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HomeMy WebLinkAbout0049 ~ . 31539~ ` THIS INGENTURE, IWd~ the 20tt1 ~y o{ Au9uSt . A.D. 19 7S, betwNn _ Dalg O~ I.~ntis and.Marc~ret E. l.antis. his wife of $t •~Cie County flwida, he~tin~itN detignatrd as the "MORTGAGOR;' and FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a co?paat~on organaed and exiuiny undK th~ laws of tl» Un~ted Stat~s of Am~~ica and Mvi~p its p~ncipa) p4n of 5u~irws~ in th~ Ciry of Fort Piac~, St. lucis County. Flwid+, har~inafte~ deii9nated as the "N10RTGAGEE:' ' WHEREAS tM MORTGAGOR is jvstly indtbted to tbe MORTGAGEE in the sum of s 18 good aod lawi;rl maxy of the Un~ted ~+ate~ advanced by ihs 1~ORiGAGEE unto the M~RiGAvOR, as evide+xed by a cena:n p~omiuwy note of eve~ date he~ewith, ot whech N+e (olbwiny !n ~n•o~ds and fiyurei is a trua copY, towit: 1~~~~21 ; 18~~0 . W~ fa~ P~~., f~o.~d~, Au ust 20 19 75 fw value received, 1, we or eithe~ of vs, prom~ss to pay, without defa!cation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF u__~~_ - -c e 18.~0.00 ' .:.t, :...e.e.. f...... .1,.~ d.. .a~. nf 8•7~ tir aeeu~n. im m~nthlv imtall- ~~_^~f a' . a ~ lbOe.OO:.. . ,~'ZOttl ~ _ D@CQ'Qlb@Z _ _ 75 - - spend'np d~y of each mocuh therr P.~ts as follows: • on ~he _ day of _ 19_- ~nd • liks sum on ths cwre ~ a+ter uMil 1he whole be fully puid. Each installmenl (irst shal) bs applied in pay~nent of the interest ~nd thcn on the unpaid bala~te ot the prieuipal t~m. If defautt Is m~de tn the ~~.3~~nent of any installment when due, and such default continues 30 days, then at the option of the holder, and without any othe~ notice, all fhe remaining ~nsrallme~ti shall be due and payabte at once. Priv~kge is given fo prepay this note i~ who~e or in part at any time without peMlty. Naithtr forebearance, nor acceptance by the holde~ thcreof aFte~ any default in any paymenli he~ton, ahall be deemed extension. A late payment chsrge of = 8• 0O , sF~t) be ~dd=d ro each installment ?emaining unpa~d 7 days aitcr its due da1e, and a like sum sha~l be added to eacb such irtstallmeM remaining unpaid 7 days aher each succeeding paymem data • Each msker, surety and endorser hereot, jointly and severalty, waives demand, presenlmtr+t protest a~d notice of protest for nonpayment, snd further ~+a~ees to any extension of ~;me of payment, either before a afte? matw~ty, withoul not~ce to any of us; and to pay all costt of collectio~, includi~ ~ r~-.,sonabk aitwney's fee in the evcnt of any default ixreunder, and hereby seve~ally waives all benefil of homestead snd exemption under fhe constitution laws of each Srate of Ihe Umted S~ates, as againu this obligation w any exten:ion or renewal hereof. Witness the ha~d and seal of each party. ` ~ ~/Dale O. Lantis ~U t: • _ ' ` ' ' ~ ts~?q S Margaret E. Lantis ~ (SEAq 24•~ ~ State Revenve ) 1 NOYH, THEREfORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of s lg t~~ • O0 ~nd the performance of th~ covenants and agreements hereinafter expressed, and fw divers good and valuabk cauiderations, by Thes~ presents, does grsnt, bar9~in, sell, raniss, ralease; convey and confirm unto the MORTGAGEE, its succeuort and auigns, all that certain bt, piece w pucel of land, situats, lyinp, and beug in 1M County of 5 L. Ll1C 1P ~ Stata of Fbride, desc~ibed ~s follaws: ~ Lot l, Block 79, INDIAN RIVER ESTATES, UNIT 9, as per plat thereof on file in ?lat Book 10, page 74, public records of St. Lucie County, Flo ic3a, ~~~~o~' ~;v~.(C (C ' within - By agreement of Mortgagor and Mortgagee on file vvith Mortgagee, the mortgage secures not only an existing indebtedness, but also AD1/ANCES to be }1EREAFTER made by I?tortgagor to Mortgagee, the aggregate of which ~vill equal the principal amount specified in the promissory note secured hereby. . . ~ . ~ ST~iTE ri~ FLC~~J~i~ DJ~:JA~~hSTAR'!. . SiAI'I~ P I A>' ~ ' UEF7. G: REVci.i'F. ;j"~ ~!!s~~y~~~.''`~ I V' ~ .1: : ? ( ~ - ~ V O ' ~ m P@. ~ ~ - .~•z - ° ~O i . ~Nm IN PAYA~fFM Of TJU(£S ~ DUE Ofi GASS 'C INiAAGIBLE ~ERSOhAL pRp~jY~ P'J1iSlW~tT TO CENPiER 71-134. ACiS Of 19J2. ~ j p06ER PaIiRAS ~ CtERK CIRCUR OOURT, 57. kUC1E C0, fU~ rogether wirh all ~nd singular the tenements, I~ereditamenri snd ~ppurtances thereunto belaging or in ~nywife appat~inirg thereto, and all rents, iuuq, c~oceeds snd profits acauing snd to acuue from said premises, all of which ~re irxluded in the abov~ ~nd foreyoirg dtwiptan and h~bendum. ! TO HAVE AND TO HQtD the above described and granted premises vnto the wid MQRTGAGEE, its wocesson and assigro fwtwr. Md tM s~id ~ their__ ORTGAGOR for - heirs, executors, administratws snd sssigro, hereby covensnn witb the said MORTGAGEE, its succsssors uid ~~si~r, ,har ~K are_- lawfully seized of the said premises in fe~ iunple; thst the same are free, clear and diachar~ed f~om all liens u+d ~ncvm- brances in law or in equity, and that they will and thelf hein shall warram a~d defend the titk to the saent to tlw taid !,tORTGAGEE, its sucussws and auigns, fwever agaimt the lawf~l clsims and demands of sll persaa; ~ PROVIDED, ALWAYS that if tFx MORTGAGOR shall psy unto the MORTGAGEE tF~e promis~ory not~ hereirtbeforo dewibed and ah~ll truly, prwnptly .~^d fully perform, dixhs~ge, execute, complete, comply with and abide by esch snd every the stipulations, ayreert~enb, condita~s and ooven~nb of Hid ~romisswy note and of this IAortgsge, then this Mortgage and the Estate hereby veated ~hall tease and be rwll a~d void. ~~l? ~ IT IS UNDERSTOOD thst the wo~d "Mortgsgw" whether in the singulsr w plwal ~nywhere in th+s Morty~e, shall be sinyula? if on~ only and ~ ' sha11 be plural jointty end severally if more than one, and that the word "their" a: used ~nywhert in this Mortyage shall be tsken to mean "his," "Mta," f~w ~ cr "its," wherever the context so implies a admits. Also, tMt wF~erever there is a reference in the covenanb and epr~emtnts herein contain~d fo any of t~r ~he parties hereto, tlx same shsll be construed ro mean ss well as the hein, legal representatives, wccesson and au'gm (eitMr voluntary by act of tht ~ ~ pariies or involuntary by operation of the law) oi the same and that the covensnt~ herein cont+ined shall bind aod ths benefiri ~nd advantapp iew~ g ro the respective heirs, legal represemativei, successors and au'gns of the psrt"~es herero. ~ Md said Mortg~gors, for themxlves and their hein, leyal representativa, successws and ~ugru, hereby iointly and s~verally ooveMnt and ~pne ~ ro and with ihe s~id MORTGAGEE, ib s~ccesson snd suigns: ~ 1. ?o psy sll ind singvlar the printipal and iMerest and the vsrious ~snd sundry wms of mo~ey pay~bl~ by virtw of said ptomissory oote, and this ~ mortgage, each ~nd every, promptly on the days respectively the same swer~lly becane dve. - 2. To pay sll •nd sirg~ls. the tsxes. ~uesune~a, levies, li~bilities, obligatian ~nd encumbranus of wery n+tw~ and kind now on said d~saib~d ~ ~ property, or thrt hereafter may be imposed, suffaed. Placed, levied, a sssessed thereon, a th~t hereafter may b~ levied w ass~ssed upon this Mor!¢ age, w the ind~btedness secvred hereby, each snd every, when due ~nd p~y~ble, xcwdirg to law, befon thep becane d~linqwnt, aod befw~ any int~at ~ attaches or any penalty is incwred; AND INSOfAR AS ANY iHEREOf i5 OF RKORD THE SAME SHALL BE PROIIMTLY SATISfIED AND DISCHARGED OF RECORO AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATfSfACT10N PMER OFfICtALIY ENDORSEO OR CERTIFIEO) SHALL BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; and in tF~e went that a~y thereof b not pa~d, saYsfied and dixharged sa:d MORTGA6EE msy st any time psy the ssme o~ any pa~t thereof without w+iviny w affectiny ~ny option, lien, eq~ity or •~aht under or by virtue of this mortg~ge ~nd tF~e full amount of each and every suth paymem shall be irtxnediately due and payable and shalt be~r i~terest ~roT, rhe da~e th,e~euf vn!~; pa d ar rote of nine per tenfum per ~nnum and togethe~ with such interes/ ~hall be setwed by the ~~en of th's mo.gtegt. ~Y:^` ~ a~ ; _ - - - es.~> ~z: ~ ~a _