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HomeMy WebLinkAbout2078 l/Lj~ THIS INDENTURE. Mad~ ~rk_ 6th day of ~rC'} ~ q_p, ~q 74 ~~~C~~ _ Pa 1 M F`rischkorn and Rita Frischkorn1 his Mife of St. Lucie ~~nty Flrxida, he~ema(te~ d~s~~narrd as the "MORfGAGOR," and fIRST FEOERAI SAVINGS AND IOAN AS50CIATION OF FORT PIERCE, a corpwa~~on wgani:ed and ex~iting undar the laws o( the Unlted Sutos of Americ~ and Mving its principal place of busi~ess i~ Ihe City of Fort Pierce, 51. Lutie County, flwida, hereina(tsr designated as th~ "MORTGAGff:' WHEREAS the MORTGAGOR is jusfly indeb~sd to the MORiGAGEE i~ the sum o! S ~-~Q-~~_~-, good and lawful money of the Un;ted Srates advanced by the MORiGAGEE unto tha MORTGAGOR, as ev~danced by a ce~la~n proin~sswy note of even date herewnh, of wh,ch the foilowi~~g ir~ .+ordi and iigures is a true copy, fo-wit: s_ March 6 NO 10020679 Fort Pierce, Flwida, 19 Fw value received, I, we or either of us, prom~se to pay, without defalca~~on, to ~he orde~ of FIRST FEDERA~ $AVtNGS ANO IOAN ASSOCIATION OF iORT PIERCE at Fort Pierce, Florida, the sum o1 j~lQQQ.~Q_._____ wi~h imeres? from date at the rate of8!~5°-o per annwn, in monthly instati- .,,enrs as fo~!oWS: S__3?9 on tF~e 'Z~th day of _ `J~e 19_ 74 and a like sum on the cwrespond~ng day of each month ihere- ateer until thr whole be fully paid. Each instaU~neM fint shall be appl~ed in payment o( ~he interest and Ihen en the u~pa~d balance of the p~inctpal sum. If default is ~~ade in the ;~iment of any installment whEn due, and such default continuea 30 days, then at the option of the holder, and without any other notice, all the remaining ,~,srailments ahall be due and payabie at once. Vrivilege is given to prepay this note in whole or in part at any t~me w~thout penatry. tYeither fo.abearance, nor acceptance by the holdar thereof after any defauh in any payments hereon, shalt be deemed exrension. A late payment charge of 516~ a~, shall be ,dded to each inslallrnznt remaining unpa~d 7 days after its due date, and a t~ke sum shall be added to each such installme~t remaining unpaid 7 days after each aucceeding payment date. ~ Each make~, surety and endorser hereof, jointly and severally, waives demand, p•esentment protest and not~ce of protesr for nonp~yment, and further agrees to any extensio~ nf t~me of payment, either before o~ after maturity, witi,out notlce to any of us; and to pay all costs of collec~lon, intlud~ng a rcasonable atrornay's fee in the eveN of any defau~t l~ereunder, and hereby severally waives all benefit of homes~ead and exemption ~nder ihe consrfWion a:~cf taws of each 5tate of ~he Un;ted Srates, as aga~nst this obl~garion w any eztensian or ~enewa! hereof. Wirness the hand a~d seal of each party. i~ Pa.lll M. Frisehkorn ~ (SE~I) ~ ~i • - (SEAU (SEI?.t) 64 00 s/ Rita FYischkorn ~5~,~~ ~ ' ) State Revenve NOW, THEREFORE, the MORTGAGOR fa the purpose of sec~ring payment of said sum of S ~ s 0~ , snd tFw perfwmsnce of the covenants and agrnment~ hereinafter expressed, and fw divers good and vaiuable cons~derat~ons, by these presents, dxs granl, bsrgain, sell, remise, r~Iease, convey and confirm unto the MORTGAGEE, its successors and assigns, alt that ce+tain lot, piete w parcel of land, situate, lying, and being in the Cou~ry of St. Lucie and State of flor~da, dewibed as follow~: l.ot 15, Block 7, SURFSIDE iJ1VIT OT~, according to the plat thereof as recorded in Plat Book 10, Page 17, of the Public ~ Records of St. Lucie County, Florida, STATE F~.JF2~Q;"-= _ M ' DO~UMfN~ARY - 5T'~ MF'_._ ? QFPf.Gf e~EVE'4t)E .'J.'~~.:_i:i , = ~w 0 4. 5 0 N ~ P.Y_ ~ i~ ~ - ~tIQ2 ~ ;~;s~' 1 0 c i ~ DfPT~:~~ Y.EYEVU~ `?I#~i=:l•••••• - ~ . - =,,.~-~•z~t3~~r= 5 5. 5 0 ~ ] 1~=8'` . •\as~ ~ l RfCEIVEU d~ IN o~YMftf~ OF TAXE:. E DUE GN CU13.S `~=~~`'~:P.i P^~ERi':~ ~ ri{R~WtT TO CFiA:"E~ Tl•ii4. Jk;:IS Ji lill~,~ ! Fil)('sEB PO(T Rl1c ~qK C{pCWT CUURT. Si. tuC1E 04, ~ i ! E togefher with al( and singular the ~enements, hereditamenfs and appurtances thereunto belonging or in snywise ~ppertsining thtreto, and all rents, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregang descriptron and habendum. TO HAVE AND TO HOID the above describcd and granted premises unto the said MORTGAGEE, its successors and sssigns forever. And ths uid ! ti10RTGAGpR fw -~Y------ he;rs, executws, admini:trators and assigns, hereby covenants with the said MORTGAGEE, its successors and assi9m, rhat --~-h-~X- a r~-- lawiully se~zed of the said prem~xs in fee s~mple; that the same are free, clea? and discharged from all liens and enc~rt?- brances in law or in equity, and that~S/ will and _ ~1elf heirs shall warranf and defend the title ta the ume to the said '~!021GAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisiwy note herei~befwe dexribed and shall truly, promptly and (ulty perform, diuharge, exetute, complete, tomply with and abide by each and every flx stiputations, agreeme~ts, tonditions and tovenants of said promisswy rate and of ~hi~ Moitgage, then this Nbrtgage and thc Estate hereby created shall cease and be null and vold. IT IS UNDERSTOOD tha~ the wwd "Mortgagw" whether in the singular or ptural anywhere in t~is Matgage, shall be singula? if one only and shall be plural jointly and severally ~f more than one, and that the wwd "their" as used anywhere in th~s Mortgage sFwll be tsicen to mean "his," "hen;' or "its;' wherever the context sa implies or admits. Also, that whe~ever ~here is a reference in the cavenants and agreemcnts herein co~tained to ~ny of she parties hereto, the ssme shall be co~strued to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by ~ct of the parties or involuntary by operotion of the taw) of the same a~d that the covenants herein co~tained shall bind and the benefiri and advantages inu~e 1o the resFective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors and essigns, F~ereby jointly and severally covenant and sgree +o and with the said MORTGAGEE, its successort and assigns: 1. To pay all and singular the principal and interest and ti~e various and sundry wms of money payable by virtue of said p~omissory note, and this martgsge, each and every, promptly on rhe days respectively the same xverafly become due. 2. To p~y all and •ing~lar tF~e taxes, assessments, levies, liabilities, obligations and encvmbrances of every nature and kind now on said described property, or that hereafter may be imposed, s~ffered, placed, levied, w assessed thereon, u that herea/ter may be levied o~ assessed upon this JNortg- ' age, or the indebtedness secured heieby, each and every, when due and payable, according to law, before they become delinque~t, ~nd before any interest a+faches or any penahy is incw~ed; AND INSOfAR AS ANY THEREOf tS OF RKORD THE SAME SHAIt 8E PROMPTIY SATI$FIED AND DISCHARGED OF RECORO ANO THE ORfGtP;AL OfF~C1At OOCUMENT iSUCH AS, FOR INSiANCE, iHF TAX REtEIPi OR THE SATISfACTION PAPER OFFICIAtIY ENDORSEU CR CERTIf1ED) SHALI BE PLACEU IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ~hat any thereof is not pa~d, saYsfied and discharged sa"d MORTGAGEE may at any time pay the same or any part thereof withovt waiving or aifecting any optiwt, lien, equity or ~~~ht undea or by virtue of this mortgage and 1he full amount of each and every such payment shali be immediately due and payable and shall bear interes~ s~om the date ?hercof until pa~d at rate of n~~e per centum per annum and together w~rh such inte~e~f sh cured 'o f th:s morgtage. ~ - , FA!:E~~ _ II ~ ~ ~-CCi ^l Y° ~ "vR4 I '4 . ~a ~ .w-"~' '~.'~~l ~'~¢~^"a~~~i"~ I ~ ~ ' ~ `z'~ ~ : a ~s- 'e,~-~ ~~,~'''2,.~'~*,,„~ ~ ~ ~ : r~ . . ~ s, r~,~,~i ,~~r.~~r