HomeMy WebLinkAbout2173 ,iNIS INDENiURE. Made ths 6t'h day of Ma~~ A.D. 19__?~~ betNeen
_ _H~mond P. Lein and Joan_ B. S. ~e~n~ his. Wife--, T" _
of _ Ct.. T+11C~Q County Florida, hereinalte~ des~gnared es ~he ";AUk~GACQ.t," srd FIRSi fEDERAt SAVINGS AND IOAY
ASSOCIATION OF FORi PIERCE, a torporat~on orga~ized and ea~sting under the lawi ef ths Un~ted Statos of Amcriu and having itt principal place of
busineu in the City of Fort Pie~ce. St. lutie County, Flwida, hereinafter designa~ed as ths "MORiGAG~~:'
WMEREAS ths MORTGAGOR is ju~tly indebted to the MORIGAGEE in the svm of 5-6~1-~~'~ good and lawful money oi the Un~ted
States advanced by the hlORTGAGEE umo the MORTGAGOR, as evidencad by a certe~~~ promiuory note o1 a~en wie herewith, o( wh~ch the IoUow~ng in
words and f:gures is a true copy, to-wir, 1ar~~7a
s b 8,.900. 00 - t N~
Fort Pierc~. Horida, ~~h v~ 19 7
For value received, 1, we w either of ui, proLm~se to pay, without defalcatia~, to the orde~ of FIRST FEUERAL SAVINpGS AND IOAN ASS`~CIATION OF
FORT PIERCE af fort Picrte. Fio~ida, the sum of s v8~_~~!~ wilh interest from date at the tate of _~_'.?bo per annu+n, in moMhly uutall-
~•~rms as Fo::ows: = 6~?.L~- on the ?~h day of _ Ap~l 19_?~ and a like sum on the correaponding day of eath monih there-
atrer uniil the whole be fuily pa~d.
Each ins~allrnent first shall be app~~rd in payment of the inrerest and tF~en on the unpa~d balance of the princ pal aum. If default is made in thr
~ a~mem of any installment when due, and such default continues 30 days, then at the option of the ho:der, ar.d wi~hout any o~her notice, all the remain~ng
,"ital~ments shali be due and payable at o~ce. Privilege is givrn to prepay this note in whole or in part at any time without penalty. Neither fcorebearaoce,
nor acceptance by the holJer thrreof after any default in any paymenta hereon, shall be deemed extension. A late paymeM charge of S~0•v~. shall be
.,~ded to each instai6nent rema~ning unpa~d 7 days after its due date, and a I~?.e sum shall be added to each s~ch instai~ment remam~ng unpa~d 7 days afte~
each succeeding payment dare.
Each maker, surety and endorse~ hereof, jo~ntly and severally, wa~ves damand, presentment protest and no~ice ot proteat fw nonpayment, and further
agrees fo any eatension of tin:e of payment, eitner bafore or a(ter maturity, wirhout nonce to any of us; and to pay all costs of co~lection, inctud:ng a
r~~,sonable attorney's fee ~n the e•rent of any defauit hereunder, and hereby severally waives al~ benefit of homastead and excmption under the constitu~an
~~~d laws of eath $tate ot the United States, as agamst this ob;fgation w any extens~on or re~ewal hereof.
Witness the hand and seet of each pa~ty.
- S/ Ravmond P. Le in (SEAL)
iSEAI)
S Joan B. S. IB ~.11 (SEAL)
(SEAI)
Q1~2 . ~ ) State Revenue •
~6Re~wps-crwcdled ~on -o.:ginsF rexe) L
NOW. THEREFORE, the MORTGAGOR fw the purpox of securing payment of sa~d sum of S o~~~~'~ and the pe~formance of the
covenants and sgreemrn+s hereinafter expressed, and for divers good and valuable tonsiderationf, by these presents, dces qront. bargain, sell, rem~se,
re:ease, convey and confirm unto the MORTGAGEE, its sutcessors and assigns, a!1 that certain lot, piece w parcel of land, situate, lying, and being in. the
tounty of ~Ci - a~d State of Flo?ida, dexribed as follows:
I,ot 7 LF.S~ the North 1~0 feet and the West 50 feet, and Lots 8 and 9 LFSS the West 50 feet
thereof, of Plat of Re-Survey of KOBI.~GARD'S StJBDIVISION of part of Lot 3 of Russell's
~ubdivision of part of Sectio~n 28, ToWnship 3~t South, Range l~0 East, as per plat of said
??e-survey on file in Flat Book 1, at page 37, of the Public Records of St. Iucie County,
~'lorida; TOG~ H~'R WITH riparian rights,
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y = ,?~-=7 ` ' O ~ R~EJY~D ~~o ~lZ=-= tN PAYME1tf UF TA1(~S
O Q' ~1E WI CIASS 'C MlTAN61EI.E rERS~NAI PRQ'ERTY.
~ } pUi~WR TO CNAPIER 71-134, ACTS ~ IOII. ~y,
~ IDGER PORRAS •~~~1
~ R[AK CIRCIiIT OOURT, ST. WGIE 00. FtA •
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~ rcgether w~th all and singular the tenements, hereditaments snd appurtances thereu~to belonging or in anywise appertaining thereto, and a{I rents, issues,
~ p~oceeds and profits acuuing and to' accrue from said premises, all of which are induded in the above and foregoing dexription and habendum.
~ TO HAVE AND TO HOLD the above described a~d granted premises unto the said MORTGAGEE, its svccessors and assigns forever. And the said
their
M,ORTGAGOR fw he~.s, executors, adminis~rato~s and assigns, hercby covena~ts with the ssid MORTGAGEE, its successws and sssFgn~,
~ ,,,af _ they_82'~___ ~awfully seized of the sa~d premixs in fee simp!e; that the ssme are free, clear and d~uharged from all liens and enc~m-
their
b•ances in law or in equity, and that tnex will and heirs shall warrant and defend the title to the same to the said
MORTGAGEE, its succeswrs and assigns, forever against the lawful daims and demands of all perso~s;
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PROVIDEO, ALWAYS that i( the MORTGAGOR shall pay unto the MORTGAGEE tl?e promissory note hereinbefore dewibed and shall truly, promptly
~ and fully perform, d~scharge, execute, complete, comp~y with and ab~de by each and every the stipulations, sgreements, to~ditions and tovenants of said
promissory ~ote and of this Mortgage, then this Mo~tgage and the Estate hereby ueated shall ce+se and be nufl and void.
~ IT IS UNOERSTOOD that the word "JNortgagor" whether in the s~~gular or plural anywhere in this Mortgage, shal) be singular if o~e only and
'::i shall be plural joimty and severally if mwe than one, and that the word "?heir" as used anywhere in this JNortgage shall be taken to mean "his;' "hers,"
- or "its;' wherever the co~teat so implies or aomits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of
rhe parties herNo, ihe ume shall be construed to mean as well as the heirs, legal representatives, successors and assig~s (either votuntary by sct of the
`-s parties or involuntary by operation of the law) of the same and tfiat the covenants herein cootained shall b~nd and the benefits and advantagq i~~re
~o the respective heirs, legal representatives, successors and ass~gns of the parties hereto.
'r~ And said Nbrtgagors, for tlxmsetves and lheir heirs, lega{ represe~tatives, successors and assigns, heroby joiMly and xverally covenant and agree
to and with the said MORTGAGEE, its successors and assigns:
1. 1o pay all and singular Ihe principal and interest and the various and sundry sums of money payable by virtue of said promisswy note, and this
- mortgsge, esch snd every, promptly o~ the days respect~vely the same severally become due.
2. To pay all and singula~ the ~axes, assessments, levies, liabilit~es, obligations and encumbrances of every nature and kind now on said described
` property, w that hereafter may be imposed, suffered, plxed, levied, or assessed thereon, or that hereafter may be levied o? asussed vpon this Mlortg-
: age, or the indebtedness secured hereby, each and every, when due and payable, according to law, befwe they become definquent, and before any interest
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a!taches or any penslty is incurred; ANO INSOFAR AS ANY TNfREOF IS OF RECORD THE SAME SHAIL BE PROMPTIY SATISFIED AND DISCHARGED OF
RcCORO AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSED
~r; OR CERTIFIEU) SHAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENT; and in the event thai any thereof is not
~ pa~d, sat"sfied and d~scharged sa'd NIORTGAGEE may at a~y ume pay the same or a~y part thereof without waiving or affecting any option, lien, equity or
.~qht under or by virtue of this morrgage and the full amo~nt of each and every such payment shalt be immediately due and payab~e and shall bear interest
°s;=
~.om the date thereof until paid ar rate of mne per cenrum per annum and together w~th such ineerest shall^be the lie t or ta e.
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