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HomeMy WebLinkAbout1558 2t>>2 i i TNIS INDENTURE. Mad~ the 26t'h da of February _ n.o. ~v~l , b.'..een Narv~n Bennett, a aingle adult of ' C e Cou~ty Florids, hereinafta de~ig~ated •s tM "MORTGAGOR;' and iIRS1 FEDERAL SAVINGS AND IOAN A~SOCIATION OF FORT PIERCf, • corpw~t~on ayani:ed and existinq undk~ tM lawn of the Un~ted Slat~s of Mx~ica a~d having its principal place of b~smess in ~M Ciry of Fwt Piace. St. lucie County, Florida, Mr~inafler d~si9nated a~ th~ RiGAGEE:' WHEREAS the MORSGAGOR is juslly indebt~d ro ths MORTGAGEE i~ ths sum of i good and lawful moncy o( the Un~tcd States advenced by the MORTGAGEE uroo the MORTGAGOR, as evidencrd by a tenam promissory note oi even date hrrew~th, of v`h:ch the lollowi~y in s or~s a~Ot:qures is a uw coPY. ~o-wi1: ~ L' 8r? ' ~ 0 7 fwt Pierc~, Flwida, February 26 19 7~ Fw value recei~ed, 1, we w either of us. pro ise fo pa without defalcation, to ~he orde~ of FtRSf FEDERAL SAVINf~ S ANU IC~AN A55CCIA'a:JN Of i~!RT PtERCE at Fwt ~erc,ey~florida, the svm of - w~th in~erest irom date at ~he rate of 8'_2!°o par annum, in mentnly :ristaL`- -.~n~s as fol!owa: 3_ ~9~w~ on the 1~tha.,, of -~ril ~9__71 end a like sum on the cwrespond~ng oay of ea:h mnroh ~nere- ,~rrrr until the whoie be fuily pa~d. # Each insro~~~nent fusf ahall be app~ied in payment of the iMerest and then on the unpaed batance of the pr~nc.pal sum. If deiault is made in the ! ,,,~nent of any i~istallment when due, and such defauh continues 30 days, Ihen at the opt;on of ~he helder, and without any o~he~ ~wnce, ail the remain+n9 i ~~stallme~~s shall be due and payabk at once. Privitege is giveo ro prepay this note in whote or in part at any t~me wilhout penally. Nri~ P` ~rebearance, ror accepunce by the holder thereof after any default in any payments hereon, shall be deemcd eatension. A late payment charge o1 S- ~j~ shall be added to each i~srailment remaining unpa~d 7 days aiter its due date, and a like sum shall tx addeJ to each such installment remaining unpaid 7 days atter , each s~ctetding paymrnt date_ : Each maker, surety and endorser fiereof, jointly a~d severally, warves demarid, present+nent protest and nor~ce of protrat for nor.Nayment, and f~rthet egrees to any extenswn of hme of payment, either befwe or a(ter maturity, without not;ce to any of us; and to pay al! costs of co!iec~ien, inci~d.ng a ~r~so~able atromey's fee in the event of any default hereunder, snd hereby severally waives all benefit of homes~cad and exe~~~pt~on undrr the constituticn ,,d :avvs of each S~are ot the Un~ted S+ates, as against this ob~~gation w iny actens~on w renewal hereof. W~~ness the hand and seal of each party. 3~ l'~8I'O~T1 Bennett, a single 8d11~.~ EAL) (SEAL) (SEAI) (SEAI) t_ 2'~ ~ State Revenue NOW, THEREFORE, !1~e MORTGAGOR ior tl?e pu?pose of secvring payment of s~id sum of = 8~~~•~ and ~he performance of the covenants and ag~eemems I+ere~nafter exp~essed. and for divers good +nd v+~wble considerations, by thex presems, tloes graro, Gargain, sel1, rrmise, re'.ease, convey and conf~rm unto the MORTGAGEE, ib iuccessors and auigns, •II that cer~ain lot, piece or parcel of land, situate, lying, and being in the Counry of St'• Z~i@ and State of Fb?ida, dewibed foNows: ~ Lot 18, Block 2, BLAKFS.Y SUBDSVISION, as per plat thereof on file in Plat Book 10, Page 50, of the Public Records of St. Iucie County, Florida, I ~ /pU i RECEIYED ~ IN PAYMQR Of TAtiES ; WE ON ClASS 'C IPITANGIBLE PERSONAL P.'t~JPE~~I. = PURSt1ANT TO C.'1APT:R 20121, ACTS OF 1941. ttoc~R Poi,r~, c~~~ G~w~t co~rt ' w ~;',y r- L_ u i~ as Agent fot D~;fll~: N. KNOWLES. 1R ; c~ ~ D:::,u~fE~Y , _ 't-~ _ : z = ~ - - _ = Sl lucie Cour.ty Taz Colledor ~ ~ o _ ,.~a:-•~i ! 0 0 - By -t~vc~k ~ N v cc.~~arF~~~ = y~ Y B. ~ s, = 3e _ _ = DEPUiY CLERK ~ ~ ~ ~ N a ~ ~ ~ F F ' i " fogether with all ~nd singular the tenemenri, herediume~ts ~nd sppurtances thereunto btlonging a in anywise appertainirq therero, aod •II rent~, issvts. ~ p~«eeds ~nd profiq accruing a~d to sccrua from said premises, all of whith ~re inciuded in the above snd foreyoing dexriptan +nd habendum. ~ r TO HN?VE AND Tp HOID the above dew~bed +nd yranted premises unlo the said MORTGAGEE, its uxcesson and •uigns forever. And th~ said ~ MORTC~Ae R}~1 --his------ heirs, eaec~tor~, ~dminislntori and .~signs, hereby covenants with the said NIQRTGAGEE, i» wccessori and auipro, h r~?i ? ~hat lawfully ieized of the ~aid premiset in f~a simple: tMt tM sam~ ~re free, de+r and dixharyed from all liens u~d encum- b.ances in Isw or in equity, end th~t he w~~~ his heirs shall warrant and defend the title ~o the ume to the s+id ~ MORTGAGEE, its successors and ~u~gns, forever against th~ lawful daims and demands of •It persons; PROVIDED, ALWAYS tMt iF tht MORTGAGOR shall pay umo the MQRTGAGEE the promiuory note he?einbefae dexribed and shall truly, promptly and fuiiy perfwm, d~xMrge, execute, compkte, comply with and abide by each ~nd evcry the stipulations, ~greemenb, conditions and covenants of sa~d _ crom~sswy nore and of this Mwtgaye, then this Mwtya9e and the E~~ate hereby aeated shall cease ~nd be null and void. IT IS UNOERSTOOD thst the wwd "Mortya~oi' wFrothsr in ths sinyuta~ or plur~l anywhere in this 1Nortgaye, shall be sinyular if wx o~ly and = sho11 bs plur~l jointly and severally if mort than o~e. and that the wwd "their" a~ vud anywhere in thia Mortpage shall be faken to mean "his.•. •.Mrs•. - or "its," wherever the context w implies w admitt. Alfo, that wherever thcre n• reierence in the covenants and ~greements herein co~tained to ~ny of = the parties hereto, the umt shalf be construed to mean ~s well ~s tM heirs, 1e9~1 rep?eu~tatives, successas snd ~isigro (either volunrsry by ~ct of ~he x: parties w invotunury by operation o! tF+a Isw) of the same and that th~ covenants herein conuincd shall bind •nd th~ berxfits ~nd sdv~ntayes inur~ ro the respect~v~ heu~, kyal represenutiv~s, successors and ~u'ym of the partiei htreto. r And aaid Monga9ori, fw themselve~ and thei~ heirs. IeQal rep~ssenNtive~, successors a~d a~iigns, hereby janNy arx! sever~lly coven~nt •nd ~r~e - ro and w]th the said MORTGAGEE, ~ts ~ucceswrs and auiyns: ~r 1. To pay all ~nd sinyular the principal and imerest ~nd tFK v~rious ~nd sundry wms oi money .~ayabte by virtue o/ sa~d prom~sso?y not~, •nd this mafsa9~. ~xh and ev~ry, promptly on t!w day~ respectively tM s~me ~ev~r~lly becom~ dw. s:; 4. To p~Y ~11 snd s~~?yul~r the t~xes. ~s~etsm~nn, levit~. liabiliti~s, oWiyatio~» and encvmbranc~s o~ every natur~ and kind now on said d~urib~d prop~rty, or that hereafter may be impw~d, tuffaed. PIKtd. Iwied, a~uetsed thereon, or that h~rea(ter may b~ levied w~~~cssed vpon tF?i~ Mott9- '~f a9e, a IM i~btedncss ~ecured Froreby. fKI1 afNl 1VNY, whe~ dw and p+yabb. ~ccadinp to law, before they becom~ delinquent, and be1w~ any im~rest r' eneches w any penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPiLY SATISFIED AND DISCHARGED OF , ~a 2EtOR0 AN~ THE ORIGIhAI OFi1C1Al DOCUMENT ISUCH A5, FOR INSTANCE, TNE TAX RKEIPT OR THE SAi15fACTION PAPER OfFICIALIY ENDORSED ~ GR CERTIfIEO) SN/1ll BE PIACED IN iME NANDS Of SAID MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENi; and in the ev~nt ~hat any thereoi is not _a pa~d. •~t sf~ed ~nd discharqed sa d MORTGAGEE m~y at ~~y nme p~y the same w any p~rt thereof without wa~vi~g or ef(ec~inq any opiion. lien. equity a •.~hf u~de~ o~ by v~rtue of this morrg~qe and the 1~11 ~mo~nt of each ~nd eve~y such payment ih~li be immed~ately due •nd payable •nd shall be~r intere~~ :F 'rom the d~tt Ihereo( u~til pa~d •t r~te of n~ne per cenlum p~r •nnum •nd t r~ ~uch mte~tL}~ ~ secured by Ihe lit~ of ~h:s moryt~y~. ~ ~~1~ 5 . ~ . : : . ~ - ~ _ , , . ~