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HomeMy WebLinkAbout2466 TNIS INDENTURE. Matl~ the 2~th day of '~uly A.D. 19 73 between Eciward S. Tho~s~n and (lsenda L. Tho~sor., his vrife of - SL. Lucie „ Covnfy Fbrida, hereinaf~er desgnared as tlu "MORTGAGOR;' ar+d FIRST FEDERA~ $AVINGS ANO IOAN ASSpCIATION OF FORT PIERCE. • cvrpwat~on orqsnized ~nd e:iu~ng unde~ ths laward:th~•IJn~~ed Sl~ai~Qf, ~ita ~nd havin~ iH principal place of busi~+s~ tn Ciry of _ fort Pierc~, St. l~ci~ Cow~ty, florida, hereinaha designarcd as 1~ "INORIGAGEE.` WHEREAS !h~ MORTGAGOR is justly indtbted b 11» MORiGAGEE in tha sum of ~ 2 5~ 4~ ~ , good and liwfvl money of the Un~ted S~ates advanced by tFk MORTGAGEE un~o the MORTGAGOR, as svideoced by a cer~a~o p?omisswy note of even dale herewith, of wh~ch the foltowing in wordt and tiyures is a trw copy. to-wit: s 2 S. 400.00 ~ I00~234 Fort Pie~c~. Florida. TU lY 24„~ 19 '~3 Fw value rcceived, 1, we or cither of vs, prom~se lo pay, without defalcation, to the, orde~ of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATIOsV OF FORT PIERCE at fort Pierce, fbrida, the sum of S 25!4~'~ w~th intcresf from date at the rate of8'?596 per annum, ~n monthly instatt- ~nen~s as follows: S 2~+~ on 1he 2~th ~y of vovee~ber ~973 a~d a like sum on the cwrespo~d~ng day of each month there- after until the whole be fully pa~d. Eath installmen! firs! shall be appt;ed in paymenl of the iMerest and ther? on the unpaid balance of the priM~pal .~um. If deiault ia made in tha payment of any installmcnt when due, and such defautt cont~nues 3p days, lhen at the option of the hotdcr, and without any other notice, all the remain~ng ~nsrallmcnts shaU be due and payabte at «xe. Privilege is given to prepay this note in wFale w in par! at any t~ms without penalty. Neiiher forebearancs, nw acctptance by the holder thcreof afte~ any defaulf in any payments F~ereon, shail be dcert~ed extension. A late payment cha~ge of 1 10~45sha11 be added lo each in~tal~ment remaining, unpaid 7 days aftN its due date, and a like sum shall be added to each such instaltment remainirr~ unpaid 7 days after each succeeding payme~t da~e. ~ Each make~, surery and endorscr hereof, jointly and u~o~ally, waives demand, qexMmeM protest and notice of protest for oonpayment, and further agrees to any extens~o~ of time of payme~t, e~rher before w aher matur~ry, without rwtKe to any of us; and to pay atl costs ot collection, inctud~ng • ~easonable atrorney's fee in the event of aoy defautt hereunder, snd hereby severatiy v~aives all benefit of homestead and e:empliort unde~ the constitWion and laws of each Sfafe of the United States, as aga~nst this obliyation or sny extension or renewal hereof, W~tness the hand and xat of exh party. (SEAL) -S1 Edward S. Thom~son ~AU cs~~u s/ c~renda L . ?hompson ~ ~ 38.10 ~ st~t~ R~~~,~ - ;savp..c.n..ud..n.~o:yiws4 .~.~1e) NOW, THEREFORE, the MORTGAGOR fo? the pwpose of sec~ring payment of said swn of S 2S~'~~•0O ~~nd fhe performance of tht covenants and agiecments hereinafter expressed, and fu d~vers good and vslwble ca~s~derations, by these pesents, does grant, baryain, sell, remiu, release, convey a~ confirm unto the MOR7GAGEE, its wccessws and assigns, ~II that certain bt, piece or parcel of land, situate, lying, snd being in the County of St. LuCle ~ and State of Florida, deacr;bed as fdbws: Lots 1 and 2, F31ock P, ~3ARAVILLA FS'TATES, as per plat thereof on file in Plat Rook S, oage 77, of the public records of St. Lucie County, ~lorida ~ STATE ~F FLC7RIDA ~ a ~ ~ 7 DOCUMENTARY~~.-;t STAMP T l~ ~ QA,~M~ ?£R\Yr c-` ~ pEPT. OF REVENUf s' ~ 4- = aA ° ,:.t 2b'73 ; ~ . " 3 8. ~ ~ ~ G`8~ ~~~`O~~y~ r' o ~ ~ ~ „Z ~ ~ [a.""~ ~ ~,lSER 11~\~W~-~ ~V~ pU~~j t0 ~~E~ j Sj, l~ . . . . . - ~ ~ ~aK C~t~~j ~ ~s"' _./J" togefher w;tb sU snd singul~r the tenemenb, hereditamenb ~nd sppurtsnce~ there~nto belw~ging or in anywise spp~rtsining tt~eto, and all rents, iuuea. proceeds ~nd profib ~cc?uing and to acuue from ssid pre~n"~ses, all of which ue included in the ~bove snd foreyoirg dewiption snd habendum. TO HAVE AND TO HOID the sbove described and granted premises unto the said NWRTGAGfE, its suaessors snd auigns forewr. Md the said MORTGAGOR for t hQl t___ ~~~s, execvton, sdministreton and a ns, her uig eby covenants with the aaid MORTGAGEE, it~ waeswn and asti~% that ~hQ3L ?Yg--- lawfuily se~zed of the said prem;ses in tee simple: that flw asme ue free, ckar and dixharged from sll lier~s and ~ncvm- brances in law or in eqviry, ar+d that thPV „~,;p ~ their hein shsll wurant and defend the title to the same to the said MORTGAGEE, its successors and augm, faever sgainst the lawful claims aod dem~nds of all persons; PROVIDED, AlWAYS that if the NI1aRTGAGOR shall p~y unto N+e MORTGAGEE the promiswry note htreinbefwe desvibed and sMlt ttuly, promptty and iuily periwm, dixh~rge, execute, compkte, comply with and ab7de by each snd every the stipvlatio% agreemcnri, conditions and tovenants of uid i prom~ssory nore and of th~s Morrgage, ~hen this Mortgsge and fhe Eatate hereby veated shatl cease a~d be r?ull and void, - IT !5 UNDERSTOOp that the wad "Mort9sgw" whether in the singulu w plwal anywhere in this Mortgage, shsll be singular if one only and shall be plural "pimly u~d severally if._more thsn o~e, a~d that the ward "the'u" as uset! anywhere in the Mortgage shall be taken to mesn "his,•, ••hen;• or ^iri;' wherever the context w implies or admits. Also, thst wherevet there is s reference in the coven~nri ~nd sgreemenri herein cont~ined to any of the psrties hereto, the same shall be construed to mesn ss well ss fhe heirs, kgal reproseM~tives, sutcessors and suigro (eithe? voluntary by ~cf oF the parties o? involuntary by operation of the law) of tt~e same and that the covensnri herein contained shall bind sr~d rhe benefin ~nd advanf~ges inun !o the respectire heirs, kgal representatives, succeuas and ~u~gro of the parties hereto. And said Morfgagors, fw themselves snd their hein, legal representatives, succeswn and ~uigro, hereby jointly and severatfy wvenant and agree to and with the said MORTGAGEE, its successors and suigns: 1. 7o pay all and s;ngular tfx principal snd imerest and the vario~s snd sundry wms of moneY paYabk by vi?tue of said promissory rtote, and this mortgsge, each and every, prompty on the days respectively the same severally become due. 2. To pay all snd singula the taxes, assesunenri, tevies, lisbilities, obligstions ~nd encymbr~nces of every nature snd Rind now oo taid described Property, or th~t herufrer may be imposed, svffe?ed, plxed, kvied, a ~ssessed thcreon, ot that hereaiter may be kvied w assessed upon th~ Mwt9- age, or the intkbtedneu secured hereby, each and every, when due and p~yabk, accwding to I~w, before they become delinquem, ~od befwe ~ny interpt atraches or any penalty ii incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THf SAME SHALL 8E PROINP?LY SAIlSFlED AND DtSCHARGED OF RECORD AND THE ORI(ifHAl OFFICIAI OOCUMENT (SIKH A5, FOR INSTANCE, THE iAX RECEIPT OQ THE SATISFACTION PAPER OFFIt1AllY ENDORSED OR CERTIFIED) SNAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event Ihat any tlxreoi is not paid, sar'sfied and diuh:rged u:d MORTGAGEE may at any t~mc pay the same w any part thereof without w~iving w affecting any option, lien, equity or •~aht under w by vir~~e of th;s morrgage and the full amou~t of each and every such payment shall be im.nediately due and payabk and shall besr interest s•om the date thereof unti( paid at rate of n~ne per centum per ann~m ~nd together w~~NK'~iV, ~f ~~~Y the Iien of th:s morgtspe. - ' ~I ~ ~ ,~~i r ~ a ~ ` . ~ 3 , ~ ~ : ^ z ' ,~."r'~-'~~`~~`~~-~