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Home My WebLink About2503 ~ • TMIS INDENTURE, Mad~ tl+e 28th! d+ 01 `~~@ A.D. 19 72 betwean i.oyal D. Thoccas and ~hyllis Thoaas. his wife _ , of St • 1'1~ 1@ County Florida, hereinaftM deig~ated ~s the "MORTGAGOR," and fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpo~ation wy~~ized and existi~g unde~ tM laws of tM United St~~oi of Amerk~ ~nd having in principal place oi bu~~neu fn tM City of Fwt PiKC~, St. Lucie County, Elaida, hueinafter desipnatad ai th~ "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 31~~~~~ , good and lawful money ol the Un~ttd St~tes advanced by the MORTGAGEE u~to the MORTGAGOR, as evidenced by • cenain promissay note of even date herewith, of wh:ch the followinp in words and figures is a trve copy, to-wil: s31,000.00 N, 4-18,512_ ; Fort Piert~. flwida. '~~@ 28 1972 + Fw value ?eceived, I, we or either of us, p~omise to pay, without defalcation, to ~he order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION OF ' FORT PIERCE at Fat Pierce, Fbrlda, the sum of S 31 w~th inrerest irom da~e at the rate of7 ~75,ao per a~num, in monthly install- ~ ments as fol!ows: S 235~~ p~ 1St day of AuQUSt , 1972 and a like sum oo the cwrospand~ng day of each month there- atter until the wholQ be fully paid. ~ Each insfallment firat shall be appl~ed in payment of the interest and ~hen on the unpaid balance of ~he p~inc:pal sum. If d auh is made in ths F_ayment of any installment when due, and such defauN continues 30 daya, the~ at the option of the hoider, and without any other notice, all the remaining :nstallments shail be due and payabte at once. Privilege is given to prepay this oote in whole o~ in pa?t at any time without penalty. NeitFxr fwebearance, ' nor acceptance by the holder thereof afte~ any default in any payments hereon, shali be deemed extension. A late payment cha?ge of = 11 •75 sha~l be ~ ~ddFd to each ina?allment remaining unpa~d 7 days after ita due date, and ~ tike sum shalt be added to each such installment remaining unpaid 7 d+y~ after n each succeeding payrt:ent date. Each maker, surety and endwser hereof, jointly and several~y, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before w aiter maturity, without ~ot~ce to any of us; and to pay all costs of collection, includ~ng a rcasonable attwney"s fee in the event of any detault hereuncler, and herrby severally waives all benefit of homestead and ezemption under the conatitution ,~,d laws of each State of the United States, as agai~st this obiigation or any exeens~on or renewai hereof. W~mess the hand and seal of each party. i S/Loyal D. Thomas ~at~ cs~?U S hyll s Thoaas ~~u 46 • 50 ~ state aevenue ~ tsE/?t) ` 31 000 00 NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring payment of said sum of = ~ • and t!?e performance of ths covenants and sgreement~ hereinaiter exp~essed, and fo~ divers good and valuable considerations, by these presMts, does grant, baryain, sell, remise, retease, co~vey and confirm unto the MORiGAGEE, its successors and suigns, sll that certain bt, piec~ or parcel of I~nd, tituate, lying, and beinp in the Couhry of St . L11C ie and State of Fbrida, dewibed as followi: ~ t The West 236 feet of the North 101.3 feet of the South 401.3 feet of the NE 4 of the NE 4 of the SW 4 of Sect ion 20, Township 35 South, Range 40 Ba?st SIArc~~~ rLU{~IU~? ~ ~ t~OCUME~~T~~'~r:,,STl.,~P T= X - J j = JUN30'72 ~``:~:~.4 6 5 0- ~ Vj V 4E~T.GF Ci:'f~:1:E`. ^v = i ~ pB,woiiz ~ : a TI?~S ' ; ' 1N P1IYIAETR OF € iAt PROPERI~. ~ ~ j ~ 1lITAN ~IB ~ c(% ~ ~ ~g pF 19t1. t pu~Wtr m pp~a?.c : ~ ~~t, st. »uC~ oo., ~ ~ ~ ~ rogether with all snd si~g~lsr the tenements, hereditamenri +nd appurtances therevnto belorgirg a in a~ywise appert~ininp thereto, snd all ~ents, issves, ~ proceeJs ar?d profib ~cauing and to uuue from said premises, sll of wtiKh are included in the ~bove and fore9oinp description and habendwn. ~ TO HAVE AND 7Q HQLD the above described a~d gr~nted premises unto the said MORTGAGEE, its succeston snd auiyns fwevt~. Md tM s+id ~ MORTGAGOR fw thelr executws, ~dministratws and auigns, hereby covensnts with the said MORTGAGEE, Ns successors ~nd ~ui~ro, ~ rhat - the~I are _~,,,,,~„i~Y u~=~ af the said prem:ses in fee simple; that the same ~ro fre~, ckar ~nd discMr~ed from ~II liens a~d ~rrcuro- bra~ces in law or in equity, and that they w~~~ ttl@lr hein shall warr~nt ~nd defend tbe titl~ to tht sam~ to tM ald ~ MORTGAGEE, its successors and suigra, forever against the lawful claims and dem~nds of •II perwro; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE tl+e p~omissory note hereinbefor~ describad and sh+ll truly, promptly ~ and fully perfwm, discharge, execute, complete, comp~y with and ~bide by esch snd every the stipulsYwns, ~greemenri, conditiom and covtn+nri of said ~ prom~saory no~e u+J o~ this Mortg~ge, then this 1Nortgsge and tFx Estate hereby created shall ce~se and be null ~nd void. IT IS UN~ERSTOOD. that the word "Mwtgsgw" whether in tFw s~r?gular w plvral anywhere in this Mwtgape, shall be sinpulu if on~ only ~nd ~ shall be ptural joimly and severally if mae than one, and thaf the word 'Yheir" ~s used ~nywhere in this Mortyaye shsll be taken to mean "i?is,•• •'hen;' ~ or °in;' wherever the contex~ so impties w admin. Also, tMt whercver there is a reference in the covenann and ~recmems fierein conlsined to ~oy of 4~ +he parties hereto, the same shall be construed to mesn as well a~ the hein, ley~l represent+tives, tuccessas and ssiigro (either voluntary by M of tM pa~ties w involuntary by operation of the I~w) of the same and that the covenants F+erein contained tMll bi~d •nd ~he benefin snd ~dvant,p.s inur• ~ to the respective heirs, legs) representatives, successo+s and ass'gns of the parY~es hereto. ~ And said Mort s, fw themtelves snd their heirs, 1•I r esentatives, successors and au' ns, hereb ~ntl and stvsr~ll covenant and ree ~ g~r eg e(x ~ Y W Y Y ~ ~ fo snd with the said MORTGAGEE, its successon and assigns: ~ 1. To pay sll and tirgula? the principal and interest ~nd the wrious and sur+dry wms of mw~ey payable by virtue of said promissory note, and this ~ mortyaye, each ~nd every, promptly on the days rdpectively the same sererally becoms dw. 2. To pay all +nd singulsr the u:es, assessmenb. tevies, li~bilitiet, obliyations and encvmbrances of every natwe and kind now on said danibed ~ property, o~ that here~fier may be impoud, svffered. Placed, levied, a asfessed thereon, o~ tMt here~fta may b~ levied a~ssessed upon this Mort¢ ~ sye, w the indebtedness ucured hereby esch and every, when due and payable, accordiny to law, betwe they become delinquent, and before ~ny int~reit atraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPiIY SATISFIED ANO DISCHARGED OF RECOR~ AND THE ORIG1NAl OFfIC1Al DOCUMENT (SUCH A5, iOR INSTANCE, THE 1AX RECEIPT OR THE SA11SfACTION PAPER OFFICIAIIY ENDORSED OR CERTIfIED) SMALL BE PLACED IN THE HANOS OF SAID k10RTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not pa~d, sat sfied •nd discharged sa:d MORTGAGEE may at a~y time pay the same or a~y part thereof without waiving a affectiny any optiw~, lien, eqviry w .+~hr under a by virtue of this mortgsge and the fvll amount of each and every tuch payment shall be immediately due and payable and shall bear int~rest ~.om the date thereof until pa~d at rate of n~ne per centum per annum •nd to9e~her w~th such in?erest sha ~b{y the H ry_~{ morfl~+pe• ~~SM~~V ~~~JI~V~~ ~ 1 . . y N`_..~ ~ 5.~ ' ~ ~~2~'~ ` ' ' ~h~- .-.t ~ ~~.4.~ . _