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Home My WebLink About1494 V" z~s~s7 ~ THIS iNpENTURE. IYtade ~M~a'~~_ day of Fe~uary~ ~ n.~. 19._...~Q, be~w~sn C:prtr»rjP Crh`ffc~r F arkp~l,, a w1dOW ,~nd Frar~ci c A ~haffpr ~,nc~._ LucX Schaffer ~ his wife of St . Lucie ~a,~~y Flor~d~, hereinefte~ dt~igna?ed at the "N10RTGAGOR," and fIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT P~ERCE, • corpaation wyanized and eaistinp u~der the law~ of ths United Statai of America and Mvinp it~ principal pl~ce of bvHr~~ tn fhs City of Fort Vierc~, S1. lucia CouMy, florid~, he~ei~afte~ dci~ynated as ths "MORTGAGEE." WHEREAS th~ MORTGAGOR ia j~~~ly indebted to ths MORTGAGEE in the aum of S 1O-a • O0 , 9ood and lawful monay oi the Un~ted Statts adv~nccd by the MORTCsAGEE unto the MORTGAGOR, as evidenced by a cer?ain pramisso?y nate of even date herew~th, of wh:ch the fol~owinq in wwds and figures is a trw copy, to-wit: = 1 O~000 . 00 p, ~ 1000193 Fat Pierc~, Florida, Februarvr_l~ 19~_ Fw value received, t, we w either of us, prom~se to pay, withoul defalca~ion, to ~he order of F~RST FEDERAI SAVINGS AND LOAN A550CtItT101V Of FORT PIERCE at Fort Pierce, Florida, the sum of S 1Qs~Q+OO with interest from date at the rate of ~a.~.°•o pe* annum, irt monthly ins/all- ments as fol!ows: s-~~~_ on the ~Q~1 day of Aiareh , ~9~ and a like sum on the corre~pond~ng dny ot each month the?r after ~ntil the whofe be fully paid. Eath installment first tha~l be applied in payment of the interest and then on the unpaid baia~ce of the prinupal wm. If default is made in the payment of any i~stallme~t when due, and such default continves 30 days, then st the optiw~ of the holder, and without any other ratice, all the remsining initalfinents shall be due and payable s? o~ce. Priviiege is give~ to p~cpay ihis note in whole or in part at sny time wilhout penalty. Neither forebearante, nor xceptance by tF~e holder thereof aiter any defavlt in any payments hereon, shall be deemed extension. A late payment charge of i~~ Z~ , shsll be added to each ins~allment rcmaining unpaid 7 days after its due date, and a like sum shall be added lo each such instaltment remaining unpaid 7 days ~fte? . each fucceeding payme~t dafe. Each make~, surety and ertdorse? }mreof, jointly and severally, waives demand, presentment protest snd notice o( {xotest fw nonpayment, a~d further agrees fo any extension of time of payment, either before w after maturity, without nofice to any of us; and to pay atl costs of collecfion, i~ctvding a rraso~able atrwney's fee in the event of any default hereunder, and hereby severaUy wsives sll benefit of homestead and exemptio~ undet the constitutan and laws of each State of the Un;ted States, as against this obligation w any extension or renewal hereof. Witneu the hand a~d seal of each party. ~ S/ Gertrude Schaffer Harke~Ay _ S/ Franci s A. Schaffer ~Ai~ ~ S/ Lucv Schaffer ~~15. 00 ) Stat~; enue - (SE/?U NOW, THEREFORE, the MORTGAGOR £or the r lO ~ OOO.OO pu pose of sccurirg paymenr of said sum of s , and the performance of the covrnsnts snd agreements hereinafter expreued, and for divera good and valuable considerations, by these presents, dxs grant, bargain, ietl, remlae, ~e?ease, convey and tonfirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece or parcet of land, situate, lying, and being in 1he County of - St. Lueie , and $tate of ftwida, dewibed es follows: !ots 17 and 18, Block 5, FAI-~LAWN SUI'~DIVISION, according to plat therof recorded in Plat Book 6, at Page 5, of the public records of St. Lucie County, Rlorida. ~ . ~ ~'SZ ~ P Fl 0 -~F 0 0 A-~~ ~~~c;~:°~~5. ~ T- G,~ v% rUE - M W1~MENT OF TlIXE~ ~ o~ <~u~ ~`~v . ~p~~/~/'y~~~~yv tnttcie~ e~HSow~ r~o~ean, ~ ~T v~Q ~ ~ ~K {/~i 4W'i V ~ ~ py~~11tT i0 CIW'E! 11•13~. A~iS ~ 1~7L,~ ; ~ o~ ~ ~ 4e~2 iDGEII MtTRAS ~`~~c QtR1( CtRW[T CU1lAT. St. WC1E 00, FV~ . ~ ~ o s ~ . 1 ~ i ~ f togesher w~th all and singular the tenements, hereditaments and sppurtances thereunto belonging a in snywise appertaining thereto, and all rents, issues, ; oroceeds and profits accruing and to acaue from said premises, aII of which are included in tlx above and foreyoinQ destription and hsbendum. s ~ TQ FUVE AND TO NOID the above desaibed and grsnted premises unro the saFd MOR~GAGEF, ifs suctesson and sssigns forever. And ths seid MORT6AGOR fw -~hQ1Z---- hein, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors snd astiyro, ~ !hat -~~:--~P-- lawfu}!y seized of the said premises in fee simple; that the same are free, dear ~nd dixharged from all liens and encum- b~antes in !aw or in equity, and thst they will and their heirs shall warrant and def~nd the titk to the same to the s~id M110RTGAGEE, its successors and assigns, iwever sgainst the lawful claims and demands of all persons; ' PROVIDED, AlWAYS that if the MORTGAGOR ihall pay unto the MORTCaAGEE the promiaswy rate hereinbefws dewibed and s}ull truly, promptly and fulty ptrform, d~uharge, eaecute, complefe, comply witF? and abide by each and every the stipulations, a8reements, conditions and tovenanq of said promissory note snd of thia Mortgage, t)x~ this Mortgage and the Estate hereby aeated shall cease and be nvll and void. F _ IT IS UN~ERSTOOD that the word "Mwtgagor" whether in 1he singular w plural a~ywhere in thia Mortg~ge, ~hall be singular if oae only and ; s6alt be ptunl joiMly s~d severelly if more than one, and tbat the wwd "their" ss used anywhere in this Mortgage ahall be taken to mean "his;' "hen;' w"its;' whe~eve~ the comext w implies or admits. Aiw, that wherever there is a reference i~ the covenanri end agreementt herein contained to s~y of ' the parties hereto, the same shall be construed to rtKan as weli ss the heirs, legal representateves, sutcessora and aasigns (either volumary by ad of the ' parties w involunfery by ope~ation of tMe law) of the same and that the covenants herein contained shall bi~d snd the benefit~ and adv~ntagq inurt ' to the respective hein, leq~! representatives, succeisors and au~gns of the parties hemto. And said Mortgagors, for themsetves ~nd their hein, legal representafives, successws and suigns, hereby jointly and severally tovenant +nd ~gree ro and with the said MORTGAGEE, its succeisors and auigns: i. To psy all and •ingulsr the principal and intere~t and tF~e various and sundry wmi of mor?ey payable by virtue of said promissory note, and this ' mongage, esch snd every, promptly on the days respectively the ssme severally become due. 2. To pay sll snd singular the t~xes, assessments, leviei, lisbilities, obt~gat~ons a~d eexumlxances of every na?u~e and k;nd now an s~id dewibed ; property, or that l~eresfter msy be imposed, suffered, pl~ced, Ievied, or assessed thereo~, or that F~ereaNer may be levied a s~sesud upon this Mwl¢ ~ sge, a tF?e indebtedness secured hereby, e+ch and every, when due and paysbte, according to law, befwe lhey become detinqueM, and befwe any intere:t attachts w any pena(ty is irxurred; AND INSOfAR AS ANY TNEREOF !S OF RKORU THE SAME SHAII BE PROMPTIY $ATISFIED AND DISCHARGED OF ' RECORO AND THE ORIGINAt OffICIAI DOCUMENT {SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ ' OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WiTHIN tEN DAYS NFXT AfTfR PAYMENT; and irt the event that any thereof is rwt paid, sar'siied and d;xherged sa:d MORTGAGEE may st any time pay the same or any part thereof without waiving w affecting any option, lien, equity or ~ •~aht under a by virtue of this morlgage and the full amounr of each and every such payment shall be immediately due and payable and shatl besr interest i , ~•om the date thereof until paid ar nte of nine per centum per annum and togefher w~th such ~nterost shall be secu~ed by the lien of th:s morgtage. { ~ ~ 224 ~A~E ~.493 , ~ - - _ r _ ' ~ : - ` ~ A ~ . f . . . ~ .~,k-~..~%