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HomeMy WebLinkAbout2306 y ~ ' . lfi4~:1 THIS INDENTURE, M~da th~ 1 S t d~y of ~t~ir ch A.G. 19 68 - 6~1wKn Otis A. Ro~ers ~nd F~~rence M. Ropers, his wife. of St . 1.UC 1 C' ~~~M F~«~~ ~~Q~~i~K ~~y~~~~~ "MORTGAGOR; ••nd flRST fEDER/ll SAVINGS AND lGAN ASSOCIATtON OF FORi PIERtE, a caporat~on ap~ni:ed and ~x~stin~ unde. ~M lawt of ths Unit~d S~~t~s of AmKk~ ~od Mvk~p in principal plac~ of b~~~iMSS in tM Ciy of Fort Piac~, S1. luci~ Cou~ty, flwida. Mr~itufl~r d~~~ynat~d a~ tM "MORTGAGEE:' WMEREAS 1M MORTGAGOR ia jv~tly indebt~d to ths MORTGAGEE in tM sum of f 2 Z+ OOO. 00 and lawfui money oi the Urt:•ed Sfarei sdvancsd by th~ MORiGAGEE ~nto the MORTGAGOR, ai ~videnced by a certain promiuory note of evrn date her~wi~h, of wh~ch th~ followinp in worda ~nd ~ipur~~ ii • trw copy, to-wii: f ~n~)~~ p~,_ 14 , 7 34 fo?t Pisres, Flaida. ~1drCh 1. 19 6$ fw valus received, 1, w~ w eithcr of u~, prom~se to pay, without def~lc~tion, to the order of FIRST FFDERAL SAYlNGS ANO IOAN ASSOCIATION OF FORT PIEtKE af fort Pierc~, Flwida, fhe sum of : ~ 1, O~~.O~ with interest from date at the rate of 6• 9 96 per an~~m, in monthly install- menta as follows; Z 177• ~O p> >M lntfl ~Y of Anr ~ j , 19 68 a like wm on the cwrespondinp day of esch month ther~- t afrer until the whol~ be fully paid. Each installmcnt tirst shall be applied in payment of the i~tereit snd then on the unpa=.d bal~nce of the princip~t sum. If def~utt is made in tM payment of any installme~t when dve, ar?d such delault continues ^0 days, then at the optan of the holder, a~d without ariy other notice, ~It the remaining ~n:tallmeMa sFyll be due and payable ~t once, Privilege is 9iven to prepay this note in whole w in part af any time without pcnalty. •Neither fusbear~nte, no? +cceptarxe by the holder thereof after any default in ~ny payments hereon, shall be decmed ewension. A late paymeM chuge of =$•$S ,~h~tl bs added to each inatdGnent remaining unpaid 7 dayt after ib due dale, and a lik~ sum shal) be added to each such inst~llmenl remaininy unp~id 7 days afta eath sucteedir?p payment date. , . E~ch maka, surety snd endwser hereof, jointly and severally, waives demand, p~esent+nent profest and notice of proteit for r?onpayment, s~d fuAher agrees to ~ny extcnsion of time of payment, ei~her before or after maturity, without not~ce to any of us; and to pay sl! costs of collection, includ~rg • reasonable attorney's fee in 1he event of any default hcreunder, and hereby uverally waives all benefit of homestead and exemption undtr tMe constitution and Iaws of each State oi the United States, as agsinst this oWigation o? any exter~sion or r~newal fxreof. Witness the hand u+d ieat of each party. • S! Otis A. Roc~ers ~y ' S/ Tlorence M. Roc~ers ~p (s~?U t j 31 . 50 ~ Sat~ Revenw ~U (St+mpa urrcellsd on aipFnal not~) NOW, THEREFORE, ths MORTGAGOR for the pvrpc?se of secvrirg payment of said sum of =~L~ 000 _ On ,~nd tM performsnce of the cov~nanri and apreemenb hertinsfter expreued, u+d for divers good u~d wlwbl~ cansideratio~s, by thes~ p?eaants, does 9ra~t, b~r9ain, sell, remiis, releate, conwy u+d conf'um nnto tht MORiGAGEE, in ivtceuors and auiQns, ~11 that cert~in lot. Pieq or parcel of land, sitvat~. IYinp, and btug in tM County of St . LUCle , and Stats of fb?ida, d~wiMd as fdlows: Com;nence at a},oint ivhere thQ S~uth line of Government Lot 1, Section 12, Totvnship '6 South, R~nge 40 East, intersects the West shore line of the Indian River; thence run ~dest alonct the South line of said Government Lvt 1, 400 feet to a point; thence run Northerly oarallei to the West right of cvay line of South Indian River Drive a clistance of 49.6 feet to the Point of 33e~inning; thence continue Northerly parallel to the West right of way line of South Indian River Drive a distance of 2^v0 ieet; ~:~~nce run East parallel to the South line of said Government t.,ot 1, a distance of 150 feet; thence run Southerly parallel to South Indian River Drive 100 feet; thence run East to the ;:est shore line of the Indian River; thence run Sautherly ~eandering the West shore line of the Indian River 100 feet; thence run tJest paralLel to the South line of siid Gove nment Lot 1, a distance of 4C10 feet, more ar less, to the Point of Be~inniny, d~ IM PAYMENT OF TAXES RECEIVED f DUE ON CLA55'C' INTANGIBLE PER50`!AL PROPERTY~ PURSI~ANT 70 CHAPTER 20724, ACTS OF 1441, , . , ROG r r ~dTRA'~, Clsrk Circuit C:urf GCt:J~tii;_~ ~ i t:;•;;- j,{,{ as Agent for CURTlS M.1AME5 - i:. - - St. Lucie Cou~h Tox Goll ~ = r.aR a~bs~ ~ ~~~'~.~;r - ~ i~~~~~_` 3 1 5 Q= ~ • p ~ J ~a.i~` ~r /T~,~VT~ `r `'~,~nL•`:~ <<_~_~'= - ' _ / togethsr w~th atl and sinyular the tenements, hereditamenn and appun•rxes fi+ereumo b.lagieg or in a~ywise .pperainirg rhere% ~nd all reori, iuves. proteed~ and p~ofiri accruirp and to sccrue from said premiies all of wFiah ~re included in the ~bov~ and fwe~oi~;. dtscription and habendum. TO HAVE AND TO H04D ti,~ above deuribed ~nd yr~nted p.e.nises unto ths said MORTCsAGEE, its suaeswn and ~uipns for~ver. Md th~ saW MORTGA R for t he i r ~~n, executon, adminisu~tora snd auign~, her~by covenants with the s~id MORTGAGEE, iri s~rocesso?s and ~ssipro, rhat ~ey are I~wfull seiud of the s+id y promises in fee simple; thst tM s+m~ ~r~ hN,. clear ~nd di~cMryed from sll liens and arcure~ brancq in I~w or in equity, and that thev w~~~ h i r hei?} shall warrant uid def~ad th~ titlt ro tl+~ samt to th~ saW MORTGAGEf, its svcoeuws ~ncf ~uiQm, forever ayairut the lawful dsims snd demands of ~II penom; PROYIDED, AIWAYS th~t if th~ JNORTGAGOR sh~ll pay umo rhs N~ORTGAGEE tl+~ p.omiiwry note Fw.sinbefw~ dewibed and ~MII tn,ty, promptly and fully pe?fwm, diuharye, ~:ecute, compkie, comply with and ~bide by ~sch and wery th~ atipulations, apree~Aents, COflditlW~f ~Ild COYlM~1b Of Nid promissory nott and of this NSort9ape, then this AAort~age and the Esrate her~by veated shall c~+~e u~d be nvll ~nd wid. IT IS UNDfRSi00D that the word "Mort4aQor' whether in ti~e sinpulu a plwal ~nywher~ in this Mortq~ye, sMll be si~ular if one only ~nd shall b~ pl~r~l 'pintly ~nd kverally if mors tMn on~, ~nd tMt tht wwd "their" ~s wed ~nywMre in this Mwtp~pt sh~ll be bken to mean "ha;' "hen," w"in:' wherever th~ context so impliet or ~dmin. Alw, that wherever iher~ is ~ r~fttenp in th~ tovenanri and aQreemeM~ herein oont~ined to any of tt» pnties hereto, the s+me siull b~ construed to mean a~ well ~s the Min. Ipal npres~ntatiws, wccesson and aaipr?s (eithe~ voluntary by ~ct of tM Qartis~ a involuntary by operaiwn of tl~e law) of the ~~me and th~t the covenu~ts h~teio contair?ed shall bind ~nd tF?~ benefit~ ~nd advant~yts irwr~ to th~ resp~ctiw heas. kqa! repretentativei. ~uaesson and ~u~ro of tfw puti~s herrto. Md aafd Maty~po~a, fw thems~lves and tl+eir heirs, 1e9~1 ~~presentatives, wccesson uid ~uipns, hertby jointly iM~ flvN~Ily COVlMM and ayr~e to and witb th~ s~id MpRTGAGEE, its wcc~iias and sssipm: 1. To pay atl ~nd sinpvlu th~ principal and interest ~nd thi wriova ~nd sundry sw~n of moeey p~Y~b1e by virtw of s~id p~omiiwry note, and this mortp~ye, each :nd ~rery, promptly on ths days respectively th~ samt sw~r~lly bec«ne dve. 2 7o pay ~U and airgulu ths tisa. ~ues~ments. lwies, IiabiliY~es, oblipations and ena?mbnnces of every nature and kind now on s~;d described propKry, or that hereafier may b~ ;mpowd, wff~red. Pl~ced, kviad, ar auessed thsreon, a tMt I~er~aher may b~ levied a usessed upon thi~ MwtQ- +ge, w th~ ind~btedn~ss seu?red hereby, ~ach and ~very, wh«, du, •nd p.yabl., acco~d++p ro law bfw. rF~ey becw~s delinqvenr, and b~fw~ any imertst ettaches or my penalty ii incurred; AND INSOFAR AS AN~ THEREOF IS OF RKORD THE SAME SHALL bE PROMPTLY SATISFIED ANO ~ISCHARCsED OF RECORD AN~ THE ORIGINAI pFfICIAL OI~CUMENT (SUCM A5, fOR INSTANCE, THE TAX RECEIPT OR THf SATISFACTIOfY P/tPER -OFfIC1AllY fNDORSED OR CfRTlFlEO) SHALL dE V(ACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; snd in the event fhst ~~y therwf is not paid, sat:sfied snd d"wcharyed taEd MORTGAGEE may ,~Y ~N,,. P.y the o. ,~y P,n ,t,~..,r without waivirg w affedinp sny opMOn, lien, equity or i .ipht unde~ a by virtue o( this mort9s~e and the fuil amount oF each ~nd every such p~ymertt shall b~ immediat~ly dw +nd payable and shall beu interest ~ ~.om the d~t~ ther~of until p~id rat~ of nirw pe~ cemum per annum snd top~tMr with such int~r~it sMll be secur~d by the Iien of 1h:s morpta~s. ~ so~n 11U YA~ ~299 ~~~y K~°, . ,F,J'i„au• ~ - ' . 1 ~ _ "§t~S.Y . „"AL . . . ~ _ .i 7j.