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Home My WebLink About0750 ~.i ~,alb - THIS INDENTURE, Mad~ the 2~t h day of ~ia Y C Yl A.D. 19_ 7-~. betw~a^ J. Noward Clu~stone and Ida ~ Cluastone, his wifc~ of St . LUC1@ Coynty Florida, lareinafta des~gnated ~s the "MORTGAGOR;' and FtRST fEO:PAI SAVINGS ANO l0%aN ASSOCIATION OF FORT PIERCE, • cotporation ory~nized and existin9 unde~ tM lawt oi 1M United Stat~s of Ame~ic~ ~nd havinp iq princ:pa) pla~~ of businesi in tM City of fwt PiKCe, 5~. Lucie County. Flaida, Mreinafter desgnated ai tM "MORTGAGEE:' WHEREAS th~ MORTGAGOR is justly indsbted to th~ MORTGAGEE in ths avm of =2O ~ 400. ~ good •nd lawful mo++ey of ~he Un:!ed i States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a ce~ta~n promissory no~e of even date herewi~h, of wh~ch tl,e f41?ow~~p in ~ ..ords +nd figures is a trw copy, towit: ~ s 20 ~400 . 00 ~ ~,b7.1000200_ P~rc.. Flaida, March 2t1~ _..~v_14 Fw value received, 1, we or either of us, promise to pa , witFw~t defslcatior~, to the order of FIRST FEDERAt SAVINGS AND LuAN ASSJl:?Af10N OF FORT PIERCE at Fa Pi grce, F:orida, the sum of = 2O w;~h interest irom date ~t the rste of 8• 7~ pe~ annum, in mw+lhly install- ~81 . QD ~tl'1 May ~q74 ~~J a like sum on the cwresponding day of cach month the~e- } n,ents ss foilows: S- on the day of after uNil the whole be fully paid. ( Each installment first shall be applied in payment of the interesf and then on the unpaid balance of the princlpal sum_ If default is .mads in 1ha payment of any in~tallment when due, and such default conlinues 30 days, then at the opt'an of the holder, and without any other notice, all t}x remaining ~nsrallments shall be due and payable at once. Privilege is given to prepay thia note in whole w in part at sny time without penalty. Neither faebearance, nor acceptance by the holde+ theraof afte~ any default in any psymeMS hereon, shall be deemed extension. A late paymen~ c)+arge of S 9• O'S shall be added to each installment remaining unpaid 7 days aitet its due date, and a like sum shall be added to each such installme~t remaining unpaid 7 days after each succeeding payment date. ' Each maker, surety and endorse~ hereof, join?ly and severally, waivea demand, presentmenl protest and notice of protest fo~ nonpayment, a~d furthtr i agrees to any extension of time of payrrxnt, either before w after maturity, without notice to sny of us; and ro pay all msts of collection, includ~ng a ~ reasonable attorney's fee in the event of any defau~t hereunder, and hereby uveraily waives all be~efit of homestead and exemption under the ta+stitutan ; 3~:d laws of each State of the United States, as against this obl~gation a any eatension or renewal hereof. 3 Witness the hand and seal of each party. S1 J. Ho~vard Cluastone ~U (SEAI) , S/ Ida E. Cluqstone ~U _ ~U 30 . 60 ) State Revenue 'i9[aKi~fa?Wklfili.l[~iaC~kl~li Ca~C]ioViX NOW, THEREFORE, the MORTGAGOR for the purpou of sccvring payment of ssid sum of S 2O-,t • O0 ~~d the performsnce of tM 2 covenants and agreements hereinafter expressed, snd fw divers good and vsluable co~sideratior.s, by these prese~ts, does g~ant, bargain, sell, remiu, ~ retease, convey and confirm unto the MORTGAGEE, itt successors and assigns, all that certsin bt, piete or psrcel of land, situate, lying, snd being in the ~ County of St . LL1Cle snd State of Pbrida, dewibed ss follows: :\partment r'o. 206, Building II, of ISLAI~D HOUSE COhDOMINIUI~iS, PHASE I, according to the Declaration of Condominium and all exhibits thereto _iated biay 23, 1973, recorded 1?tay 29, 1973 in Official Records Book 214, ~ ~ages 1858-1933, of the public records of St. Luciz County, Florida, ; together with all of its appurtenances according to said Declaration of ~.ondominium and all exhibits thereto and together ivith all tenements E and hereditaments thereto belonging or in anywise appertaining to said apartment. Subject to the terms covenants, agreements, obligations and provisions ~ ~ of said Declaration of Condominium and all exhibits thereto Hrhich the y :~;artgagor in all things does covenant to Mortgagee faithfully to observe ; anci perform. i _ , s ~ v, _ ~f ~ ~~~YM~~al1`i. } ~ STA7E FLC R ~ ~ ~ ~'0 ~ .vu~. ~ oZ DOCUMEIVTARY~-;; ~S7AM V 1 t; ~j1?t~ ~ 3 c-' :)c•T. Oi ftcYENUE `°~lr'~~ ~`•Ea j1~~f11}~ z,_ a _ . ' ~ ~ jo ~ ~ = Pe. _ ....:z:, i~ ~ = 3 0. 6 0 I pu+~ ~~,aic~ "~~.p~ - o _ „+t,2' ~ ~t ' pO,,tf-c~ , ::;a~~~ _ . _ . . . . . . . . . v~ ~ ~ rogether with all and iingular the tenements, hereditaments and appurtancd thereunto belonging w in snywise appeA+ining thereto, snd all rents, iswes, proceeds snd profits accruing and to accrue from said premises, s!I of which are included in the above and foregarg description and habendum. TO HAVE AND TO HOLD the above described and grsnted p~emises unto the s+id MORTGAGEE, its s~ccesson and auigns fwever. Md tlw said MORTGAGOR for their ex~tws, administrators and assgns, hereby tovenants wilh tF?e said MORTGAGEE, its successws and usiprn. ~ rhat the~r are ~aWf~uy xized of the said p?em~ses in fee simple; thst t!x ssme are free, ckar ~nd dixharged from all liens and encvrt~ brances in Isw or in equiq, and thst the}t____ W;~~ and their Fxin shall warrant and defend the title to the sam~ to the s+id ~ MORiGAGEE, its successors and sugns, forever against the lawful claims and demands of all perwro; . ~ PROVIDED, ALWAYS tfist if the MORTGAGOR shsll pay unto the MORTGAGEE the promiisory note hereinbefore dewibed and shaU truty, promptly < znd fully perform, d;xharge, execute, complete, comply with and abide by each end every the stipulations, sgreements, condii~ora a~d tover?snts of ssid promissory nore and of tnis Mongage, then this Mwtg~ge and the Estate hertby ueated shall uass aod be null and wid. ~ IT IS UNDERSTOOD th~t tM wwd "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shal) be si~gular if one onty snd ~ ~ shall be plursl jointly and uverally if more thsn one, and that the word "their" ss used anywhere in iho Mortgage shall be taken to mean "hi~" "hen," ~ or "its;' wherever the context so implies or admits. Alto, that whercver there is s referente in the coven+ori and agreements herein contained to any o1 ; ~ the parties hereto, the ssme shail be construed to me~n as well as the heirs, legsl repreuntatives, succeuon and auigra (either votuntary by sct of th~ ~ parties w involuMary by operation of the Iaw) of the same and that the covenants herein contained shall bind ~nd the benefits ~nd adv~ntsyes irwre ~ ro the reipective hein, 1e9s1 representatives, tuccessws and au~gns of the partip hereto. ~ And said Mortgago?s, fw themselves and their heirs, legal representstives, successws snd assigns, hereby jointly and severally covenant and agree ~ ro and with the said MORTGAGEE, its svccessors and assgns: 1. To pay all and singvlsr the principal and interest and the vario~s and sundry wms of money payable by virtue of ssid promissory note, and this ~ mortgage, each and every, promptly on the days respective~y the ssme severslly become due. 2. To pay +II and singular the taxes, asussmenti, levies, liabilities, obligations snd encumbrarxes of every nature ~nd kind now on said described property, or thet hereafter may be imposed, suffered, plated, levied, or assessed thereon, or tFut heresfter may be levied w assessed ~pon this Nbrt¢ ~ age, a the indebtedrxss tecured hereby, each and every, when dve ~nd paYable, atcadiny to law, before lhey txcome delinque~t, ~nd befwe ~ny interest a~taches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD iHE SAME SHALL BE PROMPTIY SATISFIED AND DISCHARGfD OF RECORD AND THE ORIGIPIAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIOlJ PAPER OFFICIALIY ENDORSED OR CERi1fIE0) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and 'in the event that any thereof is ~ot paid, saCsfied and d'+scharged sa:d MORTGAGEE may at any time pay the same w sny part thereof without waiving w sffecting sny option, lien, equity a _ ~~qht under a by virtue of this mortgage and the full amount of each and every such payment shall be immediately d~re and payable and sfiall besr interest ~.om the date thereof until paid sr ratr of n;ne per «nrum per snnum ancl together w~th sucl~o e~e~~hall red by the lien of th:s moryt~~e. ~ a ac i~5 ?48 z f _ _ - ~ : - ~ ~ ~ ; ~ ~ ~ , : ~ _