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HomeMy WebLinkAbout1299 ~ 25'7U14 ~t 1HI5 INDENTURE, AMd~ the Zsth d~y of ~X A.O. 19 73., b~fw~en R~ubeu Meadow and Maz9aret MsadoM, h s w e ' - of $t. l.ll Coynfy Ftotida, hereinaftu designated as tM "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS AND IOAN A$$QCIATION OF FORT PIERCE, • co~poration w~~niud and ~xiitinp u~der Iha laws of tM Unit~d S1d~s of Arneric~ and h~vinp its principal plac~ of buu~tss in th~ City of FoA PiNC~, St. lucie County, flaid+. M«in~ft~r desiynat~d ai IM MORTGAGEE." WHEREAS tFk MORTGAGOR is j~ritly tnti~bttd to ths MORTGAGEE in the sum of = 20~~~•~ , good and Iswfvl moMy of the United Srares ~dvancad by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a cat~in promiuwy ~ofe of eve~ dats Ix~ewith, of which th~ foliowinp in wwds ~nd fiyures is • trw topY. to-wit: z 20,000.00 r,~, -10-0-1--9~899 ~ ~ Fwt Pferc~. Flarida, ~Y ~ ~9~~ , ~ for value received, 1, we w either of us, p+om~se to pay, without defalcation, to ths order of FIRST FEDERAL SAVINGS %1ND IOAN ASSOCIATION Of ~ ~ ` 4 FORT PlERCE at Fort Piace, florida, the svm of = 2O ~~0' ~ with interest from date at the rete of 8~~ o per annum, in ;~onlhly insWtl- ~ ments as follows: = 15S~~ on thel~tb day of `july , 19 73 and a like aum on the correspond~rg day of esch month :Aae- ~ ~ after uMil the whofs be futly psid. ~ ` \ Each installmem first shall be applied in payment of the interest and then on the unpa~d balance of ths p~inc7pal sum. If default is made in tM ~ payment of any installment when dus, and syth default continves 30 days, ihen at the opta~ of tlis holde~, and wi~hout any other notice, ail the remaininp ~ ~nstsllments shall be duc and psyable at once. Privilrge is given to prepay this oote in whole or in part st eny time without penalty. Neither forebea~aote, ~ no? ~ccept:nce by the holder thereof after any default in any payments hereon, shall be deemed extension. A late pay~xn: cfu~ge of = 7' 75 , shall be • ~ added to eaci~ instaltmem remaining vnpa;d 7 days after its due date, and a like sum shall be added to each such instsllment remaining unpaid 7 days aiter ~ each succeeding paymero da~e. X Each maktr, surery and endorser hereof, jointly a~ severally, waives demand, presentment protest and notice of protest for rwnpayment, and furlhe? agrees to sny extension of rime of payme~t, either before w aflcr maturity, without ~otice to any of us; a~d to pay ell costs of collection, including a ~ reasonable attwney's~fee in the event of ~ny default he~eunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each S~ate of the United States, as against this obligatio~ or any a~ctension or renewal he f, ~ Witness the hand and ~eal of each party. ; L~C ~ - s/Reube~ Mead ~,u ~ ~'L''~ (SEAU ~ ~$30.00 s r et Mea ~ ~ State Reve~~e (Sr!!!!~ t111!l1Bea'bfl aff~~fll`dbfb) ~ NOW, THEREfORE, the MORTGAGOR for the r pu pose of ucuring payment of said wm of = u~d the perform~~ce of ths ~ covenants and a9reements hereinafter expreued, and fo? dFvers good and valwbte cauiderations, by the~e presents, does grant, baryai~, sell, remise, ~ release, convey and confirm unto the MORTGAGEE, iri succeuors and a~signs, all that certain lot, piece w parcel of Iand,. situate, lyiog, end beinp in the ~ St. [.ucie ' ~ Couny of as~d State of Ftorida, dewib~d ~s follo~ws: ~ ~ Lot 12, Block 80, RIVSR PARK UNI? 9, PART "C", acoordiAg to the Plat thereof recorded in Plat Book 15, Page 28, of tbe Public Recorda of St. Lucie CouAty, Florida, ; ; ~ ~ 1 I~ L'~ .c^~. flF F S~ Mp j R~ I ~ DOCUMENTARY~~ ~ ~ ~ o= ~ flEfi. ~ 3 0 0 0~ ir M ^ JY~I 1 v ~ 3 ~ • ~ ~ ' ~ ~ pg. iw = tt{02 o ~ . . . . ~ ~ ~ IN PAYMENT OF Tl1~ DUE ON GlISS 'C' INTANGIBLE PERSONAL PROPERI'[. pURS~1NT t0 ClUlo?cR 11-134. ACTS Of 1911~1c~ i R06ER POlTRAS ~ CL.ERK CIRCUIT GQURT, ST. UICtE CO.. FUl i ~ i j ~ togetf?~r with ~II snd sirgular the tenements, hereditamcnts ar.d ~ppuMances the~eunto belonginy or in snywise apperfaining tixroto, ~nd all rents, issves, E proceeds and profits xcruing and to xvue from said premises, all of which ue included in the +bove and foreyoing description ~nd habendum. TO HAVE AND TO HOl[j the above described snd 9ranted premises unto the said MOIETGAGEE, iri successas ard ~uiq~a for~ve~. Md tM said ~ ~ thelr ~ MORTGAGOR for heirs, exetutors, administrators and assigns, hereby covenanri with fhe said MORTGAGEE, iri successon ~nd auiyro, ! rhat they are _,a„~„uy x;zed of the said prem~ses in fee irnple; that ttw ume ~re free, ckar ~nd diahar9ed from a!I lkns and encum- brsnces in law or in equity, and thai~~~1.6}L_ will and their hein shall warrant a?~d deferid t}N title w tM s~me to the wid ~ MORTGAGEE, its tucce~sas and assigns, faever against the Iawful claims and demandi of all persons; ; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pramiawry note hereinbefore destribed a+d sMtl truly, promptly ; and fully perfwm, diuharge, execute, complete, comply with and abide by esch ~nd every the stiputstions, aqrcements, conditiau and cove~ants of said promissory rqte and of this Mortgage, then fhis Mongsge and the Eitate hereby ue~ted shall ce~se and ba null and void. ~ !I !S UNDERSTOOD that the wwd "Mwtgsgor' whether in ihe singular or plwa) ~nywher~ in this Marty+ge, sh+ll be si~gulu if one only ~nd shaU be plvral jointly ~nd severally if mae than one, and that the word °~heir" ~t used ~nywhero in this Mortgags shall be tsken to mean "his," "hea," or "its,'• wherever the context w impties or admit~. Also, tiut wlxrever fhere is • reference in the covenann ~nd sg~eemenn herein contained to any of the pirties hereto, the same sF~all be cautr~ed to mesn as well as the hein, legat represenfativls, successws and ~stigro (either wlur*ary bp scf of the parties w involuntary by operation of the law) of the same and that the covenann herein contained shatl bind and t}~e benefits and ~dvsnt~yes inwe ; € f0 it1! IQ3PCCTivQ l~lits. it9ei ~e}~resc~:ie4i:2's. ...C.~...... ~^a S's••S elti ~a~fiw~ MrrtO. And said Mortgagors, ior themselves and their heirs, legal represematives, successon and auiynt, hereby jointly ~nd severally cove~ant and ayree f to and with the ~aid NARTGAGEE, its iucceuws snd assigns: 1. To pay all ~nd iingulsr the principal and interest and the vario~s and sc:ndry wm~ of rt~w~ey payabls by vinve of said promiuory note, and this ' mongage, each snd every, promptly on the days respectively the same severally become due. s - 2. To p+y all ~nd singular the taxes, uu:sments, leviea, IiabiliY~es, oblig+tions and e~tumbrances of every n~ture and kind now on said desuib~d ~ property, q that hereafter may be imposed, iuffaed, plsced, levied, or assessed thereon, w tMat ~+ertafter may be levisd a assessed opon tbis Mortg age, or tM indebtedneu secured hereby, ~xh and every, when due and psyable, ~ccordinp to law, befwe they become delinquent, ~nd before•any intan~ at!aches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHAII BE PROMP1tY SATISf1E0 AND DISC?iARGED Of ' REGORD AND THE OR(GlfdAt OfflCtAt OOCUMEtVT (SUCH A5, FOR lNSTANCE, THE 7AX RECEIPT OR THE SATISFACTION PAPER OFFICIALLP ENDORSED ? OR CERiIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN ?EN DAYS NEXT AFTER PAYMENT; ~nd ir? the event that any tt?ereof is nort paid, sat'sfied and discharged sa;d MORTGAGEE may st any t~me pay the same w any part thereof without waiving a affectiny sny option, lim, eqvity a •~Qht vnder or by virtex of this mortgage and the full amount oi each and every such payr~r.ent sh~ll be immediately dve and paysbk and thsll besr interest ? ~rom the date thercof until paid at rate of nine per tentum per annvm and togeti~e? with such interest shall be secvred by the fie~ oi th:s morgtsqe. R ~ y~ / ~ , Lr'~, ~sc~ ~':~.GC ~ _ ~ ~ ~ ~f.~~ ~ ~ - - _ - _ _ _ Y. _