HomeMy WebLinkAbout1983 ` ~ . • -LI~T.VVV
TMIS INDENTURE, N1ad~ th~ 15th Februa.ry
day of ~ A.D. 19~~, b~n~r~en
` Briarc~ate Corporation, a Rlar ida cornoration~
,
~ of Saint Lucie ~py~~ f(pr~~ ~OiMffN dttlpeufed a~ tAt "MORTGAGOA," and i1RST FEOERAI SAVINGS ANp IOAN
. ASSOCUITION OF FORT PIERCE, • co?pa~tion w9an;sed +nd ~xis~iny under tM laws of th~ Unit~d Sut~s of America ~nd fuvinp iri principal placa of
~ buunssi b tM Gity of Fort P~c~. St. luci~ Covnty. Florida, Mrein~ha de~ipnat~d ~s tM 11~ORIGAG.E~
WHEREAS th~ MORTGAGOR i~ jvttiy indebt~d to 1M MORiGAGEE in th~ tum of = V~~~ , good and lawtul mw,ey of the Umted
5»t~s adv~r+ced by tM MORTGAGEE unlo tM MORTGAGOR, as evidenced by a c~rt~i~? promiuwy nole of even date he~~with, of which ths iollowinp in
wwds and Fyurts is • trw copy, lowit:
~ ~ 10,000.00 -
~ ~_14~716
fort Aeerte, Fiw~da, ~ebruaxy 15 ~y_~
Fw value retc:.~ed, 1, we or either of u~, promise fo pay, without dthlcation, to the order of FIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION OF
FORi PIERCE at Fort Dierc~, Florid~, the sum of s lO ~ OOD w;th intcrest irom da~e ~t ~he rate of l y, pe? annum, i~ monthly instap-
menn ~i follows: t 78 an ~?,e lOthday of June ~q 68 a lik~ sum on tM carespo~dinp d~y of each month tlxre-
afler unti) the whok be fully p~id.
E+ch installment fint thsll be aFplied in payment of the interest ~nd then on the unpaid balance of the prindps! sum. If def~~lt is msds in the
payment of any imtallment when due, and s~?ch default continues 30 days, then at the option of the holder, and without any other notice, a!I the remainirg
installments ~h~ll be due and payable at axe. Privileye is give~ to prepsy tha note in whole w in part a1 ~ny time witFw~rt pen+lfy. •Neithw forabe~rx?ce.
fIW iKfPf~Mf by the holder thereof aiter any defauh in anY paYmenti froreon. shall be deemed extensia?. A lare payment charge of t
3.90 s!?aU bi
added ro each installrnent rema;nirp unpaid 7 days afte? iq dw dats, ~nd a Iike sum ihall be added ro eich such inslallment r~ininp unp~id 7 days +ha
eath sucpeding piyment date.
Eath make~, wrety and endwser hereof, joinNy and severalty, w~ives demand, presentment protezt and notice of protest fw nonpayment, and fwther
agciet'fo any e;fension of time of paymen?, cisher befor~ or ~iter maturity, without notKe to any of us; and to pay all costs of collecYron, includfnp ~
re~sp~abl~ torn~y's fee in the svenl of aoy default hcreunder, and hereby sevcrally waives all benefit af homeste+d and ezemption under tFK canstitution
aod laws c~eacb Sute of tE~e United States, as agsinst this obligation or any extens~on or ren~4l~~~te Corporation
wt~n.sr el+s ha„d •~t or ~acn Pa~ry. gy; /s/Robert E. Rose ~ Presid~n~
- - i
SQatLc~' with; the cor orate seal ~
- P At es : s ~ary ose, ecretary ~
f'. • „ ~ - -
~ $25.00 ' ~ srm Rewew ~U
(StamDa t~~oelled•On oripin~l not~)
+ NO'fN. THERFfORE, the MORTGAGOR for the ~'O
purpose of securirg payment of said sum of s and tiu p~rform~nce of th~
tov~n~nri and ~yreements hersinafter expreued. ~nd fw diven yood and v~luabk consider~tions, by theu presentt, does g.~nt, baryiin, sell, remisa,
relsase conwy +nd confirm unro th~ MORTGAGEE, ib wccessors ~nd sui~ne, ~II thaf certain Iof, p'KU or pucel of land, situate, lyinp, and beinp In tM
Covnty of Salrit LuCl@ ~ Stat~ of Florid+, d~scrib~d as fotlows:
Lot 9, Sheraton Plaza, Unit 1~ as per plat thereof on file in Plat Book 14,
at page 32, of the public xecords of Saint Lucie County, Florida,?
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topNMr with alt ~nd singvtar tha tenemenb, hereditament~ and app~arxes tF~eunto belw~yinp or in anywis~ ~pp~n~ininp therero, and all rcnb, iuuts,
p~oceeds and profits sccruirg snd to xvue from said prcmiiet all of which are included in the above and faeyoin:. dexriptio~ ~nd habendum.
TO HAVE ANO TO HOID tM above desc~ibed and q~anfed ~emises ureto th~ s+kl MORTGAGEE, in sucteswn and assipm for~va. Md th~ ~aid
NWRTGAGOR for itS hein, executors, sdministrators ~nd ~uiym, htreby cown~nn with the uid IkORTGAGEE, itt suocessas ~+d ~aipm,
th~t lt 15 ~~W{ully seized of tMe uid premis~s in 1ea sim (e; that tFw tame are fr~s,. dtar ~~d dischar
p yed from al) lieia ard ~ncunr
bances in I~w or in equity, and tl+~t lt wili and 1tS he~ri ~hal! warrant ar~d defend fhe titl~ to ~M s.m~ to tM satd
MORiGAGEE, its successon ~nd assiyiu, forev~? ayainst tIK I~wfvl cu'wns and damands of dl penwu;
PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto tl+e MORTGAGEE tlw pomissory note hereinbeior~ desc:ib~d and sh~ll truly, prompty
and fully p~rform, disch+rye, exatute, complete, comply with snd abide by each and ~very the stipulations. a~roeAfenM, conditiorts and covsnants of said
prom~uory nore and of rhis Matpaye, fhen this Mortp~e ~nd tF?t Esute henby a~ated shall ce~ie and be null ~nd wid.
IT IS UNDERSTOOD tMt the wwd "Mort9+por' whNher in tht sinpuln w plura) ~nywhe?t in Ihis Mwtyspe, shall be sinpulu if on~ o~ly ~nd
shall be plur+t jointly and iever~lly if mon tMn one. ~nd that th~ word "their" a~ uted ~nywh~re in this Mwt~ap~ shall be ~~ken to mesn "his:• ••Mn;'
or "ih," wherever the confext w impties or admits. Also, that wherever there is a refe~s~ce in tM coven~nn and syreements herein conUintd to any of -
tM p~rt'~es hereto. the s~ne ahall be wnstrued to mean ~s well u tFie Min. Is9al r~present~tivea, svcc~ssors ~nd assip~s (~ither vol~ntary by ~ct of th~
parties a involuntary by opcratio~ of the law) of the same +~+d tha~ the covenann Mrein contained ahall bind •nd r?a benefin and .dv+oraya inw.
fo the rsspective hei~s, Ipal representariv~s„ svccesson and su~yns of tM parties hereto.
And Nid Allortgapon, fw themsetves ~nd their }win, lepal rspnsentativa, succ~ssors and auiyn~, i?ereby jointly ~nd ~sverally cov~n~nt and a~ree
to ~nd with tly~ qid MORTGAGEE, its iuccessors ~nd auigr~s:
1. To psy ~II and sinpulu th~ pri~cip~l ~nd imerest and thi v~rious and tundry swns of money payable by vinw of said promiuory note, ~nd this
morfp~ye, each ~nd ~very, promptly on tM days respec~ively the s~me s~v~rally becorn~ dw.
2. To pay ~II ~nd sinyvlar tM taxa, auessm~nts. I~viea. li~bilities, obliy~tiw~s and encumMances of every n~ture ~nd kind now on ~aid dewib~d
property w that here+her maY bs impwed, sufferd, placed Ievied, or ~stes~ed thereon, a tl~at her~afta may bs levied or u~eiss~3 vpon tbis Mortp-
a tM indebtedness s~cur~d her~by. ~ad~ and ~v~ry, wMn due srd p~yabl~. +ccordirp ro law, befor~ tMy becomt dtlinqvent, ~nd b~fon ~+hr intaest
attaches w any penalty in intwred; AND INSOFAR AS ANC THEREOF IS OF RKORD THE SAME SHAII bE PROMPTIY SATISFIE~ AN~ DISCHARGEO OF
RECORD AND THE ORfGINAI OfFtCtAt OOCUMEtYT (SUCH A5, FOR INSTANCf, JHE TAX RE~EIPT OR THE SATISFACTION PAPER ~OFfICIALIY ENDORSED
OR CERTIFIED) SHALL 8E PIACED IN THE HANDS OF SAID MORTGACsEF WITHIN TEN DAYS NEXT AFTER PAYMEN7; and in the event that any thereof is not
paid, sat"sfied ~nd discharged sa:d MORTGAGEE may ~t a~y tim~ pay tF~e ~ame w any p~rt tMreof withovt w~ivinp or affectiny any option, lien, equity w
•~Qht vnder or by virhx of lhis mortQ~ ~nd the full smount of eath and ~very iuch paymeM ahall be immedistely due and pay~bk and tMll bear intnat
<<om the dat~ ther~of until psid at r~te of nirK per tentum ptr annum ~nd t~e Rher ~t such inter t II be secwed by tM Iien of th:s morpbpe.
BOOK ~~U PhG~~~~7
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