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Home My WebLink About1649 rsuys ~ ~ THIS INDENTURE, Made ~he 215 t day of ~ Feb=ud ry H.O. 19 74 bet,~een _Albert C. Plack and Amy E3. Black, his Nife ~ of - S~ . L11C1Q ~p~nty Florlds, here~naitat deayna~ed as the "MORTGAGOR," and TiRS: ~EDEQA:. SI.V!NGS AND IOAN ASSOCIATION OF FORT PSERCE, • torporat:on organized and eais~ing unde~ Ihe taws o( the Un~ted Statos of America and having its principal place of busineu in the City of Fort P~erce, St. Lucie Counry, Flor7da, hrreinefte~ des~gn~ied as ths "MORTGAGEE:' WHERE/i.i the MORTGAGOR is jusdy indebtetl to the MORTGAGEE in Ihe sum of S-?~~~ gcod and lawful mor~ey oi the Un;ted States advanced by thr ~AORiGAGEE unio the MORiGAGOR, as evidancrd by a certain prom~ssory note of even date herew.~V,, of wh.ch the toitowing in words and Figures is a ~~ua copy, to-wit: = 25sOO0.00 No 10020647 Fort Pierce, flaida, Februa ry 21 ~ ~q 74 Fo~ value received, I, we or eithr~ of us, prom~se to pay, w~thoul defa:caiwn, to the order of FIRST FEOERAL SAVINGS AND LOAN ASSOClATION OF FQRT PIERCE at Fort P~e~ce, florida, the wm of j_.~},e~~;QQQaQQ__ wnh m~eres~ from date at the rate oi~a4_°o per an~um, in monihly i:~s~all- ~uents as fo~!ows: 5-~2-2 5•-~ on Ihe 2Ot'tlay of Ap=l i 19- _ 74_ and a like sum on the correspood~ng day of each month there- aete~ until the whoie be fully paid. Ea:h ins~aHment Fi•st shall be appGad in paynoent of ~he interest and then o~ Ihe unpa~d balance of the princ:pal sum. If default is made in the ; ayment of any insta~!ment when due, and such defauh contfnues 30 days, then at the option of ~he,hoider, and w~thout any othet notice, all the remain~ng ~~~stall,nenta ahail be due and payab:e at once. Priviiege is give~ to prepay this nore in whole or in part at any t;me wilhout penalry. Neither iorebearance, nor acceptance by the hoider thareoi afrer any defavlt in any payment~ hereon, shal! be d:emed extens~on. A late payment charge oi S__11.?Syhall be +dJ~d to each insrallment remaming unpa;d 7 days afte~ its due date, and a I~~e wm ahall kx added ro each svch instalimeM remaining unpaid 7 days aher each succeed~ng payment da~e. ~ Eath maker, surety and endorser fiereof, joinNy and severally, c,va~ves drm~nd, presentrnent protes? and notice o4 protest for nonpaymeN, and further agrees to any extension of r~me of poyment, eifher before or a(ter mawrity, ~xi~ho~~ rof,ce to any of us; and to pay all costs of coliection, inc;ud:ng a r: e:onable atrorncy's fee ~n the evcm oi any de}au~t hereundrr, and here6y seve~ally waives a~l 6enefit of homes~ead and exempt~on under the constifulion .,nd laws of each State of the Uni?ed States, as against this obligation or any exte~sioe or renevial he~eof. Witness the hand and seal of each party. (SEAI) ~ _ /s/ Albert C ~ Black (SEAL) - (SEAy ~37 . 50 ~S~ Amv B• glack tsea~) ) State Revenue sE13~Sip'1=oZi$e'~IetFor?=virqn+a~ i+oFe3 NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 2 S~~0• , snd ihe performance of the :evenants and agreements here~nafter expressed, and fo~ dive~s good ard valuab!e considerations, by these presents, dces g~ant, bargain, sei:, rem~se, release, conv~y and confirm unto the MORTGAGEE, its successors and assigns, ail that certain lot, piete w parcal of land, situate, lying, and being in the County of $t. Lueie and State of Flo?ida, desuibed as follows: Apartment No. 1- D, of L,a Entrada Del Mar, a condominium according to the Declaration of Condominium dated Decembez 30, 1972, recorded in Official Records Book 220 page 1~47 of the Public Records of St. Lucie County, ~lorida, together with all of its appurtenances accordinq to the Declaration, including an undivided interest in the common elements of said Condominium as set forth in the Declaration, and as re-recorded to reflect additional exhibits in O. R. Book 220, page 2192, St. Lucie County, plorida, public records. Subject to the terms, covenants, ac~reements, obligations and pzovisions of said Declaration of Condominium ~rhich aortgagor in all things does covenant to mortga~ee faithfully to observe and perform. / ~ C - Ti~T~ ~F1FL~.~..t?+`1~ ~ ~ ~ n M E N TA R~.~` . S T t, N', Cp c~ _ IN PAYMEt('f OF TAXES =r Lc: . i?~YEti:1C ` _ i-si=----- ~l P1~ER(Y~ ~ ~ " _ = . ~ T t 3 1. 5 0 ~ s~ ~ ~ ~ "KCieu~ ~rs aF sui. = ~8. - " .1 ~ ~ ER 71•134. q~ ~ = ' P~i Aoc~ rortrus ~ I p~1~K CIRW~ OOURi. ST. WCIE 00, FU~ ! rogether with all arrd sinqvlar the tenements, hered~taments and appurtances thereunto belonging or in anywise apperiaining thereto, and all ~ents, issues, proceeds and profits accruing a~d to accrue from said premises, all of which are included in the above and faegoirg dewiption and habendum. ~ TO HAVE AND TO HOID the above described and granted p~em~ses umo the said MORTGAGEE, its auccessws and assigns forever. And the said ! MORTGAGOR fw -~g~~ heirs, executors, administrators arxl assigns, hereby covenants with the said MORTGAGEE, ita successo~s and suigns, they_ a re rhat - lawfully se~zed of the said prem~ses in fee simpfe; that the same are free, clcar and discharged from all liens and encum- brances in law or in equity, and fhat they w;N and their hein shall warrant and defend ~he title to the same to the said VORTGAGEE, its svccesso?s and assigns, forever against the lawful claims and demands of all persons; ! PROVIDED, ALWAYS that if the MORiGAGOR sha~l pay unto the MORTGAGEE the promisaory note hereinbefwe destribed and ihall truly, promptly and fully perform, d~scharge, eaecute, comptete, comply with and a6~de by each and every the atipulateons, agreements, conditions and tovenants of sa~d vromiswry note a~d of this Mortgage, then this Mortgage and the Estate hereby created shall ceau and be null snd void. - IT IS UNDERSTOOD that the word "Mongagor" wl~ether in the singular or plural anywh~re in this Mortgage, shall be singular if one only and shall be plural jointly and severally if mae than one, and that the word "fheir" as used anywhere in th~s Mortgage shatl be taken fo mean "his;' "hen;' or "7ts," wherever the context so implits or admits. Also, that wherever there is a reference in the covenants and agreements herein contairted to any of fhe parties hereto, the same shall be construed to mean as well as the heirs, legal representaNves, successws and assigns (either votuntsry by sct of the parties or involuntary by operarion of the law) of the same and that the covenants herein co~tained shall bind and the benefits and advantsgq inure ~o Ihe respective he~rs, tegal representatives, successors and assgns o( the partie~ hereto. And said Mortgaqors, for th~mselves and their heirs, legal representatives, sutcessors and assigns, hercby jointly and severally covenant and agree to and with the said MORTGAGEE, irs successors and assigns: 1. To pay all a~d singular the principal and intere~t and the various and sundry sums of mo~ey payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respect~vely the same severalty become dva 2. To pay all and s~ngvlar the tsxes, asses~ments, levies, liab~lit~es, obligations and encumbrances of every nature snd kind now on said dexribed property, w that he~eafter may be imposed, suftered, placed, levied, or assessed thereon, a fhat hereaffer may be levied or assessed upon this Mwtg- age, w the indebtedness secured hereby, each and every, when dve and payable, xcording to law, befwe tFxy become delinquent, end before any interesl artaches or a~y penalty is inc~rred; AND INSOFAR A$ ANY THEREOF IS OF RECORD THE S/4ME SHAtI BE PROMPTLY SAiISF7FD AND DlSCHARGED Of ' RfCORD AND TNE ORIGltiA1 OFF1C?AL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SA7ISFACTION PAPER OFfIC1AllY ENOORSED OR CERTIFIED) SHALI BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is noi paid. sat"sfied and d~schaiged sa d f~tpRTGAGEE may at any time pay the same or any pait thereof without waiving or affecting any option, licn, equity o? •~qht under or by virtue of this morrgage and titie ful~ amount of each and every such payment shall be immediately due and payable and shall bear interesr <<om the date thereof vn?il paid ar rate of nine per ~enrum per an~um and together w;th such interesl F FIad7 ~~Cy~ed by t~~n yf th:s morgtage. ~?4 F,~cE 48 ~ _ ~ ~~X~ ~ N ~ ~ I - ~ C L~~ ~ _ ~ ~ - _ . ~-r,