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HomeMy WebLinkAbout1277 C ~ ~ ~ 0 ~ ~i ' TNIS INDENTURE. Mad~ tAe_ 2~'~ day of ~~h A.D. 19 ?1_ , b.:t~een Jane~s H. Mendel, Jr and Mj ldred R_.~~]„~_j~g ~,ri fe ; , _ ; St . I,uc ie ` of County florid~, hertinaft~t detignated ~s fAe "MORTGAGOR," and FIRST FEOERAI SAVINGS AND IOAN } ASSOCIAiION Of FORT PIERCE, ~ corporation oryan;:ed ~nd •aci~iny und~r ih~ (ew~ of fM Un~red S~ar~~ of Ams~ica and having its principal plac~ of bus~r»u ln th~ City o~ Fwt Pi~rc~, S~. luti~ County, florida. IM(flfliftH dezlynated u tM "MO TGAGEE: ' ~ WHEREAS 1M MORTGAGOR is ju~tly i~debted to 1M MORTGAGEE in 1M sum of ~3 _ good and lawlul money oi the Um~ed Sfates ~dva~x~td by ths MORiGAGEE u~~o ths MORiGAGOR, ~s evidented by • terum proa~issory no/e of even daie hrrew~rh, of wf~~th tlro followinq in s~33 ~i"~,~,~4~~a ~s • nw cop~, ~o-W~~: ' 16, 93b l~V:J ~ Fa~ v~H~. Florid~, ~rch ?9 19 7~ Fa valve received, 1, we cx eilher of us, promise y, wiihout defalcation, to the order of FIkST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FvRT PIERCE at Fort Pi rce, Flo~ida, ihe sum of 33~~~'~ p °a pe? an~um, in mo~thly insrall- S - ~ wlth in~ernst irom date at the rote of .~S~.Q,' •~~rnts et (o~lows: pn the ~~~'h day of •'°.i t9. and a like sum oo rhe correspond~ng day of each month there- a~rer u~~il the whole be futty peid. Esch insraHmero first shall be epplled in payment of tM interesf and the~ on the c,npa:d balence of ~he !>r~n~lpat sum. If deiault is made in the F.~,ment of any insfallment when due, and auch defauh continues 30 days, the~ at the op~ion of the ho(der, and w~thout any other nor~ce, all the remaininq ~.sraltments shail be d~e and payable at once. Priv;leye is given to prepay Ihis note in whole or in part at any t~~ne wi~hou~ penaity. Nei er ( ebearance, ner acceptsnce by the lal~r thereof after any defautt in any paymen~s hereo~, ahall be deemed eYrrnsion. A la~e paymem charge o! 51~~~_, shal) be ~ddod to each instailmrnt tem~ining unpaid 7 days after i1s dw date, and • like sum shall be added ~o each such instaiiment remaining u~peid 7 days ~iter rach aucceeding payment date. fach maker, swety and endo~se~ heieof, joinlly and ttver~lly, waives dema~d, presentmrnt prote~t and no~:ce of protc~t for nonpay~~~ent, and fur~her agrees to any extension of time of paymen~, eithrr betore or aftea maWrity, without not~ce ro any of w; and to ~>ay aU costs o( co!fec+~on, indud:ng a r~-asonable attorney's fee in the event of any default herevrtder, ~nd hereby sever~Ny waire~ a!! benefit of }wmrste.~d and exrnpt~on under the constitulion .j~~d laws of each State of the United States, as agaimt this obligation p any exten~~oo or re~ewal he~eof, Witness the hand and seal of esch party. . s/ James H. Mendel, Jr. ~E~~~ - _ ; ~ ~ ~ + s Mildred R. Mendel tsEa~~ , (SEAI) ~50. ~ ~ - (SEAl1 1 SNt~ Revenw NOW, THEREFORE. ~he MOR~GAGOR fo~ the purpose of tecuring payment of taid sum of j 33~4~•~ and the pcrfwmance of the covenants ~nd agreements hereinsfter expressed, and for divers 9ood and valuabte considerations, by these prescnts, dxs grant, bargain, aetl, rem~se, *e!rase, convey snd confirm nto t MORTGAGEE, iri successors and auigns, etl tMt cert~]n Iot, piece or parcel of lend, sit~ate, lying, snd being In the County of ~t. ~CZe u~d Stat~ of flwida, dewitxd as fotlows: Lot T, Block Lt, THtMB POINT, as per plat thereof on file in Plat Book 10, Page ?9, Public Records o° St. I.ucie County, Florida, G RECE(YED ~JG~ IN P1IYNEM OF Tl~ . W STA-f ~ ~F L O R I D A ~E ON CLASS 'C ?t~(f1lNGt~~ p~~~ p~An, „ PURS(;AP(T TO C!lA~T:R 20)2~. ACTS Of 14i1. ~ F- DGCL3MFNTAD STQMP TAX ~ z _ P.OG'R POITRAS, qe~ Gra~ Court ~ - GPR-S'71 = o = as /~er.t for DP,1~lEl f~l KN0I~NLES )R N v cf ~r o~ ~ErEnec~~, - r S O I U= St ~uae Cour.t~ Tax Co~~ector • P.8.~90?~~ - By ~ c ~t Ct.~., DEPUTY CIERK fogether with all and ~ingular the te~ements, hereditamenb ~nd appurtances therevnto belonying w in anywise sppartai~in9 thereto, and alt rsnts, iuws, y proceeds ~nd prof~ts accru~ng a~d to accrue from said premise~, all of whicfi are included in the sbove and (ore9oiny description and habendum. ~ TO HAVE AND TO FIQIDi~ •bove described and yr~med premises umo the ~id MORTGAGEE, it~ successon ~nd assiqns fwever. Md the saW # MORTGAGOR (o~~ tt~ hein, execurors, admini:rratort and as~igns, hereby cwenanri witlf the said MORTGAGEE, itt successon ~nd ~ssipro, ~hat tIle~ a2~8 IswfuNy tei:ed of tlk said prem;s~s in f~s simple; tl?~t the same u~ (ree. clear and dixMr9ed from ~II licns and e~cwrr brancti in !iw a in equity, and that they will and their hein shal! wsrrant and defend t1x titk to the sam~ to tM Nid MORTGAGEE, its ~uccesso?s and auigna, fwever pai~st th~ lawful clairtn snd demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promiswry not~ hereinbefae dexribed u~d shall truty, promprly and fully perform, d~scharys, execute, complet~, comply with ~nd ~bide by e+ch snd every the itipulations, agreements, co~ditiom a~d covenann of said promiasory note and of this Mortyage, then thi~ Mortgaye and the Estate hereby ueated shall ceass and be null and wid. IT IS UNDERSTOOD that the wwd "Mortysyor" whether in the sirgular w plwal anywhers in thti Mortgaye, shall be singu(ar if ory o~ly and sh~(t be p(ura~ 'pintly snd sever~lty il mort than o~t, and thae the wpd "their" ~s used inywFKre in this Mortpa~ shill be t~ken to mean "his;' "htn," ~ or "ih," whcrever the co~text w implies or admits. Alao, tMt wherever there is • reftrence in the covenann and ~graements herein contai~xd to ~ny of fh~ putiea hereto, the same ahall be constrved to mean ~t w~lt ~s tM hein, iesat r~present~tives, successws and assiQrtt (ci~hei voiuntary by ac1 oi the pa,ties a involuntary by oprration of tF+e law) of tFx ~ame and tha~ the covenants herein contained shail bind a~+d the benefi~i ~r?d adva~tpes i~un ~o the respectire he~rs, kya~ rspreuntativss, successors a~d ass~yns of the partie~ her~to. /?nd s+id Mw~g+9on, fw themselves and their hein, leyal repreuntatives, successa~ ~nd assigns, hereby jointty and sev~rally covansnt ~nd ayree ro and with the iaid MpRTGAGEE, its successors ~nd ~ssipns: 1. To pay ill and iinpular the principal ~nd iro~rest a~d fM wriovs and s~ndry iums of mauy payable by virtve of sa~d promiasory nof~, and this i R+wtyape, each ~nd ~~ery, promptly o~ iFK dayi reap~ctiv~ly tF» um~ sewr~!!y become due_ ~ 2. To pay •II and sirpvla the uxet. ~ssesunenn, bviss, ti~biliti~s, obliyations and encvmlx~nces of ~very n~tura ~nd kind now o~ s~;d describ~d 1 propatY, a thar he.eafr~r may be impo~ed, suifered, Pl~ced, kvied, or •~sessed ther~on, a ~hat here~fter may b~ levied w~sseased ~pon tha Mwt9- ~ +gs, a 1l+~ indebtedneu secured h~reby. ~ach and every, wh~n dw and p~yabl~, ~ccadirg to law, b~for~ ~hey becpr,e delir?qwnt, and b~fort ~ny i~t~rat a+tac.hes or •ny penslty is incurred; AND INSOfAQ /l5 ANY THEREOf 13 OF RKOR~ TME SAME SHALI 8E PROM9ilY SATISFIED AND DISCHARGEO Of RECORD AND TME ORIGINA~ OffICIAI DOCUMENT (5t1CH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTIGN PAPfR OFFICIAttY ENpORSE~ OR CERiIFIED) SHALL SE PIACED IN THE HANDS OF SA~p MORTGAGEE WITHIN TEN OAYS NFXT AFTER PAYMENT; and in the event tMt any Ihereof is nof pa~d, sat"~fied and diuharqed ss'd MORTGAGEE may ~t any t:me paY tM same o~ ~ny pa~t thereof without waiving w affettiny ~ny option, lien, puify or •+ahr ~nder or by v~?tue af ~h~s mor+yaye a~d rhe full ~mount of each and ~vsry such payment shall be immedutety d~e and pay~ble and ~h~ll be~r intNat ~~om the dare thereof unril pald at rore o/ n~ne per centum per annum • tthtr w~th ~vcb inferest shall be secured by th~ lien of th:• morplp~. ~~~~1 1275