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HomeMy WebLinkAbout0975 1862~2 ~ THIS INDENTURE, Mad~ th~ 25th d~y of ~ve~e! A.D. 19 69 " between ~ R. B. Lindsey and Opal S. Lindsev ~ his wife _ 1° of ~ C e Carnty flwid~, herain+(tN ds~~q~+ted ai ths "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS AND LOAN ASSOCIA?ION OF FORT PIERCE, ~ corporation wp~nized +nd exiatinQ uode~ th~ laws of tM Unit~d Sut~s of America ~nd having ib principal pl~ce of " busineu in ~he Ciy of foA Pi~ra, St. luci~ Covnty, Flaida, I~enin~ft~r ds~ipn+t~d u tM "MORTGAGEE." 11 s 7~~ ~ ~nd lawful money oi the Un~ted i WHEREAS th~ MORTGAGOR is jwtly ind~bt~d ro tl+~ MORTGAGEE in tM sum of i good ~ States advanced by 1M MORTGAGEE unto the MORTGAGOR. as evidenced by a certain promis~ory note of evcn date hercwith, of wh~ch the fo{lowing in words ~~d f' ures is s trve copy, to-wit: s 11~70~.00 ~ 16 O68 ~ P~s. Novembez 25 19 69 ~ Fw value received, I, we a either of us, promise to pay, without defalcation, to the order of FIRST FE~ERAI SAVINGS AND IOAM ASSOCIATION OF ~ FORT PIERCE al Fort Pierce, Florida, the sum of = 11~7~• with interest from date at the rate of ~5% per annum, in monthly install- menrs as follows: S 1~• ~ o~ ths lSt~y of March 19~_ and a like sum on the corrosponding day of each month there- ~ afrer until the whole be fully psid. Each installmcnt first shall be applied in payment of the interest ~nd than on the unpaid bal~nce of the principal sum. If default is made in the F ayment of ~ny installment when d~e, and such defauh continues 30 daya, then at the option of the holdcr, and w~thout any other noticerall ~h~semainin9 , ~ns~a~lments shall be due and payabk st once. Privilege is ~iver? ro prepay this nota in whole w in pa?t at any t~me withoul penalty. Neith~~ fwebearsnce, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of ~$•0O shsll be added to each installment remaining unpaid 7 days after iri dua dafe, and a like sum shall be added to esch such installme~t remaining unpaid 7 days after . ~ each sucteeding payrt+ent dste. , ~ Each maker, wrety and endorxr hereof, jointly and severally, w+iva demand, prexntment protest and notice of p~orest for nonpayment, and further ~ agrees to any extension of time of payment, either before o~ aftct maturity, without notice to any of us; and to pay all costs oi coltect~on, includ3ng a ~ reasonable anwney's fee in the event of a~y defavlt herevnder, and hereby severally waives all benefit of homestead and exemption under the constitutio~ and lavrs of each State of the Unitcd States, as against this obligation a aay extension or renewal hereof. Witness the hand and sest of esch party. ~ /s/ R. E. Lindsey ~A~~ ~ (SEAI) /s/ Opal S. Lindsey ~ (s~?U ~ 17 ~ 55 ~ Stat~ Revenw i5ramps uncelled on wiyinal note) 11 7~• ~ NOW, iHEREFORE, the MORTGAGOR fw the purpose of securing p~yment of uid sum of s ~ ~nd the performance of ths covenants ~nd sgreeme~ts herei~after expreued, and for diven yood and v~l~abb consider+tio~s, by these presents, dxs gr~nt, bargain, se11, remise, release, convey ~nd confirm unto the MORTGAGEE, iri succeuas and aui9ns, all that cert~in lot, piece or pucel of I~nd, situate, lyi~g, and being in the } $t. LLiCl@ ' County of and Stat~ of F{orida, dewibed u follaws: ; The East 105 feet of the West 423 feet of S 1/2 of SW 1/4 of NW 1/4 of SE 1/4 of Section 19, Township 35 South~ Rang¢ 40 East, less South 33 feet for road right~of-way, ~ ~ r _ ~ : # i ~ : 3 ~G ~ ~ RECENED S~ )t~ PAY!!1EHT 0~ TAYES r DUE ON CLASS 'C' INTAlVG3BLE PE^n4CNAl PI20PERTf, " ~ PURS~Ah7 i0 CHAPTER 20720, ACT; OF 1941. W r ~ ! 5 I/~? I~ vF r L'U 1-t i!~.-~ ~ ; RGGER POIiF;~S, Clerk Urcuit Cou~t c~ ~ DOCUMEtJTA.~~_,STAN~P T^:C t t 8s Agent fot CAhifl N. KNOWLFS, JR = DEC-~'69 = ` = 2.-~~ I 7 5 5= ~ ~t 1.ucie Coanty 7ax Cotlector = ^ - .~r~ tn U CON:?TRQLLER v""' ~ ~ /G ~a~t.cLr~- P9.~~~~as ~es.~~ , ~ DEPU11f CLERK ~ - ~ ~ ~ rogether with all u~d sing~+lar tFw tenements, heredit~menn +nd ~ppurtances thereunto betaginp w in ~nywise ~ppert~inirg thereto, utd all re~q, iuues, pr«ceds ~nd profin ~aruirg snd to accrw from said premi~es, +II of wFirch aro uxluJed in the above a~d foreQoinp descriptan ~nd Mbendum. . ` TO HAVE AND {~F~ the ~bow described and 9ranted premises vnto the wid MORTGAGEE, its wocessors and assipns forever. Md t!w ~+id ; r MORTGq~p R fw hein, ezecuton, administraton and assign~, hercby oover?anri with the said MORTGAGfE, iri suaessors and ~uiprn, E ~ th@}/ a=@ ~ ~ rhat I~wfully ~eized of tFr said prema~s in ft~ simple; tMt th~ s+m~ u~ hM, clNr and disch+r~ed from all I'eens u~d ~ncver ~ brances in law w tn eq~ity, and ths* they will and their hein shall warr~nt and defend the title to tM ssme to the s+id ~ MORTGAGEE, ib succeuors and assiyns, forever ~ysimf tM lawfvl claims and demai+ds of all pe~wro; " PROVIQED, AIWAYS tMt if the MORTGAGOR shall pey ~nto tM IIhORTGACsEE th~ promisso~ry note hertinbefwe desaibed and ahall Nttly, promptly ~ and fully perfam, ditcMrye, e:acute, compl~te, comply with and abide by each ~nd ~very ths stipulations, s~reements, cond+Yaro and covenanh of said = promissory not~ snd of this Mortpape, then this Mwtg~ye and the Esate hsr~by veaMd thall u~s~ u~d be null snd void• IT IS UW~ERSTOOD th~t ths word "Mortysya" whether in tFw ainpular w plwal ~nywher~ in this Mwt9sye, shall be sinpulu if on~ only and f shall be plwal jointly and s~ver~lly if ma~ th~~ or?~. ~nd tMt the word "the'v" ~t ~ned anywhen in tha Nlat9sqe sMll be t~ken to me+n "his;' "hers;' f w"in;' wherever the context w impliet w admits. Also, thst whtrev~r there is a reference in tM coven~nn and apreemenn hercin contained to any of • the parties hereto, the s+rne shall b~ corotnxd to mean ~s well ~s tF» Min, Ipal npresentative~, suatsson and ~uipra (eitf~er volunt+ry by ac1 of tl» ~ parties a irwduntary by op~ration of tl+e I~w) of the sam~ and th~t rhe cwenu+n hsrei~ cont•ined sh+ll bind •nd ihe benefin and .dvnrayes inw~ ro the respective hein, Ipal represent~tives, wcceswn a~d us~yrn of tFn partia h~reto. qnd said IY~ort9~gon, for themselv~s snd their hsirs. Is9a1 rtpresent~tives, s~aeswn and aui~ns, hereby joimly and ievaally covenam snd apree ~o and with tM said MORTGAGEE, iri svccesson ud augm: 1. To pay all and sinpvlu tF~e principsl and interest ~nd ths var'aw and wndry wms of morKy paYable by vinue of said promissory not~, and this mortyaye. ~ach and ~wry. promptly on th~ days r~spectively th~ ~am~ ~v~r~fly becorrw due. y:; 2. To pay all ~nd sirgular th~ taxa. ~ueum~an. Iwies. Wbilir'ies, obli~aPam Md eocvmbr~nus of wery n+tur~ and kind now on said dewibed property, or tMt hs~eaAa may be impo~ed, suffeted. P~aad. {wied, a awessed theraon, a tMt hereaher m~y b~ levied a auetsed vpon thia Morq- ~ age, or tFK Irdebtedneu ucvred her~by. ~+d~ ~nd ~very, wlwo dw and payabl~, aocordinp w law, betw~ they becom~ delirpvem. ~nd btfw~ any int~rest attathes w any per?alty is intvrred; ANO INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII 6E PROMPTIY SAi15F1ED AND DISCHARGED OF ~i RECORD AND iHE ORICsINAI OFFICIAL DOCUMENT (SIKH A:r, FOR INSTANCE, THE TAX RKEIPT OR tHE SATISFACTION PMER OifIGIAIIY ENDORSED s~ OR CERTIFIED) SHAII dE VLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1fTER PAYMENT; and in the event th~t ~ny thereof is not ~ paid, sat'sfied u~d dischxged t+:d MORTGAGEE may at any time pay th~ tame w~nr part thereof without waivinp w affectinp ~ny option, (ien, eq~ity or - ~~qht vnder or by virtue of this mortgaye and the f~ll amount of each and every such payment sMll be immediately dve and payabk and shafl be+r intersst ~.om the date thereof ~ntil paid st rate of nine per centum per a ether w~th such interest shall be ucwed by the lien of th's morytpe. ~ V ~ - _ _ _ ~ . _ - T~ ~.da _ _ ? _~_.~s ~