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HomeMy WebLinkAbout0534 ~ 1 t ~ lf ~ i (1 % TMIS INDEMfU~E. M~d~ f!N ~~~h _day o~ 1~.~~ ' . l~.D. lq y 1, b~1wNn Car L. FRKera~trom and Gene C. Fa~erstrom. hig w12'e _ _ of ~T,Ll1Gi p Ccwnty, florid~, h~rNeaftK dNipnaNd u tM "MORTGJIG4R," rw+d CITIZENS FEDERAL SAVINGrS AND LOAN AS.SaC~ATil7N OF ST. LllCIE COUNTY, a corporatwn aQ~nisrd u+d ~xistiry w~d+r tM laws of th~ UniNd SfNN of An~k1 N+d h~vinq its principai pi~a of busin~a i~ th~ Ci~y of Ft. Pisres, 5t. Lucie Couc~ty, Florida, h~nin~ftK d~aiyn~t~d as tfi~ "MORTGAGEE". WHEREAS th~ MCNtTGAGOR is jwtly indabad ro tM MORTGAGEE in tM wm oi i?..t~~~ nn yood and iawfvl rewr+~y of tM lMtNd State: advanc~d by ths MORTvAGEE unto th~ MOitiGAGOR, n evidMC~d by a csn~in prom~sswy not~ of ~v~n daM Mr+with, of which tf» fatbwinq in vyprds e~d fipuns is ~ trw oopy, tawit: : 7 --..~0~.0 ~.~.~5 F. PNro~. Florida s~lll F 2~ , 19 65 Fw v~lus ?xtivsd, 1, we or ~itMr of us, promis~ to pay, witha+t d~fdution, ro tht ordrr af tItIZENS FEDERAL SAVINGS AND IOAN A550CIATION OF ST. LlIC1E COUNTY, ~t Ft. Pierce, Florid~, tfie sum of S~. ~ nQ . with iniw~eat from d~» at tl~ rat~ of.~..~Z~ pK Mnum, in monthly fnstailen~nts a followt: - 2~ on the~~e.~L day of S.~ Ttlb 19~ and • lik~ o~m on fM cwrapondiny d~y of ~ach month tiwrwf»r until tlw whok be fully p~id. E+th in:t~l~rrK~t firot shal! bn applied in psyment of the inN~ett ~nd thsn on tht unpaid Mlanc~ of the printipal surn. If d~fauh is m~ in tM payment of any in~tsl~ment when due, and such defauh contin~e~ 30 day~, tMn st tF~ option of the holder, snd withovt ~ny otFwr rw#ce, ~11 the romaininy inst~liments shall be dve and payebi~ at once. Privileqe ii given to pr~pay fhis note in whole or in part at ~ny time withovl ptndty. NaitMr fo?~b~aranc~, nor atttpta~u by the holdsr thsreof after any default in any payrrrnb Mrwn, sh~ll ba de~med extemion. A late p~yrn~nt charpa of S3 • 71 , th~ll b~ sddtrd to each ins.aliment ramaininy unpaid 14 deys after its dvr dah, and a like ~um shall be add+d to each tuch irutalirtr~nt nmairtinQ unp~id 14 dsys aher ~~ch ~ucaedirp payment date. ~ E~ch mak~. wrNy and andorsar hirwf, jointiy and s~wr~tly, w~ives demind, pnaMtmt~+t pwtest +r~d notia of proqat fo? nrmp~rnw+t. ~nd hKthN pr~ ro a~y ~xtansbn of tim~ oi paymtnt, ~ithK b~fan a afttr mN~riry, witho~t notin to ~ny of v~a ~nd 1o P+y al! tash of coibttion, Mtludfnp s rs+~wn~blf atfa+?~y'a fw M tM ewm of ~ny d~fault Mrwndrr, snd henby eawrally wuwrs sl! k»+?~fit of Iwmrat~ad ~nd ~xsmptiwi wrd~r th~ cor+~tHulbn and laws of ead+ Stats of tM Unired 5ut~s, p yaim4 this obliqation a~ny extemion w nr»wal i~rwf. Wl~neu ths hand and ~1 of each party. ,g,~ C:oL`1 ~'i'u~1.~Lr.S1:rn ~Ay ne : _ F~eratrpm ~W IS~J?U lSEI?u ;.1 ~ Sts1r Rwsr?w (5tamps onnli~d on aripinel not~) hldW~ THEREFC~tE, ths AtORTGAGOR for the purpw~ of f~cwin0 WYm~nt of ~ald sun? of i 7 a~QO • QQ snd tM pNia~nine~ of th~ cowrun» snd pr~n» h~nirwft~r exp~~ssed, md for diwn yood ~r+d wlwbl~ oomid~ntkH». bY tMw~ Pe~n. dan yrint, b+e~t, +ell, rw~+b~, nlea~s, conwy and confiirm unto tF» M()RTGAGEE, ffs svccr~~we ~rd ass+qos. N! that eert~in bt, piw or p~rwl of I~nd. siewt~e. IYfnp. ~nd b~inp in tM County of LliCi g .ot]jZ~~_ and St~te of Florida, d„cribtd u follaws: I,ot 1, less the North 15 feet thereof, and all of Lot 27, and a11 af Lat 28, of an unrecorded plat filed in Deed Book 238, at page 15, of the public records of St. Zucie County, Florida, said lots being a part of S~ of Outlot 7 and N4 of Outlot 8, according to a Plat of White C~.ty as recarded in Plat Book 1, page 21, public records of St. Lacie County, Florida, said Lots lying and being in E~ of SE~ of Section 4, Tawnship 3~ South, Range 40 ~ast. . Said parcel of land also being described as: Coramencing at the Nor~h right of way line of Buckeye Drive a~ the point where it intersects wttb the East right of way line af Citrus Aver~ue and thence r~zn North along the East right of way of Citrus Avenue a distance of 207 feet t~ a paint; t2aence run East a distance of 220 feet tv a point; thence run Snuth a 3istance of 183.8 feet to a point on the North ri.ght of way line of Buckeye Driv~; thence run South-- Vdest along said right of way line a distance of 40.3 feet to a point; tk~ence run West along said right of way line a distance of 187.5 feet to the point of° Ueginning. ~ ~J IN rRYMEHT OFTA7[E3 l ' DU~~ON C A55'C' lN7AMGlBIE PER57NAL PROp~RTY. PUR`tlANT'p tHi.~7E`•'• 20724. P.CT: O~ 1641. RGG 2 .~~=~k Lirc~;r C_urf ~ t ent f: r: U Tt5 M. JAMgS W y„ . STA~1'~ F L. O F~ 1I~A ~ fi. tuc~ Gou~Y rax ~actor ~ i OOClJMENTA Sl`A;_~ ,C~ ~ c~.ax ~ ~ ,~30'iS i~> _ ~y P~PU11[ y ~ ~~PrR~~ 1 i Z 5=- Nd. ~so~aa ~ ~ k to4ethtr witfi all a~d singulsr ihe tenem~nri, hsreditame~k snd appurtantrt t}v»unto bela~giro9 or in ~nywis~ +~p{ss~t~ininp tFwrrto, ~~+d ilf nrMt, issws, procaed~ and profits sccruing •nd to +<crue from s~id promises, di of which ~re includsd in tfit abov~ and fwe9oinp d~stription aw Mb~ndum. TO HA4E AND TO HOID the sbove des<ribed snd granted premises unta the s+id MORTGAGEE, its tucceuors +nd atsiqra Iu?wK. Md the safd MORTGAG~OR, for i X' heir~, executors, sdminiatfator: and •iaipns, Frsr+by wvlnan» with tM said AAORTGAGfE, iti wtustors aand sssipta, tl+~t ~+~*'~--~g--- lawfully seized of the uid premise~ in fee iimplr, th~t fM t+rr~t are fr~t, t~eu and daxh~ty~d from all Ifaa «+d ~ntvm~ brsnces in faw w in equity. ~nd that .hA4 wi~l ~nd trL~ T' hsin shal! wur~nf snd dsfn+d th~ titt~ to 1M tart» to th~ said MtORTGAGEF., in tucceason ~nd assigns, fwever ayaihst rfie lawful claims and el+tmands of ali ptno~t; PROYlDED, ALWAYS N+at if tFu M~3RTGR~CsOR shall pay urt4o the MORTGAGEE tht promiuar note Mr~inbe#o?~ dsu~ib~d and sMfl trufy. prompfip snd fiully perfwm, d~uMr~ee, execut~, complete, tumply with •nd ~bide by eath and ~very tM ~tipulatiau, aprNm~s+ri, conditiora a~d ~anb of said promissory no» and of th+s Mortg+g+, than this Kuony~ya s~d the Estaze h~r~by cnated ihal~ uas~ nd b~ rwll a+~d void. IT IS UNDfRSTOOD tt+at tt» word "Matyaga" whether In tl+~ siv?pular w plunf snywMr~ a? this Matqs~, ah~ll b~ ~hpula if on~ oMy and shall be plvr~l joimly and severalfy if mas than a~e. ~nd thn tM wad "th~ir" ~s ~s~d snyWFlM ift tl~i~ AAOffQi~ fMN bf f~JtM 10 MMM1 ~'I1Ef,.•• "Mrs," a"it~;' wMrava tl» conte~cf ?o implir~ or idm~!~. Alw, that wMrewr the~e u a r~f~~e~u in tF+e covsnana and a~e~m~n» !»rsi~ tont~irwd 1o aryr d th* partie~ ia~eto, tM amr ah+ll b~ eorntrurd ~o me~n as w~~l a t?w Min. I~pal nprr~rr~titfws, sucussort ~nd ~stiprn (~Etie~? volw+t~ryr by ~ct aF t!M partiss a involuntary by opsration of tM law) of tfi~ ~~mt snd that th~ cown~nb Mrei~ cont~insd s1ull bir+d ~nd tM b~n~fits atid ~tlva+lp~s kwr~ ro th~ rNp~ctiw luirs, Ip~! r~prN+rntatira, wcceuon ~nd aui9ru of tl» pmiK !?~r~ta ° R ~23 532 ~ BOOK