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Home My WebLink About2669 ' ~ j ~ : nais ~NOErvruR~. M.d. ~15th av A_pril 4~ ' n. u. i9_ 69 b.~..~+ LEONARD H.._SCHII:KE and ETHEL SCHILKE~h s wife of-------- SL.. Lucie _ _ co~ti. Florids. h~nir?sftK d~si~nwtd as tM "MOitTC/1GOR." ar~l FIRST FEDERAL SAYINCiS ANO LOM! IIS,SOC1/1T10N OF INDUW RlVER COUNTY. a oorpontbn ohanis~d and ~cisti~ und~r th~ law~ of th~ UNt~d Sbl~ of M~ka and ha0in~ its principtl plat~ of b~sirnss in tht City of Vero 6~sch, I~isn Rivef County. Florids. h~n{n~her d~s(p~std as tM •`MORn,/bGEE.•• w?+ER~s ~r,. MoaTwcoa ~ j~ MORTGAGEE in r~,. ~,~._~!elve Thousand and No~00 - - - - - - - od~~. ~ ~?a aM?~,< of i~~a sar:: :a~?.r+o.a e~? ~r~: - cs. +NORrw?c,EF w,w th. MORTw~coR, u.Wa.nc.a b~? : o~s~~ w~is~? noe. of .ven d~h he..with. of w~h ~n. followin~ M wo~s and H~s fs ~ hw oopy. to-wIh 12,_ 000,_ 00._ ~.05~. s--- - ~ v.~o e..cti. F~w~. . A~ril 15 ~9._69 For vslw reoNwd 1 or v~ iointly tx sevtnlty promis~ to pty to FIRST FEDERIIL S/1VIN(iS M1D tA/W AS~SOCIATION OF INDI/W R~vEa oouwnr. ~ s 12, 000. 00 .t ~n M v«~ e..d+. F~a.. ~e~+ ~ ~e hh ~~__7- 25 v~r o.nt wr .nn~.rti in th. to~~owin~ manne.: = 12~. ~~pon tM first of esth and every month heroaftar unH) ths ful) principd sum, with int~hst. h~s bear~ Wid; said monthly psyrrwnts styll be sppliad first to tM psynnent of i~terosf on ths unpald balant~. ,~d ~ w rh. wy~+.nr of ~r~ap,~. Tids ~ rs t~otitbk and if dshult in p~symen! oaun. m~y bs pbc~d in tM h~~ds of an attorney at law io? collstNon. in MA~kh event 1 a wr a`hs to psy ths oost= of oollsctian. includin~ a nasonabk attanay's fu. srd ~sch of us, wMtl~r maker. ~nntor or ~dorse?, hereby s~wa~y watves darw+d. notios of non-oavma+r snd pr~st of thls na~ ~s/Leonard H.__ Schilke ----_---------------„cs~.n _ s Ethel Schillce . L--1---------------- ---------~----,cs..u In ths ev~ent sny paymeot is not msds prior to tM 20th cLy of the mo~nth when due. then this nots shsll b~s~ int~rest at ths nh of 8.<46 from tt~e dsts ar+y wd~ psyrnant became dus and th?ou~hout thq peKad ot wch delinpuency. Sbte stamps paid snd c~ncelled on ori~inal of this note in the smamt of i- ~8•-~--__----_~~ NOW. THEREFORE. the MORTGACOR for the purpose of searing ths payrne~?t of ths ssid wm of S. 12, ~~Y~ ard th~ pe~ior~ of the oov~nnts and a~resenents hereinafter exp?essed. snd for divers good and valwbb oo~uideations. bY thsse Pnsenls. doss grant, bargsin. seii. romise. release. canvey snd oonfirm unto the MORTGAGEE its woce~ws and sssi~pns. all thst oartsi~ lot~ pisas or parosl of 1snd. sitwte. hln8 snd beln~ in ths Couny of ---SL. LUCl@ snd State of Fbrids. de~c~ibsd as folbws: The N 1/2 of the NW 1/4 of the SW 1/4 of Section 29, Township 35 South, Range 40 East, EXCEP'TING therefrom all that portion thereof lying North and East of Ten Mile Creek, ALSO EXCEPTIIVG therefrom all right of ways for public roads, .and canals. ~ RECE11'ED =~2 'C IN PA'lF1L-';T OF TA.~_ nuE oN c~~ss INTA+~lE!B!E Pt~S'~11t P.2~P~Rrr, THI$ lNSTRUMENT WAS PREpARED gY w;;:s..~?t;~ ~a r::~.=~t 2r~3~. A~eS OF 15d1. GEORGE HEATH Ros_R FOIs~.~, c:c:~ CEiifl.~ CQU~ a7111I/N, HEATN, SMI1H, & 0'HAIRE as Agent f~i ,^.:~h!~~ N. ~ctiC~!~~~s, JR ATTOt'tNLYS AT ~AVV st lucie Cour.ty Tax Coitcctar ~ • 14 th AVE. lIERO BEACH fLA 32960 B~r ' n~unr c~c ~ t ~ together with all snd singular the tenemenn. he~~taments and appu~tenances thereu~b belonging o? in anywise sppertaining thereto. snd ati rents, isu~es~ proceeds and profits aocnring and to aocrue hon~ said premises, ali of wfiich are included in the atwve and toregoing de- s[ription and habendum. TO HNVE MID TO HOLD the sbove desuibed and gnnted premises unto the ssid MORTG/1GEE. iis suocessors snd sssigns fo~ver. Md the said MORTG/1GOR for__ ~eir _hein, exccutors, sdrr~inistntors ard sssigns. hereby aoverwnts with the ssid MORTGAGEE, its woces- sors and sssigns, r?~r-_. they_ are a~„~~ that the same sro free. clea~ and dis- a~,i ~~~e of rr~ ~w chsrQed from ali 1ia~s and a~a~mbrsnces in law or in equity, ~+~r--------- ~eY.----- ~~i ,~,e __.__their---- ~11 wsmnt snd defend the titb to ths same to the said MORTGAGEE, its wocessors snd auigns. forever against the lawful tisirm and demarxls of all persons: PROVIDED. ALWAYS that if the MORTG/?GOR shsll psy unto the MORTGAGEE the promissory note hereinbeforo described~ and shaN trufY. P~'~Dt~Y and ful~Y Perform. ~scharge, extcute. oornPkfe. comply with and abide by each and every the stipulati ca~fiiHoru and oovenants of said promissory note and of this Mortyage. then this Mortgage and the Estate her ~,g~~~~ null snd voM ebY tre~ted shall cease and be IT !5 UNDERSTOOD that the word "Mortgagor" whether in the singubr or plunl anywhere in this Mortgagee, shali be si~gular if o~e only and shail be plural jointly and severally if mcre than one, and that the word "Their" u used anywhere in this Mortgsge shall be tsken to mean ••his.•• ••her~•• or ••its,•• wherever the context so implies or admits. Also. that wherever there is s reference in the oovenants and agreements F~e~ein contained to sny of the puties hereto. the same shall be aorutrued w mean as well u the heirs. le~al representativos. wo- cessors snd usigns (either wluntary by act of the parties o? involuntary by opention of the taw) of the same and that ths aovenants herein contained shall bind and the ber~efits and advantages inure to the respective F?eirs. kgal representatives, wocessors and sssig~ of tF~e w~ties he.ero. Md saM Mortgagors. fo? tF~emselves and their hein, legal representatives. waessors ard sssltns, hercby iotntly and severally cwenant and agrce ro and with the said MORTGAGEE, its wtcessors and assigns: 1. To pay all and sinQular the principal and interest and the various and surdry sums of money psysble by virtue of said promissory note. snd this mortgage, each snd every promptly on the days respettivey the sarr~e sevenlly beoome due. 2 To pay all and singular !he taxes, sssessments, levies, liabilities. obti~stions snd incumbranoas of every rnt~e and kind now on said described property, o? thst hereaher m~y be imposed. wffered. P~aced. levied. w sssased theroon or that herosker may be {avied or sssessd upon this MortBa~e. or ths irdebtedness secured hereby, esth and every. whcn due and payabk xtordin~ to law, before they be- cans delinquent, and beforo any interest attxhes w any penalty is incurred; and insofar u sny thercof is of rocord the same shall be prompti r sstisfied snd discharged of record and the origiresl official docwnee?t (wch as, for instar~te. the tax reteipt or the satisfsction psper offidslly endorsed or ~ertified) shall be plated in the hands o! said MORTCAGEE within te~ days next aher payment; ard in the event that sny thereof is ~ot psW, satisfied sod dischsrged. said MORTWIGEE may at sny time pay the sa~ne or any pa.r the~wf without waiving or sffacHn~ any option, (ien. equity. w right under or by virtue of this Mortgage, and the (u!I amount qi~sc h wth poynnent shsll bt irrunediately due and payabb s~d shall besr interat fran the date thereof until paid st the rate of A~iu~d centunn pe~ ~nrwm and b~ett,e~ with wch interest shall be secured by the lien of this mortga~e. 8@VE'i1 one-q arter 3. To plxe u?d continuousty keep on ihs buildings now or hereaker sitwted on said land and on all equipr~p?t snd personalty cov- erod by thls mortga~e, with all premiums thereo~ patd in full, firo inwrsnce in the uswl standard policy form, in a wm approved by ths MORTG/1GEE, snd tornsdo insunnoe in the uwsl stsndsrd policy form,in s wm sp{NOVed ~r the MORTGAGEE. 1n wd~ comp~sny or comvanies u th~ MORTGACEE may ~roct; and a!I Hrs and tomsdo i~sunr~o~ polici~s on sny of said builfin~s. arty interest therein or put thereof. in tM s~Hrcgat~ wm aioresaid o. in e~ess theroof. shall oontain M+~ ususl stsndard nwrt~a~ee clwse or wch other cl~use as tir Mati+i~ ~Y nquir~. n~ki~ th~ loss undsr said policas. e~ch snd ewry. WY+bte to ssid MORTGAGEE ~s its iMerest m~Y appN~. and each ad fvery such polky shsll be promptly auipwcf and ddivs~ed to and hsW by ssid MORTGI~GEE ss further seaxity to ssid mort~,q~e d~bf. snd. not less Nun ten (10) dsys M advsnc~ of th~ ~xplation of ~ach DoHcY. to deliver to ssid MORTWIGEE s nnrwal thenof. to~etMr with a nceipt 1or the premium of wch nentwal; and th~n sh~t! be no Nrr o~ tomsdo inwnw~oe Dlaced on sny M said build'ir~s. arry? inMrest therNn or part tMrwf. unbss In tM Mrm ~d with tfi~ lass WY+bI~ ss afars~id: and M tM went any swn of e~a+~r b~ooew p~y~bb ~w~der tud~ FF,~_~~_~~~~ S~ i 7~ . . . . ~ - • - ~ ~ _ ~ ~.~~=w . ~