HomeMy WebLinkAbout0096 1`?"?'S15 ~
THIS INDENTURE. M~ tb~ 18th A rll ` A.p. 19_~.y b~twMn ~
Charles A. Schroeder and Ma~dor ~''T~ Schr fi~r?, hi a,~;fe ~
of S t.~, L; e Cq~~y ~~MMd u tA~ "MORTGAGOR," ~nd FIRST FEDERAI SIIVINGS AND IOAM
~ n550C1ATION Of fORT PIERCE, a oorpontion orpanis~d and ~xisttnp w?d~r tFw laws ~ tM Unit~d St~~p of Am~rka and Mvinp iri princtpal pisa of
~ bustn~ in tM City of Fat PiKa~. St, luci~ County. Flwida. hK~k~aBK dsiipMt~d ~ tM "MORTGAGEE."
WHEREAS tM MORTGACaOR is jwfly ind~bt~d p th~ MpRTGI1GEE in th~ wm of ~ 17 , SOO .O~ ,~oq! ~nd tewful mw»y of tM lJnited
~ Sut~s ~dvanud by th~ MORTGAGEf ~nto fM MORTGAGOR, as ~vldeoc~d by • oatain promissory note of ~ve~ d~te hawrith, of which th~ followinp in
wo.dt .nd fpw.s b a m,. copr. w~wir:
= 17 . 500 .00 15, 615
~ Fat Pi~o~. Flor~d+. Aplll 18 19~_
Fw valw reuiwd, 1, ws a ~Nher of us, prom;s~ to pay, withbut d~falution, ro tM order of FIRST fEaERl1t SAVlNGS AND IOAN ASSOCIATION OF
\ FOR1 PIERCE at fat PiKU. Florid~, tM wm of = 17 with ietK~at from dat~ at th~ wt~ of 7•?~ psr u~nwq, in monthiy inttaTl-
menn a fotlows: t Z31 .00 ~ the th day of J1~.115~-. 19.b2_ and a lib swn on tlr corr~spa~inp day of ~ach month tMr~-
efter ~ntil the whot~ b~ fully p~id,
~t ~
E~ch installment fint shall b~ appiied in payme~t of tl+~ interstt ~nd then on the ~npaid bsl~~+ce of tM prin6pal wm. If defa~h is m+d~ tn th~
~ payment of any instatlment wMn due. +nd wd+ dehuh continws 30 days, th~n.~t tM optiw~ oi tM Falder, and witF~wrl ~ny otF~er notice, sll ths rsm~loinp
~ ~ns~•Ilmsnn shall be dw u~d pay~bk ~e oece. Privi{sp~ is yivsn to prep~Y this not~ ie whol~ w in p~tt at ~ny tims withoot psn~iry. Neithtr for~b~snna,
` nor ~cc~ptanu by th~ ho1dM tlwreof aAer ~ny defauh in aoy paymentt hereon, sh~ll b~ de~m~d extension. A late paymeM dwrQ~ of ~,6 .55 sh~ll b~ ;
added fo ~ach iratailrne~t rem~i~inp uepaid 7 daya aN~r ifs dw dai~, ~nd a like wm shall b~ added ro each wch instaliment ~a~winirp unpsid 7 d~ys ~h~r
~ each sucaeding p~ymenf date.
Q
~ Each m~ker, wnty u~d ~ndonsr hereof, jointly and severaliy. waiws demand, p?esN+tment protest and notice of protest fw nonpaymem, aod furtl~a
~ agrees ro ~~y exte~uion of tirn~ of p~yment, either bsfor~ o~ aher matwity, without notice to ~~y of us; ~nd to psy ~11 oasts of collectiory i~cludinQ ~
~ reasonabk attorney i fee in the event of sny defa~h !~e?e~nde~, and Mr~by ssverally waives all beneiit of hcmesteadrnd exemption ~nder th~ taatitution
~ and I~ws of each Sute of the United $t~tes, ss against this obliyation w ~rqr ~xtensioo or renew+l henof.
Witness the hsnd and sesl of e+th parly.
- /s/ Charl es A. S chroeder ~
J
~ ~U
~ /s/ Marqorie B. Schroeder ~ ~
~ 26.25 ~ sr~» R.~w ~1 f
(Sr~mps csnutkd o0 oriptnal not~) ^ ~
NOW, THEREFORE. Ma MORTGAGOR fw the 17 SOO OO t
covenu?ts and ree+nenb her~in+fter ex essed. «+d~fo~r
ud'ivers «w~n0 Wyment of s~id swn of ~ ~ • , and tM p~?fainana of the '
~ p~ ~oot! and valwbl~ conaideratio~a by iF~q~ pressnts, do~s pr~nt, barpaiA, s~ll, remis~,
releas~, oonvyr and confirm unw the MORTGAGEE, its wa~sson and assipas, dl tMt aat~in bf, piep or parce! of land, sitwt~, lyir~, ~nd b~inp in /M ;
cw,nty af - St . L ucie ..nd St,a of FJw+da, daaib.d +s fatows:
Lot 9~ Block 160, SOtTrH FORT ST. L[JCIE, L~IIT 9,
as per plat thereof on file in Plat Book 14, Pages
27 and 27A~ of the Public Records of St. Lucie
County, Florida,~
~
~~IA PA'f1AEtlT OF tl~XE3
~ It(~ANGIBIE ff!'~: N~l P'.~'JPERj`(.
CU1SS R 2~?7"'!. ACTS OF 19~1.
PUytS:JpNT TO
"'A T E~~ r L O«1 D A Roc~R ~o~s~.~s. ci~`~ ~'r Q'W~s,~~~-
~
DOCUMF~1TAp-_S1AM-
N
TAx ~ pger,t fct DANIEL N. K~
' Iledor
~ z _~ptt~s~~ -'`Q ~ St lucie Co~nb iax Co ,
~ - ~6 25s
~ V v Cu C ~n
u~
~ 'pB,19013a ~ ° `
S
roq~tFw with all and si~gvtar tM sarnmen», hereditarnerNS and ~ppurhnas ti»rwnro belonpinp or in +~ywis~ +PP~rt+inir~p tM?tfo. ~nd NI nnM, ha~,
proneda .nd prof~n aoavinp and ro aanr. fran ~ad p?Knn.s. all of which ~n includ.d in Nw abw,~ a,d fo,po;,np daaryprjor, .nd h~b~ndun~.
TO HAVE ANO TO HOLU th~ abow desuibed and ~r~ted psmius uMO tl~ said MORTGAGEE, its wpo~aspt and assipns {pr~wr. /bd th~ sdd
MORTGAGOR for thc~i r h~in, e:~cutan. ~dministraton and aui~% Mr~bt~ oov~nants with tM s~id MORIGAGEE, its svooawn ~nd asslpm,
tFu: they~~_ lawivlly ~ewd of the ~aid p«ni~s in fN +imP~~r M~t th~ wm art h«, tlwr aid ~p~d fran all li~ro ~nd ~nowo-
br.~ns in ~.M? w u, «~uitr. .nd rh.f they wi~~ «+d the ir Irin shst~ wa.?.m ana d.f.na rh. tNl~ a ri» wo. +o +h. s.w
MORTGAGEE, its suaesson ard assgra, forewr ap~i~at tM lawful ciirm ~nd dMnandt of all pKwroj
PROVIDED. ALWAYS th~t if thR MORTGAGOR ~I++11 p~y unto tM NIORTGAGEE tiM prom;nory rqy ha~ir~brfay d~wib~d and slwll trvly, promptly
and fvUY Pe~form. dixM?9~. ~x~cut~, con+Pl~t~, cwnplY with ~rd abid~ by each and ~very th~ st~ulat~aw apreemants. oa+d'tiora and eova~a+ts of said
promiswry no» and of this dlortyap~, tMn this Mortpay~ ~nd the Est~t~ ha~by vtat~d ~MII otak and b~ null a~d roid.
IT IS UNDERSTOOD that the word °IlAortps~or" whethK in th~ sinpul~r w pl~x~l ~nywh~r~ in tlNS Mortyap~, shall b~ sinpubr ff on~ only and ~
shall b~ plvr~l pimly and a~w~dly fF mon than on~, and fMt th~ word °tMir' a uNd anywMn in rh?~ Mwtp~p~ sh~ll b~ t~k~n to nwan "hls," "Mrs,"
w its.° wl+erwsr the aontext so implia or admin. Abo, that wherw~ then is ~~~nnn in tM oownanh ~nd ayrNen~nts h~r~in ooMat~d to any of
tt+~ p~rti~s fwnto th~ ~am~ ~II be w~?strued to rr~tan as w~If n tlK hsFn, le~al nW~a~mstiwa. ~roc~s~o~s and ~ssipns (~itl»r volw~tary b~r acr of th~
partia w involunt+ry bY opK~tion of tFw law) of th~ sam~ ~nd tMt th~ oon~nb h~r~in com~irnd sh+ll bind and th~ b~nef"~ri and advamap~a Mwr~
to tM r~sp~ctiw f+~irs. 1~a1 ?~presentatiws„ s~rcc~sors and ~si~pm of th~ p~rti~s hasfo.
And s~Id Mortp~pors, for tf~emselv~s ard th~ir Mirs. lspat npr~ssnhtiws, wecrston ~nd u~1Q~w. MrtbY i~~Y and awtr~lly oowrwnt and pr»
~
to u~d with t}n ~id MORTGAGEE, its woc~sson aad assipra: ~
1. To p~y ~II and sinpulu th~ prineip~l and im~nst ~nd tM v~rious and sundry wem of moMy payabl~ by vtrtu~ of aaid Pramis~orY nota ~nd tl~
^anp~, wcb and ~wry, promptly on the d+ri r~+P~ctiwl~r th~ ~arm srwwliy bacon~ du~.
2. To pay ~11 and sinpYl~r th~ tu~s, asasmaNS, trvi~s, iiabilNi~s, obliy~tions ~nd ~ncumbanoh af ~vsry nature and klnd now on said daaR~d
WopMY. w that hert~frs? may b~ inpa~d, wffa~d, pl+ud. Iwiad, or ~stad tMhon. a that hanaftu may b~ Iwid a~ss~d upon N~is Morq.
+p~, a tM Mid~M~dneas Namd haeby, each and ~v~ry, wtwn dw and p~~bb, aooordirg to law, b~fon tMy baeorn~ delinqwnt. ~nd b~fw~ any trqw~at
attaches or ~rty pendry k krcurted: ANp 1NSOFAR AS AHY THEREOF 15 OF RKORD THE SMAE SHAII dE PROAMTIY SATtSfIE~ AN~ DISCFIARGEp QF
RKORD AND iHE ORIGINAI OFFICIAI DOCIlMENT (SllCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED
OR CFRTIf1ED) SHAII dE PLACED fN THE HANOS Of SAtO MORTCs/IGEE WtTlfIN TfN DAYS fVFXT AfTER PAYAAENT; and in th~ ~v~M thaf ~~ryr tFMnof b eqt
p+~d, sat:sfied and discharyied sa:d MORTGAGEE may ~t ar~y Yan~ p~y tht saent w ~ny part th~r~of without waivieg w affectinp aMr option, lien, ~q~ity or
•~qM unde? ar by virtw of this mo.ty~ye and tM full anwunt of ~ach ~nd ~very wch payrr~t shall be inrn~diatthr dw and p~yabl~ and ~hall bw imar~st
~rom the daM tMrwf until paid at ~att of nirw pr urttum pM • ~~~~with wch int
r~sl~sll be secur~d by tM lien of th:s morptape.
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