HomeMy WebLinkAbout1132 2~36~5 ~
~ THIS IN~ENTURE. Made the 28t h, d,Y of =_T__,_Janua,r,~ A.D. 19 7
barween
Robert A. Schreiber and Phyllis M. Schreiber, his wiFe
of St• j,~1C7° , Covnfy florida, hercina/te~ desgnated as ths "MORTGAGOR," and F:RST FEDERAL SAVINGS AND IOAN
ASSpCIAT10N OF FORT p1ERCE, a corpwation a9a~ized and exisring undr. tF~e laws of the Un~ted Sute~ of Amer;cs a~ havi~g i» principal place of
busi~eu in ths City of Fort Piacs, St. lvcie County, Florid~, hereinafte? dea~gnat~ a~ the "MORiGAGEE."
WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of S- 2O ~~0' nocd and lawful money of the Un:tcd
States adranced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a ceriain promissory note of even date hcrawi~h, of wh~ch the following in
words and figures ii a v~ro coPY, to-wifa'~ " r.: ~
t 20,~•~ - ~ 10020614
Fort Pieres, Fio.~da, -lanuary 28 1974
Fw vatue received, 1, we or either of us, p~omise to pay, withou? defalcafion, to the order of FIRST fEDERAI SAVIIVGS AND IOAN ASSOCIATION OF ~
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FORT PlERCE at Fort Pierce, ~lorida, the sum of •j 2O ~ w~~h fnteres~ fran date at the rate of ~~'o pcr an~.um, in monthly install- '
172 00 20th May 74 ~
ments ss follows: S ' on the day of 19 and a like sum on the cwrespond;ng day of each month there-
a4ter until the whole be fully paid. '
Each instaltment first sha~l be applied in payment of the interest and then on tFx unpaid balance of the prindpal sum. If default is made in the
paymen> of any insrall~nent whan due, and such default continues 30 days, then at the option of the hotder, and ~vithout any other notice, all the rema~ning s
installments shail be due ar.d payable at once. Privitege is given to prepay this note in whole w in part af any time without penalty. Neither forebearance,
nor acceptance by the holder thereof after a~y default m any payments hereon, shall be deemed extension. A Iate payment charge of f 8• 6O , sha11 be ;
added to each i~statlment remainirg unpa;d 7 days alte? its due date, and a:ike sum shall be added to each such instaliment remaining ~npaid 7 days afttr ;
each succeed~ng payment dare. ~ j
Each maker, surety and endorse~ hereof, joinl{y and severally, waives demand, presentment protest and notice of protest fw nonpayment, and furthe~
agrees to any eatension of time of payment, either before o~ after matu~ify, wi?hout notice fo any of us; and to pay all costs of collecrion, inctud~ng a
reasonabte atforney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and eacmpf~on u~der the conatitution
and laws of each State of the United States, as against this obligation w any extens+on w renewal hereoF.
Witneas the haod and seal of each party.
Rot~ert A ~ ~-hrE,sihe* (SEAI)
(SEAL)
(SfAI)
s Phyliis M . Schreiber ~S~u
~ S 30.00 ) State Reven~e
(Srwnpt taneelled~on ~or'sgirreF-note)
NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payme~t of said sum of = 2O sr+d the performance of the
covenanta and agreementa hereinafter eapressed, and fo? d~vers good and valuabte considera~ions, by thex presents, does gronr, bergain, sett, rem~se,
release, convey and cortfirm unto tbe MORTGAGEE, its successors and assigns, all thet ce~tain lot, piece or parcel of Iand, situate, lying, and being in the
County of St . Lue ie a~d State of Fbrida, dexribed ~s follaws:
Lot 28, Block 143, LAf~EWOOD PARK UMIT 11, as per plat thereof
on file in Plat Aook 11, Page 32A, of the Public Records of St. •
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~ Luc ie Cour?ty, Rlorida
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f ppt~lM[T TO Gt+Ac'."t 7t-1~!. A::iS OF ly)L~~ l/
i Ra6ER POIiRl19
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together with all and singular the tenements, hereditamcnts and appurtances thereunto belonging w in anywise appertaining thereRO, and a0 ~enrs, issues,
proceeds and profits accrving and fo accrue from said premius, all of which a?e irxluded in the above and foregoing deuriptwn and habendum.
' TO HAVE AND TO ljOl~ the above described snd granted premiua unto the said MORTGAGEE, its successo?s ~nd usigns forever. And 1Fw ssid
their
MORTGAGOR for lxirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its svcceuors ~nd assipro,
rhat _ the~ dIQ ~awfully seized of the said prem~ses in fee simple; that the seme are free, clear •rid discharged from all liens and rncum- ~
brences in law or in cquity, and thst they " N,q~ a~ tl]ei r heirs ihall warrant and defend tha title to the same to tAe ssid
MORiGAGEE, ifs successors and assigns, forever agairtst the lawfu! claims and demands of all persons;
PROYIDED, ALWAYS that if the MORIGAGOR shall pay unto the MORTGAGEE the promissory note Fxreinbefo?e desuibed and shall truly, promptly
and fully perform, d~scharge, execute, complete, comply wifh and abide by each and every the stipulations, sgreements, conditions and covenants of said
promiasory note and of this Mortgage, then this Mortgage and the farate hereby crested ~hall uase and be null and void.
tT IS UNDERS7pOp that the word "Mortgagw" whether in ti~e s~ngular w plura) anywhere in this Mortgage, shall be singular if one onfy snd
shall 6e plurel jointly and severally if more than o~e, and that the word "their" as used snywhrre in this Mortgsge shall be taken to mean "his," "hen," A~
or "its;' wherever the context w implies or admits. Also, that wherever there is s reftrence in the covenants and agreement~ irorein contained to any of '
rhe parties hereso, the same shal) be construed to mesn as well as the hei~s, lega! representatives, successors and assigns (either voluntary by acf of the
parties o? invol~ntary by operstan of the law) of the same and that the covenants herein contained shall bind a~d the btnefits snd advantage~ irwre
ro the respective hein, legel representateve:, sutce~sors and sss~gns of the parties hereta _
Arx! said Mortgsgors, fw lhemselves and their heirs, Iegal representatives, successors snd assigns, hereby jointly snd severally covenant and agree ~
to and with the iaid MORTGAGEE, its successors and assigns:
1. To pay all and singufsr thc prirxipal and interest and the various and sundry sums of money payable by virtue of isid promissory r.ote, a~d this ~
mortgsge, each end every, promptly on The dayf ~tspectively tF~e same severally become dve. ~ ~
2. To psy a)1 and s;rgu)ir the taxes, assessments, levies, liabitities, obligations and encumbr~nces of every narure and kind ~ow on sa~d dewibed A
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property, or that hereafeer may be imposed, suffered, placcd, levied, w ascessed thereon, or tMt hereafta may be lev~ed a assessed upon this Mort¢ r~l
age, or the indebtedness sec~red hereby, each ~nd every, when due arrd payable, xcading to law, before they become delinqvent, and before any interest ac~
attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF !5 Of RKORD TNE SAME SHAIt BE PROMPTLY SATISFIED At~iO DISCHARGEU OF C~
RECORO AND THE ORIGIhAI C)FFICIAI UOCUMENT (SUCH A5, FOR IN$TAfvCE, THE TAX QECEtPT OR THE SATISFACTtON PAPER OfFtC1AtLY ENDORSFD
OR CERi1FIED) SHAtI BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
pa:d, saYsfied and discharged sa"d MORTGAGEE msy at any time pay the same or any part thereof witheut waiving or affecting any optio~, lien, tquity or
•~qht under or by virtue of this morrgage and the full amovnr of each a+~d every ~uch paymenr sF~sU be immedistely due and payable and shall bear interest
~•om the date thereof until pa~d at ~aie oi n~ne per cen?um pe~ annum and together w;th s~ch inte~est shall be secured by the lien of ~h'i morytaye,