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HomeMy WebLinkAbout1165 , 'r, ,at),~ THIS INDENIURE. Mad~ il+e 2Qth day of Ma rch A.D. 19 74 berween Gordon J. Munvak, a sinale sdult G~Yae g. 9~aith, s sin~le sdalt of ~L L{lC e County Florids, heroinafta design~rod as ths "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE. • corporalion ory~nized and exis~irp under the laws of tM Un~ttd Sta~~~ of America and i+iving ib principal plac~ of buuness In the City oE fort Pi~ru, S~. luci~ Couoty. Florida, AQlftnillH desiqna~ed ai tM "MORTGAGEE." WNEREAS ths MORTGAGOR is juuly ind~bt~d ro tM MORTGAGEE in the sum of ~_~i-3~.~ good u+d lawful money of the U~~ted S+a?ei advu+ced by the MORTGAGEE u~to the MORTGAGpR, u~viden~sd by a certai~ p~omissory note of even daie hererviih, of wh~ch ~he tollow~ng in wacb and fiywes is • trw copy, to-w~t: 1 ~ 1QQ20714 : 30~300. ' Fwt Pimc.. Fio.~. March 20, 1974 Fw vatue raeived, 1, we or either oi us, pron+~se to pay, without defalcatiort, to the o~de~ of FIRST FEDERAL SAVINCaS AND IOAN ASSOCIATION OF FGRT PIERCE at Fat Pie~te, Flaids, the sum of s 30, 300. ~ with interest irom date at ths rate of8~~96 pet a~num, in monlhly instal6 y ~.,ents as foltm~n: j ZSO.~ ~ ~~e Z~bday of `july , lq 74 and • like sum on the corresponding day of esch month therr afrer until the whole be fulty paid. Each ins~allment first shall be applied in payme~t of the inte?est and thcn o++ the unpaid balance of the p~inupsl ium_ If default is mada i~ the p~ymenl of aoy installmem when due, and such defauh continues 30 days, then at ~he option of the holder, and without any othe~ ootice, all the remaining ~nsral6ne~ts ihall be due and payable at once. Privilege is given to p~epay thi~ ~ote in whole w in patt ~t ~ny tims without penalty. Nieither iorebeara~ce, nw aaeptar+ce by the holder thercof after any default in any payments hereo~, shall be deemed extenaion. A late payment chsr9e of li 2•~ shsl{ be added to each installment remainirg unpaid 7 days after its due dale, and a like sum shali be added to each such instailment remaining unpaid 7 days after each succeeding payment date. Each makN, w~ety and endorser Fxreof, jointly and severally, wa~ves demand, prcsMtment protest and notice of protest for rwnpaymeM, and iurther agrecs ro any extensiw~ of time of paymem, either before w after maturity, without notice to any of us; and to pay all costs of collection, indud~ng a .easonable attorney's fee in the event of• any de(ault hereundcr, and hereby severally waives all benefit of homestead arxl exemption under ihe constitution a„d laws of each State of the United States, as against this obligation or any extensio~ or renewsl hereof. ~ Wi~ness the hsnd and seal of each party. i (S~AU } 8/ Gordon J.~+~lunyak, a siAgle ~Ai~ i adult ' s eorge Saith, a single ~ ~ ~ ~4~.4~ ) State Reven~e ~ a ~ ~~~~a~~~ 30, 300.00 NOW, THEREFORE, the MORTGAGOR for the purpose of seturing payme~t of ssid sum of = ,~nd the performance of the covenants and agreemenb hereinaftn expressed, and fw diveis good and valusble consideretions, by these prosents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its sutcessors end auigns, all that ceitain bt, piece w parcel of (and, situate, lying, and being in ths County of St . Lueie ~ and State of f{orida, desu~bed ~s follow~: e Lot 2, Block 3, LAKF~tOOD PARK~ tJNIT 8 A, as per plat thereof on file ~ ; in Plat Book 11, page 47 of the public records of St. Lucie County, 3 ~ ~ z Rlorida ~ ~ ~ : z n o STA+TE FLO R! ~ A~ ~ t c, I DOCUMEN7ARY~~ SjAMP - ; O ~tN~' ~ ~Z UEPT. Ui REYE~rUE ~ ~"s1 f = r...:zi•~.'~ d 5. 4 5 1 l\NP~`(~~P~~ . ~ _ p~. = ~ D ~~"w ,~n- i a = ii~.~z ~1t~'~~~11, ~s ~ F11~ i ~ ZD °'"-~~~~1~ ~ ~ ~ rogether with sll and tirgular the tencments, hereditsmenss snd appurtsnces thcreunto belaging ot in a~ywi~e sppertain~~9 thereto, and sll rents, iuues. prxeeds u~d profiri atcruing and to acuue from said premises, all of wiiKh are incl~ded in the sbove and foregoiny desuiption and hsbcndwn. 70 HAVE AND TO HOtD the above desvibed snd granted premises onto the said MORTGAGEE, ib svccessors and assiyns foreve~. And th~ said MORTGAGOR fw the`Z= - heirs, executon, administratws and assigns, hereby covensnts with the :aid MORTGAGfE, ib waesson +nd ~ssiyro. ~ fhai th~ a=Q - Iawfully sei:ed of the said premises in fee simple; that the same ue free, dear and dischar9ed from all liens and encum- brances in law w in equ~ty, and that they w;ii a~ their .h,u w~rra~t u~d defend the tiNe to the same to the ssid MORTGAGEE, iri tuccesso?s snd auigns, forever against the lawful claims and demands of all persan; PROVIDED, AIWAYS thst if the MORTGAGOR shall pay uMO the MORTGAGEE the promistory note hereinbefore dewibed snd sh+~~ t?uly, promptly ~ and fully perform, dixha~ge, e:ec~te, complete. comply with and abide by esch +nd every the stipulations, agreement~, conditiorn and coven~nri of sa7d prom~ssory note and of this Mwtgage, t}xn this Mortgage and the Estate hereby ueated shall cease snd be null and void. g IT IS UNDERSTOOD that the word "Mortgagor" whether in tF?e si~gular or plural anywhere in this Mortgsge, sh~ll be singular if one only and :hall be plunl joimly and severally if more thsn one, and that the wQrd "tl~eir" as used anyvrhere in tt~is Mortgage sMll be taken to mean "his:' "hers," or ^its," wherever the context so implies or sdmin. Also, that wherever there is a reference in tfie covenants snd +grcemenri herein contsined to +ny of ~ rhe parties hereto, the ssme shall be construed to mean ss weil ss the heirs, legal representatives, successon snd auigns (either volunury by ~ct of tIK ~ parties a involuntary by operatan of the law) oF tFx seme and that the covenann heroin contai~ed shall bind u~d the benefits and advantaga irture ro the respective hein, legal representatives, successws and ass~gns of the parties hereto. ~ And said Mortgsgors, for themulves snd their heirs, legal represe~tatives, successon snd suigns, hereby joinlly and sevaally covenant and apree to and with the ssid MORTGAGEE, itf succcssors and suigns: ~ 1. To pay all and sirguls~ ihe principaf and ioterest and the various and sundry wms of money pay+ble by virfue of said promissory note, and this mortgage, each u?d every, p?omPNy on the days respectively the same severally bccome due. 2. To piy all snd singula~ Ihe taxes, sssessmenb, levies, lisbilities, obligatia~s snd encumlxances of every nsture snd kind now on s+id desc+fb~d _ properfy, or that hereafter msy be imposed, suffered, plxed, levied, or essessed tF?ereon, or thst heresfter may be levied w ssussed upon this Mort9- - age, w the indebtedness secured hereby each and every, when due and psyabte, auording to law, before they become delinqveM, and befwe any inte~est ;t dttaches p any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED Of ; RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFfK1AllY ENOORSED ; OR CERTIFIEO) SHAII 8E PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event that sny thereof is no1 _ pa~d, saYsfied and discharqed sa:d MORTGAGEE msy at any time pay the same or any part 1Ficreof without waivirg w sffecting any optan, lien, equity u : •~qht under or by virf~e of this mortgage and the full amount of esch and every such payment shall be immediately due and paysble and ihall besr interest ~ srom the date thereof until paid af nte of nine per centum per annum and togeoer~wAh suth interest shall be sec~red by the lien of th:s morguge- £ e~ 225 ~~f 1.ib3 ~ u - ~ } ~ ~ ~ ~ t-~° ~ _ ~ ~ . ~ ~ ~ _ ~ _ ; _