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Home My WebLink About2790 • ~Gra7V V~raf a' THiS INDENTURE, Msd~ the._.._ 3O~t1---.,. Day of ---..__.--.--------__...~!I..a,jl-----------......__------ /1. D. 197~ , betwsen ~ --RCIS~FLI. C. PIEPER>..SR. _ and DONI~IA_L._ _PIEPER~ hi~ v~~e,~. . _ ~ . . ~c, t. of _~t,._~11C~.~.__ County, Flo~id~, Mroinahe? desi~nated u the "MORTG/1GOR;' and FIRST FEDER/1L SIIVINGS /?ND LQMI /?SSOCIATION OF IN~IMI RIVER COUNTY. s corporsNon o~gani:ad u~d exlsting ~x~der the Iaws of tF+~ United States ot M+erica and !»vin~ its printipal plate of buslness i~ tF+s City of Vero Beach, Indian Rive? Gounty. Fbrids, hereinafter designa~ed ss the "MORTG/1GEE" WHE the MORTGACAR is ]usyy~n~y~dj~ ,tM MORTGAGEE in the of '~'en_~Qu$apd Five.H4pd~ed jLQ ~J' (s1V~ a7~Nal~lV_-----_) Ooilars. Qood and I~wful monay of the United Ststos advant~d by Me ~ApRTWGE~ unro tM MORTC/1GOR. as enidenced by s certain promissory note of even date he~ewith, of which the followins in words snd fi~ures is a ttue coPY. to-wit: . s 10,. 500. 00. Na _ . . Vero Beach. F~~~, MaY 30~ - . ~s _ 72 Fa vslue eeteivod 1 w ws jointiy or saveally promise to psy to FIRST FEOERAL SAVINGS M1D LO/1N /?SSOC!/1TION OF INDIMI RIVER COUNTY. N+e suro of SZ~i ~l`!-`-!. at ifs office in Vero Bwth, Fbrida, with inte?est st the ?ate of -----7'-0----- ver cent p~r anwn+. t~ th~ tollowtn~ marw~.: , s~~~__~ ~~pon the prst pf e~d+ ~nd every month hereatter until the full principal swn, with interat, hss bee~ psid; said monMly psy~nants shall bs spplied first to the payn+ent of inte~est on tF+e unpaid balance. snd then ro the psyment of principal. This nofe is ne~otisble snd if defsult in payn~?t oaurs, msy be placed in the lunds of an sttornay af Ww for colkction, in which eve~t 1 0? we a~ree to pay tF+e oosts of collection, including s reasonable atto?ney's fee, snd each of us, whether msker, guannto? or andoaer, hereby sevenlly waives demand, notice of non-wvmant sod protest of this note. /$~__~u~+~ll-~---~e~_r_~--Sr=----- --cs~~i~ /s~ Dnnn~L. Pie~er -------------_--------cs~u In the event amr psyment is not rr~sde prio? to the 20th day of the month when due, then this note shail bear intercst st the nte of iCZ~ fram the dsts any such psyment becsme due a~d th~ouShout N+e period of wch detinquency. _ 8• O state st~rnps paid and cancelkd on origin~l of this note in the amamt of =L~._T~_ . NOW. THEREFORE. the MORTG~?OOR for the purpoat of secu?in~ the psyn~ent of the said wm of S~Qs-~:_Q~____ snd ths ~,erionnance of the covensnts ae~d agrcements hereinaher e~xessed. snd for ~vers ~ood and valwbb cor~sidentions. bY M+ese P~eseMS. does grant. bs~ain~ stll. ranisc. rolease. oorneY a~+d oonfirm unto tF+e MORTG/~GEE its wccessas and assigns. ali that ce~tsin lot, piate w psro~l of Isnd. situate. hrint snd bein~ in the Counb of -----.~Y.. ~~1~-----.__ snd State of Florida. dac~ibed u follows: Lot-27, Block 48, UNIT 5, LAKEWOOD PARK, as per Plat . thereof on file in Plat Book 11, at page 5, of the public records of St. Lucie County, Florida. ~ : s / °~-r° _ n~ P~Y~xr oF ~s! ouE oM ~u?ss ~ i~i?asi~ ~RSOi+~ Pao~r. R06ER~ POITRAS S OF ly/1. CtFM GNCUR oOURT. ST. UIqE DO~. FlJ~~. THIS iNSTREROME D. ~i~v~o eY ~ ~~uir~ $MITH. HfJ~TH. SMITH /1ND C9'N~~ P.0. BOX '318 p~pR10~A 3Z9b0 E together with sll ard sin~ular the tenerne~?ts. hereditamants and appurten~nces thereunto belonging or in anywise appertaining thereto, snd ~ all ~ents, issues, proceeds and p?ofits sccruin` snd to aotrue from said premises, all of which are included in the above and fore~oin~ ds- scription and habandixr~ I TO HAVE AND TO HOLD the sbove destribed and grsnted p~emises unto the said MORTGAGEE, its wccessors and asaiQns Mrover. • I l Md ths said MORTGAC',OR for._~~r_heirs, exeartors. sdministntors and assig~, hNeby covenants with the said MORTG/?GEE, its suoces- ~ the are ~~~;g~, ~t~-~--Y----------~--~_Iawfully seized of the said premises in fee simpk; that the same src frce. clesr snd dis- char~ed.f~an all liens and enamnbtsnces in Isw o~ in equity. snd that ~1~C-- . will and ...LIl@lr- _ hein sl+~ll wsrnnt sed defend the titk to the ssme to the said MORTGAGEE. its wocessors snd sssigns, forever against the bwful tlaims and darrwnds of all persons; PROVIDED, ALWAYS that if the MORTGA~OR shsll pay unt~o the MORTGAGEE the p~omissory note hereinbefo?e destribed, and shall truly. promptly and fulh perform. discharge. execute. canpkte. comply w]th snd abide by each and every tF+e stipulatiau. sgreements. conditions snd aova+~nn of ssid promissory note snd of this Mortsage. then this Mortgage and the Estate F+ereby ueated shall cease and be rwll ard voiA IT IS UNDERSTOOD tF?at the word '•MortQagor•• whether in ilr_ singubr or plural snywF+ere in this Mortgage. shsll be sin~u4r if ons only and shsll be plural jointly and severally if mae than one, and that the word "TF~eir" as used anywhere in this Mort~a~e shall be tsken to mean `•his,•• ••her,•• or ••its.•• wherever the context w implia or admits. Alw. thst whereve. there is a refer~ce in the oavenants and agreements herNn oontained to any of the parties hereto, the same shall be oo~+srn,ed w mean as well as the heirs, legal represantatives. suc- cessors and sssigns (either wluntary by act of the pa?ties or inw~untary by operation of the law) of the same and that the covenants herein caitaincd shall bind and the benefin and advantayes inurc to the respective heirs. legal representatives. successors and sssigns of the parties heret0. Md said Mortgagors. for themselves and their Mi~s. legal representatives, wccessors and assigns, he~ebY jantty and srverally oavensnt and a~ree b srd with the said MORTGAGEE, its waessors and a~igns: 1. To pay sll snd sin~utar the principal snd inte~est snd the wrious snd w~dry wms of money paysbk by vlrtue of said promissflry note, and ti~is mortgage. ~ac~, ~d eMe.r wa.,~ch? on the d~ys ~esoecr~~eh rhe sa~+e sere.siy bec«~e d+,e. 2 To psy all and sin~utu the ts~ces. assesunents. Isvies. lisblliths. obli~stbns and &~a~r~b~anoes of ewry natw~ and kfnd now a+ . said described PropenY. w that hereaher may be imposed. wffered. Plxed, levied, or assessed therean w tF+at hereahcr rr~y be levied or assessed uP~ ~~B~6e. or the indebted~ess setu~ed hereby. each and every. wF+en due snd payabk aocwding to law, befae they be- come delinquent. snd before any interest sttaches a ~ny penslty is incu??ed; and iruofar as any thereof is of recwd the same shall be promptly sstisfied and discharged of record and the orisi~al oHicist donxr~nt (wch as, for instance, the tax reoeipt or the satisfxtion paper offitially endorsed o~ tertified) shall be placed in the 1+ands of said MORTGAiGEE within ten days next aher payment; and in the event t1+~t sny thereoi is not paid. satisfied snd dscharged. said MORTG/~?t',EE may st sny time pay the same ar any psrt ti~eof without waiving w sffetting sny option, lien. equity. or right wder or by virtue of this Mo?tgap. snd the full amamt of exh snd evrye wch payment shall be irrxnediately due and payabk snd shall bear inte?est from the date thereof until paid st tF+e nts of ~Yii~ill~ilLYeii~iiper centum per arr~urn and to`ether with wch interest shsll be secu.ed by the lien of this nwrt~a~e- SeVell 3. To plsce and continuously keep an the buildir~s now a heroafter sitwted on said land snd on sll equipment and persona~ty cov- ered by this mort~sge. with all premiwrn tF+ereon paid in iull, firo inwrsnce in fhe uswl standard policy form. in s wm spproved by tMs MORTCAGEE, snd torr+sdo inswance in the uwsl stsndsrd polky iwm,in a s~xn appro~red by the MORTGAC',EE, in wd~ oompsny a ooe~psnies as the MORTG/1iGEE msy ~rect; and sll firo and tornsdo ieu~usnoe policies on sny of ssid buildin~s. sny interest therein a part M~eneof. in ths aBBre~ste surn aforessid or in exoess tliereof. sh~ll co~hi~ the uswl stsndsrd mortgsgce cisuse or wd+ othe~ clauss ss the Mort~ee may requin. maki~ tM loss under s~id polkies. esth a+d every. psyabl~ to said MORTG/1GEE as its interest may sppesr. and esch snd every wth PolicY shsll bs pron+ptly sssitned and delivered to and held by said MORTWGEE as further seturity to sad mortp~e debt. snd. not less Nw+ ten (10) dsrs in sQvance of the acpintion of ead~ policy. to deliver ro said MORTL/1GEE s renewal thereof, together with s~eceipt for the preredun of wd+ renewsl; snA there shall be no fin a tornsdo irrn+?snte plsced on anY of ssid bu~ld~ngs. sny interest therein or psrt thereof. unless in tM fortn and with the loss payablt as ~foressid: snd i~ tht eve~t srqr wm of mo~ey beoomes WYsbN under wd~ ..,~c-.oo.,:.~,.r.. ~ - a,- - ` ~