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Home My WebLink About0791 ~JatbyV ~ TMI$ INDENiURE. Made ~ne 6th dsy of `~u~y A.D. 19_ 7~ be~aeen Donald H. Redit and Blanche N. Redit t~.s Mife ~ St. Lucie ~ ~ ' of County Flwida, hereinafter des~gnated +s tl+d "A10RTGAGOR." and FIRST FEOERAt SAVINGS ANU IOAN ASSOCIATION OF FORT PIERCE, ~ corpoiat~on a9anised and existi~~g unde~ 1he laws of tha Un~ted Stato~ of Arn~ric+. and havinp in principal place of buiinsu in ~h~ City of Fo~t Pieres, 51. t~tie Covnty, flaida, hereinatter designa?ed as rM "MORiGAGEE." WHEREAS 1hs MORTGAGOR is jwdy indebted ro the MORTGAGEE in the sum of s 27 O0 good and lawful money of the Un~1ed Srates advanc~d by ~he MURTGAGEE unto the MOR(GAGOR, as evidenced by a certain promissory note ot even date herewhh, ot wh~ch ~ha fultowing in s~~27 OOUu.e~O a t~us cuPY, to-wit: No ~0~20151 fort Pierte, Flo~ida, JUly 6 19 fw value received, 1, we w e+fher of us, prem;se to pay, without defalcai~on, ~o the order of f~RST iEDERAI SAVINGS ±ND IOAN ASSOCIATIO?3 OF i OA1 P1ERtF at Fort Pierce, florida, Ihe sum of S_ 27~~~ • ~Q _ vy;~h interesl (rom date at the rote of _g! ~ per enn~m, in monlhly instail- -:~ents as fol!ows: =226. 20th ~y of _ August ~q_73 _ a~d a like sum on the correspondmg day of each momh there- afrer unril ~he whole be fully paid. - Each installment first shall be appf+ed in paymeot of the interest a~d then on >he unpaid balance of Ihe prinupal sum. If defaull is made in the ~ F:aimeN oF any ins~a~lme~~t when due, and such-defaull tw+tinues 30 days, then at the option of the holder, and without any other notice, al! the remaining ~nsrallmems shall 6e due and payab~e at once. Pr~vilege is given to prcpay this note in whole or in parl at any time without penalty. Ne;t}~er fwebearance, nor acceptance by the Iwider ~hereof a(ter any ckfauft in any payments hereon, shalt be deemed extension. A late payment charge of S 11 . 30, shsll be - .+dded to each ins+al{menr remaining unpa~d 7 days afler it~ due date, end a like sum shall be added to each auch instaflmeM remaining unpaid 7 day~ after - each succeeding paym.ent date. 1~ Each maker, surety and endorsen c~rsof, jointly and uverally, wa~ves demand, presentmenf protest and notice of protest fw nonpaymem, and (urthe~ - agrees to any extension of time of payment, either before w after maturity, without not~ce eo any of us; and to pay a~l costs of collection, i~clud~ng a J reasonable attorney's fee in the event of any default hereunder, and hereby severally waives aii benefit of homes~ead and exemption under the tonstitution ~ ;~,d laws of each State of the United States, as agafnst this obligation p any extens;on or renewal hercof. f~ Witness the hand a~d seal of each party, (SEAI) s Donald H. Redit (SEAIj s/ Blanche H, Redit is~u t j40. SO ) State Revenue K+~iwp~ ~+n~ell«i-ow~isi~ wweY NOW, THEREFORE, the MORTGAGOR iw the purpose of scc~.ing payment of said sum of S 27 s~0• and the performance of the covenants snd agreements hereinafter expressed, and for divcrs good a~+d valuable ca~siderations, by these presents, does grant, bargain, se:l, remise, release, convey and co~firm ~nto the MORiGAGEE, its successors and auigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of $L . I.UCle and State of Fbrids, deuribed ~s follows: ?he North 100 feet of that ceztain traci of land described as follows: Commencing at the NB corner of the land conveyed to W. y. Merwin on the West bank of the indian R~er in Section 4~ Yownship 37 South, Range 4I East; thence running West along the North line of said Merwin land Lo the Savanna; thence North along the Bast boundary of said Savanna to the South line of land conveyed to N. Saunders and now oKned by John Miller; thence East along said Miller's South line tc~ Indian River; thence Southerly oeandering the vnater's edge of the river to the point of beginning, con- taining 10~ acres, more or less; together with ziparian rights, ~ Y Q STATE F'LORIDA 1 ~ DCCUIJIENTARY~:,::;tSTAMP TA~: ~ .S' IN PAYMEM OF TAXFi vEPl. OF REYENUE ~ ~ ~ Q~(~JYm ~ ' `r p(~ pM qASS'C' {NtANG18LE PE'tSONAI PROPERiY, K~ _ ii'13 . ; - = °•B. - ~.t~ ^ ~ O• ~ O ~ pUR51111tIT TO CFRM`ER 71-134, AC~S OF 1971.~j~, o = _ ~ ~ • _••s ' _ ROGER POIIMS ~ . ~ CLERK CIRCUIT OOURT, ST. WCIE 00, FtA ~ ~ togethe~ with all ~nd singular the tenements, hereditamenta and appurtances thereunto belonging or in anywise sppertaining thereto, snd all ~entf, issues, E proceeds and profits accruing and to acr.ue from said premises, all of which are included in the above and faegoing dewiption and habendum. f TO NAVE AND TO F~OID the al+ove described and grarted premisea unro the said MORTGAGEE, its auccessors and assigns forever. A~d iht tald = their MORTGAGOjt for heirs, e:ecutws, edministrators and assigns, hereby corenann with the said MORTGAGEF, its sutcesson and assipra, rhat they-are- lawfulfy seized of the said premiustp~fel=simple; that the same are free, clear arid dittt~a~ged from sll lien~ ~nd entum- a brances in iaw or in equify, and that t hL y will and hei~s shall warrant and defend the title to the same to the said ~ MORiGAGFf, i~s successcxs +nd assigns, faever sgainst the lawful tlsims and demsnds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE the promisswy note hereinbefore dewibed snd sh~ll truly, promptly and fully perform, d~xharge, execute, complete, comply with and abide by each and every the stiputations, agrcements, caxlitions snd covenant~ of ~aid promiesory rwre and of this Mortgage, then this Mwtgage and the Estate hereby uested shall cease and be null and void. IT IS UNOERSTOOp that the wwd "Morrgagor" whether in the singular or plursl anywhere in this Mortgsge, shall be singular if one only snd ~..i ; shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in thi~ Mortgage shall be taken to mean "his;' "hen," ~ ~ or "its;' wherever the contex~ w implies or admits. Alw, that wherever there ii a reference in the covemnts and agreements herein comained to ~ny of t~ ~ the parties hereto, the same shsll be construed to mean as well as the heirs, legal representatives, successors and asigns (either voluMary by ~a of the j- § parties w involuntary by operatfon of the law) of the same and thar the covenants herein contained shall bind and the benefits snd advaM~ges in~re ro the respective heirs, legal representstives, sutcessors and sss~g~a of the parties hereto. And said Mwtgsgors, fw themselves and thei? heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and syree c': ro snd with the said MORTGAGEE, its succcssors and assigns: 1. To pay all and singutar the principai and interest and the variou~ and sundry sums of money payable by virtue of said promissory note, and thif ~ ~ mwtgage, each snd every, p?omptly on the days rcspearvely the same uveraNy bccome due. r~ ~ 2. To pay aIl and singutu the taxes, assessmenb, levies, liabilit~es, oblg~tlons and encumbrarxes of every nature and ki~d now on seid described ` property, w that hereafter may be imposed, s~ficred, ptaced, levied, w sssessed rhtreon, w that he~eafter msy be levled a assessed upon thi~ l4lort¢ age, or the indebtedness secured hereby, each and every, when due and psyable, xcwding to Isw, before tF?ey become delinque~t, and before my iMerest ~ attaches or any penalty is incurred; AMD INSOFAR AS ANY THEREOF IS OF RKORD THE 5A/NE SHAII BE PROINPTLY SATISFIfD AMD DISCHARGED OF RECORD AND TME ORIGtNAL OfFICIAt DOCUMfNT (SUCH AS, FOR 1NSTANCE, TNE TAX RECEtPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERiIF1EOl SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, sat"sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof wi?hovt wsiving or afiecting any option, Iien, eqvity w •~~ht under or by virtue of this morrgage and rhe full amou~t of eath and every ivch payment shall be immediately due and payable and shall bear interest ~•om the date thereof uMil paid at rate of n~ne pe~ centum per ar.num and together w~th such interest shalt be secured by the tien of th:s morgbye. ~ ~x- ; ~ ~~c c< r a ~ ~ ~ ~ - .-u ~ w~~~• ~ ~ _ - ~ r = ~ . . , ~~Y'°a-~. ,d;` a-.1 i ..3v'~..i;2