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THIS INDENTURE, Mada ,ne 23rd day of JaALaI}/ „ A.D. l9 76 ee~W.e~
~ C. B. Kramer and Bloyse M. Kr~mer~ his wife .
- .
t,.
St . Luc e
of County F(orida, here~nafler designa~ed as ~he "MORTGAGOR," and FIRST FEOERAL SAVINC;S AND IOAN
ASSOC,IATION OF fORi PIERCE, a curporst~on wganiied and ex~s~ing undQ~ ~he la.vs of the Un~ted Statot o( Ameriu snd hav:np its principa) pl~u of
b~s~nsss in ~M City oi Fwt Piacs, St, lucie Cou~ty, ilorida, hereina(ter des~gnated a~ the "MORTGAGEE:'
WHEREAS the nORTGAGOR is justly indebted to fhe MORTGAGEE in the sum o( S_ 172200• good and lawful rncney of the iJ~~ited
S!atei advanced by the MORfGAGEE unto ti~a MORiGAGOR, es ev~cknc~d by a ce~~a~n pramisswy note o1 eve~ date herewith, of which the iollowin~ in r
Ko{d/' L~~~.e~V a i,ue copy, to vi!: IZ~Q0381
S 1 ~
fort Pierce, Ftorida, Januar y 23 19~
For va!ue received, 1, we or eithcr of us, p~om;se to ay/~wit}.out defai;aticn, ?o +br orde. of FIRSf FEDERAL SAVItvG$ AND LOAN ASSOCIATION OF
FORT PIERCE ai fort ~ F r'da, the svm f 17 ~~~V• ~ 9 d
fQ~ 5---- ~:~h in!e:ist from d~te at rhe rate of ---_-_:o pe? annum. in monthly iostall-
,~.,~3 a. rouows: s__ a, ,n~ ?~th aaY of _Mareh__ 19 76 and a like swn on the conespo~ding dsy of each month the~e-
arrer until ti~e who!e be f~lly paid. !
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Each iostafirt?ent first shall be apyl~ed in paymrnt of the iro~•.es~ and ihrn cn th~ unpa~d batance of the princ;pal sum. If default is made lrt the
;~~rneM of any instaitment whcn due, arxi ~uch d~Faott commues 30 days, then ar fhe op:~on oi the holde~, and without any other notice, all the remaining
.n>ea!Iments shall be due and payabie at oncr. ariv~teya is g+ven to prepay this note in whoie or io part at any time without penalty. Neither fotebearante,
nx acceptance by the holdrr therrof af~er any dafault in any payn~enrs hereon. sh,+ll te darr.ed extee~sion. A lale paymeM tharge o~ s'' 7'S , shall be
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;.i.f~_d io rsch insra;lmero remain~ng ~~pj,d 7 days after its due date, and s hke sum shali be added to each such instailment remaining unpaid 7 days ~her
each sutceeding payment datr.
Each rnakrr, surety and endorser he~eof, ~o~n~ty and srierotiy, w•a~vcs damand, p•rsentmeM p~otest and notice of protest for nonpayrnenf, and further
,_;rees to any extens~on of time of payntent, e,ri,er Cefore or aher ma~wrty, wftF.:.~,~ n~r,ce to any of us; and to pay all costs o( collection, includ;ny •
~sonable a~~orr,ey's Fee ~n the evenr of .in; d~'~u~t nereund~r, and hereby s,:c•aI!y waiveS all beneiit of homestead and exemption under the constitut'wn
~~d laws of each Srate of the Unaed States. as ag~~~c~t thes oLi~ya~;cn o? any r=trns~o~ or renc.val hereof. ~
W~tness the hand and sral of each persy.
r, , ~ - . . , S/ C. E . Kramer ~U
c~~?u
. oyse , ramer ~y
~ 3'it~~TKRla'tllT ~r~~ en ue _ (SEAU
NON, THERfFpRE, the MORTGAGOR ~or the rurpose of sec~ring paymenr of sa[d sum pf j 17 f 20~• ~ and the perfwmance of the
co:enants and agreemer:rs he~einafter rxpressed, ano for dvers yeod and valuab:e com~d_wetions, by these p~esents, does grant, bargain, sell, remisq
re:e.,se, canvey and cont~rm unt~ the 1dORTGAGEE, its succrisors ar.d assigns, all t%~at cerrain tot, piece or parce) of land, situate, lying, and being in the
co~nt of _ St . Lucie -
Y - end State of ftorida, dest:~kxd ss follows:
t,ots 13 and 14, of ~lock 2, of DR6AMiAND PARK, as per Plat thereof on file in
Plat Book 7, Page 38, of the Public Records of St. Lucie County, Florida.
By agreeaent of Mortgagor and Mortgage on file with the Mortgagee, the
within mortgage secures not only an existing indebtedness, but also ADVANCBS to
be HER6ARTSR 'ade by Mortgagee to Moztgagor, the aggregate of which will
equal the principal amount specified in the promissory note secured hereby.
R^PR111SERS '/Q~. ~~~-ooa/ D
pcE ONLY ~ ~7~V
w
~TAT~ =-~F F~.~~lD~ ~
~ DC~=i~ME`t'ARY,-~= STAM~
T~. ~ ~
I GEi T. t~~ k'YE'~i1E ~ ~
~ Q- oB.= ,;t~~~L~-#~~'~~~ 2 5. 8 0 i a~b nrr,m,~
~ ' p„~p~y~.,~""s~a ?~iwsiet~ ~ w~
I ~ J - t ~ ~ ~ . ~ - • _ ~Y wNP'~R '~L ~
~ 71 '
~ ~~~'FRir~ t
~
j ~ ~NCUR ~OURL S~
E
~ ~
~ ~~gether with all and singular the tenements, he~editaments and appurtances thereunto betonging or in anywise apperfaining thereto, and all rents, issues,
E s: roceeds and profi!s accruing and to accrue nom aaid premises, all of which a~e includcd in the above and fwegoirg dewiption and habendwn.
~ TO HAVE ANQ~Q NQLD the above described and granted premixs unto the said MORTGAGEE, itt successors and suigns forever. And tFN said
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~ :'ORTGA~,QR for kei~s, executors, adminisfrators and assigns, hereby covenants with the said MORTGAGEE, iti svccesson and ~ssipro,
the~ are
i ar - Iawtulty se~zed of the said premises in fee simple; that the ssme are free, clear and discharged from al) liens and ~ncun?
s ~•ar.ces in taw or in equity, and that they W~~~ and their heirs shall warrant end defend the tiNe to tbe same to fhe said
~kTGAGEE, ifs successors and assigns, forever againsl the lawful claims and demands of all persons;.
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe deuribed snd shall truly, promptly
~ d futly' perfo~m, d~scharge, execute, complele, comply w~th and abide by each and every the stipulations, agreemeMS, conditroni ~nd covenants of said
~~o-~+~:swy note and of this Mortgage, then Ihis Mortgage and the Estate hereby created shall cease and be null and void. ,.o ~
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: IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plural a~ywhere in this Mortgsge, shall be singular if one only and i~,°~
s~ ;:I Fx plura~ jointly and severally if mwe than one, and that the word "the~r" as used anywhere in this Mortgage ~hall be taken fo mesn "his;' "hen;' ~w
r"~ts," wherever the comext so implies or admits. Aiso, tbat wherever there is a reference in the covenants snd agreements herein contained to any of e'~
•.^e parties hereto, the same shail be construed to mean as weli ss the heirs, legsl representative~, suttessori ar~d assigns (either volu~tary by act of the ~ ~
' pan~es or involuntary by operation of tht law) of the same and thet the covenants herein tontained shall bind and tF~e benefits and advantagq iour~ ~ j
+he re:pective hein, legal rep~esentatives, successors and asrgns of tbe part~es hereto_ ;
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And said Mortgsgors, for themselves and tF~ei? heirs, legal representatives, wccess«s and assigns, hereby joinNy and severally covenant ~nd ayree y '
E and with the said MORTGAGEE, irs successws and assigns: ~y
~ 1. To pay ell and singular the principal and interest and the various and sundry sums of money payable by virtue of said prpnisswy note, and ihi~ ~
--orrgage, each and every, prompfly on the days respedively the same severally become due.
~ 2. To pay all snd ainguiar the ta:es, assessme~ts, leries, liabilities, obligatwns and encumbrantes of every nature a~d kind now on aid dest?ibed ~
j property, or that hereafter may be ~mposed, suffered, plxed, levied, w auessed the~eon, w thst hereafter may be levied or usessed upon t!?is Matp-
; a3e, or ~!x indebtedness sec~red hereby, each and every, when due and payable, accwding to Isw, befwe they become delinquent, a~d befwe my int~rest
' ~~~aches w any penalty is inwrred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMPTtY S/1TISf1ED AND DISCHARGEO OF '
~~CORD AND THE ORIGINAI OFftC1Al DOCUMENT (SUCM A5, FOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtLY ENDORSED ~
CER:IFIED) SNALL BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the eve~t that any thereof is not
r a:a, sat'sfied and discharqed sa:d MORIGAGEE may at any t~me pay the same or any part thereof without vvaiving or affecting any option, lien, equity p ~
~~qhr vnder or by ~irtue of this mortgage ard the full amount of each and every such payment aha~l be immediately due and payable and shsl~ besr interest
<<om !F.~ da+e rhe.eof c~+~: :,a d a+ rate of mne pe~ cemum per annum and rogether w~th such interest shall be secured by the lien of eh s morgtage.
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