HomeMy WebLinkAbout0166. ~ 181216
THIS INDENTURE, Made the 9th day ,~ Ju1Y , A.D. T9 69 -between
Franklin C. Schaus and Bvfielyn G.~ Schauer, his ~fiffa,
of St • I.ucio County Florida, hereinafter designated- as t)t~"MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and existing under tM laws of tM Unitd States of Americe and Mvirp its prirtdpal Play of
business N tM Ciry of Fort Piero, St, lode County, Florida, hereirtafier designated a tM "MORTGAGEE."
WHEREAS tM MORTGAGOR b lastly indebted to tM MORTGAGEE N tM sum of >G.11 t~~•~ --- good and lawful money of the United
Ststes advanced by tM MORTGAGEE unto tM MORTGAGOR, as ev'~dertced by a certain promissory nob of even date Mrewith, of which tM fdlowittg N
words and figures is a trw copy, to-wit:
~~ : 11 a 500 a 00 ~ ffo~ 15.807
Fort Plerd, Florid., July 9. f9 69
~ For valor received, 1, we or either of us, promise to pay, without defalcation, to tM order of FIRST FEDERAL SAVINGS AND IOAN ASSOCtAT10N OF
~~ FORT PIERCE at Fort Pierce, Fbrida, tM wm of i 11,500.00 with interest from date at tM rate of 7.5 °a'a par anrwm, in monthly irotall-
.~,\ menu a follows: i 93 • ~ on tM 5th day of NOVflt3ber 19 69 a~ a like sum on tM corresponding day of eadt month there-
V~ after until tM wlak be fully paid. ._
Each installment fins sMll be applied in payment of tM interest and then on tM unpaid balance of tM principal sum. If defauh is made N tM
t payment of any tnstallment when due, and such default continues 30 days, then at 1M opYton of tM holder, and without any other notice, all tM remaining
Y installments shall be dw and payable at once. Privilege is given to prepay this note in whole or in part at any time without partalry. Neither forebearance,
~ nor acceptance by tM holder tMreof after any default in any payments hereon, shall be deemed extension. A late payment charge of >i 4.65 . shall be
~ added to each installment rema'tnirtg unpaid 7 days after its dw date, and a like wm sMll be added to rich such installment remaining unpaid 7 days after
each u-cceedirtg payment date. ,
'~ Each maker, surety and endorser hereof, jointly and severalty, waives demand, presentment protest and notice of protest for nonpayment, and further
ry, without notice to an ng
agrees to arty extension of time of payment, either before or after matori y of us; and to pay all cosri of collection, Gtcludi a
reasonable attorney's fN in the went of any default Mreur-der, and Mreby severally waives all benefit of homestead and exemption under tM constitution
and laws of each State of tM United States, as agairot this obligatan•or arty extension or renewal hereof. .
Witness tM hand and seal of Nch party.
S Franklin C. Schalt~ BEAU
~ ~
5/ el cs. ~Crs un lSEAU
(SEAU
( $17.25 )Stab Revenw .
(Stamps cenalled on original note)
NOW, THEREFORE, tM MORTGAGOR for tM purpose of sarttrirtg payment of said sttm of >i 11 a ~• ~ and tM performance of 1M
covenanri end agreements hereinafter expressed, and for diver good and valuable consideratara, by these presents, does grant, bargain, sell, remise,
release, convey and confirm unto tM MORTGAGEE, iri srrccesson and assigns, all that certain lot, pica or parcel of land, sitwte, lying, and being N tM
Cot,nty of St. Lucie ,and Stab of Florida, desvtbad a follows:
Lot 17, Block 78, RIVBR PARK, UNIT 9B, as per plat thereof on file in Plat Book 14,
pages 47 and 47A, Public Records of St. Lucie County, Rlorida,
•
R~~D ~ ' ~' IN PAYHEIfT OF TAXES
S I `~ I t= ~~ ~_ L t; ;-2 (~ t ~~ DJE Ot: CtASS 'C IHTANGBLE PERSCHAL P;:OPERiY,
w pv ~ t I'1MP i l~ n P(;f:S~.14iT TO CH.IPTER 2Q72d, ACTS OF 1941. r
~ ~ pOCUMENTA~- -----
~ z = ~'~~ ~~ . :--" = 6pG"R f'01 T F.~S, Clerk Circuit Court
~ o = X30'69 '~~ ' 7 2 5= as Agent foT DANIEL N. KNOWLES, JR.
N ~ COMPTROr_LER St. Lucie Cou Tax Collector
`ORS
P.9.I9olas
........... BY pEPUn a~wc
together with all and singular tM tsnerneeri, herad'rtamenri end apprxtsrtces thereunto belorgirg or N anywise appertaining thereto, and all rents, issues,
proceeds and profiri scauirtg and to accrue from said premae, all of whidt era irtdudd N tM above and foregoing description and Mbsndwn.
TO fAVE AND TO HOLD tM above dacribad and granted premises unto tM said MORTGAGEE, its wocessors and suigro forever. And tM eW
MORTGAGOR for their Min, execwon, administrators and assigns, Mreby cotrortanri with tM said MORTGAGEE, its successors and aadaro.
that they are lawfully seized of tM said premise N fee simpler that tM soma an free, clear and discharged from all Hero and artarro-
branaa N law or N equity, and tM* they will and th@ir Min shall warrant and defend the title to tM tome to tM sold
MORTGAGEE, iri successors and assigro, forwer agatrot iM lawful claims and demands of all pertarot
PROVIDED. AIWAYS that ff tM MORTGAGOR sMll pay unto tM MORTGAGEE tM promiwory note haainbefon descrr'bed and sMll truly, promptly
end fully perform, discharge, execub, eompleta, comply with and abide by eadt and wary tM stipulations, agreements, conditions end covenanri of said
promissory nob and of this Mortgage, then this Mortgage and tM Estate hereby crated shall cease and be rwlt and void.
IT IS UtJOERST000 that tM word "Mortgagor" wMther N tM airgula- a plural enywltere N this Mortgage, sMll ba singular ff one only and
sMll be plural joimty and severally ff more than one. and that tM word "t Mir" ss used anytrAten N this Mortgage shall be taken ro mean "his," "Mn,"
or "its," whoever tM ooMext w implies or admin. Alta, that wherwer then is a raferertoa N the cownanri and agreements hsnN antaNad to any of
tM parties herNO tM Marne shall be corotrued 1o mean as well a tM Mire, Ipal npresarMatlvaa. woctsaon and ttasigrts (either voluntary by act of tit!
parties or imroluntary by operation of tM law) of tM same end _tMt tM covert.rtri Main oontaNd sMll bird and tM benefiri and advantage Nun
to tM respactiw Min, legal representatives, successors and aufgro of tM garlic hertNO.
And ssid Mortgagor, for tMmselvee and their Min, legal repreremative, successors and assigns, hereby jointly and sewraly covenant and agree
to and with tM said MORTGAGEE, iri stracessors and assign:
1. To pay all and singular tM prirtdpal end imerea and tM various and rwtdry sums of money payable by virtw of said promissory ttttb, and this
mortgage. each and awry, promptly on tM days respectively tM carne severally beooma tfw.
Z. To peg atl and sirgvlar tM taxe, esessrrterHS, Ivies, liabilities, obligations and ertcuntbranas d awry nature and kNd raw on said deerrllsed
property err that MrNfter may ba imposed, suffered, placed, Ivied, a asessed tMreort, a that hereafbr may M levied p assessed upon this Mortg•
ago, or 1M Mtdebtedrtess secured hereby, oath and awry, whore dw and payable, aeoording to law, baton thrry beoorrta delirtgtreeM, and before any Ntena
attaches or any penaNy is inamed; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHALL dE PROMPTLY SAtISf1E0 AND DISCHARGED OF
RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISFACTION PAPER OFffCIALIY ENDORSED
OR CERTIFIED) SHAII t3E PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER -AYMENTj and N tM went that any thereof k not
paid, sat'sfwd and discharged said MORTGAGEE may at any lima pay tM soma a any part thereof without wa'rvirg a affecting any option, liar, equity a
eight urtdar or by virtue of this mortgage and tM full amount of each and every such payment sMll b brtrnediately dw and payable and sMll boar Nterest
trom tM dab thereof until paid at rate of nSne par centum per annum and togetfwr with such inter t cecwed by t I' of this morgtaga.
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