HomeMy WebLinkAbout1188 i ~IOn.`~ ~
iHIS IN~ENTURE. Mad~ d,e 3=d day of Jul • A-p• i9 74
- Bd9at L. Scholts and Wil~sa P. hol'ts, ~ his ~~ife
of SL . idiC~! ~p~~~y F~pri~~, 1?~`inaftK dss:gr+sted u IM "MORTGAGOR," and FIR:T fE~EQAt SAVINGS AND IOAN
aS50C1AT10N Oi FORT PIERCE, a cwporat~on orqu~ ed and euuu+p u~ tF~e laws of tM Uni~ed S~at~s oi Arrwk~ +nd h~vinp in principal plac~ of
b~s~nas~ in ~M City of fwt PiKC~, St. luci~ Couny, ~laid+, hertina(tet dts~yna~ed a~ the "MORiGAGEE."
WHEREAS the MORTGAGOR is justly indebt~d to tM MORTGAGEE in the sum at ~25 600. ~0 ~pod a^d I~wfvl rioney ol ti~e Unlted
~face~ adwnced by ths MORTGAGEE u~to the MORTGAGOR. ~s evidenccd bY • ccn+•^ Pronuaso~Y ~+o~~ of even date herew~th, o( whrch ~F+~ lolbwinp in ;
:.e•ds and (igures is • true copY. to-wit: 1OQ~~71 ;
s ZS~GOO•~~ ~ ~
fort Pierce, Florida. J111Y 19~_
Fd valve receivcd, we or either of vs, pranise to pay, without defalcation. ~o the order of fIRST fE~ERAL SA'~INGS ANO IOAN ASSOClATION OF ?
~~~RT PIERCE at F~xt Pierce, Fbrida, the sum of 525-~-6~'-~ ~^''~h inte~e~1 from date a1 the r~ts of 9•776 pH s~ncm, in ma?lhty install- ~
229.~ ZOL~f llatiSt 19~ and s I~ke sum on the cwrespo~d~np d~Y of eacl~ ma?th ther~- f
-.~s as fo'!oas: 5--------- fl^ day of ~ - j
~•!rr until N~e whole be fully paid. ~
Each ~nstallme~t f~rst shall be appl~ed in payrne~l of the in~erest u~d the~ on +he unpa~d bslance of the principa) wm. tf default is mads in th~ F
,„mrnt of any ins~ailment wt~en dve, aad such defeult co~tinucs 30 daya, then s~ etx opTi~ of the ho~de~. +~d w~~ha?~ ~^Y o~her notice, all the rrmaink+9 ~
~::,~.~!lments shall be due and payab:e at once. Pri•~ikge is giveo to prep~y this note in whok o~ in part ~t sny tim~ withoul pen+lty. Neithe~ fotebtaranc~,
~,or accepunce by the holder ~het.iof afrer a~y defavh in a~y paymcros hercon, shatl be deemed e:tens~on. A late payment chuga of S~•~S sM~~ be
~::i_•d to each installmenr remain~ng unpa~d 7 days after its dw date, ar~d a li?e sum shali be added to eath wth insmHmen? re~++~~~9 ~P+~ ~~Ys
~.:h succeeding paY~nent da!e.
Each makcr, :urety and endorser hereot, jointly and severalty, wa;ves deme~d, p~esentmcnt pro~es~ and no~ice of pro~s'` for nonpayrrKnt, a~d (uru+et ~
~~re~s ro any exrens+on of t,~ze of paymeni. either lxfore or after maturity, without notice to any of us; and to pay all cosri of collect:on, includ~eq +
<<:>onable attwney's fee in the e.ent of any defauit herevndar, and hereby sevcrafly waives aIl benefit of homcstead and zxe+op~ion w~d~~ the to~+stituf'wn t
•~d '~ws o'. each S+ate of tix Un~ted S~ates, as aga~nst this obGga~ion w anY r,cte~sion a renewst hereof. ~
• I
Wifness the hand and seal of each pa~ry. !
~W
s/ Bdaar L. Scholtz ~sEwu
cs~?u ~
s/ Wilna P Scholtz ~W i
$38.40 st~~~ ae~M~
` 2 S. 600 . 00 .nd rhe ormance of tM
NOW, THEREFORE, the MORTGAGOR for ihe purpose of securing paymcnt of ssid svm oF t Pe'f
co.•enants a~d agreements hereinaitcr expressed, and for divers good and vafuable cons~derationf, by these p?esents, does gr+nt, b~r~si~, ult, remix,
~:e~~e, canvey and confirm u~~to the /dORTGAGEE, its successors and as:igns, atl tha~ cerfain bt, piece or pucel of land, utwte, (yinp, ~nd beirg in ~hs
Cevnty of $L . Lueie ar,! Stste of ffw~da, dexribed ~s followr.
Lot 8, Block 8, SURFSIDE UNIY ONB, as per plat thereof on file in ~
10 e 17 of the ublic recards of St.lucie County, ~
Plat Book , pag , P
~
Rlosida
; ~LO~~a ~
STATE 7AMs Y p t
,
~ " ~ TAR`fas '
° DOC__ UMEN ~
oZ u~ pE~T,
t7F
HEVEf'1UE j.
Z~ = = 3 e: 4 a ~
= P~ y ~ RECEIVED ~ IN PAIfMEMT OF TAXES
= :ti^,2 -
v D'+ff 0:: CEASS 'C INTAM61Bl.E PER90N1L PRO?ERIY~
PURSUANT TO Gi~PTER 71-134, AGTS Of 19/1.~~
NOGER POITRAS ,
CkERR CIRq11T OOURf, Sf. LiICE C0, flA ~
4
~
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~^ge!her wit4~ aH and singutar the tenemmts, heredi~aments and appu~t+nces thereuMO belonging o? in anYv+~se ~PPNt~~nirg thereta, ~~d re~b• iisw+• ?
~•cceeds and prof~ts accruirg end to accrue from said prtmises, all of which are included in ~he above s~d fo?eqoin9 desu~Ption a^d habendw^• s
TO HAVE AND TO HOID the sbove desuibed and granted p?e~?usea unto the said MORTGAGEE, ib svtcesson +nd +ssiyru for~ve~• ~+d `
their j
~:,p2TGAGOR fa ~~~s, e:ecutors, sdministrarors and assgru, hereby covenu+rs with the s~id MORTGAfaEE, its succesiors +nd +sig~s.
_ th~_7?Y6_ lawf~uy se~zed of the said p~em~aes in fee simple: tMt the same ue free, clesr s~+d diul~ryed from all 1'~ens and encum
:.•ances in Iaw o~ in equ~ty, and that t~18V w;11 and their hein shall wuroM and defend tF~e titl~ to tht fame fo tht s+~d
~?TGAGEE, its succeswrs and au~g~s, (o?ever against the lawfol claim~ and demands of all persons;
PROVIDED, AlWAYS thst if ~he MORTGAGOR shall psy unto the MORTGAGEE the promissory no~e here~nbefwe desa'bed +nd sh~~~ t^'~Y' PfOf^P~ti
~-.d fuily perForm, d~scharge, exetute, comp~ete, compiY w~~h an~ abide by each and every the stipulations, agreernents, tonditiero +nd coYenants of sa~d
__~~,~sswy note and of this Mortgage, rhe~ this Matg~ge and the Estate hereby ueated shsll ce~se snd be null and void. ~O
• IT IS UNDERSTOOD that tht _word "Moregagw" whether in the s~ngular or plwal anywhero in this Mwty~ge, shat) be sinyulu if one only ud p~ ;
~~,;i be plursl jo~ntly and severalty if more tMn one, and thst the word °~heir" as used anywher~ w? this Mort9sye sh~ll be bk~n to mesn "his." "hen.•• ~ -
i~s," wherever the context so impties or admits. Also, tFut wherever there is s referenoe i~ rhe cwenann u+d agreemenn here~n oon~+:ned ~o +rry of
-,e oartip hereto, the same shall be constrved ro mean ss wetl ~s the hcirs, legal represeM+tives, successws snd ~siigns (e~ther voluntary by ad of the `Ii./
; n*ries w involuntary by operalion of the law) of the same and that the covcnants herein contsined shall bind and the benefits ~nd sdvantapes inure
o the respedive heirs, legsl represeNatives, suc:essors snd au'9ns of the psrY~es I+ereto.
qrx! ta;d Mortgsgors, fcr themselves and their hein, legal represenratives, svccessas +nd +ssigns, he*ebY lointly snd severally covenanf ~nd apree ~
ro and with the said MORTGAGEE, in s~rccessors snd +uigns: ~'"^y
1. To pay all and iingufar the principal and inte~est and the various and sundry wms of rtar~ey payable by virtue of said p?omissory note, and this r~+
~-.ortgage, each ~rd every, p~omPtly on the d~ys rspectively the same severally becane due. ~
2. Ta pay sll and singvlar the axes. »seasmen~s. levies. liabilii~es, obligat%aa snd e~brances of eve~y rwtwe usd ki~d now on ssid desa~ed ~
properry. a ~hat hereafte. msy be ir.iposed. wffe.ed, p~xed, levied, or ~uessed rhereon. or that heresfre~ may be IevGed w assessed upon this MortQ-
age, w tke indebtedness secured hereby each ard every, whe~ due and psyabk. ~ccwding to law, befae they becane dttinquent, ~nd befor~ any interat
~••ecnes w any penalty is ineurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SN~AE SHALL 6E PROMYTIY SATISf1E0 ANO OISCMARGEO OF
:;=ORD AN~ THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RECEIPT OR ?HE SATISfACiION PAPER OF~-ICIALLY ENDORSEO
C4 CERTIFIED) SHALI BE VLACE~ tN THE HANDS Of SA~D MORTGaGEE WIiNIN TEN DAYS NFXT AFTER PAYMENT; sed in the event Ih~t any thereof is no1
ca•d: sarbfied and dixharged sa:d MORTGAGEE may et soy time pay the same or anY part ~hereof without waiving o~ affectirg any option, lien, eqvity o~
~~qhr ~~nda. o. by v~.f~~e o; eh~s mo~tgage ar+d the fuil amount of each and eve~y wch paymeM shatl be immediately due ~nd psyable snd shall beu intrest
: •a~P of ~~ne per centum per anrwm and toyethe~ w~th such interest shafl be secured by the Iien of rh s~^orgra~e
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