HomeMy WebLinkAbout1847 2~3631E~ .
iH15 iNDENTURE. IWd~ th~ Zsth ~y pf Ati9tL4t A.O. 19_72„ lxtwee~
_ Demery eennett / Dorothy_ Mae Sennett, his wife
and
of St• L11C3@ Counfy flwida. hNeinaftN deaignated ss ths "MORTGAGOR;' ~r?d FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a cwporatio~ orpani:~d and exis~iny ~nde~ th~ laws of the United S~aras of Ameriu and havinp in principal pl~u of
bu~inei~ in tM Ci1y of Fwt Pi~rce, St. luci~ County, Florida, hsninaftm daipnated as tF» "MORTGAGff."
WHEREAS tM MORTGAGOR is justly i~debted to ths MORTGAGff in tM sum of S 4i 3~• ~ , good and lawful money oi the Un~1ed
Sfates advanced by 1M MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of Qven date herewitF, of wh~ch 1he followiny ie?
words ~nd figu~es is a trw copy, lowit:
s 4~.~•~ ~ 10018726
Fo.r P;~.~e. Flaida. August 25 197'2
For value received, 1, we or cither of u~, promix to pay, without defalcation, to ~he order of FIRST FEDERAL SAVINGSS~ ANL` LOAN A5.`,OCIATION OF
FOR7 PIERCE at Forf Piercc, Flwida, the sum of f 4~ 3~ with interest from date at the rate of 7~7~76 ~w annum, in monthly insfalb
ments as foltows: S 41 pn the 1St ~y of October ~ ~q 72 a like sum on the cwrespo~dinq day of each month thcrr
afrer until the whole be fully Qaid. ,
Each installment first sl+~ll be apptied in payment of the inte~est and then on the unpaid balance of rhe princ;psl wm. If d autt is made in 1he
payment of ~ny installme~t when due, and such default continues 3p days, then at 1Fx optio~ of the holder, and without a~y othsr notice, all the remaining
~nstaltments shall be due and psyabk at once. Privilege is given to p~epay this oote in whole or in part at any time withouf {xnahy. Neithet forebearance,
nor acceptance by the holder thereof after aoy default in any paymenq hereon, shall be deemed extensian. A late payment charge of s 2•~S sh~l) be
added ?o each irutallment remaininp unpaid 7 days after in due datr, and a like aum sha~l be added to each such installment remaini~g unpaid 7 days after
each s~rcceeding payme~t date.
Each maker, surety ~nd endorser hereof, jointly and severslly, waives demand, presentme~t protest a~a notice of protest fw nonpayme~t, and further
agroes fo aoy extensior? of time of payment, eilhei before a after maturity, without not~ce to any of vs; and to pay aU cosri of collection, including ~
reanonable attorney's fee in fhe evenl of any default hereunde+, and hereby severally waives ali benefit of homestead and exemptio~ under the tonstitutan
and laws of each State of the United States, as against this oblgation w any exttnsan or renewal he~eof.
Witness the hand and ~eal of each party.
S/Demery Bennett (SEAu
cs~?u
S/Oorothy Mae Bennett ~
6~ 45 1 Stat~ Revenue ~U ~
t
NOW, THEREFORE, t1~e MORTGAGOR fw the purpose of securi ent of ssid sum of = 4~~•~ ~
^9 WY~+ . and 1he performan~e of tM ~
covenanri and ~greemtnti heteinafter expressed, and fot div~rs good ~nd valuabte tonsidarations, by thess presents, does grant, bar9sin, sel1, remise,
release, convey and conf'um unto the MORTGAGE~, its svccesw?s ar~d ruigns, all tMt certsin bt, piece or partel of land, situate, lying, ~nd being in the ~
County of St. Ll~i@ . and State of Florida, described ~s foltows:
i
S
i
Lot 13~ Blxk 1~ BUVCHE PARK S~DIVISION, as per plat therof - _ ~
recorded in Plat Book 10, page 18, public Records of St.
Lucie County~ Rlorida.
STATE oF
~ z OUCUMENTA S
OM~p' AA '
o = au~irn = i
N U ocir. « strEaa = v`~ ~ ~ IN PAYMENI' OF TAXE3 ~
P.B. ~+o~ _ ~ ~ ~s Nrr~wcie~.E ~RSOau~ wro~ry,
PtlRSIMNT TO (~iApTER 71-134. ACTS OF 191I~1 ~J
RO~ER Pa1TR1lC
f~ERlc CIRCUR Calllr, sr. Utc~E oo, FU~ t
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t
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rogether with all snd singular ths tenemenb, hereditaments and sppurtarxes thereunto belonging p in anywise apptrbinirg theteto, and aH t~nfs, iuues, ~
proceeds and profia acu~i~sg and to xcrus from s~id premises, all of wFiKh sre included in 1he abov~ and fweyoing descriptan ~nd hab~ndum. t
TO HAVE AND TO HOtD the sbove dewibed u~d grsnted premises umo the iaid MORTGAGEE, its successon and assige~s for~wr. Md th~ ~sld ?
their i
MORTGAGOR (w heirs, executon, sdministratws and assigns, hereby cove~snts with the said MORTGAGEE, in waeswn ~nd sssiyro, ~
rhat Iswfvll seized of the said
t~y dXe Y prem;ses in fe~ simple; tF?~t the s~me arc free, clear and discfisrped from •II 1'uns ~nd a~cuen- ~
brances in law a in equity, and that_ ttl@V will u+d their hein shall w~rr~nt u~d defend the titl~ to the s~m~ fo th~ ~id ~
~10RiGAGEf, its successo?s ~nd ~uigns, forever againsr the lawful claims and demsnds of ill pnsons; ~
PROVIDED, ALWAYS that if tM MORTGAGOR sh~ll p~y unto the MORTGAGEE the promiuory note I+e~~inbefo~e described and shaU truly, promptly
and fully pe~fwm, discharge, e:ecute, complete, comply with and ~bide by e~ch and every the itipulations, ~reements, conditiom and covenanb of said j
promissory note and of this Mort9sye, then this Morrga~e and ehe &ate hereby aeated shall oease and b~ null and void. ~
IT IS UNDERSTOOD th~t the wwd "JYbrtyaQor" whetFxr in thr sirgular oi t
ptwil u?ywhere in this Mwt9s9e, shall be sinyulx if one only ~nd ~
shall bs plwal jointly snd seve?slly if more thae one, and that the wwd "their" as used ~nywhere in this MortQaye sh~ll be taken to mean "his;' "hers;' i
or "its," wherever the co~text w implies or ~dmin. Also, tMt wherever there it ~ reference in the coven~nn ~nd agreert~enn herein co~taF~ed to a~r of
+he pa+ties hereto, the ism~ shall be construed to mesn ~s well ai the heirs, legal r~present~tives, suueston and assi9ns (either voluntary by act of tM
parties or invotumary by operation of the law) of the same and that the covenants her~i~ contai~ed shsll bind ~nd the be~efits snd ~dv~ntay~s inw~
~o the respective hein, tegal representatives, successors and us~Qra of the parties heieta
And sa+d Mortgsgorf, fa themsslves and tlrcir hein, IeQal rcpresentstives, wtcesiws snd ati~yns, lureby joiMly and severally covenant and ~pree
fo and with the ssid MORTGAGEE, in iuccesson ~nd assigns:
1. To p+y all s~d iugvlu tM principal and interest ~nd the wrious ~nd sw~dry sums of ma~ey payable by vinue of said p~omiswry note, a~d this
morfgaye, each and every, promptfy on the da~ respectively the aame severally become due.
2. To pay all and s;nQvlar the taxes, assessmcnri, levies. IisbiliY~es, oblig~tiom and tncwnbrsnces of every natur~ snd kind now on said dacribed
P~~?~Y. a th~t hereah~r msY b~ imPCSed, suffer~d, plated, levied, w ~ssessed thereon, w tMt hereaher may be levied w assessed upon tlds
age. « tFw indebtedness sec~rd hersby each and ~very, when dve ~nd payable. ~aordiny ro l~w. befae tnap becorn~ ddinquent, and b~fw~ any int~e~it
anaches or a~ryr penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPiIY SATISfIED AND DISCHARCsEp OF
RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPi OR THE SATISFACTION PMfR OFFICIALIY ENDORSED
OR CfRi1FIED1 SHAIL BE PtACED IN THE HAkDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AF7ER PAYMENT; ~~d in the event tMt any thereof is nw
pa~d, sat:~fied and distharged sa:d MORTGAGEE may st any time psy the ssme or any part thereof withovt waiving a affectinp any optio~, lien, equity w
•~qht under or by vi?tue ol this mortgrye snd the fult amount of each and every ,uch paymem ahali be immediately due arxi payabk and sF~all be~r inte~eit
i.om the date thereof vntil paid at rate of nine per centum per annum ~nd togefher with svth iMere~t ~hall secured by the lien of th:s moryta~
~oox~~5 ~~~f1847 ~
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