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Home My WebLink About1708 ~ • ; . , t ~~tii~~~ ~ THIS INDENTURE, Made th~ ~1'~ day of _ Febriiar , A.D. 19 6b ~ between Louis F. Kinderman_ and Alice M. inderman, his w fe of ~ai nt L~ini e Counfy florida, hereinafter designa~ed as the "h10RTGAG02," and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation orgeniied end exiating under Ihe law: oi Ihe United Stataa of America end having it~ principal place of businets in the City of Furi Pierce, St. lucie County, Fiorida, hereinaiter de~ignated a~ ihe "MORiGAGEE:' WHEREA~ :ha h1~RTGAGOR justly ind~bted to the h50RTGAGEE in the sum oF S--~t}-u~~-aQ good and lawful money of the United Srates advanced by 1he h10RTGAGEE ~nto the tiORTGAGOR, as evidenced by a certain promissory note of even date herew+th, of wh~ch the following in wordi and figure~ is a~tue copy, to-wit: .l~.oo. 00 13 3s-1--~5- Forl Pierce, ~lorida, Februar,y 3~ 19 For value received, 1, we or either of us, promise t'o• pay, withoul defafcarion, to the order of FIRST FEDERAI SALVINGS AND LOAN ASSOCIATION OF FORT PIERCE at forfr P1.ierce, Florida, Ihe sum of S ~7~-,u00:~~ _ w;th inlz~rest from datc at ihe rate oF 5~__°o per annum, in monthly inslall- ments as follows: Z 74 ~ Q~ on th~ ~}'h day of M£~rCh , 1q"~ and a like sum on the corresponding day of eadi month there- after uroi~ rhe whote be fully paid. Each installment first shall be applied in paymen! of the interest and then on the unpaid balance of the princ~pal aum. If defaull is made tn the paymenl of any initallment when due, a~d such default conlinues 30 days, then at the optien of the holder, and wilhout any other nolice, all the remaining ins?allmenls shall be due and payable at once. Privilege is given to prepay this nole in whole or in parl at any ~ime without penelty. 'Neither forebearance, nor acceptance by the holder thereof affer any defaulf in any paymrnts hereon, shall be deemed extension. A late payment charge of shall be added to each installn:ent rpmaining ~npaid 7 day~ after it~ due date, and a like sum shall be added to each such inslallment remaining unpaid 7 days after ' each svcceeding payment date. • Each maker, surety and endorser hereof, jointly and severally, ~n~ai~es demand, presentrr~ent protest and notice of protest for nonpaym~nl, and further agrecs to any extension of time of payment, either before or after maturity, without notice to any oF us; and to pay all costs of collection, inciuding a reasonable attorney's fee in the event of any default hereunder, and hereby severalty ~vaives a~l benefit of homestead and exemption under t'~e constit~iion and laws of each State ol the United States, as againsf this obligation or any extension or renewal hereof. Ylitness the hand and seal of each party. ~ s Lot~i s F. Kindermar~ (SEAt) . s Alice hi. indsrman cseAi~ (SEAL) n (SEAL) ~ v ~ i"v StaTe Revenvt (Stamps canzelled on original rtote) NOW, THEREFORE, the MORTGAGOR for thA pvrpose of securing payment of said sum of ~ , and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerotions, by thesa presents, does grant, bargain, sell, remise, telease, tonvey end confirm unto the MORTGAGEE, iit successors and assignf, ell that certai~ lot, piece or parcel of Innd, ~ituate, lying, and being in tha ' Covnty of Sa in t Lue i e and State of Florida, detcribed u follows: ~ Lot 26, B~.ock 15, Unit #2, LAKE~~7QOD PARK, as per plat thereof recorded in i ~la t Book 10, p~~e K6, public records of Saint Lucie Co~xntv, Flori da, ~ j ?Xg'°' 1~ P~~~£N~+O~~Q~+~t~I. ; * ~ ~Q~~~~ ~ ~9:.1. s s ~~,~j ~GQ ZE'rr~; ~t~ ~N~ ~a5 4S~ itN~l ~ D~~ pvP j SO ~ G~Ytk ,~?~~S ~ ~ pddG c '1~ :CoUe'~'ti°y~ K - - Rc ~~'-"t ~nty ~;C~-' ty c`-£R W A 1" ~~F t~ L O~t i DA os' ~ ~4 DEp~ c~ E.~".. . OOCUMENTAp~ STaMP TAX 5,, t+1~ '(~'i ~ z _ = o°=~ ; O _ FEB-4'66 _ k-. ,r ~ ; = v = d~ ~ V COM?TROLLER ' ~ ~ ~ P B. o~~~' . . 190136 ~ s ' together with all and singular the tenements, hereditaments and appurtances thereunto belonging or fn any~=iise eppertaining thereto, snd ell renti, ittuet, ~ proceeds and profiia accruing and to accrue from said premiset all of which are included in the above and foregoing de~cription s~d habarsdum. ° TO HAVE AND T NOLD the above described end granted premises unto the said MORTGAGfE, its iucceisors and assigns forever. And the sat~ y ' ~ MORTGAGOR fw the~r ~ heirs, executors, administrators and assigni, hereby covenants with the :aid MORTGAGEE, it~ tucce?~u~s end auign~, ~ that ~awfully seized of the iaid premisFS in fee •imple; that the same are free,. clear and ditcharged from all lizne and encum- ~ brances in law or in equiry, and that ~6~ wiil and ~heir ?,eir~ shall warront and defand the title to the sama to the s+ld ~ /AORTGAGEE, ih tuccessors and aisigns, forever againil tha lawful claimf and demends of ell persons; } PRO`IIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisiwy note hereinbefore described and sha11 truly, ptomptly ~ and fully perform, discharpe, execute, complete, comply with and abide by each and every the •tip~lations, agreementt, conditions and covenantt of said promissory note and of thi• Mortgage, then thi~ Mort~age and the Estate hereby ueated thall cea:e and be nvll and void. IT IS UNDERSTOOD that the word "Mortgagot" whether in the singular w plurol enywhere in thi: Matgage, shall be tinguler if one only and shall be plvral ~ointly and ieverally if more then one, and thal the wwd "their" as vsed anywhere in this Mortgage shall be taken to mean "his;' "hen;' or "its;' wherever ~he context to implies or admits. A}so, that whtrever there is a reference in the covenant~ and agreements herein con~aincd to any of the pa?tiei hereto, the ~ame thall be construed lo mesn as well at the hairs, legal rtpre:entatives, tuccessor~ and sisigns (ei~her voJuntaryr by acr of th~ partie~ or tnvoluntary by operatan of the law) of the ~ame and that the covenaats herein containcd shall birxl and the banefits nnd advantages inur~ to the rnpective hein, leyal repre~entatives, svccessors and au?gns of the partie: hereto. ~ And :aid JV4ortgagort, for themselves and their heirs, legal repre:entatives, svccettors and aitigns, hereby jointly and teverally covensnt and agree to end with ttye said MORTGAGEE, itt successors and auigns: ; 1. To pay ~II end tinyuler the prir.cipal and interest snd the various and sundry suma of money payable by virtue of seid promistory note, and thii ~ mortgaye, each and svery, promptly on the dsys respsctively the tame sevarally becom~ dua. . ~ 2. To pay all and ~inyvla: the taxes, aisessments, leviei, liabilities, oblig~tion~ end encumbtances of every nature and kind now on said deiu{bed property, or that hersafter may be impostd, iuffered, plxed, levied, or sueucd thereon, or that hereafter msy be levied or asieised upon thit Mortg- age, a the iodebtednass uc~red heraby, each ~nd every, when due snd payable, accordir?g to law, before they becams delinq~ent, and before any int~rs+t atfaches or any penalty is inc~rred; AND INSOFAR A5 AN THEREQf IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND Tl1E ORIGINAL OFFICIAI DOCUMENT (SUC~ AS, FOR INSTAhCE, THE TAX RfCE1PT OR THE SATISFACTION PAPER •OFFICtAItY ENDORSED OR CERTIFIfD) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof it not psid, sat'sfied and discharged said MORTGAGEE may at any time pay the tame w any part thereof without waiving or affecti~g any optio~, lien, eqvity or •lqht under or by virtua of this mortgage and the full amovnl of each and every s~ch payment ihall be immediately d~e and payable and shall bear interest From the date thereof until peid et rate of nine per centum per annum ~nd toyether with such interest ah~ll be secured by the lien of th:t morglaqe_ ' 8~~37 ~