HomeMy WebLinkAbout1399 1~~2~~
1H15 INDENIURE. Msde the lst _ dsy of _ ~t~~= A.p. 19~Q , b~nneen
_ Plichwol ?od Addiaon. a •inQle adul~.
of - ~t. ~11C Q ~ounty Flw~da, here~nafter deaynared as the "MORTGAGOR," and FiRST fEDERAI SAVINGS AND IOAN
ASSOCIATIOAt OF FORT PIERCE, • corpo~ation wyi~~:ed and ex~~i~n9 ~nder ths laws of the Un:sed Sratos of Ame~ica and h~ving it~ principsl plic~ oi
busineu in tM City o~ For1 Pie.ce, S~. luus County, Flprida, herainafter dciig~ated a~ ths "MORIGAGEE:'
~ WHEREAS the MORTGAGOR is ~ustiy indebted Io 1he MORiGAGEE in the sur» of S____24Z~~`~ gooc! and lawful money of the United
States adwnced by the MORiGAGEE ~nto the A10kTGAGOR, as ev~de~~c: d by a tene~n pronussory note of e~en dete herow~th. o~ wh:ch the foilowiny in
` wo~ds and tigures is • true cop~, ?o-wd:
v s_ Z4, 000.00 N,_ 16~ 563
` FoA P~erce, Flwida, ~tOb@~' ~ 19 7Q
~ fw value received, I, we or either of us, prom;se to pey, without de(altation, to the orcfrr of FtRST FEDfRAI SAVINGS ANp IOAN ASSOCIATION OF
~
~ FORT PIERCE at Fort Pierce, Floride, the surt, of S_ __24~~~~~_-____ wuh mterra~ fro~~~ date at the rata oi per annum, in monthfy initall-
~•~ents as foltows: S- ex~ th• _lStb day of NOV~ObQl' , 19_ ?Q and a I~ke su:n on the cwrespond~ng day of each month the~r
~
ef~er untit the +nho:e be fuNy F.e,d.
Jj Each ~nstai:e,:rnt first shall !x aj;p ~ed m pay~ne~t oi the inle~rS! end •hen o~i ~ne unp,~d i~atance e~ the pr~n~:pa1 sum. If de~ault is made in the
J }•ayineM o1 any ~nstali~nrnl whan d~e, and s~ct~ detault continurs 30 days, then at the opt;o~ of the hotde~, and wiehout any other notice, all the remaining
~n~rallmenb shail be d„n dIHI ~dydll.0 dl oncr. P~~vJaae ~s g;.cn to prepay th+~ notr +n who!e or in part at any t~ine without penalty. Neither forebearante,
~ ro+ acceptance by rhe hotder rhrrrof afrei anv defeuH in any paymants t~ereon, shal; t,e dre:ned extens~on. A late payment charge of S~~a~, shall bt
` .:dded to each ~ns~aiLnent ~emaining ~~,N~,d a.i~YS a~trr ita d~e dete, and a h~e s~m shaf! be =ddrd ro each such ~nstaltmem remaining unpaid 7 days a(h~
~ each suctted~ng payrtwsnt d~te.
~ Each maker, nurety artd enderser ~nrreof, ~oi:,rly a+~d seve:ally, wan•es Jr~~~and, presentmeniprof~•St and no~~ce of proreat tor nu..pay~nent, and further
agrees to any extens~on of t~r.,e of f~,~~~e»t, erthrr 6~forr or aiter ma~or,ty, .vriieut no•.ce to any ot us: and ro F;ay all costs of collettion, inc:uding a
~ reisonable attorney s fee in ~nr e.-nt o~,y ~efa~!t herev~~der, and herebi s•::r.a:iy w.~..es alt benef~t of hornesread and exempf;on undet the eonslitWio~
~ and laws af each S'ete o~ ~he Un~.Ki Stavrs. as a~j~•~st this oW•~ahoo or any eaiens~un or ren~wat hereof.
~ Witness the hand and ara{ of eath Narty.
/s/ Michael Tod Addisana a ~~~i~
' sinylQ adult ~Ai~
~ ~wu
~ ~ S36 ~ DO ) Srete Revenue . ~u
NOW, THEREfORE, the MORTGAGpR fw the purpose of secur~ng payment of sa~d svm ef j_ Z4l~~~~ ~nd ths performance of the
coveMnts and sgreemeny he~e~nafter txpressed, and for d~vers good and valuab:e cons+de~ation~, 6y theae presenls, does Qrant, bargain, tell, remise,
+elreae, convey ar+d confum unto the MORTGAGE~, its s~ccesso+s~ and au~gni, a1: that certain :ot, piece or parcel of land, ~it~ate, lying, and beirg in tM
Co~ntp of S~_.~13Ci@ and State of Flwide, desu~bed •s follows:
Lot 2, Block 1~ CpROLWOpp 2BRRACB, RIRS? ADDI?ION, as per
plat thereot recozded in Plat Book 14, paqe 50~ pub2ic
secosds of St. Luci~ Couaty, Florida?,~
t l~A RECEIV~1 5--~~-,~ IM PA'.'R1F!~;T G~F T~ -
u, jIN~ T~~~ g
Aht~~a•. PUi~~'S~Yi i10 C1
P~RAIJg~ ~!:~0=~1~~1~~
~ z p~tM 70 O FOG:R POI~RAS, Clerk ~'~r.'t Ccu t
-s z ~c;= ~
~ - ~ 3~ 0 ~ as Agent ht CP~N!'l tf. M;`:~`Y1t.ES. )il
~sDa ~1?1qcuEa St l.ccie Cau-.fii Tu Colle4tor
~ 140~33 =
pg.
~ ~j. , ~ t-~Q~
i; ~n cx~
together w~th al! ~nd sinqut~r the tenements, hered~tamer,ts and appurta~ces thereunto belonyinq or in anywise appert~ininy thtrero, ~~d sll ~~nt~, issws,
p~oceeds ~nd prof~ts xc.u~ng and ~o ~ccrve from said prem~ies, a11 of wh~ch a~e :~cluded i~ the ~bove snd fo~eyuirg desuiption and Mbendum.
TO NAVE ANp Tp HO~p the above descnbed and granted prem~ua unto the s~~d MORTGAGEE, ifs iuccessars and auiqra for~wr. Md tht safd
MORTGAGOR for hei~s, eaec~tws, sdministrato~a snd aasiqns, Ixreby covenanb wi?h the said MORTGAGEE, it~ suttes?as and ~ssiprri,
rhar is tawfvity uucd of the ssid prtm~ses in f~ simple, fhat the same i.e ~ree, cle~r ~nd diuharped from ~II lienf and ~e+curt~
brances in taw w in equity, •nd thar__ _ w~lt and llj.i..----_~___ heirs ih~il w~~rant and defend th~ titl~ 1o the sam~ to /M ~aid
MORTGAGEE, its succeuws and ass~gns. fo~ever against the Iawful c!aim• end demands of all pertons;
PROVI~ED, AIWAYS that if the MORTGAGOR ~ha~S p~y ~nto the MORiGAGfE 1he prom~uory nole hereinbeiwe deuribed and ~hall truly, p~omplly
•nd fuUy periwm, d~uharge. cxecute, comptete, comply w:rh and ~b~dc by each and eve~y the stipul~tiona, apreemeMS, conditiont a~d tovenanri of faid
p~omissory r+ote ~nd of tAis M~rtgage, the~ ehis Matgage and the Ei~ate hereby created ~hall ce~u ~nd be null and void.
IT IS UNDERSTO00 that the word "ARorrysgor" ~n•hether in the s~ngusar o~ piural ~nywhere in th~~ Mortgaye, ihall b~ •inyut~r if one only ~nd
shall be plur~l joinHy arx! severaily i~ mwe than one. •nd that the wwd "tt,e~r" at used ~nywhere in th~s Martyaye ~ha!! b~ taken to mean "hi~,•• ••h~n;'
w"its," wMereve~ the conrext ao ~mphes a admi:s_ Alw, thsr wherever thcre is a referer+ce in ?ha covenann •nd preeme~h h~r~in conqinsd to any oi
+h~ parti~f h~~eto, !he s~me ihall ~ con~trucd to mcan as well •s the heirs, Iegal rtpresenrativrs, svccessort ~nd sssiqro (either wtun~uy by ~ct of tly
parti~t ar involunt~ry by operar;on o( the Iaw) o~ +he same end ~hat the covenants herein coote~ned shall bind ~nd tl+~ b~nefits ~nd advantapp inw~
ro tht tes~dive hein, ieyd ~eprHenlstivef, successors and ~ss gns of the partief heroto.
A~d faid Mwrgagors, fw rhemselves and thcir heirs, legal rep~eu~ratives, ~uccessors ~nd •sf:gns, hereby jointly •nd sevaally cov~nant and ayrM
to and with the u~d MORTGAGfE. ~q fvccesson ~nd ~ss~qn~:
1. To pay atl and sirg~rlar rhe pr~ncipa! and interest and fhe v~iious and ~und.y sums ot money p~y~bl~ by virrue oF s~id prom~~swy nqN. ~~d thb
mer?pa9e, ~~ch ~nd every, prpsip~ly on the days respect~vely the s~me iev~~~lly becortie dve.
2. To pay a11 snd ~~ngutar the uaes. •~seumenh. I~vies, liab~lities. obl~gst~ons and e~cumbrances of every rs~ewt +nd kind rw~w on said d~soib~d
propNty, a that here~ft~r may be imposed, suf(tred, pl~ed. levicd. u auetud thereon, pr tF~t her~~ft~r m~y be lev~ed w suds~d upon this Mprt~-
~p~, d the indtbtedneis ~ecur~A he~rby. e~ch and wery, when dve w~d pay~ble. ~ccad~np to I~w. before ~hey becom~ delinqwm, u~d b~for~ ~ny int~r~st
an.ches o. any pen.~~y ~ncvrred; ANO fNSOFAR AS ANY iNEREOF IS Of RECORO THE SAME SHAtI BE PROMPiIY SATISfIED AND ~ISCHARGED Oi
RECORO AND 1HE ORlGINAI OFfIC1Al DOCUMENT (SUCN AS, FOR INSIANCE, iHE iAl( REGEIPT OR THE SATISfACT10N PAPER OFfICIALIY ENDORSEO
OR CERTIFIEO) SHAtI pE PUCED IN iHE FiANpS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; artd in ~he tvent tMt any therwf h nol
pa~d, s~t"st~ed •nd d;uharged ss d MORTGAGEE m~y •r eny i•..r~ pay the same o~ any part lhc~eof without w~iviny o~ affectiny any optio~, iien, pviy p
•~qht unde~ w by virtue o1 tAis mor~gage anc~ rhe fuU smov~t of each ~nd every such paymeN shall be ~mmcd~a+cly due •nd payable •nd ~MII beu intKefl
~rpn the due the~eof until pa:d a~ ~are ol mne per u~wm p~r ~n~um •ndo t~ ethN wnh such inter~~i fMil be secured by rhe Iren of rh.s rrwrQtay~.
~~oK ~87 P~~f i~~9
- _ : - - - - _