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HomeMy WebLinkAbout2544 V i 2~2~!~3 ~ . . l' i r ,1 , ~ , THIS INDENTURE, /Aad~ tl~e 17th day of ,ta _ ~ A.D. 19 74 between Edrrard P. Aob n4c~n, and I.ouise P. Robinson, h s_ wife of St . Lucie ~ounty Fio~ida, hereinatter detw7^atcd ss the "MORTGAGQR." and FIRST FEOERAL SAVINGS ANO IOAN i.`aSOC1ATtON OF FORT PIERCE, a corpaation wyaniied u~d exis~ing undm tM laws ot tM Un~ted St~qs of Americ~ and having in pr+nc'P+~ P~K~ of busintss in 1hs City of Fwt Pierce, St. lucie County. Flor~d+. F+ereinaiter designated as the "MORTGAGEE:' WHEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S- 2~-~~'~ . 9~ and lawful money of the United States edvanced by the MORTGAGfE unto the MORiGAGOR, as evicknced by a certa~n prom~ssory no~e of even date he~ewith, o( wh~ch the iollowing in worda a~d figures is a trva copy, to-wit: ~ 20~2~887 s 2~ . 000 ~ 00 Fort Pierce. Florida, Mav 17 19...7~ Fw value received, we or either of us, prom~sa ~o pay, wi~hout defalcation, ~o ~he o~der of FIRST FEDERAL SAVINGS AND IOAN AS~ACIATION OF 20 ~ w,t?: interesl from date at the rate of 9• per a~?num, in ma~thly instalb FORT PIERCE al fo~t Pierce, florida, the sum of 5----t-- ,,e~~s as follows: S 180•~ .x~ the ZOth day of June 1q?4 _ and a like sum on the corresponding day of each month therr af~er until the whole be fully pa+d. . Each installment first shall be appl~rd in paymen! of ihe interest and tF,zn on ~he unpaid balance oi the princ~pal sum. If defaulf is made in the ~:3yment of any installment when due, and such default continuas 30 days, then at the option of the holder, and without any other ~otice, all the ~e+~~~~~+9 ~„sraltments slwll be due and payable at once. Arivilege ia given lo prepay this noto in whole o? in part at any 13me w~thout peoalty. Ne~1Fm forebearsnce, nor acceplance by the holde~ thereof after any default in any payrnems hereon, shal! be dcemed extensio~. A late payment charge of S 9!~ 3F?a~l be added to each instaltment remaining unpaid 7 days afte~ its due date, and a tfke sum shall be added ro each such instaflment remaining unpaid 7 days affer each succeeding payment date. Each maker, surety and ertdwser hereof, jointly and severally, wa~ves clen.ar.d, presen~~nent protest and notice of protest for nonpayn+e~1, and further .~~rees to any extension of time of payment, e~ther brfore w after matunty, without not~ce to any of us; and to pay all costs of tollection, includiry ~ e~sonable attomey's fee in the event of any default hereundzr, and hereby s~ve~ally waives all benefit of homestead aod exemplioo under the coostitution 3nd laws of each State of the United States, as against this obGgation w any eAtens~on or ~enewal hereof. Wit~ess the hand and seal of each party_ 5/ clwa r d P. i son ~u ~ 9cL (SEAU s/ uise P. inson ~wi~ -y-- ` ' cs~W , ~30.00 ~ Srate Revenue ` 20 000.00 NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s • ar+d the performsnce of ihe cevenants and agreements hereinairer expreued, and for divers good and vatuable considerations, by tl?ese presents, does gnnt, bargain, sell, remise. reiease, convey and confirm unto the MORTGAGEE, ils successors and assigns, al! that certain lot, piece or p+rtel of land, situate, lyi~g, and being in the County of St . Lueie and S~ate of Flo~ida, deuribed es follows: Building Number II.- ( 1~)of the Colonnades Condominiu~a No. S . according to the Declaration of Condominium recorded in O.R.. - Book 197, page 1482 of the public records of St. Lucie County, Florida, as amei?ded by instruments recorded ~~lorida to~ether page A96 of public records of St. Lucie County with an undivided interest ir Lhe co~mon elements and the limited common elea~ents thereof. j Stt~?F("T TO the tPr~~g, covenants, an: ee'~ents, 'oblinations and ` provisions of sai~ '~eclaration o` Conc'o~~iniuro which tortga~or in all thin~s ~oes covenant to lort~aaee faitl~fuily to obse~ve and pe; Fo- N y v STAT O~ • IN PAYMENT OF T~ FL.O R t D A I Rec~u ox DO~UME tARlr STpMP Tn x a~ on a~?ss ~~~~?ncie~ ~"S4':\L PROPER(Y4 DEY p REVE ~ JICiS OF lO]l. s pWiSIM!(f TO CFI~PTER 71-134, ~ w e. k~Yp3'TI = ' ~ ~ ~ aQ6ER POITRAS ~ FIA. P o2~ - 3 0 0 0 ~ ~ c~aouR oou~r. sr. u~ , l rogether with all and singu!ar the tenements, hereditaments and appurtances thereunto belonging or in snywise +ppeAaining thereto, ~nd all rMb, issues, ;,•oceeds and profits accruing and to accrue from said premises, all of which are included in the ebove and foregang description +~d b+bendur^• TO HAVE AND TO HOLD the above de:c~ibed and granted premises unto the said MORTGAGEE, its successors a~d auigns forever. Md ths s~id h10RTGAGOR for r----- ~~rs, e:ecutors, administrators and aisigns, hereby covenanb witfi the said N10RTGAGEE, its sutcesson +nd ~ssipnt. .y,~t ~]l~}L ~LQ___ ~aWfully se7zed of the said premius in fee simple; that 1Fx ssme are free, clear snd d'ischarged from all liens and ~ thgy W~~~ a~ their hein shall warrsnt a~d defend the title to the s~m~ to ths said brances in law or in equity, and that ' :'.ORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all persons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the p~anissory note hereinbefore described and shall fruly, pranPt~Y a~d fully perform, d~uharge, execute, comp~ete, comply with and ab~de by esch and every tlx stipulations, agreements, condiiaro +nd coven+nn of said ~ ~rom~ssory note and of this Mortgage, then this Matgage and the Estate hereby aeated shall cesse and be rw~~ s~d vo~d• :~c IT IS UNDERSTOOD that the word "Mortgagor" wFxther in Ihe singular w plutal snywhere in this /NwfgaQe, sh+ll be singular if ons only u~d shall be plural jointly and uverally if more than o~e, and that the word "their" as used anywhere in this Mortgage shall be t~ken to mesn "his:' '~hers," e+ "its;' wherever the context so impl~es or admits. Also, tha~ wherever there is a reference i~ the cover?snts snd +y~eemeMS herein cw~tsined fo any of~ ~he parties hereto, the san+e shall be construed to mean as well as the helrs, lega) representetivq, sutcessors snd auigns (eithN voluntary by att of th~~ t parties w involuntary by operation of the law) of the same and that the cove~ants he~ein contained sMll biod and the benefits srd ~dvantayts imx~~~ ro the respective heirs, legal representatives, successors and au'gns of the parties hereto. y~. And said Mortgsgors, fw themselves and their heirs, legal representativq, successors and suigns, herebY loiMly and sever~lly toven+nt snd aqreern ro and with the said MORTGAGEE, its successws and assigns: 1. To pay sll and singulsr the principal and interest and tF~e various snd sundry sums of money psyable by virtue of said promiuory rate, s~d thi mortgsge, each and every, promptly on the days respectively the same severally become d~?e. 2. To pay all ~nd singular the taxes, assessmenn, levies, liabilities, oblgatwns snd encumlx+nces of every nature and kind now on s+id desc? property, w thst hereafter may be imposed, s~ffered, placed, levied, or ~uessed thereon, o~ that hereafter may be levied or ~ssessed upon thh Mwt¢ age, a the indebtedneu secured hereby, exF~ and evcry, when due snd psysble. according to law, befwe they become delinquent. ~nd before any iMerest ztraches or any pena~ty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTIY SATISFIEO AND DISCHARGED OF RECORD ANO THE ORIGIKAL OFFICtAI DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFAC710N PAPER OFfIC1ALLY ENDORSED OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN OAYS NfXT AF1ER PAYMENT; snd in the erent thst ~ny thertof is no1 pa~d, saYsfied and diuharged sa:d MORTGAGEE may at any time pay the same or any part the~eof wi~ko~t waiving or affecting sny option, lien, equity a .~~ht under or by vir~ue of this mortgage and the full amount of each and every iuch payment shsll be immediately due snd payable and shall bear interest ~rem fF~ r)are +^e-ec~ ~n! ; na d~~ rat~ of nine per centum per annum and together w~th wth interest shall be setured by fhe lien of th s morgr~ge - - - - ..:,,.F. 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