HomeMy WebLinkAbout2651 i
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.3 : ' F~(•~' C'I ~ A.O. 19 ' 1 betw~e~
TNIS INDENTURE. Msde the_ day of
"~'~cr* Deilin~ ~nd Iv~ ~i-~e ;.e~:~t;.,, hiS ~~ife
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of C~ ~-t~~ Co~nty Flprida, hertinaftK detignated as the "A10RT(;AGOR,` snd FIRST FEDERAL SAVINGS AND IOAN
:.55flC1ATiON OF FORT PIERCE, ~ corpo.at~on o~yanized and ex~~tinp undar tM lavrs of tM Un.ted S+aus of M,eriu ~nd Mviny iri princip~l ptac~ of
bu?~ntts in tM Ciry of Fort PM.u, St. lucis County, florida, hereinahsr des~yn~~ed ~s ti?~ "MORiGAGEE."
1~ `~n'~ .~?n , ood and lawfut money oi the Un~ted
WHEREAS tM MORTGAGOR is jultly indebied to th~ MORTGAGEE in the wm of s s- - g
S•eus ad~~eced by rhe MOR~GAGEE uroo the MORfGAGOR, as e~~de~ced by a terta~n prom~~twy note of rYen datc herewith, of wh~ch tM iottowlnp in
~.u~ds and figuros is a vw copy, to-w~t:
f ? c~;~ln~~:)C) Pyo 'i_ j' ~ Sl~)
Fort Pierce, fla~da. ''~'~~'"1t~AY 3 ~q ?1
For vat~e receivcd, 1, we w e~ther o( us, p~om~se to p~y, w~Maut def~lcarion, to the order ot fIR$T FEDERAL SAVINGS AND LOAN ASSOCIATION OF
~^:RT PIERCE at forl P~erce, Ftorida, the •~m of S_ 1?i`~~'n= w~th inTerest from d~te at the rete of 7•~-'7io per annum, in mo~lhly install-
r~~n as ioi!ows: S 1~ 1•~~n on the ls t d~y of r j~ r~ 19?- and a Gke s~m on the cwrespond~np day of each month then-
n•rer vniil rhe who:e be fully pa~d. i
Each installment first shall be app~~ed in payment of the interest and ~hen on the unpa~d balance of the princ:pal sum. If d aulf it made in the :
~ a,ment of any Installment wFxn dve, and s~ch detauh co~tir.ues 30 days, thc~ at the opt~on of the ho+de~, ~nd wiihout any other notice, all the remaining
~sraitments shail be dLe and a able ~t once. Pr1v:l e is ~ven to re a this note in whole w in rt at an time without nalt Neithe~ forebearance, ~
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~or acceptance by ehe ho!de+ thereof after any defau~t in any payments hereon, shall be dcemed ex~ens~on. A late payment charge of S_6.55 sha~l be .
; ded to etch instaiiment remain;ng unpa~d 7 days after its due date, and a t~ke sum shall be added to each svch inuallment remaining unpaid 7 dsys after ~
r~ch sucterding payment date. ~
Each maker, su~ety and endorscr hereof, jo~nrty and scvera~ly, wa~ves demand. p~estntment protest and notice of protest fw nonpayment, and further ~
aa~ees to any ext,~s:~+ of time of payment, e~~hee belore w after matu+~!y, w~thout not~ce to any o1 us; and to pay all costs of collection, inciud~np ~ }
~:onabk attomey'a fee in rhe evenr of any de`.au:t hereunder, and hereby severatly waives all benefit of homesread and eaemption under tF+e constitution
; d!aws of each Stare of the United S~ates, as aga~nst this ob!+ga~ion or ~ny catens~on w~enewal hereof. ;
W~tness the hand and seat ot cach party. ~
S! Rohert '.r. Uet:inci ~~u
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J 8S ) Satt Revenue ~
i9+srnps canceMed ~a+ oripknt n~1e! i
~ NO+N, THEREFORE, the MORTGAGOR for tix purpose of securirg payment of sa~d sum of S 1~, 9`}'; and the perform~nce of tM
covenants and agrecments hereinafter expresud, snd fw divers good and valuabfe considerations, by these p~esents, does gront, bar9ain, sell, remise,
a~ re:ease, conrey and conf~rm unto the MORTGAGEE, its successors and ass~9ns, ell that ce~tain bt, picce w pucel of tand, iituate, lyiny, and beinp in ths
- Ccunty of ~ t• :.uc i ~ State of Florida, dewibed ~s follows:
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a`_ _ . _ . i>-+ . c~? r~: :r:i~c? l', i', 19~~ i'. 1~ uf .hP
. "1~.~.~ i;t'.~J?~.i<: J{ .G~ ..'1'_:I1~)'~ hi')T.CS..~t~ 1~,L.~T.'..:~'' :~~l.i . ~ t nf - ~iJUT~~I1-
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' ` , • ~ - ~M MYAt[NT OF Ti1XD
2 . ',,y~. E ON CiASS 'C' ItfrAMG181[ PERSCNAL
? " i-~- ' PllRSU1NT TO CHAPiFR 2072~. ACiS OF 191~TM•
` POG"R POItNAS. Clerk Circuit Court
' as Agent tor DANIEL N. KNOWLEg, 1R
` - - ~ ` '~l~
~ St lucie Cour.ty Tax Colfector =
By ~"?'t c ;
~ ~ ~ o~,n c~c !
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rogether w~th all and sir?pvlu tht tenemen?s, hered~tamenri and a,~purtances thcreunto be{o~gin9 w in anywise appertsinirg thereto, and all renls, iuues.
voceeds and profits accruinq and to ~cuve from ssid premises, all of which are ]ncluded in the abov~ and fwe~anp description ~nd h~bend~Mn.
~ 10 HAVE AND TO HOID th~ above deu.~bed and yranted prrmi~es umo the said MORTGAGEE, iu suuesso~s and assipm forevK. Md th~ wid
MORTGAGOR for ---`~-'~y
Y-- heirs, executon, admini~tra?ors +nd •ssi9ru, hereby cove~ants with the said MORTGAGEE, its wccasas ~nd ~stiprn.
- ~hst r~-- lawiully seiud of the said prcmises in fee simple; that tht same art free, ck+? ~~d discharyed from •11 lieru and ~ncun?
- orer~ces ~n 4w or in equ~ty, ~nd ~hat Ih~~ w~ll snd the:r hein shall warrant ud defend the titl~ to the NrtN f0 iM Mld j
' MORTGAGEE, its successon and +sspns, forever ~gainst the lawful ciaims snd demands of •II persons; (
~ PROVIDED, AIWAYS tMt if the MORiGAGOR shall p~y unto the lNORTGAGEE the promiuwy rwte hereinbefwe described and ~h+ll trvly, promptly •
- and fully perfum, d~scharge, e:ecute, complete, comply with and +b~de by each and every the stipulations, syreemenb, conditioro ~nd oovena~ts of sad
promissory rate ~nd of this MwtysQe, then this Mwtgs~e ~nd the Est~te hereby aeated sMll cease and be ~u~~ +nd void•
= IT IS UNDERSTOOD tMt tht wwd "Monya~o?" whether in the sinqul~r or plural ~nywf+ert in this Mort9pe, ihall bt sinpula if ont only ~nd
shall be plur~l jointly and severally if mwe than w,e, ~rd rhat the word '9hei:' ai used anywhere in this Mwtpa~ sMll be t~ken to mtan "his:• ••h~n.••
' w"its;' wherever the conte:t w impliq or ~dmits. Also, that wherever there is • ref~rence in tht covenanri and ayreemenri herein cont~ined to ~ny o1
- the pa~tics hereto, the same ahall b~ construed to mean as well a~ the l+ein, le~al representatives, tuccesson ~nd assiy~ (either voluntuy by M of tM i
parties w involuntary by oper~tion of the law) of the sam~ and th~t the covenanti herein cont~ined ihall bind ~~d the benefin and advantapu irwr~
fo the respectiv~ hcirs, ky~l ~epresen~atives, successon and au'qns of the p~rties hereto.
And uid Mwtgsgo?s, fw themselves snd their he"as, legal representativd, tuccesso~s ard assi9ns, hercby jointty ~nd severally cov~nant pr~t
fo ~nd wifh tF+e said MORiGAGEE, ib successon and +ssigns:
- 1. To pay ~fl and •inpulu ths pri~cipal and interett and the varian and sundry wmi of mor~ey payable by virtw of said promi~swy not~, and tha •
mortqape, sach and every, promptl~ on tM d~ys respectivel~ the same severally become due. ~
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- 2. To pay •11 and ~~n~vlar the taaes, ~ssesune~n, levies, IiabiliY~es, oblig+tia» ~nd er+cumbr~rxes of every rrtu~t aad kind now a+ said dtw~bed '
property, w that here~fter may b~ impo~ed, suffered, ptaced, kvied, o~ assessed therwn, or that hcreafter may bt kv~ed a ssiessed upon this Mort~- ~
•9e, a the indeb~edness secu~ed hereby, each and ev~ry: when d~e ~nd paYable. accord~ny to law, befwe they b~corne d~linq~xe~t, snd befw~ ~ny inter~st
attaches w any penalty is incurred; AND INSO~AR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCHARGEO OF ;
RECORO AN~ THE ORIGINAL OFFICIAt DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~
OR CERTIFIED} SMAII SE PLACED IN THE MANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tht went tMt any thereOf is not ~
pa~d, ssr sfied •nd diuherged sa d MORTGAGEE may at ~ny hme p~y the same or a~y part thereof without w+~ving or af(ectiny any option, lien, equity p
_ n~ht unde? o~ by virtue of this mortgage and the full •mount oi each and every such paymeM shall be immed~ately due and pay~ble and tMll bou interest ~
- ~.om the date thereof uMil pa~d at rate o~ n~ne per cenf~m per annvm •nd topether w~th svth i~er~st secur~~Fy,~j~n of th:i mw9tpe.
= so~~ fi~7 FAGt 47