HomeMy WebLinkAbout2166 . ~ ' ; _ , , ~ - ~E~1'7'71
THIS INDENTURE, IWds the 15th day of A~ust . A.O. 19_Z3.. betwetn
warren Giel and Kathleen C. Giel: his wile; '
of St. LuC~g ~ C~~~y Florida, F?K~inafta d~sipnated a~ tl+~ "MORTGAGOR;' ~nd FIitST FEDERAI SAVINGS AND IOAN ,
!?SSOCiAiION OF FORT PIERCE. ~ co?paalion w~~niz~d a~d ~xi~tinp undN iM faws of tM Unit~d Sut~s oi Amir'ka ~nd havirg its p~incipal pl~c~ of ;
busin~ss In tM Clty of Fat Pi~ra. St. lucl~ County. fiorkla. Mretnsh~? daipnat~d ~s tM "JMORTGAGEE." j
and lawful money of the Un~ted !
WNEREAS ~M MORTGAGOR u jwNy ind~b~~d to tl» MORTGAGEE io tM sum of , 9ood
Srate~ advanced by tM MORTGAGEE unto ths MORTGAGOR, a~ ~vidanced by a cer~a~n promiuay noh of ~ven date M~~with, of which ~M followinp i~
words aod figurt~ is a trw topY, fo-wit:
_ ~~Looo.oo rto Z~z4333
. fwt P~e.c.. F~orid.. august 15 ~,._,t9~_ `
fw valus reteived, 1, we w either of us, promise to pay, witiw~f defalcation, to the order of FIRST FEOERAL SAVINGS AND tOAN ASSOCIAYlOM r!f
FORi PIERCE a~ fort Vierce, Flwida, the sum of s l~ wi~h interes~ irom date at the rats of Q.a~~6 per annvm, in mont;i~y insf~lF ~
ments ai follows: Z 170•~ cn the 20t}1 ~Y of NOV@~?@Y ~9 73 end s like sum o~ the <a~espond;n~ day of each montA ti~ere-
after until the wAole be fully paid. .
Each insratlment first shall be appiied in paymeot of ths interesf and then on the unpaid balance of the princtpal sum. If defauh is msde i~ ths
payment of ~ny installment when due. and wch defauh continues 30 days, then ~t Ihe opfio~ of the hotda~, ead without any othe~ ewfice, all ~ remaining
insallments shall be dve and psyabls af axe. Privileye b given to prepaY this note in who~e ar in pan a~ any time without penalty. N~ither forebear~nc~,
no? atceptancs by the holder thereof after any default in any payments hereon, shall be deemed exter+aion. A late p~ymeM chu9e oi shsll be
added to each initallment remaining unpaid 7 days after iri dw date. and s like sum :hall be added to each such i~stallme~t remaining ur+psid 7 datY after
each wcteeding p~yment date.
fach maker, ~urety and endaser hereof, jointly ud sevenlly, w~ives demand, presentment protest and notice of protest fw na+payment, and further
agrees ro ~ny extension of time of payment, either betore or aiter maturity, without notice to any of us; a~d to pay all costs of collectio~, includ~ng a
reasonabk aitaney i fee in tt?e event of a~y default here~nder, and hereby seve~ally wiives all benefit of homestead ~nd excmption under the ca+stitutio~
and laws of each State of the United States, as against this obligation w a~y extensiw~ a renewal hcreof.
Wit~ess the hand and ieal of each party.
s/ Warren Giel ~U
tsEAU
81 e . a (SEAU
- (SEAU
! 2 S • ~ ~ State Revenue
(Srernps~nt~eMeel~en~sgteM~ ta~~)
NOW, THEREFORE, the MORTGAGOR for ths purpose of aecuring payment of said ~wn of = 17 ~ u?d the performs~ce of th~
covenants snd agreements hcrein~fter expresxd, and for divas good and wlwble tonsiderations, by these presents, does gr~M, bupain, sell, rcmise,
release, convey and confirm unto the MORTGAGEE, in succeswrs and auigns, all that certain bf, piete o~ pucel of lu+d, ~itwte, lyiog, and beinQ In the
co+,~W o~ St• Lucie ~.na sure ot Fio.~a,, desuibed u follows:
Lot 23~ Block 92~ LAKSWOOD PARK UNIT 8, as per plat
thereof on f ile in Plat Book 11, Page 19, of the
Pub2ic Records of St. Lucie County, Rlorida
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t t ether with sll and si ular the tenements, Ixreditsmenb s~+d s rtances thereunfo be ~ or in an 1
og ng ppu lag'ng yvrise appertalnirg therefo, snd alt rents, iuues,
i proceeds ~nd profia scuuing ~od to acuue from ssid premises, atl of whid? ue incl~ded in tl+e abovs ~nd foreyoinp description snd habendwn. '
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~ TO HAVE AND t0 HQiD the above described +nd granted premises unto the said JNOR7CaAGEE, bs succeuon and assigro forev~r. Md th~ said ~
the ~.r '
~ MORTGA~+OR fa hein, executws, administntors ind iuigns, hereby tovtn~nb with tM a~id MORTG/1GEE, ih suttesson and ~ssiym, ~
E tR6~I are Y pr~mises in fee simple: tlNt th~ same ue free, ckar sad dscharyed from ~II liero ~nd entum- ~
~ that - lawfull seized of the said
~ bronces in !aw a in equity, and thst they~_ W;u their he;n shall wur~nt and d~fend tM titk to tM same to tM said ~
~ MORTGAGEE, in svccessors ~nd auipns, forever spainst the lawful clsims snd demancls of s!I pe~spq; ;
i PRpVIDEO, ALWAYS ~h~t if the MORTGAGOR sh~ll pay vnto tM N10RTGAGEE the promiuwy note hereinbefwe dexribed snd shall truly, promptly
and fulfy perfwm, ditcharge, exetute, compkte, comply with snd abide by esch and every the stipulsfaro, sgreeme~ri, condiYiorn ~nd conen~nn of a+id
promissory oote and of this Mortgage, tixn this Mwtyage and the Eatate hersby ve~ted ~II teas~ and b~ null ~nd wid.
IT IS UNDERSTOOp thst the wwd "Nbrlgagor" whether in the singular w plwal anywhere in this Mort9spe, shaH be sinyulu if ont only u~d j
shati be plural jointly snd ~everdly if more than aa, and that t}~e wwd "their" as used u~ywhere in this Mort ~
~+~e shatl be t+ken to me~n "his,•• •'hen; • ~
or "its," wherever the context so implies or ~dmin. Also, that wherever there ii a reference in fhe covenants u+d ~yreemenn herein cont~in~d to ~ny of :
; +he pahies hereto, the same shsll be construed to mesn ~s weN ss tke hein, kyal representative~, s~tcesso?s and iui9ns (either volunary by act of ths ~
pa,ties or involumsry by operation of the bw) of the sane and that the coven~nn I+erein ca?tained shall bind and tM benefitt and ~dvanbpes inur~
~ ro the respMive heirs, ky~l represcntstives, wtceuas and ~u~gro of the puties hereto.
~ Md said Mortgagws, fw thcroselves and their Ixin, legat repreumstives, successors and auiyns, hereby jantly ar~d ssve?ally covenant ~nd ayree ~
? ro and with the aid lNORTGAGEE, its successon a~d auig~n:
1. To psy dl ~nd tingular the prindpal ~nd imerest and the wrio~s and ~undry wms of moneY paY~ble by virtue of iaid promiswry note. ~nd tbis
c mwtgspe, each and every, promptly on the dsy~ respectively the same severally become dw. '
2. To p~y all ~nd sinq~lx tFie t~aes, auesunenn, lev~es. tiabitities, oWigations snd encvmbr~ncea of every naw~e and kind raw on ssid desuibed ~
property, or that fiereafter may bs impote~l, wffered, Plsced, levied, or ~s~essed thereon, or tMt hereaftK may b~ levisd a uses~ed ~pon this Mort~- ~
; +9s, a the indebtedneu tecured hereby esch and ~very, when due ~nd p~yabk, sccadiny to Isw, befwe they become delinqvent, uid 6efor~ ~f1y ~fltNMf 3
~ attacl+es a any penatty is inc~rred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ;
RECOR~ ANO THE ORI6INAl OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED !
OR CERTIfIED) SHAII SE PLAGEO IN THE HANDS OF SAID MORTGAGEE WiTHIN TEN DAYS NEXT ARER PAYMENT; and in the event thst any tF~ereof a not
r paid, saC~fied and diubsrged ss:d MORTGAGEE may ~t any time pay the same w any p~rt thereof without wsiving or affettirg any option, I'ien, pvity w 4
•~aht under w by vi?tue of this mortgsge and the full amount of eath s~d every tuch paymertt shall be immedi~tely due ~nd payabk snd shall beK infsrest '
i ~~om the date thereof vmil pa~d at rate of n~ne per centum pe? annum and t t ~ ~nterest ~hall be secwed by the lien of th:t morpta~e. %
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