HomeMy WebLinkAbout0438 ~ 32:3~~3Ei -
ln t fi [~CCemhe r a~. 19 ' S b.~w.«+
THIS INOENTURE. Med~ the d~y of -
f~evin J. i:ckelhar~ler an~f lC,lren J. Ectk@~harner~hic wife _
of St _ Lue i e ~punty Flwida, hereinaft~t dtiignated as Ihe "MORTGAGOR," +nd FtRST FEUfltAl SAVINGS AND LOAN
AS$OCIATION OF FORT PIERCE. ~ caporetion orp~~ized and ex~siinp u~de~ tM lavw o( tM Un~tcd 5~~~~s o( America ~nd haviny in principat ptac~ of
buunes~ in tM Ciry oi Fwt Pi~rc~. 5~. luci~ Covnty. Ftwida, Mr~inalter d~tiynat~d ~s tF» "MORiGAGEE:'
WHEREAS tM MORTGAGOR is jut~ly ind~btad ro the MORTGAGEE in the s~m of f ~ 1 in~n good and lawful money of ttw Un~~ed
S~ates advanced by 1hs MORTGAGEE unto the MORiGAGOR, as evidenced by a cer~s+n pron,~sswy note of e~en da~e herewith, of wh~ch the foltowinQ in
wadi •nd ityur~s is a uw copy, to-wit:
s31,000.00 ~ 100217?3
Fo~t Pieres, flwida, ~'~prnher 19 ~q 75
Fw valus received, 1, we or eithe~ of u~, ~om~se to pay, without defalca~~on, to ~he order of FIRSi fEDERAI SAVIVGS ANU IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Florida, the sum of Z~ 1• .r,th irtereat (rom date a1 the rate af 8!
?~e per annum, in monthly inttalM
r„e~ts as foliows: = 2 SS .~O 20th day of r~ h 19_ ~6_ and a like aum oe the correspondi~g d+y of each month thare- j
after until the whole be fufly paid. ~
Each instailmem first shall be applird in payment of the ~nte.est snd ~hen on !he unpaid k»lance of the prinepal sum. If de(ault it made in tM
payment of ~~y installment when due, and iuch defsult contirtues .i0 day~, ihen at the option of the ho~der, and wi+hout any other notice, atl the remaini~g i
~nstallmcnn shall be due and payabb at once. P~ivileye is given tu prepay this note ie whole or in parl at aoy t~me wi~hout pe~alty. Nei~her faebear~nce, 3
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nor acteptance by the holde? thereOf after ~ny default in anY paYmenb hereon, aha11 be deemed eatensior+. A Iate paymenf charge of =~.1~ shal) be ~
added to each insqllment remaininy unpaid 7 days aiter iti dw dale, and + like sum shall be addad to each iu<h tnstalSmant remaining onpaii! 7 thYf~aher .
each s~ccerdiny paymem date. ~
Each maker, wrety and endorur hereof, =andy snd ssveratly, waives demand, presentmem protest and notice of protcat for nonpayment, and furthu ~
agrees fo any extensio++ of r~me of payment, eithe~ be(we or after meturiry, without notice to any of us; and to pay all costs of colleciion, irxlud~n~ a ~
reasonable sttwney's fee in thr eve~1 of any defsult hsreunder, ~nd Mreby severaily waives a4 benefit of hc~nestead and exemption under 1he constitution
and laws of eath Sute of the United States, as against tbis obtigation a any satension or renewal hereoi. ; . ~
Witness the Mrd and seal of each party. ~ ~
s/ Kevin J. Eckelbar~er ~ ~
~n t s~ ~ „ , ~ - ~,u, ~
' s/ Karen J. Eckelbarc~er i
~ 4~ • 1 $tate Revenue . ' , y •
(Srsrnpr e~++cslkd ar ariyhAF-note)
NOW, THEREfORE, the 7NORTGAGOR for the purpose of secvrirg payment of=sa~d sum oi S~ 1~~~ ~nd the performsnce of th~
covenants and agreemenb her~inafter expresscd, and fw d~vers yood snd valuablt coniiderat~ons, by thex p~csents, does g?ant, bugain, sell, rem;se,
release, convey snd confirm unto thq MORTGAGEE, its successors ~nd suym, all thst ceruin bt, piece a parcel of land, situats, lying, and beinp in tM
County of St . L.UC iC State of F{orida, described ~s fotlows:
Lot Block 16-1, LA~t~00D PARK, LTtIT 12, accordin~ to the plat thereof ;
on file in Plat Rook 11, Page ?_hA and 2fiR, Puhlic R~or+i~ of St. L.ucie ;
County~ Florida, ~
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By agreement of Mortgaaor and 1~fortc~ac~ee on file with ~
Mortgar~ee, the within mortgage secures not only an ?
! existing indebtednes5~ but also AtrIANCES to he HERE_
.1rTER made by Afortganee to Aiortgagor, the ag~regate ~
; of which wi1Z e~ual the principal amount specified . ~
.
; in the promissory note secured hereby. ~
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~ r.ti?•;1~1 i Iti i-i~iMltl~l ',f iti-. • ` ~
UIIE Otl C1J18S 'C INtAINiIBLE PEftSUr:IU PiAiPEk . }
??;RS~MI(I ~ CWWiER 71-13/. AC'1'S Of ly]1 ~
IpY~t POfp11~S • ~
OtF11K 911~M~f ~IIA °5. }
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together with all and singul~r the tenements, he?editunents and sppwtances the~wnto b~lor~firg w in a ise +ppert~ininy therero, a~d ~II nnts, issws.
proceeds and profin accruing snd to acaue from s+id premises, all of wFiKh are included in ths ~bova and fwpoi~g deu~iption and habarnlum.
TO HAVE AND TO HOI~ tht above desvibed ~nd yr~~ted prcm~~es unto the said MORTGAGEE, itt uxcessors and +uiy~s forever. Md tM uW
MORTGAGOR fw theic ~;~s, executors, ~dministrators and assigns, hereby covensnq with tF+e ssid N10RTGAGEE, it~ ivaesson and assiprn,
~ ihat thev ATC ~~W(vlly seized of tM s+id premisss in fe~ simplr, tFut tF+~ s+me ar~ free, clear and dixharped from all lians and ~ntum-
~ branccs in bw w in equity, and that t he v w~~~ a~ t he i r hein shall w~~rant ~nd defend tM titl~ ro ~h. sam. ro tM satd
MORTGAGEE, its iuccesson and asaigns, iweve~ ayaiml the lawlul claims and demands of ~II perwns; ~d
~ PROVIDED, AlWATS that if tha MORTGAGOR shali pay ur.ro the MORTGAGEE the promissory nott hertinbefae described ~nd shall trvly, prampt~l~a~~"'
- and fully perfwm, diuharge, execute, complete, comply wi?h snd abide by aach and every the stipulatia~s, agreements, conditicxa ~nd oovenanri of iaid~.
promissory note and of thn Mortgsfle, then this Mort9age and the Es~ste hereby ueatcd shall uase and be nu{I and wid. ~ v
IT IS UNOERSTOOD that tht word "Mort~s~or" whether in the singulu oi plwal aoywhere in th~s Mwt9ape, sF?all bs sirgula~ if on~ only and~ ;
shall be plural jointly and severally if more than one, and fhat the wwd "their" as used a~ywhere in this Mortqage iMll be take~ to rmsn •'his,•• •'Mn•• .
or "iti" wherever the conteat w implies or admin. Also, that wherever there is ~ referente in tfie covenants a~d apreements Ixrein corct~ined to ~ny of-~ `
the partie~ hereto, the same shall be construed to mean +s well ~s the hein, ky+l represenativa, wcceswn ~nd ~ssgro (eitt+er voluntary by +ct of tM~
~ parties or imduntary by operatioo of the bw) of the s~me snd that the coven~nts hcnin containsd shall bind ~nd the benefit~ and advanta~es irwttr'~ •
~ to the respective hein, le9sl representa?iret, suuesson snd au~gns of the p~rtits Mreto. f
' Md said Mortyagors, for themselves and their Min, leyal repre~ematives, successon and assiyns, hereby jointly er~d severally covenant ~nd syr~
~ ro ~nd with the s~id MORTGAGEE, its successors ~rwJ auigru:
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~ 1. To psy all and siaQvlar the principsl snd intcrest and the vsriovs and iundry sums of money payable by virtue of said promissory note. ~nd this ;
maty~ye, e~ch and cvery. promptly a, ~he day. ~especrively t}w same s~ver~lly become due. ?
~ 2. To p~y ~11 and sin9ulx the tsxes, aisesunenri, levies, lisbiliti~s, obliqatio~u and tncumbra~ces of every nature +nd kind ~ow on said d~wil»d
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property, a that her~after may be impoud, wffered. Ptaced, levied, o~ auessed tFiereon, a that h~re~fter ma~ b~ levied or assess~d vpon this Morq-
~ ~g~, or tM ind~bMdneis secured hereby, esch and every, wMn dw +nd psyabk, actordirg to law, before they become detinquent. ~~d btfon u~r ima~st
attaches w sny penalty is incurrcd; AND INSOfAR AS ANY THEREOF i5 OF RKORO THE SAN.E SHAIt BE PROMPiIY SATISf1ED AND DISCHARGE~ OF
RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEtPT OR 7HE SATISfAC110N PAPER OFi1C1AlLY ENOORSED
OR CERTIFIED) SHAII dE PtACEO IN THE HANDS OF SAID MORTGAGEE WlTHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst any fhereof is no?
paid, s~YSfied and discharged sa:d MORTGAGEE may ~t any time p+y the same o? any part thereof without waivi~g or stfecting a~y option, lien, eqvity a
~~qh~ under w by virtve of this moitgaye and the full amoum of each and every such payment shsll b~ immed~ately due and payable and shall beu interest ~
~.om 1he date thereof until paid ute of n~ne per centum per anmim ar~d toyether wnh such inferest shall be secvred by the lien of th's morqt~qe.
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