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HomeMy WebLinkAbout0074 2`79~.'7'7 ~ . . THIS IN~ENTURE. Made ~he 22nd day of ~rch A.D. 19 74 bet~vean Walter Warren and Grace G. ar en h~s~~ilite of _ t• uC @ Counry Fla~da, hereinafte? designated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a co~pa+tiw+ orpa~i:ed a~d exiatiny u~der the lawt of 1M U~~ted Statq of Amer~~s and having its p~~~x~pa~ p~ace of businsu in ~M City of FoA Pierce, St. Lucie Counfy. Flaida, he~einafter designated as t~'~R~ GE~ WHEREAS ths MORTGAGOR is j~s~ly indebted to the MORTGAGEE in the sum of ~ • , good and lawful ~noney of the Un~ted S~ates advanced by the MORIGAGEE unro the MORTGAGOR, as evidenced by e certa~n promiuory rwte of even date herew~th, of wh;ch the foliow~np in =~30~~.rgi_is a true copy. ?o-vrit: 10~20726 UU j Mar ch 19~_ fwf Pierce, Flwida, Fw value receivcd, 1, we or either of us, prom~se to pay, withaut defalcat~on, to the order of FIRST FEDERAL SAVINGS AND LOAP7 ASSOCIAil0~1 OF FORT PIERCE at Fat P~erce, Florids, ~he sum of = 3 - w;th in~erest (rom d~dR at the rate of 8~'SOro per a~num, in monthly ~nstall- ir.entt ai fOllOwi: f 261 . 0~ - a? t~ l~th day of ~'y 19 74 and a like sum on the correspond~ng day of each month ~here- after until the whole be fulty paid. Each installment first shall be applird in paYment of the interest and then on the unpaid balance of the princupal sum. If default is made in 1he pa~~nent o( any instaliment when due, and svch default cont~nues 30 days, then af the option of the holder, and without any other notice, all the remaining ~nstaltmen~s shall be due and payabie at once. Privilege is given to prepay this note in whole w in paN at sny time without penalty. Neit, 3 f OS arance, nor acceptance by the hoide+ thereof aftcv any default in any payments hereon, shall be deemed extension. A late payn'+ent charge of S_ • }hall be added to each ins~allment rcmain~ng unpa~d 7 days after its due date, and a like sum shall be added to each such i~staltment remaining unpaid 7 days after each succerd~ng payment date. Esch makcr, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpayment, and further agrees to any cxtens~on of time of payment, either beiore w after maturity, without notice to any of us; and to pay a~l costs of collection, incfud;ng s ~eaaonab~e attorney's fee in the event of any drfault hereu~der, and hereby sevcrally waives all benefit of homestead and exemption under the constitution and laws of euh State of tlx United States, as against this obtigation w any extension or renewal hereof. Witness the hand and seal of each pa~ty. (SEAL) s/Walter warren {SEAu ~ lsen~) ' s race . aYZen ~ ~ $45.00 ~ State Revenue • (S+~+wµ~erws~i!~d~ «?~eria~we? w~ta~ 30 000 DO ~~d the pe~formance of ths MOiN, THEREfORE, the MORTGAGOR for the purpou of securing payment of said sum of S ~ • covenants and agrecments hereinafter expreued, and for divers good and valuable considerations, by these prese~ts, dxs grant, bargain, sell, remise, retease, convey and confirm unto 1he MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of Isnd, tituate, lying, and being in 1he ~ $L. Lucie and State of Florida, described ss follows: Apartaent V(304 ) O~tANNADfiS OONDOMINIUM #9, according to the Declaration af Condoniniua reco=ded in O. R. Book 223, page 864, Public RecoYd~, St. Lucie County, Florida. 'POGS?HER WITH all appurtenances theYeto, together with an undivided interest in the con~aon elements and limited coamon elements thereof, ; SUBJDCT '1~0 the terms, covenants, agreements, obligations and provisions of said E Declaration of Condominium which Mortgagor in all things does covenant to t Mortgagee faithfully to observe and perform. E 3 f } , ~ ~ FLORIG~ ~ ~ STATE S~bn~P Tn> ~ ~2 DOCUMEN7ARY,~~-„ti _ ` ~ c-' N GEPT. CF itEYENUE ` w~~ Q- C~ ~N P~rME~P~p RIY ri _ _ wr~ ~ ~'7~ f~ ~ 4 5. Q 0 ~ RECEIVED INt~~181E Pf~s`'~ lyi ~ ~ ~ N - PB- ~ ~ ~ ^ o = ~~tt~Z , p~j~goSlW~G ~ GµpPjE~R FlA ~ ~ Ri. ST. l~~E ~ ! CIR(~1~t OW ~ ' ~ together with ~II and singular the tenements, hereditaments and appurtances therevnto belonging w in anywise appertaining thereto, and all rents, iuues. proceeds and profits accruing and to accrue from said premises, all of which are included in the +bq!~ and fwegeing dewiption and habendum• ~ TO HAVE AND TO HOID the above described and granted premises ~nto the said MORTGAGEE, it• successon and aug~s forever. Md ths s~1d ~ MORTGAGOR for their ~;,s, executon, administrators and asiigns, hereby covenants with the said MORTGAGEE, its suttesson and +ssig~s. g. rhat th~_are ~a,Nfully se~zed of the said prem~ses in fee simple; that the same sre free, clear and dixMrged from all 1'~cns +nd encunr ry brarxes in law or in equity, and that they w~~~ a~ their s?~a~~ vvurant snd defend the title to the s~me to the aid MORTGA6EE, its succcssors and auigns, fwever against the lawful daims and demands of all persons; PROVIDED, ALWAYS that if thr MORTGAGOR shall pay unto the MORTGAGEE the promisscry rwte hereinbeforQ dewibed end shall truly, promptly and fully perfwm, dixharge, e:etute, complete, comply with and abide by each and every the s~ipulations, agreements, conditions snd covenants of said = Fromissory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shs{I cesse aed be null and void. IT IS UNDERSTOOD that the wad "Mo~tgagoi' whe~he? the s~nguiar w plural anywhere in this Mor~gage, sF~sll be singular if one on~y s++d '{f shall be p~ural jointly and sewrally if more than one, and that the wwd "their" ss used snywhere in this Mwtgsge shall be taken to mes~ "his;' "hen;' ~="'a or °in;' wherever the context so implies w admits. Alw, that wherevt? there is a roference in the covenams and agreeme~ts herein contained to aoy of' the parties hereto, the same shall be construed to mean as well as the heirs, legsl rep?esentatives, successon and assigiu (either voluntary by ~ct of the parties or involuntsry by operation of thc Iaw) of the same and that the covenants herein co~tained shall bind and the benefits and sdvantages inurt to the respectire heirs, legsl repreuMatives, successws snd sssgns of the parties hercto. S,y And said Mortgsgo?s, for themselves and their heirs, legal ~epresentatives, successors and auigns, hereby jantly snd sevetally covenant a sgree to and w~th tFro said MORTGAGEE, its successors md assigns: ).~To pay aU and singul~r the prinCipsl and interest snd the various and sundry sums of money payable by virtve of said prom~ssory note, and this ~;a mortgage, each snd every, p~a*~Ptly on the days respectively the same severally become dus. Y' 2. To pay and s~ngulsr the taxes, assessments, levies, li~bilities, obl~gatio~s and encumbrsnces of every nsture and kind now w+ said desuibed ~:i,, y this Mort ~ property, w that hereafter may be imposed, ivffered, plxed, levied, or auessed thereon, w that hereafter ma be levied or assesud upon y- age, a the indebtedness secured hereby, each ~nd every, when due and payable, xcading to law, before they become delinqueM, ~nd before any intere~t y~y a}taches a an na~ ~s inturred; Ary0 INSOFAR AS ANY THfREOF IS OF RKORD THE SAME SHAU BE PROMPTIY SATISFIEO AND ~ISCHARGEO OF Y~~{ Y P~ tY . RECORD AND TNE ORIGIt3Al OfFIC1Al DOCUMENT (SUCH AS, FOR INS~ANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFtC1AllY ENDORSED ~~3 OR CERTIfIED) SHAtI BE PIACED IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; and io the event that any thereof is not paid, saYSfied and discharged sa:d M.ORiGAGEE may at any time pay the same or any parf thereof without waiving w afiecting any option, lien, tqvity q '=;r' .~aht under w by virtue of this mortgage and the full amount of each and every such payment ahall be immediately due and payable and shsll besr interest ~~om the date thereof until paid at ~ate of nine per cent~m per annum and together w~th such interest sh II t~ by the lien o~(!~~ mwg~+ge- ~ ~ ~GU PAGE + - eoaK ~ y - - - _ - : _ . _ . -