Loading...
HomeMy WebLinkAbout1116 4 . . 25689'7 tH15 INDENTURE. Mad~ rn. - llth day of Jun6 ' A.D. 19_ 73 between Robert L ns and Mss L. L ons his wife af $t• i'uC @ Covnry Flwida. Mrainaffa~designated ~s tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a cwpaation ory~ni:ed ~nd ~a~~tinp unda tM laws of tF~e U~ited St~tq of Am~ric~ ~nd h~vinp ib pri~~c~~l pl~n of busi~wss {n tM Ciry of fon Pi~ru, St. l~ County, fbrida, hsninatt~r detipn~ted as tM "MOR1GAGfE." WHEREAS tM MORTGAGOR is j~ntiy i~+deEt~d ro tIw IYIORiGAGfE in ths sum of s 24 a 500 yood snd la+~iul mo~y oi the Lnned Sqtes advanced by ths MORTGAGEE u~to th~ MORTGAGOR, as evidenccd by a certain promiuay nots of even d~te herewith, cf which ths followinp i~ , i wads and fiyure~ ii a trw copy, to-wit: ~ s 2a~5~o.0o N, 10019988 ~ P~.n. F~«~a+. Junf 11, ~i9 Fo? value received, I, we or eiiher of ua, pr~m~se to paY, withoul defalcation, to the order of i1RST fEOERAI SAVINGeS, AND IOAN ASStK1ATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of = 24~ 5'~~~ w~?h interesl from date at ~he rats of 7'776 per arnurp, in morUhly ins1~11- ments as fotlows: = 1~•O0 on the ~~h day of ~Lober ~9 73 and e like svm on the carespondinp day of, each month there- i after until the wfioie be (ully paid. . Each installment first st~sll be apptied in p~yment of the interest and then on the unpaid balsnce of the princip~l sum. If defauU h made in iM payment of any installment when due, and such default continues 30 d~ys, then st the option of the holder, and without any other notice, all the ramainin~ ~nstallments shall be due and payabk at once. Privilege ii given to prepay this note in whote or in part at any time without per?slty. Neither fweb~arante, ~ no~ acceptance by the holde~ tFxreof after any default in any payments herto~, shall be deemed extension. A late payment chsrge of s-9 shsll be added to each inslallment remaining ~npaid 7 days sfter its due date, and a like sum shall be added to each such installment remaining unpsid 7 dayt ~her ~ each wcceeding payment dsre. Each maker, surety and endwser hereof, jointly and severafly, waives demand, presentment prorest end notice of prote~t fw rtonpaymenl, and further ~ agrees fo any exten~ion of time of paymenL either before w after maturity, without notice to any of us; and to psy all costs of collection, including a reasonable attaney's fee in the event of any defauft hereunder, and hereby severa~ly waives sll benefit of homestead and exemption undef ths tonstitution and laws of each State of the U~~ted States, as agairut this ob~iqation a any extension or renewal hereof. ~ Witness the hand ard seal of each pa?ty. (SE/?U s/ Robert Lyons ~u (S~U $36.75 s/ Mary L. Lvons ~ , ( 1 $tafe Revenue } (Stamps.t~anc~ll~d~ M?-~ri~iws4 wMe) } NOW, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of said sum of Z 24~ e~~~ ~nd the pe?fo?marrce of fhs covenann ~nd sy~nements hereinafter expreucd, and foa divers good end valwbfe considerataoro, by 1F~es~ presents, dxs g~a~t, barqai~, selt, remise, relrase, convey ~nd tonfirm uM.o the MORiGAGEE, its succeuws and auigns, eU thaf certain lot, pieoe or partel of land, situaM, lyiny, and beinp in the : ~ St. Lueie and State of F{orida, described ~s follow~: a Lot 11, Block 150, LAKEWOOD PARK UNIT NO. 11, as per plat thereof on file • in Plat Book 11, page 32 of the public records of St. Luc3e County, Florida. ' ~ ~'p ~P~ C~Q ~ ~ F~'~P~ 1 ~ ~ oF ; 3~• ~ pQ~ ~ r : ~~ti~~ ~ ; : ' ~ ~ ~ ~ a~Q ~4 i,vAlb~~ q~ IN PAYMENT OF TAX~ ~ {BLE PE~SOt1AL Pt'OPERPI~ e ~;y `p oi tA' p~IT TO CtNP~ER 11-134. ACiS OF 191L~~~ ° v ° ~i ~~t~1 pp(~~ r017W1S ! G:~ ~ / ~pK CIRCl111 OOURT. S~. UICIE 0~~ ~ j ~ O / 3~ 7~ ; together witF~ all ~nd singulsr the tentments, herediraments and appurtances thereunto belaging w in anywise ~ppertsininp therefo, and all renb, iuues, ~ i proceeds snd profin atuuing and to sccrue from said {xemises, all of which are included in tiie above ~~d foregoiny deuriptwn end h~beadum. ~ j TO HAVE AND ~Q HOID the above desaibed and granted premises unto the said MORTGAGEE, its suaessors and auigns forever. Md th~ said _ ' MORTG~GOR fw lielt hein, execvtws, administrators ~nd suigns, hereby covenants with the i+id MORTGAGEf, ib successors and auipro, rhat de are - lawfuit seized of the said ~ y premises in fee simplr, that the same a~e free, clear and diuharged fian aU liens and encvrt~ # brances in Isw a io equity, and that theV w~~t snd the~r hein shal! waa~ant and defend the title to the sam~ to tM taid MORTGAGEE, its wccessors and suigns, fwever against the lawful claims snd dem~nds of sll peryons; FROVIDED, ALWAYS that if the MORTGAGOR shall p~y unro the MORTGACaEE the promissory rate hcreinbefue desuibed and shsll truly, promptly and fuliy perfwm, discharge, e:ecute, compkte, comply with and abide by each and every the ttipulations, ag~tements, conditions u~d tovenants of said i p.omissory note and of this Matgage, t}xn tF?is Mortgage and the Eitafe hereby ueated shall cess~ ~nd b~ null and void. 1T IS UNDERStOOD thst 1he word "Mortgsgor" whether in the singular or plural anywhere in this Mortyaye, ~MII be singular if one only and shall be plunl jointly and severally if more than one, and that the wwd "their" ss uted +nywt?ere in`ih~'JYtortgsge shsH be taken to meart "h»;' "hen;' or "its;' whereve? the context so impfies or admits. Also, that whereva thero ia ~ refaence in the carenants and apreemenb herein containad to any of the pania hereto, the same thall be construed to mean as well ~s the heirs, legal represent~tives, suaeswn ud au+gro (either vo(untary by act of th~ ~ pa~!e_! x 3~w_+~~.n+wry by ooeration of the (awJ of the same a++d that tF+e covenanri hertin cont~ined shall bind a~d the benefitt and ~dvantayp inure ; to the respective F?eirs, kgal representatives, successors and au~gns of the partie~ hereto. Md sa'~d Mwtgagws, fw themxlves and their hein, legal representatives, successon ~nd suigro, hereby jointly and severally tovenant and spree ~ to and with the ssid MORTGAGEE, its succeuors and assiyru: 1. To pay all and sing~tsr the principal and inrercst and the various and wndry wms of money paysb{e by virtue of ssid promissory note, and this mortgsge, cach and every, promptly on the days respectively the same severa~ly becane doe. 2. To psy all and ~iryular tF+e taxes, uussme~n, levies, liabilities, obligstiora and er~cwnbrancet of every nature and kind now on ss~d described ~ f property, or that heresfter may be imposed, wffered, pt~ced, levied, w~uessed thereon, or that l~ereafter may bs levied w aues~ed vpon this Mat¢ age, o~ ths indebtedness secured hereby, each and everyr, when d~e ind psyable, accwdinp ro law, bsfat they become delinquent, and befwe any inte~est atteches or sny pet~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIL 8E PROMPiIY SATISfIED AND DISCFIARGEO Of «O ~ RfCORD AND iHE ORIGIhAI OFFI[!AL OOCUMFNT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPfR OfFIC1AllY ENDORSEO { OR CERTIFIED) SHl1ll 8E PIAtED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the eveM that any thereof is not ? paid, iat'sfied and diuharged sa:d MORTGAGEE m~y at any fime pay tlx seme or any part thereof wifhout waiving or affecting ~ny option, lie~, equify p •iQbt under w by vi~tue of this mortgage and the full amount of each and every such psyment shall be immediately dve and payable ~nd shalt bear interest i <<om the date thereof until paid at rate of nine per centum per ~noum and toyether with iuch interest sMll be secured by the lien of th:s motytye. - - _ - ; v.«.,. ~ f . . . _ . ~ ~ . _ , . _ - ~