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~3U988~ . 1
THIS INDENTURE, Made the ~9t'h ~ day of May A.D. 19 75-- ~:`~yaan ~
William C. Cox and Florence R. Cax= his wife, and _
Jne L. Krchnak and Sylyia N. Krchnaki his wife,
o( 5't. Lucie ~ Covnty Florida, heretnafler designnted as tha "MORTGAGOR;' and FIRST FEDERAL SA~INGS AND IOAN
ASSOCIATION OF FORT PIERCE, s co~pcration organiied and exi~ting under the law~ of the Untted St~ta~ of AM4rics and having iti p~incipai piace of
butineu tn the City of Fort Pie~ca, St. lucte County, Flo~ida, heteinatte~ de~ignated a~ the " ORTGAGEE:' •
WHEREAS the MO~TGAGOR i~ iutiHy in~~4t~~ t~ .`a M7RTGAGEE in the sum ot = 5~~ tj~• ~ , good and lawtul money of the United
Statei advsnced by the h10RTGAGEE unto the MORTGA^vG2, as evidenced b~ a ctrtsin ptomisiory nole of even date herewith, of whit'~ tha tollowing in
worJt and figures is a tr~e coay, 1awi1:
~ 56 00 0o No 10021371 _
fori Pierce, Fiorida, May 29~ 1975
Fo~ v~l~e received, I, we or either oE ~s, promise tt-o pay, withoul def~lcation, to the order of fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE al fort Pietce, Flo~ida, the t~m of s~6i400• ~ w;th infere3l from date at the rote of s~ o per ennum, in monthly install-
ments a• (oilowt: Z~~•~ on the ?~t~L day of 19-1~- and a like sum on the correspond~ng day oF each e~on~h there-
a(ter un~il the whole be fuliy paid.
Eoth install~~ent fint atrall be appiied in paymeM of the tnterest and then on the unpaid balancc oi the prindpal wm. If driault is made in the ~
- payme~~ any inYtallmero when d~~e, and such deia~lt conN~ues 30 days, then at the optiun of the holder, and without any other notice, all the remei~i~g
inual!ment• shall ba dua ar.d payab!e at onte. Privilege is givc~ to prrp~y thi• note in whole ot in part et any tima withoul penalty. Ne.ither forebeatence,
• nor acceptance by the holder thereof after any default in any paymen!• hereon, shall be deened extension. A late paymt~t chargs ef shall be
~dded to each tnstallment rtmaining u~paid 7 days after its dua dete, and s like svm shalt be added to ench euch installment recnaining unpaid 7 dayi aNer
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ebch sutcceding payment data. ' ,
Each makec, svrety and endocser hereof, joinNy and severally, waivas demand, presentmenl protes~ a~d notice of protest fo~ .~onpayment, end furthar i~
agrees to any extension of time of ?ayment, either before or after maturity, withqut notice ro any of vs; and to pay alf costs of collection,- includirtg a '
.easonabte attorney's fee in the event of any dafauli hereunder, and hereby severally waives a~l benefit oi homestcad and exe~nption undet the constitution ~
and lawi of each State of the United States, as againsl this abligaticn ot a~y extensian or renewa! herrof. -
Witness tha hand and seal of each party. ~
_ S/ William C. Cox (SEAI)
. S/ -Flarence R. COX ~ - (SEAI) ~
. S Joe L. Krchnak (SEAI) "
. c $8l~.60 . S .~lvia N. Krchnak - ~sea~~ -
) 5tate Revenue
lHrw~. wwwYsr.ar~.~rt~lwal.rw}~ _ - ~
NOW, THEREFORE, the MORTGAGOR for the purpose of securing paymen' of ~aid sum of s~~~.~{~-~ . and the performence of the
covenants and agreements hereinaFter expressed, and for divers good and vsluable considerationi, by fhese presents, dces grant, bargain, sell, remTse,
release, convey and confi~m unto the MORTGAGEE, it: a~ccessors and assig~s, all that cena~n lot, piece w parcel of land; ~ituate~ (ying, and b~ing in the
County of Sti, _~11C~8 " , and State of Florida, dewibed follows: .
~ Condaminium Parcel No. 331~ of CAPSTAN I, according to tho Daclaration~of Condo-
. minium thereof,.recordad in ~fficial Rscord Book 232, at pages b19-711 of the . ~
Public Records of St. Lucie County, Florida. ~5-~ 7-~p f..~~~,EQ -OE,D/b _ i~
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SUBJECT to terms and conditions of said~Declaration of Condominiwn, the Articles
of Inc~rporat.ion, By-LaWS, and Declaration of Covenants and Restrictions of -
Ocean Village Froperty O~mers ~ Associatian, Inc.~, rrith s~hic~ ~Cerms and conditions
the mortgagor co~?~enants to comply and perform. ~
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~z p~PT. t~F REYE~iUE r~' - _
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= Q8 ~ ;i=~'-,'-~'~ ± ~ RECEIYED ~ l~L~ ~a IN PAYMEN7 OF IAXE~ _ ~
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Q~-- DUE ON Ci.1SS'C' INTANSIBLE PERSOtdAI. PRt~PERIY.
- - _ ~ , . . . . : . . . - PURSUAN~ 70 CWIPTER 71-13b. ACTS Of 1971. ~ j~
. - ~ . - , . , . fi96fR POf~RI~S ~
. q..ERK CIkCU1T OOURT~ ST. 1l1CIE C0, flAy ~ i
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~ together wit}i all a~d ':ingular the tenementt, hereditaments and app~rtances thereunto belonging or in at+ywise appertaining thereto, and all rents, issves, ~
prxeeds and profits acvuing and to accrue fron said premises, al! of which are ir!cluded in the above and fotegoing desviption and haEendum.
TO HAVE AND YO HOID the above destribed and gronted premises unto 'the said MaRTGAGEE, its ~vccdson snd assi9ns forever. And tfie said
k50RTGAGOQ for --~b~~--- he~rs, executws, administrators and as!igns, hereby covenants with.the s~6d MOP•TGAGfE, iri successors snd auiq~s,
that #'heV aP@ fawfully seized of the said premius in fee •imple; that the same ara free, clear and dit~charqe~ from al( lisns ~nd entvm- o~
o ao
brances in law ot in e~qvity, and that t'h8~ will and t~@i-r heirs shall warrant and defend the title to the same ta the s~id ~
MC~RTGAGEE, its succe~so~s and aisigns, forever aga?~si rhe lawful clairis and dernands of all perwns; . - w =
PROVIDED, ALWAYS that if the MORTGRGOR shall pa~y unto the MORTGAGEE the promissory note herei~before deuribed and shall truiy, promptly ~ _
a~d fully perform, discharge, execvre, compiete, comply with and abide by each and evey the stipulations, agreerrxnts, conoitioru and covenants nf saidQ -
promissory note and of this Mortgage, then thii lNortgage and the Estatc hereby ucatcd shaU cease and be null and void. . - _
- iT IS UNDERSTO(~D thst the word "Mortgagor" wheiher in the sirx~ular or plvral anywfieee in ihis Mort~4, sb~ll b~,sippyl~.~f o(~w only and~
_ shall be plurol (ointly snd srverally if more than one, and that rhe word "t heic" as used s~ywhere in this Mortg~g~ shalf' be tat~cn to rr5san.'??ii,"_ "hen,"~~
cr "its;' wherever the ccntext so Tmplies or admits. Alw, that wherever there is a refarentt in the covensnts and sgreemsnri herein tontaeried to any ofi'-•-
the p~riies hereto, tFro tarne shall be consTrued to mean s~ well as the heiri, le9al repreuntatives, succesms and suigns (eitFur -veluniary by-act of tM~+~
partiea or involuntary by operotion qf fhe law) of the same and fhat -the covensntt Fxrein contained shall bind ~nd ihe bene#;n and sdvants9a itwr~
to the retp:ctive heirs, tegal representative:, succeuors and sss~gns of the-part'~a hereto. -
- And :aid Mwtgagars, for themselves and their txirs~ legal represe~'.atives, svccessors and sssiyns, hereby jointly ar~ sever~lly tovlnanT and ayree
to-and with the said.MORTGP.GEE, its i~ccessors and assigm: - . ~
" 1. To pay al! snd :ingular the printipal a?rd interest and the variovs and sundry "sums of money payabk by virtue o4 said promistory note, and this
mort9sge• each _ snd every, promptly os~ the dsys respactively the ssme severally betome due. - -
2. To pay all snd singular the taxes, assessmenh, levies; IiabiliY~ss, ot~ligstionsJ~rd erxvmbrancet of ewery naturo and kind now on said des~ribed
prope?ty, or that hereafter msy be impo~ed, suffered, ~Isced, levied, ar aucssed thereon, a thet hetsafter may 6e ievied or uiessed vpon tfiis Mortp-
, age, w tt?e indebtedrxss xcvred hereby, each and every, when due ~n~ payable, xcordiny to law, b3fore shey become delinqusnt, ~nd before any interess
anaches ot any penalty is intvrrtd; AND INSOfAR AS ANY THEREOF i5 Of RKORD THE~ SAME SHAII BE PRQMPTIY SATISfIED AND a15CHARGED Of
- RECORD ANn THE OP.IGINAL Offl~lAl DOCUMENT (SUCH A5, f02-INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PAPER OFFICIAILY ENDORSEO
Oit CERYifIED) SHAtI 8E PLACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN ~AYS NEXT AFTER PAYMENT; and in tFx event that any !txreof is n~t
paid, :aCsfied snd diichargecl sa:d M~RTGAGEE may at any timr pay the sartx or any paH !hereof withovt waiving or affecting any option, li±n, eqvity or
.Fphl ~ndtr or 6y virwe af this mortgsge and iM full amoont oS each and every such payment shall be immediately dve and psyable and shall beat intertst
~ Frem the date thereof until paid at rale of nine per cent~m pe~ ennum and together with svch interest shalf be secured by the lien 9f th's moryta9e. _
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