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HomeMy WebLinkAbout0439 .i.LIV 2nth d, au.,~9_._23. ~iWe~~ THIS INDENTURE, Made the y of , ~ t ~ _ Michael L. I~igssel and Eliaabeth Kiessel, hic ~rife - ~ of St. I%~C ie County fiwida, hereinafter deig~a~ed as the "MORTGAGOR." and FtRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpw~tion oryanized +nd ex~iting under Me laws o( tM Unitcd Statas of Americ~ and havinp ib principal place of bu~ineu in tFa Ciy of Fort Pierce, St. lucie County, Florid~, ht~einafter desi9nared as the '.'MORTGAGEE:' ~ WHEREAS the MORTGAGOR is ju~tly indebted to ths MORTGAGEE in the sum of = -~~~0 good and lawfu{'monay of the Un~ted States advanccd by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even da~e herew~th, of wh;ch the io~lowir+y in words and figuros is a true copy, to-wiC s 26,,800.00 N, inc]~nsa3 fo.r we.c., Fi«~a., December 20 i9Z~_ Fw value teceived, 1, we or either of us, promise to pay, without defalcation, to Ihe order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of S 2~-i~~~-- w;th interest from date at the rate o~s.~~ o pe~ annum, in ~~nnhFf i~stalb ` ~»ents as follo+vs: S 2~•~ on the ~th day of February ~ ~q 74 and a like sum on the carespw~d~np day of each rnon~A thertr. 4 afrer until the whole be futly paid. ~ Each installment first ahall be appiied in payment of the interest and then on the unpa~d balance of the p~~~cipal sum. If default is madl in the Fay~nent of any installment when due, and such default continues 30 daya, then at the option of the holder, and w~thout any othd notice, atl the re^.ain~rg :nsrallments shall be due and payab!e at once. Privitege is given to prepay this note in whole or in ps?t ~t any t~me without pena:ty. Ne~~?~e~ forebe~ronce, } no~ acceptance by the holder thereof after any default i~ any payments hereon, shall be deemed exte~sion. A late payment charye of S-~?.+.~. shsU be f added to each installment remain~ng unpa~d 7 days after its due date, and e like sum shall be added to each such instal;ment rema~ning unpa~cl 7 dsys sfter each succeeding paymeM date. Each maker, surety and endorser hereof, jointly snd severally, waives demand, presentment p?oteat and not~ce of protest for nempa~ment, and funher : agrees fo any exte~sion o( time of payment, either before w after maturity, without notice to any of us; and to pay all costa of coKection, ir.clud~rg a ; reasonable atfwney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and exemption unde~ tM constiwl'ron a~~d laws of each State of the United States, as against this obtigation or any extens~on w renewal hereof. ~ t Witness the hand and seal of each party, g~ Michael 1.. Kiessel (SEAI) ~aU (SEAI) ~ s/ Eli~abeLh Kiessel ( ~ 4~ . 2~ ) State Revenue ' - (Sti~iipi ilililpli ~it i~RP~bRp ` NOW, THEREFORE, the MORTGAGOR for the purpose of securi~~g payment of said svm of = 26 and the performance of the ! coven~nts and sgreements hereinafter expressed, and fa divers good and vatusble cons~derations, by these presenta, doea grant, bargain, sel!, rem~se, ~ releau, convey and confirm unto the MORTGAGEE, its s~cceuors and assigns, all that certain bt, piece w pucel of land, situate, lying, and being in the ~ Counry of St. LIICl@ _ and State of Flwida, deuribed ~s fallows: ~ ~ . j 4 qpartment C-1-201 of the COLONNADES CO~iD~MINIC~IS Ap. 2, a condominiua ' according to the Declaration of Condominium recorded in O. R. Book 188, ? Page 1848, of the Public Records of St. Lucie County, Florida, TOGET}~R ~'ITH all of its appurtenances according to said Declaration. q 9 ; S[BJECT TO the ter~as, covenants, agreements, provisions and obligations ~ of said Declaration of Condominium which Mortgagor in all things dces ; covenant to Mortgagee faithfully to observe and perform.~ ~ ~ - ~ a i ~ ~ ~ ; ~ d`~R~t' { ~ ~ • ' ~NQ~`y~.ya'Q ~y~1~ ; . . . . . . . . . . . . . . QE~ ~ : . J , ~ * ~s > ~G ~ Q R t U A ~N: ~ - ~~~.s ~ c~- ~ ~ ST AT~ ~F F~ St t+~ M P 1!. X r C cR . _ ~cSO __~~Q... E~¢- l. S`. ~ > DOCUM~ TARY~`=`~.,:-----"` ~ I - ~c~~ c~-~c~' ~ ~ cz UEPT ~JC REVENUE- f: ~ti ~ 4 Q ~ ~ ~ ~1~ ~~1~~ " =r ~ +.~a:2 f'19 ~ ' i~` ~ j~ N _ PB-^ f~' ~ w~ _ ~~tQ2 0 ~ ragether with all 'and singular the tenements, hereditaments and appurtances thereunto belagirg or in anywise appertaining thereto, and all rents, iuues, pr«eeds and p?ofits accruing and to sccrue from said premises, all of which are incl~ded in the above and foregoing desuiption and habendum. TO HAVE AND TO HOLD the above dcscribed a~d granted premixs unto the said MORTGAGEE, its sutcessors and auigns foreve?. And ths said i ~ their Fi,ORTGAGOR for - heirs, e:ecutors, administrators and assigrts, hereby covenanri with the ssid MOR?GAGEE, itt successon +nd asti9ro. ~ ~ that --~~--a-~a-- Iawfully se~zed of the said premixs in fee simple; that the ume sre free, clcsr snd diuharged from all liens and encurr~ ; F~ brances i~ law or in equity, and that they will arsd t~lr_ hein shsll warraM and de(end the title to the sams to the ssid ~ ~ MORTGAGEE, its suctessors and assigns, forever against the lawful claims and demands of •11 persaq; PROVIDED, AlWAYS that if fhe MORTGAGOR shall pay unto tF~e MORTGAGEE the promisswy note hereinbefore dexribed and sfiall truly, prompNy ~ _ and fully perform, d~xharge, execute, comp~ete, comply with and abide by each and every the stipulationi, agreements, conditio~s and covenants of ssid promissory rate and of this Mortgage, then this Mortgage and the Estate hereby veated shall cesse and be nvll and void. °a IT IS UNDERSTO00 that the word "Mortgagor" whether in the singular w plural a~ywhere in this Mortgs9e, shall be singular if one only and shall be plural jointly and ceverally if more than one, and that the word "their" as used anywhere in this Mwtgsge shall be tsken to mean "his;' "hers;' _ or "its;' wherever the context so implies or admits. Al~o, that wherever there is a reference in the covensnts and sgteements Ixreim m~tained to ~ny of : rhe parties hereto, the same shall be construed to mean as wetl as the heirs, legsl representatives, successors and auigra (either wlumary by sct of the ` parties or involuntary by operation of the law) of the same and that fhe covenants herein contained shall bind •nd ~he benefin snd sdvantages inure ro the respective heirs, legal repreunratives, successors and ass~gns of the puties hereto. And said Nb?tgagors, fw themselves and their heirs, legal rcpresentatives, successws and sugns, Fxreby joinNy and severally covenaM and agree ~o snd with the said MORTGAGEE, its successo?s and assigns: 1. To pay all and singular thc prirxipal and interest and the various and sundry wms of money payable by virt~re of said promissory ~ote, and this mortgage, each and every, promptly on the days respectively the ume severally become due. 2. To pay all snd si~gvlar the taxes, auessme~ts, levies, liabilities, oblgations and encumb~~nces of every nature and kind rww oo ssid dewibed property, or that hereafter may be imposed, suffered, placed, levied, or assessed the~eon, or th~t hereaiter may be levied w assessed ~pon this Mort~- = age, w the indebtedness sec~red hereby, esti~ and every, when due and payable, xcading to law, befwe they become delirpuent, arK! before any iMerdt arraches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII 8E VROMPiIY SATISFIED AYD DISCHARGE~ OF RECORO AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENDORSED OR CERTIFIED) SHAIt BE PtACED IN TME HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, satsfied and dixharged sa'd MORTGAGEE may at any time pay the same w aoy part the~cof without waiving or affecting any option, lien, equity w ~a •~qht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bea~ interest ':ri ~.om the date thereof until psid at rate of n~ne per cenwm per an~um and togethei with such int~le~ s ured by t~e ~ien of th:s morgtage- ae~,r. ~~~^~6f f 3~ - ~ r _ • ~7. ~F..."^,~- ~r ~ y;s`~-:.'„,?m' '..Y~i'' a~~ , ~ . , . . ~ ~~2"Str....a5-~a-,