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Home My WebLink About0149 THIS INDENTURE. Mad~ th`. 22nd ~y of A~QUSt~ ~ J , A.D. 19 7.~L._.. b~twNn I Willian R. I.ippens and Gladys H. Lippens, his aife - ' of $t. L'uCie Cotinfy flwida, hK~irnita[ dtsi~naud as the "MORTGAGOR," +~+d FIRST FE~ERAI SAYlNGS ANO IOAN ASSOCIATION OF fORT PIERCE. • oapor~tion o~yantud ~nd existinp u~ tM laws of tM Unit~d Sat~s of ArnKiu' and Mvinp io pr::~ipal pl+o~ of busin~u In th~ City of fort Pi~ru. St ~~+ci~ Cow+t1?. FIaW+. Mn4~aftu d~iynated +s tF» "MQitTCt/~Cs~E. ~ WHEREAS tM MORTGAGOR b iwty ind~bt~d to th~ MORTGAGEE in ths wm of i lZ~~~~~' ~~ooJ and lawful mon~y of t!w United S~ates advaoc~d by th~ .iAORTGAGEE w+to tM MORTGAGOR, ~s evidenced by a urtsio promissory nor~ of ~ver? date hsr~with, of wh;ch tM fdlowinp in words and iipu~es is a trw copy, to-vril: =12~000•00 wo 13000125 ~ p~c•. August 22 19 75 Fw vatw r~ived, Irvw a~ aither of us, promiss ta pay, ~:~~:.;;t dafalcatixs, to tM order- of fIRST F€OERAL SAVINGS AN~ LOAN /1550CIATION Of FORT PIERCE at Fwt Pierce, Fb?ida, the tum of s 12~000.~0 with interest from date al the rat~ of 8•7~ per ~nnwn, i~ moMh~y ins~dl~ ments ss foliows: t 120.~ ~ t~ 20t~1~y of Deeenber 19 75 and • lik~ wm on the co~respondinp day of esch month thK~- after until the whois be fully paid. Each iostallment fint sh~ll be applied in payment of the interest and ~heo on the unpaid balanee of the princtpal wm. If default is ma~ In tl~ payment of any imtallment when dus, and such default continues 30 days, then at the opta~ of tM holder, and without any other notice, all tM ~emaininp installments shall be dus a~d p~yable at once. Privileye is yiven to prep~y thq nots io wFwb or in p~rt at ~ny time withovt p~n~ky. N~itMt foteb~aranu. nor atceptante by tFie holder thereof after any default in anY p~yms~?Is hereon, shall be deaned ex~ension. A lal~ paymae?t thu~ of ~ 6' ~ sMll b~ acided to each ir?stal~ment remaininp unpaid 7 days after iri due date, and a like wm shall be added to each wch installment ~~maining unpsid 7 days ~fter each sucteediny payment date. Each maker, svrety and endoner hereof, jointly a~ severally, waives demand, presentment protest ~od notice of protest for nonpayment, aed further agrees to +~y extens~on of time of payment, either before a atter maturlty, without notice to any of us; and to psy all cosh of rnllection, includinp • rrasonabl~ attwneyi fee i~ tM'event of any default here~nda, and hereby ssve~ally,waives all be~efit of homestead and ezemption uMMr ih~ oomtitufion and Isws of each State of the United Sutes, as against thls obligation or any extension a renewal F?srsof. Witness the hand and ~eal of each pa?ty. ~ ~ C j ~ ' : , ! " S/ Wi~. ~~~#i•. - Lipp~ s ~ ~ (SEI?U Gladys H. Lippens ~ ( • 18 • ~ ~ Stat~ Revenue . . cs~~aw~waa~~~s~ - NOW, THEREFORE, the MORTCaAGOR for the purpose of securing payment of said wm of ~ 12l0~•~~ , ~nd th~ p~rform~ncs of th~ cove~anri snd ayreements herein~fter expressed, and fw ~vers good ud valuablt consideritian, by t!~ pr~sents, doss prs~f, br~~ln, sell, rsmis~, rekase, convey and confirm unto the MORTGAGEE, iri successon and usigns, ell ?hat urbin 1ot, piees ot pwpl of land, sifua», lyinp, tnd beirp in iM County of St. ~.L1Cie ~nd State of Florid~, d~strib~d u followu Lot 36, Block 49~ INDIAN RIVER ESTATES UNIT 7, as per plat thereof on file in Plat Book 10, page ~5, public record of St. Luci Cou t Rlorida ~ ~4~ba- (o O ~ • O ~3~8 - C~C~ By agzeement of Mortgagor and Mortgagee on file vrith Mortgagee, h~~rithin mortgage secures not only an existing indebtedness, but also ADVANCES to be NEREARTER made by Mortgagee to Mortgagor, the aggtegate of w~iich will equal the principal amount specified in the promissory note secured hereby. ~ ~ _ ST~q?'E o~ ~ RIDA 1 oZ D.OC N~ENTARY _ aE~_"" T,~ y~~uE~'f, STAMP T~ ~ TI~ ' ~ `r - -P.a ~25•7i • - ~ ~ i Q. ~ Q + ~ y ~ 1N ~?'M~~1'1. I . ~ ~~",~,C plTld~~~ ~ ~9~1. ~'11 ~ ~ . ~ 7 •1~A. ~ e ; . ~o ~E" ~a~s ao, ~ ~ ~ ~~~,~.wc+E I rogether with all and singular the tensmenb, hereditsmenri snd spp~rrts~ces therevmo bslagi~g a in anywist app~rtainirg tlNr~to, and all raNS, baup, p+oseeds and profits swu'x~g snd ro ~cuve from s~id premises, all of which ut incl~tl~d in tl+~ ~bow ud forpoinp dewiptian and h~bendwn. TO HAVE AND TO~ the ~bove desaibed and pranted premises unto the said MORTGAGEE, ita wooes~as and ~ssipns forsvM. Md fM Nld ,'NORTGAGOR for '""iY hein, executon, sdministraton and sui~~s, herebp oovensnri with the said MORTGAGEE, ib woca~ors ard ' rhai ~~V are lawfvlly seized of the said premises in fes simple; th~t th~ ume ue frN, ckar and dhd~~r~d fran all Ifaa and ~ncun? ' brances in law w i~ equity, and ths+ they will and theiz Min sFwll wunM ard defand tht titl~ to th~ sam~ to fh~ wid € MORTGAGEE, in successors and sssigns, forever aysinst the lawfvl d~irta and demands of all persaut € ± PROVIDED, ALWAYS tMt if tha MORTGAGOR shall pay unto tM NIORTGAGEE tM pranasory noM her~inbefor~ dacrib~d and sh~ll uvty, promptly ~ and fully pe?fwm, diuharge, execvte, compkte, comply with snd abide by each and ~very tM stipulatioro, apreern~nb, conditiom and oovm~nb of s+id promiuory nots u~d of this Mortyage, then this Mortgs9e sod the Estste haeby ae~ted sh+ll aas~ ad b~ null and void. ~ ; IT IS UNDERSTOOD that tl~e word "Mwty~gor" whether in the singula~ w plwal aoywMre in tlws Mortp~ys, shall be sk~pular if one only ~nd ~d ~ shsll be plural 'pintly and sevenlly if mae than one, and tlut tM word "their" as used anywhen in this Mort~ap~ shall b~ tak~n to n»an "hb,•• "I~s," i or "hs:' wherever the coroezt w implks a admits. Also, that wl~evet then is s refe?enq in tl~e cownu~n and apr~art~enb I~erein oontaLwd to any d : ihe parties hereto, the same shsll be coostrued to mean u welt as the Mirs, ky~l r~prasantaHva, suasswn and ~ssipru (eithat volumary by act of t!n ~ ~ parties or imoluntsry by openYan of tlw law) of tM same snd that the coven~nb herein contai~sd sMll bind and the banefits and dvantayp in~x~ ~1 € ro the respective heirs, legsl representstivet, s~ccessors snd au?pns of tM psnies hereta ~ ~ And asid Mortg~yors, fw tbemselves and thei~ i~ei~s, le~+l represantatives, woc~s~ors and assipra, hereby jointty ~nd swa~llp oo+nn~M and pn~ ~ to snd with the uid MORTGAGEE, in succtssors and astiyra: ~ 1. To pay all and siny~lar the principsl and intuest snd the varian ~nd wrdry sums of money psYabb by vktw of s+id promissay not~, and thM ~ mort9spe, each and every, promptly on the days respectively ti» sarr~ sw~rdly becorn~ dw. # 2. To pay all and sirgular th~ taxes, usesunen». Iwies, liabilitia, obli~stian and anoumbranc~s of evby mtw~ and kh~d now on pid davib~d ~ ~ P?ePe?b, or that hereaher m~y b~ impoad, suffaed, placed, kvi~d, or ~aa~ed tM?eon, w th~t I~wftu may b~ Iwi~d a ass~ss~d upa~ tl?i~ Ma1¢ ~ ~ a9e, or tM indabtadneu sccured hersby, each and evay, whm dw and p~yable, aaordinp to law, b~fan N~ey becam~ delirqwM, and b~fon anp 6H~rat attathea or sny penalty is i~cwred; ANO INSOFAR AS ANY TNEREOF IS OF RKOR~ THE SAME SFIALL 6E PROMPTLY SA715fIEp ANp DISCHARGED Of ~ RECORD AND THE ORIGINAL OFFICIAL DOCUAhENT (SUCH AS, fOR INST/1NCE, THE TAX RKEIPT OR THE SATISFACTION PAfER OFfIC1AlLY ENDORSED ~ OR CERTIf1ED) SHALL BE PUCED tN THE HANDS Of SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENTs u+d in the ewm that any thKeof is nw € pa~d, sat'sfied and dischar9ed sa:d MORTGAGEE may at any time pay ths sartr a a~y p~rt thereof withovt waivinp or ~ffectinp any option, lien, equity or •~aht under or by v~rtue of this morty~ye u~d the full emount of esch snd gvery such p~ymeM shall be immediately d~t ~nd p~yabb and shall bea~ int~r~st s.o.f, ~he da±e thereof ~nt~l pa:d at rste of nine per centum per snrwm and together with such interest shall be secvr~d by the lien of th's morgrage. ~S-Yl . _ _ . I ;..a,~3 . . 6 . . . .yS I ~ , , _ '~i.T1 .