HomeMy WebLinkAbout2248 2~C%'0053 .
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THIS INDENTURE. Made the lSt day of ~ N~~r A.p. 19 71 betwren
. ~ 8enjaain B. Orndort and fiva J. Orndorf, his xife
of St • L1iC ' ~
County flaid~, herefn~h~r designared as the "MORTGACx7R," snd F1RST FEDERAI SAViNGS AND IOAN
ASSp~lAT10N OF FORT PIERCE, • corporat~on apanizrd and exis~inp unda the laws of the Un~ted S+a~os of America ~~d Mvin~ itt principal p~?ce of
bu~~n~ss in tM Ci1y of fwt Pierce, St. l~cie County, Fiorid+; hereinafttt deii~nated ~i 1Fw ."MORTGAGEE."
WMEREAS the MORTGAGOR is justly iadebtwi ro the MORTGAGEE in the sum ot S 17~~~~~ goad and lawful money of thc Un:ted
Sta~es adwnced by the MURTGAGEE unto the MORTGAGOR, as ev~denced by a certam promiuory note o1 even date herewuh, of wh:ch t1x followir~ i~
worda end fi9urcy is a trw copy, to-wit:
s 1~.~•~ ~ 3-17 ~ 575
Fwt Pieres, Flw~de. Noveaber 1 ~9 71
fw vetue received, 1, we w either of us, prom~se to pay, wi~hout defalcar~on, fo thc o,der of FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF
rORi PIERCE at Fort pimce, Flor;da, 1he sum of j 17~~~~~ w;th imerest f~om date at the rate of 7~~5per annum, in moNhly insis!f-
ments at foltaws: = 1~~~ ~ 1he 1Std~y of ~''~rch ~q 72 snd a like sum on the correspond~rg day of exh month there-
atre• until the wAole be fully paid.
Each instailmrnt first shall be app~~ed in payment of tix interest and then on the ~npa~d balance oi the p.inc~p~l sum. If d autt is msde in the
~,ayment of any iru~a;!ment when due, and such defauh continues 30 days, then at the opti~n of ti~e ho~der, and wi;hout any other not~ce, aq the remainirg
i:~stallments shall be due and payable at once. Privilege ia qiven to prepay tF~is note in whok or in part at any t~me without penalty. NeitF~er forebearance;
nor areptance by 14ti hptde~ the~eof afrer any defauh in any payments hereon, shall be deemcd e,eter.sion. A lafe pa~mem charge oi S 7~~ sMll be
~ ecided to eath instalimem remaining unpa;d 7 days afit? iri due date, and a hke sum shall be added ~o each su:h ~nsrallment remaining unpaid 7 days after
each a~cceed~ng payment daie.
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Eacn maker, surety and endorur hereof, joinNy and sever~lly, waives demand, presentment protest and not~ce of protest for nonpaymeM, and further
aq~ees fo any sx~ension of time of payment, either before or afier matu~ity, without not,ce ~o any o1 us; and to pay a~l costs of collection, indud~n9 a
~easa~able ••tor~ey's fee in ihe event of any default F+ereunder, and hereby seve-atiy waives all benefit of homes~ead and exempt~on under the constitutan
a~id laws of cach State of the United States, as against this obl~gatio~ or sny extension or renewal hereof.
Witneu the h~iu! and xal of each party.
_ s/ Benjanin 8. Orndort ~Ay
^ (SEAU
` (SEAW
~ 25 50 _ s/ Bva J. Orndorf ~
i ~ ~ State Revenue
~.S~aw~ wwodio~ w? «ipiw~l.n~y}~ _
_ NOMV, THEREFORE, the MORTGAGOR fw the purpou of securing paymenr of said sum of S 17l0~•~ ,~nd t4,e ~erformrnce of the
covenants snd sgreements F?e~einsfter expressed. and for divers good and valu~ble consideretions, by thex presents, does grant, bsryain, selt, rem;se,
reiease, convey arsd confirm unro the MOR7GAGfE, iri successors and sssigna, atl that cenain lot, piece w parce{ of land, ai~ua~e, lying, snd be;np in the
~ Couny of $t. Lue ie and State of Fiorida, dewibed as follows:
, Lot 17, Block 125 POR? ST. LUCIE, SfiC2ION 27, as pez plat thereof on file
in Plat Book 14, page 5, P~2ic Records ot St. Lucie Co~ty, Florida,
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~ 1.-. I C - t' L C~ ~ t_1.%-~ D'J~ON~ CL~S~ tNTANGIBLE PERSONl1l PROPERiY.
t. L ~ ~ . , . . _ - . . i~ ~ : , X P!lRSliAN1 TO CFW"TER 20724. IICiS OF 1941. i
" ~ ` 7.~~ ~ ~ , - _ F.~G'R POITMS, Clerk Ci~cuit Court
o ~r-~~S ,
~ c~ - - as Ager.t for DP,NI~I N. KNOW?.ES, iR
2 5 5 c~ _
E? t~. ~ v ~ z~`~1. SL Lucie Cour~t~t Tax Callector
- - B ~~JJ?c G~i~ C~.~ ~ ~
' r o~rnr c?cwc
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rogether with all and singular the tenements, hereditsmems and appurtsntes thereunto betonginp or in anywise appertainirg the+efo, and •It ren», iuuta,
` p~xeeds end proFin accru"+np and to accrue f?om said prem;ses, all of which are included in the sbove ~nd foregoirg description and Mbendum.
TO HAVE AND TO I~OLD fhe above described snd gnMed premises unto the taid 1NORTGAGEE, its succtuws uid ~asi~r~s foreva. Md ih~ aaid
' ,v~ORTGACaOR fw their executors, administr~tors and suigns, hereby covenanes with the a~id MORTGAGEE, ib successon and ~ssi~ro,
they aze
~hat - lawfully seized of the said premises in fee }implr, that the s~me ~re free, clear and dischar9ed from all liero ~rd ~ncu~
brances in law w in equity, and that they W~~~ a~ thelZ ?~e~n shall warrant and defend the titk to the same to tht s~id
MORTGAGEE, in succeuors and asslqm, forever against the iawful daims and demands of all persor»;
FROVtDED, ALWAYS that if rhe MORIGAGOR shall pay vnto iF?e MORiGO.GEE ti?e promisswy note hereinbefore desc~ibed ~nd shall trufy, promptly i
artd fully perfwm, dixMrge, e:ecute, compkte, comply with •nd ~bide by e~ch and ev~ry the stipulations, apre~menb, conditiora ~nd coven~nri of s~id
promiuory note ~nd of ihis Nlo?tyape, then thn Mortyaye and fhe Eatate hereby aested si?all cease and be nul! and void.
IT IS UNDERSTOOp tl?~t the word "Mort~sgor" whether in the singuJar ~x plwal artywhere in this Mo?fpape, shall be si~yular if ont only ~nd
shal! be plurel jointly ~nd severally if more than one, and ~hat the wwd "their" as vaed anywl~ere in tha Mo?tyage shall be t~ken to mean "his:• •.hers•. `
w"ih," wherever the contexl w emplies p admits. Afw, th~t wherever there is ~ referente in the covenann and sgreements herein contsined ro~~y of
tne panip hereto, the s+me shsll be construed :o me~n as well as the heirs, leyat ~epresentativet. succeuws and aasipro (either voluntary by act of the
parties w involunt~ry by oper~Yan of the law) of the same and that the covenants herein contained shsll bind •nd the benefiri a~d adv~ntapp iowe
to the reapective heirs, leyal represent~tives, succeuors eRd su~~ns of the p~rties hereto.
And :aid Moregspors, fo. themselres and lheir hein, {eQal ~epresent~tives, succeasws and ~uiflra, trreby jointly and sevaally coven~~t ~nd apr~e
to and with the said MORTGAGEE, its successors and auigro:
1. To pay ell and siny~lar tlx printipal and inserat and tF~e various and sundry sums of rnoney pay~ble by virtue of said promiuwy note, and tha
matgage, each and every, promptlY o~ the dsys respectively rM :+me seve?a!!y become due.
2. To pay al! and sinqvtar the taxes, assessmenn, levies, lub;lities, obliystiw~s arxl encumMances of every n~ture ~nd kind na~v on taid d~snibed
property, or that hereahe~ mey be imposed, svffered, pl~ted, levied, w ~ssesxd the~eon, w that here~fter may be {ev~ed w~ssessed upon tha M~prt9-
a9e, w the irxkbt~dness sea,red herebY, esch ~nd every, wl+e~ due and Rayabte, accordirq to taw, betore.rhey become deli,pumf, and befwe any insN~f
attaches or ~~y penalty is incurred; AND INSOFAR A$ ANY TNEREOF IS OF RKORD THE SAME SHAII SE PROMPTIY SATISFIED AND OISCMARGED Of
RECORD AND THE ORIG~NAL OfFICIAI DOCUMENT (SUCM A5, FOR IN5IANCE, THE TAX RECEIPT OR THE SATI$FAC~ION PAPER OfftC1ALLY ENDpQ$f0
OR CERTIFlEDJ SHAL1 8f ALACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the erent that a~y thereof is e~ot
pald. satsfied and discherged sa:d MORTGAGEE may at any t~me pav tht aame w~ny part tFKreof without waiving w•ffeUiny any option, {ien, equity p
•~vht u~de~ o~ by virtue of this mo~tgagt and the full amoum of eac~ and every such peymen~ shaN be immed~ately due and pa~abk ind shal! be~r interqt
~~om the date thereof uNil pa~d a+ rete of nine per centum per annum and tope~~i~~mer~t ~u~ed by the lien of th:s morytp~.