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HomeMy WebLinkAbout1986 221832 TNIS INDENTURE. M.ae f?K 1 Ot h daY os `~anu`~!y _ A.D. 19 72 b.+r+..n Stephen Fredt:rick Joryan~~n and Constance Jos~ ~li~~er Joraense:~~ his wife - of ~t . LJG1C County Florids, h~reinsfter designste~ q' tht "MORT('sAGpR," w~d FIRST fEDERAI SAVINGS AND IOAN A$SpCIAT10N OF FORT PIERCE, a corpwation aganized +nd exwtiry unda the I~wt bl tM Un~ted Sta~~a o~ America ~nd Mvinp ita principal pl~n of bus~nea in tM ~iry of FoA Pi~rte, S1. lutie County, florida, Aerein~her desgnsted +s tM "MORiGAGEE." WHEREAS tM MORTGA60R is ~ustly indeb~ed to ths MORTGAGfE in the sum of = 13 ~ 90J . t7n snd lawful money of the Un~ted S+ates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~denced by • cer~ain promiuory r+o1e of even date herewith, of which tM followinp in ` words errd figurea is a true copy, towit: ~ z 13.~O~.t~? 3-17~ii03 Fo.r PK.ce. F~w~d.. January 10, ~y 72 ~ Fa value received, 1, we w eithe~ of us, prom~se to pay, without defaltanon, to the order of FiRST FEDERAI SAVINGS AND LOAN ASSOC~ATION Of ~ FORT PIERCE al Fort Pierce, Fb~ida, the sum of j 13 ~~JJ• `~'7 w;th inrerest from date at the rate of 7•~~ pe! ~nnum, in ~wnthEy ins!+II- ~ ~ ~nenrs as fo~lows: i 11 1 Gt day of ~tareh ~q 72 a~ ~ I;ke sum on the correspond~np d~y of ~~ch month thart- arier untit the whole be fully paid. Esch installment (irst shalf be applied in payment of the inte?est and then on the unpaid balance of tAe principal wm. If d auh is rrwds in fhe ' payment of any instailmeN when due, and such default tominues 30 days, fhe~ at the option of the holder, and without sny other notite, all the remainiry ~r~s~allments shall be due and payable at once. Privileye is g~ven to prepay this note in whole o? in part st any time withcu! penalty. Neither fortbear~nte, , nor ecceptance by the holder thereof aftcr any default in any payments herepn, shall be deemed extension. A late paymcnt charye of 75 sh~fl be ; ~dded to each installment remaining unpa~d 7 days after ib due date, ~~d a IiEe sum shalf be added to each such installment remaininp unpaid 7 days ~Ner ~ ~a.h wcceeding payment date. ~ Each maker, su~ety and endarser hereof, ~ointly snd seve?ally, waives demand, preuntment protest end nonce of protest for nonp~yme~t, ~ad further agrees to any extension oi time of payrtxnt, eitFur before or after maturity, without notice to any of us; and to pay all msts of collection, irxludinp • rrasonable atiorney's fee in the event of any default hereunder, and hereby seve~ally waives all benefit of homestead and exemplion under tF+e constitution .~~~d laws of each Stale oi the United Stares, as against this obligation w sny extenaion w renewal hereof. 1Mitness the hand and seal of each party. s! Stephen Fred~rick Jorgensen ~~U (SE/?U ~ / ['r,r:C! ZTCO tn~r :~l ~ ~,oF 7nTnc~n~ ~ ~U ( ~ 2 g 5 ) State Revenue ~ {itanpc s+mwllei ~1c ~~st-~ws~) NOW, THEREfORE, the MORTGAGOR fw the purpose of secu~ing payment of said sum of s 13+ and the Pe?foren~hce of the ~ covenants snd agreemenb hereinafter expreaaed, and fw d~vera 9ood and v~luabl~ considerations, by these presenh, doea 9?~nt, ba~y+in, sell, remix, -eiease, convey and confirm unto the MORTGAGEE, its tucceuors and au~gns, sll that cen~in bt, piece or parcel of land, situate, lyirg, and beinp in the County of St . LuCle and State of Flwida, described u tollows: 'Ihe ~outh 12.5 feet of Lo! 14, ail of i.ot 1~ an~ the Vorta 25 feet ~f ;.ot lb, Block '•f~RRP~'LoTiiER PAR~: SJBLIV.SIO:, as pez plat there- af o^ file in Plat Eook 6, paye 16, P~blic Records of St. Lucie ~ ; Cou~*_y, Florida, ~ € a . > - ~ ~ ~ ~ S~ i~'~. l" t ~j t- L t~ f:~ ~ U ; ~~cc~;•:_~z~~~ s ~ ~ x c~c ~ d ~ ~ ~ z _ e ~ - - = RECEf YED = s~ = i - C(J1S5 ~C' ltit ; ~ = JAM ~ 0`7 2 ~ = D'JE OM I R P A r I K E F R O F TAXg ° = s z 2 Q v.J = PURSi1AA(T TO Cli,tiPtFR ~l~3~ PROPEki`r, ~ ~ U - f ~ _ ~ V~ c;EVr.eF c_v:.u:~•;- - ROGER POti ACtS OF 1917. ~ P8, »o ~ i z=_! - Gtr1 Circuit CcuR SL 1~ ;,o. fJa. ~ ~ ~ ,R rogether with all ~nd singular ~he tenements, hereditaments snd spp~nances thereumo belonyiny a in anywise appertai~inp therero, a~d all re~ri, iaswa, proceeds and profits ~caving and to accrue from said premises, all of which ~re incl~rJed in the abow and fa~yoirg dewiption ~rd h~bendurn. ~ TO tU~VE AND TO HOID tFx above described snd ynmed premises unto the said MORTGAGEE, iri wocesson ~nd +aiyos fwtwr• Md tM sa~d t~. th~iz MORTGAGOR fw - heirs, executon, administratws ~nd auiyro, hereby coven+nts with the said MORTGAGff, its arasssors and usipew. 4`S rhat - they are ~awfully seized of the said premises In fes simple; tMt tht wne ar~ fr~e, ckar ~nd d"ach~r~ad fran sll liem and ~ ~ brances in Isw w in equity, snd that t hey w~~~ L f!e 1I hein sh+ll warraM and d~fend the titls to th~ same to tM ~aid MORTGAGEE, ib succeuon and aas~pns, forever syairut the lawfvl claimf and demands of all perwrn: = PROVIDED, ALVYAYS that if the MORTGAGOR shsll p~y unto the N10RTGAGEE tfie promissory note hereLnbefwe described snd ahall frvly, promptly and fully perfwm, diufwrge, execvte, compkte, comply with ~nd ab~de by euh and every the stip~latioro. ~greemenb, conditions and eewnant~ of said _ promiuory note snd of this Mortgaye, thsn thia Mwtgape and the &ta~e hereby veated ahall ceast and b~ oull and void. IT IS UNDERSTOOD iMt the word "Mortpspor" whether in tht sirgulsr p plvrat a~ywhe~e in ihis Mort~ap~, :MII b~ sinpula? if orn o~ly and shsll be plurd 'pintly and severally if more tMn one, and that the wwd "f heir" as used ~nywhere in thia Mwtpap~ ~h+ll b~ t~ksn fo mean •'ha.° •"ksn.•• or •'its,° wherever the context so implies o~ admits. Also, that whcrever there is ~ referente in tM covenann and ap~sem~nb he?ein oonqirnd ro any of ' the parties hcreto, the same shall be construed to mem as well n the F~ein, leyal rep~esentativp, svcceswn ~nd auigro (eithu voluMary by act of tht - periies w involumary by operation of the !aw) of the s~me and that the coven~nts herein contained sMll bind ~nd the benefib ~nd advanta~yts irwr~ ;=i ro the respective heirs, leqal represcntatives, succcssors and us'pro of tM parties hereto. Md seid Mortqapws, fw themselves and thei. 1~ein. Ipal rep.e~ent~tives, wccessors and uigro, hereby jointly ~nd seve~ally cov~nt ~nd pr~e ~o snd with tF~e said MORTGAGEE, its succeason ~nd assiflrn: 1. To pay ail ~nd sinpular thc principal ~nd i~terest and the wriovs ~nd sundry wmi of money p+Y~ble by vi~tue of said promissory note. ~nd this t ~ mo~tQage• each •nd every, p~oi++ptly on the days respactively the same sere~~lly becorne due. f 2. To pay ~II and sir?gul~r the ta:es, atsesune~n, kries, liabili+ies, obliyations a~d wxumbrsnus of every n+ture and kind now on said dacr~ad f ses prc,perty, w tha+ he?eafte~ may bs impwad, suffered, plxed, kvied, w~uesied theraa+, a tMt here~fier msy b~ kvi~d a aaNas~d upon tl+i~ Mort~ j : ape t , ` aye, a tht 'a+debt~dness secured hereby. ~~ch and eve?y, wher+ dus ~nd payable. ~ccwdirg to law, befort they become d*linquem. M+d befwe arhr iM~r~st - r~~ artaches or ~ny pen~lty is incurred; ANU INSOFAR AS ANY TMEREOF IS C~ RKORD THE SAME SHAII SE YROlNPTIY SATISFIED ANO OISCMARGED OF ' : RECORD AND TME ORIGlNiAt OFfIC1Al DOCUMENT tSUCM A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfIC1AlLY ENDORSED i - OR CERTIFIED) SHAII BE PLACED IN TIIE HANDS Oi SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evem th~t ~ny tha~of it rw~ va~d, sat'sfied and discharged se:d MORTGAGEE may at eny time pa~ the seme or any part the~eof without w+iviny o? +ffectinp ~ny option, IiM, equiry a ~~aht under w by virtue of this mortgaye ~nd the fvll amount of each •nd every such psyment shal~ be imrnediately due •nd payabk and sMll btar intaest z; ~•om the date thereof until paid at r~te of n~ne per cenrum per •nnum and toyether w~th such ~y,~ secur ~eo ot th:s motqtap~. 3 ~ a~~~0 ~ - - w: