HomeMy WebLinkAbout0078 C - ~ ; . ~ ; ` .~6544"7
~ TH13 INDENTURE, M~tl~ th• 2Oth d.y of MaYCh _ A.D. 19.~.~.. bNw~+
Fie~nice Peeples Paulk. formerly kno~vn a~ Rernice Peenles~~inale ad~t~ ~n
` Eddie B. Paulk, husband and wife, and Rr~nkl,in A. HaYris and Valerie V. Harris__hig
~ of ~t . Lucie ~~~y F~~, ~ninsfte! d~tlyMt~d as fh~ "MORTGAGOR;' a~+d fIRST FEDERAI Sfiliitv~ss i~ivu i~i?~~; f~~
~ ASSOCIATION OF FORT PIEIKE, ~ aapa+tion wy~nized uid ezi~ting w~dK IM taws of th~ Unit~d St~ta of Am~~iu ~nd h~vinp Nt princtp+~ Pbu o~f
~ bu~inKS M tM qty of Fwt Pi~ra. St. luci~ Counry, Fiorida. Mr~i~+ah~r daipo+Nd a tM "AAORTGAGEE."
, WHEREAS th~ MORTGAGOR is jwtly ir~bt~d to th~ MORTGAGEE k? tM wm of ~ S ~SOO. 00 , Qood ~nd I~wfvl mon~y of tiw UniMd
Stat~s adwnced by tM MORTGAGEE vnto tM 1NORTGAGOR, as widencsd by • urtain promiuay ~t~ of wen date Mr~with, of vrhich tM fdlowinp In
' wwds ~nd fipur~s b• trw copy. towit:
s,~.s 600. 00 pp 14,790
- w.~ p~.rn. F~«y,. March 20, t9.S2.~_
fw valw receiwd, 1, wt or eilhe~ of ~xomi~ to pay, wilhout dtfatcation, to the orde~ of FIRST FEDERAI SAVINGS AND LOAN ASSOC~ATION OF
FORT PIERCE at fat Piera~, Fbrida, the svm of = S, 60~ • 00 w;th intere~t from date at ~he r~tt of 7'16 pa ~nr.wn, in ma?thly int1a11-
ments as follows: i 51 on tM lOthday of ri~~[ . 19-~ and a lik~ :um on th~ cwr~pondinp day of exh ma+th th~n-
~fter ~otil tM wFwl~ b~ fully paid.
Each irot~ilme~t fint shall b~ ~pplied in paymem of th~ interest ~nd then on the vnpaid batanoe of the prie~apal awn. If d~fwh b m~ ia tA~
paymcnt of sny installment when dve, a~d such default continues 30 dayt, then ~t tM option of the holda, ~nd witF~out any othtr notiu, ~Ii tM r«naininp
~nsallrns~b shall be due u~d paysbk st once. Privil~ is ~iven to prep~Y thb not~ in wFwlt o? In p~rt ~t w+y t~me without p~n~hy. •N~itF?~ fa~Mar~nc~,
rwr ~oc~pta~o~ by tM holder thxeof aft~r any defauh in any paYments hereon, shall be dasmed sxteiuia+. A late payment cha~ of i 2~ SS ~tl b~
added ro sach instalhnent ~smaininp ~npaid 7 days ~fta ib dw dat~. and ~ iik. swn sF?all bs added ro each wch inuaitm.nr ~.m+~nin~ ~,np.id 7 day~ afi.r
each suoaedinp Wyma?t dat~. . •
E+ch make~. sunty snd endorse? heroof, joinNy snd sever~lty, w~ives damand: presentmcnt pro~eit u~d ratioe of protest for ranpayr~snt, +nd fwther
agrers to ~ny ~xlension of time of payment, either before w efter rrNturity, without rar'~ce to ~ny of us; s~d to pay ~II cwts of colted'an, inciudinp •
:easonabk attoraey i fee in the eveM of any defauh hereunde~, and hereby seve?ally waives ~II benefit of homeate~d at~d exert?ption und~r th~ oduN1u11on
end laws of each Suro of tln United State~, ~s a9sirat thii obipatton w any exteniion a r~newal henof. •
Witoess th~ Mnd and u~l of each party .
S1 Bernice Peeples Paulk ~
.
' ormer y cnown as ernice ~
~ - (sEiW
5 1e . a
r S8.40 ) Stats R~v~nw Idl'1 in . arris ~AI-)
csfunp. ~.nw~1~a oe «iptn.~ eot.) S Valerle V. Harrls (SEAL )
NOW, THEREFORE, the MC~RTGAGOR fot ths p~rpo~e of kcurinp p~yment of aald suen ~ f~ ~
coveewnh and ~pnem~nt~ htrsin~her ~xpreued, and for fiven yood and valu~bl~ coiaiduNiora, by tMs~ presanl*. does p~ant, b~ryain, sdl, rtmi~e,
rel~aw. eonvey uid conf'vm uMO tbt JNORTGAGEE, its wcces+or~ ~nd ~uiQns, dl th~1 cKtain lot, pieo~ ot p~ral of luid, situa», lyinp. and b~kg in tlN
~W~h ~ St • L.uCl@ Stat~ of Florida, davib~d u folbws:
Lot 18, Block 4~ SO[TPHERN PINFS SUBDIVISION, as per plat thereof recorded in Plat
Fiook 9~ page 68~ public records of St. Lucie County~ Rlorida~`~
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rop~tfrr with all ~nd sinpular th~ t~nem~nn. I+srediumenn and appwunc~s tlwrwnto b~lonpinp or in anywis~ ~PPKtainkg tlwrNO. +^d all reots, i»wi,
~ procs~ds snd profi» aanrirg ud to ~cvw fron+ s~id pr~misa all of which u~ indud~d in tM ~bow ~nd fwpoinp d~uriptia+ +nd h+bMdwn.
TO HAVE AND TO HOLD tM ~bov~ describ~d ~nd yrsoted pnmp~s unto the iaid MORTGAGEE, its suaessas ~+d ~ipro forrw~. Md th~ ~Id
MORTGAGOR far thpi r Min. ~xscvton, admin~tr~tors and sasip~». Mr.by ca!.n~nn wirl? rM sa~d ~;..^RTC!?GEE, hs woaaas «d aa1p~M
ihat the~ arp ~~~~Iy ~ H;d aam;u~ in fs+ aimpi~t thN tFw ~ an fr~e.. cl~+r and diKh+rpsd frorn atl li~rn ~nd ~ncunr
br~noes in I~w w In eq~iry, and thrt thev will and their h~irf sh+ll warram and d~f~nd tlr titb w th~ ~anr b tM sald
MORTGAGEE, ib svcoessors ~nd auipro, forw~r apakat th~ lawful d~imt snd d~ af dl p~namt
~ PROVIDfD, AIWAYS that if tM 1NORTGAG4R ahall paY vnro rhe MOltTGAGEE tl+~ promis~ory noM hen'u~b~fon daaib~d ~nd ~hall tr~ly, promptly
~ and fully paform, d~Kh+rp~. ~xscut~, comDl~r~, comPM wirh ~nd •bide by e+di and ~very tM ~tiq+brwns, apr~rrwnn, oadiriom and covarw+b of s~id
promiswry rab and of tl~is AAortpape, tMn this A.ort9aye and the &bte h~r~by v~ated shdl oaw and b~ null aed wid.
IT IS UNDERSTOOD th~t the word "Mortpapw" whe+Mr i~+ ~he sinyular af plwal ~nywha~ in t1~is Monyp~, ah+ll be sirgvlr lf oM ady and
~ sMll b~ plural ~ointly and s~vKaly if mon Nun on~. +~+d that tM word "tM&" as used ~nywMn In this Morty~ sMll b~ uk~n to en~an "hi~" "Mn;'
u"Hs." whertw~ tFw tontext so implip w admits. Abo, th~t wMrewr then b~ r~f~nnc~ in tlw townaMS ad pr~em~nb M?~in oont~imd to srty of
th~ parti~a MrNO, tM sam~ sMll b~ comnwd to nMan as vvdl as tM Min. I~p~l nP?es~matiw~, wooata~s and auiprn (~itF~r voluntary by act of tM
~ parti~s a involunary~ M oper~rion of th~ law) of th~ sun~ and tMt ~M oova~.na h.r~in cam.in.d shall bind and ih. b~n.fin and adv.raa~s Inu~•
to th~ rap~ctiw Min. Ipal nWes~m~tiws, wocesson and ass~ns of tM pati~s ha~to.
Md said Mwtpapon, for tF~srrwlws aid th~ir Min. I~WI ~~praN+t~tiva, s~casson snd asaipm, hs~~bY iointly and wvually oovsrwnt ~nd prN
ta and wfth tIM said MORTCsAfiEE. its waeswn u~d suipra:
1. To pay ~I) ~nd si~p~rlar th~ printipal and Intaest and thi vaian and wndry wms of mawy WY~ bY vktw of aid p~omiuay nott, and thia
mwtpsp~. ~ac1~ ++d ~+r+?Y. P~~Pth d+Y~ ~~+P~^n~Y Nw sam~ ~twrally brcom~ dw.
To p~y all and Wnpulx tM t~xa, uKSUnents. Iwies, liabiliti~s. oblipstiom and ~ncumbr+nca of w~ry nstw~ ~nd kind now an s+id dacr~d .
~ P~oP~Y, or that hueafta may b~ i~npowd, suffK~d. P~+ted~ I~vid, w aNSwd tl~ueon, a that Fwr~afta may b~ twi~d a us~aed upon tl~s Mor1~
a9~, a tM 6~dsbtadnas tscur~d Mt~by. ~ath ~nd ~vNy, wh~n dw ~nd p~y~bb, aaordir~p M(aw, before tlay becon» dslirqwnt, and b~fon ~try kM~nst
sttecMs ot a~r pen+ItY (s intw~ed: AtJD tNSOFAR AS THEREpf IS OF RKORD THE SAME SFIAtI 6E PROMPTIY SATISfIED AND GISCFI/1RGE0 OF
RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (SUC~ /15, FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISfACT10N PAPER ~OFfK1AlLY ENOORSED
OR CERTIFIED) SHAII bE PUCE~ IN THE FiANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in th~ w~nt th~t any tMnof is no~
pa~d, wt:sfied ~nd diid~ped said MORTGAGEE may ~t u~y tirm p+y fM ~+me a any patt fl~u~of withouf waivinp or ~fhctirg any oplion, li~n, ~rity or
•rohr unda or by vi?~w of rhis mo.ry+g. «+d th. full amovnr of euh and •very such paym.nt .4a11 b~ immediat~ly dw and payabl~ ~nd ~hall bw im~r~st
~ ~rom th~ datt tMreof until p~id a? rate of ni~e per untwn pt~ ann~m and to~etR w~th wch irtMKt ~Full b~ secw~d by tM lien of th:~ morptp~.
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