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HomeMy WebLinkAbout1533 ~G # . ~~~i~~ • • : ' • A.d. 19~ between THIS INDENIURE, JNad~ .tM~~ l s t day of July ~ Harry I Wexler ~nd Alice L. Wexler his ~wife _ _ of St' Luci~ Co~nfy florida, AN~~~aft~r dt~ignated as the "MORTGAGOR," and FIRST fEDERAI SAV1~lGS AND tOAN ASSOCIATION OF FORT PIERtE. • cwpaation wp+nized ~nd ~ait~ir~ unde~ tM laws of tht U~i~ed Stat~s oi Ameriu ~nd havinp in printipal pl~c~ of ~ busirnu M ~M City of Fort Pi~rc~, St. luca Covnty. Flaida. hsr~inafter des~pnated as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is juitly ind~bt~d eo tM MORTGAGEE in tM sum of f 7+ 50~ . g~.od and lawful money of the UnEtcd States ~dvancad by ths MORTGAGEE unto the MORIGAGOR, ~s evidencad by s certain promissory note of even date he~ewi~h, of whith tbe toliowinp in =or~'~Ofjgut~„}S a trw topy. to-wit: ~ 1200~072 ' ~ P~«.. F~~,, Jul 31 _ V V ~ ~ fw value received, 1, we w either of us, promise to y, wilhoul defsltation, to the ordcr of FIRST FEDERAI SAVI~ AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Fbrida, the sum of S 7 50~• oo w;th infg~e}t from date at the ~ate of 9' per a~num, i~ moothly install- ments aa lollows: = 79 • O~ o~ 1F+e 20thday of Septem er19 7~i a sum on the correspondinp day ot each mcnth therr af~er untit the whok be fully psid. t Each installmeN (irst shall be applied in payrnent of the iNerest ar.d the~ on the unpaid balance oE the prinupal sum. If default is made in the - payment of any installment when due, and such default cominues 30 days, then at the option of the holder, and without snY othe~ notice, all the remaini~g ~nstallments shall be due and psyabk at once. Privilege is given to prepay this note in whofe or in put sf ~ny time witFw~t penalty. Neither iwebearance, nor attepunc~ by the holder theteof after any default in anY paVments hereon, ahall be deemed extensioe?. A Iate paYment cfierge of i-~~ shall be added to cath iostallment remaining unpaid 7 days aftet its due date, and ~ like sum shall be added to each such inatallment remaining uopaed 7 days eftet each succeed~ng p+ymeM data ~ Each maker, surety and endaser hereof, jointly and se~erally, waives demand, presentment protest and notice of protest iw nonpaYment, and furthei agrees to any exte~sion of time of payment, either bcfore a after marurity, without notice to sny of us; and to pay all costs of collxtion, includ~ng e reasonable attorney i fee in fhe event of any defau~t hcreundcr, arx! hereby severally waives all beneTit of homestead and exemption under the constitution . and lavrs of each State of the United States, as ag+~nst this obligation or ~~Y extension w re~ewsl hereof. ~ Witness the hand and ual oi each party. ~ (SEAI) s/ Harrv I Wexler esenu ~ ~ ts~wu ~ s/ Alice L Wexler ~?u ; ~ ~ 11 _ 2 5 ) Stste Revenue ; {~tanipscan~Mt~d-an-ongnta~~lf 7 500. ~0 ' , and the performa~ce of tM ! NpW, THEREfORE, the MORTGAGOR fw the purpose of sec~ri~g payment of said sum of = ~ covenants and apraemenb here~n+~ter expreued, and for dive?s good snd vs~uable considerations, by these presents, does g~ant, bar9sin, sell, ~emise, ~ release, come and confirm unlo the MORTGAGEE, iri s~YCeuors and •uigna, all that certain lot, piece or parcel of land, situate, lyi~g, and be:ng in the f County of ~t • Lucie and Stste of Fbrida, desaibed as followt: ~ ~ ~ t ~ Lot 1, Block 24, SUNLAND GARDENS, as ; . ~ per plat thereof on file in Plat 13ooic ~t, page 32, public records of St. Lucie County, ; Florida, ~ ~ ~ ~ . s ~ ~ ~ - ~ ~ M N A R v~ ~ F~ _ ' RECflvm ~ l.~ ~ IN PA1rH!Et~f OF TA~tE~ ~ ~ c ~EPt. o F F~ vE Yt.r S T q M~ U ~ C i. I D l~ O N C U 1 S S ' C I N T A N 6 1 6 L E P E R S p N~ L P~'•0?ERIY~ ~ N p J_ { ~ n-n, ~ e ~ . L ~~-~~'-i-'--'' ! PURSI{ANT TO CWIr'1ER 71-13~. AGTS ~ 18/1. : ~ o ~ ~ : ~ t ~ ` i t ~CER ~ORRAS /'ls'lfJ t ~ t.':~^~:" ~ 7 J. 2 5 ~ t~ c~ouR oouRr~ sr. ux~ oo, Fu. ~ ~ together with all snd singular the tenements, hereditsmenti ar+d appurtances thereuMO belonging or in anywise appertsining thereto, and sll renri, iuues, proceeds and profiri ~tuuing and to sccrue from si~d preirrises, all of which are irxlvded in 1he ~bove snd fareyoing d~sc?iptwn end habendum. TO HAVE AND jO HpID ttx above desaibed +nd 9ranted prem~ses unto the said MORTGAGEE, iTS s~tcessas and ass'~yru fwever. Md tht sald MORTGA~O R fa t[lelr executors, administrators snd assigns, herebY covensnn with the ssid MORTGAGEE, its successws ~nd sss~D^~. that -tRe~~__a_re lawfully seized of the said premises u~f eV _pie: that the same are free, clear and disch+ryed from all 1'~cns and encum- L11 lt brances in law a in equity, and thst tney will snd hein thsl) w+rnnt snd defend the titk ro the ume to tF+e s~id ~ ~ MORTGAGEE, its successws and suigns, forever agsinst the lawful clsims and demands of Peno~ss ! PROVIDE~, AlWAYS that if the MORTGAGUR shall pay unto the MORTGAGEE the pranistwy rwte hereinbefore described ~~d shall tru~Y. W«^P~~Y ( ~ and fully perform, diuharge, exec~te, compkte, comply with and ab'~de by each and every the stiputatrons. ~greemenn, condii~au and covenanb of uid ~ promissory note and of this Mortgsge, then this Mortgage and the Estate hereby veated shall cesse and be mr~l +nd void- ~ IT IS UNDERSTOOD tF~at the word "Mortgsgor' whether i~ the singular w plural ~nywhcre in this Mwtgsge, sh~ll be singula~ if one only and ~i; shall b~ plural {ointly and seveully N more thsn one, snd that the wad "their" as used +nywhere in fha Mwtgape ~hall be tsken to meao "hK:• ••hen,• ~ o, ••~y~ • Whe~ev~~ the cp~text w implid or admits. Also, that wherever there is a referencs in she coven.nn ~nd +yteementa hertin tontained to sny of v~C ~hs p+nies hereto, tF~e ssme shall be construed to mean as well as the heirs, lega{ rtpreuntatives, wcceuors and auig~s (either voluMSry by ~ct of the Q~p ~ parties w imolunlsry by ope~ation of the law) of the same snd that the covenants herein contained ihall bind and the benefits ~nd sdv~ntapes i~w~ ~ ro the respective he'as, leyal ~epresentatives, succeuws and sss~gns of the parties hereto. qnd said Mwtgsyors, fw themselves and their heirs, legat repreientstives, succeuas u~d ~ssigns, hereby jointly snd severslly covensnt and ayree O ~ to and w~th the ~sid MORTGAGEE, its succeuors snd auigns: 1. To psy ~II and singular the p?intipal +nd i~terest snd the vsrious and svndry sums of money p+y+bk by virtue of said promisswy note, and this ~ mortgs~e, each ~nd everY, promPHy on the dayt respedively the ssme severally becortK dve. ~ 3.. 2. To pay ~II and ~irgula~ the taxes, assessmems, levies, liabiliries, obtigstions end encumbrances of ~very nstwe and kind now o~ said dewibed ~y ~ property, w that here~fter may bt imposed, suffered. Plsced, levied, a assessed tF~ereon, a th~t hereafta m~y be levied a usessed upon this Mwt¢ age, a tM indebtedness sec~red hereby, exh snd srery, when due and psyable, sccordirg ta law, before they become delinquent, snd befa~ any interest w~.~ ~ at~athes or sny pe~s~1Y is i~curred; AND INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAIL 6E PROMPiIY SATISFIED AND OISCHARGEO OF W ~r RECORD AND THE ORIGINAI OfPICIAI DOCUMENT (SIKH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC110N PAPER OFFICIAILY ENOORSE~ N ~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS Of SAID MORTGAGEE WtTHIN ?EN DAYS NEXT AfTER PAYMENT; and in the event thst any thereof is not paid, saYsfied and discharged aa'd MORTGAGEE may st any time pay the ssme or any part the~eof witfwut waiviny w affectin~ any optan, lien, equify or ~ .~~ht unde~ w by vi?tue of this mortgaye and the full amo~nt of each and every such payment sha{I be immediately due ar?d payable and ~hall bear interest ~•om the date thereof until pa~d at rate of n~ne per centum per annum a~d together w~th such interest thsll be secured by the lie~ of th:s morg~s9t. ~ _ - - - _ ~ r -a^,--~c ~ ~-a. w^~~ _ . . ~ _ . . . . ; . . ~ ~ -