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HomeMy WebLinkAbout0768 ` , - 21695~ ~ ~ TNIS ~hDENTURE. Mads the. 8th _ day of ~tObel - _ A D. 19 71 br~~ern ' ~na~d g. Damon and Ellen A._ Damon. his pife of St• 1-uCiE-' Co~nty F~orida. here~nafter deay~»1rc1 as the '"h',JR!G:~Gi>R '.1•:~S f~:ST ~fDtRal SAVt^;GS AhD IO~N ASSOCtAT10N Of FORT PIERCE, a corpa~ahon o~genited and ea~st~r;g under the la~vs ol ihe Un.erd S~a+vs of A~~:er,ca and hav~~~g ~ts pnr:iipal p:a:e of bus~nes~ in the City of Fort P~erce, $t Lucie County, Fbrida, hereinaiter des~gnated as the "'~ti10RIGAGEE." WHEREAS the MORTGAGOR ~s ius!ly indabted to the MORiGAGEE ~n tF,e sL~~ of g_ 19100~•DU , c~o.~d a~~d !~..f~i „~o~~ey of ~h~• Un ~ed S~arr• ad:anced by the 1~!.7RTGAGEE ~r.+u the ~\IJkiI,AGI:R: as rv~.lrnc~•d by a cer.a n( rom asory n:!r of r.rn dete t~,•~rN~!1~, ot ,nh:h r c fo~'o,nu~g in ..ords and fi~u~es ii a true copy, to-MU: s 19~000.00 No 3-1~.49s fort Pie.ce, F;or~da, ~tober 8~__ ~9_ 71 for valve rece~ved, 1. v.•r or e~ther of ~s {~ran~se fo pey, w~~hout drfa!c~~~o~~. ~o the ordrr of FIFiST FED:RAL SAVINGS AND IQAN ASS~~:IATION O~ fJRT PIERCE ar Fo~t Pierce: fiorida, the sum of 5.19 ~O~~Qn _ N,~tli in'~•resr fro+n data at the• ratc of 7~750 ~:r annur.i, in mon!hiy instail- -~rn~s as ro:~~„,,: s 156.~ p~ ~he __15t_ day ot ~ember , 19 71 anJ a Ll.e w:n ~n Tt,e cor~rspwid.ng dey of e3.fi mon~h there- e•rrr unt~l thr whe:e be fuiiy pa~d. Each ~nsrelin~em first ~heli be app' ed ~n paymenr of tha interesr and fhcn on the unua~d i,a'ance o~ •}:e pr~~x ~;al svm. If d ault is made in the ; a,mrnt of any ir.sra iment when due. and s~th dr!au:t cc~tinues 30 days, then at tne c~ !:~n of ~he ho,der, and w~~h.~,~t any otnrr nu+,ce all the rrmain~ng .~,StalimeNf sha~~l be d~e end payab:e at oncr. Pnv~izge is g~ven to propay this note in whoie or in part at any t~n~e w~thcut penaity. Neith._r forebearance, ror accepta~ce by the ho~der the~eof after any defauit any payn.en's hereon. sh:i;l be d~•~~rhed e.frns~on. A'are ~~3~ment ch,:r~= =i 7 a8Q_, shall be -:iied ~o eech ~nsra:~rnent .emein~ng unpa.d 7 days ai~er its d~e dafe, and n i~?e s~m sh;ll be ad~~•d to ~•.~:h s:,:h inital~:neM rema~+~ing unpa~d 7 days aftrr each sucteed~ng payn:ent date. . Each maler, sure!y and endorse: he~eof, jo~ntly and sevcral!y, wa~ves drmend. presenhnent Nrotest end not~ce ~~f p+otest for no:~payrnent, and fuitfier a?rees to any exrens~on of t~~ne of payn~rnt, e~ther be~ere or af~rr ma~vr~~y, v~~~ho~t rcr,ce fo an, of us; a:~.i ro pay ali cos~s o9 co tecr,on, inciud.ng a r,w:~~b!e at!o~n~•y's fce in the e~ent of any defao't hereundrr, and hereby sr.e~~ 1y .,,a~.es ai~ oeref~t of ho~•,~st~ad a~~d e¦~mpt~on undcr the const~tution ~ d laws of each 5!ate of the Un~ted Stares, as aga~nat ihis ob~:gat~on w any e,rrr.s:on cr renrr.al hc•eof. ; K~i~ess the hand and seal of each partv. ! ~DQ~ald Dacoan (SEAI) (SEAt) " s/Ellen A. Damon csEAu ; S28 SO (SEAU ( _ • State Revenue i ~9 000 00 NO'JV, THEREFORE, the MORTGAGOR for the purpose ef aecuring payment of sa~d sum of s ~ • ~ and the performance of the ' covenants and agreeme~ts here~nafter eapressed, and for d~wers good and vaiuab~e cons~drrat;ons, by these preaen!s, dces grant, barga~~, se 1, rem;se, ~e:ease, co~vey and confirm unto the MORTGAGEE, its succeswn a~d ass~g~s, all that crrtain lot, piece or parcel of la~d, sit~ate, lying, and beirtg in the : ~ou~ty of St. ~.L1Cle end Smte of Fionda, descr~bed as (oI!ows: : The West 18.6 feet of Lot 2, all of Lot 3, and the East 18.6 feet of Lot 4, Block ~ 1, MERRIWEATHER PARK SUBDIL'ISION, as per plat thereof on file in Plat Book 6, page ' 16, Pub2ic Records of St. Lucie County, Flozida, t :F ? - W ~ r_ r~ rl_1.~~-~lJA = c.~ ~ _ T~`C _ ~ v~~1 :2'iI ~i~~+, At _ , ~i `f ~ I, O ig{,.~~'•°j2 ~ 5 ~ - _ - - ' ~e~:R~r~ ~ ~ 1 ry~S N u . . ~~Y' ~ - ~ _ C . , ;i i~LE ~ r r,s~ . ~P . i ~ - l ; ~ i'; _~ti~, ' t. ~~._,~•;T T~, . -.'P N~_ 19J112 - _ ~ - - i. F~ ~F i-' • - j !:~n Y.1i'1.1i, ~ _.f~..S ~.i'.1 ` h c~~~ . . _ .:~~i~ _ _ !!Z. i _ C~ ~ . i . ~ _ ~1 / _ ~ _ . rogefher w~th alt and iingular the tenementi, hered~raments ared •pp;:::ar.cr: thereunto belong~ng w in anywise ~ppert~i~ing thereto, a~d all rents, istves, o•oceeds •r,d pref;ts accruinq and to accrue from said prem~ses, all of wh~~h sre included in the above and fwegang descr;ption and habendum. TO HAVE AND TO MOID the above dcscr~bed snd gr~nted prem~ses umo the said MORTGAGEE, it• succeswrs and ~ssigns forever. And tM said ' MORTGAGOR fo~ thelr------ hefrs. eaecuTOrs, admin~LNa ~rs ~n~ ass~gns, hereby covensrtts w+th the said MORTGAGEE, its •uccessws and ~ssyns, _the a re - ~hat - -Y-- lawluliy se~zed of the said prem~us in fee simpie; that the same are 4ree, ctear •~d discharged from all Gens ~~d ~ncurtr orances fn law or in equ~ty, and rhat__. t~_ will ,~d _ their heirs shall warrant •nd defend ~he titte to the tame to tFie said - MORTGAGEE, its successo~s snd sss~gns, iore.er egeinst +ne lawful cla~ms and demands of •!1 perso~s; PROVIDED, AlYlAY$ tMt if the MORiGAGOR ahalt pay unto the MORTGAGEE the promiswry note he~e~~Mfc+•e descnbed s~d shsll vuty, promptly and fu~!y perform, d~xharge, exccute, comp:ere, compSy N,rth and ab:de by e~ch and every the s?~pular~ons, agreements, cond~t~ons •nd covenants of sa~d prom~sswy note s~d of th~s Mortgage, then th~s Mo~tgage a~~.i the Es~are hereDy created •hall cease and be n~ll and vo~d. IT IS UNDERSTppD that !he word °Morrgagw'" whether in the s~~gui~r w plural ar.ywhere in th~s AAo~tgsge, shall be singvlar if one only u+d ihall be plur~l joinrly •nd several~y if rtwre than one, and that the wwd "tt+e~r" as used anywhere in th~s Mor~gage chall be t~k:r. sc .:.san "his," "hera," = w"~rs,° whereve~ the <onrext so ~mpi~es or admrts. Aiso, that vrherever there is a reterence in the co~enants and a9roem,ent~ here~n confa~ned to ~~y o( ihe pa•Hes hueto, the sa:ne ah~f1 be coni+rued To mean as we~l as the heirs, le9al representatives, successws and ass~g~t (a~he~ vo•ur.tary by act ol the - parties or involunt~ry by oper~r~on of tfie law) of the s~me a~d that :he covenants here~n conta~ned ?hall b~~d •nd the be~ef~ts and arlwntagts inure ro ti~e reapective he~rs, tegal represenfa~~ves, wccessors a~d •ss'gns of the parnes hereto. - And said Merigagors. ~o+ themselres and the~r heirs, lega! rep~esror~nves, svccessws and +~s~gn~, hereoy io~ntly srd tr~!«~!y co.enant and ~yr~e - ~o and with the sa:d MORTGAGEE. ~~s successors and asugns: :=i - 1. To p+y snd s~nguter ihe pnncipef and ~nreres! and ~he vanous a~d s.;ndry s~ms of mor.ey paya5~e by v~rWe of sa~d prom:tiwry note, and ;hit = mo~ryaye, each and erery, prompily on rhe days respea~wely the same uveraliy become dve. To p~y a!I and s~nguiar the N¦es. assessments, Iev~es, liab~~~t~e~, oW~gatians •nd encumbi~nces of every n~t~re •nd kind now on ssld descr~beE - property, or th~t hereaher may be impoaed, wffereA, plKed, Iev~ed, or •uessed thereon, p Ihat hereafrer m~y b~ lev~ed p assesscd upon this Mwt9- = ay~, a tF+e indebfedness uc~red hereby, each ~~d ere?y, when due •nd payable, +ccordiny ro law, befo.e ~hey become de~~rpuent, •nd before •ny inferes~ a!~ac~+es or any penaity is :ntu~red; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAtt 8E PRUMVitV SATISFlEO AVD O~SCNARGEO OF R'CORD AND THE ORIG~NAL OfFIC1Al DOCUMENT tSUCH A5, fOR INS1<.NCE TME iAl( RECE~PT OR THE SATiSFACT~ON PAPER OFFICIAIIY ENQORSEU - OR CER'Ii~ED; SHAII BE PLACED W~HE HANDS OF SAID M~?RTGAGEE W11HiN 1EN DAY$ NFXT AFTER DAYMENT; and ~n the eveM that any thertof is not p+.d• sat sf~~d end d~s<ha~ged sa d MGRTGAGfE may a+ a=y ~,me pay rhe sa~ne o~ any pa~t +ke~eof w,~rhout wn~.~ng or e44ect,nq a~y apt~cn, i~en. eqwty or _ .~phr ~nder or br v~rr~e of ~h~s To~+gage and rne F,;ii am•o.:nr of eath a.~d ever~ r.:ch pavn ent shai; be ~m,. ed~ere ti d,e a^.d per~b e end shell ~u ~nteref~ ~.om ~he da~e t~ereof ~nt~i p~ d a~ re!e o+ n.^e nr cenn,,.r, pe~ •.~~um e^d r en ,~•ie~e:~ a_ t,e +~c~•c~+ b~ ri.~ ~,rn of rh s mergtape _ - ~ e ~ Pa~