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HomeMy WebLinkAbout1974 21~~J1 TMIS INDENTURE. Mads the_ Sth day of ~tOD@ P!_ _ - A D. i9 71 , t.~i.,ren Kenneth R. Drew and Evelyn L. Dre~ , his ivi-fe - _ _ _ _ - of St, Lu~ie ~ Covnty Flo•~da, herc~naher desynj~ed as rhr 410R!G:;;~-`R. ,.d i~r';~ Ft;'tRAI SAVi`.~_~S •.'.D t~1>^J ~SSOCIATION Of fORT PIERCE, a co~paat~on or9anized and ex~st~ng unde~ Ihe laws of the Unred S~~t~s of A„~:;:a a~:d hav~~~g irs p~~~::;;vl ;:~ace of b.,i~neaa in the C~ty of Fort P~erce, St. tuue Co:mry, Flor~da, htre~naf~er des~gnated as the 'T.~ORIG.AGEE.' VYNEREAS the h10RTt'iAGOR is ~~stly indrbted to the MORTGAGEE in th~ s~~.~ of S- 21 . 9<<~ '.3.v`~~ °f f"~• d S!~rea ad.ancrd by the '~',ORTvAGEE unro rhe htORIGAGJR, as e.w<^.~,d by a.~rf,n NtG~n54uiy ncne ot ..~n .iai.• r~~rw.~!•. ot ,.~~:h ii,~~ fo.;.,~n~•~~ in ,.ords and f~gures ~s a~r~e copy, to-..it. s 2~,6c~0.00 ~;0 3-17.480 Fort Pierce, F~a~~da: ~ tobe r.S ~9 71 Fw va:ue recei:ed. 1, wr or e~~her of ~~s, prone:ae to pey, v.~thout dc~a!:a+~~~ to ihr crJcr of FtRS~ FiC`'tR:1l SAVI\lv~ A'.D lQA"~ ASSJCIATIOV O~ ':RT PIERCE at FoH ~~erce. F:enda, the su;n of s _ 2116~!0~-- - ~+'t~ •~st tr~••n .3;~c~ a~ thr ratr ol 7~75o prr an~ ~rn. ~n m~~~~hly inSta!~- . . _ _ - ~ ~'r. . 178:00 lst Februar 72 9 y,,} e,~h m~nth +nz,~- ..,rs as fa;'ov.s: S _ on Ihe day of _--_Y . 19 and a:~k? w~~ ~n ti~_ co~rrr;~:~d n de ~'~r: ur.t~! thr v~ho.e De fu;~y Fd,d. ~f~ch ~~,sia'.Iment fir~t sha~l be app'!.~d m pa,n,~~~t oF ~he ~nrerest and +nzn on +he .f i~a'a^_.~ o~ n~ sum. If d a.,n ~s made in the ~ment 01 any inStaltrnent ,n,f:en d~e. and such ti~ta~~t cont;nves 30 days, itier. at thr op•._n o~ !hr .~..i •.~~~y o~•~r• r.••.cr ail the ~tmain!n~ ara~ n:enrs shail Ge d.,e and pa~at,:r er oncr. Pr~v:~age is g+ven ro F:repay th:s r.ote in v~hu~e or in p.,n at any r. • r w~`~~c;;r ~,ena,ty. Ne~~:iei 4orebeerd~~.a, .r acceprance by the ho~der thereof af+er any defa;,'t m any pev,,,ee•s her.~4-~ st,ili t.e dr,._,~d c. r•~:n t. '~r~. e~~t charye of S B~QO., aha11 be i i~•d to e~ch inata~~•»enf rema~n~ng ~npa~d 7 days after its d~e da1e, a•~d e. sr iu sre!: ~:i,:~t_1 ~ ~ s_:h „~~~',+'.:~.rnt re:na~~~~n~J un~aid 7 d~rs after k ~ ~:n wcce~d~ng paymem dare. Each maker, su+ety and endo;srr hereef. ~Jint:y dnd !t'VPfdIIy, Nd:VPS c3r.,~~~d presc„r~,rnT ;,,o•,.e• ,..:i o~ p~or.~s' fo~ cJn,~.fy~+,rnf, and (urther ' ~ nres ro any exteni:on of +ur.e of pay,neN, eitner bef;;re or afTCr ~..ai~"~ey. ~;~r.ouT ~:~.ce •o et ~ s. , f`~o ~ c.~s*s of ~J '.,,t,on, {nc,ud ng e onable atto~ney s fee ~n the e~em o' any d~-`~u't here~^~er, and he~eby sr.e~a !y ,na,.rs a:: ne.,~.'.' o• .~rs~_.~~ _r..i e,~ . ~•:on ur,der the constitution • 1~ :a.~s of each STafe oF the Ur.~ted S~ites, as aga~r,st th~s ob~~yanon o~ any exter.s,on o~ renr:.al hereof. W~tness ~he hand and feal oi each party. i S/ {SEAt) , L'~ilt7e~j1- te~ _ l$EAII i ~ f ' ~ • ~ S/ (SE AL) . ve yn . e~v 32 • ~ - - (SEAI) ) Sta~e Revenue ; ~ r,+ps csnrtihd on oAgn,al-rore}- a NON. THEREFORE, the MORTGAGOR for the purpose of sewring payme~t ef sa~d s:,m o~ S_-__21L6~'~~,-_, and thr performance ef the ? covenants and agree~~eny hrre~nafser expr~ised, and for d~vers good and val~able cons~derat:ens, by these presencs. doea graN, uar~ain se'!, tem~se. ~ ease, mnvey and conf~rm unto the MORTGAG~E, its svccesao~s and ass~g~s, atl that cata~n Iot, p~ece er percei of land, a~t~ate, ly~r.g, and be.ng in the ~ 5t. Lucie - County of - and State of flonda, descr;bed as fol,ows: ~ _ Lot l, Block 173-A of Lakewood Park-Unit 12A, as per plat thereof on file in - Plat Book 11, pages 35,36,and 3~, Public records of 9t.LuC~eCounty, Florida s i i - I ,~~,~,a , 1 , ~ L l~ ~ . ' ~EI~VED 3 _ ? ~ IN PAYlkE!IT OF TAXE'S ~ I ~ _ CJE OM CIASS 'C' 1NTANC:BlE ~EkSCf~4i P.'tOFERiY, " ti~ r _ _ P!,'riS;;Mtii TO CWIYTER 2U)2!. ACT~ Of 13d L = ~ - - ~ ` ~ ~ 4 U : ~uc~~ Poi~a.a~. ci.~ c;«~rt co~~ t ~ _ V f- as A6e^t fat DA~tiIEI N, KhOWLE~, 1R - r c~ ;i,=..F,•°. ~ _ SC IU~R CoUntp 1~ Ceil~tor v~ ~~_19Jt~_ ~ c / - ~ ~ ~ ~ C r, ;Y ' + DfPiJlY CLFRK ~ogether w~!h all and s~nguiar rhe tenemenn. hered~fements and appurtances fhrrcur.to beior.g~ng w ir. anyw~se appertain~ng the~eto, and •It renrs, i~suei. c~ocecds and prof;ts acau~ng and to accrue from sa~d prem~ses, all of wh~ch are mduded in the above and forego~ng desuipt~on and habe~dum. TO MAVE AND TO HOID the above descrbed and granted p~em~ses umo the sa~d MORTGAGEE, ~~s successors and ass~g~s forever. And ~M said . MORT GOR /or thglr_-___ he,rs. exec~fors. ad:r.~n~sr~~ro~s and aan~gn~, herebv covenanrs wirh the ss~d M:)RTGAGEE, its succesiwt and assigru, ~hey are rhar +awfuily se~:ed of fhe sa~d prem,ses ~n f~e s~mpEe; that the same are free, clear end d~scharged (rem all Gens snd encum- t:a~ces ~n !aw or in rqu~ry, snd that.__ the~__ w:i~ and thQlY he;rs ahali wafran~ and deFend ~he t~t1e to ~he ~ame to the taid Y,ORiGAGEE, i~s succeasors and ass~g~s, lorever agalns~ the Iawful cia~ms and demands of a!~ persons; VROVIDED, AlKAYS that if the MORTGAGOR shail pay unro the MORTGAGEE the prom~sswy nore here~~be4ore deicnbrd and •hall truly, promptly and fu~'y perlo~m, d.acharqe, e~etuTa co~+plete, comp~y v~~rh acd ab~de by each and every rhe ~tipu,at:o~.s, agreemenrs, tor.drt~o~s and covenants ot ~a~d orcm,ssory note and of th~f Mortgaga rheR rh~s Mortgage and th. EaTate nereby created shaf! cease and 'ce nu,t a~d vo~d IT IS UNDERSTOOD that the word "Moregagor" whethr ~n the s:rtg~lar or p!u~al anywhere in th~s Mon9age, shatl be s~nguiar ~f one only and shall be ptur~i jo~ntly •nd tevera:ly If more than one, ar.d that the word '"the:r" as usrd anywhere in th~s Mc~rqage ahall be taken to mean "h~i,"' ' hers," or "~rs,'" wherever the contex~ ~o ~:~p'~es w adm~~s A;so. that wherever there is ~ reference in ihe covenants and agreements here~n con~ained to any of - rhe par~ies herero, tAe same shall be consrrued ~o meen as we~l as rhe hei~t, legal rep~ese~tarives, succesaon and ass~g~i iN~her voluntary by act of the ' oart~et or involurtary by operat~on of the lawi of tne sa~re and that the covenents herem centair.ed sha:, b~nd and the benef,ts and sdvantaget inure ro ~he reipective heus, iegai represer!at~res, s~ccesso•s a~d aas g~~ of the part~es hereto. _ ~rd said Mortgsgors, fo~ themteivts a~d !he'~~ heirs. legal represenrar~ves, successor~ and ass~gns, hereby ~G+niiy ard seve~eily covenant •nd ~grte ro a~a vr~h `he u~d MORTGAGEE. ~rs s~cccssors and ass~gns: . i. io pay sll and finguS~r the pr~nc~pal and Imerest •nd the vanous and sundry wms of money pa~eble dy virtae of said pro~~•ssory note, and th~s - mo~tgage, e~ch and every, prompNy on the d~ys respcctively ihe same seve~a~ly become due. ^t 2. To pay •II and s~ngu~ar the taxes. assessments, lev~es. ~iab~,rt~es, obYgations and encumbrances of eve~y naturo and l~nd now on ~a~d detcnbed property, o~ th~t here~fter may be imposeA, tvffered, ptxed, lev]ed, or assested ther~n, o~ that herea4ter may be lev~ed or assesud upon this Mort9- _ ege, a th~ indebtedness secured hereby, e~ch and every, when due and payable, ucord~ng to law, before they become dehnquent, and b~fore any interest a~~eches o~ •ny penalty ~s irtcurred; ANO INSOFAR AS ANV THEREOF IS OF RECORD TME $AME SHAIL BE PROMVTIV SATISFlED Ati0 OISCMARGEO OF RECORD AND TME ORIG:NAL OfFIC1A~ pp~UMiNi ISUCN A5 fOR Ih$TAN~E_ iHE iAX RECfIPT OR iNE SAT~SFACTSON VAPER OfFIC1AltY ENDORSED OR CERTlFIEDi SHAII 8E PIACED !?J THE HANDS Of SAID MORTGAGEE VUI1HtN TEN OAYS NEXT AfTER PAYN•E'vT; and m th~ eve~t that sny thereo} ~f nof ;a~d. saf sf~ed •nd d~sc~:arged sa d IAORTf.,AGEE mey ar any ~.me par ~ht sar-~e o~ any pa~t Tnereoi w~nc~ut ,I,a~.~~g o~ a~le:r~ng eny opt~un, I~en, equ~ty o+ - •~~hr ~nder o~ br v~~tve of !h~s mo•~gege and ehe fc,~+ amoun~ c~ ea!n a~d e~er~ ~„ch pa~~e :t shali be ~mmcd~are~v due and payabte e~d shall be~• ~nteres~ 'rom rhe date ~hereof um~l ps d s~ ra~e o~ n ne oe~ ce~+~m oe~ er.n~m e~d ~oge~~er v.~}, ~yc~~t `h;;l.l~yJ~by rne ~~en of th s^+o~gt~ye ~J M , ' ! _ :