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HomeMy WebLinkAbout0236 • . ` ~ . ~1~.'7 L+/G,~~ : THtS INDENiURE, irtide the?lst day oi ~y A.D. 1975 ~ between ~ Joseph .I. Lach ~qd:~ry Anri;'4ach~ his wife ~ _ of ._~~r a 1-41C~ Cou~ty Flo~ida, hareinafttt Jesiynated as the "MORTGAGOR," tnd fIRST FEDERAC SAVINGS AND IOAN AS50CIATiON QF FORT PIER~E, e corpotation orpanized and exit?ing under the la~vs ef ihe United Statq~ of Americe end hevtr+;~ it• principel place of b~tiness in ~he City of forl P~erce, S~. luua G'ovaty, Florida, hsr~inal~er des~gr.atod a~ she "MURTGAGEE.' J11i~EREAS Ihe MORTGAGOR ii ju~11y Inde6ted to the MORTGAGEE in tl~a sum of 5~4 ~Qoo_Q-Q--. 9ood and ttw(ul money pf tfis Unifed " States advanced by th~ M4RTGAGEE unla tho MnRTGAGOR, as evidenced by a ceriain prom~ssery note of even date here~vith, of wh~th the fo{iowinp irt words and figvres is a tr~e ccpy, ta~wit: i ~(~.Q" QO . . No_1.af121 ~fid fort Pierce, Flo~ida, ~'~y 21 ~ 19~5 . For value received, 1, we ar eiiher of us, promiae te pay, without eia(alcation, ta tha ordar :,f FIRST fEDEftAI SAVIRGS AND tOAN ASSOCIATION O~ ~ FORT PIERCE af Fo:t Pierce, Floridr, ?fie sum ~f S~4-! w;th iitilerest (rom jate at Ihe rate of 9s 0% per annvm, in moMhly ins?all- ments ae toltows: S_ 216 . QO o~ the 20th day of July 19 75 and a fike sum o~ ihe corresponding day af each month there- aiter untii the wfiote be fully paicl. ' _ . Eath i~st~:lmer.t tirst sfiall Et apptird 'srt p~yme~t of the interest and thcn cn the unpaid balance of ~fie pri~upal sum. If defeulf is made ie the paymenl of ar.y installmeM when d4e, and svch defauU cont:nues 30 days, then at the aplio~. of the ho~d~r, and without any other notite, all the remaining insl~ll~nents shall be due and paya~!c at once. Privilege ii givrn ta prepay this note in whola or in parT at eny time withouf penalty. Nzither forebearanta, n~r acceptance by Iha holdt? !hsteof afte~ any deiault in eny paymenls hereon, shall be deemed extens~on. A late p-,ynient char3a ~f s~Q.$Q shall be . " added to each in~lallment remaining unpaid 7 days aite~ its due dafe, arxt a Gie sum sfiall be added to e~ch auch installment romainir.g unpaid 7 d'ays after each succeeding payme~t date. _ Each maker, su~ety and ertdaser hereof, jointly and severally, wa~ves demand, presentment protest and ~ofice of prc,'xst fot nonpayment, and furtF?er agrees to any extttns~on of lin,e of payment, either before or afte? matur+ry, without nolice lo any oF w; and to pay ail costs of collection, includin8 a reaionable attorney's fee in the avent o~ any de(auit hereunde~, and hereby sevcrally waives all 6enefit oF homesteaa and exemFtion ur,der the constitWion and la~vs of each State ~f th~ UnRed Stetes, as againsf this obligation ot rny extension or renewal hereof. _ Witness the hand and seai of ea~h party. _ . , , : SI Jose h~ J. *Ch (SEAL) - ~ ' (SEAL) . ~ • (SEAI) $36 . QO ~ ~ - t$~~ ( ) State Revenus . NOW, THEREFORE, the JkORTGAGOR for ~he purpose of secv~ing payment of said som of ; 24 ~ 000. a0 , and the periNmance oi the tovrnants an.-1 agreements hereinafter expressed, ar~! for d~ven good and vslusble consEderations. -by lhese presrnts, does flranl, bargain, sall, remise, - ' release, convaY and confirm un;o the MO~TIiaGEE, its successors and assigns, al; that certain lot, piece or parcrl of land, •ituate, lying, and being in the County of St• ~'~1e end Statc of Florida dc~cribrd es fallows: . _ ~ - _ o~~/~ =~oi-_ %:.-x?,s' - _ ~ I.ots 4 and 5, Block 19, PI~WOOfl~ SU[i~IV?SIC~n~; ~s per plat thereQ~ on , file in Plat .Book 5,~ page 2~ of the pubTic ~=:cnrds c+f St. Lucie County~ Florida. _ ~ ~ ~ - . ' f faR~pA~t _ . i - , ~-~jY ~ ~5~ PM ; ~ - ~ - ~ , ~ ~ _ ~t~~~~!€ ~ s~ ~ ~ ~ 6; ~ ~ _ - ~ _ - - i. ~C~1 i~EN . . , _ . - . . _ a° ~Fi f RF' 3v 5~~* ,~.r~` - . . ~ r~ y _ r".: V ° ~ ~~j ~ ~`_:y'y . ' ~ - . - ~ - . ~ - ~ . ' ; i . - . ~ P.~• - - ~ c+~ ~ :t~==2 - ' _ - • - ` - ~ ° in ~+E~r oF T~~ _ = - - ~ FtECEtV'ED ~ p~pE~[Y~ . - - (~1E ON Clr o~i E~ ~~34. AC7~S~OF 197 L~' j~`~ - . - - PURSiJAA1T Rp~,EK POITP,AS - O - CLERK CIRWtt Wt1P.T, Sf. lUCIE CU. fLf+: , - r - - ~ together with all and siny~tar she tenements, hereditaments and appurtantes thete~nta betonging or in anywise appe~ainir?g ti~eteto, and all renls, iss•dss, • t • prac±eds and profits accruing and ta accrue- ftoni said premises, all of which are included in the sbove and foregoinp desuiption a~d hsbendvm. ~ TO HAVf AND TO HOLD the above described and granted premisea unto the said MORTGAGEf, its svuessors and ~ssiynt fo~n~ter. Md !fi~ Nid MORTGAGOR for ~t------ heirs, executors, administretws and assigns, hereby covenants with the s~td MORTGAGEE, its suttessors artd assi~m, that *hp~ aT lawfully seized of the said premises in fee simple; thst the same sre free, ctear and d'ac.harged from ~II litns ~nd antum- _ brances irt taw or in equity, and that they ;,,;q a~ thelY hetr: shail.w~rrsnt snd defend the title to the ssme to the saW M08TGPGEE, its svtcessors anrl assigns, forever a~ainst the iawful cla~ms and ~emands of all personsj_- PROVIDED, AlWAYS that if th= MORTGAGOR shali pay unto !he'MORTGAGEE the promisccxy ~ots hereinbsfere described and shati truly, prompTty ~ and fully perform, d~scharge, execute, :omp(ete, comply with and abide hy each and even tihe stip~lation~, agreements, con~~it'sons tsK! covers3nts of tsid " promissory no:e and ef this Mortgage, ihen this Mortgage and tha Eslate hereby ueated ~hall Ssase aitd be null and void. " - IT IS UNDERS?OOp that the word `7Aortgagor" whether i~ the singular or plural anywhrro in tfiis klortgsge, sfi~tl ba sinyular if ona_or~ty uxi ~ shalt be plural join:ly and xverally if rr.o~a than one, and that the word "their" as vsed snywhere in this Mortgsge inall be faEen to mesn "hb; "'hen," ~ t cr "its," wherever the contex? so i,~lies w admits. Alw, that wherever thers is a referenca in the covenants and agreemenlt herein torttained !o any of ~ _ the parties F+erefo, the same shal~ be construed to mesn as well as th~ heirs, legal reptesentstrves, s~ccesson arx~ sssi9ns (eFther volurttary by att of ihe ~ partia ot invoiuntary by operarion of the law) of she same aod that the tovenar.ta herein contained shall bind snd rhe 6enefin snd sdvnta~ee irwr• to the respective heirs, legal repre~entatives, s~ccessors and eu~gns of tha psnies heteto.- ~ And said ll+~tgagors, for the~nxlves and their F?eir~, legaf represxntativea, svccessors and asiigns, hereby joiRtly and sewrally covenant ~~d agree ~ to and with the said MORTGAGEE, ib succetsors a~d ass;gm: ~ 1, To pwy sll and singular the p:intipal and interest ~nd tFro vario~s .ed svndry sums oi money psyab!6 by virtue of s~id promistory nots, and this ; mortgage, each and every, promptly esn the days respect:vely tise ssme sevently become d~e. - ~ ' ~ 2. To psy all ~nd singvlar rhe taxes; assessments, Icvies, liabilitie~, obTigations snd encumlxsnta of every na!ure and kind naw on said dsx~~sd _ ~praprNy, or tfiat hereafter may be ERiposed, wffered, placed, levied, ot sssessed thereon; os thst here~fter may M levied a aaxssed upon this M~ott~ _ sge. or the indeb?e:neis iecvrcd hereby, each and every, when dve and payab~e, ~ccw~r?q lo (aw, bsfore ttxy become delii?qutnt, snd btiore srty interat . attaches or any F.enalty is ixvrred; AND INSafAR AS ANY THEREOf IS Of kKORD 7HE SANIF SHAII BE _ PROMPTIV SATISFIED AND DISCIiARGfD ~f RECORD AND THE OP.IGihAI OFFlCIAI D4CUMENT (SUtH AS, FOR It~.iTANCE, THE TAX RE~EIPT OR THE SATISfAC110N pAPER OFfICtALtY EMDORSED OR CERIIFIED) SFiAII BE PIACE~ IN THE HANDS OP SAID MORTGAGEE W11HM T~N DAYS NEXT /IFTER PAYMENT; a~d in the eveM tF~af any thrreof is not _ paid, sat'ificd and d:~rhar~ed sa'c~ MORTGAGEE may a; any time psy the, iame w_ any part thcreof withcvl waiving or affectiny any optw~, lien, equiry or ?phi under or by virtue of Ihis martgage and the f~!I amount of each and eve?y s~th paymen! shsl! be immrdiately due a~d payabk ~nd :halt ixar in!erest kom the date thereof vntil paid at rate of n~ne ger centum per a~nu:n and togdhrr wnn svch in:erest shall be sccvrcd by ths lien of this rr~ptye. ~ J