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THIS INbENTURE. Made the ._._.2bLh - D~ay of . . w~11 - _ _ . . . . A. D. 19 ~3 . betwee~
. _ EDGAR H.. KLUSPPBLBBBG, J8. and SHA~tON KLUBPPBT.BSBG,. his...wife
of $t ci@ . _ Cax+ty, Fbrids, he~elnafter desi`nsted as the "MORTG/1CAR;' and itRST FEDER/1L SAVINGS AND
LOAN l~~SOC~i~'(ION OF INDIAN RIVER COUNTY, s corpaation orga~i:ed snd existinQ unde~ the laws of the United Ststes of Ame?ita
and having its p~intipal plate of business i~ tho City of Vero Beach, Ind~an River Cou~ty, Flwids, he~einafte~ de~ignaled as the "MORTG/1GEE."
WHEREAS tF+eM~t
~T~,/~GOR is justly ~ie~de~t tQ ~he MOR7GAGEE in the sueq of ~1@At~1 .'~Q_ TI101388Yid .F~.Ye .
Hundr.ed Stld ri0/lOD lt ._ZZ~S~.iitl Ootlars, •good and lawfut money of the U~ited Statcs advanted by the
MORTGAGEE unto the MORTGJICOR, as evldented by s te?tain promissory note of even date hercwith, of whith the followinQ in worAs
and figures is a true topy, tawit:
S 72.~ S~U. No.
Vero Beach, F~o~~ds. - APril 26, . - - - - - - - ~y 73
Fo~ value received 1 or we jantly or severaily p~omise to pay to FIRST FEDERAL SAVINCS AND LOAN ASSOCIATION OF 1NDIAN
RIVER COUNTY, the sum of S 22t500•~~ at its office in Vero 6each, Florida, with interest at the rate of _ 7.75 '
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per_ce~t per annum. in the followinQ manner: ;
s___..__l~?9_•~~._. upon the first of each and every month he~eafter until the full principal sum, with interest, has been paid; said ~
monthly payments shall be applied first to the payment of interest on the unpaid balar?ce, and then ro the payment of principal. ~
This note is negotiable and if default in payment occurs, may be placed in the hands of an attomey at law fo~ collection, in which
event 1 w we agree to pay tF+e tosts of tollettio~, including a reasonable attomey's fee, and eath pf us, whether maker, guarantor or endo~ser,
hereby severally waives demand, notite of rwn-oavment and protat of this note.
~sj,_Bdgar _ H_. _ R1~eppelberg,Jr_~ - - --c5ea~~ ~
/sj__Sharon__Kl~e~pelberg------------- _ -lsea~> ~
In the event any payment is not made p?ior to the 20tf~ day of the month when due, then this note shaN bear interest at the rate of
8•
759b from the date any such payment became due and throughout the period of such delinque~cy~ '
State stamps paid and tancefled on original of this note in the amount ot f__ 33.. , .
NOW, THEREFORE, the MORTGAGpR for the purpose of securing the paymee+t of the said wm of S-~~-s S~Q-•QQ and the t
Nerfarmance of the tovena~ts and agreements Frereinaher eacpressed, and for divers good and vatuable considerations, by these presents, does '
grant, bargairi, sell, remise, release, tonvey a~d confimn tmto the MORTGAGEE its successors and assigns, all that certain lot. piece or parcel of ~
land, sitwte~ lying and being in the Couny of $t.. ..IdiC~~__ and State of Florida, destribed as follows: '
The East one-third of all the combined lots~20,21,22, ~ 23, Block 3
Wagner Subdivision, lying and being in Tdagner Subdivision as filed
in Plat Book 9, Page 74, Public Records of St. Lucie County, Florfda.
RECEIVEt1 IN PAYMENT Of TlIXES
OUE ON CUISS'C' INiM16161E PERSOR4l ?^O.~E~~!, .~s ~r?st~~ment w.n PreParee $v ~
PURSUANT TO CFiAPTER 71-134, ~crs oF 1yii. c J. D. BAKFR, 1R- ~
aosot Pa~+s rn ~
C1ERK CIRCl1R COIMtT~ ST. WCIE O~y FLI, FiSt F'd^-ral Savi-^.~ ar~t l-~
As:•n of tn.~,_n i~.ivcr C-,,.,..
~r,.~,' ; t,•. r`,. _ P . . ~
. ~ ; ~ ~ ~ ~
together with all and singular the tenernents, hereditaments and appu~tenances thereunto belonging or in anywise appertaining thereto, and
all rents, issues, proteeds and profits accruing and to accrue from said premises, all af which are included in the above and foregang de-
scription and habendum_ •
TO HAVE AND TO HOLD the abwe destribed and granted premises unto the said MORTGAGEE, its wccessors and auigns forever. ~
And ~he said MORTGAGOR fo~ ._their_~;n~ exetutors, administretors and assigns, hereby corenants with the said MORTGAGEE, its wctes-
sars and assigns, tf,ar theX__ are__________.~Wfully seized of tF?e said premises ;n fee simpte; ihat the same are free, clea~ and dis- i
charged from all liens and encumbrances in law or in equity, and that they w;ll and ...the~ heirs sha11 warrant and
defend the title to the same to the said MORTGAGEE, its successors and assig~s, farever against ihe lawful claims and demands of all persons;
' PROVlDED. ALWAYS that if the MORTG/1CAR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and -
shall truly, promptly and fully perform, dixharge. exetute, complete, comply with and abide by each and every the stiputations, agreeme~ts.
E conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and 5e
i null and vo~~l
~ IT IS U~lDERSTOOD that the word "Mo~tgagor" whether in tM singular or plu?al anywhere in this Mortgage. shaN be singular if one
on(y and sha11 be plural jointly and severally if more than one, and that the word "Their" as used anywhere in this Mortgage shall be taken
~ to mean "his," "her," or "its." wherever the context so implies or admits. Atso, that wherever there is a refere:~ce in the covenants and
~ agreements herein co~tained to any of the parties herero, tF?e same shall be construed to mean as weN as the heirs, legal representatives, wc-
; cessors and assigns (either voluntary by act of the parties or i~voluntary by operation of the law) of the same and that the covenants herein
i c~ntain2d shall birxl and the ben~iits and advantages inure to the respective heirs, (ega) representat~ves, successors and auigns of the
~ ~artie5 hereto. - " '
! And said Mortgagors, fw themselves and their heirs, legal representatives, wctessors and assigns, hereby jointly and severally cove~ant
and agree to and with the said MORTGAGEE, its successors and assigns:
1. To pay all and singular the principa! and interest and the various and sundry wms of rtwney payable by virtus of said promissory
note, and this mortgage, each and every promptly on the days respectively the same severally become due.
2. To pay all and singular the taze's, assessments, levies, lia~silities, obligatio~s and incumbrances of every nature and kind now on
said described property, or that heaeatter may be imposed, wffered, plated, levied, or assessed thereon or that hereattcr may be levied or
a>sessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to law, before they be-
come delinquent, and befo~e any interest affaches or any penahy is i~curred; and insofar as any thereof is of record the same shall be prompHy
i satisfied and dixharged of retord and the original official dotument (such as, for instante, the tax reCeipt or the satisfaction paper officially
4 endorsed or tertified) shall be plated in the hands of said MORTCAGEE within ten days next after payment; and in the event that any thereof
; is not paid, utisfied and distharged. sai~ MORTGACEE rtwy at any time pay the same or any part thereof without waiving or affecting any
~ option, lien, equity. or right under or by virtue of this Mortgage, and the full amount of each and every such payment sF~all be immediateiy
due and payable and shall bear interest from the date thereot until paid at the rate of 75 per tentum per annum and together
with such interest shall be secured by tFw lien of this mortgage.
E 3. 7o place and continuously keep on the buildings now or hereafter situated on said land a~d on alt equipment ana persona~ty cov-
ered by this mortgage, with af! premiums thereo~ paid i~ fulf, fire inwrante in the usual standard poticy form, in a sum approvcd by IF~
MORTGAGEE, and rornado inwrance in the uwal standard policy form,in a wm apprwed by the MORTGAGEE, in wch company or companies
as the MORTC,AGEE may direCt; and all fire and tornado insurance po(icies on a~y of said buildingc, any interest there+rt o~ part the~eof, in the
~ aggregate sum aforesaid o? in excess thereof, shall contain the uwal standard mortgagee clause o. such other clause as the Mortgagee may
[ require, making the lou under said policies, exh and every, payabk to said MORTGAGEE as its interest may appear, a~d each and every
j suth poliq shatl be promptty auigned and delivered to and heW by said MORTGACEE as further security to said mwtgage debt, ard, not
! iess than ten (10) days in advante of the expiration o~ esth polity, to delive? to said MORTGAGEE a renewal thereof, together with a reteipt ;
{ for the premium of wch renewal; snd there shall be ~o fire w torr?ado insurante pfaced on any of said bui?dings. any inte.est therein or i
I part thereof, unless in the form snd with the loss pryabk ss sfores~id: and in the event any wm of money betomes payabte unckr wd~
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d 1p BOOK 2~3 ~acE z5 ~0
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