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HomeMy WebLinkAbout1218 ~ ~ . . ~ ' , . . 1C1~1U~7 TNIS INDENiURE, Mad~ th. St~'1 y~p. 19~~ a~~ ; d.y ot - February 68 , Archie N. Calhoun and Jessie A. Calhoun. his wife~, . , . ~ Saint Luc e ~ of Co~n~y Fiorid~. hw~inafrN d~sl8nated as tM "MORTCsAGOR;' ~nd FIRST iED&AAl SAVINGS AND IOAN .:SSOCU71pN OF FORT PIERCE. ~ oorpa~tion orpani:ed and ~x~~tiry unde~ 1M laws of tM Un~t~d St~~~~ of A+nwiu ~nd Mvinp it~ principal plat~ of \ butinps N tF» City of Fwt Pi~ra. St. luc{~ Cow~ry, florid~, htr~inait~~ dNipnat~d ~s tM "6 RT~OGEE~ WHEREAS th~ MORTGAGOR is j~ntly ind~bt~d to fi» MORTGACsEE in IM sw++ of ~ ~ • pood and I~wful mon~y of the United State~ advanced by th~ 1NpRTGAGEE unto th~ MORTGAGOR, ~s ~vi:ie~xcd b~ ~ uhsin promiswry not~ of ~wo da~e Mrwvith, Of.Which tM followinp tn wo~ds u~d fiqwM b a trw copY. to-wit: : 6.000.00 . _ ~ 14 69b Fon Pieres. Florids. February 5, 19 8 ~ For valu~ ~ecaved, 1, we a either of us, p~omiss to p~y, without d~falcation, to rhe order of FIRST FE~ERAI SAVINGS AN~ LOAN ASSOCIATION OF FoRT PIERCE at fo.t Pi~rce, florid~, fhe ium of i 6~~0•~ w;rh interest from date st the rate of 7•4jr. per ~nnwn, i~ mw,thly ieutall. menrs u follows; s~0~_ o~ ~he l~t~y of Niarch ~q 6$ ium on tM corr~apw?dinp d~y of each month ther~- af~er until the whole be fully p~id. Each installmem first shall bt applied in payment of the lnreresr and fhen on the unpaid balante of Ihe printipal wm. If dei~uh is msd~ in tM payment of ~ny installment when due, and such def~ult continues 30 day~, then st tM optan of the holde~, ~~d without any Whe~ ~otice, all tF?e rem~inirg ~nstallnwtts shall be due and p~y~bk at oe~ce. Privileye is piven to prepay tha note io whott o~ in p~rt at any time without pe~wlty. •Neither forebearanc~, nor ecceptaoc~ by ths Falder thereof aftK ~ny defautt in a~y payments hereon, shalt be deemed extension. A ~ate p~yment tM~~e of = 3' ~ ah~l1 b~ 3dded fo each iniqll~t ~amai~ing uopa~d 7 days aftet ib dw date, and a lik~ sum sFyll be added to each such i~stallman~ remsininp unpaid 7 days aftar each succeedirg paymtnl date. Each makar, surety and endassr hereof, joiNly and sover~tly, warves demand, presentment protest a~d notice of p~otest for nonpaymenf, and funher ag~ees to ar?y ~xtcnsion of time of payment, either before o? aftcr maturity, without notice to any of us; and to pay all costs of collectio~, includirg a reasonable attwney's fes in the event of ~ny de(ault hertunder, and hereby uverally waives all benefit of homestesd ~nd exemption under the wrotitufion and tavrs of e~th State of tht Uni•sd Stare~, as against this obligarion a any extension w rensw~l hersof. ~tr+eu tht 1~+nd artd seal of each pa?ty. . , /s/Archie N. Calhoun (s~?q cs~?u s e ie . a o ~ ~ $9.00 1 sr.r~ R.ven - ~U (Stamps c~r?odlad a+ aipinal rat~) NOW, THEREFORE, the MORTGAGOR iw ths purpose of securing payment of said sum of =6~~0'Q~ and tM pe?form~nts of th1~ coven.nn •nd pr.emenn I+er~inafr~. ~apressed, and for diven good snd v~lwbl~ contide?~tiom, by thss~ presen», does prant, baryain, sell, ~emise, reteau, convey ~nd confirm uew the MORTGAGEE, ita succeswrs and auipns, dl that cert~in lot, p'~aq or puul of lu?d, situat~, lyiny, ~nd beinp In tM Counry of Saint L uc ie and Stat~ of Fb.id., d~wib~d a followr: Lots 29 and 30, H~ock B~ West End Addition~ as per plat thereof recorded in Plat Book 2, at page 5, of the public records of Saint Lucie County~ Florida, ~ w-- F T wXES ~ Q/ E pE~oNA`' R pEitSY. ~at G~~ ~ G 1llSAN ~j2a. ~,CTSOF p~~pN t~~NAptER~ Ci~a~t on Rc~AN tjr , ~t~~ t ' } j fa 1 C~~ ~ L U K I Ul~ RG Ag ~ M~ ~V Iox ~1~ 5 ~ DOCUMEVTA~~E. STAMP TA.~ as ~ - FEB-6'68 2~~~ = 5't• 1~~° ~rAY ~PUtY ~ ~ ° = ~900= ~ V C'ON.PTROLLER Y ~ ~ np c~ J P L:L'.~n~:ig =1~ - togeth~r with all aRd sir~pular t!N t~nemenn, hereditsments ~nd appurts•xes thereunfo belongirg w in ~nywise ~ppertainirg the?e% ~nd ~II r~nts, iuues, procecds u~d prof~n accrvinp and to ~ccrue from said premises all of wii~ch ue included in tM sbov~ and fws~oin~ description ~~d h~bendum. TO HAVE ANO TO 1101D tlw above deuribed ~nd yr~Med premis~s unto th~ said M10RTGAGEE, in wocesson ~nd auiprn forwa. Md th~ said N10RTGAGOR fw the~.r ex~ra~~ ~~~~tnton ~nd •uiyns, hereby cov~~ann with the said MORiGAGff, hs su~cceuon ~nd auipiq, rhat they are ~~,{~tly seized of fM aid premiws in fee simptr, flut th~ wrrk ~re !?ee.. de~r and d'acharyed from all liera and ~ecunr brances in law or in eqvity, Md tMt they wi11 and their ~w wNr~nt snd def~nd the titi~ to the ~uns to tM saW MORTGAGEE, itt s~rccessors and assiyro, fwevtr ~paieut ths lawful etaims and d~mantb of all p~rsom; PROVIOED, AlWAYS th~t if the MORTGAGOR sMll p~y unto the MORTGAGEE tM promiswry nots hertu?b~fw~ dacribed ~nd aFwll truly, promptty and fu11Y p~rform, discM~e. 07[KUff. compi~t~, co.nply with ~nd ~h~da by each a~d every the stFpubtioos. ~Qret~nenn, conditions ~nd covenan:s of s+id promiswry not~ ~nd of this Mwtyay~, then this AAortyape and the &qte her~by v~at~d sAdl u~w and be n~ll and wid. IT IS UNDERSTOOD that the word "Morty~a" whNher in the_tinp~lar or plural ~nywF~e?e in this Mon9ape. shall be air~pul~r if on~ only ~nd shall be plvr+l 'pintly u+d ssver~IFy if mor~ than one, and tfwt the word "thei?" a used snywhere in rhis Nbnyage ~MII be taken to rruan "Fiis:• ••hen;• or "its:' wherever the oontext so implies a admin. Alio, th~t wl+~rever ther~ is a nfaee~ts in tM covtnanb ~nd ~preemcntt Mrein oootiu~ed to ~ny of the p~Aies ha~to, th~ s+rtw shall b~ corotrued to mesn as wdl ~s tM h~in, Ipal r~pr~tativ~s, wcussors and assipro (~ither votuntary by act of thr parties w involu~t~ry by operation of the law) ot the same and tMt ib• coverWna h.rsM comained sh.ll bind and ~he be~.fin .nd adv.nuy.~ (rx,r~ eo ths re~pectiw Mirs, kyal representatives, suueuors ~nd as~°yro of tM puties Mr~to. Md said Mwtyaqon, fw themselvq~ and tht'w FKin, leyal ~epresentatives, succes~ors aed auip~. Mr~by jointly and wvKally covenant ~nd a~rk ~o and with t~ye s~id ARORTGAGEE, in suasuo~s ~~d ~uiym: i. To payr all uid sirgvlar t!w prirrc;pa! and intarest and thi variovs ~nd wndry wirn of mo~y p~Y~b1~ by virtw of said promiuay note, snd this mortpape. ~ach and ~wry. Promptly on the days rapectiv~ly th~ sam~ sw~rally b~cane dw. 2 To p~y ~II and wguta tFw ts:es. ~ssessments, levies, liabilitiet, oblipations and-encwnbwnces of ev~ry n~tur~ ~nd kind naw on s~id dewib~d v~~Y. or that here~H~r may M impo~ed suff~red. Pfxed. Mried, a wssied thereon, or fhat hereafier may b~ levad w.sussed upon this Mo.p~ aQe. a tM ind~btedneu ~ewrd Fmreby. Nch ~nd ~very, wMn dw and p~y~bl~, aaordinp to law, befwe they becorrw dslinqvero, ~nd befon ~mr int~rat a~tacF~ss or any penalty is incwred; AN~ INSOFAR AS AN~( THEREpf IS Of RKORO THE SAME SHAII BE PROAAPTLY S/ITISfIED A~VD ~15CHARGED Of " ~KORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCN AS FOR INSTANCE, THE TAX REGEIPT OR THE SATISfACiION PAPER ~OFfIC1ALLY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITNIN tEN DAYS NEXT AFTER PAYMENT; and in the event tfwt any tF~ereof is rat pa~d, saf:sfied ~nd dixMryd iatd MORTGAGEE may at any tims pay rhe iame w anr part thereof w;thout w~ivinp a ~ffectinp ~ny option, ti~n, eq~riry a ~~qht unde~ or by virtue of Ihis mortysye and the full amo~m of each ~nd ~very wch payment il~~ll be immediately dw ~nd payabk ~nd sMll btar inttrat ~.om tl?~ date thereof until paid at rate of nin~ per centum pN ~~wm ~nd toy~ther w~th wch interest shall b~ sec~rsd by tht lien of ?h:i mor~ptap~. ~ r• 0 PACE 1214 , _ ' ,~s ; - a~,s ~'~i.~-ar - Y~ .