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Home My WebLink About0725 - - - - - - _ _ . . ' ~W~Oa~ THIS INDENTURE. Nl~d~ the 19th day of October A.o. iv?~-. t~rw~~^ Robert I. Probst and Mar uerite Probst~ his wife ~r^ .r St . Luc e of Counry Florida, he?euwiter desiyna~ed as the "MORTGAGOR," and. fIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corporat~on ory+ni:ed and sa~sting under rhe laws of the United S~a~~s LI ATQfKI and •h~v"v~ it~ p~ncipal ptace of buii~?eu in ~M Ciry of Fort Pierce. St. lucie County, flaida, hereina(ter dei~ynated as the "MORIGAGEE:' WHEREAS tM MORTGAGOR is juitly indebted to the MORTGAGEE in the aum of S 11.9~.OU - 9p~d and lawful mcx+ey of the United ~ States advanced by the MORiGAGEE unto 1he MORiGAGOR, as evidenced by a cer~a~n promissory note of eren c:ate he~ewi'h, of wh~ch the `.oiloweng i~ ; ~ wo~ds and figures u s tr~s copy, to-wit: : ---11:900._00 . ~ i0020507 fo?t Pieres, florida, ~ctober ~q For val~e reteived, 1, we o~ eiihe~ of us, promise to pay, without deiatcetion, to thr order of FiRST FEDERAI SAVINGS AND LOAN ASSOCIAT~ON OF FORT PIERCE at Fat Pierce, Flor~da, the sum of 112_90~•~~ _ w,+h tr,terest from date at the rate or •25 o pe? anrtum, ~n monthly in:tsl6 :,,en~s as (ottows: S 102•~ o~ 1he2OLh day of November_, ~9_73 and a I~ke sum on the cwrespond~ng day of each moroh the~e- efrer u~til the wholr be fully paid. j Each installment (irst shatl be applied in paymero of the ir.terest and then on the u~paid balance of the princ~pal sum. If defa~lt is made in the ~ayment of any installment when due, and such defaulf continues 30 days, then at the option of the ho~der, and without any other notice, all the remaining ~nstallments shall be due and payable at once_ Privilege if given to prepay this ~ote in vKhole w in part at any time without penally. Neither fwebearante, nor a<ctptance by the holder thereof after any default in any payments hereon, shal! be deemed extension_ A late payment charge of S-~~Q, ahall be added to each inslallment remaining unpaid 7 days after its due date, and a like su~~ shall be added to each such installment remaining unpaid 7 days aftet each succeeding payment da~e. - Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and funlxr agrees to any extension of time of payment, eirher before w after maturity, without nor~ce to any of us; and to pay afl costs of co!lection, includ;ng a reasonable attorney's fee in the event of any defautt hereunder, and hereby severally waives all benefit of h mestead and exemp ion ~nder the constitution a~~d Iaws of each State of the United S~ates, as against this obligation or any exte~sio~ or renewal f Witness the hand and ual of each party. • " s/ Robert I. Probst {$EAL) ^ ^ ~ ' (SEAU s/ Mar erite Probst ~~u ~ $ 17.85 ) State Revenue ~ • ~~as~se'o~s~ . NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of~ ~pid sum of S 11 ~ 9~ .OO _ and the perfwmance of ths covenants and agreements hereinafter expre:sed, and for divers good and valuable tonsiderations, by theu presents, doea grant, bargain, sell, rem~se, release, convey and confirm unto the MORTGAGEE, its svccessors and ass~gns, all that ce?tain lot, piece or parcel of land, situate, lying, snd being in the Couny of St ~ 1-ir iEa - and State of fb~ida, descri(oed as followt: Apartment No. 205, Building IV, of ISLAND HOtJSE CONDOMINIUMS, PHASB I, according to the Declaration of Condominium and all exhibits thereto dated May 23~ 1973, recorded May 29, 1973 in Offici~l Records Book 214, Pages 1858-1933, of the Public Records of St. Lucie County, Florida, j together ~?ith all of its appurtens+nces according to said Declaration of ` ~ Condoninium and all exhibits thereto and together ~rith all tenements and hereditaments thereto belonging or in anywise appertaining to said ' apartment. ~ ° SUBJECT to the terms, covenants, agreements, obligations and provisions of E said DeclaYation of Condominitan and all exhibits thereto which the Mortgagor ~ in all things does covenant to Mortgagee faithfully to observe and perform.~/ ~ , ~ ~ M STATE ~LJ~?;DA 1 . p~ ~ M OOCUMENTAR ~.s;":-.;~ STAMP ~ A X r 3~ IN PAYNIEtiT 0~ T~ ~ _ ~ ~ ' DEai. OF R£VENUE ~E11fE~ ~SO~ PROPEf1r(. ~ ~ _ Pe. _ +~:.v2r•1? : . ~ ~ ~ ~ ~ pUE ON CtJ1SS 'C INTANGIBIF I 7 8 5 1 TO CN11P1ER 71-134. w~s o~ 9'.'/ o= i~ioz ~ ~ ~p~,p~ po~Titl?s id~~~~ a~ ~~ECI?1t OOUQT. Si• m! ~ ~ together with all and singu~ar the tenements, hereditameids and sppurtances thereunto belonginy or in anywise appertsining fhereto, and •II rents, issues, ~ proceeds and profits accruing snd to accrue from said premixs, all of which are irxluded in the above and foreyoinp dexripYwn ~nd Mbend~m. TO HAVE AN~ TO HOLD the above described and granted premises unto the ssdd MORTGAGEE, its sutcesson +nd +ssigns fwever. And the iaid ~ _ ~ MORTGAGOR for I+e:rs, exccu!ors, adminisrrstws and assigns, hereby covenants with the ssid MORTGAGEE, its successors snd ~ssigm, ~ that t~--~~r~- lawfully seized of the wid prem~ses in fee simple; that the s+me sre free, dear and diuharged from sll liens and encu~ trances in law or in equity, and that they W~p a~ t~l@1I Ixirs shsll warrant and defend the title to the same to the ssid MORTGAGEE, its succeswrs and assi9ns, faever sgainst the lawful ctaims and demands of sll persons; PROVIDED, ALWAYS that if the MORTGAGOR sh~11 pay unto the MORTGAGEE the promissory note hereiobefae described and shatl truly, promptly and fully perform, d:xharge, execute, complete, tomply with arxl ab"~de by each and every the stipulations, sgreements, cond~tior?s and covenants of sa~d ~ promissay note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be ~ull ~nd wid. IT IS UNDERSTOOD thst the word "AAortgsgor" whether in the singuta~ w plural anywhere in th~s Mwtgaye, shall be sirg~lar if one only and ' ' shall be plural jointly and severally if more than one, and that the word "their" aa used +nywhere in this JNort9sge shall be t~ken to mean "hit;' "hers;' or "its;' wherever the context w implies w admits. Also, that wherever the~e is a reference in the covenann and agreements herein contained to any of rhe pa~ties hcreto, the same shall be construed to mesn as well as the heirs, legal representatives, successws +nd asi~gm (either voluntary by sct of the ~ pariies or involuntary by operatan of the Iaw) of the same and that the covenants herein cont~iaed shall bind ~nd the beoefits end adwMS~es inure ro the respective heiri, legal representatives, tuccessors and ~ss~gns of the parties hereto. ~ And ssid Mwtgagors, for themselvea and their heirs, legal represent~tives, successors snd ~uiyrss, hereby joinsly •nd severally covenant and agree ;y ro and with the said MORTGAGEE, its successors and sssigns: 1. To pay d~ and singula~ the principal and interest and the wriovs snd sundry sums of mooty payabk by virtue of said promiuwy note, and this mortgsge, esch and every, p~omptly on the d+ys respectively the ssme uverally becorne due. ~ 2. To p~y ~11 snd singvlar the tsxes, auessments, levies, liabilities, obligations snd encumbrances of every nahrre and kind now on said dewibed ~ property, a that hereafter may be impoud, suffered, plxed, levied, o~ asseued the~eon, c~r that hereafter may be lev~ed w usessed upon tha Mortp- ~ age, w the indebtedness secured hereby, e~ch and every, when due ~nd payable, sccording to law, belore they become delinquent, •nd be(ore ~ny interest atraches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DtSCHARGEO OF ~ RECORD AND THE ORIGINAL OffICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE 7AX REtE1PT OR THE SATISFACTION PAPER OFFICIAiLY ENDORSEO = OR CERTIFIED) SHAII BE PIACED IN TME HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, ssYSfied and discharged sa'd MORTGAGEE may at any timt pay the same a any part thereof withovt waiving q affecting sny option, licn, equity or •~qht under or by virWe of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interqt ir~ the date thereof ontil paid at rate of ~~ne per centum per annum and togethe? w~th such inlerest shall be uc~red by the lien of th:• rtwrgtage. s ) B nx22~ v~rc 7~~ ~~~1- - ~ . _ - = _ _ .