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Home My WebLink About2501 ' 319~ ~ 69 ~ 14th October 75 THIS INOENiURE, Mad~ tha day of A.D. 14 b*twe+n Bdwin N. Staehling, a single adult _ of St . I'uC e County Flwida, hsrein~iter dei~~~arrd as the "MORTGAGOR," and FIRST FEQERAI SAVINGS ANC tOA4 ASSO:.IATtON OF FORT PIERGE, • corporarion wyani:ed ~nd exiiting u~da Ihe la~«s of Ihe Un~ted S~at~s of Ameiice and havinp in pri~~cipat plac. of bus~ness in fM Ciry of Po.t Pie~ce, SI. tucie County, florida, hereinalter de~ignated a~ the "MORTGAGEE:' WNEREAS 1he MORTGAGOR is juslly indebted to 1ha MORTGAGEE in the sum of S 15 s 2~ • , gqod and law(ul rrpney oi the Unitsd S!ares advanced by thc I.tORiGACEE unto the MORTGAGOR, ss evidenced by a cer~a~n promissory nole of even date herewith, of wh~ch ~ha following ~n z~15 d 20~~. 00 ~"va co~:y. ~o-W~~: ~ 11000359 ~ F~~ PK,~e, Fi«;d~, October 14, 1975 ~ Fw value received, 1, we a either of us, promese to pay, wi~hout defalcat~on, :o the order of fIRST FEDERAL SAVING~SSAND LOAN ASSUCIATION OF :<`RT p1ERCE at Fort P~erce, Fbrida, ~he sum of E__15~ 2~. ~0 w,ti, ;n;erest from date at fhe rate of 8! `~per a~uium, in monthly inslall- ~•:~~s as fo~!ow:: S__ 125.00 _ on ihe ~~th day of NOVE'IDb@Y _ ~q _7S_ and a like sum on the corresponding day of each month thero- ~~trr unhl ihe whole tx fuUy paid. Each installrnent first shall be appi~rd in pay~nent of the in~erest and tt,en o~ the unpaid batance of the prinupal sum. If default is made in the E.~;~nent of any iosta~lrnenr wheo due, and such dafaul~ continues 30 days, then at rhe opt;on of the holder, and witFiout any other notKe, all ~he remainin~ :~~srallrr.ents shail be due and payab3e at once. Privilege is given to p~epay this rate in wtr~le w in part ~t a~y time withouf penalfy. Neither fwebearancs. ro~ accep~ance by the holder thereof aiter any drfault in a~iy payments hereon, shall be deemed extension. A late payment charge of s 6• 25 sh+ll bs :i.:_d to each instaf+me~s remaining unpa~d 7 days aftat its due daie, and a tike sum sha!t be added to each sv:h installment ~emai~ing uopaid 7 days ~Rer each succeed~ng payment date. Each maker, surery and er.dorser hrreof, jo~ntly and severally, wa,ves drma:~d, presrntmeN protest and notice of protest for nonpaymenf, and iurther a:,•ees to any eatens~on of nme of paynKn~, e~nc~r be'ore w atter r.,aturity, without r.ot.ce to aryr of us; and to pay all eosis of eoliection, inelud~nq a rr-+sonable arrorney's fre ~n fhe event of any defawt herc~nder, and hereby se.•e~al{y waives all benefit of homestead and eaemption under the constitution : c: ~aws o! each Stare of the tl:~ited ~tares, as ageinst this oblsgation w any a:~tenseon er ~enew~l hereof. Wirness the hand and seal of each party. APFRA~sE~ • S/ Edwin H. Staehlin9, ~~q +~~f on~C a single adult ~q ~~s~ c//~ -c~/y ~ saa. So . . State Revenue 7(~1F 1 NO'N, THEREFORE, the MORTGAGOR for the purpose ef securirg peyment of sa~d sum of S 15 ~ 2~ end the paformence of ths ~ :•~~e^ants arxl agreemenrs here~nafrer expressrd, and for di„ers good and valuab~e conaiderat~ons, by these presents, does grant, bsryain, sell, remise, ~~ease, convey and cor~fhm unto the MORTGAGEE, its succeasors and asa~g~s, a!I tha~ certain Iot, piece a parcel of Isnd, situate, lying, and being in tM ~ounty of St . I'uCl e pnd State of Florida, desuibed ~f follows: , A Condominium parcel designated as Apartment No. F, Building 412 of ;fIGHFOINT OR F~ORT PIfiRCE ~NDOMINIUM SfiCTION 1, a condominium according to the Declaration thereof, dated August 1, 1974, and recorded in O. R. Book 230, at page 2201, inclusive, of the public records of St. Lucie . Cou:~ty, Florida, together with all of the appurtenances thereto, all according to said Declaration of Condominium. SUBJECT to all of the provisions of the Declaration of Condominium and Exhibits thereto, and any and all restrictions, reservations, easements, licenses and including a lease recorded in O. R. Book 226 at page 558 of ~ thepublic records of St. Lucie County, Florida, which the mortgagors ~ assume and agree to perform and abide by. ~ ~ By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the E within mortgage secures not only an existing indebtedness, but also ~ ~ ~1DVANCES to be HER6AFTER made by Mortgagee to Mortgagor, the aggregate ~ of which will equal the principal amount specified in the promissory note secured hereby. - RECEI~E~ ~ Ik PAY~fEHT Or V~X~ :rJE tNti CLASS Y'i' INTAHGIBIE PERSONAL PROPEitZ`-'. ?,1RSaY~tiT TO CHAPTER 71•134, AiCfS OF 197~1~ ~ ~naether with all and singular the tenements, hereditaments and appurtances thereumo belor~ging or in anywise~t~~h~~i 1, ~ ~ c•o.eeds and profits accruing and to accrue from said premises, all of which are included in the sbove snd fOregoing destription ~nd habendum. ~ TO HAVE AND 10 HOlO the above desu~bed and granted premises unto the ssid MORTGAGEE, its successon and suiyns faever. And th~ aid ~ thei r_____ ORTGAGOR for - heirs, txecutors, administrators and assigns, he~eby tOVenanb with the iaid MORTGAGEE, iri tuctsison ~nd assipM, ~ •~•at lawfully se~: of the said premises in fe sirripte; that the tsme sre free, clear and d~xharged from a1t Hens ud enturn- ~ c-ances in law or in equity, and that-~ey will and t~el r hein shsll warrant a~d de(end the title to ihe ame to ths taid ~ :RiGAGEE, its succeswrs and assigns, forever against the lawful daims and demands of all persons; ~ PROVIDED, AIYIAYS that if the MORTGAGOR shall pay unto ti~e MORTGAGEE the promissory note hereinbefore described and sh+ll truly, promptly ~ and fully prrform, d~xharge, execute, compkte, comply with and ab~de by each and eve?y the stipulatioru, sgreements, tonditia~s and toven~nts of Nid ~O crom~sso.y note and of th+s Mortgage, then this Matgage and the Estate hereby ueated shall cease ar?d be n~ll and void. a ~ IT IS UNDERSTOOD that the wwd "dbrtgagor" whethe~ in the singular or plvral anywhere in this Mwtg~ge, slull be sinpulu if one only ~nd ~ ii~all be ptural jointty and severaily if more than one, and that the wwd "their" as used ~nywhere in this Mortgage shal) be t~ken to mesn "his;' "h~rs," ~ ~ cr "i:s;' wherever the co~text so implies w adm~ts. Alw, that wherever there is a reference in the covena~tf snd sgreemenri hcrein contained to a~r of ~ rhe psrties hereto, the same shall be construed to mean as wetl as the heira, legal representstives, succeswrs snd auigns (eithet vduntary by sct of th~ ~ carr~es or involuntary by operation of the ~aw) of the same and that the covenants herein contsi~ed shall bird ~nd the benefits and advantaga irwr~ ~ ~o fhe respective hein, legat ropresentatives, successors and asrgns oi the part~es Froreto. ~ And said AAortgagors, fo~ themselves and thei~ hein, legal representatives, successon and assigns, hereby jointly snd severally covenant and yree ~o and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay ~II and singu~sr the principal and interest and the vatiovs and sundry sums of money paysble by virtw of wid promissory note, and this ~ ~nortgage, each and every, promptly on the days rapectively the same severally become due. 2. To pay sIl and singvlsr the ta:es, aasessments, levies, lisb:lities, oblgations a~d encwnbra~ce~ of every natw~ snd kind now on said descriMd property, or that hereaiter may be tmpoted, suffered, pleted, levied, or auessed thereon, w that hereafte~ may be kvied p assessed upa~ this Mat¢ age, o~ the indebtedness secured he.eby, esch and every, when dve and payable, sccording ro law, befwe they becane delirquent, ~nd before any Fmsrest rtraches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMRTLY SATISFtED ANO DiSCHARGEO OF R~CORD AND THE ORIGIPSAL OffICIAI OOCUMENi (SUCN AS, fOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OfFICIAILY ENDORSED } OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; a~d in the event that any tF~ereof is not pj~d, sa~"afied a~d dischsrged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving w affecting s~y optiw?, lien, eq~ity w :3 ~~~h~ unde. or by virtue of this mortgage and the futl amouM of each and every such payment shall be immcdiately due and payabk a~d shall besr intetesf ~ro•r •h~ dr~e r~P~ec~ ~.:r±~! c~ d a~ ra~e of n+ne pe~ centum per annum arid together w~th suth interest shall be ucured by fhe lien of th s mo+gtage. ~ - - _ _ - • - ~ . . _ ~ . _ . . . _ : - _ _ ' . ~ya