HomeMy WebLinkAbout0184 t t i 1 t r•. -~-vw~r~.,~ ,
TMIS INDENTURE, M~d~ th~ da of ~ Januar ~p. 19 68
W. A. Palmer and Lou~se Palmer, s w fe
of St. Lucie , C~~~y ~r~in~ftN d~sl~naNd as tM "MORTGAGpR," ~nd FIRST FEDEiFAI 511VING3 AND IOAN
ASSOCIATION OF fORT PIERCE. ~ cwpaation orp~~is~d u~d exi~~ie?p unda tM I~ws of. the United S~a~a of Am~~ic~ and lwvieg it~ principal plau of ;
bv~in~a in th~ City o/ fvn Piirp. St, l~ci~ tounty, fbrida. Mreinaha dqbeyt~ ~~°MOR)GAGEE."
YVFIfREAS tM AAORTGAGOR ta (vs11y End~bt~d ro tM MORTGAGEE in tM ~um of = 12 ~ 00~. , q~d ~n~ ~~,Nf~~ mo~sy of tM United
St~tts ~dva+w~ by th~ MpRTC~AGEE unto tl?~ MORTGAGOR, ~s ~vide~ced by ~ ar?ain promiatiory not~ of aven dat~ Mr~with, q1 which tl+~ followinp in
words and ~ipvrti is • trw coPY. lowit:
= 12~0~~~~~ Np 1!},fill.l
fwt Pierc~. Flwida. January 19_,iz~+
Fa v~l~e rec~iwd, 1, we or tither of us, promi~ to pay, without d~falcatioo, to tM order of FtRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fwt Piau, Flwida, tM wm of
~ ~ with interast irom d~te al tha rate oi pet ~nnum, in monlhly irotall.
menti foltows: =~0?•00 on ths~Q~ day of A~ril 19 b8 and a like tum on the correspondirg day of ~sch month fh~r~-
after until the whol~ b~ ivlly p~id. _
fach insta!lment fuit ahaN b~ applied iR paymeM of fhe interest u~d tha+ on the unpaid balance of tM princ~pal wm. If defauh is m~d~ le tM
payment of any installment when d~e, and such default continues 3p days, then ~t tM option oi the holder, and without ~ny other notice, all Ihe ~emiininp
snstallments sFutl be dw and payabl~ at axe. P~ivil~ys i~ yivee to prepay tha noro in wFale or Fn part d any without penalry. •N~ith~r for~bN?anp,
nor ~a~ptance by the holder thersof after any defavlt en any paymem~ I~e?eon, shill bs deemed ~xteroion. A lata p~yment cha~ of ~5• ~5 • sh~ll b~
added ro each inuallw~ent ~~maininp unpa~d 7 days afiK ib dw d~t~, and a I~ke wm ihall ba added ro each such initallment rxnaininq unpaid 7 days ~ftar
each wccaediny paYmer?t dst~. . .
E~ch maka, twery and endwssr heteof, joinNy and ~~veraly. waives demand. p~esentmeat p~aa~t ~nd notitt of p?otest fot rwnpayment. ~nd furtlNt
agrees to any extensan of time of p~yment, eithcr before w after maturity, w;thout notKe to ~~y of us; and to p~y all cosn of collectian, includinp a
reasonable anwney's fee in th~ ~vcnf of ~ny default hereu~der, snd hereby teveralty waiv~s all benefit o/ homestead and exemption ur~der tht t4nstitultan
and laws of each Suh of ths United States, as against this obliyaYwn or any eatension or renewal hereof.
~tness tM Mnd and iesl of esch party. . '
• 9 W. A. Palmer ~
~ s Lauise Palmer ~,,,U
~~u
~ 18.00 ~ s~.~. RQ~.M» ~
(St~mp~ canoelled on aiyin~l note) M
NOW, THEREFORE, th~ MORTGAGOR for the purpose ef securirg p~yment of s+W wen of = Z~, 00~•0~ p~a~~ of f
covsnann and aQreemenq h~rein~fttr sxpresud, ~nd fa diven ~ood u~d v~lwbl~ coruid~+~tio~s, by th~s~ prcse~ts. does yr~nt, barp~in, sell, r~mise,
releasa, conwy and confum unq tl» MORTGAGEE, its tuccesiors s:~d assiyn~, all that cert~in Iot. piea or p~roel of I~nd, situat~. lylnp, and b~iop in tl+~
Ca,nty of S t. T.» n i a , and St~t~ of Florid~, d~wib~d a followa:
Lot 22, WASHINGTON HEIGHTS ADDITION, as per plat thereof recorded in
Plat Book 8, page 58, public records of St. Lucie County, Florida~
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r c~ ~o~ptwouER ROC~ ~d ~ ~01~ ,..t1 ~
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+oqeth~r with all and sinpulu tl» tenementi, hereditamenn ~nd app~rtances therweto be~orginp w in ~nywise app~ruinirg ther~ro. ~nd dl r~nb. Issws,
procMds and profin ~cuuinp and to acaw from said premises •fl of which m induihd in tht abov~ and forparg cl~scription ~nd lubaidum.
TO HAVE AND TO NOID the above described ~nd yrant~d premius unto tlw aaid MORTGAGEE, its succeswrs and auiQiq forwv. Md th~ s~id '
MORTGAGOR for t}~?Ai r y~NS, exatuton, idminutraton and ~u ru, her ;
th v Are ~9 ebY cown+nn wirh the iaid MORTGAGEE. Ns succ~tson .nd asaiprr,
that a~----- lawfully ssized of tM s+id premises in fe~ simpls; that tFw wne u~ frN,. ckar ~nd discharyed from all Ilerb and ~ncurt? ~
br~nc~s in I~rv a in equiry. and that~_ will and their h~ir~ shall w~rrant and d~fend tlw titk w tFw s+mi b th~ s~id ~
MORTGAGEE, ib iuccessws ~nd wiprq, fwwer ay+ir?st tM lawful d~ims and demu~ds of di p~r~ons; ~
PROVIDE~. AIWAYS tMt if th~ MORTGAGOR af++lt pay ~nro the MORTGAGEE th~ promiuory eot~ hereinbefo?~ dqcribed and shaU truly, promptN
~r+d fully perfo~m,, dyd?~rqe, ex~cv», compl~t~, comply with and abid~ e~ch and ~
promiswry note and of this Mort ~ ~Y ~ sripularia~s. ~yreeme~n, conditiotn and oovenann of s~d
9+ye, tMn this Mortqap~ ae~d tM Estat~ her~by v~at~d sh+ll c~s~e and b~ mill ~nd void. ~
IT IS UNDERSTOOD th~t the wwd "Mortyapor" whNher in t!» sinpular or plural rnywMr~ in this MortqsQt, sh~ll b~ ti~pvlK if on~ only ~nd
•hall be plural jointly ~rid ~ev~rally if mon than on~. ~nd tMt th~ word "their" ~s uted anywhert in this Matpapt shall M taken to mean "his,•• •'Mn;• 3
w'its;' wherev~? tFK context w irnplies or sdmin. Alw, that wherever tha~ a~ r~fe?sna in tir cw~~nq and aynemenb Mrein aootained to ~ny of {
rh~ p~rt(es F+er~to, tM urm shafl b~ cantrwd to m~m as v,r~ll p tFw FKin. Mp~! represMt~tiws, suoo:sson u~d asiigrr (~ittwr voluntary by act of th~ {
pania a Involuntary by operation of th~ Iawl of tM s~me ~nd tlut tM cov~» MnM+ oont~imd ahall bir?d and the bensfin ~nd .dv~nrapes inw~
ta tFw r~spectiw M'us, Ipal ffp?flent~tivH, suaeaon ~nd ass~yns of tM putie~ hKeto.
Md s~id Mwtp~por~, for thsenkiws ~nd tF~eir Min, layal r~pras~nt~tives, s+?cuswn ~nd auspm, hs~eby joir»hr and Hver~Oy toven~m ~nd prN
to and with tM wid MORTGAGEE, its waesson snd assipna: ~
1. To pay all and sirg~lar th~ princip~l ~nd intM~st and thi v~rian and tundry wms of mon~y paY~bb by virtw pf ~id promiswry not~, u~d this
mort9apt. ~ath ~+d ~v~rY. P~~Pt~Y on tM d~ys rppettively th~ surM sewralty bacan~ dw.
To pay atl and sirgv'~r tlw tax~s, asatm~a», ievi~s, li~bilitiss, obliparioeq ar~d Mcwnb~anca of wery natur~ and kind now on said desvib~d
W~WrtY, or that Mre~hK mar b~ impoNd, suff~nd. P~+ted, bvi~d, w~wss~d tl»rwn, w tFwt her~~her may b~ Iwied w a~as~ed upon thb AAwtp~
ey~, a tlw b+d~bt~drKU s~ux~d hKSby. ~ad~ and w~rY, wh~n dw and p~yabl~, accord4g to taw, befon th~y become delinqveot, snd b~fon any IntMar
srraclxs or a~y penalty a incv~isd: AND INSOfAR AS THEREOF IS OF RKOR~ THE SAME SHAII 6E PROMPTIY SAt15f1ED AND DISCFiARGEO OF
RECORD ANO THE ORIGINAI OfFICIAI OOCUMENT (SUC~ A5, FOR INSTANCE, iHE TAX RECfIPT OR THE SA715FACTION VAPER ~OFFICIALLY ENOORSED
OR CERTIFIEO) SHAII !f PlACEO IN THE WlNDS OF SAIO MORTGA('sfE WITHIN ~EN ~AYS NfXT AfTER PAYMENT; and in ~M tvent th~t ~ny ther~of is not
pa~d, sat'sfied ~nd dischwy~d ~aid MORTGAGEE may ~t any tim~ p~r th~ same or ~nr p~n tlrreof withovt waivinp a affcctirg u~y option, li~n, pvity or
•~yht ~nder or by vinve of tAis mortyaye uid the full ~mount of each and wery such payment aMlf bt immediately dw ~nd psy~bl~ and th~ll b~ar i~ttr~tt
F.om rhe d~~e tMrtof until paid tt .~te of nins pe. centum per ~rwwm ~r~d toyetMr w~tF? wch intNnt ~II b~ Hcur~d by rh~ li~n of th:s morptape.
B~K 170 PACE 184
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