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Home My WebLink About1207 ~~99~~ ~ THIS INDENTURE. Nl~d~ tl+~ 12 t h d~y of A.D. 19 74 betwcen Gerard D Langel anc~ Sharon D. La ~ wif ~ ~$t • 1.L1C1@ Co~nty F{orida, here~nafter dstig~ated as ths "MORT(',AGOR;' +nd fiRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT P~ERCE. ~ corporation a9ani=ed and exiiting unde~ ~he lavw of ~he UniNd Statos of America and hsvinp itt principsl plac~ of bus~ss in tl» Ciry of fwt PiKCe. St. lucis Cw~y. Florids. hereinaiter desi~~ated +i tl?~ "AhORiGAGEE." . : WMEREAS tM MORTGAGOR is justly indebted to ths MORTGAGEE in the tum of ~5 goa) +nd lawfu~ money of ~he Un~ted St~tp advanced by th~ MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promisswy note of eve~ date herew~th, of which tlie toliuvrir~ in words and figwes is s trw eopy, to-wit: e ~25~00a.00 Np11~~02~'~ Fort Piercs. Florida. Ap r i 1 12 . 197 a For value received, 1, we or e+thef of us, prwnise to pay, without defalcation, fo ~he order oi FIRST fE~ERAI SAVINGS AND ICAN AiSOC!ATION OF fORT PIERCE at fat Pierte, Florida, the s~m of ~ 7~~~~Q~ with inrerest from date at the rate of~~.o p~r annum, in mor.thly insta~:- ~,tena as fo~:ows: t~ 21 • ~Q o~ the ~~~day of Ju ~ r. 19 74 and a like sum on the correspo~d~ng day of each month ther~- sfter untit the whole be fully paid. Each installment first shall be applied i~ payment of the interest and then on the unpaid ba~ance of the prinupal sum. tf default is mad+ 1n 1he paymenl of any instailment when due, and such default coroinues 30 days, then at the opt~on of the holder, snd wi~hout any other notice, afl the remaininy ' irurailmtnh shatl be due and payable at once. Privilege is given to prepay this note in whole w in part at any time withoW penalty. Neither fwebear~nte, ~ 11.05 ~ nor xceptance by the holder the~eof after any default in any payments hereon, shall be deemed extension. A late payment chsrge of S shall be added ro each installment remaining unpaid 7 days after ita due date, and a tike sum shall be added to each such in~tallme~t remsining ~npaid 7 days afte~ eacA wccee~ing paYment date. . ~ x Each maker, ~urety and endorur hereof, jointly and severatly, waives demand, prosentment protest and notice of protest fw nonpayment, and furlher sgrees ro u+y exrensiw~ of r~me of payment, eithrr bsfore w after maturity, without notice to any of us; arxl to pay all costs of collection, indud~ng a reasonabk attwnry's fee in tlu eve~t oI any default hereunder, and hereby severally waives all bencfit of homestead and exemption unde~ the tonatitution and laws of exh State af the United States, as agai~st this ob~~gation a any eztension w re~ewal htreof. Witnesa tF+e hand and seal of each party. S1 Gera~d D. Lanael csenq (SEAL) S/ Sharon D. Lan4e1 ~q ts~u) ~ $ 37 . 50 ~ State Revenue ~ W, THfREFORE, ~he MORTGAGOR for the purpose of securing payment of said sum of S 25 and the perfwmance of the covenants and agreements hereinafter expreued, snd fw divers good and valusble considerat~ons, by lhese p~esents, does grant, bargain, sell, remise, rckase, convey and confirm unto t}~e MORTGAGEE, iri successors and auigns, all that certain lot, piete or parcel of I~nd, situste, (ying, and beirg In fhs ~~y ~ $t • L.L1C 1@ and State of Florida, described a~ foilows: The Scuth one-third cf tk~e North fifteen (15) acres of the West one-half of the West one-half _ f the tIE ~ of Sectier. 7, TcsrnshiF 35 3outh~ Range 39 East, St. Lucie ~ounty~ Florida. LE3.S r;€rts cf Ha; for crainage canals and subject to easements of record. TCC~T:i~q x-ith a ri~ht cf way easement r~:nr.in~. parallel to the ;r'est boundary line of the NE ~4~ cf said Secticn 7, Toxnship 35 Scuth~ Ran~e 39 East, a nore particular description being: Startin€ at the Nw' corner of the NE 1:, of Section ~ence run East 52 feet; Lhence run sout,h ' 3~L feet far a Faint cf beginning; thence run East 20 feet; thence run south aggrc~natels ~ 2310 feet tc Crange Avenue r~ctension; thence run 'rJest 20 feet; thence run North approzitaately ~ 2310 feet to the point of beginning, said easement being for ingress and-egress to the ~ rroperty hereinabove aescribed. ~ ~ M STATE ~F FL~RIDA ~ OOCUMENTARY,~~:;~STAMP it i~ ~ pc~rym ='i-~D• d~ IN PAYIIENT OF TAXES °c tD DEPT. 0~ RfVENUE t~ : ~s Ult~ 0!! CLASS'C INTANGIBLE PE*'~St7NAL Pt?OPERIY, '`n e\, ` p& = A'rR19'74 y. `~.~.i, ~ 3~ ~ O ~ ~ PijRSiJANT TO CHAPIER 71-134. J1CTS OF ly/1. 0 NA6ER PORRAS snut ClFq!( CIRpIR OOURT, ST. WCIE C0, M , ~ rogett~er with all and singular the tenements, hereditaments snd appvrtances tFKreunto belongirg w in anywise +pperl+~n~~9 lhereto, and atl rents, issues, proceeds and prof~ts acauing and to acuue from said premius, all of wFi~ are included in the above and foregoiny desalptwn ~nd Mbendum. ~ TO HAVE AND TO HOLD the sbove dewibed snd y?snted premises unto the said MORTGAGEE, in succetsors and surgns forever. Md th~ said MORTGAGOR fw t he i r executo~s, administrators snd assigns, hereby covenanh with the ssid MORTGAGEE, iri tuccesaon ~nd asslpns, ~ they are Iawfully xi:ed of the ssid prem~ses in fee simple; that the s+me are free, clear and discharged from all lie~ and entwrr ~ brances in Iaw or in equity, and that they will and their hein shall warrant and defend the title to the ssme to the s+id MORTGAGEE, its successo~s and au~gns, fwever against tF~e lawful claims and demands of all persons; y0 PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promistory note hereinbefore dewibed and sMll truly, promptlyo~ and fully perfwm, d~xharge, execute, complete, comply wi+h and abide by each and every the stipulaYiwu, ayreements, conditions and covenants of s~id~ - p~om;ssory note and of this Mortgage, then this Mortgage and the Estate hereby veated shall teue and be null a~d void_ f=~~ IT IS UNOERSTOOD that the word "Mortgagor" whether in the singular a plwa) snywhere in thii Mwtgsye, sha~) be siny~ler if one only and shsll be plwal jaintly snd xvenlly if more than one, and that the wwd "their" ss used ~oywhere in this Mwtgage sh~ll be t~ken to mean "hi~:• ••hers,"~' = or •its," whereve? the context so implies or admin. Also, that wherever there is a reference in tF~e coven+nri and agreements hercin contained to any of ,~-5 the p~?ties hereto, the same shall be construed to mean as well as the heirs, kgsl represenutives, succeuas and auigro (either voluntsry by act of t parties a involuntary by operation of the (aw) of the samc snd that the covenants herein comained shall bind and the benefits and adwnt~gd inur~ eo the respectivt heirs, Iegsl representstives, iuccessors and asrgns of the parties hereto. F.~.L Md said Mwtgsgors, fw themselves and their heirs, legal representative~, successors snd suigns, hereby jointly and uverslly covenant arld ~yree~'~ _ ro snd with the s~id MORTGAGEE, its successors end aui9ns: ~ ~;E 1, To pay a11 and singulsr thc pr+ndpsl •nd iroerest and the variars and sundry wms of money payable by virtue of said promissory note, ~nd thi~' =7 mo~t9s~e, ~ach and every, promptly on the dsys re~pectively the same uverally become due. 2 Tp p~y s{I snd singular tlx taxes, assessments, levies, liabilities, oblg+tiont and encvmbrarxes of every nature and kind now on s+id dewibed p~operty, p that hereafter may be impwed. suffered. Plxed, levied, w assessed thereon, or rhat heresfter may be levied w useased upon this Mwt¢ i ~ye, or the indebtedness secured hereby. each snd every, when due snd payable, eccwdiny to Iaw, befae they become detinq~ent, and before ~ny intaest s anaches or arty penatty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SNAII BE PROMPiLY SATISFIED AND DIS~HARGED OF ! RKORD AND TME ORIGIhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED) SMAII 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst ~ny thcreof ii ~ot _ pa~d, sat sfied a~d discharged sa:d MORTGAGEE may st any time pay the same w any part the~cof withovt waiving or affecting sny optio~, lien, equity or •qFt under or by virt~e of th~s mortgsge and the futl amount of each and every such payment shall be immediately due and psyable and shall besr interest ~.om the date the~eof until paed at rate of n~ne per centum per an~um and togethe? w~th such interest shall be secured by the lien of th:s morfltsye. . y~~'. . . _ _ . ;,:~:#b w... . ' . . . " ' ~~,»r _ _ " _ . , . , . _ " . . . . . . ' " " ~ _