HomeMy WebLinkAbout1299 _ ~..e..~........~,~....~...--- - - ~ _ - _ . _
c~"1 J ~ c~t r....
! 3J5'i ~ R-
TMIS INDENTURE, 1N~ di' ~hth d.Y of O~,taber - A.p. ~9~. b.~..++
Ernest Ki.n~ and D~1~M~~ King, his Wi~'t~
of S t~ i nt Lua i e ~~fy flaide, Mr~tMffK d~~ipn~bd as tM "MORTGAGOR," and FIRST FEDERAt SAVINGS AND LOAN
A550CIATION Of lORT PIERCE, • corpor+tio~ orpa~ia~d and ~xiatinp und~r tM i~ws of tM Unit~d St~t~s of Am~riu ~nd h~virq i1s pri~tipal plao~ of
bwh+~u In thr City of For+ Pi~ra. St. luci~ County, flwida, ~ninaft~r dasiq~at~d tM "MORTGAGEE:'
WHEREAS tM MOR7GACrOR b jwN~r ind~bbd ro Nw MORTGAGfE in tM wm of i 2 a~~~~ ~ 00 yood and I~wful monry of th~ Unitrd
Stat~s sdv~nced by tM MORTGAGEE unto tM MORTGAGOR, as ~viwnced by a certain promiuwy nato of evsn date F»r~with, cf wfiKh tfi~ fopo~rinp i~
worda ~nd f urN h• trw copy, to-wit:
~ 2. 20~. Q0 oc tober 16. ~ __19 6
fort Pi~rc~, Florid+,
For v~lw ret~iwd, I, wo or ~itMr of t~, promia~ to pay, without defaleetio~, to the wder of FiRST FEDERAL SAVING+5' AND LOAN 10.550CIATION Of
fqRT PIERCE ~t Fort Pi~rrce, Fbridr, th~ t~m of : f~.t '~~0 w:th intsrest from date at tM r~t~r of v~iC..a16 per rnn~m, im manthly inHS11-
menn a fotlows: f 22~d~ on tM15th day ofD9Cem~79P 19~ and a lik~ sum on the correspond'mg dsy of t~cfi month tMrr
•ft~r ~ntil the whol~ b~ fvlly paid.
E+ch installrr»nt first ~hdl b~ applied in payment oF the lnterost and fhen on the unpaid balanca of the principal sum. If de(ault is made In tM
p~ym~nt of ~ny initallment when dw, a~d su<h default continues 30 days, the~ ~t the option of the hotder, •nd without any other notice, all fhe remalniny
imt~llrr~nts th~ll b~ due and psyabl~ at oexe. Privilspe is yiven to prepay thi~ note in whole or in patt at any time without panalty. N~ither for~bNnnce,
nor acc.~ptant~ by fM hold~r thtreof after e~y default in •ny aayments hereon, ~hall be deemed extension. A late payment cherys of ~1-1
0- Ehall b~
added to ~rClf intt~llm~nt r~m~ininq unpaid 7 days after id d~s date, and a like sum shell be added to each such installmsnt rrm~ininq unpaid 7 d~y~ aft~r
~+ch succs~dirp payrt»nt d~t~.
E~ch msk~r, surety and endorser hareof, jointly and ieverelly, w~ivea demand, preseniment protest and notice of prote~t for nanpayment, snd furtMr
•grQes to any ~xt~nf'wn of tim~ of payment, rither before or after maturity, without ~otite to any of us; and to pey etl co~ts of collsctinn, includiny a
reason~blM attorA~y'~ fee in the ~vent of any default hereunder, snd hereby eeverally waives al~ br.nefit of homestead •nd exemption undar the constitution
and I~wi of each Stat~ of the Ureited States, aa against this obliqation or eny exlansion or renawal hereof.
Witneai tM Mnd ~~d ksl of each party.
~ ~ Frnegt KinF_ ~sE~?u
s Pe13.a Mae Ki.ng__
(SEAI)
(SEAU
( ~ ~ ? 0 ) St~t~ R~v~nu~
(Stamp~ pntell~d on alyin~l not~)
NOW, THEREFORE, th~ MORTGAG4R far tne purpoie of ~ecvring pay~nent of said sum of S~i~~Ot~~ . ~nd M» perfom+ance of tM
cov~nanri and ~prNm~n» h~nin~ft~r expressed, and for divers qood and valusb~a tonsiderationi, by these presents, does gnnt, barpain, ~ell, rtmis~,
rel~~ta, conv~y •nd tonfirm unro iM MORTGAGEE, its s~cceasors and assign~, all that certein lot, piece a partel of Isnd, ~ilvat~, lyiny, and b~(np in t!»
~ounty o{ SP ~ rif T~~ j,A , and 5tate of Florid~, deuribed follaws:
gP~in at the Southeast carner of `r'ract f;.8 of GARnEN CITY FAFtMS~ ~ccord~n~r to
thp ~la t thereof on f~ 1P, in plat ?~~ok. 2, pi~~e 5, of thP public records o£
St. T~ac;e Count~r, Florida, and r~in t~JPst 660 fePt, m~re or ~.esr: t~ ~'~e g~uth--
;~,.aQr f':(~Y'rl?r of sa3ii Tr..,^t I.£~, t~zencF~ r;~n ?do?^~h 120 fPet; th~nce ~nst ~10 feet,
~1'?F?t1_r,P NOZ'±j'1 4~ fgnt ~ t~'1e21C~ "R9t ~1~~ fA~?t t0 tr18 ~fi9~ line Of' 8:1i C~ ~'?''~iCt 1F~~
thence So~~*h ~E~~ f~Pt to thp ~~~.nt of be~?jnr,in~; s~i ~i land l zina in SP~*.~ on
5, Towr.gn~~ '~K ~c,~ith, Rnn~e 11~ ~'~st! ?
~~r;JVF[~; ~ F...~;>:T , `E3 _
~ ~lh !`iTh'1 ~~t ~ F:-ti ~ _ .;Y. ~ a7~~~M ~ ~ Gr ~ ~ V f'{ 1 ~~H
f ~t uhrTE '7;c~ ~ ' , i~ .
_ ,ti~, , c,.:~K ~~t~~,~ c-,,;r ~ ~ DOCUNIEN7Ap
~-..ST~,h9P "iaX
t` =r~~ fi~r rl M. 5~..~'-~ ' OCiiB'6'Slf,~'r -
~t i,~, t ~:ty 'scx ~~oNector ti V = v ^ ^
c~: N ~~,~T~~~t~~~~= 3 3 0~
,~-~o~..l~c.l.z~ N'" ~`o?.s =~«F-`=~.-- - _
~'f - L F_~'GTt" ~i f_F!!
top~thrr with all snd tinqular th~ trnements, hereditaments and sppurtanc~s themu~to bslcxginq w in anywise appMaininy the~slu, ~nd atl r~nri, lssuti,
proceeds ind profits xeruinq ar+d to accrue from ssid premises, all of whid+ srs i~luded in the sbovs +rnd fae$oinq d~scriptitM and h~bindum.
TO HAVE AND TO HOLD tM abovs describsd and qranted premiies unto the uid MORTGAGEE, iri svcce~sat +r+d asslqna foreva. And the wld
MORTGAGOR fw ~h~'"j Y' hairs, executort, sdm'snistraton •nd ~uigns, hereby covsnsntt with th~ said MORTGAGEE, ib ~uttouas and ~stiyns,
th~t ~1'~'- I~wfully ~eizad of the wid premises in fee simple; thet the ur?k an frse, cle~r anc! dischary4d from ~II tiens and nxw+r
bra~s in I~w w in puify, and that th~v _ wili snd the Y' hsin thell warrant and def~nd tM titl* to thi NrM to th~ uid
MORTGAGEE, iri iua~uon ~nd ~uiyns, forever aysinst the lawful claims and dem~nds of •II persorqj
PROVIDEP, AlWA75 tfiat if the MORTGAG47R shall pay uMO the MG>RTGAGEE the promisu+ry rat~ Mreinbafnr~ doscrib~d and thall truly, promptiy
~ ~nd fully p~rform, diuMr~, exacu», compl~te, comply with snd abide by each and swry tM ~tipulstions, +y~ewmenri, tonditio~s ~nd covenanri of taid
promiuory rat~ ~nd of thu lNortpps, rhen thi~ Mongage and ths E~tata hereby ueat~d ihall c~a~e snd b~ null and void.
It IS UNDERSTOpD that tl+~ ward "Matqagw" whather in ths sinqul~r a plural inywMr~ in this Mwtyaqe, ahall b~ ~inyulsr if ane only ~
shall b~ plural foimly ~nd ~ewr~liy ff mort tha~ on~, and that the wwd "th~ir" ~a used ~nywfaro in this Mo?tyay~ shall b~ taken to m~~n "hb;' "hen;'
w"in;' wh~rsy~r th~ cont~xt ~o impli~s a ~dmin. Also, thst wlxrever then is a r*f~rence in th~ cown~nts +nd aqr~ement~ herein cont~irad to any of
tM p~?ti~s Mnto, tM t~rt~ ~F~all t~ construed to msan as wsll a: th~ heir~, leqsl rrpr~M+tives, uxceuon and aui9rn (either volum~ry by act of tl+~
partiM w 6~volue+t~ry by op~r~tion of tM law) of the tart+~ and that the coverunts h~nin ca~+tained ~hall 6ind and t'rw b~Mfiri ~nd advanfip~s Inur~
tn tM nsp~etiw Mirs, I~pal r~aentatiws, wcceiwn and as~~ym of tM parties MrQto.
And s~id Mortqapors, for th~ms~lve~ and tMir hein, leqal npresentativ~s, iucteswn ~nd ~uiqns, h~reby joinHy snd s~venlly tovtna~t er~d ayne
ro and wlth tM wid MORTGAGfE, it~ sucnuas a~d asaiyns:
1. Ta pay •11 and ~irtyula tM principal ~nd int:rwt and the wrious ~n~ wndry wms of morney piy~blr by virtw of said promiswry rats, and this
mor9yap~. Nch u~d way, promptly o~ tM dayt r~ap~clively ttw ~~me ~ev~r~lly b~car~e dw.
2. To pay •II ~nd ~fe~pular tM t~z~s, ais~umrtnts. Irvies, liabilities, obiiy+tions aruf ~ncvmbr~nc+s of every natvr~ ~nd kind now on said daaib~d
p?op~rty. or thN Mnaf»r may bu im~rowKO, suff~nd, pl~evd, Iwi~d, w~aNawd thersae. or that lw:~ft~+ m~y l» I+wi~d o~ us~s~ed upon thb Morp-
ape, w the kd~bt~dew~ t~twsd h~reby, ~ch ~nd ewry, when dw ~nd p~yabk, aao~dii+q to larr, b~fat tMy b~c«ne d~tinqwm, and b~fon ~ny i?r~esf
~tt~ches a any p~nalty i~ krcwr~d; ANd INSdFAR AS ANY THEREOF 15 OF RECORD TME SMI1E 5HAll dE PROMPTLY SATISftED ANO DISGHARGfD Of
RECOitp AND TME ORIGINAL OfPICUI DOCUMENT (SUCH AS, FOR tNS7ANCE, THE TAX RECEIPT OR THE SATISFACTION PApER OFFICIALLY ENDORSE~
OR CER71FlED) SHAII aE ~IACED IN TH£ HANDS OF SAID MQRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj u+d in tM w~nt that ~y tMr~oF k not
paid, sat,sfi~cl and dischary~d Nid MORTGAGEE msy ~t any timo p~y the same or ~ny pan th~rwf witho~t w~ivirp or affectiny ~ny optio~, li~n, eq~ify w
?ipM undet w by vinw of thi~ mortpaye and the fuli amou~t of e+th •nd wery svch peyme~t sh~il b~ immediately dw ~~d paysble •nd sMll bt~r tM~nst
from tF~ d~te tM~wf ~mtil paid at rate of n~n~ pt~ centum per an~um ~nd ropetF»r with such interest ~hall ls~ ~ecured by sM lien of th:s mo~qtaqe.
aoaK ~29 ~~0 ~ _ ~ -