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Home My WebLink About0301 26~4s0 TNIS INDENTURE, Mad~ ~ha 17th d~y of 'Ju~y A.D. 19 73 betwNn AP~RICAN HOMES b MORTGAGE, INC., a Rlorida CoYporation of 5~ • LuCig County Florida, fisr~inaft~r de~ignated +s tM "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporalia~ ory~nizcd and existing unda 1M laws of tM U~it~d Slatts of Ame~ic~ ~~d Mvirtp i1s pri~cipat pbc~ of buii~ in tM City of fwt Pi~c~, St, lutk County, florida, hsteinaiter d~signued a~ tM "MORTGAGFE." e, WHFREAS Ihe MORTGAGOR is jwtly indebt~d ro th~ MORTGAGEE !n the sum of = 31f ~0~~ good +nd Iswiul money oi the Un~ted ~ ~ States adwoced by tM MORTGAGEE umo the MORTGAGOR, ss evideoced by a certain promiuwy nott of even date herewith, of which the toltowi~p in wordi and f' ures is a trw copy. ~owtt: ~ = 31, 60~•00 ~ ~,M10020205 fort Pkres. Fb.~,. July 17 ~93~... \ For value received, 1, we w either of us, promise to pay, wi~hout defalcation, to the order of FIRST FEDERAL SAYINGS AND IOAN ASSOCIATION OF FORI PIERtE at Fwt Pierce, Flwida, the s~m of S 31~ ~~~OO with intereat Irom date st the rate of per aonum, in monfhly ~nstalb S ments at follows: Z 270~~ on the 2Oth day of ~tober ~~9 73 and a like ium on the corresponding day of each month there- ~ afrer until ~he whole be fully pald. ~ Each instaliment first shall be applied in payment of the interest and then on the unpaid balante of the prinup~l sum. If detsult is msde in the ~ ~ payment of any installment when due, and such default continues 30 days, then at the option of the hotder, snd without sny other notice, all the remsining ~nstallrnents shall be due snd payable at once_ Privilege is given to prepay this note in whole o? in part at eny time wilhout penalty. Neifixr forebear~nte, ~ nor atceptance by the holder thereof after any default in any payments hrreon, shall be deerr+ed extens~on. A I~te payment charge of j 13_! r~ shall bt added to each installmenf remaining u~pa~d 7 days after iri due date, snd a like sum shall be added to each such insta{Iment remaining unpaid 7 dsys after _ each s~cteeding payment date. ' i Each maker, surety and endwser hereof, joinlly and severally, waives demand, presentme~t protest and notice of protest fo~ nonpayment, snd funher ~ agrees to any extension of time of payment, eitF~er befwe w aiter maturity, without notice to any of us; and to pay all cosh of collenion, includin~ a ` reasonable attor~ey's fee in ~he event of any defauft hereunder, and hereby severally waives all be~efit of homestead and ezemption vnder the constitufion ~ and laws of each S~ate of the United States, as against this obl+gation a any extension w renewal hereof. ; w~tness +he hand and seal of each Party. AMERICAN HOI~~S & MORT~GAGE~ INC• ~ ~Aq Corporate Seal Affixed BY: Willian A. Andera~n. ~?U Pres ~ ~ ~ ATTEST: S/ Verna L. Anderson~ ~ ~ $4~.40 ~ state ae~~?~ . Secretary ; (t,~«wp...w.~ilsd-ow~o.~~wwF~~Ae} ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 31~~0~0~ , and fhe performance of ths covenants and agreemenq hertinsfter expressed, and fw divers good ~nd valuable ca?~'ederations, by these presenis, does gram, barpain, sell, remite, ; release, convey and confum unto the MORTGAGEE, its successors end +uiyns, all that certain lot, piea or pucel of land, situate, lyinp, and beiny in f1+~ ~ i County of St• L1iC~@ ~ ~nd State of Flwida, described ~s follows: Lot 15~ Block 1~4~ LAKE~JOOD PARK, LTIIT 12A~ as per plat thereof on file in Rlat Book 11, pages 35~ 36, and 3~~ of the public records of St. - s Luci.e County, F2or~da ~ i : ~ f ~ s ° ~ ATE ~F FLC3F~~DA ~ ~ ; : ~z ~ DOCUM~NTARYf ~-~.`ti',~,,STAMP 1nx ~ ~G E~o~ Q~~n, ; z c ~ DfPT. OF RfVfN1JE f' ~ ~ z' ` PE~~O ~ ~ - ~~~~e= 7~ ~ 4 T 4 0 1 ~ \8~~' pC~S E w' ~ ~P ~ 2r ~ ~ ~ '~-`1,~~E~ 1'~3~ c~' E~'' s ° R~'pti ~ t~'"' Et L~~~ ~ . . . . . D1Jf._,`,~ R0~ J~1, 5~' t~'_ fA ~ ~ ~~K ~~~~t ~ ~ ~ ~ t ( together with all and singu(ar the tenements, hereditaments and ap~w?tarxes thereunto belonging w in anywise ~ppe?taininq thereto, and all rtnb, issues, ; proceefll and profits acauing snd to acnue from said premises, all of wFiKh sre included in the above and fweyang dexription ~nd habendum. s TO HAVE ANO TO HOLD the above dewibed and granted premises ~nto the wid MORTGAGEE, its wccetsors and ~uigns fotev~r. Md tlw said ~ MORTGAGOR or lts - heirs, executors, administrators and sssigns, hereby covens~ts with ihe ssid hWRTGAGEE, in successws and as~ipru, ~ that it ~S lawfully seized of the said prcmises in fee simple; that fhe ssme sre free, dear and disci+irged f~om al) liens and sncwrr ; brances in lsw or in equity, a~d that lt w;lt and lt5 hein ~hall wanan! and defend the title fo the asms to the s~id ` MORTGAGEF, it~ svccessors and auigns, fwever against the lewful claims and demsnds of all penons; = PROYIDED, ALWAYS that if the MORTGAGOR shall psy vnto the MORTGAGEE the p?omiuory eote he?einbefore destribed and sh~ll truly, p~omptly ~ and fully perfwm, diuMrge, execute, complete, comply with and abide by eacF~ snd every the :tipulafions, apreements, conditions snd covenanri of said ~ prom~ssory nore and of thi: Mortgage, then this Mwtgage and the Estate hereby uested shall oe~se and be null and void. i ? !T IS UMDERSTOOD that the word "Mortgagor" whdher in the singular or p~ural anywhere in this Morty~ge, shall be sinpul~r if one only u~d ; shall be plural jointly snd severally if more thsn one, a~d thst the word "their" ~s used anywF~ere in this Ntortyage shalt be taken to mean "his; "'hen;' ? or "i»;' whereve? the context w implies or admitt. Also, thal wixrever there is • reference in the coven~nn and ~reements herein oontained to arryr of the partiea hereto, the same shall be construed to mean as well as 'the fieirs, legal tepresentalives, succeswn snd auigns (either volunlary by aet of th~ ~ partief or involuntary by operation of the law) of the same and that the covensnts he~ein conlained si~all bind and the benefib and advanf~es inw~ ~ to the respective he'us, legsl representativa, succe~sors a~d sss~gns of the psrties hereto. :s And said Mwtgsgors, for themselves and their hein, legal representatives, successors snd aaiyns, hereby jointty and severally cove~ant ae+d ~y~ee _ ro and with the said MORTGAGEE, its successors and assigns: ~ 1. To aIl ~od si ular the mti 1 and imerest and the wriovs and su psy ng pr" pa ndry svms of money psyable by vivtue of s~id promiswry note, and tha r mutqaye. each and erery, promptly on fhe days respect~vely the same severally become due. 3 2. To p+y all u+d singular the tsxes, assessments, levies, lisbiliiies, obligstions ~nd encumbrances of ev~ry nawre and ki~nd now on said dewibed ~roperty, or thst heresfter may be imposed, sufiered, placed, ievied, w assessed thereon, ot that hereaftei may bs levied w usessed upon thia Maty- ~ age, or the indebtedness secu?ed hereby, esch and every, ~rl~en due and payable, xcordiny to Isw, before they become delinquent, snd befon a~y interes~ ~ ntrtches w a~y penalty is i~cu~red; ANO INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGfD OF RECORD AND THE ORIGINAL OFFICtAI DOCUMENT (SUCH AS, FOR INSTANtE, THf TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAI~Y ENDORSED ~ OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that ~ny thereof is ~ot paid, sat'sficd and dixharged sa:d MORTGAGEE may st any time pay the same or any part thereof withour w~iv;nQ w affectir~ ~ny optio~, lien, eq~iry a ~ •~~ht under or by vi?tue of this mortgage and the full amQU~t of esch and every such payment shali be immediately d~e a~d payabk and shall bear intsrdt j~om the date thereof until paid at rate of nine per cent~m per annum a~ t4 ~uch int ~G?`/ s be secured by the lie~ oi tk:s mwytaye. 8~(,~'~ f'd~c ir - . & ~ . .