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HomeMy WebLinkAbout2361 2241~0, TMIS INDENiURE. Mad~ ~he ~?th day of Februarv p.p. 1q_ between _ Charles A. ~rner and Robin Tura4ra h~ wi~e of Ct• ~1Ci@ ,~punfy f~orida, her~inafta desig~ated as tM "MORTGAGOR," and FIRST FEO"cRAL SAVINGS AND IOAN ~ ASSOCIATtON Of fORT PIERCE, • co~por~f~on w9~nized •nd exlstirq unde~ tl~e I~ws oi the United Sta~~s of America and h~vinp iri principal place of 4 bus~neu in th~ City of Fo?t Piace, St. lucie Cou~ty, florid+, herein~her dtspnated a~ tn~ '2MQRT~OGE~ WHEREAS th~ MORTGAGOR is justly indebted ro the MORTGAGEE in the sum of S b~ • , good and lawful mo~:ey of the Un~ted S~afes advanced by ~he MORTGAGEE uroo the MORiGAGOR, as ~vide~ced by a cena~o promiuwy note of even date he~ew~th, of wh~ch the iollowing in words •nd figures ~s s trw copy, +o-W~t: 3-17~~o j z 26~~00.00 ~ Fort Pieres, Flaida, F@bI'118I'y 19_J.~ fw va~ue receivcd, 1, we or either of us, prom~sLe to pay, wit~out defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum oi S 2vL0~•~ with interest from date at the rate of ~a~2..~ per s~u+um, in monthly inslall- ~ren~s as fot!ows: f 2~ Q~QQ- on the day of Ju[L 19~- snd a Gke sum on the carecpondir?q day of each month there- after umil the whoie be fully paid. Each ins~allment first shall be appl~ed in payment of the inte~eat and then on the unpaid balance oi the princ~pal sum. If d ault is made in 1he ; e:ment of any installment when due, and such default continues 30 days, then at the option of the hoider, and without any other not~ce, all the remaining :,~rallmenfs shail be duc a~d payable at once. Privilege is given to prepay this note in whole or in part at a~y time without penalty. Neither faelxarance, oor atceptance by the holder thereof aher any default in any paymenti hereon, shall be deemed extension. A late paymeM charge of • sha11 be :sd~ed to each installment remain~ng unps~d 7 days after its due date, and a like sum shatl be added to each svch installment remain~ng unpaid 7 days after _ ejch iucceeding paymenr da~e. Each maker, surety and enduu~ hereof, jointly and severally, w+ivn demand, p~esentment protest and notFce of protest fw rwnpayment, ~nd further agrees to any extension of time of payment, either be(ore a after mawrity, without not~ce to any of us; and to pay all costs of colietticn, including a ~.-~sonable attorney's fee ~n the event of any de(autt hereunder, and he~eby severally waives all benefit oS homestead and exemplion under the constitution e~d taws of eacb State of the U~~ted States, a: against this obl~9ation w ~++y extension or renew+l hereof. ' W~tness the hand and seal of each party. 4~ Charles A T~rner es~ai~ lSEAI) ,g,~ ~b~II Tl1T`Cle2' (SEAL) cs~?u ~ $39 . ~ ~ State a~,~„~ ~ . . NOW, THEREfORE, the MORTGAGOR fw the pu~poae of securing payment of sa~d sum of i 26.~ ~0 and the performance of the covensnts ~nd agreements hereina(rer expresscd, and fw divers yood and valusble consideratio++s, b/ these presents, does grsnt, bargain, sell, remise, reiease, convey and confirm unto the MORTGAGEE, its succeuors snd ~~signs, all that certain lot, pEece w parcel of land, •ituate, lying, and beirg in tAe County of St. ~t1Ci8 and State of F{o~ida, deuribed ~s follows: Lot L~, and the East 48 feet of Lot 5, Block 1, CAROLWOOD TERRACE, ~ as per plat thereof on file in Plat Book 1 Lt, PaBe ~t9, of the Public E Records of St. Lucie County, Florida'~ i i ~ i ~ [ - ~ DO~CAUM NTp ~ S AtR_P_ 7AX : ~ U ~ ~ d °~"•a - . J~ s FE821''R ~ 3 9 4 0= RtCEfYED E-~~ pAYlA6'tT OF TAKES O = ~ ~ V ~ Di.~E OS! CIASS 'C 1~ITA~!tiIS:C P":'.C'~~L ?RL: EA3Y, ~ y~ ~(?i.~ R[rEwE ' ' - v~ P~»0112 ~ p(~~T TO CHAPTER 11•134, Ai1S OF 13I1. ~ t ~ RGGER P01(RASr i;ierk C'.r~it Co~rt. St. L~c~e C:. Fla. G k ~ ~ ~ b !ogether with ~It and singular the tenements, hereditaments and appurta~ces thereumo b~longinp a in aoywise appert~ining therero, and ~II rents, iuues. i Prxeeds snd profits ~ccruirg and to ucrue from aid premises, all of whid? are incluJed in tF~e abov~ and foregoirg dewiption ~nd h+bendum. ~ TO HAVE ANO TO HQtD the •bove desv3bed and yranted p~emises ~nto the s+id MORTGAGEE, its svaeasws and auiyna foreva. Md tiw sald ~ MORTGAGOR fw e ir heirs, executors, ~dministntors •nd ~ssiyr+s, hereby covenants with the said MORTGAGEE, its suttessors ~nd auipra, ' ~hat law(ully sei:ed of tF~e said premises in fee simple; that th~ same ue free, ckar snd discharyed from all liero u~d encum~ ` branccs in law w in equity, and that the~ will and their hein ~hall w~rrant ~nd defend tFw title to the ~amt fo tM s~id - MORTGAGEE, its successors and sui9ns, fwever ayainat the lawful clsims snd demands of all perwns; PROVIDED, AtWAYS tMt if the MORTGAGOR ihall pay unto tFx MORTGAGEE the p~omisswy note hereinbefor~ deuribed and aha11 truly, ptomptlY end fuily perform, d~xh~rge, execute, complete, comply wifh end sbidr by each and every the stiputst~ons, ayreements, conditions ~nd cov~nants of uid promi~awy noq and of this Nbrt9age, then this Nbrtg+ge and the Es~ate hereby ueated shall uase ~nd be null and void. = IT IS UNDERSTOOD that the wad "Mortyayor" whether in tM singulsr w plural anywhere in this Mort9~ye, ~hall bs ~irqular if ont only and ihsll be plurd 'piMly and stver~lly if more tMn one, and tMt the wwd "their" as used anywhere in this Mort9a~e shall be f~ken to meao "his,'• •,htn;• - w"its," wherever the conte:t w implics nr admits. Alw, tMt whereve~ there it a reference i~ the covenanb ~nd ayreements herein contain~d to any of " :he parties hereto, fhe tame shall be caurrued to me~n at well ~s the hein, legaf rtpresent~tives, iuccessors ~nd assi9ns (either voluMary by act of tF~t parties p invot~Mary by oper~tan of the law) of th~ s~me and that the covenants hecei~ tont~ined shall bind ~nd tM benefit~ and ~dvsMayts invn - to the retpective he'us, ley~l representatives, successws and au~gni of the parties hereto. - And iaid Mortgs9ws, for them~elves and their heirs, leyel rep?esentativcs, successors ~nd +ssiyns, hereby joimly snd aeverally covena~t and ~pree = fo ~nd wifh the ssid MORTGAGEE, its ~uccessors and assiyns: _3 1. To pay •II and tirg~lar the principal and imerest •nd the various and sundry sums of money payable by virtue of taid promissory note, and tbis mortype, each ~nd ev~ry, promptly on tht days respectively tM same stverally becane due. r: 2. To psy •II and ~i~gular rhe tsxes. ~s~essmsnb, levies, fi~bilities, obliyatiom ~~d enc~mbruxe~ of svery nafure and kind now on uid dewib~d 2 property, w thst hereah~r msy b~ impw~d, iuffered, plxed, levied, w as~essed ~hereon, w that hereatter may be lev~ed a~ssessed upon thia Mort¢ ,~y eye, o? tht indebtedneu tecured hereby, ~ath and evtry, wfien due and payable, stcordinp to law, beiat they become delinquent, a~d befot~ ~ny inter~it " attaches or any penalty is inturred; AND INSOFAR AS ANY TMEREOF IS OF RKORU THE SAME SHAIL SE PROMPTLY SATISFIE~ AND OISCHARGEO OF ~ RECORD ANp THE ORIGIf3Al OFFICIAI OOCUM.ENT (SUCH A5, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSEO ~ OR CERTIFIED) SHALL BE PLACED IN THE MANDS OF SA?D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event tMt ~ny thereof is not - pa~d, sat s(ied and d~scharged sa:d MORTGAGEE may s~ any t~me psy the same w any psrt ~he~eo~ w~~hout waivi~g or a~fecs~ny a~y option, lien, equity a •~qht under w by virtve of this R+or~gaye and the full amount of each and every such psyment shall be immediately due and pay~b4 •nd shall bear interes~ ~rom the date tF.ereof umil ps~d at rate o~ n~ne per centum per ~nnum and toge+her w~th such interest sh~l{,~ ~u~~y tPh~C~~/~wytpe. U o tJt7 ~ f~ ~117.3