HomeMy WebLinkAbout1830 t : 1~ \ ~l ~I t . ~t) ~ J ~.........a._
THIE INOENTURE. Mad~ 1}i~ 12t~1 d.~, of ARril . A.0. 19
68
_ b~fwMn
Indian River Tradina Cor,~~~,Elorida carnor~tion~
~I -
; of St• 1.11C~@ ~~~~y F~~, ~~yw{~d~1~ M~ p th~ "MORTGAGOR.° ~nd FIRST FE~ERAI Si1VING5 AND LOAN
ASSOCIATION OF FORT PIERCE. ~ corpaation oryaniud «+d ~xwttnp und~? th~llaws of the UniNd St~tM of Arnwka and havinp Ns prfncipal pba of
bvWna~ in tM Cily ot far PNra. St. Lud~ Cow?ry. ilaW~. Mnin~fn. daipnft~d a~ th~ "MORiGAGEE."
WHEREAS tM ARORTCAGOR h jwtiy :nd~bt~d b tM MORTCaAGEE in tM ~wn of ~ 9~ SOO. UO ~~M,fvl mon~y of tM VnitKi
~ St~tN advancsd by t1M MORTGAGEE uoro ~ MORTGAGOR, u~vid~r+c~d by ~ art~io promis~ory eot~ ef ~wn dst~ hK~with, of which tF?~ fdlowinp in
w«d~ and fipwas b ~ rrw copy, to~wir: 14 .841
= 9 ~ SOO. 00 ~~o
' Fa~t Pi~ra. Flo?id~, Apr il 12 , 19 68
Fo? valw r~ceiwd, I, vw o~ ~ithN of us, promis~ to pay, withovt defalution, to th~ ordK of FIRST FEDERAI SAVINGS AND LOAN /1SSOCUTION Of
~
~ FORT PIERCE at Fort PiKO~, Hwid~, ths tum of i 9~ 500.00 W~~h interett from d~b at tM r~M of 7% pK am+wn, in moethl~? M+st+~l~
meMS a folbwk i 86.00 a+ tM ~YL. day of June , 19~L~ and a lilu sum on tM corrppondinp day of ~ad+ ewnth Nw~-
aftK until th~ whob b~ fufiy p~id. ' . -
Each i~stallmMt fint ahall b~ applied in paym~nt of tM inter~st and tMen on tFw v~paid bala~ce of tM principal wm. If d~fauR b m+d~ tn Hw
p~ym~nt of ~ny iraqllment wMn dw, and auch dehuit continue~ 39 days, then ~t tM optan of th~ holde~. u~d without ~e~y otFwr notic~. ~11 ti» nm+ir?irg
~nsulirne~+ta ~MII be dw u~d payabl~ a~ a+u. WivileQs b 9iven to pr~pay this noN ie whob w in put ~t ~ny tien~ withovt p~nsity. •N~Hiw fa~b~u~na.
rar ~oaptance by tF~ hdd~r t1+Kwf ~har any d~fwh io ~nY paym~nts I~~on, ~hall b~ d~nwd extension. A lat~ p~yr-ant cl+a~ of t~.-, iMll b~
add~d ro~ach 1rotaUwwnt runainirg w~id 7 d~y~ ahK iM dw dat~. ~nd a lik~ wm ~iwll b~ add~d ro each wch instalim~nt ner~?inp w~p~id 7 d~y~ ~ft~r
each suco~e~Wg WYm~++t dat~.
Each malur, sw~ty snd endoner Fw~of, iointly u~d severdly, w~iws dernand. Prhentmtot prw~st aed notia of protsat fw nonp+ym~nt, and fwtFw
agre~s ro ~ny extension of tim~ of payment, eitF+er befwe a efta matu~ity, without notic~ to any of us; and ro pay ~11 oosb of ooll~ction, includinp ~
rc~w~?~bl~ attwaey's f~e in tM ~vent of any daf~uh her~unda, aod htnby ~evewlly wsiv~ ~11 btnefit of ho~rl~st~ad ~nd ~xanptioe under th~ aonsfitvtion
and kws of e+ch Stat~ of tl~e Unit~d States, ss ~y~irot this obliyation w u+y ~xtMSion a re~uvwl herwf.
w~rness th. hand and s..l of ~ach pa.ry. ..INL~IAN RIVER TRADINC CORP.
. gy $f 7~ffa~v Michael [~c~hpn _ ~Ay
~'orporate Seal affixed. Precident ~
Attest S1 gettX M. ge~kwith~ ~y
r $14.25 r . Secret~:i
) Stu~ RwNx+~ _ : .
(St+mPa t~no~lbd an orlpinal not~)
~ 9_ SA~_ f)O ~nd thi
NOW. THEREFORE. tlr AAORTGAGOR for tM purpos~ of Ncvri~+q Wlrment of saW wm of i~~..-.-.- . P~rlornwno~ of tM
oownants ~nd apr~em~r?ts henin+ft~r t~cpressed, and fw d'iveis yood and v~lwbl~ conaidK+tions, bl? thn~ pna~nts, doa pr~nt, b~rpaln. wtl. nnrM~
reb++~ oonvey ~nd aonfimn unro tl~ MORTGAfiEE. Ns s~?cces~on ~nd suipns. ~11 th~t urtain 101. Piw or P+ral of lard. sinrab. JYinD. wd b~inp In tM
~~„y ~ St. Lucie ,,nd St,r, of F~o,id~, ,l~w;Md td~o~wa:
Lot 24~ L6;VORA SUBD2VISI0~, as per plat thereof on file in Plat Book 8, at page 15, '
Public Records of St. Lucie County~ Florida,~
0 ~3t
~ 9 O/ 111 PArME1{ t~~ppf,[C[r• i
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DOCUMENTAp
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rSTAMP TAX DVaSU
Nt*~~~A C~~`~~ES
~ ~ _ RPR29'68 z,;=:~• ~ R p:: ~'~,~y' S N?, l~'M
~ , i ~ = ` To 1e~lo~
~ ~ CON.PTRQLLER ~'~^Cs ~ ~ ~ S ' ~ ~~1?t ~ CA~
R~~~ ~p ~ /~~.R~
I~R,~ont?3 _ ays` _ _ St.~~ pE411 ~
M
ropNMr witl~ ~It ud sinpvtu th~ t~+smsnts. F»r~ditamenri N+d appwtanns tM?wnro belorginp a tn ~nywia app~rt~tr~~p tMnw, ad ~tl ~t~. MarM.
proa~ds and profin acauinp and fo aww from s~id prempes all of whkh u~ indud~d in th~ abow and fw~poirg dacrlption ~rd h~bMdum.
TO HAVE AND TO HOID th~ abow dac?ibed and 9raM~d pr~a vnto th~ saW MORTGACEE. ib suaawn and assipns forwM. Md th~ iaid ~
MORTGAGOR ia it c .x~ dminisnarors ~nd ~ssiprn, h~nbY aowna~+b whh th~ said MORTGACEE, ib waawn ~nd ~Mipir„
rhat lt ~S lawfuly seizad of t!» wld prNna~s in fK sirnpl~s th~t th~ wm ~n fiN.. dw and d'acharp~d fro~n all li~ and ~
bwnns in law a h~4vitY, and th~* 7lt will ~nd 1t5 h~ ~hall warnnt ~nd d~fad tla titb b tlw s~ to th~ wW
MORTGI?GEE, in woasson and aaipm, f«~wr ap~kut th~ lawful daimr w+d d~m~.wds of all p~rwrrt
PROVIGED. AlWAYS th~t If tM MORTGAGOR shall p~y vnto the MWtTGAGEE th~ promiWOry ew» ha~fon davib~d +nd ~II buty. pra~tly
~nd fullr p~rforn~, dixh+r~. ~x~aA~, comPlfte, complY with ~nd abid~ by s~ch ~nd w~ry the stipul~Noro. ap~r~as, oo~tiom and aov~anta of said
prwniaory ~at~ u~d of thi~ Mort~apt, tl~ thb Mortyap~ and tM Estab hareb~r vwt~d ~11 aww and b~ nuU and void.
IT IS UNDERSTOOD th~f th~ wad "Mwtpapa° wF~Mher in th~ iugular or pl~xsl ~nywMn In this Mo~, ~hall b~ sinpular if one a~ly and
f~N~) ~~Vf~ ~1h Nld NVlfa~hl ~ RIOI~ 1~1M OfN~ Mld 1~Mt 1~M WOfd "1~1ft/" q Y/!d N1yMI~Nf~ ~II 1~11! MOf19~~ f~M~~ b! 1a~[M 10 /Mill 'rtl~~~ w~~a
a"its."' wh~rwa tM oontext w implia a ~dmHs. Abo, that wi»nvK th~n b~ r~f~r~na b tM oawnams wd ~pnemena lwr~ie aomsfn~d ~o arhr of
tM p~rtia haNO, tM san» ahall b~ oonstrwd b rt»an q vwll as tM Irks. Mp+~ npraent~tfwi, auoassors and atsiprw (~itfw~ vdum~ry by ~ct of ti»
P+~~ «~~^~+rl~ bY opaation of th~ I~w) of tM weM ~rd th+~ th~ ro~rw~anb h~r~in eoMairNd sh~ll bind and tlw bnefib and advam~p~s inur~
ro Nw n~qctiw Mirs. I~I npreserda~iws. sucas~ws ~nd a~sF~na of th~ partws bKtta
Md s~id Martpapors, for tMmwlv~s ~rd tMir Mtn. Ipa1 npr~tatiw~. suoaswn and ~ssipra, Fienby ~ointy and wwrally oo+rm~nt ~nd aa?~
ro.nd wt+h tM wtd MORTGAGEE, in woo~s.an and assipia:
1. To p~y dl and ~kg~lar tM princip+l and intKest and thi variow and nw~dry wma of moMY WY+~ bY vktw of iaid promiuar noh, a~d thi~
mortp~. ~ad~ and ~wr~?. P~ompt~Y d+ri ?MP~^~~Y tfr sanw wwr~lly Moony dw.
Z. To pqr all and ~inpular tM ta~us, awstnwnts. Itvies. I~bil(tia, oblipatiom and ~ncumbr~noa of twry mtun and kind raw an aid d~wib~d
~ p~opwh, a thd hK~aft~r may b~ impoael, wff~nd. Pland. Iwi~d, a awsad t1~~on, or th~t lw~~ftK mar b~ kvi~d or aswswd upa~ thts Morq-
~pR, a tl» Ind~bbdn~st Ncvnd hM~bp. Mch ~nd w~ry?, wMn dw ~nd p~yable, aocardinp fo larv, btfon th~y baare~ deNnqwat, ~nd btfon ury M~tua~
~ttac}rs or anr pt~+hy b incwreds ~D INSOfAR AS AN~ THER[# IS OF RKORD THE 5/1AAE SHAII bE PROAMriY SATISfIEO AND OISCFIARGEO Of
RKORD ANO TNE ORIGINAL OFFICIAL DOCUMENT (SIKM AS, fOR INSIANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER ~OFFICIALLY ENOORSED
OR CERTIFIEO) SHALL dE PLACED {N TME NAN06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER /AYMENTs and in the w~nt th~t any 1Mr~of is no1
p~id. ~at:sfi~d aid diu)wy~d uid MORTGAGEE m~y ~t ~ny time pay tM same a any put fh~rwf wNfaut wahrkip ar afhctkp anr opRon, li~n ~quih a?
•cqht wda a by virtw of tFps mo~tya~ and th~ full arnovM of ~ach and ~wry wch p+rrneM shall b~ hrwn~dia~ely dw ~nd pay~bl~ ~nd sMl1 bwr knaa~
~ ~rom tM dat~ tlwnof until paid i1 rah of nirr p~r untum pK arwiwn and topetha~ wiM wch NMw~st sh~ll be s~cur~d by tM lia~ of th:s ma~tpe.
~ ~ ~71 f~~1828
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