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Home My WebLink About1549 2~Q419 ~ TNIS INDENTURE. Made t~ie ~(~th day of ~~tObc't" A.D. 29_` between RLA\TO?I A\Il 1~:C)OP COVSTRl1CTI0`!, I'~C., a I'2orida Cot~or:~tion uf C t. ~.UC. 1(~ ~ County F~o~ida, hereinafie? desgnared as ehe "MORTGAGOR." and FIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corpora~~on organized and cz~sf~~g unde~ the laws of the Un~ted StatQS of America and Mving its principal place of businesa in the City of Fort P~e~ce, St. luue Gounty, Fior~da, hereinaiter des~gnated as the "MORTGAGEE:' WHEREAS the MORTGAGOR ~s justly indebted to the MORTGAGEE in the sum of S`~~ ~9~~'~~- 9ood and lawful money of the Un~ttd Sfates ad~rarued by the MORTGAGEE unto ihe A10RTvAGOR, as evidanad by a certam promissory note of even date herewith, of whlch the follow~ng in v.o~ds and Ggvres is a vue copy, to-wit: 100189h1 ? -i , 9(~O.O~ No s Fort Pitrte, florida, October ~0 19 72 Fw value received, 1, we or ei~her of us, prom~se to pay, without defaicat~on, ~o the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Florida, the sum of 5---? 3~ Q~~ w~th in~erest irom date at the rate of S o per annum, in moNhly ~nstall- ~~enis as fol:ows: 5--17 ~=~7-- on the 15t day of ~bru~ ry ~9__73_ and a like sum on the correspond~ng day of each moMh there- a!ter unf~l the whole be f~lly paid. Each ~nstallment first shatl be appi~ed in payment of thz interest and rhen on the unpa;d ba~ance of the princpal sum. If d aulf is made in the ;,~,,ne~t of any installment when due, and such defa~lt continues 30 days, the~ at the opt~on of the hoider, and wirhout any other notice, aIl the remaining •:sratlments shail be u.:c ar.d payab~e at once. Priv~lege is given to prepay lhis no~e in whote or in part at any t~me without penalty. Neither faebearance, nor acceptance by the ho!der thereof afrer any default ~n any paymenis hereon, shall be deemed ex~ens~on. A late payment tharge of S a'8S shall be ,;id~•d to each instal{ment remaining unpa~d 7 days after its due date, and a I~?e wm shall be added to each such instaltmeN remaining unpaid 7 days after each succeedinq payment date. Each maker, surety and endorser hereof, joint!y and severally, wa~ves demand, p~esentment protest and notice of protest fw nonpayment, and further a~rees to any extension of t~me of paymenl, either beio~e or after maturity, w~thout not~ce ro any of us; and to pay ajl costs of tollection, includ~ng s reasonable attorncy s fee ~n the evcnt of any de{au~t hereunder, and her~uy severally ~n•aives a~l benefit of homestead and exemption under the conatitution d laws of each State of the Unrted $ta!es, as aga~nst this obligation a any ex~ens~on o~ renewat hereof. F3LA~vTCV A\l~ t~p01~ CO`:STRIt('TIO~'V, IVC. Witness the hand and seal of each par~v. F3Y: s/ J~m~s H Blanton, Presider~AU '';,r~r~t~ Sc~~l Affix~~T (SEAI) l1TTF=S't: s Juli3 F. t4ooc~, 5ccr~tary- ~A~~ ~ Treasurer ~S~,qU 13~,8~ ~ ) State Revenue l6+ernpt eaneeHed v~ oe+qi*+sF-nofe) 23 ~900.OC~ ~nd the rformance of the NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S P~ covenants and agreements hereinafter expressed. aid for divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, re!ease, convey and tonfirm unto the MORTGAGEE, its successors and assigns, eII that certain lot, piece or parce) of land, situate, lying, and being in the St . 1.UC lE' and State of Florida, described a~ follows: County of .~11 Lot 5 anc? th~ '~'c~st 33 fe~t of Lot =4, Block 21, PIV}:FD~ILE Y~~CHT CLi'T? I:ST:1TIiS, (?'~'IT 2, as ner ~lat th~reof on filP in , Pl~t Rook 6, panc~ -1n, of thc• ~ublic rFCOr~'.s of ~,t. Lucic~ ~ ~ County, F'lorir.a, i i ~ f ~ ' _ _ . - ~ O IN PAYMENT OF TAXES ~ STATE ~F FLO R i D A~ pUE q1 CIASS 'C' INTMlGIBLE PER90NAl P~OPERir, 6 OOCUMENtARY .•..,.;.STAMP 1A X I ~AIIT Tp CHMTER 71-134. ACTS of lg)1.~,~~ c~ ~O DEPT. UF REVENUE `.s- ; ~OCER ~'OI~~RAS ~ N- _ ~ 3 5. 8 5 1 CLFIIK CIRd11T OOURT, s1. ~~E oo~ ~u L ~ ~ i _ = u~.~ z_ n n o Pa. - ~j ' I ^ o - u~ot , together with all and singular the tenements, hereditaments and appurtances thereunto belonging w in snywise appertaining thereto, and all rtnt~, iuuts, prxeeds and profits accruing and to accrue from said premises, all of which are irxluded in the above and foregoing description and habendum• TO HAVE AND 1Q ~OLD the above described and granted premises unto the said MORTGAGEE, its suctessors and ~ssigns forever. Md 1M said ~ ' h10RTGAGOR for Fxirs, executors, admin]strators and assigns, hereby covenants with the :aid MORTGAGEE, U~ succasai and aui9ns, rhat lt 1~ lawfully seized of the said premises in fee simple; that the same are free, clesr and diuharged from •II 1'~era ~nd encum- brances in law or in equity, and thar 1 t W~~~ a~ 1L S heirs shall wsrrant and defend the title to the ~ams fo ths uid MORTGAGEE, its successors and assigns, forever against the lawiul claims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORT~AGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore dexribed a~d shall fruly, promptly and fully perform, d~scharge, execute, complete, comply wi~h and abide by each and every the itipulations, agreements, conditions and covenaMS of said ~ prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ~ IT t5 UNDERSTOOD that the word "Mortgagoi' whether in the singular or plural anywhere in this Mwtgsge, shall be ~ingular if one o~ly snd shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mwtgage shal) be faken to mean "his;' "hen," ~ or "its," wherever the context so implies or admits. Also, that wherever there is a refe?ence in the covenants and sgrcements herein tontained to any of F, fhe parties hereto, the same shall be construed to mean as well as ~he hein, legal rep?esentativet, successas ~nd assigns (either volunury by ~cf o the parties or involuntary by operatio~ of the law) of the same and that the covenants herein contained shall bind and the benef~ts and advant~ges inu~t ro the respeUive heirs, legal representatives, successors and ass~gns of the parties hereto. ~ And said Mortgagors, fo• themselves and their heirs, legal reprexntatives, successors and assigns, hereby jointly and severally covenant ~nd ayree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the printipal and interest and the varicws and sundry sums of money payable by virtue of said promissory note, ~nd this mortgage, each and every, p~ompt~y o~ the days reapectively the same uverally become dve. 2. To pay all and ~ingular the taxes, assessments, levies, Iiabilities, obligations and entumb?ancd of every nature sr?d kind now on said deWibed ~ property, or that hereafter may be imposed, suffered, plxed, levied, or assesud thereon, o? thaf herealter msy be levied ot assessed upon thi~ Mori¢ age, or the indebtedness secured hereby, each and eveiy, when due and paYable, accuding to law, befwe they become delinquent, and before ~ny inte~est arraches w any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SA1NE SHAtI BE PROMPiLY SATISf1E0 AND DISGHARGED OF RECORD AND THE ORIGIt~;AI OfFICIAI DOCUMENi (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not e pa~d, sat sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving w alfecting s~y option, lien, equity w ~ ~~~ht u~der w by virrue of this mortgage and the f~ll amount of each and every such payment shall be immediately due and payable and shall bear inte~es~ ~.om tht date thereof until paid a~ rate of nine per ce~t~m per annum and together w~th such interest shall be~ ec~vred by the lien of th:s mor9laye. ~~,_k 2D7 ~ ~ -1.5a~ ~ . - . ~ ~ r