HomeMy WebLinkAbout2265 , 21.15~3~~
iN1S INDENIURE, Mad~ th~ ~th day of '~uly A.D. 1971 , bt~~~e+
Franklin H. Fi~iir and Marie B. Ba,ir, his wife
~f Indian River ~
tounfy fbr~da, h~r~~ftM d~s:ynated aa tM' A10~TGA~R. ~.i~ ~FIR~T~ FEDERAL SAVINGS ANU IOAN
ASSp~1/1T1pN Of FORT PtERCE, a capo.at~on orqu~iz~d snd ea~srinp w+dM t~e lawi of tln Unitid S~~NS of k~ Lnd Mvirg i~s principal p1~c~ of
b~su»ss in tM CW of W~t Pwrc~. S~. luci~ Couery. Flaida, Aa+in+itK d~sgM~~d tM "MKMIGAGEE:' ' ~
WHEREAS tM 1MORTG/IGOR is jus~ly iad~bt+d p th~ MORTGAGEE in 1M sum of i~-7'~~n•~ good and lawiul money o( ene Un:ted
S~ares sdvanceu by tht MORiGAGEE umo ttw MORiGAGOR, ~i wid~nced by a certain promiafory not~ oF w~o dita haswisA, of wl~kh ff.~ totlow~nq in
v~ordf an~ fiyw~f is a frw ~ppY. towit:
= i3,ooo.oo . . : e-~~, i9o
Fort Pi~?c~. Florid~. .1121 y 6~ 19 7 Z
fo~ value rcceived, 1, w~ w tithe~ of vs, promise ro psy, without di`~lca~ion, to the ord~~ of FIRST FEOERAI SAVINGS ANO IOAIV AS~.~CIA?ION Of
FORi PIERCE al fpt Pie~t~, flprid~, th~ sum of :1~~~0~~ with intere~t /rom dat~ ~t the rate of ~~_°o per ~nnum, in enon~hly ens~all-
~nentf af ~p11pWf: = Iv~ on tM 1 S t~y o f Sept ember ~ 19 ~ed a likt ~wn an ~he cwrespa+d;nQ d~y of exh monrh ~here-
strer vntil ~he whde b~ f~lly paid.
Each i~sulir,~e~t firsr shall b~ applied in paymenl of fl+~ interest and then on the unpaid balance of the p~inc~pal sum. If defaulf is made in .Ihe ~
~~a.~nent of any ins~aUm~nt when dw. a~d s~ch def~ult continues 90 days. th~n at ~he opt~on of t1v holde~. and wiehout any othcr notKe, all tAe rema;n;n~
~~sra!lmeros sl,~llpe
d~ue and payable at axe. Privit~ is yiven fo pr~y Ihis note i~ whole w in p~rt at u?y time without penafty. Neithc? faebearance,
r,or acceFt~Rce by the holder the~eof afte~ any defavlt i~ ~nY p~Yme~~s hereon. sAa~l b~ deem~d ~x~eruan. A Isfe ~~yment tMrge of S-S • 4 5_. ~hsll be
added 1o each i~s~allment remaininp unpa~d 7 days ~ftsr in dw dat~, and ~ lik~ sum shalt b~ a~ded to e~ch such instaifinent remaining ~npaFd 7 days alte~
each succeedinQ payment dafe.
Exh maker, swety and entlwae~ hereof, jointly and uveeally, w~ives demand, presentme~t protest and notice of proleat iw nonpayment, and fu~tlKr
agreet tp any extension of time of payment, either beFor~ or afte~ maturity, without notice to any of us; and to pay al~ costs oi co;teci~o~, irxtud:rq •
re=sonabte a~torney's fee in ths avent of anY detault he?eund~r. ud Mreby uverally w~ives all benefit of homeatead and eaemp~~on under the constitution
.+~+o taws of each 5tate of ~M United Sutes, as ayainst this oWiyatioo or any ~xtensioo.w rentwal hereof.
Witness the h+nd a~d ssal of eath party.
s/Franklin H. Bair ~~u
cs~Au
s/Marie B. Bair ~u
~ C 19 ..SO ~ st,+. a.v.nw ~'u '
NOW, THEREFORE, tM MORTGAGOR for th~ pwpou of secvriny payn~,cnt of sa~d swn of ~ 13 ~~0 , and t!~ pe~formance of tM
covena~y ~nd ag~eeme~y her~inafter ~:p~eued, ~+d for d'ivers ~ood and v~1~~bb tw?sideratiwa, by tAese presants, does ~rant, baryain, sell, rem~ae, -
reteast. conwy u~d confirm unto th~ 11~IORTGAGEE, its avcusso~s u~d ~ssip~s, dt that cert~in bt. piec~.or p~rasl of lu+d, siwat~ lyinp. and be;ng in the
~~y ~ St . I,L1C 1 e ~~~h of Florid~, de+crib~d a~ fdlows:
Lot 21~ Block 127, l.akeivood Pazk, Unit ~i10 as recorded in the Public Records of ~
~t, Lucie County in Plat I3ook Il,pages 29A~ 29B~ 29C and 29D~
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~ = Jt1-T71 _ R~'~t~,~~~ ~~Q~'S•G ~to~ ~
~ ~ ~ ~ .7 5 O = ~~AS~4'°~~ ~~r~'~~~4~~~~~ O~~
DE'T.Cf C_:i:,:~
~~.1SJi12 ~c~ ~~P~ar`~~J~
8S `ut?e
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raqNFw with aN and siegvlu th~ t~n~n~nts, lw~am~nts and ~ppvrt~nc~s N»rwnb b~brginp a in ~nywise appataininp thae% and dl rton, ;su,p,
weceeds and profin acav~np ~nd to ~ccrw iran said premiks, all of which are indudae! In th~ ~bo+~~ ~nd fwpoirg d~wtption ~nd Mbend~xn.
TO HAYE AND TO MOLD Nw above d~au'+bed and ~ru?ted pr~rnu~a unto fM aaid MORTGAGEE, iy wonawrs ~nd assi~m forewr. Md tlr wid
ttl@1X
MORiGAGOR fw Irin, e~cvton. ~dministratws u~d au'gns. F~eby covMants with th~ said MpRTGAGEE, its succ~sson and as~ipn~,
tr~t they are ~ ~ Nd
y ` premis~s in f« sirnpl~s that thf sai+w a~ frN, cliar u+d discl+a~y~d fran all liens and N+cum-
b.ar,ces ~n Iaw w in pu~ry, and rMt t••ey will and their ~;n ~ha11 warranf and d~fiend tht tifl~ b th~ sam~ w th~ s~id
~AORTGAGEE, ib successon and ~sspns, fonver ay~ina tFr lawful ctaiem ~nd d~mands of all pKSOm;
PROVI~EO. AlWAYS that if tf~ MORTGAGOR shsll p~y unto tht MORTCsAGfE tM promiNOry not~ h~r~inb~fae datribed and fhall truly, promptly tt
u+d futlr periorm. d.~du~, e:~cute, eomPbN, canplY wnh ~nd ~bid~ by ~ach snd ~rKy tM stipulations, pr~r~eon, condiriom and cownanb of said ~
p.om~saory note ud o! this AI1wt~ap~, t}w~ this Mwpag~ and tM Eaat~ her~by v~atd ahali pas~ and b~ nutl and void.
IT 15 UNOERSTOOp th~t tlw word "Mw~payor wMtiw? in ~i~s sinputa a plw~l ~nywlwr~ in tirs MortQp~, sM11 b~ s;npvl~r ef ont onljr and ;
sl+d: be p~wal joirnly wd Nwrdy if nan th~n on~, and riyt tM word IrK" n.wed a~ywMr~ in thia Mortpp~ sh~ll b~ t~k~n ro m~~n ..bis,~ ..h~n
i
w"in;' whsrw~? tht cont~at w~mpl»s a ~dmit~. A(~q, tl+~t wMr~v~r the~~ k• r•f.?.nc. tn ~M cov.n.nn .r,d p..•m.nn M+ein coe~a~,ed ro.ny o1 t
rh~ pa?~ies herero, the ~~M sh~ll b~ conatrwd b mtan w~l! q tlw h~in, lpal npr~s~++rniws, wue~wn eod ~aipm (~it1?N volumwY bY ~ct o~ tM i
p~.r~a w wwolunary by op~.arion of iM I~w) of rh~ w~r and rMt ~h~ covMann h~r~in cont•iMd ~i?.II bind ~nd rFw b.n.M~ md ~dv~n~.pM ;n~x~ }
~o e!w re~ai,r~ h~rs. Ipat ?prew.n~tiws, waa~on N,d ~u~ oi tM p~ni~s Mr~to. _
Md a~id Mwqaqor~, fa tl~eeaelv~s and th~i~ lywa. Ipal rp~eNnlatFw~, wcuuon and ~uip+~. Ms~by ~oir?tly ~nd w~~r~lly covMa.~t ~nd a9r~e
+o ~nd wirl~ M~e wid MO[TGI?GfE, in wcc~s~on ~nd ~upro:
t. To pay ~11 ~nd sinpvl~. ~M prine~I and im~.~st ~e~d fi» vuiow ~nd sundry wrt~ of moeMy p~Y~ by v'wtw of uid pranisw.y not~. and th~
~+onqp~. «c1s ~nd .evKY. O~a^D~~Y on th~ d~~n ~t~patF~dp 1~w ~~nw Nwr~lly b~co~n~ d~. '
2. To pay N1 ~nd ~k~pvla Ar uaN. Kw~rnNr?n, bvln. Ii~biliriN, oblipations ~nd Mevmb.~euN of ~wry nanrr~ ~nd kli+d now on uid daer~d
D~~r, o? rhN Iw~~ftN ~+?~r b~ impowd, wff~r~. p1w0. Iwi~d, a~w~sNd tMrwn, a tM~ h~ndt~. m~y b~ bvi~d o~ w~sa~d ~rpon 11~U Mw~¢
p~, a th~ led~bt~w s~evr~ Iw~by, wd~ ~ w~r, wlwn dw and pay~bb. ateordinp to t~w-~Ia~ ~My b~eom~ dd~rrqwn~. N+d b~t«~ sny intMNe
~rr•cMt p NIy pfM1~ f/ W1(Wf~; ANp INSOFAR At ANY THERE~f IS Of RKORO IHE SAME SNAII dE iROMVTt11 SATISiIED ANp b1SCMARGEO OF
_ RECOQD ~?ND iME ORIGINAI OfiK1Al ppCUJ111ENT (SUCN AS, fOR INS~A?~iCE. TME iAX RECEIPT OR THf SATISfACT10N ?APER OFFICIAlt1f fNOpRSEO
_ C~ CfftIflED) SNALL dE IIACEb IN 11tE NArVpS Oi SAIp MpRTQAGEf WI/HIN 1EN pAYS NEXi /1fifR iAYMfNT; end in tM ~wn1 li+at ~ny /Mrp1 i~ rq~
w~. s~~ ~f,ad ~nd d~~cMrpd u-d MORTGAGtE nwr ~t ~ny ~wn~ p~y d» a.ey p..~ ~M~eof wl~hou~ w~iv~np o~ •Il~c~inq ~ey o~rtion. lie~. puiry w
•pM ~nd~r_w by v~rrw o1 thi~ mw~yp~ ~nd ~M full arwun~ o( ~~ch •nd ~v?y wch p~yrnM~ ~h,ll b. ~mm.dai•ly dw ~od {»y~bb ~nd tlulf 0~N MtNIt~
i.a+~ Mv d~r~ ~lwr~ vnul pa~ rd~ 7i mn~ pN c~nw~n p~r ~my~ ~ndJ~~ w~tl? ~~n1.~.'t s1.~11 b~ Ntu~~cl br tM I~en of ~h • mwp~p~
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