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Home My WebLink About1815 26'7860 iNIS INDENTURE NMd~ ihe 30th day of October L , A.D. 19 73 betwee+t James . uin an and arole.A. Quin2an , his pife of St. Lucie County Flw~da, herei~afts~ desgnated ai the "~!QRTGAGOR;' and FiRS! FEDERAL SAVINGS AND LOAN ASSOCtATtON Of fORT PtfRCE, a oorporarior~ oryanized and exis~ing undm lhs laws oi tf~s United Statos of Amsric• and having its principal place of buii~ess in the Ciry ot fwt Pietce, St. tucie Gou~ty, florida, hercinafter designated as tM "AAORIGAGEE." ~ WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE i~ the sum of s 37 + 4~ good and lawfuf money of the Un:tcd Statet advanced by the MORTGAGfE unto the MORTGAGOR, as evicknced by a certain paom~ssory nole of even date I~erewith, of wh~ch Ihe (ollowing in wwds and figures i~ a true copy, to-wit: - s 37 . 400 . 00 . r,b_ 10020511 Fon Pieres, Fiw~d., • October 30 ~y 73 Fw value received, I, we or either of us, promix to pay, without defatcation, to the order of ftRST FEDERAL SAYINGS AND IOAN ASSOCIATlON Of ; fORT PIERGE a1 Fort Pierce, Florida, the sum of s 37~ 400.~ ` W;fh interest from date at tha ~ate of 9• 2~io per annum, 'n monthly inatalb ~ ments as follows: s 321.~ on t~th day of Feb~~~ y_, )9 74 and a like sum on the cwrespond~ng Jay of ezch enc~~th shere- ± after until the whole be fully paid. _ Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sur~~. If defauh is Tade ir~ the ~ payment of any installme~t wheo due, and such defautt continues 30 days, then at the optFon of the ho:der, and wi~bout any othet notite, a!1 thr remair,~ng ~ ~r~stallments sAall be due and payable at once. Privilege ia given to prepay this note in whofe or in part af any time without ;.enalty. Neither ~aabearanx, \ nor accepqrxe by ~he holder thercof after any default in any payment~ hereon, shall be deemed extension. A late payment c.harge of Z_ 16.~Saha11 be added to each installment remaini~g unpa~d 7 days afte? iri due date, and a iike sum shali be added to each such installment remaining unpaid 7 days after ~ each succeeding payment date. a Eech maker, surety and endorse? hereof, jointly and aeveralty, waives demand, presentment protest and no~ice of protest for nonpayment, and further - ; agr~s to any extens~on of time oi payment, eitner before a atter maturity, without notice to any of us; and to pay afl costs cf co7lecrion, {nclucl~~g s f` ~ reazonable atrorney's fee in the event of any defauit hereunder, and he~eby severally waives all benefit of homestead and exemption ~~de~ the cu+stitution 1 ~ and laws of each State of the United States, as aga~nst this obl~gation a any eatensio~ or renewal hereof, 3 ~ } Witness the hand and seal of each party. ~ ~ s/ James L. Quinlan + (SEAI) ~ (SEAL) ' cs~r?u ~ SS~.10 s/ Carole A. 4uinlan ~5~~~ ( ) State Revenue a~a~ae~~t~-~aat a~t 37, 400.00 NOW, T?tERfFORE, the MORiGAGORlor the purpose of srcuring payment of said sum of ; snd the performance of the covenanta a~d agreements hereinafter expressed, and for divers good and valuable considerotions, by theu presents, does grant, bargain, setl, rem~se, ~ release, convey and confirm unto the MORTGAGEE, its succeswrs and assigns, a!1 fhat certai~ lot, piece a parce! of land, situate, lyirg, nnd being in the tounty of St . Luc i e and State of Florida, described as follows: ~ ~ ~ ~ S 1 iot l, Block 136, P~ORT ST. LUCIE SECTION 27, as per plat ; thereof on file in Plat Book 14, Page 5, of the Public ~ Records of St. Lucie County, Florida, . ~ ~ STATE o~ ~L.~~lCJA I ~y ~ ~-~CUME~VTAR7,~:,~,STAMP *t.>~ OEPT~UF REV~NU~sr` . . ~ - A.R wJi•T'i~ ; y S 6. ~ O ~ Q -ii~o?~ ~ ~ TNIES ' ` ; IN P4Y"F~~ ~~y. • • . . . . . RECEryED~S-~ „.a ~B~ f ~ ~ . p~ON ,a~~ p~l~t j0 ~k`~~p~,Eft P011M:; ~p~ Gii1~1~ ~Rj' St. ~~E ~ together with •11 and singular the tenements, hereditaments and appurtances thereunfo belonging or in snywise appertaining thereto, and all rentt, issues, proteeds and profits accruing snd to accrue from said premius, aN of which are included in the abovs and foregang dewiption and habendum. TO HAVE ANOtTQ~Fi01D the above desv7bed and granted pr~m~ses unto the said MORTGAGEE, its successas and ~ssgns torever. And ths s~id Il lI AiORTGAGOR fw heirs, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its succeuws and assigro, ; th are ~hat - lawfully seized of the said premius in fee simpte; that the same are free, cleer and dixharged from tll liens and encum- s brarues in Isw w in equity, and that they M,~~~ a~ the ir hein shsll warrant and defend the title to the sams to the said ~ MORTGAGEE, its successors and auigns, forever against the lawful claims and demands of all pt~sons; • ~ PROVIDED, AlWAYS that if the MORTGAGOR shail pay trnto Ihe MORTGAGEE the promissory note hereinbefote dexribed snd shsll t~uly, promptly ; and fully perform, d~uharge, eaecute, complete, comply with and abide by each and every the stipulatiw~s, agreements, conditions and covenants of said ~ promissory note a~d of this Mortgsge, then this Mo?tgege and the Estate hereby uested ahall te~ss ~nd be nvli and void. ~ IT IS UNDERSTOOD that the word "Mortgagor" wfxther in the singuta? a pl~ral a~ywhere in this Mortqage, :hal1 be singular if one or~ly snd sha!! be plu.al joiotiy and severally if more tAan one, and rhat the word "t heir" as used anywhere in this Mortgage shall be taken to mean "his; '"hen," • ~ or "its," wherever the context w implies a admits. Alw, that wherevcr there is s reference in the covenants and agreements herein contained to any of the parties hereto, the ssme shall be construed to mean a~ well as tix heirs, legal represent~tivrs, sutcesson snd auigns (either voluntary by act of the parties w involuntary by operation of the law) of the same and that ihe covenants Fxrein contained shall bi~d and the benefits and edva~tages in~re ro the respedive heirs, legal representatives, succeuors and ass~gns of the parties hereto. And said Mortgagors, fa themxtves and their heirs, legal represe~tarives, successors and suigns, bereby jointly and severaliy covensnt and agree to and with tfie iaid MORTGAGEE, its successas and assigns: 1. To p~y sll and ~inguiar the princip~l snd interest snd the vario~s and sundry sums of money psyable by virtue of said promi:sory note, and this mortgage, each and every, promptly on the days respectively the ssme severatly becane due. 2. To pay sll snd singul~r the taxes, assessments, tev:es, lisbilities, obligations and er+cumb~arxes of every nature snd kind now on said dewibed property, w thst hereafter may be imposed, suffered, placed, levied, w assessed thereon, or that hereafter may be levied or asseued upon tl?is Mort¢ ' age, or the indebtedness searred hereby, each and every, when due and psyable, sccording to tsw, befwe ihey become delinq~em, and before ~ny interesf o.~'`.s ; arraches w anY penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL BE PROMPTIY SATISFtE~ AND DISCHARGEO OF m'•. RECORD AND THE ORfGINAL O~FICIAL DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATI$FACTION PAPER OfFIC1AltY ENDORSED OR CERTIFIED) SHAII 8E PLA~EO IN THE HANDS Of SAIO MORTGAGEf WIiHIN TEN DAYS NFXT AFTER PAYMENT; and in the event thst any thereof is not ' paid, sat'sfied and distharged sa'd MORiGAGEE may at any time pay the sartx or any part thereof without waiving or affecting any option, lien, equity or •~qht under or by virtue of this mortgage and the full amount of each and every svch payment shat( be immediately d~e and payabte and shall bear interest ' j~om rhe date the~eof unti! paid at ~ate of n~ne per centum pvr annum snd together w~th such interest shall be secured by the lien of th:s morgtage. , . _ _ . .r=_:_ _ .2