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HomeMy WebLinkAbout1408 ` t p ~.L~j~''! 1 ~ t` TMIS INDENTURE. M~da th~ ~~th - d~y af D9Q91GbQ2` A.~. 19v~ betwNrr/ Jerry B~_ H1~H.k~.y d Marie L Hu~k~g., hia ~ri fA ~ of ?S'~ Lucie Cotrnry Plorida, hereinaftsr 3e~Fgn+ted ~s th~ "MORTGAGOR," and FIRST FEDERAI 5AVINGS AND IOAN ASSOCIA'f10N OF FORT PIERCE, • corpor~tion oryanizsd and eaiiiing under the lav~n of tM Unit~d Sta~~f of Americ• •nd havi~9 i» princip~l plstt of bu~in~s~ in tM City of Fort Pierc~, St. lucie County, florida, h~~einafter d~~iqnated aa tM "MORiGAGEE." WHER~AS the MORTGAGOR justly indebted to the MORTGAGEE in tF+~ sum of S~~~~ . good and lawful money of the Un~ted States ~dv~nced by the MORTGAGEE unto the MORTGAGC7R, es evidenced by a csn~in promiuory note of even date herewith, of wh~ch the foilowinq in words end figures is a trw copy, to-v,~it: : 7, 30Q_, 00___ _ r~ 13 . 21~ fort Pierc~, Florida, D'BCelllb@~`~~.,r 19..S~Z ior value received, I, v.e or aither uf ~s, promise to pey, without defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN A550CIATION dF FORT PIERCE et Fort Pierce, Florida, the sum of s 7~~~~ • oo w;th inLter~e,,st from dete et the rate of per annum, in manthly instell- ments as followa: S ~ on the 1 ~ day of ~~~'.Sih 19S~3L_ snd a like sum on the carraipondinq day of each month ther~- after vntil the whole be fuily paid. Eath install:nent firaT sfiall be appli-d in payment of the interest end then on the ~npa~d balance of fhe p~incipal sum. If default ii mad~ in the payme•~t of any installment when due, and such defau!t cominues 30 days, then at the option of the haldrr, and without eny othar ~otice, all the rem~ining installments ihal! be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penaity. 'Neithar foreb~erince, nor acceptancs by the holde~ thereof after any defauit i~ •ny payments hereon, shall be deemed eztens+on. A late peyment charqe of S~ sha~~ be added to each ins~allment ~emaining unpaid 7 day after its due date, a~d s like •um shall be added to cach such inatallment rernaininp unpaid 7 dayi aft~r ~ each succeeding payment date. Earh maker, surety and endorser hereof, jointly end sevarelly, waives demaw~, preaentment protest and notice of proteat for nonpeymeN, and furthar egrees to any extens~on of tima of payment, einc~r before or after maturity, without noti<e to any of us; and to pay all costa of collection, includinq a reawnable attorney's fee in the event of any defau!t hereunder, and hereby severally wnives all bonefit of hcmestead and exemption under the constitution and lew~ of each Stare of the United Stafes, as agsinst this obligation or any extension or renewal hereof. Witness the hand and seal of each party. eTgS` V ~ HI1~B3L (SEAL) M~r i a i, _ ~11Sk.L..o - (SEAI? (SEAt) cs~u ~ 10 _ ~ 5 ) $tata Revenue (Stamps t~ncelled on oripinel note) NOW, THEREfORE, the MORTGAGOR for the purpose of ucuring peyment of aaid sum of = 7+~~~ • +nd ihe pe?formance of the covenents and aqieement~ herainafter •xpressed, end far divers good and valu~ble co~~ider~tiom, by thesa pre~ents, does g~ent, berqain, sell, remise, retease, conv~y ~nd confirm unto the MORTGACEE, it~ tuccessors and as~igne, all thet ~ertain IoL piect or parcel of (~nd, •ituate, lyinfl, and beiny in th6 Counry of S t. LL1C ~9 and Stat~ of Florida, deswib~d ~4 follows: ~`he West b4 feet of the East 557 feet af' Lot 47, UNIT #1, MARAVILLA GARDENS s SUBDIVISIOId, aocording t~ the plat thereof on file in Plat Boak 6, at page ~ S5, of the ~ublic records of St. ~ucie County, Florida,? ; t 0 f ~ IN Pa~'I~ENT Of TAXES RFCEIVED ~ F.; r,t_ a?OFERTY. s pU~=.~'~'7 :LR~g•C' fY7'~h: ti : ~=~1. PL"" - ~JC't''rP` I ' ~ . ~ c.=; ~:r.:.. . r ~ ' r` ~ -nt,f_r ~U t;5 ti1.1. ~ ~ as•-~ S l~l ~ ~F rLUt-~4u/~ - iax Co~i~ r W t"~'? c~ ~ DOCUMENTA~w STAMP TA ~ z ° gy UEPU1'If 61-ERK ~ _ ~C11'65W`",~ta~-'~, ( e _ ~ = u+r- 1 ~ J V? w COIIPTROLLER ^~p FQ.190138 ~ - ; ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ toyether with ~~I and singular the tenements, hereditamenta end sppurtances thereunto bslonginy or in anywi~e •ppensininy ther~to, and a11 re~t~, luu~s, ~ proceeds and profit: eccruing and to accrue irom said premises all of which are included in the abov~ and fweyoir+y d~urip4ion snd habendum. ; TO HAVE AND TO HOLD tha abt~ve deacribed and grented premises unto th~ ~aid MORTGAGEE, its ~ucte~son and as~iqrut forev~r. And the sald ~ MORTGAGQR for --~a~Z---- heir~, executun, edministretari end sssi9ni, hereby covensnti with tM iaid MORTGAGEE, i» tucceuws s~d ~ui~m, that -~~--~g-- lewfully teized of the said premites in fee •impie; that tM same ~re frs~,. <I~sr and diuhargcd from sl) liens and ~ncurr~ brance~ in law or in equity, and thst~~.- will and _ the~][! _ heir~ ihall warrant ~nd d~fend 4he title io tha Nme to fM wld MORTGAGEE, its succeuors ~nd auigns, forever agsinst the lewfvl cl~imf and demands of sll psrso~~; PROYIOEp, ALWAYS that if the MC)RTGAGOR shal! pay unto tha MORTGAGEE tM promiswry not~ htreinbe4or~ destribad and ih~ll truly, promptly ~nd fully perform, diuherge, ezetvte, !ompiete, comply with and abide by tach ~nd ~v~rry tM stipulation~, ayreeMfn4~, canditions ens! tovenantt of t~id promi~sory nate and of thi~ Nbrtgeg~, tnan this Mortyaya ~nd ths Estete her~by cr~~t~d ahall te~s~ end b~ null and void. ; IT I$ UNDERSTOOd thet the word "Mortgaqot" whNhsr in the sinquler or plural ~nywhert in this Mortysq~, ~hall be singulsr it o~t o~~y •nd ~ th~ll be plur~l jointly end esverelly if mae then one, •nd that the word "their" a~ vsed ~nywhsr~ in this Mort9~p~ shall bo tak~n to me~n "hi~;' "han," or "its," wherever the co~text so implies or sdmit~. Also, that wheraver there ir a r~i~renc~ in tM tovensnri +nd agreements Mrein contairxd to •ny o! rhe parties herato, the tame ~hall b* construed to mean well a• tha heira, IeQal rtpres~ntitiws, succ~saors •nd +~siyr+s (~ith~r voJunt~ry by sct of tt» partiss ar involuntsry by operation of the law) of the sime and thet the coven~nts hsrsin contained sh~ll bind +~nd tF~e ben~fits md ~dvantay~s (nurs to the respectiv~ Min, I~gal representativ~s, s~cceasors end •u~gn~ of tt» partiM hertto. And •sid Mortqaqon, for fhemselves and tMir hein, legal representativa, succ~stort ~nd as~iqna, h~r~by jointly and s~ver~lly eovenant and +q?re to ~nd with the ~aid MORTGAGEE, iti sucuuorf end auiyns: 1. To pay ~II a~d sinq~ln tM prineipa! and int~rest •nd the wriovt ~nd ~u»dry surtu of moMy payabl~ by virtw of wid promis?ory note, and this martg~p~, s+ch arwt ~vtry, praf+ptly on iM d~ys rrsp+ctively ihe tam~ iev~~ally becom~ dw. 2. To p+y +I! and ~inqvlar ths taxes, +s~essm~nts. I~vies, fiabiliti~s, oblipitions and ~ncumksr+nas of svsry nature •nd kind raw o~ s~id describ~d property, w that fisresft~r m~y bs impowd, iuffer~d, plaad, leviod, or swspd tfi~reo~, or tt+at fwreaftH may b~ I~vi~d w use~+ed upon thb AAott~- ~qe, or t}» Fnd~btsdneu utund h~reby, ~+ch and sv~ry, when dw ~nd p+iy~bl~, aaordirp ro law, b~fort they t»came d~Hnqwnt, ~nd b~for~ any int~rat attachet or any penalty ia inturred; AND IkSOfAR AS AN TMEREOf IS OF RE-0R0 TME SAME SHAII 6E PROAr1P1lY 5ATISFtED ANn 1715CHARGED Of RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SIK~ AS, fOR INSTANCE, YHE TAX RECEI~Y dR THE SATISFAtTION PAPER ~OFi1CIAllY ENDORSED OR CFRTIFtED) SMAIi BE pLACED IN TFEE NANDS Of SAID MORTGAGEE WITHtN TEN DAYS NEXY AFTER PAYMENT; snd in tM ~vtnt that any thorwf i~ not paid, saYSfi~d ~nd dixhar~d sa;d MORTGAGEE may at any time pay ths sart~e or any part thereof withouf w~iviny ar affettiny ~ny optior~, li~n, ~quity w •iqhr vndsr or by virt~e of this mortgaqe and the full amount of e~ch •nd avery tuch psymrnt thall b~ immediately due snd paysbls •nd th~ll bear infsreft irom the date thareof until paid st r~te of nine pe+ ce~t~m per snnum snd toq~th*~ w~th ~uth inte~sst sfi~ll be tecur~d by th~ litn of th:t mor+ptapt. 800~f ~J~J ~U~