HomeMy WebLinkAbout2063 2C553E~ ;
THI$ INDENiURE, M~d~ the 2nd day of ~ ~r~ _ A.D. 19_?
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aIIS~ Mu I~._Mc'j~p*~a l ri ~-h1S--1~lf~----- -
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of _ St . Lucie ~~nry flot~da, hereinafta~ desynated as the "'MORTGAGOR." and i1R5T FEDERAI SAV~NGS ANp IOAN ~
ASSOCIAiION OF FORT PIERCE. • corporalion organized and existin9 under Ihe lawi o( ~~q~ Un~ S~t it~s of America and having its prin<ipal place of )
b~slneu in ths City of Fwt P~erca, Sr. lvcie CouMy. Flaida, hereina(ter drsignated as tM "NpRf AGp~!' 1f1~ ;
WNEREAS /he MORTGAGOR is juatly indebtsd to tM MORTGAGEE in the sum of = r
t~ ~~dod a~d lawful money of ~he Un~ted
STafes adva~xed by tRe b1JR1GACEE ~neo the MORTGAGOR, as evidencrd by a ce~tam promiswry note of evon ~{~,j~ew~th, of wh~ch ~he iollowf~~y in
~+o~ds and figures is a tru~ copy, ro-wit:
s 6~~•~ ' 3 16.861 ~
No_^ - ~
Fort Pierce, Florida, ~Marclt 2~ ~q 71 ' ~
fw vaf~e received, t, we or either af us, prom~se to pay, withoul defalcation, to thr order of FIRST FEDERAL SqVINGS AND IOAN ASSOCIAiION OF ~
~~~RT PIERCE at Forl V~erce, Ftorida, ~he aum of S-~
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with interrst from date at Ihe rate of _~~Q :o pe~ annvm, in mo:uhly instal;- ~
, ~•:,~s a: ~o,~a~.: s_ 51 !oo___ _ o„ _ 15thd,Y of aRril .,v 7~ _ an~ a hAe su~n on the corr~•spund~ng day oF ~act~ m~~ith there-
~ ~!ie~ until the who!e kx 1u~ty paid.
' Each insraf:n,ent first shall be applied in pa/ment of the interest and then en the unpa~d balance of nc~ pnrn, F;al sum. If default is made in the
ti ;„ment of e~ry instailn~ent whrn due, and suth defauh toro~nues 30 days, then at the upnon ot rt~e ho~der, a~ed ~v~tLo~r ~ny oti~e~ ~otke, all the remaimny
\ ~~~Teli~»ents ehall Fx d„e ard payabte at once. Privilege is given fo prepay this note in whole oa in part ar any t„nc w~thout F.enatty. Ne~rhe~ (orebcarance,
ror atceplanc! bY the ho?Jer thereof aftrr any default in any paymeMS berepn, sheli tx deemed extension. A lat~ payment charge oi S 2~~-~~ shaf! be
~ ..~:ird to each insteinnent ~emaini~ig unpaid 7 days •fle? in dw date, and a IiAe swn ihe!f added to iach s~ch installmant re~»am~ng unpaid 7 days aftar
~1 rech succeed~ng paymr~~t date.
~ Eath maker, wrety and endorser hereoi, jointly and Severally, waives aema~~d, prescntment protesf end notke of p.ot~•st for nonpay~n_•n1, and {urther
eareea to any exrension of tirna ~f payment, either brfore or after mawrity. without net~ce to an~ of .~s; end to F•ay ail costs of coil~,~rion, inciud~ng a
~ <~~;onable attorne~ s fer ~n the event of any default hereundrr, and hereby severaiiy ~a~rrs a(t ben~~fi~ of iwm~~aned and exrrnpr~on u+~der fhe conati?uiion
a: d~aws oi zai!+ S~atc of rhs United Siates, as against this obligation or any eaiens~on or renev.al hcreof.
Witness the ha,:d a~~d seaf of each pa~ty.
~ s/'Thomas A. McDonald (SEAt)
~ (SEAL)
s/Muriel McDona2d (SfAt)
~seai~
t ' 9 ' ~ ~ State ReYenue
1s.aw,pr«wodl.i ~rigw~l..?.1.)
NOV11, THEREfORE, the MORTGAGOR fo~ the purpose of aecu.ing payment of said sum of S 6 i~~ and the performance of the
covenants s~d agreen;ents he~einafter exp+essed, and ia divers good and valuable considerations, by these presents, dces grent, bargain, selt, remise,
~rlease, convey and confirm unto the MORTGAGEE, its successort and assigns, all that certain lot, piece or parce~ of tand, s~tuate, lying, and being in the
Couny of St . Lue ie and Stste of Florida, dew~6ed as follows:
Apart~ent II - 107, of INLET HOUSE CONDOMINTUM APARTM6NTS, Building No. II, a f
~
Condominium, accordi.ng to the Declaration of Condominium, dated February 16,
1971, and recorded in Official Record Book 190, page 929, public records of St.
Lucie County, Florida,
Together with a21 its appurtenances according to said Declaration of Condomi.nium.
RECE?YF~ s__~~ . ~ O
~i~Tw- .rr. py~EV u;i C11SS 'C lNTA.K6!BtE ~N PA,A1EPf~ OF T/U(ES
~ a~ FI~+1Tt L. U~ ~n~ h~~ci 10 Ci'A:`I R 2Q72'. A(;;5. ~A~ P1tOPERTy,
O~Ct~QENTADw - STAN{P TA C.~~ PO(~ftAS. C;e~; OF 1~2.
Circu;t Cc~r~
~ = twt-5~~ Fy:•. 3 as Ager.t for DAill~l N. K,'~UWIES, JR
_ ~,~'~f-" ` 9 O 0~ St [ucie Collector
c~ Cour,ty tax
PB.~ss ~----~s ~ By ~
°~ut~r cx~wc
+ogethe~ with sll and singular the tenemenri, heredit~ments and appurtances tF~ereunto belongirg w i~ anywiu appertaining thereto, sRd all rents, iss~es,
p~oceeds i~d prot~ts sccruirg and to accrue from said premises, all of which are included in fhe above and fwegoing dewiption and habendum.
TO HAVE AND TO HOtD the above dexribed a~d gramed promises unfo the said MORfGAGEE, its tuccessws and assigns forever. And tht uid
N,GRiGAGOR fw ---~~T heirs, executws, administrators ~nd assigns, hereby covenanes with the sa+d MORiGAGEE, ifs successors and aqipr»,
,har ~'-r~--- tawfufty uized of the said premises in fee simpJr, ?hat fhe sams ~~e free, c{ear •nd discharged from all liens and encwn-
brances in law w in eqwty, and rhar__~]~_ w;1! and their he;rs shs~l wsrrant end defend the title to the s~me to th~ said
MORTGAGEf, its succes~ors and assigns, faever ag~inst the lawful claims and dem~nds of alt persons;
PROVIDED, ALWAYS tha~ if tFsc MORTGAGOR ?h~ll psy vnte the MORTGAGEE the promiisay note hereinbefwe descr;bed end shall trvly, promptly
and ful~~ perform, d~scharge, execuie, complete, campty wi~h and ab~de by exh arx! every fhe stipule~ions, agreemems, condifions and covenants of sa~d
prom~sswy nore •nd of this Mortysge, then this Matya9e ~nd the Estate hereby uea~ed shall cease and be null •nd wfd.
IT IS UNDERSTppp that the wwd "Mortgagw° whcther in the s~ngular or plural ~nywhcre in this Mortgage, shall be singular if one oniy and
sh~ll be plur~l jointly and severally if more than one, and Ihst ti~e word °their" as used anywhere in rhi~ Mort}~age shall be uken 1o mean "his:• ••hen;'
or "iti;' whereve? the context w implies p ~dmits. Also, that whereve~ there is a reference en the covenants and agreemcnts herein coMained to any of
rhe psrt~a hereto, the w-ne shall be construed to mem as well as the heirs, leqal rtpresentnives, successo~i +nd •isigns (either voiuntary by sct oF ths ~
pa~ties ot invoJunb~r by operstion of ?he law) of thp s~me and that the covenants hetein contained shall bind •nd the benefits and adwntagef inur~
ro the re~pective he~rs, Ieqal representatives, succeiwrt and au~yns of the parties hereto.
And seid Mwt9~gprs, fw ihemselvss snd thcir heirs, lepat reprefentatives, tutcessws and •siigns, hereby joinfly •nd uverafly covenant and ayree
ro and w~~h the sa~d MORTGAGEE, its successo~s ind ass~ru: f
1. to p~y a!I and iFngulu the pi~r,cipal and iroerest snd fhe vsrious ~nd sundry wms oi mo~ey payabte by vir~ue of seid prom~sfory note. ~~d thia ~
.nortq~qe, esch •nd wery, p.omptiy on the days rpp~ctiv~ly tFN tam~ sev~rally become due. ~
2. To pay ail ~~d sinyutar the taxef. •ts~tsments. Iwits. Ii~bilitiQS, obliyatio~s •nd encumbr~nces of erery nature and icind ~ow p~ ~~id d~urib~d
p~opertY, or th~f herea(~er m.ay be impwed, tutl~red. Platea, kvied, a~~setsed tlvereon, or that hereaitsr may be lev~ed a~~sessed upon this Mor1Q~ ~
~fle, a the ind~btedneu ~ecured hereby. ~xh ~nd ~very, when dw ~nd p~y~bl~. ~ccadirq to I~w, be(or~ they become d~linQucnt, •nd befw~ •~y intN~st ~
sttathh p ~ny pen~lry it incurred; AND INSOfAR AS ANY THEREOf IS OF RKdRO tHE SAMf SHAIt dE PROMPiIY SAT15FlEU AND OI$~HARGED Of
QEtORp AN~ TNF pRIGt?vAl OFi1C1Al OOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER Ofi1CIALlY ENDORSED ;
GR CERTIFIED) SkAtt EE PIACED IN THE MANOS Of y110 MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and the evenl that any thereof is na ~
ua~d, sa+ ~(~cd •nd disc~uqrd sa d ldORTGAGEE may sf any time p~y !be same p~ny parl thereof withoui wsiv~ny or •i(echng any opt;on, I;en, eqvity w
•~~ht ~nder o~ by vir~ve o( ~h~s mor~g~ge •nd the (u~I amo~nt o~ each and erery such p~yment shall be ;mmed~erety dve and pay~ble •nd shall bear interes~
~•om ~he d~te thereof un~~l pa~d .•te of n~ne per ce~t~m per •n~um R e~he~ w~~h •uch ~nre.est ~h~tf he secvred b~ rhe I+en ot rh ~:owyraye. ~
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