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HomeMy WebLinkAbout0417 , ~ ;~3soo ~ . , THIS INOENTURE, Mad~ the lsth day of ~Y A.D. 19..~-. between Henry A. Salz~.er and l.inda J. Salzler his wife . - • of S~..L?~ie County Floride, hereinafter de~~ynated ~s the "MORTGAGOR," and FIRST fEDERAL.SAYINGS AND IOAN ASSO~:IATION OF FORT PIERCE, • torporation wyanized and exisli~g unda the laws of the Un~ted S~a~as of America snd havin~ iri p?incipal plsce of bus~ne~s in tM City of Fort Pierce, St. tucia County, florida, hereinsite~ desiynated as ths "MORTGAGEE:' WHEREAS the MORTGAGOR ii justly indebted to the MORTGAGEE in the sunt of 5-27 t-7~'~ 9~ and IaWtul money of the United Sratea ad+anced by ~he ;dORiGAGEE unto the MORTGAGOR, as evid.:ncrd by a ce~~e~n prom~asory note of even date herewith, of which the following in .~ords and iigu~es is a true copy, towit: 27 7~.~ ~ 1_~02_0882 S__-a Fort Pierce, Florids, _ M~/ 1S': ' 19_Z~._ For valve received. 1, we ar either of vs, prcmise to pay, without defalcauon, to rhe order of FIRST iEDERAI SAVINGS AND LOAN ASSOCIATION OF %:;RT PIERCE at fort Pierce, florida, the sum of 5~27-i?~!~---- ~+th i~ver~st fran date at the rate of pe~ annum, in monthly install- ,~•:ts as fottows: 5-24~!~--- on tha _?nt~day of __AUq11St ~p_74__ and a like sum on the correspond~ng dsy of each moroh therr ,•rrr uNif the whote be fuily pald. Each instatl~nent first shall be appl~ed in payment of the interest and tl~en on the unpaid balance of the princ~pal sum. lf defai:ll is made in the F:~:~„ent of any installment when due, and such deiauH cominues 30 days, then at fhe op~ion of the hatder, and wilhoW any other nuticr, all the remaining ~,,;ra~lments shafl be due and payable a~ once. Pr~v~lege is given 1o prepay this nofe ~n whole or in parl al any time without penalty. Nsither forebearants, ro. acceptance 6y the ho~der thereof afier any default in any Faymems hereon, shalt be deemed extension. A late payment charge of S12 5, sha~~ be ;i ird to each instaltment remain~ng unpa~d 7 days afte~ its due date, and a li~e sum shatl Le added ro each suth instaltment remainirg unpaid 7 e~ays after each succEeding paYment date. ~ Each maker, surety and endorser he~eof, joimly and aevcialty, waives demar.d, preseNment protes? and no~ice of protest for rwnpayment, and further .i ~rees to any extension of Y~me of paymenl, ~rther before o~ after maturity, without nu?~ce to any of us; and to paY atl custs oi tollaciion, intludioy • :sonab~e attamcy's fee in the event uF rny de(ault hercunder, and he:eby sevrraHy ~voives all benefit of hames~ead and eaemption un.~tr the eonstitution ,,d ~a•xs of each State oi tha Ur•ited States, as a~ain~t this obGgaii~n w any extera~on or renewal hereof. Witness the hand and seal of. each party. _ (SEA~) Q . A Z e I- (~AU es~e?u . _ n a . z er ~ 41. Ss__) State Revenue 27 700.00 and the ?f«m+nce of ths l30W. THEREFORE, the MORTGAGOR for the purpuse of securing paymen~ of said sum of S ~ - cevenants and agreements hereinafter expressed, and for divers good and vatuab~e cons~derations, by theu presen~s, does grant, bargsin, sell, remise, r~Iease, convey ar.d confirm unto the MORiGAGFE, its successon and assigns, alf that certain lot, piece or perte) of land, situate, lyiog, and beiog in ths Co~~nty of __SS-.-LUG~@ , snd State of F!orida, desuibed ss follows: Lot 3, Block 71, AORT ST. LL~IE, SECTION 2~, as per plat thereof on file in Plat Book 14, page S, SA thru SI public records of St. I-ucie,County, Florida N ~ STATE FLOR~DA ~ ~n ~ DOCUMENTARY,~:~SSAMP TAX ~ _ c-+ ~ UEPT.O~ REYENUE.-c' `x'~~ N- Pa = ~~~-~•T~ ~ d 1. 5 5~ ~ = 1?1G2 I _ o I . ~ . . - ! I ~ { r~ ~ Ht PAYMQRp~ OpF TAX6 ~ KJG {/I~ K7w V ~^1/~a~~ai fC~ r~~'~ pu~urr To c~urr~R n-i~, ~crs oF i~L R aoc~x ~omUS ~ ClFilft CIRq111 OOURT, ST. LUC{E C0, FtA r;ge;her with all and s~ngular the tenements, hered+taments and appurlances thereunto belongirg w in anywise apperfaining ihetefo, a~d all rents, iuues, ::roceeds and proiits accruing and to accrue from said premises, all of which are included in the above and foregoiny desviption and Fwbendum. TO HAVE ANO TO HOID the above described and granted premises unto the said ~MORTGAGEE, its suctessws s~d assigns forever. And fFK s~id :'•ORTGAGOR fw heirs, execut~s, administrators and assigns, hercby covenann with the said MORTGAGEE, iri suttessws and ~ssiyro. ,,a~ _they ar~ !awlully sei:ed of the said premises in fee aimple; that the same are ftee, clear and discharged from all liens and Mcurtr orances in law w in equity, and that they v~riU and the ir he~ry sha11 wuraM ar?d defend the title to fhe same to the said ~ .10RTGAGEE, its successors and a:signs, fo~ever against the lawful daims and demands of sll persons; PROVIOED, ALWAYS that ~f tfie MORTGAGOR sha~l pay unto the MORTGAGEE the promissory note hereinbefwe described snd thall fruly, prompt~y 4 a^d fuily pe~form, d~uharge, execute, comptete, comply with and abide by each and every the itipulafions, agreements, conciitions and cove~~ts of s~id ~ ::rom~ssory note and of this Martgage, then this Mortgage and tht Eatate hereby created shall cesse and be null and void. s' Ii IS UNDERSTOOD that the wwd "Mortgagor" whelhe? in the singular or plural anywhere in ihis Mortgsge, shsll be singulu if w+e onfll ~~d ; ~ s~:a?I be plural jointly and severally if more than one, and that the word "thzir" as used anywhere in this Mortgsge thall be tsken to mean "his," "hers," 'i+ ~ "its," wherever the context so implies or admits. Also, ihat wherever ihere is a referente in the tovenants and ag~eemeets hereio contained fo sny of ' ~ rhe parties hereto, the ume shall be construed to mean as weli as the heirs, legal representatives, successors ~nd auigns (either voluntary by act of tht carfies or involuntary by operation of the law) of the same and that the covenanta herein tontained shsll bind snd the benefiri and adwntages irwr~ ~ •o rhe respective heirs, legal representatives, successors and au~gns of tF?e parties heseto. ~ And said Mortg~gors, for themselves and their heirs, legal represtntatives, successws and ass~gns, hereby joiMly and severally covenant and agree ~ ~o and with the said MORiGAGEE, its successon and assegns: ~ ~ To pay ell and singular the printipal and interest snd the various snd sundry sums of money payable by virtue of ssid promissory note, and this mortgsge, each and every, prompt~Y o~ the days respectively the same severally become dve. ~ 2. To pay all and singulsr the tsxes, assessments, levies, liabilities, obligations a~d e+xumM+nces of tyery n+ture and kind now on s+id desaibed ~ property, a that hereafter may be imposed, suffered, p~ated, levied, or suessed thereon, or that heresfte? may be levied or useued upw? this Mort¢ age, or the indebte~dness secured hereby, each and every, when due +nd paYable, according to Iaw, before they become delinqvent, and befwe ~ny interdt •~eches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PROMPiIY SATISftED AND DISCHARGED OF ~ kECORD AND THE ORIGIhAI OFfICtAI OOCUMENT (SUCH AS, FOR lNSTANCE, iHE TAX RECEIPT OR THE SATISFACT{ON PAPER OFFICIAUY ENDORSED OR CERTIf1ED) SHAIL BE PLACEO IN THE HANDS OF SAID M.7RTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENT; and in the evenf that any thereof is not ~a~d, saCSfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereol without waiving w sffectir~g any option, (ien, equity or ' •~qht v~de• or by v~rtve of this mortgage and the full amount of each and every such payment shall be immediately due and psyable and shall bear interest . ~afe of n~ne pe~ centum per annum and together w~th such interest shall be secured by the lien of ih s To~qve~e - ~ ~ ~ . ~ T~~" ' z~ `~~,z~ ' _ , z ~ ~ _ _