by tM MORTGAGEE unto tM MORTGAGOR. +s avidenced by a c~ri~i~ promiuory noM of ~we? daq herwrith, oi which ~M tolfowinp in ' ~ words ~nd fiyures a• trw copY. to-wit: 10020d13 ~ t 23~~-~ ~O i , Fort PI~?c~. Flwid~, $~p~al~Z b jq ?3 ~ ~ fw valve received, 1, we w either of us, promise to pay, without defslcs~ian, to the ader ot fIRST FE~ERAI SAVINGS AND IOAN /?SSOCIATION OF ~ FORT PIERCE a1 Fort Pierce, Fluida, the sum of S 23s~~•~ wi~h inferes~ from date at the rats o18s~~96 pe~ ~nnum, in monthly install- ~ ~~ents +s follows: S 1~'~ on the _~.~~tY of L~L Q~]@r 19 73 and • like sum on tM corraspondinp day of e~cfi month therr ' aFter unlil the whole be fully paid. - Each installmcnt first shali be spplied in paYment of tF» inttrest and then a? the uopaid balance of the princ~p~l wm. If default is msde in fhs ~ paymeM of any installmeM when due, and such default continues 30 days,. then at the option of the holdcr, and without any o~hcr notice, all the remsinir?y ~ ~ lnstallments ihall be due and payable at once. Priviteye is give~ to prepay this note in wlwl~ or in puf a1 ~nY tims without pen+lty. Neither fwebtar~nte. ? ~ nor ~tteptante by tM holde~ thereof after any default in any psyments hercon, shall be deemed ex+ension. A late payme~t charge of S 9•~ shall be ? ~ added to each installme~t remaininp vnpa~d 7 days after iri due date, and + like sum shall be sdded to each such installmenl rert?aininp unp+id 7 days aftar • ~ each tucceeding paYment date. Each inaker, surety arid' cndorser he~eof; ~ointty ~ae~d seve~+lly, waives demand, presentn»eu polest and ~otiu of.protest fot rwopaymenf, and further ~ egrees fo ~ny extenswn of time of payment, either before a after maturity, without notice to any of us; and to pay all costs of mller.ion, includiny ~ reasonable attwney i fee in the event of any default herevnder, and hereby severally waives ~II benefit of homestead and exemplion unde~ the conitihrtion and I~wa of each State of the United St~te~, as sgainst this obligation w any eztenuon or renew~i nereoi. ti Witness the h~nd a~d seal of each party. s/ Rona~d B. Feasel ~?U ~ cs~?t) ~ ~,nu E ~ Bvelvn K. Reszel ls~?U ( $ 34.50 ) Stat~ Revenw ~ i (ifw~p? ~~eNeJ ~ow wi~ir~l~nole} NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of said sixn of = 23a~0•~ , and ths pcrformance of the covenanti and spreerrKnri hereinsfter expressed, and fw diva~ 9ood and valwble conslderations, by thest presents, does 9anf, barpain, seli, remise, retease, convey +rxl confirm unto the MORTGAGEE, its sutcessors and auigns, all tMt cert~in lot, pietA w parcel of land, sitwtt, lyirg, and beinp in ths Counry of St• I'~ie and State of flwida, desaibed ai fdlaws: Lot 15, Block 126, PORT ST. L[~IB S8C?ION 27, as per . LJ ~ plat thereof on f i 1e in Plat Book 14, Page S, ot the Public Records of St. Lucie County, Rlorida, , . o0 'i ~1 ~ ~ ~~~.,oF i a~rvE° .c ~r~wie~ ~ ~n.. , . _ . _ ~a+ - - - - -~n.-_ - - 4 . . ~ - ~ - ~ p~y~stW+t to ~ Port ~ K i p o STAT oF F' p R t D A 1 ~ M~ cowa, ~r. waE TAMP TA 7~ ~ ~ - DOCUMEN ARY ~ c'~ `t pfPT.OF P.EYENUf r''~ ~'i O - - ' 4.5 1 ~ _ _ = sEY~r»~~. . ~ 3 ~ - r.e. ~ 1 o ; ~~~o: ~ together with sll and s~rgvlar the tenemenn, hereditsmenri ~nd appurt~nca therevnto belaginp or in ~nywise appertaininp thereto, and ~II ~enb, issves, i pr«ecd~ snd profin accruing snd to scaue from said premises, all of wFiKfi ue included in the above ~~+d fore9oinp description and h~bendum. i ~ TO HAVE AND IQ_HQID the sbove desvibed snd granted premises unto the s~id N10RTGAGEE, in waeswn ~nd assiyos fawa. And t!w s~id zneii MORTGAGOR fa - heirs, exccuton, sdministrators and auigro, hereby toven+nn with tht said MORTGAGEE, its suaetsors +~d ~ssiy~+~. ~ rhat tbey 8~ e lawfully se~zed of the ssid prem~ass in fee srnple; thst the same are free, ck+r ~nd dixMryed from all liens and ~ ~ brances in law or in equity, and ths* they w~~~ t~1@i= ?~eirs shall warrant and defsnd th~ title to the s~mt to tM s~id ~ MORTGAGEE, its successon and augns, forever against the Iswful claims and dcmands of all perwrq; ~ . " ~ f'tf"Tftf'AAORi9A8~OR -a1raH-pt~? ~wNo-~i~r- ' ...k~ersin6efora~qsti~.l~^ -L311 hu~~.pr°i^p!~.._, and fully perform, discharge, e:etute, complete, comply with and abide by each and erery the stipulatiom, ~grcements, conditiwn and tovenants of si = promiuwy nota and of this Nlortgage, then this JNortgsge and the Estate hersby veated ihall cesse and_ be null and void- IT IS UNDERSTOOD tMt the word "Mwtgayor" whether in tFie singular or plwal ~nywl+ere k+ this Mwtgaye, shsll be siny~la~ if one only ~nd shall be plural jointly and severally if mwe 1F?~~ one, and that the word "their" as used +nywhere in Mis Matgsge shatl be taken to mesn "ha;' "hen," ~ or "its;' wherever the context w implies a admits. Also, th~t wherever thae is a reference i~ tM covenann ~~d ~yrsemenn herein oont~ined to a~y of ~ the puties hereto, the same shall be caanued to me+n u well as the heirs, le~sl representatives, successon si+d ~saiyrn (either voluntary by act of tl» xs parties or involunt~ry by operation of the law) of the same and thst the covenants herein contained shatl bind and the benefiq and ~dv~m~es inur~ ~ to tM respectivs heirs, kgal represcntatires, successon end au~gns of the psrties I~e?eto. qrd taid Mortyagexs, fo~ themselves ~nd their hein. legal representstives, tuccessors ~nd usigns, hereby jointly and teverally covenant ~nd spr~e ~ ~ ro snd witi~ the s+id MORTGAGEE, its successon and assig~s: ~ ~ 1. To pay alI ~nd sirgulu the principsl and interest a~d the vsrious and sundry sums of ma+ey p+Y+bb by vlrtve of ssid promissory note, ~nd this ~ mortgsge, each +nd every, promptly oe+ tM days respedively the sune severally bacoms due. ~ 2. To p~y all ~nd tirgulu the taxes, sssessmenri, leviei, liabilities, oblig~twns and erxvmbrances of every n+ture and kind ~ow on said dest?ibed propery, a tMt hereaher may be imposed, suffaed, pl~ced, levied, or ass~sted thereon, a that her~aher may b~ lev~ed or +sseased upon thit Mort~ ,~,v~-.' age, w~he indsbtedness secvred hereby euh and every, when due and payabk, xcordirg to law, befw~ they become delinquent, and befor~ ~Mr intKest ~ attaches or any pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE 5/1ME SHAII 6E PROMPTLY SATISFIED AND DISCHARG'cD OF ~ RECORD AND THE ORIGINiAI OFFICUL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIOM PAPER OffKlAllY ENDORSED OR CERTIFIEO) SHALI BE PLACEO IN THE HANDS OF SAID MORTGAGEE YVIiHIN TEN DA1/5 NEXT AFTER PAYMENT; ~nd in the ~vent that any tF~eof is not ~ paid, sat:afied and discharged srd MORTGAGEE rtuy •t any time pay the same a sny p~rt ehereof witi?out w~ivin~ or affettinp ~ny optan, lien, eqvity p .~w~,.'",•. •~qht under or by virtue of this mortga9e and the full amount o; each snd every wch psymN+t sMll be immediately due and payabk +nd sh~ll beu interest _ ~.om the date thereof until paid at rate of nine per cenrum per annum and topether with suth inte~est shall be secured by the lien of th:s morytape. a R 218 Fa~~481 ~ ~ eoox ` ~ r _ . _ ~ T ~ ~ ~°~~~?~~s. crr.~~"~4!+~:N~~ .Y:~ . _ .a-.~~--~~`-~. ~