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Home My WebLink About0914 , 2399'70 ~ ~ , , , t _ TNIS INDENTURE. Mads the 12t~1 day of October A.O. 19?2..., between LeYOy H. fila~ri and Linda I.a?vonne B2am, h~,~ a~f„~ of - St. Lucie Cp~nty ftorid~, here~naiter designa~ed as the '~JIlL'~tTGAGOR," a1u! PIR6T fEDERAI SAVINGS ANU LOAN ASSpC1AT10M OF FORT PIERCE, • corporation wganized and existing under the laws of the Unifed Statas of Americ~ ~~d havir?g in p?incipal place of !~asinsts in ths Ciry of fort Piace, St. lucie County. Fiotids, hereinafter desgnated ai the "MORTGAGEE." WHEREAS the MORTGAGOR i~ ju~tiy indebted to the MORTGAGEE in the sum of t 8~~~' ~ , good ind lswfuf money of the Un~ted States adranced by tF~e MORiGAGEE unto the MORTGAGOR, as evidenced by a ce~tain promiuory ~ote of even date Mrewi~h, of which the tollowing in words a~d figvr~s is a tr~e topy, to-wit: s S+OOO.UO ~ 10018928 Fort Pierce. Flw'rda. OCtO~er 12 19~~ for value received, 1, we or either of us, promise to pay, without ckfalcation, lo the orde? of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF r~~RT PIfRCE at Fort Pie?ce, Florida, the sum of S 8~~~` ~ with interest (rom date at the rate of 7~ per a~num, in monthly in~tall- ments as io!!ows: 576- ~ on the L~^ day af ~ec~beY , 19.~_ and a like sum on the corresQond~~ day of each month there- after unlil the whote be fully paid. _ . Each i~stallment first shall be applied in payment of the interest and then on the unpa~d batance of the prindpal surrk If d sult is msde in 1F~e ~ayment of any ins~alfinent when due, and such defau:t continues 30 days, then at the option of the holder, and without a~y otber notice, all the remaining ~nstallments shall be due and payable at o~ce. Privilege is given to prepay this nofe in whole or in parf at any time wilhout penalty. Neither forebearar?ce, no• ac:eptance by the holder thereof aiter any default in any payments hereon, shall be deemed extension. A late payment charge of = 3~ 8O , shal) be added to each instaliment remaining unpaid 7 days afte~ its due date, and a like sum shall be added to each such installment remeining unpaid 7 days after each succeeding payment date. " ~ Each maker, surety and endorser hereof, jo~Mly and severally, waives demand, presentment protest and notite of p?otest fw nonpayment, and further agrees to any extension of time of payment, e~ther before or after matur'~ty, without notice to any of us; and to pay all costs of collection, including a reasonable attor~ey's fee in the event of any default hereuRder, and hereby severally waives all benefit of homestead and exemptio~ under the constituYan and laws of each State of the United States, as against this obligation a any extens~on or renewal hertof. Witne:s the hand and seal of eacn pany. , s/ Leroy H. Blam ~sEAq (SEAI) s/ Linda I.avonne Blam ~~i~ c $12 . 00 ~ State Revenue «u iSrar~ saM~eJls~~ aigiwrL octe) NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 8+ 0~~ ~ and tMe performsnce of the . cove~ants and agreements here7na(ter expressed, and for divers good and vsluable cau~derat~ons, by tf~ese presents, does grant, barQain, sell, remiu, retease, convey arx! conFirm unto the MORTGAGEE, its successors snd auigns, all that certai~ Iot, piece or percel of land, tituate, lyinp, and being in the Counry of - S't. Lucie ,~r?d State of fbrida, deuribed +s follows: Lot 1, of MJRGAN SUBDIVISIO:~, ~ccording to the Plat ' thereof recorded in Plat Book ~ at page 35, of the Public Records of St. Lucie County, Rlorida, RD ~ STA`fE °F F s~ Mp ~A~ t r,s N O ~ C~~/1 t RELrtlYED i EYEN U E : IN PAL'SSF. 1 ~ 7 t~' F T A C E S ~z " DEP1.0 3s ~ 2. O 0 i D U E OH CU1SS'C' INTr~NGl3!E i~,^.S:?a<< ~~?ONti1i!Y, ' zr _ - ~ irCi ?7'12 = • • • ! P1:R.Sli~1t~T TO CHAPtca 71-134. ';:i~ :1f 1:1l1. I ~o d ~ P.l. ROuER POITF n'JC ~ ~~i~oz CLER;t C1RCU11 COLA'i, Si. LU^If FUl 0 ' together w7~h all snd singulsr the tenemenb, hereditaments and appurtancea thereunto belonginy a in ~nywiie appert~ining therero, ~nd all rent~, issvei, ~ p~oceeds and profita sccruing and to accr+?e from ssid premius, all of which ere included in the above a~d fore9oirg dewiptio~ ~nd Mbendum. E TO HAYE AND TO HOlO tbe sbove dewibed ~nd granted premites umo the seid MORTGAGEE, iti successors and assiyns forever. And tFw saW ! MORTGAGOR for the1S heirs, ezecutws, sdmini:traton and assigns, hereby covenaMt with the s~id MORTGAGEE, itt ivcceasort snd assiym, ; that --gy ~ th aY lawfully xized of fhe said premises in fee iimple; tMt the same are free, dear and discharged from all lieru ~nd encvm- j brances in law a in equity, and that th e~ will and +h p~ hein thsll wunnt and defend the title to the sarrN to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of al! persons; ~ PROVIOED, AlWAYS thst ii the MORTGAGOR shall pay uMO the MORTGAGEE ths pranissory note hereinbefwe dewibed and thall trvly, promptly and fully perform, d~uharge, execute, complete, comply with snd ab~de by each and every the st~pvlstions, sgreements, conditions and covenants of s~id , promissory oote and of this Mortgage, then this Mwtgage and the Estate hereby ueated shaH cease and be null and void. IT IS UNDERSi00D that the word "Mortgsgor" whether in tha sirgular or p!u?al anywhe~e in this Mutgape, shall be sinyular if one only ~nd shall be plural jointly and ieverally if mwe than one, snd that the word "their" ~s used anywhere in tho Mwtyage shall be take~ to mean "his," "hen," or "its;' wherever the context so implies or admits. Also, fhat wherever there is s reference in the covenants and sgreements herein contained to any of the perties hereto, the same slwl! be const~ued to mesn ss well as the heir~, legal representatives, tuccessors and asi~gm (either volunt~ry by act of the parties o~ involun+ery by operatan of the law) of the same and that the covenants herein contained shsll bind and the benefitt ~nd ~dvantages inur~ to the ~espective heirs, legat repreuntatives, successors and au'gns of the parties hereto. And said Htortgagors, for themselves and their heirs, lega! ieprexntativts, successors and assigns, hereby jointly and severally covensnt s~d ayree to and with the taid MORTGAGEE, its successors and suigns: ; 1. To pay all and singular the principal and interest and the various snd iundry sums of mo~ey payable by virtue of uid p?omissory note, and thit mortgsge, each end every, promptly on the days respecrively fhe same severaNy betor?ie due. j 2. To pay ell snd singuiar the ?axes, assessmenti, levies, l;abil;fies, obligations and encumkxances of every nature e~d kind now on said described property, w that here~fter may be imposed, suffered, placed, levied, w assesscd thereon, w thst hereafter may be levied p sssessed vpon this Mort¢ aye, or the indebtedaess secured hereby. each and every, wfxn dve and payable, accwdirg ro Isw, before they become delinqveM, and befote my Intersit aqaches a any penalty is incurred; AND INSpFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGED OF REGORD AND THE ORIGINAL OFFICIAL OOCUMENT (St:CH AS, FOR It~{STANCE, THE TAX RECEIPT OR TNE S/l1(SfACT10N PAPER OFftCIALIY ENDORSED OR CERTIFIED) SHAII BE Ptl1CED IN THE HANDS OF SAlD MORIGAGEE WITHIN TEN QAYS NEXT AFTER PAYMENT; snd in the eve~t that any tF~ercof is not paid, sat'sfied s~d discharged sa'd MORTGAGEE may at any time pay the same w any part thereof without waivir?g or affecting ~ny option, lien, equity or I •iqht under w by virtue of this morigage and the fufl amount of each and every such paymenf shall be immediately due and payable and sball bea~ interest ~•om the date thereof until paid at rate of nine per centum per annum ~nd together w~th such interest shall c the lien of t~mprytaye, ! ~uu~.K~~ racE ~ 4 - - ~ - - -