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Home My WebLink About1205 2~y9~~ ~ THIS IN~ENTURE, Mad~ the lbth day of _ Apr il A.D. 19 74 between Robert T. Kr ak and Beatzice L. Kr ak his aife of SL • 1'uCi@ Counfy Fiwida, hersinaftd designalyd a f1A ~'~ORT~1O0~.'( .~d ,FIRST FEDERAL SAVINGS AND iOaN ASSOCIA110N OF fORT PIERCE, ~ corporation apani:ed ~~d ez~s~ir~g under the laws o( ths United Statas of•Amefk~ and havi~g itt p~inupal plac~ of bvsinsu in tFN City of fwt Pi~res, St. luti~ Counry. Flaida, hereinai~e~ deaignated ss th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is ju~tty indebled to 1Fw MORTGAGEE in tl?e sum of L2O ~ ~good and lawful money of the Un tcd State~ advanced by the MORiGAGEE unto the MORTGAGOR, ss evidenced by a cer~ain promiuay note of even date herew~~h, of wh~ch the io:.ow~n~ i~ words and figures is a trus copy, to-wit: : 2~ ~ 00~• 00 ' • No 100207 ~ Fort Pieres, Plorida, APZ i 1 16 ~q 74 Fw value received, 1, we o~ either of us, prom~se to pay, wi~hout defalca~~on, to the order of fIRST fEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE al Fwt Pierce, Florida, the :um of s 20~~~'~ w~th intcrest irom date at the rote of 8!?~b per annum, in monthly instalL- ments as foltows: S 165~ ~ a+ 20th day of `TulY 1q74 and a like sum on the corresponding day of each month the~r after until the whole be fuily paid. Eath i~stallment fi~st shall be app~ied in psymen~ of the in?erest and then on the unpa~d balance of the pr~nupal wm. If default is made in the payment of any installmeN when due, artd svch defa~lt continues 30 days, then at the option of the holder, and withour any other not~ce, all the remain+ng installments shall be due and payabte at once. -Privilege is given to prepay this note in whole or in part at any time withovt penalty. Neither iaebearance, nor acceptarxe by the holde~ thereof after any defaull in any paymenis hcreo~, shall be deemrd extensiort. A late payn+ent charge of j 8' 25 _ sha11 be added to each ins~allmeN remai~ing unpa~d 7 days after its dw date, and a:ike :um shall be added to each fuch instattment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and aeverally, waives demand, presentment protest and notice of proteat for nonpayment, a~d further agrees to any eatension of tin,e of paymeM, either before or after maturity, without netice to any of us; and to pay all costs of collect~on, including a reasonable attorney's fee in the event of any de(ault hereunder, and hereby severatiy waives atl benefit of homestead and e:emption under the co~stitution and Iaws of aach State of the United Statcs, as against this obl~ga~ion a any eate~sion or renewal hereof. Witness the hand and seal of each party. (SEA~ s ober t . Kr yak ~f s/Beatrice L.~Ksyak ~ ~ ~3O•~ 1 $ta?e Revenue ~6~w'a~oMC~il~w+'e~isiwai,~st.l- - . 2O and the ormance of the NO'~Al, THEREiORE, the MORTGAGOR for the purpose of sec~ring psyment of ssid aum of S ~ covenants and agreements hereinafter expressed, and for divers good and vatuabie considerations, by these presents, does grant, bargain, setl, rem~se, releax, convey and co~iirm unto the MORTGAGEE, its succes~rs and ass~gns, all that certain bt, piece or pucel of land, •ituate, (ying, and beiny in the County of $t. Lueie and State of florida, de~cribed as follows: ?he North 155 feet of Outlot 16 and the ~North 155 feet of the We~t 140 feet of Out- lot 15, together with 20 feet vacated right-of-way adjacent on the North Boundary of property. LoL S, Block 75, together with 60 feet vacated right-of-way adjacent on the North. L.ot 9, Block 75, less and excepting the North One-Half of vacated alley adjacent on the South, and An undivided one-fourth interest in and to the South 10 feet of the Soutb 310 feet of the South 490 feet of that part of Lot 62~ Bast of Canal 71 and North of the Westerly exteasion of North boundary o~ Outlot 14 (being also the South boundary i ~f Outlots 15 and 16). ! All lying and being in Section d, ?awnship 36 South, Range 40 Ba?st, WHITB CITY i SUBDIVTSION of Sections 3, 4, 5, 8, 9 and 10, Township 36 South, Range 40 Bast, E according to plats thereof as recorded in Plat Book 1, Page 21, and Plat Book 1, ~ Page 23, of the Public Records of St. Lucie County, Florida,~ 3 STATE ~F FLC R! ~Jl-> ~ .:p nocunnENtA~Y,~- ~ ~ STAM P i~.,~: I c°-~' v DEPT. UF REVENUF Ri`~~~ 4 ' ~ a IN PAYME7~j ~ 3 0. ~ 0 ~ ou~ oN a~ss ~ ~hr,,,,,c~ oF wces 8LE PE~RSONAL PR.OQER(Y, _ :.rd 14'71 . PURSWMt T ~ N ='eat ( 0 CHAP*FR 71-134. ACTS OF iyil. ~ FO::c3 POITRAti ~C e . ClE3K CIRp;Ii W:ie2T, Si. Ltit:~t fA. F!A ~ together with all a~d singular the tenementt, hereditaments ~nd appurtances thereuMO betonging w in a~yw~se appertaining thereto, and all renb, iawes, proceeds and profits sccruing and to acvue from said premius, all of which are included in the above and faegoing dew~ption and habendum. ?O HAVE AND TO j101D the above described and granted premises unto the said MORTGAGEE, its successors ~nd suigres foreve~. /!nd th~ s+~d their ~ MORTGA for heirs, executws, administrators and a~signs, hereby covenan» with the s~id MORTGAGEE, iri sutcessors and ~ssigro. rhat -~~ey are ~awfully seizcd of the sa~d premises in fee simple; that the same sre free, clear and diuharged from sll liens and encun?~ x - brances in law or in eqvity, and that they W~~~ and ~e1Z hein shall warrant ~nd defend the title to the same to the ssid -~'`'3 MORTGAGEE, its successors and assigns, faever aqainst the lawful claim~ snd demsnds of sll persons; PROVIDED, AUNAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiasory rate hereinbefore described and ahall trulY, p?a^P~~Y and fully perfwm, dixhargc, execute, complete, comply with and abide by esch and every the ~tipulstio~s, agreements, caiditioin a~d covenanb of sa+d _ promissory note +~d of this Mortgage, then this Mortgage and the Estate hereby veated iF~all cease snd be nv~) •nd void- IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular w plvral anywhero in this Matgage, shall be si~yul~r if one only and ~ shall be plu?al joinNy ar?d severstly if more than one, and that the word "their" as used anywhere in this Mort9age sh+ll be taken to mean "his;' "hen~O ? or "its," wherever the context so implies w admits. Alw, that wherever there is a referente in the covensnb +~d +greemeM~ herein cont~ined to any p _ ~he parties Froreto, the ssme ihall be construed to mean af well ~s the heirs, legal representativet, successon snd auiqru (either voluntsry by act of tF parties or involumary by operation of the law) of the ssme and that the covenants herein contained shall bind ~nd the benefib end advantaqes inwe~ ~;d to the respettive he'as, legal representatives, successors and au°yns of the partip hereto. ~ And said Mortgsgon, for themselves sod their Fxin, leg~l representstives, successors and assig~s, hereby joinNy and severally covensnt and spree~ : to and with the said MORTGAGEE, its successors and assigns: 1. To psy all ~nd singular the p~~rxipsl snd inte?est ~nd the various and sundry sums of money payable by virtue of said prom~ssory note, and thia y~. mortgage, each and every, proa+ptly on the dsys respectively the same severally become due. 2. To psy snd singulsr the taxes, assessments, levies, liabifitie~, obligations and encumbrances of every nature snd kind now on uid desa~ed}~ rv~~~ Property, a that haeafter may be imposed, suficred, plxed, levied, or +ssesxd thereon, a that herea{ter may be Icvied or assessed upon fha Morq-~ age, a the indebtedneu secured hereby, exh and every, when dve and payable, xcording to Isw, before they become delinqueM. +nd before ~ny intaa~~ attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGEO OF s~ RKORU AND THE ORIGINAI OfFIC1Al DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS ~JF SAID MORTGAGEE WITHIN TEN DAYS~NEXT AF1ER PAYMENT; and i~ the evem that any thereof a rwt paid, saYsficd and discharged sa'd MORTGAGEE may at any time p+y the same w any part thereof witFw~t waiving o~ ~ffecting any optan, lien. eQuity w •ipht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable ++~d shall bear interest kom the date thereof uMil paid at rate of n~ne per centum per annum snd together w~th such interest shat) be secured by the lieo of th's mo:yta9e. „x _ ~ ' - _ . _a _ _ V~~ i~ ~ , _ . . . _ ' _ . _