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HomeMy WebLinkAbout0064 ~554 G " TMIS IkDENTURE, Made the L`t r day of T:~Tt;t:i=} 4.D. 19 hetw~en Da~~id J. F:c*nne-~y and }:ar.~l V~ ~crined~. his a•i2c° of ~L , L.:iC 1 E' ~p~~ry Flor~da, he~e~nairer des~gnared as rhe "MORTGAGOR." and i1RST FEpERAL SAVINGS ANp IOAN AS$pC1A~lON OF fORT PIERCE, • corpwat~on organizcd and ex~i~~ng und~ fhe laws of ihe Un:ted Staioi of America •nd having ifs principal pl~ce of bus~nes~ in ihe tiry of fort Pisrce, St. lucie County, florida, here~nafrer de~yna~ed as th~ "MORIGAGEE." WHEREAS the MORTGAGOit is ~ustlY indebted to the MORTGAGEE ~n the sum of S- "Q ~~~Q~' Q~ good and lawful money oi t~e Un:tcd S!arei advanced yy the MJRTGAGEE unfo the MORiGAC,OR, as ewdenczd by a cerra~n prom~ssc+y nore oi eYen da~e herew~th, of wh:ch the fuilow•ir~ in .+ords and t~gures is a rrue copy, to-w~u ~ -;~,Q~?O.+~J 3-17,N1R Fwt Picrce. Florida. J~~n;.ary 11 ~ 19 "~i 2 for ~at~e r~ce~ved, 1, we or e~7he, of us, prom~sc to p~y, without defalcar~on, to tlx order of fIRST iEDERAI SAVINGS AND IOAN P.SSOCIATION OE ~~.~.Ri PIERCE at fo~t P~erce, ftorida, the sum of j y~_~~~ • J~ wnh snterrs? from date at the rate of7 •~~Oe per anr,u:n, in monthly install- -~:,rs a~ ro::ow:: s 32 a~`?~- o„ f?k 152 day of ~~drCh 19 72_ and a like sum on the correspond~ng day of each month there- e'fer ~nh1 the who!e be fully pdid. Each ~ns~allment f~rst shall be appi~ed in paymem of the interest and +hen or. rhe unpa~d 'oalance of the priac,pal sum. !f d ault is made in the , o:mem of any ins~atlment when due, a~d such defau:~ con+~nues 30 days, then at the op+~on of the ho~der, and without a~y other not~ce, all the remainEn~ -.s!alimenis sheil be due and payab~e at once. Pnvilege is giveo to prepay this note io whok or in part at a~y ttmr without penaity. Neither forebeafance, nor acceptance by the ho;der thc~eof after any defa~It ~n any payments hereon, sfiall be deemed ea~e;u~on. A late payment char~e of S- 16 ~ shall be >aaed to each instei;,nent remsin~ng unpa~d 7 days afte~ its d~e date, and a:~ke sum snaii be adcrd zo ee~h wcli ~n;;a:;r.,~ni re.r,a::~ing unpa:d 7 days afte+ ra,h succeeding paymem date. Each maker, surety and endorser hereof, jo~nt!y and severally, wa;ves demand, presentment protest and notice of protest for nonp~yment, artd fuither jgrees to any exrens~on ot ~~m.e of paymen~, eirher beEore w after matur;ty, wifhout ~ot~ce to any of us; and to pay all costs of coltecfion, includ:ng a ~•~scnable ar.o.ney's fee ~n the eaem of any default hereunder, and hereby severalty waivrs ali benefit of homeatead and eaemption under the constitution : d laws oi each Stare of the Un;t~d States, as aga~nst this obGgarion or any exrens~on or renewa! hereof. i W~tness the hand and sta! of each party. _ • _5~ I`dVl~ J. Krnnedv (SEAI) RfCEtYE~ nY r (SEAL) j. ~C~'C _ p~ri~T Of Ii4ES s 1 F{a ze 1 V. Ke nne dy DtIE tNt C1AS,T'C IN'AMCIQ~ rE~yAi ?4G?£4f/, (SEAt) ~5+~ w s'~rA ~CiS Oi 1~71. (SEAI) ~ E' • ? ~ $tate Revenue R06ER ~t F~a ,~a~rqi~ a~ia3 s~ a~aiel=.~re~ ~ Ci~rt G~q~ ~t St L~a Co. NOUY, THEREFORE, the MORTGAGOR for the purpox of secvring p~yment of said sum of s'' ~0~ • U`~ snd the performance of the corr.~ants ar+d sg~eemems here~nafrer exp.essed, and fo~ d~vers good and valuabie cons~de.at~ons, by these presents, does grant, ba~ga;n, sell, rem~se, •:•:ease, convey snd confirm u~to thq MORTGAGEE, its successors and sss~gns, aIl that cert~in lot, piece or parcel of land, aituate, lying, and being in the .ounty of 1 E and State of Fbrida, desaibed ~s fotlows: Lat 2, Block 165, SOt'T~: PORT S: , Lz?CIE, '.~:vIT 1~, as per p.at 2 and t hereof on f i le :n F' lat Bo~'~c 1~~ pac:e,/2A, Puh I? c Pecords of ~=L .:.:cc:~ Cour.i y, F lcrida, r ~ i E f I S ~ f W ST~T t~~ r~~~1.~ o? v ~ DOCUN:~~ ~TL~p~ ~STAvi~X ~ - t .o ; ~ ~ = .~~Z~~n " `6 0 0 0 : o = _ : N~ c+EVT. OF RiYEtdK J_ t p8.HO1tL t i ~ = rogettkr with all ~nd singular the tenements, hereditaments snd •ppurtancea thereunto belw~ginq or in anywiie appertaininy ihereto, snd all rents, iuws, ~ o~ocerds and profits uc?uing and to sccrue from said premises, all of whrch sre included in the abov~ and faegoi~Q desviptio~ snd Mbendum. TO HAVE AN~ TO HOID the above described and g~anted premises unto the said MORTGAGEE, its a~cccsson +nd assi9ns fwever. Md tFw said ~ their ; M,ORTGAGOR for he;rs, executas, admi~istrators ~nd usig~s, hereby covenants with the said MORTGAGEE, its iuccessors and ~uiyro, i _the are ~~~ui~ ,~;Z~ of ~he s,~d rhat - y prem;s~.y in fee simple; that the aame are iree, ckar and dixharyed from alt liem snd ~rxvre~ ~ brances in law or in equ~ty, and that t h~=Y w;ll end t he 2 t he;rs shall w~rrant and defend the tirle ro the samt to the aaid - MpRTGAGEE, its successw• and aasigns, forever against the lawful claims and demands of all persona; } PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tFte promisaory rate herei~befpr~ described ~nd shall trulY• P~a++D~~Y ~ and fully perform, d~~ch~rge, execute, comple~e, comply wi~h •nd ab~de by each and every the atipulations, sgreements, conditions and cov~nants of s~id ~ promitfpry note and of thii Mortgaqe, then this Mwt9age and the Fstate heroby aeated sMll cease and be null ard void. i !T IS UNDERSIOOD that the wad "Morfyiyor" whether i~ tF~e s~nguiar or plvral anywhe~e in this Mwtg~ye, shsll be sinpular if one only and , shall be plural jointly and saverally if more than one. ~nd that the word °t he'u" as uscd mywhere in thK Mortyaye ~hall be taken to mes~ "hii; •••hen ~ ? w"its;' wherever the context so implies o~ admiti. Atso, th~t whereva nc~re is a refererue in the wrenants and ~yreements herein contained to any o( - she parties hereto, the same shall be con~trucd to mesn as well as the heirs, Ieg~I r~present~tive~, successon snd asi~yrn (either volue~tary by aa of th~ n partics w involumary by operation of the law) of the ssme and that the covena~ts herein contained shall bind ~nd the benefits and advantaye~ inure " ro the respectire hei?s, legal representatives, sutceuors and au~gns of the psrties hereto. Ar+d said M.ortg~gws, fo. thcrcutves and their heirs, legal rep~esenhtives. ~utcesto~s a~d •ssigrn, hereby jointly ~nd severally covenant and syree ro and with the said MORTGAGEE, its successors and sssiyns: l. To psy all and ti~gular the principal and imreit ~nd the various and sundry ~ums of money payabte by virtue of taid promi~sory note, and th;s mortyaye, exh and every, promprly on fhe days respectively t!x same ~cv~rally becort~ due. = 2. To pay all and s~ngul~r the taaes, assessmenq, levies, liabiln~es, obligations and eneumb~sncq of every natwt end kind now on said described ' P~ope~ty, a that herc~fier may pe imposed, suffered, Pl~ccd, levicd, or •ssessed thereon, w that hereafter m~y be ievied or as~ss~td upon this JNorty- ` age, a tht indebtedness secured hereby, each and every, when dve and payible, accwdirg ro law, befae they becorn~ delinquent. ~nd befwe ~ny iMasa a!~aches or any penalty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAIt EE PROMPTtY SATISFIED AND DISCMARGEO OF - PECORD AND TME ORfGINAI OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCF, TME 7AX RfCE1Vi OR TMf SATISFACTlON PAPER OFFICIAIIY ENDORSED - OR CERSIFIED) SHAII BE PIACED IN THE HANOS Of SA~D MORTGAGEE WIiHIN tEN DAYS NEXT AfTER FAYMENI; and in the event that any thereof is not = pa~d, sat sf~~d and discharged u:d MORTGAGEE may ar any t~me pay ?he •~me o~ any part thereof w~tFout waiving or affec~iny any option, lien, equity or •~~ht under oi by virWe of this mo.tgaqe and rhe full amovnt of each and every such paymem shall be immed~ately due and payable and sh~ll bear iMerest ; ~•om the date thereof until pa~d •r rate of n~~e per ce~tum per •nnum ~nd toyether w~th such inQr~t ~1~1q secured by tf~~ of th:s mwyta~e. ~ SCOK 1~7J P.1rE ~ ,