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?H1S INDENTURE, Mad~ ~t~• 21s t d,y Mara~i~ ~ r'! M~ ~ t~ ~0 73
_ b.,w..,,
;
Robert J. Krenzer and Sharon W. Kretis~z his~wtt~
of Co~nly Flotid~, hKtin~ftK dtsiynated u th~ "AIIORT(iAGOR;' ind FIRST FEDERAI SAVINGS AND IOAN
ASSOCt/1T10N OF FORT PIfRGE, ~ oorpaatian orpanl~d u~d ~xiitiny under ~M laws of tM lJeiqd S~~a pf Am~riu ~nd Mvirg hs pti~tip~l pl~c~ of
buiinus in tM City of Wrt PiKa. St. luci~ Counry. Fbrid+~ Mt~IMNff I~N~M1~I a{ NN "MORTGAGE~"
WHEREAS th~ MORTGAGOR b iwtly ind~bt~d to th~ MORTGAGEE in tM sum of ~ 29 s 2~ 9ood and blwfvl nonry oi 1M United
Statss advs~ced by th~ MORiGAGfE vnto th~ MORTGAGpR, as evidenced by a cer~ain promiuory ~?ot~ of ~wn d~t~ her~wiA?, of which tf?e followinp f~
wor r a trw copY. to-wit:
10019S97
~ ~ P~.~.. F~«:d., March 21 NO
~Q
Fw value received, 1, wa w eitMr of vs, p~omiie to pay, wi~hout defalcation, to the wde? of fIRST iEDERAI SAVIYGS AND IOAM ASSOCIA7{flN OF
FORT PIERCE at Fat Pierce, fbrida, the sum of = 29 ~ Z~ with intereit irom date a1 tM r~h of 7• 96 per anqum, in ~+wnthly inNal6
ments +s fottows: = 216.~ oo the lOLhday of May ~ 19 73 ~nd a lik~ sum on the cwrefpo~di~g d~y of exh menth ~herr
after until Ihe whole be fully paid. _
Esch installment first shall be applied in p~yment of ?M interest ard ~hen on the ~npaid t»lance of the pri~cipal wm. 'It ~fayh is msds tn tM
payment of any installment wlxn due, and wch defa~tt cortti~ues 30 days, then at the option of the holder, and withwt any other notice, all the remaininy
~n:~allme~ts sha{I be due and payabk ~t once. Privilege b 9iven to prepay this note in whole or in p~rt at u+y time without penatty. Neither torebesranee, ?
nor acceptance by the holder tl+ereof after any default in any p~yments hcreon, shal) be deemed extens'wn. A late payment charge of s l~ sl~all bs
added to each installme~t remaininp unpaid 7 dayt after 1ts dus date, and a like sum shall be added to e~ch :uch installment rem~ininy unpaid 7 day~ after
eacF? succeeding paYment data ' t
Each maker, surery snd endorser hereof, jointly and ieverally, waives demsnd, p~esentmeM protpt and notice of proteit fw nonpayment, snd further ~
agrees to a~y exlension of time of payment, eitFxr before or aiter maturity, without notice to sny of us; and to pay all costs of collettion, includinp ~ j
rea:onabk stto?ney's fee in the avenl of any def~u~t here~nder, and hereby severatly waives ~II benefit of homestesd and exemptio~ under the co~sfifution
and laws of each State of the United States, as agsinsl this obligatwn ot any extension w ronewal hereof.
Witness the hand and usl of c+ch party.
I
RobeZt .7_ Kretnipr ~q
(s~?U
(5~?U
43.60 S~ren W _ ILe~~or ~q
t ~ ? State Revenue
(L~a~wp~ sa~~elled.ow.onigir~twot~)
MOW, THFREFORE, Ihe MORTGAGOR for tM purpose of securiny p~yment of ssid sum of ~ 29 ~ 2~' ~ .+nd the performance of ths
coven~~ts and eyreements hereinaher exprcssed, ~nd fw d~ven good ~nd valwble consideratio~s, by thes~ presents, does grant, bsr~sin, sell, remise,
retease, convey ~nd confirm uoto the MORTGAGEE, in wcccssors and auipns, all thst cert~in lot, piete or parcel of land, situate, (yin9, and beinp io the
County of St . Luc ie and State of Flwida, dewibsd u follows:
The West 16 f~et of Lot 2, Lot 3 and the East 17 feet of Lot 4, i
Block 21, RIVERDALS YACHT CLLB BSTATBS, LNI2 NO. 2, a?s per plat
thereof on file in Plat Book 6, Page 40, recorded in the Public
Records of St. Lucie County, Florida,
~
m ~ ~
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~`r' o~ . os ARY M P F~X ~ .
I h o ~ = ~77j ~
c ~ °f RE~ i ~.D
{ o = ~N42 • v-0 ~ ~~i~D f IN PAYMc~+~T OF T~.:('"'
t~tiE OU CIASS 'C' INTellYfsi81.E PERSONhI VROP~..: • i
~
€ ?+,i~Nf TD CNAPTER 71•134. AiCTS t~ lsls
R06ER POITkAS
;ry,
~~T rXMIRT, ST. U1Ctf ~-Y`. . ~
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~ togethet with sll snd singular the tenements, hereditsments ~nd sppurtances thereunto belagug or in anyw+se appertaininQ thereto, +nd ~II renn, iswes, !
~ pr«eeds ~nd profits scvuing and to acuve from ssid premises, sll of wFiKh ue included in the sbov~ and forepoiog descriptan ~nd h~bend~rm.
TO HAVf AND TO HOID the above desvibed snd gnnted premisei unto the said MORTGAGEE, iri suouswn and auipns forewr. Md th~ ~ald
I4~ORTGAGOR for th@ir `~;,a~ executon, sdministnton and suigns, hereby covenanb with fhe said MORTGAGEE, its wocessas and ~ssiq% ~
~ that the~ a*e lewfully x~zed of the said premises in fee simple: th~t tl+e sams a~e free, cku ~nd discF?~ryed from all liens and ~ncwer ~
brances in law o? in equity, and that they W~~~ their FKin shall warwnf and defend the title fo the iame fo tiw said ~
~ MORTGAGEE, its suaessors and suig~, forever sgainst the lawful claims and dem~nds of sll perwro;
PROVi0E0, AtWAYS that if the MORTGAGOR sFw~U psy vnto the MORTGAGEE the promissory note hereinbefore desuibed snd shall truly, promptly ~
~ and fully perfwm, discharge, exacute, compkte, comply with and abide by esch and every the stipulaYan, spreemenls, conditions ~nd oovenanri of said }
~ promissory note and of this Mwtgsye, then this Mortgsge and the Estats hereby aeated shaU cea~e and be null snd void. ~
IT IS UNDERSTOOD th~t the word "Mortgayor" whethe? in the singulsr or plwal ~nywhere in this Mwt9spe, slull be sinyvlu if on~ only ~nd ~
e shall be plural jointly ~nd sevaslly if more tMn one, snd that the wwd "their" as tned anywhero in this Mort9sye sh~ll be taken to mean "ha:••'h~n••
~ or "in," whereve~ the context so implies or sdmits. Atso, that wherever there is a refe~ence in the covenann and ~yreemenb herei~ cootained to arry of ~
~ rhr parties herefo, the ssme shs1l be consnued to mean ss well ss the heus, ky~l npresentstives, s~ucsson and assigns (either volw?fary by ~ct of ths
~ parties w involuntary by operaian of the Isw) of tMe same snd that the cove~+~ts herein contained shsll bind ~nd the benefib and ~dvaMapes inur~ W
~ ro the respectiw heirs, leyal representativa, succeswn and asi~ns of the puties hereto. Q
~ a.
Md said Matgagors, for themxlves and their heirs, legsl represematives, succeuors s~d asaiyns, hereby joiMly ar~d severslly covenant and pree
~ ro and with the ~sid MORTGAGEE, its succcssors and sui~ra: ~
~ 1. To p~y ~II and iu+yular the principst sod i~terat and th~ wrious and sundry wms of money p+Y+ble by virtue of qid promiaso~y rwts, and this ~
mortgaye, each ~nd every, promptly on the dayi respectively tl+~ same sev~wliy becoms dve. ~
~ 2. To pay ~11 and si~Qvlar the taxa, usessmenq, levies. IiabiliY~es, oblgafans ~nd s~nnnbra~css of every nahne and kind now on s~id dsscrib~d ao
woW~h?, o. that hereaher may be im~o~ed, suffered, placed, levied, a•uessrd therson, w th~t here~Aa m~y bs fwied a usessed upon Nds Mor~ o
+ge, or fhe indebtedness secvred hereby, sach and erery, wMn due and p~yable, auordiag to law, befae th~y becane delinqw~?t, and befon any im~r~st Ot°
atlaches or aey perwlty ia inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD 1HE SAME SHAII dE PROMPTLY SATISFIED AN~ DISCHARGEO OF
RECORD AND iHE ORIGINAI OFFICIAI DOCUJNENT (StKH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfAC71pN VAPER OFFICIALLY ENDORSED
OR CfRTIF1ED) SHALL dE PLACED IN iHE HAN~S Of SI?10 MORTGAGEE WITHIN TEN OAIIS NEXT AfTER PAYMENT; and in the event th~t My thereof a na
paid, s~t:sfied and discharyed ~a:d MORTGAGEE may at any time p~y tht same or ~ny pan thersof withouf waivirq a af(ectinp ~~y option. lie~, eqvify or
•~qht ~nder w by v~tue of this mortysye and rhe full amou~t of each and ~re?y wcl+ p~ymsnt shtll be inwnediately due and payabk a~d sF?all bear intKat
~•om tFw d~te thereof umil p~id at r~te of nine per centvm pe~ ~nnum ~nA toyethe? w~th wch interesf shall be secwed by the lien of th:a mor9tp~.
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