HomeMy WebLinkAbout0736 3~6335 ~
. ~
THIS INCENTURE, AI1~ tM~G~~.- da of ` a A.O. 19~ b~twNn
Larry G. Tetzlof~ and No Iy A. Tetzloff, his wife
of St_ Lucie , ~p~~ty Fbrida, he~~in+hN d~sipnat~d the "MORTGAGOR;' ~nd FIRST fEDERA~ SAVINGS AND IOAN
ASSOCIATION OF FORi PIERCE. ~ oo.poraiion oryaniz~d and ~xistinp und~. tM law~ ot tM Uniqd S~~t~s of /1+rnrica u~d h~vlnp ft~ pri~cipal plac~ of
bu~~ In tlw Gtp of Fort PiKa. 51. L~ci~ Counry. Flwida, her~irnftN d~~ipnat~d as tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR b ~u~tly ind~bbd b tM MORTGAGEE in tM sum of i~ 2 L~~~ ~ 00 pood a?d lawful ma»y of tM Un~ted
Stata ~dv~nud by tlw MORTGA6EE unto th~ MORiGAGOR, ai evid~nced by ~ ca~a~~ ~xomiuory note of ev~n dat~ lar~with, oi wh~ch th~ followinp in
word~ Md fip~rq k~ trw oopY. Io-witz
:_~2_500_00 "°01~'~34.~63
. Fo?t Pi~rce. Flwida, _~MBo - 19_~_
for valw recaved. I, we, w•~ther of us, promise to pray, withou~ de(+Ic~t+on• ro 1M order of fiRST FE~ERAI SAVINGS AND IOAN ASSOCIATION
Of fORT PIERCE at Fon Pietce, florida, tM wm of f3? ~.300 .00 with iotsreft from date a~ 1M raro of 6~7
~i % per ~~~um. i~
monthly initallments ~s followi: s a~B~00 _ on the lOrh d~y of SBntAmbBL' . 19~.~ and a lik~ swn on
rhe correspondinq day of each ma?th thereafta until tM whok be fully paid.
Eath installment fint sh~ll be ~pplied in payment of the inter~~t a~d the~ on tM unp~id b~lanc~ of fh~ princip~l swn. If default is made
~n th~ payme++t of any inst~lfinent when due. and such d~ieuh continwf 30 days, th~n ~t ths optan of ths hold~r. and without any other ~otic~.
all the remainin~ installments ~hall be dw ar+d p~y~ble at once. Privile9e is piven to prep+Y this note in whole a in psrt at any fime without
penalry. N~ithe~ forbearanu. nw xcept~nce by the holda tMrwf ~fM any d~f~uh in anY p~Yment herew~, shall be deemed extension. A late
paYment char~s of =~.,~'~T- shall bs ssseued the 26th d~y o# the month, if a reyulsr buiiness d~y. or. if r+u a regular butiness day.
then the next busineu day, on ~ach monthly' inatallment nof th~~ r~uiv~d.
fach make~. swety u~d ~+dwser h~?e~f, jointly and sever~lly, waives demand, presentment protett and notioe of protest fw rwnp+yme~+~. a~d
furthN apre~s to any extension of tims of p+ymen~, either befors w~fter m+~u~~ry. without notice to sny of ~s; ~nd to pay all cwts of colkc~eon,
includinp s rea~sbls ~ttorney'! is~ in the event of any default hereunder, snd hereby sevtrally waivq aIl benetit of hornttte~d ~nd exemplion-unde~
~he conatitution snd I~ws of tach Sut~ of t1a Unit~d States, as ay~inst this obl~g+tion w any exte~ion o~ re+rowal Mreof.
~ s11,arr~ G. Tetzloff ($EAl)
' (SEAI)
State ntuy itsmps in the amou~? TA t.Z 1 O~f
of s~~75 ~.e s o v k. cs~?~~
affixed fo th~ mortp+y~ t~cund Mreby. (SEAI)
NOW, THEREFORE, tM MORTGAGOR fa tM purpose of acvrtnp p~ym~nt of s~id sum of f..3Z~..~Qn - ~ P~~^+^~ ~ tM
cov~nants ~nd p~~em~nb ~+x~inafter expressed. +nd fo~ divers ~ood ~nd v~lwbl~ tonside~~tioro~n, by tM~ prasa+ri, does qr~nt, barpain, sel1, remise,
rele~se, conwy W?d confirm unto tM MORTGAGEE, its wcceisai and assiyns, ~11 tMt cen~in 1oi. pku or puu~ of I~nd, sitwte, lyinp, ~nd b~inp in tlw
~ S t. Luc i e ~ and _St~t~ of Fbrida, d~scrib~d u fdlowu
s
Lot 3, Block 89, INDIAN RIVER ESTATES, UNIT 9, according to the
plat thereof on file in Plet Book 10, Page 74, Public Records
of St. Lucie County, Flori da .
By agreement of Mortgagor and Mortgagee on file With ~ ~
Mortgagee, the Within mortgage secures not only an
eaisting indebtedness, but also ADVANCES to be HERE-
AFTER made by Mortgagee to Mortgagor, the aggregate
of which ~ill equal the principal amount apecified
~ in the promissory note secured hereb~.
~ )
!
~
~ ` c` r TE flF F i._ J F~ ~~J ~2
~ ~ Z " ~
UMEt~iTARY.~`= ST1~ M P I:, ~ ~ ~ IN PAYMENT Of TAXE~
c~ ~ UEPT. ~JF kfY~Nl'f '=t~ ~ RECEIYED ~~,y~~glE ~
~ _ _ , f ~ ` pASS 'C IN PE:2SOMAL PROPERn
.:L; ~ ~Y='tts'77 , f' " q ~ ~ , ~T TO CF'A~' _ 71-t33. IYCiS OF 1911.
M ~ _ P8. ~,+;'.,,~f i ~ RpI;ER pORRAS
d - ~ur:z
~ ~ =
. . ~
i
t
;
i
togetMr with all and sinpulsr tF~t t~nanents, hereditam~nts snd ~pp~rrtances th~rwnto belongirq or in ~nywi~ app~rtaininp tMrNo, u~d dl rMtt, issu~s, :
pr«eeds snd prufia xvuirg and to uuw from said premises. ~II of whid~ we w+clud~d in th~ abow ~nd fwpoirg dncrlptan and hab~e+dum.
TO HAVE AND TO HOID tM ~bow dexribed ~nd ~r~~ted premaes unfo th~ aaid N10RTGAGEE, ib wcuuws and sssiyro fonvK. Md tM s+ld ~
I,~ORTGAGOR fw the ir hein, ~xecutors, administratas and aui9ns. hereby aovsnants with tFw saW MORTGAGEE, iis woas~on ~nd ~ssipn.
prem~ses in fee s e; that the s+me ~re frM, cl~ar ~nd d'acMr from all li~rn ~nd encvm-
t~,~ th wi 11 y..~~d ~ r~ .,;a ~ ~
brances in law w in equity, and ttu+ thgy will and thA Z' hein shall warr~nt and defsnd tiN titb to th~ sam~ ro th~ said
M,ORiGAGEE, its wccessors ~nd ~uigr~s, forever ayairot tl+e lawful claims md d~rrwnds of all perwro; 3
~ PROVIDED, ALWAYS that if the MORTGAGOR :hall pay unto tM MORT6AGEE th~ promiswry no+e Mre'u~b~for~ d~wib~d and sMll trvly, promptly ~
e~d fully perform, dischar~, sxewt~, compltts, complY with and ~bid~ by esch and every th~ stipulations. ~q?e~rmnb, conditions ~nd aovsnann of said ~
~ From~ssory ran and of this Mar9+~e, tMr+ this lYbrtqap~ sed tt+e Esqte baeby aated ahall cea~ ~r?d b~ rwll ~nd void. oao ~
IT IS UNDERSTOOD that tM wwd "Matyspw" whether in tM sirgular or plvral ~nywhen in this Allaty~, shall b~ impula? if on~ only and Y
shall b~ plwd jointly ~nd s~v~rdly if mwe tMn on~, and that the word "their' as ~»ed anywher~ in thia Mat~a~ shdl b~ takM to m~an "his,° "Mn:' z
or "its;' wherevsr th~ tontext w implies or admits. Alw, that wh~reve~ thcr~ is • r~fere~c~ i~ tht coverants and ayreemenb hertin oontairnd to uiy of ~ ~
rhe psNks twreto, tM sarn~ ~hall be construed to rn~an ss well ~s th~ hein, Ipal represeetativa, fua~ssws ~nd aasgro (~itha vduntary by ad of th~ ;
pertie~ or inroluntary by op~r+tion of the law) of dw sam~ ud ttut the covenants her~in contained shall bind and the ben~fita and dv~nta~s i~wrr~ ~
ro rhe resp~etiw F?~irs, byal r~p?s~ent~tives, successws and ~ss?yra of the psrties her~to. ~ ~
Md said Mortypws, fa tiwerwlves and thw Mln, I~p+f npr~stmatives, woctuws ~nd ~ssi9ru. Mr~bY I~h? and sever~lly caven~M ~nd apr~ #
ro a~d with tM ~aid JMOI[iGAf'sEE, its s~xtessas ~nd ~ssipro: '
i
1. To p~y dl and sin~IN th~ princip~l and inte~at ~nd the variow snd ~undry wms of mo~xy paY~bb by virtw of ssid promissory not~, and this ~ -
mert~a~, ~ath q~d wKy, promptly on tFw days r~~p~ttivtly the same stvtrally bstom~ dw. C~' ;
_ 2. To p~y ~11 and wgvlar th~ ta:is, aksunenn. Iwies. IiabiliY~es, obliyati«n and a+axnbsnces of every natw~ ~nd kind now on s+id d~scribd ~w i
P~op~nY, w tM1 I+K~af»r rn+y imposNl, suffa~d. P~+ced• levied, or ~was~d ttKr~on. a that Mr~ahe~ may b~ Iwi~d or a~saud upon N+is Morq- V~
a~e, or tM ird~b~~dnaa s~aw~d hareby, tach and twry, wlwn dw a~?d payable. ~awdinp to bw. 1»fon Nry b~coen~ dtlinquem, and b~for~ ~r intw~st
atteches w~ny p~nalty is int~rred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE S/1ME SNAII SE PROMPTIY SATISfIEp AND DISCHARGED OF i
RECOR~ AND THE ORIGINAL OffICIAI OOCUNIENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR TME SATISFACTIOH VMER OffICIAIIY ENDORSEO
OR CERTIFIED) SHALL 6E PLACED IN 7HE HAN~S OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj and in the ~wM th~t amr tMrwf k~wt
pa~d, sat:~fi~d and disciurped sa~d MORTGAGEE may a~ any t~ pay tM s+m~ or My part thereof withart w+ivirp w~ffectinp a~r optan, lia~, p~ity a
•~qhs u~dM o? by virtw of tl~it mortyay~ and tM full amount of ead+ snd ~very such p+yment shall be immediatsly dve and pay~bb ~~d shall bta? fnprest
~.om tFw dat~ tberwi until p~id ~t r~te of nirw p~r «ntum per annum ~nd topeth~r with svch interest shall be stcur~d by th~ lien of th:s morpt~. "
_ _ _ ; z..--~_~