HomeMy WebLinkAbout2687 , , ~ ~OQ 03~
TMIS INDENTURE, M~ t ~ t th d~y of ~ i~~ - /1.0. 19~ 3~ betwNn ~
r=yweather Investa~ent Qo., I~i. a l~lorida? Cor~or#tion E
of S~. Lucie ~~~h F~p~~~, ~~iMitN desiynatcd ~s the "MORTGAGOR.'" •nd fIRST fEDERAI SAVINGS AtvD IOAN
ASSQCIATtON OF FORT PIERCE. • cwpor~tion oryani:ed and •a~~tin9 under the I~ws of tM Un~ted St~t~s oi Ame~ica ~~d Mvinp its ptincipal plac~ of
bu~uku in th~ City o( Fa~ Pie~c~, St. luci~ Covnty. Fbrid~. h~re~naf~er desipnat~d as th~ "MORTGAGEE:'
WHEREAS the MORTGAGOR is jv~tly indtbqd /0 1M MORTGAGEE in tM sum of 519~9~'~ 9~~ and lawfuf ma~ev oi the Um~ed
S~ares adv~nce.1 by tl+e MORTGAGEE umo th~ MORTGAGOR. ~s evidrnced by a cenain prom~ssay note o1 eYen date hrrew~~h, of wh~ch the followin~ in
~ s o~~.9 ~~~.~~ti . ~?w ~~y. ~o-w~~: 3-16, 878
,
~~~jjj Fort Pierc~. Flaida. ~~h ~9 71
_ For wlw receivcd, 1, we or eithe~ of us, prom~sep
to y, withouf def~lcatwr?, to Hx order of FIRST fEUERAt SAVIhGS AND IOAN AS50CIATION OF
~ fj]RT PIERCE a1 fwf `e'rce, Fbrids, the sum ori s- t
7Z~~'~ wi?h inrerett fran da~e at the ratc of~!?~°o pcr ennum, i~ monthly install-
Y "~enrs as fol!ows: - on ~he ~ 7th day of J~e 19._ and e like sum on the c.xrespund~ng day of each month 1Fxre-
e!trr uM11 the whole be tufly paid.
Y
~ Each instaliment !irat shall b~ app~~ed in payment of the interest ~nd ~hen on the unpa:~ balsnce of the pr~nc pal aum. If default is made in the
~ F~aymeM of a~y insta~lma~t when dus, and such default continues 30 days, then at the opt~on oE the hold-r, and w~thout any other not~ce, all the rrmaining
:ne~al6nents shall be dve and payable at once. Privi~eye is piven to prepay thit note in whole o~ in part at any t~me w~theul penalfy. Ne~t er (wrbearance,
~ nor acceptuxe by the ho:dcr thereof after any default in any paymeots he~ton. shall be deemed exte~s~on. A late payme~~t cha~ge of S_. shall b~
~dded to each i~staflmr~t remai~iny unpa~d 7 days after ib due dat~, and ~ like sum shall be added to each svch instalimeM remaimng unpaid 7 dayt after
~ each ~ucceedirg payicent date.
E~cl+ maker, surefy and endo~ser hereof, jointly and severally, waives demand, p~est~t~nent protest and no~ice of protest for nonpaymenl, and. furthev i
~ agrees to a~y extension of t~me of payment, either before or afte~ maturity, without nonce to any of us; and to pay all coats of coliection, includ:ny ~
~rasonable ano~ney's fre in ~he event of any default Fxreu~der, snd tKreby severalty walves all baie(~t o'. homestead and exemp~ion under the conatitutron
~ a„d laws of each Srate of ~he Un~ted St~tes, as aga~nst this obliyation a any e:teniwn a renewal hereof.
~ Witness the hsnd a~d acal of cach party. ~y~'AT~ INVSSTMBNr CO~ ~ INC •
Bys s/ Joes Feoni President ~Aq
~ ALtest ss anc e oni, Secretary ~,,u
1~ Corporate Seal Affixed , . ,
~ _ , : a .i 1 _ csE~u
~9.85 w___. ~u
( ) State Revenw , _ ,
~j NOW, THEREFQRE, tM MOATGAGOR fa tM pwpost of securiny p~yptept of said sum of S 19s~•~ ~nd tM perfamrnca of tM
covenanta and a9reements hc~einaftcr eapressed, and fw d'rv~rs ~ood u+d valwble coru~de?ations, by these presenn, does y~ant, baiq+i•~, sell: remise,
release, convey ~nd cqq(;rm ynto_ ~ MORTGAGEE, iri wccessors and assiynt, all lhat certain lot, piece ot pucei of Isnd, •ituate, lyi~g, ~nd beinp in tM
7L L11C ~at~ of Fbrida, dewibed a~ foliows:
County of
Lot 17, Block 21, RIVSR PARB - UNI? *2, as per plat Lhereof on
file in Plat Book 10, Page ?2, of the Public Records of St.
Lucie Coeinty, Florida, r
REC{tyEp = ~ ~ a IN PA"lIQ~ pF T1U(~
• aJE ON ClJ1SS~AMGIBLF PE .
1 C!
~ 1'" L U~~ U:~ %%^~•'~:A(VT TO CFIMi=R ?0724. AC~OF 191P~1.~~~
u,i S T/a Q. S7A~~P ~AX P.OG_R PoItRAS, Cferk Circuit Court
~ DOCUM~ENTA ~-r~
~ - tuutisti ~ aFer.t for DANIE! N. KNpYI?LES~ 1R
; o _ f~~~ 2 9 8 5 ~ si ~~k co~„~, r~ caiE~~or
~ ~ V CON?tA~li~A ~a ~r~_,ir.
€ pg.~eo~as ~ B~r
_ - .
~ n~mr c~~c
€
~
~
~
~ togetF~ with all a~d sinqvl~r tF~t t~nemenn. her~dit~ments ~nd spp~Na~ces ti+ere~nto btlonpinp a in ~nywiss appert+ininp thertro, a~d a!1 nnti, issws,
,°z proceeds ~nd profits scvuin~ and to ~cuue from iaid pemiset, all of wiiKh ue included in the abow and fwparg description ~nd habendum.
~ TO NAVE AN~ T HOID the abow describ~d ~nd ~ru~ted premises unto the said MORTGAGfE, its succe~sas +nd assi9ns for~ver. Md tM i+id
E
~ MORTG R f t'$ F+eirs, executws, ~dminist~atwa and ~uigns, berrby cov~ts with tht said MORTGAGEE, in successois ~nd usigro.
~t x~ll
~ ~Mt - lawfully se~:ed of th~ ssid pemis~s in fet simplt: tMt th~ sam~ ~re ire~, clear •nd dischar9ed from atl liero u+d ~ncvnr
s b.ances in I~w w in equity, and that it' will ~nd it8 hsin shall war?aM ud defend tht titl~ to the sam~ to tFN said
'v MORTGAGEE, in succeuws snd augru, forever ~painst the lawful cl~ims and demands of ~II persp+~;
PROVIDED. AIWAYS that if fhe MORTGAGOR shall pay ~rnro tM MORTGAGEE the promiuory not~ hereinbe(a~ d~acribed and shall truly, p~omptiY
= and fully p~rform, d~scMry~, eaecute, complef~, comply with and sbid~ ~y each and ~very the ttipula~ions, s~reements, conditiau and covensnri of wid
prOmiflpty nots and of this Mwtpaye, then this lMortyaQe snd th~ Estate h~r~by aeated shall ceas~ u+d be null and void.
y; IT IS UNDERSTOOD tMt the wwd "Mwlypor" whether ie the sinyvl~r or plwal anywhert in this Mort9pe, th+ll b~ sirqvl~r if oee only and ~
shall be plvral jointly snd ~ever~lly if mor~ than w», and that tM wotd "thcir" u uied a~ywM+e in tha Mat9aye shall be taken to mean "his," "hers,"
or "its;' wherewr N~e conte:r so implies or admin. Alw, th~t wherev~t thcre is a ~eferenct in tFk covenants and pr~emenb herein contairwd ro a~y of ?
ehe partiss htr~to, tht sa+ne shall be conitrued to me~n as vwll u tM h~in. Ipal rtpresentative~, successon ~nd ss~~pm (eithe~ vol~ntsry by ~tt of th~
par~ies a involum~?y by oper+t~on of the iaw) of tM sarn~ and that the covenann herein cw,uined shatl btrd ~nd rh. bsnefin and adv.nr.p.s inun
~ to tFw resp~ctiw F»"us, Ipal r~presentat+res, succeswrs and asa~pro of tht puties hereto.
/?nd s~id µort9apo~s, fw themse:vq and th~ir MKS, leyal rep~eacnl~tivd, wcc~swrs and auiqn~, hereby jointly ~nd stverally covenant and ayr~e
= ~o ~rx) with the wid MORTGAGEE, ;ts a~ccessws and assipru:
1. To p~Y ~II and singulN t!» prlncip+l and intersst and th~ v~riow and w~y wms of moneY paYebie by virtut of said pranissory not~. ~nd this
mwtya~. ~ach uid ewry. P~ornPtly on the days respectiv~lr ti+t same sewraily become due.
~ 2. To psy ~11 ~e+d sirgvla tl+e t~xes. aawssrn~nn, Iwies, liabiliti~s, oblpations and tncumbances of ~very naru~~ and kind now oe+ s+id dycr~d
~ p.optrty a that here~fter may be impw~d, suffN~d, platee, twied, or +as~s~ed ther~on, a that Mreaftr may be levi~d a assess~d upon thia AAort¢
~ pe, a the indebudnea ~ecur~d hereby. ~acA ~nd way, wMn dw ~nd p+y~blt. ~aordinq eo law, befor~ they become d~Iinqwnt, and befw~ any intaesf
~ enache~ a~~r penalty is incwred; AND INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SAiISFIEO AND ~~SCHARGEO OF
~ RECORD AN~ THE ORIGIHSAt OFfICUI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAFER OfflCUltY ENOORSED
~ OR CERTIFIED) SM/?U SE PLACED IN TME HANDS OF SAiO MORTGAGEE W~THIN TEN DAYS NEXT Af1ER PAYMENT; and in IM eveM that a~y thereof is not
pa~d, s~t ~fied ~nd d:xharged sa'd MORTGAGEE may at ~ny t~mt pay tM same or +ny part therso( wi~hout w~iviny w ai(ec~~rq ~ny option, lisn, ~quity a
•raht under or by virtue of this morrga9e and the f~ll ~mount of e~cA •nd every such p~ymem shall be ~mmed+ateiy due •nd payabte ~nd sMll bear ifllNflt
~.om the dat~ thereol umil pa~d st r~re ol n~ne per centvm ptr ~nnum and toyether w;th futh i~te~esr sMlt be secured by the I~en of th:s morytp~.
°~a~190 2~83
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