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HomeMy WebLinkAbout2504 238988 ~ ~ 27th Se tember 72 TNIS INDENTURE. Made ~hs day of ~ A.~. 19__~ MMreN~ Emmett 6 White,, a sinale adult ~ oi _ St . Ll1C 1P Couety Flwid~, herein~fttr ds ' ted at tF+~ "MORTGAGpR," ~nd FIRST FEDERAL 5AVINGS AND IOAN ASSOL'IATION OF FORT PI[RGE, a corporatioe~ orpsnised and exislir~ w?der~l~v~ of IMrljpi~d 51aqs of Amtrita and havinp ib pri~cipal pl~u of b~s~ness in ~M City o( fwt PiHC~, St. luci~ Counry, florida~ AQ~NMNK des~nat~d a th~ ~'MOIlT6/1(',aE~"' WHERfAS the MORTGAGOR is juslly iixkbred ro tM MORTGAGEE i~ th~ sum of ~ 12 + 000• Q~ qood and tawful mo~ey ot the Un~ted 1 :•~~es advanced by the MORiGAGEE uroo the MORTGAGOR, as evidenced by a c~rtain p~omipory noN of even date herewitb, of which the toltowinp in ~ hordt and figurea is a ~~w copy, to-wit: s 12~000.00 ~_Zpp18$~7 ~o.~ p~em. ~t«ida. September 2~ ~y?2~ Fo~ value ~eceived, we w either of us, prom~se to pa , without defalcation, ~o the order of FIRST FEDERAt SAVINGSS~ AND LOAN ASSOCIATION QF ~ ~ JRT PIERCE at Fort Pierce, florida, the sum of S 12 w~th inierest irom date at the rate of 7• 7'96 per tnnum, in monthly~iml~l!- j •:,r: as foltows: =_99 •~O on the 15t day of November 19 72 and • like ium on ths correspondiny ~Ay of each month tlxrr t etter unhf the whol@ be fvUy pa(d. , Each tnsraHmenr f~rst shall be applied in payment of the inrerest and then on the unpaid balance of the principal wm. If d auh b made in the ,.,,~n<~t of any ins~ailmant when due, and svch default continues 30 days, then at the option of the holder, and witFwut any other nctice, all the rem~ining :::sra1lments shail be due and payab:e at once. Privilege is given to prepay ihis note in whole w in part at any time withouf penalfy. Neither fwebeannce, i nur acceptance by the hotder thereof after any deFaulr in any payments hereon, shall be deemed extenaion. A Iste payment cha~ge of = 4•9 5 y shsll b~ ~ ,dded to each ins~allmem rema;ning unpa~d 7 days after its dw date, and a like sum shall be added to each such installmeM remaining unpaid 7 days aNer each succeeding payment date. Each maker, surety and endorser hereof, jointly and severalty, waives demand, pretentment protest and notice of p+otest for nonpayment, and further ±~rees to any extension oi nnze of paymeot, either before w after maturity, withoot notice to any of us; and to pay all costs of collection, includinp a ' :>enable atiorney's fee in the evem of any defautt hereu~der, snd hereby sevrrally waives all benefit of Famestead and exemption undtr fhe consfifution ~d +aws oF each Srate of rhe United 5?ares, as aga;nst Mis obligation w any exteruion o~ rcnewal FKreof. Wi~ness the i~nd and seal ot each party. . (SEAU s Emmett E. i~hite, a sing2e aduZt ~i~ ~ ;18 • ) State Revenue ~u =.~amp~-uruall~d-on-o~iyiwal wWe) NON, THEREFORE, the MORTGAGOR fw the r ZZ OOO OO ' pu pose of securing payment of said sum of ; .a • , and the pe?formance of the ena~ts and agreements here~nalter expresud, and for d~vers good aed valvable tonside?ations, by these presents, does grant, baryain, tell, remise, :'.~,~se, convey and confirm unto the MORiGAGEE, its sutcessors and ~uigns, all thar tertain lot, p'~ece or pucel of I~nd, sitvate, lying, and bein~ in the C:,~nty of St . Ll1C 1Q State of Flo~id~, destribed ~s fallows: Lot 1, Block A, Revised Plat of COBB'S PARK SUBDIVISION, as per alat thereof recorded in Plat Book 8, page 54, public records of St. I.ucie Caunty, -Florida, ~ t ~ STATE o~ FLORIDA ~ ~ o= ~ DOCUMENTAR1f ~STAMP TA X t ~ DEP1_ OF REYENUE ' a =P..=~~..7z= ~ 18.00~ ~ = ~~~s~ ~ ° o , R~:,EIVED 5---~-'- IN PAYMENf OF TAX~ ~ :e. ~ ON Ct/1SS 'C' INil1NGtBLE FE^.~`•°'~`•L P~OPERIY, ~ P•~,~:w1Nt TO CFIAPTER 7I-134. A~l~ Uf lyll~ t~ a Rp(`,ER POITRAS ~ CLEpI( CtRGIIIT G01:RT~ Si. UtC1E C0, FIJ~ ~ ~ r ~cgether with sll and sir,gutar the tenements, hereditaments and appurlance~ thereunto belonQing w in anywise ~ppert~inin~ therefo, ar?d all renb, iuves, prxeeds and profits accruing and to sccr~e from said premises, all of which ue inclutled in the ~bove and fwe~oinp deKription a~d habendum. TO HAVE AND TO HOID the above dewibed and granted premises unto tM said MORTGAGEE, its suctessas ~nd auiym forevar. Md th~ s~fd t~]P1 t rr.ORTGAGOR fw he;rs, executon, administrston and atsigns, hereby covena~ri with the said MORTGAGEE, its s~aeswn ~nd ~ssiqm, t hE' `3 re - lawf~ll seized of ti+e said ±^~r - y---- y prem~ses in fe~ s'unplr, that tt» same are fre~, clear snd discharged from all liens ~nd ~ncwr~ :;-ances in law or in equity, and that they will ~nd their heia shall w~rrant and defer+d the fitM to the sarn~ to fh~ s+td ~ :'ORTGAGEE, its successo.s aod assigns, fwever against the lawful claims ~nd dcm~nds of all persp~y; ~ PROYIDED, AlWAYS that if the MORTGAGOR shall pay vnfo the MORTGAuEE the promissory note Mteinbefore dtscribed u~d sh~ll ttuly, promptly ~-.d fully perform, d~uharge. execute, compkte, comply with and ~bide by each and every the stipularions, spreert?ent~, tonditions and covsnann of aid crom~ssory note and of this 1Mortgage, fhen this Mortyap~ snd the Estate htreby veated sh~ll uas~ snd be rwil ~nd void. IT IS UNDERSTOOD thst the word "Mwtyagor" whethea in the singula~ ot plural anywhere in this Morfy~ge, sMll be sinyulu if on~ only ~nd shaU be plural jointly and xvcrally if-mwe than one, snd tMt the wwd "their" ss used snywhert io thia Mortyspe ihall be tsken to me~n "his;' "hen;' ; or ";rs," wherever the co~rexr so implies or admits. Alio, thst wherevsr there is s rsference in tF~e coven+nn a~d sgrsemenri nerein confainsd to ~~y of ; rhe parties hercto, the same shall be ca?strued to mean ~s well ai the heirs, le~al rtpresenbYrves, wccessors and usigns (either volunary by act of ti+~ oarties or invotuntary by operation of the Isw) of the same and that ~he covenants herein contained shall biod and tht benefits u?d ~dvantapes fnur~ fo rhe respective he'ui, legal representatives, tucceswn and au~yro of the p~nies hereto. A~d said Mortgagors, to~ themxlves snd fheir heirs, leq~l reprexnt~tives, suctessors ~nd auipro, hereby jointly ~nd sevaally covaunf and pree ~o and wi~h the said MORTGAGEE, its successas ~nd asigro: 1. To p~y all and singular the principal ~nd inrerest a~d the various ~nd sundry sums of mo~eY paYabk by vi~tue ot said prom;sswy not~, and tl~is -,ortgage, each snd every, prompNy on fIK day respectively the s~me sever~lly becane due. 2 To pay all •nd •inguiu the t~xes, assessments, levies, lisbilities, obligatans and encumbrantes of every n~ture ~nd kind now on uid d~wibtd property, w that hereaftcr may be impo~ed, suffered, Plated, levied, or ~uessed IF~erew~, or tlyt hereaHer may b~ kvied o~ ~ssesad trpo~ thiu Mortp- oye, o. ~he indebted»ess secured hereby each and wery, when due and payabk. ~ccordiny to law, befa~ they become dalinqusM. ~nd b~for~ any int~rss~ ,~rzches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII aE PRO1VMTlT SAT15f1ED AND OISCHARGED OF RFCORD ANO THE ORfGthAl OFFiCfAt L10CUMENT (SUCH A5, FOR lNS1AMCE, THf 1AX RftE1PT OR TME SATlSfACTION PAPER OFfIC1AllY ENDORSED %K CERTIFIED} SHAII BE PLACED tN THE HANDS OF SAID AhORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the event that ~ny theraof is not :.a~d, satsfied and diuharged sa:d MORTGAGEE may at any time pay the same or ~oy part thereof without w~iviny or ~ffectirq any option, Ii~n, puity or •~;ht under or by vinue of this mortgage snd the fvll amount of exh and every iuch payment shall be immediately dw and payabk snd shall bear interest i=om the date fhereof unti~ paid at rate of nine per centum per annum and toyeth~r w~?h s~ch i~terest ihall be ~rr b the lien of or tye. et,~x~+~ ~~r> ~~~1 ~ ~~.~~4;, ~ , _ ~ > - ~ _ _ . ~