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Home My WebLink About0603 ~ . 69108 ti - THIS INDENTURE, N1ads the 8th day of NOVPJlbBY _ q,p, iq 73 between BsrnaYd C. Schuster and Doris A. Schuster his wife of St• LuCi@ County Florida, he~einaiter de~igna~ed ss th uN1 AGOR,'J~nd~~I1~5~,iFEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, • corporation oryanized and existing ~nder tM taws oi IM United Staqs of Aina~ica and havinp itt pr~ncipel place of buiineu in the City of fwt Pixcs, St. luci~ Cou~ty, Flwida, hcreinaiter desi9na~ed af tFw !'MORTGAGEE." t K~liEREAS tM MORTGAGOR is jvitly indebted to ths MORTGAGEE in the sum of = 26-~6~. ~ good a~d lawful money of the Un~ted Statei advanced by the MORTGAGEE unto ths MORTGAGOR, a~ evidencrd by a certa~n promissory no~e of .even. date herewith, of whlch the following in w-ords and fig~rei is a tr~e copy, to-wit: , ' ~ ~ 10020522 z 26 600 00 ~ p~Qrce, florida, NOVP•1eb@Y 8 ~ 19 73 Fw value received, 1, we ot either oi us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN AS3~CIATiON OF FORT PIERCE at Fort Pierce, Florida, tlx sum of j_ 26 ~ 60~• ~ with interest from date af the rate of 9~ 2~)6 per annum, in monthly irtstall- ~»ents as follows: ~28 on ~he 20th day of Februarv , 19 74 and a liks sum on the cwresponding day of each month therr after until tne whole be fully paid. [ach installment first shall be applied in payment of tlx interest and then on the unpaid balsnce of the p?inupal sum. If default is mjde in the payment of any installment when due, and such default co~tinues 30 days, the~ at fhe optio~ of ths holder, and without any other notice, all the remaining insrallments snaii oe uvr or..~'. payable at once. Privilege is given to prepay lhis note in whole or in psn st any time without penalty. Neither forebearance, ror acceptar+ce by the holder thereof af~er a~y defavlt in any payments hereon, shall be deemed extensio~. A late payment charge of S 11 ~4~ shall be added to each install~nent remaining unpa~d 7 days after its due date, and a like sum shalf be added to esch such installment remaining unpaid 7 days sfter each succeeding payment date. Each maker, surefy and endwser hereof, joinlly and severa~ly, waives demand, presentment protest and notice of proteat for nonpayment, and further agrees to any extension of time of payment, eitFxr before or after maturity, wirhout not~ce to any of us; and to pay all costs of collectio~, includ:ng a reasonable attwney's tee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and Isws of each Srate of the United States, as against this obligation p any e:tension w renewal hereof. Witness tFu hand and :eal of each party. (SEAu s/Bernard C. Schuster (SEAL) (SEAL) s/Doria A. Schuater ~ $ 39 • ~ ~ Ststs Revenue c~an~pre~~rctneeeir~nge~+eR~ 26 600 00 NOW, THEREfORE, the MORTGAGOR for the pu.pox of seturing payment of said sum of = ~ • a~d the performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by theu pre:ents, doea grant, bargain, sell, remise, releau, convey and confirm unto t MORTGAGEE, its successors and assigns, all that certain lot, piete or parctl of land, tituate, lying. and being in the 3 County of ' $t . i'uC~e and State of Fbrida, dexribed ai followt: Being a parcel of land lying in Block 32, Lake+~ood Park Subdivision, Unit No. 4~ accozding to the plat thereof f iled in Plat Book 11, Page 2, Public Recozds of ~t. i.ucie County, Florida; th~ boundaYy of said parcel being ~ore particularly described as follaws: Froa the Northeast corner of the afozesaid Block 32 run South 211.82 feet to the Point of Beginning; thence continue South 85 feet; thence West 150 feet; thence North 85 feet; thence gast 150 feet to the Point of Beginning~ i f ~ ~ ~ e, - DOC MEN_TARY,~::,,LO R i D~> ~ S" 3- 'Z d IN PIIYMENi OF 7A1(E~ ~ ~5 TA M P i P. X ~ RECENED I N T A N 6 1 8 L E P E1S0?'U1L PROPERZ`I~ ~ n.~PS. oF rtEVF~iv~ • ~ ~ 191L ~ _ ~ i ~ ~ ~~ES ~i•i~ ~rs oF j~ s, o = - _ = P.B. = it0y26'73 : 3 9. 9 0 ROSiER POITRAS r = 111~? ~ p~H!( CING1Ii COURT, ST. LUCiE ~ 0 ~ . ~ ~ ~ together with all and aingular the tenements, hereditaments and appurtances thereunto betonging or in anywise appert+ining thereto. u+d all rents, iuues, prOCKdf +nd p?ofits accruing snd ~o accrue from said premixs, all of which are includcd in tne aoove and iwegoir~ ~iew~pt~i,r~ :r~; t.:~.~::.:.• ~ TO HAVE ANG O HOID tfie sbove described and gnnted premises unto the said MORTGAGEE, its sucussort and sssigns fweve~. And the said t~eir ~ MORTGAGOR for heirs, executws, admi~istrators and assigns, txreby covenants with the ssid MORTGAGEE, iri successwf +nd asiigm, ~ they are ~ rhat lawfully seized of the ssid prem~ses in fee simple; that the sams +re free, ckar and discMrged from +11 liens snd encurt?~ ~ they theiz b~ances in law or in equ~ty, snd that will and - hei?s shall w+rrant and defend the titk to the same to the ssid - MORTGAGEE, its successws and assigns, forever against the lawful claims and demandi oi all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall psy uMO the MORTGAGEE the p?omi~say note hereinbefore destribed snd ~ha~~ truly, ptomptly and futly periorm, d~scharge, execute, complete, comply with snd abide by each and every the ttipulations, agreemenri, conditions snd covensnts of said prom~ssory ~ote and of this Mwtgagc, tixn this Mortgage and the Estate hereby ueated shall cesse snd be null ~nd void- s IT IS UNOERSTOOD fhst tlx wwd "Nbrtgsgor" whether in the singular w plural anywhere in this Mwtgsge, sh~ll be sinqu~ar if one only and shall be plursl jointly and severally if more than one, a~d that the wad "their" as used anywF~ere in thii JNortgsge shall be tsken to mesn "his," "hen," ' or "its;' wherever the conteat w implies o~ admits_ Also, that wherever there is ~ reference io the tovenanb ~nd ayreemenb herein contained to ~ny of z - the parties hereto, the same thall be construed to mea~ as well as the heirs, legal represe~tatives, successo~s and auig~s (either voluntary by act of the parties w involuneary by operation of the law) of the same snd that the covenants herein contained shall bind and the benefin and advant~ges in~re ~ ro the respective heiri, Itgal representatives, succeisora and au'gns of the parties hereto. = And said Mwtgagors, fw themselves a~d their hein, legal reprexntatives, successors and aii~gru, hereby jointly and ieverally covenant and sgree' fo and with the said MORTGAGEE, its successws and assigns: ~ ~ 1. To pay all and sinyvlar the principal snd inte?est snd tlx various and svndry wms of money paysble by virtue of said promisswy note, and this ~ mwtgage, each ~nd every, promptly on the days respectively the same severally betome due. 2. To pay all +nd sirgular the taxes, suessments, levies. Iiabili~ies, obliyations and encumbrsrxet of every nawre and kind now on said desuibed ~ property, or that I+ereafter may be imposed, iuffered, placed, levied, w+ssessed thereon, or that heresfter may be levied a assessed upw~ this Mutg- ~ age, or tM indebtedneu secured hereby, each and every, when d~e and paysble, according to law, before they become delinqueM, ~nd befue any interei~ ~ a+taches a any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SA1NE SHAtI 8E PROMPTIY SATISFIED AND OISCHARGED OF ' RECORD AND THE ORIG1P:Al OFFIClAt DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFlED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not aid, sat"sfied and dischar ed sa:d MORTGAGEE ma at a~ time a the same w an rt thereof withoot waivi or affecti an tion, lien, ui or a P 9 Y Y P Y Y Pa ~g ~+g Y~P M N c'; •~qht under or by virwe o~ this mortgage and the full amoum of each and every svch paymem ~hall be immediately due and payable and s4~all Fxsr i~terest <<om the date thereo( ~ntil paid at rate of nine per ceMum per annvm and toge~her w~th ~uch interest shall be secured by the lien of th:s mwgb9e. ~ ' go~ 221 ~~~E 603 . ys:~