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HomeMy WebLinkAbout1398 • r_ i . 25910~ ~ ~ THtS INDENTURE. Mad~ tf~e 12tih day of ~ . A.D. 19_L.L_.~ between Barl E. 1~!?ite an~~ . te, a e, of S• d - Count~? Florida, Mr~inafhr d~tiynated u th~ "MORTGAGOR;' ~nd FIRST FE~ERAL SAVINGS AND lOAM ASSOCIATION OF FORT PIERCE. • aorporation oryu+i:sd +nd ~xi:rinp u~ tM law~ of th~ Unit~d Sta~~s of Am~ric~ .nd Mvinp in princip.l pl•c• of busin~u in tl~ Gty of Fort PiKC~. 51. l~ci~ Couoty. floritl~. iwtein~ftK d~sipnated ~s tM "MORTGAGEE." A111 ~ r~ 1 i ! ~ WHEREAS ~M MORTGAGOR is i~ntly ind~bt~d ro ~hs MORTGAGEE in tM ium of ~ 181~~i~ Qood ~~d lawfui mai~y~o~ the Un~ted S~ate~ ~dvanced by ~hs MORiGAGEE un~o ths MORiGAGOR, ~s evidenced by a ce.ta7n p~omi~sory not~ of even da~~ hs~ew~~h, of which I~O.~ollowinp In wads and fipures b a trw copY. lowit: =18,000.00 10020480 Fwt Pk?c~. Florida. ~T T9_[.~_ For va~ue received, 1, we or either of us, promisQe to paY. w~~ha+~ defalcetion, to ths order of FIRSi fEDERAI ~1Y~NS,S ANO lOAN ASSOCIATION OF FORT PIERCE at Fort Pieres, Florida, the sum of s lv•~~~~ w~th interett irom date ~t th~ nte of a• ~46 per +nnum, i~ ~*wnthly install- ments as follows: s 221•~ on tF+e 2~'h day of A~~t 1973 arul a like sum on the corresp«+d~rg day of each manth therr af~s? until ths whole bt iully paid. Esch installment fint shall be applied in payment of the interest and then on the unpaid balance of the principal sum. If defavtt is msde in 1M payment of a~y insta~lmenl when due. and wch default continues 30 days, thm ~t tlw opt:on of tF» holder, ~nd without eny other notice, sIl ths remeinirq ~n:rallmer~ri shall bs due snd payable at orxe. Privilege is p+vsn ro prepiY this note in whol~ or in parf ~t sny time without penalty. Neither faebearac~te, nw acceptanc~ by tha holda thereof after a~y default in any payments he~eon, shall be deemed exter?tion. A late psyment chu~e of i Zl• shall be added to each inatallment remaininy unpaid 7 days ah~r in due date, and • fike tum aMll be addad fo tach such instaUment remsining unpaid 7 days after each sucteediny payme~t date. Exh msker, surety and endorser hereof, jointly and s~verally, waives demsnd, prosemment protesl snd notice of p?otest for nonpaymenf, and fuAhe? agrees to any extension of time of payment, eith~v before a after maturity, without notice to any of us; and to pay a!1 costs of collection, lrxluding ~ reasonabte attorneyi (ee in the event of any default haeunde~, ~nd h~reby severally waives all benetit of homeslead and exemption u~der the constitWion and laws of each State of the United Sta~es, as against this obligatipn or any extension a rencwal hereof. Witnest the Mrxl and seal of each party. ~ S/ Earl E. l~ihite ~U cs~?u S l~rtha F. khite ~ ! ~27 ) Stats Revenus ~ (Shmps uncelled on oripinal note) NOW, THEREFORE, tFe MaRTGAGOR for the purpose of ucuring payment of said sum of i 18~~~'~ ~~d the performance of tM covenanb snd a9reaments hereinafter expressed, and for diven good and vstwbte consideraYwra, by thes~ prese~ts, doet grant, bar~sin, sell, remise, relcass, convey snd tonfirm unto the MORTGAGEE, iq wtcessors and auifln~, ell that tertain bt, pitu a puul of land, situ~ts, lying, and beinp in the ~~~ty ~ .~'i• T31C19 uid 5tate of Florida, desvibed u fdlows: La~~ 5, CRTST SUBDIVISIOH~ as per pla~ thereof o~ f`ils in Plat Book 15s PaBe 8, Pnblic t~ecords of St. Lncie Cannty, 1~'lorida, STATE ~F FLaRIDA ~ a ~OCUMfNTARY~"~,STAMP 1Aa ~ ~ °c-~ UEPi. OF REtlEHUE ~i~ . ' ` I~'~11E~1~ TA~ 'j pR s~•» ~ 2 T. 0 0 i ~r m~ s~ r~s°""~ n~,,, - ~ - ~ n•i~. ~as o~ i~n. R o = t~ ~a?.e ~jj~c ~ C1EAK Ct1Ef~Nf ~Ot1R1; ST. LIICIE 00, FUl ~ i ~ s 4 ~ rogetF~et with sll and sing~lar the tenement~, hercditamenri and appu?ta~ces thereunto belonginy w in ~nywise ~ppertainirg therelo, and alt rents, Istves, ~ proceeds •nd profin xuuing snd to scave from said premises, all of which are intluded in fhe abovs and fweyoiny dewipYa~ ~nd habendum. ~ TO HAVE AND TO HOW the sbove dew~bed snd yra~ted prcmises unto the s~id MORTGAGEE, its successors and auiym fweva. Md t!w taM ' MORTGAGOR for ~e~ F~ein, executors, administraton and aaiiyns, hereby tovensnn with the ssid MORTGAGEE, its successors ~nd sssipra ~ rhat t'hA9 a~ - Iawfully seiz~~of the said premises i~ f~ivppte; tMt tF+e s+me ut frae, clear ~nd dixhsrpcd from ~II liens and encvrtr trsnces in I~w a in equity, and tF~at ~ will snd ~lI' iiein shall w~rrant and defend t}~e title to the sam~ to tht s~id ~ MORTGAGEE, in sucussors and ~uigro, fwever sgainst the lawfu( ctaims and dema~ds oi all person~; PROVIDED, ALWAYS 1F»t if the MORTGAGOR sMll p~y unto the MORTGACaEE tht promeuory nots hereinbefwe described and shall ttuly, pramptly y a+~d fully pe~fwm, dlscharge, execute, compkte, c«nply with and abide by esch snd every tAe ttipulatans, a9reeme~ts, condiriom +nd covenaon of s.~d promisswy note ~nd of this Mortg~ge, then this Mortgsge .and the Esata hereby ueated sF+sll ce~~ and be null ~nd void. IT IS UNDERSTOOD that tF?e word "Mwtgagor" whether in the singular w plw~l anywMr~ in this Mortyags, shall be sirgulu if o~e only ~nd - shalt be plvral jointly and ~eve~ally if more than one. ~~d that the wwd "thei~" ~s used a~ywher~ in ti~a Mwtgaye ihsll be taken to mean "his:• •'hers•• o~ "its." wherever the context so implies w sdm~n. Also, that wherever ihere is • refer~nte in ths tovenann ~nd agreement~ hcain oontaintd to arty of rhe panie~ hereto, the s+me shst! be construed ro mean as well ai the he;rs, kpal r~present~tives, tuccesso?s and ~ui~ns (eithe~ voluntary by act of ths ~ parties a imroluntary by operation of the taw) of the same and that the covenants herein contained shall bind and the benefin and adv+ntpes inure 5 ro the respective heirs, legal representatives, successors and au~gns of the puties hereto. And said Mortgagws, for themselves snd their heirs, leysl representativcs, successas and assipns, hereby jointly and sevaally covenant and ayrae ~ to and with the s~id MORTGAGEE, its iuccessors and +uiyru: ~ 1. 7o p+y ~II ~nd sirgulu tM principal and intaest and Ihe varian ~nd sundry swns of ma~ey pay~ble by virtue of said promeswry note, and this ~ mort9a~e, each ~nd every, promptly on tl+e dayt ~espectively the same sevar~lty become d~e. ~ 2. To psy dl ~nd ~ingulu the taxes, a~sessments, ferie:, li~bilities, oWipations snd encwnbr~ncet of every ~sture a~d kind now oa s+id desuibed q Property, or that F~ereafter may be imposed: wffered, plxed, levied, or assessed thereon, a that here~fter msy b~ lev'~ed w usessed upon this Mwp- ~ +ge, or tM indebtedneu secvred hereby. each +r+d every, when dve ~~d pay~ble, accadinq ro law, before they become delinquent, ind befon any inhrest ~ attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISfIED AND DISCHARGED OF r RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCN AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICiAILY ENDORSfD ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN 1EN ~AYS NEXi AfTER PAYMENT; and in the eveM that ~ny thereof is no1 paid, sat'sfied and diuharged sa:d MORTGAGEE may at any time p~y the same or any paA thereof withwt waivi~y w~fiedirg any optan, lien, equity w ~~qht under or by virtue of this mortgage and the full amovnt of e~ch ~nd every iuch payment ihall be immediately due and p~yabk snd shall bear interes~ : j~om the date thereof unti! paid at rate of n~ne per centum per annvm and toyether with auch intereit sMll b the lien f h' rs;wgtapt. ~ ~ ~ 30UK ~~i E 1~{ ~ - - ~ _ / ~ 4 _ - ~ ,a$"q~~'e5:;s_~ . ,~z.. . _ , . _ ..a ~r.« ~?X-„~