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Home My WebLink About3732 A i -1iv V ~i''~ TI ?r T•f THIS INDENTURE, Made the 13th dsy of ~~e~~~'Y , A.D. 19~~, between _ C ar es H. Kapp, Sr. and O11 e B. KapQ, his Nife of Indi:~[t Rive __y Counry F(orida, here~nafter dss' nar~ai the ' yIORTGAGOR," and FIRST fEDERAI SAVINGS AND IQAN ASSOCIATION OF FORT PIERCE, ~ co~poration wganized and ex~ ~ t~ 1 oi 1hs~ ~nited Sta~~s of Amuica and having its principal place of business in tM City of Fwt Pierce, St. lvcie Cou~ty, Flaida,rF~r~in~itetldesipn~ted ss tht "MpRTGAGEE.'" WHEREAS the MORTGAGOR is ju~tly indebtad Is t~ INORTGAGEE in the wrwol ~ 8+2~ , good and lawiuf money of the Un;ted S+ates advanced by tAe MORTGAGEE unto the MORTGAGOR, as evidenced by a cerrain prom~sswy note of even date herewith, of wh~ch the foilowing in words and figuros is a true copy, ro-wit: . ~ s~R., ~nn _ c~n . 1(~19t~4 fort Pierce, Flwida, ~cember 19 72 Fo~ vatue recerved, 1, we or eirher of us, prom~se to pay, wilhoul defaicarion, to the ofde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOtIATlON OF ; iORT plERCE at Fo~t Pierce, F;orida, tha sum of ~$~.~Q.QQ~__, „~,;th interes~ from date at the rate of per ~r.~um, in mo~thly instali- ~nznts as foi!ows: S78 •O0~_ on ihe lOthday of FebrU~,ry 1973 and a Gke sum o~ the correspond~ng day of each mor.th there- atier until 1he whole be fully paid. \ fach ins?allment first ahall be appi;ed in paymenl of the interesl and then o~ the unpaid batance oi the princ~pal sum. If defaulf is made in 1he ~:a~ment of any installmant when due, and such default continues 30 days, then at the opt~un of the holder, and without any other notice, all the remaininq 3 ~nstallments shall be due and payabie at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Ne~ther forebearance, ~ nor atceptance by the hoider rhereof aftar any default i~ any payments hereon, shall be deemed extension. A late payment charge of S 3'9O shalt he added to each installment remaininq unpaid 7 days aft~r its due dafe, and a like sum shall be add~d to each such installment remaining unpaid 7 days after ~ each succeeding paymeM date. ~ Each maker, surety and endorse? hereof, jointly and severally, wa~ves demand, presentment protest artd no~ice of protast fw no~payment, and further ~ agrees to a~y extension of time of paymenr, eithe~ befo~e or after maturity, wirhout not;ce to any of us; and to pay afl costs of collectio~, includ:ng a , reasonable attorney's fee in the event oF any defau~t hrreunder, and hereby severaliy waives alI benefit of homestead ar+d exemption under the conatitution ~ .~d laws of each S~ate of the lJnitEd S~ates, as against this ob:~gation or any extens~on or renewal hereo/. ~ Witnesa the hand and seal of each party. ~ (SEAL) - s/ ar es . aPP, Z. tsenu ~~sEa~~ ~ 30 5~ _Qll le B_ Ka~t~ ~SEqu t ` venue i ~ NO'~N, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S R~2(X]-0~1 ~ and the pe?formance of the covenants and agreeme~ts hereinafter eapressed, and for divers good and vatuab!e considerations, by these presents, does granl, bargain, seli, remise, re~ease, convey and contirm umo the MORTGAGEE, its successors and assigns, aIl that ce?tain lot, piece or parcel of land, situate, (ying, and being in the County of St . Luc ie ~nd $tate of Florida, dexribr! as foltowi: L.ot 11 and the So~th I2 feet of Lot 22, Block B, KILLERS SL~DIVISION~ as per plat thereof oa #ile in Plat Book 4, Page 50, of the Public Records of St. Lucie County, Florida ~ jD~E'$ , ~1 ~ ~ ~ ~ 7~ \ Q~~~~ ~~y11 / ti~~' t~~s ; E~'~ ~ C ~Nj ~ ~~QO~`~,~ ~p" ` ~0 E ~~"ya~~~ ~~~p~1J~~~ st, ; f,~+'W , ~t• i !ogether with a~l and singular the tenements, hereditaments and sppurtances thereunto belonging or in anywiu eppertaining thereto, end all rents, istues, prCteedt and proflts accru~rg and to accrue f~om sa;d premises, all of which are included in the above and foregoing desuiption and habendum. TO HAVE AND Tp Hp~D the above de:u~bed s~d granted prem~ses unto the aaid MORTGAGEE, its successws +nd issig~s forever. And the s~id 450RTGAGOR for t tle lr t,~;~,, executws, adm~nistrators and assigns, hereby covenants with the said MORTGAGEE, ifs successon and auigm, they are , fnar iawfully se~zed of the uid premises in fee simple; that the ssme are free, dear •nd discharged from all liens and enc~rr~ orances in law or in equity, snd that they W~~~ a~ their he;rs sl~all warrsnt and defend the title to the s~me to the said MORTGAGEE, its successors and auigns, faever sgainst the lawful claims and demands of all persons; PROVtDED, AtWAYS that if the AlkORFGAGOR shal! pay unto t}ie MORTGAGEE the promissory ~ote hereinbefore dewibed end shall truly, promPt~y and fuily perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of isid prum~sswy note snd of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOpp that the wwd "Mortgagpr" whether in the singular or plu~a! anywhere in tbis Nlortgsge, shall be singular if one only and ~hall be plural jointly and se•rerally if more than o~e, and that the word "t!tieir" as used snywhe~e in this Mwtyage shall be taken to mea~ "his," "hers;' or "its," wherever the co~teat so implies or admits. Also, that wherever the~e is a reference in the covenants and sgreemenri herein confaintd to any of rhe partie~ herNO, the same shall be construr! to mean as well as the he~rs, Iegal representatives, successor• and assigns (either voluntsry by ~ct of the pa+ties or involuntsry by operation of the law) of the same a~d that the covenants F~erein containcd shall bind and the benef;ts and adva~tsges i~ure ~o the respecfive heirs, fegal representatives, successors and au~gns o{ the pa~ries he~efo. And ssid Mwtgagor:, for themsetves and tfieir hein, iega! represcnfat+res, successors s+~d suigns, hereby jointly a~d severally cwenant and +yree ro and with the wid MORTGAGEE, its successws and assigns: " 1. To pay sIl and singulsr the p~incipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thu mortgsge, each and every, promptly on fhe days respcct~vely the same uverally become due. 2. To pay all and ~7rgvJar the taxes, sssessments, ~ev;es, liabil~ries, obligations snd encumbrarxes of every nature snd kind now on said described croperty, or th~t hereafter may be imposed, suffered, placed, levied, or assessed thereon, or thst hereafter may be levied or usessed upo~ this Mort¢ age, or 1he inckbtedness secured hereby, each and every, when due and payable, accarding to law, before they become delinquent, and befwe any interesf artathes or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPT~Y SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAL OFfICIAI ~OCUMENi (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR TNE SATf$fACT(ON PAPER OFfIC1A[lY ENDORSED OR CfR71FtE0) SHAlt 8E PIACED IN 7NE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event ti~at any thereof is ~ot pa~d, sst'sfied and dischargcd sa:d MORTGAGEE msy at any time pay the same or any part thereof wi~hovt waiving or affecting any option, lie~, equity or •~~ht vnder or by virtue of this mortgage and the full amaunt o1 each a~d every such payment shall be immediately due and payable and sball bear interest ~~om the date ~hereof until pa~d at rate of ~;ne per centum p~r annum and j,pgFth w~th suth interest thall be secured by the iie~ of th:s moryta9e_ . ,,oQx {J ~ ~09 ~~4~ ?~7 : _ : ~ _ _ _ s~ ~~~~~~~.1_~~ ~ . ~ f v ~ _ -