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HomeMy WebLinkAbout1275 T ~ 26960'7 THIS fNDENTURE, Made rlie ~~8th da of NOV mb@1 Y - ~ A.D. 19.Z3_, 6c~++een Marqe K. Uur~klee, a single adult of St. L1~1@ Covnty Flprida, hercinafter des~ynateJ as ths '"MCtiRTGAGOR," and FIRST FEDERAL SAVlNGS ANp IOAN ASSOCIATION OF fORT PIERCE, • corporat~on oryani:ed and ex~it~ng under ~he lawe of the U~~ted Su~os of /tmerica and having ih principal place of busineu in tM City of For~ P~e~ce, St. lucie County, Florida, hereinafte~ designated as tM "MORIGAGEE:' WHEREAS the MORTGAGOR is juiNy indebtcd to 1he MORTGAGEE io the s~m of E 1~~~0•~ -.'good and lawful money of thr Un;ted States advanced by thr MORTGAGEE umo the MORTGAGOR, as ev~den~zd by a ce:~a~n promiuory n.rte of ever~ date herewirh, of wh:ch tlie fo~low~nq in woidt and liqu~es is a tr~e copy, fo-w~t: s 18,000.00 N,_~( Q20549 Fwt Picr~q flor:.ia, November 28 ~9_~ For vatue received, 1, we w either of us, p~om~se to pay, wi~hout defa'.c~t~o~i, to ~he order of FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORi PIERCE af faf Pierce, Flo~ide, ~he sum of S-__- 18l~0•~ _ with intcrest iram date at ~he rafe o~e~eS_°o per annum, in moNhty ~nsra~t- ments as fo1!ows: S_. 155.00 ~ t~ 2(~t22da o~' January 1974_ e Y _ nd a like s~m on the correspondmg day of each month ~here- aFrea un?il the whole be fuNy pa~d. Eath installment first shal) be applied in payment of the iMe~est and then on the unpa:d balance of the prinupal sum. If default is made in the pay+nent OI any installmeM when due, and such default tontin~es 30 days, then a1 ~he opt~on of the hotder, and without any other not~ce, atl the remain~ng ~nstaflmen~s shall be due and payable at orue. Privileqe is given to prepay this no~e in whote or in pa~t al any time without penalty. Neither forebearance, nw accep/ancs by the ho;der thereof after any default in any paymems hereon, shall be deemed exteniwn. A late paymeM charge of 7!75 shall be addzd ~o each instaltment remaining unpa~d 7 days afte~ its due date, and a I~ke su~n shall be added to each such insiaV~ment re~naining unpaid 7 days after each avlteeding payment date. fach maker, surety and endorsea heieoi, jo~nNy and severally, waives drmand, preSemment pratest and notice of p~otesf fo~ nonaayment, and iurther agrees to any extension of t~me of payment, either b>'ore or ait~r maturi!y, without not;ce to any of us; and to pay all costs of co~lection, includ:ng a {easonable attQrney's fee in the event of any defauit hereunder, and he~eby severatly waives at! be~mfit of homestead and exempfion under the constitution and taws of each Stare of the Vnited States. as against this obG~ation o~ any exiens~on or re~evial hereof. Witness tlx hand and seal of each party. s/ Ma.rge K. Dunklee, a singl~EA~)- M~ ~R ~ i0 ~ W~~, aa u~ t ~S~A~~ tsEai) Y • _ . . ' 27 ~ ~ State Revmue ' • t~~~ ~sea,~g,,c aa~s~ aa a~prar~0) . ~ ~ ' 18 000 OU NO'JV, THEREfORE, the MORTGAGOR fw the purpose of ucuring p~yment of said ~um of i and the performance of fhe covenanrs and agreeme~ts hereinalte? exp~essed, and fw divers good and valvable considerat~ons, by these presents, dces grant, bargai~, sell, remise, release, coovey and confirm unro the MORTGAGEE, its successors and ass~gns, all that certain lot, piece or parcel of land, ~ituate, lyi:ig, and befng in fhe ~ounty of $t . L uc ie and 5tate of Florids, desvibed es fof(ows: Apartment No. 204, Building III, of ISLANll ~USE OONDOMINIUMS PHASE I, according to the lleclazation ot t:ondomini un arid aii ~xi~iuii.~ thereto dated May 23, 1973, recorded May ~9, 1973 in Official Records Book 214, Pages 1858-1933, of the Public Records of St. L.ucie County, Florida, together pith all of its appurtenances accoxding to said Declaration of Condominiun and all exhibits theYeto and together ~ith all tenements and hereditaments thereto belonging or in anywise appertaining to said apartment. Si~JECT to the terms, covenants, agreements, obligations and provisions of said Declaration of Condominium and all exhibits thereto ahich the Mortgagor in all things does covenant to Mortgagee faithfully to observe and perform. ~ STATE ~l_.~ ~ ~ OGCUMENTAitt:~°-:.;.,STI;M? ;l.> j Z Q~ IN PRYlAEM OF TAXFa c~ ~EvT. ~JF REYE'iUE ,c~~ - - ( RfCE1VED Z-c~ ~ ° - _ - - -.~:"s4'i~~'~ 2 T O Q ~ qJE ON CIASS'C' INTA~~GIBLE PERSQYAL PRt?PER`n. N = P.B- - ~ p~jg$~IAMT TO CFiZ?'f° 71-13d. ACSS OF 19)1.~,~ = ~t~0? ° f:C! E~ ?'JIT~P'; ~ . CIERK CIRCUI~ CGilRt. ~f. ZuL'R CO.. F1/1. rogether witb aIl and aingulsr the tenements, hereditaments and appurtancea thereunto belonging w in s~ywise appertaining tF?ereto, end all rents, issues, proce~ds and profits accruing and to accrue from said premius, all of which are included in the sbove snd foregoing deuription and hsbendum. TO HAVE AND Tp NOID the above described and granted premises unto the uid MORiGAGEE, its succezson snd assgns forever. And the said ~'ORTGAGOR for -her------- heirs, executws, admin~strarors and assigns, hereby covenants with the ssid MORiGAGFE, ;ts successas ~nd assigro, rhaf IawfuNy se~zed of the said premi~es in fee simple; that tbe same s~e free, clear and dischargeci from all liens and encvm- brarxcs in law or in equity, and that SZle y„~~~ a~ hBY heirs shall warrant and defend the title to the same to the said M,ORTGAGEE, its successors and assigns, forever agains! the lawful claims and demands of atl perwns; PROVIDEO, AlWAYS that if the MOR7GAGOR sha11 pay unto the MORTGAGEE the p?omisswy ~ote herainbefore desuibed end sFutt truty, promptty and futly perfwm, discharge, extcute, complete, tompty w~th and abide by each and every the stipulations, agreements, conditions and tovenants of said prom~sswy nate and of this JNortgagr, then this Mortgage and the Estate hereby veated shs~l cease and be null and void. IT IS UNDERSTOOD that the wad '"Matgagor" whether in the s~~gular w plural snywhe~e in thii Mortgage, shall be ai~gular if one only and shall be p~ural jointty and severady if more than o~e, and that the wwd "rheir" as used anywhere in !h)s Mo»gage shaU be taken to mesn "his,' "hers," or "its," whereve~ the co~text so implies w admits. Also, that wherever there i~ a refe?ence in the covenants and sgreements here~n contained to any of ~ ~he parties hereto, the same shall be construed to mean as well ss the heirs, leyal representatives, tuccesson and assigns (either votuntary by act of the~ pariet or inroluntary by operat'an of tht law) of the same and that the covenants herein contained shall bind and the benefiri and advantages inurer ro the respective he~rs, legsl repreuntatives, successors and ass~gns of the parties hereto. rV And said Mortgagors, for themselves and their heirs, legal repreuntatives, successws and assigns, h~reby jointly snd severaf(y covenant and agree~ ro and with rhe said MORTGAGEE, ;ts successors and assigns: ~ 4 1. To pay all and singular fhe principal and interest and the various and sundry s~ms of money payable by virtue of said prom~swry note, and this mortgage, each and every, promptly on the days respect~vely the same severally become due. 2. To pay ell and singvlsr tF~e taxes, assessmenfs, levies, lisbil~ties, obl~gations and entumbrances of every nature end (cind now. on said described~ property, or that hereafter may be imposed, iuffered, plxed, levied, or auessed thereon, a thst hereafte~ may be levied w usetsed upon this Mwtg~ age, or the intfebtedness secured hereby, exh and every, when due ~nd payable, according to law, betae they become delinquent,.snd before any interest x art~ches or any penalty is incurred; AND (NSOfAR AS ANY THEREOf IS Of RKORD THE SAl1AE SHAIt 8E PROMPTIY 5A715FlFD AND DiSCHARGED OF ~o RECORD AND THE ORIGIfyAt OFFICIAI OOCUMENT ~SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR THE S.~TISFACTION PAPER OfflCiAllY ENpORSED Oa4 OR CERTIfIED) SHALL BE VIACED IN THE NANDS Of $AID MORTGAGEE WITHIN TEN DAYS NFXT AfTER PAYMENt; and in tF~e event that any fh~reof is no1 pa~d, saYsfied and discha.ged sa"d MORTGAGFE may at any t~me pay the same or any part thereof without waiving or affect~ng any option, lien, equity w •~qht under w by virtue of this morrgage and the full amount of each and every svch paymcnt shall be immediately due a~d payable and shall bear interest <<om the date ther~f uMi! pa:d a~ rate of nine per centum per annum and together w~th such interest shalf be secured by ~he leen of fh:s morgtaye.