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TNIS INOENTURE. hiade the 11 . day ot " • ' • • • _ y -
Elmer- J. Lundin, Jr. and Wanda M. Lundi.n, his _wife ~
of `S t. I'UC j-8 County Floride, hereinafter dtiiynatzd aa the '~.SORTG :Ge.~R," s:;J fIQS~ FEDER!1! S~IVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a corporat~on organized and exisiing under the (aws of the United StatQS of America and having its princiRal place of ~
businesi in the City of Fori P~erce, St. lucis County, Florida, h~reinafter de:ignated as the "l~10RTGAGEE."
WHEREAS ihe MORTGAGOR i~ jwtty ir.dabtrd to the h10RTGAGEE in the sum of S_~a-S.'Q1~Q---, 9ood and lawiul money of the Un~ted ~
States advanced by the h10RTGAGEE unlo Iha h10RTGAGOR, as evidenc~d by a cerfain promitsory nore of even d~te h~rewith, of vrh~ch Ihe ioilowing in
wordf rand Figures is a trua copy, to-wit: N'__ ]~,~_.2,7~ ~
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Fort Pierca, Florida, Jgnue r~ ~.7 ._19^C?
ior vaiue received, I, we or either of ~s, promise fo pay, wirhou! defatcatiun, to the order of fIRST fEDERAI SAVINGS AND lOAhf ASSOCIATION OF ~
FORT PIERCE at Fort Pierce, ftorida, the sum of S l~ ~ Q~~-i-~~ - w.;~h interest fro~n date at the rate of ~-'o per annum, in monthly install- ~
men~s as fol!ows: S. 108•00 on 1he 1 th day of MaY 19 ~b anJ a like sum on the corraspond~ng day of each mc.nth there- ~
aiter un~il ~he who!e ba fully paid. - ~
Each installmenf Fint shall be applied in payment of th~ intere:t and then on the unpaid balancr uf the principal sum. If dsfault is made in the t
paymenl of any installment when due, and such defauh coNinues 30 days, then a~ tne optlon of tn.± holder, and without any other notite, ali ihe rcma~ning
installments shall be due and payable at once. Privilege is givrn to prepay this nole in whate or in pert at ary time without penalty. 'Neither taebearance, ~
nor acceptance by the holder thereof aftar any default in any payments hereon, shall be deemed extension. A late payment tharge of s~ , shall be
added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining ur~paid 7 days a(ter i
eath succeeding payment date. ~
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of prote3t for nonpayment, and furthet
agrees io any extens+on of t~me of payment, either before o: after maturity, withour notice to any of us; and to pay all costs of collection, including e
reasonable atterney's fee in the event of any defauh hereunder, and hereby severally waives all benefit of homestead and exemptian under the cnnstitution i
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and laws of each State of the Uriited States, as aga~nst lhis obligaiion or any extension or renewal hereof, ~
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wtt~ac: the hand and seal of each oartv. i
~9 Ime r c~ . Lun a i n J P. (SEAI) ~
s WandB M. Lundin (SEAI) ~
(SEAt) ~
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(SEAL) ~
( 2 2. 5~ ) State Revenue ~
(Stamps cancelled on nriginal rsote) ' {
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i~0~4', THEREFORE, the M,ORTGAGOR for the purpose of secvring paymenf of said sum of S- ~ ' , and the performance of the
covenants and agreements hereinafter expressed, and for diver~ good and valua6le considerations, by these presenti, dces grant, bargain, sell, remise, ~
retease, convey and coniirm unto the MORiGAGEE, its svccessors and assigni, all that certoin lot, piece or parcel of land, tituate, (ying, end being in tha ~
Covnty of S t I-'U C i@ , and State of florida, detuibed as follows: Y
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Lot 22, Block 2?_, RIVER PARK SUBDIVISION, UNIT #3+ a 4ubdiyigion ~
according to the Plat thereof recorded in Plat Book 10, Psge 60 ~
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of the Public Records of St. Lucie County, Florida ~
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~~I ~H p?~YMEN PROPER~•
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f ,vt~VGlAIc pfR~~KAL A1, ~
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REf.EfY~OIASS'L~ o~.~ 2`'' r- t_ ~
W ~ I~11 C~_= r ~ U~ i UA fl~~SU HtZOGH~' ~~~rk ~?r=:,. G.,urt ~
~ z DOCUMENTA,p
E STAMP T1~X RvG~R Pa~~
~'T15 M.11'?~~~ { ~
o _ FE817'66 _i
~t' - a~ A~e^~ '{a~. ~?e~~ ~ i
~ ~ - 2 2 5 0 = st ~ -t~~ ~
i v~ co~~~rao~~ER = ' _ ~G~`~ p~P1ylY C1.E~ ~
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togather with all and sing~lar the tenements, hereditamenls and appurtances there~nto belonging or in eny.iise appertaining thereto, and all rents, issuet, ~
proceeJs and profits atuuing and to accrue from said premises all of which are inttuded in the above and foregoing description and habend~m. R
TO HAVE AND TO HOID the above described and granted premises unto tha seid MORTGAGEE, its svccessors and assignt forever. And the taW (
MORTGAG for -----'t~j-~-- heirs, executors, administrators and assign~, hereby covenants with the said MORTGAGEE, it• successor• and sisiym, ~
thnt --~~e~1 -8 r@ lawfuliy seized of the said premises in fee simple; that ihe same are free,. ctear and discharged from all liens and encurtr !
brances in law or in equity, and that the.y ~,y~~~ and the i r heir~ shall warrent and defend the titls to the ~ame to the satd
MORTGAGEE, its t~ccessors and assigns, forever againsi fhe lawful cla9ms and demands of all persons; ~
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PROVIDED, AlWAYS thst if the MORTGAGOR ~hall pay unto the MORTGAGEE the promiisay note hereinbefore dasuibed and thall truly, promptly ~
nnd fully perform, discherge, execute, completa, comply with and abide by each and every the ttipulations, agreertrents, conditions and covenantt of ~aid
promissory note and o4 thi• Mortgage, then this Mongage and the Estate hereby created shall cesse and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in fhe singular or plural anywhere in fhia hlortgnge, ihall be singular if one only and ~
shall be pl~~al jointly and severally if more than one, and that the word "their" as vsed anyvihere in thit Mortgage shall be taken to mean "hi~;' "hers;'
or "its;' whrrever the context so implies ot admits. Also, that wfierever there is a reference in tha covenant~ and agreements herein contained to any of ~
the partiea hereto, the same shall be construed to mean as we~l as the hein, legsl representatives, successors and assigns (either voluntary by act of the i
parlies or involuntary by operation of the law) of the same and that the covenantt herein contained sfiell bind and the benefiti and advantages invr~ ~
to tfie rtspedive heirs, legal representativet, •uccessors and asi?gns of the parties herero. _
And said Nbrtgagort, for themselves and their heirs, legal repreientative~, successori and assign~, hereby jointly and severally covenant and agree ~
to end with thp said h10RTGAGEE, ita tvccessors and aasigns:
1. To pay all and ~ingular the prirxipal and interest and the verious and sundry •um: of money payable by virtue of said promissory note, and thit ~
mwtgage, each ~nd every, prompfly on the days resprctivsly the seme :evarally become dve.
2. To pey all and singular tht taxes, a}setsmen;s, ievies, liabilitits, obligations and encvmbrancet of every nature a~d kind now on said described ~
property, or that hereafter may be impoud, suffered, placed, levied, or auested thereon, or thst hereafter may be levied or as~eiud upon thi• Mortp• ~
age, or the lndtbtedness sec~red hereby, each and avery, when due and paya~le, xcordiny to law, before they become dellnquent, end before any interest ~
attaches or any penalty i~ inc~rred; AND INSOFAR AS AN THEREpf IS OF RKOAD THf SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGE~ OF - E
RECORD AND THE ORIGINAI OFF(CIAI DOCUAIENT (SUC~ AS, FOR INSTANCf, THE TAX RECEIPT OR THE SATISfACT10N PAPER -OFfIC1ALlY ENDORSEO ~
OR CERTIFIED) SHAII BE PIACED !N THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof it not
paid, sat'sfied artd discharged sa:d MORTGAGEE may at any time pay the same or any part thereof wilhoul waiving or affecting sny opt+on, lien, equiry w ~
?ight ~nder w by virtur of Ihit mortgage and the full amo~nt of each and every •vch payment ~hal) be immediately dve and psyable and shall be+t interest
From the date thereof until paid at rote of nina per centum per annvm and toyether with tuch interest shall be sec~red by the lien of th:s morgtsgr. ~
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