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HomeMy WebLinkAbout0880 ~~51~9 THIS INDENTURE. Mad~ t ~th ~y ,f ` Marcb A.D. 1972 ~ betwten Alfred O. Ge~s er an ~usan e s er~ s w e ~ • • - ~ ai St. Lucie Cp~~~y Florid~, hereinaitN dt~ignateJ as tt~e' 'MORTGAGOR;' snd FIRST FEUERAI SAVINGS /~ND IOAN } ASSQGIATION OF fORT PIERCE, ~ torpa~tion oryanized and ex~ttin~ unda tM lawi of 1hs U~~t~d Stat~s of Ame~ka ~nd havinp iri principal place of buuneu in th~ Ciry of fon PiKC~, St. lucN Counry. Florida, M~~i~~fttr d~tiynated ai tM "MORTGAGEE." . WHEREAS tM MORTGAGOR is j~rstly indebMd to tht MORTGAGEE in ths sum o( =21l~0'~ ~ goa! and lawful money of the Un~tcd Ststei advanced by the MORTGAGEE unto the MORTCaAGOR, as evidented by a cerlain promissory note of even dat~ hertwitb, of which the followiny in wwds a~d figure~ is a trw copy, lo-wit: s 21~000.00 ~ 3-18,058 Fort Pierce. Florida, ~rCh 7~ 19~ For value receivcd, 1, we or eithcr of us, prom~se to pay, without defalcation, to ~he order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF r~~ ! FORT PIERCE af Faf Pierce, Fbrida, the sum of S 21 with interest from date at the ~et~ of 7~7"76 per ~nnum, in monthfy inftalb ments u foltow~: = 173 on the 1St d~y of ~y , 19 72 a~d a like sum on the corrNponding day of each month there- after until the whole be fully paid. Each insullment first shall be applied in payment of the in~erest ar?d then on the unpaid batance of the princtpal sum. If d ault is m+de In ths ~~ayment of any instailment when due, a~d such default continues 30 days, then at the option of the holder, and without ~ny othet ~otice, all the remaining ~nstallments shall be due and payable at once. Privile~e is give~ to prep~y ihis note in whole w in p~rt al any time without pen~hy. Neither forebea~ance, nor ~cceptance by the hotder thereof after any dafault in any payments hereon, shatl be deemed extension. A late payment chsrpe of = 8.65 ~ , added to each installment remaining unpa~d 7 days afMr its d~?e date, and a like s~m siull be sdded to each such installment remaining unpa'~d 7 days aftH f each sutteediny payment date. Each maker, surety and endorser hereof, jointly and severatly, waives demand, presentme~t p~otest a~.s~ nolice of protest fw nonpayment, and further agrees to any eatension of time of psyment, eithcr before or afte~ maturity, without notice to any of us; and to pay all costs of collectio~, irxludlnp a reasonabk attorney's fee in tl~e event of any default hereunder, and he~eby severally waivcs all bcnefit of homestead and exemption under the constiNtion and Iaws of each State of the United Statcs, as agsinst this obligstion ot any extension a renewal hereof. Witness the hand and seal of each party. s/Alfred O. Geisler (s~AU (~?U s/Susan Geisler ~u (s~?U 31 ~ SO t Stat~ Revenue NOW, THEREFORE, the MORTGAGOR for the r of seturi 21 • OO , and th~ pu pose n9 payment of said wm of s performance of the covenanb and a9reements he?einafter expressed, and fw divers good snd v~luabie conside?ations, by these presenri, does gra~t, baryain, sell, remiu, release, tonvey snd confirm unto the MORTGAGEE, iri sutcessas ~nd suigns, all tFwt certsin lot, pieoe w pucel of lsnd, situat~, lyit~g, and beirg in the Counry of St. ~.i1Cie and State of Florida, described as foilowt: Lot 21, Block 72, RIVER PARK SUBDIVISION - UNIT NO. 9-B, as per plat thereof on file in Plat Book 14, pages 47 and 47-A, of the Public Records of St. Lucie ; County, Florida,? f ~ ~ ~ ~ ~ ~ . ~ 5~ T'~?' ~ F~~ r~ O~:1 t~ r ' pECpYED pl PAYI4QR OF LIXES DOC~MENTl•~` S7<.NP T~X 3 oue oM n~?ss ~ art~ewret~ ~~Rn, ~ z _ = d•~="~ - _ ~ , ~u~t To awra~ n-ix. ~crs oF i9n. rr~~ ~ ~ - N1e-~7z 3! 5 0= g ~i~ C~ ~ lld~ C0. FL. (p V 9fiT. W RLMEICBE ' _ ~ ~,190112 = e a v 4 ~ fogetMr wGth all snd singular the tenements, hereditsmenb and appurtances thereunto belonginy or in anywise appertain(~p N~er~to, ~nd ~II renb, iuws, ~ pro;eedi and profin accruing a~+d to accrve from s~id prtmises, all of which are incl~ded in tF~ ~bove ~nd forpoi~ de~criptio~ and h+bend~wn. TO HAVE AND TO HOW, the ~bove described and yn~ted premises unto th~ said MORTGAGEE, ib succ~uors and ~uipra fw~ver. Md fM said their ~ MORTGAGOR fw hein, ~xetuton, ~dministntws and auigns, htreby cov~nsnts with iM said MORTGAGEE, its wccessors and ~aipro, - they are rhar lawfully seized of th~, wid prem~sas in fee iimple; th~t th~ same are fr~e, clesr and disch+ryed from ~II li~m ~nd encwrr brsnces in I~w w in equity, snd that they will ar~d the1Z hein sMll warru?t u~d d~f~nd th~ titb to tht sam~ to tM wid _ MORTGAGEE, its ivccessors and assiyns, fpever apairot the lawful claims snd dem+nds of all persons; - PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE th~ prorri~s~ory not~ F~ereinbefort dtwib~d and ah~ll ttuly, promptly and fully perform, dixMrge, execvte, compbte, comply with ~nd abide by each and every the stipulations, agreemenb, conditions and oov~nanb of said - promissory note ~nd of this Mortyaye, the~ this Mwtgaye ~~d tM Estste hereby aeated sh+ll ceue and b~ null and void. IT IS UN~ERSTOOD thst the word "Mwtyapor' whether in tl~e singular a plvral a~ywher~ in fhis Matysye, shall bt unpuf~r if on~ only snd ~ shall be plvral joi~tly ~nd severally if more th~n one, and that the word "their" as uted anywher~ in this Mwtyay~ ahall be taken to mean "his,•• •'tKn•• or "iri;' whereve~ ti~e conteat w implies or admits. Also, thst wherever there is a r~ference in the cw~n~nb +nd ayreemenb herein contairnd to u~y of i - the p~nies hereto, the same ~hstl be construed to me~n ss well u ths hein, leyal represent~tives, s~ccssson and ~ssi~ru (tithtr voluntary by sct of tM ~ _ partiet or involuntary by opention of the lawy of the su~re s?~d thst the covenants herein contsined shall bind ~nd tM benefin and adv~ntapes inw~ ~ to the respective heirs, kyal representatives, wcceuws and ~u'yns of th~ psrti~s hereto. Md uid Mortgpws, for themselvd and their hein, Ipal represeMatives, succeuors and aispns, hereby jointly and severalty covtn~nt ~nd pne ~ = ro ~nd with the ~aid MORTGAGEE, its ~uccessors ~nd auiyns: ~ - 1. To pay sl! ~nd sirgular the principal ~nd interest ~nd tFw wr"wvs ~nd sundry wms of ma~ey payable by vinw of said promissory not~. ~nd tha mort9s~e, each and every, promptly o~ th~ days respectively tFw same ~ev~rally becorn~ dw. ~ 2. To p~y all and sirqulu the taxd, assesunenb, levies. Ii~biliY~, oblisations and e~cumbr~nces of every n~tur~ ~nd kind raw on said described Prope?~Y, a that hereaher • may be imposad, wffered. Placed, levied, or assessed therea+, w thst herafter may be Iwied w asses~ed upon N~is Mortp- age, w tM irwl~btedness sec~red hereby, each and wNy, when dw and payable, accadirg to law, befw~ tF~ey bacane d~linqveM, and bsfat ~~r i~ts~est attaches w a?ryr penalty is incvrred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1E0 AND OISCHARGED OF _ RECORO AN~ THE ORIGINAL OFFICIAL DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFPICIALIY ENDORSED ~ - OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; and in the want that ~ny thereof is no~ paid, sst:sfied and distharged sa:d ARORTGAGEE may ~t any time pay the s~me w any part thereof without wairiny or affectinp u~y optio~, lien, eq~ity or _ ~~qhf under w by virtue of this mort9age +nd the fufl amount of esch and every iuch payment shall be immediately due and payable ~nd shall bear intereit ~.om the date thereof until paid ~t rate of nine per centum per ~nnum and toyethe~ w.t s t~{e t shall be secur by the lien of th:s mor~t~e. ~ . _ aOGK ~V~ MCE 8 ~ ~ ; - - _ - - ~ } - ` ~ ~ ; ~ r : ' _ v ._x._... __rr_~_.e,., . _ ~3 _ - ._--r: