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Home My WebLink About2936 ; ' ~ . .3~~~.3~. ~ ; . ~ THIS iNOENTCRE, Ma~e tht 2~th da ~f JuneT , A.D. 19 7S between Edward Scha~fer and Martha ~ Sc r wife - ~ - _ . . • , . ~ - - St. Lucie ` of , County Florida, hertina{ter de~i9nateii as ?he MQRIGAGOJti' IRST FEDFRAI SAViNGS AND ~GAN ~ ASSOCIATION OF FORT PIERCE, a corporat~on organized and existing under tha laws of tha tJnit~d Statas of America end ~aving its p~incipal piace of ~ bvtinass in the City of fori Pierce, St. lvrie County, Florida, hereinatter designa~ed as the STGAGEE:' • • WtiEREAS the h10RTGAGOR is justiy indebted to ihe h10RiGAGEE in tT~e sun, of 5 2~ Q~' t. 9ood and lawfui ~noney of the United Sta~es advanced by tha 1.10RiGAGEE unto the h1UR(GAGOR, as evidenced by a terta+n promissory note of ev~n data he~ewith, of v:tuch ~ha laUowing in { s o~ 29 ~ 0~0 .SOO cot~v, to-~~ it: No 11000328 ~ ~ Fort Pierca. Florid~i, June 20 19 7S ~ for value received, 1, ~+e or either of us, prohilse lo pay, without defalcaiion, ro ~he order oi FlRST FEOERAI SAW(~GS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fo~t Pic~ce, F!orida, tFe svm of S_29 w;tF, uiterest from date al ?he rate of ~.9 °o per annum, in monthly install- ~ rnents as fol!ows: 5-26~' •-O0 _ on tha~th_ day o6 -Au US ~q__~TS_ and a tike sun~ on the corresponding day of each month there- i afler until rf~e whole be fully paid. ' Each installment first shall be applicd in payment of the interest and then on the unpaid bala~ce of the princlpal sum. If de(au(t is made ln the ' paymznt oi any insla{tment when due, and su,h dcfavl? coniinues 30 d~ys, Ihen at the option of the holder, and wilhout any other notite, all the remaining ~ installments shall be due and payab!e ~t once. Privi~eya ia given to prrpay fhis oote in whole or in parl a1 any time without penalty. Neither forebcarance, nor acceptance 6y the hetder thzreof after any deFault in any paymeNS hereon, shalt be deemed extension. A late payment charge of S 1~• ~~haQ be ~ added to etch installment remaining unpn~o 7 deys after its due djte, and a like sum shall be added lo each such i~stalfinent remaining unpaid 7 days after ~ each succeedir.g paymenf dote. ~ ~ ~ Each maker, wrety and endcrser hereof, jointly and severally, wa~ves demand, prese~tment protest and notice of protest ior nonpaymeM, and fvttfier agrees to any extens~on o( 1~irr of payment, eithzr betore or after matu<ity, witnout notice to any of us; and fo pa~ all cosfs of collection, induding a ~ reasonabte attorncy's fee ~n the eYcnt of ary d<iault hereunder, and hereby s:verally waives all beneiit of homestead and exerr~ption under the constitution and laws of each Srale of +he United States, as ag~inst this obligation or any extension or renewal hereo(. Witness the hand and seal of each parly. . S/ Edward Schaffer _ ~sEAU ~ (SEAL) ~ ~ S riartha Schaffer (SEAL) ' $43. SO - cs~+U State Revenue ~ t'~t~~~~fC~~~GX~Xi~X . NO'N, iHEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of S 29 •~O . and the performance of the covenants and agreements hereinafter expressed, and for divers geod and valuable cons+derations, by these presents, daes gront, bargain, sell, remise, . " release, canvey and confirm unto the h10RTGAGEE, its successors and assigns, all_ that certain lot, piece ot partel of land, sitvate, lying, and being in the County of St. Lueie , and State of Florida, deicribed as follows: ' ~ ~~D~-~da- Qo/3-~~f o . . ~ Lot 13, Block 1, CLYDESD~ALE HEIGHTS SUBP~VISION, as per Plat thereof on t file in Plat Book 9, Yage 59, of the Public Records of St. Lucie County, ~ - ~ - ~ Florida. ~ - ~ ~ ~ _ ~ . { ~ ~ ; - . - - - ~ ~ : . ; . _ `a T ~ ~.._.f- = P Tt~7i ~ ~ STA _ s-~ ~ - : _ . _ -u, -o - D0CU1~FENTARY~.~ _ ~ s . - ~ _ °O DEPT_ OF HEVENU£ ~ ~ ~ O ~ • " ~ ~ ~G ~ .iil:I1~J~?~J 'y~.. ~ ~ ~ - ' ~ `~r,-~?• ~ ~ c-> M _ P.& ~ - m = ati~nz ; - _ - ' _ , - ~ _ . _ ~ ~ . - - - ~ - D° - RECEIYED iN PAYMEtiT OF SAXES ~ _ D'JE ON Ct.ASS'C' 1tiiAt~GIBIE rE:iSO;:.~L PROPER(Yt PURSUAN7 70 Ct1APiER 71~134. ACTS OF 1911.y~~ ROGFR PD~RIIZ - Cy~~ ~i. M?CtE cA, fill. tec~ether with a!1 and singutar the tenements, hered~taments and appuriances thereunto belongin~ or in anywise appertaining thereto, and all rents, lssves, I~ procerds and profits aaruing and ta a~crue from said premises, atl of which are induded in the above and foregoing description and habendum. i - TO HAVE PND TO I~OtD the above described and granteJ premises unto the said MOR?GAGEE, its successors and assigns forevet. And the tatd thea.r ~ MORTGAGOR {or he~rs, executors, administrators and assigns, hereby covenants with 1he said MORTGAGEE, its succeisort and assigns. the are that ~awfulfy seized of the said premises in fee simple; that the same are free, dear and discharged from all fiens and encum- brances in law or in equity, and that they Will and their heirs shall warront and defend the title fo the same fo 1he said ir M~RTGAGEE, its svccesscrs and assigns, iorever against the fawfut ctaims and demands of atl persons; - PROYIDED, Al~'lAYS that if the ~+~ORTGAG~R shall pay unto thr MORTGAGfE the promissory note hereini~efore destribtd and shall fruly, promptly and fully perform, d~scharge, execute, comp!ete, comply with and abide by each and every the stipulalions, agreemtnts, conditions and cove~antt af ssid p~` ~ promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shal! cease and be null and void. ~7r7 ~ IT IS UNDfRSTOOD that the word "Mortgagor° whether in the singular or plural anyvrhere in this Mwtgage, shall be singvlar if one only and ~ ~ ~ sfiall be ptural jointly and severally if more than one, and that the word "their" as used a~ywhere in this hf,oitgage sha{l be taken ta mean "hi~;' "hen," or '"i~s," rn~herever the context so impt~es or admirs. Also, that wherever there is a refe~ence in fhe covenants and agreemenis herein tontained taany of ; the parties hereto, the same shall be constrved to mean as wefl ai the Feirs, lega) represeniatives, sutcessors and assigns (either voluntary by ac1 of fhe , partie: or involuritary by operation of the law) of the same and that the covenants herein contained shall bind and the benefita and advantages inure ~ to the tespeciive heirs, legal representatives, successors and asrgns of the parties herelo. ¢ And said Mortgagers, for ifiemselves and their heirs, legal representatives, svccessors and assigns, hereby jointly and severally toverc_nt and sqret to and with the said MORTGAGEE, its successors aid assigns: - ' ~ k~ l. To pay all and singular the printipal and inlerest and the various and ~su~dry sums of money payable by virtue of said promissory note, and thit ~ I~ mortgage, each and every, promptly on the days respettively the same severelly become doe. ~ I 'I f _ 2. To pay a11 and singular Ihe taxes, assessments, levies, liabifities, obligations and encvmbrances of every nature and kind now on said deicrib~d property, or that hereafter may be impoted, suffered, placed, levied, or asstsse~ thereon, or that hereafter may be levied or assetud opon this JNortg- age, w the indebtadness setured hereby, each and every, when d~e and payable, according to law, before they become delinqvent, ar+d be~ote a~y tnterest attathes or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF 15 OF RKORD THE SAI~IE SHAII BE P~OMPTIY SA115FIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, iHE TAX RE~EIPi OR TF{E SAT{SfACT10N PAPER OfF1CIALLY END~RSEU OR CERTIFIED) SHAII BE PiACEO IN THE HANDS OF SAID ~AORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any ihereof is not - paid, saCs4ied and discharged sa:d fhORTGAGff may at any t~me pay ~he same or any pa~t thereof without waiving or a(fecting any option, lien, eqvity or '~i .iqht vnder or by virtue of this mortgage and the full amovnt of each and every soch paymeM shall be immediately dve and payable and shall bear intertst From the date thereof ~ntil paid at rate of n~ne per centum per ann~m and logeiher w~th s~ch interest shall be secured by the' lien of th:s morgta9e. ,