HomeMy WebLinkAbout0141 2499'74 ~ ~
TNIS INDENTURE Md~ th~ 14tb d.~? of M~~l A.~. 19_~ b~tw~Nn
Basl wL Spi~el and Do~coth~a~ S. Spi~,~~ bi• ~ril~
of `St• L~ f Cpunty Florid~, hN~ie?~ftK dqipna~~d a~ tM "MORTGAGOR." +ed FIRST fEGERAI SAVINGS AND lOAN
/?SSOCIA?ION OF FORT PIERCE, a oapa~tio~n or~niud a~d ~xatinp undM tM I~ws of tM 1M~t~d SatN of MN~ka and Mvinp ib pi~cip~l pl~a oi
budnq~ in th~ City of iat Plaa. Sf. luN~ Co~xN~ Flo ~~d+i. hsr~inifla dniy~at~d ~ tiw "MORIGAGEE ~
WHEREAS tM MORTGAGOR b.~ntly ind~bf~d M tM MORiGACsEE in tM wm of ~ i~~Z~~~ - 9ooJ u~d lawfvl a?oMy of tha United
StatN advanc~d by th~ MORTGAGEE unto th~ MORIGAGOR, N~vid~nc~d by a urta~n promiswry nw~ of even d~te M~swith, of which th~ fdlowie~p in
wwds u~d fiyvres i~ • ~rw copy, ro-w,:: ~ 10019553
10,200•00
. F,,, P,.~.. F~«~d+. Msrcb 14 ~9y3_
~ For vatw received, 1, we w eitF~ of us, promiie to pay, without def~ication, to ths ordu of FIRST FEOERAI SAVINGS ANp IpAN ASSOCIATION OF
~ FORT PIERGE at Fat Pierce, Florids, the sum of = 10~2~~~ with interest from date at ths nte of ~.7~ pe? ~nnum, in moothiy irat~ll-
ments ~s follows: f~~~ on ths ~h day of ~v 19~~ ae~d a ii4e sum on ths correspaxiinp day of eatfi month t}~~-
afte~ vntil the whole bs fully psid, .
~ Esch installment first shall be applied in payme~t of the interesl end then on the ~npaid balance of the printipal sum. If defauh is made in tM
\ payment of any i~stallment whe~ due, and :uch default continues ~0 days, the~ a1 the oplion of the holder, and without any other notice, ~fl the remaiei~g
~ ~nstallments shall be due a~d payable at once. Privilege 1s give~ !o prepaY fhb note in whole or ie~ p~rf at ~ny Yune withoul p~n~ly. Neither faebsarurce.
~ror acceptance by the ta~der ftxreof after s~y default i~ any payments hereon, shal{ be deemed extension. A Isle psyment ch~rye of s 4~85 iFull be
~ added to each iostallment remaininp uopa~d 7 days afrer in dw d~~e, and a like sum shall be added to e~ch such installmenl remsininp unpaid 7 dsys after
~ each t~cceedi~g psYment date.
~ Each msker, surcty and enJorser he~eof, janlly and sevenlly, waives demand, prescntmeot protest and notice of protest for ~wnp~yment, and furthar
agreei to ~ny extension of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of tolleclion, includinp a
reasonable attw~ey's fee in the event of ~ny dehuh herwrxltr, and htreby severaNy waives all benefit of homestead and exempYwn unda the comtitulion
~ and laws of each State of the United Ststes, as against this obligation w ~~y extension w re~ew~l hereof.
~ Witness the hsnd and seal of e+ch party.
~ • _ s/ garl w. Spieflel ~q
~ ts~?U
~ s/ D~roth~a S~ 9ni~ee~_, ~u
~ t~` 15 ~ 30 ) state Revenw - ~
W+r~p+wrWd.w.ori~iwiL~ori -
NOW, THEREFORE, the MORTGAGOR fq the purpose of seturiny p~yment of ssid sum of ~ 1O~'~'~~~ ~ and.ths p~rfwrrwrxe pf th~
~ covensnri and aQrsements he?einafter.exptessed, and fa divcri good and wtwble conside~ations, by tl~sse p?esents, does grant, barqain, sell, remise,
release, tonvey ~~d confirm unto the MORTGAGEE, its sutceswri ~nd assigns, all. that certain bt, piep or pucel of I~nd, ~ituat~, (ying, and bsinp in tM
~ Couoty o# St• L{tiC~@ and Stats of Fbrida, described as foltows:
Lots 50, 51 and 52, Block 22~ I.AWNWOOD ADDITION,
as per plat thereof on file in Plat Book 2, Page 16,
of tbe P~blic Racords of St. Lucie Co~ty, Florida?
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togerher w;th ~II and singular the tenements, hcreditsmen» and sppurtances thereu~ro belonginy or in ~nywise ~ppertainirg thereto, ~nd all rents, is~ws,
proceeds aod profiri ~cu~iny and to accrus from ssid premises, all of wfiKh are included in the abov~ ai+d foreyoiny descriptan and h~bend~xn.
TO HAVE AND TO ~the ~bove desnibed ~nd qr~nted pranises unto the said MpRTGAGEE, its wooes*ors aid asslpns fo?ewr. Md th~ sakl
MORTGAGOR fw ~e heirs, execvton, ~dministnton ~nd auiqra, hereby covsn~n» with th~ said MORTGAGEE, its wouston and ~ssipia,
, rhaf th@Y lawfulty seized of the said qemi~as in fee simple; that the same u~ free, ckar and disch~r~ed hom all lism aed ~
b.a~xes in law w in equity, and thsf th@V will and hein shsll wsrrsnt aod defsnd tl» title to th~ su~N to tM wid
MORTGAGEE, iri successors and assigns, fwever ~yainst the lawful cl~ims ~nd demands of all penaq;
PROVIDE~, ALWAYS that if the MORTGAGOR sl+~Il psy unto the MORTGAGEE ths promisswy rate Fereinbefon deavibed ~nd sMll truly, promptly
and fully perfwm, discMrye, execvfl, tompl~te, comply with end abide by eacF~ and every the stipulataro, syreemenri, caxlitaM and ooven~nb of said
promissory note ~nd of tha Mortgage, then this Mwtgage ~nd ths Estate hereby ve~ted ~II u~s~ and b~ null and void.
IT IS UNDERSTOOD thst the word "Mortgayior" whether in ti+e singular or plwal ~nywhere in this Morl~sye, shall bs sinyular if on~ onfy and
sh~l~ be plural (ointly and severatly if more than one, and fhaf the word "thei?" as used
anywhers In this Nlortpape siwll bs taken ro me~n "his," °h~rs; •
w"iri;' where~ the tontext w implies or admin. Also, that wherever ~here is a referenee in th~ covensn» and ~preerne~ts harein eontain~d to uiy of
the parties hereto, the same shsll be oonstrved to mean ~s well as the he'us, ky~l r~esentative~, sucteswn and +~ssipn~ (either voluntary by ac? of tF~e
parfies or imolumary by ope.i~ion of ths bw) of the same snd that ~he covenann henin coms'a+ed ~hall Mnd and ih. b.nefin and advntaqas Inw~
to the respectiw hein. Ipal represe~tstiv~s, suaesiws and au~yra oi the panies F~treto.
And said Mortgsgors, for the~mselves and their Ixin, legal r~prese~tatives. suaessas snd auipra, hereby jointly and sev~rdly covenaot s~d ~yr~e
ro snd with the wid MORiGAGEf, iq sucuuws a»d auigro:
7o p~y ill ~nd s'ugula? the princip~l and interest u~d tF~e varaus and wndry wms of mo~ey p~Yable by virtw of s~id promiswry note. ~nd H+it
mat~a+y~. ~ath ~nd evtry. PromPtly on t!» days respect'nety the ssme sewrally become due. -
Z. To pay ~II and sirgula~ tM taxa, assesunents. Ievies. 1labiliY~es, oblgaYana ~nd encwnbr~nces of svery n~fw~ and kind now on s~id deteribed
properry, or Hw~ h~reaR~a may be imposs~ auffeaed, pbced. Iwied. or ~~sessed thereo~, a th~t hereafier msy bt levisd a as~awd upon this Mw~¢
+ye, a tM ied~btsdn~ss secured her~by. ~sd+ ~nd ew~Y, wF~en dw and psyabM, aaad'ug ro ~aw, befa~ they becom~ d~linqwnt, u~d b~fore any imaa~
attaches w arryr penalty is inturred; ANO INSOFAR AS ANY THEREOF IS OF RECORp THE SAME SHAII 8E PROMP1lY SATISf1E~ ANO OISCHARCsED OF
RECORD AND THE ORIGINAt OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RKEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSEp
OR CERTIfIED) SMAII 6E PLACEO IN TNE HANDS OF SAI~ MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tlk went tMt am H~et~of is not
paid, tat'sfitd ~nd discharyed sa:d MORTGAGEE may ~t ~ny time psy the ssme w~~y p~rt tl~eof withovt waivin~ a affectiep a~y option. li~n, pvity p
•iqht vnda~ or by virtw of thi: mortyspe ~nd fhe full amou~t of each ~nd every such psyrn~nf alull b~ imrKdiately dw and ps~abl~ ~nd shall btar intK~st
~~om tM dste thtr~of uetil paid ~t rats of nir,e pe. centum p~r ~nnwn and toyerher w~th wch int r 11 be secw~d by the I~en of th:s morpt
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