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Home My WebLink About0129 ~ 281201 ~ THIS I~IDENTURE, Mad~ ths ~ 26th day of Apr i 1 _ A.~. 19 74 between GeYald W. Schriner and Mildr d S of $t• LuCi@ ~ County flwid~, Mrain~fta dcsigna?ed +s ~!y M~ T~GA('jOR." FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpaation wp+nisd and ~xisting under tM laws of ~+i~,Unihd St~t~a oF Mneriia `~nd havinp its principsl plsce of busi~u in tM Ciry of Fort PiKU, St. tuci~ Coi?nry, Florida, hereinafur dtsiynat~d ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly indebttd to tM MORTGAGEE in the sum of : 2O• ~ yo~d and tawful money oi the Un~ted States advanced by Ihe MORTGAGEE u~to the MORTGAGOR, aa evidenced by a certain {xomiuory note of eva? date he~ewith, of wh:cA ~he iollowin~ in M,ords ind f' ures is a trw copy, to-wit: 10020839 s 20, 00~.00 ' Apr i 1 2~°`~ For1 Pietn, Flwida, For value rateived, I, we or either of vs, promise to psy, withoul defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOC~AiION Of ~ FORT PIERCE at Fat Pimce, flaida, the sum of i2O ~ w~th interest i~om date at the rate of 9• 2~"7~o per ann~m, in monthly install- men~s as followi: Y84 on tha2Ott1 d+y of J~ @ lq 7'a and a like swn on ths corresPa+d~^p d+Y of each month there- t afrer uMil the whole be fully paid. 4 Eath instsllmcnt first shall be applied in paYnxnt of the interesl and then on the unpaid balsnce of the principal sum. If default is made in the f paynxnt of any installmem when due, and wch def~uh contin~es 30 dari. lhcn at the optio~ of the holder, snd without any other notice, all the ?emaining installments shall be due and payabte at once. Privile9e ia given to prepay this note in whole or in part at any time without penalry. Neithet iwebearsnce, nor ~cceptarxe by the hotde~ thereof after a~y default in ~ny paYmen~s herew+• sh+~~ be dee'^ed extensan. A Iste payment charge of Z 9' 2O sh~ll be added to each installment remaining unpaid 7 dayi after iri dus date, and a like sum shall be sdded to each such installment remaining unpaid 7 days afte~ each succeeding psYment date. Each msker, surey a~d endorser hereof, joinlly and sever~lly, waives demand, p~esentment protest and notite of protest fw nonpayment, and further agrees to any eztension of time of paymeM, either be(ore or after maturity, wi~hout notice to any of us; and to pay all costs of collection, including a reasonable attwney's fee in the evrnt of any defauit hereunder. +nd hereby severslly waives all benefit of homestead a~d exemption under the constituYan and laws of each State of the United States, as against this obligation a any extension or renewsl hereof. Witness the F?and and ual oi each party. S,lGerald W. Schriner (SEAL) cs~?~) S/Mildred SchrineY csEnU ~ $30.00 ) $tate Revenve (sti~.t~~-~+M.~.~ 000 00 NOW, THEREFORE, the MORTGAGOR for the purpox of seturing payment of said sum of = Z~ ~ • ~nd the pe~fonn+nce of tM cove~ants u~d agreements hereinafter expreued, u+d fw divers good and valuable consider+tions, by these presents, does grant, baryain, ull, ~emim, release, convey and tonfum unto the MORTGAGEE, its succeuors and auigns, all that certsin IoL piece or putel of land, sitvate, lying, and being in the County of $t. Lueie aod State of fbrida, deu~~bed u fdlow~: Conaence at a po$nt on the east right-of-way of F~C Railway 175.Sb feet North of the South line of Governaent Lot 1, Section 29, Tawnship 36 South, Range 41 Bast, and run 360.4 feet Bast and parallel to said Sauth line of Governnent Lot 1, to point of beginning; thence northwesterly pazallel to Indian RiveY Drive 104.52 feet~ thence 115 feet Ba?st and parallel to said South line of Governaent Lot 1, thence 104.52 feet Southeasterly and paYallel to Indian RiveY Drive; thence 115 feet West and parallel to said South line of Government l.ot 1 to point of begin- ning. Reserving to Grantors his successoYS and assigns easeaent for roads in and to the North 10 fe~t of said tract of land. Also ra~t'yg herein an easeaent for ingress and egYess to a roadway 20 feet wide an~110~~~~~i a line 255.98 feet NoYth of and ' parallel to said South line of Governnent Lot 1, exter~ding froa the east right- ~ of-way line of F~C Rail~ray to the Indian River andtiith riparian rights as to said ! 20-foot roadxay. q~ STATE FLORID%~, ~ ~ oZ N DOCUMENTARY~.:,-~STI~MP ;1~~ ~ gE~p O•~ INPA~~1EftTpFT11XES ~ ~ DEPT_ OF REVEHUE '~'i ! p~ pN INT/LYGIRLE PE-~S;it!IL P.kO?ERIY, Z ~ CO 1 ~ ~ T ~ i~ = pe = x~r-~~~i ~ 3 0. 0 0{ PURSUANT TO Cl1APTER 71-13:. ,?cTS oF i~.,~,~ m = t t 102 ~ ~ ROGER POITRAS ~ G.EJOI CIRCUIT OOURT, Si. WCIE 00, FtA ~ _ together with all +nd singular the tenements, hereditsmenri and app~rtances thereunto bela~ying a in snywise appertaining therero. ~nd +II rents, issues, } proceeds ard profin scauing snd to acuue from ssid premises, all of whicfi are included in the +bove and foreQoing dacription ~^d h+b~^dum. TO HAVE AND iQ e i~~ a~~ d~'~ ~^d 9~~^t~ unto fhe said MORTGAGEE, its suocessors ~nd +ss~9^s faever• And th~ s+td MORTGAGOR for 11 - i?eirs, executon, sdmi~istratws and auigra, herebY cove^+^ri "vith ~he sa~d 1~RTGAGEE, ita s~ccessors and +ssi9^s• rhat thQV d26 _ lawfully seized of the said premises in fee ~imple: tF?st the same ue frse, ckar and di:cF?sryed from atl lieru ~nd encurtr brances in law or in equity, and that they will end their hein sh~ll wsrrant and defend the titk to the s+me to the said MORTGAGEE, its svccessors and sssigns, forever against the lawful claims and demands of ~II persons; PROVIDED, AIWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE tM promissorY note F~ere~^befote described °^d sF?+~~ truly, promptly 4 and fulty perfwm, d~uMrge, execute, compkte. comP~Y w~th snd abide by each and every the stipulations, sgreements, conditions and covenann of ssid promissory note ~nd of this Mortgage, then this Matgsge +od tF+e Estate hereby ue+ted shsll u~ss and be rnrtl snd void• IT tS UNDERSTOOD that tF?e word ••Mortgsgor" whethe? in the singular a plwal ~nywhere in this Mwtgs~e, shall be sirgutsr if one only ud shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortyspe shall be tsken to mesn "his:• ••hen•• or "its;' wherever the context so implia or admits. Also, thst whcrever there is s refaence in ths tovenanri ~~d sgteert~cnts herein contained to any of a0 fhe paMies hereto, the s~me shsll be caatrued to mean ~s well ss the heirs, leyal representatives, successon snd sssigns (either volunqry by act of 1M p~p parties w involuntary by operstion of the law) of the ssme and thst the covenants herein contsined shall bind and the benefib and ~dvantspes irwre ~ ro tF?e respective hevs, kgal rep~escntatives, successo~s and au°q~s of the psrtid here+o• qnd said Mwtgsgon. fw themselves and their hein, legal repreuntatives, successors and ssiigns, hereby jointly and severally covensnt and ayree ~ to and with the said MORTGAGEE, its successo?s a~d +ss~9rns 1. To psy ~II and sing~lsr the p~incipa~ and interat snd tix vsrious snd sundry svms of money p+Ysbk by virtue of said promitsory note. ~nd this~ mortgsge, each and every, prw~ptly on the days respectively the ssme severally becane due. ~ 2. To psY all ~nd sirgular tF~e axes, sssessments, levies. liabilities, obligat~w~s snd encumbr+rKes of every nah?re +nd kind now on said desuibed property, w that hereafier may be imposed, suffered, plated, levied, w assessed thereon, w th~t heresfier may be levied or ~ssessed upon ihis Mort age, a tht indsbtedness secured hereby, esch +nd every. when due ~nd p+ysble, according to law, befwe they become delinquent. ~nd befon any interes attathes w any pe~+~tY ~s ~M~rred; ANO INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AN~ DISCHARGED O RECORD AN~ THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSE OR CERfIFIED) SHAII BE PLACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is ~wt paid, sat'ified and disch~rged sa:d MORiGAGEE may st s~y time psy the same or any part thereof without waiving or affectiny ~ny option, lien, equity a •~qht under w by virtue of this mortgsge and the f~ll amount of esch and every such psyment shall be immediately due and payable and sF~all bear interest ~~om the date the:eof until pa~d a1 rate of nine per centum per annvm snd together with such interest shsll be secu?ed by the lien of th's morgtage. ~ - - -