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Home My WebLink About2855 ~Ir-L • • i V ` V THIS INDENTURE, Made the iSt day of Rebrusry A.D. 19 73 ba~+veen _ Rudolf J. Plappert and Ingeborg-B. Plappert. his wife of $t • LtC 1@ County Ftorida, hereinafte~ designared as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATtON OF fORT PIERCE, ~ co~paation ugsnized and ex~sting undr~ the laws of 1he United Statas of Americ~ and havirg in principal placa of busineu in Ihs City of Forf Piacs, Sf. lvcis County, florid~, hereinaf~er desi9nated as ths "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted ro ths MORTGAGEE in the sum of S 17 r-~~-~ good and lawfu~ money of the Un~ted ? States advanced by ths MORiGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissay note of even date herewifh, of wh~ch the iollowing in words and fgures is a frue copy, fo-wit: s 17,000.00 r,~, 10p19367 fwt Pierce. Fia~aa. Rebruarv 1 ~9_~ Fa value ?eceived, I, we w either of us, promise to pay, without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwf Picrce, Flor~da, the sum of = 17~~~•~ w~th interest from date af the ~ate ofZt~u~°6 per annum, in monthly install- <<,e~rs as fotlows: S 135.~ on the 1~~ day of 1Msreh 191~- and a like sum on tF~e cwre~pondlrg day of each month there- after until the whole be fully paid. ; Each install~nent tirst shall be applied in payment of the inte~est and then on the unpaid balance of the princ~pal sum. tf default is made in the ~ayment of any insta~lment when due, and such default continues 30 days, then at the opt~on of the holder, and without any other ~or~ce, all 1F+e remaining ~~~srallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part af any iwne witlx~ut penalty. Neither faebearance, nor acceptante by the ho:der thereof after any default in any payments hereon, snall be deemed eztension. A late payment charge of S~-s1~. shall be added to each instaltment remaining unpaid 7 days afttr ifs due date, and a fike sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, su?ery and endorser hertof, jointly and severally, waives demand, presentment protest and notice of protest fo~ nonpayment, and funher agrees to any extension of time of payme~t, either before w afte? maturity, without ~otite to any of us; and to pay all costs of collection, intlud:ng s reasonable attwney"s fee in the event oi tny default Fxreunder, and hereby severally waives all benefit of homestead and exemption under the constitutan a"d laws of each State of the United States, as against this obligation a any extension or renewal hereof. W~tness the hand and seal of each party. s/ Rudolf J. Plaapert ~AU ts~?u s/ IngeborQ E. Pla~nert ~a~~ ~ ts~?u ~ 2 5• 50 i State Revenue (S?a~w'a-~wnc~ll~d~ ~?-wisiwal ~M~j NOW, THEREfORE, 1he MORTGAGOR fw the p~rpose of securing payment of said sum of = 17 ~ , and the pc~formance of the covenants and agreements hereinafter expressed, and for divers good and vatuable considerations, by these p?ese~is, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successo~s and assigns, all tha~ certain lot, piece or parcel of land, situate, lying, and being in the County of SL . Lueie , and State of. Fbrida, desuibed as follows: - Apartaent IV-203 of COIANNADBS CWDOMINIU~! #i5 according to the ' Declaration of Condoainitm recorded in O. R. Book 197, Page ; 1482 of the Public Records of St. Lucie County, Florida, as ! amended by instruaent recorded in O. R. Book 198, page 996, and further aaended by instru~ent recorded in O. R. Book 208, page 781. TOGET~R WI?H all appurtenances thereto together ; with an undivided interest in the coason ele~ents ar~d the li~ited co~on elements thereof. ~ SIBJECT 1'O the teras, covenants, agreeaents, obliga?tions and ~ provisions of said Declaration of Condoainiwa which Mortgagor ; in all thing~lEloes covenant to Mortgagee faithfully to observe ! and perform. v ~ . s . _ ~ ~ S~ TATE ~F FLOR~~A~ R~EIYED =~-~-L-- IN PAYi.~fNT OF TAXES r ~ DOCUM NTARY r~t~.STA.~ ; A x~ INTAI~IGIBIE PE~iS~3~:at Pn"WERfY, ~ _....r.~- ~ PURS1111NT TO CF111PTER 71-130. ACTS OF 19)1. h~l'~ ~ DEYi.OF RE1tEMNE~~, ~ Qii ~ _ _ - - 2 b. 5 0 ~ ~~T+~ sc ;;o: 3' l i + CLERI( ClRCUI T C O U R T, S~. U l C I E C 0, F U. ~ ~ n d - P.d ~~w~ ~ ^ i!102 ~ $ ^ i ~ogether with all and singular the tenementi, hereditamems a~d appurtsnces thereunto belo~girg w in snywise appertsining thereto, and all ~ents, iuues, ~ proceeds and profits atcruing and to acave from ssid premises, all of which are irxluded in tlx above and foregang descripYan and habendum. ~ TO HAVE AND TO HOID tF~e above destribed a~d granted premises unto the said MORTGAGEE, itt iuccessors and sssiyns forever. Ard t!N said ~ MORTGAGOR fw heirs, executors, administrators and assigns, hereby covenanri with fhe ssid MORTGAGEE, iri succeuors ~nd utipm, ; ~ the~arg_ _ rhat lawfully seized of the wid prcmiKS in fee simPle; that the same are free, clear and dixharged from sll lieru ~nd encum- ; th eir ` ~ b.ances in law or in eqvity, and that thev Mrill and heirs ahall warraM aod defend the title to the s+ms to the ssid %r MORTGAGEE, iti successors and auigns, fwever against the lawful claims and demands of all perwea; - PROVIDfD, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p?omissory note hereinbefwe described ~nd shsll truly, promptly and fully perform, d~xharge, execute, compkte, comply with and abide by cach and every the stipulatio~s, agreements, conditiuns and covenanti of said promisso?y note snd of this Mwtgage, then this Matgage and the Estate hereby veated thall cesse and be null and void. ti IS UNDERSTOOD 1Mt the word "Mortgagw" whether in the singular or plural anywhere in this 1Nortgage, shsll be sinpular if one only aod shall be plural jointly and severally if more than one, and that the word "their" as used snywhere in this Mort9age shall be taken to me+n "his;' "hen," , or "its;' whcrever tbe conteat w implies or admiti. Also, that wherever there is a reference in the covenaMS and agreements htrein coMained to any of ~ fhe parties hereto, the same shall be construed to mean as well as the heirs, Iegal representative~, successon and assgns (either voluntary by ~d of the :-s parties or involuntary by operation of the law) of the same a~d that the covenaros herein contained shall bind and the benefits and sdvantagp inure ro the respective heirs, legal representatives, succeuors and ass~g~s of the parties hereto_ ~ And said Mortgsgors, for themselves and their heirs, lega! representatives, successws and auigns, hereby jointly and severally covenant and agree " ro snd with the said MORTGAGEE, its successors and asssgns: ' 1. To pay ali and singular the printipal and interest and tFx various and sundry sums of money payable by virtue of said promissory note, and this - ' mwtgage, each and every, promptly on the days respectively the same severally become due. ~ 2. To pay all and ~ingulsr the taxes, assesune~ts, levies, liabilities, obligations and encumb~snces of every nature and kind now a? ~aid dexribed property, w that hereafter may be impoted, suffereA, placed, levied, a euesseci thereon, w that hereafttr may be Ievied or assessed vpon this MorTQ- ~ age, or tM indebtedneu secured hereby, each and every, when due a~d payable, xcording to law, be~we they bccome delinquent, and be~ore ~ny interei~ arraches or any penatty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED OF RECORD ANO THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIOtJ PAPfR OffICIAIIY ENDORSED CR CERTIfIED) SHAIL BE PtACED IN THE HANDS OF SAID MGRTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not = pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereoi witho~t waiving or affecting any optio~, lien, equity or ~~qht under or by virtue of this mortgage and the full amount of each and every such payme~t shsll be immediately due and payable and shall be~r interest r~om the date thereof until paid at rate of ntne per cenrum per annum end tog,NRer w~th svch interest shall be secured by the lien of th:s mwyta9e. ~ g0~r 210 f''C~2852 E g,.~ . . . , . _ ~ _ _ _ . a_. , . . . . 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