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HomeMy WebLinkAbout1677 13~~E~~~'~- ~~t ~ TFIiS INDENTURE, H1ad~ tha 1~~'h day pf a111'11 _ A.D. 19~ betv0iien Gla de af S~i. LtQ~9 , Co~nty Florids, Mnin~ffK d~s{pnat~d as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PtERCE, • corporatian o~qanised and ~xist(r~q v~d~~ th~ ~aws of tM Unit~d 5tata of America and havinp its principe! ptac~ of b~sin~a M tM City of Fwt Pi~.c~, St. lvcie Couny, iarida, hM~lnaft~r daiqrnt~a as ti» "MbRtGAGEE.,, WF}EREAS iM 440(tTGAGdR is jwtly 1nd~bted to tM MORTGACrEE in 1M ium of x b~~~d - Q~ 9ood ~nd I~wful money of the United Sta1~s advaneed by the MURTGAGEE unto the MO°FGAGOR, as ~videnud by a t~ttain .promisswy note of even dste herewith, of which the followinq in wo~a ~ Of{~ur00 a trw toPY, to~wit: No~ 6 0. ,,8K1 Fort Pi~rc*, Florida, .71111A l~,! 19~1~ Pw valw ?eceiv~d, t, we or eithar of ua, promLisa ta pay, without def~lution, ~o tM order of FfItST FEDERAL S/4VINGS AND LOAN ASSOCIATION OF fdRT PIERCE at Fort Pierta, Flaride, the •um, ~of~,5y.,3~ ~~Q~ •~o with intaLrest from d~te at the rate of ~r annum, in monthly instell- menta as foltows: S~~=QQ on th~i.~le.ii_. day nf u~ ti l9_s~._ snd a liks tum oe tFx correspondiny rlay of each month 'here- efter until the whole ba fully paid. Eath installment first ~hail be applied in payment of the intere~t and then a~c tha unpaid balancn of the principal ~um. If default is made in the payment of any in~tallment when due, and s~ch defau~t continues 30 days, then ~t the option of the holder, and withaut any other notica, eIl ihe remeining installments shal) be due and payable at once. Privileq~ is piven to prapay ihis note in whol~ o~ in psH st a~y time withaut penalry. Neither forebearsnce, nor acceptance by the hotder thereof efter any default in eny paymenh hereon, ahall be deemed ea~ten~ion. A late payment tFwrqa of ~hall be added to eech insta~lment remaining unfraid 7 days aff~r iri due date, and a like sum shall be added to each s~th installment remaining unpaid 7 day~ aftar each sutceedtr~g paymem date. Each maker, surety an~ er.doraer hereof, jointly and severslly, waiva demand, ~resentment protest and notice of protest far nonpayment, end further agrees to any axta~aion of time of payment, either before w after maturity, without notite to any of us; and to pay aN costs of collection, includinq a - reaxanable attorney's fce in the event of my defsult hereunder, and heraby sevtrally waives aii benefit of homeitead and exemption ~nder the conatitution and law~ of each State of the United States, as against thia obligatlon or any exten~ion or renew~l hereof. Wit~eaa the hand and seal of each party. C sude M_ C~ _ (SEA4 S~ ~fl2@1 M. ~8I'~f (SEAI) {SEA! ) • .~C (SEAL) c_~.Q.~..L~ State Revenve ~ (Stamp~ uncelled or: aiginel note) ~ NOW, THEREFORE, the MORTGAGOR fa tha pur~e of securing payment of iaid sum of Z 6•~o~ • ~G , and tM pe~formence of t1+~ covensnts +grsements hereinafter expreued, ~nd for di~ers qood end v~lu+ble consider~tion~, by the~ presents, does qrent, barqain, ~ell, remise, release, convey •nd confirm u~ta the MORTGAGEE, iq succeuon •nd aaiqnt, all that certain lot, pi~ts or parul of I~nd, situete, lyirx~, and beinq in ihe County of ~ iA and 5tate of Fb~ida, described a~ follows: Lot 20, Block 5, of PIN~'WOOD SUBDIVISION, as per plat thereo~ recorded in Plat Book 5, page 2l~, public records of St. Lucie Countg, Florida,? ~ 1H ~AYMENT OF TAXp ~ v DUEbN CLA55'C' IP!?ANiG!BlE PER~^HAI_ ?70PLRYY~ pURSUANT YO GHAP7ER ~0724, A~7` `•'F 16A1. Rl?G-R POlTR1+5~ Cl~rk Cirrais vrt : as ~14~ f-~ T!5 M. JAllti~ 5 5t, lred~ Tax Corscld I~6~ CL~RI~ . ' h F ~ S~'A~`~ Fl.,~r~fQA _ . ~ ~ ~ - .N,NSr~! ~ ~ ~ ~ ~975~ v, v cc»~arpou.~a " - p8.19013Y to9eth~r with all and singular ths tenerrNnt:, hereditsmenri and appurtantes tMrwnto belonyiny a in ~nywife ~ppsrtaininp thereto, and ~!I r~nri, issues, prxaeds and prnfits +ccrui~g and to sccr~e from aaid premises, all of which an included in tha abovt ae+d for~Qoinq dncription snd habendum. TO HAVE AND TO HOID tha abow dexribed ar+d yranted premi~ea ~nto the s~id MORTGAGEE, iri suot~tton ~nd assigns forow~. And the said MORTGAG~O.~R, ~fw~T g ir t+es~s, axecuton, administratort md s~sigru, hercby covenanh with the Hid MORTGAGEE, its suatswrs snd ~stip++s, that -----~+~-i---~~- lawfiully seized of the s~id premi~es in fs~ simplr, th~t tFr~ ssms ~r~ frN, clear ~nd diuharp~d from ~II Ikm ~nd encve~r brances in Isw or ih eqvity, end that thev will snd the ir hein ~}+atl w~rr~nt snd dsf~nd ths titl~ to th~ um~ to tix s~id MORTGAGEE, its ~ucceuora and sulgns, forwm against th~ lawful claims and d~m~e~ of •{I persoen; PROYIDED, ALWAYS lhst i~ the MORTGAGOR :hall psy unta the MORTCsAGEE the ~,romittory nott h~rsinbefo~~ describ~d end shall tnrly, promptly and fully perfarm, diuharys, execute, complets, cdnpfy with and abide by eatn and every the atipulasions, aqrasmtnts, tatditiom ar+d covenant~ of said promiuory nott +nd of tF:is Mort9sge, tMn th1~ AAortgsge and tM Estate hereby ve+t~d th~il uaa~ and b~ n~ll u+d void. 17 IS UNOER5T000 tMt the word "Nlortya9or" whether irs th~ ~1e?yular o~ plural snywhar~ in fihis Nbrlpaqe, ahsll bs tinpulsr if ons only ~nd thall b~ pi~nl jantly and yrverally if mor~ than on~, ~nd that th~ word "their" a us~d a~ywhrr~ ie~ ti~;s Mwty+9~ shall kx taken ro mesn ••hiw„ „Mn;' : a"it~;' whsrever tfia tonteaf sfl implies or admin. Abo, that wherever therv K~ nftrsnce In th~ tovenants and +qr~b Mrsi~ comalMd to ~ny of ~ the psrtias hereto. the aame shall bo comsrusd to me~n ~s wsll st tM Fwin, Ipal r~e~b4iv~as, suct~s~ors a+~d +saigm (~itlroa wl~~trryr by +ct of th~ parties w involuntsry by opaation of tl~ law) of tM um~ and th~t Me toven~ts Iw~in to~tained sMll bind ~nd tht brn~fits ~e+d ~dvMtapes fnwe ro tM r~sp~ctiw heirs. {epal r~pr~sent~tiv~s, waeator~ ar?d ass*qra of ths p~rYNS InrNo. pr , And iaid Mortyaqort, fw tMmqlvet and MNair hein, Ipal r~p~es~r+t~tive~, rvtct~wrs end ~a~iyns, hereby jot~tly and sevx~tly covenanf and ayr« ro and witfi tM said MORIGAGEE, in succe~uon snd +ssipns. 1. To pay all and •irgular th~ prineips! and i~tsr~ and tt~ varian and ~undry sweos of mon~y pay~bl~ by vinw of Nld PfOTlfiOry ffOt~, ~+d thw mortyep~, aech +nd ~wry, Womptiy o~ fhs deys resp~ctivrly Nw aura fevwnNy bicarn : 2. To p+y all ~nd ~i,+pula tho taxes, aswssme~n, lwfe+. liabititia, oblipatiwa ard Marmbra~+on of every nitun and ki~+d now o~ said deKribrd ~ prc~pertY~ a that here~fter msy b~ impo~sd, ~uifered, pist+d, f~vied. ~x ~asswd tMr~?, w th~t herNfta+ m~y b~ ~evi~d a atwiwd upa? thb Mors~ ? >pe apa, or th~ ind~btederess s~wrd he~~by. erd~ and ~ve+Y, wMr~ dw snd p~y~bfe. ~aordinp w law, befw~ thsy b~co~rw~ d~lirpu~t, and b~fon +a+y intrnst i t m~ches w any penalry is 3r.tvrred: AND INSOFAR A5 ANY THEREOF IS OF RECl7R0 7HE SI1ME SHAII BE PR!~AAPTIY S+RTISFIED ANO OISCFtARGED OF ; RECORD AND THE ORtGINAI OFFICIAL DOGUMENT (SUCH AS, FOR INSTAFICE, ThfE TAX RKEIPT OR TNE SATISFACTtON PAPfR OFFICIAUY EN~OR5ED j OR CERTIFIED) SHAII BE ~LACED 1N THE MANDS OF SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in tM ~wnt th~t ~nr tF~ereof b not i paid, s~~'sfisd snd discharped as:d MORTGAGEE may at any time pay th~ aam a ~ny p~rt tlxtwf witlw~t waivinp or aff~cHnp ~ny opfion, IiM, puity w ' .ipht vndsr or by virtue of thi~ mortq~qe ~nd the full amount of eseh snd ~v*ry s~ch p~yment ~hait be immedi~tely due +nd p+y~bl~ ~nd sMlt b~ imtr~st y from the dats !herwf ~ntil paid at r~te of nine per centum pa •nnum and taps~r~rjtQ~1ych II1TNNt Hurred by the ~i~t~ of this morptp~. 3JOK 1 rU 2