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Home My WebLink About0042 . A THIS INDENiURE, M+d~ thw 22St _ d~y ,f~ March A.D. 19g between $~~~r L. Scholtz and -~f-ma . c o z, ^ • of cJt. Lucie Co~nty iforida, Mreinaiter d~signated as Ihe "MORiGAGOR," and fIRST FEOERAt SAVINGS ANp LOAN ASSOCUTION OF FORT PIERCE, ~ cwpwat~on wya~i:ed and ea~s~~nq unde~ ~he Isws of ths Un~ted Sta~oi of Amaic~ ~nd h~vinp ib principal ptaq o~ Fw~in~si ~ 1M ~ity of Fwt Pisrcs, St. luci~ County, fiorid~, hertinafta dsiignated ~s tM "MORiGAGEE:' WHEREAS iM MORTGAGOR is ivslly intkb~ed ro the N?ORiGAGfE in the sum ot 54,~ ~ good and I~wful mo~eY oi the Un;ted Ststes adwnced by 1M MORTGAGEE unto the MORIGAGOR, ei av~dencrd by a certam prom~ssoty note of even date htrewith, of wh;ch tM folbwinp in word~ u~d fyurp i~ a trw copy, towit: S 54,000.00 _ _ . ~02-23027210 Fo.t P~erce. F(or~da. -~dts11_~~ . 19 78 fw value received, 1, we, or e~ther of us, prom~se ~o pay, without defalcar~on, ro the ader of FIRST FfDEAAl SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE a~ Fw~ Plerce, F(a~da, the sum oF S. ~4 ~ ~~s w~+h inte~est from date ~he rate o1 _ 8_t75 5; pe~ annwn. ir+ momhly instaNmrnts as to~tows: S _ 4~7!90---__- cx, the lOth day of - July__. _ 19 78 and a Gke wm on rhe corrapondirg dey of each mo~th Ihrreafte~ until the whole be fully pa~d. ' EacA inatslimem first shall be applied in pa~nunt o1 the interrsl and tban on the unpaid balance ol the pr~~upal wm, If def~ul~ is made ~n the pa~mem of any instaLmcnt when d~e, and s~ch defa~lt conrin~es 30 dayt, then at ?he opnon o! the holder, and wrthout any otAer ~otice. a11 Ihe remaining int~al~me~~s shell be d~e snd payabl~ a~ onca Privilege ii givtn to prepay this ~cte in w!roie o~ io pa.t at any ~~rrK w~rlwu~ penaUy. Ne~tha io~bea?anu, nor ecceprance by ~he holder thmeof after ~ny dsfauit in any pay~,rnr hereon, shall be dscmcd eatMSwn_ A late payment cfierge of S__?1_:-39 . shall tx asnrssed the 26th d~y of the month, il a~egvlar bus~ness dey, a, ii rw~ r reg~laa business day, ihe~~ fhe next b~,s~ness day, o~ each monthly in~tallment nof th~n raceived. `Each msker, surety and endorur hereof, jo~ntty and aeverally, waives d~mand, presemrnen~ protest and r:otice cf protest fa nonpayment, aod further ~grees ~o any ezte~sion of time of payment, enher beforo or after matunty, witFwut not;ce ~o any o1 us; ard ro pay all cosn o! cdleuion, ~nduding • reafonabls attorney's !ee ;n ~he event of any deFault hereunder, a~d hereby seve~ally waives a!I benefA of homestesd and e:e+~+ptwn uode~ ~M conslitution ar,d laws of eath State of ~he Uni+ed Sra~es, as again~t this obl~garion w any ea~ension w rencwal hereof. - ? S/_ Sdgar L. Scholtz {~AL~ Stare docu ary amps in the amo~nt t~L1 • of s ~~•O~ _ s.~ S/ ~lilma P. Scholtz affixed ro the mortpay~ stcu~ed her~by NOvV, THEREfORE, the MORTGAGOR fw the purpose of sccurlny p~yment of ssid sum of S 54 t~~ , and the perforn++nce of the covenanti and agreements herrinafter expressed, and tor divers good and valuable conside~etions, by these pre:~::ss, does g»nt, barps;n, sc1l, ~em;se, releese, convay and confirm unto the MORTGAGEE, its suc:e:aors and saaigns, alt tFwt certain Iot, piece w y~rcel of Iand, sitvate, lying, u.d bcirg in the ~o„~~y o{ $'t . I.t1C1@ snd S~ate at Fb.ida, desuit,ea! es fotbwi: . Lot 1, Block 13, SURRSIDB, UNIT #`2, according ta the plat thereof on file in P~atBook 21, on page 8, public records of St. Lucie County, Rlorida. Qy agreeaent of Mortgagor and Mortgagee on file with the Mortgagee, the ~rithin mortgage secures not only an existing indeb~edness, but also ADVArICBS to be NEREAFTBR made by Mortgagee to Mortgagor, the aggregate of which will , equal the principal amount specified in the promissory note se~:ured hereby. / Recswea e _ ~n P.r+++wn•a T.~a. 1 oue On Cless "C" Inta~~bl~qwso~+~Iprap~N ~ ou?svant To Chapb~ 71.134„ Aot~ Q/ 1 71. • RO~iER r0171tA8 . . ~ ~ - - _ - - ~ t~ . ~ ~ _ . . ~ r~s?~ C,.cuit Cwwt, $t, Luei~, Qa..11~. _ . _ _ ~ _ . ~ : ~r;_ M. , _ : : ~ti - ~ ~ - _ :.`{-.:>.r-~~ 8 0 << c K _ ..3 - ~ ` ~ . ~ ~ _ ~ ; - ^ - - - - • ' ~~ether with ali ~nd singuiar the tenemeNS, herediraments and eppurtances therevnfo belo~ging or in anywise ippenainirg thereb, and ~11 rems, iastKt„ o~oceeds and profi~s accruing and ~o acuue from seid prem~ses, ali of which sre included in the ~bove ~nd foregoin9 desuiptiw~ and habendu~+. TO HAVE AND TO HOIp the above desuibed and grsnted premises un~o the said MORTGAOEE, its successws u~d assigns forever. Md Nr s~id . ~RiGAGOR for ~~rs. executors, ~dministrators and assigns, hereby tovenanb with the said MORTGAGEE, it~ wotessors and assiyrr„ ,r,~ _ th~ are ~awfull seized of the sa;d y premises in fee simple; that the s~me are free, clear ~nd diuharged (ram a!1 tiens aod ency~ b•ences in law w in eqvity. snd that they will and their heirs shait wsr~ant aod defend the tale w the wrr W the ssid !:.~RTGAGEE, iri succeuon snd assigns, forever against the lawful claims and dema~ds of •11 persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereir?befae destribed ~rd sh~ll trufy, pro~nptly a~~d 4ully perfwm, d~uharqe, execute, complete, comply with and abide by each and every the stipufations, agreemenq, c~tioro snd cove~ny o{ s~id ~ c.~;~ssory not~ and oi tbis AAortgage, then this Mwtgage snd the ~sta~e hereby ueated shall ceaae and be nufl •nd wid. IT IS UNOERSTOOD tMt the wwd "Mwtgayor" whether in the i~ngular or plural a~ywhere in thit Mwtpaye, shall 6e sirgular ii one only snd ;h~11 be plural jointly ~nd aeverally if more than one, and thaf the wwd "fheir" •s used snywhere in this Matgaqe shsll be tsicen to mean '"his," "hers," ~'G` er "its," whereve~ the tontext ao ;mplie~ a admits. Also, thst wherever tbe?e is a reference in the covenants and ~grecmems herein com~tned ~p any o( a~~, ~p ?~e pe~ties hereto, the s~me ihall be co~strued to me~n af wel! as rhe he;ri, legal representstives, iucusson and sssigro (either voluntary by acr of tFy orrt~es or involuMary by oper~tion of tbe law) of the same and that Ihe covenants herein contained shall bi~d and ths Fienefit~ and advantape~ inwt !o rhe respectivt heirs, tey~l representatives, succeswrs and ass'gns of tfie parties he?eto. r } Md iaid Mwtgagors, for themselves and their heirs, leg~l represent~tives, successors ~nd suigns, hercby jointly and severaNy coven~nt ~nd ~pret c and with tFw said MORTGAGEE, ita succeswrs and asiigna: - ~ T. To pay •II and sin~vlu the princ;pai and interest and the various ~nd sundry surt?s of money pay~ble by virtue of is;d prom7atoay note, ~nd Mis r Tortgage, esch and evtry, pomptly on the daya respecrively the same severally become duc. 2. To p~y all ~nd ~irgulu the taxes, as~esunenn, levies, liabilities, obligations and eruumbnnces of every n~twe and kind now on said deso~d rroperty, a that F?treaha may b~ ;mposed, suffered. Plsced, levied, or assessed thereon, w tha~ hereaRer may bs kv;ed a auess~d upa~ ths A6pr1~. age, w tht indebtedneu secured hereby, each and every, when due snd psyable, accordirg to law, befwe they become delinq.~en*, ~nd befon any Nae~ep ~ a~~acnes w any penalty is incurred; AND INSOFAR AS ANY THEREOF I$ Of RKORD THE 5/?ME SHAII BE PROMPTIY SATISf1ED A:+lD ~ISCNARGEp OF k_CORD AMO iHE ORIGttVAI OffltlAl DJCtiMfNT {SUCH AS, FOR IMSTANCE, IHE TAX RFCEIPT OR THE SATISFACTION PAPER OFFICU1tlY ENDORSED UR CERTIFIED) SFIAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; and in the evcnt thaf any tfiereof is no~ c:a d, saYSfied.and discher9ed sa'd MORTGAGEE may st any time pay the sart+e w ~ny part thereof withwt waivirq o~ •ifectinq aey option, IiM. equity or •~~ht under or by virtue o1 this mortgage and the f~ll amount of each a~d every s~h payment shsll be immed~ately due snd p~yabk a~d st~all bear interqt ~roT the dale therepf until paid at rate of n~ne Fer centum per ennum and toyether w~th suth imeres~ ihall be uc~red by the lien of th:s morptpe_ ~.^'xi . . _ . . - - ~vad=~ a,, z_ ~r~~e- . _ ~ . - ~ ia _ _ ' . . _.s ._x.. ~?s'_~.