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HomeMy WebLinkAbout0975 . 2sosss TNIS INDENTURE. M+d~ d,• ' 23Zd day of M~j,Ch . A.O. 19 '73 - bNwMn John R. JQSter s?n Alice M. JestQr h s w f ~ ~ of St . WCi@ Coynry Flaid~. Mr~in~fta dqi~t?~td ~i tM "MORTGAGOR." ~~d NRSi FfOERAL SAVINGS ANp LOAN ~?SSOCl/1TION OF FORT PIERCE, • oorpaition orp~ni:~d ~nd ~xiitina u~ tM bws of th~ Ifnit~d Staty of Am~riu u~d h~vinp ib principal pla~~ of bu~ta i~ tM Ciry ot FoA Pi~ra~. St. luci~ Ca+ety. FIOt{~. I1Hf1MNN ~IQMt~ q tM "MORT(iAGEE." . WHEREAS 1M MORTGAGOR is iustly indtbqd w tM MORTGAGEE in th~ sum of 8~ O~O. DO yoo11 ~nd I~wful money of ths Un;ted S~ata ~dvancsd by tM MORiGAGFf v~to tM MORTGAGOR, u evidenced by a certa~e promissory not~ of ~wn dan herswith, of which tM iollowinp ie words u~d figwet b a t~w topy. to~wit: ~ 18 ~ OQO. 00 1 ~Q19622_ Fort PiKC~, ftwWa, rch 23 ~q 7,~ Fw wlw ~eceived, 1, we w eithar of vs, promiss to p~y, without defalcation, to the order of FlRST FEOERAL SAYINGS AND LOAN ASSOCIA110N CE ~ fORT PIERCE it Fwt Pierce, Fbrid~, the s~m of S 18 ~ ~~0. OO with.interett from date at the r~te of Z~Z~9fs per ~hnwn, fo nanfh.~y irutalP ~ me~ts as follows: ~ 14$ vn the 10tt1day of ~y 19 73 ~nd a like sum on the correspondiny day of exh month the?e- ~ after until the whote b~ fully paid. ~ E~ch installment fint shsll be applied in payment of ths interest and then on the vnpaid bs(~nce of the princ~pal wm. If dehult is msds in the payment of ~ny instaltment when due, and svch defwlf ca?t;nues 30 days, then at fhe opYron of the holder, snd without any other noYece, all the remainirg installments shall be due and payable at o~ce. Privilege is ~iven to prepaY this note in whole or in parf at any time without penalry. Neithe? forebear~nte. v nor acceptsnce by the holde? thereof after any default in any paymeros heret>~, siWll be deemed extension. A Isre payme~t charye of = 7• 40..., sh~l! be ; addcd to each instatlment remaining u~psid 7 days after ib due date, and a like sum shall be added to exh i~ch installment remainin9 unpaid 7 days ~het ~ each succeedin9 payment date. ~ Each mske?, sumry a~d endoru? hereof, jointly and tevenlly, waives demand, presentment protest and notice of protest for nonpayment, and fvrther agrees ro any extensiw~ of time of payment, either before w after maturity, wirhout notice to arty of us; and to psy all costs of collectan, includlnp a i~ reasonable attorney's fee in tha event of any default hereunder, and hereby severally waives alt beeefit of homestead and exemption under the constitutan and laws of eacF? State of the United States, as ayainst this obligatio~ w ~ny extension or rcnew~t hereof. , Witness tha hand and seal of cach party. ~ S/ John F. Jester ~y ~ (S~?U ~ 5/ Alice M.- Jester ~u v . ' ~ ,527.00 ) stsre Reven~e (~?U (il+s~t~~ ~ adpieW~esd MOW, tHEREFORE, the MORTGAGOR for the purpose of secu?ing paymeM of ssid sum of S 18t~~•0O s~d the perform~nce of tM cove~nts and ayreements hereinafter expresud, and for divers good and valuable co~sideratiw~s, by tF~es~ presents, does grant, bar9ain, sell, remise, retease, co~vey and confirm unto the 1NORTGAGfE, ib succcssors and assigns, s0 that cerhin bt, pieu or parcel of land, ~itwte, lying, and being in the ~W~~y ~ SL . U1C 1@ snd State of fbrida, described u followa: Lot 1, Block 3, REPLAT OF SUNSET PARK SUBDIVISION, as pex plat thereof on file in Plat Book 11, page 28, of the Public Records of St. Lucie County, Florida, _ . ~ ~ ~ DOCUMEN ARY ~oR~oA ~s ~ oFrT os . rA M P T~ X~ w ~.i. ~'~"~2~ : s~ ~p ~ o IN PAYMElR OF Ti~s • o ~ ~not 0 RF~EIVED ~ , IBIE fERS~ONA~ P~OPE'~tir, - ~ ~E ~ ~g It~SAt`lG ~1S OF 1J71. TO CHAP~ER 11-134. ~~T R06ER POtTRAS Sj. WCIf COz fIJ1~ ~ q~ec crncutt oouR~aO~~ i ~ rogether with all and iingubr the tenemants, heredihmenb aod ~ppurt+oces thereunto 6e(agirg w in snywise appertaininp thereto, and aU renri. Issws. i proceeds and profib xavirg and to acwe from said premise:, sll of whicf~ ue induded in,the a6ove and fore~oing dexriptan ~nd habendwn. ' IO HAVE AND TO HOID rhe +bove described and yranted premisea umo the ~aid MORTGAGEE, its waeswn snd ~sigro forewr. Md t!w aaM ~ MpRTCaAGOR for -~e~= hein, executon, sdministraton ~nd auigns, he~eby coveiunts with the said MORTGAGEE. ib waesson ~nd assiyn, rhat thev_arp ~~N,{utly seized of the said premises iri fee s+mple; that tM ssme ue fres, clear snd dsch~rped from ~II liens and sntum- bro~ces in law or in equity, and thst the v ~II i~ t t1Q 11 hein ~hall wansnt ~nd defend the title to tM s~me to t~s wid MORTGAGEE, iti iuccessors ~nd euigns, fwever agei~st the larvfu! claims and demands of aU pasor»; PROVtDED, AtWAYS that if the MORTGAGOR sh~ll pay unto the AhORTGAGEE the promisrwy note hereinbefore desuibed snd sh~ll truly, prw~ptly a~d fully perfwm, disch~rge, execute, tomplete, camply with and sbide by esch snd every the stipulations, syreements, condiYqrq and oovenanb of ssid promiuory note and of this Mortgsge, t1?en this Mortg~ge snd the ~t~te hneby ucvted ahall cease and bs null ud void. IT IS UNDERSTOOD th~t the word "AAortyagor' whetl~er 7n ths singula p plwal anywhers in this Mort9s~e, shsll be sinpulp if on~ only and ihall be plural jointly ~nd sevewlly if more thsn one, and that the wad "their" as used u+ywhere i~ this Mw~ya~e sMll be taken to me~n "his;' "hen;' or "in;' whe~ever the context w imptid w admits. Also, tMt wherever thete is s refe?ence in th~ covenaori and ap~eemen» herein contsined to u~y of rhe paniea herefo, the ssme shsll be construed to mean ~s well as the hein, kyal rspresentativea, sua~uws and auipns (either voluntary by ~ct of th~ parties or involvntary by opewtion of the law) of the same u~d that the covensnts her~in contained sh~ll bind and the benefits and advantayes iewt to the reipectiw hein, byal represenfativer, successwa and asi~yns of tF~e parries hereto. ~ Md aid Mwtqapw~, iw themselves and tFroir hein, leysl representatives, successon and ~uipro, hereby joinHy and ~sverally cov~n~nt and ~pree ; to and with the said MORTGAGEE, its s~ccessw~ a~d aui~ro: j 1. To p~y ~II and sin~ulsr th~ princip~l u~d interest and the wrian and wr?dry sums of money paYsble by virtue oi said promisswy note. ~nd M+~ ` morty~e. ~ach ~~d every, promptly o~ tht days reipettively the same sev~rally becpm due. I 2 To pay sN and ~r+pvlaa tM taxa, as~essments, leviq. liabilities, obli~tio~s and encwnbr~nus of every natw~ ~nd kind naw on s~id dacribed f property, w that hereah~r may be imposed, wffared, placed, kvied, or asseswd thereon, a thst hereafi~? m~y 6~ levi~d a~sesud ~rpon tFis Morq- I ye, or tM ind~btadn~ss secured hsreby. ~ach and ~very, wMn due u~A p~yable, aaadinp to law, befort th~y bec~e~e delinqw~t, and b~fon ~rry lmuat attathes o~ a~y p~nalfy u intwred; AND INSOFIUt AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTIY SATISfIEO ANO DISCHARGED OF RECORD AND THE ORIGfNAI OfFIC1Al OOCWIAEN7 (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE S/lTISfACTIQM PMfR OffIC1ALlY ENDORSEO QR CER7lFIED? SHA1L SE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tl~ ~vent that My tfwreof i~ nw paid, sat'ifi~d ~nd discharyed sa:d MORTGAGEE rrwy af any time p~y tM same w any pah thKeof witho~t w~ivirg or sff~ctinp ~ny option, tien, puiry a ??qht ~ndM w by virtue oi this mortyaye and the full amounr of eath and ~very such payment ahall b~ immedia~~ly dw and pay~bb a~+d shall b~ar intN~st ~•o.n the date ther~of v~til paid a~ r~te of nin~ pe~ ce~rum per annum a~d top~~h~. ~ ma~st ~Iwll be secwed by the IiM of th:s nwr~tp~. EG~~~:.1~ P~Cf 9 (5