The URL can be used to link to this page

Home My WebLink About0909 ^+w,s'.Ya~p ~ THI$ INOE~ITURE, Made the _ Oay of JU~?i. . _ , q, p, 19 72 , betHeen EDGAR. H. KLUEPPELBERG, jR. , and SHARON L. _KLUEPPELBERG,_ his wife,. uf St, Lucie ea,nty, Fb~ida, hereinafter desig-~atad as the "Iv10RTGAG~JR," ancf F~RST FEOERAL SAVINGS AND LOAN ASSC~C~ATiON OF INDIAN RIVER COUNTY, a corporatiun ~•;a~~ze~i and existing under the la.vs of the United States of Amcriw and having its prinupal place of business in the City of Vero Beach, In:::.~~ River County, Florida, hereinafter designalet! as the "MORTCAGEE." Wi~ EREA the ~z GACAR is ~ustjy,,j n~~ yQ,,~he MO:LTC ~GEE in the sum of Twenty-Three Thousancl Six Hundrea SIl~ 110~W- (S LJ~ OW. 1111 ) D::'..~s. ,;ood and tawful m~ney ot the Unitc~ Statcs adv~nced by the ~ MORTGAGEE unto the MORTG/1COR, as evidenced by a te?tain prcm~ssory note of eve~ date here:Yith, of which the followinQ in wo~ds i and figu~es is a true Copy, to-wit: } • : s23, 6U0. 00 N~. . _ Ver~ f'orida. - - J~lY-11~ - - - 197? For value received 1 or we iointly or severally promise to pay to FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF INDI/1N CJVER COUNTY, the zum of S2a3~.6~..Q~_ at its o(fice in Vero Beach, florida, with interest at thr rate of ._.7.5 per cent per annum, in the following manner; ;~4..4~.__. upon the first of each and every month hereatter until the full principal sum, with interest, has beeh paid; said monthly payme~ts shall be applied first to the payment of interest on the unpaid balante, and then to !he payment of printipal. This note is ~egotiable and if default in payment occurs, may be placed in the hands of an attorney at taw for collectio~, in which event I or we agree to pay the costs of tollettie~, intluding a reasonable attorney's fee, and each of us, whether maker, guarantw or e~dwser, ; hereby severally waives demand, notice of non-oavme~t and protest of this note. /s/ -.Eclgar._H.__ K1u~p~elb~rgF--Jr..- - --ss~a~~ . _ f s/ __Sha~'Q~_~...._..K1.ueF~lkexg-- - --cs~a~~ 8, ~j In the event any payment is not made prior to the 20th day cf the month when due, then this note shall bear interest at the rate of 7~}4°~i from the date any such payme~t became due and throughout the pe~iod of such delinquency. ~tate stamps paid and cance(led on original of this ~ote in the am~wnt of s.35, 4.~_ NOW, 7HEREFORE, the MORT~A(',pR for the purpose of securing the paymen~ of the said wm of S?~a_~?~~.QQ______ and the uerformance of the covenants and agreements he?einafter expressed, and (or divers good and valuable consideratior~s, by these presents, does g~ant, ba~gain, sell, remise, retease, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of land, situate, lying and being in the County of St.__~.rUCI~.. _ and State of Florida, described as follows: Lot 13, BZock 4, SILVER LAKE PARK SUBDIVISION, according to the Plat thereof recorded in Plat Book 10, page 4, of the public records of St. Lucie County, F lorida . THIS ifVSTRliM"c^1T ~VAS PREDARED BY _ - A JEROA~tE D. QUINN S~A T L~F ~ L O R I~ H HEATH, SMITH ANO O'M1~lIR$ Tpo~ STAMP TAX P•o. eox s~a v ~ DOCUi~1EN ~ v~o e~cH. ~e~a? ~sbo ~ Q ~ ~ ~ ~ a _ 3 5 - ~ ` , ~ _ .iu~ie~n ' i ~ = 4 0 = ~a~ss ~ u~, N V oEPT.Of R[1ffMYE • ~ = _ P.B ~9o~i: . 'f ~ ~ MM~ ~pp~lt ltA: . ~ ~ together with al! and singufar t!~e tcnements, hereditaments and appwtenances thereunto belonging or in anywise appertaining the~eto, and alt rents, issues, proteeds and profits atcrui~g and to accrue from said prem+ses, all of which are incl~cied in the above and foregang de= scription and habendum. TO HAVE AND 'f0 HOLO the above described and granted premises unto the said MORTGAGEE, its suctesv~rs and auigns fo~ever. And the said MORTGAGOR for ~161I- heirs, executors, administrators and assigns~ hereby covenants w;th tFx said MORTGAGEE, its wcces- sors and assigns, that _~ey_aTe_ ___._______lawfulty seized of the said premises in fee simpte; that the same are free, clear and dis- charged from all liens and encumbrances in law or in equity, and that ~1~~ will and .~l@1T heirs shall warront and defend the titie to the same to the said MORTGAGEE, its successors and assign;, forever aga+~st the lawful claims and demands of all persons; PROVIDED, Al.WAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed, ar?d shall truly, promptly and ful~y pe~form, d~scharge, exetute, tomplete, comply with and abide by each and every the stipu(ations, agreements. canditions and covenants of said promissory note a~d of this Mo~tgage, then this Mortgage and the Estate hereby created shall cease and be ~ull and vni~1 IT IS Ut~DERSTOOD that the word "Mortgagcr" whether in tFw singular or pluial anywhere in this Mortgage. shall be singular if one only and shatl be plural jointty and seYerally it more than one, and that tFe word "Their ' as used anywhere in tt~is Mortgage shall be taken ' !a mcan "his," "her," or "its," wherever the contezt so impiies or admits. A~so, that wherever there is a refere~ce in the tovenants ard agreements herein contained to any of the parties hereto, the same shaff be construed to mean as well as tne heirs, legal ?epresentatives, suc- cess~rs and assigns (either voluntary by att of the parties or involun:ary by operaficn of t}?e faw~ of the samc and that the tovenants herein c:.~tainrd shall bind and the benefits ~nd advantages inure to the respective heirs, legal representat~ves, successors and assigns of tFw: ;,arties hereto. ' And said Alortgagors, for themselves and their heirs, legal representatives, wccessors and assigns, hereby jeintly and severally tovenant and agree to and witn the said MORTGAGEE, its successors and assigns: 1. To pay a(1 and singutar the principal and interest and the various and sundry wms of money payable by vi:tu~ of said promissory note, and this mortgage, each and every promptly on the days respect~vely the same severally become due. 2. To pay all anci singulat the taxes, assessme~ts, levies, :i:;:.ilities, obligations and intumbrantes of every nature and kind now on ~~d described pr~perty, or that he~cafter may be imposed, suffered, ~IaceA, lev~ed, or azsessed there~x~ or that hereatter may be Ievied or a~sessed upon this Mortgage, or the indebt^dness secured hereby, ea~r artd every, when due and payable according to law, before they be- c:me delinquent, and be!ore any interest attaches or any penaft~ is ~.c 3nd ins.,far as a~y th~~-eaf ~s of ret~rd the same shall be prompfly sat~sfied and discharged uf rccord an:! tF.e original official doeument 1,.~c• .,s, tor instance, ~tie tax rexipt or the satisfaction paper ofiieially endorsed or certified) sha!f be p;aced in the hands of said MORTGr:,^r tv.~.•~n ten days r.ext after payment; and in the event tFwt any the.reof ~ :s n~t paid, satisfied and diuharged, sai~ MORTGAGEE may at any :i,:~e pay the sarn~ or any pa~t tF~reof •nitMut waiving or affetting any option, iien, equ~ty, or right u~der or by virtue of this Mortgage, and t?+e full amount of each and every sucfi payment shall be immediateiy .:ue and payable and shafl bear interest from the date thercof until paid at the rate of]~p[7iX~L~p(t7id{~s per centum per annum and together w~th s~ch inre.est shall be secured by the lien of this mortgage. S@V@Il SRt~ OCIe-~1SIf 3_ To place arsd c^nrinuously keep o~ the buildings now or hereafter situated on said land and on all equipment antl persona~ty cov- cred by this mortgage, w~t~~ aIt premiums ~hereon paid in fuil, fire i~surance in the uiua! standa.d poticy form, in a sum approvcd by tl.c "~ORTGAG:E, and tornaao insurance in tF.e usual standard policy form,in a sum approved by the MORTCAGfE, in wtfi tompany or tompanies :.s the MORTGAGEE may dirett; and all fire and tornado inwrance palicies o~ any of said buiidmgs, any interest therei~ o? pa~f thereof, in the aggregate sum aforesaid or ;n excess thereaf, shall contain the usual s?andard mo.tgagee ciause o. such other clause as the Mortgagee may ~equire, making the loss u~der said policies, each and every, payable to said MORTGAGEE as its interest may appear, and each and every ' such policy shall be promptty assig~ed and de(~vered to and hefd by said MORTGAGEE as fu*r~+er secu.iry to said mortgage debt, and, not ~ess than ten (10) days in advance of the expiration of each poliq, to deliver to said MORTGAGEE a renewal thereof, together with a reeeipt fcr the premium of such renewal; and there shall be ~o fire o~ tornado insurance placed on any of sai~ buitdings, any interest therein or ~ part thereof, unless in the form and with the loss payable as aforesaid: and in fhe event any wm of money becomes payable unde~ wth - ~ ~ Re-soo-~~ se_ rea ~ BOQK2O~ PAGE ~ , ~ ~ : = . ~ < ~ ~ `~-.~~.g=~ . ~ o _