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HomeMy WebLinkAbout2951 ~sss2~ ~ llth October THIS INDENTURE, Made the day of A.D. 19 73 between . ~ . Char2es fi. Alme~dinger and Naami I. Almendinger, his:-mife of St • i'uCl@ Co~nty Ftwida, hereinaltsr desgnetrd as tAe "MORTGAGOA," ind FIRST fFDERAI SAVINGS AND LOAN ASSpC1AT10N OF FORT PIERCE, a corpwation organized and ex~s~~ng under the laws of ths Un~ted S~a~~s of America and having its principai place of business in tM City of Fort Pierce, St. lucis County, Fiorida, hereinafter des~gnated as th~ "MORTGAGEE:' WHEREAS the MORTGAGOR is iv~tly indebted to the MORTGAGEE in the s~m of = 27 s 3O0• ~ g~d ar~d lawtu! money of Ihe Un:ted Ststes adranced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of eve~ date herew~th, of wh~ch the ioilow~ng in = Qfs~i,~ }igu~ei is n frue copy. Io-wit: L7 30Q U ~ 10020487 fort Pierce, F~a;da, ~ctober 11 . 19 73 Fw value received, t, we w eirher of us, promise to pay, without defatcatiai, to fhe order of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FOR1 FIERCE at fart P;erce, Florida, the sum of j 27 f 30~• ~ _ w~th intrrest from date at the rate of 9• 2~o pr~ annum, in monthly install- ~nenrs as io~iows: ; 234' ~0 ~ on ~F,e 2Oth day of Febr ua'ry , 19 74 and a like sum on the ca~respond~ng day of each month there- after umil tha whole be fully pa~d. Eath installment first shall be applird in pay~nenf Of the interest and then o~ the unpaid balante of the print~pat sum. if default is made i~ the F~ay~nan! of any installmen~ when due, and such default tontinues 30 days, then at the oprion of the ho~de~, and without any other notice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any t~me without pcnalty. Neither forebearance, nor acceptance by the holder thereof aftrr any default in any payments hereon, shall be deemed exte~sion. A fate payment tharge of j 11 ' 70, shall be added to each installment remainir~g unpa~d 7 days after its due date, and a iike sum ahall be addrd to each such i~stailment remaining unpaid 7 days after each wcceedi~ payment date. Each maker, surety and endaser hereof, jointiy and severalfy, waives demand, presentment protest and notice of protest for nonpayment, and iunher agrees ~o any extension of tinte of payment, e~ther before oi after maturity, without notice to any of ; and to pay all costs of collection, includ:ng a reasonable attomeyb fee in the event of any defav~t hereunder, and hereby severally walves atl ben j4 of hcmestead and eaem n under the co~stitution and laws of each State of the Umted States, as against this obligation or any exrension or rene a eof. Witneas the hand and seal o/ each party. V ~ (SEAI) s/Charles E. A mendin er (SEAt) - n ($EAt) $ ~ 95 s/Naomi T. A1 end in er ~~i~ ~ ' ~ State Revenue (Srsmps taneeiletlron~w+gineF wo'?e~ 2 7 3U0. 00 NO'N, THEREFORE, the A10RTGAGOR fa the Furpose of securing payment of said ~um of S • and the performance of 1he covenants and agrecments he~einafter eapressed, and fw divers good and valuable cons~derations, by these presents, dxs g~ant, bargain, sell, rem;se, ~elease, convey and conf~rm unto the MORTGAGEE, it~ successors and assi9ns, all that ce.tain IoL piece or parce~ of land, situate, lying, and being in the County of $t . LLLCle and State of Fbrida, desvib~ci es follows: Lot 14, Block 3227, PORT ST. LUCIB F[ARBSTA PINES UNIT 2, according to the Plat thereof recorded in Plat Baok 16, Page 37, of the Public Records of St. Lucie County, Florida, . ~F F~...~ Mv Y A i ~ ~"jT A~Njp~RY~/= ;-"~,5- A-~"~ V! ~ J~~- ~O~ IN 4AYtAENi Of TI1X~ E Erui~ !s - - 'a 4.- ~ ~j ~ ~ ~C ~tlrAlls~B~E PERS~~ ~ `~'~r, ~;`z~ o pcPt.OF K - 4 jEl1 li-134. 1MCiS Of lyi•. l - ',s ~ iURStIMT TO ~R rQITMS ~U a, ~ p6{2~~.~ :~,c j~ = p~' ~ Rt. ST. lUC1E C0. _ „ict , C111CUtT OOU o " i together witf? alt and singuiar the tenemcnts, htrtditaments and appurtances tFureunto belonging or in anywist appenaining thereto, and all rents, issues, prxeeds and profits accruing and to acvue from said premises, all of which ate included in the above and fwegang dexription and habendum. ~ TO HAVE AND TO HQID the above described and granted premises ~nto the ssid MORiGAGEE, its successors and assigns forever. And the tsid i their MORTGA~o R for heirs, exctut~s, administrators and a~signs, hereby covenants with the said MORTGAGEE, its succeasors and sssigns, i ttiey are that lawfully seized of the said prem~us in {ee aimple; that the same ~re free, clear and dixharged fram a!I liens end encvm- , brances in law or in equity, and that thQy W~(~ a~ their shall warnn/ and defend fhe title !o the ssme to tF~e said MORiGAGEE, its successws and ass+gns, forever against thr lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR. shall pay unto the MORTGAGEE the promissory note Furcinbefore deuribed and shall trvly, promptly and fully perform, d~uharge, execute, complete, comply with and abide by each a~d every the stipulations, agreements, conditiwa and covenants of sa,d prom;ssory note and of this Mortgage, then this Mwtgage and the Estate hereby c?ested shall tease snd be null and void. : IT IS UNOERSTOpp thst the wo?d "Mortgagor" whdher in the singular o~ plural anywhere io this Mortgsge, shall be singular if one only and ~ shall be plural jointly and teverally if more than one, and that the word "the~r" as used a~ywhere i~ this Mortgage shaN be teken to mean "his ^"hers," ar "its," wherever the context so implies w admits. Also, that wherever there is ~ reference in the covenants and agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by act of the parties or involuntary by operation of the law) oi the same and tF~ar the covenants here;n contained shall bind and the benefits and advantages inure to the respe~tive heiri, kgal repreuntatives, successors a~d ass~gns of the parties hereto. . And said Mortgagors, for themselves and their heirs, legal repreuntatives, successors and essigns, hereby jointly and severally covenant ~nd agree to and with the said MORJ~AGEE, its wccessors and assigns: ~ 1. To psy all and ~ngutar the principal and interest and ttie various and sundry sums of money pay~ble by virtue of said promissory note, and this ; mwt9~ge, each and every, promptly on the days respectively the same severally beccme due. 2. To psy all and s~ngular the taxes, assessments, levies, liabil~t~es, obligstioni and encumbrances of every nature and kind now on said dewibed ~roperty, or that hereafter may be imposed, suffe~ed, placcd, levied, a suessed thereon, or that he~eafter may be levied w assesxd upon this Mort~- age, a the i~debtedness secured hereby, each and every, when dve a~d payable, according to law, before they become delinquent, and before sny interest attaches a any penalty is incurred; AND INSUFAR AS ANY TNEREOF IS Of RECORD THE SAME SHAtI BE PROMPTLY SATISf1E0 AND DISCFfARGED OF RECQRD AND TNE ORIGl1VAL OFFICIAL UGICUMENT (SUCM A5, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER nFFICtAILY ENDORSED j OR CERTIFIEp) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WIiHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is not pa~d, saYsfied and discharged sa A MORTGAGEE may at any t~me pay the same or eny psrt thereof witFwut waiving or affecting any option, lien, equity w •~aht under w by virtue of this morrgage and the ~~II amount of each and every such payment shall be immediately due a~d p~yab~e snd shall bea~ i~terest ~~am the date thereof vntil pa~d ar rate of n~ne per ce~i~m p~r annum and together w~th such interest shali be secured by the lien of th's morgtage. j Bur,K . ' ' ~~.9 P.,c~ 2950