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HomeMy WebLinkAbout2338 253633 ~ THIS INDENTURE. Ma~ t4u 2~~ d~y of ~ /l,p, 1q^,1{. b~tw~sn Robsrt A. Butt~srMO 81t1a• ButtsrYOrt~h~ bie ~rife. of Ll1L•~ Cp~nty Flwida. IN?fiMf1M dqipn+tad ~s th~ "MORT~3AGOR;' ~nd FIRST fEDERAI SAVINGS ANO IOAN I?SSOCU?ION OF FORT PIERCE. • oorpaatan ory~ized and ~xliti~p w?dN ~h~ laws of th~ U~M~d Stat~i of M+~~ica ~nd Mvir?p its printipal platt of buw~ss h tM City of foA Piwu. St. luci~ Covnty. Flafd~, Mrtinahe? dKipnat~d ~s rM '7NOR'I•GAGEE.•• WHEREAS tM MORTGAGOR i~ jvttiy indtbtd ro the MORIGAGEE ie th~ swn of ~~~p~~~ 9ood ~r+d lawful ma+ey of the Un~ted States advanced by ths MORTGAGEE unto tM MORTGAGOR, as evidenced by a ce~tain promiuory note of even date herewith, of whrch the followirg in wwds and fipures is ~ trw topY. to-wit: ~ : 12,~00.00 N,_ 10~9T50 ~U Fort Pierc~ florida, d~~ 24L 19~ ~ Fa value ~eceived, 1, ws w ei1}»r of us, promise t1o- pay, without defalcation, to ths order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at Forf Pieres, Floiida, the sum of =~~.u~•~ with interest trom date st the r~te of 7• per snnum, in monthly install- ~ ments as follows: Sl~ on the ~~~+~d+y of ~n~ - 19~L a~d a like sum a? the cure~ponding day of esch month therr after ~ntil the whole be fully p~id. Each installment f"uit shall bs applied in p~yment of ths interest and then o~ the unpaid batance of the principsl wm. If defsuh is msde in 1M ~ payment of a~y instalimei?t when due, and such default continues 30 days, the~ at the aption of the holde~, u~d without any other notite, sll the remsining ~ ~nstallmems shall be due and payable at once. Privileye is givee~ to p~epay this note in whole or in part af sny time without penalty. Neither fwebears»os, ~or aaepfance by the holde? thereof after a~y defautt in any paymcnh hereon, shall be deemed exteruion. A late paymeM thargs of •10 thall be added to each installment remaining unpaid 7 dsys after ib du~ date, aod s like svm shall be added ro each such installment remaining unpaid 7 dsys aher ~ each wcceeding paYment date. ~ ` Each make~, surety and endwser he~eof, joinNy and severslfy, wsives demand, p?esentment protest ard raeice of protest for nonpayment, and further y~ agrees to any extension of time of payment, eitF+er before or after mat~rity, without notice to any of us; and to pay all costs of collection, includ~ng e ^ reasonabk attorney's fee in the event oF a~y defa~lt hereu~der, ~e~d hereby severally waives all benefit of homestead and ezemption u~nder the cautitution ~ and laws of each State of the United States, as against this obligatia~ w any extension or renew~l hereof. ~ Witness the hand and ual of each party. ~ (SE~U ~ ~ cs~?u ~ ,J~ ( ~18~~ ) State Revenvs , ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing p~yment of said s~m of; ~~11~~~ and the performancs of the coven~nri and agraert~enb fiereinafter expreued. and fa diven gaod and wlvable cauideratia~s, by theu presents, does grant, barysin, sell, remise, rel~ase, coovey and confirm unto the MORiGAGEE, in sutceuor: and auigns, all thst certain bt, piece or parte) of land, sitvate, lying, snd being in the ~a+~h ~ St'• ~C~ and Stat~ of florida, dexribed a~ fdbws: Iat 21, B1ock 3, IltDIAI~i AILLS ffiTATSS, as per plat th~reof on file 3n Plat Book 10, Page 32, Pnblic Aacords of St. Iucie CamntT, Florida, ~ E oF FLOR~DA~ ~O~LM NT P z a x 1 Q~ UEPT- OF RE~f1~ _ - ~ ~ eZ • P~ ?N PAYMEM ~ jll~ ~ y = *e. _ ~uf -~'73 ' v. 6 0 ~ a0 ~ ~ Ir~r~r~le~ ~"~e. ^ o= t r ~oi - ` TO CW?p`1ER 71-13~. ACTS Of 1~~~c/ , pp6ER PORRA,~ - . CLERK CIRCUIT O~Rj~ St. LUCIE C0. ~ ~ ~ ; ~ together with all and sing~br the terxme++n, hereditaments snd sppurrsnces therninto belonging or in ~nywise appertaininp thereto, a~d ~II rentt, awes, ; Proceeds snd profin accruing ~nd to sccrue from iaid premises, all of wFiKh arr included in the above and fore9oiny description snd habe~dum. ; TO HAVE AND TQ }10~rthe sbove described and yranted premixs unto tF+e said MORTGAGEE, ib successws ~nd ~stiyns foreve~. Md fl» said ~ MOi~,T~A~ Ra~ WfB2 hein, executon, administratws and assigns, hereby covenants with the said MORTGAGEE, its s~aesson ~nd ~s~iyro, thstTZ~ I~wfult xized i the iaid y ~ premises in ffe sjmpte; tMt ths s~ms are irN, ckar ~nd discharyed fram all Ifens and ~nturtr brarxes in law a in equity, and ihs~ y witl and Ll181I' h~~n shall war~ant snd defend the tH{e ro tMe same to t1w s~id ~ MORiGAGEE, i» wccesson ~nd suigns, forever agairot the Iswful claims snd demands of sll persau; PROVIDED, ALWAYS tMt if tF~e MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefpre dewibed and sh~11 t~~ly, ptomptly and fulty perfwm, discharge, e:ecute, compkte, comply with snd abide by esch and every the stipuktiora, aprsements, conditioru and oov~nar?b of aaid promisso~y note and of this Mortgage, then this Mortgsge and the 6tate hereby veated shall cesse and be null and void. IT IS UNDERSTOOD tMt the wa~d "Mutysgor" wF?dher in the singular or pl~ral anywhere in this MortgsQe, shall be sinpular if one only ~nd shall be plur~l iointly ~nd ~ever~lly if more tMn one, ~nd that the word "their'• as used ~nywhere in this N1on~ape shsll be t~ken to mean "his," "bers," or "its:' wherever the conrext w implies o~ admiri. Also, that wherever there is a refKence in the tovensnn and spreert~ents herei~ oontained to ~ny of the parties hereto. the same shsll be construed to meu~ as well as the hein, leg~l represenqtives, s~xcesson and assigro (eitFnr voluntary by act of the ' parties or invol~ntary by opention , of the I~w) of the s~me and that the covenants herein contained shall bind ind tF~e benefits ~nd adv~ntapes irnne to the respective heirs, leyal representatives, suuesson and au~gru of the parties hereto. Md said Matgsgors, for tF~emsetvea s~?d their hein, kg~l represematives, wuesson and suiy~n, hereby jointly and averally covensnt and apne ; rn to snd with the said MORTGAGEE, its suueswn and auigns: I 1. To pay ~tl and sinp~lu the principal and interest and the variovs and svndry sums of money paYaWe by virtue of said promiuory not~, and fhb i mortps~e, ~ach and every, promptly on the days respectively the same sev~rally becom~ du~. i ' 2. To pay ~II and sinpulu the taxes. ~ssesunenb, levies. IiabiliY~es, oblgations and er~wnbrances of every Mwr~ and klod raw on said d~scrib~d e prop~rty, a that hK~~hN may be imPosed, suff~red, placed, fevied, a ~ssessed theno~. w that h~reaftN msy be levied a~s~aed upon tNt Nbrtp~ a~, a tM k~debtedness secvred hereby, ex~ and ~very, when due ud payablt, auwdirg ro law, b~fa~ they becwr~t ddinqwnt, and i»for~ ~~y intaat ~ ~nathss or aMr ptnatty is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORp THE SAME SHAII 6E PROMPiLY SATISFtEO ANO DISCHARGED OF ` RECORO AND it1E ORIGINAI OfFIGlAI DOCUMENi (SUCH AS, FOR INSTANCE, iHE TAX RKEIPT OR iHE SATISFAC710N PMER OFfIC1AlLY ENDORSEO ! OR CERTIFIED) SHALL 6E PLACED IN THE HAND$ OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in tla eveM tMt any tFw~of is no1 ~ paid, saf'ified and discharged sa:d MORTGAGEE may ~t any t~me pay the iame a any pan nc~reof withovt w~+vinQ w+Hect'ap iny option. Ii~n, ~quity or ~ •jpht under o+ by rirtw oi tha mortyaye a~d ~he iull amount of exh and every tucF~ paym~nf ~hall bt immediately dw ~nd p~yable ~nd shall b~ar inte~qt ~rom the date therwf unril p~~d at r~te of nine pe~ centum per ~nnwn ~nd toyether w~th s~ch If1~Hfft ~INII ~i~1fa 1' i c1Yil~~~rqtape. , ~ y r~'~" , ~ C w ~c1 V ; ' -.i _ . . .~K-~_ - ~~t . 'ca