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Home My WebLink About0785 ~ ~~68 ! iH15 INDENTURE. Made the lsth day oi `~~e . A.0. 19 ~3 y be~ween _ Tha~a~s F. Fagan and Helen J. Fagan i his wffe _ of SZ• ~"uCie Co~nty Florida, he~e~nafter defignsted as the "MORIGAGOR," and F1RST fEDERAI SAVINGS ANO IOAN ASSpC1AT10N Of FORT PIFRCE, • corporation o~pani:ed snd ex~iting under the laws of tl?~ Un~ted S~~~at of America +nd Mvirp in principal place of busineis i~ ~h~ City of Fwt PiNC~, Sf, tucis Counry, Flopda, hereinaf~sr c~esi9nafed as th~ "MORiGAGEE." r WHEREAS tha MORTGAGOR is jv~tly indeb~~d to tM MORTGAGEE in the sum of j 13 ~ 5~~ ~ , good and lawful money of Ihe Un~ted ~i.• Srates adwnced by the MORTGAGEE un~o ~hs MORIGAGOR, a~ ev~denced 6y a certain proauuwy note of eveo date he~ew~~h, oi wh~ch the folbwing in r~~ ~1 worda ~nd iiyu~RS if O t~ue Cppy, tOwih 3 13, 500.00 ^ ~ 1O0Q001 ~ ~ Fort Pierc~. Flo~ida. J~@ is 19?~_ ~ Fot vaiue rcce~vad. I, we or either oi us, prom.,se fo pay, without defalcation, to 1he order of FIRSi FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierce, Ftorida, the sum of s_ 13L ~ wifh interest from date ai the ra~e of 8~~ qo per annum, in monthly install- ? 122.40 20th Julv ~nents as ~o~!ow~: S ~ on the day oF , 19 73 snd a like sum on the cwrespond~ng day of each month there- efter until the whole be fully paid. Each installment first shall be app~~ed in payment of ~he inle~est and then on the u~paid balsn<e of the printipal sum. If deiault is made in ths y ~,ayment of any inara~lment when due, and such de(aull tontinues 30 days, lhen at the option of the holder, and without any other notice, all the remsini~g ~ns~allmenls shall be due and payable at once. Priv~tege is givrn to prepay this note in whole or in part af any time withiwt penatfy. Neiiher iorebearance, \ nor acceplance by the holder tFxreof after any default in any paymcn+s hereon, shall be deemed e:tension. A fate payment charge of : 6~ 1O shall bs ~ added to each insta~lment remaining unpaid 7 days aite~ its due date, and a I~ke sum shall be added to each such installment remaining unpaid 7 daya a(ter ~ each succ=eding payment date. ' t Each maker, surety and endorser hereof, jointly and severally, waive: demand, presentment protest and notice of p~olest iw nonpayment, and further ~ agreea to any extensioe of time of paymznt, either before w aiter maturity, wirhout notice to any of us; and ro pay sll costs of collection, includ~ng a , reasonable attorney's fee ~n the event of any defauit' hereunde?. and hereby scverally waives all benefit of homestead and exemption under the constitution and laws of each $ta?e of the United States, as again~t this obligat~on w any ealcnsion or rcnewef hereof. ~ Witness the hand and s~al of each pany. (SEAL) ~ s onas F. Fagan ~Ai) ~ cs~?u 25 s e en . agan ~i $20. 1 ( ~ State Reveoue , ~ (3?afR~?:Tlfl!llrea~fl~fl~M1IEI~MfEflT NOW, 7HEREFORE, the MORTGAGOR fw the pvrpose of securing p~yment of said sum of = 13~S~~OO •nd the pcrformance of the covena~ta ~nd agreem~nts hereinaiter expressed, and (or dive~s good and valuabie cons~derations, by these presents, does grant, bargsin, selt, remise, reiease, convey and confirm unto the MORTGAGEE, its iuccessors and auigns, eti that certain lot, piece or parcel of Isnd, situate, ~yi~g, and being in ths County of St • LLiCie ~nd Stete of Fbrids, described as folloMn: The South ~ of Lot 7 and all of Lot 8, Block 3~ ORANGfi PLACB SUBDIVISZ01d, according to the pl.at thereof recorded in Plat Book 5 at Page 9~ of the Public Recozds of st. Lucie County, Florida, - .d. S TATE oF Fl..._ U R I C7 A 1 +~areo: 0?,7 _ Z DO~UMENTARY,~~::,;.~ S TA M P_ T A): ~ ~ ON qJ~ ~~j~~~ OF Ub~ ~ , DEPT_ U~ RE~ENUE ..<i' ~ ' z~ - - NRS~ANT TO dUUifR 71•t3~,~A47~ Il1~i ~ ~ - P.B_ = „~i f 2'13 ° ~ Z Z 5 ~ ~ s ~ o= i i:•.z' ± C1ERK CIRt~llt COtAtI~/• LJC~E pQ., ~ ~ . i ~ ~ r i i S ` tcgether with alf and singular the tenements, !?ereditaments and appurtsnces thereunto belonging or in anywise appen+ininp thereto, ~nd all renb, issues, ! p~«eeds and prof~b accruirg and to xcrue from said premises, all of which sre included in the above and fwegoin9 description and habendwn. i ~ TO HAVE AND TO HOLD the above described snd gnnted premises unto the said MORTGAGEE, its succeswn ai+d suiyro forever. Md tFw s~id ` their : N~ORTG/~i[JRe for heirs, executors, administrators ~nd assigns, hereby covenants with fhe said MORTGAGEE, it~ successws and assiyro, rhat -~Jl-y--- Iawfully xized of the said p?emises in fee simple; that the tame are free, ckar and dixharyed from sll iiens and encvrtr € brances in law w in equity, and thst ~heY will and their Ixirs sl?~II wsrrant ~nd defend the tit[e to the same to the said ~ MORiGAGfE, its successws and auigns, faever against the lawfut claims ~nd demands of all persons; ~ PROVIDfD, AIYVAYS that if the MORTGAGOR shall pay vnto the MORTGAGEE the promiuwy note hereinbefore described and shsll truly, promptly and fvlly perform, d~uMrge, execute, complete, comply with and abide by each ard every the stipulstions, agreements, conditipa ~nd tovenants of said ! promissory nate and of this AAortgage, then this Morrgage and the fatate he~eby created shall cease and be null and void_ ~ IT i5 UNDERSTOOp that the wo~d "Mortgsga" whether in the sirr~ular or plura! anywhere in this Mortgsqe, shat) be singular if one onTy and ~ t shall be lural mtl and ieverall if more th~n o~e, snd that the wad "~heir" as vsed sn • P lo~ Y Y ywhere in this Mortgage shall be f~kea to mea~ "his." "hers," ~ or "its;' wherever the context w implies ot admits. Atso, thst wherever there is t reference in tFrc tovenanri ~nd agreemenri hertin tontained to any of 's rhe parties hereto, the same shall be construed to mesn as well as the keirs, legal repreuntatives, successors u?d asi~gru (either volunlsry by act of ths ~ ~ partiaa w invo~u~tary by operation of the law) of the same and that the cov.na~ts he?ein contsined shall bi~d and the benefib and advanfages inwe ; +o the respective heirs, kgal repretentatives, successors and ass~gns of tIro parties hereto. +.f And said Mo?tgsgors, for themselves and their heirs, legal repreuntatives, succesaon snd aug~s, hereby ioiMly and ieverafly coveoant ~nd spree s to and with the said MORTGAGEE, its svccessas and sssigns: 1. To psy sll and sinyvlar the principal and interest and the variovs and sundry sums of money pay~ble by virtur of taid promissory note, ~nd this ~ ~ mwigage, each a~d every, prompfly on the days respectively the same severally becpne due. ~ j 2. ~o pay ~11 and singvlar the t~xes, assessments, levies, liabilities, obligstions aod entumbrsrxes of every rtature and kind now on uid described property, or that hereshe~ may be imposed, wffe~ed, placed, levied, or assesxd thereon, or that i~ereafter may be tevied a auessed upon tha Mort¢ r. o ' age, « fhe indebtedness secured hereby, each and evay, when due snd paysble, +ccordirg to law, befwe they become deli~quem, and befor~ ~ny intaest i artaches o+ any penalty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMP?lY SATISFIED AND OISCHARGED OF RECORD ANO THE ORIGINAL OFFI~IAL pOCUMENT (SUCH A5, FOR INSTANCE, TME iAX RECfIPt OR T11E SATISFACTION PAPER OFfICIALLY ENDORSEO OR CERTIFIEO) SHALL BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is not paid, sat'sfied and discha~ged sa;d MORTGAGEE may st any time pay t1~e same w ~ny part thereof without waiving w atiecting sny option, lien, eqvify or •~qht under or by virtue of this mortgage aRd the fuli amount of each snd every such payment sh~ll be immediately d~e and payabk and ihall bea? interest ~~om the date thereof until paid at rate ot nine per cemum per annum and together wrth suth i~terest shall be secured by the lieo of th:t mwgtape. r _ ~ II : ~ ~'Y~ ~ ~ j - 3 I ~ ~ . y ~ . . - . ~ r; ~~s ~~,'Q?.~