HomeMy WebLinkAbout0476 l !
~:~g i
Tii~S INDCNTURE. Made the day of `~p~~~r A.O. 19~~, bcrween
_ William Jackson Caviness and Frankie I. Caviness,~s wife
of St. uCi@ County Florida, heremai~er de~~gnated as the "MORTGAGOR," a~d FIRST FEDERA~ SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a corpora:~on oryanized and ex~snng under ~he laws o( the United Sfataf of America and having its principa! plue of
b~sineu i~ the Ciy oF fort PiQrce, St. lucie County, Fto~ids, hrreinafter designa~ed as tha "MORiGAGEE."
WHfREAS the MORTGAGOR is ~ustly indebted t.~ the MORTGAGfE in the sum of 56~~~`~ good arxl lawful money o1 the UnYed
Srates advsnced by the MORiGAGEE ~~~+o the MO~tfi;AGOR, as ev~d.:~+c:d by a ceria~n prom~sswy note of eYen date he~ew~th, o~ wh:ch ttu fo{lowi:ig in
ds and fi ures is a true copy, to-wiR
~~i,300.~0 3-16~54~
fort Pierce, Ftw~da, ~Ptember ~ ~q~
Fw va~ue received, I, we w e~ther of us, promL,se to pay, v~ithou~ defalcat~on, to the eider of FIRSi FEDERAI. $AVINGS IlND Ii~AN ASSOCIATION OF
FORT PIEQCE at Fort Pierce, Fto~id3, the sum of f_v_!~~!~ w~th ~nrerest frcm da:e at the rate ofv• r~ ;o per annum, in ruonlhty instatl-
~••ents as foI!owi: S1 on the _1 !~'h day of NOV@m~@r 19 TO and a l;ke :u~r, o~ the conespond~ng day of each mo~1h there-
~'ier ~ntil the whole be f~iiy pa~d.
Each insratiment firat shaN be app%~ad ~n , a~m,~nt of thr interesr ar.d then cn the u~~pa!d baiar~ce of ~he pr;nc:pal sum. If default ia made in the
s~inant of any ~nslaliment when due, and such detau'.t ceniirwri 30 d+ys, thr~ at the opr~on ot the ~o,der, and witho~t any other ru~tice, ali fhe remai~ing ~
,~~stallments shafl be d~e and payab'e at uncr. i'r,~,:e~e is ~~.rn to prepay t}i;s nore in :~~ole or in ~~art a2 any t~c~e without penalty. NLeither~+{orebedrancs,
r~.or acteptance by 1he holder thereof altrr any deFault m a~y uaym~nts hereun, sha1: oe dre:red ex;ens.on. A ta+e payment chargw of ~v~Z-.~ shaH be
:dded to each ins~aihnzr~t remain~ng unpa,d 7 days atter its d~e date, and a:.Ae s~m nhall lk ~d~ed to ea,h such ~nsral'mNn/ temaining unpaid T dsys after
r.i.h s~cceedirx~ payn:em da~r.
Each maker, surety ond endarser hrreof, ~o~nriy and s~:v~reily, wa~ves dr:-~and. p•esent~>~, n• prots~st a•~d ~ot~ie of pr~test for nonpayrnent, and further
ag~ees to any tste~s~on of t;n:e of paymen~, cither b_forc or ai:rr inaturrty, w~ihout ror:ce to .+n~ pf us, and to ~~ay aH costs of co'lecrion, incl~d~ng a
r~•.,sonab~e attorneY"s fc-z in the e:cn~ of any cialev't here.:~~de~. 3nd "nereby severa(~y ma~~es a!i uenefn ~f +»n;~s~rad and eae:nption under the constitufion
d laws of each State of +he Un.rrd Stetes. es a3o:nst this ob~•yat~on w any extansian or renewal he~eof. ~
Wnness fhe hand snd seat oi ra~h porry.
/s/ William Jackson Caviness
. . _ . t' : • . (SEAU
' _ .s Frarilcie I. Caviness (SEAL)
$9'~~ ) State Revenue t~u
iS~'ST~! ~MHRMt~Q'101Y'~0??glnlA"R~C1'!~'
NO'1V, THEREfORE. Ihe MORiGAGOR iw the p~rpn:o of secwing payment.Of said tum of S"1.LY~!~~ •nd the performance of the
covena~ts and arreeneents h?reinafrer e.µ.essed. antl toa d+.era good and valusbk eOtrF¢8rations, by these present:, does grant, bargain, seU, remise,
release, convey and conlirm ur~to the .`.':~iti:,AGEE, ns successors and ass~gns, all ~nat ce~tain lot, piece er parce~ of iand, situate, lying, and being in the
County of S~• ~Cle and State of Flcrida, descnbed as follows:
Com~nencing at the intersectian of the Easter],y boundary of Angle . ~
Road and the South boundary of the SW~ of the NF~ of Section 6, S7. tU~1E
COUNTY
ToFmship 35 Sc~uth, Range 1~0 East, and run thence Northwegter~y aloag the
Easterl bound of said ~ ~gt~t111tlt~~oU, _
Y az'Y AngZe NN,oad, lt03• feet for the point 6f
op ~ ~r,,
beginning; thc~n;a 4; ~~~~r ng ~Y xy of said m`"
ly alo the Easter y bounda
{ p ~
~?Z ~ ~
Angle Road a distance of 250 feet; thence North ~1 ° 35' East 520 feet • 1~ 1-`' v,
) r {w a)a.. : T~
J ar~~j t'~
~
thence SouthNester~y on a line parallel to the East boundary line o£ •q ~'-~°~'+~~~r
~ ~
1 , G
An~le Road a distance of 100 feet; thence South !ti ° 35' W~st, 100 feet; ~~~p ~
't~ ~ : : i
thence South~resterl,q on a line parallel to the East boundary line of v'~
i1:f~iii:t;i~1%=p
Mgle Road a distance of 150 feet; thence Southiresterly to the point of ~ *
beginn;ng,~
~ogetMr with a~~ and •ingular tAe tenemenra, hered~~~m.~rs :~d sppurt~nces thaeunto belongin9 a in anywise appenain;rg thersto, a~d sll rents, issues,
~rpceeds ~nd profits uaue. 3~~+~! ~o +~c~rue frc„ said premises, all of wh~cte are included in the above and faepodr~ destription and habendvm. t
i
TO HAYE A 1 HOID the above deur~bed and grar.rcd prem~ses unto the said MORTGAGE£, it~ successor• and assiyns fortvsr. Md Me s~ld
MORTG R for ~~e~r heirs, executas, admin:strators and asi~gns, hereby co~enants with the said MORTGAGEE, its wccesiors and auipro, i
i
rhat eY are--- lawfully se~zed of the sa~d premfus ~n tee s~r~ple; that t1w tame are fr~s, deu and diuharped from aIl liens ~nd ~narm-
~rances ~n I~w o? ~~t and thu~ t•}3@ ~ _ thair`- - - ~
eq y, __-Y_ _ he~rs sh•!I w•rr•nr and defend rF~ r~u. w rh. ~an+. ro rl~e s.id
SIORT~AGEE, its ~uccessors a~d •ssigns, tweve~ agai~st th_ ~rw4v! c's:~ns end der*eands of all persons; ~
PROVIDEO, AlWAYS ~hat if the MORTGAGOR shafl pay unto the MORTGAGEE the p~omiss..:y ~ote hereinbefo~e dexribed ~nd sh~l( t~uly, promptly
and fully perfprm, el:sci~arye, execure, comptere, canpiy wi~h a.~d ab~de by each and every the strpulationf, syr~errknri, cw~ditions and covenann of uid ~
p.omissory no!~ ~nd of this Mortgaye, then this Mo.tgage and the Estate hcreby created shall crase ~nd be nuti and void.
IT IS UNOERSTOO~ that the word "Mwtgagw"' whether in the s~nguia? or plural anywhere in this Matg~ge, fAall be tin~ul~~ if on~ o~ly ~nd ~
tih~ll b~ ptural jo~ntly and severally if more then one, and that the word "rhe~r" ~s used ~n~rwhere i~ th~s Mortflape ahall be ta4en to mesn "his;' "hen;'
w"irs," whereve~ tAe conteat so impliri or admits. AIw, that wFit~lvH there is a reFerence in the cov~nants and a~reemenri he«in conuined to ~ny oI ~
rhe p~rtiea hereto, the ~ame ahaN be constr~ed to mean as well ~s the he~rs. I~yal rtp~esent~tivef, succ~~wrs n+d auigra (eifher voluntary by ~ct of th~
pa~ties or iorofuntary by operation oi the Isw) of the same and tha~ the covensnrs here~n contained shall bind •nd the b~n~fih and ~dvanta~p inur~
ro the respective heirs, kg~l represcntetives, i~ccessors a~d as~ gns oE the parties hereto.
And said Mortypon. fp themtelve• ~nd the+r heirs. lega! r~prsuntarives. •ucceuas and ~ftiyns. hereby joinHy and sev~rally covensM and ayr~e
?o and wi~h th~ sa~d MORTGAGEE, ~is svcce~sws and ass~gnr
1. To pay alf and siny~tar lhe priMipsl and ~nee~e~r and the wnovs and sundry s~ms of money payabk by virtue of uid pom~siory opt~. ~nd fhia
mortyye. ~ach ~nd wery. promp~ly on the days respKtively the same sevsr~lly become due.
T. ~o pay all ~nd urgv~er the ta,ces, assessments, lev~es, lubilit~es, obl~qatio~s ~nd encumbr~nces of wery natur~ ud kind now on said Jacrib~d
proptrty, pr tlut here~fter may be imposed, ?uffered, plued, levicd, w~wsud tFier~on, w IMf lKre~ltM miy be kvied or ~ssewd upo~ thh Morlp~ ~
ap~, a tF» ir~b~cd~eu secwed hereby, exh ~nd every, vahen due •nd Ray~ble, ~ccordin~ to I~w, befa~ they becon+e delinquent, and btfor~ s~r inhr~st
~ttachts w any penalty is incurred; AND iNSOFAR AS ANY lHERE~f IS Qf RECOR~ TNE SAME SHAIt BE PROhtPItY SA11Sf1ED AND DISCNARGED ~F
RKORO AND THf ORtGtNAI OFFfC1A! OOCUMENT {SIKrS A5. FOR INS~ANCE, ~HE TAX RECEIPT OR TME SATISFACTION PAPER OffICIAILY ENOORSED
OR CERTIf1ED) SMAII EE PIACED iN THE HANDS OF SAIp MORTGAGEE WIiHIN TEN DAYS NfXT AFTER PAYMENT; ~~d i~ the er~nt IMf any tFwreof is no1 !
id, sat sfied ind d~schar ed sa d MORTGAGEf ine at •n t~me p• the s~me or art rt the~eof witlwut waiv~ q af(ecti •n twn, lien, ~ p '
W 9 Y Y Y Y P~ ~9 Y oP ~ ~qv tll
•ipht under w by virtve of this mortgege and the lull amount of each and every such payment shall be immediately dua •nd payabk a~d shall b~ar If11NNt
~rom the d~te the~eof until pa:d rate o4 mne per cen!~m per annum •r.d toger?,er w,+h s;;ch ~~•e~e~~ ~h N. Y tM Iien of th:s morytays.
$nolc r~Cf