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HomeMy WebLinkAbout2310 ~ ibgy,~l TH15 INDENTUR6 AMd~ tti 19 t d~y p~ Ma rc~ ,~,p, ~y 68 ~~tW~ _ .r~mAr~ Inc . a Florida Cor~oration of S~. LUC~A , Counry Florida, Mr~in~fttr d~slqnsNd the ^MORTGAGOR," ~nd fiRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIEACE, a oorpor~tro~ orpanized and ~xis~inp und~r fh~ lawt of th~ U~it~d Sut~s of Am~riu ~nd Mvinp it~ principal pl~n of busintas in tM City of fort Piac~, St. tuci~ Cou~ry, Ptaids. Mr~inaftK d~tpnat~d ~t th~ "MORTGAGEE:' WMEREAS 1M MORTGAGOR ia jwtly ie+d~btsd ro th~ JNORTGAGEE tn tM sum of ~_.2L~ ~ OOO. ~0 yoo~l ~nd I~wfut money oi the iln~ted St~t~s adranc~d by the MORTGAGEE unro ths MORIGAGOR, u evidenced by ~ urtain promiuory ~ot~ of ewn date her~with, of wh;ch th~ followinp in wads and ~i~uret is a trw copy, to-wit: : nnn ~ nn 1!~^? ~6 Fw~ Pierc.. Flwids, I"~~Y' -_..~._Z 19 QSi_ Fw value received, 1, ws w eithe~ of us, prom.~is~e~ to pay, without dsfstcation, to ths order of ffRSi FfDERAI S~AVINpGS AND LOAN ASSOCIATION OF FORT PIERCE al Fat Pierce. Flo~icla. the sum of 5-~-~-F ! • 00 with intere~t from date ~t ths rats of v~ 7 9f. per ~nnum, in monthly imblb menrs u foltows:;2OZ.~0 ~ ZOtYI ~y of aTUfl9 ~q68 ~nd • like wm on ~h~ cwrespaxiinp day of euh month tMr~- after ~ntil the ;vhole be fully paid, Each insullment first shall be ~pplied in payment of the interest u~d then on the unpaid bal~nce of ths principa! sum. If de~autt is msde In th~ paymeM of ~ny inst~llment when dus, and stxA defavlt toneFnues 30 daya, fhen st th~ option of the ho{der, and without ~~y other nolice, all the remai~ing installm~nri thall be dw ~nd p~yable st once. Privileg~ is given to pr~Y this note in whol~ a in p~rt at any time without penalty. •Neithsr foreb~sr~nce, nor ~cuptanu by the holder thereof ~ha any default in ~nY payments hereon, sh~ll ba decmad extension. A bte p~yment chupe of s 1 O~ 1~shaU b~ added to each inst~ll~nent rcmaining ~~~d 7 daya aftK id dw date, and ~ lilu wm ahall be add~d ro each such insHllment r~maininy u~p~id 7 days aft~? each sucacdinp payment date. Each m~kar, wrety and endwaer hereof, joinHy and seve~ally, w~~ves demu~d, presentment protest and ewtic~ of protat fw ~onpayment, ~nd fvMhar •grees to any exteniwn of time of payment, eifher before or aiter matu~ity, without not~ce to any of ~s; and to pay all costs of collection, includirg a ~essonable attorney i fee in the event of aey default hereunde?, and hereby sevenlly w~ivei alt benefit of homeste~d snd exemption under tl+e coratitWion and laws of e~ch State of the United States, as agsinst this obligation or any extemion or renewsl hereof. wirneu the hsnd and seal of each psrty. Edmar Inc. ~ Corporate Seal Affixed gy; s Edmund M. Radke Pres. ~u Attest; s Doris M. Radke 5ec. ~ ; r ~6.OQ ) stat. aeva,v. ~ (Shmpi uncelled on oriQina! nott) ` NOW, TlIEREFORE, ths MORTGAGQR for ths purpoie of secvring p~yment of s~id wm of ~ ~OO - and tM performanc~ of tl~e cnven~nb u~d ~yreemenn hereinsfta t:preucd, ~nd fw diven ~ood ~nd wluible ca+sidKatwes, by thtN pnsenn; does ~ranf, baryain, ~ell, remise, releas~ ca~wy •nd oonfirm unro fIN MORTGAGff, ib wcceuon ind assigns ~U that oert~in lot p'~eo~ or puul of (and, sitvu~. IYinp, and b~irg in tM C~~y ~ $ t~ LU C ~ A , snd Sat~ of Pbrida, d~wib~d a follaws: Lots 3 and I~, Block l, of KILLF,R ~ S ADDITIOTJ TO LINCOLN PARK, s~. ,per plat thereof recorded in Pla~ Hook 7, na~e 32, public records of St. ;Lucie County, Florida, ~ . ~ , • ~ ~i ~0 ! ~ i RECEIYED f ---~N PAYMEVTOFTRXES i i , , DUE ON ClASS'C' 1NTANGIBLE PERSO`IAl PROPERTr. j; ~ . PURSi!.a!1T TO GHAPTER 20724, ACTS OF 1941, ~ j F' L""`"•'~' ROG f: P^lT,i- Cl~rk Cirtuit C_urt J~ = I1wR 4'6B''' :-~=c = as hn~ni for CU T~~ M. IA~.1ES e F p = ~`x ;l'`; l - - , z U ' 3 6 0 0= sr. ~~g c«,~~ TaX cd,~ N CCM?TRCLtFR ~~i~ - . ~!R.1?J1SH - - . gy urr c~r~ royethK with ~fl and singular t!» tN»ments, hereditamenb and appunar?ces tMrew+to b~lorgirg or in ~nywiw ~ppertainFnp there/o, and ap rMts, issuM, proces~k and profin acauinp and to sccrw irom iai~ premises all of wFi~ u~ indudatl in ths sbov~ and forepoiop d~saiptwn and h+bend~rn. TO HAYE AND TO HOID tM sbow described +nd 9?~nt~d premises unto th~ wid JNORTGAGEE, its wo~es~on and astipra fwewr. Md tlr aid N101tTGAGOR fo? it8 Irin, ~zacuton. ~dministraton ~nd auiyro, hsreby ooven~nts with tM ssid MORTGAGEE, Hs s~aeswn and assipns, that i i: i a lawfull ui:ed of rhe said Y premisea in fN simple; that tFw um~ u~ h».. cleu sed discharysd from all liera and e~cwrr branca~ in law w in equ~ty, and that 3- t will and i t~ h.~ ahaU wa.nm and d.f.nd rM rn~ a it?. w~. ro rh. s.td AhORTGAGEE. in succeuors and assipen, forew~ ~Qairut ihe lawfvl claims and danar~ of ~tl p~rsoros PROVIDED, ALWAYS tMr if rhe lIAOrtTGAGOR sh~ll pay unto tM MORTGAGEE rM pron,iuo.y nore hsr~inbefors dexribed .nd shall tn,N, prompty and fully p~rform, d~ach~rQe. ~xecuf~, comPl~te. complY wi~h and .bide by ~~ch and ~wry Me sripub~~om, a~ree~ner?n. ca+d'niau ~nd oovenann of sad prornis~wy not~ ~nd of this Monyap~, ti~en thq Morty~ye and th~ &r~q hereby v~ated shall aak ~nd b~ rwll and wid. j IT IS UN~ERSTOOD that the word ' Mwt9ayor" w?+ether in tM sinpulu w plural anywher~ ie this Mortyap~, sMll bt sirg~lu if o~e only ~nd •MII b~ plvr+l ioir?tly ~nd seve~all~ if mon tMn on~, and that tM word "tMir' w~d anywh~n in this Mortysp~ shdl b~ uk~n to m~an "his; •••h~n; • or "ih." wherevsr th~ cont~xt w implies or admita. Alw, tfwt whaever tha~ is a nftrsnc~t in tlw cortna~» and a~r~emenn Merein cont~ined to any of tF» puties iwreto~ the s~ sh+ll be caatruad to me~n ~s wdl as tM Mi?s. Ipa) npresentatives, suoceuors and sssgm (~ither volvntuy by aet of th~ parYas a invdunt~ry by operation of ths bw) of tM samQ ~nd that tM oov~+wnn hertii+ contaimd th+ll bi~d a~d tM ben~fi» and ~dv~nrp~s inur~ ' ro tM respeciive h~irs. lp~t represe~at'wet, waeuon and au%pm of ti~ parti~s Mr~to. ~ Md aid Mor?~apwa, for themklves x~d tF~eir h~irs, I~yal repraentstives, wae~son u+d asipm, hereby jointly ~r+d sw~rally covenant ~nd prN i to and with t!M said MORTGAGEE, its svasswrs u+d assipro: ~ 1. To psy ~11 and sinp~IK th~ princip~l and interest and thi variovs and sundry w~ro of mon~r paYab(s by virtw of wid promissory nor~, and thF~ : matp+p~, exh and werY. P~a^Ptly on th~ days rap~ctively tM sam~ wwr~lly b~oorm dw. ~ 4. To pay +11 and ~irgvla th~ tixea, assesunenb, Iwies. IubiliPKS. obli~tiom and encumbra~ca of wery natw~ and Wnd naw on said desvib~d ~ P~~~Y, or ~h~t hereafrer rn~y be impowd, wff~r~d, p~aoed, kvi~d, or aa~sud rlKr~, o? tlwt hereaher may be leviwd a usas.d upor+ this Mwp~ i +p~, or th~ M~debtednea ascurd her~by. ~acA and wery, wh~n dw ~nd p~yab4, aaordinD w law, b~fa~ they becane ddinquent, ~nd Mfw~ aoy im~rat at~~ches w sm penalry a in~wred; ANO INSOfAR aS A 7HEREpF IS Of RKORD THE SAME SHAII 6E PROMP1lY SATISfIED AND OISCHARGED OF # RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (St1C~ AS, FOR INST/INCE, THE TAX RECEtPT OR THE SATISFACT1pN PRPfR ~OFFIClALLY ENDORSED t OR GfRTIflED) SHALL 8E PUCED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEX' AFTER PAYMENT; aod in the evs~t tMt any therwf is not ~ paid. ut:ified and discharp~d ~aEd MORTGAGEE may ~t any tim~ p~y the sam~ w a~ryr paA thereof without waivieq or ~ffectirg any opfion, iiN+. ~quity a •ipM under a by virtw of thK mo~tyaye and tlw iutl amount of uch and ~very wch p~ym~nt shall b~ immediately dw and payabk ~nd shall bear interest hdn 1he datt tf+Keof vntil paid tt r~t~ of nin~ per u~twm p~r annum snd ~tt~ with wch inttr~st tlwll b~ sscur~d by th~ li~n of th:s motqta~e. ~ dooK1~o PAGEz303 ~ ~r~ - - - - - - ~ ~ . ~ f ~ : ~ ~ . . . 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