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Home My WebLink About1265 ~ 221313 TMIS INDENTURE. He,de ~n~_ 16th d,y oi December A.O. 19_7~... between Pinson Fields and Alka Rie2ds. his wita ~ ~ af St . LUC i@ Counry Flo~id~, he~eenafte~ desgnared as the "MORTGAGCR," and FIRSi fEDERAt SAVINGS AND IOAN ~ ASSOCIATION OF fORT PIERCE, a corporat~on wgani:ed and exisring under the Isws of ths Un~ted S~atos of Artxrica and Mving in prirxipel place of bus+ness in ihs City of Fo?t Pierc~, St_ Lucie County, Florida, he~ein~iter designated ai the "MORiGAGEE:' WHEREAS ths MORTGAGOR is justly ind~bted to the MORTGAGEE in tha sum of S 4~6~'~ 9~ and lawful mar.ey of 1he Un:ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date he~ew~th, of wh:ch the foilowing in wordi ~nd figuros is a trw copy, to-wit: s 4,600.00 No 3' 7 . Fo~~ Pierce, Florida, ~c esbe r Ib . ~q ~ Far value received, I, we or either of us, prom~se to pay, without detalcat~on, to the order ot tiK~l rtU[Ka~~ ~aviiw,S NIVV tVA1V i.aiv~~%a~~v~ti ui FORT PIERCE at Fort Pierce, Flo~ida, the sum of S_~6~'~ w~th intrrest from date a1 the rate of _8 _°o pe~ annum, in monthly instatl-' •~rnrs as folfowa: 5----~~-- on the day of Fet]Yl1~V 19__~_ and a like sum o~ the carespond~ng day of each monffi there- afrer until the who:e be fully paid. Each f~stallment (erst shatl be applied in payment of the intereat and then on thr unpaid balance of the pr~nc:pal sum. If ~t au t+s made in the ~arment of any instatlmen: when due, and such default continues 30 days, then at the opt~on of the holder, and w~thour any other not~ce, a:~ the remain~ng ~~stallments shail be due and payable at once_ Privilege is given to prepay this note in whole w in part at any t~me without penaity. Neither forebearance, ncr acceptance by the holdcr thereof ai~e? any default in any payme~ts herean, shall be deemed extens~on. A lare payment charge of S? . shall be ~d i~d to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each such insfallment rrmaining unpaid 7 days after rach succeeding payment date. Each maker, su~ety and endorser hercof, jointly and sevcrally, waives demand, presen~ment protest and not~ce of protest fw nonpayment, and further agrees to any extens~on of time of payrtunt, eithrr before w after matur~ty, without not~ce to any of us; and to pay all cosis of co:tection, includ~rg a <<~e:onable afromey's fce in the event of any defauit hereunder, and hereby seve~atly waives a~l benefit of homestead and exrmption under the constitutan ' ~"d laws of each State of the United States, as agamst this obl~gatian a any extension or renewal hereof. Witness the hand ~nd se+l of each party. s/ Pinson Fields (SEAt) " . (SEAU s/ Alka Fields (SEAu cs~?u 6.90 ~ State Revenu~ ;~a~ner t~neendd ron ~ortgtrtar ~mr liAr1, iHEREFORE, the MORTGAGOR for the purpou of seturing payment of said sum of S 4, 6~' snd tl+e pe?fwmante of the covenan~s and agrecmenrs hereinafrer expreued. and fo~ divers 9ood and valu~ble considerations, by these preacnts, does grant, barflain, setl, rem~se, r_~ease, convey and confirm unta the MORTGAGEE, its successors and asaigns, all that certain lot, piece or parcel of land, situate, lying, end bedng in the :ounry of St. LL1Cie and Sute of Fbrids, described ss followf: j Beginning at the SW -corner of the S8~ of the N6'; of the S~V~ of Section ~ n. w.-~--~2- oc c~..~t A_...... •f~ v~..~. ....v. Qw~? /CI~ E....? ..li?nh tl~e . i ~~i~ Ltl~il5ill~i .JJ JVY~tr~ ndaayc ~v a.oa~~ ~uc•.a.c a.s.a ...c.~.. vv ~c.~.. a~..++y i - ~ quarter auarter section line; thence turn and run North 150 feet paral- , ~ leling the East bounda.ry of said section; thence turn and run West 60 ' r ~ feet paralleling the South line of said section; thence turn South and ~ ~ run 150 feet to the point ot beginnin~~ O ~ ~ RfCEtYED S. IN ~A~~ ~ T~ D'JE ON C.L4~ 'C INTANGIB! E F'E~SCNAL PROPENTY~ ~ pC:'S-A;;• ,0 CFIPT-R 20724. AC~S OF 1941. ~ 5 I i i 1 C"F t~ L U(-1 ~~,G r t Coutt { c-: ~ ~:~.,u'•~•~T„~' ~ t:,; ;c-, T~X P~I f,AS, Cle:k Ci cu~ rs' ~ = 2s Age^t t~t CI;~~IEL N. KtiOWLES. JR , a = DEC 3~'71 -~~''"a ~ _ = " k:+.~~~=s~ 6 9~ St Lucie Cou,.t; Tax Callector ~ ~ ~ - - N (.-t'vr.9i c._.9s!~F~• l. - ~ P.d.:yoi~~ _ - = ~ ~ ~-llt DfPlfTY CLERK ; ~ ~ rogether w~th all and singular the tenements, Fro+ed~taments ~nd appurtsnces thereunto belongi~g a in anYwise ~pperl+i~ing fherefo, ~nd all rtnts, iuues, ~ v~ocecds and profits accru7ng and to accrue from said prcmises, all of which are included in ~he above and foregoing dewiption •nd habendum. i TO HAVE AND TO HQLD the above descr~bed end gra~ted prem~ies unro the said MORTGAGEE, iti successws and assigns fweve~. And tM said their ' N~ORTGAGOR for heirs, eaecutors, administrators and assigns, hereby covenants with the said MORTGAGEE, iri wtcetsors and afsi~ro, = they_ are _~,Wt„u x~zed of the uid ple; that the same ~re iree, cte~r and diuhar ed irom all liens ~nd ~ncurn- that - - Y premises in fee sim $ brances in law or in equity, and that they will ~nd thQir heirt sMll warrant u?d defend the title to tM same to the s~id MORTGAGEE, its s~ccessors and assgns, forever sgainit tFK lawiul claims and demands of all persons; PROVIDED, AIWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefwe dewibed and shall truly, ptomP~~Y - and fully pertorm, d~uMrge, execute, complete, comp~y with and abide by esch and evrry the stipvlations, agreements, conditions and covenants of ~~id promissay no~e and of this Mwtgage, then ~hi• Mortyage and th~ Es~ate hereby created shall ce~s~ and be null and void. IT IS UNDERSTOOD that the wwd "Morty~yor" whether in the singular or plural anywAero in th~s MwtZaye, ihall be sirqul~r if one only ~nd - shall be ptur~l jointly ~nd severally if more than o~e, and that tM wwd "their" as used anywhere in this Mwtyage thall be taken to mean "his;' "Mn," ~ or "its;' wher~ver the context w implies or admits. Also, that wherever there is a reference in ths covensnts snd agreements herein co~tained to any of the parties hcreto, the s~me shall be construrd to mean as well as the heirs, legsl rtprcunutives, sutcessors •nd assigns (either voluM~ry by act of tht : - partiet w involunury by operation of the Iaw) ot the same and that the covenaros herein contained sMll bind and the berxfin and ~dvantayes inur~ - ~o the respr_tiv~ he'us, legal representatives, successors and ~ss~yns of the partie~ hereto. ;-y And said Mortq~gors, for themselves snd their heirs, leg~l representstives, successors and assigns, hereby joinHy and severally covenant •nd ayree ro and with the uid 11r~ORTGAGEE, its succesaas and a~signs: ;r~ 1. To p+y •I) ~nd iirgulsr the printipal and infertst and the vsrious and sundry sums of money payabie by virt~e of said promissory note, +nd this z mwtys9~, cach and ~very, promptly on the days respectively tF+e ssme sevsr~lly become due. ` i _ 2. To pay all ~nd ~ingvlar the hxes, sssesunenn, levies, liabitities, obligatio~s and encumbrarxes of svery narwt and ki~ ~ow on said dewibed ~ prop~rty, o~ that here~fter may be impofed, suf(ered, pl~ced, levied, or +uessed thereon, w that heresfter may be levied w usessed vpon thh Abrt~- aye, w ~he ind~b~edneu secured hereby, each anA ev~ry, when due ~nd payable, accordin~ to I~w, befwe they bec«ne .'•elinqvent, snd befwe ~++y interei~ attaches or •ny penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAtt 6E PROMPILY SATISFIEO AND DISCHARGED OF RECORD ANO TNE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, TME TAX RECEIPT OR THE SATISFACiION PAPER OFFICIAIIY ENDORSfD OR CERTIFIEO) SHAIt BE VIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NFXT AFTER pAYMENi; and in the event that any thereof is not pa~d, aat'~fied and disch~rged sa d MORTGAGEE may at any ume p+y the same w•ny pert thereof withovt weiv~ng or a~fec?in9 sny option, lien, equity p •+qht under or by virtue of this mortgage and the full amount of tath and every such paymem shall be immediately due and payable and shall bea? interdt ~.om tbe d~te thereof uMil paid a~ rate of n;ne per centum per ann~m and toge~her w~th se,ch imerest shall bU:~c~r e lien m rgN~e. - Boax~ ~Acr . _ . .