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HomeMy WebLinkAbout1403 ~ - . Tfi15 INDENTURE, Madr th~ daY pf ' A.D. T9 bctwssn - James J. s ah Ilu Y D_... I~os,`hi4 w~ of St. LUC~@ C~~y f1orW~. Mnfryh~r dpipn~t~d ~s tM "MORTGAGOR," and FIRST fEDERAI SAVINGS /1ND tOAN ASSOCIATION Of fORT PIfRCE, a corpa~tion orpaniud ~nd ~xa~inp u~d~r tM laws of tM Un~t~d S~~~N oi Am~rka and Mvkp IM prlncip~l pl~u of buwws~ h th~ City d Forf Pi~ra. S~. lud~ Couety. fbrid+. lw~~+ahK daipn~hd u fh~ 2JY3 RT~O E~ YYHEREAS tM MORTGIIGOR i~ juatiy i~d~bqd to thr MORiGAGEE In th~ ~vm o/ _ ~ • 9ood ~nd lawiul moMy of ~he Uni~d Sr~t~a aclvancyd py t1w 11I1pRTGAGEE w+to tM MORTGAGOR, p~vkbnc~d by a tKtai~ promiuwy nole of ev~n dat~ h~r~with, of whKh IM ~oliowi~+p in wor~3a~d_ _ i~wy~is • t?w topY. Ip~wit: _ ~000. 3-16,982 For1 PIKC~ FIaM~, April 13, ~9 71 fo? v+lut ~~ttiwd. 1, w~ a tFtlK? of w, prpniat 1o/~ r, witho~rt d~f~lution, fo the oede+ of FIRSi FE~ERAt SAVIN.~G~S~ ANQ IOAN ASSOCIAIiON Of ~ FORT i1FRtE ~t Fpt iua, Flwida. 1M wen of =~3~~""•~ with intareit i~om d~te a1 th~ rate of _.lsi.7r. per annum, in monthly inst~ll- ~~c ments ~t folbws: ~ ~~9•~ on the ~~~'h d~y of J~ 19_.[_! and • lik~ swn on ~M correspoc?d~r~ dar of ~ach month t!»«- ~ aftrr until th~ whob bt fvlly paid. Each installment f'~rst aMll b~ applied in paynwnt o~ tM infK~tt ~nd ?kc~ o~ rhe unpa~d balance of }he p.~nc;pal sum. If def~ult is madt M 1M ~ Pav~t of ~ny installm~nf when du~. and wch def~uh cp?tinvN 30 days, thsn at tM op?ion oi the hotde~, a~d without any other notice. all the r~maininy [n~tallaw~?1s shall be dw u~d payabl~ at onct. Privilp~ is 9iwn to p~ep~Y this eot~ in whol~ o? io part at any time withou~ pen~lty. Neifher1 -forebearurc~. ~ nor sccepbnce by th~ holder thKeof afta ~ny defauh i~? any paym~nb hereon, shalt be dcemed extention. A late payment chargs of s 9•4~~ ihall b~ ' added b exh installms~t .emaininD unpaid 7 days ~ftN fM dw d~t~, and ~ lik~ sum shall be ~dded ro each such installment rertNinirq unpa~d 7 days afttr ~h a~e~i~q WYmeM daf~. ~ Eath makN, sw~ry and N+doraer Mrwf, jointly a~d ltvtwlly, waives demand, presemment protest ~nd notice of prote:e iw nonpayment, and funhe? ~ ~gn+s b any ~xtensiw~ of tink of payment, either be(or~ w afiK mahuiry, without notice fo any of va; and to pay all costi of coltection, includ~op a ~t r~asw~ab{e attwney's fee in the evcnt of any d~fault lr~wndK, ~nd Mr~by s~ver~lly waives all benefit of homestead and exemplion under ths cwutitution a~+d laws of ead+ Sut~ of tM United States, as s~ainst rhis oblgatiw~ or any ~xtension a?enewil hereof. ~ w~rrwu rh. hsnd .od ,s~.~ of ..cn P,.q•. . J•~ ~~O ~ (SEAq Audre D. os ~U ~ ~•-L-_--) Stah R~v~w ~ ~U t ~ ~ NOW. TFiEREFORE, tht MORTGAGOR fw 11» pwpwe of securi^o WYn~~nt of s~id wm oi = ~3~~~•~ ~ and N+~ pe~formanu of N» cov~nanM ~nd apreeme~+b hereinaftN ~:pressed. and ta d'iwn yood and wiWWe coiuideratio~s, bY theH pesenrs, dws p.ant, buyain, s~tl, remiis, ~ rekase, oonvey and confi?m ~rnro tFN 1NORTGAGEE, ifs woc~saors w?d ~sfi~na„ dl 1Mt c~rtain 101. piec~ or puctl of land, sitwt~. IYir+p, ~nd b~irg in th~ Covnhr of St. LL1Cie «d St,t~ of flor•d~, dNaib~d a falow~: Lot 5, Block ~l~3, P0~'P ST. LUCIE, Section 10, as per plat thereof d9• on file in Plat Book 12, Page/~9-C, Public Records of St. Lucie County, Fl~rida, p0 ~ ~ IN MY1AOtT OF TAXES . pJE ON C1J1SS IIR . N1R3ttNf~ TO ~~IArT~~ Z072~. ~1l4~• W S 1 N 1 r' r t- t_ v R! U A ~If ~~ff WN[ ? z DOCUt~F(•lTA~='- ~TA~P TAX ~ ~ ~ ~a ~ ~ = n~r~r?i :~~~.~~~~.t~~ ~ 3 4 5 G= St' ~"d' C~ tu cM~or fA V ~~ef*F?~sE~!E~i~;~"'~ ' ~ ~ P.B. ~qoua = - - - 0@uir Qtaac rc~stMr witl? •II and sinyulu th~ h~n~ri. Mreditanwnts and sppirf~ncss tMrwnto b~lagirg w in aoywbe appMaininp Nkrs~o, and dl ran». i~sws, proc~sllt and ptofiri ~cao~rg «d w acaw hom s~id pNnis~s, all of wl~id~ are inclvded in the ~bow ~+d fw~poinp dew~rion snd hab~ndunw ~ TO HAVE ANp TQ~NQ~O th~ ~bore desuib~d ~nd y~ant~d pr«n;s~s unto tM s~id MOitTGAGEE, iM s?xc~ssors and auiyn~ faww. Md IIw said t MORT~ {a L ~P hein. ~xscutors. +dnw~tarrawn wd assipns, h~r~by eovena~n with ttr ~sid MORTGAGEE. in wa~twn ~nd astipey, i rhar -_'_Y a~ I~wfvlly aeized of ~M said pr~ap In fN sinplet th~t tM sw~e ~n frM, ctw and d'acl~arpd froen aIl liMS and ~naw~s tr~.+cN in I~w a in puity. and th~t t•}l~y will ~nd their heirs ~haU warrint ~r+d d~i~nd sh~ titb b th~ s~ b tM ~aW MORTGAGEE. iK wcoes~as aeid assgm, fawe~ painst th~ lawful tlairM ~nd d~mw+d~ of afl p~r~ont; PROVI~ED. ALWAll3 MN ii the MORTGAGOR ~hall pay una the MORTC~AGEE th~ proma~wr ror. herek~b~foh d~wib~d and sh~ll truh. P~~+P~b •nd fvlly pe.~oren„ d'ad~+rp~. ~xawtt, eompbM. eanpiy wi~h ~nd abi~l~ by ~ach ~nd ~vwp th~ si larioro. w~r note «d of this Mwyape, then this Mwspap~ and th~ btn. h~r ~ p`•+m~•~a, cond;riora and oov~r~ann ot s~id eby uNt~d shall c~as~ and b~ rwll and void. IT IS UNDERSTOOD tt?~t tht word "Mortpapp" wh~the~ in th~ sinQulw a plwd ~nywi~t~ in Mis HAortyap~. ~II b~ sinpulw if a+~ only ~nd sh~U b~ Vti+~+~ I~~Y u~d sever~thr if mw~ Nun on~, and thaf rh~ word "their" as w~d ~nywMre in ths Mo.~y.pe shsll b~ taken to m~an ••!wn or "ies." whe.ew~ M» sonuxr so Mnplia w admi». Abo tl?~t w1+Neve? ther~ r•f..ena tn rM cow+wnn «d pr.em.r?n h.r•~n eom•in.d ro ary d rhe pwfi~s Mrsa. th~ sam~ ~h+ll oonst~wd ~o mtan a w~tl as the hein. 1eya1 r~pKenutiwi, wcc~uon a~d auipna (~ithN voiw+ury bp act of N~ panies a inwoiun~~.~r b~r op~rs~an of th~ bw) of tfw sarn~ and tlut Me cor~nann h.r.ir? com.in.d sh.ll bind a.d rh. ba~.f~n a~d .dvaruapM Inw~ eo Me r~sp~ctivr h~irs. Mp+l r~aa?~~~iws, M+aes~ors and as~er of Nw pwtws Mreto. , Md said Alionqaqo.s. for tMmwlv~s and their Iwirs. Iprl r~p~w~+at7vM, wcc.esson ~nd assipra, i»reby jointly and ~evs~~tly cov~++u+t and pr~ ro and wit4~ the wid MORIGAGEE. its sva,~s~ws and assqrr: I. To psy ~tt and s+npvl~r the principal-ard im~rest and the vaiou~ ~nd wnd~ry sums of mon~Y P+Yabl~ by vkh,e of taid promi~wry noh, aad tM~ mortpap~, wch ~nd ~r~ry. P~~h? on th~ d+ri ?asp~tnnlp 1M~ s~ kwr~llp b~com~ dw. Z. to pnr all u~d ~inp~rtar th~ t~xea. +s~s~NMS. bvi~a. Uabilities, oblip~tia+s u+d ~na~nbranps of w~ry natur~ ~nd kind now on ~aid dNCr~d P~~h, a that he~eafse~ may be impo~~d, wHa~d, pt~ad, 1wt~d. or aeas~d thsr~we, or tM~ hsru0~tr ma~ b~ bvi~d a ss~sd upa~ tW~ Mortp~ ape, o? 1M Y~d~bwdr~s NtvnA ha~bp ~~ch a+d wNy, wh~n dw ~nd p~y~bl~. ~ctordirg to I~wr. b~iw~ they b~ton~ dNinqwM. ~nd b~fot~ any MNaNI •n~thes or any psn~thr is incwred: APW INSOfAR AS /?NY tME1tEOF IS OF RKOR~ THE SAAl1E SHALI 6E PROI{MiIY SATISf1fb ANO OiSCMARGED Of RE~ORO AHD 1F~ OR~GIM1. OFflGAI DOC(/MENT (StICM A5, FOR INSTANCf, THE TAX RECEIPT OR THE SATISfACT1pN PMER OiFICUIIY ENDORSE~ OR CERTIFIEO) SHAU !E PlACEO IN TME MANOS pf y?ip MORTGAGEE W1TNtN TEN OAYS NEXT AF1ER YAYMENT; and in tM twe~t thN w~y tl+a~of h nw p~~d. ~a~"~fi~d a~d discMrped aad MpRTGAGEE n+~y ~t any twne p~y tM w~ny p~rt rher~o/ witlaut w~iv;rq o~ ~ifedinp ~rty option, li~e~, pvity or •~pM under a by vwtw of thn mo.~ype and tM f~ll ~t of Nch ~ evay wch p~~m~nt ~MII be ir~dNt~ly dw ~nd pay~bb and ~MII b~w imK~st s.om tFw d~fe fl~sof ~rmil pa~d a r~t~ of n~ne pe~ c~ntwn qr snrwm u~d tope~her w~~h such int~r~s/ ~hall b~ wcw~d by the ii~n o/ th:s muqtsp~. . ~ t . ~ . r~ ~ r ~ . _ ~ . ~ _ ~ ~ : ~ -~-~,~,1.r ~ " _ A „ _ . , ~