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.
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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
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~ IS~+U
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dl ~25 ~ State Revenue S~-~i ~ji~---y. CYOi~i`ti ISEAL)
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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. ~
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~ ~ td~ tECEIYEb S ~ tN PAYMENT QF TAXES
~G O DUE Of! CIASS'C' ItITAttGIBIE PE~SJ'"•l p-~?ERIY
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~ 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. ~
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