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HomeMy WebLinkAbout1834~"~ ~~~ 18244'7 THIS INDENTURE. Meth rite 29th ~y ~ August - A.D. 19 69 betvreart _ Alfred O. Geisler and. Susan Geislert. 'his wife of St • Lucie - ~ ~ County Fforkla. hereMtefbr designated as tM NMORTGJ-GOR,N and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation a~gwtined and exbtk+g antler tM laws of tM Ihtited States of Amelia and having Ib prkrtdpai Plan of busiMes M tlra Chy of Fort Pktra. St. ludo Corrttty, FlorWa. )terairtafter designated as fire 10 000.00 WHEREAS tM MORTGAGOR is hKth irtdebad b lira MORTGAGEE N tM ew+ of i ' .good and lawful nanny of rite United Sratq advan~ce~dby the MORTGAGEE unto the MORTGAGOR, as evidertad by • certain promissory nob of ew-t dab herewith, of whidt the folkiwinp M vra 10, 000.00 a trite 00~• to~wh: ~ ,,,,, 15.910 Fay Pkera. ~~ August 29 t9 69 For vahre received, 1, vw a tinter of us. proiO to pay. ~ eMfalatia~. to the order of FIRST FEDERAL SAVINGS ANp LOAN ASSOCIATION OF FORT PIERCE at Fort Pitta, Fkarids, the sttm of >i s 000 • with interest from data at the rab of7. 75 % par annum, M monthly tnstail- ments as follows: ~ 95.00 on ~ 5th d,y ~ DeCelflber - 192_ and a like sum an the correspa-dutg day of eadt month thert- after until the whop be fully paid. Esch irntallrttent ftnt shall be applied in payment of the Mbrtst and than on 1M unpaid babrta of the principal sum. If dtfauh h made in the payment of sty irtstalk+neM when due, end such defwh eominws ~0 days. then at the option of tM hoide-, and without arty other notNeither ~fonbearartoe, insraikrtenb shall be dw area payabM st arwe. Privilege a given b prepay fhb not. in whole a N part at arty lima without penalty. 4.75 nw acaptartoe by the hoklar thereof aher any defauh Tn any peymerNS hereon. shall be defend •xttnaiort. A Isb paymptt dterge of S ,shall be added b lath irotallrrtent remairtittg wtpaid 7 days after Ile dw date, and a like sttm shall be added b each such k+stalkrtent rernainktg unpaid 7 days after each waeedirtg paymertf des». Each maker. surety and endorser hereof. (oinHY and severally, waivM demand, presentment Protest and notice of protest for nonpayment, and further agrees b arty extension of tints of payment, either i»fon a after maturity. without notice to any of uaJ and to pay all costs Of colhxtion, indtd'mg a reasonable attorney's fee in the event of arty default hereunder, and herby severally waives all benefit of homestead and exemption ur+der the coratitulkxt and laws of lath Stab of the United States, as agairot this obligation err arty extension a renewal htrtof. Witness the hand arty seal of each party. Gei8letC /s/ Alfred O. tSEAq BEAU s Slstsan Geisler tSEAU READ NOW, THEREFORE, the MORTGAGOR far tM purpose of atcvring payment of said cart of >F 1Oe000.00 . and tM performance of tM covenants and agreements hareirtafter expressed, and far divers good and vekuable eortsideratiaa. by these preserNS, does grant, bargain. sell, remises release, convey and confirm unto Mt1ttn~ MORTGAGEE. ib tiJOasaors and assigns„ aH that certain lot, pica err parosl of land, sitwte, lying, and being in tM City ~ St. Lucie and State of Plaids, destr~td as folka~rvs: Lot 21, Block 72, RIVBR PARK SUBDIVISION .UNIT Nb. 9-B, as per plat thereof on file in Plat Book 14~epages 47 and 47-A, of the Public Recozds of St. Lucie County, Florida, RECEIVED =~~c-G_ IN PAYMENT OF TAXES DUE ON CLASS 'C INTANGIBLE FERSC[:41, PdOPERTY, PURSUANT TO CHAPTER 2724, ACTS CF 1341. ROGER POI7RAS, Clerk Grcu~t Cart as Agent tol CANT=L N. KNOWLES, 1R St LucieCsl2e Tax Collector Bp C1'1Q~c~ DEPJfY CIERK together with all and singular tM tenements, hereditanwrtts and appurtartoss 1Mrerrrrto belortgirg or in anywise appert+Wng titereto• and all rants, ktswe„ proceeds and profits atxruirg and b accrue from veld premiws„ all of whkat an irtduded M the above and foregoing dewiption and Mbtrtdtsn. TO HAVE ANO i0 ffQID tM above descrt~ed and granbd pramiws uMO the said MORTGAGEE, its a+aessors and aaigns forever. And tFte said ~'~~ heir heirs, executors, admk+istrabrs and assigrte, hereby covenants whh tltt saW MORTGAGEE, hs etJtxesson and assigns„ rh~T "' Y 8Ie lavrfully seized of the saW prtntiaN M fee sirnpbJ that fire same an free, clear and discltarped from. all Hero and entarm- brartas in kivr or to egtrhy, and th•+ they will and their heirs shall warrant and defend tM title b the same b the wW MORTGAGEE. its stroasson and assigns, forever agaknst tM lawful claims and dentartda of aR persons) PROVIDE, ALWAYS thN H the MORTGAGOR shall pay unb the MORTGAGEE the prorniswry rtWe hereinbtfon dgv~ed and shall truly, prattptly and fully perform, dreciterge, exewb, eanpteb. oorrtply whh and abide by each and every the stiptrlatiorts, agreements, conditions and ooverwtb of said promissory rab and of this Morgage, than this Nbrgage and tM Estate hereby vested shall nave and be ttuR and veld. R LL UNDERSTOOD that rite word "Mortgagor' whether to tM sinpul+r a phrra) anywMn M this Mortgage, shall. be singular if one only and shall bf pkrral loimly and etwralh if more than one, and that fire word 'their' a• wed anywhere k! this Mortgage sltaQ be taken b mean "hie," "ittrs," or "ib," witsrevrfr rite context to impliN or admiq. Akio, that whartwr there is • rehrertoe kt fire covenants and aprtentertb herein contained b arty of rM parties hereto, the same shall be aartrwd b mean as well as tits heirs, kigal representatives. wooessors and assigns (either voluntary by act of the psrtkis a k+voluMary by operatkan of 1M law) of the same and that tM covenants herein coMakted shall bind and the benef'm and advaMaga k+wn ro tM raptctiw bliss, legal nprtaentath+a„ etroassors and aesigrts of the partkas ht-eto. , And said Mortgagors, for tltenwivea and their heir, ktgti npreseMathnt, saaceseon and assigns, hereby jointly and severally eovertartt and agree to end with fire said MORTGAGEE, hs strooessors and assigns: t. To pey all and s6tgular the principal and irtbrest and the variow and sundry twins of money payable by virtw of said prarthaory note, and this mortgage, eadt end awry, promptly on the days r'aaPKt~y the :ante severally beoortte dtJe. R. To pay aN and aYtgular tM taxes, aaeeaneMS, ktniee, liebilhkab obligations and errarrtbrsnas of every stature and kind raw on said davibd property, or that ItereafNr tttay be katpoead. wfferad, vlaa>d• ktvMd, a aeetseed thereon, a that Mnafbr may be ktvied a assteeed upon thM Mortg- age, err tM Mdebtedrnss secured hereby, each and awry, when dw and ptyabM, atxadirt0 b kaw, before they became ddfrtquera, and befan any ktlereq attadws a sty ptnahy sa irtcurredJ AND INSOFAR AS ANY THEREOF LL OF RECORD THE SAME SHALL bE PROMPTLY SATISFIED AND DISCIfARGED OF RKORO ANO THE ORIGINAL OFFK1/1l DOCUMENT RUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL !E PLACED IN TttE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEhITJ and in rite event that any thereof M trot paid, satisfied and discharged veld MORTGAGEE may at arty tints pay the same a any part thereof without waiving a affecting any option, Ilan, equity a .ipM undN or by virtw of this mortgage and the full amount of cads and wary suds payment shall be Mrrrtediately dw and payable and shall bear interest korrt tM date thereof until paid at rate of nine per t»rtterrr par anwm and togNher with such irtt shall seared by the lien of thFs rrtorgtage. ~~1 l9 ~183~