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HomeMy WebLinkAbout2883 26'~8580 ~ THIS INDENTURE, Mad~ the 7th d~y of NOVQRb@t A.D. 19-Z~, be~++een Rrank J. Guettler ~ Jr . and Paddy Guett--Ier, ~~iv~~e ' ot Sfr. 1.11C~@ Co~nty Flaida, hereinafter desgnated as the "R10QTGAGOR.° arvf FIRST fEDERAL SAVINGS ANp LOAN ASSOCIATtOIV OF FORi PIERCE, • corporarion oryanized and cx~st~ng vncler rhe lati:•s ~f ths United S~a.os o} America ~nd having itt principal place of buiiness i~ tM City of For1 Pierce, St. lucie Counly, Flo~ida, hereina(ter des~gnated as IM "MORiGAGEE:' ~ WNEREAS the MORTGAGOR is justly indebted /o the MORTGAGEE in the sur.~ of s_ 18~TOO.~~ good and Iawful mo~ey of the Un:ted States adranced 6y the fdOR~GAGEE unto the KORiGAGOR, as ev~clencad by a cer•~m p~oar,~,ory nore of even date berewith, of wh~ch the ioltow~ng in wo~ds and Figures is a true copy, fo-wit: = 18s~00.00 ~ 1002~521 Fort 9ierce, Flwida, Nov~ember 7 ~y73 For value received, 1, we or either of us, prom:ae to pay, without defalcot~on, to the order of FIRST FEDERAL SA'IINGS AND 10AN ASSOCIA110N OF FORT PIERCE at Fwt Pierce, Florida, ~he sum of j_ 18 700 vvith ~nferesl from date at the ~ate of 9•_5 0'o pc? annu~n, in monihly install- rncn~s as fstiows: j 196.~ ZOL~lday of ~eeenber _ ~973 _ and a like sum on the corresponding day o( each month there- af!er u~til ~he whole be fully pa~d. Each installment fi~at shall be applied in pay~~e~t of fhe interest and then on the unpaid bala~ce of the princ~pal sum. If deiault ~s made in 1he pay~ne~t of any installment when due, and such default tont~nues 30 days, then at the option of the ho~de~, and wiii~out any other notice, alt the remai~ing ~~stallments shall be due and payab!e at once. Prrvilege is given to prepay this ~ote in whole w in part at any time without penalty. Neither forebearance, nor acceptante by tt~e holder thereof a(ter any default in any payments hereon, shall be deemed extension, A lat~ payment charge of S_ 9•80 , shaU be added to each instal:ment remaining unpa~d 7 days aher ita due date, and a tike sum shalt be added to each s~ch instaUment remaining unpaid 7 days aiter each svtceeding payment date. Each maker, surety and endo.se~ herepf, jointly and severally, waives demand, presentment proteat and notice of pro:est ior nonpaymenl, and further agr~s to any extension of time of payment, either b.:fore or after maturity, w~fhout notice to any of us; and to pay all costs of collection, includ~ng e reasonable attorney's fee in the evenr of any defautt hereunder, and hereby severally waives all benefit of homes~ead and exemption under the const~tWion and laws of each Srate of the United States, as against this obl~gal~on or any extension w renewal hereof: Witness the hand and seal of each party. s/ Fxank J. G uett ler , Jr. .(SEAL) ~ . . . lSEAI) , 1 s Paddy Guettler ISEAL) ( S 28 . ~ S )$tate Reve~ue ~ ~5~~~ ~re~ncelfed~ e~r eriginatTete) . NOW, THEREfORE, tF~e MORiGAGOR for rhe purpou of securing payment of sa~d sum of ; 18 ~ 7~ and the performa~ce of the covenants and agreements hereina(ter expressed, and for divers good and valuable co~s~derations, by these presents, dxs gront, bargain, ielt, remise, relea:e, convey and confirm unto the MORTGAGEE, its successors and assigns, ail that cerrain lor, piece w parcel of land, sitvate, lyi+g, nnd being in the County of $t . L'UC le and Srate of Plo~ida, deauibed as follows: Begin 20 feet West of the SB corner of the SNIl~ of the NW~ of Section 7, Township 35 Sauth, Range 40 Bast and run thence North 40 feet to Point of Beginning; thence continue North parallel with the Bast line of the SW~ of the NW~ ot Section 7, ?o~rnship 35 South, Range 40 East for a distance of 165 feet to a point; thence turn and zun Bast paralle2 with the South line of the NW 4 of Section 7, rownship 35 South, Range 40 Bast for a dist~nce of 100 feet of a point; thence turn and run Sou~165 feet parallel with the Ea. st line of the SW~ of the NW~ of Section 7, Township 35 South, Range 40 Bast Lo a point 100 feet East of Point of Beginning; thence turn and run West 100 feet to Point of Beginning, St. Lucie County, Rlorida. - ~.n ~ y c S TAT E D~ F L J R I^~ I RfCEIYED ' IN PAY1NfNi OF TAXES , oZ C y ~.7 DOCUMfNTARy,~~;,~ STAMP ~ WE ON CLASS'C' INT A M G W I E p Eg g p N l u p q p p~(~ r ~I =r E P i. v~ P. F V E N i J E ;i PURSUANT 1O CHAPiER 71-I34, AC7S Of 19)L M~ C7 - r ~ ~i N = P~. = ~?~r3 . i ~ 2 8. 0 5 ~ER ~o~,?.s ~ o =n~o2 ~ CtEfLf CIRCUIT COURT, SL U1CIF C0~ FIA, ~ together with all and singular the tenements, hereditaments and appurtances thereunto belonging a in a~ywise appertaining thereto, a~d alt rents, issues, proceeds and pro(its accruing and to acuue from said premises, all oF which are included i~ the above and foregoing dewiption and habendum. TO HAVE AND 10 HQtD the above desa;bed and granted prem)ses unto tbe said MORTGAGEE, its successon and assig~s forever. And ths said the ir MORiGA~iOR for F~eirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successws and assigru, ~hat -tRey dY@ lawfull x~zed of the said y premises in fee simple; that the same are free, clear and discharged from all liens and a+c~m- brances in law or in-equity, and that_ thp,,,3[ W;~~ a~ their heirs sha11 warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of eil persons; PROVIDED, ALWAYS that if the MORTGAGOR shalt pay uNO the MORiGAGEE the prom+uory rate hereinbefore dexribed and shall truly, promptly and fulty perform, d~scharge, execute, complete, comply wirh and ab~de by each and every the stipulations, agreements, conditions and covertants of said prom~sswy note and of this Morrgage, then this Mortgage and the Estate hereby created shall cesse ~nd be null end void. ~ IT IS UNDERSTOOb that the word "Mortgagor" whether in the singular or plwal anywhere in this Mortgage, shall be singvlar if one only and t shall be plursl jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge shall be taken to mean "his;' "hers," or "its," wherever tF~e contexl w implies or admits. Alw, that wherever there is a reference in the covensnts and agreementt herein contained to eny of the parties hereto, the same shall be construed to mean a~ well a~ the he;rs, legsl ~epresentatives, successors and assigns (either voiuntary by sd of the ~ parties o? involuntary by operafion of the law) of the same and tha~ the covenants herein contained shall bi~d and the benefitt and advantages inure to t respective eirs, legal representatives, successors and asf~gns of the parties hereto_ a . ~ And said MortgagCrs, for tF~emseives and /heir Aeirs, legal representatives, successors and assigns, hereby joinNy and severally tovenant and s9ree to and with the said MORTGAGEE, its svccessors and assigns: - 1. To pay all a~d singvlar the principal and interest a~d the var~ous and sundry sums of money payable by virtue of said promiswry note, and this C~ mortgage, each and every, p~ompsly on the dayi respectivefy the same severaliy become due. 2. To pay all and singvlar the tsxes, assessments, levies, liabil~ries, obfiqation~ a~d rncvmb?ances of every nature and kind now on said dexribed ~ property, p that hereafter may be imposed, suffered, plated, levied, or assessed thereo~, or that heteafter may be leviad w as~essed ~pon this Mortg- ~,-r~'j +ge, a the indebtedness secured hereby, each and every, when dve and payable, according to Isw, befwe they bccome delirpvent, a~d before any intere~t ~m aereches w any penaHy is encvned; AND INSOfAR AS ANY TMEREOF IS OF RKORD TIiE SAME SHAIL BE PROMPTIY SAiI$FIED AND DISCHARGEO Of RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SPTISFACTION PAPER OfFIC1AtlY ENDORSEO OR CERTIFIED) SHAIt BE PLAtEO fN TNE HANDS Of SAiD MORTGAGEf WlTHIN 7EN DAYS NEXT AFTER PAYMENT; ~nd in tF+e event Ihat any tbereof is not pa~d, sat'sfied and discharged sa d MQRTGAGEE may at any t~me pay the same or any par~ thereof without waiving or affecting any option, lien, equity or .ipht unde? or by virt~e of this morrgage and the fvll amoum of each and every such payment shatt be immediately due and payable and sha!! bear inleres~ 6om the date rhereo~ ~ntil pa;d ar rare o! n~n~ per ce~t~m per a~num and toge~her wnh such interest shsll be secured by the lien oF th:s morgtage.