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Home My WebLink About1574 ~ ' . , . . . 2'~397'7 ~ ~ ' • . THIS INDENTURE. Made the 30th day of Janua ry A.D. 19 74 betwee~ Walter F. Straub and Patricia J. Straub~ hia wife of St . Luc i e Cp~~~y Florida, her~i~after des+gnated as the "MORTGAGOR," ~nd FIRST fEDERAI SAVINGS ANO IOAN ASSOttATION OF fORT PIERCE, • corporatio~ wysni:ed and ex~siing under the laws oi the Un~ted Sta~~t of Arn~ric~ •nd havirp iri p?incipal pl~ce of busintu in ?he Ciry of Fal Pierce, St. lucie County, Florida, hrrsioafte~ designated. ei tM "MORiGAGEE." WHEREAS ths MORTGAGOR is juitly indebted to fhe MORTGAGEE in the sum of S 34+~~'~ . good and lawful money oi ihe Un~ted States advanced by the MORIGAGEE unto the MORTGAGOR, as evidenced by a certa~~ promissay note of even date herew~~h, oi wh~ch the followin9 in .nordi •nd figures is a trw copy, ~o-wir: ~ E ~O . ~ • 10020617 Janua ry 30, ~y 74 ! fort Pierte, flwids, ior value received, f, we or cithe~ of us, prom~se to pay, without defalcation, to the order of FIRST FEUERAI SAVINGS AND LOAN ASSOCIATION OF + r~ FORT PIERCE at Fwt Pierce, Fbrida, the wm of S 34~~~'~ with interest from datc at 1he rate of9!2~b per annum, in moNhly install- ~nents as follows: i 292 on the 20th d~y af Nay ~q_~4 and a I~ke sum on the cwrespond~ng day of each month therr afrer until the whole be fully paid. Each installmrnf (irst shall be applied in payment of the interest and fhen on the un{iaid ~alance of the p?inupal sum. If default is msde in the payment of any inatallmcnt when due, and such default coNinues 30 days, then at the option of the holder, and without any other notice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note i~ whole w in part at any time without penalty. Neither fwebearance, nor acceptance by the Falder thereof after any defautt in any payments herron, shall be dermed extension. A tate payment charge of S~.Q, s1~a11 be ad3ed to each inatallment remaining unpaid 7 days after ita due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, prese~tment protest and notice of protest for nonpayment, and fu~ther agreea to any extension of time of payment, either before o~ after marurity, withaut nol~ce to any of us; and to pay all costs of collection, includ:rtg a reasonable attwney"s fee in the event ot any defauY he~eunder, and hereby several~y waives all be~efit of homestead and exemptio~ under the constitution ~;~d laws of each State of the Un~ted Sta~es, as against fhis obligation or any extension or renewal hereof. Witneu Ihe hand and seal of each party. ' (SEAI) ~ ~ ~ S/ Walter R Straub (SEAI) csE,su S Patr cia J. Straub ( ~ $1. 00 ) State Revenue a~ps~.+oa~~~ NOW. THfREfORE, the MORTGAGOR fa the purpose of securing paYment of said sum of S 34 ~~0 and the pcrfwmance of the cuvenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presenfs, dces grant, bargain, sell, remise, re;ease, convey and coniirm unto the MORTGAGEE, ifs successws and auigns, all that certain lot, piete or parcel of land, situate, lying, and being in the County of St. Lucie and State of Florids, dewibed as followi: Lot 15, Block 302, PORT ST. LU~'IE SECTION 2, as per plat thereof on file in Plat Book 12, pages 12A thru ~ 12D, Public Records of St. Lucie County, ~lorida. i i e _ ! - ~ s . i ~ 5~-~,T~ ~LC~~~~;1 ~ ~ = ~ DOCUMENTAKY SjIaM~ ~ IN PA~'.:Fi~tT Ci j?~ ~ DEPi. .~i ,t~vErruE. _ I Dl~ ON Cl11SS'C INTANGIPLE PE`.~O~v~t P!~"'ER11~ . ~ ~ N_ Pe. = fE~-5'7~ ~it.;#.~-~ ~~J I. O O! PIIRS~IIWT TO ~E~ TS OF ly)1~~" ` a ~~i~oz_ ~ aWitT ~T. tJ1Cif 00, AA. ~ ~ ~ ~ • ~ ~ ~ . ~ ~ ~ ~ ~ • _ rogNher with slt a~d s~agular the tenements, hereditaments and sppurtsnces thereunto belong+ng w in anywise appertaining thereto, and ell rents, iuues, i proceeds and profits xcru~ng and to accrue from said premises, all of which are inclvdeci in the above and fwegoin9 dexription and habendum. ~ TO HAVE AND HQID the abave described a~d granted p~emixs unto the uid MORTGAGEE, its successon and sssigos forever. And the ssid ~ MORTGAGOR for -~~el r---- e:ecutws, administrators and assigns, hereby covenants with the s~id MORTGAGEE, its tuctessars and auigm, F they are ~ +hat lawfully seiz of the said premises in fee sirqple; that tFro same are free, clear •nd discharged from all lien~ and encum- ~ b.anccs i~ !aw o~ in equity, and thst t~ey w;11 and thel r heirs shall w~rranf and defend the title to the same to she said h10RTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all persons; PROViDf~, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate hereinbefwe deuribed and shall truly, prompHy ~wi and futly ptrform, dixharge, execute, cwnpkte, comp~y with and abide by each and every the stipulations, ~grcements, conditions +nd covenants of tsid promissory note and of this Mortqage, then this Mortgage and the Eatate hereby created shall ce~se and be null and void. ` IT IS UNDERSi00D that the wwd "Mortgagor" whethcr in the s~~gufa? or plural anywhere in this Mortgsge, shall be singular if one only and 1 ~ shsll be plunl joimly ~nd severally if more tban one, and thst ~he wwd "tbeir" as used anywhere in this Moatgage shall be taken to mean "his;' "hen," _ or "its;' wherever the context w implies ot admits. Alw, that wherever ~here is a reference in the covenants and ayreements herein contained to any of~ t the parties haeto, the same shall be construed to mean ss well as the heirs, legal representatives, successors and assgns (either yoluntary by act of the ~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and ~he b~nefin and adwroage• ioure T.~ ro the respective heirs, legal representatives, successors arsd au~gns of the psrties hereto. ~ ' And ssid Mortgsgors, for themselves and their heirs, legal representatives, successo~s snd assig~s, hereby join~ly a~d uverally covenant and agree ~ fo and with the said NWRTGAGEE, its svccessors and assigns: 1. To pay all and sinyular the principal and interest and the varlous and sundry sums of money psyable by virtue of said promissory note, and fhis ~ mortgagc, each and every, promptty on the days respectively the same severally become due. ~1 2. To pay all a~+d singular the taxes, usesunents, levies, liabilities, obligstions and encumbrsnces of every natvre and kind now on iaid dewibed ~ prope?ty, or that hereafter msy be imposed, s~ffered, plxed, levied, or assessed thereon, or tFwt hereafter may be levied or asussed upon this Mort¢ csc ' age, w the indebted~eu sccured hercby, each and every, when due and payable, accwd'+ng to law, beiwe they become delinqueM, ~nd before any i~teres~ ~ - atraches or any penalry is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SNAII BE PROMPTIY SATISFIED AYD DIS~HARGED OF v~ - RECORD AND TME ORIGINAL OFFIC!Al DOCUMENT (SUCH A5, FOR INSTANCE. THE 1AX RECEIPT OR THE SAi1SfACTION PAPER OFFICIALLY ENOORSED OR CERi1FIE~) SNAII DE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sst'ffied and discharged u:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equity q ~~aht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediarely due and payable and shall bear interest ~~om the date thereof until paid at rate of n~ne per centum per annum and together w;~h iuch i~terest shall be ucured by the lien of th:s mwytsge.