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Home My WebLink About0204 . 264538 . ~ THIS INDENTURE, Msd~ the 1'7th day of September A.o, ~973 between 6dward R. Langel and Jean H. Langel a/k/a ~ June H. Lanc~el , his wife. _ of St . L-LC? E ~ Cpunfy Florid+, Mreinafter de~gnated ai the "MORTGAGOR; ~nd fIRST FEOERAL SAVINGS AND LOAN ASSpC1ATiON Of FORT PIERCE, a to~porat~on wgani:ed a~d exiitiny under Ihe laws of 1M United St~t~s of Americ~ ~nd havinp iri ptinclpai pl~ce of busin~ss in 1M Ciry of fat Pi~res, St. lucie County, Fiwida, hereinafte~ ds~ignsted as the~ "MORTGAGEE:' WHfREAS tM MORTGAGOR ii jvitly indebted to the MORTGAGfE in the sum of : 32 ~ OOO.OQ good and lawful money ot ths Un~ted Statet adranced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissay no~e of even date he~ewith, oi which the (olbwin~ in worcb and fi9urea is ~ frue coPY, to-wii: z 32,000.00 ~Q11000161 ~ Fort PIe?cs, Flwida, ~Ptember 1/~ ~~3 ~ fa value rece;vFd, 1, we or either of us, prom~to A~„~+vithr~ut defalcation, to the orde~ of FIRST FEOERAt S/~V.NOGS AND LOAN ASSOCIATION OP s FORT PIERCE at Fort Pierce Florida, the sum of j_ f VllV . UU W~~h interest from date st the rate of 9 % par annum, in monthly inslalb t ~nents ss folloWS: S- 28~ on the 2Othd+y of ~Cember ~q 73_ and a like sum on the cwrespond~ng day of each month there- ~ afte~ until the whole be fully paid. Each inslallment first shail 6e applied in payment of the interest and then u? the unpaid balance of the prit~t~pal sum. If default is made in the payment of any installment when due, a~d such default continues 30 days, the~ a1 the opt~on of the holder, and without any other ~ot~ce, all the remain~ng ~nstallments shall be due and payable at once. Privilege is g~ven to prepay this note in whole or in part at any time without pen~lty. NeitAer faebearante, nor acceptance by the holder thereof a(ter any default in any payments hereon, shall be deemed extension. A late payment charge of S 34=.~shall be ~dded to each installment rernaining unpa~d 7 days a(ter its due date, and a like sum shall be added to each such installrrent ~emaining unpeid 7 days atter ea:h sutceeding paymenl date. ~ Eath maker, surety aod endwser he~eof, joinlly and severally, waives demand, presentment protest and notice of arotest for nonpayr. _nt, ano futthe~ agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay ell costs of colfectiqn, irtd.~d~ng a reasonable attorney's fee in the event of any default hereunder, snd hereby severally waives all benefit of homestead a~d exemp~~on under !he m~::ti~ution and laws of each State of the Unired States, as against this obligation or any eatension or renews{ hereof. Witness the hand and seal of each party. S/ Edward R. Lan, gel ~Aq . cs~+q S/ Jean H. Lanqel a/k/a $48.00 ' ~ June N. Lanc~el ~ ( ~ Stste Revenue X i1Q?C NO:ti THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of ssid sum of = 32 , O00 • and the performance of ths covenants snd agreements hereinafter expressed, and for divers good and valuable consideratiau, by these presents, does grant, bargain, sell, remise, release, tonv~ytand ~ufClento the MORTGAGEE, its successors and auigns, all that certain lot, piece or partel of (and, situate, lying, and being in ths County of ~ and State of Flor~da, dewi6ed +s follaws: i The South one-half of the North ten (10 acres of the West one-half of the F ~'est one-half of the NE 4 of Section 7, Tav nship 35 South, Range 39 E, St . Lucie County, Florida. LESS rights of way for drainage_canals and subject to easements of record. Together with a right of way easement comprising the West 20 feet of the West one-half of the West one-half of the NE a of Section 7, Township 35S, j Range 395, St. Lucie County, Rlorida, for ingress and egress. I i f ~yod ~ . S TAT E F L O R! D A ~ - IN PAYMfM OF T111~ i ~ DOCtJMENtAitYe~~::~ S T, y M P T A ~ ~ Q E C f 1 Y k~ pf~p,`a~ o I O P E~ t r 1. ~ ~.z J- • t p0E ON C111SS'~" {NTAtIC1ElE ~ c-+ 0£Pi, Uf REYENUE ~ ~~T TO C~ER ~~.1~~ QF li/ l. ~ t~ ~ n ~ ~ ~ ~ X~Zj~7J e" . ~ • 's ~ T V• O O ' RVOER fV~~C ; . ~ ~ = III02 ~ a~ GRCt1IT CpURT, ST. 111C1E 00, Fu ? - o p ~ ~ ~ ~ ~ § v ~ ~ rogether with all and singular the ter+emeroi, hereditamenri and appurtances thereunto belonging or in anywiu appert~ining thereto, and sll renri, issues, ~e proceeds and profits acauing and to acuue from said premises, all of which are included in the above snd foregang dewiption and habendum. ` TO HAVE D j0 HOLD the above desuibed and gramed premises unto tFx said MORTGAGEE, ib successws ~nd ~ssigns fwever. And tlw s~id ~ ~ MORTGAGOR fot elr executws, administrstors and assigns, hereby covenants with the ssid MORTGAGEE, its tuccessws and ~uigna, ~ rhat the~-dre - iawfully se~:ed of tF~e said premises in fee simple; that the same sre free, clear and dixharged from sll liens and e~cunr < brances in law a in equity, and that t hey M,ill and their heirs shall warrsnt and defend the title to the wme fo ti~e s+id MORTGAGfE, its successws and assigns, fuever ayainst the lawful claims and demands of all persons; - PROVIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate hereinbefwe dewibed and shsll truly, promptiy and fully perform, dixharge, execute, comp{ete, comply with and abide by each and every the stipulations, agreements, tonditio+u and covenanri of said ' promissory note and of this Mortgege, then this Mortgags and the Estate hereby ueated shall cease and be nul) and void. IT IS UNDERSTOO~ th~t the word "Mortgagor" whether in the singular or plura) anywhere in this Mortgaye, shall be singulu if ons only ~nd shall be plural jointly and severally if more thsn one, and that the wwd "their" ss used enywhere in this Mutgsge shall be faken to mean "his," "hen;' . ~ or "its;' wherever the con~ext w implies or admits. Also, thst wherever there is s teference in the covenanK and agreements herein conbined to any of 3 ~ rhe parties hereto, the same shall be construed ro me+n as well as the hein, legsl rtpresentatives, successors and assigns (either voluntsry by act of the ; parties a invol~ntary by opention of the law) of the same and that the covenants Fxrein contained ahall bind and the benefits snd advant~es inurt ro the respective heus, Iegal representatives, successors and au~gns of the parties hereto. And taid Mortgagors, for themselves and their heirs, lega( representatives, successas snd assigns, hereby joinNy and severelly coven~nt and apree fo and with the taid MORTGAGEE, its successors and assigns: 1. To p+y •II +nd sinpular the principal and interest and the various and sundry sums of money payable by virtue of said promissory rate, a~d this ~ mortgsge, each ~nd every, prortsptly on the dayi respectively tFx same seversUy become due. 2. To p+y all and singulsr the te:es, assessments, levies, liabilities, obligations and encumb~antes of every nature and ki~d now on taid dewibed `R~~`-, properry, w that he~eafter may be imposed, suffereA, pl~ted, levied, a assessed thereon, w that hereafter may be levied a usesud ~pa? this Mortp- age, a tFN indebtednes~ ~ecured hereby, each and every, when due +nd pay~ble, xcording to law, before they become delinquent, ~nd be(we any iMerest arraches or any penatty is iocurred; AND INSOFAR AS ANY~THEREOf IS OF RKORD THE SAME SHAU dE PROMPTLY SATISFIED AND DISCHARGED Of ~"s RECORD AND THE ORIGINAL OfFICIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENOORSED ~ OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAYMENT; and i~ the eveM that any thereof is not _ paid, sat'sfied snd discharged sa'd MORTGAGEE may at any time pay the ssme or any part thereof without waiving or affecting any option, lien, equity p r; •~aht u~der or by virtue of this mortgage and the fuil amov^t of each and every such payment shall be immediately due and psyable and shall bear interes~ ` ~•om the date thereof until psid at rate of nine per centum per a her with rest shall be secured by the lien of th:s morytayt. Boac ~nc~ ~ . _ : _