HomeMy WebLinkAbout1527 269803 ~
THIS INDENTURE, M~d. ~h• '~'~9th d•y of Novenb,~r • A.O. T9 berween
Bernard Rubin and June Rubin, his wife
of St .~liCi@ County fforid~, I+Keinaft~ designatad as ths "MORTGAGOR," and FIRST FE~ERAI SAVINGS ANO tOAN
ASSOCIATION OF FORT PIERCE, a corpor~tia~ o~p~nized and ex~s~i~ under ~M laws of 1M U~itad 5tat~s of Arn~rka and Mvirp its p~.incipal pt~ce of
buunKS k~ tM Ciry of Fwt Parc~, St. Luci~ GouKy, Fbrida. Mr~inaher daipna~ed ss tM "NtORTGIIGEE."
WHEREAS ihs MORTGAGOR is jwtiy iixlebted ro the MOQTGAGEE in ths tum of s 26•~~+QD good and lawful money of the Un~ted
State~ advanced by ths MORTGAGEE unlo th~ MORTGAGOR, as evidenced by e certain promiuory note of even date he~ewith, of which the following in
words and fipwes i~ a true copy, towit:
~ 26s000.00 ~ 10020551
P;~,n. Novenb~er 29 ~y_~~
for val~e rcceived, 1, we or eithe~ of us, promiu to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PlERCE at Fwt Pkrce, Fbr+ds, the sum of ~ 26 ~~0• O0 w~th in~erest from dat~ at the rate of 9• 25°,r, per annum, in manthly install-
ments ss lollows: S?~9 on the 2Ot~ay o{ Janu8ly ~9 7'4 and a like sum on the c«responding day of each month there-
after until the wAole be fvlly paid.
Each installment tirst shall be applied in payment of ths interest and then on the unpaid balance of the princ+pa! sum. If default is made in the
payment of a~y installmenf wF~en dve, and such defavlt continues 3Q days, then st the oplion of the holder, snd without any other notice, all the remsining
~nstatlments ahall be due and payable at once. Privilegs is given to prepay this note in whole or in part at any time without penalty. tVeit!?er forebearance,
~w atceptance by the ho{de~ thereof after any default io a~y paymenfs hereo~, shall be deemed extension. /l tate payment charge of ~1 .95 , shall bs
added to each insraNment remaining unpaid 7 days afler irs due dale, and a like sum shall be added to each such i~tallment remaining unpaid 7 days after
each sutceeding payment date. ,
- Esch maker, surery and endo.se~ hcreof, jointly a~ severally, waivcs demand, preuntment protest and notice of prote~t for nonpayment, and funher
ag~ees ro any extcnsion of time of payment, e7ther before o? sfter maturity, wifhout not~ce to any of us; and to pay aU costs of col!ection, includ~~g a
reasonable attwney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and exemption under the co~stitution
a~d laws of_ each State of the United States, as aga:rtst tkis obtiga~ion or any extension or reoewal hereot,
Witnesa the hsr+d and seat oi each party.
S/ Betnazd Rubin
- 5 June Rubin
cs~nu
( a~~.~..~_) State Reve~ve
tsqt~f~l~s~eolldasadg0okmee) '
NOW, 7HEREFORE, the MORTGAGOR fw the purpose of securing payme~t of said sum of = 26+~0•0O and the performance of the
covenants aod ~greements hereinafte~ expressed, and for divers good and valuable considerstions, by these presents, doea g~ant, barga+n, se11, remix,
retease, convey and confi~m unto the MORTGAGEE, iri successors and assgns, all that certsin bt, piete or parcel of land, lituate, lying, and being in the
County of SL . LLICIe and State of Florida, described ~i fo~lows:
ApartnenL 203 of the COIANNADES CONDOMINIUMS NO. 5, accozding to the
Declaration of Condominium recorded in Official Records Book I97, page
1482, of the Public Records of St. Lucie County, Florida, as aa~ended
by instzument recorded in Officials Records Baok 198, page 996, of the
Public Records of St. Lucie Couaty, Florida, and further aaended by
instruaent zecorded in Official Recosds Book 208, pa.ge 781, of the
Public Records of St. Lucie County, Flozida, together with all appurten-
ances thexeto, together with an undivided interest in the coamon ele~ents
and lisited co~on eleQents thereof .
SUBJEC7 TO the teras, covenants, agreeuents, obligations and provisions
of said Declaration of Condominiun ~rhich Moztgagor in aIl things does
covenant to Mortgagee faithfully to observe and perfors.
~ ~ STATE ~F FLOR+~~ ~ ~ ~
' ~Z DOCUMEnTAR~~f~'~~ S~AMP il.x I '
°e-~ `O DEPT. Of REYENUf e~a ' ~y~ ~N p~~ p~ T~
~n p_ =~~:C-s'?s~?. ~ ~ ~ Dl~ ON CIASS'C Ii~fTAN61~ PER90NAt ~n.
- P.l.
a = u~o2 • ~ PUItSi1MiT TO diAPiER 7I-134, ACTS OF Igli~y~
. ROf.ER lOITRAS G"
CI.ERK CtRG!!i COURY. Sf. I.tIC1E 00, FiJI
i '
i tc~gether with all ~nd sirgular the tenement~, hereditsments snd app~rtances thereunto belonging w in ar~ywise appe?taininp there% and sll rents, issues,
proceeds and profits acuuing and to sccrue f+om said prcmises, alI of which sre incluJed in the abov~ snd fae~arg descriptia-. and habendum.
` TO HAVE AND TO HOI~ the sbove described and 9ranted prem'ues unto the said MORTGAGEE, ib successors and auigns fo?evtr. And tFw said
MORTGAGOR fw their exetutors, administrators snd ssigns, hereby tovenanh with the said MORTGAGEE, it~ succeasws end ~uiyns,
that they are Iawfully seized of the said premises in fee simple; that the aame are frse, ck~r and dischsr~ed from all Iicns a~d erKUm-
brances in law or in equity, and that tbeY W;~I tbelt hein sMll warranf ~nd defe~d the title to the sartts to the ssid
MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all perwns;
PROVIDED, ntwars ~j„t if the MORTGAGOR shsll pay ~nto the MORTGAGEE the promissory note hereinbefore desvibed and sh~U truly, ~omptly
and fully perform, d~scharge, execute, complete, comply with and s6ide by each and every the stipulaYwns, s9reemenri, conditiaa and cavenants of s~id
promissory rate and of this Nlortgsge, t??en this Mortgage and the Estate hercby vcsted slull usse and be null ~nd void.
iT IS UNDfRSTODa that the wud "Matgagor" whether in the s~ngular ot plun) anywhere in this Mwtysye, shall be siopvlsr if one only and
shalt be plur~l jointly snd sever~lly if more than w~e, and that the wwd "their" as used snywhere in this Mortyayt shall be take~ to mean "hu; "'hers,"
or "its;' wherever the context so impties or admits. Aiso, that wherever there is a refe?erxe in the cwenann ind sgreemenri herein contained to any of
the parties hereto, the same shall be construed to mean ss well si the hein, legal rrpresentatives, s:xcessas snd auig~u (either volunfsry by act of the
parties or involuMSry by operation of the law) of the same and that the covenants herein coRtained shall bind and the benefits a~d advaMages inure
ro the ~apective hews, Ieya) representatires, succeuors and ass~gns of the parties hereto.
, And said Mwtgagors, fos themxlves ~nd their hein, lega~ representativd, sucteuws and ~ssipru, F~ereby jointly and severally coven+nt and ayree
; ro and with ths said MORTGAGEE, its succeswn and ~uiyns:
1. To p~y ~II and singulsr the pri~cupal and i~taest a~d the vsrious and sundry wms of maxy psyabte by virtw of tsid prom~ssory ~ote, and this
mortyage, e~ch and every, promptly on rhe days ~esprctively the same severally become due.
2. To pay all ~nd singulsr the taxes, auessments, levies, liabilities, obli9atip~s a~d encwnkxances of every natw~ ~nd kind now on uid dewibed
; prope~ty, w that hereafter m~y be imposed, wffcred. pl~ced. levied. w auessed thereon, a that hereafter rtuy be levied w sstessed upon this IMort9-
age, or ths indebtedneu secured hereby, each s~d every, whpe dve ~nd payable, xcordin~ to law, befwe they become delinquent, and befor~ arry interesl
attathes w any pena~ty is incvrred; ANO INSOfAR AS ANY THEREOf IS OF RKORp THE SAME S11All dE PROMPTIY SATISFIED AND DISCHARGEO OF
RECORD AND THE ORIGIIYAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, Tlif TAX RECfIPT OR 1HE SA115FACT10N PAPFR OFFICIAILY ENDORSE~
OR CERTIfIfD) SNAII BE PIACED IN fiHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rat
paid, sat'sfied ~nd discharged sa:d MORTGAGEE may at any time pay the same or sny psrt thereof without waiviny p affectiny any option, tien, equity or
•~aht under or by virtve of this mortgage and the fu11 amount of eacb and every such psyment sh~ll be immediately due ~nd payabk snd shall besr interest
~•om the date thereof until paid at rate of nine per tentum per •nrwm and togather w~th such te st secur`~ of th:s morytaye.
_ . ~A6El~~ll~"