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HomeMy WebLinkAbout2322 ~ 2639~2 ~ tH15 INDENTURE. Mad~ the 31st ~y of Auau:t ~ q.p, ~y7~ ~ batween Nancy l.. S=i1h, a s t?yle ad t . of - St. I.nC~Q' „ Cp~nry Fbrid~, hereinaftK designsted as the '"MORTGAGOR;' ~nd FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • mrporation orp~nized and ~xistinp u~aer tF+~ laws of tM United St+t~s of Am~riu ~nd Mviag in pri~cipai piac~ ot butin~ss In ~M Clty of Fwt Pi~rc~, St. Luci~ Covnty, Fbrida, IN/IiMNf/ dssiyni)sd ai tM "MORTGAGEE." WHEREAS tlw MORTGAG4R Is jvitly ir?debted to th~ MORTGAGEE in ths sum of = ~7 ~ 2~ , 9ppd ~~d Iawful money of the United States advanced by ths MORTGAGEE unto tF~e MORTGAGOR, as evidenced by a c~rtain promiuory note of evm~ date herewith, of which th~ followiny tn wads ~~d (purq b• trw copy, to-wit: ~ = 27i200.00 ~ 10020393 Fwt Pierce, flwida. A~7llS L 31 19~~. fw value received, 1, we w either of us, promise to pay, withwit defalcation, to the o~der of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Forf Pierce, florida, the s~m of = 27 ~ 20O with interest irom date at the rate of 8~ 7~96 per annum, in monthly insfall- ~nents u follows: S 224s~ on ihe 2~th day of ~C@~e! lq?3 ar.d ~ like sum on the careapa+dirg day of each mo~th there- after until 1he whoie be fully paid. Each it?stallment fir~t ~hall be app!ied in paymcM of tlro interest and then o~ the unpaid balance of the princ~p~l sum. If defauh is made in the payrr~M of any installm~nt when dve, a~d such defauh continues 30 days, tF~m at the opYwn af fhe hotdef, artd wtthout sr- orF~ noticr, aJi ~he reri~aininy installmeny sh~tl b~ due and payabfe at once. Privitege is given to prepay this rate in whoie or Jn pa~t at any time withotn ?,et~aNy. Neiths~-fotebw?~np,_ no? scceptanoe by tAe holde? thereof aher any tkfa~h in any payments hereon, shall be deemed extension. A late payment charq~ of •?Q - shall be added ~o each initallment remaiainy unpaid 7 days ~fter its dua dats, and a like iwn shall be added ro each iuch installnxnt remaining u~paid 7 days after each svctsedinp psym~nt~ daTe. Eath maker, surety and endorser hereof, ~oinHy and seve~ally, waives dema~d, presentmero protest and notice of protest fw nonpayrrKnt, and funher agrees lo any extension of time of paymenL eithr before o? aiter maturity, without notice to any of us; and to pay all costs of collection, includiny • reasa?able sttomey's fee in Ihe event of a~y defaull hereunder, end hereby severally waives all barxfit of homesread and exemptio~ under the constitulion and laws of exh State af the United States, aa aqainst this obligation w any extensan or renewal hereof, YUittwss th 1~and a~d seal of each oartr. s% Nancy S~iih, a sirgie a~i (s~?U tseaU ( ~ ~ •8O ) State Revenue (5?aw~~-Mwcdl~ ~ ~ri~:w~l -MN) NOW, THEREFORE, the MORTGAGOR for the r 27 ZOO.OO pu pose of securing payment of ssid sum of i ~ and the performuxe of the covenants and agreemenn hereinafter expressed, and fa d~vers good and valuable conaiderations, by these presents, does g?ant, barpain, sell, ~emise, releaae, convey snd confirm unto the MORTGAGEE, iri succeuors and auigns, all that certain bt, piece pt pucel of land, situste, lying, and bring in the County of $t. Lueie and State of florida, dexribed as follows: Lot 13, Block I76, LAKEWOOD PARK SUBDIYISZON I~R'T 12A, as per plat b thereof on f ile in Plat Book 11 , Pages 35 34 ot the Pub 1ic Records of St. I.ucie County, Rlorida, - - - _ . . . . . - - - - - ~T-: _ . N STAT~ oF F~ORID~i ~ . ' ~ UOCUMENTAR~~STAMP TAX ~ ~ y n~ ~ UEPT_ UF REYEPIUE . .a_ ^ r ti - ~ ~ "~o _ = SfP 1573 . ; ~ 4 8 0 ' ~ = ~nD2 ~ . 6 - D IN P1~YN~ ~ tAX~ P'ERSON~L a . . . . . . . , ~ INTII[~Gt~ pf ]911. /JJ ~ ~ G Tp q{ApTER 71-~34. ~ plIP.51W'~ POI~RII~ ditil W~R ~RS, ST. tii~E (ID.. FlA together with alI snd singulsr the tenements, hereditamenb and appurtances thereunto bclonging or in anywise appertainin~ fhereto, +nd all re~b, iuues, proceeds and yrofits ~cauing and to acuue from ssid prcmises, all of which are Frxluded in the ~bove and foregoing desctiptwn and h~bendum, , TO HAVE AND TO HOtD the above dexribed snd gnnted premises unto the said MORTCsAGEE, ib successors and auigns forever. And th~ iatd M~ , • ' ' RT AGEE its wtcessors ~nd assipns. that lawful~ seized of the said she is y i~ f~ ~~p~e; th~t tl» sama ~re free, tkar and dixharged from all lieru and entvm- brances in taw-or In~quiry, and that S~ will and her hei~s shall w+rrsnt and defend the titk to the s~me to the ssid MORTGAGEE, its successws and assigns, forever against the Iawful claims ~nd demsnds of all persons; PROVIOED, AlWAYS that if the MORTGAGOR shall p~y ~nto the MORTGAGEE the promiuory ~ote hereinbefore dexribed and sFull truty, promptly and fuily perform, diuharge, execute, complete, comply wirh and abide by esch and every the stipulations, sgreemenb, conditions ~nd tovenanri of said promissory rate and of this Mortgsge, then this Mutgage and the Estate hereby ae~ted shall teafe u~d be null and wid. IT IS UNDERSiOpp that the word "Mortgsgor" whether in the si~gular w pt~ral snywhere in this Mwtgsye, shall be sirgulst if one only ~nd shsll be plural jointly and severatly if more tMn a~e, and thaf the wo~d "their" as used anywhere in this Mort~age shall bs tsken to mesn "his;' "hen," or "its;' wherever the contezt so implies a admits_ Also, that wfierever thcre ii s ~efaence in the toven~nfs ~nd ayreements herein contained to ~ny of the parties hereto, the same shslf be construed to mesn as well as the heirs, leyal representatives, s~aeuws and ~ssi9ns (either volunury by ~ct of th~ parfief or involumary by ope~ation of fhe law) of tlx s~ and that the covenants herein contained shall bind and the benefits ar+d advantapes inwe to the respective heirs, legal represematives, tucceuas snd ass~gns of the psrties hereto. And said M.ortgsgors, for tlxmulves and their hein, legal representatira, successo~s and auigro, hereby joiMly and uver~lly tovenant and apree to snd with ths said MQRiGAGfE, in :uccesson and augns: 1. To pay +11 and sengular the principal ~nd interest end the vsrious and sundry wms of mo~ey payable by virtue of taid promiswry not~, and tha mwtgaye, esch a~d every, promptly on ?I~e days respecsively the same sevenlly become due. 2. To pay sll and singulu the tsxes, assessments, lev'~es, li~biliteei, obtigations and encumb?~rxes of every nature ~nd kind now on s~id d~saibed prope?ty, a that hereafter may be impored, suffered, plxed, levied, or iuessed thereon, or thst hereafter may be levied or ~ssessed ~pon this Mortp. age, w tMe indebtedness tecured hereby, each and wery, when due and payabk, ~ccording to law, before they becomt delinquenL u~d befw~ ~ny interpt attacl~es or any penalty is int~rred; AND iN50fAR AS ANY THEREOf tS Of RKORD THE SAME SHAII 8E PROMPTlY SATISFIED ANO DISCHARGED OF RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH ~?S, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEMT; ~nd in the event thsf any fhereof is not paid, sat"sfied and discharged sa:d MORTGAGEE may at any time pay tlx same w ~ny p~rt thereof without waiving w affecting any option, lien, equity a •~qht under a by virt~?e of this mortgage and the full amount of e+ch and every i~ch payment shall be inunediately dve and payabk snd shall bear i~terest i•om the date thereof until paid at rate of nine per centum per a a ogether t s h inrerest fMall be secured by the lien of th:s mor~ts~e, 8001I~~~ PAC~~~~~ ~ . . rY~++ r u .~3~ , ' ,v.~- - w .r __w.W~