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Home My WebLink About2125 . ~ 2`70241 ~ ~ THIS IrlDENTURE. N1ide tFw dth _ d+y oi ~cember A.D. 1973- bei~esn ~lichael J. ~'edorowicz and Karen A. Fe ro 'ci •w o~ St. Lucie County Flwida, hereinafter desgna~ed ai tAe "MORTGAGOR," snd FIRST FEDERAL SI?VINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation oryanized and exitting unde~ Ihe laws of the Unlted Statas of,Ameriu and hawirq its p,r~+ncipa! place of ' business in tha Ciq oi Fo~t Piace, St. lucie County, flaid+, hereinaher des~goated as tM "MORiGAGEE:' ` WHEREAS the MORTGAGOR is justly indebted to tM MORTGAGEE in the sum of s 30~ 600.~ and lawful money of the Un:ted Sfates advanced by the MORTGAGEE unlo the MORIv.'.~OR, as evidencrd by a cer~a~n prom~ssay note of e~en date he~ewith, o! v~hich the follow+ng in , wwda and figures is a tr~s copy, to-wit: ' f 30,600.00 ~ 10020557 fwt Pierce, Plwida, ~Ce~ber 4~ ~q~_ Fw val~ received, I, we or cither of us, promise to pay, without defalca~~o~, to lhe orde~ of FIRST FEDERAI .`.AVINGS~ND IOAN ASSOCIATIOIV OF FOStT PIERCE at Fort Pierce, flo~ida, the sum of = 30;600~~~ ,~,,;~h inrerest from date at the rate of _~5~ pe~ anr.um, in monthly install- ments as ~ol!ows: S? 68 on the ZOt •'tlay of Janua ryL ~q 74 and s Iikr sum on the correspond~ng day of each month there- after unti! tFk who(e be ful~y paid. Each installr~en! first sRall be applied in payment of the interest and then on the unpaid balance of the prinupal sum. If deiauh is made in the ~ayment of ~ny imtall.r.eN when due, aod such defauh continues 30 days, then at the option of the holder, and without any other notice, ail the remain~ng ~~:staflments shafl be due and payab;e at once. Priv~lege is given to prepay fhis rtate in whole or in part at any time vrcithout penalty. Neiiher torebea~ance, nw acceptance by the hofder thereof afre~ any default :n any payments hereon, shall be deemed extens+on. A late payment tliarge of S 13. 40 shall be >dded to each inatallment remaining unpa~d 7 days after its dx date, and a I~ke aum shall be added to each such instaltment remaininq unpaid 7 days after each succeed~ng payment data . Each maker, surety and endwser hereof, joinNy artd severally, waives dem~nd, presentment protest and no~ice of protest tor nonpay~~ent, and furfher agrees to any extension of t~me of payment, either before or after maturity, without notice lo any of us; and to pay all costs of coltection, includ:ng a reasonable attorncy's Fee in the event of any de(auit hereunder, and F~reby scve~ally waives all be~efit of Famesread and exemption under ihe constitution and laws of each Srate of the United States, as against this obligatior, or any eatensioo or renewal hereof. W~tness the hand and aeal of each party. (SEAI} /s/ ?Nichael J. Fedorowicz ~~Ay (SEAU /s/ Karen A. ~'edoroxicz { 545.90 i State Revenue (~swwo~Nei~ ~rie~insl-nste) NO'~IV, THEREFORE, the MORTGAGOR for the purpou of securing payment of ssid sum of j 3O ~ 6~' and the pcrformance of the covenants and agreements he~einafter expressed, and far divera good a~+d valuab!e considerations, by these presents, dces grant, barga~n, sel1, remise, reEeax, convey and confirm unto the MORTGAGEE, its successors and assig~s, ali that certai~ lot, piece or parcel of land, situate, fying, and being in the County of St . Lue ie end Srate of Florida, desu~bed ss follows: Lot 2, Block 7, SURFSIDE - Ut~~IT Ot~E, as per plat thereof on file in Plat Book 10, page 17, of the pub2ic records of St. Lucie County, Florida ~ R 1l."~~ ~ ~ ~ - cn ~1F ~ S~HM~'r__ ~ . li~ ~v~~~~l~ OF iAl(~+S ~T A j p,R1 gE~~~~~fo ~ _ D~CVME~y~HVE ~~i~- ~ 5. ~ ~ DdE v'i CiA~ INill;lC!BlE PE~ ~Yi:~At ?ROPERNY 02 _ v~pt uf rE ,E~ ~1•133. 11Cis OF 191L , ~ 1 c •t~ ~ ~ ~aNi ~0 CHAP' , l p ~ _r~,,• ~ FURS' ~ER POt1RAS v ~ ~ ?e ~ftfi C1f~ClI~T COUR7, Si. Ll1Cff ; = c~ " c i " rogether with all and sirsgular the tcnements, hereditaments and appurtantes thereunto belonging or ~n anywise appertaining therefo, end all rents, iuues, proceeds and profts accruing and to accrue from aaid premises, all of which are irxluded in the sbove and foregang description and habendum. TO HAVE ANO TO HOID the above described and granted premises unto the said MORTGAGEE, its successas and assigns forever. And the said ` their r ti!ORTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the taid MORTGAGEE, its successo?s and ~uigru, ,hat _th~_are___ ~aWf~~iY seited oi the said premises in fee simple; that the same are free, cka? ~nd discharged lrom all liens and enturt~ ~ ~rances ~n taw or in eq~ity, and rhat_ the}L_ will and their heiri shall wsrrant and defend the title to the ume to the ssid 'rORTGAGEE, ifs successors and assigns, fw.ever against the lawful daims and demands of all persons: PROVIDED. AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shstf fru[y, promptty ~^d ~uily perform, d~scharge, execvte, comptete, comply with and abide by each and every ihe stipulations, agreements, conditions and covenants of said ~•oT. sscry nore and of th~s Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be null and void. IT IS U'~DERSTOGD that the word "'Mongagoi' whethcr in the s~ngular w plural anywhere in ~his Mortgsge, ~hall be singular if one only and sha'.' be p:,;ral jo~ntly and severatly ~f more than one, and that the word "their" as used anywhere in th~ Mortgage shaU be t~ken to mean "his;' "hers," ~T~ c. •";ts,' vtihe.ever t!~e context so implies w admits. Also, that wherever the~e is a referente in the covenann snd sgreementa.ixrein contained to any of ~~+e oarr~es herero, the same shalt be construed to mea~ as well at the heirs, legal representstives, iuccessors and asaigns (either volunury by act of the ca~t~es or invo!untary by operation of the law) of the same and that the covenants herein tontained ~hall bind and the btnefits and advantagq inure ~ •o the respective he~rs, legal representatives, successo?s a~d ass'gns of the parties hereto. ~ And said Morfgagors, fw themselves and their heirs, legal representativea, successors and auigns, hereby jointty and severally covenant and agree ~ ~o and wirh the said MORTGAGEE, its successors and assign~: 1_ To pay sll and singular thc principal and interest and the variaus and sundry sums of money paysble by virtue of said promissoty note, and ihis ~ mortgage, each and every, promptly on the days respedively the same severally become due. ~ = 2. To pay all a:+d singular tFx taxes, aucssments, levies, liabili+ies, obligstiona and enc~mbrances of every nature and kind now o~ said described ~ ~ properTy, w that hereafter m~y be impoted, suffered, placed, levied, or ~uessed thereon, p that here~fter may be levied w esussed upo~ tF?is Mort ~c j 9' ~ age, or the irxlebtedness secured hereby, each s~d erery, when due and psyable, ~ccording to law, befwe they become delinquent, ar?d befo~e any intere~t ~ atraches a any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII 8E PROMPILY SATlSFIED AND DISCHARGED OF RECOAP AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS. FOR INSTANCE, TNE TAX RECEIPT .£r't THE SATISfACTIQN PAPER OfFICIALLY ENDORSED = OR CERiIFIED) SHAII BE PIACEG IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereo( is not pa~d, sat"sfied and discharged sa'd MORTGAGEE may at any t~me pay Ihe same w any part thereof without waiving or affecting any optioo, lien, equity w ~~~ht under w by virtue of ~his mortgage and the tull amount of each ~nd every such payment shall be immediately due and payable and shall bear interest ~•om the dare thereof uroil paid at rate of n~ne per centum per annum a~d together w~th such interest shal! be securad by the lien of th:s morgtaye.