HomeMy WebLinkAbout1029 z~s~o3 ~
THIS INDENTURE. Made,he_ 26th dar o~ _ Februarv _ A.p. 1974 bet~een
Jacob A. Munyak and Jacqueline L. Munyak~ his wife
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of St . Luc ie Cp~nfy Florida, here~nafter desgnated as 1he "MORTGAGOR." and fIRST FEDERAI SAViNGS AND LOAN
ASSOCIATION OF FORT PIERCE, • cwpora?~on orga~ized and ex~sting unde~ ~hs laws of the Un~ted Statoa of Ame~ica and having its p~~~upal piace of
buuneu i~ ths City of Fwt Pieres, St. lucie County, Flwida, hereinaiter designa~ed as the "MORTGAGEE."
WHEREAS the MORTGAGOR is jus~ly indebted to ths MORIGAGEE i~ the sum of S 2~ ~ SOO. ~O 9~ and lawful money of the Un~ted
Sfates advanced by the MORTGAGEE unto the MORTGAGOR, as evidena•d by a certain pro~nissory no~e oi eve~ date herewith, of wh~ch the ioilawing in
wwds and (igures is a true copy, towit:
s 28 ~$00. UO No 1 OU206 SZ
fwt Pieres, F~wida, February 26 ~y 74 ~
For value ~eceived, 1, we w eirher of us, prom~sa to pay, without defa~cat~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIO~I OF
FORT PIERCE af Fwt Pierce, florida, the sum of S 2~ ~ 5~~•~~ v`irh interest irom date at the rate of8 ~75OO pe~ annum, in monthty i~stall-
~rents as fol!ows: 5235 . 00 0~ ~h~ 2~t h day of June 19_74 and a tike ium on the correspand~ng day of each month there-
aFter until the whote be fu~ly paid.
Each installmen~ (irst shall be app~ied in pay~nent of the interest and then on the unpaid Fialance of the pr~nupal sum. If default is made in the
Hayment of any instaliment when due, and such default coniinuea 30 days, then at the option of the holder, and without any other notice, all the remai~ing
~nstallments shall be due and payable at once. Privile~e is given to prepay this note in whole or in part at any t~me without penalty. ~ Neither forebearante,
nor acceptance by ~he holder thereof aftrr any defauh in any payments hereon, shall be deemed extension. A Sate payment charge of 9~ 1• 7 5 , shall be
~dded to each instailme~t remaining unpa~d 7 days after its due date, and a Iike svm shall be addrd to each such instaliment remaining unpaid ~ days after
each succeeding payment date. ~
Each maker, surety and endorser hereof, jointly and severally, wa~ves de:nand, presentment protest and notice of protest for nonpayment, and furlher
agreea to any extension of t~~ne of pay~nent, either before or after maturity, wi~ho~? not;ce to any of us; and to pay ap costs of co!lection, includ:ng a
r~~asonable atrorney's fee in the even~ oF any defauSt hereunder, and hereby seve.ally waives aIl benefit of homestead and exemption ~nder .the constitution
and laws of each State of the United Sta~es, as against this ob~igation w a~y extension or renewal hereof.
Witness the hand and seal of each party.
Sf Jacob A Munyak ~sea~)
. ~ cs~Au
Jac~ueline L_ htunvak (sent)
lSEAU
~ 42 • 7 5 1 State Revenue
(fi~~opa xaowNed~ s~atmse)
NOVV, THEREFORE, the MORTGAGQR fw the purpose of securing paymen* of said sum of s 2a ~ 500. 0~ and the perfwmance of the
covenants and agreements here+nafter expressed, and fw divers good a~d va~uable considerations, by these p~esents, dces gront, bargain, sell, remise,
reiease, convey arxJ confirm u~to the MORTGAGEE, its successors and ass~9ns, ali that certa~n lot, piece or parcel of land, situate, lying, and be~ng in the
Counry of St . LtlCle _ and State of Fbr~da, desuibed as foltowi:
Lot 10, Bluck 3, LAKEIn'OOD PARK, UNIT :~U. 8-A, as per plat thereof on
file in Plat Book 11, page 47, of the public records of St. Lucie County,
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~ together with atl and singutar the tenements, heredi+aments and appurtances thereu~to belorging or in anywise appertaining thereto, and all rents, iuues,
~ prOCltd7 and profits accr~ing and to acc.ue from said prem~ses, all of which are fncluded i~ the above and foregoi~g dexription and habendum.
~ TO HAVE AND TO HOLD the above de:uibed and granted prcmises ~nto the said MORTGAGEE, its successws and assgns forever. And ths s+id
their
M.ORTGAGOR for - heirs, executws, administratars and assignt, hereby covenann with the ssid MORTGAGEE, iri successws snd auigru,
~ that - L he-~? -dr e- lawfully seized of the said prem~us in fee iimple; that the same ere free, clear and discharged from sll liens and encu~r
} brances in law or in equity, and that thQy W~~~ a~d thelt heirs shall wsrrant and defend the title to the iame to the aid
MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the promissory note hereinbefore dexribed and shall truly, promptly
and fully perform, d~xharge, execute, complete, comply with and abide by each and every the stipulations, sgreements, conditions and covenants oi ia~d
'k promfssory note and ot this Mortgage, the~ this Mortgage and the Esrate hereby aeated shall cease and be null and void. ~
~ IT IS UNDERSTOOB that the word "Mortgagw" whether in the singular w plural anywhere in this Mortgsge, shall be singular if one only and
~ shall be plural jointly and severally if more thsn one, and that the word "t heir" as used anywhere in this Mortgage shall be taken to mean "his; '"hen; '
or "its;' wherever the coroe:t so implies or admits. Aiso, that wherever Ihere is a reference in the covenants and agreements herein coMained to any of
rhe parties hereto, the same shall be construed to mean as well as the heirs,- legal representatives, successors and assigns (either voluntary by atl of the Q
parties or involumary by aperation of the Isw) of the same and tkat the covenants herein contained shall bind and the bene fits s n d s dvantages inure ~
to the respective heirs, legal representatives, succeswrs and ass~gns of the parties hereto. ~
?r And said Mortgagors, for thcroselves and their heirs, legal representatives, successas and assigns, hereby jointly and uverally covenaM and agree ~
ro and with the said MORTGAGEE, its successors and ass~gns:
1. To pay all and singulat thc principal and interest and the various and sundry sums of money payable by virtue of said prom~ssory note, +nd this ~
' matgage, eacb end every, promptly on the days respect~vely the same severally become due.
~e 2. To psy all snd ~ingvlar the taxes, assessments, levies, liabil~t~es, obligations and encumbrarxes of every nature snd kind now on said described ~
property, w thst hereafter may be imposed, suffered, placed, levied, or auessed thereon, w that hereaiter may be levied a assessed upon fhis Mort9-
age, w the indebtedness secured hereby, each and eve'Jy, when due and payable, according to law, befwe theY become deiinquent, and before any imerest
atlaches or any pena~ty is incurred; AND INSOFAR A5"ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTIY SATISf1EU AYD DISCMARGED Of
RECORD AND THE ORIG1NAl OffltlAl DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT .OR THE SATISFACTION PAPER OFFICIAItY ENDORSE~
~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENT; and in the event Ihat any ihereof is not
; paid, saYsfird and d~scharged sa:d MORiGAGEE may at any hme pay the same w any part thereof without waiving or affect+ng any option, lien, equity or
•~~ht under or by virtue of this mo~tgage and the fvll amo~nt of each and every such payment shall be immediately due and paysble and shall bear interest
~ ~.om the date thereof umil pa~d at rate of mne per centum per annum and together w:th s~ch interest shall be secured by the lien of th:s morytaye.
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