HomeMy WebLinkAbout0399 . . 2s~s 4 ,
THIS INDENTURE. M+d~ fl,• ~ 3Zd d~y of A~il , A.D. 19
73 ~envNn
'
Paul J. Cbesi~s and Dal~ Ch~ i~ , s •
of - $t. l.nci• . „ Cq~ty Fbrida, her~in~ftp d~sip~tb ,at th~ '•MpRTGAGO~ ~ed FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corpaat~on orp~niz~d and exiitiep urx)a ~M I~w~ d'tM UnH~d Statw Of MN~IC1 and Mvinp itf principal pl~a of ~
busirwss M th~ City of fat Pwrq. St. luci~ Couniy. Fbrid~. INf~IMIfN dlii~Mflfl p tM, "MORTGRqO~EEp."~
M/HEREAS tM MORTGAGOR h justly ~btd ~o the 1NORTGAGEE in ths sum of i~ =~L:~'~~ 9ood ~nd I~wful mor?sy of the United
Stst~s advane~d by th~ MORTGAGEE v~to the MORTGAGOR, aa evidanced by • cktain promiasory iat~ of even data herewith, of wh7ch the followinp In
wad~ ~nd fipurp b a 1rw copY. fo-wit:
s 25~~•~ ~ 30019678
' Fon Pi~.c~. Florw,, Ap;
iL 1 3? 1973
~ for valve received. 1, we w either of us, promise to pay, withov1 defsication, to the order of FIRST FEDERAI SAVIh'GS AND IOAN ASSOCIA110N OF
~ FORT PIERCE at Forf Pierce, flwida. the sum of s 'Z5~9~~~ w;th interest from dats at the rate of ___!_+L% per snnvm, in monthly install- ~
\ meNi as follows: = Z~ on th~ 10'tt1 ~?'~l1 73 '
~ day of y , 19 and a like sum oe the cwrespondirg d+y of esch month thsrr
' after vntil tF?e whole be fvlly p~id. ;
~ Each instaltment fi~st sh+H bs applied in payment of tha intere~t and ihen on the unpaid bilance of the princ~psl svm. If defauh is msde in the
payment of aoy i~stallment when due, and such defa~it contin~?es 3p days, 1hM at the optio~ of the holder, and without any other notice, all the remaining
i ~nspliments sMll be due and psyabie at once. Privilege is giveo to prep~y this note in whote or in psN at ~ny t~me withovt pen~lty. Nenher fasbearance.
nor acceptance by the holde~ thereof after sny defauit in a~y psymenb htreon, shall be deemed extension, A lste payment tharge of ~ 10~45 shsll be
x added to each inshllment remainirg unpaid 7 diys afta iis due date, and a like sum shsll be added to each such installment remaining ~npaid 7 days ~het
~ each succeeding payment date.'
' E~ch msker, surety and endorser hereof, jointty and teverafly, waives demand, p?esentme~t protest and notice of prote~t for rwnpayment, and funher
m n
\ agreea to sny extension of tima of payment, either before w afte~ maturiry, without not~ce to any of us; and to pay all costs of collection, includirg a
~ reasonable attwney i fee in the event of any defauit hcreunde~, and hereby severally waives all benefit of homestead and exemption under the conatiwtion
and lavw of exh State of the Unired States, as againsf thls obligalion w any extension a renewal hereof,
~ Witneu ti~s hond and x~! of esch party. ~ . `
~W
~ _ s/ Panl . Cheries ~U
~ ~
~ $38. $ D0?l~ Ch~ries
~ ( 8S 2 StaM Rsvenue ~u
~$aQIDL~~a?~IPI~.l1Df0~ 25 9~ ~
- NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of = ~ • and tlw performancs of tiw
coven~nts and aprecments hereinafter expreased, and fw divers good :nd valuable considerations. by these ptesents, does gra~t, bsrpain, sell, remise,
release, convey ~nd confirm uroo the MORTGAGEE, it; succeuors and sssigns, all thst certain bt, piece or parcel of lu~d, situate, lying, and being in the
Counry of St. Lueie ~ aod St~te of Florid+, desuibed as fdlows:
I,ot 1~ Block 45, INDIAN RIVER _BSTA7ES, UNIT 7~ as pez plat tbereof on file
~
F
in Plat Hook 10~ page 75~ of the publfc records of St. I,ncie CbunLy~ Florida
~
~ _ ~ flR l..O MPC?~ ~
w Y ~"".w
~ ,~t~ ` ~ ! s~=~~ INPA`fMEM~~~c
ae~r» ~ 3 8. 8 5 t i~~ie~ e~s~""~ iyii~~ ~
I TO CW~TER 71-1~• ~S ~ _
~ s !HO ~ PURS1W11 ~ER pplTRl~~
• CIERK CI~U11 COU~T. St. t~C~E ^A.. ~
together with •11 a~d singular the tenemenb, he~editaments snd ippvrtances thereunto belonginy p in anywise appertsinirg therefo, and ~11 renri, issues,
proceeds snd profin scuuing snd to scvue from said premises, all of wli~ ue induded in the ~bove ~nd fwegoirg de~criptrot~ ~nd habeodum.
TO HAVE AND TO l~ the sbove de:cribed and grsnted premises uMO ths s~id N1pRTGAGEE, in waessors and usiyns foreva. Md tl» s~id
MORTGAGOR for th@~= hein, executon, adminutraton and asi~gns, Fxreby covenanb with the said AAORTGAGEE, its wocessors and asdp~a,
rhat --~~v ar~ lawfully seized of the said premises in fee iimpfe; that ths ssme sra frse, cfear and diuMrged from al! lie+a and Mcunr
brarxes in law or in equity, and thst *hQy wiit and ~QiZ fKin ahal! wanant u~d deferw! the titk to the same to tM s~id
MORTGAGEE, ib succeuws and auigro, fwever ag~inst the lawful cla'uro and demands of sll perwns;
PROVIDED, ALWAYS that if the MORTGAGOR ih~ll psy ~nro the MORTGAGEE the promiuwy nofe hereinbefwe described and shall nuly, promptly
and fully perform, discharge, execute, complete, compfy with and abide by each and every ths stipularions, agreemenb, tond'nions and toyen~nts pf said
promiuory note snd of this Mortgaye, then this Matgage snd the Estate he~eby ae~ted sh~ll ceue snd be null u~d wid. ~
IT IS UNDERSTOOp tMt the word "Mwtg~gor' whethe? in the singular or plural ~nywhere in this Mortgage, iMtl be sinpul~~ if one only and
shall be plural jointly and severdly if more th~n one. ~nd that the word "their" ss used ~nywhere in this N1wt9~ge shall be taken to msae •'his,•• ••hers;• 'f
or "iri:' whereve~ fhs comext so ~mplies w admits. Alw, that wherever there is ~ reference in the cove~ants and preemenq hereie cont~ined to any of
the parties hereto, the ~sme sh~ll be caurrued to me~n as well as the hein, kgal representstives, waeasws and auigro (either volunqry by act of tM
parties w invotumary by operation of the law) of tF~e same snd tiwt ~he covensnn I+eseln coni,ined shs11 bind and rhe benefin and .dvamayes inur•
ro the respective hein, lepal ~epresentatives, sutcesson and eu~yns of the p~nies hereto.
Md said Mortgspws, for themselves snd thei~ hein, legsl representatives, successors ~e~d aaigns, hereby joiMly and severally covenant and apree
to snd with the said MORTGAGEE, ih wccessois and auigns;
t. To pay all snd sirqvlu the principal a~d inte~est and the var;ous and wndry sums of morxY paYsble by virtw of s~id promiuory ~ote, ~nd tFu~ ' t
mwtya~e, each and every, promptly on the days respectively the same severally become due. ,
2. To pay all ~nd ~inpul~r tF~e tsxes, assessmen», lev'~es. lisbilities, oblipations ~nd encvmbnixes of every nature and kind now on said described
propKty, a that hereaft~? may be imposed. suffered, plsted, levied, w asseued thereon, or that herealte? may bs Iwied p assesxd ~ipp~ N~is
aye w the indebtedness secvred hereby exh snd every, when due and p+y~bk, aaording to law, befor~ they bccorn~ delinquent, and before ~mr IM~erarot
•tt~ci~es w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPILY SATISf1ED AND DISCHARGED OF
RECORp AND THE ORIGlNAL OFFIt1Al OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAtIY ENOORSED ~
OR CERTIFIED) SHALL BE PIACED IN THE HANDS. OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tlx event thst ~ny tbenof h no1 ~
paid, saYsPud and diuhar9ed sa:d MORTGAGEE may st any time p~y the same a a~y pan thereof witiw~f waiviny w affettinQ any option, lien, equity p ~
•pht under w by virtue of this mort9a9e snd the full amount of each and every such psyment shall be immediately d~e and payabk •nd shall bear interat
~rom tl~e date the~eof until paid at nte of nine per centum per annum and to~ether with such interest shaH O R u~
b~the lien of th~ytpe.
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