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HomeMy WebLinkAbout0256 ~v ~ (~5~'1.1 . THIS INOfNTURE, liAade the 2 Sth _ day of _ ~~ICh A.D. 19 ~ 5 between Robert L. Schweiger, a singlp adulL of St. j.UC~@ Counry FI«cda, hereinafter dey~~~ated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of fORi PIERCE. ~ torporation aganized end existirp vnder Ihe laws of Ihe Un~ted S~etot of America and having ift principal pl~te of bua~neu i~ tha City of Fort Pitrce, St. lucie County, flwida, hereinaher designated as the "MORTGAGEE:' WHEREAS tht ARORTGAGOR is just~y indebted to the MORTGAGEE in the wm of S_ -3O • 4~ 9ood and la•xful money ot the Unrted Srares advanced by the MORTGAGEE unto the MORT~R, ~s evil~iyyd by e c fr~ain promissory note ol even date herewith, of wh~ch the (ollowinp i~ ..ords aod figures is a true copy, Io~wit: s,_ 3~~400_~O No 130000Q7 ~ fa~ P~~«e, Fia;da, March 25 ~y 75 For value received, I, we w ei~her of vs, promise to pay, without defelcafion, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF =JRT PIERGE at Fort Pierce. Fbrida, the svm of 5_30~.40Q_QQ w;th ime-est frorn date at 1he ~ate of 8!7~o per anrwm, in monthly install- ; ~~~~~s as (ollows: S_ on !he ?Oth day of Jul y_ ~ q_7 5 tnd a tike sum on the cor~esponding day of each month there- ,r~rr uNil the who!e lx fully paid. Each installment ~irst shall be applied in paymenf of the interes! and t}ien on the unpa d batance of the p~incipal sum. If default is made irt fhe .~,~nent of any instaltment when d~e, and such default continues 30 days, tnen at ~he opt~or~ of the holder, and without any otner norice, aN the remaining ~,s~al!ments shall be due and payable at once. P~ivileyn i~ given to prepay this note io who!e or in part at any time without penalty. Neither fwebeararue, ~.or acceptance by the holde~ thereof a(ter any default in any psyments hereo~, ~hall be deemed exlension. A la?e paymeM tharge of S 12l-~. shall be ;i ±~:d ro each instalimenf remain~ng unpaid 7 drys af~er its due date, and a IiAe wm shetl Le added to each such installmeot iemaining unpaid 7 dayt after •ach :ucceeding payment date. - ' Each maker, su~ety and endoraer heieof, join~!y ar.d severalty, wa~ves dema :d. p~esentment protest er.d notice of p~otest for nonpaymenf, and further ,;re«s to any extension of time of poyn~nt, ei»ier b~taro or after marurity, witho~e no!ice ta any of us; and to pay all tosts of eollection, induding a •+sonable attorney's fee in the evem oF any detaufe hereunder, and hereby se.~e~al;y wa;ves all benefit of homestead and exemptioo under the constit~tion { ,.i !aws of eath State of the United Sratcs, as aga~nst this obligation o~ any extenvon or renewal hereof. s Nuness the hand and sea~ of each party. s/ Robert L. Sch~rei4ez. ($EAl) _ a sin~le adult ~A~~ csEnU . ~i_6Q__ $tate Revenue NOW. THEREFORE, the MORTGAGOR for the purFose Qf securtng payme~t of said sum o( S 3O ~ 4~•0O , and the perlormance of the cc~enanfs and agreer.ienta hereina{ter expressed, and for d~veri good and valuable ccna~derations, by these presents, does grant, bargain, sell, remise, ~:_ase, convey and confirm unto the h10RTGAGEE, its successors and asaigns, alf that certain lot, piece or parcel of land, tituate, lying, and being in the Ccvnfy of ~~t • LuC1Q and St~~e of Flo~ida, dexribed follows: s 3~<2 c-~~~ - o~ 9~- ooo~~ _ Lots 15 and 15A, Block 508, pORT ST LUCIE SECTION 10 ~ as recQrded in Plat Book 12 , pages 49A thru 49G of the a Public records of St. Lucie County , Rlorida • ; ~ ~ ; } ' I---A-~ G / ~ ~5 J M ~ f I ` QE~~~`~ ? .r-~~ ~ 1iJ 1 i ~ MENS ~E Q~ - ~"'C ~.yT A~ - n , G 6~e~. ~g f f o ~QCJM-EYti`iUt ti+sr~~ ~ 5. ~ U 4 •C `~tp~i,>>'~?'~ ~.,E~" s ~ . 7 ~,~PS ~ _ . ~~yi J ~'~p ~E.A QpR vy;AE. s i c ~ :Yt~-i • ~s:~-/ ~ (~E~~Q~~QC,~v"~~~~~ S(• ~ s <r- ~ = _ f 9. D~c~P1~ \7~,- ; / ~ ~ =r''~ ~G~~ ~iG`~W ~ ~?f- ' ~ : t ~ ~ a •c~erher with aIl and singular the tenements, hereditaments and appurtances thereunto be{onging w in anywise sppertaining thereto, and sll renis, issues, ; : r~eeds and profits accruing and to accrue from said premises, atl of which are included in the above and foregoing dettription and F?~be~dum. ~ TO HAVE AND TO HOLD the above desvibed and gra~ted premius unto the said MORTGAGEE, its suttessors and suigns forever. And ih~ pid r t11 S g : ~RTGAGOR fw heirs, exrcutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its ivctessors and ~sti9nf, ~ ~ he 15 ~a.vfully se~:ed of the sa~d premises in fee simple; that the same are free, cleer and discharged from all liens and encunr ' s ::•3nces in law or in equity, and that he _ W~~~ a~ t11S heirs shall wa?rant end defend the title to the same to the ssid i ~RiGAGEE, i» successan and assigns, forover against the (awful daims and demands of all persons; ~ ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note he~einbefore described and shall fruly, promptly 3 - d fully perform, d~scharge, execute, compfete, comply with snd ab~de by each and every the stipulations, agreements, conditions and tovenants of said ~ f; _;:r:,ssory note and of this Mortgage, ~hen this Mortgage and the Estate hereby created shall cesse and be n~lf and void. y ~4 IT IS UNDERSTOOD that the word "Mortgsgor" wF~ethe~ in the sirgula? or plural anywhere in this Mortgage, shsll be singular if or+e only and ~ ~ ;~:al! be plural jointly .-ru~ severally if more than one, and that the word °their" es uscd anywhere i~ this Mortgage shsll be taken to mean "his;' "hen," ~ r ~ •';es," wherever the conteat so imp6es or admin. Also, that wherever there is a refere~ce in the covenants and agreemeros herein contained to any of ; ~he parlies he~eto, the same sF~all be consrrued to mesn as well as the heirs, legal representstives, i~ccessort and ~uigru (either voluntary by att oi the ~ ~ c,ariles or involuntary by aperation of the law) of the seme and that the covenams herei~ contained shall bind •nd tMe benefits and ~dwntages inur~ ~ ~ ~o she respective heirs, legal represenfatives, successws and ass~gns of the parties hereto. ~ ta, ' And said Mertgagors, for themselves and their heirs, legsl representatives, iucceuors a~d asfigns, he~eby jointly and severally covenant and agree U ~ }o and with the taid MORTGAGEE, its successors and ass~gns: 4 ~ ~ 1. To pay ell and singulsr the principal and imerest and the various and w~dry •ums of money payable by virtue of said promisiory note, and this ~ ~rortgage, esch •nd every, promptly on the days respectively the s~me severally become due. ~ 2. To pay all and sirgular the t~xes, sssessments, levies, tiabilities, oblig~tions and encvmbrances of every nature and kind now on said described~ o~operty, or that hereafter may be impoted, suffe?ed, pl~ted, levied, ot auessed thereon, w that heresfter may bs Icvied w sue~sed ~pon ti~b Mort¢ ~ ~ age, or the indebtedness secured hereby, eac!? ar+d every, when dve and psyable, xcording to law, before they become delinqvent, and before any intHest~~ a~~~ches or any penalty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTIY SATISFIED AND OISCHARGED OFOm ~ ~ECORO AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE,. THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAILY ENDORSED ~r OR CERTIf1E0) SHAII BE PtACED IN THE NANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; a~d in the event that any thereof is not } ;:~:d, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part Ihereof without waiving o~ affcctiny any option, lien, eqvify w ~ •~~ht vnder w by virtue of this mortgage and the full amount of each and every such paymenl shall be immediateiy due and payable and shall be~r interest '~em •he da+e !~e~=ci v~ ca d r~ ~afe of nine per centum per annum and together w~th such interest shall be secured by the lien cf !h s morgt~y-e ~ : .h.,,Y = - - - ;s:'- ~ : ~ _ ~ w~ - : - -r:~~_