HomeMy WebLinkAbout1690 21966'~ ~ ,
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TMIS INDENTURE, Mad~ t1,e 15LZ1 d~y o} _ Nov heZ ~ A.O. 19 berwee~
SteUhen E. 2orich and 4y~ina C. Z,~r~, his wite
Si. Lucie ~
~f Counly Florida, he~~ina(ter d+tignated a~ the "MORTGAGOR," snd FIRST fEDERAI SAVINGS AND LOAN '
A$$O~tAT10N OF FORT PIERCE, ~ cwpora~ion pyani:ed and eY~~ting under the laws o1 tMe Un~ted Su~ai of Ameriu ~nd 1»vinq its principal pfac~ of
bu~~n~u in tM ~~ty of Fwt P~~rc~, St. luc~ Gounry. Florid~, hcreinaha desynated u tM "MORTGAGEE." ~
WHEREAS tM MORTGAGOR is justly irsdtbted to tM MORTGAGEE in tha sum of ; 16 t 2~ q~ ~)~~ul money oi the Un;ted
S~ates ~dvanced by the MORTGAGEE umo the MORiGAGOR, as evidenced by a ceru~n prom~ssory ~ote of even da~e herew~th, of wh~ch ihe foilow~ng i~
v~wdt and figures is • 1rw copy, to-wit:
~16,2~U.00 ~ 3-17,636
~ November 15 71
~ Foat Pis~ce, f:aida, 19
_ Fo? value ~eceived. 1, we or either of u~, promise to pay, without defalcarion, to the o.drr of FIRST FEDERA~ SAYINGS ANO LOAN ASSOCIATION OF ~
16 200 00 ~
FORT PIERCE at Fort Pierce, fbridi, the sum of S • w~th ~nterest irom date at the rate of ~•~per an~um, in monthly install- ~
~ ~+enfs ~s fol!ows: s 133.~ ~ t~ 15taay of March ~972 and a like sum on the cwrespond~np day of euh month there- ~
~
~ after until tFk wholt b~ fully paid.
Each installment first ahall be •pplied in payment of the interesl ~nd then on ?he unpaid balance of the prin~:pa1 sum. If d ault is msde in Ibe
~ayment of eny insta~imen? wFxn due, and such default continues 30 days, then at the opt~on of the holder, and without sny other notice, al) the remainir+g
~nstallments ~hall be due and payabk at once. Privilege is y~ven to prep~y ihia nole in whole w io part at any t~me witheut pcnaity. Neither fwebearance,
' nw +tceptance by the holder thereof afrer any default in any paym~nts hereon, shall be deemed earension. A Iate payment cMrge of s 6•~5 thall be
` added ro each iruraliment ~ema~~irg unpaid 7 days ~fte~ iri due date, and a like s~m shall be added to each such installment remaining unpsid 7 days efter
each succeeding p~yment date.
y Eath maker, surety and endorser haeof, jointly and severally, waives dcmand, preuntment pratest and notice of proteat for nonpayment, and furthet
agr~ to any extension of time of payment, either bofoa~ p afler malurity, withou! not;ce to any of us; and to pay all costs of collection, includ;nq ~
~ reasonabk a~rorney's fee in the event of any default hereunder, ~nd Fxreby severally waives all benefit of homestead and exrmption undet the constitula~
- and laws of exh State of the United States, aa ag~inst this ob~~gation or any extension o? ~enewal hcreof.
Witneu the hand and seal of each party.
c~ s/ Ste hen E.Zorich> csewu
' cs~Au
~ / uc na B., Zorich ~~U
, 24 . 3U ?~e,-4,~ ~
` f ) State Revenw ~ r~ ~Au
~ (S~aw~ps~ awo~Mei a+ kipin~l-+ish)
t~OW, THEREFpRE, the MORTGAGpR fa the r 16 Z~.~
pu pose of secu~ing payment of said sum of = ~ a~d the performance of the
covcnann snd aqreeme~,ts F+ereinafte~ expreased, ar+d fa d~vers 9ood ~nd valuabk considerations, by theae prexnts, does grant, bar9~;n, setl, remise,
release, convey and confirm unto the MORiGAGEE, ib succeuors ~nd auigns, all that cutain lot, piece or parcel of land, situate, ~ying, and being in ths
County of St _ LuC ie , and 3tste of Florida, dawibed as follows:
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~ Lot 7, filock I6;, PORT ST. LUCI&, SECTIQN 4, as per pl~t thereof on file in
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~ ~lat Book 12, page 14, Pu;lic Recor~s oi St. Lucie County, Florida,~
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o {:~,~~'2 ~ 3 0_ ~ t-r L.~;i't at. Y,~~~''~r:~::, ;R.
as A~:'.~
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N U[~T.3F PL~£':J:~~ ~ ~
~ P.~.?;o.,~ St lti:;e C=.~,~i tzt Ce~tector
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t i D~.PUZ`! CtERK
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~ togeth~r w~th slt ~nd sinqul~r the tenemenn, hereditamenri and ~ppurtsnces the~evnto belonying w i~ anywise appertainirg tffNeto, ~nd ~1) rents, iuw~,
p~xeeds ~nd prof~ts xauing and to xcrve from said premises, a11 of whicfi ue included in ths abov~ ~nd fwe9oi~g descriptan a~d habendum.
TO HAVE AND Tp HOID fhe sbove described ~nd Qnnted premiies unto the said MORTGAGEE, iri fucttssors a~d assigns forsver. And th~ said
MORTGAGOR fw the i r exKUton, sdministntori and assigns, hereby covcn~nts with the said MORTGAGEE, it~ wccesson and ~siiyro,
; rhat the~ a=e Iswfully se~zed of the s+id pr~mises in fee simple; that 1M same sre free, de~r ~~d dixharged from all liens ard s~
' brances in law w in equity, and thst they W~~~ thel I h~;n shall w~rr~nt ~nd defend the title ro the sams to the said
MORTGAGEE, iri sucussors ~nd au~gns, f«ever syainst the lawiul clairta and dcmand~ of all persons;
; PROVIDED, ALWAYS ~htt if the MORTGA('aOR iMl1 pay unro the MORTGAGEE the promissory note hereinbefore described ~nd shsll truly, promptly i
and fully perform, d~scMrge, execute, compkte, comply with and abide by each and every the atip~lations, apreemenri, conditian a~+~d covenants of said
promiuory rwte ~nd of this Nlort~s9e, t}ron this N~atgsye and the Esate hereby veated shall cease and be nvll and void.
fT IS UNOERSTpOD th~t the word "Mwtyaqor" wherher in tFk j~ngvlar o~ plwal anywhere in this Mo.tgage, thall be singular if o~e o~1y snd
j shall be plural joimly and sevcrally if mw~ tFwn one. and thst tF~e wwd "their" ss vted anywhere in this Morty~ye sMll bs taken to mean "his:• ••FKn••
o+ "itt" whereva the conte:t w implies a ~dmits. Alw, that wherevei there is a?efere~ce in tM tovensnts snd ayreements herein containsd ~o sny of
the panies hereto, the same shall b~ construed to mea~ as well ~s the heirs, 1e9a1 representatives, svccessors and assi9m (either vo{um~ry by acl of tM
parties a involuntary by oper~tion of the !aw) of the same and that the covena~n herein cont~ined ihall bind ~nd the benefih and advant~pes inur~
ro fhe respective hein, leg~l representativct. ~vccestors a~d ~u~yns of the parries he~eto.
Md said MortQaQori, fw themselvca and thei? heirs, leg~l repacsentatives, succesaon and assigns, hereby joimly and severally covenant and prae
ro and with tM s~id MORTGAGEE, its succe~sws uid auiym:
t. To p+y •II a~d sirgular the principal and infarest and the wrio~s and sund~y wms of moneY paYable by virtue of said prem;ssory note, and this
mort9a~e. each and every, promptiy on the d~ys respectively the same uvarally becorrw due.
2. To pay •II and s+nQvla? the taxe~, assessmtnn, ler;es, liabilit~es, obligstior~s ~nd ~ncumbrances of ~very; natwe +nd kind now on {+id described
p~operty, w tMt heresfter ?n~Y b~ imPo~~d, wffer~d. Dlaced. kvied, or essessed therea~, a that hereafter may be kv~ed or ~ssessed vpi~i this Mat~ .
sqe, a the indebtedness fecured hereby each ard wery. when d~e and psyable, auordinp ?o Isw. befa~ they becorae detinqueM, ~nd befwt any im~rest
at~athes or any penalty is incurred; AND INSOfAR /1S ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTIY SATISfIED AND DISCNARGED OF
RECORD AND TME ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR IN$TANCE, TME TAX RECEIPI OR THE SATi$fACT10N PAPER OFFtCtAttY ENOORSED
OR ~ERTIFIED) SHAIL 8E PLACEO IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENT; ~nd in the event fhat any therwf is not
paid, taYSfied and diuharged sa'd MORTGAGEE may st •ny t+me pay the same o~ any part thereof without waivinp p affectiny any option, lien, equity or
•~qht under or by virtue of this mortyaye and the futt amou~t of each end every such payrnent shall be immed'rately due ir~d payabk and shsll besr iMHes+ j
i•om the d~te thereof until p~id af rate o( n~nc per centum per annum and together w~i s h ~j shali ~,~w y the liee~ of fh:s morytipt. ;
EG~K ~~7 1 FACEIU~