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?HIS INOENTURE, Mad~ the 1 St day of Apli 1 A.D. 19
74 ~ be?w~en
Robert l.. Lehnherr and Bettv M. Lehnherr his wifp -
of St . L11C e Cp~n1y Florid+, herainaitN deig~ated ~s /M "MORTGAGOR;' +nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIER~E, a corpa~tion wpaniud and •ais~in~ u~der ~M laws of tM United Sut~s of America u~d Mvinp its p~incipe~ place of
business tn tM City of fort PiKte, St. luci~ County. Flwida. hersinafte~ desiynated as ths "
6RTO~E.~
WHEREAS ths MORTGAGOR b justiy irKltbt~d ro th~ MORTGAGfE in the sum of ~ ~ • 9ood and lawful money of the Un~ted
Staret ~dvanced by tht MORTGAGEE un~o the MORTGAGOR, as evidenced by a certain promiuay note of evs~ date herewith, of wh~ch the foltowinp in :
S 2~ O~~y.~is a trw copy, to-wit: . ~ 10020758 }
Fort Pierc~. Flwid~. April l~ _(q74 ~
Fw value received, 1. we or either of us, prom~se to pay, without defalcat~on, to the orde~ of FIRST FEDERAL SAVINGS AN~ IOAN ASSOC~Ai1Gti OF
FORT PIERCE at Fwt Pierce, Flwida, the sum of s 26 ~ w~th interest from date at the rate of 8• 7~ per +nnum, in monthly inst~ll-
rnent3 u TOIIOwl: S23O'~ on the 20Lhd~y of May ~q 74a~ ~ Iike sum o~ ths correspond~np day of each r*omh ~i~e?c-
after until the whole be fully paid.
Each installment first shall be applied in p+Yment of the interest and then on the u~paid balsnce of the pri~clpal sum. If defsult it made in the .
payment of ~ny installment whe~ due, and such default ca+~inues 30 days, then st the option of the holdcr, and without any other noticc, aIl the remain~rsg :
~nsrallments shall be due and payable at once. Privilege is g~ven to prepay this note in whote or in part at any time without penalty. Neithcr forabearance, ~
nw acceplance by the holder thereof after sny default in a~y payments hereon, shall be deemed extension. A late payn+en~ charge of = 11 sh+~~ be ~
added to each installment remaining unpa~d 7 days after ib due date, snd a like sum shall be added ta each such insta!ImeM remaining unpaid 7 d~ys after t
each succeeding payment date. .
Each maker, surety and endaxr hereof, joinHy and uverally, warves demand, p?esentment protest and notice of protest for nonpaymMt, and funher
ag~ees to a~y extension ot time of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a
reasonable anorney's fee in the event of any default hereunder, and hereby severaliy waives all benefit of homestead and e:emption under the con~tit~tion
and lav~ of each State of the Un~ted States, as against this obligation w any extensio~ w renewal hereof.
Witness the hand and seal of each party.
(SEAI)
s Robert L . Lehnherr ~Ai~
(s~?u ~
s Betty M . Lehnherr ~
~ $39.00 ) State Revenue ~
ts~a~~a~saaa~) 26 000 00 :
NOW, iHEREfORE, the MORTGAGOR fw the purpou of secu?ing payment of ssid sum of = ~ ' ~nd the performance of the ~
covenants and aqreements hereinafter e~ep~essed, snd for divers good and valuable considerations, by these presenb, does grsM, bargain, ull, remiu, ~
release, convey and confirm unto the MORTGAGEE, iri s~cceuws and suigns, atl that certain lot, piete or putel of land, situate, lying, and being in the
County of St. t.ucie and State of Fbrida, dewibed +s follows: ~
. ~
Apartnent No. B-2 of La Entrada Del Mar, a condoniniu~ according to ~
the Declaration of Cond~iniuo~ dated Dece~ber 30, 1972, zecorded in ~
Official Records Book 220, pa.ge 1747 of the Public Records of St.
Lucie County, Florida, together with all of its appuztenances accord- ~
ing to the Declaration, including an undivided interest in the conmon
ele~ents of said Condoainiuv as set forth in the Declaration, and as
re-recorded to reflect additional exhibits in O. R. Book 220, page 2192
St. Lucie County, Rlorida, public records.
.
! Sbbject to the terns, covenants, agreeaents, obligations and provi6ions ~
' of said Declaration of Condaainiua which sortgagor in all things does ~
~ ~ ~
~ covenant to aortgagee faithfully ta observe and perfornl ;
~ '
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T~ ~:F ~LO ~~~!N I REt~tVED ~----~P--- !N PAYMEfIT OF TAXEs
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together wi+h aIl and singula~ the tenements, hcreditaments and appurt+nces thersunto belongirg or in ~nywite +ppertaining lhereto, and all rents, iswes,
proceeds and prdfin accruing and to acaue (rom ssid prem~ses, all of which are included in the above and foregoing dewipia~ and habendum.
TO HAVE AND TO HOLD the sbove dew~bed and granted premises unro the said MORTGAGEE, its wccesson snd sssigns forever. Md the said
MORTGAGOR for ~heir - heirs, executors, administntws and auigns, hcreby covenanri with the ssid MORTGAGEE, its succeisws and assiyro.
ihat --~~3~--~-~- ~awfully xized of the said premises in fee simple; th~t the ~sme are free, dea and dischsrged itom all liens u~d encvm~
brances in law or in eq~ity, and tFwt thev will and ~1Q1I hein shall warrant ~nd defend the titk to the same to the ssid
MORTGAGEE, its succeuo?s snd suigns, forever agsinst the lawf~l claims and demandi of all persons;
~ PROViDED, AIWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note Ixreinbefore described and shall truly, prompNy i
~ and fully perform, d~scharge, execute, compkte, comply with ar+d abide by esch and evcry the stipulations, s9reements, condi+ioos a~d covenan» of s+~d
promiasory rale and of this Mwtgage, t?~en this Mortgage and the Estate hereby veated shall ceas~ ~nd be null snd void.
~ IT IS UNDERSTOOD that the word "Mortgagor" whethe~ in the siogular or plural anywhere io this Mortgsge, shall be sinyular if one only and ;
shall be piursl jointly a~d severally if more than one. and that the word "the7r" as used ~~ywfiere in this Mwtyage shall be faken to mesn "his:, ••hen,• ;
~ or "its;' wherever the context so implies w admits. Also, that wherever there is a reference in the covenants and ~greemeots herein oont~ined to sny of
the psrties hereto, the ~ame shall be construed to mean as well as the heirs, Iegal representatives, sutcessars a~ suig~s (either voluntary by ~ct of the. ;
~ parties or involuntary by ope~ation of the Isw) of the ssme and that the covenants he~ein contained ~MII bind and ths benefits and advantages inure yb ;
~ ro the respective F+e'us, kyal reprexMatives, t~ccessors ~nd au~gns of the p+rties hereto.
~ And said Mortgagors, fa themselves and their hei?s. leg+~ repreunutives, successws and auigns, hereby joimly and severally covenant and syree
to and with the said MORTGAGEE, its svcceuws snd ss~igns:
~
~ 1. To psy all +nd singular the principal and interest and the various and sundry swns of rnaxy payable by virt~re of said promissory note, and this
mortyage, each ~nd everY. Prunp~ly on the dsys respectively the same uverslly become dve. ~
~ 2. To pay all and sirgular tix tsxes, sssessmencs, kvies, lisbil~ties, obligstioe» ~nd enc~mtx~nces of every nsture snd kind now on said desaibad
~ property, or th~t hereaftN may be imposed, tuffered, plsced, levied, a sssessed thereon, a th+t hereafter may be leried or aasessad upon this Mat¢ 6
age, or 1M indebtedness secured hereby e+ch and wery, when due snd payable, sccadirg to law, befo~e they become delinqueM, and befwe any interest
attaches w any pen~lty is incvrred; AND INSOfAR AS ANY 1HEREOF IS Of RKORD THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGED OF ~
RECORD AND THE ORIGII3AL OFFICIAL DOCUMENI (SIKH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED ~
OR CERTIFIED) SHALL BE PtACED IN THE HANDS OF SAID MORTGAGEE WlTHIN TEN DAYS NEX1 AF1ER PAYMENT; and in the event thst any thereof is ~01 ;
paid, sat:stied and dixharged sa;d MORTGAGEE may st any time psy the same w+ny psrt thereof without waivin9 w affecting any option, lien, eqvity a -
•~qht ~nder or by virtue of this mortgsge and tFe full amount of each a~d every such p~yment shall be immcdiately due and payabk snd shall beat interest ~
~ ~.om the date thereof until paid at rate of nine per centum per annvm and togNher w~th s~ch interest shall be secured by the lien of th's morgtage.
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