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HomeMy WebLinkAbout1535 " 261335 ?NIS INDENTURE. N4d~ tM._. l~h d+y of '.t Auquit , A.D. 19 73 bttw~ I.awrence Roy and Verna Roy hia wi~e r~; , i of St• LuCi@ . Cpunty Flwida, MniewhN dtafyn+ttd u tM "MORTGAGOR." ~nd FIRST FEdERI,~,~VINGS AN~ IOAN ASSOCIATION Of FORT PIERCE, ~ corporatioe orpani:~d ~nd ~xiairq uoda IM laws of tM Unit~d Su~~s of ArnKiu ~nd havlnp ib p~(~pal pl~c~ of busin~a M th~ Ciry of Fat Piau, St. lud~ Counry, ~IaWi, Mr~iewha de~ipnn~d ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly lnd~bt~d b tM MORTGAGEE tn 1M ~wn of ~23 ~ ~OO.OO ~ood ~nd lawful maNy of the Un~ted St~tq advanced by tM MORTGAGEE un~o tM MORTGAGOR. ~s ~vidsncad by ~ cKbin promitwry na1~ of even dal~ Mrwvith, of w1NC1~ tFw followinp in wads ~od f urq i~ • trw copY. ~o-wih ~ 23,~.00 ~ 10020325 . ~ Ph~. Auguat 10 ~y 73 For value ~eceived, 1, we w eitha of us, promiss to pay, wilhout d~faltafion, to the order of FIRST FEUERAL SAVINCsS AND LOAN ASSOCIATION OF FORT PIERtE al Fo~t Pierce, fbrida, the ~um of = 23 ~~0~ ~ with interes~ from date at ths rate of 8~ 7~ per +nnwn, in monthly inttall- ments as follows: = 190~ 0O ~ 1M 20th ~y of September y ~9 73 and a lik~ sum on the carespa?d~ny day of ead+ month therr afrer until the whole br~fully p~id. E+ch inaullmem first chall be applied in p~yment of tl» intetest and then on tM unpaid bilance of the printipal wrt+. If defauh b made in 1M payment of any installment when d~?s, and such dehuh continues 30 d~ys. than at tF+s optia~ of the holder, and w~~hout a~y otlier notice, all the remaininp ~nstallments shall bs due a~d p~yable at o~cs. Privile9e is yiv~n to prepaY this rate in whol~ w in pah at sny tims without penalty. Neith~? fortWaru~. nor ~aept~nc~ by the holder thereof after ~ny default in any payments hereo~, sMll be deemed extension. A late payment char~e of i 9~ ~ d++~~ b~ added 1o eath installme~t remaining unpaid 7 days aftK ib dw date, and a like :um shall be added to each s~ch u?stallment remaininp unpaid 7 days ahe? each succeedi~g p+yment date. EacA msker, wrety a~d erKlorser hercof, jointly and swaally, waiva demand, p~exntment protest snd notFp of protest fw ~onpayment, sod fu~tMr agrees ro any extension of time of psyment, eithN befwe or after mawrity, without ~otice to any of us; and to pay al) cosn of collectan, includin~ a reaso~abk attwney's fee in tF~e event of any default hersurxle?, and hereby sever~lly waives all benefit of homestead snd exemption ~ndK the cautitut'an and lawi of each State of tM United States, ss against this oblipation w any exterqioe a renewal hereof. Witness the hand and seal of exh party. . (S~?U s/Lawrence Rov ~q ts~?U s/Verna Rov ~ t $ ~ ~ 5O ~ Stat~ Revenua (6~~•o~w~ild~ wre~~iwd wete) NOW, THEREfORE, the MORTGAGOR for the purpose of secvring payment of ss~d sum of i 23 . s~d N+s Pe?form+~ce of tFN covsn~nq snd a~reemenq hereinafter expreued, and for divers ~ood a~d wlwble consideratior?s, by tl~es~ preunt~, does y~a~t, barp~in, selt, remiss, release, convey and confirm unto the MORTGAGEE, its svueswn and assi9ns, all that ce+t~in bt, pieu a puoel of land, situate, lyinp, and beirg in 1M County of St • L11C~@ and Sts» of Florid+, d~wibsd u fdlows: Lot 15, 31ock 4, TROPICAL BBACH SUBDIVISION, Blocks 3 and 4, as per plat thereof on file in Plat Book 10, Page 9, of the Public Records of St. i.ucie County, Rlorida, ~ ~ i r N S TA oF ' ~ o= DOCUMENtARY ~L'~ ~ ! ~ N Df P"T. ~ ~ OF RfYENI E i~' ~y .;;'S TAM P Q ~ ~ ~ ~ ~ ~ ; K~ o= P 2= ~:~~3 ~y j. ~ 3 4 5 0 j ~°t;o ~ ~ ~ - . _ ~ ~ ~N~+ ~ ~ a1~11T OO~I~i~1~IClE ~ ~ together with sll and sinqular the tenements, hereditaments ~nd appurt+rxes tMreunto be:ongug or in anywite ~ppertainin~ therefo. ~nd dl renn, hsu~s, p.oceeds and profits scauing and to sccrue fran said premises, all of wFi~ are incl~rded in tM ~bove and forayanp dssviption ~nd habendum. TO HAVE AND TO HOLD the sbow described and granted premis~s unto th~ said MORTGAGEE, ib wa~uors ~nd ~uiyro for~v~r. Md th~ wid MORTGAGOR for their ~~n, executon, adminatrators and auiye?s, hereby coven+nn with the ~aid MORTGAGEE, its waeswa ~nd assipra, ~hat they are lawfully seized of the said premises in fee simple: that th~ s~me u~ frN, cle~r and~dischu~ed from dl Ikm and ~nev~ ~ bra+xes in law w in eqvity, uid that they will and theiY hein shsll warram .nd def•nd rM ri~k ~o rhe sur~. ro M~. wid MORTGAGEE, its succeswrs and auigns, forever against tht lawful d+ims and demands of all pena»t ~ PROVIDED, ALWAYS tMt if the JWORTGAGOR shall pay unto the MORTGAGEE the p~omissory not~ herei~before dewibed s~+d shall trvfy, promptly ' and fully perfwm, dixMrye, execute, compkte, comply with snd abide by e+ch and every the stipul~troia, ayreeenents, tonditiaa and oovenanb of ~aid ~ promiuwy rate ~nd of this Mortg+pe, then this Matgsge and ths Esute hueby aeated sh~ll ua~ and be nuU ~nd wid. ~ ~ IT IS UNDERSTOOD tFwt the wwd "Mortgsgor" whether in the singular or plwal ~nywMrt in this Mortg+pe, shsl) b~ sirgvlar if one only and ~ shall be plursl jointly and sevenlly if mor~ than one, and tMt tF~e wwd "tFieir' as ~sed anywher~ in tl~a Matpa~e slwll b~ tak~n to rrNan •'his,•• "hen," ;F w"in;' wherever the context w implies or sdmin. Also, tMt wlxreva thae is a referaxe in th~ coven+nq snd pnemend her~in aontained to any of the pirties hereto, the same shatl be cautrued to me~n as well ~s the F~eirs, Ipal representatives, suasssors ~nd ~uigra (either voluntary by act of th~ ~ parties or involumsry by operation of ths law) of the ssme ard that the covensnts h~rei~ cont~ined shall bind and the benefiri and advaMpp i~w~ ~ ro the respective heirs, legai representatives, successo~s and ass~ro of th~ paNas Inreto. ~ And ssid Mwtgagas, for themselves and their hein, kgal repr~scntatives, succeuors and ~uipro, hereby jointly and severally coven~nt ud ~yne ro and with tM s+id MORTGAGEE, it~ successors and +uigro: ~ 1. To pay ~11 ~nd sirgulu tM principal and interest u+d the v~r'~o~n ~nd wndry swns of mon~Y p~Y~bl~ by virtve of said promissory not~, and thq ~ morty~ye, each and every, promptly on tht days respectively tM same wv~rally batan~ dvs. ~ 2. To psy all ~nd ~inpuls? tM taxes, suessments. Iwie~, liabilities, obliysYwro and enc~mbnncea of ~very natw~ ~nd Wnd rww on s~id dacribed property, w that hereaha may be imposed, suffered. P~aced, levied, or auessed thereon, or that he~~aAer msy b~ levied w assesud upon /his Ma1Q~ ~ age, a tM indebtedness sewreA Fiereby, e+ch snd ~v~ry, when due ~nd p~yabl~, aaordiny ro law, befae tt~ey becane delirpuent, snd btfw~ any int~r~s~ attathes Ot afly plMlfy If Ir1CWIld; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED Of ~ RECORO AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY EN~ORSED ~ OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAIO RAORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the ev~nt that ~ny tF~wf i~ not ~ Pa~d, ia~'sfied and discharyed sa:d MORTGAGEE may ~t sny t~me pay the same or •ny part thereof without wsivirg w affectieq any option, lien, equity a t ~ •~aht under or by virtue of this mortgaye +nd the iull smount of each and every such payment ihall be immcdiately dw and payable and ihall bsar interqt ~~om rhe date thereof until paid at rate of nine per centvm per annvm and topHher with svch interest sF?dl be by li of th:s morytsye. . ~ oK~~`~ P~~Ei5~~ ~ - ~ : : = ~ - f c`'"'`. o'_"-~, G : ~ ~ k-~ ~~2is~~ }~.~.Y~ _ ~_.~._E~~~~ _._,~.3s~~