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HomeMy WebLinkAbout0513 26058 5 TNI$ INDENTURE, Mad~ Ihe ist d~y of AU9US'C ~ A.O. 19~ betw~en Lawren~e C. Mi21er and Janet L. Miller~ his wife of St • L1~C~@ C~~ F~~;~~ y~einsftN desgn~ted ~s tM "MORTGAGOR;' and FIRST FEDERA~ SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE, • corporatioe~ a~ani:sd and existin~ w~der IM laws of tM Unit~d Stat~s of /1m~ric~ ai+d havi~p iri principal pl~c~ of busin~u in tM City of Fort Pi~.c~, St. luci~ County, FIorW~, hKSinaftfr dKiynated a~ th~ "MORTGAGEE." WHEREAS tM MORTGAGOR a jwrly i~debr~d ro tht MORTGAGFE In ths sum of ~ 8 ~6~•00 yood snd lawful money of the U~1ted Srata adwnced by ths MORTGAGEE unfo ths MORTGAGOR, as e~ide~ced by a ctrtai~ promiuory note of even date Mrewith, of wluch.t~e followinp in word~ ~nd fgu~ts is a trw copY. to-wit: ~ s $ . boo. oo . ~~OO~t0261 - forf Pi~ro~, Flaidai, AU9L18t L 19~_ Fa value received, 1, we or ei~her of us, prom~se t_opa y, without defalcation, to ths orde~ of FIRST FEDERAI SAV113GJ' AND LOAN ASS~CIATIJN OF FORT PIERCE at Fort Pieres, Florids, ~he sum of = 8 s 6 W• OO with ioreresr from d~re at ~hs rate of 8• 9% pe~ annwn, in monthly instal4 ; mentt u follows: =78 • 00 pn the 2~L~1 ~y of September ~ ~9 73 and a lik~ ium on the co~reipoad~ny d+y of each month therr ~ after untit the wlwle be fully paid. , . ' j Each instsllment first shall be ~pplied in payment of the intere~t and then o~ ths unpaid bal~oce of the principal s~wn. . If default k made ln ths ~ payment of any inatallment when due, and such defavlt continvei 3p days, then at the optioo. of ths holder, snd wilhout any other notite, ~II the ranaininq ~ns~allments ihslt be due and paYabk at once. Privileye is given to prep+Y this rate in whole or in pa~t af ~ny time witFw~t penalty. Neither forebearance, nor actept~~te by the holder thereof ~fter ~ny defaulf i~ any paymenn hereon, shatl be decrned extension. A late payment th~rpe of S 3• 9O - sh~ll be added to each installment remainir?g unpaid 7 days aftet its dus date, snd ~ like sum ahall be added to esch such ioslallment rert?aininp unpaid ~ days after each s~cceading paYment date. ' . Each maker. surety and endorser hercwf, janfly and severally, waiva dcrosnd, {xesentmrnt protest and notice of protest fa nonpayment, and further ag~ees to any exfension Of time of payme~t, cither before or after ma~uriry, without notice to ~ny of us; and to pay all costs of collection, irxludinp a reasauble attwney i fee in ths event of aoy defwlt he~eunder, and hereby severally waivea atl benafit of homestead and exemption u~der the co+»titution ar.d Iaws of each State oi ths tl~ited States, as against this obligation w any extenaion or rcnewal hereof. Witness the hand ar~d seal af tuF? pa~ty. ~ ' s1 Lawrence C, Miller ~q cs~?u S/ Janet L. Mi22er ~ $12 ~ gp ~ (s~?U s ~ sr~re aevenve ~ {6?~ ar~wRtsat~ a~RF+awF . NOW, THEREFORE, the MORTGAGOR for the pu~pose of aecuring payment of said sum of S$~ 6~• 0O snd the perfwmance of th~ covenanq ~nd ayreeme~ts he~einafier expreued, and (w divers 9ood and wlwble conside~ations, bp these presents, does grant, bsrg~in, sell, remise, releass, convey and confirm unto the MORTGAGEE, iri s~ccessors and ~ssign~, all that censin {ot, piec~ w parcel of land, situate, (yinp, u~d beirg in ths County of St .~.11Cie ~ a~d Stat~ of Flwida, dewibed as fdlawt: Lot 9, Block 15, PARADISE PARK, as per plat thereof on file in Plat Book 8~ page 17, of the Public Records of St. Lucie~County, Florida, t~~ R~` 1'~ ~A~1'`~,~. ~y;;. G~g~" 3q. ~ E~' . ~ ~ e~~s o~ , t4~ ? c~,.. C ~N ~t' ~`-r' ~t~ ° STATE ~F ~LURlDA ~ ~,~~d~oc~'Q~~~~t p"~~.~- c~= ~OCUMFNTARY~.~~.STA1~~ Tt~X ~ d,yc,~ t`~ ~.•J"., °c-" " DEPi.Oi REYENUE I~ • i ! J~'' G~\~ ~ ~ \ ~ - ~ ,,.:w-i'73 s• : . ~ ~ Z. 9 ~ ~ r~ 't~ ~n o = tP 2 ~ ~ i i rogether with sll snd singutar the tenements, heredibmen» and app~runces thereunto belongirg or in anywise appertaini~ tbereto, and all renn, iuues, j proceeds and profits acvuir+g and to acaue from said premises, all of which are intluded in the abov~ and foregoirg desviptan ~nd hsbend~m. s i TO HAVE AND TO HOID the sbove desvibed snd yranted prcmisea u~to the taid MORiGAGEE, its suaesson and ~ui~ro foreve?. Md tlw ssid ; 1J~ORTGAGOR fw t he i r executon, sdministr~tws and ~iigr+s, her~by coven~nn with the s~id MORTGAGEE, its suaeston ~nd saupm, ' rhat t-~~~e - lawfully seized of the said premises in fea simple; that tM same are free, clear and discMryed from dl Ikro uid encum~ brances in law w in equiry, and that they witl snd theiz ~~!I wurant ~rx! defend t}r titlt w the sam~ to th~ said ~ MORiGAGEF, iq s~cceuors and auigns, fwever agsi~st the lawful cla'uns and demands of •II persons= PROVIDED, ALWAYS that if the MORTGAGOR shill pay ~nto the MORTGAGEE the promistory note heteinbefqte tkxribed and shall truly, promptly a~d fully perfwm, discharge, e:ecute, tampiete, comply with and ab~de by esch and everyr t!?e stipulsrions, agreements, tonditian ind coven~nb of said promiuory note and o? thes Ma~tgage, then this Mat9sge end the Estate F~ereby aested sMll ce~s~ and b~ null and void. IT IS UNDERSTOOD tlut the wwd "Mortg~gor" whether in the singubr w ptwal anywhere in this N4ortg~pe, sh+ll be sfnpulu if on~ only ~nd shall be plural jointly and sever~lly if more than one, and tMt the wo?d "their" ~s used anywhere in tha Mortgaye shalt bs taken to me~n "hb •'iien ~ ~ or "ia;' whereve? the context ~o implies a admi~s. Abo, tF~af wherever rhe.e is s refe.enc~ ~n rhe coven.nn u~d ayreemenn herein oont•in.d to any of the parties hereto, the ism~ shsll be construed to mesn ss well as the hein, leyal represenbtives, successors and assi9ra (eitha vol~ntary by sct of tM parties or involuMSry by opention of the law~ of t!x sams and thar the covena~ts heiein tontained shall bind and the b.nef~n and .dvae+~syes tm,n fo the respective Fiein, legal representatives, succesiors and ass°gns of the p~rtLes hereto. Md said Mwt for themselves and their heir~. I al ~e ese~tstiva, sutcessors snd ~ss' m, her ~ ~ 9+9af, ~g p? g eby joiMly ~nd severally covenant and ~pr~e ~ fo and with the said MORTGAGEE, its successws and auigro: 1. To pay dl a~d sing~tu the principal and interest ~nd the wrious a~d sundry sums of money payibk by virt~e of said promiuory note, ~nd thit mortgage, each and every, prompfly on tl+e days respectively the same severally become due. 2 To pay all and singulsr the taxes, assesunenh, levie~, liabilities, obliy~Y~ora and encvmbr+nces of every nature a~d kind now on ssid desuibed ` ; Property, or that hereaher may be imposed, wffered, ptacFd, kvied, or ~:sessed the~eon, w that t~ereafre? may b~ iev;ed a asiessed vpon thb ~ sge, w tM Jndebtedness ~ccured hereby, each and every. wher? dve snd psyable. accordirg to Isw, befort they become delinquent, and befw~ sny int~e~it ; a~raches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPitY SATISFtEO ANO DISCHARGfD Of ~ RECOR~ AND THE ORiG1fYAL OfffGfAL DOCUMfNi (SUCH A5, f~R INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALIY ENOORSED ; ! OR CERtIFIE~) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~ the event that any thereof is not paid, sat:sfied and discharged sa:d MORTGAGEE m~y ~t any time pay the same or any part thertof withovt wsiv+nQ a sffeainp iny option, 1'~en, equity p •~qht ur~dei or by virtve of this mortgage and the full amount of e+ch and every such payment ~hall be immediately due and psyabk and shall be~r interest ~rom the date thereof until paid at rate of nine per centum per a~rwm ~ ~th such i 11 be setvred by the lien of th:s morytpe. 5~~1(a~~~. f ?'At;i ~ ~ _ ~ ~ ~ . ~ r~~t,