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HomeMy WebLinkAbout0788 ~rvy~ldv V TNiS INDENTURE. Mad~ the ~ 2t'h day of Ju~ /1.D. 19_?2 between _ American Haaes and Mortgages, 7nc.i a Florida Corporation of ~ `St. ~+LICiA County Florida, here~naftm designated as fhe "MORTGAGOR," and FIRST fEDERAI SAVINGS AND LOAN . ASSOCtAi~OM Of FORI PIERCF, a cwpwat~on o.pin~:ed and ex~st~ng under ~he laws ot ~he -Un~iad Su~~s of Ame~ic~ ~nd Mvinp in principal plu~ of , buu~eu in ~M City of Fort Pi~rc~, St. l~cie County, Flaida, he~ei~afttr detipnated ~s tM "MORTGAGEE:' , WNEREAS tM MORTGAGOR ~s justly indebted ro tM MORTCaAGEE in the sum of S ~ 7L7~'~ . good a~ lawful money of the Un~ted , States advanced by the MORiGAGEE unto the MORiGAGOR, as evidented by a certain promisswy nole of even date hercwith, of whith the followiny in wor ; and fiyure~ a true copy, to-wit: ~ _ S 7,700. -18, Fort Pierc~. Flwida, '~11ne ~ 2 19_~ ~ Fw value ?eceived, 1, we or eithe? of us, promiu to pa withovt defalcat7on, to the order of FIRSJ FEDERAL SAVqING~S ANO IOAN ASSOCIATION OF _ FORT PIERCE at Fort Pierce, florida, the sum of s 7~•~ w;th interest from date at the rata of ~!ll(a per snnum, in monthly install- ~ ments as foltows: S ~~3 on the ~ st' day of OCtO~Ar , 19 ?2 and a like sum on the cwrespondinp day of each month therr atter until ihe wF+o~e be fully paid. _ Each installment firs~ shall be app~~ed in payment of the interest and then on fhe unpa~d balance of the prinupal sum. If d avlt is made in ths ' Haymenl of any in~tallment whm dve, and such default continues 30 days, then at the option of Ihe holder, and without a~y other notice, all the remaining ~~~istallments shall be due and payable at once. Priviiege is given to prepay ihis nofe in whole or in part at any time without penalfy_ Neitfxr forebearance, nor acceptance by the holde~ thcreof afte~ any default in any payments hereon, shall be deemed extension. A late payn+ent tharge of = 7`~ fhall bs added to each in~tallme~t remaining un~a~d 7 days after in dve date, and a like sum shaU be added to each such installment remaining unpaid 7 days ~fte? each succeeding payment date. Each maker, surety and endorser hereof, joi~tly and severally, wa~ves demand, presentment protest and notice of protest fw ~onpayment, and fuNher egrees to any extension of time of payment, e~~her before or afier maruriry, withour notice to any ol us; and to pay a11 costs of collection, includi~y a reasonabk eflorney's fee in the event of any default hereunder, and hereby severa~ly waives all benefit of homestead and eaemplion u~der the to+~stitution and law: af._e~th State of 1he United States, as against this obligation p any extension or renewa! hereof. ` p~ ths,h+~d and seal of each party. AMERICAN HA'~EwS AND MORTCA~.tSS~ ~ri. ~1~ BY: s/ William A. Anderson, °resirler~Au .a..,.,•, . _ -.ti~: ; .Corpdi~a,te';Seal A£fixed g~~T: s Verna L. Atiderson, Secretary ~~,,,U ~ ~ ~ ~ ~~a ' , ~ : ~ ~ (sE~?U C~ ' : . W ' State Revenue ~w) ' ~7 70~•00 •{R~vr; ~ ~ Q~E, the MORTGAGOR for ~he purpose of sccvring p~ymem of said svm of = f . and tM perfwmanca of t!w cov~~t~~~ ~ ~ ts herein~fter eap~essed, and fa divers 9ood and vsluable considerat~a?s, by these presen», does 9r~nt, baryai~, sell, remiie, re1'~s8; tbrl~l~Y~~ tanfirm unto the MORTGAGEE, ifs successors u+d auigns, sll that cert~in bl, piece or parcel of land, situate, (yinp, ~nd beinp in ths ~ St Iuc ie C~ty o1 ~ • and State of Ftorida, deur~bed ~i followi: Lot 21, Block ?Lt, LAKEWOOD PARK, UNIT N0. ? as per plat tlnereof on file in "'lat Book 11 , Page 13, of the °ublic Aecords o£ St. Iucie County, Florida ? "-}s" tN P::i~AE•i~ af t~~S W S I ra 1~'•` r' L_ ~1 ~ l.~ i~ REGENR Ss~--~-`~'~ ?ROPERiY~ - ~r~ , . , i T! X G1F ON CLASS 'C INTANGIB~E ?E j-'~ / U~_ 7:. - py~i~(T iU ~tiA~l ER 71- l3•'.. ~ t 5 Of 1971. Y~ lV ~ ~ ;!^113'7Z ~!i'~'•`',.~, ` - ~i'.ER POITRJ4S. Gerk Cirouit CowL ~ ~'a' ~ - ;2 6 5 5 ln ~ Uf:Loi i:E~i`.•,e~~~~~~Z,~~f~-,~ - ~~.190112 ~:i/ - = I j rogether with •II and singular the tenements, hereditamenn and ~ppunances thereunro bela~pinp w in Mywise ~ppertaininp th~rero, ~nd all rtnri, isaws, ' .roceeds and prot~ts accruing +nd to acaue from said premises, al! of which ue included in the abov~ and fw~yoirg dewiption u~d habendvm. ~ TO HAVE AND TO H~O~LD ihe sbove deuribed +nd yramed pemises unto tFu said MORTGAGEE, its wtcesson and auipro fa~vM. Md th~ saW MORTGAGOR fa i V~ heirs, ezecutus, +dministrstors and sssigns, henby covenanri with th~ ~aid MORTGAGEE, ift tucctsson ~nd ~aipro, ~hat lawfully seized of the said premists in fee simple; that ihe tame ar~ frse, cltar and distharyed from all litns u~d MtvrR brances in Isw or in equity, and that it wit~ and it8 hein shall w~rr~nt and defend the titl~ to tM s+m~ to tM said MORTGAGEE, ib successas ~nd assiyns, forever ~gsirot the t~wfut dsims and demands of al! penons; PROVIOED, ALWAYS cFut if the MIORTGAGOR shaH pay unro the MORTGAGEE tM promistory note her~inbefor~ describ~d ~nd ahall truly, ptomptly ~ ~nd fully perform, dixiu~ge, execut~, complete, compfy with ~nti sbide by each ~nd every tM stipvlafiora, preemenn, conditions ~nd tovenanh of said prom~ssory note and of fhif Mortgage, then this Mortg~ge and the Esrate hereby created ahaN ce~s~ ~nd be null ~nd void. IT IS UN~ERSTOOD th~t the wad "Mwtgspor" whefher in tfie singul~r w plural anywhere in this Mo?tpape, ah+ll be sinpular if one ortly ~nd : shall be plur~l jointly ~nd stverally if mwe than one. ~nd that the wad "their" ~s used ~nywhert in th~s AAwtpape sMll be taken to mean "his:• ••ht?s,`• or "its;' whereve~ the tont~xt W implies w admits. Also, lhat wherever there is a reference in the tovenants and pnements herein containtd to any o~ ri,e per~ies herero, the same ihal! be construrd to me~n as well ss the heirs, 1e9a1 r~esentatives, s~ccessors and assiyro (either volunury by ~ct of th~ parties w involun++ry by oper+tion of rhe law; of the same and that the covenarts herein coMained sMlt bind ~nd the benefin anA ~dv~ntapp inw~ to the respective he'as, legal representatives, succeswrs and su~gns of the parties hereto. ~ Ar?d said Matg~yws, (w themulves and their hein, leya! representatives, sutceuon snd ~ui9n~, hereby joiMly and ttvtr~lly covtnaM and ~yr~e ro and w~th fhe said MORTGAGEE, its succeasora snd augns: - i 1. To pay aIl a~d sinpulsr the principaf and interest and the various and sundry sums of mw~ey payable by virtue of uid promiasory note, •nd this j n+w~gsge, e~ch snd every, promptly on the days respectively the :sme sevtrally become dus. ` 2. To pay att and s~ngutar the taxet, assesunents. kvies, l;ab;lities, obliQafions snd encumbra~ces of every natun and kind now on uid d~scrib~d ' Properry. or that hereafter may be impoted, suf(ered. Plated, levied, w~ssessed ther~on, w th~t here~fter may be levied or aasess~d ~pon this Mwfq- ~ge, w ttK indsb~edoeu secured hersby. lKlf a~1A fVNy. when due and payable, ~ccordirg to I~w, befwe they become delinqusnt, ~nd 1»fwe any int~re~t artaches or any penilty is incurred; ANO INSpfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTIY SATISfIED AND ~ISCHARGED OF RECORO ANO THE ORIGInAL OFFICIAL OOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE 5/lT(SfACTION pAPER Ofi1ClAllY ENOORSE~ GR CERTIf1E0) SHAIt BE P[ACED 1N TNf HANOS OF SAID MORTGAGEE WlTH1N TEN DAYS NEXT AfTER PAYMENT; ~nd in the event thst any thereof is ~W paid, sat sfied and discharged sa:d MORTGAGEE may +t any timt psy the s~me or a~y part thereof witho~t waiviny or affectiny any option, lien, equity a ; •~aht under w by virtue of ihis mortgage and the full amount of euh and every tuch paymenf shall be immediately dve and piyabk and shall bear interest irom the dare rhereof unr;l p~id ar rste of nine per cenrum per annum and toqether w~rh such inte es s 1 ured by i of tF~:s morytpt. BC~K~~J PACf ~ . Y~ 'a i _ ,G, ~ ~..e4"''Y "w_ I v~s u~ rTS ud . . ~ ~ . ` ' .n_ -