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HomeMy WebLinkAbout0201 ~6~~~1 ~ THIS INDENTURE, Made the 10th day of OCtObQY A.D. 19_1~, between _ Irving O. Wannes and Jean P. Waunes,_hia ~vife ~i__ of ~r~n {p~nty Florida, hereinatter des~gnared as the "MORTGAGOR;' and FIRST fEDFRAI SA\'WG$ A?;D tOAN ASSOCIATION OF FORT p1ERCE, a curpo~ation organized and existing under the laws of the Umted $tatas of America and having its pr~ncipal place of business in the City of Fort Pierce, St. tu.ie County, Flor~da, hereinafte~ deugnared as the "MORTGAGEE:' , WHEREAS the MORTGAGOR is jusNy inde6ted to the MORTGAGEE in the sum oi $ 16 ~ 8~ ~O0 good and lawful money of the J~.'!ed S~ates advanced by the RIORTGAGEE w~to the 1dOR1GAGOR, as ev~denc~d by a cer~a~n prom~ssory note of evert date herew~th, of wh;ch ~he foi:ow~ng in worda and figures is a true copy, to-wit: s 1b~800.00 No 10020484 fort Pierce, Flor~da, ~tober l~ 19 73 Fw value ~ecerved, t, we or eithe~ of us, prcm:se to pay, withcut de4a!n~t:on, to ~he order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIAitvV OF FORT PIEf.~ E at fort Pierce, flor~da, ~he sum of S- 16-l-8~~~ wnh ~nterrst from date at the rate of 9~25?o per annum, in monthly i~~sta(1- 144.00 20th Novenber 73 -rents as fot~ws: S - on the _ day of ~ 19_._-_ and a like sum on thr correspond~ng day of each mumh the~e- .afrer unti) th:~ vhole be tully paid. Each installment f~rst shali be app!ird in payment of the inte~zst and !hen on fhe unpa~d balance of the pr~nc~pal s~m. If de~ault is made in the ;„yment of any installment when due, a~d such defautt continues 30 days, the~ at the opt~on of the holde~, and w~thout any other not~ce, aU the remain;~ig ~~~srallments shall be due and payabie at once. Privilege is give~ to prepay th~s note in whote or in part st any t~me withouf penalty. Neiiher forebeara~ce, nor acceptance by tF,a holder thereof aiter any default i~ any payments herean, sha!! be deemed extension. A lare payment charge of 57!?~-, shall be ~dded to each instatlment remaining unpa:d 7 days afte~ its due date, and a t~ke sum shall be addrd to each wch inaiaitmant rema~oing unpaid 7 days after P3C~1 succeeding pnyment date. Eath make~, surety and endo~ser hereof, jointty and severaily, vva~ves demand, presentment protest and nof;ce of protest for nonpayment, and further agrees ?o any extens;on of rin,e of payment, e~ther before or aftzr maturity, wifhout not~ce to an•~ of us; and to pay aIl costs of collection, inc;ud:ng a r~ asonable attorney's fee ~n the event oF any defau't hereu~der, and here6y severally waives all benefit of homestead and exemption under the conuitution ,nd 'aws of each State of the United Srates, as aga;nst this obligation or any extens~on or renewal hereof. ~ Witness the hand a seal of e party. ~ ~ ~ S .~..•~t{/ll\.1.~ S V~il O• ~alr'1@5 (SEAU ' ~ F (SEAL) (SEA!] $ 25.20 s/ ~ ean P'. W es ~s~au t__ ~ State Revenue NOW, THEREFORE, the MORTGAGOR fo? the purpose of securing payment of sa~d sum of s 16~.8~~~ and fhe performance of the covenants and sgreements 6ereina(ter ezpressed, and for divers good a.+d valuab!e cons~de~afions, by these presents, dces g~ant, ba-gain, se1~, rem~se, ~~~~ease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certai~ 101, piece or parcel of land, situate, lying, and be~ng in the Couny of Mdrt~Il and State of florida, desuibea as follows: Apartment No. 11 af DB LA BAHIA, BUILD I~IG Q, a Condo~ainium according to the Declaration of Condoainiua recorded in O. R. Book 358, Pages 2446 through 2484, and O. R. Book 362, Pages 1155 and 1156, of the Public Records of Martin County, Flozida, TOGETI~ER WITH all of its appurtenances according to said ~ Declaration. ~ E SLBJECT TO the terms, covenants, agree~nts, obligations and ` provisions of said Declaration of Condoniniu~ which Mortgagor i in all things does covenant to Mortgagee faithfully to observe and perform. f f ~ - ~ S-rAT~ F~.~.i:=?; ~ j-~ 1 ' DOCUMENTARY~'-;;~ STt~MP '1,~ ~ RfCtlVfb 3. Q ~NPArFIFN[O~TNtB~ ~ °z UE~:- ~~F REYENUE a z'; ~ - - ~ ?allE (W I;i.ASS'C' INTAN618IE PEltS~ONAL P~ r ~c - - PWiSiJiWT TO CHAPTER 71-134, ACTS ~F 29~3. /!Tr ~ - pe. = ~~2;~~~;~~,~ _ 2 5. 2 0 ! ~ r„ o = i?`~•t ~ ROGER POITWlS ~ CiPRK CIIlCU1T OOURt, S~. Lt1C1E J0. F1A ; F s rogether with a(t and singular the tenements, hered~taments and appurtances thereunto belonging or in a~ywise appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are incl~ded in the above and foregoing description and habendum. ~ TO HAVE AND iQH61~ the above described a~d granted premises unto the said MORTGAGEE, its successas and assigns forever. And ihe said : MORTGAGOR for- Lp heirs, executors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, +ts successw~ and assigns, ~ rhat - th¢}~-arg-- Iawfully seized of the sa~d premfses in fee simpfe; that the same arc free, dear and discharged from all liens and encum- brantes in law or in equity, and tha! thev r,r;l1 and their fhall warrsnt and defe~d the title to the seme to the said h~;OR7GAGEE, its wccessors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed and shall truiy, promptly and fully perform, d~scharge, execute, complete, comply wi~h and abide by each and every rhe triputatiom, agreements, cond;fions and covenants of sn~d ; prom~ssory aeote and of t}~is Mortgage, then this Mwtgage and the Estate heroby created shal~ cesse and be null and void. ' IT IS UNDERSTOOD that fhe word "Mortgagw" whether in the s~ngular or plural anywhere in this Matgage, shall be singutar if one only and t ; shall be plural joi~tly and uve~ally if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his," "hera," ; or "its." wherever the corttext so implies or admits'. Also, that wherever there is a reference in the covenants and agreements herein contained to any of r fhe parties hereto, the same shall be conatrued fo mean aa well as the he~rs, legal represeMatives, successo~s and asigns (either voluntary by act of the = parties or involuntary by operation of the lawj of the same and that fhe tavenaMS herein contained shall bind and the benefits and advantages inure E ro the respective heirs, legal represe~tatives, successors a~d ass~gns of the parties hereto. ~ And said Mortgagors, fw themselves and their heirs, legal represe~tatives, successors and assigns, hereby jointly and several~y covenant and a9ree +o and with the said MORTGAGEE, its successors and assigns: , 1. To pay a(I and singufar the p~incipal and interesr and the various and sundry sums of money payable by virtue of said promisswy note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and s~ngular the taxes, aasessments, levies, liab~l~~ies, oWigations and encumbrancet of eve~y nature and kind now en iaid dexribed property, w that hereafter may be imposed, suffered, placed, levied, or assessed shereon, oi that hereafte~ may be levied or assesud upon this IY4~tg- age, or fhe indebtedness secured hereby, esch and every, when due and payable, according to Iaw, before they become delinquent, ar+d before a~y interest ; attaches w any penalty is inwrred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHALt BE PROMPT[Y SATISFtED AND DISCHARGfD O~ RE~ORO ANO THE ORIGtNAL OfFIUAI DOCUMENi (SUCH AS, FOR ~NSiANCE, iHE TAX RECEIPT OR THE SATISfACTION PAPER OFFIGIAIIY ENDORSED - OR CERTIFIEU) SHALI BE PIACED IN THE HANDS OF SAID NtORTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENT; a~d in the event that any thereof is not - pa~d, saYsfied and discharged sa:d MORTGAGEE may at any t~me pay ~he same or a~y part thereof withovt wsiving or afiecring any optia~, lien. equity or •iqht vnder or by virn~e of this mortgage and the full amount of each and eve~y such paymcnt shall be immediately due and payable and shatl bear interesf ; ~•om the date thereof until paid at rate of nine per centum pe~ annum a~d toge~her w~th s~heinterest shall be sec~red by the I~en of th:f morgtaye. $ACx 22Q F~r 20~.