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HomeMy WebLinkAbout0723 2:3549~ TH15 INDENTURE, Mad~ the ~~th day of AL1gUSt . A.D. i9~.., betwecn _ William W. (3raham and Mar~aret W. draham~ his xife ~ of St. Lucie ~p~~ty Ffwida, haeinafta? designs?ed ~t the "MORTGAGOR;' and i1RST FEOERAL $AVlNGS AND IOAN ASSOCIATION OF fORi PIERCE, a corpaat~on w~anised and e~c~iun~ under tM laws of tM Un~t~d Stst~~ of Am~ric~ ~nd havLg iri principal pbc~ of busineu ie tM City of Fwt PiNCS, St. tvci~ CouMy, florida, hereinafter deiiq~atd as tM "M10RiGAGEE." WHEREAS Ihe MORTGAGOR is jwtly indebted ro ths MORTGAGEf in the sum of s ~ 5~ ~~a ~ , good ~nd lawful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certain promiuory nof~ of eve~ date herewith, of wh~ch the followir~ in words and figures is a trtk copy, to-wit: ' s ~ ooo. oo ~-t 8,674 Fo?t Pieres, Florida, AU~u3t 19_~ . for value receivcd, 1, we a e7?he~ of us, prom~x to pay, without def~lcat~on, to ihe order of FIRST FEOERAI SAVINGS AiVD IOAN ASSOCIATIOIh OF FpRi PIERCE ar Fat Pierce, Flwida, the sum of = ~ 5~ ~ w;th inte~re.~st from date a~ the rate of ~9~o pe+ an:~um, in monthly install- ments as fot!ows: i ~ 21 on the ~ 3t day of December , ~9~_ and a liks sum on the correspa?d~ng day of each month :hcre- after until the who:e be fully paid. Each install:nent first shall be applied in payment of the interest and then on the unpaed balance of ~Ae principsl sur.~. If d ault is msde in the F~ayment of any installment when due, and such default continues 30 days, then at the opt~~? of the holder, a~d without any o~her notice, all 1he remaining ~nsTallments shail be due and payable at once. Privilege is g~ven to prepay th~s note in whole or in part at any time without {xnalty. N~e~ithe~r /uebea~ance, nor atteptance by the ho~der thereof after any default in any payments hereon, shall be deemed exrension, A latc payment charge of i~`~'~_, shall be added to each ins?allment remaining unpaid 7 days aitet its due date, and a like sum 3hall be added fo each such installment remaining unpaid 7 days a(fe~ each succeeding paymeM date. Each maker, surety and endorser hereof, jointly and severalty, waives demand, presentment p~otest and notice of protest for ~qnpaynent, and fu»hei agrees to any e:lension of time of payment, either before or after maturity, without no?;ce to any of us; and to pay all costs of collection, includ:ng a reasonabk attorney's fee in fhe evenl of any default hereunder, and hereby severally waivcs all benefit of Famestead and exempfion under the conuitution ~ and laws of each State of the United Statcs, as against this obtigatio~ or any e~etension oa renewa! hereof. Witness the hand and seal of each par~y. ~illiam W. Graham ~Aq (SEAI) ~/Margaret W. Graham ~AU ( ~ 22 • 5~ ) State Revenue ) _ NOW, THEREFORE, the MORTGAGQR ior the purpose of securing paym~nt of sa~d sum of = 1~~ ~0. ~ , ~nd the pe~formarxe of the covenants and agreeme~~s hereinafter expressed, and for d~vers 9ood and valuabte co~siderations, by these preseros, does grant, barpa;n, sett, remise, release, convey and conf;rm uMO the MORTGAGEE, iti succeuors and sssigns, all that certain lot, piece or psrce{ of Isnd, situate, lying, and being in the County of $t. Lueie and State of Florida, dewibed as follows: Lot 8 of an unrecorded resubdivision of Block 11, Revised plat ~ of PALM HA~ SUBDI {TISIC7iJ, as per plat thereof recorded in Plat = Book 8, page lali, of the public records of St. Lucie County, Florida, more particularly described as follows: Beginning at the Northeast corner of said Block 11, run thence . South 87 deg. SO min. West, along the South Iine of Atlantis Avenue, 361.3 feet; thence Sonth 13 deg. 00 min. East, 289•5 feet to the point of beginning of the tract herein described: From said po~.nt of beginning run thence North 8? deg.45 min. East, 91.95 feet; thence South 2 deg.15 min. East, 72 feet; thence South 87 deg. 45 min. West, 8t~ feet; thence North 8 deg. 37 min. West, 72.6 feet to the Point of Beginning~ w S7A'i t ~F HLURlUA U ~ oocu~EraTn sr<:~p Tax - - c, n 2 = = r'. ~ L' . ITI PAIf MENT OF Tl1XE1 'i ~ = AUG~6'72 . _ R~ ~..s... ~ ~ v ` `;2 2 S O= D!~ ON CLASS'C INTAN6161E PERSONAL P!?O~EAIY, H L'Eii.4i REiFtUf - QUQ$~T TO CFIAtTER II-I~. QF ly/~~< ~ P.B.~9oi~x a`'~~~~- ROGER POtTRAS . CLERK CIRCUR COi1R1. sl. UN:It CO., FlA ~ogether w~tF? all snd s~ngvlsr the tenements, hereditsmenfs u+d app~?t+nces thKeumo helong~ng or in anywise appe~tainirg thereto, and ~II rent~, issues, pr«eed~ and prof;n uc?uing snd ro accrue irom ssid premises, all of which are irxluded in the sbove and fore9oing dewiptan ~nti habendum. TO HAVE AND TO HOID the above desuibed and granted premises unto the said MORTGAGEE, its succesw?s snd ~ssi9ns fweva. And tFN s~W MORTGAGOR fw ~h~ r---- he~rs, executors, ~dministrators ~nd ass"gns, hereby covenann with the said MORTGAGEE, in wcceawrs and ~ssiyns, rhat - the~ arg--- lawfully seized of the said premisei in fee sirnple; thst the ssme ars fres, ckar and discharyed from ali liens and ancum- brances in law or i~ equity, and thar tt1 ,Y will ~nd thP~ r heirs shall w~rnnt and defend the title to the sart?~ ro the said ,410RiGAGEE, iti successws and assigns, forever against the lawfvl clsims and demsnds of s!I persons; PROVIDED, AlWAYS that if the MORiGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefore dswibed and shall truly, promptly and fully periwm, diuMrge, execute, complete, comply with ~nd sbide by esch snd every the stipulations, agreements, conditia+s and covenants of iaid promissory note and of thit Mortgage, then this Mortgsge ~nd the Eslatc hcreby cresfed shal) ceax and be nvll and void. IT i5 tINDfRSTOOD thst tF?e word "Mortgaga" whefher in the singular or plura) anywhere in tnis Mwtgsge, sF~all be singular if one only ~nd shall be plural jointly snd feve~ally if more thsn one, and fhat the wad "their" ~s used anywhere in thn Mortysge shall be qken to mean "his;' "hers," + or "its;' wherever the contezt w imp(ies o~ admits. Atso, thst whereve~ there i~ ~ rtferenae in the tovenants and agretmenri ircrein contained to ~ny of 5 ehe pan;p hereto, the same sh~ll be construed to me~n ~s well as the heirs, leg~l representatives, successon and ~ssiyrn (either volu~tary by ut of tM partie~ or involunt~ry by operata~ of the law) of the same and that the covenants herei~ contained sf~ll bind and the be~efiq and sdv~n~ages inur~ to the respective heirs, legal representatives, successo~s and su'pns of tlx puties hereto. Md ~aid AAo?tgagors, for themselves and their hein, ley+l repreuot~tives, succeuors and suigns, hereby jointly a~d severally covenan! and ayree ~o and with the said MORTGAGEE, its s~ccessors and ~ssigiu: 1. To psy all and singular the principal and interest and the various and su~dry sums of money payabie by virtue of said promiuwy note, and thi~ mortyase, each ar+d every, promptly on rhe dayt respectively tbt same severally becomt due. 4. To pay all and singvlar the taxes, ~uessmemi, levies, liabilil~es, obligations snd encumbrances of every n~ture snd kind now on uid described property, p 1Mt heresfter may be ;mpo~ed, s~ffe~ed, plxed, levied, w assessed th,ereo~, p th~t hereafter may be kvied or asteased upon this Abrt~- age, or tM indebtedneu secured hereby, esch and every, when dve and payable, xcadirg to law, before they become delinqvent, and befo~~ any im~res~ attaches a any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PRONIPTLY SATISFtED ANp DISCHARGED OF RECORO AND THE ORtGINAI OFFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISfACTtOM PAPER OFFICIAlLY fN~OR5F0 OR CFRi1FIfD) SHAII BE PIACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any theteof it not pa~d, saYsfied and discharg~ sa:d MORTGAGEE may at any tirrK pay the same a any parl thereof without waiving w affecting any optiw?, tien, equify or •~qht under o~ by virWe of this mortgsge and the full am~nt o( each a~d eve~y such payment shi~l be immediately due and paysble and shall bea? intcreft F.om the date thereoF until paid at rate of nine per centum pa annum and foge~her w~th such i~teresr shall be secured by the lien of th:s morybye. ~ ~~~n205 _ PA~E _ 723 ~ , W - _ ~