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HomeMy WebLinkAbout1581 . ~ ~ ~ ~ , 2~?~81 THIS INDENTURE, Made thR i 7th day of May A.D. 19 74 betw~en Chester R. At?lstYOm and Marie M. Ahlstroa his wife uf St• 1+uC~@ _~~q~My Flwid~, hcroiruiltr desgnated ati the "MORTGAGOR;' and fIRST FEOERAI SAVINGS AND LOAN i ASSOCIATION OF FORi PIERCE, • m~por+~~on a9a^'=cd and •aiuing w~da fM laws of ~he U~~~ed Sta~s of Ameriu and Mvlnp its principal pl+ce of ` busmeu in the City of fort Pie.ce, St. lucie County, Flaida, Ix~ein~fter desi~nated as ~he "MORTGAGEE:' t 33,500~00 and lawf~l money of the Un~ted WHEREAS 1he MORTGAGOR is jusNy iodebted ~o the MORTGAGEE in the s~m uf S- ~ ? 5!ates advanced by the MJRiGAGEE unto the MORiGAGOR, as evidcnced by a ce~ta;n promisswy note of even date herr~nrith, of which the ~ollowinq in ~ ..o3~'n~~:r s~is a truv cop~•. to-w~r lOO2O8G1 s t~ y fort Pierce. Florida. 19 For value received, 1, we or e~fher of us, promise to pay, without defatcatwn, ro ~he order of FIRST FEDfRAI SAVINGS AND IOAN AJStX.in~~vir vF ~~T PIERCE at Fort Piercc, florida, the su~n or s. 33i500~00__ _ w;ih ~ntrrrst from date at Ihe rate of9~~ °.'v p~~ ~^~hly install- .,rs as foNows: S-2S2 o^ ?~th day or ___Jw~e ~9_74 and a fike sum on the corresponding day of each mooth thcre- until the who:e be iully paid. Each ~nstallment firsf shall be appl~ad in pay~nent of the interest and then c,~ the unpaid balante of the princ~pal sum. If defauh is made in /he ,~,~~ient of any insta~lment when due, and such .~efault coNinues 30 days, then at ~he option of the iwldei, a~d without any olher notite, all the ~emaining ,.s~,!~menb shall be d~e and payabie at o~ce. Privilege is given to p~epay this ~ote in wholE or in part at any~ time witFwul pena~~Y• N14 lO rante, ~.o• acceptance by the 1:older thereof aiter any default in any payments hereon. shall be deemed extensioo. A late payment charge of S • ~ ;!:i.d to each insialiment remaining unpa:d 7 days aiter its due date, and a I~ke s~,m sha;l be added to each suth instalfineN remaining unpaid 7 d+yt aher each succeeding paYment date. Each maker, surety and endorser he~eof, jointly and severally, waives demand, presentme~t protest and notice of protest for ~onpaYment, and furthst +~~ezs ro any extension of t~me of payment, e:thrr before or after maturity, withovi not~ce +o any of us; and to pay all costs of collection. i~dud~ng a ;;onabk attorney's fe~e in the evem of any defaott hereunder, and hereby severally waives all benefit of homestead and exemption cnder tlx tonstitution d!a.vs cf each S~ate of the United States, as agamst this obl~gation or any eYte~sion or renewal hereof. Witness the hand and seal of each pa~ry. A211StYO1R s/Chester R. ~?u 1;' ; ! ~ ~ . - t;: • * tSEAU ~ ~ s/Marie M. Ahlstzos tsewU . ~ $50.25 State Revenue ' ~ - ~s~.~.,~,...~~.,..~:y:.,.+.»,.~- . • _ - 33 500 00 NO~H, THEREF~RE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ ' and the performance of th~ o:rnants and ag~een:ems hereinafter expressed, and for divers good and valuabte cons+deratioos, by lhese presmts, does g~ant, baryain, sell, remix, ` lease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piete w partel of land, aituate, lyiog, and beirg in the County of $t. Lucie and State of Fbrida, deauibed as follows: . Apartment V(206, C~IANNADES C~NDOMINIUM +~9, according to the Declaration of Condominium recorded in O.R. Book 223, Page 864, Public Recozds of St. Lucie County, Florida. TOGETHBR WITH all appurtenances thereto, together with an undivided interest in the conaon elements and limited common elements thereof, SUBJ~CT '1'U the terms, covenants, agreeaents, obligations and provisions of said Declaration of Condoniniun which Mortgagor in all thirug~,do~ eovenant to Mortgagee _ faithfully to observe and perform. ' ~ STATE -,F ~L ~ t=? ~ J f'. ~ ~ ~ _ DO,_!JMENTARY ~ ST:;M 't. ~ ~ ~ ~~c~ i:EY"[^1U~ •"T'~'". ~ j, PA ==~~r~ ~~;4 5 0. 2 5~ ~ _ . ~ - : ~ RECEIVED ~ iN PAYk~E1iT Cf T.iX~ DUE OM CIASS'C INTfWGIeI.E PERSONAL P°QPER^f, P1~RS1lANi TO CIIAPfER 71-134, ACTS OF ls7l ~X _I R06ER POIIMS y/ t~.f~l CtROUR OOURT, ST. UlCIE CO., ~q, ge+ner with alf and singular the tenemems, hereditaments and appurtances thereu~to belonging or in anywiie appertaining lhereto, and aU rents, iuues, _ . cceeds and profits accruinq and to accrue from said premixs, all of which are included in 1he +bove snd foregoin9 descripYan and habeodum. TO HAVE AND TO HOLD the above descnbed and granted premises unto the ssid MORTGAGEE, iri successo?s snd ~uig~s fweve?. Md tM M1d :~ORTGAGOR for --thelY-_--- ~~~s, executors, administrators a~d asaigns, txreby tovenanls with the s+id MORTGAGEE, iri suctesson a~d +signs• theY_arQ Iawfully se~zed of the said prem~ses in fee simple; that the same sre free, clea~ ~nd d"ncharged from all liero snd ~ ~-ances in taw o+ in equity, and that they witl and their hein shall wsrnnt and defend the title to the s+me fo the said , :'.ORTGAGEE, its successors and assigns, fwever against the lawful ctaims and demands of all persons; ~ PROVIDE0. AlWAYS that if the MORTGAGOR sha~l pay umo the MORTGAGEE the p~ornlssorY note hereinbefore destribed ~~d sh+~~ ~nr~Y. Wa^P~~Y ,-d fulty perform, dlscharge, execute, complete, comply with and ab~de by each and every the stipul~tions, s9reements, conditwns and covenanb of s~id ;~cmisswy note and of this Mortgage, then this Mortgage and the Esrate hereby cteated shsll cesse and be null +nd vo~d• IT IS UNDERStOpa that the wwd "Mwtga9or" whether in the singular w plural ~nywhere in this JNortgs9e, shall be sirgulu if one only ~nd ;ha:! be plurol joint~y and severally if more thsn one, and that the word "their" as used anywhere in 1ha Mortgage shall be fsken fo mesn "his;' "he?s," ~ _ ~r "it:," wherever the contea~ so implies or admits. Also, that wherever there is s referente io 1he covenaMS and spreemeMS ~erein contained to aoy of 'r;~ •~~e parties hereto, the sarrK shall be construed to mean as well as the heirs, legal representatives, s~ccesson and suigns (either volunfary by atY of th~ y"~O ~arties or involuntary by opera~ion of the law) of the same and thaf the covenants herein tontained shall bind snd ~he benefin and adv.nta9es i~wr. ~ ~he respective heirs, legal rcpresentatives, successors and au~gns of the parties hereto. ' And said Mongagors, for themulves and thei~ hein, legal represe~tatives, successors snd ~ugra, he~eby ]oint~Y ~^d se~e~~~ly coven+nt ~nd ayne ~ ~o and with the said 1NORTGAGEE, its successors snd assigm: ~ I. To pay all and sinpulsr the principal and ineerest and the various and sundry sums of money pay~ble by virtve of said promisswy note, +nd this m 1 mortgage, each and every, promptly on the days respedivety the same uverally become dve. ~~y ~ 2. To pay +II ~nd s~ngulsr the taxes, assessmcnts, levies, liab~lit~es, oblgstions srd ena?mb~snces of every ~ature and kind now on s~id dac?ibed s property, w that hereafter msy be imposed, suffered, placed, ievied, o~ +ssessed ?he~eo^. w tMt heresfter may be levied o? sssessed vPon ihia Mwt~' age, u the indebtedneu secured f?ereby, esch and every, when due and pay+ble, accordiny to law, befwe they become deli~queM, ~nd befu~ ~ny intet~st i •raches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIEO AND DISCFWRGED OF ~ECORD AND THE ORIGINAL OfFIC1Al DOCUMIENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIALIY ENOORSED GR CERTIFIED) SHAII BE PIACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENT; and in the event thst any fhereof a not ea+d, sat sfied and ditcharged sa'd MORTGAGEE may at any time pay the same w any psrt thereof without waiviny or a(fMing sny option, lien, equity or •~qht vnde~ or by virtue of this mortgage and the full amount of each and every svcF~ payment shall be immediately due and payable and shall bear inte?est t,~.... f~~,~,~ .,~r :~•a d a• .ate of nine per centum per annum and together w~th such imerest shall be secured by the lien of th: mo~gtage. - - - - _ - - - -