HomeMy WebLinkAbout1788 ~s~ ~ i
?MIS INDENTURE, Mad~ the 1~'h day of SB~.@I~Br • q•p• ~q 7t b°h"'°°~
Doyle HuQhes sr~d Helen Hughes, hia rrife
oF $L• ~UCie Co~nty Florid+, h~r~inafl~? desgn+red •s tM "MORTGAGOR." and fIRSi fEUERAI S1~VINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ corpor~tion ap+r.i:ed ~nd exi~tinp unde~ IM Isws of tM Unittd 51at~s of Ametica snd having its principal pl~ce of
bufintst in th~ City of Fwt Pierc~, S1. lucie Counfy, florida, herein~ht~ d~~ipn+ted si 1M "N10RTGAGEE:'
WHEREAS tM MORTGAGOR i~ juUly ir~debted ro tM MORTGAGEE in tM sum of = gocd and lawful money of the Un~ted
Ststes ~dv~nced by ths MORiGAGEE unlo the MORTGAGOR, as evidencsd by a cert~in promiuory note of even dale herewith, oi wh~ch the iollowinp in
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0(iyur~s if a tr~s copY, to-wit: 1
V~ N, 3-17,386 ;
Fort Pi~rc~. Flwida, ~~@~r 19~LL
Fa valve received. I, we or either of us, promise to pay, withoul defaltation, to the orde~ of FIRST FEDERAI SAV'INCGS AND LOAN ASSOCIATION OF
fORT PIERCE at Fwt. Pierce, Flaida, the sum of s
Y~.m••~ w~~h intere~t irom date at the rate of 8~~96 per an~um, in month~y insall-
~nents as (ollows: f~1Y~W on the ~st d,Y or November ~9?~__ and s like sum on the cwrespo~d~ng dey of each month the~e-
aher umil thr whole be fully paid.
Each i~stelM~ent (irit ~hall bs appl~ed P+Y~~~ of ~he i~terest and then on the unpaid balance o( the princ~pal sum. If d ault it made in the
~~ayment of any irurallme~l when due, and such default caiti~ucs 30 days, then et the opti~n of Ihe holder, and without any other notice, all the remaining
~~~stsllmcnts shall be due and payable +t once. Privileye is g~ven to prepay this note i~ whole w in part at any time witnout penalty Neither torebearance,
nor accepNnce by the holder thereof aiter any default in any payments hereon, shall Ix deemed extension. A Iate payment charge of S~'90 _ shatl be
added lo each installment remaining unpa~d 7 d~ys afta its due date, end • tike sum shall be added to each s~ch installment remaining unpaid 7 days after
each sutteeding payment date.
Each makd, surety and endo~sen c~~eof, joindy and severally, waives demand, prese~tment proteit and notice ot protest for nonpayment, and f~rlher
ag~eea to ~ny extc~san of time of payment, either be(ore or atter maw~ity, withoul not~ce to eny of us; and to pay all cosls of collecfion, includ~ng • ~
reasonable attwney's fee in tht event oF any defauH hereunder, end hereby severally weives all benefit of homestead and exemption under the con~titution ~
a~~d :aws of each State of the United States, ss against this obl~gation or any extens~on o~ renewal hereof.
Witness the hand and seal of each partY. ' ~
g~l e t vbg S (SEAI)
(SEAL)
s/ Helen RLI~l@8 (SEAI)
cs~?u
( ~ 2 • ~ ~ State Revenue ~
~9rse„pr ~+nid+.e~ar er+yhAr~
NOW, THEREfORE, the MORTGAGOR iw tfie purpose of securing payment of ssid sum of S 8•~~•~ and the perfwmance of the
covenanti ~nd agreements hereinaiter expressed, snd for divers good and v~luable cons~derations, by these pesen~s, does grant, ba~yai~, sell, rem~se,
release, convey ~nd confirm unto the MORTGAGEE, itt sutcessors ar?d assigns, ell that certain bt, piece w pucel of I~nd, situate, lying, and being in the
County of ~~C~R ~nd State of Florida, dewibed ~s iollows: •
Lots 13 and llt, of Block "C„, of FCsE AND ?~AY'S RE-SUBIYIVISION, in the City of Fort
Pierce, Florida, as per plat thereof on Pile in Plat Book 3, at page 1t8, of the .
Public Rscords of SL. Iucie County, Florida,'~
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+ erhe~ w~th a~l ~nd singubr the teneme~ts, hereditamems ~nd +ppurtsnces thereunto betonging w in anywise appert~ininp therero, and •II rtnts, iuues, ~
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yoceedi snd prof~ts ~ccruing and to accrue from •+id premises, ~II of which are included in tM abov~ +nd fweyoin~ deunption ~nd habendum. ~
TO NAVE AND TO HOID tM abov~ desuibed •nd yr~nted premises unto the said MORTGAGEE, it~ sucutsors +nd as~ipns iorever. Md tM said
MORT('sAGOR fa ---~t---- E?e~~s, eaecutws, ~dministrators and assigns, hereby covenants with the said MORTGAGEE, its succsssws ar+d ~uiym,
rhar ---+~+~ri- ~e lawfully uized of the said premiaes in fee simple; that tM s~m~ a~e fne, ckar and dixMryed from all lieru a~d tr+cu~
.
c~enus in I~w o~ in equity, ~nd tMt_~~ will and their heirs shall w~rrant ~nd defend th~ titl~ to tht same to the taid ~
.'~ORTGAGEE, in sucu~sws ~nd ~ssi~m, fwever ~yainat tM lawtul claims and demandf of •II penons;
~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omiuory not~ Mreinbetae deuribad ~nd ahall truly, promptly
a~ fully p~?Iam, d~KINffJQ. lltKUtl, complNe, comply with ~nd ~bide by e~ch snd every th~ stipulations, apreements, cw?di~ions ~r+d COVMMh O~ ~~id
~~om~uwy nole and oi tAa Mortyaye, then this Mutq~y~ +nd tht Est~te h~reby created ~hall c~aN +nd bt null •nd void-
IT IS UNOERSTOO~ 1Mt tM wad "Mort~~pp" whNh~r in tM sirpul~r a plur~l u~ywMr~ !n thi~ Mort9ay~, th~ll b~ •iryula~ iF on~ only ~nd
~h~il be plur~l pintly and wva~lly if mar~ th~n or», and that ~M wad "their" e~ used anywMn in th~s Martyay~ ~MII b~ taken to me+n "hi~:. ..Mrs.•.
w"it?:' wh~rwa the conuat w implits o~ ~~ita. Alw, that wherevN the~e i~ • r~faenc~ io tM covtnants ~nd ayre~mtMi Mr~in conuined to ~ny of :
fhe p~rt~es hereto, ttr ~am~ ~Mfl b~ constrved to me~n w~ll a~ tM heirt. Ipal r~pr~s~ntativt~. ?ucc~siw~ a~d ~i~ipns (ei~h~r volunrary by act of th~
~ p~n~ or invofum~rY bY oper~tion o1 the I~w) 01 ~he ~am~ ~nd tMt the cov~nams Mrein comained ~h~ll bind ~nd th~ b~n~(its ~nd ~dwn?pes inur•
~ ~o the nspecti» h~u~. I~yal rprnenutiv~s, succ~ssors ~nd •adqn~ of tM p~rt~~s Mr~to.
- Md uid N4onp~pon. /o~ tMmwlvq •nd Ibeir FMirs, Ipal r~pres~nt~tiv~~, fucu~awf ~nd ~uiqns, hereby joiMly •nd wv~r~lly coven~nt •nd pr~
~o and wi+h ~M uid MORTGAGfE, ih ~ucussors ~nd assiym:
1. To p~y •II ~rw! sinpvl~r ths princip~l ~nd iN~r~~~ ~nd tM v~riout ~nd ~undty sumf of mon~y p~y~bl~ by virtu~ of ~~id {xonuuwy not~. ~nd Ihis
n.o.~qpe. ~~ch and ~rNy. p~omp~ly on tF~ d~ys rnp~ctivdy the ~~+n~ Nv~r~lly becane dw.
4. To p~y ~!1 ~nd t+npvla~ tM b:~s. ~~?~s~nt~. I~vi~a. li~bili~i~f. obli9a~ions ~~d ~ncumbr~nc~~ o~ ~v~ry n~~ur~ •nd kind now on ~~id d~urib~d
p•opaty, o~ th~t h~r~~ftH reNy b~ im~w~ed. ~~if~r~d. pt~c~d. f~vi~d, o? ~u~~s~d ~Mreon, a ~l~~t her~~l~~r m~y b~ I~v~ed w~~s~aed upon thit Mat9.
v~~, a tM ind~bt~dn~s~ s~cw~A FKr~by. ~KA ~Ifd ~YNy~ wl+~n dw ~nd p~y~bt~. ~ccordinp ~o I~w, b~la~ IMy becom~ d~linqv~nl. ~nd b~fa~ ~~y ImN~st
.~<<ci.~ p~ny Nn~lty ~ncuned; ANO INSOFAR AS ANY iMEREOi IS OF RECORD TME SAME SHAII dE VRUMPTIY SAtISF1EU ANO OISCHARGED O~
Df!~~Rp A?10 TNE ORIGINAI 4ffIC1Al OOCUMENi ISUCN AS. ~OR INSIANCf, 1HE iAX RECfIPI OR iHE SAi15FACTION VAPER OffIC~AIIY ENOORSED ~
CEp11F1E03 SNAtI SE PlACEO IN 1ME NANpS O~ SA~O MORIGAGEE WIININ 1!N OAYS NEXi Af1ER PAYMENT; u~d in th~ ~wnt 1h~t ~nY th~rMl is ^01 i
- ~.•.d. ~f~ed ~nd d~?tl,~~~d t~ d MORiGAGEE m~y n•ny n.n~ p~y th~ •~rrw a~~y p~~l ~Mr~ol w~~hou~ wuvmy w df~ct~no •ny pNtwn. li~n. Wv~~y o~
•~~n~ ,.nd~r p b/ vn?w ol rhn rr.~ny~9~ w.d ~M lull •movm ol •~ch •nd •v~~y Wth p~ym~nt ~h~ll t» nnm~d~~tely due •nd p~y~ble ~nA ~hall lH~r ~m~r~N
~•~wn d~~~ tM.~ w~hl p~~d ~~t~ 61 n~M p~. c~n~~m ~»r •nn~m •nd u,q~~h~~ w~~h wch ~nr~r~~t ~IR by Ih~~~~' • ~~wqu9~ .
~UOK~~ R16E
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