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HomeMy WebLinkAbout1638 _ 18~~~5 ~ TNlS INDENiURf, Mad~ the 3rd ~ pf pecc:mber ,/?.D. 19~., between i To~y C. Thomp~on and S~aron L. Thorapson. his «ife of _ S't. I.L1C1@ ~ Cpy~~y florida, hK~inaNa.dtagnat~d ~s tM "MORTGAGOR;' and FIQST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCQ ~ cwpor~tan oryanized and ~zisrinp undK tlw bwt of tFN Un;t~d Sat~s of Amaiu .nd havinp In princ~pal ptac. of busi~»ss in tM Ci1y of fwt PiKU, Sf. luci~ Covmy. Florida, I+K~inafter datpnat~d ~s tF» "MORTGACaEE." WHEREAS tM MORTGAGOR is jwtly ie~br~d to th~ JNORTGAGEE in tM sum of = 16~ 8~ • O0 ~pood and I~M,ful money ot the Unfted States advanced by tM MORTGAGEE ~n~o tM MORTGAGOR, ~s evidenced by a c~nain prom:ssory nats of even date herewith, of whlch the folluwirg in wwds and fiyvrq Is • t~w coPY, to-wit: t 1~ I6.078 . ; . ~ P~«, ~;d,, Decembcr 3 19 69 ' 1 For vslue received, 1, we p titMr of us, promi~ to p~y, witFw~t def~lcation, to the order of FIRST fEDERAI SAVINGS ANO LOAN ASSOCIATiON OF FORT PIERCE at Fort Pierce, Florida, the t~m of = 16 with interest from date at the rate of 8•~9G per ~nnum, in monthly install- rT,ents u follows: = 141 •C~ o~ t1~e ~Sth d+y of ~farch ~9 7O ~nd s like svm on the correspad~nq day of exh month thsre- af?ea until the whole be fully p~id. Each installment first ihall be ipplied in payment of tM inte~eat ~nd then pn the unpaid bslu+ce of ths principal tum, if default is made in the payment of any ir?itallment when due, a~d such defauh continws 30 days, then at the option of the hotder, and without any othef notice, all the remaininp ~nstailme~ts shaN be due and payabt~ at axs. Privileg~ ~s piven to prepay this note in whob w in parl st ~ny time without pen~Ny. Neither forebearante, ~ nw acceptance by the holder thereof after any defauit ki any payments hereon, ahafl be deemed extension. A iste psyment tharqe of = 7•OS., shdl be added to each ins~allment rr.nainirg unpaid 7 days aftK iri dw dats, a~d a like tum sball b~ ~dded to each such instaliment ~emaining unpaid 7 days aher eacA succ~edir?y payment date. Each maksr, wrery and erxlwser herwf, jointly and severally, waives demsnd, prexntmeM protest and notice of protest for nonpayment, a~d further agrees to any extensiwi of time of paymcnt, either bsfae w aher maturify, without ~otice to any of us; and ro pay ail costs of collection, includinQ a reasonable attwney's fee in tM event of sny default herevnde~, and he~aby seversUy waives all benefit of homestead and exempfion under the constitution and laws of each State of the United States, as agsin~t this oblipation or sny extension w rcnewal I+creof. Witness the Mnd and seal of each party. . 1s/ Toiamy C . Thompson ~q cs~?u /s/ Sharon L. Thompson ~y ~ ( 2 S_ 20 ) Stat~ Revenw ~U ~ (Stampa ta~ctlled on oriyinal note) N()W. THEREFORE. the MORTGAGOR fw th~ pvrpose of secvri lb 8~ ~ , ~nd ths perfonr~ance of ths ~ rg payment of satd wm of = ~ • covenanb and agraements hereinafter ~xpreued, ~nd fw diven yood and wlwbl~ tw~sideratipa, by thes~ presents, does ynnt, barpain, sell, ~emiie, + release, cw~wy and confirm unto tM MORTGAGEE, its wccessors ~nd assigns, ~0 that catain bt, piect or puuf of iand, sitwte, lying, ard beiny in the ~~~M S t. L uc ie u+d State of Ftorid~, dascrib~d u foltows: , x ~ -Lot 4, Block 21, Ft. Pierce 8each S/b, accordin~~ to a Revised Plat thereof of Blocks 17, 21 and 22 of FORT PIE:2CB BEACH SUBDIVISION, as per plat thereof . _ on file in Plat Book 10, Page 12,of the Public Records of St. Lucie County, Florida, - RECEIVED G IN PA'.'tlENT OF TAl(ES c~ 5 1~YI~ r' t-- U h y~"'' ~E ON CiASS 'C' INTI4YGIBLE PEP.S; NAL PROPERiY. DOCUMENTA~" S~AM_____P?Q'~ ' ~'~F'S%ANT TQ ~;N~PT'R 20724, AC~S OF 1531. ~ t- ROG~R POI; E~S, Cterk Circuit CoUrt 3~ = cECia69 2 5 r o = ~ Q= at ACer.t f~r DANI~I N. KhttW~.ES, JR v~i ° cekataouEa ~o~ St Luue Cou~.ty Tax CoNector i9s~as - ey c ~PUiY CLERK ropetl+N with sl) sad sirgular tM tenen?entt, hered'd~rrantt ard appwtances tMrwnto betwgirg a in ~nywis~ ~ppbt~ieinp thereto, +nd all rMb, issu~s, proceeds and profi» +ccruirg ~nd to ~ccnre from wid pr~enises, all of whid~ ~re indudd in tM sbov~ ~nd forpokg d~scriptia+ and h+bMdum. TO HAVE AND TO HO~~ ths sbow describ~d sed yr~nhd premis~s unto tM aaW MORTGAGEF, its wccsssors and auipro for~vK. Md th~ said MORTGAGOR fo~ their Fwin. exacuton, administraton and auiy% hereby cov~nsnt~ with fht pid MORTGAGEE, ita waeswn ud ~~si~pp, rhat t~.v axe l,wful sa:.d of rM s+id ly pr~miWS in fN simples tMt th~ sam~ ~re frN, clNr arrd d'ach~rped hom ~II liens and encum- brsncea in I~w w in ~qvity. ~nd tha+ they ~11 ~ thei r hein dull wursm aod defend t}w tNl~ w th~ s+rtw to th~ s~W MORTGAGEE, hs svaessw~ snd assiqro, fwavN aps&ist th~ lawful daims ~nd damands of ~!I pe~swni PROVIDED, ALWAYS that if tF~ MORTGAGOR shdl p~y wiM tiN MORTGAGEE tM promiswry rate fwr~inb~fort daaibed and ~all truly, p?amptly and fuNy pe~fwm. discMrp~, ~x~cut~, complet~, complY with and abide by ~ach a~d ~vay the stipulstions. ~preemenb, conditiau and covManb of said promissory not~ aod of this Mort~spe, tMt~ thit Matp~e and tM btat~ htr~by a~at~d ahall aas~ and b~ oull a~d void, IT IS UNDERSTOOD ihat the wwd "Mwtqapor" whether in ths sirgular a plvr~l ~nywhar~ in this ARortpays, shall M dnp~lar N on~ anly snd shitl bs plwa! (ointfy arwl uwr~Ny if mor~ tlwn on~, and tFwt tF» word "their'~ a wed anywlnr• in rha Mwtqap. sh.ll b~ uk.n ro m..n "his,'• •'hen•• w"in:' whereva tlw tontext w implies a admiss. Al~o, that wF»rever then n ~ r~fa~noe in tM toven~nts and ~reaments her~in cont+ined ro ury of the puti~s h~reto, tlw same sfull b~ constr~ed ro m~an as w~tl u tM Iwirs, lpal repressnqtives, s+uc~awn and assiy?a (~tMr voluntuy by ast of th~ partiea a involuntsry by oprration of tFw lawj of tht sam~ and that the cov~nb i~rein contained shall bind and Hw b~~fi» and ~dvantaya lrwr~ so ths nspectiw hein. Ipal nprese~t~tiv~s, wcqs~ws and ass%qns of tM partie~ lwreto. Md ~id Morq~yors, fw th~ms~lws ar+d tMk Min, bysl rep~~tent~tiva, succ~uors and auipm, her~by jointfy a~d fev~ally covsn~nt a,+d ayr~e ?o ~nd witb tFk ssid MORTGAGEE, ib s~ocnson and atsiyro: 1. To pay all ud sirgvlK tF» princip~l and im~r~st ~nd tM vario~rs and su~dry tums of mo~ey paYabl~ by v1Aw of ~sid promiasay not~, and N~is n+wt~~pt. ~acb and evKy. PromPtly on tlw days nap~etively tlr s~rrN Nwr~lly b~coen~ dw. 4. To p~y ~II a~nd wgul~r tM taxa, ass~ssrMnn. (~vtes, li~bilities, oblip~tiau and enoumbranps of wery natur~ and k&~d now on said daaibd v~~h. a tl~at MreaN~r m~Y b* imPa~d, avff~nd. P~+cad. Iwi~d, a ~twas~d tF~~on, w that her~aHN may b~ Iwied a asesud upon tF~b Morfp~ a9~, w tM ird~bt~dnea s~cwed Mreby, exh and wMr, wMn due aod p~yabl~, accordinp to law, b~fon th~y bscan~ d~lin9ua+t, and b~fon a~ryr im~na attaches w uryr ptnalty i~ incv~red; AND INSOFAR AS ANY THERfOF IS Of RKORD THE SAME SHAII SE PROMPTIY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT fSIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SI1715FACTION PAPER OFFICIALIY ENDORSEO OR CER?IfIED) SHAII dE PIACED IN 1HE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NfXT /tFifR PAYMFNT; end in tM evertt tl~at ~ny ths~~of is na psid, sat'sfied and dixharped iaid MORTGAGEE may at a~y tirn~ p~r the same p ~ny p~n thereof without w~iviny or +ffectirg a~ry optqn, lian, e~p~iry or •~ahs under or by virtue of thit morty~ and th~ fvll amo~rnt of e+ch ~nd ~very wd~ payment shall b~ irrrnediat~ly due ~nd payable and ~hall bsar ime~~st ~rom the d~te thtreof u~til paid ~t r~ft of nirH ptr centum p~r annum and toptth~r witl~ s~ch int~rpt ihall be ~ecured by tM lien of th:s morytpt. BaaK~81 PA~f16~~ > . _ _ . _ - - ~