HomeMy WebLinkAbout2877 2580'~4
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TM1S INDENTURE, Mad~ th~ 29L~1 ~y of June ~.o. i9?3 bet«een •
- B. Roy~Lowe, a single adult _
of St . Lucie Cou~ty Flori~a, Mreln~hN dnlqnar~d ~i 1M "MOR~fGAGOR," and fIRST FfDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERGE, a corporation o~panued and txii~inp undN tM lavr~ of tM Unit~d St~tq of M»rk~ ~nd Mvinp its principsl pl~c~ of
butiness ln th~ City of foA PiKCS. St. luci~ County. florida, h~r~inah~r dnipnated ~s ~M "N10R1GAGEE."
WHEREAS tM NWRTGAGOR is iwtly Ind~bt~d ro tM MORTGAGEE in /M sum of : 8+ 3~ 9ood end I~wfu! raon~y of ths U~a~d
State~ ~dvanced by tM MORTGAGEE unto ths MORTGAGOR. ~s ~videnced by • c~rtain pcomiuay not~ of eve~ date h~~~with, of ~rhich :he folluwinp M
wwd~ ~nd fipurq i~ • trw copY. to-wit:
~ 8 300.00 10020119
Fon Pr..c•. F~«w.. June 29 ~~y_ 93
Fa val~~ received, 1, we or either of us, promise to pay, without defalcation, ta the order of FlRST FfDERAI SAVINGS ANL IOAN ASSOCIATION.Of ~
FORT PIERCE af Fort Pierce, Florida, ihe sum of = 3O~ wi~h interest from date at the raf~ of 8• 2~ per ~nnum, in r.wnthly init~IM
ments follows: = Sl•~ on the Z~hday ci August ~~9 73 ~nd • like ium on tM carespondiny dsy of eath month theee-
efter until the whol~ b~ fully p~id.
E~ci~ installment firtt shall be appl+ed in payment of ths i~terest ~nd then on the unpaid balance of the plintip~t tum. If defavh is mad~ f~ tM
payme~t of any installment when due, and t~ch defavlt continue~ 30 days, tiien it ths option of tM holder, and without ~ny other notice, ~II tM ~em~i~i~p
~nstallmenri ahall bs dw end p~yable at once. Privi~e9e is yiven to prepsy thit nots in whob or in p~n at ~ny tims without ptn~lty. PMithtr for~bta~~nc~,
nor ~cceptanc~ by tM holder tMreof sfter ~ny def~ult in any p~yrrknts hereo~, sh~ll b~ de~med ~xt~ni~on. A l~t~ p~yrn~~t chu~~ of ~ 4.OS ~
addrd to each in~tailment rem~lnirg unpaid ~ dayi afte~ iri dw dat~, and a 17ke ~um ahall be added to each such ins~allmont r~maininp unp+id 7
days aR~r
each succeedinp payment date.
Exl~ maker, su~ety snd e~dorser hereof, jointly a~d tever~lly, waives demand, preuntment protsst ~nd notics of protett fw nonp~yment, and furthtr
agrees to any extentian of time of p~ymeM, either befor~ or aNer maturity, without notics to any of us; ~nd to p+y dl coab of collxtion, includinp •
rea:onable sttoiney i fee in the avent of any default hereunder, and hareby t~verally w~ives all benefit of homettead and exemption under the conttitvtion
and laws of exh State of Ihe United States, ~s a9aimt this abli~atan p~ny ext~nsio~ a re~ew~l hcreof.
Wi~neis the F~snd and seal of esch party.
(5~?U
S/B. Roy Lo~re, a single adult~,U
tS~?U
(s~?U
~ $12.45 i Stste Revsous
(Stampa canctiled on wipind not~)
NOW, 7HEREFORE, !he MORTGAGOR fw ths purpoie of securing p~yment of uid sum of s a~ 3O~ • ,+nd tM p~rformanc~ of tM
cov~nanb ~nd aprtementa hereinaftar eap?esud, ~nd for divers 9ood ar+d valu~bl~ co~~id~r~tions, by thss~ pretenri, do~s pr~nt, b~ryaiq se!!, remise,
release, conv~y ~nd confirm unfo tM MORiGAGEf, in succ~ston and asaigns, ell tMt cen~in lof, piau pr parc~l of land, sitvat~, lyinp, ~nd beinp in tM
Counry of St . LuC 1@ u~ st~t~ of Florida, d~wib~d a~ foltows:
The West 50 feet of the Southerly 130 feet of that portion of the
M1est 1 acre of the East 4 acres of the S'~ of the SW'~ of the NE4 of the SW~ of
Section 9, Township 35 South, Range 40 East, lying iumediately north
of the north right of way line of Delaware Avenue as existing after °
Deed recorded in O. R. Book 170~ Page 883, St. Lucie County, F2orida
records.?
~ ~TA~'E ~F FL.~F21DA~
i ° ppCUMEN7AR ~ StA._,r.P 1l~ i ~ d 1't Pt,rl++~'i 0~
~ ilE TP
UF'REYENU
~ DiIE QN ~ASS 'C INTANGISLE FEt~SGtti.,l FRC~'G
° _ ; ~~~-~73 ~~,r ~ Z• ~ 5~ PURSW1Ni TO CttAPTER 71-13~. Ai:iS ~F I37J.. ~jr
~ 1P.a.2 ~ ROGFR POITfJ1S j
~ o GIRCUIt JQURT~ ST. iJG1E t7G, ~~1.
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~ toyetMr with ~II and singular tFw t~n~ment~. Mreditam~nts ~nd •ppurtances th~rwnto b~tonpinp or in a~ywis~ ~ppertainirg th~+elo. ~nd dl ren», iuusa,
i proc~s a11d p(Oflti KGUi(1~ and to accrw from aald pr~misti, atl of whkh ar~ tneFud~d In tM ~bov~ and forpoinp dt~uiptla~ ~rd Mb~ndum.
~ TO HAVE AND TQ HOLD tM abov~ dauib~d ~nd pr~nt~d pr~mi~es unto th~ said MORTGAGEE, its woaswn and ~uipns fonw?. Md th~ s~id
, MoRTGAGOR for h15 h~in, •xecuton, ~dmini•traton •nd •ui9ns, Mr~by tov~nn with tM taid MORTGAGEE, i» svcc~sw?s ~nd ~ttipna.
s fhat h@ 15 t~wfully wi:ed of tM ~sid pr~miws in fN ~impl~J tMt tM same ar~ frN, cl~~r ~nd diachup~d fram all It~ns and ~ncurer
; br~nc~s in law or in puity, and thst he W~~~ Z115 Min shall w~rrant a~d d~f~e~d tM titl~ to th~ am. ro rM said
~ MORTGAGEE, in sucuswrs u+d ~upn~, fw~vrr ap~ins~ the l~wful claims and dem~nd~ of all p~noewj
PROVIDED, AlWAYS that if tM MORTGAGOR shall piy unto th~ MORTGAGEE tM promiatory rat~ Mr~inb~fon dewib~d and ahall truly, promptly
- end fvlly p~rform, discwrp~, ~ltKYt1, compltt~, comply with and ~bid~ by ~ach ~nd ~v~ry tF?~ ~tip~rlations, apr~em~nb, conditioM ~nd covN?anri of said
promiswry not~ u+d of this Mwt9pe, tMn thu Mortp~p~ ~~d the bt~ro hereby u~at~d ~hal! uaw and be null ~nd wid.
3 IT IS UNLIERSTOOD tMt tM word "AAatppor" whefh~r in th~ s;npub~ w plw~) anywMn in this Mortypt, shall b~ sinyul~r if orn ooly ~nd
sh~ll b~ ptural jointly ~nd NYN~IIy H mor~ than on~. ~nd that thrwwd "tMir" a~ uNd ~nywh~n in thH Mortpap~ shall b~ t~k~n to en~sn "hb," •'Mrs,"
~ o. "its," wMr~v~r tM conqxt w impliK a admitt. Alw. that wMrw~r tb~n is a nf~r~nc~ In tl» covanant~ and ap~e~m~r~b h~r~in oontain~d to ~mr of ~
rfH partitr hereto, the iams ahall br cautrved to rtM~n a~ w~ll ~s tM h~in. Ip~l r~preant~tivq, tua~uors and ~uipeu (~N}?N voiunury by act of tl+~
par~i~s o~ Mvolurouy by openian of th~ I~w) of tM s~rn~ ~nd that the covfnan» her~i~ cont~ined ~h~ll bind and tM b~rnfits ~nd ~lv~ntpe~ inura ~
ro tM rap~ctiv~ hev~, tpd r~pr~aentatives, wcuuora and au~yrti of tM putin Mreto.
K Md uM Morty+pon, for tMmtelv~s and tMir Fwin, Ipd npr~wnt~tivN, sucu~wn ~nd ~ai~ru. Mrtby jointly ~nd s~~K~lly covN?aM aed apr~
~ to ~nd with th~ uid MORiGAGEE, its sucuswn and auiQm:
~ 1. To pay ~11 and ~inpul~r th~ principal and int~r~st ~nd tFK various ~nd wndry ~umt of mon~y p~y~bl~ by virtw of said promiuwy not~, and this
- morty~, ~ach and wsry, aomprly on rM d.y~ r~ap~ttively tF~e aam~ sev~r~lly Mcom~ dw. ~
' 2. To p~y ~II 1n1~ iifIDVIN iM t~7[p, ~unue»nb, Iwia, liablli~i~s, obliparioru ~nd ~rKUmbr~ne~s of ~wry natw~ u~d klnd now on s~id deus°.~.,~ ~
3 Prop~rty, a that h~naft~r may b~ impw~d, wff~nd, pl~ud. I~vi~d, or aueu~d tMnon, o~ tMt Mn~N~t m~y b~ Iwi~d a as~awd vpon thk Mortp. ~
' ~y~, a tM Ind~bt~drwu s~cur~d her~by. ~ad? ~nd ~vfry, wl»n dw and pay+bl~, acc«dl,+q ro bw, bfw* tMy b~cam d~linqwnt, ~nd btfon any Im~Nt
; att~chef p~ny ptna3ty is inturrtd; AND INSOFAR AS ANY THEREOP IS OF RKORD THE SA/NE SHAII 6E PROMPiIY SATISFIED ANO DISCHARCsEO OF ote~i
RECORD ANO THE ORIGINAL CffICIAI DOCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RfCE1PT OR THF SATlSFACTION PADER OFFICIAtIY ENDORSED L;~
- OR CERTIfIfDj SHAII Sf PLACEO IN TME HANDS OF SAID NWRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tM ~wnt that ~e?y tlwrwf 4 not
~ p~~d, i~t:~fied ar+d discharqed s~;d MORTGAGEE may ~t •ny t~m~ p~y tM surw a~ny p~rt tMr~of witFwvt w~ivioq or ~ffedinq ~ny option, ii~e, puity or
•~pht und~r or by virtw of this morfqsp~ ~nd th~ full ~movnt of ~ach and eve?y ~vch payrrNnt ah~ll b~ imm~di~~dy dw ~nd pay~bte ~nd ahall btar int~r~tt
jrom tM dat~ tMr~ol until paid ~t rat~ of nin~ per c~nt~m p~r ~nnum ~nd toy~ther w~th ~~th int~rt~t ~h~ll b~ ~ecur~d by the IiN? of th:s mor9tspl.
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