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HomeMy WebLinkAbout1205 223303 ~ TMIS INDENTURE. AMd~ the 28th dsy of January A.D. 19 72 between _ Geor~e D. Smith and Clara I. S~nith~ his ~ri!'e of St. I11Ci@ Counry Flwida, hereinaftN detynared th~ "MORTGAGOR," ~nd fIRST fEDERAI SAVtNGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpora~ion uyani:ed and txistinp u~de~ tM law~ o/ tM United St~t~s of Americ• and Mvinp iq principal ptw of bus~rks~ in tM Ciy of Fort Pisres, Sf. luci~ County, Flwida, htr~inaftt~ d~i~gnsted ~s th~ "MORTGAGEE:' WHEREAS ths MORTGAGOR is ju~tly indebted to tl» MORTGAGEE in ths tum of = ~6~8~~~ good ~nd tswfvl monay oi the Un~ted Srates ~dvanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissay note of even date herewiih, of wh~ch th~ fOitpbiop 1~ . wordt and figuret if + trw copy, to-wit: . r_~ s t6,800.00 Ho. ~ ,.8...•.. :j F«, P~e«.. Fi«cd.. Januar~_28~~ • ~ Fw wtue receivrd, 1, we w either of us, promise to pay, without defalca~lon, to ihe orde~ of FIRST fEDERAI SAVINGS AND IOAN.(?SSO~~pT~D~~. FORT PIERCE at Fort Plerce, Fbiida, tAe sum of : ~ 6+ g~• ~ w~~h in~crest from date st the ?ate of 7• % pK +~w)+, R! ~Lrw~thlY j~t~{!~ ~~ents as foltowi: S ~ 25•~ on ~he ~ st day of J~e 19 7~ ~nd a I~ke sum on the cwrespond~rg day o! exh~~~iith t~e- ' ~ afrer until ~he whole be fully paid. • ` I, Eath installment first shali be applied i~ payment of the intereft and then on the unpaid ba~antc of the princ~pal sum. If d ault i{.made,le t11s ~ Farment of any installment when due, and such de~a~lt continues 30 days, then at the option of the holder, and wifhout sny other notice, all tlte rtmaining ~~~i~allments shall be due and payable at o~ce. Priv~leg~ is given to prepay this note in whole or in part at any t~me without penalty. Nei het iaebearance, nor acceplance by ?he holder thcreof aftFr any default in any payments hereo~, shall be deemed extension. A Iate payment charge of s~~2~ sh~ll be S~ adJed to each installment rcmaining unpa~d 7 days ~fte~ its due date, and a like sum shall be added ~o each such installment ~emaining unpaid 7 d~ys after «ach succeeding paymrnt date. ~ Each make?, surety and endwscr hereof, jointly and severally, waives demand, preuntmenl p~otesl and notice of protcst fw nonpaymeM, ~nt1 fwtber j agrees to any extension of time of payment, eithcr before or after maturity, witho~t norice to any of us; and to pay all costs of collectiprR, Intludi~ reasonable attorney's fee in the event of any defa~lt hereunder, and hereby severally waives a?I benef:t of homestead and exemption undar tF~,tortYfutidf~ . jnd laws of each Stete of ~he Unitcd Sutes, as agsinst this obligation p any e:tens~on o? ~enewal hereof. ' ' Witness the Mnd and seal of cach parry. 1 s/ (3eorQe D. ~mith ~1W \ - ~ - ; ~ : - s Clara I. Sadth , . ~ ~ ~ $25.20 ~ s~.t. ae„e++u~ - - r . 1~1. . . . ' NOW, iHEREFORE, the MORTGAGOR for the purpose of securing psyment of ~aid sum of S ~ 6~ a~'~ and th~ perfonn~nte of tM covenants +~d agreemcnts hereinafter e:presscd, and tor d~vers flood ~nd valusble conside+st~ons, by these p?esents, does yr~nt, ber9~in, ull, r~mise, release, convey and confirm unro the MORTGAGEE, iri successors ~nd ~uiyns, all tAat certain lot, piece or pucel of I~nd, tituate, lyinp, and beinp in fM County of $ti. Lueie and State of Fbr~, deicr]bed +3 tollows: ~ Lot 26, Block 392, PORT ST. LDCL, SECTION 24, as per plat thereof on fils in Plat 8ook 13s Page 31, of the Aiblic Records of St. Lucie Caunty, :~'lorida, / ! i ~ ~ i . . ~ ~~i"AT~ ~-U,4-~ I J.A v i~r`:;'J:~=;!~iA' , : 51:.:_-_-__ ~ ~ ~ _ .v.;'~ = J ///V Cr g ~ - FEB-4'72 ~t~ ~ - ~ P . : . ~ ~ = k / ~ O = RECC!~ED ~-~1-=- ~ iAr.!:.:f! '4 . f" V J~+/'! - Q(!£ QN C IyTAN'.;'~_t,F: ?:~:iN~1~ Yk;:rth'. CiiT.Of CLfi4'~E _ C ~ tn c~ If~'i- A~;iS ,•i 1~ ; ~ ~{j.tto>>z ptJkSt„1NT i0 Gt~'i ; a ~ ,rk . . ' : s R"uGER PGITR:'. G, :n ~ ~ ~ ~ . ~ fogether with •II and sinpular th~ tenements, hercd~taments and appu~tu~te~ thereuMO b~lorginy o~ in anywise ~ppertainirg tl+Keto. ~nd dl r~nb, iuues, pr«ecds ~nd profits accruinp and to uvue from s~id premiies, all of which are included in th~ ~bovt and fwaQoirg deuiiption ~nd habtndum. ~ es ~ TO NAVE AN~ TO HOID the ~bov~ described and yr~nted premises unto tM ~aid N10RTGAGEE, itt succ~ssora and auipnt fwevN. 'Md th~ said ~ MORTGAGOR for ---~~r heirs, executon, adminiitratas ~nd aasigns, hereby covsna~ts with 1M ~aid MORTGAGEE, iN wutuor~ u~d ~uipM, ~ ~hat --=~ii- a~'- - lawfu~ly seized of the ssid premi~es in ft~ simple; tMt the tarrw ue fret, dear ~nd discMryed from dl Ikro and ~ncum- brances in law w in equity, and that th~ wi~l ~nd their hei?s shall warrant and defend tFw titl~ to /M tam~ to tM s~id j MORiGAGEE, ib succeuors snd ~ui~ns, fwever ay~irut the Iawful claimf +nd demsnds of all ptrwn~; ~ PROVIDED, AlWAYS that if the NlORTGAGOR sMll pay unto the MORTGAGEE the promiswry not~ hereinbefote deKribed and shal) truly, promptly end fufly pe.iwm, d~xh~rge, execu~e, compkte, compiy with ~r?d ~bide by each ~nd ev~ry ths uipul~tions, apreemenb, conditiau •nd cov~nants Af Hid _ p.om~saory nort ~nd of this Mwtgy~, then this Mortysy~ and tF+e Estat~ hereby ve~ted shall u~s~ and b~ null and void. ~ ~ IT IS UNDERSi00D tMt the word "Morty~qor' whdher in fM sirqula~ or plural anywhere in fhis Mwtype, shall b~ sinpulu if on~ only u~d shall b~ plural jointly ~nd sever~lly if mon than on~, and tMt the wad "tM~r" as uted anywha~ in this Mo?tyaqe shall bt uken to mtsn "his:• •'Mn,'• " or "its;' wherever the context w implies or admits. Alw, that wherever there is • raferenc~ in the coven~nts ~~d ~pnements Mrtin toMairnd to arry of _ rhe pa.ties hereto, t!w iame shall bs cautrued to mean ~s well ~s tM F~e7n, Ipal ~~present~tiva, successora and assiyro (eifher volunfary by ~ct of 1F» _ parries or involunbry by operation of tM law) of the ~~me and that the coven~nts htrein cont~ined thsll bind ~od Ih~ be~wfih and ~dv~ntayp inw~ q ro the retpective heirs, t~yal reprctent~tives, successon and ~u~gns of tl+e parties h~reto. ~ ~ Md said Mortypors, for themselvq and thei~ luin, tey+l representatives, succeuus and auigm, hereby jointfy and ssvtrally cov~nant and spr~e j ~p ro ~nd with tM s~id MORTGAGEE, its successors and ~uigns: 1. To pay ~tl and sirgular the principal and interest and tF?e wriovs ~nd sundry wms of morNY paYaWt by vinw of said promiuory note, and tF?is mor~~aye, euh and wtry, promptly on th~ d~ys retpectively fhe s~me sev~r~lly becon+~ dw. 2. To pay •II and sinpular tM taae~, astessm~nts. Iwies, li~bilities, oblig~tions snd tncumbr~nus of tvery naturt and kind now on ~aid d~wib~d Prop~rty p th~t hereafttr may bt impw~d, wffered, pl~ced, levied, or sswssed thereon, a tMt htreaft~r may M Itvied or uses~ed upon this Mort9- ; sy~, p tM ind~btedneu ~ecured hereby, ~ach ~nd wtryr, when dw a~+d payabl~, xcordinp to I~w, before tl+~y becomt delinqw~t, ~f~ ~fW1 My I~ItMt1/ _ R; attaches w any penalty is inturred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TNE SAIVIE SHAII SE PROMPiIY SATISf1ED AND DISCHARGEO OP ? RECORD AND THE ORIGINAI OFPICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THf SATISFACTION PAPER OfFICIAIIY ENDpRSED ~ OR CERi1FIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~nt that any thereof is na paid, saYified •nd discharged sa:d MORTGAGEE may at sny time p~y the s~me w sny part Ihereof without w~ivir~y w affectiny any option, lien, eqviry a •~aht vnder or by virt~e of this mortyage and the full amount of each ~nd every wch payment shall be immcdiately dw and payabk ~nd shall bear interest ~~om ~he date thereof until paid ~t rare of n~ne per centum per ~nnum ~nd t r uch intere~~shall be secured by the lien o( th:s morytpe. ~~1~'~ ~~~F 1~04 - n ~ - - _ - ~ ~ _ _ _ ~a _ . - _ _ _ :