HomeMy WebLinkAbout1766 ; : ~ y ° 1'7"~45~
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THIS INDEMURE, Mad~ tA~ 26th ~ November ~ A.D. 19
bg M~w.a+
Raloh Shrader and Louise M. Shrader,~ his wife
of St • LLIC~@ , Cp~ty Florid~. Mnin~fi~r daip~at~d ss tM "MORTGAGOR;' and fIRST fEOERAI SAVINCaS AND IOAN
ASSOCIA?ION OF FORT PIERCE, • caporatio~ orpanii~d and ~xittinp w~dK tM law~ Of tFlf United 51~ib of Ame~k~ ~nd havfnp ib principal platt of
busin~ss in tM Ciry of Fat PiKp. St. luci~ County. Flarid~~ I1N~IMNH ~tbMf~ is fFN "MORTGAGEE."
WHEREAS tM MORTGAGOR h justly tndebt~d w th~ MORTGAGEE in Ih~ wm of, ~ ~8+0~ , good and lawful mon~y of the Uoited
States advanced by 1M MORTC~ACsEE unto tM MORTGAGOR, as ~vid~ncad by a oxbin promiuwy note of eve~ date herewith, of which ths followinp in
wads ~nd fipuns is a trw copY. to-wits .
~ 18 , 000 .00 ~ 15,~ 314
~on P~., F~o~a., November 26 19_ 6~
For wtu~ received, 1, we or eithK of us, promise to pay, withouf d~f~lcat(Qn, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOC1ATtON OF
fORT PIERCE al Forf Pierce, Florids, the wm of = 18+~0•~ wlth interett from dste ~1 the wte of71.~96 par annwn, in monthly instsll-
menn as follows: ~ 1~ o~, tM 5th ~y of Januaxv ~ ~q~~ ~ ~ lika sum on the cwrospondin~ day of e~ch month therr
after unti! the whole be fully paid.
Each instaliment firtt sh~ll be applied in payment of tM inttrost a~d thcn on the ~npaid balance of the principal sum. If defauit is msde in th~
paymeM of sny inuallmenf when dus, and wch defauh tontimies 30 days, then ~t !he option of tM hotder, and withovt any other notice, all the remainin~
installmeNS shall be due a~d payabls af once. Privilep~ is yivan tp ptep~Y fha tate in whole or in part st any time witlwtit penalfy. t~kither forebearancs,
nor sccepta?Ke by the holder thereof after any default in anY payment: he~eon. shall be deemed extension. A late payment char9e of 7i! - iMll b~
added to each irotaliment remaining ~np~id 7 days aha? its dw d~te, and a like wm shali be added to each such installment remaining unpaid 7 days aher
each sucttedinq payment date. ,
Each maker, surery and endorse? Fxreof, jointly and severally, waives dcrosnd, p?esentment protest snd ~otice of protest fw nonpaymenb a~d further
agrees fo any extens'an of tim¢ of paymenl, either before o? after rrNtwitp, without notice Io a~y of us; and to pay atl costs of collecrion, includinp a
reasonabk attwney's fee in the event of a~y default hereunder, ar~d he~eby severapy wsives all benefit of homestead and exempYwn under the constitution
and laws of each State of the United Ststes, as against this obliyaYan w any extension or renewal hereof.
~tness the hsnd and seal of cach pany.
ls/ Ralph Shrader ~
ts~?t~
~(s/ Louise M. Shrader ~
(s~?U
( 27 t StaM Revenw
(Stamps unoslled on ori9i~al nots)
NOW, THEREFORE, the MORTGAGOR fw ths purposs of sac~ri~g payment of saFd sum of = ~'8 , and tM perfo?m~nc~ of ~he
covensnts and a~reemenn hereinaher ~xpreued, and fa diven 9ood uid wlwbl~ consideraY~ora„ by these presenn, does y~ant, barqain, sell, remise,
release, oonvey and confirm unro the MORiGAGEE, its woauors ud ~ui~ns, all that cat~in tot, pieoe or partel of laod, situatt, IyFny, and beiny h~ ths
County of S~• L ucie u~d Stat~ of Ftorid~, desvibd ~s follows:
Lot 13, Block 163, SOLTrH PORT ST. Lt~IE, UNIT NINE~
as per plat thereo# on file in Plat Book 14, Pages
27 and 27A, of the Publ3.c Records of St. Lucie
County, Florida,~
RECENEp ~ ~ ~ • ° ° ~
~E
~ _CLASS 'C INTANGIOLE ~ PIIriE11T OF TA~~ES
~ "
f'~ ! t oF r ~ U K 1 Ls A ~r~ ~ au~r~ ~~n,
c~ DOCUMENTAp" STAMP 7AX ~ ~R~ qe~k
_ ee-°"~ 'Q as Agcllt f0f CIIRTI$ M. J~~
~ ~~Z~w 4 ~ St. a~,~ \rQ
~ ~ = Y;~ 2 7 0 0~ ~ ~1? Tu Colledor
[n CoMPTROIIER = By '~,u C=l~s~~/ E
P~. I~~JI ~B ~~4e = i
. -~n~r a~c ~
togetFNr with all and singvlar tM tenemtnb, her~taments and appurtancas tMreunto b~lagirg or in ~nywise eppertaininp thereb, and all nnts, issws,
proceeds snd profits a«rving ard to sccrue from said pr~naes, ap of whid~ an incl~rdad in t!w ebov~ and fae~oinp desviption and Mbendum.
TO HAVE AND TO HOlO the ~bow desuibd and yranttd pranises uMO tht said MORTGAGFE, ib woasaors ~nd auiy~q fwev~r. And th~ Nld
MORTGAGOR for their _~;n, ~zscuton, adminqtraton and assip% hsreby cownants with th~ said MORTGAGEE, its suaes~ws and ~uipna,
?hat t~y ~IQ lawfuly se;ud of t?w wid pn+niWS in fN aimpl~s that tM sams ~r~ frs~, dear and discMr~ed from ~II li~ns and ~naHn-
br+rxt~ In bw w in equity, and that thev will and t~iY hein sF~sll wur~nt ud defend tM titb b th~ wem to tM ~fd
MORTGAGEE, in successwa and wiy~u, forever ~si~at th~ lawf~l daims and demanda of ~II peno~;
PROYIDED, ALWAYS th~t H the MORTGAGOR shall pay unto tht MORTG/1GEE tbe promissay oote Iwreinbefor~ described and shaU trvly, promplly
artd fulty perfwm, druhs~g~, execut~, compl~t~, comply with ~nd abid~ by ~ad~ and ~very the stipul~tions, agreemsnq, condiYam and oovee+nb of said
promisswy not~ snd of this Mort9ape, then this Mwtype ~~d tlw Est~te henby nated sh~ll oesse u~d be avll and wid.
IT IS UN~ERSTOOD thit ths word "Morty~por' whetF?er in the sinputar or plwal anywher~ in this Mwtga~, shall be sinpuf~r if ane only ~nd
•hatl be plunl iointly and seveally if more than on~, and that tM wwd "their" ~s used anywF~ere in this Mort9sg~ shall 6~ taken to mean •'his,•• •'hNS,••
w"its;' wherwer the context so implies a admits. Alw, that whereva thet~ is a r~fKenoe in tM cov~nan» and preern~nts herein eont~irnd to any of
tM putks Mreto, tM wM shall be aonsrrued to rn~an as v,r~ll u th~ Mks, lay+l npraentatFra. ~vonsso+s ~nd ~ssiQro (eith~r voh,mary by an of fM
pani~s a involuntsry by oper~tion of the law) of tM wr~w snd tlwt the coven+~b her~in comained sh~ll bind ~nd tM ben~fits a+d dvantap~s Inur~
to th~ nspsctiw h~irs, le~al represent~Yiws, svocsaiws and ~ssqns of ths parties hereto.
ro and wi h tht w~~GT
AGFE.t H~i
~succeston ud
ass~~,w ~I r~presentativ~s, woc~swn ~ncl auipns, hereby pietly and stvaaNy tovt~wnt ~nd prK
1. To p~y all ~nd sirgul~r tM princip~l ~nd interest and the vsrian ~nd aw~dry wms of moMy pay~ble by vi?tw of said promiswry nw~, and thi~
morty+yt, wth ud ~wry. Pramptly on th~ dari ?~sP~ttiw~Y Nw tart~ ~twrally b~come dw.
2. To pay dl and ~irgvlar tM tax~s. ~ssasments. Isvia. I(abllif«q, oblip~tions ~nd ~nurmbnnoes of ~wry narvr~ ~nd kind rqw on sa;d dacrib~d
prop~rfy, a tl~at hereaft~r may b~ knpw~d, suffar~4. P~+ted, levid, o? aa~ssed tMnon, a that herafta may M levi~d a assessad upon tl~is Morq-
ps, a th~ ind~bt~dnea seaind her~by. ~ach and ~wry, wf»n dw and p~y~bb. ~ocordirg w t~w, befor~ they bacan~ delinqwat, and Mfw~ ~~ryr iMKa~
+nacMs or ~ny penalty a i~curred; AND IIYSOFAR AS ANY THfREOf !S OF RKORO tHE SAME SHAII 6E PROMPTIY SATISf1Ep AND DISCMARGED OF
RKORD AND THE ORIGINAL OFfICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACTION PAPER OFfICIAILY ENOORSED
OR CERTIFIED) SHALI SE PIACE~ IN ?HE HANDS Of SAIp JNORTGAGEE WITHtN TEN DAYS NEXT AFTER PAYINENT; and in tht tvent that ~r~y ft~~of if no~
paid, at:tfisd and disd~uy~d seid MORTGAGEE m~y st ~ny Ya+~ p~y the sxne w aMr psrt thereof without waivinp or ~ff~ttirg any optio~, li~n, equity or
•ipht under w by vinwe of this mort~sye snd ti+e full amovro of ~ad? and every wch payment ~hall be imnediately d~e a~d pay~ble and shall bear intKest
~rom tM date tl+erwf until paid at rate oi nine per c~nfwn per arwwm and topeti~e~ weth wcb inter~st shall be secured by tM lien of th:s mor9ta~.
~OOK~ 1 ~ P~f .