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Home My WebLink About1937 . 3p6~6 ~ THIS INDENTURE, Made the 16th day of APri 1 ~ A.D. 19?S , between ~ _ Richard F. Schuldes and Esme_Mt ctiuldes~ 1'f3s wife of ~ uC County Fiwida, he~eina~ter designarrd as ~he "M~?RTGAGOR." and FIRST FEOFRAL SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, a torporation orgsnized and exis~i~ under fhe lawf o} the Unitcd Slatas of Americ~ and having I1s principal plat~ of ~ busineu in tbe City of Fat Pierce, 5f. lucie County, Ptorida, he~einaHer des~ynated as the "MOIeTGOACtE~.'. ~ WHEREAS Ihe MORTGAGOR is jutlly indebted lo Ihe MORTGAGEE in th~ sum ot S 18 ~ good and lawful mo~ey o( the United Srates advanced by the 11.ORTGAGEE unto the MORTGAGOR, as evidcnced by s certa~n prom;sswy note of even date herew~th, oi which Ihe followirty in .+ords and ti ures is a true copy, to-wil: ;_18,00~.00 ~ 11000305 Forf Pimce, Florida, Apri 1 I6 ~ ~y 75 ~ For value received, 1, we or either of us, p~rom:se to na; without defa~ca~~cn, ro Ihe order of FIR5T FfOERAI SAVINGS AND IOAN ASSOCtAT10N OF ; ~:.RT PIERCE at Fort Pierce, florida, the sum of S_18 ~~OO.OO w~th :nte:esr from date at the rate of 9 °.o per annum, in monthly install- ~•ms as fo~!ows: S__ 162 . OO _ o~ _ LUtYlda~ of _ May ~9-.75_ and a tike sum on the correspond~ng day of each month there- unril rhe whote be fuily paid. Each instailment first_ sha~~ 6e appGed in payment of the intere:t and thzn on the unpaid balance oi the prindpal sum. If default is made In the ,.ment of any installrnent whe~ due, and suth default co~tinues 30 days, then at the option of the holder, and without any other notice, all the remaining ; sf~!Irnents shall l,e due and payable at on;e. Privile~e ia given to prepay this note in whole or in part at any time without penahy. Neithtr faebearsnce, ~ f ~ or acceptance by the holJer thereof aftrr any detault in any payments hereon, s!ull be dze^~ed eYtension. A fate. paymero charge of s8' 1O shall be i i.i;d to each instalirnem remain~ng unpaed 7 doys afte~ its due date, and a like sum shall be added to each suth installment remaining unpaid 7 dayf affer = ~:h succeeding payment da+.e. _ ? Each maker, surety and endorser hereof, jo~nt~y and severa~ly, v.~aives demand, p+esentment protes~ and notice of profest for nonpaymeM, and fu?thar ~,rres to any extension of h~r.e of payment, either ba!o:e or aher maw~ity, without nonce to any of us; and to pay all cos~s of cotlection, i~duding a •~onable artorney"s fee in ihc evznt oi any defs~lt hereunder, and hereby seve+elly waives all benefit of homestead ar~d exemption unde? the constitution j ~t iaws of each State of ~he Un~ted States, as dga~nst this uLilgation or any r,cc>ns~on or renewal hereof. ~ Wimess the hand and seat of each party. - . . , , S/ Richard R. Schuldes (SEAU . . csEnU - sme M. c u es ~aU $ 27 . 00 t~U ~ _j Stare Revenue K.X?6}Ls~tdidE~C~OICXifjK~tXiEis ; NOW, TNEREfORE, tfie MORTGAGOR fo~ the purpose of seturing payment of aaid sum of S 18 and fhe performance of 1F~e i .-~:e~ants and agreements hereinafter expressed, and for divers gaod and valuable conaiderations, by these prestnts, does grant, barga~n, sell, ~emise, _ e,se, convey and cpnfirm unto the MORTGAGEE, irs successors and assigns, ell that certain lot, piece or parcel of land, situate, lying, and being in the ~.oonty of S1 Lueie and S?ate of Florida, described as follows: Lot 17, Block C, WEST END ADDITION, a subdivision as per Plat thereof on file in Plat Book 2, page 5, public records of St. Lucie County, :~lorida. ayo9' 7~7-0/O~'ODO~ ~ IN W1IIMEIIT Of TIIXQ ° STA~E"t»- F1_._Oc-~t~A~ ~ ~ I' . Y s 1 c, nn P 7 r. t ouE oN cuss ~c i~iws~ ~asa+a. r~n. ' ~ a " r~o~~~~ Z AR__ - - , ~T T~ aurr~ n•~K. ~crs o~ ~gn. } ' ~ ~ DEY OF kEYE.iUE : . ~ R06ER ~'ORRAS ; [ _ 2 7, 0 0 f ct~c ciRauR couacr. sr. wciE cfl~ F u z i -Z+C ~ ~ ~ MtT~2i~/.~. ~ ~ ~ n cn = P B. ~'`j~ ~ ~ ~ ~ ~y~"'~'"_'_ - i ~ . ~ ~ f ~ •:='~er w~th al! and singular the tenements, hered~taments and appurtances thereunto belonging o? in anywise appert~ining therefo, and all renri, issues, cceeds and profits accruing and to accrue from sa+d premises, all of which are included in the above and fwe9ang deu~ipYwn end habendum. TO HAVE AND TO FiOLD the above desvibed and granted premises unto the said MORTGAGEE, its succestors and assig~s forevq. Md tFN ssld ~ their '~R7GA~Q R for heirs, executws, admi~istrators and assigns, hereby covenanri with the said MORTGAGEE, it~ wtteuws and auipro, ~ _L[l@~7 are_ ~aWf~s~,, seized of the said prem~ses in fee simple; ~hat the ssme sre free, dear and discharged from ~II lier» aod encum~ -~,ces in law or in equity, and that t~-_ will and their heirs shall warrant and defend the title to the ssme to the said ~ ~RTGAGEE, its successors and assigns, forever against the lawful daima and demands of all persons; PROVICED, AIN/AY5 that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note he~einbefwe desuibed sr~ shall truly, p~omplly x ~ f~lly perform, d~scharge, eaecure, complete, comply with and abide by each and every tbe stipulations, agreemeMS, condifions and covenanri of ssid ~ c: ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shsll cease and be ~ull and void. ~ ^ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular w plural anywhere in this Mortgage, thsl) be siryulu if one only a~d ~ be plural jolntly and severally if more tkan one, and that the wwd °theh" as used anywhere in this Mortgage shsll be taken to mesn "his;' "F~ea;' ~ i ~ ~ts," whe!ever the context so implies w admits. Also, that wherever there is a referente in the tovenants and ag~eemeMS herein contained fo any of F ~ e parties hereto, the same shall be construed to mean as well as the heirs, kgal ~epresenta~ives, successon and auigns (either volunUry by ~d of tM ~y~ , ~~F~es or invotu~tary by operation of the law) of the same and that the covenants heroin contained sh~ll bind and the benefiri and sdvantpes inur~ W ! ~ o the respective fieirs, legal representatives, successors and au~gns of the parties hereto. ; ~ And said Mort a o~s, for themselves and their heirs, I al re rese~tarives, successas and ass' ns, hereb mtl snd severalt covenant and ree ~ 3 ~ 9 9 ~9 P ~9 Y Io Y Y ~ i ~ ~o and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singutar the printipal and interest and the various and sundry sums of money payable by virtue of said ptomiuory note, and this ~ ~ ~ crrgage, esch and every, promptly on the days cespectively the same severally become due. 2. To pay all and singvlar the taaes, asussme~ts, levies, liabilities, oWigstions and e~cwnbrances of every ~sture and kind now on said desaibed ~ r.: ope.ty, or that hereafter msy be imposed, suffered, placed, levied, or sssessed thereon, or that heresfter msy bt levied a usessed upon this Mort¢ z3e, or the indebtedness secured F~ereby, each and eve~y, when d~e and payable, according to law, before fhey become delinqueM, ~nd befwe any inttrtst a+~zc~es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROAAPiIY SATISfIED AN~ DISCHARGE~ OF ~ECORD AND TNE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATlSFACTION PAPER OFFICIAILY ENDORSED ~ ; R CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; ~nd in tFx event 1Mt any thereof is ~ot ;;:,,d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same or any parl thercof without waiviny w affetting any option, lien, eq~ity w •~~ht under or by vi.tve of th~s mo~tgaqe and the full amount of each a~d every svch paymertt shall be immediately due and payable snd ahall bear interest .r.~ r r•: : c~ c! •a!e of nine per centum per annum end together w~th suth interest shall be secuted by the lien ot th s mc~gtage. - ,x a,"' ;,Y _ ~s~ ,~y ~ _ .'fi?` . _ _ .