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HomeMy WebLinkAbout2731 v z18~z~ , TNIS IKDENTURE. Nade the_ 25t'h day of ~~'O~r 71-, between A.D. 19__~ (}eorRe E. Colburn and Clara E. Colburn, his rrife of ~j ~1C~e County Flwida, he~tinaiter des~)~~ated as the '"MORTGAGOR." arx! iIRST FEDiRAI SAV~`tGS A^;D li~~N ASSOCIATION OF F~RT VIERCE, a corpo~at~un organizrd and ex~a~~ng ~nder the law~ ~Of ,lhe U~~,ted $~atis of America a~d hav~ng its prn .~N ol ptace of b~s~~ess in tM City of Fo~/ Fieres, St. lucie County, F~orida, he~einaher desig~~ared as IM "MORIGAGEE." WNEREAS the MORTGAGOR is justly indabted to the MORTGAGEE in the wm of S_ _ ~~2~ , gocxi and laarul ~,,onry of the U~~ +ed S~ates ad~ancrd by the 1~lJRTGAGEE un~o the MJRIGAGOR, as evid~nc~•d by a crr~am prom~saory ncte of e.en da~e h~•~e,n~th, ot wh ch the fo~:ov~~r.g ~ords and fi~ures is a trw copy, tQwir. s t 5,100.00 No 3-1715l~7 _ i Fort Pierct. Fforida. ~t'O~r 25 -19- 7~ ' for value recerved, wr w either of us, prom.~e to pay, without defaicar:on. to ~hr erdrr of F~RST FiD~RAI SAqVINGS A?~J WAN A`,SOCIATIJN O` e • ~ORT PIERCE al Fort C~errce, Florida, ~he sum of S-.1~1-~~!~-__ v`~th ~n!e:es~ fran d~!e at the ratr of 1_'~~ prr e:~+~.,n, m mo~efhly ins~a~~- rnrs as ~o;b..s: S ~ ~ 7•~ o~ the _ ~ S}' day of _ Februi!'y , IG ?2 anJ a GAr su~n cn ~t,e co~.r~po~sd ng day oI e..ch manth ~here- , e:ter untif ti~~r who!e be fv~1y pa~d. . Each ~ns~a~~ment f~r~t shall be app';rd in pa~ment oF the inierest and ti,rn ort +he u~:~:e d ba!e-~ce o! !'~r pr~~~c I a! sum. If d+ult is madr in the ~ ..j,meN Cf d~y ~n5ra~~~~T;ent ,nhen due, a~~d iuih drtavh coM~rwes 3t7 days, then af tha oi~'~~n oi tF:e ho~d••r. ar ~ w~•h?~T any otnc•r not.ce, a~1 the rr~nain~~~g ~ ~ srai~menrs sha~l ~~r and payabie at orce. Pnv~~e~e is g~vrn to p~epay this note in who!e or in parr at any r~ nr w~tnc~t ~~r ~olry. Nrnhrr forrbearance, ' rur acceptante by she ho.der thereof afrer any deFault ~n any Faymenrs her~•o~, ih,~Il be ds•.~~•~ed e.~r.:s.en A'a~r ~~a,•~~ent chary~ o! 5~•7~ , she~l bt ,:iJrd to rach ~nsra~!ment remain~ng unpa~d 7 days after its due date, and a~~ke ss, n sha'~~ t%e .jdcr~d w each such ~nsrai.rnent rema~n~ny ~npa~d 7 days after ~ each svcceed+ng paymero dare. Eath ~na~er, surety and endu~ser hereof, jo~ntfy and sevrra~ly, vva:ves de~-~and, p+es•~mmenr ~vote~t and rot~ce of p~otest ier r.onpa~~~~ent, and f~rtht~ ; , f ~ a~rees to eny exrrns:on ef t.me of poynsrm, r~r~z~ b-r4ore or aftrr ~~aru,~!y w~~~:ovr ne+ce to an~ of us; a~~J to ~.+r at~ c~s~s eS ccl;ecnon, inc:udnq a ~ \ _~a~onabie atterney f fee ~n +hr evrnr o( any de`.3~~t herevndrr, and hereby se~e~ai!y ~a~~rs a!i txr~~i~t ot hom.~ste,.1 ar~d exr:*~p~~on v~~drr the co•~shtution ~ .d lavvs ot each State of the Un~ted Sre!es, as aga:~~st this obi.ya!~on w any eRtens:on o~ renewa: hereoi ' . Weness the hand and seat of each party. ' Col rn s/ (3eorAe 8. (SEAL) i . r ~ t~- ti.i~ ' . f'L _ , ~ t (SEAI) ~ ~ Cil&I'il ~i. ~7~UI'Il (SfAt) ~ ~ ~ A - - - ~ $ZZ.6~ ~~-t-~c L.~ G' ~ • (SEAL) i_ ) Staie Revenue ~ `~'e~s ~awee~ile~ srr engR+er!-nvr~ ; ~5 ~oo.oo Y N01V, THEREFORE, the A10RTGAGOR ior the p~rFose of sec~ring payme~t of sa~d sum ef s__-~ , and the performance of the 3 covrnants and ag:eements here~nafter expressed. and for d~vers good and valuab!e conr.darat,ons, by these presents, dces gront, ba~ya~n, sr'I. rem,~e, ' •~~:ease, mmey and tonfirm unto The MORTGAGEE: its succrstors ar.d ass~~~s, all thai ce~rain lot, p~ete .x parcel of Idnd, sit~ate, iying, and being in the ~ ` ~ St? . U1C 1@ ~ Counry ot a~d Srate of Fionda, descnbed as follows: :3 - } ~ ~ Lot 15, Block 11 PORT ST . LIICIE, SECTI ON 27, aa per plat { ~ ~ thereof an fil,e in ?lat Book 14, PaBe 5, of the Pnblic Aacords ~ s of St . Iuc ie County, Florida, ? yr~~` ~ ~ ` ~ i-~ ~ r ' _ ~ ~ ~f'~ 1 ~ 1 .:~i t.r- 'yr k`_ ~ ~ ~~~,~!'T'~ 'l~.r~ ~ ~ ....~Vf •n• ~ ~ E'~ 4. F n r,CR?Y v ~ U h Jl:~.',`~ ~ . • 1 ~ ' ~ '-5 ^ , :1"': ~f :9'i- ~ ~ z , _ ~i ° ..•i.k ~ ; r• ± ~ _ M;;v-~ : _=7t ' ~ ;C ~ J _ ~S r a. /~`_'r~ t~t c:i+~• ~ ii. Y~.~~'ir~t,i, ° ~ _ ~ '~=~{`=2 2 6 5 - ` {n :tp• r,S f.i:E~U:~~i.il',I - ~L`.19J1{2 _ St :Q .r.iU'~Cj ~"oX :fS~i«t..~ ~ ^ ~ ~ j.. ~j l jc"(z - _ _ _ ~ DEY~fY :iiR~: !oge~her w~th att and s~ngular rhe tenements, hered~ramenh and appunsnces therounto belong~ng o~ i~ anywise appe~taining thereto. •nd all ren~~, issues, procecds and prof~ts acou:ng and ro accr~e f~om sa~d prem~ses, all of vvhlch are mduded in the above and forego~ng descriptson and habendum. - TO HAVE AND 70 HdlO the above desc.~t,~d and granted prem~ses unto the sa~d MORTGAGEE. ~ts s~ccesson and ~ssigne forever. And th~ said AAORTGAGOR fw -----t'heiT-_- he6rs, executors, admin,strafors and ass~gr.s, herrbv co~e~arsrs w~th the s+~d MORTGAGEE, its successws and •s~iyns, fnat a~-- ~awiuliy se~ied of the said prcm~x~ +n fee simp!e: th~t the same a~e F~ee, clea~ and d~scharged Irwn atl liens and t~cum- '-`-f b~ances iavv or ~n eq~~tv, and that_ t-~__ w~1i and their ~e~rs ihaH warront and defend ihe t~tle +o t~e ssme to the said ' MOR:GAGEE. ~~s iuccesson and ass~gns. fore.er sga~nsr fhe iawi~l c~a~ms end demands of a!I per~ons: PROVIDED, ALVYAVS that if rhe MORTGAGOR shall pay u~to rhe MORTGAGfE the prom~ssay note here~nbeiare descr;brd and ~hall trufy, promp~ly ' end iu~ly perform, d~scha~ge. eaecure. compfete, co~nply w~th a~~d ab.de by each and eve~y rhe stipvlaf~ons, aqreemenrs, cond~~~o~~ ar.d covenr~ts of ~~~d pronusswy note •~~d ot ~h~• Mustyege, then ch~s 11k.rtgage ar~ she EstaTe hereb~ created sha:l cease ard be r.u!! snd r•o'.d. = IT IS UNDERSTOOD that the word "Mortgigw" whether in the s~nguia~ or plural a~ywhere in th~s Matgage, shall be singu~ar if o~e o~ly and shatl be p~urai pimly end teverally if mo~e than one, snd that the word "Tne~r" as uted anyv.here in th~• Mortgege shal~ be taken to mean ' h:s,'" "hers." ar "~t~," wi~erever the contex~ w~mp~~es or ~dm~fs. Aiso, thet wherever ~here is a referer.ce in ~he covenanrs end agreemer,rs here~n conrair.ed to ~~y o~ rhe pu~~es he.eio, ~he same •hail ~ co~str~ed ro mean as we~l as the hei~s, legal represenratnc~, successors and as~~9~s (e~fher vo;untary by act oi ~he part~ef or ~nvo;un~a~y by operat~on o/ ihe law) of tht same and ~fat the covenants he~em conta~ned shall b~nd and the brnefrts and advsntagts inure ` ~o the respect~ve he~rs, Iegal representatrves, tuccesw~s and ass gnf of rhe part~es herero. And said Morrgagors, fo• tRemselvef a~d their hei•s. ;ega! representet~ves. s~ccessors •r.d ass~gn~, hereby ;cmrly and severaily covenen+ and agrec ~o and w~rh the sa~d MORTGAGfE. ~rs wccessws and asa~gns: = 1. To pay aIl and s~~gular ihc pnnupal and intere~t snd ~he vanovs and svrdry s~ms oi mo~ey pa~a5~e by wnue of ~a~d prort~~sw.y note, •nd thn _ rnorr9age, each and every, promprty on the dsys r.ipectively the ~ame se~eratly becorne due. _ 2. To pay afl •nd ~ingu'er the taaes, sstessmenr~, lev:es, ~~ab~l~nes. obl~gat~on~ and en:umb.ance~ of rfery natvre and 1~nd now on sa~d deunbed property, a thN hereafrer may be ~mpoted. suffered. pt~ced, lev~ed, or •uesfed ~he~eon, o~ ~ha~ hercaNe~ may be le~~ed or assetsed upon thi~ Morrq- aye, or the indebt~dneas set~red he~eby, each and every, when d~e •nd payabte, accord~ng ?o f+w, befwe they bccome de~~nqve~t, and t~ore-+~y interest = anethes o• ary perelty ~s mcv~~td, AND INSOFAR AS ANY THEREOF IS OF RECGRO iME SA/NE SHAII BE ~RC•11~PilY SAT~Sf1E0 AYD OISCHARGED OF RECORD AND iNE ORIG,tiAI O~FIC~AI DQCU.NEN1 tSUCH AS. ~OR INSTANCE. THE TAX RECEIVi OR TNE SATICFAC11pN PAPER OFftCIAItY ENDORSED ` OR .'.ER11fIED? SNAtI EE PIACED ~N iNE NANDS OF SA~D MORTG~IGEE WsTHIN TEN DAYS NiXT AFTER PAYl~IE`~i; and m the event that any thereo~ ia not pa~d, sa~ st~ed and d.sctia+qed ~a d!lORiGAGFE rnav a• any t.mr Nay tne same o~ any part the.eof w~thout wa~v~~g or affeU~~g any or~t.on. ~~en. eq~:ty or - •~ph~ v~idl~ o+ by v~•r,,e o~ th~s To•+ye3e and the a•~o:,m o~ eat~ a~d eve~y svch payme~r sha': tx ~mmed~ate~v due and pa~ab!e and shefi bear ~nteresr +•om rhe da~e r!,ereo~ ~m~~ pa d a• •a~e ef cer.+.,;~n pe. a~n~m a~,d toq.+he• a rh ~,,ch ~me~es~(~~~~ ~~~yed er t ~~h s n,o~gtege - - E~~; v~ FAfE~