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Home My WebLink About2048 f ~~~~~~t~ . . ' lUtii Febru~lry A. D. 19 ~et~Y~~~~ THIS INDENTURE; ~1ade thc---- Day of . _ JO~~Pt-t SCIINEIL~LR anci ROSE SC1-INEIDER, his ~~~ife----- - - - - - of C. .~.~11C?~~ County, Florida, hcreinafter designated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAt~! ASSOCIATION OF INDIAN RIVER COUt`TY, a corporatien orgbnized and existing under the laws of the Unitecl States of America and havin~ its principal place of business in the City of Vero Beach, India~ River County, F~orida, hereinafter designated as the "MORTGAGEE." - - ~ ~ F~~~r `!'h~usand anc_i nof _l lKl-- WHEREAS the MORTGAGOR is justl i e the Mt7t~ i l,%~GtE in the sum ot $ - - - - - - - - - ~ - - - - - - - - - - ~ (g ~ . Dol lars, good and lawful money of the United 5tates advanced by the ; - - - R90RTGAGEE unto the MORTGAGOR, as ovidenced by a certain promissory note of e:en date herewith, of which the following in words ; and figures is a true r.opy, to-~vit: ~ ~~~~2 f S 000. 00__ Na - - - - - ~ Vero E3aach, Flurida. --------reb~'U~II y._l~, ~966 _ , For volue received I or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF (NDIAN RIVER COUN'fY, the sum of S~~ ~~~e,00_-_ at its office in Vero Beach, Florida, ~vith interest at the rate of __~'_3___._.~-_ ~ per tent per annum, in the following manner: ~_.~rJ._~Q-___ upon the first of each and every month hereafter until the full principal sum, with interest, has been paid; said monthly payments shall be applied first to the payment ot in~erest on the unpaid baiante, anci tnen io ine paymeni oi princi~rai. This note is negotiablo and if default in payment occurs, may be plsced in the hands of an attorney at law for collection, in ~vhich event I or we agree to pay the costs of collection, including a reasonable attorney's fee, and each of us, whefher maker, guarantor or endorser, hereby severally ~~aives demand, notica of non-payment and protest of this note. . /s/Josepli_ Schneider_ . _ - _ __.cseau ~s/Rose Schneider _____«ai~ In the event any payment is ~ot made prior to the 20th day of the month when due, then this note shall bear interest at the rate of 5.496 from the date any such payment became due and throughout the pariod of such delinquency. State stamps paid and cancelled on original of this note in the amount of $S~_..QS~__. . NOW, THEREFORE, the MORTGAGOR for the purpese of securing the payment of the said eum of ~_`~}.QL7Q. QQ__...__ and the performance of the covenants and agreements hereinafter expressed, and for divers good and vafuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of land, situate, lying and being in the Couny uf _.__sr..._~U.CC1E'___________ and State of Florida, described as fioltows: Lots 13 and 14, WUUllLAWN 'i'~IZitt~C;~, aC~O1Q111~ LO Tne Yi~ti ii~~~tui . on file in Plat Book 9, at Page 49, public records of St. Lucie County, ' Florida . ~ G - j. RECE1t8D # w ~ I H I~ ~F t- L U F-~ i t~ : 1N PAYMENT OF *J1~~~ DOCUMEVTA,p ~ STAMP TA'~( _ dIIEON CLASS'C 1NTA*IGIBIE PfRSQNAL F..!FEHTY, ~ Z Sa~ !'URSU4NT TO CH~PfEk 2U77.4, ,~:-Tc .J ~ UF 1g1}, ~ = FEB11'6b ` R'=`- • Grrk ~ O ~ ~ C; 6 ~ - ~-vii.a? ~ ~.1/='l~~ ~ Uf~ t_ ~ • ~ ~ ~ Cts li,;~n? f. Tf~ A1. iA j (n U COMPTROLIER~~_ - Pg.140139 ,Y. con~~: St. lv« Co~rerj 7ax Cal[ettor ~ _ ~~~.-CF~'CG-l~ i ; acpun c~~x ; together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregotng de- - scription and habendum. ' TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said MORTGAGOR for___Cjl~lr__heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succes- the c'~Te (awfully siezed of the said premises in fee simpte; that the same are free, clear and dis- ~ sors and assigns, that-_________ y----- - eq ty, and that___.tYle~!__._._.__ charged from atl liens and encumbra~ces in law or in ui _ will and ___.the1T______ heirs shall warrant and ~ defend ihe title to the same to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stjpulations, agreements, . s conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and ihe Estate hereby created shall cease and be null and voi~l. tT IS UtJDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only and shall be plural jointiy and severally if more than one, and that the word "Their" as used anywhere in this Mortgage shall be taken _ to mean "his," "her," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and ` agreements herein contained to any of the parties hereto, the same shall be construed to mean as ~vell as the heirs, (egal representatives, suc- cessors and assigns (either voluntary by act of the parties or involuntary by operetion of the law) of the same and that the covenants h=rein ; contained shall bind and the benefits and advantages inure to the respective heirs, ~egal representatives, successors and assigns of the ~ parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: l. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every promptly on the days respectively the same severally become due. ~ 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every nature and kind now on ; said described property, or that hereaher may be imposed, suffered, placed, levied, or assessed thereon or that Fereafter may be levied or ' assessed upon this Mortgage, or the indebteJness secured hereby, each and every, when due and payaUle according to law, before they be- j come delinquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same shall ba promptly ~ satisfied and discharged of record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially # endorsed or certified) shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that any thereof ~ i is not paid, satisfied and discharged, said MORTGAGEE may at any time pay the same or any part thereof without v~aiving or affecting any t ~ option, lien, equity, or right under or by virtue of this Morigage, and the full amount of each and every such payment shal) be immediately ~ ~ due and payable and shall bear 9nterest from the date thereof until paid at tFie rate of six and_;2fcTeehs per centum per annum and together ~ ~ v~ith such interest shall bz secured by the lien of this mortgage. CIl ~ 3. To place and continuously keep on tha buildings now or hereafter situated on said land and on all equipment and personalty cov- ~ ered by this mortgage, with all premiums thereon paid in full, fire insurance in the usual standard policy form, in a sum approved by the NORTGAGEE, and tornado insurance in the usual standard policy form,in a sum approved by the MORTGAGEE, in such company or companies ~ as the MORTGAGEE rrtay direct; and all fire and fornado insurance policies on any of said buildings, any interest therein or part thereof, in the ~ aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause or such other clause as the Mortgagee may ~ require, making the loss under said policies, each and every, payable to said MORTGAGEE as its interest may appear, and each and every ~ such poficy shall be promptly assigned and delivered to and held by said MORTGAGEE as further security to said mortgage debt, and, not less than ten (10) days in advance of the expiration of each policy, to deliver to said MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no fire or tomado insurance placed on any of said buildings, any interest therein.or ~ - part thereof, unless in the form and with the loss pay~blR as aforesaid; and in the event any sum of money betomes payable under sJch F f IRC-251-1 At-5-64-M r ~ ~ BOOK 138 24~