The URL can be used to link to this page

Home My WebLink About1953 . 3Q8 s~~ TNIS INpENTURE. Made the 16th day f May ~ q,p_ ~q__75 Jonf~. par p asnge a u of ~t• L~1@ County Flonds, hereina(ter defi9nar«I ae ~he "MORTGAGOR." and FtRSJ FEOERAL SAVINGS AND IOAN ~ ASSOCIATION OF fORT PIERCE, ~ mrpwar~on oryanized snd e:~s~ing undet Ihe la::s of the United Staias of Amerita and having iq ptincipal plac~ of ; buslnes~ in fhe City of Fort Pi~rce, St. lucie County, Florida, Ixreinaher designatrd as the "MORTGAGEE:' ~ WHEREAS the MORTGAGOR ia justly indabted to the MORTGAGEE in the s~m of 5-3-5-t-0~ good and iav.ful mOC2y of the United S!:~tes adwnced by the R10RiGAGEE unto the MURTGAGUR, as evidrnced by a ce~ta:n promissu~y ~ote of even date herewrth, of wh;ch tFK following io ..erds and figures ~s a rrue copy, towit: 535,000.00 ~0 10021350 - fwt Picrce, Flwida, May 16 ~y75 Fw vaSve received. 1, we or e~ther of us, Fron,~se to pay, xi~hou? deialca~~o~~, fo order of fIRST FEOERA~ SAVIhGS ANO LOAN ASSOCIATION OF %O7T PIERCE at Fort Pierce, Florida, the sum ui j_ 3SL~0~~~_ w:th i~,~erest fran date af ~he rate oF _8!7~o per anrwm, in monthly install- _•~~s as fo~!owa: S 288'OO__ _ on t}~e _?Othday of ____`Jun@ _ 1975 _ and a like sum on tha cwresponditg day o4 exh moMh there- o••rr until tn2 whole bC fully F:aed. Eath imtal!„xnt (int shall be ap~Gad in payment of the interest and then on the unpa:d twlance of the princ;pal sum. If default is made {n the nent of any ~ns~a~lment when due, ond such d~fe~~lt tontin~es 30 days, th=n at tne op~io~ of the holder, and without any other nutice, a~i ~he remaining •~s~~~!me~ts shal! Le due arxl payab!e at unce. Pnv~tege is g„ren to prepay this nore ~n whole or in part at arty t:me without penaity_ Neither forebear~nce, ~ o~ acceplance by ~he hatdr.• tF.ereof af~er any default in any paymenrs h~~eon, shjll be d~emed extension. A late paymen? charge of S la• ~ sAslt be :!~d to euh insta!Iment re~no~ning unpa.d 7 days aher its due date, and a bkc w~n shafi i,e added to each wch instal~ment remaining unpaid 7 days after ~•.,ch weceeding payment date. ~ Each maker, wrety and endorser htr~~f, jointly and saveraity, wa;~es drman:l, pres~nhnent protest and notke of protest for nonpayment, ar.d further ;:ees to any ertens~on of hme of paymeN, r~sher b~fore o* afte. mawr~ty, wr.i~;:~~~ not;ce ro any of us; and to pay ait costs ot coUecr;on, inctud~ng a ,._~nab~e arromey's fee +n ihe evenr oF any de(:;.,'t hereond~r, and he.~by seve~ai~y waives ali benefit of homestead and exemption under the constitution i ialvs of each Srate of the Unlted Steces, as aga~:,sf this obGgat~on or any ex~ens~on or renewat he:eof. W~tness tfie hand and sea! of ea~h parry. r/John P. Krapp, a single adu~Ay ts~?t~ (SEAI) _ 52 • ~ State Rever.ue `_war.rpresncei4ed eir e^ic,~i~d~ete) ~ NO111, THEREFORE, the MORTGAGOR far the purpose of ~:curing payment of said sum of S~5~~~•~~ , and the perfwmance of the * c,;enants and agreemems hereinafrer eapressed, and for divero good and valuabte cnns~drrations, by theu presents, dxs grant, bargain, sell, remise, f eas~, convsy and confirm unto the MORTGAGEE, its sutceswrs and au~gna, a;i thet c>rtain bt, piece or partel of land, situate, lyirtg, and being in the :c~nty of $t . LL]C 1Q and State of ftorida, desu~bed es follows: IInit A- S, LA BNTRADA DEI. MAR, a Condominiun, according to the Declaration ~ of Condominium dated December 30, 1972, filed November 6, 1973 in Official Records E ook 220, page 1747, and re-recorded November 9, 1973 ih Of f ic ial Records Book 220, page 2192, of the public records of St. Lucie County, Florida, together Mith all of its appurtenances according to the Declaration. + ~ ayo~ -saa -ooos-ooo/9 ~ ~ubject to the terms, covenants, agreements, obligations and provisions of said ~ neclaration of Condominium which mortgagor in all things does covenant to mortgagee « faithfully to observe and perform.~ ; 's - } I ~ ~ ~ ~ - - _ r-R~~. 1 ~ A-~= ~ ~ ~ ~ ~ , f. ~ € ~ ~ ,~t iMEhiAFY~~ - - , ~ . E i. ~ t- F : f. '+U~l~ 4t ~Q v~. ~:t: . ~t.P . v 5 2. 5 0, RECEI~D i~----- _ i z- co - - .i. f - ' GJE ON GASS ~C iNT/J:;;1[i.f F't~.;v+`z '•r : ~ ' ~ = . , j ~ A:, i S 1.F :5: l, yl,,~. _ ~B- pUFtSUk!'jT 70 CFiAPT R 1t- ; ~S I/~ - ~0 1 ~ J' ^ _ ~}fCtl( C1F.C11f7 COURT. ST. ~Ui.~E t~~ FLF,. ~ ~ •_~erher with aH and singuiar the tenements, hereditaments a~d appurtaRCes tlureunto belonging p in anywise appertaining tF~ereto, ~nd ell rents, iuues, ~ :-oceeds and profits acc.uing and to accroe from sa~d premfses, all of which are inctuded in the above and faegoing description and habendum. g TO HAVE AND TO HOID the aF,ove descr~bed and granted premises unto the seid MORTGAGEE, iti suttesson and assgns foreve?. And tM said ~ ~]1S = ~ ::RTGAGOR for heirs, e,cec~tors, adm~nistrarors arul asaigns, hereby covenants with the ssid MORTGAGEE, its sutcessors and aui~nf, ~ „ d~ f1@ 1S____ tawfully seized of the said prem~ses in fee simple; that the same are fres, clear and discharged irom all liens ~nd ~ntum- ' ~ •,jnces io law or in equity, and that he wiil and h1S hein shall warrant and defend the title to th~ ssme to the said ~ ` :.~~RiGAGEE, its successors and assigns, forever against ehe lawful claims and demands of all persons; F PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF~t MORTGAGEE the promissory rate hereinbefwe dewibed and shall fruly, prompfly ~ , d f~tiy perform, d~scharge, execute, complete, compty with and ab~de by each and every the stipulatiau, agreements, conditions and covenants of said } s -.-~::ssory note ~nd of fhis Mortgaqe, then this Mortgage and the Esta~e hereby ueated shall cesse and be null and void. ; ; IT IS UNDERSTOOD that the ward "Mortgagor" whether in the singular ot pi~r~l anywhere in this Mo?tgsye, shall be sinpul~r if one only ~nd - :~.a!' be plurel joinfly snd xverally if more than one, and that the word "~he7r" as used anywhere in thit Mor~9sge shsll be taken to me~n "his," "hen;' ~ "its," whereve. tF.e context so imp!ies or admits. Aiso, that wberever there is a referente in the covenants snd sgreements herein contair?ed to any oi ~ •~:e parries hereto, the same shal! be construed to mean as well as the heirs, iegal represematives, successon and asigns (either voluntary by acf of tM " ca~r~es or involuntary by operation of the law) of the same and that the covenants herein contained shal~ bind and the ber?efits and sdvantsges inun ~ the respective heirs, lega) representatives, successors and ass~g~s of the parties hereto. 5 ~ And said N~wtgago?s, fw themulves and their hei~s, legal reprexntatives, successors and auigns, hereby jointly and severolly covenanf and ~yree ~ = •c and with the uid MORTGAGEE, its succeswrs and assigns: ~ ~ ~ l. To pay all and singulsr the principal and interest and the various and sundry wms of money payable by virwe of said promissory note, and this ~ ~ $ -oortgage, each and every, promptly on the days respectively the same severally become due. ~ ~ 2. To pay all and singular the taxes, assessments, levies, lisbilities, oblgatans and encumbrantes of every nature ~nd kind rww on said destribed ~ ~ ~ c~operty, w thst hereafter miy be imposed, suifered, plsced, levied, or assessed thereon, w that hereaftd msy be levied a useued trpon this Morf¢ y ~ a~e, or the indebtednes~ secured hereby, exh and every, when due and payable, xcwdi~g to law, be(we they become delinquent, ~nd befort any int~rdt ~ :'•=ches w any penalty is incuned; ANa INSOFAR AS ANY THEREOF IS Of RKORO TME SAME SHAII BE PROlNPTIY $ATISFIED AND OISCHARGED Of 3~ + ~=~ORO AND THE ORIGIhAI OFfiCIAI DOCUMENT (SUCH A5. FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFAtT10N PAPER OFFICIALIY ENDORSED ~ ~ ' R CERTIFIED) SHAII BE PIACED IN TME HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the event that eoy thereof is not , d sat'sfied and discharged sa:d MORiGAGEE may a! any t~me pay the same or any pan thereof withoul waivi~g w affecting any option, lien, equity p ~ ~ •;~r ~nder or by virtue of this mortgage a~d the fult amount of each and every such payment shal! be imrnediately due snd paytble snd shall bear interest ~ ~.oT +FP dare ri e~rof ~;nr~~ p~ d a~ ~a~e o} n~ne per centum per annum and togefher wrth s~th interest shaH be secured by the lien o1 th s mor~tage. ~ ~ h ~ f ~ ~ ~ ~ , ~ ' . _ . , ..~...~,.~._-.s ~~c. m ~ - . .