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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 ~ 4 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. • i ~ Luc ie Cour?ty, Rlorida I ~ ; ~ ; r-R ~ l- i E ~ ~,'S~ !~-J ~ 1 .r ~ CAM~`' ~v ~'l ' 0 0 1 U '"E 00 ~,=3 ~ QZ 4 ~E~~ ~F E~ 31'1;~~~ L ~ ~ i 3'M~ ~ ~`f' ~ r 8. , ^l`!`(5~1~ ~ Y~a ~ n c•~ " t4~ti o? gf~l~ 1!) i t~ ~ _ • •~~iqY:'lP,! _ . C {"?~E~~ f ppt~lM[T TO Gt+Ac'."t 7t-1~!. A::iS OF ly)L~~ l/ i Ra6ER POIiRl19 ~ ~ a~ ~uat, st. wG~ c~4 ~ • i - 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 i 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,