The URL can be used to link to this page

Home My WebLink About2585 ~~120~ iH15 INDENTURE, Msde the 1 S t day of ^ n~~ e~~P r A.D. 19 ~ between .l~hn ti,. tl~skins ar.~~ ('uth C, F~oskins hi~ a:i f~~ of St • ~.UC 1(~ ~Wnty Flwida, he~einaf~er designated as the "MORTGAGOR," and FIRST FE~ERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporat~on orga~~zed and existing under the laws of the Un~ted S~atas of America and haviny iri principa) place of business in ths City of Fo~t Pierce, St. lucie County, Flwida, hereinafte~ desi~nated as the "MORiGAGEE:' WHEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE irt the sum of S 17 . 9ood and Iswful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, as avidenced by a certain promiuwy ~ote of eveo date herewith, of which the (oltow~ng in words and (igures is a true copy, to-tvil: ~ s t7,2oo.~0 ln:~ia~n~. ~ Fort P~erce, Flaida, h~~'~'mber 1~ ~y 72 Fw value rrceived, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANO IbAN ASSOGIATION OF ~ fORT PIERCE at Fort Pierce, Florida, the sum of S 1? ~~r, w~th interest irom date at the rate of 7•~ °~o per annum, in monthl~ install- ~nents as fo1!ows: S 139 •n0 on the lOth day of ~~nua ry ~97~ and a like sum on the cwresponding day of each month there- after until the whole be fully paid. ; Each installment first shall be applied in payment of the interest and then on the unpaid balance of the p~inc pal sum. If d ault it made ir, the ~ payment of any installment when due, and such defau~t continues 30 days, then at 1F~e option of the holder, and without sny other not~ce, all the remt~ning ' ~nstallmen!s shail be due and payable at once. Privilege ~s given to prepay this note in whole or in part at any time wilhout penalty, Neither forebearante, 6.95 ~ nor acceptance by the holde~ thereof after any defau~t in any payments hereon, shall be deemed extension. A late payment charge of S shall be ~ added to each instaliment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installmem remaining unpaid 7 days after ~ each succeeding payment date. Each maker, surety and endorser hereol, joinNy and severalty, waives demand, presemment protest and notice of protest for nonpayment, and further . agrees fo any extension of time of payment, either before or after maturity, wi~hout not~ce to any of us; and to pay all costs of collection, inciud~ng a ~easonable attorney's fee in the event of any defau~t he~eunde?, and hereby severally waives all benefit of homestead and exe^+p±~c+n under the constilution a:~d laws of each State of tFee United States, as against this obligation w any extension or renewal hereof. ~ Witness the hand and seal of each party. (SEAL) ~ S . A il F 1. I! O S 111 S (SEA!) (SEAI) s ~ "uth C . Hosklns ~SEq~~ ~ ~ fi 2 5. 80 ~ State Revenue `t,- (sramRs-ca~uette~ Qrr artginat ~th ~ 17 ~On . 00 ~ NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securing payment of sa~d sum of s and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by theu presents, does grant, bargai~, sell, remise, ~ release, convey and conf~rm unto the MORTGAGEE, its s~ccessars and au~g~s, al~ tha~ certain iot, piece or parcel of land, situate, lying, and beir?g in the Couny of 5 t• Lu C 1 t' and State of Florida, deuribed as fol~ows: ~ I.ot 21, tcl~ck 13, I?c~visc~~' Pl~t ~f ^Ot%T ~IERCli REAC!+ S['BDIVtSIO`:, as oer nlat therFOf on file in Plat E~ook 8, p~g~ 29, of th~ Public ~c~cor~~s of _St. 1_uciP County, ~loric?~, ~ ~ ~ STAT E aF F~-~ R 3 D!-~ ~ - y/ ~ N PAYMElIT OF T11XES ~ ~ r O O C U M E N t A R Y,~- ~ S~A____ M P D U E O N GASS 'C' It1TAN61Q~E FE:iS~NJIL ?ROPFIfY. ~ c. _ P_ ~ . , - UEPi. UF REYENUf I ~~SNANT TO CHAPTE°• 71-13~. ACTS Of 19lL ~ z.- N- _ ~ ~ 2 5. 8.~ 1 ~o~T~.~ ym = ~ MJf':7Z~.~w o~' py, ~ ~ CLfR1( CIRCUIT OOIIRT. Si. UlC1E CO.. FlA ~ ~no2 a together with all and singular the tenements, hereditaments snd appurtsnces thereunto belonging w in anywise sppertainirg therefo, and al) rentt, iuues, proceeds and profits atcruing and to accrue from said premises, all of which are included in the above and fwegang deuription and habendum. TO HAVE AND TO F{OlD the above desvibed and granted premises unto the ssid MORTGAGEE, itt successors +nd auiyns forever. Md th~ said th~i r MORTGAGOR fw he~rs, executws, administrators and assigns, hereby covenan» with the said MORTGAGEE, itt svccessors and ~uiyns, thc~ ~ a re ihat Iswfully seized of the said premises in fee simple; that the ssme are free, clear ~nd discharged from ~II liens and encvm- brances in law or in equity, and thatt~ey W~~~ a~ the i r ~irs shall w~rrant and defend the fi?le to the same to tM sald MORTGAGEE, its successors and assig~s, forever against the Iawful clsims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shal! pay unto the MORTCsAGEE the promissory note hereinbefore dewibed ar+d shall truly, promptly ~ and fully perform, d~scFurge, execute, complete, comply with and abide by each and every the stipulations, agreemenri, condition~ and covenants of said prom~ssory note and of this Mortgage, then this Mongage and the Estate hereby created shall ceax a~d be null and void. ~ IT IS UNDERSTOOD that the wad "Mortgagw" whNher in the singular or plural anywhere in thit Mo?tgage, sh~ll be sinyula? if one only ~nd shall be plural jointly ~nd severally if more than one, and that the wo~d "their" ss used anywhere in this Mo~tgsge shall be t~ken to mesn "his;' "hen," or "its," wherever the context so implies w admits. Alw, that wherever there ii a reference in the covenanb and agreements herein contained to any of ~he parties hereto, the same shall be cons!rued to mesn as well as the heirs, legsl representativd, successws +nd sssigru (either volunury by aet of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits end advantages inure to the respective heirs, legal reprexntstives, successors and au'gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors ~nd augns, hereby jointly and severally coven+nt and agree !o and with tF~e said MORIGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest a~d the vsrious and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, p~anptly o~ the days respectively the same severolly become due. 2. To pay all and singular the taxes, assessmcnts, Ievies, liabilities, obl;gations and encumbrances of every nature snd kind now on said desuibed property, w that hereafter may be impoted, suffered, plsced, levicd, or asussed thereon, w that F~ereafter may be levied w sssessed ~pon this Mort¢ age, or the indebtedness secured hereby, each and every, when due +nd payable, accordi~y to Isw, before they become delinquent, and befor~ any inttrat atraches w any penalty is incurred; AND INSOFAR AS ANY THE4EOF IS OF RKORD THE SAME SHAII SE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI. OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAItY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFtER PAYMENT; and in tF~e event that any thereof is not paid, saYsfied a~d discharged sa:d MORTGAGEE may at any time pay the ssme w any part thereof without waiving w affetting any option, lien, equity or •~qht under or by virtue of this mortgage and the full amovnr of each and every such payment shall be immcdiately due and paysble •nd shall besr interest ~.om the date thereof until pa~d at rate of ~ine per centum per annum and together w~th such interest shall be secured by the lien of th:s morgtaye. t~~.~~~~'r ~~~~2584 ~ y~ ~ „ ~ ~ ~ . _ .