HomeMy WebLinkAbout2988 319400 ~ ~
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~ THIS INDENTURE, N4d~ tM ldt~ day of A.D. 19
7S bdvw~n
Paul C. Klos~r and Sussn A Klos~r~ his ~il~,
pf .St . Lncie C~fy Fkrid~, iNnin~fiN dufpnsMd ~s tM °MORTGAGOR," a~d FIRST fEOERAI $AVINGS AND IOAN
A3SOCIATION OF FORT PIERCE, • Corpor~Yqn wp~nit~d uid txiitinp widK tM bwa of 1h~ Unit~d 51~tM of AmKfu ~nd havinp ifs ptincipal plKa Of
bwir~s in IM Gry oF WA PiKCe. St. lud~ Co~wM11. Flo(id+. A~Nn~hM d~sipM~ld ~s th~ "AhORTGAGEE."
M/HEREAS th~ MORTGAGOR is jiatly indtbt~d w tFr MORTGAGEE in tM sum of = a~ .~ood and lawfvl ena»Y of tM Unit~d
St~t~s ~dvanc~d by tM MORTGI~GEE unro tM MORTGAGOR, as ~vid~nc~d by • certain promissory oote of ev~n da~~ F?Ktwith, of which tM folbwinp M
ward~ ~nd f urp b a trw topy, to-wit:
~ Z6, ~.00 N, 19000173
Fat PIKO~. FIaM~. '~LOb!! 14 ~p '1S
Fw value nuiwd, I, vw or ~i1F~ of us, promis~ ro pay, without def~luian, to th~ order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Forf PiKCe, Fbrida, the wm of i ab~ a~ with inierest f~om date at ths r~t~ of~,% pK ~~num, in monlhly irotall-
~?~?ts as iol~ows: i 223•O~ on the ZOt11 ~y oF NOVl~b!! 1975 and • Rb sum on th~ con~~Pa~dinp d+Y of ~ month th~n-
ahet ur?til tlw whole b~ fully paid. .
Each installment fint thall b~ ~pplied in payment oi tAs interest arw! the~ on th~ ur+paid b~lance of the prindp+l sum. If defauh is m~~M in tiw
payment of ~ny irot~llment when dw, and wch default oontiewe~ 30 days, ihen at tM opt~oe~ o f fM Iw~dar. and withoW aoy other notrce, all the r~nuGN~g
installmenb shall b~ dw aod psyabk at once. Privilays is ~iven to pr~paY this not~ in whob or in put al ~ny tims whlw~t penaNy. Pl~ither for~b~uwfo~. .
nor ~cceptance by the holder thereof sfte~ any defsuh in any payms~ts F~aeon, s1+~U be deea+ed extMSan. A laro payment ch~~ of =11 ~ 1 S tMll b~
added ~o ~xh installms~t remainirg ~npaid 7 day}. rft~r its dw datt. ~ a lik~ sum ihall be edded to e+ch such ieutatlment ramalninp vnpaid 7 d~y~ afM
each wcoeedinp P+Yment date.
Each m~aker, wrety ~nd fndwser hereof, jantly and severaliy, waives demand, preasntmeet protest ~nd notic~ of protest for na~ayment, and turlMr
agrees to ~~r txt~nsion of tim~ of p~y}m~nt, eirhe( bsfore or after matvrity, without notice ro any of ~s; ~nd ro pay all cwts of oolled'an, ind~dirg a
reasonabk sttorney i fee in the event of sny def~uh bcrevnde~, s~d hereby sevenlly waives all benefit of homestead snd e:emption ~~d~? th~ cautitwion
arxl laws of each State of the U~ited States, as ayainst thia obtip~tion or ~q~r aKtension a renewal htraof.
Witnes~ tM hand u~d seal of each party.
• ' ~ ~/Paul C. Kloser ~
- . • , ' lsewp
~ ~ s/S~~an A~, K~~~~ ~
r $~•75 1 st~~• aevenue . tSEAU
(S~w~t'aw~c~lbiwr~ri~kwi-rie1~ . : . ' •
NOW, THEREFORE, tF?~ N10RTGAGOR for th~ p~ym 26, 500•~
Pu?Poae of sacvr ent of s~td sum of i . and tM pKform~nc~ of fh~
cov.nu?K ud ayr.emenn heninafte? expressed. and fw d'ivers ~ood and v~lwbl~ con~ider~tiont, by tl+e~ presents, does pr~M, barpain, s~tl, nmis~,
rekas~, oonvey and conf'um unw the AAORiGAGEE, iri succeasors u~d ~aipr+s, ~II thst cert~in lot, piK~ or pucel of land, situm, lyinp, and b~inp in tlw
~~y pf St . T.iIC~! ,~nd Stst~ of flo?ida, dewib~d ~s folbws:
Lot 24~ Block 2, ORANGfi BIASSQy 6S?ATBS, Rirst Addition, accoidiag to the plaL
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thereof on file in Plat Book 11; Page 38, Public Racords of St. Lucie County,
ttloriaa, ~
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By ~gree~aent of Mortyaqor and Mortgayee on tile wilh Mortga~9ee, the within
sortgage s~cu~tes not only an e~d~tia9 indebtedness, 6at also ADNANC6S to be
` t~RSAP'TBR sade bq Mortqaqee to Mortqaq~r, the aygregs~e o! which will eqnal
the principal aaonnt speci~ied in the pro~issory aote seeured h~reby.
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s N STAT~ OF ~~~R~~A ~
E ~E ~ DOCU/V~EMTARY~STAMP TA tl j~ t"~w
~ Z~ M DEPT. Of RfYEAIUf ~ ~ ?iZ Ph~:Ath 'f.~~
I c = , ~ ~,tt P~1
~ ~m P.9. ^ OCtZi'7S ~ , ~ ~ ` RE':k1'~k.+ `r' tiH~-_,pFi8181f p~F 19i1- ~
~ - ?„~;z - F 3 9. 7 5 i ~t: ~R n.~. ~ ~
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rop~rh~r witb all and ~ingular th~ tenem~nn, her~d'n~menb and appwtu+ces tharwnto b~loepiig o? in ~nywiw ~pp~rtainirq thaNo, and all r~nq, issu~s,
proce~ds and profiri accruiny and to accrue from ssid pran'aes, dl of which an included in th~ above ~nd fw~poirg daviption and Mb~ndum.
TO HAVE AN~he HOtD the above dsscribed u~d pranted pemises unro th~ s~id MORTCsAGEE, its wouaors ard asipns forewr. Md th~ s~id
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~ MORTG~q for - hein, executon, ~dmireptraton and ~siipns, hK~by oow~ams with M+~ said MORTGAG~, if~ woctswn and s~ipir.
dey are
~ th~t Iawfuly s~~sed of tM aid prsmis~s in fe~ ~6nplr, th~t th~ sweN ~ra hN, d~sr ~rd d'ischaryed from ~II lierr and ~
~ b~ancea in law w in equity, and th~* th~ wilf and their ~II wur~nt ~ed def~nd tht tNb to the s~ to t!N said
x MORTGAGEE, ib svccessors snd assgra, fot~+rer ays'mst tF» lawful claims and daenands of all persorat
~ PROVIDED. AIWAYS that if ttw MORTGAGOR sh+ll p~y uoto the MORTGAGEE tlw promisso~ry noq Mr~mbefon dew~d and shaN Mvly, prnmptty
~ and fuih Perform, d7~clwrQe, execut~, compl~t~, caeply with ~nd abide by each and every the stipvlatiwr, +Or~+fs, cond'tian and oovaw~ts of s~id
~ promiswry not~ ~nd of tFiis Mwtgage, then tha Mwt9sp~ snd tM Estate her~by ueafed sFwll uas~ N+d b~ rwll snd void.
S IT IS UNDERSTOOD that the word "Mwtyspor' whethe~ in the sinpvlar or plwal ~nywlwn in this Mwtgay~ sMll b~ s6gula? if a» only ~nd
~ shall be plural jointly ~nd swaally if more tMn a». and that tM wwd "thtir" p us~d anywhere tn tF?is N1ort9ap~ sFWll b~ tsk~n to m~an "hhk„° `Iwn,"
; w•'its,•• wlwrwer the contsxt so implies or admits. Also, that wherever tF~er~ is a ref~renc~ in th~ covenanb ud ayr~n~nb herein ooM~ir~d to any af
' tF+e pani~s F~~to, tM serr~ shall b~ construed ro mean as w~ll u tM heirs, kyal r~presentdiws, waessors and auipro (~itha voluntary b~r ~ct of tht
~ p~rties a involuntary by ope~~tion of th~ I~w) of the ume and that ths covensnts herein comained sh~ll bind and tM ba~efits and ~dvaMapu Inw~
~ to tF~e res~»ctlv~ hein, fey~l rep~asentatives, succeuon ~nd au~qns of the parties hereta
~ And ssid Mwtyapws. for tMms~lv~s and theu Mirs. Ia9+l rep~~ssntativa, wocessors ~nd auipm, henby iointly and sewrally oovuwk and a~n~
w and with tht s+id MORTGAGEE, ib iucusias ~nd assipm:
1. To p~y all ud sirgutu tM p~inapal and ine~rest snd tM vuiovs ~nd wndry wms of moMy paY~ble by virtv~ of said promiuory noM. ~nd tMa
~ mwtyape, tath and wtry. DromPtly on tht day~ rttpettively the same Hverally becon» dw. .
; To pay dl u+d sirgular tM ?~xes, assessmen». Iwies, li~biliti~s, obliy~tiaa and ~nwmbnnces of ~wry ~atur~ and klod now an said dnorib~d
P~aP~?tY, a Mat I~e~fte? may b~ irnpos~d, wffered. Dl~oed, levi~d, ar ass~sud th~noe, a thn hsreafiM ~riay'b~ Iwi~d a aa~ss~d upon tNs Mort~
ape, a t!» indeb~adnea ~ecw~d Mr~by, ead~ ~nd ~vary, wMn dua snd pay~bl~. +ao~d~g to bw, befa~ they bacoe~ ddinqwM, and b~ion an~r int~nst
sttacfws o~ ~ny penalry a incwred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAJNE SHALL SE PROIYiPTIY SA715f1E0 AND DISCFIARGEp OF
REGORD AN~ THE ORIGINAL OfFIC1Al DOCUMENT (SIKH A5, iOR INSTANCE, iHE TAX RKEIVT OR THE SATISfACT10N PAPER OFiK1AlLY ENOORSEO
~ OR CERTIFIEO) SHAII SE PUCEO IN THE MANDS OF SAID MORTGAGEE WITHIN TEN GAYS NEXT AFTER PAYMENTs Md in tht ewrM thN any H~u~of i~ not
~ pa~d, saCsfied and difchar9ed sa:d MORTGAGEE msy at any trme pay the sam~ a u+y par~ the~eot without w~ivinp w afhctinp arnr option, li~n, pwty a
a .+qht undK a by virtue oi.thii mortQaye and the full amo~nt of e~ch and ~very wcl? paymeM shall b~ irtMINdN1fIY flUf ~nd payab{~ ~nd iMlf b~ar ht~at
~ ~rom the date thereof until piid at nte of nine pa centum per ~nnum snd tecw~d by tM iim of th:s morptap~.
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