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HomeMy WebLinkAbout1295 L 3J~ ~+_L TMIS iNDENTURE, 1N~d~ tF~~__._. l~ t~' d+y oF e t o b e r A.~. 19 ~ b.nw.«+ EdNSrd B Cfl ack an Mgrv G, ar~nack, hi~ w;fP ~ Cp{p~py F~plii~ IIMlIMfTM dN~MtK) ~i tM "MORTGA.rsOR;' ~nd FIRST FEDERAI SAVINGS ANP IOAN ASSOCIATION OF faRT ?IERCE, • corpor~tion orqN+iud and ~xistiny undK tM lavvs of th~ Uni»d 5tat~s of Ms~riu and havinp its prindpal pl~u of bwinM~ M fh~ Cily of Fwt ?i~rc~. Sf. luti~ Counry. Flwid~. Inr~in~ft~r dNipn~t~d as th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR N ~uttly ir+dtW~d fo t1+e MORTGAGEE in N+s wm of x 8 iJQ~ yood ~nd lawful mw?iy of tM United St~tt~ ~dv~nced by tM MdRTGA~'rEE vnto tM MORTGAGOR, si ~videnced by a csrtoin promiuory note of ~ven date h~~ewith of which t!~ foilowinq in wwds ~nd f{pur~s h• nw copy, tawit: . ~ 3' xo ~ ~ ~,500.00 ~ fort PiNa, Fkrrid~. OCt0~6~'' 1~_._I~~ fw wlue r~uiwd, 1, vw or ~itMr of us, prnmiN to p+y, without d~filut+o~, to th~ order of FIRST FEDERAL~ tSAYhIM~G~S~ /1ND LOAN ASSOCIATION OF fORT PIERCE at Fort Pi~r , fiwida, the tum of = ~•~00 • with ~ntere~t from dite ~t the rit~ of1± a~.~X p+K ann~m, in rm~nthly imta~b rrkntt follows: S 6~• on tM 1~ th day of D e c embe r , ~ q~~i and a like sum on tha cwraopondinp day of axh month tAer~- •N~r ~ntil th~ whol~ b~ fully peid. E+~ch instal~rmnt fint sMll bt app~~ed in payment of the interast end then on tM unpaid balance of tM pr3nupal sum. If default i~ msd~ in tM paymant of ~ny imt~llment whsn dw, ~~d such default continues 30 day~, then at the option of th~ holder, and without ~ny other nWice, sll 1M rem~inlny instailmMb ihdl b~ dw ~nd p+y+bla at axe. Privileye is yiven to prep+~y ihis rate in whol~ or in psrt ~t ~ny time without penalty. Neithar forsb~ar~r?a, nat ~tc~ptanct by iM hold~r tMr~of afttr any defsult in any paymentt hereon, shall be dtemed eztenaion. A(ate payment tha?gs of ~..s shalf b~ add~d to ~ach iniallrrwm nm~ininp unpaid 7 days after ih dw dat~, and a Itke ~um ~hall be added to each wch instal~ment r~m~ininq unp++d 7 days ah~r •ach wccMdin4 p~ymMt dah. E~ch rruk~r, turety and tndoner hersof, jointly and teveraNy, waives demand, preaentment protest and notice of protest for nonpayment, ~nd furthtr agr~es to ~ny ~xtension of tim~ of payment, either before or after maturity, without notice to any of us; and to pey al) costs of collettion, intludinp a reason~ble •ttnrr»y'~ f~e in th~ event of any defaull hereunder, snd hereby severolly waives ell benefit of home:tead and examption undar t!» ca+ttitution and I~ws of a~ch St~?~ of th~ Unitad Statet, as againit this obligation or any eztension or renewsl hereof. Witntu tF» Mnd ~nd a~l of each party. /s Edwa rd B C a rtna k ~,?u ~ i~ia r` G. C e rma c k ~senu cs~?u ; 12 . ~ 5 _ _ 1 Stat~ Rewnw (5tamp~ une~ll~d on ori9inal rwt~) p NOW, TNEREFQRE, tM MORTGAGOk for the purpos~a of srcurirrg payment of ssid ~um of S~'l ~ K~~' ~n - and tl» performance of fM tov~n~nft ~nd prs~menri her~inaft~r sxpressed, and for diver• yood snd valv~bl~ conaideretiom, by thea presents, doa~ grant, bsryain, tell, remias, ret~~so, conv~y and oonfirm unto ih~ MORTGAGEE, iri succesaors and asiigns, stl that certain lot, piep or p~rtel of land, aituste, lyiny, and belny In the Cou~tr of S e in t I_U C i 8 , snd 5tat~ af Fbrida, d~svib~d as foltow~: Be~Zinning st the Northweat Corner of the NW~- of the NE1 of the NE4 of Sectian 7, Townshin 35 South, Renge !~0 East. run South 330 feet; thence Esat 100 feet; thence North 330 feet to Sectian 13ne; thence West 100 feet ta the ~oint af be~innin~?, ? i 7 0` . RECEIYED i IN PAYM~NT OFTPXES DUE ON CLA55'C !`lT~NG19:.E PERw~tiAL PROPERTY PURSt1ANT TO CHAPTEF t~%2= ~='F 1°41. 120G:R PGITRf,~~, C~~=rk Cirr~it C-urt - - a~ A~- S`I~A-I t ~F 1~ L(:~ Pnt fcr CU-:~15 M. JAti1`S w St. lncia Ccur?tY 74x Collector c~ DOCUMENTA " STNMR ~,~X ~''J ~,b~~ ~ _ ai1~6s ` ~ r~,. _ ' ~ J 1275= By DEPUTY CLERK ~j ~~~~puER - r~, iS!1139 _ _ . topetFm with all and tinQu~ar iha te~emQnts, hereditaments snd app~rtances tMrwnto belcxpinq w in ~nywis~ appaRat~irq thertto, ~nd ~~I rM1a, fssues. proce~d~ and profi» sccruiny srtt! to ~ccrue from said premisas, e~l of which ane includad in tha abov~ +nd fwpoinp dsscriptto~ and Iwbendum. TO HAVE ANQ TO HOLD tM abnve described +nd yr~ntsd prcmiset unto the ssid MORTGAGEE, iri waessws and euiyns forevN. Md ths iald MOR7GA R fw t'~~-j-~'- heirs, exxUtws, sdmireistrarors and auigns, hereby cov~~anri with tM taid MORIGAGEE, iri w[tMSOn and auiym. tMt y~ r-~'~-- lervfully seizad of the taid premises i~ fes ~impla; that ths asme are frM, cleu ~nd disti+aryad from ili liemt awd intum- brsncy in Iwr w in ~quity, ar~d ttut ~he~' will ~nd trieir hsin ihall w~rnnt and dsfend tM tiN~ ro th~ urn~ to tFk ~aid MORTGIlGEE, ita sucu~sors ~nd istiyna. fawe? syainst ths lawful cl~ims and dtm~ntia of all pe?son~t ~ PROVIDED, ALWAYS thit if tA~ AAURTGAGOR shall p~y vnto the MORTGAGEE tM promi~?ay nats h~reinbtfor~ d~rwibed ~nd aM61 t?uly, prampt{y ~nd fulty p~rform, discMrq~, ~xecvt~, compl~tt, canptY with and abide by ssch and eve~y tM stipulstiau, ~yre~rrknls, co~ditioro •nd cov~n+nn of aid promissory noN and of thi~ Mort~qe, tMn thi~ Mwtqaye and ths Estate her~by awted shail csa~ ~nd b~ nul) and vnid. !Y IS UhldERSTt70D thst tM wad ••Martyayw„ wiuther in tF» •ir~ular or pluni mywMra in this Nbrtpay~, ihall b~ sinpulu if on~ only ~ ilull be pl~ral Eointly ~~d ~swr~lly if mon than or+~, and that the word "tMir" ~t uad ~nywMr~ in thii IVbrtyaqe ~hall be tak~n ta m~an "his,° „Mn,,, or "its;' wiw~wK tM cont~xt w impli~s a admita. Alw, th~t wfxreder then is a referenu in tM cov~nanri ~nd aqreemMnri Fwr~in oontafned to my of tpM partia FNreto, tM ~airw ~II bo cornnwd to rre*a~ as w~ll as the hein, hy~! nrx~sent~tive~, succ~ssas u+d ~uiqru (sitMr volvntsry by ac? of tM p~ni~s nr invalw~t~ry by op+raYwn of tF» Isw) of th~ seme and that tfie cov~nsn» i»r~in cam~ir?sd ihall bind ~r~d th~ b~rKfits snd ~dv~ntsgh irrur~ to tM r~tpectiw hein, Ip~l r~re~nt~tir~s, succeuori and au~gns af tFN pa~tiK Mreta. Ae~d iald 11Rortyaqora, fw thems~lwt i~d th~ir heiro, leq~l roprrsem~tives, s~tc~swn ~nd auiym, horeby jointly and e~vK+Ily covsr?aM and pne ro and wiffi tM s+id MORTGAGEE, in sua.sw.s and assiqns: 1. To pay all ind siropula~ tM printip~l and 3e+tKrst rnd tfie variow and wndry wms of ma?eY paY~blr by vinw of ~aid promis~ory not~, snd th(s mortysp~, Mth ~nd wMy, promptlr on tM days resp~ttively tha same swsrslly becort» dw. 2. To p~r ~11 and s;epular tM rues, a~assmants, levies, liabilir'~t, obliystions a+d ~r+cumbranna of werY n+t~n and kind now a+ s+id d~sc+fb~d prop~rty, w tlwit F~~~f1~r n?ry b~ impard, s~ff~+rrd, placed. {evi~d, w aiwssrd thsr~on, a tlwt hK~~ftN m~y be Iwi~d or ass~d upo~ tF+fs Mo?tp- p~, ar tha b+d~bt~s ~cur~d htr~by, sach ~nd ~v~ry, wha+ dw and psrsbl~, aotwdinp to I~w, brfon th~y becwrN d~llr~qwnt. Md b~+ a+Y h+t~?at an~cha w arryr peew~Ity it Fncurred; AND INSOfAR AS AldY THEREOF IS Of REGORD TF{E SAME SHAII 6E PROMPILY SATISFIED AND Di5C1iARGED OF RECORD AND THE ORIGINAL OFfiC1Al DOC~4lENT (StJCH AS, FOR INSTANCE, THE 1AX RKEIpT OR THE SATISiACT10N PAPER OFFICiAtlY ENDORSED OR CERTIFiED) SHALL SE rLACED IN THE MANOS OF SAID MORTGAGEE VIi1THlh~ TEN DAYS NEXT AFTER PAYMENT; and i~ tM evsnt that any tF»?~of is rwr p~id, sat'~f~d ir+d ditcha~p~d ts~d MORTGAGEE may at ~ny tirne pay tM s+me w+ny p+rt itxreof without weivir,g or ~ffrctir+q iny opfion, li~e~, puity o~ •Sqht ~nda w by virtw of th~s mortysy~ snd the fuli ~mount of esch ~nd evsry sych paym~nt ~hall be immediately due •nd pay+ble ~nd ~I+~II bNr irMMest ~rom th~ dN~ Nwr~of ~mil paid ~t r~t~ of n+ne per ctnt~m p~r annvmo ~R ropetMr with tucfi inter~st th~ll be secv~ed by tM liert of thi~ mor~pisq~. 6UOK .LiGc~ ~ ; . ._3 _ r~...~_