HomeMy WebLinkAbout1952 ~~18.'3~2
TNIS INDENTU~E. Madt ,r~~__~'~'th d~y f ' May ' t- A.D. 19-75 betwetn ~
- John F~. KraPP, a s~ ng e a u f~ `
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a{ ___,~'it . ~..L1C 1G' County Fior~dn, hereinafler des:gnai~:l as the "1.10RTGt.GOR,"`and fIRST fEL~ERAI SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a torporaliun organize:! and ex~sting under the la.vs of the Unitod Stat~s of America and h~avinc~ its p!intipal place of ~
business in tha City of Fort Piarce, Si. lucie County, Fforida, hereinafter drsi~n~ted ae tha "h10RiGAGEE." ~
WHEREA$ Iha MORTl3AGOR is justly indebted to 1he l.10RTGAGEE in the i,~~i ~,r S_ 35, 000 . ,~ood and lavriul money of the Unitcd E
States advanced by tha I.1pRTGAGEE unro rhr f,10RTGAGUR, as evidrnc~d by a crrta;n ~:ron.issory note. o( ~ven date herev-~th, oi v.h;ch Ihe following in z
werds and figures is a irua copy, to ~ci1: '
= 35,000.00 ho 10021350
fort Picrce, Florida, MaY 16 _1975 _ ~
For va've receivcd, 1, we or e~ther of ~~s, pronuse to pay, .vithaut delalcs:E~:~, to tl~~: order <~f FIRSi FEGERAt SAVINGS AND LOAN ASSOCIATION OF j
FORT PIERCE a1 Fort Pierce, floridj, the wm of S_35lO00_~00____ w~th interest frorn date at lhc rate of _8•~Or,~u per annu.n, in monthly instafl• }
n~ents as foi!o~.vs: S~88%~Q~__ on tLa _20thday ~f June ~v~S___ 3nd a tike sum on tha corr~spond~nc~ day of each moMh ~hera- `
~
aitar until tii~~ who:e ba fuily paid.
' Eath ins~a~lment (irst shall be apal:_d in payment o( tFe interes? anci then on ~he unpaid ba~ance of thz princ+pal sum. If defaulf ~s made in tha
payment of any installment when due, ~nd such d.feulf cont~nues days, fh_n at the. o~tion of the holder, an3 without any otl~er notice, all Ihe remainir.g ~
installments sha11 ba due and payab'e at ence. Privitege is 3iven to prrpay this note in ~vhole or in.part at a~y t+me without penalty. Neither forebearance, ~
nor accep~ance by the ho'•d~r thereo( aher any defautt in a:~y pryments hereon, sh3ll be deemed extension. A ~ate payment ~harge of ~~~4°
4O shall be
added to each insrailment remaining unpa;d ; days aiter its dua oatc, and a In:u s~:n sha{I ba added ta each such ina!allment remaining ~npaid 7 days ahet i
each succeed~r.3 payn:ent d~!a. ~
3
' Each maker, surety and endorser her~~f, jointly and severalty, wa:ves demand, presentment prote:t and r.otite of protest fot nonpaym~nt, and furfher
ag~ees to any e.~tension of thne of pa~ment, u~ti~er be(ere or after maturi~y, v+~ti~vvt notice to any of us; and to pay all eosts of collection, indudin9 a
reasonab!e attorncy's fee ~n ihe eveM of any d~•te~,'1 hcreun;i~r, and herby severally waives ali benefit of homeslead ar.d exemptiun under the constitution
and la•.vs of each S~~=e of thc Unired Stares, as ag~~nst rhis ebligaGon or a,iy e~ten5tcn or renev~al he:eof.
Witness thc hand and seal of cach psrty. - . - -
; ~ • ~ ~ ~ : s/John_ P. Krapp, a ~ singie adu~~A~~
- " (SEAL) i
- - . ~ (SEAL?
52 . SO ~ (s~i)
State Revenue
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(5~3mpreence;4ed eir e:igif.e~„ote) _
NOyY, THEREfORE, the ~!ORTGAGOR for the purpose of securing payn,enl of sa+d sum of 3 35,000.~0 , and fhe performance of the '
cove~ants and agreements hereinafter expressed, and tor diver~ goild a:id valuab!e considerations, by thase presents, dces granT, bargain, sell, remise, i
- release, convey and confirm unto the /.10RTGA6EE, its succ~isors and assigns,~ali that czrtain ~ot, piece or parcel of (and, situate, (ying, and being in the
Cc+unty of St . I-uC le . and State of Ffo: ida, described as iollowt: ~ I
~
_ - a
Unit A- S, LA fiNTRADA DEL MAR, - a Condominium, according to the Declaration ~
of Condominium dated December 30, 1972, filed November 6, 1973 in Official Records - `f
. Book 220, page 1747, and re-recorded November 9, -19~3 ih Off ic ial Records Book
220, page 2192, of the public records of St. Lucie County, Florida, together with
all of its appurtenances according to the Declarat~on. - ~
~ . - _ - ayo/-~a1~ -ooo~-~ooa/9 - `
Subject to the 4erms, covenants, agreements, obligafions and provisions of said
Declaration of Condominium e~hich mortgagor in all things does covenant to mortgagee ;
faithfully to ohserve and perform. ~ - . :
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a~f..unr±~ti?~. _ - - G, (~//JJj :
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. c. v ~iPT. OF i•.f 4 E'+J` I T'~~.+~`~:~ 5 L. ~ U~ RECEfdE~ .I: r,
c-~ Ft~~ 1NTKt:SiPLE F=.~t. it~ r. .;~c'
' ~ . - = ~+:i t ~ ~ ' - _ ~ _ Gi~~ Oii ClASS 'C' ~ . _ s
-~i; J F.i~. 10 CHAP7~R 71•131. A".i.. Uf a5ii.~~.~
- ~ i{,•_ - ft1RSll.~tii ! ~ }
~ , ' _ - - - {~ER YOITRAS
~ CtfRK CIRCtlIT CQURi, ST. 6~.1L?E t~7~ fth. _
_ ;
teyether H,ith a?: and sinquiar the tenen,ents. hered:ran~ents ar,d appurtances thereunto belonging or in anywise appertaining ihereto, and all rents, issuts, -
- proceeds and prof~ts accruir.g ar•d to accrue from s3~d_ pr¢rr.ises, ail of wh~ch are induded in the above and foregoing description and habendum. E
TO F1AVE AND TO HOID the above described and granted premises unto lhe said MORTGAGEE, its s~ttessors and assigns forever. And iha said ~
MORTGAGCR for---- ~ls----- heirs, executon, administrators and as:igns, hereby tovenants with the said lhOR1GAGEE, its successora and a3signs, ' _
~~a~ E]E 1 S____ ~awfully seized o~ the said prem~ses in fee simple; that the same are frcr, ctenr and diicharged irom a!1 liens and encurrr
brances in law or in equity, and that_ he w~ll and h~s heirs shall warrant snd defend the title to the same to the said -
i40RTGAGEE, its suctessors and assigns, forever against the lawful claims and demands of all persons; - . ' ~
PROYIGED, ALYlAY5 that if the /r,ORTGAGOR shali pay unto the MOkTGAGEE the promissory note hereinbefore desuibed and shali truly, promptly
and fu!~y perform, d~scharge, ezecute, comptete, comply with and ab~de by each and every the st~pvlations, agreements, conditians and covenants of said ~
prom~sscry note and of this tharfgage, then ~h;s ~.lortgage and the Estate hereby created shall cease and be null and void. - -
' IT IS UNDERSTOOD ~hat the word '7~lori a or" vrhel er in the si ~ O~~
9 g h ngulat or plvral anywhere in this Mortgage, shall tx singular if one only and
i shait be plvral jointly and severally if more than one, and that the word "their" as used anyvvhe~:> in this Morlgage shall be taken fo mean "his;'. "hers," x
ur "its;' whe~ever the context so imp'ies or adm;ts_ Also, that wherever there is a reference in the covenants and agreemenls herein contained to any of
Ihe parlie; hereto, the same shall be construed t~ mean as well as the heirs, legal representatives, s~ccessors and assigns (either voluntary by att of the
parties or invo!untary. by operation of the law) of . the same and that the cove~ants herein contained shall bind and the benefits and advantages invre ~
to the respective heirs, legat-representatives, successors and asrgns of the part~es hereto. '
And said ll~ortgagors, for the:nselves and their heirs, legal representatives, svccessws an~ assigns, hereby jointly a:~d severally cov!nant and agret ~ ~
to and with the said MORTGAGEE, in wccessors and assignr. - ~
l. To pay all ~nd singular the principal anc! interest and the variovs and sundry sums of money payable by virtue of said promissory note, and`thit ~
morigage, each and every, promptty on the days respectively the same severally become cf ~e. - -
2. To pay bll and singular the taaes, assessments, levies, liabil~ties, obligations and tncumbrances of every nalure and kind rww on said described ~ ~
" property, or that hereafter may be imposed, suffered, pl~ted, levied, or assessed thereon, o: that hereafter maq be levied or assessed vpon thi• Morig- ~
" age, or the indebtedness secured hereby, each and every, when dve and payabfe, according to law, before they become delinquenf, and before any interesl ~
attaches or a~y penalty is incu:red; AND IN50fAR AS ANY THEREOF t5 OF RECOR~7 THE SAME SHAIt 8E PROMPTIY SATISfIED A~ID DISCHARGED Of 3
RECORD AND THE ORIGItvAI OFFICIAL DOC4MENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACFIOM PAPER OFFICIAIIY EMDORSED
- OR CERTIFIED) SHAtI 8E PlACEO IN THE HANDS OF SAID /AORTGAGEE WITH!N TEN DAYS NEXT AFTER PAYMENT; a~d in the event that any. thereof is not ~
pard, saYsfied and discharged sa'd htORTGAGEE may ae any t~me pay the same or any part ~hereof wlthout waiving or a(fecting any option, lien, eqvity or i
•i~hr under or by virt~e of this mortgage and tFe full amo~nt of each and every svch payrr,ent shall be immediately dve and payable artd shall bear inte:est ~
Erom the date thereof unril paid at rate of n~ne per centum per annum and together w~th such in!erest shall be secured by the lien of th:s morgtage.
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