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HomeMy WebLinkAbout0187 ( t 165514 TNIS INDENTURE. 1N~tl~ th~ 21 S t ~Y of ~ 3,_„~ i~ ~1 Ch ~~~'S - A.D. 19~2~, b~nnNn .Jim O. Hamilton and Glori~ Elaine Namilton, his wife. _ of St . LLIC 1@ ~ ~~~y p~;~ ~e~{~ ~~nat~d ~s tM "MORTGAGOR;' ~nd FIRST FEOERAI SAV(NGS 1?1.~ ~OA?N ASSOCIATION Of fORT PIERCE, ~ aapor~tion o~y~niz~d ~ed ~xistinp ur~ tM bws of tM Unind Suta of Mx~ka and Mvinp its prindpa{ _pla+q~ of buw»a N tlw City of Fort Pi~ro~. St. lucM Cow?ty. Fiorid+. iwnieWftK d~siprut~d ~s ti» "MORTGAGEE.° . " WHEREAS tM MORTGAGOR ia jwtly ind~bad M t!w N10RTGAG°~ ~~+,..w+? of = 19, 500. ~ ~ood ~od (awful. ~pon~y o~ tl~t Uiyte~. - Stat„ ~dvanc~d by tlw MORTGAGEE unto tM MORTGAGOR, u widaic~d by • aM~in promissory not~ of ~wn dat~ MrwvitFy of_wMd~ tFw follo~rinQl~i, wwd~ and fipvt~s is ~ t~w toPY, to-wit: ~ . ~19, SOO.00 • ~on P~.ra. Fb,~d,, March 21 ~ ty~,,,~3i Fw wlw r~ceived, 1, vw or ~ither of us, promis~ to p~y, without d~f~tution, to tM ordN of FIRST fEOERAI SAVINGS ANC IOAN ASSQCtA?ION OF FORT PIERCE ~t Fort Pi~ru, Flaida, the wm of = 19 500 ~ 00 with iet~r~st from date +t tM wt~ of ~L~~1 pa +nnun~, i~ month~Y irotd4 me~n u follows: t 149.00 ~ ~M lOth~y of M~1V , 19~L~ ~nd • lilu sum on tM correspondi~p d+y of ~xh ma?th tl+~n- .fat umil tl+~ whole be fuliy paid. E+ch insqlim~nt fent sMll b~ applied in paymcnt of the intereal u?a then on tl+e u~paid bslance of tM princip~l swe~ If defavh is m~c1~ in th~ payment of any iruullment whtn dw. and svch default continues 30 days, then at th~ optan of the hold~r. s~d wi~how any otFw notiu, sll th~ ~an+ininp installenents sMll bs dw and p~yabb at onc~. P~ivilep~ k piwn to prep+Y lhis eoh in wtwl~ o~ ia put at u+y tNne witFwut p~Mlty. •NeitMr fa~b~anno~. nw aa~ptana by tl+~ ho1dM tM?wf aN~r any d~fault in anY p~Ymenb herson. sh+ll be d~++ed exteesion. A lat~ paymen~ cl+a~y~ of ~.__Za_~~. shall b~ added to ~ad~ irotaltw~ent nmaininp unp~id 7 days ~har Ns dw daN, and a liks wm sh~ll be ~dded fo e~ch such inat~llm~r?t nmaininp u~id 7 days ah~r each svcuedinp p~Yme~t d~te. , Each maker, s~xety and endorser hereof, joinHy ~nd s~ver~lly, waives demsnd, presentment protest and notice of protest fo? ~onp+ymsnt, a+d hrrfMr agreea to ~ny extension of tim~ of payment, eitMr befors a ~fte~ maturiry, without notite to st+y of w; snd to pay all oosts of tollsttan, intludlnp • raaso+?able utaney i f~e in the event of any defavlt hereunder, ~nd hereby severally w~iv~s all benefit of Iwmeste~d aod ezemption und~r th~ ceraHtwion and I~ws of esch Sute of tl~e United Stata, u+ysinst this obliyalion w u~y exteroion or ~enswal hereof. Witneu the Mnd ind s~sl of each p+rty. • g[,T,~O Hamilten ~SEnI~ ~?U slC7or~a _laine Hamiltnn (~/w ~ S2 9. 2 5 ) Sta» R~wnw (Stamps car~lld on aipinal not~) • NOW, THEREfORE. the MORTGAGOR fw the pwpos~ of ucuri^0 WY~+ent of ~sid swn of ~ 19, 500. ~ , and tM p~?fam~na of th~ cown~nts Md preements Iwr~inaft~r ~xpresud. and for dven yood and valwbb caaid~.~Yiora~ by tMse pre~a+ts. do~s prant, bayain. s~ll. nrnis~. retease. oonwy and aoofim~ unto tl+~ MdRTGAGEE, Ns succeuon and saipes, a11 tMt aeruin lot. pieu or pual of land, utu~t~. IYirg, and b~lrg tn tM ~~y ~ St. -•LuCie ~ Stm of Flaid., dMVib.d .s follows: Lot 5, Block 2~ GREEIVkOOD, as per plat thereof recorded in Plat Book 11, page 41, - of the public recozds of St. Lucie County, Florida~~? M~-~teR°Q~ 0~ ~p~ 5~ Gf ~9~~' ~ ~ ~~~1~~ *G~r ~t~ S ~Q~~~ZO L~t~S s N~Q ~~ys G~~ G\t~, . ~ i ~u 5 t~-~ t t= ` r L U E-~ ? L~ ~~c~o~a~ t S~~ .,~\S ~t'• \`ec, i c~ DOCUMENiAo" Sl~q~"~A,. o` ~s~ 0.Q~ `~,v ~o}G~ ~ ~Q~~ iw•- ,ti = ~G E~ H o ~ _ npR25'69 ~c~~: 2 9 2 5= ~o PaE~~ O ~ ~a~r;~~ S ~ ~ ~ c~ - ~ S~. N C0~IPTRCLL~A_=`oa+ P.3.,eo~=s ei topetlwr witl~ aU and sinpvlu th~ tenarwnts her~ditsments and ~ppurt~nces tlwrwn~o belonpinp w h~nywbt appettainin~ tlwrtto. ~nd ~II nnt~. isM+K,. proa~ds a~d profifs aaruinp and to ~ocrw from said pnmpa sll of whicl~ m induded in tM ~bow and fonpoirg dauiption a+d h+bend~Kn. TO HAVE AND TO HOlO th~ abow descriMd and 9ranted premis~s unto th~ s~id IYIORTGAGEE, hs wa~ssors and aaipro fawa. Md th~ s~id their ~ MORTGAGOR far h.in. .x~cutors. .dmirwTr•ron and ~ssipra, her.by oown+nn wi~h the s~id MORTGAGEE. in wa~s~ors and +~iprw that th@Y lawfutly seized of the aaid pren.aes ie~ fee simpl~r tlwt th~ sarM ar~ fr~e.. cbar ud diuh~rp~d fran ~II lie+n and ~ncurtr b~.~a ~ t.M? o. .~,ny. .~d ~i~~n they w~~i .~a their ~ir~ shall wuraM ~nd d~fNfd fIN titl~ b th~ NrM f0 tIN Nid ~ MORTGAGEE, ib waeaors +nd assipra. fa?wer a~sinat tMw lawful dairM and dMn~nda of ~11 p~nprt ~ PROVIDED. AlWAYS th~t ff the NkORTGAGOR ahall pay unto frw MORTGAGEE /M promissory rwt~ hKeinbefor~ daa?~d and shall Mvly. prompfly ~ and fvllr perform, dialw?9e. ~x~cut~, comPlet~, complY witl? snd abid~ by ~~ch and ~very th~ atipvlatia+s. ~saMms, aa~dHiau and cov~nants of ~aid ° Pr~~Y noM and of this Mortyape, tMn this Mortysp~ and tt~e Estate hat~by ae~t~d shall ot~ and b~ iwll a+d void. u~ R IS UNGERSTOO~ thN t!w word Mort9por" whstFw~ ln fhs sirgvlar or plu?al anywhu~ in this Mortp~pe. sh+ll be sinpul~r if on~ aJ~r ~nd ~ shall b~ plural ioimly and ~rvewlly if mon than on~. ~nd that tM word "fl+eir" ~s us~d anywMre in this A1lortpap~ shall b~ tika~ to m~~n "hi~." •'Fwrs~•• ~ or "its." wherwer tln wm~ut w implies o~ ~nifs. Alw, th~t wFier~wr rh.r. b. nfa.no. In ~h. coven.nn and spr..msn» ha~n aom•in.d a anp of the p+rti~s Mroto, tlw sarne shall be corotrwd to m~an a well as tM h~irs. Mpal ?~Pru~nt+tiws, woasaors and assipra (~itM~ rduntary by ~ct of the pa»i~s w Involw?t++Y bY op~wtion of tFK law) of tM sxn~ ard thrt Hw ~ms ha~Y+ conaimd sh+ll bind ~nd tFN b~nefits and ~dv~a~s tnwi to th~ ~iv~ I+~irs. Ipd ~ep~eseMatiws. wassson and ass?~ of th~ parti~s b~rNO. Md s~id Morty~pon, for thsm~lva and th~ir Min. Ip+l npresw.:~tiws, svoasson and ~aipn~. Fw?~bY ioi~+tly and sevaally cown~m and p?~e ~ to ~nd with tIM raid NIORTGAGEE, iri woo~uas and +ssiqm: 1. To pay all ad sb~pular tM printipal and iM~rest and thi variow and sw+dry ~urns of money payabls by virtw of said promis~ory not+. ~nd tNs ~ morfyapt. ~+th ~nd rr~ry. PromPt~Y oe th~ d~ps r~spsctivtly th~ sam~ sewrdly b~oonr dw. ~ 4, To pay all and wgvtar tM axa, ~s~esanenn, livi~s, lisbilitia, obli~tions +rd Mc~nbr+noea of w~ry n+tu~~ ~nd kind ^ow a^ s+id d~w~b~d WoPMY, a that hN~~ft~r m+y b~ impoNd. wff~nd. P~+ad. levi~d, w awued t!K?~a+, or that hKtaha m+Y b~ levi~d w asNSwd upon t!~ 11A~orq~ ~ a tM ind~btedrnss wcund har~by. ~ad~ and tvKy, wMn dw ud p~yabb. +aordinD to law b~fon M~y beoorrw d~Unqwm, ~nd betoro ary k~~st att~chp w any p~n~Ny b incwred; AND INSOFAR AS A THEREOf IS OF RKORD THE SMIIE SHALL 6E PROM::LY SATISFIED AN~ ~ISCHARGED OF RECORO AND THE ORIGINAI OFfIC1Al DOCWNEM (SIK~ AS, fOR INSTAMCE, THE TAX RKEIPt OR THE SA?ISFACTION P/1PER ~OfFIC1All1f ENOORSEO OR CERTIFIEO) SHALL bE PLACED IN TME NANOS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAIIMENT; ~+d in tM ~wnt th~t ~rey 1Mnof is nor - p+id. ~at:sfwd and disdur~ed said NWRTGAGEE mar st any tim~ pay th~ s+m~ w~ny part tMr~of without wirviny w affectin~ +~Y opt~ion, li~n. ~rib w ~ •~pM undN a by vinve of tNs monyaps and the fvll amo~nt of each and ~wrY s~ WYmsM sh~ll be N~rnedi~tely dw ~nd p~ysbb and tl~all b~ar kitKat ~rom tM dat~ tlrnof ~ntil paid a1 rat~ of nirw p~r untum p~r annwn and topetiw~ with wch fm~r~st shall b~ s~cw~d bY th~ 1'»n of th:s maptape. 80QK ~ 11 PACf 187 ~ - - - - - ~ . . _ ~4 ~ ,