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HomeMy WebLinkAbout1059 20110'7 4 TMlS INDENTURE, IW~ th~ ;~.t.h day of Nove el~ /l.p. 19~~ . bctwNn • Williara L. Bai e~ and Lois S` Bailep, hia wiPe of _~t- LuQia tow~ryr Fbrida, Mr~~n~fter d~sipnarrd u tM "MORTGAGOR,' ~nd fIRSi FE~ERAI SAVINGS AtJD IOAN ASSOCUI?ION OF iORT PIERCE, • aapaatan o~ni~d ~nd •xis~iny w~dK tM laws of tl» Uo~Nd S~aas of Amerks and !?~vbg its principsl pl~p of busina~ In th~ CMy of Fon Piaa. S~. luci~ County. Fforida.•ha~inahK dapnand ~s tIw2~OttbC~?~EEoO MIHEREAS thu NWRTGAGOR i~ iustly ie?d~bMd to Nw MORIGAGFE ~n d» swn of i j~ V~J • yood a+wJ lawful mw»y of tM U~it~d St~t~s ~dva~d by tlw MORTGAGEE un~o tl+~ MORTGAGOR. as e~~dm.ced by a ceruin promisiwy not~ of ewn dat~ Mrw~ri~h, of which tM followinp {n wads and fip~xa b a trw copY. lo-wit: ~ = 23.600.00 ~ ~lb~bl9 ~ P~..~.. Fb.~d+~. Nl~~Lember ~v~. for w!w rsceived, 1, w~ a eifher of us, promise To pay, without daf~lation, to ~he o~de. of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIAttON OF fORT PIERCE u Fat Piera, Florida, the sum of s~3 ~ 6Q0 ~ 40 w;th interes~ from date at the raro o~.a~_% pe~ s~+um, in monlhly irablN • ments as follows: = 2~ •~0 on t~ day of Februarv ~9~, _~,d . like sum on tl+e correspa~dirp day. of vach moeth therr ~ aftK uNil the whol~ be fuity paid. , . ~ E~ch instsltm~nt fint shall b~ spplied in payment of the interest and then on ths vnpa~d balance oi ths p?inc~pel~wm, If default ts ~n~de in 1M paymenl of any insqllment wMn dw, and such default continues 30 days, then at the optan of the holder, a~d wi?hout any other ootice, a1111w nmainiig ~~nstallmtnb shall b~ dw and p+yable at oncs. Priviley~ is give~ to prepay this note ip whole or in put at any time without penalty. NeitM~? fo.r~~Cba~~arana, nw ~ocepqnc~ by tM hoWe~ thaeof afte~ any default in anY p~Yments hereo~, sMll bc deemed extension. A lat~ payment thatp~ of i~.sv. LJsMII b~ added w exh iratallmer~t rsmaininy unpaid 7 days after in d~b date, and a like sum ahall be added ro exh iuch ir~talirnent remainu~ w~paid 7 d+ys aha P+Yment dste. , E~ch maker, surety ~nd ei~dorser he~eof, joindy and ieverally, waives demand, prescntmen~ protest and notice of profest for nonpaymsnL snd fwth~r sgrees to ~ny extension of tims of payment, cither before w after maturity, without notice to any of us; and to pay al) msri o~ collactiorf, iocludirg .a ressonabl~ attoroey's fee in the we~t oF a~y default hereunde~, s~d hereby severalty waives all benefit of homestead and cxemption w~dK fir constitulion end laws of ead+ Sfate of tM United States, as agsinst this obligation or any exrtosio~ or renewal hereof. ~ ~tnss~ tl+~ Mnd aod. sea! d each pany. • ~U • - ~ _ ~ ; , s L~isiS B iB ~ - . A e~ cs~,w l; cs~?u - ' ~-_~.~S.~.Q~,~ s~.k R~.~,~. - ~w ~ iSl+mps canal~.d on «ip~al oor.) ~ MOW, ?HERfFORE, the NIpRTGAGOR fw ths purpose of ~wi 23 ~ b~~ ~ 00 cov~na' aod ~9 Pir~+~r~t of w1d wm of i . and tIN p~.foananc. of tlr +~~emenb iwrw~aft~r ~xpre~sed. ~~d for drven Qood a+d wluabk co~siderations. bY these p?esenM. does pr~m, b~ryalq. s~lb ~n~. relN~ eo~wy and eonfwm uoto tl+~ MORTGAGEE, its successors and auiyns, aIl ttut ccrtain bt, pieae w pertel of land. sitwte, lyirg. ~nd b~inp (n tM ~~~y $t. Lueie and Stat~ of Fbrid~, dew~bed ~s follows: ' Lot 23 less the West 10 feet thereof, - and the West 20 feetdLot ?1~, Block 0, MARAVILLA rSTAT~'S, as ~er nlat theraoP. on file in Plat Book 8, ~Page 77, public re~cords .of St. Lucie County, Florida,? . . . . . . . ~EIYm . ~Z i ~SS ~C lIRAt~lBLE PERSQ{iA~ PROP~~ ~ y. ~ r~ f t cF f- • CHAP'TER 20T24 ACTS OF 194L ~ ~ z OOCUM~NT,4 ~~i j' ROGER ppITRAS, ~ ' o - hOrie'7J ~c a~ as ABa~ for ~ t~rcu~ Court . - ; ~ ; = DA1~lE[ N. I(Nipry~ 1R 3 5 4 0~ ~~~u;ri tax ~a+ECta ~~4'TROI ~.B t»r3a F c ` ~ ~ G N - ~EPUiY C~K top~tf»r wish ~li and ~k~pular t!w t~nurts. I+ereditaerwets snd appwfar~us tMreunro b~lagirg or in anywiw app~nainG+p tiwNo: ~nd ~t) nMS. iwrN. proa~ and profits saruirg snd ro surue from uid pr~mis~s, all of whid~ an includd in th~ abav~ and fwpoirg d~wiptioa and h~bMdwn. TO HAVE LY191=' tM sbov~'destribed and qr~r+ted premises unto the said IYIORTGAGEE. its sva~ston +nd assipns forsvM. /lyd tIN aW MO~tTGAGOR for hein, executors, adminisuaro.s. snd as~iyns, haeby cwsn~nn with tM sakl IY~ORTGAGfE. Hs woaaors ~nd a~iprr„ rhat -~~---82'a lawfullp seised of rh~ s~id pnn+i~s in fee ~impl~: tlwt thf ~srne an f~«, ci~ar snd t!'sclwptd frae+ all U~sra and ~ b~+nps in law a in puity. ~nd ths~ thT will and t11w1 t+ M'as s!w!) warraM ~nd d~f~rd tM tltb b/M san» b tIM sdd MORTGAGEE, its wtus~on ~nd auiyra, faever ~yainst tlr lawfu! cl~irru ~nd de+nx+ds of all P~t PROVIpED, AIWAYS tlrt if tht AIIORTGAGOR slwll p~y u~to the MORTGJIGEE tM promissory not! hsr~inbefae d~w~d and sh~li trvlp, p~rpnplly •nd fu1~Y PKform. diad~s+~. ~~~u+te, tiompltt~, cweP~Y with ~nd +b~ by sach and evMy tiw stipulatioro. ~We~nts. oo~tlw+~ and Cov~rwda ol ~aid prornissory no?~ and of this Mortpape, fMn thn Mortys~e ~nd th~ Esqte l~~reby a~atad shall oeas~ and b~ rwfl and void. IT IS UNDERSTOOD tlyt ths wotd "Mortyspor" whethe~ in th~ sinpular o? plwal ~nywl~ere in this Mwtya~e, tFull be sinpvlar ff on~ or~ and ~11 bt plwal joimly snd s~veraly if mon tMn one, snd that tt~ word "the'a" as ua~d anyv,Meee (n tha A14o.tpa~t aMfl b~ tak~n ro ens~n "I~i~„" ~Iws,` w"its."' whsrw~r the conMnt ~o implies or adm;n. Al~o, th~t wherewr thae b• rsfaer~ in the oo~wnants ond pr~b Fwr~in aoMair»d to ~n~r of th. p~rti~s Fw.t0. th~ wm sh.ll be construed ro me.n .s w.ll ss rM h.i~s. Is9s~ nP?esemativ.s, wocsswn and .ssip+r (.id~ v~odnaary bp aa of fl» putiq a involvnfary by operation of tt~e Isw) of ~he iame and th~t thc cownsnts ~ contained shall bird and th~ buwfiri ~r~d ~dvama~s Lwn ro fh~ rap~ctiw FKiq. 1~+~ represematives. wcceswn and ass?y~u of tM parri~s h~r~to. Md s~M! Mortyaqors, fa therns~lves and d+~i. heira„ It9al ~spresentarivu, wcc~sson and assigro, iwreby jointly and ~v~~lly oovanaM and ~prN w and witl~ tM s~id MORTGAGEE, iri waessas u~d auiyra: 1. To pay ~II and si~puiar tl+~ princip~l and interest ud the v~riout and wndry iwns of mw~ey payaW~ b~r virtw of s~id prpni~sory noN, and thy morqg~. Ntfi ~nd w~r. P?anPtly on tM days respactively tl+~ s+re~ ~ewrally b~caeoe dw. 4. To p~y ~II ~nd sinQuiar tM ax~s, sues+menn, levies, liabiliti~s, obli~stiom ~rd sncumbraixe~ of w~ry n~tun +nd kind ~ow on wid daab~d wop~rtp, a M,a 1~aeahN m.y b~ Ynpoud, wH«ed, pl~pd. lev+~d, o. .~esud tt~er~, w rh.r h....f1~. +nar M kvwd a asas..d upon thi~ MorlP +pe a th~ Mid~bNdnaa s~air~d Mnby, wd~ and way. wMn dve u~d paY+bl~. +ow~dinp to law, befon tMy bscomt ddinqwN. ad b~ioh any MMnNt an~chw or any p~n~hy is i~xvrr~d~ AND INSOFAR AS ANY THEREOF IS pF RKORO TF~ SAME SNALI 8E PRpIy1PT(Y SATISf1E0 ANO OtSCMARGfO OF RECORO /lN0 THE ORIGtNAt OfflCtAl OOCIIAAfMT (SUCH A5. FOR INSTANCE. THF TAX RKEIPi OR THE $ATISFACTION VAPER OffICIAIIY ENDORSED OR CERTIf1ED) SHAII !E PlACEO IN THE NANOS OF SAID MORtGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in th~ ~wM th~t amr flw~of b eqf p+id, sat:~fi~d and d7scMr9ed w:d MORTGAGIEE may at sny twne p~y the s~n+e w ~ny pWt tM~wf withov~ waivinp or alf~d+^y +M oM~. ~qvity o+ •1q~t w~dM a by virtw of this mortpay~ and the full amouM of eath ~nd ~very such paymenf ~hall b~ unmediat~ly du~ and payable and shall 6~K in1~Nt ~ran the d~q tMrwf until pa;d a~ rate of nine per centum per annwn and toyether w3th wch i~t~resr ~hall be ~ecwsd by N+~ t~n of th:~ mapqp~. . ~1~ P~~~~B ~s ~ ~ . ~ ~ ~ - ~ _ - _ ~Y~m ~