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HomeMy WebLinkAbout2885 ~ 268581 ~ ~ 1NI5 lNDFN1URE. Mad~ the 13th day of - NOV@[~@! A.D. 19~-~, between Robert C. l,eljedal and Dozothy H. Leljedal, his wife of 5t . Lucie ' County florida, hereinaite~ deigna?ed as the "MORTGAGO and FIRST FEDERAI '~VINGS ANO LOAN ASSOCIATION OF FOR~ PIER~E, • corpo:ation qy~nized ~nd existing unde~ the law~s oi the Un~ted Sfatoi of Arncrica and haxinp ~.p~inupal ptace of butineu in the City of Fwt Pieres, St. lucie COUnry, Flotida, herei~atter designsted at tha "MORTGAGEE:' WHEREAS tha MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of j 12 ~OOO. , good and lawful money of tF,e Un:ted States advanced by the MORTGAGEF unto the MORlGAGOR, as evide~xed by a certain promissory note of even dafe herowith, of wh~ch the foilowing in wwds and figu~et is ~ tru~ copy, ~o-wit: ~ 12 ~ ~~~.00 1~020525 Fwt Pierce, Florida, November 13 ~q 73 For val~e received, 1, we or either of us, prom~u to pay, wi~hout defafcat~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSQCIATION OF . FORT PIERCE at Fwt Pierce, Florida, the sum of S 22-L_~~•0O w;th interest from date at the rate of ~i~9o per annum, in monthly instalb men~s as follows: si 12 . 00 , on the 20Lh day of ~eeaaber , ~q_ 73 a like sum oa ~he cwrespond~ng day of each month ~here- after until the whole be fully ~id. Each installment first shall be apptied in payme~t of the interest and ihen on the unpaid balsnce of the prinupal s~rn. I('de(ault is made in the payment of any insta~lm~nt wheo due, and such default con~inues 30 days, then at the option o~( the holder, and without any other nof;ce, a11 the remai~ing installments shall be due and payable at once. Privilege is given to prepay ~his note in whole w in part at any time w~tnout pe~atty. Ne~~her forebearance, nor acceptance by ~he holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of i 5• 6O shall be . added to each installment remai~i~g unpa~d 7 days after its dua date, and s like s~m shaif be added to each such instal;ment rertiaining unpaid 7 days after each sucteedin9 payment date. Each maker, surefy and endo~se~ hereof, joimly and severally, wa~ves demand, presentment p~otest and notice of orotest fa r+onpayment, and 4urther agrees to any extension of t~me of payme~t, either before a after maturity, wi?hout notice to any of us; and to pay atI cu~ts of cotiecrion, includ;ng a reasonabfe attorney's Fee in the event of any defau;t hereunder, and hereby severatly waivea all benefit of homestead and exemption unde~ the to~stitulion and laws of each State of the United States, as againat this obligation or any extens~on or renewal hereof. Witness the hand and seat of each party. $I ROb@ZL C. IRI]QC~dl (SEAI) (SEAU S Dorothy H. Lel jedal (SEAL) cs~?u f ~18 . ~0 1 State Revenue Rti~t~ sa~iedsnsd~ataiqle) NO:Y, THEREfORE, the MdRiGAGOR Ior the purpose of secvring payment of said xum of S 12 s OOO. ~ „ and the pcrformance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does grant, baryain, sell, rem~se, release, convey and conf~rm unto the MORTGAGEE, ita succeiwri and auigns, all thst certain tot, piece or percel of land, situate, 1yiRg, arrd beeng ir? ths County of St . Ll~ 1@ and State of Fbride, described a~ lollow~: Begin at the N W corner of Out2ot 6, run East along the North line 150 feet, thence South 170 feet, thence West 150 feet, thence North 170 feet, to the Point of Beginning, WHITE CITY SUBDIVISIQN as per plat thereof on f ile in Pl at Book 1, pag¢ 21, of the publ ic records of St. Lucie County, Florida, being in Section 4, Taivnship 36 South, Range 40 6ast, . . . ~ S~A~~ ~F ~L ar~: j `r UO~UM~tJTAR As~"~,51 A----- - ~ . =1 ° Df77. ~f Y.EVE~iUE+= : ''':e ~ ~ O O ~ [ ~ ~c ° _ soyi~'73`' ' ~ ~ RECEIYED ~ IN PAYMIENT OF TAX~ " = Ps• ~ ~ r.~'~ ~ DiIE ON CIASS'C' IN71WGiBLE PE=,3.'7~l PPOPERfY~ ~ o -~~~~z PURSt1ANT tp CFIAPTER 71-134, ACTS OF 2911.~J ' ~ • R06ER POITRAS ~J CLERK CIRCUIT COURT, Si. LUCIE CO., FUl I 'I together with all and singular the tenements, hereditaments and appurtances thereunto belonging or i~ a~ywiu ~ppertaining thereto, and all rents, iuues, I prxeeds and prolits atcruing and to actrue from said premises, all of which are inct~ded in !he above ar~d fotegoeng desc~iption and habendum. i TO HAVE AND TO HOCO the above described and gronted premises unto the said MORTGAGEE, its successon and sssigos forever. And the aid tf1@ lI MORTGAGOR for heirs, exetutws, administrators and suigns, hereby covenants with the said MORTGAGEE, its successors and ~asiyns, I rhat - thQ-y d!e - lawfully sei:ed of the said premises in fee simple; that the same are free, clear and diuharged irom all liens snd encurtr brances in Isw or in equity, end that thev W~~~ a~ their heirs shall wsrra~t ~nd defend the title to the same to the said I~ MORTGAGEE, its successors and augns, fwever against the lawful c4aims and demands of all persoru; PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefwe detcribed and shall truly, promptly and fully peaform, d;xharge, execute, complete, compty with and ab~de by each and every the stipulations, agrcements, conditions and covenants of iaid , promisswy note and of thia Mortgage, then this Mortgage and the Estate heroby crested shall ce~se and be null ~nd void. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the s~ngular or plural snywhere in this Mortgage, shatt be singular if one only ~r?d shall be plura) joinfly and severa!!y if more than one, and that the wwd "their" as used an here in this Mort a e shall be tak n t m n" i " Yw e o ea h s F?en 9 9 ~ , or "its," whereve? the conteat so implees or admi~s. Also, that wherever there is a reference in the covenanta snd agreements herei~ contained to any of ~y~ the parties hereto, the same shatt be construed to mea~ as well as the heirs, legal representative~, successws and aasgns (either volunt~ry by ad of the parties o~ involuntary by operaYwn of the taw) of the same and that the covenants herein contained shall bind and the benefits and sdvantag~ inure ~ to the respective heirt, legsl representatives, succe:sors and au~gns of the parties hereto. A f ~ ~.\i And said Mortgsgors, fw themselves and their heirs, fegai representatives, successors and essigns, hereby jointly and xverally covenaM and agree ~ I to and w~sh ihr said MORTGAGEE, its successors and assigns: • ~ i 1. To pay •II ~nd si~gulsr thc prirxipal and imereir snd fhe various and sundry sums of money payable by virtue of ssid promissory note, and this ~ mortgage, each and every, promptly on the days respectively the same severally become d~re. 2. To pay alt ind singular the taxes, asseasments, levies, liabitities, obfigst~ons and encvmbrances of every ~a?ure and kind now on said desuibed ~3 p?operty, w that hereafter may be imposed, t iffered, plsccd, levied, w assessed thereon, or that heresfter may be Ievied w assessed upon ihis Mat¢ ~'~t age, a the indebtedness secured hereby, each and eve~y, when due and payable, accordiny to law, befwe they become delinquent, and before any i~teres~ q~p a+taches w any penalty is incur.ed; AND tNSpFAR AS ANY 7HfREOF IS Of RKORD iHE SMI4E SHAII BE PRONlPTLY SATISFIE ~ d O A'VD 015CNARGEO OF RECORD AND THE ORIGItvAI OFFICIAL ~OCUMENT (SUCN A5. FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENDORSEO OR CERTIFIED) SMAII BE PLACED tN TNE HANDS OF SAIO MORTGAGEE WITHiN TEN DAYS NfXT AF1ER PAYMENT; and in the event tha~ any thereot is not ~ pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part the?eof without waiving or affecting any option, lien, eqvity p •:aht under or by virtue of this mortgage and the full amo~nt of each and every such payment shall be immediately dve ar+d paysbte and shail bear interest ~rpm the d~te thereof until pa~d at rate of n~ne per centum per annum and tog~ther w~th such inte~est shall be secured by the lien of th:s motgtage.