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HomeMy WebLinkAbout0859 1~U~'~5 ~ rl~ . THi5 INDENTURi, M~d~ th~ ~ Q th diy of NC~ V E??7:h F' 1' A.D. 1V~ batw~e 'rJ~vnA ~l ri11~n Rn .Tn t~nn ~11_1Pn. hi g wi f~ p~ i n t T lr~ { p ~~~yry F~~~d~ ~~~~~{t~r dtsiqnated s• tM "MORTGAGOR," ~nd FIR51 FEDEkAI SAVINGS ANiD LOAN ASSOCIATION OF FORT PIERCE, a mrpontion orqanised ~nd existiny under Iho laws of tl?~ United St~t~Y of i?mtriu ~~d h~vinp it~ printip~l pl~u of businiss in tM Gty of Fort Pisru. St. lucf~ Cou~ty, Ftwid~, Mr~i~firr de:iynat~d a~ th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is iustly ind~bted to tM MORTGAGEE in ths wm of = 1 n~ n~h °~n flood and lawful moniy of the United State~ advinced by th~ MORTGAGEE unto the MORTGAGOR, ai evidencad by a certain promiuo.y note of even date herewith, of which ths foliowinq in words •nd fiqurts h a trv~ copy, tawit: ~ ~ n, f~nn,l1~ Mo ~ FoH Piert~r, Fiorid~, N~'VF'M~R1" ~9~ 19!,L-.~:... Fw velue received, i, we or eiths~ of u~, promi~e to pay, without defalcation, to the orde~ of FIRST FEDEitAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Fort Pierte, Fiorida, the tum ot i 1 n s ~!~n . nn _ W;.fi inte,rest from data at the rata of psr ennum, in monthly imt~ll- menrs as fo(low~: on tha "'t day nf ~Tf~nu~ry , 14 ~+v and a like sum on the corresponding d~y of eech month tMn- after ~ntil the wnola be fully p~id. Eath installment first shall ba applied in peyment of the intereat and ther. on the u~paid balance of the prlncipel ium. If d~feult is mac~e in the payment of any installment when dua, and such defau~t continuef 30 day~, then et the option of the holder, end wi9hout any other notice, ell the remaining ~nstailment~ ~h~ll be due and payable st once. Privilege ia given to prepay this note in whole or in pert at any time without peneity. Neither fw~+ebesrante, nor acceptance 6y th~ holder thereof efter sny default in any payments hereon, shall be deemed extension. A late peymrnt tharye of shall be edded to eath imtallment ramaininy unpaid 7 days after its due date, and a like sum shall be added to each such instaliment remaininfl unpaid 7 days ~fter each succeedinq payment dats. E~ch maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpsyment, end furfhsr egrees to eny ezten~ion of time of payment, either before or afier maturity, without notice to any of us; and to pay al{ costs of collectien, intiudinfl s reasonable attorney'e fen in the event of any default hereunder, and hereby ~everally waives all benefif of homestead and exemption under the tonstEtution end laws of each State of the United States, as against this obiigetion or any exteniion or rcnewal hereof. Witne:~ the hand end seai of each party. ~ 1 ',d i? ~~tl P~'~ ~ i 1 A 11_ (S~AL) q ~T r~ t~ T1T1 ~ ~ J A T'~ (SEAL) (SEAI) ~ (SEAL) ~ [ _ ~ ' n~ -1 Stat~ Revsnw (Sta:np~ unc~lled on oriqin~l note) NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of seid sum of E l~~~n~' nn and ihs performence of fhs covsnanri +nd spr~amant~ hereinaftar exprotised, end for drver~ good and vaiwble conaider~tiani, by these pre~ent~, does grant, bsryain, sell, ram;s~, relea:s, convvy snd co~firm unto the MOR7GAGEE, its successor• end assigni, all that tertain lot, piecs or psrcel of land, •ituate, lyinp, end beinp in ihe i Y i Counry of c' F ~ and State of F{orida, de~cribed es foliows: r r~ t`1 ~ T il T ~ ~2f~ a ~j~:a ~Yr~n~:-~ ~ ')f T !1f '~(1~ i]1 ~n'.,s l' .'1h'~,`~T 1?~TT~:"~ ^':LiL( ~~~T,:1, i nc~ ve ~ f; } i'.-. > ~ e, r~ f' » ~ .-~v~ a n !i ~ rl l ~ } (1 (`,~,r ~ i ~ ~ ;T p > 'f~ t ~ L' ~ y~ e: ^ n1n c, f j r! t T,:~~ ? !;~,i~+~r, ~~).~ria~, c/ o~- FiECE1VED a- IN PAYMENTOFTAXES ~ S1 A~ F L O R 1[1~ pUE ON CL 'y7AtiG!E~LF' PERSONAL PROPERTY. C~ r Q~.'~EN~~p~ S7AMP ~'~X• PLIrZSUA'%' 't~=R eU?"t4. ACT50~ 1941, ~ ~ - - RGG - ~ ! ~~k Circ~~it Court ~ = OEC•2'63~~,,~'?' as A-+_r,~ i r ,A1. JA:11:S , C~..~ ~ I S 0~~ St. lu:.ic Ccurty Tax Ccllector cn co~rao~.«a P.B. »oi:e - ~ , ~ ~.D BY U PUTY CLERK together with ~!1 ~nd ~ingular the tenements, hereditaments and appurlances thereunto belonginy or in anywite appertaininq thetsto, •nd ~I) r~nts, iuws, proceeds and profi» accruirsy and to accrue from taid premi:es, ali of which sre included in the above and foregoiny destription and habendum. TO HAVE AND TO HOID the above described end granted premi~ea unto the seid MORTGAGEE, its succeuars and assiynt forsvtr. And tM said MORTGACsOR for r'~Q; r----- heirs, executor~, admini:tratort and assigno, hereby cavenanfs with the said MORTGAGfE, it~ wccefsors ~~d ~Niqns, that -~-~P~.~-?--„--~ - lawfully teized of the ~aid ptemises in fre simple; thst the ssme ara fres, clear •nd discharqed from •11 Uen~ ~nd Mtvnr t; P,'~ brsncs~ in law or in equity, a~d that t=h~~.__ will end r' r hein thal? warrant and dafend tM title to the tams to th~ said MOftTGAGEE, its succeuon and auiyns, forever again:t ths lawfvl claims snd demands of •II psrwru; PR4VIDED, AIWAYS th~t if tM MORTGAGOR shall pay unto the MORTGAGEE th~ pror~swry nota herainbefw~ described and ahail trvly, promptly ~ and fully psrform, di~cMrq~, axecvte, camplete, comply with and abide by each and every the itipuiatiani, agreamenri, condittons and tov+na~ts of a~id ' promluory not~ and of this Mbrtgage, then thi• Mortgage and the Estete hsrsby usated shall uase and be null srod void. IT IS UWDERSTOOb that the word "Mortgagor'° wF.ether in the s~~gufar or piural anywhert in this Nlwtgage, ihali be ~iriyular if o~o onl)' ~ th~ll b~ plursl jolntly snd rtvsr~lly if mor~ th~n ona, and thet the word "their" as uaed anywhere in this Mwtq~ye ~hall be tsksn to m~an "his," "han," w"Yt~" whsrev~r tM tontsxt so impliet or ~dmits. Alw, that wherever there it ~ rtfe~erxe in t}» covenanft ~nd ayreerrknts herein co~tsln~d to eny crf the p~rtia her~to, tfi~ arrK ~MII be construad to mean ai well at the heiri, lepal r~QreseMetivei, succ~~son and euiqrn (eitfiK voluntyry by atl ef th~ portiei or invol~ntary by opsr~tion of the law) of the same and that the covensnt~ h~rein containad ahall bind and tM benefiri and ~dvantsyp invra to tM re~p~eiiw h~in, 1pa1 rspr~s+ent~tive~, successorr and sss~Qns of the p~rties hereto. And ~ald Mortqpwt, fw them~alves and their heirt, leqal representatives, svccetsots and auiynt, hereby (oinfly and ~va+lly Cov~Mnt ~nd prM to ~~d with the said MORTGAGEE, ib s~ccessors snd assiqns: i. To pay •tl and tinqufar the principal and i~tareo! and the vario~s •nd ~undry wms of money payable by virtue of aeid prom;swry not~, ~nd thi> > snortpp~, Mch ~rwd av~ry, pvomptiy o~ the days roapettivsly the same eewrally bstom~ due. 2. To pey all ~nd ~ir?pular tha taxK, ~ss~smena, levies, li~bilit~es, obliy+Ywna and sncumb~nca of ~v~ry natur~ ~nd kind now on ~aid dMCribed preperty, or th~t Fr~r~~ft~r m~y b~ impoied, suffered, pl~cad, levied, os atseued therson, nr that Mnsft~r msy b~ levied ar a~sesied upon this Mort~ ~y~, w the L+d~bt~u wcur~d har~by, ~sch and every, when dve ~nd pay~bl~, ~ccadirq ro law, btfore they become delinqwnt, ~nd b~fon ~ny Im~~~st attecfief or sny p~n~lty is inc~rrsd; AND ~NSOFAR AS RNY THEREOF IS Of RKORD THE SIUYIE SHALL BE PROMPTLY SATISFIED AND DfSCMARGED OF RECORD AND THE ORIGINAL OffICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFFICIALIY ENOORSfD OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of $AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; anci in the ~v~nt tMt ~ny ther~of i~ not paid, sat'sfied •nd diicharped taid MORTGAGEE msy ~t any time pay the tarne w any part thereof without waiviny or effecting any option, liw?, squify a .ipht urtder w by virtu~ of thi~ mortqs~e snd the full amo~nt of eath end every ~uch payment thall be immediately d~e and p~yeble snd Yhall bear int~r~st ~rom the dste th~reof until peid st roTe of nine per centum per ennum and he '~j uch intere,p~~ secvred by the lien of th:t morqtay~. OOK~V~? ~ . i~..~..d - -s