HomeMy WebLinkAbout0593 ~ 19~`7~3~~
TH15 INDCNTURE, Mede ,n~__,,ltith_~_ dsy of SE'DLe[ODQY _!i__ _ A.D. 19~Q , bc+ween
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oronz_atinn
v} _ St~_~.11C1Q _ Cuvnry ftor~da, herr~n~fter dr;~~n,+rt•d as Ih~ ' MORTGl:GOR," and FlRST ffDERAL SAVINGS ANO [OAN
ASSOCIATtON Of FORT PIfRCE, e corpo~at~on o~yanired end ex~sn~,y unJv~ the iaws of th! Un~red Sta~Qt of Amer;~a ar.d having ~b pri~xipal pl~ce ef
buuness i~ ths City of Fort P~arce, S~. luc~e Counr~, Ffor~da, herc~naher d.•s~g~~o~ad as ~he "A1URiGAGtE." .
WMEREA$ Ihe MORiGAGOR ~s jvst~y indc6~cd to thr MORiG:.GEE m the w~+• o} S 1217~~ 00 , qoed and lawful ~,o~~ey of the l~n~ted
Sta~es adYanced by the friJRfv.iGEi unro ri~,. ,ti1~?kft;.~GUR, as r.~:i~•c~_d !:y crne:n F~rw~:~uory nW~ ot e.rn cie~e 6rrrw~!h, of wh~~h the fo'tlowing in
..ords and i~gu~ea is a tr~e iopy, ~o~.rn:
L 12,700.00 No 3-16,546
Fo.t r~r«e, F~o~~aa, __SePtember 1(i 19 70
fw value ~eceived, 1, we or e~the~ of us. Fx~,.,~• to ~d~, N~~~1^.•~r defai;n~.w~. ~n u~.• a~d<-. o~ FiK;i fEGERAi SAVINGS AND tOAN ASSOUATION OF
„ ;~`R! PIERCf at Furt Pirrte. ffor~~+.a, Ine sum of 5 1t ~ 7~0~ m, r. „~ri..,.sr ri~.~~ <t~te at fiie ra!e of ~ t~ °o Nri annum, in mo~itl:ly inttal~-
~ 1.21 00 15th ua
\ ~}s as f~,!~,~,~,s: S t on lh,~ day of Jd~-_-IY-__ . iv 71 and a I~.e sum o~ ~hr :orr~~s}:c:ui.ng day of eath month Ihere-
+•~rr ~ntil ~hr v.he:e br 1~:~:y ~.e~d
i E~ch ~n;!a'~. ,rnt irst ahaH be o~>~~ ~:•.i .n ,~e.~".~~rt t~:v }r a~-~d °~~..~n ,n . ~;i I~a'.,. o! t!~r ~.~~nc {,al S~m. If dr•IauM i3 made In 1hp
v .~trIC11f O+ d11y ~•~{t.1~;r~1f11t N~~lt•~l (juP. .1:;}~ l~•,e.~~.l'~ C'J':'•".~..~`T .7lYf. ~ilt•It i~t t:~.. e~('i..r~ ;.~f 1!:e~ :'r. .ln'~ ::.'•yOUf ~7y 011.e~f r~vt.Ct', dl~ ih! rQrtlainifi[~
.~~staibneMS Shail be d.,e enJ ~~ay.~b~c at ~~.,c. Pr,v~~c.7c ,a y,.~-•u t.,s ~:rc;,ey th~i not~ :n wholu or in p~rt~~a; anr f~mr w~thU~t penatey. Nviiher fOrrkxatantl.
~ ;or acce tante b the holJer therroT aft..r anv de~a~It ~n a~i ~ ~s hrr~•on, ihaii t,e d..e,ne•ci ext~•ns~<;n A late a~~,ent chan e of s_~ t 55 shall be
, ~ Y y y,.~rn F ? J - -
~ ~idr(~ t0 tach ins~r ~ni•~~~1 ren,~~;~~i:~ ~n~~,~ j 7~Y.~yS ~1ter ~tT d.,C llafe, an:~ e~:~.p 5~,~~~~ s~•.+~t tie .~:i~l~~:i M e.~~-.1~ such mstalime~t remeir~ing unpad 7 dsys after
` i ~.+ch aucceedu~g Fe.;~:~•nt de!r
Eoeh nld~er, Dur~ly .ir•l~ Cr,cj.~5c.' tn:BPt. ,Yy ,~;~d 5~ .~.+ve. :l,. i,.~r.,~. ~~e i_ :.•rt~ ~•.i...q~ ,r~1 nnti:e O~ ~~•OTNSt fJ1 nor:~~J'~rnCnt. and further
\ a.~recs to any cucnso„ ct t:n•r of ~,~y:~:r~:t. ~:ii,rr b,•'.;r~ o~ :.,.i~~.+y •~o.,r n.:~.c• !n of ~s ~~d a'! c,tih of co!t~~c!~on, indud-nq a
.senabie attonecy s f_r ,n rFe e.~~~~r ~.~,~`.~.~'t h,~~~~.._. ..~~.f k.....~~ s.,~..~ra!r. .a.~...~•, i...,~..:.. et~6:,n;,yv.,~,~
~ „ i or.d eaen,pt:on under ttx eonstitulion
~.i iawa of each State o~ :he U,:~rer1 S~a•~•s .~s a_ .~,~r 'h;s vi• .ia~~.>n or any e.rrns~o~~ or ~r~~c•.•.a+ ~~.••eof
Wrtnesa ttic t~s„u :,~~d se~~ o+ _.A:~, F~.,.~, BUC'CANEER BUILDING CORPURATIO~!
BY: /s/ J~,~k Crain.; President (SEAI)
Corpozate sQal affixed
~ ATTEST : Niarv Lee ~rain (SEAI)
~ $1 ~ . O 5 ts~?t)
l - State Re~en~e
v ~2 7~~~
MOIN, THEREFORE, the MQRTGAGOR Eor the purFo~~ c~ se.~~~:~~g paymrnT of said s~~m ef s_ , and the perfprme~ce of tha
covenants and agrtert~~nh hereu.a!~er ex~'~~ssrd, a:~d for d..ers goud a,~d va~uab:e cona:de.at:or.s, by the~e presems, dces g~ant, hargain, setl, rem~se,
~~~lease, convey and co+~"t,rm ~~:t~ the ti!Jf~iw1GEE, its :uccesso~s a~:d ais:g-:s, ai~ rn.~t cerre~n lot, ~iece ot pa~te! of land, sit~ate, tying, and beinq in tM
:ouny o( __St •_'~'uC le end Srete of F;onda, ae~:r~bed a~ follows:
The 4:~est 75 feet of Lots 1 and 3, Block 3, SUMtISE
TERRACE SUBDIVISION, as per plat thereof recorded in
Plat eook 5, page ~5, Public Records of SL. Lucie
County, Florida,,/
. - REiCE1VE~ S ~ IN P.''F~~:T ~F tAX~3
WE GN CL1.;S 'C' IN?Aii;'E' E FEi'S:':Ct. 7?ERTY.
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U'-~ a PIl~^.S':Al~t iQ CHAPF: R 2~,'_ J. /~CFS Gf 1951.
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DOCtJMEt~~_"~~' I;ilG"? FC~!';.AS. Cle~k ii~cu:t ~~~~t
7 z = ~ ;
J~ _$~PZ2'~0 = as A~e'.t t:r ~.-i~{;t N. KtiOYYLES, 1R
~ ~ ce ~~aj~n-~e~~~°~~ ' 9 0~- St L~cie Cour.ty Tax Coi(ecinr
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P.9.~~~sas =
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DEPUiY CI~AK
rogeth~r witA all and •i~qular the te~ements, hered~taments and appurtances thereunto belongi~g w in anywise •ppertaininq the?~to, ~nd •II r~nts, issul~,
p+oceeds ~rtd p~ofrts acvu:ng and to a:cr~e from ssid prem~ses, et1 0~ which are included ir. rhe above and faegoinp dexriptan and habendum.
TO HAVE ANO TO HOID rhe aNo.e descr~bed and granted prem;ses unfo fhe said MORTGAGEE, its sutce~sws a~d assiy~s fw~ve?, Md tM wfd
MORiGAGOR for --lt'S _ ne,rs, e~e~utors, admin~ssrato~s and ass~gns, hereby covenentt wi~h the said MORTGAGEE, its sutcesw~s ~nd ~sfipet,
~F*a~ - lt 1-~----- lawfuily fr:ed of fhe sa~d prem,xs m tec s~mpie; thN the same ~ro fre~, c{eu and diuharped from a1I liem and ~ntu~
t~ances in law a in eq~~ry, and that.- lt--- w:f! and ---_-1LS heirs shall warront and def~nd th~ titl~ ro th~ sarrk to tF~e ~aid
NpRTGAGEE, its sucteswrs ~nd asi,gr.s foreve• ag~insl the 1awf~1 c~a~ nt ar.d damands o4 etl persoru:
PROVIDEO. ALWAVS that if ~he MORTGAGOR sheft p~y u~to the MORiGAGEE the promissory note hereinbefore described ~nd sMU truly, promptly
and fully perform, d~scha~ge, eRecute. cwnptett, tOmply with and eb~de by each and every the ttipulatio~s, agreements, conditions and covenanfs of ~aid
;,rom~~wry not~ •nd of fhn Mc+tgage. rhen th~s lVlo~tgage and the Esta~e hereby created •hall ccase •nd be nu(I and void.
IT IS UNDERSTOO~ thaf the word "Mortgagor" whe~her in the s~ng~~ar or pturat snywhere in tAis Morrgsye, sh~ll b~ si~yular i( on~ only ~nd
in~li !x p,w~l 'pintly and sereraily if m~.e then one, snd tha~ the ward "~he~r" •s vsed a~ywhere in th~s Mort9~ye shall b~ t~ken to meu+ "his,•• ••I+ers.••
o. "it~,^ vvherever the contcRt so ~^~p~~es or adm~ts Aly~, ~hat vrhrreYer thcre is • reference in the coveMnn ~nd apr~emtntf herein cw~t~in~d to rny of
The parties hareto, 1M same shatl t,e co~urued to mea~ as :~et1 u the he'r~s, legal ~taresentatives, succes~ws ~nd •tsiyns (eitM~ rolunury by ~tt of tlr~
partiet w involuroa.y bY ope~anon ~f fhe iswl of ihe ume •nd ~ha~ rhe covenams Ferrin conrsinrd ~hall bind •nd ?ht benefas ~nd adwNayq inur~
~o the retpective heit~, fey~l repttienfe~wes, WCCe~LGrt e~d ;~ni of +he p~~hes hereto.
And said Nb.~peqcn, fa rt.e~,~etves and the'v heen, !egei repreunr~r~~es. wc~e:stxs and su+gni, he~eby ~ointly and severally cove~aM ~nd yre~
+o •nQ with tht f~id MpRTGAGEE, ~h s~tcraton •nd ass~gn~:
1. To paY •11 ~nd •~ny~i+r fht pr~nupN •nd ~nte~eft and the vs~~ous •nd su.xlry ivma of mw~sy p~y~bla by virtue of ~nd {xom~fwry not~, and Ihis
"~O~~QW~• ~^d ~~~~Y. w«+~N+~i ~~F~e a~YS ~especnvely ~he uma tevsr~fly beco~,a due.
Y. To pay •il ~nd s~nqvlar ~he r~¦es, asaeisments, t~~~es, f~b,t~nes. obl~y~tions •nd encumb~ancn of every n~tui~ ~nd kend now on i~id d~strib«!
p+op~rtY, a that FKre~ft~r may be ~mpoy~. ~uffered, pt~ced. lev~~d. or assesied thereon, w that here~fter m~y b~ ~wied w a~~es~ed ~on thk Nbrt¢
r~, a th~ indebtednc» ~ecured herebr, eul~ ~nd ~ve~Y. w?xn due •nd p~~~ble, acco~d~ny to I~w. b~(ore fFKy bccom~ delinquen~. ~nd b~fw~ ~ny inrNNt
a*tacl+es of •ny pe~~tty ~t ~ncvrred: At~D 1NSOFAR RS ANY THERtOf IS UF RECORD 1NE SAME SNAII dE PROMPTIY SA11SfIF0 ANO DISCHARGEp OF
aECURD A?~D THE ORIG~r.At UFffC~At DCKW+~ENi ;SUCH AS. FOR ENS1A?:CE, iNE TAx RECEIPi OR THE SATISfACiION PAVER OFFICUIGY ENOORSEO
GR LERTIFIED) SH~.U Bf ~tACED It1 iHE MA~jDS O~ SAIU MC)RTGAGEf WITHIk iEN DAYS NfXT AFTfR PA'/MfNI, ~~d ,n th~ ~wnt elut ~ny tMr~o} iq nw
~.s,d, a~~ if~ed •.+d d~u~+rqed ae d MO~iGAGEF ,na~ •r sny ~,me psy ~he se~+e w•ny pa.f ~ha~eof w~tho~t wa~v~ny or alf~a~ny a~y option. I+en, pvify a
•.~h~ under u by r~r~ue of th~s n..•iye~r nnd th~ l•.,II e~r,ov ~t uf each snd erery ~vch payrr,ent fh~11 tx ~mmedutely dve •nd p~y~bft •nd s11~11 b1~r iMN~s~
~•um rne d~~~ rl~erevf u{~~J ps;d ~r .sre of e yer cr~~:vm t,e~ •~:n„m •~,d ~uqerl.s~ w~1~ s~d~ m~~refr il~~li !~e sewred b~ ~he t~en o1 ~h s mprg~~9e.
eooK 287 P~~E 593
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