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HomeMy WebLinkAbout1345 ~O . ~ ~ ; 314.1.~6 THIS INDENTURE, M~ th~ 2~th dsy of Julv'~~ ~.o. 19~ b~tw~en RQbert L.. Schweiger~ g sing1R AA»lt of .S, t'a• T•~~C~J3..-. County Fiaid~, MreinattK dtsgnated as fh~ "MORTGAGpR;' ~nd FIRST FE~ERAI SAVINGS AND tOAN ASSOCIA?ION OF FORT PIERCE. • corpa~tan orpanistd +nd ~xistirp ue~d~ tM laws oi tM United Sut~t of Am~ric~ and h~vinp iri principal pt~u of bu~ieas ie th~ Ciry of fwl Pi~.c~, St. l„ci~ Covo~y. Flwida, hsr~ina(a? dnipn,r.d ~M "MORTGAGEE." ~ WHEREAS tM MORTGAGOR is j~+stly i~debt~d ro tl+~ MORTGAGEE 41 tht ~um of s~~~ ~nQ~ fln , yood and lawful mo~ay of the Un~ted + SufN ~dwnced by tM ~1AORTGAGEE unto ths M~RIGAGOR, as evTd~?oed ~x i osrt~in promiuory note of even d~re he~twith, of which t~x followinp in , = 31 =~~vvi VO a trw ecPY, to-wih n ' ~ 1 ~0~10 , ' . ~ , ~ No ~~1 fwt Pierc~. Flwida, 'jU1~1 2~ 19 Fw va~ue received, 1, we w e:ther of us, promise to p~y, wilhouf deialo+tan, ro the order of FIRST fEOERAI S(~AVI.N~G~S~ AND IOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the :um of f3~~~1S1 ~ wi~h interest irom date af ths rab of SL~La6 pa annum, in monthly inttall- ments as follow:: S~~7 ~ 00 a, ~0~1 of Seetember _ ~9_3~ and a like sum on the cwr~spondinp day oi each mw~th thKr after until the whole be fully paid.. ~ ' Each installment first shall bs appl;ed in payment of the interest and the~ on ~he u~psid balarxe of the p~inc~pal wm. If default is msd~ in the paymen! of any ina~altment when due, and wch default continves 30 days, the~ at the opfion of the holder, and without any other notice, ~4 the r~maininy insullments shall be due artd payable at once. Privilege ii 9ivan to prspay this ~ote in whol~ ot in pa?t ~t ~ny time without penslry. Nsitha fwebeanoce, nor xceptance by the holder fhereof after any default in soy payments hereon, shall be deemed extension. A late payment charg~ of ~ 1 K~~ K sMll b~ added ro eacF~ insrallment remaininp unpaid 7 days after its due date, snd ~ tike sum shaH be added 1o eath such inst~llment r~ining unpaid~ daya aher each ~uccecding paymem date. Each maker, svrety and endorser hereof, jointly and severslly, waives demand, {xesentment oteat and notice protesf for rqnpaymmL and funher agrees to any extensan of r~me of payment, either beiore w afte~ mawrity, withoW notKe to any us; ~nd t 11 osts of collection, includ~ng' • reasonabte attunay's fee in the svtnt of any defavtt hereunder, and hereby severslly waives atl ' o t xemption tM constiwtion and Isws of each Slate of the United States, as aga~nst this obligation w any exte~sio~ a rene a , i Witnqs the harxl and seal of each party. . / s obert L S i ~ asnge a ~ -r ~ ~ "12~ 9~ ) State Revenue ' w~aw~ia~ax~px~~xao~c NOW, TFtEREFORE, the MORTGAGOR far the purpose of securing p~yment of ssid sum of ~ 37 s 300 ~ , the pQr{ormance of th~ covensnts and agreement~ h~+reinafter expressed, and for divers yood u+d valu~We cons~de.ations, br thes~ pretenq, does ~r~nt, bar~ain, sell, remise, releaie, convey and confirm unta tht MORTGAGEE, its succeuors snd assigns, all that certain lot, pieu a putei of land, situste, lyirg, and beinp in 1M ; County of ---?St. I,UC~@ ~ and State of Fiorida, described ~s fdbwa: ' 3~~~ -s~,~- _ ~~~y-~~ y . , Lots 15 and 15A, Block 503, °ORT ST LTTCI~' SECTION 10 i 7 as recorded in Pla t Book 12, Pa~es l~9A thru t~9G of the ; public Records of St. Lucie,County, F'lorida ; 1 _ ~~f°P~ ~ F ~'st ~ 9~~ i 4i ,~Q~~,~~,. ~ ~ "U ~ A < <P =°=t~ ~ , ~ 5~ vs~~ ~~t ~ ~ ~ i '~`S c~ ' ,s~ v~'=~oF 1,;` ' ~ , `t~ ~E ' ~ 4`j~P1 • ~ .i `C ac'~ ~ ~ ~ ~ i Q~'~ ~~da ~ ,~O ~""~1~1` ~,f,~ ~ Ji ~ C`~~~ ~ a ~ . ~ ' - ~ _ s` together with all and singular the tenements, hereditamenri and appurtances thettv~to belonginp a in anywiss apptrtainitg thetNO, ~nd all rents, iuws, proceeds snd profits accruing snd to accrue from said premises, sll of which ue inctueled in the ~bov~ and forpoinp deuriptan and habendum. t0 HAVE ANO TO HOID the above desuibed and grsnted premises unto the said MORTGAGEE, iri wousson ~nd suipns fonvp. Md th~ said MORTGAGOR for -~g----- hein, executors,°~istratois and ~»igns, hereby covenanb with tM s~id MORTGAGEE, iri sucteswn ud usiyro, ~ tFNt --hB-~----- lawfully seized of the said premise~ in fe~ simple; that the ~ams ~r~ fre~, cltar ud dischsrped from al! Iwro and ~ncw~? brances in Isw w in equity, and thst he will ~~a hi s hein ~hall warrant u~d defend tM titl~ to the t~ms to tlw s~ld MORTGAGEE, its successors and assigns, fwever ayainst the lawful clsims snd demands of all perwro; PROVIDED, AIWAYS fhst if the MORTGAGOR shall pay unto the MORTGACaEE the promisfory note hereinbefwe described a~d sMN truly,. promptlp a:~d fully perform, d~xMrge, execute, complete, comply with a~d ~bide by exh snd every the atipulatio~s, ~gresmenb, conditions and tovenanb of s~id promissory rwte and of this Mortgage, then fhis Mort9sge and the Estste hereby vested shall uau and be nufl ~nd wid. ~ !T IS UNDEit5T000 that ths wwd "Mwtgsgo~" whether in the singubr w plura) ~nywher~ in this Morty~pe, shall b~ urgulu if one only ~nd shalt be ptural jointly ~nd severally if more than one, and rhat 1he word "their" as uset! anyvrhere in this Mortyp~ ahal) be taken ro me~n "his," '7~en," ~ . w"its;' wherever the context so imptie~ w admits. Also, that wherever there a a reference in tht covenanb ~nd a9reem~nb hertin oo~tained fo ~ny of fhe psrties hereto, the same shall be co~~trued to mean as well ai the hein, kyal npresentstives, s~?ccesson and atsipns (titlw voluntary by acf of t!» ~ parties or invotuMary by operation of the law) of the same and tha~ the tovenann hKein cont~ined ahall bind and ths ben~fiq and ~dv~ntapes irwr~ . ~ 4 to the respective he~n, kgal representatives, successon and au~gns of the p+rties hereto. a And said Mortgagas, fo~ themselres and their hein. Icyal represent~tivd, tuccessors ~nd augns. Mreby jointfy and s~vsrally cevenaM /nd apr~t ~ to and with tix said MORTGAGEE, in successon ~nd assigro: 1. To psy all and sirgular the principsl and imerest ar+d the wriovi and sundry sums of money p+Y~ble by virtw of said promissory not~, snd this maty~ye, esch ~~d every. promptly on the days respettively the same sewrally becorn~ due. ~ 2. To pay all ~nd singular the taxes. ~ssessments, kvies, liabilitie~, obtiystions and ~nc~rnb~naa of svery natw* and kind now on ~aid d~wib~d °Go propsrty, o? that hereaftN miy be imposed, wffaeA, placed. kvied, or asKS~ed thereon. or tMt herufta m~y b~ kvied or ass~swd ~pon thh 1Mort~- ~ye, a tht indebredness sec~red hereby, esch and evsry, when due ~nd p~y~bk, +aord'my ro law, btfae they become delirqwnt, and b~fon aMr iMerat attaches w sny penalty is incwred; AND INSOFAR AS ANY THEREOf IS Of RECORD iHE SAME SHAII dE PROMPiIY SAiISFIED AND OISCHARGE~ OF REGOR~ AND THE ORIGIMr4l OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECFIPT OR 1HE SATISFACT{ON PMER OFfIC1AllY ENDORSEO OR CERTIfIED) SHALI BE PIACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMEt~T; snd in the eveM fhst any thereof is rat paid, ssYsfied and discharged sa:d MORTGAGEE may at any time pay the f~m! p~ny pift 1IfNlOf withoeit waivinp a affectinp any option, lien, equity or •~aht unde~ or by vlrrue of this mortgsge and the fufl amount oi esch and every such payment shall be imrnediately d~e ~nd payable snd shall be~r iIItNN~ <<e-~~ r~r da!e +~erec~ vn~~! ra d a+ rate of nine per centum per annum and toyether with wch interat sF~all be secured by the lien of th's mo~gtage. ~ ti...•,.w'~..~ ' ~.~-~`~x' x ~ ' - r~. 4 1 ~ t~'_ - , ~ ~ . ~ . r . . ~ . .