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Home My WebLink About0919 ~ ;~sst~~ 4 THIS INDENTURE, Made the 22nC~ day of AU US t f`~• t ~ ~ y ~ ~q~p, 19__ 73 between Victor L. Martin and Helen M MartinLhis wife T' ' af St . ~.LC1@ ~p~~ty florid+, hare7nafle~ de~ignatcd as the "MORTGAGOR;' and fIRST `fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaat~o~ organizsd and existing under ~M iaws oi the Un+ted S~at~i of Americ+ +nd Mving its principal placs of businesi i~ ths City of Fwt Pieres, St. lucis Counfy, Flwida, hereinaftsr desipnated as tht "MORTGAGEE." i WNEREAS 1hs MORTGAGOR is juflly indebted to ths MORTGAGEE in the sum of s~ S ~.SOO. ~0 , good and~lawful money of the Un~1ed Srates advanced by the MORTGAGEE unto the MORTGAGOR, es eviJenced by a cenain promiiswy ~ote oF even date herew~th, of wh~ch the fotlowiny in wordi and (~gu+ei is a tr~e copy, to-wit: f 1 S, SOO. 00 N, 10020363 ~ Fort Pierce, florida, August 22 19 73 • Fa value received, we or either of us, promise to pay, without defalca~ion, to the o~der of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF iORT PIERCE at Fwl Pi;rce, Fbrida, the aum of j 1 5~ 5~0. vu;th interest (rom date al the refe of8! 7546 per annum, in monthly instafl- ,,,r~fs as follows. S 137 on 1he 2Oth day of Oetober ~9 73 and a like sum on the correspond~ng dsy of each month there- after untif the whole b+ fuNy paid. ~ Each insta!lment first shall be appl~ed in payment of Ihe interesl and ~hen on the unpaid 6alance of the princ~pal sum. If default it made in the Farment of any instailme~t when due, and such default continues 30 days, then at ~he option of the holder, and wiihout any other notice, all the remaining -~siallments ~hall be due and payabte at once. Privilege is given to prepay th+s note in whole or in perf at sny time without penalty. Neither forebearance, nor acceptance by the holder thereof ai?er any default in any payments hereon, shall be deemed extension. A late payment charge of j 6.85 , shall be ~dded to each ins~al~ment remaining unpa~d 7 days after its due date, and e like sum shall be added to each such installment remaining unpaid 7 days ~fte~ each succeeding payment date. Each maker, surety and endorser hereof, joi~tly and seve~ally, waive~ demand, presentment profest and notice of protest for nonpayment, and further ' agrees to any extension of time of payment, eithe~ before or after maturity, without notice 1o any of us; and to pay all costs of callection, i~cluding e <<-asonable attorney's fee in the event of any defauh hereunder, and hereby severally waives aN benefit of homestead and exemption under !1x constitulion ar,d laws of each Srate of ~he United States, as against this obtigation q any extension or renewal hcreof. Witness the hand and seal of each pa?ty. S/ Victor L. Martin (SEAL) (SEAL) S/ Helen M. Martin ~EA~~ $23.25 ~ Statt Revenue i5lemp~~s~il~a[~asi~! atld NOW, THEREFORE, the MORTGAGOR fw ~he purpose of ~ecuring payment of said aum of s 1 S s$OO. 0~ ,~nd tht performarxe of ths covenants and agreements herzinafte~ eapressed, and iw divers good and valuable considerations, by these presents, does grant, barflain, setl, remise, re!ease, convey and coniirm unto the MORTGAGEE, its successo~s snd aas~gns, all that certain lof, piece or parcel of land, situate, lying, and being in the County of SL . L11C1@ end Srate of Florida, desu~bed as follows: Apa?rtaent No. 203~ Building II~ of ISLAND HOi~SB COmOMINIUMS, PHASB I~ according to the Declaration o! Condosinium and a21 exhibits thereto dated May 23, 1973, recorded May 29~ 1993 in Official Records Book 214, Pagea 1858-1933, of the Public Records of St. Lucie County, Florida, togather ~ith all ot its appurtenances according to said Declaration ot Condoainiun and all exhibfts thereto a?nd together with all tenanQnts and hereditaaents thereto belonging or in anywise appQrtaining to said apar ta~nt . StBJFCT to the teras, covenants, agreeaents, ob2igstians and provisions of said Declaration of Condominfun and all exhibits therato ~hich the Mortgagar in a~12 things does covenant to D6~ztgagee faithtully to observe and peZfozn. STATE FLGRi~,'; ~ „Z N DO~UMEN1ARYf~-:.-:;~STL~MP I!, a ~ Hc JfPi i;~ kEYENUF : ' ( RECEIVtD ~-3 u 1N P r A MEIR OF TN~ ~ _ = o;.T ~-~i3 ~ ~ Z 3. 2 ~ ~ DUE ON ('aASS C~ rnranrctetF vE. ~~rr.~ Ptto~etMs ~-~~tr1z ~ ! PURSUN'fi TO CHAPlE9 71-134. /h;iS t1F 19)1. ROGER POITRAS ~Jll • . Ct.FRK C~CUIT COURT~ Si. WCIE 00. fUl together wirh all snd singular the tenemcnts, hereditaments and sppurtantes thcreunto belongirg w in anywise appert~i~ing thereto, ~~d all rents, iuues, procecds snd prof~ts accruing and to accrue from said premises, aIl of whicl? are included in the abov~ and fwegang dewiption and habendum. TO HAVE AND TO HOID the above desuibed and granted premi~es unto the said MORTGAGEE, its successort end assiyns fwever. And ttw said their M,ORTGAGOR fa heirs, executors, administrators and assigns, hereby covensnts with the ssid MORTGAGFF, it~ tuccessors ~nd ~uiQns, ,har -_they_are _ ~aWf„nY seized o1 the said premises irt fee simple; that the ume sre free, clear end discharged irom all liens and encurtr brances in law w in equity, and that they w;ll snd the iZ hein shall warrsnt and defend the title to the s+me to the said MORiGAGEE, its successors and assigns, fwever_ against the lawful claims and demands of ~I) Person~; - PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto fhe MORTGAGEE the promi~sory note hereinbefae dewibed and shall truly, promptly and fully perform, d~uharge, execut0. tomplete, comply wirh and ab+de by each and every fhe stipu)arions, agreemcnts, condiirons and covena~n of said promissory note and of this Nbrfgage, then this Mortgage snd the Es~ate hereby created shall cease and be null a~d wid. IT IS UNOERSTOOD that the wad "Mortgagw" whether in the singuiar w plural anywhe~e in this Mortgage, shal) be sinpular if one only and shall be plural jointly end ievera((y if mwe than o~e, and that the ward "rheir" as ustd enywhere in this AAortgage shai! bs taken ?o mesn "hu;' "hen," or "its;' wherever the conteat w implies o~ admiti. Alw, that wherever there is s reference in the covenantt and agreements herein contained to ~ny of rhe psnies hereto, the same shall be construed to mean as well es the heirs, lega) representstives, successors and assigns (either votuntary by sct of the parties or inroluntary by operation of the Isw) of tht same and that the covenants herein contained shall bi~d ~nd the benefits and advantsyes inur~ ~o the respcctive heirs, legst repreuntatives, succeswrs and ass'gns of tF~e part~es hereto. And said Mortgsgors, for themselves a~d their heirs, legal representatives, successws and assigns, hereby jointly and uverslly COVlMnt ind a9ree ro and with the taid MORiGAGEE, its successors end assigns: 1. To pay a!! and ~ingular the paincipal ~nd interest snd the varlous and sundry sums of money payable by virtue of said promisiwy note, ~nd this mortgsge, each and every, promptly on the days respeaively the same uverally become due. 2. To pay all and tingulsr the tsxes, asseumenb, levies, liabilitiei, obligstions and encumbances of every ~ature and kir?d now on said dexribed " property, w th~t herea~ter msy be impoted, suffereA, plxed, levied, or assessed thereon, a fh~t hereaiter may be Iev~ed p as~esud vpon this Mwty- age, w the indebtedne» secured hereby, each and every, when due and payable, accwding to law, before they become delinqueM, and befw~ any interest atraches w anY penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHAII BE PROMPiLY SATISf1EU AND DISCHARGED OF RECOAD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALIY ENDORSED OR CERTIFIEU) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; and in the event that ~ny the?eof is not pa~d, sat sfied and discharged sa'd MORTGAGEf may et any time pay ?he same or any psrt thereof without waiving w affecting any optip~, lien, equity w •~~ht under w by virtue of this mo~tgage and the full amo~m oF each and every such payment ihsll be immcdiately due and payable and shall bear i~terest ~~om Ihe date thereof until paid at rate of n~ne per centum per annum and together w~th such inte~est sh~il be secvred by fhe lien of th:s morytpe. 80GK ~~9 PAfE g ~ - , : ; - _ , _ . _ .