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HomeMy WebLinkAbout2828 . . ~ ~~:35;~9 , iH15 INDENTURE. Made the ~~th day of Novc~mver _ A.p. 1972 betwcen . _ _ , , . John L. Atartin and Eiart~ara Martin, his~wite ' oi St. 1-UClE~ ~p~nty flwida, hereinafte~ des~y~~ated at the "MORTGAGOR," and fIRST FEDERAI SAVINGS ANU LOAN ti~SOCIATION OF FORT PIERCE, a corporat~on wganized and ex~s~+ng under ~he lawi of the Un~eed Staias of America a~.d having in p~incipat plscs of 6usineu in fhs City of Fort Pierce, St. lucie County, flwida, here+nafter des~gnared as rhe "MORiGAGEE:' WHERFAS !he MORiGA~OR is jusfly indebtcd to the MORTGAGEE in the sum ot S?? •0O good and lawful money of the Un~tcd Srates advanaed hy :he MORTGAGEE unto the MORiGAGOR, aa evidrncad by a certa~n promiisory no~e of evrn da~e herewrth, of wh~ch the ioVlowing in l.o•ds anc~ figwes is a trua capy, +o-wit: s 3 7. n0U .Op No 10019110 Fort Pierce, florida, Npvember 2E3 ~ ~y'7? Fo. rafue .~ceived, 1, ve or eiir.er of us, prom~se to pay, wirhout defa!ca~~on, to the o~der oF FIRST fE~fRAI SAVINGS AND LOAN ASSOCIATION Of ~ORT Pi~R_t ae Fo•t P~erce. Flo~ida, ~•:e sum of S~?-sOOO ,~Q__ w~ih imrrest from date af ~he rate of __^_qo per annum, in monthly ins~all- ~,~•n~s as io![:,vs: S?~~!~~ _ on the lOth day of _j~nu~~rY._. , i9-_73 _ and a like sum on the correspont~r4g•~ay of eac~i month there- .~rtrr until ~fie ~~hqR ue fvlfy pair:. ~ . , , . • Each ;nsH~~ment first ahsN be appi~ed in pay~nrnt of the inrerest and then on the ~npu~d balance oi the princ:pal sum. If defautt is made in the ..,;ment of any insra~Ln~ u when d~e, and wch default continues 30 days, lhen at the ophon of the holder, a~d wi~hout any other notice, all the remaining ,irait~nents shalf be due and payabte at once. Priv~lege is yiven to prepay this note in whole or in parf at any time without penalty. Neither fprebeara~ce, ~ or acceptance by t»e lwtder the~eof afrer any defautt in any paymen~s hereon, shall be deemeKf extension. A late payment charge of ;_1O •O0, shall be .ided to each instailment remain~ng unpa~d 7 days after its due date, and a I~ke wm sha{I t~ added to each wch installmeN remaining unpaid 7 days after -.ach succeeding payn:ent datr. Each maker, surety and endorier hereof, joinNy and teveraNy, waives demand, prrsentmen? protest and nofice of p~otest (or nonpaymeM, and further ~~~ers to any extension of t~n~e of payrnent, e+ther before w after maturity, wirhout not;ce to any of us; and to pay all cost: of collection, includ~ng a ~ isonabie attwncy's fee in the event of any default hereundrr, and hereby seve~ally waives all benefit of Fwmeatead and exemptio~ under fhe constitution ~~d taws of each Sfate of Ihe United States, as against this obGgation w any eatena~on w renewal hereof. Wit~esa the hand and seal of each party. (SEAL) _ s/ .Iohn L. t~tar t in ~sEa~~ (SEAIj s/ E~arbara rtartin t- ~4O • S~ ) ~~atf' Iklvr~i4e i S rert~s eaweeUed.•pn .prigirw~, wde) IVOW, TNEREFORE, the A~OR'GAGOR for the purpose af securi~g payment of sa~d sum of S 2~ s~~•~~ ~ a~d the performance of ths co~enanrs and agreemenes he~einafter expressed, and fo~ dive~s good and valuable considerations, by these p~esents, dces grant, bargain, sell, remise, re~ease, convey and tonfirm unto the MORTGAGEE, its succeswrs and assigns, aIl that certain lot, piece or parcel of land, situafe, lying, and being in the Ccunty of $t. Lucie and State of Fbrida, descr~bed es iollows: Lot 28, I31ock 28, RIVGR PARK, UNIT 10, 3, as per plat thereof on file in Plat Book 10, Page 80, of the public records of St. Lucie County, Florida, ~,S . ~M~~t O~Q ti. R~ p p, l ~~e~ NALe y,,. _ ~ STA,TE °F F S~ MP t r. >.1 ~E~S" vF' flocuM~N1ARY~~....._------ r S~N~~,Ge ~.~~5 ~ E~? . ~ . ~ 5 0 ' ~ , OEPT QF REVENUf 4 4 c t~ ~~~~~,~6 t s,c _ _ :..C 1't'12 . • ~ ~ ~ ~~G~F.,~N G~~ G~~~~,f,R~'~~ ~gJi. (~'c` 4 C1 o P~~ . OV RS~ '\S ~ a ' ~ QV ~ ~.,\P~ rogethe~ with a!1 and singular the tenements, Mredifaments and appurta~ces thereunto belonging w in anywise appertaining thereto, and sll rents, issues, ~roceeds and prof~ts accruing and to accrue from said premises, alt of which are included in the above and foregoing desuiption and habendum. TO HAVE ANO TO HOlO the above described and granted premises unto the uid MORTGAGEE, iti successors and aisigns forever. And tM uid '.~ORTGAGOR for thell heirs, executors, administrato.s and assigna, Fxreby cove~a~ts with the said MORTGAGEE, its successws ~nd ~ssiyro, ~hd~ - ~L__`___ rhe~) `1r~ - lawfuliy seized of the said premises in iee simple; that the tame are free, clear and discharged l~om al! liena end encvrt?- brances in law or in equity, and tlut they N,~~~ a~ their heiry shal! warrant snd defend tFie title to the same to the asid '1tORTGAGEE, its successors and assigns, fwever against the lawful claims and demanda of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note nereinbefore described and ihall truly, promptly a~d fully perform, d~uharge, execute, compfete, comply w;~h and abide by each and everyr the stipulations, agreements, conditiona and covenants of said crom~sso~y note and of this Mwtgage, then this Nbrtgage and the Eatate hereby created shall tease and be null and void. IT f5 UNDERSTppD that tF~e word "Mortgsgpr" Mrhelher in the s~ngular or pl~ral snywhere in ihis Mwtgsge, sh~ll be singular if one o~ly ~nd shall be plural jointly snd uve+alty if more than one, and that the word "their" as used anywhere i~ this hbrtgsge shall 6e taken to mea~ "his;' "hers," or "its," wF~erevcr t}~e context so implies or admits. Also, that wherever there ia a reference in the covenants and agreemenfs herein contained to any of rhe psrties hereto, the same ahatl be construed to mesn as well as the heirs, legal representatives, successws and assig~s (either voluntary by ad of the parfies or invofuntary by operation of the law? of the sarne and that the covenants herein contained shatl bind and the benefits and advant~ges inure ~o the respettive heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themxlve~ and their heirs, legal representatives, successors and assigns, hereby jointly and severallX covenant and ~pree ro and with the said MORiGAGEE, ~ts successas and assig~s: 1. To pay atl snd singular the principa! and intere~t and tbe vsrious and sundry sums of money pay~ble by virtue of said promissory note, and thi~ mortgage, esch and every, promptly on fhe days respectively the same severally become dve. 2. To pay aIl snd •ingular the taxes, assessments, levies, liabili~ies, obligations and encumbrances of every nature and kind ~ww on ssid dexribed p.operty, w that hereafter msy be imposed, su(fered, pt~ced, Ievied, or auessed the~eon, or that 1?ereafter may be lev;ed p assessed upon tl~is Mwtp- a~e, or the indebtedness secured hereby, each and every, when due and payable, according to Isw, before they become delinquent, and befwe any imerei~ a~tech.s ot any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD TME SAME SHAIL BE VROMVTIY SATtSf1E0 AND DISCHARGED OF ?ECORD AND THE ORlGl1VAL OFFItIAI DOCUMENT 1SUCH AS, fOR INSTANCE, TME TAX RECEIPT OR THE SATI$FACTION PAPER OFFICIALLY ENOORSED OR CERTIf1ED) SHAII BE PIACED IN THE HANDS Of y?ID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in fhe event that any thereof is not ca~d, sat sfied and d~scharged sa:d MORTGAGEE may at any time pay the same or any part thereof withoul waiv+ng oi alfecteng any option, lien, equity w •~qht under or by virtue of this mortgage and the full amount of each and eve~y such payment shall be immediately dve and payable and shall bear interest ~~om the date therrof until paid at ~ate of n~ne per cen+~m p~r ann~m and toge?her w~tF~ s~h py~ sFall (x~~~ the tien of th:s mwgtage. 30~!! ~il~ 'r!:,~ ~ ~ ~ ~ _ - P ~ r : ~.x c~k~'~-~~`~'~'~.t.r.-~-~.. ~ s~~.~~~^^--~''^~'- ~ -sf- s