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HomeMy WebLinkAbout2755 2ssQOS ~ THIS INDENTURE. M~ th~ 31 st ,~,r _ May A.D. 19~3.. b~twMn Rav lC~sler and Ila K~:l~r~ t~is aite ~ of St. j.YC~! • ~ Cpy~ty florida. iwr~in~ha dts(pnaNd as Nw "MORTGAGOR,° and FlRST ffQERAL SAVINGS AND IOAN ASSOCb1T10N Of FORT VIERCE. • aorPo?~tan orp~niud ~nd ~xatinp undM th~ laws of th~ Unitd S~~~a of An»riu ~nd Iwvinp Ns {xi~cipal pl~c~ of bu~u In tM City of fat Piaa, St. LucM County. fbrWi. i~utinaha d~sipn~qd p th~ `MORT(3AGEE." WHEREAS th~ MORTGAGOR b tl ind~bad a th~ MORTGAGEE in th~ sum of ~~S ~ 0~~ ~ ivs Y . yoot! a++d lawfu) n+awy oi tFw United Stata advanced by the MORiGAGfE unto th~ MORTGAGOR, ~i ~vider+ted by ~ tKt~in promiuory ~ot~ of evsn d~t~ Mnwith, of which 1M foliowinp U+ ~ wordt u~d fipur~s b a trw copY. to-wit: ~ = 25~000.00 r,~,_ 10019929 Wrt Pi~p. Flo~ida. ~S/ 31 19Z~.._ ~ fa value rsceived, 1, w~ a eitMr of ~s, pro~n;ss fo pay, withovt defalcafion, to ths order of fIRST FEDERAL SAVINGS AND IQAN ASSOCIATION OF ~ FOR~ PIERCE at Fat Pierct, Fbrida, tht tum of ~ 2 S~~~ with i~terest from d~t~ at th~ rate of 8• ~ Xe per annum, i~ moMhly inst~ll- mentt a~ followt: ~ZiO•~ on ths i~bday of `July 19 73 and • lilu sum on tFa correspor~ll~rp day of each month ther~- after ~ntil the whol~ be fully paid. . ~ Each installmer~t fint shall bs applied in paymeM of tM inte~ett u+d the~ on the unpaid bafance oi the princ~pal wm. If defauh b madt in tht N payment of ~ny intqllment when dve, and uxh defwh tonfinues 30 days, then ~t the optiw~ of ths ho~der, snd without any otha~ notice, ~II the remaininy ° installments iMll be due and paysbk st axe. P~ivileqe is 9iveo to prepaY this ~wte in whal~ w i~ p~rt at ~ny time witFaut penslty. Ntither faebea~snce, ~ ~ nor scceptanoe by the holder thKeof aNer any default i~ anY paYments hereon, shall be deemed eztenaan. A iste p~yment charge of ~s,~ sMafl be ~ added to eath installment remaininp unpaid 7 daya afts~ ib dw dats, and • liks wm shall be addad to esch svch installment rsmaininp u~id 7 days ahK each svtceedirg payment dste. ~ Exh m~ke~, wrety snd endorser hereof, jointly ~nd severally, waives demand, presentmeot protest and noiice of p~otcst for rwopayment. ~nd furiher agress to any extension of time of paymeot, either before w aher matwity, without notice to sny of ~s; snd to pay alt costs of collection, includ]np • ~ reasonable sttorney's fe~ in fhe ~vent of any defauh hareunder, and Mreby severally waivp alt benefit of homeste+d sr+d excmption under the cautitution . and Isws of each Stats of ths United St~tts, as apairut this obligation or ~ny extensan w renewsl hereof. ~ Witness ths hand atd seal of each patty. ~Sf Ri?v Ke a1Qr ~q ~ (s~wU c .S~ I18, KY:l@= (SEW 1 r ~7 • SO ) Stat~ Revenw (*sr's sr~~10d ~os s+y~wl'iww) NOW, THEREFORE, 1M MORTGAGOR for the ptnpwt of secvriny payment of s~id sum of = ZS ~~0 ~nd tM perfamurce of th~ covensnb snd apreemsnti hereinafter expressed. u~d fw ~vers good and valwb[e ca~sider~tioro, by' thsss presenq, does -g~~nt, bar~ain, seN, remise, release. co~wy and confirm unto the INORIGAGEE, ib wccessors snd sssigns, all thst cen~in bt, pi~c~ or parc~l of l~nd, situst~. IYirg, a+d bainp In tF» Carrtry of St. LLiCl@ and Stah of flwida, dacribed a follaws: The Soutb 10 feet of Lot 4 and all of Lots 5 and 6 and the Bast 5 feet of vacated alley adjacent on the West~ Block 4~ LINOOLI~1 PARK N0. l~ ss pes plat thereot' on file in Plat Book 2, payeSC~ of the Public Records of St. Lucie CouAty, Florida~ A~- _ . ~ oR ~ so MQfl~X.~:- " oo AME~«~~'' O 1 a~~ . o~ ¢ o~t. f'~~ . - 3 ~ 5 ~ ~N ~y ac;- a"~ r ~'~1'a~s ~ ~ ~ 1B~ P E~ 0~ 1yf f 1l/ M rfC ~ ~ ~ - . ~ ~ ~ ti~~o! . . . . . . . . p1E a1 ~ ~EQ 1 ~0~~ E rA AA' d , . . ~ ~ a~ togeth~r with sll and sinqular ths tenert~en», hereditsmems and appvrtances tMrevrno bdorgug or in ~nywist appsrtai++irp tlkrefo. ~nd iU r~nb, issws„ ~ procseds and profifs acwirg and to xuw from said premises, all of whicfi sr~ induded in tFr ~bov~ and for~poirg dacripYan ~nd h~bendum. , TO HAYE AND TO HOtD the ~bov~ described and srsnted premis~s unto th~ ssid AI1pRTGAGEE, its suoaswrs and astip~u forewr. Md th~ a~W , MORTGAGOR fw tbeir ~~n, ~xecuton, ~dministnton and ~uigns, hereby oovsnanta with tl» said MORiGAGEE, i» waesson and ~ssipns, rhat tb@Y a!@ lawfully seized of the s+id prsmises in fee simple; that th~ urm u~ frM, cl~ar snd dischu~ed han a(1 ti~ro and ~ brances in law or in equity, and tMt tb@y will u~d t~iZ heirs ahal( wurant and defe~d t1M titl~ b th~ ssm~ to th~ qW MORiC,AGEE, in successors ~d assigro, forever a~ainst the lawfvl cl~ims ind dem~nds of all penwqj PROVIDfD, ALWAYS that if th~ MORTGAGOR shall pay unto the MORTGAGEE the promissay not~ hereinbefon d~wib~d and sha11 trvly, prompfly and folly perform, discharge, execute, complete, comply with snd abids by each ~nd ev~ry the atipulatioro, apreem~nn, wodiriwa and coveoany of u;d promissory note ~nd of this N{ony~ye, tl+en this Mwtysp~ and tht Estate ha?~by aeated ahall o~a~ and be rwll uid void. tT IS UNDfRST00~ that ihe word "IMortQapw" whNher in the sinpular o? plwal ~nywhar~ i~ this Mwty~pe, sh~ll b~ sinpulai H a» only ~nd shatl be plural iointly and swsrdly if mor~ th~n one, and thst the word "their" ss wed anywhen in this Mort~sp~ ~11 b~ t+ken to mean "ha;• "Mrs;• or 'its," wherwer the coMSxt w imp(ies or admifs. Also, tMt wlwrever there ts ~ r~ferenu in tht coven+nts and aprwmenb her~in aoMair»d to an~r of ~ the parties her~to, th~ sam~ ah~ll b~ cw~strued to me~n as well as the h~in, leyal npesentatives, successors and ~ssipro (eitMr volvntary by act of tht ~ pahiq or Involuntary by opKation of the law) of the sarne and that the coven~nts hsrein oom~irnd shall bind snd th~ benefits ~d dv~ntapes irwr~ ~o the respectiwe Min. Is~d represeretativq, succes~o~s and ass?ym of the parties henta ~ Md ~aid MwtQpws fa themselvn and the'v heirs, leyal r~presentativa, s~x.uswn and ~ssipro. M~eby jointly and s~wrally oovMant u+d ~pr~e ~ to and with tIN s~id MORTGAGEE, in sucte»ps and augrq: ~ 1. To p~y all ~nd sirgvl~r tM pri~cipal and int~rsst and th~ wriovs and sundry wms of money paY~ by virtw of s~id mw?p+0~, sad~ ~nd twrY. W~Ptly ort th~ days rapcctiv~ly tht same ~ev~raly b~cane dw. PfO^~'~1' no~~, and NAs 2. To pay all u~d sk~p~l~r th~ taxa, assesan~nb. Iwies, liabiliti~s, obliyations and Mcumbr~nc~s d wery narw~ and kind now, on ~aid dtxrib~d ~ propaty, a that haeaftN may b~ impa~d, wfferd, plac~d. Iwiwd, a awawd tl~~on, OI tFNf IIMNfiM may M(evNd a a~NSwd upon t!~ Mortg~ : ` +y~, a tM indeMdn~w ucur~d he~eby, Nch a+d ~vay, wMn dw ~nd payable, xcord;np to I~w, b~fa~ Nw~r beconw d~linqw% u~d befu~ ~r Imerat °ro ' att+cMs w any p~n~tty is intwred; AND INSQfAR AS ANY iHEREOf IS OF RKORO THE SAME SHAII 6E VROMPTLY SAT15fIED AND DISCHARGEp QF p~ p RKORO AND THf ORIGINAI OFfIC1Al OOCUMENT (SUCH I15, fOR IN5IANCE, iHE T/UC RfCEtPT OR THE SAi1SFACTION PMER OFf1C1AtLY ENDORSE~ OR CER11FlED) SNAU BE PtACE~ IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN CAYS NEXT AFTER PAYMENT; and in th~ tveM th~t ~ny, tM~~of is ~wl ; paid, ur~fied and discharq~d sa:d MORTGAGEE enay at any t~ pay the saeer a ~ny p~rt tl~eof without w~ivi.g a~f(sctinp any option, lan, poity or •roht unde~ w by virtw o/ this monpps ~nd rh~ full arravnt of sach and wery sucl~ p~ym~m shall b~ irnnediatdy dw and p~yable u~d sh~ll bur inlaat ~.om rhe date ~her~of umil patd ~t r~?e of ncne pa untwn p~r a~wwm ~nd topNh~r w~tl~ wd~ imNeat ~11 be ~ecw~d by riw IiM d th:s rnory~pe. ~v~'+r~."a+Y ~ `.~;.-SS 'i ~ :2 ~ , I~ ~ ~ ~ A ~.f~ - . ~-~~-'~~-~z` ~ ~31.~._:_