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Home My WebLink About0036 z~~~~~ ~ THIS INOENTURE. Mad~ the 17th dsy of '~=Ober A.p, i9~~ bctwccn _ _ Francis Schwars and ~iargar S warz. ~1~ Wlfe oi $t • LuCi@ County Florid~, heroinalte~ designated as the "MORTGAGOR;' and ffitST FEDfRAI ~Ai/i*iGS AtyO tOAN ASSOCIATION OF fORT PIERGE, • corporat~on wyanized and ex~i~~ng unde~ the Iaws of 1M United Stet~ti of Americ~ and Mving it• principal place o( buaineis in 1M City of fwt Pierce. 3t. lutie County, Flaida, hereinafter designated as the "MORTGAGEE:' ' WHEREAS the MORTGAGOR is jvstly indebted to ths MORTGAGEE in the sum o( S~' Si ~0 , good a~d lawful money of the Un:ted States advaoced by the MORTGAGEE unto the MORTGAGOR, as evidanc~d by a cer~a~n promisswy note of even date here+v~th, ot wh~ch tha (oflowu2g in wwds and figures is a rrue coPY, tow~tc z 25 ~ 6pp. pp ~ 1~0205~5 Fort Pierce, Flwida, Oetober 17 ~ 19 73 For value received, 1, we o~ e~tF~er of u~, prom~~e to pay, without de~alc.,tion, to the order of FIRST FEDERAt SAVINGS AkU IOAN ASSOCIATION Of FORT p1ERCE at Fort Pierce, Florida, the sum of S 25~~~~~ ~'~~h interest i~om dafe at the rote of9 ~25OO par annum, in monthly install- men~s as fol!ows: S-22O•~~- a? the 2Oth day of November and a lik? sum on the correspond~ng day of each month there- after unti) the whole be fully paid. ' ~ach instalirr~ot first shall be applied in payment of the interesl a~d then on the unpaid balance of tha princ:pal sum. If defauh is made in the F~aym of any inataliment when due, and such default continues 30 days, Ihen a~ the opt~on of the holder, and withau~ any other not~ce, all the remain:ng ~nstallments shall be due and payable at once. Privilege is given to prepa/ ihis note in whole or in part at a~y time without penal~y. Neither forebearance, nor acceptance by the hotder thereof a(ter any defauk in any payments hereon, shall be deerted extens~on. A tate payment charge of 511-.-~. sha11 be added to each instal!ment remain[ng unpa+d 7 days after its due date, and a I~Ae sum shatf tk addad ~o each au:h instollmeN remaining unpa~d 7 days afrer each succeeding payment date. ' ' Esch maker, surety and endorser hereof, joinl~y a~d severaliy, wa~ves demand, presentment protest and not~~e of protest for n~npay~nent, and further agrees to any extension of time of payment, either before o~ after maturity without not~ce to any of us; and to pay aH costs of collection, incfud:ng a r~•esonabie attorney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of hcmeseead and exemption under the constitution a~~d laws of each State of the United States, as against this obt~gation w any extens~on or renewal hcreof. Witness the hand and seal of each party. ~ FIs'~AC1S SC~iMIaY2 (SEAL) (SEAI) S/ •f~?raaret $C MSr2 (SEAL) ~ csenu $38.4~ ) State Revenue ~ iStaC~pLUOC~1ld On.Ofi~a~110tY] NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of j 25 ~6~ snd the performa~ce of the covena~ts and agreements here~naiter expressed, and for d~vers good and valuable co~a~de~ations, by these preyents, dces grant, bargain, sel!, rem~se, relrase, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all that certain lot, piece or parcel of land, sit~ate, tying, and being in the Counry of St . Lue ie and S:ate of Florida, desuibed es foilows: Apartment No. g_4 of La Entrada Del titar, a condaminium according to the Declaraticn of Condominium dated December 30 , 1972, recorded in Official Reco'rds Book 22s , pa9e 1747 of the Public Pecords of St. Lucie County, Florida, together ~rith all of its appurtenances according to the Declaration, including an undivided interest in the com- m~n ele~ents of said Cond~minium as set forth in the Declara- tion~ and as re-recorded to reflect additional exl~ibits in _ ; O. R. Book 220, page 2192 St. Lucie County, Florida, public ' ! records. ' Subject to the teras, covenants, agreements, obligations and ~ provisions of said Declaration'of Condominium which mortgagor ? in all things does covenant to mortgagee faithfully to observe and E ~ perform. ? g . ~ 1 ~ STATE ~F FLOR~G~? ~ ~ ~~Y DOCUMENTARY,:~.-: ~.STAMP Tl+i I ,SI ' yd ~N PAYMFN[ OFtAXES ~ ° oEPi. Gc kEVEr~u~ t j~ .l,•~. i ~ ~•C INTANGIBIE PEItSONAI PROPEtm. ~ ° _ ~ ACTS OF 1911 _ _~JY19'73~'`~~ ~ 3 8. ~ puR$tyWT TO CFi,tiP`•FR 71•134„ ~ r ~ ~ N - . ~ - P9_ ' ' HtiGE° POITRAS ~ =?~t42 - C~EaK C~RCU~r Cou:~r, Sr. i~LiE Co, Fu~ ~ . ~ ~ rogether with all and singular the tenements, hereditaments and appurtances thereunto belo~ging or in anywise appertaining thereto, and all rent~, issuts, ~roceeds and profits accruing and to acuue from said premixs, all of which are included in the above and foregang dexription and habendum. TO HAVE AND TO HOI~ rhe above descr~bed and granted prem~ses unto the said MORTGAGEE, its s~xcessws a~d sssigns fo~ever. And the said ~ h!ORTGAGOR fo? -~~~L~---- heirs, e:ecvtors, administrators and assigns, hereby covenants with the sa~d MORTGAGEE, its tuccesw?s and ~ssigns, ~ that --~~-a rQ lawfully seized of the said premises in fee simple; that the same are free, dea~ artd discharged from all liena snd encum- ~ ~ brences in Isw o? in equity, and tFwt they _ w;,, ~~d t~l@lr _ heirs shall warrant and defend the title to the sama to the said MORTGAGEE, its successors ared assigns, (orever against the lawful claims and demands of all persons; PROVIDE~, AlV1fAY5 that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note her~~nbefore dewibed and shall truly, promplly ~ and fully perfwm, d~uharge, execute, completq comp~y with and ab~de by each and every the stiputations, agreements, conditions and covenants of sa~d • = prom~ssay note and of this Mwtgage, f}xn this Mwtgage and the Estate hereby created it~all cesse and be null and void. s ~ i. ~ IT IS UNDERSTOOD that the word "Mortgagor' whether in the singutar or plural anywhere in tfiis Mortgage, shall be singular if one onfy snd ~ shall be plural jairoly and xverally if more than one, and that the wad "their" as used anywhere in th~s Mortgsge shall bt taken to mean "his;' "hen;' ~ or "its;' wherever the context w implies or admits. Also, that wherever there is a rcference in the covenanta and sgreements herein contained to any of ~ the parties hereto, the same shall be construed to mesn as well as the heirs, legal representatives, successws and assgns (either voluNary by ad of t~ parties er involuntary by operation of the law) of the same and thaf the covenants herein contained sha~~ b~nd and the benefits and advantages inur ~ ro fhe respectire heirs, legal rcpresematives, successws and asrgns of the parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, he~eby jointly and severally cove~ant and agree ~ +o and with !he said MORTGAGEE, irs successors end assig~s: ~ r; 1. To pay all and singular tFx principal and imerest and the various and sundry sums of money payab~e by virWe of said promisswy note, and thii mort s e, esth ar~ eve rom tl on the da tes tivel the same severall become due. ~ 9 9 ?Y. P P Y Ys PK Y Y x 2. To psy all and sirsgutar the taxes, assessments, levies, liabilities, obligations and encumbrsncei of eyery nature and kind now on said dexribed t-? property, or that hereafter msy be impofed, suffered, ~laced, levied, w assessed tF~ereon, or that hereatter may be le~ied w assessed vpon this Mort~- ~ age~ w the indebtedness secured F~ereby, exh and every, when due and payable, xcording tu Iaw, before /heY beca~r+e delinquent, and before any interes ~ rrfaches w any penalty is incurred; ANO INSOFAR AS ANY iHfREOF IS OF RKORO THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF ~ ~ RECORD ANO THE ORIGlt3Al OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSEDaQ ~;•i OR CERitFIED) SHAII BE PIACE~ IN TNE HANDS OF SAIp MORTGAGEE WITHIN TEN OAYS NEXT AF?ER PAYMENT; and in the evem that any thereof is not pap ' 4a~d, sat'sfied and discharged sa'd 1~10RTGAGEE may at any time pay the same w any part thereof witheut waiving or affecting any option, lien, eqvity or •~qht under or by virwe of this mortgage and the full amount of eath and every such paymero shall be imm~iate~y due and payable and shall bear interest ~.om the date thereof until pa~d at rote of n~ne per centum per a~num a~d together wrth s~ch interest sh~ll ~ secur~d by the lien of th's morgtage. 8~ . : s ; . : . -