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HomeMy WebLinkAbout0612 33~3f~1~ THIS INDENTURE, Mad~ the Zlst d,Y ,f June ~.p. 1976 ~~M,..,, Fred Feit and Elo3.syL,Reit ~_j~~, a~e of $t • LuCi@ County Fbtida, MreinaftK d~~ig~ated ~s tM "MORTGAGOR." ar+d fIRST FEDERAL S~?VINGS AND IOAN ASSOCIATION Of FORT PIERCE, a cwporation wya~ized and exii~inp unda ~h~ laws of tM United Su~~s of Americ~ and Fuvk~p ib principal pl~a of bu~insss In tFw City of Fort PiKC~, St. tuci~ Co~oty, flaida, Fwninafta dtsipnatad as tM "MORTGAGEE:' ~ WHEREAS IM MORTGAGOR is j~ntly ind~btsd to ths MORTGAGEE i~ 1Fw sum of S 17l~~ , good snd I~wful money of the United States advsnced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tertain promisswy nole of even date herewith, of whith the followinp ~ wwds a~d fi~ures is a uw copY. ~o-w~~: 13000330 ~ :17 ~QOO.OQ Wo ~ Fo.r Pierc.. Fto.ld,, June . 21 19_T~L. i fo~ value ~eceived, 1, we o~ either of us, promise ta ~ey, w~thout defalcation, to fhe order of FIRST FEDERAt SAVIhEGS AND IOAN ASSOCIA710N OF fORT PIERCE al Fort Pierte, Fbrida, the sum of S 17~~~ with interest from date al the rate of 8i7~i per ~nnum, in ma~thiy inst~l4 ~nents ss follows: i 1~ on the 2Oth day of Au(~LISt lq 76 ~nd • like sum on tM carespond~ng day of e~ch month therr a(ter until the who!e bs fully paid. Esch installment lirst shall be applied in payment of ths interest ~nd then on 1he unpaid balance of the prioupal wm. If default is mad~ in tM payment of any installment when due, and wch defautt continues 30 d~ys, then at ~he optiwi of iht holder, anJ without any otfier ~otrce, all the ~emaininp installments shall be due and payabte at onca Privilege is given fo prepay this nofe in whole or i~ pa?t at any tirrK without penalty. Ntither fore!»arante, nor acceptance by the holde~ thcreof after any default in any payments hereon, shall be dcemed extension. A lafe payment charge of ~~.~QQ, shall bs addrd to each installment remaining unpa~d 7 days after in dve date, •nd a like sum shall be added to each such i~stallment remeining unpsid 7 days after each succeeding payment date. Each maker, surety and endorser .hereof, jointly and severally, waives demsnd, presentment protest and notice of proles~ fw no~payment, and further agrees ?o any extension of time of paymcnt, eithe~ before or after matv~ity, witl+out not~ce to any of us; and to pay all costs of collection, includ~rg a reasonable attwney's fee in the evenl of any defsult hereunde~, and F~ereby severalty waives all benefit of homestead and exemption under the tonstitut'ton and laws oi each State of the United Sutes, as agalnst this obtigation or any extension w renewal hereof. Witness the hand and seal of each pa~ty. S~FYQ~ ~e~t~ - Ai ('fi~'~ ' ~ '~A f 1 n ~ 4'~y~L~_,S(~~ ~ + ~f , s/Eloise Feit ~U ~'C ~~7 - C' CC`~ _ -c~+~~ ( ~25• ~ ~ State Reven~e • ' ~ ~ iS~wwpa ~~ell«i-ow ~ri~iw~l-wwe~ NOW, THEREFORE, the MORTGAGOR fw the purpose of sLcvring p~ymcnt of said sum of s 17 , and thr petfwmance of th~ covenanb and agretments hereinafter eapressed, and fa diven 9ood and vslwbM consider~tia?s, by tFase presenb, does gront, bargain, sell, remise, releass, convey and coniirm unro the NWRTGAGEE, its successors ~nd auiQns, all thal «rtain bt, piec~ or pucel of I~nd, tituate, lying, a~d beinp in ths C~s:+ry of St .~.ilCie ~nd State of Fbrid~, desuibed ~i follows: Lot 9, Block 60, RIVER PARK UNIT 6, accozding to the plat thereof on file in plat s book 12, Page 28, Public Records of St. Lucie County, Rlozida. By agreement of Mortgagor and Mortgagee on file with Mortgagee~ the within mortgage secures not only an existing indebtedness, ; b~ut also ADVANCBS to be HERFAFTER nade by Mortgagee to Mortgagoz, the aggregate of which will equal the principal amount specified in the pzooissory note secured hereby. - I~ STAT~ ='F ~LrJRI[D!~ ~ . ~ ' DOLUMENtA ~:,STl~.M, I ! c? a~~t.~ ~~F i?EVcfiv~E Y; . ~ - ~ ~c `V - - J~~t130'76's~ai?~~;{ z 5. ~7 0 ~ ~j~ ~ us _ P.H - :'a~ REI~NED - " ~ ~ ~ _ I itf ~A+~tc?~; ~ ;~;.._s ~ ~ _ tttG? ~~1 CIJISS'C' ihTAYGfBCE PE4c~~.it FGtTi'~N.?t• ~ . . . . . . . Pl3R`.~AIWT 1Q i:FiAP~ c : e ~ j ac~~~ .K , „ y ~ K:~~_. : :~,.,.~r ; C:ttf{K f,}jj(,U1T h~ ~u! : j ~f r~;;~ ~ £ . . ; ~ ' ~ F ~g togcther with all and singular the tenements, hereditammti a~d apptirtances therevnto belonging w in anywise ~ppertsinirg thsreto, Md ~II nnq, issws, ~ i procecdf and profiri auru~ng and to uvue from said premiset, all of which are included in the above and foreyoinp ckuription and habend~m. ~ s ~ i0 HAVE AND TO HOID the +bove desvibed and 9ranted premises unto the isid MORTGAGEE, its successon and suiyns forevN. Md tl+~ saW ~ their ; MdRiGAGOR for - heirs, sxecutws, administ?stors a~d assigns, hereby covena~ri with the said MORTGAGEE, in wueuors a~d assiss~s, the are = ~ fhat -----Y---- lawfully ui:ed of the said p~emises in fee simpie; th~t the wme ~re free, dear ~nd dixhuped from all liem u~d NKUnr - ~ branccs in law o? in equity, and that they w~~~ ttlell heirs shall warrant and defend ths titl~ tO the tamt to th~ said - MORTGAGEF, its successors and suigns, iwever ag~inst tM Iawful claims ~nd demands oi ~II perso~s; ~ PROVIDEO, AlWAYS that if the MORTGAGOR shall pay unto the MORTGACaEE the promissory note hcreinbefore dewibed ~nd sh+ll huly, promptlr and fulty perform, d~xMrya, e~cecute, compkte, comply with and abide by esch and every the stipulations, +yreenenls, conditiaa and covenanb of said k promissory note and of this Mortgaye, then this Nlortgaye snd the Estste hereby u~ated ihall uase and be nvll and void. IT IS UNDERSTOOD that ~he wo?d "Mor~gsgor" whether i~ the singular or plural anywhere in this Nbrty+ye, shall be singvlar if one only and 2 shall be plur~~ jointly and severally if mae tMn on~, and tMt the wad "their" ss used anywhere in this Mortysye shall be taken so mean "hi~;' "hen," ; or "its," wherever tFro context w implies w sdmits. Alw, that wherever there is a reference in the covenants +nd agreements herein containtd to any of : : the p~rties hereto, the ume shall be construed to mean as well ss the heirs, ley~l rspresentatives, successors and astiyro (eithe? voluntsry by att of tFN x pa.ties or involuntary by operstio~ of the lew) of the s~me +nd thar the covenants herein contsined shall bird and the benefib and adv~ntpa inur~ ~ ~o the respective heiri, l-syal representatives, successon and au'9ns of the psrties hereto. ~ ~ And said Mortgagors, fa tFxmulves and their heirs. legal rcpresentativa, sutce~sws and suig~s, htreby jointly ~nd severally coveMM and apr~e ~ to and with the taid MOltiGAGEE, in successors and auign~: ~ 1. To pay all ~nd sinpvlar tha principal and intrat and the various and sundry sumt of money payable by vi?tue of ssid promiuory note, snd thi~ a`~.. ~ mortysye, each and every, prompHy on the d~ys respectively the same sevtrally becortw due. ~j ~ 2. To pay •11 ~nd ~i~g~lu the taxes, assessmenq. Itvies, liabilities, oblgataro and encwnbr~~cet of erery rwtur~ snd kind now on said dewib~d i ~ Prope?ty. or that hereafte~ may be imposed. wffered, placed, levied, w assessed thereon, or tFut here~fter m~y be Isvied or asseased upon this Mwt~ ~ age, a~he indebtedness secured hereby, e+ch and ~very, wMn dve ~nd payabl~. ~ccadirg to law, before they became delinquent, and b~fot~ any intN~st ~ anaches w•ny penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1ED AND DISCHARGED OF ~ ~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TNE SATISfACTfON PMER OFFICIAILY ENOORSED ~ OR CERTIFIED) SHAII BE PIACED tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the ~vent that ~ny tMtr~of is o01 paid, sat'sficd and discharged sa'd MORTGAGEE m~y at any time pay the same o~ any part thereof without w~iving w affecting any option, lien, equity p ~~qhr under or by virtue of this mortgage and the full amount of each and every iuch payment shall be immediately due and payabk and shall b~ar intNqt ~rom the date thereof until paid at rate of ~ine per centum per annum snd together w~th such interest ~hall be secured by the lien of th:s mo~9fpe. ~ _ . . ~ . . . . -