HomeMy WebLinkAbout1539 ~ 259193
TNIS INDENTURE. Mad~ tFk ZOth day of ~nQ ' A.O. 19~. b~twNn
Burgha?rdt Schools~ Inc a a Conne~tiCut rnoration
of SL . L11C~@ Counry Florida, MlfiMffK dt~gn+ted as ths "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaation aQani:ed and exis~inp u~ iM (aw~ of tF» United St~t~~ of Aen~~ic~ ~nd havirp iri principal plac~ of
bu~u in th~ Ciry of Fat PiKU, St. luci~ Cou~ty, flaida, hereinafter d~aiynat~d 1M "MORTGAGfE."
WHEREAS tM MORTGAGOR u jvslly indebt~d to tM MORTGAGEE in tM :um of : 2O ~~0 • ~0 , pood and lawiul money of the United
Statq advanced by the MORTGAGEE unto ths MORIGAGOR, ~s evidenced by a ce~ta~~ promiuwy ~?ole of even date M~ewith, of wh~ch the (ollowirp In
words and fiyures is a trw copy, fo-wih
~Z~~00a-00 ~ 10020QS~
~ p~, F~o.~,, June 20 ~9Z~
Fw value ~eceived, 1, we or eithe~ of us, promise !o pay, without defstcation, to the ordar of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORi AIERCf at Fort Pieres, Florida, the sum of j 2O ~ with intere~t from date at the rate of 8• ~ 96 per annum, in monthly inst~tb
menq u follows: s155.0~ ~ 2~Lt1~y of ALLQ11St ,~q 73 ~ like sum on the correspondinp day of esch month therr
aftar u~tit the whole be iully paid.
Each instaliment (int shall be applied in psyment of the intcrest and thcn on rhe unpaid balance oi fhe p~indpa) sum. If deiavlt is made in the
paymenl of any instaltment when due, and such default continues 30 days, then at the option of the holder, snd without a~y otl?er notice, all the remaining
~nstallme~fs sMll be due and payabb al once. P~ivilege is given fo prepay this note in whole a in p~H at any time without penalty. Neither forebsanrxe,
no~ acceptance by the holder thereof after sny default i~ any payments hereon, shali be deemed extension, A lats payment cha~ge of s
7•?
S sh~ll be
added to exh ins?all,rient rcmiinirg unpa~d 7 days after iri dus date, and a Ifke sum shall be added to each such ins~allmem remaining unpaid 7 dsys after
each s~cceedinp paYment dste.
Each make~, wrety and endoner hereof, jointly and severslly, waives dcmand, prescntmcr~t p?otcst and notice of proretl tor ranpaymen?, and fvnhs~
agrees ro aey erlx~aipn of time of paymenf, eitlxr before w after maturity, without notice to any of vs; snd to pay all costs of coliection, lnclud~~y ~
reasonable atta q( a 4ee~~n the event of any default Fxreunder, and hereby severally waives ell benefit of homestead and exemption ur?der the constitution
and t~pvs~S~e1t~ 5t~1{fo~fty United States, as against fhis obligatan or any extension a rprtewa! hereof.
~:~~ir~~+ee ~ipa ai~~:e.~ oF ~h ~.r~. BURGNARD? SCHOOLS, INC.
;r~- ~ ; o - gy; Presit~~
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t~W; . REFOR~~ the MORTGAGOR for tl~e purpose of securing payment of s~id sum of = 20 f an~ the pe~formancs of tF+s
covM~an}i ~nd apreemenri hereinafter expressed; and for divers good and vafwble considerations, by the~t piesents, does gr~nt, bar~sin, se~l, remise,
relea~,` tonwy and confirm unto the MORTGAGEE, ib successors and ~ui9n:, atl that cenein bt, pieot or parcel of I~nd, situate, lyinp, and being in 1hs
Cou~ty of St. I.1iC1@ ' ~ gate of fbrids, describsd ~s follows:
l.ot 13, Block 79, RI1lER PARK, UNI? 9-C, as pez plat thereof on file in
Plat Book 15, page 28, of the Public Records of St. •Lucie County, Flozida,
b ~ STATE oF ~LORIDA ! °
~~Z OOCUMENTARY $TAMP 11.x t L~ 0 r~~•'~` -
° DEPi.OF REVEAIUE c,~- ~ F~~'~"` ~
u' _ q + ntVE~~ ` S.~• ItiS~+h~1J ~5 pF 1_11.c
-~c~ _ _..;.:18']3 J ~ 0 ~ Dl1E ON ~U" q4Ap~ER j1' ~S
- P9- " ~R~{S t0 ~~jt P01~ ~,4E C~. E1i~
. _ ° - ~ t ~ 92 - ` ~~j ~Aj~ SS.
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together with s8 and singvlsr the tenements, hereditamenb and appurtances there~nto bclonginy w in anywise +ppertaining thereto, and ~II rentt, issues.
; proceeds and profin xvuing ~nd to scnue from said premises, sll of wli~d+ are included in the ~bov~ and fore9ar~ descriptio~ ~nd Mbendum.
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TO HAVE AND TO HOID the ~bove desvibed and 9ranted premises umo the said MORTGAGEE, its wccessors snd ~uiyns forwa. Md th~ s~id f
' MORTGAGOR for lt~- hein, executon, adminiitrators end asi~gro, hereby coven~nb with the s~id MORTGAGEE, it~ suocestors and aatJpe~,
i
! ihat ---1~--- lavrf~lly seizcd of the s+:d premis~s in fe~ ~:m I~j th~t th~ sam~ W~ frK, clear ~nd diathar
P psd from all liera u+d Mcum~
brances in Isw or in eq~ity, and tF~st lt w;ll and ~t8 hein shall warr~nt ~nd defend the title to the same to the ~aid
i
MORTGAGEE, its successors snd auigm, fwever against the lawful claims and demantis of all perwr?s;
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PROVIDED, AtWAYS thst if the MORIGAGOR sh~ll pay unto the MORTGAGEE the promistory note hereinbefo?e destribed and shall truly, promptly
and fully perform, d~xharge, execute, compkte, camply wirh and sbide by each and every the stipubtions, agreements, conditian and ooveMnts of said
promissory note and of this Nbrtg~ye, then this Mortgsge and the Estate heroby ueated shall cease and be null and wid.
IT 1S UNDERSTOOD that the wwd "JNortgagor" whetlur in tfie singukr w pl~ral ~nywhere in this Mortpsge, shsll be sinpular if one o~ly a~+d
; nhall be plural jointly and severalfy if more than ons, snd that the word "their" as vsed snywhere in this Mortgps ahall be taken to mesr~ "his,,•• •'hen;'
o~ "its," whererer the context w implies w sdmits. Also, that whereve~ there is a ref~rence i~ the tovensnn and ayreements herein contained to ~ny of
rhe p~rties hereto, the s+me shall be corutrued 1o mesn ss well the hein, leyal representative~, wcceuws and auigro (either voluntary by act of tfit
rve
parties w invotun?ary by operatan oi the Isw) of the same and that thr covenants herein cont~incd shall bind .nd ~he benefin and +dvanrayes Inur•
ro the respective he~n, kgal represenatives, succeuws and au~yna of the parties hereto.
And said Ntwtgsgors, for tFKmselves and their hei~s, legal representatives, successors and auiyns, hereby joimly and sevenlly covenant and ay~~e
ro and with tF+e s~id ifAORTGAGfE, its successors and ~ssigns;
1. To pay alt and singvlar the prFncipal and interest and the various and sundry sums of money payable by virtue of said promissory note, ~nd this
mortgage, each uid every, promptly on the days respectively the sune severalty become due.
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2. To p~y sll and singvtar the taxes, assesunenb, levies, liab+lities, obliy~tions and enc~mbrancea of every n~ture ~nd kind now on s~id described
prope~ty, w that here+fter may be impo~ed, suffered, placed, kvied, a asses~ed theseon, w thst hereafta may bs levied w assessed upon this Mortg
sge, or 1M indebtedness secured hereby, each and every, when due and psysble, accordinp to law, befor~ th~y become delinqueM, and befwe ~ny interest
E attacF?es w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII SE PROMPTIY SATISFIED AND DlSCHARGEO OF
' RECORD ANO THE ORlG1NA1 OFfICIAI OOCUMENT (SUCH AS, FpR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIALtY ENOORSED
{ OR CERTIFIE~) SNAII BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the erent tMt ~ny thereof is not
pa~d, sat"ified and diuh~rged sa:d MORTGAGEf m~y et any rime pay the iame or any pan thereof withouf waiving w afiectirg any optan, lien, eqvity o~
•~qht under w by virtve of this mortgage and the full amount of exh snd every such psyment shall be immediately due and p~y~bk and shall bear interest
i irom the date thereof uMil p~id at rate of nine per ce~tum per annum and toyether wilh such interest iMii be secu~ed by the lien of th:s motytaye.
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