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HomeMy WebLinkAbout0918 ~6~2~~ ~ TNIS INDEtJTURE, Mede the 12th day of October A.o. iv~3 , between Stephen Hertelendy and Blanche Hertelendy, his wife of St• L~1C~@ ~ Cpunty florids, hereinafte~ desiynated as 1he •'MORiGAGOR," and i1R5T FE~ERAI SAVlNGS AND IQAN ASSOCIATION OF fORT PIERCE, a torporaGon organized snd ez~sting w~de~ 1he laws oi fhe (lnited Statos ~f Amcrita and having its princip~~ piace oi business in ~he City of Fort Pierce, St. lucie County, Flprida, hereinafter deiignatcd si ~hs "MORTGAGEf:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in Ihe aum of S 22 ~400~ go~ i~d lawfu! money uf th~ Un ted States aJ~anced by the MORTG~rEE unto the MORTGAGOR, as endenc<d by a cenam pronussory note of even derr hr~ew~rh, of wi~.ch fhe fo~.ow~:~g in sor~2;4~qy:~ a r~ve copy, to-w~~: No 10020493 W fort Pierce, Florida, October Z~ 1973 Fw vatue received, 1, we or either of us, prom~se to y, wi:hout defal:at~on, to ~he order of FIRST FEDERAL SAVIPiGS ANa IOAN ASSOCIA710N OF ~ FORT piERCE at fcrf Pierce, Florida, the sum ot s 22 ~4~•~~ _ w~th ~nterest fror.i d-ete at the ?ate of9!?5OO pe~ annum, in monthly instail- ~ menf3 aS f01!O~~~s: S 172~ on 2Oth day of F'ebruarv ~q_._?~ and a Gke sum on the correspond~ng day of each momh there- " after unti! the whole be fully pad. ~ Each installment first shall be applied in payment of the interest and then o~ the unpaid balance of tl~e prinupal sum. ~f de(ault is made in the Hai~nent of any installmtnf when due, and such default continues 30 days, the~ at the opt~on of the ho:der, and w~thout any other ~ot;ce, all the re.~na6n~nq ~ns!allmenK shalt be due and payab:e at once. Privi4ega is givan to prepay this note in whole or in pait at any t~me without penaity, Neither forebearonce, nor atcep?ance by the holder thereof after any defauit ~n any payments hereon, shall be deemed exte~siun. A late payment charge of S_ 9t6O ihall be ~ added to each instaltment remaining unpa~d 7 days after its due date, and a.~ke sum shall be added to each such fnstailment temaining unpaid 7 days after each succeeding payment date. ~ fach maker, eure?y and endo~ser hereof, jointly and severally, waives demand, presentment pr~test and notice of protest for nonpayment, and further ~ agrees to any extension of time of paymeM, eirher brfore o~ after maturity, wiihout nat~ce ro any of us; and to pay all costs of collection, inctud:ng a • reasonable aftorney's fee in the event oi any defau~t hereunder, and hereby seve~a~ly waives a)I beneti f homestead and exemption under the constitution ~nd laws of each State of the U~itad States, as agafnst this obligation or any exre~sion or renewal her ' Witness the hand and seal of each parry, ~ ~y~ r ~ ~ tiC~ (SEAI) l~ '~iG/ ~ , C~ S tt lSEAI) ~ (SEAI) $33.60 s/Blanche Hert ~s~i~ ) State Revenue ~ , tsarnp:eancen~e~ar~+gn,erncner 22 400.00 ` NOW, THEREfORE, the MORTGAGOR fw the purpose of securing payment of sa~d sum of ; ~ and the performance of the covenants and agreements hereinafter expressed, and fpr d~vers good and valuable considerations, by ihese presents, dxs grant, bargain, sell, rem:se, release, convey and tonfirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece q partel of land, situate, lying, and being in the Couny of $t. i'uCiQ and State of ftorida, desu~bed ss fotlows: Lot 16, Block 3226, POR? S?. LUCIB RIARBSTA PINBS t~1IT 2, according to the Plat thereof xecorded in Plat Book 16, at Page 3'7, Public Recozds of 5t. Lucie County, Florida, v ~ « STATE aF FL,O ~ ~ ~ ~T M DOCUMENTAR~~-:=~STAMP '1:~ ~ . ' " uEPi. OF P.EVEi.'uF ~r~-~`1- ~ i i =r ~ ; << _ _ _ ~T M•~3~~~~ = 3 3. 6 0 ~ = ii~o~ ~ ~'o a ~ . y~ IN PAYMENi OF tAXES ; • ~ERIY, p~E ON Cll?SS 'C INTANGiBIE ~ERSONJ?L i~ 1. ~qR~J1Nt 10 CHI~PTF~ 7I•134. ACTS~ t RpGER POIiRAS ru~r~. ~lERlt C1R~CU11 GOURT. St. WCIE ~ ~ i ~ E together with aii and singular the tenements, hereditamenb and appu~tances the~eu~to belonging w in anywise appertainirg thereto, and all rent~, iss~es, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fwegoi~g desuiption and habendum. ' TO HAVE ANp TO HOID the above described and granted premises unto the ssid MORTGAGEE, its successors and assigns fwerer. Md ths said ' MORTGAGOR for - thelY he;rs, executors, adminis~rato~s and assigns, hereby covenanti with fhe said MORTGAGEE, its sutcessors and ~ssigru, ` that _ they aY~-- ~awfully se~:ed of the said prem;ses in fee s;mple; that the same are free, clear and discharged irom all liens and encum- ~ brances in law o~ in rqu;ty, and that thev „i,;11 and their heirs shall warrant and defend the title fo the same to the said MORTGAGEE, its suttesso+s and assigns, foreve~ againat the lawful claima and demands of all persons; 3 PROVIDED, ALWAYS that if Ihe MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed and shall t~vly, prompNy and futly perform, discharge, ezecvre, complete, canply with and abide by each and every the stipulations, agreements, conditions a+~d cove~ants of sa~d promisswy note and of this Mwtgage, then this Mongage and the Estate hereby aeated shall cesse and be null and void_ IT IS UNDERSTOOD that the wwd "Mortgagor" wMether in the singular w plural anywhere in this AAatgage, sF?all be singutar if one only sncf ; shall be plural jointiy and severatly if more than one, and that tbe wo~d "fheh" as used anywhere in this Matgage shsll be taken to mesn "his;' "hers;' ~ or °itt;' wherever rbe context so implies or admits. Also, that whereve~ there is a reference in the covenants and agreementi herein contained to sny of ~ ~ the parties hereto, the aame shall be construed to mean as well as the Feirs, fegal representatives, successors and assigns (either voluntsry by act of the 3 parties or involuntary by operation of 1Me law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure ~ ` tq fhe respective heirs, legal reprctentatives, tuccessors and ass~gns of the parties hereto. ` And said Mortgagors, for themselves and thpir heirs, lega{ representatives, successws and assigns, hereby jointly and severally covenant and agree ~ ro snd with the said MORiGAGEE, its successws and sss~gns: ' 1. 7o pay all and singulsr the principal and inte?est and the var~ous and sundry sums of mo~ey payable by virtue of said promissory note, snd this Q ' mortgage, each and every, premptly on the days respectively the same severally become due. , 2. To psy alI and s~ngular the taxes, assessments, levies, liabilit]es, obtigatfons and encumbrsnces of every nature and kind now on said desuibed 3 property, or that hereafter may be ;mposed, suffered, placed, levied, or auessed thereon, a thst hereafter msy be levied w ~uesxd upon this Mortg age, or the inde6tedness secured hereby, exh and every, when due and payable, accading to taw, befwe they become delinquent, ~nd before any infe~esta~ . ~ artaches w any penalty is incurred; ANO iNYJFAR AS ANY THEREOF IS Of RECORD THE SAME SHAIL 8E PROMPTIY SATISFIED AND DISCHARGED OF~yp ? RECORO AND TNE ORIGIhAI OFfICIAt UOCUMENT ISUCH A5. FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACitON PAPER OffICIAIIY ENDORSE~ OR CERTIFIED) SHAIt BE PIACED !N THE HANDS Of SAIO MORTGAGEE WITNIN TEN UAYS NEXT AfTER ?AYMENT; and in fhe event that any ihereof is not paid, sar'sfied and discharged sa:d lJIORTGAGEE may at >ny t~me pay tt,e same w any part !hereof without waivinq or affectirq any option, lien, equity w •~qht under w by vi~tue of this mortyage and ihe futi amount of each and every such payment shall be immediately due and payable and sha~l ~ar inte~est ; ~~om the date thereof until pa~d at rare of n~ne per centum per annvm and togerher w~th such interest shall be secur~ by the lien of th:s mw.gtage_ 3