HomeMy WebLinkAbout0136 32:~4 ~ ~
THIS INDENTURE, N4d~ th~ 23rd day of '~~~~~nLasY ~ y~L . A.D. 19_.s.~c.,, b~twNn ~
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Frank K ink$1 and I r~~F, Kinkel, hi s wif e
oF St • Lu~'i~ ~ County Flwids, hN~in~ftM dstignared as tM "MORTGAGOR;' •nd FIRST FEDERA~ SAVINGS AND IOAN
ASSOCtAT10N Of FORT PIERCE, • capcv~tion or9anf:~d ~nd ~aiitinp under IM Isws of tlu Unit~d Sutw of M+~riu ~nd lavirg iri, priocipal pl~ of
bu~iMU in tM City o} F~._~t Pi~rc~. St. luci~ County. FbrW~, INnin~fl~r dtsipnat~d n tlw "MORTGAGEE.••
WMERE4S th~ MORTGAGOR is jvstly ind~bt~d fo tF» MORTGAGEE in the sum of = 27 i0~ yood and fawiui mowsr of the United ;
Stitn adwnced by 1M MORTGAGEE ~mo ths MORTGAGOR, as w~denced by • ctrtain promissory ra~e of even date herewith, of which th~ folbwirp In ~
words and iipurq S a 1rw copY. fo-wit:
~ 27 ~„000 • ~0 ~30002 ib ~
w.e P~?n. F~«;d,. January 23 19 76
Fw valw rec~ived, 1, we o? ~ither of us, promiie to pay, without defalcation, to ths orde~ of fIRST FEDERAI SAVIMGS AND LOAN ASSOCIA110N Of
fORT PIERCE af Forf Pisrce, Fiwid~, the tum of : 27~~~•~ with interest (rom date at ths r~te oi~~96 per annwn, in nwnthly install-
menh u follawt: j 222 on ~he 20th day of March ~q76 ~ ~ liks sum on 1he cwreipa+dinp day of each month there-
•f~er until the whole be fully paid. ~
E+ch installment first shall be applied in payment of the interes~ and then on the u~psid b~lsnce of the princ~pat wm, lf det~ult is made M tM
payment of ~ny installment when d~e, and such defautt continues 30 days, thrn ~t the option of th~ hotder, and withoul any other notice, aIt the ren:aininy ~
~nstallmenti shall be due ~nd payable at once. P~ivilege is 9ive~ to prepiY this nole in whok or in p~rt ~t any time wittwut penaly. Neither faebearprcs,
rwr acceptence by ths hold~r thereof after ~ny defautt in ~nY p~ymenb hereon. thall be deemed e:tension. /r Iste payment ch+rge of t 11• sh~ll be ~
added to ~ach installment remainioq vnpaid 7 dsys aftt? its dv~ d+te, and • fike wm ahall be added to each such installment remaining unpaid 7 days aff~r
esch succeedi~y paymenl dete.
Each maker, ~urey and endorser hereof, jointly ~nd tevewlly, w~ives dema~d, presentmeM p~otest and notice of protesf fw nonpayme~t, ~nd f~rths~
egrces to any extension of time of paymen4 either before o~ after maturity, without not~ce to any of us; a~d to pay ell costs of coUection, includirp •
reasona~k attaney i fee in tFa ev~nt of ~ny default hereu~de?, ~nd Ix~eby uverally waives all be~efit of homestead aod exemption under the constitufion
and laws of exh Stste of tlu United States, as aysinit this oblqation a aoy exrrnsion a renewal hcreof.
W~tneu the hand ansl ~eal of cxh pa~ty. j
s/RraN~;
K~i~,cel
1, a . ' ~ ( (S~?U
_ . s/Irene F_ Kinkel ~
~ $40.50 ~ St~te Rewnw - ~U
(Stamps~ esn~rlk~ aer aripln~l ~no~~
NOW~ THEREfORE, ths MORTGAGOR fw the pwpose of tecvring p~yinent of ~aid w~n of s 27~0~~~ and tFN performance of tEN a
covenauq ~nd agreements her~inafter ~xpressed, atd for divels yood and valwbl~ considerations. by thete prese~ts, does yr~nt, bary~in, sell, remise,
~eleaie, convty and tonfirm unto the MORTGAGEE, ib suueswrs ~nd sui~ns, all thaf urtain bt, piete or puul of tand, situats, lyinp, and beinp in th~
~~~M ~ St . Lucie u~d Stat~ of flwida, d~scrib~d as (ollow~: 3
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Lots 5 and 6, Block 141, PORT ST. I,UCIE SECTICN #~27, according to the plat there-
of on file in Plat Book 14, Page S, Public r¢cords of St. Iucie County, Florida,
- . 3qao- i~6~ ~v0
usE oN~r
By agreemeat of Mortgagor and Mortgagee on file with
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCBS to be HERB-
AF7ER nade by Mortgagee to Mortgagor, the aggregate
of ~rhich wi21 equal the principal asount specified
in the promissory note secured hereby.
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j T~~ f) ~J h1 ' A R v.- S T 1~ r11:' z~ R~ tN rAYM~R Of TAXES
CO :iE"'T. ~f'.•~.EttUi ~ DUE ON qAS{ 11(,~AN6181E PER501iAL MbppttY~
I ,D _ PURSUAI(i 10 CIiAP'iER 71-134. ACR ~
_ r8 = ~az~•T63~;,;~~ ~ 4 0. 5 0 t rneca ~w?s
m ' ~ Cil .~l1RL <Ui~IE f~ ~
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~ topetM? with all and singulu ths terkments, herediamenb ~nd app~rances tharevnto belonginy or in anywise appertai~inp ther~% sed all r~nb, isswa,
E prueeds and profin acrrvinp and to accrue fran s~id premises. ~II of whid~ ur included in tM abow and foreQoinp description and hsbendum.
` TO HAVE ANO TO ~ the ~bove described and ~ranted premises vnto the said MORTGAGEE, its suaesson ~nd assipns forw~r. And th~ ~ald
~ MORTGAGOR fw the ~ hein, executon, administntws and auigru, he~eby cownann with the said JNORTGAGEE, Hs s~cc~swrs a~d auiprr,
thev aze
! that lawfully seizad of the ssid premaes in fe~ sanples that tF+~ ssme an fne, cku and dtscharyed from ~II liera ~nd ~ncw~r
! brsnces in law a i~ equity, snd that ~ey will ~nd their hein shall w~rrant and dtfend tht fitle to the sanw to th~ ~sld
° MORTGAGEE, its wcceuors and auigns, fo~ever sp~i~st tl+~ lawful claims and demands of all persorn; !
~ PROVIDED, ALWAYS thst if th~ MORTGAGOR thall pay unto the MORTGAGEE th~ promiatory not~ hereinbefw~ destribsd u~d shall trvly, promp~lr ~
~ snd fully perform, disch~rpe, exewte, compkt~, comply with and ~bide by each and tvery the ~tip~laian~, apre~msnb, conditiwu and covarw~ts of said r
promiswry note snd of this Mortyape, then this Nlortyaqe and tM Esuts haeby d~ated sh~ll ceas~ ud bs null uid void. '
; IT IS UNDERSTOOG tiwt the word "Matyapor' whether in tFw sirgular a plwal anywher~ in this Mwtysg~, th~ll b~ sinpulsr if one only ~nd ~
; shall b~ plur~l iointly u~d kverdly if mwt than o~e, and thst the wwd "their" as used ~nywhe~e in tha Mortpape sMll be tak~n to mean •'his,•• •'hers,~+~+
or "its:' wherever the co~text ~o implies a~dmib. Al~o, tMt wherever there i~ a reference ir~ the covcn~ntt and spreemenq Mr~in contairnd ro any o~°,r,
fhe psnies hereto, the sarn~ shall be cantnied to mean u well ~s the hain, le9al rtpesent~tires, suuesson a~d usipru (eitF~er voluntary by acf of thL _
psrties a i~vdunt~ry by operation of tM law) of the iam~ and that the coverants herein conuined shsll bind •nd rh. benefin and .dvnr~.s irw,~y
to tf+~ respective f~ein, leya! representatives, suctesson snd au°yns of tM parties hereto. ~
Md said Nbrtpa9wa, fw tF~smsehres and their hein, ley~l represent~tives, successon ~nd ~ui~nt, htreby jointly ~~?d s~verally covee~nt and pr~
~ to ~nd with ths s+id MORTGAGEE, its suaeston ~nd auiyrn:
; 1. To pay all and sinpvlar tFN principal and inferest ~rsd the variovs and sundry s~nu of mon~y paYable by virtw of said promis~ory not~, and NJ~
! mortpa~. ~ach snd wery, promptly o~ tM days respectiv~ly th~ same ~s~rerally b~come due. r~
~ 2. To pay ~II ~d wipvlu tM aaes. ~ssessmenq, lev"ies, liabilitie~, obl' ations and encvmbranus of e
~9 verY natw~ and kind now on ~aid
f prop~.ty, or that Mreaft~r maY b~ in+Pot~d, suffa~d, P~+ad, kvied, w as~ested thereon, or that Mr~aha may b~ Isvied or ~sksstd upa~ thts
ap~, o~ th~ ird~bt~drKSS sen,r~d haeby, each aed w~ry, wlrn dve ~ed payable, aoc«dinp ro law, befwe tlwy bccome delinquent, ~nd beiw~ ~ny MNaa '
attaches or any penalty is intwred; AN~ INSOFAR AS /+NY THEREOf IS Of RKORD 1NE SAME SHALL dE PROMPTIY SATISFIED AND D15CNARGEO
! RKORD AN~ THE ORIGINAL OFfIt1Al DOCUAAENT (SUCN A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFAC710N PAPER OFFICIALLY ENOORSED
OR CERTtf1E~) SHAII BE PLAGED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and 'm the tver?t that ~~ryr tMr~of N no1
paid, sat'sfied and discharged sa:d MORTGAGEE may ~t any tirtre pay the same or any part thereof without waivi~g or ~ifectiny a~ option, li~n, equity or
•~qM under w by virtue of this mortysye and the iull amovn~ ot each and every such paymem shall be immcdiately due •nd psyable and shdl btar infN~st
' ~.om the dat~ thereof until paid at ~ate of nine per centum per annum and together wAh such interest shall be secured by the lien of th:s morptpe.
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