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Home My WebLink About0128 y , .1_~~.ti~~~-~-~ j~ THIS INDENiURE, hlnde the 2?nC~ ~ day or _ Januarv _ , A.P. 19 ~F ~betwtan Traub L~ter~ri4e4, Tn~.~ }"A ~ F1 nri r~A_Cnr~t~g~intL _ ~ of S t. L•uc i e County Florida, hercinafter de~lgnated as the "MORTGAGOR," and fIRST FEDERAI SAVINGS AND IOAN ~ ASSOCIATION Of fORT PIERCE, a corporation orflanized and existing under Ihe laws of the United Stata~ of America and heving its prir,cipal plece of ~ b~~inesf tn tho City of Fort Pierce, Si. lucie County, Florida, hereinafter designsted as iha " ORTGAGEE:' - ` WHEREAS th~ MORTGAGOR is justly indebted to ihe MORTG.4GEE in the sum of S 2C~' good and law(ul money of the Un~ted States advanced by the MORTGAGEE unto the htORTGAGOR, as evidenced by a certain promissory nole of even date herewith, of wh~ch the following in . word~ an figures is a trua copy, to-wit: 1~.2~2 s ,250.00 Januarv 22 fort Pierce, Florida, 19 for ~alue received, 1, we or either of us, promisep to ~ja w•ithaut dafatcation, to ~he order of FIRST FEDERAL SAVINGS AND LOAn ASSOCIAiiON Of FORT PIERCE at Forl Pie FI ri a, the sum o ~0 • w;th int r st from date at Ihe rate of f' • 2~ per annum, in monthly install- ments as follows: S on the 1~~~dey of ~`iareh ~9 and a like !um on the corresponding day of each monlh there- after until the whote be fully paid. Each inslallment first shall be applied in payment of the interest and ~hen on the unpaid balance of the principal s~m. If defaull is made in the payment of any installme~t when du?, and such default continves 30 days, then at the option of the holder, and without any o~her nolice, all the remaining installmenis shatl be due and paye~!^ a! ence. Privi!ege is given !o pre~np thin n_te in wh~!e er In tit ~ny time ~vithoi~l ~+enaUy. 'Neither fore6rarance; ~or acceptance by ihe holder thereof after any default in any payments hereon, shall be dermed extension. A fate payment charge of 5~~~. ~hall be added to each installmenf remaining unpaid 7 days after its due date, and a like sum shall be added to each such inslallment remaininy unpaid dayt after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest end notice of protest for nonpayment, and further agrees to any extension of time of paymenl, either before or afler maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in ihe event of any default hereunder, and hereby severally wai~es all benefit of homestead and exemption undzr the canstit~lion and Iaws of each Srate of the United Sta~es, as against this obligation or ar,y extension or renewal hereof. Witness the hand and seal oF each party. ~ _ Traub Enter rises Inc ($EAl) a B~~: Edwerd B. Treub Sr.~~,,i~res. I %s~ Attest: Ethel M. Traub, Sq~A~r ( 12 j 5 ) State Reven~e T~~~~ • (5tamps tantellod on originel note) , NOW, THEREfORE, the MORTGAGOR for the pvrpose of seturtng payment of ~aid svm of S a~~~~ , and the performance of tfie tovenants and agreement~ hereinafter expressed, and for diveri good and valuable considerotions, by thete presents, doei grant, beryain, ~ell, remise, release, convev and confirm unto the MORTGAGEE, iis tucce3sors and assi9ns, all that certein lot, piete a parcel of land, situate, lying, and bainfl In tha County of 5 t, LUC 1@ ' and Stete of florida, described as follows: ~ Lct Block 11, Reviaed riap of FORT PIERCE BEACH, as per ~lat there~f recorded in Plat Book F3~ page 29, publjc recorda of St, Lucie Countz~, Floric3a , ~ ! i . i `.5 ~ ~ " ' ~ , ~ - ~ ~ . . .`~.a 1 I ~ et- . ~ ti DOCUNIENTA_o~~ S~ 1P Tq~ ~ . . J ~ - JS_____---'-~^ . • o = JAk27'66 (z~y, _ ` ,f 'l : - C.t.F-iU+..~~1 ~ ~ , `~x`S-',~~ ~ . ' tiL,~;~'" - - ce~.r~rRO~~ER~~\.~,/ ~ 2 4 5 ~ ~L ~R.1°^i33 ~-\~oa+_S'-_------- ~ together with all and singulsr tfie tEnements, hereditamenti and appurtances thereunto belonging or fn eny:~ite appertaininp theralo, and all rents, tuves, proceeds and profits accruing and to accrue from said premises all of wfiich are included in the ebove and foregoing description and habtndum. TO HAVE AtVD Tp ~ 9lD the above described and granttd premises unto tho said MC3RTGAGEE, its s~ccesswa and a:signs fo~ever. Md the asid MORTGAGOR for - heirt, executon, adminit?rators and etsigns, hereby covenantt with the ~aid MORTGAGEE, its successfln and astigru, that --~-~--i~------ lawf~lly seized of the taid premise: tn fee timple; that the same ere frte,. clear and discharged from all Ilens and encvm- brantes in lav~ or in cqvity, and that i t will and i t 9 heir~ shafl w+rranl and defend the tifle to Ihe same to the sald h10RTGAGEE, itt ~uccessors and assign3, fwever against the lewful claims and demands of all peraonaj PROVIDED, AIYJAYS that if the MORTGAGOR ihall pay unto the MORTGAGEE the promiiiary nots hereinbefore detaibed and shail iruiy, promplfy a~d fully pe~form, diicharga, execvte, complete, comply with and ab:de by each and every the ttip~lalion~, syreements, coeditions and covenent~ of ~aid promissory note and of thi• Mertgage, then this hbrtgaye and the E~tate hereby created ihall ce~ss and be null and void. IT IS UNDERSTOOD that the word "Mortgayor" wbether in the singular w pl~nl anywhere io this Nb?tgsge, ~hall be •inyular if one onty and thall be plvro) Jointly and ~ve~~lly if more than one, and th~t ihe word "thei?" ai ufed anywhere in thit Mwtgege thsll be taken ta mean "hi~," "hen;' or "itt;' wherever the contex~ so implies or edmitt. Alw, that wherever there i~ a ~eference 1~ the covenants and agreemenls herein contained to •ny of the psrlies hereto, the iama thall be construed to mesn ai well as the hein, leyal r~presentativei, iuccesiws and auignt (either voJ~ntary by act of th~ parties or i~vol~ntary by operation of ths law) of the tame and that the covenanit herein contsined ihall bind and the benefit~ end adv~nts~ss Inurs to tha respettive hein, leyal representativet, •~cceuors and sss~gns of the partios Mreto. And said Mongsgort, for themselves and their heirs, leya) rspresentativet, successors and auigne, hereby iointly and saverally covenant and agrer to and with tFK iaid MORTGAGEE, iti succeswrs and assiyr?s: 1. To pay all and ~ingvlar ttu prirxipal and inlerest and the variovs and ~undry iums of money payable by virt~e of said promiitory note, and this mwtgage, each and every, promptly on the days re~pectively the seme stvarally become dw. 2. To pay sll and ~ingular tha texet, ~ueument~, levie~, liabilities, obligations and tncvmbr~nces of every nsture and klnd now on seid described property, or that haresfter msy b~ imposed, svffsred, plsted, levied, o~ aaeaed thereon, w that hereaRer may be levied or assessed ~pon this NbrtQ- aps, w the lndebtedr~ess iecvred F?~rsby, ~sch and every, when due and paya~~te, ~ccordir~y to law, before they becoma delinquent, and befora sny int~r~st atteches or sny penalry ii incurred; AND INSOFAR AS AN~ THEREQF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED Of RECORD AND THE ORIGINAL OFfIC1Al DOCUMEIJT (SUC . AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER ~OFfIC1AllY ENDORSED OR CERTIFIFD) SHAII BE PIACED IN THf HANDS Of SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, iat:sfied and dischsrged said MQRTGAGEE may at any ~ime pay the ~ame w any psn thercof withoul w+iving or affectiny any opfion, lien, eqvity o~ .ipht under or by virtue of this mortgage and the full amo~nt of each sntl every s~ch payment shal! be immediately due and payable •nd ihall be+r interest From the da!e thereo: until paid at rate of nine per cent~m per sn~wr~,ar~ ~r with i~~it ihull be secvred by 1he lten of th:• moryt~ye. BOOK•i