HomeMy WebLinkAbout1406 ~ i ) ( 11 ~ \
l. ~
TM15 INDENiURE 1N~d~ tl~i~ 13th day of Dec~t~ber A.O. 19~.Y~.~. b~twNn
L1o,Td TayloZ' d Clotild_e_F_'I'~ylQZ`~ hi-s- ~•?t ~'A r
of LuC~Q Counry ilwid~, h~r~inafta eMtlqnsted •r th• "MORTGAGOR," a~d FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FbRT p1ERCE, ~ corpaation aqanixed and •xistinq under th~ laws of 1M Uni~~d St~~~t of Americ~ end Mvin9 it~ princip~l pl~te of
buointu in tht Ciry of fort Pi~rce, St. luci~ Gounty, Florida, ha~~in+h~r d~sipnated ~s tM "MORTGAGEE."
WHEREAS tFu MORTGAGOR ia ju~tly indabtsd to the MORTGAGEE in the wm of = 5-~.,
50d
._QQ.--..---.--. 9~ and lawful money of the Unlted
Statet sd~anced by th~ MCRTGAGEE unto the MORTGAGOR, a• •videnced by ~ certsin p~omissory note of even date herewith, of which the follow~ny i~
words end fiflur„ is a trw copy, tawit: .
~ 5, 5~4 . Q,Q ~ - 21'j
Fort Pierce, ftoride, DdCl~mbAZ`_„l.~_14~..
For vatue recei~ed, I, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAYINGS AND LOAN ASS(~CIATION Of
PORT PIEItCE at Fort Pi~res, F!orida, the ~um~-'o~f. yS,, 500 • 00 with interest from date at the rate ob _
2~i 96 p~r ~nnum, in monthly irotslM
mente a~ .'o:lowf: Z~1,~...00 on M~~y11- day of ~~~~-i'y , 19~ end a like sum nn the correspondirq d~y af each month th~r~-
~her untit the whole be fully pa~d.
Eath instpJlment fint shall be applied in payme~t of the ~nterest and then on the unpaid batence of the principal sum. If defeu!t i~ made in iha
paymens of any installment whcn due, and such default tontinves 30 days, then at the option of the holder, and without any other not~te, all the remainin9
initallment~ thall be due and payeblo at once. Privife9e is given to prepay this note in whole or in p~rt •t a~y time without p~n~lry. 'Neither faebtarante,
nor accepta~ce by the holder thereof after any default in ~ny paymrnts herran, ~hall be deemed extension. A late peymant tharqe of f_~~, thsll be
added ta eech installenent remaining unpsid 7' day aftar i~s due dale, and s like ~um ihall be added to each suth installment ram~ininy unpaid 7 daya aftsr
eath s~cceeding paymsnt date.
Each maker, suraty and endorsar he~eof, jo~ntly and sever~lly, waivea demand, prefentme~t proteat and notice of proteaf fo~ nonpayment, a~d further
egree~ to any extension of t~me of payment, either before or after maturity, vwirhout notice to ary of us; and to pey a~i costs of callectian, includinq a
reasonable attomey's fee in the event of any default hereunder, end heraby severelly waivet alI benefit of homestead and exemption u~der the tomtitution
and lews of each State of the United States, as aga+nsT ihis obtigation or any extemion or renewal herrof.
Witnest the hand a~d seal of each party.
Sl Llo d Tavlor _ ~sEA~~
Clotilde__~'_.r._Tgylor (SEAL)
(SEAL)
fSERI)
( - 2~) State Revenve
(5tamps cancelled o~ oriyinal nota) r
NOW, THEREFORE, tha MORTGAGOR for the purpose of ~ecuring payment of •aid wm of S 7•~~~ • and tha performance of tht
tovenanta and agreements hereinafter expressed, and for diven gaod end valusbl~ caniidar~tion~, by tMte preier~t~, doe~ yrant, barpain, tell, remise,
release, convey and confirm unto ff~s MORTGAGEE, iri successors snd auigni, ell that cert~in 101, piece or part~l of I~nd, •ituat~, lyin9, and beinq in th~
County of S~. LLLCiB snd Stste of Florid~, d~saib~d follows:
t Lnt 5, Block 1, of SEMINOLE P.ARK, ~s shown upon plat thereaf' recorded in
~
Plat Book 10, page l~, of the public recorda of St. Lucie County, Florida,`j
~
s
>
x
~
i
C G
~
/ ;v nc•!M~`~TnFot,tT`f~
FFGFIY:.C A~~' ~ ` ,~~'1?51,v
p~t~ n~: .
PI~R~= f,1 i't; r~~ j i: y.`` i
RC i~ ~u~~`,-. 1i. ~A•. W OF
e nt f., r y, 1 l41 C t' L l.~ !-2 ~ U/~?
os A9 r jcx. ~clleei':' i~ DOCIJMEPIT TAMP TAx
St. ~~te ~n ~ ~ ~ _ -
~~(l ~.----r'~ ~ ~ DEC1~'6S^
~C pEPUTY Ci.EitK ~ p : ~ ~ ~
eY ~ ~ COMPTRQLL£R -
Pg.i40i3• _
~ ~ ~ ~ ~ ~ ~
togsthtr wi4fi sll srxJ sinqulsr ih~ t~nements, hered~temer,ts end appurtences thereunfo belony+ny or in anywiYe •,ppertairtiny Thereto, •nd •!1 nnh, Iaues,
procteds and profits accrviny and to eccrue from said prevni~et all ~f which are incAuded in the ~bov~ ~nd forsqoinq description and F?~b~ndum.
TO HAVE AND 70 HI~ID the sbove described •nd yr~ntad premi~ei unto the taid MORTGAGEE, ib suaetson ~nd stsiqru fwwa. Md th~ taid
MORTGAGOR for --t~~--- heirs, executori, administraron and sisiyni, heeeby cov~na~ts with the tsid MURTGA~GEE, in auccs.sors .nd a~eiyro,
th~t ~~8-- lawfully sei:ed of th~ uid premises in fea •imple; that tiN tacn~ ~n frN,. cle~r •nd disthu9ed from all Ilsna and ~ntum- y
brances in law or in equity, ~nd that~- wilt ~nd _~hEl f i' htirF shall warrant ~nd dsfend tM titts to ths ~em~ to th~ ~aW j
MORTGAGEE, irs succeuon ~nd auiyns, for~rer sgainst tM lawful tlaims snd d~m~e+dt of ~11 p~rw?a;
PROVIDED, ALWAYS that if the MORTGAGOR •t+all pay vnto the MORTGAGEE tF+i promttsory rat. her~inbsfort dettribed and th~ll trvly, promptly ~
•nd fully perform, di~thargs, •xac~ts, complcte, comply w6th and abide by sach ~nd svery the ~tipulaiiana, ayresmenri, canditlons and co.~enenta of iaid ~
promiisory not~ •nd of this IbSorty~g~, tl~en thi~ Mortp~y~ ~nd ths Ettate heraby auttd ih+ll c~aw +r+d be nu?I and vaid. ~
IT IS UNDERSTOOD that tha word "Mortqpa" whtther in t1» •inyular or plura{ anywFwn fn this Mortqaqe, shail be sinyular if ana only and ;
shall be pluf+~ jointly and ~averelly if more than one, and that the word 'their" af u~ed anywMr* in this Moriqsye thel~ be teken to n»an "his;' "hen," ?
w"its;' wheraver the co~text w impli~s or sdmits. Alw, that wherev+rr then ia a r~£~rerrct in th~ cov~n~nts.end a~yraement~ herein rontein~ to sny af
tFu p~rties hsreto, tM ~arrN shall be construed to mean ~a w~ll ao tFu hrirY, Iprl npresent~tlve~, succtuora and aasiyr~s (~itMr vo3unt~ry by ~tt af tht
parti~s w involunt~ry by operation of the I~w) of the same ~nd th~t th~ tovenantt t»?~in co~tain~d ahall bind •nd rh. benof~n •nd adv~,uq„ inun
ro the r~tp~criw fiein, I~g~l repre~antativ~s, succeuori a~d +u%qrn of tM p~rtita !»nto.
And ~aid Mortqayor~, fw tt»mstlva and their hein, Iryal npr~ient~tiv~s, wccesaon and o~si9r+s, h~r~by jointly ~nc! sav~rally cov:nant •nd ~grN
to ~nd with thie taid MORTGAGEE, iri tutcesaors snd au~gro:
1. To pay •11 ~nd ~inyular th~ p?incipal and int~rast ~nd thi v~riovs ~nd ~undry sums of mwesY p~Y~bl~ by vinw of Mid prom;swry noa, ~nd thi~
mortQ~p~, s+ch ~nrl every, promptly an th~ d~ys r~ipr+ctiv~ly tM s~m~ s~v~r~lfy b~cane dw.
2. To psy all ~r+d ~inyvlu tM t~xes, u~essm~nri, I~vits, li~bilitie~, obliyatio~a and ~ncumbtae+css of w~ry nnvre ~nd klnd rww on iaid d~tcrib~d
prop~+ty, a that henaftir m~y 6~ impw~d, suff~nd, plaud, tsvied, w~~lf~Md tMrp~, w that het~aftsr m~y b~ ttvi~d a tsHaed vpon thb Mortg-
~y~, a tM ie+d~btednas~ a~cw~d Fareby, e~ch and cv~ry, when dw ~nd pay~ble, ~ccordinQ ro law, b~fae tFiey bacane d~linqwM, ~nd befon ~ny fntra~t
sHeche~ w any psna~ty is inturr~d; AND IhISOFAR AS AN THEREpf IS OP RECORd THE SAME SMAII C~ PROMPTtY SA?ISFIED AND L715CHARGED OF
RECORD AND THE ORIGINAL OPfICIAI DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX RECEiPT OR 7HE SATISfACTION PAPER ~OFFICIALLY ENOQRSED
OR CERTlFIE~) SHAII sE PIACED tN THE HANDS OP SAID MORTGAGEE WITHIN TEN DAYS NEXY AFTER PAYMEWT; and in the ~v~nt th~t ~~y tMrwf is not
pa~d, i~Ytfi~d and discher9td s~id MORiGAGEE m~y at ~ny tima p~y th~ t~me w any part thetwf withou! waivirg w ai{rctinq ~ny option, lien, ~quity w
.iqh! under or by virtue af this mnrtqa9e ~nd the f~ll amount of e~eh ~nd every ~uch paymrnt thall be imm~diately d~e ~nd pay+b~o •r+d thall br~t interrst
~.om the dat~ thsr~of until p~id st rate of nine per cantum p~r •nnum and toy~iMr with ~uth inter~st ~M~11 be securtd by the Iftn of tfi;• mwqtay~.
Bo~K ~.3~ 2p~ . -