HomeMy WebLinkAbout1827 rGa7~3~fV1 4
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1HI3 INDENTURE. M.d. th. ~ 25t h day of A • A.D. 19?
3 bNwHn
Albert J. Center and Peaav 'hi~ •w; fp
~MM.
of St. Lucie ~~~y Fbrida, hK~;naftK d~sfpnfit~d j~ tM "MOgT(iAGOR;' ~nd FIRST ~EDERAI LAVINGS Alyp I.OAN
ASSOCIATION OF FORT PIERCE, • oorpaation wpanis~d ~nd existinp undM tha lavr~ of tM Unit~d S?~~~s of Am~rka ~nd Mvh+p i1r princip~l plau of (
buiintts h th~ City of Port PiKU. St. luci~ Cou~ty. Florida. henin~ftK d~sipnat~d u th~ °MORT6AG~E.° '
WHEREAS tM MORTGAGOR is jwtly ind~bt~d b th~ 1NORTGAGEE i~ th~ sum of = 2x.~ Q~~ • ~O , qood ~nd I~~rful mon~y of tN United
Sutes advanced by tM MORTGAGEE unto tM MOR7GAGOR. ~s evid~ncad by a catain promisswy nw~ of aven dale herewith, of which fh~ lollowinp in
wwds and f' w~s is a trw copY, to-wit:
11000049
~ 28,0 .00 - April 25, ~ 1973
fwt Pi~rce. Flaida,
for value ~aceived, 1, we or eifher of us, promiss to p+y, without defalcation, to ths orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Forf Pierce, Flwids, the ivm of w;th interest from date at fM rafs of per aonum, in monthly install-
ments as followi: Z 207• on the l~th day of AuqUSt , ~q_ 7~ a like sum on the cwreipaid~np day of each month therr
after until the whote be fully p~id. i
Each installment first shall be applied in p~yment of ths interest and thcn on the unpaid balance of the printipal wm. If default h mad~ i~ tM
paymeM of sny installment when due, a~d such defavlt continues 30 days, then at the option of tF~e holdK, and witho~t any ofher notice, all ths remaininp ~
ins?allments shall be due and psyable st once. Privilege is given to prepay this not~ in whok or i~ p~rt af ~~y time withoW pen~hy. N~either fwebearsnt~, i
nor ~cceptance by the holder thereof after +ny default in any payments hereon, sMll be deemed extension. A Iate payment cMrye of ls
0-.35 ah~~l bs ~
added ro each i~stal~ment remaining ~npaid 7 days afier its due date. and • like sum shall be addcd to each such installmeM ~emsining u~»id 7 days after
each succeeding payrrxnt date.
Each maker, surety and endorser hereof, jaMly snd xverally, wsives demand, presentrtxnt protest and notice of protett fw rwnpsyment, ~nd furthar
agrees to sny extenian of time of payment, either before w after matvrity, without notice to sny of us; and to pay all costs of collectan, includiny •
reasonable attorney's fee in the event of sny default hereunder, s~d hereby severaNy waives all benefit of homestead and exemptio~ under the constitufion
and laws of each Sute of the United States, as against this obligation or sny extension or renewsl Fxreof. ~
Witness the hsnd snd ual of each party.
S/ Albert J. Center ~
cs~?U
eggy J. Center ~
(s~?U
~ $42. ~0 i State Revenue
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NOW, THEREFORE, the MORTGAGOR fw the purpose of secvrinp payment of ~id wm of = 28 a.~~ , and tM performance of tl»
covena~ts u~d apreementi herein~fter expreued, and fw diven good ~nd wlwbl~ cauidewtions, by thtse presenb, doea 9ra~t. barp~in, sell, remfae. t
releass, convey snd confirm ur.to the MORTGAGEE, in sutceuors and suiyns, all that tertain bt, pieu ot pucel of I~nd, sitvatt, lyiny, and beiny in tM f
County of $t. UC1@ , ~nd State of Florida, deuribed ~s follows: ~
t
L.ot 1, Block 62, UNIT ~6, LAKfiWOOD PARK, as per plat thereof on file in
Plat Book ll,page 7, of the Public Records of St: Lucie County,
Florida.
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MP~ A ~ ~
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i ' ~ o AM~N w~Z.QO-I
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~ ` ~CPI• ~.'iw •
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~ ^ - ~ IN PAYMEtIT OF TAXES
w ~ r,it02 ~ ~ ~ I~~GIBLE ~E' ~~L P!'OPfRiY~
P
_ pl{RSI1ANi TO I~PTER 71-134. AC1S OF t8/1. ~j~ ~
~ oOGER PaITRAS
~E CIRqJIi 00lW~ 5i WCIE 00. ~
together with all and singular tF~e tenemenb, hereditamenn snd +ppvrt~nces lfiereuMO belonginp or in ~nywise appertsininp fhereto. ~nd all nnts, iuws.
prxeeds and profin acvu~ng and to scuue from s~id prcmises, all of which sre i~xluded in the above and fwepoing description ~nd habendum.
TO HAVE AND TO F~OW the above dewibed +nd gr~nted premiaea ~nto the said MORTGAGEE, in sutcessors and assig~s forwa- /?^d tM s+~d
their
MORTGyGOR for F?eirs, cxecuton, administ?aton snd auigro, hereby tovensnb with the said MOR7GAGEE, its wcc~swn and assipro.
rhat they are ~awfulty seized of the said p?emises in fee simple; th~t tF~e s+me ae free, clear and discMrycd from ~II lism uid encw~
brances in law or in equity, and tha* thev W~~~ ,,,d their 1?ein shall warr~nt and defend the titb fo the s~mt ro th~ s+W
MORTGAGEE, in successors and euigns, fo~ever agairot the lawful daims and demands of +II pawro;
PROVI~E~, AlWAYS that if the MORTGAGOR ahsll pay unro the MORTGAGEE ths promiisory note hereinbefw~ destribed ~nd shall f?vly, prompfly -
~ and fully perfwm, diuharge, execute, tomplete, comply with and ~b~de by e+ch and every the stipuktioro. ~yre~emenb, tonditiotu ~nd oovtnanb of said
~ prom~ssory note ~nd of this Mwtgsge, then this Mwtg+ge and the Eitate hereby aeated shalt ce+s~ and b~ null ~nd void.
~ he
IT IS UNDERSTOOD iMt the word "Mwtgsgw" whether in fhe singular w plwal anywher~ in this 1Mortg+ye, sh+~~ b~ si~vlu if on~ only and
shall be plural jointly ~nd severally if rtwre than one, and that the wwd "their" ss used snywl+ere in this Mort9ay~ shdl be take~+ to m~~n "his,•• •'hen••
~ or "its;' wherever the tontext w implies w admits. Alw, that wherever there is a referente in ths toven~nq ~nd apreea~enb herein tontaimd to ~ny oi
the p~rties hereto, the ssme shsll be construed to mean ~s well ai the heirs, kyal npresentative~, s~ra~ssws and +ssi~~s (either volunurY bY +d of th~
parties or involunt~ry by opention of the Iaw) of ~he same +nd that the covensnn her~in cont~ined shall bind and ~h. benefi» end adv.m+~s k~w~
ro the respective heirs, lepal representatives, successors snd ~u~ro of the parties hereto.
And said Matysyora, fa ti+emselves and their hein. Iey+G r~presentativa, succeswn ~nd auiyns, hereby jointly and sevadly cov~nsnt and pr~e
ro and with th~ s~id MORTGAGEE, its succestws ~r~ ~ssigns:
1. To pay all and sinpular the princip~l ~nd interes~ and the vuious md svndry sums of mo~tY p+Y~bl~ bY vittw of taid promiswry not~, u~d this
,r,ortyape, each ~nd ~wry, promptly on fFr d~p respectiv~ly ths same ~ev~rally becan~ due.
2. To pay all a~d sinyvlar th~ t~aes, as~es~rtwnri. Iwi~s. IiabiliY~s, abliyatiau and ~na+mbances of twrlr ~+tw~ +nd kind now a^ s+~d daui~d
p~operty, w that her~aft~r may be imposed, wffe«d, placed. I~vied, a aa~twd therson, a tMt her~~h~r may b~ Iwi~d a~u~s~ad upon Nds Matp~
a9e, a tlie &id~bt~dneu ~ecwed Mr~by, ea~h and twry, wMn dw and payabl~, accord'ug ro law, b~fon they becam dtlinqwnt, ~nd befon aMr M?tKat
~tt~ches w any penalty is incurred: ANO INSOFAR AS ANY THfREOF IS Of RKORD THE SAME SHAII dE PROMPiIY SATISf1ED AND DISCHARGED Of
RECORD AND THE ORIGINAL OFfIC1Al OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAVER OFfIC1ALlY ENOORSED
OR CERTIFIEO) SHAII SE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1fTfR PAYMENT; ~nd in the event that any tMreof it nol ~
paid, sat"sfied and diuh~r9ed sa:d MORTGAGEE may at any time pay the sam~ a ~ny pan thtreof witho~t w~ivinq or ~fi~ctirg ~ny option, li~n, puiry a
•ipht unde~ w by virtue oi this mortysyt and the fvll ~mounf o( each ~nd every wch paymtnt ahall be i~wnediately dw "and pay~ble and ~11 b~ar intKt~t .
~rom the d~te thereof unNl paid at rne of n~~e per c~ntwn per ~rowm and toqethN w~th wch imer ~ R 11 b~ ~tcw~d by tM lien of th:s morytp~.
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