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HomeMy WebLinkAbout2180 2596?38 TNIS INDENTURE, Mad~ the 9th day of -Jul~l . A.D. 19= 3~ between Stephen C. Saonle and T*•>>a M_ Sa~1~ hi~ ~ifo of . SL . T.UCl@ ~ ~ounty Fiwida, Mreinafta d~~ignated as tM "MORTGAGOR," • and fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE, • corpwafion w9~~i:ed and exiitinq unda 1he laws of tM United Stat~~ of I?nk~ic~ ~nd havlny iri prir~cipal place of bu~in~u In ths City of Fon Pi~ra, St. l~rcis County, Plorid~, hc~ain~fier deiiynated ~s tM "MORTGAGEE." WHEREAS IM MORTGAGOR is jvitly indsbt~d ro th~ MORTGAGEE in the sum of i 30 i 000. 00 Iawful ma~ey of the Un~ted States advanced by tha MORiGAGEE unto the MORTGAf~OR, as evidenccd by a certain promiuory not~ of even date herewith, of which the followinp in ` s Q~~s' ant~ 1py({~ it a trw copY. to-wil: _30 0OO VV ~ 10020I56 . Fo.t Pferc.. F~atd+. Ju1y 9. 19 73 ~ , Fw value received, 1, we or either of us, prom;se to pay, without defalca~ion, to the orde~ of FIR$T FEDERAt SAVINGS ANO LOAN ASSOCtATtON OF ~ FORT PIERCE at Fort Pierce, Flwida, the sum of = 3O~ Q~ with interest from date ~t the rate of 8•~ 46 per a~rtvm, tn ~onlhly-:nsialb ~ ments aa tol!ows: S 232. ~ on tF?e 2Oth day cf October ~9 73 ~od a tike sum o~ the caresponding day of each mo~th .he~e- efrer until ths whole be fu1ly paid. EatA installment first shall be applied in payment of the interest and then on the unpaid balance of tha printipal sum. If d~fauh is made in tha payment of any instrllment when due, arid such defauh coniinues 30 deya, lhen st the optio~ of the holder, and w~thovt ~~y other notice, sU the remainir~y ~nstaltments shatl be due and payable at once. Privilegs is given to prepay this oote in whole w in part at any time without penalty. Naither fwebea~ance, . nor accepta~ce by the holder thereof aiter any default in any paymems hereon, shall be deemcd extension. A late paymcnt charge oi s 11. 6~ sh~ll be S ~ added to each installme~t ~emain~ng unpa~d 7 days aftel its due date, and a like sum ahall be added to esch such installment remaining unpaid 7 day~ after ~ eacF~ succeeding payment date. { ~ Each make~, surety and endorscr hereot, join~ly and uverally, waives demand, presentment protest and notice of protesl for nonpayment, and further ~ ~ agrecs to any extensan o4 time of payment, either before w after maturity, without notice to any of us; and to pay all costs of coHectioa, inctud~ng a ~ reasonable attornry's fee in the event of any defau~t hereunder, and hereby seve~ally wsives all benefit of homestead and exemptio~ under the constitution ~ \ and laws of each State of the United States, as againat this obligation w any e:te~iron a renewal hereof. ' j Witneu the hand snd xsl of each party. { ~ 5/ Stephen C. Sanple ~U ~ ~ ts~?U S/ Trula M. Sample , ~ ( +~5•0O ) Stats Rcvenue ~u ~ ti pmwpsaa~Afd~s~~t~~~ ` NOW, THEREFORE, ~he MORTGAGOR fw the purpose of secvring peyment of said swn of S 3O a~0• O0 ~nd the performance of ths covenanb and aQreemcnts hereinafter expreued, and fa divers good end valwble consideratioas, by these prese~ta, does grent, barqsin, sell, remise, release, convey and confirm unto the MORTGAGEE, iri sutcessors and auigns, all that certsin bL piece w p~rcel of tand, sitvate, lying, u+d beiny In !hs ; v County of SL. LilC16 ~nd State of Ftwida, described ~s follows: ~ ~ ~ t ~ Lot 25 A.~TD ' The E'~ of Lot 26, RIVER OAK ESTATES, said property being more particu2arly described as the 41.5 feet of Lot 26 lying adjacent to Lot 25, and extending to a line connecting and bisecting the front and rear lot lines of Lot 26, as per plat thereof on~ile in Plat Book I6, page 5, of the public records of St. Lucie County~ Florida v ~ STATE ~F FLO~lC~A ~ ~ ' ~ DOCUMENTARY STAMP iAX ~ oFT1?)(fS , c°-` ~EV7. OF REYE11lfE c ^ IN MYMFNT i ,t, _ _ i ° RECL~~ IfRANCIBIE PE?~~;~~L P?C''ER(Y~ ~ - ee. °••0~3~'73 ' 5. Q Q`. DUE ON q~~ ~1ER 71.134. l1~iS OF 191~~ ~ 4 ~ ~iiot ~ ~ pp~p~ PORMS ; f a~A1t t1I1~ ~j~ Si. Wc~E c0~ FU?~/i~ ; . . ~ i ~ ~ ~ t ether with sll and si ular the tenements, hereditaments +nd a rtances thereunto be ~ or in an ny ~ og ng ppu long'ng ywise appcrtaini thereto, and dl renri, iuves. i proceeds and profits acv~irg and to acvue from said premise~, all of which ~re inctuded in the ~bove and forsQoinp description and habendum. ~ ! TO HAVE AND 1 HQtD the above described and gran?cd premises unto the said MOR7GAGEE, its successors ~~d ~uigro fo~eve~. And tM aaid ~ ` MORTGAGOR for t elr hein, executors, adminutrators and ~ssigns, hereby covenann with the said MORTGAGEE, in suaessws and assiqro, • € rhat the +~are _ ia~t~nY x;Z~d of the said prem~ses in fee simple; that tF?e ssme ~re free, ck+r and discharged from sll liens and ~ncvm~ ~ ~ brances 7n law a in equity, snd thst t he y W;II and t he i r h~in ahall warrant snd d~fend /M titk to th~ sam~ to the said ` MORTGAGEE, its successors snd assigns, fwever agsinst the lawfu~ claims snd demands of dl persons; j t PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the N~ORTGAGEE the promissay eate hereinbefore dexribed ar~d sMll fruly, promptly ar.d fully perform, d~scharge, execute, canplete, comply with and abide by each and every the stipulstio~, syreemenri, tondiYarts and covenanri of said pra~nissory rate +nd of fhis Mortgage, then this Mo.tgage and the &tate hereby ve~ted shall ceue sr+d be rwll and void. ~ IT IS UNDERSTOOD thst the word "Mortgs$w" whcther in the singular or p(wd anywher~ in this N~wtgage, shalt be sirgular if one only and ~ shall be ptural jointly and stver~ily if mwe ihan one, and thst the word "their' ~s used ~nywhere in this Mwt9~ge shall be taken to me+n ••his; •„hers; • or "its," wl~erever tF~e context so impiies w admits. Also, that wlxrever there is a reference in the coven+nb ard apreernenri herein contained to ~ny of ~ ehe parties hereto, the same sha:l be constrved to me~n as well ss the heirt, lega) represtnqtivet, suaessors and auigns (eitha votuntary by ad of tM ~ ~ pa~ties or involuntary by operation of t1ro Iaw) of the ssme and that the covenants herein coM~ined shsll bind and the bensfiri and adv~ntpes trwr~ f ro the respective he'us, {eg~l represent~tives, successas and sss~gns of the panies hereto. ~ And taid Mortgsgors, for themxlves and their hein, legal representatives, ~uccessws ~nd assigrts, hereby jointly and severally coven~nt and aQ~ae ~ ~ ro and with the iaid MORTGAGEE, its :uccasws and assigns: i 1. To psy all u+d singul~r fhe principal and interest snd the varian ~nd sundry wnu of money paYable by virtue of said promissory note, and ihis'^ ~ ; mwtgage, esch ~nd every, promptty on the days respectively the ssme severally become due. Mi? ~ f 2. To pay all and siogutsr the taxes, assesunenn, levies, tisbilities, oblig~tions ~nd encumbrances of every ruture and kind raw oo s+id desuibed I property, a tMt heieafter msy be imposed, wffered, placed, levied, a astessed tF~ereon, u th~t hereafter may be tevied w assessed vpo~ this MortQ- `~R g ' age, w the indebtedneu iecured hereby, each ~nd every, when due ~nd pay~ble, xcwdirg to Iaw, before they become delinquent, a~d befor~ am interest ~q arraches or any pena(ty is inturred; AND INSOFAR AS ANY THEREOF !S OF RKORD THE SAME SHAIL BE PROMPTLY SATISFIED AND OISCFURGED Of 0 t RECORD AND THE ORIGlNAI OFFI~IAL OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR 1FIE SATISFAC110N pAPER OFfICtAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIp MORTGAGEE WITHtN TEM DAYS NFXT AFTER PAYMENT; and in the evcnt 1Msi any thereof is rat pard, sat'siied and d7xharged sa:d MORTGAGEE may st any time pay the same o~ any psrt thereof without waiviny w sffectinp any option, lien, eq~ity or ~~qht ur+der or by virt~e of this mortgsge and the full amount of each snd every such payment shall be immediatety dve and payabk and shall besr interest ~~om the d~te thereof ~ntil paid at rate of nine per centum pe~ annum and ro4ether w~th auch intereit s.~.all be sec~red by the lien of tF?:s mor9tape. i z ~ ~ ~ . . . . - - ~ - - _ . . , - -~~...,x.~~:.ac,~'