HomeMy WebLinkAbout2626 . . 22~~'~2~ ~
TMIS INDENiURE. Mad~ the itith ~y of Janucily J?.D. 19 betw~r.?
Harren F. Youny and ~inda ti Younc~, his wife
of S L. L.U C 1@ Cp~~ry flaid~, Atreinafter dttyneted ,as the "MORTGAGOR," +nd F1RST FEDERAL SAVINGS AND IOAN
ASSUCIATION OF FORT PIERCE, a co~paat~oo or9anized ~nd ex~s?i,g unda tM laws of tM Un~1~d S+N~s of l~meriu ~nd Mvinp in principa) pl~c~ of
. busineu i~ tM Ciy of Fwt Pi~rc~, St. tuci~ Covnty, Ftorida, hareinaftK desiynated as ~F?~ "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jv~tly ind~bted to ths MORTGAGcE in the sum ot = 11 ~ VOO. , good artd lawful mon~y of the Un~ted
~ S~ates ad~anced by the ~AORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuwy note of sven date herewith, of wh~th the followinq in
~ :=sds and f~gv~q i~ a?:,x cogy, lo,~,~~r
= 11,000.00 ~ :S-i~~b33
~ P;~~~.. F+a~~. January 14, 1972
. fw val~e-~eceived, 1, we w either oF us, prom~se ro pay, wirhaut defalcation, ?o the ordrr of FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF
~ FORI PIERCE at fort Pierce, Fbrida, the sum of S 1 1~~-'~~~' with interest from date at the rate of 09e' per annum, in rtanthly install-
• ~
menra as follows: S ~3.00 15t ~y of ''<3TCh ,~q~~ a like sum on the correapondin~ day o! each month then-
afrer uroil the whole be futly pa;d. -
Each insral~ment fint shall be appl~ed in payment of the inte~eat ~nd the~ on ~he unpaid balance ui the prinupal sum_ If d ault is made in ths
~ payment of any installment when due, and wch dcfautt cont~nues 3p days, tF~en at the option of the holder, and without any other notrce, all the remainir?g
i :~~sullmentt shall be due and payable at axe. Privite9e is given to prepay thii note in whole w in part at any time without penalty. Nrither fwebearuue,
C nor acceptance by tht holder the~eoi after any default in any paymeMS he~eon, shall be deemed extens~on. A lale payment cMrge of •
6~- sh~l) be
added ro each installment remainirg unpa;d 7 days afte~ its dus date, ~nd a like sum shall !x added ro each avch inatallment temainirg unpaid 7 days after
each succeeding payment date.
` Each maker, surety and endorse~ hereof, jointly and severally, waives demand, presentment protest artd notice of proftst fw nonpayment, and further
' a9rees fo any extensron of time of payment, either before w after maturity, withouf not~ce to any oi us; and to pay all costs of collrction, inclvd;ng a
~ ~easonable attorney's fee in the event of any default hereunder, and hereby severatiy waives atl benefit of homestead and ezemption under the to~stituYan
and Iews of each State of the United States, as against this obligatioo or any e:tension or rcnewal hereot.
~ 'rrii~~ai tini haiKi i~ni iea: a~f e: :i ~.r.:y.
s/ t~~arzen F. Youna
~ - - (sE~U
(senu
~ s/ Linda ci. Yaung ~~i~
~ i ~ jb • ~ Srate Revenue .
(Sa~?~wnwdhd s~ wl~lasl~+ots)
NOW, THEREFORE, ths MORTGAGOR fw the r ng p~y 11 ~0~. OO
, pu pou of securi ment of aa~d sum of =_i and the performenca of th~
. covenaM~ and agreemc~ti herei~alror expreucd. u+d fw diven good and wlwble considerat~ona, by thes~ presents, does yram, baryain, sett, rem~se,
releau, co~vey ~nd confirm unto the MORTGAGEF, its successors and assigns, ell that certain bt, piece or parsel of land, situate, (yinq, and beinq in th~
County of S L. Lr1C 1 ~ and State of Florida, dewibed as follows:
Fro^~ the iniersection of tEie center Iine of ~leander Avense and Sixth
Stre~t, ltihite City, run rast SE~O feet for ~oint of bc5inning; thence
coritinue ~ast 10:? feet; thence ~orth 120 feet; thenc~ t~esc 10~ feet;
tt1e11C~ ;uuii~ icv i~~~ i~ i:~ ' ~ „a c`nt_~n ?
V:.i.~ O. i~.i" ~
1J a.J +iay ~ a. 1 '
Township 36 Sauth, Range 4~ East~ piat of khite City, as record~d in
' Plat Sook 1, pac~e 23 , Publir Records of ~t, l.uci~ County, rlori~aa,
~ together wiLh zi~~hts of inr,ro~s~ and eyr+~s= :~vez Rnita ;treet in tr'hite
~ _
~ City, V
~
~
~
~ ~ S71~1" ~ L U f~ 1 U A
~ y. p~~~pc~~ 57AMP TAX
~ ,v,,.. _ A..,.,,,q
~ j _ JM118'?~ ~ 6 5 ~UF p~jr~
` ~ ~ r -od
~ v~ V ac?r.a~ et~ . -
~RS~MMT ~ ~NT~yyG1~ ~~flY? OF ~
E ~B.~~s~~s R~OG,EIt pp~ C~ER )1•~~ ~~L Pt~pPf~
s ~tert ~ ~ ~ 19)2.
' ~ ~
~
; rogether with all a~d ~inguls~ the teneme~n, heredit~ments and appurt~nces therwnto belonginy or in ~nywise appertaininp thNtto, and ~N ~ents, tuws.
~ prxeeds ~nd profirs xvuirg and to xcrve f~om said premises, sIl of wli~ch ~re included in the ~bov~ ~~d for~poinp dacription and habendwn.
TO HAYE AND TO HOID the +bovs describ~c! and pranted prem;sK unto tM said MORTGAGEE, its iuccaswn ~nd ~~iipm for~vK. Md tlw s~id
° their
3 MORTGAGOR fw - heirs, executors, administrators ~nd auigns, h~reby cov~nanti with tht t~id MORiGAGEE, i» svtcKSws ~nd astipns,
~ th are
` ihar - lawfully sei:ed of fhe aaid pemis~~ in fe~ timple; thaf tM famr ar~ fr~s, cle~~ and diuha~Qed from ~II li~ns ud ~ncw~r
~4 tY. •~d that t he y will .nd
E branch in law w in ui t 1'1 e 1! hein ihall warrant and d~f~nd tFw titlt ro tM sarr» fo tFr said
MORTGAGEE, its iuccESSOrs and assiyns, faever pains~ the Iawfu~ dsims and demands of aU persoro;
PROVtDfO, ALWAYS that if fhe MORTGAGOR shap pay u~to the MORTGAGEE t?~e p?omiuory note hertinbefd~ d~wibed ar?d sh~ll f?vly, promptly f
- and fully perfwm, diufiargs, execut~, compkte, comply wi?h •nd abide by each ~nd every the itipulstions, ~Qreemtnts, tonditiau and covsnann of said
promissory nma and of fhis Mortgaye, then thii Mwt9ag~ and the Ett~te hereby u~ated shall ceas~ ~nd be ~ull and void.
; li IS UN~ERSTOOp that the wwd "Mo~tg~yor" whether in t1+~ :irpular w plwa! anywher+ in ?his AAwtgap~, shall b~ sinpular if on~ only aod
shall b~ plurat jointly ~nd s~verally if more than one, snd that tM wad "their" ~s used anywhen in this Mortyap~ shall b~ t~k~n to eman •.hia,•• ••h~rs;'
` or "it~ " wMrever the cont~xt w implies or admits. Also, that wFwrewr ~here i~ • r~f~rence in ~he covens~n u~d yr~.m•nn herein co~r•in.d ro~ny oi
? ~1x pa~tiei herero, the same stwll be consrwed to rrNan ~s well as tF+~ Min, leyal r~prpent~tives. ~ucuuors ~nd assipro (~ith~r volunury by xt of th~
~ parties o? involuntary by opsr~tion of the law) of tM tame and that 1he covenaots Mnin cont~ined sMll bind ~~d th~ b~nefiri and ~dvant~s inur~
; ro tha respective heirs. ip~l represeMativss. succesw~s ~nd ~u'yns of th~ partis~ hereto.
And s~id Moreyagon, fw them~tlvei and their heirs. legal rtp~es~m~tivss, ~~cceuon ~nd suigns, hereby jointly a~d swa~lly cov~na~t and pr~e
to snd with tM taid MORTGAGEE, its iucc~saa~ and auigns:
; 1. To pay all a~d ~inpular th~ prinripal ~nd intereit and th~ variovs snd iundry sums of morMy payable by virtw of aid promiuwy not~, and tha
matysp~. ~ach and ~wry, promptly on fhe days resp~ctivtly fM samt ttvtrally bscome dua.
2. To pay •II ~nd ~lnqvlar th~ taxq, as~ssmen», terie~. l;abilities, oblipations ~nd ~ncumbrances of evsry rNtw~ ~nd 4ind raw on s~id describ~d
propaty, a th~t he~eaftK may be ;mposetl. suff~reA, pl~c~d, kvied, a~utss~d tMreon, q that here~ftK m~y b~ kvied o? useswd ~pp~ tF~h IWptQ.
~k
age, a th~ ind~btedneu secu~d 1?~reby ~~ch ~nd tvtry, wMn dw and pay~bl~, accwdirg ro taw. befor~ th~y becorn~ d~lirp~~snt, and b~fo~~ ~y ln»r~st
attaches a~ny pe~aNy is incvrred; /1ND tNSpfAR AS ANY TMEREOF IS OF RKORO TNE SAME SHAtt 6f PRO/NPTIY SATISFIEO AND ~ISCHARGEp pF
RECOR~ AND THE ORIGINAI OFFICIAL ~OCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT pR TNE SATISFACTION PAPER OfftClAtlY ENOORSED
OR ~fRTIF1ED) SHAIi 8f VLACED IN THE NANDS OF SAIp MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tM er~nt that ~ny ther~of a not
pa~d, sat'sfied and discharged sa:d MORTGAGEE m~y at any t~me paY the same or any part ?hereof w~thout waiviny or affectirq ~ny option, lien, puity a
•~pht under o~ by virtue of this mortgaye and the fult smoum o~ each and every such paymenf shaN b~ immediuely due and payable and shall b~ar int~r~s~
~.om the d~te thereof until paid st rate of nine per centum per annum ~nd toyethe~ w~~h such in~rO~~~~u~~ of th:s mOryb~.
a
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