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Home My WebLink About0034 ~8~248 ~r . • { . THIS INOENTURE. Made the 2ath day oF M'3y A'~' ~9 7d beMr°°~ Karl Larsson and Vilma ~Lareson, his wifc~;:= of St. LUCle County flwida, here~nafter dcs~~nated as Ihe "MORTGAGOR;' and FIRST fEOERAI SAVINGS AND LOAN i ASSOC.IATION OF fORT PIERCE, • mrpaat~on oryanized artd existing unde~ the laws of ~he Un~ted S~aios of Amerita and Mvinp its principal place of ~ bus~ness in ths Ciry of Fwt Picr<s, St. lucie Covnty, F;orida, hereina(ter designated as the "MORTGAGEE:' ~ . 25 OnO~ ~ and lawful monay ot the Un~ted 4 WHEREIY$ ihe MORTGAGOR is jus~ly indebted to Ihe MOR.GAGEE in the sum of S 1 . 9~ Stares ed~anced by the h10RTGAGEE unto the MORTGACat7R, as evickncrd by a ce~ta~n prom~ssory note of eren date herewith, of wh:th the (otlowirtq in ~ .,~ord~ aod (igurrt it a true copy, to-wit: j z 25,000.00 28 10020~04 ~ . Fort Pierce, Florida, y 19 Fp valve received. I, we or eilher of us, promise to pay, without defa!cation, to the order of fIRST iEDERAI SAVINGS At3D IOAN A$$OCIATION OF FC;RT PIERCE at fo~t P~erce, F!or;da, tha sum of S-~s-~~~~Q------- w~~h mtrrrst from date at tne ~ate of ~_75b pe? annum, in monthly install• -,rs aa FoCows: 5238 •~0____ ~ ehr ~~f.fL day of ~_.jtll r~._ . 19 and a like sum on tha corresponding day of each month there- } s•i~•r untii ti~e who~e be fulty pa~d. ; Eath ~nstallment !irst shail be app'~ed in payment of the interest and t}~en cri the unpaid balance of the p~inc~pal sum. If default is made in the i ,„~nznt of any installment when d~e, and su:h de~au:t continues 30 days, then at the opt~on of the holder, and without any other nor.ce, all the ~emaining ~.a~lments shail be due and payaole at once. P~mieye is givan to prepay this note in v.hole or in part at any time w~thout penahy. Neither forebearante, acceptance by ~he heider thereof aftrr any defau~t in any payments h~eon, sf~all be deemed extens~on. A la~e payment charge ef S 11' 9`~hal) be d to each installmeM remaining ~npa~d 7 days after its due date, and a Gke svm shefl 1re added to each such instal~ment rcmaining unpaid 7 days aiter s • succeeding payment dare. Each ma1e~, surety and endorser he~eof, jointly end severally, v.a~ves demand, presenhnent pratest and nmice of protest fw nonpaymeM, and further ;.~•~•_s to any ewrens~on of time of payment, e~tner b~•fore or after ~naturlty, wittuut no!~ce to any of us; and to pay a!I cosls of collection, indud~og a ,>na~le attorncy's fee the evcnt of any d_•iau,t hereunder, and hereby se:r.ai!y walves all benefit of hom=stead and exempt~on under the co~stitution ,:i ~3•A'S Of rach State of ~he Ur.ited Sta;es, as aya~nst th;s obGgaYron or any r,ctrns~on or renrwal hereof. ' ~ Witness the hand and seal of ca~h party. s/Kar 1 I.ar s s on ~nt) (SEAI) s/Vilma Larsson ~?u (s~U $37.50 ~ S~ate Re~enue ~ e mPS~C7rRlil![i~OrrA~iwu~ wMs~ NO'N, THEREfORE, fhe MORTGAGOR for the purµ>se of securing payment cf aa~d sum of s 25~~~~•~ aad the performance of ths ,:,;ena.~ts and agreemen~s hereinafler expressed, and for drvers good and valuab?e considerations, by these presents, dces gront, bargain, sell, remiu, _.ease, convey and confinn unto thr MORTvAGEE, its succeswrs and assigns, al! that cenain lot, piece or parcel of land, sifuate, lying, and being in the ~ounty of $t • GUC1Q _ ; and State of Florida, described ~s follows: Fram the l~orthwest corner of the NEt~ of the SWI~ of Section 26, Township 35 South, Pange 40 East, run South 720.5 feet for point of beginning; thence continue South 157.03 feet; thence turn and run East 2900 feet moYe or less to the Indian River; thence run I~orthwesterly 170.92 feet, aore or less to a point on the bank of the Indian Riv~r 15? feet North measuxed at right angle fram the East and k'est line aforesaid; thence turn and run West 2830 feet, more or less, to the point of beginning; FXCSPTING therefrom tfie N~rth 70 feet of the fiast 300 feet thereof ; and also excepting al~ right of way of the Florida East Coast Railway. Together with riparian rightsf ~r STATE =~F FLCJRIDL~ ( ~ DOCUMENTARY~':=:;~STAMP Tt,~: ~ t c ~ - Dt?7. (~F NEVEttiuE , t K`-' ~ - P8. -?tAY3~ 74 ~ 3 7 5 0 ~ ~ [n N ~ ~,I R = ` ~ RECEIVfD ~ ~L~ / IN PAYMENT OF TAXF$ E ~ U i J E ON CLASS •C lNTANGIBI.E PER90NAL pqW~jY~ ~ PURSUAFIT TO CF{APTER 71-134, ACfS Of la1L : ~ ~~x rorrw~s : ~ cx~t ar~auit oou~. sr. wra~ co., Fu ' ~ - ` •cgether with all and singular the tenements, hereditaments and appurtances thereunto belonging o? in anywise appertaining thereto, and all rents, iuues, ~ ~ :-~oceeds and profiu accru~ng and to accrue from sa+d prem~xs, all of which are included in the above and foregarg dexription and habendum. ? TO HAVE ANO TO HOLO the above desc~ibed and granted premises unto the said MORTGAGEE, its successors and sssigns forever. And t!N said" ~ ___their _ ~RTGAGOR for - - heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successon ~nd astiyin, ~ _the are •~.zf - Y - tawfuNy sei:ed of the sa~d premisea in fee simpie; that the same are free, dear snd dixharged from al) liens and encum- ~ c,rances in law or in equity, and that th~_ will and thelr_ heirs shall warrant and defend the tille to the samt to the said ~ •:02iGAGEE, ih s~cceszors and assigns, forever against the lawfui claims and deTands of all perwns; PROVIDED, ALWAYS that i( the MORTGAGOR shall pay umo the MORTGAGEE the promissay note hereinbefwe desvibed snd sh~ll fruly, promptly -:,.d fu~ty perform, d:scharge, nxec~te, compte~e, comply with and ab~de by each ar+d every Ihe stipulations, agreements, conditions and covenants of ssid ~~ra -o~iissory note and of this Mortgage, then this Mortgage arxl the Estate hereby created shall uase and be null and void. ~ ~ ~ IT IS IiNDER5T000 that the word "Mortgagor" whether in the singular or plural anywhere in this 1Nortgage, shall be singula~ if one only and ~ sha'~ be plural joiroty and severally if mo~e than one, and that the wad "their" as used anywhere in this Mortgsge shall be taken to mean "his;' "hen," _ ':+s;' wherever the conre:r so imp:ies w admits. Alw, that whererer there ~s a refereoce in the covenaMS and agreemenfs herein ~orttsined to any of ~ ~r,e parties herelo, the same shaR be construed to mean as well as ihe heirs, legal representatives, sutceuws and assigns (eithtr vo{untary by acf of the ; ~a~ties or involuntary by operatio~ of fhe law) of ~he same and that the covenants herein contained shall bind and the benefits and sdvantsges irwre ~ i she respective heirs, legal representatives, successors and ass~gns of the parties hereto. ~ And said INlartgagors, for themseives and their heirs, legal represematives, successors d sssigns, hereby jointly and severally covenant snd agree ~o and vrith the said MORTGAGEE, its successas and assigns: ~ ~ 1. To pay all and singular tfne principat and intercst and the various and sundry sums of money payable by virtue of said promissory note, and this ~ ~ ~ ~~~ortgage, each snd every, promptly on the days respectively the same severalfy become dve. ~ 2. To pay all and singular the taxes, assessme~ts, kvies, Iiabilit~es, obligations and eocumfxarxes of every nsture and kind raw on iaid desc?ibed = ~ property, or that hereafter may be imposed, suffered, placed, levied, or auessed thereon, ot that hereaHer may be levied a assessed vpon this Morfy- ' ~ a or the indebtedness secured hereb , euh and ever , when due and able, accordi to law, before the become deli vent, and befor~ an interes? ~ ~ ge, Y Y PaY ^9 Y ^9 Y >>r,cnes o~ any penalty is inwrred; ANU INSOFAR AS AWY IHEREOF IS Of RKORU THE SAME SHAIL BE PROMPTLY SATISfIED AND DISCHARGED OF =ORD ANO THE ORIGIt~AL OFFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED ^K CERTIFIEDi SHALL BE PLACED IN THE HANDS OF SAID MORiGAGEE WIiHIN TEN DAYS NEXT AfTER PAYMENT; and in the eveM thst any thereof is not ;~~d, sat"sfied and discharged sa'd MORTGAGEE may at any t~me pay the same a any part thereof without waiving or aifecting any option, lie~, equify or ~ •~qn~ vnder or by v~rtue of rhis mortgage and the full amount of each and every such paymeM shall be immediately due and payable and shall bear interest j.r: d~•.~ c•: ,a d=• ~are of n~ne pe~ cemum per annum and together w~th s~ch interest shall be secured by the ~ien of th s~~rotage r ~N . , _ . . - - - ~ ~ - ~ ~ ~~T~`F .~rt? a-~,~-c,.~'4 .~e~° ~ e s . . ~~~~e,-. .