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HomeMy WebLinkAbout0052 ~ . I ~ ~ ?MIS INDENTURE Mad~ the s~b day of "-=.l1iQ~ _ A.C. 19~~. brjwe~n ~ Mtnu~l M~a~ do: gnd B~iu ~t~n~nd~: hi.a ~ifa of S=• W~t~~ ,~ounty florida, he~a~natttr des+_naared'.~s the "A+•ORTGAGOR,"~ and fIRST FEOERAI SAViNGS AND LOAN ASSOCIATION OF fORT.PIERCE, a corporation wqanized and ex~ii~~~g u~+e1r~ fhe laws of Ihe Umted Stat~s of Am~rica ~nd Mvir?y iri principat plats of bviwNSS in tM Ciry of fort PiMU, St. luci~ County, Fbtida, hat~nah~~ desiyuata! as rhs "MURI;aAGEE:' VYHEREAS tM MORTGAGOR is juatty indebled to tke MORTGAGfE +n th~ sum af ~QT~LQ~ good and lawful money ot the United ~ Statas adranted by tha MORiGAGEE uNO the MORiGAGOR, as e~idrnc.d by e cb~~a.r, proinlsscry note of even da~e he+ew~th, of wh~ch the followinp in wwdt and fipur~s is a Irw copY. lowit: : 10 ~ OQO . 00 r+flL.i 34q Fo+t Pierce. Florida, `Tu~ 5 '1970 iw v~fw received, 1, wt or either of us, promise fo pay, without Jefalcat~on, to ~he c~der of iIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PlERCE at fo~t Pierce, Fb~ida, the sum of = 10~~~~ w~ih ir.reresl fron. date at the ?ate o1~t~°'o per annum, in monthly install- ments as follows: = 95• ~ o~ the day of _~ul-_V 19- .~Q_ and a 11ke sum on the correspondmg day of each month thtre- after until ths whole be fully pa~d. . Eath installment fint shall be app~ied in payment of the interest and ~hen o~ rue ~npa:d ba)ance of the princ~pal sum. If default is made in fhe paymenf of any installmenl wFun due, and such defautt to~tin~es 30 days, then at fhe opt~cn of the holder; and witnout any other notice, al) Ihe remaining insNllmeott shalt be due and payable at o~~ce. Priv~lege is given to prepay th:s note in whole or in part at any t;me without penalty. Neither forebearanee, nor atceplance by the holder thereof after any default in any payments hereon, shall ue deemed exr~nsion. A late paymant char9e of s4 • 75 shall be added fo tach insta~~ment remainir~g unpaid 7 days after its due date, .nd a I~Ke sw~z aha!i ne added to each such mstaifinero remaini~q unpaid 7 days aher each sutceeding payrt+ent date. ~ :~.~k.r; suretv and endorser hareof, joiNly and severaS~y, ~va~ves i~Bmand, p+eSenhneM protes~ and norice of protest iw nonpayment, and furthet agrses to any e:tension of time of payment, either belofe w attec maturity, w~ti~out ne~:ce to an~ of ~z; and to pay a!f casts of collection, including a reasonabk attoroey i fee in tfie event of airy default hereunder, and her.:by :evr~~lly nai.es ail ter,ef;i of homes~a~d and ex~mp9ion unde~ the tonstifvfion and laws of each S1ate of the United 5tates, as a9u~nst this obtigation.or ar+y exrens~o++ or renewal hereaf. ~tness tl~e hand and ~al o~ each parry. /s/~Manuel Meaendez ~AU . , • (SewU , ' . T~/ Sloina MenendQZ ~ ~ ) Stats Reven~re ~ 1~~~~'~G) ~ NOW, 7HEREfORE, the MORTGAGOR for rhe purpose of securing payment of s~id sum of S-1O~~0~~ , and the performa~ce of ths i cown~nb and agreeme~ts hereina(ter expressed, and for divers good and valvabie coeuiderations, by these presents, does grant, bargain; sell, rem~se, release, coovey and confi~m unta the MORTGAGEE, its successo?s and au~gns, all that certain bt, piece u parcd of land, situste, lying, and being in ths Cpmfy of St .~.1lCi~ , and State of floreda, desaibed +s follows: Lot 5 and thQ West 15 fe~t of Lot 4~ Block l~ SABAL PALM SUBDIVISION, as per plat thereof recordQd in Plat Book 10, pa9e 16, Public Reoords of St. I.ucie County, Flozidn,~/~ F . . aJ~O~H ~ IN PA': H w _ _ . ~ ~ 'C Ih7AlYGlBLE ~ OF Ti~~ ~ . 5~t l~-~ 1~ eF F- L l! j LU ~'~%ANi TO CFiJlprR 20724, PRO ~ DOCUMENT~l~~ ~ RQG~R POI~p ~S oF 19~L~~ ~ Z = •STr~ ~~7P ~ A Y Clerk Circ i~ ~ - " ABent f OANI~I ° Court o _~--8'7p ~ y:. u ~ ~ ~ or r N. y ~ ~ 1NPpROLIER ~ 5 0 St L,u~ ~W;~, T~ Colledor ~ 1R B. 0134 a•• - ~ ~ ---~.._R . ~F(In Q~ ~ i toyeth~r with all snd sing~lar the fenemeofs, hereditammts and appurtarK~s thereuMO belonging w in anywise appchaioirg thereto, ~nd ~II re~ts, iswes, proteeds u?d profits atcruing and to accrue from said premises, all of which are inctuded in the above end fwegoing dewiption and Mbendum. TO HAVE AND TO HOLO the sbove deuribed and granted prem~ses umo the said MORTGAGEE, its successon and auigns fwever. Md tM ssid ' , their ~ MORTGAGOR for - heirs, executors, administrators and assigns, hereby covenants with 1F+e ssid NWRTGAGEf, its successors and astipm, tMt t~V ~e lawfully seized of the said premises in fee simple; that the tame are free, clear and discharged fram a!1 liens and ~ncum- ' branc~s in iaw a in eqvity, and that t~y_ will and th63= hein shall warrant and defend fhs title to the sam~ to th~ s~id # Moarcae~e, in successo?s and assigns, forever against the lawful claims and demands of sll perso~s; PROVIDED, ALWAYS thst if the MORTGAGOR shsll pay uMO the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly and fully perfwm, discl~arge, execute, compkte, comply with and abide by each and every the stipulations, agreements, conditiau and cawen~nri of uid i- promiuwy nofe and of this Mortgagc, then this Mortgage and the Es~ate hereby created shall cesse and be ~ull and void. IT !5 UNOERS100D thsf the word "Morlgaqw" whether in the singular or plural anywhrre in this Mortgsge, shall be sinpulst if one only ~od •hall be plural 'pintly and severally if mwe than one, snd that the word "their" as ~sed anywhere in th~s Mortgage shatl be taken to mean "his," "hen;' w'its," whereve? the ca~text so impties or admirs. Also, thst wherever there is a reference in the covenanri and agreemnnts herein contained to any of the p~rties hsrsto, the ssme shall be construed to mean as well as the heirs, legal repreuntatives, succeswrs and suigns (either voluntsry by acf of th~ partiss or involuMary by optration of the law) of the same and that the covena~ts herein comained shatl bind and fhe benefits and dvaotayes irwrs . to ihe ~eip~dive heirs, I~gil rrpresentatives, wueuors and ass°gns of the parties hereto. Md said Mortgsgors, for tlxmselves ar?d their hein, legal repreuntativa, s~ccessors snd auigns, hereby jantly and severally tovensnt and apne i ~o and with the said MORTGAGEE, in svccessors and auigru: E 1. To pay dl and singular the principal and interest and the various and su~dry sums of money payable by viHue of said promiuwy note, u~d thq ; morfyaye. ead~ ~nd ewry, promptly on the days respectivefy the same severally become d~?e. ~ i 2. To psy all ~nd sirgulu the taxes, ~ssessments, levies, Iisbilir;es, obligations snd erxumbrances of every nature and ki~+d raw on iaid dew~ad ~ propKty, a that he~eafter may be impoad, wffe?ed, plsced. Iev~ed, or assessed thereon, w thst hereafter may be levied a asses~ed upon ihb Mort¢ : pe, or tM jndebtedness secured 1ro~eby, exh and every. when due and payable, xcordin~ to law, befwe they become dclirquent, and befor~ any int~rat ? attathes or na n int~ned; AND INSOFAR AS ANY THEREOF IS Of RKOR~ iHE SAME SHAII BE PROMPiIY SATISFIEO ANd DfSCHARGED OF ' +~Y P~ hY ~ RKORD ANO THE ORICa1NAL OFFIClAL DOCUMENT (SUCFI A5, FOR lMSTANCE, THE 1AX RFCEIPT OR THE SATISFACTION PAPER OfFIC1AUY ENDORSED OR CERTIfIED) SHAII BE PUU_D IN THE MAN~S OF SAIO AhORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYlAENT; snd in the event tMt any fhereof b ewt paid, sat'sfied and diuharged sa:d MORTGAGEE may at any ti~se pay the same or any part lhereol withotrt waiving or affecrinp any option, lian, equity or _ : Nqht under or by virtve of- this mortQage and the full amovnt of each snd every svch payment abal{ be immediately due and psyable and sh~ll bear iMtrtst ~ ~rpn the daft the~eof ~ntit psid at rate of nine per centum per an~um sne~taeet~r~q~h sP~hr~ terest}~I~ be secured by th! lien of th:s mor~ta~e. 600K Zvv uz vv ~ - r=~-- .:R~ - - ~