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HomeMy WebLinkAbout0545 244i090 ~ TH15 INDENTURE. IN~d~.the 2~a day of January - n.o. 19..~3„ betwee~ _ Rslph H. Crouch and Msrtha V. Cso~~ •!}i,~~fe of ___$t. T.LiC~@ Counry Flwid~, MreinaftK designated ~s the "MORTGAGOR;' and FIRST fEQERAI SAVINGS ANO LOAN AiSt~CiAT10N Of FORT PIERCE, a co~porat~on wyanized ~nd ~xistir?p under tM laws of tM United Sut~s of Amerka a'nd ?uvinp i» principal pl~c~ of busineu in tM City of faf PiNCS, St. lucie Counry, Florida, hereinaft~r desi9natr! ~s th~ "MORTGAGEE." WHEREAS the MORTGAGOR is j~stly ir+debt~d to tF?~ MORTGAGEE in ths sum of = 27 s~~ 8~ and lawful money of the Un~ted S~ates advanced by the MORTGAGEE unto i~w .'.`ORTGAuOR, as evicenced ~y a certain promissory nofe of even da~e herewith, of wh~ch tht followiny i» words snd figures is a trw copy, to-wit; - ~ 27~ 500.00 10019245 w~ P~erc•. Flo?id~. -1311~ rv 2 ~ ~ Fw value received, I, we w either of us, p~om~se to pay, without de{alcatiw+, to the ordcr of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ORT PIERCE at Fort Pierce, Florida, the sum of : 27 w;th intereit from date at the ~ate of ~95 ptr annum, in monthly instslt- ments as followt: on the day of -~~1e l9~~ snd a like sum on the correiponding day of each mon~h their ~ after until the whofe be fu!!y paid. EacA installmen! f;nt shall be ~pplied in payment of the ;=-:'arest and then on ths unpaid 6alance o( the prineipal sum. If defauh is made in the ~ ~ paymcnt of ~ny installmem when due, and such default co~tinues 30 d~ys, thm at the option of ~i~a hp{det, and without any othe~ notice, al) the remaining ~ t~ ~r~stallments shati be due and payable at once. Privikge is qiven to prepay this note in wFwle w in part st any time without penalty. Neither forebear~nce, ? nor acceptance by rhe hokler the~eof after any default in any payments hereon, shall be deemed extensio~. A late payment charge of = 10•2~a11 be ~ added to each ins?allment remaining unpaid 7 days after iri due date, u?d a like sum shall be added to each such instaltment remaining unpaid 7 days ~fter ~ each succeeding payment dare. ~ Each maker, surety and er~dorser hereof, joint:y and sever~lly, wa~ves dema~d, presentme~t protest and notice of p.otest fw nonpaymem, and further ~ agrees to any extensio~ of time of payment, either before w afte~ maturity, without notice to any of us; a~d to pay a~I cests of cotlection, inclutiing a ~ reasonable attorney's fee in the event of any defautt hereunder, aad hereby severatly waives all bene(it of homestead and exemption under the co~stitution and lavrs of each State of the United States, as against this obligation or any extension or renenral hereof. ~ Witness the hand a~d seal of each party. ; a_/~~ph N. Crouch (SEAU ~at~ ~ IS~+U J f_.~ dl ~25 ~ State Revenue S~-~i ~ji~---y. CYOi~i`ti ISEAL) ~ ~ .t v NOW, THEREfORE, the MORTGAGOR for the purpose of sec~ring payment of ssid sum of = 27 ~ 5~0. ~ and the perfarmance of the covena~ta and agieements hereinafter expreued, snd for divers good ar+d valuable considcrations, by these presents, does grant, bar9ain, sell, remise, ~ releass, convey and confi~m unto the MORTGAGEE, iri svccessws and suigns, ati tha: tertain lot, piete or parcel of land, situate, lying, and being in the . County of -_St . LuC ~e . end State of Flwida, described a fotlawi: ~ Lot 20, Block 3123, PORT S?. LUCIS, SBC?IO[~I 45, as pQr plat thereot on ti~e = in Plat Book 16, Page 25, of the Public Records of St. Lucie County, Rlorida. ~ 3 i ~ S # ~ ~ ~ , ~ ' ~~4~ ~ ~ . O f ~p ~ ~ a'~ ~ ~~~Z ~ ~ P ~ ~ g , ~ ~ % ~ D s+'$ ~ 9E4`.o ~ J~~~s ' ~ ~ td~ tECEIYEb S ~ tN PAYMENT QF TAXES ~G O DUE Of! CIASS'C' ItITAttGIBIE PE~SJ'"•l p-~?ERIY ~ ~ e' O PI~St1ANT TO CFIAPTER 71-134, AGTS OF 19/1. ROGER AORRAS ~l~ . ~~ll CI(~UIT OOUIiT, Sfi. LUCIE 00. FIA~ +ogether w;tl~ all snd singular the tenements, hereditaments +nd spp~rtances thereuMO belonging or in anywise appertaininy therefo, ~nd all renri, iuues, proceeds and profin accruing and to acuve from said premises, all of which ue included i~ the ~bov~ ~nd foregoing dewiptron and hebendum. TO HAVE AND TO HOID the ~bove desuibed and g~anted premises unto the said MORTGAGEE, ib wccessors and auiyra fo~~ver. Md th~ said MORTGAGOR fw thei~ executors, adminisrratws and auigns, hereby covenanb wirh tiie said MORTGAGEE, itt successon and iu'~pna, that --fi,ti~y--a,TA--- lawiully u~zed of the said prem~us in fee simple; th~t the ~ams are free, clear ~nd d~xFurged from •11 liens and encwrf brances in law o~ in equity, and ~hat they W~~~ a~ their heirs shall wsrrant and defend the title to the ssme to the said , MORTGAGEE, its auccessors and assigns, faever against the lawful clair..s and demands of all persons; PROVIDE~, AlWAYS thst if the MORTGAGOR shall psy unto the MORiGAGEE the promiswry note hereinbefore described ~nd shali truty, p~amptty and fulfy perform, diuMrge, e:ecvte, cwnpkte, comply with and abide by ead~ and every the stipula~ions, agreeme~ri, cond~rwm •nd covenann of saw! promissory note and of this Mortgage, then this Mortgage ~nd the Es~ste hereby ueated sF?~II cease and be null ~nd void. IT IS UNOERSTOOD that the wad "Mortgagor" whether in the sirgular or plv~al ~nywFxre in this Mwtg~ye, shall be sinyul~r if w~e only ~nd f shall be pturel jointty and uvenlly if more ths~ one, and ihat the wwd "their" as used +nywhere in this Mortpage sh~lt be taken to mea~ "his;' "hers;' or "its;' wherever tke context so implies or admits. Also, that wherever there is a reference in the covenanb +nd ~greements herein contsined to any of rhe paAies hereto, the ssme shall be conitrued ro mean ss well as tF~e heirs, iegsl representatives, successors ~nd assigrn (either voluntary by act of the parries w involuntary by oper~tion of the law) of the same and that the covenants herein contained shsll bind and the benefiri and ~dvantay~s irwr~ ro the ?espective heirs, legal repreuntative~, successon a~d ssrflns of the p~nies hereto. And ssid N~ortqsgort, fw themulvq and their heirs, leg~l representativa, succeuors and suigns, hereby jointly and severaNy coverunt ~nd s9ree ; io and with the said MORTGAGEE, its successors and auigns: ; 1. Io pay al) ind ainguls~ the principsl snd i~rerest a~d the various and sundry sums of money payable by virtue of taid promiswry note, ~nd this 1 mortgspe, esch ~rxl every, promptly on the dsys respettivefy tF?e ssme severally becane due. 2. To pay att and singulu the taxes, assess~nenn, levies, lisbilities, obligstions and tncumlxarxes of every rearure ~nd kind rww on ~aid dearibed property, w thar hereafter may be impoted, suffered, plsced, lev;ed, or sssessed thereon, or th~t hereafte~ may be levied w usessed upon this MortQ~ age, a tha indeb~edneu secured hereby each and every, when due and payable, xcwding to law, befwe tFxy betome delir?Quent, and befor~ ~ny i~terest a!taches o? ary penalty is iacurred; AN~ tN50fAR AS ANY THEREOF IS OF RKOR~ THf S4ME SHALL 8F fR0lNP7LY SATISFlEO AND DISCHARGED OF RECORD AND TME ORIGIhAI OfFICIAI DOCUMEN: (SUCH AS, FOR INSiANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; and in fhe event 1Mt ~ny thereof is not paid, saYsfied and discharged sa:d MQRTGAGEF inay at any t;me psy the same w any parl thereof without wsiving or affecting sny option, lien, equiry p •~qht under w by v~rtue of this mortgage and the f~ll amount of each and every tuch payment shatl be immcdiately d~re and payable and thall bear interes~ ~ ~.om the date thereoi until paid at rate of nine per centum per a~num and t ether wirh such intere„ s red b thq,Ji~~ 1h:s motgt~e. ~ °9 Y l' t~ c ~oriY ~U YAGF J . . , . _ ~ ~ ~~~r _ = _ _ . ~ .