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HomeMy WebLinkAbout1519 . ~ ' 2591~33 iNIS INDENTURE, Mad~ the l~~h day of ,ulY A.G. 19 ~3 belw~en Asthus W. Gxeer and Wanda L. Gree~ ~iis ~wife . : of S~. Ll1C1Q ,~qinty Flotida, FNfOiMftN designated +s11M "MORTGAGOR," and FIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATtON OF fORT PIERCE, ~ corporatio~ ayanized ~nd exittiny under the laws of ths United SaHS of /lmtriu and havinp its printipal plau of buxiness In ths Gify of Fo~f PiNq. St. Lucie County. Florida, herein~ha d~sip~at~d as IM "MORiGAGEE:' W?IEREAS 1M MORTGAGOR is j~~tly indebted to tM AAORTGAGEE in tM sum of ~ 23 ~ 10~ , good ~nd law{ul money oi the Un~ted States advanced by the MORiGAGEE unto ths MORiGAGOR, as evidenced by a ceriain promisiory nots of eveo date herewieh, of wh~ch Ihe foUowinp in words and fi9ure~ a a t~w copy, to-wit: ~ s 23,100.00 ~ i0020163 ? ~ Fort Pierte. Florida. .jLL1y 10~ 19 73 ` } Fw valve received, 1, we or either of us, promise to p~y, wi~houl defalcation, eo the o?der of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATiOfV Of ~ FORT PIERCE at Fal Pierce, Florida, the sum of =23 100• w;th interest from d~te at Ihe rate of 8• 2~7o per annum, in monfhty iruta!!- ~ ~ ~„e~ts as follows: = 197.~0 ~ 2~h ~Y of Ai29USL ~9 73 and a iike sum on the correspond~rg day of each month there- \ ~f~er until the whote be fully paid. ~ Each installment fi~st shall be spplied in payment of the interest ~nd the~ on Ihe unpaid balancc of the print~pal wm. If defauM is msde i~ tha paymeM of any ins~allment when dve, and such default continues 30 day~, 1hen ~t the option of the holder, and without any orher ootice, all the remaining ~~:stallments shatl be due and payabie at once. P~ivilegs i~ giver+ fo prepay this note in whole or in pan ~t ~ny time without pen~lty. Neither forebearance, J ~y nor acceptarxe by the hoWer fhe~eof aher any de(ault in any paymenls hereon, shall be deemed extension. A late paymeM tharge of ~ 9 85 ~ shall be added to each installment remainirg u~psid 7 days aiter its due date, and s like sum shall be added to each such instal{mEnt remaining v~paid 7 days after ~ each succeeding payment date. . i Each maRer, surety and endor:er hereof, jo'+ntly and uverally, wa~ves demand, presenrment protest and ratice of protest for nonpayment, and furthet t ~ ag.ees to any extension of time of payment, either before d after maturity, without notice to any of us; and to psy all cotts of coltection, inciuding e i ` reasonable attorney's fee in the event of any defautt Ixreuncler, ~nd hereby severally waives all beneiit of homestead and exemption under the tonstitution ~ M and laws oi each State of the United States, as aga~nst fhis obt~gatio~ or any extensan or renew+l F+ereof. Witness the hand and seal of each party. S/ Arthur W. Greer ~~u (SfAI) ISE/?U Z~ S Wanda L. Gzeer ~ ~ $34 , 65 ~ State Revenw ~ ~ ~~r NOW, THEREFORE, the MORTGAGOR ior the pu~pose of ucuring paymeM of said sum of i 23 i 1~~OU , ~nd the performance of ths ; ~ covenants snd agreements be~einafter expressed, and fw divers good and valu~ble coos~derations. by these p~esents, does grant, bar~~in, sell, rrmise, i release, convey and confirm unto the MORTGAGEE, ita sucussors and ~uigns, •11 that cenain lof, piete or putel of (ud, situate, lyirg, and being Fn the County of St . Lucie and Stda of florids, dewibed ~s fotlaws: , That part of the West 80 f¢et of the East 560 feet of S'~ of Outlot 7 and N4 of Outlot ti, acCording to a Plat of White City, as recorded in Plat Book l, Page 21, PubliC• ~ Records of St. Lucie County, Florida, said lots lying and being in the Fs'~ of the SE~ of Section 4, Toamship 36 South, Range 40 Ea.st, which lies Nozth of th¢ following described line: Commencing at the SB cornez of the above described land, and on Wesi.right of way of Oleander Avenue, run thence Notth along the Wesi riqht of way line of Oleander Avenue, a distance of 131.25 feet for the point of beginning; run thence West at 90 deg. angle ~ with right of aay of Oleandez Avenue, and parallel with the South boundary of the t above described land 91Q feet; Yun~thence Southwesterly to a point which is 20 feet North of the South boundary of said land, and 1060 feet West of the East boundary of said land, continue West parallel aith and at a distance of 20 ~eet froo the South boundary of the above described land to the East right of way of Citrus Avenue,i f ~ 2C ° STATE ~F F LO R~ D A< <t(o ~N PA`.MEI'tt 0~ T~~ ' nZ ~ OOCUMENTARY~` STI~MP i.A X I ~ ~~p~ pgppER~'1. c-~ ° pEPT_ OF REYEHUE .~r '•~~'t~ ON CIAS~'~' ~Nt~~~ 19~1• f Zr ~ _ ~ a: i ~ ~ ~ ~ 71'1~. ~S ~ ; - ~ ~~~,s•» - - _ 3 4. 6 5 1 ~t 1° ~ poRw~ ; ~ _ .Pe2 I ~ W~ ~r, ST. ux?E tu' ~ . . . . . ~ together with all and singulsr the tenements, hereditamenb and appurtsnces thereunto belo~ging or in anywise appertsininy the?efo, ~nd ~II renri, issues, { ; proceeds snd prof~ts acc?uing snd to accrue from s+id premises, all of wliKh ue i~cluded in the above and foreyoinp detcription ind h~bendum. F TO HAVE ANp TO tiOlD the sbove described snd gnnted premises unto the said MORTGAGEE, its successa+s ind ~uig~ forevei. And tiw said ' L h@ 17C ~ MORTGA R fw heirs, executon, edministraton and assigro, hereby toven~nts with the said MORTGAGEE, iri woteswn ~nd assipro, ` rhat t~ey `'~re lawful1 seized of the said s y p?em~ses in fee simple; thst the same are free, ckar ~nd discl»r9ed from ~II I'~ero and ~ntwrr : ` brances in law or in equity, and that they w~~~ ~ their hein shall warr~nt ~nd deferd the titl~ to ths wme to the s~id ~ g MORTGAGEE, its successors and assgns, forever ~gainst the lawful claims and demands of all penor?s; ~ ~ r ~ PROVIDED, ALWAYS shat if the MORTGAGOR shall psy unto tMe MORTGAGEE the promisaay note heteinbefore de~tribed and shall trvly, ptomptly i and fulty pe?form, discharge, execute, complete, comply with end abide by exb and evcry the stipul~tions, sgreemenh, conditwns e~d covenanh of said ~ promissory note and of thFs Mwtgage, the~ this Mortgage and Ihe Estate hereby ue+ted shall cesse and be nvll and wid. - ~ _ IT IS UNDERSTOOD thst the wwd "M«tgsgor" whether in the singular a plurai ~nywhere in thii Mwtgase, shafl be sirgut~r if one only and shall be plu+al jointly ~nd severatly if more then one, and that the word '"their" as used snywhere in tha N4oregspe ~hall be taken to mean "his,'• •'hen•• or "its;' wherever the context w implies a admits. Also, that wherever there is a reference in the covenann and agreemenb herein contained to any of the paMie~ hercto, the ssme shall be construed to me~n ss well as the heirs, tegal r~presenqtivas, wcceswn and suigns (eitF~er voluntary by M of tM - parfies w iovoluntsry by operation of tF~e lawl of the sart+e and that the covenanta herein contained shall bind and the benefits and ~dv~~ta9es uwr~ t ro the respective heirs, legal represeotstives, successos ~nd au~g~s of the pa~ties hento. And said Nbrtgsgws, for themselvei and their heirs, legal representstives, successors ~nd ~ssiyru, hereby joinHy and aeve~ally covenant ind ayree ~ to and with the wid MORTGAGEE, its successors and auignt: i 1. To psy all ind sinyulsr tt?e principal and interest and the wrio~s and sundry sums of ma~ey payable by virtw of uid p~omisswy note, and this mortgsge. each a~d every, promptly on the days respectrvety the s+me severslly become due. 2. To p~y ~II ~nd singuiar the tsxes, auesunentf, lev'~es, lisbilities, oblg+tions and encumbrances of every n~ture arid kind now on sak! dexribed property, w that hereafrer may be ;mposed, s~ffe~ed, plxed, kvied, w auessed thereon, or that hereafter may be levied a asses~ed ~pon tkis Mort~- age, or the indebtedneu secured hereby, esch snd erery, when due a~d payable, xcading to law, befo~e they becam detinqusM, ~nd befw~ ~~y interest 5 atraches or any penalty is inturred; AND INSOfAR AS ANY THfRfOf !S OF RKORD THE SAME SHAII 8E PROMPTLY SATISf1E~ AND DISCHARGED OF ; RECORD ANO THE ORIGIPSAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PAPER OFFICIALLY ENDORSEO s OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITH(N TEN DAYS NEXT AFTER PAYMfNT; a~d i~ 1he erent that any tl~ereof h not ' paid, sat'sFied and diuharged sa:d MORTGAGEE majr st any t~me pay the same or any pah thereof witfiout waiving or affectinp ~ny option, lien, equity a •~aht under o~ by virtue of this mortgage and the f~tl amovnt of e+ch and eve~y such payment ahall be immediately due and psyabte and shall besr interest ~ <<om the date tFureof uMil paid at rate of nfne per centum per anavm and to9elF~e~ w}i~ ~nterest ured by the lien of th:s morptaye. 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