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HomeMy WebLinkAbout2651 ~ f i~~S~~JJ TNIS INOENTURE, Mad~ t~~R 12th day of ~1111P A.0. 19 7d--- betw~en ' Dona l c~ Machtolff ancl Pol ly Machtolff his wi fp ' . _ of y~t l.ucie c«,~+~r ci«~d,, hereina(~a designa~ed ss ~he "AtORTGAGOR," and FIRST F1Y~L'RAt SAVING~ AND~OAN } A550.1ATION OF FORT PIERCE, ~ torpaa~ion or9+^ised +nd exiz~i~q ur?dar IM laws of tM United Stat~t of /4nsrica ~nd Mvinp its printipal pl~c~ of ~ bus~n~is in ~h~ City of Fort Piac~, St. lucis Cou~ty, Flaids, Rsreinaite~ deuy~+ted ai the "MORiGAGEE." WHEREAS th~ MORTGAGOR is ju~tly indebted to ths MORTGAGEE ~n the wm oF S--~i - 9~ +^d lawful money oi the United States advanced by the MORTGAGEE unto the MORTGAGOR, as evidanced by a cer~a,n promisswy note oi cven date herewith, of wh:ch 11x fallowinp in words ~nd figwes is a trw copy, to-w~t: 'J~ 1~02~33 _ s 29.200.00 Fwt Pierc~. Florida. JLne 12 ~q 74 For value received, 1, we or either of us, prom;se to pay, without defa!catio~, to the o~de? of FIRST FEDERAI SAVIIJGS AND LOAN ASSOCIATION OF fORT PIERCE a1 Fwt Pierce, Fiorida, the wm cf S2Qi?-~0-•~ with intcrest (rom date at the rate of Q`7Se pN +nnum, in monthly i~sta~b ~ ~~~.:nis as (ollows: on the _~~1 clay of )UIV , 19_~_ snd s like sum on fhe cwreapondin9 day of each month there- ,~itrr until the whole br fully paid. . Each installment first shall be ap~lird in paymen! of the i~terest and tf,en on the unpaid balance of the {xincipal sum. 1( defsult is m+ds i~ the ~.~,ment of any installmcnt when due, and such default continves 30 days, then at the optio~ of the ho~der, and withaul any other notice, a~l the remaining ~~~stailments shall be due and payable at once. Privil~ge is giv~n to prepay this note in whole o? in part at any time withoul penalty. Neithe? forebearante, ~or acceptarxe by ~he hotder thereof after any defavlt in any payments hereon, shall br deemed extension. A late psyment charge of 1~, shall be ±_d to each ins~aL'ment remaining unpaid 7 days e(ter its due date, and a like wm.shall bo addad to each such installrran! remaining uopaid 7 days afte~ each succeeding paYment date. Each maker, surery and endoner he~eof, jointly and severally, waives de~nand, presentment protest and nolite of protest fw nonpaynxnt, and further a~rees to any extension of time of payment, either before or af~er maturety, without not~:e to any of us; and to pay all costs of tollection, intluding s ~eaienable attorney'a fee in the event of any default hereunder, end f+e~eby severaliy waives all beoefit of homestead and exemption ~der the tonalitWion a,~d laws of each State of the UnitcK! 5tutes, as against this obligaiior? w any extension or renewal J:i-'"~O l Q Wimess the hand a:x! sea~ of esch party. . ~ - ~ ~ _ ! s Do a d Machtolf ~q ~ ~ cs~?u S ~lachtolff ~ C43.~_) State Reve~ue NOVV, THEREfORE, the MORTGAGOR for the purpose of se~curing payment of sai~ sum of = 2Q.a 2~ and the pe?formance of ths ' c:.venants and agrcements hereina(ter expressed, and iot divers good and valuable considerotions, by fhese presents, does g~ant, bargain, ull, remise, re!ease, convey and coofirm unto the MORTGAGEE, its successors and augns, all tha~ certain lot, piece or partnl of tand, situate, lying, snd beirg in the Co~nty of $t 1 LCie and State of Fbrida, dexrebed ai follows: Lots 29, 30, and 31, Rlock ~i, tR7NTS -SURDIVISION, as per ~ plat thereof on file in Plat Book 5, Pa~e 47, of the public records of St. Lucie County, Florida, i~ . • ' # . ~ p,1 = . . • • ~ oF F l-~ ~P~ ~ ' a, ~ S~ A'% 1 ; S~C~p''M~tsr~.~°' a8 p ~ . . ~ ~ N RE~EKVf ~ " ~ Z-~f ~ ' ~z ~ ~EP ~ At24'7~ c cp ~ ~ ~ N_ P.8 i _ - D 1N ~?'n"~~n• ~ ~ o - • ~R~ ~ ~ ~,~,~o ~ ~s a~ ~9~~ ~ O~ ~ ~y ~ ~ ~ ~IftC~R ~ ~~~ether with all and singular the tenements, hereditaments and sppurtances thereunto belong~ng w in +~Yw~ ~PP~?t+im^9 ~hereto, and all rents, iuues, ;:roceeds and profits accruing and to accrue from said premises, all of which are included i~ the above ~nd foreQang deaviptan ~nd habendum. } TO HAVE AND TO NOID the above desaibed and granted premisea unto the said MORTGAGEE, its successon and suig~ forev~?. Md ths said '.;ORTGAGOR (or ~~rs, executors, administrators and assigns, hereby covensnh wilh The ssid MORTGAGEE, iri suttesson snd sssiyro. ' _theY_a re _ i,Wf„uY sei:ed of the said prem~ses in fee iunple; that the wme are free, ckar and dischsrge~ from all liens and N+cum- tl-ev they are o+ances in law or in equ7ty, and that + will and he9n shall wsrrant and defend the titk to the same to the s~id ORTGAGEE, its successors and assig~s, fweve~ against the lawful claims and demar~ds of all penaut ~ ?ROVIDED, AlWAYS ti~st if the MORTGAGOR shetl p~y unto the MORTGAGEE the promiuoty note F~ereinbefwe detvibed snd sMll truly, ptompt{y ~ r~.d ful~y perform, d~scharge, execute, complete, comply with snd abide by each and every the stipulations, agreemenn, condifwro +nd coven+ofs of s+id ~ ro-,;ssory note snd o4 this Mortgage, then this Mortgsge and the Estate hereby ueated thall cease and be null and void. t ~ ~ IT IS UNOERSTOOD that the word "Mortgagor" whether in the singular w plural anywhere in this Mortgs9e, shall be un9ul~r if one only +nd ~Q ~ shalt be plurel joinNy and severaliy if more than one, end that the wwd "their" as used anywhere in this Mortgsge shall be taken ro mean "his;' "hen," 0 ~ or "irs;' whetever the context w implies or sdmits. AIw, that wixrever there is a reference in the covenants +nd syreemenri herein contained to ~ny of c~yb rne parties hereto, 1he ume shall be construed to mean as well ss the heirs, tegal t~presentstives, successors and ~si~yr?f (either voluntary by stf of ths ~~t cg pa~ties or involumary by operstion of tbe law) of the ssme and that Ihe covenanb herein contsined sMl! bind and the benefits and advsMSyes inur~ ro the respective heirs, legsl repr~sentatives, successws and au'gns of the partid hereto. ~ And ssid Mwtgagors, fo~ themselva ar?d their heirs, legal represeMStivcs, sucussors and sui9ns, hereb~ joimly ~nd severally cov~na~t ~nd pr~t ; ro and with the said MORTGAGEE, iri successors snd suigns: ~ § 1. To p+y dl ~nd singula~ tF?e prirxipal and inlerest and the various and sundry wms of money psyable by virtue of ssid pramiswry note, and this _ ~+orrga9e, each +nd every, promptiy o~ the days respectively the s~me teverally become due. • on 2. To pay all snd singular the taxes, sssessments, levies, li~bilities, obligstiorn and encumbraixes of ewry nature and kfnd now on s~id dswibad ~ property, o~ that hereafte~ msy be impwed, s~ffered, plxtd, levicd, or +uessed ~hereon, w that hereafter m~y be kvied or nittsed ~pon N~ia Mor1~- age, u tM indebtedneu setured hereby, esch and every, when dve and paysble, according to Isw, before they become delinquent, and befw~ any int~rsst .,rreches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BF PROMPTIY SA115fIE~ AND OISCHARGED Of ' ~ECORD AND THE ORIGINAL OfFIC1AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PAPER OfFICIAILY ENDORSED ~ :;R CERTIFIED) SHALL BE P[ACED IN 7HE HANDS OF SAI~ IV~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereoi is ~ot ~ ;;~~d, satsfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without wsiving or sffecting any option, lien; equity a ; ~~;hr vnder w by virtue of th~s mortgage a~d the fu~I amount of each and every such payment shall be immediately due +nd payable and sh~l) bear interest ~ +he dafe the~enf ~.;n+ll pa d a+ rate o1 nine per cemum per annum and toqether w~th s~ch interest shall be secured by the lien of th's margtag~. ~ - - _ - a, - , ~ _ ~ -si" ~ r : 's - * ,d ~ ' ~'r- r ~`~'~""f:_'~.~'^w~ .~~~~"~w.,'_~_.,-. .4 _ ~'~-~~a"~~~_..