The URL can be used to link to this page

Home My WebLink About2420 , , ` ` 2`73 ~ THIS INDENTURE, AA~d~ tM 23 rd d~y of Ma rch A.O. 19?? b~twaen James R. Osteen anci Nancy L. Osteen. his Nife of St i T.l1Cle . Co~nty flaida. he?ein~ftN detiq~f~ ar' tha '"MOR7GA00~," and iIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, ~ cwpor~tion orp~niz~d and ex~i~irq unde~ tM lav~n'of tM United SutK of Am~ric~ ~nd havirp in principal Flac~ of buiin~ss in tM Ciry of Fwt Pieru, St. tuci~ County, Florida, Mr~inaft~r d~siqna~~d u tM "NIORTGAGEE.'L. _ WHEREAS tM MORTGAGOR is jwtiy indtbt~d ro th~ MORTGAGEE in the sum oi = 13~~0•~ goad and I~wtvl mw~ey oi the Un~ted ~ Srates advanced by tM MORTGAGEE vnto the MORTGAGOR, as evidenced by a c~rUin promisswy not~ of even date he~switb, of whicii the followin~ ln wordi and i' ~res is a trw copy, to-wit: z I3 , 00~.00 r,~, 3-18 ,121 _ Fwt Piac~. Florida. ~1d I C~l 23 ~ 19 72 fw vafue ?eceived, 1, we o~ either of us, prom~se to pay, withovt defalcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIfRCE at fort Pie~ce, fbrida, the ~um of j 13 ,~0• ~ w;th interest from date ~t the r~te of 7• 7~ pat annum, in monthly inatal{- ~ ~.,enu as foltows: ~ 107•0O on 1F~s 1St ~y of hldy ~ ~q72 ~(ike tum on the curespo~dirg day of each month therr after until the whole be fully paid. Each i~stallment first shsll be appl;ed in payment of the interest and thcn on the unpaid batance of the princ~pel sum. If d ault ia made in ths payment of arty Fnuallmcnt when due, and such default to~tinuei 30 days, then at the option of the holde~, and without any other notice, all the remainin~ ~~sraltments shall be due and payable at ance. Priv~le~e i~ given to prepaY this ~ote in whole or in put at any tims without penalty. Naither forebear~nce, nor acceptante by the holder thereof afte~ any default in any payments hereon, shall be deemed exlension. A late payment tharye of = 5!^.35 fhal! bs added to each insraliment remaininy unpa~d 7 daya after iri dw date, and • like sum shall be added fo each such initallment remai~inp u~paid 7 daya affe~ each succeeditg piymMt d~te. Each maker, surety and endorsen c~reof, jantly and severally, waives demand, prese~tment protest and notice oF protest for nonpayment, and furlher agrees to any extension of time of payment, either before or after matur7ty, witlwut not;ce to iny of us; and to pay all coari of collection, includinp a rr3ionable atrw~ey's fee in the event of any defautt hereunder, and hereby severally waives all benefit of homestead and exemption unde~ the constitution a~d lawi of each State of the United Statei, as aga~nat this obl~g~tion or any extansion or renewat hcreof. Witness the hsnd and uat of tach party. s/James R . Osteen ~~U - cs~?u s/Nancv L. Osteen ~q 19.5o cs~w ~ ~ Stat~ Revenw NOW, THEREFOftE, the MORTGAGOR for ths purpose of sccuring payment of said wm of i 1' 3~~~• ~ ~ and tM perforrtunce of ths ~ covensnts and agreemenb hereinafter expressed, u+d fw divers yood and valuable consider~tions, by thes~ presenfs, does yr~~t, b~r~ain, ull, remise, release, convty ~nd confi?m unto ths MORTGAGEE, ib succeswrs i~d auiyns, all that certain bt, piece ot pertel of land, situat~, lyinp, and beinp in the ~ County of St . Lue ie ~ and Sute of Florida, desuib~d as follows: t The North 1/2 of the Nortt. 1/2 of the West 1/3 of the West I/2 of the Southwest 1/4 of the Northwest 1/4 of Section ZO, Township 35 South, Range 39 East, less hovsrever, the West 40 feet, as recorded in the Public Records of St. Lucie County, Florida, ? ; ; S~~%~i'~:~Ft-LUF?IUA ~ J Z DOCUP~ `~JTApr~45Tl~~!P 7A7( RECElYED S~=--= ~N PAYHEJtT Of IA~S ~ U = n&RZ7'12 ~ = p11E Ot1 C1ASS 'C' lNTANGISIE PERSGNAI PROPER7Ya / r , ~ bf:f.n! P.E1E: Cf e• ~ v J ( ~EtS1iA~tiT TO CtiA°TER 71-13A. 11C1S OF 197I. !~P P.$. ~QO~ i: - p;pGFR POItRAS. Gle~k Gra?R GonR s'~- ~ FUa. together with all and sinqutu tfie tenementt. hereditamenri and appun~nces there~rnto bekrgieg or in anywise ~ppert~i~t~p tl~treto, and a!I ?~ntr, iuws, p~oceeds ~~d profits acouing and ~o xcrua fran said premises, •II of which ~re induded in tFw ~bov~ and fo~pa~y d~suiption ~nd haba+dum. TO HAYE AN~ TO FtOID tM ~bove desvib~d and pranted p.emiaes unto th~ aid MORTGAGEE, ib uroussors and aasigns fw~va. Md tM s~id their I~10RTGAGOR for h~in, exacvton, ~dministr~ton ~nd auiges, Fnreby cownann with ti+~ ~aid MORTGAGEE, its woasson Md ~stiprn, rhat they are lawfully seized of tM ~aid prem~ in fee ~impl~t ttwt tlw sam~ u~ frN, clear and dischary~d from ~11 tiarn aed a~cunr . brsnces in law or in equity, aod that thev will u~d their hein shall warrant u~d dsfend tht ti1t~ to tM saen~ to f(k pid ~ MORTGAGEE, i» ~ucuuors ~nd ~stqns, forever syairut tM lawfv! cl:ima and demands of ~11 p~norq; PitOY1DED, ALWAYS that if the MORTGAGOR shaU pay unto the MORTGAGEE the promisfory nott Fwr~inbefor~ d~wibed ~nd shall truly, pomptly and fully perform, dixiwrg~, ex~cute, tompkt~, compty with and abide by e~cFi ~nd wery tM stip~rlations, apre~m~nn, conditiau a~d coverunb of said ~ promiswry not~ and oi this Mortpap~, tl~n this Mortya~ ~nd the Est~te hereby vtated shaN ctast and b~ null ~nd wid. ~ IT IS UNDERSTOOD that th~ word "Mort~aQor" wMther in t!» ~inQular a plwal ~nywher~ in this Mortyye, aMll b~ sinpul~r if on~ only and ~ # ahall b~ plural jointly aod stverally if mor~ thu? a+~. ~nd thst tM word "their" ~s used a~ywhen in this Mwty~ shdl b~ t~k~n to m~an "hh:• •'lwrs;, ~ ~ w"in," whe?ever the cont~xt w implie~ a admits. Also, tfut wMrever thae~ia a refaenc~ in t1w coven~nb u~d yr~emsnt~ hs~ein cont~in~d to tny of ~ the panies hereto, th~ sam: sh~ll be tonstrued to me~~ as well ~s the hein, leyal r~prekntativa, sutctswn and assipnt (~ithe~ voluntary by atf of th~ panies w involumary by oper~tiun of the law) of tM iame a~d that the covensMS her.in cont•ined shall bind and rM b.nafin •nd dvnr~p~s inw• ~ ~o the reap~ctiw hein. kq~l r~present~tiws, suae~son and as~°yns of the parties h~reto. Q Md t~id Mwt yayw~, fa themselvea ~nd the'u Mirs, Ipal repr~sent~tives, succ~sson and auiprn, hereby jointly ~~d wv~rally cov~nant a~d ~pne O ro ~nd with the said MORTGAGEE, its succeuws a~d ~uigns: l. To p+y dl and sinpul~r rM princip~l and intNest ~nd tM vario~s ~nd wndry wms of moMY paYibl~ by virtue of said promiswry not~, and Ma ~ n+ortp+qe, each ~nd ~very. promptly on tF?~ dayi rtspettively the same s~v~rilly becorn~ due. 2. To pay a!I and ~iny~l~r t1w taxss, asies~m~nri, kvies, liabilities, obliystiau ~nd ~ncumbranas of wery n~tw~ ~nd kind now on ~a;d d~suib~d aco properry, w tMt here~fte~ m~y bf impo~ed, wffKed, P~aced. Isvied, w suessed th~reon, or that hereahK may b~ kv'~sd or ~sseawd ~pa~ this Mort~ om ape, a tM ind~bt~dnesa setur~d her~by. ~ach and ~v~ry, wlwn dw ~ind payabl~, xcordirg ro law, befae tMy becwn~ d~linqwnt, ~nd btfor~ a~y int~rpt attaches w a~r pen~lty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAII dE PROMPTIY SATISf1E0 AND flISCHARGED OF RECORO AND iHE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATiSfACTtON PAPER OFfIC1AlLY EMDORSFp OR CERTIFIEDI SHAU bf PIACED IN THE HANDS OF SAID l1AORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; ~nd i~+ the event that any therwf ia na pa~d, sat"sfied and dixhar9ed sa:d MORTGAGEE rrwy •t any tir~e p~y the same a any p~rt thereof withovt waivirg or affectinp any option, lien, equity w •~aht under or by virtue of thii mo~tyaye and the fuH amount of e~ch •nd every :uch paYmeM ihall bt Fmmediately dus and payabk ~nd shall b~ar interest ~~om the date thereof until paid at rate of nine per centum per ~nnum ~nd toyether w~th such inlerest ~hall be secured by the lien of th:s mor~taq~. . ~ = - y_ . , : a::; X ..V ~ x~ ~ ..~..~~i4 . _ - . < - .o ~ . ..a . ?.cY-"G..'