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Home My WebLink About1401 235y7U , U 1H15 INDENTURE. Mad~ the 21 S~ dsy of A U9 US t , A.Q. 19 7? . between Paul Sel.ph/and Bettv J selnh h~,~nife _ : _ Sr of SL • LUC 1@ ~~„~y p~a;~ ~Q;,,~f~N dcaghated ai the "MpRTGAGOR,° and FIRST FEDERAL SAVINGS AN~ IOAN ASSOCIATION OF FORt PIERCE, a corpaation wpani:ed and exiitirg u~de. fhe laws of the Un:tsd Stetn of America and havinp its pri~cipsl place of ; buiin~xs i~ tlN City of Foh PiKC~, Se. lvcie County, Flwida, he~einafter desiyna~ed as th~ "MOR~GAGEE:' ' WHEREAS ths MORTGAGOR is justly indebted to tM MORTGAGEE ie? the sum of S 14~1~.~ good and Iswful mone~* of the Un~ted ~ Srates advanced by the MORTGAGEE unto the MOR(GAGOR, as evidenced by a ce~ta~n promissay »ote of eve~ dafe FKrewi~b, of wh~ch the following in words and figures is i true copy, tawit; : la,loo.oo i,~, 10028698 w.~ PK~ce. Flaids. E?ugus t 21, 19 72 For value received, 1, we w either of us, promise to pay, without defalcaHon, to the order of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION Of FORT PIERCE at fort Pierce, Florida, the svm of ; 14~1QQ,QQ w;th ~nferes~ from date at the rate o( 7•5?~ per arx~um, in r.~onlhly ~ns1a14 ~ December ` ments as fo1lows: S 114. ~ on the 13r~_ day of - , 19_~ and a like sum on the conespond~ng day of esch month there- afrer until the whole be fully paid. Each installment fint shall be apptied in paymeot of the inte~est and then on the unpaid balance of the princtpsl sum. If d autt is made in the ~ paymeN of any installment when due, and such default continues 30 days, then at Ihe opti~n of the holder, and without any other notice, all the remainirg ° h,stallments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at a~y timc without penatty. Neither forebearance, ~ : ` nor acceptance by the holder thereo( after any default in any payments hereo~, shall be deemed extension. A late payment charge of s_$•?~ shall be ~ added to each installment remaining unpa~d 7 days after its due date, and a ~ike sum shall be added to each such installment remaining u~paid 7 days after ~ each sutceeding payrr.ent date. ~ Each maker, surety and er+dorxr hereof, jointly and seve?ally, wa~ves demand, presentment protest and nofice of protest fo~ nonpayment, and further I ag.ees to any extensio~ of time of paymenL either before or after maturity, without notKe to any of us; and to pay all costs of cottection, includ;ng s i ~ re~sonable atrorney's fee in the event of any defauh hereunder, and hereby severally waives all benefit of homestcad and eaemplion uoder the constitutan a~~d laws of each State of the United 5tates, as against this obligation or any extens~on or renewa: hereof. Witness the hand and seal of eacFi party. , S/Paul Selph, Sr. tsEAi~ ~ ~ _ S ettv J_ S~slnh ~ ~ ( ~ 21 . i s i State Revenue ~ . , ~ i ~ ~ NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of sa7d sum of S 14,1~. ~ , and the pe~formarxe of ths covenants and agreements hereinafter expressed, and fw divers good ar+d vatuable conside~ations, by thase presecus, does gra~t, bargain, sell, remix, retease, convey and confirm unto the MORTGAGEE, its successors and aui9~s, all that certai~ lot, piete or parcel of land, situate, fying, end being in the County of - St. Lucie ~ and State of Flw~ds, dexribed as folbws: Lot I1, Block 119, LAKEWOOD PARK SLBDIVISION, UNIT 10, as per plat thereof on fil~ in Plat Book 11, page 29A, B, C, and D, public records of St. Lucie County, Florida. ~ 3 . ~ W S~f~AT~ aF FLOF~1vA c~ ~ UOCUMENTAp~ ySTA~1_ t~ ~ A X ~ ~N PAY!!EHi OF j~ ~ ~ = atwz~72 . . = s~c~ F U = 4 2~' ~ CJ = aE OM pASS 'C INiANGlBIf PE ~~Ot~AI. PTiOPERiY. {A 6EiT.OF ELYEifYE ' • _ PIIR$IW'I~ TO CHMIER ~1•~34. lICjS OF 191 u/ _ R06ER POiZW1S Y P.B.19o~~2 = ~K W~ ppURT. ST. WCIf 00, FIA ~ rogethei with all ~nd singular the tencments, hereditsme~ri a~d •ppuNSnces thereunto belonging o~ in anywise sppertaining thereto, and all renb, iuues, proceeds and profn aaruing and to accrue from said premiset, all of which ue included in the sbove and fwegdrg desuiptan ~nd habendum. ~ TO HAVE AND TO ~O lQ the above desvibed and granted premises umo the said MORTGAGEE, its scxcessas and suign~ faever. Md tlk s~id ~ MORTGAGOR fw tAe lY--- heirs, eaecutws, adminisrnrors and assig+u, hereby covensnri with the said MORTGAGEE, in successon and auipm, rhat thgY-dY~- lawfully se~zed of the said premises in fee simple; that the same are free, dear ~nd discl+arged f~om all liens and encum~ brances in !aw w in equity, and that_ the5r will snd their hein shsll warrant and defend the title to the same to tM said ~ MORTGAGEE, its successws snd assigns, fwever sgsinst the lawful claims and demands of all perwns; ~ PROVIDED, AIWAYS that if the MORTGAGOR shall unto the MORTGAGEE the ~ p+y pro~iisso?y note hereinbefae deuribed and shaN truly, promptly and iulty perform, dixharge, execute, complete, tomply with aad ~bide by eath and every 1Fx ttipulations, ~greerteents, cor?ditions and covensnts of said oromis:rxy note ~nd of this Mortgage, then lhis 1Nortyage and the Estate hcreby ue~ted shall ce~se and be oall and void. ~ ~ IT IS UNDERSTOOD that the word "Nwrtgs~or" whether i~ the singular or plunl anywhere in this Matgsye, ihall be sinqvlu if ons only and shell be plural joimty and uverally it mwe than one, and that fhe word "their" as uud anywhere in ihis Mortg~ge shall be f~ken to mean "hi~;' "hen," ` cr "its;' wherever the context ~o implies or admits. Alao, that whcrever there is • reference in the covenants and ~greements herein contained to any of rhe parties hereto, the same shali be construed to mean as well ~s tF~e heirs, legal represenutive~, successon and assigns (either volunbry by act of the ' par?id a Fnvoluntary by operation of the law) ot the same and that the coveeants hercin contained shall bind and the benefits and ~dvantayes inwe ro the respective hein, kg~l reprexntatives, successors and au'yns of the parties hereto. And said Mwtgsgon, fo. themselves ~nd their hein, legal reprosematives, successors and suigns, hereby joimty and seve?aUy covanant and ayree ' ro snd with the said MORTGAGEf, its successai and assigns: i l. To pay all and singular the principal and interest and the varian and sundry sumt of money paysble by virtue o( ~aid promiswry note, snd this mo.tgsge, exti and every. promptly on the days respectively the same sever~lly become due. 2. To p~y all ~nd singulsr the fsxes. ~ssessmenn, levies, liabiliries, obligstwns and encumbrances of every nature and kind now on said dewibed ' property, or tMt hereafter may be imposed, suffe?ed, plxed, levied, w assessed thereon, w thst here~itd may be lev~ed a ~ssessed upon this Mort¢ , a9e, w the indebtcdneu secured hereby. each and eve?y, when due and payable. xcordirg ro I~w, before ~hey become deli~quent, ~~d b~fae ~ny interei~ at+aches w any penalry is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAtI 8E PR0IN~ILY SATISFIED AND D15CHARGED OF RECORD AND THE ORIGINIAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENi; and in the event that any thcreof is not pa~d, satsfied and diuharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving or alfectirxJ any optioo, lien, equity a •~qht undcr w by virtve of this mortgage and the full amou~t of each and every such payment shal! be immediately due and paysbk and shsll bear interest ~.om the date thereof until paid a! rate of nine per centum per annum •nd together w~rh such interest }ha1R! b~s~c~ed by th~li~n~~ :s magtspe. u 4 BLOK ~Q PAGr ~~'~s~ ~se- i'':- a„~~.,.~~~'s~ '~~~ir~...~..~~`+~'"~ . _ - . _ ~~d~~" .