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HomeMy WebLinkAbout1404 . 2591.~10 iH15 INDENTURE, M+d~ 1h~ 15th ~y of .llll'1@ A.O. 19 73 _ betw~en Ha~pton M. Blliatt and Vs2erie Jo Slliott his wife of St • t'UCie Covnty Flwid~~ I1lf~IMf1H d~sgn~ted aa tM' RT~GAGOR;' ~e fIRST FEUERAL SAVINGS AND IOAN ASSOCUTION Of FORi PIERGE, • oorporatian ap~nis~d ind ezi~tinp uoda IM I~ws of tM Unit~d Sutq of America ~~d Mvinp its principal pl~c~ of bvu+NSf in tA~ City of Fort Piau. St. luci~ Cou~ry. Flaida. Mr~inah~t d~sipn~~~d as tM "N10RiGAGEE." - WHEREAS th~ ti10RTGAGOR is iuitly iewl~bt~d ro tM MORTGAGEE in th~ ium of ~~~0•~ , good a~d lawfvl money of the Un~ted ' Steta ~dvanced by ~hs MORTGAGEE unro the MORTGAGOR, ss evidenced by a certain promiuay nols of evcn d~~e henw~th, of wh~ch ~he iollowinp in ~ wwds and ~igurt~~ t~w copy, to-wit: ' 1~Z~22 . = a7.000. ~ r~.rc.. Fb.~d+. JunQ 15: i9.~.~ ~ Fo~ value received, I, we a ei~her of us, prom~se ~o pay, without defatcation, fo rhe ader of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION (?F ~ FORT PIEIKE at Fort Pierte, f(orida, the sum of S~i~~•~ with inferest f~om date at the rate of 7~71~ pa annum, in monthly i~stall- ments ai iollows: S 2O4 ~ Z~ZI ~y of Septe~ber ~ ~9 73 a~d • tika sum on the cwrespond~np d~y of Qach mon~h there- ~ afler ~Nil the wholt be fully p~id. , Each instsllment first shall be applied in payment of the interest u~d thcn oe~ tM ~np~id ba(ance of the principal aum. If default i~ mad~ In tl+s paymeM of +ny ir?stallment whM due, and s~th detault tontinues 30 dap, then ~t the option of ths holdcr, and without any other notice, all the remaining ~n:tallments shall be due and payabk at o~ce. Privilege is given to prepaY this note in wlwle w in part at ~ny time without penalty. Neithet fortbesrsnte, io ao ~ nw acceptance by the holder thereof sfter any defauh in ~ny p~ymenh hereon, sh~ll be deemed exter+sion. A late payment charqe of s...-! thaN bs added to each ins~allmem ~emaininp ~np~~d 7 day afrer in due dare, and a like svm shall bs added to each such installmero remaining ~npaid ~ days aher ~ each succeeding paymeM date. v Each maker, surery and endaur hereof, janNy and teveralty, waives demand, presentment protest and notice of protest for nonpayment, and further ~ agreea fo any extension of time oi payment, eitFK? befwe w after maturity, withouf Aotice to any o} us; and to pay all coats of collectan, includ~ng a ~ reasawble attorr?ey i fee in the event of any default hereunder, and hereby sevcrally waives all benefit of homestead and exemption u~der the conatituYan ~j., and laws of each Stste of the United States, as ag~irut this obligation ot any extea~ion w renewat he?eof, Witneu the hand and seal of each party. (s~?U ~ s Haapton M. Blliott ~U (SEAU s/ Valerie Jo. Blliott ~ ~ c $44• 50 ~ sta,e ae~er?ve ~ ~ t~-vadle~~tQbiod3+~d ~ NOW, THERFfORE, the MORTGAGOR tor the purpose of securing p~yment of said sum of S 27~~~'~ .ti aod tM pe?fo~msnce of tM covenann and ay~eemenq hereinafter expressed, and for divHS good snd valwbl~ considerations, by tF?est presa+ts, does prant, 6erpain, seli, remise, rel~ase, convey and tonfirm unto 1Me MORTGAGEE, its suctessors and as~igns, aU that ceruio bt, piep w pucel of lu~d, situate, lying, and beirg in ths 'V ~~~ry ~ $t . Lueie ~ $ut~ of florid+, desnibed ~s follaws: Lot 15~ Block 261, PORT ST. WCIB SfiC?ION 6, as per plat thereof on file in a Plat Baok 12, paqe 36/of the public reoords af St. Lucie County, Florida. ~ ~ STATE ~F FLORIDA~ ~ OOCUMEN?ARY~=.. STAMP tA + °c" DEPT. Of RfYEMUF .~r~' • i ' - - . ~ ~ (N ~ ~ T~~ r ~ ~ ~ O ~ O' _ _ = <rt3 ~ . ~ ~ ~ ~t~~s1e~ ~ ~S , f^ a-~P I ~ r{~p$WNT ~0 q1APRER 71•l,t. "'S OF ~lIL ,~r ' Rp6Elt PORWIS CLEN( Eli~f OOtIRT~ ST. ~11~ff U0~' i1Ar l~ F t f ~ f I ¢ ~ogethe~ with sll and singular the tenements, hereditamenq and ~ppurtances tFiereunto belaginp or in u~ywise ~pperhininy thereto, u~d aU rents, issuea, ~ prxeeds a~d profits ~ccruing and to acc~ve from said pemises, tll of wh~fi ue intluded in tha sbove and fore~oiny destriptwn and Mbendum. € TO HAVE AND TO HOID ths ~bove desvibed and gunted prsmises unto the said MORTC~AGEE, iri wocessors srd ~ssiyns fweve?, Md ths s~id F MORTGA R for their QxKUtors, sdminist~afors +nd e:i~yru, hereby sovenanri with tM uid MORTGACafE, ib wcceston ~nd usiyru, t rhat ~ey a re I~v„{ully ie~zed of the ssid prem~ses in fee simple: tMt tFw same ~re free, clear and discharqed from atf liens and encvrt? ! b+ances in law w in equity, and that th~ will and their hein shall wur~nt ~nd defend ti~e title w the ssme to th~ p!d ? MORTGAGEE, its successors and assigns, forever sgainst the lawful daims and demsnds of ill perwos; PROVfDEO, /ItWAYS tMt if the JNORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefort destribed ~nd shsl) fruly, promptly and fully perfwm, d~uMrge, execute, complete, comply with and sbide by esch snd every the s?ipulations, yreements, conditio~ a+d cover?anfs of s~id - promisiory note and of this Mortgage, then this Mwtgage and the Esrste henby ueated ~hall uak and bs nvll snd void. IT IS UNDERSTO00 tfwt the wwd "Mwtgagor" whether in the singular w plwal anywhere in this Mwty~ge, shal) be sinpular if a~s w?ly and ; shall be plural jointly and severally if more than one, and that the word '9heir" as used anywhero in this Mortyspe shall be f~ke~ to mtsn "his," "hen," o• "iri;' wherever the context to implies w admits. Also, thst wherevet there is s nfavence in tl~e covenann ar~d aQ?eementi her~in contsined to any of rhe pariies hereto, the same shall be conttrued to me~n as well ss the heirs, ky~! representatives, suaesson and ~s~iqns (either voluntary by acf .of tM parties w i~volumary by operation of the liw) of the same and that the covenants herein conteinet! shatl bind and tM be~+efin ard edv~ntayes invre ~o the respective he'ui, tegal represenative:, successors and au~yro af !hs parties hereto. And said Mortqagors, fo? themufves and the;r hein, kyal represenativa, succeasors and auipns, hereby jointly and severally covenant a~d ayree ro and with the sa~d MORTGAGEE, it~ ~uccessors and suigru: 1. To pay all ud sir~yulu the principal and i~terest and the vsrious snd tundry sums of ma~ey payabk by virtue of said promiswry note, and tAis mort9sye, esch ~nd every, promptly on the dsys rqpectively fht same sevsr~fly becortw d~e. 2. To pay ~H n+d ainqvlar t??e ta:es. assessmenn, kviei, liabilities, obligations ~nd encvm?xances of every n~rure ~nd kind now on s~id described PropKty, or that hereafter may be impwed, wffered, placed, kvied, or ~aeued thereon, a tMt hereafler may M Ievicd a uussed upon this INorp- ' ege, w the indebtedneu secvred hereby, ead~ and every, when d~e and payable, accadinq to law, befae they become detinquent, u~d befa~ a~ry intsrett ~ sxtathes w any pe~alty is inwrred; AND INSOFAR AS ANY TNEREOF IS Of RKORD TME SAME SHAII 8E PROMPTIY SATISFIED AND ~ISCHARGEO OF s, RECORD AND TME ORIGINAI OFFlCIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR iHE SATISfACTlON PAAfR OfF1C1AllY ENDORSED OR CERTIFIELI) SHAtI 8E PIACfD !N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event tlut aoy thcreof is rwt d paid, sat'sfied and disc~arged sa:d MORTGAGEE may at sny time pay the same w s~y psrt thereof without waiviny or affectirg any option, tien, equity or •~qhe vnder o. by v~rtue of this mo+tgage and the fuH amounr of each and evray such p+yment ihsll be immed~ately d~e and paysbk snd ihall bear interest ~ j~om ~Fx date thereo( until paid st rate of nine pe? centum per annvm and toyether w~th suth interest thall be y 1FjA lien of s gtspl. ~ B ~X ~lj ~~~'~4 ' {T x Z`a _ _ ~ ~ ~ ; ~ ~ ~ r ~ v- ~:-~~~~,.y . ~x~,.?~"`~~~