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Home My WebLink About1790 i 3~Q5'~'7 , THIS INOENTURE, Mad~ t~ 24Lf1 ~Y of October~- ~.p. 19 75 b~Mrtw~ ~ R~chard R. Schuldes and Esme M. Schuldes~ his wife ~ pf - St. Lucie .~,,,H Fb,;,~a, ~,~,~u„t,« dtsipnated ~f th~ "MORTGAGOR;' ~~?d FIRST fEDfRAI SAVINGS ANO IOAN , I?SSOCIATION Of FORT PIERCE, ~ oorpw~t~on o~nised ~nd ~xis~irg und~. tM lawa oi tM Unit~d St~tN oi Am~riu u~d h~vinp its princip~l plau of ' busle~u tn th~ Gty of Fpt Pi~rw, St. luci~ Countr, flo~id~, hK~inafNr daipnat~d n tM "MORTGAGEE." ~ WHEREAS th~ MORTGAGQR is jwtly Ind~bted to tM MORTGAGEE in tF~e ium ot s34L8~•~~ 9ood ~nd lawiul ma+~y ot th~ Un~t~d ~ Sfat~i ~dv~nced by tM MORTGAGEE v~to ths MORTGAGOR, as evidenced by a certain promis~wy note of ewn date her~with, of wh~ch ths (ollowina in wwds a++d fgu~~~ is • trw copy, tow;t: ~ ~.~0•~~ • 1~01~ F,,, P;,rc.. Fbr;d,. Oc tobe r 24 19 7 S fw valw received, 1, we or tither of us, promise lo pay, without defalcafion, to tF~e ordar of FiRST fEUERAL SAVIN4C?S~ AND LOAN ASSOCIATION Of FORT PIERCE af Fort Pierc~, Florida, tM sum of =34 ~~~•O0 w;th intereit from date af ihe rate of 8' ~'96 pa annum, in monthty irutalb rrwnn u follows: = 287.~~ t~ ZOt11 ~y aF February , 19 76 and • lik~ ium on tM correspa~dtnp day of ~ach month tMr~- aft~r ~ntil ths whole be fully paid. Esth installment first shail bs applied in payment of ths i~terest •nd ?hen on the unpaid balance of the pti~c~pal sum. if default is mads in th~ payment oi any insbl?mem when due, artd such defauh cmtinues 30 days, then at tha option of !M holder, and withou? sny other r+otice, all ihp nmaie?inp inatallr.~ents shall be due and payabts at once. Privilepe ts piven fo prsp~y thw note in whok w in part at u~y time without pcnalty. Neither tortbeuanu, nor act~pN~ce by the holda thereof aftrr any defaulf in any paymcnb hereon, shsll be deemed extension. A Iate paymerit charye ot = 14 • 35 sh~l) bs added to each installment remaininq unps~d 7 dayt affK its dus date, ud • like wm shall be sdded to esch sucA insuliment rem~ining unp~id 7 d~ys ~her each sutteediny paymeM date. Eath rrWker, svrery and enclorur hereof, jointly and severally, waives demand, presentment protest and ratice of profest fa rwApayment, ~nd fwthar agreea to any sxtension of t~me of payment, either before w afler maturity, without notice to sny of us; and to pay sll coitt of collection, includirg • reasonabk ettwney's fes in the eve~t of any defauH hereunder, and hereby severally waives all be~eiit of homestead end eaemption undK the cautitvtion and laws of each State of the United States, as against, fhis obligation or any extension w renewel hereof. Witness ths hand and seal of eath party. . _ cr/ Rin_h arA F~ Sr~ht.ltlge ~y ~ ~ ~E~o~~ ~d~~a~-~~~-~~;~-~~%~ ~ S Esme N. Schuldes ~ 4- 5~'~~ ~ Stat~ Rewnve Kt+o~p~s wo1~) , NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securi 34, 800.00 ng payment of said aum of = , u~d tM p~rfam~nu of tht cova?~nb and sgreemenb hereinefter e:presscd. ~~d (a d7vers 9ood and wlwble conside~ations, by the~~ presenri. does 9rant, baryain, ull, rcmiis, releais, ca?rey and confi~m unto the MORTGAGEE, ib succeuon u~d ~uiyns, all ihat certain bt, piace w pupi of (and, situat~, iyirg, ~nd beirq In tlw Cow~ry of St. LuCl@ , and State of Florida, described as followt: ; L,ot 15, Block 4~1, PORT S?. Lt)CIE SECTION 26, as per plat ; N thereof on file in Plat Book 1L~,~ pages 1~.~ ~.A th2~Lt L~C~ L^ ~ ~ Public Recorda oP St. Lucie County, Florida. f~~~ eri t•n , ; ~r,~ , " By agreement of Moztgagor and Mortgagee t°:iU-:=. ~:l':i on file with Nortgagee, the within ~ u. ~~.sj % uortgage securea nat only an existing r~ ~f__ ~ V~'~ r indebtedness but a lso AWANCES ta be f Q~w ~ F~RSAF?ER made by Mortgagee to Nortgaqor, ~ t~~,~ the aggregate o€ which ~rill equal the 5~-- a~lx ~~'~j,~ principal amount specified in the pro- ! " missory note secured hereby. ~~~{a~::;l~lti ~ 1~ ~ ~ ~ I ti~ 0 ~ IN PAYMENT 0~ f ~ PRp j P~tS'~t~ ~ :.:,~E ~~'C Ilt~llll~~~ ~ pf 1911. ~ j ..GJNFt 0~ ~ 71-134~ ' ZO i p~pUllf.~`~~~K ~ ~ ~ i € togethe~ witF~ all and sirgular th~ tenemenb, hereditame~ts and appurtantes 1F~euMO b~laginq or in anywiu ~ppertaininp thereto. ~nd dl rMts, iuws, i proceeds ~nd p~ofin acn~7rg aod to acuue from taid premises, alt of wFiKh are inclutkd in tM abov~ and faegoirg d~wiption and habendum. ~ TO HAVE AN~ T HOjO the above dexribed and 9ranted premises uMO the said MORTGAGEE, ib s~ccestws and asi os fortva. Md th~ s~Id i MORTGAGOR for t~e F,e;rs, executon, administratws ~nd ~uigns, hereby oovenana with the said MORTGAGEE, its suueawrs ~nd qstpns, t that ~hQY a~~- fawfully se~zed of the sa~d premises in fee simple: tMt tl+~ sam~ u~ fra~, clear and dischsryed from dl liwro md «~cunf ~ brances in law w in eqvity, ~nd that they W~~~ the1X hein sMll w~rrar~t ~nd defend tM titl~ to N» same to th~ pid MORTGAGEE, its succcssors and assi~ns, forever yairut the lawful claims snd demands of all penons; PROVIDEO, ALWAYS thst if the MORTGAGOR shall pey vnto the MORTGAGEE the promiswrr nots hertinbefor~ dsscribed ~nd shall truly, promptly and fvlly perform, dischnge, execute, complete, comply with snd ~bide by ~ach a~d ~very tFwe sfipulations, agreeme~ri, ca~ditiau and tovManb of qid prom~scory note and of this Mortgage, then this Mort9syt and the Estate hereby uested sMsll uase end M ~ull ~nd void. IT IS UNDERSTOOD th~t the word "Nbrtysgw" whether in the sinpular a plural ~nywhere in ti?is Mwtyay~, ~hall be sirpular if oe» only uid shall bt plurd jointly a~d wve?ally if mor~ tMn one, and tMt tM wwd "their" ss v~ed anywhere in this Mortpy~ sF?dl b~ taken to m~an •'his,•• "Iwn,•• w"its," wh~rever ~Fx context w impties w adm;t~. Also, that whcrever there is a reference in tlw cover»nn and apreemenb hsiein ooMained to ury of ~ the p~rties he~eto. the sam~ shall be conshved to mean as well ~s ths heirs. ~I r ~ ky epresenutives, suaessors and ~ugns (~itMr volumary by ~p of th~ c~~ ~ parties or involuntary by operstion of the law) of the s~me and that the covensnts henin contained sMll bind a~d the benefin and advantay~s inun ~ to the respective hein, leyal represcntatives, successors and su'y~s of th~ psnies hereto. ~ v ; Md said Nlortgayo~s, fa thtmselves and their hein, legal representativq, succeuws snd assi9ns, hereby jolntly and awa~lly covMant ~nd ipr~e ~ ~ to and with tFw said MORTGAGfE, iri succetsors and auigru: ~ ~ 1. To pay dl ~nd sinpul~r the principal and interest and the vsrian ~nd wndry wms of moneY psYabl~ by virt~e of s~id promiswryr not~, u~d thi~ ; mwtyaye. ~ach and ewry, promptly on the day~ respettively th~ same ~evsrally bccwne dw. ; 2. To p~y dl and sirgvlu th~ taxes, a~ses~ments. Iwies, liabilifies, obligatam a~d erKwnbrances of ~very nat~n~ and kind rww an said danib~d ` prop~rty, or that hereafqr may b~ imposed. wffereA, pl~ced. Iwied, a~uased theraw~, or that hereafta may b~ levi~d w~swa~ed upon t1~& Mpr~ F ap~, a tM Indebtedness tecvred har~by, each and wery, wMn dw and p~yabk, auwdirg to law, befor~ they bscwn~ d~linqueM, a~d b~for~ aM Intmtt ` an~ch~s or any pen~lty is incwrcd; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAIL 6E PROINPTLY SATISiIED AND DISCHAltGED Of ! RKORD AND TME ORIGINAI G:F~CIAL DOCUAAENT (SUCH AS, fOR INSTANCE, TME TAX RKEIVT OR THE SATISFAC110N PMfR OfFICIAIIY ENOORSE~ QR CERTIf1ED) SHAIt dE PLACED IN iHE HANDS OF SAID MORiGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; a~d in the ~vent th~t a~y flx~wF i~ no1 p~~d, sat:ified a~d d~xharged sa:d N?ORIGAGEE may st any r~me pay the same or any p~rt thereof without waivinp a~ffectirg ~~y option, li~n, puity or ~pht under or by virtue of this mortgage and the full amounr of each snd eve~y such p~yment shall be immediately due ~nd p~yabk ~~d thall b~ar int~rpt ' ~.om the d~tt tlxreof until pa;d at rate oi n~ne per centum per •nn~m ~nd toye~Fu? w~th such interest shall be secured by th~ lien of th:s morytay~. i E - ,r..~s: y r:_„ ..J. _ . . . . _ ~ - . k'~` ,...,,z~ ~ ~ _ I .~,i~ ~'s~. - _ .~r . . _ ~'-e, - . .