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Home My WebLink About0372 . , 25642'7 TH15 INDENTURE, Mad~ the ~th day of - t'~`~y A.D. 19 7~ betwccn ~~arry S. Pose and '-+~r jQ~ P. Rose his wife of St~ i_uri p Co~~ry florid~, hereinsfttr. deignated ~i th~ "MORTGAGOR," and FIRST iEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation wyanized and exisrinq undK ~h~ lsws of tM United Staqs of Mx~ica u+d hayinp in qincipal plac~ of butineu in tM City oi Fat Pitru, St, lvcis Counry, Ftaida, Mrein~ft~r dtsipna~ad ss tM "MORTGAGEE." ' WHEREAS tM MORTGAGOR is justly indebttd to 1he MORiGAGEE in the sum of i.-12! 20~~~ , good and Iswful money of the UnNed i States ~dv~nced by the MORTGAGEE unto the MORfGAGQR, es evidenced by a certa~n promisso~y note oi even date herewith, of which fbe followinQ In words and fisures ~ a true copy, ~o-wih s 12,100.00 i,~, IOOI9911 ~ . ~ P~?~.. Fia~d.. Etay 29- ~s23._ Fw value receivetl, I, we o? e~~hN of ~s, promise to pay, withouf defalcation, to the order of fIRST FEDERAL SAVINGS AhD IOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Fbrida, the sum of Zl?il~~~~~ wlih interest f~om date at the rate of per annum, in monthly install- ments as follows: _ ~0~•~~ on the ~Oth day of Juiy , 197~ snd a like sum on the corrospondirp day of Qach month there- afrer until ~he whote be fully paid_ fath insta!?ment first shall be apptied in payment of the interest snd then o~ the unpaid balance of the princ~pal wm. If default is made in the paymeru of any installment when due, and such default continues 30 days, then at the option of the holder, and without any othe~ ~otice, all the remaininQ ~nsraflments ihafl be d~e and psyabte at once. Privilege is given to p?epay lhis note in whole w in part at a~y time without penaity. Neithe? forebearance, nor ecceptance by the Iw~der thereof afte~ any default in any payments hereon, shall be deemed exte~nion. A late payment charge of = 5~ 10 , shall be 3 added to each i~slallment rema~ni~g unpa~d 7 days after ih due da~e, a~?d • like sum shall tc added to each such installment remaining unpaid 7 dayt after ! each succeeding payment date. ~ Each maker, surety and endorser hereof, jointly and seve~~lly, waiva demand, presentmcm protest snd notice of protat fo? ~wnpayment, and furthe~ agrees to sny extension of time of payment, e~ther beiore or afte~ maturity, without notice to any of us; and to pay all costs of collecYan, including a reasonabie attorney's fee in the event of any defautt hereunder, and hereby severally waives aIl benefit of inestead snd exemp~ion under ths constitvtion a:~d laws of cach State of the United States, as aga~~st lhis obligation w any e:tension a renewal hereof. ~/1 Witness the hand and teal of each party. ~ I~j ~ (SEAIj s t~arry _ . Rose LC•-- ~ (SE~?U $18.15 s Mar rie F Ros ~ a ( ,1 State Revenue csfaw~.«wc.+l~i «isiwd .w«a- - NOW, THEREFORE, the MORTGAGOR fw the purpox of secvring payment of said sum of S~'2s , snd tbe performarxe of the covenanb and ayreements here;nafter expressed, and for divers good ar~d valuable considerstio~s, by these prese~ts, does grant, barg~in, sell, remise, release, convey c ~rm ynto the MORiGAGEE, iq iuccessors and assigns, all that ce~tain bt, pieu w pucsl of land, situate, lying, and beiaq in ths Counry of ' • C1e and State of Fbrida, dewibed ~s follows: ~ Reoinning at a point which is 25 feet Vorth and 50 feet t~:est of the Southeast corn~r of the S~J~;~ of Section 3, To~+*nship~ 34 South~ Ranae 39 ~ East~ St. Lucie County~ Florida, which is the intersection of the ~'orth r ight-~f-way Iine of Russos Road and the t~~est right--oF-way line of Carat nio. 7~ thence run h'orth along said canal right-af-way Iine 206 feet; thence run T:Test parallel with Russos Road 250 feet; thence run South parallel with Canal No. 7 a distance of ! 206 feet to a point in the yorth right af way line of Fussos P.oad, thence run East to the point of beginning, ~ .r ST~4 E ~F LORlDA ~ M DOtUMENTARY STAMP IA~( ~ OFPt. pi REYENUE • ~ ~ ?R = ~ue ~ r~3 ~ ~ B. t 5 i ~ o ~ ~tto2 ~ ~ - y o F ~ . R~EryEp IN PAYAiIEt(T OF TAXE~ q~ pN t:tASS 'C INTANGIBtE PE4SON.~L P4t0?ER(1„ ~ p1?RStNNT Tp ClIAPTEQ 71-134. ACTS OF 19/~ ~ : ~ roirrus = ~ CIEfG( G t R 6 U i T O O U R T. S i. U l C I E 0 0, f U l ' s f i r i i together with all and iingular the tenements, hcreditaments and appurunces there~nto belongir?g or in anywise app~rtaining therefo, and sll renri, iuues, ` prp~~s and profits xcruing and to sccrue from said preniues, afl of wh'Kh are irxluded in the sbov~ and foreypirg description and habendum. °r e TO HAVE AND TO F~OLD the sbove deuribed ~nd grsoted prcmises unto the said MpRTGAGEE, ib svuesson and ~ssigns forsver. Md th~ asid ~ ~ their . MORTGAGOR for heirs, ezecurws, administraton and assigns, hereby covensnts with tl+s uid MORTGAGEE, in :~recessors ~nd usiqra, f the ~re ~har - lawfully seized of the said prem;ses in fee ~imple; that the same are free, dear and d'iacFwryed from all liens r+d ~nc~m- j brarues in Iaw a in equity, and that they W~~~ a~ ti'lf:lr hein shsll wurant ~nd defend the titk to the same to the said ; MORTG4GEE, ita succeuors snd assigns, fwever against the Iswful claims and demends of sll perspq; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note heteinbefore described and shsN t~vly, pompfly and fuiiy perfwm, discharge, execute, complete, comply with ~nd abide by esch ~nd every the stipulations, agreemenb, conditions ~~d covenant~ of uid i pr«nissory rate and of this Mortgage, then this Mortgage and the Estate hereby ueated thall tesse and be null ~~d wid. y IT IS UNDERSTOOD th~t the word "Mortgsgor" whether in the tingular ot plvral snywh~re in this Mortg~ge, shal( be sinsuf~r if one only and ; ; shall be pfural jointly snd severaity if more than one, ~nd that the wad "their" as used anywhere in th%s Nbrtgage shall be taken to mesn "hi~" "hees;' e or "iri;' whereve~ the context w implies or admits. Also, that wherever there is s referer~e in the covenants and agreemen» herein contained to any of the p~rties hereto, the same ihall be construed to mean as well as the heirs, legsl represe~rarives, svccesson and assigro (eitber voluntery by ~ct of 1M i pa~ria a involuntery by operation of the law) of the same and that the covena~ts hercin contained shall bind and ths berxfib and advanN~es inw~ ~o the respeclive heirs, legsl representatives, successors and eu~gns of the panies hereto. And said Mortgagors, fo~ themselves and their heirs, legsl representatives, succeswn ar.d aasiyns, he~eby jaihNy and severally corensnt and ayree ` ro and with the wid MORIGAGEE, ets sutcessors and suigns: ~ a 1. To psy all and singvlar the principal and interest and the various snd sundry sums of money payab~e by virt~e of uid promissory note, and this mortgage, each and every, promptfy o~ tMe days respectively the same uverally become due. ; 2. To psy all ~~d ~irgulsr the taxa, sisessmenh, levies, liabilities, obligstions a~d encumtxuxes of every nature and kind now on ssid described i ; properry, or that Fiereafter may be imposed, wffe~ed, placed, levied, or ~ssessa} tF?ereon, q tMt hereafter may be levied or ~ssessed upon tF?is Mwty- 3 age, or the indebtedneu secured hereby, each and every, when due and payable, ~ccording ro law, befae they become dtlinquent, ~nd before sny intaest attaches w any penalty is irx~rred; AND INSOfAR AS ANY THfRfOF IS OF RKORD THE SAME SHAII BE PRONIPTLY SATISf1ED AND DIS~HARGE~ OF ` RECORD AND THE ORIGINAL OFFICIAL OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OQ THE SATISFACTION PAPER OffICIAIIY ENOORSE~ z OR CERiIF1ED) SHAtI Bf PIACED tN TFi~ HANDS OF SAIO MORTGAGEE WfTHIN TEN DAYS NEXT AFTER PAYAAEMT; and in the evtnt that sny thereof if not ' paid, sar'sfied and dixhsrged sa:d MORTGAGEE may at any time pay the same p any part tF?ereof without wsivir?p w sffetti~g a~y optiw~, lien, equity a 4 •~qht ~nder or by virtue of this mortgage and the full amovnt of each and every such pa ment shall be immediately dve and payabie and shatl bear intere~t '•om tFv~ date thereof yntil paid at rate of n~ne per centum per ~nnvm and together v~t~~K~i~t![est~s ~I~1 b~ by the lien of th:s mor9tape. 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