HomeMy WebLinkAbout0354Tests INDENTURE. Msds tlw 28th ~y of July - AA 19.69. between
J. Blwood 9wvers and MarQw>ret R s.v~, his trot.
~~ of t . Luc e ~ County F'arida. hareirtafter de,ignated as tM "MORTGAGOR,° and fIRST FEDERAL Sl-31N(~ AND LOAN
'~ ASSOCIATION OF FORT PIERCE, a arpaation orgaafasd and exkting undo tM laws of tM United States of Amaria -and Mvtng hs principal plan of
business M tM City of Fort Pierce, St. Lucie Cowry, florldar lweinaftar designated as tM "MORTGAGEE:'
;~ 12 000.00
WHEREAS tM MORTGAGOR is jwtly indebted ro tM MORTGAGEE in the sum of ~ s .good and lawful ntawy of tM United
States advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by a certain promissory hots of even date Mrwritfy of which the followin0 M
words and figures is a tars copy, to-wit: f~ 15, 850
~~12,000.00 .
Foy PsKa, p«y~ July 28 t9~~
F« valve received, I, wt « either of us, promise ro pay, without defalcation, to tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Piero, Florida, 1M tom of i 12 a ~~ • ~ with interest from data at tM rats of7.75 9L pa annum, In monthly lntall-
menh a• follows: S 99 • ~ on tM ~_ day of SQDtesbeY _ 19~_ and a lib sum on tM corresponding day of each month there-
after until tM wlale be fully paid.
Each installment first shall be applied in payment of tM interest and then on the unpaid balance of tM principal sum. If dtfauh le made in tM
payment of any installment when dw, and such defauh conCuwes 30 days, then at tM opt'an of tM holder, and without any otMr notice, all tM remaining
ir-stallments sMll be dw and payable at once. Privilege is given ro prepay this rats in whole « in part at any limo without penahy. Neither forebearana,
nw acceptance by tM holder tMreof after any defauh in any payments hereon, sMll be dear-ed exteruton. A late payment charge of s 4.95 shelf be
added to sack installment remaining unpaid 7 days aher its dw date, and a like sum shall be added fo each such installment remainirp unpaid 7 days after
each wceeedirg payment date.
Each maker, wrery and endorser hereof, loimly and ssveralty, waives demand, presentment protest srd ratite of protest foI nonpayment, and fvnlltM
ogresses ro any extension of time of payment, either befws a after mawriry, without notice to any of us; and to pay all costs of collection, tncludirq e
reasonable attorney i fee in the event of any defauh hereunder, and Mreby severalty waives ail benefit of homestead and exemption under tM conNtuliors
and laws of each State of the United States, ss against this obligatan « any extension or renewal Mreof.
Witness tM hard .and seal of each party.
/s/ J. Blwood Swyers t~
(SEI-U
/s/ Margaret R. 9wyers csEAU
l'~-U
r 18.00 - Slats Revenw
(Stamps cancelled an original note) 12,000.00
NOW, 1HEREFORE, tM MORTGAGOR f« tM purpose of securing payment of said sum of = .and tM Perf«mance of /M
covenants and agreements here6»her expressed, and for divers good and valwbM consideratans, by these presents. does grant bargain, sell, remise.
release, eortvey and confirm unro tM MORTGAGEE, its woassors and ssstgns, all that certain lot, pica « parcel of land, sitwte, lying. and being in the
County of St. Lucie and State of Fbrida, dewibed ss follows:
Lot 11, Block 43 - RIVBR PARK SUBDIVISION - UNIT ice. 5,
as per plat thezeof on file in Plat Book 11, page 31,
Public Recozda of St. Lucie County, Rlorida,f
~ ~~~l;+I :-_~~ l-LUFti:~f~
c~ ~ DOCUMENTra.~ E S~iaMP 'i AX
c~ ~V00.
f- = „:•
(!! U CCVPTROLLER
RECC!:'EC S ~/w~
Pi'F:3i.A+7 iC ::~F~::,. :.`7r ',C S~^sU1t _
as Agent fir C.:;,lLL ~~. ~;;; :::.Ea, JR
~~ iu~is ~vr. 7ax Cciiector
. DfPiJTY CLERK
together with all and singular tM tenements, hereditamants and appwtances thereunto belonging « in anywise appertaining thereto, and all reins, issuee,
proceeds and profits acwtrg and ro accrw from said premises. all of which an irtduded in tM above and f«goirg description and Mbertdwn.
TO HAVE AND TO HOLD tM above described and grained premises unto tM said MORTGAGEE, its woaswrs and assign forever. And file aald
MORTGAGOR f« their -Min, executors, adminatratas and assign, hereby covenanb with tM said MORTGAGEE. its weavers and assign,
tMt they are lawfully seized of tM aid prsmaes le fee simple; that tM same an free, clear and disdurged from all liens and artnrno-
branas in law « in equity, and tM* theY will and their Min atoll wsrrant and defend tM title ro tM ems to Hte said
MORTGAGEE, its sucosssors and assigns, forever againt tM lawful claims and demands of all parsons;
PROVIDED, ALWAYS that if tM MORTGAGOR atoll pay unro tM MORTGAGEE tM promissory note hsriu-befon described and sMll truly, promptly
and fully pert«m, discMrge. •xecwe, compote, comPlY with and sbide by each and wery the stipubtions, agreements, conditions and eovenanM of aid
promissory note and of this Mortgage, store this Mortgage and tM Estate hereby escorted sMll csase and be null and void.
IT IS UNDERSTOOD that tM word "Mortgagor" whether in tM singular « plural anywhere h this Morpage, shall Ise singular ff one only and
sMll Ise plural jointly and aewrally H coon than one, and that tM wad "t Mir" as wed anywMre in this Mortgage sMll be taken b mean "his," '"Mrs,"
a "its," wlterewr tM context w implies « admits. Abo, that wherever then is a refarerra in tM cownanM anti apreerrtents herein oomained to any of
tM parties hereto, tM same atoll be construed ro mean as well as tM Mire. Isgal nprtsentathra, strocesson and assigns (either volrrMary bl- act of tM
parties « involuntary by operation of tM law) of tFre same and that tM coverranM herein contained sf+all birref and tM benefits and advantages Yttrre
to tM rapecthne Mfrs, legal representatives; straesson and asi~gru of tM parties Meta
And aid Allorpagors, f« tlwmselves and tMir twin, legal representatives, wocesson and asign, hereby (oirttly and aewrally covenant anti agree
a and with tM aid MORTGAGEE. its wocesson and assign:
1. To pay all and singular tM principal and interest and tiw varian and sundry sums of money payable by vkfrre of aW praerirsa«y rtoN, and this
mortgage, each and every, prompty on tM days respectively tM sanw severally become dw.
Z To pay ell and singular tM taxes. asassnwnts, levees, liabilities, obligation and encwnbranas of awry rtahrre and kMtd now on aid dMaibed
property, « that Iwreafbr may be Ynpwed, suffered, Placed, levied, « assessed tMreon, « that hereafter may be levied « asassed upon this Mortg~
age. « tM M+debbdnwss seewed Frersby, each and awry, wMn dw and payable, according ro law, bef«e they octane ddingwM, and before any Mnena
attaclws « any penalty le irxwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL dE PROMPTLY SATISf1ED AND DISCHARGED OF
RKORD AND THE ORIGINAL OFFICIAL DOCt11MEN1' (Si)CH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED
OR CERTIFIED) SNAIL DE PLACED IN THE H/1ND6 Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; anti in tM event that any 1Mreof Ts not
paid, atsfted anti discharged a:d MORTGAGEE may at erty time P+Y tM •+^w « any part tlwreof without waiving « affecting any option, lien, equity «
.tqM order « by virtw of the mortgage and tM full amount of each and every such p.ynwnt atoll tw irrrnediately dw anti payable and shall bear interest
hom tM date tiwrsof until paid at rate of nine per csntum per arvwm and togettwr with such interest shall be secwed by tM lien of th:s morgtage.
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