HomeMy WebLinkAbout1575 ~ . 1 •~38~3 ~R'
. iH15 INDENTURE. IK~d~ th~ ~}th day of ~ `r ~~~Y'Ch A.D. 19 - b~twNn
, J~ia Drinkwater., a s ngl ~ A~»1 t„~
~
of S t_ Lu~ ie ~~ounty Florida, herein~ftN dNipn+ted the "MORTGAGOR," and FiRST FEDERAL SAVINGS AND IOAN
` ASSOCIATION OF FORT PIERCE, • co~por~t~on or9ani:ed ~nd existinp undK tM I~ws of tM Unit~d Sfaf~s of America and Mv'ug iri princip+l pl~c~ of
• buurwu in tM City of Port Pi~ru, St. luci~ County, florida, herein~hsr desip~at~d ~s 1M~ "MpORTGAGEE:'
WHEREAS th~ MORTGAGOR is jus~ly indebt~d ro tM MORTGAGEE in tM wm of s-st~,3,~~ - ~n good and lawful money of the Un~ted
~ States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tert~in promiuory ~o~e of even date herewith, of which the followinp in
wa and ures is a trw copY. lo-wit:
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Fort Pierc~. Florida. March 21~,.. 19~2_
fw vslue received, 1, we or e~ther ot us, promix to pay, without defalcation, to the orde~ of FIRST fEOERAI SAVINGS AND LOAN AS50CIATION OF
, FORT PIERCE at Fwt Pi~tr~ce, F~lo~rida, the s~m of = 8~~50 . 00 with inteLreLst from date at the rate of ~96 per annum, i~ monthly irotsl4
mants a~ follows: S-~Sd-a~- on the 1~ day of Ma~__, 19~.L2S2_ and • like sum on the cwrespondiry day of each month thert-
after until ~he whole be fully paid.
Each insallment first shall be applied in payment of the interest and then on the u~paid balsnce o( the print~pal sbm. If defauN is +nade in ths
payment of any installmcnt whcn due, a~d such default continues 30 days, then st the option of the holder, and without any other notice, atl the remainirg
~nstallmenp shall be dve and payabk at once. Privilege is y~vcn to prapay this note in whol~ w in part ~t ~ny t~me w+thout pe:+alty. •Neithet fwebearanc~,
r10f aCCQP1afK0 by th~ Fwide~ thereof aftx any default in any paym~nts hsreon, sh~ll b~ deernad ~xtension. A late psyment charg~ of s~~ shall be
added ro each insr~ll~ne~t rtmairunp unpaid 7 days atta its dw date, and a like tum shall be added to esth such installment remaininp unpaid 7 dayt after
each sucteeding p~yment data
Each make~, sur~ry and sndaser hereof, jointly and sever~lly, waives demand, preientment protest •nd notice of protett for i+w~payment, and further
agrees to any exrension of t~me of payment, either before a after mat~rity, wishout notice to any of us; snd to pay all cos~s of collection, includ~~ a
reasonab!c attwney i fee in the event of any deiault hcreunder, and hereby aeve?ally waives all benefit of homestead end exemptioo under the cnnstitWion
and Iaws of each State of the United States, as against this obligation or any extension or renewal hereof.
Witness the hand and seal of each parry.
Sl Julia Drinkwater. a ~,~q
single adult ~u
cs~?u
12.60 ~
G ~ ~ s?.~. a.,,.~,~
(Stamps uncelkd on wipinal note)
NOW, THEREfORE, the MORTGAGOR fw the purpose of secu~irg p~yment of uid swn of = 8~.350• 00 ~nd th~ perform~ncs of tM
coven~nts ~nd apreements hereinaftc? exp~esscd, and for divers good and wlwbl~ consider~tions, by thes~ presenb, does prant, barqain, ull, remise,
release, convey and confir.a unto tht N10RTGAGEE, its ~~ccessors and assi~na, ~11 that terttin (ot, pi~o~ or puoel of I~nd, sitwt~, lyinp, and bsinp in tM
County of and State of Fbrida, d~wib~d a fdlowr.
Lot 14, Block 53, RIVER PARK SUBDIVISION, UNIT N0. 5, as per plat thereof
on file in Plat Book 11, page 31, public records of St. Lucie County,
Florida,
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to~ether with •II snd singvler the te~emena, herec+:tsments snd ~ppurt+nces thereunfo b~laginp w in a~ywise +pPataininy ihereto. ~nd ~II renb, i»ws,
proceeds aod protin acuuirg snd to +cuue from ssiie prem~es all of which ue inclvded in th~ ~bov~ ~nd forpoinp deu?iption ~nd h~bendum.
TO HAVE AND TO HOLD the ~bove described ~nd 9raMed premi~es unto tM said MORTGAGEE, ib suaessas and assipro forev~r. Md th~ said
MORTGAGOR fa hBr " Fie;rs, executon, ~dmi~istr+tors and aui9ro, hereby cown~nn witb tl+~ ~aid MORTGAGEE, in suaes~on and assiprr,
rhat ahA i s lawfully seized of the ssid premises in fea simpl~: tMt tM wrn~ H~ fr~e.. ck+r and disch~rped from all liem u~d t~wn-
~~M~ ~~w « M~~y, t~r 8119 w~p ~lAI' htirf shall warr~nt and d~ft~+d tM titb w th~ ~+m~ to tlw wid
MORiGAGEE. ita s~cceu«s and usiyru, faever ~ya'uut th~ lawful ctaims ~nd dsmandt of ~II Ftrwro:
~ PROVIDED, ALWAYS tMt if the MORTGAGOR sh~ll p~y unto the NIORTGAGEE tM p?annsory nob hereinbefw~ destribed and ~hall trulY• P~~W~Y
~ and fvlly perfwm, dischary~, execute, compkte, comply with and abide by exh ~nd wery tht stipulationf, praeAlents, conditiom ~nd oovtnann of s~id
promiswry note u+d of thn Morty~ye, then this Mortya~ and the &tate hereby veat~d ~MII o~as~ ~nd rwll and void.
~ IT IS UN~ERSTOOD that tF~e word "Mortyspo~" whefher in the sir?pular or plw~l ~nywhen in this Mwty~pe, sh~ll bs sirgvlar if one only ~nd
shsll be plural jointty ~nd ~everalty if more tMn one. ~nd that tha word "their" a~ u~ed ai+ywMr~ in this Mat~~~ shall be tak~n to m~ae~ "ha:• •'hen;•
~ or "its:' wherever the conteat w implies w admin. Alw, th~t wherever iher~ i~ • nfer~nc~ in t!w tovenanri ~nd ~pr~emenri herein oont~ined to any of '
~ tM partias hereto, the ~ame shall be cautrued to me+n a~ well ss th~ hein. Ipd ?~presentatiw~, waetwrs aod usi~ro (eithe~ voluntuy by ~ct of the =
par~i~s a lnvduntsry by operation of the law) of ttw ss~ne and that rhe covensnn herein conrain.d sh+lt bind and rhe bm+efirs .~d advanrap.s trw,n
p ro rhe resp~ctiw h~in, Ipa) representativa, wcceswn ~nd +u%9n~ of tM parti~s h~r~ro.
Md said Mwty~pors, fw thamselvea and tMir hein, kyal reprssentatives, s~cceuws and ~uiqm, htr~by jointly a~d Hwrally coven~nt ~nd pr~e
~ ;
~ fo u~d with tlyt wid MORTGAGEE, its succssso~s ~rd ~uqro:
" 1. To p+y ~II and iu~pula~ th~ princip~l and intnest ~~+d the v~rio~n ~ed avndry wrm of money paY~bb by virtw of said promiuory noq, and thn ;
~ mwt~aye, tacfi and every. P~a^P~N on tl» d~ys rapadivtly th~ sarM stwr~lly Mcam due. ~
2. To pay all and sLgvlar tM t~z~s, a~esunai?ts. I~vies, li~bilities, oblipstions sed s~nbrances of every ~+tw~ ~nd kind now o~ s+id dexrib~d
propwty. a tF?~t hereaha may be impos~d, wffer~d, plaud, levied, a aaeised thereon, a tMt hereafM~ m~y be levi~d a use~sed vpa~ tha Mat~ :
or the (ndebredrwss wcw~d Iwreby. ~ach and ~vKy, wMn dw ~nd pay~bl~, aocordin~ ro law, b~fwt they becant delinqvent, and befw~ ery intMe~t ~
attaches or any penalty a incvrred; AND INSOFAR AS AN THEREpF IS OF RKORD THE SAME SHAII dE PROMPTLY SATISFIEO AND ~ISCHARGED OF ?
~ RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER ~OFfICUILY ENOORSEO t
OR CERTIf1ED) SHAII dE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXI AFTER PAYMENT; and in the event tMt ~e?y thereof is not
~ paid, sat'sfied and discharysd sa:d MORTGAGEE may st any time par tlw tame o~ sny put thereof withoW waivinp w affetli~p a~ryr option, lien, eq~ity or
~ •~qht under or by virtue of this mongay~ and the full amou~t o~ each and every wch p+ymeM shall b~ ierwned'utely dw and payabk and shall b~+r int~r~s~
~ ~run the datt thtreof u~til ped it nte of nine per ccntum pN ~nnum ~nd~p~t wch inbres~ II t» ienx~d by tM lien of th:s maqq9t.
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