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HomeMy WebLinkAbout2917 . - = 1.6~ ~i~ 7HiS INDENTURE, Mad~ ih~ 14tt1 ~y of ASarch A.D. 19 - b~1wNn Ral~h L. Hester and Leona M. Hester. his wife~ _ of St . LUC le Cp~~ty Florid~, INfliMfiN d~~lqna~ed ~s tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a twpotaYwn otp~nized +nd axittinp unda fM I~~vt of ~1~ United Suas of /lmerit~ and Mvinp In principal pl~q of . buun~a in tM City of fwt Pi~rc~, St. luci~ County, flaida, M~einafter d~~ipnat~d a~ ti» "M:~RiGAGEE:' WHEREAS tM MORTGAGOR is jvi?ly indebted to tl» MORiGAGEE in tM sum of = S~ 60~• good ~nd I~wful money of tM Un~ted Stat~s advanced by !hs MORTG~GEE u~~o_ the MORTGAGOR, ~i evidenced by ~ cert+io promiuo.y note of even date herewith, o! which tM followinp i~ worda ~nd Iiy~rss is a trv~ copy, to-wit: ~ s,6oo.00 ,~,L~~~4 fo?1 Pierce, Flor~d,, March 14 s ~y~$^ For value received, 1, we w either of us, promiso ~o y, without defalce~ion, to the orda of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIEiKE at Fat Pieres, Fbrida, ths sum of = 5~~~~• w;th interesi f~om dste at the rate of 7 76 pa ~nnum, in monthly Gutall- me~rs as (ollowi: = 56. ~ 1 ~t fl ~Y of Ma V 19_~_ ind a like sum on the corre~pondinp day of t+ch month 1M?r afrer umil the whol~ be fvlly paid. Esth installmeot fint shsll be applied in payment of ths Interesf and then on the uopaid b~lance of the principd wm. If defwh k mad~ In th~ payment of any installment when due, and suth default continves 30 days, then ~t the option of the hotder, snd without any other ratice, all the ~e~++aininp installmanq shall ba due and payabk at once. Privilep~ is 9iven to prepay thw note i~ whol~ w in part ~t any time without pen~lty. 'Neither foreb~ar~nu, no~ ~cceptance by the holder thereof ~fter any default in any payments hereon, ihsll be deemed exte~sion. A late payment chary~ of S~_, sMll b~ added to each installmcnt remaining unpaid 7 dayi aftsr its due d~ts, ~nd • like tvm sMll bs added to e~ch such installment nmaininp unpaid 7 days ah~r each sucteedirg payment date. - Each msker, surety and endorser haeof, jointly snd severally, warves demand, presentment protest ~nd notice of protest fo~ nonpayment, and furtMt agrees to any extension of time of paymcnt, either before or after maturity, without notice tn any of us; and to pay all costs of collection, includinp a reasonabk attorney's fee in tl?e event of any default hereunder, and hereby severally waives ~II benefit of homestead and exemption under tl+e canstitution and lawt of each State of the United States, as ag+inst this obllgation a any extension w renewal hereof. w~~nes, N,e hsnd u,d sea~ of esch Parry. s/Ralph L. Hester ~W cs~?u s/Leona M. Hester ~y c C8 _ 40 ~u ) Stat~ Revenue ~ (St~rnps unoelled on oripinal note) NOW, THEREFORE, the MORiGAGOR fo? ths purpose of securing payment of ssid wrwof ; 5 ~ 6~• O0 , and th~ pe.formance of tM cov~nanb and spreemenn Mreinafter txpressed, and fa divers good and valuab~~ considaations, by tMse prese~n, does yrant, b+ryain, wtl, remiss, releas~, conwy sod confirm unro tl+e MORiGAGEE, iti successort and as~iyna, •II tMt oert~in la, pi~ce; parul of land, tituatt, lyirg, ~nd b~inp in tl» ~~~ry o{ St. LUCle and State of Fbrida, dewib~d u fdlowa:= Lot 7 of Block l, of FLEETI~'OOD ACRCS, as per plat thereof on file in Plat Book 10, at page 78, of the public records of St. Lucie County, Florida,? ~ v ~p pwYMENt OP7A~~ ~ ; i PEi~• ~ RECEIrED ~ G• ~NtAMGIBLE PERSONAL ~ - GLASS ~ 724. A~:?5 ~F 19~1. a.~ 1 ~ C F 1"' ~ U f 1 ~ V i~ ~ pURSUAN7 t j~sP`~* C'UCUit CA~~ ~ F- DOCU~ti7ENTAo`~STAMP TAX a R~G~-R pa CURT{S M. IAMES o _ 1~dRlb'66 ~ti - ~ os "s°"' tox cAu~ ~ ~ = ~>r 8 4 0~ ~ S1. ~0 ~jp1AY N COMPTRQ! LER . ~ LEiIK ~.~.lortiz ~°~oa~~_"' ~ DEM1 ~ ~ ~ ~ together with all a~+d sin~ular tM Mnee+ents, hereditamenri +~d appurtsnces tMre~nto belonpirg w in anywi~e appertainirg ther~fo. ~nd ~11 rentt, hwq. ~ proceed~ and profi» acauinp and to scuue from said premises all of which ue inclueled in the abov~ ~~d fweyoinp d~wiption and habendwn. ~ TO HAVE AND TO HOID the +bove dewibsd ~nd yranted premises unto tFw said MORTGAGEE, ib suuessws u+d auipro forevK. Md tM s~W their N~ORTGAGOR fw hein, executon, administr~tws and auiyra, hereby coven+r?n with ths said MORTGAGEE, i» suaKaon and awiprr. ~ ~h~t they _ ~.,,,,f„uy seized of tM said premis~s in f~e iunple: that tM wrrw are frN.. ckar ~nd diuhar~d from all Ikro ~nd McurR ~ brances in law a in eqv'rty, and thst they W~~~ their heirt shall wurant ar?d d~fend tM titM w tl~e s~rr» to tM a+1d , ~ MORTGAGEE, its succeuors ~nd assiyns, fwever ayiuat th~ lawful claims snd d~unds of ~tl penonss PROVIDEO, ALWAYS that if the MORTGAGOR shall psy unto tF~e MORTGAGEE 1M promistay note herei~b~for~ dtsnibed ~nd shall truty, promptly ~ and fully perform, dlacMrqe, ~xecut~, compkte, comply with ~nd abide by each ~nd wery the stipulatiorn, s9reeeeents, wnditian ~nd aoven+nb of said , promiswry rat~ and of this Mwtysye, thee this Mortyp~ and the &tate haeby vested sMll ua~ w+d b~ null and void. - 11 IS UN~ERSTOOD that tht wwd "Matyapw" whe~her in fhe iirgular w plwal anywhere in tl?is Mwt9~p~, thall be dnpulu if a» only and •h~ll b~ plur+l jointly snd ~ewr~lly if more thsn on~, and that the word "fheir' u uted ~nywh~re in tF~is Mwt9~g~ ~II bs t~ken to msan "his:• •'Mn•• w"in;' wherwer the context w implies w admits. Also, that wFKrever th~re is a r~fere~c~ in the coven+ms u~d ayreements herein conuirnd to any of : t~u puties haeto, the samt shall be cautrued ro me~n well as th~ Min, leyal npreunqtiva, succeuon ~nd +ssipns (eitha vdum~ry by act of tM parti~s p involuntary by opaation of tFw law) of tFK same and that rl» covensnn Mrein contained shall bind ud ~he ben.fin and .dvam~s inw• - to tl» rnpective Fain, leyal rspresentstiws, s~xcesson ~nd ass?ym of th~ parties Mreto. ~ Md faid Mwtya~ws, for themselves and their Mi~s. Ispal repreantatives, sucusfors ~nd auigro, htr~by jointly alld flYNilly COYtMM ~f1d ~fN to ~nd with tF~ ~aid AhORTGAGEE, its succesiors uwi auiyns: 1. To pay ~tl ~nd sirgular tFw princip~l and interest and thi v~rious and wndry sums of nwn~Y P+Y~~ by vinw of aid promiswry note, and this mwtpsq~. ~ach ~nd w~ry, pomptly on tlw days resp~etiv~ly tFw samt Nwrally becoem dw. 2. To pay ai) ud sinpula the bxes, auesu~wnb. Iwies, liabilitie~, oblip+tions +nd ~rKwnbrances of every n+tur~ ~nd kind raw on said d~wib~d ~ prop~rty, w that here~ftw rruy t» imposed, suffued, plaud. I~vied, or ~~esad tMreon, w that Mresfier msy be Iwied a assessed vpon this Mort¢ ~ ~9~, a t}w ind~bted~ss sacurd hsr~by. ~ach and wery, when dw and p~yabk, accudirg to law, b~fon they becan~ d~tinqusrn, and befon aery ima~a~ attathes or ~ny pe~Hy a inc~rred; ANO INSOFAR AS A~ THEREpF IS OF RKORD THE SAME SHAII dE PROMPTLY SATISFIE~ ANO OISCHARGE~ OF ~ RECORD ANO THE ORIGINAL OFFIGIAL vOCUMENT (SUC AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER ~OFfIC1ALlY ENDORSED ~ ~ OR CERTIfIED) SHAu SE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the ~vtnt th~t any tlwwf is no~ ~ psid, saCsfied snd dischary~d sa:d MORTGAGEF inay st any timt pay tht iam~ o? any pan thereof witFwvt waivirg or ~ffettinp my option, li~n, pvity a ~ ~iQht u~de~ ar by virtue of this mortpape and the full amount of each and wery such payment shall be immediately dw and p~y+bk s~d tMll btar inttt~st - ~.om tF~e date th~rwf unfil p~id at r~te of nin~ per centum p~r ~nnum and MyHhtr with s~th int~rett ~!?all b~ stt~r~d by tM li~n of th:s morqtape. ~ a 1~0 PA~? ~9G3 ` 801K w~ - _ _ ' ~ ~ r